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2023-12-31-accounts

CHARITY NO: 327825

AGLOW INTERNATIONAL (BRITAIN)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

AGLOW INTERNATIONAL (BRITAIN)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

PAGE
Reference and Administrative information 1
Report of the Trustees 2 – 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 – 18

AGLOW INTERNATIONAL (BRITAIN)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees: Evanne McVeigh - Chairperson Glenys Denise MacDonald Georgina Danso ( Resigned in October 2023) Helen Elizabeth Hunter ( Appointed in October 2023) Vanessa Anne Wilthew (Appointed in October 2023) Principal Office: PO BOX 122 South Sheilds Tyne and Wear NE33 4WU Charity Number: 327825 Independent Examiners: Wbg Services LLP Bankers: TSB Plc Glasgow

1

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2023. The legal and administrative information on page one forms part of this report.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.

Directors and Trustees

The directors of the charitable company (the charity) are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees.

Structure, Governance and Management

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 deficit of £16,940 and at the yearend had unrestricted reserves of £177,794.

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 2023, £177,794 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 9 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

Plans for the future

National board oversight and mentorship of leadership in Area and Local Groups. National board zoom call with all Area leadership every three months. Enlarging the vision of evangelism and outreaches within communities. Providing support for needs within communities e.g. Baby Bank, Women’s Aid, homeless. February 2025, weekend summit with National, Area, Men of Issachar and Generations leadership in Newcastle. National conference May 2025 in Blackpool open to all, expected attendees 450/500. Quarterly zoom Israel/Islam prayer calls. Mentoring Aglow leadership in Eastern Europe and supporting with humanitarian aid.

2

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

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.

a) Monthly outreach meetings are held in the locality where Aglow is established.

b) Women and men are encouraged to open their homes for prayer and Bible study.

c) Conferences are held at National and Area levels.

d) The Aglow International website www.aglow.org.uk currently covers all aspects of the ministry.

e) There is a prayer network across the nation to respond to any crisis or felt need.

Public Benefit in 2023

Outreach in the Community:

 Donating household items, food and toiletries to Women's Aid

 Donating new baby items to a local baby bank

 Representing Aglow in local events

 Generations groups

 Serving the homeless

 Donated parcels (hat/scarf or socks/pants, toiletries and chocolate) to the homeless

 Special Christmas projects (hampers, giving out gifts on high streets etc)

 Outreach meetings and conferences providing Biblical teaching and prayer ministry leading to physical and emotional healing

3

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

Achievements and Performance

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 11th 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 163 Area and Local Leaders in attendance.

The Aglow European Leaders’ Summit, 20th and 21st January was held on Zoom. The main speakers were Ron Cantor from Tikkun Global and Shelanu TV in Israel and Nonnie McVeigh, National President of Aglow Britain.

‘Growing Together’ Sessions with Area Leaders were held via Zoom on 14th March, 6th June, 5th September and 28[th] November, organised and led by the National Board.

Friday 19th to Sunday 21st May was our annual National Conference held at the Prince of Wales Hotel in Southport. The Speakers were James and Rebecca Aladiran and Jane Sullivan, all from the Prayer Storm Ministry in Manchester. The National President of Aglow Britain, Nonnie McVeigh also gave key messages to delegates. There were approximately 445 weekend delegates and 21-day 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 51 affiliated groups, 5 unaffiliated groups, 5 affiliated Candlelight groups and 1 unaffiliated Candlelight group, plus 2 affiliated Generations groups and 1 unaffiliated Generations group. 8 MOI affiliated groups which 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.

Invitations were given to all our EE leaders to join the Online Aglow European Leaders Summit in January 2023. All of our EE leaders managed to join for parts of the conference sessions.

An online conference with Russian translation was held for our Belarussian Groups which was also accessed by some Ukrainian and Moldovan leaders in October 2023 which was well supported, and good feedback was given with a request for a regular online gathering.

Invitations were also given to both our Romanian Generations leaders to attend our Aglow (Britain) Conference in May 2023 in Southport, one of whom, Cristina Luput, was able to come, along with her daughter. Cristina attended the EE Information booth throughout the Conference, meeting with many of the delegates, and was also able to share at the Saturday morning Conference Session.

4

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

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, and to the Generations Group in Oradea for Christmas and Easter gifts to be purchased for local needy children and families.

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 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.

Bulgaria – The work in Bulgaria continues.

British Groups EE Fundraising Initiatives

Local Groups throughout Britain are continuing to send funds into National Office in support of the EE work in a variety of ways.

