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← Vision For Asia

2024-12-31-accounts

Vision for Asia Registered Charity Number: 1152345

VISION FOR ASIA

Trustees Annual Report and Accounts For the year ended 31[st] December 2024

Vision for Asia

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31[st] December 2024

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 2024

The trustees present their report and accounts for the year to 31[st] December 2024. 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 met 3 times over the year and discussed the various aspects of the finances, reached the gospel requests from our partners and reviewed policies. The meetings were conducted in person wherever possible and via Zoom if a Trustee could not attend in person.

Visit to Philippines

Andrew Shuttleworth (Trustee) was able to visit the Philippines with Pastor Chary Refugio. He and his wife conducted services with Chary, visited various churches and saw the projects that Vision for Asia were responsible for helping Chary and also with aid to buy a new computer, replace the tyres on his car which he uses to reach the pastors and churches in various areas,

Churches

Vision for Asia have been able to help with various church fees in the Philippines and Myanmar, with a building project proposed by Pastor Thomas.

Brick Kiln children

Throughout the year in Pakistan there are 4 teachers who work with Brick Kiln children and they teach them with their education.

Rujahmundry

A well was provided and this will help 2500 people from walking to fetch water every day. Twenty sewing machines have been bought to provide training for widows.

Vision for Asia support the following pastors :

Pastor Chary Refugio in the Philippines Pastor Mathew Varughese in the Andaman Islands and the pastors he supports Pastor Joshua Samuel in India Pastor Piyal Mondal in Kolkata and the pastors he supports Rev Andrew Amit in Allahabad Pastor Saleem Raza in Pakistan Robert Rabie in Myanmar Varun in New Dehli Sukla in India Biplap in India

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Vision for Asia

REPORT OF THE TRUSTEES for the year ended 31[st] December 2024

Rupamari island

On Rupamari island the Trustees continue with our many supporters who sponsor a child to help the school with Teacher’s fees, school uniform and books. Also, there is a doctor who regularly visits the school to help with any medical needs.

Christmas

These partners of Vision for Asia have a Christmas Feeding Programme every year from the beginning of December to after Christmas. They provide a meal, gifts for the children and tell everyone about Jesus in remote villages. We are also able to supply Christmas gifts for all the children at the school in the Philippines, Andaman Islands and on Rupamari island.

Financial review

The trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activities shows the total receipts are down by 31% at £62,519 (2023: £91,113) which has reduced the amount of support given to £54,970 (2023: £78,430). There was deficit from all financial activities of £1,427 (2023: surplus £5,590)

The charity’s principal source of funding is from donations and fund raising.

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 £6,475 (PY £6,281)

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 2024

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 Michael King MAAT 53 Fountain Fields High Bickington EX37 9AP

Approved by the board of trustees on 22 July 2025 signed on its behalf by:

............................................. 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 2024.

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:

Michael King MAAT Member of the Association of Accounting Technicians 53 Fountain Fields High Bickington EX37 9AP

Date: 22[nd] July 22, 2025

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Vision for Asia

RECEIPTS AND PAYMENTS for the year to 31[st] December 2024

Receipts
Donations and gifts
Total receipts
Payments
Fundraising expenses
Charitable activities:
Child sponsorship
Pastor support
Christmas feeding
One child at a time
Relief
Water projects
Widows and Orphans
Discipleship
Myanmar Church
Chary's Church
Bibles
Sewing machines
Amit Building
Manipur
Support costs:
Accountancy fees
Charities insurance
Office costs
Bank charges
Website
Travel costs
Total payments
Net receipts / (payments)
Reconciliation of funds
Transfer between funds
Total Funds brought forward
Total Funds carried forward		 2024
2023
Unrestricted
funds
£
Restricted
funds
£
Total
£
Total
£
11,071
51,448
62,519
91,113
11,071
51,448
62,519
91,113
1,900
0
1,900
1,800
0
8,256
8,256
10,648
0
17,818
17,818
24,005
0
2,800
2,800
3,522
0
7,875
7,875
9,565
0
2,915
2,915
8,942
0
4,020
4,020
2,570
0
0
0
3,095
0
1,150
1,150
1,100
0
2,586
2,586
2,868
1,505
1,505
0
0
1,618
1,618
8,023
725
725
0
1,800
1,800
0
0
0
0
2,292
300
0
300
250
539
0
539
504
495
0
495
795
148
0
148
173
5,494
0
5,494
2,746
2,000
0
2,000
2,625
10,877
53,069
63,946
85,523
194
(1,621)
(1,427)
5,590
0
0
6,281
10,762
17,043
11,453
6,475
9,141
15,616
17,043

Page 5

Vision for Asia

STATEMENT OF ASSETS AND LIABILITIES At 31[st] December 2024

STATEMENT OF ASSETS AND LIABILITIES
At 31[st] December 2024
2024 2023
Unrestricted Restricted Total Total
funds funds
£ £ £
Fixed Assets
0 0 0 0
Current Assets
Debtors 0 0 0 0
Cash at bank 6,475 9,141 15,616 17,043
Current Liabilities
Creditors (300) 0 (300) (300)
Total Assets less Liabilities 6,175 9,141 15,316 16,743

The financial statements were approved by the Board of Trustees on 22 July 2025 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.

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 2024
31st Dec 2024
6,281
11,071
(10,877)
6,475
2,183
9,538
(8,256)
3,465
3,115
16,217
(17,818)
1,514
5,464
25,693
(26,995)
4,162
17,043
62,519
(63,946)
0
15,616
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

Page 7