Chulrnlei
Report of the Trustees and Unaudited Financial Statements
For the year ended 31st December 2020

SEEWAYTRLIST
coptrENTSOFTHEFINANCJALSTATEMEPIIS
for the year ended 31° December 2020
Page
Report oftheTrustÈeS
Ito5
Independent ExaMine￿S Report
Statement of Fiftantial Activi
Statement of ￿nanCIal Posrtion
NoteStOthe￿nanClalstat￿nts
9toll
Detailed Statement of finanaal Activit

SEEWAY7Rusr
REPORTOFTHETriISTEES
The trustees present their report and finanaal statements for the year ended 31st December 2020. The trustees have
adopted the provisions of A£countirk8 and Reporting by Charities: Ststement of Recommended Piartice appltcabie to
chartties preparingtherraccounts in accordan￿ with the Financbal Repw)FtingStsndardappli(zble in the UKand Republ1¢
of Ireland IFRS 1021 leFFective ljanuary 20151.
SeewayTTUSt ts a ChrTStian Charrty constituted under a Tntst tked dated 2e February 1999. The Trust is dedKated to
rescuing orphaned and abandoned children who live in impoverished areas of the wortd. The principal aim is tts provide
these children with food. a home as part of a carin8 famity. a gc#)d edutration and a fithre in line withthe Trusts
objectsves which are..
the adwdncement of the Chri￿1•fi religion worl￿de.
the refief of persons who are in need, hardship or distress arKI
the èdVanceTh￿nt of edLKation.
Thls is belng athleved by developing strong links with long-term mtssionar￿S to identify areas of need. establrsh
orphanages, build and equip medtcal and education facilÈknes fvrthe public beneftt. Where appropriate. nor
government organisations ING(Ys1 are set up with a voluntary board of directors made up of key l¢xal members of the
commun5ty who work with the massronaryto oversee the dayto dayopwattOn5, erwre the fvnds are used fortheir
designated PUTpose and report back to Seeway TrusL
The Servi￿ offered i5 available to orphaned or abandoned children regardless of race. gendèr. dr5abilty or religlon.
Projects are developed wtth regard to the (*arity Comrntssion's guidance on wbltc bengftt and the trustees ensureth*
all work Underta￿ is in linewth theT￿￿S tharÉtrble objects and aim
Both the initial donation and add￿(Ma[ amounts donated Sin￿ have been undertern)s whith allow the Trustees to
ètther retsin the amounts as CaPTtal orto Spend them. The Trnstdeed 8￿￿ the Tnjstees the pvwerto appWthe fund5 tn
suth a mannerès thèy think fft for the benefft of any tharltsble objert or purpose. The TNstees identify projects and
orgaDÈsations they wtsh to support andtheTru5t ts not in a ￿trOn to make grants to organigtion5 who app
speculativejy.
Procedures and policy for grant making
Seeway Trust is committed to providing long-temi financÉal 5UPPOrt to ensure the continutyof are fororphaned and
abandoned ¢hiklreD- currently in Ghana. Tanzania. Ukraine and Jmbabwe. To this end. the Trustees meet regularly to
receive report5 and review the level of 5UPPOrt based on th￿￿tI￿$ received tts date. The Trustees obtain written
report5 on the artu31 use of the grants given and the ach[￿em￿￿ made. Grants to Tanz3ni3, Zimbabwe and Ghana are
made monthly. Grantsto the UkFaine are made ann4￿1¥.
SeewayTrust depends on regUlardc*￿tI0nstO pr(Nide consstent SUPPOrtto ensurethe eortinuity of care tor orphaned
and ab3ndoned children. The success of the work ts based on and determined by the ￿latIonShipS between Seeway
Trust UK, the existing teams in Ghana. Tan2ar4ia. the Ukraine and Jmbabwe and the donor5.
While the Trustees are deepty moved bythe pli8ht of children Fn TKdrtom count￿. theTru5t does not havt thè
resources availab￿t0 provtde emergen¢yfvnd4
Public benefft
The CharJtyèckr50￿edgeS its requiremertto derr￿)n￿te dearlythat it must have ch3ritable purposes or"alm< that
are for the public benefft. Detsils of how the Chai¢ty ha$ 3thteve(l this are providèd in the Trustee￿ report. The
Twstees confim thatthey have paid due regard to the CharityC(Nnmission guida[￿ on pl￿1[C benefft before deiding
what activities the Charsty should undertake.
Pag¢ I

