## Carmel Ministries UK Trustees Report and Accounts for year ending 30/4/2024 Registered charity no. 1194400 **Carmel Ministries UK** ## **Trustees Report and Accounts for year ending 30/4/2024** |Legal & Administrative Details|p 3| |---|---| |Report of Trustees|pp 4-5| |Independent Examiner's Report|p 6| |Receipts & Payments Account|p 7| |Statement of Assets & Liabilities|p 8| **Carmel Ministries UK** ## **Trustees Report and Accounts for year ending 30/4/2024** ## **Legal & Administrative Details** Registered Charity No. 1194400 Trustees: Barry Cheesman Barry Richardson Tagaram Ebenezer Sastry Peter Smee Registered Address: 12 Stable Lane Seer Green Bucks HP9 2YT Bankers: CAF Bank Independent Examiner: Roxanne Fox 4 Radley Avenue Silver End Essex CM8 3GJ **Carmel Ministries UK** ## **Trustees Report and Accounts for year ending 30/4/2023** ## **Report of Trustees:** ## Structure, Governance and Management: The Charity was registered in May 2021. Four Trustees were appointed at inception and these continue to serve in this capacity. Details as per page 3. ## Summary of Objectives: The Objects of the Charity are to support the charitable activities of it's partners in India. Funds are granted to support church planting, pastoral ministry, the relief of poverty, education, training and healthcare improvements. There is significant emphasis on investing in projects that increase the wellbeing and life choices of disadvantaged children and young people. ## Activities: During this third year of operation, the Trustees are delighted that the number of regular donors has continued to increase, both individuals and churches. Pastor Ebenezer’s UK trip was a significant contributory factor in this expansion of the Charity’s reach. As a result, donations have once again exceeded those made during the previous year of operation. We are grateful for the generosity of all our supporters who have enabled us to make grants totalling approximately £60,000 in this reporting period. All our grants have been made through our principal Indian partner – Carmel Ministries, Eluru, Andhra Pradesh. Our partner’s Children’s Home has continued to function effectively at an alternative location during the ongoing construction work associated with the rebuilding of the Operational Centre. Once again, significant funds have been allocated in helping to complete this vital work. The new centre was opened in February with much celebration! One new church centre has been completed in a rural village with construction under way on two others. A significant proportion of our funds have continued to be directed toward meeting the tangible needs of those serving with our partner in these rural locations. The Educational projects that we support continued to recover during the year but the Vocational Training College still functions at below full capacity. We are expectant that numbers will continue to increase going forwards. In spite of the present downturn in registrations, our many graduates continue to benefit from gainful employment. ## Risk Management: The Trustees are aware of the need to ensure that donations are spent responsibly and have systems in place that monitor both the award and application of all funds. There is no Reserves Policy as we have no employees or managerial costs. All officers of the Charity are volunteers. Funds are tran8ferred as soon as they become available and when grants have been approved. We consider this report to be an accurate and fair account of the Charity's activities during the 2023-2024 reporting period. On Behalf of Trustees Bary Cheesman (Chair) Examlners Report Jl Independent exaffllners report to trtjstees of Carmel Mlnlstrles tof Receipts and Payments auounts I report lo Ihf trngtpes on my examivatifjn of the accounr% of the Carmel Min151ries17he Trusy) ftrr Ihe yeaT ending 30 Apnl 2024 bl Respon5ibilitles and bas15 Ot report As the charity Iruslees of The Irust you are responsible for the preparatton of the aicounts In 3ccordance of The fharitie5 Act 2011 lThe Act'l I report In respert of my eyamination of the Trust's accounts carried out under section 145 of the 2011 Act and In carrying out my exarnination I have followed all applicable directions given by the Charity Cornrnission under section 14515llbl of The Act Examinerfs ststement I have completed my exarninatfon. I confirm that no rnaterial matters have come to my attention in conFiection with the exarnination in 8ivinE me cause to believe that in any rnaterial respect." accountlng ￿OrdS were not kept in respect of The Trust a5 required by section 130 of The Act, OT the account5 do not accord with those recorils I have no concern5 and have colne 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. Sitned.. Name.. Relevant professional gualifitationlsl.. Addtess." A&LEy Date.. Camièl Current Alc Receipts and Payments kcount For the period from 01 May 2023 to 30 April 2024 35.048.73 27h7T.99 4926.72 40.574.46 In￿tr￿ents 35W&73 $192&f2 49574A6 IM4.40 2,8Wm 37201 eo.885.40 44243.40 20,8B4AO 2,BIIOffjD 37201J)O 14,164J3 (2MOO.N)1 19J2101 1041J2 13,668S41 l¥oss trdnsf£r5 betr￿en IL**.In (>056 tran5fws b8MYenfUi￿S-IHrt 1.762￿) 111,261.011 4.￿.82 4.461n1 11.762MI 4.I*N).QO 16.624.WI 4.WOAX) 16,62&501 13.OUS1 21￿18.Cxj 113.023.511 121.316.001 2.041.32 13fjeQ.941 1fy11.32 13,66BJ41 4,ffj5J2 1163 140c￿l 467&45 2￿4 1262AII 441&95 2374ts3 Jthly 2024 9.3) kwYtlPa> 1 cl 1 Camwl CUrrent￿c StatementotAssets and Liabilrties Ibyfvnd) ts at: 30 Apfil 2024 B•l•nce Prevlous balance Cash Bank In Hand F.. Curront P£count Cannd PasknB 1762.ull 4.678.45 537.Y] Unre5knckn Resth(tsd r