REcisfERED COMPANY NUMBER: 2548383 IEnglaDd W•les REGISTERED CHARITY NUMBER.. JOOO578 rt ofthe Trvstees ajd UD*lldited StatrmeTrts for Iht #r etyd 31 Mareh For The P•ve Relief FOutiOn LiThit "ACFQW5K" l)f411r2023 COklPANIES HOUSE Wa]kets Accountsnts Limitrd AiT¢$ide HOse Royd Ings Avcnuc K¢igbl¢y Wesi Yorkshire BD214BZ
Conlents of the FinaTrcial Staternejhts for P•g¢ Report of the Tnlet$ 1103 Indes*TKlent Examiher's Rert Statemcnt of Financial Adivilies Balan¢c Sb¢et Noie5 10 the Financial Stht¢rn¢nts 7t08
The Pove Relief Foundatlon Limiied ort Of the Trystees txr ended 31 Mrcb 2023 for the The tTUStees. who are also dir¢¢tOTS of the ¢b¥rity for the PUTposes of th¢ Companies Aci 2006. present their report with the financial sratements of the cbarity for the year ended 31 March 2022. The fiDaD¢ial stst¢m¢fjts ¢omply with the Charilic5 A¢1 2011. th¢ Companies Act 2(N)6. th¢ M¢rnwandLUn aTLd Articles of Association, and Actountjng and Rerting by Charities". Stai¢m¢ni of R¢¢ommended Practict {SORP) applicable to charitic5 preparin8 their accounts in accordance with the Financial ort1Th8 Sthndard applicable in thc UK and Rcpublic of Ir¢land IFRS 102). REFERENCE AND ADMINISTRATIVE DETAILS R¢gi$i¢red Company #umb¢r 2548383 (Engla1 and Wales} Regijtered Charity numbtr lo(578 Reglsiertd offiet Suite 3 Airt5ide Housc Royd Ing$ Avenue Keighley West YorkshiTe BD214BZ Trustees Kathn Harr¢ither P J Milli¢an R Row)n and Company Sw¢tary lttdependent Exarnlner Miehael William Prncter FCA Clo Walkers A¢countsnts Limired Aireside House Royd Ings Avcnue K¢ighley West Yorkshire BD214BZ STRUCTURE. GOVERNANCE AND MANAGEMEf4T GoverniDg document The ¢harity is Controlled by Its governing do¢u]tL a deed of )d COn$tiftLtrS 8 limited company, limit¢d by guar•)t¢¢, Is defined by the Cw8nie5 Aci 21X)6. Risk management The rrustees have a duty to idtDiify and rcvicw the risk5 to which the Charity 15 CXPD5cd and to cn5urc appropriatc contro15 arc in place to providc rcasonabl¢ assuran¢¢ against fraud and ¢TTor whjeh rtfl¢tt ihe size of the charity. Prtsjects ¥¢ only und¢rtak•) on¢¢ suffici1 fimds have been raixd and vislts are undertaken to ensure thai the Work ha5 been compled. OBJECTIVLS AND ACTJVITIES Summary of Objeetives of the Charlty The charity is committed to the advatKern¢nt of bctr living 5tsrKlards for the poor and nEedy in Tanzania in the Lth¢ Victoria region. MgiTh Activitie5 Undertaken In plantling our activiti¢5 foT the year. w¢ k¢M in mind the Charity Commissitsn guidance on pjblic benefit 81 Our tiu4ee mttiing. The focus of our a¢iiviti¢s remains th¢ provision of ¢l¢•n wat¢r to the peopl¢ of Tanzania.
