## 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 2. 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