2025-01-31-accounts - Soteria Trust

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 02 24 To 31 01 25

Section A Reference and administration details

Charity name Soteria Trust

Other names charity is known by

1040766 Charity's principal address Soteria Trust 39 North Street Emsworth, Hampshire Postcode PO10 7DA ~~—~~

Registered charity number (if any) 1040766

Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 Michael Mellows Chair 2 Robin Kemp 3 Andreas Economides 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ~~==~~ Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Charitable Trust Deed

(eg. trust deed, constitution)

How the charity is constituted Trust (Reg. Charitable Trust) (eg. trust, association, company)

Trustee selection methods Appointed by Director (A. Economides) and two Trustees (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;

The Soteria Trust staff consists of the founding director, 1 full-time administrator/PA, 1 part-time administrator, accounts manager (1 day/week). Soteria uses voluntary workers as and when needed and occasionally seeks professional advice. The trustees delegate the day to day running of the charity to the director and meet regularly. New trustees to be appointed in the future are required to contribute in three specific areas: work, wisdom and wealth (directly and/or indirectly).

relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objectives: the advancement of the Christian faith and religious/moral education and the provision of charitable works in the UK and abroad. The provision of educational scholarships and sponsorships to the poor to secure employment. The provision or maintenance of schools or colleges.

TAR

March 2012

Andy Economides spoke and trained at ‘events’ across the UK and overseas. Throughout the year Soteria Trust continued to oversee the development of the Soteria Business School in Ibadan, Nigeria, West Africa.

Public Benefit: Soteria Trust operates for public benefit through;

Teaching at Christian church services and events in the UK and overseas.
Training in Christian discipleship, outreach and mentoring church leaders in the UK.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Provision of a secretarial and business school at Ibadan, Nigeria, targeted especially at needy young people.
Provision of children’s sponsorships at Prospect School, Ibadan, Nigeria and Scholarships at the Soteria Business School, Ibadan.

All events and church services are open to anyone to attend, and although voluntary collections are taken at some services, donations are not compulsory. An honorarium or fee is usually charged for Soteria’s attendance at training events, designed to contribute towards the Trust’s costs. No admission fees are charged to participants for attendance at such events, and the fee is paid directly by the sponsoring body. The business school in Nigeria does charge individual fees for education and in some cases provision of accommodation and food. However, these fees are low by comparison with fees charged by similar institutions in Ibadan, and some scholarships are awarded to students who could not otherwise afford the fees, with the scholarships funded mostly by UK donors.

The Trustees are not aware of any harm caused by the Trust which needs to be balanced against benefits. The Trustees have had regard to the guidance on public benefit published by the Charity Commission.

Additional details of objectives and activities (Optional information)

