Charity re*iotL UUTtEber. 1125132 Christian Restoration Ministries International Annual Re￿rt and Financial Statements for the Year Ended 5 ApTiI 2023 Cbristian Restoration Ministries International Contents (CODtinued) Reference and Administralive Dctsijs Trustees, Report 2to6 Statenient of Twstees, Responsibiltties Independent F.xamine¢s Rewl Statemeth of Fit)ancial Activities Balance Sheet 10 Notes to the FiDarKial Ststements Ilto•* Christian Restornlion Ministries International Referenee and Administrative Details ChiefEIec￿tive Officer Tr￿stee3 R Bletcher. Chair P B(Troth R￿. J B￿j0 J BuFd Treagjrer R Colbourn AHart JohtL8tone S Kaye J Trdc)" Senior Manageme￿t l Leadership V Tracy, ChieFExecutive & S￿reiary Tearn Clwity Registration Nunther 1125132 Prlncip*l Office 12 Ststion Parad¢ North Yo￿l[e HGI IUE Independent E￿￿)I￿r Stables Thowson & Bri5coe ChaTtered A¢counranLS & Ststutory Auditots Lowtber Ho￿￿e tATrwtheF Street Kenda] LA9 4DX Page I ChristiaD Restoration Ministries InternatRonal Trustees. Report The tn]stees pTes¢nt the amu]al retwt togekn Thith the fin￿￿la1 ststments of the charity for th¢ ytar ended 5 ApIil 2023. Chairman's Report Oll behalf of the Tn￿e6 E am pleas¢d to present ¢)urAnD]]al Ryrt for the year ended 5th April 2023. I have been privileged to serye as Chair of the Tnjstees sitKe July 2021 a￿1 I record htxe gratefid thanks the w'ork of Paul Booth. tny P￿deceSs0r Chair. Pau] has been a Tr￿ of the charity since its foundation in the UK 15 years 280 4)nd has made att cotttnbution to the developjnent of the ¢Jwity. Il'e hai'e greatly benefitted from Paul's calm and l am pleased he Is slaying on a Trwste¢. WE Conti￿lle to do all we can to the front lime wowk of the charity in Ugakth We are wiusual as a UK cltsrity in having a team of hj.gbly skn.lled U8awJan colleagues on the ground WQTking with the schools, groups and projects we support. More details on our work can be fou1￿ below.. Objertives #*d aetivities Obieets widaim5 The objects of the cljarity are: . t(Tr advance education of children in Ugand4 p3rtt¢u]8rly those who are twr, orphaned or sick, - to relieve sickness and promote and protect good health for thildrell and adults in Ug￿& particularly by the provision and maintenance of health clinics, - to adl'allce the cbrisitaD fdith in tbe UL us￿ alld elsewhere ID the wodd &s the trLL5txs sball think fit. Omr Statemenl and Sffiremewt (hw vis2¢)n 2nd mission ren)ain unchanged aryl are &s follows: Viskn Ourvision is to bTeak the cycle ofpovety and trdTh8forni livu in Vlthierdble conllnuTllties in Uganda. Mi5SiOB Our ￿]sSIo￿ is to empow'er. in a way. the next 8enerntiODS in our Ugakn COmTn￿leS thrtsugb educativ[4 healthca￿, v(￿101]81 traitjing ntsal developllxnL Background CRMI Children of Hope is the UK ami of Christian Restoration Ministrt&s (CRM} in UgaywJ& CRM in Uganda is a r¢￿st¢red charit), and h&$ many parts including th¢ church at Bornbo, Btble ￿h0O[. Women'$ mini8ty, itiDerallt preachjng aswell as the w(￿k of Ckn"IdtED of Ilope. CRMt is tILe registered cbarity name in the UK and started in ?008 with a cbild spottsolshtp prowanln￿. The 'Childten of Hope, suffix added tn 2010 10 emphasise thai thi5 part of the ¢lwity forlls¢d on child SF4)nsorship alld educatio￿ Because of our cbild centred approach and de%ite to see hob"stic, sustainable transformatiofy the trK arm of the cbarity has grovm oier the last 15 )Ears to inch￿¢ not O￿lY ￿￿catio￿ but also h¢alth¢are, vocational trdinin& and social entelprises. CRMt C]Jtlthen of Hope is twed in noTthM'tst Engl8ll& There are two employees of the charity. the C4FDir¢ctors, both paid part ti￿e aDd 9 UK TrrLStees pkns Jobll BuDjO: the founder of C.ILM. from U4Fand& ID additioffj there are many Voluntee￿ from difTereni backgrOu￿lS aT*t skills wb) are ao invaluable resource to the Charity, along over 360 5pollsors alld suppozter& Christian Restoration Ministries International Trustees, Report (continued) The Ugandan ￿￿text The Development Initiatiiw FaLt8hect for Uganda ((kniber 2020) Th>t¢s 'that Uganda Temains amDllgst the POOTest countrics in tbe world. alld 'thaL %kn"le the PTownion of people defjned as 'poor' has falle￿ the proportion of pe¢)ple ivho live abo%t dke tM)vety litie b￿t remaiD wln¢rable to falling below itllls iti¢reased'. Additiollally, the Situation Analysis of Children in bgallda (?019) repons Ibat 56 per cent of children iti Uganda live in 'Tllu1ti41iM¢nsio￿a1, tM)vety Iwhere they are depTiVtd of 51x or more bLsic services and necessities of lite. The 2021 Unicef ADmw] Report for uga￿ states that Covid-19 p8ndemi¢ dn)ve 2 million more Ugalldans into wverry. The 2022 UDic¢f re￿t notes that colltillu0￿S ￿CheCked wpulation ￿Owth and a vast YO￿ populati¢)n thai lacks ecOno￿lC and job opp)rttmiiies further conknbuÈd w tUgallda's] slowed developEncnL Many young people their Eticon￿ in pr￿arIouS conditions outside the fornMI economy and the bigb population ￿￿￿th makes poverty reductioll llLore difficulL 20?2. the econ£¥my's St￿￿ rell)aiD￿ bigbly JnfomML witb 73.1°,6 of cmployed PEople in the infom￿1 economy dominated llMTrstly by y)ud&nm p¢ty tr*l¢'.... 