Company Registration Number: NI637587 |
Charity Number: 107360 |
for the financial year ended |
Rumble.Vision Ltd |
TRUSTEES' AND OTHER INFORMATION |
Trustees | |
Mr Jason James Rutherford (Appointed 13 September 2024) | |
David James McGinty (Appointed 24 January 2024, Resigned 13 September 2024) | |
Charity Number in Northern Ireland | |
Company Registration Number | |
Registered Office | |
Independent Examiner | |
Chartered Accountants | |
14 Longstone Street | |
Lisburn | |
Co Antrim | |
BT28 1TP | |
Principal Bankers | |
PO Box 232 | |
11-16 Donegall Square East | |
Belfast | |
BT1 5UB |
Rumble.Vision Ltd |
TRUSTEES' ANNUAL REPORT |
for the financial year ended 31 December 2023 |
The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 December 2023. |
The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Rumble.Vision Ltd present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 December 2023. |
The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. |
Mission, Objectives and Strategy |
Mission Statement |
RUMbLE was first birthed in September 2011. Our vision and mission remains the same now as it was then: RUMbLE is movement reaching men, connecting them to Jesus and equipping them to live authentically for God. We partner with churches and organisations to lead a local and effective ministry for men. Over the past year we have worked persistently to maintain, enhance and strengthen our partnerships and expand our impact. Our Men's Ministry exists to foster spiritual growth, provide fellowship, and address the unique challenges and opportunities that men face in their lives. At RUMbLE we are passionate to work and partner with churches everywhere through a long-term collaboration, with resources, training and strategy planning, that will see all men, of all ages strive to become the man, husband, and father we have been called to be, and to become authentic men of God. |
Structure, Governance and Management |
Structure |
RUMbLE has considered the objectives of the charity and in particular regards its activities as complying with all guidance on current relevant law and practice in relation to Charities in the UK. The current Trustees are as follows: David Allister Jason Rutherford Rev Gareth Murphy (CEO) The skills and experience of the trustees are carefully considered and each bring a different and complementary perspective. We are grateful to those who have served in this role, in the past. The charity continues to rely on the support of a number of donors including other charities and has extended its donor base to new supporters which has enhanced its financial stability. It continues to build the appropriate level of reserves in its budgeting and has a number of letters of support in relation to its reserves in the event of a need to make payments unexpectedly or outside of budget. The trustees meet at least, four times per annum and speak on a regular basis, individually, with the CEO in relation to accounts, keeping up to date with the work of the ministry and any other matters that need to be decided outside the CEO's mandate and delegated authority. |
Review of Activities, Achievements and Performance |
THE YEAR IN REVIEW At RUMbLE we see changed lives in men every year. We journey with hundreds through loneliness, mental health issues, help for addictions, parenting, marriage, making life count, finishing well, work and relationship struggles. One thing we cant measure is the ripple effect when mens lives are transformed through the truth of knowing Jesus, but everyone around these men are all the better for it. This is some of the key areas, events and projects from 2023: R.WEEKENd Castlewellen is home for R.Weekend every year and it is one of the pivotal events in our calendar. A powerful gathering that brings together men from all walks of life to grow in their faith, strengthen their relationships, and deepen their commitment to personal growth. In 2023 we hosted men from almost a dozen churches. This year again we have had the privilege of being a part of the transformation journey that the men who attended where on, and how the weekend environment played a key role in their lives, alongside fostering authentic connections, facilitating the development of key like-minded male friendships that endure beyond the retreat itself. This year gave us the immense privilege to baptise some men in the lake on site. It was such a blessing to be a significant part of the journey of faith of those men and being in community with them to celebrate their personal growth in Christ. FIGHT CLUB continues to run each Monday online, with men from 7 different nations joining. Our library of proven and tested resources continues to grow and we have begun to develop our own materials. This still expands our reach and allows us to impact lives beyond our immediate community. Through Fight club we aim to connect men and offer a sense of belonging and have a place to engage with other men focused on growing together in their spiritual walk with God. REGULAR JOES our annual conference in November welcomed David Legge (Preach the Word), Andy Lamberton (Legacy), and Roy Crowne (RUMbLE Chair) as