2022-03-31-accounts

poverty We tharve lives together 11 Annual Report 2021-22

A message from our CEO

I wasn't sure whether I would be writing another Annual Report after the last few years of uncertainty due to covid. Would the charity be able to withstand the climate that the country was facing with regard to job losses, redundancies, furlough? Would we get through the crisis?

Without the support of our donors and business members it might have been another story, but here I am writing to you in 2022, so yes we did survive that horrendous period and we live to tell the tale.

Not only did we survive the period, but we were able to introduce new programmes to our work. You can read more about these further on in this annual report, but they are programmes that are benefitting young people to learn new skills and begin businesses of their own. We have also provided communities in India with fresh clean water; children are now able to access clean running water rather than face the fear of death due to drinking contaminated water which is a game changer.

Our work continues in supplying the very basics in life that everyone should be entitled to: food, clothing, medication, but we know how important it is to give access to an education. Education is the key to releasing people from poverty and we will continue to do all we can to allow every child in our programme this opportunity.

I'm very proud of what our small team have achieved in such difficult times. We have a superb board of Trustees who govern and guide the way forward for the charity and although there will be significant changes towards the end of the year (see Looking Forward section), the vision is still to bring communities together to make a life changing difference. As always, thank you from the bottom of our hearts for all your support to our charity.

Val Huxley, CEO

About Us

We are a movement, part of a global community of like-minded people and organisations that share a passion to alleviate poverty and suffering around the world.

People against Poverty identify and help develop projects and then provide ongoing support to our project partners, who display total commitment to alleviating poverty and suffering in their communities.

HOW DO WE DO THAT?

By forming communities of individuals, like you, who share the same passion; businesses who care about communities and social impact (Business against Poverty), churches and young people through our Youth Ambassador scheme.

We invest in exciting projects that are designed to empower greater selfsufficiency, new hope and a more sustainable future - handshake, not a hand-out.

Where and What We Do

UK The Dignity Project supporting families in crisis Youth Ambassador Programme INDIA Child Sponsorship Borewells Crisis support

ROMANIA

Child Sponsorship and Family community support Legal, social care and medical Agricultural projects Educational programmes Crisis support

HAITI Child Sponsorship Crisis support MALAWI Child Sponsorship University support Vocational skills Tailoring programme Crisis support

TANZANIA

Child Sponsorship Further education support Crisis support

NEPAL

Child Sponsorship Crisis support

Meet our Impact Leaders and their teams

ROMANIA

Valentine Petronella Dana & Raul Visionary/overseer Medical/Hospital Child Sponsorship, Operations, Projects HAITI Adrian Atilla and Adele Gertrude Legal & Social work New Life Orphanage, Social programmes Visionary/Overseer

Costel & Tatiana Micro Farm/Feed a Child programme NEPAL

Gertrude Sherri Visionary/Overseer Child Sponsorship INDIA

----- Start of picture text -----
TANZANIA
----- End of picture text -----

Ben & Katie Julie Child Sponsorship/further educational Audiology Project

Prasant & Grace Child sponsorship and Borewells

Carmelia & Vasile Agriculture and Feed a Child Krishna and Sita Child Sponsorship Educational Project MALAWI Webster Tailoring Project

What we do!

The children we work with come from terrible backgrounds and often very sad situations. Some are abused, some are orphaned and abandoned, born into poverty and ignored by society. But we won't let them down! .

We aim to support them all to give them a better chance in life by providing the tools needed to access an education which we see as the most important factor of all our programmes. Whether they are children or adults, education is key and in our eyes, every person matters.

We also provide the tools and skills to enable young adults to continue further education. By learning new skills or developing existing ones, it gives them the opportunity to provide for their own families. For those who haven't previously had access to an education, we work to provide simple but effective and practical programmes that they can learn the very basics in life to help them get through.

Education is the key to escape from poverty and therefore it is our intention to ensure that every child has the means to access an education. School doesn't come free and so we ensure that the uniform and equipment is provided enabling a child to be included into the local school.

