REGISTERED COMPANY NUMBER: 06778181 (England and Wales) REGISTERED CHARITY NUMBER: 1128122
Report of the Trustees and Financial Statements for The Year Ended 31 October 2021
For
Bushfire Ministries International
Bushfire Ministries International
Contents of the Financial Statements For the Year Ended 31 October 2021
| 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 2021
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 2021. 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 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.
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Bushfire Ministries International
Report of the Trustees
For the Year Ended 31 October 2021
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.
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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 2021, this being the completion of the charity’s thirteenth year as a charitable company limited by guarantee, the charity has:
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Provided training through teaching, conferences and weekly meetings to advance the Christian faith and to release individuals into their full potential.
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Adapted meetings and conferences to work around the Covid-19 government restrictions, moving all meetings to Zoom and Livestream.
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Further supported seven children of Metro Ministries in Kenya.
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Sent aid to FAI Mission (Frontier Alliance International) for people suffering as a result of the extraction of troops from Afghanistan.
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Continued to fund a feeding and educational programme with Viva Foundation, South Africa for children and their families.
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Provided substantial funding to community within Uganda during Kampala lockdown, providing food to families and the elderly within their area.
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Bushfire Ministries International
Report of the Trustees For the Year Ended 31 October 2021
FINANCIAL REVIEW
Investment policy and objectives
The thirteenth year as a charitable company limited by guarantee has seen the charity:
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Maintain monthly support to Kenyan children through Metro Ministries
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Support families affected by the extraction of troops from Afghanistan through FAI Mission
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Support families and elderly through food provisions in Uganda during Kampala lockdown
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Support school children and their families through Viva Foundation in South Africa.
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Provide support to individuals experiencing financial hardship
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Maintain the rental fee for the hire of the Bushfire building.
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Maintain the basic part-time salary of senior leadership.
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Invested into the regional community by facilitating training provided by international speakers
FUTURE DEVELOPMENTS (FOR THE FOURTEENTH YEAR, NOV 2021 – OCT 2022)
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, and the families and orphans in South Africa through Viva Foundation.
ON BEHALF OF THE BOARD
I R Grant – Trustee, Chairman
26 July 2022
Page 3
Independent Examiners Report to the Trustees of Bushfire Ministries International
I report on the accounts for the year ended 31 October 2021 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:
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Examine the accounts under Section 145 of the 2011 Act.
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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
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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:
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Which gives me reasonable cause to believe that, in any material respect, the requirements
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To keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
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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
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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
12 July 2022
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Bushfire Ministries International
Statement of Financial Activities
For the Year Ended 31 October 2021
| 31.10.21 | 31.10.20 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Funds | Funds | ||
| Notes | £ | £ | |
| INCOMING RESOURCES | |||
| Incoming resources from generated funds | |||
| Voluntary income | 100,354 | 69,329 | |
| RESOURCES EXPENDED | |||
| Costs of generating funds | |||
| Costs of generating voluntary income | 40,127 | 32,460 | |
| Charitable activities | |||
| Overseas mission | 23,356 | 3,726 | |
| Internal mission | 22,377 | 17,800 | |
| Governance costs | 313 | 313 | |
| -------- | -------- | ||
| Total resources expended | 86,173 | 54,299 | |
| -------- | -------- | ||
| NET INCOMING (OUTGOING) RESOURCES | 14,181 | 15,030 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 45,005 | 29,975 | |
| -------- | -------- | ||
| TOTAL FUNDS CARRIED FORWARD | 59,186 | 45,005 | |
| ===== | ===== |
The notes form part of these financial statements
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Bushfire Ministries International
Balance Sheet
At 31 October 2021
| 31.10.21 | 31.10.20 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Funds | Funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 4 | 5,990 | 7,988 |
| CURRENT ASSETS | |||
| Debtors | 5 | 0 | 0 |
| Cash at bank | 6 | 53,296 | 37,117 |
| -------- | -------- | ||
| 53,296 | 37,117 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (100) | (100) |
| -------- | -------- | ||
| NET CURRENT ASSETS | 53,196 | 37,017 | |
| ---------- | -------- | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 59,186 | 45,005----- | |
| --- | -------- | ||
| NET ASSETS | 59,186 | 45,005 | |
| ===== | ===== | ||
| FUNDS | |||
| Unrestricted funds | 8 | 59,186 | 45,005 |
| -------- | -------- | ||
| TOTAL FUNDS | 59,186 | 45,005 | |
| ===== | ===== |
The notes form part of these financial statements
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Bushfire Ministries International
Balance Sheet - continued
At 31 October 2021
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for:
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a) Ensuring that the charitable company keeps accounting records that comply with sections 386 and 387 of the Companies Act 2006, and
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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:
I R Grant – Trustee, Chairman
The notes form part of these financial statements
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Bushfire Ministries International
Notes to the Financial Statements
For the Year Ended 31 October 2021
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.
