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2020-08-31-accounts

Charity Number 1156788

VISIBLE MINISTRIES

(Charitable Incorporated Organisation)

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020

VISIBLE MINISTRIES

FOR THE YEAR ENDED 31st AUGUST 2020

COMPANY INFORMATION

Board of Trustees

J Hancock (Chair) R Mckay-Smith V Horsfield L Round L Hutchinson R Leslie

Governing Document Constitution dated 10 January 2014

Charity Registration Number 1156788

Registered Office

Glenn House Houston Park MANCHESTER M50 2BP

Independent Examiner Gregory Webb CPA AIA GLW Management Services Ltd 6 Norwich Crescent Chadwell Heath ROMFORD ESSEX RM6 4UW

Bankers

Lloyds Bank

CONTENTS

Page
Company Information 1
Trustees Report 2-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Detailed Statement of Financial Activities with comparatives 9
Notes to the Accounts 10-13

1

VISIBLE MINISTRIES

Trustees' Report For the Year ended 31 August 2020

The Trustees present their report and accounts for the year ended 31 August 2020.

The accounts have been prepared in accordance with the Charities Act 2011, the Accounting & Reporting by Charities, and 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)” (as amended for accounting periods commencing from 1 January 2016).

Objectives and Activities

  1. To advance the education of the public, particularly, but not exclusively, in the area of Christianity and sexual health.

  2. The relief of persons who are in need, hardship or distress, in particular, but not exclusively, by the provision of counselling and support.

The majority of Visible Ministries activities are delivered through the flagship initiative the Naked Truth project, which seeks to 'open eyes and free lives from the damaging impact of pornography'. A team of communicators, educators, and professional therapists work nationally with churches, schools, and other agencies to provide awareness, education, and recovery programs to men, women and young people.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Public Benefit

In planning the activities of the charity, the trustees have given consideration to the guidance on public benefit issued by the Charity Commission, in particular to ensure that:

Financial Review Summary

Total income for the year ended 31 August 2020 was £294,662 (2019: £219,085). Total expenditure for the year ended 31 August 2020 was £237,680 (2019: £232,727).

Expenditure includes expenditure on restricted fund activity, and which is using the restricted funds carried forward from the previous financial year.

Cash balances are £138,465 at 31 August 2020 (2019: £58,270) Restricted fund balances are £14,655 at 31 August 2020 (2019: £27,859)

Reserves Policy

The Charity does not intend to accumulate significant reserves, and relies upon the ongoing support of its donors to meet future costs. The intention is to build unrestricted reserves to an amount equivalent to 3 months staff costs.

This level of reserves is designed to provide an orderly reduction in charity activity should income decline for any reason.

2

Overview of Activities:

Open Eyes

Through our flagship project Naked Truth we seek open eyes and free lives from the damaging impact of pornography. 'Open Eyes’ represents our aim to provide education and awareness initiatives and we have continued to achieve this through on going schools work, conferences and creative content. 'Free Lives’ represent our recovery programmes, where we aim to provide provide professional and accessible support to those impacted by the porn use.

It was a year of 2 halves, with Covid impacting our team and goals for the second half of the year.

Open Eyes (Awareness and Education)

Four of the the core staff were furloughed and we paused the sessional work of other team from April until September, these staff members were key to the development and delivery of our education and awareness projects. However prior to April in this period we:

Free Lives (Recovery and Support)

Covid and Lockdown actually saw an increase in enquiries and sign ups to our recovery and support programmes. The recovery team were not furloughed and continued to work throughout this whole period.

Free Lives

3

The increase in subscriptions for WholeHearted and WholeLife plus the significant take up of one to one sessions during lockdown has shown a significant increase in Free Lives income.

Future Plans

In 2020/21 Visible intends to continue its focus in the areas of awareness, education and recovery through our flagship project, Naked Truth.

Additional Comments

In Jan 2020, Junction Church was closed down as an active project. The project leaders decided to allocate restricted funds to Compassion UK to support to build classroom in Thailand, Harpurhey Community Church (HCC) for community projects and a lunch programme at Holy Trinity School in Harpurhey for pupil’s of families with no recourse to public funds.

