## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** # **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2021** **Charity Number: 1080354** ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2021** |Contents|| |---|---| ||PAGES| |Report of the Trustees|1-2| |Independent examiner’s report to the Trustees|3| |Statement of Financial Activities|4| |Balance sheet|5| |Notes to the financial statements|6-7| 1 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **TRUSTEES’ ANNUAL REPORT** The Trustees are pleased to present their annual report for the year ended 31[st] March 2021 together with the financial statements for that period. ## **REFERENCE AND ADMINISTRATION DETAILS** ## **Working name** Place of Refuge Ministries International ## **Charity’s principal address:** PO Box 1050 Croydon Surrey CR9 8BU ## **Trustees** Winston Carter Rosetta Carter Abi Bal ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Place of Refuge Ministries governing document is the Declaration of Trust dated 30th June 1999. The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. ## **OBJECTIVES AND ACTIVITIES** The objective of the charity is to advance the Christian faith (in accordance with the statement of beliefs) in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit; to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support and to advance education in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit. The trustees have had regard to the guidance issued by the Charity Commission on public benefit. 2 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **TRUSTEES’ ANNUAL REPORT - continued** ## **ACHIEVEMENTS AND PERFORMANCE** ## **Orphanage Support (India)** We continue to work together with Jabula Europe & Asia, providing regular financial support to an orphanage in India. Also provided additional financial help for medical treatment as they occur. ## **Russell Trust – Croydon Foodbank** We continue to work in partnership with another local church to run the Croydon Foodbank. We supply volunteers for food collection at Tesco and ASDA when required, also to help with the distribution of food to members of the public. ## **Bereavement Counselling** Provide bereavement counselling to the local community as required using qualified bereavement counsellors. This service has been in great demand and has been extremely helpful during the pandemic. ## **FINANCIAL REVIEW** For the year ended 31[st] March 2021 the trustees consider the financial position of the charity to be strong and in line with expectations. The reserves at the end of the year were £173,316 (2020 £165,080). Reserves are held in order to fulfil the charities aims and objectives in the future. ## **DECLARATION** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: ## _**Winston Carter**_ ____________________________________ Winston Carter - Trustee ## Date: 13[th] September 2021 3 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PLACE OF REFUGE MINISTRIES INTERNATIONAL** I report on the accounts of the charity (charity number 1080354) for the year ended 31[st] March 2021 which are set out on pages 4 to 7. ## **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 THE INDEPENDENT EXAMINER’S STATEMENT** 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 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, to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## _**Roger Storey**_ Roger P B Storey FCMA 26 Cherry Orchard Road, Bromley, Kent, BR2 8NE ## Date: 13[th] September 2021 4 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31[st] MARCH 2021** |Notes
**Income from:**
Tithes and offerings
Income tax recoverable
Interest Received
Other
**Expenditure on:**
Charitable activities
2
**Net income and net movement in**
**funds**
Total funds brought forward
Total funds carried forward|Notes|Unrestricted
Funds
Restricted
Funds
£
£
19,505
0
7,697
0
15
0
914|2021
Total
Funds
£
19,505
7,697
15
914|2020
Total
Funds
£
46,490
8,307
62| |---|---|---|---|---| |||28,131
0|**28,131**|**54,859**| |||19,895
0|19,895|35,525| |||19,895
0|19,895|35,525| |||8,236
0|**8,236**|**19,334**| |||165,080
0|165,080
**173,316**|145,746
**165,080**| |||**173,316**
**0**||| The notes to the accounts form part of these financial statements The charity has no recognised gains or losses other than the results for the year as set out above. All activities of the charity are classed as continuing. 5 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **BALANCE SHEET AT 31[st] MARCH 2021** |**Current assets**
Cash at bank
Loan
**Total Current assets**
**Current liabilities**
PAYE due
**Total Current liabilities**|2021
£
173,148
300
173,448
132
132|2021
£
173,148
300
173,448
132
132|2020
£
165,080
0
165,080
0
0|2020
£
165,080
0
165,080
0
0| |---|---|---|---|---| |||||| |||||165,080| |||||0| |||||0| |||||| |**Net current assets**||**173,316**||**165,080**| |**Funds**
Unrestricted funds
Restricted funds||173,316
0
**173,316**||165,080
0
**165,080**| Approved by the trustees on 13[th] September 2021 ## _**Winston Carter**_ Mr Winston Carter - Trustee 6 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[st] MARCH 2021 ## **1 Accounting Policies** ## 1.1 Basis of Preparation of Financial Statements The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of "Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 (FRS 102) applicable in the UK (effective from 1 January 2015)" – the Charities SORP (FRS 102), as amended by Update Bulletin 1. Place of Refuge Church meets the definition of a public benefit entity under FRS 102. It is exempt, by virtue of its size, to include a statement of cash flows in these financial statements. ## 1.2 Income recognition All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. ## 1.3 Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. ## 1.4 Unrestricted funds Unrestricted funds can be used in accordance with the charitable objects at the discretion of the Trustees; restricted funds are subject to restrictions imposed by the donor. 7 ## **PLACE OF REFUGE MINISTRIES INTERNATIONAL** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[st] MARCH 2021** 2 **Expenditure on charitable activities** |Staff salary
Rent and hire of church premises
Insurance
Gifts and donations- RNLM
Telephone
Travel costs
Printing, post, stationery, computer expenses
Accountancy fees
Other Charitable expenses|2021
2020
£
£
12,616
13,035
300
6,475
96
375
3,395
10,346
415
605
225
2,278
232
42
600
600
2,016
1,769| |---|---| ||19,895
35,525|