## **ANNUAL REPORT AND FINANCIAL STATEMENTS** # **FOR THE YEAR ENDED 31 MAY 2023** ## **HARVEST EVANGELISM UK** **(COMPANY LIMITED BY GUARANTEE) CHARITY REGISTRATION NUMBER 1087761 COMPANY REGISTRATION NUMBER 04213957** Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF ## **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023** **----- Start of picture text -----**
Page
Legal and Administrative Information 3
Directors' Report 4 to 5
Independent Examiner's Report on the Accounts 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 14
**----- End of picture text -----**
## **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER** 1087761 ## **COMPANY REGISTRATION NUMBER** 04213957 **DATE OF INCORPORATION** 10th May 2001 **START OF FINANCIAL YEAR** 01 June 2022 **END OF FINANCIAL YEAR** 31 May 2023 **DIRECTORS AT 31 MAY 2023** Ken Gott Timothy Dunnett Ian Johnson The Directors are appointed in accordance with the provisions laid out in the Charity's governing instrument. ## **GOVERNING INSTRUMENT** Memorandum and Articles of Association incorporated on 10th May 2001. ## **OBJECTS** The advancement of the Christian faith in the United Kingdom or elsewhere in the World as the Directors of the charity may from time to time think fit and to fulfil such purposes which are exclusively charitable according to the laws of England and Wales and are connected with the charitable work of the charity. ## **REGISTERED ADDRESS** Harvest Evangelism UK Top Club Manor Road Washington England NE37 3BD **PRIMARY BANKERS** National Westminster Bank PLC PO Box 2 DG 208 Piccadilly London W1A 2DG ## **INDEPENDENT EXAMINER** Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF 3 ## **HARVEST EVANGELISM UK** ## **(COMPANY LIMITED BY GUARANTEE) DIRECTORS' REPORT** ## **FOR THE YEAR ENDED 31 MAY 2023** The Charity continued successfully to sustain its work advancing the Christian faith, social and community regeneration in the UK, and in particular supporting the work of its United States counterpart Harvest Evangelism US. ## **Achievements and Performance** During this year, as a result of coming out of the pandemic, there was only one in person event in December 22 kindly hosted by a family in Sussex. There have continued to have monthly online events to support training towards social regeneration and community transformation. We were able to support a specific relief trip to Argentina and invest in local projects for the betterment of the poor of the city. We hope to have more in person events this year coming and continue to build the online webinars under the banner ‘Houses of Hope’. The administration of the charity has changed hands this year and is being competently managed. ## **Financial review** Income has matched expenditure this year which is pleasing and all bills have been met successfully. 4 HARVEST EVANGELISM UK (COMPANY UMITED BY GUARANYEE) DIRECTORS. REPORT {CoTrtinu•d} FOR ThE YEAR ENDED 31 MAY ZOZ3 stat￿￿t of Dlrectors, Re5ponslbir(*s'. The Charr(ÈS Act ind the Compan*s A£t 2006 requffè thg dlrectors to prepare financ￿1 Statun￿t5 for each financk•l y•ar %thlch g￿e a truo and fa* of the state of affairs of the campany as at the end of the ￿anC￿l year and of the surpbjs or deftcf( c¢ th4 charlty in accord￿Ce wkh the r¥utremenls of S¥twJns 394 and 395 orth9 CrThpanles p£t 2006 and ¥*hlch other*lse Comp￿ wlth *s r￿UIre￿￿t5 rdatkng to financ*1$tat￿n￿ts, so far as aPp1Kab￿ to the char*abk company. In preparlTrg thos• fknanclal stat￿￿ntS the are r4utred to :. a) accountlng pok*S and th•) aPPtyth￿ consi5tqntty; bl rnakeludgun￿ts and eslThates that ar• rejsonab￿ artd prudent: cl prepare the thanckl 5tatwnents on the gthg concern ba56 un*ss * 15 Inappr￿fI￿e to prq5urne that thè etympany vlll tMtlnue In buslness.. dl stat• whdher applcabk •ccountkng standards and Statem￿t$ of r￿c￿rn￿d￿ practKe havè bew folky*Ad, sublert to any materkni departures di5£k￿j and eXpb1n￿ kn the finan¢thi st*qn*)ts. The Dlrettor5 are abo respon51)* for maknt•knlng ad4uate accwntkng r*ords dlsckn5E %•lth rAisonabk accur¥y 4t