New Tribes Mission – For the Year Ended 31 August 2021
Annual Report 2021 New Tribes Mission Financial statements for the period ended 31[st] August 2021 Registered charity number 278627
www.ntm.org.uk review of the year 2021 0
New Tribes Mission – For the Year Ended 31 August 2021
Our Purpose Statement
-
The Word of God is our Final Authority
-
A Spirit controlled Life
-
Dependence on God
-
The role and responsibility of the local church in the Great Commission
-
Readiness to sacrifice for Christ and His Church
-
Godly relationships and interdependence in ministry
-
The potential of all believers to be used by God in the Great Commission
-
Excellence and urgency in all we do to finish the task
Our Values
“Motivated by the love of Christ, and empowered by the Holy Spirit, NTM in the UK, along with its worldwide partners, exists to assist the ministry of the local church through the mobilising, equipping, and coordinating of missionaries to evangelise unreached people groups, translate the Scriptures and see indigenous New Testament churches established that glorify Christ”
www.ntm.org.uk review of the year 2021 1
New Tribes Mission – For the Year Ended 31 August 2021
Reference and Administrative Details
Registered Charity number 278627
Principal address North Cotes Grimsby Lincolnshire DN36 5XU
Auditors Sheen Stickland Chartered Accountant Statutory Auditors 7 East Pallant Chichester West Sussex PO19 1TR
Insurers
Ansvar Insurance Company Ansvar House St Leonards Road Eastbourne East Sussex BN21 3UR
Bankers
Royal Bank of Scotland 8 Snitterton Road Matlock Derbyshire DE4 3LZ
Close Brothers 10 Crown Place London EC2A 4FT
Santander UK Bridle Road Bootle Merseyside L30 4GB
Solicitors
Wrigleys 19 Crookridge St Leeds LS2 3AG
Trustees
F Brearley M Cuthbert N McCready S Jerrard S Bosley M Petley
www.ntm.org.uk review of the year 2021 2
New Tribes Mission – For the Year Ended 31 August 2021
Contents
Our Purpose Statement .......................................................................................... 2 Our Values............................................................................................................... 2 Reference and Administrative Details .................................................................... 3 Report of the Trustees ............................................................................................ 5 Report of the Independent Auditors .................................................................... 23 Accounts at a glance ............................................................................................. 24 Statement of Financial Activities for the year ended 31st August 2021 .............. 26 Balance Sheet as at 31[st] August 2021 ................................................................... 27 Cash Flow Statement as at 31[st] August 2021 ........................................................ 28 Notes to the Accounts for year ended 31[st] August 2021 ...................................... 30
www.ntm.org.uk review of the year 2021 3
New Tribes Mission – For the Year Ended 31 August 2021
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31st August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and Activities
Objectives and Aims
The Trust Deed states that the object of New Tribes Mission is:
"to re-affirm and re-establish the Faith among all people of the world in the religious principles and doctrine taught by Jesus Christ."
That core objective is clearly expressed in the NTM purpose statement as follows:
"Motivated by the love of Christ, and empowered by the Holy Spirit, NTM in the UK, along with its worldwide partners, exists to assist the ministry of the local church through the mobilising, equipping,
and coordinating of missionaries to evangelise unreached people groups, translate the Scriptures and see indigenous New Testament churches established that glorify Christ".
www.ntm.org.uk review of the year 2021 4
New Tribes Mission – For the Year Ended 31 August 2021
The objectives of New Tribes Mission expressed both in its Trust Deed and purpose statement fit two of the charitable purposes described in the Charities Act 2011 as:
-
The advancement of Religion
-
The advancement of Education
-
The prevention or relief of poverty is also a defined charitable purpose that, though incidental to the two above, is a benefit that many experience as a result of the primary activities of NTM in its overseas work among the world's least reached people groups.
Many of the world's people still live without opportunity to hear Jesus Christ's teaching and in obedience to His command to "go into all the world and preach the gospel to every creature," NTM in the UK along with its partners worldwide focuses all its activities to that end.
These include:
-
serving the Church in the UK by presenting the challenge of reaching the world's least reached people groups
-
serving the Church in the UK and the rest of Europe by training their members for cross cultural ministry
-
serving the Church and supporters of NTM's ministry by supplying the logistical support for all its self-supporting members both overseas and in the UK
-
people group assessment to determine the world's least reached people
-
sending missionaries to learn the language and culture of those people in order to give them the opportunity of hearing Christ's teachings and believe the gospel
-
to linguistically analyse a language in order to prepare written materials
-
to teach literacy to those people with only an oral tradition
www.ntm.org.uk review of the year 2021 5
New Tribes Mission – For the Year Ended 31 August 2021
-
to translate and publish the Scriptures for those ethnic peoples where NTM personnel are working
-
to plant mature churches that will become self-governing, self-supporting and self-propagating
-
to give consultant help in all aspects of the church planting ministry and pastoral care to all members while away from their sending country
Reporting on Public Benefit
The trustees have examined the aims and activities of New Tribes Mission in the light of the Charity Commission's two key principles of being able to identify the benefits of its activities and those of the public who are the beneficiaries of those activities. In summary, the benefits are those that come from the sharing of the gospel of the Lord Jesus Christ, which leads to changed lives by all those who believe it and live by the selfless principles that Christ taught. It brings freedom from the guilt and power of sin, from fear and superstition and sets forth a quality of life that has the well-being of others as central to its ethos, irrespective of race and social standing. The churches planted offer the opportunity for the development of the spiritual life of all members of the community, young and old, rich and poor and without racial prejudice. Their love of God is also accompanied by the other commandment to love their neighbour as themselves, which brings a caring quality to life for all members of their communities.
