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2022-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2022 Period start date To 31[st] December 2022 Period end date

Charity name: The Purim Trust

Charity registration number: 1178057

Objectives and Activities

SORP
reference
Summary of the purposes of the
charity as set out in its
governing document		 Para 1.17 Relief of poverty and hardship and advancement of
education and of the Christian faith in the Philippines and
elsewhere for the public benefit.
Summary of the main activities
in relation to those purposes for
the public benefit, in particular,
the activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 1.Seeking sponsors to provide regular monthly donations
and other donors to pay for the costs of providing
education and other expenses for children in poverty.
Forwarding sponsorship funds and other donations to our
church partners in the Philippines for use on an agreed
basis to meet educational, food, clothing, medical and
dental costs for children, and for other agreed occasional
purposes such as providing Christmas presents.
Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit		 Para 1.18 The Trustees have had regard to the guidance of the
Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

SORP
reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.		 Para 1.20 1. We were able to provide regular Sponsorship for 129
children by the end of the year, and decrease of 5
children sponsored during the year, due to financial
changes of sponsors and also children moving away to
different locations after Covid lockdown restrictions lifted.
But for those sponsored we were able to ensure that all
children received an education, food, clothing and
medical and dental care and treatment.
2. We were also able to provide Christmas presents and
a Christmas party for all 129 Sponsored children.
3. We were able to send 9 young people on a youth camp
summer holiday.
The children and young people would not have had the
benefit of these things without our activity and provision.

Additional information (optional) You may choose to include further statements where relevant about:
Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives set		 Para 1.41
Investment performance against
objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial
position at the end of the period		 Para 1.21 The net balance in hand on 31st December 2022 was
£3342.58, allowing for costs totalling £663.80 incurred
in December and paid in January 2023, and a total
balance of £354 on the debtor account owed in
December but received in January 2023.
Statement explaining the policy
for holding reserves stating why
they are held		 Para 1.22 The charity continues to grow, and funds are carefully
managed and monitored to avert any negative cash-flow
circumstances.
Amount of reserves held Para 1.22 NIL
Reasons for holding zero
reserves		 Para 1.22 We are able to take steps to prevent a deficit should our
financial situation warrant it.
Details of fund materially in
deficit		 Para 1.24 No fund is materially in deficit.
Explanation of any uncertainties
about the charity continuing as a
going concern		 Para 1.23 There are no uncertainties about the charity continuing
as a going concern.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources
of funds (including any
fundraising)		 Para 1.47
Investment policy and objectives
including any social investment
policy adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity constituted?
(e.g unincorporated association,
CIO)		 Para 1.25 Charitable Incorporated Organisation
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any		 Para 1.25 Appointed by the existing Trustees

person or body entitled to appoint one or more trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider network
with which the charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name The Purim Trust
Other name the charity uses
Registered charity number 1178057
Charity’s principal address 18 Little Green
Elmswell
Bury St Edmunds
IP30 9FB

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body)
entitled to appoint
trustee(if any)
Esther Branco
Dias		 Founder-Director
David McCarthy Treasurer
Sireon Reid
Beverleydu Toit
Rob Jack

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) N. Mikova Full name(s) Nikola Mikova Position (eg Secretary, Administrator Chair, etc) Date 19.10.2023

Management Report

The Purim Trust For the period ended 31 December 2021

Prepared on 16 February 2022

For management use only

Table of Contents

Financial Activities............................................................................................................................................3 Balance Sheet..................................................................................................................................................5

2/5

Financial Activities

January - December 2021

Financial Activities
January - December 2021
Total
INCOME
Christmas Gifts Appeal 2021 3,308.20
Covid-19 Appeal donations 4,255.05
Floating Sponsors 5,500.00
General Purposes donations 15,207.24
Gift Aid Recovered 20,171.65
Laptop Appeal 260.00
Merchandise sales - not Gift Aid 365.60
Partners 15,622.84
Sponsors 34,374.88
Total Income 99,065.46
TOTAL 99,065.46
EXPENDITURES
Additional payments - Tanza 3,004.85
Additional payments - Tondo 1,176.24
Appeals Payments
Christmas 2021 Tanza Appeal - payment 1,776.58
Christmas 2021 Tondo Appeal - payment 1,173.72
Covid -19 - Tondo 3,710.13
Covid -19 - Tanza 4,270.93
Laptop Appeal - Tondo 983.38
Tables & Chairs Appeal - Tondo 221.64
Total Appeals Payments 12,136.38
Bank charges and fees 622.39
Computer/IT Costs 2,383.56
Entertainment 320.65
Insurances 410.87
Merchandise Expenses 368.75
Office/General Administrative Expenses 4,472.07
Payment Refunds -222.12
Payroll Expenses
Pensions 1,763.03
Taxes 4,125.30
Wages 26,659.18
Total Payroll Expenses 32,547.51
Phone Costs 676.28
Printing, Postage and Stationery 1,197.75
Promotional Videos/Advertising 977.14
Sponsorship payments
Sponsorship payments - Tanza 24,852.06
Sponsorship payments - Tondo 16,150.10
Total Sponsorship payments 41,002.16
Staff Gifts 225.42
Staff Training 1,114.23
Travel 197.35

3/5

The Purim Trust

Total
Travel meals 5.80
Total Travel 203.15
Trust Talks 113.37
Unapplied Cash Bill Payment Expenditure -44.29
Total Expenditures 102,686.36
NET OPERATING INCOME -3,620.90
OTHER INCOME
Interest earned 53.28
Total Other Income 53.28
OTHER EXPENDITURES
Exchangegain or loss 8.54
Total Other Expenditures 8.54
NET OTHER INCOME 44.74
NET INCOME/(EXPENDITURE) £ -3,576.16

4/5

The Purim Trust

Balance Sheet

As of December 31, 2021

Balance Sheet
As of December 31, 2021
Total
FIXED ASSET
Total Fixed Asset
CASH AT BANK AND IN HAND
Lloyds Bank 2,465.09
Monmouthshire BS 12,791.68
Total Cash at bank and in hand 15,256.77
NET CURRENT ASSETS 15,256.77
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Current Liabilities
Payroll
HMRC -64.58
Total Payroll -64.58
Total Current Liabilities -64.58
Total Creditors: amounts falling due within oneyear -64.58
NET CURRENT ASSETS(LIABILITIES) 15,321.35
TOTAL ASSETS LESS CURRENT LIABILITIES 15,321.35
TOTAL NET ASSETS (LIABILITIES) £15,321.35
CHARITY FUNDS
Opening Balance Equity 4,409.39
Retained Earnings 14,488.12
Surplus/(Deficit) -3,576.16
Total Charity funds £15,321.35

5/5

The Purim Trust

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name PURIM TRUST members of

On accounts for the year
ended
Set out on pages		 31 DECEMBER 2022 Charity no
(if any)		 1178057
(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2021.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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: ROB SOUTHGATE Relevant professional ICAEW qualification(s) or body (if any):

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Date: 06/09/2023
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Oct 2018

1

IER

Address:

MAY COTTAGE

ASHFIELD ROAD, NOROTN BURY ST EDMUNDS

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER