H-OPE CWRISTIAN Tr￿ST
SUPPORTING COMMUNITIES IN THE LANDS
OF THE BIBLE
g5
Hopc
Cliristian
Trust
Registered Charity No.328456
ANNUAL REPORT & ACCOUNTS
FOR THE YEAR ENDED 31" MARCH 2021

PFOPE CFtRISTIAN TRLIST
Supporting Communities in the Lands of the Bible
Registered Chsirity NoJ28456
Annual Report & Accounts for the period
1st April 2020 to 31st March 2021
Table of contsnts
page
number
Glossary of abbrevlatlons
Annual Report..
Objects and activities
Policy for Provision of support
Main ministries receiving support
2,3,4
Achievements and perfomiance
Financial report
5,6,7
Risk review
Structure, governan￿ and management
Reference and administrative details
Accounts..
Inijepenaeni Examiners Report
Receipts & Payments Account
Statement of Assets & Liabilities
10
11
Accounting policies
Nature and purpose of Funds
Analysis of Receipts & Payments
Payments to trustees and connected persons
Other information
12
12
13
14
14

DPE CF*RISTIAN TrLIST
Supporting Christian communities in the lands of the Bible
Registered Charity NoJ28456
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31st March 2021
Glo•sary of abbrnvlallons us•d In th1• rewt:
"BBC"
Bethlohem Bible College
"HES"
Helxon EvarrfJelical School
"the Trugv Hope Christian Trust
"TLS"
The L￿hthOuse Sthool
"TSS"
The Shethrd Souety
Zababdeh Ministries (fomiwly T&)rtha)
The truslees pre8enl their annual repxl ￿ rnar￿la1 stat￿entS of th8 tharty for Ihe year ended 318t.
March 2021. The trustees have chosen to pr¢xluce th880 finarKial statements on the Receiptg &
Payments basis 88 pennrtted in So￿K￿ 133(1) of Ihe CharIt￿S Act 2011 to accord with t)est practice
examples pYoduc&J by t￿ Charty CL¥nmissl￿ to a)mply wtth the thwty's In￿1 deed.
Objects and actlvltlos for the publlc benefit
The PLffPOS8 of the Trust is to sup￿1 communfties in the18nds of the Bible by he￿Ing to rell8ve poverty,
encouragin9 the developmwrt of communty lrfe, supwrting the provision of educatton ar#J aiding the
irrfinn arKI disadvantaged. The trustees c£)nfinn that they have referred to the Chwily Commi3310n's
gU￿anCe on public benelrt when reviewing its aims and objectives, In plannng future activrties and
setling the policy for 8UPPCXt acllvrt￿8 ICY the year
The Trust develops its 8uppcxtiv8 works for Ihe public benefrt, which are currently direded mainly
towards Israel and the 0cLXp￿d Palestffl￿ Tomtonos (the West Bank Gaza) throL￿h rt8 polic
which aim to..
1 Assist In the devel(¥yment of Chn'slwi mnistry kn th8 laThts of the Bible. pknilarly thr(wh the
minislry ol Belhl•hem Bible Coll&ae.
2. Support slud8nts (pYrn8rily bjt not exdu8ively Palestinian) at variou8 level3 of eduGet￿n
ranoina from pro-school io Doctorgt• l•vd. All w) th• furthw•ntxb of th•ir g•n•ral •duc*tbon •nd,
for some, in the provision of theolog￿1 education In th8 Chrisiian fath. The Trust provKles and
encowages 108thw trainirvJ, helps to provide 8ducalional equpmern and SUPP￿ f¢x schco13
and centres in Beihlehem, H8bron. the Northarn W881 Bank (In tha 28babdoh 8rea) and in
Gaza. It fijnds and supports teachers and staff working in these schools and visil
educationalists giviro 3UPFQrt WKI professional trainiro.
3. Provide r8li8f to the pott. infinn and disadvantaged. 118UFWts woiects to shthv love
for famil￿ and children wrth disabilrti88 and Ihose ￿ havo 8peci81 educational noed8, who
ara often mwginalised in their communities. The Trust ha8 a180 pfovKled occasional a88i8t
In the provision of medical equipmerrt and he￿ wrth the expen888 of medical care.
4, Encourage the development of cwnrnunrt￿8 m th8 wea by a8SiSting with tho provision of
varioty of facilities and resources.
The Trust car￿3 these aciivrtAes Ifyough it3 van8d minislnes whth rn￿h1 repr886rn standalono
supportive prqects or ones that are cunm8nc8d 810rysth other ostablishad charitable bod*$ from the
UK and local NGOS. No formal agreement is wrt in place wrth these other parties and the Trust does
r￿t anler any fom)81 eA)mmrtmwrt to FYovid• Lyyoiry support ts tho work of any of it8 mlnlstri08. The
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F*DPE CF*RISTIAN TRLIST
mlnistries 8r8 merety administrati￿ dNi3ion8 wrthin tho Trust, Ihay arn r￿ 8eparatety est8blish8d
char￿￿9 ncK aro they incorp(Thted.
The Trust's ffK(xn018 g8neratod from.,
Appeals made by Ihe trustees to ￿ant￿nakIng bodies.
Appeals to Ihe public through talks given al Wb1￿ meetings and chwches
CL￿18￿ wrth per80n8 ￿dIOr bodies wfm) are known to be supp￿tiVe of the Tru81's adivilie8.
In all of these appeals the prospective doncffs are made aware of the wrpose of the fundraisiro aTrJ
given an wtlln8 of rt will be u8ed to help Ihose in rned.
Pollcy for provlslon of support
The work of the Trust in providiTrJ Swport to rts ministrns falls into two 3eparate 8egment8:
Rec8ipI and distnt￿t10n of new and establish￿on90In9 donations for Irmgstandiry miniJtri83,
such as the Bethlehem Bible Collty8, the Lohthouse sd￿1, etc.
Assistance using g8n8rn1 dO￿tiOnS rKeived by the Trust to assist other mnistrw ￿ p80ple
that hav6 an immediato nood ft>r Supp￿ in 8 81ThJ￿ •knont of thoir work
The Trust has beon workirKJ In th8"lands of the Bible" ILY Ovff thlty years and has established a nelwork
of Irusted local associates in their respectNe area8 logethw with contacts at many established
¢harrtaL)le organisations who work in tts correspondin9 localilie8. Wth this WKle Source of Information.
the Trust is m&Je aware of srtuatKm thai MWI be wrthin rts 8ccpe to provth 88818tsnco.
