CHARIS MINISTRIES REPORT OF THE TRUSTEES APRIL 1. 2023, TO MARCH 31, 2024 Charis Ministries {Charis} is a registered Charity (1154811) with the Charities Commission (England). (It was first registered in December 2013.) The Trustees hereby report that the work of Chari5 has continued without interruption, and it has been able to fulfil its objertives: To bring hope into lives and communities, and To encourage people in the Christian faith in the United Kingdom, and its operational countrie5 We continued to build and consolidate our relationships. and to work with existing partners in our operational countries (England, Pakistan. Rwanda, and madOn[a}. One mission trip to Rwanda Trustees was undertaken in the year. This included all three of the Trustees. The visit proved to be very fruitful, especially in the area of Government relationships. and to review possible school building projects as part of future activities. The Trustees continued to make extensive use of video conferencing in managing work programs, both among themselves and in our operational locations with our Local Country Representatives and their teams. In Pakistan: The Bright Future School in Kasur, near Lahore, continues to be a key educational project for us. Charis fully funds a free education for all children attending this school. This school started in 2017, to provide a basic education to children and youth in Kasur brick factory. In 2022 the school physically relocated into the local community. In 2023/2024 there were 51 {2022 - 45) pupils in this school, which is non-denominational. The pupils at the school previousty had no acSS to formal education. Our aim is to enable them to take and pass Government exams and thereby gain admission into both government and private schools. Charis also has an educational support (scholarship) program ("Passionate Hearw). The goal is to fully fund the education of children/youth of very low-income families. In the Yearthe were twelve beneficiaries in the program. including two in university. Charis continued its program forwidows in need, via our ZaPhath project. The primary purpose is financial assistance for medical needs. There are also regular group prayer and support meetings with the women in the progrdm. Most of the women are not employable due to age or disability. The projett began in 2019 and continues to make a meaningful difference to the health, and therefore the lives of these women. In 2023/2024 Charis assisted and sponsored three bible schools (52 students) in or nearthe Lahore metropolitsn area.
In RTrnda.. Charis continued its Health Support project {"Ubuzima"). in cooperation with the local government in the Sake sector, Ngoma District, Eastern Province. The goal of this project is to provide full aCSS for extremely poor families into the Rwanda health insurance program. Many families simply cannot afford to pay the annual insurance premium. In 2019 we began to fully fund enrolment in the Rwanda Government health Insuran scheme. For the 2023/24 year we supported 2,0 people including children (2022/23 was 1400). This has provided a major breakthrough for about 400 families. The Bright Future Nursery School at Gafunzo (Sake) started in late 2021. At the request of the Local Government, a second Bright Future Nursery School at Kibonde (Sake) was successfully started in May 2023. Both schools, which are fvlly funded by Charis. cater to the 3 to 6 years age group, focusing on Early Child Development {ECD}. The aim is to prepare the children for the Government primary school system which begins at age 7. Local government has been very proactive in its cooperation on this project and does provide the buildings for the schools to operate in. Pupil numbers for 2023/2024 was 156 children12022 - 44). In Macedonia, we maintained close relationships with the Evangelical Church of Madon13 and executives of two companies. from a prayer and mentoring perspective. The financial status of Charis strengthened during the year. Thi5 has been due to the efft)rts of the Trustees, and our financial supporters. Although donations were down by 23Yo as compared to the previous year, however. they were sufficient to cover expenditure level5. Expenditures were at a record high. please see the attached analysis. Charis is well positioned going forward to enhance and expand its projerts. especially for its educational and community support programs. The Trustees are responsible for keeping proper records which disclose with reasonable accuracy the financial position of the Charity and enable them to have reasonable satisfaction that the financial statements comply with acceptable accounting standards and the requirements of the Charities Commission. They are also responsible for safeguarding the Charity's assets and hence taking reasonable steps for the prevention and detectlon of fraud, and breaches of regulations. The Trustees believe they have satisfactorily managed the resources of the Charity in terms of time, finanos. and people. There were regular meetings of the Trustees and with the Local Representatives in our operational countries, to manage our activities in the best interest5 of the Charity and its aims. Keith Baptist, Trustee
