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2024-03-31-accounts

ReachAcross (UK) (A charitable company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS

For the Year Ended 31 March 2024

Charity Number: 1148692 Company Number: 07900867

ReachAcross (UK)

TRUSTEES REPORT for the year ended 31 Mar 2024

The Trustees present their annual report and financial statements for the year ended 31 Mar 2024

Legal and administrative information

Full Name: ReachAcross (UK)
The charity was incorporated under the Companies Act 2006 –Company
number 07900867 registered in England and Wales, Charity number
Constitution: 1148692.
Charity Registered Number: 1148692
Company Number: 7900867
Date of Incorporation: 06 January 2012
Trustees during the year: Mr. J. Laws (Chairman)
(unless stated) Mr. K. Macpherson (Vice Chairman)
Mr. P. Jolly
Mrs. G. Crawford (Resigned 22 May 2024)
Mrs. S. Laws
Dr. A. Perkins
Dr. M. Pickett (Resigned 22 May 2024)
Trustees Appointed after Mr. S. Dickinson (Appointed 11 Sep 2024)
the Balance Sheet date: Mrs C. Bell-Williams (Appointed 11 Sep 2024)
Treasurer: Mr. S. Babenko (Resigned 21 May 2024)
Chief Executive Officer and
Secretary: Mr. G. M. C. Tainio
Registered Office: Unit 6 Station Court
Station Approach
Borough Green
Sevenoaks
Kent
TN15 8BG
Bankers: National Westminster Bank plc.
West Malling (A) Branch
43 Swan Street, West Malling,
Kent ME19 6HF
Independent Examiner: Jackie Irvine-Smith
Independent Examiners Ltd
Unit 2
The Broadbridge Business Centre
Delling Lane
Bosham
PO18 8NF

1

ReachAcross (UK)

TRUSTEES REPORT for the year ended 31 Mar 2024 (continued)

Charitable Objects

The objects of the Charity are:

Policies to Further our Objects

The Charity seeks to further its objects through the provision of medical support, teaching and setting up of community projects of a medical and educational nature, either under contract to the local government or with an independent programme with government approval where required.

The Trustees believe that the objects and policies of the Charity have spiritual and practical public benefit.

Organisation

The Charity is governed by a Board of Trustees which is responsible for setting the strategic direction of the organisation and for establishing policy. The Board of Trustees meets at least three times a year and delegates the day-to-day operation of the organisation to a management team based at its office in England. Through this office, funds are channelled to the work of the Charity which is part of an international fellowship of charities with the same working name (ReachAcross) and similar objectives.

Review of the Period

During the annual period under review, our mission workers have been serving in different contexts, where their primary goal is to advance the Christian religion through sharing the gospel, teaching and serving in practical ways in their various locations around the world—whether in places such as North Africa, the Middle East and Asia, or in Western nations serving in Muslim-majority communities, or with refugees. Many of our mission workers serve in practical ways such as in teaching English, or serving in medical services provided locally. During this financial year, ReachAcross has also continued to explore mission opportunities in the Balkans, where there are large populations of Muslims who are yet to receive the Christian gospel. It is hoped that in the future, ReachAcross will be able to send long-term and short-term mission workers to that region. Many potential partnership possibilities are being examined.

The Charity, its projects and its mission workers are supported by voluntary contributions primarily from churches and friends of the Charity. Supporters and churches are updated about the work of the charity through speaking engagements, conferences, newsletters and monthly prayer bulletins. Some speaking engagements were provided ‘online’, but with the Covid-19 pandemic being largely over, we were able to speak at churches and attend exhibitions/conferences in person. Throughout the year ReachAcross has encouraged UK churches in their mission engagement among Muslims, especially those as yet unreached with the Christian gospel. Churches responded by praying for the mission and financially providing for ReachAcross mission workers and projects. Our hope is to continue recruiting mission workers from these churches.

Continuous efforts were made to recruit and mobilise further mission workers during the course of the year, to be deployed long-term and short-term overseas as well as in the UK. ReachAcross(UK) works in partnership with other ReachAcross charities mostly based in western nations, though also in Uganda, and recruitment and mobilisation of mission workers continues to gradually expand the mission workforce. More are required, as the needs and opportunities for ministry are great.

Overseas, ReachAcross has also partnered with local Christians, providing training in reaching Muslims with the Christian gospel, as well as encouraging Christians to minister with practical help to Muslims suffering through poverty or lack of resources.