Upon receipt of the advice cl the trustees gather InI￿rnatIc￿ as to the extenl ol the requirement,
Ils viabilrty (rf relevant), wstainabilrty and the backgrwnd of tts reciP￿nI<s) Following a m8eting of
trustees to C￿sider the applica11￿ in ￿n￿pIe. a visrt is made by one cf mNe ol Ihe trustO8s or by
local eslablished associate of the Trust to gather sufficient detall regwding the requirement for the
trustoos to assoss the no*a, tho irrtegrity of the proied and ts Trust's ability to assist.
Tru8t 18 ol Chwty C¢JnmiSSMX'S guthKX Ihat ¢￿￿tiOnS shwld t• rnade only to
registered thwities but in vi8w of the ar8a5 in whth Iheir is fooased, this c8nnot ahvays bo
relevant. The trustees have di￿5￿j th￿ issue and c(￿s￿ that ther researth in advarKe into Ihe
proposed b8nefKiaries Ihè prO￿lureS to endeavour to ￿SUre that the grft8 reath the expected
r￿lplent(Sj aro adequate tlwe ￿ a transparent audrt trail.
Th• maln minlstrles that th• Trust •upports
B•thl•hem Blble Collo9• ("BBC"): A major Fqrt ofthe Trust's tmne and res￿r¢8$ ￿ expended
n 8UPPOrtm9 BBC.
The Trust helps 3tuderrts wrth both thoir w8ff8re arMJ trainiry at the nt8r48ncYninatKJnal
Belhlehem Bible Colleoe and the deveh¥wnent of th8olooul 8duc8tKm, bolh in Bethlahem and
In the college's Study centre In Gaza The WIr￿1paI centre of BBC 18 A Christ￿n collega loe8ted
In Oethlehem. Wllhln (h8 letrit¢xy oi in8 Bank. 11 Was iounaed In 1979 by local Arabs (when
lh8 Trust's c(nn8Ction was first established), to offer h￿h-qUa1rtY theological education and train
Christsan leadw8 ft)r 88rvic• in both the local churches arKI the local community ft aim8 to
Slrengthen and revive Ihe Chrisiian communty ￿ supp(xt the local Chri8lwi8 in th8 Holy
Land to ty to cunbat tho 88cal8ting christi￿ exodus.
Responding lo a wing noed fcr theobgical training fcf Arabic sp88klng Cfvistian servant-
18aders for churthes and so￿etY wrthii Israel, BBC exlend8d rts prograrn to an additional
campus in Northem Iwael. G81i18e Bible College, in Nazareth. was thus f(xmed in 2007 and
8￿endS BBC'S mission of trainry Christian leaders tlyoughout the Holy Land. This College 18
8teadily growirrfJ in irvjeF￿￿ of th• Beihlehem cwnws
h Ihe support and ￿e0[￿agement of Rev. John Angle (a foundiro truslee ol Hcpe Christ￿n
Trust), the BBC has further developed rts teaL*ing ministy in Gaza. Until the recent problems
arose in that area, 8tudents from Gaza came to study at the B8lhl8h8m campus, arKI lecturers
visited and held dass88 in Gaza All this had to stop. but christ￿nS In Gaza asked the BBC to
cOntir￿ lo help Ihem devebp thoir Biblical the0￿gical understanding BBC, through the
effort8 and W>p￿t ￿ th8 Trust, has enabled Gazan3 to 8tudy for the College'5 M.A., B.A and
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OPE C￿RISTIAN TRLIS
Diploma prografflmes. Ihrwh vi5itirvJ int8mational 18caur8rs afxl through distarKX ￿dIOr cTr
Iln818aming.
The Trust continuos to receiv• donation• f(Y Ihe 8UPWt al BBC a8 a rnsuh of appeals made
and trc¥n regular th)nors. Usually, talks are given to intwesled gfOUPS by the tN8teos and thas8
have ge￿rated further grfls, but this has not t)een P)sS￿le in the year under review currnnt
yéar due to Covid 19 rp8trbctlons. The Colltyo has asked Ihat tho Trust Cantnu￿ to hold mon￿8
givon for rt8 work until rt req￿st3 thor tr￿Sfer to Bethlehom.
Hebron Evangollcal School: ("HES") 18 8 lonwt8b1￿h8d sclKK>I in this large conLrt)at#)n
south of Jerusalem, FKoviding a high standard of acajemic social educatlon for chlldren
from ac(￿orn￿llY challenged fanilie8. There are CLKMtly approximately 3CAI 3tud8nts,
betwean 4 and 12 yews old who ar8 taLYJht Erolish from an oaty st898. Thero are aboul 20
bo8rder5 at the SC*￿1. The sdv)ol has a ICKW waitino list. Boarders retum home to visrt their
parents al waakeTrJ8 arKI during school holthys.
Most students come from very poor hrynes affected by heafth FYoblwn8, beroavement or the
ongoing yoblems a880c￿ted wrth the 8poradic confiict In the land.
A rapidly growirvJ deaf unrt has 8 focxjs of supwt kn Fffevious years ILY Ihe Tru31 and
offérs spec￿1 train1￿ for stujents wrth heamg irnpairmeni. The Schcol aims to reintegralo
children into m8instream ad￿tI￿1 88 soon 88 POS8ibl8.
Tho Trusl provides some 8UFPOrt mainty from its G￿￿ra1 ILnd8 and from some regular
donations.
Tho Ughthou80 School: ("TLS") A 2￿) wmarylel•mrn 8thwl (InckJdirKd
kindergarten) In the Zertun district of Gaza Cty, founded in 2C*)S. In rec*nt years. much of
the Trusfs 8UPPXI ha8 dlrected towwds tho labric of the school Ixrt in the last two yews
the Trust has been largely involved in supporting Ihe costs of educational provisiM. In ￿17,
bonefacttx approached the Trusi to establish. wrth their help, 8 specrfK R88ili8nc8 FurKI to help
with periods of weak cashfiow at the sctK)ol. Both oducalH)nal Mater￿lS and furKJing ar8 hard
lo come by txrt the school endeavours to r88th out to support the depnvad fernilies In th8 area
by gIV￿g children a oood education and also s(xn8 txxn8nrtar￿n supw>rt.
The Tru8t has C4XXinued to FYOVKle sjppcxt for t8acher tramirKJ aTrJ has helped wrth Ihe
establishment of a wdo88iMal develownent pr¢)gramme athd by vi8iling educall￿all8￿ from
the U.K Th13 has been limit&J durwvJ the yaw undw rnvknv due lo COVKI 19 restriciions, txA
financ￿1 supwl and some Zocffi tr8ning OFWlunrtie8 hgve been given.