In March 2020, the Trustees of the charity MediaWatch UK approached Visible, as they were winding down and wanted to allocate their assets to the on going education and awareness work of Naked Truth. This significant income of nearly just under £60k was a timely and generous contribution to the work, and as Trustees we hope to continue MediaWatch’s legacy of educating and protecting young people from explicit adult content.

Structure, governance and management

Visible Ministries is a Charitable Incorporated Association (CIO). The Charity is governed by the Trustees listed on page 1. New Trustees are appointed by the existing Board of Trustees on the basis of their expertise and involvement in futhering the mission and vision of the Charity. The Board of Trustees has a variety of experience including Christian Ministry, fundraising, education, publishing, and commercial business skills. The Board is accountable to the Charity Commission for the careful use of charitable and other public funds, and for the achievement of appropriate performance standards in service delivery. The Board of Trustees meets at least quarterly to oversee the vision & strategies of the Charity.

4

With the growth of activities of the charity, an increasing level of expertise is required on a day-to-day basis and an established management process is in place that is capable of running the affirs of the Charity. The Charity's manager (CEO) is appointed by the Board of Trustees, and is in charge of the dayto-day management of the charity. The CEO is accountable to the Trustees.

The Trustees remain committed to advancing the Christian faith , education in the areas of Christianity & sexual health, and the relief of persons in need, particularly through the provision of couselling & support.

Trustees Responsibilities

The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

On Behalf of the Trustees

J Hancock

Date: 28th April 2021 J Hancock

5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

VISIBLE MINISTRIES

I report on the accounts of the charity for the year ended 31 August 2020 set out on pages 7 to 9 inclusive, which have been prepared on the basis of the accounting policies on pages 10 to 13 inclusive

Respective responsibilities of Trustee & Examiner

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the CIO'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

Since the CIO's gross income exceeded GBP 250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am member of the Association of International Accountants (AIA), which is one of the listed bodies.

GLW Management Services Ltd also provides bookkeeping & payroll services to the CIO. I can confirm that as a member of the Certified Practising Accountants (CPA) & Association of International Accountants (AIA) I am subject to the FRC's Revised Ethical Standards 2016, which I have applied in respect to this engagement.

Based on my examination, no matter has come to my attention which gives me reasonable casuse to believe that in any material respect, accounting records have not been kept in accordance with section 130 of the 2011 Act, or that the accounts presented do not accord with those records, or the accounts do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008, other than any requirement that the accounts give a 'true anf fair view', which is not a matter considered as part of an independent examination.

I have no concerns and have across no other matters in connection with my examination to which attention should be drawn in this report, in order to enable a proper understanding of the accounts to be reached.

Gregory Webb 29th April 2021 Certified Practising Accountant (CPA), AIA

For and on behalf of: GLW Management Services Ltd 6 Norwich Crescent Chadwell Heath ROMFORD RM6 4UW

6

VISIBLE MINISTRIES

Statement of Financial Activities

FOR THE YEAR ENDED 31st AUGUST 2020

Summary Income and Expenditure Account

Note
INCOME AND ENDOWMENTS FROM
General Donations & Legacies
2
Charitable Activities
2
Investment income
Total income
EXPENDITURE ON
Charitable activities
3
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2020
2019
£
£
£
£
180,733
11,618
192,352
172,603
102,294
-
102,294
46,479
14
3
17
3
283,041
11,621
294,662
219,085
220,880
16,800
237,680
232,726
220,880
16,800
237,680
232,726
62,161
(5,179)
56,982
(13,641)
8,024
(8,024)
-
-
70,185
(13,203)
56,982
(13,641)
70,185
(13,203)
56,982
(13,641)
30,523
27,859
58,381
72,023
100,708
14,656
115,364
58,381

Movements on reserves and all recognised gains and losses are shown above.

The notes on page 10-13 form part of these accounts.

