2024-06-30-accounts

The Peru Children's Trust (No. 1063976) Annual Report July 2023-June 2024

History

The Peru Children's Trust (PCT) was formed in 1997 to support the work of the charitable organisation, El Shaddai, in the city of Huancayo, Peru. El Shaddai was established by Gay and Manuel Reynaga who witnessed the poverty of children and adolescents living in the shanty towns in and around Huancayo (a city in the Andes mountains). The charity initially assisted children and families affected by the ‘Sendero Luminoso’ terrorism act of the 1980s and has helped over 2,500 children to date.

In 2012 a new charitable organisation, ‘Peru Children’s Trust - Huancayo’ (PCT-H), was established and assumed responsibility of the work done by El Shaddai.

Mission Statement

The focus of The Peru Children's Trust is the long term relief of poverty and sickness, and the advancement of education and Christian faith amongst poor, orphaned or abandoned children and adolescents. It operates in the shanty towns and deprived areas of Huancayo and surrounding villages in the Andes – an area with a population of 500,000 people. The charity employs family support workers who build and maintain close personal relationships with the children and families.

Structure & Governance

The Peru Children’s Trust is governed by a Board of Trustees in the UK. The Trustees oversee fundraising and transference of funds to its partner charity Peru Children’s Trust-Huancayo, who provide local governance and complete audit checks. Regular reports and accounts are reviewed to ensure that the money is appropriately spent. The transfer of funds to Peru is dependent on a review of the prior

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month’s expenses and forward-looking forecasts. The Trustees visit Peru at least once a year to see first-hand the work carried out by the charity.

1. Supporting Education: Our mission is to holistically support the education of disadvantaged children and adolescents, helping them achieve their full potential. Although education in Peru is officially free, government funding only covers teacher salaries—families must pay for registration fees, desks, books, stationery, and uniforms. Poverty prevents many children from accessing education.

2. Improving Living Standards: Through care and practical support, we strive to enhance living conditions—ensuring access to sanitation, bedding, roofing, nourishment, medical care, and income opportunities. Self-help advice and small business start-up schemes further empower families.

3. Promoting Christian Values and Family Guidance: We enrich community life by offering Sunday school, children’s holiday activities, pastoral visits, women’s welfare groups, and Bible studies—providing spiritual support, guidance, and psychologist counselling.

Sponsorship and Impact

The Peru Children’s Trust (PCT) encourages individuals to sponsor a child with a monthly contribution, covering education and wellbeing expenses. Sponsors receive bi-monthly newsletters and annual reports on their child's progress.

Over the last 20 years, PCT has helped over 2,500 children complete primary and secondary education. Some have pursued university degrees, while others have successfully launched small businesses, thanks to PCT's coaching and support.

Beyond sponsorship, PCT raises awareness through church and community talks, social media, and fundraising events—including handicraft and food sales, raffles, and sporting competitions.

In the UK, PCT collaborates closely with its sister charity in Peru, PCTHuancayo . Family support workers visit children and assess their needs—

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providing school supplies, roofing repairs, solar panels (for homes without electricity), furniture, and bedding. This not only improves living conditions but also creates employment opportunities, benefiting entire families.

Many families supported by PCT live in impoverished areas—shanty towns on the outskirts of Huancayo or villages along the valley. Housing is often inadequate, with cramped spaces, no sanitation, and no cooking facilities, sometimes lacking doors or windows. Despite free education, children must still cover registration fees, uniforms, and textbooks—costs their families cannot afford.

PCT ensures children complete secondary education and receive housing assistance, including proper roofing, doors, and essential furniture. Many children lack birth certificates due to financial barriers, preventing them from enrolling in school. PCT works to obtain these certificates, granting them access to education.

Additionally, PCT believes in bringing joy to children—many do not celebrate birthdays or holidays. We host bi-monthly birthday parties and a special Christmas event with games, festive meals, and presents. Family counseling and Christian teaching remain central to our mission.

Fundraising and Financial Overview

The sponsorship program is PCT’s primary source of income, funding urgent relief for families facing extreme poverty and wages for Family Support workers. Sponsorship growth relies on word-of-mouth and our existing network of sponsors.

Increasingly, funds are being raised through website donations and special events, including an annual photoshoot and sporting fundraisers .

Sponsors are encouraged to make additional Christmas contributions , which fund gifts and holiday celebrations for children. Donations and Gift Aid help cover sponsorship gaps, emergency medical needs, and administration costs—ensuring the majority of funds go directly to children.

