Teacher Aid Trustees’ Annual Report and accounts for period 1stJanuary 2024 to 31st December 2024 (Charity no.1103660)
Fundraising events
£118,889.40 was raised throughout the year. Funds were raised from our annual sponsored walk, three churches, private organisations on line donations as well as a number of individual donations from supporters and online donations. Our main is not one event; it is continuous, month on month.
The school we are supporting, Nsobe Community School, relies on Teacher Aid to pay a salary to the teachers, buy food, books, uniform material as well as provide bursary funding for the school’s graduate students. The monthly donations in 2024 form our regular supporters averaged £3,500.00. It is a continuous fundraising programme which is the backbone of the school.
The Gower Yomp 2024 supporters group!
The Gower Yomp 2024 was for raising funds for the Nsobe School further food support, because there has been a drought throughout Zambia as well as in the surrounding countries, with crops failing. Food prices are escalating to a level that becomes unaffordable not only for the school but for the surrounding communities.
2024 was the 4th graduation for 12 Grade students. 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. Teacher Aid through the Nsobe School administration will provide bursary funding for those students that will not sponsored by the government and with no means to provide their cost of their education.
We have not visited the school as usual at the end of October due to Mike Papadacos illness that prevents him to no longer travel.
Expenditure
Full details of the expenditure in the year £72,072.90 are in the accounts which are available to all. Nsobe Community School, received £67,868,76. The remainder was spent on Bursary support and general internal costs. Details are included in the annual accounts.
Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~a~~ Report to the Charity Name trustees/directors/ TEACHER AID members of ~~ee~~ On accounts for the 31 December 2024 year ended Charity no.: 1103660 Company no.: ~~es~~
Set out on pages 1 ATTACHED (remember to include the page numbers of additional sheets) ~~oo~~ I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 12 / 2024 .
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
IER
1
I have no concerns 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 the words in the brackets if they do not apply.
Signed: Date: 25/10/2024 ~~| PS end ||~~ Name: STUART HARRIS ~~pO~~ Relevant professional COMPANY DIRECTOR FOR ARAD CONSULTING LTD qualification(s) or body (if any): Address: 5 HILLARY CLOSE LLANISHEN CARDIFF CF14 5AU
Section B Disclosure . NONE
October 2018
IER
2
- Finances Annual accounts for year 2024
Teacher Aid - Charity no 1103660 Accounts 1 Jan 2024 - 31 Dec 2024
| Income | £118,889.40 |
|---|---|
| [To TA savings account (20-18-17 33189546) ] £40,000 | [To TA savings account (20-18-17 33189546) ] £40,000 |
| Expenditure | £72,072.79 |
| Income | |
| Nsobe Community School Support Fund | £56,664.00 |
| WCVA library balance | £3,000.00 |
| Charitable donations | £17,450.98 |
| Gower Yomp £5,848.28 |
£5,848.28 |
| Online donations | £6,492.09 |
| Gift Aid claims | £15,167.83 |
| Food support £6,000.00 | Food support £6,000.00 |
| Howell’s School | £8,266.22 |
| Total Raised in year = | £118,889.40 |
| Expenditure | |
| Nsobe Community School | £67,868.76 |
| Students UNI | £2,522.06 |
| Printing | £125.81 |
| Stamps and Postage | £133.09 |
| Suporter refund | £908.07 |
| Media support £415.00 | Media support £415.00 |
| Frenchay Cricket donation £100.00 | Frenchay Cricket donation £100.00 |
| To TA savings account (20-18-17 33189546) £40,000.00 | To TA savings account (20-18-17 33189546) £40,000.00 |
| Total paid out in year = | £112,072.79 |
| Bank Balance 01/01/2024 | £52,595.74 |
| Bank Balance 31/012/2024 | £59,412.35 |
| {TA sevings account (20-18-17 33189546)} | £40,000.00 |
| £99,412.35 |