ReachAcross International REPOR TS AND FINANCIAL STA TEMENTS For the periodfrom IStApril 2022 to 315t March 2023 Registered Charity No.. 1174386 ReachAcross International TRUSTEES, REPORT The tru51Ees present their annual report and financial statetnents for the accountin8 period of the Charitable Incorpor3teé Organisatlon'ReachAcross International. Irom l April. 2022 to 31 March, 2023. The financial statements have been prepared on the accountinKpolicie5 5etout in note ito thefin#nclal statements and comply with the eharity's Constitution. applicablelaw and therequirements of the Statement of Recommended Practtce,"Ac¢ounting and Reporting by Charities.. IFRS 1021. second editton. and the Charities IA£counts and Reports) Regulations 2C#)8. Le8al and admlnlstrative information Full Name: ReathAtross International Constltullon: The Charity is constltuted as a thartt2blE Incorporated or8anlsatlon under ¢onstitutien dated 10 March 2017, and re8lStered with the Charity Cornmission of En8land and Wèles on 25 August. 2017. Reglstered Number.. 1174386 Trustee5.' Penny Bfasher151nce 2 July 20191 Remon Samuel Islnce 13 Ociober 20201 Roland Denner lslnce 8 Ortober 20191 Anja Kappers lsince 2 July 20191 Mark Wenger15ince 8 October 20191 Re8lstored Office.. 66, Park Hill Moseley Birrnin8ham B13 805 Bankers,. Unity Trusr Bank PO Box 7193 PlènttaryR￿d WVI 90G Independent Ex•rniner'. Donna Leppitt Independent Examiner5 Ltd Poplars Y•ptoN Lane Wèlberton West Sussex BN18 OAS ReachAcross International TRUSTEES, REPORT CONTINUED Charltable Objects and Artivltles The Obje¢t5 of th¢ Clo which ar¢ for th¢ Public Benefit are". the advancement of the Christian faith amon8st Muslims throL$8hout the world. the relief of the poor and needv. the help and comfort ol the sick and aged. generèlly. the advancement of any religious or other charitable objects not tnconsistent vlth the fore80in8 which may from time to time commend itself to the trustees. The main Activitie5 of the CIO con515t ol the holding and rnanaging of property and the holding and rnanaEing of funds for the International offtce of a network of Rea¢hAcross charities worldwide with simllar objective5. Organlsatlon The charity is constituted as a charitable incorporoted or8anisatioTr and is 8overned by a board of trustees whlch 15 responsible for 5ettin8 the 5tfate8ic direction of the charity and for establishin8 policy. The board of truste*s mÈets four timÈs a year and dele83tÈs the day-to-dèy operation of the chanty to a man3&ement team. The charity Is part of a worldwlde network conslsiin8 of charltles with slmlFar oblectlves. Re¥lew of the Perlod The charity continue5 to work from a decentralised oftice as established during the ￿dI9 pandemic, most offi¢ers work from their home. The charlt¥ 11 continues to hold property. It en5ure5 adequate property mana8emenr and use of the property In line wlth the objectives of the ReachAcross network. 21 continues to run bank accounts lor the managernent ol some funds of the Internatlonal offl¢e of the AeachAcr055 network in support ol the international coordinatin8 work ol the ollice. The charity en5ure5 use and mana8ements of funds in line with the objecrives of the ReachAcross network. Re8ardin8 11, the charlty has tontinued to mike parts of its own prem15e5 in the UK available to another chèritable group in the UK with simllar objettives. For energy savin8 puiposes the charity ha5 replaced all old window5 Wlth Modern PVC window5 a5 lar as the conservation regulatlons allow. For the remèlnlng windows plans are on the way to Install secondary glaiin8. ReBardin8 21, the charlty ha5 continued to provide lunds for training and coaching especially to the leadershlp of the