OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

1

The Saints’ Projects Trust

‘To advance the Christian faith and relieve poverty’

Trustees’ Annual Report for year ended 31 December 2023

1

2

Contents

Legal and Administrative Information …………………………………………………………………………. 3 Structure, Government, Management ……………………………………………………….………………..… 5 Examiner’s Report ………………………………………………………………………………………………………. 8 Financial Report …………………………………………………………………………………………….….………… 10

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: +44 121318 9134

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

President

Rt Rev Dr Christopher Cocksworth, Dean of Windsor

Patrons

Lord Alton of Liverpool

Daniel Hodson

Grace Natoli (resigned 4 Aug 2024)

3

4

Baroness Stroud Patrick Whitworth Mr Michael Younger Dr James Orr Mr Peter Fane

Trustees

Rev Michael John Smith (chair) Rev Mark Mills-Powell Rev Dr Richard Higginson Rev Daniel Foot LingLing Parnin Rev Tim Mills Obiageliaku Rocque Ully-Lange Orobor Sampson Okyere Rod Levey (joined 5 September 2023)

Natalie deBungard (joined 5 September 2023)

Banker

NatWest Bank

21 Petty Cury Cambridge CB2 3NE

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, 2023, two new trustees were added: Rod Levey and Natalie deBungard. They were approved at the Trustee Meeting on 5 September 2023.

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.

5

6

In the calendar year 2023, SPT sent over £60,000 in grants to foreign countries. These funds were used for a wide variety of projects, educational opportunities, small business ventures, and travel for our members.

Here are some of the highlights of our grants in 2023:

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:

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 (Obi Rocque). Any safeguarding concerns are addressed at trustee meetings.

Approval

This report was approved by the Trustees on 31 October 2024 and signed on their behalf by:

Caleb Howard

CEO, Saints’ Projects Trust

7

8

Saints’ Projects Trust

Financial Statements To 31 December 2023

Independent Examiner’s Report

Respective responsibilities of trustees and examiner

The Charity Trustees are responsible for the preparation of the Accounts. The Trustees consider that an audit is not required for the year to 31 December 2023 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 any 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 referred to below.

8

9

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.

Tim Richardson BA ACA

8 Emsons Close, Linton, Cambridge,

CB21 4NB

24 October 2024

9

10

The Saints’ Projects Trust

Financial Report for the Year Ended 31 Dec 2023

Notes
Income
Individual Donors
Church Donations
Business Donations
Charitable Grant
Fundraising Events
Legacy Gift
Bank Refund/Interest
(a)
HMRC Gift Aid
Easy Fundraising
Transfer from Guild
(b)
Total Income
Expenditures
Foreign Grants
Guild Expenses
Fundraiser
Employee Wages
(c)
Technology
Bank Fees
Total Expenditures
Reconciliation of Funds
Funds C/F Previous Year
Deficit/Surplus for the Year
Funds Carried Forward
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2023
2023
2023
2022
£
£
£
£
9,448
17,932
27,380
62,034
5,568
671
6,239
3,351
0
11,100
11,100
600
375
8,000
8,375
0
1,639
5,939
7,578
4,749
0
0
0
0
2,118
0
2,118
646
9,258
0
9,258
3,348
104
0
104
159
0
1,764
1,764
300
28,510
45,406
73,916
75,187
25,661
34,461
60,122
97,106
0
180
180
180
497
2,308
2,805
0
0
18,397
18,397
27,549
395
11
406
415
130
525
655
2,757
26,683
55,882
82,565
128,007
2,293
22,577
24,871
77,691
1,827
-10,476
-8,649
-52,820
4,120
12,101
16,222
24,871

10

11

The Saints’ Projects Trust

Financial Report for the Year Ended 31 Dec 2023

Notes
General Fund
Necca Zimbabwe
St. Mark's Academy
Sisters of Rahab and Ruth
Home of Love India
Sampson Ghana
Guild Travel Expenses
Nairobi Gathering
Technology Expenses
Education Fund
Emergency Relief
Guild of St. John
Employee Wages
Restricted Donation
(d)
Minus Internal Transfers
Total
Balance
Carried
Forward 2021
Restricted
Donations
Expenditures
Balance
Carried
Forward 2023
£
£
£
£
481
25,801
25,813
469
1,547
5,000
5,024
1,523
66
11,457
10,483
1,040
197
13,227
13,325
99
416
300
400
316
168
1,529
1,375
322
0
2,063
1,972
91
450
1,150
0
1,600
300
350
271
379
0
1,374
1,374
0
326
1,158
1,484
0
80
300
285
95
10,903
12,335
18,397
4,841
9,937
15,870
20,360
5,447
0
17,998
17,998
0
24,871
73,916
82,565
16,222

11

12

Financial Report Notes

Note (a): NatWest bank made an error on two of our transfers and refunded SPT £2118.

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 funds went to anyone who performed paid work for SPT in 2023. The majority of this was the CEO, but also some outside independent contractors to help with specific projects.

Note (d): 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.

12