SEEWAYTRU
forthe year ended 31 December 2020
Achle%*mwrt and Perfomwxe
Charitable activities
The Trust Continues to work in partnership within Afrts and the Ukraine.
L GHANA
Bawjiase. Central Ileglon:
The Country*dÈ Childrett'5 Home has been supported lrythe Trustsin￿ 2(m, with deueasing amounts offundin8
gNen as each young person has either left the Home to pursue further education orto attain work. Those who have
moved on still revisit the Home and the T￿￿[ retains an intttèst in their petsonal de¥elopmenL
liural (krtreath Foundatm (ROF) based in Actra has be￿ visiknng rural viElages and towns on a r4uFar ba515 for over 15
aT5, Starting Churches and being a part of devekjpingthe Spiri￿al dimension of those who INe there. In working with
the Child Evan8elism Fellowship as well. thildren are also reathed. taught and encouraged In theif own spirttuèl 8rowth.
The TtpTeam ￿ a new extension of the ROF and SEEWAyTrL￿With the CTIW (Children & Teerts tn Wor5hipl. The team
ha5 been registered as an NGO in Gharta from February 2020and togetherthe ￿teaM 5eek5 to improvethe educational
and spirbtual devek)pment of children as supported by any of the trt partied agencie&
The North Iworknng with Christ Lfft Community (hurthl (ICC Thi5 is a new work for Seeway in as much as CLCC has
be8un to open Churches and provide Gospel training forAdults and Sunday School teathingfor around chlldren
across 5 Churches that currently meet under trees. The Trust has enabled training to take place for Sunday school
teachers, AdulttrdÈnirkg tn the Christian faith. Baptisin& purchase5 of a Bicycle and Motorbike forease of tr4rk4portation
over a huge geograph5LBI area, and is currentty helprngto raise fvnds for Social Enterprise sustsinabllityto take place by
buying and plantin8 Coconut tr
I TANZANIA
The Partnership enjoyed WTth SeewayTan2ania hzs rh)w been in eX￿tsn￿ 5iTh￿ 2005. Et ts a h[[ge￿ successful work In
northern Tantsnia whereby rescued children of all ages to adulthood have been supported. cared forand educated.
Families have a150 been supported by the butlding of goat Sheds and giving other5tcKk so asto grow on and bring extra
incomes in forthemsefves. Although not a$ 4ffpcted as SOW￿ other countri￿, theCry*id pandemic has stopped èll usual
visltors coming tothe Home to help wtth the work of SeewayTan28nk3.
On a positive note,Trhase 2 of thèJSS ha5 be8un to be buift Trn Ortober 2020.
3. ZIM8A8WE
Work6ftÈ with the Rehoboth Mlntstry in Bulawayo. ￿rnbab￿ sints 2010. Mark and Dorcas Nicholson have adopted and
ared for, currentty. 9 children who make up the Nichotson family. Eath child is educated and provtded with a loving
close fami￿ unti. SeewayTnJst provides part otthe overall fv[￿ing that Re￿)I￿)th [￿lue each rn(Jnth and regular
Newsletters are received from them.
L(fe in Zimbabwe. is not atall as we know it tn the UK. Inflated Pri￿ on all goods, utilitie5 and food has conslstentjy
proved eXtreffle￿ thallen8inB forthe familyfor a very k¢ng time. howeverthey do stand as a testimony to many other
local people that God is indeed theirsupplter. as both Mark and Dorcas are people in helping many other local folk in
Meeting their nee(ts.
This year ha5 seen every aspect of life severety affected bythe Covid pandemK on top of the usual hardshsps.
4. UI(IIAINE
2020 h3s proved to te a diffictFIt year in the Ukraine. Because oFthe Covtd pandemicthe Governmerrt shut down all
means of Church activityforfÈeding thildren and aduks. Even $0 the Church supported by the Trust caffied on helping
by prowdingfood rations ti¥1￿ a mryrth enou8h to keepthe familTe5 and chIld￿n fed.
By making excess crops available. the thildren and famTi could come and help themselves rf need be.
In summory. abroad, Seeway Trust continues to develop retationships ￿ like-minded indigenous people in developing
countries who have a heartto"rescue chlldren". We are extremety grateful to all oursupporter5 who are so Benerous in
their giv4ng. Through the*r finanaal suppor¢ we are able to provide +￿Inerab1È children with a safe home, a hope and
futltre, while showin8 them the praetital outworknng of the love of our Lord Jesus Christ thus enablingthem to become
responsible adttlts. capable ofcaringfortheir ovffl families on attarnrng adulthood. At home, SeewayTrust ffjntinue5 to
WO￿ wtth individuals and tocal Churthes who PFacbcalty partner with theTru5tto enable so muth more to be done.

