Unaudited Annual Financial Ststements LArrER RAIN MISSION INTERNATIONAL (UK) UNAUDITED ANNUAL FINANCIAL STATEMENTS for the year ended 30 June 2023
LAThER RAIN MISSION INTERNATIONAL (UK) Unaudited Annual Financial Statements for the year ended 30 June 2023 CONTENTS Report of the Tnjstees Independent Examinerfs Report ststement of nanCIal Acbvitses - Incorr Statement of Financial Activities - Expenditure Balance Sheet Notes to the Annual ffnancial Statements
Report of the Trust Unaudited Annual Financlal Staternts for the year end8J 30 June 2023 Latter Rain Mis&on Internalonal in the U.K. has undw the perf(Kl of revlew, as a lStered arity, ntiNed to fulfil the purpw for whith r( was estsblrsh&J. There are three key elements under which we wish to present our annual kYIrt mY. I, CorrfJregatl(th Care aTrJ Suptk)rt 2. Ojtreach 3. Operational Matters Congr8Jation Care and pport., a Church we conttnued to serve Dur mThJregatton In the UK and on the Isle of Man. The (y)ryregattc Nvnber5 who worshlp at the Fa[rhav Fath Home a attered aryoss the Untw Kngdom. Those Ilve Ic(alty art ¥)re e to attend the Se5 on a WLAar basls, those IMn9 far away attend when they can ke use of the comndarknn provldèj for them on the premlses when dolng so. Se¢¢5 are also Streamed ¥Aa Zry)m for thtsse unable to atteNJ in pen due to them fving far away or other drcumstarw that prevent them attendlng In person. Congrega¥on are COnrtUed to indude vlsSts to our meMr$ In the South of England, IS of Man and Northem Irdand ,as well as hospltsl support where needed, Communkaoon conunw U)rough ema115 and sockil medio indudlng dally InSpIraana1 messages. We h)kt study pro9rams per weeK £e on ThUjaY we hott an on41ne ble dl%overy progrdm that Is very Insplrin9 and enllghtenlng. We als) have onllne Bib thre5 m05t Saturday evenlng& We are pleased and couraged to see èn ltttrease In our attendees In tErson aTrJ ¢spedally on-llne, due to new m&Dbers lolnlng locally and others mlgratsrvJ to the UK. ndoy Schcx)I, are grateful ts those In the congregavon wllling to tsath the youryj one5. A new prtrjrèm wl shortly becune avlab. We &so have a wkJy on-llne youth group mttting I111tated by a mernber of the 9ratIOn. r¥J 0ber HUah aThJ I atteTrleJ the annual Intèrnoyonal Corthen hdd In Swth Aftta vthkh InclL#Jed pastoral tralnlng. We were Bl255ed and encouraged by the of Marun and Mirinda Illlg our European cocrtlnator and hls wlle In Wl, when we held wr annual conference. Dudng June we vlslted the European conference in South Gemiany for a wkend. kn durirrfj June OM Oper•ticfi Mobvation Imissthèry organkats'onl held an annual trarfiing event In Falrhaven. Outrath AVIties. Our Outre actlvltles were frJ)Jsed on reachlThJ out to the communlty at IwJe and belrfj revInt wthln th communIe$ beirJ sekved. Durtng the past year the dlstrfbUtI of food parcejs o)nUnues, also d15trfbutrd foTrJ to a local hdyday pwam for needy chll(Jren. Thls hdp Is gw Locally and wlthln the Fllntshlre and Wrethom borough. Falrhwen ¢onUnues to re¢dve from Texo three rneS a weeK as part of thelr Falr Share Go InaVe. In add0Tr, FaIrhavL èlso reiVeS approxknately 40 kgs of woduts every Tuesjay frotn the Falr Share regtonal di%trlbution ntre whith is delfvered to our premi5e5. Together this enabled us to distribute approxlmately 150 k95 of Prts weeY to IdenUfRd needy folks as well as other folks invofved In vdunteer m¢$51on work. Thls arnount has unforbjnatsly lessen&l the past year. CongtBgthn fflemts are acttvely Invcfved th WreXh? Street Pa5tovs for which lu[er$ a condnuw Cen¥nued re9ukr Interactron wa5 algj ufKtvtsken wth other thurch kats*)IP. Falrhaven ako takes tum in hosung the rT¥mthty prayer meebn9 the wharn Pastors gathering. Falrhaven Falth Horne enjoys an excdknt raprxyt the IrKal 0)Mmn and especklty the rthtXJrs. Regular intéra¢kn continu8J. We are ojrrendy hng a neh3hbovr (n need wsth KcommLylathM.
