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Trustees Report & Financial Statements

For the year ended 31 March 2013

Samaritan's Purse International Limited


Company Registration Number 2462257

CONTENTS

Page Charitable Company Information Trustees Report Report of the Independent Auditors Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Financial Statements 1 2-16 17-18 19 20 21 22-34

CHARITABLE COMPANY INFORMATION

TRUSTEES

Mr J. Barrett Chair Rev Preb R. T. Bewes Mr R. Chilvers Mr J. Gallagher Rev W. F. Graham (USA) Mr A. Lawrence Rev G. Osei-Mensah Mr P. Saber (USA) Mr M. Smith Mr M. Thomas

SECRETARY CHIEF EXECUTIVE OFFICER COMPANY REGISTRATION NUMBER CHARITY REGISTRATION NUMBERS PRINCIPAL ADDRESS & REGISTERED OFFICE

Mrs V. Fafalios Mr S. Barrington 2462257 1001349 and SC039251 Victoria House Victoria Road Buckhurst Hill Essex IG9 5EX Barclays Bank PLC United Kingdom House 7th Floor 180 Oxford Street London W1D 1EA Bates, Wells & Braithwaite 2-6 Cannon Street London EC4M 6YH Mazars LLP The Lexicon Mount Street Manchester M2 5NT

BANKERS

SOLICITORS

AUDITORS

TRUSTEES REPORT The trustees, who act as directors for the purposes of company law, present their report and financial statements for the year ended 31 March 2013, which have been prepared in accordance with Statement of Recommended Practice 2005 Accounting and Reporting by Charities. Constitution The charity is a company limited by guarantee, not having share capital. In the event of winding up, the members may be called upon to contribute the sum of 1 each. Objects and Principal Activities In accordance with the Memorandum and Articles of Association, the objects are the advancement of the Christian faith through educational projects and the relief of poverty. Annual Report of Activities Samaritans Purse International Limiteds mission statement sets out who we are and what we are trying to achieve in the long term and globally. It is shared by all of the SP offices across the world. It is: Samaritans Purse is a non-profit, Christian organisation providing church support and emergency relief and development assistance to suffering people around the world. Samaritans Purse is meeting the physical needs of victims of war, famine, natural disaster and disease with the aim of demonstrating Gods love and sharing the Good News of Jesus Christ. The aid and assistance are given by Samaritans Purse without regard to the race, creed, gender, religion or ethnicity of the beneficiaries. In fulfilling this mission statement and contributing to its fulfilment globally, the UK and Ireland office is focusing its resources on a particular approach that complements and contributes to the global effort. Our programmes involve long term development, and Mission activities Operation Christmas Child (OCC), The Greatest Journey (TGJ) and Teams. Our long term development programmes, with their local Church and community based approach, help people break the cycle of poverty and give them hope for a better tomorrow. Our Mission activities (OCC, TGJ and Teams) provide practical tools for Churches to reach out to their communities

Our emergency relief programmes provide desperately needed assistance to victims of natural disaster, war, disease and famine. As we offer food, water and temporary shelter, we meet critical needs and give people a chance to rebuild their lives.

TRUSTEES REPORT continued Strategic Approach In order to achieve our Mission and purpose, our programme work and strategic approach is split into three distinct areas: Emergency Response Sending people as part of Disaster Assistance Response Teams (DART) Sectoral expertise Finances as part of a global response Samaritans Purses strategy in Emergency Response is to build capacity in our ability to respond quickly to emergencies together with a network of SP Offices around the globe. Samaritans Purse UK has developed a DART Team register from which skilled personnel are selected as part of this global response working closely with SP Offices from the USA, Australia and Canada. Long term Development Programmes These long term development programmes are increasingly being focused down to i) being implemented through local Churches who are being empowered to reach out into their communities ii) twelve countries in which we are able to deliver a focused, intentional programme utilising all of our sectoral expertise. Long term development Water and Sanitation programmes Social Protection programmes including HIV and AIDS interventions Child and family support Livelihoods Gifts in kind

Samaritans Purse in the UK is strategically focusing on key areas of sectoral expertise notably Water, Social Protection and livelihoods, and geographically focusing on Eastern Europe, Central Asia and Africa. During 2011/2012 we focused down further in geography to target 12 specific countries over the coming 5 years, with a greater level of intentionality. Mission Activities OCC, TGJ and teams Samaritans Purse is also focused on providing practical tools such as sending Operation Christmas Child shoe boxes and teams to churches and communities as they seek to reach out to their neighbours and delivering a child focussed 12 lesson discipleship programme to children overseas through The Greatest Journey. Goals and Achievements in 2012/2013 During 2008, the Directors approved the results of a significant Strategic Review and set out a new five year business plan with the following objectives and goals. The achievements in 2012/2013 reflect the fifth year of implementation of the strategic plan.

TRUSTEES REPORT continued Strategic Area for development Reposition ourselves in the UK marketplace, establishing the Samaritans Purse brand Specific 5 year goals Increased brand awareness Status In Progress Commentary We continued to grow our engagement with our Church donor base (now over 6,000 Churches) through initiatives such as the Turn on the Tap Campaign and more focus on Church based marketing. Increased PR around our global emergency relief efforts has led to an increase in support for Emergency Relief and more engagement from Churches. In 2012/2013 we launched a Church Contact campaign to further solidify our presence in local Churches in the UK. In 2013/2014 we will launch a new campaign called Raising Families to further establish Church relationships. 2012/2013 saw the start of implementation of our first Institutional Funding grant as part of DfIDs GPAF programme. This programme which started on 1 April 2012 is implementing a Maternal Child Health Programme in Karamoja District of Northern Uganda. Operation Christmas Child cash income fell in 2012/2013 by 11%, however overall cash donation and grant income grew on 2011/2012 reflecting a switch in giving to Emergency Relief and Long term development programmes. Percentage of cash income from Operation Christmas Child fell to 60% of overall income in the year (65% in 2011/2012). In 2012, we partnered with Jesus House, the largest Church in the UK, to deliver 8,000 Shoeboxes to Liberia. The Pilot programme in Swaziland has proved very successful with over 80 Churches mobilised in an integrated approach. We are now rolling out the programme to 640 Churches across 2012-2015. The Pilot programme in Rwanda has also proved successful with over 60 Churches mobilised. We are now rolling out the programme across 550 Churches in partnership with the Anglican Church of Rwanda across 2013-2016. Pilots in Central Asia are also gaining momentum.
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Diversify our fundraising, building on the success of Operation Christmas Child, but broadening out into other campaigns and into new markets including youth, black churches, trusts, major donors and institutional funding

