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2022-12-31-accounts

DRAFT! NOT FOR SUBMISSION

Trustees’ Annual Report & Financial Statements for the period 1 January 2022 to 31 December 2022

Objectives and Activities ............................................................................................................... 2 Achievements and Performance ................................................................................................... 2 Financial Review ............................................................................................................................ 3 Structure, Governance and Management .................................................................................... 4 Statement of Financial Accounts .................................................................................................. 6 Balance Sheet ................................................................................................................................ 7 Notes to the Financial Statements ................................................................................................ 8

The Association for Cooperation and Transformation (UK) Charity registration number: 1171731

Trustees’ Annual Report, 2022

Objectives and Activities

Purposes of the charity

The Association for Cooperation and Transformation (UK) (known as “ACT (UK)”) has the following purposes set out in its constitution:

In furtherance of the Christian principles, the Object of the CIO is, for the public benefit, the relief of those in need by reason of financial hardship, ill-health, disability, unemployment, war or natural disaster and such other social or economic disadvantage, including (but not limited to) such persons living in North Africa.

The charity’s main activities

The charity seeks to inform and to raise funding for humanitarian and development projects in North Africa through:

The charity also seeks to network with other charities in order to publicise the needs of North Africa and to look for recruits to engage in such work.

Working for the public benefit

In the Charity’s involvement in these projects and in all its activities, the Trustees have had full regard to the guidance issued by the Charity Commission as to the public benefit.

Grant-making

ACT (UK) has a grant-making policy, mandating the trustees to apply the funds of the charity at their discretion and in accordance with the charitable purposes and objectives of the charity. Specific clauses relate to:

Achievements and Performance

Main achievements this year

Two specific situations have impacted the work of the Charity this year.

As the year started, two of the five Trustees were in Tunisia for 4 months. One of them had been asked to step into a role as General Director of ACT in Tunisia.

Page 2 of 12

Trustees’ Annual Report, 2022

The second impact was the decision to organise an ‘ACT40’ event, to commemorate 40 years of the work of ACT in Tunisia. This took place on 26[th] November 2022 in Birmingham, and brought together some 40 past staff members and supporters. This was a significant event, restoring many relationship[s with key personnel and seeking to build a platform for expanding involvement with ACT(UK).

These two situations meant that Trustee time for the regular activities of the Charity was limited. Nevertheless, a grant of £11,869 was made to ACT International, for charitable work in Tunisia.

Existing regular funding was received and processed and Trustee meetings continued; policies and procedures were updated as required, and all other administrative matters of the charity were attended to.

Performance against fundraising objectives

The Charity has an objective in normal times of raising around £10,000 each year. As mentioned above, Trustee time for fundraising was restricted this year. This resulted in an income of £3,275. Although less than the agreed target, the Trustees are satisfied that this is a satisfactory performance, given the situations faced this year.

Financial Review

The charity’s position at the end of the period

ACT (UK) was solvent and had cash reserves at the end of the financial year, despite not having engaged in any significant fund-raising activity. The trustees recognised their responsibilities in accordance with applicable law and regulation, and had prepared financial statements accordingly, being satisfied that they give a true and fair view of the state of affairs of the charity, and the incoming resources and application of those resources, including the income and expenditure, of the charity for the reporting period.

Reserves

Policy

The charity has no paid staff or premises. A sum is held against any unforeseen financial risks or possible legal costs. An updated investments and reserves policy was agreed in October 2019.

The charity holds as a minimum a reserve of £2,000, this having been judged by the trustees to be a suitable minimum amount, considering the potential demands on the charity.

Ongoing concern

The trustees have no concerns about the charity continuing as a going concern for the forthcoming period.

Principal source of funds

The charity seeks funds from:

Page 3 of 12

Trustees’ Annual Report, 2022

Structure, Governance and Management

Structure

ACT (UK) is a Charitable Incorporated Organisation and has a CIO Foundation Constitution.

Governance and Management

According to the Constitution, new Trustees are appointed by the existing Trustees at a properly constituted meeting. This is done with regard to the skills and experience needed by the Board of Trustees to ensure the successful functioning of the Charity.

Trustees

The Charity is governed and managed by five Trustees. There have been no changes to the Trustees in the current year. The trustees managing the charity are:

Dates served
Trustee name Office (if notfor wholeyear)
Howard Jones Chair
Martin Lawson Treasurer
Ismay Green Safeguarding Officer
Stephen Green
Janet Jones

There are no corporate trustees, and no trustees hold title to any property belonging to the charity.

Relationships with others

ACT (UK) is linked by a Memorandum of Understanding with ACT, a charity registered in Sweden and Tunisia. ACT works in association with a wide range of government departments and charities in Tunisia and provides local expertise in the use of project funds. ACT (UK) retains full control of which projects it chooses to fund and receives monitoring feedback concerning the use of funds and the achievement of project goals.

No funds are held as custodian trustees on behalf of others.

