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2020-12-31-accounts

Trustees’ annual report for the period ended 31 December 2020

The trustees present the annual report and accounts of The Philadelphia Trust in Eastern Europe registered charity number 1076936.

Reference and administration details

Address

The registered address of the charity is 13 Clos Enfys, Caerphilly, CF83 1SB

Trustees

The following persons are the trustees of the charity at the date of this report and, except where stated, were trustees for the whole of the year ended 31 December 2020.

Roger Brind Derek Ford Mark Bartlett Paul Thomas Abe Samuel Emily Kate Davies Bryan Richard Jenkins Samuel Young (appointed 1[st] June 2020)

Structure, governance and management

The charity was first registered on the 6[th] June 1999 when it was allocated the Charity Number 1076936 and has the status of Standard Registration.

New trustees are appointed by the trustees, who keep the composition of the trustee body under regular review to ensure that it includes sufficient people with the time and expertise needed to manage and run the charity effectively.

The day to day running of the charity is delegated to a small management group consisting of Roger Brind, Derek Ford, Bryan Jenkins, Mark Bartlett and Paul Thomas who meet on an ad-hoc basis. In addition, all the trustees are directly involved in the activities of the charity as volunteers and therefore maintain a close knowledge of its work and activities.

Objectives and activities

The principal objectives of the charity are the advancement of the Christian Religion throughout Central and Eastern Europe and the relief of poverty, sickness and distress among people throughout that area.

To achieve these objectives visits are made to Churches for times of Bible teaching and support. Events are also arranged with churches for friendship and love to be shown to people where they are based. The

charity also arranges an annual two week Conference where representatives from the countries of Central and Eastern Europe are invited to meet for a time of Bible Study, discussion and seminar along with fellowship and the development of friendship. Practical support is also given to churches and individual people with specific needs. In addition to this a number of Outreach Events are held in various countries where the teaching of English is used as an Evangelical Tool. We also take part in a number of Children’s Outreach Events that are linked to churches in Hungary, Czechia, Poland and Ukraine.

The charity’s aim is that as many people as possible, both Christian and non-Christian, benefit from its work throughout Central and Eastern Europe. The trustees have regard to the guidance issued by the Charity Commission in relation to public benefit and are satisfied that significant public benefit is achieved as a result of these activities.

The activities of the charity depend heavily on the input of people who give freely of their time because of their commitment to the charity’s objectives. The trustees are very grateful for the input of these volunteers without whom the charity could not operate in the way that it does.

Achievements and performance

During the year 2020, due to the Covid 19 Pandemic, it was not possible to carry out the usual visits to Ukraine, Poland, Czechia (formerly known as Czech Republic), Romania and Hungary. The trustees have been able to take part in a number of Christian activities throughout Central and Eastern Europe using Online Platforms. The trustees have also taken an active part in the establishment and growth of the Antioch Bible School in the Volyn Region of Ukraine. The charity arranged an online Conference in August of this year. It was held using the medium of Zoom and was well attended by representatives of a number of countries. The Trustees have also been pleased to support the Agape Centre at Lutsk, Ukraine as they seek to care for those who are disabled and in need.

Financial review

The income of the charity arises mainly from grants made by other Christian Charities, gifts from churches and gifts from private individuals. Quite often the money received is given as support for a particular project or event and the trustees are careful to ensure that the wishes of the donors are complied with.

The charity’s policy on reserves it that sufficient funds should be retained to ensure that The Philadelphia Trust in Eastern Europe can meet its financial commitments as they fall due.

Approved by the trustees on the 11[th] September 2021 and signed on their behalf by

Paul Thomas

Paul Thomas (Trustee and Charity Secretary)

The Philadelphia Trust in Eastern Europe

Accounts for the year ended

31 December 2020

Registered charity number: 1076936

The Philadelphia Trust in Eastern Europe

Year Ended 31 December 2020

Contents Page
Statement of Financial Position 1
Income and Expenditure 2
Accumulated Funds Account 3
List of Donations Granted 3
Independent Examiners Report 4

Statement of Financial Position Year Ended 31 December 2020

The Philadelphia Trust in Eastern Europe

Note
Non Current Assets
Fixed assets
Current Assets
Bank and cash
Total Assets
Represented By
Accumulated Income Fund - unrestricted funds
Accumulated Income Fund - restricted funds
1
2020
2019
£
£
0
0
35,591
31,313
35,591
31,313
19,689
13,147
15,902
18,167
35,591
31,313

Page 1

Income and Expenditure The Philadelphia Trust in Eastern Europe Year Ended 31 December 2020

Note
Income received
Gifts UK Personal
UK Assemblies
Trusts
Net Interest
Total Income
Expenses
Administration costs
Travel costs
International conference
Printing, postage & stationery
Net Income For The Year
Donations
2
Surplus / (deficit) of income over donations
2020
£
£
9,013
2,300
28,129
39,442
12
39,454
170
2,045
8,015
0
10,230
29,224
24,946
4,278
2019
£
£
8,633
765
23,500
32,898
12
32,910
0
8,633
3,680
0
12,313
20,597
16,877
3,720

Page 2

Notes To The Financial Statements Year Ended 31 December 2020

The Philadelphia Trust in Eastern Europe

1
**2 **
Accumulated Funds Account
Unrestricted Funds
Opening balance as at 1 January
(Deficit) / surplus of income over donations during the period
Closing balance as at 31 December
Restricted Income Funds
Opening balance as at 1 January
(Deficit) / surplus of income over donations during the period
Closing balance as at 31 December
List of Donations Granted
Country Support - Hungary
Country Support - Poland
Country Support - Czech Republic
Country Support - Romania
Country Support - Ukraine
Other
2020
2019
£
£
13,147
10,025
6,542
3,121
19,689
13,147
18,167
17,568
(2,264)
599
15,902
18,167
2020
2019
£
£
1,195
400
1,015
750
0
3,145
10,015
0
12,721
5,800
0
6,782
24,946
16,877

Page 3

Report of the independent examiner to the trustees of The Philadelphia Trust in Eastern Europe (charity number 10769361 in respect of an examination carried out on the accounts for the year ended 31 December 2020 I have examined the accounts comprising the balance sheet, incon* account and notes to the accounts for the year ended 31 December 2020. set out on pages 1-3. Respective responsibilities of trustees and independent examiner The charity's trustees are responsible for the preparation of the accounts. which they have prepared on a receipts and payrnnts basis. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 I-thè Charities Act.), and that an independent examination is needed. 11 is my responsibility lo.. exarnine the accounts under secthjn 145 of the Charitie5 Act, to follow the procedures laid down in the general Directk)ns given by the Charity Commi66ion (under sèction 14515llbl of the Charit￿6 Act. and to state whether particular matters have come to my attention. Basis of independent examiner's statement My examination was carried out in accordance with general directions given by the Charity Commission. An ex8minatKJn includes a review of the accounting records kept by the charity and a comparison ofthe a￿Ount$ pr9senled with thosg rgcords. It also includes Consideration of any unusual items or disclosures in the accounts. and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidenc9 that would be r9quired in an audit, and consequenuy no opinion is givgn as lo whethei the accounts present a 'trug and fair, vigw and thg rgPQrt is limitgd lo th059 matters set out in the stslement below. Independent examiner's statement In connection wrth my examinat￿n. no matter has comè to my attention 1. which gives me reasonab￿ cause to believe that in. any matenal respecl. the requirements.. to keep accountsng records in accordance with section 130 of the Charities Act,. and to prepare accounts which accord wth the accounting records and comply with the accounting requirerrEnls of the Charit￿$ Act have not been rrEt,' or 2. to which. in my opinion, attention should be drawn n order to enable a proper understanding of the accounts to be reached. Glyn J Davies Bsc FCA CTA Ilndependent Examiner) 58 Bowham Avenue Bridgend CF313PA 30 October 2021 Page 4

Report of the independent examiner to the trustees of The Philadelphia Trust in Eastern Europe (charity number 1076936) in respect of an examination carried out on the accounts for the year ended 31 December 2020

I have examined the accounts comprising the balance sheet, income account and notes to the accounts for the year ended 31 December 2020, set out on pages 1-3.

Respective responsibilities of trustees and independent examiner

The charity's trustees are responsible for the preparation of the accounts, which they have prepared on a receipts and payments basis. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”), and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Page 4

Glyn J Davies BSc FCA CTA (Independent Examiner) 58 Bowham Avenue Bridgend CF31 3PA

30 October 2021

Page 4