The Shepherd Soclety ("TSS"); The "c8nng arm" of 8ethleh8m Bible College helping n*ly
families mainly In the Bethlehem Wea also in Gaza.
Mor• r•c•nI￿. It h•• FYov•d•d *id lar 8yrl•n r•fug••• who h•v• fl•d th• fl8htlng •nd aro now In
camps in Jordan. In athdition, Ihe Shepherd SOc￿ty 18 eTrJeavoLKing to FY0v￿a aid into Gaza,
where the n88d is hugo. The Trust has regular don￿5 to lh8 soC￿tY and pass08 on 8upp(x1
from churches, charilies and other benefactors In Ihe UK. Spea81 efforts to encourage support
have been made during Ihe year to help a wtKularty serths pr¢Jblem In tha Bethlehem area
arising frcffi the COV￿ 19 pandwnK.
Zababd•h Mlnl8tri•g ("ZAB"): Z*)abd8h 18 a larg8 village in the nortt￿l part of Ihe W88t
Bank. A Communty Centre was inrtially estsblished by the Dulth chanty Tabrtha Ministries.
based upon an iniliative of Rev. Dr. Atsllah Esawi who 18 a nativo of Ihe area. He SOUW to
support Ihe Christi8n ccxmmunty livirvJ In ts norttr￿ pwt of the W88t Bank and to work
togett￿ with the k)cal Imam.
Tho Centre provide8 a day nurwy thIldr￿ of up to ￿ y8ws of ago, various "camps" for
older chlldron and a moating place for all local children and women. A guesl Imjse facilty is in
cours8 of construction to WDVKle 11 letting rooms on the upper fkxy. This s￿Ild provth
additional inc(xne to support rts work that exlends W￿er afield ttfOLBh rt5 SUPWrt for the
unemployed and help for families in ne&J by FYOVKJing food parc818 and cuitnbulirKJ towards
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FFOPE CFtRISTIAN TRLIS
medical and educall￿al costs as well as utilty bills. The Trust provides assistance for these
activili88 and has previously raiged furK15 for such itam8 as air conditioning, plaY￿[￿d
equipment and a waler pump, as well as VWK)us refurbishments of the ￿lIding. Although the
day care facility has continued (albert wrth IcKkd(Nm breaks ¢kn to Covid19) thr activiti83
have been seriously ojrtailed.
The Trust has generated kyants from charltablo Ora￿188110n8 raised moni88 by appeal lo
asslst financially wilh the conslructh)n and cngoina running costs of the Cenlre. The funds
r8i8ed are hekl in a restr￿ted fLnd until th• rnon￿ wa ro(wted by Ihe kjcal management of
In pravi￿8 yearn tho Trust has given s¢xne small fNMncial SUPF•yI to Aboud Evangellcal
School. The Trust has rwjt activety ramd swort has 8 thannel for supp(yl frcffi the UK to
The House of Hopo In B•thleh•m and to scyne other Chrisli8n miniStr￿S In the18nd (8.g., Plantlng
and Seed Mlnlstry near Bethlehem and Ahll Hospltal In Gaza) During the year Love Into Actlon In
Belhlahem, due 10 visa kyoblems, have mov&J their activili8S to Jordan and future de￿SlOn￿ as to the
Trust's involvemern have yet to be made in Ihw'r new situation. It has rK)t been poss￿18 this year to visit
these prqects and no 8pecrfic supwt has L*en given due to Covid 19 rostrbdions.
Achlevements and perfomianco:
Wllh the W￿88pread locatic￿ of the trustoes within the UK meelin98 often take Ihe fm of ￿nferenc•
calls ￿ eledronic messaging. There hav6 teen three formal meetfftgs cffl Zoom dunrvJ the year and
several occa8Dns whwe Truste83 discussed informally i88ue3 relating to the Trust. Regular report8 on
'Vi8its to the ar88 by Trust885 were arculataj lor InformaiK)n and comrnent. Two Vayerf￿1orrnat1Qn
letters wer8 circulated to Trust supporters during the year and monthly reports were sent 10 all those
gUPPOrtifVJ Belhleham Bible College and the Shèpherd Soaety In the UK Trustees during the year
received updateslreports on Var￿US ministry prqacts and discus$8d how bèst they can offer support
to those in whth they have been irNolv8d cm a Wl8rn1 b8315. Muth dIs¢X￿810n h88 taken place
around tho revision of the Trust's policy (*)arnenls to Ixing t￿7 up lo date and align proc•dur88 wilh
cmnt Charity C￿nmi3310n guKYan￿. However, Ihe main topic in the year under review ha3 been t
signrfuni Impact of the iocai conflbcl UWI thew established projects (the Bethlehem Blble College and
Ihe Lighthouse School) Volatility In Ihe Middle East c￿tinU0d to escalate, and the Irust8es remain
cognisant of the risks nvolved Wi Iravel and wfyking in this ￿ of the wortd. whth has rK)I been possible
in the year urmkn revthv due to Ihe covid wd8mic. Trust88s erxJeavcNJr to keep up lo date wrth 811
d8velopment8 th￿9h regular ccm1￿ w¢th rel￿ble hxal s(wce8 and oth8r Chnsiian 0rg8nisali￿S but
Ih8y have rol b88n able to travel to the area thrwJh lh8 of this reFQrt
Dunng 2020 the Trustees c*dulty c￿5*Yer8d t￿ futLxe of Ihe TNst hawTrJ ccndudod that withn the
nexl two yews the aspecas of the Trust vttiK* mvofv8d Bethlehem Bbl8 Coll8y the Shephwd
SO￿etY should be tran8f8rred to a new Trt￿t, to be called tho Both18￿) Dev8b)pnent Trust registered
wth the Charty commissK￿. Specffj￿ 8UPP(xt f(x ttr￿se Iwo ministr￿3 will, in due course, te removed
frwi tts objectives ol HCT. Delailed ckxumenis have been FY8pwed ft)r 8valu8tion and discussions
took pl•¢• with th• Coll•9• Bo•nl. Th1• la ￿ ongotrig dlacus8h)n hopelully wilh full agr￿ment
all part￿8 will be Sat￿la￿OrIty r&801v•J. Unf(xtunately, has l)een In tfroino Ihis to
8ati51a¢Acry cL￿CluSion, but rt ￿ corrfidontly trK)P8d Ihai these tran￿1Th￿ will lake pw by the of
2021 , This will resuh in the transfer of all adNrties nvolvirvj the Colltye n Bethlehem and tho Shephwd
Scoety t*ing Ir8nsfwred to a new trusl. Independant of Hope ChristJ8n Trust giving rise to a slffnm irKJ
d(ywn of the fund raising a￿1 supportive activrties of the Trust This is regarded unanimously as a prudent
and boneficial move by th8 Trustees looking tcwards the fulLf8 WKI 3￿UkI assist %JccassK)n plarnirvJ.
