ARAB VISION Annual Report and Accounts for the year ended 31 December 2023 INDEX Pa8e Report of the Trustees Independent Examlner's report Statement of financial activities Balance sheet Notes to the financial statements
REPORT OF ThE TRUSTEES ReferEnig admlnlstratlve deta115, Tru5teE5 and Adv15ers Charity's name.. Arab Vision Charity's number.. 1154993 Principal address.. 405 Belchers Lane Birmlngham B9 5SY previouslv 23 Mill Lane Saffron Walden Essex CBIO 2AS Trustees- lan Sutherland (resigned 8 January 20241 Rosemarie 5trengholt Matthew Vau8han Helen Lee lappointed 8 january 20241 Principal professional adviser5'. Bankers.. Uoyds Bank PIC 3 King Street Saffron Walden Essex CBIO IHF Independent Examiner.. Ruth Nott 31 St Dunstan'5 Rd BS3 5NZ siruaure. governance and managemenr Arab Vision ICharity"I was established by trust deed on 30 August 2013. The Trustees meet as required. The minimum number of Trustee5 15 three but there is no maximum. All TTUStees must subscribe and adhere to, in belief and lifestyle, the Statement of beliets. Trustees are appointed by e $imple rnajority at a properly coftvened meetin8 of the Trustees. Statement of Trustees, responslbilities The Trustees are responsible for preparing the Trustees, annual rèport and financial statements tn accordance wlth applicable law and United Kingdom accounting statements. The law applicable to charities in England and Wale5 require5 the Tru5tee5 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources olthe Charity during the vear then ended.
REPORT OF THE TRUSTEES (contlnued) In preparin8 those financial statements, the Trustees should follow best practice and are required to- select suitable accounting policies and then apply them consistentlv observe the rnethod5 and principles in the Charities SORP make judgements and estimates that are reasonable and prudent • State whether applicable accounting standard5 and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements prepare the financial staternents on a going concern basis unless it is inappropriate to assume that the charity will continue its actiwties The Trustees are re5pon5ible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with.. • the Charities Act 2011 the Statement of Recommended Practice"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the United Kingdom and Republic of Ireland IFR51021 issued in October 2019 Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021 the ¢harity'S Trust Deed They are also responsible for safeguarding the asseis of the charity and hÈnee for taking reasonablè steps towards the prevention and detection of fraud and other regularities. OblectJ¥es and artl¥ltles Arab Vision'5 objectives are to advance the Christian religion amongst the Arabic people, throu8h the prodLtction of television programmes and other media messages of an evangelistic and teaching nature. Rlsk management As the charity has no employees, property or clients and does not provide advice or service5, the Trustees do not foresee any risks other than the synchronous death of all Trustees or the possibility of fraud by any of the Trustees. since Trustees may not indemnify themselve5 against damages fof fraud or negli8ence thev see no need to safeguard against this risk. The Trustees are well aware, apart from meeting Arab Vision's own operatlng costs, they are chooslng to deploy funds at their disposal in a region of the world characterised by social, economic and political instability. They accept that these factors brlng to the work of Arab Vision an inescapable element of risk of loss of resources whith is managed throu8h active relationships with those involved.
