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NEWINDIACMURCM ofGOD (UL) AJministrative /nfonnatson orye2renJeJs i MarcA 202+ Steph., r (Ch asc 5tevc Arma Derek B..rfoot C I b..rfoot airman aro Christine Cl.,k K05c Marie Cl k (re5igncJ i Nov 2023) ar r,.1 Moll,.gworth nan 1064-07/0 Governing Docurnent onstitution &Trust D J 2.d J,ly 1997 ee 5Ma ledene emna l R..d urst bK7 6LX pcndent Examiner M, L.A fersu50n arc 41 Woolwich N,. R d oa wic 5E186LT
Independent examinerfs report to the trustees of New Indla Church of God (UK) Trust I report on the accounts of the Trust for the year ended 31 March 2024. which are set out on pages 1 to 10. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts (under section 145 of the 2011 to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act-, and to state whether particular matters have come to my attention. Basls of independent examineff s report My examination was carried out under section 145 of the Charities Act and in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. {1) which gives me reasonable cause to believe that in any material respect the requirements: to kggp accounting r9cords in accordance with section 130 of the 2011 Act: and to preparé accounts which accord with the aGcounting records and comply with the accounting requirements of the 2011 Act have not been met: or {2) to which. in my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Oo¢uSlgned by.. Name: Karl Ferguson Signed: F684AFEF230Q4FC... Relevant professional qualification or body: Institute of Chartered Accountants England & Wales Addr8ss: 4 Streamside Close, Bromley. Kent, BR2 9BH Date". 14-08-24
NEW INDIA CHURCH OF GOD (UK) Annual Re ort- ear ended 31 March 2024 New India Church of God (UK} had an income of £178,997 in the year and is eligible for an Independent Examination. As the charity is below the audit threshold it may also produce a simple annual report. The trustees present their report along with the Receipts & Payments accounts of the charity for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out on page seven and comply with the charity's governing instrument and applicable law. Constitutlon & Histo The charity is governed by a Trust Deed dated 2nd July 1997. Ob'ects The Trustees shall hold the Trust Fund and the income thereof upon Trust to pay or apply the income and all or such part or parts of the capital of the Trust Fund as the Trustees shall think fit for in the country of India: The objectives of the charity include", To give every man, woman and child the opportunity of hearing and understanding the Gospel of Jesus Christ and to build and support a church where they can grow and develop in their faith and worship of God. The relief of poverty & hardship. The advancement of education including the establishment of Educational Institutions. iv) The support of children in orphanages. and women in destitute women's homes. Also supports education for destitute women & children. Summa of the maln activltles undertaken for the these ob'ects The trustees have taken account of the Charity Commission's guidance on public benefit in making their decisions about the distribution of the funds in the nation of India. New India Church of God IUKI'S aims are broad and we are therefore confident that all distributed funds have been done so in conjunction with those aims. Any private benefit arising would be incidental and insignificant. ubllc ben flt In relatlon t
Achievements and Performance Local Churches & Pastors The charity donated a total of £ 123,341 from both the UK and Poland General & Restricted funds to support 176 Pastors. Poland funds supported 122 Pastors and the UK funds 54 Pastors. Pastors are responsible for city. towns and village churches in India enabling people to attend church worship & prayer services to practise their Christian faith. Relief of Pove Support of £1,000 was distributed to families for food and living expenses for those affected by the persecution in Manipur when thousands of Christians fled and came to seek shelter in New Delhi. Or hans & Destitute children Two Children's homes received support, providing orphans and destitute children with a home, education, clothing and food. Bible Schools & Students The Kumbakonam Bible School in South India received monthly support from the Poland fund for the training of Bible School students. From the UK restricted fund 4 Bible Students received monthly support in the Delhi Bible School. anlsalion of the Charlt The trustees named on page one except for Mrs Rose Marie Clark who resigned the trust on l November 2023 have served throughout the year. Trustees are selected and appointed by the Trustee board. Trustees are inducted and trained by the Trustee board. All decisions are made by the trustees. Investment Powers The trustees may invest the property of the charity in such investments as are authorised by the Trustee Act 2000. subject to the restrictions and conditions contained in that Act. Reserves Polic It is the policy of the trustees to maintain unrestricted funds, which are the free reserves of the charity, at a level at least sufficient to. al Cover management, administration and support costs for 3 months which equates to £1,866. Unrestricted funds were maintained at this level throughout the year. Grant makin olic The Trustees do not respond to unsolicited applications. Funds are distributed to an organisation well known to the trustees.
