Your People My People
Report and Accounts Year ended 31 December 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
YOUR PEOPLE MY PEOPLE
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2022
ADDRESS FOR CORRESPONDENCE PO Box 66 SWAFFHAM PE37 9AW GOVERNING DOCUMENT Declaration of Trust dated 31 December 2010 CHARITY REGISTRATION NUMBER 1140739 TRUSTEES RESPONSIBLE FOR Michael Norman MANAGING THE CHARITY Amanda Harris Karen Gower David Adeola Catherine Harrison (resigned October 2022) Martha Rees (appointed October 2022)
BANKERS HSBC UK Bank plc INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal and Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts
Page 1
YOUR PEOPLE MY PEOPLE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees have pleasure in submitting the Report and Accounts for the year.
Objects of the charity
Your People My People (also known as YPMP) was established on 31st December 2010 under Deed of Trust.
Your People My People is a Christian Charity established with the main objectives of promoting the Gospel, and relieving financial hardship and suffering in Israel, UK, and elsewhere. We also aim to educate the Church and the public about the Jewish roots of the Christian faith including an awareness of the history and culture of Israel.
Review of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
This has been our twelfth year of operation. Throughout the term we were able to raise funds and give grants both to organisations and individuals in Israel who are sharing the Christian message in their local context, working across cultural differences to bring unity and understanding in the Christian community and beyond, and also to those who are working to relieve poverty and hardship. We have also taught and shared on the Jewish roots of the Christian faith through publications, blogs, emails and social media.
We regularly connect with the leaders of the Israel-based Christian and Messianic organisations that receive grants, through WhatsApp, emails, newsletters, in order to foster relationships between YPMP and the organisations we support and to receive reports and updates on their respective projects.
Two of the trustees spent a week in Israel visiting with the organisations and individuals that YPMP gives grants to. They were able to continue building relationships, verify legitimacy and to assess the growth, current needs and forward direction of the various supported ministries.
Grants to organisations are at the discretion of the trustees. A large percentage of grants come from restricted funds. Grants to organisations are made to groups promoting the Christian message, working to relieve poverty, hardship, sickness and distress.
Our own safeguarding policy has been shared with all our overseas grant recipients and they have all confirmed and agreed to adhere to this.
Promoting the Gospel
This year we have supported organisations in Israel who are working with and mentoring Arab and Jewish followers of Jesus, promoting the Christian faith in their local, cultural context, and who are sharing the love of God through practical aid and help.
Relief of poverty and suffering
We have given to needy causes in Israel via organisations we know and trust. These are giving practical assistance and emotional support to Holocaust survivors, poor families, new immigrants, the elderly, widows and single parent families.
Education
We continue to regularly publish articles and information relevant to the work of YPMP via our website, including educational articles about Israel and the Jewish roots of the Christian faith, special projects and information on the organisations we support. We also continue to maintain pages on several social networking sites.
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YPMP produces a bi-monthly teaching newsletter that we send out to individuals and church groups, communicating on a range of issues relevant to learning about Israel and the Jewish roots of the Christian faith, and updates from the organisations we support. In addition to this, an electronic news update is emailed monthly.
Your People My People continues to build relationships and develop projects that further the objectives of the Trust. We have been encouraged to see how the various projects we have been supporting have come through the restrictions of the COVID-19 years successfully and are all offering the full range of services they provide.
We are grateful to God for the giving from donors which has enabled us to make a difference on the ground, especially during this very difficult year of financial hardship globally. Our funds have been affected this year with a drop in income from what we had received in recent years. However, due to sufficient funds remaining from 2021, we have been able to continue our commitment to all the projects we are currently supporting. The trustees will continue to monitor the situation and we look forward to being able to consider more opportunities to support projects both in Israel and the UK as funding allows.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
During the year income decreased by £30,400, to £99,600, and expenditure decreased by £3,000, to £109,200. As a result the cash held by the charity decreased by £9,600, to £57,600, of which £34,100 is unrestricted and can be used for any charitable purpose.
Reserves policy
Due to the low cost base of the charity and the level of funding that comes from administering the project grants, a policy has been set of retaining general free reserves of £8,000. At the end of the year end, the figure was £34,100.
The trustees have also agreed to hold a balance in restricted funds of at least £10,000 specifically for Dugit. At the year end, the balance for this fund was £22,788 (see Note 5 to the accounts).
Governance
The management of the Charity is the responsibility of the trustees who are elected under the terms of the Trust Deed. Potential trustees are provided with all the relevant guides from the charity commission before appointment. The trustees during 2022 were:
Karen Gower (Chair) Amanda Harris (Secretary) Michael Norman David Adeola Catherine Harrison Martha Rees
During the year Catherine Harrison resigned and Martha Rees was accepted as a new trustee.
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Responsibilities of trustees
Charity law requires us as 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.
Approval
This report was approved by the trustees and signed on their behalf by:
Karen Gower
Amanda Harris
Date: 04 April 2023
Page 4
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
YOUR PEOPLE MY PEOPLE
I report to the trustees on my examination of the accounts of Your People My People ('the charity') for the year ended 31 December 2022 on pages 6 to 9 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 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.
