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2023-01-31-accounts

Report of the Trustees and Unaudited Financial Statements

For the Year Ended 31[st] January 2023

For

The Christian and Missionary Alliance

Registered No: 02451392 Registered Charity No. 802990

Contents of the Financial Statements For the year ending 31[st] January 2023

Page
Report of the Trustees 3 to 6
Independent Examiner’s Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 13
Statement of Financial Activities 14

Report of the Trustees For the Year Ended 31[st ] January 2023

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st January 2023.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02451392

Registered Charity number 802990

Registered office

Ashby Alliance Evangelical Church Off Avenue Road Ashby de la Zouch Leicestershire LE65 2FA

Trustees

Rev M P Sharman Rev Mike Baraniak Rev D Turpin Mr A Benham (Treasurer)

Company Secretary

Mrs C Baraniak 11 Elstead Lane Blackfordby Swadlincote DE11 8AJ

Independent Examiner

Report of the Trustees - Continued

Page 3

For the Year Ended 31[st ] January 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document; the Memorandum and Articles of Association dated 4th November 1989, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985.

Recruitment and appointment of new trustees

The Management Committee shall be made up of a minimum of 3 voting Members and 5 maximum including the officers – Director, Deputy Director and Treasurer. The post of General Secretary will be appointed by the voting members of the Management Committee. The Management Committee shall establish a Council of Reference made up of one representative (Pastor or Elder ) from each of the Associated Churches, or a substitute as approved and empowered by the Associated Church leadership, from each of the Associated Churches. The AGM will elect officers from nominations drawn together by the Committee on Nominations, members of the Management Committee and Accredited Workers and also confirm co-opted members as recommended by the Management Committee.

The Director acts as the Chief Executive Officer and Chairman of the Management Committee. No remuneration is paid to the members of the committee for work on that committee.

Induction and training of new trustees

Officers are drawn from amongst the officers of Associated Churches and are familiar with the workings of the C&MA. The trustees seek to keep up with their responsibilities by way of online engagement with available expertise at least annually. In order to make trustees aware of their legal responsibilities, all current trustees have been made aware of CC3 'The Essential Trustee'.

Organisational structure

The charity consists of Associated Churches within the United Kingdom.

The charity is run by a Management Committee that meets approximately four times a year. The Management Committee is made up of up to five voting members including officers - Director, Deputy Director and Treasurer. The post of General Secretary is appointed by the voting members of the Management Committee. They receive advice from the Council of Reference.

Related parties

The charity is part of and is affiliated to the worldwide organisation known as The Alliance World Fellowship which was born out of the work of The Christian & Missionary Alliance in over 50 countries. The charity is autonomous within the United Kingdom.

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. Reviews of risk and the affairs of the charity are carried out when the accounts are approved by the finance committee in advance of the annual conference. The financial records are reviewed regularly by the Treasurer and in advance of submitting them to the finance committee. The accounts are examined by an independent examiner.

Page 4

Report of the Trustees - Continued For the Year Ended 31[st ] January 2023

OBJECTIVES AND ACTIVITIES

Objectives and aims

The primary object of the charity is to promote the Christian Faith in all parts of the world in accordance with the Doctrinal Statement and in line with the vision, mission and strategy adopted and reviewed from time to time by members at the Annual General Meeting. Website www.cmalliance.org.uk.

Significant activities

The current activities are primarily bringing together a network of small groups and churches of like Biblical mindset in the UK that encourage one another as a family and engage together in overseas projects arising from the charity’s membership of the Alliance World Fellowship. Funds are channelled through the charity for disaster relief and worker support in various countries which have included Lebanon, Syria, Bosnia Hercegovina. Mongolia, Spain, Guinea and France. Currently support for work is regularly to Spain, Guinea, Bosnia Hercegovina and Bulgaria.

Volunteers

The Christian and Missionary Alliance relies largely on volunteers to provide for the day to day running of the organisation. Without this aid C&MA(GB) estimates the staff costs would rise by £30,000.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Management Committee considers that the performance of the charity for the year has been satisfactory but recognises that additional income is required to sustain current levels of support to workers and provide administrative support. Support has been given to personnel church planting and training.

Investment performance

The Management Committee are currently satisfied with the investment performance of the assets so far and have no plans to make any changes.

Internal and external factors

The Management Committee have made an assessment of the internal and external factors that may affect the financial statements and do not deem any factors material enough to have an impact.