Grow Major donor funding programme Grow Trusts funding programme Grow Institutional donor funding programme

In Progress

Focus our overseas work on fewer countries and fewer types of interventions and implement an integrated approach in every country in which we work

Countries focused down to 12 An integrated programme running in all 12 countries

In Progress

Integrated programmes are now being rolled out across 12 countries (9 in 2011/2012). Partner with UK Churches in Establish Church a way that recognises the Contact Programme unique contribution that Samaritans Purse can make, the interdependency of our work and the great potential of collaborating and partnering together with Churches around the world Strengthen the leadership, organisation and delivery capability of the organisation, building on the current strengths and skills Build Church Relationships Team Build Communications and Marketing Team Strengthen middle management capabilities Strengthen board and governance In progress In 2011/2012 we refocused this activity on establishing Church Contacts and a Church Contact programme to establish a better funnel of relationships in which to partner with Churches. Overall we are in relationship with in excess of 6,000 Churches.

In progress

We have trained all of our regional staff in Church relationships and High Impact Volunteering a strategic approach to supporting, equipping and enabling our key volunteers who contribute so much to the organisation. We have appointed a Church Relationships Manager to drive our strategic approach to engaging with Churches. A new Operational Management Team has been formed and investment has commenced in their development through a Joshua Development Programme. The Board committees for Governance, Finance and Audit, HR and Grants are working effectively and well. The Grants Committee has become the Overseas Strategy and Grants Committee.

During the 12 month period there were net outgoing resources of 466,443 (2011/12: 216,853). In 2012/13 151,883 (2011/12: 176,152) was utilised to fund grants made to partners for Social Protection programmes and 207,575 (2011/12: 184,972) was used to fund Water programmes. 107,203 was brought forward from already available restricted funds to fund Emergency Programmes in Sudan, Niger, Uganda, Philippines and Mozambique and 12,465 for continuing Emergency response in Haiti.

TRUSTEES REPORT continued The key achievements against our Strategic Focus areas are as follows: Emergency Response During 2012/2013 Samaritans Purse has continued to build its capability to respond to disasters and emergencies around the world. Disaster Assistance Response Team (DART) members from the UK were sent in response to the typhoon in the Philippines, while financial support was provided in response to flooding in Uganda and Mozambique, Cholera outbreak in Niger and refugee crisis in South Sudan. Grants totalling 107,203 were provided as life-saving and suffering-alleviating assistance to victims of these disasters, as follows:
Series1, Series1, Series1 SPUK D+E Funding 2012/13 Uganda, Mozambiqu , Niger, 4373, 4% e, 6803, 6% 9866, 9% Series1, Mozambique Philippines, Niger 6340, 6% Philippines Series1, South Sudan, 79820, 75% South Sudan Uganda

Following on from the Haiti Earthquake in January 2010 and the subsequent Womens Community Support Programme in 2011/12, a gender-based violence prevention project is being implemented through local churches, teaching 300 women life and business skills for them to be able to protect and sustain themselves on a long-term basis. Consignments of Gifts in Kind were shipped to Belarus and Liberia, benefiting the on-going work of the churches with needy communities in these countries. This included school supplies sent via the SP office in Liberia. International Development Samaritans Purses grant-making policy is to fund sympathetic projects operated by charities with similar aims in order to meet critical needs of victims of war, poverty, famine, disease and natural disaster while sharing the good news of Jesus Christ. In accordance with this policy, payments have been made during the year to organisations that act as partners to the charity and carry out development work in Belarus, Haiti, Kenya, Liberia, Niger, Rwanda, Swaziland, Uganda and Kyrgyzstan. Development grant payments made as a result of approved proposals by the Overseas Strategy and Grants Committee (excluding institutional funding and Disaster + Emergency grants) totalled 627,134.

TRUSTEES REPORT continued

Series1, Series1, SPUK Dev. Grants 2012, OVC / Other, WaSH by Sector Healthy 27,908 , Families 5% , Series1, 359,0 WaSH, OVC / 240,137 Healthy , 38% Families Other

Series Series1, SPUK Dev. Grants 2012/13, Eastern 1, Eastern & by Region Europe Other, Europe Central Asia 12,46 & WestCentral & 5 , 2% Central Asia, Africa Series1, Series1, East and East West & Southern and Central Africa Souther Africa, n 183,53 Other Africa 8 , 30%

Samaritans Purse funded water, sanitation and hygiene (WaSH) projects in Liberia, Niger, Swaziland and Uganda. These projects provided access to safe drinking water and health, hygiene and sanitation education to approximately 3,000 families. This included the provision, construction and/or repair of 291 water filters, 7 boreholes/hand-pumps and 1,261 latrines for vulnerable families. Through our Child and Family Support projects in Kenya, Romania and Uganda, 565 families are being supported by local churches in healthcare, education, shelter and livelihoods, enabling them to build a better future for themselves and their children. In addition, the Child Reintegration projects implemented in Kenya and Uganda have seen 165 children transition out of unsustainable institutional care and back into a loving and secure family environment. Church mobilisation has been the hallmark of Samaritans Purse development work overseas for a number of years, and this year Samaritans Purse funded projects strengthening local churches in Belarus, Kenya, Kyrgyzstan, Swaziland and Uganda. Over 800 churches were equipped with the tools to outreach their community in practical demonstration and proclamation of Gods love. As a result, nearly 7,000 vulnerable families were cared for and supported by local churches, tackling issues like basic HIV/AIDS awareness, childrens educational support, home -based healthcare, child nutrition and start-up business capital so that they are able to not only meet their daily needs but start saving for their future. Operation Christmas Child Operation Christmas Child remains our largest programme. In 2012/2013 there was a decrease in shoe boxes to 984,089 (a decrease of 10% on 2011/2012) due primarily to the economic situation in the UK. The boxes were collected by over 4,400 Churches of all major denominations, and over 4,730 schools from infants to university, and handled through 161 export and satellite processing centres, 1,579 drop off points and 2,551 registered volunteers. After processing they were distributed via 109 loads (79 Lorries and 30 Containers) to 15 countries in Europe, the Former Soviet Union and Africa and to Haiti.

