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2023-03-31-accounts

1111 I I•Ar Annual Report 2022-23 people povecty We change lives together

Contents

ontents
Who we are 3 Annual Accounts 27
Where we work 4 Financial Report 28
Our Life-Changing Programmes 5 Statement of Financial Accounts 29
Life Essentials 6 Balance Sheet 30
Building Skills 8 Directors’ Statements 31
Sustaining Life 10 Notes forming part of the Financial Statements 32
Crisis Support 12 Independent Examiner’s Report 40
Our Project Leaders and teams 14 Lives Changed 41
Chair’s Report 15 Looking Ahead 42
Lives Changed 16 With grateful thanks to all our supporters 43
Our Impact 2022-23 17
Structure, Governance and Management 22
Lives Changed 26

2

Who we are

People Against Poverty is more than a charity. We are a #movementforchange, a global community of like-minded individuals, organisations and businesses that share a passion to alleviate poverty and suffering around the world.

We fund projects that enable selfsufficiency, supporting people to find their pathway out of poverty, creating lasting impact for individuals and communities.

People Against Poverty stands for:

Poverty alleviation Dignity Employment creation Local partnerships Community Sustainability Resource delivery Empowerment

3

Where we work

This year we have been funding projects in Haiti, India, Malawi, Tanzania, Nepal, Romania and the UK.

4

Our Life-changing Programmes Life Essentials • Building Skills Sustaining Life Crisis Support

Supporting children and families to have the basic essentials of life – food, water, and clothing. Without these in place, it is impossible to take the next step out of poverty – building skills.

6

Life Essentials Projects

Child Sponsorship Haiti, Tanzania, Malawi, Nepal, India, Romania

Family Partnership and Community Programme Romania Dignity (white goods) and Fresh Veg UK

7

Supporting children to get a good education, and adults to learn a vocational skill that will help them to provide for themselves, their families, and in some cases, their wider community.

8

Building Skills Projects

Investing in education Tailoring courses and higher education Malawi

9

Supporting people to take the next step,

either moving into employment, starting up their own business; or funding infrastructure for self-sustaining communities.

10

Sustaining Life Projects

Tailoring Businesses Malawi

Borehole Wells India Micro Farm Romania

11

Supporting our partners and the communities they serve in times of crisis or emergency such as natural disasters, extreme weather or violence.

12

Crisis Support Projects

Support provided in:

Haiti Romania for Ukrainian refugees

13

Our Project Leaders and teams

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ROMANIA
Valentine Petronella Carmelia Vasilie
Family Partnership, Iasi Family Partnership, Ursita
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Costel Tatiana Atilla Adele
Child Sponsorship Programme; Child Sponsorship Programme;
Micro Farm, Negresti Social Programme, Reghin
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----- Start of picture text -----
HAITI NEPAL
Adrian Gertrude Sheri
Community Child Sponsorship Programme
----- End of picture text -----

----- Start of picture text -----
Krishna Sita
----- End of picture text -----

----- Start of picture text -----
Webster
----- End of picture text -----

Community Programme

Child Sponsorship Programme

Child Sponsorship Programme; Tailoring Courses and Businesses

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INDIA
----- End of picture text -----

----- Start of picture text -----
UK
----- End of picture text -----

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

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Prasant Grace
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Jill
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Ben
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Katy
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Dignity, Fresh Veg

Child Sponsorship Programme; Borehole Wells

Child Sponsorship Programme; Higher Education

14

Chair’s Report

And so, in April 2022 the sun rose on another year for People against Poverty and its broad community of supporters. What would it be like post-covid, how had our communities around the world been affected? How would we evolve our programmes now and what had changed?

Well, now being at the end of this financial year I can see it has been challenging but impactful. Easier access to those that really need it and starting to restore connections and relationships across our diverse communities across the globe. Then as war broke out as Russia invaded Ukraine, millions of people in the region were displaced, and there was a major impact economically in many parts of the world.

We are glad to say that despite the challenges our work in general has been doing very well. We put out a Ukraine Appeal and many of you responded. As a result we managed to support 100s of refugees escaping Ukraine and finding safe shelter at our Way of Joy partner in Romania as they opened their doors and arms to those who needed shelter, food and some rest. Many of them then moved on into Europe to find a more permanent peaceful place.

