**Trustees report for the year ended 30[th] September 2022** ## **Report of the Trustees** The trustees present their report for United Beach Mission Trust (UBM) for the year ended 30[th] September 2022. ## **Legal & Administrative** United Beach Mission Trust is a charitable organisation (Registered Charity Number 273912). The Declaration of Trust dated 11th May 1978, amended on 6th March 2003, 15 June 2005 and 24 November 2007 governs the trust. The original trust deeds and all amendments are held by the charity’s treasurer. The trustees, who form the Executive Committee (excepting any who are also employees of UBM) administer the charity. ## **Objects and Principal Activity** There are three principal activities of UBM. **The first principal activity** is the proclamation and furtherance of the Gospel of God concerning his son Jesus Christ and the preaching and teaching of the Christian faith in the UK, the Republic of Ireland and in Continental Europe. This is achieved by the organisation, sponsorship and promotion of inter-denominational Christian work. In particular, UBM organises: - a) ‘Beach Mission’ teams on the beaches of the UK, Ireland and Continental Europe with the aim of sharing the good news of Jesus with families. - b) ‘Christian Answer’ teams in various cities and tourist locations within the UK (such as London, Cambridge, Oxford and Edinburgh). This is through open-air preaching of the Christian faith, book tables and personal engagement with those willing to do so. - c) ‘International Student Outreach’ teams. This aspect of the work current runs in Bournemouth. - d) ‘Avancer’ teams. These are weeks of evangelism organised by local churches in French speaking Europe. The churches are responsible (legally and financially) for the week, but UBM is happy to promote, pray for and provide team members for each of them. - e) ‘MV’ Teams run in different European locations. In some instances as with Avancer teams UBM promote and provide teams members and the work is run mostly by the local church. In other instances the leadership and vast majority of the team apply through UBM with the local church supporting the mission. **The second principal activity** is to deepen the knowledge of the Bible of those we have met through the above activities. In particular, UBM: - a) organises Bible correspondence courses for both children and adults. - b) answers any queries about the Christian faith from those who enquire. **The third principal activity** is to train and develop UBM volunteers (both on teams and throughout the year) for the task of sharing the good news of the Gospel. These come from churches with whom we seek to establish a good working relationship. In 2022, 328 different churches sent volunteers on weeks with UBM. ## **Impact of the Covid-19 Pandemic** The 2022 mission year was seen as a building back season for UBM. After no missions in 2020, we were able to run some teams in 2021 with different restrictions in place across the different countries in which we operate. 2022 provided further opportunity to start redeveloping and increase those opportunities. We were able to run more teams and accept more team members on to those weeks. There is an acknowledgment within UBM that it will take a few years to rebuild and reach the same level as pre-Covid (ie 2019), both in terms of the number of mission weeks we can run and team members. It has been encouraging to see the work regrowing this year. ## **Public Benefit** UBM provides public benefit in many different ways. The main benefits include, but are not confined to, the following: - Making known the Gospel of Jesus Christ, freely and without charge, to families and individuals, both in the UK and beyond, who otherwise would not have the opportunity to hear it. - Making freely known the teaching of the Bible to members of the public, in the UK and abroad. - Providing free family centred activities for holidaymakers in the UK and abroad. - Providing teaching for young people in the Christian faith. - Providing training for young people in the practice and principles of the Christian faith. - Providing opportunities for young people to develop teamwork and leadership skills. - Providing training for young people in public speaking and debating. - Providing a resource for evangelical churches to train their young people. - Providing training as children’s, family and personal workers. - Providing training and opportunities in evangelism. - Supplying literature freely regarding the Christian faith to members of the public. - Providing online resources (via several websites) to explain the Christian faith. - Providing Bible correspondence courses enabling deeper understanding of Christianity. - Providing training and opportunities in cross-cultural evangelism. - Providing a training ground for younger Christians that other Christian organisations draw workers from. ## **Principal Address(es)** During this financial year, the registered office of UBM was: c/o Evangelical Movement of Wales, Waterton Cross Business Park, South Road, Bridgend, CF31 3UL. We also rent subsidiary office space for our Irish operation at: 218 York Street Belfast BT15 1GY. UBM banks at: HSBC, 42 Woodford Road, Bramhall, Stockport, Cheshire SK7 1PA. Note: UBM has a couple of operational bank accounts (eg with Danske Bank) to manage payments for the Irish missions we run. ## **Trustees** On 30[th] September 2021, the officers of the charity were: Chairman - Prof. Stephen Taylor Secretary - Mr Jason Duffin (who also acts as deputy chairman) Treasurer - Mr David Johnson On 30[th] September 2021, the other trustees were: Mr Stephen Wright Dr David Norbury (he will officially step down as from 1[st] October 2022) Dr Alan Mitchell Mr David Ainscough Mr Richard Hilliard The Executive Committee consists of the trustees plus the full-time Executive Officer and part-time Irish Executive Officer. Appointment of future trustees will be from volunteers already committed to the work of United Beach Missions who would add tangible benefit in carrying out the duties of Trustees. At the May 2022 meeting it was agreed to approach Mr Andrew Pryce about joining the Executive Committee. At the same meeting we reaffirmed our policy that Executive Committee members step down if they are no longer actively doing mission or at age 70 if earlier. Exceptionally this could be extended to 75 (at an absolute max) and occasionally earlier (65) if appropriate. To that end, Mr David Norbury would step down at the end of this financial year. The following was documented in last year’s annual report: _In May 2021, Prof. Steve Taylor gave notice of his intention to stand down as the chairman in 12 months’ time. He is willing to stay on as a trustee. The May 2022 target date was seen as flexible dependent on a successor being appointed. Mr Jason Duffin was tasked with overseeing the process of the appointment of a new chairman and the Executive Committee’s initial discussions occurred in September 2021._ In January 2022 the trustees approached Mr Timothy Howlett regarding taking on the role of chairman. For this to happen a new Executive Officer would need to be found and Mr Timothy Howlett would also need to look for new employment. ## **Staff** The Executive Officer is Mr Timothy Howlett, who is a member of the Executive committee but, as a paid official, is not a trustee. From March 2022 the process of looking for a new Executive Officer started with the view that, ideally, UBM would recruit for this role from volunteers who currently serve with UBM and are therefore familiar with who the operation and ethos of the organisation. A list of names was generated and discussed in terms of suitability alongside a formal job description. Five people were approached in in May / June 2022 to ask them whether they would be open to considering the role. After discussion with Prof. Steve Taylor and Mr Dave Johnson and meeting with the trustees individually at the mainland Reunion Conference in September 2022, Mr James Lycett was offered and accepted the role. The Administration Officer is Miss Tirzah Jones. The part-time Irish Executive Officer is Mr Hugh Martin. His primary focus is to a) progress the establishment of the UBM Republic of Ireland Trust (see later) and b) coordinate recruitment and develop relationships with a view to see more volunteers on Irish teams. He would be