Trips made in 2023

Elizabeth De Silva attended the Aglow 2023 US Global Conference in Jacksonville, Florida from 12th to 19th September 2023.

Cyprus

The work has ceased due to the expatriate leader returning to Britain.

Men of Issachar

Groups continue to be developed and grow. In 2023 we have groups in Peterhead, Ayrshire, Manchester, Gateshead, St Helens, Edinburgh, Fort William and Yorkshire.

Staff

There continues to be 3 staff members: Evanne McVeigh, Elizabeth De Silva, Margaret Waddell.

Website & Publicity

Our website is continually updated with relevant publicity.

5

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

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

31[st] August 2024

6

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2023

Trustees’ responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The law applicable to charities in England and Wales requires the trustee(s) 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 of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the Charities Act 1993, 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.

In the interest of transparency and accountability to our donors we publish our annual report, accounts and scrutiny report on the website. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees and signed on their behalf by:

Name:

Date:

7

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF AGLOW INTERNATIONAL (BRITAIN) FOR THE YEAR ENDED 31 DECEMBER 2023

I report on the Trustees on my examination of the accounts of the Charity for the period ended 31 December 2023 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:

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.

……………………………………………………………. Mark Mulholland FCCA Wbg Services LLP 104 Main Street Prestwick KA9 1PA

……………………………………………………………. Date

8

AGLOW INTERNATIONAL (BRITAIN)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2023

(Including an Income and Expenditure account)

Note
Income and endowments from:
Donations and legacies
4
Activities in furtherance of the charity’s objects
5
Interest Receivable
Total Income
Expenditure on:
Charitable Activity
6
Total Expenditure
Net income for the year
Net movement in funds
Funds reconciliation
Total funds brought forward
14
Total Funds carried forward
14		 Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Unrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
£
£
£
£
£
£
136,282
- 136,282
129,309
- 129,309
85,057
- 85,05749,227
- 49,227
1,560
-
1,560
445- 445
222,899
-
222,899
178,981
-
178,981
239,839
-
239,839
200,289
-
200,289
239,839
-
239,839
200,289
-
200,289
(16,940)
-
(16,940)
(21,308)
-
(21,308)
(16,940)
-
(16,940)
(21,308)
-
(21,308)
194,734
-
194,734
216,042
-
216,042
177,794
-
177,794
194,734
-
194,734

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

9

AGLOW INTERNATIONAL (BRITAIN)

BALANCE SHEET AS AT 31 DECEMBER 2023

Note
Fixed assets:
Tangible assets
11
Current assets:
Debtors
12
Cash at bank and in hand
Total Current assets
Liabilities:
Creditors falling due within
one year
13
Net Current assets
Net assets
The funds of the charity:
Unrestricted funds
14
Restricted funds
14
Total charity funds		 2023
£
-
696
180,586
181,282
3,488
177,794

177,794
177,794
-

177,794		 2022
£
-
850
197,084
197,934
3,200
194,734
194,734
194,734
-
194,734

Approved by the trustees and signed on their behalf by:

Name:

Date:

10

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting Policies

(a) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of investments at market value, and are in accordance with trust law, applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.

(b) Fund structure

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created funds for specific purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal.

Further details of each fund are disclosed in note 13.

(c) 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 notification 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.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

11

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting Policies (continued)

(d) 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 measured reliably.

All expenditure is accounted for on an accrual’s basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (e) below.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure is incurred.

(e) Allocation of governance costs

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and costs associated with running board meetings.

Governance costs have been apportioned directly to the cost of charitable activities.

(f) Tangible fixed assets and depreciation

Depreciation is calculated on the reducing balance basis at the following rates:

Equipment

Basis 20% Reducing Balance

(g) Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due.

(h) Cash at bank and in hand

Cash at bank and cash 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.

(i) 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 discounts due.

12

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting Policies (continued)

(j) Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

(k) Pensions

The charity makes contributions to employee’s personal pension plans. Employers’ contributions up to 7% are made which must be matched by employees. The Trust has no liability beyond making its contributions and paying across the deductions for the employee’s contributions.

(l) Taxation

The company is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

(m) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

(n) Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The trustees are satisfied that the accounting policies are appropriate and applied consistently.

Key sources of estimation have been applied as follows;

Estimate Basis of estimation Depreciation of fixed assets Fixed assets are depreciated over the useful life of the asset. The useful lives of fixed assets are based on the knowledge of the operations team, with reference to assets expected life cycle.

