2021-01-15-accounts - Africa Christian Teaching Services

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	I	t	0.		E77,714.45
EO.OO	EO.OO	EO.OO	EO.OO	EO.OO	EO.OO
EO.OO	EO.OO	EO.OO	EO.OO	EO.OO	EO.OO
E4,209.98	E41,910.02	E4,400.00	EO.OO	E56,803.00	E77,714.45
F1,714.02	E19,890.70	E1,837.25	E517.50	E25,943.97	-E1,864.14
-f31.82	f12,133.77	F965.44	E380.76	E21,453.68	E23,317.82
E1,682.20	E32,024.47	E2,802.69	E898.26	E47,397.65	E21,453.68

		Community	Account	R5,000.00
Barclays	Bank	Business	Saver Account	E42,397.85
				f47,397.85

Objectives and	Activ	iti	es
			SORP reference
Summary ofthe purposes		of	Para 1.17	To relieve suffering and to advance			the
the charity as set out	in its			Christian Religion.
governing document
Summary ofthe main activities in relation tothose purposes for the public benefit, in particular, the			Para 1.17and 1.19	The charity has continued its activities ofrunning two schools and supporting the education oforphaned children in four countries ofthe Great Lakes
activities, projects or				Region, namely: Uganda,		Kenya,
services identified in	the			Burundi and Rwanda.
accounts.
Statement confirming			Para 1.18
whether the trustees	have			Aii Trustees have read and understood
had regard to the guidance				the Charity Commission	guidance		on
issued by the Charity				public benefit.
Commission on public
benefit

Achievements and Per	formance
	SORP reference
		The Herridge Technical School had
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its	Para 1.20	seventy pupils in vocational training last year. As there was no Covid-19 in the county, the school premises were made available tothe community forsocial gatherings/celebrations.
beneficiaries and any wider benefits to society as a whole.		Eight widows (3in Burundi and 5 in Rwanda and twelve orphans were
		directly supported.
		The charity has scaled down the work in
		Rwanda and its involvement with Neema
		mission in Uganda.

Financial Review
Review ofthe charity's		Para 1.21
financial position at the end ofthe period			tlealthy. The Charity can ofits annual commitments borrowing.	fund half without		ofall
Statement explaining the		Para 1.22	A third ofannual running	costs is		held
policy for holding reserves			once a decision is reached to recruit new
stating why they are held			pupils forthe following academic Pupils spend a minimum ofthree		year. years
			at Herridge.
Amount of reserves held		Para 1.22	Twenty thousand pounds.
Reasons for holding zero		Para 1.22	NIA
reserves
Details offund materially	in	Pars 1.24	None
deficit
Explanation of any		Para 1.23	Conflicts in East Africa, pandemic			and a
uncertainties about the			decrease in donations.
charity continuing as a going
concern
Additional information (optional)
ou may choose to include	further statements		where relevant about:
			Regular donations from Partners		and
The charity's principal sources offunds (including		Para 1.47	occasional fund raising initiatives.
any fundraising)
investment policy and			N/A
objectives including any		Para 1.46
social investment policy
adopted
			Political crisis in the Great Lakes		region
A description ofthe principal		Para 1.46	ofEastAfrica.
risks facing the charity
			The aftermath ofCovid-19 pandemic.
Other

Structure, Governance	and Manag	ement
Description of charity's
trusts:
Type ofgoverning document		Trust Deed
(trust deed, royal charter)
How isthe charity constituted?	Para 1.25	ATrust set up to give grants through management ofTrustees.	the
(e.g unincorporated association, CIO)
Trustee selection methods	Para 1.25	Any Trustee can propose a candidate	at
induding details ofany		Trustees meeting, who in turn vote on
constitutional provisions e.g. election to post or name of any person or body entitled		the proposal. The decision ofthe majority is adopted.
to appoint one or more trustees		The new Trustee gives consent tothe doctrine offaith in the Trust Deed.
Additional information toptional)
You may choose to include further statements		where relevant about:

Position (og Secretary, Chair. etc) Treasurer