Trustees’ Annual Report for the period
From 01/01/2023 Period start date To 31/12/2023 Period end date
Charity name: THE ANDREW CLARK TRUST
Charity registration number: 1104134
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The charity’s object is to offer free education, healthcare, and social welfare to relieve poverty, contribute to vocational training, and aid the development of the people of Lintha village, Myanmar |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Providing financial support for poor children to receive state education including material needs for schooling, additional tuition fees, and clothing Providing English language classes from 3 years of age to adulthood, preschool facilities for 3-5 year olds, maths classes for 4 to 10 year olds, computer classes, teacher training, social welfare for children in need, music tuition |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All trustees have regard to this guidance |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | In the face of continuing political issues in Myanmar, the school has managed to develop far beyond its targets although these issues have resulted in serious deprivation in the area. Despite continued difficulties with banking and fund transfer the trust has managed to provide significant expansion to its aid and education programmes |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The trust has enjoyed continued and considerable support via its donor and sponsorship programmes |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A policy of maintaining strong reserves continues to protect our future plans in a politically unstable region |
| Amount of reserves held | Para 1.22 | £197,713 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | NONE |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Via pupil sponsorship and donation |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Election of trustees and re-election of officers at AGM |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Mandatory ICPC check for any prospective trustee |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Andrew Clark Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1104134 |
| Charity’s principal address | Courts Cottage, Acrise, Kent, CT188LJ UK |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Robert Howell | Chair | |||
| Patricia Wilkinson | Administration officer | |||
| Susan Ozturk | ||||
| Sahin Ozturk | ||||
| William Hamilton | ||||
| Steven Clarke | ||||
| GeoffreyEggleton | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Robert Allen Howell
Position (eg Secretary, Chair Chair, etc)
Date 02.07.2024
Andrew Clark Trust For the year ended 31.12.2023 Receipts & Payments Accounts
| Details RECEIPTS Sponsorship & donors HMRC gift aid Other & myanmar Capital introduced subtotal asset Sales Total receipts PAYMENTS School & tuition fees Healthcare & food costs Wages Charitable activities Other & website subtotal Assets & Investments Total payments Net Receipts cash funds from last year end cash funds from this year end |
UnrestrictedRestricted Total funds funds funds 2023 £62,333 £62,333 £7,317 £7,317 £0 &0 £0 £0 |
|---|---|
| £69,650 £0 £69,650 |
|
| £69,650 £0 £69,650 |
|
| £7,041 £7,041 £7,348 £7,348 £29,998 £29,998 £1,340 £1,340 £960 £960 £46,687 £0 £46,687 |
|
| £0 £0 £0 £46,687 £0 £46,687 |
|
| £22,963 £0 £22,963 |
|
| £174,750 £0 £174,750 |
|
| £197,713 £0 £197,713 |
Statement of Assets & liabilities As at the 31.12.2023
| Bank Account 1 Bank Account 2 closing balance |
Unrestricted funds £186,552 £11,161 £197,713 |
|---|---|
Approved and signed on behalf of all the trustees
Signature Print name date ROBERT HOWELL 02.07.2024
Total funds 2022 £81,633 £6,856 £0 £0 £88,489
£88,489
£13,415 £17,607 £32,699 £20,122 £900 £84,743 £0 £84,743 £3,746 £171,003 £174,750
INDEPENDENT EXAMINER’S REPORT
Independent Examiner’s Report to the trustees of The Andrew Clark Trust Charity no. 1104134.
I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2023.
Responsibilities and basis of report
The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charitable Trust ’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
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(1) I have completed my examination. I confirm that no material matters have come to my attention which in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts do not accord with the accounting records.
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(2) 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.
Chaweevan Williams FCCA
Date: 02 July 2024
Chartered Certified Accountant Verdant Accountants Limited 20-22 Wenlock Road London N1 7GU
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