ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 OCTOBER 2021
INTRODUCING MEN TOJESUS SINCE 1989
CONTENTS Trustees, Report Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to the Accounts 06 14 15 16 17
TRUSTEES, REPORT The Trustees have pleasure in presenting their annual report together with the financial statements for the year ended 31 October 2021 Legal and administrative information Chairman: l H Manifoldto30/4121 C Beech from 3014121 Trustees: B Priestley E Dring l H Manifold (resigned 30 Apr 211 D Thorpe Nathan Blackaby Call Beech Chief Executive Officer. President.. Operations Director: Registered Officv. S Martin Staveley Methodist Church Chesterfield Road Staveley Chesterfield 543 3XD Registered Number: Registered CharityNumber {England & Wales): 1071663 Registered CharityNumber (Scotland): SC043446 Bankers: HSBC Bank plc 45 Milsom Street Bath BA11 DU 3623498 Standard Life Bank Limited 30 Lothian Road Edinburgh EHI 2DH Stopfoids Synergy House 7 Acorn Business Park Commercial Gate Mansfield Notts NG181EX Auditor. P39e60124
Objects of the charitable company The charitable company is established to bring The Gospel of The Lord Jesus Christ to the men of the United Kingdom. The governing document is a memorandum of association. Organisation of the charitable company The running of the Charitable company is overseen by a Board of Trustees, whose members are directOlS Wlthin the meaning of the Companies Act 2006. The trustees meet two to three times each year to oversee the ministry and staff. In between trustees, meetings, the CEO meets with the Chair of Trustees as required. CVM aims to have about five trustees who together bring to the Board a selection of competencies such as Evangelism, Accountancy, Human Re50uices and Management. The Chairman is elected every year at the AGM, and trustees senie for a thiee-year term, when they may be r*elected by other trustees. Summarising CVM Christian Vision for Men's target is 'To equip the Church to introduce every man in the UK to Jesus Christ,. Principal activities and review of the year This has been another busy year for CVM, including moving the head oflice of the charity moved to cheaper shared space in a local Methodist church. The pandemic resulted in some innovative and ground-breaking initiatives to continue to fulfil the vision of CVM utilisi ng online tools and concepts. Nathan Blackaby remains CEO responsible for the day-to-day activities of the charity, and Call Beech brings his visionary, networking, and fund-raising skills in the role as President. Annual Conference/Conferences The summer Festival ffhe Gathering) was again cancelled due to the pandemic, and again was held online to great success. The event was live streamed with minimal cost from the CVM Office with over 30CK) individual viewings across Facebook live and you tube. All other events and festivals were cancelled due to Government restrictions. It is intended to hold The Gathering physically in 2022. Page 7of 24
Strategic Vision. l. To partner with l 000 men's groups across the UK CVM men's groups are evangelistic and are our primary method ofcommunicating the gospel. We are indebted to our group leaders and volunteer5 who work tirelessly to help reach men with the message ofJesus. The number of groups is now around 300. This figure dropped off during the pandemic, but since things have opened up, we are seeing new active groups partnering. A new website and app is in course of production to encourage and support men's groups in a more direct way. 2.To run the premier evangelistic men's website in the UK The website is redesign is based around the Code and linked to the evangelistic resource The Crazy Way. It is hoped to launch the new website in late 2022. During the pandemic, new initiative5 were launched including a live streamed show on a Sunday Night (Sunday Night Livel which ran from April 20- Apr 21, engaging with approximately180 viewers online weekly. Podcasts and blogs continue to be sent out on a weekly basis with the podcasts particularly growing in popularity during the lockdovvn. A new series of weekly PODCASTS entitled Tactical Comms,. 3. Become the major resource provider to enable evangelism to men CVM ha5 an extensive range of unique resources, which is growing year on year. The following new resources were produced in the reporting period.. Code talks- new video series based around the Code. Resources planned for the next reporting period include.. Winning Men new App based platform. Web site redesign and launch 4. To become a Global ministry with in-nation teams transforming the UK model culturally CVM'S Ivolunteerl International coordinator provides support and training for groups overseas using regular internet calls with an emphasis on prayer. During the year we had regular contact with several countries, including Brazil, Cambodia, France, Latvia, Serbia, Uganda, Australia, South Africa, and Portugal. It has been particularly encouraging to see the local teams in beginning to grow ènd consolidate the work themselve5 Within their countries. 