2

ReachAcross (UK)

TRUSTEES REPORT for the year ended 31 Mar 2024 (continued)

For security purposes, given that we serve in Muslim-majority countries where some antagonism can from time to time be experienced when engaged in Christian mission work, we do not disclose our specific operating locations in this report. However, the following are four short descriptions of some of the types of work in which our long-term and short-term overseas mission workers and partners have been/are engaged:

Undergirding all our practical service ministry is prayer for Muslims and the proclamation of the Christian faith among them. We believe that everyone in the world needs to hear the Christian gospel — both the message of the gospel — that of salvation through the Lord Jesus Christ — as well as hearing the teaching of the Christian faith which leads to radical change in how people live their lives — loving God and neighbour, all to the glory of Christ.

Financial Results and Future Activities

We are grateful to God for the Charity’s income in the form of gifts from supporters, legacies and investment income from funds in hand. Our net incoming resources for the year to 31 Mar 2024 amounted to £654 (cf. 2023 net incoming resources (£140,938)), including losses/gains on investments.

The total funds held by the charity at 31st March 2024 were £1,034,096 consisting of £125,736 restricted funds and £908,360 unrestricted (including designated) funds. Free reserves as represented by unrestricted net current liabilities were (£62,423). The Trustees will endeavour to increase the free reserves to a positive level.

Preparation of the accounts is on a going concern basis. The Directors consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

3

ReachAcross (UK)

TRUSTEES REPORT for the year ended 31 Mar 2024 (continued)

Investment Policy

During the period the Trustees continued investing a proportion of available funds in longer-term investments, in view of the low returns on cash deposits, whilst retaining sufficient in shorter-term deposits for the ongoing day to day requirements.

Reserves Policy

Within the Unrestricted Funds the Trustees have set a policy that funds immediately available/up to three months to maturity at a targeted £150,000 will be maintained. This allows for several months operating costs in the absence of incoming funds. Also, within the Unrestricted Funds the Trustees have set aside an amount of £10,000 as an emergency fund to allow a quick response to any emergencies, and a retirement fund used to provided small retirement benefits to retired long term ReachAcross(UK) charity workers, as well as designated funds which have been allocated at the discretion of the Trustees towards ReachAcross charity workers and projects.

Risk Management

The Trustees actively review the major risks that the Charity faces on a regular basis and believe that maintaining general reserves at a level sufficient for the Charity’s activities as stated above, combined with the regular review of controls and systems carried out, will provide sufficient resources in the event of any problems. The Trustees have also examined the operational risks faced and established that the necessary systems are in place to mitigate the significant risks.

Public Benefit

The Charity acknowledges its requirements to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how these are achieved are provided in the Trustees Report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit when deciding what activities the Charity should undertake.

Trustees

The Trustees in office at the date of this report are set out on page 1 and have served throughout the year unless otherwise stated. Trustees have the power, by ordinary resolution passed by a majority of the Trustees, to appoint new Trustees. A Trustee can be removed by resolution passed by seventy five percent of the Trustees present at a Board Meeting. At each Annual General Meeting (AGM) one third or the nearest number to one third must retire from office, including any Trustees appointed during the year. The Trustees are provided with training and advice on a regular basis.

Mr. Jeff Laws remains as Chairman; Mr. Keith Macpherson remains as Vice Chairman; and Mr. Sergey Babenko remains as Treasurer.

4

ReachAcross (UK}

TRUSTEES REPORT for the year ended 31 Mar 2024 (continued)

Statement of Trustees' Responsibilities

The Charities Act and the Companies Act 2006 require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of thcharity. In preparing those financial statements the Board is required to:

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which are sufficient to show and explain the Charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' Report, and the responsibility of the Independent Examiner in relation to the Trustees' Report is limited to examining the Report and ensuring that, on the face of the report there are no inconsistencies with the figures disclosed in the financial statements.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

We approve the attached statement of financial activities and balance sheet for the year ended 31st March 2024, and confirm that we have made available all information necessary for its preparation.

Approved by the Trustees on .7th; DecBtVt-b er· :2024-

and signed on their behalf by

✓.7. ............................... . ···········�av

Mr. Jeff Laws (Trustee/Chairman)

5

INDEPENDENT EXAMINER'S REPORT

To the Trustees of ReachAcross (UK)

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages 7 to 16.

