## **Trustees’ Annual Report for the period** ## **From 01/01/2023 Period start date To 31/12/2023 Period end date** **Charity name: Armenian Ministries** ## **Charity registration number: 1082371** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The trustees shall hold the trust fund and its
income upon trust to apply them for the
following projects:
1. To relieve poverty and to advance
education by support and training to
persons in need – in Armenia and
elsewhere.
2. To advance the Christian religion
generally, and by offering training for
ministers and publishing Christian
literature in Armenia.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|1. Poverty relief – humanitarian aid is
given to destitute families and
individuals, in the form of clothes,
shoes, bedding, etc., sent out in
containers from the UK. Winter fuel
and food are bought locally and
distributed to those considered most
in need. Financial help is also given
to poor families or individuals either
on a regular basis or for one-off
emergencies e.g. medical.
2. Christian education and training.
Summer camps are run throughout
the summer and weekly clubs are
held for children and young people to
teach them and enable them to take
part in crafts and sports. Bible
teaching seminars are held for the
general public as well as ladies’
meetings. Christian literature is
translated, published and distributed
free of charge.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm that they have had
regard to the guidance issued by the Charity
Commission on public benefit.| 1 **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The charity uses a small proportion of the
financial donations it receives to provide
direct monetary assistance to help those
individuals in Armenia living in extreme
need. Primarily, this is to help with medical
costs, house rents and utility bills. The
majority of the remaining total funds
allocated to the provision of help are used to
purchase items such as food, personal
hygiene supplies, and fuel for heating. The
charity does not provide grants to other
organisations.| |Policy on social investment
including program related
investment|Para 1.38|Not applicable| |Contribution made by
volunteers|Para 1.38|All activities carried out in the UK relating to
sending aid containers from the UK to
Armenia are done by volunteers in the UK.
These include checking, sorting, itemising
and packing donated goods. During 2023,
four 40-foot containers of humanitarian aid,
with an estimated value of £368,000, were
donated and sent to Armenia from the UK.| |Other||| 2 ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Poverty relief in the country of Armenia:
a) The provision of food parcels (bought
in Armenia) to destitute families with
young children, elderly or disabled
people, with little or no income, and
refugees from Nagorno-Karabakh.
The food parcels are provided on a
regular or on a one-off basis
depending on need. On average,
approximately 120 families per
month were helped during the
current year until September. This
figure increased dramatically to
around 500 parcels per month during
the last three months of the year,
following the invasion and resulting
plight of the refugees from Nagorno-
Karabakh.
b) The provision of medical assistance
including paying for a number of
minor operations for individuals. This
has included assistance to provide
cancer treatment and life-changing
operations (e.g. hip). The charity also
supplied medicines on a regular and
one-off basis.
c) Provision of winter fuel, including
wood and contribution to electric
bills, to some families. In total,
approximately 50 families were
helped in this way during the winter
period.
d) Contributions towards house rent for
a number of families and individuals
living in desperate conditions,
particularly to refugee families.
e) Four 40-foot container loads of
humanitarian aid have been sent
from the UK and distributed in
Armenia – including new and
second-hand clothes, bedding,
shoes, toiletries, toys, mobility
equipment and furniture. The two
containers sent towards the end of
the year were largely in response to
the plight of the refugees from
Nagorno-Karabakh.
f) School bags (with contents) were
provided to underprivileged children
in two villages in Armenia.
Christian training and work among children
and young people in Armenia:
a) Over 400 children attended summer
camps provided by the charity in| 3 Armenia, held at the charity’s camp facility outside of Yerevan. The children attend the camps free of charge, many of them coming from poor or destitute families. b) The charity continued to produce, print and distribute free of charge Christian books and booklets. Secondly, the charity purchased 5,000 Armenian Bibles and 1,000 Armenian New Testaments for free distribution in Armenia. Thirdly, Armenian ‘Words of Life’ calendars, provided by Trinitarian Bible Society were also distributed. |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|The charity’s objectives are to provide relief,
medical help and other life preserving
necessities to as many people as possible
within its sphere of operations and its
financial mean, after the provision of
reserves (see section on reserves). The
trustees are satisfied that the charity has
successfully achieved these objectives over
the last twelve months.| |Performance of fundraising
activities against objectives
set|Para 1.41|Not applicable as the charity does not carry
out fundraising activities.| |Investment performance
against objectives|Para 1.41|Not applicable| |Other||| 4 ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The latest financial statements of the charity
are to the 31stDecember 2023. The charity
continues to demonstrate financial
resilience, and its income has grown for the
sixth year running, which by the end of 2023,
was £307k, an increase of 14% compared to
the previous year. The net assets of the
charity at the end of the year also reflected
the increase in income with a rise to £614k,
with cash at bank of £339k. The financial
strength of the charity has meant that it has
not only been able to maintain, but continue
the trend of the last few years, of increasing,
the level of support to Armenia even with
rising costs and the ongoing unfavourable
exchange rate of Pound sterling to the
Armenian Dram.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees endeavour to ensure that the
charity has a cash reserve to cover general
running costs and provide financial support,
to those it has committed to help, for a
number of months. A variety of trigger levels
are employed to indicate when the charity’s
finances are approaching the reserve level.
