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← Vision For Asia

2023-12-31-accounts

Vision for Asia Registered Charity Number: 1152345

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VISION FOR ASIA

Trustees Annual Report and Accounts For the year ended 31[st] December 2023

Vision for Asia

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31[st] December 2023

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Receipts and Payments 5
Statement of Assets and Liabilities 6
Notes to the Accounts 7

Vision for Asia

REPORT OF THE TRUSTEES for the year ended 31[st] December 2023

The trustees present their report and accounts for the year to 31[st] December 2023. 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:

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

The Trustees have meet 3 times and discussed the work of the Trust. They have looked at the following policies Amit Thomas in Hyderbad

The following support has been given to Rev Amit Thomas during the year

Support for a student

Support for the local charity and church in Varanasi. Bethel Full Gospel

Amit came over to the UK in June and we were able to support his visit through travel by air and train as he visited the various supporters around the country.

While he was in Braunton we had a lunch for various supporters and he was able to preach in South Street Church and attend a Bible study one evening in Ilfracombe.

Two wells were installed for two of the local villages which helped villagers during the hot weather in their summer. £500 was given to Amit towards his Christmas Feeding programme.

Samuel Joshua in Rajahmundry

During the year 20 children who were enslaved to gangs were freed and these children will now be educated and be looked after by a Pastor until adulthood. Widows and children who have been freed from slavery who are unable to go onto further education are taught to sew and then given a sewing machine so they can earn a living. VFA were able to provide 75 sewing machines. 330 Bibles in the appropriate language were distributed to new Christians at the various outdoor events organised by Samuel.

£500 was given to Samuel for his Christmas Feeding Programme.

Pastor Saleem Raza in Pakistan

Vision for Asia have supported 4 teachers who are teaching children whose parents work in the brick kiln factories as well as the necessary school fees.

300 Audio Bibles have been purchased for Christians.

The church was persecuted in one area of Pakistan and VFA were able to support several churches with replacing equipment that was damaged by fire. There are many refugees from Afghanistan in Pakistan and VFA were able to provided much needed food parcels and fans to help all cope with the heat. When there was severe flooding in Pakistan VFA were able to send much needed relief. £500 was sent to Saleem for his Christmas Feeding Programme.

Piyal Mondal in Kolkata

Due to very high temperatures in April the children on Rupamari island were given water bottles that keep the water cool.

Chickens for widows were provided to help eggs and a way of earning a living.

VFA continue to provide school, uniforms and a daily meal at Rupamari school.There is also a medical camp where parents and children are given the medicines they need.

Support for two partners of Piyal as well as Piyal and a widow of one of Piyal’s partners.

Piyal has started a discipleship programme and VFA are part of this programme. Bibles are provided as needed.

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Vision for Asia

REPORT OF THE TRUSTEES

for the year ended 31[st] December 2023

£500 was given for the Christmas Feeding Programme.

Chary Refugio in the Philippines

Chary’s church fees were paid by VFA. Relief was given to flood victims.

The orphans that Chary looks after were given a gift and the school fees were paid. Support for Pastor Gemar and Chary and his family’s needs. Support for evangelism and for Bibles.

Robert Rabie in Myanmar

Support for a teacher for the children plus school fees and a solar lamp. Support for Robert and church fees and license paid. 200 Bibles bought.

Vital relief was given to the cyclone and flood victims.

Varun Tiswari in New Dehli

Support was given to Varun. £500 for the Christmas Feeding Programme.

Varughese Mathew in Andaman Island

Support was given to Varughese and their Pastors. Gift for the orphans was given. Relief for the poor. £500 for the Christmas Feeding Programme.

Shekar Scott in Varanasi

Regular support was given to Pastor Scott for his work in Varanasi. £500 for the Christmas Feeding Programme

Saji Refugio in Kerala

Support for Saji’s work £500 for the Christmas Feeding Programme.

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 £5,590 (PY outgoing £4,552) 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 £6,281 (PY £2,719)

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.

Financial reports are presented to the board at each meeting. Minutes of each meeting are taken and subsequently distributed.

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Vision for Asia

REPORT OF THE TRUSTEES for the year ended 31[st] December 2023

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 Appointments/Resignations Marilyn Collins Chair Maria Ruffhead Susan Nightingale Nicola Ross Andrew Shuttleworth Appointed Independent Examiner Magnus Proctor FFA Lindisfarne Landkey Road Barnstaple EX32 9BW Approved by the board of trustees on 19[th] June 2024 and signed on its behalf by:

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............................................. Marilyn Collins, Chair

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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 2023.

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:

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Magnus Proctor FFA Fellow of the Institute of Financial Accountants Lindisfarne Landkey Road Barnstaple EX32 9BW

Date: 19[th] June 2024

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Vision for Asia

RECEIPTS AND PAYMENTS for the year to 31[st] December 2023

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
Widows and orphans
Exodus
Discipleship
Myanmar Church
Bibles
Chary
Manipur
Support costs:
Accountancy fees
Charities insurance
Office costs
Bank charges
Conferences
Website
Travel costs
Total payments
Net receipts / (payments)
Reconciliation of funds
Transfer between funds
Total Funds brought forward
Total Funds carried forward		 2023
2022
Unrestricted
funds
Restricted
funds
Total
Total
£
£
£
12,455
78,658
91,113
65,498
0
0
0
0
12,455
78,658
91,113
65,498
1,800
0
1,800
1,800
0
10,648
10,648
8,788
0
24,005
24,005
21,129
0
3,522
3,522
4,054
0
9,565
9,565
9,335
0
0
0
1,000
0
8,942
8,942
3,847
0
2,570
2,570
4,458
0
3,095
3,095
0
0
0
0
120
0
1,100
1,100
0
0
2,868
2,868
3,351
0
8,023
8,023
2,073
0
0
0
2,943
0
2,292
2,292
900
250
0
250
400
504
0
504
412
795
0
795
2,642
173
0
173
165
0
0
0
0
2,746
0
2,746
2,633
2,625
0
2,625
0
8,893
76,630
85,523
70,050
3,562
2,028
5,590
(4,552)
0
0
0
0
2,719
8,734
11,453
16,005
7,142
9,901
17,043
11,453

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Vision for Asia

STATEMENT OF ASSETS AND LIABILITIES At 31[st] December 2023

STATEMENT OF ASSETS AND LIABILITIES
At 31st December 2023
Fixed Assets
Current Assets
Debtors
Cash at bank
Current Liabilities
Creditors
Total Assets less Liabilities		 2023
2022
Unrestricted
funds
Restricted
funds
Total
Total
£
£
£
0
0
0
0
0
0
0
0
6,281
10,762
17,043
11,453
(300)
0
(300)
(300)
5,981
10,792
16,743
11,153

The financial statements were approved by the Board of Trustees on 19[th] June 2024 and were signed on its behalf by:

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............................................. 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.

3. Movement in Funds

Unrestricted Funds
General Fund
Restricted:
Child sponsorship
Pastor support
Projects
Total Funds
Unrestricted Funds
General Fund
Restricted:
Child sponsorship
Pastor support
Projects
Total Funds		 Balance
Income
Expenditure
Transfers
Balance
1st Jan 2023
31st Dec 2023
2,719
12,455
(8,893)
0
6,281
2,848
9,983
(10,648)
0
2,183
2,264
24,856
(24,005)
0
3,115
3,622
43,819
(41,977)
0
5,464
11,453
91,113
(85,523)
0
17,043
Balance
Income
Expenditure
Transfers
Balance
1st Jan 2022
31st Dec 2022
3,858
6,052
(8,052)
861
2,719
538
5,734
(8,788)
5,634
2,848
3,743
20,647
(21,128)
(998)
2,264
7,866
33,065
(32,082)
(5227)
3,622
16,005
65,498
(70,050)
0
11,453

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