Unaudited Annual Financial Ststements LAThER RAIN MISSION INTERNATIONAL (UK) UNAUDITED ANNUAL FINANCIAL STATEMENTS for the year ended 30 June 2022 LArrER RAIN MISSION INTERNATIONAL (UK) Unaudited Annual Financial Statements for the year ended 30 June 2022 CONTENTS Report of the Trustees Independent Examiner's Rety)rt Statement of Financial Activities - Income ststement of Flnancial Activities - Expenditure Balan￿ Sheet Notes to the Annual Financial Statements ReFQrt of the Trustees Unaudited Annual Financial Statwnents for the year ermlal 30 June 2022 Latter Rain Misston lrtvnat￿l In the U.K has urKlw PaKKt of reylew. a5 a roj1stw￿j Chaisty, continued to fulfil the for whlth it was eststl(th8J. Tl*re are three key ￿en￿ts uNler whlch we to present tjjr annual rewjrt, naW: l. c￿Tegati¢)n Care and ￿p1KMt il. Outreach 111, Operational ￿tter5 CorvJregation Care and SupF4Nt: As a church we C￿tinl￿d to S￿￿e c(#wJakn kn the ￿ arnl on the Isle cl Man. The congrgjation members who worthip at the F￿thaven Faith Home a￿ xatter8J ayoss the Mted Kiwom. Those Ilve k￿allY are more able to attend the serv(ces cffl a rejular ba5iS. tlb)se far away attvKI when the can maknn9 use of the unable to &tend in pwxjn. Ireland, as wdl as hospital aThJ sutp)rt ne&tsf. ccrfnnKmtatlC￿ thrO￿h emalls and 9xlal medla Incbjdlng daity inspifat*)nal mes We hold two &ble • p￿)￿aM$ Fer week. Thur9Jays ¥￿ h)kl ￿ on41ne Bible di￿o¥ery prcgram that Ls very InsptrlThJ and enlvJhtenlrvJ. also have Onli￿ ￿'b￿ ILYbJres (m most SatLwday e¥￿in￿ We are pleased and el￿OUraged to see an kncrth in wr attendets Ètrth in Fef9)n a￿1 due to nE•Y membets Joinirwj locally and others migrats'ThJ to the LK. Wth cwr c(ryre￿ grv*¢ing arnl tr* covld pandanic a thirrfj of the past we could now r&art ow Sunday we are 9ratdul lor tfv)se wllllng to teach the ¥C￿r￿j orE5. We atso have a wee￿Y on-11 During April we inwtsd OM Owatk)n Mcrtlvknn (MtssKw cryani5aUryTr) ta Falrhaven Ytse memters frc the Ukraine gave us J prewt&1￿ 8bJut what wtre dolrwj ffi the grouThY In helping the war refugees. We aL%* housed a group fr(yn We were Blessed ar*J er￿r￿laN1 ty the t4Fsit of Bat aThJ M¥a Pithrs our Intemath)nal Ftshjert aThJ hts May, 1*1 ow am￿al Jacob Towrm) r&urr*d from a trthiThJ btsit to Af￿8 15 Th tEIpww u5 full ttTh* In Fathfiaven until JtreKh Act￿￿e$. (￿r outreach actiwties were f￿tsed c** to the at krge a￿1 telng rel￿ant w6thin the communities be6FPJ served. ring the past we h￿e Increased the crf f(KwJ palols to help rrKJre than fKI twle, I￿lIV and within Hintshlre aTrJ wr2x￿)M Ixx(Kfjh. We contirwe to receive Nc¥1tKts from Te￿ three times a weeK as part of thelr Fair SNire ¢k* initi'atw In ￿k1￿1r￿, ￿ aLw recl1￿ apprDxmatety 80 k9s of pr￿1￿ce every Tu&ay from the Fair Share regional distribLthn ontre Is ￿lI￿Ered to our Toget1￿ this enauwj us to df5trlbute appr0￿mate[Y 250 kgs of to thitified rwfy f￿kS as wejl a5 folks involval in volunteer mi59on wor other thurth leadeyshlp bjrrs in ho￿l¥j the n%)nthty prayer me&"rg with the Wrexham Pastors gatherirg. We have an exceifent rapm with ttE (x¥nmunlty arnl ryKiaUy tr* wghbours. k￿lar inttrth contjnued. Report of the Trust*s UnaudFt&J Annual Financial stst￿￿ents for the year ended 30 June 2022 Operational Matters: General maintenance of the FairhèsEn Faith Pkjme prani* IRS c£ffltInt￿d %%l*re nttewry as wdl as to engj COFnc4iarte wsth govemm&tt kgi4atvJn. ￿ fthiYJ the i¥Th IKle vrdtsr and tr* F(*)d Safety Stsndards Assessment by the Flintshire County c￿￿)1, Ind￿lIng fire cc4npharts have been ￿tteSsfij1ty com￿etel1 on a routine bas& During the past 9)rne of ts lMpnMn￿ts m￿le are our nouce *ns, acquir&l a Ford ￿eSta to replaTr Suzukn, bxght a wathiro m*iine, fitted tlirwts in 9Jme rcoms, installed a new zoom camera ifi the Chuich bulb￿Ing. reFAK8J the boreP** motor. rer4Kol the fada I￿rts at the entra￿e and painted the gates nd railing5. We a￿ extremety grateful fcy am the help and as9sta￿e we have in bring(ng about these wdcome Imprnvemen The budget for the new