1 ## The Saints’ Projects Trust ‘To advance the Christian faith and relieve poverty’ Trustees’ Annual Report for year ended 31 December 2021 1 2 ## Contents Legal and Administrative Information …………………………………………………………………………. 3 Structure, Government, Management ……………………………………………………….………………..… 5 Examiner’s Report ………………………………………………………………………………………………………. 8 Financial Report …………………………………………………………………………………………….….………… 9 2 3 ## Legal and Administrative Information ## Charity Address The Saints’ Projects Trust 97 Warren Close Cambridge CB2 1LE Charity Number 1115724 Other Contact Information Phone: 07735 393151 Email: hello@saintsprojectstrust.org Website: www.saintsprojectstrust.org ## Governing Document The Saints’ Projects Trust was established on 20 July 2006. ## Coordinators Sampson Okyere, International Coordinator, Ghana Bharat Bhattari, Deputy International Coordinator, Nepal Employees Caleb Howard, CEO ## Patrons Lord Alton of Liverpool Rt Rev Dr Christopher Cocksworth Daniel Hodson 3 4 Trustees Rev Mark Mills-Powell (chair) Rev Dr Richard Higginson Rev Daniel Foot Rev Andrew Wadsworth LingLing Parnin Rev Tim Mills Rev Michael John Smith Ade Ademola (resigned 15 September 2022) Paul Peters (resigned 25 September 2022) Rachel Mills-Powell (resigned 13 September 2022) Obiageliaku Rocque (joined 07 December 2021) Ully-Lange Orobor (joined 07 December 2021) Danielle Griffiths (joined 13 September 2022) ## Bankers NatWest Bank RationalFX 21 Petty Cury One Canada Square, 32[nd] Floor Cambridge CB2 3NE London E14 5AB ## Independent Examiner Tim Richardson 8 Emsons Close Linton Cambridge CB21 4NB 4 5 ## Structure, Government, Management ## Governing Document The Saints’ Projects Trust original deed was written and approved by the first group of trustees on 20 July 2006. Shortly thereafter, the Charity Commission granted Registered Charity status under registration number 1115724. Set forth in the Trust Deed are the strategic aims and goals of the charity: Strategic Aims – (1) To enable Christian prayer, teaching, and ministry service; (2) to support ministry to widows, disabled, orphans and students by supplying clothing, food, medicine, shelter and education; (3) supporting Christian ministry in local churches and teaching the Christian religion in the UK and overseas; (4) establishing and strengthening houses of prayer in the UK and overseas; (5) organizing pilgrimages and retreats. CORE Goals– Ministry to Churches, Orphans, Relief, and Education. Our desire is to work with local pastors and Guild members to impact and heal their communities, plus funding education and small businesses for brighter futures. ## Organisational Structure The charity is governed by a group of trustees who meet quarterly to set policy and review the activity of the charity. Trustee meetings are facilitated by the Chairperson and minutes are taken and reviewed at each meeting. New trustees are proposed by existing trustees when they have satisfied themselves both of the need for further trustees, and that the person proposed meets the necessary qualifications as determined by the current trustees. In the year ending December 31, two new trustees were added: Obiageliaku Rocque and Ully-Lange Orobor. Both were approved at the Trustee Meeting on 7 December 2021. ## Review of Activities and Impact for Public Benefit The mission of SPT is to ‘advance the Christian faith and relieve poverty.’ We deliver this vision by building relationships with individuals around the world and then working with them to build schools, start businesses and heal their communities. This is all supported and directed by our unique Guild prayer network that has thousands of members around the world. There are several different well-documented and successful strategies for aiding communities in poverty alleviation. The model that SPT has chosen to follow is to focus our funding on educational and small-business opportunities. The hope is that by funding these areas, we are helping to create consistent and long-term income for those in need. In past years, these two areas – education and business – have received the majority of the funds that we distribute. However, 2021 also added a new element – the immediate