Friends of Turkey Annual Report and Financial Statements for the year ended 29 February 2024 Charity number 1060199
Friends of Turkey Legal and Admlnlstrative Information f(K the year ended 29 February 2024 ADDRESS FOR CORRESPONDENCE P.0. Box 76535 London SW20 2FX GOVERNING DOCUMENT Trust deed dated 10 April 1996 CHARIT( REGISTRATION NUMBER 1060199 TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY Andrew J. Baldwin Andrew L. Bowker Joanne Davidson Stephen D. Harris Cathryn B. Hoard David A. Stockwell BANKERS Santander Bank PLC INDEPENDENT EXAMINER John R. Burston Severn Accountancy Ser¥ices Unit 5, St James Court 285 Barton Street Gloucester GLI 4JE INDEX Page I Page 2 Page 3 Page 4 Page 5 Page 6 Legal and Administrative Information Report of the Trustees Independent Examiner's Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Accounts Page 1
Frfend50f Twkey Repprtof the Trustees ft¥r the year •)ded 29 Febn4ary 2024 The Trustees present the Report and for the year ended 29 February 2024. Objects of the charity The charity 15 governed by a trust deed and is constituted as a trust. The charity's prinapèl obje¢ as set out in its trust deed. is the adwdncement of the Christian faith amongst the people of Turkey. Rle of artivitsÈS During the year the Trust has circulated its bFm()nthly"Call to Prayer. bulletin to Chrfstlans In the UK and elsewhere who have requested It. The websf(e was upgraded during the year and now provides more information about the church in Turkey 3nd about the partners supported by the TrusL Oft-line prayer meetings took place in March and September 2023. with interwews of partner5 in Turkey and allowing participants to take part from thlyr home5. The Trust continues to make grants to help some Turkish churthes. projerts and leaders in the regular ministry of the gospel aftd in refugee relief. Additionally grants were made to support humanitarian relief following the tragic earthquakes in February 2023. All the work of the Trust has been carried out on a Nbluntsry basis, there being no paid employees. In planning the acti¥ities the Trustees have applied the guidan on public benefrt issued by the Charity Commission. Flnanclal revlew Durtng the year receipts Increased to £62.72012023- £28.7931. and payments increased to £53,34812023'. £33,0531- The increases in receipts and payments induded donations for earthquake lief acttvites in Turkey totslling £15.644 and payments of £14,285 to partners in Turkey to assist with their re5pon5es to the earthquakes. The cash held by the charity increased by £9373 to £29,963 of whith £17.865 Is unrestricted and can be used for any charitable purpose. R¢s¢rvts poli The trustees have adopted a reseryes policy whereby the charity should aim to hold unrestricted cash of no less than six months of normal general fund expenditure. and aim not to exceed twelve months of expected general fund expenditure, so that the charity could continue to operate should income and l or expenditure vary adversely. At the year end. the charity held unrestritted cash of £17,865 and the charity is complyin8 With its reserves policy. Governance Responsibility fof setting policy and for making operating decision5 rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing trustees. Responslbllities of trustees Charity law requires us as Trustees to prepare financial statements for each atcounting year whith record the receipts and payments of the tharity for the year. We are responsible for keeping proper accountyng rec¢Yd5 whith disctose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements compty with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to tske reasonable steps to prevent fraud or anv other iiregularities. Approval This report was approved by the trustees and signed on their behalf by: AL'4L Andrew 8owker Date: 26 April 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIEND50F TURKEY I report orl the ÉiCC¢Wlt$ of the chaiity £or the Jear ertded 29 February 2024 whlch are set out on the attached pa¥¢s 4 to 6. the Truatee5 are responsible for the prepatation of the accountB. The charity s trostee$ consider that aA audit LS not reqLTired for this year under section 144(2) of the Chatltiea Act 2011 Ithe 2011 Act) and that an independent examtrjaiion L8 needed. It is thy respoAsibllity to: exawine the accounts under 3ettloA 145 of the 2011 Act: to follow the proceduies laid down in the GeneiaL DiIectiorA3 given by the Chaiity 0111ils8iOn uTrdei section 145151 Ibl of -he 2011 Act.. and to state whethei partLcuLar roatter3 have come to my atteThtitsn. examination was Cafrled out in accordance ¥lth the General Directiong given l)y the Charity CoThanission. kn examination