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2024-02-29-accounts

U-turn Outreach Trustee< Annual Report for the period i March 2023 to 29 February 2024 Charlty ve8lstratlon number. 1196785 Trustee&. Erln Fèure I￿s￿aned 30 November 20231 Kirsten Cloete (￿igned 8 February 20241 Jonhan Hopklns Sardh Simpson Mi(hael Bansback Objectives The prtvention or relief of p)verty amongst homeless people in the Republic of South Africa and other parts of the World as the rrustees may deude ￿ providin8 grants to charillès or other organisations workin8 to p￿Vent or relieve poverty. in particular but not exclusNely by improving the conditlons of people who are homeless, flndlng pathways for people out of homelessness and the provision of lood. clothing and mentsl health support The advancement of the Christian faith for the bènefli of the publlc In the Repijbllc of South Afrka antl other parts of the World as the trustees may decide by providin8 8rants to charirs or other oryanisatlons who athance the Christt•n falth. in parttcular but not excluslvely by PrC￿dIng opportunities for the homeless Community and those who work to support them to ell￿ge in prayer. Blble slu(fy and religious education. Structure. Governance and mar￿gernent U-TUM Outrexh is • Charitsble Incorporated Oryanlsatlon. re8iStered wkth the Charitie5 Commisslon on 26 November 2021. The Conritution provide5 for a M￿lmuM of 3 trustees who are elected by all Mernbe￿ at the AGM. If there Is a vacancy between AGMS, Charily Trustees can appoint a new Trustee until the next AGM. Electtd trustees serve for 3 years after whlch they may put thÈmseh￿s forward for re4lection. The majority of trustees musi reside in En8land and Wales.

Review of the year The focus throughout the year was continuing to put the building blocks in place for the organi5ation to be able to achieve its charitable purpose. Governance structures were strengthened through developing a range of policies such as Financial Policies and Procedures. Safe8uardin& Whkstlebiowing and Rtsk Mana8cmcnt Policies. Income was received from individual donations, and funds built up to date were disbursed to a registered Charity in South Afrbca- this enabled them to SLPPOrt 807 people with 20,443 meals and 20 peo>￿e were ass¢sted into a shelter and rehab programme. Trustees have complled wlth thelr duty to ha¥E due re8ard to the Charlty Commlsslon's publlc benefft guidance. They have ensured that u.tum Outreach works towards ils public benefit purposes. FSnancSal Revlew Income.. £350 Disby￿ementS.. £5,181 Other Expenditure: E17 Deflcit for the year= E4,902 The deficit arose due to the dlstrlbutton of donatlon and grant Income received in thls al￿ previous years. All funds held were distributed on the closure of our bank account. pending the openin8 of a new Charity account, hence ihe redUC￿on of reserves to nil at the year end. These will be built up in the comin8 ye•rto the level required to provide the level of workin8 tapital requi￿￿ to protect the continulty of our core work. We do not curreTrtly have paid stsff or other regular Opera￿n$ expenses so this level will be modest as we seek to responsibly maximise distributio￿. This report was agreed and ned on behalfof the Board ofTru5tees on 17 December 2024 S Simpson (Treasurer)

U-turn Outreach YE 29 Feb 24 16me 28 Feb23 GBP GBP Income & expenditure account In¢ome: Stewardship Other donations Bank interest Total Income 1,908 350 13 4.921 350 Expendlture: Funds disbursement Bank fees 5,181 71 19 Surplus/ldèficltl 4,902 4,902 Balance Sheet Assets Bank account 23.363 Llablllty Held on behalf of u.turn SA 18.462 Net A55ets le55 Ilabllity 4.901 Funds bf Surplu5 for year Funds cf 4,902 4,902 4,902 4,902