NEW HORIZONS COVENTRY
FINANCIAL STATEMENTS
FOR
31 DECEMBER 2024
Company Numb•r 10012348
Charlty Numb•r 1169264
FINANSURE LIMITED
2 Sheppard Street. Brymbo. Wrexham, LL115FF

NEW HORIZONS COVENTRY
FINANCIAL STATEMEKrs
YEAR ENDED 31 DECEMBER 2024
CONTENTS
PAGES
Charity inforniation
Trustees, annual report
2to7
Independent examinerfs report
Statement of financial activities
Balance sheet
10
Notes to the financial statements
11to16

Pag• 1
NEW HORIZONS COVEKfRY
CHARrrY INFORMATION
The board of trustees
Mr C C Waddell
Mr R Gaulton
Mr A J Coles
Company secretsry
Ms A H Langlands
Reglstered offlce
25 Ranulf Croft
Cov
CV3 5FB
Independent Examiner
Luke Howson MAAT
Finansure Limited
2 Sheppard Street
Brymbo
Wrexham
LL115FF
Bankers
HSBC plc
55 Corporation Street
Coventy
CV1 1GX

Pag• 2
NEW HORIZONS COVENTRY
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The trustees have pleasure in presentlng their report and the financial statsments of the chaiity
for the year ended 31 December 2024. The trustees have adopted the provisions of the
statement of Recommended Practice (SORP) °Accounting and Reporting by Charities
(effective 1 January 2019)" (FRS 102) in preparing the annual report and financial statements
of the charity.
GENERAL INFORMATION
The charity is a company limited by guarantee, incorporated on 18 February 2016, governed
by its Memorandum and Articles of Association. It was registered as a charity on 19 September
2016. The charitable company, New Horizons Coventry, took over the operations of the
existing charitable trust, New Horizons, on 1•t January 2017 and the charitable trust has now
been dissolved.
Trustees
The trustees (who are also the directors) durlng the year were Chris Waddell, Robln Gaulton
and Adrian Coles. New trustees are appointed by the board of trustees In accordance with the
Artides of Association.
OBJECTIVES, ORGANISATION AND ACTIVITIES
The purposes of the charity, as stated in its Article8 of Association, are:
1. To proclaim and ftjrther the gospel of God concerning his son. Jesus Christ, and to
preach and teach the Christian faith In such parts of the UK or the world as the directors
may from time to time think fit.
2. The rellef of persons who are in condition of need or hardship or are aged or sick and
to relieve the distress caused in such parts of the UK or the world as the directors may
from time to time think fft.
3. Any other charitable purposes according to the laws of England and Wales as the
directors may from time to time think fit.
The activities adopted to further the purposes of the charlty are:
Conducting meetings
Organising activities and groups
Working closely with other Christian organisations.

Page 3
NEW HORIZONS COVENfRY
TRUSTEES, ANNUAL REPORT (COHnNUEDJ
YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
The statement of financial activities is set out on page 8 of the financial statements. A summary
of the financial results is set out below:
Flnanclal revlew
Totsl income for the year was £352,385 (2023 - £333,364). The main sources of ongoing
Income are donations received £280,990 (2023- £267.394) along with income tax recoverable
£56,089 (2023 - £56,272).
Total expenditure for the year was £353,601 (2023 - £346,062), leaving a deficit of £1,216
(2023 - defiat of £12,698) for the year. M￿e detsils can be seen in the Actlvfties sectlon
below.
The trustees assess that reserves are at a satisfa¢Aory18vel. At 31 December 2024 the charity
held unrestricted reserves totalllro £513,444 (2023 - £519,938).
REVIEW OF ACTivrriES AND ACHIEVEMENTS
Hlghllghts of actfvltle8 In 2024
In 2024, New Hofizons has continued to invest the time of our dedicated volunteers. our small
number of part-time staff and our financial resources to continue to prodaim the gospel of
Jesus Christ and to see people develop and grow in their faith as a result of attending our
rneetings.
New Horizons has a recognised role in supporting Congress IfvBN, a global faith-based
organization to which we are affiliated. As a result of this role, New Horizons has had the
opportunty to be engaged in wider activitses related to prodaiming and fiJrthering the gospel
of Jesus Chrlst, teaching the Christian faith arKI offering input and support to other churches
and faith-based charities in the UK and Europe. In 2024, we were able to offer input and
support to churches in Europe, in particular churdRs in Germany. Sweden, Switzertand and
Ukraine.
The main activilies of New Horizons in 2024 have induded:
Conductlng meetings, which are accessible to the general public, with the aim of
teaching the Christian faith:
Developing the church members in thelr Christian faith, wlth specific and targeted input
into the men, women. young people and children;
Providing support and advice to a number of similar faith*ased charities arK
churches; and
Providing leadership input to church communit* in order to support the development
of churthes acn)ss ￿ UK and Europe.

