CHARITY REGISTRATION NUMBER." 273912 United Beach Mission Trust Unaudlted Financial Statements 30 September 2023 VER ANT ASSOCIATES LLP Chartered accountants The Old Mill, 9 Soar Lane Leicestar LE3 5DE
Unlted Beach Mlsslon Trust Flnancl81 Statements Year ended 30 Sepiember 2023 Page Trustees, annual report Independent examineS report lo the Irustees Statement of financial activities 10 11 Statement of financial position Statement of cash flows 12 13 Notes to the financial siatements 14
Unlted Beach Mlsslon Trust Trustees, Annual Report Year ended 30 September 2023 The fruslees present their report and the unaudited flnancial statements ol the Charity lor the year onded 30 September 20. Reference and admlnlstr•tlve dets113 Rog16tsrod charlty name Charlty reglgtratlon United Beach Mission Trust 273912 pncIp&1 olfice clo EVaThJe1al Movement of Wales Waterton Cross Business park South Road Bridge CF31 3UL The trustee$ Dr D N¢Nbury Prol S Tayk)r Mr D A Johnson Dr A Miichell Mr J E Duffin Mr S J WrvJlrt Dr D nscOu9h Mr R S A Hilliard MrA Pryce Mr T J HOOtt IResign&l 1 Oolober 20221 (Res1 l January 2023> IAppointed 1 January 20231 IAkwolnted 1 January 20¥dl Indwndenl examln•r Mark IllirvJsworth The Old Mill, 9 Soar Lane Leicester LE3 5DE
Unlted Beach Mlsslon Trust Trustees. Annual Report Iconllnued) Year ended 30 September 2023 Stru¢turo, gov•rnance and managomeni United Beach Mission Tnjst is a eharitable organisalion IReglslered Charity Number 2739121. The Declaration ol Trust dated 11th May 1978. aman¢Jed on 6th March 2¢J)3. 15 June 2005 and 24 November 2007 govems the Irusl, The orKJinal trusi de&ds and all amendmenls are held by the charrty's treasurer. The trustees, who form the EXUtive Committae (excepting any who are aso gmpbyees ol UBMI adminisier the charity. Tw8tees, Olll¢ers, Staff and Strueture On 30th September 2023. the offKers of the Charity were". Chalyman - Mr Timothy How18tt Secretary- MT Jason Dullin (who also acts as deputy chaimianl On 30th September 2023, the oihgr Iruste8S Were.. Mr Stephen Wright Prol. Stephèn Taylor Dr Alan Mitchell Mr David Ains¢ough Mr Richard Hilliard Mr Andrew Pryc9 The Execufjve Committee eonsisls of the trustees plus Ihe fulktime &xeculw8 Officer and part-ome Irrsh Executive Officer. Appointment of lulure trustees will be Irom volunteers dready committed to the woth of Ur7it•J Beach Mlsslons vtho WOU add tangl8 beneltt In carryiro out the dut$ of Trustees. The desire ol the Execuknve Committeg is to look lor other people lo be apF(sinle(J lo it. This might mean a lempor8ry bu1 in rts size. As U8M's polrcy is that Ex8cullve Committee mombers slep down rf they ar& no longer aclively doing mission or at age 70 rf eadier, there is recognition that curr8fi1 members wll leave In 202512026. In January 2023 Prtsf Stave Taylor stepped down as Chairman, having seryed in that rolo lor 27 years. He ièmains a trustee. Mr Timolhy Howlett stepped doym from his employed ro19 as ExecLrtive Officer wlth the organisalion and look up the position of Chalmian. Dave Johnson also stood down as a INstee but will cary out the Ireasurerfs role unt51 a sullable replacement can be fou1 and trained. At the May 2023 meeting. It was agreed to approach Mr Ajan Wells lo take on th& role of treasurer and report to to the Executlve Cornmitt88 but not be a momber of that commltte8. He agreed to thls. and handover is currently in progress. The prc*&8s of looking for a now Executive Oflur started in the prOvU$ financial yaar (March 20221. After discussion whh Prof. Stove Taylor and Mr Dave Johnson and mgeting with the Irusleès ind1vKlual at the fftainland Reunion conferon in September 2022, Mr James Lycett was ollered and accepted the role. Mr James Lycett stepped Into role as Executive Offker on the 1 st of November 2022. At thè end of Decernb8r 2022 Mr Tlmothy HOett ofticially sl8$1)ed down from this role whlch allowed for a on8- month handover periorj and a one-monlh gap before starting his next pa#1 empltsyThenl. The Executive Officer 1$ a member ol th& Ex8culiv¢ eommittee but, as a Pa otticial, not a ITusl8e. The Adminlstration Officer is Miss Tirzah Jones.
