REGISTERED CHARITY NUMBER.. 1124067 111 rfan Gos NNUAL REPORT AND FINANCIAL STATEMENT R THE YEAR ENDED 3 ECEMBER 2023
nan Gos l Trust ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 Contents Page Trust Information Trustees Report Independent Examiners Report Statement of Financial Activits'es Balance Sheet 10 Notes to the Financial Statements 11-12
ILLYRIAN GOSPEL TRUST TRUST INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023 Namo: Illyrian Gospel Trust Charlty Registration Number. 1124087 Gov•rnln9 Documentstlon: Dedaration of Trust dated 1001 March 2008 Trustsos durfng th• perfod: Roger Aldridge Michael Martin Robert Ness Neil Poole Helen Romain (Secretary) Jonathan Gulliford Richard Patterson ( Chaiman) Paul Dutton Tim Rawlinson (appointed 30101r2023} Bankers: Virgin Money 7 Gold Street Northampton NN1 1EN HSBC Bank 1 Market Place Hitchin Hertfordshire SG5 1DR Independent Examln•r: SCM Accountancy Services 39 Silver Birch Avenue Stotfold Hitchin Hertfordshire SG5 4AS
ILLYIUAN GOSPEL TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 1 DECEMBER 2023 The Trustees present their annual report and the financial statements for the ear ended 31 Dember 2023. The accounts comply with the requirements of the SOR4FRS102. tructure Governanco and Mana 8ment Govemlng document The goveming document is the Declarab'on of Trust dated 10th March 2008 Reerultment and appointmont of Truste8$ Trustees are appointed and recruited in accordance with the Declaration of Trust dated 10th March 2008. Recruitment and appointment of Trustees is conducted in accordance wlth paragraphs 15 & 16 of the said Declaration of Trust. Organlzatlonal structurn The Trustees are responsible for the day to day running of the Trust and maintaining financial and other records for inspectson at Trustees Meetings. Due regard has been given to the Charity Commlssion GuKlance on Public Benefit. Trusteos The Trustees, for the purpose of tharity law, who served during the year were as follows: . Roger Aldridge Neil Poole Michael Martin Robert Ness ITreasurer) Helen Romain {Secretary) Jon8than GulllTord Richard Patterson {Chaiman) Paul Dutton Tim Rawlinson (appointed 30101r2023) 2. Ob'ectivos and Activitles Charltable ObCtIveS (a) to advance the chnsts.an faith in accordance with the Statement of Beliefs appearing in the Schedule hereto in the United lfjngdom. Albania or the world as the Trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales, and are connected with the
d)aritable work of the Trust (b} to relieve sickness and financial hardship and to promote and preserve good hearth by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts oflhe United lQ'ngdom, Albania or the world as the Trustees from tsme to time may think fit (c) to advan educats'on in accordan with the Christian principles set OLrt in the ststement of Beliets in the Schedule hereto by such means as the Trustees may consider appropnate including by means of establishing and operating any educational establishment or establishments in the United ngdorn, Abania or the worfd as the Trustees may from time to time think fit Main actlvltle• The easin of the global pandemic allowed the Fier and Patos churches to be able to meet in person. his has also allowed the re*stsblishment of women's meets'ngs in both towns and meetings for youth and children. . Achlevoments Trainin and educatlon The Field Director was able to teach 1x40 times at the Torchbearers Bible school in Ersekè. He also was able to teach at the Torchbearers school in Embu, Kenya, which is an offshoot of the school in Ersekè He was also able to preach in several churches in Albania and was asked to teach the 'LNJht church. in Tirana over a weekend. This year we have been able to support the camp for the visually impaired in Ersekè known as the'Light of Life. camp. The Director visited several churctrEs in England and Scotland during the year both to preach and to romote the work of the Trust. He conts'nues to provide wntten updates to supporters an to take part in online meets-ngs. The Trust organised an online prayer Conferen to highlight various aspects of