TRANSFORMING LIVES AND COMMUNITIES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 Company Registration Number: N1603774 Charities Registration Number: NIC103415
TRANSFORMING LIVES AND COMMUNITIES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 CONTENTS Pages Report of the Trustees Indcpendent Examiners Report Statement of Financial Activities (incorporating income and exp¢nditure account) Statement of Financial Position/Balanc¢ Sheet 10 Notes to the financial statements 11- 16
TRANSFORMING LIVES AND COMMUNITIES REPORT OF THE DIRECTORS (INCORPORATING TRUSTEES, REPORD The Directors (who are also the trustees) are plea5¢d to present their annual report togeth¢r with the financial statements of the charity for the year eDding 30 April 2024, which are prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The directors have adopted the provisions of the Companies Act 2006 and Accounting and Reporting by Charities: Staremcnt of Recommended Practice applicable to charities preparing accounts iii accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP- FRS 102), in preparing the annual rcport and financial statements of thc charity. Reference and administrative details Registered charity name: Charity Commission registration number: HMRC charity reference.. Company registration number: Principal office and registered office: Transforn]ing Lives and Communities NIC103415 XT25321 N1603774 340B Craigs Road Rasharkin, Ballymena. BT44 8RG Directors and Trustees of the Company The directors who held office during the year were as follows.. Dr G¢offr¢y Allen Mrs Karen Allen Mr Peter Hutchinson Mrs Sharon Kelly Mr Samuel Phillips Mr Stephen Williamson Mr John Alexander Mcvicker (resigned 6 November 2024) Structure? governance and management The Company is a charity limited by guarantee without share capital which avails of the "Limited" exemption. The company is governed by its Memorandum ]d Articles of Association dated 14 July 2010. In the cvent of the Company being wound up members are required to contribute an amount not exceeding £1. The Board is responsible for the overall governanc¢ of the Company and is actively involvcd in the day to day management of the organisation. Directors are appointed in lin¢ with the Memorandum & Articles of Association of the company. Th¢ Board of Directors are also known as Trustees for the purposes of th¢ Charity Comniission.
TRANSFORMING LIVES AND COMMUNITIES REPORT OF THE DIRECTORS (Continued) Risk management The directors have conducted a review of the major risks to which the charity is exposed. FinancÈal risk is reviewed on a monthly basis having due regard to ongoing income and expenses. Statement of directors, responsibilities The directOTS (who are the trustees of Transforming Lives and Communities) are responsible for preparing the directors, report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare fjnancial statements for each financial year. Under that law the directors have prepared thc fancIal statements in accordance with United Kingdom Generally Accepied Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Company law the directors must not approve the financial statements unless they satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including income and expendilure for that period. In PTeparing these financial statements, the directors are required to: select siiitable accoiinting policies and apply thein consistently. observe the methods and principles in the Charities SORP-FRS 102; make judgements and accounting estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subjcct to any material departures disclosed and explained in the financial statement. and prepare the financial statements on the going concern basis unless it is inappropriate to presumc that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial slatements comply with the Companies Aci 2006. They are also respoiisible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and d¢t¢ction of fraud and other irregularities. In the case of each director in office at the date the Directors, Report is approved.. so far as the director is aware, there is no relevant accounts infom]ation of which the charity's independent examiners are unaware. and they have taken all the steps that they ought to have taken as a director in order to make themselves aware of any relevant accounts infonnation and to establish that the charitable company's independent examiners are aware of that inforn]ation. Objectives and Activities (and how they deliver public benefit) The Coiiipany is a non-profit making entity. The principal activity of Transfonning Lives and Communities is that of a charity which is Tegistered according to the law of Northern Ireland. The objects of the charity are the advancement of Christianity and the relief of poverty and the advancement of health and the saving of lives and relief of persons in need as a result of poverty, famine, war or other disaster, natural or otherwise among people in Mozambique primaiily, but also in any part of the world ("the ar¢a of benefit"), and in particular..
