THE GHANAIAN CHILDREN’S TRUST
REGISTERED CHARITY NUMBER 1106764
REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
STATUTORY AND LEGAL INFORMATION: the Trust is a registered charitable trust with the charity number 1106764.
TRUSTEES:
Appointment renewal date
Mrs Jean Edusei, Chair
Mrs Catherine Edna Dixon, Gift Aid Secretary
Ms Colette Anson, Minutes Secretary
Nana Kwabena Edusei II, Ghana Coordinator
Mr Gordon Ian Wanless, Treasurer Mr Colin Liddell
4 July 2029 4 July 2029 1 April 2028 1 March 2027
18 September 2026 7 December 2027
REGISTERED OFFICE:
6 Kirkstone Gardens High Heaton Newcastle upon Tyne NE7 7AN
BANKERS:
Barclays
49/51 Northumberland Street
Newcastle upon Tyne
NE1 7AF
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REPORT OF THE TRUSTEES: the Trustees present their report and financial statements of the charity for the year ended 31 March 2025.
OBJECTIVES OF THE CHARITY: the objectives are to relieve poverty and distress among children and young adults, who are orphans or who are destitute, particularly but not exclusively those who are resident at the King Jesus Charity Home in Boadi, Kumasi and to advance their education. The Trustees must use the income of the Charity in promoting the objectives.
GOVERNING DOCUMENT: the Governing Document is the Declaration of Trust constituting the Ghanaian Children’s Trust dated 11 July 2004. The charity was registered with the Charity Commission for England and Wales on 15 November 2004.
FINANCIAL CONTROLS: the charity has a treasurer who prepares the financial statements. Expenditure must be authorised and supported by an invoice or receipt. All payments are closely monitored by the Trustees and require dual signature/authorisation.
INVESTMENTS AND PROPERTY: the charity has no investments or property.
RESPONSIBILITIES OF THE TRUSTEES: the Charities Act requires the Trustees to prepare financial statements at the end of each financial year of the charity and for the surplus or deficit of the year ended.
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REVIEW OF ACTIVITIES AND ACHIEVEMENTS:
Throughout the year the Trustees have fulfilled the charity’s objectives by organising fundraising events. These consisted of a summer garden party, the charity’s annual dinner in November which was held at the Newcastle Cricket Club, Jesmond, Newcastle upon Tyne, and a musical evening at St Franics’ Church Hall, High Heaton, Newcastle upon Tyne in February. In addition, supporters have continued to donate regularly throughout the year.
The charity has continued to receive donations of clothing, shoes, books and stationery which have been shipped to Ghana.
The charity’s appeal to raise £15,000 to replace the roof on the girls’ house at King Jesus Charity Home in Boadi, and the boys’ rooms at the Apemso house, was successful and the work has been completed. In addition, a grant was obtained to flush the bore holes at the homes two sites and install new pumps. The yard at the Apemso house was also concreted.
One of the charity’s trustees, Nana Kwabena Edusei II has continued to monitor how the charity’s donations have been used at King Jesus Charity Home (KJCH) and is satisfied that the money is being used for the intended purposes. In addition, the home’s director Bishop Kofi Owusu-Afriyie has signed a declaration that he will ensure all monies from the Ghanaian Children’s Trust will be used for the intended purposes. All is going well at the children’s home. All the children are in good health and happy, and all the school-age children are in full-time education.
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
The original bungalow at King Jesus Charity Home was old and in need of extensive renovation, but it was not considered to be economical to do this, and the building was no longer fit for purpose. It has therefore been demolished and a larger, two-storey building is being erected with funding from a supporter in the United States of America. Because the new building is larger than the old bungalow, it is deemed no longer safe for the kitchen and outdoor cooking facilities to be so close to the new building, and the Ghana Fire Service have recommended that a new kitchen be built well away from any other buildings. The estimated cost of this is approximately £6,500 and the trustees have applied for grants to meet this cost. In addition, a further £500 is being sought to install fire extinguishers, smoke and fire alarms.
The solar system, supplied by the Ghanaian Children’s Trust, is working well and providing sufficient electricity for the home’s current needs. However, the trustees are aware that this might need to be extended when the new building is operational.
REVIEW OF FINANCIAL PERFORMANCE: throughout the year the
charity had a surplus of £1,366.66. The amount carried forward from the previous financial year was £530.77. Total payments amounted to £37,696.61, of which £12,508 was sent to King Jesus Charity Home for school fees and general running expenses and £22,760 for special projects. The restricted fund at the financial year end was £0.00.
POLICY ON RESERVES: the Trustees maintain sufficient funds in reserve in the unrestricted fund to cover one year’s running costs which consist of website hosting, lottery licence and insurance (professional and indemnity, public and products liability, Trustees liability, crisis containment and employers’ liability). All monies in the unrestricted
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
fund over the amount of £500 are designated to meet the aims of the charity, the £500 being kept to cover administrative and fundraising expenses.
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THE GHANAIAN CHILDREN’S TRUST REPORTS AND FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
UNRESTRICTED FUNDS: these are needed to:
a) Provide cover for administration and support costs;
b) To provide funds to carry out the Trust’s objectives.
RESTRICTED FUNDS: the purpose of the restricted fund is to hold any money raised for special projects that cannot be used for any other purpose.
