2023-12-31-accounts - The St. Timothy Foundation

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 01 2023 To 31 12 2023

Section A Reference and administration details

Charity name The St. Timothy Foundation Other names charity is known by Sudan Support Fund Registered charity number (if any) 1151171

The St. Timothy Foundation

Charity's principal address Fairacre Upavon Road, North Newnton Pewsey Postcode SN9 6JT

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Rev E. Ann Massey	Chair and Secretary
	Mr J. R. M. Mason
	Dr Virginia Thorne

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)

Mr John David Massey – Treasurer (Unpaid Volunteer)

Section B Structure, governance and management

Description of the charity’s trusts

Charitable Incorporated Organisation constitution Type of governing document

(eg. trust deed, constitution)

How the charity is constituted

CIO

(eg. trust, association, company)

Apart from the first charity trustees, every trustee must be appointed by a Trustee selection methods resolution passed at a properly convened meeting of the charity trustees. (eg. appointed by, elected by) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of The St. Timothy Foundation.

Additional governance issues (Optional information)

The charity is managed according to its constitution by means of regular You may choose to include trustee meetings to which other interested parties are invited for their additional information, where specific knowledge and skills. A copy of the constitution is available from relevant, about: the Secretary on request.

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To advance the education of the pupils at St. Timothy’s School, Nzara, and other schools in the Republic of South Sudan, by providing and assisting in the provision of facilities for the education of the children regardless of their background, status or family finances.

To develop the capacity and skills of the socially and economically disadvantaged members of the community of the Republic of South Sudan so that they are better able to identify and contribute to meeting their own

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needs and those of their wider society.

To relieve poverty and financial hardship in the Republic of South Sudan by assisting in the provision of education, training, healthcare projects and any other means by which individuals may be able to generate a sustainable adequate income for their daily needs.

To provide activities, education opportunities and general support to young people in the Republic of Sudan for them to develop skills and abilities to advance in life and participate fully in society as independent, skilled, mature and responsible individuals.

Fund raising incorporating ticketed and non-ticketed events, regular donations, one-off special appeal donations and ad-hoc donations. Donations make up approximately half of the grants sent to South Sudan.

Each Trustee declares that:

they are fully aware of the organisation’s objectives and other provisions set out in the governing document.
they are not disqualified from acting as a charity trustee because of sections 72 and 73 of the Charities Act 1993.
they are not disqualified and/or barred from acting as a trustee under the provisions of the Safeguarding Vulnerable Groups Act 2006 applicable to people who are working in a regulated and/or controlled activity.

The Trustees individually and jointly declare:

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

the funds of the organisation are held in an account in the name of the charity (The St. Timothy Foundation).
the information held on the application form and on each Trustee form is true, complete and correct
they understand the information in this declaration will be used by the Charity Commission in discharging its statutory purpose and that knowingly making a false or misleading statement is a criminal offence under Section 11 of the Charities Act 1993.
they have received the Charity Commission’s guidance ‘The Essential Trustee: What you need to know (CC3)’ and have read it and are aware of their responsibilities.
Each Trustee, jointly and singly, declares below that any private benefits received by any person, connected or otherwise:
directly contribute towards achieving the organisation’s purposes and are a necessary result of carrying out those purposes; or
are a necessary by-product of carrying out those purposes; and
in either case are not excessive in the circumstances.

In addition, monitoring of progress and outcomes of agreed local projects, including signs of unforeseen possible detriment or harm, are documented.

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

The Trustees consider grants only in response to written applications accompanied by a fully costed budget. Questions are asked if clarification is needed. There is not a formal application form for grants.

Each application is assessed in line with the objectives in the constitution to judge whether the whole or, in part, qualifies for consideration. Funds available limit the response to what otherwise would be a successful application.

Volunteers give their time freely to all events. They do ask for expenses to be paid at times and these are made formally via an Expense Form and accompanying receipts. There are no travel expenses.

Section D Achievements and performance

Summary of the main During 2023 a full programme of fundraising events took place. An achievements of the charity increase in grants was made to the St Timothy School in Nzara whilst during the year also increasing the Reserve funds in line with the Trustees aim to increase the reserves to the equivalent of one year of donations to the schools it supports in South Sudan. The first payment for 2023 was made in November 2022.

St Timothy’s School continue to support over 1,000 disadvantaged children with the payment of teacher salaries by The St Timothy Foundation. The Secondary School continues under the Mango Trees. Both schools are running well. The Ugandan curriculum and associated tests for achievement continue. The Foundation is in frequent contact with the Bishop of Nzara and the Administrator of the school. Photographs and updates of progress have been received. The St Timothy Foundation also supported ECS Diawo Nursery and Primary School Nzara Diocese (an under the mango trees school) Additionally to the school support given in Nzara, a legacy received for the sum of £6,000 was divided between Yambio and Nzara Microfinance projects. To provide support to Yambio was agreed by the Trustees. £3,000 was given to establish a Microfinance project in Yambio and £3,000 given to the Microfinance project in Nzara to boost the number of women able to avail themselves of the project for support in establishing their businesses.