In addition, the charity keeps in reserve an
amount of money to act as a deposit to
purchase warehouse in the UK to process
and store humanitarian aid goods. During
the current year, the trustee looked at
potential properties but nothing suitable was
found.
Given the turbulent world we live in, our
reserves provide the ability to react quickly
with the provision of our services where it is
needed most in ever changing operating
conditions. Given that the current unrest in
Armenia could trigger an increased aid
requirement, the trustees regard it as
important to hold modest levels of reserves
to preserve our responsiveness.| |Amount of reserves held|Para 1.22|£200,000| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|The charity is not in deficit| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None identified| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal||The charity’s funding continues to come
mainly through donations from individual
supporters or churches. No public| |---|---|---| 5 |sources of funds (including
any fundraising)|Para 1.47|fundraising activities or events are
conducted, rather reports are made to
supporters via the charity’s quarterly
newsletter and talks to church groups.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Not applicable| |A description of the principal
risks facing the charity|Para 1.46|The charity maintains a Risk Management
Policy and a Risk Register which is reviewed
annually. In addition, regular health and
safety assessments are conducted of the
charity’s activities and reviewed by the
trustees. No significant or notable risks have
been identified by the trustees.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust Deed| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Trust governed by Trust Deed| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Every trustee is appointed by resolution of
the trustees| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|Working proportionately, the charity does not
have a specific policy for the selection and
induction of trustees. The absence of a
policy does not mean there is not due
process. In practice, when a trustee position
comes up, trustees have historically been
selected from those who have volunteered
for the charity in the past or are well known
to the trustees. As such, previous incoming
trustees have not required detailed
induction. The trustees continue to review
this process and will implement a policy if
the current process becomes insufficient.| |The charity’s organisational
structure and any wider
network with which the|Para 1.51|Not applicable. The charity has a flat
organisational structure of trustees. There
are no sub committees or hierarchy. All
decisions are made by the trustees.| 6 |charity works||| |---|---|---| |Relationship with any related
parties|Para 1.51|The charity conducts a number of its
activities through its partner in Armenia,
Shoghik Non-Governmental Organisation.
This relationship enables the charity to
achieve some of its objectives in Armenia
which it would not otherwise be able to do.
To ensure accountability to the charity, a
number of the charity’s trustees maintain
regular direct involvement in the day to day
activities of Shoghik NGO and one of the
charity’s trustees is on its trust board.
The primary areas in which this relationship
is necessary are:
•
Shoghik NGO is the official recipient
of containers of aid that are sent from
the UK to Armenia, and is
accountable to the Armenian
authorities for the distribution of the
goods.
•
Children’s camps are administered
and coordinated by Shoghik NGO.