its work. Wo were joined by Bled8r Lamaj from Patos and Fabjon Ivanaj. pastor of the Faith Bible church in Tirana whom the Trust supports. The church in Fier was able to baptise one believer this year. These activities are in accord with paragraph (c) as set out in the objectives of th8 Trust and are designed to train Albanian believers to take over the leadership of the local churches. Relief of sickness and financial hardshi The Trust has been able to support a young teenager in his education in the town of Levan. This young man has been sponsored by the "body and soul" meeting that Christchurch Baldock have organised. The Field Director Serves on the board of an Albanian charity. Light for the Blind. whith seeks to serve the spintual, social and humanitsrian needs of the blind and partially sghted Community in Albania. We have been
able to purchase a number of canes due to a generous donation and have begun distributsng them in Fier, Patos, Kor*, Ersekè and Tirana. A partnership with a local food bank has helped with food needs. Pro ects The business creatson scheme finally began in June of 2023. A training event was organised with businessmen from the United Kingdom and trainers from the United States and Albania. Over 30 people attended the first night and the teachers were able to visrt a prospective candidate for a micro loan in Mora Since then one of the trainers has begun to help the owners of a business in preparing financial plan for the expansion of the business. He has given vital advice to the owners and it is anticipated that they will apply this year to the Trust for a loan. This is in accord with paragraph (b) as set out in the Objecb'ves of the Trust. eration with other odies The Trust continued to work with the Albanian Evangelical Mission and LinkA¢ross and on a field level. It also supports the work of the Faith Bible Church in Tirana and parbcular its pastor Fabjon Ivanaj as W11 as the 'Way of Peace" churches.ln Fier and Patos These organisats'ons have objectives which are in line with the Trusys and comply with the Statement of Faith. Church Plantin It has not been possible to pursue church plants this year. However the Field Director and Assistsnt Field Director have contsnued wsits to Levan, Suk and Verri which have the potenknal for church plants in the future. This is in arxord with paragraph (a) as set out in the objeth'ves of the Trust. Leadershi Trainin There have been training sessions prowded by Grace church, Yate, for those who are looking toward leadership in the Fier church throughout 2023 and visits are going to Increase in number next year. This continues under the mentorship of the Field Director ensuring that the work is in accordance with paragraph {c) of the objecb'ves of the Tru$L Del ated A A contract has been provided for the Field Director ststing the limtts of operational and financial responsibility delegated to him by the Board. These are detsiled below. The responsibilities of the Field Director are as laKI out in the Trust Deed of111 rian Gospel Trust dated 1 Oth March 2008. These are detailed in Paragraph 4 of the Trust ed. In particular, the activities of the Field Director, ath'ng on behalf of the Trustees must comply with the Statement of Beliefs contained in the Schedule on pages 12-14 of the Trust Deed. In addits'on to these responsibilities the Field Director is required to submit a written report to the Trustees on the progress of the work of the Trust and any projects that it has undertaken every four months. The levels of delegated responsibility are listed below.
- Ministry Acb'vities The Field Director is authorised to undertake any actiwty which can be shovm to be compats'ble with the Aims and Objects'ves of the Trust. b} The Field Director is authorised to enter into collaboration with other Evangelical organisats.ons whose aims and objectives are not In conflict with those of the Trust. The Field Director is authorised to invite any Evangelical organisation to cooperate with the Trust in its athvities whose aims and objects'ves are in Ilne with the Trust Deed subject to notification to the Trustees.
- Financial The Field Director is authorised to commit to Ministy Expenses up to le value of £250 without prior ap roval of the Trustees. The cumulative totsl of expenses must not exceed £1, b) The Field Director is allowed one air fare per annum for himself and family for the purposes of visits'ng the UK. Any other overseas travel must be authorised by the Trustees. sin suc
- Flnancial Revlew Fund P081tlon as at 31 Dee•mber 2023 The fund has £100 061 in hand at the end of the year, £62.847 being unrestricted and £37,214 being designated for specific needs and activities. This represents an increase of £14,530 compared to 31 December 2022. The pnnciple reasons for this increase in funding are a donation of £9,000 to fvnd translation and publication of J C Ryle Holiness in Albania and a general donation from an indivMJual donor of £10,1)00 received on the last day of 2023. During 2023 gifts and donations totslled £81.808, £45,040 for unrestricted use, mainly from supporting churches across the UK and £36,768 for designated use, pnncipally to support Will and Doreta Niven, James Goodman. Bledi Lamaj. the J C Ryle publication, and work with children and blind believers. Res•rves policy Monthly costs to wn the Field Directors office are: Field Dire¢torfs Pay £1,400 Assistant Field Directorfs Pay £1.300 Field Workerfs Pay £1,075 Pension and National Insuran Costs £ 415 Insuran costs £ 200 Other Monthly Costs.. Support for blind believers Support for the Bledar Lamaj Support for Fabjon £150 £250 £40 £440
Other commiknents: Repatnation costs for Niven family Repatnation of James Goodman The Trustees consider that in the event of the Trust being dosed trat it would be prudent to assume it would take six months to enable the Trust to be closed In an orderly manner. We consider that the minimum we need to hold in reseNe to cover the costs of this period of orderly closure is £36,000 which we prudenily assume will come from general funds and represents 57% of the current general fund. During the year the Trustees decided to open a new bank account with Mrgin Money to enable online banking falitIeS to be accessed. Given the additional risks of online banking ac$5 has been extended to indude tAVO Other trustees a5 well as the Treasurer enabling appropriate checks and balances to be put in place. Specifically the Secretary has direct aCsS to the bank ststements whilst the Treasurer is required to circulate a list of payments from the new account to all trustees monthly. £5,000 3. Future Dovelo men The principal aim of the Trust is to develop godly church leaders and foll0vr8 in Albania which is tackled through a variety of methods such as.. Establishment of the business microloans project to assist with starting or developing businesses in and around Fier. 14fylhilst this initsative is not exclusive to believers it is expected that guidance from believers will help develop businesses and business practices trjat are sustainable and in His honour Helping the blind community in Albania in spiritual and practical ways including purchase and delNery of white Canes, food parcels and assistance to organize spiritual events James Goodman's ministry which was stsrted in 2019 and is supported by a wide range of donors has provided additional stimulus to spreading the word particularly in Patos and James, Influen for the Lord conts'nues to develop new believers in the area With appropriate resources {financial and human) it would be possible to consider or support church plants and also widen our work with bible schools such as the one affiliated to a school in Kenya that Will Niven is already active with From time to time these projects and inth'atives need additsonal funding vthich the Trustees publiGi3e as and when required 6. Rlsk revlew considerab.on has been gbven to risks associated with the promotion of 'Team Abania,. A review has been undertaken on proposed new legislab'on which it was thought may impact on 'Team Albania,. After careful consideration, it was detennined that as 'Team Albania, is not offered as a Package type of ath'vity this legislab'on dhl not apply. An insurance policy is in place to cover the events highlighted in the risk rewew. The trustees have insurance policies in place both to cover general liabilitses including employee and public liability insuran.
Additionally the trustees have considered the issues and risk5 surrounding money overseas and have implemented poliries to ensure adequate control and checking of payments sent to Albania. 7. Res onsibilitles of the Trustees Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its receipt and application of resources including income and expenditure for that period. In preparing these financial statements, the Trustees are required to Select suitable accounting pollcles and then apply them consistently; make judgements and estimates that are reasonable and prudent State whether applicable accounting stsndards and statement of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements,. and prepa the financial statements on the going concem basis unless it is inappropriate to assume that the charity will conb'nue in operational existence. The Trustees are responsible for keeping proper a¢untr.ng records. which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for tsking re8sonable steps for the preventson and detethon of fraud and other irregularities.