United Beach Misslon Trust Trustees. Annual Report Year ended 30 September 2023 The part-time lrfsh Exe¢ulNe Officer is Mr Hugh Martin. His prlmary locus is lo a) progress the establlshment ol the UBM Flepubllc of Ireland TNSI (see later) and bl coordinate recruitment and devek)p relalionshlps wlth a vw to sge more volunteers on Irish leams. He WOU be paid on a self- employed bask% and woulj be reswnsible for his own HMRC payments. Two othw staff {Mrs Ulwyn Marshall and Mrs Marion Mayes) were employed on a part-lime basi8 to help ¢arry out the adminlslralion lunGlion ol UBM. This amounts to approximately hall a full time equivalent. Occasionally. there was a need lor them to earry out spectfic tasks which were carried out accordSng to the luilough piowsions of the goveinmenl scheme. Mrs Mamn Mayes slekJ)ed down from her TO with UBM in September 2023. Organisational Siructurfr Many operational deeisions are d8vofved lo thg Management Grovps {MGI. There are four MGS (English and Welsh Beach Missions, Irish B¢ach Missions, Christian Answer Missions. Continental Mi88ion$l and each MG ha8 a Ift1¢e as ts cha'r. They regularty meet to mview the opgration of tho work. The ExecutSve CommMte8 seek lo meet when they can Io Strategically develop the work as well as cover Ihe18gal and governance Issu8s expecied of trustees. A subset of the Executwe Comrnitt88 will occasionally m00t up with the ExecuNve Officer and AdmSnistrallon oificer lo progress matters raised al ihe Executrve Committee. There has been ongolng discussion as lo how bèst lo organise responsibllliies such Ihal the work of UBM is managed and dèvtsk•ped effectively.
Unlled Beach Mlsslon Trust Tyusieos. Annual Report l¢ontth Year ended 30 September 2023 Obloetlvès and acllvltlès Thgre are three priwpal aGINNies ol UBM. The Ilr8t prlnclpal aetlvlty is the procMal0n and furthefanc8 ol the Gospel of Gfxl conGerning hls son Jesus Christ and the preaehing and teaching ol thè Christian faith in the UK, the Republic of Irdand and in Continental Europe. This Ss achieved by Ihe organisatlon, sponsorship and promotlon ol lffler-denomlnallon Chrlstian work. In partular, U8M organlses: al 'W¢h Mission, teams on the beachgs ol the UK, Ireland arKI Continental Europe wlth th8 alm ol sharirMJ the good news ol Jesus with families. bl 'Christtan Answerf teams in various cities and lourlst k)CalnS thIn the UK Isuth as LOn, CambrfL*Je, Oxford and Edinburghl. Thi% is through op8n-r preaching of the Christian laith. book tables and persc engagement yth Ihosg willing to do so. ¢1 'InternaOnal stent Oulrea¢h' teams. This aspoct of the work currenlly runs in Bournemoulh. dl 'Avancerf teams. Th9s9 weeks of angel15M organSsed by local churche8 in French speaking Europe. The churchès are resnsib {legalty and linanciallyl for the wegk, bul UBM is happy to promote. pray lor and provide team members lor oach ol them. e} 'MV' Teams run in drfferenl European locatn$. In 50mp instances, as with Avancer 168ms UBM promole and provNJe teams members and the work is run moslty ty the Ial church. In other instances. the leadershlp and vasl majorty of the team apply through UBM wi¢h the lo¢al church SUF¥)Orting the mlssion. The seeond prlnclpal actmty is to dèepen the knowle(13e of th8 Biblo ol those we have mel through the above aclfvlll8s. In partioular, UBM: al organlse8 BIb correspondgnce Urse3 for children and adults. b) answers any queries aLN)ul Ihe Christian faith from those who Inquire. Th• third princlpal actfvltyi5 to train and develop UBM volunteers (both on teams and throughout year) for the task of sharing the good news ol the GOS1. These come trom churches wilh whom we Seek lo establish a good worklng relallonshlp. In 2022. 328 difforenl churchas sent volunteers weeks with UBM Impact ol tho Cov1&19 Pandomlc This y8arfs reFQrt will bè th8 la51 relgnce lo the impact of CovkJ-19. The 2022 and 2023 missron years were seen a8 a building ba¢k seasons loi UBM. After no missions in 2020, we werg able to run some teams in 2021 with differenl restrictions in place across the drfferent countries in vthich we 0rats. 2022 promdod further opportunity to start redeveloping and increase those opportunities and in 2023 Ih&re wa5 a slight increase again. In these 2 years, we were ae to run more teams arKI accept more team memb8r$. There is an a¢knoYAedgmenl th5n UBM that il will take a lew more years lo rebulld and reaeh the same level as we-covid lig 20191, both in lorms ol the numbei ol rnissM)n weeks Gan run and leam members. Publ1¢ 88Mlit UBM provKles pjblic benefft In many drfFerent ways. The main benellts in¢luds, but are not confined 10, the lollovhng.. ' M8kiThJ known the Gospel ol Jesus Christ, fr8&ly aTrJ %wthout tharg9. to familles and indNiduds. È#)Ih
