2020-10-31-accounts - Bushfire Ministries International

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED COMPANY NUMBER: 06778181 (England and Wales) REGISTERED CHARITY NUMBER: 1128122

Report of the Trustees and Financial Statements for The Year Ended 31 October 2020

For

Bushfire Ministries International

Contents of the Financial Statements For the Year Ended 31 October 2020

	Page
Reports of the Trustees	1 to 3
Independent Examiners Report	4
Statement of Financial Activities	5
Balance Sheet	6 to 7
Notes to the Financial Statements	8 to 12

Bushfire Ministries International

Report of the Trustees For the Year Ended 31 October 2020

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06778181 (England and Wales)

Registered Charity number

1128122

Registered office

427 Halifax Road, Sheffield S35 8PB

Trustees

Mr A C Tiplady Mrs D H Tiplady Mr A Blundell Mrs C Johnston Dr Ian Grant (Chair) Mrs D Grant

Company Secretary

Mrs D H Tiplady

Independent Examiner

C Jackson, 2, Raisen Hall Place, Sheffield S5 7LZ

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

continued…

Page 1

Bushfire Ministries International

Report of the Trustees

For the Year Ended 31 October 2020

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have paid due regard to the Charity Commission’s general guidance on public benefit when reviewing the charity’s objectives and in planning its future activities. The charity’s objects are:

To advance the Christian faith in accordance with the Statement of Beliefs in the Schedule, here to attached, in such ways and in such parts of Sheffield, the United Kingdom, or the world as the Trustees may from time to time deem fit.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of Sheffield, the United Kingdom, or the world as the Trustees may from time to time deem fit.

Project mission statement: Bushfire Ministries operates to engage with people of all ages and backgrounds, to promote their physical, mental and spiritual wellbeing and life prospects through fellowship, activities, training and courses.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

During the year ended 31 October 2020, this being the completion of the charity’s twelfth year as a charitable company limited by guarantee, the charity has:

Welcomed two new Trustees to the charity on 1[st] August 2020.
Provided training through teaching, conferences and weekly meetings to advance the Christian faith and to release individuals into their full potential.
Opened a community gospel choir and hosted an evening concert for local community.
Adapted meetings and conferences to work around the Covid-19 government restrictions, moving all meetings to Zoom and Livestream.
Provided technical online access assistance to those within Bushfire fellowship who wished to participate with meetings online.
Funded a Knife Amnesty Bin placed on Bushfire’s external premises, working with local volunteers.
Further supported seven poverty-stricken children of Metro Ministries in Kenya.
Began funding a feeding programme in Melville, South Africa for families without food during the pandemic lockdown.

Page 2

continued…

Bushfire Ministries International

Report of the Trustees

For the Year Ended 31 October 2020

FINANCIAL REVIEW

Investment policy and objectives

The twelfth year as a charitable company limited by guarantee has seen the charity:

Maintain monthly support to poverty-stricken Kenyan children
Open a Community Gospel Choir open to participation from all backgrounds, hosting a concert.
Facilitate autumn conference with international attendees
Provide support to individuals experiencing financial hardship
Maintain the rental fee for the hire of the Bushfire building
Maintain the basic part-time salary of senior leadership
Invested into the regional community by facilitating training provided by international speakers

FUTURE DEVELOPMENTS (FOR THE THIRTEENTH YEAR, NOV 2020 – OCT 2021)

The charity plans to:

1. Continue to train and equip people through teaching, conferences and regular meetings to advance the Christian faith and to release individuals into their full potential.

2. Train and equip new leaders to facilitate a youth ministry, working with other local volunteers.

3. Progress the Sheffield-based campaign to reduce violent knife crime amongst the youth.

4. Further support the poverty-stricken children of Metro Ministries in Kenya, the families and orphans in South Africa.

ON BEHALF OF THE BOARD

Dr I R Grant – Trustee, Chairman

26 July 2021

Page 3

Independent Examiners Report to the Trustees of Bushfire Ministries International

I report on the accounts for the year ended 31 October 2020 set out on pages five to twelve.

Respective responsibilities of trustees and examiner

The charity’s trustees (who are also the directors for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Examine the accounts under Section 145 of the 2011 Act.
To follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5) (b) of the 2011 Act); and
To state whether particular matters have come to my attention.

Basis of the independent examiner’s report

My examination was carried out in accordance with the 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 these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation from you as 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 statements below.

Independent examiner’s statement

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

Which gives me reasonable cause to believe that, in any material respect, the requirements
To keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
To prepare accounts which accord with the accounting records, comply with the accounting requirements of Section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr Chris Jackson

18 July 2021

Page 4

Bushfire Ministries International

Statement of Financial Activities

For the Year Ended 31 October 2020

		31.10.20	31.10.19
		Unrestricted	Unrestricted
		Funds	Funds
	Notes	£	£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income		69,329	42,253
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income		32,460	29,004
Charitable activities
Overseas mission		3,726	6,824
Internal mission		17,800	17,086
Governance costs		313	313
		--------	--------
Total resources expended		54,299	53,227
		--------	--------
NET INCOMING (OUTGOING) RESOURCES		15,030	(10,974)
RECONCILIATION OF FUNDS
Total funds brought forward		29,975	40,949
		--------	--------
TOTAL FUNDS CARRIED FORWARD		45,005	29,975
		=====	=====

The notes form part of these financial statements

Page 5

Bushfire Ministries International

Balance Sheet

At 31 October 2020

		31.10.20	31.10.19
		Unrestricted	Unrestricted
		Funds	Funds
	Notes	£	£
FIXED ASSETS
Tangible Assets	4	7,988	7,812
CURRENT ASSETS
Debtors	5	0	0
Cash at bank	6	37,117	22,263
		--------	--------
		37,117	22,263
CREDITORS
Amounts falling due within one year	7	(100)	(100)
		--------	--------
NET CURRENT ASSETS		37,017	22,163
		----------	--------
TOTAL ASSETS LESS CURRENT LIABILITIES		45,005	29,975
		--------	--------
NET ASSETS		45,005	29,975
		=====	=====
FUNDS
Unrestricted funds	8	45,005	29,975
		--------	--------
TOTAL FUNDS		45,005	29,975
		=====	=====

The notes form part of these financial statements

Page 6

continued…

Bushfire Ministries International

Balance Sheet - continued

At 31 October 2020

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

a) Ensuring that the charitable company keeps accounting records that comply with sections 386 and 387 of the Companies Act 2006, and
b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Trustees on 27 July 2021 and were signed on its behalf by:

Dr I R Grant – Trustee, Chairman

The notes form part of these financial statements

Page 7

Bushfire Ministries International

Notes to the Financial Statements

For the Year Ended 31 October 2020

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery etc.

25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable activities at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 8

continued…

Bushfire Ministries International

Notes to the Financial Statements - continued

For the Year Ended 31 October 2020

2. NET INCOMING/(OUTGOING) RESOURCES

Net resources are stated after charging/(crediting):

	31.10.20	31.10.19
	£	£
Depreciation – owned assets	1,953	2,249
Rent	18,523	18,000
Audit and accountancy fees	300	300
	=====	=====

3. TRUSTEES’ REMUNERATION AND BENEFITS

Remuneration of £19,502 was paid to two trustees working as officers of the charity for the year ended 31 October 2020 (£14,461 remuneration paid for the year ended 31 October 2019), but no other benefits were paid for the year ended 31 October 2020 nor for the year ended 31 October 2019.

Trustees’ Expenses

There were no trustee’s expenses paid for the year ended 31 October 2020, nor for the year ended 31 October 2019.

continued…

Page 9

Bushfire Ministries International

Notes to the Financial Statements - continued

For the Year Ended 31 October 2020

4. TANGIBLE FIXED ASSETS		Plant and
		Machinery etc.
		£
COST
At 1 November 2019		23,334
Additions		2,129
		--------
At 31 October 2020		25,463
		======
DEPRECIATION
At 1 November 2019		15,522
Additions		1,953
		--------
At 31 October 2020		17,475
		=====
NET BOOK VALUE
At 31 October 2020		7,988
		=====
At 31 October 2019		7,812
		=====
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.10.20	31.10.19
	£	£
Gift Aid due	0	0
	--------	--------
	0	0
	=====	=====

Page 10 continued…

Bushfire Ministries International

Notes to the Financial Statements - continued

For the Year Ended 31 October 2020

6. CASH AT BANK

	31.10.20	31.10.19
	£	£
Current account	36,421	20,000
Internet account	696	2,263
	--------	--------
	37,117	22,263
	=====	=====
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.10.20	31.10.19
	£	£
Other creditors	100	100
	=====	=====

continued…

Page 11

Bushfire Ministries International Notes to the Financial Statements - continued

For the Year Ended 31 October 2020

8. MOVEMENT IN FUNDS

8. MOVEMENT IN FUNDS
		Net movement
	31.10.19	in funds	31.10.20
	£	£	£
Unrestricted funds
General fund	29,975	15,030	45,005
	--------	--------	--------
TOTAL FUNDS	29,975	15,030	45,005
	=====	=====	=====
Net movement in funds, included in	the above, are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	69,329	54,299	15,030
	--------	--------	--------
TOTAL FUNDS	69,329	54,299	15,030
	=====	======	=====

Page 12