2021-07-31-accounts - Trans4m International

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Trans4m International

Report and Accounts Year ended 31 July 2021

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

TRANS4M INTERNATIONAL

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 JULY 2021

ADDRESS FOR CORRESPONDENCE 33 Lower Hall Lane Walsall WS1 1RR GOVERNING DOCUMENT CIO constitution dated 10 March 2017 CHARITY REGISTRATION NUMBER 1172041 TRUSTEES RESPONSIBLE FOR Mr Stephen Kirk MANAGING THE CHARITY Miss Sarah Kirk Miss Esther Kirk Mr David Perry (from 22 January 2021) Mrs Gillian Perry (from 22 January 2021) Mr Michael Vinton (from 20 May 2021) KEY MANAGEMENT Mr Victor Gledhill INDEPENDENT EXAMINER Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts

Page 1

TRANS4M INTERNATIONAL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 JULY 2021

The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 July 2021.

Objects of the charity

a) Prevention or relief of poverty in, but not limited to, developing countries by provision of grants, items and services to individuals, organisations, educational establishments, communities and the like.

b) Grants to identified needs in the UK.

c) Advance the Christian religion for the benefit of the public through training of Christian workers, literature and other means.

Main activities

a) Water exploration and drilling

b) Overseeing development projects

c) Educational and employment needs

d) Christian conferences and teaching

e) Health needs f) Community outreach

g) Food distribution

h) Donating to individuals, families, communities to relieve poverty, medical expenses

Main achievements

Due to the Covid19 pandemic, no overseas visits have been made during this year. However, Vic Gledhill has maintained contact with our overseas partners by email, phone calls and WhatsApp. Zoom video conferencing was also conducted on two occasions from trustees’ meetings to Hanok in Nepal and Eric Mudenyo in Kenya. These Zoom meetings were very encouraging and helpful, enabling the trustees to “meet” our partners. Most of the grants were for Covid relief, although not exclusively, as can be seen below.

a) Kenya Korr water project: Installation of desalination plant and its on-going maintenance would be expensive. Investigating the possibility if an alternative solution could be found. Covid19 pandemic has delayed further investigation.

b) Kenya Covid19 pandemic: Grants have been made for food to communities. Due to lockdown, people are unable to work and earn money.

c) Kenya medical aid: A grant was made for an emergency operation and medical costs for Eric’s wife (Trans4m International partner). Grant was made for Moses’ medical training.

d) Nigeria Covid19 pandemic: Grants have been made for food to communities. Due to lockdown, people are unable to work and earn money.

e) Nepal water project: Restoration of water to high mountainous villages is on-going where possible, but slow progress due to Covid19 pandemic. Water supply to Niure was completed in March 2021. Humla village water supply completed in April 2021; the people here are Dalits (“untouchables”) and they now have their own water supply. A number of baptisms took place, resulting from 10 years of ministry by a Nepalese “missionary”, using their own “new” water! Another 7000 metres pipeline in the Humla region will be completed in August 2021.

f) Nepal Covid19 pandemic: Majority of grants were made for food to communities, where, due to lockdown, people are unable to work and earn money. A number of church pastors have been taken by Covid19 leaving widows and children without means of financial support. Trans4m International has sent grants for this need. Whilst searching out most marginalised people groups, a previously unknown “Sonaha” ethic minority Dalit community was discovered in South-West Nepal. They were desperate for food and we were able to help. Many contacts have been made through food aid, giving opportunity to bring the gospel of salvation in Jesus Christ.

g) Nepal general: Grants were made to buy blankets for prisoners in jail, visited by one of our partners. Grant was made to purchase motor bikes for community outreach workers.

h) Pakistan Covid19 pandemic: Grants have been made for food to communities.

i) India: Grants were made to (i) Bethany Hospital in Thane, (ii) Shishir Kerketta hospital fees. Pictorial reports relating to many of the projects mentioned are available up request.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Page 2

TRANS4M INTERNATIONAL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 JULY 2021

Structure, governance and management

The policy and operating decisions of the Charity rest with the Trustees who meet regularly to monitor the activities of the Charity. New Trustees are recruited and appointed by a majority of existing Trustees.

Financial review

The Trustees of Trans4m International are very grateful for the generous giving of individuals, charitable trusts and organisations to the cause of the charity. Generous donations have enabled the financial status at the end of year to be healthy and puts the charity in a good position for the year ahead.

During the year receipts totalled £101,867 and total payments were £137,215, so that cash balances decreased by £35,349 to £102,197, of which £86,866 was unrestricted cash.

