THE EVANGELICAL FELLOWSHJP TRUST CARLISLE TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2024 Contents PAGÉ Trustee$ Report Independent Examiners report Receipts and Payment5 Account
TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 August 2024 RÉPORT OF THE TRU8TEE8 The TnJ51ee5 present Ihelr roport and Ihe accou nts for the y¢ar 0nde(131 * August 2024. Th¢ account$ comply wllh Ihe Charlty'g Trust deecl 8ncl 8ppH(*blo18W. REFERENCE AND ADmINTr8TRAT1E INFORMATlOt4 CHARI NUMBER 11J4ts9 TRUSTEÉS The Trusteeg Set out è8low held office durlng th& year from ial Seplember 201410 th? dale of th1$ report unle55 Otherwise stated:. B C PTDudfoot (Chairrnsn) WJ Proudloat fSecret&ry) Kca F Jthn$ton S Proudloot PUBLIC ADDRESS Hlg htbokl l Q LoDglHndYt Rcad Carlisle CA3 9AD. nkers N81iona4 VVestmin¥lor Bank 92 English Street CorllÈl8 CA3 8NF. Inrtfrpendont Examlnfrr MrJ P3yne Sandpiper 14 Deg¥nw Quay Convray LL319DQ. STRUCTURÈ, GoVERNAN¢E AND MANAGEMENT The Ev6ngeliGal I51 Carfisle 15 B chdrrt8ble Trust, govemed by 8 TnJ3t Deed, prtnclpalw for the maklng ol gr8nts. TnEstses mBetin gB are helcl onc& or 8 ye8r m8k$ de¢lil¢n$ rey8rdlng the oper8tlw of the th•rtty. Tru$e9 dl#¢u$$ antl tyn tho m3tt•rs Incfudlnq the gr#nt8 tv bo madè. Recommendatiorjs tcr Thew Truste&5 ¢on b¢ rp¢dved from ony ¢xlWln9 TwB¢¢¢ pnd wlll onty roiifled ty un8nlrnou8 agreemeni. OBJECTIVES AND ACTivfN OF THE CHARITY The prfrnary obJecttv& of the charty15 to prtsmote and encourage Chrfst4an M1351onary work ePther In CUTh9 abload, InclLJdlng the adv8nctym¢N of I he Chrl8tian t¢ligiDn, and to lurther the fjdv¢ation (Indudlng bDth lthys1cl snd soctJl traln ing) of Young People t95ident in or attending Bchools ill the C harity's operation41 are4 $nd ol8ffvther&. In 3ddilioN Iho charity rnBkes provi5FDn lor needy and r8tirfrd rni58ionari86. Th8 rnain aGtivlty of Ihe Ghartty is the rnakino of gratbts to Ch8tilie&. eh aritB ble MtS8ionary auqncie5, churthe5 and indlvlduals to achieve the objectlves Df the charity:
THE EVANQELICAL FELLQV41SHIP TRUST CARUSLE TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 Atsgutst 2024 REIE1V OF TFIE YEAR The yesr to 31If AugbJ&t 2024 Baw a decreaso in rece1p to £49,31KJ from £51,616 ia the prevlous year. OFft Ald of £10,17S (2023 - ES.488>. The Twsleeg would like to record thelr $Sncere Ihankg to 811 donofs. The tFUSt rnade grants totalll r4g £81,8AAI to promote and encourage Chrlstlan Mi551onury work In ijur op8ialiDnal arq8. The Receipt¥ and PRymentS aCGount on pago S of th¢5È Bccounls Bkjrnrnarisex the opeTatsns re&ull for h yeai. IP4VESTMENT POLICY The chH rity normally mBinlain5 il'5 surpS cHsh in a deposil au[lI wilh the thatilies bankar3 8nd 3 BuildiTWJ Swiety, howo¥¢r due to lh¢ very low intsre$t rotv avaiFable the funds ttave been kept available at no notice in the ch8rtti4$ curreni account. The TTU5t•88 are TrenY a$se¥31nu tho opuons lo tetter Inve8t Iheso fund8 given the change In ¢llmgts and better Interest r•tes on offer. RESERVES POLICY The ¢8sh r85enfes of Ihe chdTIty were £172.020 Bl 31•1 August 2024 (leueased from £IN.320 on 1 S&ptember 2023>- Nwe Df thp re¥¢rves 8ra ro$irlcted. The Tru5tee5 confimi that Ihe chRrtties assels ére BvailBble 8dequele lo fullll Ihe oblSgPAtlon¥ of the chaTity. The Tru¥tees confimi thAt the bale nce of re9eNeg ¥y111 ¢onlinue to enable the fiuslees to con5Eder tutLtre 