Unaudt6J Annual Fironaat Sl2tUfnts for the year ded 30 June 2023 Some of tt0ub1wL)d rtS rered. We th bwght a orw waSr aTh1 a * cap• air lryv. Imp¥ovemwt& Y•mapJ N¥nRyre. Mye alyj able ID Fty the June 2023 firlafioal yew W iecew txceedwl eypenw ty £2)9. CL¥np year. Ine Irom vduntary %Yert £l.OJ9 whlst titsl iÉYLYPiS WKTe4se¢l ty £1.217 to an Ir&urae wdund for cost to paIr water damage. EX wX¥eaA¥1 by £1.871 ti4k<tsffj W c05t •Kt Irea ntenat (051$, rna1n to refft wr tyJr¢lK4e regw walw ¢Jam¥¢ Tre teserve al Jw 2023 tD 124.9?O of Eis,rM ts W as • tost restrwe remairr¥J £9,970 akratel to •J iytyjects acrwnL% lo¥rag¢ rf 3 ¢¥pwse51. OwTh'ti¢s kt 2011. the are reqw&1 to k¥twe a of ucr •ccowtsn9 yew. Thty have o safegu¥e the assets rf the tt¥th rake reawab xeps to 2. 11$ os%ts art fe9uarthd wwn5t or MKS PtK4man tiuAQ5 Mr Jxth• 2024
Independent Examinerfs Report to the trustees of Unaudited Annual Financial Statements for the year ended 30 June 2023 Res ective r on stees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for thls year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independt examination is ne&led. ism examine the accounts under sectlon 145 of the 2011 Act; to follow the prOureS laid down in the general Dlrectlons given by the Charlty Commlsslon under 5ettion 145(5)(b) of the 2011 Act: and to stste whether particular matters have come to my attentfon. sis of this re This examination was carried out in accordan 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 indudes consideration of any unusual Items or dlsclosures in the accounts, and seeklng explanatlons from you as trustees conTrrning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinlon Is glven as to whether the xcounts present a 'true and fair vlew, and the report is limited to those matters set out in the statement below. I have examlned the account5ng records and all relevant supportlng documentation, including the Flnanclal Statements, In accordantr wlth the general directions of the Charity Commission and confirm that the funds of Latter Rain Mission International (UK) have been applled for the purpose of carrying out the objects of the Latter Rain Mission Intemational (UK) in accordance with its Constitutlon and for no other purpose. NAME ADDRESS IZW UrLL6 SrnTTh C£fHr1£ t¥9E DATE OL Z02
LAER RAIN MISSION INTERNATIONAL (UK) Statement of Financial Activities - Income for the year ended 30 June 2023 Unrestricted Funds Total 2023 Total 2022 Roc8ipts Voluntary Offerings- Tithes 58,748.06 58,748.06 58,748.06 58,748.06 59,787.22 59,787.22 Other Receipts Church Property Létting Refunds Inler6St Re¢elved (Bank) Total Rècelpts 320.00 2,220.96 162.71 61,451.73 320.00 2,220.96 162.71 61,451.73 320.00 122.39 4.84 60.234.45
LATTER RAIN MISSION INTERNATIONAL IUK) stat8ment of Financial Activities - Expenditure for the year ended 30 June 2023 Unrestrlcted Funds Totsl 2023 Total 2022 chUh ktlvltlgs Church Running Costs Councsl Tax Electricity Gifts & Donations H88ting Oil & Gas Insuranee Maintenance- Church Hall & Bulldbngs Maintènanco- Gardens Maintenance- Vehiclag Mlgslonary Conlributlon Mlsslonary Travel offi and Admin Costs Other Minlstry Costs & Supptrrt Petrol & Parklng Salary Cost Telaphon8 4.238.88 3.056.42 2,968.68 85.60 3,722.70 2,348.65 7.705.69 964.93 1.100.93 6,003.19 1,835.72 1.311.96 4,238.88 3,056.42 2,968.68 85.80 3,722.70 2,348.65 7,705 59 964.93 1,100.93 6,003,19 1,835.72 1.31196 3,900.89 2,930.69 2,458.24 255.00 2,742.44 2,000.91 4,758.57 492.57 1,163.68 8.761.02 221.00 391.27 2,348.62 18.482.63 2,578.70 58.753.30 2,459.00 2,348 62 18,482.63 2,578.70 58,753.30 2,459.00 1,985.43 17.700.00 1,630.45 51.392.16 1,240.85 708.13 Depr8cSallon Loss on scrapplng of vahi¢le TOTAL EXPENDITURE 61,212.30 61212.30 53,341.14 SURPLUS OF INCOME OVER EXPENSES 239.43 239.43 8.893.31