pèrtners of the wlder ReachAcross network that tonsists of natlonal ¢harltles in UK, Switzerland, Germany+ USA. Canada and U8anda. The charity setup or revlsed the foll¢)win8 01 lis policies.. oi Code ol Conduct for Trustees of Rea¢hA¢foss Internatlonal VOZ- 2022 Re4chArrg5s Conflict of Interest Policy V02-2022 Safeguardin8 and Child Protettion Policy of ReachAuoss 02-2022 Re3thAcross Policy on Whistleblowing 03-2022 ReachAcros5 Conflltts and Complaints Pollcy 03-2022 ReachAcr055 ConfideTrtiality Policy ReathAcrtsss International Data Breach Policy 02.2022 ReachAcr055 Internarional Personal Data Proiettion Pol¥cy 02-2022 ReachAcros5 Poliry on Inve5trnersts 02 03 05 07 09 ReachAcr055 International TRusfEES' REPOR T CONTINUED Trustee Training.. TheTrustees have read the gulde The Essentlal Trustee- What you n￿d to know. what you need to do. to be reminded of the basic functions they have to cover as trustees_ Review ol Finances ljl The charity's in£om* mainly tonsists of donations from charities bn ihÈ nètwork that 3re re5tritted to the use for purpose5 of the international office of the ReachAcross netwoyk. Charitie5 in the network are mainly supported by voluntary 8ift5 from churches and individuals. 121 In addition. part ol the charl￿S income is donations from partners staying temporarily at the ¢harlty's prernise5, and part Is direct donation5 Irorn 5UPPOrters. 131 Thls Incorne hès proved adequate, the ettectivene5s of the work has been maiThtaiTred and there remains i reasonable level of funds. 141 The trustees conslder that the charSty remains in a healthyfinancial posltlon and Is able to meet Its on80in8 commitments Investment Pollcy The charity'5 Snvestment powers are prestrtbed lft Its tonstfrtution. The prestrfbed Investment powers allow the trustees to invest in any investments or securities of any nature consistent with the principles for which the charity stands. Includlng land ol any ienure. The irusiees have declded that vAth rhe Pfesent level of re5erve5 It is prudent that investrnenl is not restrtrted to cash on deposll but that it Is desirable to Invest a portion of the reserve5 01 the charity into other low or medium risk investments to ensure the financial long-term viability of the harity, due to low interest rates and risinB inllation. The trustees have decided to invest £IOO.000 with Ruffer AIFM Llmlted into their Charlty Assets TTUSt. The Invesrment w511 come Snio effect at the be8inn5n8 DI the next flnancial year. AtsÈrve$ Pollcv The tru5tee5 have examlned the requirement fgr free reserves which are those unrestrirted funds not Invested In flxed èssets, deslgnated for 5peclflc purposes or otherwSse committed. The irustees consider that, Élven the prekent nature and level of th* work and th¢ call ort funds. E40.CQ) should b* held and this wlll be sufflcientto provide workin8 caplt•l for Core tosts and allow for quick response to any emer8encies. Rlsk Manaiement The trusiees actively review the major r15*s thot th? tharity faces on a re8ular basis 3nd belleve that malntalnlng free reserves at ihe levels staled above. combined with the re8ular revlew of controls and systems tarried out, will provide sufficient resources in the event of any problems. The trustees have alsts examined the operational rlsks faced and esiabllshed that rhe necessary sysiems are in place to mitigate the s18nlficant risks. Again. an annual review of the financial controls was done usin8 the ternplate provided by the Charity Commission. Trustees The trustees in office durin¢ thè report period and at thè date of the approval ol this report are set out on pa8e I, Public Benefit The charity ackn¢xledges ￿$ requlrement to demonstrate ¢learly that it must have charitable purposes or'alms, that are for the public benefit. The trusiees confirm that they have paid due re8ard to the charlty ¢ommi$$lon guidance on public benefil before deciding what a£ti¥ities the charity should undertake. ReachAcr0s5 International TRUSTEES, REPORT CONTINUED statement of Trus¢ee< responslbilfjties The trustéès are required by law to prepare financial statetnents for eath financial yÈar whlch 8lve a true and lair view of the state ol affairs of the charity at the end of the linancial year and of rhe incoming ￿sOUrceS and application of the resources of the charity in that year. In preparing those financial statements the trusrees are required to: Select suitable accounting pollcies and then applylhem consi5tentlv.' make judgements and e5tim3tes th31 are reasonable and prudent., comply with applicable accountlnR Standard5 Subject to any material departures dlsclosed and explainèd in rhe financial staiements,. and prepare the finantial statements on a going concern basis unle55 it is Inappropriaie to presume that the charity will continue in busines5. The tru5tee5 are also responsible for keeping propEr accounting record5 whlch disclose. wlth reasonable accuracy t 4ny lime, the flnan£ial p051tlon of ihe £hèrity. Thry are also Yesponsible for safeBuèrdin8the assets of the chèrlty and hence fDr takln8 re3sonable steps for the prevention and dettction ol fraud and other Irregularltles. Approved by the Trustees on.... Slgned an behalf of the Trustees by. ReachAcros5 International NOTES TO THE FINANCIAL STA TEMENTS For the period ended 31 March 2023 l. Prlncipal attountlng pgliries The charity has taken advantage of the exemption in Financial Reporting Standard No I from the requirement to produce a cash flow st3tement. al Basis ol preparation and assessment of goSn6 concern The financial statements have been prepared under the historical cost convention in accordance with itern5 reco8nised at cost or transaction vèlu? unle55 ￿herWIse stated in the relevant notes. The linancial statements have been prepared in accordance with the Statement of Recommended Prèctice-. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting 51andard applicable in the UK and Republic of Ireland IFRS1021 (effective l January 20J51- (Charities SORP- FRS1021 and the Charities Act 2011. The charity meet5 the definition of a publSc benefit entity undw FRS102. Assets and liabilities are initially reco8ni5ed at historical cost unless otherwise stated rn the relevant accounting policy notes. Ass8s$ment o18olne Concorn After makin8 approprtate enquiries. the Trustees have a reasonable expectation that the charlty has adequate resources to £ontinue in opefational exi51¢nce for the foreseeable future. For thi5 rea50n. they continue to adopt the going concern basis In preparin8 the linancial starements. bl ID¢omln¥ resour¢•s ThÈ neiw¢rk of ReachAcross charities provides donations to ReachAcr055 International to co-ordinate international suppon for the network. It Is aceounted for in full on a receipts basls wlth the additlDn of any tax reclaimable. In accordance with thls policy. legèeies are included on receipt of payment from the personal representative ol an estatp or when property ts transfèrred. ¢1 T•nKlble flxed ISS￿5 All asset5 C05ting rnore than £250 are capSt3llsed. Depretlatlon is ¢al¢ulated to wrlte off the cost, less e5tlrnated residu31 value, of fixed assets on a strai8hi line basis over theiT estirnated yseful lives. No depreciation is char8ed on the freehold property as It is maintained to such a standard that its estim•ted residual value ts not considered to be less than its c05t or valuatlon and any dep¥ecialion charge will be Immarerlal. Depreclatlon rates used are.. Furniture and equipment 25% straight line dl Foreign currencies Transactions In foreign currencle5 are translated at rates Prevailing at the date of the transaction. Currencle5 ?re revalued at year.end. el Aesour ?.Ir)o 91.422 ResoureesExpended Dirncloxp¢ndilurnin Ibtheranc• ofth• ehg1iWsobpth*& leadershlp Ot¥*Jpmenl.PBs&7rn1 & Oe*J pr*a• Modia tearn Wobslttt ConlqreThtes & Training EmploymenlC0518 InioTf*•Ut)n•l IXr•cior Oeveloping TraiDing DAM￿1184 14.023 174 721 3.B32 4.489 54 5,483 558 1.332 22?7 4.769 2M92 9,813 1324 174 721 3.832 4.490 19,774 19,774 Trav*1 gxponsÈs HospitBI'ty kn￿U￿ts pald frorn r•thL*d I*¢(￿¥ t1￿$ 1201 41,130 27.458 455 4.490 455 4.490 9,594 624 3.901 3.075 Employmenl C0515 hiorn8bonal ST Con5ulianEy & Professbonal Fee3 opeftyrunniry at)d U11￿0• Proporty 14.608 5218 InauFancp Fire •nd 8ofety e running 1.104 3.877 5.750 3A77 5,75 1,959 88nkchargtts Sundr5es Dop10￿￿￿On IndependvniExAminethFee• 797 78 797 78 710 92 41.653 41.653 17.209 8S.783 4.667 Noi in￿mIng￿0￿190iny} re6DUrt8shyth• Fund B3￿nces8￿UghIFoF¥ja 31 I WI 2022 Fund 8dlanus asat31 20Z3 5M39 5.6J9 Z0217 17Q.506 176.144 26.194 26.194 235.700 242,338 40.rrfJo 238.700 1 15 Re8chAuoss Int&mati￿al BALANCE SHEET as at31 March 2023 Note 2022 2021 FIx8d A558ts 21580 21580 CuNtrDIAtrsBIB Cash ai Bank Cash Sn Hand Int DireclorAdv8n¢è 231,746 161 218,80EI 161 232207 216.970 Amounts rec8ivabl8 wilhln ona y•ar Less.. Amounts p8y8blev411hln one ye•r 30.924 4.800 26.124 43,012 39W89 NBt Cu￿ontA￿ts Long Loan & MDrtgage8 258.330 2S8,859 37.572 41.740 NelAwts 242.338 Fund8 Expendable Endewmont Un￿SlrIGIed Lncome Fund5 Re6M¢t#d Income Fund8 40.000 176.144 26.194 40.000.00 170.508 26.194 242,338 236,700 Approved bythe Board ofTru$t•e$ on 8lgn&d on118 behalf ily P•nny 8ra$her Tru5t•0 215 ReachAcross International NOTES TO THE FINANCIAL STATEMENTS foT¥)¢yaer ended 31 MaTch 2023 PA*¢lpal aGcountlng polld88 The charity ha$ laken advanlage oflhe exemptson in Finanual Reporbn9 Stsndard No 1 from Ihg requ1￿Ment to produce a cash llow $laiom8nL B￿$ ¢1 Prqpar*ion and As*¢urn•nt of GDbng Conc•rn The ffnanci81 ststernents have been prepared underihe hi81orical costwnventr.on rn awrdance wilh itÈms recognised at costor transatbon value unless otherwlse 5tsted In the relevant noles. The finantlal stslemen& have beèn preparad ih occordantt wilh ￿t Statem¢niof Recommended Pr8cbce'. Accounbng and Repo￿n9 by Chaitles preparin9 Iheiraccounts In accordance with the Finanaal Reporbng standard appliGable in Iho UK and Republic of Ireland IFRS1021 leiiectsve l January 20151- ICh4ritie$ SORP- FRS1021 and Ihe Charitios Aci 2011. The eharitym?0ts Ih¢ definitSon ofa public b•Trefil•ntityunder FRS102. Ass8ts and li8bllid•s are Initially r6COsnised at hltttorical cosi unle58 0lherwi5o 51ated In the ralevanl accounlng polScy nots8. 8888*m•nt ol Golng Concern prep8rab.on of ihe accoun15 is on a going concem basis. The tru51e85 con$ider Ih?tlh8r8 are no moierial un¢trtainti88 about the Ch8rityb ability lo continue os a ooing (¥nc8m. bl In¢•thSng rnBour¢ Th• ne￿Ork01 R•a¢hAL¥os5 pra￿deS donatttsns b R•a¢hAuo$$ Intornationgl to co-ordinate intemational supportfor the neTh¥o￿.1115 accounted for in full on a receipts ba31s wlth tt)e addibon ofany lax reclaimablg. kn accordance with this polley, leg8cie5 ar¢ included on r￿1p1 olp8ymentfrorn ihe personal repr6s•ntabv8 ol Bn estate or when property Is transf8tred. ¢1 Tanglbl• Ilx•d OBOrti All assets Cosing more than £250 8r• ¢apilall$ed. Depr8elabDn 1$ calculated lo writ8 oifthe cosl less esb'maled re$idu81 value. ol fixad assBIs on a slralghl Ilne basis ov•r Iheir estim81od usefiJl liv¢s. No depreuatitsn is charged on the freehold prop8rty as il 15 mainraSned to such a strndard th81 its estirnated re81dual value18 not considered to b6 It￿ Ih8n 118 CO￿ orv•lual"on and any deprocaats.on Gharge wlll bo Immalerial. Depreciation r8t85 UBed are.. Fumiture 8nd equipmenl 25% straighl line dl For•lgn ¢uThqnEies Transa￿(on5 in foreign are transla*d alrales prevailing 81 the date oflhe Iransaction. Cvrrenae8 a￿ revalued atyea¥*nd. •) R•BOUV¢•$ •xpqnd•d and of lllocatlon ole•#$ Expen(5iknr8 is tnduded when Incur￿(% and indudes IrYÈix)verable VAT. E¥pendilure on opÈraDon81 programme5 is recognized in Ihe pertod it is imGurre￿. A design8ted fun(J 15 eStsblish￿ forexpenditrJts whith has boen cornmilte¢ to woiects, bul remains unspent atthe ye8rend. 11 Costs ol managlng and admlnl3tertng th• ch•rlty Thèse represent ttssts athbutsb18 to managernent oflhe charity's assets. organizational dtnin15tration and Ixjmpliance with constittjtional and stalutory requiram8nlS_ 315 R88L*Acr0￿ International NOTFS TO THEFINANCNL STATEMENTS forlhe yearendeo 31 Marth 2023 PrfnGipal occounJnp polldes Cot)rd. 191 Funds acwntinu. Ftsnd$ held by the ch4nty arn.. Vnreslrtcted gweral ￿n￿￿- theÈe arB fvnd¥whl¢h can be In acco￿an(* thg tharltable obl¢Gts81 tha dlsrtytion oftho truth• Resth¢ted fiJnds- theso Bre fiJnd8lh41can only bB u¥8d f0rpartiw1ar￿strlc1Vd pu￿088$ wILhln the objects ofthe charity. Resththons8nse wh•n 8padfied bythe donororwhgn nd4 ar6 rai¥od forp*Owlarr•sth£*d purp￿$. 2. Tanqlbl• Flx•dA#i•t8 Fr¢8hold FurnlbJM Totsl Fyoporty and Eqylpmenl Co•t At 1 April 2022 A131 M4rch 2023 21580 21580 21 A￿MU1018d O•w8daiJon 2023 2022 At1 Ap￿1 2022 Cherge forthe year At 31 Mwrth 2023 N•1 Book Volu• 4¥ pl 31 2023 21580 3. D•kn• 2023 2022 Due from ￿¢bal Re8chAero•8thBrlk8 prep3￿ents 22.505 8,420 3D.924 34572 8420 43012 4. Cfithlrys.. Arno￿ fAI* tn l•B• l y••r Tr8d8 credltorg AGGTuola 3900 gou 4.800 2203 900 3103 Rea¢hAcross International NOTES TO THE FINANCIAL STATEMENTS for the yaer ended 31 Mareh 2023 5. N¢t Anatysls of Funds EXpeTrda￿e Income funds end¢)wment UnFeGtrlcled Restrl¢*d Total Tangible fixed assets Current assets Cutrent liabilities 21,580 121,792 14.8001 37,572 176.144 21,580 187,986 14.8001 40,000 26,194 Long f8rn Loan 40,000 26.194 242,338 In July 2021 ReachAcross In*maJonal was give 8 loan ofÉ50.000 leurosl 10 use wilhotsi resthdions. tt w8S agreed that ReacAcross Intemabonal would repay Ihe108n at£S,000 leufosl a year. Starb'ng 31st July 2022 This was translerred to the Iniernabon81 office in 4 ov8rt9$ and amounted ¢0 £41,739.52 The first payment was m8de by the German office and dedu¢ted frorn their levy conthbution E5.000- £4.167.08 The Current balance is now é45.000 and has bean accounted as being £37.572.44 6. Roitdctod Incom• Fund• Purp￿¢ of fund Balanc• 0110412022 Mov•m¢nt Balance 3110312023 Ou¢ NE Africa Field Discipleship Training Student Training in UK Fund L Fund West Afri¢8 Flald Middle East Fiel Asi8 Field Refugee Camp Project lnlern8b.onal Conferen¢vJ Fund Slewardship 1.348 515 32 6,985 100 5.309 65 1,348 515 32 6,985 100 5,309 65 11.840 11,840 26,794 26,194 7. Flnan¢l•l ¢ommltm•nts Th* Charity had no financlal commitsmants at 31 March 2023 8. Payvoll 515 ## **REACHACROSS INTERNATIONAL** ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023** Report to the trustees/ members of ReachAcross International on the accounts for the year ended 31st March 2023. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. 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) 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 Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s 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 charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF Date: 28th September 2023