Signed by order of the Trustees………………………………..Jean Edusei MBE Approved by the Trustees on ………30 July 2025..………
BALANCE SHEET AS AT 31 MARCH 2025:
| CURRENT ASSETS 2025 2024 | CURRENT ASSETS 2025 2024 |
|---|---|
| Unrestricted funds £1366.66 £530.77 |
£1366.66 £530.77 |
| Restricted funds £0.00 £0.00 |
£0.00 £0.00 |
| CURRENT LIABILITIES |
£0.00 £0.00 |
| TOTAL ASSETS LESS LIABILITIES £1366.66 £530.77 | TOTAL ASSETS LESS LIABILITIES £1366.66 £530.77 |
SIGNED ON BEHALF OF THE TRUSTEES
Chair …………………………………………… Treasurer ……………………………………. Caw ahs ss Date ………30 July 2025…………………
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| Charity Registration Number 1106764 Financial year 1 April 2024 to 31 March 2025 Receipts: Donations |
Charity Registration Number 1106764 Financial year 1 April 2024 to 31 March 2025 Receipts: Donations |
2024- | 2025 | 2023 | -2024 | Unrestricted |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Unrestricted | Restricted | % Compare | ||
| Donations | ||||||
| - General | £ 9 620 73 | £9 058 39 | 6% 108% 12% -17% 29% 3% 46% 666% 8% 4% -679% -75% 24% 92% -25% 1% -3% |
|||
| - Garden Party | £ 124 90 | £60 00 | ||||
| - Music Event | £ 75 50 | |||||
| - Annual Dinner | £ 43 99 | £0 00 | ||||
| Fundraising | ||||||
| - General | £ 15 15 | £0 00 | ||||
| - Easter Raffle | £ - | £375 96 | ||||
| - Garden Party | £ 1 816 86 | £1 616 55 | ||||
| - Music Event | £ 741 00 | |||||
| - Annual Dinner | £ 1 522 34 | £1 831 93 | ||||
| Roofing Project | £ - | |||||
| - Rothley Trust | £ 1 250 00 | |||||
| - Leech Foundation | £ 15 000 00 | |||||
| A Nelson & Co - New plumbing / Bore cleaning | £ 6 510 00 | |||||
| Gift Aid | £ 1 516 35 | £1 178 58 | ||||
| Donations in lieu of admin expenses | £ 100 93 | £98 04 | ||||
| Donations in lieu of Shipping costs | £ 190 00 | £130 00 | ||||
| Bank Interest | £ 4 75 | £0 62 | ||||
|---|---|---|---|---|---|---|
| Income | £ 15 772 50 | £ 22 760 00 | £14 350 07 | £0 00 | ||
| Plus balance brought forward | £ 530 77 | £ - | £685 84 | £297 77 | ||
| Total | £ 16 303 27 | £ 22 760 00 | £15 035 91 | £297 77 | ||
| Payments: | Support to King Jesus Charity Home | £ 12 508 00 | £13 000 00 | |||
| General | £ 1 112 80 | £ 142 80 | ||||
| Roofing Project | £ 16 250 00 | |||||
| A Nelson & Co - New plumbing / Bore cleaning | £ 6 510 00 | |||||
| Education Project | £ 2 23 | £297 77 | ||||
| Shipping Costs | £ 350 00 | £200 00 | ||||
| Administration Expenses | £ 100 92 | £132 08 | ||||
| Fundraising Costs - General | £ 20 00 | £247 99 | ||||
| Fundraising Costs - Garden Party | £ 124 90 | £100 04 | ||||
| Fundraising Costs - Music Event | £ 46 00 | |||||
| Fundraising Costs - Annual Dinner | £ 673 99 | £680 00 | ||||
| Payments | £ 14 936 61 | £ 22 760 00 | £14 505 14 | £297 77 | ||
| Overall Fund Balances | £ 1 366 66 | £ - | £530 77 | £0 00 | ||
| Bank Balances to match to Overall Fund Bals | £ 1 366 66 | £530 77 | ||
|---|---|---|---|---|
| 31-Mar-25 | Petty Cash / Cheques in hand | £ 30 15 | £29 94 | |
| 31-Mar-25 | Held in Barclays Bank Community Account | £ 1 336 50 | £500 83 | |
| 31-Mar-25 | Held in Barclays Bank Savings Account | £ 0 01 | ||
| All monies held in the unrestricted fund over the value of £500 are designated to meet the aims of the charity. |
Restricted Fund Balances: Current Committed Remaining Roofing Project £ - £ - £ - A Nelson & Co - New plumbing / Bore cleaning £ - £ - £ - Total £ - £ - £ - Accounts prepared by: Mr Gordon Wanless (Treasurer) |Chitdren'’s Truse| Cee pDarvrkas s Signed……………………………………………… Date ………… 03 June 2025 Annual Dinner (P/L): £ 892 34 Planned Restricted Fund Spends: Garden Party (P/L): £ 1 816 86 Roofing Project £ - Music Event (P/L): £ 770 50 A Nelson & Co - New plumbing / Bore cleaning £ - Total £ -
Independent Examiner’s Report to the Trustees of the Ghanaian Children’s Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025, which are set out on the attached Statement of Financial Activity and Balance Sheet.
Responsibilities and Basis of report
As the charity’s trustees you 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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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 the 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.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
There are 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.
John Barrell
Meadow View Mountford Road Whitley Bay Northumberland NE25 0TB
0191 237 5859
john.barrell@talktalk.net 07 June 2025