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2024-12-31-accounts

CHARITY NO: 327825

AGLOW INTERNATIONAL (BRITAIN) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

AGLOW INTERNATIONAL (BRITAIN)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees: Evanne McVeigh - Chairperson Glenys Denise Macdonald Helen Elizabeth Hunter – Resigned 01/10/2024 Vanessa Anne Wilthew Doreen Icilda Henry – Appointment 01/10/2024 Principal Office: PO BOX 122 South Sheilds Tyne and Wear NE33 4WU Charity Number: 327825 Independent Examiners: Wbg Services LLP 104 Main Street Prestwick KA9 2NT Bankers: TSB Plc Glasgow

1

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2024

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2024. 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.

Structure, Governance and Management

Governing Document

Aglow International (Britain) is constituted by Trust Deed, dated 11 April 1988.

The Trust was registered with the Charity Commission on 15 June 1988.

Recruitment and Appointment of Trustees

The appointment of Trustees is made by the National Executive Board having considered the required skill sets that the Board of Trustees must have.

New Trustees are given advice and training in their roles by existing Trustees.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We regularly review our aims, objectives and activities. Whilst doing so the Trustees will consider the impact of any planned changes in relation to the aims and objectives.

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 £9,797 and at the yearend had unrestricted reserves of £187,591.

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 2024, £187,591 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.

2

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2024

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.

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 considered 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 2024

Outreach in the Community:

3

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2024

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 February 9[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, 19th and 20th January was held in Prague, Czech Republic. The main speakers were Nancy McDanial, Aglow International Prayer Director, Nonnie McVeigh, National President of Aglow Britain (via zoom) and Edda Swan, Chairman of the Aglow European Regional Committee.

‘Growing Together’ Sessions with Area Leaders were held via Zoom on 30[th] April 17th September and 19[th] November, organised and led by the National Board.

Friday 7th to Sunday 9th June was our annual National Conference held at The Grand Hotel, Blackpool. The Speakers were Apostle Barbara Yoder, Shekinah Church, Ann Arbor Michigan. Nonnie McVeigh National President of Aglow Britain also gave key messages to delegates. There were approximately 422 delegates including 53-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 50 affiliated groups, 4 unaffiliated groups, 5 affiliated Candlelight groups and 1 unaffiliated Candlelight group, plus 3 affiliated Generations groups and 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 was sent out in the Spring of 2024.

Invitations were given to all our EE leaders to join the Online Aglow European Leaders Summit in February 2024. Some of our EE leaders managed to join for parts of the conference sessions.

Romania - Gifts were once again made from Aglow Britain to the Adjud Children’s Feeding Programme, now an After-School programme providing educational and nutritional support to needy children in Adjud, and also to the Generations Group in Oradea for Christmas and Easter gifts to be purchased for local needy children and families. The Generations Leaders continue to update on the projects they undertake.

4

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2024

Moldova – Marina Samoil has informed us that the Aglow work in Moldova, has had to take a sabbatical during the last few months due to illness, but are planning to reconnect with Capital City Prayer.

Belarus – Helen Hunter has continued to work with Vitebsk Regional leader Albina Nikitova. Tatiana Nesterova continues as Regional Leader for Mogilev. There have been two video calls between Helen and Albina when Albina updated on the work in Belarus. Albina was able to join the Leaders’ Summit Zoom call. The groups are still meeting. The desire for us to do a trip into Belarus was evident, but proved difficult to plan because of National, Church and personal circumstances there. In November plans began to be put in place to enable Albina and Tatiana to attend the European Leaders Summit in Lithuania in early 2025.

Ukraine – Helena Blagodir remains as National Leader. She and her family still residing in Portugal, but Helena keeps in constant touch with the Aglow leaders in Ukraine. She has regularly updated us on the Aglow work there and was able to join the Leaders Summit held on Zoom in early February. She sent us information and photographs of the Aglow Conference held early in 2024 when approximately 28 ladies attended. She also updated us on information about supplies bought for the soldiers fighting in the war with Russia. These were purchased through donations from Aglow Britain. Plans began to be put in place in November for Helena to attend the European Leaders Summit in Lithuania in early 2025.

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.

Men of Issachar

Groups continue to be developed and grow. In 2024 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. vv@uuell.

Evanne McVeigh (Chairperson

5

AGLOW INTERNATIONAL (BRITAIN)

Report of the Trustees for the year ended 31 December 2024

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:

6

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF AGLOW INTERNATIONAL (BRITAIN) FOR THE YEAR ENDED 31 DECEMBER 2024

I report on the Trustees on my examination of the accounts of the Charity for the period ended 31 December 2024 which are set out on pages 8 to 17.

