Registered number: N1602901
Charity number: NIC: 106627
VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the charity, its Trustees and advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-19

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2023
Trustees
Mr Victor Garrelt
Mr Raymond Garrett
Mr Raymond Cotter
Company registered
number
N1602901
Charity registered
number
NIC: 106627
Registered office
Suite 2.06 Custom House
Custom House Square
Belfast
Antrim
BT1 3ET
Chief éxacutiva officer
Mr Victor Garrett
A¢eountants
UHY Hacker Young Fitch
Suite 2.06
Custom House
Custom House Square
Belfast
BT1 3ET
Page 1

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
The Trustees present their annual report together with the financial statements of the Vision International
Ministries for the 1 September 2022 to 31 August 2023. The Annual report serves the purposes of both a
Trustees, report and a directors, report under company law. The Trustees confirm that the Annual report and
financial statements of the charitable company comply with the current statutory requirements, the requirements
of the charitable company's governing document and the provisions of the Statement of Recommended
Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required
of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report)
Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
In selting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the charity commission relating to public benefit.
The advancement of the Christian religion in Malawi and throughout Africa for the benefit of the public through
the following activities;
The provision of a place of worship.,
Raising awareness and understanding of the Christian beliefs and practices.,
Holding church services and public meetings for praise, worship, Bible teaching, prayer and fellowship.
The prevention and relief of poverty for the benefit of the public through the following activities.,
The construction of vocational training centres, feeding stations and orphanages.,
The provision of items to those thought to be in need:
The advancement of education for the benefit of the public through the following activities.,
Constructing schools.,
Providing teachers and trainers to educ8te children and adults in schools,.
Providing activities, education and teaching for children and young people.
b. Activities undèrtaken to achieve objectives
The charity raises funds for achieving its objectives through the sale of donated goods and furnishings in a
charity shop and from renting its owned premises to a charity with similar charitable purposes.
Achievements and performance
a. Main achievements of the charity
The organisation has been concentrating for some time on its projects in Malawi. The Nadazi school project was
completed in 2011. It consists of a full primary school with 1250 children enrolled, including approximately 300
orphans. Teachers, offices, 2 teachers, houses and toilet blocks and borehole etc. Ongoing financial support for
this work is continuing. The charity also sends containers of vital supplies of aid directly to Malawi.
Page 2

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Achievements and performance (continued)
b. Review of activities
Vision International Ministries commenced two Feeding programmes in rural villages each with the 50 most
vulnerable orphans in early 2010. These programmes continue to be fully financed by the charity. Clothing and
medical assistance is provided and in some cases school fees. These are located at Ntakataka and at Bondo
both in the region of Chief Kachindodamoto (Dedza area Central Malawi).
The Emily Garrett project approximately 1 hour away is very isolated and difficult to get to with no other outside
help apart from Vision Ministries. It is also funded completely by Vision International Ministries and under the
care of ELIM Missions Malawi. It includes a Primary School and Community Church, staff house, orphan home,
borehole, toilet block etc. There is also important feeding for children. Ongoing financial support for books and
staff will continue for the foreseeable future. No school fees are charged as this is an area of extreme poverty.
The transport costs in relation to this project have been considerable due to the difficult location.
We have the full support of the Senior Chiefs, local MPS, the Education Minister, Local Authorities and all local
church denominations. Also we are welcome by the Malawi Government Assembly.
Visioncraft (craft section vocational training) is registered in Malawi as an FBO (Faith Based Organisation) and
the sale of crafts has helped set up a computer college where students recently completed their course
including "Young People" school teachers. Some are still studying but most have been helped to find jobs,
mainly in teaching posts.
They also have 2 feeding programmes with over 50 orphans in each which was started approximately 6 years
ago in rural villages. The Trustees receive weekly feeding reports on the activity of the feeding programmes.
This work was undertaken after discussions with the local MP and Senior Chief who both have a heart for the
children and continue to lend their support.
Although Vision International Ministries works in rural areas where poverty and disease is rife they are seeing
lives dramalically changed, especially in regards to children. These people are truly the WARM HEART OF
AFRICA. We want to do something to help them so our mission stalement simply is to "help and encourage
those who are prepared to help themselves and to show them how they c8n do just th8t"
Vision International Ministries welcomes 811 who wish to participate in activities and programmes run by the
charity, which exists to promote the advancement of the Christian religion and provide educational opportunities.
During the year ended 30 April 2016 the charity completed the purchase of new premises in Newtownards. This
has provided a new base for the charitable activities and since 2019 has begun an additional source of incoming
resources from renting parts of the property to other charitable organisations with similar charitable purposes.
During the year in-person visits to the projects in Malawi were able to resume after travel restrictions eased, and
the Trustees continued to provide vital financial aid and shipping aid containers.
Financial review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason. they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the
going concern basis can be found in the accounting policies.
Page 3

