Menadue Christian Camp Trust CIO.
Charity Reg’ No’ 1174194.
Annual Report & A/Cs .
Year Ending 31st December 2020.
Report of the trustees.
Objects.
To advance the Christian Faith for the public benefit, primarily but not exclusively for children and young people, by the provision of camps and residential breaks in accordance with a Christian ethos.
Activities.
During the summer of 2020 under the guidance national advice and restrictions of the travel & contact, due to the Covid pandemic, we made the decision to cancel the running of all camp activities for the year.
As a result, the funds raised for the year were considerably less than normal, which also had an equivalent effect on the outgoing costs during the period.
The organisation has no paid employees and relies wholly on volunteers.
Trustees.
The trustees remained unchanged for the accounting period. They are the policy decision makers and hold ultimate responsibility for the work. Day to day responsibilities are delegated to a committee who operate under an MoU with the trustees.
On behalf of the trustees,
Andy Curtis - Trustee.
25/03/2022.
Menadue Christian camp Trust CIO.
Financial Review 2020
Income
During the year, the charity received a total income of £3,243. Due to the COVID pandemic this year the charity was unable to offer its usual services and activities, therefore the whole income received was in relation to gifts from individuals and churches.
Expenditure
Although no services or activities were undertaken this year, there was initial preparation expenditure and general annual expenses incurred.
Our expenditure for the period is summarised as follows
| Website & Marketing | £392 |
|---|---|
| Insurance (Includes 2020 & 2021 premiums) | £1,277 |
| Operating Costs | £239 |
| Transfer to JL Fund | £150 |
| Total Expenditure | £2,058 |
Balance
Our opening balance on 1[st] January 2020 was £39. Our bank balance at 31[st] December 2020 was £1,224.
Outlook
Due to the limitations placed on the charity’s activities this year the expenditure by the charity has been minimal. This, coupled with the generosity of supporters of the charity, has recuperated the overspend experienced over the last couple of years. The trustee’s expectation is that with plans put in place last year to control costs and the revised fee structure, the charity will now maintain a healthy balance and break even for the coming years.
Funds
| Funds | |
|---|---|
| General Fund (Unrestricted) | £1,224 |
| Blake Fund (Restricted) | £1,077 |
| JL Fund (Restricted) | £2,534 |
| Total assets | £4,835 |