TRANSFORMING LIVES AND COMMUNITIES REPORT OF THE DIRECTORS (continued) Objectives and Aetivities (and hoiv they deliver public benefit) (continued) (a) to train leaders and volunteers who have skills in teaching, building, practical skills or community development so that they may work on projects pronioted by the company in the area of benefit: to PTomote Christianity in the area of benefit by preaching the Word of God. (b) tn setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public bcnefit to ensure that the activities have helped to achieve the charity's PUTposes and provide a benefit to its beneficiaries. Summary of Activities Through strategic partnerships, Transfomiing Lives and Communities (TLC) works to see the transformation of lives and communities in Less EconomicalEy Developed Countries. Our primary goal is to partner with local churches to train and empower leadership to implement sustainable grass roots community development initiatives. In order to facilitate this, we will from time to time partner with other non profit organisations to provide specialist resources and training. Our vision is to develop community development projects that will empower locals without creating dependence. Poverty, lack of education, poor health awareness. lack of clean drinking water, AIDS, disease and illiteracy cripple many communilies. As Christians, we cannot ignore these gripping needs. We believe that local churches can play a central role in bringing about positive change but they arc Iiindcrcd to do so because there is a lack of training and appropriate resources. TLC seeks to hamess the training and resources needed to empower the churches to bring about transforn]ation. Already, we have partn¢Tship relationships with the missionary organisation, OMS and the Evangelical Church of the Living Word in Mozambique. Our organisation has organised and shipped a container from Northern Ireland containing donated desks, chairs & library shelving for use by OUT partners to facilitatc Icadcrship training programmes at Maputo Bible Seminary and Mocuba Training Centre. We have also shipped several Containers from Northcrn Ireland to Mozambique Containing donated wheelchairs and aids, which are used to reach out to via the Helping Hands initiative to disabled and needy people there. We have plans to expand the sphere of influence of TLC to more chuTches/communities across Mozambique and beyond. We dcsire to support church groups and help establish new ones. We will support educational and training programmes through churches, training centres. schools and Bible seiiiinaries. We promote health awareness (HIV awareness, combating malaria etc.) and basi¢ life skills for people to aid their survival. We encourage people/famili¢s to create and live from sustalnable incomes through savings programmes, jricro-enterprise initiatives and skill training. Organisationally, we want to be prepared to provide disaster relief if ever required within areas where we work. In the course of our work we may from tiine to time organize teams to visit the areas where we work to provide specialist support and training e.g. medical. All decisions pertaining to the direction of TLC will b¢ made by the board of Directors. Acquired fimds will be allocated to appTopriatc projects by the board of directors. Funds will be transferred electronically to bank accounts within the countries wherein we work. Only the nominated person with authorisation to administer the funds will have access to the accounts. Financial reports will be prepar¢d annually and reviewed by the board at our Annual General Meeting.
TRANSFORMING LIVES AND COMMUNITIES REPORT OF THE DIRECTORS (continued) Objectives and Activities (and how they deliver public benefit) (continued) Public Benefits The public benefils that flow from the purpose of the advancem¢nt of Christianity are the transforniation in lives and communities. These benefits are demonstrated through teaching, training and empowem]ent of community members and leaders. This purpose is not harniful. The beneficiaries are church members, leaders and students in Mozambique, Mexico and other countries where partnerships are developed. These participants are trained and empowcrcd to go into their cornmunities and bring about transfomiation on a community scale. It is hard to statistically quantify the results but we do witness change in individual lives as they accept Christ and impact their community. There is no private benefit flowing from this purpose. Thc public benefits that flow from the purpose of the prevention or relief of poverty include increased ability of individuals and families to create and live fvom sustainable incomes. These benefits are evidenced through acquisition of skills leading to increased self-sustainability and tlie establishment and maintenance of micro-cnteryrises and centers for the inost Lnargilizalised. Regular reports are made by staff on the ground and visits by directors to the projects. This purpose is not harn]1. The beneficiaries are those in povety in Mozambique, Mexico and other countries where we work in partnership with local churches. The public benefits that flow from the advancement of education are trained and equipped community leaders. These benefits are demonstrated through educational and training programmes in partnership with local churches through training centres, schools and Bibl¢ seminaries with the pUoSe of nllrring holistic knowledge-based developn]ent. A particular emphasis is placed on teaching children to read with the obvious benefit to advance in their general education. This purpose is not harniful. The beneficiaries include community and church leaders, students, adults and children. There is no private benefit flowing from this puOSe. The public benefits that flow from the advancement of health are increased health awareness, independence and support for those most marginalized and their families. These b¢ncfits are evidenced Ihrough regular community health seminars, health awareness and provision and modificatioii of mobility aids. This purpose is not bamful. The beneficiaries are the general public in Mozambique who receive health awareness training, and those with specific health needs that we are able to meet. There is no prtvate benefit flowing from these purposes. The public benefits that flow from the advancement of community development include self-sufficient communities able to feed their families, send their children to school and pay for healthcare. These benefits are evidenced by our support of educational and training programmes through churches, training ¢¢ntres, schools and Bible seminaries with thc purpose of nurturing community transfomiation. We encourage peoplelfamilies to create and live from sustainable incomes through savings programmes, micro-enterprise initiatives and skill training. We seek to empower Christians to be salt and light in their conllnunities, bringing hope through their message and actions (con)munity initiatives and projects). We seek to find practical ways to help those most marginalized from society. A current micro enterprise project, making crafts to sell in Mozambique enables them to send their children to school and provide healthcare for their families. This purpose is not harn11. The beneficiaries are all those who live in the needy communities in the countries in which we work.
