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2023-08-31-accounts

NAVEUROPE

A Charitable Incorporated Organisation

Charity Registered in England & Wales no. 1168983

ANNUAL REPORT AND ACCOUNTS

2022-23

NAVEUROPE

1

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

CONTENTS
Report of the Trustees 2-6
Independent Examiner's Report to the Trustees 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-14

NAVEUROPE

2

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023

The Trustees present the annual report and financial statements of NavEurope (‘the Charity’) for the year ended 31 August 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS102).

OBJECTIVES AND ACTIVITIES

The main objective of the Charity is to advance the Christian religion in Europe and such other areas as the Charity Trustees may from time to time decide for the public benefit through evangelism, teaching, mentoring, training, individual personal development, the publication and distribution of related material and such other charitable means as the Charity Trustees may from time to time decide.

We are committed to helping people come to know Christ, to live as Christ’s disciples in society and to be equipped to help others to do the same. This is expressed in our calling: ‘To advance the gospel of Jesus and his kingdom into the nations through spiritual generations of labourers living and discipling among the lost’

Our core values and vision have been identified and these provide the foundation for our strategy for ministry. Throughout our ministry we will continue our focus on

NavEurope is an umbrella organisation for the Navigators in Europe. The Navigators is an international Christian movement seeking to advance the Christian religion worldwide which has a number of affiliated non-profit organisations based in Europe. NavEurope provides support and leadership to the work of Navigator ministries in Europe. NavEurope promotes a mutual exchange of experiences between the various existing Navigator ministries in Europe and seeks to develop ministries in European countries with no national Navigator work. It also maintains links with The Navigators – a non-profit organisation registered in Colorado Springs, Colorado, USA. These objectives are achieved through the provision of financial and human resources and assistance to European Navigator ministries to help them as they work with churches and individuals in teaching biblical principles and understanding of the Christian faith.

The main activities undertaken by the Charity are the support of local Navigator initiatives across Europe, the arranging of Navigator conferences, the development of current and emerging Navigator leaders in Europe, and the provision of European student training programmes.

The Trustees have had due regard to the Charity Commission’s guidance on public benefit. NavEurope is working for the public benefit by supporting Navigator ministries in Europe as they seek to help people understand the transforming power of the Christian Gospel and to be trained both in greater depth of understanding and in ways of sharing their lives with others so they in turn would have a similar impact. This enables individuals to be more responsible for themselves and better able to serve those around them and the communities in which they live.

ACHIEVEMENTS AND PERFORMANCE

The work of NavEurope has continued to progress well during this year, benefiting from the faithful work of many against the receding impact of the Coronavirus pandemic and the ability to meet face to face once again.

During the year, our Regional Director Bill Sparks gave notice that, after seven years of diligent, sacrificial and faithful service, he would be stepping down from his current role. We are immensely grateful to Bill and his wife Cathy for the years they have been based in Southampton and overseeing the development and growth of the Navigator work in Europe.

NAVEUROPE

3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

An open selection process was held with a number of candidates being put forward. The selection weekend in Budapest was attended by around 40 staff, volunteers and trustees. We had been praying for God’s clear guidance in selecting a leader to follow on from Bill and He did not disappoint us with the overwhelming majority agreeing that Bernard Dishman should take up the role. We are delighted that Bernard has been willing to take on this key role and for his wife Debs’ willingness to support him and the ministry going forward.

We are also delighted that Leila Abdoussalame has joined the staff of Navigators UK, working alongside Naomi Sebborn and Nick Baker, and will be seconded to Navigators Europe on a part time basis. Leila has already made a significant contribution in creating the NavEurope Regional Office; putting in place the virtual IT, communications and project management tools needed to support such a geographically diverse work.

Coinciding with the change of leadership, three members of the European Regional Team stepped back from that role. One of Bernard’s first tasks was to invite new members to join the ERT and it is most encouraging that the Team has been strengthened and enriched with the arrival of new members.

