ChallengeAid Report and accounts 31 March 2024 challenge.lid Jlt for a ptsrpose ChallengeAid REPORT AND ACCOUNTS 31 March 2024 CONTENTS Page Companyinformation Report of the Directors Independent Examiner's Statement Statement of fi nancial activities Balancesheet io Notesto the accounts 11-12 ChallengeAid COMPANY INFORMATION Directors M. Ryan R.J.Bywater J. Cox M. Ellis l.m. Hunt Vjones-mathias G.E.KThomas Secretary 1.0. Thomas Registered Company Number 5318179 Registered Charity Number 1109055 Registered Office l Kings Road Llandovery Carmarthenshi re SA20 OAW Chal lengeAid REPORTOFTHE DIRECTORS Thedirectors havepleasurein presentingtheir report and theaccountsofthecompany fortheyearended 31 March 2024. Principal activities ChallengeAid promotes health and fitnessthroughoutthe UK by motivatingschools, universities, corporategroupsand individua15to undertake physical challengesand raise money through sponsored activity and exercise. Most of ourchallengesareorganised in-houseso ourcostsarefar lessthan those organised by for-profit com pan ie5 for other chariti e5. Ourpledge isthat noneofthe money raised from any ofthesechallenges orsponsored exerciseis used foradministrative purposes. Theaim of our charitablegiving isto create'schoolsof Hope" ISoHslforaspirational young informal 5Sum dwellers livingin extremepoverty, who may not beableto attend school duringthedayduetofamilyorworkcommitments. Thesecentresoffer a complementaryand alternativeform ofschooling, aswell asa uniquelongterm sustainablesolution tothe provision of education. We bel ieve that we are one of the very few charities that is able to respond effectively to someof East Africa'songoing issues in someofthe largest slumswithout creatinga cu Itu re of dependency or bri ngi ng knee-jerk reactions to the latest crises. Through ourworkweenablesomeofthe poorest people in Kenya and Tanzaniato escape a lifeti me of poverty. Thecharitywasestablished in 2005 to help disadvantaged children living in someofthe worst conditions in thedevelopingworld. This is beingachieved by raisingtheawareness of schoolchildren in theUK about theseverepovertythat thesechildren experience, largely through visits and presentations to promote exercise and awareness about the work of ChallengeAid. Admi nistrative costs are specially covered by trustees, and private patrons, donations. ChallengeAid is a company l i m ited by guarantee. Financial overview: Thecompany received fundstotalling£129,04412023.' £132,694) duringtheyearand incurred direct charitableexpendituretotalling£103,81812023: £77,984). Details of awards madearegiven in note4 totheaccounts. The balanceoffundscarried forward at 31 March 2024 i5£3,84312023'. £30,220). Review Schoolsof Hope Ourmajorfocuscontinuesto bethedevelopment ofschoolsof HopelSoH}, which are designed to providea complimentary education to children attendingschool and as an alternativeeducation forchildren who eitherworkorlook aftertheiryoungersiblings duringtheday, to help providea path out of poverty. Most do not have lightingorspace in their homes, so attendingeach eveningduringtheweekand duringweekends and school holidays allowsthem tostudy. ChallengeAid'ssupport coversthe provision oftext books, desks and chai rs, secu re storage space and electric lighting. There is also a programmeof life5killssupport, coveringtopicssuch assubstancemisuseeducation and HIV/Aidsawareness programmes. Unusuallyfor Kenya and thecultural norms of East Africa, we have moregir15than boys attendingourSoH's. Thishas largely been brought about through ourspon50red Sanitary Pad programmewhich provides all adolescent girlswho attend theSoH'5 regularly, with freesanitary pads. SinceChallengeAid began in 2005 over 100,000 pupils have benefitted from theSoH programmeand wearecurrently cateringfor over5,000 children each night in ourSchooI5 of Hope, at weekendsand during5chool holidays. Wecurrentlyoperate53 SOHS in Nairobi, Mombassa, Nyeri, the Aberdare5, Bisil, Kajiado and Arusha in Tanzania someofwhich also operateduringthe day as virtual learn i ng centres attached to schools. We havein placequitean extensiveextra-curricular programmethepupils have opportunitiesin music and drama, chess, art and debating. In addition, atweekends therearesport5teams and coaching opportunitieswith