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2020-12-31-accounts

RSVP Trust

Annual Report and Accounts

2020

Registered Charity 1093860

RSVP Trust

Trustees Annual Report

For the period: 01-01-2020 / 31-12-2020

REFERENCE AND ADMINISTRATION DETAILS

The RSVP Trust

Registered Charity Number 1093860 Address: P O Box 55, Stowmarket, Suffolk, IP14 1UG

Names of the Trustees

Mr Richard Fenning 21/03/13 – current Mr Ray Meacham 15/9/13 – current

STRUCTURE, GOVERNANCE AND MANAGEMENT

Type of governing document: Trust Deed How the charity is constituted: Trust

Trustee selection method: Recommended by the director and appointed by the Trustees

OBJECTIVES AND ACTIVITIES

OBJECTS

-To advance the Christian faith in accordance with the statement of beliefs in the Trust Deed.

-To relieve poverty or hardship.

-To advance education. MAIN ACTIVITIES

ACHIEVEMENTS AND PERFORMANCE

Impact of COVID-19 upon the Charity’s activities

No overseas visits were possible in 2020. Like many organisations we explored online conferencing. The main changes were raising funds for food distribution during Rwanda’s lock down.

We fed 2,000 people for several weeks during the height of Rwanda’s lockdown. We also provided emergency food for the families of sponsored children in deepest need.

We also provided food for the women who attend our freedom project. The Freedom Project graduation where each woman is given a sewing machine was done online too.

New initiatives in 2020

We connected with churches in Burundi and provided training resources for churches there. We also did a virtual leaders day via Zoom.

The Child Sponsorship Programme in Rwanda continued during the year. We

have more than 300 children registered with the programme most of whom are being sponsored. Sponsorship meets the costs of schooling, medical care and supplementary help. All of our sponsorships are in Rwanda.

The number of sponsor children fluctuated slightly as quite a few completed their schooling. But most sponsors took on new children so the numbers were about the same.

We continue to develop partnerships with churches in Rwanda and Uganda involved with training church leaders and poverty relief projects.

We have continued to develop our partnership with Africa New Life Ministries in Rwanda and the support of an orphanage for 16 children is ongoing, although some of these children have now completed their education.

The UK outreach to women involved in prostitution has continued and staff continued visiting vulnerable women in the daytime, during the pandemic as this was seen essential to mental health of some clients. This ministry usually includes ministry to women in brothels but this was put on hold during the pandemic.

The Gifts of Hope programme continues to meet urgent needs in Rwanda the UK, supplying food, bedding, housing and other basic needs.

Freedom Project

A group helping women exit prostitution in Rwanda was pioneered a decade ago. This is based around training in dressmaking and tailoring. We have provided and maintained a pool of sewing machines and also gave each woman graduating the course their own personal sewing machine. This has enabled some of them to create a viable business as an alternative to working

in the sex trade. We continue to provide advice and resources to the group.

We continued to produce video resources online.

Two workers were deployed by the Trust and continued to pioneer new ways of communicating Christianity both in the UK and overseas. An occasional email to supporters and friends was continued and currently has just around 500 subscribers.

The Sanitary pad project continued this year which supplies sanitary products and health education to teenage girls in Rwanda.

FINANCIAL REVIEW Reserves Policy.. The Trust is vrforking towards having a policy of having three months operational costs in reserve. Details of any funds malerially in deficit: There are no funds materially in deficit. The charity maintains unrestricted and restricted funds. Please see the Summary Statement of Funds for details of the various funds. During the reporting period. across all funds the charity generated income of £126k and incurred expenditure of £116.5k, resulting in a surplus of £9.4k. Total fund balances at the end of the reporting period were £35.6k Signed Dale On behalf of the Trustees

Inde endent examlnerfs re ort to the trustees of RSVP Trust I report to the trustees on my examination of the accounts of the RSVP Trust (the Trust) for the year ended 31 December 2020. Responsibilities and basis of report As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) of the Aet. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connectron with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act" or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the appli(2ble requirements conceming 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 concems and have come acro&s 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. Signed: rcev c.f.F.A. (Chartered Institute of Public Finance & Accountancy) Address.. 24 Elizabeth Way, Stowmarket. IP14 SAX Date".

RSPV TRUST

YEAR ENDED 31 DECEMBER 2020

STATEMENT OF FINANCIAL ACTIVITIES

Income from
Donations
Sales of books and CD's
Rwanda Womans Freedom Project
Rwanda Girls Sanitary Towel Project
Rwanda Gifts of Hope
Total Income
Expenditure on
Charitable expenditure
Total expenses
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) after transfers
Total funds at beginning of year
Total funds at end of the year		 Unrestricted
funds
£
97,915
54
2,434
120
840
101,363
88,125
88,125
13,238
0
13,238
2,208
15,446		 Restricted
funds
£
24,657
24,657
28,435
28,435
-3,778
0
-3,778
23,983
20,205		 Total
£
122,572
54
2,434
120
840
126,020
116,560
116,560
9,460
0
9,460
26,191
35,651		 31/12/2019
£
117,103
172
3,235
120
154
120,784
122,398
122,398
-1,614
0
-1,614
27,805
26,191

RSPV TRUST

YEAR ENDED 31 DECEMBER 2020

INCOME AND EXPENDITURE ACCOUNT

Ministry Income
Donations and offerings
Sales of CD's tapes and books
Other receipts
Gift aid
Donations to restricted (and designated )funds
Child sponsorship - Rwanda - regular monthly contributions
Child sponsorship - Rwanda - Christmas and birthday gifts
Rwanda Projects-Womans Freedom Project
House of Mercy - Rwanda
Rwanda Girls Sanitary towel Project
Rwanda Gifts of Hope
Total Income
Less Expenses
Surplus/deficit for the year		 Unrestricted
funds
£
84,536
54
84,590
13,379
13,379
2,434
120
840
3,394
101,363
-88,125
13,238		 Restricted
funds
£
0
0
20,316
2,433
1,908
24,657
24,657
-28,435
-3,778		 Total
£
84,536
54
84,590
13,379
13,379
20,316
2,433
2,434
1,908
120
840
28,051
126,020
-116,560
9,460		 31/12/2019
£
76,610
172
76,782
14,007
14,007
22,572
2,271
3,235
1,643
120
154
29,995
120,784
-122,398
-1,614

RSPV TRUST

YEAR ENDED 31 DECEMBER 2020

SUMMARY OF EXPENSES

Minstry Expenses
Wages - advancement of christianity
Overseas missions during the year
Newsletters and Publishing
Travel and Parking
Other sundry expenses incl.bank charges
Evangelism mission costs in UK
Office and general costs
Administration wages
Postage,stationery and advertising
Rent, telephone, internet and insurance
IT Software and Consumables
Small Office equipment
Accountancy Fees
Other general costs
Depreciation
Donations sent to Africa
Child sponsorships and scholarships (Rwanda)
Child sponsorship - gifts (Rwanda)
Rwanda Projects - Womans Freedom Project
House of mercy (Rwanda)
Rwanda Girls sanitary towel project - designated
Rwanda Projects GOH - Medical Insurance
Rwanda Projects - Gifts of Hope
Donations UK
Gifts of Hope UK
TOTAL EXPENSES		 General fund
£
53,364
170
50
212
490
10
54,296
11,931
1,880
8,314
1,022
450
23,597
1,630
1,200
320
7,082
10,232
0
0
88,125		 Restricted funds
£
0
0
19,696
2,618
6,121
28,435
0
0
28,435		 Total
£
53,364
170
50
212
490
10
54,296
11,931
1,880
8,314
1,022
450
23,597
19,696
2,618
1,630
6,121
1,200
320
7,082
38,667
0
0
116,560		 31/12/2019
£
53,077
3,520
917
1,518
397
749
60,178
11,915
2,964
8,597
886
0
450
114
712
25,638
19,744
2,109
4,780
6,389
1,240
2,100
220
36,582
0
0
122,398