FINANCIAL REVIEW

Reserves policy

Cash is held in the bank to cover net current liabilities and the balances on the various funds. The objective is to develop partnerships in the United Kingdom and with the Alliance World Fellowship to increase giving. In the event that adequate income is not achieved activity will be reduced accordingly. Funds are available to maintain current level of activities for the foreseeable future.

Page 5

Report of the Trustees - Continued For the Year Ended 31[st ] January 2023

Investment policy objectives

Under the Memorandum and Articles of association, the charity has the powers to borrow or raise money for the objects of the C&MA(GB) on such terms and (with such consents as are required by law) on such security as may be thought fit provided that the C&MA(GB) shall not undertake any permanent trading activities in raising funds for the objects of the C&MA(GB). Also, the charity has the powers to invest the money of the C&MA(GB) not immediately required for its objects in or on such investments, securities or property as may be thought fit, subject nevertheless to such conditions (if any) and such consents (if any) as may for the time being be imposed or required by law and subject to other constraints found within the Articles of Association.

The remaining cash is to be invested in an instrument that is seen to be as low risk as possible in order to provide good stewardship of monies held by the charity.

Overall the charity experienced a reasonably satisfactory year and hopes it will continue at the current level, or better, next year.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD

Tony Benham Treasurer

30-10-2023 Date:

Page 6

Independent Examiner's Report To the Trustees of The Christian & Missionary Alliance (GB)

I report on the accounts of the company for the year ended 31 Jan 2023, which are set out on pages 1 to 4.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income does not exceed £250,000 and I am competent with the necessary experience to undertake the examination. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that in any material respect the requirements:

Name:

Date:

Page 7

STATEMENT OF FINANCIAL ACTIVITIES

for the Year Ended 31st January 2023

Notes
INCOME
Donations
2
Council & Other
Investment & Bank Interest
3
Total Incoming resources
EXPENDITURE
Overseas Organisations & Individuals
UK Organisations & Individuals
Other costs
Council Costs
Administration
Depreciation
4
Total other costs
Total Expenditure
Surplus of Income for Year
NET INCOMING/(OUTGOING)
RESOURCES before transfers
Gross transfers between funds
8
Net incoming/(outgoing) resources
RECONCILLIATION OF FUNDS
Capital Funds
Reserves Brought Forward
Net incoming (outgoing) resources excl capital
Carried Forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
£
8,262
2,471
0
10,733
(225)
(225)
0
(2,449)
0		 Restricted
Funds
£
44,046
1,225
0
45,271
(18,229)
(32,371)
(50,600)
(3,278)		 2023
Total funds
£
52,308
3,696
0
54,004
(18,229)
(32,596)
(50,825)
0
(2,449)
(3,278)
(5,727)
(56,552)
(548)
(906)
(1,454)
101,351
55.283
1,824
57,107
158,458		 2022
Total
Funds
£
73,101
5,291
0
78,392
(26,960)
(31,180)
(58,140)
(190)
(7,090)
(3,278)
(2,449)
(2,674)
8,059

(3828)
4,231
0
29,925
4,231
34,156
34,156		 (3,278)
(53,878)
(8,607)
2,922
(5,685)
101,351
25,358
(2,407)
22,951
124,302		 (10,558)
(68,698)
9,694
9,694
104,629
42,311
12,972
55,283
159,912

Page 8

BALANCE SHEET

for the Year Ended 31st January 2023

FIXED ASSETS
Notes
Tangible Assets
6
CURRENT ASSETS
Prepayments and accrued income
7
Cash in hand
CREDITORS/DEBTORS
Amount falling due within one year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
8
Capital funds
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
Funds
£
0
760
33,397
34,157
34,157
34,157
34,157
34,157
34,157		 Restricted
Funds
£
101,351
2,936
20,015
22,951
22,951
124,302
124,302
101,351
22,951
124,302		 2023
Total funds
£
101,351
3,696
53,412
57,108
57,108
158,459
158,459
101,351
34,157
22,951
158,459		 2022
Total
Funds
£
104,629
11,015
44,268
55,283
55,283
159,912
159,912
104,629
29,925
25,358
159,912
Mr A Benham
Treasurer

Page 9

BALANCE SHEET - CONTINUED for the Year Ended 31st January 2023

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31[st] January 2023.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31[st] January 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Trustees on 21[st] June 2023 and were signed on its behalf by:

............................................. Mr A Benham

30-10-2023

.............................................

Page 10

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31[st] January 2023

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - 2% on cost

Plant and machinery etc - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Donations and Other Income

Donations and other income are credited to the accounts on a receipts basis. When donors specify donations are for a particular restricted purpose the income is included as restricted funds income.