TRANSFORMING LIVES AND COMMUNITIES REPORT OF THE DIRECTORS (continued) Objectives and Activities (and how they deliver public benefit) (continued) The trust's purpose of promoting Christianity also has the direct benefit of advancing conflict resolution and r¢concilialion, since Christianity teaches everyone to treat others as they would like to be treated, including those of diffcr¢nt religious b¢liefs and practices. It forbids retaliation and promotes repentance, forgiveness and reconciliation, and teaches all members to treat those who differ with toleration and respect. This purpose is not harmful. The beneficÈaries are communities in Northern Ireland and Mozambique. There is no privatc bcnefit flowing from this purpose. The public benefits that flow from the purpose of the relief of those in need is the transfomation of lives and community through the saving of lives and many in particularly acute circumstances receiving stralegic help. These benefits are evidenced through short tern] aid given, for example, in early 2015 after severe flooding in the cenlral region of Mozambique. This purpose is not haiThful. The beneficiaries are those in need in Mozambique and other countries wherc we work in partnership with local churches. Th¢re is no private benefit flowing from this purpose. Financial review and funds policy During the year the charity received donations of £20,796 (2023.. £43,755). On the expenditure side, expenses totalled £37,991 (2023.. £32,744). At the start of the year the charity held funds of £56,444, so at the year end the charity had funds totalling £39,249 to meet the continuing running costs of the company. These reserves are held to fund future projects in Mozambique as the need aTiSeS. The company plans to continue its activities in the forthcoming years. Funds held as custodian trustee on behalf of others The charity does not hold any ndS on behalf of others. Small companies provision statement This r¢port has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the Board on I I, November 2024 and signed on its behalf by: Mr Samuel Phillips
TRANSFORMING LIVES & COMMUNITIES INDEPENDENT EXAMINIR'S REPORT TO THE TRUSTEES OF TRANSFORMING LIVES AND COMMUNITIFS I report to the trustees oli Iny exain iiiatioii of tli¢ fiiiaiicial statenieiits of Traiisforni iiig l.ives aiid Cominiiiiiti¢s ('tlie cliai'ity,) for tl)c ycar ended 30111 April 2024. Responsibilities and basis of report As tl)e truslccs of tl)c company (aiid also its directors for tlie purposc of company law) you are respoiisible for tlie prep8r4tion of the financial statemcnts iii accord&iJice willi tlie requireineiits of tlie Cliarities Act (Nortliern Iitlaiid) 2008 {the '2008 Act". ) and the companies Act 20Q6 ('Ilie 2006 Act".). You are satisficd tliat the accouiits of tlie coinpany are iiot reqLiired by cliarily or coinpany law to be audited aild liave chosen ii)stead to have an indcpeiideiit examination. Having satisfied niyself tliat tlie accounts of the company are iiot reqiiired to be audited iiiider Part 16 of tlie 2006 Act aiid are eligible for independeiit exain iiiatioii. I repoit iii i-espect of my cxam iiiation of the chai'ity-s financial stateineiits as cai'ried out under Section 65 of the 2008 Aet. Iii Ci¢ rryti)g out Iny examiiiation I liave fol lowed the geiieral Directloiis giveii by tlie Charity Conini issioii for Nortliern Irelaiid ilnder Section 65(9)(b) of tlie 2008 Act. Independent examiner's statement have coinplel¢d Iny exainiiiatioii. I confinn tliat no matters liave come lo my attentioii in coiiii¢ction witli my exain ination giving me caiise to believ¢ tliat in aiiy Inaterial respect: ac¢oLllltingy records were not kept iii respecl of the charity as reqiiired by scction 3 86 of the 2006 Act: or 2. the finaiicial statements do not accoi'd witli tliose records; oi. the finaiicial stateineiits do iiot colliply witli tlie acLoiiiiliiigy reqLiireineiils of sectioii 396 of tlie 2006 Act otlier thali aiiy reqLiirciiient tliat accounts give a 'triie ai)d fair, view wliicli is i)ot a Inatter colis1de as part of ali indepeiident examinatioii. or 4. tlie finaiicial stateinents liave iiot been prepared ii) accordance witli tlie methods and priiiciples of tlie Statement of RccoJniMeiid Practice foi. accouiitingF and i'eportiiigy by cliarities applicable to cliai"ities prepariiig thcii. accouiits iii accordaiice witli tlie Fii)ttiicial Reportiiig Staiidard applicable iii tlie UK and Republic of Irelaiid (FRS 102). l eoi)firiii that there are iio olhcr mattcrs to ivhich yOLir attentioii shoiild be drawii to enable a proper Iinderstaiidiiig¥ of the accoiiiits reaclied. Sharon lamiltoii FCA Iiidependeiit Exaiiii)Icr 1 51 Floor. 11-13 Market Square East Lisbiini BT28 IAE 27 February 2025
