Al Massira Trust Financial Statements For the year ended 31" December 2023
Al Massira Trust Contents Page DirÈctor3to and Admini%trxtinn Report of the Directors .5-10 Report ofthe Independent Examiner Statement of Financial Activities lincorporatin8 the Income and Expenditure Account) 13 Balance Sheet 14-15 Notes to the Financial Statements 16-24
Al Massira Trust Directorate and Administration Directors/Trustees of Charity l R C Davies P J 5vlviTIVII P J S Brittenden R A Deighton Resigned 13 November 2023 M S Afshari Sarjaz Resi2ned June 2UI T F L Griffiths Resigned l June 2023 K Lyon J Greenaway Chair Appointp.d la Nnvpmhpr ?n?. Chief Executive Officer A Ajames eEistered Uffice 7 Bell Yard London WC2A 2JR Single Alternative Inspection Location 71 Elgin Road Pwll Ll3r+elli 5A15 4AF Independent Examiner Steve Ellum steve Ellum & A550ciate5 Ltd Chartered Accountants Adulam House Glan YrAfon SA15 3QB Rxnkpr.q CAF Bank Ltd. 25 Kings Hill Avenue Kings Hill Wert Malling ME194Ja Solicitors Camerons Solicitors LLP 27A Harley Place London WIG 8LZ
Al Massira Trust Directorate and Administration Company Number Company incorporated 08066742 th 11 May 2012 Charity Number 1152547 Charity registered 21" June 2013 Operating Name Al Massira International
Al Massira Trust Report of the Directors for the year ended 31st December 2023 The directors present their report and the independently examined financial statements for the year ended 31, December 2023. Al Massira Trust is a company limited by guarantee. th incorporated on 11 May 2012, not having a sha re capital and registei.ed witli tlie cliai.ity Commission on 21st Ju ne 2013. Th@ company is governed by a board of trjjstees oporating underthe Trusys Memorandum and Articles of Association dated 4 May 2012. l. Objects The worldwide objects for which the company is estsblished are.. to advance the Christian faith worldwide among thosè with limited 3cr.ess tn it. particularly through the use of personal tutoring. educational resources and electronic to carry out any exclusively charitsble activities ancillary to the above. 2. Means of attaining the above objects The Trust's principal actlVlTr Is the promotion of Al Massiro. a video training resource that explains the Christian faith.. this resource is delivered predominantly through training events which are organised by the Trust or its partners. The Dlrectors have obtalned professlonal advlce In the preparation of board policies. These are under continuous review. The Directors and management team glve proper consideration to the Charity Commission's guiddTILe public benEfit when plannin8 aEtivitie5 for the year. The Trust operates under England and Wales charity legislation and comprises a small administration team at the primary location and other workers and volunteers operating out of their home5 in the UK, Europe, the Middle E65t, Africa, Asia, Australia and tlie Amei"ica5. A growing number of independent teams based outside the UK promote the resource and run training events in their worldwide regions- the relationship5 between these groups are defined by Memoranda of Understanding. Where possible these independent teams cor*tribute income through royalties on 5ale5 of the resource but there is no liability for expenditure on these teams, except within the USA and Canada. As a faith-based organlsatlon, the TnJst place5 great importance not only on wise leadership and the adherence to best practice but alJO in a prayer baed foundation to it5 board ol trustees and the daily operation of the Trust. performance agalnst Plan and Future Plans The primary activities of the Trust are the distribution and development of the Al Massiro resource. Distribution is currently achieved primarily through training and additional methods are u ndor active consideration. Development activity include& the addition of now language variants to the Al Massira resource through sub-titles and audio versions being added to the film resource.
