IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
IAG UK & EUROPE Charity Number:1131858
TRUSTEES ANNUAL REPORT &
FINANCIAL STATEMENTS For the period 01 April 2024 to 31 March 2025
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE 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 2025.
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:
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1) Rev. Varghese Abraham – Chairman
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2) Sis Sheeba Philip – Trustee
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3) Sis Raichu Mathew - Trustee
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4) Br Saju Joseph - Trustee
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE 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 operates as a growing and dynamic charitable organisation under the AOG GB across the United Kingdom. The charity benefits from the guidance and the commitment of an engaged Board of Trustees who oversee governance, compliance and administrative responsibilities. During the past year, the charity has prioritised community-focused initiatives, particularly those centred on hospitality, care and social support, with the aim of strengthening community cohesion and resilience.
The charity objectives are outlined below:
1) Promotion of the Christian Faith:
The Charity seeks to promote and support the Christian faith throughout the United Kingdom, in accordance with the direction of the Church Council. This objective is fulfilled through outreach, worship, teaching and pastoral activities designed to encourage spiritual development and engagement within local communities.
- 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) Educational Development:
The charity supports educational advancement in line with the church’s mission and values. This includes delivering and facilitating learning opportunities, training programs and initiatives that contribute to personal development, skill-building and increased access to knowledge.
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 continued 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 Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
2) Youth Alive
Youth Alive continues to be a vital and impactful ministry, providing a supportive environment in which children and young people are encouraged to develop spiritually, emotionally and personally while building a strong and meaningful relationship with Jesus Christ. The charity is supported by a highly committed and effective youth leadership team, whose dedication has significantly enhanced youth engagement across the organization. During the year, the youth department successfully delivered a series of one-day youth conferences held in various locations across the United Kingdom. The youth department has successfully organized the IAG Talent Test, wherein all the youth from IAG UK & Europe get a chance to participate and learn. The event encouraged creativity, confidence and selfexpression offering a platform for the young people to discover and develop their god-given abilities.
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 19 years of our National Annual conference. This year’s conference held in the city of Manchester, 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.
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
6) IAG ACADEMY
IAG Academy plays a pivotal role in equipping and nurturing leaders for service in the mission field. Our comprehensive course includes bachelor’s programs, certificate courses, and BSB 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 meeting for the ladies 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.
10) IAG HUB
The IAG HUB is a major project under IAG UK & EUROPE, focused on education and community development. The first phase, encompassing the construction of the HUB, has been successfully completed. We are now advancing to the second phase of the project, which aims to operationalize the HUB’s facilities. This HUB will serve as a centralized location for training, leadership development, community programs, IT training, educational initiatives, further enhancing our commitment to nurturing and empowering communities across the UK & Europe.
11) Sunday School
The Sunday school program remains a cornerstone of our activities, focusing on instilling biblical principles and teachings in children. They are designed to provide a strong spiritual foundation, helping children grow in their faith and understand Christian values.
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
ACHIEVEMENTS & PERFORMANCE
During the year, the charity has delivered strong program of activities and demonstrated meaningful progress in advancing its charitable objectives.
A key area of focus has been the delivery of regular teaching and educational sessions, ensuring individuals have ongoing opportunities to explore Christian beliefs, deepen their faith and prepare for their spiritual journey. These activities remain central to the charity’s mission to promote understanding of the Christian faith and encourage spiritual growth.
The charity has maintained a strong emphasis on community engagement through a range of outreach initiatives aimed at reaching diverse groups across the communities we serve. These programs enable the charity to share the Christian message while building relationships and responding to local needs. Youthfocused activities continued to play a vital role, providing safe and supportive environments for young people to grow spiritually, receive mentorship and build meaningful connections.
Charitable support and pastoral care formed an important part of the charity’s work during the year. Through initiatives such as one-to-one counselling and practical support the charity offered tailored assistance to individuals facing personal, emotional or financial challenges contributing to improved wellbeing and resilience.
Regular church services remained a consistent and essential aspect of the charity’s activities. These gatherings provide opportunities for worship, fellowship and teaching, and continue to strengthen the spiritual life and sense of community among members.
The trustees are encouraged by the progress made during the year and remain committed to ensuring the charity continues to serve as a source of hope, learning and positive transformation within the community it supports.
FINANCIAL REVIEW
The proper financial review is provided in the financial statements documents below.
FUNDING
This year, our funds raised were from receipts from voluntary donations made by the members.
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
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
The Trustees place the highest priority on safeguarding and are committed to maintaining a safe, vigilant and supportive environment for all individuals engaged in the charity’s activities. This commitment is supported through ongoing training, clear policies and procedures designed to protect children, young people and adults with care and support needs.