Applicalion8 wern Successfully m&Je to several tharities and tru8t8 both In the UK USA and Europe
for funds, HCT has produced 18afiets at>out rt8 work continued to develcp rt8 websrte. An
nfornalic￿ sh88t Is now produced regulwty to keep suppc*ler8 up 10 date and encowa98 prayerful
and practThl 8UPPCrt.
A trustee was involved in the PlannirYJ Commrtte8 for the next Chrisl al the Chethpoknt Conference.
org8nRed by Bethlehem Bible Colw, was to be held in bu( du8 to tha COVKI 19 pandemic, th18 has
provisiMally bean postponed until 2022.
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FtDPE CPtrRISTIAN TRLIST
In the summer of 2012 several Christians in G8Z8 asked Bethlehem Bible Co118ge to r&egtabli8h a
proJranme of Iheologic81 and gewal ethjcatw in Gaza, courses had stopped sever81 years ago due
to severe travel reStnct￿nS following fikthling. Several COLrnS were held n Gaza dLKing the academic
year 2012-2013. A prwamme of study at BA and MA level was eslablished aThJ al the beginning of the
Autumn Semester 2013 three stLKJents continued to St￿ty ai BA18vel etht students btyan 8 three-
year MA One such caJrs8 is very relevant to Ihe &ea - dis￿￿81c￿ of recL￿Gi118t10n and conflict
resolution. Olher c(xJrs88 were also 8Stsb113hed 8rKI ￿ of ts trustees of Ihe Trust has aded as
Direclor of the Gaza Study Cartre in addrtion to taaching scMn8 of the mo(knles Duo to th8 sYec8ri￿S
environment fcy students 8nd t8ach8r8, t￿ Trust has supported BBC wrth olhws In settiro up an e-
18aming FKogramme. There has been continu&l education su*ained by Ihe Trust durirKJ the year urKler
review and Ihree rx)urses on Zoom have been taughl,
Development of the Bible Collrye Ext￿s1On In Gaza ha8 boen fraught. BBC Palestinian lecturers
Cannol oet pennission to travel into Gaza and rt is left to qualrfied teachers who have international status
to Seek parmissK)n to enter I￿r￿gh Israel to teach. Th8 possibilrty of enty thrO￿h Rafah and Iravel
through the Sinai 88 an 81tem8tive r￿6 of entry Is cijrrently eXtr￿elY dangerous. Nav8rth81885,
Tft￿t has continued 10 rec81V8 donat￿n5 for the supw1 of sludents at BBC (and TSS).
Tho establi8hment cl a teathiro 8Xtensicn W>gr￿Me in Gaza has Fyogressed aThJ HCT has b88n
involved in its planning and cK9anisalicn. In addition, tho Trust has raised tho n•cassary funds for
rolling programme of study planned f(Y the rnxl throa years to attain BBC Diploma, Bachelor of Arts
and Master of Arts programmes. This has In￿rred extra exp8nse th8 Trust f(x visits aThJ the
establishm8nt of Sky￿￿180 c4yrfer￿￿In9 faa'lities lo enable tho c£rfrtinued participa1￿1 of the truste88
In the programmo.
For 80me tim8, much of tts pOpulat￿n of Bethlehem has INed tel¢N the esta)lished poverty line. As a
result, Bethlehem Bible Co118ge 8st8blished tho Sh8phwd Soo8ty as rts 'carfftg afm. that support8
those in need both In tho Bothlehom area in Gaza. In March 2016, Ihe received an award
for wovidiro Ihe most support to Christian arKI Muslim f￿11103 in the dislrKt. Grfts g8rnrated by
fundraising by Ihe Trust f¢x TSS have been used for.
Revolving loan? to help familie3 to 8t￿1 their cwn t￿siness83.
Family sFK)nsor3hip- ￿1rrentlY 75 fam11￿5 are 3UPPOrted wrth this spon80rship (25% from U.K.)
Support wrth utility ￿)stS by clearing outstanding bills to preveni cutting-off of supplles.
Assisianc6 wrth Chiktr8n's &lUCat￿ ~ TSS has helped to keep over 6CKJ children In area
sthools.
In addition. Sane d￿all￿$ wwe recoived to enablo grfts to bo Sent to supFort Christians In
war-tom Syrla (this was separate from th8 Trust's Syrlan Refuge8 4Dp881)
TSS has been p8rttcularty actlve thring the COV￿ 19 Pa￿MI¢ and the TN8t ha8 r8i80d fmancial
Ysupport to help
The Trust has been Involved slnc8 th8 Inc8Ptlon of the Farnlty Ceniro in Zababdeh which has been
joint (non-contractual) prqect between Ihe Trust and the Dulch Christian org¥fisatth kn(Avn 8S the
Tabitha Ministrios. Funding has been pmvided by way of grft and loan, fLY th8 d8veloEYnent of a new
buildin9 10 provid• a communily cwrtrg indu(Jkng a conferenc8 centre, guesi house iaciiiiies and base
for local Glubs, soaeties. etc.
In pr8vious financial years tha truste￿ considered a longar-tami plan for contin￿1 8UFPOrt of mini8tri•s
in the Land8 of the Bible bui with th8 ￿ntInU￿g volatilty in the weas where the Trust works this has
caused support to be more react￿ in ils nature. It is hoped that a solution can be I￿nd to the
corrflicls and 8trrfe so that the Trust can resume ts longer-lwm plans for the Supwt of ov6Yseas
Minis1r￿S.
In all these supportive actNlti8s, th8re is over51ghl by the trust88s who, in theK ovgrso89 vi8tt8, can be
reassur&l those funds provided by th8 Trust have twi uséd apwopnately tho varhW8 proi8d8 in
whith they are involved aro sustainabl•.
