**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
# **INTERNATIONAL ASSEMBLIES OF GOD (IAG UK & EUROPE) Charity Number:1131858**
**TRUSTEES ANNUAL REPORT &**
**FINANCIAL STATEMENTS For the period 01 April 2022 to 31 March 2023**
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
**The trustees present their report and the financial statements of the charity for the year ended 31 March 2023.**
## **ADMINISTRATION DETAILS:**
Registered Charity name: IAG UK & EUROPE
Charity number : 1131858
Charity’s operating address: IAG UK & EUROPE Crick Howell Place, Winch Wen Mansel Road Swansea, SA1 7DP
Contact number: 0044 7545035119
Email address: admin@iag.org
Website: www.iaguk.org
## **STRUCTURE, GOVERNANCE & MANAGEMENT**
**Type of Governing Document :** Constitution
**How the Charity is constituted:** The constitution defines the governance structure, specifying the roles and responsibilities of trustees and the Directors overseeing the charity **.**
**Trustee selection method:** The Trustees are selected in the Annual General Meeting.
During the year, the following served as the Trustees of the Charity:
- 1) Rev. Varghese Abraham – Chairman
- 2) Ps Wilson Abraham – Trustee
- 3) Sis Sheeba Philip – Trustee
- 4) Sis Raichu Mathew - Trustee
- 5) Br Saju Joseph - Trustee
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
## **OBJECTIVES & ACTIVITIES**
## **Objectives of the Charity:**
IAG UK & Europe is a thriving charity organization collaborating under the AOG GB in the United Kingdom. Supported by an active and enthusiastic trustee board, we diligently manage administrative affairs. Over the past year, our dedicated efforts have focused on community development, emphasizing hospitality and care to build a more resilient and cohesive society.
The main objectives include the following:
## **1) Advancement of the Christian Faith:**
To diligently advance the Christian faith, utilizing various means and reaching diverse parts of the United Kingdom, as determined by the Church Council. This involves spreading the message of Christianity and fostering spiritual growth.
- **2) Relief of Sickness and Financial Hardship, Promotion and Preservation of Good health:** To actively contribute to the well-being of individuals by relieving sickness and financial hardship. This includes provision of funds, goods or services of any kind, as well as offering counselling and support.
- **3) Advancement of Education:**
To promote the advancement of education in alignment with the Church’s vision. This encompasses various educational initiatives and programs aimed at enhancing knowledge and skills.
## **Activities of the Charity:**
## **1) Church Planting**
The Charity takes pride in its strong church planting dedicated to researching the unique dynamics of various regions across the UK. Over the past year, we have continue our pioneering efforts, successfully establishing numerous churches in key cities across the UK. Undoubtedly, training leadership for these pioneering churches presented significant challenges, but our commitment to growth and development has been unwavering. Throughout the year, our Church Planting team worked diligently focusing on the ongoing development and flourishing of these newly established churches and fellowships. Building upon the lessons and successes learned from previous years endeavors, we are proud to report substantial progress in our church planting initiatives.
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
## **2) Youth Alive**
Youth Alive serves as a transformative platform for children and young individuals to undergo spiritual and character growth while fostering a personal connection with Jesus. This initiative aims to equip them for success in the current challenging world. This year’s Youth Alive was conducted at Shrewsbury and it brought about a large number diverse attendance from various cities. Featuring an anointed speaker from Portugal, the event included a blend of indoor and outdoor activities, self-development programs, and teachings on biblical principles. The camp concluded with a multitude of inspiring testimonies and positive feedback from the youths, highlighting the impactful experiences gained during the enriching period.
## **3) IAG Missions**
- IAG Missions, a pivotal arm of the Charity is dedicated to mobilizing the local church for mission. Our primary objective is to equip and inspire members to actively engage with God’s mission in every facet of their lives. Core projects under IAG Missions encompass Evangelism, Training, Church planting and distribution of tracts in towns and cities. By focusing on these key initiatives, we strive to empower our community to embrace and contribute to the larger mission of spreading the message of faith and building thriving church communities.