Elsewhere in the world we supported 10 graduates who went through our tailoring course in Malawi to be able to start up their own business. A major step towards increased recognition by their communities and a major step towards independence. As one of the graduates said, ‘You have given us gold for our future.’

There is so much more to say about what we have achieved this year, but I leave you to read this annual report and see for yourself!

Internally we have also been through quite a few changes as Val Huxley, our CEO and founder of PaP decided to step away from her role. Val has developed the charity over the last 18 years, building a strong foundation for the future and I am very grateful for her energy, empathy and drive in establishing what is now there. So many people and hearts have been touched and so many helped to get back on their feet towards a more positive future. On behalf of all these individuals, I’d like to sincerely thank Val for all she has done over the years. Dedication, hard work and passion! I am so pleased you are staying on as a volunteer ambassador for the charity. Thank you, Val!

And so, we are now onto a new chapter as Belinda Wadsworth has taken over the baton from Val and in her first year as CEO she certainly has made an impact. As Trustees we are very grateful to God in sending her our way. With a refreshed strategy, an infusion of new ideas and leadership, I certainly see a bright future ahead for our modest but impactful charity.

Lastly, I would like to thank you all for your continued support, as a business and/or as individuals. Your help and dedication makes all the difference in the lives of the people we support. You put a smile on their faces and make a way where for some there seemed to be no way. And with that I look forward to the new year ahead with no doubt increased impact under our new leadership.

Onwards and upwards as there is always more to do!

Paul Van Haver, Chair of Trustees

15

Training tailors in Malawi and supporting them to start up their own business ‘The training support from PaP has built long lasting skills in me which will help me for life. I am now able to find money on my own and meet my needs without depending on my relatives. I am very grateful for this support. I will continue working hard in this business so that I expand it and maybe in future I can have a chance to help others.’

16

Our Impact in 2022-23

In 2022-23 we supported

1341 individuals 282 families 825 children (127 sponsored)

18

In 2022-23 we provided

125 children with an education

19

In 2022-23 we funded

----- Start of picture text -----
4 borehole wells giving 200 individuals in
remote villages access to fresh water
2888 packs of fresh veg for people in need
44 white goods for people in crisis
----- End of picture text -----

20

In 2022-23 we helped

109 individuals with legal aid

21

Structure, Governance and Management

Governing Document

processes, the budget and recent financial statements. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

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 in this financial year there were ten members, each of whom agrees to contribute £1 in the event of the charity winding up.

Organisation

The Board of Trustees governs 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 including up to date financial information.

The Chief Executive Officer (appointed by the Trustees) undertakes the daily running of the charity together with a team of staff, service providers 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.

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 where possible Trustees will visit one of our international projects. Trustee vacancies are advertised externally.

Trustee Induction and Training

Related Parties and co-operation with other Organisations

New Trustees are invited to attend Trustee induction and training sessions with existing Trustees, the CEO and other key members of staff as appropriate to learn more about the charity and its programmes and 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

None of our Trustees receives remuneration or other benefit from their work with the charity. Any connection between a Trustee or 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 financial year 2022-23, no such related party transactions were reported.

22

Structure, Governance and Management

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:

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 16 & 17 to the accounts.

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

Risk Management

The Trustees have a risk management strategy, which comprises:

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 review 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 funds – and the establishment of a reserves policy.

23

Structure, Governance and Management

The Trustees are responsible for the maintenance and integrity of the corporate and financial information of the charity.

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:

The staff and Trustees of the charity continue to be motivated by the words of Isaiah 58 verse 7:

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

Under its 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

Objects and Activities

  1. to partner with UK businesses in the fight against poverty

People against Poverty’s objects as per the Charity’s Memorandum and Articles of Association are:

  1. to raise awareness of poverty so that people in the UK are better able to understand the situation of the world’s poor

• 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

In delivering our objectives for the year and planning our activities, the Trustees have had due regard to the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

24

Structure, Governance and Management

Trustees in 2022-23

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 serving during the year 2022-23 were as follows:

Paul Van Haver

Andrew Fisher Rhoderline Kyeme Chair Treasurer Company Secretary

Mr Paul Van Haver (Chair) Rhoderline Kyeme (Company Secretary) Mr Andrew Fisher (Treasurer) Dr Harvey Maylor Mr William Huxley Mr Benjamin Veal Ms Karen Ramirez Mr Stuart Brown

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)

Dr Harvey Maylor

William Huxley Benjamin Veal

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

Karen Ramirez Stuart Brown

CEO April-October 2022

CEO October 2022-March 2023

25

Supporting people with the essentials of life, and preventing them falling into debt

‘A mum came into the foodbank crying and very anxious. She shared with a team member that she hadn’t been able to send her two girls to school as the washing machine had broken and she couldn’t afford to fix it, and the wet school uniform was stuck inside. We did the referral to the Dignity Project and she only had to wait 48 hours for the washing machine to be delivered and installed. The delivery guys went the extra mile and got her washing out and took the old machine away as well. She said that she was overwhelmed by the support she received.’

