2021-04-05-accounts

Trustees' Annual Report for the period

Period start date Period end date 06 April 2020 05 April 2021 From To

Section A Reference and administration details

MATTHEW TWENTYFIVE FORTY TRUST

Charity name Other names charity is known by Registered charity number (if any) 1095844 Charity's principal address 132 Coast Road Pevensey Bay East Sussex Postcode BN24 6NJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Paul Smith
	Peter Martin
	Sheila Smith
	AnthonySmith

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name	Dates acted if not for whole year
N/A

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Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
N/A

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Trust Deed Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Appointed by unanimous agreement from existing Trustees Trustee selection methods

• (eg. trust, association, company)

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

N/A

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN THE UNITED KINGDOM AND IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND OTHER SUCH PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY.

TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE

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DISTRESS CAUSED THEREBY, IN THE UNITED KINGDOM OR IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT. C. THE ADVANCEMENT OF EDUCATION IN THE UNITED KINGDOM OR IN SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.

During the 2020/2021 Tax Year our trustees decided to make a substantial contribution towards the rebuilding of a new hall in the campus of the church we have supported over many years in Lebedyn in eastern Ukraine. This was made through a generous donation from two of the trustees and restricted for this purpose. Our objective is the advance of the Christian faith. This is expressed particularly with the youth and children within the hinterland of Lebedyn and the county of Sumy. Excess of 80% are unemployed in the region which brings much social and economic poverty with all ages. Many children are abandoned into the 20+ orphanages in the area and there is a growing problem with Summary of the main youth living rough on the street. This building will double as a community activities undertaken for the church teaching building and a sports indoor centre where activities will public benefit in relation to be held as well as food provided. The winters are severe in eastern these objects (include within Ukraine and community activity is at a minimum because of the lack of this section the statutory finance. We anticipate that this new project will help to address this. declaration that trustees have had regard to the guidance The grant made to Essential Christian’s ‘Hope Lebedyn’ ministry by our issued by the Charity trust initially purchased $100,000 and this has encouraged a further grant Commission on public from a Christian businessman in the locality plus others through Hope benefit) Lebedyn. Matthew Twenty-Five Forty Trust have made a further but smaller top up grant which will show in the 2021/22 accounts, which means the building is now complete and operational.

As a small trust we still continue to support other works as the need is shown to us including the ongoing support of missionaries based in Malawi.

Additional details of objectives and activities (Optional information)

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N/A

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

Section D Achievements and performance

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

Please refer to the summary provided in Section C

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Section E Financial review

Brief statement of the charity’s policy on reserves

The charity maintains sufficient reserves to meet anticipated outgoings for at least a 12 month period. The charity’s overheads are minimal.

Details of any funds materially in deficit

N/A

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

N/A

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

N/A

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) PTSmith

Full name(s) Paul Smith Position (eg Secretary, Chair, Chairman etc) Date 24.01.2022

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Matthew Twenty Five Forty Trust Income and Expenditure for the year ended 5 April 2021

Income Donation - M Dodd Donation - AAP HMRC Gift Aid refund Bank interest Expenditure Gift - Quicken Trust Gift - Fibrosis Trust Gift - Ashburnham Trust Gift - Essential Christian Gift - J Langney Gift - S DeSousa Bank charges Surplus/(deficit) Represented by: CAF - opening balance Movement in year CAF - closing balance	600.00 £ 70,371.60 £ 1,925.17 £ 8.92 £
	72,905.69 £ 500.00 £ 50.00 £ 300.00 £ 81,173.08 £ 500.00 £ 250.00 £ 71.00 £
	82,844.08 £ (9,938.39) £ 17,861.42 £ (9,938.39) £
	7,923.03 £

Independent examinerfs report on the accounts Section A Independent Examiner 5 Report to the truste membgrs of Matthew Twenty Five Forty Trust On accounts for the ygar ended 5 April 2021 Chadty no {rf any) Set out on pages 1and2 IrefflemDer 10 Include ihe Daoe numbers d 3ddilion&l srreF:<I I report to the Irv$tees on my examination of the accounts of the above charity l.the Trusfi for the year ended 5th A￿11 2021 This report is made solely to society's members. as a body. My examination work has been undertaken so that I might stale to the society's membgrs those matters l am required lo stste to them in an examiners, port and for no other purpose. To the fullest extent permitted by law, I do not accept or assume re5ponsibiltty to anyone other than the society and the society's memtr*rs as 8 body, for my work, for this report, or for the opinions I have fomed. Responslbilities and $18 of report Independent Basis of Independènt Examlnerfs stat8ment examinetrs statement My ex8mination was carried oui in accordan￿ wrth General Directions given by Matthew 25.40 Trust. An examination indudes a review of the accounting records kept by the Society and a comparison of the accounls presented wrth those records. 11 also indudes consideration of any unusual r(ems or disclosures in the accounts and seeking ¢xplanations from the Society Board Members conceming any such matters. The procedures undertaken do not provide all the evidence that would ￿ wuired in an audrt. and cOnsequen￿Y I do not expws an audit opinion on Ihe accounts. In the course of my examination. no mattgr has come to my attention.. a) which gives me reasonable ¢au$e to believe that, in any material respect. the Society Board Members have not met the requirements to ensure that i) proper accounting records are kept lil accounts are prepared which agree with the accounting records and mply with generally accepted accounting requirements", or bllo 'ch. in my opinion, attention should be drawn to enable a proper und ding ofthe a¢￿￿nts to be reached. Signed: 22-June-2021 Nam•'. Trevor Pearce Rolevant pmf•sslonal qualificatiorfs) or body Ilf any): MA, MAAT Addrem: 16 Church Lan8, Lewes, Ea81 Sussex, BN7 2HS IER Oct 2018

Section B Disclosure GSve hero brlef d•tsll$ of any It•m$ that th• amlner wl$hes to dl$clos•. None IER Oct 2018