ALIVE IN THE SPIRIT TRUST st Accounts for the year ended 31 December 2023
ALIVE IN THE SPIRIT TRUST REGISTERED CHARITY NUMBER 278432 TRUSTEES C Cole S J Simpson ACCOUNTANTS I INDEPENDENT EXAMINERS Tony Jopson & Co Limited Peverell Corngr 246 Peverell Park Road Plymouth PL3 4QG REGISTERED OFFICE 28 Old Park Road Peverell Plymouth PL3 4PY
Alive in the Spirit Trust TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 PRINCIPLE OBJECT Alive in the Spirit Trust I'AITS") is a Registered Charity (No. 2784321 with the principal object of promoting the Christian faith. REVIEW OF ACTIVITIES IN THE YEAR The activities undertaken are lo further the charity's purposes for the Public Benefit. The trustees confirm that they have given due consideration lo the Charity Commission's published guidance on the Public Benefit under the Charities Act 2011. Comgrstone Christian Fellowship is administered by the Trust, a local church fellowship which meets weekly and supports its members in their activities in the local community,. the Trust also funded the publication of Lifelines Christian leslimony newspaper which was produced and distributed across East Cornwall In this year. The trust received donations directly for the Lifelines newspaper project and has retained some as restricted funds which afft noted in these accounts. These funds will be used for future Lifelines newspapers as this is an ongoing project. Administration of Lifelines was moved from Alive in the Spirit lo Spirit of Plymouth (Radiol ISOPI Limited though Alive in the Spirit continues to receive and provide funding for Lifelines. This was done by funds sent to SOP for the East Cornwall edition this year. The main focus of AITS has been admini51ering the work and finances of the local church fellowship and ministry. The programme of conferences under the name of 'Falherfs House,, in partnership with Tavislock Community Church remains a proje¢l of the Irusl. Some funds were also granted to other Christian media oryanisalions whose objectives match Those of Alive in the Spirit. RESERVES POLICY The Trustee5 would like to follow a policy whereby the unrestricted funds not committed or invested in tangible fixed assets should be the equivalent of al least two months of the resources regularly expended which equates lo approximately £1,640 in the year ended 31 December 2023. At this level the Trustees feel they would still be able to carry on the Charity's activities for at least months in the event of a significant fall in fundin9. At the present b.me total lunrestrictedl reserves stand at £38,421. RISK MANAGEMENT The Trustees are alerted to operational and financial risks at the periodic meetings of The Management Committee and are fully aware of the need to maintain free reserves at the levels slated above lo continue the work of the Charity and the aspirations for the future. Through this medium of periodic reporb.ng the Trustees are exercising an active review of major risk. STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES Law applicable to charities in England and Wales requires the Trustees lo prepare financial ststements for each financial year that give a true and fair view of the slate of affairs of the charity and of ils incorning resources and application of resources during the year. In preparing those financial slalemenls. the Trustees are required lo.. select suitable accounting policies and apply them consistently.. make judgements and estimates that are reasonabb and prudent.,
Alive in the Spirit Trust TRUSTEES REPORT CONTINUED state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going conGern basis unless il is inappropriate lo presume that the Charity and the group will continue in operation. The Trustees are respxjnsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial stslements comply with the Charities Act 2011. They are also responsible for Safeguarding the assets of the charity and henTr for tsking reasonable steps for the prevention and detection of fraud and other irregularities. No trustees received any remuneration from the charity in the year and there were no transactions with related parties. Dated Signed Chair on behalf of the Alive in the Spirit Trust Trustees
Alive in the Spirit Trust INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALIVE IN THE SPIRIT TRUST I report on the accounts of the Charity for the year ended 31 December 2023, which are set out on pages 6 10 10 below. Respective responsibiTlities of trustees and èxaminer The charity's Iruslees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144121 of the Charities Act 2011 (the 2011 Aclll and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act., lo follow the procedures laid down in the General Directions given by the Charity Commissioners (under sects'on 14515llbl of the 2011 Act,. and lo slate whether particular matters have come lo my attention. Basis of Indepgndent Ex8mingr's Statement My examination was carried out in accordance with the General DirÈclions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. 11 also includes considera*'on of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, ané consequently I do not express an audit opinion on the accounts. Independent Examiner's Statgment In connection wrth my examination, no matter has come to my attention". which give5 me reasonable cause to believe that in any material respect the requirements.. lo keep accounting records in accordance with Section 130 of the 2011 Act,. and lo prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act and with the methods and principals of the Statement of Recommended practi.. Accounting and Reporting Charities have not been met., or 12) to which, in my opinion, attention should be drawn in order lo enable a proper understanding of the account5 to be reached. A P Jopson, FCA Date (Fellow of the Institute of Chartered Accountants in England & Wales) Tony Jopson & Co Ltd, Peverell Corner, 246 Peverell Parf( Road, Plymouth, PL3 4QG
Alive in the Spirit Trust STATEMENT OF FINANCIAL ACTIVITIES Incorporating Income & expendilure account for the year ènded to 31 December Restred Unrestricted Total funds 2023 Total funds 2022 Note INCOMING RESOURCES Gifts received Itithe¥ 11,845 11,845 11,300 Radio gifts received 240 240 420 Gift Aid recovered - Fellowship 4,807 4.807 4,547 Fathers House 1,746 1,746 369 Miscellaneous income I refunds 1,190 1,190 1,218 Gifts from organisalions 2,339 2.339 785 Individual gifts 2,565 2,565 1,817 Donations for lifelines 3,240 3,240 4,240 TOTAL INCOMING RESOURCES 5,226 22.806 28,032 24,696 RESOURCES EXPENDED Mission & ministry Gifts 8.960 8,960 3,381 Radio Expenditure 240 240 420 Ministry weekendslconferenceslroom hire 1.490 1,490 2.698 Gotta die lo Inie book 189 189 356 Other publications 24 Meals & fellowship 923 923 1.438 Church of the Nations & other tithes 780 780 720 Father5 House 689 689 400 Advertlsing 600 600 Web & online ministry work 360 360 1,500 Travel I transport I subsistence 679 679 2,074 Bank Charyes 130 130 88 Ulililies I phone I website 86 86 3,707 Professional Fees I licences 744 744 601
Alive in the Spirit Trust Lrfelines 6,428 6.428 1,877 Books 110 Premises repair & maintenance 122 Subscriptions 487 Honorarium 125 Admin support 1.092 1,092 TOTAL RESOURCES EXPENDED 7.357 16,085 23,442 20.128 NET MOVEMENT IN FUNDS RESOURCES 12,1311 6,721 4,590 4,568 BALANCES BROUGHT FORWARD AS AT 1 JANUARY 7,997 34,993 42,990 38,422 BALANCES CARRIED FORWARD AS AT 31 DECEMBER 5.866 41,714 47.580 42,990
Alive in the Spirit Trust BALANCE SHEET AT 31 DECEMBER Notes 2023 2022 CURRENT ASSETS Plymouth Current Account Deposit Account Debtor- sundry loan Gift Aid debtor 45.769 106 42,524 106 100 100 1,605 707 NET CURRENT ASSETS 47,580 43,437 NET CURRENT LIABILITIES 14471 NET ASSETS 47.580 42,990 FUNDS ACCOUTr Unrestrlcted funds- balance at 1 January Surplus I Ideficit) in year 34,993 32,757 6,721 2,236 Balance at 31 December 41,714 34,993 R9$tricted funds - balance al 1 Januery Surplus I Ideficill in year 7,997 5,665 12,1311 2.332 Balan at 31 December Ireslricled fund51 5.866 7,997 NETTOTAL FUNDS 47.580 42,990 The Trustees consider that the Charity is exempl from an audit and a report under Section 144121 of the Charities Act 2011. The trustees acknowledge their responsibility for., 11 ensuring the charity keep5 accounting records which comply with the Charities Act., and 21 preparing accounts which give a true and fair view of the slate of affairs of the charity as at the end of the financial period, and of ils income and expenditure for the period. The financial statements were approved by the Trustees on 1514 0.ltsW1 2024 and signed on Ils behalf by Trustee..... Name.. (BLOCK CAPITALSI.............
Alive in the Spirit Trust ACCOUNTING POLICIES Basis of preparation of accounts The accounts have been prepared in accordance with the Statement of Recommended Practi 'Accounling and Reporting by Charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 Incoming resources Income is included on an accruals basis, except when the donors specify that they must be used in future accounting periods or donors conditions have not been fulfilled, then the income is deferred. R¢sour¢es expended ResourGes expended are included in the Statement of Financial Activities on an accruals ba51S, inclusive of any VAT. which cannot be recovered. Taxation Based on ils ststus as d a charity, °AITS" is effectively exempt from corporation tsx. DEBTORS 2023 2022 Gift aid 1,605 707 1,605 707 CREDffORS: Amounts falling due wlthln one year 2023 2022 Trade creditors 447 *M7 FUNDS SUMMARY 2023 2022 Restrlcted fund$ Father's House Lifelines 2.130 3,736 1,073 6,924 Totsl restricted funds 5,866 7,997 Total unrestricted funds 41,714 34,993 TOTAL FUNDS 47,580 42.990
Alive in the Spirit Trust TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES There were no transaction5 Involving trustees or related parties