ICFEM DREAMLAND MISSION UK Regirtered Charfty Numbex 1197661 Trustees, Annual Report For the yaar ending 31st March 2023 Annual Report ear endin 31st March 2023. for the l. Charity Registration and Trustees ICFEM DREAMLAND MISSION Is a UK register&J d)arity, registration number 1197661 The principal Offi￿ of tr* Charity is 12 Ath Grove. Rcde Heath, Std(e on T￿n( Stsffs, sf73TD During the year, the following ser¥ed as Trustees: Rev'd. Laurie S. Bum - SafegLbarding Offi￿r Mr. Andrew J. Comth - Chairman Mrs. (Dr.) H. Jane Daniell Very Rev'd. Mithael R. Kelrfe Mr Peter J. Latham - Treasurer Mrs. (Dr.) Rebecca L Nightingale Rev. Fi Martin D. Oram - Seuetsry Mrs (Dr.) Philippa Simkiss The Chair is Mr. Andrew Gynish, apw)inted on 5th Septanber 2020. The Charivs banker was HSBC, 141 High Stree¢8eCk￿harn, Kent BR3 IBX. Spedal Not•: The Charltles Commlsslon ￿rtI￿rfIQd IApp•th q. the transler of assets and Il•bllltI￿ ol l¢FEM Mlsslon EU (number 1107Q381 to thls CIO- ICFEM DREAMLAND MISSION {numb•r 11976611. The Trustees were UbKharyd and dedded th8t for ease of finandal reportlng that change would tske effert from tsl Aprfl 2023. the start of the followlng flnandal y•ar. There Is therefore no actlvityto report for the period endlnz 3111 March 20U Report and accounts have been filed under IcFEM-Misslon EU (number 11070381 This Annual Re[￿ vms approved by the Trusttts on 20th May 2023 and signed on their behalf by: ftPeeNJoix c. To audwrise th8 ofa580ts and kith.r￿leS 8fKI the granling (rf an irbJ8mnlty ICFEII. MISSION (EUROPEI: 1107038 ICFEM DREAIILAND IISSION: 1197661 Ann Mart• Gr￿1￿9 Ch¥rtty Commission Cose NumtEr. C- 046636 1. In thls ￿der. means ICFEM- MISSION (EVROPEI 1107038 Ih8 Cl(Y mèans ICFEM DREAMLAND MISSION: 1197661 'IlabilW propthty extknjes any ligbllllies ari*ThJ frcAn any negli￿nCe, unlnoJrForated charty 2. 8eing satisfied thèt it rJ expgdi8nt in th8 nterests of thariti88, the Commisskn auth)nses the tnthes of the uninwratsd ¢*arbty to transferth assets and liabilib8s of the unincorporaled charity to th8 CIO and the CIO to re￿1ve thom. wovmjed thaL 8t the wnt oftransfvr. the value of the tr8nsferrlng assets èxco•Js th8 vthe of ary tra￿ Ikbllttl88. 3. Belng 88Usfied that it b exped￿l In the Interests Oltr￿ CSO, the Commissl aU￿￿￿Se$ the CIO to grant an irnlomnty to the tnffjt￿ of ts uiMnDNp chaTity prwdgd that irKlemnlty is limited to.. lal Ilabilth'88 propety incurred ty biJste88 cl thg UnYKw[￿el8d charfty adng ￿ their Ca[￿ 88 8uch." and {b} the vath of tho assets translerrnd by the ¢he￿Y to Ihe cio. fteferen￿ Number. 0459r2223 Case Number. C- (ble￿38 **UK Registered Charity Number 1197661** ## **Statement of Financial Activity (SOFA)** ## **Year ending 31st March 2023** ## **Special note:** **The Charities Commission authorised (see Appendix), the transfer of assets and liabilities of IcFEM Mission EU (number 1107038) to a CIO - ICFEM DREAMLAND MISSION. The Trustees were unchanged and decided that for ease of financial, reporting that change would take effect from 1st April 2023, the start of the following financial year. As such there is no financial activity in this financial year.** **The first set of accounts will be filed for the year ending 31st March 2024.** **----- Start of picture text -----**
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## **IcFEM DREAMLAND MISSION Statement of Financial Activities For the period from 01 April 2022 to 31 March 2023** ||**Unrestricted**
**funds**
**Restricted**
**Funds**
**Endowment**
**Funds**|

**IDFEMDREAMLAND**
**MISSION 2022-3**|| |---|---|---|---| |**Incoming resources**
**Notes**
Incoming resources from generated funds
Voluntary income
2a
Investment income
2b
Other incomingresources|||| |**Total incoming resources**|||| |**Resources used**
Cost of generating funds
Cost of generating voluntary income
3a
Charitable activities
3c
Governance costs
Other resources used
3d|||| |**Total resources used**|||| |**Net incoming resources before transfers**|||| |**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
Gains/ (losses)on revaluation ofportfolio|||| |**Net movement in funds**
**Reconciliation of funds**|||| |**Total funds brought forward**
**Total funds carried forward**|||| All profits and losses have been accounted for on an historical cost basis ## **Balance Sheet as at 31st March 2023** |**Current Assets**
01
