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2021-03-31-accounts

THE INTERNATIONAL DELIVERANCE SANCTUARY REPORT & ACCOUNTS 31 MARCH 2021

Index

Legal and Administrative Details 1
Trustee’s Report 2
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9

LEGAL AND ADMINISTRATIVE DETAILS

Trustees/Trustees: Jessica Griffith

Grace Fagan Winsome Campbell Teddy Dixon Darren Farquharson

Registered charity number:

Date of charitable registration:

1127157 11 December 2008

Registered address:

8 Palmos Road Leyton London E10 7JF

Governing Document:

Constitution adopted 2[nd] December 2007

Bankers:

HSBC Bank Plc 192 Hoe Street Walthamstow E17 4QN

Donations may be sent to the registered address.

1

THE INTERNATIONAL DELIVERANCE SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and accounts for the year ended 31[st] March 2021. The accounts have been prepared in accordance with the accounting policies set out in the attached pages and comply with the Charity’s constitution, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued in March 2005. The report takes account of the requirement for Trustees to report annually on public benefit and the Trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, governance and management

Governing document

The International Deliverance Sanctuary is a charitable unincorporated organisation which was set up under a constitution adopted on 2[nd] December 2007. It became a registered charity on 11[th] December 2008.

Recruitment and Appointment of Trustees

Under the requirements of the constitution the members of the trustee board are elected by the members to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.

The Trustee Board seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. To enhance the potential pool of Trustees, the charity has, through selective advertising and networking with voluntary organisations active in the sector, sought to identify those who would be willing to become members of the charity and use their own experience to assist the charity.

Trustee induction and training

Many trustees are already familiar with the practical work of the charity having been involved in other capacities or because of experience gained in their own churches or other organisations.

New trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. These cover:

2

THE INTERNATIONAL DELIVERANCE SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Organisational structure

The Trustees, as Charity Trustees, are responsible for the management and Administration of the Church's property and funds in accordance with the constitution.

The trustees agree the broad strategy and areas of activity for the charity, including consideration of the making of gifts and donations, investment, reserves and risk management policies and performance. Trustee meetings must be held at least four times a year.

Risk management

The trustees actively review, on a regular basis, the major risks that the charity faces and a risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects

The trustees have also examined other operational and business risks which we face and confirm that they have taken steps to mitigate the significant risks.

Related parties

Our principal partner is a fellow charity, The Assemblies of God which shares our Christian beliefs.

Objectives and activities

The objectives of the Church are:

3

THE INTERNATIONAL DELIVERANCE SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance

Within the UK we have not been able to carry out all of our planned objectives as these are largely dependent on the charity finding a suitable accommodation. Our pipeline of objectives includes the opening of a day centre for the elderly and to run alongside it a drop-in centre for the youth of our community. We continue to actively seek to purchase a suitable property.

Our activities have been curtailed this year due to Government restrictions brought in to combat the Covid pandemic. Wherever possible, we have continued to offer services online and by telephone.

Financial review

Principal funding sources

General offerings and tithes from members of the congregation provided the main source of income for the charity.

Reserves policy

The trustees have forecast the level of free reserves, (that is, those funds not tied up in fixed assets or restricted funds); the charity will require to sustain its contracted operations to completion. It has established a policy whereby the unrestricted and restricted funds not committed or invested in tangible fixed assets held by the charity should be between 6 and 9 months of the expenditure. These reserves are needed to meet the working capital requirements of the charity and the Trustee Board is confident that at this level they would be able to maintain continuity of the current activities of the charity in the event of a significant drop in funding.

Investment policy

The trustees have adopted a strong socially responsible investment policy for the reserves of the charity. This policy, in tandem with the need to fulfil our statutory obligations, has the objective of investing in such a way that the principles of socially responsible investment are promoted. A further factor is the need to have ready access to our reserves as long-term funding cannot be guaranteed, so for the foreseeable future, we expect to utilise the deposit and treasury service provided by our bankers.

4

THE INTERNATIONAL DELIVERANCE SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Public benefit

In planning our activities this year we worked in accordance with the Charity Commissions guidance on public benefit. We exist to serve all eligible claimants in our community without discrimination and without distinctions of sex, political or religious beliefs. We strive to promote welfare and cohesion through the provision of responsible advice so improving the mental and physical wellbeing of our local community.

