2024-12-31-accounts

CHARIS MINISTRIES REPORT OF THE TRUSTEES APRIL 1. 2024. TO DECEMBER 31. 2024 Charis Ministries (Charisl is a registered Charity (1154811) with the Charities Commission (England). (It was first ￿gistered in December 2013.) The Trustees hereby report that the work of Charis has continued without interruption, and it has been able to fulfil its objettives: To bring hope into lives and communities, and To encourage people in the Christian faith in the United Kingdom. and its opeTrtional countries We continued to build and consolidate our ￿lationShIps. and to work with existing partners in our operational countries (England, Pakistan. Rwanda, and ma￿dOn13). There was no mission trip travel to our offshore project locations by the Trustees in the reporting period. However, 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 thi5 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 2024 there were 70 pupils {2023- 51) in this school, which is non-denominational. The pupils at the school previously had no access to formal education. Our aim is to enable them to tske and pass Government exams and thereby gain admission into both government and pri￿te schools. Charis also has an educational support {scholarship) program {"Passionate Hearv). The goal is to fully fund the education of childrenlyouth of very low-income families. In 2024 there were 19 beneficiaries (2023 - 12) in this program, including two in unNersity. Charis continued its program for widows in need. via our Zarephath project. The primary purpose is financial assIstsn￿ for medical needs. There are also regular group prayer and support meetings with the women in the program. Most of the women are not employable due to age or disability. The project began in 2019 and continues to make a meaningful difference to the health. and therefore the lives of these women. In 2024 Charis assisted and sponsored a bible school and 3 study/Sunday school groups in or nearthe Lahore metropolitan area. In Rwanda: Charis continued its Health Support project (Wbuzima"). in cooperation with the local government in the Sake sertor, Ngoma District, Eastem Province. The goal of this project is to provide full access for eXt￿rnety poor families into the Rwanda health Insuran￿ 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 2024/25 year (June to May) we supported 2.345 people including children {2023124 was 2CM)O). This has provided a major breakthrough for about 5CM) families. The Bright Future ECD School at Gafunzo {Sake) stsrted in late 2020 with twenty children attending. At the request of the Local Government, a second Br￿t Future ECD School at Kibonde (Sake) was successfvlly started in May 2023. Both schools, which are fully 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 at the two schools for 2024 was 2(K) children (2023 156}. Both Bright Future schools host Christian "Sundaf schools for the children with about 150 children regularly attending. Charis fully funded an improvement in the physical faalities at the Kibonde ECD school with a project to build two new classrooms. The school now has three classrooms and now provides a much enhan￿d environment for the children. There is a similar plan in 2025 for the school at Gafunzo. In Macedonia, we maintained close relationships with the Evangelical Church of Macedonia and executives of two companies. from a prayer and mentoring perspettive. The financFal status of Charis Ministries strengthened during the year. This has been due to the efforts of the Trustees, and our financial supporters. In addition, Oculatus Philanthropies. a Charity based in Washington State. USA. began to support our work in Rwanda. Donations were up by about 2QX)% as cornpa￿d to the previous year. Expenditures were at a record high, up about 25%, compared to the previous year (please see the attached analysis}. Charis is well positioned financially to enhan￿ and expand its projects, especially for its educational and community support programs. The Trustees are responsible for keeplng proper records which di5dose 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 Charl￿S assets and hence taking reasonable steps for the prevention and detection of fraud. and breaches of regulations. The Trustees believe they have satisfactorily managed the resources of the Charity in terms of time, finan￿S, 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 interests of the Charity and its aims. Keith Baptist, Trustee

CHARITY COMMISSION FOR ENGiAND ANO WALES CHARIS MINISTRIES UK Receipts and 115481 yments accounts CC16a For th? ￿ri1)d Period start dats AP￿L 1 2￿24 To Period end date DECEKIBER 31 2024 Section A Receipts and payments Unrestricted funds This yaar 9 mont Endowment funds Total funds Last year months 12 ttsthe ngar••t£ A1 R8C8i Donatbns ￿eNe Sub total(Gross income forAR) A2 A88et and Investment sal95, { table). 31.980 Sub total Total Trcelpts 31,98S Mlssion vi51ts offshore Misslons S rt- offshore Edtscation scholarshlp pro - offshore ECD educatlon prolett children- oftshore School buildin Heakh support projects- Offshtsre Community/peo le weff3￿ sup rt- offshore 81ble schools- offsho Local CcM)rdlnation- offsho Adminisration costs Offshore Adminisration costs UK 1,742 298 1.484 8,121 8,760 4.671 4.547 2316 3.071 1.629 8.760 4.671 4.S47 2,316 3.071 S,183 494 28.168 Sub total labie Sub total 3S.439 4439 28.166 Netof kvwptsI(payn￿tsj 63A25 63￿25 3019 A6 Cash funds last year 8nd 67.lJ66 130WD 63,247 130.5 CCXX Rl accounts ISSI 2210512025