Our Impact for 2021

Provided regular food parcels and dinners for children and some families throughout all our projects. Constructed and built three new Borewells providing clean fresh running water for communities in India. Gave a Bag of Smiles christmas bag which included Food and gifts to every family and child using our programmes around the globe.

Provided 45 families facing crisis times in the UK with brand new white goods ensuring clean clothes, bulk buying and fresh cooking is available.

We put 12 youth through our own six month training programme in tailoring. Each student was given a business loan to purchase a sewing machine.

Continued to support over 200 children in our child sponsorship programme.

Significant Highlights of 2021-22

Borehole wells - India

Rather than drinking the contaminated water in which everyone washes, cleans and bathes, we have built three new Borehole wells in villages in the Andra Pradesh region of India.

Each well has been sponsored by a business and/or individual and a plaque shows the name of the well that has been chosen by its sponsor. The difference this is making to the communities is enormous. It allows people to provide fresh clean water for their families without the threat of death through disease.

Highlights continued...

Kinsley, Vocational Skills For The Vulnerable - Malawi

Kinsley is 23 years old. Kingsley left school while in primary standard 8 because of poverty. His parents passed on when he was very young through HIV. He has been raised by his grandparents but unfortunately they separated and he was forced to go and stay with his grandmother.

His grandmother is very poor and their source of living is growing vegetables which, due to the low quality, are difficult to sell. She cannot afford the materials needed during vegetable growing season.

When Kinsley was about to join standard 8 his grandmother failed to pay the examination fee and he decided to quit school because he had no one to help him. He now just stays at home, although does casual work when it becomes available. There is no possibility that he can return to school as he is now too old.

During the year we trained 12 young adults in Tailoring and after being chosen for the six month course, Kinsley graduated where he is now aiming to start his own business in his community. All graduates are given a sewing machine on loan for 3 years where they will pay back the loan to the sponsor.

If you are interested in sponsoring a sewing machine for our next team of graduates for 2022/23 we would love to hear from you.

Highlights continued...

The Poor Supporting the Poor

In Feb 2022, Ukraine was attacked by Russia. It felt too far away to physically help but our Romanian project, The Way of Joy, is situated very close to the Ukraine border and therefore we could support families through them.

After a successful emergency appeal, our supporters were able to raise sufficient funds to support Ukranian refugees whilst they took in people fleeing the war. In the first month over 200 people, mostly women and children used the facilities at Way of Joy. Beds were provided as were clean clothing, medicines, washing facilities, transportation and petrol costs - in fact everything for the family to get back on the road to their next destinations.

In the first month, however we were called by a friend of the charity who said that she worked with the sister of a Ukrainian family who were fleeing the country in their car. We was able to direct them to the Way of Joy project and then worked with them to obtain their visas so that they could reach England to be with their family. A few months later, we were able to meet the family and talk about their story and their future. The true reality is that they want to go home!

The project runs well and is still supporting families who are trying to reach other countries via the project. The support we have provided enables people to make the onward journeys by paying for petrol or paying for train/bus tickets. We also give them funds to enable them to purchase food along the way as well as accommodation costs. Although reducing in numbers per week, the need is still there and for as long as funds allow we will continue to support the Way of Joy project to help these unfortunate people. We must try not to forget that Ukraine is still at war with Russia.

Highlights continued...

Titani's dream becomes reality

Giving the opportunity of an education to children is one of our main aims. Child sponsorship helps support children to access an education and this is when we first met Titani.

Aged just 14, Titani was accepted onto the programme. Titani and his family lived a very hard life. Their home is a small house where they don't have electricity and drink water from a borehole which is about about 1.5 kilometres away. Titani is one of 5 children – he has an older brother and 3 younger sisters. His brother who is older left school to look after Titani and his other siblings. Now that Titani is older, he wanted to work and provide for his family and having progressed through all school years, he was offered a place to go to University to complete a teacher training course. With the help of his sponsor, we supported him to live out his dream.

