AGLOW INTERNATIONAL (BRITAIN) DIRECTORS REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
JOHN KERR & COMPANY CHARTERED ACCOUNTANTS
AGLOW INTERNATIONAL (BRITAIN)
CONTENTS
Contents
| Page | |
|---|---|
| 1 - 4 | Trustees Report |
| 5 | Independent Examiner's Report |
| 6 | Statement of Financial Activities |
| 7 | Balance Sheet |
| 8 - 12 | Notes forming part of the financial statements |
| 13 - 14 | National Board of Britain Receipts and Payments Account |
AGLOW INTERNATIONAL (BRITAIN)
INFORMATION
President
Evanne McVeigh
Vice President, Finance Elizabeth De Silva Vice President Administration Doreen Icilda Henry Vice President Conferences Vanessa Anne Wilthew Vice President Affiliations Doreen Icilda Henry Vice President Memberships Helen Elizabeth Hunter Vice President Israel / Islam Glenys Denise Macdonald Vice President Eastern Europe Helen Elizabeth Hunter National Prayer Co-ordinator Georgina Danso (resigned 31 December 2022) Vice President, Leadership Development Elizabeth De Silva Address: PO Box 122 South Shields Tyne and Wear NE33 4WU Registered Charity Number: 327825 Independent Examiner Bruce Fairgrieve BSc CA John Kerr & Company, Chartered Accountants 32a Hamilton Street Saltcoats KA21 5DS Bankers TSB Plc Glasgow
Constitution
Aglow International (Britain) is constituted by Trust Deed, dated 11 April 1988. The Trust was registered with the Charity Commission on 15 June 1988. Subsequent trustees are appointed by the National Executive Board.
AGLOW INTERNATIONAL (BRITAIN)
TRUSTEES REPORT FOR THE YEAR TO 31 DECEMBER 2022 1
The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2022.
Statement of Trustees Responsibility
Charity law requires the trustees to prepare financial statements for each financial year, which give the state of affairs of the charity and the income and expenditure of the charity for that year.
The trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with relevant law. They are also responsible for safe guarding the assets of the charity.
Financial results
The results for the year and the year-end financial position are contained in the accounts presented in Sterling £. During the year the charity made a surplus of £21,308 and at the year end had unrestricted reserves of £194,734.
Reserves policy
It is the Trustees intention to maintain a prudent reserve of at least six months’ turnover which will be available to meet unplanned expenditure and to support projects. At end of December 2022, £194,734 was available in the general fund to meet such expenditure. The Trustees have considered the ability of the Trust to meet all liabilities as they fall due, for at least 12 months from the date of this report and are satisfied that this is the case. The accounts therefore have been presented on a going concern basis.
Trustees and officers
The following trustees held office for the whole of the year from 1 January 2022 to the date of this report unless otherwise indicated:
Evanne McVeigh - Chairperson Glenys Denise Macdonald Georgina Danso
Objectives and Activities
Aglow International (Britain) is an international, interdenominational organisation, which aims to promote unity and fellowship among all Christian believers and to encourage women and men to be committed to and recognise their role in Church and society according to the Scriptures.
In setting our objectives the Trustees have given careful consideration to the Charity Commissions public benefit guidance.
The main means of achieving these objectives include the following;
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a) Monthly outreach meetings are held in the locality where Aglow is established.
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b) Women and men are encouraged to open their homes for prayer and Bible study.
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c) Conferences are held at National and Area levels.
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d) The Aglow International website www.aglow.org.uk currently covers all aspects of the ministry.
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e) There is a prayer network across the nation to respond to any crisis or felt need.
