Charity number: 1195971 Company number: CE026782 Crimson Cord Ministries Unaudlted Receipts and Payments Account for the year ended 31 March 2025
Crimson Cord Ministries CONTENTS Legal & Adm inlstrati)n tktaits Trustees, Unaudited Receipts and Pawnents knunt Note5
Crimson Cord Ministries Legal and Admlnlstratlon Detslls for the perlod year 31 March 2025 Charlty r•glstratlon numb•r 1195971 Tru•tqes AJGott A Tawor K Bullock Bankers Lloyds 8ank Hc 16 Market F4ace (Jdham OLI IJG Prlrt¢lp•l Offl¢e The Corbrldge Business Centre Suite 2 rinklers Bank Corbridge NE45 5SB Page I
Crimson Cord Ministries Report of the Trustees for the year ended 31 March 2025 The Trustees have pleasure in submltting their annual report together with the unaudited accounts of the charty for the year ended 31 March 2025. Admlnlstr•tlon Detalls structure, Governance and Management Crimson Cord Ministries is a charrtable incorporated organtsation whlch was regL8tered on 29th September 2021. The head office is In cOrbr9e, NorthumberlarKI. The Trustees meet at teast four tlmes in each year and deal w]th the admlnistrauon of the charty overseeln9 f inanck31 accOuntabty, rsk management and any other admInistrate business. The operational management of the Organisatn iq also undertaken by the Trustees and volunteers since is newly formed and there are weekly caus between the Trustees regarding our ongoing support to the needy. ObJectlve# and Actlvltlex The objectives of Crimson Cord Ministries are, for the public benef it, the promOtn of the Chrtstk4n acts by, but not limtted to, relievlng, erther generamy or indNidualty. persons who are In immediate need or assistance due to being in danger or exposed to harm of heah or at risk: physicalty, mentaVemotional/sexualty and who are wi conditrjns of need. hardship or dtstress. Supporting men, women (in partkular} and vulnerable Chlren in U.K. and also international as we grow. ActNity has been on a small Sca due to Cromson Cord MinistrEs having limited funds and manpower but we hope that in 2026 we will attract domrsldonations to increase our impact on the public benefit. Currently Trustees Kathleen 8ulkxk and Rachel Gott have been the main charlty donors giving Out of thelr own private funds, going forward we hope to start promoting the charty and seeking other donors which will increase our actNty and our complkince to its goals. We continue to issue small furmds /grants to indNiduals and charty status organisations. In addition to offerlng f inanclal sUPPOrt, Crimson Cord Ministrles has a goal to raise enough f unds to purchase or purp0se-bud 'safe houses, acros5 U.K. offering short-term accommodat)n to indlvidua15 and familles who are in danger and need immediate sanctuary. We would also like to h)ok into being a potential asylum provider f or international asylum seekers and wlll be researching how this works wth the UK government. Publk Beneflt ststements The Trustees have had regard to the Charty Commssion's gUanCe on their 5egal duty on public benefit and are satisfied that that the Charty delivers put4K benefit. due regard is to the gukjance on public benef it when decKling on what new projects the charty sIukI undertake. Polky on Gr•nt Maklng The Trustees declde to whom it w1 provide grants taklng t0 con5ideratKJn the fok)wlng'. If the person is in immediate need of funds If they are in danger of domestic abuse. physlcal harm. mental abuse or sexual harmlexploitatsLNI The Trustees will assess each case irKINidually as to whether a grant applicatw)n be successf ul. Page 2
Crimson Cord Ministries Report of the Trustees for the year ended 31 March 2025 Achlevemefrts and Performance CCM is Still at an early Stage in the charty's Journey but it continues to make small dOnath)r that make a signrficant drfference to a number of charities and Indlviduals. The Trustees are occupEd in f ull-time work, so their ts.me s limrted. We are currenuy researching grants and donors such as corporatw)ns wth socfial responslbillty goals such as John Lewts, Co-op, Ford Motors etc., aswell as local authorttles who have capacty buikjing grants to assist small charths like CCM WFth CCM'S website content being re-aJned arKI centred on helping community and Social responsibilty. we beIve we can tap donors who have a budget in this area who may wish to be a partner in the f uture- aswell as appeal to individual donor5. With this inltiative. we hope we will build finance to develop the charty with outreach programmes that benefFt the communty and women and famil*s golng through hardship. CCM operates from a small office in CorbrKlge Northumberland where it wdl be expandlng to include a management team to asslst In the day to day running of the charty. Page 3