•
The local workers in Armenia who
carry out the tasks on behalf of the
charity, are employees of Shoghik
and support to them is channelled
through Shoghik NGO.| |Other||| ## **Reference and Administrative details** |Charity name|Armenian Ministries| |---|---| |Other name the charity uses|| |Registered charity number|1082371| |Charity’s principal address|78 Sherwood Drive
Spalding
Lincolnshire
PE11 1QP| ## **Names of the charity trustees who manage the charity** |




|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Mr R Chamberlain|Chairman||Trustee resolution| ||Mr R Lankey|||Trustee resolution| ||Dr M Harrison|Treasurer||| ||Dr P Harrison|Secretary||Trustee resolution| ||Mrs S Pambakian|||Trustee resolution| |||||| 7 – Corporate trustees names of the directors at the date the report was approved **Director name** Not applicable Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |Dr M Harrison||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Not applicable 8 **Other optional information** Not applicable ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Perouz Harrison|| ||

Secretary|| ||16/10/2024|| ||16/10/2024|| 9 ## CHAIRMAN’S STATEMENT The financial statements for Armenian Ministries to 31[st] December 2023 demonstrate another year where the charity has increased its support to those in need in Armenia. We are delighted to report that gifts and donations increased by 14% and we would like to thank all our supporters who continue to enable the work to continue. Such giving enabled us to increase direct aid to Armenia by 37%. Our container shipping costs show a substantial increase in the accounts simply because we sent more containers, which in turn enabled us to provide considerably more relief in the form of clothing and other aid goods. Consequently, the excess of receipts over payments decreased by 47% to £17,751. The finances of the charity continue to be monitored and managed by the Trustees continuously with diligence and in accordance with the requirements of the Charity Commission. The assets of the charity grew by 3%, the majority of which represents cash balances. It is important to understand why it is prudent for us to demonstrate robust resilience with the charity’s cash balances. We live in an uncertain world where economic or political events can have catastrophic consequences in a country such as Armenia. As a result, we need to be able to react, sometimes quickly, to provide substantial quantities of aid and be able to react to more regular variables such as exchange rate changes. ## **Robert Chamberlain** Chairman ARMENIAN MINISTRIES FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 I have prepared the enclosed financial statements in accordance with the Historic Cost Convention from the books and records produced to me, together with information and explanats'ons received. I certify the the results shown are in acxordance therewith. John L Hayes A.C.E.A. . The Almonds" 89 Upwood Road Bury Cambs PE26 2PE ARMENIAN MINISTRIES BALANCE SHEET AS AT 310ECEMBER 2023 2023 2022 FIXED ASSETS As per schedul• 274.425.N) 287.205.00 CURRENT ASSETS Cash at Bank 339.732.84 329.201.84 £614 157.84 £596 4C6.64 REPRESENTEO BY:. APPEAL FUND B•lan￿ bfoughl lorward s93.4(￿.61 558.778.03 Exet$s ol Rocoipts over Paymenll 17,751.20 37.628.61 È614 157.84 £596.406 64 Pagg 1 ARMENIAN MINisfRIES FIXED ASSETS AS AT 31 DECEMBETI 2023 o￿nIn¥ WDV 2r￿￿.00 5(h￿.00 0.￿1 14745.fy) 45W. 2720.(M) 1410.Crt) 89).(K) 1860.00 s6O.￿j 290. 220.(K) 270. 230.00 210.00 340.fy) 135. 130.00 aoslng wov 200000.¢￿1 50000.00 11S(M).00 3600.IXI 2200.00 1130.C 7(KJ.00 1SCQ.00 450.00 230.00 I80.￿) Added Depre¢latli Yerevan headouarter5 Property . Campsil• Hyundai Tucson Ford minibu5 Toyota Hllux pickup Meicedes bus Mercedes minibus Kia Car Bed Electr1¢ wood ¢utteT Lapiop tablets Box Trailer Wood meeting chair Laptop compuier Office Equipment siackable chairs Mixed Tables Computer Equipment Washin8 machine Cooker Dishwasher Warehouse Equlpment Desk Bouncy casile Desktop computer Uprigh¢ chair Air Conditionin8 System Easy Chair Computer prlntef Low cupboard Swimmin8 pool Sound system Wheeled tfolleys Mobile heater Computer screen Proiertor Frid8e Freezer Child chair Manual wood cutter 3245.00 520.00 280. 