'Childrell in Ugattda eolltinue to be at heigh￿ed risk of online Child sexual wloitstion and abuse due to low aWarette￿ and prei'etttio￿ ¢ffoTts'. Lt is in this COOtext that a1￿Ill8 to pmvide a c]ass educatioffj opp0th1ti￿ for v¢)catioDal development and eEnploytnrt together with suptMTrrtfor n￿diCal w'ork and ow disability" grow). Pub&¢ heneflt The clmity Lmdertakes education alld s¢]x)ol building proje¢E supp)rting llKdically vulnerabk patieDts and those disabilities and assistillo in rurdl development pmjects. Th¢ twstees confirni that they bave complied with the rwuiremettts of sedion 17 of the Cbarities Act 201110 have due re8ard to the pub]ic t￿llefit guidance pub]Is]￿l by the Cbarity CoK[J[Di&￿0ll for F,ng]and and Wales. Our a¢tlvtt1￿ %ttd *ehievemeDts Key aeknieveniettts during the y of the important work of the charity tskcs place. day ill da}. OUL and ofteD unseaL through the work of our Ugalldan Colleagues th¢ field providillg assistance atyj supp)rt to tbose in the cott)munity vkno need LL Medical (h'er ihe l&st ten years our m￿l¢al work h&s delivered thro￿ our annual Medical Missiow where halr tsken a large teaJTL of healih¢aE professionals from the L.K to LigaTwJa for ￿ interL8iTrE 2 week peTiO Our policy now is tt) awdy from thEse m￿l¢al Mission4 impactful though they were. towards a sitijatio where equip, empower a￿4 enable thoye in Lgattda to Carry wt this work tbelltselves with supp)rL advice and traiDing from the UK. We have Thot*ed with OUT UgaDda to etsthle the following.. . Trnining workshop for children w&th disabilities . Outreach ¢lJnic rmi for those with sickle cell aJMI syphilis . Training of new school uurse ZbanL . Health cbecks for sponsored tbildren rlm by Kala￿kn Hospital twice per ye2r • Disability group 71*etings forfwL play aTMI u)cial conlact P8ge 3 c1￿1stian RestoratiOD MiDiStries Intern8tAonal Trnstees, Report (continued) Educ4lion We are immensely proud of the education pro￿¢jed school& Way of Salvation in Botnbo. and Great Hope in Nakaseke and vle are grateful for the leadersbip of the I[￿d T￿cheES alwj the inspirational teacbing from the tearos iti both scboo)s. The attendance rate in Bo￿1%> bas been rvnnillg 9￿1•> a clear iDdicatioD that the ebildren alld parents are hungry forthis high qua]iry education. During th¢ Trn8tre trip kn u￿d8 in September and October 2022, Niek the husband of one of our CfrDirertOTS. tIK)k over a comput¢r portable proJ￿tor aTxI trdtned some of the stsff and childTen in PowerPol￿t and other progr2mTll&%.This Trvas a huge and we have plaDS, funds petmittiDg, to roll out more ¢omput¢TS wross the ￿hoolS. Our firsi cohon of children leaNiug Way of Salvation h&s gtaduated- their exam results on school were irnpressive with au Q￿didateS pa￿ltig in the lop 3 ￿¢$ alld we have been able to secure fill￿l￿g to enable them to continue their edU￿10n at s¢co]bJary kvcl. Rurol olldSou'olDevelopnKnt We IHve alwd}s fEIt strongly alxNJÈ thE ne¢yJ to help Iwaj wle to build sustainable small animal rearing businesse& iN)th toprovide an income for themselyes tbeir families but also io Sl￿W others what is possible. The WO￿ tsf D8n]alie Bisaso and her team OTh the Hope De1'elopEt￿t Project IMS been o￿tstandIng and has helped to ¢mb¢d the PToject tnto the locAI comTnunity. Our third cohort of participants started this year and the first group of leaders for the project in Nakaseke have been trained in Bombo alongside Cohort 3. Da)n21ie h&8 been tr￿nIng tbe partiopallts iu Life Skills . hygiene. The groups have also set up a Savings Cknb, svhich all colltribu*. aDd they welr generous enough to pay for Iwicb frorn the Club fjjnds for the Trustees visititig In the AutstD P'oe&lional Our focus th.is }'ear has been OD settiog up a tailoriDg centre to ￿lake utiifm gnd Thvrkwear. This project ￿ll11 provide skills aDd ewloyment iti the cOn￿lty. We have purchased son￿ sewiDg It￿¢bIneS