The educational benefit to ethnically distinct people groups of learning to read and write their own language is also offered to all members of their society both young and old and rich and poor and without charge. This has not only the
www.ntm.org.uk review of the year 2021 6
New Tribes Mission – For the Year Ended 31 August 2021
benefit of personal development for all members of the society but helps to preserve aspects of their culture and identity. Literacy is also beneficial to all in that the Bible and other literature produced can be read and understood by all. This acquired skill is also helpful in equipping people for developing activities and projects that can bring material benefit and poverty relief.
The beneficiaries of NTM's activities are some of the least reached peoples of the world wherever they live and without prejudice of race or social standing. They are to be found among more than 270 of the world's ethnically distinct people in
25 countries on four continents of the world being served by NTM missionaries from more than fifty countries at this present time.
The benefits of NTM's activities worldwide are also monitored in respect of perceived detriment by some who have concerns of the impact of deploying western educated missionaries in remote and vulnerable people groups. The experience NTM has gained in respect of cultural sensibilities in the transfer of unhelpful culture is central to the approach that NTM takes to church planting. God's Word teaches principles of belief and practise that are transcultural and fit for all the cultures of the world. All ministry locations are accessible to local government authorities and open to be externally assessed and evaluated.
www.ntm.org.uk review of the year 2021 7
New Tribes Mission – For the Year Ended 31 August 2021
North Cotes College, the training centre of New Tribes Mission, is located at North Cotes, Lincolnshire and exists to benefit the candidates of evangelical Christian churches in the UK and mainland Europe primarily but also from other parts of the world who choose to use this training facility. It is available to all who are of like faith.
Staff Remuneration
No member of the Mission receives a salary for the services they undertake. Gifts designated for the work of specific members of the Mission are sent by supporters to the Head Office and are forwarded from the Head Office to the specific member. Those trustees who are also members of the Mission receive funds in the same way. No member of the Mission is authorised to solicit funds.
Some of our volunteer members reside in charity property in the UK. This is by permission of the trustees and for the better carrying out of the charity’s main object. There are no tenancies
www.ntm.org.uk review of the year 2021 8
New Tribes Mission – For the Year Ended 31 August 2021
and rentals charged, but some members may contribute to the living costs of the property where they live. Trustees may reside on charity property on the same terms as other members of the charity, and all under the same informal license arrangements. New Tribes Mission has over the past twelve months continued to undertake its responsibilities in the pursuance of its objectives and aims as contained in its Trust Deed.
www.ntm.org.uk review of the year 2021 9
New Tribes Mission – For the Year Ended 31 August 2021
Achievement and Performance
Review of the Year 2021
New Tribes Mission has over the past 8 months continued to undertake its responsibilities in the pursuance of its objectives and aims as contained in its Trust Deed.
A. North Cotes College.
The year began with all three phases of the training programme in operation. There were 50 students in total. Of the 26 students enrolled in the Biblical Studies course 22 completed their studies and graduated. There were 17 students enrolled for the Cross Cultural Communications course and 16 successfully completed their studies and graduated. There were 7 students who commenced the Advanced Linguistics course of study and they all completed their studies and graduated.
The graduates from the Cross Cultural Communications course will become missionaries with New Tribes Mission, Ethnos360 or another missionary organisation.
www.ntm.org.uk review of the year 2021 10
New Tribes Mission – For the Year Ended 31 August 2021
At the commencement of the academic year in September 2021, there were 23 students enrolled in the Biblical Studies course, 10 students in the Cross Cultural Communications Course and 10 students in the Applied Linguistics course making a total student body of 43. This represents a significant decrease in the student body over the previous academic year’s enrolment. The Covid-19 pandemic has negatively impacted this year’s enrolment and the restrictions with regard to student visas now being limited to 6 months on campus study.
The Covid-19 pandemic recommendations for colleges have been carefully followed and no students have been infected by the Covid virus for which we are thankful.
The application to become accredited by the British Accreditation Council was finally approved in August of this year. Because of Covid restrictions the BAC assessor was only able to do the assessment online. This took place over
the period of a week in April and then her report was submitted to the BAC for their final assessment. An onsite inspection will take place in 2022.
Now all non-UK students from January 1st 2021 will be required to have a visitor visa which will allow them to study for a period of up to 6 months on campus here in the UK and then a further 4 months of study will be done online to complete their courses.
The North Cotes College Joint Training Council of representatives from the College and the European partners of NTM met via Zoom four times during the year. This continues to be a helpful forum in which feedback from both staff and students are considered and is strategic in developing and keeping the training programme relevant, along with the input from the International Ministries Team.
www.ntm.org.uk review of the year 2021 11
New Tribes Mission – For the Year Ended 31 August 2021
The Campus Management Team have worked on refurbishing one its property on Dyke Road in preparation for occupancy by a member of its staff team. Preparations have been made for a further roof valley on the roof of the workshop to be undertaken.
The members of the Campus Management Team have been able to complete appropriate Health and Safety courses, some online and others at a training centre. Training in the management of asbestos and working at heights has been undertaken recently. Up to date records of all training courses are stored safely.
The Regular maintenance of systems continues to be carried out in accordance with current regulations by our CMT members and contractors.
The nursery was required by OFSTED to register. The application process was rigorous and demanding but successful for which we are thankful. This will also generate income for those children who qualify under the government’s Early Years Funding Scheme (EYFS). This programme
continues to provide care for the younger children of student families enabling both father and mother to attend classes. Some staff children are also taken care of in the nursery.
There were a number of personnel changes to the North Cotes College
and Headquarters’ team. Most of the courses this year were taught by the resident teachers but some modules were taught by volunteer guest teachers including pastors from UK churches. We are thankful for the help of volunteers who helped with the catering and child care.
www.ntm.org.uk review of the year 2021 12
New Tribes Mission – For the Year Ended 31 August 2021
B. Headquarters
The Headquarter administrative team has continued to manage the services offered to its overseas and UK based members. The financial department takes care of all aspects of the administration of funds received for the organisation and the missionaries, in accordance
with the wishes of the donors. It also takes care of the financial administration of the college. Following the annual audit the accountants reported to the trustees that the charity’s liquid assets had continued to improve and the recommended reserve was in place. The rigorous budgetary controls that continue to be applied ensure that he charity is well able to fulfil all its financial obligations without compromising its operations. We are thankful to God for His faithful provision of all our financial and material needs.
C. Publications
The Link magazine continues to be the primary means of communication to supporters of NTM’s ministry. The NTM website is also a source of information to keep its supporters current of its news, prayer information, and allows the public to make financial donations, buy books, and media resources on line. It also gives information about the training programme and annual conferences held at the college campus. Prayer letters and information is made available to supporters of NTM’s ministries.
www.ntm.org.uk review of the year 2021 13
New Tribes Mission – For the Year Ended 31 August 2021
D. Representation
The promotion of the ministry of NTM is undertaken by its representatives both here in the UK and in Europe through its partner NTM and Ethnos360 affiliates. This year NTM was unable to participate in the normal national conferences at the UCCF Forum, Keswick Convention, Bangor Worldwide and Global Connections as they were all cancelled due to the Covid-19 pandemic. Very few meetings have been able to be held due to the travel restrictions though some have been able to be conducted through Zoom and Teams.
The two residential conferences normally held at North Cotes during the months of March and June were done online. This was much appreciated by those who viewed it live or on YouTube with several thousand viewings.
The annual Refresher Course for European members and missionaries on home assignment also had to be cancelled due to Covid restrictions.
E. Short Term Ministries
No short term overseas trips were able to be carried out in 2021 due to Covid. The Associate programme sent out one teacher to work in a mission school and a couple of teachers to help families with home schooling. Eight other Associate members are working at the NTM headquarters and college.
F. Overseas Ministries
The Covid pandemic continues to pose problems for missionaries working overseas. Some were unable to travel to the UK for home assignment and others due to fly back to their ministry location were also delayed due to the travel restrictions. However, UK missionaries working in Asia, Africa and Central America continue to send encouraging reports on their ministries throughout the year.
www.ntm.org.uk review of the year 2021 14
New Tribes Mission – For the Year Ended 31 August 2021
The gospel of the Lord Jesus Christ is being proclaimed among people groups who have no access to the Christian message. Those who have embraced this message are being discipled in the context of local churches that are being planted. The Bible is translated into the maternal languages of the people groups. This follows a programme of linguistic analysis of the language with the goal of providing an alphabet and creating literacy programmes for the people. Hygiene and health programmes have been introduced where they were lacking. Socioeconomic projects have been undertaken when appropriate and acceptable by government authorities. There is a spiritual and moral impact that is valued in the societies where ministry is being undertaken as well as the material, educational and economic benefits that are experienced. Currently, NTM works in over 270 people groups worldwide and is translating the New Testament into 110 languages and has planted over 1200 churches.
G. European Partnership
The annual gathering of European partners had to be cancelled due to Covid restrictions. A virtual meeting was held in January 2021.
www.ntm.org.uk review of the year 2021 15
New Tribes Mission – For the Year Ended 31 August 2021
H. General Data Protection Regulation
The GDPR policy is operating and all departments are complying with the new regulations with regard to the storage of data.
I. Safeguarding Children’s Policy
All policies with regard to the protection of vulnerable beneficiaries and child safety both here in the UK and overseas are being regularly reviewed and members receive periodic training.
J. Future Plans
All three phases of the training programme will continue to be developed to enable our students to be effectively equipped for the changing needs of the ministry locations in which NTM missionaries are serving. We are looking for other suitably qualified teachers for both the Biblical Studies course and the Cross Cultural Communications course. Other current needs include personnel with IT skills; somebody with general building and maintenance skills and qualified volunteer nursery workers. We are thankful for the many volunteers who help on a short term basis throughout the course of the year.
We are making plans to hold the two annual residential conferences. The Forum for leaders of the European partners will be held in Spain in November through Zoom. The summer Refresher Course in 2022 for missionaries on home assignment is due to be held in Germany in August.
As churches are seeking to return to a more normal programme of meetings and services more opportunities are opening up for NTM to be represented there. However, some churches have continued to request meetings using Zoom. Meetings are also being planned in universities and colleges.
The accounting year has been changed this year to coincide with the academic year of the college.
www.ntm.org.uk review of the year 2021 16
New Tribes Mission – For the Year Ended 31 August 2021
The trustees believe it is the best interests of the charity to become a Charitable Incorporated Organisation (CIO) and
K. Trustee Training
Trustee training courses have been successfully undertaken this year by two new trustees who have joined the board. Courses offered by Stewardship and Hempsons were undertaken. The Trustee Board has met twice this year and will meet in October for the Annual General Meeting.
www.ntm.org.uk review of the year 2021 17
New Tribes Mission – For the Year Ended 31 August 2021
Structure, Governance and Management
Governing document
New Tribes Mission is a registered Charity and is governed by a trust deed dated 1 January 1980.
Recruitment, appointment, induction and training of new trustees
Under the Trust Deed, the number of trustees shall not be less than three and not more than eight in number, unless one of the trustees be a Trust Corporation within the meaning of the Charities Act 2011. The UK committee may appoint any individual as a trustee.
