**CHARITY REGISTRATION NUMBER: 1198816** 

## **Faith Ministries Rwanda (UK)** 

## **Unaudited Financial Statements** 

# **31 December 2023** 



## **Faith Ministries Rwanda (UK)** 

## **Financial Statements** 

## **Year ended 31 December 2023** 

||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**3**|
|Statement of financial activities|**4**|
|Statement of financial position|**5**|
|Statement of cash flows|**6**|
|Notes to the financial statements|**7**|





## **Faith Ministries Rwanda (UK)** 

## **Trustees' Annual Report** 

## **Year ended 31 December 2023** 

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2023. 

## **Reference and administrative details** 

**Registered charity name** Faith Ministries Rwanda (UK) **Charity registration number** 1198816 **Principal office** 22 Deer Hill Grove York YO30 4UE **The trustees** Mrs Jean Dawson Mr Adrian Fuller    (Treasurer) Mrs Marion Gready Mr Andy Goodwin  (Chairman) **Independent examiner** Mr Stephen Douglas FCA Old Joiners Cottage Marton York YO62 6RD 

## **Structure, governance and management** 

Faith Ministries Rwanda (UK) was established as a Charitable Incorporated Organisation (CIO) and was registered on 4th May 2022. The CIO's registered Charity number is 1198816. The CIO is administered by the Charity's trustees who are named above. 

## **Objectives and activities** 

The objects of the CIO are: 

(1) The prevention or relief of poverty in Sub-Saharan Africa by providing funds, items, and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty. (2) To advance the Christian faith in such parts of Sub-Saharan Africa or the world in such ways as the trustees may from time to time think fit. 

**1** 



## **Faith Ministries Rwanda (UK)** 

## **Trustees' Annual Report** _**(continued)**_ 

## **Year ended 31 December 2023** 

## **Achievements and performance** 

The current aim of the charity is to raise funds to support Charles and Juliet Semwaga and Faith Ministries Church in their work in Rwanda. 

Two trustees and one supporter visited Rwanda in March 2023. It was very encouraging to see the progress made on Mayange nursery school a project the charity is raising funds to build. Walls and roof steels were in place at the time of the visit. 

At the end of 2023 further progress had been made which included the completion of the roof, plastering internal walls, rendering outer walls and drainage installed. 

The charity secured funding from Clifton Parish Church and saw an increase in donations from individuals. 

A number of successful craft sales were held contributing to fund raising. The trustees are grateful to our supporters who made the crafts to sell. 

The Charity also held a launch event at Clifton Parish Church in March 2023, including an African meal and music, and a report back on the visit earlier in the month. 

## **Financial review** 

The Charity’s bank account was finally opened in January 2023. 

Donations totalling £5,456 and sales of goods income amounting to £768 were received, making a total income of £6,224 for the year. £5,600 was sent to Charles and Juliet Semwaga to enable charitable work in Rwanda and costs of £322 were incurred, comprising bank charges, insurance and overheads at the sale of goods event. The resulting surplus for the year amounted to £302 (2022 £530) 

The trustees' annual report was approved on 14[th] March 2024 and signed on behalf of the board of trustees by: 

Mr A P Fuller Trustee 

Mr A Goodwin Trustee 

**2** 



## **Faith Ministries Rwanda (UK)** 

## **Independent Examiner's Report to the Trustees of Faith Ministries Rwanda (UK)** 

## **Year ended 31 December 2023** 

I report to the trustees on my examination of the financial statements of Faith Ministries Rwanda (UK) ('the charity') for the year ended 31 December 2023. 

## **Responsibilities and basis of report** 

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 

2. the financial statements do not accord with those records; or 

3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination. 

I have no concerns and have come 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. 

Stephen Douglas FCA Independent Examiner 

Old Joiners Cottage Marton York YO62 6RD 

**3** 



## **Faith Ministries Rwanda (UK)** 

## **Statement of Financial Activities** 

## **Year ended 31 December 2023** 

|||**2023**|2022|
|---|---|---|---|
|||**Total funds**|Total funds|
||**Note**|**£**|£|
|**Income and endowments**||||
|Donations and legacies|**4**|5,456|3,974|
|Charitable activities|**5**|768|672|
|||`───────`|`───────`|
|**Total income**||6,224|4,646|
|||`═══════`|`═══════`|
|**Expenditure**||||
|Expenditure on charitable activities|**6,7**|5,922|4,116|
|||`───────`|`───────`|
|**Total expenditure**||5,922|4,116|
|||`═══════`|`═══════`|
|||`───────`|`───────`|
|**Net income and net movement in funds**||302|530|
|||`═══════`|`═══════`|
|**Reconciliation of funds**||||
|Total funds brought forward||530|–|
|||`───────`|`───────`|
|**Total funds carried forward**||832|530|
|||`═══════`|`═══════`|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

