Charity number: 1146392 Nehemiah Project Support Trust Trustees, report and financial statements for the year ended 31 December 2024
Nehemiah Project Support Trust Contents Page Legal and administrative information Trustees report Independent examiners, report Statement of financial activities Balance sheet Notes to the financial statements 8-10
Nehemiah Project Support Trust Legal and administrative information Charity number 1146392 Business address I Picton Gardens Rayleigh Essex SS6 7LB Trustees Don Cooper Carol Jones Steve Maclean Simon Jones Rosemary Pannenter Andrew Thorn Ruth Thorn Secretary Steve Maclean Accountants C J Gardner Accountants Ltd 217 Main Road Hawkwell Hockley Essex SS5 4EQ Bankers Barclays Bank plc 63-65 High Street Rayleigh Essex SS6 7EL Page I
Nehemiah Project Support Trust Report of the trustees for the year ended 31 December 2024 The trustees present their report and the financial statements for the year ended 31 December 2024. The trustees who served during the year and up to the date of this report are set out on page l. Structure. governance and management The Trust was formed by a Trust Deed dated 13th December 2011 and is registered as a Registered Charity number 1146392. The power to appoint or remove trustees rests with the existing trustees. Objectives and activities The principal objective of the Trust is to help to raise funds to help to rebuild broken lives of those living with or affected by Htv l AIDS and thereby provide financial, social, psychological and spiritual support. The Trustees appointed two authorised representatives to oversee the administration of the financlal, social, psychological and spiritual support to those living wlth Htv in Bulawayo. Zimbabwe. Ruth and Andy Thorn moved to Bulawayo in 2011 and were instrumental in establishing contacts and consolidating the work An Zimbabwe before returning to the UK in 2015. The distribution of funds raised continues to be managed by a tThsted local accountant in Bulawayo. Page 2
Nehemiah Project Support Trust Report of the trustees for the year ended 31 December 2024 Achievements and performance We reported last year that good progress had been made on the ongoing discussions to allow us to purcliase the land at Cowdray Park in Zimbabwe. Ruth did some amaziiig work alongside the Project staff and board during a visit in September-october 2024. We subsequently received two letters from Bulawayo City Council, agreeing that we can apply to buy the Cowdrky Park stand but without specifying a price. Just after the 2024 year-end we ffftnally received an offer in writing from the Clty Council to sell the site fftn Cowdray Park to the Zimbabwe Tnist. That is GREAT NEWS. We have a hard road ahead of us to raise around $45,000 to complete the purchase over the next two years. Future Strategy The Trust has now been running for over 12 years and many of the inttial aims have been achieved and even ¢x¢¢eded, including the support for childhood education. Communication wfftth the team in Zimbabwe continues to develop positively and the new local Director has a clear vision as to what can and should be done going fonvard. School fees continued to rise significantly last year. We support a young wheelchair-bound student at a residential special school for the physically d&sabled. The school used to have to charge in local currency, because it was part of the establishment. but has recently been permitted to charge in US$. Whilst the school delivers excellent value for what 15 quite a small termly fee nevertheless It 15 a big cost to our Trust and we have to de¢id¢ whether this is somethii)g ihal we want to continue to try to bear. In the meantime. a donor did come fOrw.d willing to sponsor this ¢hild for another year so her place at the school is secure until at least the end of 2025. Prices have absolutely sky rocketed at the school. in addition to which the rent for the site has risen astroiiomically to 10 times what we were paying a couple of years ago, possibly on account of our having registered a school on the site which increases the ratable value of the land but probably also to do with US$ charging beii)g more widely perniitted. In the UK various fund raising activities were again undertaken. We were again proud of our Music and Cream Tea event held at Thorpe Bay Methodist Church in the Southend area of Essex in July 2024. which raised over nearly US$2,000 in a Single afternoon. We were also blessed to receive a large donation from a corporate supporter following an appeal for funds to lielp with tlie completion of tlie school building. The school building is on our site in Cowdray Park (referenced in the opening paragraph). We ¢oiitinue to invest both finance and enterprise into this Commuiiity Centre. with the Project able lo support 3 number of comniunity initiatives because it has a base from which to operate. The Early Childhood Development (ECD) School is becoming the centre piece. but around the site you will see income generating projects of various kiDd5, homework clubs, infom)al