paid on a self-employed basis and would be responsible for his own HMRC payments. Two other staff (Ulwyn Marshall and Marion Mayes) are employed on a part-time basis to help carry out the administration function of UBM. This amounts to approximately half a full time equivalent. Occasionally, there was a need for them to carry out specific tasks which were carried out according to the furlough provisions of the government scheme. ## **Organisational Structure** Many operational decisions are devolved to the Management Groups (MG). There are four MGs (English and Welsh Beach Missions, Irish Beach Missions, Christian Answer Missions, Continental Missions) and each MG has a trustee as its chair. They regularly meet to review the operation of the work. The Executive Committee seek to meet when they can to strategically develop the work as well as cover the legal and governance issues expected of trustees. A subset of the Executive Committee will occasionally meet up with the Executive Officer and Administration Officer to progress matters raised at the Executive Committee. There has been ongoing discussion as to how best to organise responsibilities such that the work of UBM is managed and developed effectively. ## **Finance and Reserve Funds** The value of the three properties owned by UBM is now estimated to be in excess of £1,000,000 which constitutes our reserve fund. The 2021-2022 accounts have these tangible assets detailed at £948,819, a conservative estimate. This was the same as the previous three accounting periods. The house in St Ives, Brookdale was valued at £640,000. Periodic revaluations will be applied, on a frequency not exceeding 5 years, recognising the potential resale values of the properties. The next revaluation is due to happen for the 2024-2025 financial year at the latest. We have never in the history of the charity seen funds drop to zero. The trustees consider that holding what many of our supporters perceive to be large cash reserves do not encourage the faith principle that the charity wishes to promote. Neither do large reserves stimulate giving to the charity. Our policy is therefore to allow working capital to fall to zero, with the value held in property used to secure short-term overdraft facilities should we ever need them. The charity will sell properties to deal with any long-term requirement for borrowing. The Chairman will circulate a specific appeal to our Advisory Committee should our working capital in the main account fall below £10,000 and where expected income is unlikely to restore to this level. Realising the financial implications of the Covid pandemic, many individuals and organisations generously donated to UBM during the 2019/2020 accounting period. Since then our account balance never went below this £10,000 trigger. In fact, the minimum balance in the main account during 2021/2022 was c£64,400 and the maximum was c£136,500. The balance at the end of the financial year was c£116,100. The Belfast sterling account fluctuated around the £20,000 level. In the financial year 2019-2020, it was agreed that £21,000 of this would be transferred to the new Irish legal entity once this has been set up. This has yet to happen. There have been some more financial transactions (eg significant gifts towards the work in Ireland). It is expected that the trustees will agree an adjusted figure in their October 2022 meeting. Going forward there will need to be a reconciliation process between the UK trust and the ROI trust. As usual we submitted our Gift Aid claim. This year the total was £17,370 and was received in 5 payments in May and June 2022. Most donations are small and given on a regular basis. A few gifts were in the region of £1,000. In addition, there were two gifts (£10,000 and £15,000) which were earmarked to be used on the property in Llandudno. Gifts for such projects are kept in a physically separate account (our deposit account) for administration purposes. During the last financial year, the treasurer has started conversations with a potential donor who would like to give a ‘substantial’ gift to UBM each year out of his investment portfolio. Future trustees’ reports will detail any significant outcomes from these conversations. Nothing occurred in the current financial year but the first gifts are expected in the 2022-2023 financial year. Management of the main UBM bank account is undertaken on-line with Miss Tirzah Jones as the primary user and Mr David Johnson and Mr Timothy Howlett as secondary users. This has greatly aided the degree of financial oversight exercised by the trustees and the smooth operation of the charity’s finances. Tirzah Jones (and Timothy Howlett) look at the accounts on a regular basis and will highlight any concerns to the trustees. In addition, the treasurer circulates a summary of the current finances on a periodic basis throughout the year. This means that any potential strains on finances are spotted early and appropriate action is taken. Payroll documentation is still outsourced to an Agent, with payments to HMRC personally handled by the Treasurer. Payment of salaries to staff is handled by the Treasurer. All other payments are mainly dealt with by the Administration Officer with the Executive Officer and Irish Office manager doing others. Separation of income and payments is maintained, with office staff in Belfast and Bridgend handling all income. The trustees are mindful of the world economic climate and financial pressures on donors to the charity. The cost-of-living crisis deepened in 2022 with the war in Ukraine and energy prices rising dramatically. As well as the regular reporting, a finance committee had been meeting once a year to discuss the financial planning for the charity. It was felt that this was not needed in the current financial year, although the Executive Committee have initiated discussions about creating a ‘finances and general purposes’ committee. ## **2022 Activities** ## Evangelism The main focus for the 2021/22 financial year was to continue rebuilding our mission opportunities post Covid. We recognise that returning to the pre Covid-19 pandemic levels would take several years and would need to take into account our usual considerations such as strong teams and dual leadership. It was clear by the start of 2022 that most restrictions that had limited missions in 2021 had been lifted. For our summer 2021 missions, the application process for English and Welsh beach teams and Christian Answer teams had opened on 9[th] April 2021. In 2022 we were able to open this on 1[st] January as has been our usual practice. The summary of missions we ran is: - 35 weeks English and Welsh missions - 12 Irish missions - 11 Christian Answer missions - _This included launching a new 3 day taster mission in Cheltenham._ - 3 weeks of International Student Outreach missions - 5 Continental ‘MV’ missions - 2 Avancer mission While most missions operated with smaller teams then in 2019, many commented on the openness of families reached by the work. All missions were able to run programmes and it encouraging to renew old and previously reached contacts. The number of team members in 2022 was 699 up from the 358 who joined teams in 2021. ## Follow up The websites for both the Christian public (www.ubm.org.uk) and those we meet when we run our activities (thebeachteam.org, thechristiananswer.org) are visited regularly. We receive responses and enquiries from them on a regular basis. Resources are sent to all parts of the world from people wishing to find out more about the Christian faith. The Postal Bible Club (PBC) continues to offer free Bible correspondence courses to those we have met through the work on the beaches, and each month we send lesson to hundreds of children. It is planned to review the effectiveness of this side of our work and make changes that take into account the ever-changing needs of families and individuals we meet. The full impact of our evangelistic outreach is unknown. Each year we have emails from people who have been helped through the work of UBM. Some of the stories go back many years, but we get to hear them for the first time. ## Training and Fellowship UBM’s more traditional training and fellowship activities were able to run unrestricted in 2022 both in Ireland and on the mainland. For example, the usual Leaders and Seniors’ day (preparation for going on mission) was