we explored the theme, Teach us to pray. Approximately 350 men gathered together to worship and develop their prayer life. It was another incredible and inspiring day with teaching, encouraging stories of mens lives, homes, marriages & families being transformed. Two guys from our weekly Fight Club call flew in from California just to attend the day. It was amazing to see so many ordinary men engage with prayer in a fresh way. We saw one guy come to faith and dozens of reports of God moving in the hearts and lives of the men who attended. In 2024 we look forward to starting a short series conference focus over the next few years as we address masculinity with are title of Act like men. REACHING MEN We continue to engage and communicate the gospel of Jesus to men who would never attend a church, outside a wedding or a funeral. These are men of all ages and backgrounds who connect through a common interest, but then engage in a direct and deliberate journey to faith. In 2023 we sought to develop this more in creating something with the nature of a RUMbLE golf society. This looked like five events over the year with a final 3-day trip to Donegal. We saw Christian men who would never invite their unsaved friend to a church service, bring along 2-5 of their unsaved golf buddies and watched them engage with the gospel of Jesus. We have seen a consistent develop across 2023 with 40-50 men regularly being a part of this as well as a steady growth of more coming to each event, many of whom have not yet made a commitment to faith in Jesus but are open to exploring who he is. This year we also ran our first bike run with over 20 guys heading to the North Coast for a day of bike riding, coffee, food and a gospel message. The CrossFit world has become a new space we are working in with dozens of young men through this engaging with the gospel and our ministry. As a ministry team this keeps us sharp in our overall approach to helping local church mens ministries. Reaching others with the gospel of Jesus is our standing order from our Lord and King until He returns or calls us home. Evangelism to unsaved men is pivotal to us a ministry and we seek to continue to grow and inspire others to do the same. R.NETWORK Its truly been a joy to see our R.NETWORK take shape and begin to help churches and mens groups, across the denominational spread, as we partner with them in finding a mens ministry model that works. Everything we have worked on for over a decade now has positioned us with the necessary skills and experience to help local churches pioneer a local and successful mens work that is centred around discipleship and growing Kingdom men, but is also relentless in its pursuit to reach unsaved men through evangelism. Phil Scott has joined our team as our Network Director to lead this work and is seeing an excellent uptake from churches so far. To date this has come through our Conference last November, and our community of men engaged with our work, who have gone to their church leaders on our behalf and told them about it. EQUIPPING MEN Each year we continue to add to our library, adding resources that will work in engaging with men right where they are and journey with them on the adventure of living authentically for God. These are just a few of the courses and resources we offer: Wild at Heart Fathered by God A Year with Men Bible Study Everyman A Warrior Conquer Series They cover every area of biblical manhood and have proven massively effective in seeing mens lives healed and transformed. We journey with hundreds through loneliness, mental health issues, help for addictions, parenting, marriage, making life count, finishing well, work and relationship struggles. AMBASSADORS One key element in our continued growth has been through men who have engaged directly with us through one of our courses, teaching series, or one of the journey to faith events. The enthusiasm and zeal they show toward our vision and mission is incredible. In turn they have begun to take our vision, resources and methods to men in their own churches, men who are isolated and cut off, men on the fringes and struggling with what life is throwing at them. They see the need and spring into action by starting small group bible studies, or by arranging gatherings that encourage discipleship, brotherhood, accountability and with a vision for reaching other men with the gospel. PARTNERSHIPS In 2023 we began to build partnerships with Legacy Fathers, Naked Truth and Mens Reach. In conclusion, this year has been one of significant progress for our charity. We have successfully implemented numerous initiatives that align with our mission to connect, reach and equip men to live authentic lives for God. This has not been without anticipated ongoing challenges increasing demand for our services with a small team and in a time of limited resources. Looking ahead, we are committed to furthering our impact by strengthening our partnerships, continuing to grow and develop our programs, resources like the R.Network and our two year project Act like Men. We will continue to operate with transparency and accountability, ensuring that every contribution is used effectively to fulfil our mission. We extend our sincere gratitude to everyone who has contributed to our success over the past year. Together, we look forward to another year of growth and positive change. |
Financial Review |
The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail. |
Results and Dividends |
At the end of the financial year the charity has assets of £2,989 (2022 - £14,100) and liabilities of £2,724 (2022 - £6,216). The net assets of the charity have decreased by £(7,619). |
Trustees |
The trustees who served throughout the financial year, except as noted, were as follows: |
Mr Gareth William Murphy (Appointed 13 September 2024) |
Mr Tim Brown (Resigned 13 September 2024) |
Mr Roy Crowne (Resigned 22 March 2024) |
Mr Garry Mahood (Resigned 13 September 2024) |
Rev Mairisine Stanfield (Resigned 13 September 2024) |
Mr David John Allister (Appointed 13 September 2024) |
Mr Jason James Rutherford (Appointed 13 September 2024) |
David James McGinty (Appointed 24 January 2024, Resigned 13 September 2024) |
Compliance with Sector-Wide Legislation and Standards |
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Rumble.Vision Ltd subscribes to and is compliant with the following: |
■ | The Companies Act 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | The Charities SORP (FRS 102) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Public Benefit |
The Trustees have had regard to the public benefit requirement statutory guidance of The Charity Commission for Northern Ireland. |
Approved by the Board of Trustees on |
________________________________ |
Trustee |
________________________________ |
Director |
Rumble.Vision Ltd |
STATEMENT OF TRUSTEES' RESPONSIBILITIES |
for the financial year ended 31 December 2023 |
The trustees, who are also directors of Rumble.Vision Ltd for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. |
Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). 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 company and of the profit or loss of the company for that period. In preparing these financial statements, the trustees are required to: |
■ | select suitable accounting policies and apply them consistently; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | make judgements and estimates that are reasonable and prudent; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards; and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The trustees confirm that they have complied with the above requirements in preparing the financial statements. |
As explained in note 3, state whether the applicable in the UK and Republic of Ireland FRS 102 has been followed; |
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity'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. 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 the Board of Trustees on 26 September 2024 and signed on its behalf by: |
________________________________ |
Trustee |
________________________________ |
Director |
Rumble.Vision Ltd |
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF RUMBLE.VISION LTD |
I have examined the financial statements of the charity for the financial year ended 31 December 2023, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes. |
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the Board of Trustees that I have done so, and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for my work, or for this report. |
Respective responsibilities of trustees and examiner |
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. |
It is my responsibility to: |
■ | examine the financial statements under section 65 of the Charities Act; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | state whether particular matters have come to my attention. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basis of independent examiner's report |
I have examined your charity financial statements as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the 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. |
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect: |
■ | accounting records were not kept in accordance with section 386 of the Companies Act 2006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | the financial statements do not accord with those accounting records | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | the financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 (FRS102) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | there is further information needed for a proper understanding of the accounts to be reached. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Independent examiner's statement |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. |
__________________________________ |
John McCleary FCA |
MCCLEARY & COMPANY LTD |
Chartered Accountants |
Garvey Studios |
14 Longstone Street |
Lisburn |
Co Antrim |
BT28 1TP |
Date: |
Rumble.Vision Ltd |
STATEMENT OF FINANCIAL ACTIVITIES |
(Incorporating an Income and Expenditure Account) |
for the financial year ended 31 December 2023 |
