CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1" January 2023 to 31. December 2023 Charlty name: The Dltch Foundation Charlty reglstration number: 1087448 Objectives and Activities SORP relerance Summary of the purposes of the charity as set out in its governing document Summary of the maln activities In relation to those purposes for the public benefit, in particular, the activities, projects or services Identified in the 8ccounts. To advance the Christian religion by providing financial support to train and educate in bible teaching skills Christian workers who are or will be involved in Christian ministry with students in Europe and the former Soviet Union. P&rn1,17 The prlncipal activity of the foundation this year has been to provide financial support to the work of Graduate Impact- particularly towards the travel and accommodation costs of IFES staff, students and graduates attending events and conferences. Para 1.17 and 1.19 Statement confirming thether the trustees have had regard to the guidance issued by the Charity Commission on public beneflt. The Trustees confimi that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit then reviewng the Trust's aims and objectives and in planning future activities and setting the grant making policy for the year. The Ditch Foundation makes grants to organisations and individuals known to the trustees to facilitate our charltable objects. No grants are mad8 In response to unsolicited applications and our funds are fully committed for the foreseeable future. Para 1.18 Policy on grant making Para 1.38 Achievements and Performance SORP ffjferenc8 Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. During 2023, the trust continued to support the minislry of IFES Graduate Impact in mentoring young Christian adults during the formative years of their professional life. Our grants to IFES Graduate Impact have helped provide invaluable support to young Christian adults in the early years of working life in more than 25 countries across Europe and Eurasia. We have also 5UPPOrted the translation of Cross-current resource5 into Spanish. French, and Portuguese, and we have supported the launch of an e-Learning course on Christianity and the environment. Para 1.20
Financial Review Review of the charity's financial position at the end of th8 period Statement explaining the policy for holding res8rve5 stating why they are held Para 1.21 We have not, in this period, reached out to any new supporters. The Irustees aim to hold beknen 6 and 12 months of funds in reserve based on the normal requirements of the work supported through IFES Graduate Impact. Para 1.22 Amount of reserves held Para 1.22 Cash reserves were £34,581 at the end of 2023. Explanalion of any unrtaIntieS about the charity continuing as a going concern The trustees are confident that the charity remains a going concern. Para 1.23 Structure, Governance and Management Description of charity's trusts= Type of goveming document I trust deed, royal charter) How is the charity constituted? Trustee selection methods including details of any constitutional provisions Para 1.25 The Gharlty is govemed by a trust deed dated 3 June 2001 . Para 1.25 The Ditch Foundation Is an unincorporated association. Appointment to the board of trustees is carried out by the current trustees with reference to the range of skills needed to govern the charity effectively. P8ra 1.25 Reference and Administrative details Charity name Registered charity number Charity's principal address The Ditch Foundation 1087478 Dove Cottage, High Street, Shipton-under-wychwood, Chipping Norton, OX7 6BA Names of the charity trustees who manage the charlty Name of person {or body) entltled to appolnt trusteè (rf any) Trustee name Offlce (If any) Dates acted If not for whole #r Timothy Vickers Andrew Evans Rupert Shelley Chair Declarations The trustees declare that they have approved the trustees. report above Name: Timothy Vickers Position.. Chair Signed: Date:
CHARITY COMMISSION FOR ENGLAND AND WALES Charity Name The Ditch Foundation No lif ArTryl 1087448 Receipts and payments accounts CC16a For the period from P&riod sta'l -4:: Peiiud onJ Jaie To 0110112023 3111212023 Section A Receipts and payments Uniestricted funds to the noarnst Reslricted funds to the nearost Endowment funds Total funds Last year to the near•st £ to the n¥wesl to th• nearosl A1 Recelpts Cferere fees tkjnations Other revenue 3.559 19.437 19A37 23,557 Refunds and Itnbursements 35,494 58,490 35,494 490 20,727 Sub total (Gross income for AR) A2 A88et and Invostment 8al•s, (see table). Sub total Total recelpts 58.490 18.490 A3 Payments Adv8rtisln and marketln f?es 171 470 Accountanc Bank fees Conference 8nd accommodatlon Goneral ex IT Software & ConsurnBbles 787 772 151 enses 95 5,056 95 7,559 S050 ONke su Poswga. Frei ht. COUrr & ststtone Resour¢¢s S,S22 S,$22 737 Salarles Subslslenc? Tde )ne & Internèt Travel- In¢emaonal Travel- S¢holarshi 206 528 880 781 before refunds and relmbursernentsl 44,825 44825 27,478 Travel- UK 150 57,759 150 57.759 97 41,473 Sub total A4 Asset and Investment purchases, Isee table) Sub total Total payments 57.759 57.759 41.473 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds la9t year end Cash funds this year end 732 732 2.811 33.849 34.581 33.849 34,581 31,038 33,849
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nèarest£ Restricted funds to nearest£ Endowment funds to noarest £ Categories Details 81 Cash funds Dltch charity account Naknt operating account Amex credit card 22.106 14.245 1,770 34.581 Total cash funds 18gree balances*th recelpls 8 Paymts accountl511 OK Unrestrlct6d funds to Thr•St£ OK Restrictsd funds to near¢si£ OK Endowment funds to neare•t£ Details B2 Other monetary assets Fund lo whl¢h aos•t b¢lon Current vglu• tlonzl Dotails Cost lopllonall B3 Invostment assets Fund to whlch •J¥•t belon Cumint v•lu• tlon•l Detalls Co•t loptlonall 84 Assets retained for the Gharlty's own U80 Fund to whl¢h Amount du• tlonal Vlhtn du• tlonal Détalls BS Llablllti•s Slgned by one or trustegs on behalf of all th8 trustees Dale of roval Signature Print Name Timoth Wickers
THE DITCH FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2023 Inde endent Examiner's Re ort to the Trustees of The Ditch Foundatlon I report to the charity trustees on my examination of the accounts of The Ditch Foundation {'the Charity,) for the year ended 31 December 2023, which are set out on pages I to 5. Responsibilitles and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,) I report in respect of my examination of the Charity's accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause o believe that in any material respect: {1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 12) the accounts do not accord with those records. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. J R Caladine FCCA CTA FCIE Caladine Ltd Chartered Certified Accountants Chantry House, 22 Upperton Road Eastbourne, BN21 1 BF Dateii