Report of the Trustees and Unaudited Financial Statements
For the Year Ended 31* January 2024
For
The Christian and Missionary Alliance
Registered No: 02451392 Registered Charity No. 802990
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Document Ref: YEQJH-EWCBX-JBC56-R5WEQ
Contents of the Financial Statements For the year ending 315t January 2024
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|Report|of the|Trustees|3|to6|
|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|
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Document Ref: YEOJH-EWCBX-JBC56-R5WEQ
Report of the Trustees For the Year Ended 31 January 2024
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 2024.
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 (Resigned Feb-2024) Rev D Turpin Mr A Benham (Resigned as Treasurer 28 September 2024) Rev A Chung (appointed 28 September 2024)
Treasurer Mrs S Sharman (Appointed 28 September 2024)
Company Secretary Mrs C Baraniak 11 Elstead Lane Blackfordby Swadlincote DE11 8AJ
Independent Examiner
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Report of the Trustees - Continued For the Year Ended 31% January 2024
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 or management committee in advance of the AGM. The financial records are reviewed regularly by the Treasurer and in advance of submitting them to the finance or management committee. The accounts are examined by an independent examiner.
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_ Document Ref: YEQUH-EWCBX-IBC56-REW6Q
Report of the Trustees - Continued For the Year Ended 31% January 2024
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.
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Report of the Trustees - Continued For the Year Ended 31* January 2024
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
Authouy Beuhau
Tony Benham Trustee
Date: 07-11-2024
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Independent examiner's report to the trustees of The Christian & Missionary Alliance (GB) (‘the Company’)
| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)}.
| 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.
Yo ditiany
Joel Williams 1 Montrose Avenue Stretford Manchester M32 SLN
09" November 2024
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st January 2024
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|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|2024|2023|
|Funds|Funds|Total|funds|Total|
|Funds|
|Notes|£|£|£|£|
|INCOME|
|Donations|2|12,980|157,900|170,880|52,308|
|Council|&|Other|2,983|27,423|30,406|3,696|
|Investment & Bank|Interest|3|0|0|0|0|
|Total Incoming|resources|15,963|185,323|201,286|56,004|
|EXPENDITURE|
|Overseas|Organisations & Individuals|(120,526)|(120,526)|(18,229)|
|UK|Organisations|&|Individuals|(28,546)|(28,546)|(32,596)|
|(149,072)|(149,072)|(50,825)|
|Other|costs|
|Council|Costs|0|0|0|
|Administration|(5,382)|(5,682)|(2,449)|
|Depreciation|4|0|(3,278)|(3,278)|(3,278)|
|Total|other|costs|(5,382)|(3,278)|(8,960)|(5,727)|
|Total|Expenditure|(5,382)|(152350)|(157,732)|(56,552)|
|Surplus|of Income|for Year|10,581|32,972|43,554|(548)|
|NET INCOMING/(OUTGOING)|
|RESOURCES|before|transfers|
|Gross|transfers|between|funds|8|(4,660)|4,660|(906)|
|Net incoming/(outgoing)|resources|5,921|37,632|43,553|(1,454)|
|RECONCILLIATION|OF|FUNDS|
|Capital|Funds|0|98,073|98,073|101,351|
|Reserves|Brought Forward|34,156|22,951|57,107|55,283|
|Net|incoming|(outgoing)|resources|excl|capital|5,921|40,910|46,831|1,824|
|Carried|Forward|40,077|63,861|103,938|57,107|
|TOTAL|FUNDS CARRIED FORWARD|40,077|161,934|202,011|158,458|
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BALANCE SHEET
for the Year Ended 31st January 2024
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|---|---|---|---|---|---|---|
|Unrestricted|Restricted|2024|2023|
|Funds|Funds|Total|funds|Total|
|Funds|
|FIXED ASSETS|Notes|&£|£|£|£|
|Tangible Assets|6|0|98,073|98,073|101,351|
|CURRENT|ASSETS|
|Prepayments|and accrued income|7|567|436|1,003|3,696|
|Cash|in hand|39,511|63,426|102,937|53,412|
|40,078|63,862|103,940|57,108|
|CREDITORS/DEBTORS|
|Amount|falling|due|within|one|year|
|NET CURRENT ASSETS|40,078|63,862|103,940|57,108|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|
|40,078|161,935|202,013|57,108|
|NET ASSETS|40,078|161,935|202,013|57,108|
|FUNDS|8|
|Capital|funds|98,073|98,073|101,351|
|Unrestricted funds|40,078|40,078|34,157|
|Restricted funds|63,862|63,862|22,951|
|TOTAL FUNDS|40,078|161,935|202,013|158,459|
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Mr A Benham Treasurer
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BALANCE SHEET - CONTINUED for the Year Ended 31st January 2024
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31% January 2024.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31st January 2024 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 4'* October 2024 and were signed on its behalf by:
Authouy Beuhau
<n eeaaaaaae
07-11-2024
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NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31* January 2024
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.