and installed three phase in one of the buildings at Bombo. We have been ￿"orking the Uganda TailoTS Associati¢m take advaw of their knowledge at)d experbs¢ 2nd we hope for a pnthctive ielauoDship with tbem in tbe futtue. Page 4 Christian Rtstoration MiDiStries International Trustees, Report (continued) Tnuteu and Volunlee None of the work of the clmrity would be possible without the work of a18rge n￿nber of peopl4 both in the UK and b'gand I particu]aTly vwt to rnention our tean￿ in Uganda who have the day to day contacts in the communiry and who ar¢ tbe rnuch valued local face of the forpeoplewho are ollen iti difficulry. Their compassion and desire to help others are an exalnple to U5 all. Although they W￿la both feel uncomfortable about being praised or ¢elebratr(L the WOTk of ow Co-Dire¢tors, Juliet Burd and Gw)ny Tr￿. has been outsthnding. li undoubtedly helps that they get on extremely well amd have clearty defined rol¢4 but tb¢y bave worked tirelessly ts) zaise molley and sijpport ￿therable farnilies. W¢ owe them both a huge debt for their seifiess con)mitsneoL My thanks at80 to my fellow Tr￿e% bmg with them a buge amount of txperieDce and ￿￿Wledge iti specialist such as ¢ducauon ajyj mcdicinc. Th¢ TnIS￿ meet 4 till￿S a year tt> review OLW work and to platt for th¢ through ¢)ur detailed strdtegy plan for each a￿a of the ¢l)arity'S Wotk This ¢1￿￿¢8 that we direct our ]imited resources to the most appropriate areas and those which ￿11 have the gr￿les1 illtpacL Onc¢ a￿dI￿ we have all greatly benefitted from the weekly Zoom calls between the UK and Uganda teamg which nwiy of the Tn￿tee$ atteniL ￿though tbe iDternet coDlleL1ioDS ate not always he]pfiQ tbe conversations ar¢ always ￿alUable and help to 5treD8thttL dLe EElaU"0￿1FS beThve¢n a group of pwple all ￿Mmitted to the salne goals. (ally of the TTus*es were abk ￿ visit Uganda SepternFKr azmi October 2022. Forjnany of ￿ li was our fiTst isit 5￿Ce th¢ pa]thic. We receii'ed a very Wdtm welcome. as always, and Iiskted the projects ￿£ suppork identifjryDg ways in w'hich can make our help more effectiiE. All Tnjstees tsavel * their own expense, covering the costs oftheir ovffl fjigbts aTMI accom￿0d*10ll. We have underraken Jnucb fimdrnimg this yeAT. In Sep(enkn 20a7 . Dr Simojj Kaje (one of our Tr￿Stees) and his ￿llfe Pauline clirni*d Kilillmnjaro to rdise fimds to support the education of young medical professionals in U8artda, a subject very. ¢lose to their hearts. Throughout the yEar, GiTmy Trn¢y, one of our C(FDjreCt￿ b&5 been n￿ning a fjjlldraistt called Beds for Bombo. She and her son George spent 2 weeks in Ugallda sleeping on a tloor to experience first band what it ￿S like not to havt a bed. It was a very diffi¢ult experience. This project has 1￿c￿ eXtr￿elY w]cr￿fi]I and has led Gitmy to be able to deliver g) beds to families in need in Comm￿ltieS. These 2 fimdraising initiatii'es give an indication of how decply many feel atx)ut the importanc¢ of the worft in And finally. I WO￿ld Illte ￿ thank all of our many volwiteers and S￿r$ provide the fowthation of tbe cbarity's incoEne attd SUP1￿L Each atsl every sEN)ng)r is valued arjd appre£iated. We continue to believe in the ability of the ¢Trwity to inyove and trattsforni Iiv&s ID vulnerable conunllt)ities i Uwdnd4 and we will work hwdkn Continue WOTk. Finanii41 revie Income was llp from £270,904 last yeAr to £313.654 this year. Charitable expellses weEe also up from £283,503 to £302.440. This nwnt the charity had a srnall 5￿pIuS this )Thr of £1 1,214 (2022 - £12,599 deficit). Funds therefore incrt&sed from £47,632 to £58:840_ Of funds £40,313 were rethctrd leaTritsg £18,533 UDrestricted Page 5 Christian Restoration Ministries International Trnslees, Report (continued) Ptsliry on resepve$ Th¢ reserv¢ policy is to protect the chatity agaI￿￿t drop5 iu illcoffle 50 that its tuaiD al￿S cotl Still be ￿1r￿ed. The trustees a￿e that the UK bank balance will be kept aknve the £41M)O. Strueturfy govtrnaDee m#ll*getDettt re ofgovernxng doewnent The cbarity was registernl oll 22 July 2(K)8 as att cbarity trosL Recrnithenl 4nd4ppoinlwnfofDy￿k¢ts CRMI thildr¢n of Hope is very fortw)ate to have a dedicated ar¥J skilled team of ¢ntstees. We actively seek trus*es with experience and skills wbicb aligll with the 3Ctivitie5 of the cbarity., e.g. educatio￿ Tn¢dicine aNI n]tal development alongside other mor¢ gewal skjlls in busine&s, marketing atMI fiDaDCe. Tntsttts generally have a con1￿CtiOn with the charitv Prior to being appointPAL