## **FATHER HEART UK**
## **Registered Charity No: 1150981**
Accounts – 31st March 2024
## **INDEX**
- 1-2. Trustees’ Report and General Information 3. Independent Examiner’s Report
4. Statement of Financial Activities
5. Balance Sheet
- 6-7. Notes to the Accounts
## **FATHER HEART UK**
## TRUSTEES’ REPORT AND GENERAL INFORMATION **for the year ended 31st March 2024**
The Trustees are pleased to present their annual report and financial statements of the charitable incorporated organisation for the year ended 31[st] March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16th July 2014.
## 1. **Governing Instrument**
- FATHER HEART UK is a charitable incorporated organisation and was formed under a Deed of Trust dated 22[nd] February 2013.
## 2. **Registered Number**
The charity is registered with the Charity Commissioners under registration number 1150981.
## **Registered Address**
- 8 Clifton Drive, Abingdon, Oxon OX14 1ET
## 3. **Trustees**
The following served as Trustees during the year:
M Gyde J MacDonald
J Hall
## 4. **Trust Objectives**
- a) The advancement of the Christian Faith.
- b) Relief of persons who are in conditions of need, hardship or distress, or who are aged or sick.
- c) The advancement of education on Christian principles in any educational establishment.
- d) To promote and fulfil other charitable objects as the Trustees think fit.
5. **Trustees’ Responsibilities**
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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## **FATHER HEART UK**
## TRUSTEES’ REPORT AND GENERAL INFORMATION **for the year ended 31st March 2024** (continued)
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safekeeping the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
6. **Activities**
In planning the activities for the year the trustees have considered the Charity Commission’s guidance on public benefit and in particular the specific guidance on charities for the advancement of religion.
The Trustees have continued to pursue the objectives outlined above. In particular the charity has supported Christian ministries as they have worked with local churches or short term Bible Schools.
During the next twelve months the Trustees intend to continue their programme of supporting short term ministry schools. Additionally the charity seeks to work alongside churches by providing speakers and other resources.
**7. Risk Management and Reserves**
The trustees have considered the major risks to which the charity is exposed and have taken appropriate steps to mitigate those risks. Although the Trustees seek to distribute the funds as expediently as possible adequate reserves are maintained to cover unforeseen expenditure.
8. **Independent Examiner**
- A J Carter, 22b High Street, Witney, Oxon OX28 6RB.
9. **Bankers**
Barclays Bank plc, 30 Market Square, Witney, Oxon, OX28 6BJ.
On Behalf of the Trustees
## M Gyde - Trustee
## Abingdon
Date: 11th April 2024
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## **FATHER HEART UK**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
I report to the trustees on my examination of the accounts of Father Heart UK (the charity) for the year ended 31st March 2024.
## **Responsibilities and Basis of Report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’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 Examiner’s Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts do 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.
A J Carter Chartered Accountant
A J Carter FCA 22b High Street Witney Oxon OX28 6RB
Date: 11th April 2024
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## **Father Heart UK**
## **Statement of Financial Activities**
|Notes
**Income from**
2
Donations
3
Investment income
4
Charitable activities
Total incoming resources
**Expenditure on**
5
Charitable activities
Total expenditure
**Net income for the year**
**Transfers between funds**
**Net movement in funds**
TOTAL FUNDS brought forward
TOTAL FUNDS carried forward
for the year ended 31st Mar|Unrestricted
funds
Total
£
£
21,229
21,229
12
12
77,408
77,408
ch 2024|2023
Total
£
37,481
7
34,791|
|---|---|---|
||98,649
98,649|72,279|
||104,323
104,323|73,524|
||104,323
104,323|73,524|
||-5,674
-5,674
0
0|-1,245
0|
||-5,674
-5,674
18,414
18,414|-1,245
19,659|
||12,740
£
12,740
£|18,414
£|
The statement of financial activities includes all gains and losses recognised in the year. The notes on pages 6 and 7 form part of these financial statements
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## **Father Heart UK**
|**Balance Sheet**|**Balance Sheet**|**31st March 2024**|**31st March 2024**||**2023**|
|---|---|---|---|---|---|
|Notes|||£||£|
||CURRENT ASSETS|||||
||Cash at bank and in hand||16,558||36,264|
||Debtors and prepayments||-||500|
||CREDITORS: Amounts falling due in one year|||||
||Income received in advance||-||(14,381)|
||Creditors and other accruals||(3,818)||(3,969)|
|6|NET ASSETS|£|12,740|£|18,414|
||Represented by:|||||
||GENERAL FUND|£|12,740|£|18,414|
Approved by the Trustees and signed on their behalf
|Trustee
M Gyde|MaAcLenpde|Date:|11th April 2024|
|---|---|---|---|
The notes on pages 6 and 7 form part of these financial statements
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## **Father Heart UK**
## NOTES TO THE ACCOUNTS **for the year ended 31st March 2024**
## **1 Accounting Policies**
## i) Basis of Preparation
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 for Smaller Entities published on 16th July 2014, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1st January 2015.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes
## ii) Income
Items of income are recognised and included in the accounts when all of the following criteria are met: the charity has entitlement to the funds;
## iii) Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## iv) Taxation
The charity receives tax refunds in respect of gift aid donations and these are accounted for in the period in which the donation was originally received.
## v) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
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## **Father Heart UK**
## NOTES TO THE ACCOUNTS **for the year ended 31st March 2024**
|Unrestricted
funds
£
**2 Voluntary Income**
Gifts and donations
21,229
21,229
£
**3 Investment Income**
Interest received
12
12
£
**4 Charitable Activities**
Conference income
77,408
77,408
£
**5 Charitable Activities**
Donations
27,612
Conferences and events
75,984
Office expenses
727
104,323
£
**6 Transactions with Trustees**
Mark Gyde - Fees (in accordance with the Trust Deed)
During the year the following amounts were paid to the Trustees:|Unrestricted
funds
£
21,229|Total
2024
£
21,229
21,229
£
12
12
£
77,408
77,408
£
27,612
75,984
727
104,323
£
£5,804|Total
2023
£
37,481|
|---|---|---|---|
||21,229
£||37,481
£|
||12||7|
||12
£||7
£|
||77,408||34,791|
||77,408
£||34,791
£|
||27,612
75,984
727||38,799
33,806
919|
||104,323
£||73,524
£|
||||£3,324|
## **7 Legal Status of Charity**
Father Heart UK is a Charitable Incorporated Organisation and was formed under a Deed of Trust dated 22nd February 2013.
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