Trustees’ Annual Report for the period
From: 1[st] Jan 2021 to 31[st] Dec 2021
Charity name: The Ellis Foundation
Charity registration number: 283715
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objectives of the Ellis Foundation are set out in the governing document. This refers to two broad aims: The first of these is the promotion of the religious work carried on by the company of Christians meeting at 57 Islington Park Street and by other gatherings of Christians in communion with the said company of Christians either in the British Isles or overseas. The second is for the relief of poverty among members of the said company of Christians and of such other gatherings of Christians including the care of the elderly. (It should be noted that 57 Islington Park Street, was one address of a meeting place of the said company of Christians at the time the foundation was established. That meeting place has since been sold (too impractical and expensive for the congregation there to maintain), but the company of Christians remains gathering in other rooms in the UK and elsewhere) and the Trust continues support for the said company as before.) |
| 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. |
Para 1.17 and 1.19 |
During 2021 expenditure has been for mixed purposes including: - repairs to meeting halls (the preaching of the gospel, bible readings, prayer meetings, and other gatherings being available to anyone to attend), - the translation of Christian ministry into Telugu (an Indian language) for distribution to members of the said company of |
| Christians as well as more widely to interested persons: - for the relief of poverty both in the UK and overseas to cover medical costs for congregational members unable to afford treatment |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard for the guidance on public benefit and continue to operate within the provision of the governing document. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other | The majority of the financial assets of the trust, are a loan for the purchase of a meeting room in the UK. This loan is only to be repaid if the meeting room is no longer required or available to the said company of Christians, and the trust does not require interest or principal repayments. |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| 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. |
Para 1.20 | The trustees have fulfilled their responsibilities, in applying available funds to known causes that fit within the bounds of the governing instrument. |
Additional information (optional)
You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Trust does not have a formal policy on reserves. The ultimate aim is to wind up the Charity not preserve it as a going concern for ever. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is not the policy to hold reserves, but to distribute the funds in accordance with the governing document. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Will proved at PPR on 16 February 1980 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by existing Trustees |
Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | The Ellis Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 283715 |
| Charity’s principal address | 25 Archery Road, Eltham, London SE19 1HF |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mr Alan Croot | ||||
| Mr Bruce Ikin | ||||
| Mr Jonathan Bedford |
||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
No funds held. |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
|
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
Additional information (optional)
| Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
|
|---|---|---|---|
| Name of chief executive or names of senior staff members (Optional information) | |||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None.
Other optional information
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 |
JMBedford | |
|---|---|---|
| Jonathan Bedford | ||
Trustee |
||
| 24thFebruary 2022 | ||
| 24thFebruary 2022 |
The Ellis Foundation
Accounts for 2021
The Ellis Foundation 283715 Status of accounts : Agreed by the trustees Accounts agreed at trustee mtg on : 11/01/2022 Accounts filed on : 09/03/2022 Independent Examiner : AM Examination completion letter dated : 4th March 2022
Revision history
Rev Date Revisions 0 03/01/22 Initial issue for trustee approval. 1 01/02/22 Issued for examination. Trustees agreed the accounts on 11th Jan 2021 2 09/03/22 Accounts filed 3 4
Accounts for 2021
Status : Agreed
The Ellis Foundation 283715
11/01/2022 Accounts filed : 09/03/2022
Accounts agreed at trustee mtg on :
| Community account (Current account) Credits Balance b / fwd : £11,287.04 Return of int by AAC £47.41 Transfer #1 16/09/21 £25,000.00 Transfer #2 . . Transfer #3 . . £36,334.45 (Expenditure) £26,750.00 Balance c / fwd : £9,584.45 |
Debits India Covid relief 08/05/21 £2,500.00 Gift AB re General India fund 16/09/21 £19,000.00 Gift AB re Parvathapur mtg room 16/09/21 £5,250.00 Gift £0.00 £0.00 £0.00 £26,750.00 Total in : £47.41 excl. account transfers Total out : £26,750.00 |
|---|---|