held in Leicester in May. A full in person reunion conference, the first since September 2019, was held as had been done previously at the Cefn Lea Christian Conference Centre in Newtown, Wales. The Bible teaching was from the opening 7 chapters of the Bible book Revelation. A special reunion was held in Belfast in mid-September to mark the 50[th] Anniversary of Beach Missions in Ireland. People gathered at Belfast Bible college for a meeting on Friday 16[th] September followed on Saturday 17[th] by a celebratory meal at one of the local hotels. ## Review In 2020, a review of the whole work was initiated. Various task groups were set up to assess their specific areas of the work. The review highlighted key priorities for each area and these will be kept visible for each of the task groups. For each of the areas, the main focus was to restart missions as Covid restrictions were eased. As reported above, this has been further built upon in the 2022 season. More of the key out workings of the review will come into effect during the 2023 season. The Executive Committee and each Management Group will ensure that key review areas are part of their agendas. ## Other activities We provide information to prayer supporters of our work on a regular basis. A monthly prayer letter was produced and sent to 3000+ people, an online prayer meeting is also held on the 2[nd] Thursday of every month. The trustees remain vigilant to the growing requirements of legislation on charities in the UK. One key focus that has been highlighted in previous annual reports is to progress the set up of a new Irish legal entity (see next section). A comprehensive piece of work was undertaken to review our risk assessments with new formats introduced ready for our summer 2022 activities. It is planned to review the UBM safeguarding policy in the next financial year. Behind the scenes, work progressed in many areas to improve efficiency and processes. For example, enhancements are continually being worked on for our online administration system. ## **Plans for the Future** Our focus for the 2022/23 financial year will be to i) ensure a good transition to the new Executive Officer and new Chairman ii) progress the key priorities identified by the review. These priorities include identifying and training the next generation of leaders and thus passing on the baton. The set-up of a new Irish legal entity should be completed in the next financial year. The process is taking longer than anticipated. Although the requirement is to have two separate trusts (UK and Irish), the aim is to be seen as one logical organisation (operationally and in ethos). The Trustees of United Beach Mission Trust 13[th] May 2023 CHARITY REGISTRATION NUMBER: 273912 United Beach Mission Trust Unaudited Financial Statements 30 September 2022 VERSANT ASSOCIATES LLP Chartered accountants The Old Mill, 9 Soar Lane Lei￿ster LE3 5DE United Beach Mission Trust Financial Statements Year ended 30 September 2022 Page Trustees, annual report Independent examiner's report to the trustees Staternent of financial activities 10 11 Statsment of financial position Statement of cash flows 12 13 Notes to the financial statements 14 United Beach Mi8sion Trust Tru8tse8' Annual Report Year end•d 30 Septemb•r 2022 The trustses present their report and the unaudited financial slatements of the ch8rity ft)T the year ended 30 September 2022. Referen￿ and administratlvo detail Regl8tered charlty name United 8ea¢h Mis&on Trust Charity rngistration number 273912 Prln¢lpal offlce clo Evangelical Movement of Wales Waterton Cross Business part( South Road Bridgend CF313UL Th• tni8tees Dr D Norbury Prof S Taylor Mr DA Johnson Dr A Mitchell MrJEDuffin Mr S J Wright Dr D Ainscough Mr R S A Hilliard MrA Pryce MrT J Howlett (Resyned 1 October 20221 {RespJned 1 January 2023) IApp)inted 1 January 20231 {Ap￿￿nted 1 January 20231 Ind•pend¢nt •xamin8r Mark Illingsworth The Old Mill, 9 Soar Lane Le￿ster LE3 5DE Unitsd Beach Mission Trust Trustees. Annual Report (conbnu•d) Year ended 30 September 2022 SlructUM• govornancg and management United Beach Mission Trust IS 8 charitable organisation (Registered Charty Number 273912). The Declaration of Trust dated 11th May 1978, amended on 6th March 2CVJ3, 15 June 2005 and 24 November 2007 govems the trust The criginal trust deeds and all amendments are held by the charl￿8 treasurer. The trustees, who form the Executive Commkttee (excepting any who are also employe88 of UBM) administer Ihe charity. Truste8s. Offlcorn, Staff and Stwcturo On 301h September 2022, the officers of the charrty were.. Chaimian - Prof. Stephen Taylor Secrelary- Mr Jason Duffin Treasurer- Mr David Johnson (who also acts as deputy chaimian) On 301h Septernber 2022, the other trustees were.. Mr Stephen Wright Dr David Norbury- he wlll officlalty step down as from 1st Othber 2022 Dr Alan Mitchell Mr David Ainscough Mr Richard Hilliard The EXecut￿e Committee consists of the trustees plus the fvll-time ExecutNe Officer and part-tim8 Irish Executive Officer Appointment of future trustees will b8 from volunteers already committed to the work of United 8each Missions who would add tangible benefit in carrying out the duties of Trustees. At the May 2022 meeting il was agreed to approa¢h Mr Andrew Pryce about jolnlng the Executive Committee. At Ihe same meeting we reaffimed our policy that Executive committ￿ members step down if ty are no longer actively doing mission or al age 70 IF earfier. Exceptionally thi6 could be extended lo 75 (at an 8b$olute max) and occasicnally earlier1651 if appropriato. To that end, Mr Davwj Nort)ury would step down at th• end of this financial year. The fdlowlng was dc¢umented in last years annu81 report.. In May 2021. Prof. Steve Taylor gave notice of hB inlention to stand down as the chairman in 12 months, time. He is willing to stay on as a tntstee. The May 2022 target date was seen as flexible deFerKlent on a successor being appoinied. Mr Jason Duffin was tasked with overseelng the process of the appointment of a new chairman and the Executive Committee's Init￿1 dlscusslons occurred in September 2021. In January 2022 the trustees approached Mr Timothy HO￿ett regarding taking on the role of chairman. For this to happen a new Executive l)ffi¢er would need to be found and Mr Timthy Howlett woukl also need to look for new employmenL Th& Executive Officer is Mr Timothy Howlett. who is 8 member of the Executive committee bul, as a P8id offieial, 1$ nol a trustse. From March 2022 Ihe process of knking for a new Executive Officer started with the view that. ideal￿, UBM would recrLfit for this role from volunteers who currently serve with UBM and are therefore familiar with who the operation and ethos of the organisalion. A list of names was generated and discussed in tenns of suitability alongstde a fomal job descripts"on. Five people were approached in in United Beach Mlssion Trust Trustees, Annual Report (c 'Bexh Mi55ion' teams on the beaches of the UK, Ireland and Continental Europe with the aim of sharing the good news of Jesus vthh families. bl 'Christian Answerf teams in ¥ar￿juS cities and tourist locations within the UK (such 8$ London, Cambridge, Oxford and Edinburgh). This is through open-air preaching of the Christian faith, book tables and personal engagement wth those willing io do so. c) 'Intemational Student Outr8￿h, teams. This aspect of the work current￿ runs in Bournemoulh. d} 'Avancerf teams. These are weeks of evangelism organised by l¢)¢al churches in French speaking Europe. The chU￿beS are responsible Ilegally and financi81ty1 for the week, but UBM is happy to promote, pray for and provide team members for each of them. el 'MV Teams run in different European h)calions. In some instances, ag with Avancer teams UBM promote and provide teams members and the work is run mosty by the local church. In other instances. the leadership and vast majonty of the learn apply through UBM ￿th the local church supporting the mission. The fyecond prfn¢ipal adivity 15 to deepen the knowledge of the Bible of those we have met through the above activibe$. In partrcular, UBM.. a} organi888 Bible correspondence courses for both children and adults. bl answers any queries about the Christian faith from those who enquire. The thlrd prlnclpal actlvltyis to traln and develop UBM volunteers (both on tsam$ and throughout the year) for the task of sharing the gcod news of the Gospel. These come from churches with whom we seek lo establish a good working relationship. In 2022, 328 different churches sent volunteers on weeks with UBM Impact of the Covld-19 Pandem1¢ The 2022 missK)n year was seen as a building back season for UBM. After no missions in 2020. we were able to run some teams in 2021 wth drfferent reStr￿110nS in place across the different countries in wh￿h we operate. 