## **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:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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):**
**----- Start of picture text -----**
Date: 06/09/2023
**----- End of picture text -----**
**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**