TRUSTEES REPORT continued COUNTRY Azerbaijan Haiti Kenya Kyrgyzstan Liberia Swaziland Uganda Zimbabwe Shoeboxes 7,058 7,426 15,935 57,600 61,161 79,193 7,455 8,130 COUNTRY Belarus Bosnia Kosova Montenegro Romania Serbia Ukraine TOTAL Shoeboxes 214,640 90,598 29,890 20,462 150,065 100,023 134,453 984,089

The story does not stop there. In each of the countries in which shoe boxes are distributed we work to develop, train and equip a volunteer team of nationals to collect, transport and distribute the boxes in their own countries. Each year these churches and local leaders are invited to submit lists of needy children in their areas. The list is then matched against the number of shoe boxes available and decisions are taken locally. The shoe boxes are then delivered to each district and the local churches and local leaders must account for every box. One aim each year is to send boxes to children in villages where they have never had shoe boxes before and may not have ever had Christmas presents in all their young lives. Operation Christmas Child highlights OCC was featured during the National Day of Prayer held at Wembley stadium on Sept 29th 2012, attended by 32,000 people who joined in prayers for OCC. Jesus House church in Brent Cross, London, collected and packed a whole containers worth of shoeboxes (8,000 boxes) in their very first year of involvement in OCC. A Multi-nation conference on The Greatest Journey was held in Montenegro in June 2012 at which five Balkans countries were represented. Romania, Serbia, Montenegro, Belarus and Swaziland all received training for The Greatest Journey programme management and teacher training to support their first year of implementation. OCC affirmed a partnership with The Entertainer chain of stores by presenting the OCC ministry at their Assistant Branch Managers conference. OCC received a boost from the support and active participation of a group of Members of Parliament, thanks to the active collaboration of the director of the Conservative Christian Fellowship. Scottish Members of Parliament commended the work of OCC and the contribution of volunteers in West Dunbartonshire in a motion tabled in the Scottish Parliament. OCC Facebook fans grew to 39,000. The online Shoebox World campaign generated 6,015 shoeboxes and over 100,000 of gross income.

The value of the Gifts in Kind for the programme was 14.8m (2011/2012 17m), with each box being attributed an average value of 15.14. The cash expenditure on Operation Christmas Child was 2,347,020 or 2.38 per box. This is broken down, on a per box basis as:

TRUSTEES REPORT continued Marketing Operational Programmes Support Costs 28% - 67p per box 62% - 1.47 per box 10% 24p per box - Marketing and Communications - Transport, Warehousing and Fulfilment - Finance, Supporter Care, HR, IT

In accordance with the Shoebox Appeal literature, surplus income was transferred to fund other activities of the charity. The Greatest Journey In 2011/2012 we launched The Greatest Journey as a follow on evangelism and discipleship programme to Operation Christmas Child. We raised 40,000 to fund the implementation of this 12 lesson programme in the countries to which the UK sends shoebox gifts. During the year The Greatest Journey was launched in Liberia and in Mozambique. Church partners in both these countries were hugely enthusiastic about the materials and the impact on children. SPUK also trained members of the childrens ministry department of Samaritans Purse Liberia who are integrating TGJ into their Vacation Bible School programme. In total, during the year 2,275 children were taken through the Greatest Journey (950 (NLT Liberia), 435 (SP Liberia), 890 (Mozambique). A multi-nation conference focusing on The Greatest Journey was held in Montenegro in June 2012 for five shoebox-receiving countries: Romania, Bosnia-Herzegovina, Serbia, Kosova and Montenegro. This conference paved the way for launching The Greatest Journey in Romania, Serbia and Montenegro during the 2012-13 OCC season. Specific TGJ teacher training events were held in Belarus, Romania, and Serbia (serving also Montenegro) in October and November 2012, and in Kyrgyzstan in January 2013. Materials for The Greatest Journey have been translated into Romanian, Serbian and Montenegrin. A Russian version of The Discover Workbook (a modified version of The Greatest Journey without using Sam the OCC Shoebox figure) was produced for use in Belarus, Kyrgyzstan and other sensitive countries. In-country printing was organised for Belarus, Serbia and Montenegro. The Romanian version was printed in Germany and shipped to Romania. Following the 2012-13 OCC season, The Greatest Journey classes have begun for the first time in Belarus, Romania, Serbia, Kyrgyzstan and Swaziland. Classes have run for the second year in Liberia. In Montenegro children were invited to classes, but did not come, so we continue to pray for the spiritual condition of this country, that classes could begin next year.

TRUSTEES REPORT continued Teams Samaritans Purse ran 12 teams during 2012/2013. 105 people took part. These comprised: Six Operation Christmas Child distribution programmes to Belarus (2), Montenegro, Bosnia, Serbia and Kyrgyzstan. These teams were an encouragement to our partners, they gave out thousands of shoe boxes and inspired and motivated our volunteers to continue with the programme in their churches, schools back home. One lads youth team to Uganda where they visited and got involved with SP programmes, as well as getting an opportunity to play football in one of the stadiums against a local team. One Church Discovery Team to Belarus. Two Discovery Teams to Swaziland to visit and support the Church Mobilization programme. A Turn on the Tap/ OCC Discovery Team that worked and lived alongside communities in Liberia as well as giving out shoe boxes. Our First Charity Challenge Team who visited a child reintegration programme in Kibera Slums, Kenya to inspire them before they went on to climb Mount Kilimanjaro to raise money for the project.

Organisation Development and Support Samaritans Purse is having to adapt to a demanding set of economic circumstances, and in order to grow in this environment our organisation is changing as well. Finance and Administration Incoming resources for the 12 month period amounted to 19,029,029 (2011/12: 21,361,311), whilst resources expended totalled 19,495,472 (2011/12: 21,578,164). The net outgoing resources of the charity amounted to 466,443 (2011/12: 216,853). The charity was able to expend 18,488,181 (2010/11: 20,443,803) on its charitable activities. The Balance Sheet shows total funds of 2,582,828 (2011/12: 3,049,271), comprising restricted funds of 354,296 (2011/12: 380,295) and unrestricted funds of 2,228,532 (2011/12: 2,668,976). The financial statements set out on pages 19 to 34 show the state of the charitys financial position at 31 March 2013. Projects and Programmes In 2012/2013, we increased our grants made to partners to 903,703 (2011/2012 752,070). In addition, we spent 198k on our operational programmes in Swaziland, Kyrgystan and Belarus (204k in 2011/12).

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TRUSTEES REPORT continued Fundraising, Marketing and Communications While 2012/13 proved to be another difficult year for fundraising in the UK marketplace, there were clear signs that efforts to diversify our fundraising activity were bearing fruit. We saw a significant downturn in Operation Christmas Child income largely due, we believe to the economy but this was largely compensated for as a result of our donor fundraising efforts, through TOTT/WaSH fundraising campaigns, through our ongoing Trust activity and Institutional Funding (DfID). In 2012/2013 we saw shortfalls against budget for our Church Mobilisation Programme and Social Protection activities and development of a new campaign Raising Families - was kicked off in 2012/13 to address these. During the year further restructuring of our marketing and communications activity was required, to align our resources and all activities to ensure proper focus and attention. The push for the 100 millionth gift-filled shoebox was a strong emphasis for the 2012 Operation Christmas Child campaign which was kicked off, in the presence of Christian media representatives by Franklin Graham in London; the number of Operation Christmas Child Facebook fans grew to over 39,000 during the 2012 campaign. While in 2013/14 we will continue our focus on building up our core donor support base and growing our Church Contact pool, we will also see greater alignment internally, as we move towards donor centricity, and more effective income generation through the roll-out and promotion of a new Raising Families Campaign across the UK church sector. Volunteers The financial statements set out the results for the year but do not reflect the considerable and vital support given to Samaritans Purse, and particularly the Operation Christmas Child project, by volunteers throughout the UK. Their contribution is right at the centre of Samaritans Purse and enables the Operation Christmas Child programme to function effectively. Volunteers undertake many roles, including praying, presenting, driving, running warehouses, enthusing others and acting within their Churches and communities. The volunteer network and the engagement with volunteers is a unique part of Samaritans Purse and the Board are deeply grateful for their dedication, commitment and contribution. During 2012/2013 we grew slightly the number of Registered Volunteers at 2,551 (2012 2,537), through a concerted programme of volunteer recruitment and retention, on which we will continue to focus in 2013/14 through High Impact Volunteering rollout.

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TRUSTEES REPORT continued Trustees The trustees, who act as directors of the company, serving during the year were as follows: Mr J. Barrett - Chair Rev. Preb. R. T. Bewes Mr R. Chilvers Mr P. Copestake Vice Chair (resigned 16.10.12) Mr J. Gallagher Rev W. F. Graham (CEO of SPI-US and President of SPI globally) Mr A. Lawrence Rev G.Osei-Mensah Mr P. Saber (also a director of SPI -US) Mr M. Smith Mr M. Thomas Miss J. S. Wilson (deceased 13.01.13) Trustees are appointed by the members, being the trustees themselves, in accordance with the Articles of Association. Trustees meet at least three times per year as a full board to manage the charities. In addition, the trustees have in place up to four sub-committees. During 2008 the Trustees set up new board sub-committees to cover the areas of Governance, Finance and Audit and a Grants (now Overseas Strategy and Grants) Committee. Training of Trustees Samaritans Purse International endeavours to ensure that all Trustees receive the induction, training and ongoing support they need to carry out their duties effectively. To this end Samaritans Purse International is in the process of introducing a board performance review to highlight areas of the Board where improvements could be made and further training is required. All new trustees go through an induction programme to familiarise them with the organisation, their duties and legal responsibilities. Organisational structure Under the governance of the trustees a management team is responsible for: Relationships and Infrastructure Finance Governance and Human Resources Communications and International Ministry Programmes and Projects

The charity owns the share capital of a trading company, Operation Christmas Child Ltd (OCC Ltd), whose directors are chosen by the Trustees of the charity. The company is dormant. Relationship with other organisations The charity has ongoing working relationships with Samaritans Purse USA (SP-USA) through a signed legal Affiliation Agreement, and they share resources where necessary. The charity also works in cooperation with other Samaritans Purse offices worldwide. The charity shares infrastructure and staff and collaborates on projects with the Billy Graham Evangelistic Association.

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TRUSTEES REPORT continued Policy on reserves During the year the Board of Trustees reviewed the reserves policy. The Board of Trustees has decided to continue to designate the: FIXED ASSETS FUND: this represents the amounts expended, less depreciation, on its plant, equipment and premises. This is calculated as the carrying value of the tangible fixed assets less outstanding mortgage loan. The figure at 31 March 2013 was 1,450,100 (31 March 2012: 1,435,284).

The Board of Trustees considers that the charity should hold reserves in the general fund (total unrestricted funds less fixed assets fund) in a target range of 800,000 - 1,100,000. At the end of the year 778,432 is being held in the general fund. In setting the target range the Board of Trustees has taken into account the funds required to: I. cover the negative cashflow during the year which is primarily attributed to the seasonal nature of Operation Christmas Child, which entails spending considerable sums in advance of the receipt of donations. II. cover any other negative cashflow which relates to general operations. III. meet the developmental opportunities, contingencies and risks, other than those covered by I and II above, which the charity may not be able to meet out of income if and when they arise. Restricted funds represent a number of specific projects for which funds are raised. Where any of these funds were in deficit at the year end, a transfer was made from unrestricted funds. The Operation Christmas Child appeal literature stated that any surplus funds were to be used for the general purposes of Samaritans Purse International Limited. During the year, amounts totalling 332,504 (2011/12 - 347,624) were needed to make a number of projects possible. This transfer is shown in Note 20. Institutional Funding Samaritans Purse secured and started our first major institutional grant with the UK Department for International Development (DfID) this year. Just under 750,000 was committed by the UK government to Samaritans Purse over three years to improve the he alth and nutritional status of 39,975 children under five and 42,565 women in Karamoja, Uganda, through training and equipping 25 health promoters and 2,027 mothers to provide peer education and support. In addition 16,000 men, 600 community health workers and 300 community/religious leaders will be trained to promote behaviours that will support improvements in maternal and child health. After one full year of implementation and a total spend of 304,463 (237,637 UK government funding and 66,826 from SPUK funds), significant milestones are being reached: 83% of infants aged under six months are now being exclusively breast-fed, compared with just 50% at baseline one year ago. 58% of births are now attended by a skilled attendant, compared with just 39% at baseline one year ago. 36% of children aged under two years now receive appropriate complimentary feeding, compared with just 17% at baseline one year ago.
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TRUSTEES REPORT continued


Series1, IF 2012/13 Grant Funding Type Grants, 237,637 , 24% IF Grants

Internal D+E Grants Series1, Internal Developmen t Grants, 627,134 , 65% Internal Series1, Development Grants Internal D+E Grants, 107,202 , 11%