Flnanclal ReporL'
DLriro the year urKlw rnvthv tha Trustees urmlertook a review of tho rn￿Y Re8tn"cted FU￿13 that are
8dminisierod by the Trust Part of this revthy sought to th8nge the nam88 of the fvnds to better indicate
Iheir purposes and part s(xJght to group togelher som8 IufKls wh8re thw8 wa8 8 Cwimon b8n8fi￿ary,
Page 5

FFDPE C￿RISTIAN TrLIS
ft)r example there were four BBC fvnds, two of which rolate to projects teminaled by Ihe College As
the donors werè happy to continue giving to Ihe College these funds were wnalgamated into the BBC
General Fund. A similar situation arose with TSS.
1or6 monies ar8 h8ld fty e￿ablished Spe¢rf￿ ministr￿3 they are reoJrd&J In the re8pKlive restncted
fund and they are held as part of tl* bank balances at erther Lloyds Bank CK Natwest Bank The trustees
StrNe to maintain tha balanc88 on thes8 aCc￿nIS wilhin Ihe lav81 of woleKIK)n thorded by tha FSCS
so Ihat the Trust's res￿rCeS are pYote¢t8d by thi8 gOVWMienl stheme.
The work of the Trust h89 been severety hampered in Ihe year under rovivw by tha Pand￿1C and by
Ihe ffrvigniting of the confiicl n the Holy Lands. This has made it impossible for cwi8rs to circulale
and make the disthbulions that so many of the benefic￿rIeS depend upon. It ha8 a180 been 8oen to
have imp8Ct8d upon the b￿kIng system fcy many so that Wt￿re possible givfftg to the needy has to be
made Ihrough the Moneygram nètAvc¢K In Ih888 instanc88 the Iruslees have been SLre to rt)tain em811
reeeipt8 from ban8fww to 8nswe th8t mcThy has rea(*￿d its Inten(*d destinaticm.
Tha opwation of the Trust 18 8implo in that donations r￿e1Ved for ￿Y spKffi8d purpose are
accumul8t•J in R8slricted Funds thereby establishing a limit as to how much can be given away. Th8
Trust's General (unrestricted) Fund éxists to fmanc8 rts owatirrfJ costs any genoral donations that
Il might $88k to make.
Durlng the y8w undw revi8W the Trust r8ceived donation5 of £7,470.[￿ for its General FurK1 whereas
In th8 preV￿￿s financial year, when six swifunt onedf donatKffis were received, ￿ lOt81 wa8
£12.491,72.
Thè accounts show £8.602.87 beirrfJ r8ceiv&J from tax reo)vwy for Grft Aided donaticfis In the ye8r
erKled 31.3.2021 wheroas £193.37 was received in the wev1￿3 yew. The total amount W8s initially
. Included in Desonatwj Funds unlil the fuThJ allocati(m was verif*1 •)d was lator distnbul￿l by transfer
to the r8levant fu￿.
Despite the difficulties of distribution lo benefKiaries, the trustees continl￿d th8ir fimdr8isry ekns so
that the income for re8tnct&l funds increased from £(￿),￿.42 {yle 31. 3.2020)10 £116,134.49 and tolal
monies received fDS8 Irorn £102.$55.14 to £130,524.37. an inc¥ease of 27%.
Dislritxrtiong were rn￿18 durirvJ ￿ year to teneficiar￿8 wh8re th8 recip￿9 erther had establthed
bank accoutts or where M￿eYg￿rn payments could made (this system ensures that beneficiar￿3
provide ad8quate ID before monies we released) The lotal payments made by th Trust duriw tt
year rose to £83,414.02 from £75,973.22 {yl8 31.3.2020). Of the distrbution8 General Fund
tol811ing £12,511.32 this wa3 8xp8nd8d as folknvs
£335 10 support families suffering wrth CovK119.
£1 ,OCQ to 8upp(xl the Hearin*lmpair8d Unli at Hebron sthooi.
£7.883 to assist wrth tho re￿IldIng of Zababdeh Communty C8ntr8
£2.257 to help SL4>FQrt Rov. Esawi In his outreach ministry at Zababdeh.
£38 lor •thtlonwy 6upplie•.
£629 fcrf post4e r￿fred.
£104 f(K bank thw988 (1888 £21.(>3 r•covwed trom a RestrKted Fund)
£36 to renew website domain addres8.
£250 notional donatic￿ to a88iSt wth the wr(h8e of a rthv computer a volunteer lo
administer the acc(xJnts.
Total lund8 t*kl by the Trust rose to £181 ,932. 71 from £134,822.36 (yle 31 .3.2020). Of this total at the
end of Ihe year under rev￿ £126,W.47 (£73.¥27.26 81 yle 31.3.2020) relales to the balances held
on the vwious rnstricted funds whilst the Trust h88 maintained rt8 General Reserve {De31gnated Fund)
of £50.[￿.58. Thls, togethw with the balan¢% on the Genwal FuThJ of £4,927.68, 18 considered by the
tru8teos to provlde adequale IiquKIty for It8 fm888able rn•ds and p088ible emergency 8rtuations.
Tho need to make u80 of and M￿y0r￿n transkn caused ￿ inuea88 in bank dwrges fr(xn
£59.80 to £251.00 auoss all funds.
Page 6

H-OPE CFtRISTIAN TRLIS
The Tnjst continues to receive somo incomé in US dollars and ￿lIst this Is conveniently trnnsferred
to rts US$ account, extrema flu￿￿10n6 of exch￿ f￿•S dunng the yoar under revi￿ gave rise
to a net loss of £1.W.64.
Wth tho limitalions cn travel imposed by both CovK119 a)d ts ccxfflict in the Holy L￿d8. the truste
made no Irips ayoad. Travel un(lertaken by them in tIN8 UK wa3 met from their (Mn r&S￿r¢￿8.
Rlsk Revlew:
The trusteog aro cogni38nt of th8 nsk 83soci8ted with wrxking in 8 poIrt￿lty unstable aroa such as
Bethlehem and the West Bank. The work of the charrty 13 constantly kept urKler roview in th6 I￿h1 of
the volatil8 situation in this area Being 818rt to tr)ese ￿tential k￿leMS. the Trust takes slep8 to mrtigate
perceived risks whwever possibl8 both to M(￿105 tran8mrtted to tx)efrAar*s and to rts own pers(x)nel
who mako visrts to t￿ ww-tcm areas.
Risk r818ted to the chanty's operatK￿3 In tho UK are oinfined to th08e associated wrth all small voluntary
organisations and tho trustees beI￿ve that. a8 lar os M possible arKI FYactKal, plan8 ar• n Pl￿ to
meet tho¥e potential risks.
