REGISTERED CHARITY NUMBER: 1004457 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR CHRISTADELPHIAN SAMARrrAN FUND
CHRISTADELPHIAN SAfvIARITAN FUND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Pag• Report of tho Trustée$ 1 to 3 Independent Examln•r'$ Report Stat•m•nt of FlnanGlal Actlvltles Balanc• Sh••t Nol•s to the Flnan¢lal Stat•ments 7 to 13
CHRISTAOELPHIAN SAMARITAN FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Tho trustees present their report wlth the financlal statements of the charlty for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reportlng by Charltles: ststement of Recommended Praclice applicable to charitles preparing their accounts In accordance with the Financlal Reporting Standard applicable In the UK and Republic of Ireland (FRS 1021 (effe¢tive 1 January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms The trust was established io make donatlons to charitsbl8 organlsallons and lo relleve persons from outslde the Chrlstadelphian communlty who are In poor or stralt8ned clrcumstanc&s or otheNAse In need. The trust fulfils its objectives through granl making. Publlc b•n•fit Durlng Ihe year the trust fulfilled Its public benefit alms by way of its grants to varlous instilutions from outside the Chrlstadelphian communlty. When plannlng grant rnaklng activities for the year, the Trustaes have consldered the Commlsslon's guldance on public benefit, Volunt••r• The trustees are grateful for the contributlon made by volunte8rs In assi8tlng the Iru81 to cary out its acllvllles. Because of the ijlfficultle8 in quant5fyrfng economic value to the volunleers, time thelr contribution has not been 5nciuded In the statemenl of financial actlvltles. ACHIEVEMENT AND PERFORMANCE The trust has continued to make grants to a range of causes, Including a number of payments to appeal funds set up in response to worldwlde crises, thus fulfllllng its public benefit 8ims. Tho major recipients are d•tailed in note S to the accounts. FINANCIAL REVIEW Flnanclal posftlon The net Incom5ng resources of the unrestrlcted fund for the year amounted to £19,737 and the total fund balance carrled forward at 31 December 2023 is £216,962. Re••N•s poll¢y The res8rv8s held are £216,962. The trustees have reviewed the reserves of the charity. Thls review included an assessment of the probable future levels of incom8 and expendlture and Ihe sSze and nalure of Ihe reserves. Tha r8vi¢w concluded that it was likely that th8re would be greatar demands on the charity in the future and thal the slze of the resarvas woukl enable the trustees to meet these rAlls on the charity. FUTURE PLANS The trustees Intend to carry on providing granls in a manner slmllar to that of recent years. Page 1
CHRISTADELPHIAN SAMARITAN FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT The trust is arb unincorporated trust, constiluted under a trust deed daled 31 July 1991. and is Registemd Charlty number 1004457. The trustees who served durlng the year are shown below. The trustees are appointed by the Board of Trustees. The truslees hold meelings quarterly, vh)ere Ihey agree the trusfs overall strategy and areas of aclivity Such as Investment, grant maklng, reserves and rlsk managemenl. Th8 day-t041ay admlnlstration of grants etc. is ¢arried out by the Treasurer and the Secretary. New Iruslees are provided with an Induction pack which contains key infonnatlon about the charlty. They are also glven information publlshad by the Charlty Commission on the duties and responsSbllltl8s of trusle8s. The trustees have identified the major risks whlch the trust faces and procedures hava been established to manage those risks. REFERENCE AND ADMINISTRATIVE DETAILS Reglslered Charlty numb•r 1004457 Prlnclpal addrass Westhavon House Arfeston Way Sollhull West Mbdland8 890 4LH Trust••¥ D P Ens811 (Trèasurer) J M Bud(ler R Miles E Brlley P Bromage R Deedman (Asslstant Secmtaryl M Halslead (Secreiary) M D Lainster Ind•pond•nt Examlner M Davies FCA Prime Chartered Accountants 161 Newhall Street Bimilngham B31SW Soll¢ltors Shakesp88re Martineau LLP No. 1 Colmore Square Birmingham Bankers Caf Bank Ltd 25 Kings Hill Avenue West Malling Kent ME19 4JQ Barclays Bank PIC Leicester LE87 288 Page 2