Section B Statement of assets and liabilities at the end of the period Cat&gories l)etsils funds funds to n•aro8t£ b) nb•r•stÉ B1 Cash funds NKpLcouNfs 130.590 Total cash funds 130PJO s)) Dètss15 to n￿r•￿tE B2 Other monetary assets Details FuTrJ tr which ¢09t{opfknn￿Tr Current value B3 Investment assets Details FuThJ totAch cr￿ lopthxba B4 Assets retslned for tho charl￿8 own use FuEhJ tr>*fftlch Amwntdu• Vlhen duo Details 85 Llabilities SvJn&Y by cmeor Intstses on lehalfof￿ &gnalu Print Name Date of roval l<k-i1rf 84f li c(￿x R2 accounts1551 2210512025

CHARIS IAINISTrIES TRWdTEES REPORT FIIIANCIAL ryEAf ENDED DECEMBER 31 2024 FIMANCIAL YEAR NINE IAOlnHS APRIL 1 2024 TO DECEMBEIi 31 2024 PRIOR YEAR 12 MONTHS INCOMING DONATIONS Donations GiftAkl 98364 31.985 31,985 % of Totsl Expenses % of Totsl Expenses EXPENDrruRES Funded Mission Trip Missions Support Kasur sthool Education Scholarshlp progrnm Blble sthools Peo le Welfare supwt & gifts Communities support rograms Zarephath Fund (Widows) Local coordinator Charis offke support PAKISTAN 2,525 1355 2316 1.719 IA78 412 1374 7.1% 2,280 1.629 1,206 1514 2022 818 1,438 860 11.766 8.1% 5.8% 4.3% 5.4% 7.2% 6.5% 3% L2% 5.1% 3.1% 41.8% 2.5% 352% Funded Mission Trfps Sake schoo School buildlng Education Scholarshlp proyam Communitles support rams Peo le Welfare 5UPI)ort & gifts Health support rogram Lo¢al ¢oordlnator Administration RWANDA 1,742 6.276 6.2% 22.3% 8,760 5,595 24.7% 0.4% 209 329 4.671 1.697 624 0.4% 1.3% 18.4% 7.9% 0.6% 2% 378 5,183 2,219 22J)16 62.1% 15,906 56.5% MACEDONIA Accounti Admlnistration Bank tharges Websitelemail hostin8 UK 95 327 137 106 95 197 45 157 494 0.3% 0.7% 0.2% 0.6% 1.8% 0.4% TOTAL EXPENDtniRES 35A39 loo.￿ 28.166 loo% INCOME SURPLUS I DEFECIT d￿ck 63525 3￿19 OPENING BANK BALANCES CLOSING BANK BAiANCES 67,066 APRIL 12024 130591 SEPT 30 Z024 63247 APRIL 12023 67JJ66 MARCH 312024 CASH MOVEMENT INCREASE 63￿25 3*19 INCREASE Prepared by. KEITH BAIryIST, TRUStEE Note: Charfs Ministries has changed its Flnancial Year to match up with the Calendar Year

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees	Charis Ministries UK
On accounts for the year	For the nine months ended 31/12/2024 Charity no 115481
ended	(if any)
Set out on pages	1-2
	I report to the trustees on my examination of the accounts of the above
	charity (“the Trust”) for the nine months ended31 / 12 / 2024.
Responsibilities and	As the charity's trustees, you are responsible for the preparation of the
basis of report	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 2011 Act and in carrying out my examination, I
	have followed all the 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 which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did 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 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.

Signed:[K.Burnett ]

Date: 13/04/2025

Name: Karen Burnett Relevant professional Association of Accounting Technicians qualification(s) or body (if any): Address: 17 Stanley Avenue Dagenham Essex RM8 1JB

Oct 2018

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