At its first gathering, the new Regional Team undertook a strategic review and identified several areas for attention in the year and years ahead. These include the ERT modelling spiritual vitality and missional fruitfulness as we seek to help others and to implement a series of regional ‘Faith Directions’ that seek missional fruitfulness within our grass roots ministries.

The ERT have also identified the vital need to both strengthen and grow our pool of local, national and regional leaders. As 2024 progresses we are seeking to build a leadership framework to compliment existing national development programs. We will also be recruiting to and strengthening our team of Mobile Alongsiders, who play a key role in facilitating fruitfulness at the grass roots local ministry level.

Several additional ministries, such as the Missions Working Group, the European Student Network and the Focus Network, have given additional support in countries where Navigator ministries are small or non-existent. With the benefit of these actions, the Navigator ministries in Europe are being strengthened and extended.

Overall, the year has been encouraging in many areas, not least the heart and commitment for the work in Europe as a new recognition of shared responsibility and opportunity among so many involved in the various national ministries. This very positive development has been evidenced in different contexts through the year and is a promising basis for the work going forward.

FINANCIAL REVIEW

The balance sheet shows total net assets of €152,176 (2022: €165,657). There are no funds in deficit in the accounts.

Income

The total income for year was €199,825 (2022: €168,162 ). Of this, €128,947 (2022: €132,959) was received in gifts and contributions from Navigator organisations in Europe and the USA. A further €6,848 was donated by individuals, including tax reclaimed (2022: €9,368). This year was our first fully ‘normal’ year after the impact of the COVID pandemic and income from charitable activities (meetings and training courses) of €54,871 (2022: €25,224) was received.

Expenditure

This year saw the continuation of our training and development work, as well as the opportunity to gather with Navigators from across the worldwide partnership in the International Forum and Council. The total of €213,306 (2022: €200,846) was spent on the work of NavEurope, including €51,473 (2022: €52,840) on central support costs.

NAVEUROPE

4

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

Reserve Policy

At 31 August 2023 the level of free reserves was €150,323 (2022: €160,553). Reserves are maintained at a level equal to at least six months of operating expenses, with a target value of between six and twelve months of operating expenses (currently €73,696 to €147,391 based on the budget for 2023-24). The charity starts the 2023-24 year marginally above the maximum reserve level within the board’s reserves policy due to a reduction in in budgeted expenditure from €175,838 to €147,391 (largely due to a reduction in international conferences planned), this has lowered the upper reserves threshold. The trustees have set a deficit budget of €10,942 to bring reserves within the policy limits.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

NavEurope is a charitable incorporated organisation based on a Foundation Constitution.

Appointment of Trustees

Each national Navigator organisation within Europe that is registered as a legal entity in its own country and formally recognised by the Board of Trustees of NavEurope is entitled to nominate their Chair or, by agreement with that Chair and in place of that Chair, another member of the Board of that organisation as a Trustee to NavEurope. In addition, the Board of NavEurope may appoint up to six Independent Trustees selected by the existing Trustees of NavEurope. However, the number of Independent Trustees must always be less than the number of Country Chairs on the Board. Each nomination will be considered and, if agreed at a meeting of the Board of NavEurope, the individual nominee will be confirmed as a Trustee of NavEurope.

Key Management Personnel Remuneration

Key management personnel comprise the Trustees and the European Regional Director. All Trustees give of their time freely and no director received remuneration in the year. Details of Trustees’ expenses and related party transactions are disclosed in note 13 to the accounts.

In this accounting period the European Regional Director was seconded to this role from the US Navigators; there was no charge to NavEurope for this secondment. On 1[st] September 2023 Bernard Dishman took over as European Regional Director. He will be seconded from the Navigators UK on a similar basis.

NAVEUROPE

5

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Registered in England & Wales No. 1168983

Registered Office Turner House 54 The Avenue Southampton SO17 1XQ

Key Management Personnel

Key management personnel comprise the Trustees and the European Regional Director.

