2021-03-31-accounts - The Grail Foundation Of Great Britain

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THE GRAIL FOUNDATION OF GREAT BRITAIN

ACCOUNTS

YEAR ENDED 31 MARCH 2021

Charity Number: 211305

THE GRAIL FOUNDATION OF GREAT BRITAIN

ACCOUNTS

YEAR ENDED 31 MARCH 2021

CONTENTS	PAGE
Members of the board and professional advisers	1
Trustee’s annual report	2 – 3
Independent Examiner’s Report	4
Receipts and Payments	5
Assets and Liabilities	6
Notes to the Accounts	7

THE GRAIL FOUNDATION OF GREAT BRITAIN

ACCOUNTS

YEAR ENDED 31 MARCH 2021

Trustees	Dr E Umerah (Chairman)
	Mrs J Ellis (Secretary)
	Mrs A Badmus
	Dr F Badmus
	Mr T Cardoso
	Mrs R Lawson (Treasurer)
	Dr O Mba
	Dr P Okojie
	Mr R Robertson
Registered Office	23 Hamilton Road
	Sidcup
	Kent
	DA15 7HB
Accountants	McBrides Accountants LLP
	Nexus House
	2 Cray Road
	Sidcup
	Kent
	DA14 5DA

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THE GRAIL FOUNDATION OF GREAT BRITAIN

ACCOUNTS

YEAR ENDED 31 MARCH 2021

The trustees have pleasure in presenting their report and the accounts of the charity for the year ended 31 March 2021. This report also represents the trustees’ report which is required to be prepared by the Charities Act 2011.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is registered for charitable purposes with the Charity Commission - Charity Registration Number 211305 and is governed by its Trust Deed dated 3 August 1957.

THE TRUSTEES

The trustees who served the charity during the period were as follows:

Dr E Umerah (Chairman) Mrs J Ellis (Secretary) Mrs A Badmus Dr F Badmus Mr T Cardoso Mrs R Lawson (Treasurer) Dr O Mba Dr P Okojie Mr R Robertson

The office of Trustee is subject to a tenure of three years and trustees are appointed according to the Trust Deed and Rules.

All trustees give of their time freely and no trustee remuneration was paid in the year.

The trustees and members serving during the year and since the year-end are detailed on page 1 of this report.

ORGANISATION/STRUCTURE

Due to the limited nature of the charity’s activities, decisions are made by the trustees as needed, when they meet.

PRINCIPAL AIMS AND ACTIVITIES

The principal aims of the charity during the year was to disseminate the Grail Message of Abd-ru-shin “In the Light of Truth” and associated spiritual literature for the benefit of adherents of the Grail Message and the general public, in particular through the:

Establishment of Places of Worship according to the sense of the Grail Message.
Provision of grants to maintain established Places of Worships.
Provision of grants to support the dissemination of the Grail Message and associated literature through:
The advertising of the Grail Message and associated literature in a variety of regional and local publications in England and Scotland.
The holding of free public lectures, in a variety of locations, to make this knowledge more widely available in England and Scotland.

Each year our trustees review our activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on public benefit and its supplementary public guidance on the advancement of religion for the public benefit.

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THE GRAIL FOUNDATION OF GREAT BRITAIN

ACCOUNTS

YEAR ENDED 31 MARCH 2021

REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS

The income of the Grail Foundation comes mainly from private donations from readers of the Grail Message who strive to live according to its teachings and wish to help with its dissemination and not from appeals or any kind of fund-raising activity.

The trustees consider that the activities carried out during the year provide benefit both to adherents of the Grail Message and the wider public. In particular:

Our Places of Worship provide a centre for Worship, Festivals and related activities to adherents of the Grail Message.
We hold seminars and/ or meetings during the year to support adherents who are striving to live in the sense of the Grail Message. These strengthen the moral and ethical framework within which these individuals strive to live.
We have placed a few advertisements in popular publications to promote the knowledge and awareness of the Grail Message and related publications.

RISK MANAGEMENT

The trustees ensure that they meet their obligation to manage the risks relating to the aims and objectives of the charity. There have been no significant risks identified during the year. However, each year the trustees review our activities to ensure they continue to reflect our aims.

RESERVES POLICY

The trustees’ policy is to maintain a level of reserves, which will provide a stable base for its continuing activities while at the same time ensuring excessive funds are not accumulated. Total fund reserves at the end of the year were £217,706 (of which £134,530 were unrestricted fund reserves).

