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2023-12-31-accounts

Radiant Encounter Ministries

Trustees Annual Report

Year ended 31 December 2023

Charity number: 1165807

Trustees

Stephen Jones, (Chair of Trustees)

Adonna Jones

Andrew Timms. (Also, a Trustee for Destiny Life Church, charity number 1167525) Philip Goodson

Andrew Muir

Principal Office

4 Woodlands,

Cheriton Bishop,

Exeter,

Devon,

EX6 6HH.

Report of the trustees for the year ending 31 December 2023.

The trustees present their annual report and financial statement of the charity for the year ending 31 December 2023. The financial statement complies with the requirements of the Charities Act 2011 and has been compiled in accordance with the charity’s constitution.

Structure and Governance

The Charity is a registered charity, number 1165807 and was established in England as a Charitable Incorporated Organization on 02 March 2016. It was established to continue the work that Stephen and Adonna Jones began through short term mission trips to Bulgaria.

New trustees are appointed by the existing trustees. The Charity’s Constitution provides for a minimum of 3 trustees, to a maximum of 7 trustees.

On appointment all new trustees formally accept in writing and are given a welcome pack, including a copy of the constitution, the board of trustee’s minutes, trustees annual reports and accounts and a copy of the Charities Commission’s publication entitled “The Essential Trustee: What You Need To Know”.

All trustees give of their time freely and no trustee remuneration was paid in this year. Trustees are required to disclose all relevant interests and in accordance with the charity’s policy withdraw from decisions where a conflict of interest arises.

Risk Management

The trustees work together to identify risks and where necessary seek training or external advice to reduce the risk.

Objectives and activities for the public benefit

The objects of the CIO are:

The Charity’s main activities are:

How the charity delivers public benefit

When planning activities, the Trustees of Radiant Encounter Ministries have considered the Commission’s guidance on public benefit. The Charity strives to make The Christian faith available to all. Radiant Encounter Ministries seeks to work with a broad spectrum of organisations and people in order to advance the Christian faith for the benefit of as many people as possible.

Radiant Encounter:

capabilities of a local denomination within its region. It has also provided Bibles to the poor that could not afford one.

Financial Review

The charity started the financial year with £1,950 in the bank, of which £1,357 was restricted

The Charity has received £4,819 in donations this year which is up on the previous year. These funding have enabled a lot to be achieved whilst leaving funds available at the end of the year of £1,304, of which there is £251 held as restricted funds.

Radiant Encounter received £667 from Stewardship, the charity who administers much of Radiant Encounter’s online giving and reclamation of tax. £3,040 was given by other charities and donations.

This year the charities total expenditure year was £4,359 of which £409 was spent on overheads and the remaining £3,950 was spent on projects and grants to support those in need.

There were no grants were given this year.

Assets and Liabilities

The Charity has finished the financial year with a positive balance and no debts outstanding.

Gift Aid

In order to process its online website giving, Radiant Encounter uses the service of a charity registered in England and Wales called Stewardship, (charity number 234714). Stewardship administers the reclaiming of tax on behalf of the donor. The funds then come to Radiant Encounter, as a grant from Stewardship of the original amount donated online, plus any tax that has been reclaimed, minus their small administration fee of 3 %. All of Stewardship’s profits go to support good charitable causes.

Radiant Encounter has also claimed gift aid where applicable on gifts that did not come through Stewardship.

Reserve Policy

The Charity retains a reserve of sufficient funds to ensure that any ongoing expenses can be covered. Also, all funds held as restricted are retained until they are used for their designated purpose.

Trustees responsibilities in relation to financial statements.

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law. The law applicable to charities in England and Wales requires the trustee(s) 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 for the charity for that period. In preparing these financial statements the trustees are required to select suitable accounting policies and to apply them consistently and make judgements and estimates that are reasonable and prudent.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to

ascertain to ensure that the financial statements comply with the law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on any of the charities publications or websites.

Looking Toward the Future

Currently Radiant Encounter is working mainly in the central Bulgarian town of Kazanluk, with some work also in the southwestern Bulgarian towns of Razlog and Sandanski.

Radiant Encounter has now established a permanent base in the Kazanluk region as the centre of operations for ongoing relief projects. With Stephen Jones and Adonna Jones two of the trustees moving out to Bulgaria fulltime.

Radiant Encounter wants to continue to reach out to those that are in need and forgotten. They want to continue to bring help and relief to the Ukrainian refugees that find themselves in Bulgaria.

Lives will be changed, through a practical demonstration of love.

This Trustees annual report was approved by the trustees

on the 26 September 2024.

RADIANT ENCOUNTER MINISTRIES

Registered As a Charitable Incorporated Organisation in England and Wales,

Number 11658

4 Woodlands, Cheriton Bishop, Exeter, Devon, EX6 6HH.

INCOME AND EXPENDITURE ACCOUNT:

FROM 01 JANUARY 2023 TO 31 DECEMBER 2023

INCOME

General Donations 3707 Restricted Donations 1112 Gift Aid Nil Other Income Nil Total Income 4819 EXPENDITURES Direct Operational Costs Shipping and Packaging 415 Supplies Given 2488 Interpreter Nil Travel and Accommodation 1040 Grants Nil Outreach 7 Total Operational Costs 3950 Less Other Expenses Bank Charges Nil Office expenses 409 Total Other Expenses 409 TOTAL EXPENSES 4359 FUNDS (total income minus total expenses) 460

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RADIANT ENCOUNTER MINISTRIES

Registered As a Charitable Incorporated Organisation in England and Wales,

Number 11658

4 Woodlands, Cheriton Bishop, Exeter, Devon, EX6 6HH.

Summary of Income and Expenditure Account Funds (after expenses) 460 Retained funds at beginning of year 593 Balance of retained funds at the end of year 1053 Summary of Restricted Funds Restricted funds at beginning of year 1357 Restricted donations within this year 6 Spent restricted funds 1112 Balance of retained restricted funds at the end of year 251

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RADIANT ENCOUNTER MINISTRIES

Registered As a Charitable Incorporated Organisation in England and Wales,

Number 11658

4 Woodlands, Cheriton Bishop, Exeter, Devon, EX6 6HH.

BALANCE SHEET STATEMENT OF ACCOUNTS ON 31 DECEMBER 2023

31 December 2023 Previous Year (on 31 Dec) ASSETS Total Cash 1053 593 Restricted Cash 251 1357 Other Assets Nil Nil LIABILITIES Current liabilities Nil Nil Long Term Liabilities Nil Nil

Note: All figures on these accounts are rounded to the nearest pound.

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