Pharaoh's Dream Trust Chalrman's POrt l am pleased to report that both our sons, James and Matthew, agreed to become trustees of the Trust early in 2021. Since then we have met virtually- out of necessity as Matthew lives in Australia around every 3 months to review new applications for donations and to share thoughts about the future of the Trust. The Trust ha5 secured its registration with HMRC for the recovery of tax on donations. This was a long drawn-out process and we were able to recover tax on donations made in the past 4 years. This provides a solid reserve for the Trust and should enable other projects to be adopted in parallel with the Kids of Promise Academy in Kenya. In September 2021, in response to an appeal for funds from the Afghanistan and Central Asian Association, we committed £7.500 to support the resèttlement of Afghans and their families in the UK in the face of the Taliban take-over of the country and the humanitarian crisis. Despite the suspension of school activities on 2 occasions due to Covid-19 lockdowns, the Kid5 of Promise Academy IKOPAI has experienced significant growth in the number of pupi15 thi5 year. From around 80 pupils at the start of 2021, the latest report from William Ademba indicates that the school is now catering for 150 children. In addition, the Trust Continues to fund a much-needed feeding programme in Kahawa West throughout the pandemic, administered by CCC, the church that William Ademba pastors. This helps to protect the most vulnerable from starvation, which is considered a greater threat to life among the poorest than the virus. For several years, the Trust has supported the family of Tim Cain, a Luton man who died in his forties, leaving a widow and two children in their early teens. As the children are now adults, we will review the situation at our next meeting. Peter Warburton 23 January 2022
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Independent Examiner's Report to the trustees of the Pharaoh's Dream Trust (1059605)
I report on the accounts for the year ended 31[st] March 2021.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below'.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requires:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jamie Spears FMAAT
- 24 January 2022