TRANSFORMING LIVES AND COMMUNITIES STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Unrestricted Restricted Endowment Funds Funds Funds Total Total 2024 2024 2024 2024 2023 Incoming resources Note Donations received Other income 11,150 246 9,400 20550 246 42,587 1,168 Total income 11,396 9,400 20,796 43,755 Resources expended: Charitable activities 26a91 11,600 37,991 32,744 Total expenditure 26,391 11,600 37,991 32,744 Net movement before transfers (14,995) (2,200) 0 (17,195) I 1,01 i Transfers between funds Net movenjent in funds (14,995) (2,200) 0 (17,195) 11,011 Reconciliation of funds.. Total funds brought forward 44,218 12.226 56,444 45,433 Total funds Carried forward 29,223 10,026 39,249 56,444 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. The notes on pages I I to 16 forn] part of these financial statements
TRANSFORMING LIVES AND COMMUNITIES STATEMENT OF FINANCIAL POSITION I BALANCE SHEET AS AT 30APRIL 2024 COMPANY NUMBER: N1603774 Note 2024 2023 Fixed assets Tangible fixed assets Intangible fixed assets Total fixed assets Current assets Debtors Cash at bank and on hand Total current assets 3,150 36,099 39,249 19,800 36,644 56,444 Creditors - amounts falling due within one year Total creditors Net Current assets 39,249 56,444 Total net assets io 39,249 56,444 Unrestricted funds General funds Total unrestricted funds Restricted funds Endowment funds Total charity funds 29,223 29,223 10,026 44,218 44.218 12,226 12 39,249 56,444 For the year ended 30, April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with scction 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complytng with the requirements of the Act with resp¢ct to accounting records and for the preparation of accounts. The financial statements have been prepared in accordan¢¢ with the provisions applicable to companies subject to th¢ small companies, regime. The financial statements on pages 9 to 16 were approved by the Board of Trustees on i i Ih November 2024 and signed on its behalf by.. Mr Samuel Phillips Director Mr Peter Hutchinson Director Date I Ith November 2024 The notes on pages I I to 16 fonn part of these financial statemeiits io
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 l. Company information The Comparjy is limited by guarantee and is incorporated in Northern Ireland. The address of the registeTed office is 340B Craigs Road, Rasharkin, Ballymena. County Antrim. BT44 8RG. The financial statements were authorised for issue by the Board on I l November 2024. 2. Aeeounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows- Basis of preparatlon The financial statements have been prepared on a going concern basis 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 (FRS 102)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Jreland (FRS 102) and the Companies Act 2006. Th¢ charity nieets the d¢finition of a public benefit Cntity under FRS 102. Assets and liabilities are initially recogniscd at historical cost and transaction value unless otherwise stated in the relevant accounting policy note(s). PreparatRon of accounts on a going eoncern basis The charity generally meets its day to day working capital requirements from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the charity has resources to provide a reasonable expeetalion that it can continue to meet its financial obligations as they fall due for the foreseeable ture. Therefore these financial statements have been prepared on a going conccrn basis. Incoming resources Donations received comprises all cash receivable for the accounting period, including any related tax recoverable under Gift Aid. Resources expended Resources expended are recognised in the period in which they are incurred. Charitable expenditure comprises those costs incued by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indir¢ct nature necessary to support them. li