114DEPENDEN RTHE INER'S RE DED 31 DEGEMBER 2023 Ind•p•ndgnt EYamln•rn AOrtt0 th• Trtt• of Go•p•l Tfult I rwrt on Ihe finanual slatements of thB Trustlor the endeA131 2m, which are Sèt out on pak 8 to 11. Those financi81 statements have been prEp8r&J under tho historical 5t convenliM and the 8¢unI.n9 pts11c set ouithar81n. Rp#¢t1¥• ro•pon#ibNltl•• of lJu•t••• and •Mmlnor A8 lh• tN#t you arg tespoMlbl• for ts weparaoon ol yj that audit rwui1•mt of 4144 of tho Charitw Act 20111th• Charitig1 Acll dots r¥)t apply. It Is rny ro8ponBlbllty to", Folknw thè prc¢•Juw Lhl in th• G•ner81 tMrpc'em by th• Ch•rlty Ccmmi83ie4)•rs lundertKlb)n 145ISXbl oftsCMntt•• Ad) WMJ Ba•h ol Ind•pond•nt Exdn•rf# R•port My &xamlno1ion wai urrigd out in aceordance wth thts Genenl OireLthoM gN•n by Charity c0nyni86iorrI. An •xaminalion inelud88 0 rew8w of th• •ccounb'r¥J ¢•cord• k8pt by th• ch•rity 8nd a cornp•nson of th• attounts pr•$entsd those records. It alw indudes c4Jnsthr•bon of •ny uM8ual dl&do8ure In th? aeeounts. and tha Seeking of •xplanab'orwJ from tho tru6teg8 ccffje8ming any suth m8tt•rs Thg proc•Jum Undèrtak do not provide 811 of th• ovklen¢e that would be roquirwj in •n audrt. and conwventty no 1n70Th 18 given a8 to fi•tor or not th• aco)unts pr•••nt • kn and vw. a1 lh• r•wt Ki limmd to Ihc40 m•ttgrn 8•t out In Ihe 6latThTrt low. Ind•p•nd•nt Examkn•rf• 8tsl•m•nl In CLnne¢tion wth my eyaminabon. rK mtsr h# to my ¥u•ntion'. whth rn88cMble 10 that in any m•ten"al rwèctth• rnqulrwn8rrtS'. lo keep A¢Un. in actudanc• rylh 8•ction 130 oftho A¢ 8nd to proparg accounts whith accorf wilh fv ••XS)unts"TrJ r•corth and comply wilh 11 accoJnting requ¥rw)•nl• of Il Ch8rtbesAcl hav• not been Met iy to whl¢h. In my onion. •tknntion thouK4 h drvn in orthr tr) enots a prcylr undarntandlrg ot th$ aeeounts to be reac. 121 l3J• 2024 Sue Matolts¢huk FCA SCM Accountancy Seryi¢e& L 39 Sifv 8iTth Anue Stotto Hitchin Hert¥ SG5 4AS
STATEMENT OF FINANCIAL ACTIVrnES FOR THE YEAR ENDED 31 QECEMBER 20 Totsl G•nernl Rostricted Funds Fund• Fund¥ 2023 Total Fund$ 2022 Inc¢mlng rngour Incomo resourc frtyn gongrat fvnd¥ Donations and legacies Inv&8lm8nl Incomo and inter•st Bank inl&r•$l 38,788 81,808 81,668 521 521 64 Total Incomlng rmourc 45.561 38.768 82,329 81,732 R•sovrct• expend Charit¥bl¥ •xpendrtur¥ staff ¢08ts Other runnlng ¢o¥ts 33.140 1,409 19. 52,436 1A09 42,912 Granlmaklng 8,341 13.804 16,486 Govemancs costs Independent examin8tlon Tru81¥0'9 expense$ 150 110 160 Total rn•ourcM •xp•nd•d 41.040 28,759 67.799 60,493 N•t M¢Mm•nts In fvnds 4,621 10,009 14.630 1,239 Tot•1 lundB at 1 January 2023 27.205 81631 84.292 T¢)tal fund• at 31 D•c•mb•r 2023 82,847 37,214 100,061 86.631
