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2021-03-31-accounts

REGISTERED CHARITY NUMBER: 1101120

BALA CHILDREN’S CENTRE KENYA

REPORT OF THE TRUSTEES

AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2021

BALA CHILDREN’S CENTRE KENYA

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2021

Page
Report of the Trustees 1 to 3
Independent Examiner’s Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 9
Detailed statement of Financial Activities 10

BALA CHILDREN’S CENTRE KENYA

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] MARCH 2021

The trustees present their report with the financial statements of the charity for the year ended 31[st] March

  1. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number

1101120

Principal Address

Orchard House Bagbury Lane Restrop Purton Wiltshire SN5 4LX

Trustees

Dorian Ferdinando Chairman Maura Ferdinando Paul Hargreaves

Treasurer

Paul Hargreaves

Independent Examiner

Tom Slator

Bankers

The bankers of the charity are Lloyds TSB at Burford, Oxfordshire and CAF Bank at West Maling, Kent.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Trust Deed

The trust deed lays down the objectives of the charity which can be summarised as the furtherance of the Christian religion, the relief of poverty and distress and the advancement of the education of children. Specific mention is made of the support of orphanages and places of refuge for children. These objectives to be pursued in the U.K., elsewhere in the world and particularly in Africa.

Seeking to follow these objectives the trustees have for many years financed the work of Bala Mercy Children’s Centre (The Centre) and which is based in western Kenya, near Homa Bay, and is registered N.G.O. in Kenya.

1

BALA CHILDREN’S CENTRE KENYA

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] MARCH 2021

ACHIEVEMENT AND PERFORMANCE

As with the rest of the world, the year April 2020-March 2021 was the most challenging ever with Covid playing a significant role in both what happened on the ground in Kenya and also our ability to raise funds. There remained an average of 240 children in the primary school, but all the boarders this year had to move out during the lockdowns to live with local families. Remote education in the minority world we live in was challenging and this was even more the case in the Homa Bay area with few children having good access to the internet. However, as in the past the students achieved good exam results compared to the other local. As previously reported the secondary school is in “wind down” mode due to the primary school no longer acting as a feeder for it as children are “poached” by other schools in the area. The wind-down should be complete by the end of 2021.

As usual all the funds donated and raised this year have gone towards the monthly running costs of the school and orphanage. In addition we managed to raise enough for a further classroom for the primary school towards the end of this financial year. Due to Covid fund-raising events have proved challenging to organise but we ran a successful annual garden fete which raised over £7,000. Letters have also continued to be written to several trusts and £3,000 have come in due to this type of fund-raising.

Due to Covid and for the second-year running there were no visits were made to the centre by a trustee; we hope to visit next year. As always, all running and admin costs for the charity have been borne by the Trustees and Management committee, no expenses are claimed by Trustees or the Management Committee, so 100% of all monies raised go to the Bala Kenyan charity.

FINANCIAL REVIEW

The total incoming resources for the year amounted to £53,898 (2020 - £68,428), which included interest received of £0 (2020 - £0). Expenditure in the year amounted to £59,296 (2020 - £65,774). This brought the deficit for the year to £5,398 (2020 Surplus - £2,654).

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standards 102 “The Financial Reporting standard applicable in the United Kingdom and the Republic of Ireland”.

The law applicable to charities in England and Wales, The Charities Act 2011, Charity (Accounts and Reports) regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

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BALA CHILDREN'S CENTRE KENYA REPORTOF THE TRUSTEES ST FOR THE YEAR ENDED 31 MARCH 2021 Observe the methods and principles in the Charity SORP; Make judgements and estimates that are reasonable and prudent,. Prepare the financial statements on a going concern basts unless it Is inappropriate to presume that the charity will continue in business. The tru5tee5 are responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financlal Statements comply with the Charities Act 2011. the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preventign and detection of fraud and other irregularities. Ig-12-21 Approved by order of the board of trustees on . and signed on its behalf by.. Dorian Ferdinando Chairman

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BALA CHILDREN'S CENTRE KENYA I report on the accounts for the yeaf ended 31 March 2021 set out on pages 5 to 9. Respectlve rÈsponSlbll￿leS of trustees and examlner The tharity's tnjstees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144121 of the Charrties Act 2011 Ithe 2011 Art)) and that an indeperndent examination is required. It is my responsibility to.. examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Direttions given by the Charity Commission (under Section 14515llbl of the 2011 Actl,. and to state whether particular matters have come to my attention. Basis of the independent examlnerfs report My examination was carried out in accordan￿ with the General Directions given by the Charity Commission. An examination includes 3 review of the accountin6 retords kept by the charity and a tomparison of the accounts presented with those record5. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation5 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 a5 to whether the accounts present a true and fair Vie￿ and the report is limited to those matter5 set out in the statements below. Independent examinerfs statement In connection with my examination, no matter has come to my attention- 111 whith gives me reasonable cause to believe that, in any material respect, the requirernents to keep accounting retords in accordance with Section 130 of the 2011 Act,. and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been rnet. or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed............ Tom Slator Macallum Slator Chartered Accountants, Queen Anne House, 66 Cricklade St, Cirencester, Gloucestershire, GL7 IJN Date.. 16