Al Massira Trust Report of the Directors for the year ended 31SI December 2023 lil thi5 p¥i-iod. 108 traiHing events were completed worldwide with about 1770 people trained to use the Al Ma55ira resource. 36 training events were held online which represents 33% of all training5. Ten 'Train the Trainerf events were run worldwide attended by about 80 potential trainers. Three new language dubbines have been completed along with I new subtitle language added. Significant progress has also been made wlth another slx language projects and a nother six written resource projects are under way. Demand continues to grow for the Al Mussira resource and training - this includes Africa. the Arab world. several areas in Asia. Europe and N & S America and amonESt those working wtth refugees. In many places the demand requires the resou rce and training to be rendered into new laT>guages. Training is now operating in ovor SO countrias with a particular focus of team activity in around 40 countries. This work is Supe15ed using eleven regional coordination areas, with two of these inaugurated during 2023. Al M2%%irx TriJ%t pnr.niiraeeK tpam< to form in different locations with the purpose of underraking translation projecis, delivering training a nd providing follow-up and support. Where possible these teams are developed through building pèrtnerships with different agencies and churches. The relationship between Al Massira Trust and these teams is both guidg.d And giiardpd thrnilgh thp. .%iening nf Memoranda of Understanding_ Resources are available in MP4 format by download. In addition to this two Al Mossira apps have been prepared- a web-based app which was launched in 2022 and a SD Card app for places where internet access is limited or expensive. A team was formod in 2022 to producp a new film series Ito follow on from the existing film51 with a focus on discipleship. Online and face to face meetings have takers place throughout 2023 to develop the content of this now soriè5. Websites, a shared online work platform and the database continue to be developed to support the work of the teams internationally. Communication through regular newsletters and praypr-1g.ttpr.£ maintain.£ gnnd r.nnnprtinn with thnsp whn hAvp bppn train9d and who support the work of the chariry. Through the training and the following engagement Al Massira Trust continues to encourage healthy. friendship-based community development across different national and cultLJral backgrounds. Encouragingfeedback has been received from those participating in Al Mossira groups a round the world- many reports are being received of lives beine changed through encounterinejesus thivugli d d¢¢yei explviil liuri uf Lliv Cliri5lidri Stripture5. 4. Appointment, Induction and Training of Dirertors Selection of new trustees is the responsibility of the boa rd of trustees alone and appointment for a three-year term is by a resollttion of the trustees.
Al Massira Trust Report of the Directors for the year ended 31st December 2023 One new dlrecror, Jonathan Greenaway, was appointed in ihis period and three resigned. one at the end of their first term ol office and the other two during their first terms. th By special resolution of the board on 7 June 2023, lan Davies. whose second term of office th is du¥ to ¥Ayi1 uii 8 F¥iJi Udly 2024, Wd5 dppuiriled exceptionally for a third term to brlng stability and continuity to the board during a time of development of new projects. An induction process is undertaken for all new directorsltrustees. including a personal meeting with the board Chair or the Cliairfs repi"eseiitative aiid ali iiivildLivii Iu <iLleiid d bvdid meeting as an observer where practicable. All directors are apprised of their roles and responsibilities as directors of a company and trustees of a trust and a re provided with copies of the key documents governing Al Massira Trust including the board's policies. In the induction proce33 tru3tee3 are aljo directed toward5 the Charity Coninii55ion'5 web51te. 5. Governance and Board Policies The board continued its programme of rolling review, and where necessary revision, of all board policies which in 2023 notably included the board's Financial Policies, Safeguarding of Vulnerable Individua15 and Health, Safety and Safeguarding Policles. In addltion, the Board Chair, Board Tre2gurÈr and 803rd Member Role Description. were reviewed. Furthermore, consideratlon was undertaken of adding a policy on Al. 6. Data Protection Introduction of data protectlon requirements under the GDPR in 2018 has become well Ét2hli<hpd in thg ¢.harity'E opgration5 and processes. 7. Risk Review The board formally ieview5 its Risk Register annually or whenever there are slgnlflcant changes in the nature of the charity's work or it5 Spheres of operation. During 2023 the Board'5 chair initiated the personal discipline of reviewing the Risk Register monthly. Fundiiig 15 a pi-IlTiary COllL¥I-ii a lid followiiig tlie ii)itldl yedlS vf seed fuiidirig Llie bvil Id Wiblivs to broaden its funding base and dev91op a wider rango of grant making bodies and personal donors. At the same time. it is working to ensure that costs of its training are carefully controlled and that in the developed world, where the recipients are able to do so, a rea50nable contribution toward3 that training is sought from delegate5. 8. Reserves Policy Ro£grvp..£ a rp. Ap.finp.d Aq tnt211y 11 nre%trirtèd flind4. At all times. the 3ccept3ble level of frÈe reserves held by the Trust will be equivalent to three months of budgeted annual unrestricted expenditure12023-. £24,474, 2022- £29,800). The minimum level of free reserves held by the Trust will be equivalent to two months of budgeted annval unrc- .trictcd cxpcnditure12023: £16,316, 2022= £19,9001. When possible, free resetves wlll be held at fou r to five months of budgeted annual unrestricted expenditure. At the year-end free reserves of £66.037 were