Respective responsibilities of Trustees and examiner

As the charity’s Trustees of ReachAcross (UK) (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of ReachAcross (UK) are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since ReachAcross (UK) gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Charity Independent Examiners, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of ReachAcross (UK) as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)].

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.

...................................... J Irvine-Smith FCIE Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 13 December 2024

6

ReachAcross (UK)

STATEMENT OF FINANCIAL ACTIVITIES Income and Expenditure for the year ended 31 Mar 2024

----- Start of picture text -----
Restricted
Unrestricted Funds Total Total
Funds
Notes General Designated 2024 2023
£ £ £ £
Income and Endowments from: 4
Donations and Legacies 83,082 224,151 11,380 318,613 343,797
Trading Activities 5 0 0 5 602
Investments 2,426 0 0 2,426 1,183
Total Income 85,513 224,151 11,380 321,044 345,582
Expenditure on: 5
Raising Funds 75,928 22,443 0 98,371 107,901
Charitable Activities 10,147 209,537 21,429 241,113 273,987
Support Costs: 61,086 0 0 61,086 78,813
147,161 231,980 21,429 400,570 460,701
Net (expenditure)/income before (61,649) (7,829) (10,048) (79,526) (115,119)
net gains/(losses) on Investments
Net (losses)/gains on investments 7 80,180 80,180 (32,421)
Net Movement in Funds 18,532 (7,829) (10,048) 654 (147,540)
Reconciliation of Funds
Total funds brought forward 801,098 96,559 135,785 1,033,442 1,180,982
Transfers
Total funds carried forward 819,630 88,730 125,736 1,034,096 1,033,442
----- End of picture text -----

7

RoachAcross IUIQ 2023 TaryLl¢ assets 2.147 3,255 970.783 891,710 10.173 1,986 le0,￿1 Cash at arnl ui ,137 16.824 16, 21,1&3 21.156 6&313 141.731 NstAss•t6 1.0x096 10 - Gen8ral fuTrJs - Reva￿￿1￿￿ f￿d& . Des•3nated 417.824 401. 479,472 321,626 96,559 897,657 135.785 11 125.n6 1,Wl)96 Ffxthe finar£ial stareTr*"r•J 31 M¥a)24ts￿¥•s￿ékn1 fnxn 477 ￿the ..7.￿..￿.efje.Mb.6r, ?QglF aTrY sla￿1 Mr.MIL

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

1 Principal Accounting Policies

The Charity has claimed the exemptions available in Section 1a of FRS102 not to prepare a cash flow since it is a small charity.

(a) Basis of Preparation

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with FRS 102 (effective 1 January 2019) - (Charities SORP (FRS 102)) and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP. The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.

(b) Incoming Resources

Income is derived from donations and gifts received and from legacies. It is accounted for in full on a receipts basis with the addition of any tax reclaimable. In accordance with this policy, legacies are included on receipt of payment from the personal representative of an estate or when property is transferred.

(c) Tangible Fixed Assets

Tangible fixed assets are stated at cost less accumulated depreciation. All assets costing more than £250 are capitalised.

Depreciation is provided to write off the cost of an asset to estimated residual value over its expected useful life.

Depreciation rates in use on a straight line basis are: Furniture and equipment 20% on cost Motor Vehicle 20% on cost

(d) Investments

Investments held as fixed assets are revalued at mid-market value at the balance sheet date and the gain or loss taken to the Statement of Financial Activities.

(e) Resources Expended and Basis of Allocation of Costs

Expenditure is included when incurred and includes irrecoverable VAT.

Expenditure on operational programmes is recognised in the period in which it is incurred. A designated fund is established for expenditure which has been committed to projects, but remains unspent at the year end.

(f) Salaries and Support

Salaries and support expense represents the cost of UK based staff directly involved in, or providing support for, the home and international programmes, including management, policy and advocacy work.

9

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

Principal Accounting Policies (continued)

(g) Costs of Managing and Administering the Charity

These represent costs attributable to the management of the charity’s assets, organisational administration and compliance with constitutional and statutory requirements.

(h) Funds Accounting Funds held by the Charity are:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. Designated funds - these are funds set aside by the Trustees out of unrestricted general funds for specific future purposes or projects. Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

(i) Foreign Currencies Transactions in foreign currencies are translated at rates prevailing at the date of the transaction.