Investment policy The charity invests funds held in excess of its immediate needs to the best possible advantage, at low risk, with the greatest accessibility and rate of interest. Management of risk In common with similar charities, Samaritans Purse International Limited is exposed to risks that could jeopardise the charitable work that it undertakes. The charity seeks to minimise these risks by pursuing policies designed to: Ensure adequate insurance for commercial risks Maintain adequate liquid reserves to cover future funding requirements Control the level of expenditure so as to match resources available Ensure compliance with Health and Safety best practice Ensure compliance with best practice on human resource management Carefully control public relations, data protection and administrative practices During 2012/13, the trustees met regularly through the 12 month period to control and monitor the charitys activities. Connected charities The Billy Graham Evangelistic Association Limited Registered office: Victoria House, Victoria Road, Buckhurst Hill, Essex, IG9 5EX Common directors/trustees: Mr J. Barrett, Rev Preb. R. Bewes, Rev. W. F. Graham, Rev. G. OseiMensah, Mr. M. Smith, Mr R. Chilvers, Mr M. Thomas, Mr A. Lawrence, Mr J. Gallagher, Mr P. Saber This charity shares some resources and manpower and has some common trustees as listed.

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TRUSTEES REPORT continued Strategic Plan The trustees have set out the following Strategic areas for focus and development over the coming years
Strategic Areas for development Reposition ourselves in the UK marketplace, establishing the Samaritans Purse brand Diversify our fundraising, building on the success of Operation Christmas Child, but broadening out into other campaigns and into new markets including youth, black churches, trusts, major donors and institutional funding Focus our overseas work on fewer countries and fewer types of interventions and implement an integrated approach in every country in which we work. Partner with UK Churches in a way that recognises the unique contribution that Samaritans Purse can make, the inter-dependency of our work and the great potential of collaborating and partnering together with Churches around the world Strengthen the leadership, organisation and delivery capability of the organisation, building on the current strengths and skills

Public benefit statement The Trustees have considered the public benefit guidance issued by the Charity Commission together with the supplemental guidance on the application of the public benefit test to charities whose aims include assisting those in need. The Trustees are aware of their legal duty to have regard to the public benefit guidance and to report on this charitys compliance with the public benefit obligation. The activities of the charity are considered to provide public benefit for the following reasons: Our long term development programmes, with their community based approach, help people break the cycle of poverty and give them hope for a better tomorrow. Our Operation Christmas Child, The Greatest Journey and Teams programmes provide practical tools for Churches to reach out to their communities. Through the OCC project each year over a million children are given a gift-filled shoebox regardless of race, creed, gender, religion or ethnicity. Our emergency relief programmes provide desperately needed assistance to victims of natural disaster, war, disease, and famine. As we offer food, water, and temporary shelter, we meet critical needs and give people a chance to rebuild their lives. Our Child and Family Support programme provides financial support for impoverished families in Eastern Europe.

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TRUSTEES REPORT continued Statement of trustees responsibilities Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and resources expended for the period. In preparing those financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently; Make judgements and estimates that are reasonable and prudent; Comply with applicable accounting standards 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 operation. The trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity, and to 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. The trustees also confirm that as far as they are aware there is no relevant audit information of which the charitys auditors are unaware and they have taken all steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charitys auditors are aware of that information. Auditors A resolution to re-appoint Mazars LLP as auditors will be proposed at the forthcoming annual general meeting. Approved by the Board of Trustees on and signed on its behalf by:

Mrs V Fafalios Company Secretary

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INDEPENDENT AUDITORS REPORT TO THE TRUSTEES AND MEMBERS OF SAMARITANS PURSE INTERNATIONAL LIMITED We have audited the financial statements of Samaritans Purse International Limited for the year ended 31 March 2013 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Respective responsibilities of trustees and auditors


As explained more fully in the Trustees Responsibilities Statement set out on page 16, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Boards (APBs) Ethical Standards for Auditors. This report is made solely to the companys members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companys members those matters we are required to state to them in an auditors report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable companys members as a body for our audit work, for this report, or for the opinions we have formed.

Scope of the audit of the financial statements


A description of the scope of an audit of financial statements is provided on the Financial Reporting Council's web-site at www.frc.org.uk/auditscopeukprivate.

Opinion on the financial statements


In our opinion the financial statements: give a true and fair view of the state of the charitable companys affairs as at 31 March 201 3 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006.
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INDEPENDENT AUDITORS REPORT TO THE TRUSTEES AND MEMBERS OF SAMARITANS PURSE INTERNATIONAL LIMITED

Opinion on the other matter prescribed by the Companies Act 2006


In our opinion the information given in the Trustees Report for the financial year for which the financial statements are prepared is consistent with the financial statements.

Matters on which we are required to report by exception


We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion: the charitable company has not kept proper and adequate accounting records or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees directors remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit.

Alastair Smith (Senior Statutory Auditor) for and on behalf of Mazars LLP Chartered Accountants and Statutory Auditor The Lexicon Mount Street Manchester M2 5NT Date Mazars LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

18

STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) For the year ended 31 March 2013
Note Unrestricted Funds Restricted Funds 2013 Total 2012 Total

INCOMING RESOURCES Incoming resources from generated funds Voluntary Income: Cash donations and grants 3 Gifts in kind 4 Investment Income: Bank interest Incoming resources from charitable activities: Other Total Incoming Resources RESOURCES EXPENDED Cost of generating 5 funds 6 Charitable activities: Emergency response Integrated Programmes: Long Term Development Operation Christmas Child Teams The Greatest Journey

3,075,286 14,819,689 1,593

1,099,997 -

4,175,283 14,819,689 1,593

4,319,406 16,998,737 1,882

28,489 17,925,057

3,975 1,103,972

32,464 19,029,029

41,286 21,361,311

962,269 36,987 525,777 16,515,138 33,289 17,111,191 25,372 18,098,832 (173,775) (266,669) (440,444) 2,668,976 2,228,532

19,650 145,643 1,074,461 120,801 36,085 1,376,990 1,396,640 (292,668) 266,669 (25,999) 380,295 354,296

981,919 182,630 1,600,238 16,515,138 154,090 36,085 18,488,181 25,372 19,495,472 (466,443) (466,443) 3,049,271 2,582,828

1,112,924 354,322 1,146,207 18,779,083 127,588 36,603 20,443,803 21,437 21,578,164 (216,853) (216,853) 3,266,124 3,049,271

Governance costs

Total Resources Expended Net (outgoing)/incoming resources before transfers Transfers between funds 20 Net movement in funds Total funds brought forward Total funds carried forward

There are no recognised gains or losses other than those shown in the Statement of Financial Activities. All operations are continuing operations. Movements in funds are disclosed in Note 18.

