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2021-03-31-accounts

Labourers2gether Registered Charity Number 1182581 Trustees’ Report For the year ended 31[st] March 2021

The trustees are pleased to present their report and financial statements for the year ended 31[st] March 2021. The financial statements have been prepared on a receipts and payments basis as permitted by the Charity Commission for non-company charities with income below £250,000.

Structure, governance and management

The charity is constituted by trust and is governed by a trust deed dated 11[th] March 2019.

The trustees who held office during the year are listed on the preceding page. New trustees are elected by the existing trustees.

Financial review

The charity received donations totalling £23,010 (2nd year of charity) throughout the year ended 31[st] March 2021. During the year, funds totalling £11,945 were sent to Angola and £7,404 used in UK to cover various expenses and administrative costs and expenditure relating to shipments and projects.

As at 1[st] April 2021 £11,433 was held in the UK bank, £65 cash in hand as Kwanzas and £3180 cash in hand as Dollars.

The trustees’ general policy is to hold between £2,000-£5,000 in reserve to ensure there is no shortfall in the costs owed for containers when they have arrived and been unpacked in Angola.

The excess above this was due to the Covid-19 pandemic preventing return flights and building work in Angola during from March 31[st] 2020 – March 31[st] 2021.

Compared to the previous year:

*equipment costs were less as we were not in Angola to continue the building

*caretaking/security & bank charges costs were higher as this was to ensure that all buildings, equipment, grounds etc. were secure during our unexpected prolonged absence (But the benefit of this is that 3 families have received income during a time of extreme financial difficulty as a result of the pandemic restrictions in Angola)

*there were no immigration, living costs, materials, offerings to church, food & household expenses as we were not in the country and therefore no volunteer helpers either

*travel costs were minimal as there was no travel to or in Angola, and restricted to necessary only travel in the UK

*literature was increased due to purchase and postal distributions cost of gospel literature as the pandemic prevented us delivering door-to-door in the UK

*no professional fees were charged this year as the account is now up and running

*shipping was a little more due to timing and amount put in containers arriving during the time period

Public benefit statements

The trustees have had regard to the Charity Commission’s guidance on public benefit. The charity benefits the public through the following programmes which take place in Angola when Jonathan & Ruth are able to be there :

Objectives and activities

The charity’s key object is:

Achievements and performance

The charity’s key achievements throughout the year ended 31[st] March 2020 were as follows:

This report was approved by the board of trustees and signed on their behalf.

Jonathan Singleton Date:

Labourers2gether Registered Charity No. 1182581 For the year ended 31 March 2021

Receipts and Payments account

Receipts and Payments account

Receipts
Donations received
40,953
Payments
Equipment
Caretaking/Security
3,725
Immigration Costs
153
Living Costs
1,378
Materials
Travel
6,797
Ofering to Church
246
Food & Household Expense
565
Literature
Professional Fees
180
Shipping
Bank Charges
0
Building Expense
Sundries
______
Net Receipts
Cash as at 1 April 2020
Cash as at 31 March 2021
2021