We funded essential white goods (cookers, fridges, washing machines) for people in financial difficulties.

We funded fresh fruit and veg so families accessing foodbanks could eat healthily.

26

Annual Accounts

Financial period 1 April 2022 to 31 March 2023

27

Financial Report

Against an unfavourable economic background and a cost of living crisis, a fall in income from 188k to 166k was not unexpected, especially given that 2022’s income benefitted from grants amounting to 17k, there being none this year, and the charity remained in a strong financial position at the year end. Expenditure increased from 165k to 176k and we were able to marginally increase the expenditure on our projects from 152k to 153k by utilizing some of our cash reserves which stood at 117k at the year end vs 130k last year.

As a proportion of total income, our charitable activities (resources expended on our projects) amounted to 92% compared with 81% last year. This expenditure includes payroll costs, which fell from 54k to 45K. Costs of generating voluntary income rose from 11k to 21k due to the return to a full programme of Business against Poverty events – including the return of the annual gala ball – within a lockdown-free year. Total funds at the end of the year were 119k against 129k last year.

The principal funding sources of income were as follows:

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.

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, Business against Poverty donations and events.

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:

Within the restricted funds of 73k (2022: 84k) there are certain designated funds amounting to 53k (2022: 71k) 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 year-end 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 unrestricted funds enabled a transfer of 27k from unrestricted funds to support restricted funds in the year (2022 – 15k).

Andrew Fisher FCA: Treasurer

Paul Van Haver: Chair of Trustees

28






Statement of Financial Activities - Year


Ending 31st March 2023


Ending 31st March 2023



Balance at Balance at
Notes Unrestricted Restricted 31st March 31st March
Incoming resources £ £ £ £
Incoming resources from generated funds
Voluntary income 1
48,521
72,643
121,164
151,477
Actvites for generatng funds 2
44,646
-
44,646
36,953
Investment income 3
418
-
418
-
Total incoming resources 93,585
72,643
166,228
188,430
Resources expended
Cost of generatng funds
Cost of generatng voluntary income 5
20,956
0
20,956
10,963
Charitable actvites 6
45,399
107,805
153,204
151,792
Governance costs 7
1,748
-
1,748
2,740
Total resources expended 68,103
107,805
175,908
165,495
Net income surplus/(defcit) for the year before transfers 25,482
(35,162)
(9,680)
22,935
Transfers
Gross transfers between funds (24,357) 24,357
Net incoming resources for the year before other
recognised gains and losses 1,125
(10,805)
(9,680)
22,935
Gains/(losses) on revaluaton of fxed asset for the
charity's own use -
-
-
-
Net movement in funds 1,125
(10,805)
(9,680)
22,935
Reconciliaton of funds
Total funds brought forward 44,569
83,949
128,519
105,583
Total funds carried forward 45,694
73,144
118,839
128,519

29

Balance Sheet - Year Ending 31st March 2023

Notes Balance at 31st
March 2023
Balance at
31st March
2022
Fixed Assets £
£
Tangible assets
8		 600
311
Current assets
Debtors
9		 949
1,779
Cash at bank and
in hand
10		 117,754
129,702
Total current assets 118,703
131,481
Liabilites

Creditors due
within one year
11		 465
3,274
Net current assets 118,238
128,208

Total net assets 118,838
128,519
Represented by Unrestricted Funds
General purpose
fund		 45,694
44,569
Restricted Fund
12		 73,144
83,949
Total Funds 118,838
128,519

30

Directors’ statements required by Section 475 for the period ended 31st March 2023

In approving these financial statements as Directors of the Company, we hereby confirm:

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 39 form part of these accounts.

These financial statements were approved by the Board of Directors on 2 November 2023 and signed on behalf of the Board by:

  1. preparing financial statements which give a true and fair view of the state 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.

Paul Van Haver, Chair of Trustees On behalf of the Trustees

31

Notes forming part of the Financial Statements

Accounting Policies

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.

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.

Basis of Preparation

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.

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.

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.

32

Notes forming part of the Financial Statements

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.

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.

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.

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.

Resources Expended

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.

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

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.

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.

33

Notes forming part of the Financial Statements

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:

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.

34

Notes forming part of the Financial Statements

Note Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
1
Voluntary Income		 £
£
£
£
Donatons 33,172
72,643
105,815
120,418
Gif Aid 15,349
-
15,349
14,326
Grants -
-
-
16,734
Total 48,521
72,643
121,164
151,478
2
Actvites for
Generatng Funds		 Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
£
£
£
£
BaP subscriptons 28,847
-
28,847
35,410
BaP events 15,799
-
15,799
480
Gif cards -
-
-
264
Other fundraising
events		 -
-
-
799
Total 44,646
-
44,646
36,953
Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
3
Investment Income		 £
£
£
£
Interest on bank
deposits
418
-
418
-
Total 418
-
418
-

35

4
Costs of generatng Voluntary Income		 Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
£
£
£
£
BaP events 5,521
-
5,521
-
Other fundraising events -
-
-
3,902
Marketng costs 120
-
120
2,064

Freelance services		 12,044
-
12,044
1,230
Ofce and admin costs 1,991
-
1,991
3,311
Networking 1,280
-
1,280
456
Total 20,956
0
20,956
10,963
5
Charitable Actvites		 Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
£
£
£
£
Child Sponsorship -
29,919
29,919
31,583
Family Partnership -
13,127
13,127
13,370
Way of Joy Romania -
39,867
39,867
29,985
Reghin Romania -
2,969
2,969
1,084
Nepal Projects -
1,071
1,071
1,000
Tanzania Projects -
-
532
Hait Projects -
356
356
65

India Projects		 -
1,651
1,651
1,650
Malawi Projects -
7,757
7,757
10,250
Projects Appeals -
1,460
1,460
-
Trips to Projects -
605
605
-
Dignity -
9,023
9,023
8,067
Staf Costs 45,399
-
45,399
54,206

Total		 45,399
107,805
153,204
151,792
6
Governance Costs		 Unrestricted Funds
Restricted Funds
31st March 2023
31st March 2022
£
£
£
£
Audit fee 100
-
100
152
Banking costs 1,648
-
1,648
2,588
Total 1,748
-
1,748
2,740
6
Governance Costs		 Unrestricted Funds Restricted Funds 31st March 2023 31st March 2022
£ £ £ £
Audit fee 100 - 100 152
Banking costs 1,648 - 1,648 2,588
Total 1,748 - 1,748 2,740

36

7
Tangible Fixed Assets		 Computers Fixtures & Fitngs Total
£ £ £
Cost at 1st April 2022 6,164
1,900
8,064
Additons 600
-
600
Disposals (6,164) (1,900) (8,064)
At 31st March 2023 600
-
600
Depreciaton at 1st April 2022 6,163
1,590
7,753
Charge this year -
-
-
Eliminated on disposal (6,163) (1,590) (7,753)
At 31st March 2023 -
-
-
NBV at 31st March 2023 600
-
600
NBV at 31st March 2022 1
310
311
8
Debtors		 31st March 2023 31st March 2022
£ £
Gif Aid debtor 617
1,779
Sundry debtors 17
-
Accrued income 315
-
Total 949
1,779
9
Cash at Bank and in Hand		 31st March 2023 31st March 2022
£ £
Co-op bank 117,606
129,702
CAF bank 148
Total 117,754
129,702

37

10
Creditors falling due within one year		 31st March 2023
31st March 2022
£
£
Tax and Social Security 365
897
Audit fee and other accrual 100
2,377
Total 465
3,274
11
Restricted Fund		 Balance at
31.03.2022		 Incoming resources
Outgoing
resources
Transfers
between funds
Balance at
31.03.2023
£ £
£
£
£
Child/Family Partnership 17,062
45,163
(43,046)
(1,925)
17,254
Hait -
429
(356)
-
73

