**Vision for Asia Registered Charity Number: 1152345**
## **VISION FOR ASIA**
**Trustees Annual Report and Accounts For the year ended 31[st] December 2022**
**Vision for Asia**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31[st] December 2022**
||Page|
|---|---|
|Report of the Trustees|1 to 4|
|Independent Examiner's Report|5|
|Receipts and Payments|6|
|Statement of Assets and Liabilities|7|
|Notes to the Accounts|8|
**Vision for Asia**
## **REPORT OF THE TRUSTEES for the year ended 31[st] December 2022**
The trustees present their report and accounts for the year to 31[st] December 2022. The trustees have opted, under section 133 of the Charities Act 2011 (‘the Charities Act’), to prepare receipts and payments accounts
## **Objectives and Aims**
The charity's objects are specifically restricted to the following:
- (1) To advance the Christian faith for the benefit of the public in accordance with stated doctrines.
- (2) The prevention or relief of poverty in Asia or throughout the world by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
- (3) The prevention or relief of poverty [or financial hardship] anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
We are involved in working with organisations in Asia to provide medical relief, water aid, education, support for poor and needy people, building projects, farming projects, vocational training courses, and supporting Christian pastors and evangelists.
## **Public benefit**
The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.
## **Achievement and Performance**
## **Financial review**
The trustees consider the financial performance by the charity during the year to have been satisfactory.
The Statement of Financial Activities show net outgoing resources for the year of £74,552 (PY incoming £7,032)
The charity’s principal source of funding is from donations and fund raising. Fund raising efforts by all supporters include ladies’ lunches, curry evenings, photographic presentations, jumble sales, Christmas bazaar, craft sales and local school table-top sales.
The key objective of the charity is to relieve poverty in the poorest areas Asia by providing practical relief to those in need, hardship and distress.
The Trust is committed to their objectives and aims and as the work enlarges the Trustees have adopted any policy to help them in their aims and objectives.
## **Reserves policy**
Unrestricted reserves held at the year-end amounted to £2,719 (PY £3,858)
## **Structure, Governance and Management Governing document**
The charity is a Charitable Incorporated Organisation (converted) 17[th] May 2019
The directors of the company are also trustees for the purposes of charity law. The Trustees for the Charity were chosen carefully to draw on a breadth of experience from active local community leaders to managers of large retail outlets to give strength to the board on all aspects required to steer the charity and its aims forward.
Page | 1
## **Vision for Asia**
## **REPORT OF THE TRUSTEES**
## **for the year ended 31[st] December 2022**
Financial reports are presented to the board at each meeting. Minutes of each meeting are taken and subsequently distributed.
## **Pastor Piyal Mondal**
The following was achieved in 2022 Rebuilding of the school room A Risco van for a pastor To start a chicken farm for 8 families Umbrellas for shade to the Risco drivers School Fees for the children, school uniform, meals and medical fees Support for Piyal, Piyal’s daughter, Biplap and Peter’s widow Start a discipleship course Christmas Feeding programme **Zahid Kenny** Support **Pastor Robert Rabie** Teacher wages for a year Relief for the poor Fee for the church and accommodation of pastor 90 Songbooks **Pastor Chary Refugio** Church fees Conference for Pastors New car Support for Chary and Pastor Rolan Orphanage school fees Medical fees Christmas Feeding programme **Pastor Samuel Joshua**
One water pump for 1200 people and another pump to provide water during the summer months for a town housing 14000 families Support for a teacher Books for 40 children Releasing 16 girls from sexual slavery Relief for flood victims Sewing machines for 10 rescued girls Bibles for 100 people Christmas Feeding Programme **Pastor Saleem Raza** Teacher’s fees for the brick kiln children Flood relief for 100 Alfghanistan families Christmas Feeding Programme Relief for 1500 people
## **Pastor Amit Thomas**
Children’s education fees BFG support
## **Pastor Scott**
Page | 2
**Vision for Asia**
## **REPORT OF THE TRUSTEES for the year ended 31[st] December 2022**
Support Christmas Feeding Programme
## **Pastor Varguhese Mathew**
Personal support and for the ICF pastors Christmas Feeding Programme
## **Pastor Saji**
Personal support Support for Orissa leprosy village Christmas Feeding Programme