CHRISTADELPHIAN SAMARITAN FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 AptKov8d by Ixder of Ihe bwd of trustees on ....2¥IM A.l a02.. and slgnad ¢xb tts bohalf ty. D P ETr88il - TnK8teo Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTADELPHIAN SAMARITAN FUND Indopendent ¢xamln¢rfs report to the trusleos of Chrlsladolphlan Samarltan Fund I report to the charlty trustees on my examination of the accounts of Christadelphian Samarltan Fund (the Trust) for the year ended 31 D8cember 2023. Responslbllltles and basls of report As the charity trust66s of the Trust you are r&sponslble for the preparation of the accounts In accordance wlth the requirements of Ihe Charities Act 2011 ('Ihe Act,). I report in respect of my examination of the Trusfs accounts carried out under Section 145 of the Act and in carrylng out my examinatlon I have followed all applicable Directions gfven by the Charlty Commisslon undor Section 145(5)(b) of the Act. Ind•p•ndent examlnerfs Statoment I have completed my examinatlon. I confirm that no material matters have Come to my attention in connection with the examinatlon giving me cause to believe that in any materlal respect: accountlng records were not kept in respect of the Trust as required by Section 130 of the Acl; or the accounts do not accord wlth those records; or the accounts do not comply wlth the applScabl8 iequlrements concernlng the form and ¢onlent of accounts sel out In the Charth'es {Accounls and Reports) Regulalions 2008 other than any requlrement that the accounts give a true and fair vlew whlch Is not a matter consldered as part of an independent examination. I hav8 no concerns and have come across no other matters in connectlon with the examlnation to whlch attentlon slK)uld be drawn In this report In older to enable a proper underslandlng of the accounts to be reached. M Davles FCA Prlme Chartered Accountants 161 Nevthall Street Blnningham 831SW Date:.... 14.06.2024 Page 4
CHRISTADELPHIAN SAMARITAN FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total funds Unrestrlcted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacles 1 $8,824 28,335 187,159 247,006 Investment income 2,647 2,647 297 Total 161,471 28.335 189,806 247,303 EXPENDITURE ON Raising funds 2,150 2,150 Charltablo •ctlvltl•s Grants Expensas 138,389 29,680 168,069 168,647 1,822 Other 1,161 Total 140.539 29,680 170,219 171,630 NET INCOMEI(EXPENDITURE) Tran$f•r• belwoen fund$ 20,932 11,1951 (1,345) 1,195 19,587 75,673 10 N•t mov•m•nt In funds 19,737 19,587 75,673 RecoNCILIATION OF FUNDS Total funds brought foTrvard 197,225 150 197,375 121,702 TOTAL FUNDS CARRIED FORWARD 216,962 216,962 197,375 The notes form part of thesa financlal statements Page 5
CHRISTADELPHIAN SAMARITAN FUND BALANCE SHEET 31 DECEMBER 2023 2023 Tolal funds 2022 Total funds Unrestricted Restricled fund funds Notes CURRENT ASSETS Debtors Cash at bank 4,472 214,110 4,472 214.110 6,395 192,130 218,582 218,582 198,525 CREDITORS Amounts falling due within one year 11,620) (1,620) (1,150) NET CURRENT ASSETS 216,962 216,962 197,375 TOTAL ASSETS LESS CURRENT UABILITIES 216,962 216,962 197,375 NET ASSETS 216,962 216,962 197,375 FUNDS Unrestricted funds Rastricted funds 10 216,962 197,225 150 TOTAL FUND8 216,962 197,375 The fl anclal ta ments were approved by the Board of Trustees and authorSsed for Issue on 311tY..........dIv..... and were slgned on Its behalf by: D P Enso1- Trust00 The notes fomi part of these financlal statements Pa9e 6
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Basls of preparlng tho flnanclal statsment8 The flnanclal statements of the charlty. whlch Is 8 public benefit entity under FRS 102, have bèen prepared In accordance wlth the Charities SORP (FRS 102) 'Accounting and R8POrting by Charities.. statement of Recommended Practice applicable to charities preparlng iheir accounts in accordance with the Flnancial Reportlng Stsndard applScable in the UK and Republic of Ireland (FRS 102) {effecllve 1 January 2019),, Financlal R8POrting Standard 102 The Flnancial Reporting Standard applicable In the UK and RepublSc of Ireland, and the Charities Acl 2011. The financial statements have been prepared under the hlstorlcal cost conventlon. Incom• All income Is recogni88d In the Statement of Financial Activltles once the charlty has entitlem8nt to the funds, it is probabl& that Ihe income will be received and the amount can be measured rellably, Exp•ndlture Liabllilies are recognlsed as expendlture as soon as there is a lagal or con8tructlv8 ¢)bligation commltting the charity to that expendlture, It Is probable that a transfer of economlc ben8flts wlll be requlred In settlement and th6 amounl of Ihe obllgatlon can be measured reliably. ExpendSture Is accounted for on an accruals basis and has been ¢la$sified under headings thal aggregate all cost relaled to the category. Where costs cannot be directly attrlbuted lo particular headings they have been alkjcaled to activ1t1 on a basls consi8tenl with the use of resources. Grants offered subleci to corKlltlons which have not been met at th6 y8ar end date are noted as a commltment but not accrued as expendlture, Othor expendllure Is included on the accruals basls. Gov•rnan¢e co8t• Governance costs include all eosi$ involving the public accountablllty of the charfty and Its compllan¢e wllh règulaiion and good praclice. These costs Include all costs related to tha independent examiners report and other sundry expandltura Taxatlon The charlty Is exempt from tax on Its charltablo actlvllies. Irrecoverable VAT Is charged to the category of exp8ndlture for wthich It was incurred. Tax recovered from voluntary income recelved under gift ald Is recognised, where materfal. when the rglated income Is re¢eivable arKI Is altocated to the Income category to which the income relates. Fund accountlng Unrestrlcted funds are general funds that are available for uso at the trustees, dlscretion In furtherance of the objectlves of the charlty. Restrlcted funds are those donated for usa In a particular area or for specific purposes, the use of which is reslricted to ihat area or purpose. Voluntoers Because of the dSfflcullies in quantlfylng economic value to the volunteers, lime their contribution ha8 nol been Sncluded in the stat8ment of financlal a¢tlvities. Page 7 continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued FOR THE YEAR ENDED 31 DECEMBER 2023 DONATIONS AND LEGACIES 2023 2022 Ecclesial t)onations Individual Donations Gift aid Legacies 55.614 76,214 17,096 38.235 162,637 36.906 20,578 26,885 187,159 247.006 INVESTMENT INCOME 2023 2022 Deposlt account Interest 2,647 297 CHARITABLE ACTIVFTIES COSTS Grant fundlng of actlvllies (see nole 5) Grants 168,069 Page 8 continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued FOR THE YEAR ENDED 31 DECEMBER 2023 GRANTS PAYABLE The total grants pald to instltutions during the year was as follows: 2023 2022 Adon Ald British Red Cross British Rad Cross - Gaza Morocco Llbya 8rltlsh Red Cross - Moroccan Earthquake Appeal Brillsh Red Cross - Pakislan Brilish Red Cross - Turkey British Red Cross - Ukraine Chlldren of Peace Dlsaster Emergency Commillee - Pakistsn Floods Disaster Emergency Commlttee - Turkeylssts Earthquake Disaster Emergency Committee - Ukraine IRC - Iranlan Relief Magen Davld Adorn Malawi Relief Fund Oxfam Oxfam - East Afrlca Oxfam - Somalia Oxfam - Turkeylsyria Earthquake Rellef International - Iran Save The Children Save The Children - Afghanistan Save The Children - East Afrlca Famine ShelterBox Tnjst Shelterbox Tfusl- Libya Flood Appeal Shelterbox Trust- TurkeylSyTla Earthquake STFC Philanthropy STFC Phll8nthropy - Gaza Israel The Trussell Trust The United Kingdom Commit Unlc8f Unicel- Ukralne Unlcef- Yemen Water Ald Olher 2,000 2,000 450 5,300 173 261 30 1,875 2.000 2,000 8,904 3.415 13,041 1,808 5,000 300 2,000 2.000 10,000 5,000 17,322 2,021 2.000 7,002 800 3.000 3,000 5,700 12,328 2,000 5,000 5,000 2,000 5000 2,000 so 245 200 99.700 88,731 168,069 168.647 Page 9 Continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 SUPPORT COSTS Governanc8 cos18 Flnance Totals Olher tradlng actfvltles 2,116 2,150 Support costs, Included in the above, are as follows: Flnan¢• 2023 Other tradlng activities 2022 Total activities 8ank charges Governance costs 2023 Other tradlng activitie8 2022 Total activities Sundries Independent examlnatlon Legal faes 116 2,000 1,518 1.161 175 2,116 2,852 TftUSTEES' REMUNERATION AND BENEFITS There were no trustees. remunerelion or othor benefit8 for the year ended 31 December 2023 nor for tha year ended 31 December 2022. Tru8tMs' oxpens•s There were rK) trusteo8' expenses pald for the year ended 31 Decemb8r 2023 nor for the year ended 31 December 2022. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other debtors In¢ome Tax Debtor 1.915 4,480 4,472 4,472 6,395 Page 10 continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Accrued expenses 1,620 1.150 10. MOVEMENT IN FUNDS Net movement in funds Tr8nsf8rs between furMIs Al 31.12,23 Al 1.1.23 Unrostrlcted fund• General fund 197,225 20,932 11,195) 216,962 R•strlctad lund• Disasler Emergèncy Commlttee - Pakistan Floods Shelter Chlldren of Peac8 Iran MoroccolLlbyalGaza TurkeylSyri8 Earthquake (60) 1150) 1375) {75) (250) (435) 60 150 375 75 250 435 150 {1,345) 1,195 TOTAL FUNDS 197,375 19,587 216,962 Nel movemant in funds. Included In the above are as follows.. Incomlng resources Resources expended Movement In fund8 Unr•strlct•d funds Ganaral fund 161,471 (140,539 20,932 R•strlcl•d funds Disaster Emergency Commlttee - Paklstan Floods Save The Children - Yemen Crisis Shelter Ukralne Chlldren of Peace Iran Malawi MoroccolLibyalGaza Turf(eylSyrla Earthquake 173 245 {233) 1245) (150) (80) (1,875) (2,021) (3001 (1,4501 {23,3261 (60) (150) 80 1,500 1,946 300 1.200 22,891 (375) (75) {250) {435) 28,335 {29,680) 11,34S) TOTAL FUNDS 189,806 (170,219) 19.587 Page11 continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 10. MOVEMENT IN FUNDS - contlnued Comparatlves for mov•ment In funds Net movemenl in lunds Transfers belween funds At 31.12.22 At 1.1.22 Unr•strlctsd funds General fund 121.702 75.913 (390) 197,225 R•strlctod funds Dl$8Ster Emergency Committee - Pakistan Floods Shelter Ukralna {297) 150 (93) 297 150 93 (240) 390 150 TOTAL FUNDS 121,702 75.673 197,375 C¢mparaiive net movement in funds, Included in the above are 88 follows: Incomlng resources Resources expended Movement In funds Unr••trlct•d funds General fund 227.596 (151,683) 75,913 R••trlct•d funds Disaster Emergency Commlttae - Paklstan Floods Save The Chlldren - Afghanlstan Save The Chlldren - East Africa Famlne Shelter Ukraina Waterald 3.607 2,002 (3,904) (2,002) (297) 800 150 12,948 200 {800) 150 (93) {13.041) (200) 19.707 (19,947) (240) TOTAL FUNDS 247,303 (171.830) 75.673 Page 12 continued...
CHRISTADELPHIAN SAMARITAN FUND NOTES TO THE FINANCIAL STATEMENTS - Contlnued FOR THEYEAR ENDED 31 DECEMBER2023 11. RELATED PARTY DISCLOSURES Thare wara no related paty transaclions for the year ended 31 December 2023. Page 13