need of COVID 5 6 recovery. Many of the men and women with whom we work contracted COVID in 2021 and quite a few of them needed medical help. Very few of those people had the funds to pay for this, so the trustees all decided that COVID relief funds should be prioritized. To that end, SPT made about a dozen different transfers, varying from £200 to £1100 to help those who were desperately in need of medical help. The total amount sent for these purposes totaled around £5000. Along with the funds sent for health needs, SPT was still able to dedicate capital to education and small business ventures. Some of the projects SPT was able to start or grow: - Nearly £4000 to help build and grow a school in Siruti, Kenya - Over £4200 for women fleeing sex work to start small businesses in Kampala, Uganda - £2750 to start a dairy farm in Yepalasingaram, India - Many other smaller projects – tuition funds for individuals, chicken farms, etc ## Monitoring and Evaluating of Funds and Projects Since SPT is still a small charity, it is very important to us that all of the funds that are spent are closely monitored. SPT has a few systems in place to do this: - (1) One of the best aspects of SPT is the relationship the trustees have built with the beneficiaries in each country. It is much easier to maintain accountability when these strong relationships exist. We are in constant communication with each beneficiary and ask them to send to the trustees updates and pictures of the progress of the project. This includes a report on budget, struggles, successes, and health of the project. - (2) SPT has established a National Coordinator in each country. These are individuals who we have met in person and with whom we have a deep relationship. They are all members of the prayer Guild and help to oversee it in their country. These National Coordinators are the ‘boots on the ground’ for SPT. It is the role of this person to periodically get updates from the beneficiary. Not only do they receive a report, but the National Coordinators encourage, pray with, and help empower the local beneficiaries to do their work. Additionally, the National Coordinators will periodically visit the site of the project if feasible. - (3) Every 4-6 months, the SPT CEO and the SPT International Coordinator meet with each National Coordinator to hear updates on the progress of each project in their respective country. - (4) SPT Trustees routinely travel to these countries to strengthen relationships and to check on projects. 6 7 ## Trustees’ Responsibilities The SPT trustees meet and converse regularly to decide on policy, fund distribution, and vision for the charity. Additionally, over the years several of them have traveled to visit our beneficiaries in Africa and India. Charity law requires trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. ## Safeguarding SPT does have a Safeguarding Policy in place as well as a trustee who is the designated Safeguarding Officer (LingLing Parnin). Any safeguarding concerns are addressed at trustee meetings. ## Approval This report was approved by the Trustees on 31 October 2022 and signed on their behalf by: Caleb Howard CEO, Saints’ Projects Trust 7 8 ## The Saints Project Trust ## Financial Statements to 31 December 2021 Independent Examiner’s Report Respective responsibilities of trustees and examiner The Charity Trustees are responsible for the preparation of the Accounts. The Charity’s trustees consider an audit is not required for the year to 31 December 2021 under Section 144 of the Charity’s Act 2011, and that an independent examination is required. It is my responsibility to: 1 examine the accounts under Section 145 of the Charities Act. 2 follow the procedures laid down in the general Direction given by the Charity Commission (under Section 145 (5) of the Charities Act 2011) and 3 to state whether and particular matters have come to my attention. ## Basis of Independent Examiner’s Statement My examination was carried out in accordance with directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity, 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 Trustees concerning such matters, The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters refereed to below. ## Independent Examiner’s Statement In connection with my examination no matter has come to my attention: 1 which gives me reasonable cause to believe that, in any material respect, the requirements a to keep accounting records in accordance with section 130 of the Charities Act b to prepare accounts which agree to the accounting records and comply with the Charity Act have not been met: or 2 to which in my opinion, attention should be drawn in order for a proper understanding of the accounts to be reached. T Richardson Tim Richardson BA ACA 8 Emsons Close, Linton, Cambridge, CB21 4NB 25 October 2022 8 9 ## The Saints’ Projects Trust ## Financial Report for the Year Ended 31 Dec 2021 |Notes
**Income**
Individual Donor
Charitable Grant
Legacy Gift
Bank Refund/Interest
(a)
HMRC Gift Aid
Easy Fundraising
Transfer from Guild
(b)
**Total Income**
**Expenditures**
Foreign Grants
Guild Expenses
Marketing
(c)
Employee Wages
(d)
Technology
Bank Transfer Fees
**Total Expenditures**
**Reconciliation of Funds**
Funds C/F Previous Year
Deficit/Surplus for the Year
**Funds Carried Forward**|Unrestricted
Funds
2021
£
13,738
0
10,000
338
2,922
18
300
**27,316**
11,528
180
1,481
496
436
.524
**14,644**
6,954
12,672
**19,626**|Unrestricted
Funds
2021
£
13,738
0
10,000
338
2,922
18
300
**27,316**
11,528
180
1,481
496
436
.524
**14,644**
6,954
12,672
**19,626**||Restricted
Funds
2021
£
78,365
10,000
0
0
0
0
0
**88,365**
38,126
0
0
0
0
0
**38,126**
7,826
50,239
**58,065**||**Total Funds**
**2021**
**£**
**92,103**
**10,000**
**10,000**
**338**
**2,922**
**18**
**300**
**115,681**
**49,654**
**180**
**1,481**
**496**
**436**
**524**
**52,770**
**14,779**
**62,911**

**77,691**|Total Funds
2020
£|Total Funds
2020
£| |---|---|---|---|---|---|---|---|---| ||||||||
|55,092
0
0
7
7,858
17
0| |||||||||**62,974**
58,419
175
129
3,000
368
2,734| |||||||||
**64,825**
16,631
-1,852| |||||||||
**14,779**| 9 10 ## The Saints’ Projects Trust ## Financial Report for the Year Ended 31 Dec 2021 |Balance
Carried
Forward 2020
Notes
£
General Fund
(e)
2,197
Home of Love India
575
Education Fund
0
LingLing Academy
348
Guild Travel Expenses
175
Nairobi 2022
7,931
Employee Wages
0
Necca Zimbabwe
3,000
Art Supplies
380
Father Praveen India
0
Technology Expenses
0
St. Mark's Academy
105
COVID Emergency Relief
0
John Jyothi - Feed Orphans
0
Guild of Saint John
0
Bank Charges
69
Restricted Donation
(f)
0
Sisters of Rahab and Ruth
0
**Total**
**14,779**|Restricted
Donations
Expenditures
**Balance**
**Carried**
**Forward 2021**
£
£
**£**
13,172
15,426
**-57**
516
975
**116**
380
0
**380**
152
500
**0**
210
285
**100**
14,418
2,186
**20,163**
31,023
496
**30,528**
12,051
2,431
**12,619**
0
380
**0**
52
0
**52**
489
436
**53**
4,602
4,219
**488**
504
436
**68**
1,469
1,469
**0**
240
180
**60**
0
69
**0**
35,000
23,050
**11,951**
1,404
234
**1,170**
**115,681**
**52,770**
**77,691**| |---|---| 10 11 ## Financial Report Notes Note (a): NatWest bank made an error on one of our transfers and refunded SPT £337.97. Additionally, SPT received a total of £0.20 in interest from the bank. Note (b): The Guild is the prayer network which works with SPT. While the two organizations are deeply connected, they do maintain separate financial accounts. Therefore, there are often times that funds are sent from one account to the other. Note (c): These were funds used for producing flyers and literature to help spread the word about SPT. Note (d): Savoy O’Connor was temporarily employed by SPT as a consultant to do a bit of work on graphic design, webpage updates and overall branding of the charity. She received these funds as payment for her work. Note (e): The General Fund ended the year 2021 with a negative balance. However, this was not an error on the part of the trustees of overspending unrestricted funds; instead it was simply strange timing that a transfer left the account a day before a deposit cleared in the account. It just so happened that that took place on 31 December 2021. The following business day in January, the General Fund had a positive balance. Note (f): This was a donation given by an individual to be kept in the account and used at the discretion of the donor as needs arise. 11