Organisational structure
New Tribes Mission is a non-denominational, evangelical organisation, being made up of members of like faith. It is a partner of over 30 other New Tribes Mission (NTM) and Ethnos360 Partners worldwide who serve together according to a global ministry agreement that defines the doctrine, practise and policies of NTM.
New Tribes Mission has its Head Office for the United Kingdom in North Cotes, Lincolnshire.
New Tribes Mission operates a three phase training programme called North Cotes College also located in North Cotes, Lincolnshire, to prepare missionary candidates. It is primarily to serve the UK and its European partners but does accept candidates from anywhere in the world as long as they comply with the entry requirements of the training centre and the UK government.
www.ntm.org.uk review of the year 2021 18
New Tribes Mission – For the Year Ended 31 August 2021
Policies
The policies adopted to ensure the objectives of the Mission are met include:
Facilitating the sending of missionaries from churches in the UK. Missionaries visit churches on home assignment and Mission representatives, to inform of world needs and present the opportunities for involvement through the various programmes that the Mission provides.
-
Staffing a business office at the UK Head Office to provide the support network to all its self-supporting volunteer members both overseas and in the UK. Gifts from supporters designated for the work of NTM and its selfsupporting members are forwarded from the Head Office to the specified people and projects. Those trustees who are also volunteer members of the Mission receive funds in the same way. No member of the Mission is allowed to solicit funds.
-
Providing a Bible and Missionary Training Centre for the equipping of personnel for cross cultural evangelism and church planting.
www.ntm.org.uk review of the year 2021 19
New Tribes Mission – For the Year Ended 31 August 2021
Financial Review
Investment policy and objectives
Funds not required for the current needs of New Tribes Mission may be invested in investments of any kind at the discretion of the UK Committee. The trustees have a duty under the Mission's Trust Deed at all times to treat as income funds that might otherwise be regarded as capital.
Reserves policy
It is not the policy of New Tribes Mission to hold unrestricted reserves unless the trustees have designated these for a specific purpose. Details of designated reserves are shown as part of the financial statements.
The trustees have agreed that there needs to be a minimum level of unrestricted reserves held to deal with any unforeseen events affecting primarily the running of the site at North Cotes and the College Activities. This reserve has been set at £50,000 and is reviewed on a regular basis.
Total incoming resources amounted to £1,233,893 (2020 total incoming resources £1,808,667). Total resources expended amounted to £1,169,067 (2020 total resources expended £1,698,621). This gives rise to a total surplus for the year of £64,826 (2020, a surplus of £110,046).
The net assets of New Tribes Mission amount to £1,297,250 (2020 total net assets £1,232,424) as at 31 August 2021.
Auditors
The auditors, Sheen Stickland, will be proposed for reappointment.
www.ntm.org.uk review of the year 2021 20
New Tribes Mission – For the Year Ended 31 August 2021
Statement of Trustees Responsibilities
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent
-
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 concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
www.ntm.org.uk review of the year 2021 21
New Tribes Mission – For the Year Ended 31 August 2021
Report of the Independent Auditors
www.ntm.org.uk review of the year 2021 22
New Tribes Mission – For the Year Ended 31 August 2021
Accounts at a glance
Where Our Income Came From
----- Start of picture text -----
Missionary
Donations
79.21%
North Cotes
College
11.57%
Head office
0.26%
Donations
Government Grants Hospitality Investments Legacies to NTM
2.64% 1.04% 0.06% 0.35% 4.87%
How the funds were spent
Missionary
activity
81.04%
Campus North Cotes
maintenance College
5.67% 8.26%
Charity management & Noah's Ark
admin. 3.61% Nursery 1.42%
----- End of picture text -----
www.ntm.org.uk review of the year 2021 23
New Tribes Mission – For the Year Ended 31 August 2021
Missionary Activity by Country
----- Start of picture text -----
SOUTH EAST AFRICA
3.35%
USA
PHILIPPINES 10.71%
2.16% UNITED
KINGDOM
PAPUA NEW
GUINEA
19.90%
VENEZUELA
ASIA PACIFIC 0.61%
COLOMBIA
7.83%
WEST AFRICA 6.97%
7.18%
CANADA AUSTRALIA
1.91% 0.06%
FAROE ISLANDS
Germany BRAZIL
1.76% 0.12% 0.26%
----- End of picture text -----
www.ntm.org.uk review of the year 2021 24
New Tribes Mission – For the Year Ended 31 August 2021
Statement of Financial Activities for the year ended 31st August 2021
| Notes Incoming resources Income and endowments from: Donations and legacies 1 Charitable activities North Cotes College 1 Headquarters 1 Site Services 1 Investments 1 Resources expended Expenditure on: Charitable activities North Cotes College 3 Headquarters 3 Site Services 3 16 Reconciliation of funds: Total Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) Transfers between funds |
Unrestricted Funds Restricted Funds 2021 Total Funds to 31/08/2021 2020 Funds £ £ £ £ 69,685 972,740 1,042,425 1,575,804 144,147 144,147 164,983 33,698 33,698 46,450 12,887 12,887 19,416 736 736 2,014 |
|---|---|
| 261,153 972,740 1,233,893 1,808,667 |
|
| 90,027 90,027 90,311 38,761 947,462 986,223 1,450,557 92,817 92,817 157,753 |
|
| 221,605 947,462 1,169,067 1,698,621 |
|
| 39,548 25,278 64,826 110,046 |
|
| - - |
|
| 39,548 25,278 64,826 110,046 |
|
| 1,065,326 167,098 1,232,424 1,122,378 |
|
| 1,104,874 192,376 1,297,250 1,232,424 |
www.ntm.org.uk review of the year 2021 25
New Tribes Mission – For the Year Ended 31 August 2021