RSVP TRUST

YEAR ENDED 31 DECEMBER 2020

FUND TRANSFERS

General Fund
Rwanda Child Sponsorship
Rwanda Child Sponsorship gifts
Rwanda House of Mercy
Rwanda Womans Freedom Project
Rwanda Girls sanitary towels project
Rwanada Gifts of Hope
TOTAL NET TRANSFERS		 Transfers
out of fund
£
-1080
-6562
-7642
-185
-185
0
0
0
0
0
0
-7827		 Transfers
into fund
£
0
0
185
185
0
0
1080
1080
6562
6562
7827		 Net
Transfers
In/Out
£
-1080
-6562
0
-7642
-185
-185
185
185
0
0
1080
1080
6562
6562
0		 Description
Transfer to Girls sanitary towel project to cover shortfall
Transfer to Rwanda Gifts of Hope re. Covid 19 appeal
To Rwanda Child Sponsorship gifts
From Rwanda Child Sponsorship
Transfer from General funds
Transfer from General funds

RSPV TRUST

YEAR ENDED 31 DECEMBER 2020

SUMMARY STATEMENT OF FUNDS

Unrestricted Funds
General fund
Rwanda Womens Freedom Project
Rwanda Girls sanitary towel project
Rwanda Gifts of Hope
Total unrestricted funds
Restricted Funds
Child sponsorship and scholarships - Rwanda
Christmas and birthday gifts for sponsored children - Rwanda
House of mercy orphanage - Rwanda
Total restricted funds
TOTAL FUNDS		 Balance at
start of year
£
2,208
0
0
0
2,208
6,725
0
17,258
23,983		 Incoming
resources
£
97,969
2,434
120
840
101,363
20,316
2,433
1,908
.
24,657		 Outgoing
resources
£
77,893
1,630
1,200
7,402
88,125
19,696
2,618
6,121
28,435		 Transfers
£
-7,642
1,080
6,562
0
-185
185
0		 Balance at
end of year
£
14,642
804
0
0
15,446
7,160
0
13,045
20,205
26,191 126,020 116,560 0 35,651

RSPV TRUST

YEAR ENDED 31 DECEMBER 2020

BALANCE SHEET

ASSETS
Bank accounts
RSPV/Evangelism fellowship/petty cash/Paypal
Computer and Office equipment
NBV
Debtors
Gift aid tax claim
Prepayments
Total assets
LIABILITIES
Creditors and accruals
Total Liabilities
Total assets less liabilities
REPRESENTED BY
Unrestricted Funds
General fund
Gifts for sponsored children - Rwanda
Gifts of hope - Rwanda
Rwanda womens freedom project
Rwanda girls sanitary towel project
Restricted Funds
Child sponsorships and scholarships - Rwanda
House of Mercy - Rwanda		 Year Ending
31/12/2020
36,271
0
6,703
471
43,445
-7,794
-7,794
35,651
14,642
0
0
804
0
7,160
13,045
35,651		 Year Ending
31/12/2019
26,093
0
8,935
453
35,481
-9,290
-9,290
26,191
2,208
0
0
0
0
6,725
17,258
26,191

RSVP TRUST

Accounts for year ended 31st December 2020 NOTES

1 Basis of Preparation

a) Basis of accounting

These accounts have been prepared on the basis of historic cost and and on an accruals basis The accounts are in accordance with Accounting and Reporting by Charities - Statement of Recommended Practise (SORP)FRS 102

b) Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity will remain in operational exsistence for the foreseeable future. The trustees have therefore prepared these financial statements on a going concern basis.

2 Accounting Policies

INCOMING RESOURCES
Recognition of incoming resources These are included in the SoFA when
. The charity becomes entitled to the resources
. The trustees are certain they will receive the resources
. The monetary value can be measured with sufficient reliability
Incoming resources with related expenditure Where incoming resources have related expenditure the income and
related expenditure are reported gross in the SoFA.
Grants and Donations These are only included in the SoFA when the charity has
unconditional entitlement to the resources.
Tax reclaims on gifts and donations Incoming resources from tax reclaims are included in the SoFA at the
same time as the gift to which they relate.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive
obligation committing the charity to pay out resources.
ASSETS
Tangible fixed assets These are capitalised if they can be used for more than one year and cost
more than £200. They are written off over 4 years on a straight line basis.
The only fixed assets are office equipment and computers.
3Details of Certain Items of Expenditure
Related party transactions The trustees serve on a voluntary basis. No renumeration and no
reimbursement of expenses were made to them. There were no other
transactions between the charity and the trustees and/or any persons
close to them.