SEEWAYTrUST
REPORT OFThETRusfEE5
forthe year ended YIM Decem￿ 2020
Contributsons mode byvolunteers-The Trust is verygrate￿I to all its v0￿nte*rS who provide theirtyme and expertise.
Benefft in kind-office Spa￿ is donated with a contributrontQ4Y4rds the telephonefinternet costs beingthe only liability.
Heat. light and Water8￿ induded in the donated spacL
The Trust has a polity of remitting any restricted donations deared throu8h the bank on the next due payment date.
The exception to this is fimbabwe as the beneficiaries have requested that SeewayTrust hold on tofunds received over
and abovE their regular grant to assist their budgeting. TheTrust ha5 no permarsent endowmeni orfixed assets.
The nèt incomin8 resour￿. after grants ènd operational expprw of £79S251201*. ￿l.135)fOrth8 yÈar w?5 £4,965
12019.. oul80ill8 £12.9)71.
Reserves- The tnjstees have a reserve5 policy whith requires that rese￿￿ be malntsir*d at a level whKh ensure5the
organisation's core activity ctyjld continue durin£ a period of unforeseen difficulty. The reselves are maintsined in a
readily realisable fom). The calcuFation of the required level of reserves is an integral part of the organisation's plannin
budget and forecast tyde.
It takes into account-.
l. Rlsks assoaattd wtth each stream of income and exper￿[￿re bei￿dIfferentfrOM that budgeted
planned èctNity level
3. Organlsation's commitments
The level of Unrestricted reserves a5 at 31" Decern￿r 2020 is £9.653
Future plans
The Trustees intend to continue pru¥iding grants in a similar way while retsining fl￿b}Irty as to the timin& and scale of
grant making.
Independent Examiner
The Trustees intend to invitethe existinB iT¢dependent examinerto undertakethe independent examinatlon of theTTU5t
in the folkswing year.
RlskAssessment
The TrtFst is aware that theworlthde activibes a￿ subiett to 4nTFKant risks and theTeftJre rewewthese risks on an on-
80inE basis to ensure adequate systems and pr￿d￿re$ are in pla￿. ff key objectives are to be achieved, the trustees
accept that the management of risk is ine4itabte. The risksthat have been identrfted are:
nancial- sufficient funds area¥aUat4e to fvlfill the aims of the tharity.
Operational- risks to volunteers. particularly irt areas of unresL
Achievement- erLsurin8 our aims and obJ'ecti¥es and expectthns of supp)rteY5 are met.
In reviewlngthesÈ ri5k5. we ensure:
U05e monitoring ofcash flow and adherenceto agreed budgets
Regular monitoring of projects oversees throtryh key reporting and vi5Tts
Regular assesSm￿t to ensurfng existÉrbg and new projects confom to the gvernll objettwes of the tharlty.
Go¥emlngdo¢ument
SeewayTrust is a thristian CharÉty Constit￿ under a Tr4tst Deed dated 2V Febrnary 1999.
The trust deed prowdes for a minimum of 3 fru5tee5. Wherethere is a requFrement for newTrustees, these would be
identsfied and appointed bythe remaining Trustees. The Trustees a￿ unpaid and detaiLs of trustee eypenses and any
retated partytransactions are *fisdosed in SertN)n C. Note 28 to the accounts.

