## **Trustees' Annual Report for the period**
Period start date Period end date 01 01 2023 31 12 2023 **From To**
## Section A Reference and administration details
> **Charity name** One Another Ministries
> **Other names charity is known by** One Another
> **Registered charity number (if any)** 1153662
**Charity's principal address**
The White House
Marquis Drive Cannock, Staffordshire **Postcode WS12 4PR**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Dr. Robert Lugar|Chair|||
||CraigBryson|Secretary|||
||Brett Eubank|Treasurer|||
||Dorcas Harbin|Vice President|||
||Ian Adlington||||
||Lorna Buckland||01/01/2023 – 02/03/2023||
||Irene Lange||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
|**Type of adviser**|**Name**
**Address**|**Name**
**Address**|
|---|---|---|
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
|Harry Robinson, Executive Director|||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
- (eg. trust deed, constitution) Constitution
How the charity is constituted (eg. trust, association, company)[Charitable Incorporated Organisation]
Trustee selection methods (eg. appointed by, elected by)[Elected by current board members]
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where -The term of office for trustees is one year renewable. relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
- All new members receive orientation, manuals, and significant background information and have access to all minutes.
- The trustees receive no remuneration.
- The charity is a member of the Global Connections network and works in partnership with One Another Ministries International, USA.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
Our objectives are for the benefit of the public and the advancement of the Christian faith in the UK and around the world. We do this by strengthening and encouraging international Christian workers and their organizations. Our goal is to care for those who care for others.
March **2012**
**TAR**
2
One Another Ministries provides professional services, training, consulting, resourcing, and crisis and trauma debriefing to Christian workers and missionary societies; thus benefitting the public in the communities served by these churches and missionary societies.
One Another Ministries’ religious activities aim to provide services, advocacy, advice, and information. These **Summary of the main** services are offered at our ministry centre, through **activities undertaken for the** teleconferencing, or at the point of need when necessary. **public benefit in relation to these objects (include within this section the statutory** In planning and carrying out all charity activities, the **declaration that trustees have** trustees have had due regard to the commission’s public **had regard to the guidance** benefit guidance, and have taken special care to ensure **issued by the Charity** that all activities are in accordance with the stated **Commission on public benefit)** purpose of the charity and are for public, rather than private, benefit.
## **Additional details of objectives and activities (Optional information)**
All activities of the CIO are undertaken and provided by volunteers.
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
- In 2023, One Another Ministries provided services for 403 missionaries and international Christian workers. These missionaries were sent out by 63 missionary societies.
- Services were provided to field or ministry teams, families, couples, and individuals.
- We provided training for 178 international Christian workers through training on-line and in person training events.
- In addition to the training events, approximately 53% of the services offered to individuals and small groups were proactive in nature. This included consulting, debriefing, encouragement and resourcing.
- Approximately 47% of our services to individuals and small groups were responsive in nature and included: consulting, conflict intervention, traumatic incident or crisis intervention.
- Many resources for the training and development of Christian workers were made available online.
- One Another Ministries normally provides hospitality to those receiving services at our ministry centre.
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
**Details of any funds materially in deficit**
It is the policy of the CIO to operate only from available funds.
The CIO does not allow any funds to go into deficit.
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
The CIO does not engage in active fundraising. The source of all of the charity’s funds is voluntary donations from partnering ministries, missionary societies, and their members.