Unlted Beach Mlsslon Trust Truee8. Annual Roport (¢Onllnwd) Year endad 30 Sepiember 2023 in ihe UK and beyond. who ¢lherwise woukl not have the (¥Jportunty lo hear it. . Maknng freety known the leaching ol th& BIle lo members of the publi¢. in the UK aThJ abroad. ' PTowding free family centred aclrwl'es for holidaymakers in thg UK and aad. . Provithng leaching lor young peOe in the Christian faith. . Proviolng training for young people in the praclice and prSn¢lpl&s of ihe Chrislfjan falth. Provlding opportunttbs lor young people lo develop teamwork k8adership Skills. ' Provldlng training for young peopte in FJublK spoaking and dobaling. Prov*Jing a resource for gvangelul churches lo train their young peopie. Providlng trwniThJ as children's. lamlly and rnal workers. ProdIng training and opportunilies in evangelism. SuFptylng Iheralure Ireety regardirKJ the Chri%tian laith to memb3 of the publc. Providing online resourcos Ivia Sever websites) to explwn the Chrfstian faith. ' ProdIng Bible correspondence courses anabling d&op8r understanding of Chrislianty. Providing trwning and opportunilles in crtss5-cuttural evangelism. Provl(Ing a trainlng ground for younger Christians that other Christian organisatlons draw workers Prlnclpal Addre$$les) During this financid y8ar, the r8gistargd off9 of UBM was: lo Evangelical Movernent ol Wales, Watsrton Cross Business Park. South Road. B1gend. CF313UL. We also rent subshjlary oifice space for our Irish operatr)n al.. 218 York Stre8t Belfast BT15 1GY. UBM banks al: HSBC, 42 Wo¢xiford Road. Bramhall, Stockport, Cheshlre SK7 1PA. U8M has a couple of operalional bank accounts leg wllh Danske Bank) lo manage payrnenls for the
Unlted Beach Mlsslon Trust Trustses, Annual Report l¢onllnu•d) Year ended 30 Seplember 2023 Irish missions we wn. Achlevgmants and rfOrmanCe 2023 A¢tlvllle¥ Ev8ngell8m The man focus lor thg 2022123 financial year was io continue rebuikiing and consolidate our mlsslon opportunities post Covld. We recc¥Jni8e that r8lurning to the pre Covld-19 pandemic lev81s would take several years and would need lo take Into account our usuai wnSKleralions such as strong teams and dual leadershlp. In 2023. a5 in 2022, we were lo open this on 1st January as has b88n th8 usud practice before the Covid-19 Pandemic. The summary of Missn$ we ran is., - 36 weeks Erolish and Welsh mlssion$ 12 lrfsh missions 11 Christian Answer missions 3 weeks of Inlemational Student Outreach mL8slons 6 Continental 'MV' missions - 2 Avancer misslon While most missions opgraled wth smallgr teams then in 2019, many commenlgd on the openness of families reached by the woth. All missions were able to.run programmes and il encouraging lo renew old a1 pr8vIou8ty Trached contacts. The number ol team members in 2023 was 749, which was an increase from the 699 In 2022, and up Irom the 358 who joined teams In 2021. Follow up The websites for bolh the Chrlslian publ Iwww.ubm.org.Lthl arKI those we meet whgn we run our activities IlhebgaGhieam.org. Iheehiisliananswer.org} are visited regulady. We receNe responses and gnquiries ITOM Ihern on a regular basis. R8sources are sent lo all parts of thb vrkI Irom p¢ople wishing to lind out more about th9 Chrlslian lailh. The Postal Bible Club IPBCI continues to otter free Bil8 correspondence courses to Ihose we havg m8t through the work on thg beaches, and each month we sènd lesson to hundreds of Chiklren. It 1$ FAanned lo review the ell8Ctiveness ol thi$ side of our work and make changes thai lake into aceounl the ever-changing needs of lomilies and irKlividuals we meet. The lull impact of our evangelistic outreach is unknown. Ea¢h year we have emwL8 from peoplè who
United Beach Mlsslon Trust Truslees. Annual Report {conUnu•dJ Year ended 30 September 2023 have been helped through the worf( of UBM. Some of the stories go back many years. but we gel to hoar them for the first Ilme. Tralning •nd F•llowship In Mar¢h a joint LeadershSp TranirKd event was run in o)njunction 1th Young Life, helj in the Bromsgrove area. The eveni was designed to provide biblical tea¢hing on leadership lor oxperienced team members. Our usual Leaders and Seniors, Day Ipreparalion loi going on rnissionl was held in th9 Nuneaton area in May. A lull UBM Reunion Conference, was attended by around 300 people In September and hgld at the Cefn Lea Christian Conference Centre in Newtown, Wd6s. The leaching was based around the theme ol being rgady to serve Jesus. In mid-seplember ihose involved In Irlsh Beach Mi$sions me at Belfast Blbla College for leachlng and fellowship across Ihg FrKlay evening and Saturday. Revlew In 2020, a review of the wholo work was initiated. Various lask groups were sel up lo assess thèir speclllc areas ol the work. The rewgw highlighted key priorrties lor each area and these will be kept visible lor each of the task groups. For each ol the areas, the main locus was lo restart misslons as Cowd restrictions wgr9 eased. As reported above, this has been further built upon in the 2023 season. More ol the key out wort<ings of the review will comg into effect durSng the 2024 season. The ExecutN8 Commtttee and each Manaoement Group will ensure that key Teview areas are part of their aggndas. Other aetlviti We provide inf0miaOn to prayer sur4)orters ol our work on a regular basis. A monthly prayer letter was produced and seni 10 3000+ peop, an online prayer meofjro is also hekl on th8 2nd Thursday ol every month. The tNslees remain vlgilanl to the growing requlremenls ol legislation on charrbes in the UK. One k9y locus that has b68n highlighted in previous annual rapgrts is to progress the set-up ol a new ITish leg ontty Isee n8xl sgdion}. Rlsk assessmènts were published in new formats ready lor our summer 2023 aclMt*es. An in-depth review has also bgen underway ol thè UBM Safeguarding Polky (previously Called the Child Prolectr)n Policy) which should be finalised and published in the next Ilnanclal year. Behind the scenes, work continugs to PTO9ress and Improv6 effl¢ioncy and pro89S. For exampkg, 8nhancemenls arg Conlinualty being worked on for our online administration sysl&m. The plan being that there will provide resources and infomialion about UBM to existing aThJ new team members.