HO￿ever, all m]stees are given an overview of the history. key roles and respotmbilities as well as details of all the different aspects of the chaTity'S work Most trn5rees ￿ve visited the ￿ork in Uganda and aTe encouraged to do so to keep them date with the progttss thai is being made andTLiUture relatioTLships the UgdTJdan tearn. FiuJnEi8] in5trum¢llts Objeclives andpdwies The charity's activities exp(w it to a nwnber of financial risks including credit risk. cash flow risk and liquidxty risL The cbarity does not use derivative fillallcial lll5tr￿ts. C&fhJlow risk The cbarity's activities expose It Pri￿m￿lY to tbe finwial risk5 of ckng¢s foreign curr¢n¢y exchange rates and interest rates. The cbarity receives rEY)St of its inco￿¢ ill stei]ill¥ alld does uothold foreigu cutrellcy. Cr¢dtsrtsk The charity's prillGipal fiDallGiai &ssets are bank balaDC￿ and ￿5b and aid r￿clYabl¢. The dEarity's Credit risk is thtrefore low. Liquidity risk In tsrder to tnatntsin liquidiry to eLwrE sufficient fi￿dS are avai]able for ollgoing operdtions aad futur¢ developments. the cban.ty ain]s to nuintain more than £4.0(M) in the charity ballk accoullts. Th¢ allnual report was appKDvcd by tbE tnkn ofthe chaTity on 30 October2023 and 5igDed otl its behalfby. P D Gregson Page 6 Christian Restoration Mini5trles InternatloDal Statement of Trustees, ResponsSbilities The tr￿Ste¢S art responsible fOrE￿ing the mLSttts' re￿)rt and the financial #aternents in accoTdancc with the United KitigdO￿ Accoullting Stalldards Iullited KÉllgdom Generally Accept&l Accountitig Prnctice) and applicable law and regulatiO￿S. The law applicable to cbarities requwes the Iwsttts to prepare fu￿¢la1 statemeDts for each ruw￿121 year which gnve a true alld fair wew of the slate of afhiTS of the charity and of the incoming resources and application of resources of the chan.ty for thai period. In prepanng these ￿t￿lle1a1 ststen)enK the trnstees required to.. Select 5Uitable accouTthng policie5 and then appl) thern coD5iStendr, obscrye tbe metlK)ds a[￿ priuciple5 in tbe Charities SORP: Ike jud(weTneuts aud estimates that are r￿￿Onable and pn￿e￿i state whether applicable aecounting sts￿rds have been folkbvrt subjea to any Tnatrrial departures dis¢losed and explawed iti the fiÈwicial ststrments" and prepare thE fillancial stateTnents on ￿ going concern b&si5 unles5 it 15 inappTopriate to Pvesume that the charity will ¢Olltinue in business. The trÈtsÉees rt¥pon4l>lc r￿keepI￿g proper accou￿ill8 rccords that disclose with Trsonable a￿U[8¢Y at any time the financial position of the charity and enable th¢m to ensllre that the fiDanci81 statements comply the Charities Act 2011. the Charities (Accoutts and Rey)rts) RegulatiOT]5 2W8. and the proTrisiO￿ of thg ¢onstitution. The tn]5tees are ￿$0 responsThi le for safe8thing the assets of the charity and henee for tsk2n8 r¢asonable steps for the prei"enti(Trn and detection of frdlld and oth¢r irregularitie5. The tn￿leeS are responsible for the mainte￿2￿ce and integrity of the c your exati)iner be a member of a body listed In section 145 of the 2011 ACL I confjrm that l am qua]tfied io wid¢rtak¢ th¢ exanjination because I aD) a mernbtr of ICAEW, which is olle oftbe listed bodies. I hav¢ con)pleted my examination. I Confi￿ no n>terial )natters bave eonje to my att2ntion in cojmection th the exaTniTration rne cause kn believe that in any material respect. l. accounting records Brre not kept in ￿Spect of christy￿ Restoration MinistrAes Internatiooal as req￿lre0 by section 130 of the Act. or 2. the accounts do not accord with those r{wr￿. or 3. the ac¢ounts do t￿[ ¢on]ply with the aecouDtillg reqUIreD)￿ concerning the form al￿ content of aceoutLts set out in the Charities (Accoullts and Rew>rts) Regulations 21M)8 other thav any requireTTfllt that the accounts give a 'twe and fair Vie￿ which is a mauer considered as part of an independent I have TEO concems and have come a¢Tf)&8 no other matters i* comiection the exajnitsation ¢0 M,hi¢h attention should be ttraW￿ in this repon ID order to enable a proper understar¥ling of the accounts to be reached. 