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2022-12-31-accounts

Hayat Ministries

End of Year Report and Accounts Year ending 31[st] December 2022

Charity Information

Trustees: Tanas Alqassis Nigel Nicholson (Chairman) David Taylor New trustees are appointed by the existing trustees. Governing Document: “Foundation” Model Constitution Charity Registration Number: 1157140 Registered Office: 46 Ravenswood Crescent Harrow HA2 9JN Bankers: HSBC Objects

The objects of the CIO are:

  1. To relieve poverty and sickness thereby demonstrating the Christian faith in particular but not exclusively by providing, assisting or working through selected partner organisations in the provision of education, training, healthcare projects and support designed to enable individuals to generate a sustainable income.

  2. To advance the Christian faith for the benefit of the public through:

  3. a. The training and encouragement of Christians in practical methods of sharing their faith through lectures, seminars, and individual tuition.

  4. b. To encourage Christians to grow in their faith through the holding of Bible studies, lectures, seminars, and individual tuition.

  5. c. The production and distribution/broadcast of messages of an evangelistic and teaching nature.

Aims and Objectives

The two foundational principles of Hayat Ministries are that the Christian Faith itself brings immediate benefits to its followers but also that there is a requirement for Christians to demonstrate their faith in practical ways - “By their fruits you will know them” as the Bible puts it.

The long-term aims are therefore to work with organisations in poorer countries which are actively demonstrating their faith through practical work amongst the poor and oppressed, whilst also building the Church through the usual means of teaching and preaching etc. These organisations can often best be helped by the provision of much needed funds and a primary function of Hayat Ministries is to be a channel for such funds from the UK to the projects where they are needed. An example of this is the child sponsorship programme.

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Activities in 2022

Leaving aside regular donations, one-off donations from both individuals and organisations dropped considerably in 2022 compared to 2021. Presumably this is because people respond to the needs presented in the media with the war in Ukraine eclipsing other areas of need. To be fair the Life Center did benefit from the same effect in 2020 with the explosion at the port in Beirut and so it was possible to continue feeding the surplus funds from that appeal to the Life Center throughout 2022. A £5,795 Gift Aid claim covering 2019-2021 was also very welcome in making up the deficit.

Towards the end of the year St Mungo’s Church in Balerno, Scotland announced their Christmas appeal this year would be for the Life Center Christian Education Institute initiative. This typically raises £10-15,000, but at the time of writing is in excess of £20,000. This will provide a very good start to 2023 when the funds are released.

Pastor Said was able to visit the UK in the autumn and renew contacts at two of the main donor churches in the UK. As always his passion for the work in Beirut shone through and we are confident will result in some extra financial support in 2023.

Plans for 2023

In addition to the usual fundraising activities for the Life Center we are exploring funding an administrator role at the Life Center. The team there are overwhelmed with the immediate, practical needs of the people in the community, which means that administrative tasks take a second place. The aim of employing an administrator would be for this person to prepare funding applications for potential donors and then prepare the necessary reports for those donors. In this way we hope the income to the Life Center can be increased and made steadier to facilitate long-term projects.

Financial Review

Reserves Policy

The intention, as previously, is to hold the current unallocated funds in reserve for promotional activities and any other targeted activities which will provide a return on the investment. This will not necessarily be in financial terms. An example from previous years was using the reserves to pay for Rev. Dib’s visit to the UK. The reserves will not, except under exceptional circumstances and at the discretion of the trustees, be used for general grants to supported projects or other causes.

Funds in Deficit

There are no funds in deficit in the current accounting period.