Administrative details

Charity name The Association for Cooperation and Transformation (UK) Other name the charity uses ACT (UK) Registered charity number 1171731 Charity's principal address 3, Overbrook Great Ayton North Yorkshire TS9 6NX

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Trustees’ Annual Report, 2022

Declarations

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

Signed on behalf of the charity’s trustees:

----- Start of picture text -----
Signature:
Full name: Howard Robert Ralph Jones Martin David Geoffrey Lawson
Position: Chair Treasurer
Date: 27/10/23 29/10/23
----- End of picture text -----

Page 5 of 12

Financial Statements, 2022

Statement of Financial Accounts

(Including summary income and expenditure account) For the year ended 31[st] December 2022

Income (Note 3)
Income and endowments from:		 Unrestricted
funds
£
F01
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
F02
F03
F04
F05
Donations and legacies
Investments
Other trading activities
Separate material item of income
Other
Charitable activities		 1,039
-
105
-
-
-		 2,131
-
3,170
14,124
-
-
-
-
-
-
105
47
-
-
-
-
-
-
-
-
-
-
-
-
Expenditure (Notes 6)
Expenditure on:
Total		 1,144 2,131
-
3,275
14,171
- Grants to ACT (International)
Tax payable
Net gains/(losses) on
investments
Extraordinary items
Other gains/(losses)
See note 7
Reconciliation of funds:
Total funds carried forward
Total
Net income/(expenditure) after tax before
investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Total funds brought forward
Net movement in funds
Gains and losses on revaluation of fixed assets
for the charity’s own use
Charitable activities:
Separate material expense item
Other recognised gains/(losses):
Net income/(expenditure) before tax for the
reporting period
Raising funds
Other		 464
-
-
-
96		 6
-
470
29
-
-
-
-
11,869
-
11,869
10,800
-
-
-
-
-
-
96
95
561 11,875
-
12,435
10,924
584 9,744
-
-
9,160
-
3,246
- -
-
-
-
584 9,744
-
-
9,160
-
3,246
- -
-
-
-
584 9,744
-
-
9,160
-
3,246
-
-
-
-
 -
-
-
-
-
-
-
-
-
-
-
635
-
-
635
-
-
584 10,378
-
-
9,795
-
3,246
4,872 -
-
4,872
1,626
5,456 10,378
-
-
4,923
-
4,872

All activities relate to continuing activities. The notes on the following pages form part of these financial statements.

Page 6 of 12

Financial Statements, 2022

Balance Sheet

As at 31[st] December 2022

Fixed assets Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05
Intangible assets (Note 15)
Tangible assets (Note 14)
Heritage assets (Note 16)
Investments(Note 17)		 - - -
-
-
- - -
-
-
- - -
-
-
- - -
-
-
Total fixed assets
Current assets		 -
-
-
-
-
Stocks (Note 18)
Debtors (Note 19)
Investments (Note 17.4)
Cash at bank and in hand (Note 24)
Total current assets
Creditors: amounts falling due within one
year (Note 20)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after one
year (Note 20)
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity		 - - -
-
-
- - -
-
2,824
- -
-
-
12,446 - -
12,446
8,386
12,446
-
-
12,446
11,211
11,030 - -
11,030
-
1,416
-
-
1,416
11,211
1,416
-
-
1,416
11,211
- - -
-
-
- - -
-
-
1,416
-
-
1,416
11,211
Endowment funds (Note 27)
Restricted income funds (Note 27)
Unrestricted funds
Revaluation reserve
Fair value reserve		 -
-
-
-
-
-
1,416
-
1,416
11,211
-
Total funds 1,416
-
-
1,416
11,211

Signed by two trustees on behalf of all the trustees.

Date of approval: 27 October 2023

Howard Jones, Chair Martin Lawson, Treasurer

Page 7 of 12

Financial Statements, 2022

Notes to the Financial Statements

Note 1 – Basis of Preparation

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.

Going concern

The charity has sufficient income from general donations to support its own costs and meets the trustees' requirements for it to be considered a going concern.

Changes in the period and in prior periods

The accounts present a true and fair view and no changes have been made to the accounting policies.

No changes to accounting estimates have occurred in the reporting period.

No material prior year errors have been identified in the reporting period.

Note 2 – Accounting Policies

Income

Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources; or it is more likely than not that the trustees will receive the resources; or the monetary value can be measured with sufficient reliability.

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Grants and donations are only included in the SoFA when the general income recognition criteria are met. The charity has not received any government grants in the reporting period.

The charity did not receive any government grants in the reporting period.

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Page 8 of 12

Financial Statements, 2022

Membership subscriptions received in the nature of a gift are recognised as Donations.

No material item of deferred income has been included in the accounts.

Note 3 – Analysis of income

Donations and Legacies: Unrestricte
d funds
Restricted
income
funds
Endowmen
t funds
Total funds Prior year
£
£
Donations and gifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, facilities and services
Other		 773 2,131
-
2,904
13,750
12 - -
12
120
- - -
-
-
- - -
-
-
255 - -
255
255
- - -
-
-
- - -
-
-
Total
Other trading activities:		 1,039
2,131
-
3,170
14,124
Sale of items in online shop
Other
Total
TOTAL INCOME		 105 - -
105
47
- - -
-
-
- - -
-
-
- - -
-
-
105
-
-
105
47
1,144
2,131
-
3,275
14,171

Sums denominated in foreign currency have been converted at source, by our payment processor, using the rate available to them. All foreign donations have been received and accounted for in Sterling.

Page 9 of 12

Financial Statements, 2022

Note 6 – Analysis of expenditure

Expenditure on raising funds: Unrestricted
funds
Restricted
income
funds
Endowme
nt funds
This year		 Total funds
Unrestricte
d funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
Last year
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants
Operating membership schemes and social
lotteries
Staging fundraising events
Fudraising agents
Operating charity shops		 7 6 -
- - -
- - -
5 - -
450 - -
- - -
3 - -
12
6 19
-
25

-
- - -
-

-
- - -
-

5
4
- -
4

450
- - -
-

-
- - -
-

3
- - -
-
Analysis of expenditure on charitable activities
Total expenditure on raising funds
Activity or programme
TOTAL EXPENDITURE
Other information:		 464
6
-		 470
10
19
-
29
464
6
-
Activities
undertaken
directly
Grant
funding of
activities
Support
Costs
£
£
£
This year		 470
10
19
-
29
Total this
year
Activities
undertaken
directly
Grant
funding of
activities
Support
Costs
Total last
year
£
£
£
£
£
Last year
- Grants to ACT (International)
Activity 2
Other		 - 11,000 869
- - -
- - -
11,869
- 10,800 -
10,800

-
- - -
-

-
- - -
-
Total -
11,000
869		 11,869
-
10,800
-
10,800

Note 7 – Extraordinary items

Extraordinary items Description This year
£		 Last year
£
Extraordinary item 1 Write-off of unrecoverable Paypal balance 635 -
Total extraordinary items 635 -

During the year the Trustees took the difficult decision to write-off the balance of their Paypal account, which has been frozen by Paypal since 2020, when used for COVID fundraising. Despite several attempts, Paypal have failed to release these funds and return them to ACT (UK).

Page 10 of 12

Financial Statements, 2022

Note 13 – Analysis of grants paid

This year:
13.1 Analysis of grants paid (included i		 Grants to institutions Grants to individuals
Support costs
Total
£
£
n cost of charitable activities)
- Grants to ACT (International)
Activity or project 2
Activity or project 3
Activityorproject 4		 11,000
- 869.00
11,869
- - -
-
- - -
-
- - -
-
Total
Last year:
Analysis
13.3 Analysis of grants paid (included i		 11,000
-
869
11,869
Grants to institutions Grants to individuals
Support costs
Total
£
£
n cost of charitable activities)
Grant to ACT (Int)
Activity or project 2
Activity or project 3
Activityorproject 4		 10,080
- -
10,080
- - -
-
- - -
-
- - -
-
Total 10,080
-
-
10,080

Note 19 – Debtors and pre-payments

te 19 – Debtors and pre-payments
Analysis of debtors This year
Last year
£
£
Trade debtors
Prepayments and accrued income
Other debtors		 -
-2,824.2
-
te 20 – Creditors
Total
Analysis of creditors
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors		 -
2,824
This year
Last year
This year
Last year
£
£
£
£
11,000
--
-
---
-
---
-
---
-
---
-
---
-
30
-
-
Amounts falling due
within one year
Amounts falling due
after more than one year
Total 11,030
-		 -
-

Note 20 – Creditors

There was an outstanding payment due to the Association for Cooperation and Transformation (International) agreed before year end, but with payment made subsequent to the year end.

Page 11 of 12

Financial Statements, 2022

Note 24 – Cash at bank and in hand

te 24 – Cash at bank and in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date) -
 -
Short term deposits -
 -
Cash at bank and on hand 12,446.0 8,386
Other -
 -
Total 12,446 8,386

The trustees recognise their responsibility to distribute funds collected, and have committed to reduce funds through distribution to beneficiaries, to reduce the cash balance to closer to the agreed minimum.

Note 28 – Transactions with trustees and related parties

Remuneration and benefits

In both the current period and the previous period none of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity.

Expenses

The charity has paid trustees the following expenses for fulfilling their duties:

This year Last year
Type of expenses reimbursed £ £
Travel
- -
Subsistence
- -
Accommodation
- -
Other (please specify): Repayment of other costs paid by trustee 96 65
- -
TOTAL 96 65
Please provide the number of trustees reimbursed for expenses or who had 2 1
expenses paid by the charity

Related party transactions

In both the current period and the previous period none of the trustees, or entities with which they have an interest, have had any significant transactions with the charity.

Page 12 of 12