Fundraising Highlights

In addition to the core sponsorship of children, several fundraising events from October to December 2023 collectively raised over £4,000 , including Gift Aid:

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Amount Raised (£, excl. Fundraising Activity Gift Aid) Family photoshoot – Oct 2023 £1,080 Andes Marathon – Oct 2023 £1,090 Kundalini Yoga fundraiser – Oct–Dec 2023 £565 The Rose & Crown fundraiser – Nov 2023 £1,062 Two families' donations (March & April) £22,718

Thanks to generous donations, we have offset the rising cost of living in Peru, benefiting families and supporting our workers. Through careful financial planning, PCT reduced the transfer of funds to Peru by 10% while increasing the number of families supported . Strategic initiatives —including one with a local supermarket providing surplus food —have significantly reduced direct food costs.

At the close of 2024, we reported a £24,534 surplus , ensuring continued support for more families.

Achievements and Performance

In August 2023 , Trustees Mr. A. Reynaga and Ms. C. Hennessy visited Huancayo, meeting with PCT-Huancayo staff and families. Home visits allowed them to assess living conditions and identify urgent improvements.

During this trip, a new initiative introduced modern portable cook stoves , replacing traditional open-fire stoves, which pose serious health risks. An initial 10 cook stoves were installed, with a long-term evaluation planned over the next 2-3 years before expanding the project further.

Additionally, a local dentist hosted a hygiene awareness event , teaching children how to clean their teeth—many for the first time. Each child received a dental kit and an instructional guide , leading to noticeable improvements in oral health.

In October 2023 , Ms. Hennessy returned for a 2.5-month extended stay . During this time, she established PCT’s first fully equipped Technology Library in Huancayo’s headquarters. Thanks to a major corporate donation of computers and peripherals , this new facility provides children with quiet study spaces and essential IT skills.

[e-mail] | www.peruchildrenstrust.org.uk | Charity Commission no 1063976

In April 2024 , PCT held its annual summer camp at La Perla Centre in Chupaca . Over 100 children attended across three days, engaging in activities designed to develop social skills—including teamwork, empathy, active listening, and assertive communication.

PCT also hosted financial literacy workshops for parents , teaching household budgeting strategies. For children, a special workshop on preventing sexual abuse educated them about harmful behaviors and empowered them to speak out.

Looking Forward

Throughout the year, PCT continues to provide essential items to supported families , including bedding, furniture, and school supplies. With growing sponsorships, successful fundraising campaigns, and strategic cost-saving measures, PCT remains committed to expanding support , improving living conditions, and offering brighter futures for children in need.

The Trustees have complied with the duty in Section 17(5) of the Charities Act 2011 to have regard to the guidance published by the Charity Commission concerning the public benefit requirement. Approval: All approvals have been given remotely via email or internet.

PCT Trustees and Personnel

The PCT Trustees are as follows:

Mr. David Reynaga Mr. Andres Reynaga Mrs. Gillian Coe Mr. Carlos Troncoso Miss. Catherine Hennessy

The PCT Treasurer is Mrs. Janet Booker. The PCT Auditor/Examiner is Petya Todorova, Senior Accountant, RDP Accountants.

David Reynaga

[e-mail] | www.peruchildrenstrust.org.uk | Charity Commission no 1063976

Charity No. 1063976 THE PERU CHILDREN'S TRUST Financial Accounts Year ended 30 June 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PERU CHILDREN'S TRUST FOR THE YEAR ENDED 30TH JUNE 2024 I report on the accounts of the Trust for the year ended 30th June 2024 which are set out on the attached pages. Respgctivg responsibilities of trustees and examlner The charitys Iruslees are responsible for the preparation of financial slalemenls. The charitys trustees consider that an audit is not required under section 145 of the Charities Act 2011 Ilhe Acll and that an independent examination is needed. 11 is my responsibility lo examine the accounts under section 145 of the 2011 Act, follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145151 Ibl of the Act, and to slate whether partieular mallers have come lo my attention. Basis of ind9pgndBnl examiner's report My examination was carried out in accordants with the General Directions given by the Charity Commission. An examination includes a review of the aceounling records kept by the charily and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such mallers. The Procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as lo whether the accounts present a 'lrue and fairf view and the report is limited lo those mallers sel out in the statement below. IndgP9ndent gxaminorfs statement In connection with the examination, no matter has come lo my atlenlion.. which gives me reasonable cause lo believe that, in any material respect, the requirements lo keep accounting records in accordance with section 130 of the 2011 Act,. and lo prepare accounts which accord with the accounting records and to comply with the accoLtnting requirements of the 2011 Act have not been mel., or 121 lo which. in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Petya Todorov8 FMAAT RDP Consulting Ltd, Accounlanls Ground floor, Soulhway House 29 Soulhway Colchester Essex C02 7BA