## **4) IAG Conference**
- We have crossed 16 years of our National Annual conference. This year’s conference held in the city of Preston, witnessed an overwhelming turnout, drawing large number of attendees from various cities and towns. The conference serves as a beacon of hope, welcoming individuals from diverse churches and societies, all seeking a life-changing experience. Building on the success of past events, we are eager to continue creating a space for inspiration, connection and profound change in the lives of those who attend. The journey continues and we look forward to many more years of hosting conferences that leave a lasting impact on individuals and communities alike **.**
## **5) HOPE AID**
Hope Aid, a charitable initiative under IAG UK & Europe, is dedicated to making a positive impact in local cities. Our dedicated team with Hope Aid focuses on extending a helping hand to single mothers, low-income families and the homeless by providing essential necessities such as food, milk and bread. As part of our commitment to community welfare, we conduct free meal programs once a month, creating a supportive space for the local community. Looking ahead, we are actively working to expand and enhance this program, ensuring a broader reach and a more profound impact on the lives of those in need.
## **6) IAG ACADEMY**
IAG Academy plays a pivotal role in equipping and nurturing leaders for service in the mission field. Our comprehensive course include bachelor’s programs, certificate courses, and BSB
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
training. Annually a significant number of students undergo training at our Academy, contributing to their personal and professional growth.
In the most recent graduation ceremony, we proudly celebrated the success of over 50 students who completed their studies in Belgium and the UK. These graduates are now positioned in various cities and towns actively engaging in mission work. We are committed to continuously nurturing and sending forth leaders who make a meaningful impact in their respective mission fields.
- **7) Seminars and Leadership Training**
Throughout the year, we conducted impactful leadership training and seminars in various cities, garnering a significant and positive response from the participants. These targeted programs were specifically designed to train and equip emerging leaders within our organization. The valuable feedback received from these events reflects the success of our efforts in providing focused and enriching training experiences for the next generation of leaders. We are committed to continuing such initiatives to foster leadership development and contribute to the ongoing growth of our organization.
## **8)**
## **Lydia Ministry**
- We have ladies from different churches all over the UK working on this platform. They have weekly and monthly meetings in their respective churches and an annual ladies meeting as well.
## **9) Council Meeting**
We held our general body meeting and leadership summit to discuss the present issues and how we can further build our organization to run successfully.
## **ACHIEVEMENTS & PERFORMANCE**
Throughout the year, our organization has demonstrated exceptional achievements and impactful performance, anchored in our commitment to fostering spiritual growth and community well-being.
A cornerstone of our efforts is the provision of regular educational sessions, ensuring individuals have continuous opportunities to learn about Christian beliefs and prepare for their spiritual journeys. This commitment to education is fundamental to our mission of spreading awareness and understanding of our faith.
Our charity’s dedication to community impact is evident through a multifaceted approach. Outreach programs connect us with diverse communities spreading the transformative message of Christianity. Our youth ministries actively cater to the needs of the younger generation, creating spaces for growth, mentorships and connection.
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
Charitable activities have been a significant focus, reflecting our mission to relieve suffering and promote well-being. Through initiatives such as individual counselling we provide personalized support, addressing the unique challenges individuals may face.
Regular Church services remain a consistent and vital aspect of our engagement. These services serve as a focal point for worship, fellowship and spiritual nourishment, contributing to the spiritual vitality of our community.
Our achievements are not only measured in these individual initiatives but in their collective impact on the community. Every outreach effort, counselling session and education program work together to achieve the goals outlined in our organization’s vision and mission. We take pride in our continuous strides towards realizing these objectives, ensuring that our organization remains a beacon of hope, learning and positive transformation within our community and beyond.
## **FINANCIAL REVIEW**
The proper financial review is provided in the Financial statements provided below.
## **FUNDING**
This year, our funds raised were from receipts from voluntary donations made by the members. We also received a grant from the Government.
## **RESERVES POLICY**
To uphold the financial stability of the charity organization and fulfill both its immediate financial obligations and broader mission, the charity deems it necessary to formalize a comprehensive reserve policy. This policy is crafted with the objective of ensuring the charity’s long-term financial sustainability. The Board of Trustees, in formulating this policy, has referred to CC19 Charity Reserves: Building Resilience, a guideline issued by the Charity Commission.
## **SAFEGUARDING**
Our leadership is dedicated to fostering a vigilant safeguarding environment through continuous training and development for all workers. We prioritize the cultivation of a culture of awareness around safeguarding issues, aiming to protect the well-being of everyone involved. To achieve this, all workers undergo comprehensive induction training and regularly participate in recognized safeguarding training sessions.