SEEWAYTRU
REPORTOF THETRiISTEES
forthe year ended 31" December 2020
All Tmsteès arèsubiect to a checkthrough the 0￿ClOSure and Barring ServKe. The Chair of Trustees is responsible for
the induction of any new TTUStee which involve5 awarene55 of a Trustee's responsibilities. thè governing documen¢
administrative procedvres, the history and approach of the tharity. A newTrustee receive5 (wies of the previous yearfs
annual report ¥nd accounts and a copy of the Charity Commission leafiet Ihe Essential Trnsteè: What YOLJ Need to
Knov/ togetherwith copies of the prevh?us yearfs minutes of Trustee Th￿Ing5.
Futu￿ pl4n5
The Trustees intend to continue pru4iding grants In a slmilar way while retslning flexiblltty as to the timin& and Scale of
grant making.
Chartty law requires the TDJstees to prepare financial state1T￿nts for each finandal year which show a true and fair vlew
ofthe stste of affrdir5 of the charity and its finantial athvsbesfor that period. In prepari￿ those financial statements. the
Trustees are required to:
seFett suitable accounting po15C5es and then appfy them consistenty.
makèjudgments and estimatesthat a￿ reasonable and prudent:
state whet￿r appltcable accounting standards and statements of recommended pradice have been followed.
subject to any dèpartures disc105ed and explained sn the financtal ststements; and
prepare the financial statements on the 80in8 COn￿M basis unless it is inappropriate to presume that the tharlty
will contÈnue in gpeFational existen￿.
The Trustee5 are responsible for keepÉng proper accounti￿ records which disdose with re350nable accuracy at any tlme
the financial po5itÉon of the chatity arml to enablè them to ensure that the financial tstements compty with the Charities
Art 1993. They 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 wregulariti

SEEWAYTRusr
REl￿RTOFThE TRUSTEES
for theyeareth 31# December 20ZO
Reglstered name
Seeway Trust
Re¥i5tered awlty number
1047868
Principal address
Ford House
Eggesford
Devon
EX18 7JY
Trustees
14ame
Mrs Salty BaiAborou8h
Mr Frank Afriwe
Mr George Bainborou8h
Mr Anthony Cordon
Chair
Treasurer
Independent Examiner
Magrtrus Proctof FFA
L¢ndisfaTne
Landkey Road
Barnstaple
Devon
EX32 98W
Bankers:
The Co-operative Bank
PO Box 250
Delf Hotsse
Skelrnersdale
WN8 6wr
Approved bythe board of tnL5teeson Marth 2021 and 4ned on its behawby.
George 8
int?orouBh. Chair
Page 5

INDEPENDEKfEXAMINERSREPORTTOThETRLIStEE50FSEEWAYTRUST
Indepettdent &Yamtner's iewt ta thetru5tees ￿ SeewayTntst
I report to the charitytrUst￿ on rny eyamination of the ¥counts of SeewTrust (the Tn￿) for the year ended 31st
Decembef 2020.
ResponslblHtles and Iwis of report
As the tharity trustees of theTTU5t you are resP￿s1b1e forthe prep3r*ion of the a(tounts In accordance with the
requirements otthe CharltaȥArt 2011 l%he Arfl.
I report in respett of myexamination of theTrust¥accout)tscarried out under section 145 of the Act and in (orrylnE out
myexamination I havefollowed all appfKable Direction5 ￿en bythe Charity Commission undersection 14515llbl of the
Independent examinerfs statement
I have completed my examination. I confimi that no material matters have ¢ometo my attention in ¢onnection with the
examination giwn8 me ouse to be1￿èthat in any rftaterial respecL
accountingrecords wère not keptin respertof theTrustas required bysertion 130 of the Act; or
the accounts do not accord wth those records.or
theaccountsdonotcomplywrththeapplicabFe Tequiremerrtsconterningtheforniand contentof a¢¢ounts5et
out in the CharitFes (Accounts and Reports) RegulatFons 2LW other than any requirement that the accounts
give a trueand fairvsewwhith 15 not a matterconsidered as partof an independent examination.
I confirm that there arè no£*her matter5 to whith wUrattentI￿ Should be draT*m to enable a proper understandin8 of
the accounts to be reath
Signed:
Magnus Proctor FFA
Fellow of the In5tiiute of Flnan¢ial Accountants
Lindisfame
Landkey Road
Barnstsple
Devon
EX32 98W
3 Marth 2021
Date..

SEEWAYTrLisr
ATEMENfoF FINANCIALAcriviriES
forthe Year Ènded 31" Detember2020
20
nds
Oonatlonsand legacies
Investment income
6357
78,111
84.468 58,222
6379
78.111
84,49LI
58.228
Raising funds
Charitable actiwitie5
Advancementof thechristlan Faith
77.637
79.525
71,135
77.637
79,525
71.135
Net Incomln81 (Outy*l resour
4.491
474
4.965 112,907
Transfer ttheen funds
(4.649)
5,123
4.965 112,9071
Reconcifth of Futtds
Total Funds brou8ht forward
9,811
25.271
38,178
9h53
ZOM3 30236 15271
Thenotesfompartoftheseflnancwls￿￿rtS

SEEWAYTRusr
srATEMENfoF FINANaALposmoN
At 31° De£ern￿r 2020
2019
Totsl
funds
funds
CurrentAssets
Debtors
Castf at bank
206
9.697
1.7(N)
,883 28.580
24,557
9.￿3
30A86
25,521
Curren* Lial)Ilities
Amounts falling due within one year
{2501
{250
12501
Cur¥entAssÈts less Ctsrrent Liabifrties
9.653
20583
30.236
25271
Total Assèts less Curvwrt UaknTrtles
9,653
20.583
25.271
Funds
Restricted funds
Unr£stricted funds
15.460
9,811
9.653
9.653
Total fun(ts
9,653
20583
25.271
The financial statements were ap
¥ed bythe 803rd of T￿￿tee5 on Marth 2021 and were signed fft tts behalf by:
George Bainborough
Chair
/J'il
Page 8
Thenotesfompartofthe5efinaftc4alsfaiwMts

SEEWAYTRusr
L kcounting PolKie5
The financial ttatements of the chartty, which 15 a public bet7efft enttty under F115 101 have been prepared in
accordance wtth the tharities SORP IFRS 1021 'Accounling and Reportlng by CharitiÈ5: Ststement of
Recommended Prattl￿ applicable to th3fFbe5 preparing their accounts in accordan￿ vrith the Financial
Reporting Standard applicable in the UK and Republic of Irdand IFRS 1021 (effective l Jansjary 20151,, Fsnancial
Reporting Standard 102 Yhe Financial Reportin8 Standard applicable in the UK and Republic of Ireland, and the
Charrties kt 2011. Thè financial statements have been prepared underthe htstorical c05t convention.
The trustees consider thatthere aTr rn) material uncertaintie5 about the charivs ability to continue as a going
concern.
In¢ome
All income is recognised in the Statementof Financial ACtfvI￿ On￿the thaiity has entitleme¥rt to the fvnds. It
is probable that the income will be received and the amount can be measyred reliably.
Liabilities are recwiised a5 expenditure as soon a5 there is a leeal or Constru￿ obti8ation commithng the
tharitytothat expenditure, Ft is probablethata tran5Fer of econom￿ benefits be requir¢d in Settlement and
the amount of the obligation can be measured reliabty. Expenditure isaccounted fr)r on an ac£ruals basis and has
been classtfi*d under headings that aggregate all c05t related to the category. Where costs cannot be directly
attribu￿ to particular heading5 they have been allocated to aCbvIt￿ on a basis consistent wFth the use of
resOur￿s.
The charity is exempt from tax on its charitable actNitie
Trade and other debtors are re¢o8nised at the settkn￿nt aThKwFEL Prepayments are valued at the amount
prepatd.
Cash at bankand in hand
Cash at bank and in hand tndltdes cash. current bank attounts and depoyt bank accourrts with no withdrawal
limitations.
Creditors arè recD8nised where then charity has a present oblbgation resutting from 3 past event that will result
inthetransfer of hjndstoa third partyandtheamountdue tOsett￿theOb1i￿8tyOn (an be me35ured orestimatèd
reliabty. Credttor5 are recognised at their settlement amount
Fund ac¢ountln8
Unrestricted funds can be used in accordancÈ with the charitable objecknves at thè discretion ofthe trustees.
Restrirted fvnds can onty be used for particular resiTitted purposes withift the objects of the dwrity. Restrictions
arise when spetified by the donor or when hjnds aFe rdssed for partirJJkr restricted purpose%
Further explanation of the natt￿￿ and wrpjse ofeath frjnd is iFx4uded in the notesto the financial statemen
ThenotesformpartofthesefinancialA*m*s