Unlled Beach Mlsslon Trust Truslees, Annual Report (contlnwd) Year ended 30 Septsmbgr 2023 Flnanci41 rnviow Flnancg gnd Roserve Fund6 The value gf Ihg Ihree properties owned by UBM is now gsllmated to be In &xc¢$5 of £1,000,000 whlch ¢onslitules our reseNe fund. The 2022-2023 accounts hav8 these tangiblg assets detailed at £957,822, a conservative estimate. This was the same as th8 previous three accounting peritsjs. Th9 house in St Ives, Brookdale was vaiued at £640.01. Perthi¢ revakjalions will be applied, on a Irequen¢y not exceeding 5 year5. rocognLsSng the potential reSe values of the properties. Thg next revaluabon 15 dug lo happen for the 2024-2025 linanGid year al the late*. We have never In the hlslory of the charty seen funds drop to zero. The trust90s consider that holding %thal many of our supporters perceive to b8 large cash reserves do not encourage the tarth principle that the charity wishes to promote. Nellher do large reserves stimulate glvlng to iha charty. Our policy is therèfore lo alk)w working cwtal lo fall Io zg10, with the value hekl in property us¢d to secure short- lem overdraft facilities shoukl we ever nèèd them. Th8 charity will sell propttrtie5 to to deal with any ng-levm requirement for borrovhng. The Chwrman will CWCLFlate a spg¢ifi¢ appgal lo our Advisory C¢Jmmittee should our wrting capital in the mdn account t811 bebw £10.000 and where expected income is unlikety lo restore lo this level. RealSslng the financial IMl¢atIonS ol the COVKI pandemic. many individuals and organisations generously donated lo UBM during the 201912020 accounting period. SirKe then our account balance [Ver went below thls £10,000 trigger. In fact, the minimum balance in the main account during 202212023 was c£74,500 and the maximum was c£120,5. The bance at Ihg erKI of the financial year was c£116,100. In the linanciai year 2019-2020.11 was agreed that £21.000 of thls would b8 transferred to the new Irlsh legal entity onc8 Ihis has been set up. As this process is taking longer than expèct1. lurlher dlscwssion by the trustees occurred In 00tr 2023. The key decisions warg al to confirm that the amount that currendy existed In the Irk%h sterling account would be transferred lo the Irish legal entity and bl there would be a carefully manag8d r8conclliaUon process lor all money transactions belween th8 trusts with effect Irom 1st O¢iobgr 2023. As usual we submitt9d ¢)ur Gill claim. Thls year the lolal was £12,553 and was re1ved in 5 payments in January 2024. Slgnlflcant funds were spgrrt renovalbry our LlandLKlno prowty in thls financial year. Th13 Included an addttional oullay 01 £35.000 du8 lo a floc#J In June caus8d by the water lank on the iool. To ensure that the house was ready to b8 used in July and August of that summer, money from Ihè main account was used lo fund thls work. Monies reclaSmed from the insurance company ar8 accounted lor in Ihls perk)d bLrt ¥11 b& f8c&Ned in the lolli)wing flnal1aI year. During the 2021-22 financial year. treasurer has stsrtetl conveisations with a potential donor who would like lo give a 'SubStanti, gift lo UBM each year out of his investrnent portfolio. Future trustèès. reports will detail any swjnrficanl outcomes from these convarsalions. 11 Is expected we will see these grfb arri¥lng dudng the 2023-2024 financial year lo support our work during the summer 012024. Management ol the main UBM bank account is undertaken on-llne with Miss Tirzah Jones as the primary user and Mr Davwj Johnson and Mr Timothy Holett as secondary users. This has greatly alded the dègree of finanual oversight exercisecl by th8 Injslees arKI th8 smooth op¢ralion of the ¢harily's finances. Tirzah Jones land Timoihy HOettI look al the accounts M a regular basis and wll highllghl any concerns lo th8 trustees. In addliion, the Ireasurer clrculates a summary ol the current linancgs on a a perii)dic basis throughout ygar. Thls means that any potential strains on finances are 8p)ttad èarly and approF¥iats action Is laken.