BALANCE S ENDED 31 DECEMBER 202 R THE 2023 2022 The assets and IlitieS ofthe chaiity.. Curr•nt a$ts Cash at bank arKI in hand 1(j,061 85.531 N•t eurrentass•ts 85.531 Tot•l•ssets curn•nt Il•bllld•s Net Includlng poMlon a•••t I lbIlIty The fund$ ofthe chaty.. Unmtrlctsd In¢om• fund• 82.847 58,326 R88trJctsd Incom• fvnd• 37.214 27.205 Totsl ¢h4rlty fund• R¢bert Ness Trv•t¢¢ Approved by the trustees on ............. The notes on pages 111 fwn an integral part d these accounts. 10
FORMIN FOR ART F THE FINANCLAL STATEM ENDED EMB AC¢OUNnNG POLICIES Ba¥1$ ol preparntkn Thè financial statements boen uThJerthè htorul LYJSt convertuon. Th8 accounts are In accordance the rcme)atlns in Accounting 8Th1 Reporbng by Chaiit5'. St8tem8nt ol Recommended Prty¢te is8 m Mr1 2rJ)5 Comp wrth the Charit$ IA¢eounts and Repurtsl RequlaUon$ 2ChJ5 under th6 charit Art 1993. The financi $tat¢m¢nts ha¥• b••n kyepared in acu)ar¥ with all appli14 accountin9 $t¥fidards, as modffi8d by the Ststsment of Recommended Prac1 lor ArxwntiThJ 4nd Repormg by tho Chanty Commiss[5 for Engnd & Wak. (rev Jurn 20081 The accounts h•be drtm up J¢Gordan¢8 With the (4t Chantss A¢ts. Amd the r8sutts 01 ¢h•nty8 OF4Jrathin• whh descr1 in the Tru•tws' R•pJrt. au olttKh arv tonbnuryi The thaty has tsk8n ad¥ants90 of the exernptim in FinWci RtI Stsrtrjgrd Pk 1 frwn th• rnquirem•nt to produce B eaih fiow $tatwxnt. Th• rtUllr accounting polirA•s doOed •re ••t oui WXT. Fund •c¢ounllrvJ Unffj$lricted funds •r• •v8lwblDfc 41 thg •trt oltPTNts8b in th• fvrtnL• ofthe g•n•rnl objectwe$ of th• chanty. R8slricted funds 8rg subiod to Nstr)l on Ih&tr•ywThtw• by thoth)nor wthrough th• of an gpw41 Incomlng r••ourc•s Incoming rttourc86 are •c¢ounl•d foron • t•c•b4•bl• bA•ts. l exp•ndttura kn r•¢ognls•d in t F•¥)d In kncury•d •nd accourrted lor on •n accnwkn b•$k4. Th1¥ h8$ then eL$$W urJer ho•JN• that te rnL8t•d ts th¢ 69(y. R••ource• expend Indud• Ambutsbkn VAT th•1 c•nnclt w•wrtrwJ, •rrtl Is rw•d •• pArt ofth• •yThJttuf• to whl¢h tt relat•8 Ch8rttAbl¢ •XF•ndrturn cc¢npnses thw costs by the ¢h•rlty In tm d•hWy of rt• KINlti•s •nd Nices l¢r rt$ b8neficiart•i. It i¢lu¢o• both eosts thal can •llo¢•tad direth lo •u¢h •th¥rti and Ihosa cost5 of an Indirect nature n•c•s$ary to ¥upport thom. Governance eosl$ include Ihoso ¢$ as•wated Ythh me8tir¥J th• aTra 41ry requir•ments ofth• tharity and In¢m Iho K¢ount8rty loes ¥TrJ 1¥ hnk•d to 8tr8t•3 managmnt ol c4nty. Th9 Trusi•M been 1mbUrn £nl exp• (2022.. £nll STAFF COSTS AND NUMBERS Staff ¢t9 wwe as follm". 2023 2022 PAY & PO)n Expenses 48.400 39,3 4 028 3,C69 52.436 42,912 Oltlw abM. £19296 (2022. £12,431) w4¥ sourc•J through rnstrtal lurth. Fiekl Dwe¢ior A5$nI DirEdor Evangelist
PART 1.847 Bknji 1488 2,881 2212 2.711 1,278 ontto M•f thd 140) hy 8liTrJ Fi4ty s1 4,013 294 QTors FW S 18 2023 PrLPJ41 (FCr) 3.747 120 10&7 FA 2.212 S.VA+ 1.020 18281 1242 No&A 11.11fj8 12.355 2,V20 140 rtyPd P••torTrthJ 140 12eoi Ftyb 17.1831 )2.7S4 8.851 8.875 17.fP)) 11 4214 240 37. 759 12