Friends of Turkey Annual Report and Financial Statements for the year ended 28 February 2025 Charity number 1060199
Friends of Turkey Legal and Admlnistrative Infomiation for the year ended 28 February 2025 ADDRESS FOR CORRESPONDENCE P.0. Box 76535 London SW20 2FX GOVERNING DOCUMENT Trust deed dated 10 April 1996 CHARITY REGISTRATION NUMBER 1060199 TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY Andrew J. Baldwin Andrew L. Bowker (until l November 2024) Joanne Davidson Stephen D. Harris Cathryn B. Hoard David A. Stockwell BANKERS Santander Bank PLC INDEPENDENT EXAMINER John R. Burston Severn Accountancy Services 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 Exarniner's Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Accounts Page 1
Frlends of Turkev Report of the Trustees for the year ended 28 February 2025 The Trustees present their report and accounts for the year ended 28 Febnjary 2025. Oblects of the charlty The charity is governed by a trust deed and is constitLrted as a trust. The charity's principal objert, 35 set OLrt in its trust deed. is the advancement of the Christian faith amongst the people of Turkey. Review of activltle5 During the year the Trust has circulated its bi-monthly 'Call to Prayev bulletin to Christians in the UK and elsewhere who have requested it. The website Trow provides more information about the church in Turkey and about the partners suptK)rted by the Trust. On-line prayer meetings took place in March and September 2024. with interviews of partners in Turkey and allowing participants to take part from their homes. The Trust contirbues to make grants to help Some Turkish churches, projetts and leaders in the regular ministry of the gospel and in refugee relief. All the work of the Trust has been carried out on a voluntary basis. there being no paid employees. In planning the activities the Trustees have applied the guidance on public benefrt issued by the Charity Commission. Flnancial revlew During the year receipts totalled £53,468 12024: £62.720, including donations for earthquake reliefj. and payments totalled £54,24412024.. £53.3481. The cash held by the charity detreased by £776 to £29.187 of which £24.314 is unrestricted and can be used for anv charitable purpose. Reserves poli The trustees have adopted a reserves policy whereby the ch3rity 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 unrestricted cash of £24,314 and the charity is complyin8 With its reserves policv. Governance Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing tftjstees. Responslbllftie5 of trustees Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable Steps to prevent fraud or any other irregularities. Approval This report was approved by the trustees and signed on their behalf by- Stephen Harris Date: 11 April 2025 Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF TURKEY repott on the accounts of the charity fox the year ended 28 February 2025 whlch ale Set Dut on the attached pa¢Jes 4 to 6. R1ctIv t•8POnB&bilitlu ot trustees and •xawwr -Its. The chariLy' S trustee5 consider The Tru$tee8 are responsible for the prepatation Of the aceoi. that an audit is not required for tiis yeax under section 144 121 Jf tha Charities Act 2011 (the 2011 Act) and that art indepetydent examAnation is needed. It is JThy respottsibility to: exarnine the accounts under Section 145 of the 2011 Act.- to fOLlO the procedure$ laid down in the Genera Dlreetions given by the Chaiity Conni$$ion uftcler 3eetLon 145151 Ibl of the 2011 Act: and to state whether particular Trat¥ers have CC*The to my atteTrtion. Hy examinatlDn was cairled OUL in accoidance wlth =he GeneraL Dxrections gLveD by the Charity CoDthlssioD. An examination includes a ievlew of the accountin9 record5 kept by the charity and a comparison of the accounts presented with chose records. It also &ncLudes consideration of any unasual Ltems or disclosures in ine accoants. and the seeking of explanations fiom you a8 trustees COD¢erning any 3u¢h matter$. The procedures undertaken do not provide all the evidence that fAould be requLred in an audit and. corysequentlyl Tio OPLnioty is given ats to whether the accounts present a 'true aftd fair VAew' and the repott s lioited to t4ose rtarters set out in the sLatenEnt J)elow. In connection with rny examinatio, no JtsaLter has corne to tyy attention.. whlch gives me reasonable callse to believe that. in any aterial respect. the tequiremertts: lal to keep accounting records in accordance With section 130 ot the Charities A¢t 2011, and Ibl tts preparè aecounis which ac¢oid with the ac¢ouThtxng tecord$ and with the thethods and principles of the Statement of RecomTrerttied Pra¢tice: AccottnLlnq and Reporting by Charlties ISORP Fks 102- effective l Januaty 20151 have no= been met. to wh-ch, in my opinion. a-tentlon should be drawn order to enable a proper understanding OE the accounts to be reached. JR Burt4, vcpA, 5tx. oz John Burston Severn Accountanry Service$ unLt 5, st James Court. 285 Barton Street. Glourester GLI 4JE 09-May-25 Page 3
Friends of Turkey Receipts and Payrnents Atcount forthe year ended 28 February 2025 Unrestricted General Designated Funds Funds Restricted Funds 2025 2024 Notes Income recèlpts Donations, legacies and grants Giftaid Bank interest 21,633 1.174 247 28,785 1.629 50,418 2,803 247 62,035 608 77 Total recelpts 23.054 30.414 53.468 62,720 Payments Payments in relation to charitèble activities undertaken directlv Grants paid in relation to charitable artiwties undertaken by others 3.605 3.605 4,526 13.IKJO 37,639 50,639 48,822 Total payments 16,605 37,639 54,244 53,348 Net of receipts I Ipaymentsl before transfers 6.449 {7,225} 17761 9.373 Transfers bets¥een funds Net movement in fvnds 6,449 17.22SI 17761 9.373 Cash funds a5 at last year end Cash funds at this year end 17,865 12.098 29,963 20,590 24.314 4.872 29,187 29.963 The notes on page 6 form pèrt of these am)unts.
Friends of Turkey Staternent of Assets and Llabllltles for the year ended 28 February 2025 Unrestricted Funds General Designated fvnds funds Restricted fund5 2025 2024 Notes Cash funds Cash at bank with immediate access 24,314 24.314 4,872 472 29,187 29.187 29,963 29,963 Other monetary assets Gift aid due to the charity 2.012 2.012 880 . 2,892 2.892 2,803 2.803 Liabllltles The accounts were approved by the trustees and stgned on their behalf bv Stèphen Harris date: 11 April 2025 The notes on page 6 form part of these a¢¢ounts. Page 5
Fftends PteSt}the A¢(ounts fortheyear ended 28 February2025 I ALcountiA8 polltbÈs The accounts have been prepared OD a reCets and payments basis (ompre a ststemeDt that show5 ihe ch4rity'S recÈipts and payments, a staternent that 5ummarises the chariws assets and Ipabi1Sts and related nores. The èccountanry profe55ion have determined that onty accounts wepared In zctordarKe with applKable accountine standards presenr a'true and fair, wiew and. a5 these receipts and paymtnis accounts have not land cannotl be PTepared in accordance Mriih aciounbng staDd3rds. these accounts do not present land are not iniended to pre5èntl a'true and fair. view of the charity's financ131 aciMts and state of affair5. General funds are unrestricted fuThd5 wbh #re avaiL3ble for 4JSÈ at dwdion of thÈ trustees In lurtherance of the general objectivtrs ol the charity. DeEnated funds cornprise Unrested fvrtd5 that have been Ser aside by the trustees for particular purposes. Restricted funds are donath)ns whKh are to be used in atcordarKevmh specSfK re5trictM)n5 imposed bydonots. Unr ricted F nds General enated funds funds Restrided Funds Total 2025 Total 2024 2 Payments l# rellilonto tharfiable artlbttJe* undertaken dlr• 2,352 620 162 471 3,605 2,132 1.090 1,194 109 4,526 Call lo prayer Ttsvel and meeli Wetsslte P.0. box and other athinlstratNe costs 2.352 620 162 471 3,$ 3 Grants ld hs relaiion to th•rfrable artivltles urtdvlkn by othe Grant5 for.. Overseas mission Relief of povertv 45,169 5,470 50,639 32.858 15,964 48,822 13.C 32.169 5,470 37.639 13,( 4 Staff ttssts and truste4sexptnses The charity has no employees ond no remunetstion was paid to any trustee. Sometimes the Trustees act as agents for the Iharlty Ènd make payments and purcho5es on its and are reimbursed for this expenditure, e.g. payment for ststionery and other consumables. Such expenditure is not related to services prowded by Trustees and is, therekne not disclosed as such. Apart from relmbursÈmeTrt of costs tsf travel to trustee meetin85, none oftheTTU5teeswas PaKI expensegfor serw¢e pro¥wJed tothechafity. S Mo¥emeni offunds Balance at Balance ot 2910212014 Receipts Payments Transfer5 2810212025 General funds 16,605 24,314 Restricted funds Silasfund Earthquake fund Other specific purposes 1,945 16,2(X)I 13.8581 127,581 37.6391 1,351 2.778 22.031 30.414 9,072 12.098 3,522 4,871 Total funds 29,963 54.2441 29,157