Statement of trustees' responsibilities in respect of the accounts

Law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing those accounts, the Trustees are required to:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and enable them to ascertain to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity’s website.

By order of the Trustee Board dated 10 June 2021

Jessica Griffith Trustee

5

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE INTERNATIONAL DELIVERANCE SANCTUARY

I report on the accounts of the charity for the year ended 31[st] March 2021, which are set out on pages 7 to 10.

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:

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or

  3. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

P. D. Clark Independent Examiners Mill Lane, HU16 5PS

10 June 2021

6

THE INTERNATIONAL DELIVERANCE SANCTUARY STATEMENT OF FINANCIAL ACTIVITIES

[incorporating income and expenditure account] For the year ended 31 March 2021

2021
Continuing activities
Notes
£
Incoming resources
General offerings
30
Gift Aid contributions
30,880
_
30,910
Other incoming resources
Donations and other income
-
_
30,910
Resources expended
3
Direct charitable expenditure:
26,000
Governance costs
1,870
_
27,870
_
Net incoming resources for the year
3,040
Fund balances brought forward
150,361
_
Fund balances carried forward
153,401
_		 2020
£
1,474
35,696
_
37,170
9
_
37,179
30,955
1,869
_
32,824
_
4,355
146,006
_
150,361
_

There are no designated or restricted funds associated with the charity

7

THE INTERNATIONAL DELIVERANCE SANCTUARY BALANCE SHEET As at 31 March 2021

2021
Notes
£
Current assets
Cash at bank and in hand
147,548
Prepaid and accrued income
6,123
_
153,671
Creditors
Amounts falling due within one year
Other creditors
4
270
_
_
Total liabilities less total assets
153,401
_
Funds
Other charitable funds
5
153,401
_
153,401
_		 2020
£
143,887
6,744
_
150,631
270
_
_
150,361
_
150,361
_
150,361
_

These accounts were approved by the Board of Trustees on 10 June 2021

Pastor Jessica Griffith

Trustee

8

THE INTERNATIONAL DELIVERANCE SANCTUARY NOTES TO THE ACCOUNTS For the year ended 31 March 2021

1. Principal accounting policies

The financial statements have been prepared in accordance with the Charities (Accounts and Reports) regulations, the Statement of Recommended Practice, Accounting and Reporting by Charities 2005 and with the applicable accounting standards.

b) Income

The major sources of income are from donations, offerings and deeds of covenant. All non-investment income is shown gross and is accounted for when received by the charity.

c) Taxation

The charity has received charitable exemption under Section 505 of the Income and Corporation taxes Act 1988.

2. Constitution

The International Deliverance Sanctuary is a charitable unincorporated body registered with the Charity Commission for England and Wales.

9

THE INTERNATIONAL DELIVERANCE SANCTUARY NOTES TO THE ACCOUNTS For the year ended 31 March 2021

3. Resources expended
2021
Direct
Governance
Total
charitable
£
£
£
Staff
Pastor's expenses/honoraria
7,000
-
7,000
7,000
-
7,000
Office
Rent and hire
19,000
1,000
20,000
Postage and stationery
-
-
-
Sundry
-
-
-
19,000
1,000
20,000
Professional and financial
Accountancy and bookkeeping
-
870
870
-
870
870
Gifts and donations
Gifts and donations
-
-
-
-
-
-
Church
General church expenses
-
-
-
-
-
-
_
_
_
26,000
1,870
27,870
_
_
_
2021
4. Creditors
£
Amounts falling due within one year
Accruals
270
_
270
_		 2020
£
7,960
7,960
23,260
334
105
31,659
947
947
100
100
118
118
_
40,784
_
2020
£
270
_
270
______

5. Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

10

THE INTERNATIONAL DELIVERANCE SANCTUARY GRAPH SUMMARIES For the year ended 31 March 2021

----- Start of picture text -----
180000
ANNUAL TRENDS
160000
140000
120000
100000
80000
60000
40000
20000
0
2014 2015 2016 2017 2018 2019 2020 2021
Income Expenditure Net surplus/deficit Net assets (funds)
35000
EXPENDITURE
30000
25000
20000
15000
10000
5000
0
2015 2016 2017 2018 2019 2020 2021
Office Professional and financial Gifts and donations Church
[oy] 7
----- End of picture text -----