For the last 2 years Titani has worked hard and is excelling in his training. This is now his final year and he will soon be recognised as a qualified teacher.

What was once a dream for Titani is now reality and he wants to pass on, to those living in the same conditions as he once did, that if they put in the time and effort and do the best they can do, they too can also achieve their dreams. By supporting our educational programmes we can give more opportunities to others.

Highlights continued...

The UK Dignity Project - supporting families through crisis times

Dear (Dignity)

I can’t begin to tell you how grateful I am for all the help and support you gave me and my young son to get us settled into our new home. After such an horrendous time, I have regained faith in humanity especially following the kind gesture of buying me a fridge freezer – for that I thank you from the bottom of my heart.

Thank you so much for making an empty shell begin to look like a home, each little thing made a huge difference to us, even the bedding, food and Christmas presents that were donated and sorted by the TSO from Wiltshire Council. In the absence of family, you made me feel I was not alone.

Such a daunting prospect became a positive experience, and it was all down to you and the help of others. I left a situation where my son and myself were not safe. I moved into my home with no money and nothing for Christmas for my son. Two days before Christmas I had food, presents, something to cook on, kitchen utensils and on Christmas Eve a delivery of the fridge freezer.

The process seemed very daunting but with yourself and the help of TSO ,I now feel I have the prospect of a safe and happy future. I really don’t know how you do it. Without charities like yours many feel they are alone and then you come along like a fairy godmother.

Once again thank you so much, no words can express how grateful myself and my little boy are. Recipient Name witheld

----- Start of picture text -----
DONATED 2021
----- End of picture text -----

Wiltshire Council’s Housing Income - Tenancy Sustainment Team (TSO), cannot thank you and the “People Against Poverty “ team enough for all the hard work great effort you put into delivering such an amazing service.

Your Dignity Project has a direct impact on the most vulnerable people in our community, and supports people that would struggle without the everyday necessities in their lives. This is a very valuable project for Wiltshire as you reach out to the entire County including the most rural areas which leaves no household isolated from your services. An amazing Charity supporting people of our community at their most needed time.

Pembe Alagoz TSO - Wiltshire Council

16 18 26

Child Sponsorship

Child sponsorship continues within all the areas of operation ensuring that children can benefit from regular support of food, clothing, medication and help towards its education.

2021 remained a year of uncertainty due to the covid problems and as more people faced losing their jobs the inclination to look at their finances meant that charity work was the first to stop. However, we were fortunate in that we didn't lose too many sponsors and today we are delighted to still reach and provide to over 200 children who struggle with everyday life.

Just imagine their little faces when they receive their letter from their sponsor. Someone from afar that really cares about them and their wellbeing. Project Leader, Krishna from Nepal tells us: " It is so wonderful when I can hand a child a written letter and translate that letter to them. They look on in wonder as I read out the letter and then a smile eventually crosses their face. Thank you to your sponsors for making a difference in their lives"

----- Start of picture text -----
.
.
----- End of picture text -----

To consider sponsoring a child yourself or sharing a sponsorship please visit the website for further details.

Other means of income

Grants

We were delighted to have received seven grants throughout this year. The grants were directed to two projects, the UK Dignity Project and the Vocational Skills for the vulnerable in Malawi.

We are grateful to all our donors below for believing in us and our work.

Dignity Project

AVIVA Crowdfunder £ 2.887.00

St James Trust £ 2,500.00 Local Giving £ 500.00 Lottery Community £10,000.00

Vocational Skills - Malawi

Pignatelli Foundation £ 2,500.00 Personal donation £ 800.00 Titsey Rotary Club £ 100.00

By receiving specific Project gifts, we can ensure that our general fund will remain healthy to ensure the charity can continue in its work.

