## **Diakonia Mission**
**Trustees' report and financial statements**
**for the year ended 31 December 2024**
**Charity Registration Number:**
**1073336**
## **Diakonia Mission**
## **Index to the Financial Statements for the year ended 31 December 2024**
||**Page**|
|---|---|
|**Legal and administrative information**|**1**|
|**Trustees' report**|**2**|
|**Statement of financial activities**|**3**|
|**Statement of financial position**|**4**|
|**Notes to the financial statements**|**5 - 6**|
**Diakonia Mission**
## **Legal and administrative information**
## **Charity number Registered office**
## **Trustees**
1073336
68 Marsh House Road Sheffield S11 9SQ Mr G Vedder Mr G K Mallon Mr J M Saunders
**Page 1**
**Diakonia Mission**
## **Report of the Trustees for the Year ended 31 December 2024**
The trustees present their report and the financial statements for the year ended 31 December 2023. The trustees at the date of this report are set out on page 1.
## **Structure, governance and management**
The trust is governed by trustees in accordance with a Declaration of Trust dated 7 July 1998.
## **Objectives and activities**
The objectives of the Trust are set out in detail in the Declaration, but summarised as the advancement of the Christian faith, the advancement of education, the relief of poverty, sickness or hardship, and other charitable purposes for the benefit of the community in the UK and elsewhere throughout the world.
## **Financial review**
The trustees are satisfied that that the trust has sufficient unrestricted reserves to continue to fulfil its objectives.
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fiar view of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities Statement of Recommended Practice ('SORP')
- make judgements and estimates that are reasonable and prudent
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume 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 enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for sageguarding the assets of the charity and hence for taking reasonable steps for the prevention ad detection of fraud and other irregularities.
On behalf of the board
**Mr G Vedder Date:**
**Trustee**
**Page 2**
## **Diakonia Mission**
## **Statement of Financial Activities**
## **for the Year ended 31 December 2024**
|**Note**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
**2**
**Total income**
**Resources expended**
Pastoral support
Donations
Administration
**Total resources expended**
**Net income / (expense) for the year**
Total funds brought forward
**Total funds carried forward**|Unrestricted
**Total**
funds
**funds**
£
**£**
35,620
**35,620**
35,620
**35,620**
6,500
**6,500**
32,000
**32,000**
40
**40**
.
38,540
**38,540**
(2,920)
**(2,920)**
4,552
**4,552**
1,632
**1,632**
**2024**|2023
Total
funds
£
29,822|
|---|---|---|
|||29,822|
|||4,475
22,000
159|
|||26,634|
||||
|||3,188|
|||1,364|
|||4,552|
All of the above amounts relate to continuing activities.
**The notes on pages 5 to 6 form an integral part of these financial statements**
**Page 3**
## **Diakonia Mission**
## **Statement of Financial Position**
## **as at 31 December 2024**
|**Note**
**Fixed assets**
Tangible assets
**Current assets**
Debtors
Cash at bank and in hand
**Creditors**
Amounts falling due within one year
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Funds of the charity**
Unrestricted income funds
**Total unrestricted funds**
**Total charity funds**|**£**
**£**
**-**
**-**
**1,632**
**1,632**
**-**
**1,632**
**1,632**
**1,632**
**1,632**
**1,632**
**1,632**
**31 December 2024**|£
£
-
-
4,552
4,552
-
4,552
4,552
4,552
4,552
4,552
4,552
31 December 2023|£
£
-
-
4,552
4,552
-
4,552
4,552
4,552
4,552
4,552
4,552
31 December 2023|
|---|---|---|---|
||||4,552|
||||4,552|
||||4,552|
||||4,552|
||||4,552|
These financial statements were approved by the trustees and signed on their behalf by:
**Mr G Vedder Trustee**
**Date:**
**The notes on pages 5 to 6 form an integral part of these financial statements**
**Page 4**
**Diakonia Mission**
## **Notes to the Financial Statements**
## **for the year ended 31 December 2024**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
## **1.1 Statement of Compliance**
The financial statements have been prepared in compliance with FRS102, "The Financial Reporting Standard applicable in the UK and the Republic of Ireland", Charities SORP (FRS102) and the Charities Act 2011. The entity transitioned from previous UK GAAP to FRS102 as at 1 April 2015. No transitional adjustments were required in the retained funds or income and expenditure for that year.
## **1.2 Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
## **1.3 Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
**Page 5**
## **Diakonia Mission**
## **Notes to the Financial Statements for the Year ended 31 December 2024**
## **2. Voluntary income**
|**Donations**|Unrestricted
**Total**
Unrestricted
Total
Funds
**Funds**
Funds
Funds
**2024**
2023
£
£
£
£
35,620
**35,620**
29,822
29,822|
|---|---|
||35,620
**35,620**
29,822
29,822|
## **3. Employees**
No salaries or wages have been paid to employees during the year.
## **Number of employees**
The average numbers of employees during the year, calculated on the basis of full time equivalents, was as follows:
|**2024**|2023|
|---|---|
|**Number**|Number|
|**-**|-|
**Page 6**