AGLOW INTERNATIONAL (BRITAIN)
TRUSTEES REPORT FOR THE YEAR TO 31 DECEMBER 2022
2
Public Benefit in 2022
Outreach in the Community:
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Supplying support/clothes/toiletries at a local Refuge Centre
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Donating new baby items to a local baby bank
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Representing Aglow in local events
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Generations groups
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Serving the homeless
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Special Christmas projects (hampers, giving out gifts on high streets etc)
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Donating household items, food and toiletries to Woman's Aid
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Donations to a local alcohol free nightclub for young teenagers
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Donated parcels (hat/scarf or socks/pants , toiletries and chocolate) to the homeless
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Outreach meetings and conferences providing Biblical teaching and prayer ministry leading to physical and emotional healing
– Report Summary of Achievements during 2022
During the year under review Aglow has continued to reach out into communities, touch lives with love and care, and has seen many women, men and young people being helped, encouraged and strengthened in both practical and spiritual ways.
On January 12[th] the Area and Local Leaders met on Zoom with the National Board for the Leaders’ Summit where there was time of vision casting, encouragement and teaching. There were 100 Area and Local Leaders in attendance.
The Aglow European Leaders’ Summit, 21[st] and 22[nd] January was held on Zoom. The main speakers were Asher Intrater of Revive Israel and Tikkun Ministries, Jane Hansen Hoyt, President and CEO of Aglow International, Edda Swan, Chair of the Aglow European Committee and Nonnie McVeigh, National President of Aglow Britain.
‘Growing Together’ Sessions with Area Leaders were held via Zoom on 15[th] February, 12[th] April, 14[th] June, 6[th] September and 22[nd] November, organised and led by the National Board.
Friday 14[th] and Saturday 15[th] October was our annual National Conference held via Zoom. The main speaker was Lance Wallnau. There were approximately 350+ delegates in attendance.
One Monday every quarter 1 hour long Zoom Calls are held by a member of the National Board, to bring up to date information and to pray about important national issues connected with our Mandates for Israel and Islam.
Aglow has a total of 52 affiliated groups, 4 unaffiliated groups, 6 affiliated Candlelight groups and 1 unaffiliated Candlelight group, plus 2 affiliated Generations groups and 1 unaffiliated Generations group, 8 MOI affiliated groups (includes MOI Target Groups).
Eastern Europe
Britain continues to support the work in Belarus, Moldova, Romania, Ukraine and Bulgaria.
An annual Eastern Europe Prayer Letter continues to be sent out.
AGLOW INTERNATIONAL (BRITAIN)
TRUSTEES REPORT FOR THE YEAR TO 31 DECEMBER 2022 3
Invitations were given to all our EE leaders to join the Online Aglow European Leaders Summit in January 2022. All of our EE leaders managed to join for parts of the conference sessions. We were able to arrange for Russian, Bulgarian and Romanian translation for this Summit.
An online conference was held for our Romanian and Moldovan Groups in March 2022 which was well supported and good feedback was given and a request for a regular online gathering.
Invitations were also given to all our EE leaders to join the Online Aglow (Britain) Conference in October 2022. All of our EE leaders managed to join for parts of the conference sessions. Helena Blagodir, our Ukrainian Aglow National leader was able to share at the Saturday morning session of this conference.
A special PRAYER FOR UKRAINE online prayer meeting was held in March 2022 which was well supported by our Aglow (Britain) groups.
Romania - Irene Anselmi continues to work as Regional leader for East Romania where there are 4 Prayer/ Bible Study groups which continue to meet regularly. Gifts were once again made from Aglow Britain to the Adjud Children’s Feeding Programme.
The Generations Group leaders in Oradea, in the west of Romania, were gifted money from Aglow (Britain) to make up and distribute aid packages to local refugee centres for Ukrainian families. They also held a fundraiser in order to purchase and distribute Christmas parcels to a local orphanage.
Moldova – Marina Samoil along with the National Committee continues to oversee the work in Moldova. The Capital City Prayer Group continues, with some changes in the group and new ladies joining.
Belarus – Helen Hunter continues to work with National Leader and Vitebsk Regional leader Albina Nikitova. Tatiana Nesterova continues as Regional Leader for Mogilev.
Ukraine – Helena Blagodir remains as National Leader. She and her family have had to relocate due to the invasion of Ukraine. However, she has kept in touch with the Aglow leaders who are still in Ukraine, and has regularly updated us on the situation there. Because of this, Aglow (Britain) has been able to donate funds to purchase aid supplies and a vehicle with which to distribute these supplies.