Unrestricted | Total | Unrestricted | Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Funds | Funds | Funds | Funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | 2023 | 2022 | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income |
Donations and legacies | 4.1 | 86,425 | 86,425 | 80,528 | 80,528 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other income | 4.2 | 25,757 | 25,757 | 25,307 | 25,307 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Expenditure |
Charitable activities | 5.1 | 119,801 | 119,801 | 108,431 | 108,431 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net income/(expenditure) | (7,619) | (7,619) | (2,596) | (2,596) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transfers between funds | - | - | - | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net movement in funds for the financial year | (7,619) | ( |
( |
(2,596) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of funds: |
Total funds beginning of the year | 14 | 7,884 | 7,884 | 10,480 | 10,480 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total funds at the end of the year | 265 | 265 | 7,884 | 7,884 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The Statement of Financial Activities includes all gains and losses recognised in the financial year. |
All income and expenditure relate to continuing activities. |
Rumble.Vision Ltd |
Company Number: NI637587 |
BALANCE SHEET |
as at |
2023 | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fixed Assets |
Tangible assets | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Current Assets |
Debtors | 11 | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash at bank and in hand | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Creditors: Amounts falling due within one year | 12 | ( |
( |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Current (Liabilities)/Assets | ( |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Assets less Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Funds |
General fund (unrestricted) | 265 | 7,884 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total funds | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard. |
Approved by the Board of Trustees and authorised for issue on |
________________________________ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trustee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
________________________________ |
Director |
Rumble.Vision Ltd |
NOTES TO THE FINANCIAL STATEMENTS |
for the financial year ended 31 December 2023 |
1. | GENERAL INFORMATION | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rumble.Vision Ltd is a company limited by shares incorporated in Northern Ireland. The registered office of the charity is 139 Ravenhill Road, Belfast, Co. Antrim, BT6 8DR which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity. |
2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charitys financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basis of preparation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Statement of compliance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fund accounting | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following are the categories of funds maintained: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Restricted funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Unrestricted funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Unrestricted funds consist of General and Designated funds. ■ General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity. ■ Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund. |
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Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income from charitable activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors. Grants from governments and other co-funders typically include one of the following types of conditions: ■ Performance based conditions: whereby the charity is contractually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as income. ■Time based conditions: whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement. In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement. Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or receivable, whichever is earlier. |
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Expenditure | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Computer Equipment | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fixtures, fittings and equipment | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debtors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash at bank and in hand | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taxation and deferred taxation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No current or deferred taxation arises as the charity has been granted charitable exemption. |
3. | GOING CONCERN | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4. | INCOME | ||||
4.1 | DONATIONS AND LEGACIES | Unrestricted | Restricted | 2023 | 2022 |
Funds | Funds | ||||
£ | £ | £ | £ |
Donations and legacies | 86,425 | - | 86,425 | 80,528 | |
═════════ | ═════════ | ═════════ | ═════════ |
4.2 | OTHER INCOME | Unrestricted | Restricted | 2023 | 2022 |
Funds | Funds | ||||
£ | £ | £ | £ | ||