13

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Legal status of the charity

The charity is a registered English charity.

The charity is unincorporated.

3. Related party transactions and trustees’ expenses and remuneration

No employee received remuneration amounting to more than £60,000 in the year. One trustee received remuneration of £21,027 during the year. (2022: £20,849)

Travel expenses were reimbursed to trustees in the year of £1,332 (2022: £510).

During the year no trustee had any personal interest in any contract or transaction entered into by the charity (2022: none).

4. Donations and Legacies

Membership Fees
Gifts and Offerings
. Activities in furtherance of the charity’s objects
Magazines and publication sales
National, leaders and area conferences
Refreshments and Registrations
Other Income		 2023
2022
£
£
11,154
10,777
125,128
118,532
136,282
129,309
2023
2022
£
£
4,694
496
20,975
4,075
58,368
44,014
1,020
642
85,057
49,227

5. Activities in furtherance of the charity’s objects

6. Charitable Activities

Outreach
National Board Gifts
Tithes
National publication costs
Nation, leaders and area conferences
Area and local meeting costs
Board Expenses
Bank Charges
Computer Costs
Support Costs (Note 7)
Governance Costs (Note 8)		 2023
2022
£
£
30,449 52,942
17,696 18,500
948
1,872
4,472
940
46,767
10,247
80,149
64,145
7,229
3,381
126
5
1,660
1,786
47,685
44,071
2,658
2,400
239,839
200,289

14

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

7. Support Costs

Area representatives’ expenses
Travelling expenses
Copying, printing, stationery and telephone
Salaries and National Insurance		 4,036
3,198
5,126
2,978
2,570
2,057
35,953
35,838
47,685
44,071

8. Allocation of governance costs

Governance costs:
Independent Examiners’ remuneration		 2023
2022
£
£
2,658
2,400
2,658
2,400

Governance costs are allocated fully to costs of charitable activities

9. Analysis of staff costs and remuneration of key management personnel

Salaries and wages
Pension costs
Total staff costs		 2023
£
2022
£
35,349
34,294
489
650
35,838
34,944

The charity made contributions of £489 (2022: £650) to employee’s personal pension plans.

No employees had employee benefits in excess of £60,000 (2022: £0).

The average weekly number of persons, by headcount, employed by
the charity during the year was:
0. Net income/ (expenditure) for the year
This is stated after charging:
Independent examiners remuneration		 2023
No.
2022
No.
3
2
2023
£
2022
£
2,400
2,400

10. Net income/ (expenditure) for the year

15

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

11. Tangible Fixed Assets

Equipment

Cost
At 1 January 2023
Additions
Disposals
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
Eliminated on disposals
At 31 December 2023
At 31 December 2022
At 31 December 2023		 26,224
-
-
26,224
26,224
-
-
26,224
-
-

12. Debtors

Prepayments 2023
2022
£
£
696
850
696
850

13. Creditors: amounts falling due within one year

Accruals
PAYE		 2023
2022
£
£
2,948
2,719
540
481
3,488
3,200

16

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

14. Analysis of charitable funds

Analysis of
Fund movements
Unrestricted funds
General Funds
Total designated funds
General funds
Total unrestricted funds
TOTAL FUNDS
Analysis of
Fund movements
Unrestricted funds
General Funds
Total designated funds
General funds
Total unrestricted funds
TOTAL FUNDS		 2021
Balance
b/fwd
£
Income
£
Expenditure
£
Transfers
£
2022
Fund
c/fwd
£
-
-
-
-
-
-
-
-
-
-
216,042
178,981
200,289
- 194,734
216,042
178,981
200,289
-
194,734
216,042
178,981
200,289
-
194,734
2022
Balance
b/fwd
£
Income
£
Expenditure
£
Transfers
£
2023
Fund
c/fwd
£
-
-
-
-
-
-
-
-
-
194,734
222,899
239,839
- 177,794
194,734
222,899
239,839
-
177,794
194,734
222,899
239,839
-
177,794

a) The unrestricted funds are available to be spent for any of the purposes of the charity.

17

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

15. Net assets over funds

Fixed assets
Debtors
Bank & Cash
Creditors due < 1 year
Fixed assets
Debtors
Bank & Cash
Creditors due < 1 year		 Unrestricted
Funds
£
-
850
197,084
3,200
194,734
Unrestricted
Funds
£
-
696
180,586
3,488
177,794		 Restricted
Funds
£
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-		 Total
2022
£
-
850
197,084
3,200
194,734
Total
2023
£
-
696
180,586
3,488
177,794

18