## **THE EZRA AND NEHEMIAH TRUST** ## **FINANCIAL STATEMENTS** ## **FOR** ## **31 DECEMBER 2020** ## **FINANSURE LIMITED** 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF ## **THE EZRA AND NEHEMIAH TRUST** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 DECEMBER 2020** |**CONTENTS**|**PAGES**| |---|---| |Legal and administrative information|**1**| |Report of the trustees|**2 – 4**| |Accountant’s report|**5**| |Receipts and payments accounts|**6**| |Statement of assets and liabilities|**7**| **Page 1** ## **THE EZRA AND NEHEMIAH TRUST** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Charity number** 1157433 **Other working names** T.E.N.T. **Governing instrument** CIO – foundation, registered with the Charity Commission for England and Wales on 10[th] June 2014. **Trustees** Andrew Hughes (Chair) Moira Frew Quintin Wyvern-Batt Esther Peggs Stephen Wood Howell Hodgett (Appointed 10 September 2020) **Principal address** Whitley Montgomery SY15 6UL **Accountants** Luke Howson MAAT Finansure Limited 2 Sheppard Street Brymbo Wrexham LL11 5FF **Page 2** ## **THE EZRA AND NEHEMIAH TRUST** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 DECEMBER 2020** The Ezra and Nehemiah Trust (“TENT”) is a charitable incorporated organisation (CIO) formed to promote the unity and effectiveness of the Body of Christ and to further the Kingdom of God through the provision of resources, and the development of mission, education, and prayer. In the Trust’s deed there are four objectives listed: a) to advance the Christian faith, b) to relieve people in need, c) to advance education according to Christian principles, d) to promote other charitable purposes beneficial to the community. These objectives are primarily centred at the Trust’s camp site in in Powys, Wales, but can also be applied throughout the United Kingdom, or anywhere else in the world. ## **Trustees** The trustees who served during the year were: Andrew Hughes (Chair), Moira Frew, Quintin Wyvern-Batt, Stephen Wood, Esther Peggs, Howell Hodgett. New trustees are appointed by the current board of trustees in accordance with the constitution. ## **Risk Management, Financial Review and Reserves** The charity operates a robust attitude to risk management. All our activities are insured according to applicable law. Full risk assessments are undertaken with records kept and reviews regularly undertaken. With regard to overall risk management relating to the charity and its operation, the trustees meet several times a year and a portion of our time together is given towards looking at the big picture. This would include discussion on past experience, current operations and future planning. We are confident that we are doing all we can to ensure the ongoing and successful outworking of our charitable aims. The charity held £15,112 in total reserves at the year end, of which £3,101 are unrestricted. Financially, and as a condition of a donor who gave a large capital sum, we have invested that sum into a prudent fund, currently COIF. We have agreed a policy of always keeping sufficient monies in reserve to cover unexpected needs. We view a portion of this capital sum as our reserve. The interest is used as income for the charity and is treated as distributable to our recipients. ## **Activities overview** The trust began 2020 with plans to expand our work at Middle Park involving some material development of the site and facilities, and a focus on increasing bookings to see more young people benefit from all that we have to offer – particular during the summer months. Sadly, the Covid pandemic put paid to many of our plans and all of our bookings. We were, however, able to undertake some essential maintenance and development work, and have maintained good relations with those hoping to use Middle Park once the pandemic is over. **Page 3** ## **THE EZRA AND NEHEMIAH TRUST** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 DECEMBER 2020** ## **Site maintenance and development** During the year, development work has been carried out to our camp site in Welshpool, with much of the work being undertaken by small teams of volunteers working in an appropriate, sociallydistanced manner. Work undertaken will be of great value going forward, and includes the installation of two cattle grids. This allows us to remove some of the barbed animal fencing at the heart of the camp site. We have also been able to upgrade and bury underground our water supply pipes, and to weatherproof its distribution system. Over recent years, a significant part of a former tractor shed, used for storage and a workshop, had been badly damaged by snow load and high winds. It had reached the end of its serviceable life. Volunteers have demolished this and, thanks to kind donations and the sale of some redundant equipment, we were able to purchase a 40ft shipping container as the first phase of our new storage. This has been installed adjacent to the main marquee, and will greatly ease operations. It also opens up the views over the site and the magnificent hills beyond. Future short-term development plans include the development of a zip line, and the purchase of two smaller shipping containers which will be used as workshop and laundry. We have new plans for accommodating our guests once Covid restrictions are lifted, and are looking at further development in the future. Our aim remains to benefit the groups of young people who come to Middle Park for the fun, fellowship and experience our facilities, whilst also demonstrating great value for money to our generous donors. ## **Management and external relationships** We have welcomed Howell Hodgett to the board, and have also set up three working groups to assist coordinate and direct future development and maintenance. These include board members and many committed volunteers who find time to help and support us in every way. Despite being without our normal income, we continue to have a good relationship with our landlords, the Powis Castle Estate, and are grateful for their practical assistance, wise counsel and generosity in helping us through 2020. We continue to have constructive working relationships with other users of Middle Park, including the shoot and the farmer. ## **Conclusion** We remain excited about the possibilities of further developing our aims and objectives, and are especially thankful for all that has been achieved in this most difficult of years. Because we have had no income in 2020, we are especially grateful for the kind donations from individuals, churches and others which have enabled us to keep going, and to those many volunteers for their sacrifice of time and energy to serve. Looking ahead, we hope to see greater use of Middle Park and, as outlined above, are working to further upgrade our many facilities to optimise this. As always, we give thanks to our Lord for all that has been accomplished through our faith in Jesus, and the work of the Holy Spirit on behalf of the Kingdom of God. **Page 4** ## **THE EZRA AND NEHEMIAH TRUST** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 DECEMBER 2020** ## **Public Benefit** The trustees have had regard to the guidance issued by the Charity Commission on public benefit. This report identifies how the work of the charity has been for the benefit of the public. ## **Trustees’ responsibilities** Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that year. In preparing those financial statements the trustees are required to: - a) select suitable accounting policies and apply them consistently; - b) make judgments and estimates that are reasonable and prudent; - c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; - d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. ## 4th March 2021 This report was approved by the trustees on ………………………………. and is signed on their behalf by: ……………………………………… Andrew- Hughes Andrew Hughes (Chair) **Page 5** ## **THE EZRA AND NEHEMIAH TRUST** ## **ACCOUNTANT’S REPORT TO THE TRUSTEES** ## **YEAR ENDED 31 DECEMBER 2020** In order to assist you to fulfil your duties under the Charities Act 2011, we have compiled the financial statements of the charity which comprise the Statement of Financial Activities, and the related notes from the accounting records and information and explanations you have given us. This report is made to the Charity’s Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Charity’s Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s Board of Trustees, as a body, for our work or for this report. You have acknowledged on the balance sheet as at 31 December 2020 your duty to ensure that the charity has kept proper accounting records and to prepare financial statements that give a true and fair view under the Charities Act 2011. You consider that the charity is exempt from the statutory requirement for an audit for the year. We have not been instructed to carry out an audit of these financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. 10th March 2021 ………………………………………….. ………………………………….. ; L M Howson MAAT Finansure Ltd, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF **Page 6** ## **THE EZRA AND NEHEMIAH TRUST** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **YEAR ENDED 31 DECEMBER 2020** |**RECEIPTS**
Donations received
Operating income
Investment income
COIF revaluation
Proceeds from sale of assets
TOTAL RECEIPTS
**PAYMENTS**
Operating costs
Other expenses
**ASSET PURCHASES**
TOTAL PAYMENTS
**NET OF RECEIPTS/(PAYMENTS)**
Transfers between funds
Net of receipts/(payments) after
transfers
Cash funds last p/e
Cash funds this p/e|Unrestricted
funds
Restricted
funds
**Total**
Total
11-mths
2020
2020
**2020**
Dec 2019
£
£
**£**
£
7,684
-
**7,684**
13,760
357
-
**357**
11,841
479
1,194
-
-
**479**
**1,194**
466
1,691
3,500
-
**3,500**
-| |---|---| ||13,214
-
**13,214**
27,758| ||11,534
-
**11,534**
16,789
3,568
-
**3,568**
2,168
2,010
-
**2,010**
12,605| ||17,112
-
**17,112**
31,562| ||(3,898)
-
**(3,898)**
(3,804)
(12,010)
12,010
-
-| ||(15,908)
12,010
**(3,898)**
(3,804)
19,010
-
**19,010**
22,814| ||3,102
12,010
**15,112**
19,010| **Page 7** ## **THE EZRA AND NEHEMIAH TRUST** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **31 DECEMBER 2020** ||**2020**|2019| |---|---|---| ||**£**|£| |**CASH FUNDS**||| |Lloyds current account|**3,722**|3,814| |COIF investment account (market value)|**11,390**|15,196| ||────|────| |**TOTAL CASH FUNDS**|**15,112**|19,010| ||────|────| ||**Current value**| |---|---| ||**(General funds)**| ||**£**| |**ASSETS RETAINED FOR THE CHARITY’S OWN USE**|| |Marquees & tents|**15,600**| |Outbuildings|**13,300**| |Vehicles|**8,820**| |Kitchen equipment|**7,850**| |Electrical equipment|**1,030**| |Specialty items|**7,020**| |Other assets|**11,057**| ||────| ||**64,677**| ||────| 4th March 2021 These receipts and payments accounts were approved by the trustees on …………………………………. and are signed on their behalf by: ……………………………………… Andrew Hughes (Chair)