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Bushfire Ministries International
Notes to the Financial Statements - continued
For the Year Ended 31 October 2021
2. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
| 31.10.21 | 31.10.20 | |
|---|---|---|
| £ | £ | |
| Depreciation – owned assets | 1,998 | 1,953 |
| Rent | 18,523 | 18,523 |
| Audit and accountancy fees | 300 | 300 |
| ===== | ===== |
3. TRUSTEES’ REMUNERATION AND BENEFITS
Remuneration of £24,821 was paid to two trustees working as officers of the charity for the year ended 31 October 2021 (£19,502 remuneration paid for the year ended 31 October 2020), but no other benefits were paid for the year ended 31 October 2021 nor for the year ended 31 October 2020.
Trustees’ Expenses
There were no trustee’s expenses paid for the year ended 31 October 2021, nor for the year ended 31 October 2020.
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Bushfire Ministries International
Notes to the Financial Statements - continued
For the Year Ended 31 October 2021
| 4. TANGIBLE FIXED ASSETS | Plant and | |
|---|---|---|
| Machinery etc. | ||
| £ | ||
| COST | ||
| At 1 November 2020 | 25,463 | |
| Additions | 0 | |
| -------- | ||
| At 31 October 2021 | 25,463 | |
| ====== | ||
| DEPRECIATION | ||
| At 1 November 2020 | 17,475 | |
| Additions | 1,998 | |
| -------- | ||
| At 31 October 2021 | 19,473 | |
| ===== | ||
| NET BOOK VALUE | ||
| At 31 October 2021 | 5,990 | |
| ===== | ||
| At 31 October 2020 | 7,988 | |
| ===== | ||
| 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.10.21 | 31.10.20 | |
| £ | £ | |
| Gift Aid due | 0 | 0 |
| -------- | -------- | |
| 0 | 0 | |
| ===== | ===== |
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Bushfire Ministries International
Notes to the Financial Statements - continued
For the Year Ended 31 October 2021
| 6. CASH AT BANK | ||
|---|---|---|
| 31.10.21 | 31.10.20 | |
| £ | £ | |
| Current account | 51,804 | 36,421 |
| Internet account | 1,492 | 696 |
| -------- | -------- | |
| 53,296 | 37,117 | |
| ===== | ===== | |
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.10.21 | 31.10.20 | |
| £ | £ | |
| Other creditors | 100 | 100 |
| ===== | ===== |
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Bushfire Ministries International Notes to the Financial Statements - continued
For the Year Ended 31 October 2021
8. MOVEMENT IN FUNDS
| 8. MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net movement | |||
| 31.10.20 | in funds | 31.10.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 45,005 | 14,181 | 59,186 |
| -------- | -------- | -------- | |
| TOTAL FUNDS | 45,005 | 14,181 | 59,186 |
| ===== | ===== | ===== | |
| Net movement in funds, included in | the above, are as follows: | ||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 100,354 | 86,173 | 14,181 |
| -------- | -------- | -------- | |
| TOTAL FUNDS | 100,354 | 86,173 | 14,181 |
| ===== | ====== | ===== |
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