**REGISTERED CHARITY NUMBER: 1166106** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021** ## **FOR** ## **MIRACLES MISSION** **MIRACLES MISSION** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|11| |**Detailed Statement of Financial Activities**||12|| **MIRACLES MISSION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2021** The trustees present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The advancement of animal welfare and benefit of the public to relieve the suffering of animals in need of care and attention and, in particular, to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals. ## **Aims** To promote human behaviour towards animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals. ## **FINANCIAL REVIEW** ## **Financial position and reserves policy** The net surplus for the year ended 5 April 2021 was £219,883 (2020: £55,505 deficit). When added to the brought forward reserves of £34,841 (2020: £90,346), the total reserves at the year-end are £254,724 (2020: £34,841). ## **Going concern** The trustees keep under review the level of free reserves to ensure the charity's continuance in future years. The actual free reserves at 5 April 2021 being those not tied up in fixed assets, long term investments, designated for a specific purpose or restricted, are £253,524 (2020: £33,341). The trustees consider that the level of free reserves at 5 April 2021 provides sufficient surplus to cover any shortfall in future months. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** It is the responsibility of the existing trustees to recruit and appoint new members to the Board. The Board will appoint members that are sufficiently skilled to carry out their role as trustee. ## **Induction and training of new trustees** Most existing trustees are already familiar with the practical nature of the charity. Induction and relevant training are given as required. ## **Risk management** The trustees continue to monitor and refine the processes in place to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to mitigate any risks identified. The charity is in the process of producing a risk register which will assist in monitoring and addressing any risks identified. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1166106 ## **Principal address** 1 School Road Carlisle CA1 3LX Page 1 **MIRACLES MISSION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2021** ## **Trustees** V Bryceson W Corrigan C Bryceson C Gamaleldin ## **Key management personnel** V Bryceson Approved by order of the board of trustees on 2 November 2021 and signed on its behalf by: V Bryceson - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MIRACLES MISSION** ## **Independent examiner's report to the trustees of Miracles Mission** I report to the charity trustees on my examination of the accounts of Miracles Mission (the Trust) for the year ended 5 April 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Association of Chartered Certified Accountants which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 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. Mary Blyth the Association of Chartered Certified Accountants 2 November 2021 Page 3 **MIRACLES MISSION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021** |**2021**
**Unrestricted**
**fund**
**Notes**
**£**
**INCOME FROM**
Donations and legacies
2
264,037
Other trading activities
3
41,151
**Total**
305,188
**EXPENDITURE ON**
Raising funds
4
11,032
**Charitable activities**
5
Animal welfare
74,273
**Total**
85,305
**NET INCOME/(EXPENDITURE)**
219,883
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
34,841
**TOTAL FUNDS CARRIED FORWARD**
254,724|**2020**
**Total**
**funds**
**£**
48,791
43,112
91,903
33,770
113,638
147,408
(55,505)
90,346
34,841| |---|---| The notes form part of these financial statements Page 4 **MIRACLES MISSION** ## **BALANCE SHEET 5 APRIL 2021** |**2021**
**Unrestricted**
**fund**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
9
1,200
**CURRENT ASSETS**
Debtors
10
51,102
Cash at bank
240,405
291,507
**CREDITORS**
Amounts falling due within one year
11
(37,983)
**NET CURRENT ASSETS**
253,524
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
254,724
**NET ASSETS**
254,724
**FUNDS**
12
Unrestricted funds
254,724
**TOTAL FUNDS**
254,724|**2020**
**Total**
**funds**
**£**
1,500
15,238
19,303
34,541
(1,200)
33,341
34,841
34,841
34,841
34,841| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 2 November 2021 and were signed on its behalf by: V Bryceson - Trustee The notes form part of these financial statements Page 5 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The financial statements are presented in Sterling (£). ## **Going concern** The financial statements have been prepared on a going concern basis, which the trustees believe to be appropriate for the reasons set out in the Trustee's Report. ## **Judgements** The charity considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The trustees consider there are no such significant judgements. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the income, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Raising funds** Raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable activities. ## **Charitable activities** Costs of charitable activities are incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles - 20% on cost ## **Taxation** The charity is exempt from tax on its charitable activities. continued... Page 6 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2021** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Financial instruments** The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable. Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss. Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities. ## **2. DONATIONS AND LEGACIES** ## **3.** |Donations
