Discipleship Tech
Report and Accounts Year ended 31 August 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
DISCIPLESHIP TECH
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR TO 31 AUGUST 2022
ADDRESS FOR CORRESPONDENCE 10 Queen Street Place London EC4R 1BE GOVERNING DOCUMENT CHARITY REGISTRATION NUMBER 1178838 TRUSTEES RESPONSIBLE FOR A.R. Reynolds (Chair) MANAGING THE CHARITY E.S. Blower G.S. Owens J.C. Sutton KEY MANAGEMENT A. Geers (CEO) INDEPENDENT EXAMINER Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
First Floor, Thames Exchange 10 Queen Street Place London EC4R 1BE CIO Foundation registered 18 June 2018
INDEX
Page 1 Legal and Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets and Liabilities Page 7 Notes to the Accounts
Page 1
DISCIPLESHIP TECH
REPORT OF THE TRUSTEES
FOR THE YEAR TO 31 AUGUST 2022
The Trustees have pleasure in submitting the Report and Accounts for the year to 31 August 2022.
Objects of the charity
The charity is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal object, as set out in its governing document, is to advance the Christian faith, including without limitation by using technology, software applications and other platforms.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
Continued development and improvement of the PrayerMate app on iOS and Android and the PrayerMate Platform website, including:
• A major redesign of the entire user interface, to make the app more intuitive for new users and to streamline our development process across multiple platforms. By the end of this financial period we were ready to begin beta testing with a small number of users, with overwhelmingly positive feedback.
• Modernising and refactoring the app to continue working with Google and Apple’s latest mobile operating systems.
The PrayerMate app reached an all-time total of 516,000 app downloads.
Served over 30,000 active users per month.
A total of around 17 million items were prayed for during the period, an average of 1.4 million items per month.
Distributed seven devotional feeds for Advent 2021 - including writing our own PrayerMate Advent devotional, “Why Did Jesus Come?”, which had over 1,000 subscribers, plus “The Dawn of Redeeming Grace” by Sinclair Ferguson, and “Christmas in your global neighbourhood” by the UK Charity Tearfund.
Distributed eight devotional feeds for Lent 2022 - including producing our own “Praying the Psalms Through Lent” feed which had over 800 subscribers, one by Tearfund, and “Forty Women” by Ros Clarke.
Exhibited at the “Word Alive” conference in Prestatyn, North Wales, meeting face-to-face with existing and potential users and to raise awareness of our ministry
Continuing with the design and development of a new mobile game Bible Overview experience titled The Serpent & The Seed. We have now designed and prototyped the first three of four game acts and are hoping to bring an artist on board in the coming year to build out the game.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
By the grace of God, the above activities and achievements have served to advance the charity’s principle object and purpose of advancing the Christian faith, summed up in our vision of ‘Using technology to help people get to know Jesus better’. We have been greatly encouraged by so many users writing in this year with testimonies of how our PrayerMate and Redeeming Time apps have blessed them in their faith, and we trust that in due time our Bible Game project, The Serpent & The Seed, will engage tens of thousands of people who are not familiar with Christianity. We are very appreciative of our donors and those who have made grants to Discipleship Tech, to enable this ministry to take place, including Deo Gloria Trust, Slavanka Trust and Goodnews Evangelical Mission.
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Financial review
During the year the charity received £94,316 (2021: £89,432) and made payments of £97,780 (2021: £73,027) in relation to its charitable activities, resulting in cash held by the charity decreasing to £43,663 at year end (2021: £47,126). Of this balance, a minimum of £7,500 has been designated by the trustees towards completion of the Bible Game project, therefore, £36,163 is general funds and can be used for any charitable purpose. The restricted fund for the Bible Game project had a small deficit (£106) at the year end, but this was cleared in September 2022 on receipt of a grant of £5,000.
Total employment costs were £72,868, which includes our CEO and people employed or contracted to do software development and user support, social media and marketing.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about three months' of unrestricted expenditure and unexpired subscriptions) so that the charity could continue to operate should income and / or expenditure vary adversely. The trustees recognise the commitments to subscribers that extend for up to 12 months, while noting that the costs of maintaining delivery of the service to meet these commitments are very small. At the year end, the charity held net cash in the general fund of £36,163. Because of the nature of cash flow on the Bible game project this number fluctuates month to month and the charity seeks to comply with its reserves policy at all times.
Governance
Responsibility for setting policy and for determining the parameters within which the charity should operate rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a senior management team led by the CEO, Andrew Geers. New trustees are recruited and appointed by the existing trustees, by a majority vote.