Section E Financial review

Policy: The Trustees aim to hold in reserve an amount to cover annual Brief statement of the committed expenditure in Nzara for Teacher salaries and resources i.e. charity’s policy on reserves £18,000. Due mainly to inflation the aim is to increase the Reserve in line with an increase in giving. As at 31 December 2023 the reserve is £11,920.54 held in the CCLA COIF Charities Deposit Fund Account plus £4,000 held in the CAF Gold Account. Details of any funds materially None in deficit

Further financial review details (Optional information)

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You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;

Expenditure has been on Teacher salaries at St Timothy’s School and ECS Diawo Nursery and Primary School Nzara Diocese. In addition the legacy of £6,000 was donated to Microfinance projects in Yambio and Nzara. Nzara is a sub-diocese of Yambio.

The Reserve funds are held in CCLA’s COIF Charities Deposit Fund. £4,000 is reserved in the CAF Gold Account to increase the reserves held in the CCLA’s COIF Charities Deposit Fund.

investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Mr David Massey, the Treasurer since 1[st] January 2023, presented up to date accounts at Trustee meetings and Volunteer Meetings.

Main bank account details:

Lloyds Bank Devizes

Branch Sort Code: 30-92-63 Account Name: The St. Timothy Foundation Account No: 03363288 The following bank accounts are also held: CAF Cash Account : The St Timothy CAF Cash Account Sort Code: 40-52-40 Account No: 00036718

CAF Gold Account: The St Timothy CAF Gold Account Sort Code: 40-52-40 Account No: 00101395

2023 Financial Year End Figures

Income: £29,538.18

Expenditure i.e. Grants to South Sudan: £9,000, £6,000 = £15,000 (Note Additional £10,000 paid to South Sudan in November 2022 in advance of January 2023)

Expenditure within UK: £1001.57 Direct Expenses plus £315.84 Overheads

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Elizabeth Ann Massey Position (eg Secretary, Chair, Chair of Trustees etc) Date 10 October 2024

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Charity Number 1151171

The St Timothy Foundation

Statement of Assets and Liabilities as at 31 December 2023

ASSETS

ASSETS
Fixed Assets
	Total Fixed Assets	£0.00
Current Assets
1200 - Lloyds Bank Account	£2,307.66
1210 - Petty Cash	£100.00
1220 - Cash Register	£174.79
1240 - CCLA - COIF Charities Deposit Fund	£11,920.54
1250 - St Timothy CAF Cash Account	£1,060.18
1260 - St Timothy CAF Gold Account	£10,143.86
	Total Current Assets	£25,707.03
	TOTAL ASSETS	£25,707.03
LIABILITIES
Current Liabilities
	Total Current Liabilities	£0.00
Future Liabilities
	Total Future Liabilities	£0.00
	TOTAL LIABILITIES	£0.00
	TOTAL NET ASSETS	£25,707.03
EQUITY
Net Profit / Loss	£25,707.03
Net Profit / Loss (prior year(s))	£12,486.26
Net Profit / Loss (current year)	£13,220.77
	TOTAL EQUITY	£25,707.03

The St Timothy Foundation

Charity Number 1151171

Receipts and Payments from 1 January 2023 to 31 December 2023

Receipts
4000 - Sales - Event Tickets	£2,645.00
4010 - Sales - Raffle Tickets	£188.00
4020 - Sales - Craft	£638.09
4030 - Sales - Plants	£1,020.53
4040 - Sales - Refreshments	£1,618.31
4900 - Other income	£0.10
4950 - Monthly Donations	£7,753.00
4952 - Other Regular Donations	£423.23
4954 - One-off Donations	£9,561.01
4956 - Donations from Events	£2,046.35
4958 - PCC Donations	£1,383.80
4960 - CAF Voucher Donations	£100.00
4980 - HMRC Gift Aid Net	£1,639.74
4990 - Bank Interest Received	£521.02
	Total Receipts	£29,538.18
Direct Expenses
5002 - Payments to South Sudan	£15,000.00
5015 - Expense Claim Reimbursements	£627.57
5060 - Other Direct Expenses	£150.00
5120 - Ticket Sale Refunds	£72.00
7105 - Venue Hire	£152.00
	Total Direct Expenses	£16,001.57
	GROSS PROFIT / LOSS	£13,536.61
Overheads
7140 - Public Liability Insurance	£173.67
7610 - Accountancy Fees	£64.80
7900 - Bank Charges and Interest	£77.37
	Total Overheads	£315.84
	NET PROFIT / LOSS	£13,220.77

Independent examiner’s report to the trustees of the St Timothy Foundation

I report to the charity trustees on my examination of the accounts of the St Timothy Foundation for the year ended 31 December 2023.

Responsibilities and basis of report

As the Charity Trustees of the St Timothy Foundation 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 accounts carried out under section 145 of the Act. In carrying out my examination I have followed all 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 and 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:

accounting records were not kept as required by section 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have not come across any other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Signed: Date:

Peter Morgans 11 Sandringham Road Swindon SN3 1HW