REPORT OF THE TRUSTEES {continuedJ Publli bEnEfit Arab Vision's ministry benefits Arabic people wlshing to explore the Christian message, both in the Arab World and further afield, through media communications and personal conversations. They are provided freely without obligation or cost. Television programmes are made available to a number of satellite broadcasters and also on Youtube and other forms of social media. They are made available without any form of detriment to viewers, personal circumstances. The aim of all attlviiies Is to inform and to engage the viewer about the Christian religion consistent with Arab Vision's objectives. The Trustees have referred to the Charity Commission's general EIJIdan on Public Benefit when reviewing the aims and objectives and In planning future activities. In particular. the Trustees In particular, the Trustees consider how planned artivities will contribute to the the aims and objective5 objectives they have set. All activities recorded above therefore reflect the Trustees, desire to follow the aims of Alab Vision and to meet the re9uirements of 8ene¥al Public 8enefit. A¢hle¥ements and performance The gifts towards the pro8Tammes come largely from individuals and other charities. We are encouraged by the individuals who consistently support Arab Vlslon's work. We are also grateful to the Churches and Trusts which have regularly 5UPPOrted us. Finanaal review During the year income totalled £31,74812022'. £32.9301 and expenditure totalled £34,93012022.' £38,536) re5uI(Ing In nel ouigoing resources of t3,18212Uk2'. ouigoing resources £S,bUbl. The Trustees have revlewed thelr reserves pollcy and, havinE Teeard to the normal level of income and expenditure, Ihe level of reserves should be not less than £1,500. At 31 December 2023. the reserves were £7.15112022-. £10,333) Future plans The TTilStees will continue to promote the work of Arab Vision through churches, personal contacts and other or8anisations to raise funds and prayer support for future programmes. The report was approved by the Trustees on 2024 and was signed on thelr behalf bv-. Trustee
INDEPENDENT EXAMINER'S REPORT Responslbllltles and basls of report I report to the Trustees on my examination of the attounts of Arab Vision I'the Charity'l for the year ènded 31 December 2023, as set out on pages 6 to 12 As the Charity's Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act") I report in respect of my examination of the Trust's accounts carried out unde¥ section 145 of the Act and in carrying my examination, I have followed all the applicable Directions given by the Charity Comrnisston under sectiQ47 145151 Ibl of the Art. Independent Examiner's statemènt I have completed my examination. I confirm that no material matters have come to my attention in connertion wilh the examination which gives me cause to believe that in any material respect.. the accountin8 records were not kept in accordance with section 130 of the Act,. or the accounts do not accord with the accounting ¥ecords.' or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair view, which is not a matter considered as part of an independent exarnination. I have no concerns and have come across no matters in connertion with the examination to which aitention should be drawn in this repo¥t in order to enable a proper understanding of the accounts to be reached. Ruth Nott 31 St Dunstan's Road Bristol BS3 5NZ
srATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted 2023 2022 Note Fund5 Fund$ Total Total IncomlnB resour5 Donations and le8acies 31,748 31,748 32,930 Total Incoming resources 31,748 31,748 32,930 Resources expended Charitable activities Support costs 32,500 2.430 32,5 2,430 36,500 2,036 Total resources expended 34,930 34.930 38,536 Net incomingllout8oin81 resources 13,1821 13,1821 15.6061 Balances brought forward at l January 2023 10,333 10,333 15,939 Balartte carried fonvard at 31 December 2023 7,151 7,151 10,333 The accompanying notes on pages 8 to 12 are an inte8¥al part of these financial statements.
BAiANCE SHEET 2023 2022 Current assets Debiors Cash at bank and in hand 228 6,923 1,495 9.194 7.151 10.689 Creditors: amounts falling due within one year Creditors 13561 Net a55etS 7,151 10,333 Represented bv: Unrestricted funds 7,151 10,333 Total charfty funds 7.151 10,333 The accompanying notes on pages 8 to 12 are an integral part of these financial statements. The Trustees acknowledge their responsibilty for ensuring the charity keeps proper accounting records in actordance with ttrie requirernents of the Charities Act 2011, as more fully set out in the"Statement of Trustees, responsibilitie5" in the Tru5tees' Report. The financial statements on pages 6 to 12 were approved by the Trustees on 2024 Trustee
NOTES TO THE FINANaAL STATEMENTS l AccouNfiNG POLICIES A¢counting conventSon The financial statements are prepared on a going concern basis, under the historical cost convention with iterns recognised at cost or transaction value unless otherwise stated in the notes to these a¢¢ounts. The accounts have been prepared tn accordance with the Statement of Recommended Practice.. Accountin8 and Reportin8 by Charities preparinB their accounis in accordan with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021 issued in Ortober 2019, with the Financial Reporting standard applicable in the United Kingdom and Republic of Ireland IFRS1021 and with the Charitie5 Act 2011. The charity constitutes a public benefit entity as defined by FRSIO2. The financlal statements rnclude all transactions, assets and liabilities for whlch thè Trustees are responsible in law. Incomlng resources Voluntary income include5 donations, 8ifts and grants from other trusts and is reco8ni5ed in the Statement of Financial Artivilie5 ISOFAI when the charity becomes entltled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with stsffi¢ient reliability. Grants and donations are only recognised in the SOFA when the general incorne recognition criteria are met.15.10 to 5.12 FRS102 SORPI. Legacies are included in the SOFA when rÈteipt is probable, that is. when there has been grant of probate. the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Gift aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid arnount recovered on a donation is considered to be part of that 1ft. is recognised at the same tirne as underlying donation and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS102 SORP or FRSIO2. Resources expended All expenditure is taken into account on an accruals basis in accordance with normal accounting principles. Support C05t5 are the costs of printing and distributir)B a newsletter up to four times a year, travel costs to visit our production team in the Middle East, postage, bank charges and rneeting expenses.