Al Massira Trust Report of the Directors for the year ended 31st December 2023 lield 12022. £46,120) wliiili WdS E4UIVdleiiL lo 9 months actual unrestrlcted expendlture 12022.. over 8 month51. Unrestricted funds, which are held by partner organisations on behalf of the Trust. will be included within reserve3 but clearly identified as being held by partners. The Reserves have been maintained at the agreed level throughout 2023 and the balance of funds held in GBP and USD carefully managed. 9. Directors, Responsibilltles Company law requires the directors to prepare financial statements for each financial period which eive a true and fair view of the financi31 activities for that pp.ri(Jd tn89.thp.r with thg assets and liabilities at the end of the period and which adequately distinguish any material special trust or other restrirted fund of the compa ny. I n preparing those financial statements. the dirertors are required to.. al select Sultable accounting policies and then apply them conslstently, bl rnake judgments and estimates that are reasonable and prudent, cl state whether the policieg adopted are in accordance with the appropriate SORP on Accounting by Lharities and the Accounting Regulations and with applicable accounting standards subject to any materlal departures disclosed and explained in the financial statements; and dl prpparg fina ncial statgments on the 'going concern, basis unless it is inappropriate to assume that the company will continue in its activitie5. The directors are responsible for keeping proper accounting records which disclose with reasona ble accuracy at any time the financial position of the company and to enablp thp.m tn ensure that the financial statements comply with the Companies Act 2006 and Statements of Recommended Practice and the regulations made under section 130 of the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and irregularities. 10. Management Training of trainers is managed between the Trust and the regional pa rtner teams and all new tldiner5 a re accred ited, in part, through Tra5n the Tralner cou rses. The tra Inlng resources are subject to continuous revision based on feedback from trainee5 and course users. Increasingly however local teams are authorised to train and appoint new trainers and the challenge is to ensure that both the ethos and qualitv of that trainine is maintained Virtual meetings at Sviiivi Le(Ideis1iip, Regional Cooidinator, Regional Team and admlnlstratlve staff levels asslsr these relationships. Development of good communication behveen all leve15 of the organization's structure is a significant factor in the success of the charity. Promotion of the resource amongst potential u5er5 aiid 111 iiew I"egiui7s vl Ili¢ wvi Id iuiiliiiuv5 through the attention of both Al Massira International and the regional and local teams.
Al Massira Trust Report of the Directors for the year ended 31st December 2023 ii. Strategic intent The board supports operational management in several way5- reviewing the organisational structure as the work grows, reviewing and affirming the Trust's objectives and plans. both operatinnal and strategic, ensuring that the core values are being adhered to and followed through, onsuring adherence to the legislative framework as it applies to AMT, staffing and fundraising and other related matters. As part of the board'5 own development, it has added and continues to seek additional trusteos whose skills will match the needs of the expandcd work toward5 these objectives. 12. Financial Review Income to the trust comprises receipts from organisers ot Al Mossiro training Èvents throughout the world, donations from individua15 and grants from grant-makers and churches. The training income receipts include an element of sale of the resource to trainees, often at a reduced price in Arp.a.% whprp thp ability to pay ig well below the level of the full product prlce charged in countries with developed economies. Significant attention continues to be given to careful budgeting. All new language translations must first be backed by clear funding commitments. Np.w 2pprnac.hes to the present3tion of Ilie woik and needs of the charlry and new donor management systems have been put In place. Thus, the trustees have sought to raise the profile of Al Mt7ssira with interested supporters, backed by stories of the work that takes place around the world. Whllst the trustees are grateful for continued committed tundin£ enabling the work to continug and grow, it is recognised that the funding environment remains challenging and continued growth requires the nurturing of good relationships with both large and small donors. Net income for the year amounted to £S1.5 1112U22'. £1211,0661. Unrestricted funds carried fOard at the year-end were £69,70012022.. £50,308). Restricted funds carried foTwaid at the year-end were £304,491 {2022: £292.3121, the majority of which were for the development of new langipagg..£ and nf 2 Éprnnd vid90-basgd mLilti-media resourco. 13. Team members M05t teani nieiiibei"s, Iiiiludiiig iIIvse bilsed LTrversea5, are treated by the local Tax authorttles as self_employed or volunteer5. The exceptions are a small number of part-time clerical staff based at the principal location. who are the only employees. Additional people work voluntaiily as traiiiers, IuLd I vi IdllgUd¥e related 'cooidinatlon team, members. translators or training event organisors,. these peoplè do not, except by invitation, partake in the primary decision making of the Trusvs day-to-day activities. For managcmcnt purp05e5 a notional value of £248,9J9 wa5 budseted foi" voluiitrvi liiite during the year but this figure has not been included in the accounts.