5. To run the premier men's evangelistic festival in the UK The Gathering continues to fill a unique slot in the Christian events calendar in the UK. The event was cancelled in 2021 due to the pandemic and moved online to great succes& The event was live streamed from the Cdm Office at minimal cost and with over 3000 individual viewingg across Facebook live and you tube. Page8of24
- Develop The Code, into a Global Discipleship movement The Code is CVMS tool for developing missional discipleship. The Code, alongside the Crazy Way, continues to be the key in CVMS resource library. A new set of videos based around the Code entitled 'CodeTalks' has been filmed and will be released early 2022 (outside the current reporting period). The Code will feature at the centre of the new website which is also planned for the next reporting period. 7.To be a voice for Gospel issues in the public square and in the UK church We aim to be viewed as thought leaders when it comesto men and mission. We continue to develop our London presence via the London Mission Collective, and it has been encouraging to see our voice growing across Wales, including within the Welsh speaking community. We have links with partners engaged in significant area5 of advocacy such as tackling violence against women, the proliferation of pornography and the whole area of fatherhood. Even during the pandemic Team members have been keynote speakers at strategic and national online conferences and event5 on some of these issues. Key partnerships continue to be forged in this area, specifically associated with pornography (Naked Truth), violence against women IRestoied), marriage (Engage foiuml, sponsoring children growing up in poverty ICom•ssionl, working in deprived areas of the UK (Edge Ministries), fatherhood and adoption (Who Let The Dads Out and Home For Good). All these campaigns continue to be actively promoted across the networkfor example over1000 children have now been sponsored as a direct result of the partnership with Compassion. A major survey on Sexual Attitudes amongst Christian Men was conducted, with the results due to be published early in the next reporting period.
- To hold events suitable for all men. All physical 'in person, events were cancelled during the reporting period. New'online, ways of resourcing the Church whilst maintaining an ange115t1C impetus have been developed and reported on elsewhere in this report, including a live streamed weekly show'sunday Night Live,. Page90124
Public Benefit CVM exists to proclaim the Christian gospel by working with churches to introduce men in the UK to Jesus Christ and operates across the nation wherever churches seek to develop their outreach to their communities and beyond. In compiling this report the Trustees confirm that they have had due regard to the public benefit guidance issued by the Charity Commission. CVM believes that the Christian faith is a benefit to society and individuals through transforming men's lives and the impact on themselves, their families and society as a whole. CVM works with churches and partner organi53tions to tackle many social issues that are primarily a problem with / for men. Violence against women IRe5tored)', working to assist men addicted to pomography (Naked Truth and Covenant Eye5),' sponsorship of children across the world ICompas5ionl', encouraging men to volunteer for short term Mission trips abroad (Mission Direct and Mercy Ships),. encouraging men to engage with some of the most deprived social areas in the UK (Edge Network),. encouraging men in the area of making marriage work (Engage forum). This list indicates that CVM works Out its Public Benefit ir) a number of ways and seeks to demonstrate this benefit through its activities in the UK as detailed throughout the Trustees report. Financial review. The accounts show a material reduction in income for the second year running of £405k12020 £471 kl. This once again is entirely due to the charity's major event Thhe Gathering) not being able to run physically due to COVID-19 pandemic. This saw reductions in related sponsorship as well as the lack of ticket sales. This was also mirrored as previously by lower expenditure for the same reason. CVM'S net income therefore was positive which has further reduced carried foiward105ses. Material costs were again reviewed and where appropriate taken out of the charity on an ongoing basis. As a consequence, cash improved materially, this time by £23k. further placing CVM in a stronger position going forward. The board of Trustees feel confident that future physical The Gathering, events will be able to go ahead, and cost reviews done for the event will create a sustainable model to take forward. Reserves policy The Trustees, policy is to aim to retain sufficient reseries to meet commitments in case the charitable company ceased to operate. PagelOof24
Investment policy There are no specific restrictions on the Trustees, investment powers. CVM has no long-term investments or endowments. Cash surplus to monthly requirements is held in two savings accounts. Risk analysis Risk management is the process of making and carrying out decisions that will minimize the adverse effect of accidental losses upon CVM. The risk management process is vital to the personal health and safety of employees and the safety of the public. In finbncial terms, it is vital to our ability to pursue our goals, commence and operate programs and events, and to work out our Charitable Aim in an efficient and professional manner. The Trustees of CVM have put in place a risk management strategy to pursue our risk management goals and objectives. These goals and objectives include.. 1. Avoiding exp05uie to accident31105s by not undertaking events, contracts, or activities where the potential105s is greater than the potential benefit to be derived from these undertakings. 2. Preventing Ioss by identifying potential loss exposures and implementing policies and procedures to reduce the risk of these losses occurring. 3. Controlling losses that do occur by.. a. Developing contingency plans for possible loss scenarios b. Proper documentation and investigation of losses 4. Raising the awareness of all Trustee board members, employees, and volunteers concerning risk management within CVM. These goals and objectives are.. a. A Risk Management Committee led by the Operations Director, whose responsibilities are to implement, monitor, evaluate and revise plans to achieve our goals and objectives. b. Financial risk management is monitored by the Executive staff ar)d any risks forthcoming are reported to the Chairman of The Trustees by the Executive Staff. c. Risk Management is a standing item for discussion at each weekly team meeting. 5. Cooperation is needed from all Trustees, employees and volunteers. Only by working ag a team with common goals ar)d objectives can we ensure the success of this risk management strategy and its part in working out our aims and vision. 6. CVM will continue to assess the risks due to the COVID pandemic in accordance with Government Guidelines and advice. Pagell of24
Trust5 The Trustees who have served during the year and up to the date of this report are as follows.. B Priestley E Dring l H Manifold D Thorpe CVM aim5 to have four to five trustees who together bring to the Board a selection of competencies such a5 Evangelism, Accountancy, Human Resource5 and Management. The Chairman is dected every year at the AGM, and trustees serve for a thretryear term, when they may be r*lected by other trustees. The Chairman, CEO and other trustees along with the President review possible future trustees and introduce them to the management and operation of CVM before inviting any to become trustees. Trustees, responsibilities The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the charitable company's Iinancial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustee5 are required to.. o select Suitable accounting policie5 and apply them consistently,. o make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy the financial position of the charity, and which enable them to ascertain the financial position of the charity and which enables them to ensure that the financial statements comply with the Companies Act 2006. 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. Trustees, statement of disclosure to Independent Examiners So far as the Trustees are aware, there is no relevant information of which the charity's examiners are unaware and they have taken all the necessary steps that they ought to have taken as trustees to make themselves aware of any relevant information and to establish that the charity's examiners are aware of that information. Page12of24
