## **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
- Supporting evangelists
- Gifts of Hope emergency relief scheme (Rwanda and UK)
- Orphanage Project (Rwanda)
- Ministry to prisoners (UK & Rwanda)
- Ministry to prostitutes (UK & Rwanda)
- Ministry to addicts (UK)
- Child Sponsorship Scheme (Rwanda)
- Development of poverty relief projects (Rwanda / Uganda )
- Missions to other countries (including USA/Africa/ Europe/Asia and within the UK)
- Church Leadership conferences (UK & overseas)
- Mobile Bible School (UK & overseas)
- Publishing Christian Literature and digital media
## **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.|