Al Massira Trust Report of the Directors for the year ended 315r December 2023 The Trust ¢ontinue5 to operate an auto-enrolment pension Scheme for all eligible employees based in the UK, as required by law and that scheme is well established having now reached the full level of statutory contributions for employer and employees. 14. Registered Office The companVs registered office has moved to a new address in London and the Directors are satisfied that this location is advantageous for thc Trust. A Single Alternative In5pertion Location ISAILI is operated and Registered Office documents are now held on a secure cloud server. 15. Independent Examination Steve Ellum was re-appointed as Independent Examiner of the company on 12th June 2023 in rpspprt of th@ year ÈndÈd 31st December 2023. Approval This report was approved and authorised for issue by the directors on 5i8ned on thelr behalf: ..May 2024 and l R C Davies Director Company name: Company number: Al Massira Trust 08066742 io
Al Massira Trust Report of the Indppp.ndp.nt Examine.r for the year ended 31st December 2023 I report on the accounts for the year ended 31 Deceiiiber 2023 set out oii tlie fvllvwiii¥ Viiges. Responsibilitles and basls of report A- thc charitys trustees of the company Iwho are also the director3 of the company for the purposes of compa ny lawl, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2006 AcW}. Having satisfied my.elf that the accounts of thc company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Cha ritie5 Act 20111"the 2011 ACVI. In carrying out my examination. I have followed the Directions given by the Charity Commission (under section 1451Sllbl of thc 2011 Act. Independent examiner's ¥tatement Slnce the companws gross income exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confirm that l am qualified to undcrtakc the examination because l am a member of the Institute of Chartered Accountants England and Wales. which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that.. accounting records were not kept in accordance wlth section 386 of the Companies Act 2006; or thc accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under sertion 396 of the Companies Act 2006 other than a ny requlrement that the accounts give a 'tnJe and fairf view which is not a matter considered as part of an independent cxamination,. or the accounts have not been prepared in accordan with the Charities SORP IFRS1021. I have no concern and have Come acr055 no othcr mattcrs in connection with the examination to which attention should be drawn in this report in order to enable a proper understandinR of the accounts to be reached. li
Al Massira Trust Report of the Indepondent Examiner for the year ended 31st December 2023 Signed.. Name: Steve Ellum Steve ElluiTr & A55"QClilte5 Ltd Chartered Accountants Adulam House Glan YrAfon Llanelli 53QB Address: Date- . May 2024 12
Al Massira Trust Stat.pmp_nt of Financi31 Activities (incorporating the Income and Expenditure Account) for the year ended 31st December 2023 Unrestritted Funds 2023 Restrlrted Funds 2023 Total Funds 2023 Total Funds 2022 Note Income Donations 85.471 159,521 244,992 330,302 Investment Income Income from Charitable rtivitip 4,689 4,689 292 16.047 992 17,039 14,253 Totol Income 106.207 160.513 266,720 344,847 Expenditure Charitable Activities 86,815 148.334 235,149 216,781 Totol Expenditure 86,815 148,334 235,149 21b,781 Net{Expenditure)Iincome 19,392 12,179 31,571 128,066 Inlerfund Transfers 12 Net Movement ID Funds 19,392 12,179 31,571 128,066 Reconclllatlon of Funds Total funds brought forward .4n..IQA 292,212 342.620 214.SS4 Total funds ca rried fornard 69,700 304,491 374.191 342.620 This Statement of Financial Artivitics includcJ all gains or losses recoBni5ed in the year. All income and expenditure derives from contlnulng activities. Thi5 Statement of Flnanclal Aaivltles Includes an Income and expenditure account in accordance with Companies Act 2006 requirements.
