## _**The Tew Trust**_
Registered Charity No 1076528
Ailsa Craig Greens Lane Wroughton SWINDON SN4 0RJ
## **Accounts - 31[st ] December 2021**
## Legal and Administrative Details
## _**Trustees**_
Mr Paul A Tew (Chairman) Dr Marilyn W Tew Prof David P Tew Mrs Elizabeth M Jennis Mr Philip J A Tew Miss Esther S Tew
## _**Registered Address**_
Ailsa Craig Greens Lane Wroughton Swindon SN4 0RJ
## _**Registered Number**_
The Charity is registered with the Charity Commissioners number 1076528
## _**Bankers**_
Nationwide Building Society PO Box 8888 Swindon SN2 1TS
## **TRUSTEES REPORT**
## _**For the Year Ended 31[st] December 2021**_
The Trustees submit their annual report and financial statements for the year ended 31[st] December 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements for the charity.
## _**Governing Instrument**_
The Tew Trust is a registered charity and was formed under a Deed of Trust dated 1[st] January 1999. The legal and administrative details of the charity are shown on page 1.
## _**Trust Objectives**_
The trust was formed with the following objectives:
1. The advancement of the Christian religion by any means whatsoever (but not by way of limitation) the preaching and proclaiming of the Christian Gospel and the teachings of Christian doctrine and principles and the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature by grants to churches, Christian organisations, groups or individuals in the UK or overseas.
2. The relief of financial hardship by providing money or grants directly to beneficiaries or by supporting other organisations which exist to provide help for such people.
3. Other charitable purposes for the benefit of the community by any means whatsoever including (but not by way of limitation) support for the relief of old age, sickness or disability where there is no financial hardship; the resettlement and rehabilitation of offenders and drug abusers; the homeless; and the provision of relief for victims of natural or civil disasters.
## _**Review of Activities and Future Developments**_
The Statement of Financial Activities for the year is set on page 4 of the financial statements.
The income for the charity for 2021 was £36,211.42. All grants totalling £51,890 were for public benefit. The major grants totalling £48,280 were for Operation Boaz in Burkina Faso.
The Trustees continued to make grants to: Open Doors UK & Ireland for work in Pakistan; International Justice Mission; Willows Counselling Service and Dressability, with additional one off support for Shelterbox.
The Trustees continue to make grants to individuals known to them who were in financial hardship.
The Tew Trust continues supporting the Operation Boaz in Burkina Faso and its associated child sponsorship and education programme. Mrs Marie To, a friend of the trustees and retired mid-wife, has a vision for reducing infant deaths in Burkina Faso, and through child sponsorship improving the communities through sustainable development and education.
During 2021 gifts were channelled to Operation Boaz through to Alliance Missionaire International (AMI). The Trustees continue to receive regular reports from Burkina Faso regarding the progress of the project and of the children being sponsored. Support was provided to 18 Primary School children and 20 Secondary School children as well as providing additional support like sewing machines, bicycles and livestock for sustainable development. There was continued progress on the building of the school and the Trustees are in direct contact with AMI regarding the continued progress.
Page 2
During 2022, the Trustees expect to continue supporting the needs of primarily Christian charities and individuals already known to them, as well as acting as an intermediary for the ministry in Burkina Faso. The Trustees will take an active interest in the school project for Burkina Faso and the children being sponsored. However, there is uncertainty in the country due to instability and the spread of Islamic extremists.
## _**Income Generation**_
Income generated through gifts and donations totalled £36,211.42. Donations and income came from the Trustees, individuals making designated gifts, and interest. £2130.58 was reclaimed from the Inland.
## _**Resources Expended**_
There was no expenditure on fundraising or administration.
## _**Reserves**_
The policy of the Trustees is to build a small reserve from which they can make a substantial grant in the future.
## _**Risk Management**_
The charity exposes itself to minimum risk by using a Nationwide Business Investor account.
## _**Fixed Assets**_
The charity has no fixed assets.