7

VISIBLE MINISTRIES

BALANCE SHEET

FOR THE YEAR ENDED 31st AUGUST 2020

Note
CURRENT ASSETS
Debtors
5
Cash at bank
6
CURRENT LIABILITIES
Liabilities falling due within one year
7
Net Current Assets
NET ASSETS
FUND BALANCES
Unrestricted funds
8
General Funds
Restricted Funds
8		 Unrestricted
Restricted
Total funds
Total funds
Funds
Funds
2020
2019
£
£
£
£
4,563
-
4,563
1,111
123,809
14,656
138,465
58,270
128,372
14,656
143,028
59,381
27,665
-
27,665
1,000
100,708
14,656
115,364
58,381
100,708
14,656
115,364
58,381
100,708
100,708
30,522
14,656
14,656
27,859
100,708
14,656
115,364
58,381

Approved by the Trustees and signed on their behalf on the 28th April 2021 by:

R Leslie

R Leslie

J Hancock

J Hancock

The notes on page 10-13 form part of these accounts.

8

VISIBLE MINISTRIES

Detailed Statement of Financial Activities with Comparatives

FOR THE YEAR ENDED 31st AUGUST 2020

Note
INCOME FROM
General donations
2
Charitable activities
2
Investment income
Total income
EXPENDITURE ON
Charitable activities
3
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Total
Total
Funds
Funds
2020
2019
2020
2019
2020
2019
£
£
£
£
£
£
180,733
140,404
11,618
32,199
192,352
172,603
102,294
46,478
-
-
102,294
46,478
14
3
3
17
3
Unrestricted Funds - General
Restricted Funds
283,041
186,885
11,621
32,199
294,662
219,084
220,880
200,351
16,800
32,375
237,680
232,726
220,880
200,351
16,800
32,375
237,680
232,726
62,161
(13,466)
5,179
-
176
-
56,982
(13,641)
8,024
0
(8,024)
0
-
-
70,185
(13,466)
(13,203)
(176)
56,982
(13,641)
70,185
(13,466)
(13,203)
(176)
56,982
(13,641)
30,523
40,767
27,859
31,256
58,381
72,023
100,708
27,301
14,656
31,080
115,364
58,381

Movements on reserves and all recognised gains and losses are shown above.

9

VISIBLE MINISTRIES

Notes to the Accounts

FOR THE YEAR ENDED 31st AUGUST 2020

1 Accounting Policies

a)
b)
c)
d)
e)
f)		 Donated and grant income:
Other income and expenditure:
Funds:
Fixed assets and depreciation:
Depreciation periods are as follows:
Office Equipment
4 years
Computer equipment
4 years
Pension costs:
Taxation
Unrestricted funds are donations and other income received or generated for the objects of the charity without specified purpose and
are available for purposes as directed by the trustees. Restricted funds are amounts received where the donor has specified the
purpose for which it should be used.
Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than
£500 when they are written off on purchase.
The company operates a defined contribution scheme for those employees who are eligible for auto-enrolment. Pension premiums
are charged as they fall due.
The accounts have been prepared under the historic cost convention, in accordance with applicable accounting standards and follow
the FRS 102 Statement of Recommended Practice: Accounting by Charities 2015. The following are the accounting policies which
have been applied in dealing with material items:-
Donated income and grants receivable are taken into account when received by the charity. Income received in circumstances where
a claim for repayment of tax has been or will be made to HM Revenue & Customs is grossed up for the tax recoverable. Any amount
of tax reclaimed from HM Revenue & Customs but not yet received is shown within the charity's debtors.
Investment income is taken into account when receivable and expenditure, including irrecoverable VAT, when incurred by the charity,
regardless of when payment is made. Grants payable are taken into account at the earlier of when they are paid or become
constructive obligations.

The charity is a registered charity and is exempt from taxation under the Income & Corporation Taxes Acts. g) Cashflow statement The company has taken advantage of the exemption provided by the FRS 102 SORP and has not prepared a Cash Flow Statement for the year.