Jaimée Young
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 06 April 2023
Page 5
YOUR PEOPLE MY PEOPLE
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted | Funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | ||||||
| Funds | Funds | Funds | 2022 | 2021 | ||||||
| Notes | £ | £ | £ | £ | £ | |||||
| Income receipts | ||||||||||
| Donations and grants | 26,759 | - | 67,044 | 93,803 | 123,187 | |||||
| Gift aid receipts | 3,346 | - | 2,424 | 5,769 | 6,787 | |||||
| Other | 26 | - | - | 26 | 31 | |||||
| Total receipts | 30,131 | - | 69,468 | 99,599 | 130,005 | |||||
| Payments | ||||||||||
| Payments in relation to activities undertaken directly |
charitable | 2 | 51,964 | - | 1,828 | 53,793 | 50,794 | |||
| Grants paid in relation to activities undertaken by others |
charitable | 3 | - | - | 55,451 | 55,451 | 61,469 | |||
| Total payments | 51,964 | - | 57,279 | 109,243 | 112,263 | |||||
| Net of receipts / (payments) transfers |
before | (21,834) | - | 12,189 | (9,645) | 17,742 | ||||
| Transfers between funds | 5 | 16,589 | - | (16,589) | - | - | ||||
| Net movement in funds | (5,244) | - | (4,401) | (9,645) | 17,742 | |||||
| Cash funds as at last year | end | 39,314 | - | 27,909 | 67,223 | 49,480 | ||||
| Cash funds at this year end | A | 34,070 | - | 23,508 | 57,578 | 67,223 |
The notes on pages 8 - 9 form part of these accounts.
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YOUR PEOPLE MY PEOPLE
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
| A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets Gift aid due to charity Due from PayPal C Liabilities Falling due within one year: Fee for Independent Examination Promised future grant funding D Assets retained for charity's own use Computers and IT Other small equipment |
General Designated funds funds £ £ 33,870 - 200 - 34,070 - 458 - 424 - 882 - 1,200 - - - 1,200 - Unrestricted Funds |
Restricted funds £ 23,508 - 23,508 590 - 590 - - - Fund to which asset belongs General General |
Total 2022 £ 57,378 200 57,578 1,047 424 1,472 1,200 - 1,200 Value 2022 £ 5,567 2,228 7,795 |
Total 2021 £ |
|---|---|---|---|---|
| 67,023 200 |
||||
| 67,223 | ||||
| 1,162 1,181 |
||||
| 2,343 | ||||
| 1,182 12,400 |
||||
| 13,582 | ||||
| Value 2021 £ |
||||
| 5,213 2,086 |
||||
| 7,299 |
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The accounts were approved by the trustees and signed on their behalf
by date Karen Gower 04 April 2023
The notes on pages 8 - 9 form part of these accounts.
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YOUR PEOPLE MY PEOPLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs Note 4 Stationery & Teaching newsletters Events Transportation (trustees) Note 4 Other travel expenses Insurance Accounts and independent examination Other legal and professional fees Bank charges 3 Grants and gifts paid to others Organisations: Dugit Messianic Outreach Centre, Tel Aviv Amutat Agape, Tel Aviv House of Prayer and Exploits, Nazareth Helping Hand Coalition, Caesarea Dor Haba, Jerusalem Lech L'cha, Petach Tikva Wycliffe UK |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - - - - ed Funds |
Restricted Funds £ - 67 - - 1,297 - - - 465 1,828 33,000 4,404 4,747 5,500 3,300 3,300 1,200 55,451 |
Total 2022 £ 43,751 5,260 - 458 1,537 709 1,182 319 577 53,793 33,000 4,404 4,747 5,500 3,300 3,300 1,200 55,451 |
Total 2021 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 43,751 5,193 - 458 240 709 1,182 319 112 51,964 - - - - - - - - |
||||||
| 40,179 6,894 180 257 - 702 1,182 898 502 |
||||||
| 50,794 | ||||||
| 41,000 6,300 4,769 4,000 2,400 2,400 600 |
||||||
| 61,469 |
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YOUR PEOPLE MY PEOPLE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
4 Transactions with related parties
Amanda Harris and Karen Gower, both trustees, were each paid £20,000 [2021: £18,348] as employees of the trust; these payments are permitted by the charity's governing document. Both trustees undertook project visits and were reimbursed for flight costs.
| 5 Movement of funds General funds Restricted funds Dugit fund Agape fund Helping Hand Coalition fund House of Prayer and Exploits fund Dor Haba fund Lech L'cha fund Wycliffe fund Hands On fund Total funds |
Opening balance £ 39,314 39,314 26,403 - - 700 85 - - 720 27,909 67,223 |
Receipts £ 30,131 30,131 62,493 4,421 424 1,405 615 110 - - 69,468 99,599 |
Payments £ (51,964) (51,964) (34,539) (4,421) (5,568) (4,815) (3,368) (3,368) (1,200) - (57,279) (109,243) |
Transfers £ 16,589 16,589 (31,569) - 5,145 2,710 2,668 3,258 1,200 - (16,589) - |
Closing balance £ |
|---|---|---|---|---|---|
| 34,070 | |||||
| 34,070 | |||||
| 22,788 - - - - - - 720 |
|||||
| 23,508 | |||||
| 57,578 |
The total amount of £31,569 transferred from the Dugit fund is in respect of agreed charges made by the charity to Dugit for administering aspects of their support services.
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