Current Bank Account
03
Western Union Holding Account
04
Investment Portfolio - value at 31st March
Z05
Accounts Receivable - Gift Aid
**Total Current Assets**
**Liabilities**
6699
Agency collections
**Total Liabilities**
**Net Asset surplus (defecit)**
**Reserves**
Excess / (defecit) to date
Z06
Revaluation reserve - portfolio
Z01
**Total Reserves**
**Represented by Funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|**As at 31/03/2023**|| |---|---|---| |||| |||| |||| |||| |||| |||| |||| Page 4 **Notes to the Accounts for Period Ended 31st March 2023** ## **1. Accounting Policies** a) The accounts have been prepared in sterling under the historical cost convention and in accordance with “Accounting & Reporting by Charities” SORP 2015. b) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when received. c) Donations arising under Gift Aid together with the tax recoverable thereon are accounted for when received and provision made for tax unclaimed at the year end. d) Expenditure is taken into account when payment is made. There are no tangible fixed assets. Small items of fixed and moveable equipment are written off as the expenditure is incurred. e) Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets certain criteria is identified to the relevant fund. Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds. f) Transfers between funds arise when postings are corrected or general income allocated to projects. g) Investment portfolio ## **2. Incoming resources** |a)
**Voluntary income**
Income from individuals
Income from organisations
MTC Strover legacy - Shares and cash
note
Tax reclaimed money
**Voluntary income sub-totals**
b)
**Investment income**
Income from investments
Portfolio
**Total incoming resources**
**3. Resources used**
**a)**
**Costs of generating voluntary income - U.K. Office**
Insurance
Communications
Computer equipment
Consumables
Travel - DMH Management
5a
UK Salary costs
5a
**b)**
**Fundraising**
Many activities and campaigns took place during the year.
**c)**
**Charitable activities**
Kenya travel
5b
Financial charges
Grants to IcFEM Kenya
Appendix A
Equipment for Kenya - note 4 and
Appendix A
**d)**
**Governance costs**
Audit fee re IcFEM Mission EU 2022-3
Professional services - Legal & Miscellaneous
**Resources used**|**Unrestricted**
**Designated**
**Restricted**|**2022-23**|| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ## **Equipment and services purchased for Kenya** **5. Staff and Trustees** a) Trustees are unpaid and claimed no out of pocket expenses . b) No visits from Kenyan staff. **6. Debtors** HMRC - Gift Aid recoverable at year end. **7. Creditors** None **8. Investments** The portfolio was revalued at the year end and showed a small increase. In addition the income on the portfolio was 4% Page 5 ## **Appendix -A** |**Grants to Kenya (including equipment shipped)**
General fund
Ann Lipson memorial laboratory
DEC Scholarship Fund, Restricted
DMCC Staff Salaries & Training, Restricted
Dreamland Education Centre development, restricted
Dreamland Medical Centre development, Restricted
Evangelism and leadership mini, Restricted
Tree project
Higher Education Sponsorship, Restricted
ROPE Eye clinic set up and surgery
ROPE Orthopaedic clinic set up and surgery
School sponsorship students, Restricted
Schools extrernal
Staff salaries and training, Restricted
Bees Project
Legacy income
**APPENDIX - B**
**Fund balances**
General fund, Unrestricted
DEC Scholarship Fund, Restricted
DMCC Staff Salaries & Training, Restricted
Dreamland Education Centre development, restricted
Dreamland Medical Centre development, Restricted
Evangelism and leadership mini, Restricted
Trees for Life project
Bees project
Higher Education Sponsorship, Restricted
Chfristmas appeal
MTC Strover Cash Legacy
Rope clinics
Project Possible
School sponsorship students, Restricted
Schools external to IcFEM, Restricted
Staff salaries and training, Restricted
AG Lipson Legacy income
Investment Portfolio - AG Lipson and MTC Strover legacies
investment Portfolio - revaluation reserve|**Unrestricted**
**Designated**
**Restricted**|**2022-3**|| |---|---|---|---| ||||| ||||| ||||| ||**Unrestricted**
**Designated**
**Restricted**|**2022-3**|| ||||| Page 6