Signed on behalf of the charity’s trustees: Mrs R Lawson Treasurer

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THE GRAIL FOUNDATION OF GREAT BRITAIN ACCOUNTS YEAR ENDED 31 IAARCH 2021 Independent Examlnfjrfs R•port to thfr Tnmtees of th• Gram Foundallon of Great Brltaln I report lo the trustees on my exjninatiL of the of the Gral Fnd311n of Great Britain Ilho charity,) for th8 year ended 31 Marth 2021 the sumrrwy of rec and paymen15 aT the slalement of assds and liabili. repcKt 15 mad8 5018ty lo Ihe charws tru51ees. as a W. in xcordance With Secti 145 of Ihe Charities Act 2011. My WO has been uTrJertaken so that I might slpkn to charivs tru51ees tho¥8 matteT5 1 am required to state to them li this rewt and for no other purpcEe. To the fullest extent pemiitied by law. l thi not accept or assum8 resp(xtsI)ility lo anyone other the charity and the ¢hanty's trustees w a W, for rny worf(. forthis re1. opinions I have I00d. Resporffjlbllltl•s and ba81s of report As the trustees of the charity you lor the weparakn of xcuts in accordance with th8 requirements ofthe Chwilles Pd 2011 (kn Adl. I report in respect of my exaffination of the charW5 cOuntS carried out under seCtn 145 of the Act Kl in Cn9 out my exarrmnation I have fo*)wed all the applKabbe Directn5 given by the Charily Commi5Ston under section 145{5llb) of Ac An independent examination thJes not In galheriThJ all the evKlence that wtyjld be required in an audit and consequerth doe5 not COV8r all the matters thal an aLKlitor ¢ortsKlers in gving they opiThon on the accoLmts. The planniTVJ and conduct ol an audit goes beyorbj Ihe h'miied assurance that an indepéndent examination can provide. Consequently, l express no audit opinion on the and my repcrft 1$ limbted to those specfft rnatters set out in the independent examinefs statement. Ind•pndent examlnfjes statement I have completed my eXarninal. I confwm that no material fflalters have come lo my attention In Connecti with the examination grwng me cause to believe ttwl in any material resW: counting records We not kept in resped of the charty as required by section 130 of the Act.. or the a¢nIS do nol wilh Ihose recon15. I have no concgm5 afKI xross rther mallers Cne¢ll0n with the examination lo whKh attentkyl 5hryJld be drawn in this rep(Yt in to enable a proper Undetandirj of the accOLts lo be reached. Signed.. Name: A WaThen ¢)n behalfof McBride5 ActntarIts LLP Relevant prOfe5stral qualrfication or membership of profes$h bcAlies.' FCA Address: Ne 5 House. 2 Cray Roxl, SMJ¢up. DA14 5DA Date:

THE fjRAIL FOUNDAMON OF GREAT BR[TN FINANCIAL STATEMENTS RECBPTS AND PAYMENTS YEAR ENDED 31 MARCH 2021 Comparative UNRE5711KVED RE5TRKtED FUNDS FUNDS TmlfjFfjB ONLY Tmi thrfe5 TOTPifjF6U+ VNRE5TRlCtED (3r¢*s TNolfjFfjB ONLY TOTALfjFfjB+ Circ5 Toiol (Jrde5 INCOMING RESOURCES Legacies Donation5 Property income Refund- cost of books sold Interest 41.169 4,226 54,370 95,539 4,226 71,443 166,982 4,226 105,908 5,260 59,995 I65.3 5,260 L398 113 402 li 71 71 15 102 TOTAI RE(HPTS 45395 54A41 17L324 IIL266 171674 RESOURCES EXPENDED 6.981 58.961 65.942 76.336 141278 35.7fA 4.694 77.524 Spread of the Me55age Maintenance an(J development ol the Grail Centre Admini5trJtionl Support Legall Consultancy fees Independent E¥amination Utilities and Coun£il tax Office £osts/ stationery 5.740 5.740 5.740 5550 5.550 2,797 960 3,624 589 1,251 15,386 960 3,624 589 3,624 3.691 3.691 SUB TOTAL 20.691 .212 763 157239 66.270 77.524 143.7Y Asset and investment purd)ases 458 TOTAL PAYMENTS 20.691 76,3 157239 66,728 77,524 144J2 Net of re(eipts/payments CASH FUNDS LAST YEAR Gross transfer berween funds 24.704 83,327 67,450 40.581 5.771 87,527 1,420 83,176 18.933 170,854 66,030 123,757 14. 2QJ,621 45.538 135,166 9,850 170354 17.116 40,033 9,850 31767 28.422 175.199 32,767 66,030 93,949 TOTX FUNDS CARRIED FORWARD 217, 203AI 51Page