The Pove Relief Fou&dation Llmittd Rt ort of thé Trustets ear tDdtd 3151 01 Mrth 2023 Povety Relief Foundation (PRF) 0rat¢S in th¢ north- w¢sl¢rn Provi¢$ of Kagria and G¢ila a5 well in th¢ north ¢451un province of Mar4 Tanzania. In the year l April 2022 to 31 March 2023 PRF b&$ funded 9 wells ID Iht two re8ions of Kagera and Mara. The wells art in the followittg villages. Rubanga (K) 2022 Darajani (M) 2022 Luore IM) 222 MurubondeJMunJbaniy¢ (K) 2022 Nyangabi IMI 2022 Manddi8a (M) 2022 Nyabihan8a Kati (K) 2022 Mkoani IK) 2022 Murukakamo (K) 2022 All the wells have been ¢ornpleted and are optming. though M of them- MdIga artd Rubang•- are not operating the woy they should. Wkni15t an impTovemenl in the pump is Teqld for th¢ w¢ll at MandiB3, an extensjon of rings is required at the well ai Ruban88 so that lh¢ arnount of war whirh tan be drdwn is suffitieni for the village. The COM of the completion of the 9 wells. excluding the aforementioned exkn ¢osts al Mandig4 and liub•ny w8$ £21,280 cotwsing: 5 new wells in Kagera completed 6° June 2022 at a CDM of £1 l.OSO. 4 new wells in Mara cornpled 16 June 2022 al a cost of £10230. The last PKF ficld trip wa5 in O¢tobeT 2022 and in¢]led the vitatioD of all 3 regions where PRF 1$ operaftng. It was dotte by Karritt Harreiiher (accompanied by her stsn, Arth) Karkml, Fath¢r HothoTaftLS Ndaula (main corttaci in Kagern and Gelts regions). Seleman (our eDgin¢er in Geiial. ETnmonu¢l (our etsgu)¢¢r its Ka8era), Antholly and FokaDya (maiD conracts ID Mara). A iotsl of 32 new wells have been visiied. All of them are opernting bar the two mentioned abo. In addition io thc 32 ncw wells. 2 old wells {MwalolKasela and Mtaa wa Afya} have been visited a88in since they also needcd an extcn5ion of ring5. Thc5e are now opcrdting p*rfectly well and draw 4 5ufficienl arnount of water. In athliiion io the ave. 37 potthtial new sitrs have be¢n visitrd whicb will qualify ftir fvDJre PRF proJ¢¢i$, albeit with different levels of priority. The tal any)unt of wells in Tanzania is now 284. PRF also visitcd 5 womcn pS in the two rtgi0Tr5 of Kagern and MarJ. 2 of these gTOUPS have bccn 5UPWrtcd by PRF over the l¥st hvo years. Both are well organised and opcrating positively. The other 3 have been supporte41 by differeni orgaDisations over the years bui have beeD Seek siSnCe from PRF with their operdtiOII$.
The Pove ¢li¢f Fo dti rt offhe Trustee5 f•r tbt ér tndtd 3111 tsf Marth 202 PRF thank all those who have rnade don•iions #s without theirgenemsity it would t1 be p)ssibl¢ to ¢atry out these pmj¢¢rs providing ¢l¢an w¥leT, ¢lassTooms and I$ to women's groups. SL8ne beha of ihe Tn]stee5 of Poverty Rclicf Foundation R Rowa Secretary PR 25th (ktober 2023
de ¢ndtnt Examitt¢r'$ R¢ ort ¢0 ihe Trw$t¢ The Pover Relief Foundation Limited Independent exmin¢r'$ r¢port to the trnsttts of Th¢ Poverty R¢ll¢f FouDdati&D Llmlt¢d ('Ih¢ Compathy l report to the eharity tnlsiees on my examination of the ac¢ounts of thc Company for the year ended 31 March 2023. Re4>oniibilitie5 and bsis •f report As the ¢haTity'5 tTUSte¢s of ihc Company (and also its diTe¢tors f¢ thr PUTPOSCS of ¢ompJny law) you are responsible for the preparatiou of th¢ a¢¢owits in a¢cordan¢e with the re9uJrwnts of the Compathies Act 2(X)6 (Ib¢ 2006 A¢t). Having tI$fi¢d myself ihai th¢ a¢¢ounts of the Company are