2021-12-31-accounts - Educacion Plus

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Educación Plus, UK. - Report for 2021 Charity Number 1048617 Statement of Assets and Liabilities

Assets at the end of 2020 amounted to £13,461.82 carried forward to 2021. At the end of 2021 the assets amounted to £13949.88

The Charity has a Contingency Fund balance (as at Dec 2021) of £3066.37 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 2015, 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. 2021 was another disruptive year Educación Plus as a result of the ongoing coronavirus pandemic. However despite this, the charity’s workers continued to do all they could to provide for the children and families in the communities where it works. There was no need to lay off any staff during this challenging period and it was pleasing to be able to restart the camps programme during the course of the year. We are grateful that the finances remained robust during the year, with little reduction in regular giving. 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 2021 was £56289.95, which is a small decrease on the previous year. The income is made up largely of regular donations with occasional single gifts and sponsored funds.

Change of Trustees NIA

Educacion Plus UK 2020 (Fr Summa A¢countln 2021 Receipts hdd GAts.Gener Glts- Ex Pat EwseG e 107.40 £1S.3YJ. E4.585.(M E9.761 £7.8D7.49 £9.755.Tr1 SubT( £14SBS.6S £f&123.04 Gfft 0.687 -91 £7003t.91 .1$4.95 £60.740.24 Sub Tctsi Total Receipls £289.95 Pa enls TChIl Ch$ Genet CAy4KS Rét6f £9.107AO £9.762. 2.457.WJ ¥* &r4720 £x.(KX).tJ) £1fj74Jl 0).4ryJOO £O.OD Ex PaLvisrtorslWthr(thcS 674 fvnd Ralsl AthiTh¥lvaltw iTrV 68.) e16& £342Q) PO Box Feè Trav Told Totsl P £55,8OZ20 £59.44&00 Fund £487.75 29&24 Fvnds Surnma Camed Over a)20 tI1461AZ £487.75 29&24 Bard¢ Interest £&31 £1JJ Cash in d. 202D ash in d- 2021 Total fvnds avallable end of 2021 £13.94&88 £13A61.82 67. aq. 2L