2022 provided further opportunity to start redeveloping and increase those oppothnities. We were able to run more teams and accept more team members on to those weeks. There an acknowledgment within U8M that rt will lake a few years to rebuild and reach the same level as pre-covid lie 20191. both in lemis of the number of mission weeks we can run and team memb8rs. It has b8en encouraging lo see the work regrowing this year. Publlc Ben•fit UBM provides public benefit in many different ways. The main ￿efits include, but are not confined to, th8 following- Making known the Gospel of Jesus Christ, freety and without charge, to famllies and individu8ls, both in the UK and beyond, who otherwise would not have the opportunity to hear IL United Beach Mission Trust Trustee8' Annual Report (condnu•d) Year onded 30 Septemb•r 2022 ' Making fr•ety the leaching of the Bible to members of the public, In the UK and abroad. ' ProvSdlng free famity cenlred act￿ltIeS for holidaymakors in the UK and abroad. Providing t8aching for young people in the Chrisuan faith. ' Provijing trainirrfj for young people in the Practs.￿ and principles of lh8 Christian failh. ' Providing opportunib'es for young people to develop teamwork and leadership skills. Providing training for young people in publi¢ speaking and debating. . Providlng a resource for evangelical chuiches lo train their young people. Provlding training as children's, family and personal workers. ' Provtrjing training and OPFQrtunities in evangelism. . Supplying literature freety regarding the Christian faith lo members of Ihe wb1￿. ' Providing online resources {via 8ever81 websites) to explain the Christian faith. ' Providing Bible correspond8nce courses enabling deeper understanding of Christianlty. ' Providing training and opportunits'es in crossn in conneth.on wrth the examinalion giwng me cause to believe that in any material respect attounting records were not kept in respect of the charity as reqUi￿d by section 130 of the Act., or the financial statsgments do not a¢cord wth those records; or the financial statements do not comply wRh the applieable requirements COTh￿￿1ng the fomi and content of accounts set OUE in Ihe Charriies {AcoJunts and Repjrtsl Règulations 2008 other than any requirement that the ac￿Unts give a 'tfue and falrf vlew which rs not a matter ¢Onsid8red as part of an Independent examlnation. I have no concerns and have come across no other matter5 in connection wtth the examinatlon to wh￿h attention should be drawn in this report in order lo enable a proper understanding of the accounts to be Teach￿. Mark Illingsworth Independent Examiner The Old Mill, 9 Soar Lane Lei￿ster LE3 SDE 10 United Beach Mission Trust Statsment of Flnancial Activities Year ended 30 Septembor 2022 2022 Restricted funds Total fund8 Totsl funds 2021 Unreslricted fund5 Incomg and endowments Donations and lega¢ies Charrtabk a¢tiviti8s Investment inGome 197.425 88,300 44 25,Cw)O 222.425 88.300 204,CQO 37,247 74 Total In¢omo 285.769 25,000 310,769 241,321 Expndiluro Expenditure on chantable 8¢tivib6$ Total oxpondttu 254,866 254,866 254,866 254,866 194.089 194,089 Net Incomé and not movement in funds 30,903 25,000 55,903 47,232 Roconclllatlon of funds Total funds brought forward Total funds carrled forward 1,ty)5,913 1,036,816 28,550 1,034,463 1,090,366 987,231 1,034,483 53,550 The $tatsment of financial activities in¢lud8s all gains and h)sse$ recognised in Ihe year. All incomè and ex￿rK11t￿re derive from wnts"nuing activrties. Th• not•s on p•g•s 14 to 20 fonn of th•$• flnan¢ial statom•nts. 11 ## **United Beach Mission Trust** ## **Statement of Financial Position** ## **30 September 2022** |**Fixed assets**
Tangible fixed assets
**Current assets**
Debtors
Cash at bank and in hand
**Creditor: amounts falling due within one year**
**Net current assets**
**Total assets less current liabilities**
**Note**
**13**
**14**
**15**
**Creditor: amounts falling due afer more than one year**
**16**
**Net assets**
**Funds of the charity**
Restricted funds
Unrestricted funds:
Revaluation reserve
Other unrestricted income funds
**Total unrestricted funds**
**Total charity funds**
**19**|**2022**
£
948,819
19,196
203,853
223,049
6,502
216,547
1,165,366
75,000
1,090,366
25,000
403,750
661,616
1,065,366
1,090,366|2021
£
948,819
17,903
147,029
164,932
4,288
160,644
1,109,463
75,000
1,034,463
28,550
403,750
602,163
1,005,913
1,034,463| |---|---|---| These financial statements were approved by the board of trustees and authorised for issue on 18 July 2023, and are signed on behalf of the board by: Mr T J Howlett Trustee **The notes on pages 14 to 20 fonn part of these financial statements.** **12** United Beach Mission Trust Statemont of Cash Flow8 Year •nded 30 Saptsmber 2022 2022 2021 Ca8h flows from opgrnllng aGtlvltios Net income 55,903 47,232 Adjustments for. Govemment grant income Other interest receivable and similar income Awued expenses 1155) 1441 1,838 (9,351 174) Changes in.. Trade and other debtors Trade and other creditors (1,2931 376 (2,8851 (2,4251 32.986 Cash generated from operations 56.625 Interest received 74 Nel Cash from operating activities 56,669 33,060 Cash flows from financing actlvlUe• Government grant income Net eash from financing actmties 155 9,351 9.351 155 Not In¢rea80 In ca8h and ca8h oqufvalents CaBh and cash oqulval8nt8 al beglnnlng of year Cagb •nd cash •qulvalents at end of year 56,824 147,029 203.853 42,411 104,618 147,029 Thg notss on pagots 14 to 20 fom) part of these 1Snancial ¥tatements. 13 United Beach Mission Trust Notes to the Financlal Statements Y•ar •nded 30 September 2022 0on•ral Infomiatlon The Charity 65 a public benefit entity and a regISte￿d chartty in England and Wales and is unincorporated. The address of the principal office is CJO Evangelical Movement of Wales, Waterton Cross Business Park, South Road, Bridgend, CF313UL. Statom•nt of ¢ompllan¢o These ftnancial statements have treen pr•par8d in compliance with FRS 102, 'The Financial Repothng Standard applicable in tho UK and the Republic of Ireland,, the Statement of Recommended Practice apPlUb￿ to ¢harits'es preparing their acwunts in a¢¢ordance with the Flnancial Reporting Standard applicabl& in th8 UK and Republic of Ireland IFRS 1021 Ichartiies SORP IFRS 102}l and the Charrties Act 2011. Accountlng poll¢lo6 Bash of pr•paration The finanaal statements have been prepar•J on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value Ihrough income or expenditure. The financial ststemenls a￿ prepared in sterfing. which is the furKtional currency of the entty. Golng concern There are no material uncertainties about the ¢haWs ability to continue. Judgements and key 8our¢e8 of e8tlmatlon uncertalnty The preparation of the financial statemenis requires managemont to make judgements, estimates and assumptions that affect the amounts reported. Thesè estimates and judgements are conts'nually reviewed and are based on experience and other factors, in¢luding expectation$ of fijture events that are believed lo be reasonable under the circumstan¢xs. Fornlgn currencles Foreign currency IransacJons are initialty reconled in thè fun¢tvJnal currency. by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilit￿ denominated in foreign currencies are translated at the exchange rale ruling at th& rwrting date. with any gains or losses being taken to the stslemenl of financial aclivibes. Fund accountlng Unrestrthd funds arè available for use at th8 diwetion of the trustees to furthor any of the charws purposes. Designated funds are unrestricted funds aamiarked by the trustees foi partic#Jlar future project or comm￿MenL Restricted fftjnds are subjectsd to restrictions on their exFendituro declared by the donor or through the terms of an apFeal, and fall into one of two sub4lasses". restrthd income funds or endowment funds. 