T*"dXT TADWORTH AND WALTON OVERSEAS AID TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 REGISTERED CHARITY NUMBER 286076
Tadworth and Walton Overseas Aid Trust T*"dXT Trustees and other information Registered Charity number 286076 Address 49 Shelvers Way, Tadworth. Surrey. KT20 5QJ Website Www.oat.0r Trustees H Bedelian A G Corrigall A C Elliott Isecretaryl M C Fox (Chairl RIGunn A V Hawker {Treasurer) M A Heath S A Nelhercott D L Northway (Dled 04.12.221 J R Shelley J A Tedder R Tumer (Appointed 12 06.231 Report and Financial Statements 2023 Page 1 of6
Tadworth and Walton Overseas Aid Trust T*"dXT Trustees Report for the year ended 30 September 2023 Trustees The trustees noted on page 1 all seNed throughout the financial year. Structure Governance and Management Tadworth and Walton Overseas Aid Trust ITWOATI is a reglstered charity, with charity number 286076 and il is conslituled under ils declaration of trust dated 19 October 1982 and deed of appointment dated 26 March 1985. The Charity's objectives are the relief of poverty in the developing world. Trusteas Report for the year ended 30 September 2023 The affairs of the Trust are managed by the Trustees who are noted on page 1. We were delighted lo be able lo celebrate the 40th Anniversary of the founding of TWOAT last October with representatives from our committee giving brief presentations about our work and helping lo lead prayers for our projects al three Ial churches In Tadworth & Walton I would like lo thank Sl John's, the Church of the Good Shepherd and St Peter's for these opportunities which also helped us to acquire additional supporters and volunteers to help in our fundraising endeavours. The three churches have also supported us in other ways such as letting us use their halls and noticeboards, also by adopting some of our projects as ones for which they will also raise funds. The cost4of-living crisis in the UK and throughout the world, brought on by both COWD and the war in Ukraine, has been a major issue for us to confront. Some of our projects made specific appeals to us because of it. One example was the Epilepsy Clinic we helped lo create at Berega Hospital in Tanzania. This rural hospital supports a catchment area with a radius in excess of 50 miles Unfortunately, Epilepsy cannot be cured but its symptoms of sudden onset fits. can often be controlled by medication. By the beginning of 2023 the clinic was regularly treab'ng over 60 patients but many of them were having to travel to the clinic from outlying villages on 2 monthly basis for review and medication. The medical staff realised that many patients could not afford this joumey so it would be more effective for the clinician and a doctor to travel together on the hospital motorcycle lo the 12 major villages each month lo see the patients. They asked us lo donate an extra £500 to fund these trips. As we thought our own fund raising in the UK might also be impacted, we agreed to this extra spend but told the Berega project that we would have lo cut back the £500 we have normally donated to fund other activities in the village and orphanage al Berega. We adopted this Careful approach with two or three other projects needing extra help as well. Despite people in the UK having to tighten their belts our fundraising activities including our Annual Dinner, our Street Collection, the Walton May Fayre, two John Allinson Memorial Sponsored Walks and several Open Garden events all of which were successful. We are very grateful to all those who helped make these events into successful fund raisers especially the owners of the three garden that were opened for us. Towards the end of our financial year, we also received two unexpected, large payments one a generous bequest from a long-lerm supporter and one a donation from a family trust that supports us. Consequently, we were after all able to provide the £500 to Berega Village which will now fund dentistry equipment. We have also been able to restore donations that we had previously reduced so we could purchase hearing aids for a school in The Gambia and to donate lo a new project initiated by one of our committee members, providing prescription spectacles to deprived people in Ghana. Report and Financial Statements 2023 Page2of6
Tadworth and Walton Overseas Aid Trust T*"d%T Financial Review During the year, the Trust raised £37,491 12022.. £34,996) lo enable it to provide financial support for projects. The Trust spent £34,06812022.' £35,441 } on a wide variety of projects as outlined in the accounts for the year. The Iruslees have been working hard, to try and maintain our funds, whilsl allowing us lo support our preexisting commitments lo ongoing projects. The total amount raised by the Trust since ils inception is in the region of £605,000. Our reserves are maintained al a level $0 that we can ensure we a able to fulfil the Trusvs commitments lo Ong0ng projects. Risk Management The Trustees have assessed the major risks to which TWOAT is exposed. The Trustees are satisfied that the review systems in place, under normal circumstsnces, should allow these risks to be managed lo an acceptable level in its day-to-day operab'ons. Independent Examiner John Graves has been re-appointed as independent examiner for the ensuing year. Signe behalf f the Trustees. ed.. M C Fox (Chair) Dale.. 5th February 2024 Report and Financial Statements 2023 Page3of6