Grant-making policy: Soteria provides for its own charitable works and as such does not encourage others to apply for grants. However, grants are considered by the director. Educational scholarships/sponsorships or other requests for help is asked for mainly from abroad to the director for a decision and is at his discretion. The director may consult the trustees for advice.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Specific investment powers: The Trust Deed allows trustees investment powers as written in section 4.2 of the Deed: Power to invest, and vary the investment of, any money for the time being comprised in the Trust as the Trustees think fit and investments shall be taken to include the laying money for or towards the alteration, improvement, repair or decoration of the property, the acquisition of assets which do not produce income and the purchase of property with a view to its being used for any charitable purposes.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Soteria Trust completed two extensive charity trips to Ibadan, Nigeria (27 April – 19 May and 8 – 24 November) to develop, improve, and assist with the: three educational projects, Soteria Business School (SBS) and Soteria Church. Andy Economides spoke at various meetings in the UK and organised with Faith and Football two Glorious Dinner Evenings. Speaking Engagements: Andy Economides spoke at churches/events in the following places: Hambledon Methodist Church (5), City Life Church, Portsmouth (4), St Mary’s, Portchester (2), Christ Central, Portsmouth, St Mary’s Magdalene, Holmwood, Surrey, Waypoint Church, Fareham, St James Church, Emsworth, The Springs House Church, Havant (8), Brunswick Baptist, Gloucester, Freedom Church, Gosport (3), St Michael’s and All Angels and St Marks, Pirbright. Glorious Dinner Evenings: A dinner was held at the Village Hotel, Portsmouth (5 June) with 147 people attending. About half were guests who did not know Jesus. The after-dinner speaker was evangelist Mark Richie. This was followed up with a Glorious Buffet at the same hotel with 44 people and Andy Economides was the guest speaker. A Glorious Curry Evening was held at the Bombay Bay, Portsmouth with 56 people attending and Andy Economides speaking. New Book, The Original Greek: A memoir by Andy Economides is to be published by Soteria Trust with an initial 600 printed and available from April 2025. New Accommodation Building at SBS, Ibadan, Nigeria: In July 2024 this was completed. It has provided a further 21 beds for students and a classroom. The school can accommodate 62 students in dormitories now. Monotechnic Status for SBS: The school was required by the National Board of Technical Education (NBTE) to upgrade itself from an IEI to monotechnic status to be able to continue to run diploma courses. SBS met the criteria set by the NBTE and the application was made. The NBTE inspected and subsequently approved SBS as a monotechnic. The new national diploma courses started in January 2025. Soteria Charity Trips to Nigeria: Revd Andy Economides and Revd Olalekan Adejumo completed two trips (April/May and November 2024). Extensive time was spent at Prospect School with the sponsored children reading letters from their UK sponsors and replying. On return to the UK, the replies were posted to their sponsors in the UK. Soteria Trust sponsors 23 poor, vulnerable, and semi-educated children from Oboda village. These children board at Prospect School. Andy and Lekan spoke at various churches, SBS, and secondary schools. Mr David Watkinson came on the November trip and carried out improvements and repairs in the school canteen kitchen and classroom floors. Sponsorship Programmes: Soteria Trust provides schooling to Nigerian children from 4-18 years old and scholarships for young people 16-30 years old to study at SBS. Soteria Trust also sponsors the 24 staff (full-time & part-time) at the Soteria School. All three different programmes are provided for by individuals that give each month to Soteria Trust. The programmes are growing. Soteria Business School (SBS): Soteria Trust provided sponsorships for needy young people to study at the Soteria Business School (SBS), Ibadan to gain qualifications to secure employment and/or further study. 90% of the student population are on scholarship. National Diplomas are offered at SBS. Up to 60 students are accommodated in the college dormitories and have three meals per day. Soteria Trust provided the sponsoring of SBS staff, SBS operating costs, the new accommodation block, and land purchase to run the school with £50,347. Prospect Children’s School, Ibadan, Nigeria: This is Soteria Trust’s partner school. At Prospect 84 children are sponsored through individual sponsorships. Through the sponsorship programmes, Soteria Trust sponsored 60 young adults to be educated at Soteria Business School and 84 children sponsored and schooled at Prospect. Soteria Trust provided £10,132 to sponsor Prospect schooling for children and young people to attend SBS.

TAR

March 2012

Section D Achievements and erformance p

Rescuing Children, Nigeria: Soteria Trust provides schooling at New Life School in Ibadan for 8 teenagers rescued from the dangerous North and from poverty. Once these and other children complete their secondary education, they will continue their education at the Soteria Business School on scholarship with feeding and living in the dormitories.

TAR

March 2012

Section E Financial review

It is the policy of the charity that unrestricted funds which have not been Brief statement of the designated for a specific use should be maintained, if possible, at least to a charity’s policy on reserves level equivalent to between three- and six-months’ expenditure. The trustees consider that the strength of the trust is the large number of regular (small) monthly gifts by bankers’ order. The trust is not generally relying on large donations, which would make the trust more vulnerable.

Details of any funds materially

in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

The Soteria Business School in Africa needs more than £53,000 per year to operate properly. Soteria Trust manages the financial giving to the school in Africa carefully throughout the year. Soteria Trust needs new partners . Historically large one-off gifts to Soteria Trust for the school has been and continues to be vital to the school being established and continuing.