Trustees

The Trustees who served during the year and since the year end are:

Independent Trustees

C Appleton (Chair) C Wattez C Hordijk E Yearsley E Angen (appointed 22/05/2023)

Country Chairs

F Schlichtenbrede M Osborn (Resigned 01/11/2022) S Wroe (Appointed 01/11/2022) D Laco N Guerineau M Halling M M Iversen S Brandsma

Independent Examiner

Joshua Kingston, BSc (Hons) ACA Burton Sweet Limited The Clock Tower Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

NAVEUROPE

6

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees 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 income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. 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.

DECLARATION

The Trustees declare that they have approved the Trustees’ report above.

Signed on behalf of the Board of Trustees:

C Appleton Chair of Trustees 09/01/2024

NAVEUROPE

7

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF NAVEUROPE FOR THE YEAR ENDED 31 AUGUST 2023

Independent examiner’s report to the trustees of NavEurope

I report to the trustees on my examination of the accounts of NavEurope for the year ended 31 August 2023.

Responsibilities and basis of report

As the charity trustees of the Charity 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 Charity’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

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 Charity 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.

Joshua Kingston, BSc (Hons) ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Date:

8

NAVEUROPE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023

(including income and expenditure account)

Note
Income from:
Donations and legacies
2
Charitable activities
3
Investments
TOTAL
Expenditure on:
Charitable activities
4
Supporting Navigator initiatives in Europe
Leadership development
Student training programmes
TOTAL
Net income/(expenditure) and net movement in funds
7
RECONCILIATION OF FUNDS
Total funds brought forward
11
TOTAL FUNDS CARRIED FORWARD
11 & 1		 Unrestricted
funds
€
135,795
54,871
2,217
192,883
77,805
103,871
21,437
203,113
(10,230)
160,553
5
150,323		 Restricted
funds
€
6,942
-
-
6,942
3,661
6,532
-
10,193
(3,251)
5,104
1,853		 2023
Total
€
142,737
54,871
2,217
199,825
81,466
110,403
21,437
213,306
(13,481)
165,657
152,176		 2022
Total
€
142,327
25,224
611
168,162
102,608
85,872
12,366
200,846
(32,684)
198,341
165,657

Prior year comparatives are disclosed in note 14.

The Charity has no other recognised gains or losses other than the results for the year as set out above. All the activities of the Charity are classed as continuing.

The notes on pages 10 to 14 form part of these financial statements.

CIO 1168983

NAVEUROPE

9

BALANCE SHEET AS AT 31 AUGUST 2023

Note
€
€
CURRENT ASSETS
Prepayments and debtors
9
3,928
Cash in bank and in hand
155,925
159,853
CURRENT LIABILITIES
Creditors: amounts falling due within one year
10
(7,677)
(7,677)
NET CURRENT ASSETS
152,176
TOTAL NET ASSETS
152,176
STATEMENT OF FUNDS
12 & 14
Unrestricted funds
150,323
Restricted funds
1,853
TOTAL FUNDS
152,176
2023		 €
€
18,680
150,241
168,921
(3,264)
(3,264)
165,657
165,657
160,553
5,104
165,657
2022

Approved by the Trustees on 9/1/2024 and signed on their behalf by …............................................................ C. Appleton, trustee

The notes on pages 10 to 14 form part of these financial statements.

NAVEUROPE

10

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

1 ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.

a. Basis of accounting
The financial statements have been prepared in accordance with the historical cost convention (except where otherwise
stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland (FRS 102), and the Charities Act 2011.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This
departure has involved following 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) issued in October 2019 rather than the Accounting and Reporting by Charities:
Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The accounts are prepared in euros as the Charity operates predominantly in this currency.
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern,
despite the impact of the rapidly rising cost of living across Europe. Donations to support the work of the Navigators
across Europe have broadly remained stable and the charity's strong reserves ensure that it is in a good position to
continue supporting the development of Navigator work across Europe.
b. Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the
Charity. Unrestricted designated funds are unrestricted funds set aside by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an
appeal.
c. Income
All income is included in the Statement of Financial Activities when the Charity is entitled to it and the amount can be
quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Income from donations and legacies is received by way of donations and gifts and is included in full in the Statement of
Financial Activities when receivable, including the related tax recoverable under the Gift Aid scheme.
Donated assets, services and facilities are included at the value to the Charity where this can be quantified. The value
of services provided by volunteers has not been included in these financial statements.
Income from investments is included when receivable.
d. Expenditure