Tadworth and Walton Overseas Aid Trust T*"dXT Income and Expenditure Account For the Year Ended 30 September 2023 2023 2022 Income Personal donations Funds raised by organisations in the area Fund raising activities (net of expenses) Bank interest Donations linked to projects Tax r0Vered under Gift Aid {note 2} In memorium" donations 11,120 3,872 8,741 63 4.000 5,945 9,761 3,089 6,463 31 4,001 3,978 Expenditure Chosica Orphanage- Peru Support for Hospital Berega, Tanzania st Johns School for the Deaf- The Gambia SOS Children's Village H4FA Emmanuel Primary School - Thailand Support for hospital - Ludhiana, India Motivation - wheelchairs, Tanzania Subulini School- Tanzania Rainbow Africa- Zambia Rush Project- Kenya Support for Trade School, Mtandika, Tanzania Calcutta Cathedral Relief - India Support for school, its students and staff - Sierra Leone Support for Children's Rehab. Centre - Kenya Ambondromifehy School Support - Madagascar Papija Partners - Papua. Indonesia Teacher Sponsorship - Nepa Movement on the Ground - Greece Medical Equipment- Ethiopia Glasses Project- Ghana 1,000 2,782 2,015 1,000 4,500 500 500 1,015 1,080 780 3,550 1,500 1,500 765 6,000 1,520 3,300 1,000 2,082 1,515 1,500 4,400 500 1,000 1,015 1,080 1,700 3,700 1,000 1,500 1,515 5,407 1,520 4,345 500 250 300 CAF Bank Charges Unity Insurance 33 178 162 3406 35 441 SurplusllDeficitl for the year 3,423 £ {4451 Report and Financial Statements 2023 Page4of6
Tadworth and Walton Overseas Aid Trust T*"aXT Balance Sheet as at 30 September 2023 2023 2022 Current Assets Cash and Bank Balances Debtors 38,154 4,473 38,653 552 £42,627 £39,205 Represented By Balance of funds at 1 October 2022 Surplus for the year 39,205 3,423 39,650 14451 £42,628 £39,205 Antony Hawker Treasurer ike hair Date.. 5th February 2024 Notes to the Accounts- 30 September 2023 Accounting Policy These accounts have been prepared under the historical cost convention wlh items recognised at cost, or transaction value, unless otherwise staled in these accounts. The accounts have been prepared in accordance with The Statement of Recommended Praeliee.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom & Republi¢ of Ireland IFRS 1021. Incoming Resources Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource lo which they relate is received. All other income is re¢ognised when il is receivable. Resources Expended Charitable giving and donations are accounted for when paid over. Amounts received specFfically for a project are dealt with as reslricled funds. All other expenditure is generally recognised when it is incurred. Administratlon Expenses Administration expenses are covered by Specif donations from the Trustees. Report and Financial Statements 2023 Page5of6
Tadworth and Walton Overseas Aid Trust T*"dXT Independent Examinerfs report To the Tadworth and Walton Overseas Aid Trust (the Trust) I report on the accounts of the Trust for the year ended 30th September 2023, which are set out on pages 2 to 5. Raspective responsibilities of trusteos and examiner The Trust is responsible for the preparation of the accounts. The trust considers that an audrt is not required for this year under section 144 of the Charities Act 2011 Ilhe Charities Acll and that an independent examination is needed. It is my responsibility to.. Examine the accounts under section 145 of the Charib'es Act To follow the procedure laid down in the General Directions given by the Charity commission (under section 145151{bl of the Charities Actl, and To state whether particular matters have come lo my attention. Basis of Independent Examin8rfs Report My Examination was carried out in accordance with the Geneml Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosure in the accounts and seeking explanations from the Trust conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the account present a 'true and faiff view and the report is limited to those matters set out In the statement below. Independent Examiner's Report In connection with my examination, no matter has come to my attention.. - which gives me reasonable cause to believe that the following requirements have not been met". to keep accounting records in accordance with the Charrties Act 1993 to prepare accounts which accord with the accounting records and comply with accounbng requirements of the Charities Act, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts tri be reached. John Graves FCA 3, While Beam Way Tadworth KT20 5DL Date. Report and Financial Statements 2023 Page6of6