Al Massira Trust Balance. Sheet as at 31st December 2023 Note 2023 2022 Flxed Assets Tangiblè AssÈts 493 Current Assets Debtors Cash at Dank and in Iland io 95,181 283,844 379,025 92,871 257,962 350,833 Creditors.. Amounts falling due within one vear li 14.2341 19,7061 Net Current Assets 374,191 342,127 NetAssets 374,191 342,620 Capital and Reserves Restricted Funds Unrestricted Fu nds Total Charity Funds 12 12 304.491 69.700 374,191 292,312 50.308 342,6?0 13 The directors have taken advantage of the Companies Act 2006 in nnt having th9.%9 2r.rniint% audited under Section 477111. No members have required the compa ny to obtain an audit of its accounts for the period in question in accordance with Section 476. The Directors acknowledge their responsibilities for ensuring that the company keeps accounting recoids which comply with 5386 and $387 of the Companie5 Act 2006 and section 138 of the Cha rities Act 2011. These accounts have been prepared In accordance with the provisions in Part 15 of the Companies Act 2006 relatlng tQ 3mall companies and constitute the annual accou nt5 required by the Companies Act 2006 and are for circulation to members of the company. The notes which follow on pages 16 to 24 form part of these financial statements. 1d
Al Massira Trust Balance Sheet as at 31st December 2023 Approval These accounts were approved and authorised for issue by the directors on ....... May 2024 and signed on their behalf: l R C Davies Director Company name: Al Massira Trust Company number: 08066742 15
Al Massira Trust Notes to the Financial Statements st for the year ended 31 December 2023 l. Company Information Al Massira Trust is a company limited by guarantee and registered in England and Wales, registration nfjjmber 08066742, and a registered charity number 1152547. The registered ofPice is 7 Bell Yard, London, WC2A 2JR. Basis of preparation Basis of accountln8 The financial statements have been prepared In accorda nce wlth Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to charities preparing their account5 in accorda nce with thc Financial Reporting Standard IFAJ1021 published on 16, July 2014 Charities 50RP IFRS1021, the Financial Reporting Standard IFRS1021, the Charities Act 2011. the Companies Act 2006 and UK Generally Accepted Practice as it applies from I, January 2015. The charitsble company constitutes a public benefit entity as defined by FRSIO2. The financial statements have been prepared on a going concern basis under tho histnrir.al COSt convention. The finaiicial stateiiieiiis dre prepared in sterllng which Is the fUnOnal currency of the charity. Thc cha rity has applied Update Bulletin l as published on 2 February 2016 aiiij does Iiul include a cash flow statement on the grounds th3t it is applying FRS 102 Section IA. The Vignifica nt accounting policies applied in the preparation of these financial 5tateiiients are set out below. These policies have been consistently applied to all years presented unles5 Otherwise stated. Changes to previous accounts No changes have been made to the financial statements for previous years unless othetwise stated within the note5 a5 a prior year adjustment. bl Preparation of the accounts on a golng concern basis The directors continue to pursue strategies to increase the number of grants and donations needed to ftjnd the wnrk. And hp.nr.g these accoLints havg been preparéd on a 80ing concern basls. Income recoenition policies Items of income are recognised and included in the accounts when all of the following criteria are met= Llie ilidrity has entitlement to the funds,. any performance conditions attached to the items of income have been met or are fully within the control of the charity,. 16
Al Massira Trust NcJt.p£ to thg Financial Statements for the year ended 31" December 2023 tlieie is surriLieiil Lei l(liaty that receipt of the Income is considered probable.. and the amount can be measured reliably. dl Interest re1vable Interest on funds hèld on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notlflcatlon of the Interest pald or payable by the bank. Fund accountln8 Llnrp.strirtgd fiinds are available to spend on activities that further any of the purp0C of the charSty. Designated funds are unrestrlcted funds of the charity which the directors have decided at their d iscretion to set aside to use for a specific purpose. Restricted funds are donations which the donor ha" -pecified are to be