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary, Chair,**
**etc)**
**Date**|||
|---|---|---|
||William Brett Eubank||
||Chairman||
||07/08/2024||
March **2012**
**TAR**
5
**Charity Name No (if any) One Another Ministries 1153662 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 1/1/2023 31/12/2023
## **Section A Receipts and payments**
|**Section A Receipts and payments**|||||
|---|---|---|---|---|
|**A1 Receipts**
Donations and subsidies received
**48,162**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**48,162**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 48,162**
**A3 Payments**
MinistryCentre expenses
**9,715**
Client services,resources and hospitality
**116**
Ministrydevelopment and networking
**1,012**
Ministryoperations w/ U.S. charity
**25,000**
Other ministryoperations and admin
**2,253**
**-**
**-**
**-**
**_Sub total_ 38,096**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 38,096**
**_Net of receipts/(payments)_ 10,066**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**47,891**
**_Cash funds this year end_ 57,957**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**|
||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**48,162**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**48,162**|**41,408**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**41,408**|
||||||
||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**||
|||||**-**|
|||||**-**|
||||||
||**-**|**-**|**48,162**|**41,408**|
||||||
||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**9,715**
**116**
**1,012**
**25,000**
**2,253**
**-**
**-**
**-**
**38,096**||
|||||**9,845**|
|||||**153**|
|||||**1,046**|
|||||**25,000**|
|||||**1,820**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**37,864**|
||||||
||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**||
||||||
|||||**-**|
||||||
||**-**|**-**|**38,096**|**37,864**|
||||||
||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**10,066**
**-**
**47,891**
**57,957**|**3,544**|
|||||**-**|
|||||**44,347**|
|||||**47,891**|
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**57,957**
**-**
**-**
**-**
**-**
**-**
**57,957**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**to nearest £**
**Endowment**
**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||||
|||||
Company registration number: CE000152 Charity registration number: 1153662
## One Another Ministries
Charitable Incorporated Organisation Annual Report and Financial Statements
for the Year Ended 31 December 2023
## **One Another Ministries**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Strategic Report|2|
|Trustees' Report|3 to 5|
|Independent Auditors' Report|6 to 8|
|Independent Examiner's Report|9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Notes to the Financial Statements|12 to 19|
## **One Another Ministries**
## **Reference and Administrative Details**
**Charity Registration Number** 1153662 **Company Registration Number** CE000152 The charity is incorporated in England & Wales. **Registered Office** The White House Marquis Drive Cannock Staffordshire WS12 4PR
Page 1
## **One Another Ministries**
## **Strategic Report for the Year Ended 31 December 2023**
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 December 2023, in compliance with s414C of the Companies Act 2006.
## **Financial review**
## _**Policy on reserves**_
It is the policy of the CIO to operate only from available funds
## _**Funds in deficit**_
The CIO does not allow any funds to go into deficit
## _**Principal funding sources**_
The CIO does not engage in active fundraising. The source of all of the chariyty's funds is voluntary donations from partnering ministeries, missionary societies, and their members.
The strategic report was approved by the trustees of the charity on 27 March 2024 and signed on its behalf by:
......................................... Mr Robert Lugar Trustee
......................................... Ms Dorcas Lynn Harbin Trustee
Page 2
## **One Another Ministries**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 December 2023.
## **Objectives and activities**
## _**Objects and aims**_
Our objectives are for the benefit of the public and the advancement of the Christian faith in the UK and around the world. We do this by strengthening and encouraging international Christian workers and their organizations. Our goal is to care for those who care for others.
One Another Ministries' religious activies aim to provide services, advocacy, advice and information. These services are offered either at ministry centre or at the point of need when necessary.
## _**Public benefit**_
One Another Ministries provides proessional services,training,consulting,resourcing, and crisisand traumadebriefing to Christian workers and missionary societies; thus benefiting the public in the communities served by these churches and missionary societies.
In planning and carrying out all charity activities, the trustees have had due regard to the commission's public benefit guidance, and have taken special care to ensure all activities are in accordance with the stated purpose of the charity and are for public, rather than private, benefit
## _**Use of volunteers**_
All activities of the CIO are undertaken and provided by volunteers.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Mr Robert Lugar, (Chairperson) Ms Dorcas Lynn Harbin Reverend William Brett Eubank Craig David Bryson Irene Lange Lorna Buckland Ian Henry Adlington
## **Structure, governance and management**
## _**Nature of governing document**_
Constitution Charitable Incorporated Organisation
## _**Recruitment and appointment of trustees**_
Elected by current board members. The term of office for trustees is one year renewable.
Page 3
## **One Another Ministries**
## **Trustees' Report**
## _**Induction and training of trustees**_
All new members receive orientation, manuals, and significant background informationand have access to all minutes.
## _**Arrangements for setting key management personnel remuneration**_
The trustees receive no renumeration
## _**Organisational structure**_
The charity is a member of the Global Connections network and works in partnership with One Another Ministries International, USA.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of One Another Ministries for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Disclosure of information to auditor**
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
## **Reappointment of auditor**
Chase Accountancy Limited has been requested to complete an Independent Examination of the Accounts
Page 4
## **One Another Ministries**
## **Trustees' Report**
The annual report was approved by the trustees of the charity on 27 March 2024 and signed on its behalf by:
......................................... Mr Robert Lugar Trustee
......................................... Ms Dorcas Lynn Harbin Trustee
Page 5
## **One Another Ministries**
## **Independent Auditor's Report to the Members of One Another Ministries**
## **Opinion**
We have audited the financial statements of One Another Ministries (the 'charity') for the year ended 31 December 2023, which comprise the Statement of Financial Activities, Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 December 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Page 6
## **One Another Ministries**
## **Independent Auditor's Report to the Members of One Another Ministries**
## **Opinion on other matter prescribed by the Companies Act 2006**
- In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and Trustees' Report have been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Trustees' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.
## **Responsibilities of trustees**
As explained more fully in the Statement of trustees' responsibilities (set out on page 4), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **Auditor responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
## Detecting irregularities, including fraud
Page 7
## **One Another Ministries**
## **Independent Auditor's Report to the Members of One Another Ministries**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
......................................
(Senior Statutory Auditor) For and on behalf of , Statutory Auditor
27 March 2024
Page 8
## **One Another Ministries**
## **Independent Examiner's Report to the trustees of One Another Ministries ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited 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 Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of One Another Ministries as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Rebecca Scott-Clegg Independent Examiner AAT QB
27 March 2024
Page 9
## **One Another Ministries**
## **Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Total income
**Expenditure on:**
Charitable activities
5
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
10
**Note**
**Income and Endowments from:**
Donations and legacies
3
Total income
**Expenditure on:**
Raising funds
4
Charitable activities
5
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
10|**Unrestricted**
**funds**
**£**
48,162
48,162
(38,095)
(38,095)
10,067
10,067
47,891
57,958
**Unrestricted**
**funds**
**£**
41,408
41,408
(1,100)
(36,764)
(37,864)
3,544
3,544
44,347
47,891|**Total**
**2023**
**£**
48,162|
|---|---|---|
|||48,162|
|||(38,095)|
|||(38,095)|
|||10,067|
|||10,067
47,891|
|||57,958|
|||**Total**
**2022**
**£**
41,408|
|||41,408|
|||(1,100)
(36,764)|
|||(37,864)|
|||3,544|
|||3,544
44,347|
|||47,891|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 10.
The notes on pages 12 to 19 form an integral part of these financial statements. Page 10
## **One Another Ministries**
## **(Registration number: CE000152) Balance Sheet as at 31 December 2023**
|**Note**
**Current assets**
Cash at bank and in hand
8
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
Other reserves
Total unrestricted funds
**Total funds**
10|**2023**
**£**
57,958
10,067
47,891
57,958
57,958|**2022**
**£**
47,891|
|---|---|---|
|||3,544
44,347|
|||47,891|
|||47,891|
For the financial year ending 31 December 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 10 to 19 were approved by the trustees, and authorised for issue on 27 March 2024 and signed on their behalf by:
.........................................
Mr Robert Lugar Trustee
......................................... Ms Dorcas Lynn Harbin Trustee
The notes on pages 12 to 19 form an integral part of these financial statements. Page 11
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.
The address of its registered office is: The White House Marquis Drive Cannock Staffordshire WS12 4PR
These financial statements were authorised for issue by the trustees on 27 March 2024.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
One Another Ministries meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 12
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 13
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
## **Foreign exchange**
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:
1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);
2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and
3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 14
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
## _**Fair value measurement**_
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
**Total for 2023**
**Total for 2022**|**Unrestricted**
**funds**
**General**
**£**
48,162
48,162
41,408|**Total**
**funds**
**£**
48,162|
|---|---|---|
|||48,162|
|||41,408|
Page 15
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
## **4 Expenditure on raising funds**
|**a) Costs of trading activities**
**Note**
**Total for 2023**
**Total for 2022**|**Unrestricted**
**funds**
**General**
**£**
-
1,100|**Total**
**funds**
**£**
-|
|---|---|---|
|||1,100|
Page 16
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
|**5**
**Expenditure on charitable activities**
**6**
**Analysis of support costs**
**Charitable activities expenditure**
**Basis of allocation**
**Support costs allocated to other expenditure**
**Basis of allocation**
**7**
**Taxation**
The charity is a registered charity and is therefore exempt from taxation.