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 4[th] July 2025

7

AGLOW INTERNATIONAL (BRITAIN)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2024

(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
2024
Restricted
Funds
2024
Total
Funds
2024
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
£
£
£
£
£
£
134,723
-
134,723
136,282
- 136,282
90,502
-
90,502
85,057
- 85,057
2,329
-
2,329
1,560- 1,560
227,554
- 227,554
222,899
-
222,899
217,757
-
217,757
239,839
-
239,839
217,757
-
217,757
239,839
-
239,839
9,797
-
9,797
(16,940)
-
(16,940)
-
(16,940)
-
(16,940)
177,794
-
177,794
194,734
-
194,734
187,591
-
187,591
177,794
-
177,794

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

8

AGLOW INTERNATIONAL (BRITAIN)

BALANCE SHEET AS AT 31 DECEMBER 2024

Note 2024 2023
£ £
**Fixed assets: **
Tangible assets 11 - -
Current assets:
Debtors 12 2,433 696
Cash at bank and in hand 188,434 180,586
Total Current assets 190,867 181,282
Liabilities:
Creditors falling due within
one year 13 3,276 3,488
Net Current assets 187,591
 177,794
Net assets 187,591 177,794
The funds of the charity:
Unrestricted funds 14 187,591 177,794
Restricted funds 14 -
 -
Total charity funds 187,591 177,794

Approved by the trustees and signed on their behalf by:

9

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 14.

(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.

10

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

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.

11

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

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.

(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.

12

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

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

There was 3 employees who received remuneration amounting to £36,765 in the year. There was no remuneration paid for the role as a trustee.

Travel expenses were reimbursed to trustees in the year of £1,057 (2023: £1,332).

During the year no trustee had any personal interest in any contract or transaction entered by the charity (2023: none).

4. Donations and Legacies

Membership Fees
Gifts and Offerings
5. Activities in furtherance of the charity’s objects
Magazines and publication sales
National, leaders and area conferences
Refreshments and Registrations
Other Income		 2024
2023
£
£
11,111
11,154
123,612
125,128
134,723
136,282
2024
2023
£
£
2,779
4,694
29,407
20,975
58,199
58,368
117
1,020
90,502
85,057

6. Charitable Activities

. Charitable Activities
2024 2023
£ £
Outreach 25,324 30,449
National Board Gifts 24,373 17,696
Tithes - 948
National publication costs 2,741 4,472
Nation, leaders and area conferences 16,647 46,767
Area and local meeting costs 92,428 80,149
Board Expenses 5,987 7,229
Bank Charges 380 126
Computer Costs 1,658 1,660
Support Costs (Note 7) 46,017 47,685
Governance Costs (Note 8) 2,202 2,658

13

217,757

239,839

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		 2024 2023
3,778
4,036
3,597
5,126
1,877
2,570
36,765
35,953
46,017
47,685

8. Allocation of governance costs

Governance costs:
Independent Examiners’ remuneration		 2024
2023
£
£
2,202
2,658
2,202
2,658

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		 2024
£
2023
£
36,513
35,349
252
489
36,765
35,838

The charity made contributions of £252 (2023: £489) to employee’s personal pension plans. s

No employees had employee benefits in excess of £60,000 (2023: £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		 2024
No.
2023
No.
3
3
2024
£
2023
£
2,460
2,400

10. Net income/ (expenditure) for the year

14

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

11. Tangible Fixed Assets

Equipment

Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
Eliminated on disposals
At 31 December 2024
At 31 December 2023
At 31 December 2024		 26,224
-
-
26,224
26,224
-
-
26,224
-
-

12. Debtors

Prepayments
Gift Aid Debtor		 2024
2023
£
£
874
696
1,559
-
2,433
696

13. Creditors: amounts falling due within one year

Accruals
PAYE		 2024
2023
£
£
2,718
2,948
558
540
3,276
3,488

15

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

14. Analysis of charitable funds

2022 2023
Analysis of Balance Fund
Fund movements b/fwd Income Expenditure Transfers c/fwd
£ £ £ £ £
Unrestricted funds
General Funds - - - - -
Total designated funds - - - - -
General funds 194,734 222,899 239,839 - 177,794
Total unrestricted funds 194,734 222,899 239,839 - 177,794
TOTAL FUNDS 194,734 222,899 239,839 - 177,794
2023 2024
Analysis of Balance Fund
Fund movements b/fwd Income Expenditure Transfers c/fwd
£ £ £ £ £
Unrestricted funds
General Funds - - - -
Total designated funds - - - - -
General funds 177,794 227,554 217,757 - 187,591
Total unrestricted funds 177,794 227,554 217,757 - 187,591
TOTAL FUNDS 177,794 227,554 217,757 - 187,591

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

16

AGLOW INTERNATIONAL (BRITAIN)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

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
£
-
2,433
188,434
3,276
187,591
Unrestricted
Funds
£
-
696
180,586
3,488
177,794		 Restricted
Funds
£
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-		 Total
2024
£
-
2,433
188,434
3,276
187,591
Total
2023
£
-
696
180,586
3,488
177,794

17