Trans4m International
Report and Accounts Year ended 31 July 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
TRANS4M INTERNATIONAL
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 JULY 2022
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
Mr Stephen Kirk Miss Sarah Kirk Miss Esther Kirk Mr David Perry Mrs Gillian Perry Mr Michael Vinton
KEY MANAGEMENT INDEPENDENT EXAMINER
Mr Victor Gledhill Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Pages 2-4 Page 5 Page 6 Page 7 Pages 8-9
Legal & Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts
Page 1
TRANS4M INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2022
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 July 2022.
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
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Main achivements throughout the year
As with last year, due to the Covid19 pandemic, no overseas visits have been made during this year. CEO Vic Gledhill has maintained contact with our overseas partners by email, phone calls and WhatsApp.
A summary of the main grants made are detailed below.
a) Pakistan: Outreach to poor communities Education fees Medical needs
b) Nepal: Covid relief Landslide victims Blankets Staff and family needs Church building – roof Stretchers for remote villages, for sick and injured people to hospital Work amongst women Water and sanitation project Medical fees Motor bikes for quicker and easier access to remote villages
Page 2
Main achivements throughout the year (continued)
c) Kenya: Covid relief Medical fees Education fees
d) Nigeria: Covid relief Medical fees
e) Ukraine: Relief work with refugees
f) Uganda: Medical fees
g) UK: Bibles for Operation Mobilisation
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 (T4I) are very grateful for the generous donations of individuals, charitable trusts and organisations to the cause of the charity. During the year income totalled £98,877 and expenditure £109,833 so that net assets reduced by £10,956 to £91,240, of which £68,998 was unrestricted.
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 £68,998, which is on 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 future
Nepal: Continued restoration of water supplies to villages. Community outreach and relief.
Kenya: Relief to areas affected by famine and Covid. Medical needs
Nigeria, Pakistan, others: 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 Trustees and CEO Victor Gledhill.
Communications will continue via email, WhatsApp, phone calls to local partners. Overseas visits will be considered subject to prevailing conditions.
Page 3
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:_____
Page 4
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 2022 on pages 6 to 9 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:
Page 5
TRANS4M INTERNATIONAL
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2022
| Unrestricted | Funds | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | |||||||||
| funds | funds | Funds | 2022 | 2021 | |||||||
| Notes | £ | £ | £ | £ | £ | ||||||
| Income receipts | |||||||||||
| Donations and | grants | 37,421 | - | 57,499 | 94,920 | 100,411 | |||||
| Gift aid receipts | 2,177 | - | 1,780 | 3,957 | 1,456 | ||||||
| Total receipts | 39,598 | 0 | 59,279 | 98,877 | 101,867 | ||||||
| Payments | |||||||||||
| Payments in relation to activities undertaken directly |
charitable | 2 | 41,137 | 35,690 | 76,827 | 63,626 | |||||
| Grants paid |
in | relation | to | charitable | 3 | 10,330 | 22,677 | 33,007 | 73,589 | ||
| i i i d |
k | b h |
|||||||||
| Total payments | 51,467 | 0 | 58,367 | 109,834 | 137,215 | ||||||
| Net of receipts | / (payments) | before | (11,869) | 0 | 912 | (10,957) | (35,349) | ||||
| Transfers between | funds | 5 | (6,000) | 6,000 | 0 | 0 | 0 | ||||
| Net movement in | funds | (17,869) | 6,000 | 912 | (10,957) | (35,349) | |||||
| Cash funds as | at last year end | 86,866 | 0 | 15,330 | 102,197 | 137,545 | |||||
| Cash funds at | this year end | A | 68,998 | 6,000 | 16,243 | 91,240 | 102,197 |
The notes on pages 8 - 9 form part of these accounts.
Page 6
TRANS4M INTERNATIONAL
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 JULY 2022
| Notes A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity C Liabilities Fee for Independent Examination |
General Designated funds funds £ £ 68,998 6,000 68,998 6,000 1,037 - 1,037 - 1,620 - 1,620 - Unrestricted Funds |
Restricted funds £ 16,243 16,243 1,761 1,761 - - |
2022 £ 91,240 91,240 2,798 2,798 1,620 1,620 |
2021 £ |
|---|---|---|---|---|
| 102,197 | ||||
| 102,197 | ||||
| 3,955 | ||||
| 3,955 | ||||
| 1,560 | ||||
| 1,560 |
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:
_____STEPHEN KIRK
Date:_____
The notes on pages 8 - 9 form part of these accounts.
Page 7
TRANS4M INTERNATIONAL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2022
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 (see note 4) Projects in Nepal Projects in Kenya Projects in India Projects in Pakistan Projects in Afghanistan Projects in Uganda Projects in Ukraine General mission expenditure Independent examination Insurance and administration Travel Costs 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 Pakistan UK grants and donations |
Unrestricted General Funds £ 9,335 12,945 9,075 - 2,750 - 1,000 1,000 2,000 1,560 1,148 324 41,137 4,798 3,015 2,015 502 - 10,330 |
Restricted Funds £ 18,850 16,840 - - - - - - - - - - 35,690 22,060 - - 617 - 22,677 |
Total 2022 £ 28,185 29,785 9,075 - 2,750 - 1,000 1,000 2,000 1,560 1,148 324 76,827 26,858 3,015 2,015 1,119 - 33,007 |
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 |
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 8
TRANS4M INTERNATIONAL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2022
5 Movement of funds
| vement of funds | |||||
|---|---|---|---|---|---|
| General funds Designated funds Special Purposes Fund Restricted funds Management and Administration Water Projects Nepal Kenya Pakistan Total funds |
Opening balance £ 86,866 - - 5,845 9,485 - - - 15,330 102,197 |
Receipts £ 39,598 - - 27,084 960 30,390 - 845 59,279 98,877 |
Payments £ (51,467) - - (18,850) (10,145) (28,755) - (617) (58,367) (109,834) |
Transfers £ (6,000) 6,000 6,000 - - - - - - - |
Closing balance £ 68,998 6,000 |
| 6,000 | |||||
| 14,080 300 1,635 0 228 |
|||||
| 16,243 | |||||
| 91,240 |
The Special Purposes Fund is to support the medical training of an individual known to the charity in Kenya.
The Management and Administration Fund comprises grants received to meet the charity's staffing and administration costs.
The other restricted funds represent donations and expenditure on specific projects supported by the charity.
Page 9