CHARIS MINISTRIES EXPENDITURES REPORT FINANCIAL YEAR TO MARCH 312024 APRIL 12023 TO PaARCH 312024 VARIANCE PRIOR YEAR 12 MONTHS TO MARCH 312023 2024 VS 2023 (plus or minu51 % of Total Expenses % of Totsl Expenses PAKISTAN Funded Misslon Trip Missions Support Kasur school Education Scholarshlp progrdm Bible schools People Welfare support & gifts Communities support programs Zarephath Fund {Widows) Local coordinator Charis office support PAKisfAN -100 -294 -543 -169 699 774 -355 -134 -269 -391 2.280 1.629 L206 1514 2,022 818 1,438 100 2,574 2,172 1,375 815 1.248 1.173 1.572 1.129 0.4% 9.6% 8.1% 5.1% 3.1% 4.7% 4.4% 5.9% 4.2% 45.4% &1% 3% 5.4% 7.2% 5.1% 3.1% 41.8% IL766 RWANDA Funded Mission Trips Sake schools People Welfare support & gifts Communities support programs Health support program Local Cwrdinator 12,157 RWANDA 1.742 6,276 -2.031 3,774 3,668 14.1% 22.3% 0.4% L3% 18.4% 378 -255 1,163 165 1,759 633 4.020 2,054 2.4% .0% 7.7% 52.9% 2.219 56.5% UK 14.148 UK Accounting Admin costs Bank charges Websltelemail hosting 95 197 45 157 20 27 75 170 52 158 0.3% 0.6% 0.2% 0.6% 02% 494 39 455 TOTAL EXPENDITURES 28,166 100.0% 26,760 100.0% 5.3% Prepared by: KEITH BAPTIST, TRUSTEE
(HARITY COMMISSION FOR ENGiAND AND WALES 115181 ayments accounts Receipts and Forthg wlod CC16a APRiL 12023 To P•rfod end date IWCH 312024 Section A Receipts and payments Ltst y•ar A1 Recel $1 Sub total(GmssincLyng forAR) 41,784 (see tab1. Sub tolal 31.986 31.98$ 41,764 AdmiriwatlOEI tosts iIK UXTeam Mts&on vtslts off5kffe Missionssu .off5hwe 1.747 1.742 3.n Education schokrshlp pro8ram- oft5hore S5JPPOrt educatlon project chlldren-offsh People welFdre svpport- offsh¢Jre BSble sChO$- offshore Health 5VPPOrt ToJects. Off51MJ Offices COSt- offshore Lo£al Coordlftatm-affshore 3.868 1,375 (120 4113 *Jos 183 I,f29 3ts26 166 166 26.760 Sub total 4168 28.186 26.760 3,81 3.819 140 63.247 67,066 Cash funds this )wend 63247 67.066 63.247 CIJX Rlaccountsl 16fftnOZ4
Sectioi? B Stateimeiit of assets ar7d liabilities at tlie eiid of the period EndowmBnt funds C*ego 81 Cash funds 87.1x6 OK Details ton•M•rt£ D•tai18 Detsll• A¥••ts r•tsln•d forth• ehartty'a own u8• Ylh•n rtu• Detalls B5 U•blllll•• ioval LisrtrTr CC¢X R2 Ktounts ISSI 16rtJ912024
CHARITY COMMISSION FOR ENGLANO AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees Charis Minlstries UK On accounts for the year ended 31 March 2024 Charity no (if any) 115481 Set out on pages I report to the tTUStees on my examinatM)n of the lUnts of the above charity (Ihe Trusf) for the year ended Responsibilities and basis of report As the charitrfs trustees. are responsible for the pparatIOn of the accounts in accordan with the requiremerrts of the Charities Act 2011 (Ihe Acn. l in respect of my examination of the Trusfs accounts carried out under section 145 of the 2011 Ad and in rryIng out my examination. I have followed all the applicable DirectNJns given by the Charty Commission under section 145(5)(b) of the Act Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in (x)nnection with the examinalion which gives me cause to believe that in, any material spect. the accounting records were not kept in accordance with SelOn 130 of the Charities Act: or the accounts did not acco1 wrth the accounting records; or the accounts did not comply with the applicable requirements conmIng the fonn and content of accounts set out in the Charities (Accounts and RerK)rts} Regulattons 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter consKlered as part of an independent examination. I have no COnmS and have come &ross no other matters in connection with the examinatK)n to which attention should be drawn in this report in order to enable a proper understanding of the aowunls to be reathed. Signed: 16110124 Name: Mrs Kan Bumett Relevant professional qualification(s) or body (if any): Association of Accountng Technicians Address: 17 Stsnley Avenue Dagenham Es*x RM8 1JB IER Oct 2024