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Statement of Financial Activities

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Total income 29,431 29,431 36,823
Total expenditure 909 42,402 43,312 47,926
Net income / (expenditure) resources before transfer (909) (12,971) (13,881) (11,103)
Net movement in funds (909) (12,971) (13,881) (11,103)
Total funds brought forward 9,268 38,421 47,689 58,792
Total funds carried forward 8,358 25,449 33,808 47,689
Unrestricted
General fund 8,358 8,358 9,268
Restricted
Life Center: General Fund 15,945 15,945 26,211
Life Center: Humanitarian 4,815 4,815 7,486
Life Center: Worker Support 1,110 1,110 340
Spring of Life 3,578 3,578 4,383

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Balance sheet

General Designated Restricted Endowment At 31/12/2022 At 31/12/2021
Fund Funds Funds Funds £ £
Current assets
Cash at bank and in hand 8,358 25,449 33,808 47,689
Current assets 8,358 25,449 33,808 47,689
Net current assets less current liabilities 8,358 25,449 33,808 47,689
Total assets less current liabilities 8,358 25,449 33,808 47,689
Total net assets less liabilities 8,358 25,449 33,808 47,689
Represented by
Unrestricted
Unrestricted - General fund 8,358 8,358 9,268
Restricted
Restricted - Spring of Life 3,578 3,578 4,383
Restricted - Life Center: General Fund 15,945 15,945 26,211
Restricted - Life Center: Humanitarian 4,815 4,815 7,486
Restricted - Worker Support 1,110 1,110 340
Funds of the charity 8,358 25,449 33,808 47,689

Statement of assets and liabilities

Cash at bank and in hand
1001: Current Account - Asset
Spring of Life
Restricted
Life Center: General
Restricted
Fund
Life Center:
Restricted
Humanitarian
Worker Support
Restricted
General fund
Unrestricted
1002: PayPal account - Asset
Life Center: General
Restricted
Fund
Cash at bank and in hand
Grand Total
Balance Previous
balance
47,689.35

47,689.35
4,383.20
26,211.67
7,486.28
340.00
9,268.20

47,689.35
3,578.83
15,930.30
4,815.50
1,110.00
8,358.36
33,792.99
15.25
15.25
33,808.24
33,808.24

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Fund movement by type

Fund and type Fund balances Incoming Outgoing Transfers Gains and Journal Fund balances
brought forward Resources Resources Losses Entries carried forward
Spring of Life
Restricted 4,383 6,866 7,670 3,578
Sub-totals 4,383 6,866 7,670 3,578
Life Center: General
Restricted 26,211 19,794 30,061 15,945
Sub-totals 26,211 19,794 30,061 15,945
Life Center: Humanitarian
Restricted 7,486 2,670 4,815
Sub-totals 7,486 2,670 4,815
Life Center: Worker Support
Restricted 340 2,770 2,000 1,110
Sub-totals 340 2,770 2,000 1,110
General Fund
Unrestricted 9,268 909 8,358
Sub-totals 9,268 909 8,358
Totals 47,689 29,431 43,312 33,808

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Analysis of income and expenditure

Total
Unrestricted Designated Restricted Endowment This year Last year
Incoming resources
Incoming resources from generated funds
2001 - Gift Aid Donation 9,526 9,526 7,311
2002 - Non Gift Aid Donation 1,355 1,355 2,880
2004 - Donation from Charity 10,400 10,400 16,410
2005 - Donation including Gift Aid 2,355 2,355 10,221
Incoming resources from 23,636 23,636 36,823
generated funds Totals
Other incoming resources
2003 - Reclaimed Gift Aid 5,794 5,794
Other incoming resources Totals 5,794 5,794
Incoming resources Grand 29,431 29,431 36,823
totals
Resources used
Charitable activities
3001 - Supported Project Payment 42,402 42,402 47,765
3002 - Web Sites 164 164 119
3003 - Fees 60 60
3004 - Admin 41 41 41
3005 - Promotion 644 644
Charitable activities Totals 909 42,402 43,312 47,926
Resources used Grand totals 909 42,402 43,312 47,926

Notes:

Incoming Resources:

Outgoing Resources:

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Approved by the Trustees and signed on their behalf on 21[st] February 2023:

Dr N Nicholson.

Chairman

Approved by the examiner on 29[th] March 2023:

Mr M Harris

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