14 United Beach Mission Trust Notes to the FinanGial Statements (condnued) Year ended 30 September 2022 Accounting policles (con11n4￿) Incomlng ra80urce8 In¢ome All income 1$ in¢luded in the statement of financial xtiwties vthen the charity is enttd8d to the income, any perfomance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantffied wilh reason8bl• accuracy. Ra￿UrCe8 expended ExFen¢Jitu￿ 1$ recognised on an accruals basi8 as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and Is classifted under headings of the statement of finanfial xts'vrtie5 to wh￿h it relates.. expenditure on charitable activities includes all Costs incurred by a Charity in undertaking acb'vities that further Ils charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governan￿ of the charity apForboned to charitsble activit￿. Tangible assets Tanglble assets are initialty recorded at ¢osl. Dgproclatlon Depreaab'on is Calculated so as to Mite off the cost or valuation of an asset, less its residu81 value, over the useful economic life of that asset as follows.. Freehold propety No depreciation No depreciation will be provided on properts"ès.Periodic revaluations wll be applied, on a frequency not exceeding 3 years. recognising the potential resale values of the properties. The St Ives valuation was 8 midpoint of 3 recent commercial valuations, and the Llandudno valuation based on simiLqr properties sold in the area. The Newquay property was acquired In the prewous year, and the costs of acquisrtion, together wf(h professional fees and post acquisllion renovab'on Costs have been expensed. Govammontgrants Government grants are recognised at the falr value of the asset recewed or receivabl6. Grants are not recognised until there is reasonable assurance that the charity Nvill comply wtth the conditions attaching to them and the grants will be received. Where the grant does not impose specified future performance-relaled conditions on the recipient. it is re¢ognised in income when the grant proceeds are received or receivable. Where the grant does impo$8 $Fecified future performancwelated corsditions on the recipient, it 18 recognised in income only when the perfomiance-related condrtions have been met. Where grants received are prior to satisfying the revenue recognibon criteria, they are reccrfJnised as a lability. 15 United Beach Mission Trust Notes to th8 Financial Ststements (condnu•d) Year ended 30 Septsmber 2022 Ac¢ounllng policifrs f¢onWnu•d) Flnanclal Instruments A financial asset or a financral liablllty Is recogniséd only when the entity becomes a paty lo the contractual provisions of the instrumenL D•fin•d contribution plans Contn'butions to defined Contribulk￿ plans are recognised as an expense in the perfcil in wh￿h the related seNice is providad. Prepaid contributions are recognised as an asset to the extent that the prepayment ￿11 lead to a reduclton in future payments or a cash refund. When contributions are not expected to be setiled wholty within 12 months of the end of tho repoTbng date in wh￿h the empbyees rènder the related service, the Ilability is measured on a discounted present value basis. The unwinding of the discount is ￿Cognised as an expense in the period in which it arises. Donation5 and1ggaclg$ Unrestricted Funds Restri¢t8d Total Funds Fund$ 2022 Donatlon8 Donations Swified givlng 197.270 197,270 25,000 25,000 Grants Govemment grant income 155 155 197.425 25,000 222,425 UnreStr￿ted Funds Restricted Total Funds Funds 2021 Donatlons Donations Sp¥ified glving 179,649 179,849 15,000 15.000 Grants Govemment grant incom8 9,351 189,000 9,351 204,000 15,000 16 United Beach Mission Trust Notes to the Financial Statements (¢gnlinu•dJ Year ended 30 septsm￿r 2022 Charltablo a¢tivitio8 Unrestricted Total Fund8 Unrestrict8d Total Funds Funds 2022 Funds 2021 Deposts and fees for missions Deposits a￿1 fees for reunbn Use of property Sale of shirt8lmaterial8 Other incomelexchange differences Fees1donat￿nS received at centres 60,502 16,675 1,670 5,808 3,388 257 60,502 16,675 1,670 5,808 3,388 257 34,613 34,613 2,491 143 2,491 143 88,300 88,300 37,247 37,247 Invathiont In¢om• Unrestricted Total Funds Unrestricbj Total Funds Funds 2022 Funds 2021 Bank interest weNable 74 74 Expendlturn on charilable activiti06 by fund typo Unrestricled Total Fund8 Unrestrfcted Total Funds Funds 2022 Funds 2021 Charitable Activities Support costs 252,653 2,213 254,866 252,653 2,213 254.866 191,773 2.316 194,089 191,773 2,316 194,089 Expondilure on charltabl* a¢tlviti•s by actlvlty typ• Activities undertaken dlrectly Support costs Totsl funds 2022 Tolal fvnd 2021 Charitable Actmbes Governance costs 252,653 252,653 2,213 254,866 191,773 2,316 2.213 252,653 2,213 194,089 Net In¢omo Net incom8 is stated after chargingllcreditingl.. 2022 2021 Foreign &xchange differences 741 17 Unlted Beach Mission Trust Not•8 to the Financial Statemonts (¢onbnuedJ Year ended 30 Septambér 2022 10. Independont Oxamination fee8 2022 2021 Fees payable to th& independent examiner for". Independ8nl examination of the financial statsments 1,950 11. Staff ¢o•t• The average head count of employees durlng th8 year wa8 512021.. 41. No employee received employee benefits of more than £60,000 during the year12021.' Nil). 12. Trustee remun8ratlon and expenses No trustees received romun8ration from the Charity during the year12021 £nlll. During the year expenses were met by the charty on behalf of one trustee carying out charitable activities amounting to £73512021.. £100). 13. Tanglbh fixod assets Frnehold property Cost At 1 October 2021 and 30 S•pt•mbor 2022 Dopreclatlo At 1 OG¢ober 2021 and 30 SepteM￿r 2022 Corrylng amount At 30 Seplemb•r 2022 At 30 Sèptemter 2021 1.070,569 121.750 948,819 948,819 14. Debtors 2022 2021 Prepayments and accrued income Other debtors 1,220 17,976 19,196 17,359 17,903 Unlted Beach Mission Trust Notss to the Financial Statemgnts (¢ortpnu Year ended 30 Septsmber 2022 15. Grndltors: amounts falllng duo within one y*ar 2022 2021 Accruals and deferred income Soclal securty and other taxes Other creditors 5,001 1.393 108 3.163 1,114 11 6,5(r2 4,288 16. Creditors: amounts falling due after moro than ono year 2022 2021 Other creditors 75,Cw)O 75.000 17. Penslon$ and other p08t relirornent beneflt8 Ogfinod contrfbutlon plans The amount recognised in income or expenditure as an expense in rel8tKJn to defined contribution plans was £3,372 {2021.. £2.415). 18. Government grants The amounts recogni$￿ in the financial statements for govemment grants are as follow6.' 2022 2021 Recognlsed In income from donations and legacies.. Government grants income 155 9,351 19. Anatysis of charftablo funds unr￿trIcted funds At 1 October 202 At 30 Soptembe r 2022 Income Expenditure Transfers General funds Revaluation reserve 602,163 403,750 1,fy)5,913 285,769 (254.8661 28,550 661,616 403,750 1,065,366 285,769 1254,8661 28,550 At 1 October 202 30 September 2021 Income Expenditure Transfers General fvnds Revaluatim reserve 569,931 403,750 973,681 226.321 1194,089) 602,163 403,750 1,005,913 226,321 {194,089} 19 United Beach Mlssion Trust Notss to the FinanGial Statements (¢onthu¢dJ Year ended 30 Septembar 2022 19. Analysis of Gharilablo funds fconthiued) Re8tr1cted funds At 1 October 202 30 Septembo r 2022 Income Expend[￿re Transfers Restricted fund - N Quay House Restricted Fund Llandudno Housé 28,550 (28,5501 25.(M)O 25,000 26,OIXI 25,000 28,550 (28,550) 1 Octot*r 202 30 September 2021 Income Expenditure Transfers Regtri¢ted fund - New Quay House Restricted Fund L18ndudno House 13,550 15,000 28.550 13,550 15,000 28,550 20. Anatysi8 of net ass•ts betwo?n funds Unrestricted Funds Restricted Total Funds Funds 2022 Tangib￿ fixed assets Current assets Creditors less than 1 year Creditors greater Ihan 1 year Not 0660ts 923,819 223,049 {6,502) 175,000) 1.065,366 25,CQO 948,819 223,049 16,5021 {75,CQOI 1,090,366 25,000 Unrestricted Funds Restri¢tgd Total Funds FurKIs 2021 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net ass•ts 920,269 164,932 {4,288} 175,CWJO) 1,005,913 28,550 948.819 164,932 {4,2881 175,0001 1,034,483 28,550 21. An•ty81s of ¢hanges In nel dgbt At At 1 O¢t 2021 Cash flows 30 Sop 2022 Cash al bank and in hand 147.029 56,824 203.853 CHARITY REGISTRATIOM NUMBER: 273912 United Beach Mission Trust Unaudlted Financial Statements 30 September 2022 VERSANT ASSOCIATES LLP Chartered acwuntsnts The Old Mill, 9 Soar Lane Lai￿ster LE3 5DE Unfted Beach Mission Trust Flnan¢ial Stataments Ygar ended 30 Septorn￿r 2022 Pag• Trustees, annual rèport Independent examinerf8 report to Ihe trustees statement of financial aciivrtigs 10 11 ststement of financial posityon Statement of cash flows 12 13 Noles to the financial Ststements 14 Unlted Beach Mission Trust T￿￿te08. Annual Report Year end￿ 30 September 2022 The trustees present Ihelr rep(wt and the unaudtted finanr#al statements of the charity for the year 8n¢Jed 30 September 2022. Reforenc• •nd adminI•tr*tlvo detal Rg916tsrad ch•rlty nam• Unlled Beach Mis8bn Trust Chartty rnglBtratlon numb•r 273912 Prlnclpal offk• cjo Evangelical Movemènt of Wates Watèrton Cross Business park Sr)uth Road BridgeThl CF313UL Dr D Norbury Prof S Taylor Mr D A Johnson OrA Mllchell MrJEDuffi klr S J Wr*Jhl Dr D Ain8cough Mr R S A Hilllard Mr A Pryce MrT J Howlott IRe8igneJJ 1 October 20221 {R&s•Jned 1 January2023} {Apr￿n￿l 1 January 20231 (Apwfnted 1 January 20231 Indop•nd•nt oxamlTr•i Matk Illingsworth The Ohj mi￿, g S08r Lan• Lekester LE3 5DE Unlted Beach Mission Trust Tru8te•s' Annual R•pOrt(¢tyth￿dj Year ondgd 30 Septomber 2022 Structur&• govwnancg and managemmt Unlted Baach Mission Trust is a rharitalAe organ￿n (Registered Ch8flty Number 273912). The D￿laratiOn of Trust dat￿ 11th May 1978. 8nxnded on 6th March 2003, 15 JU￿ 2005 and 24 November 2007 governs the tru6L The orffjinal Iru$t deed8 and all amendments are hehj by th8 charlV8 treasurer. The trustees. forn Ihe ExecutNe Commlttee lexcepting any who are also empk)yees of UBMI adminlster the charity. T￿ts￿. Offlcors, Staff and StNcturo On 30th September 2022, the offiGers ofth8 charity wor8: Chaim)an- Prof. Stsphen T￿01 Sec*elary- Mr Jason DLrffjn Treasurer- Mr DavKi Johnson (who a150 acts a$ deputy chainnan) On 3(th September 2022, the other trustees were.. Mr Stephen Wrlghl Dr David Norbury- he w41 offtdally step do￿1 As from 1st O¢lthr 2022 Dr hjan Mltethell Mr David Alnso)ugh Mr Rich¥d Hilliard ExgGuiive Committee ¢))nsists of thg tru8lee8 plus the fulktlme ExecutN8 oFfr￿r and part-tlme lrfsh Ex￿ut￿Ve Officer ApkYJintrnent of lutvre trustees will bg from voluntsers already t￿mMItted to th• ￿rk of United Beach Mtsstrjns who would add tangible benefft in carrytrvJ out the dulles of Truslees. At the May 21Y22 meetlng Lt was agreed to apprDBch Mr Andrew Prycp aboul jolnlng the ExoculNe Committee. At the same treeting we reaffimied Ouf pollcy that Execubv• Committee members step do1￿ bf they ?re no ngar ￿tivelY doii¥J MISSI￿ or at age 70 If earfw. Excepllonalty this could bo exlended lo 75 (at an ab50tute max) and occa$ionalty earfigr (85) Ir ￿ProPriat8. To that end, IAr DavKJ Nothry vKJuld slop dtr•m 8t tho end of this fina￿la1 year. The ft>ll￿ng was d¢xumented in Lqst annual r•wt. In May 2021, Prol. Stsvè Taylor gavg notic8 ot his Intent￿ to $tan¢Y down as the chaiman in 12 months, Ilme. He 1$ wiNing to stsy on ag 8 trustee, The May 2022 target date wa6 seen a8 fi•xible derendenl on a successor being appc4nted. Mr Jason Duffin was tssked wth overseeinu the ￿0cesS of the ap￿intment of a new ¢haiffnan and the Executive Commthe'6 inrtial dkscv8sion8 0￿Urred In Seplember 2ff21. In January 2022 the trustees approached Mr Timothy HOW￿ regar(ling ta￿ng on Ihe role of chairm￿. For this to happ8n a new Execuuve Offtsr ￿￿Uld need lo be found and Mr Timothy Howiett would 81$0 need to rook for new empbymenL Stsff T￿ Executive Offiw i5 Mr TI￿thY H￿ett. who is a member of the Exe¢utfve committ•e but. as po#J offiGial, nol 8 trustee. From March 2022 thfr process of ILX)kn￿ for a néw EXeCUt￿e Offl¢er stsrted ￿ the view that. ￿ealty. UBM ￿￿￿Id recrutt for this role from vdunteers who currently 8eNe wltt) UBM and are therefore famllLryr wtth who the operalion and ethos of the organlsation. A li8101 names was gemraw and dkW$8ed in temis of sultabillty alongslde a fomial Job rlesoript¥)n. FNe Peop￿ were appfoa¢hgd in in United Beach Mi881on Trust Trustees. Annual Report(awJUnueo) Yoar •nded 30 S•ptwnber 2022 May l June 2022 to ask them whether they woulLI be open to considering Ihe role. After discussion Prof. Steve Tawor and Mr Davt Johnson and mèeting bmth the truslees 1r￿￿￿a￿aIty at the rnainlarKI Reunlon Conference In Septemb6r2022, Mr James Lycett was offered and accepted thé ro￿. Th• AJrninistratiDn Offi¢¢r Is Miss Tirzah Jone The part-llme Irth Execulive Off*er Is Mr Hugh ma￿￿. His primory is to a) progress the establishment of the U8M Republic of Ireland Trust {see later) and bl coordin8te re¢ruitment and devdop relatM)nship$ wth a view b) see morfr volunteer8 on Irish team& He be paid on a 8eff- empk¥eA basls and ￿Uld resFonsltrk for hi5 own HMRC payments. Two other staff (UW Marshdl Marion Mayes} employed on a p8rt-time trésis to hdp ¢1 out tha administration fvnction of UBM. This amounts lo approxlmatety half 8 full time equivalenL Occas￿1nalty. there was a need for them to ￿rry out specific tssks ￿lch were carried out accordlno to the fudoltgh provisrons ofthe go¥emmenl s¢heme. Organth•tk)nal StrU￿rn Many operational declslons sre dèvofved to the Managemenl Groups IMG). There are four MGS (English and Welsh 8eath M1551ons, Irish Beach MissK>ns, Christian Answer Mk85ion5, Contirkgntal Mi8Ston81 and MG has a tVJ6tee as its chair. They regularfy mget to rev￿ the operation of thé work. The Executive Committee seek to meet when Ihey Can to strategkalty devobp the work as well cover tl* legal and govemance Issues expthd of trustees. A 8Ut6et of the Executive Commlttee wlll occasionauy meet up the Executhft Officor and Administratlon Officer to progreBs matters raised at Ihe Executive CommSttee. The￿ has been ongoing dwu6skJn as to how be¥t lo organlse rèsponsibilthes suGh that the work of UBM18 m8naged 8rKI develow effe¢tivety. United Beach Mlsslon Trust TnMte08' Annual Roport (VORII•Ju Year ended 30 September 2022 ObJe¢tlv8s and acllvltles Thor8 are thtee prinapal a¢tMtie6 of UBM. Tho flTrt prlnclpal a￿l¥lty Is tho pr0￿Mation and furtherarKe of the Gospel of God concerning hr* son Jesus Christ 8nd the prsxhing and toaching of the Chtslan farth in th& UK. tho Republlc of Irelarvj and in contin9nt￿ Europe. This is achteved by t￿ organlsatk)n, sponsorship and promotk)n of Inter4*nominational ChrK%tian wcik. In pwttcular, UBM organises.. a> 'Beach Missk)n' teams on thg beache5 of the UK. Irdèrbd and Continental Europe wth the alm of sharing the good news ot Jesus families. bl 'Cttrl$tlan Amswef teams In vaklous chi¢s and tour￿1 localons wlthln the UK (such as London, Cambridge, Qxlgrd aTh3 E tre gmmng r8qulrements of leqlslalk*n on charitres in the UK. One kèy ftKus th81 ha$ been hohlighled in preMou$ annual repryts fs to progress the sel up of a Ir4sh18gal entity (see next sectlon). A eAJmprehen$ive pi8ce of WO￿ was undertaken to review our rtsk assessments with new formats introducel ￿dY for i)ur summer 2022 activities.11 Is pL4nned to ravlew the UBM saf8guarding ￿1¢Y in the next financial year. Behind the scenes, work progressed In many areas lo improve eftiency and prw895. Forexampfe. enhanc8m8nts are ¢OntinUal￿ belng worked on for our onl11￿ adminkstratKJn systwn. Unlted Béach Mi88lon Trust Trustees. Annual Report (c Year endod 30 Soptsmbor 2022 Fln•n¢l•l r•vl•w Flninc• and Rtt•rw• Funds The value of the thrne proFwties Thvned by UBM is now 8tslima￿￿ to be In exce$6 01£1,000.000 whlch c(Jn8tytutes our reseNe fund. The 2021-2022 accounts have these tarK41b￿ assets detailed at £948,819, a ￿nServatr*￿ estimate. This wa$ tho same as the prewous three accounting p8r•Jds. The hou8e In St Ives, Brtsjkdale was valued at £640,000. PerK)dlc revaluallofts will be applied, on a freouency not excéeding 5 years. recogni81ng the potenoal resale values of the propwties. Th8 ngxt revaknatKin Is due to happen for the 2024-2025 financkl year at the latesl. We have nevar In tre hlstryy of the cherlty seen fundg drop tts zero. The trustees consider that F￿h31n? what many of our supporters percelve to be large Cash ￿erVeS do not er￿QUrag8 the faith prfnrAple that the Charity wshes to promote. NeIt￿r do large reserv88 Stimulate gNing to thg Cha￿ty. Our pol is ther&forg to allow Y￿7rkIng ¢apital to fall tr) zero. the value held in proporty used lo Secure short- t8mi overdraft fxili118s should wg gvor noed them. The tharity will sell propgthes lo to deel wlth any -term requirement for borrowlro. The Chalrman will circulate a swfic appeal to our Advisory Commtttee sFw)uld our working catxlal li the main ￿coUnt fall bel)w £10,000 and wher8 experted income 18 unlikfjly to restore to this le¥el. Realising the financial Impli￿￿On$ of the COV￿ pandem¥c, many individuals and organisalions genorousty donat&J to UBM during the 201912020 accounting pèriod. Since then our account balance never wenl below thi5 £10,000 trgger. In fact, the minimum balarKg in th8 maln acGount during 2021121Y22 was c£64,400 and the M￿muM was c£136,500. Th• t)*nce at thB end of the finan&al year Wds c£116.100. The Belfast sterfing actount fluthated around the £20.OW thl. In the finanu81 y8ar 20194(r20, it bras agreed that £21,000 of this would be tran8ferre(I to the rew Irish ￿81 entity once this has been sel up. Th￿ has yel to happJn. Thor8 hava been some MO￿ financlal tr8nsactknns {eg signrftcant gffts towwds the work in Ireland). 