The Trus113 also aware of the pot￿lia1 risk fr￿n the small nLMnber wrthin rts m￿ag￿￿OnI team
and recognises that eath member bring8 indNidual S￿,118 whK* moht not b8 r8adity r8plicatwJ by other
exi8liro volunteer members. Some action ha8 be8n taken to mityte risk by 8pre•Jing athnini3tratlV8
lagks acr088 a wits lody of trustoos •xl volunt88r8 arKI wrth pknning for the dovalowont of an
independent Trust - the Bethlehem Develofxnent Tru81- to lake responSi￿'1ty for a majcf part of it3
ministry with Bethlehan Bible College.
truste8s now bel￿0 thai In Ihe event of departure CK w)1￿￿ed Ilktsallh of any one membw It
could continue to yrate. 8lb8it at a reduced 18vel. Thai. by rt8 nature, HCT ths not have any
commitments or li8biliti88 1$ con8Klered a strength 811owing rt to ras￿nd rap￿lY to changes. both
internal 8Xtem81. This absence of e8tabli8h8d contractual lthilrti88 8180 reducés th8 regponsibilty
of the Trust slthlld any unfcKe8een ovenl ari80 that rn￿1 impacl UP￿ its workings
The Trust ¢c￿tInUeS to b8 vigllant In relation to its responslblllti88 Within the guidanc8 given by the
Financi81 Aciion Task Force outlined in RecunM￿IaI￿l 8. No dOnat￿n was received In the y08r
whith warranted further investigatK)n in relatw to money laundering. The Trustees visil aThJ inspec
potential new beneficiaries in the Bible Lands in an endeavoLW to en3Lre that m￿leS donated go to
the source of need.
Th8 Trust's Rlsk Polry w8s compre1￿SivelY updated in July 2016 and roviwts ¥0 undortaken by the
trust88s wher8 orn of thor gyoup is a Pfie8t in ChLKch of Engl￿d FYeviou81y an 018ted
Inspector,. Ofsted 18 8 body appoinled by Her Majest￿$ Ch￿1 Inspector to oversee the wort( of the
sch¢)ols in the UK. To fvifil the roles of each of an Inspedor, a Pr￿St and acadamy gov8morldirecior the
appointee 18 fully checked 88 to Iheir backgr￿nd and surt8bilily to work wrth children and musi 8tt8nd
r•9ul•r Cour•￿ on •ll •r••• of ri•k ••••••m•n¢. •tG. l<nowlodgv gainv¢ In ihl# rokn i• amar￿ wltn ine
olher trustO08 and particular atten11c￿ is given to Saf&Juarding ProvIs￿n within the projects supw)rte
by the Iru
At the end of the financial year in Marth 2020 adjustments were made in Ihe p8ttwn of support for th8
ministries the Trust sup￿rtS (kn to the Covid 19 parKIwn￿. A Irust&g W8s (hje to Vi8rt th818nd in early
Mwch and thi3 was cancelled, The Trustees became aware of the Incr88S8d drfficAJllies facrrfJ many of
organisali(￿S and poople thoy wwe 8UPPtytiro partH%l8rty in Zababdeh, Bethlehem and Gaza.
Di8cussion8 took place arn￿9t the trustees 88 to a spocMI fund48ising effort coukl bo made to
give relevant and mu¢* needed suKport and thi8 was caffi8d over tlywh Inlo the ￿rrent financial year
and along with many othw thanli08 thi8 has ml t*an 888y.
Structure, governance and management
HCT is 8 ch￿'ty that 18 constrtuted as a trust and was registered with tho Charity Commission on 19th
December 1989, All matters con(xming th8 Structure, governan￿ and management of the charity are
Cc￿lained In a trust deed (lated 22- Novemt)er 1989.
Page 7

14DPE CFtrRISTIAN TRLIS
AddrtionaVn•Nlreplacemént mombers of th8 trust are 1dentffi￿ and invited by oxistiw tru8t88S to
becom8 truste68 of tho thanty in acc￿dance with the trust dood.
The Lwrronl trustees are all UK residents and undertake the daY4￿laY management of tho charity on
an unpaid ba818, albeit that travel expenses are bome by the Trust w dwations from Supwtir
chanties. Regulw visrts to the Bible LaThJ3 co*inue to be (K￿ertaken (wI￿n pem)rtted) by trustees to
provid8 overs￿ht of tho operations th81 aro 8￿pOrted by HCT.
There hav8 been no reswations rKY apFolnknatts to Iho bowd of trustees dLfiThJ the year uTrJer
revwi, as ha8 bow Iho G980 for 88veral yoars.
Reference and admlnlstratlve detslls:
a) Oth•r op•ratlng namo•:
Thè tharity 8180 reeeivès gifts folkMirvJ names, whith are current furbsraisiro
(minisiries) to Support christi￿ C￿nm￿l￿a6 overseas:
8ethloh8m Bible College
L￿hthoU38 School
Hebron School
Zababdeh Family Centre
Tho H￿80 of Hope
Tha St•rd Soc
b) Prlnclpal addr•u:
Tho corresp￿)0er￿ address for mattw3 relatsng to all areas of tho c￿.￿3 work Is.,
2. Orchard Colffl,
Claverham.
North SomTht.
BS49 4TB
G) Management & Custodlan Trust•os:
The Rev. John Angle- c*airn￿n
Mrs. Janet Angle- seuetsry
Mr. Peter Burden
Mrs. Rosemary Burd8n
Mr. Paul Warren
Mrs. Chnstine Warrèn
d) Bgnk•r•:
Lloyd3 TSB Bank plc,
Hioh Street.
Gillingharn,
Dors8t
National ￿stminSt6r Bank plc.,
9 Tho Triarydlo
Clevedon.
North Somw38t
SP8 4AQ.
8S216NE
•) Ind•p•ndent •xamln•r.