(j) Debtor, Creditors and Liability Recognition Debtors: Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Creditors: The charity hascreditors which are measured at settlement amounts less any trade discounts. Liability recognition: Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

2 Trustee and Remuneration Expenses

Trustees received reimbursement of travelling and overnight accommodation expenses of £610 (2023 £273) incurred in attending meetings and undertaking work for the Charity. No remuneration or other reimbursement of expenses was made to any other Trustee, nor to any person connected with the Trustees.

For UK operational and administrative purposes, the Charity employed a full-time Chief Executive Officer, a parttime Operations Officer, a part-time Finance Administration Officer, a part-time Ireland Coordinator, a part-time UK Mobiliser, a part-time Membercare/Office Manager, and a part-time Communications Officer. The latter two part-time staff only served part of the financial year. Gross administrative salaries were £116,932 (2023 £132,780).

The total number of employees was seven (one full time and six part time) (The total number of employees 2023 was 9 (2 full time and 7 part time))

10

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

----- Start of picture text -----
An analysis of wages and salaries is as follows:
Chief Executive and office staff 2024 2023
£ £
Gross wages and salaries 116,932 132,781
Employer’s NI 9,021 11,061
Employer’s Pension 2,387 2,777
Total 128,340 146,619
----- End of picture text -----

No employee received emoluments in excess of £60,000. Staff are paid through the PAYE system.

11

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

----- Start of picture text -----
4 Income
Unrestricted Total Total
General Designated Restricted 2024 2023
£ £ £ £ £
Donations Donations and related gift aid 83,082 224,151 11,380 318,613 347,638
and Legacies reverse over accrual of gift aid in
previous years 0 (6,625)
Legacies 0 0 2,783
Total 83,082 224,151 11,380 318,613 343,797
Trading
Activities Fees and literature sales 5 5 602
5 0 0 5 602
Investments
income Investment income and interest 2,426 2,426 1,183
2,426 0 0 2,426 1,183
Total Income 85,513 224,151 11,380 321,044 345,582
5 Expenditure
Unrestricted Total Total
General Designated Restricted 2024 2023
£ £ £ £ £
Raising Funds
Director and field workers in UK
65,355 22,443 87,798 99,035
Deputation and conferences 7,388 7,388 3,200
Exhibitions and advertising 937 937 3,872
Car depreciation and expenses 0 0 0
Literature 2,248 2,248 1,794
Total 75,928 22,443 0 98,371 107,901
Charitable International HQ Support (Levy) 10,147 10,147 10,856
Activities Support and amounts paid
Members in Northeast Africa 50,895 50,895 61,108
Members in West Africa 75,776 75,776 86,016
Members in Middle East 20,949 20,949 22,344
Members in Central Asia 50,187 50,187 48,322
Members in UK 4,542 4,542 1,076
Members in Other 7,188 7,188 15,626
Projects 21,429 21,429 28,640
Total 10,147 209,537 21,429 241,113 273,987
Support Costs
Office staff costs
27,523 27,523 44,927
Support Costs Rent, rates and utilities 10,884 10,884 10,854
Office expenses, research and
depreciation 18,060 18,060 18,444
Travel, transport and air fares 1,707 1,707 1,344
Independent Examiner's fee 1,000 1,000 980
Legal and Bank Charges 1,783 1,783 2,214
Fundraising Consultancy 88 88 0
Sundries 41 41 50
Total 61,086 0 0 61,086 78,813
Total Expenditure 147,161 231,980 21,429 400,570 460,701
----- End of picture text -----

12

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

----- Start of picture text -----
6 Tangible Fixed Assets Fixtures & Fittings
£
Cost
At 31 Mar 2023 26,147
Additions 0
Disposals/scrapped 0
At 31 Mar 2024 26,147
Accumulated Depreciation
At 31 Mar 2023 22,893
Charge for the period 1,108
Disposals/scrapped 0.00
At 31 Mar 2024 24,000
Net Book Value
At 31 Mar 2023 3,255
At 31 Mar 2024 2,147
7 Analysis of movement of investments
CAF managed funds at mid market value 31 Mar 2023 888,456
Additions in year at cost 0
Disposals in year 0
Increase in valuation 80,180
At mid market value 31 Mar 2024 968,636
8 Analysis of cash in hand and at bank Total Total
2024 2023
£ £
Bank current accounts and cash in hand 17,210 39,029
Deposit accounts maturing within one year 52,755 121,872
69,964 160,901
----- End of picture text -----