Activitles in the Year The charity depends on gifts and donations made by individuals and groups. The funds were distributed to an organisation in India New India Church of God (Northl well known to the trustees. The charity made a general donation of £77,208 to New India Church of God in India and a restricted fund donation of £25,177 a total combined donation of £102,385. Overall, 176 local Pastors and families were supported on a monthly basis over 12 months at £30 per month. Two Children's homes received support. Bicycles were purchased for 76 Pastors in village areas. Kumbakonam Bible School was supported for one year in South India training Bible Students. Relief of poverty support was distributed to Christian families who had fled the persecution in the state of Manipur to New Delhi. Risk Mana ement The trustees have indentified and reviewed the major risks to which the charity is exposed and have established processes and controls to mitigate those risks. Trustees, res onsibilitles In relation to the accovnls Law applicable to charities in England & Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those account5, the trustees are required Select suitable accounting policies and then apply them conslstently: Make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the accounts". and Prepare the accounls on the going concern basis unless it is inappropriate to presume the charity will continue in business. The trustees are responsible for keeplng the accounting recorcjs which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for the taking reasonable steps for the prevention and detection of fraud and other irregularities. The charity as agreed, remunerated on a self-employed basis one truslee Christine Clark for providing Administrative, Financial Services and office space for the year ending 31 March 2024. Approved by Ihe Trustees and signed on thelr behalf by: ga I [( IcX4 Christine Clark (Trustee & Secretary)
NEW INDIA CHURCH OF GOD (UK} Receipts & Payments Account 31 March 2024 2024 2024 2024 2023 RECEIPTS Notes Restrietsd General Total Totsl General fund General Poland General COVID19 Interest received Giftaid - tax refunds Restricted Funds Trading activities 55,399 90,485 55,399 90,485 29,800 99,440 678 6,565 678 6,565 25,870 178,997 75 4,636 41,174 175,125 25,870 25.870 153,127 PAYMENTS General fund General Poland General COVID19 Interest received Giftaid - tsx refunds Restricted Funds Total 17,642 75,705 17,642 75,705 26,632 159,633 1,400 22 3,421 46,195 237,303 181 4,636 181 4,636 25,177 123,341 25,177 25,177 98,164 SURPLUSIDEFICIT OF RECEIPTS & PAYMENTS General fund General Poland General COVID19 Interest received Gift aid tax refunds Restricted funds Total 37,757 14,780 678 498 1,929 37,757 14,780 678 498 1,929 693 55,656 3,168 (60,193) {1,400) 53 1,215 (5,021) {62,178} 693 693 54,963 OPENING AMOUNTS General fund General Poland General COVID19 Interest reiVed Giftaid tax refunds Restricted funds Total 6,233 24,017 6,233 24,017 3,065 84,210 1,400 57 8,315 57 8,315 16,905 55,527 7,100 21,926 117,705 16,905 16,905 38,622 CLOSING FUND BALANCE General Fund General Poland Interest received Giftaid tax refunds Restricted Funds Total 43,990 38,797 555 10,244 43,990 38,797 555 10,244 17,598 111,183 6,233 24,017 57 8,315 16,905 55,527 17,598 17,598 93,585
NEW INDIA CHURCH OF GOD UK FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A) The charity had no fundraising costs in the year. Remuneration on a self-employed basis was paid to one trustee Christine Clark as agreed, £6,000 for Administration and Finance services plus £2,400 for Offi rent. B) 1. Notes to the Accounts These financial statements have been prepared under the Historical Cost convention and in accordance with applicable standards and the Statement of Recommended practi (2005) Accounting for Charities. The accounts have been prepared on the receipts and payments basis. 