2023-07-31-accounts - Trans4m International

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Trans4m International

Report and Accounts Year ended 31 July 2023

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

TRANS4M INTERNATIONAL

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 JULY 2023

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 Mrs Gillian Perry Mr Michael Vinton

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 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts

Page 1

TRANS4M INTERNATIONAL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 JULY 2023

The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 July 2023.

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

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: Flooding relief Church and community building Mosquito nets Bibles

Outreach to brick kiln workers' families

Page 2

Main achivements throughout the year (continued)

b) Nepal: Landslide and flooding relief Women's leadership conference Ministers' family needs Stretchers for remote villages, for sick and injured people to hospital Water supplies restoration Medical fees

c) Kenya: Famine relief School books Medical education fees

d) Nigeria: Community relief

e) UAE: Family support

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 £61,280 and expenditure £81,958 so that net assets reduced by £20,679 to £70,562, of which £47,058 was General Funds.

Reserves policy

The Trustees have previously adopted a policy of holding unrestricted reserves equivalent to six months’ normal operating costs. In light of reducing activity, the trustees have agreed in the reserves policy to a reserve of £10,000. At year end the General Fund cash reserves amount to £47,058, which is on target.

Page 3

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, 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.

This year has seen a decline in income. Future funding in support of the charity's operation is uncertain and the trustees are aware of this, so the charity will continue to operate as long as funding permits it. The charity's overseas partners have been notified of potential restraints on future grants.

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

STEPHEN KIRK

Date: 4 December 2023

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 2023 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

Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 8 December 2023

Page 5

TRANS4M INTERNATIONAL

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 JULY 2023

Notes *Income receipts* Donations Gift aid receipts *Total receipts* *Payments* 2 3 *Total payments* Transfers between funds 5 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly	General Designated Funds Funds £ £ 16,664 - 1,041 - 17,705 - 33,272 4,750 4,623 - 37,895 4,750 (20,190) (4,750) (1,750) 1,750 (21,940) (3,000) 68,998 6,000 47,058 3,000 Unrestricted Funds	Restricted Funds £ 41,814 1,761 43,575 27,511 11,803 39,314 4,261 - 4,261 16,243 20,504	2023 £ 58,478 2,802 61,280 65,532 16,426 81,958 (20,679) - (20,679) 91,240 70,562	2022 £
				94,920 3,957
				98,877
				76,827 33,007
				109,834
				(10,957) -
				(10,957) 102,197
				91,240

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 2023

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 £ £ 47,058 3,000 47,058 3,000 794 - 794 - 1,080 - 1,080 - Unrestricted Funds	Restricted funds £ 20,504 20,504 2,354 2,354 - -	2023 £ 70,562 70,562 3,148 3,148 1,080 1,080	2022 £
				91,240
				91,240
				2,798
				2,798
				1,620
				1,620

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

STEPHEN KIRK

Date: 4 December 2023

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 2023

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 Pakistan Projects in Uganda Projects in Ukraine Projects in UAE 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 Fun General funds £ 15,865 5,710 5,745 2,129 - - 1,815 - 1,620 388 - 33,272 2,015 1,015 1,015 278 300 4,623	ds Designated funds £ - - 4,750 - - - - - - - - 4,750 - - - - - -	Restricted Funds £ 8,139 1,615 8,330 8,631 - - - - - 796 - 27,511 11,245 - - 558 - 11,803	Total 2023 £ 24,004 7,325 18,825 10,760 - - 1,815 - 1,620 1,184 - 65,532 13,260 1,015 1,015 836 300 16,426	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

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.

Page 8

TRANS4M INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2023

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 £ 68,998 6,000 6,000 14,080 300 1,635 - 228 16,243 91,240	Receipts £ 17,705 - - 9,399 915 15,268 8,922 9,071 43,575 61,280	Payments £ (37,895) (4,750) (4,750) (8,935) - (12,860) (8,330) (9,189) (39,314) (81,958)	Transfers £ (1,750) 1,750 1,750 - - - - - - -	Closing balance £ 47,058 3,000
					3,000
					14,544 1,215 4,043 592 110
					20,504
					70,562

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