Balance Sheet as at 31[st] August 2021
| Fixed assets Tangible assets Investments Total fixed assets Current assets Stocks Debtors Investments Cash at bank and in hand Total current assets Creditors:amounts falling due within one year Net current Assets Total assets less current liabilities Creditors:amounts falling due after one year Total Net Assets Funds of the Charity Restricted income funds Unrestricted funds Total funds The Financial Statements were approved by the Board of Trustees and signed on its behalf by: F Brearley - Chair and Trustee M Petley - Treasurer and Trustee |
Notes 7 9 11 12 10 14 13 13 16 16 |
Unrestricted funds Restricted funds 2021 Total Funds to 31/08/2021 2020 £ £ £ 875,162 875,162 886,804 3 3 3 |
Unrestricted funds Restricted funds 2021 Total Funds to 31/08/2021 2020 £ £ £ 875,162 875,162 886,804 3 3 3 |
|---|---|---|---|
| 875,165-875,165 886,807 |
|||
| 20,427 - 20,427 16,631 64,205 64,205 63,787 142,590 142,590 141,308 183,675 192,376 376,051 341,944 |
|||
| 410,897 192,376 603,273 563,670 | |||
| 181,188 181,188 218,053 |
|||
| 229,709 192,376 422,085 345,617 |
|||
| 1,104,874 192,376 1,297,250 1,232,424 |
|||
| - - - - | |||
| 1,104,874 192,376 1,297,250 1,232,424 |
|||
| - 192,376 192,376 167,098 1,104,874-1,104,874 1,065,326 |
|||
| 1,104,874 192,376 1,297,250 1,232,424 |
|||
| Signature | Date of approval dd/mm/yyyy |
||
www.ntm.org.uk review of the year 2021 26
New Tribes Mission – For the Year Ended 31 August 2021
Cash Flow Statement as at 31[st] August 2021
| Notes Cash Flows from operating activities Cash used from operations 1 Interest Paid Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash provided by (used in) investing activities Change in cash and cash equivalents in the reporting period Change in cash and cash equivalents at the beginning of the reporting period Cash and cash equvalents at the end of the reporting period |
2021 Total Funds to 31/08/2021 £ |
2020 £ 138,152 (1,349) |
|---|---|---|
| 39,393 (850) |
||
| 38,543 | 136,803 | |
| (3,890) 736 |
(1,449) 2,014 |
|
| (3,154) | 565 | |
| 35,389 | 137,368 | |
| 483,252 | 345,884 | |
| 518,641 | 483,252 |
www.ntm.org.uk review of the year 2021 27
New Tribes Mission – For the Year Ended 31 August 2021
Notes to the Cash flow Statement as at 31[st] August 2021
Reconcilation of Net Income / (Expenditure) to net cash flow from operating activities
| flow from operating activities | |
|---|---|
| Adjustments for: Depreciation Charges Interest Received Interest Paid (Increase)/decrease in stocks (Increase)/decrease in debtors Increase/(decrease) in creditors Net Cash provided by (used in) operating activities Net income/(expenditure) for the reporting period (as per statement of financial activity) |
2021 Total Funds to 31/08/2021 2020 £ £ |
| 64,826 110,046 |
|
| 15,531 24,677 (736) (2,014) 850 1,349 (3,796) (3,903) (417) (9,357) (36,865) 17,354 |
|
| 39,393 138,152 |
www.ntm.org.uk review of the year 2021 28
New Tribes Mission – For the Year Ended 31 August 2021
Notes to the Accounts for year ended 31[st] August 2021
Accounting Policies
Basis of preparing the financial statements
The financial statements of New Tribes Mission, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments, which are included at fair value.
Income
All incoming resources, with the exception of legacies, are included on the Statement of Financial Activities when New Tribes Mission is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Legacies are recognised when it is probable that they will be received.
Provision is made for tax recoverable on income received during the period and included under the relevant heading in the financial statements.
www.ntm.org.uk review of the year 2021 29
New Tribes Mission – For the Year Ended 31 August 2021
Donated fixed assets
Assets given for use by New Tribes Mission are brought into account at a reasonable estimate of their value to New Tribes Mission as determined by the Trustees.
Personal gifts
Funds are received by the UK Head Office for distribution to missionaries. In the financial statements these funds are accounted for as restricted income. The subsequent distribution is accounted for as direct charitable expenditure.
Investment assets and income
Investments are stated at historical cost.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
All expenditure, including expenditure to be met from donations and gifts, or other restricted funding, is recognised when the liability is incurred.
When funding has been received but the expenditure has not been incurred, the funds are carried forward as restricted reserves.
Depreciation is treated as charitable activities as fixed assets are primarily for the use of New Tribes Mission.
www.ntm.org.uk review of the year 2021 30
New Tribes Mission – For the Year Ended 31 August 2021
Governance costs
Comprises the costs of governance arrangements, which relate to the general running of New Tribes Mission.
Allocation and apportionment of costs
Expenditure which does not directly relate to the objects of New Tribes Mission is analysed between charitable support costs, governance costs and costs of raising funds.
Items which involve more than one cost category are apportioned as appropriate to the cost categories involved.
Expenses relating to restricted funds are shown separately.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Equipment | - 20% on cost |
|---|---|
| Motor vehicles | - 10% on cost |
| Furniture | - 10% on cost |
| Biomass boiler | - 5% on cost |
No depreciation is provided on freehold property because the trustees are of the opinion that the open market values of the freehold properties are in excess of the historical cost. An impairment review is undertaken annually and it is considered by the trustees that there has been no permanent diminution in value.