Philip Sheph8rd8on CA (ICAEW)
The Rectory. Hlgh Str•rt
Avebury,
Wlltshlre
SN8 1RF
Page 8

OPE CH-RISTIAN TrLIST
Supportlng Chrlstlan Communltle• In th• Lands of th• Blbl•- R•g1ster￿ Charlty No.328458
Recelpts & Payments Account
for the p•rlod 1st Aprll 2019 to 31 st March 2021
tly
>>>>>>>
T•t•l•
T•t•l Fund•
Recelpts
Receipt3 Iiom gen•th•3 f
Volunthry incom•
In￿•1m¢￿t Inc(wne
Rectlw irom cth•rtlabl• •o*MII••
otmr recelrts
7.470.C6
6.825.18
116.104.49
130,399.73
f02,865. 14
30ry)
Total rtt•lpt•
7,588.14
8,831.74
116.IJ4A•
130.$24.37
102.856.14
Payments
Ce•t of geTheratlr¥J lundi
Co•1 of oefwallrKJ volunl•ry k)c¢ffi•
ChAnEabl• adivrtwi
Othw ￿yMor￿A
T¢Jtal p•ym•nt•
1045
89.827 61
1.(fA 64
877 27
81.386 35
1,35040
382 51
75.510 78
11.SS8 74
285 76
12.611.32
70,902.70
83.414.02
74973.22
N•1 rnc•lptsipayiMnt• b•forn tran•f•rn
4.963.18
6.831.74
46.231.79
47.110.36
28,Ul.92
Trnnshrn..
<kn lrnn•fer• betrw•en lurvJ8 . In
gr<* tran•fern behw•n fur¥J• . out
9.719 27
9,145.84
20.152 08
1Z31166
29.871.3S
29.871.35
25.218. 18
2&216, 18
412.85
N•1 rK•lptsipaym•nt8 beforn oth•r
In•nH•
4379.70
1MI.11
83.071.21
47.110.36
21,Ml.92
Reconclllatlon of Funds
Tot•1 lundo 1x0￿h1 loTh¥•
9.307 43
51.587.67
n.927.26
134.822.&7
I￿240.44
Totsl fvnd• c•rrf•d forward
4.927.68
50.006.S6
126,9M.47
181.932.71
134.82136
Reprnsentod by."
31 J2021
31.3.2020
+lop• CT G•rr4r•l Fund
4,Y27.88
4.W27.68
9.X)7 43
Gen￿￿1 R••er¥•
Glft Shop
So.￿.
sO,C￿.56
1,587. 87
8￿111•h•M 8llJl• Coii•g• . 24(￿lub
Beffile￿ Bibl• Coii•g• . G•n•ral
BotN•h•m Blbl• Coll•9• 1c￿ Proje
Bethleh•m BIU• Colltg• . SF*alk Gin•
25,664 1
25.684.18
12.285.48
750
t31.C
3.231.95
435L
111.22
631 Q)
1S1 IX•
3.219.81
471.25
1.011.72
757.25
151 00
3.219 61
471.25
1.011.22
757.25
14bbiM Evawkal Scho
Hope Communty Supwrt
Hop• CT Spoc¢fi¢ &ft•
C(ynmunty sup￿}
How ol Hope
Lyhth¢xm School
LVhlh￿J￿ School Ccffimunty Supp
Lghlhcw• School R•*llwK• Fund
LfvJhlhLW School US D¢llw Hobjl
Love Inlo Ac*on
17.879.78
2.130.XI
29.22122
1,943.94
13.888.$1
10.567 77
150.
16.270.32
17,879.78
2.130 30
29,221.72
1,943.94
13,￿.54
10,587.77
150.00
16.270.32
7.044.44
873. 24
14. 336, 88
3,6W44
13.808. 51
5. 035 92
150.Q)
g.H9. 14
2CQ LKI
550.GQ
31101
Sheph•rd Socloty Famity Supwi lrnvl••d n•MJ
Synan Relugee Appe•l
Zabatsjen Communty
T4xal all Fund•
3.en 11
$0.006A6 126,9•8.47
3.672 11
181,9J2.71
4,927.68
134.82156
p•g• fo

OPE CPFRISTIAN TrLIST
8upportlng Chrf•Uan communltl•s In th• land• of th• Blbl• - R•gl•tsr•d Charlty No.328456
Statement of Assets & Llabllities AS Ilt 31st MArch 2021
ILL
Totals
31.3.21
rot•
Jl.3.20
Funds
Ca•h
Curr•nt kcourrt
rt Account
434.23
4,493 45
434 23
13149192
50.OCkry 58
181 932.71
128,998 47
134 822 36
50 58
126 998.47
134 822.36
Toi•l•
31.3.21
rot•l•
Jl.3.20
und•
Fund•
Caft hjd T•x r•claiffl
lof y••r lo
31.3.2021
457.25
12,230.82
12,688.07
11290 27
457.25
12 230.82
1Z 688.07
13 290.27
Fund to
valu•
31.3.2021
V•lu•
JI.3.2020
None
lor Cha
Valu•
31.32021
V•lu•
31.3.2020
b•lon
Laptop Computor (r•fwblsh•d)
Tmt f.o.¢.
nu
ablllt
Al
rnlat•s
du
31.3.2021
31.3.2020
nH
Conllnoeffl Uablllty - refundabl•
deposh rfjc•lv•d fof Chrt*
Cfo•woads Confer•nc•
8ethl•h•m 8lbl• Coll•g•
5peciTic ¢Jonaii'¢xis
151.
151.00
ov•d ty th• tru￿••$ ol Hope Chnitl•n Trust
. 2021
p•g• ff

FtOPE C￿RIsTIAN TrLIST
Notes to the Aceounts for tbe year ended 31sL Mgreh 2021:
n2tLI . Accounung polkles
The80 Financlal Satem•fflS ftave beon preparnd on th• R•c•V• & Pwrthrts ba￿1 In •C¢Ord•n￿ ¥Alh th•
Cham￿5 Act 2011 soGtsrJn 130(2) and SORP (FRS102) a• amend•d In Febru•ry 2016.
. Nature and purpose of Funds
note
ff P
G•n•rnl Fund
Av•d•bl• for th• wry>o•M ol Hop• Chflthn Tiu•t in •C¢Ord￿ th•
obl•ctlv•• rMAlln•d in h TfU•t O••d
Funts ••¢ ••th lor lup￿ ol th• Tnmt In th• ol tsifx••••d dam•￿ f
8ul•thnc• ￿ r•duc•d irKtyM lof th• Trusl.
Pr￿￿•ty h•ld m¢¥)rM Imm goods ￿k• In th• UK, from •rtl••n• In th•
L•ndS . fKW lrnd•J Ihroiigh 8•lhbthwn 811>1• Coll
E$l•bIl•1￿1 to r•¢*¥• don•llM• •rbs1ty fmm •pw h•d by th• Twii and to
mo•t UK ￿$ts •ll r•l•tsng lo th• G•z• C*ffr•
Eit•bll•h•d to r•¢th* don•tk)fi• from •pp••l• l••d by th• TnM( gp*ilcally
for th• purpo•w of 8ibl• Coll•g•
Gen•fal Re••rve
Fund
R•voMng
Glft Shop
Gaza Siudy Centre
Bethlehem Blblo
Collag• Gen8rn1
B•ihlohem Blble
College SpKfflc
Hebron Evang•lkal
Esl•bll•h•d lo r•c*rt donatlorn •rf•lng from •pp••h l••d by th• Tru•i kn •p•¢l
small undwiak¢n by th• Colw gr nornin•t•d •lud•ii •upport.