BALA CHILDREN’S CENTRE KENYA

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31[ST] MARCH 2021

Notes
INCOMING RESOURCES
Incoming
resources
from
generated funds
Voluntary income
Activities for generating funds
2
Investment income
3
Total incoming resources
RESOURCES EXPENDED
Costs of generating funds
Cost of just Giving facility
Fundraising consultancy
Printing, Stationery & Postage
Charitable activities
Grants to Bala Mercy children’s
Centre
Farm
Medical
Finance
Bank charges
Governance costs
Travel & Subsistence
Sundry Expenses
Accountancy
Total resources expended
NET
INCOMING/
(OUTGOING)
RESOURCES BEFORE TRANSFERS
Gross transfers between funds
Net incoming/ (outgoing) resources
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
46,678
7,220
-
53,898
216
254
-
58,204
-
-
487
-
-
135
59,296
(5,398)
-
(5,398)
9,788
4,390		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2021
Total
funds
£
46,678
7,220
-
53,898
216
254
-
58,204
-
-
487
-
-
135
59,296
(5,398)
-
(5,398)
9,788
4,390		 2020
Total
funds
£
65,844
2,584
-
68,428
216
348
-
64,530
-
-
555
-
-
125
65,774
2,654
-
2,654
7,134
9,788

5

BAL4 CHILDREN'S CENTRE KENYA BALANCE SHEET AT 31" MARCH 2021 2021 Total funds 2020 Total funds Unrestricted funds Restrlcted funds Notes Debtors Cash at bank 3,045 1,595 3,045 1,595 5,933 4,105 4,640 10,038 CREDITOR&. Amounts falling due within one year (2501 12501 12501 NET CURRENT ASSETS 4,390 4,390 9,788 TOTAL ASSET5 LESS CURRENT iIABIUTIES 4,390 4,390 9,788 NET ASSETS 4,390 4,390 9,788 FUNDS Unre5trfrtedfvn(ts 4.390 9,788 Re5trlrtedfunds.' TOTAL FUNDS 4,390 9,788 The financlal ststements were approved by the Board of Trustees on ............................. and were signed on its behalf by: R.Dorian Ferdinando-Trustee Paul Nargreaves- Trustee

BALA CHILDREN’S CENTRE KENYA

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2021

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. ACTIVITIES FOR GENERATING FUNDS

Events and fundraising 2021
£
7,220
7,220		 2020
£
2,584
2,584

3. INVESTMENT INCOME

Deposit account interest 2021
£
-
-		 2020
£
-
-

7

BALA CHILDREN’S CENTRE KENYA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2021

4. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustee’s remuneration or other benefits for the year ended 31[st] March 2021 nor for the year ended 31[st] March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals
. MOVEMENT IN FUNDS
At 1.4.20
Net
movement
in funds
£
£
Unrestricted funds
General fund
9,788
(5,398)
Restricted funds
-
-
-
-
TOTAL FUNDS
9,788
(5,398)		 2021
£
3,045
3,045
2021
£
250
250
Transfer
between
funds
£
-
-
-
-		 2021
£
3,045







2020
£
5,933
3,045 5,933
2021
£
250		 2020
£
250
250 250
At 31.3.21
£
4,390
-
-
4,390

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7. MOVEMENT IN FUNDS

8

BALA CHILDREN’S CENTRE KENYA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2021

7. MOVEMENT IN FUNDS - continued

Unrestricted funds
General fund
Restricted funds
Farm
English education
Bore Hole Project
Goats
Intel project
Medical
Undergraduates
TOTAL FUNDS		 Incoming
resources
£
53,898
-
-
-
-
-
-
-
-
53,898		 Resources
expended
£
59,296
-
-
-
-
-
-
-
-
59,296		 Movement
in funds
£
(5,398)
-
-
-
-
-
-
-
-
(5,398)

9

BALA CHILDREN’S CENTRE KENYA

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] MARCH 2021

INCOMING RESOURCES
Voluntary income
Donations
Sponsorship
Legacies
Gift aid tax refund
Activities for generating funds
Events and fund raising
Investment income
Deposit account interest
Total incoming resources
RESOURCES EXPENDED
Costs of generating funds
Cost of just Giving facility
Fundraising consultancy
Printing, Stationery & Postage
Charitable activities
Grants to Bala Mercy children’s
Centre
Farm
Medical
Finance
Bank charges
Governance costs
Travel & Subsistence
Sundry Expenses
Accountancy
Total resources expended
Net income/ (expenditure)		 2021
£
22,263
21,370
-
3,045
46,678
7,220
7,220
-
-
53,898
216
254
-
470
58,204
-
-
58,204
487
487
-
-
135
135
59,296
(5,398)		 2020
£
33,661
23,517
-
8,666
65,844
2,584
2,584
-
-
68,428
216
348
-
564
64,530
-
-
64,530
555
555
-
-
125
125
65,774
2,654

10