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
Additionally, our commitment extends to ensuring that children and adults with care and support needs have access to information on seeking help and advice. This includes addressing concerns related to abuse, discrimination, bullying or any matter emphasizing a proactive approach to safeguarding within our community.
## **FUTURE PLANS**
In the unfolding chapters of our journey, our future vision is expansive and purpose-driven. At the forefront of our ambitions lies the strategic expansion of our church planting initiative, a deliberate effort to extend the transformative message of faith to untapped communities. Our unwavering commitment to community outreach remains a cornerstone, with a focus on creating impactful programs tailored to the diverse needs of those we aim to serve.
Looking beyond our local boundaries, we aspire to establish a more prominent global presence in mission work, directing our efforts towards undeserved areas and actively participating in humanitarian endeavors. Simultaneously, the completion and operational launch of the IAG HUB stand as a cornerstone in consolidating our organizational activities, fostering collaboration, training and community development.
In parallel, our gaze is fixed on innovative approaches and initiatives that adapt to the evolving needs of our community. We aim to introduce educational projects and programs and technology-driven solutions that align with our mission. A dedicated focus on youth and leadership development will aim to create platforms for spiritual growth and character development. These comprehensive future plans embody our steadfast dedication to continual growth, community enrichment and the enduring pursuit of our mission to positively impact lives through the transformative teachings of faith and love.
## **DECLARATION**
## **Trustees responsibilities statement:**
Charity law requires the trustees to prepare a statement of financial activities, and statement of assets and liabilities for each financial year. For preparing those financial statements the trustees are required to:
- Select suitable accounting principles and apply them consistently.
- Make judgements and estimates that are reasonable and prudent,
- State whether the policies are in accordance with SORP
- Prepare the accounts on an ongoing basis
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the church and to enable them to ensure that the financial statements comply with the applicable Accounting standards and policies, the Companies Act 2006 and the regulations made under Charities Act 2011. They are also responsible for safe guarding the assets of the church and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**IAG UK** Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
## **The Trustees declare that they have approved the Trustees Report above.**
Signed on behalf of the Charity’s Trustees
## **Trustee 1**
**Full Name:** Rev. Varghese Abraham
**Signature:**
**Position:** Chairman
**Date:** 25/01/2024
**Trustee 2**
**Full Name:** Sheeba Philip **Signature:**
**Position:** Trustee Member
**Date:** 25/01/2024
**IAG UK & Europe Ltd (Registered Company: 14475235 & Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God**
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees** Charity Name IAG UK
|**On accounts for the year**
**ended**
**Set out on pages**|31 March 2023|**Charity no**
**(if any)**|1131858|
|---|---|---|---|
|||||
||Pages given below)|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 03 / 2023** .
**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed:**
**Date:** 25/01/2024
**Name:** SAIF CHARTERED ACCOUNTANTS
**Relevant professional** Association of Chartered Certified Accountants
1
**IER**
**Jan 2024**
**qualification(s) or body (if any):**
**Address:** Cardiff Gate Business Park, Malthouse Ave, Pontprennau Cardiff CF23 8RU
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**IER**
**Jan 2024**
## **Statement of Financial Activities (SOFA) for the year ended 31 March 2023**
|**Notes to**
**the**
**accounts**
**Income**
1Donations andlegacies
**4**
2Incomefrom monetary investments
**6**
3Income from investment properties
4Assessments on Churches
5 CapitalReceipts
6 Grantsreceived
**4**
7 Othercharitable income
**5**
**8 Total income**
**Expenditure**
9Grants and donations