The Soteria Trust teams, sometimes with professional volunteers each year to the Soteria School is a key factor to the well-being and success of the school.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Michael Anthony Mellows Chairman

Position (eg Secretary, Chair, etc)

Date

TAR

March 2012

Charity No Soteria Trust 1040766 (if any) FOR ENGLAND AND WALES Annual accounts for the period CC17a Period end Period start date 01/02/2024 To date 31/01/2025 — ~~————————— ae~~ Section A Statement of financial activities Restricted Recommended categories by Unrestricted income Endowment Prior year activity funds funds funds Total funds funds

Recommended categories by activity	Guidance Notes	Unrestricted funds	Unrestricted funds	Unrestricted	Restricted income funds	Endowment funds	Total funds	Prior year funds
			£		£	£	£	£
Incoming resources (Note 3)			F01		F02	F03	F04	F05
Income and endowments from:
Donations and legacies	S01		75,236		131,404		206,640	156,796
Charitable activities	S02		1,173				1,173	980
Other trading activities	S03		-		-	-	-	-
Investments	S04		-		-	-	-	-
Separate material item of income	S05		-		-	-	-	-
Other	S06		-		-	-	-	-
*Total*	S07		76,409		131,404	-	207,813	157,776
Resources expended (Note 6)
Expenditure on:
Raising funds	S08		-		-	-	-	-
Charitable activities	S09		87,418		68,907	-	156,325	155,653
Separate material item of expense	S10		-		-	-	-	-
Other	S11		-		-	-	-	-
*Total*	S12		87,418		68,907	-	156,325	155,653

Net income/(expenditure) before investment
gains/(losses)	S13	-	11,009 -		62,497	-	51,488	2,123
Net gains/(losses) on investments	S14		-		-	-	-	-
Net income/(expenditure)	S15	-	11,009 -		62,497	-	51,488	2,123
Extraordinary items	S16		-		-	-	-	-
Transfers between funds	S17		18,715	-	18,715 -	-	-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use	S18		-		-	-	-	-
Other gains/(losses)	S19		-		-	-	-	-
*Net movement in funds*	S20		7,706		43,782	-	51,488	2,123
*Reconciliation of funds:*
Total funds brought forward	S21		321,572		427,753	-	749,325	749,325
*Total funds carried forward*	S22		329,278		471,535	-	800,813	800,813
1

SOFA

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
-	-	-	-	-
106,929	290,909	-	397,838	397,813
-	-	-	-	-
-	-	-	-	-
106,929	290,909	-	397,838	397,813

-	-	-	-	-
		-	-	-
		-	-	-
223,508	180,626	-	404,134	352,343
223,508	180,626	-	404,134	352,343

1,159	-	-	1,159	831

222,349	180,626	-	402,975	351,512

329,278	471,535	-	800,813	749,325

-	-	-	-	-
-	-	-	-	-

329,278	471,535	-	800,813	749,325

-			-	-
	471,535		471,535	427,753
329,278		-	329,278	321,572
			-
329,278	471,535	-	800,813	749,325

Signature		Print Name		Date of approval dd/mm/yyyy
		M. MELLOWS

B Sheet

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

• and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes No	✓	* -Tick as appropriate

*Please disclose*	:
*(i) the nature of*	*the chan*	*ge in accounting policy;*
*(ii) the reasons* *provides more r* *and*	*why appl* *eliable an*	*ying the new accounting policy* *d more relevant information;*
*(iii) the amount* *in the current p* *the aggregate a* *periods before t*	*of the adj* *eriod, eac* *mount of* *hose pre*	*ustment for each line affected* *h prior period presented and* *the adjustment relating to* *sented, 3.44 FRS 102 SORP.*

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes No	✓	* -Tick as appropriate

*Please disclose*	:
*(i) the nature of*	*any chan*	*ges;*
*(ii) the effect of* *assets and liabi*	*the chan* *lities for t*	*ge on income and expense or* *he current period; and*
*(iii) where pract* *more future per*	*icable, th* *iods.*	*e effect of the change in one or*