All staff, volunteers and workers receive safeguarding awareness as part of their induction and are required to undertake regular refresher training courses through recognized safeguarding procedures. This charity works in partnership with Thirtyone:Eight, which acts as the umbrella organization for safeguarding support and Disclosure and Barring Service (DBS) checks, ensuring that appropriate safer recruitment practices are consistently applied.
The charity actively promotes a culture of safeguarding awareness, ensuring that children and adults at risk are informed of how to access help, advice and support. Clear pathways are in place for raising concerns relating to abuse, neglect, discrimination, bullying or any other safeguarding-related issue. The Trustees are satisfied that safeguarding remains embedded across all areas of the charity’s work and is reviewed regularly to ensure continued effectiveness and compliance with best practice.
FUTURE PLANS
The Trustees remain focused on sustainable growth and the continued delivery of meaningful public benefit. Looking ahead, IAG UK & Europe has identified several strategic priorities to guide its future development.
A key focus will be the expansion of church planting initiatives, enabling the charity to extend its faithbased activities into new and underserved communities. Alongside this, the charity will continue to strengthen and broaden its community outreach programs, ensuring that services remain responsive to the diverse and evolving needs of the population it serves.
The completion and full operational launch of the IAG HUB is the central objective for the coming period. The HUB will act as the focal point for the charity’s activities, supporting collaboration, training, education, digital inclusion and wider community development.
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
Further plans include the introduction of innovative educational and technology-led initiatives designed to enhance access to learning, skills development and employment opportunities. The Trustees also intend to place increased emphasis on youth engagement and leadership development, creating structure pathways for spiritual growth, character development and future leadership.
In addition, the charity aims to strengthen its involvement in mission activities, including developing a broader national and internation outlook where resources allow.
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:
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Select suitable accounting principles and apply them consistently.
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Make judgements and estimates that are reasonable and prudent,
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State whether the policies are in accordance with SORP
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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.
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: 7[th] January 2026
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
IAG UK & EUROPE Crickhowell Place, Winch Wen Swansea, SA1 7DP Web: www.iaguk.org | Email: hr@iaguk.org Tel: 0179 244 6161
Trustee 2
Full Name: Raichu Mathew Signature: Aue Position: Trustee Member Date: 7[th] January 2026
IAG UK & Europe Ltd (Registered Charity: 1131858) In Fellowship with Great Britain Assemblies of God
Report of the Trustees and Financial Statements for the year 1 April 2024 to 31 March 2025 for
IAG UK & EUROPE
Contents of the Financial Statements for the Year 01 April, 2024 to 31 March 2025
| Page | |
|---|---|
| Charity Information | 1 |
| Report of the Trustees | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Statement of changes in equity | 5 |
| Statement of cash flow | 6 |
| Notes to the Financial Statement | 7-9 |
| Report of the Accountants | 10 |
Charity Information
for the Year 01 April, 2024 to 31 March 2025
TRUSTEES: Rev. Varghese Abraham Sis. Sheeba Philip Sis. Raichu Mathew Br. Saju Joseph
CHARITY NUMBER: 1131858
REGISTERED ADDRESS: Crick Howell Place, Winch Wen Mansel Road Swansea, SA1 7DP
Page 1
Report of the Trustees
for the Year 01 April, 2024 to 31 March 2025
The trustees present their report with the financial statements of the Company for the year 01 April, 2024 to 31 March 2025.
TRUSTEES:
Mr. Varghese Abraham has held office during the whole of the period from 01 April, 2024 to the date of this report.
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD:
Mr. Varghese Abraham – Chairman and Trustee 08 January, 2026
Page 2
IAG UK & EUROPE
CHARITY NO: 1131858
Statement of Financial Activities (SOFA) for the year ended 31 March 2025
| 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 12Connexionalassessment 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 Designated Restricted Endowment Total (Unrestricted) Funds Funds Funds 2024 (Unrestricted) (unrestricted) £ £ £ £ £ £ 670,875 816,218 670,875 816,218 |
|---|---|
| 19,576 340,877 210,401 191,479 144,065 2,320 160,110 186,072 183,844 176,637 717,996 897,385 |
|
| (47,121) (81,167) (47,121) (81,167) |
|
| 326,776 407,943 279,655 326,776 |
IAG UK & EUROPE CHARITY NO: 1131858 Balance Sheet as at 31 March 2025 Circuit Model Genera l Fund Trusts Designated Funds Restricted Endowment Totals 2025 Totals 2024 Notes lo the {U nr es tricted) (Unrestricted) {Unrestricted} Fund s Funds Accounts £ £ £ £ £ £ ~~Pot | ft tt i~~ E Fixed Assets Equipment and Manses 11 Investment properties Investments 12 Total fixed assets - - Cu r rent Assets ~~==~~ Debtors and prepayments 13 Loans Investments Trustees 14 ~~5~~ Centre al Finance Board Deposits 14 Cash at Bank and in hand 14 279,655 279,655 326,776 ~~===~~ Total current as sets 279,655 279,655 326,776 Current liabilities Creditors (due in under 1 year) 15 Total current liabilities Net current assets/liabilities ~~——~~ Total assets Jess current liabilities j 279,655 I 279,655 1 326,776 Long term liabilities (due aft er more than one year) Loans by the Circuit ~~SS~~ Net assets 279,655 279,655 326,776 Funds of the Charity General Fund (Unrestricted) 18 279,655 279,655 326,776 Circuit Model Trust Funds (Unrestricted) I Designated Funds (Un restricted) 18 I I Total Unrestricted Funds Restricted Funds 18 I I Endowment Funds ~~I~~ Total Funds 279,655 ~~I I I~~ 279,655 326,776 ~~=— =~~ Signed ~~Be~~ Charity Treasurer
IAG UK & EUROPE
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 Charity which are 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 Charity 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 Charity to pay out resources.
Grants
Grants made by the Charity from its own funds are recognized in full at the time of agreement or when the Charity accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.
Tangible fixed assets for use by the Charity
Tangible fixed assets are capitalized if they can be used for more than one year, and cost at least £1,000. The freehold property is shown in the accounts at original cost and improvement expenditure to date. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its current value. Any depreciation would not be material. The property has been reviewed for impairment.
Depreciation
Depreciation is charged as to write off the cost of the assets, other than freehold property, over their estimated useful lives.
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 Unrestricted Fund £ £ Donations, tithes and other offerings from churches: Victory AG Church, Cardiff Horeb Church, Bristol Rehoboth Church Royal Signet, IAG London Bethel & Bethesda Church Coventry Worship Centre New Life AG, Preston MCC, Middlesborough El-Shaddai Church, Liverpool Swansea Pentecostal Church Calvary AG, Manchester Bethel Church, Belfast Elim Worship Centre Grace Worship Centre Manchester Worship Centre Grants Donations and contributions from UK General Office and Headquarters 27,560 31,524 1,134 74,540 28,259 91,738 85,940 25,211 720 7,569 4,748 7,838 2,000 150 24,173 257,771 Total 670,875 5.Charitable activities Unrestricted Fund £ £ Manse rentalincome Sundry Total 6.Investmentincome Unrestricted Fund £ £ Interest and dividends Total 7.Other trading activityUnrestricted Fund £ £ Otherincome Total |
4. Donations and legacies Unrestricted Fund £ £ Donations, tithes and other offerings from churches: Victory AG Church, Cardiff Horeb Church, Bristol Rehoboth Church Royal Signet, IAG London Bethel & Bethesda Church Coventry Worship Centre New Life AG, Preston MCC, Middlesborough El-Shaddai Church, Liverpool Swansea Pentecostal Church Calvary AG, Manchester Bethel Church, Belfast Elim Worship Centre Grace Worship Centre Manchester Worship Centre Grants Donations and contributions from UK General Office and Headquarters 27,560 31,524 1,134 74,540 28,259 91,738 85,940 25,211 720 7,569 4,748 7,838 2,000 150 24,173 257,771 Total 670,875 5.Charitable activities Unrestricted Fund £ £ Manse rentalincome Sundry Total 6.Investmentincome Unrestricted Fund £ £ Interest and dividends Total 7.Other trading activityUnrestricted Fund £ £ Otherincome Total |
IAG UK & EUROPE Designated Funds Restricted 2025 Total 2024 Total £ £ £ £ 27,560 31,524 1,134 74,540 28,259 91,738 85,940 25,211 720 7,569 4,748 7,838 2,000 150 24,173 257,771 20,683 12,750 16,409 32,778 42,164 116,214 84,147 81,744 24,589 6,609 7,444 1,285 3,579 1,618 567 23,459 340,179 670,875 816,218 Designated Restricted 2025 2024 Funds Total Total £ £ £ £ Designated Restricted 2025 2024 Funds Total Total £ £ £ £ |
IAG UK & EUROPE Designated Funds Restricted 2025 Total 2024 Total £ £ £ £ 27,560 31,524 1,134 74,540 28,259 91,738 85,940 25,211 720 7,569 4,748 7,838 2,000 150 24,173 257,771 20,683 12,750 16,409 32,778 42,164 116,214 84,147 81,744 24,589 6,609 7,444 1,285 3,579 1,618 567 23,459 340,179 670,875 816,218 Designated Restricted 2025 2024 Funds Total Total £ £ £ £ Designated Restricted 2025 2024 Funds Total Total £ £ £ £ |
|---|---|---|---|
| Unrestricted Fund £ £ |
Designated Funds Restricted £ £ |
2025 Total 2024 Total £ £ |
|
IAG UK & EUROPE
8. Payment to Trustees
Payments made to trustees for additional services provided to the Charity
Number of trustees who were paid expenses
Nature of the expenses
1 trustees was reimbursed travel and fuel expenses totaling £2,594 during the period.