10

VISIBLE MINISTRIES

Notes to the Accounts

FOR THE YEAR ENDED 31st AUGUST 2020

2
Voluntary income
Gifts - Individuals
Gifts - Churches
Gifts - Businesses
Trust & Grant funding
Gifts - Junction Church
Tax refund
Income from Charitable Activities
Free Lives - Recovery
Speaking fees and Honorariums
Resource sales
Income - School sessions
JRS - HMRC
Other income
3
Charitable activity
a
Direct Charitable Costs
Project staff costs
Freelance and external consultancy
Project delivery costs
Cost of resource sales
Web Design & IT Software
Junction Church costs
b
Support & Administration
Staff costs
Rent and rates
Office, computer, phones, & admin
costs
Travel and subsistence
Legal and professional fees
Marketing and promotions
Governance costs
Insurance
Tithes
Bookkeeping
Other
Combined charitable activity cost		 Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
49,825
-
49,825
55,060
7,200
7,200
4,491
36,197
36,197
22,000
81,300
9,000
90,300
72,102
2,618
2,618
13,064
6,212
6,212
5,886
180,733
11,618
192,352
172,603
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
-
-
66,658
66,658
28,646
2,363
2,363
6,666
1,565
1,565
1,827
5,843
5,843
5,534
19,074
19,074
-
6,790
6,790
3,805
102,294
-
102,294
46,478
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
69,853
69,853
90,570
42,212
8,885
51,097
9,832
3,339
3,339
22,197
912
912
6,013
5,814
5,814
2,199
7,915
7,915
-
122,131
16,800
138,931
130,811
£
£
£
£
50,585
50,585
49,235
15,000
15,000
11,200
2,178
2,178
9,274
9,104
9,104
10,075
-
-
35
430
430
1,486
1,100
1,100
1,000
1,302
1,302
1,290
11,490
11,490
15,512
3,654
3,654
2,722
3,905
3,905
87
98,749
0
98,749
101,916
220,880
16,800
237,680
232,727

The amount paid to GLW Management Services Ltd (2019: GLW Management Services Ltd) to prepare the accounts and conduct the independent examination of the accounts for year ending August 31st 2020 was £1,100 (2019: £1,000).

11

VISIBLE MINISTRIES

Notes to the Accounts

FOR THE YEAR ENDED 31st AUGUST 2020

4 Staff & Trustees

Trustees
Gross wages, salaries & benefits in kind
Employer's National Insurance costs
Pension costs
Staff Training
Total staff costs		 2020
2019
£
£
107,733
123,023
6,480
8,477
5,092
5,980
1,134
2,325
120,438
139,805

The charity has 4.5 (2019: 4.5) full time equivalent employed staff. Many of its activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

No Trustee received reimbursed expenses in connection with their role as Trustee.

5
Debtors and Prepayments
Trade Debtors
Other Debtors
6
Cash at Bank and in Hand
Bank operating accounts
7
Creditors: liabilities falling due within one year
Accruals
Deferred Income
Other creditors		 2020
2019
479
970
4,085
141
4,563
1,111
138,465
58,270
138,465
58,270
1,700
1,000
25,000
-
965
-
27,665
1,000

12

VISIBLE MINISTRIES

Notes to the Accounts

FOR THE YEAR ENDED 31st AUGUST 2020

8 Funds

Restricted Funds
Bursary
Junction Church
General Funds		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the year
balance
£
£
£
£
£
14,795
9,003
8,885
(257)
14,656
13,064
2,618
7,915
(7,767)
-
27,859
11,621
16,800
(8,024)
14,656
30,523
283,041
220,880
8,024
100,708
58,382
294,662
237,680
-
115,364

The assets and liabilities represented by the various funds are as follows:

Restricted funds
Unrestricted funds		 Fixed
Bank & cash
Other net
Total
assets
balances
assets
£
£
£
£
-
14,656
14,656
-
123,809
(23,101)
100,708
0
138,465
(23,101)
115,364

Purpose of Restricted Funds Bursary Junction Church

Bursary Funding to subsidise the clinical fees for individuals who have been referred for therapy. Funding to pilot a new church plant in Manchester.

The Trustees decided to close this project & distribute funds to 3 separate projects.

13