Active Service Trust
FINANCIAL STATEMENTS
for the year ended 31 August 2024
Registered Charity Number 280638
Active Service Trust
DIRECTORS
David Carling Gwenyth Carling
ASSOCIATE DIRECTORS
Lesley Carling Stephen Carling
TRUSTEES
Michael Carling Andy Husselbee Jane Husselbee John McLellan Shirley McLellan Andrew Plowman
REGISTERED CHARITY NUMBER
280638
PRINCIPAL ADDRESS
Yew View Over Kellet Carnforth LA6 1BS
BANKERS
NatWest 68 Church St Lancaster LA1 1LN
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Active Service Trust
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 AUGUST 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Active Service Trust is a Registered Charity, formed and governed under its Trust Deed dated 27 May 1980.
Names of the Directors and Trustees who served during the year are set out on the preceding page.
The Trust Deed requires between three and nine trustees to serve at any one time. New trustees are appointed by resolution at meetings of existing trustees.
OBJECTIVES AND ACTIVITIES
The objectives of the Trust are detailed in the Trust Deed. The Trust finances the global ministry of its Directors in strengthening the Church and initiating and monitoring relief projects, and supports overseas relief and ministry projects through partnership with local agencies.
ACHIEVEMENTS AND PERFORMANCE DURING THE YEAR
In planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit.
After a lifetime of global ministry, the Directors David and Gwenyth Carling now travel only occasionally. Over £22,000 was raised and sent to Stefanos Foundation in Jos towards relief work, trauma counselling, and advocacy in Northern and Central Nigeria in the face of the continued persecution of Christian believers there.
All payments to the Directors and other members of the Carling family are decided by non family trustees only, and made in accordance with our Conflicts of Interest policy.
RESERVING POLICY
Restricted funds are used solely for viable relief and ministry projects and are utilised as soon as is practicable. Unrestricted reserves are maintained at a level sufficient to provide for an honorarium for the Directors, and to cover any other direct costs incurred in the course of their ministry.
A Plowman TRUSTEE Date
S McLellan TRUSTEE Date
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Active Service Trust
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024
I report to the trustees on my examination of the accounts of Active Service Trust (the Trust) for the year ended 31 August 2024.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Douglas M Gardner, BSc, Dip Th, FCMA, CGMA. 7 Windward Avenue, Fleetwood, Lancs.
Date: 30 Sept 2024
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Active Service Trust
RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | prev year | ||
| RECEIPTS | ||||
| Donations | 0 | 24,339 | 24,339 | 17,899 |
| Gift Aid tax refunds | 0 | 805 | 805 | 947 |
| Dividends | 2,007 | 0 | 2,007 | 2,132 |
| Sundry income | 0 | 0 | 0 | 0 |
| Total | 2,007 | 25,144 | 27,151 | 20,978 |
| PAYMENTS | ||||
| Relief and ministry projects | 0 | 22,715 | 22,715 | 18,511 |
| Honoraria | 6,000 | 0 | 6,000 | 6,000 |
| Travel | 0 | 0 | 0 | 0 |
| Equipment and resources | 0 | 0 | 0 | 0 |
| Telephone and internet | 80 | 0 | 80 | 260 |
| Accommodation | 0 | 0 | 0 | 800 |
| Sundry expenses | 69 | 0 | 69 | 69 |
| Total | 6,149 | 22,715 | 28,864 | 25,640 |
| Capital purchases | 0 | 0 | 0 | 0 |
| Change in value of investments | 3,163 | 0 | 3,163 | -1,687 |
| Net income | -979 | 2,429 | 1,450 | -6,349 |
| Inter-fund transfers | 0 | 0 | 0 | 0 |
| Funds brought forward | 36,843 | 495 | 37,338 | 43,687 |
| Funds carried forward | 35,864 | 2,924 | 38,788 | 37,338 |
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Active Service Trust
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 AUGUST 2024
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | prev year | ||
| Investments | 34,242 | 0 | 34,242 | 33,579 |
| Current account | 1,622 | 2,924 | 4,546 | 3,759 |
| Paypal donation account | 0 | 0 | 0 | 0 |
| US dollar account | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| Total | 35,864 | 2,924 | 38,788 | 37,338 |
NOTES TO THE ACCOUNTS
FUNDS
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the objectives of the charity. Restricted Funds comprise relief project funds. These are allocated 100% to direct project costs, all other costs being borne by Unrestricted Funds.
| MOVEMENT IN INVESTMENTS | |
|---|---|
| £ | |
| Investment value brought forward at 1 September 2023 | 33,579 |
| Proceeds from sale of units | (2,500) |
| Increase / (decrease) in unit values | 3,163 |
| ______ | |
| Investment value carried forward at 31 August 2024 | 34,242 |
A Plowman TRUSTEE Date
S McLellan TRUSTEE Date
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