# **THE EVANGELICAL FELLOWSHIP TRUST CARLISLE TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2023** |**Contents**|**PAGE**| |---|---| |Trustees Report|1 – 3| |Independent Examiners report|4| |Receipts and Payments Account|5 - 6| 1 **THE EVANGELICAL FELLOWSHIP TRUST CARLISLE** ## **TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2023** ## **REPORT OF THE TRUSTEES** The Trustees present their report and the accounts for the year ended 31[st] August 2023. The accounts comply with the Charity’s Trust deed and applicable law. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER 1134899** ## **TRUSTEES** The Trustees set out below held office during the year from 1[st] September 2014 to the date of this report unless otherwise stated:- B C Proudfoot (Chairman) W J Proudfoot K Carr F Johnston S Proudfoot ## **PUBLIC ADDRESS** Highfield 10 Longlands Road Carlisle CA3 9AD. ## **Bankers** National Westminster Bank 92 English Street Carlisle CA3 8NF. ## **Independent Examiner** Mr J Payne Sandpiper 14 Deganwy Quay Conway LL31 9DQ. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Evangelical trust Carlisle is a charitable Trust, governed by a Trust Deed, principally for the making of grants. Trustees meetings are held once or twice a year to make decisions regarding the operation of the charity. Trustees discuss and vote on the matters including the grants to be made. Recommendations for new Trustees can be received from any existing Trustee and will only be ratified by unanimous agreement. ## **OBJECTIVES AND ACTIVITY OF THE CHARITY** The primary objective of the charity is to promote and encourage Christian Missionary work either in Cumbria or abroad, including the advancement of the Christian religion, and to further the education (including both physical and social training) of Young People resident in or attending schools in the Charity’s operational area and elsewhere. In addition the charity makes provision for needy and retired missionaries. The main activity of the charity is the making of grants to Charities, Charitable Missionary agencies, churches and individuals to achieve the objectives of the charity. 2 **THE EVANGELICAL FELLOWSHIP TRUST CARLISLE** ## **TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2023** ## **REVIEW OF THE YEAR** The year to 31[st] August 2023 saw a decrease in receipts to £51,616 from £59,716 in the previous year. Tax refunds of £5,466 were received in June 2023 (2022 – £9,926). The Trustees would like to record their sincere thanks to all donors. The Receipts and Payments account on page 5 of these accounts summarises the operating result for the year. ## **INVESTMENT POLICY** The charity normally maintains it’s surplus cash in a deposit account with the charities bankers and a Building Society, however due to the very low interest rates available the funds have been kept available at no notice in the charities current account. The Trustees are currently assessing the options to better invest these funds given the change in climate and better interest rates on offer. ## **RESERVES POLICY** The cash reserves of the charity were £184,320 at 31[st] August 2023 (decreased from £193,204 on 1[st] September 2022). None of the reserves are restricted. The Trustees confirm that the charities assets are available and adequate to fulfil the obligations of the charity. The Trustees confirm that the balance of reserves will continue to enable the Trustees to consider future grant applications that fall within the objectives of the charity. ## **PUBLIC BENEFIT** Like all other registered UK charities The Evangelical Trust Carlisle operates for the public benefit, which is to advance the Christian religion and to advance the education of young people. The Trustees have regard to the guidance contained in the Charity Commissions’ general guidance on public benefit when reviewing the charities aims and objectives and in planning the charity’s future activities. ## **FUTURE PLANS** The Charity will continue to make grants to promote and encourage Christian Missionary work. ## **RISK POLICY** The Trustees regularly review the major risks to which the Charity may be exposed. By order of the Trustees W J Proudfoot Secretary 3 **THE EVANGELICAL FELLOWSHIP TRUST CARLISLE** ## **TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2023** ## **INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS** ## **Accounts year ended 31[st] August 2023 on pages 5 and 6. Charity number 1134899** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] August 2023 As the charity trustees of the trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - Accounting records were not kept in accordance with section 130 of the Act or - The accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. J Payne FC A. > Date: 7th May 2024 Mr J Payne Sandpiper 14 Deganwy Quay Conway LL31 9DQ. 4 **Charity Name No (if any) The Evangelical Fellowship Trust Carlisle 1134899 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 1st September 2022 31st August 2023 ## **Section A Receipts and payments** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 19,070 - - 19,070 21,710
Income from Investments 4,080 - 4,080 4,080
Company gifts 23,000 - - 23,000 24,000
Gift Aid Received 5,466 - - 5,466 9,926
- - - - -
Sub total (Gross income for
AR) [ 51,616 ] - - 51,616 59,716
A2 Asset and investment
sales, (see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 51,616 - - 51,616 59,716
A3 Payments
Grants 60,500 - - 60,500 46,400
- - - - -
Sub total [ 60,500 ] - - 60,500 46,400
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 60,500 - - 60,500 46,400
Net of receipts/(payments) - 8,884 - - - 8,884 13,316
A5 Transfers between funds - - - - -
A6 Cash funds last year end 193,204 - - 193,204 179,888
Cash funds this year end 184,320 - - 184,320 193,204
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**|**Details**
Natwest Current
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Gift Aid Debtor|**Unrestricted**
**funds**
**to nearest £**
**184,320**
**-**
**184,320**
OK
**Unrestricted**
**funds**
**to nearest £**
**4,855**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**|**Endowment**
**funds**
**to nearest £**
**-**
**-**| |---|---|---|---|---| |||||**-**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**
**-**| **----- Start of picture text -----**
- -
- - -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B3 Investment assets 10200, £1 Ordinary shares in Fred Endowment - -
Proudfoot Limited
- -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B4 Assets retained for the - -
charity’s own use - -
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities -
Signed by one or two trustees on
behalf of all the trustees Signature Print Name Date of approval
W J Proudfoot W J Proudfoot 07/05/24
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