Pag• 4
NEW HORIZONS COVENTRY
TRUSTEES, ANNUAL REPORT (COllTINUED)
YEAR ENDED 31 DECEMBER 2024
Our income is largely based around donations, which have been at a consistent level over the
last 6 years.
Our key expenditure comprises:
donations to other Christian organisations and leaders in line with our charttable
purposes;
payment of 6 part-time members of stsff (2023: 5), induding a company secretary who
is a qualified accountant, and payment of the Senior Elder of the church who provides
ministry seNices; and
covering essential expenses including UK and overseas trav81 and the cost of hiring
venues and running events and conferences.
We also Invest in the trainlng and development of leaders and volunteers of New Horizons,
who play a vital part in our ability to fulfil our charitable purp¢)8es, and we procure consultancy
services where it is considered appropriate to pay for services rather than solely rely on the
goodwill of our volunteers. We own no property; we continue to rent the Coventy Boys and
Girls Club for Sunday meetings and other venues are as required.
Church running costs for 2024 were £204,771, £13,461 higher than the 2023 costs of
£191,310. The higher costs are mainly due to increased employee costs, wlth the recruitment
of a new Governance Administrator role and additional overtime payments to other members
of staff. Total employee costs are £81 k, rising from £74k in 2023. The trustees have employed
these part time staff members to work In administratlve roles in order to increase efficiency
and productivty, furthering the charity's objectives whilst redudng the burden on volunteers.
We mak6 regular financial donations to support the work of Congress WBN and the ministry
organisations of four Christian leaders who have a worldwide role in furthering the Christian
falth. Their work and values are fully aligned with those of New Horizons and our donations
enable us to further our objects by facilitating the work of those who have a reach beyond our
own.
Donations were also made to support global initiatives to help ￿lIeVe hardshlp for people In
the UK, Europe and overseas. This included £3,169 (2023: £1,223) to support people working
In Ukraine to proclaim the gospel of Christ In the midst of the ongoing war with Russia. Mission
support grfts of £1,443 (2023: £9,662) wer8 made to individuals in the UK who required
financial support.
All donations made by the charty are subject to a risk assessment to ensure that charity funds
are being spent in accordance with our charitable purposes and in line with money laundering
regulations.
A net deficit of £1,216 was made in the year, compared to a net deficit of £12,698 in 2023. The
use of charity funds received in the year and existing reserves is a strategic decision by the
trustees to invest in the infrastnjcture and running of New Horizons, reducing the burden on
volunteers, and to make donations to support the work of charity and individuals who have
slmilar purposes as New Horizons, but with a different or wider reach.