inclu(ks a tview of the account- ng records kept by the charity and a cow>arison of the account8 presented tth those records. It also inclvdts conSLderation of any unusual items or dlscL05ures in the aeetsunt$. and the sè8]Eing C>f e¥planations f rom you a5 trustees concerning any such matters. The proeedutets undeytaken do not prtsvidE all the evidence that wouLd be reqIred an audit and, consequently. no opinion is gi?ien as to whttther the accDunt8 present a 'tru.e and falr iLew' and thè report is lLited tts thosè matters set out the 3tAtemertt lOw. In connection with my exwDation. no tter has cOe to rny èttentltsn.. hic.h gives me reasonable ¢au3e to believe that. in any materip&l respect. thÈ tequirewetLts'. lal tTr keep accounting record3 in accordance wlth sectlc>TS 130 of the CharitlES Act 2011. and Ib) to prepare arcour:t5 which ac¢ord with the accounting r¢ords and with the meeho(ts anEI principle8 of the Stateent of Recornynended Practine- Accountin9 and Reporting by ChartIeS ISORP FRS lQ2- effectiTie l JaThuaty 2Q151 have not beèn met. oi to which, In my opinion. attentioA should be drawn In order to enable a proper uThderstanding or the account9 to be rèached. JR 8L4J<M/, F¢PA. LLB, OE JohrL Bur$tott 8vern Accountaney Service8 Unit 5, St Jarrtts Court. 285 Barttsn street. Gltsucè$rr GLI 4J2 Date= IJ May 2024 Page 3
Friends ofTwkey fDr the year ended 29 February 2024 unStrIrted General Designated Funds Funds Restricted Funds 2024 2023 Notes Intome receipts Donation5 Gift aid reIpts 8ank Interest 16,368 45.668 228 62.035 608 77 27.246 1,538 Totsl recelpts 16.825 45,895 62,720 28,793 Payments Payments in relation to charitsble artivities undertaken directly Gronts paid in relation to charitable activitie5 undertaken by Otr5 4,526 4.526 3,093 42,222 48.822 29.961 Toial paymnts 11.126 42,222 53.348 33,053 Net of reIpts l {paymentsl before transfers 5.700 3,673 9.373 14.2601 Transfers between fund5 Net mo¥ement Infunds 5,700 3,673 9.373 14.2601 Cash funds as at last year end 12.166 8.425 20,590 24,850 Cash funds at this J*ar end 17065 12.098 29,963 20,590 The notes on page 6 form part ofthese accounts.
Statement of A55ets Liabilities forthe Trnr ended 29 Feljruary 2024 Unrestricted Funds General Designated funds funds Restritted fttnd5 2024 2023 Notes A Cash funds Cash at bank with immediate access Call to PrayeT cash float 17,865 12.(Y38 29.963 19,590 1,000 20.5 17,865 29.963 Other monetary assets Gift 3id due to rharity 1.174 L174 1.629 1,629 2.803 2A03 608 C Uabllltie5 The attounts were approved by the tr(tee$ and signed on their behaff by Andrew Bowker date: 26 April 2024 The notes on page 6 form part ofthese accounts. Page S
The attuunts ha¥E been prepared a recÈipts and p3yments basi% and CCInse a #atemeni that Sh¥5 the charity's receipts and payftnts. a Statement that SurnMareS the charity's assets aTKI liabilthe5 and reLed notes. The accountaw prDf@ssion have determined that ontr accout prepared in ?ccoréarKe th applKk actountingstsndard5 present3 Irue and fa"r' bYevar4( as these tlpts ènd payments 3ccounts have not land cannotl be prepared 4Tr aciordance with ar£DuntinE 51aThknds. these acctyjnts do present land are not intended to presentl a 'true and fall Wof1hefharwSfinaTrQaI athmties statèofaffaw5. Genernl fvrKts are Unfestted fvnds wthith are lable we * the dcretkn ol the thtee5 kn ftrther3rKe ofts 8eneral oblethves of the harity. Des¥ted wmprtse unrestrltted funds that have been sei aside by the trustees for particular ptsrpose5. Re5trfctecl funds are donations vth4ch are to be used in acCOrdae with s[¥r restrth•ns imposed donuts., they inclLth donatio rerewed from appeals for spe¢llk or projerts. Unrestricted Funds General DeswMted funds Totsl 2024 Totsl 2023 Fund5 Qll to pra Travel ènd etIngS Websrte p.o. tM)x •Th other administrathe costs 2.132 2.132 2,501 1,1 1tr3 4.526 I,iy 45 3.093 Grants fDf. Overseas rn510n Relf ol KKAertv 26.258 15.964 32M58 15.964 24,916 5W5 The charity has no employee5 and no remurrabon was p* to arry trustee. SornEtimE5 the TrLtslee5 art as ¥ents far thE charity and mèke payments and purcha5e5 on os behalf and are Teimbursed for thls expthliture. e.g. paywit for staOnery and other consumabLes. Su¢h Èxpenditure is not reLed to serwces prry4hJed by Trustees and E. therefo dis&sed a5 such. Apart from such expenditure. none of the Trustseswere paid expensEsforseThice pded10 thecharity. BalarKe at 2810212023 RKw"pts Payments Trarthfers Balance at 2910212024 fjener funds 17.865 Re5tr1cted fijnds Silasfvnd E4rthquake fund Other donattons for spe¢th¢ purposes 185f4)1 1142851 193771 42,2221 1.945 1,080 9,072 12,098 15.644 24,251 45,895 4,199 8.425 Totalfvnds 20,5 29.963