twt requjffd 10 b¢ audite4 und¢1 Port 16 of the 2006 A¢¢ and are eli8iblc for independent examination. I rcpon in rcspeci of my examination of your charity's 8ccounts as cattied out under setliott 145 of the Charities Aci 2011 {Ihe 2011 Act?. In taYryinB Out my ¢xaminaiion I bave follow¢d the Dire¢tion$ given by the Chariry Cornmi55ion under scction 14515) (b) of the 2011 Aa. Independent examlner'j statement I have completcd my exarnination. I confinn no mattcr5 bave come to rny attention in connection with the examination giving me taus¢ its bclieve: accounting records wett noi kepi in rtspect of ihe Company as wuired by s¢¢t•oti 386 of th¢ 2 Art,. or th¢ accounts do not accord wtth tho% r¢cords.' or the accoutsts do not eoty)ply with the accounting requiren)ents of s¢¢tion 396 of the 2006 Act tsth¢r Ihaj) any requircmeni that thc accounts give a tnx and fair view which is not a mattcr considered a5 part of an independenr examination. or the accounts have not bc¢n prepared in aCCOTdanc¢ wilh thc m¢lhc4Js and princip1¢5 of the Sthtemenl of R¢¢otlb¢dtd Pwti¢¢ for a¢¢ountirtg •)d reing by ¢h•rities (appli¢abl¢ to ¢haTities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have o concerns and have come across no other matters in connection with the examiDaiion to which attention should b¢ rt this report in order to enable a proper understaTvJin8 of the octounts to be teached. Michael William Procter Walk¢r$ A¢¢owJtants LiJnit¢d Airesidc House Aireside Business Centre Royd Ings Avenue Kcighlcy West Yorkshire BD214BZ 25" Ociober 2023
The Pove Relitf Found*tion Limi tgtement of Financial Attivities for the e•r eDded JI Ma 31J23 Unre5trfcted 3J.3.22 Total Funds Notes INCOME General dmations Inv¢$tm¢nt in¢om¢ 31,590 96 57.887 TOTAL INCOME 31,686 57.898 EXPEP4D£DJTURE Exp¢rtdire charitable activities 21280 38.180 NET INCOMEI(EXPENDITURE) AND NET MOVEMEwf Ip4 FUNDS 10,406 19.718 RECONCILIATION OF FUNDS Total funds brt+ughi fomrd 23.179 3.461 TOTAL FUNDS CARRJED FORWARD The notts forn part of th¢ financial statements
ht Pove Relief L4mlted Balanee Shee¢ At 31 Mzrih 2023 31.3.23 Unrestricted fund$ 31.3.22 Total FuTrd5 Notes CURRENT ASSETS Cash at bank TOTAL CURRENf ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 33.585 23.179 NET ASSETS THE FUNDS OF THE CHARITY Unrestricttd fijnds TOTAL CHAIUTY Fuf4DS The charitable company 15 ¢Dtiikd to ¢xempnon from audii S10 477 of th¢ Companies Aa 2006 for the year erwjed 31 March 2023. The ¢wste¢s have not required thc chaTitablc COTDpany kn obtain an audil of its financial ststements for the year ended 31 March 2022 in a¢cordance with Section 476 of the Cornpanies Aci 2(XJ6. The trustees acknowled8e their resKX)nsibilities for (a) cn5uring that thc charitable company ktcps accounting records that compjy with Scction5 386 and 387 of th¢ CompaJJi¢$ A¢1 2Th)6 and preparing fmaDcial swements which give a and fair view of the of affairs of the ¢haritable ¢ompany as at th¢ ¢nd of ¢arh finaTL¢ial y¢ar and of Its in¢onJ¢ and ¢XPEnditur¢ for ¢ach fjnanrial y¢ar in accordanc¢ with the reguiremcnts of Seciions 394 and 395 and which othcrwisc ¢omply with the Tequirtments of the Compatties Act 216 Telating lo financ1 staiem¢nts. 50 fara5 applicable ty the dwi'rabl¢ company. Ib) Thes¢ financial statrmtnts have btcn prepared in accord with the wial provisions of Pan IS of the Companies Aci 2006 T¢latiDg to small tbafitabl¢ ¢ompaoi¢s. atements w¢rr appToved by the Bo¥d 0fTn on 25 octob 2023 and sI¢d on behalf by.. R Rowan-Truste The notes forn) part of these financial statcmcnts
The Pove Relief FouTrddon Limited l¥otes to the FinanciJ Statements for the e¥r ¢nd¢d 31 Marth 2023 ACCOUNTING POLICIES Aceounting eOXVthlio Th¢ fjnatscial staiemenrs have been prwed under the historical COA convention with items Tecognised ai c051 or transaction value unless othcrwi5e ststed in th¢ r¢l¢vant note($). The finaTh¢ial stst¢m¢nts hav¢ bE¢n pr¢par¢d in a¢rordan¢¢ with the SiaiemeAt of Recotjjmettded Practice.. Accountiog aDd Rq)ortin8 by Charities preparin8 their accounts in accordance wilh ihe Financial Reporting Standard applJtabl¢ irt the UK 8nd Republic of Ireland (FRS 102) issued on 16 Juty 2014 and the FinancLal Retry StaDdard applicable in the United knn8dom at)d Republic of Ireland (FRS 102) and the Charitie5 Act 2011. Th¢ TtlLSi ¢Ot)$tiNi¢s a public benefit entity ¥ defined by FRS 102. The trustees consider there are no material uDcenaiDties aboui thc Charity'5 th'lity to continue as a 80in8 ¢oncern. It) preparing the financial sta*ments the trustets have considere4J whether in applying the accounring policie5 required by FRS 102 3nd Chariri SORP FRS 102 a restatrmetht of wmparative it¢ms was n¢ed¢d. No restot¢ments were requiml. strutture Unresrricted funds can be usd in acc4thtt with the ¢htiTitsbl¢ obj¢¢tives at the dis¢rdion of the trusoe$. Restytcted futKls can only be used for particular res¢ri¢ted pvryx)s¢s within the obj¢¢ts of the ¢haTity. Re$trictson$ arise wh¢ts sp¢¢ified by th¢ donor or when ffiJnd8 are raised for parn"cular tesrri¢ted purposes. In£ome rttognitio All income is recognised when the charity ha5 eThtitlemeni to the incomc. It i¥ probable that irKorne will b¢ received. and the #njouni of in¢om¢ rtt¢ivable can b¢ me4sured reliably. Donations are re¢ognised when the ¢harity hos received them likewise InreSt on fvnds. Expenditthre rttognStS0 Liabiliries are recolSed a5 expenditure as soon as there is a legal LW ¢onstru¢tive obligation Committing the charity to that expenditure ExnditUre is #¢¢ount¢d for on on a¢¢nLa]s basis and has bten Clwified uDder beadings that aggr¢gat¢ all cost related 10 the cate80ry. Where cos15 caftnoi be directly attributed to particujar heading5. they have been allated to 8¢tivities on a b85j5 consistent with the usc of r¢50urc¢$. T8xAtion Th¢ Charity is ex¢mpt from ¢orporntion tsx on its ¢han"tsbk a¢tiviiies. INVESTMENT INCOME 31.3.23 31.3.23 Deposit a¢count inte TRUSTEES. REMUNERATION AND BENEFITS The trustces all give freely their lime alld ¢xpertise Witho any fwD) of remeratiOn or oth¢r ben¢fii in cash or kind12022." £011)
Tht Pove Relief Foundation IAmitt4 Notes to the 1¢111 isttments for the ar ended 31 March 2112 EXPENDITURE ON CHARITABLE AcrivrriES 31J.23 31.3.22 Shallow we115 with pun]PS A detailed breakdown is PTovided within ihe RepLKt of the TnttS on page 3 MOVEMENT IN FUNDS Nel JDovemeDt In fullds At 1.422 At 31.3.23 Unrestricted funds Gerhtrnl fund 23.179 10.406 33.585 TOTAL FUNDS 23.179 10,406 33,585 Nei movemtnt in funds. Incl in th¢ at)ve ore as follows: Re50•rces MoverneAt i Èxpknded funds rt50yr¢es Unrestricled Genernl fid 31.686 121.280) 10.406 TOTAL FUNDS