## **Trustees' Annual Report for the period**
Period start date
Period end date
Month Year April 2020
Day Month Year 4th April 2021
Day 5th
**From**
**To**
## Section A Reference and administration details
**Charity name** Martin Charitable Trust
**Other names charity is known by**
N/A
**Registered charity number (if any)** 277050
**Charity's principal address** 15, Astaire Avenue
Eastbourne
East Sussex
## **Postcode BN22 8UN**
## **Names of the charity trustees who manage the charity**
**Name of person (or body) Dates acted if not for Trustee name Office (if any) entitled to appoint trustee whole year (if any)** Derek Neville Chair 1 Gordon Martin Margaret 2 Elizabeth Martin Peter Timothy Secretary 3 Martin 4 Linda Ruth Stone Stephen Jeremy 5 Martin 6 7
- 8 9
- 10 11 12 13 14 15
- 16
- 17 18
19
20
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
March **2012**
**TAR**
1
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
**Type of adviser 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**
Type of governing document
Trust deed
- (eg. trust deed, constitution)
Trust How the charity is constituted
(eg. trust, association, company)
Trustee selection methods
Family members
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
March **2012**
**TAR**
2
## **Section C Objectives and activities**
For the advancement of the Christian faith globally.
**Summary of the objects of the charity set out in its governing document**
The Martin Charitable Trust is a grant making trust and issues its grants to bodies that promote the Christian faith. In all instances recipients will be involved in works that assist the public whether through programmes to assist mental through to aid programmes that bring relief in areas of poverty. Every donation seeks to give a benefit to the general public whether or not they hold a Christian faith belief.
**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)**
March **2012**
**TAR**
3
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
Section D Achievements and performance
March **2012**
**TAR**
4
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
The Martin charitable Trust has had an extraordinary year. Due the death of a family member the trust was given a legacy from the remainder of the will to be used as seen fit by the trustees.
The trustees took the decision that it would disperse approximately half of the received funds with 2 years and to especially help known trusts and works that they had supported in previous years especially through these years of a covid pandemic. New missional work was also considered as recommended by the family members.
The remaining monies have been invested in ethical funds to provide an ongoing income to the charity so they can donate these receipts in the years to come.
## **Section E Financial review**
March **2012**
**TAR**
5
**Brief statement of the charity’s policy on reserves**
The trustees have agreed that there is not a requirement for reserves given that there are no fixed costs or employment issues. It is a grant making trust with all voluntary work so it can give away what it receives.
**Details of any funds materially in deficit**
N/A
## **Further financial review details (Optional information)**
The charity increased its investments from £63,429 to £177,062 You **may choose** to include in this financial year. This is largely due to the legacy received. additional information, However, its expenditure grew to £53,177 with a balance to be where relevant about: disbursed in the next financial year.
- the charity’s principal sources of funds (including any fundraising);
It is expected that in future years income will not exceed £25,000 but this year has been an extraordinary year due to the legacy received.
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **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)** Peter Timothy Martin **Position (eg Secretary,** Secretary and Trustee **Chair, etc) Date** 21st December 2021
March **2012**
**TAR**
6
## **Independent examiner's report on the accounts**
||**Independent examiner's report on the accounts**|**Independent examiner's report on the accounts**|**Independent examiner's report on the accounts**|
|---|---|---|---|
||**Section A Independent Examiner’s Report**|||
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**
**Independent**
**examiner's statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||Charity Name
Martin Charitable Trust
5 April 2021
**Charity no**
**(if any)**
277050
3
(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 5thApril 2021
This report is made solely to the society’s members, as a body. My
examination work has been undertaken so that I might state to the society’s
members those matters I am required to state to them in an examiners’
report and for no other purpose. To the fullest extent permitted by law, I do
not accept or assume responsibility to anyone other than the society and the
society’s members as a body, for my work, for this report, or for the opinions
I have formed.
**Basis of Independent Examiner’s statement**
My examination was carried out in accordance with General Directions given
by Martin Charitable Trust. An examination includes a review of the
accounting records kept by the Society and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts and seeking explanations from the
Society Board Members concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an
audit, and consequently I do not express an audit opinion on the accounts.
In the course of my examination, no matter has come to my attention:
a) which gives me reasonable cause to believe that, in any material respect,
the Society Board Members have not met the requirements to ensure that:
i) proper accounting records are kept
ii) accounts are prepared which agree with the accounting records and
comply with generally accepted accounting requirements; or
b) to which, in my opinion, attention should be drawn to enable a proper
understanding of the accounts to be reached.
