Anglican Missioners of Africa Development and Education Trust (AMADET)
Report and Accounts For the year ended 31 December 2022
Registered Charity Number: 1086723
Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
Reference and Administration Details of the Charity and its Trustees
Principal Address
AMADET 14 Thorn Park PLYMOUTH PL3 4TG
Legal Status
AMADET is a registered charity (no. 1086723)
Patron
Viscount Brentford
UK Trustees
The Rt Revd Tim Dakin The Revd Sally Dakin The Revd Anthony Smith The Revd John Lenton (until 9.9.22) Ann Lenton (until 9.9.22)
(Chair of AMADET) (Secretary of AMADET) (Treasurer of AMADET)
Advisers
Independent Examiner
The independent examiner is [position currently unfilled].
Banker
The AMADET bank account is at the Twyford (Berkshire) branch of the National Westminster Bank.
Structure, Governance and Management
AMADET is a registered charity (no. 1086723) constituted by Trust Deed (dated 23.4.01).
Trustee appointments are made by the Board of Trustees in accordance with the Trust Deed.
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
Objectives and Activities
Objects and Purpose
AMADET’s objects are:
-
(i) the advancement of the Christian religion
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(ii) the advancement of education
(iii) the relief of poverty. The area of benefit is ‘Kenya’.
AMADET’s overall purpose is ‘Supporting Africans in mission’. All of our activities are undertaken to further our charitable purpose for the benefit of the public. The Trustees have had regard to Charity Commission guidance on public benefit in section 4 of the Charities Act 2006. The main benefits which have arisen during the year from the organisation’s aims are summarised in the following section on Achievements, Performance and Financial Review.
Achievements, Performance and Financial Review
AMADET continues to work hard to recruit supporters and donors, channelling resources for the work of Anglican Missioners of Africa (Church Army East Africa), and making this work more widely known. We are grateful to our donors who gave generously during 2022 despite the ongoing post-Covid challenges and the rising cost of living. Our total income for 2022 was £59,003 (2021: £38,745) with £17,150 from trusts, £28,737 from churches and £11,314 from individuals. We were able to reclaim Gift Aid of £1,802 thanks to people who Gift-Aided their donations.
Our total expenditure was £43,773 (2021: £50,397) of which £43,288 (2021: £50,008) was spent on charitable grants and £485 on governance and administration costs. Of the £43,288 grants, £41,079 of restricted income was given to Carlile College and the Centre for Urban Mission, mostly designated for student bursaries; £1,084 of restricted income was given to Church Army Africa; with £1,125 other restricted funds paid to various projects in Kenya as per donors’ wishes.
AMADET’s reserves policy is to apply funds as soon as possible after they are received and therefore to have the lowest possible level of reserves. As at 31 December 2022 reserves totalled £33,893 (2021: £18,663) of which £15,909 (2021: £11,531) was represented by ‘free reserves’ held in unrestricted funds.
We produced two newsletters in 2022, each distributed to our mailing list of about 85 supporters. The newsletter can also be viewed online at www.amadet.org.uk
Going concern
The charity has no employees and few expenses. Income during the first 7 months of 2023 has held up well. The Trustees are happy, therefore, to present these financial statements with no concerns as to the ongoing viability of the charity.
Prayer
We believe that ‘Supporting Africans in mission’ implies prayer and encouragement as much as financial support. Rejoice with us in what has been achieved, and please continue to pray with us in 2023 and beyond.
Declaration
The Trustees declare that they have approved the Trustees’ report above. Signed on behalf of the charity’s trustees:
Tim Dakin, Chair of Trustees. 28 August 2023
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
Independent Examiner's Report on the Accounts
Report to the trustees of Anglican Missioners of Africa Development and Education Trust (AMADET) on accounts for the year ended 31 December 2022.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to examine the accounts under section145 of the Act, to follow the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 Commissioners. 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 material matters have come to my attention which give me cause to believe that, in any material respect, the accounting records were not kept in accordance with section 130 of the Act; or that the accounts did not accord with the accounting records; or that the accounts did not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts show 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 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.
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
AMADET - STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December 2022
| Note Incoming resources Incoming resources from generated funds Voluntary income Total incoming resources 3 Resources expended Cost of generating voluntary income Charitable activities Governance costs Total resources expended 4 Net movement in funds Total funds brought forward as reported Total funds carried forward |
Unrestricted Funds £ 4,863 4,863 - - 485 485 4,378 11,531 15,909 |
Restricted Funds £ 54,140 54,140 - 43,288 - 43,288 10,852 7,132 17,984 |
Total 2022 £ 59,003 59,003 - 43,2888 485 43,773 15,230 18,663 33,893 |
Total 2021 £ 38,745 |
|---|---|---|---|---|
| 38,745 | ||||
| - 50,008 389 |
||||
| 50,397 | ||||
| (11,652) | ||||
| 30,315 | ||||
| 18,663 |
The accompanying notes are an integral part of this Statement of Financial Activities
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
AMADET – BALANCE SHEET
As at 31 December 2022
| Note Fixed assets Current assets Debtors 7 Cash at bank and in hand Liabilities Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Liabilities Creditors: amounts falling due after more than one year Net assets Funds Unrestricted Restricted 8 |
2022 £ 0 1,802 32,091 33,893 0 33,893 33,893 0 33,893 15,909 17,984 33,893 |
2021 £ 0 2,530 16,133 |
|---|---|---|
| 18,663 0 |
||
| 18,663 | ||
| 18,663 | ||
| 0 | ||
| 18,663 | ||
| 11,531 7,132 |
||
| 18,663 |
The accompanying notes are an integral part of this Balance Sheet.
The financial statements on pages 4 to 7 were approved by the Board of Trustees on 28 August 2023 and signed on their behalf by:
Tim Dakin, Chair of Trustees
Anthony Smith, Treasurer
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
AMADET – NOTES TO THE ACCOUNTS
For the year ended 31 December 2022
1 BASIS OF PREPARATION
1.1 Basis of Accounting
These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities – Statement of Recommended Practice; with appropriate accounting standards; and with the Charities Act 1993.
Anglican Missioners of Africa Development and Education Trust (AMADET) is a registered charity (registered number 1086723). The accounts represent activities of AMADET to 31 December 2022.
1.2 Change in Basis of Accounting
There has been no change to the accounting policies, valuation rules and methods of accounting since last year.
1.3 Changes to Previous Accounts
No changes have been made to accounts for previous years.
2 ACCOUNTING POLICIES
2.1 Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
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the charity becomes entitled to the resources;
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the trustees are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability.
2.2 Tax reclaims on donations and gifts
Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate.
2.3 Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
2.4 Grants payable
These are recognised in the accounts only when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
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Anglican Missioners of Africa Development and Education Trust (AMADET) Report and Accounts for the year to 31 December 2022
AMADET – NOTES TO THE ACCOUNTS
For the year ended 31 December 2022
3 INCOMING RESOURCES FROM GENERATED FUNDS - VOLUNTARY INCOME
| Donations from individuals Donations from grant making trusts Donations from churches Gift aid tax reclaimed NALYSIS OF RESOURCES EXPENDED Grants – Carlile College Grants – Church Army Africa Grants – Other Fundraising costs Governance costs |
Unrestricted Funds £ 2,280 2,150 - 433 4,863 Unrestricted Funds £ - - - - 485 485 |
Restricted Funds £ 9,034 15,000 28,737 1,369 54,140 Restricted Funds £ 41,079 1,084 1,125 - - 43,288 |
Total 2022 £ 11,314 17,150 28,737 1,802 59,003 Total 2022 £ 41,079 1,184 1,125 - 389 43,773 |
Total 2021 £ 13,854 6,200 16,161 2,530 |
|---|---|---|---|---|
| 38,745 | ||||
| Total 2021 £ 47,983 900 1,125 - 389 |
||||
| 50,397 |
4 ANALYSIS OF RESOURCES EXPENDED
5 TRUSTEES EXPENSES
No expenses were paid to Trustees in 2022 (2021: NIL).
6 FEES FOR INDEPENDENT EXAMINATION
No fees were charged for Independent Examination in 2022 (2021: NIL).
7 DEBTORS
At 31 December 2022 £1,802 was due from HMRC for Gift Aid on donations made in 2022; this Gift Aid claim has now been paid (Gift Aid due as at 31 December 2021: £2,530).
8 RESTRICTED FUNDS
| Carlile College Church Army Africa Other Total restricted funds |
Balance 01.01.22 £ 6,573 259 300 7,132 |
Incoming Resources £ 51,890 1,125 1,125 54,140 |
Outgoing Resources £ 41,079 1,084 1,125 43,288 |
Balance 31.12.22 £ 17,384 300 300 |
|---|---|---|---|---|
| 17,984 |
At the 31 December 2022 AMADET held restricted funds for Carlile College, Nairobi, Kenya and for Church Army Africa as shown above. The amount of £300 shown under ‘Other’ restricted funds was held for St Jerome’s an Anglican Parish Church in Kibera, Nairobi.
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