10 Salaries andassociatedcosts
**10**
11 Property maintenance
12Connexionallyassessment&model trust levy
13 District Assessment&Levy
14Depreciation
15 Officeexpenses
16 Other outgoings
**17 Total charitableexpenditure**
18 Gains/(losses) onmonetary investments
19Gains/(losses)on investment properties
**20 Net income/(expenditure)**
21Transfers betweenfunds
22Other gains/(losses)
**23 Net movement in funds**
24 Total fundsbrought forward
**25 Totalfundscarried forward**|**General Fund Circuit Model Designated **
**Restricted Endowment**
**Total**
**(Unrestricted)**
**Trust**
**Funds**
**Funds**
**Funds**
**2022-23**
**(Unrestricted) (unrestricted)**
£
£
£
£
£
£
508,154
**508,154**
279,400
**279,400**
3,278
**3,278**
**790,832**
**790,832**|
|---|---|
||95,665
**95,665**
140,414
**140,414**
6,016
**6,016**
124,287
124,287
111,748
**111,748**
**478,130**
**478,130**|
||**312,702**
**312,702**
**312,702**
**312,702**|
||95,241
95,241
**407,943**
**407,943**|
Statement of Financial Activities (SOFA) for the year ended 31 March 2022
||**Notesto**
the
accounts|GeneralFund
(Unrestricted)|
**Circuit Model**
Trust
(Unrestricted)|Designated
Funds
(unrestricted)|Restricted
Funds|**Endowment**
Funds|Total
2021-22|
|---|---|---|---|---|---|---|---|
|||£|£|£|£|£|£|
|**Income**||||||||
|1Donations and legacies|**4**|273,314|||||273,314|
|2Income frommonetaryinvestments|6|||||||
|3Incomefrominvestmentproperties||||||||
|4Assessments on Churches||||||||
|5 CapitalReceipts||||||||
|6 Grantsreceived|**4**|7,772|||||7,772|
|7 Other charitable income|5|||||||
|8 Totalincome||281,086|||||281,086|
|||||||||
|**Expenditure**||||||||
|9 Grants anddonations||21,830|||||21,830|
|10 Salariesand associated costs|10|50,794|||||50,794|
|11 Property maintenance||422|||||422|
|12Connexional assessment &model trust levy||||||||
|13District Assessment&Levy||||||||
|14 Depreciation||||||||
|15 Office expenses||94,172|||||94,172|
|16Otheroutgoings||86,113|||||86,113|
|17Totalcharitableexpenditure||253,331|||||253,331|
|||||||||
|18Gains/(losses) onmonetary investments||||||||
|19Gains/(losses)on investmentproperties||||||||
|||||||||
|20Netincome/(expenditure)||27,755|||||27,755|
|21 Transfersbetweenfunds||||||||
|22Othergains/(losses)||||||||
|23**Net**movement infunds||27,755|||||27,755|
|||||||||
|24Totalfundsbrought forward||67,486|||||67,486|
|25Totalfundscarried forward||95,241|||||95,241|
**Balance Sheet as at 31 March 2023**
|Fixed Assets|Notes lothe
Accounts|GeneralFund
{Unrestricted)
£|Circuit Model
Trusts
(Unrestricted)
£|Design
{Unre|ated Funds
stricted}
£|
|Restricted
Funds
£|Endowment
Funds
£|Totals2023
£|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||
|CircuitManses&Equipment|**11**|||||||||||||
|Investmentproperties||||||||||||||
|Investments|12|||||||||||||
|_Total fixed assets_||**-**|||||||||-|||
|Current Assets||||||||||||||
|Debtorsandprepayments|13|||||||||||||
|Loansbythe Circuit||||||||||||||
|InvestmentswithTMCP||||||||||||||
|TrusteesforMethodist ChurchPurpose|**14**|||||||||||||
|CentralFinanceBoard Deposits|14|||||||||||||
|Cash atBankandinhand|14|407,943|||||||407,943||95,241|||
|_Total current assets_||**407,943**|||||||407,943||**95,241**|||
|Currrentliabilities||||||||||||||
|Creditors (due inunder 1year)|**15**|||||||||||||
|_Total current liabilities_||||||||||**1**||||
|_Netcurrent assets/liabilities_||||||||||||||
|||||||||||||||
|_TotalassetsJesscurrent liabilities_|j|407,943I|I||||||**407,943**||**95,241**|||
|||||||||||||||
|Longtermliabilities
(dueafter morethanoneyear)||||||||||||||
|Loansby theCircuit||||||||||||||
|||||||||||||||
|_Net assets_||**407,943**|||||||**407,943**||**95,241**|||
|Fundsof theCircuit||||||||||||||
|GeneralFund(Unrestricted)|**18**|**407,943**
|||||I
||407,943||95,241|||
|Circuit ModelTrustFunds(Unrestricted)|||I
|
I
||||||||||
|DesignatedFunds(Unrestricted)|**18**|||||I||||||||
|_Total Unrestricted Funds_||||||I
||||||||
|RestrictedFunds|**18**|||||||||||||
|EndowmentFunds||||||||~~I~~
||||||
|_Total Funds_||**407,943I**|~~I~~||~~I~~|||~~I~~|**407,943**||**95,241**|||
Signed
## **Notes to the Accounts**
## **1. Basis of accounting**
The financial statements have been prepared under the historic cost convention, and in accordance with the 2019 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102- the Charities SORP (FRS102) and the Charities Act 2011.
## **2. Funds**
The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorized as unrestricted. Restricted funds which are held for a narrower purpose. Details of each material fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash.
## **3. Accounting policies**
## **Basis**
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Charity’s financial position and activities .
## **Income recognition**
Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
## **Resources expended**
This is recognized when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognized as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources.
## **Investment Properties**
Investment properties - no property is currently deemed to not be held for the long term purposes of the charity.
## **Investments**
Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year-end are shown in the SOFA
|**4. Donations and legacies**
Donations, tithes and other offerings
from churches:
Victory AG Church, Cardiff
Horeb Church, Bristol
New Hope, Newport
Bethel AG, Harrow
Royal Signet, IAG London
Victory Worship Centre, Oxford
Coventry Worship Centre
New Life AG, Preston
MCC, Middlesborough
El-Shaddai Church, Liverpool
Swansea Pentecostal Church
Christ Generation, Leicester
Bethel Church, Belfast
Donations from UK General Office
and Headquarters
Grants
**Total**
5.**Charitable activities**
Rental Income
Sundry
**Total**
**6.Investmentincome**
Interest and dividends
**Total**
`7. `**Other trading activity**
Otherincome|**Unrestricted Circuit**
**Model**
**Trust**
**Fund**
**Designated**
**Funds**
**Restricted**
**2023**
**Total**
**2022**
**Total**
£
£
£
£
£
£
14,017
5,200
7,323
11,369
40,263
74,118
70,599
60,531
21,658
3,431
888
5,585
405
315,387
192,767
14,017
5,200
7,323
11,369
40,263
74,118
70,599
60,531
21,658
3,431
888
5,585
405
315,387
192,767
273,314
279,400
279,400
7,772
**787,554**
**787,554**
**281,086**
**Unrestricted**
**C Model**
**Designated Restricted**
**2023**
**2022**
**Trust**
**Fund**
**Funds**
**Total**
**Total**
£
£
£
£
£
£
3,278
3,278
**3,278**
**3,278**
**Unrestricted**
**Model**
**Designated Restricted**
**2023**
**2022**
**Trust**
**Fund**
**Funds**
**Total**
**Total**
£
£
£
£
£
£|**Unrestricted Circuit**
**Model**
**Trust**
**Fund**
**Designated**
**Funds**
**Restricted**
**2023**
**Total**
**2022**
**Total**
£
£
£
£
£
£
14,017
5,200
7,323
11,369
40,263
74,118
70,599
60,531
21,658
3,431
888
5,585
405
315,387
192,767
14,017
5,200
7,323
11,369
40,263
74,118
70,599
60,531
21,658
3,431
888
5,585
405
315,387
192,767
273,314
279,400
279,400
7,772
**787,554**
**787,554**
**281,086**
**Unrestricted**
**C Model**
**Designated Restricted**
**2023**
**2022**
**Trust**
**Fund**
**Funds**
**Total**
**Total**
£
£
£
£
£
£
3,278
3,278
**3,278**
**3,278**
**Unrestricted**
**Model**
**Designated Restricted**
**2023**
**2022**
**Trust**
**Fund**
**Funds**
**Total**
**Total**
£
£
£
£
£
£|
|---|---|---|
||**Unrestricted Model**
**Trust**
**Fund**
**Designated**
**Funds**
**Restricted**
£
£
£
£|**2023**
**Total**
**2022**
**Total**
£
£|
## **Total**
## **8. Payment to Trustees**
Payments made to trustees for additional services provided to the Charity by agreement with the Circuit Meeting
Number of trustees who were paid expenses
Nature of the expenses
|Natureoftheexpenses||
|---|---|
|**9.Fees for examination or audit oftheaccounts**
Independentexaminer's or auditors'feesfor reporting ontheaccounts
£
Otherfees (eg:advice,accountancyservices) paid to the independentexaminer or auditor
£
**10.Paidemployees**
**Staff Costs paid during the year were:**
Grosswages, salaries andbenefits inkind
Employer's National Insurancecosts
Pensioncosts