**The notes on pages 7 to 9 form part of these financial statements.** 

**4** 



## **Faith Ministries Rwanda (UK)** 

## **Statement of Financial Position** 

## **31 December 2023** 

|||**2023**|2022|
|---|---|---|---|
||**Note**|**£**|£|
|**Current assets**||||
|Debtors|**10**|–|500|
|Cash at bank and in hand||832|330|
|||`────`|`────`|
|||832|830|
|**Creditors: amounts falling due within one year**|**11**|–|300|
|||`────`|`────`|
|**Net current assets**||832|530|
|||`────`|`────`|
|**Total assets less current liabilities**||832|530|
|||`════`|`════`|
|**Funds of the charity**||||
|Unrestricted funds||832|530|
|||`────`|`────`|
|**Total charity funds**|**12**|832<br>`════`|530<br>`════`|



These financial statements were approved by the board of trustees and authorised for issue on 14[th] March 2024 and are signed on behalf of the board by: 

Mr A P Fuller Trustee 

Mr A Goodwin Trustee 

**The notes on pages 7 to 9 form part of these financial statements.** 

**5** 



## **Faith Ministries Rwanda (UK)** 

## **Statement of Cash Flows** 

## **Year ended 31 December 2023** 

||**2023**|2022|
|---|---|---|
||**£**|£|
|**Cash flows from operating activities**|||
|Net income|302|530|
|_Changes in:_|||
|Trade and other debtors|500|(500)|
|Trade and other creditors|(300)|300|
||`────`|`────`|
|Cash generated from operations|502|330|
||`────`|`────`|
|Net cash from operating activities|502|330|
||`════`|`════`|
|**Net increase in cash and cash equivalents**|502|330|
|**Cash and cash equivalents at beginning of year**|330|–|
||`────`|`────`|
|**Cash and cash equivalents at end of year**|832|330|
||`════`|`════`|



**The notes on pages 7 to 9 form part of these financial statements.** 

**6** 



## **Faith Ministries Rwanda (UK)** 

## **Notes to the Financial Statements** 

## **Year ended 31 December 2023** 

## **1. General information** 

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 22 Deer Hill Grove, York, YO30 4UE. 

## **2. Statement of compliance** 

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. 

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared on the historical cost basis. 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Going concern** 

There are no material uncertainties about the charity's ability to continue. 

## **Fund accounting** 

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. The charity currently has only unrestricted funds and these financial statements are prepared on this basis. 

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. 

## **4. Donations and legacies** 

||**Total Funds**|Total Funds|
|---|---|---|
||**2023**|2022|
||**£**|£|
|**Donations**|||
|Donations - Clifton Parish Church|2,000|2,000|
|Donations - opening balance 4.5.2022|–|1,411|
|Other donations|2,411|563|
|Donations by monthly standing order|1,045|–|
||`───────`|`───────`|
||5,456|3,974|
||`═══════`|`═══════`|



**7** 



## **Faith Ministries Rwanda (UK)** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2023** 

## **5. Charitable activities** 

|||**Total Funds**||Total Funds|
|---|---|---|---|---|
|||**2023**||2022|
|||**£**||£|
||Sale of goods|768||672|
|||`════`||`════`|
|**6.**|**Expenditure on charitable activities by fund type**||||
|||**Total Funds**||Total Funds|
|||**2023**||2022|
|||**£**||£|
||Faith Ministry in Rwanda|5,922||4,116|
|||`═══════`||`═══════`|
|**7.**|**Expenditure on charitable activities by activity type**||||
||||**Total funds**|Total Funds|
||||**2023**|2022|
||||**£**|£|
||Faith Ministry in Rwanda||5,922<br>`═══════`|4,116<br>`═══════`|



## **8. Staff costs** 

The average head count of employees during the year was Nil (2022: Nil). 

No employee received employee benefits of more than £60,000 during the year (2022: Nil). 

## **9. Trustee remuneration and expenses** 

No remuneration or benefits were paid to any of the Trustees. 

## **10. Debtors** 

|||**2023**|2022|
|---|---|---|---|
|||**£**|£|
||Other debtors|–|500|
|||`════`|`════`|
|**11.**|**Creditors:** **amounts falling due within one year**|||
|||**2023**|2022|
|||**£**|£|
||Sundry Creditors|–|299|
|||`════`|`════`|



**8** 



## **Faith Ministries Rwanda (UK)** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 31 December 2023** 

## **12. Analysis of charitable funds** 

## **Unrestricted funds** 

||**Unrestricted funds**|||||
|---|---|---|---|---|---|
|||At 1.1.23|Income|Expenditure|**At 31.12.23**|
|||£|£|£|£|
||General funds|530|6,224|(5,922)|832|
|||`════`|`════`|`════`|`════`|
|||At 4.5.22|Income|Expenditure|At 31.12.22|
|||£|£|£|£|
||General funds prior year|–|4,646|(4,116)|530|
|||`════`|`═══════`|`═══════`|`════`|
|**13.**|**Analysis of changes in net debt**|||||



||At|1.1.23|Cash flows|**At**|**1.12.23**|
|---|---|---|---|---|---|
|||£|£||**£**|
|Cash at bank and in hand||330|502||832|
|||`════`|`════`||`════`|



**9**