Other income | 25,757 | - | 25,757 | 25,307 | |
═════════ | ═════════ | ═════════ | ═════════ |
5. | EXPENDITURE |
5.1 | CHARITABLE ACTIVITIES | Direct | Other | Support | 2023 | 2022 |
Costs | Costs | Costs | ||||
£ | £ | £ | £ | £ | ||
Expenditure on charitable activites | 108,241 | - | 11,560 | 119,801 | 108,431 | |
═════════ | ═════════ | ═════════ | ═════════ | ═════════ |
5.2 | SUPPORT COSTS | Charitable | 2023 | 2022 |
Activities | ||||
£ | £ | £ | ||
Support | 11,560 | 11,560 | 6,411 | |
═════════ | ═════════ | ═════════ |
6. | ANALYSIS OF SUPPORT COSTS | ||
2023 | 2022 | ||
£ | £ | ||
Support | 11,560 | 6,411 | |
═════════ | ═════════ |
7. | NET INCOME | 2023 | 2022 |
£ | £ | ||
Net Income is stated after charging/(crediting): | |||
Depreciation of tangible assets | |||
═════════ | ═════════ |
8. | INVESTMENT AND OTHER INCOME | 2023 | 2022 |
£ | £ | ||
Resource Sales | 3,576 | 1,466 | |
Sundry income | 22,181 | 23,841 | |
───────── | ───────── | ||
25,757 | 25,307 | ||
═════════ | ═════════ |
9. | EMPLOYEES AND REMUNERATION | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of employees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The average number of persons employed (including executive trustees) during the financial year was as follows: 31.12.23 31.12.22 Management and Administration 3 3 |
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2023 | 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number | Number | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Management and administration | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The staff costs (inclusive of trustees' salaries) comprise: | 2023 | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
£ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wages and salaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pension costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No employees received emoluments in excess of £60,000. |
10. | TANGIBLE FIXED ASSETS | |||
Computer | Fixtures, | Total | ||
Equipment | fittings and | |||
equipment | ||||
£ | £ | £ | ||
Cost | ||||
At 1 January 2023 | ||||
Additions | - | |||
───────── | ───────── | ───────── | ||
At 31 December 2023 | ||||
───────── | ───────── | ───────── | ||
Depreciation | ||||
At 1 January 2023 | ||||
Charge for the financial year | ||||
───────── | ───────── | ───────── | ||
At 31 December 2023 | ||||
───────── | ───────── | ───────── | ||
Net book value | ||||
At 31 December 2023 | ||||
═════════ | ═════════ | ═════════ | ||
At 31 December 2022 | ||||
═════════ | ═════════ | ═════════ |
11. | DEBTORS | 2023 | 2022 |
£ | £ | ||
Other debtors | - | ||
───────── | ───────── | ||
- | |||
═════════ | ═════════ |
12. | CREDITORS | 2023 | 2022 |
Amounts falling due within one year | £ | £ | |
Taxation and social security costs | |||
Other creditors | |||
Accruals and deferred income | |||
───────── | ───────── | ||
═════════ | ═════════ |
13. | RESERVES | |||
Funds | Total | |||
£ | £ | £ | ||
Deficit for the financial year | (7,619) | - | (7,619) | |
───────── | ───────── | ───────── | ||
At the end of the year | (7,619) | 7,884 | 265 | |
═════════ | ═════════ | ═════════ |
14. | FUNDS | ||
14.1 | RECONCILIATION OF MOVEMENT IN FUNDS | Unrestricted | Total |
Funds | Funds | ||
£ | £ | ||
At 1 January 2022 | 10,480 | 10,480 | |
Movement during the financial year | (2,596) | (2,596) | |
───────── | ───────── | ||
At 31 December 2022 | 7,884 | 7,884 | |
Movement during the financial year | (7,619) | (7,619) | |
───────── | ───────── | ||
At 31 December 2023 | 265 | 265 | |
═════════ | ═════════ |
14.2 | ANALYSIS OF MOVEMENTS ON FUNDS | |||||
Balance | Income | Expenditure | Transfers | Balance | ||
1 January | between | 31 December | ||||
2023 | funds | 2023 | ||||
£ | £ | £ | £ | £ | ||
Unrestricted funds | ||||||
Unrestricted General | 7,884 | 112,182 | 119,801 | - | 265 | |
───────── | ───────── | ───────── | ───────── | ───────── | ||
Total funds | 7,884 | 112,182 | 119,801 | - | 265 | |
═════════ | ═════════ | ═════════ | ═════════ | ═════════ |
14.3 | ANALYSIS OF NET ASSETS BY FUND | ||||
Fixed | Current | Current | Total | ||
assets | assets | liabilities | |||
- charity use | |||||
£ | £ | £ | £ | ||
Unrestricted general funds | 2,002 | 987 | (2,724) | 265 | |
───────── | ───────── | ───────── | ───────── | ||
2,002 | 987 | (2,724) | 265 | ||
═════════ | ═════════ | ═════════ | ═════════ |
15. | TRUSTEES' REMUNERATION | 2023 | 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
£ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Remuneration including pension contributions | - | 39,140 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- | 39,140 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No mileage expenses were paid to Trustees during the year £6,500 of mileage expenses were paid to Trustees last year. |
16. | RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trustees' remuneration and expenses are detailed in note 15. Last year donations of £430 were received from Trustees during the year, these were included in ambassador giving. |
17. | POST-BALANCE SHEET EVENTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||