BUSINESS AGAINST POVERTY

Business against Poverty remains key to the composition of People against Poverty. During the financial year 2022-22 Business against Poverty membership generated £35,500 in unrestricted income.

Although it was not possible to hold the usual Business against Poverty events, such as the Gala Ball, the charity has continued to work with its members and communicate its successes through Social Media, Newsletters and Zoom seminars.

Early 2022 we ran our first Quiz and Curry evening at the new venue The Moonlight Indian Restaurant (same owner as Melksham Tandoori) which was a great success. This particular event was to support the Ukraine Crisis appeal and raised just over £1,000 on the night.

We are grateful as always to our Business members who commit to their monthly or annual membership fee which helps us sustain our project work around the world .

i

Looking forward

CHANGES FOR THE CHARITY

OUR CEO

After 18 years service, in May of 2022, our CEO Val Huxley has decided to step aside for a new Head of Charity to take the reigns. Val will remain as a part-time Mission Director for the charity and work alongside the projects.

We are all very excited to see who will join us as the new Head of Charity and how the charity will continue its work in the future.

OUR FINANCE MANAGER

Alistair Steadman who has worked on our finances for the last 4.5 years will also be leaving the charity at the end of the summer period. Alistair made significant changes to all our financial systems and has provided us with regular precise and detailed figures for us to continue confidently in our work. We would like to thank Alistair for his commitment and valued work ethic that he has shown to us during his time.

We are delighted that Maggie Russell, qualified bookkeeper will be joining us in [phone] late August and we wish her every success in her new role.

Our Trustees have spent the summer looking at candidates for the Head of Charity role and by the looks of the quality CV's we have been receiving, we are certain that the charity will remain in good hands going forward.

At the time of publication, we have in fact and are proud to announce we have found our new CEO.

DONATIONS

Unrestricted giving allows us to meet the needs of the children and all the communities we work in around the world as and when they arise. We value every donation from the smallest to the largest updating our amazing supporters so they know exactly how their donation is being used to make a difference to those in our projects.

S P R E A D I N G T H E W O R D - F O L L O W U S

We work hard at networking, exhibiting, sending news items to supporters and social media posts but without the support in sharing the news we can't grow. Just a simple "like" on social media posts and a quick press of the share button will make a huge difference to our audience and will make Google very happy! the number of children in our child sponsorship programme so that they too can receive an education and have the opportunity to release their full potential.

G E T I N V O L V E D

Our Greatest Need

There are plenty of ways to get involved, sponsoring, becoming a business member, making small donations, supporting us at events i.e. annual Gala Ball, business networking events. We even hold fantastic fundraising events like: skydiving, abseiling, making cakes - in fact anything that will help bring in some income. We need your support for us to continue in changing lives around the world and being the difference to a child living in poverty.

Message from the Chair Paul Van Haver

It has been a remarkable year for the charity “wintering” the pandemic pretty well. Amazing sponsors and charity workers on the ground made our support count!

Amazing that such a small charity can have such impact across the world. From Nepal to Romania and across the globe to Tanzania and Haiti… What an amazing set of causes to contribute to giving people new skills and opportunities towards a more sustainable life. I am proud of what we are able to achieve through your generous donations and support.

As a small grass roots charity it is forever balancing the great need out there with the small budget we have available and make it count. Forever making choices to support and what can be done or not in some cases. It requires hard work and a open mindset and heart to serve those who really need it, whilst staying on mission.

I want to thank all who made it happen again this year, our trustees and staff on the ground in the UK, all our sponsors across the world and those who work closely with our beneficiaries on the ground.

Curious to see where the next year will take us! New challenges we are facing, with war in Europe and the forever pressure on the cost of living across the world. We are counting on your kind support to keep the charity alive and relevant.

With regards,

Paul van Haver

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 8 April 2003, and registered as a Charity on 6 June 2003 with the Charity Commission. The company was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association. Anyone over the age of 18 can become a member of the Company and there are currently seven members, each of whom agrees to contribute £1 in the event of the Charity winding up.

Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Organisation

The Board of trustees administers the charity. Trustee meetings are held quarterly and trustees are provided with a variety of reports to update them on all key activities of the Charity and to provide up to date financial information.

Appointment of trustees

The Trustees, who are also directors of the Charity for the purposes of the Companies Act 2006, have the power to recommend/appoint new or additional trustees and to remove any trustee provided the number of Trustees does not fall below a minimum of three. Trustees are selected to have a wide range of business and charity experience, and are required to gain an understanding of all aspects of the charity’s work. Ideally Trustees will visit where possible one of our international projects. Trustee vacancies are advertised through our website and all social media where applicable.

Trustee induction and training

New trustees are invited to attend a Trustee Education Day with the Chief Executive Officer and other key members of staff to learn more about the Charity and its overseas projects. They are briefed on their legal obligations under charity and company law, the Charity Commission guidance on public benefit, the Memorandum and Articles of Association, the Board and decision making processes, the budget and recent financial statements.

The Chief Executive Officer (appointed by the trustees) undertakes the daily running of the Charity together with a team of staff and volunteers who provide a range of skills and experience. To facilitate effective operations, the Chief Executive Officer has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and project related activity. Future strategy is developed in agreement between the Chief Executive Officer and the Chair of Trustees. Strategy is reviewed and agreed by the Board of Trustees to ensure the Charity continues to work towards its stated objectives and there is appropriate mitigation of all major risks identified.

Related parties and co-operation with other organisations

None of our trustees receives remuneration or other benefit from their work with the charity. Any connection between a trustee and officer of the charity with a supplier must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year, no such related party transactions were reported. policy for senior staff

Pay Policy

The board of directors (who are the trustees) appoint the CEO. The management team comprises of the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day-to-day basis led by the CEO. All directors give of their time freely and no director received remuneration in the year.

Details of directors’ expenses and related party transactions are disclosed in notes 17 & 18 to the accounts.

The pay of senior staff is reviewed annually and increased in line with inflation where possible.

Risk management

The work has identified that financial sustainability is a major financial risk for the charity. A key element in the management of financial risk is a regular review of available unrestricted liquid funds.

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and UK Accounting Standards (UK GAAP). Company law requires charity trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including income and expenditure of the charity for that period. In preparing the financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP; Make judgments and estimates that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business

The trustees have a risk management strategy, which comprises:

An annual review of the principal risks and uncertainties that the charity faces;

The establishment of policies, systems and procedures to mitigate those risks identified in the annual review and

The implementation of procedures designed to minimize or manage any potential impact on the charity should those risks materialise.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website.

Statement as to disclosure to our independent examiner

In so far as, the trustees are aware at the time of approving our trustees’ annual report:

• There is no relevant information, being information needed by the examiner in connection with preparing their report ,of which the examiner is unaware, and

• The trustees, having made enquiries of fellow directors and the examiner that they ought to have individually taken, have each taken all steps that he/she is obliged to take, as directors in order to make themselves aware of any relevant information and to establish that the examiner are aware of that information.

The staff and trustees of the Charity continue to be motivated by the words of Isaiah 58:7

“Is it not to share your food with the hungry and to provide the poor wanderer with shelter –

When you see the naked, to clothe him, And not to turn away from your own flesh and blood?”

Under these objects, the Charity has three main aims:

1. To help break the cycle of poverty for the deprived world, by empowering them to become self-sufficient.

2. To partner with UK businesses so that they can support poverty reduction and improve their own organisation at the same time.

3. To raise awareness of poverty so that individuals and businesses in the UK understand better the situation of the world’s poor.

Objectives and Activities

People against Poverty’s objectives as per the Charity’s memorandum and articles of association are:

Relief of poverty deprivation and distress of all people throughout the world with particular reference to third world countries, by providing practical expertise, equipment, tools, machinery, transport, appliances, building and other materials, medical supplies, seeds, fertilizers, water supply and drainage equipment, clothing, shelter, money and other necessities.