9. Fees for examination or audit of the accounts
Independent examiner's or auditors' fees for reporting on the accounts £ Other fees (e.g.: advice, accountancy services) paid to the independent examiner or auditor £
10. Paid employees
Staff Costs paid during the year were: Gross wages, salaries and benefits in kind £ 208,572 190,092 Employer's National Insurance Costs £ Pension costs £ 1,829 1,388 Supernumeraries Apprenticeship Levy Payroll service charge Total staff costs £ 210,401 191,479
Average number of full-time equivalent employees in the year were:
IAG UK & EUROPE
11. Tangible Fixed Assets
| 11.Tangible FixedAssets | ||||||
|---|---|---|---|---|---|---|
| Balance brought forward | Residential Land £ |
OtherLand £ |
Manses £ |
Fixtures, fittings and equipment £ |
Payments on account and assets under construction £ |
Total £ |
| Additions | ||||||
| Revaluations(+/-) | ||||||
| Disposals(-) | ||||||
| Transfers*(+/-) | ||||||
| Balance carriedforward | - | - | ||||
| Accumulated depreciation | ||||||
| Balancebroughtforward | ||||||
| Depreciationcharge foryear(-) | ||||||
| Revaluations(+/-) | - | |||||
| Disposals(-) | - | |||||
| Transfers*(+/-) | - | |||||
| Balance carried forward | - | - | - | - | ||
| Net book value | ||||||
| Broughtforward | - | - | - | |||
| Carried forward | - | - | - |
IAG UK & EUROPE
12. Investments
This year Prev year
Analysis of investment movements
| Analysis of investment movements | ||
|---|---|---|
| £ | £ | |
| Investmentslisted on a recognized Stock Exchange | ||
| Investments heldinCFB Managed Funds | ||
| Securities not listed on a recognized stock exchange | ||
| 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 |
IAG UK & EUROPE
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 Circuit Fund Accounts
Total Cash and Bank
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This year Last year
£ £
279,655 326,776
279,655 326,776
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15. Analysis of current liabilities and long-term creditors
Trade creditors
Other creditors Deferred income
Accruals
Total Current Liabilities
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- -
- -
-
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16. Capital commitments and contingent liabilities
At the 31st March 2025 the Charity has no capital commitments. No Contingent liabilities were identified at 31st March 2025.
IAG UK & EUROPE
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 | 326,776 | 670,875 | 717,996 | 279,655 | 326,776 | |
| DesignatedFunds | ||||||
| CMTF | ||||||
| Totals | 326,776 | 670,875 | 717,996 | 279,655 | 326,776 |
Restricted Funds
| 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
| Endowment Funds | ||||||
|---|---|---|---|---|---|---|
| Fund Name | Opening Balance |
Income | Expenditure | Transfers | Closing Balance |
Purpose of the fund |
| Totals | ||||||
| - | - | - | - | - | - |
CHARITY NO: 1131858
IAG UK & EUROPE
Declarations and Scrutiny
I confirm that these accruals-based accounts for the year to 31 March 2025 have been prepared from the records of the Charity and that they include all funds under the control of the Charity.
Signature of treasurer Date: 12/01/202512/01/2026
Name and address of treasurer: B en M athew, 34 The Gr eenw ay , R ick mansw orth
Post Code: WD3 8HU
Presentation to the Charity Meeting
I confirm that the annual report and accounts for the year ended 31 March 2025 were presented to the Charity meeting.
Signature of the Chair of the meeting -
Name of the Chair of the meeting: Varghese Abraham, Chairman, IAG UK & EUROPE.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees
Charity Name IAG UK & EUROPE
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|On accounts for the year|31 March 2025|Charity no|1131858|
|ended|(if any)|
|Set out on pages|Pages given above|
|I report to the trustees on my examination of the accounts of the above|
|charity (“the Trust”) for the year ended|31 / 03 / 2025.|
|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”).|
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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]] .
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:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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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: 13/01/2025 13/01/2026 ~~() , [| V4 __ fF~~ Name: SAIF CHARTERED ACCOUNTANTS ~~a~~ Relevant professional Association of Chartered Certified Accountants qualification(s) or body
1
Jan 2026
IER
(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
Jan 2026
IER