13

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

9 Debtors and Creditors

Debtors : Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Creditors : The charity has creditors which are measured at settlement amounts less any trade discounts. Liability recognition : Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Prepayments
Insurance
Conference
Total
Gift Aid o/s
Total		 2024
158
0
158
10014
10173		 2023
138
157
295
1691
1986

Creditors/accruals

Accruals
Independent examiner
Moorepay last month fee + end of year
P Bown Travel Expenses
G locke Travel Expenses
NIC
Donorfy
Birmingham outreach
Total
International Offices
Salaries Control
Total		 2024
900
158
108
270
1437
13119
2269
16824		 2023
800
242
15
0
3505
258
152
4973
13842
2341
21156

14

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

----- Start of picture text -----
10 Unrestricted Income Funds - Movement
Current Financial Year
Balances Balances
01 Apr 2023 Income Expenditure Transfers 31 Mar 2024
£ £ £ £
General Fund 479,473 85,513 (147,161) 417,824
0
Revaluation Fund 321,626 80,180 401,806
0
Designated Funds 0
Emergency Fund 10,000 10,000
Specified Allocations 53,538 224,151 (236,947) 40,742
Retirement Fund 33,021 4,967 37,988
96,559 224,151 (231,980) 88,730
Totals 897,658 389,844 (379,141) 908,360
Previous Financial Year
Balances Balances
01 Apr 2022 Income Expenditure Transfers 31 Mar 2023
£ £ £ £
General Fund 572,541 84,771 (177,839) 479,473
0
Revaluation Fund 354,047 (32,421) 321,626
0
Designated Funds 0
Emergency Fund 10,000 10,000
Specified Allocations 63,412 241,719 (251,593) 53,538
Retirement Fund 45,558 (2,630) (9,907) 33,021
118,970 241,719 (254,223) (9,907) 96,559
Totals 1,045,557 294,069 (432,061) (9,907) 897,658
----- End of picture text -----

See Note 1(h) and the Trustee Report (page 4) for an explanation of the Fund Accounting and Reserves Policies.

15

ReachAcross (UK)

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar 2024

11 Restricted Income Funds - Movement

Current Financial Year

Purpose of Fund
Northeast Africa Funds
West Africa General/Literature/Relief
Middle East Projects
South Asia Projects
Pastoral Fund
UK Field Projects
International Office Costs
Other
Previous Financial Year
Purpose of Fund
Northeast Africa Funds
West Africa General/Literature/Relief
Middle East Projects
South Asia Projects
Pastoral Fund
UK Field Projects
International Office Costs
Other		 Balances
Incoming
Outgoing
Balances
01 Apr 2023
Income
Expenditure
Transfers
31 Mar 2024
£
£
£
£
19,506
2,446
0
21,952
0
1,395
(1,125)
270
103,001
3,216
(15,208)
91,009
617
232
(275)
574
1,511
0
0
1,511
1,809
1,283
(400)
2,692
0
0
0
0
9,341
2,808
(4,420)
7,728
135,785
11,380
(21,429)
0
125,736
Balances
Incoming
Outgoing
Balances
01 Apr 2022
Income
Expenditure
Transfers
31 Mar 2023
£
£
£
£
18,830
2,566
(5,656)
3,767
19,506
6,100
152
(6,252)
0
0
100,841
10,365
(8,204)
0
103,001
16
342
0
259
617
1,511
0
0
0
1,511
(0)
1,386
(5,358)
5,781
1,809
(0)
0
0
0
0
8,125
4,284
(3,168)
100
9,341
135,421
19,096
(28,640)
9,907
135,785

Northeast Africa Funds

Books and Literacy resources for libraries and Language school and refurbishment of language school West Africa

General, Literature and Famine Relief

Middle East Projects

Funding Micro enterprise start-ups, food relief, evangelism and discipleship, and funds for language school. Pastoral Fund

Counselling and member care for missionaries

The restricted funds are represented by the Charity's cash reserves and fixed assets investments and are to be expended as specified above.

12 Financial Commitments

The Charity had a two year lease, at £10,357.44 per annum, which expired on 31 December 2023. The Lease has not been renewed, but the rent remains at £10,357.44 per annum.

16