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2023-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2023 Period start date To 31[st] December 2023 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 153
children by the end of the year, and an increase of 24
children sponsored during the year. These children
received 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 153 Sponsored children.
3. We were able to send our first 4 sponsor students to
college.
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 2023 was
£516.37, allowing for costs totalling £1315.77 incurred
in December and paid in January 2024, and a total
balance of £660 on the debtor account owed in
December but received in January 2024.
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
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 17.10.2024

Management Report

The Purim Trust For the period ended 31 December 2023

Prepared on 3 October 2024

For management use only

Table of Contents

Profit and Loss ................................................................................................................................................3 Balance Sheet .................................................................................................................................................5

2/5

Profit and Loss

January - December 2023

Total
INCOME
CC Church Partner 840.00
CC College Sponsors 136.00
CC Sponsors 192.00
Christmas Appeal 2022 -480.54
Christmas Appeal 2023 5,160.54
College Sponsorship 408.00
Floating Sponsors 4,776.00
General Donations 28,390.92
Special BirthdayDonation 124.00
Total General Donations 28,514.92
Gift Aid Recovered 14,409.03
Gifts to Specific Child 135.00
Grace and Faith 2023 income 1,792.30
Hadassa Children's Home 1,166.60
Merchandise sales (Gift Aid not allowed) 908.60
Partners 22,945.14
Sponsors 36,696.00
Total Income 117,599.59
TOTAL 117,599.59
EXPENDITURES
Additional payments - Tanza 21.52
Creation of New Profiles 478.29
Sponsor Gifts to Children - Tanza 135.00
Video Editingcosts - Philippines 29.89
Total Additional payments - Tanza 664.70
Additional payments - Tondo 238.16
Creation of New Profiles 536.57
Video Editingcosts - Philippines 29.22
Total Additional payments - Tondo 803.95
Advertising 170.07
Promotional Videos/Advertising- UK 208.71
Total Advertising 378.78
Appeals Payments
Christmas 2023 Tanza Appeal payments 2,937.19
Christmas 2023 Tondo Appeal payments 1,857.34
Youth Camp 196.09
Total Appeals Payments 4,990.62
Bank charges and fees 940.30
Church Connect 100.53
Computer and IT Costs
Computer/IT Costs - UK 3,927.92
Total Computer and IT Costs 3,927.92
Events Costs 506.77

3/5

The Purim Trust

Total
Freelance Staff Costs 2,406.38
Grace and Faith Costs 2023 72.89
Food 216.02
Other Miscellaneous Costs 8.00
Printing 356.19
Team Costs 88.33
Travel/Accommodation 1,277.91
Total Grace and Faith Costs 2023 2,019.34
Insurances 390.09
Merchandise costs 787.63
Office/General Administrative Expenses 13.39
Book-keeping 1,242.50
Office equipment and supplies 253.93
Total Office/General Administrative Expenses 1,509.82
Payroll Expenses
Pensions 3,542.08
Taxes 9,098.88
Wages 46,612.93
Total Payroll Expenses 59,253.89
Phone Costs 508.86
Printing, Postage and Stationery 132.95
Rent 163.00
Sponsorship payments
College Sponsorship payments - Tanza 510.87
Sponsorship payments - Tanza 24,021.29
Sponsorship payments - Tondo 14,742.59
Total Sponsorship payments 39,274.75
Staff Gifts 110.12
Staff Training 554.23
Subscription 570.00
Team Building and Meals 413.57
Venue Hire 36.00
Total Team Building and Meals 449.57
Travel 229.62
Travel meals 14.70
Total Travel 244.32
Total Expenditures 120,688.52
NET OPERATING INCOME -3,088.93
OTHER INCOME
Interest earned 20.77
Total Other Income 20.77
OTHER EXPENDITURES
Other Expenditure 104.52
Total Other Expenditures 104.52
NET OTHER INCOME -83.75
NET INCOME/(EXPENDITURE) £ -3,172.68

4/5

The Purim Trust

Balance Sheet

As of December 31, 2023

Balance Sheet
As of December 31, 2023
Total
FIXED ASSET
Total Fixed Asset
CASH AT BANK AND IN HAND
Cash on hand 141.91
Lloyds Bank 374.46
Total Cash at bank and in hand 516.37
DEBTORS
Debtors 660.00
Total Debtors 660.00
NET CURRENT ASSETS 1,176.37
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade Creditors
Creditors -350.41
Total Trade Creditors -350.41
Current Liabilities
General Donation Fund - Prepayment 36.00
Payroll 0.00
HMRC 1,153.71
Pension 332.47
Total Payroll 1,486.18
SponsorshipPrepayment 144.00
Total Current Liabilities 1,666.18
Total Creditors: amounts falling due within oneyear 1,315.77
NET CURRENT ASSETS(LIABILITIES) -139.40
TOTAL ASSETS LESS CURRENT LIABILITIES -139.40
TOTAL NET ASSETS (LIABILITIES) £ -139.40
CHARITY FUNDS
Opening Balance Equity 4,409.39
Retained Earnings -1,376.11
Surplus/(Deficit) -3,172.68
Total Charity funds £ -139.40

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

On accounts for the year 31 DECEMBER 2023 Charity no 1178057 ended (if any) Set out on pages (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 2023.

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.

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Date:
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Signed: Name: ROB SOUTHGATE Relevant professional FCA CTA qualification(s) or body ICAEW (if any):

Oct 2018

1

IER

Address: MAY COTTAGE

ASHFIELD ROAD, NORTON 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