## **Trustee business**
The Trustees met 4 times during the year. Helen Fletcher stood down as Data Protection Officer due to terminal illness Susan Nightingale took over as Data Protection Officer The Trustees sent out 3 newsletters during the year Impact Report A new printer was bought for the Chair
## **Reference and Administration Details**
**Registered name Registered Charity number** Vision for Asia 1152345
## **Principal address**
Applegarth Hills View Braunton Devon EX33 2LA
**Trustees Name Position** Marilyn Collins Chair Maria Ruffhead Susan Nightingale Nicola Ross Andrew Shuttleworth Appointed
## **Appointments/Resignations**
## **Independent Examiner**
Magnus Proctor FFA Lindisfarne Landkey Road Barnstaple EX32 9BW
Approved by the board of trustees on 14[th] February 2023 and signed on its behalf by:
............................................. Marilyn Collins, Chair
Page | 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VISION FOR ASIA**
## **Independent examiner's report to the trustees of Vision for Asia**
I report to the charity trustees on my examination of the accounts of Vision for Asia (the Trust) for the year to 31[st] December 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed:
Magnus Proctor FFA Fellow of the Institute of Financial Accountants Lindisfarne Landkey Road Barnstaple EX32 9BW
Date: 14[th] February 2023
## **Vision for Asia**
Page | 4
## **RECEIPTS AND PAYMENTS for the year to 31[st] December 2022**
|**Receipts**
Donations and gifts
Investment income
**Total receipts**
**Payments**
Fundraising expenses
**Charitable activities:**
Child sponsorship
Pastor support
Christmas feeding
One child at a time
Ruparmari school
Relief Water projects
Chicken project
Exodus
Slaves
Myanmar Church
Bibles
Chary
Manipur
Leprosy
**Support costs:**
Accountancy fees
Charities insurance
Ofce costs
Bank charges
Conferences
Website
Travel costs
Professional charges
**Total payments**
**Net receipts / (payments)**
**Reconciliation of funds**
Transfer between funds
Total Funds brought forward
**Total Funds carried forward**
Page 5|**2022**
**2021**
**Unrestricte**
**d funds**
**Restricted**
**funds**
**Total**
**Total**
**£**
**£**
**£**
6,052
59,446
65,498
74,34
2
0
0
0
0|
|---|---|
||**2,719**
**8,734**
**11,453 16,0**
**05**
6,052
59,446
65,498
74,34
2
1,800
0
1,800
1,80
0
0
8,788
8,788
8,14
2
0
21,129
21,129
25,54
8
0
4,054
4,054
7,01
5
0
9,335
9,335
2,23
0
0
1,000
1,000
0
0
3,847
3,847
7,05
7
0
4,458
4,458
3,40
5
0
0
0
0
0
120
120
0
0
0
0
0
0
3,351
3,351
2,40
0
0
2,073
2,073
650
0
2,943
2,943
4,40
1
0
900
900
0
0
0
0
0
400
0
400
400
412
0
412
328
2,642
0
2,642
882
165
0
165
30
0
0
0
0
2,633
0
2,633
2,04
9
0
0
0
0
0
0
0
973|
||8,052
61,998
70,050
67,31
0|
||
(2,000)
(2,552))
(4,552)
7,03
2
861
(861)
0
0
3,858
12,147
16,005
8,97
3|
## **[Vision for Asia ]**
## **STATEMENT OF ASSETS AND LIABILITIES At 31[st] December**
## **2022**
|**2022**||||||||
|---|---|---|---|---|---|---|---|
|**2022**|**2021**|||||||
|**Unrestricted**||||||||
|**Restricted**||**Total**|**Total**|||||
|||||**funds**|**funds**|||
||**£**|**£**|**£**|**Fixed Assets**||||
|||||0|0|0|0|
|**Current Assets**||||||||
|Debtors||||0|0|0|0|
|Cash at bank||||2,719|8,734|11,453|16,005|
|**Current Liabilities**||||**Total Assets less**||||
|**Liabilities**||||||||
||||2,419
8,734
11,153
15,755|||||
|Creditors||||(300)|0|(300)|(250)|
The financial statements were approved by the Board of Trustees on 14[th] February 2023 and were signed on its behalf by:
............................................. Marilyn Collins, Chair
Page 6
## **Vision for Asia**
## **NOTES TO THE ACCOUNTS 1. Accounting Policies Basis of preparing the financial statements and assessment of going concern**
These accounts have been prepared on a receipts and payments basis as permitted by law for smaller charities.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **2. Trustee remuneration and benefits**
None of the trustees have been paid any remuneration or received any benefits from an employment with the charity or a related entity.
|**Unrestricted Funds**
General Fund
**Restricted:**
Child sponsorship
Pastor support
Projects|**Balance**
**Income**
**Expenditur**
**e**
**Transfers Balance**
**1st Jan 2022**
**31st**
**Dec**
**2022**
3,858
6,052
(8,052)
861
2,719
538
5,829
(8,788)
5,634
2,943
3,743
20,647
(21,128)
(998)
2,264
|
|---|---|
||~~7,866~~
~~32,970~~
~~(32,082)~~
~~(5227)~~
~~3,527~~
16,005
65,498
(70,050)
0
11,453|
## **3. Movement in**
## **Funds**
|**Total Funds**|**Balance**
**Income**
**Expenditure Transfers**
**Balance**
**1st Jan 2021**
**31st Dec**
**2021**
789
19,158
(6,462)
(9,627)
3,858
(334)
8,378
(8,142)
636
538
944
28,082
(25,548)
265
3,743
7,574
18,724
(27,158)
8,726
7,866|
|---|---|
||8,973
74,342
(67,310)
0
16,005|
~~Page 7~~
## **Unrestricted Funds**
General Fund **Restricted:** Child sponsorship Pastor support Projects
## **Total Funds**
Page 8