Company registration number. 06951383
Charity registration number: 1132125
Ecumenical Parthership Initiatives
known as
Chaplaincy at London Luton Airport
IA company limited by guarantee)
annual Report and Financial Statements
for the Year ended 31 March 2024

Ecumenical Partnership Inttiatives
Contents
Reference and Administrative Details
Trustses, Report
4-12
Statement of Trustees, Responsibilities
13
Independent Examinetrs Report
14
Statement of Financial Activities
15
Balance Sheet
16
Notes to the Financial Statements
17-23

Ecumenical Partnership Inltlatlves
Reference and Admlnlstrative Detalls
Trustees
Anthony M Charles. (Chair)
Michael J Hart,
{Treasurer)
Desmond Scott
Ven David Middlebrook
David Pickett
(appointed 29 July 2024)
Other Offlcers
Mr. Alistair Burt, Patron
Rt Rev A Smith. Bishop of St. Albans, Patron
Baroness Dorothy Thornhill, Patron
Princlpal Offlce
st. Albans Diocesan Office
41 Holywell Hill
st. Albans
Hertfordshire
AL11HE
Company Regl8tratlon Number
The charity is incorporated in England.
06951383
Charlty Reglstratlon Number
1132125
Bankers
Barclays Bank plc
London Corporate Banking
Independent Examlner
John R Reeds FCA
48 St Peters Road
Buxton
SK17 7DX

Ecumenical Partnershlp Initiatives
Trustees, Report
The trustees, who are directors for the purposes of company law. present the annual report
together with the financial statements of the charitable company for the year ended 31
March 2024. The trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) °Accounting and Reporting by Charities" (FRS 102) in preparing the annual
report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set
out in notes to the accounts and compty with the charity's goveming document, the Charities
Act 2022 and Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland published in October 2019.
Objectlves and actlvltles
Objects and aims.
Purpose I Vlslon
Enabling people to encounter God's love through inspiring and resourcing Chap-
laincy and championing that work in the wider wortd.
Values
Empowering Chaplaincy..
We believe in Chaplaincy and our DNA is to inspire and resource more Chaplains to
joumey alongside people where they are.
Demonstrating God's love..
We will seNe anyone reganyless of their age, gender, r￿, sexuality, faith, ability or
status.
Collaborattve:
W8 lov8 Worting with Othe￿ who share our values, and we believe it adds value to
what we do.
Listening to God l Llstening to others..
We are prayerful, we look to Jesus for our inspiration and seek to follow his lead. We
also passionately believe in listening to those we seNe and seek to speak
pmphetically in different contexts.
Hopeful:
We believ8 in a God who transfom7s lives and situations.
We do thls through:
Being present and listening.
Serving, supporting and valuing people.
Affirming and enhancing workplace communities.
Providing expertise in practical, pastoral. ethical, social and spiritual care.

Ecumenical Partnership Initiatives
Trustees. Report
Objectives, strategies and actlvltles
ere Chaplaincy is empowered and equipped to work effectively. it improves people's well-
being and life chances, whether in the Workpla￿ or in the lives of those we work with
through the airport guests.
We aim to..
Provide Chaplains in these areas and ensure that they are trained and equipped to
do the role effectively.
Equip workplace Chaplains to be a voice and a presence of the church in the work-
place to reveal the design and dignity of work.
Get among the distressed and vulnerable at their point of need
Make a difference in the lives of those we work with by demonstrating God's love for
every individual.
Chaplains seek to..
Work to high standards and ethical principles providing a confidential listening ear of-
fering emotional, moral and spiritual supporL
They are independent, providing care for welfare and spiritualty, sharing the joys
and sorrows of the workforce.
Those visiting or travelling through the airport many who are often vulnerable
and in need,. to walk alongside them. advocate for them, helping them find the
support and help they need while at all times encouraging them to see their
worth and value.
Share the love of God through word and action. Chaplains do not proselytize, but
they are proactive in their presence - being a voice - to speaking out against poverty
and injustice, teaching the design and dignty of life and work and, when invited,
sharing the Christian fatth. At times of significant crisis, the Chaplain's support for
those we work with both corporately and as individuals is priceless.
Equip themselves with the knowledge of other professional services such as support
far the homeless or refugees, and signpost to these ServI￿S when appropriate.
They provide a high-quality multi faith Chaplaincy
Key to the success of the chaplaincy is good partnership working. Partnerships with the
airport community, with the wider community in which we operate. and also the
denominations and faith whose support for our work is vital