To advance the Christian religion in any part of the world.

Through these activities People against Poverty wants to see lives being changed. In the overseas projects, the Charity wants to see individual testimonies of people who through the support from People against Poverty’s project partners, are able to support themselves and their families, who are able to seek employment, have a family, run a home and live life with dignity and hope. Things that are so often taken for granted in the UK.

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

For such other charitable objects as the trustees shall from time to time in their absolute discretion determine.

Charity Name : People against Poverty Charity Number: 1097858 Company Number: 04727350

Registered Office and Operational Address: c/o The Alanbrookes Group Ltd., 10 Market Square, Devizes, Wiltshire, SN10 1HT

Directors and trustees:

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year-end were as follows:

Mr Paul Van Haver (Chair)

Dr Harvey Maylor Mr William Huxley

Mr Stuart Brown

Mr Andrew Fisher

Mr Benjamin Veal (appointed 29.3.2021) Ms Karen Ramirez

Trustee/Charity Secretary : Rhoderline Kyeme (appointed Jan 2022)

Chief Executive Officer : Mrs Valerie Huxley

Bankers: (1) The Cooperative Bank, P.O.Box 250, Skelmersdale, WN8 6WT – and

• (2) CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ (Fundraising)

Independent Examiner: Mr Richard HW Beath BSc FCCA, Ashlar House, 58a Combe Road, Combe Down, Bath BA2 5HZ.

----- Start of picture text -----
V Huxley
----- End of picture text -----

----- Start of picture text -----
S Brown
----- End of picture text -----

----- Start of picture text -----
P Van Haver
----- End of picture text -----

----- Start of picture text -----
A Fisher W Huxley R. Kyeme
Dr H Maylor K Ramirez B Veal
----- End of picture text -----

Annual accounts l April 2021 to 31 March 2022

Despite a fall in income from 209k last year to 188k this year, the charity remains in a strong financial position. Last year’s income was boosted by the one-off contribution of 21k from the sale of Dubrovat House, and the underlying income position is stable.

Expenditure increased marginally from 164k to 165k.

As a proportion of total income, our charitable activities (resources expended on our projects) amounted to £152k (81%) compared with £153k (74%) last year, last year’s percentage being unusually low due to the strengthening of reserves that took place in that period as a response to the pandemic and other uncertainties.

As a result, total funds at the end of the year increased by £23k to £129k.

The principal funding sources of income were as follows:

Voluntary income was £151k compared to £178k the previous year. Fundraising was £37k compared to £30k. Within this Business against Poverty (BaP)membership revenues improved from 28k to 36k.

BaP membership contributions are 100% unrestricted and the charity is able to distribute funds to project work and to overhead as the need arises.

The costs associated with generating voluntary income were £11k against £9k last year, again due to the Covid-enforced lack of events. Payroll costs fell slightly from 57k to 55k.

Investment powers and policy

The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in a Co-op Bank deposit account to obtain some interest.

These sustain its charitable activities and allow the charity to continue to operate. To protect the charity from the risk of income fluctuations and to avoid closure if funding difficulties were to happen the trustees had previously agreed to keep a certain level of financial reserves to ensure that operations can continue for a period of at least two months, although higher levels of reserves are now being retained due to the uncertain world situation.

Expenditure is reviewed regularly and the level of financial reserves is monitored to ensure it covers staff salaries, National Insurance, pensions, rent and basic office running costs.

The main concerns of the trustees are to ensure:

That staff can continue working – primarily to secure new funding, and in addition to continue operations at a minimal level.

The reserves should be built from the unrestricted income.

The reserves policy will be reviewed annually and whenever there are significant changes in staff hours or numbers or changes in the overhead base.