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes ✓ * -Tick as appropriate No

Please disclose:

(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and

(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

N 1

Section C Notes to the accounts (cont)

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in accounting policy

Reconcilation of funds per previous GAAP to funds determined under FRS 102

Start of End of period period £ £ Fund balances as previously stated Adjustments: Fund balance as restated End of £ Net income/(expenditure) as previously stated Adjustments: Previous period net income/(expenditure) as restated

Fund balance as restated Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

N 2

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Yes No N/a	Yes No N/a	Yes No N/a
✓
Yes No N/a
✓
Yes No N/a
✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
	✓
Yes No N/a
✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
	✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a

N 2.2

p p g g y benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

		✓
Yes No N/a
		✓
Yes No N/a
		✓
Yes No N/a
✓
Yes No N/a
		✓
N/a
		✓
N/a
		✓
N/a
		✓
Yes No N/a
✓
Yes No N/a
✓
Yes No N/a
	✓
Yes No N/a
		✓
Yes No N/a
✓
Yes

✓
Yes No N/a
	✓
Yes No N/a
		✓
Yes No N/a
	✓
Yes No N/a
		✓
Yes No N/a
		✓
N/a
		✓
N/a
		✓
N/a
		✓
Yes No N/a
		✓

N 2.2

Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.	Yes No N/a	Yes No N/a	Yes No N/a
			✓
	Yes No N/a
	✓
	Yes No N/a
			✓

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

N 2.2

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
Donations andgifts	66,498	116,143	-	182,641	136,271
Gift Aid	8,738	15,261	-	23,999	20,525
Legacies	-	-	-	-	-
General grants provided by government/other charities	-	-	-	-	-
Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
Donatedgoods,facilities and services	-	-	-	-	-
Other	-	-	-	-
Total	75,236	131,404	-	206,640	156,796

Book Sales	1,173	-	-	1,173	980
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	1,173	-	-	1,173	980

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Interest income	-	-	-	-	-
Dividend income	-	-	-	-	-
Rental and leasingincome	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Total	-	-	-	-	-

Conversion of endowment funds into income	-	-	-	-	-
Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
Gain on disposal of a programme related investment	-	-	-	-	-
Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

	76,409	131,404	-	207,813	157,776

Other information:

All income in the prior year was unrestricted except for: (please provide description and amounts)

Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.

Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

N 3

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

This year Last year £ £ Description	This year Last year £ £ Description	This year Last year £ £ Description
	-	-
	-	-
	-	-
	-	-
Total	-	-

Please give details of other forms of government assistance from which the charity has directly benefited.

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Use of property Other Seconded staff	This year Last year £ £	This year Last year £ £
	-	-
	-	-
	-	-
	-	-

Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Note 6	Analysis of expenditure
TOTAL EXPENDIT Expenditure on charitable activities Other Separate material item of expense Expenditure on raising funds:	Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £
	Incurred seeking donations	-	-	-	-	-
	Incurred seeking legacies	-	-	-	-	-
	Incurred seeking grants
	Operating membership schemes and social lotteries
	Staging fundraising events
	Fudraising agents
	Operating charity shops
	Operating a trading company undertaking non-charitable trading activity
	Advertising, marketing, direct mail and publicity	-	-	-	-	-
	Start up costs incurred in generating new source of future income	-	-	-	-	-
	Database development costs	-	-	-	-	-
	Other trading activities
	Investment management costs:	-	-	-	-
	Portfolio management costs	-	-	-	-	-
	Cost of obtaining investment advice	-	-	-	-	-
	Investment administration costs	-	-	-	-	-
	Intellectual property licencing costs	-	-	-	-	-
	Rent collection, property repairs and maintenance charges	-	-	-	-	-
		-	-	-	-	-
	Total expenditure on raising funds	-	-	-	-	-

		87,418	68,907	-	156,325	155,653
				-	-	-
				-	-	-
				-	-	-
	Total expenditure on charitable activities	87,418	68,907	-	156,325	155,653

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total other expenditure	-	-	-	-	-
	URE
		87,418	68,907	-	156,325	155,653

Other information:

Analysis of expenditure on charitable activities

Activity or programme	ertaken directly	Grant funding of activities	Support Costs	Total this year	*Total prior* *year*
	£	£	£	£	£
Activity 1 Activity2

Other
Total

Prior year expenditure on charitable activities can be analysed as follows:

Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)

N 6

Section C Notes to the accounts (cont)

Note 7 Extraordinary items

Please explain the nature of each extraordinary item occurring in the period.

Description	This year Last year £ £	This year Last year £ £
	-	-

	-	-
	-	-
	-	-

	-	-
s	-	-

Section C Notes to the accounts

Note 8 Funds received as agent

8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.

		Amount received	Amount received	Amountpaid out	Amountpaid out	Balance held atperiod end	Balance held atperiod end
Description/name of party	Related party (Yes or No)	Thisyear	Lastyear	Thisyear	Lastyear	Thisyear	Lastyear
		£	£	£	£	£	£
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
Total		-	-	-	-	-	-

8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.

Description/name of party	Balance held atperiod end	Balance held atperiod end
	Thisyear	Lastyear
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Section C Notes to the accounts

Note 9 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

Support cost (examples)	Raising funds £	Activity 1 £	Activity 3 £	Grand total £	Basis of allocation
					(Describe method)
Governance	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Other	-	-	-	-
Total	-	-	-	-

Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees	This year £	Last year £
	0	0
	0	0
	0	0
	0	0

N10

Section C Notes to the accounts (cont)

Note 11 Paid employees Please complete this note if the charity has any employees.

11.1 Staff Costs

11.1 Staff Costs
Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme)	This year £	Last year £
	64,900	61,207
	144	182
	3,048	3,048
	-	-
	68,092	64,437

Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

TRUE

Band	Number of employees
£60,000 to £69,999	NONE
£70,000 to £79,999	NONE
£80,000 to £89,999	NONE
£90,000 to £99,999	NONE
£100,000 to £109,999	NONE

Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity

11.2 Average head count in the year

The parts of the charity in which the employees work

	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	3	3
Governance	-	-
Other	-	-
Total	3	3

N11

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

Please state the legal authority or reason for making the payment

Please state the amount of the payment (or value of any waiver of a right to an asset)

11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment

The nature of the payment (cash, asset etc.)

The extent of redundancy funding at the balance sheet date

Please state the accounting policy for any redundancy or termination payments

N11

Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Amount of contributions recognised in the SOFA as an expense

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan

N12

Section C Notes to the accounts (cont)

Note 13 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

13.1 Analysis of grants paid (included in cost of charitable activities)

Analysis	Grants to institutions	Grants to individuals	Support costs	Total
Activityorproject 1			£	£
Activityorproject 2			-	-
Activityorproject 3			-	-
Activityorproject 4			-	-
*Total*	-	-	-	-

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.2 Grants made to institutions

13.2 Grants made to institutions	13.2 Grants made to institutions
*My charity has made grants to particular institutions that are material in* *the context of its grantmaking. Details of the institution supported,* *purpose of the grant and total paid to each institution is available on the* *charity's web site.*		*Yes*	*Please provide* *details of charity's* *URL.*
		No	*Provide details* *below*

Names of institution	Purpose		Total amount of grantspaid £
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
*TOTAL GRANTS PAID* *Other unanalysed grants* *Total grants to institutions in reporting period*			-
			-
			-

N13

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

14.1 Cost or valuation	n
Freehold land & buildings Other land & buildings £ £ At the beginning of the year 105,000 290,909 Additions - Revaluations - - Disposals - - Transfers - - At end of the year 105,000 290,909 Basis* SL or RB SL or RB Rate At beginning of the year - - Disposals - - Depreciation - - Impairment - - Transfers - - At end of the year - - Net book value at the beginning of the year 105,000 290,909 Net book value at the end of the year 105,000 290,909 14.4 Impairment Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. 14.3 Net book value 14.2 Depreciation and impairments*	Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
	105,000	290,909	-	26,222	422,131
	-		-	584	584
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	105,000	290,909	-	26,806	422,715
	d impairments
	SL or RB	SL or RB	SL or RB	RB	RB	Straight Line ("SL") or Reducing Balance ("RB")
				25%	25%
			- 24,318 24,318 - - 559 559 - - - - - - - 24,877 24,877 - 1,904 397,813 - 1,929 397,838
	-	-	-	24,318	24,318
	-	-	-
	-	-	-	559	559
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	24,877	24,877

	105,000	290,909	-	1,904	397,813
	105,000	290,909	-	1,929	397,838

14.5 Revaluation If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.

14.6 Other disclosures (i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.

* The "transfers" row is for movements between fixed asset categories.

N14

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight

N14

Section C Notes to the accounts

Note 15 Intangible assets Please complete this note if the charity has any intangible assets 15.1 Cost or valuation

Research & development £	Patents and trademarks £	Other £	Total £
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

15.2 Amortisation and impairments

SL or RB	SL or RB	SL or RB	SL or RB

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
-	-	-	-
-	-	-	-

15.4 Accounting policy Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates

N15

Policies for the recognition of any capital development

15.5 Impairment

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

15.6 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation

the name of independent valuer, if applicable

the methods applied

the carrying amount that would have been recognised had the assets been carried under the cost model.

15.7 Other disclosures

(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.

(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.

(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets.

(iv) State the amount of research and development expenditure recognised as expenditure in the year.

(vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.

* The "transfers" row is for movements between fixed asset categories.

N15

Section C Notes to the accounts (cont)

Note 16 Heritage assets Please complete this note if the charity has heritage assets

16.1 General disclosures for all charities holding heritage assets

(i) Explain the nature and scale of heritage assets held. (ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.

Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Heritage asset 1 Heritage asset 2 Heritage asset 3 Heritage asset 4 Total £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
					Straight Line ("SL") or Reducing Balance
					~~("RB")~~
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
-	-	-	-	-
-	-	-	-	-

16.5 Impairment

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

16.6 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation

N16

16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation

At valuation Group A £	At cost Group B £	Total £
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)

(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets.

(iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.

16.9 Five year summary of heritage assets transactions

	2015	2014	2013	2012	2011
	£	£	£	£	£
Purchases Group A Group B Group C Other Donations Group A Group B Group C Other Total additions Charge for impairment Group A Group B Group C Other Total charge for impairment Disposals Group A - carrying amount Group B - carrying amount Group C Other Total disposals
	-	-	-	-	-
	-	-	-	-	-
	-
	-

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-


	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-

N16

Section C Notes to the accounts (cont)

Note 17 Investment assets

Please complete this note if the charity has any investment assets.

17.1 Fixed assets investments (please provide for each class of investment)

Cash & cash equivalents	Listed investments	Investment properties	Social investments	Other	Total
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

*Please specify additions resulting from acquisitions through business combinations, if any.

Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.

17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.

Analysis of investments Cash or cash equivalents Investment properties Listed investments Social investments Grand total (Fair value at year end+Cost less impairment) Other investments Total
	Fair value at year end	Cost less impairment
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-

17.3 If your charity holds investment properties, please complete the following note:

(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements

N17

17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.

	This year	t year	t year
	£	£
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-





	*Description*	This year £	Last year £




*Total*

	*Description*	This year £	Last year £



*Total*

N17

Section C Notes to the accounts (cont)

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

Stock	Stock	Donated goods	Donated goods	Work in progress
For distribution	For resale	For distribution	For resale
£	£	£	£	£

-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-


-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-


-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

18.2 Please specify the carrying amount of any stocks pledged as security for liabilities

N18

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

*Please complete this note if the charity has any* *debtors or prepayments.* Note 19 Debtors and prepayments
19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	0	-
	-	-
	0	-

Total

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Prepayments and accrued income Other debtors Total Trade debtors	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-

N19

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
1,159	831	-	-
-	-	-	-
1,159	831	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

*Movement in deferred income account* Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

N20

Section C Notes to the accounts (cont)

Note 21 Provisions for liabilities and charges

Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.

