KEYS TO THE HARVEST TRUST
UNAUDITEDTRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Charity number: 1070236
KEYS TO THE HARVEST TRUST
| Table of contents | |
|---|---|
| Administrative and management details | 2 |
| Trustees report | 3-6 |
| Independent examiner’s report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 -13 |
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KEYS TO THE HARVEST TRUST
Administrative and management details
Trustees
Jean Patricia Winfred Watson
David John Lamb
Joyce Ratnamanie Lamb
Robin Leonard Simson Crosby-(resigned on 16 June 2025).
Richard Eason – Chair (Appointed 16 June 2025)
Rachael Olayinka Oyedeji
David Watson
Tadeusz Kukla
Charity registered number:
1070236
Principal Office
17 Patrick Clayton Drive Ashford Kent, TN23 3SR
Bankers:
Barclays PLC, 90/92 High Street, Crawley, West Sussex, RH10 1BP
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KEYS TO THE HARVEST TRUST
Trustees’ report for the year ended 31 December 2024
The Trustees present their annual report together with the financial statements of KEYS TO THE HARVEST TRUST (the “Charity”) for the year ended 31 December 2024. The trustees confirm that the annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) – “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).
Structure, Governance and Management
Constitution
The principal object of the charity is the advancement of the Christian religion.
Method of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Deed of Trust.
Risk Management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate the exposure of the Charity.
Objectives and Activities
Policies and Objectives
The objects of the charity are to advance Christian Religion and to pursue such other charitable purposes as the Trustees shall from time to time think fit. The main aim of the Charity is to support the ministry of Reverend David Lamb and Pastor Joyce Lamb, and to support other ministries.
Going Concern
The Trustees have considered the financial resources and commitments of the Charity and acknowledge that the Charity’s financial resources are dependent on donations and fund raising activities of the Charity’s management. After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for a foreseeable future. For this reason they continue to adopt the going concern basis in preparing the Charity’s financial statements.
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KEYS TO THE HARVEST TRUST
Trustees’ report for the for year ended 31 December 2024 (cont’d)
Objectives and Activities (cont’d)
Review of Activities
As a trust we have focused on 4 main areas during the year.
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The global School of the supernatural. This is Christian training led by trustees David and Joyce Lamb, many miracles have been reported in this group some with medical proofs.
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Keys ministries Zambia. A team of seven share the Christian message to the youth, many have been saved and have grown in their faith, the numbers in attendance average between 40 and 70 youth.
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The trust funds the Lodwar light academy, a Christian school in a remote desert area in Northern Kenya. We have 28 children who are being educated with a government approved curriculum, they are also taught salvation, Christian values and bible knowledge. We feed and provide drinks daily when at school because of their poverty at home. The ages range between 3 and 11 years. There wasn’t any schooling in these villages now we are into our 4th year.
This year we planted 120 trees and fenced them to protect them from the goats and camels. This is a great asset to this community and the trees are growing well and are being watered by the well that the trust community, years ago, there wasn’t any schooling in these villages we feel privileged to enable this generation to grow into future educated tribal leaders.
This year we have planted two new churches to add to the first church plant. So now we partner in the progress of 3 rural churches.
Blind eyes, and deaf ears have been opened in our missions to these villages, this year alone many hundreds have given their lives to Jesus.
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The trust majors on small business start ups, in Uganda, Zambia and Kenya, we are at present funding education for 2 young people in Kenya
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Outlook for 2025/2026
We have clear objectives to enable the school to be self sufficient, we look to achieve this in the next 2 years. We are at work to bring in younger trustees for legacy and succession.
The Trust is reasonablly strong, the rewards are the growth and success of those we fund. The Trust recently appointed a new chair who has a wealth of experience in running and organising trusts along with the gift to raise funds. We feel blessed and honoured to be strengthened as trust by this appointment. Pastor Joyce and Pastor David will continue to travel and take teams out on mission trips. There is a November mission planned to Poland along with a mission to Kenya in 2026. Other opportunities will arise as we continue to build good solid relationships with those who receive us from year to year.
Financial review
- Reserves Policy
A reserve of one month’s expenditure amounting to £750 (2023: £750) is considered adequate. The balance carried forward is well in excess of this figure.
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KEYS TO THE HARVEST TRUST
Trustees’ Responsibility Statement - 2024
The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with the applicable law and the United Kingdom Generally Accepted Accounting Standards (UK GAAP).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of such resources in that period. In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and apply these policies consistently;
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Observe the methods and principles of in the Charities SORP;
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Make judgements and accounting estimates that are reasonable and prudent;
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and Provisions of the Trust Deed. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Board of Trustees on 22 October 2025 and signed on their behalf by:
Richard Eason - Chair
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KEYS TO THE HARVEST TRUST
Independent Examiner’s report for the year ended 31 December 2024
This is a report solely to the Board of Trustees of KEYS TO THE HARVEST TRUST for the year ended 31 December 2024. This report is prepared in accordance with section 145 of the Charities Act 2011 and the regulations made under section 154 of that Act. My work has been undertaken so that I might state to the Charity’s Board of Trustees those matters I am required to state to them in an Independent examiner ‘s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Board of Trustees for my work and for this report.