**8**
**Cash and cash equivalents**
**2023**
**£**
Cash at bank
57,958
**9**
**Reserves**
**Other reserves**
**£**
At 1 January 2023
(47,891)|**Total**
**costs**
**£**
**Total**
**2023**
**£**
**Total**
**2022**
**£**
**2023**
**£**
**2022**
**£**
**Total**
**funds**
**£**
**Total**
**funds**
**£**
**2022**
**£**
47,891|
|---|---|
||**Total**
**£**
(47,891)|
Page 17
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
|At 1 January 2022
**10 Funds**
**Balance at 1**
**January 2023**
**£**
**Unrestricted funds**
General
47,891
**Balance at 1**
**January 2022**
**£**
**Unrestricted funds**
General
44,347
**11 Analysis of net assets between funds**
Current assets
Current assets
**12 Analysis of net funds**
Cash at bank and in hand
Net debt|**Incoming**
**resources**
**£**
48,162
**Incoming**
**resources**
**£**
41,408|**Other reserves**
**£**
(44,347)
**Resources**
**expended**
**£**
(38,095)
**Resources**
**expended**
**£**
(37,864)
**Unrestricted**
**funds**
**General**
**£**
57,958
**Unrestricted**
**funds**
**General**
**£**
47,891
**At 1 January**
**2023**
**£**
47,891
47,891|**Total**
**£**
(44,347)|
|---|---|---|---|
||||**Balance at 31**
**December**
**2023**
**£**
57,958|
||||**Balance at 31**
**December**
**2022**
**£**
47,891|
||||**Total funds at**
**31 December**
**2023**
**£**
57,958|
||||**Total funds at**
**31 December**
**2022**
**£**
47,891|
||||**At 31**
**December**
**2023**
**£**
47,891
47,891|
Page 18
## **One Another Ministries**
## **Notes to the Financial Statements for the Year Ended 31 December 2023**
|Cash at bank and in hand
Net debt
**13 Related party transactions**|**At 1 January**
**2022**
**£**
44,348
44,348|**At 31**
**December**
**2022**
**£**
44,348|
|---|---|---|
|||44,348|
||||
Page 19
## **One Another Ministries**
## **Statement of Financial Activities by fund for the Year Ended 31 December 2023**
## **Unrestricted Funds**
|**Unrestricted Funds**|||
|---|---|---|
|**Income and Endowments from:**
Donations and legacies
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income
**Reconciliation of funds**
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2023**
**£**
48,162
48,162
-
(38,095)
(38,095)
10,067
10,067|**Total**
**Unrestricted**
**Funds**
**2022**
**£**
41,408|
|||41,408|
|||(1,100)
(36,764)|
|||(37,864)|
|||3,544|
|||3,544|
This page does not form part of the statutory financial statements. Page 20
## **One Another Ministries**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2023**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Total income
**Expenditure on:**
Raising funds (analysed below)
Charitable activities (analysed below)
Total expenditure
Net income
**Reconciliation of funds**
Total funds carried forward|**Total**
**2023**
**£**
48,162
48,162
-
(38,095)
(38,095)
10,067
10,067|**Total**
**2022**
**£**
41,408|
|---|---|---|
|||41,408|
|||(1,100)
(36,764)|
|||(37,864)|
|||3,544|
|||3,544|
This page does not form part of the statutory financial statements. Page 21
## **One Another Ministries**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2023**
|**_Donations and legacies_**
Donations Received
**_Raising funds_**
Meetings
**_Charitable activities_**
Ministry Center
Memberships
Subsidy
Website costs
Office supplies
Licences
Charity Donations
Supplies
Responsive Hospitality
Hospitality
Accountancy/Professional fees
Insurance|**Total**
**2023**
**£**
48,162
48,162
-
-
-
(125)
(9,715)
(739)
(9)
(519)
(25,000)
(116)
-
(148)
(1,452)
(272)
(38,095)|**Total**
**2022**
**£**
41,408|
|---|---|---|
|||41,408|
|||(1,100)|
|||(1,100)|
|||(104)
(265)
(9,715)
(720)
-
(40)
(25,000)
(26)
(153)
(61)
(492)
(188)|
|||(36,764)|
This page does not form part of the statutory financial statements. Page 22