education for out of School youths. weekend kids, clubs, teenagers using our sports facilities to name a few, all contributing towards a feeling of belonging in an environment where love, acceptance and joy are evideiit on a daily basis. Our association with local Ztmbabwean Trust 'Hope Connect" continues to progress and Hope Connect's reputation in the promotion of secure attachment space (with the lifelong benefits that brings to the individual, their family and society as a whole) is growing exponentially so that organisations and individuals, educational facilities and orphanage5 are beginning to seek them out rather than they having to promote their work. Nehemiah Projeet Support Trust is proud of its association with this organisation and keen to contirkue to promote its excellent work by supporting in any way that it can. The economic "terrain" tn Zimbabwe remains very ¢hallenging but we conlinue lo innovate in order to overcome them in pursuit of the goals of the Trust &$ set out under ihe "Obje¢lives and Activities" above. Finaneial review The Trustees are responsible for keeping adequate financial records to show and explain the Trust's sources and use5 of fid5. Total funds raised during the year amounled to £48,371 (2023 £32,241) of which £23,118 (2023 £13.210) represented restricted funds in specific donations. A total of £45,020 (2023- £32,365) was disbursed. giving net surplus(deficit) of £3,351 (2023 (£124)). The balance of £20,774 (2023 £20,898) brought forward from 2023 left total net assets of £24,125 (2023 - £20,774) includlng a peiiding Gift Aid refund of £1160. RestrA¢ted funds now represent a significant majority 85 /0 (2023 _ 81 %) of the charity's funds - please see Note 7 for details. Page 3
Nehemiah Project Support Trust Report of the trustees for the year ended 31 December 2024 On behalf of the board Stev& Isécret2ry an Page 4
Nehemiah Project Support Trust Independent examiner's report to the trustees on the unaudited financial statements of Nehemiah Project Support Trust. I report on the accounts of Nehemiah Project Support Trust for the year ended 31 December 2024 set out on pages 2 to l O. This report is made solely to the charity's Trustees, a5 a body, in accordance with section 145 of the Chaties Act 2011 and regulations niade under section 154 of that Acl. My work has been undertaken so tliat I might stale to the charity's Tnjstees those matters l am required to state to them in an Independent Examiner's report and for no oilier purpose. To the fullest extent perniitted by law. I do not accept or assume responsibility to anyone other than the charity and the cliarity's Trustees as a body, for my work or for this report. The financial 5tatenients have been prepared in accordance with Accoltnting and Reporting by Cl)arities preparing tlieir accounts in accordance with the Financial Reporting Staiidards applicable in the UK and Republic of Irelaiid (FRS 102) in preference to the Accounting and Reporting by Charities: Siateinent of Recommended Practice issued on l April 2005 which is referred to in the extant regulations but has been Mithdrawn. This has been done in order for the accounts to provide a te aiid fair view in accordance with ihe Generally Accepted Accounting Practice effe¢tive for reporting periods beginning on or after l January 2015. Respective responsibilities of trustees and independent examiner The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section l44(2) of the Charities Act 2011 {the Act) and that an independent examination is needed. It is my responsibility to.. examine the financial statemenls under section 145 of the Act- follow th¢ proceedures laid down in the general Directions given by the Charity Conimis5ion under section 145(5)(b) of the Act. and stat¢ whether particular matters have ¢ome to my attention. Basis of independent examiner's statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also incliides consideration of any unusual Items or disclosures in the accounts, and seeking explanations from you as trustees con¢¢rning any siieh 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 financial statements present a rue and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements: to keep proper accounting records in accordance with section 130 of the Act,. and to prepare financial statements which accord with the accounting re¢ords, Accounting and Reportiiig by Charities preparing their financial stalem¢nt5 in accordance with the Flnancial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects comply with the accounting requirements of the Act have not been met. or (li) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Colin Gardner Independent examiner 217 Main Road Hawkwell Hockley Essex SS5 4EQ 9DJI Page 5