Unlted Beach Mlsslon Trusi Trustse$' Annual R•port (¢&YKlnj Year onded 30 September 2023 PayToII documenlalion is still OLtsourced lo an Agent, with payments lo HMRC personally handled by the Treasurer. Payment ot salaries to staff Ls handled by the Treasurer. Al other payments are m8inly dealt by the Admlnlstration Ollker whh the Executive Officer and Irish Office manager dolng others. Separation of inGome an¢J payments is maintained, wllh office slalf in BelFast and Bridgend handling all income. The Irust99s are mindlul of the world eC0MiC climate and finanrAal pressures on donors to the ¢harty- The cost-of-lwing crisi5 deeFened in 2022 with the war in Ukralne ar energy prices rising dramalicalty. As well as the regular rep)rting. a linan¢g commrftee had been meeting once a year to dFSCUSS the flnancid planning lor the charty.11 was fell that this was not needed in the currgnl ffinanclal year, although the Executlve Committee have initiated dlscusslons about crealiThJ a yInaes gnd general purrx)ses' committ8e. The nel out90n9 resources for the year amounted to £68,812 12022= £55,903 incoming). Gross Income has drga$9 lo £304,81412022: £310.769}. Total Funds has decreased by £68,812 In the year, but still giving a hthY total fuNls carried forward of £1,021,554. Hans for luture p•rbods Our locus for tha 2023124 financial year will be to il the conlinu&l devglopment ol James Lycgtt as &x8CLrtwe Officer and ill progress thè key prioribes Kjentilied by the r9view. These priorities include Klenlrfwng arKI training the nexl gèngratn ol leaders and Ihus passing on the balon within both The Exe¢utNo Committee and Managem9nt Groups. It is hope that the set-up of a new Irish legal enlity bMII be completed in lh8 next financial year. The proee$# is taking longer than an11pated. Atthough the requirement Is to have Separate tnjsts IUK and Irishl, the aim is to be seen as one logical organisation (operalnallY and in elhosl- The trustees, annual roport was approve(l on 18 Juty 2024 and slgned on behaw of the board of trustees by: Mr T J Howfett Trustee
Unlled Beach Mlsslon Trust Indepondent Examlner's Report 10 Iha Trustees ol Unlted Beach Mlsslon Trust Yoar ended 30 September 2023 I report lo th¢ trustees an my examination ol the Ilnanclal slatements ol Unfted Beach Mls&on Trust Ilhe chaty1 lor the year ended 30 Septemb8r 2023. Rosponslbllltles and ba819 ol rnport AS the trustses of the charfty you ara rèsptrnsible lor the preparallon of Ihe flnttncial ststements in a¢cordance wth the requirements ol the Chartiies Act 2011 I'lhe Act'l. I report in r85P8Ct ol my examinallon ol the ¢hariVs financial slalemenls carld out L+nder Section 145 ol the 2011 Act and in carrying out my examination I hava followed all the applicable Directions given by the Charty GommlssSon undgr Section 145lSllbl ol the Act. Indopgnd•nt •xamlnerf$ st8t#m•nt Since th9 charitys gross incomg ex¢oeded £250,000 your examiner musl be a member of a body listgd in 58clion 145 01 the 2011 AGI. I confimi that l am qualified lo undertake Ihe examination be¢ause l am a member ot th8 Institute of Chartered AGcounlanls In England and Wales IICAEWI, which is one of the Ilsted bodies. I have completed my examination. I confirm that no malerlal matters have come to my attention in connection wth the examination giving me cau39 to believe that in any Materi respect.. accounting iecords wfjre not kept in iesp8¢t ot Ihg Gharity as requlred by soclion 130 of the Act., or the financial statements do not accord wlth those records. or the flnanclal slat¢m9nts do not comply with the appllcable requirements concerning the form and content of accounts sel out In the Charities IAccounls and Reports) Flegulallons 2008 other than any requirement that the accourrt5 give a Irue ar)d view vthich 18 not a mattgr considered as part ol an independent examination. I have no Goncerns and have come acros$ ro other matters in connection wtth thè examination to which attention should bg drawn in this report in Order to enabk a proper understanding of the accounts to bg reached. Mark Illingsworth Independent Examiner The Old Mill. 9 Soar Lane Leicèsior LE3 5DE 10