19).00 iio.00 60. 40.th) 745.56 1475.$61 45.00 40.00 70. 25.fy) 25.00 IBO.00 20. 20.CK) 20.C 185.00 170.00 270.00 IiO.ChJ 105.00 720.00 iio.00 iio. 100. I￿.00 80.00 l(M).00 90.00 90.(M) 20.Cw) 85.CQ 80.00 15. io. io. io.fy) 10.00 iO.CM) 10.00 10.00 50. io. 45.00 45.00 70. 8S.(10 80.(X) 70. 70.Th) 70.fy) 70.￿) 55.(M) ss.cyj so. 50.LKI 45.(Kl 45. 45. 65.00 60.00 60.00 45.00 45.00 40. 3S.00 Cairled lorw•rd 26622S.IY) 14745.1 745.56 6274.44 273950. Pa8• 2 ARMENIAN MINISTrIES FIXED ASSETS AS AT 31 DECEMBER 2023 Brought forward Settee Medium table Filing cabinet Blue meetin8 chalr Office chair Ladder Lar8e table Small table low iable Car Trailer Food processor Tall cupboafd Fan Petrol sirimmer Stool Ismalll Water cooler Chain saw 266225.CMJ 14745.(K) 45.00 745.56 6274.44 io.¢ 40.C(I io. 40.00 273950.fy) 3S.00 40.00 40.IM) 30.00 40. 35.fy) 35.(K) 35.00 3S.00 30.(M) 30.00 35. 35.C(I so.00 35.(Xl 35. 30.IN) 25.(Ll 25.Th) 25.IXJ 25.00 35. 30.00 20.C 25.00 20.00 20.00 Itll Bedslde cupboard Projector Sideboard Tablet Wheelbarrow Set of speakers Air compressor Piano Video Recorder 20.00 200.00 25.fy) 15.th) 15. io. 20.LKJ so.00 25.00 15. o.fy) io. 150. Is.i)o io. 10.00 Book binder Corner chair set Wardfobe Lectern Food wei8hin8 scales Battery char8er Laser printer 45.LXI 267205.W 14745.(M) 10.00 745.56 6779.44 35.00 274425.00 Page 3 ARMENIAN MINISTRIE8 APPEAL FUND FOR THE YEAR ENDED 31 DECEMBER 2023 202J 2D22 RECEIPTS Gift arKI OonaliMs Prinling Books Recyding Bank Interesl 343.8[￿.14 5,229. 181.22 4,566.94 301,894.97 4,419.00 224.94 651.34 353,583.30 307 IW 25 PAYMENTS Support 9.835.$0 236,000.CM) 3,340. 34 1M)4.41 5,536.43 172,¢)￿. 28,750.00 23,496.67 Armenla Bibles Miswn8ry Seryice Fe8S 283.179.51 229.783.10 Trnv•l to Arm•n Fud and Motor Expenses Hotels Tickets 1.078.88 98.05 3.579.81 1,547.40 419.BB 674563 4,754.74 8.713.01 Cont•ln•r Exp•n• Adminislrati Renl and Slof Shipping Houskgepirvj Tfansport 504.28 9.146.15 21.7(Xl. 52.23 2.615 68 159.97 8,404.00 9,4CQ.C(J 28.99 ?.?59 33 1 103.88 35.S20.88 21.355.97 M•lnt•n•n¢• I1￿.(KI 181.28 PR N•￿Ie118[ Phone.inlemo1.•tc Poitsge 1.199.68 394.21 I.1￿.(￿j 385.40 128535 2 770.75 Carned Forward 328.6(K) 46 262,804.11 Pag• 4 ARMENIAN MINISTRIES ARMENIAN MINISTRIEI APPEAL FUND FOR THE YEAR EMOED 31 DECEMBER 2023 Broughl Forward 326,8LX) 48 262.804.11 Adrnlnl*hllon Accounlanl Office 325.00 7￿.39 739.07 1,115.39 1.039.07 Oth•r Co•ts Bank Charges Insurance 821.65 S15.16 1,012.79 475.79 1.336.81 1.488.58 O•pr•clallon 6.779.44 4,229.88 335.832.10 269,561.64 Exc•M of R•¢•lpts over Paym•nts 17751.20 37628 61 Page 5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustee81 members of On accounts for the year ended Charity no (if any) Set out on pages I report to the trustees on my examination of the accounts of the above charity {"the Trusl") for the year ended Responslbllltles and As the ¢harity trustees of the Trust. you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Acl 2011 rthe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charty Commission under section 14515)(bl of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection wlh the examination which gives me cause to believe Ihal in. any material respect.. accounting records were not kept in accordance with section 130 of the Acl or the accounts do not accofd with the accounting records Independent examinerfs statement I have no concerns and have come across no other matters in connection wrth the examination to which attention should be drawn in or(ler to enable proper understanding of the accounts to be reached. ' Please delete the words in the brnckets rfthey (k) nol apply. Slgned: Date: Name: Relevant professlonal quallflcatlonl$) or body (If anyl: Address." f 4 IER October 2018 ectioii B Disclusiire Onty complete rf the examiner needs to hlghllght matters of concern18•e CC32, Independent •xarnlnatlon of charlty Bccounls." dlrecllon8 and guklance for examlnef5). Glve hera brlèf detalls of any Items that lh• examlner wlshes to dlsclos•. IER October 2018