Expenditure is recognised on an accrual basis, as a liability is incurred. Expenditure includes VAT, which cannot be recovered and is reported as part of the expenditure to which it relates.

g. Creditors and provisions

NAVEUROPE

11

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

2 INCOME FROM DONATIONS AND LEGACIES

Donations
3
INCOME FROM CHARITABLE ACTIVITIES
Meetings and Conferences
Next Gen Training Course
Student training programmes
4
EXPENDITURE ON CHARITABLE ACTIVITIES
Supporting Navigator initiatives in Europe
Leadership development
Student training programmes		 Unrestricted
funds
€
135,795
135,795
Unrestricted
funds
€
37,226
-
17,645
54,871
Direct
costs
€
56,162
87,185
18,486
161,833		 Restricted
funds
€
6,942
6,942
Restricted
funds
€
-
-
-
-
Central
support costs
€
25,304
23,218
2,951
51,473
2023
2023
2023		 Total
€
142,737
142,737
Total
€
37,226
-
17,645
54,871
Total
€
81,466
110,403
21,437
213,306		 Unrestricted
funds
€
136,200
136,200
Unrestricted
funds
€
17,427
3,053
4,744
25,224
Direct
costs
€
76,187
61,613
10,206
148,006		 Restricted
funds
€
6,127
6,127
Restricted
funds
€
-
-
-
-
Central
support costs
€
26,421
24,259
2,160
52,840
2022
2022
2022		 Total
€
142,327
142,327
Total
€
17,427
3,053
4,744
25,224
Total
€
102,608
85,872
12,366
200,846

Central support costs are analysed in note 5.

Central support costs were divided on the basis of support staff time, with the split between charitable activities for each member of staff reflecting the particular activities they are involved with.

5 CENTRAL SUPPORT COSTS

Costs relating to seconded staff
Costs relating to provision of support services
Rent of premises
Administration, communications and other charity running costs
Governance
Other (analysed in note 6)		 2023
€
27,663
8,010
4,748
263
12,211
(1,422)
51,473		 2022
€
21,779
8,736
5,181
1,329
13,988
1,827
52,840

6 OTHER CENTRAL SUPPORT COSTS

Exchange rate adjustments related to funds held in US dollars
Exchange rate adjustments related to funds held in sterling		 2023
€
2,754
(4,176)
(1,422)		 2022
€
(4,161)
5,988
1,827

12

NAVEUROPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

7 NET INCOME (EXPENDITURE) BEFORE TRANSFERS

This is stated after charging:

Independent examiner's remuneration 2023
€
1,737		 2022
€
1,498

8 STAFF COSTS AND NUMBERS

The charity had no employees; therefore no employee received more than €70,000 in the current or prior year. Employment benefits received by key management personnel - €nil (2022: €nil).

9 PREPAYMENTS AND DEBTORS

Debtors re donations and legacies
Debtors re income from charitable activities
Debtors re bank interest
Prepayments re costs of charitable activities		 2023
€
-
-
244
3,684
3,928		 2022
€
10,879
682
107
7,012
18,680

10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Deferred Income re Charitable Donations
Creditors/accruals re cost of charitable activities:
Other creditors
Accruals		 2023
€
548
5,392
1,737
7,677		 2022
€
-
1,766
1,498
3,264

NAVEUROPE

13

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

11

MOVEMENT IN FUNDS

Prior year comparatives are disclosed in note 15.

At
1 September 2022
Note
€
UNRESTRICTED FUNDS
General Reserve
160,553
160,553
RESTRICTED FUNDS
Leadership support fund
(i)
2,779
Inner Frontiers support fund
(ii)
2,325
Ukraine Refugee support fund
(iii)
-
5,104
TOTAL FUNDS
165,657		 Income
and gains
€
192,883
192,883
4,292
-
2,650
6,942
199,825		 Expenditure
and losses
€
(203,113)
(203,113)
(6,532)
(1,011)
(2,650)
(10,193)
(213,306)		 At
31 August 2022
€
150,323
150,323
539
1,314
-
1,853
152,176

(i) Leadership support fund holds restricted gifts given for the support of named leaders or emerging leaders within the Navigators in Europe.

(ii) Inner Frontiers support fund holds restricted gifts given for the support of specific Inner Frontiers initiatives within Europe.

(iii) Ukraine Refugee Support Fund holds gifts to support Navigator work in Poland and Central Europe with Ukrainian Refugees.

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Net current assets
Total net assets at 31 August 2023
Net current assets
Total net assets at 31 August 2022		 Unrestricted
funds
€
150,323
150,323
Unrestricted
funds
€
160,553
160,553		 Restricted
funds
€
1,853
1,853
Restricted
funds
€
5,104
5,104		 2023
Total
€
152,176
152,176
2022
Total
€
165,657
165,657

13 TRUSTEE TRANSACTIONS

None of the trustees received any remuneration in the year (2022 €nil).

Travel expenses of €4,077.55 (2022: €2,869) were reimbursed to eight (2022: five) trustees, Accomodation and subsistence expenses of €20 (2022: €1,992) were reimbursed to one (2022: five) trustees and other expenses of €nil (2022: €26) were reimbursed to nil (2022: one) trustee. One Trustee (2022: one) waived expenses of €921 (2022: €336).

Donations of €6,588 (2022:€4,940) were received from trustees. No donations were received from key management personnel and other related parties (2022: €nil). There were no other related party transactions during the year.

NAVEUROPE

14

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 (continued)

14 PRIOR YEAR FUND COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Income from:
Donations and legacies
Charitable activities
Investments
TOTAL
Expenditure on:
Charitable activities
Supporting Navigator initiatives in Europe
Leadership development
Student training programmes
Supporting Navigator initiatives beyond Europe
TOTAL
Net income/(expenditure) and net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward
PRIOR YEAR COMPARATIVES FOR THE MOVEMENT IN FUNDS
At
1 September 2021
Note
€
UNRESTRICTED FUNDS
General Reserve
191,533
191,533
RESTRICTED FUNDS
Leadership support fund
(i)
4,238
Inner Frontiers support fund
(ii)
2,325
Pandemic Relief fund
(iii)
-
Retirement Gifts fund
(iv)
245
6,808
TOTAL FUNDS
198,341		 Unrestricted
funds
€
136,200
25,224
611
162,035
100,742
79,907
12,366
-
193,015
(30,980)
191,533
160,553
Income
and gains
€
162,035
162,035
4,506
-
1,521
100
6,127
168,162		 Restricted
funds
€
6,127
-
-
6,127
1,866
5,965
-
-
7,831
(1,704)
6,808
5,104
Expenditure
and losses
€
(193,015)
(193,015)
(5,965)
-
(1,521)
(345)
(7,831)
(200,846)		 2022
Total
€
142,327
25,224
611
168,162
102,608
85,872
12,366
-
200,846
(32,684)
198,341
165,657
At
31 August 2022
€
160,553
160,553
2,779
2,325
-
-
5,104
165,657

15 PRIOR YEAR COMPARATIVES FOR THE MOVEMENT IN FUNDS

(i) the support of named leaders or emerging leaders (ii) Inner Frontiers support fund holds restricted gifts given for the support of specific Inner Frontiers initiatives

(iii) Pandemic Relief Funds holds restricted gifts to support Navigator workers experiencing hardship due to the COVID-19 pandemic.