2023-04-05-accounts - Forward 4 Wiz Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	for theperiod	for theperiod	for theperiod	for theperiod
		From		Period start date					T o	Period end date
				01	04		2022			31	03		2023

Section A				Reference and administration details
		Charity name				Antiochian Orthodox Christian Archdiocese of the British Isles and Ireland

	Other names charity is known by

	Registered charity number (if any)					1175538

	Charity's principal address					15 Strawberry Fields
						Stalham
						Norfolk
						Postcode						NR12 9NZ

	Names of the charity trustees who manage the charity
	Trustee name		Office (if any)					Dates acted if not for whole year				Name of person (or body) entitled to appoint trustee (if any)
1	Rev. GregoryHallam											The Board of the Charity
2	Rt Rev. Amir Oner		Chair
3	Rev Richard William Paulinus Heggs
4	Dr Sami Carouba
5	Mr TonyAbdel-Nour
6	Rev. Alexander Tefft
7	Mr JohnnyTabbal		Treasurer
8	Rev. PhilipHall
9	Mr Christian Karam
10	Mr Gabriel El-Kassir
11	Mr William Hunter		Secretary
12	Dr Samir Hraiki
	Names of the trustees for the charity, if any, (for example, any custodian trustees)
	Name							Dates acted if not for whole year

Names and addresses of advisers (Optional information)

TAR

October 2023

2023

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document (eg. trust deed, constitution) How the charity is constituted

Constitution

CIO

(eg. trust, association, company) By the whole Board in meeting Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

All the Charity's Policies and Protocols may be found here:-

https://www.antiochian-orthodox.co.uk/policies

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The Objects of the CIO are:- "the advancement of the Orthodox Christian faith and life, according to the teaching and practice of the Orthodox Christian Church as maintained by the Greek Orthodox Patriarchate of Antioch and all the East of which it is part, and, additionally, the CIO will advance education and carry out any other such charitable purposes in the United Kingdom and/or other parts of the world as may be for the benefit of its members and/or the public generally. "

TAR

October 2023

2023

Public benefit has been delivered in this period by the following: 1. Facilitating due care and diligence in the parishes of the Archdiocese in relation to pastoral care, safeguarding and financial probity among its members and officers.
Theological and practical formation through its online course (E-Quip: http://www.equip-orthodox.com of parish members and clergy in training them to serve their local communities.
Supporting social care in each of the parishes without distinction or discrimination.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Financial support of the resident Archbishop and his staff in fulfilling Archdiocesan functions in relation both to the Charity's Objects and its Public Benefit.
The Charity, in pursuing these activities for the public good, have had in regard the guidance issued by the Charity Commission in relation to public benefit.

Additional details of objectives and activities (Optional information)

All the Charity's Policies and Protocols may be found here:-

https://www.antiochian-orthodox.com/policies

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR 2023

October 2023

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The Charity has fulfilled its objectives in supporting both the Archbishop, archdiocesan workers and the parishes of the Archdiocese: spiritually, in education, providing public benefit and in good works beneficial to local communities. It has also succeeded in meeting the budgetary requirements to fulfil these goals and activities.

TAR 2023

October 2023

Section E Financial review

Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

The Charity maintains two reserves. The operational reserve is maintained only to facilitate its day to day operations. The Charity also maintains a legacy reserve, which it received from the Antiochian Orthodox Deanery of the United Kingdom (reg. no. 1057533), now ceased, and which is used to make grants and loans to qualifying applicants. The Board of Trustees will consider, at its next meeting, how best to reinvest the legacy funds currently held in the bank savings account, in accordance with Independent Financial Advice.

None

Further financial review details (Optional information)

The Charity receives all its fundraising from the parishes, communities and members that belong to the Orthodox Church here in the British Isles and Ireland, (the UK & Northern Ireland, the Irish Republic and the Crown Dependencies in these Isles).

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including Additionally, in this financial year only, the Charity received funds from its
any fundraising); predecessor charity, the Antiochian Orthodox Deanery of the United
how expenditure has Kingdom (reg. no. 1057533), now ceased. These funds, totalling supported the key objectives £391,061, constitute a legacy which was received by the predecessor of the charity; charity, to be used for grants and loans to qualifying applicants. The Charity continues the predecessor charity’s grant- and loan-making
investment policy and function, and an Endowments Committee has been formed, consisting
objectives including any both of trustees of the Charity and former trustees of the predecessor
ethical investment policy charity, to ensure that all such grants and loans are made in conformity
adopted. with the Objects of the Charity.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	Fr Paulinus Heggs
	Rev. Richard William Paulinus Heggs
	Secretary
	27/11/2022

TAR

October 2023

2023

Forward 4 Wiz Trust	Forward 4 Wiz Trust		1172936
Receipts andpayments accounts				CC16a
For the period from	06.04.2022	To	05.04.2023

Section A Receipts and payments
A1 Receipts Grants and Donations(natural) 303 FundraisingActivity (natural) 2,057 Activityfor GenertingFunds(activity) 28,009 - - - - - 30,369 - - Sub total - Total receipts 30,369 A3 Payments Grants and Donations(natural) 217 Insurance(natural) - Postage,Supplies etc(natural) 1,421 FundraisingCosts(activity) 84 Charitable Activity (activity) 17,388 - - - - Sub total 19,110 - - Sub total - Total payments 19,110 Net of receipts/(payments) 11,259 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 11,259 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)	to the nearest £ Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £	Last year to the nearest £
	- - - - - - -	- - - - - - - -	303 2,057 28,009 - - - - - 30,369	10,474
				260
				2,208
				-
				-
				-
				-
				-
				12,942

	- - -	- - -	- - -
				-
				-

	-	-	30,369	12,942

	- 328 - - - - - - - 328	- - - - - - - - - -	217 328 1,421 84 17,388 - - - - 19,438
				306
				27
				50
				2,275
				-
				-
				-
				-
				2,658

	- - -	- - -	- - -

				-

	328	-	19,438	2,658

	- 328 - - - 328	- - - -	10,931 - - 10,931	10,284
				-
				-
				10,284

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Community Account Paypal Petty Cash Details Details Details Details Signature *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 40327 - 930 - 32 - 41,289 - Agreement Error Agreement Error to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Karina Fraser Rauf Jordan Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
			10
			-
			-
			10
			Agreement Error
			to nearest £ Endowment funds
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Karina Fraser	02.01.24
		Rauf Jordan	02.01.24

Karina Fraser Forward 4 Wiz Trust 219 Lynchford Road Farnborough Hampshire GU14 6HF

Dear Karina,

Independent Examination of accounts

I report to the trustees on my examination of the accounts of the Forward 4 Wiz Trust (the Trust) for the year ended 5[th] April 2023.

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’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 Act.

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:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Lorna Hamilton-Gibbs Date: 23/01/2024

Address: 55 Somerset Road, Farnborough, Hampshire GU14 6DW