19

BALANCE SHEET As at 31 March 2013 Company number 2462257 2013 Notes FIXED ASSETS Tangible assets Investments 11 12 1,738,268 2 1,738,270 5,354 260,949 1,355,445 1,621,748 (508,190) 1,113,558 TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: amounts falling due after more than one year NET ASSETS: FUNDS Unrestricted funds - General fund - Designated fund - fixed assets 2,851,828 6,521 223,946 1,619,580 1,850,047 (255,230) 1,594,817 3,346,612 1,751,793 2 1,751,795 2012

CURRENT ASSETS Stock Debtors Cash at bank and in hand

13

CREDITORS: amounts falling due within one year

14

15

(269,000) 2,582,828

(297,341) 3,049,271

19 19

778,432 1,450,100 2,228,532 354,296 2,582,828 and signed on its behalf by

1,233,692 1,435,284 2,668,976 380,295 3,049,271

Restricted funds TOTAL FUNDS

18 & 20

Approved by the Board of Trustees on J Barrett, Chair

20

CASH FLOW STATEMENT For the year ended 31 March 2013


RECONCILIATION OF NET OUTGOING RESOURCES TO NET CASH (OUTFLOW) FROM ACTIVITIES

2013 Net movement in funds Depreciation Interest paid Interest received (Increase)/decrease in debtors/stock Increase in creditors Net cash (outflow) from activities CASH FLOW STATEMENT Net cash inflow from activities Returns on investments and servicing of finance Interest paid Interest received (191,699) (25,633) 1,593 (24,040) (20,055) (20,055) (28,341) (28,341) (264,135) (466,443) 33,580 25,633 (1,593) (35,836) 252,960 (191,699)

2012 (216,853) 30,266 23,797 (1,882) 26,701 58,255 (79,716)

(79,716) (23,797) 1,882 (21,915) (2,815) (2,815) (30,180) (30,180) (134,626)

Capital expenditure Payments to acquire tangible fixed assets

Financing Loan repayments

(DECREASE) IN CASH

RECONCILIATION OF CASH DECREASE TO MOVEMENT IN NET FUNDS 2012 Cash at bank and in hand Bank loan Net funds 1,619,580 (316,509) 1,303,071 Cashflow (264,135) 28,341 (235,794) 2013 1,355,445 (288,168) 1,067,277

21

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 1. ACCOUNTING POLICIES (a) Basic accounting The accounts have been prepared on the going concern basis and in accordance with the following: Applicable accounting standards Companies Act 2006 Statement of Recommended Practice 2005 Accounting and Reporting by Charities Charities Act 2011 Historical cost convention The results of the subsidiary trading company, Operation Christmas Child Ltd, have not been consolidated on the grounds that they are immaterial to the group. (b) Recognition of income Gifts and donations are recognised on a receivable basis. Shoeboxes have been included in income at the average valuation of 15.14 per box and other gifts in kind received valued according to customs declaration. Income tax recovered and interest receivable are accounted for on an accruals basis. Grants are recognised in the financial statements in the year in which they are receivable. (c) Expended resources Cost of generating funds includes direct fundraising and publicity costs, together with 33% of support costs. Charitable activities includes the direct cost of our emergency response, long term development and church and community support programmes along with 67% of non-OCC support costs. Grants include payments made to individuals or institutions, other than goods or services. Operational programmes include the value of goods purchased and distributed, the costs of distribution, project costs other than grants and the direct element of staff costs. Donated goods are the value of shoeboxes and other donated items distributed. Support costs include head office management staff, travel, communication and other overheads, and have been allocated to the various charitable activities of the charity on an actual or usage proportionate basis. Governance includes costs related to fulfilling the legal and statutory reporting obligations of the charity. (d) Recognition of liabilities and commitments Provision is made when a past event results in a present (legal or constructive) obligation to make a transfer of value to a third party, which is likely to occur and the value of which can be reasonably estimated.
22

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued (e) Investments Investments represent the cost price of shares in its unlisted trading subsidiary, Operation Christmas Child Limited. (f) Tangible fixed assets and depreciation Tangible fixed assets are stated at cost, less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its useful life, as follows: Freehold property - cost less value of land, straight line method for 50 years Motor vehicles - 25% straight line method Equipment, fixtures and fittings - 33.3% straight line method The de minimis capitalisation level is 500. (g) Funds Funds are divided into unrestricted general, unrestricted designated and restricted funds. Unrestricted funds are available for use at the discretion of the trustees. They are divided between general funds and designated funds. In accordance with the terms under which shoeboxes and donations are received, surpluses on the shoebox funds at the balance sheet date may be utilised for the general purposes of Samaritans Purse International Limited. Designated funds are amounts set aside for specific purposes as detailed in Note 17. Restricted funds include some 31 separate funds, where application by the trustees is restricted to the activity indicated by the donor. Transfers from unrestricted funds are made where the restricted funds are in deficit and there is no likelihood of any recovery in future. (h) Statement of income and expenditure A separate statement of income and expenditure is required when the Statement of Financial Activities contains items such as unrealised gains which could not normally be recognised in a profit and loss account under the Companies Act 2006. As this is not the case in these accounts, a separate statement of income and expenditure has not been prepared. (i) Foreign currencies Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the Statement of Financial Activities.

23

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued (j) Pensions The pension costs charged in the financial statements represent the contributions payable by the company during the year in accordance with FRS17. (k) Operating leases Rentals payable under operating leases are charged on a straight line basis over the term of the lease. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Stock Closing stock represents stock in hand at the year end and is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

(l)

(m)

2.

NET INCOMING RESOURCES FOR THE PERIOD 2013 This is stated after charging: Depreciation of fixed assets Auditors remuneration - Audit fee - Fees for non audit services Operating leases 33,580 12,450 1,385 6,601 2012 30,266 12,450 1,338 32,185

3.