Crlmson Cord Ministries Report of the Trustees for the year ended 31 March 2025 Flnanclal revlew Income during the year amounted to £1,995 and was largety derived from donats'ons received for the Trustee5. Expenditure amounted to £2,323 for the year and was k4r9ety attrlbutable to grants paKI to those in need. Charlty'$ Reserves The charty holds reserve funds with Lloyds Bank. Charlty's Prlnclpal Source of Funds The Trustees have been donating sman amounts during 2024 however we win be actrvely startlng to promote the charty in mid-2025 and hope to have more donors and successful grant applKati)ns wlth more established charitrs. Prlnclpal Rl¥ks The Tnjstees are currently time poor and need to recnjlt more peOe to enable the Charity to reach Its goals. Inductlon, Tralnlng and Recrultment of T$t• Founder Rachel Gott has much experience in recrultment havng worked at senr level in a manning provhder busine5S. Our methods of sebertK)n are based upon the needs of the organisatK)n and experience that Individual can brlng to the table. For our reference and guldeline. the Institute of Chartered seCretars and Admin15trators {ICSA) and the National Council for Voluntary OrganisatK)ns (NCVO) produce model role descriptions fcf charity trustees. rr ICSA also produces role descript)n5 whh are specff for chairs, secretaries and treasurers ¢ charitles. The National OccupatM)nal Standard5 forTrustees arKI Management Committee members can also be a useful tool for drawing up a job description. whh we will use as a guideline when needed. Overview of recrultment process: Post Job on website and online job site5 rf requed (eg Llnkedln) ApplicatKJns receivedlinitial screening Review Cvlwork experience in detail to See rf they match against job description Assess if candidate will have a certain commitment Ve1 to Crimson Cord Ministr5 We telephone to discuss role, and Issue job deScript)n Interview either f ace to f ace or Zoom References checked, DBS verrfied Appointed Induction and polky /tralniThJ Page 4
Crimson Cord Min•stries Report of the Trustees for the year ended 31 Plarch 2025 Current Trusteeg Both Amanda Taylor and Rachel Gott have worked in charltable Chrlstian International organlsatlons. Arn¥a Taylor has prior accountlng WO expedence and Rxhel Gott has wored as an admlnlstratorfor a church n Odando and Hope House, Sunderland previously. Kathleen has excellent adm Inlstratwe experien havr worked at senior level in a global crUrnert organisats.on doiNJ payroll and bOokkee'n9lacCOuntIng. She has worked wrth many diverse orgarmsations and is m ulti-talerted, with a skill-set ideal for Crimson Cord MinistrE5. Rachel is currently working vrfith a ac in Tovler Hamlets to assist in bullding capacity and she wlll use this vital learning cUe to 5etCarf for gmwth. All three Trustees are Christwn and have a compas%onate nature tr) he people. A diverse board is more likety to contain a broaderrange of skllls. knowledge and experlence than one whrh more narrowly based. AJI Trustees were interviewed by founder and have worked wrth and known for many years. Each Trustee understands our policies on Chlld protection and worknng WFth the vulnerable youngladults. To ensure this: StaFf Aare ne 55 All staff are made awa ofthis policy as part of their initial induction prncess and there wl be gUlar briefings and updates for all staff. Where necessary or possible. staff will be encouraged to attend appropriate training courses. Rpv •¥N'IDo the PillL and P"ocedure'. The policy and procedwe wll be revwed every year, this v4ill incbje checking teletthone numbers. accuracy of personnel detalts. and any updates requlred by a change In local or national policy. Ongoing training or brlng expertlse In wlll looked at reflectlng the needs of the chadty. It may be we need to hlre counsellors In the future for example. Statém•rtt of th• T$t• R•sponslbllltles The Trustees declare that they have approved the trustees report above. Slgned on behalf of the Trustees Rachel J. Gott RJGott Chaiman 151h January. 2026 Date: je5
Crimson Cord Ministries Unaudlt¢d Recelpts and Payments Account for the year ended 31 March 2025 UnYe•trkted Rertrfcted funds funds 2025 2025 Total funds 2025 Total fvnds 2024 R•c•lpt• Donatn$ 1.995 1.995 3,274 Total R•c•lpts 1,995 1,995 3.274 Payments Costs ofgenerating fvnds.. Grants Payable Rent Computer costs Bank charges Accountancy Fee Travelling 1,600 2.160 310 120 540 2,160 163 2.160 163 2.323 2.323 4,730 Ass•t and Inv•stm•nt puv¢h•s•• Purchase of assets Total Payment• 2.323 2.323 4.730 r4•t of (paym•nts)Iv•c•lpts (328) (328) (1,456) P4et Movement In fund• for th ye•r (3281 {328) (1,456) Cash funds at last year end S09 509 1,965 C•h funds at th1¥ ye•r end 181 181 509 Page 6
Crimson Cord Ministries Notes to The Unaudlted Accounts for the year ended 31 March 2025 Cash Fundg held and &•Met$ Retsln•d for th• Ch•rlty's u•e Unre•trlcted Rertrlct Total Funds 2025 Tc¢al Funds 2024 Fund% Fund Ca•h Funds Cash in hand Uoyds Bank Account 181 181 509 181 181 509 Ast Ret•ln*d for Ch•rlty'$ U Computer Equlpment 664 664 664 Total Amets R•taln•d for Chartv 664 664 664 Slgned on behaw of the Trustees RJGott Date .15.01.2026.............................. Page 7
Crimson Cord Mlnistries Notes to The Unaudlted Accounts for the year ended 31 March 2025 Unrestrlcted Re¥erve B•l•nc• at Incomlnq R•sourc•s Tr•nsfern B•l•n¢e Jt 31sI March r••ouw •xp•nded Inlout 31 March 2024 2025 General Funds 509 1.995 (2,323) 181 509 1.995 (2.323) 181 Page 8