Risk statement
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
A.R. Reynolds
A.R. Reynolds
Date: 28 February 2023
Page 3
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
DISCIPLESHIP TECH
I report to the trustees on my examination of the accounts of Discipleship Tech ('the charity') for the year ended 31 August 2022 on pages 5 to 7 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 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 2011 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:
- accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Stephen Mathews
Stephen Mathews FCA
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 7 March 2023
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DISCIPLESHIP TECH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR TO 31 AUGUST 2022
| Notes Income receipts Donations, legacies and grants Income from charitable activities Investment income Total receipts Payments 2 Total payments Transfers between funds Net movement in funds Cash funds as at last year end Cash funds at this period end A Net of receipts / (payments) before transfers Payments in relation to charitable activities undertaken directly |
Unrestricted General Funds £ 31,899 41,476 4 73,379 76,736 76,736 (3,357) - (3,357) 47,126 43,769 |
Restricted Funds £ 20,937 - - 20,937 21,043 21,043 (106) - (106) - (106) |
2022 £ 52,836 41,476 4 94,316 97,780 97,780 (3,463) - (3,463) 47,126 43,663 |
2021 £ |
|---|---|---|---|---|
| 52,168 37,265 - |
||||
| 89,432 | ||||
| 73,027 | ||||
| 73,027 | ||||
| 16,405 - |
||||
| 16,405 30,721 |
||||
| 47,126 |
The notes on page 7 form part of these accounts.
Page 5
DISCIPLESHIP TECH
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR TO 31 AUGUST 2022
| General Designated funds funds £ £ A Cash funds Cash at bank with immediate access 36,269 7,500 36,269 7,500 B Other monetary assets Gift aid due to charity In-app purchases amounts receivable Other debtors C Liabilities Accounts payable Fee for Accounts preparation and Independent Examination Unrestricted Funds |
Restricted funds £ (106) (106) |
2022 £ 43,663 43,663 136 1,747 58 1,941 488 1,170 1,658 |
2021 £ |
|---|---|---|---|
| 47,126 | |||
| 47,126 | |||
| 15 1,421 312 |
|||
| 1,748 | |||
| 1,280 1,150 |
|||
| 2,430 |
Deferred income: The charity has received subscription income of £28,095 during the year (2021: £25,328). Subscriptions generally last for 12 months and the unexpired portion of these subscriptions amounts to approximately £10,751 at year-end (2021: £10,401).
| D Assets retained for charity's own use Computers (at cost less 25% annual depreciation) |
2022 £ 974 974 |
2021 £ |
|---|---|---|
| 1,948 | ||
| 1,948 |
E Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf
by A.R. Reynolds A.R. Reynolds
date: 28 February 2023
The notes on page 7 form part of these accounts.
Page 6
DISCIPLESHIP TECH
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 31 AUGUST 2022
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs Bible game app development costs Technology and other consulting and contracting Marketing Operating expenses Accounts preparation and independent examination Royalties Currency transfer costs Insurance Conferences and training |
General funds £ 62,464 - 6,547 3,713 1,488 1,140 933 (97) 176 371 76,736 |
Restricted Funds £ 10,404 10,639 - - - - - - - - 21,043 |
Total 2022 £ 72,868 10,639 6,547 3,713 1,488 1,140 933 (97) 176 371 97,780 |
Total 2021 £ |
|---|---|---|---|---|
| 55,494 7,373 5,208 2,145 854 1,020 615 166 148 5 |
||||
| 73,027 |
3 Transactions with related parties
Mr A. Geers, the CEO of the charity, is regarded as key management and was paid £31,760 (2021: £30,000) and the charity paid pension contributions of £766 (2021: £713).
Movement of funds
| Unrestricted funds General funds Designated funds Bible Game fund Restricted funds Bible Game fund Total funds |
Balances at 31.08.21 £ 47,126 - - 47,126 - - 47,126 |
Receipts £ 73,379 - - 73,379 20,937 20,937 94,316 |
Payments £ (76,736) - - (76,736) (21,043) (21,043) (97,780) |
Transfers £ (7,500) - 7,500 - - - - |
Balances at 31.08.22 £ 36,269 - 7,500 |
|---|---|---|---|---|---|
| 43,769 | |||||
| (106) | |||||
| (106) | |||||
| 43,663 |
The restricted fund holds grants received for the development of a bible game and a small deficit is carried over due to the timing of receipts from grant funding.
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