2. Trading Activities Trading activities comprise of gross proceeds from collections of general and special offerings. General Receipts There was a significant increase in the UK general fund nearly double in reiptS due to increased one off offerings from UK churches. Overall, the Poland general fund receipts decreased by approx.10 % this year due to the Ukraine war. Restricted Receipts There was a slight decrease of UK regular receipts for; Pastors, Bible School students, Children's, support and a slight increase for widows. There was a one- off donation of £1,000 to support the Manipur families fleeing persecution. No more one-off donations were received in this financial year 2023 to 24 for the school building project in Delhi and the Kerala welfare project Direct charitable expenditure Includes donations to New India Church of God (North) in India as detailed in the analysis of gifts. Reimbursed expenses were paid as agreed. Interest and giftaid monies were added into the General fund. 3. SurpluslDeficit of ReceiptslPayments There were surplus funds available at the end of the year. Signed.. Position.. Assistant Treasurer K Signed". Position.. Chairman Date: .l.11.lJoi
NEW INDIA CHURCH OF GOD UK Recei ts ended Year 31 March 2024 RECEIPTS 2024 2023 General UK General Poland designated Bank Interest Gift aid 55.399 90,485 678 6,565 153,127 29,800 99,440 75 4,636 q33,951 Restricted Pastor's support Bible Students Manipur Widows Sound System Delhi School Builiding Delhi Children's support Kerala Welfare Project 21,880 330 1,000 640 22,499 620 625 50 6,200 1,180 10,000 41,174 1,000 1,020 25,870 178,997 175,125
NEW INDIA CHURCH OF GOD UK PAYMENTS ANALYSIS 31 March 2024 PAYMENTS AMOUNT AMOUNT 2024 2023 General General fund grant to New India Church of God in India 8,654 20,649 General fund grant (Poland Funds) General fund grant from COVID19 UK Intl Airline Travel Expenses (Poland General funds) UK Travel & accommodation expenses UK expenses Postage Bank charges and interest Accountancy fees Rent Office space Admin & Finance Services 68,555 151,695 1,400 7,937 7,150 2,885 2,054 10 457 1,891 12 287 180 2,400 4,656 191,108 2,400 6,000 98,164 Restricted funds Pastorfs support Bible School students Childrens support Widows support Sound System Delhi School Building Delhi Kerala Welfare Project Manipur support 16,547 400 685 645 31,210 960 1,825 1,000 1,200 10,000 5,900 1,000 25,177 46,195 123,341 237,303
NEW INDIA CHURCH OF GOD UK STATEMENT OF ASSETS & LIABILITIES AS AT 31 MARCH 2024 2024 2023 CASH FUNDS Barclays Community Account General fund Restricted fund 93,585 17.597 111,183 38,622 16,905 55,527 Other Moneta Assets Giftaid tax refund due for claim before 31 March 2024 1,949 2,593 Liabilities General fund Barclay credit card Barclay bank charges 159 13 172 Restricted fund 10
NEW INDIA CHURCH OF GOD UK FUND DISBURSEMENT TO INDIA 31 MARCH 2024 2024 2023 UK General Fund Evangelistic meetings & Crusades Pastors support from General Fund Building maintance Bicycles from General fund North India Convention Fuel & Maintenance of School buses & vehicles Salaries & wages of stsff Kumbakonam Bible School COVID support 1,000 3,000 1,200 1,400 500 473 680 400 2,105 4,000 4,489 1,600 2.000 3,555 2,500 400 1,400 22.049 8.653 Poland General Fund Pastors Support Buildings and Building maintenance Bicycles for Pastors North India Convention Kumbakonam Bible School Widows 44,400 2.255 3.900 1.000 5,000 12,000 68.555 127,900 4,795 12,000 2,000 5,000 151.695 UK payments from Poland fund Pastor Abraham 'rIlne Travel 7,150 7,937 Fund8 to Now India Church of God (North} 84,358 181.681 Restricted Fund Pastor's support Bible S¢hool Nagpur Girls child support Malanjkhand Boys Home Widows support SGhool Sound System church Kerala Welfare Project Manipur support Funds to New India Church of God (North) 16,547 400 343 343 645 5,900 31,210 960 912 913 1,200 1,000 10,000 1,000 25,177 46,195 TOTAL FUNDS TO INDIA 109,535 227,876 UK Payments Administration & Finance General & Travel Expenses Office rent Accountancy fees 6.000 5,405 2,400 4,656 2,191 2,400 180 9.427 13.805 TOTAL PAYMENTS 123,341 237,303 11