any tkne the than¢lal posklon of the company and ¥4hth ère 5uffKIEnt to show and expkkn the compènf5 transarthjns and uable them to ensure that the financkil Stat*n￿t5 5grtb)ns 386 and 387 ot the c￿npath*S Act 2006 and £ompty rggulatlons made under the tharlk% Art. Thw are a150 resp0nskn￿ for saf*Juardkn9 th• è5Sats of the tLYnpany 4nd hencé for t4klng reasonabk steps thè preventb)n and datwLtkJn olfraud and other *rwular*les. The D￿#t9[5 •re also responslbk fcf thè DirKtors' report, and the respDnsibllky of the kndepend*)t rel*hM t¢ the Dlrertors. report & Imi(ed to examiikng the report and Énsurkng th* on the f¥9 of the rq)ort there are no kncons&ttncles the figur•s dbcl¢sed In thg financKal staternwts. The50 accounts h8ve prepar& In accordance vAth the pro¥15knns appk&l• to c(Thpèn*s $ubJott to the small compan195 I approveth9 •tlacheJ stat￿£￿t rf fthan¢kryl art￿ and balanc• sheet and confirm that I have mad• a¥al￿b* 41 Informat*n necessary for Y(5 preparntbjn. Approved by the Dtrtttor5 on the....... SI]n￿ on thek by Dkector. Int Narno.. ## **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023** Report to the trustees/ members of Harvest Evangelism UK on the accounts for the year ended 31st May 2023. ## **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 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, most matters that have come to my attention have been dealt with adequately, except for a few issues, 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. Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF Date: 22nd September 2023 6 ## **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 MAY 2023** |**Notes**
**INCOMING RESOURCES**
Donations & Legacies
**3**
**TOTAL INCOMING RESOURCES**
Costs of Charitable Activities
**4**
**NET INCOMING/(OUTGOING) RESOURCES**
**TOTAL FUNDS BROUGHT FORWARD**
**TOTAL FUNDS CARRIED FORWARD**
**RESOURCES EXPENDED**
**TOTAL RESOURCES EXPENDED**
**TRANSFERS BETWEEN FUNDS**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**|Unrestricted
Restricted
Designated
**Total**
**Total**
Funds
Funds
Funds
**2020/23**
**2021/22**
£
£
**£**
**£**
17,917
-
17,000
34,917
18,332| |---|---| ||**17,917**
**-**
**17,000**
**34,917**
**18,332**| ||19,683
-
17,000
36,683
23,480| ||**19,683**
**-**
**17,000**
**36,683**
**23,480**| ||| ||**(1,766)**
**-**
**-**
**(1,766)**
**(5,148)**| ||-
-
-
-
-| ||**(1,766)**
**-**
**-**
**(1,766)**
**(5,148)**| ||5,612
-
225
5,837
10,985| ||**3,846**
**-**
**225**
**4,071**
**5,837**| All of the Charity's operations are classed as continuing operations. The notes form part of these financial statements, found on pages:-9 to 14 7 HARVEST EVANGELISM VK (COIIPANY LIMITED BY GUARANTEE) BALAIICE SHEEr ASAT 31 MAY 2023 Unreslrktel R4strtteA1 Fun Funds T•i•l Tal*1 3144•r23 31-M*￿Il Flx•d A•M Tanglble Assets Note5 Oebtors & Prepayments Cash at bank and In hand 4,731 4,731 6,467 crndlto￿. due lstthkn one ywr 660 660 630 NET CIIRRENT ASSErs 4,071 4,071 5,837 TOTAI ASS￿5 less curr￿¢ Mabiths 4071 4.071 SM37 CMthtoTh: du• In more than ong year NEY ASSErs FUNDS OF THE CNAAITY Gener81 Funds Rgstrt¢￿ Funds DÉ8IJnated Funds ReYts4d 5,612 3.846 3,846 225 225 225 TOTAL FUNDS 71 37 For the year endert 31st May 2023. The Dtr￿t0rS are 5attsfled tht chrrtable trynpany was 4ntr(kd to 2￿Pt￿ rr¥*n the to obtaln an aud￿ und sectlon 477 ofthe Compan￿5 kt 2006 rokntkng to small r￿pan*S. Tht ￿￿b￿S have Iequtsl the company to obtoln an aud* for th* ywr kn qu¢lhM kn accordanee %•*h $￿tI)N 476 of the Companles P£t. Hovw4w. kn accordance wlh $￿tIM 145 tsf the Chaittles Art 201 L. the 8¢rourits ha¥e b•w by an IndePend￿t *those report appèars oftw the Notes to th• Fknancl* Stat*nwt5. The Dlr*tor(sl acknth1￿jqe th•r ￿pOnsIbl*Y ccfflptyiig wth the f￿￿￿¢￿t$ rfthe Ccffipar¢*s k¢ 2006 wlth respect to ccountkno rxords and th4 prepar•tkn ofaccounts. The accounts havg been pr•parwJ th accordanr? wth the prov&*ns kn Port 15 rf the ct¢npjn￿ Art 2006 applkabknto ccthpanks sutsj￿t to the smal and kn accordanc• M*h FRS102 SORP. Th• dlrector5 xknoWge thetr re5porssb*tykn ￿$￿Ana that the ttqnpany k••ps proper acccwntthg T￿OrdS whth compty %*th 5ectKins 386 of the Art 2006 and for prepathg I￿anc￿l Stat¥n￿t$ %vb*h 9fve a trua and VI￿ of the stateof ¥falrs the ccfflpany as at the end orth• lknancknl year and rf ts proft and fDr the fkn•ncial year kn aecordance wlth the r8]u*trnwt of $ertknn$ 394 and 395 and whkh ¢¢her*tse compty**h the rfthe Crrfnp4n*5 *£t 2006 rthtkng to accounts, so far as èppltabk to the ccfnpany. Appr¢Ned by the DtreEtGY5 on th&............ Slgnol on th•lr bghay by Dtr&t¢r.-.. Prknt Nam¢=... Ctmpany RoJtstratkn Number: RwJ5ter*J Offlc*: 04213957 Har¥¢st Evan94W5m UK Top C￿b Manor Washjngton Engknd ## **HARVEST EVANGELISM UK** ## **(COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023** ## **1. ACCOUNTING POLICIES** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year. ## **Basis of preparation:** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Cash Flow Statement** The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. ## **Recognition of Incoming Resources** These are included in the Statement of Financial Activities (SOFA) when: - the charity becomes entitled to the resources; - the trustees are virtually certain they will receive the resources; and - the monetary value can be measured with sufficient reliability. ## **Incoming Resources with Related expenditure** Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA. ## **Grants and Donations** Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## **Tax Reclaims on Donations and Gifts** Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## **Contractual Income and Performance Related Grants** This is only included in the SOFA once the related goods or services has been delivered. ## **Gifts in Kind** Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as income receivable. ## **Volunteer Help** The value of any voluntary help received is not included in the accounts and is described in the Report of the Trustees. ## **Donated Services and Facilities** These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## **Investment Income** This is included in the accounts when receivable. ## **Investment Gains and Losses** This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. This page does not form part of the statutory financial statements 9 ## **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023** ## **1. ACCOUNTING POLICIES (continued)** ## **Expenditure and Liabilities** ## **Liability Recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## **Governance Costs** Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters. ## **Grants with Performance Conditions** Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## **Grants Payable without Performance Conditions** These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## **Investments** Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. ## **Pensions** The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. ## **Fund Accounting** Funds held by the charity are either: ## **1. Unrestricted funds** These are funds which can be used in accordance with the charity's objectives, at the discretion of the trustees. ## **2. Restricted funds** These are funds that can only be used for particular restricted purposes within the objects of the charity. ## **3. Designated funds** These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Operating Leases** Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Legal Status of the Charity** The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. ## **Fixed Assets** Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. ## **Depreciation Expense** Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a Reducing Balance over their estimated useful lives. The rates applied per annum are as follows: |Equipment|25%| |---|---| |Motor Vehicles|25%| There has been no change to the accounting polices (Variation rules and methods of accounting) since last year. ## **2. TANGIBLE FIXED ASSETS** The Charity held no fixed assets investments during this or the previous financial period. This page does not form part of the statutory financial statements 10 ## **HARVEST EVANGELISM UK** ## **(COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023** |**3. INCOMING RESOURCES**
Note