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
b. Reserves policy
Vision International Ministries subscribes to a high standard of accountability and stewardship.
The results for the year are set out in the attached financial statements. The results for the year and the
financial position were considered satisfactory by the trustees who expect growth in the foreseeable future.
During the year and at the year end all the general funds under the control of the charity were unrestricted
income funds. The Board confirm that the charity's assets are available and adequate to fulfil the obligations of
the charity and that the funds are not excessive, given the assets, commitments and size of the charity.
c. Principal risks and uncertainties
The Trustees continue to monitor the impact of the Covid-19 pandemic on the ground in Malawi. The Trustees
continue to adhere to all UK goverment restrictions and advice around Covid-19.
Structure, governance and management
a. Constitution
Vision Internalional Ministries is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association on 20th April 2010.
The charity is constituted under a Memorandum of Association dated 27th January 2016 and is a registered
charity with HMRC under number N100170. The charity is registered with the Charity Commission for Northern
Ireland under number NIC 106627.
b. Methods of appolntment or electlon of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Memorandum of Association.
c. Organisational structure and decision-making policies
Vision International Ministries has a Board of three professional people
one minister of religion and two
professionals who function as Directors. This Board is responsible for the setting of policy, decisions on the
annual programme of work, the financial management and supervision of any staff or volunteers appointed to
work on behalf of the charity.
Plans for future periods
It is anticipated that all future developments will continue to focus on the advancement of religion, the relief of
poverty and the advancement of education in Malawi, particularly school projects and feeding projects.
Page 4

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the charity for the purposes of company lawl are responsible for
preparing the Trustees. report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the charity and of its incoming resources and application of resources, including its
income and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charily's transactions and disclose with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements Comply with the Companies Act 2006. 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.
Approved by order of the members of the board of Trustees on 19 June 2024 and signed on their behalf by..
Vi
Mr Victor Garrett
Trustee
Page 5

Hacker Young Fitch
Chartered Accountants
BELFAST
Suite 2.06, Custom House
Custom House Square
Belfast. 8T1 3ET
VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
Phone +44 28 9032 2047
Email belfaslQuhy-uk.com
Web www.uhy-uk.comffjelfast
Independent examiner's report to the Trustees of Vision
International Ministries
I report on the financial statements of the charity for the year ended 31 August
2023 which are set out on pages 7 10 19.
LONDON
222 The Quadrangle
Cambridge Square
London W2 2PJ
Respectlve responslbllltles of charlty Trustees and examlner
Phone +44 20 7305 7489
Web www.uhy-uk.comlwestminster
As the charity's trustees land also the directors of the company for the purpose
of company lawl you are responsible for the preparation of the accounts in accordance
with the requirements of the Companies Act 2006. Having satisfied rnyself that the
charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility
lo..
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.,
follow the procedures laid down in the general Directions given by the Commission under section 6519llbl
of the Charities Act., and
state whether particular matters have Gome to my attention.
Basls of Independent examlnerfs statement
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was
carried out in accordancè with thè g6n6ral Directions given by the Charity Commission for Northern Ireland under
section 6519}Ibl of the Charities Act.
My examination included a review of the accounting records kepi 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 charity trustees concerning any such matters.
My rol6 is to statè whÈth8r any matèrial mattèrs hav8 com8 lo my attèntion giving mè causè to bèlieve..
that accounting records weré not kept in accordance with s6Ction 386 of the Companies Act 2006.,
thal the accounts do not accord with those accounting records.,
that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with
the methods and principles of the Charities Statement of Recommended Practice applicab16 to charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102);
thal there is further information needed for a propér understanding of the accounts lo b6 reached.
Independent examinerfs statement
I have completed my examination and have no concerns in respect of the matters111 to14) listed above and, in
connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters
that require drawing to your altention.
Dated.. 19 June 2024
Michael Fitch
Chartered Accountants Ireland
UHY Hacker Young Fitch
27-29 Gordon Street
Belfast
BT12LG
UHY HackeT y￿ng Fitch Is a trading nan)e of UHY Hacker Younq Fltch Limited
A Iisi of members. rFamesand iheir piolessional quaiilKations Is avaiLab￿ lor Inspecik)Th at the T￿lStered office at ihe at￿)ve addre55
Registeied lo cafry on audit and aulhorised lo cairyon Inve51menl bu51The55 by Ihe In51ilule ol charter￿ Accountan15 In1ieland
IICMI ChaiieTed Accountan15 Iidand 15 the opef3iin9 Daffle ol ICAI
A mprnber ol the UHY Ha(ker YoLJng Gioup DI Indeperbdpnl UK partneI5hip5
A member of UHY Intetnational. a new￿rk of Irwkpendent accounting and con5uhing fittr
HelF'¥ yo￿ prosper
CHARTERED
ACCOVNT*tr4TS
IRELAND

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Donations and legacies
Investments
53,895
32,005
53,895
32,005
68, 895
22, 000
6,515
Other income
Total income
85,900
85,900
97,410
Expenditure on:
Raising funds
Charitable activities
541
93,239
541
93,239
7, 826
119,883
Total expenditure
93,780
93,780
127, 709
Net movament in funds
(7,880)
(7,880)
(30, 299)
Reconcilialion of funds:
Total funds brought forward
Net movement in funds
132,962
{7,880)
132,962
(7,880)
163,267
(30, 299)
Total funds carried forward
125,082
125,082
132,962
The Statement of financi818ctivities includes 811 gains and losses recognised in the year.
The notes on pages 10 to 19 form part of these financi81 statements.
Page 7

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
REGISTERED NUMBER: N1602901
BALANCE SHEET
AS AT 31 AUGUST 2023
2023
2022
Note
Fixed assets
Tangible assets
10
133,053
136, 755
133,053
136, 755
Current assets
Stocks
1,700
1,516
2,596
1,700
4,666
1,277
Debtors
Cash at bank and in hand
5,812
7,643
Creditors.. amounts falling due within one
year
12
(13,783)
(11,436)
Net current liabilities
(7,971)
(3, 793)
Total assets less current liabilities
125,082
132, 962
Nat assèts excluding pansion asset
125,082
132,962
Total net assets
125,082
132, 962
Charity funds
Restricted funds
Unrestricted funds
14
14
125,082
132,962
Total funds
125,082
132,962
The charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members havo nol required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibililies for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 19 June 2024 and signed
on their behalf by..
Page 8

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
BALANCE SHEET (CONTINUED
AS AT 31 AUGUST 2023
VicGr
Mr Victor Garrett
Trustee
The notes on pages 10 to 19 form part of these financial statements.
Page 9

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
General information
Vision International Minstries is a charitable company limited by guarantee, incorporated in Northern
Ireland under registration number N1602901.
The company's registered office is situated at Suite 2.06 Custom House, Custom House Square, Belfast,
BT1 3ET.
The charity's principal objects and activities are noted in the Trustees, Report.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities: Stalemenl of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102} (effective 1 January 2015), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006.
Vision International Ministries meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy.
2.2 Income
All 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.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income is recognised in the period in which it is receivable and can be rel8ibily measured 8nd
to the extent the goods have been provided or on completion of the service.
2.3 Expenditure
Expenditure is recognised once there is s legal or constructive obligation to trsnsfer economic
benefit to a third paty, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the charily to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charitys objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 10

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policies (continued)
2.4 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impairment losses. All costs incurred to bring a tangible fixed asset into its intended working
condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following bases..
Long-term leasehold property
Fixtures and fittings
Office equipment
2 % slraight line
10 % straight line
25 % straight line
2.5 Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of
fixed and variable overheads.
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and In hand
Cash at bank and 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.
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Page11

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policies (continued)
2.9 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 with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Unrestricted
funds
2023
Total
funds
2023
Donations
53,895
53,895
Unrestricted
funds
2022
Total
funds
2022
Donations
68,895
68,895
Investment income
Unrestricted
funds
2023
Total
funds
2023
Local rent received
Interest received
32,000
32,000
32,005
32,005
Page 12

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Investment income (continued)
Unrestricted
funds
2022
Total
funds
2022
Local rent received
22,000
22,000
Other charitable trading income
Total
funds
2023
Unrestricted
funds
2022
Total
funds
2022
Charity donated goods income
6,515
6,515
Analysis of expenditure on charitable activities
Summary by fund type
Unrestrlcted
funds
2023
Total
2023
Advancement of Christian religion and relief of poverty in Malawi
93,239
93,239
Unrestricted
funds
2022
Total
2022
Advancement of Christian religion and relief of poverty in Malawi
119,883
119,883
Page13

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Analysis of expenditure by activities
Activities
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
Advancement of Christian religion and relief of poverty in
Malawi
73,295
19,943
93,238
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Advancement of Christian religion and relief of poverty in
Malawi
98,335
21,548
119,883
Analysls of dlrect costs
Advanclng
Chrlstianity
2023
Total
funds
2023
Feeding project and Christian school funding
Aid containers
63,240
10,055
63,240
10,055
73,295
73,295
Advancing
C17ristianity
2022
Total
funds
2022
Feeding project and Christian school funding
Aid containers
89, 239
9, 096
89,239
9,096
98,335
98,335
Page 14

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Analysis of expenditure by activities {¢ontinued)
Analysis of support costs
Advancing
Christianity
2023
Total
funds
2023
Depreciation
General office costs
4,302
321
4,302
321
Telephone & internet
Bank & credit card charges
Sundry
Premises expenses
Insurances
Accountancy
Travel & Iransport
Governance costs
885
885
351
3,713
33
1,255
623
7,010
1,450
351
3,713
33
1,255
623
7,010
1,450
19,943
19,943
Advancing
Christianity
2022
Total
funds
2022
Depreciation
General office costs
Telephone & internet
Bank & credit card charges
Sundry
Premises expenses
Insurances
3, 702
90
1,203
623
3, 702
90
1,203
623
3, 775
2, 148
2, 236
682
5,379
1,710
3,775
2, 148
2,236
682
5,379
1,710
Accountancy
Travel & transport
Governance costs
21,548
21,548
Page15

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Independent examiner's remuneration
2023
2022
Fees payable to the charitys independent examiner for the independent
examination of the charity's annual accounts
Fees payable to the charitys independent examiner in respect of..
All other services not included above
1,450
1,710
623
682
Trust8es' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).
During the year ended 31 August 2023, no Trustee expenses have been incurred (2022- £NIL).
10. Tangible fixed assets
Long-term
leasehold
property
Motor Fixtures and
vehicles
fittings
Office
equipment
Total
Cost or valuation
At 1 September 2022
156,999
1,500
5,623
11,825
175,947
At 31 August 2023
156,999
1,500
5,623
11,825
175,947
Depreciation
At 1 September 2022
Charge for the year
22,495
3,140
1,500
3,372
562
11,825
39,192
3,702
At 31 August 2023
25,635
1,500
3,934
11,825
42,894
Net book value
At 31 August 2023
131,364
1,689
133,053
At 31 August 2022
134, 504
2,251
136, 755
Page 16

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Debtors
2023
2022
Due within one year
Charity debtors
Other debtors
1,833
2,833
1,516
1,516
4,666
12. Creditors: Amounts falling due withln one year
2023
2022
Trade creditors
Other creditors
Accruals and deferred income
1,574
10,529
1,680
1,781
7,854
1,801
13,783
11,436
13.
Financial instruments
2023
2022
Financial assets
Financi81 assets measured al fair value through income and expenditure
2,596
1,277
Financial assets measured at fsir vslue through income and expenditure comprise b8nk balances and
cash.
Page 17

VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
14. Statement of funds
Statement of funds - current year
Balance at 1
September
2022
Balance at
31 August
2023
Income Expenditure
Unrestricted funds
General Funds - all funds
132,962
85,900
{93,780)
125,082
Statement of funds - prior year
Balance at
1 September
2021
Balance at
31 August
2022
Income Expenditu
Unrestricted funds
General Funds
163,261
97,410
(127, 709)
132,962
15. Summary of funds
Summary of funds - current year
Balance at 1
September
2022
Balance at
31 August
2023
Income Expendlture
General funds
132,962
85,900
{93,780)
125,082
Summary of funds - prlor year
Balance at
I September
2021
Balance at
31 August
2022
Income Expenditure
General funds
t63,261
97,410
(727, T09)
132,962
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VISION INTERNATIONAL MINISTRIES
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
16.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
Other
133,053
5,813
(13,783)
(1)
133,053
5,813
(13,783)
Total
125,082
125,082
Analysis of net assets between funds - prior year
Unrestricted
funds
2022
Total
funds
2022
Tangible fixed assets
Current assets
136, 755
7,643
(11,436)
136, 755
7,643
(11,436)
Creditors due within one year
Total
132,962
132,962
17. Controlling party
The charity is controlled by the Board of Trustees.
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