Ecumenical Partnership Initiatlves
Trustees. Report
A year of change
This year has been a further year of change for the organisation, building on the changes of
last year. Waterways Chaplaincy, which was part of the original work, established Ftself as
an independent Charty early 2023 and the remaining Airport Chaplaincy became the main
focus of EPI ath'vity and so trustees undertook all the structural changes needed to make it
fit for purpose
These changes included amending the articles of association to reflect the Chaplaincy at
London Luton Airport as the main work of the charity. As part of that although we retained the
registered name as Ecumenical Partnership Initiats'ves, we changed the working name from
Workplace Matters to Chaplaincy at London Luton Airport to reflect more accurately what we
l am pleased to say that through all these thanges bolh of the chaplaincies have continued
to thrive
Concluslon
We are most grateful to our volunteers for the service they are delivering to the public
through our Chaplaincy and wholeheartedly thank trustees and stsff for their energetic
response to the challenges, and for their steadfast work, not only to keep the charity afloat,
but to see it grow.
Achlevements and perforniance
Details of the difference the charity has made and the benefft to the public of the activities it
has undertaken are given below.
H wdowem
asure our suc
ess?
1. Increasing the number of people that we are able to assist through our work.
2. Being able to measure the tangible difference we make in the lives of those we meet.
3. Through secular and Christian media coverage highlighting the work we do.
4. Feedback from those we work with and organisations we work in partnership with.

Ecumenlcal Partnershlp Inltlatlves
Trustees. Report
l. Increasin
the number of
le that we are able to assist throu
h our wor
The team continued to work in partnership with Noah Enterprise, the local homeles
ness charty. in supporting foreign nationals that become stranded in the UK and
some British people who tum up at the Airport wrth nowhere to live!
The Chaplaincy continued to support those arriving fleeing the war in Ukraine and
other refugees fleeing persecution.
They were involved with a small number of ￿PatriatiOn cases in conjunction with the
Foreign, Commonwealth & Development Office (FCDO) .
Wrth rising numbers coming back through the airport since the pandemic the
Chaplaincy have seen an increase in requests for their support.
The relatively new landside prayer room was well used by people of all farths and
none. Chaplains often 'hang around, there and were available for the stsff and visi-
tors who came to use it.
Pastoral support has been given to staff feeling the pressure as guest numbers grow
and new recruitment takes place.
Christian prayers were held in the Landside Prayer Room, every day of Lent (except
Saturdays).
Regular Muslim prayers are said every Friday led by the Imam .
2. Beln
meet.
able t
ure the
Ibl dlffe
ncew
make In th Ilv
of those we
This is seen in the stories of the lives we have impacted through the Chaplaincy. There
are too many to detsil but below are a few stories that reflect the work we do.
Storle? of transfomiatlon: London Luton Alrport Chaplalncy
Story 1
A young woman missed her flight to Edinburgh (EDI) because the flight she was on
from Tel Aviv arrived late. She was in quite a state when we met her. Thankfully, were
able to get in touch with her family, who were dearly very worried about her. Her father
had been at Edinburgh to meet her, but she just didn't tum up - he was unaware at
that point that she had missed the conneth"on.
I he young woman was Con￿rned that her family would be cross with her but I
assured her thev just seemed worried when I contacted them. Her brother was also on
the phone to me - Con￿rned she'd been drinking. I said I couldn't be certain, but I
wouldn't be surprised. Her father is a military Chaplain in the US army, so clearty
understands my role s a Chaplain.

Ecumenical Partnership Initlatlves
Trustees. Report
Dad. in one of his calls said that the reason for meeting her in Edinburgh was to get
her home to look after her as she had had a 'breakdown'. The family are Jewish and
she has re￿ntlY been looking at her faith again for the first time in years. so we had
quite a discussion regarding the tenets and benefits of faith.
The ground handling team, who had b￿n really good with her throughout arranged
rescue fee (available in some circumstances when people have missed flights) for a
flight that evening. Her Father was very keen to pay back any money that we spent on
getting her home. We received a message later in the evening to say that she had
arrived safely and was safe and well with her family. We were not charged for the flight
by the airline which was really kind. l immediately contacted the Father- who had
already sent the money to my account. He was happy for the chaplaincy to keep the
money, because he appreciates the really important worf( that we are doing here and
especially how we looked after his daughter.
Story 2
A family with three Autistic children missed their return Ilight to Belfast due to delay in
security because of questions over some of their medication. One of the Guest
Experience Team (GXAS) (the Chaplaincy work very closely with this team and often
where they turn for support,) asked for assistance. They had already negotiated with
easyJet to transfer them onto flight tomorrow - but they needed a hotel to stay in
overnight.
The Mum was very upset at missing the flight and trying to deal with the family. The
Guest Experience Team helped to book the necessary rooms at a local hotel. By the
time it was all sorted we had helped mum to calm down and know that everything
would be all right and she was so grateful for the help given her by the chaplaincy and
the GXA - we were heroes in her eyes.
She was especialty moved as she said they felt that they had reached rock bottom and
didn't know what to do, so they prayed! She believed that she had received a direct
and prompt answer to their prayers! I told her always to remember that it was a Muslim
and a Christian that came to assist her- and that we can and do work together for
goodl
Sustalnabillty of the LLA Alrport Chaplalncy
Since the war in Ukraine and other confiicts it has signtficantly increased the profile of
the Chaplaincy and created a new interest in supporting the ministry. As part of the
future development of the Chaplaincy the trustees are creating a new management
group representing the airport and interfarth aspects of the Chaplaincy to help build up
the work and increase the number of volunteers. The new prayer room landside is
being well used and we are gradually reintroducing the ServI￿S initialty through
special seasons and progressively adding regular prayers for those who work in the
building. All these elements will, together wrth the ongoing support of the
denominations. we believe, enable the long-term sustainability of the work.

. Ecumenlcal Partnershlp Initiatlves
Trustees, Report
3. Throu
h secular and Chrlstian media covera
ehl hli
htin
the work we do
We are advertised widely through the airport networks.
The Senir Chaplain was featured on local television and radio for the Chaplaincy role.
We continued to be recommended and highlighted by the authorities we work with.
We had positive arb'des in several magazines and in airport news.
4. Feedback from those we work wlth and o
anlsatlons we work In
artnershl
with
Trustees would like to acknowledge the financial support they have received..
Funding for the airport chaplaincy provided by London Luton Airport, the Diocese of
St Albans. the Bedfordshire, Essex and Hertfordshire Circuit of the Methodist Church,
the Bapt'st Church of Great Britain, the United Refonned Church and the Religious
Society of Friends.
We are also indebted to a number of individual churches and individuals who support
the work financialty.
Alberto Martln CEO of London Luton Al￿Ort It was an honour to attend the Chaplaincj,
event, and l am grateful for the opportunity to witness the incredible wort( being done by our
Chaplaincy team 8nd the support from the trustees and the community.

Ecumenical Partnershlp Initiatives
7rustees' Report
Public benefit
The trustees confirn that they have complied with the requirements of section 4 of the
harities Act 2011 to have due regard to the public benefft guidance published by the
Charity Commission for England and Wales. More details of how the charity has provided
public benefits can be found in the achievements and perf0mlan￿ section of this report.
Use of volunteers
Chaplaincy at London Luton Airport values highly the contribution made of the volunteer
Chaplains and trustees who give of their time freely. The value of their contribution is not
included as income in the Statement of Financial ActivÉties.
Staff
We have 1 Full time Chaplain based at London Luton Airport together with 8 volunteers.
The charity administration functions are carried out by the trustees.
Board changes
The board remained the same throughout the year and were joined by David Pickett in July
2024.

