(HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Salt of the Earth On accounts forthe year ended 31 December 2023 Charlty no (If any) 0328328 Set out on pages ort Accounts I report to the trustees on my examination of the accounts of the above charty for the year ended 31 December 2023 - copy attached. As the charlty's trustees, you are responslble for the preparation of the accounts in accordance with the requirements of the Charitie8 Act 2011. I report in respect of my examination of the Trust's accounts carrled out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charlty Commission under section 145(5)(b) of the ACL R88pon8lblltle8 and basls of report Independent oxamlnevs I have completed my examination. I confirm that no material matters have come to •tatoment my attention in connection wlth the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept In accordance with sectlon 130 of the Charities Act; or the accounts did not accord wlth the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I h8ve no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Dat•: Slgned: Namo: Noel Anthony Smith Relevant profe88lonal quallllcatlon(s) or body (il any).. FCCA, ACMA Address: 6 Broctone Close, Broughton Astley, LE9 6XX. IER Oct 2018
O::salt of the earth SALT OF THE EARTH 2023 ANNUAL REPORT 2023 was a good year for the charity. A one off £30,000 donation coupled with a successfully planned campaign to increase fund raising application income were significant factors in increasing income by 45 % to £206,867 from £141,745. Other factors were income from supporter's visits for the first time since the pandemic and increases in voluntary contributions and social fundraising. Gift aid was significantly higher at £19,719. The carry forward figure at the end of the year increased by over £33,000 to £76,785 excluding reserves of £20,000. Administrative charges were higher due mainly to staff costs associated with visiting our three partner organizations in Tamil Nadu for the first time in three years due to the pandemic. However administration costs as a percentage of income was maintained at 190/0. Our Development Officer continued to develop our website and social media sites. This led to an increase in child sponsors as well as ongoing enquiries from several organisations and individuals who were previously unknown to us. We recognize that this activity is vital if we are to replace income from our loyal but primarily older supporter base. The visit at the start of the year in January to Tamil Nadu by three Trustees and our Development Officer, after a three year gap, was both rewarding and necessary. As a result our relationships with all three partner organisation were renewed and strengthened. Thanks to our continuing support during the extensive government lockdowns our partners were able to deliver extensive food and other humanitarian aid to the hundreds of rural villages that they worked in. This not only relieved much suffering but added considerably to their reputation and standing in these communities. It was clear however that the ongoing development work that we had been funding in these villages had been disrupted and that the need for it had increased. The healthy year end carry forward figure gives us renewed confidence for 2024. It means that we will be able to make a modest increase in our funding to our partners in 2024. However, unless we get another large one -off payment, we will not be able to, maintain this year's income and our budget anticipates this eventuality Murray Frankland 14th February 2024 Chair