Within the restricted funds of £83,949 (2021: £53,171) there are certain designated funds amounting to £70,793 (2021: £46,948) which are unrestricted funds which the trustees have decided at their discretion to set aside for a specific purpose. These are combined with the restricted funds for yearend reporting purposes. In principle, an element of central overheads, fundraising costs and salaries would usually be charged to these funds in order to maintain a suitable level of unrestricted funds, but the strength of our reserves enabled a transfer of £14,432 from unrestricted funds to restricted funds in the year (2021 - £2,724).

Unrestricted funds at the end of this year were £44,969 (2021: £52,218) which equates to over 8 months salary and overhead costs.

Reserves policy and going concern

Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency costs.

The charity is currently dependent upon the following sources of income:

• Voluntary donations

• Fundraising

• Child sponsorship • Educational trips • Business against Poverty donations and events.

Andrew Fisher FCA: Finance Trustee

Signed: Paul Van Haver - Chair of Trustees

People against Poverty Year Ended 31st March 2022 Statement of Financial Activities

The Statement of Financial Activities includes all gains and losses in the year. All incoming resources and expenditure derive from continuing activities.

Directors’ statements required by Section 475 for the period ended 31st March 2021.

In approving these financial statements as Directors of the Company,
we hereby confirm:
(a) that for the period stated above, the Company was entitled to the
exemption conferred by Section 477 of the Companies Act 2006;
(b) that no notice has been deposited at the registered office of the Company
pursuant to Section 476 requesting that an audit be conducted for the period
ended 31st March 2018; and
(c) that we acknowledge our responsibilities for:
ensuring that the Company keeps accounting records which comply with 1.
Section 386, and
preparing financial statements which give a true and fair view of the state 2.
of affairs of the Company as at the end of the financial period and of its
profit and loss for the period then ended in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with
the provisions of the Companies Act 2006 relating to the financial
statements, so far as applicable to the charitable company.
These financial statements are prepared in accordance with the
special provisions of Part 15 of the Companies Act 2006 relating to
small companies and in accordance with Financial Reporting
Standard 102 1A. They constitute the annual accounts required by
the Companies Act 2006 and are for circulation to members of the
company.
The notes on pages 32 to 40 form part of these accounts.

These financial statements were approved by the board of directors on 25 November 2021 and signed on behalf of the board by Signed: Paul Van Haver, Chair of trustees, on behalf of the trustees

People against Poverty – Year Ended 31st March 2022

Notes forming part of the Financial Statements

Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows. The accounting policies have been applied consistently throughout the year and in the preceding year.

Incoming resources are all reported gross and the Statement of Financial Activities recognises all incoming resources becoming available to the Charity during the year. The value of services provided by volunteers has not been included in the financial statements.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Stand 102 section 1A and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The accounts have been prepared on a going concern basis.

Income recognition

Incoming resources are included in the Statement of Financial Activities when the Charity becomes entitled to the resources, any performance conditions attached to the item(s) of income have been met or are fully within the control of the charity, the trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability.

Donated services and facilities are included at the value to the Charity where this can be quantified. They are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity that is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Incoming resources from charitable activities are accounted for when earned. Interest on funds held on deposit Is included when receivable and the amount can be measured reliably by the charity.

Legacy income is accounted for on a receivable basis. Receipt of a legacy, in whole or part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, and then the legacy is treated as a contingent asset and disclosed if material.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Interest earned on restricted income is not applied to the restricted fund unless specifically requested by the donor. Such interest will be treated as unrestricted income.

Resources expended

Grants receivable are normally accounted for when received, except where they relate to a specified future period, in which case they are treated as deferred income. Grants where entitlement is not conditional on the delivery of a specific performance by the Charity are recognised when the Charity becomes unconditionally entitled to the grant.

Expenditure is recognised as soon as there is a legal or constructive obligation committing the Charity to pay out resources, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Resources expended are shown gross and accruals are included in creditors for all known liabilities relating to the year.

Fund accounting

Restricted funds are funds subject to specific conditions imposed by the funders and relate to specific projects. Expenditure that meets these criteria is charged to the funds.