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NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024
2. VOLUNTARY INCOME
| 2. VOLUNTARY INCOMEVOLUNTARY INCOMEINCOME | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| AssociatedChurches&Organisations Individual—Donations |
50,015 121,534 |
25,055 27,724 |
||
| GiftAid | 28,507 | 3,696 | ||
| Counciland OtherIncome | 1,230 | 0 | ||
| 201,286 | 56,025 | |||
| 3. INVESTMENT INCOME | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Bank Interest | 0 | 0 | ||
| 0 | 0 | |||
| 4.NETINCOMING/(OUTGOING)RESOURCES | ||||
| Net resources are stated after charging/(crediting): | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Depreciation—ownedassets | 3,278 | 3,278 | ||
| 5. TRUSTEES’REMUNERATIONANDBENEFITS | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Trustees’ remuneration or other benefits | ||||
| Trustees’ expenses | 0 | 0 | ||
| Total: | 0 | 0 | ||
| 6. TANGIBLE FIXED ASSETS | ||||
| Land and | Plant& | Freehold | ||
| Buildings | Machinery etc | Property | ||
| COST : |
£ | |||
| At IstFebruary2023 | 163,929 | 163,929 | ||
| Additions | ||||
| At 31stJanuary2024 | 163,929 | 163,929 | ||
| DEPRECIATION | ||||
| At IstFebruary2023 Charge foryear |
62,578 3,278 |
59,300 3,278 |
||
| At31stJanuary2024 | 65,856 | 62,578 | ||
| NETBOOKVALUE | ||||
| At 31stJanuary2024 | 98,073 | 101,351 | ||
| At31stJanuary 2023 |
101,351 | 104,629 |
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NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the Year Ended 31% January 2024
7. PREPAYMENTS AND ACCRUED INCOME
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|---|---|---|---|---|---|---|---|---|---|
|2024|2023|
|£|£|
|Prepayments|1,003|3,696|
|8. MOVEMENT|IN|FUNDS|
|At|Ist|Net|Transfers|At 31st|
|February|movements in|between|January|
|2023|funds|funds|2024|
|£|£|£|£|
|Capital funds — Unrestricted|0|0|
|Capital|funds — Restricted|101,351|(3,278)|98,073|
|Unrestricted|fund|34,156|10,581|(4,660)|40,077|
|Restricted|funds|22,951|36,250|4,660|63,861|
|TOTAL FUNDS|158,458|43,553|0|202,011|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Outgoing|Movement|
|resources|resources|in|funds|
|£|£|£|
|Capital funds|(3,278)|(3,278)|
|Unrestricted funds|15,963|(5,382)|10,581|
|Restricted|funds|185,323|(149,072)|36,251|
|TOTAL FUNDS|201,286|(161,010)|43,554|
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DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st January 2024
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|---|---|---|---|---|---|
|2024|2023|
|£|£|
|INCOMING|RESOURCES|
|Voluntary|income|
|Associated|Churches|and Organisations|48,218|25,055|
|Individual — Donations|121,534|27,253|
|Gift Aid|28,508|3,696|
|Council|and|Other Income|3,026|0|
|201,286|56,004|
|Investment|income|
|Bank|interest|0|0|
|Total|incoming|resources|201,286|56,004|
|RESOURCES|EXPENDED|
|Other|resources|expended|
|Missions|Overseas|120,526|18,229|
|Missions|in|Great|Britain|28,546|32,596|
|Freehold|property|3,278|3,278|
|Computer equipment|0|0|
|152,350|54,103|
|Support|costs|
|Management|
|Administration|5,382|2,449|
|Bank|Charges|
|Trustees|Expenses|5|0|
|Council|Costs|
|5,682|2,449|
|Total|resources|expended|157,732|56,552|
|Net income/(expenditure)|43,554|(548)|
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