THE PERU CHILDREN'S TRUST Registered Charlty No. 0163976 RECEIPTS AND PAYMENTS ACCOUNT Year Ended 30th June 2024 UK 30.6.24 30.6.23 RECEIPTS Donations.. Sponsorship of Children General Gifts Salaries Total SAVINGS ACCOUNT Interest Total Receeipts 38,753 36,560 2,271 77,585 64 53,609 6,663 2,376 62,648 65 77,649 62,713 PAYMENTS Funds transferred to Peru Bank Charges Expenses Total Payrnents 64,154 240 71,485 200 64,394 71,685 Net Surplusl Deflclt for perlod 13,255 8.972 Bank Accounts Bank current account balance b/f Bank savings account balance blf 4,177 7,102 11,279 24.534 13,214 7,037 20,251 4,177 7,102 11,279 Bank current account balance clf Bank savings account balance c/f Total Assets 24,534 STATEMENT OF ASSETS & LIABILTIES at 30TH JUNE 2024 30.6.24 30.6.23 ASSETS 24,534 24,534 11,279 11,279

THE PERU CHILDREN'S TRUST RECEIPTS AND PAYMENTS ACCOUNT Year Ended 30th June 2024 PERU 30.6.24 30.6.23 RECEIPTS Funds transferred to Peru by the Trust Less difference due to exchange lestimatedl 64,154 295 71,485 63.859 71,485 PAYMENTS Child Support General projects Salaries 19,108 21,685 20,297 32,217 14,030 15,966 61,090 62,214 Surplus for year 2,769 9,271 Funds held in Peru 1011071241 2,769 9,271 Surplus for year las above) 2,769 9,271 Surplus for year 2,769 9,271

The Peru Children's Trust {UK) Income Month Julv Aug Sept Oct Nov Dec Jan Feb March April May June Year ended 30th June 2024 Chlldren 3,451.09 2,551.09 2,811.09 2,551.09 4,040.42 3,857.41 3,051.90 2,532.59 3,007.34 2,726.09 3.564.08 2,793.59 36,937.78 X+B General 3,714.27 322.28 270.99 2,376.76 40.00 40.00 1,104.29 901.40 12,040.00 10,678.75 4,119.37 951.99 1,815.62 36,560.10 38,753.40 Salarles 198.00 198.00 Trans from Savlngs Total 7,363.36 3,071.37 10,646.79 5,125.85 4,853.42 5,056.03 4,389.19 3,616.99 15,230.34 13,592.84 7,871.45 3,933.58 7,166.71 84,751.21 84,751.21 200.00 198.00 198.00 183.00 183.00 183.00 183.00 183.00 7,166.71 590.00 975.62 50.00 188.00 188.00 188.00 2,271.00 77,584.50 Expenditure Trans to Peru Bank Charges Air fare to Peru Paypal Total July Aug Oct Oct Nov Dec Jan Feb Mar Apr Apr May June 3,877.56 2,791.70 3,433.44 5,671.20 14.252.88 20.00 20.00 3,897.56 2.811.70 3,453.44 5,691.20 14,272.88 20.00 20.00 20.00 5,608.54 10,143.15 9,243.98 5,406.38 3,724.86 40.00 5,648.54 10,163.15 9.283.98 5,426.38 3.744.86 20.00 40.00 20.00 20.00 64.153.69 240.00 64,393.69 64,393.69

The Peru Childrens Trust Year ending 30th June 2024 Bank Account July 2023 to June 2024 DR CR 1.7.23 blf 4176.52 Income 84,751.21 Expenditure 64,393.69 Bal clf 30.06.24 24,534.04 88,927.73 88,927.73 Savlngs Account Balance Transferred to CIA C105ing interest Bal to Current a/c 3110712023 0410912023 1410912023 1410912023 7,102.42 7,102.42 64.29 64.29 Account Closed

The Peru Childrens Trust Year ending 30th June 2024 Funds S ent In Peru Month July August Sept Oct Nov Dec Jan Feb March April May June Children General Salaries 1264.12 2769.97 2761.39 1343.71 1192.85 113.25 865.73 1340.09 1,361.07 1,123.35 1,187.66 1,477.24 1,989.21 1.914.01 6,573.81 1,667.83 3,328.10 2,301.87 1,307.02 4,872.98 981.03 5,892.54 1,574.08 1,193.61 768.56 1,198.72 1,901.98 45.41 2,060.98 1,987.84 115.09 1,421.92 1,192.56 Paypal Total 4,034.09 5,297.95 2,319.07 3.672.08 5,380.46 11,569.74 3,608.89 5,854.01 8,660.23 3,869.26 4,094.23 2,729.57 Total 19108.36 21684.5 20296.72 61089.58 61089.58