Educación Plus, UK. - Report for 2020 Charity Number 1048617 Statement of Assets and Liabilities
Assets at the end of 2019 amounted to £12,164.65 carried forward to 2020. At the end of 2020 the assets amounted to £13461.82
The Charity has a Contingency Fund balance (as at Dec 2020) of £3066.03 There are no outstanding liabilities.
Purposes of the Trust:
The Trust Deed states that the Purposes of the trust are:
a) The advancement of the Christian Religion;
b) The relief of poverty and advancement of education particularly among children and young persons in Costa Rica.
Contingency Fund
Our contingency fund equals approximately 5% of our average annual income. Because of the low interest rates currently available, the Trustees agreed not to increase the reserve fund except to accumulate the interest. Asociación Educación Plus de Costa Rica
Educación Plus in the UK exists to support the continuing fruitful work of Asociación Educación Plus de Costa Rica among shantytown children. This mission was started in 1992 and was first formally set up as a charity in Costa Rica in 1994.
Educación Plus acts as an holistic ministry to the children of the shanty towns around the capital city San José. Schooling is free in Costa Rica, and provided the children have a uniform, including shoes and a school bag with basic equipment they are eligible to attend. By providing these necessities, Educación Plus has enabled hundreds of children each year to attend school. In addition, Educación Plus organises sports, Bible study groups, Christmas parties with presents, and holiday camps for these seriously deprived children. One of the main strengths of the work has been the personal contacts with the individual families, enabling many of the crises of poverty to be resolved and thereby ensuring that the children continue to attend school. Rev. Keith Holder, the founder of the mission excelled in this work with the families and children. He has been ably assisted by paid Costa Rican staff workers and several part time volunteers.
Although Keith returned to the UK in 2017, he continues to travel to Costa Rica, at the invitation of the work. This is usually from the end of December to February/March. This is the period when the summer holiday camps take place followed shortly after by the start of the new school year. 2020 was a tough year for Educación Plus as the coronavirus pandemic swept Costa Rica. Despite this, the charity’s workers continued to do all they could to provide for the children in the communities where it works. We are grateful that the finances remained robust during the year, with little reduction in regular giving. Several additional donations were given to help those families most affected by the lockdown restrictions in the country. Due to the pandemic, Keith was unable to travel to Costa Rica, so no expenses were incurred for this purpose.
Educación Plus, UK, was set up in 1995 by Rev. Keith Holder’s friends and supporters to provide prayerful and financial support for the work in Costa Rica. Income for 2020 was £60740, which is a small increase on the previous
year. The income is made up largely of regular donations with occasional single gifts and sponsored funds. Change of Trustees N/A
| Educación Plus UK | Educación Plus UK | Educación Plus UK | Educación Plus UK | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Summary Accounting Statement | 2020 Totals |
2019(For Comparison) Totals |
|||||||
| Receipts | £9,762.80 £7,807.49 £5,260.00 £9,755.00 |
£32,585.29 | £10,559.00 £9,462.47 £6,460.00 £9,860.00 |
||||||
| Receipts- Gifts donations | |||||||||
| Child Sponsorship | |||||||||
| Gifts - General | |||||||||
| Gifts - Ex Pat Expenses etc | |||||||||
| Covid Relief | |||||||||
| Sub Total | £36,341.47 | ||||||||
| Costa Rican Workers | £18,123.04 £10,031.91 |
£18,123.04 £10,031.91 £28,154.95 |
£17,294.66 £4,787.53 |
||||||
| Sponsors | |||||||||
| Total | |||||||||
| Total Receipts for Gifts etc | |||||||||
| Other Receipts | |||||||||
| Gift Aid Receipts | |||||||||
| SubTotal | £22,082.19 | ||||||||
| Total Receipts | £60,740.24 | £58,423.66 | |||||||
| Payments | |||||||||
| Directly for charitablepurposes in Costa Rica | |||||||||
| a) The Children | |||||||||
| Child Sponsorship | £9,762.80 | £10,559.00 | |||||||
| Gifts General | £19,692.20 | ||||||||
| Gifts Covid Relief | £9,045.00 | ||||||||
| Total | £28,737.20 | £23,319.29 | |||||||
| b) Local Worker support | |||||||||
| Sponsored | £20,400.00 | ||||||||
| Gifts for worker support | |||||||||
| Supplement fromgeneral funds | |||||||||
| Total Field Worker Support- Latin American | £20,400.00 | £19,207.18 | |||||||
| Ex Pat.visitors / Worker contributions | £0.00 | £592.82 | |||||||
| Total Payments for charitablepurposes | £58,900.00 | £53,678.29 | |||||||
| Fund Raising | |||||||||
| Administration in UK | |||||||||
| Bank Charges | £168.00 | ||||||||
| PO Box Fee | £342.00 | ||||||||
| Telephone Costs | £0.00 | ||||||||
| Travel | £0.00 | ||||||||
| Information Commission Office Fee | £35.00 | ||||||||
| Office Ma | chineryand Premises & Sundries | ||||||||
| Total adminpayments | £0.00 | £545.00 | £533.00 | ||||||
| Total Payments | £59,445.00 | £54,211.29 | |||||||
| Transfers to Contingency Fund | £0.00 | ||||||||
| Net:-(Receipts less Payments) | £1,295.24 | £4,212.37 | |||||||
| Funds Summary | |||||||||
| Carried Over From 2019 | £12,164.65 | £12,164.65 | £7,946.16 | ||||||
| Net:-(Receipts less Payments) | £1,295.24 | £4,212.37 | |||||||
| Reserve funds | |||||||||
| Deposit a/c - End 2019 | £3,064.10 | ||||||||
| Bank Interest | £1.93 | £1.93 | £6.12 | ||||||
| Deposit a/c - End 2020 | £3,066.03 | ||||||||
| Cash | |||||||||
| Cash in hand - 2019 | £0.00 | ||||||||
| Cash in hand - 2020 | £0.00 | £0.00 | £0.00 | ||||||
| Difference | £0.00 | ||||||||
| Total funds available end of 2020 | £13,461.82 | £12,164.65 | |||||||
Educacion Plus UK Summa Accountlng Slatrmont 2020 2019 (Fty Totsls £10.559.1 ts,462.47 £6,480 00 £7.807 49 £S2W(WJ £9.75&1i1 £9.W.OD SL Toi £3158529 IA7 £1B.12I1M £14123.04 £17.294.88 tsfftAd R8C £111a31.91 £10.031.91 £28.1$4.95 £60.740.24 £22,OB2.19 £58.423.66 Payments 41 ThèChildr•Th £9.782.80 £10.S59.ts) £19.69220 É9.045. 737.20 f23.310.29 £20.4CLI.QO Glis forvKthryJr¢v LY).4LYJ. £19.2Q7.18 £592.82 ts3.6rn29 £58.9W. Illl Fund Ilatsl B2nk Cha PO 8ox Fqo Éa6B rl) £342.ty) Trn¥¢l Toi4 Totsl P £59.4M5.00 £54.211.29 FWKI £139524 £4212.37 Fund$ Sum Caffl&Y Q4erFrc4n 2019 £ll164_65 £1116(66 t124 £7,916.16 £431137 Dgpxrtalc. End 2018 10 £1.93 £&1? Cash in h¥vJ-%>19 TLI luiids end of 2020 £13A61.82 É12.1K65