SEEWAYYRusr
2020
Donatlons
GiftAid received
5,202
1,155
71.287
6,824
76,489
7.979
6,357
78.111
Donations
Gift Aid rÈtsNed
8.ni
1,249
43.823
4.439
52,534
5,688
4&262
2020
Intefest income
22
Interest income
Church tharitable actV4rtie5
Support costs
77,637
77.637
77,637
79,525
2019
Churth tharitsble activities
Support C05tS
67,9
67.956
3.179
3.179
3,179
67.956
71,13S
S. Analysls of>wport wsts
Independent examiner
offi￿ costs
Trustee expenses
Bankfees
L617
1,554
1,353
22
21
3,179
2020
2019
PrepayTnents and acuued income
ThenoteSft)M￿rtOfthesefinandalsl*Dr￿iS
Page io

SEEWAYTRU5r
NOTES TO THE F114ANaALSTATEMENTS
2019
Accruals and deferred income
250
250
250
Mo¥ement lft Funds
Balan
UnrestrfctÈd Funds
General Fund
Rese
31" Dec 2020
9.653
9,811
6.379
11.8881
14.6491
Totsi Fund5
9.811
6.379
limi
14.6491
9,653
UnreStrIct￿ Funds
Balance
i"Jan 20
3.619
Ewdlture Transfe
Balan
31" Dec2019
9.811
General Fund
ReseNè
13.1791
Totsl Fund5
12.749
13.1791
14.r251
9,811
Balance
l Jan 2020
43
Balan
31" Dec 2020
1,792
10,801
Ghana
Tanzania
Ukrnine
Zimbabwe
Project Exodus
11,889
I￿.688)
144.3911
(1.9811
(16.177)
li.4￿)
(1801
469
1.512
16,830
6.637
396
1146)
100
Total Fund5
15.460
7&111
177.6371
4.649
20.583
Restrkted ￿ndS
Balan
I"Jan 2019
Ghana
Tanzania
Ukraine
Zimbabwè
Project Exodus
31" Dec 2019
43
8.382
7,966
25,423
1,272
18,170
113,5511
129,2921
{2.0321
{22.976}
1105}
3.918
12.253
707
li
6.637
396
Totsl Funds
25.429
53262
167.9561
4,725
15.460
None of the tnjstees have been paid any remuneratron or receNed any beneffts from an employment with the
charty or a related entity.
P3ge li

SEEWAYniusT
20
Dunations and le8ades
Donations
Grfi Aid receNed
76,489
7,979
52.534
5,688
58,222
Investment incorne
It)terest recelved
22
To>1 incoming resources
58.228
FurKlroisin8 Costs
Charriable artivitie5
Ghana
Bawiiase Home
ilage school ROF
Vlllage school ROF education
General expense5
Tan&inia
Sponsorship
Education
Rebecca
Extras
General èxpenses
Ukraine
GenerHI expenses
Zlmbabwe
General exper
Vehtclè Costs
School costs
Property costs
422
4,499
789
3.180
3,512
6,070
6,723
10,039
7,011
1,925
3.125
22,291
9.383
6.023
1,2
11686
2.032
2,032
10.605
17,976
250
750
461
4,711
Projert Exodus
105
77fi37
Support costs
Independent examiner
Offi¢e ¢osts
Trustee expenses
Bank charges
250
1.617
250
1,554
1.353
22
3J79
21
Totsl resour￿5 expended
79￿5
7L135
P4et Incamirylloutzoi￿) res￿
4965
1490
Page 12