CASH DONATIONS AND GRANTS


Unrestricted General Shoeboxes Emergency response Cash donations Integrated Programmes Long Term Development Donations Grants OCC - Cash donations Teams - Cash donations The Greatest Journey 493,872 36,037 529,909 529,909 2,545,378 2,545,378 2,545,378 2013 Total 106,827 1,063,450 305,014 2,545,378 117,758 36,856 4,068,456 4,175,283 2012 Total 196,013 1,114,222 39,131 2,854,267 85,833 29,940 4,123,393 4,319,406

Restricted 106,827 569,578 268,977 117,758 36,856 993,169 1,099,996

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NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 4. GIFTS IN KIND
Unrestricted General Shoeboxes Restricted 2013 Total 2012 Total

Long term development Gifts in kind Integrated Programmes Gifts in kind (shoeboxes) 6,373 6,373

14,813,316 14,813,316

6,373

10,476

- 14,813,316 16,988,261 14,819,689 16,998,737

Shoeboxes donated to Operation Christmas Child 2012 have been brought into the accounts at 15.14 each (Operation Christmas Child 2011 - 15.58), on the basis of an average valuation exercise conducted on the instructions of the trustees in November 2012. Other donated items are valued according to customs declarations. Time given freely by volunteers is not quantifiable and has not been accounted for.

5.

COSTS OF GENERATING FUNDS


Unrestricted General Shoeboxes Restricted 2013 Total 2012 Total

Donations Direct fundraising costs Direct staff costs Other Support costs allocated

128,144 148,084 65,958 65,131 407,317 2,106 409,423

33,877 37,741 2,406 6,822 80,846 197,153 219,643 14,000 39,700 470,496 1,504 552,846

10,634 172,655 185,825 9,016 77,380 71,953 19,650 507,813 197,153 219,643 14,000 39,700 470,496 3,610 19,650 981,919

172,406 120,419 135,368 74,509 502,702 308,252 181,119 76,305 41,319 606,995 3,227 1,112,924

Gifts in kind Direct fundraising costs Direct staff costs Other Support costs allocated

Stock purchases

25

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 6. CHARITABLE ACTIVITIES The amounts spent on charitable activities, including support costs as analysed by programme area, are as follows:
Grants funding Operational programmes Donated goods Support Costs 2013 Total 2012 Total

Emergency response Worldwide Integrated Programmes Long term development HIV/Aids, Water and Others Operation Christmas Child Teams The Greatest Journey 119,668

40,293

22,669

182,630

354,322

784,035

626,211

6,373

183,619

1,600,238

1,146,207

Total

784,035 903,703 Note 7

1,460,149 133,688 36,035 2,256,083 2,296,376

14,813,316 14,819,689 14,819,689

241,673 20,402 445,694 468,363 Note 8

16,515,138 154,090 36,035 18,305,501 18,488,131

18,779,083 127,588 36,603 20,089,481 20,443,803

7.

GRANTS PAYABLE
Unrestricted General Shoeboxes Restricted 2013 Total 2012 Total

Emergency response Disaster & Emergency Haiti Earthquake

117,960 62,798 180,758 176,152 100,608 184,972 109,580 571,312 752,070

107,203 107,203 12,465 12,465 119,668 119,668 231,290 231,290 151,883 151,883 98,901 98,901 207,575 207,575 94,386 94,386 784,035 784,035 903,703 903,703

Integrated Programmes DfID Uganda Social Protection Child and family support Water and Sanitation Other

All grants are payable to institutions as opposed to individuals.


26

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 8. SUPPORT COSTS AND GOVERNANCE The support costs of the charity consist of four main cost elements: Staff, office and administration, communications and travel. These costs plus depreciation have been apportioned across the work of the charity on the basis disclosed in Note 1(c) and allocated as set out below:
Office & Admin Basis of apportionment Charitable activities Emergency response Integrated Programmes Long Term Development Operation Christmas Child Teams The Greatest Journey (Work done)
2013 2012

Staff (Staff)

Travel (Actual)

Comms (Usage)

Depreciation (Usage)

Total

Total

7,327 59,344 78,107 6,594 151,372 22,834 13,252 36,086 187,458

12,913 104,597 137,667 11,622 266,799 41,341 22,262 63,603 330,402

766 6,206 8,168 690 15,830 2,453 1,320 3,773 19,603

351 2,841 3,739 315 7,246 1,123 604 1,727 8,973

1,312 10,631 13,992 1,181 27,116 4,202 2,262 6,464 33,580

22,669 183,619 241,673 20,402 468,363 71,953 39,700 111,653 580,016 2013 8,465 16,907 25,372

49,386 164,615 250,710 16,462 4,703 485,876 74,509 41,319 115,828 601,704 2012 7,649 13,788 21,437

Income generation Cash donations and grants Gifts in kind

Total

Governance Board and Trustee expenses Audit

27

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 9. STAFF COSTS AND NUMBERS Staff costs were as follows: 2013 1,253,356 72,560 122,312 74,870 1,523,098 2012 1,108,412 63,063 110,829 66,244 1,348,548

Salaries Temporary staff costs Social Security Pensions

The average number of employees (full time equivalents) during the period was as follows: 2013 No UK project staff UK operations staff Office and management International field staff 8 11 18.5 2 39.5 2012 No 8 13 22 1 44

5 employees were made redundant in the period 2012/13. No employee received emoluments of more than 60,000 per annum in the period (2012: one). 10. TRUSTEES AND RELATED PARTIES None of the trustees received any remuneration during the period, but two (2012 two) were reimbursed expenses totalling 1,298 (2012 - 2,516) to cover the cost of travel. Mr. J. Barrett, Rev. Preb. R. Bewes, Rev. W. F. Graham, Mr. M. Smith, Rev. G. OseiMensah, Mr A. Lawrence, Mr M. Thomas, Mr J. Gallagher, Mr R. Chilvers and Mr P. Saber are directors of The Billy Graham Evangelistic Association Limited. Charges during the period were made in relation to shared costs from SPI to BGEA of 73,430 (2012 99,228). Mr M Thomas is a director and shareholder of MDN Fusion Limited. Charges were made in relation to recruitment by MDN Fusion Limited to SPI of 882 (2012 - 468).