SALT OF THE EARTH Statement Financial tivitl for the year endlng December 31 st 2023 Unrestricted Restricted Total 2023 Total 2022 Incoming resources Incoming resources from generated funds Voluntary Income Trusts Activitles from generating funds Investment Income Incoming resources from charitable activlties Other incomlng resources Total Incomlng resources (Notes) 2 90,040.67 1,100.00 4 10,169.70 850.62 81.729.17 171,769.84 113,755.37 24,100.00 25.200.00 20.000.00 0.00 10,169.70 7,615.95 0.00 850.62 199.79 319.40 0.00 319.40 88.89 102.480.39 105,829.17 208,309.56 141,660.00 Costs of generating funds Costs of 96neratlng voluntary income Event Costs 1,377.53 Fundralslng tradlng: cost of goods sold and other costs Totsl costs of generating funds 1,377.53 0.00 1,377.53 101.21 0.00 1,377.53 101.21 Net Inwmlng Resources ft)r charltable actlvltles 101.102.86 105,829.17 206,932.03 141,558.79 Resources Expended Charitsble actlvitles Q C8re Chlld Sponsorship Care ID Cards CRUSADEVlllage Sponsorshlp CRUSADE Envlronment CRUSADE Water Proj8cts CRUSADE Hoatth CRUSADEWomen'8 SHG'S CRUSADE Disability Project CRSADE Adolescant Girls CRUSADE Other wwi Child Sponsorshlp wwi Vlllage Sponsorshlp wwi Envlronment wwi Water Projects wwi Moblle Clinic wwi IRDP wwi Educatlon wwi Other Administratlon Governance costs Total charitable actlvlty Costs 0.00 7,890.75 7,890.75 5,132.83 989.59 0.00 989.59 0.00 0.00 3,899.50 3,899.50 4,173.14 0.00 3,920.75 3,920.75 11,372.22 0.00 4,516.00 4,518.00 11,476.10 0.00 27,659.14 27,659,14 21.279.41 0.00 18,581.72 18,581.72 15,857.89 0.00 5,867.91 5,867.91 4,121.19 0.00 2,151.56 2,151.56 0.00 4,624.36 0.00 4,624.36 318.87 0.00 12.885.14 12.885.14 16,018.79 0.00 4,186.35 4,186.35 4,483.30 0.00 3,901.50 3,901.50 10,348.05 0.00 0.00 0.00 0.00 0.00 4,099.99 4,099.99 5,174.04 0.00 13,010.69 13,010.69 15,243.10 0.00 4,096.34 4,096.34 3,104.42 0.00 0.00 0.00 0.00 15 38,683.54 0.00 38,683.54 26,198.57 16 0.00 0.00 0.00 0.00 44.297.49 116.667.34 160,964.83 154.301.92 11 12 10 13 Other resources expended Supporter Visitors Trips Web Costs Forelgn Bank Fees CAF Bank Fees Total other costs 14 0.00 0.00 0.00 1,140.43 1,140.43 10,477.91 10,477.91 0.00 0.00 0.00 0,00 0.00 1,140.43 10,477.91 11,618.34 0.00 0.00 1.229.52 1,229.52 Total resource expended 45,437.92 127,145.25 172,583.17 155.531.44 55,664.94 (21,316.08) 34,348.86 (13,972.65) 0.00 Net Incomingloutgoing resources before transfers Transfers (26,892.05) 26.892.05 0.00 D. Bradly 1of4 0210412024
Gross transfers between funds Net incoming resources before other LV'ILA Lul 28,772.89 recognised galns and loses pa i ' 5,575.97 34,348.86 (13,972.65) 8 gfu IVI Reconclllation of Funds Total funds brought foNiard 55,238.35 8,640.27 63.878.62 77,851.27 ..,, Total funds carried forward 84,011.24 SALT OF THE EARTH 14,218.24 98,227.48 63,878.62 I Vll., ilj Balance Sheet arnO)f,: 1&[11." as at December 31 st 2023 81l1vij 6$&61, ob fjre È r !,'k8,pff ti,,06 goi (Notes) 2023 2022 Current assets Stocks and work-ln-progress Debtors Investments Cash at bank and In hand Nat West New CAF Acc Cambridge & Countieslshawbrook Savings Total current 8ssets',Dr,tot 0.00 0.00 Ibo 6,819.36 16,476.94 1(41wiftp I 0.00 ) 0.00 17 mojni Ljkjv ? lo JAK¥) oriibrtil t 2,360.01 3,223.47 78,417.86 29.178.21 20,000.00 15,000.00 107,597.23 63,878.62 18 Llabllltles Creditors., Amounts falllng due within one year Net current assets or liabilitles b+)4fiooKa 19 9,369.75 0.00 41fl¥io8r70qe b 98,227.48 63,878.62 r E Totsi assets less current Ilabllltles 98,227.48 63,878.62 Creditors.. Amounts falling due after more than one year Provislons for Ilabllrties and charg88 Net asset or Ilabllltles 0.00 0.00 0.00 0.00 98.227.48 63,878.62 t)•)jfS)q '(1115(11. IntsA ':11 iA214 0.00 0.00 b 14,216.24 8,640.27 'ie Wi 84,011.24 55,238.35 The funds of the charity Endowment funds Restrlcted Sncome funds Unrestrfcted Income funds,1 .lQt. b CL.tJ.TrL, Total charity funds 19 70, 98,227.48 63,878.62 iilj The notes at pages 2 to 5 form part of these accounts Ot Approved by the trustées on March 16th 2024 qt). 7 898., 'i nrrI. .ait p,Teg, 'nts4:)1 qx? 881)0 I ¢4É•J g.nB8 ryokoio Murray Frankland - Chair of Trustees 1 181cT rfa.2?r r r gr b8bnwyo IsloT s) tJO8 D. Bradly, 2of4 0210412024