| Premium Account (Savings account) Credits Balance b / fwd : £69,000.21 Interest 1 08/03/21 £1.72 Interest 2 07/06/21 £1.72 Interest 3 06/09/21 £1.72 Interest 4 06/12/21 £1.65 Sale of Plumstead mtg room 11/21 £136,512.50 £205,519.52 (Expenditure) £25,000.00 Balance c / fwd : £180,519.52 |
Premium Account (Savings account) Credits Balance b / fwd : £69,000.21 Interest 1 08/03/21 £1.72 Interest 2 07/06/21 £1.72 Interest 3 06/09/21 £1.72 Interest 4 06/12/21 £1.65 Sale of Plumstead mtg room 11/21 £136,512.50 £205,519.52 (Expenditure) £25,000.00 Balance c / fwd : £180,519.52 |
Debits Transfer to CA #1 16/09/2021 £25,000.00 Transfer to CA #2 . . Transfer to CA #3 . . £25,000.00 Total in : £136,519.31 excl. account transfers Total out : £25,000.00 |
Debits Transfer to CA #1 16/09/2021 £25,000.00 Transfer to CA #2 . . Transfer to CA #3 . . £25,000.00 Total in : £136,519.31 excl. account transfers Total out : £25,000.00 |
|---|---|---|---|
| Assets Cash at bank Community account Premium account Personal loans AR Meeting room loans Glasgow Cathcart room Loans for property purchase Mrs IR Mrs KM Balance c / fwd : |
£9,584.45 £180,519.52 £7,350.00 £0.00 £82,000.00 £65,000.00 £344,453.97 |
Liabilities . |
£0.00 |
Accounts for 2021
Status : Agreed
Accounts agreed at trustee mtg on : 11/01/2022
The Ellis Foundation 283715
| Trust account Credits Balance b / fwd : £359,637.25 Community account - total credits £25,047.41 Premium account - total credits £136,519.31 £521,203.97 Debits £176,750.00 Balance c / fwd : £344,453.97 |
Trust account Credits Balance b / fwd : £359,637.25 Community account - total credits £25,047.41 Premium account - total credits £136,519.31 £521,203.97 Debits £176,750.00 Balance c / fwd : £344,453.97 |
Debits Community account - total debits Premium account - total debits Cathcart room changed to a gift |
£26,750.00 £25,000.00 £125,000.00 £176,750.00 |
|---|---|---|---|
| Trial balance Trust account . Community account Premium account AR Glasgow Cathcart room Mrs IR Mrs KM Trial balance |
£344,453.97 £0.00 £344,453.97 |
£9,584.45 £180,519.52 £7,350.00 £0.00 £82,000.00 £65,000.00 £344,453.97 £0.00 |
|
Accounts for 2021
Status : Agreed
The Ellis Foundation 283715
Loan accounts
| AR Credits Balance b / fwd : £7,350.00 from accounts book 1st Jan 2019 £7,350.00 (Repayments) £0.00 Balance c / fwd : £7,350.00 Notes: Given for the purpose of : Personal loan |
AR Credits Balance b / fwd : £7,350.00 from accounts book 1st Jan 2019 £7,350.00 (Repayments) £0.00 Balance c / fwd : £7,350.00 Notes: Given for the purpose of : Personal loan |
Debits Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Terms at commencement of loan : Interest free |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 loan |
|---|---|---|---|
| Glasgow Cathcart room Credits Balance b / fwd : £240,000.00 from accounts book 1st Jan 2019 £240,000.00 (Repayments) £240,000.00 Balance c / fwd : £0.00 |
Debits Month 1 11/02/2021 Contingent liability Month 2 removed. Month 3 13/02/2021 Act. changed to gift Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 |
£115,000.00 £0.00 £125,000.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £240,000.00 |
|
| Notes: Given for the purpose of : Meeting room purchase Liability to North London trust of £115,000 Terms at commencement of loan : Interest free loan Loan continues whilst available to trustees. No principal or interest repayments required. At trustee mtg 11th Feb 2021, the contingent liability of £115k has been discussed, and no longer needs to be recorded, as NLT have made provision for this. The remaining £125k has been converted to a gift, as other meeting rooms. |
Notes:
Given for the purpose of : Meeting room purchase Liability to North London trust of £115,000 Terms at commencement of loan : Interest free loan
Loan continues whilst available to trustees. No principal or interest repayments required.
At trustee mtg 11th Feb 2021, the contingent liability of £115k has been discussed, and no longer needs to be recorded, as NLT have made provision for this. The remaining £125k has been converted to a gift, as other meeting rooms.
Accounts for 2021
Status : Agreed
The Ellis Foundation 283715
Mrs IR
| Credits Debits Balance b / fwd : £82,000.00 Month 1 from accounts book 1st Jan 2019 Month 2 November 19th 2013 (Brown Book page 149) Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 £82,000.00 (Repayments) £0.00 Balance c / fwd : £82,000.00 Notes: Given for the purpose of : Purchase of property Terms at commencement of loan : Interest free |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
|---|---|
| £0.00 loan |
Loan continues whilst property in the name of either Mr or Mrs R. No principal or interest repayments required. Loan to be repaid on sale of property.
Mrs KM
| Credits Debits Balance b / fwd : £65,000.00 Month 1 from accounts book 1st Jan 2019 Month 2 April 23rd 2012 (Brown Book page 148) Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 £65,000.00 (Repayments) £0.00 Balance c / fwd : £65,000.00 Notes: Given for the purpose of : Purchase of property Terms at commencement of loan : Interest free |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
|---|---|
| £0.00 loan |
Loan continues whilst property in the name of either Mr or Mrs M. No principal or interest repayments required. Loan to be repaid on sale of property.