Unlted Beach Mlsslon Trust Staiement of Financial Actlvllles Year onded 30 September 2023 2023 Restricted funds Total fvnd$ Total fund5 2022 Unrestricted funds Ineome and ondowm8nt8 Donation$ and fegacies charitab tIvItIes Investment Income Other Ioe 174,586 94,947 198 35,083 304,814 174,586 94,947 198 35,083 304,814 222,425 88,3th) Tolal Income 310,769 Ewdliuye Expendilure on charitable admlies Tolal PondI1Ure 373.626 373,626 373,626 373,626 254,866 254,866 Nel (expondlturgvffincome and not mov•mènt in fund$ 168.8121 168,812} s5.8 Reconclliatlon vf funds Total funds brought forward Tolal funds earrled IoFwÈrd 1,065.366 25,000 25,000 1,090.366 1,021,554 1.034.463 1,090,366 996,554 The statement of financial activities includes all gains and losses recognlsed In the year. All income and expenditure derive from continuing activitigs. Th? nolfr8 on pagea 14 to 21 form wl of thèx fln•n¢lal 8talemènts. 11
Unlted Beach Mlsslon Trust Statement of Flnanclal Position 30 Septamber 2023 2022 Flx•d is••ti Tan9iile ILx&l assets 14 9S7.822 948019 Curronl ag8Ots Debtors Cagh al bank arKI in hand 15 49,040 94.456 19,196 203.853 223.049 143,496 Cr•dltors: amount8 lalling duo wilhin one )•ar Not eunBnt a*sét• 16 4,764 138.732 1,096.554 6.502 216.547 1,165,366 Tolal a88ets l•M evrront Ill1 Croditors: amounts Wling aft•r moro Ihon ong y 17 75,(MJ) 1.C121,S54 75,000 1.09D,366 Fund• of t ch¥lty Reslricled funds Unresiricted fu.. RwdualK)n re88Ne Oihei unrestrlcted ir¢ome lund5 Tolal unrestrkt8d fund• 25,000 403.750 617.804 403,750 661,616 1,065.366 1.0gJ.386 1,021.554 20 1,021.554 Total ¢h¥lty These financk?I statements wwe approved by the board of tru8teé8 and aulhorisl for Issuo on 18 July 2024. and are signed on b8hall of the board by: Mr T J HOett Tnjslee Thv not•8 on pagBs 14 ta 21 l•rm ol th•w Iln•ncW •l•temenl& 12
Unlted Beach Mlsslon Trust Statement of Cash Flows Yoar ended 30 Septembgr 2023 2023 2022 Cash flows from oporating activllles Nel lexpendrNwellinc(Kne {68,812) 55.903 Adjuslments for." Depredation ol tangl0 fixed assets Governm¢nt grant income Other interest receivable and slmllar kncome Accwed Ilncomellexpgnses 1,047 11551 1441 1.838 11981 (1,8341 Ch8nges In.. Trade and other deblors Trade arKI otsr creditors 129,8441 96 112931 376 Cash ganerated from opgraoons 199.5451 56.625 Interest received 198 N81 cash (used inlrtrom operaling activltles {99,3471 56,669 Cash flows from invesling ficllvllles Purchase ol tangible assets Ngt cash usgd in investing act1va8 (10,0501 110.0501 Cash Ilow$ from tlnanclng actlvltle8 Government giant income N8t cash from financing acliwlies 155 155 No1 {de¢rease)Ancrease In c48h and ea8h ¢qulvalents Ca$h and cash equlvalents at b¢glnnlng of year Cash and cash •qulvalgnts ot end of year 1109.397) 203,853 94.456 S6.824 147.029 203.853 The not•s on paps 14 to 21 lorm pwl ol th0 IlnwKlal $lat¥ments. 13
United Beach Mlsslon Trust Notes Io ihe Financial Staternents Year ended 30 September 2023 Qeneral Infwmatl¢n The charity is a benefit enlity and a registered charty in England aTrJ Wales and is unincorporated. The address of the principal offioe is clo Evangel81 Movgmenl ol Wales, Wat8rton Cross Business Park. South Road, Bridgend, CF31 3UL stsiomwt of eompllaneo These financi statements have been prepared in Comlance Iwth FRS 102, The FSnan¢i Reporbng Standard 8ppli¢ablg in the UK aThJ the Republic ol Ireland,, Slalemert of Flecommended Practice applrable to charrties preparing thgir accounts in accordance with the Flnaneial Rewtrrting Slandar(l apICable In the UK and Republic of Ireland IFRS 102} IChariti8S SORP IFRS 1021) arKI the char88 Act 2011. Accounllng poll¢l&s Ba¥rs of pr8parntlon The finawal statements have been Pfepared on the hIancal c08t basis. as modffied by the revaluation of cgrtain financial assets and liabilities and investment propgrtlos measured al lair value through income or expenditure. The financial statements are prepaigd in sleithng, which is the funclional currency of the entity. Iloino concern There are no material uncertainties about the charty's lIty to continue. Judgemonts and kay sour¢e8 of Olmlon uncertalnty The preparlOn of the flnandal statements requires management to make judgements. 88timal8s and assumpfions that aff8cI the amounts rewrted. The88 estimates and judgements are continualty reviewed and are based on exp8rlence and othar farAors, including expectations of Ire ¢vents Ihat are believed lo bè reasonablo under the clrcumstan¢9S. Fornign ¢uir8ncl8s Foreign currency transacfjons are inibaly recorded In the funeD'onal currency, by appng the spot exchange rale as at the date of the Iransacllon. Monetary assets and liabSllJes denorninaled in foreign currencies are translat8d at Ihe exchange rate ruling al the repong dale. with any gains or knsses teing taken io the staiemenl of linanciaf activitigs. Fund attounllng Unrestricted funds are avallaLle for use al thg discretk*n ol the lJust¢¢s lo furth8r any ol the charlS Fjurposes. Designat&Y funds are unrestricted funds earmarked by the trustees for pardcular future pro11 or cornmitmenL Restricted lund$ arg subjected lo reslridions on thoir expenditure dtrc1ar by the donor oi through the tems ol an apreal, and fall Into one of b¥0 sul>dasses- restrirtgd income funds or endowment funds. 14