**4. RESOURCES EXPENDED**
Note
Gift Aid Income
**Donations & Legacies**
Gifts, Tithes & Donations
Gifts & Donation
Bank charges
Adminstrative expenses
**Charitable Activities**
**Governance costs:-**
Independent Examiner Fee
Legal & Professional fees|Unrestricted
Restricted
Designated
**Total**
**Total**
Funds
Funds
Funds
**2020/23**
**2021/22**
£
£
**£**
**£**
17,880
-
17,000
34,880
18,295
37
-
-
37
37| |---|---| ||**17,917**
**-**
**17,000**
**34,917**
**18,332**| ||Unrestricted
Restricted
Designated
**Total**
**Total**
Funds
Funds
Funds
**2020/23**
**2021/22**
£
£
**£**
**£**
18,300
-
17,000
35,300
22,192
71
-
-
71
47
353
-
-
353
311
660
-
-
660
630
300
-
-
300
300| ||**19,683**
**-**
**17,000**
**36,683**
**23,480**| This page does not form part of the statutory financial statements 11 ## **HARVEST EVANGELISM UK** ## **(COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 MAY 2023** ## **5. RESTRICTED FUNDS** The Charity held no Restricted Funds during this or the previous financial period. ## **6. DESIGNATED FUNDS** ## **CURRENT FINANCIAL YEAR** |**PREVIOUS FINANCIAL YEAR**
Argentia Trip
Argentia Trip|**Balance**
Unrealised
**Balance**
**01-Jun-22**
Income
Expenditure
Gain/Loss
Transfer
**31-May-23**
£
£
£
£
£
£
225
17,000
(17,000)
-
-
225| |---|---| ||**225**
**17,000**
**(17,000)**
**-**
**-**
**225**| ||Revised
**Balance**
Unrealised
**01-Jun-21**
Income
Expenditure
Gain/Loss
Transfer
**31-May-22**
£
£
£
£
£
-
225
-
-
-
225| ||**-**
**225**
**-**
**-**
**-**
**225**| ## **7. INVESTMENTS** The Charity held no investment assets during this or the previous financial period. ## **8. CASH AT BANK AND IN HAND** |Current A/c|Unrestricted
Restricted
Designated
**Total**
**Total**
Funds
Funds
Funds
**31-May-23**
**31-May-22**
£
£
**£**
**£**
4,506
-
225
4,731
6,467| |---|---| ||4,506
-
225
4,731
6,467| ## **9. DEBTORS AND PREPAYMENTS** The Charity held no Debtors during this or the previous financial period. ## **10. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR** |Independent Examiner's Fee|Unrestricted
Restricted
Designated
**Total**
**Total**
Funds
Funds
Funds
**31-May-23**
**31-May-22**
£
£
**£**
**£**
660
-
-
660
630| |---|---| ||**660**
**-**
**-**
**660**
**630**| ## **11. CREDITORS AND ACCRUALS AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The Charity held no long term liabilities during this or the previous financial period. This page does not form part of the statutory financial statements 12 **HARVEST EVANGELISM UK (COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 MAY 2023** ## **12. STAFF COSTS AND NUMBERS** The Charity employed no members of staff during this or the previous financial period. ## **13. CAPITAL AND RESERVES** The Company is Limited by Guarantee (04213957) and it is a charity registered with the Charity Commission (1087761). It does not have a Share capital and has no income subject to Corporation Tax. |Profit / Deficit for the financial year
Other Recognised Gains
Closing Funds at 31-May-23
Balance Brought Forward|**2020/23**
**£**
(1,766)
-
**(1,766)**
5,837
**4,071**|**2021/22**
**£**
(5,147)
-| |---|---|---| |||**(5,147)**| |||10,984| |||**5,837**| ## **14. TRUSTEES AND OTHER RELATED PARTIES** No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (2021/22- None) ## **15. RISK ASSESSMENT** The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **16. RESERVES POLICY** The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Directors will endeavour not to set aside funds unnecessarily. ## **17. PUBLIC BENEFIT** The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors' report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. ## **18. PRIOR YEAR ADJUSTMENT** 2021-22 Argentia Trip £225 was not treated as Designated Funds in the prior year but has now been adjusted into the accounts. This page does not form part of the statutory financial statements 13