Independent Examiners A resolution proposing that Stopford Associates Ltd be r&appointed as Independent Examiners of the charity will be put to the Annual General Meeting. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. By order of the Board of Trustees Mr B TPriestley Trustee Dated..19105/2022 Page13of24
CHRISTIAN VISION FOR MEN INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CHRISTIAN VISION FOR MEN I'the Company'l I report to the charity trustee8 on my examination of the accounts of the Comp8ny for the year ended 31 October 2021. Re5pon5ibilitie5 and basis of report A5 the trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wth the requirements of the Ch8rilies and Trustee Investment Iscotlandl Act 20051.the 2005 Act'i, the Charities Ac¢ounts Iscotlandl Regulations 2006 las amendedl and the Companies A¢1 20061.the 2006 A¢t'l. You are satisfied that the a¢counts of the Cornpany are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts ol the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report In iespect of my examination of the Company s accounts carried out under section 44111 Icl of the 2005 Act and section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In trArrying out my examination I have followed the requirements of Regulation 1101 the Charities Accounts Iscotlandl Regulations 2006 las amended) and the Directions given by the Charity Commission under Section 14515llbl of the 2011 Act. Independent examiner's ststement Since the Company Is reguld by company law to prepa Its accounts on an accruals basis and Is registered as a ¢harity in S¢olland your exarniner must be a rnember of a body listed in Regulation 11121 of the Charities Accounts (Scotlandl Regulation5 2006 las atnendedl. I Can confimi that l am qualified to undertake the examination because l am a registered member of The Institute of Chartered Accountants in England & Wales which is one ol the listed bodies. I h8ve completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect". 1. accounting records were not kept as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations., or 2. the accounts do not aword with those records wth the accounting requirements of Regulation 8 of the Charities Accounts IS¢oll£ndl Regulations 2006-, or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a'true and fair view which is not a matter considered as part of an Independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Pra¢li¢e for accounting and reporting by charities applicable to ch£rrties preparing their accounts In accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢on¢ems and have come across no other matters in ¢onne¢lion wrth the examination lo which attention should be drawn in this report in ordei to enable a proper understanding of the accounts to be reached. Mr Phillip Nicho150n Dat8.. May23, 2022 Member of the In$tltute of Chartered A¢¢ountants In England & Wales, Stopford A$$o¢lates Ltd Chartered Accountants & Reglstered Audltors Synergy House 7 Acorn Business Park Comrnercial Gat8 Mansfield Nottinghamshlre NG18 1EX Page14of24
CHRISTIAN VISION FOR MEN STATEMENT OF FINANCIAL ACTIVITIES for the Includin INCOME AND EXPENDITURE Account ear ended 31 OCTOBER 2021 Notes Unrgstricted Rgstricted 2021 Total 2021 Total 2020 2021 INCOME AND ENDOWMENTS FROM: Donatlons and legacles 373,612 373,612 423,203 Income from charitable activities Group subscriptions Sales of products and publications Events Lanzarote timeshare Speaking incotne Other income 22,214 2.874 22,214 2,874 3.594 22,567 8,021 15,363 3,594 2.775 2.775 2,021 Investrnents IThte$t 1Ved 21 Total Income and endowments.. 401,478 3,594 405,071 471.196 EXPENDITURE ON.. Ralslny funds.. Cost of pioducts sold Salary and other costs 1.635 22,162 1.635 22.162 6,875 29,421 1&5 Charitable activities Conference. events & Lsnzarote Gathering event other charitable expenditure 12,533 12.533 23,930 331.405 2,643 37.601 338,456 23,930 1&6 331,405 Other Independent Exarninerfs fees 1&7 2,400 2,400 2,400 Totsl reSoue$ expended 2&3 370,135 23,930 394,065 417.395 Net incomellexpenditurel before transfers 31,343 120,3371 11,006 53.801 Transfers belween funds 20,337 20,337 Net In¢omellexpendlturel after transfers 11.006 11,006 53.801 Balances brought forward at 1 November 2020 154,0151 7,052 146,9631 11(K).7641 Balances carried forward at 31 October 2021 143,0091 7,052 135,9571 146.9631 The statement of financjal activities also complies wrth the requireTnents for an incotne and expenditure account under the Companie5 Act 2006. The notes on pages 9 to 15 form part of these financial stateTnents. Page150124
