THE MICAIAH TRUST
TRUSTEES' REPORT
The trustees present their report for the period ended 5th April 2024.
Constitution
The trust was established by Trust Deed on 25[th] March 1990.
Principal activities
The Trust is registered as a charity under the Charities Act 2011. The objects of the Trust are to make donations to such charitable institutions as the trustees in their absolute discretion think fit.
Results for the year
The trustees have continued to distribute the reserves of the trust in accordance with the objects of the trust deed. Grants have been made to support Christian outreach, and those engaged in such activities. The Trust also supports charities involved in alleviating suffering and poverty at home and abroad.
In 2023, the trust was donated an investment property from The Hannah Charitable Trust, a Scottish charity with similar aims to the trust. However, since the property was in need of much investment to bring it up to a marketable state for letting (which the Trust didn’t have), the property was sold, (at a reasonable rate) to the Deo Gloria Trust, (Registered Number 2433305), a charity with similar aims to the Micaiah Trust.
The trustees of the Micaiah Trust meet regularly to prayerfully consider the gifting and support of those charities we seek to help.
Trustees and Key Management Personnel
The names of the persons who were trustees at any time during the year ended 5th April 2023 were as follows:
Mr David Frampton
Mrs Sue Frampton
New trustees may be appointed by the existing trustees. The correspondence address of the trust is Shelbourne, The Drive, Charfield, Wotton-under-Edge, GL12 8HX.
The key management personnel of the trust are the trustees, and they are in charge of directing, controlling, running and operating the trust on a day-to-day basis. All trustees give of their time freely and no trustee received any remuneration.
Policies
The trustees provide public benefit by carrying out the principal activities of the trust, and the trustees have had regard to the Charity Commission's guidance on public benefit when planning their activities for the year.
Risk management
The trustees have considered the risks which the charity may face and are satisfied that adequate contingency plans appropriate to the size of the organisation are in place to lessen the effect of such risks.
THE MICAIAH TRUST
TRUSTEES' REPORT (continued)
Trustees' responsibilities
The Charities Act requires the trustees to prepare in respect of each financial year financial statements which give a true and fair view of the state of affairs of the trust and of its financial activities for that period.
In preparing the financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the activities of the Trust will continue.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
FOR AND ON BEHALF OF THE TRUSTEES
D H Frampton Trustee
31[st] January 2025
Micaiah Trust
Receipts and Payments Account
To 5th April 2024
| Receipts Total Gifts from Taxpayers Income tax recoved Income from Property Sale of Property Payments Grants -- To UK charities 21 Grants to individuals 9 Bank Opening Balance Bank Closing Balance Totals Statement of Assets and Liabilities Investment Property Income tax recoverable Cash at bank Total |
2024 2024 £12,000 £8,298 £12,533 £145,859 £28,872 £19,500 £178,689 £48,372 £11,066 £141,384 £189,756 £189,756 2024 £0 £12,000 £141,384.00 £153,384 |
2023 £12,750 £0 £26,615 £0 £39,365 £12,068 £51,433 2023 £380,000 £8,188 £11,066.00 £399,254 |
2023 £40,367 £0 £40,367 £11,066 £51,433 |
|---|---|---|---|
The trustees have reviewed the above accounts and approved them.
Signed on behalf of the trustees; David Frampton 5th February 2025
Page 1
Independent examiner's report on the accounts
~~Se~~ Section A Independent Examiner’s Report
Report to the trustees/ Charity Name The Micaiah Trust members of On accounts for the year 5[th] April 2024 Charity no 102385 ended (if any) Set out on pages
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2024 .
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have Independent examiner's come to my attention in connection with the examination which gives me statement cause to believe that in, any material respect:
accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Richard Haffenden Date: 5 February 2025 ~~ed~~ Name: Richard Haffenden ~~C—O~~ Relevant professional Chartered Accountant qualification(s) or body (if any): Address: 5 Robin Hood Lane Sutton SM1 2SW
1
October 2018
IER