## SOTE 2020 ANNUAL REPORT TO TRUSTEES This charity’s world, as with everyone else’s, was turned on its head because of the worldwide pandemic. As a result, most of the programmes planned by our partner organisations were reduced or suspended from April for around 6 months and it is only in the last quarter that “normal service” had been resumed. In this intervening period most of the work was concerned with emergency relief providing emergency food supplies. These were needed because of the total lock down ordered by the Indian government in March with only a few hours’ notice. This caused great hardship the biggest of which was hunger and the real possibility of starvation for some. This work was funded by an emergency appeal which was very successful and surpassed our greatest hopes. The total of nearly £52k including gift aid, was distributed to our three partner organisations according to their stated need. The fund has now been spent. We finished 2021 in good financial shape with a surplus of some £51k compare to £34k at the end of 2019. We lost out on expected revenue from the planned Visitor programme and social fund raising but gained from a one off donation of £10k and a legacy of nearly £6k. We were also successful in getting more tree planting donations, we saved nearly £4k on admin expenses and the £ did better against the INR than we planned for. The strength of our supporter base was clearly demonstrated, not only by the size of the emergency appeal, but with a slight rise in regular donations despite these difficult times (in recent years we have experienced a slight but consistent decline). We achieved this at a time when many charities have suffered serious loss of support. We need therefore to continue to cherish and value our supporters in every way possible, recognising that we are very fortunate to have this level of regular committed support. Lena has worked hard and well throughout the year and has now mastered the wide spread of duties that the job demands. In addition, she has, on her own initiative, developed our website and social media platforms and this effort has already brought us in several more child and tree sponsorships from new sources. She has been working much more than her contracted hours and Dave and I are recommending that we agree her request for her contract to be increased from 20 to 25 hours per week. At the same time, we propose that the hourly rate for the job be increased by 10% as this has not been reviewed for four years. Our budget for 2021 assumes that we will retain all our present regular supporter income (excluding social fundraising and Visitor programme profit) whilst continuing the same level of support to our partners. In the absence of any extra income this will mean that we will spend some £15k more than we receive giving us a reduced end of year surplus of £35k. However, our estimates of income are conservative as is the estimate of the £ INR rate of exchange. More effort will be put into funding applications and developing our social media footprint providing that Lena is given the time to do this. There is therefore every prospect of this excess of expenditure over income to be reduced and possibly even eliminated. In conclusion, we have done well in difficult circumstances and ought to be able to sustain the 2020 level of support to our partners in 2021. It is likely that in 2021 we will spend more than we get in, but we have a sufficient cash surplus to pay for this and the prospects for 2022 will be better providing we can restore the Visitors programme and social fund raising. Murray Frankland 09/01/21 ## **SALT OF THE EARTH Statement of Financial Activities** for the year ending December 31st 2020 Unrestricted Restricted Total 2020 Total 2019 ## Incoming resources (Notes) |Incoming resources from generated funds|||||| |---|---|---|---|---|---| |Voluntary Income|2|66,320.86|103,961.30|170,282.16|119,425.18| |Trusts|3|453.62|10,200.00|10,653.62|9,953.64| |Activities from generating funds|4|2,770.28|0.00|2,770.28|10,842.99| |Investment Income||197.48|0.00|197.48|272.22| |Incoming resources from charitable activities|||||| |Other incoming resources||203.54|0.00|203.54|564.75| |Total incoming resources||69,945.78|114,161.30|184,107.08|141,058.78| |Costs of generating funds|||||| |Costs of generating voluntary income|||||| |Event Costs||0.00|0.00|0.00|0.00| |Fundraising trading: cost of goods sold and other costs|||||| |Total costs of generating funds||0.00|0.00|0.00|0.00| |Net Incoming Resources for charitable activities||69,945.78|114,161.30|184,107.08|141,058.78| |Resources Expended|||||| |Charitable activities|||||| |Care
Child Sponsorship|5|0.00|4,293.33|4,293.33|5,000.00| |Care