RISTIAN VISION FOR MEN STATEklENT CIAL OSITION a5 at 31 OCTOBER 2021 2021 2020 Flxed assets Intangible fixed a55e15 Tangible fixed a$5ets 7,052 2.393 7,052 3,626 urrent assets Stodt Debtors Bank and cash 10 11 11.765 93.013 38.870 143,848 9,645 81,783 107,542 rpilStors.' Arnount5 falling due within one year 12a 165183 Net current assetsllli8bi1its) 45.401 135,9571 57.e41 146,9631 Credltors.. Arnounis falllng due In M¢ye than ong yoar 12b Total a•ts1O$S ¢urr8nt liabllltS05 35.7 46,963 Charlty fun(ts UnrestriGted Restricted fund5 14 14 143.(M)91 7.052 154,0151 7,052 Total chaTIty funds 25,95 46.963 For the financial yearen¢Jed 31 October 2021 the companywas entiued to exemptKin frorn audil under section 477 of the Cornpanps Act 2006 relating lo small cornpanies. The diT8Ctors acknowjadge Iheir respDn$iblllt*$ lor conwtying Wlth the requiiernenls of the Cc¥npanies kt 2006 with respect to ac¢wunts"ng ¢0[d5 and the preparation of financial statements. The rnember3 have not requir&l the company to obtain an audit of its finanGial statements for the year in aetordance with section 476 01 the Companies AGt 20. These financial statements have bean prepared in accordance wth Ihe wovi$ion3 applirxbk to companie5 $utyert to Small companies. regime. The financial ststements were approved by the trustees vn.. 28th April 2022 MrB riesdey Trustee Regl$tered Company Number 2623498 Reglstered Charlty Number England & Wales Scotland 1071663 SC043446 The no on pages 9 10 15 form part of th858 finanaal statemants. Page16of24
CHRISTIAN VISION FOR MEN NOTES TO THE A¢¢OUNTS for the ear ended 31 OCTOBER 2021 1. Accountin olicies B88is of accounting Christian Vision for Men is a private company limited by guarantee incorporated in England and Wales. In the event of the charity being wound up. the liability in respect of the guarantee is lirnrted to £10 per member. The registered office is staVeY methodist Chur¢h, Chesterfield Road, Staveley, Derbyshire, S43 3XD. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance wth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ch8riliÈs preparing their accounts in accordan with the Financial Reporting Standard applicable In the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, the Companies Act 20C6 and UK Generally Accepted Ac¢ounling Practice. The financial statements are prepad on a going conrn basis under the historical cost convention. The financial statements are presented in sterfing which is the functional currency of the charity. The signifi¢anl accounting policies applied in the pparatIOn of these financial statements a sel out below. These policies have been COn5i5tently applied to all years piesented unless otherwise stated. b. Judgements and key sources of estlmatlon uncertalnty In the application of the company's accounting policies, the trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and asso¢iated assumptions are b35ed on historical experience and other factors that are considered to be relevant. Actual re5utts may differ from these estimates. The estimates and undedying assumptions are vieWed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estirnate is revised where the revision sffect5 only that period, or in the peri£ of the revision and future periods where the revision affects both current and future periods. ¢. Crltlcal Judgements The following judgements (apart from those invofving estimates) have had the most significant effect on amounts rewnised in the financial statements. Depreciation The directors review depreciation rates and useful lives of the tangib fixed assets on an annual basis to ensu the effects ol usage, wear and tear or technical obsolescence are ieflected in the carrying value of the asset. Impairment The direct015 review fixed as5et5 for indications of impairrnent in conjunction wth review of depreciation above. The cornpany ha5 policies in place to review assets on an ongoing b8SIS. d. Going concern These financial statements are prepared on the going conTrrn basis. The trustees have a reasonable expectation that the cornpany wll continue in operational existence for the foreseeable future. The trustees have considered the level of cash, current assets held and the expected level of income and expenditure for 12 months from authorising these financial 5tstement5 and reinforce decision making wth forecasting, making allowan for all available information. The trustees consider that the Charitys main activities a underpinned adequately by donations and income from Charitable actvilies. After careful consideration and evaluation of current management information and forecasts they continue to adopt the going concern basis of preparation. Page17of24
