## **THE CHILDREN OF LOTA CHARITABLE TRUST Registered Charity No. 1081372**
TRUSTEES’ ANNUAL REPORT
and
## ACCOUNTING STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
## **THE CHILDREN OF LOTA CHARITABLE TRUST**
**TRUSTEES’ ANNUAL REPORT Year ended 5 April 2024**
## **Registered Charity No. 1081372**
## **Principal address**
40 Hyde Park Gate London SW7 5DT
## **Governing document**
Trust Deed dated 28 February 2000
## **Trustees**
Appointed by Trust Deed dated 28 February 2000 Mr R C P Mayhew Mrs L B Mayhew Ms L C Mayhew (resident in Chile)
A new trustee may be appointed by a resolution of the trustees.
## **Objects**
The relief of poverty and the advancement of welfare and education of children in the district of Lota in Chile, South America.
## **Review of activities**
The charity aims to care for around 50 families who live in a very poor district of the old coal mining town of Lota in Southern Chile by providing help in the following ways:
- repairs and additions to their houses when needed,
- monthly deliveries of flour, lentils, beans, sugar and other foods,
- clothes and shoes for the children, particularly their school requirements,
- payment for training courses such as nursing, hairdressing, engineering and other courses according to the child’s abilities,
- help and advice on health and administrative matters,
- English language lessons,
- a supervised camping holiday for fifty to sixty children aged 7 to 15.
In the year under review most activities have been reinstated following the restrictions imposed by COVID 19 including the annual camping holiday. It is intended to continue the activities supporting the families and to expand the scope of the help that is given to them as funds become available.
## **Financial review**
The Accounting Statement on page 4 has been prepared on the receipts and payments basis in compliance with the appropriate legal requirements for a charity with a gross income not exceeding £250,000 and which is not a company incorporated under the Companies Acts. The Accounting Statement shows a surplus of receipts over payments of £625 (2023: deficit £929).
The funding of the charitys activities and the expenditure on them during the year is shown
in the Accounting Statement. No reserves are heId other than day to day cash funds and the
charity will continue to receive funding as required by way of grants from The Robert
Mayhew Charitable Trust in London. During the year short terni interest free loans were
received in Chile from related parties and these are Tepaid out of funds received from London
as available.
Approved by the TnteeS and signed on their behalf on 5 February 2025.
,? RCPMayhew
Trustee
## **THE CHILDREN OF LOTA CHARITABLE TRUST**
## **ACCOUNTING STATEMENT**
**YEAR ENDED 5 APRIL 2024**
|**RECEIPTS AND PAYMENTS**
**Receipts**
The Robert Mayhew Charitable Trust
Loans received
**Payments**
Charitable activities
Food
Clothing and shoes
Gifts and donations
Health
Education
Summer camp
Travel
Administration
Sundries
Salaries
Other payments
Bank charges
Legal fees
Accountancy
Foreign exchange loss
Loan repayments
**Total payments**
**Net receipts/(payments)**
Cash funds at 6 April 2023
**Cash funds at 5 April 2024**
**ASSETS AND LIABILITIES**
**Cash funds**
Bank balance in Chile
**Liabilities**
Short term loans
**Net (liabilities) /assets**|**2024**
**£**
**27,691**
**1,851**
**29,542**
**8,644**
**2,521**
**143**
**-**
**-**
**3,783**
**555**
**3,080**
**2,165**
**6,142**
**27,033**
**33**
**-**
**-**
**-**
**33**
**1,851**
**28,917**
**625**
**1**
**-**
**624**
**624**
**(1,516)**
**£(892)**|2023
£
23,073
2,738|
|---|---|---|
|||25,811|
|||8,091
2,855
-
10
-
3,864
450
798
267
5,855|
|||22,190|
|||38
-
-
2|
|||40|
||||
|||4,510|
||||
|||26,740|
|||(929)
928|
|||(£1)|
|||(1)
(1,540)|
|||£(1,541)|
Notes:
1. There were no restricted or endowment funds
2. The trustees received no remuneration during the year (2023: Nil)
3. Chilean pesos have been converted into Sterling at an average rate for the year of CL$1,080.73 = £1 (2023: CL$1,064.25 = £1)
4. Provision for accountancy not made in the statement
## **THE CHILDREN OF LOTA CHARITABLE TRUST**
## **ACCOUNTING STATEMENT**
**YEAR ENDED 5 APRIL 2024**
|**RECEIPTS AND PAYMENTS**
**Receipts**
The Robert Mayhew Charitable Trust
Loans received
**Payments**
Charitable activities
Food
Clothing and shoes
Gifts and donations
Health
Education
Summer camp
Travel
Administration
Sundries
Salaries
Other payments
Bank charges
Legal fees
Accountancy
Foreign exchange loss
Loan repayments
**Total payments**
**Net receipts/(payments)**
Cash funds at 6 April 2023
**Cash funds at 5 April 2024**
**ASSETS AND LIABILITIES**
**Cash funds**
Bank balance in Chile
**Liabilities**
Short term loans
**Net (liabilities) /assets**|**2024**
**£**
**27,691**
**1,851**
**29,542**
**8,644**
**2,521**
**143**
**-**
**-**
**3,783**
**555**
**3,080**
**2,165**
**6,142**
**27,033**
**33**
**-**
**-**
**-**
**33**
**1,851**
**28,917**
**625**
**1**
**-**
**624**
**624**
**(1,516)**
**£(892)**|2023
£
23,073
2,738|
|---|---|---|
|||25,811|
|||8,091
2,855
-
10
-
3,864
450
798
267
5,855|
|||22,190|
|||38
-
-
2|
|||40|
||||
|||4,510|
||||
|||26,740|
|||(929)
928|
|||(£1)|
|||(1)
(1,540)|
|||£(1,541)|
Notes:
1. There were no restricted or endowment funds
2. The trustees received no remuneration during the year (2023: Nil)
3. Chilean pesos have been converted into Sterling at an average rate for the year of CL$1,080.73 = £1 (2023: CL$1,064.25 = £1)
4. Provision for accountancy not made in the statement
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
The Children of Lota Chaiitable Trust
On accounts for the year
ended
April 2024
Charity no
(if any)
1081372
Set out on pages
1.2.3&4
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for Ihe year ended 0510412024.
Responsibilities and As the charity trustees of the Trust, you are spOnSible for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 ('the Acl°}.
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
accounting records were nol kept in accordance with seclion 130 of
the Act or
the accounts do not accoid with the accounting records
Independent
examinerfs statement
I have no concerns and have come across no olher matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Please delete tbe words in the brackets if they do not apply.
Signed:
Date:
0510212025
Name:
Teren Elliott
Relevant professional
qualification(s) or body
(if any):
nla
Address:
5 Conrad Close
Gillingham
ME8 9SD
Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts: directions and guidan for
examiners).
IER
October 2018
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018