2022-03-31-accounts

Trustees’ Annual Report for the period

From 13 November 2020 To 31 March 2022

Charity name: SOUTH AFRICANS IN NEED TRUST

Charity registration number: 1192321

Objectives and Activities

Objectives and Activities
Summary of the purposes of the charity as set out in its governing document	For the public benefit to provide grants and donations to organisations and charities operating in South Africa for such charitable purposes that are exclusively charitable according to the laws of England and Wales, as the trustees may from time to time determine.
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.	The charity stages an annual golf day named Nedbank South African Charity Golf Day. We may include other fundraising events in future. We distribute the funds raised to pre-selected charities who operate in South Africa but often have a UK registered charity under the same name. We concentrate on charities supporting children by improving education, health, housing, sporting facilities and the disabled.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

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.

The CIO was formed in 2020, primarily to take over the administration of the annual Nedbank South African Charity Golf Day from a previously formed community interest company (SACGD CIC). Due to the Covid pandemic, the golf day did not take place during the period under review in this annual report and therefore the South Africans in Need Trust was not active during this period. After the period end, the charity administered the staging of the 2022 edition of the Nedbank South African Golf Day.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	The charity’s funds consist of £5,000 which was provided by SACGD CIC to complete the registration of South Africans in Need Trust as a charity.
Statement explaining the policy for holding reserves stating why they are held	The charity was dormant during the period and kept its reserves of £5,000 in place.
Amount of reserves held	£5,000
Going concern	The trustees consider there to be no material concerns around the charity’s ability to remain a going concern.

Structure, Governance and Management

Structure, Governance and	Management
Description of charity’s trusts:
Type of governing document	Foundation model constitution has been adopted
How is the charity constituted?	Charitable Incorporated Organisation (CIO)

Reference and Administrative details

Charity name	South Africans In Need Trust
Other name the charity uses	SAINT
Registered charity number	1192321
Charity’s principal address	4 Clarence Road Walton on Thames KT12 5JU United Kingdom

The following trustees were appointed at the inception of the CIO and have remained trustees since. No new trustees have been appointed since inception.

Trustee names Geoff Johnson (Chair) Eugene Kinghorn Vicki Blair Zulandi van der Westhuizen Bernadette Washer

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Eugene Kinghorn
	Trustee
	21 May 2023
	21 May 2023

SOUTH AFRICANS IN NEED TRUST Charity No 1192321

Balance sheet as at 31 March 2022

£

Fixed assets

Intangible assets Tangible assets Heritage assets Investments Total fixed assets Current assets Stocks Debtors Investments Cash at bank and in hand Total current assets Creditors: amounts falling due within one year Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year Provisions for liabilities Total net assets or liabilities Funds of the Charity Unrestricted funds Total funds	-
	-
	-
	-
	~~-~~
	-
	-
	-
	5,000
	~~5,000~~
	-
	~~5,000~~
	~~5,000~~
	-
	-
	5,000
	5,000
	5,000

The charity was incorporated on 13 November 2020. From the date of incorporation until 31 March 2022, the charity was dormant and therefore no statement of financial activities has been included in these accounts. Please see the charity's annual report for the period to 31 March 2022 for further details.

The charity's accounts have been approved by the trustees and have been signed on their behalf by Eugene Kinghorn (Trustee) on 21 May 2023.

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