LAThER RAIN MISSION INTERNATIONAL IUKI Balance Sheet as at 30 June 2023 Unr•slYi¢tsd Fund• Totsl 2023 Total 2022 Flxd As59ts Motorvehicles 8,877.92 8,8TI 11.097.39 Suzukl Vbtara Book valu8.' b8ginnkng of year Lass.. D8pf8Ckqtion 1,080.14 72.01 1,008.13 1300.001 1708.131 Lass.. Scr8P Value recelved Loss on 5cx8png of Suzuki Vitara Vaxhall Zafir 1,887.44 2.359.30 471.86 1.887.44 1.887.44 2,359.20 471.86 1,887.44 2,359.30 2.949.12 589.82 2.359.30 Book valu8." beglnnkng ol year L868'. Depr6datk)n Ford F58518 e,990.48 6,990.48 8,738.10 8,738.10 Book valuè". boglnnlng olygar PUhas6 In April 2022 Lg5$.' Depreciallc 8.738.10 9,198.00 459.90 8,738.10 1,747.62 6.990.48 1,747.62 6,990.48 Equlpmont Ridtron Lawner 1,679.19 1,679.19 361.18 476.47 381.18 476.47 Book v#lu•'. b8oinnSng ol y••r L088.' 08pr8¢latlon Comput•r 04pment Book value.. beglnnlNJ ol year Purch8s8d in January 2023 Less.. D6pr6ci8llon 476.47 195.291 476.47 195.291 1,298.02 595.59 1119 121 1,298.02 1,442.24 1144.221 1,442.24 1144.221 Current A880ts 27,961.33 27,934.01 2,983.65 24,970.36 27.32 27.961.33 26,705.14 26,609.18 B8nk BalanGes 27.934.01 Oparats'ng a¢o)unt R88enia accoutit 2,963.65 24,970.36 27.32 3.610.96 23,058.22 3S.96 Pgtty Cash NEf ASSETS 38.518A4 38 518.44 A¢¢UMULATED FUNDS Ac¢umuL4ied Fund8- beglnnlrKJ of th8 year EX$$ I Ishortfalll of Income over axpendilure ACCUMULATED FUND a al 30 Jun 38.279.01 239.43 38,279.01 239.43 31,385.70 6,893.31 38,279.01 38,518.44 38.518.44
LAThER RAIN MISSION INTERNATIONAL (UK) Notes to the Annual Financial Ststements for the year ended 30 June 2023 Firkincial ststements of the thurch are prepared in accontsKe wlth Accountlng and Reporting by arities: Statement of Recommended prrftj app41cae to charitses ppari their ac£ounts in accordan wth the nanaal RepYb. Stsndard for Srnaller Entities published on 16 July 2014, the Flnanclal Reptytyro Stsrxlard for Smalr Ent1 (FRS5E), a1 charli Art 2011 aThl appllcable regulatlons. Voluntary Income Voluntsry Income is rKeNed by way rf fths otsrvjs, donathms and gtfts and Is Snduded in full In the Ststemert of Hnanaal ActTrvltles when r¥&$. Bank Interest k intsrest is In the statem of ktivibts on recelpL Donated serylces and f&ilitles T are included at value to the tharity whve thLs can be Quantified. The Val of wvice5 Drovided bv volunteer5 has not bw irJded the stat of Finandal A(INlties. Expendlture ts reco3nised Wh ts m Expenditure indLKles VAT and 15 reported as part of the to which bt rdates in the delsvery of Its charltsble activiti'es aTrl servlts for its members. It incJdes costs that can te albxated dlrethy to such acWvlUes and those costs of an indlr&t nature nessary to support thwn. All costs are allLxed between exptr¥Jliure 12tegorles of the Statement of Ftnandal Acttvlties on a basls (Feslgned to refiect the use of the res(Nj as set In the notss to the fina[al statements.
LAThER RAIN MISSION INTERNATIONAL (UK) Note5 to the Annual Financial Ststements for the year ended 30 June 2023 er The charity is unable to recover VAT SIn it does not make taxable supplies. The c05t of IrTVerable VAT is not Separate analysed in the financial ststements. The tharity Is exempt from corForatlon tsx on ILS charitsble activities. and iation The Church hall, the pastorfs and caretakers restrden, dining room, kitchen and all other OLrtbuildings, being vested in our Head Offl, Latter Raln Mlsslon International {South Afrtca), ore not capltalised irth the flnancial 5tatement& Motor vehides and equipment are stated at cost less depreciatlon. Such assets a captslised wtte they can be used for more than one year and cost over £300. Oepreciation Is provided at rates calculated to Wr off the cost less residual value of each asset over its expetted useful Ilfe as follows: - Motor vehlcles: 20%, uslng the reduclng balan method - Equlpment,. 200/0, uslng the reducirwJ balance method Unrestricted fvnds can be used in accordan wlth the charttable objectjves at the dlscretron of the Restrlctsd funds tan only be used for partlcular restrlcted purposes wlthln the objects of the charity. Restrlctlons arlse when specifled by the donor or when funds are raised for parttcular stricted purFrt)ses. Further explanatlon of the nature and purpose of each fvnd will be Induded In the notes to the flnandal statements. Expenditure is recognised when Payrnt Is made. Expenditure indudes VAT and Is reported as part of the expendlture to whtch It relates In the dellvery of its charftable activltles and selv1$ for Its members. Et Indudes both costs that can be allocated dIrtlY tr) such actlvltles arKI those co*s of an Indlrett nature nrfessary to suprort them. All costs are allocated btheen the expendlture categories of the Ststement of Financial Artivitles on a basis designed to reflett the use of the resou as set out in the notss to the financial Statements.