Nehemiah Project Support Trust Statement of financial activities For the year ended 31 December 2024 Unrestricted Restricled funds funds 2024 Total 2023 Total Notes Income from: Incoming resources from generating fvnds-. Voluntary income 25.253 23,118 48,371 32.241 Total income 25.253 48.371 32,241 Expenditure on: Charitsble activities 25,393 19,627 45,020 32,365 Total expenditure 25,393 19,627 45,020 32,365 Net movement in funds {140) 3,491 3.351 (124) Total funds brought forward 3,858 16.916 20,774 20.898 Total funds carried forward 3,718 20.407 24,125 20.774 The notes on pages 8 to 10 form an integrgl p4rt of these financial statements. Page 6
Nehemiah Project Support Trust Balance sheet as at 31 December 2024 2024 2023 Notes Current assets Debtors Cash at bank and in hand 1,160 22,965 1,241 19,533 24,125 20,774 Net current assets 24.125 20.774 Net assets 24.125 20,774 Charity funds Restricted funds Unrestricted funds 20,407 3,718 3,858 16,916 Total funds 24.125 20.774 The financial statements were approved by the tntstees and sigiied on their behalf by aon Coupei. Trustee The notes on pages 8 to 10 form an integral part of these finaThtial statements. Page 7
Nehemiah Project Support Trust Notes to financial statements for the year ended 31 December 2024 Accounting policies The principal accounting policies are summari5ed below. The accounting policies have been applied consistently throughout the year and the pre¢eding year. 1.1. Basis of preparation of financial statements he financial statements have been prepared to give a 'true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent requlred to provide a 'true and fair view. This departure has involved following the Charities SORP {FRS 102} published on 16 July 2014 rather than the Accounting and Reporting by Charities= Statement of Recommended Practice effective from l April 2005 which has siiice been withdrawn. The financial statements have been prepared under the historical ¢ost convention with items recognised at cost or transaction value unless othernryse slated in the relevant notes to these accounts. The financial slatenients have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Finaiicial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charitie5 Act 2011. Nehemiah Project Support Trust constitutes a public benefit entity as defined by FRS 102. 1.2. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in rtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are thnds which are to be used in accordance with specific instructions imposed by donors or whiGh have been raised by the charity for particular purpose5. The costs of raising and adminislerkng such funds are charged agaiiist the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 1.3. Incoming resources All iiicoming resources are included in the statement of financial activities when the ¢harity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policie5 are applied to particular categories of in¢ome.' Voluntary income is received by way of grants, donations and gift5 and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific perfornJan¢e by the charity. are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity wliere this can be quantified. The value of services provided by volunteers has not been included. GTfts donated for resale are included as incoming resources within activities for generating funds when they are sold. P#ge 8
Nehemiah Project Support Trust Notes to financial statements for the year ended 31 December 2024 1.4. Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relales. Costs of generating funds eomprise the costs associated with attracting voluntary income and the costs of trading for fvndraising purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activitie5 and services for its beneficiaries. It tncludes both cosls that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Voluntary income Unrestricted Restricted funds funds 2024 Total 2023 Total Donations Gift Aid tax reclaimed 18.686 6,567 23.118 41,804 6.567 30,267 1.974 25.253 23.118 48.371 32,241 Employees No salaries or wages have been paid lo employees, including the trustees, during the year. Debtors 2024 2023 Other debtors 1,160 1,241 Analysis of net assets between funds Unrestricted Restricted funds funds Total funds Fund balances at 31 December 2024 as represented by.. Current assets Current liabilities 3,718 20.407 24,125 3,718 20,407 24,125 Page 9
Nehemiah Project Support Trust Notes to financial statements for the year ended 31 December 2024 Unrestricted funds At l January Incoming Outgoing 2024 re$ourees re50urees At 31 December 2024 General fund 3,858 25,253 25,393 3,718 Restricted funds At At l JgnuAry Incoming Outgoing 31 December 2024 resources resources 2024 Child Sponsorship Pashor & Elton College Sponsorship Hope Connect Corrie Williams lthemba Centre Purchase Fund Anne Smith Education Fund Ruth Family Hardship Fund LCC DonRlion slllff boIiuses Tony Browi building fund Jones Special Projects Fund .800 (3039) {751) {J,953) (87) (11.422) (245) (130) 872 751 7,859 345 4,078 1,464 308 4.908 8.814 258 7.656 1,219 E78 770 385 255 15.000 770 385 255 16.916 23,118 (19.627) 20,407 Transactions with trustees During the year the Trustees and their associates gave a total of £5,198 (2023 - £3,060) in donations to the charity. Page 10