Ecumenlcal Partnership Inltlatives
Tnvtstees, Report
Financlal revlew
Incorne for the year £82.712 (2023: £167.192) and expenditure for the period was £59,249
(2023: £126,202) resulting in net income of £23,463 (2023". £40.990). The balance of
unrestricted funds at the end of this financial period amounted to £61 ,550 (2023 £34.149)
and the balance of restricted funds totslled £47.260 (2023.. £51,198).
The Chaplaincy at London Luton Airport do not accept funding from organisations or
activities that are materially inconsistent with our values and are also mindful of the danger
of undermining the credibility, effectiveness and unty of the Church's witness were they to
do so.
Pollcy on reserves
The trustees believe a level of free reserves equal to 12 months of the Chaplains
expenditure to ensure a smooth execution of the trust and rts work in the event of a serious
reduction in income. At current levels of expenditure, this amounts to £49,240. It is planned
to use the remaining £12.310 in reserves to fund a part time administration role for the first
two years to support the Senior Chaplain and the trustees to grow the Chaplaincy and build
the fundraising income needed for the increased wor
Free reserves on 31 March 2024 total £61,550. Funds continue to be monitored carefully to
ensure this is maintained
Investment pollcy and objectlves
The charity has no long-term investments.
Risk Management
The Board review the risks annually at their spring meeting and monitor them every quarter.
They are content that the controls in place are adequate.
The main risks in 2023124 were.
1. Loss of funding
Much of our funding is annual funding from denominations and individuals who have
supported the work for many years. Their continued support has meant this has r
duced any risk and therefore the impact was minimal.
2. Safeguarding
All trustees and volunteers must undergo nab'onal safeguarding training before com-
mencing any duties on their own.
The organisation has a lead Safeguarding Officer and a Safeguarding Trustee who
feview the work.
3. Reputational Risk
I he communities in which we work are overseen by a small number of regulatory
agencies and companies where, if there was an issue, it could impact the relationship
and our ability to do the worf(.
li

Ecumenlcal Partnershlp Initlatlves
Trustees. Report
Structure* governance and management
Nature of governing document
Chaplaincy at London Luton Airport is the working name of Ecumenical Partnership
Inrtiatives which is a registered Charity and a company limited by guarantee. The Company
is governed by its Memorandum and Articles of Association (the governing documents). In
the event of winding up, Members, liability is limited to £1 each.
Recrultment and appolntment of trustees
As of 31 March 2024, the Board comprised four trustees. They are collectively responsible
for the oversight of the management of the affairs of the Charity. They are subject to election
or re4election according to procedures set out in the goveming document. All members of
the Board give their ts.me voluntarily and receive no benefits from the Charity. The trustees
may claim reasonable expenses in connection with their duties as trustees. On appointment,
each trustee is given an induction by the Chair and Company Secretary, together with copies
of Charity Commission guidan￿ on being a trustee and organisational policies and
procedures. Their responsibilities include the oversight of the business of the Chaplaincy at
London Luton Airport. regular review of the finances, risk management and monitoring of
projects.
The period of appointment is for three years and is renewable for further tenns.
The Board has delegated day to day management of Chaplaincy at London Luton Airport to
the Senior Chaplain who reports on the performance of the organisation to the board.
Organlsational structure
The Senior Chaplain has responsibilty for planning and developing the services and
strategies for the Chaplaincy at London Luton Airport wrthin the vision. policies and
procedures set by the board of Directors. The Senior Chaplain ensures that the volunteers
are recruited and supported to provide the skills and expertise needed to run a successful
organisation and that the Chaplaincy at London Luton Airport goals and values are
observed. The trustees together wrth the Senior Chaplain is also responsible for Fundraising,
PR and Extemal and Intemal Communicats'ons.
The Trustees manage the administration of the Chaplaincy at London Luton Airport, Des
Scott, one of the trustees acts as Company Secretary and provides first-contsct information
for the Board of Directors.
The Senior Chaplain, together with the Treasurer. is responsible for the financial
management and maintenance of accounts, budgets and reports. The Treasurer, prepares
and presents quarterly reports to the Board and other reports as required.
The annual report was approved by the trustees of the chanty on 16 Sept 2024 and signed on
its behalf
A M Charles
Chair of Trustees
12

TnMt8es (W￿ are aso E¢xHnthcal Pathwslvp Ii¥tiatsves for the purposes of
company knv) are r&p(X￿Ib1o for preparhu tho Intstees. report and the ffftancial *atwnents In
Accounting Practic8) arnt appl*able law *xl re9￿ations.
they glve a tri￿ and lair ofth8 State of affaiY8 of the cunpary and of ts incoming
r•aourceG arKI appllcatson of resource& Indudkng Its tsKomo arKI ex￿dIti1[e for that p8rKJd. In
preparlry these statem￿. th8 I￿￿te85 arn wulrnd to..
. ob8arve th• mthd• and tslpl88 In thè Chwths SORP 2019 (FRS102);
The truSt￿S are respon8lble for koeplThJ aCc(￿ntIng records that aro 8uffld8nt to Show and
eyplaln ts tharltabkn compwrfs tr￿￿cl￿n8 WKI disclose wtth rea￿nth accuracy at any tlme th
flnanclal p081tk)n of the chwitable o)mpary thom to on8urn that tho finandal statsm￿ts
compty wlth the Ccffipanl88 Act 20Cffj. Tlw arn a*0 r•SP￿sU0 for 8akguwdlng as88ts of Ihe
Gharttable company and y•v&ttlon WKI d•t8ctlon offraud
and othar Irr•3ularl#os.
Approv•d by1ho tr(*t￿ of the dwlty on th• sign•d cffi It8 bf.
Chalr ol Tru818

31 2024 vthKh are s& on pages 1&2&
R•oponslbAlllles a￿1 IM•ls
As the c*barfty tsu*s of the elynp￿ (and *0 ib dlre(kn for the puryxms of compary law). you
Companies Ad 21K16 fthe 2006 Arf).
Havlr4J satisfied my8dl that tha accrAnl8 of the COMP￿ are rwimred to b8 audited under Part
16 of 20C6 Act are for #Klep￿ examirnllon, I report In rnspect of my
xarnina￿n of your cornwrfs as carrf&l Ufxler sedion 145 of the Charities Act 2011
{Yhe 2011 ACY). In Cwrytr￿ out my eXamW￿li0n. I fthy*ed the Direclions ￿ by the Charty
Commlssion urthr sedicm 145(5)(b) 2011 A
wlth the examinallon ghring ffkg wse to bettwe that in any mtsial resp**
1. 8ccountlng re(xKd8 wwe not keFI kn rw rf the as requ1￿1 by 8acts.￿ 386 of the
2CrfJ6 Act: or
olher any that gfve a and fair viv# ￿lch is not a matter
4. ts accourt8 have rK* prO￿red In ac(¥xd¥dKe methods prlrKiples of the
Statement of Recomme￿ Prackn kn accourity and rqjorting by chariti2s applicab￿ to
applicab￿ in the UK ￿ RqJul* d IthKI (FRS 102).
I have no canc8mg have come auoss no in Conne(*1¢￿ vAh the examlnatk•n to
Dat&. 18 Septanbw 2024
14

Statement of Finaneial Activiti￿ for the Per￿d ended 31 Marcb 2024
(Includlng Ineome and Expenditsre Aeeount and Statement of Totsl Recogllffis￿ Gains and Lwses)
unrestrict￿ Restricted
funds
funds
Total Funds
2024
)te
Income and Endowments from:
Charitable activities
Investment income
Other incoff
Total Income
Expenditurn on:
Charitable activlties
Total Expenditure
Net income/(expenditure)
Net transfer between funds
Net movement In funds
66,467
744
15,501
81,968
744
67,211
15,501
82,712
5 (52,259) (6,99))
{52,259) 16,990)
14,952
8,511
12,449 {12,449)
27,401
(3,938)
159,249)
(59,249>
23,463
23,463
Reconcillation of funds
Total ￿ndS brought forward
Net movement in funds
Total ￿ndS Ca￿1￿ forward
34,149
27,401
61,550
51,198
{3,938)
47,260
85,347
{3,9381
108,810
11
Unro8tricted Restrlcted
funds
funds
Totsl Funds
2023
Nots
Income and Endovmients from:
Charitable actlvltles
Investment income
Other income
Total Income
Exp&nditurn on:
Charitable activities
Total Expenditure
Net income/(expenditure)
Net transfer between funds
Net movement in funds
4,671 147.813
257
14,451
19.379 147,813
152,484
257
14,451
167,192
5 (12,330) (113,872)
(12,330) (113,872)
7,049
33,941
(34,149)
34,149
(27,IlJJl
68,090
1126,202)
(126,202)
40,990
40,990
Roconclliation of funds
Total funds brought forward
Funds Return￿ to Waterways Fund
Tota] funds LzrrieAI fomttl
61,249 110,793
(127,685)
51,198
172,042
1127,685)
85,347
11
34,149

EcumeniL*l Partnership Initiatives
Balance Sheet as at 31 March 2024
Note
2024
2023
Current Assets
Debtors
Cash
1,200
133,182
134,382
(49,035)
115,515
115,515
(6,705)
Creditors: Amounts falling due
within one year
Nd current &ssets
10
108,810
85,347
Net assets
108,810
85,347
Fun(L8 of the charity.:
Restricted funds
Unrastricted fiu]ds
47,260
61,550
51,198
34,149
Total funds
108,810
85,347
For the 12 Month period 31 March 2024 the charity was entitled to exemption from audit
under section 477 of the Companies Act 2006 relats'ng to small companies.
Directors, ￿spOnSIbl11t1eS".
The members have not required the chanty to obtain an audit of its accounts for the
period in question in accordance wrth section 476" and
The directors acknowledge their ￿spOnSibl11t1eS for complying with the requirements of
the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepa￿d in accordance with the provisions applicable to
companies subject to the small company's regime and in accordance with FRS102 SORP.
The financial statements on pages 15-25 were approved by the trustees and authorised for
issue
and signed on their behalf by..
Amcha
Chair of Trustees
16

Ecumenical Partnership Initiatlves
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charity status
The charity is a charity limited by guarantee and consequently does not have share capital.
Each of the trustees is liable to contribute an amount not exceeding £1 as set out on page
12 of this report towards the assets of the charity in the event of liquidation.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements
are set out below. These policies have been consistently applied to all the years presented,
unless otherwise stated.
Basis of preparation of financial statements
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Stsndard
applicable in the United Kingdom and Republic of Ireland (FRS102), the Companies Act
2006 and UK Generally Accepted Practice.
Ecumenical Partnership Initiatives meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy notes.
The financial statements are prepared in sterting. which is the functional currency of the
charity and rounded to the nearest £.
Going concem
The trustees consider that there are no material uncertainties about the charity's ability to
continue as 8 going concem nor any significant areas of uncertainty that affect the carying
value of assets held by the char"rty.
The charity has prepared forecasts of income and expenditure. taking into account the
grant of 500/0 towards the Salary Cost of a Chaplain by Luton Airport which is guaranteed
until 2025, which show they have sufficient ￿seNeS to be able to continue for a period of
12 months from the date of approval of these financial ststements and therefore they
believe it is appropriate for the accounts to be prepared on a going concem basis.

Ecumenical Partnershlp Initiatives
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Exemption from preparing a cash flow statement
The charity has applied the disclosure requirements of section 1A of FRS 102 other than
where additional disclosure is required to show a true and fair view and have therefore not
included a cash flow statement in these financial statements.
Income
All income is recognised On￿ the Charity has entitlement to the income, it is probable that
the income will be received, and the value can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that
expenditure, it is probable settlement is required and the amount can be measured reliably,
All costs are allocated to the applicable expenditure heading those aggregate similar costs
to that category. Where costs cannot be directly attributed to particular headings, they have
been allocated on a basis consistent with the use of resources. wrth central staff costs
allocated on the basis of time spent, and depreciation charges allocated on the portion of
the asset's use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs inCUr￿d by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirect nature necessary to support the
Support costs
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, staff costs by the time spent and other
costs by their usage.
Govemance costs
These indude the costs attributable to the charity's compliance with constitutional and
statutory requirements. induding audit, strategic management and trustees, meetings and
reimbursed expenses.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any
subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisatson
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation,
less any estimated residual value. over their expected useful economic life as follows.
Computer equipment 33QA straight line
Debtors
Debtors are recognised at the settlement amount after any trade discount offered.
Prepayments
Are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprrse cash on hand and call deposits. and other short-term
highly liquid investments that are readily converts'ble to a known amount of cash and are
subject to an insignificant risk of change in value.
18