**Date:**10-Nov-2021
Trevor Pearce
MA, MAAT
11 Lime Tree Paddock, Scothern, Lincoln, LN2 2XD||
|||Trevor Pearce||
|||||
|||MA, MAAT||
|||||
|||11 Lime Tree Paddock, Scothern, Lincoln, LN2 2XD||
**Oct 2018**
1
**IER**
## **Section B Disclosure**
**Give here brief details of any items that the** None **examiner wishes to disclose** .
**Oct 2018**
2
**IER**
## **MARTIN CHARITABLE TRUST (277050)**
## **FINANCIAL STATEMENT FOR YEAR TO 5TH APRIL 2021**
|**INCOME**
Gift
£200,000.00
Dividend Income
£2,096.56
Interest on Current Account
£19.65
Increase in Value of Investments
£23,632.75
**TOTALS**
**£225,748.96**|**EXPENDITURE**
Centre of Hope
£3,300.00
Cross Teach Trust
£3,600.00
MAF
£2,500.00
Project Ecuador
£2,500.00
Education for Life
£1,000.00
Llama Ministries
£2,000.00
Victoria Baptist Church
£1,000.00
UCB
£5,000.00
You Can flourish
£2,500.00
Life Words
£1,000.00
Orphaids
£2,000.00
All Souls Church - E/B
£7,000.00
Hope Lebedyn
£14,500.00
Amani UK
£250.00
Kintsugi Hope
£2,500.00
Wesleyan Church USA - Nash
£2,500.00
International bank charges
£27.00
Investments
£0.00
**£53,177.00**
Excess Income over Expenditure
£172,571.96|
|---|---|
**----- Start of picture text -----**
BALANCE SHEET AS AT 5TH APRIL 2021
Represented By:
Bank A/c as at 6-4-20 - Tsrs 102.00
Bank A/c as at 6-4-20 - Bus 5,724.42
Investment Valuations 6-4-20 63,429.00
Balance as at 5-4-20 69,255.42
Plus Surplus / (Deficit) for the year £172,571.96
Balance as at 5-4-21 £241,827.38
Bank Balances:
Bank A/c as at 5-4-21 - Tsrs 101.00
Bank A/c as at 5-4-21 - Bus 64,664.63
Investment Valuations 5-4-21 177,061.75
Balance as at 5-4-21 241,827.38
**----- End of picture text -----**
## **Independent examiner's report on the accounts**
||**Independent examiner's report on the accounts**|**Independent examiner's report on the accounts**|**Independent examiner's report on the accounts**|
|---|---|---|---|
||**Section A Independent Examiner’s Report**|||
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**
**Independent**
**examiner's statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||Charity Name
Martin Charitable Trust
5 April 2021
**Charity no**
**(if any)**
277050
3
(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 5thApril 2021
This report is made solely to the society’s members, as a body. My
examination work has been undertaken so that I might state to the society’s
members those matters I am required to state to them in an examiners’
report and for no other purpose. To the fullest extent permitted by law, I do
not accept or assume responsibility to anyone other than the society and the
society’s members as a body, for my work, for this report, or for the opinions
I have formed.
**Basis of Independent Examiner’s statement**
My examination was carried out in accordance with General Directions given
by Martin Charitable Trust. An examination includes a review of the
accounting records kept by the Society and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts and seeking explanations from the
Society Board Members concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an
audit, and consequently I do not express an audit opinion on the accounts.
In the course of my examination, no matter has come to my attention:
a) which gives me reasonable cause to believe that, in any material respect,
the Society Board Members have not met the requirements to ensure that:
i) proper accounting records are kept
ii) accounts are prepared which agree with the accounting records and
comply with generally accepted accounting requirements; or
b) to which, in my opinion, attention should be drawn to enable a proper
understanding of the accounts to be reached.
**Date:**10-Nov-2021
Trevor Pearce
MA, MAAT
11 Lime Tree Paddock, Scothern, Lincoln, LN2 2XD||
|||Trevor Pearce||
|||||
|||MA, MAAT||
|||||
|||11 Lime Tree Paddock, Scothern, Lincoln, LN2 2XD||
**Oct 2018**
1
**IER**
## **Section B Disclosure**
**Give here brief details of any items that the** None **examiner wishes to disclose** .
**Oct 2018**
2
**IER**