Trustees' Annual Report for the period Period start date Period end date 06 April 2021 05 April 2022
From
To
Section A Reference and administration details
Charity name MATTHEW TWENTYFIVE FORTY TRUST
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
----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Paul Smith Chairman
2 Peter Martin
3 Sheila Smith
4 Anthony Smith
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----
Names of the trustees for the charity, if any, (for example, any custodian trustees)
----- Start of picture text -----
Name Dates acted if not for whole year
N/A
----- End of picture text -----
March 2012
TAR
1
Names and addresses of advisers (Optional information)
Name Address
Type of adviser
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
March 2012
TAR
2
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. Last 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 was 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. In 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 youth living rough on the street. This building doubles as a community church teaching building and a sports indoor centre where activities are held as well as food provided. The winters are severe in eastern Ukraine and community activity is at a minimum because of the lack of finance. Summary of the main The grant made last year to Essential Christian’s ‘Hope Lebedyn’ ministry activities undertaken for the by our trust initially purchased $100,000 and this has encouraged a public benefit in relation to further grant from a Christian businessman in the locality plus others these objects (include within through Hope Lebedyn. Matthew Twenty-Five Forty Trust has made a this section the statutory further but smaller top up grant during 2021/22, which means the building declaration that trustees have is now complete and operational. had regard to the guidance issued by the Charity As a small trust we still continue to support other works as the need is Commission on public shown to us including the ongoing support of missionaries based in benefit) Malawi. During this year the top-up grant of £7,500 referred to above has been made followed by three smaller gifts in July and December. This new hall or centre is now complete and fully functional. It is hosting many activities through the war and has proved to be a hub for aid distribution to children, teenagers and the displaced. Additionally a grant was made to help the Dugmore family working for YWAM in Malawi to have a few weeks holiday in the UK. Also during this year we were able to partner with others connected to Open Doors Charity to ensure university education for a Sudanese student who was living in hardship. We had restricted donations in for this purpose which enabled this project to be completed.
Additional details of objectives and activities (Optional information)
March 2012
TAR
3
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
March 2012
TAR
4
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
March 2012
TAR
5
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 26.02.2023
March 2012
TAR
6
Matthew Twenty Five Forty Trust Income and Expenditure for the year ended 5 April 2022 Prepared on a cash basis
| Income (* indicates under gift aid) Donation - M Dodd Donation - AAP Donation - Mr & Mrs Smith Donation - I Watson Donation - J McDowell Donation - T&S Hunter Donation - F Whitefield Donation - Martin Charitable Trust HMRC Gift Aid refund Bank interest Expenditure (overseas payments shown) Gift - Quicken Trust Gift - Fibrosis Trust Gift - Ashburnham Trust Gift - Essential Christian Hope Lebedyn Gift - J Langney Gift - S DeSousa Gift - T Essex Gift - D Dugmore Gift - St Pauls Christian University (Kenya) Prior year adjustment - bank charge Bank charges Surplus/(deficit) Represented by: CAF - opening balance Movement in year CAF - closing balance at 5 April |
2022 600.00 £ - £ 30,000.00 £ 2,000.00 £ 2,000.00 £ 1,000.00 £ 7,000.00 £ 2,000.00 £ 150.59 £ 2.18 £ 44,752.77 £ 400.00 £ - £ - £ 10,050.00 £ - £ 750.00 £ 1,000.00 £ 4,000.00 £ 14,950.00 £ 1.00 £ 149.50 £ 31,300.50 £ 13,452.27 £ 7,923.03 £ 13,452.27 £ 21,375.30 £ |
2021 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 examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report Independent examiner's statement Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Charity Name Matthew Twenty Five Forty Trust |
Charity Name Matthew Twenty Five Forty Trust |
Charity Name Matthew Twenty Five Forty Trust |
|---|---|---|---|
| 5 April 2022 | Charity no (if any) |
1095844 | |
| 1 (remember to include the page numbers of additional sheets) |
|||
| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 5thApril 2022 This report is made solely to the society’s members, as a body. My examination work has been undertaken so that I might state to the society’s members those matters I am required to state to them in an examiners’ report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the society and the society’s members as a body, for my work, for this report, or for the opinions I have formed. Basis of Independent Examiner’s statement My examination was carried out in accordance with General Directions given by Matthew Twenty Five Forty Trust. An examination includes a review of the accounting records kept by the Society and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Society Board Members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. In the course of my examination, no matter has come to my attention: a) which gives me reasonable cause 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 ii) accounts are prepared which agree with the accounting records and comply with generally accepted accounting requirements; or b) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Date:12-Feb-2023 |
|||
| 12-Feb-2023 | |||
| Trevor Pearce | |||
| MA, MAAT | |||
| 11 Lime Tree Paddock, Scothern, Lincoln, LN2 2XD |
Oct 2018
1
IER
Section B Disclosure
Give here brief details of any items that the None examiner wishes to disclose .
Oct 2018
2
IER
Matthew Twenty Five Forty Trust Income and Expenditure for the year ended 5 April 2022 Prepared on a cash basis
| Income (* indicates under gift aid) Donation - M Dodd Donation - AAP Donation - Mr & Mrs Smith Donation - I Watson Donation - J McDowell Donation - T&S Hunter Donation - F Whitefield Donation - Martin Charitable Trust HMRC Gift Aid refund Bank interest Expenditure (overseas payments shown) Gift - Quicken Trust Gift - Fibrosis Trust Gift - Ashburnham Trust Gift - Essential Christian Hope Lebedyn Gift - J Langney Gift - S DeSousa Gift - T Essex Gift - D Dugmore Gift - St Pauls Christian University (Kenya) Prior year adjustment - bank charge Bank charges Surplus/(deficit) Represented by: CAF - opening balance Movement in year CAF - closing balance at 5 April |
2022 600.00 £ - £ 30,000.00 £ 2,000.00 £ 2,000.00 £ 1,000.00 £ 7,000.00 £ 2,000.00 £ 150.59 £ 2.18 £ 44,752.77 £ 400.00 £ - £ - £ 10,050.00 £ - £ 750.00 £ 1,000.00 £ 4,000.00 £ 14,950.00 £ 1.00 £ 149.50 £ 31,300.50 £ 13,452.27 £ 7,923.03 £ 13,452.27 £ 21,375.30 £ |
2021 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 £ |