CHRISTIAN VISION FOR MEN NOTES TO THE ACCOUNTS CONTINUED for the ear ended 31 OCTOBER 2021 e. Fonanclal Instruments Debtoys and credltors recelvablelpayable wlthln one year Debtors and credit015 Wth no stated intere51 rate and receivable or payable wthin one year are recoided at transaction pri. Any losses arising from impairment 8re reCnIsed in the profit 8nd loss account in other administrative expenses. f. Income Donations and other forms of voluntsry incorne are recogni5ed within the Accounts when reived. Legaaes a accounted forwhen notified. Income tax recoverable on gifts received is recognised in the period when the gift is re1ve. Incotne reIVed in respect of The Gathering is defeiied and released at the titne of the event. Investment assets and the income arising Investment Income is treatsd as income when reived. Basls of allocatlon of expenses Expenses sre recognised when incurred and are apportioned where possib exactly to the category to which they relate. In circumstan5 where this 1$ not possible the trustees apportion the amounts in what they consider to be fair proportions to each category. generally based on time spent. Costs associated with voluntary income are apportioned by either 3 /0 or 5.10 and other charitable expenditu by 97°kn or 95Q/o. Fund raising These ¢o$ts a an allocation of expenses in¢urred. Intangible fixed assets The charitable Company's interest in a Timesha In Lanzarole has In excess 0150 years to run. The asset is recognised at cost, no amortisation 15 provided. Tangible fix8d asset5 Fixed assets are recogni5ed at C05t. Depreciation is charged on cornputers and Offi equipment 8t a rate of 33Q/ts per annum. Depreciation is Charged on motor vehicles at a rate of 33°A per annum. Funds ac¢ountlng Funds held by the charity are.. lal Unrestricted general funds- these funds can be used in accordance with the charitable objects at the discretion of the trustees. Ibl Reslricled funds- these are funds that can only be used for a particular restricted purpose wthin the objects of the charitable company. Restrictions arise when specified by the donor when funds are raised for particulai purposes. Stock Stock Is staled at lower of Cost and net realisable value. Penslon Costs The charitable company operates a defined contribution pension scheme. Contributions psyable to this Scheme are charged to the profrt and loss a¢¢ount in the period to which they relate. These contributions are invested separately from the company's assets. Page18of24
CHRISTIAN VISION FOR MEN NOTES TO THE ACCOUNTS CONTINUED for the ear ended 31 OCTOBER 2021 Hire purchase agreements Assets held under hire purchase ageMentS are Capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future psyments 15 treated as a liability and the interest is charged to the profit and loss account on a straight line basis. 2021 2020 In¢ome and ex endlture account Is arrived at after chargingllcredrtingl Remuner8tion of trustees Travelling expenses reimbursed to tru$lee$ HI purchase interest Independent examiner's fee Fees for accounting sewi$ Indepèndent auditor's fee 2,400 19,800 2.400 18,000 3a. Staff costs Wsges and salaries Social security costs Pension costs Other costs 182,609 7,990 4,726 169.860 16.088 5.491 195,326 191.439 Average number of staff for the year Average number of staff- based on equivalent full time Ministry Support staff No individual employee had emoluments above £60,000 during the year. 3b. Trustee5' and key management personnel remuneration and expenses The tru5tee5 received no remuneration or reimbur5ernent of expenses during the year. The total amount of employee benefits received by key management personnel during the year was £79.78112020 £79.3731. The Tru$l ¢onsiders its key management personnel compromi$e.' Executive D1ctor Ministry Operations Director Rev N Blackaby Mi S Martin 4. Taxation The charitable company 1$ exempt from payment of ¢orporalion and in¢ome tsx as it 1$ a registered charity. Page19of24
CHRISTIAN VISION FOR MEN NOTES TO THE A¢¢OUNTS ¢ONTINUED for the ear ended 31 OCTOBER 2021 Unrestrl¢ted Funds Restrlcted Funds 2021 Totsl 2020 Total 6. Costs of raisin fund8 Fund raising costs CAFlJust Giving Salaries snd other employment C05ts15QAI Travel costs15.kl offi ¢osls15°kn1 Exhibition5 and other publiaty Website and other means of communic3tion13%1 2.309 9,766 817 4.249 4,933 86 2,309 9,766 817 4,249 4,933 86 2.115 9.572 1,019 3.768 12.823 123 22,162 22,162 29,421 Unre$tri¢ted Funds Restricted Funds 2021 Total 2020 Total 6. Charitable activitie8 Salaries and other employment ¢osls195°1o1 Consultancy fee511000AI Travel costs195O/ol offi ¢osls195°1o1 Website and other rneans of communicstion1970AI 185.559 46,788 15,532 80.737 2,789 185,559 46,788 15,532 80,737 2,789 181.867 61.648 19,368 71.600 3.973 331,405 331,405 338.456 Unrgstricted Restricted 2021 2020 7 Anal 1$ of re$ouree$ ex Governance costs ended Funds Funds Totsl Total Independent auditor's fee Independent examine¢s fee 2.400 2,400 2.400 2,400 2,400 2.400 2021 2020 8. In Interest in fimeshare 7,052 7.052 The charitable company has acquired an interest in a Timesha in Lanzarote for use in connection wrth Its d)aritable objectives. Page 20of 24