Ecumenlcal Partnership Initiatives
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of
a past event. it is probable that a transfer of economic benefit will be required in settlement,
and the amount of the settlement can be estimated reliably. Liabilities are recognised at the
amount that the Charity anticipates it will pay to settle the debt or the amount it has re￿iVed
as advanced payments for the goods or ServI￿S it must provide. Provisions are measured at
the best estimate of the amounts required to settle the obligation.
Funds structure
Unrestricted income funds are general funds that are available for use at the trustees,
discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific
purposes, the use of which is restricted to that area or purpose.
The restricted fund of £59,709 is for the use of supporting of passengers and their
repatriation. An amount of £47,260 is in a bank account for use of this and the balance of
£12,449 may be used for salaries of supports'ng staff. Accordingly, an amount of £12,449 has
been transferred to unrestricted reserves. The board of Trustees have confirmed that no
restricted funds are contained in bank accounts other than the designated one containing
£47,260.
Employee benefits
When employees have rendered seNice to the Charity, short temi employee benefits to
which the employees are entitled are recognised at the undiscounted amount expected to be
paid in exchange for that service.
The Charity operates a defined contribution pension scheme. Contributions are charged in the
statement of financial activities as they become payable in accordance with the rules of the
scheme.
Gifts in kind
There are no gifts in kind.
Judgement and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience
and other factors, including expectations of future events that are believed to be reasonable
under the circumstances,
Critical accounting estimates and assumptions:
The charity makes estimates and assumptions conceming the future. The resulting
accounting estimates and assumptions will, by definition. seldom equal the related actual
results,
Income from charltable a¢tlvlll•s
Unrestricted
fvnds
Restricted Total
General funds
2024
15,501 15,501
Total
2023
45,372
102,441
4,671
152,484
London Luton Airport grants
Waterways Chaplaincy grants
Othergeneral grants
66,467
66,467
66,467
15,501 81,968
2023
4.671 147.813
152,484

Eeumenical Partne￿￿1p Initiatives
Notes to the Financial Statements for tht YearEnded 31 Marth 2024
Investment Income
Unrestricted
nds
General
Total
2024
Total
2023
Interest receivable on bank detx)sits
744
744
257
2023
257
257
Expenditure on charitable aclivitios
Unrestricte Restricted
funds
fvnds
General
Total
2023
Total
2022
London Luton Airp(rt
Watenvays Chaplain
General
41,752
72,120
12,330
126,202
9,726
9,726
9,726
9.726
2023
12.330 113,872
126,202
Net incomelexpenditure
Net incomel(expenditure) for the vear include:
2024
2023
t￿p￿CiatIon of fixed assets
307
IndeFendent examinff's fees
800
Staff o)sts, Trustee's remuneration and expense9
Analysis of staff wsts:
2024
2023
Salaries
National Insurdnce
Pe￿IOn
44,859
4,185
479
67,077
3,463
2,974
73,514
49,523
20

Ecurnenical Partnership Initiatives
Notes to the Financial Statements for the Year Ended 31 March 2024
No employee received remuneration amounting to more than £60,000 in either period.
The average number of persons employed by the charitable company during the period
was 1 (2023. 5).
No trustees, nor any persons connected with them. have received any remuneration from
the charity during the period. (2023: £Nil)
No trustee5 have received any reimbursed expenses or any other benefrts from the charity
during the period. (2023: £Nil)
8 Taxation
The company is considered to pass the tests set out in Sch. 6, para. 1 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax
purposes. Accordingly, the company is potentially exempt from taxation in respect of
income or capital gains received within categories covered by Pt. 11, Ch. 3 of the
Corporation Tax Ad 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992, to the
extent that such income or gains are applied exclusively to charitable purposes.
Debtors
2024
2023
Prepayments
Trade Debtors
Other Debtors
1,200
1.200
10
Credltors: amounts falllng due ￿thIn one year
2024
2023
Deferred Incom
Ned to WWA
Taxation
Accruals
3,221
3,221
6,705
3,221
21

Eeumenknl Partnership Inits2tRves
Not&s to the Financial Statements for the Year EDded 31 Marth 2024
li
Funds
Balance at Inc(xna
01-Apr-23
ExpenthturTr￿sIer3
Balance at
31-Mar-24
Unr88trlcted f￿d9
General
34,149
67,211 (52,259) 12,449
6L550
Restrlctèd l￿d8
London Lutcfj Aj'rport
Total Fund8
51,198
.501
{6,990) {12,4491
47,260
85,347
82,712 {59,2491
108,810
12
Anatysis of net assets betw*n fuDds
un￿Strirte(RestrlCted
Funds
Funds
Total Funds
31-Mar-24
CunEnt Assets
CunEnt Liabilities
Total Net Assets
64,317
(6,7051
57,612
51,198
115.515
16,705)
108,810
51,198
2023
CunEnt Assets
CunEnt Liabilities
Totsl Net Assets
83,184
{49.0351
34,149
51,198
134.382
149,035)
85,347
51,198
Related partv transactions
There are related party transactions during the period other than the
Gift in Kind (£nil)12023: £8.OLKi).
22