21.1 Please provide:

- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.

21.2 Movements in recognised provisions and funding commitment during the period

----- Start of picture text -----
This year Last year
£ £
Balance at the start of the reporting period - -
Amounts added in current period - -
Amounts charged against the provision in the current period - -
Unused amounts reversed during the period - -
Balance at the end of the reporting period - -
----- End of picture text -----

21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified). 21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.

N21

Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.

N22

Section C Notes to the accounts (cont)

Note 23 Contingent liabilities and contingent assets

23.1 Contingent liabilities

Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.

Description of item including its legal nature. Please describe any security provided in connection to the liability.	Estimate of financial effect

23.2 Contingent assets

Where the charity has contingent assets, please complete the following section when their existence is probable

Description of item Estimate of financial effect

23.4 Other disclosures for contingent assets and/or liabilities

Please provide the following information where practicable:

Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement

Where it is not practical to make one or more of these disclosures, please state this fact

N23

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total

This year £	Last year £
-	-
-	-
404,134	352,343
-	-
404,134	352,343

N24

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

N25

Section C Notes to the accounts (cont)

Note 26 Events after the end of the reporting period Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

Please provide details of the nature of the event

Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made

N26

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
SBS Sponsorship	R	SponsoringYoungAdults at Soteria Business School Nigeria	18,120	21,077	- 4,047	- 5,193	-	29,957
Prospect Sponsorship	R	Sponsoringvulnerableyoungchildren in Education in Nigeria	88,934	31,521	- 6,085	- 7,779	-	106,591
Overseas Missions	R	To cover the cost of teams on short-term missions Nigeria	4,045	9,363	- 8,427		-	4,981
Soteria Business College	R	Sponsoringstaff and operatingcosts in Nigeria	25,745	69,442	- 50,347	- 5,743	-	39,097
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			136,844	131,403	- 68,906	- 18,715	-	180,626

N27.1

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
SBS Sponsorship	R	SponsoringYoungAdults at Soteria Business School Nigeria	972	24,326	- 1,892	- 5,286	-	18,120
Prospect Sponsorship	R	Sponsoringvulnerableyoungchildren in Education in Nigeria	103,683	26,771	- 34,160	- 7,360	-	88,934
Overseas Missions	R	To cover the cost of teams on short-term missions Nigeria	11,257	8,428	- 10,100	- 5,540	-	4,045
Soteria Business College	R	Sponsoringstaff and operatingcosts in Nigeria	18,164	31,714	- 18,593	- 5,540	-	25,745
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			134,076	91,239	- 64,745	- 23,726	-	136,844

N27.2

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

	Reason for transfer and where endowment is converted to income, legalpower for its conversion	Amount
Between unrestricted and restricted funds	Sponsors agree 25% of donations are to be set against administration costs	18,715
Between endowment and restricted funds
Between endowment and unrestricted funds

27.4 Designated funds	27.4 Designated funds	27.4 Designated funds
Planned use	Purpose of the designation	Amount

N27.3

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
This year				Last year
Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
£	£		£	£

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

*enter "False".*
No trustee expenses have been incurred (True or False)		TRUE

Type of expenses reimbursed	This year	Last year
	£	£
Travel
Subsistence
Accommodation
Other (please specify):

TOTAL

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	TRUE

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

N28

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

N29

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Charity Name trustees/directors/ Soteria Trust members of 31[st] January 2025 On accounts for the year ended

Charity no.: Company no.: 1040766

Set out on pages SOFA, B SHEET, Sheets N1 – N29 of CC17a

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 01/ 2025

Responsibilities and basis of report As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
the accounts do not accord with such records; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

•the accounts have not been prepared in accordance with the Charities SORP (FRS102).

October 2018

IER

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 accounts to be reached.

Signed: Date: Name: Steven Parker Relevant professional AAT Level 4 qualification(s) or body ACCA Finalist (if any): Address: 16 Cavendish Road Bognor Regis, West Sussex PO21 2JW

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER