2024-07-31-accounts - Trans4m International

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Trans4m International

Report and Accounts Year ended 31 July 2024

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

TRANS4M INTERNATIONAL

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 JULY 2024

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

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TRANS4M INTERNATIONAL

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 JULY 2024

The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 July 2024.

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

A summary of the main grants made are detailed below.

a) Pakistan:
Persecuted Christians whose homes had been burnt down

Equipment for computer classes in the community

Outreach to brick kiln workers' families

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Main achivements throughout the year (continued)

b) Nepal:

Landslide and flooding relief

Water restoration projects in remote villages

c) Kenya: Medical education fees Orphanage Hospital medical fees

d) Nigeria: Community relief

A much awaited 3 week visit to our partners in Webuye, Kenya, by Vic and Jenny Gledhill, accompanied by Esther and Sarah Kirk took place in April - May. This included visits to an orphanage, school, and several churches; children’s activities, two weekend conferences, a day women’s conference as well as daily meaningful interaction with people in the community. A full report “A time of building on and building new relationships with Kenya” can be obtained by emailing info@t4i.international .

In general, expenditure on projects is influenced by events current at the time, e.g., floods or landslides in Nepal, which are unexpected. At the same time, we are continuing to look at projects for water restoration, which is an enormous task, The visit to Kenya highlighted the need for on-going funding of the orphanage and fundraising for this is taking place. Our first grant for the orphanage was provided in August 2024 and will show in the accounts for 2024-25

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 £59,929 (2023: £61,280) and expenditure £64,806 (2023: £81,958) so that net assets reduced by £4,877 to £65,684, of which £60,408 was General Funds.

Reserves policy

The Trustees have adopted a policy of holding unrestricted reserves of £10,000. At year end the General Fund cash reserves amount to £60,408, 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.

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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 further 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. The current budget for 2024-25 indicates a continued decline in income.

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: 19 December 2024

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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 2024 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

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

Date: 23 January 2025

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TRANS4M INTERNATIONAL

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 JULY 2024

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 £ £ 19,618 2,332 817 - 20,435 2,332 4,220 5,332 2,865 - 7,085 5,332 13,350 (3,000) 0 - 13,350 (3,000) 47,058 3,000 60,408 - Unrestricted Funds	Restricted Funds £ 34,808 2,354 37,162 29,525 22,864 52,389 (15,227) - (15,227) 20,504 5,277	2024 £ 56,758 3,171 59,929 39,077 25,729 64,806 (4,877) - (4,877) 70,562 65,684	2023 £
				58,478 2,802
				61,280
				65,532 16,426
				81,958
				(20,679) -
				(20,679) 91,240
				70,562

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

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TRANS4M INTERNATIONAL

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 JULY 2024

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 £ £ 60,408 - 60,408 - 1,341 - 1,341 - 1,080 - 1,080 - Unrestricted Funds	Restricted funds £ 5,277 5,277 1,439 1,439 - -	2024 £ 65,684 65,684 2,780 2,780 1,080 1,080	2023 £
				70,562
				70,562
				3,148
				3,148
				1,080
				1,080

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:19 December 2024

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

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TRANS4M INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2024

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 Nigeria Projects in Pakistan 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		Unrestrict	Designated funds £ 2,332 - 3,000 - - - - - - - 5,332 - - - - - - ed Funds	Restricted Funds £ 18,767 645 5,476 - 1,362 - - - - 3,275 29,525 22,260 - - 604 - 22,864	Total 2024 £ 21,099 645 8,491 - 3,441 - - 1,140 986 3,275 39,077 22,260 - 2,015 1,354 100 25,729	Total 2023 £
		General funds £ - - 15 - 2,079 - - 1,140 986 - 4,220 - - 2,015 750 100 2,865
						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

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TRANS4M INTERNATIONAL

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2024

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.

5 Movement of funds

vement of funds
General funds Designated funds Special Purposes Fund Management and Administration Restricted funds Management and Administration Water Projects Nepal Kenya Pakistan Total funds	Opening balance £ 47,058 3,000 - 3,000 14,544 1,215 4,043 592 110 20,504 70,562	Receipts £ 20,435 - 2,332 2,332 5,400 900 20,275 8,537 2,050 37,162 59,929	Payments £ (7,085) (3,000) (2,332) (5,332) (18,767) (1,815) (21,090) (8,751) (1,966) (52,389) (64,806)	Transfers £ - - - - - - - - - - -	Closing balance £ 60,408 - -
					-
					1,177 300 3,228 378 195
					5,277
					65,684

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.

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