| Page | |
|---|---|
| Trustees'report | 1-2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6-11 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2024 | 2023 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 3 | 71,826 | 102,378 |
| Total income | 71,826 | 102,378 | |
| Expenditure on: | |||
| Raising funds | 4 | 68,090 | 53,178 |
| Total expenditure | 68,090 | 53,178 | |
| Net income and movement in funds | 3,736 | 49,200 | |
| Reconciliation of funds: | |||
| Fund balances at 1 April 2023 | 98,952 | 49,752 | |
| Fund balances at 31 March 2024 | 102,688 | 98,952 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 10 | 19,908 | 1,918 | ||
| Current assets | |||||
| Cash at bank and in hand | 89,880 | 104,134 | |||
| Creditors: amounts falling due within | 11 | ||||
| one year | (2,100) | (2,100) | |||
| Net current assets | 87,780 | 102,034 | |||
| Total assets less current liabilities | 107,688 | 103,952 | |||
| Creditors: amounts falling due after | |||||
| more than one year | 12 | (5,000) | (5,000) | ||
| Net assets excluding pension liability | 102,688 | 98,952 | |||
| Net assets | 102,688 | 98,952 | |||
| The funds of the charity | |||||
| Unrestricted funds | 102,688 | 98,952 | |||
| 102,688 | 98,952 |
| 1.7 | Impairment of fixed assets |
|---|---|
| At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine | |
| whether there is any indication that those assets have suffered an impairment loss. If any such indication | |
| exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment | |
| loss (if any). |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Donations and gifts | 71,826 | 102,378 |
| Donations and gifts | ||
| 3P Ministrie | 42,906 | 85,300 |
| CBN International | 11,832 | 10,180 |
| Banner Communications | 17,088 | 5,918 |
| Other | 980 | |
| 71,826 | 102,378 |
| **Unrestricted ** | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Fundraising and publicity | ||
| Seeking donations, grants and legacies | 30,658 | 21,828 |
| Support costs | 37,432 | 31,350 |
| 68,090 | 53,178 |
| **5 ** | Support costs | ||||||
|---|---|---|---|---|---|---|---|
| Support Governance | 2024 | Support Governance | 2023 | ||||
| costs | costs | costs | costs | ||||
| £ | £ | £ | £ | £ | £ | ||
| Depreciation | 5,097 | - | 5,097 | 480 | 480 | ||
| Telephone | 1,009 | - | 1,009 | 953 | 953 | ||
| Computer costs | 2,107 | - | 2,107 | 2,952 | 2,952 | ||
| Travelling | 11,453 | - | 11,453 | 10,969 | 10,969 | ||
| Bank charges | 252 | - | 252 | 221 | 221 | ||
| Rent | 12,000 | - | 12,000 | 12,000 | 12,000 | ||
| Miscellaneous expenses | 189 | 189 | |||||
| Honorarium | 1,366 | - | 1,366 | 1,632 | 1,632 | ||
| Conference expenses | 4,148 | - | 4,148 | 1,954 | 1,954 | ||
| Independent examination | |||||||
| fee | - | 2,040 | 2,040 | 2,040 | 2,040 | ||
| Legal and professional | - | 127 | 127 | 288 | 288 | ||
| 37,432 | 2,167 | 39,599 | 31,350 | 2,328 | 33,678 | ||
| Analysed between | |||||||
| Fundraising | 37,432 | 2,167 | 39,599 | 31,350 | 2,328 | 33,678 | |
| **6 ** | Net movement in funds | 2024 | 2023 | ||||
| £ | £ | ||||||
| The net movement in funds is stated after charging/(crediting): | |||||||
| Fees payable for the independent examination | of the charity's financial | ||||||
| statements | 2,040 | 2,040 | |||||
| Depreciation of owned tangible fixed assets | 5,097 | 480 |
| 2024 | 2023 |
|---|---|
| Number | Number |
| 4 | 4 |
| Tangible fixed assets | |
|---|---|
| Computers | |
| £ | |
| Cost | |
| At 1 April 2023 | 2,398 |
| Additions | 23,087 |
| At 31 March 2024 | 25,485 |
| Depreciation and impairment | |
| At 1 April 2023 | 480 |
| Depreciation charged in the year | 5,097 |
| At 31 March 2024 | 5,577 |
| Carrying amount | |
| At 31 March 2024 | 19,908 |
| At 31 March 2023 | 1,918 |
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Accruals and deferred income | 2,100 | 2,100 | |
| **12 ** | Creditors: amounts falling due after more than one year | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Other creditors | 5,000 | 5,000 |
| **At ** | 1 April | Incoming | Resources | At 31 March | |
|---|---|---|---|---|---|
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | ||
| General funds | 98,952 | 71,826 | (68,090) | 102,688 |
| **13 ** | Unrestricted funds | (Continued) | |||
|---|---|---|---|---|---|
| Previous year: | At 1 April | Incoming | Resources | At 31 March | |
| 2022 | resources | expended | 2023 | ||
| £ | £ | £ | £ | ||
| General funds | 49,752 | 102,378 | (53,178) | 98,952 |
| **Amounts owed to ** | related | |
|---|---|---|
| parties | ||
| 2024 | 2023 | |
| £ | £ | |
| Key management personnel - Trustee | 5,000 | 5,000 |