## APRIL '97 TRUST Financial Statements & Trustees Annual Report for the year ended 31[st ] March 2024 Independent Examiner: Peter Saltiel Church & Charity Accounts Service Ltd ## APRIL '97 TRUST ||Page| |---|---| |GENERAL INFORMATION|2| |TRUSTEES' REPORT|3-4| |EXAMINERS REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |NOTES TO THE FINANCIAL STATEMENTS|8-9| 1 ## APRIL '97 TRUST ## CHARITY INFORMATION ||Charity Name:|April ‘97| |---|---|---| ||Charity Registration No.:|1067775| ||Governing Document:|Declaration of trust dated 16th July 1997 as varied by
supplemental deed dated 14th January 1998| ||Staff:|Ian Cole
Pauline Cole| ||Trustees:|Paul Baxter
Richard Brooker
Janet Gilmour| ||Independent Examiner:|Peter Saltiel
Church & Charity Accounts Service Ltd
Planchadeau
23460 Saint-Pierre-Bellevue
France
formerly of 69 Portland Place
Greenhithe Kent DA9 9FE| ||Correspondence Address:|18 Hartswell Drive
Birmingham
B13 0PE| ||Bankers:|Barclays Bank PLC
79-84 High Street,
Birmingham
B4 7TE| ||Solicitors:|Anthony Collins Solicitors LLP
134 Edmund Street
Birmingham
B3 2ES| 2 ## APRIL '97 TRUST ## TRUSTEES' REPORT MARCH 2024 The trustees present their report on the financial statements for the year ended 31st March 2024. ## ESTABLISHMENT The Charity was established by a trust deed dated 16th July 1997 as varied by a supplemental deed dated 14th January 1998. ## REVIEW OF ACTIVITIES FOR THE PUBLIC BENEFIT The Trustees have taken account of the Charity Commission’s general guidance relating to public benefit issues when reviewing the Trust’s objectives and achievements. The Trustees are very grateful for the continued support both in finance and prayer for the work of April 97 Trust, especially in these times of financial constraint Throughout the past year, our dedicated staff, Ian and Pauline Cole, have tirelessly worked towards achieving the charity’s objectives of promoting prayer and supporting organizations and churches involved in mission and social action activities. Much of their efforts have been in collaboration with the World Prayer Centre (WPC), which Ian founded and continues to serve as a Trustee, while Pauline contributes to an administrative capacity. Despite Ian’s health condition limiting his travel, the use of Zoom and other communication tools has enabled Ian and Pauline to participate in numerous local, national, and international prayer events. The demand for prayer and spiritual support has grown, as challenges and issues in various communities and people groups around the world have become more apparent. In their work with WPC, Ian has maintained his role as a senior advisor to the International Prayer Council, engaging with prayer and social action groups globally through Zoom, WhatsApp, and Facebook. Ian also continues to provide guidance and support to several national and international Christian organizations in his advisory role with Aglow International. We are pleased to report significant improvements in Ian’s health, allowing him more opportunities for face-to-face meetings. The Trustees are encouraged by Ian and Pauline’s continued commitment to meeting with the WPC Team four times a week on Zoom, where they strategize, share, and pray together, fostering the growth and vision of WPC’s ministry. ## FINANCE REPORT Income for the year was £30,905 (2023 £29,271) and we wish to thank our supporters for their continued giving both as individuals, churches and grant making trusts. The principal source of income is donations received from individuals and local trusts. Expenditure for the year was £30,000 (2023 £30,068) 3 ## APRIL '97 TRUST ## TRUSTEES’ REPORT, continued ## TRUSTEES The trustees have all held office as trustees throughout the year and to the present date. The power of appointing new trustees is vested in the trustees for the time being. The trustees have agreed that, as part of the induction process for new trustees, before anyone considered appointment as a trustee, they should familiarise themselves with the responsibilities of charity trustees, read the charity commission booklet on this subject and carefully read the trust deed and the latest financial statements. ## RESERVES AND RISKS The Charity relies on regular continuing income to meet its own monthly commitments. As there are no demands likely to be put on the Charity that the trustees have not planned for, it is the policy of the Charity to operate with a minimum of reserves. At the year end the reserves amounted to £4,446 (approximately one and a half month's expenditure) (2023 £3,541) and at the time of approving the accounts the Trustees have a reasonable expectation that the charity has sufficient reserves, and that the charity is a going concern. The trustees periodically review risks and take steps to minimise them where practicable. ## STATEMENT OF TRUSTEES RESPONSIBILITIES Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements the trustees are required to: - a) select suitable accounting policies and then apply them consistently. - b) make judgement and estimates that are reasonable and prudent. - c) state whether the policies adopted are in accordance with the SORP (Accounting for Charities) and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements. - d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees on 6[th] January 2025 Signed on their behalf by P Baxter 4 ## APRIL '97 TRUST ## Independent Examiner’s Report to the Trustees / Members of ## April ’97 Trust Registered Charity No. 1067775 for the year ended 31[st] March 2024 ## _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 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - To state whether particular matters have come to my attention. ## _Basis of independent examiner’s report_ My examination was carried out in accordance with 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 the trustees concerning 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 keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Peter Saltiel Church & Charity Accounts Service Ltd 7 Planchadeau 23460 Saint-Pierre-Bellevue France _Formerly 69 Portland Place, Greenhithe, Kent, DA9 9FE_ Dated 7[th] January 2025 5 ## APRIL '97 TRUST ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2024 All activities are regarded as continuing. The above statement includes all recognised gains and losses during the year. The Balance Sheet and Notes to the Accounts form part of these Financial Statements 6 ## APRIL '97 TRUST ## BALANCE SHEET AS AT 31st MARCH 2024 Approved by the trustees on 6[th] January 2025 And signed on their behalf by P Baxter 7 ## APRIL '97 TRUST ## NOTES TO THE FINANCIAL STATEMENTS ## 1 BASIS OF PREPARATION ## 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts, accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Companies Act 2006 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The accounts present a true and fair view and no changes in the basis of accounting have been made during the year. There have also been no changes to the previous accounts during the financial year. The charity is a public benefit entity as defined by FRS 102. ## 1.2 Going concern At the time of approving the accounts the Trustees have a reasonable expectation that the charity has sufficient reserves and that the charity is a going concern. ## 1.3 Changes in basis of accounting The accounts present a true and fair view and no changes in the basis of accounting have been made during the year. ## 1.4 Changes to previous accounts There have been no changes to the previous accounts during the financial year. 8 ## APRIL '97 TRUST Notes to the Financial Statements (Continued) ## 2 ACCOUNTING POLICIES ## 2.1 Voluntary income Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when received. ## 2.2 Income tax recoverable Income Tax recoverable on Gift Aid is accounted for on an accrual basis. ## 2.3 Unrestricted funds Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds. ## 2.4 Restricted funds Restricted funds - are to be used for the specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund. ## 3 SALARIES AND NATIONAL INSURANCE This comprises salaries of £30,000 in aggregate for two full-time staff and, this year, no employer’s national insurance. No employee received over £60,000. - 4 The examiner waived his fee for examining the financial statements. The Trustees appreciate this contribution with thanks. - 5 - No trustee received any remuneration or benefit. 9