CHRISTIAN VISION FOR MEN NOTES TO THE A¢¢OUNTS ¢ONTINUED for the ear ended 31 OCTOBER 2021 9.Ta ible fixed assets Cost Motor Vehicl8S Flxtures & Fittings Offl¢e Equip. Totsl At 1 November 2020 Additions 5.300 6,448 58,414 658 70.162 658 Eliminated on disposal At 31 O¢tober 2021 5,300 6,448 59,072 70.820 reciation At 1 November 2020 Charge for the year 5.300 55,372 1,622 66.536 1.891 269 Eliminated on disposal At 31 O¢tober 2021 5,300 6,133 56,994 68.427 At 31 October 2021 315 2,078 2.393 At 31 O¢tober 2020 3,042 3,626 There were no outstanding capitsl commitments at 31 October 2021. 2021 2020 10. Stock Books, resources, learning materia 11,765 9.645 2021 2020 11. Debtors Income tax coVerable Gift Aid Prepayments and accrued income 4,582 88,432 5,497 76,286 93,013 81,783 2021 2020 12a. C Loans Othei creditors Taxation and $o¢ial security Trade tdItOrS Accruals and deferred income 5,000 3,457 4,129 47,417 129,046 5.000 4.363 4,120 32.818 118.881 189,049 165.183 Page21 of24
CHRISTIAN VISION FOR MEN NOTES TO THE A¢¢OUNTS ¢ONTINUED for the ear ended 31 OCTOBER 2021 2021 2020 12b. Creditors.. Amounts fallin due in more than one ar Loan$ 13. Com an status The company 1$ limited by guarantee. The company 1$ also a registered charity. 14. Anal Is of charl funds 2020 Income Expenditure Transfeys 2021 Unrestricted fund5 General fund 54.0151 401,478 1370,135 120,337 43.0091 Restricted funds Lanzarote Tirne5hare Events Autumn Conference & Online Gathering 7,052 7,052 3.594 123,9301 20,337 7.052 3,594 23,930 20,337 7.052 46,963 405,071 394,065 35,957 The Lanzarole Timeshare Fund arises from 8 specific gift m8de to enable the ch8ritable cornpany to purchase an interest in a Timeshare. which is used to take men's groups for fellowship and teaching. The purpose ol transfers from UnstrICted general funds to restricted funds are to cover deficits incurred on events during the year. 15. Analysls of Net Llabllltles between Funds Intan, Fixed Tanylble Fixed Assets Assets credltor Net CurTht due after 1 Assetsl Llab, year Totsl £ Restricted Funds Unrestricted Funds 7,052 7,052 143.0091 2.393 145,4011 Total funds at 31 October 2021 7,052 2,393 45,401 35,957 16. Cash and cash equivalents 2021 2020 Cash and cash equivalents comprise the following. Cash 8t bank and in hand 38,870 16.114 17. Pen$lon$ and other post-retlrement benefits The charity operstes s defined contribution pension plan for its employe88. The amount recognis8d as an 8xp8ns8 in the period was £7,99012020 £16,088). Where r8quired pension Costs are allocated on th8 same basis as staff cost5 for th8 purpose of allocation between restricted and unre$trided funds. Page 22 of 24
CHRISTIAN VISION FOR MEN NOTES TO THE A¢¢OUNTS ¢ONTINUED for the ear ended 31 OCTOBER 2021 18. Deferred Income Deferred Income presents visitor tickets and exhibitor bookings in respect ol The Autumn Conference and The Gathering events. The The Gathering Wildern85S At 1 November 2020 Additions during the year Released to income 97,192 10,165 15,989 At 31 October 2021 107,357 15.989 19. Operdting lea58 commitment5 At the reporting end date the ¢ompany had outstsnding Commitments for tre minimum lease payments under nOn-¢anlIable operating leases. as follows. 2021 2020 Not later than one year Later than one and not later than five years 8,307 2,534 23,298 7.841 The charitable company Is controlled by the trustees who are also the members and guarantors, the extent of each member's guarantee being £10. During the year the charitable Company moved Into offi$ which are sUbt from The Edge Ministries, a gistered charity number 225463, in which operations director Mr Steve Martin 15 a trustee. Mr Carl Beech Is Chief Executive OffIr of The Edge Ministiies and Rev N Bla¢kaby 1$ on the advisory panel of The Edge Ministries. Rent charged during the year was £600. other expenses charged amounted to £2,210. All transa¢lions We made on commercial tem)s. £3,000 remained owng to The Edge Ministries at the balance Sheet date. Page 23 of 24
CVM CHRISTIAN VISION FOR MEN Chesterfield Road Staveley S43 3XD cvm.org.uk