Page 11

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31st January 2023

2. VOLUNTARY INCOME

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023
2. VOLUNTARY INCOME		 NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023
2. VOLUNTARY INCOME		 NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023
2. VOLUNTARY INCOME		 NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023
2. VOLUNTARY INCOME
2023
2022
£
£
Associated Churches & Organisations
25,055
31,152
Individual – Donations
27,724
40,898
Gift Aid
3,696
5,101
Council and Other Income
0
1,241
56,025
78,392
Associated Churches & Organisations
Individual – Donations
Gift Aid
Council and Other Income		 2023
£
25,055
27,724
3,696
0
56,025		 2022
£
31,152
40,898
5,101
1,241
78,392

3. INVESTMENT INCOME

Bank Interest 2023
£
0
0		 2022
£
0
0

4. NET INCOMING/(OUTGOING) RESOURCES

Net resources are stated after charging/(crediting):

4. NET INCOMING/(OUTGOING) RESOURCES
Net resourcesare statedaftercharging/(crediting):		 4. NET INCOMING/(OUTGOING) RESOURCES
Net resourcesare statedaftercharging/(crediting):		 4. NET INCOMING/(OUTGOING) RESOURCES
Net resourcesare statedaftercharging/(crediting):
Depreciation – owned assets 2023
£
3,278		 2022
£
3,278
5. TRUSTEES’ REMUNERATION AND BENEFITS
Trustees’ remuneration or other benefits
Trustees’ expenses
Total:		 2023
£
0
0		 2022
£
0
0

6. TANGIBLE FIXED ASSETS

Land and
Buildings
Plant &
Machinery etc
COST
At 1st February 2022
163,929
Additions
At 31st January 2023
163,929
DEPRECIATION
At 1st February 2022
59,300
Charge for year
3,278
At 31st January 2023
65,578
NET BOOK VALUE
At 31st January 2023
101,351
At 31st January2022
104,629		 Freehold
Property
£
163,929
163,929
59,300
3,278
65,578
101,351
104,629

Page 12

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the Year Ended 31[st] January 2023

7. PREPAYMENTS AND ACCRUED INCOME

Prepayments 2023
£
3,696		 2022
£
11,015
8. MOVEMENT IN FUNDS
At 1st
February
2022		 Net
movements in
funds		 Transfers
between
funds		 At 31st
January
2023
£ £ £ £
Capital funds – Unrestricted 0 0
Capital funds – Restricted 104,629 (3,278) 101,351
Unrestricted fund 29,925 8,059 (3,828) 34,156
Restricted funds 25,358 (5,329) 2,922 22,951
TOTAL FUNDS 159,912 (548) (906) 158,458
Net movement in funds, included in the above are as follows:
Incoming
resources		 Outgoing
resources		 Movement
in funds
£ £ £
Capital funds (3,278) (3,278)
Unrestricted funds 10,733 (2,674) 8,059
Restricted funds 45,271 (50,600) (5,329)
TOTAL FUNDS 56,004 (56,552) (548)

Page 13

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st January 2023

INCOMING RESOURCES
Voluntary income
Associated Churches and Organisations
Individual – Donations
Gift Aid
Council and Other Income
Investment income
Bank interest
Total incoming resources
RESOURCES EXPENDED
Other resources expended
Missions Overseas
Missions in Great Britain
Freehold property
Computer equipment
Support costs
Management
Administration
Bank Charges
Trustees Expenses 5
Council Costs
Total resources expended
Net income/(expenditure)		 2023
£
25,055
27,253
3,696
0
56,004
0
56,004
18,229
32,596
3,278
0
54,103
2,449

190
2,449
56,552
(548)		 2022
£
31,152
40,898
5,101
1,241
78,392
0
78,392
26,960
31,180
3,278
0
61,418
7,090
0
190
7,280
68,698
9,694

Page 14

Signature Certificate

Reference number: V85L9-UNTM9-ANYE8-5WUY9

Signer

Timestamp

Signature

Anthony Benham

Email: treasurer@cmalliance.org.uk

Sent: Viewed: Signed:

Recipient Verification:

✔ Email verified

30 Oct 2023 08:22:37 UTC 30 Oct 2023 08:23:05 UTC 30 Oct 2023 08:23:28 UTC

30 Oct 2023 08:23:05 UTC

IP address: 181.215.25.61 Location: Coventry, United Kingdom

Document completed by all parties on: 30 Oct 2023 08:23:28 UTC

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