Carn]el Ministries UK Trustees Report and Accounts for year ending 30/4/2025 Registered charity no. 1194400
Carmel Ministries UK Trustees Report and Accounts for year ending 301412025 Legal & Administrative Details R¢port of Trustees pp 4-5 Independent Examiner's Report Receipts & Payrnents Account Statement of Assets & Liabilities
Carn]el Ministries UK Trustees Report and Accounts for year ending 301412025 Le al & Administratii'e Details Registered Charity No. 1194400 Trustees: Barry Cheesman Barry Richardson Tagaram Ebenezer Sastry Peter Smee Registered Address: l ? Stable Lane Seer Green Bucks HP9 2YT Bankers: CAF Bank Independent Examiner: Roxanne Fox 4 Radley Avenue SilN'er End Essex CM8 3GJ
Carmel Ministries UK Trustees Report and Accounts for year ending 301412025 Report of Trustees: Structure Governance and Mana emenl: The Charity was registered in May 2021 . Four Trustees were appointed at inception a.nd these continue to serve in this capaciry. Details as per page 3. of Ob ectives: The Objects of th¢ Charity are to support the charitable activities of its partners in India. Funds are granied lo support church planting. pastoral minislry. the relief of pol'erty, education, training and healthcare improvements. There is significani emphasis on investing in projects that increase the M'ellbeing and life choices of disadvanlaged children and young people. Activities: During this fourth year of operation. the Trustees are delighted that the number of regular donors has continued to increase. both indii'iduals and churches. Donations hai'e once again excceded those made during the previous year of operation amowiting to approx. £67,000. We are grateful for the generosity of all our supporters who have enabled us lo make life changing grants in this reporting period. We ackn0.1edge especially, a legacy from the estate of Sandie Maxworth. All our grants have been made through our principal Indian ptner- Carn]el Ministries. Eluru, Andhra Pradesh and these amounted to approx. £38.000. Due to banking ditriculties, we ended the year w'ith a higher balance than anticipaied. HoweN'er. a signiflcant proportion of this balance is already approved for overseas transfer. The Carmel Children's Home has now relocated to its original home following esseniial improvements (new girl's toilets) to the facilities offered. The work with needy children is being expanded in the coming year with a commitment to feeding and educatino 50 'at risk. children from the local slum. During Pastor Ebenezer's recent UK trip, we were grateful that a significant number of child sponsors wne forward to resource this new venture. Four new church plants were sLqrted this year and thr¢e new church centres have been complcted in nwal villages 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. Four grdduating students from the Bible College have tsken up posts within the organisation and are working alongside senior pastors. The Educational projects that we support have had higher numbers during the year and we have been pleased to learn of the ever-increasing repulation of these projecis which has led to an increasing number of employment opportunities for the graduating students.
Registrations for ihe coming year are encourngingly high with local officials inviting us to add an additional course in veterinary science this coming year. Risk Mana emenl: The Trustees are aware of the need to ensure thai donations are spent responsibly and have systems in place that monitor both the award and application of all fund5. There is no Reserves Policy as we have no employees or managerial costs. All oftTicers of the Charity are volunteers. Funds are transfeed as soon as th¢y bccorne available and when grants have been approved. We consider this report to be an accurate and fair account of the Charity's activities during th¢ 2024-2025 reporting period. On Behalf of Trustees Barry Checsman (Chair)
I report to the trteeS on my e¥amination of the of the Carmel Mlnistrle5 (Tr TrusVI for the year efid1 30 Wil 2025 b) Respwslbllllles •nd b•sls ol repixt As the charity trustees of The Tnt are reSnSible for the preparntiofi of the a¢tounts in accordan ofThe Chafittes Act 2011 lThe ACVI I report In respett of my exarnlnatlon ofthe Trusfs accounts carrled out under sectknn 145 of the 2011 Art arrfl in cafryiry oui my examination I ha¥e followed all akable directions given by the Charity C(xnmi55ion under Section 14515Mbl ofThe Act I have completed my examination. I confirm that material matters have come to my attention ID connection with the examination Trn giviTh8 me cause to believe that in any material respect: l. accounti records wefe kept in re5pert ofThp T(1 as requlred by section 130 of The 2. the accounts th) not with t1 records I have concerns and have come across no other rnatters in connection with the examination to which attention should be drawn ID this report in order to embk a proper understandiw of the accounts to be reached. Sl8ned: Name: Relevant profeswnal quafrfKationl51: Addw ¥ 3oJ
Tot•1 G1•1 D8slgn•l•d Re¥trlct•d Endowmènt Th1• p•r La•t y>ar natlons and loy¢le¥ 44n75 97175 a15T. 22,157.50 s7,125 62B26.r 67,130.25 62.916.72 Donatlon8 and lègac Total• In¢omD from ¢harilabl• •ctlvlll•• In¢ollv• from charll•bl• xtfvlllo Totds oth•r trading acllvltkns ixhor tradlng •GtlviU•s Totas Inv••tm•nts In¥o•tnnts Tota Cxhor In¢omo Other In¢omp Tot•l8 449TL75 21110 67,13025 61926.72 Paynwnts Ral¥ln9 fund¥ Rlng Total• Eyndllur• on ¢harltabl• ¢tl¥ltl•• 38.075ffi &)08SAO 075.65 60.88SAQ FJpondllur• on eh4rft•bh •ctl¥lll•s Tolal• 487&85 1Xr •xp•ndlturg Olh•r oxp•ndliur• Totsls WS.65 S.6Wm a6rAb 38P7&65 80,885AO
Stat•mrtofPASOts and LknblS11È8 (by fu As •t 304x1 2025 Blnc• Pr•vious balanc CJ5h Pl Bank In Hand 17.) (762J)I 2475D 31470.55 4,41&95 C••h A B•nkAnd In Hand 33A70. 441S.•S Crnd T4)tal 33N70.8S 4A15.95