Nepal		 2,931
1,725
(1,071)
559
4,144
Tanzania 100
20
-
-
120
Trips -
(605)
1,500
895
Romania 16,359
8,489
(42,836)
31,754
13,766
India 3,716
400
(1,651)
1,201
3,666
Malawi Projects 270
3,300
(7,757)
4,009
-178
Dignity 9,054
2,735
(9,023)
6,288
9,054
Appeals 13,818
10,382
(1,460)
(19,029)
3,711
Dobrovat 20,639
-
-
-
20,639
Total 83,949
72,643
(107,805)
24,357
73,144
12
Analysis of Net Assets between Funds		 Unrestricted Funds
Restricted Funds
31st March 2023
£
£
£
Tangible Fixed Assets 600
-
600
Current Assets 45,559
73,144
118,703
Current Liabilites (465)
-
(465)
Net assets at 31st March 2023 45,694
73,144
118,838

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13 Fees for the examination of the Accounts

31st March 2023 31st March 2022 100 100

14
Staf Costs		 31st March 2023
31st March 2022
£
£
Salaries 44,241
54,206
Social Security Costs -
-
Pension Costs 902
1,079
Total 45,143
55,285
15 The average number of Employees in the year 31st March 2023
31st March 2022
Fundraising 0
0
Charitable actvites 2
2
16
Trustee Expenses
31st March 2023
31st March 2022
Number of Trustees who were paid expenses 0
0
17
Trustees remuneraton and Related Party transactons
No trustees received any remuneraton or benefts during the year or the preceding year.
No trustee or any person related to the charity had any personal interest in any transactons entered into by the charity
during the year or the preceding year
18
Taxaton - no tax charges have arisen for the charity during the year or the preceding year.
19
The charity is a company limited by guarantee and has no share capital
The liability in respect of the guarantee is limited to £1 per member.

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Independent Examiner’s Report

Independent Examiner’s statement

This report on the financial statements of People against Poverty for the year ended 31st March 2023, which are set out on these pages, is in respect of an examination carried out in accordance with the Charities Act 2011 (“the Act”).

In connection with my examination, no matter has come to my attention:

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

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

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 

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

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

  2. examine the accounts under section 145 of the Act,

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

In my opinion

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

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

Basis of Independent Examiner’s Statement

  1. 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.

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.

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

Richard HW Beath BSc FCCA

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Funding infrastructure that creates selfsustaining communities

‘God bless you for helping us with the photovoltaic panels. Due to our own electricity generation, this year we managed to use the egg incubator twice. There is life on the farm, we thank God but also you who helped us get here… without you we would have been the poor of Romania along with many others.’

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Looking Ahead

At People against Poverty we are passionate about helping people find their pathway out of poverty. With ever increasing challenges at home and abroad, we see how much more we can do, and looking ahead, are motivated and determined to increase our efforts yet further.

Building on our strong foundations of the last 20 years, we now have an exciting new strategy for growth in place, to further develop the charity and see more lives changed.

Over the next five years, we are looking to grow our reach, to expand the range of projects we fund working in partnership with others, and help more people in the UK and around the globe, continually increasing the impact of the work we do.

To achieve this, we will need to grow our income – challenging in the current climate – but we know there are many more who share our vision to alleviate poverty by enabling self-sustainability, and we are confident that, as we share our stories of lives being changed to a wider audience across the UK, more individuals and businesses will join our #movementforchange so we can change lives together.

As we look to grow, we are, as ever, incredibly grateful to our committed, faithful group of supporters – individuals, businesses, trusts and churches – many of whom have been supporting our work since the beginning. Your generosity has changed so many lives already and we are delighted that you are continuing the journey with us as we seek to help many more.

And to our project leaders, some of whom have found their own way out of poverty and are now giving back, who are working tirelessly to support their communities, combatting day to day challenges to bring hope and a brighter sustainable future to those struggling with poverty – we are so grateful for your work and so glad to partner with you.

To all of you – supporters, project leaders, and those who are looking to join our #movementforchange in the coming months – thank you! We are delighted that you are part of our community and we are excited to work together to see more lives changed in the months and years ahead.

With every blessing

Belinda

Belinda Wadsworth, Chief Executive Officer

42

With grateful thanks to all our supporters

Individual donors (including legacies): £110,352 Business Against Poverty donations: £44,646 Trusts and Foundations: £8,412 Churches: £2,400

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We change lives together

People Against Poverty c/o Alanbrookes Group

10 Market Place

Devizes Wiltshire SN10 1HT

Registered Charity no. 1097858.

A Limited Company, registered in England and Wales, no. 4727350.