Respective responsibilities of trustees and examiner
The Charity’s Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Acct 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the financial statements under section 145 of the Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b)of the Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes considerations of any of the unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the review is limited to those matters set out in the statements below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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1- which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the Act : and
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to prepare financial records with accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
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2- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached
Signed by: Nyasha Dhitima
Dated: 22 October 2025
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KEYS TO THE HARVEST TRUST
Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 December 2024
| (expressed in GBP) | Notes | 2023 2024 |
|---|---|---|
| Restricted funds Unrestricted funds Total funds Total funds |
||
| Income resources Incoming resources from generated funds: Incoming resources from charitable activities 2 Total incoming resources Resources expended Charitable activities 4; 5 Charity administration costs Governance costs Total Resources expended Movement in total funds for the year - net income/(expenditure) for the year Total funds at 1 January Transfers |
£ £ £ £ |
|
| 23,528 13,058 36,585 19,689 |
||
| 23,528 13,058 36,585 19,689 |
||
| (27,093) (7,845) (34,938) (17,660) - (1,740) (1,740) (1,194) - (1,000) (1,000) (1,000) |
||
| (27,093) (10,585) (37,678) (19,854) |
||
| (3,566) 2,473 (1,093) (165) - 2,660 2,660 2,825 3,566 (3,566) - - |
||
| Total funds at 31 December 5; 6 |
- 1,567 1,567 2,660 |
|
The notes on pages 10 to 13 form part of these financial statements
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KEYS TO THE HARVEST TRUST
Balance Sheet as at 31 December 2024
| (expressed in GBP) | Notes | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Books Inventory | - | - | |
| Cash at bank | 1,567 | 2,660 | |
| 1,567 | 2,660 | ||
| Creditors: amounts falling due within one year | - | - | |
| Net Assets | 5;6 | 1,567 | 2,660 |
| Charity Funds | |||
| Restricted Funds | 5;6 | - | - |
| Unrestricted Funds | 5;6 | 1,567 | 2,660 |
| Total Funds | 1,567 | 2,660 |
The financial statements were approved by the Board Trustees on 19 October 2024 and signed on
its behalf by:
Richard Eason - Chair
The notes on pages 10 to 13 form part of these financial statements
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KEYS TO THE HARVEST TRUST
Notes to the Financial Statements for the year ended 31 December 2024
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).
1.2 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.3 Income resources
All incoming resources are included in the Statement of financial activities when the Charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost bone by a third party.
1.4 Resources expended
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all the costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated in a basis consistent with the use of the resources.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment, but not accrued as expenditure.
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KEYS TO THE HARVEST TRUST
Notes to the Financial Statements for the year ended 31 December 2023 (cont’d)
2. Incoming resources from charitable activities
| 2023 2024 |
|
|---|---|
| Restricted funds Unrestricted funds Total funds Total funds |
|
| Donations income Gift aid Net book sales Charity incoming resources |
£ £ £ £ |
| 23,528 9,807 33,335 19,387 - 2,434 2,434 - - 817 817 303 |
|
| 23,528 13,058 36,585 19,689 |
|
3. Charitable activities
| 2024 2023 |
|
|---|---|
| Restricted funds Unrestricted funds Total funds Total funds |
|
| £ £ £ |
|
| Gifts and donations | 17,399 4,303 21,702 14,545 |
| Travel and mission expenses | 9,695 3,542 13,237 3,116 |
| Total | 27,093 7,845 34,938 - 17,660 |
Gifts and donations span from gifts and donations given in aid for supporting various ministries and Pastors in Zimbabwe and Kenya.
4. Analysis of Resources Expended by Expenditure type
| 2024 2023 |
|
|---|---|
| Direct costs Governance costs Charity administration costs Total |
£ £ |
| 34,938 17,660 1,000 1,000 1,740 1,194 |
|
| 37,678 19,854 |
|
During the year, no Trustees received any remuneration (2023: £nil). Additionally, no Trustees received any benefits in kind (2023: £nil). During the year, no Trustees received any re-imbursement of expenses (2023: £nil).
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Notes to the Financial Statements for the year ended 31 December 2023 (cont’d)
5. Summary of Funds
| Restricted Funds General Funds Total |
|
|---|---|
| Balance brought forward at 1 January 2024 Incoming resources Resources expended Transfers Balance carried forward at 31 December 2024 |
£ £ £ |
| - 2,660 2,660 23,528 13,058 36,585 (27,093) (10,585) (37,678) 3,566 (3,566) - |
|
| - 1,567 1,567 |
|
| Restricted Funds General Funds Total |
|
| Balance brought forward at 1 January 2023 | £ £ £ |
| 112 2,713 2,825 |
|
| Incoming resources Resources expended Transfer between funds |
7,429 12,260 19,689 (9,615) (10,239) (19,854) 2,074 (2,074) - |
| Balance carried forward at 31 December 2023 | - 2,660 2,660 |
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KEYS TO THE HARVEST TRUST
Notes to the Financial Statements for the year ended 31 December 2023 (cont’d)
6. Analysis of Net Assets between Funds
| Restricted Funds General Funds Total |
|
|---|---|
| £ £ £ |
|
| Current assets | - 1,567 1,567 |
| Creditors falling due within one year Balance carried as at 31 December 2024 |
- - - |
| - 1,567 1,567 |
|
| Restricted Funds General Funds Total |
|
| Current assets Creditors falling due within one year Balance carried as at 31 December 2023 |
£ £ £ |
| - 2,660 2,660 - - - |
|
| - 2,660 2,660 |
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