Unlted Beach Misslon Trust Noies to Ihe Flnanclal Slatements (¢MUmMdJ Year ended 30 Septornber 2023 & A¢eounting pollcles IntInued} Incomlng resour5 Income All Income is in¢ludgd in the slalement ol fInanci a¢iivf(ies when the charity is entiled to the income, any pgrformance reLated conditions alla¢hed have en met or are fully 1h1n the contr of the charity, the income i8 considergj probabl8 and the amnI ¢an quanlfled wlth reasonable accuracy. Resources expondod Expenditure is recognised on an accruals basls as a liabS11ty is incurred. Expendlure includes any VAT which cannot bè lully Teo)vered, and is dassified under hea(fjngs of the statement ol financi activities to whh il r•lat•5'. expendttUTe on charitabte actmties Incbjas dl ¢osls incurred by a charity in undertaklro actiwties that further ils charitsNe aims for the benefit of its ben8liciarles, Includi those supp)rt costs and costs relating lo Ihe goveman¢e of the charily apportioned lo charitable activities. Tanglbk 88$0ts Tangible assets are Inllialty recordèd at cosL D¢precl•llon Depreclatltm is calculated so a5 to write off the cost or valuation of an asset, less $ r¢sidual valuo, over useful economlc Ilfe ol that asset as folbws- Freehobj propety Fixtures and fittings No depreciation 25Y. r¥Jucing balance No (kpwiaiion Yill be prOded on Foperties.Periodic revaluatlons wlll be applied, on a frequency Th)1 exceeding 3 years, recognising the PDt8ntial resale values ol the prop¢rtigs. The St Ives valuation was a mklpoint 013 recent commerclal valuations, and the Llandudno valuation based on similar propee$ sold in the area. Thg Nwquay property was acquired in the previous year. ar the costs of acqulsltlon, together with professlonal fees and pJs1 acquisition renovatlon costs have bgen expens1. Governmonl grants Government grants are reccgnisgd al the fair value of the asset rÈc8lved or recewable. Grants are not recogn5S untll there is reasonable assurance that Ihg charity wll comply with the condltk)ns atta¢hkng to them and the grants vlll be re¢eived. Where the granl ()es not impose specified future p9rformarx8-relal&d collditions on the recipient, it Is reoognised in income when the grant proceeds are receNed OT recaivable. Where the grant does impose specMSed future performance-related condltSons on the rg¢ipient, il is rgcc¥3nisgd in income only wh8n tho performarK&Telaled coThJillons have been met. Where grants receNed are prior lo satisfyng the revgnue recOgnon critèria, they are recognlsed as a 15
United Beach Mlsslon Trust Notes lo lh8 Flnanclal Statsmenls (conllnwd) Year endod 30 Sepiomber 2023 A¢countlng polleles {eonthu•dJ Finanoial instNmonts A Ilnancial asset or a Ilnanc4al liabllity is rQgnisl only when the entity bMe$ a paty to the contractual provisions ol th8 instrumènL Dfrflned ¢ontrIblOn plan8 Conlrfbutions to defined conlribullon plans are recognised as an expense in the perlod in whlch the related s8rvice Is provlded. Prepakl contributions are recognlsed as an assét to the extent that Ihe prgpayment wlllload to a reductlon Sn futur& payments or a cash refund. When c0nlrlbuts are not expected lo be setued wlK)Ily wilhin 12 months ol the end ol Ihg reporting daio in whh ihe employees render the related servlce. the liabilily is mUred on a discounl8d pr9sent value basis. Thg unwinding ol th8 disUnt is re¢ognised as an exp8nse in the r[co in which Il arises. Donatlon$ ond1oycIo8 Unreslricled Funds R8Stridfjd Totsl Funds Funds 2023 Donallon• Donatk)ns Specllied gmng 174,586 174,586 Grants Govemrnent grant income 174,586 174,586 Unrestrictèd Funds Restricted Totd Funds Funds 2022 Donallons Donatk)ns Speclfied givlng 197.270 197,270 25,000 25,000 Grant8 Gov&rnmenl grant income 155 155 197,42S 25,000 222,425 16
Unlled Beach Mlsslon Trust Notes to the Financlal Statemenls (conllmt•d) Year ended 30 Septsmber 2023 Charltable acll¥lll8s UnresMcled Total Fund8 UnreStrted Totsl Funds Funds 2023 Funds 2022 DepJ8its and fees for missions DeFY)sils and fee5 for reUnn Use ol propety Sale of shirtslmaterials Other incomelexcharyg drtferences Feesldonations recglved at centres 61,952 16.394 61,952 16,394 60,502 16,675 1,670 5,808 3,388 257 60,502 16,675 1,670 5,808 2.662 2,622 11,317 94.947 2,662 2,622 11,317 94.947 257 88,300 88.300 Inv8StmM Incom UnstrICted Tot•1 Funds Unrestsicted Tota Funds Funds 2023 Funds Bank inl8rgst r8c8Nabl8 198 198 44 Other Income UnrestriGled Totsl Funds Unr¢stri¢l Total Funds Funds 2023 FurKIs 2022 Other Income 35.083 35,083 Expondliure on charltable xtlvltl•s by lund type unStriCted Total Fund$ Unreslricte(l Total Funds FLU$ Funds 2022 Charitablo Activities Support costs 371,171 2,455 373,626 371.171 2.455 252,653 2,213 254,866 252,653 2,213 2S4,866 373,626 Expendllure on charitable aclivftl by a¢livlty type ACVItieS uThlertaken direcly Support costs Total funds 2023 Total fund 2022 Charftable Athtties Govemance costs 371,171 371,171 2,455 373,626 252,653 2,213 254.866 2.455 371,171 2,455 17