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NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 11. TANGIBLE FIXED ASSETS Freehold Fixtures, fittings Property and equipment COST At 1 April 2012 Additions At 31 March 2013 DEPRECIATION At 1 April 2012 Charge for the period At 31 March 2013 NET BOOK VALUE At 31 March 2013 At 31 March 2012 All assets are held for charitable use. 12. FIXED ASSET INVESTMENTS Fixed asset investments of 2 represent the cost of the entire issued capital of a trading company, Operation Christmas Child Limited (OCC Ltd), registered in England and Wales. For the year ended 31 March 2013 the aggregate amount of capital and reserves was 2 (2012 : 2). 13. DEBTORS 2013 Other debtors Prepayments Value Added Tax recoverable 228,014 5,494 27,441 260,949 2012 166,697 25,057 32,192 223,946 1,953,352 1,953,352 206,741 26,067 232,808 1,720,544 1,746,611 222,546 20,055 242,601 217,364 7,513 224,877 17,724 5,182 Motor vehicles 34,564 34,564 34,564 34,564 Total 2,210,462 20,055 2,230,517 458,669 33,580 492,249 1,738,268 1,751,793

29

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2013 Bank loan Trade creditors Other creditors Social security and taxation Accruals 19,168 173,988 32,001 37,847 245,186 508,190 2012 19,168 129,071 31,925 33,995 41,071 255,230

15.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2013 Bank loan 269,000 2012 297,341

The bank loan is secured by a legal charge over the freehold property. The loan (commenced 2004 originally for 500,000) has a fixed interest rate for the first ten years of 7.05% per annum with an option for a fixed or variable rate for the remaining five years. Included in the above total creditors are amounts repayable by instalments not wholly repayable within five years as follows: 2013 Repayable within five years Repayable after five years 95,848 173,152 269,000 2013 Amounts payable: In one year or less In more than one year but not more than two years In more than two years but not more than five years Repayable after five years 19,168 19,170 57,510 192,320 288,168 2012 95,848 220,661 316,509 2012 19,168 19,170 57,510 220,661 316,509

Analysis of debt maturity:

30

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 16. PENSION COSTS The company operates a defined contribution pension scheme. The assets of the scheme are held separately in an independently administered fund. The pension charge represents contributions payable by the charity to the fund and amounted to 74,870 (2012 - 66,244). 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS Fund balances at 31 March 2013 are represented by:
Unrestricted General Designated

Restricted

Total

Tangible fixed assets Investments Current assets Creditors due in less than one year Creditors due after one year

- 1,738,268 - 1,738,268 2 2 1,267,452 354,296 1,621,748 (489,022) (19,168) (508,190) - (269,000) (269,000) 778,432 1,450,100 354,296 2,582,828

The Charity has designated funds to show the amounts spent on fixed assets. Accordingly funds have been designated as follows: FIXED ASSETS FUND: this represents the amounts expended, less depreciation, on its plant, equipment and premises. This is calculated as the carrying value of the tangible fixed assets less outstanding mortgage loan. The figure at 31 March 2013 was 1,450,100 (2012 - 1,435,284).

31

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 18. ANALYSIS OF MOVEMENT IN FUNDS
Unrestricted Designated

General

Restricted

Total

At 1 April 2012 Incoming resources Expended resources Reallocation between funds Transfer between funds At 31 March 2013 1,233,692 17,925,057 (18,098,832) (266,669) (14,816) 778,432

1,435,284 380,295 3,049,271 - 1,103,972 19,029,029 - (1,396,640)(19,495,472) 266,669 14,816 1,450,100 354,296 2,582,828

The Operation Christmas Child appeal indicated that any surplus funds were to be used for the general purposes of Samaritans Purse International Limited. During the year, amounts totalling 332,504 (2012 - 347,624) were needed to make a number of restricted projects financially viable. 19. MOVEMENT IN UNRESTRICTED FUNDS Opening Balances Fixed assets General reserves 1,435,284 1,233,692 2,668,976 Incoming Outgoing Transfers Resources Resources 14,816 17,925,057 (18,098,832) (281,485) 17,925,057 (18,098,832) (266,669) Closing Balances 1,450,100 778,432 2,228,532

32

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued 20. RESTRICTED FUNDS SUMMARY Opening balances Emergency Disasters & Emergency Haiti Earthquake Incoming Outgoing resources resources Transfer from/to other funds Closing balances

147,616 106,828 129,163 (10,683) 114,598 166,834 20 16,480 (2) 150,372 314,450 106,848 145,643 (10,685) 264,970 15,526 120,862 138,430 22,089 20,047 50,110 277,710 236,370 (25,244) 66,206 87,111 199,772 112,661 95,693 197,906 102,213 237,637 304,463 66,826 120,801 120,801 39,767 36,085 (3,682) 209 17,543 17,170 2,491 3,073 65,845 997,124 1,250,997 277,354 89,326 380,295 1,103,972 1,396,640 266,669 354,296

Integrated Programmes Child and Family Support Clean Water Project Social Protection CMP Projects DFID Teams 13 The Greatest Journey Other 7 projects

Total

Disasters and Emergency fund provides resources needed to respond to natural disasters or emergencies. Haiti Earthquake project will provide funds for setting up programmes to aid in the rebuilding process in Haiti. Child and Family Support funds orphans and poor families, mainly in Eastern Europe. Clean Water Project provides a lifetime of safe drinking water to families in remote areas of the world. This is a significant area of long term focus for the charity and there are a number of major programmes planned. Social Protection finances projects to help prevent the spread of HIV/Aids as well as provide care and support for those affected by the disease. CMP Projects are church mobilisation projects in Swaziland, Kyrgyzstan and Belarus, where churches assist the community to empower themselves to provide means of livelihood and support. DfID this is a Maternal Child Health Project in Uganda funded 75% by the Department for International Development and 25% Samaritans Purse. Teams teams of volunteers go to various countries to visit our projects overseas or to distribute shoeboxes. The Greatest Journey is a discipleship and evangelism programme.
33

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2013 Continued Other Projects comprise funds with relatively modest movements Transfers The Operation Christmas Child appeal indicated that any surplus funds were to be used for the general purposes of Samaritans Purse International Limited. During the period, amounts totalling 332,504 (2012 - 347,624) were needed to make a number of projects financially viable. 65,835 was charged during the period (2012 - 79,112) to restricted funds to cover related costs of administration, management and overheads. 21. OTHER FINANCIAL COMMITMENTS At 31 March 2013 the company was committed to making the following annual payments under non-cancellable operating leases in the year to 31 March 2014: 2013 Land & Buildings Operating leases which expire: Within one year Within two to five years After five years 2012 Land & Buildings

Other

Other

25,584 6,601 6,121 480 6,601 25,584 6,601

22.

INTEREST PAYABLE 2013 Bank loans 25,633 2012 23,797

23.

LIMITED LIABILITY The charity is a company limited by guarantee, not having share capital. In the event of winding up, the trustee members may be called upon to contribute the sum of 1 each.

34