11 IB expected that the tystees wilE •Jree an adjusted fvJure in Ihelr October 2022 meetlng. Golng foNAnl thgre need to be a r6¢onaliat40n process betr•veen the UK UK tru8t and the ROI trust As usual we sUbM￿ted our Gfft Aid claim. Thls year the total was £17,370 and was recefved In 5 payments In May and June 2022. Mo8t donats'ons ¥e sm811 and given on a regular ba818. A fw gts were in fhe regKJn of £1.000. In jd￿On, there ￿e grft$1£10,000 end £15.0001 whlch were oam)arked to used on the proporty in Llandudno. Gifts for such projects are kept In a physicalty 8eparats account lour deposit account) for •Jmlnl$tration wtposes. t￿rI￿j the last fin8n(xal yéar. the trBa5ur8r has started conversations ¥￿th a pjlentlal dcmr would like 10 9ive a substantial, glft to UBM e&h year out of hls Investment portrolio. Future trustee5' rewrts 11 d8lail any signrficant outcomes from these conversatlons. Nothing occurred in the current financlal year but the a￿ expethd in the 2022-2023 financkl year. Management of the main UBM b9nk accounl Is undertaken on-line wilh Miss Tinah Jones 88 th6 prtmary user and Mr Dawd John80n and Mf Timothy Howlett as 8econdary U88TS. This ha5 grealy aded Ihe degre8 Df finandgl oversight exer¢ls¥d by the trustees and t￿ Smooth oper8t•)n of the ¢hariWs finances. Tir£ah Jones land Tin¥)Ihy HOWWI I￿k at the acuunts on a regular basis and %ytii hoghlwht any concems to the trustees. In addili?n, the treasurer ¢ir¢ulates a summary of th6 cuNorrt IhNqnces on a a periodic b8SiS throLohout thè year. ThL* means that 8ny potential str¥inB on finances are spotted eady and approprk•te action 18 taken. United Beach Misslon Trust Trustees. Annual Report (e Year end•d 30 Septsrnber 2022 Payroll do¢umentalN)n is stlll outsourced to an Agen[ WIU) payments to HMRC personally handled by tht Tr8asurer. Payment of sakiries to staff is handled by the Treasurer. All other payments are mainly deam with by th• Admini51Jation Offi¢er the Execufjve Officer and Irish Office manager doing others. Sepwatiw of Income and payments is maintained. with office stsff in Belfast and 8￿8nd handllng 41 in￿me. The trustees are mindful of tha worfd economic dimate and fina￿101 wessure8 ¢)n donors kn the charity. The Cl)St￿f-lI¥ln9 crf8is deepened in 2022 Wbth the vrar in Ukraine and energy prfees rising dramatlcalty. As well as the regular reporung. a finance committee had been meeting once a year to discuss thg financial pLanning for the charity. It was fett that this was r¥)t needed in the ¢urrenl financial year, atthw9h the Executive Committee haye inltiated di8¢x￿S1onS about creating o 'finan¢es and general purposes, commlttee. Thg net Inc￿mir￿j resources lor the year amwnted to £55.903 (2021.. £47,232). Gross income has in¢reased to £310,769 (2021: £241,321). Total Funds has in(xeased by £55,903 li the year, glving a total funds carried forward of £1,090.366. £25,Crf)O are wtri¢ted funds (Telated io Ltandudno HoLL8el. Pr8vlous balance shown as blfwd was Spent in 2020121 to refurbish New Quay House. Plans for fthre perlods Our fcojs for the 2022r23 financlal year be to Ii enwre a gcoj transition to the new Execubve Officer and new Chairman ill Fwgres6 the key priorlties identified by the revlew. These priorities ndudg identifying ￿ trainlng tho ngxt generntiDn of knaders and thus passing on the baton. The set-up of a ntw Irish legal entity should b8 completed in the next flnanck?l year. The process 1$ taking longer than aftt￿l￿ted. Although the requremenl is to have iwo separate trusts (UK and Irlsh), the aim is to te seen as one logi¢alorganisalon Iopgrationalty and in ethos). The trustees, annual reFfjrt was approved on 18 Juty 2023 and sKJned on b8haN of the board of tru5tee8 by.. MrT J Howlett Trustee Unitsd Beach Misslon Trust Ind•p•ndent Examinèrf8 Report to the Trustses of Unltod Beach Mlsslon T￿￿t Year endod 30 Sept•mb•r 2022 I reF47rt to the trustees on my examination of the financlal statements of Unlted Beath Migsion TN8t cthe chariv) for the year ended 30 September 2022. R06ponsibilttI￿ and bo918 of r•port As the trustees of the charity you are responsbl8 for the weparatKJn of the finandal statements in athance r4uir8men18 of thè Charits'e5 Act 2011 Itthe ACYI. I report in reyct of my examlnation of the tharitys ffinanaal ststements carried out under 8ectlon 145 of the 2011 Act and in carrying out my examinakn.on I have followed ￿1 the ap￿ratsk* t)iTrctDns gfven by the Charity Commiswn under 8ecthin 14515}Ib) of the Act Independènt examlnee$ 8tat•mont Sln¢e the charity's gross income exceeded £250,000 your exarniner must a memter of a bc4Jy sled In section 145 of ￿ 2011 Act I confimi tt)al l am qualified to undgrtake the éxaminthn because l am a member of the Insltute of Chartered A¢Muntants in Enyland and Wales {ICAEW), whKh Is one ol the listed l)odie8. I have completed my eXamInat￿)n. I ccfflfimi that rK) matert81 matters have coma to my attgnycfi In LX)nnection with the examination gtvlty me cause to belleve th3t In any matertal respect accounJNJ records were not kept in respecl of the chanty 88 requTrd by seclion 130 of lh8 Act: or the fknandal 8tateff£nts do not accorrl wlth tPThe records" or the finanL?al statements do ￿t CJ)mpty wllh the appItsb￿ requirements concemlng the fomi and content of a¢￿Unts 8et out In Ihe Charib'es (Accounts and Reports) Regulations 2008 othèr than any requirement Ihat the ￿OUnts gNe a 'true and fairf ￿eW %thlch is not a matter considered as partof an indeFend•nt examinatlon. I hav• no concems and have Gom8 other matters In Conn￿tion w41h the examination to whlGh attention Shouhj be drawn in ttt￿ reprlt in ord¥ to enabkry 8 proper understandlng of the Mark Illingsworth Independènt Examiner The Old Mill, 9 Soar Lano Leicester LE3 50E 10 Unitod Beach Mlsslon Trust Statsmant of Financlal Activiti08 Y•ar •nded 30 Saptembor 2022 2022 UnrestrKted Restrthd fund$ funds Totsl fvnth Totsl funds 2021 Incorne and ondowm•nl• Donat￿n5 8fKI legactes Charitable pLtivrli85 Invetstment I￿rne 197,425 88.300 25.000 222.425 88.300 44 204,000 37,247 74 Total Incom• Exp•ndfturn ExFendituTe on charitable acliviti•$ Total exP￿ditUr9 285.789 25,000 310,789 241,321 7￿ 254.866 254,868 254,866 194,089 194,089 N•t Inethm and not movaffl•nt In lund8 30.903 25.DCM) 55,903 47,232 ReconclltatSon of funds Total funds brought forward Total fund6 carrfod lorwanl 1,rK15,913 1,036,816 28,550 53,550 1,034,463 1.090.366 987,231 1,034,463 The statement of financrdl acilvw IrKlvdes all gains and losse8 recopnised In the year. All incom8 and 8xp8nditure lerrve from ¢ontinuing athrties. The not06 On pago• 14 to 20 fryffl ol thowfln•nGi•l 8tstarn•nl& 11 Unltsd Beach Mlsslon Trust Statèment of Flnanclal Po8ltlon 30 Soptsmber 2022 2022 2021 Flxed a••ets Taryible fixen uncertalnty The Pfepar8tion of th& ffinancial statements rv4uires ￿nageM￿l to m*e ludg8ments, 8&timates and assumptions that affect the amounts reported. These estimate8 and Judgements are continualty r8vievMI and are based on experiènce and other factors, induding exF*ctstkirts of future events that are b8liÈvwJ to be r8a8onable under the clrcumslarKes. For•lgn ¢urr•ncle• Foreign CUr￿ncY transactions are initially r￿Cided in the funcknnal currency, by •PF4wng spot exch8nge rnte as at thg date of the tranS￿tiOn. Monetary as38ts and l￿bIlitIeS denominated in fcreKJn currerrias ar8 translated at the exohange rate rullng at the reporting date. any galns or108se$ ￿Ing taken lo thg ststement of financral activibts. Fund accounting Unre8ln¢ted funds avallable for use at th8 discretion of the tntste68 to further Bny of the charitls purp08es. Designated funds are unrestn'cted funds earmarkwj by the trLFStees for pard￿lar fvtute project or comrnttment. Restricted funds ar8 subjected to restrsthns on thair ex￿nd￿￿re d￿lar&I by the dow or through the lemis of an appe81, aThY fall irbto one of Iwo sub4a8se6." restricted income funds or endowmert funds. 14 United Beach Mlssion Trust Notes to lh• Flnanclal Statements (¢tsnOn6•dJ Year •ndèd 30 Septgmbor 2022 3. ACc￿ntIng polkS•s Incoming reaou Income Afi incom8 is includgd In Ihe slaternenl of flnancial advitses y￿n the c*arity is gntitled to the Ineome. any perfomiance related ¢ondillons attached have teen n*1 or are fully within thg control of the charity, th? incorr* 1$ considpred probsbk and the amount &in be quantif*d wilh reasonabie accuracy. R•SOu￿0￿ gXPgnd•d Exp8ndlbJre IB rerQgnis￿ on an acc￿￿8 basls as a liability is incurred. Ex￿￿￿lI￿re includ8s any VAT whi¢h c8nnot bg fumy rKovered. and is dassthed undar headings of the statsment of flnan¢Aal acti¥rt￿ lo whth it rpktas.. expen¢JibJre on ¢harilabl8 8clv6Ue8 Includes all costs Incurred by a thartty In undertaklng actsvili88 Ihat further its charStable arms Ihe benefft of its teneficia￿s, including those Support Costs and costs rdating to the governa￿ of the Charity 8PFQrtfcfied to tharitsble activiti￿. T•nolblo ￿8•tr Tanglble asBets are InttLqlly recorded al to$l. Dow•clatlon Depreclation is cakulated $0 as lo wrile off Ihe Cost cf vthation of an asseL kn rts ￿SIdUal value. over the useful ecOr￿Mic1￿6 of that asset a$ follows.. Freehold property No depre￿ath No deprecfation wll be prowded on prOperties.Per￿iC revaluatlons wll be applvad, on a frequency not exL*eding 3 year5, recognising the potsntial resale value8 of the properties. The St Ives valualion was a midpoint of 3 recent commer¢ral valuations, and the LLqndudno valu81ion bas￿ on similar properties sokl in the area. The Newquay prcyrty w?s acquired In the previous y8ar, and the costs of acquisition. twher with professlonal fseB Bnd rtht acqui￿￿on renovation costs h8ve been expensed. Govemment grants Govemment grants aro recognl8ed at the fa"f value of Iho as8el received or re¢eivable. Grar¢ts are rL)t recognisad unts'l there is reasonable assurance that the diarity wlll comply wrth the conditions attaching lo Ihem and the grants w￿1 be recer¥8d. Imiere the grant does not impose specrW future performance.related (x)nditK*nB on the dpienl, It Is recc4Jnised h kn￿me when the grant proceed8 are recelv&J or recervsb￿. Whare grant d088 impose specified luture perfomiance-related condknon8 on the recqpient, rt Is recogntsed in inc¢)me On￿ when the perf0M￿ne6-reLgtOd conditK*ns have been mel. Where grants r¢¢•ived 8r8 pri)r to sati8fying the fev8nue recqnrtion ¢nteria, thgy are r•¢ognis&d as a 15 Unlted Beach Mlssion Trust Nol08 to the Financial Statements (¢tylllnu Year ond•d 30 Sept•rnber 2022 A¢C￿ntIng polkles (conthu•d) Fina￿la1 In8tNm•nts A financral asset or a tkHnc*l Ikbllity is recopnlsed only ￿then the entity técomes a party lo lh8 Contra￿81 ￿￿o¥ok)n$ ofthe instrument Defin•d ¢ontrlbutlon pknns Contributions to défined contributton plans are recognised a5 an expense in the perljd In the relgted ¥•rvtce is provrded. Prepakl eontributions arè r￿jgn[Sed as an asset to the extent thalthg prepayment will to a reduction In ftrture p8yments or 8 cash refund. When wnlrfbulon8 are not 6xpected to ￿ sotued ￿lty wtthln 12 monlhs of the end of tha rewrbng date In the empbyees render the related 59MCg, the liat41ty 1$ measured c di￿oUnted pre6ent value basts. The unw¥idirKJ of the diswunt is recogn16ed 8s an expensè in the pgriod in vthich it arises. Donatlon8 wnd109ocla• Unrestricted Restrrtod Total Fund8 Funds Fund$ 2022 Don•tlon& DonalKJn5 8p8cifi8d giving 197,270 197.270 25,thJO 25,CQO Grant8 Govemment grant inc4)me 155 155 197.425 25,ONJ 222.425 unrestric￿ Restrlcted Total Funds Funds Funds 2021 Don•tlon• Donalons Specif￿ 91￿1￿ 179,649 179.649 15,000 15.000 Grants Govemment grant income 9,351 189,000 9.351 204.000 15,000 United Beach MIs8lon Trust Notss to th• Flnancial Statsments l¢vnti4wadJ Y•ar onded 30 S•ptsmber 2022 Ch•rft4bl* a¢tl¥ltl•• Unfestricted TotAI FundB Unr851rKtod Total Fun(J8 Funds 2022 Funits 2021 Depoglts and fees for mI￿on$ l)eposit8 and fees for reunbn U8e of proF*ty Sale of shirtslmaterlalo Other incomelexchary differences Foosldonat*Jns rocoNed * ¢xntres 60,502 16,675 1,870 5,808 3,388 257 60,502 16.675 1,670 5,808 3,388 257 34,613 34,613 2.491 143 2,491 88,300 37,247 37,247 Inveskn•nt Income Unre6trthS Totsl Fundb unles1rf￿ Totsl Funds Funds 2022 Funds 2021 Bank inteTe¥l rKavalJe 74 74 Exp•nditur• on ch•rlabJ• actMtkn• by lund typ• Unrethctsd Tolal Fund8 Unre8blctad Totsl Funds FU￿1$ 2022 Funds 2021 Charitabb Activ￿e6 Supp)rt costs 252.653 2,213 252,653 2,213 254.866 191,TT3 2.318 194.089 191,773 2,316 194,089 254,886 Eyndrturn on charftablé act￿lt￿ ty aGtlvlty typ• Aclwities u￿ertakèn dIr8￿Y SupF<*rt (>)5ts Totsl fund8 2022 Total fund 2021 Charitsble A¢tThiitie8 Governance Costs 252,653 252,653 2,213 254.886 191.773 2,316 194.089 2,213 2,213 252.653 9. Net I￿orn4 N•t income i8 Stated after charylWl¢mdttlngl". 20 2021 Foreign oxchange differnnces 741 17 Unlted Beach Misslon Trust Notos to the Flnanclal Statsm•nts l¢ththu•d) Year ended 30 Septsmbér 2022 10. Ind•p•ndwrt oxamlnitk>n f• 2022 2021 Fees payable ta the Independent examiner for.. Independent examination of Ihe finandal statements 1,950 11. St•ff ¢￿t4 The average h8•9 ¢ow)t of employees durfng Ihe year was 5 (2021: 41. No ernployee ￿￿ved •rnpbyee benefits of moro than £60,WO during the year {2021'. Nill. 12. Tru8ts• romunerntlon and exp•na•o No trustees reeeW remuneration frun the charlty during the y￿r {2021 £nll}. During th¢ ypar expenses were met ty Ihe charity on behall of one tJustee corrying out ch8rit8bl8 aclvltw arnount￿￿ to £73512021.. £100). 13. Tanglble flxed a8•ets Fmhold prop•rty At l October 2021 and JO S•pl•mbor 2022 Doprociatlon At f October 2021 and 30 Septemb•r 2022 Carrylng amount At 30 Sgpl•mb•r 2022 At 30 September 2021 1,070,589 121,750 948,819 948,819 14. Debtorn 2022 2021 Prepayments and accrued inco Other debtor¥ 1,220 17,976 19.196 17.359 17,903 18 Unltsd Beach Mlsslon Trust Nots8 to the Flnanclal Statsmonts (CL¥Jlfnu•dJ Y•ar ended 30 S8ptemb•r 2022 16, Crndltors: amounts falllng duo wtthln on8 yoar 2022 2021 Accruals and deferred incomo Social securfty and other tax88 Other ￿ed 5,001 1,393 3,163 1,114 11 4,288 11. Credltorn: amixints lalllng due after mor• than on• y•ar 2022 Other rrnrfitors 75,000 75,000 17. Pen¥ion• and oth•r post retlrenKIrt IM•lll8 D•lln•d eontrlb(rtlon plan8 The amourrt rwnL8ed in incorno or 8xpendiiur8 as an expen6e in relation tg dth contribution pkns ￿a$ £3.37212021. f2,4151. 18. Oov•rnmonl grants The amounts T￿09r￿Sed in the financial statemants for govemment grants 8rè as fdlows.. 2022 2if21 RecryJni8ed In income from donats'ong aNI leg&ies.' Govwnmenl grants ineome 155 9.351 19. An*sis of ¢harftablg fvnd• Unr#slrlct•d fun At 1 October 202 Income Expgndlture TransferB 30 S•pt•mbe r 2022 Gene(al funds Rovaluation reSe￿e 802,163 403,750 1.(KJ5,913 285,769 1254,8661 28,550 861,616 403,750 1,(￿5.388 285.769 1254,868) 28,550 Al 1 Octoter 202 InGome Expenditure 30 September 2021 Transfers General funds R¢valuats'on reserv8 569,931 403,750 973.681 226,321 1194,0891 602,163 403,750 1,005,913 228.321 1194,089} 19 United Beach Mlsslon Trust Notss to the Flnan¢lal Statements (eonth Year ended 30 septsm￿r 2022 19. Anatysls of charttablo fvnd8 1 October 202 In¢t>me Expendliure Transler8 30 8Wem r 2022 Restricted fund- Nthv Quay Hou8e Restrthd Fund - Llandudno House 28,550 (28,550) 25.0)0 25,000 20,C(WJ 25.000 28,550 (28,550> 1 October 202 At 30 September 2021 Income EXpendi￿re Transfers RestrlGtsJ fund- New Quay Hc￿se R6Stricled Fund - Llandudno Hcx 13,550 15.000 28,550 13,550 15,000 28.550 20. An•ty8kn of n•t •M•l• ￿tw•ffi fund Unre¥trcted Restllct8d TotAI Funds Funds Funds 2022 Tanglblg fixed assets Current assets cr￿tt01S less than 1 year Cr￿lIoTS greater than 1 year 923,819 223,049 16,502) (75,0001 1,rA5,366 25,000 948.819 223.049 (6,5021 175,000} 1,090,3eo 25,000 UnrEs*rthd Fund$ Restricted Totsl Funds Fund$ 2021 T￿gib￿ fixéd a888ts Curfenl assets CredttcKs less than 1 year Creditors greater than 1 year 920.269 164,932 14,288} 175.0001 1,005,913 28.550 B48,819 164,932 14,2881 175.000) 1,034,463 28,550 21. An•ly811 ol ¢h•ngo8 In not d•bt At At 1 OGt 2tr21 Cash fiows 30 S•p 2022 147.029 5S,824 203,853 Casn at bank arKI in hand