solely used for particular areas of tliv charitvs work. Expenditure and irr•coverableVAT Expendituie is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obliEatinn ran hp m9asiirgd reliably. Irrecoverable VAT 15 charged as a cost against the activity for which the expenditure was incurred. g) Allotation of support costs All support costs have been divided between direct charitable expenditure and other expenditure. Withln these there is a further analysls of functlonal support. fundralslng, publicity and governance costs. The costs incurred by any particular activity {project, team or administrative department) have been allocated according to the nature, cha ritable or otherwise, of that activity. h) Operating leases Rentals paid under operating leases are charged to income as incurred. Governance Costs These include costs of the preparation and examination of statutory accounts, the costs of trii£tpp mgptin8s and cost of any legal advlcg to trustees on sovernance or constitutional marters. Tangible Flxed Assets Iiidividual fixed a55ets costlng £1,000 or more are capitalised at cost a nd are depreciated over their estimated useful economic lives on a straight-line basis as follows.. Computerequipment over five years 17
Al Massira Trust Note.s to the Financial Statements for the year ended 31st December 2023 k) Creditors and provlsions Creditor5 and provisions are recognised at their settlement amount where the charlty ha5 a prp.spnt obliEation resulting from a past event that will probably result in the transfer of fund: to a third party and the amou nt due to settle the obligation can be measured or estimated reliably. 2. Incomefrom Donations and Grants Donations and Grants have been received during thg. ypar 2% follows.. Unrestricted Restricted Total 2023 Geiieral Translation Teams Al MaEsira App 85,471 2,000 39.360 28,750 9,221 69,953 10,237 159.521 87.471 39,360 28,750 9,221 69,953 10.237 244.99? AM2 Other 85.471 2022 General Translation Teams Al Massira App AM2 Other 42,309 24,332 85,873 33,433 15,847 112,136 16,372 287,993 66,641 85,873 33,433 15.847 112,136 16,372 330,302 42,309 3. Income from Charltsble Artlvltles unrestricted Restritted Total 2023 Income from Trainin8 and Resources 16,047 16,047 992 17,039 17,039 992 2022 Income from Training and Resources 13.583 13,583 670 670 14,2S3 14,253 18
Al Massira Trust Notps tn the. Financial Statements for the year ended 31ST December 2023 k Analysls of Expenditure on Charitable Activities Unrestricted Restrlcted Total 2023 Staff & Team Development ation Training Website & IT Development Promotion & cOnferenS Governance AM Team Expenses Other Group Expenses 49,252 31,685 32.410 GJ,IOG 277 11.272 80,937 32,410 G3,138 277 27,829 128 1,746 13,632 15,052 235,149 32 16.557 128 1,146 4,270 14,830 8G,815 9.362 222 148,334 2022 Staff & Team Team Gatherings Development Translation Training Webslte & IT Development Promotion & Conferences Governance 42,469 45,442 39.395 18,338 33,698 8.467 87,911 39,395 18.338 33.778 14,319 1.533 8,903 2,160 3,812 6,632 216,781 80 5,852 1.533 6,679 2,160 3,543 6,092 68,408 2,224 AM Team Expenses Other Group Expenses 269 540 148,373 5. Governance Costs All Eovernance costg were paid from unrestricted funds. 2023 2022 Independent Examiner," Fees Costs associated with Boa rd Meetings Other Costs 780 893 73 1.746 768 1.379 13 2.160
Al Massira Trust Nnte.s to the Financial Statements for the year ended 31" December 2023 6. Net Incomefor the yea This is stated after charging: 2023 2022 Depreciation Independent Examination provision 493 493 780 768 7. Analysls of Staff Costs and Trustee Remuneration and Expenses Staff and Team Member costs were as follows.. 2023 2022 Salaries Pension Contributions Fee5 Pdyable 51,125 1.235 27,329 79,689 54,611 1.355 29,905 85,871 No employee ofthe charity received emoluments of more than £60,000 {2022: none) No trustee received any remuneration during the year. Two trustees received reimbursement of expenses of £377.12022: one trustee £1881. The Chief Executive Officer and Dirertor of Operatlons of Al Massira give their time voluntarily and therefore the total employment bencfit-, including cmployer pension contribution5, of the key ma nagement personnel of the charity were £nil12022'. £nill. During the year the charity had one full-time employee 12022: one) and three part-tlme employees12022- four). 8. Taxatlon As a charity, Al Massira Trust is exempt from tsx on income and gains falling within section 505 of the Taxes Act 1988 or 5256 of the Taxation of Cha rReable Gains Act 1992 to the extent that these are applied to its charitable object5. 20
Al Massira Trust Nntp..£ to thp. Financial Statements for the year ended 31SI December 2023 9. Tanglble Fixed Assets All assets are held for direct charitable purpose5. Computer Equlpment Total Cost At l Ja iiuary 2023 Additions Disposals At 31 December 2023 9,092 9,092 (3,0941 5,gg8 13,094) 5,998 Depreciallon At l January 2023 Cliai"ge Disposals At 31 December 2023 8,599 493 13,0941 5,998 8.599 493 13.0941 5,998 Net Book Values At 31 December 2023 At 31 December 2022 493 493 10. Debtors 2023 2022 Amount5 falling due withln one year rund3 held in the US Other Debtors Prepayments and accrued income iift Aid tax rp.p2ymp.nt Aiip 86,720 3.607 836 561 1,816 1.350 95.181 1.708 92.871 11. Creditors: amounts falling due withln one year 2023 2022 Tradp freditors Other Creditors Accruals 4.054 7,710 ?.5? 744 780 4.834 8.706
Al Massira Trust Notes to the Financial Statements for the year ended 31st December 2023 12. Movements in Funds At 1st Jan 2023 Income Expenditure At 31st Dec 2023 Transfers Restricted funds Language Development Regional Coordination Tcams 144,419 39,360 {70,7941 11.5861 111,399 23,419 11,170 88,416 ?4.2AA 292,312 29,741 9,221 69,953 121,2101 {18,5351 124,5211 112 27al 1148,3341 31,950 3.442 133,848 23,852 304,491 Al Massira App AM2 1,586 Other Total Restrlcted fvnds 160,513 Unrestrlcted funds De5tgnated funds Language Development Regional Coordination Tea ms 500 soo 3.195 3,695 1321 (32) 3,163 3,663 Total Designated funds General funds 46,613 106,207 186,7831 {86,815) 66,037 Total unrestricted funds 50,308 106,207 69,700 Total funds 342.620 266,720 (235,149) 374,191 Purposes of Re5trlcted Funds Language Development: These funds are grants or donations which have been given for translating the Al Mossiro resources into various languages. Regional Coordination Teams: These funds a re donations for runniiig Al M055iru t¥illTIS diid training events in specific regions Al Massiia App.. These funds are donatlons and grants for the development of the Al Masslra App. AM2= These funds are donations and grants for the development and production of a second video-based resource. Other funds: These fund5 include donations for specific projèrts. xr.tiviti@s and evonts. fl. 586 has been tra nsferred from the Language fu nds into the AM App fund for development of the AM App. 22
Al Massira Trust Notes t.o thp. Financi31 St3tements for the year ended 31st December 2023 Purposes of Designated Funds Language Development.. These funds are for translating the Al Massira resources into various langua8C5. Regional Coordination Teams.. These funds are for Al Masslra teams and training events in specific areas. 13. Anatysis of Net Assets between Funds Fund balances at 31, December are represented by.. Unrestricted Designated Funds Funds Restrirted Funds Total Current Assets 70,871 14,8341 3,663 304,491 379,025 14.8341 Current Liabilities Net Assets at 31st Dernber 2023 66,037 3,663 304,491 374,191 14. Related Partles Total donations made to the charity by related parties were £56312021.. £4601. 'Funds held in the US. of £91,45412022.' £86.7201 are donations rnade to the work of the charity and income from tra ining event3 held in the U5. These are held on the charity's behalf by World Horizon5 USA which is incorporated in the State of Virginia as 'Horizons Expeditions Inc, Andrew Fuller is the Director of Operations and a signatory for one of the bank accounts of Al Massira Trust. He is also a signatory on the bank accounts of 'Horizons Expeditions Inc..
Al Massira Trust Notes t.cj thp. Financ.i31 St3tements for the year ended 31SI December 2023 15. Statement of Financial Activities lincorporating the Income and Expenditure Account) for the year ended 31" December 2022 Unrestrlcted Funds 2022 Restrl¢ted Funds 2022 Total Funds 2022 Income Donations Investment Incomc Income from Charitable Activities Total Income 42,309 292 287,993 330,302 292 14,253 344.847 13,583 56,184 670 288,663 Expenditure Charitable Activities Total Expendlture 68,408 68,408 148,373 148,373 216,781 216.781 Net Movement In Funds 112,2241 140,290 128,066 Interfund Transfers 1.984 (1,9841 Reconciliatlon of Funds Total funds brought fOard Total funds carried forward 60,548 50,308 154,006 292,312 214,554 342,620 ?d