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2023-12-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
01 01 2023 31 12 2023

Section A Reference and administration details

Charity name 500k International Other names charity is known by Registered charity number (if any) 1195636 Charity's principal address Rectory Farm, Madingley Road Coton Cambridge Postcode CB23 7PG

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Malcolm Forsyth Chairman
Benjamin Hadfield Treasurer
Dr Paul Ryan
Christopher
Blackham
Akeel Sachak
Stephen Sodadasi From 15 Jan 2023
Catherine Anne
Healey
From 1stSept 2023
Lucy Anne
McDonald
From 6thJune 2024
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

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

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted (eg. trust, association, company) Appointed by Board resolution Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

I) TO ADVANCE THE CHRISITAN RELIGION IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. II) TO RELIEVE POVERTY AND SICKNESS AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISIONS OF GOODS AND SERVICES OF ANY KIND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. III) TO ADVANCE EDUCATION IS SUCH WAYS AND IN SUCH PARTS OF THE UNITED

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KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. IV) TO PROMOTE SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.

The entity did not carry out operations during the financial year (ended 31 December 2023). This is because there are plans to merge with a separate pre-existing charity (also called ‘500k International’, charity number 1147772) with this newly formed entity. There will therefore be activity and results in future periods.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

Section D Achievements and performance

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Section D Achievements and performance

The entity did not carry out operations during the financial year (ended 31 Summary of the main December 2023). This is because there are plans to merge with a achievements of the charity separate pre-existing charity (also called ‘500k International’, charity during the year number 1147772) with this newly formed entity. There will therefore be activity and results in future periods.

Section E Financial review

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Brief statement of the charity’s policy on reserves

As mentioned in previous sections there was a minimal activity during the year and therefore the reserve at year end was £243. However, the policy for future periods is that reserves will be maintained to cover at least three months of expenditure, and be in a position to meet all liabilities as they fall due.

Details of any funds materially in deficit

Not applicable.

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Ben Hadfield Position (eg Secretary, Chair, Treasurer etc) Date

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500k International 1195636
Receipts andpayments accounts CC16a
For the period
from
1/1/2023 To 12/31/2023

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
250
-
-
-
-
-
-
-
250
-
-
Sub total -
Total receipts 250
A3 Payments
Expenditure
7
-
-
-
-
-
-
-
-
Sub total 7
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-
Sub total -
Total payments 7
Net of receipts/(payments) 243
A5 Transfers between funds
-
A6 Cash funds last year end
-
Cash funds this year end 243
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
250
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-
-
-
-
-
-
250
-
-
-
250
7
-
-
-
-
-
-
-
-
7
-
-
-
7
243
-
-
243
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
250 -
- -
- -
- -
- -
- -
- -
- -
250 -
-
-
-
-
- -
- -
- 250 -
-
-
-
-
-
-
-
-
-
-
7 -
- -
- -
- -
- -
- -
- -
- -
- -
7 -
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-
- -
- 7 -
- -
-
-
-
243 -
- - -
- - -
- 243 -

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
-
-
-
-
-
-
-
-
Agreement Error
OK
to nearest £
to nearest £
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-
-
-
-
-
-
-
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-
Cost (optional)
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-
-
-
-
Cost (optional)
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-
-
-
-
-
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-
-
-
-
-
-
Print Name
Benjamin Hadfield
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Benjamin Hadfield