Supernumeraries
ApprenticeshipLevy
Payrollservice charge
Totalstaff costs
£
£
£
£
139,121
1,293
140,414||
||50,432|
|||
||362|
|||
|||
|||
||50,794|
**Average number of full-time equivalent employees in the year were:**
**11.** Tangible Fixed Assets
|**11.**Tangible FixedAssets|||||||
|---|---|---|---|---|---|---|
||**Residential **
**Land**
£|**OtherLand**
£|**Manses**
£|**Fixtures,**
**fittings and **
**equipment**
£|**Payments on **
**account and**
**assets under**
**construction**
£|
**Total**
£|
|**Balance brought forward**|||||||
|Additions|||||||
|Revaluations(+/-)|||||||
|Disposals(-)|||||||
|Transfers*(+/-)|||||||
|Balance carriedforward|-|-|||||
|**Accumulated depreciation**|||||||
|Balancebroughtforward|||||||
|Depreciationcharge foryear(-)|||||||
|Revaluations(+/-)||||||-|
|Disposals(-)||||||-|
|Transfers*(+/-)||||||-|
|**Balance carried forward**|-|-|-||-||
|**Net book value**|||||||
|Broughtforward|-|-|||-||
|Carried forward|-|-|||-||
## **12. Investments**
## . **This year Prev year**
**Analysis of investment movements** Investments listed on a recognized Stock Exchange Investments held in CFB Managed Funds Securities not listed on a recognized stock exchanqe Other investments Total
|**Analysis of investment movements**|||
|---|---|---|
||£|£|
|Investmentslisted on a recognized Stock Exchange|||
|Investments heldinCFB Managed Funds|||
|Securities not listed on a recognized stock exchanqe|||
|Other investments|||
|Total|||
|**Changein investment values**|**Thisyear**
£|**Prevyear**
£|
|Carrying (market)value at beginningofyear|||
|**Add:**additions to investmentsat cost|||
|**Less:**disposals at carryingvalue|||
|Netgain/(loss)on revaluation|||
|Carrying (market)valueatend ofyear|||
**13.** Analysis of current assets
## **Debtors and prepayments**
Prepayments
Accrued income
## **Total debtors and prepayments**
## **14 Analysis of cash at bank**
Bank balance
Bank balance held in Stipends Account / CFB Account
Central Finance Board Fund Accounts
## **Total Cash and Bank**
**----- Start of picture text -----**
This year Last year
**----- End of picture text -----**
**----- Start of picture text -----**
£ £
407,943 95,241
407,943 95,241
**----- End of picture text -----**
## **15. Analysis of current liabilities and long term creditors**
Trade creditors
Other creditors
Deferred income
Accruals
## **Total Current Liabilities**
**----- Start of picture text -----**
- -
- -
-
**----- End of picture text -----**
## **16. Capital commitments and contingent liabilities**
At the 31st March 2023 the Charity has no capital commitments. No Contingent liabilities were identified at 31st March 2023.
## **17. Loans and creditors due after one year**
There are no loans or creditors due after one year.
## **18. Detailed analysis of individual fund movements**
## **Unrestricted Funds**
|**Unrestricted Funds**|||||||
|---|---|---|---|---|---|---|
|**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Closing**
**Balance**|**Purpose of the**
**fund**|
|General Fund|95,241|
790,832|478,130||407,943||
|DesignatedFunds|||||||
|CMTF|||||||
|Totals|95,241|790,832|478,130||407,943||
## **Restricted Funds**
|**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Closing**
**Balance**|**Purpose ofthe**
**fund**|
|---|---|---|---|---|---|---|
|ProbusHolding fund||||||Futureworks at
Probus|
|Interest inCurrentAccount||||||Interestfrom
Gerrans,
Medlynand
Nicholls funds.|
|JHMedlyn||||||Upkeepof
building|
|Totals|||||||
## **Endowment Funds**
|**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Closing**
**Balance**|**Purpose of the**
**fund**|
|---|---|---|---|---|---|---|
|Totals|||||||
||-|-|-|-|-|-|