Page 5
NEW HORIZONS COVENTRY
TRUSTEES. ANNUAL REPORT (CON77NUEDJ
YEAR ENDED 31 DECEMBER 2024
Hlghlights of aChIev￿￿ents In 2024
We continue to see improvement in the understanding, grasp and application of the
Christian faith of those who access our meetings.
Development and strengthening of leaders and the organisational stru¢Xures of the
Church.
Ongoing strengthening of the young people in the church, building them up in their failh
through regular meetings together, and stratsgic input at signfficant events. In July
2024, the 4 children who were leaving primary scthool in September 2024 had an away
day of teambuilding and strategic spiritual input to help them navigate this stage of life.
Also in July 2024, a day retreat was held for the 37 children in our children's group for
those aged 12-16, where they engaged in teambuilding activities and teaching about
the Christian faith. Parentsl guardians were invited to join for the evening to have
strategic conversations with their children about their faith and to build together over a
meal and activities. In addition, there has been specific input into parents for the
building of stron9 families.
Ongoing interactions and networking with churches and Christian leadeyship in the UK,
Gemiany, Switzerland, Sweden and Ukraine. This has resulted in the strengthening of
churches and their leadership as they prodaim and further the Christian faith.
New Hor5zons hosted a global leadership team meeting of Congress Music Factory,
regarding the creation and production of worship music within COng￿$S )D￿N. We also
supported a church member who serves on this leadership team to attend a further
team meeting in Trinidad.
Plans for future periods
The Trustees consider that the aims and objectives of New Horizons and the actiVi￿S
undertaken to achieve them will remain unchanged in future periods. They expect that there
will be increased invesknent in conferences and travel, in the UK arKI overseas, so that the
chaiity can attend fac&tO-face meetings to proclaim and further the Christian faith and work to
support other churches and charitable organisations as they seek to do the same.
The charity's reserves policy is to hold financial reserves to cover approximately six months,
unrestricted expenditure. The Trustees are satisfied that this policy will provide New Horizons
with sufficient financial resilience to withstsnd future unexpected disasters by using existing
reserves together with having the fiexibilty to adjust expenditure to match the levels of income
re￿ived. New Horizons will continue to look for strategic opportunities to make donations and
investments that delNer the objects of the charity.

Pago 6
NEW HORIZONS COVENTRY
TRUSTEES, ANNUAL REPORT (COP471NUED)
YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees are selected by the existing trustees who also take into account the views of church
members as to each person's trustworthiness. The Trustees hav6 also established an Audit
and Risk Committee. comprising two Trustees nominated by the Board, in order to focus on
risk management within the Charity. The delegated authority of the committee and
requirements to report back to the fvll Board is set out in Terms of Reference approved by the
Board of Trustees.
Rlsk as8888ment
The trustees have considered the key operatlonal, financial, and strategic risks that have
bearing on the charity through the mechanism of a Risk Register. Suitable management
Infomation is available to the Audtt and Risk Committee on a regular basis to monitor these
risks, and allow any mitigating action to be taken to address them. Intemal audits are planned
by the Audit and Risk Committee to strategically address the areas of greatest risk within the
Charty. They are carried out by suitable personnel who report back to the Audlt and Risk
Commlttee on key flndlngs and action8 to be taken to further mitigate agalnst Identlfied risks.
Investment pollcy
The charlty has adopted a pollcy of investing funds not immediately needed in savlng accounts
with varlous banks up to the £85,000 FSCS guaranteed limit.
Reserves pollcy
It is the pollcy of the charlty to maintsin unrestricted funds, which are the freo reserves of the
charity, at a level which equates to approxlmatety six months, unrestricted expenditure. This
provides sufficient funds to cover management, administration arKI support costs. Unrestricted
funds were malntained above this lovel throughout tho year.
Fund ralslng
The charlty relies on voluntary donatlons from Its members for Its Income. The charlty does
not employ professional fundraising bodies. The charity does not receive any grants or any
other payment for our services.
Volunteern
The charity is grateful for the commitment of its volunteers who are involved in all aspects of
the charity's operations.
PUBLIC BENEFIT
The charity trustses have complied wlth thelr dity to have due regard to the guidance on public
benefft, and the supplementary guidan￿ on the advancement of religlon for the publlc benefft,
published by the Charity Commission in exercising their powers and duties.

Pag• 7
NEW HORIZONS COVENTRY
TRUSTEES, ANNUAL REPORT mN77NUEDJ
YEAR ENDED 31 DECEMBER 2024
STATEMEKf OF TRUSTEES. RESPONSIBILMES
Charity law requires the trustees to prepare financial statements for each financial year, which
give a true arKI fair view of the state of affairs of the charlty arKI of its financaal activities for that
year. In preparing those financial statements the trustees are required to:
select suitable accounting policies and apply them consistently:
make judgments and estimates that affj reasonable and prudent,
stste whether the policies adopted are in accordance wlth the Statement of
Recommended Practice, "Accounting and Reporting by Charities (effective 1•t
January 2019)" and with applicable accounting standards, subject to any
material departures disdosed and explained in the financial statements;
prepare the financial statements on the going concem basis unless it is
Inappropriate to assume the chaiity will continue operating.
b)
d)
The trustees are responsible for keeping proper accountlng records which dlsclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that ￿ financial statements comply with the Companies Act 2006. They are also
rnsponsible for safeguardlng the assets of the charity and hence for taking reasonable steps
for the prevention and detethon of fraud CK other Irregularities.
This reportwas approved by the trustees on.............................................. and 18 slgned
on their behalf by:
Mr R Gaulton

Pag• 8
NEW HORIZONS COVENTRY
REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS
We report on the financial statements for the year ended 31° December 2024 set out on pages
9t016.
Respective responslbllltles of trustees and examiner
The charity's trustees are responsible for the preparation of the acLounts. The charity's
trustees consider that an audit is not required for this year under section 144 of the Charities
Act 2011 (the Charities Act) or under Part 16 of the Companies Act 2006 (the Companies Act)
and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Chaiity
Commission under section 145{5)(b) of the Charities Act. and
to state whether particular matters have come to my attention.
Basls of Independent examinefs statement
My examination was carried out in accordance with general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charty
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disdosures in the accounts, and seeking explanations from the
trustees concerning any such matters. The procedures undertaken do not provide all the
eviden￿ that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fairf view and the report is limited to those matters set out in
the ststement below.
Independent examinerfs statement
In connection with my examination, I have reasonable cause to believe that-
(1)
in all material respects the requirements:
to keep accounting records in accordance with section 386 of the Companies Act;
and
to prepare accounts in accordance with the accounting requirements of section 396
of the Companies Act and with the methods and principles of the SORP;
have been met; and
(2)
there are no material matters to which, in my opinion, attention should be drawn in
order to enable a proper understanding of the accounts to be reached.
Luke Howson MA4T
Finansure Limited, 2 Sheppard Street, Bryml)o, Wrexham, LL115FF
Dats: . 17lh Qu!y.2Q2S.......................

Pa99 9
NEW HORIZONS COVEKfRY
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 DECEMBER 2024
Unrestrthj Restricted T¢)tal8
FurKI8
Fur
2024
Totals
2023
INCOME FRO
Donations
Investrnents
Other income
325,639
14.197
1,109
11,440 337,079 323.666
14.197
8,801
897
TOTAL INCOMING RESOURCES
340.945 11.440 362.386 333.364
RESOURCES EXPENDED
347.439
6,162 353.601 346.CE2
TOTAL RESOURCES EXPENDED
347.439
6.162 363,601 346,1%2
NEf INCOME I (EXPENDITURE)
FOR THE YEAR
(6,494)
5,278
(1.216) {12,698)
Tran8fer8 bett¥eon furKIs
Net movement in funds
(6,494)
5,278
11216) (12,698)
Balances brought foThvard
519.938
519,938 532,636
Balances carri￿1 forward
513,444
5.278 518,722
519,938
The charlty has no recognised galns or losses other than the results for the year as sot out
atx>ve.
All of the acthi1￿ of the charity are dassed as continuing.
Th• not88 on pag•8 11 to 16 forni part of th•M flnanclal Statwnents.

Page 10
NEW HORIZONS COVENTRY
BALANCE SHEET
31 DECEMBER 2024
Note
2024
2023
FIXED ASSETS
Tangible asset8
23,174
34,303
CURRENT ASSETS
Debtors
Cash at bank and in hand
10
26,541
474010
18,909
475,765
600,561
494,674
CREDITORS: Amount8 falling
du& within one year
11
(5.003)
(9,039>
NEf CURRENT ASSETS LESS
CURRENT LIABILITIES
496.648
485,835
NEf ASSET8
518,722
519,938
FUNDS
Unrestricted fund8
Restricted fund8
12
12
613,444
5,278
519,938
TOTAL FUNDS
618,722
519,938
The truste88 are sats8fied that the tharlty16 entttled to exemption from the prov181ons of the Companles Acl 201
(th8 Act) relating to the audit ofthe accounts for the year ty vlrtue of 8ecllon 477, and that no rn•mber or member8
have reque8tsd an audlt pursuant to section 476 of the Act.
The truste88 ad(nowledge their responsibility for.
¢omplying ￿￿th the requlrements of the Act respect to acc¢xtt￿ng rewrds and the weparatlon of
accounts;
preparing ac£ounts which give a true and fairvivw of the stats of affalrs of the charity as at the erKI of
the finar¢ial year arKI of its net Incorning or outgoing resources for the finaniial year in a¢xordance
wlth the requirements of the Act relating to financlal ststements, 80 far as apFlicable to the thanty.
Th888 fin￿dalStateMents twe been prepared In a¢cordan¢e wlth the provlslon8 for cornpani￿ subject to the
$rnall companies, regime, and y￿th the Financial Reporting Standard 102.
If 202
These financial statementswere approved bythe trustees on...........................,........
signed on their behalf by:
. and are
Mr R Gaulton
The not•8 on pag08 11 to 16 fomi part of th88• finan¢lal ststomonts.

Page 11
NEW HORIZONS COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Ba8is of preparatlon
The financial statements have been prepared under the historical cost convention. and in
accordance with the Statement of Recommended Practice (SORP). "Accounting and Reporting
by Charities (effective 1 January 2019)° (FRS 102), the Charities Act. the Companies Act and
applicable accounting stsndards. Under Financial Reporting Standard 102 (FRS 102), the charity
is exempt from the requirement to p￿pare a cash fiow statement on the grounds of ts size.
Company status
The charity is a company limited by guarantee, which was incorporated on 18 February 2016. The
members of the company are the trustees named on page 1. In the event of the charity being
wound up, the liabilty in respect of the guarantee is limited to £10 per member of the charity.
Fund accountlng
Unrestricted funds are general funds which are available for use at the discretion of the trustees
in furtheran￿ of the general objectives of the charty and which have not been designated for
other purposes.
Restricted funds are funds which are to be used in accordan￿ with specffic restrictions imposed
by donors or which have been raised by the charity for particular purposes. The cost of raising
and administering such funds are charged against the specific fund. Investment income and gains
are allocated to the appropriate fund.
Incomlng re8our¢o8
All incoming resources are included in the statement of financial activities when the chanty is
legally entitled to the income and the amount can be quantir￿d with reasonable accuracy. No
amounts are included in the financial ststements for services donated by volunteers.
Resourctt oxpended
All expenditure is accounted for on an accruals basis and has baen classified under headings that
aggregate all costs related to the category.
Costs of generating funds are those inojrred in seelong voluntary contributions and do not include
the costs of disseminating infomiation In support of the charitable activities.
Tanglblo fixod assots and dopreclatlon
Tangible fixed assets are ststed at cost less depreciats'on. Assets are capitalised where they can
be used for more than one year and cost over £100.
Depreciation is calculated to write off the cost of fixed asset$ over their expected useful liv￿, arKI
is provided on the folk)wing bases.,
F&F l Equipment
25% straight line

Page 12
NEW HORIZONS COVEKfRY
NOTES TO THE HNANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
DONATIONS
2023
Donations
- Unrestrtct•d
. Restri￿￿1
261,216
6,178
11.440
66.089
56.272
337.079
323,886
INCOME FROM INVESTMENTS
2023
Interest received
14.197
8.801
COSTS OF AcfMTIES IN FuimiERANCE OF THE CHARITYS OBJECTS
Gra
ndff￿ of
Totsl
(note 6>
(nota 7)
2023
Church runni
Leadershi
Missions and commun.
Conferences and events
.639
191310
75,599
53,431
TOTAL
348.(E2

Page 13
NEW HORIZONS COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
ANALYSIS OF GRANT FUNDING OF ACTIVITIES
2024
2023
Grants to other charities (UK)
Congress VVBN
Nexu8 ICA
10.560
9,600
5,000
Grants to other charities (worldwkle)
Kingdom Impact (Indonesia)
Scott W8b8ter Minlstries (USA)
stevo Schultz Mlnistries (USA)
Church of God's Glory (Ukraine)
5.250
10.367
10,369
3,169
6,901
9,841
9,841
1,223
Grants to individuals (UK)
Regular mlnistry gfft8
Mission 8UPPOrt gifts
8,400
9,662
1,443
Grants to individua13 (woridwlde)
Ministry gifts (Egypt)
Ministry gifts (India)
Ministry gfft8 (Trinidad)
1.033
1,612
1,000
2,OlXI
63.431
63,080
ANALYSIS OF SUPPORT COSTS
2024
2023
Depre¢iatson
Slorage
Office Costs
Finance costs
Insurance
Independ￿t examinerf8 fee
17,291
10,831
17,053
10,963
957
1,451
2,148
1,623
1.076
33.409
33,617
Pag• 14

NEW HORIZONS COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
EMPLOYEE COSTS
2024
2023
66,314
59,764
EmployeV8 NIC
Employer penston contributlons
Pension admin58tration charges
15,121
13,887
80,723
73,939
The average number of employe&8 (all part-time) during the yearwas six (2023- fve). All employees
were emptoy•J In adminS8ts8tiv• rol88. No employee received employee benefits of more than
£60.000.
TRANSACTIONS WITH TRUSTEES
On8 truste•, Mr C ￿ddell, wa8 angaged in remunerated ministy during the year arKI recalved
£79,117 (2023 - £72,930) in re8pect of mini8ty fee8. In accordance wth the Articl88 of A880CHtion.
No other truste88 recalved remuneration.
No Incklentd •xpen8e8 were incurred by trustees in carrying out their trustee thde8 (2023- NII).
Expen888 Incurred by trustees for servrce8 provided to the charity in the year, either by
reimbur8ement of the trustee or by direct paymont to a third paty, totalled £6,474 (2023 - £6,213).
The total donatlon8 made to the charlty by tru8tee8 wSthout conditions during the year £18,976
(2023- £18.324).

Pw15
NEW HORIZONS COVEKfRY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
FIXED ASSErs
Fixtures &
ffttings
Equ4)ment
Total
At 1 January 21r24
Additions
Disposals
At 31 Decembor 2024
127.263
6.162
7,543
134.806
6.162
140.968
Deprn¢iatioD
At 1 January 2024
Charge for year
Disposals
At 31 D•c•mbw 2024
93.903
16,633
100,503
17,291
7.258
Not book valu•
At 31 Dec•mbw 2024
At 31 December 2023
34.303
10. DEBTORS
2023
10,414
13,895
8.081
9.143
Other d*tors
26.541
18,gJ9
11. CREDrroRS DUE I*TfHIN ONE YEAR
23
783
A(xruals
2,214
2.656
9.039

Pw16
NEW HORIZONS COVEKfRY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
12. STATEMEKf OF FUNDS
At31
2024
2024
519 938 340 944
Eamwrked gifts
Total lund•
619,938
352J84 (363,601)
518.722
Tho general re88rve fewwts th& free furth oftho chaiity wh￿h are not designated for partlcular
purpo8e8.
'Earmarked gift8. rnprwt d￿atiOnS for bonef•ciaries or projects.
13. ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Tangfol
Fixed
Current
Current Total Funds
L*ts'lit*s
2024
R￿t￿¢t¢d fund8:
EaM￿rked gifts
Total lund•
23.174
600,551
(5,003)
518,722
14. FUNDS RECEIVED AS AGEKr
During the year tho ch¥ity {*￿tIOnS behalf of a coq)erat•ng charity. 'Congres8 WBN,.
totalling £1.720. After transackn fees ￿ £54 **re deducted, the balan(% of £1,886 was at the
year*rKÈ was paswl (m to the bwefKaary (a churth in Ukrane) after ts year*rKI had passed.
As these funds were not within ts d￿rity's control and chanty was only xting as an agent. the
irthme, eXp￿dituTe arKI assets are rM)t inckthj n these accounts as SORP {FRS102}
section 19.