fin￿la1 ￿ P475 been wovtst4I1 Iws teen m&le to undertake furthtr malnteTran￿ and rdurbi5hft￿t Ythwe necessary. For the June 2022 financial wr * carrby w a surF4u5 of £6,893. Compared to year incoN* Inrxeased by £6,375 drwen by hightr wALmatry (Ilihe5). EXp￿se$ w•Jeas8J by £9,758 refiectir¥J repayment or accumulatsd mL$￿nary Ccth"trAJtions to svpwt coThJwtlons In Uhine, Gry and South Amca. As mentlone la* year, the scrappèj due to hgh CL*s, wlth a Ford The reserve bakirKe atjune 2Q22 I￿¥eaS￿j to Q3,IxK). to meet regdar expertses. Based on the Trust￿ assessn￿ the p￿$￿t res￿￿ rf at least EIICilO avallat4e in bank accounts {aver¥ OF 3 months expaw). Lln¢tser the tharibes Att 2011. the tTUSiets are to wepare a siatement of Kcojnts for eath accountlnj year. Th* also have a reSp￿bIllty to s*guard the a￿ets of the and to * rea9)nable steps to en9Jre,' l. The thurch is opethryj efficientty and effectivety ' 2. Its assets are 5afegiAinled against unèuthori5&J u* tr d￿p0 3. Fina[rI￿ Infornation u%d thin the thtml or FMJWKatkni is relK*) 4. The church complies with rel￿ant arKJ ￿UlationS Chairman: Mr Dwd JwJhln Seuetsry." f+tr ￿lan LoWdth¥ Electol memkors." MT5 jaal￿la Knu*r Mrs Madlse Poolman Mr CorneliES Fourie Slqned on of trLkn try Mr Lknvid knol¥n on 17è17January 2023 SÉgnabJre: Independent Examinerfs Report to the trustees of Unaudited Annual Financial Ststements for the year ended 30 June 2022 Res ilities of aminer The charitvs trustees are responsible for the preparation of the accounts. The chartty's trustees corsider that an audit is not required for this year under section 144(2) of the CharitFes Act 2011 (the 2011 Act) and that an independent examination is needed. examine the accounts under section 145 of the 2011 Art; to follow the pra￿ureS laid down in the general txrettions given by the Charity Commission under sectb)n 145(5)(b) of the 2011 Act; arKI to state whether partKJJlar matters have come to my attention. This examination was carried out in accordan￿ with the generdl Directlons given by the Charlty Commlssion. An examinatlon Indudes a review of the accountirrfJ records kept by the charity and a comparison of the accounts presented wrth those record& It also includes consideration of any unusual items or disdosures in the accounts, and sed(Ing explanations from you as trustees Cor￿rning any suth matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view, and the report is limited to those matters *t out in the statement below. in men I have examined the accounting records and all relevant supporting documentstion Including the Financlal Statements, in accordan￿ with the general directions of the Charity Commission and confirm that the funds of Latter Rain Mission IntematJ"onal (UK) have been applied for the wrpose of carrying out the objects of the Latter Rain Mission Intemats'onal (UK) In acCOrdar￿ wlth tts ConststutK)n and for no othw purpose. NAME IY4JQLfL¢ ADDRESS 11 TVY VtLLrf& ￿P(4￿￿rrNl ,tJAg DATE LArrER RAIN MISSION INTERNATIONAL (UK) Statement of Financial Activities - Incorne for the year ended 30 June 2022 TOL 2022 Total 2021 Funds RK•ipts Voluntary Offerings- Tithes 59.78722 59.787.22 59,787.22 59,78722 $0,680.40 50.680.40 Other Recelpts Church Propety Letting Rèfunds Interest Received (Bank) Total Rttelpts 320.00 122.39 1.9)0.00 1,277.22 1.61 53.859.23 122.39 60234.45 60.234.45 LAThER RAIN MISSION INTERNATIONAL (UKI Statement of Financial Aciivtltes- EX&￿diture for the year ended 30 June 2022 Unrestricted Funds Total 2022 Total 2021 Church Athlvities Churth Running Costs Cwnryl TBX Electridty Gffts & DonalK)ns H88ting 011 & Ga Insurance Maintet)an¢e- Clwrch Hall & BulkJiThJs M8int¢n8nce- Gardtsns maIn￿anCe- Vehld8s Ml$sionary ¢(￿1n￿￿tion Missionary Travel Offi¢fj and Admin Costs Other Ministy Costs & SuprK¥t Pgtrd & Parting Salary Ca81 3.SK#J.89 2,930.69 2,458.24 255.IM) 2.742.44 2,0￿.91 4.758.57 4￿2.57 1.163.68 8.761. 221.00 391.27 3,9LX).89 2,930.69 2.458.24 255.