Reserves policy

The Trustees have adopted a policy of holding unrestricted reserves equivalent to six months’ normal operating costs. At year end the unrestricted cash reserves amount to £86,866 which exceeds the target.

Key risks and uncertainties

The Trustees have reviewed the risks to which a small charity operating with just one employee is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.

Plans for the future

Future plans remain restricted and influenced by the current Corvid19 pandemic. However, the following is envisaged, but not exclusive:

To all relevant counties (as below and others): Covid19 relief grants.

Nepal : Continued restoration of water supplies to villages. Community outreach and relief.

Kenya: Completion of Korr district water supply by resolving (rebuilding?) the water tower collapse and finding a possible alternative to installing a reverse osmosis water desalination plant. Community outreach and relief where needed.

Nigeria and Pakistan : community aid and outreach as needed

All of the above activities will be carried out and overseen by the charity’s trusted local partners in conjunction with considerations and directions from T4I CEO Victor Gledhill and Trustees. Communications will continue via email, WhatsApp, phone calls, until such time as physical visits can be made (subject to lifting of Covid restrictions).

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:

STEPHEN KIRK

Date: 12 November 2021

Page 3

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

TRANS4M INTERNATIONAL

I report to the trustees on my examination of the accounts of Trans4m International ('the charity') for the year ended 31 July 2021 on pages 5 to 8 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.

Stephen Mathews FCA

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 23 November 2021

Page 4

TRANS4M INTERNATIONAL

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 JULY 2021

Unrestricted General Funds £ 34,871 1,456 36,327 33,921 27,867 61,789 (25,462) (600)	Restricted Funds £ 65,540 - 65,540 29,705 45,722 75,427 (9,887) 600	2020 £
		133,010 789
		133,798
		83,578 76,155
		159,732
		(25,934) -
(26,062) 112,928	(9,287) 24,617	(25,934) 163,480
86,866	15,330	137,545

The notes on pages 7 - 8 form part of these accounts.

Page 5

TRANS4M INTERNATIONAL

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 JULY 2021

A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets Gift aid due to charity C Liabilities Fee for Independent Examination	Unrestricted General Funds £ 86,866 - 86,866 3,955 3,955 1,560 1,560	Restricted Funds £ 15,330 - 15,330 - - - -	2021 £ 102,197 - 102,197 3,955 3,955 1,560 1,560	2020 £
				137,517 29
				137,545
				1,455
				1,455
				1,800
				1,800

D Guarantees and secured debts

The charity has not given any guarantees and has not provided its assets as security for any liabilities.

The accounts were approved by the trustees and signed on their behalf

by date STEPHEN KIRK 12 November 2021

The notes on pages 7 - 8 form part of these accounts.

Page 6

TRANS4M INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2021

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 Staff costs Projects in Nepal Projects in Kenya Projects in India Projects in Pakistan Projects in Afghanistan General mission expenditure Independent examination Fundraising Insurance and administration 3 Grants paid in relation to charitable activities undertaken by others Grants for projects in Nepal Grants for projects in Kenya Grants for projects in Nigeria Grants for projects in India Grants for projects in Pakistan UK grants and donations	Total 2021 £ 29,580 14,060 12,075 3,508 507 100 - 1,800 - 1,996 63,626 48,760 12,060 8,045 - 3,625 1,099 73,589	Total 2020 £
		29,885 16,417 29,665 437 1,335 - 171 1,800 511 3,356
		83,578
		48,350 15,575 6,030 2,000 3,524 676
		76,155

4 Transactions with related parties

The staff costs in note 2 all relate to the CEO, Mr Victor Gledhill who is a member of key management. No trustees received employment benefits in either the current or preceding year.

Page 7

TRANS4M INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2021

5 Movement of funds

vement of funds
General funds Restricted funds Management and administration Water projects Nepal Kenya Pakistan Total funds	Balance at 31.07.20 £ 112,928 112,928 3,150 21,220 247 - - 24,617 137,545	Receipts £ 36,327 36,327 32,400 5,760 20,315 6,260 805 65,540 101,867	Payments £ (61,789) (61,789) (29,705) (18,095) (20,562) (6,260) (805) (75,427) (137,215)	Transfers £ (600) (600) - 600 - - - 600 -	Balance at 31.07.21 £ 86,866
					86,866
					5,845 9,485 - - -
					15,330

					102,197

The management and administration fund comprises grants received to meet the charity's staffing and administration costs.

Page 8