Job Creation||0.00|0.00|0.00|3,402.48| |Care
Corona Relief|12|0.00|6,810.60|6,810.60|0.00| |CRUSADE Village Sponsorship|6|0.00|6,187.86|6,187.86|8,909.02| |CRUSADE Environment|7|0.00|5,719.33|5,719.33|4,564.12| |CRUSADE Water Projects|8|0.00|0.00|0.00|0.00| |CRUSADE Health|9|0.00|23,546.08|23,546.08|24,521.01| |CRUSADE Women's SHG's|11|0.00|11,964.26|11,964.26|9,017.14| |CRUSADE Corona Relief|12|0.00|21,528.03|21,528.03|0.00| |CRUSADE Other||1,491.27|0.00|1,491.27|14,416.70| |Masard
Child Sponsorship|5|0.00|12,922.93|12,922.93|15,271.32| |Masard
Village Sponsorship|6|0.00|2,685.29|2,685.29|0.00| |Masard
Environment|7|0.00|10,022.82|10,022.82|0.00| |Masard
Water Projects|8|0.00|2,667.74|2,667.74|3,847.87| |Masard
IRDP|10|0.00|11,600.51|11,600.51|39,912.33| |Masard
Corona Relief|12|0.00|20,437.67|20,437.67|0.00| |Masard
Other||946.33|0.00|946.33|3,756.30| |Administration|14|16,738.70|0.00|16,738.70|19,517.70| |Governance costs|15|0.00|0.00|0.00|0.00| |Total charitable activity costs||19,176.30|140,386.45|159,562.75|152,135.99| |Other resources expended|||||| |Visitors Trip|13|0.00|3,451.00|3,451.00|7,978.78| |Web Costs||0.00|0.00|0.00|0.00| |Foreign Bank Fees||166.22|0.00|166.22|0.00| |CAF Bank Fees||1,427.86|0.00|1,427.86|1,001.44| |Total other costs||1,594.08|3,451.00|5,045.08|8,980.22| |Total resource expended||20,770.38|143,837.45|164,607.83|161,116.21| |Net incoming/outgoing resources before transfers||49,175.40|(29,676.15)|19,499.25|(20,057.43)| |Transfers||(38,000.00)|38,000.00|0.00|0.00| Transfers Gross transfers between funds 1 of 4 D. Bradly 04/06/21 Net incoming resources before other recognised gains and loses 11,175.40 8,323.85 19,499.25 (20,057.43) |Reconciliation of Funds|||||| |---|---|---|---|---|---| |Total funds brought forward||32,652.79|24,447.32|57,100.11|77,157.54| |Total funds carried forward||43,828.19|32,771.17|76,599.36|57,100.11| |**SALT OF THE**|**EARTH**||||| |**Balance Sheet**|||||| |as at December 31st||2020|||| ||(Notes)|||**2020**|**2019**| |Current assets|||||| |Stocks and work-in-progress||||0.00|0.00| |Debtors||16||7,758.98|8,354.69| |Investments||||0.00|0.00| |Cash at bank and in hand|||||| |Nat West New||||1,849.96|5,858.96| |CAF Acc||||51,990.42|32,886.46| |Shawbrook Savings Acc||||15,000.00|15,000.00| |Total current assets||||76,599.36|62,100.11| |Liabilities|||||| |Creditors: Amounts falling due within one year||17||0.00|5,000.00| |Net current assets or liabilities||||76,599.36|57,100.11| |Total assets less current liabilities||||76,599.36|57,100.11| |Creditors: Amounts falling due after more than one year||||0.00|0.00| |Provisions for liabilities and charges||||0.00|0.00| |Net asset or liabilities||||76,599.36|57,100.11| |The funds of the charity|||||| |Endowment funds||||0.00|0.00| |Restricted income funds||||32,771.17|24,447.32| |Unrestricted income funds||||43,828.19|32,652.79| |Total charity funds||||76,599.36|57,100.11| |The notes at pages 2 to 5 form part of these accounts||||0.00|| Approved by the trustees on January 16th 2021 Murray Frankland - Chair of Trustees 2 of 4 D. Bradly 04/06/21 ## Notes 1 Accounting Policies |2 Voluntary Income
Cash & Cheques
Unrestricted
Direct Debits
Standing Orders
Large Donations
Gift Aid
Other
3 Donations Through Trusts
Unrestricted
Carron Charitable Settlement
Charity Trust
Calpe Trust
Restricted
Arcaid
Edward Smart Charitable Trust
The Eva Reckitt Trust
Mageni Trust
Open Gate
Rhododendron Trust
Souter Charitable Trust
WF Southall Trust
Total
4 Income from Fundraising
Stalls
Gifts
Meals
Collection Boxes
Mindfullness
Walks
Jewellery
Shobdon
Other
Garden|**2020**
**2019**
4,327.98
10,961.39
8,183.00
7,898.00
12,233.00
12,031.50
17,094.25
8,837.33
21,169.28
15,036.04
3,313.31
1,060.00
66,320.82
55,824.26
**2020**
**2019**
0.00
100.00
53.62
53.64
400.00
0.00
453.62
153.64
1,500.00
1,575.00 Health (Corona)
0.00
1,600.00 Adolescent Girls
1,000.00
500.00 Adolescent Girls
1,700.00
1,000.00 Health
2,500.00
2,125.00 Trees
500.00
0.00 Environment
3,000.00
0.00 Trees
0.00
3,000.00 Health
10,200.00
9,800.00
**2020**
**2019**
443.75
2,703.43
520.28
789.64
1,215.00
1,487.50
187.50
573.32
403.75
0.00
0.00
0.00
0.00
275.00
0.00
0.00
0.00
0.00
0.00
5,014.10
2,770.28
10,842.99| |---|---| ## Restricted Funds Various restricted funds are maitained to manage specific projects for which donations are collected and transferred to our project partners. |||**Brought**|||**Expenditur**||**Carried**| |---|---|---|---|---|---|---|---| ||**Fund**|**Forward**|**Income**|**Admin Fee**|**e**|**Transfer**|**Forward**| |5|Child Sponsorship|(1,915.81)|20,923.00|0.00|17,216.26|0.00|1,790.93| |6|Village Sponsorship|6,460.76|10,190.00|0.00|8,873.15|0.00|7,777.61| |7|Climate Change (Trees12,324.72||17,589.05|0.00|15,742.15|0.00|14,171.62| |8|Water Projects|4,842.39|4,050.00|0.00|2,667.74|0.00|6,224.65| |9|Health Projects|(79.74)|9,495.00|0.00|23,546.08|14,000.00|(130.82)| |10|Rural Health Program|(706.25)|0.00|0.00|11,600.51|12,000.00|(306.76)| |11|Women's SHG|(17.14)|0.00|0.00|11,964.26|12,000.00|18.60| |12|Corona Appeal|0.00|51,914.25|0.00|48,776.30|0.00|3,137.95| |13|Supporters Visit|3,538.39|0.00|0.00|3,451.00|0.00|87.39| ||Total|24,447.32|114,161.30|0.00|143,837.45|38,000.00|32,771.17| 3 of 4 D. Bradly 04/06/21 ## 14 Administration Salt of the Earth rented an office in Bristol from September 2014 until December 2018 and paid staff expenses during this period to a project manager and comminications officer. During 2019 and 2020 a part-time admin assistance was used to assist the charity. |Staff Costs
Staff Expenses
Office Expenses
Training
Publicity/Newsletter
Child Sponsorship
Data Base
Fundraising
Web Hosting
Travel to India
Insurance
Consultancy|**2020**
**2019**
12,000.00
12,175.00
802.50
750.25
0.00
0.00
0.00
37.00
2,510.51
1,771.97
140.90
71.74
0.00
708.50
0.00
0.00
331.88
0.00
665.39
2,936.24
0.00
567.00
287.52
500.00| |---|---| ||16,738.70
19,517.70| ## 15 Goverenance Salt of the Earth Trustees are all volunteers and not paid for their time and efforts. Certain expenses may be reimbursed within the limits of the administration budget. |16 Debtors
Prepayment to Equals
Income tax recoverable
Tax Claim (Jersey)
CAF Gift Aid Claim
Direct Debits
Internet Donations
CAF Vouchers
17 Creditors
Care (Child Sponsorship)
MASARD
CRUSADE
Staff Expenses|**2020**
**2019 Varience**
2,000.00
0.00
(2,000.00)
4,168.50
6,018.44
1,849.94
900.00
1,800.00
900.00
529.48
25.25
(504.23)
101.00
101.00
0.00
60.00
210.00
150.00
0.00
200.00
200.00
7,758.98
8,354.69
**2020**
**2019 Varience**
0.00
5,000.00
5,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5,000.00| |---|---| 4 of 4 D. Bradly 04/06/21 (HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trustso mombgts of Salt of the Earth On accounts lor the y￿r ended 31 December 2020 Charity no (If any) 0328328 Set out on page• 1 {Report) 14 (Accounts) I reportto the trustees on ry examination of tho accounts of Ihe aLN)ve charity for thg year ended 31 December 2020. Rospon$lbllll•s ond ba818 of rnport As the GhaTity's trustees, you are responsib￿ for the preparation ofthe accounts in accordancè with raquirements oftha Charf(ias Act 2011. I in respecl of my examination ofthe TTUSt'$ aG¢ounts carried out under sgclion 145 of the 2011 Act and in carryin9 out my examinath)n, I hav8 loHowed all th8 applicable Directions given by the Charty.Convnisgon undgr section 14515llbl oflheA Ind•poDd•nt ex¥mln•Y$ I have completed my examination. I confimi that no material ￿ttern have ¢ome lo 8tatern￿ my attention in connection with the examination whlch gfves me Cause to believe that in, any matenal res the accounting records were not kept in ￿cordar￿e with section 130 of the Charitie5 Act," or the accounts not a¢eord wilh the acownting rectyds,. or the aewunls did not comrAy IMth the applicable requiremtrnls ¢on¢eming th form and witent of accounts set out in the Charitles IAceotsnts and Rèports) Regu18tions 2008 other than 8rty requireThnt that the accounts gThfe 8 'true and fa'r, view which is not o matt&1 ¢￿sider￿j as part of an indep&ndent examtnation. I have no CO￿8rn$ and havè coma across no othèr mattars in eonn8th.on with the examination to whth altènt50n shoukl be drawn in this report in ord¢r to enablo a proper understanding of the accounts to be raached. Dat•: L¢* £'.xJC Trgil Narn•: N￿1 Anthony Smith Rel￿#￿t profe&sional qualificationl81 or body Irf any): FCC& ACMA Addr•ss: 6 Broctone Close, BroLsghton Astley, LE9 6XX. IER O¢t 2018