(K) 2,742.44 2.Cm.91 4.758.57 492.57 1.163.68 8,761.02 221.C#) 391.27 3.099.23 2.813.69 T.781.98 210.1KJ 2,667.79 1.934.42 1,215.25 350.67 1,791.86 452.37 1,128.22 1,350.44 1.985.43 17.7LM).ryJ 1.630.45 51,392.16 1240.85 708.13 53.341.14 1.985.43 17.700.00 1,630.45 51.392.16 1,240.85 708.13 2288.32 19.332.40 2.100.29 42,505.93 1.076.79 Depreuallon Loss on gU8ppry of vehKI TOTAL EXPENDilliRE 44582.72 SURPLUS I (SHORTFAW OF INCOME OVER EXPENSES 6.893J1 31 10.27&S1 LATfER FiAIN MISSION INTERNATIONAL (UK> Balance Sheet as al 30 June 2021 Total 2021 Funds MotorVehicl•• 11,097.39 11,097.39 4,029.26 Suzukn Wilarn 10.001 1,080.14 72.01 1.IY)8.13 13CKS.001 (708.131 1.080.14 I.0￿.14 oi 1,OC*.13 (3CKJ.(*)I (7(k8.131 1,270.75 1￿?.61 1.0￿.14 V8xhall Zafire 1359.30 2.949.12 2.359.30 1949.12 Book ¥4￿6.. bagvithg of>wr 2,949.12 589.82 2,359.30 3.688.40 737.28 2.949.12 2,359. Ford F185ts 8,738.10 8,n8.10 Book vdu•. ol>*ar Purchated In +14JrU 2022 9.198.1Xl 459.￿) 8,738.10 9.198.(Xl 8,738.10 Equlpm•nt 476.47 476.47 596.59 v8lua.' t*glnntr¥ clj L888.' t)eprndaOon S￿.55 1119.121 744.49 1148.wl 1119.121 Curr•ntAA••ts 26.705.14 26.705.14 28.669.18 26.760.85 Bank Bolanc¢s 26.e69.18 2fj.693.33 Oporallng acttymt Re8erye #count 3.610.96 23.058.22 3.610. 23,068.22 4,685.21 22,008.12 PeltyCa6h NET ASSETS 67.52 38.279.01 31,385.70 ACCUMULATED FUNDS Ar￿M￿ted FuTrts. t￿InrUThj ol YBW EKc•ss I Ishothll cl Incffft OV8r*xpeThJ ACCUMULATED FUND *• •t 30 Jun• 31.385.70 6.893.31 31.385.70 6.893.31 ¥279.01 21.109.19 10.276.51 31385.70 LArrER RAIN MISSION INTERNATIONAL (UK) Notes to the Annual financial Statements for the year ended 30 June 2022 Financial slate￿nts of the thurth are prepared in accordan￿ with Acc￿nting and Repo￿ng by Charities: Ststement of Recommended 113ctice applicBble to chaiities preparing their accounts in •1 accordance with the Financial RetKJrting Stsndard for Smaller Enbties publish&J on 16 Juty 2014, the Financial Retx)rting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and apr4icable regulations. Voluntary income Voluntsry iru)me Is recewed by way of TrtIEs offerlngs, (kyotlons gifts and is includ8J In full In the Statement of Finanoal Acknmbes when r￿e1ved. Bank interest Bank interest Is Induded In the Stat¥nert of Flnandal knitles on r￿pl Donated services and facilities These are induded at the value to the charity where thls can be quantified. The value of seNces provided by volunteers has not been indud&a in the Staten￿t of Financial Actsvities. Expenditure is recognlsed when payment is made. Expenditure iFKludes VAT and is reported as part of the expendlture to whlch It relates In the ddivery of Its charitable actsvlties arKI Servi￿ for Its MemL￿5. It includes both costs that can be allocated dlreth to such activities arKI ttb)se costs cl an Indirett nature necessary to support them. All costs are allocated bets￿n the expendlture catWE5 of the Statement of Flnandal Athitres on a basis designed to refieLt the use of the resource as set out in the notes to the flnanaal ststements. LAThER RAIN MISSION INTERNATIONAL (UK) Notes to the Annual Financial Statements for the year ended 30 June 2022 Irrecoverable VAT The charity is unable to r￿r VAT Sin￿ it does not make taxable supklies. The cost of irrecoverable VAT is not separatety analysed in the finarKkil Stat￿n￿ts. The charity is exempt from corF¥xation tsx on ts charitsble acbth. ible Flxed The Church hall, the pastorfs and caretakerfs residen￿, dining mm, kltchen and all other outbuiklings, being V￿ in our Head Of￿, Latter RAin Mission Int￿national (Scyjth Africa), are not capitalisetd into the finanoal statements. Motor vehides ar￿ equipment are stst41 at cost less depredation. Such assets are capltallsed where they can be used for more than one year and cost over £300. Depreciation is provid&J at rates calculated to wrlte off ts cost less re￿dUal value of eath a￿t over its expected useful life as follows: - Motor vehides: 20%, using the reducing balan￿ - Equipment: 200h, using the reducing bala￿e mettKMd Unrestricted fund5 can be uwj in acC