Notes 1 Accounting Pdlcies 2023 12,028.73 8,884.00 11.425.00 33.921.55 19,719.39 4,062.00 90,040.67 2022 4.091.65 8,973.00 12.329.50 4.050.38 14,550.62 2,990.00 46,985.15 2 Voluntary Income Unrestricted Cash & Cheques Direct Debtts Standing Orders Large Donations Gift Aid Other OVO 3 Donations Through Trusts Unrestricted Charftles Trust Open Gate Mageni Trust 111 2023 100.00 0,00 1,000.00 1,100.00 ,) Itl 2022 o.oo 5,000.00 1,000.00 6,000.00 Restrfcted Arcaid 3,000.00 The Archer Trust t&0 1,500.00 Ashworth 0.00 Bamabas Trust 1,500.00 The Camiela and Ronnle Plgnatel 2,500.00 Christiandelphlans 500.00 The Eva Reckitt Trust 1.100.00 Farthlng Trust 5,000.00 Oakdale Twst 2,500.00 Pat Newman Memorial Trust 1.500.00 Souter Charltsble Trust 3,000.00 WF Southall Trust 0.00 C8 & HH TaOr 1984 Trust 2.000.00 Total 24,100.00 Ik 3.000.00 Education 0.00 WSHG (In-House) 4,000.00 WSHG 0.00 WSHG (In-House) 0.00 WSHG (In-House) 0.00 WSHG {In-House) 1,000.00 Addescent Girls 0.00 WSHG (In-House) 0.00 WSHG (In-House) 0.00 WSHG 3,000.00 Health 3,000.00 Health 0.00 WSHG (In-House) 14,000.00 4 Income from Fundralslng Stalls Ethlcal Gifts Walk Collectlon Boxes SOTE500 Charity Bash 2023 4,216.30 1,430.40 1,403.50 231.25 625.00 2,263.25 10.169.70 2022 3,088.45 2,244.33 0.00 212.50 0.00 2,070.68 7,615.96 Restricted Funds Various restricted funds are maitained to manage specific projects for which donatlons are collected 8nd transferred to our project partners. 25% Brought Carrled Fund Forward Income Admln Fe• Expendlture Tran8fer Forward Child Sponsorshlp 234.06 31,386.00 7,846.50 20,775.89 0.00 2,997.67 Village Sponsorship 44.01 11,300.00 2,825.00 8,085.85 0.00 433.16 Climate Change (Tref 4,888.57 13,745.80 3,436.45 7,822.25 0.00 7,375.67 Water Projects (671.20) 4,992.55 0.00 4,516.00 0.00 (194.65) Health Projects 8.49 8,231.00 0.00 27,659.14 20,000.00 580.35 IRDP + Clinic 619.83 0.00 e 0.00 17,110.68 17,000.00 509.15 Women's SHG 235.82 18,200.00 0.00 18.581.72 0.00 (145.90) Disability Project 361.50 1,389.85 0.00 5.867.91 5.000.00 883.44 Adolescant Girls 0.00 1,100.00 0.00 2,151.56 1.000.00 (51.56) CoronalEducatlon 2,831.80 3,000.00 0.00 4,096.34 0.00 1,735.46 Supporters Vislt 87.39 12,483.97 0.00 10,477.91 12,000.ooJ 93.45 Total 8,640.27 105,829.17 14,107.95 127,145.25 41,000.00 14,216.24 10 12 13 14 D. Bradly 3of4 0210412024
12 Disability Project A new Community Based Disabilty project was started in 2022 to provide support, training and equipment for the disabled In 180 villages spread over 4 blocks. Half of the funds was provided by the Arcaid Trust. Ij1)In Pfilbnfia 13 Education Following on from the Corona Pandemic and its Impact on village education further support was given to schools and the provision of meals In 2023. 14 Supporters Visit There was no supporters visit again in 2023 due to the Covld-19 situatlon in Indla and UK.- but income and expenses for the 2 2024 visits are included. 15 Administration From 2019 8 part-tlme admin asslstance has been used to 8SSiSt the charity. for whlch an annual consultancy fee Is pald In 12 parts. 2023 2022 24.900.00 22,620.00 2.020.49 eL*i 945.78 1 0.00 8 ?1, 295.00 2,645.00 0.00 2,232.89 1,917.42 77.84 0.00 6.144.92 0.00 108.86 108.86 519.36 1th1i1 311.51 34.18 0.00 38,683. 26,198.5 Admin Consultsncy Office Expens681Publi¢ity 18 Sponsorship Expenses Consultancy Newsletterlmalllngs Tralnlng Staff Forelgn Travel Insurance Web Hosting OOI? Fundraising .oGo 00.OOGi .O(It.bS 16 Goverenance Salt of the Earth Trustee8 are all volunteers and not paid for thelr tlme and 8ffort8. ijg mL',' Certaln expenses may be reimbursed within the limits of the administr8tlon budget. 2023 2022 Varlenco 3,678.25 3,621.62 (56.63) 900.00 900.00 0.00 0.00 30.75 ) 30.75 58.00 56.00 0.00 80.00 9.70 (70.30) 663.11 67.98 (595.13) 0.00 107.50 107.50 0.00 11,800.00 11,800.00 1,442.00 0.00 (1,442.00) 6,819.36 16,593.55 17 Debtors Income tax recoverable Tax Claim (Jersey) CAF Glft Aid Claim Direct Debits Intemet Donatlons Fundraising Donatlons Stripe On-Line shop CAF Vouchers SOTE Vlsit refund f,b iji bf6 18 Savings Accounts The £15,000 that was deposited with Shawbrook was topped up with an extra £5CK)O in 2023 and moved to Cambridge & Counties who offered a greater rate of interest. >AJ 4Jsniil Y) 2022 Varfonca 0.00 (6,964.73) 0.00 (2,080.84) 0.00 (290.00) 0.00 (34.18) 0.00 19 Credltors 2023 10 6,964.73 0..4 1)1 2,080.84 Supporter Visits Expenses Trustee Visit Expenses Office Expenses Printing Costs b,Ili oi 34.18 9,369.75 ryji D. Bradly 4of4 0210412024