14 M FlolTn¢s Bsc FCA ICAEth' Chartered Accountants & Statsrtory Audito Lo*ther fliwse Lowther Street KeJKlal LA9 4DX Date.. Page 8 Christian Restoration Ministrhes International Statement of Financial ACti￿tieS for the Year Ended 5 April 2023 Unrestricted Restrirted funds Total 2023 Nots Intome and EndoTrYments from: Donations and legacie5 Other trdding activities Totsl income 48,689 9,483 255.482 304,171 58.172 255.482 313.654 Expendityre on: RaisTng fimds Charitable activities (2.838) (3$ 901) (2.838) 299.602 {263.701) Total expenditure 138,739 1263.701) 1302,440 Net ncornel(expeI￿ltllre) Gross tralssfers between fimds 19,433 (17,054) (8,219) 17.054 11,214 Net movemeDt in 2.379 8,835 11214 Reconulixtion of fund5 Total fulld5 brought forw 16.1 31.478 47.632 Totsl funds ¢arried foT 14 18,533 40.313 58,846 Unregtricted funds Restricted fuDds Total 2022 Note Income and Endowmtnts from: DollatioDs al￿ legacies Other trading aCtI￿tIeS 48.276 6101 211.562 4.865 259,838 11.066 Total income 54.477 216,427 270,904 Expenditure om: Raising fw Charitabl¢ activitie5 {2,850) {17,614 (2,850) {280,653) (263,0?9) Tota] expenditure Net 7ncoTneJ(expertdTtU￿) GTOSS transfers betTr"een fiulds (20.464 (263.039 283,503) 34.013 (26.751 (46,612) 26.751 {12.599) Net movement in funds 7262 (19.861) (12,599) Reetrnciliotion of fwllds Total fi￿d9 brought fonvard 8.892 51,339 60,231 Tota] fuDds carried forward 14 16.154 31.478 47.632 All of the cljatity's activities derive from continuing operations during the APA)ve perI￿AS. The fimds breakdovrn for 2022 is To r￿e 14. The llotes on pages I I to 22 form all Inle￿ pan of t￿￿ fwallcial statellThts. Page 9 Christian Restoration MiDi5tries International (Registration number: 1125132) Balance Sheet as at S April 2023 2023 2022 Notr Current assets DebtOTS C&sh at bank and ia FArd 232(K) 36.609 21,173 28.501 12 59.809 49,674 Creditory: falling due within one year 13 (963) 58,846 11042 L et a5sel$ 47,632 Fllnd5 of tbe tbarity: Restricted illcome funds RestTiCted fimds 14 40313 31.478 Uttrestrieted itieome fuods tFJkrestricted 18,533 16,154 Total fulld5 14 58,846 47,632 The f]llaneial statements on pages 9 to ?2 were approved by the trnstres. and autborised for issue on 30 October 2023 and signed on their behalf by= P D Greg50n Tn￿e Tr note5 onpagcs I I to 22 fomi all panof these fu￿￿1￿1 slateuKJts. Page 10 Christian Restoration Ministries International Notes to the Flnan¢ial Statements for the Year Ended S April 2023 l A¢¢outttitt% policies StatemeDt of ¢omplian¢e The fina￿tal statements have been prepared in accord8￿ce with the accoikyrting policies set out in notes to thE ac£ourytS 2nd conjply the charity's 8Oitming documenL the Cknities Act 2011 and Accoulltitig and Reporting by Charitie%.. Ststernellt of Recommellded Prdctice appliuble to ¢1￿l￿e$ prepariDg their accowits in accorda￿¢ with the Fmancial Re￿[ting sta￿ applicable the al￿ Republic of Irela￿ publisbed in (ktober 2019. Basis of prepgr&tion C]]tistian Restordtioll Ministnes Intern￿O￿al ll￿ets the definition of a public bellefit etitity L￿￿er FRS 102. The accouots (fioaociai ststements) knave been prepared under tbe historical cost convention with itenLS iecognised at CD5t or tr?￿ctIOn value uDle&s otherwise sfated in the relevdllt note(s) to these accoullts. GoiDg coneern The tnjstees consider that there aTr no rnalen￿ urn¢en￿e$ about the c]witys ability to colltitiue as a going cono¢rtL Income and endosv]lleBt5 Voluntary incorne inc]￿ling dimation4 &ft% Icgacies and grants that provide core fiMdi￿g or are of a general llattwe is recogojsea wben the cljafity has effiillen￿ftll ￿ Ihe 5ncon￿, it is probable that the income will be received atMI the amouDt can be rnt85￿red with sufficient reliability. Don￿10Th5 uRdlegacies Donations and legacies are Kecogllised on a r￿e1vabLe basis when receiw is probable arKI the anymurt w be reliably measured. Grnllts rece¥Mble Gra[￿ are reco￿￿ ised v4hell the clwity ba5 an elltit1e￿ent to the fuTLds and aDy COllditioDs liDked to the ￿allt5 have been met. Where perfom)an¢e Conditio￿ are atsacbed to the grant and are yet to be me4 th¢ in(x)tt)e is recogDised as a liability. aud illcludcd on the ba]allce sbed as defared illcome to be tele&s&L Expenditure All expenditure is recogoised once there is a legal or co￿￿tiVe obligation to that expe[￿lture, it is probable settlernent is required alld the be n￿Sured reliabl). AU costs are allocated to the applicable expenditure headiug that aggrtgatr Si￿11ar c(K%ts to tbat category. Where costs camot be direC￿Y attributed to paniculor beadings they have been allO￿ted on a basis consistent ￿1th the use of resources: with central staff costs allocated on tbe b&sis of tA]ne spettL alld depreciation c]]aroes allocaled on the portion of the asset's usc. Other support costs are allocated based 00 the spread of skff costs. These are costs illcurred in attwting voluthy iDcome. & maDag¢tlleDt of invcsttneuts aul those Éllcutred in trading activities tbat rdise fill￿5. Pag¢ 11 Cbristian Restoration Ministries International Notes to the Financial Statements for the Year Ended 5 April 2023 (continued) Charirable expenditure comprises thos¢ costs incurred by th¢ ¢harity the delivery of its artTrvitie$ 2nd services for its b¢ntficiaries. It includes both costs thai ￿ b¢ alloe2ted directly to such actii'ities and tbose costs of an indirect nature Deces5ary to SUPE￿1 tbellL Support costs Support costs incI￿￿e ¢entr81 futjctions and have been all￿ated to a¢tivity cost cate¥ories oll a basis co[L5]S￿llt Ith the us¢ of resources, for ¢xatnple, alloLating property costs by fl(K)r aw or per capiK stslTcDsts by the ti￿C spent alld other costs by their GovernaDce eosts These include the Costs attributable to the c]wity's con)piiaJxce with cimstitutiollal and ststutory Tequiremenr8, in¢luding audiL strat¢gic ll￿ag￿t aud tr￿Sle¢S ￿￿etill&S aud reiujbursed expellses. Taxation The cl￿rity is considered to pass the tests sd out iti Paragrdph I Schedule 6 of the Fixwice Act 2010 and therefore it meets the defjniuon of a ¢lwitable ¢ompany for UK 4wora¢ion tsK purposes. Acconlingly, tbe cjtstity is potentially exempt froÈn tsxation in wct of income or capital gains received within categories covered by Chaplcr 3 Part I l of thc CorpordtioD Tax Act 2010 or Section 256 of the T&xatioll of Cbar8eable Gains Art 1992. to the extent that such illcome or gains aFe app￿"ed exclusiiely to charitsble pwposes. Trade debtors Trade debtors are aD￿nts due from cwstotll¢rs for mucbarylise fJ)Id ￿ %rvices Perfont￿ in tILe 0￿]￿?￿ course of business. Trade debtors are TEc0￿1$¢d initially at the transaction pice. They ate subsequerttly measwed at amortised Cost ussng the etTective interesi method. less provision for i)]y8irmenL A provision for the irnpairnmrt of trade deb￿r5 is e5tabli5bed when tb¢re is objtttive Nid¢n¢e thatth¢ charity will not be abk io co]lect all a￿oUnts due according to the OrigDal ter￿S of the receiYabl& Cash and cash eqwvaleDts Cash and cath ¢qUI￿al¢ll￿ compri* rath on hand arKi call de[￿}51￿ and other 5hort-tenn bighly liquid ittvesttt￿llts tlmt are Teadity converttble ro a known amoullt of cash at¥J are sllbj￿t w an insigD]ficant risk of ciMig¢ in v21ue. Fund $tructhre uJJr¢Stri￿d incorn¢ funds g¢lle￿I fillK15 that are mi]abk for use at the trostr&% discretion iti fjJrtheratt¢e of the objectives of the chariN'. Restricted inco￿¢ funds are those donakd for ￿e ill a p￿icUlar area or for specifi¢ pwposes the use (Trf which is restricted to that area or purFW. Page 12 Christian Restoration MiDistrAes International Iyotes to the Flnancial Ststements for the Year Ended 5 April 2023 (continued) Penslons and other retirerneat oblytiDDs The ¢barity operatrs a def￿ed contribution pen5ign schell* wbieh is a pension plan under wbicb r￿ed ¢ontributiOnS are paid into a fU￿d aJ¥J the chatity bas Jw legal or cons1￿￿Tre obligation to pay further contsibutions even if the fiuMI does not hold sufficient assets to pa}, all employees tbe benefits relatiou to eojployee service ill the Current alld pERor periods. Conttibutions to defi])ed contnThution plarLS are recogtllsed in the StatellKut of Fillallcial Actiiitieg when they are due. tf ¢ontribution paY￿ellts e.Kceed the conttibutioll due foi serrice. the excess ts recO￿lS¢d as a pr¢paym¢nL C1￿￿lfIe￿ao￿ Financial assets and fillallcial ]iabTrliti&S are reco￿]Sed when the ¢l)arity bwonxs a paty to thc contract￿1 provisions of th¢ lnstnm￿th. Financial liabilities and equity are Classifi￿ ac￿rdINg to the substance of the C4)ntrdett￿] 8rrdngements entered into. An equitr). insmllnent is any contrdct that evidences a residual interest ill the ￿e¢S of the charity after deducting all of its Ikabiliti&%. Recogntlion meosmrememt All finan¢ial assets and liabilities aTE inittally TTteasllred at trav￿a￿]0ft price {7￿clUding tra￿ctiOn costs), exccpt for those financÈal assets classified as at faÈr ialue through profil or loss, whieh are initially measured at fail Ixlue (which is norn*lly the transaction pric¢ excluding tratt5action ¢(￿ts). unless the arrangement constitiites a ru)aucing tEallsactiorL If an a￿ement CODsli￿leS a fitwicsng trwJsactiO￿ the financial asset or finaTkcÉal liability i5 measuTed at the prtsent value of the future pa￿nents discounted at a TnaTkEt Tate of inteffst for a similar debt instrwnenL Financial ass¢ts and liabilities are only offset in the stateme7]t of financial position Hthcn. and only wh¢n there exists a legally Enforccable Tight to set off the recogtiised atnounts and the Charity. intends eithu to settle a net b￿18, or to realise the asset and settle the liability siJnultsneous1y. Financial assets are derecognised wben aDd onty when a) the ￿￿traC￿jaI rkgbts to the cash flows from the fJnaa¢ial a&set expire or are sertled. b) the EbaTity traTLsfths to another party substantially all of the risks alld ¢y retsi[￿1 son￿. but not alL rewards of 0￿￿e￿bip of the finatt¢ial or c) the charity, despite havin. significant risks and re￿￿d5 of ownership. h8S transferred control of the asset ro anoth¢r party.. Financial ]iabilities are derecognised only when the obligation specified in the corttrxt is disc]￿, cancelled or txpires_ Page 13 Christian Restoration Ministries International otes to the Finaneial Statements for the Year Ended 5 April 2023 {continued) 2 1￿COMe from and lega£ies rwids Genernl Restricted ds Tot•] 2023 DonatioDs and le8aeie5' Donation5 froFt] individuals Gift aid reclaimed Grants. ill¢luding ¢apital grants" Grants from other cbarities Regular giving and Capital don￿l00S 25.981 3532 25.981 35.314 31.782 50.LM)O I73,7￿} 50.000 192,876 19.176 48.689 255.482 304.171 f￿ndS Gelleral Restricted fu￿d& Totsl 2022 Dortatioms and legaeies. Donations from iNdiwduals Gift aid r¢clairtted Grallts, including capÈtal Wdnts: Grallts from otber cljarities Regular giving and Capital dorAtions 28.283 15,W3 28,283 34,058 19.055 30.￿￿ 162,507 30,000 167,497 4,9 48.276 211,562 259.838 3 Income from other trading *ctivihes fllllds G¢neral Restricted Totsl fuuds Local fijndyaising and street collection tncome 9.483 9.483 Total lor 2023 9.483 9.483 Total for 2022 6201 4.86) 11,066 Page 14 Christian Restoration Ministries Internatiojjal Notes to the Fffinancial Statements for the Year Ended 5 Apri12023 (continued) 4 Expenditure OD raislng fumds 8) Costs of genergting donation5 aDd legacies Unrestricted Dds Ceneral Total ds ,Ntarketitig and publicity 2.838 2,838 Tfjtal for 21123 2,838 2,838 Total for 2022 2.850 2.850 5 EXpenttlts￿ eh*rithble %llwi¢i Lnrestrlrt&1 funds GeD¢rnl Restrieted fuThds Tot*1 2023 Sch(K>]s Fees aud pupÉl supwzt Schoo]s Building Projects Schoo]s running cos Social Ho￿siTI& COTTuntsnity and njral development Trdv¢I and rnission Ugaryla Medical and disability Staff costs Allocated support costs Gov¢rnat)¢e Costs l65.820 6,163 26.333 165,820 6,163 26,333 16,709 5282 42,699 16,709 7.602 42,699 19.681 10,227 4,368 2.320 19.681 695 4J68 35.901 263.701 299,602 Page 15 ChristiaD Restoration Ministries International INotes to the Finaneial stateD￿llts for the Y&qr Ended 5 Aprfil 2023 (CODtlnued) funds General Restricted fwids Totgi 2022 Ntste Schools Fee5 aud pupil sUp￿rt Schools Building Projects Schools running cosls Social Flousin& cOnnn￿ll1ty and rutai development Trdvel and mi￿10￿ Ug8od8 edical and disability Staff w$ts Allocated sw)port eost5 Governance costs 110,582 16,464 25.208 110,582 16,464 25,208 38,783 7,085 49,833 12.057 3,027 38.783 7,085 49,833 17,306 8,322 7,070 5,249 5,295 7,070 17.614 263.039 280,653 Atlivity ttdertake Grant fundittg f attiyity A¢tivity support Costs 2023 sCh￿[s Fees andpupil swjport Schools Building Pmjects Scb(M)Is Stsff Costs st￿la1 Housiog, commutiity and nrdl development Travel and missioll Uganda Medical and disability Staff costs Allocated support eoms 165.820 6.163 26.333 165.820 6.163 26,333 16.709 5.28 42.699 16,709 7,602 42.699 19,681 14595 23?0 19,681 14,595 J20 299,602 Grnnt fllDding ofaetlvlry support tosts 2022 Schools Fees atyt pupil s Schools Building Projects SCh￿)Is Stsff Costs Social Ho￿l￿g, community aTMI rural developnKnt Travel aDd ￿15s[0￿ Ugallda Medical and disabiliry Staff costs Allocated 5UPPOrt costs 110.582 16,464 25,208 38.783 7.085 49,833 110.582 16,464 25,208 38.78i 7.085 49,833 17,306 15.392 17,306 15.392 247.955 32.698 280.653 Page 16 Christian Restoratioll Ministries International Notes to the FRnan¢ial Statements for the Year Ended 5 April 2023 (continued) 6 All￿y51$ rfgoverlw￿e and support costs GOVern￿let costs nre5tri£¢ed funds Genergl Total 21123 IndepeDdellt eKallLiner fees Examinatloll of the financial stat¢rrKnts Legal and professkonal f¢¢s 1,013 3,355 1.013 3,355 4,368 4.368 UpTestrieted funds General Totsl 2022 Independent exa￿1￿￿ fees Exa￿1￿#￿0￿ of the fttwicial staterrtnts Lesal and pmfessiojjal fees 1299 5.771 1299 5.771 7.070 7,070 Page 17 Christian Restoration Ministiies Internation21 Notes to the Financial Statements for the Year