Assets purchased or donated with a cost or value exceeding £500 are capitalised.
www.ntm.org.uk review of the year 2021 31
New Tribes Mission – For the Year Ended 31 August 2021
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
New Tribes Mission is exempt from direct tax on its charitable activities.
www.ntm.org.uk review of the year 2021 32
New Tribes Mission – For the Year Ended 31 August 2021
1. Analysis of Income
| Analysis of income | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted |
2021 Total Funds | |||
| funds | income funds | to 31/08/2021 | 2020 Funds | ||
| Analysis | £ | £ | £ | £ | |
| Donations | Legacies | 4,303 | 4,303 | 1,000 | |
| and | General Income - Headquarters | 60,076 | 60,076 | 79,436 | |
| legacies: | Missionary Gifts - Headquarters | 4,576 | 933,206 | 937,782 | 1,367,371 |
| Field Gifts - Headquarters | - | 39,534 | 39,534 | 60,229 | |
| Gift In Kind - North Cotes College | 730 | - | 730 | - | |
| Other - Headquarters | - | - | - | 67,769 | |
| Total | 69,685 | 972,740 | 1,042,425 | 1,575,805 | |
| Charitable | Registration - North Cotes College | 324 | - | 324 | 335 |
| activities: | Student Fees - North Cotes College | 131,284 | - | 131,284 | 168,917 |
| Miscellaneous Income - North Cotes | |||||
| College | 10,465 | - | 10,465 | 8,161 | |
| EYFS Funding - North Cotes College | 2,073 | - | 2,073 | - | |
| Meals - Site Services | 4,936 | - | 4,936 | 10,823 | |
| Accommodation Charges - Site Services | 283 | - | 283 | 2,069 | |
| Miscellaneous Income - Site Services | 3,953 | - | 3,953 | 1,362 | |
| Launderette Income - Site Services | 3,715 | - | 3,715 | 5,162 | |
| Miscellaneous Income - Headquarters | 2,194 | - | 2,194 | 1,110 | |
| Income Postage - Headquarters | 780 | - | 780 | 3,879 | |
| Income RHI - Headquarters | 30,533 | - | 30,533 | 39,864 | |
| Literature / Bookstore Income - | |||||
| Headquarters | 192 | - | 192 | 1,597 | |
| Reach Conference Income - Headquarters | - | - | - | - | |
| Inter Department Transfers | - | - | - | (12,431) | |
| Total | 190,732 | - | 190,732 | 230,848 | |
| Income from | Interest income | 736 | 736 | 2,014 | |
| investments: | Total | 736 | - | 736 | 2,014 |
| TOTAL INCOME | 261,153 | 972,740 | 1,233,893 | 1,808,667 |
All income in the prior year was unrestricted except for income directly donated to Missionaries, Associates and their associated accounts.
www.ntm.org.uk review of the year 2021 33
New Tribes Mission – For the Year Ended 31 August 2021
2. Analysis of Receipt of Government Grant
| This year | Last year | ||
|---|---|---|---|
| Description | £ | £ | |
| Renewable Heating Incentive | Grant received for Biomass Heating System | 30,533 | 39,864 |
| Lincolnshire County Council | Early Years Childcare Funding | 2,073 | - |
| Total | 32,606 | 39,864 |
3. Analysis of Expenditure
| Headquarters Site Services Total expenditure on charitable activities Expenditure on charitable activities North Cotes College Analysis |
Unrestricted funds Restricted Expenditure funds Total funds Last year £ £ 90,027 - 90,027 90,311 38,761 947,462 986,223 1,450,557 92,817-92,817 157,753 |
|---|---|
| 221,605 947,462 1,169,067 1,698,621 |
| Activity or programme North Cotes College Headquarters Site Services Total |
Activities undertaken directly Grant funding of activities Support Costs Total this year Total prior year £ £ £ £ £ 90,027 - - 90,027 90,311 3,328 947,462 35,433 986,223 1,450,557 49,696 - 43,121 92,817 157,753 |
|---|---|
| 143,051 947,462 78,554 1,169,067 1,698,621 |
4. Support Costs
| Management Finance Governance Total Support cost |
This year Prior Year This year Prior Year This year Prior Year This year Prior Year £ £ £ £ £ £ £ £ --30,43691,48333,06648,689 63,502 140,172 --8501,3498,13015,238 8,980 16,587 --4,1468,2591,92585 6,071 8,344 North Cotes College Headquarters Site Services Grand total |
|---|---|
| - - 35,432 101,091 43,121 64,012 78,553 165,103 |
www.ntm.org.uk review of the year 2021 34
New Tribes Mission – For the Year Ended 31 August 2021
5. Auditors Remuneration
| 5. Auditors Remuneration | 5. Auditors Remuneration |
|---|---|
| Audit Fee Total |
This year Last year £ £ 7,200 7,800 |
| 7,200 7,800 |
6. Analysis of Grants paid (Included in cost of charitable activities)
| 6. Analysis of Grants paid (Included in cost of charitable activities) |
6. Analysis of Grants paid (Included in cost of charitable activities) |
|---|---|
| Analysis Headquarters Total |
Grants to institutions Grants to individuals Support costs Total This Year Prior Year This Year Prior year This year Prior Year This Year Prior Year £ £ £ £ £ £ £ £ - - 947,462 1,381,810 - - 947,462 1,381,810 |
| - - 947,462 1,381,810 - - 947,462 1,381,810 |
www.ntm.org.uk review of the year 2021 35
New Tribes Mission – For the Year Ended 31 August 2021
7. Tangible Fixed Assets
| At the beginning of the year Additions Revaluations Disposals At end of the year At beginning of the year Disposals Depreciation Impairment At end of the year Net book value at the beginning of the year Net book value at the end of the year Net book value Depreciation |