Unlted Beach Mlsslon Trust Notes to the Flnanclal Statements fconllnwd) Year ended 30 September 2023 10. Net (oxpendlture)Iln¢om• Net lexpenditureljlneome is ststed after ehargingllcrgdf(iTrJl'. 2023 2022 Depreciation of taNJible fixed assets Foreign exchang0 differences 1.047 11801 741 11. Independont •xamlnatlon f•08 2023 2022 Fees payable to the Independent examiner lor.. Indgpendent examlnation ol the lin8mcial slalements 2.050 1,950 11 Staft costs The total staff costs and employe& bènefits for the reF(Srting pedod are analys•J as follows: 2023 2022 Wages and salaries Employer contributions lo pensDn plans 97,203 4,521 101,724 83.685 3,372 87,057 The averag8 head eounl of employees during Ihe year was 5 IW22.. 51. No empb)yee re¢eed employe8 benefits of moro than £60.000 durlng the year (2022.. NII}. 13. Trustee remuneratlon and oxpens•g No trustees rgceived remunèration from the charity duriThJ th9 year {2021 £nlll. During the year expense5 Wgre mel by the charity on behaw of one trustee CaThng out charitab aclthties amountlng to £1.311 12022.. £7351. 18
Unlted Beach Mlsslon Trust N0188 lo the Flnan¢lal Ststements (eonttnwd) Year ended 30 September 2023 14. Tanglblo Ilxod assets Freehold treS and property fltlrys Total At 1 October 2022 AdJllh)ns 1.070,%9 1,070,569 10,050 1.080,619 10,050 10,050 At 30 &plomber 2023 DepTecMlon At 1 October 2022 Charg8 for the year AI 30 September 2023 C4rrylng amount At 30 Sgplember 20rJ At 30 September 2022 1,070,569 121.750 121,750 1.047 1,047 121,750 1,047 122,797 948.819 9,003 957.822 948.819 948,819 15. Debtor8 2023 2022 Prepayments and accrued income Other debtors 1.408 47,632 49,040 17,976 19.196 16. Cl1t0r5. amounts falling du• wllhln one yur 2023 2022 ruals and d8lerred Income Social sgcurity and other laxes Other credilois 3,167 1,340 257 5.1)01 1,393 4.764 6x12 17. Credltors: #mounts faNing after moro than ong year 2023 2022 Other creditors 75.000 75.000 19
United Beach Mlsslon Trust Noles to the Flnanclal Statemenls ftonllnu¢dJ Year ended 30 September 2023 18. Penslons and othw PO retlYemBnt b8ngfits Delined contrlbutlon plans The amount recconlsed in inffle or eXp&Illure as an expense in relallon to defined contribution F4ans was £4,521 12022.. f8,372}. 19. Govwnment grants The amounts reccgnlsed In the IlnwKial Statements for govemment grants are as follows: 2023 2022 Fle¢ognised in income from donallons and legacies: Govgmm8nl grants income 20. Anaty3ls ol eh•ritsbl• funds Unre8trlcted lunds 1 October 202 30 Soptombe r 2023 Income Expendilure Transfors G&noral funds Revaluation reserve 661,616 403.750 304.814 1373,6261 25,000 617,804 403,750 1,021,554 1,065,366 304,814 1373,6261 25.000 Al 11)ctot*r 202 30 September Ineome Expenditure Transfers Ggneral funds Revaluation reserve 602,163 403,750 1,005,913 285,769 1254,866} 28,550 661.616 403.750 285.769 1254,8661 28,550 1,065.366 20
United Beach Mlsslon Trust Notes to the Financlal Statements iconAtnuodJ Year ended 30 Sepiomber 2023 20. Analys15 of charltable (eontimMd) Reslrlcted n9 At Y October 202 Income Expenditur 30 Septembo Transférs Reslricled fvnd - N8w Quay House Restricted Fund Llandudno House 25,000 25,000 125,0001 {25,0001 At 1 October 202 Income ExndItUre 30 Septembèr 2022 Transfers Resldcted fund - New Quay House Restrict8d Fuj Uandudno House 28.550 128,550) 25,000 25,000 25.000 25.000 28,550 {28,550) 21. Analysls of not aswts betwoon funds Unrestricted Funds Reslricled Total Funds Funds 2023 Tangibl8 fixed assets Current assets Crgdilors les$ than 1 year Gredil)rs greater than 1 year M•t assets 957,822 143,496 14.7641 175,0001 1,021,554 957,822 143,496 14.7641 175,CKJOI 1.021,554 Unrestricted Funds R8slricted Total Funds Funds 2022 Tanglble lixgd assets Current assets Creditors less than 1 year Credkors great¢r than 1 year 923,819 223,049 {6:502 175,000} 1,065,366 25,000 948,819 223,049 16,5021 175.0001 1,090,366 25,000 21 Analy818 of changes In net debl At Al 1 Ocl 2022 Cash flows 30 Sop 2023 Cash at bank arKI in hand 203,853 1109,39n 94,456 21