Ended 5 April 2023 (continued) 7 Trnstees remuneration and expeRse5 During the ytrdr the charity hijade the following Iransa¢lions with tn￿. J Burd J Burd re¢eived re]nuttetstton of £10.080 (2022.. £10.080) duriDg the year. J Burd is UK Executive Director as wtll as beiDg a trustee and is paid ID that capacity. In¢lllded in remwierdtioft paid swas £480 paid tnto a defined contribution pension ￿herne. No tr￿￿te¢S haTr'e received any reimbursed expenses orany other benefjts from the Chariry during t￿ year. 8 Staff costs The awegat¢ payroll costs We￿ &5 follows: 2023 21122 Staff costs during the vearwer Wages and salaries Pension costs 19201 480 16,826 480 19.681 17,306 The monthly alerage number of persolls (Tncludtng senior rnanagement J l¢adership team) employed by the Ch￿lty during the year expressed &s full tim¢ eqUi￿alents T*￿ as follows.. 21123 2022 No Employees 1 (2022- 11 of the above employe&s participat￿1 in the Defined Contiibution Pension Schemes. CootiibutioDS to tbe employee perksion schemes for the year totslled £480 (2022- £480). No employce received ern0lu￿ents of more than £￿,(KKI during the year 9 IndependeDt e￿mine￿3 remuDerxlAo 21123 21122 EXa￿]natiOn of tbe f￿anCIal statem 1.013 1299 Page 18 CIEristian Restoration Ministries International Notes to tbe Financial s¢￿ten￿nts for the Year Ended 5 April 2023 (continued) 10 T*xation The ¢lwity is a registered charity attd is therefore exempt from taxatiorL 11 Debtors 2023 21J22 Accrned in¢oJne 2i2( 21,173 12 Cash and cash eqnivalents 21123 2022 Cash at bank 36.609 28,501 13 Creditors: an￿￿nts r￿lIng due within one year 2023 2022 Other creditors 960 2.041 963 2,04? Page 19 Christian Restoration Ministries International Notes to the Financial Ststemellts for the Year Ended 5 April 2023 (eontinued) 14 Fvnds Bala*ee at 6 April 21122 Ineomin% rewurces Resotsrees expended Bal*￿ee #t 5 April 2023 Tr&nsfer Uttrestri¢t¢d fuDds Geneml UDrestriCted ful 16.154 58.l72 (38,739) (17,054} 18533 Restricted funds Bllilding School Si DevelopTYKnt fund Hope DevelopllTht attd Rural bjlld School project S￿Ort furrfl Overhead fund Child Sponsorship ftmd Partner team and aduli Testricted fiwd Medical KiliTTwijaro vo fLmd Social Housing aDd Coujmullity fill Social and Disability fund Gift aid on restri¢t¢d dtsnaiioLs Medival fill Vocational and EnterpTiSe Futtd 25 (2.578) 78 2227 10.092 5.419 {11361) (2,940) 42 12.479} 13.596) 32.917 3.596 404 134.323 (167.644) 2,934 126J32) 23J98 6.l96 112431 13.433 4.658 38,IJ03 (4.727) 131.997) 69 (6) 19,055 35.314 10.622 (33,489) 51 20,880 {10.673) 3,137 (3.206) 69 Total restricted 31.478 255,482 (263.701) 17.054 40.313 Total fund5 47.632 313,654 1302.440) 58.846 Page 20 Christian R¢storation Ministries InterDatioDal Notes to the Finanei21 Statements for the E￿ded 5 April 2023 (continued) At 6 I1￿￿￿1￿g Restsurees Aprll 2021 re￿￿reeS eypended B*lxtsce at 5 April 2022 Transfers UTrrestricted fund$ Gemernl Unr¢stri¢ted furrfjs 8.892 54.476 (20.463) (26.751) 16.154 Restricted Building Scbool Site DevelopTrMt fund Hope Development and Rural filad School project support fiubj Overbead fi￿d Child SponsoTship fi￿MI PaTt[￿ tealn aDd adult tricted fLU Medical Kilimanjaro voc fund Social Housing a￿{ Comttwnity fi￿d Social a[￿ Di5abilitY )Imd Gifl aid on restricted dojjations Medical fllTJd Vocational and Enterprise Fund 14,999 40 (16.864) 1.825 io.( 5.0(Kl 7.5(K> 8.856 (16,629) {29.733) (13.904} I79,￿)@ 2227 2.641 io.o(K) 112,619 3,596 404 (33,209) 3.681 (28,549) 24.868 6,196 6.196 5,540 13.089 (9.C (44.391) 3.466 31,30ry 13,840 19,055 5.307 113,840) 1.357 19,05K (6,6&4) 9.952 (18.293) 8.341 Total rEStrf¢ted fvnds 51.339 216.427 {?63,039) 26,751 31.478 Total fullds {?83.502) 47,632 15 AD&tysi$ ofnet a8gets between fuDds Lnre5tricted funds Genernl Total fvnds at 5 April 2023 Restricted funds Current assets Current liabilities 19.496 (9631 40J13 59.809 {963) Totsl a&s¢ts 58,846 Page?[ Christian Restorntion Mlnistries InternationaR Notes to the Financial Statements for the Year Ended S April 2023 (continued) Unreslrieted funds Tot41 fvllds *t 5 April 2022 Re5tiicted Current assets 18.196 {2.042) 31.478 49.674 (2,0421 cU￿￿t liabilities Total net assets 16.1_ 31.478 47,632 16 Related party transactions During the year ￿ Chariry made the following related pary transactions". Juliet Burd (Apart from th¢ trdn&Ytions already dexribed in Note 7. ther¢ Th) oth¢r related party trdnsatti¢)ns.) At tlLe balattce sheet date tbe alnount thie tolfiom Juliet Burd £Nil (2022- P4il).