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Unrestricted funds comprise accumulated surpluses and deficits on general funds and are available for use at the discretion of the trustees in furtherance of the object of the charitable company.

Cost of generating funds costs relate to the costs incurred by the charitable company in inducing others to make voluntary contributions to it and the costs for fund raising.

Governance costs of the charitable company comprise of costs of the management of its assets and compliance with constitutional and statutory requirements and include fees and costs linked to the strategic management of the Charity.

Fixed assets

Depreciation is provided on all tangible fixed assets bought in the UK costing more than £100 at rates calculated to write off the cost of each asset over its expected useful life to its residual value.

The depreciation rates in use are as follows:

Motor Vehicle 10% reducing balance Computer Equipment 33% straight line Fixtures and fittings 25% reducing balance Office equipment 25% reducing balance

Debtors

Prepayments are valued at the amount prepaid. Gift Aid due is valued at that amount received after the year-end, which relates to donations received before the year-end

Cash at bank and in hand

Cash at bank and cash in hand includes cash and monies on deposit.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Notes forming part of the Financial Statements Note Unrestricted Fund5 Restricted Fund5 315t March 2022 315t Iv1arch 2021 I Voluntsry Income Donation5 23,419 14,326 96,998 120,418 14,326 16,734 151,477 151,823 18,071 8,098 177,99,2 GiftAid Grants Total 16,734 113,732 37,745 2 Activities for Generating Funds O Unrestricted Funds Restricted Funds 31st March 2022 31st141larch 2021 Bap 35,410 35,410 28,039 10 BaP Events Gift Cards Otherfundraising Events Total 2S4 264 186 799 2,598 30,834 36,953 36,953 Unrestricted Fund5 Restricted Fund5 315t March 2022 315t March 2021 3 Investment In£otne Interest on Deposit Alc Tc>tal 176 176 4 Incoming re50u£e5 fiotn Chaiitable artivitie5- Not pie5ent thi5 year

Notes forming part of the Financial Statements (continued)

Notes forming part of the Financial Statements (continued)

Notes forming part of the Financial Statements (continued)

Notes forming part of the Financial Statements (continued)

Notes forming part of the Financial Statements (continued)

Independent Examiner’s Report to People against Poverty for financial year 2021-22

This report on the financial statements of People against Poverty for the year ended 31st March 2022, which are set out on these pages, is in respect of an examination carried out in accordance with the Charities Act 2011 (“the Act”)

Respective responsibilities of the Trustees and the examiner

As trustees of the People against Poverty Charity, you are responsible for the preparation of the financial statements. You consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an Independent Examination is needed. It is my responsibility to

• examine the accounts under section 145 of the Act,

• to follow the procedures laid down in the general Directions given by the Charities Commission (under section 145 (5)(b) of the Act),

• to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general Directions given by the Charities Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those 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 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:

Which gives me reasonable cause to believe that in any material respect the requirements

• 1 . to keep accounting records in accordance with section 130 of the Act; and

• to prepare accounts, which accord with the accounting records and comply with the requirements of the Act have not been met: or

• To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

In my opinion

The financial statements are in agreement with the accounting records kept by the charitable company under section 386 of the Companies Act 2006

Having regard only to and on the basis of the information contained in those accounting records, the financial statements have been drawn up in a manner consistent with the accounting

requirements specified in Section 396 of the Companies Act 2006 and the charitable company satisfied the conditions for exemption from an audit of the financial statements for the year specified in the Companies Act 2006 and did not, at any time within that year, fall within any of the categories of companies not entitled to the exemption.

Richard HW Beath BSc FCCA

Ashlar House 58a Combe Road, Combe Down Bath BA2 5HZ

Registered Office: People against Poverty c/o The Alanbrookes Group Ltd 10 Market Square, Devizes SN10 1HT

Tel: [phone] www.peopleagainstpoverty.com