9rant 4ppIIGÈtions that f411 within the obJe¢tiV8$ orth¢ thatity. PUBLIC 8ENEFtT LSke all olher reglstered UK charities The Evangelpcal Trust carlis op8rate5 for thé wJtJlic btrnèfft, which is I 8dvan¢e the Chrfsiian rellglon 8nr5 10 8¢varkCO Ihe U¢811 of young people, The TNstees have regard to the gul¢Sp4nce GonlaiD8d In Ihe Chattty Commi5$ions' genor41 guirlanu on publlc benelt vthen revlewlng the Charltles alms arbd obJ11VeB and In plannlng the tharity's fulure activlli&s. FUTuRe PLAN8 Tht Ohartty will coniinv¥10 mak• gr8Ns to wen¢X• and Oncoura CM8ll•n Mls$lonory work. FIISK POUCV Th TN8tQO8 rqgul¥rty r¢vltsw Ihe major rlsks to which th¢ Ch8rty mgy be exposed. By ordw olthe Trustee8 LQ)(k.JL¥ W J Provclfoot Seuelary
THE EVANGEU¢AL FELLOWSHIP TRUST CARUSLE TRUSTEES REPORT AND ACCOUls YEAR ENDED 31 Augu4 2024 INDEPENDEW EXAMINERS REPORT ON THE ACCOUNT9 Accounts ymr vnd•J 31" Augusl 2024 on 5 and 6. Ctsarlty nurnber 1134899 I to thè tIU8tèe8 on ffly examinotion of tha &ccounts of the 2bov& chgrty rthe TIu5r} roi the ar èndÈd 3 IM ALFgust 2024 As Ihg choiity truBleas of th• tiu&t. you gré raspoThoJbl• lor thè F¢PaTation of the account8 ID 8¢Nrdan¢a ryth th• rsquir$morrt$ of IhB Charit'efy Aci 2011 ('the Actr>. I rewrt in reFtpect of my txamln8tion ol the Trust's accounts carri8d out under Section 145 of the 2011 Act and in c81ryirig out my ex8min8tlon. I hwe follvw•d the aptyi¢)tlè thrtdions given by the Chat¥ty ComrDJ8eion uhdèr section 145(5Xb) orthe Act.. I have comrleted my tsxamin8b"on. I conftmi that no m8teiial matters have com9 to my attonlion in eonngctioTh th tho ex&minBbon wtri¢h givès me oauG& to lI•v that in, Bny m•ttriial r•tpbth.' Accounting ieGordB re not kgpt in ac¢or(knce with seclion 130 of Ihe Act 01 The accounts 4Jo rkot aCCDr(I vrfh Ihe a¢counting recor(59 I have no concerny and h¥v8 come aLY05S no otrer maiters in conn¢ctron wrth tt)e examlnation to whi¢h attontron GhoLÈld t drawn in OF¢er to enable & prop und2T8tsndno of the attoLbnts to be ieathed. J P8yn8FCA Datg: Mr J Payr6e SandFM'PW 14 Deoamw Quay Conway LL319DQ.
THE VIANGELICAL FELLOW8HFP TRUST CARLISLE RECEIPT8 ANO PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AuguJI 20Z4 Genéial Designatad Restrfctèd Fund$ Funds Funds 2024 2023 Incorno rec•lpt¥ Donationts Gift ald receipts Comp8ny Gifts Investment income 21,045 10,175 14,000 4.080 49,3DO 21.045 10,17S 14.000 4,080 49,300 1&.070 S.468 23.000 4,080 st,$16 Total recBlpts 49.300 49,30Q 51,616 Payments tsrants paid In rel8tion to 61.6DO 61,600 61,600 61,600 60,500 60,500 Tot•1 61,600 61 ,600 60,500 Net of receip18 1 (payments) 12.300 6.884 Tran&fer¥ betsveen fund$ Ngt nii)vo111gnt In fund• 12,300 12.300 6.864 Cèyh fund3 as at last year end 184,320 184,320 193,2D4 Cwsh fund8 at th1$ ye4r end 172,020 172.020 184.320
THE erfANGELI¢AL FELLOWSHIP TRUST CARL18LE STATEMENT OF ASSET8 AND LIABILITIE8 FOR TklE YEAR eNOED 31 Auou8t 2024 nrestriG edFu Gener81 Deslgnated Fqe$lrlcted fundts funds lunds 2024 2023 A Cash fundtr Cash at bank immedi8t8 &cces$ 172,020 172,020 172,020 172 020 1S4,320 I PA,320 ,B Othar mon•tary 88bat8 GIFI aid due to charity 4,8S5 4,B55 C Investjngnt augts Fund to which 88set belong* Curr•nt value Cost 10200, £1 Ordina ry Share5 in Fred Proudfoot Limited End0%neI tO,200 10,200 The aG¢ounty approved by lh¥ trustee$ and S¥ed Iheir bphaif by: WS11iam John Proudfoot . Oate: