| Charity number | 252872 |
|---|---|
| Governing instrument | Declaration of trust dated 22 May 1967 |
| T r u s t e e s | Kingsley Armstrong |
| Andrew Paget | |
| John Addison | |
| Michael Saffery | |
| Benjamin Stirling | |
| Kelton Black | |
| Simon King | |
| Principal address | 25 Friars Close |
| North Allerton | |
| DL6 2FA | |
| Independent Examiner | Luke Howson MAAT |
| Finansure Limited | |
| 2 Sheppard Street | |
| Brymbo | |
| Wrexham | |
| LL11 5FF | |
| Bankers | Lloyds TSB Bank p/c |
| Team Valley Trading Estate | |
| Tyne and Wear | |
| NE11 ORU | |
| S o l i c i t o r s | Short Richardson and Forth |
| 4 Mosley Street | |
| Newcastle-upon-Tyne | |
| NE1 1DE |
31st January 2025
| Unrestricted | Restricted | Totals | Totals | ||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | ||
| Note | |||||
| INCOMING RESOURCES | |||||
| Donations and gifts | 14,379 | 98,524 | 112,903 | 96,648 | |
| Incoming resources from | |||||
| charitable activities | 15,990 | 15,990 | 25,777 | ||
| Other income | |||||
| TOTAL INCOMING RESOURCES | 36,309 | 98,524 | 134,833 | 122,425 | |
| RESOURCES EXPENDED | |||||
| Charitable activities | 5 | 55,287 | 101,629 | 156,916 | 179,419 |
| TOTAL RESOURCES EXPENDED | 55,287 | 101,629 | 156,916 | 179,419 | |
| Transfers between funds | (2,395) | 2,395 | |||
| NET INCOMING / (OUTGOING) | |||||
| RESOURCES FOR THE YEAR | (21,373) | (710) | (22,083) | (56,994) | |
| Balances brought forward | 418,640 | 21,765 | 440,405 | 497,399 | |
| Balances carried forward | 397,267 | 21,055 | 418,322 | 440,405 |
| Note | 2024 | 2023 | |
|---|---|---|---|
| FIXED ASSETS | |||
| Tangible assets Investments |
288,604 75,000 |
294,368 75,000 |
|
| Total Fixed Assets | 363,604 | 369,368 | |
| CURRENT ASSETS | |||
| Debtors Cash at bank and in hand |
11 | 13,514 45,288 |
13,680 58,157 |
| Total Current Assets | 58,802 | 71,837 | |
| CREDITORS: amounts falling | |||
| due within one year | 12 | (4,084) | (800) |
| Net Current Assets | 54,718 | 71,037 | |
| NET ASSETS | 1 3 | 418,322 | 440,405 |
| FUNDS | |||
| Unrestricted funds Restricted funds |
397,267 21,055 |
418,640 21,765 |
|
| TOTAL FUNDS | 418,322 | 440,405 |
| ONATIONS AND GIFTS | ||
|---|---|---|
| 2024 | 2023 | |
| Specified donations | 11,190 | 12,693 |
| Participating churches donations Joshua project donations Nehemiah project donations |
37,35 400 |
54,892 15,576 200 |
| Other general donations | 12,905 | 13,046 |
| Gift Aid tax refunds | 10,491 | 241 |
| 112,903 | 96,648 |
| 2024 | 2023 | |
|---|---|---|
| £ | ||
| Conference fees | 12,341 | 1 9 , 7 2 4 |
| Subscription income | 3,649 | 6 , 0 5 3 |
| 15,990 | 25,777 | |
| THER INCOME | ||
| 2024 | 2023 | |
| Rental income | 5,940 |
| Activities | Grant | Support | |||
|---|---|---|---|---|---|
| Activity or project | undertaken directly |
funding of activities |
costs (note 6) |
Total 2024 |
Total 2023 |
| Participating churches | 57,891 | 12,313 | 70,204 | 105,760 | |
| Specified donations | 11,775 | 2,504 | 14,279 | 15,155 | |
| Annual IGO conference | 2,676 | 15,259 | 25,105 | ||
| Joshua project Missions and ministry |
29,794 5,808 |
6,337 2,786 |
36,131 15,884 |
26,465 3,803 |
|
| Investment property | - | 5,159 | 3,131 | ||
| TOTAL | 48,185 | 76,956 | 31,775 | 156,916 | 179,419 |
| SUPPORT COSTS | ||
|---|---|---|
| 2024 | 2023 | |
| Administrative staff costs | 9,551 | |
| Insurance | 1,465 | |
| Office expenses | 2,595 | |
| Telephone | 897 | |
| Subscriptions | 459 | |
| Repairs and maintenance | 3,419 | |
| Investment property running costs | 3,131 | |
| Bank charges | 61 | |
| Website & communications | ||
| Depreciation | 6,101 | |
| Professional fees | 3,450 | |
| Independent examiner's fee | 700 | |
| 31,775 | 31,768 |
| TAFF COSTS | ||
|---|---|---|
| 2024 | 2023 | |
| Wages and salaries | 13,126 | 9,551 |
| Freehold | Fixtures & | Office | ||
|---|---|---|---|---|
| Property | Fittings | Equipment | Total | |
| £ | ||||
| Cost | ||||
| At 6 April 2023 | 299,950 | 1,019 | 329 | 301,298 |
| Additions | 450 | 450 | ||
| Disposals At 31 March 2024 |
299,950 | 1,019 | TIS | 301,748 |
| Deprecation | ||||
| At 6 April 2023 Charge for year |
6,499 5,999 |
102 102 |
3 2 9 1 1 3 |
6:270 |
| Disposals At 31 March 2024 |
12,498 | 204 | 442 | 13,144 |
| Net book values | ||||
| At 31 March 2024 | 287,452 | 8 1 5 | 3 3 7 | 288,604 |
| At 31 March 2023 | 293,451 | 917 | 294,368 |
| NVESTMENTS | ||
|---|---|---|
| 2024 | 2023 | |
| Investment property | 75,000 | 75,000 |
| EBTORS | ||
| 2 0 2 4 | 2023 | |
| £ | ||
| Tax recoverable | 11,506 | 11,664 |
| Prepayments | 2,008 | 2,016 |
| 13,514 | 13,680 |
| REDITORS | ||
|---|---|---|
| 2024 | 2023 | |
| Accruals | 950 | 800 |
| Other creditors | 3,134 | - |
| 4,084 | 800 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | funds | 2024 Total | 2023 Total | |
| £ | ||||
| Fixed assets | 363,604 | 363,604 | 369,368 | |
| Current assets Current liabilities |
37,747 (4,084) |
2100 | 58,802 (4,084) |
71,387 (800) |
| 397,267 | 21,055 | 418,322 | 440,405 |
| 2023 | Income | Expenditure | Transfers | 2024 | |
|---|---|---|---|---|---|
| £ | |||||
| Unrestricted funds: | |||||
| General reserve | 418,640 | 36,309 | (55,287) | (2,395) | 397,267 |
| Restricted funds: | |||||
| Gift Aid Fund | 14,868 | 56,292 | (57,891) | 1 0 | 13,279 |
| Specified Donations Joshua project Nehemiah project |
5,350 1,547 |
11,190 30,642 400 |
(11,775) (31,963) |
585 1,800 - |
5,829 1,947 |
| Total restricted funds | 21,765 | 98,524 | (101,629) | 2,395 | 21,055 |
| Total funds | 440,405 | 134,833 | (156,916) | 418,322 |