**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**
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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
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**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
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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
£|