THE GRAIL FOUNDATION OF GREAT BRITAIN FINANCIAL STATEMENTS STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2021

Categories Details Cash Funds Bank Accounts Grail Circle Accounts Deposit Account TOTAL Funds reconciliation Cash funds at 31 March 2020 Surplus/ Deficitfor theyear Transfer between funds Cash funds at 31 March 2021 Details Other monetary assets Gift aid reclaim Adjustment to Gift aid reclaim Stock(books) Debtors - refund of cost of books Details Assets retained for the Freeholdproperty Charity's own use Furniture,Fixtures,Equipment Details Liabilities Loans Signed on behalf of the charity's trustees Signature	UNRESTRICTED FUNDS RESTRICTED FUNDS Total GFGB ONLY 2021 £ £ £	UNRESTRICTED FUNDS RESTRICTED FUNDS Total GFGB ONLY 2021 £ £ £	UNRESTRICTED FUNDS RESTRICTED FUNDS Total GFGB ONLY 2021 £ £ £	Total Circles UNRESTRICTED TOTAL GFGB + Circles 2021 2021 £ £	Total Circles UNRESTRICTED TOTAL GFGB + Circles 2021 2021 £ £	Comparative	Comparative	Comparative
						Total GFGB ONLY Total Circles TOTAL GFGB + Circles 2020 2020 2020
						£ £ £
Bank Accounts	27,701	36,561	64,262	-	64,262	53,801	-	53,801
Grail Circle Accounts	12,880	46,615	59,495	93,949	153,444	117,053	32,767	149,820
Deposit Account	-	-	-	-	-	-	-	-
TOTAL	40,581	83,176	123,757	93,949	217,706	170,854	32,767	203,621

Gift aid reclaim	16,595	-	16,595
Adjustment to Gift aid reclaim	0	-	0
Stock(books)	19,672	-	19,672
Debtors - refund of cost of books	811	-	811
Details
Freeholdproperty	Unrestricted	420,355	1,063,376	420,355
Furniture,Fixtures,Equipment	Unrestricted	44,343	-	44,343
Details	Fund Amount due (optional) When due (optional) Restricted 21,410 - Redcine Lawson 26-Jan-22 Name Date of approval
Loans	Restricted	21,410	-

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THE GRAIL FOUNDATION OF GREAT BRITAIN FINANCIAL STATEMENTS NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2021

Section C Notes to the Accounts

The unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The restricted funds may only be used for the following specified purposes: - Costs associated with the search and purchase of a new national centre - Grants to individuals or organisations that support the achievement of the charity's objectives	The unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The restricted funds may only be used for the following specified purposes: - Costs associated with the search and purchase of a new national centre - Grants to individuals or organisations that support the achievement of the charity's objectives	The unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The restricted funds may only be used for the following specified purposes: - Costs associated with the search and purchase of a new national centre - Grants to individuals or organisations that support the achievement of the charity's objectives	The unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The restricted funds may only be used for the following specified purposes: - Costs associated with the search and purchase of a new national centre - Grants to individuals or organisations that support the achievement of the charity's objectives	The unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The restricted funds may only be used for the following specified purposes: - Costs associated with the search and purchase of a new national centre - Grants to individuals or organisations that support the achievement of the charity's objectives
Type of activity or project supported Grail Circle activities Grail Circle activities		Individual / institution Individual Institution	Number of grants made £
			17	31,240
			49	100,732
			Total	131,972

If no remuneration was paid during the period to any charity trustee o cross this box(otherwise complete section 3b)		r person connected to a trustee		X
Authority under whichpaid				£


If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)				X
			Number of trustees	£

Nature of relationship	Nature of transaction		Transaction amount (£)	Balance outstanding at period end (£)
None			X


At the meeting on 28 March 2020, The Trustees decided that bank accounts that are held and managed by local Circles will be included in the Financial Statements of the Charity. The bank account balances, and the related income and expenditure transactions are therefore included in the Receipts and Payments and A&L schedules. As this is a change in accounting policy, the prior year comparatives have been restated accordingly.

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