RwoMfi9 •nd or•Mff
proJ•d• tfvlthln th1• Fund
lor Wron Ev•nyllc•l School
E*•bli•hwJ lo r•c•r¥• d¢)n•tM)n• •nwng from •pp•d• l••d by th• Tnrt tr th•
ppwl of •prfffic prq•cti ¢Xhw Ihan Um• fof *th•ch • R•strKt•d FLffjd h•• b••n
Hop• Chnstlan Trust
Sp•clfic Donthns
HO￿ Communlty
Support
R•voMng •Trd on•off
Pro￿ vAthln Fufid
E•thbll•h•d to hold m(m6• r*lA•d frcth Ilfn• to Ilm• for th• ChnthrA In
Hope MISS￿
Support
Rwomng and onmff
PfDJKts vnthln Ihli FuThl
mtMlQft• *llPPOrtthl by th• Tiu•t
Hou8• Of HOPO
•p•uhe•lty for th• ol Hop•
Lighthou￿ School
E•t•tyi•w io r•c*v• g•nwal don•#orA trom •pp*ts h•d ty th• Tru
•p•dn¢•lty tty lh• Ugmhouw 6th1W.
E•tIbl￿h•d ￿91ft￿ly to •rtslng itrom •pp*l• l••d by th• Tnmt for
• t••eW• f•mlly m•d• by fir•. •ub••ty• In th ol l•t
¢Mftl¢ts
R•bY•Mng •nd ontroll
Ojects *lrth*n thi• Fui
Llghthou
CommunRy Support
LIgMhouM School
Reslllence Fund
Lffjhthoum School
US Dollars
Lov• Into AGtlon
lor th• Lov• Inlo kn rthrltyi grnal u••
E•t•bliih•d lo r•¢th• donath from •ppMl• l#d by th• Tn*t. •p•dfi¢•ly
Rv￿m
Shephefd Society
Gènernl
Sh•ph•rd Socl•ty
Famlly Support
Eit•blffjW to domtlorffj from app•bh h•d by th• TnAt, wll• for
lh• •upm ol up ty th• S•. mwg•d Into th• G￿¥•1 Fund
Rwomrwj •nd onfroff
Ixq•cts wthn ihis FurKI
ZAbabdeh
Communty
th• Wofk vAlh th• T•l)rth• mini￿10￿ m Z•b•bd
Rwofvlng 8nd on-off
ojects wrthin this Fund
240
I￿X) PfqKI
pag• 12

PtDPE CFtRISTIAN TR￿ST
Noie• io (he A¢¢ounts for the year ended 31•L March 2021
l . An•ly•is rfR•c•lpi• & P•ym•nt•
.307AJ
itr)c
11,45474
104
3.fAI 79
.000.
6.96
¢3fft Str•
1J17.17
10.3ffj0)
1045
>)m5 38
)Jry)
T•x (GA)
3,IYJ3 •5
co
&971.10
4.1•
10)
Ir￿P
111Jp)
240C
7W
1.egj co
3231J6
1234
¥31•,11
11122
431AQ
Irrfj
T￿ IGAI
278 23
45CO
47121
Tty (GA)
82S
71721
16.7W.54
9.IX9é
4218.51
ICO(Y)
oj
17m.n
m24
1,970 0)
l.x￿
21.CQ
T• (GA)
135 sJ8
11JOaO
8.375 (K*
11.Tlla5
1.901 C
7.e&5
J.eNJ co
21 C(1
T•K ICAI
4.l*C
2•m122
1,058.
R••llv¢4
8.&37 Q)
1,9KIDJ
82515
1M.IX
1WJ)O
7.110.ty)
9.IXI).rxJ
6.828 13
1.•2
T* IGAI
2,1Jl
1241.co
I•.IT•J2
Sfft AF9•1
IGA)
¥1JJ11
5a7128
810
1714
In
3.￿41 79
Jm.11
Tolal• ol••Eh typ 31J2021
4J2T.11
120Jg8A7
1J4J22.Jl
T•iii 01￿ IuMi• JlJ2Q21
18lJ32.71
p•q• IJ

FtDPE CF*RISTIAN TR￿ST
Notes to the Accounts for the year ended 31$L March 2021
QL4 . Trustees rnmunerntlon
L%
mou
No remun•rabon poid to any tru6to0 . tho Tntst has no contratxoa pwqonnd *thin rts or9•nts4tson
No provhlon h mad• by th• TN•l lo wovld• any pwwon ty othw fina￿￿1 ty￿efit to ony ol th• truth••
ote 5 - Trnstees trav￿ expenses
und
R•*n￿￿•￿rf fof Incu￿ In th• of th• Tnmt and Its rnlNrt
Totsl
Amount
no
. Other transactlons wlth trustees and connected persons
atur•
Fund
TnJ•l•v
R•lrtlUrn•TWt lor •ul)•¢ili*kn) to W•t*rt• ho•1
35.76
Tru•t
RthfT*ur•rt fty Ink441 ¢•th19•1
37.72
160.75
Volunt•w
250.00
484.23
L7 . Other Infommtlon
Il*d In th• R•itrl¢t•d Fundi Io lh• r••p•Gfi￿ b•n•fiu•n
Th• Tnjsl MS Thcl gr•nt•d any Il•n of Pkna9• *)w •ny ol
No •ndphTTbml h•v• b••n at •ny Jm• durlro ih• of tho TnAt
The Tru￿ h•• no f￿ad a•i•li ￿h•1 th•ft • l•th glft•d lo Ih Tru•* •1 r•C• ¢O•t m Octobw 2018 •nd C￿•th•￿ to Do
Th• Tn*l hm no ojrvwrt ••••t* th•Tr th• e••h b•knc4• •hwTr In th• ￿•T￿nt ol A••* & ￿•￿111￿•. • nomtnal iio¢k of po•tsg• 8t•mps ar
•l•ll¢Mry held Irorn tsmo to tlme. •thg *llh tho purchas•d prwou8ty •nd Initsll•d on th• 8bOv&m¥é￿1i•d llplop ¢Qmp￿er

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