## _**Trustees Responsibilities**_
Charity law 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 of its financial activities for that period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding any assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
By order of the Board of Trustees
Paul A Tew Chairman
1 March 2022
Page 3
## **Statement of Financial Activity**
|**Incoming Resources**
Donations and Gifts
Inland Revenue
Interest Received
**Total Incoming Resources**
**Resources Expended**
Charitable Expenditure
Administration and Expenses
**Total Resources Expended**
**Net Incoming Resources for the Year**
BALANCES brought forward
**BALANCES carried forward**
**Charitable Expenditure**
Grants to Charities
Grants to Individuals
**Total Charitable Expenditure**
**BALANCE SHEET**
FIXED ASSETS
CURRENT ASSETS
Bank and cash balances
CREDITORS
**TOTAL ASSETS**
Approved by the Trustees
Paul A Tew - Trustee
Marilyn W Tew - Trustee|**2021**
Unrestricted
Restricted
Funds
Funds
Total
£
£
£
3005.00
31060.00
34065.00
2130.58
-
2130.58
15.84
-
15.84
**5151.42**
**31060.00**
**36211.42**
3610.00
48280.00
51890.00
0.00
-
0.00
**3610.00**
**48280.00**
**51890.00**
1541.42
-1965.58
-424.16
36189.04
-16129.08
20059.96
**37730.46**
**-18094.66**
**19635.80**
3410.00
33025.58
36435.58
200.00
0.00
200.00
**3610.00**
**33025.58**
**36635.58**
**31st December 2021**
-
-
-
1966.38
2415.00
4381.38
0.00
0.00
0.00
**1966.38**
**2415.00**
**4381.38**
1 Mar 22|**2020**
Total
£
19037.00
0
161.13|
|---|---|---|
|||**19198.13**|
|||73545.00
0.00|
|||**73545.00**|
|||-54346.87
74406.83|
|||**20059.96**|
|||73465.00
80.00|
|||**73545.00**|
|||**2020**
20059.38|
|||0.00|
|||**20059.38**
|
|||Page 4|
## **Notes to the Accounts**
## **For the Year Ended 31[st] December 2021**
## **1 Accounting Policies**
## **a. Accounting Convention**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice – Accounting for Charities and with applicable accounting standards.
## **b. Income and Expenditure**
Donations are accounted for when received by the charity. Expenditure is allocated to the relevant category in accordance with guidelines agreed by the Trustees.
## **c. Designated Income**
All designated gifts are recorded in the ledger and treated as restricted income under accounting procedures.
## **d. Taxation**
The charity is entitled to receive refunds of income tax on gifts made under Gift Aid. Income tax refunds from the Inland Revenue are treated as Unrestricted Funds.
## **2**
## **Designated Giving**
The charity encourages the receipt of designated gifts providing the designated recipients fall within the objects of the charity as defined in the Trust Deed. Designated gifts are treated as Restricted Funds, and any income tax recoverable from the gift is treated as Unrestricted Funds, and allocated to the designated project or person at the discretion of the Trustees.
## **3**
## **Remuneration**
None of the Trustees received any remuneration or expenses from the charity during the year.
Page 5
**4**
## _**Independent examiner's report on the accounts**_
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name The Tew Trust **members of**
**On accounts for the year Charity ended**[31][st][ December 2021 ] **no (if any)**[1076528 ] **Set out on pages** 1 - 5 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2021** .
**Responsibilities and** As the charity trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
~~[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]].~~ _Delete_ [ ] _if not applicable._
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect,:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
* _Please delete the words in the brackets if they do not apply._
**Date:** 15/09/2022
**Signed:**
**Name:** Martin Shipp Accountant - ICAEW **Relevant professional qualification(s) or body (if any): Address:** 18 Orchard Avenue, Thames Ditton Surrey KT7 0BD
**5 Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here details of any items that the examiner wishes to disclose** .
fV•y
Q8D
Di%LIosupo
[lY crJmpW• l fft• n••d¥ rnatt•rn ol c¥Jncwn18•0 CCJI
Irthpvno•nl 8MIr)n dmthns *rbJ fry
•mir1
that th •x•nhwr