Bulgaria – The work in Bulgaria continues. In 2022 funds were sent to supply aid which was taken to, and distributed in the refugee centres near the Ukraine border.
British Groups EE Fundraising Initiatives
Local Groups throughout Britain are continuing to send funds in to National Office in support of the EE work in a variety of ways. In 2022 there was a special appeal for donations specifically for Ukraine, which was very well responded to.
No Trips were made in 2022
Cyprus
The work has been restricted due to illness, expatriates returning to Britain, and travel restrictions.
Men of Issachar
Groups continue to be developed and grow. In 2022 we had groups in Peterhead, Ayrshire, Manchester, Gateshead, St Helens, Isle of Man, Edinburgh, Fort William and Yorkshire.
AGLOW INTERNATIONAL (BRITAIN)
TRUSTEES REPORT FOR THE YEAR TO 31 DECEMBER 2022 4
Staff
There continues to be 2 staff members; Evanne McVeigh, Elizabeth De Silva.
Website & Publicity
Our website is continually updated with relevant publicity.
Constitution and Governance
The charity was constituted in April 1988 by Trust Deed.
The appointment of Trustees is made by the national Executive Board having considered the required skill sets of the Board of Trustees.
New Trustees are given advice and training in their roles by existing Trustees
Approved by the Trustees and signed on their behalf
………………………………………………………………………………. Evanne McVeigh (Chairperson) National President 26 September 2023
AGLOW INTERNATIONAL (BRITAIN)
INDEPENDENT EXAMINER'S REPORT 5
I report on the Trustees on my examination of the accounts of the Charity for the period ended 31 December 2022 which are set out on pages 6 to 11.
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 which gives me cause to believe that, in any material respect:
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The accounting records were not kept in accordance with 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.
……………………………………………………………. Bruce Fairgrieve BSc CA John Kerr & Company, Chartered Accountants 32a Hamilton Street Saltcoats Ayrshire KA21 5DS
……………………………………………………………. Date
AGLOW INTERNATIONAL (BRITAIN)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 DECEMBER 2022
| ______ Incoming Resources Donations, legacies and similar incoming resources Activities in furtherance of the Charity objects Interest receivable Total incoming resources Resources Expended Gifts and donations Cost of Activities Support costs Management and administration Governance costs Total resources expended Net movement in funds Fund balances brought forward Fund balances carried forward |
______ Note 4 5 6 7 8 9 10 |
____ 2022 £ 129,309 49,227 445 _ 178,981 ====== 73,314 75,332 44,071 5,172 2,400 _ 200,289 _ (21,308) 216,042 _ 194,734 ====== |
____ 2021 £ 89,622 27,879 280 _ 117,781 ====== 25,663 25,692 40,177 4,112 2,400 __ 98,044 _ 19,738 196,304 ____ 216,042 ====== |
|---|---|---|---|
The notes on pages 8 to 12 form part of the financial statements.
All funds are unrestricted.
AGLOW INTERNATIONAL (BRITAIN)
BALANCE SHEET AS AT 31 DECEMBER 2022 7
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |||
| Fixed Assets | 12 | - | - | ||||
| Current Assets | |||||||
| Debtors | 13 | 850 | 868 | ||||
| Cash at bank | 197,084 | 218,236 | |||||
| _ | _ | ||||||
| 197,934 | 219,104 | ||||||
| Creditors | |||||||
| Amounts falling due within | |||||||
| one year | 14 | (3,200) | (3,062) | ||||
| _____ | ______ | ||||||
| Net Current Assets | 194,734 | 216,042 | |||||
| _ | _ | ||||||
| Total Assets Less Current Liabilities | 194,734 | 216,042 | |||||
| ====== | ====== | ||||||
| Represented By: | |||||||
| General Fund - Unrestricted | 194,734 | 216,042 | |||||
| ====== | ====== |
The financial statements were approved by the Board of Trustees on the 26 September 2023.
........................................................................................ Evanne McVeigh Chairperson of Trustees 26 September 2023
The notes on pages 8 to 11 form part of the financial statements.
AGLOW INTERNATIONAL (BRITAIN)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 8
1 Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared in accordance with 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 (FRS102) and with the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
b) Preparation of accounts on a going concern basis
The uncertain economic outlook caused by the COVID-19 pandemic is a significant area of financial uncertainty. The trustees are confident in their ability to continue until the pandemic subsides, on account of their significant cash balances at the year end.
c) Funds structure
The total funds of the charity are unrestricted.
d) Income recognition
Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notifications of the interest paid or payable by the bank.
Income from government and other grants, whether ‘capital’ or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
AGLOW INTERNATIONAL (BRITAIN)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 9
a) Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measure reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. Support costs represent costs associated with running the National affairs and providing support to the Area and local Groups.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure is incurred.
b) Debtors
Prepayments are valued at the amount prepaid net of any trade discounts due.
c) Cash at bank and in hand
Cash at bank and in hand includes cash and short-term, highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
d) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
2 Legal status of the charity
The charity a registered charity.
3 Related party transactions and Trustee’s expenses and remuneration
No employee received remuneration amounting to more than £60,000 in the year. One trustee received remuneration of £20,849 during the year. (2021: £18,883)
Three trustees received reimbursed expenses during the year totalling £510. (2021: £1,143). These expenses covered incidental costs such as travel, internet and telephone, and office supplies.
AGLOW INTERNATIONAL (BRITAIN)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| ____ 4 5 6 7 |
________ Donations, legacies and similar incoming resources Membership fees Gifts and offerings Activities in furtherance of the charity's objects Magazines and publications sales National, leaders and area conferences Refreshments and Registrations Other Income Gifts and donations Outreach National board gifts Tithes Cost of activities National publication costs National, leaders and area conferences Area and local meeting costs |
__ 2022 £ 10,777 118,532 _ 129,309 ====== 2022 £ 496 4,075 44,014 642 _ 49,227 ===== 2022 £ 52,942 18,500 1,872 73,314 ===== 2022 £ 940 10,247 64,145 ___ 75,332 ===== |
___ 2021 £ 9,521 80,101 __ 89,622 ===== 2021 £ 364 7,732 9,817 9,966 _ 27,879 ===== 2021 £ 13,073 9,284 3,306 25,663 ===== 2021 £ 695 7,516 17,481 ___ 25,692 ===== |
|---|---|---|---|
AGLOW INTERNATIONAL (BRITAIN)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| 8 9 10 11 |
Support costs Area representatives expenses Travelling expenses Copying, printing, stationery and telephone Salaries and National Insurance (note 11) Management & administration expenses Board expenses Bank Charges Computer Costs Governance costs Independent Examination Fees Staff costs Wages and salaries Pension Costs Average number of employees |
2022 £ 3,198 2,978 2,057 35,838 __ 44,071 ===== 2022 £ 3,381 4 1,786 5,171 ===== 2022 £ 2,400 ==== 2022 £ 35,349 489 ___ 35,838 ===== 2 = |
2021 £ 1,716 10 3,507 34,944 __ 40,177 ===== 2021 £ 4,083 28 - 4,111 ==== 2021 £ 2,400 ==== 2021 £ 34,294 650 ___ 34,944 ===== 2 = |
|---|---|---|---|
AGLOW INTERNATIONAL (BRITAIN)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| ____ 12 13 14 |
________ Fixed assets Cost or valuation As at 1 January 2022 As at 31 December 2022 Depreciation As at 1 January 2022 Charge for the year As at 31 December 2022 Net Book Value As at 31 December 2022 As at 31 December 2021 Debtors Prepayments Creditors: amounts falling due within one year Taxation and social security Accruals |
__ Equipment £ 26,224 26,224 26,224 - 26,224 ===== - = - = 2022 £ 850 850 === 2022 £ 481 2,719 _____ 3,200 ==== |
__ 2021 £ 868 868 === 2021 £ 343 2,719 3,062 ==== |
|---|---|---|---|