**OTHER TRADING ACTIVITIES**
Fundraising events|**2021**
**£**
264,037
**2021**
**£**
41,151||**2020**
**£**
48,791
**2020**
**£**
43,112| |---|---|---|---| continued... Page 7 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2021** ## **4. RAISING FUNDS** ## **Investment management costs** |**2021**
**£**
Support costs
5,700
**CHARITABLE ACTIVITIES COSTS**
**Support**
**Direct**
**costs (see**
**Costs**
**note 6)**

**£**
**£**
Animal welfare
72,859
1,414
**SUPPORT COSTS**
**Governance**
**Finance**
**costs**
**£**
**£**
Investment management costs
-
5,700
Animal welfare
300
1,114
300
6,814|**2020**
**£**
-
**Totals**
**£**
74,273
**Totals**
**£**
5,700
1,414
7,114| |---|---| ## **5. CHARITABLE ACTIVITIES COSTS** ## **6. SUPPORT COSTS** ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 5 April 2021 nor for the year ended 5 April 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020. ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME FROM**|**Unrestricted**
**fund**
**£**| |---|---| |Donations and legacies|48,791| |Other trading activities|43,112| |**Total**|91,903| |**EXPENDITURE ON**|| |Raising funds|33,770| |**Charitable activities**|| |Animal welfare|113,638| continued... Page 8 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2021** |**8.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---| ||||**Unrestricted**| ||||**fund**| ||||**£**| ||**Total**||147,408| ||**NET INCOME/(EXPENDITURE)**||(55,505)| ||**RECONCILIATION OF FUNDS**||| ||**Total funds brought forward**||90,346| ||**TOTAL FUNDS CARRIED FORWARD**||34,841| |**9.**|**TANGIBLE FIXED ASSETS**||| ||**COST**||**Motor**
**vehicles**
**£**| ||At 6 April 2020 and 5 April 2021||1,500| ||**DEPRECIATION**||| ||Charge for year||300| ||**NET BOOK VALUE**||| ||At 5 April 2021||1,200| ||At 5 April 2020||1,500| |**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||Other debtors|**2021**
**£**
-|**2020**
**£**
11,750| ||Prepayments|51,102|3,488| |||51,102|15,238| ||||| continued... Page 9 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2021** |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**|||| |---|---|---|---|---|---| |||||**2021**|**2020**| |||||**£**|**£**| ||Trade creditors|||917|-| ||Other creditors|||37,066|1,200| |||||37,983|1,200| |**12.**|**MOVEMENT IN FUNDS**||||| ||**Unrestricted funds**|**At 6/4/20**
**£**||**Net**
**movement**
**in funds**
**£**|**At**
**5/4/21**
**£**| ||General fund||34,841|219,883|254,724| ||**TOTAL FUNDS**||34,841|219,883|254,724| ||Net movement in funds, included in the above are as follows:||||| ||**Unrestricted funds**|**Incoming**
**resources**
**£**||**Resources**
**expended**
**£**|**Movement**
**in funds**
**£**| ||General fund||305,188|(85,305)|219,883| ||**TOTAL FUNDS**||305,188|(85,305)|219,883| ||**Comparatives for movement in funds**||||| ||**Unrestricted funds**|**At 6/4/19**
**£**||**Net**
**movement**
**in funds**
**£**|**At**
**5/4/20**
**£**| ||General fund||90,346|(55,505)|34,841| ||**TOTAL FUNDS**||90,346|(55,505)|34,841| continued... Page 10 **MIRACLES MISSION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2021** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
91,903
91,903|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(147,408)
(55,505)
(147,408)
(55,505)| |---|---|---| ## **General Fund** Is available for use at the discretion of the Trustees in accordance with the Miracles Mission charitable objectives. It is maintained at a level sufficient to allow the organisation time to adjust to changing financial circumstances. ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 5 April 2021 nor for the year ended 5 April 2020. Page 11 **MIRACLES MISSION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021** |**INCOME**
**Donations and legacies**
Donations
**Other trading activities**
Fundraising events
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Event costs
Purchases
**Charitable activities**
Insurance
Animal welfare
Advertising
Hire of plant and machinery
Telephone
Motor and travelling expenses
Repairs and renewals
Post and stationery
Computer costs
Sundries
Donations
**Support costs**
**Finance**
Motor vehicles
**Governance costs**
Independent examiners fee
Consultancy
Legal fees
Total resources expended
**Net income/(expenditure)**|**2021**
**£**
264,037
41,151
305,188
774
4,558
5,332
1,988
59,077
1,037
1,008
-
3,690
325
4,997
436
301
-
72,859
300
1,114
-
5,700
6,814
85,305
219,883|**2020**
**£**
48,791
43,112
91,903
29,777
3,993
33,770
1,988
82,301
7,723
1,648
42
1,766
-
943
158
-
14,500
111,069
-
1,029
1,540
-
2,569
147,408
(55,505)| |---|---|---| This page does not form part of the statutory financial statements Page 12