Teacher Aid Trustees’ Annual Report for period 1st January 2022 to 31st December 2022 (Charity no. 1103660) Summary of Activities throughout the year Fundraising Programme
Fund Raising events
£86,681.00 was raised throughout the year. Funds were raised from our annual sponsored walk, together with the WCVA library funding, three churches, on line donations as well as a number of individual donations from supporters. Our main is not one event; it is continuous, month on month. The school we are supporting, Nsobe Community School, relies on TA to pay a salary to the teachers, buy food, books, uniform material etc. The monthly donations in 2022 averaged £4.200.00. It is a continuous fundraising programme which is the backbone of the school.
The Gower Yomp 2022
We visited the school in our usual month of November. It was a great trip and much was achieved. The building of the secondary school library had been completed.
Mike Papadacos, our treasurer, is a Computer expert and electronics engineer and was pivotal in installing solar energy in 2021 and under his guidance the specifications for the full installation of all electrics and equipment to school’s new workshops. This Year he used his skills to teach a teacher and students how to make benches for the carpentry workshop.
Also, the sewing workshops are in production of school uniforms as well as bags and aprons to be sold to create extra income for the school.
2022 was also the year for the second Grade 12 to be graduated since was the primary school established 13 years ago. The students will have a gap year and will be placed with local organizations to gain basic skills in order to follow their own careers. Hopefully most of these students will be sponsored by the Zambian government for their university studies.
Expenditure
Full details of the expenditure in the year (£60,548.18) are in the accounts which are available to all. Nsobe Community School, received £56,575.67. The remainder was spent on Computers, computer parts for the school, additional volunteer transport and professional funding application
Throughout the year donations and funding came from friends, churches and supporters of Teacher Aid making it another good year for us!
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the Charity Name trustees/directors/ TEACHER AID members of On accounts for the year ended[2022]
Charity no.: 1103660 Company no.:
Set out on pages 1 ATTACHED (remember to include the page numbers of additional sheets)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 12 / 2022 .
Responsibilities and As the charity’s trustees of the Company (who are also the basis of report directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Independent Directions given by the Charity Commission (under section examiner's 145(5)(b) of the 2011 Act. statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- •the accounts have not been prepared in accordance with the Charities SORP (FRS102).
October 2018
1
IER
I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete thé wonls in the brackets if they do not apply. Slgned: Date: 2611012023 Name: STUART HARRIES Rèlevant professional qualrfication{3> or body Ilf any): COMPANY DIRECTOR FOR ARAD CONSULTING LTD Address: 5 HILLARY CLOSE LLANISHEN CARDIFF CF14 SAU Section B Disclosure NONE IER October 2018
Finances - Annual accounts for 2022
Teatcher Aid - Charity no 1103660 Accounts 1 Jan 2022 - 31 Dec 2022
Income £86,681.00 Expenditure £60,548.18 Income Nsobe Community School Support £47,026.00 Fund WCVA Library funding £12,000.00 Gower Yomp £8,985.35 Churches donations £4,068.00 Private Legacy £2,000.00 Donations / other events £4,200.00 Gift Aid claims £8,400.75 Total Raised in year = £86,681.00
| Expenditure | |
|---|---|
| Nsobe Community School | £56,575.67 |
| Volunteer Travel + TCHNG | £1,765.00 |
| Edukit | £540.00 |
| Computers for NCS | £1,146.48 |
| Computer parts | £421.03 |
| Total paid out for year = | £60,648.18 |
| Bank Balance 01/01/2022 | £61,438.15 |
| Bank Balance 31/012/2022 | £87,470.97 |