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2021-12-31-accounts

RSVP Trust

Annual Report and Accounts

2021

Registered Charity 1093860

RSVP Trust

Trustees Annual Report

For the period: 01-01-2021 / 31-12-2021

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 Mr Tony Ingham 15/11/21 - 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 2021. We used more online conferencing. We also relieved poverty in Rwanda for individuals in extreme difficulty - without food for example.

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 2021

We connected with churches in India and provided training resources for churches there via Zoom conferencing.

The Child Sponsorship Programme in Rwanda continued during the year. We have about 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. Some sponsors took on new children but the overall numer of sponsored children was reduced slightly.

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 and left the project.

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 the sex trade in Rwanda was pioneered over 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 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 working towards having a policy of having three months operational costs in reserve.

Details of any funds materially 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 £93.6k and incurred expenditure of £107.2k, resulting in a deficit of £13.5k. Total fund balances at the end of the reporting period were £22k

Independent examiner’s report 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 2021.

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 carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’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 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 applicable requirements concerning 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 concerns and have come across 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.

RSPV TRUST

YEAR ENDED 31 DECEMBER 2021

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
£
68,888
11
2,268
120
200
71,487
83,348
83,348
-11,861
14,880
3,019
15,446
18,465		 Restricted
funds
£
22,145
22,145
23,866
23,866
-1,721
-14,880
-16,601
20,205
3,604		 Total
£
91,033
11
2,268
120
200
93,632
107,214
107,214
-13,582
0
-13,582
35,651
22,069		 12/31/2020
£
122,572
54
2,434
120
840
126,020
116,560
116,560
9,460
0
9,460
26,191
35,651

RSPV TRUST

YEAR ENDED 31 DECEMBER 2021

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
£
58,263
11
58,274
10,625
10,625
2,268
120
200
2,588
71,487
-83,348
-11,861		 Restricted
funds
£
0
0
19,112
1,920
1,113
22,145
22,145
-23,866
-1,721		 Total
£
58,263
11
58,274
10,625
10,625
19,112
1,920
2,268
1,113
120
200
24,733
93,632
-107,214
-13,582		 12/31/2020
£
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

RSPV TRUST

YEAR ENDED 31 DECEMBER 2021

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
£
53,713
260
0
0
341
0
54,314
12,391
1,561
8,570
1,122
0
450
0
0
24,094
1,840
1,200
300
1,600
4,940
0
0
83,348		 Restricted funds
£
0
0
17,404
1,692
4,770
23,866
0
23,866		 Total
£
53,713
260
0
0
341
0
54,314
12,391
1,561
8,570
1,122
0
450
0
0
24,094
17,404
1,692
1,840
4,770
1,200
300
1,600
28,806
0
0
107,214		 12/31/2020
£
53,364
170
50
212
490
10
54,296
11,931
1,880
8,314
1,022
0
450
0
0
23,597
19,696
2,618
1,630
6,121
1,200
320
7,082
38,667
0
0
116,560

RSVP TRUST

YEAR ENDED 31 DECEMBER 2021

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
£
-1700
-1080
-2780
-8868
-228
-9096
-228
-228
-5784
-604
-6388
0
0
0
-18492		 Transfers
into fund
£
8868
228
5784
14880
604
228
832
0
0
1080
1080
0
1700
1700
18492		 Net
Transfers
In/Out
£
8868
228
5784
-1700
-1080
12100
604
228
-8868
-228
-8264
-228
-228
-5784
-604
-6388
1080
1080
0
1700
1700
0		 Description
Trf from child sponsorship due to error with bank rules and donations no longer child sponsorship
Trf from child gifts incorrectly analysed/errors with bank rules
Trf from HOM - donation Bonnet fund child sponsorship 2017-21 taken frm gen.funds
Trf to Rwanda gifts of hope to cover shortfall in donations for monies sent out
Trf to Freedom Project to cover shortfall in donations for monies sent out
From House of Mercy for child Sponsorship - Bonnet fund alloc.not yet spent
From child gifts - incorrectly analysed
To general funds - child sponsorship cancelled and should be general funds
To general funds-no longer child sponsorship
To child sponsorship incorrectly allocated
To general funds- Bonnet fund for child sponsorship 2017-21 paid frm gen.funds
To child sponsorship-bal 2017-21 for sponsorship from Bonnet fund
From general funds to cover expenditure
From general funds to cover expenditure
TOTAL FUNDS Total restricted funds House of mercy orphanage - Rwanda Christmas and birthday gifts for sponsored children - Rwanda Child sponsorship and scholarships - Rwanda Restricted Funds Total unrestricted funds Rwanda Gifts of Hope Rwanda Girls sanitary towel project Rwanda Womens Freedom Project General fund Unrestricted Funds
35,651 20,205 13,045 0 7,160 15,446 0 0 804 14,642 £ start of year Balance at
93,632 22,145 . 1,113 1,920 19,112 71,487 200 120 2,268 68,899 £ resources Incoming
107,214 23,866 4,770 1,692 17,404 83,348 1,900 1,200 1,840 78,408 £ resources Outgoing
0 -14,880 -6,388 -228 -8,264 14,880 1,700 1,080 12,100 £ Transfers
22,069 3,604 3,000 0 604 18,465 0 0 1,232 17,233 £ end of year Balance at

RSPV TRUST

YEAR ENDED 31 DECEMBER 2021

BALANCE SHEET

ASSETS
Bank accounts
Cash at bank and in hand
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
31/12/2021
27,723
2,268
471
30,462
-8,393
-8,393
22,069
17,233
0
0
1,232
0
604
3,000
22,069		 Year Ending
31/12/2020
36,271
6,703
471
43,445
-7,794
-7,794
35,651
14,643
0
0
804
0
7,160
13,045
35,651

The financial statements were approved by the trustees and authorised for issue on 22/8/22 and signed on its behalf by Richard Fenning (Chair)

RSVP TRUST

Accounts for year ended 31st December 2021 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.
3Related 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.