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 (continued) Accovnting policies (continued) Cash and cash equivalents Cash and cash equivalents includes cash in hand, deposits held at call with banks. other short-tcnn highly liquid investments with original maturities of three months or less and bank overdrafts. Financial instruments The charity only has financial asscts and financial liabilities of a kind that qualify as basic financial instrnments. Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement value. Funds Funds are classified as either unrestricted funds or restricted funds, defined as follows. Unrestricted funds are expendable at the discretÉon of the trnstees in furtherance of the objects of the charity. If parts of the unrestricted funds are eannark¢d at the discretion of the trustees for a particular purpose, they ar¢ designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to apply the fund. Restricted fvnds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objecls of the charity. Endowrnent funds are llds which have been given on the conditiorA that the original capital sum is not reduced, but thc incoine there from is used for the purpose defined in accordance with the objects of the charity. 2. Critical accounting judgements and estimation uneertainty Eslimates and judgments made in the process of preparing the financial statements are continually evaluated and are based on historical experience and other factors, including cxpectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applying the Company's accounting policies or that there are any critical accounting estimates or assumptions which may have a signifjcant risk of causing a material adjustment to carrying amounts of assets and liabiliti¢s within the next financial year. 12
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 (continued) 3. Donations received Unrestricted Restricted Endowment Funds Funds Funds Total Total 2024 2024 2024 2024 2023 Donations Donations - projects 11,150 11,150 9,400 32,939 10,848 9,400 11,150 9,400 20,550 42,587 4. Other income Unrestrieted Restricted Endowment Funds Funds Funds Total Total 2024 2024 2024 2024 2023 Gift Aid Tax R¢fund Other Income 1,168 246 246 246 246 1,168 5. Analysis of Expenditure Unrestricted Restricted Endowment Funds Funds Funds Total Total 2024 2024 2024 2024 2023 Charitable Activities Project resources expended Other expenses 26,195 196 11,600 37,795 196 32,646 98 26,391 11,600 37,991 32,744 13
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 (continued) 6. Taxation The charity is recognised as a charity for the purposes of applicable taxation legislation and is ther¢fore not subject to taxation on its charitable activities. Analysis of st2ff Costs, trustee remuneration and expenses, and tbe cost of key management personnel Employees 2024 2023 Salaries and wages Total The average number of employees during the year, was as follows: 2024 2023 Number Number Directors Management Administration There are no employees in receipt of employee ben¢fIts in excess of £60,000. No directors received any remuneration dwing the year. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. 14
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 (continued) 8. Debtors 2024 2023 Debtors 3,150 19,800 Other debtors Prepayments 3,150 19,800 9. Creditors Amounts Due iyithin l Year 2024 2023 Cr¢ditors and accruals 10. Analysis of Net Assets Unrestricted Unrestricted GeDeraI Designated Restrieted Endowment Total Fixed assets Current assets Current liabilities 29,223 10,026 39,249 Net assets at 30 April 2024 29,223 10,026 39,249 15
TRANSFORMING LIVES AND COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 (continued) I l. Funds of the Company At30 April 2024 Atlmay 2023 Income Expenditure Transfers Endowment funds Restricted funds Wheelchair Project Audio Bibles Training Project Nkateko Sewing 8,000 1,400 (8,000) 4,840 7,200 186 12,226 6,240 3,600 186 10,026 (3,600) 9,400 (11,600) Unrestricted funds General nd 44,218 44,218 11,396 11,396 (26,391) (26,391) 29,223 29,223 Total funds 56,444 20,796 (37,991) 39,249 oses of Restricted Funds -wheelchair Project: This is a fund to be used for the purchase of wheelchairs for distribution. -Audio Bibles: This is a fund to be used for the purchase of audio Bibles for distribution in Mozambique. -Training project.. This is a fund to be used to fund a training project in Mozambique. -Nkateko Sewing Fund: This is a fijnd to be used to purchase sewing machine for the ladies work in Mozambique. 12. Related party transactions No directors received any remuneration during the year. 13. Controlling party During the year Transforn]ing Lives and Communities was under the control of th¢ Trustees (who are also the directors). 16