Freehold land & buildings Other land & buildings Biomass Boiler Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ £ 556,288 111,936 278,702 27,260 124,975 1,099,161 - - - - 3,890 3,890 - - - - - - - - - - - - |
|---|---|
| 556,288 111,936 278,702 27,260 128,866 1,103,051 | |
| - - 82,576 18,920 110,862 212,358 - - - - - - - - 8,130 1,803 5,598 15,531 - - - - - - |
|
| - -90,706 20,723 116,460 227,889 | |
556,288 111,936 196,126 8,340 14,113 886,803 |
|
556,288 111,936 187,996 6,537 12,406 875,162 |
www.ntm.org.uk review of the year 2021 36
New Tribes Mission – For the Year Ended 31 August 2021
8. Tangible Fixed Asset Disclosures
| Amount of contractual commitments for the acquisition of tangible fixed assets. Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities. |
Within Short term Creditors, the charity has a contractual commitment to pay back outstanding loans of £23,715. This was provided for the procurement of a Biomass Heating system in 2017. |
|---|---|
| Within the "Other Freehold Property" the charity owns a 24.58% share of a Residential property. |
9. Fixed Asset Investments
| 9. Fixed Asset Investments | 9. Fixed Asset Investments |
|---|---|
| Carrying (fair) value at beginning of period |
Cash & cash equivalents Listed investments Investment properties Social investments Other Total - - - - 3 3 |
| Carrying (fair) value at end of year |
- - - - 3 3 |
The Fixed Asset Investment relates to a shareholding in Haven Sands Management Company Limited.
----- Start of picture text -----
10. Current Asset Investments
Analysis of current This year Last year
asset investments
£ £
Close Brothers 95 Day
Notice Account 142,589 141,308
Total
142,589 141,308
----- End of picture text -----
www.ntm.org.uk review of the year 2021 37
New Tribes Mission – For the Year Ended 31 August 2021
11. Stock
| Charitable activities: (Literature & Clothing) Opening Added in period Expensed in period Impaired Closing Other trading activities: (Campus Management Team) Opening Added in period Expensed in period Impaired Closing Total this year Total previous year |
For distribution For resale Total £ £ £ - 7,134 7,134 - - - - (83) (83) - - - Stock |
|---|---|
| - 7,051 7,051 | |
| 9,497 - 9,497 9,136 - 9,136 (5,257) - (5,257) - - - 13,376 - 13,376 |
|
| 13,376 7,051 20,427 | |
| 9,497 7,134 16,631 |
www.ntm.org.uk review of the year 2021 38
New Tribes Mission – For the Year Ended 31 August 2021
12. Analysis of Debtors
| Trade debtors Outstanding Student / Volunteer Accounts Income Tax Recoverable Medical Insurance Fund Prepayments and accrued income Total |
Amounts falling due within one year |
Amounts falling due after more than one |
Totals |
|---|---|---|---|
| This year Last year £ £ 309 749 93 2,206 4,871 8,017 - 1,175 47,172 39,560 |
This year Last year £ £ 11,760 12,080 - - - - - - - - |
This Year Last Year £ £ 12,069 12,829 93 2,206 4,871 8,017 - 1,175 47,172 39,560 |
|
| 52,445 51,707 | 11,760 12,080 | 64,205 63,787 |
Information on Long Term Debtor
The long term debtor balance relates to a loan to a member of New Tribes Mission. This was for the purchase of a property adjoining the North Cotes site.
www.ntm.org.uk review of the year 2021 39
New Tribes Mission – For the Year Ended 31 August 2021
13. Analysis of Creditors
| 13. Analysis of |
Creditors | Creditors | ||
|---|---|---|---|---|
| Amounts falling due | Amounts | falling due | ||
| within one year | after more than one year | |||
| This year | Last year | This year | Last year | |
| £ | £ | £ | £ | |
| Biomass Loan | 23,715 | 23,715 | - | |
| Trade creditors | 18,563 | 26,248 | - | - |
| Student Fees received in advance |
27,587 | 42,253 | - | - |
| Accruals and deferred income | 7,444 | 20,030 | - | - |
| Amounts owed to Volunteers | 160 | 75 | - | - |
| Other creditors | 103,719 | 105,732 | - | - |
| Total | 181,188 | 218,053 | - | - |
14. Cash at Bank and in Hand
| 14. Cash at Bank and in Hand |
14. Cash at Bank and in Hand |
|---|---|
| Santander Current Account Santander Savings Account Royal Bank of Scotland Deposit Account Petty Cash Total |
This year Last year £ £ 82,486 95,251 102,087 42,208 188,125 202,615 3,353 1,870 |
| 376,051 341,944 |
www.ntm.org.uk review of the year 2021 40
New Tribes Mission – For the Year Ended 31 August 2021
15. Lease Commitments
| Fixtures, Fittings & Equipment Xerox Photocopier Total |
This Year | <1 Yr 1-5 Yrs >5 Yrs £ £ £ 3,264 4,896 - Last Year |
|---|---|---|
| <1 Yr 1-5 Yrs >5 Yrs £ £ £ 3,264 1,632 |
||
| 3,264 1,632 - |
3,264 4,896 - |
Note
5 Year Operating Lease expires 2023
www.ntm.org.uk review of the year 2021 41
New Tribes Mission – For the Year Ended 31 August 2021
16. Movement in Funds
| 2021 Fund | ||||||
|---|---|---|---|---|---|---|
| Type | 2020 Funds | balances | ||||
| Restricted / | brought | carried | ||||
| Unrestricted | forward | Income | Expenditure | Transfers | forward | |
| Fund names | £ | £ | £ | £ | £ | |
| General Unrestricted Fund | Unrestricted | 74,768 | 256,577 | (221,605) | 6,191 | 115,931 |
| Fixed Asset Reserve | Unrestricted | 857,639 | - | - | (6,191) | 851,448 |
| Contingency Fund | Unrestricted | 82,919 | 4,576 | - | - | 87,495 |
| General Fund Reserve | Unrestricted | 50,000 | - | - | - | 50,000 |
| Total Unrestricted Funds | 1,065,326 | 261,153 | (221,605) | - | 1,104,874 | |
| Direct Missionary Support | Restricted | 158,673 | 967,392 | (946,338) | - | 179,728 |
| Deacons Fund | Restricted | 2,521 | 117 | - | - | 2,638 |
| Student Relief Fund | Restricted | 4,879 | 1,970 | (100) | - | 6,749 |
| Playground Fund | Restricted | 1,025 | - | (1,025) | - | 0 |
| Workshop Roof Fund | Restricted | - | 3,261 | - | - | 3,261 |
| Total | Restricted Funds | 167,098 | 972,740 | (947,462) | - | 192,376 |
| Total Funds | 1,232,424 | 1,233,893 | (1,169,067) | - | 1,297,250 |
| 2020 Fund | ||||||
|---|---|---|---|---|---|---|
| Type | 2019 Funds | balances | ||||
| Restricted / | brought | carried | ||||
| Unrestricted | forward | Income | Expenditure | Transfers | forward | |
| Fund names | £ | £ | £ | £ | £ | |
| General Unrestricted Fund | Unrestricted | 97,765 | 381,067 | (353,809) | (50,255) | 74,768 |
| Fixed Asset Reserve | Unrestricted | 794,953 | - | 62,686 | 857,639 | |
| Contingency Fund | Unrestricted | 76,506 | 6,413 | - | - | 82,919 |
| General Fund Reserve | Unrestricted | 50,000 | - | - | - | 50,000 |
| Total Unrestricted Funds | 1,019,224 | 387,480 | (353,809) | 12,431 | 1,065,326 | |
| Direct Missionary Support | Restricted | 95,871 | 1,418,150 | (1,342,917) | (12,431) | 158,673 |
| Deacons Fund | Restricted | 1,421 | 1,300 | (200) | - | 2,521 |
| Student Relief Fund | Restricted | 4,837 | 1,737 | (1,695) | - | 4,879 |
| Playground Fund | Restricted | 1,025 | - | - | - | 1,025 |
| Total | Restricted Funds | 103,154 | 1,421,187 | (1,344,812) | (12,431) | 167,098 |
| Total Funds | 1,122,378 | 1,808,667 | (1,698,621) | - | 1,232,424 |
www.ntm.org.uk review of the year 2021 42
New Tribes Mission – For the Year Ended 31 August 2021
Restricted funds arise where a donor has placed a specific restriction on the use of the funds.
Direct Missionary support comprises restricted donations, gifts and other monies received for the support of missionaries in the field of ministry. These funds are forwarded to the designated missionary.
The Deacons Fund is a fund that receives income either from donations or from transfers from other NTM accounts to help such accounts that are in need. The UK committee controls the allocation of the funds in the Deacon Fund.
The Student Relief Fund is a fund that receives income from either donations or from transfers from other NTM accounts to help with such student accounts that are in need, either in regards to paying fees or with living costs. The allocation of the funds in the Student Relief Fund is under the control of the North Cotes College Committee.
The Playground Fund is a fund for the development of a children's playground.
New Tribes Mission holds sufficient liquid assets to enable restricted funds to be applied in accordance with the restrictions.
The Contingency Fund is an unrestricted fund maintained to cover expenses of a major contingency situation involving a member or associate member of NTM-UK. As a way of anticipating such expenses all member (full or associate) contribute 0.75% of their gross income (as received at source by NTM-UK) into a contingency fund. This does not include personal funds or funds received from other International NTM partners, (similar charges may be charged at source in the other NTM partner country).
Transfers between the general fund and the fixed asset reserve represent movements within fixed assets during the year.
www.ntm.org.uk review of the year 2021 43
New Tribes Mission – For the Year Ended 31 August 2021
17. Trustee Benefits
For the year's ending 31st December 2020 and 31[st] August 2021 no Trustee remuneration were paid.
For the year's ending 31st December 2020 and 31[st] August 2021 no Trustee expenses were paid.
18. Transactions with Related Parties
Name of the trustee Relationship Description of the Amount or related party to charity transaction(s) £ NTM UK Donation for room use North Cotes Parish Trustee is credited to NTM 130 Council also a Parish Miscellaneous Income Councillor 130
www.ntm.org.uk review of the year 2021 44
New Tribes Mission – For the Year Ended 31 August 2021
We give thanks to God for His continued provision for the work of New Tribes Mission, both over this past year, as well as previous years.
Thanks also go to all those churches and individuals that have faithfully supported the work of NTM; by their prayers; through their giving; through their encouragement to the mission as a whole and to each missionary.
Finally, we want to acknowledge each missionary, associate, volunteer and student at North Cotes College who have helped us in the task of reaching the unreached with the good news of the gospel.
New Tribes Mission
Kenneth Campbell Road North Cotes Grimsby DN36 5XU 01472 387700 www.ntm.org.uk Registered charity number 278627
review of the year 2021 45
www.ntm.org.uk