NOTES TO THE FINANCIAL STATEMENTS (contlnued) Resources expended fc0nt1ntdJ Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. No resources were expended on governance costs in 202312022.. nlll. When governance costs are incurred they are disclosed separately in the accounts. Liabilitles are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable accuracy. Oebtor5 Debtors are measured on initial recognilion at settlement amount after any trade dlscounts or amount advanced by the charity. Subsequently. they are measured at the cash or other consideration expected to be received. Funds The unrestricted funds are not the subject of any restrictions regarding their use and are available for the purposes of the charity, as set out bn its governing document. From time to tlme the charity receives restricted gifts. usually in response to a specific appeal. It is the policy of the Trustees to monitor carefully the application of the funds in accordance with the restrictions placed upon them. Taxatlon The chaiity is exempt from income and corporation tax to the extent that its income is applicable to charitable purposes only. Value Added Tax is not recoverable by the charity and. when incurred. is included in the relevant costs in the Statement of Financial Activities. Cash at bank and In hand Cash at bank and in hand is held to meet short-term cash commitments as they fall due rather than for investment purposes and indudes all cash equivalent5 held in the form of short-term highly liquid investments. Cash equivalents are short-term, highly liquid investment5 that are readily convertible to known arnounts of tash and that are subject to an insignificant risk of changes in value. A cash equivalent will normally have a short maturity of, say, three months or less from the date of acquisition. NOTES TO THE FINANCIAL STATEMENTS (contlnuedj 2 INCOMING RESOURCES UnstrICted Funds Restrlcted Funds 2023 Total 2022 Total Voluntary income.. Gifts from individuals Gifts from churches Grants from other Trusts Gift Aid 11,700 1Afi 11.7Cx) 1AA 15.620 1An 18,525 1,337 18,525 1.337 15,750 1.380 Total incomlng fesouros 31.748 31,748 32.930
3 RESOURCES EXPENDED lal ChaT5talJle actlvltles fjrants awarded.. Easter programme Kalameros SarahlLellah Christmas programme New equipment "Who do you say that l am "The journey" AS-5iwei Libyan programme 7,500 3,000 8,000 6,000 7.500 io,oc() 10,000 6.500 10,000 32,500 32,500 36,5 bl Support costs Regular newsletters Subscription Bank charges Travel expenses Miscellaneous 1.004 185 30 1,109 102 1,004 185 30 1,109 102 1,049 185 45 727 30 2,430 2,430 2,036 Total resources expènded 34.930
NOTES TO THE FINANCIAL sfATEMENTS Icontinuedj 4 STAFF COSTS AND EMOLUMENTS The charity had employee5 during the year12022'. nill. 5 TRUSTEES REMUNERATION No remuneration was paid to the Trustees durlng the year12022'. nill. Travel expensès of £1,109 were reimbursed to two Trustees12022.' one Trustee £7271 fj INDEPEf4DEtir EXAMINER'5 REMUNERATION The Independent Examiner received no remuneration for the Indepefidènt Examination or other services during the year12022: nill. 7 RELATED PARTY TRANSAcfioNS Donations totalling £6200 were ¥eceived from trustees and other related parties during this year. 12022.. £62001. No related party transactions occurred in the year other than disc105ed above or elsewhere in the financial statements. 2023 2022 8 DEBTOAS Gift Aid 228 1.495 9 cREDORs Sundry ¢reditor 356 9 FUNDS- MOVEMENTS IN THEYEAR Unrestritted Funds Restricted Funds Total Balance at l JanuaTV 2023 Incomin8 resource5 Resources expended 10,333 31,748 134.9301 10,333 31,748 134,9301 Balance at 31 December 2023 7,151 7,151 Balance at l January 2022 Incoming resources Resources expended 15,939 32,930 138.5361 15,939 32,930 138,5361 Balance at 31 December 2022 10,333 10,333
NOTES TO THE FINANCIAL sfATEMEp¥fs (continuedj 10 AP4ALY$15 OF NET ASSETS SY FUND unStrICted Funds Restricted Funds 2023 Total 2022 Totsl Debtors Cash at bank and in hand ireditors 228 6.923 228 6,923 1,495 9,194 13561 7,151 7,151 10,333