New Dimensions Faith World Ministries Trustees' Annual Report Year ended 31st December 2021 Registered Charity Number 1140236
Principal Address 124 Lower Dock Street NP20 1EG, Newport Charity Trustees B. Manjoro R. Kadenhe R. Wiliams Bankers Bank HSBC, Risca, Gwent, Newport, UK Governing Document Constitution of November 2011 Objectives The relief of need in socially and economically disadvantaged communities in the UK and overseas by the provision of training, capacity building and mentoring and by the placement of professionals to serve as volunteers in such communities.
Trips to Zimbabwe providing training and mentoring with over 1000 beneficiaries and relief.
School building in Zimbabwe.
Recruitment and Training Trustees of New Trustees The Declaration of Trust provides that the minimum number of shall be three, but there is no maximum number prescribed. New trustees are appointed by a resolution passed by a majority of the existing trustees as a body. Appropriate training in the duties and responsibilities of a trustee of a charitable organisation will be provided to any new trustee who may be appointed from time to time.
New Dimensions Faith World Ministries Trustees' Annual Report continued Year ended 31st December 2021
The Trustees have approved the above report.
(Trustee)
8 / 5 / 2 0 2 4 Date ____
Independent Examiners' Report to the Trustees of New Dimensions Faith World Ministries
We report on the accounts of the charity (number 1140236) for the year ended 31st December 2021 set out on pages 4 to 6.
Respective responsibilities of Trustees and Examiners
The Charity's Trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts under section 145 of the 2011 Act;
• follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and • state whether particular matters have come to our attention.
Basis of independent examiners' statement
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenlty no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiners' statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that, in any material respect, the requirements:
-
To keep accounting records in accordance with section 130 of the 2011 Act; and
-
To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
Have not been met; or
- To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
MBM ___ 1/5/2024 Chartered Certified Accountants Date
NEW DIMENSIONS FAITH WORLD MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared on the historical cost basis of accounting, in accordance with the Charities Act 2011 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Exemption has been taken from preparing a cash flow statement on the grounds that none of the size criteria are exceeded by the Charity.
The financial statements have been prepared in accordance with Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) and applicable accounting standards.
Income
All income arising in the year is included in the financial statements.
Expenditure
Expenditure for the year is included on a full accruals basis.
-3-
NEW DIMENSIONS FAITH WORLD MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Notes Incoming Resources: Incoming resources from generated funds -Voluntary income 2 Total Incoming Resources Outgoing resources: Charitable activities 3 Governance costs 4 Total Resources Expended Net incoming/(outgoing) Resources for the year Fund Balance brought forward Fund Balance carried forward |
Restricted Unrestricted Total funds Total funds Total funds Total funds Funds Funds 2021 2020 2019 2018 £ £ £ £ £ £ - 41,228 41,228 58,860 67,102 163,104 - 41,228 41,228 58,860 67,102 163,104 - 16,027 16,027 40,182 40,479 134,442 - 25,121 25,121 18,000 26,264 28,658 - 41,147 41,147 58,182 66,743 163,100 - 81 81 678 359 4 - 9,391 9,391 8,713 8,354 8,350 - 9,472 9,472 9,391 8,713 8,354 |
|---|---|
-4-
NEW DIMENSIONS FAITH WORLD MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Notes ASSETS Current Assets Cash at bank Total assets Total assets RESERVES Reserves Unexpended resources for the year Total reserves |
2021 2020 2019 2018 £ £ £ £ 9,472 9,391 8,713 8,354 9,472 9,391 8,713 8,354 9,472 9,391 8,713 8,354 9,472 9,391 8,713 8,354 9,472 9,391 8,713 8,354 9,472 9,391 8,713 8,354 |
|---|---|
Approved by the Board of Trustees on………………………………………. and signed on its behalf by:-
…………………………………………….Trustee
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NEW DIMENSIONS FAITH WORLD MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 2 VOLUNTARY INCOME Tithes & donations |
Restricted Unrestricted Total funds Total funds Total funds Total funds Funds Funds 2021 2020 2019 2018 £ £ £ £ £ £ - 41,228 41,228 58,860 67,102 163,104 - 41,228 41,228 58,860 67,102 163,104 |
|---|---|
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NEW DIMENSIONS FAITH WORLD MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 3 CHARITABLE ACTIVITIES TV Program Food Teas & Cofees Empowerment workshop Asylum seekers Visas, licencing and insurance Honorariums Zimbabwe mission building projects Online Bible School Website Covid-19 Outreach |
Restricted Unrestricted Total funds Total funds Total funds Total funds Funds Funds 2021 2020 2019 2018 £ £ £ £ £ £ - - - - 1,150 7,560 320 320 - 889 3,311 - - - - 580 280 - - - - 10,250 24,500 - - - - 3,560 19,241 542 542 1,200 1,000 18,050 - 1,500 1,500 - 3,050 11,500 - 13,664 13,664 25,000 20,000 50,000 - - - 7,824 - - - - - 2,000 - - - - - 4,158 - - - 16,027 16,027 40,182 40,479 134,442 |
|---|---|
No remuneration was paid to any of the trustees in their capacity as Trustees.
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NEW DIMENSIONS FAITH WORLD MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 4 GOVERNANCE COSTS Rent Accountancy Professional fees Salaries Cleaning Supplies Equipment,security and servicing Catering Phone & Internet |
Restricted Unrestricted Total funds Total funds Total funds Total funds Funds Funds 2021 2020 2019 2018 £ £ £ £ £ - 14,400 14,400 12,000 12,000 12,000 - - - - 1,200 1,800 - - - - - - - 6,000 6,000 6,000 12,000 12,000 - 221 221 - 149 900 - 4,500 4,500 - 285 1,058 - - - - 180 180 - - - - 450 720 - 25,121 25,121 18,000 26,264 28,658 |
|---|---|
Independent Examiners' Report to the Trustees of New Dimensions Faith World Ministries
We report on the accounts of the charity (number 1140236) for the year ended 31st December 2021 set out on pages 4 to 6.
Respective responsibilities of Trustees and Examiners
The Charity's Trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and state whether particular matters have come to our attention.
Basis of independent examiners' statement
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenlty no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiners' statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that, in any material respect, the requirements:
-
To keep accounting records in accordance with section 130 of the 2011 Act; and
-
To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
Have not been met; or
- To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
MBM __1/5/2024_
Chartered Certified Accountants
Date
NEW DIMENSIONS FAITH WORLD MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared on the historical cost basis of accounting, in accordance with the Charities Act 2011 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Exemption has been taken from preparing a cash flow statement on the grounds that none of the size criteria are exceeded by the Charity.
The financial statements have been prepared in accordance with Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) and applicable accounting standards.
Income
All income arising in the year is included in the financial statements.
Expenditure
Expenditure for the year is included on a full accruals basis.