cricket, football, rugby and volleyball. Over60 ofour 200 supervisors havebeen trained to basic National Standard in thesesports. Theextra-curricular programme had been difficultto maintain duringthe pandemic, though activitiesstill continued within thecommunities but inter- communitycompetition and practicewa5severely curtailed dueto national restrictions. Adult Literacy and Numeracy Programme Thi5 project is in Kajiado County-servingindigenous Masai households in 9 locations. We currently haveover 1,000 learnersenrolled in 9 centresset up bytheproject and about 85Yo oftheparticipantsarewomen. Recentlythe learnersundertookagovernment exam i n l iteracy and al I passed. The Proj ect also promotes l ivel i hood en hancement among women. Foursavingsand loan5groups havebeen formed and trained to managinga simpledocumentation system. Thewomen aremakingcraft and will besellingthese outsidetheirvillageswith support from the project. 960 womenlmothers havereceived trainingin hygiene, nutrition and childcare-thetraining iscarried out bythe Ministry of Public Health and targetswomen who attend adult literacyclasses. This is now a3 year project being implemented byChallengeAid Africawith financial supportfrom ERKO an NGOfrom Slovakia, which has now been extended. Challenges & Events Goingforward ChallengeAid aimsto increasethe number ofchallenge50rganised in the UK and alsoto increasethenumberof adults raising moneythrough awidervarietyof challenges. Covid restrictions havemadechallengesdifficult but wewill rebuild in 2023 with Celtic Challengecycle, thewelsh 3 Peaks, TheTaff Trail Hikeand thelOO Mile Chal lenge. Ou r events have continued successfu I ly and have been a substantial source of income, with Six Park Place lunch, Cardiff dinnersand our annual golf dayat Burhill. ChallengeAid Africa Three years ago, Chal lengeAid Afric3 Trust was set up as a com pany and foundation i n its own right, which meansthat weno longer need to relyon partnersin Kenya runningthe SoHsfor us. This has had a hugeeffect, increasingourefficiencywith ourown dedicated co-ordinatoroperatingout of Nairobi. Thi5 has had positiveimplicationson ChallengeAid'ssustainability in thefuture, aswecan now co-ordinatewith all the previous partnersand monitortheirefficiency. Anotherexcitingdevelopment isa new relationshipwith theFederation of Slum Dwellers, which will enable usto identify suitable buildings in slum area5foranyfutureSoHs and also will beableto help us identifycommunity Leadershipgroupsfrom ourSoH Committeecan beformed. Highlights and Headlinestakeawaysfor 2024 1. 53 Schoolsof HopelSoHs}and almost 5000 students per dav. 2. There are now 10 virtual learn i ng centres IVLC'sl 3. Sci ence, Maths & Engl ish lessons are del ivered by 5 expert volunteer teachers from the UK. 4. Over 600form 4 students lalm05t doublethenumberfrom 2021lsat the KCSEin 2023, 66 qualified fora placeat university, 5. In 2023, 826 studentssatthe KCPE (primary exams), 20% morethan lastyear, with a total of 97.8¥otransitioningto secondaryschool. The norm in Kenyafortransition would be60%with a mere400A in informal slum settlements. 6. Ninecentreswithjust under IOOOyoungwomen in Kajiado15outh Kenya, Masai Countyl are involved with women's empowerment and adult literacy sessions as m05t young girls, as young as 12, areforced into polygamous marriages, Suffer FGM, experience early childbirth and consequently leaveeducation. 7. Wearecurrently pilotinga new Maths programme'Education in asuitcase, sponsored bythelcelandic Government with thecrypto currency-SmileyCoin- 'Earn asyou learn 306 studentsfrom 7 centresare participating in the programme 8. 135 of last years l eavers have al ready vol u nteered as supervisors to 'give back,. Self sustainability in action. 3-5 9. Most SoHsare participating in soap, disinfectant and shampoo making. They arethen sellingtheseproducts into theircommunitiesa5 awayof earningasustainable income. Al I the SOH'S are also involved in vegetabl e growing. 10. Wehaveformal workingrelationshipswith TheFederation ofslum Dwellersof Kenya, and morerecentlyTheAssociation of Informal Schools. Thereareover 100 informal schools in just two of Nairobi's informal slumssettlements asthereare no Government schools in theslums. 11. Theaveragecost of educatingaChallengeAid pupil in ourSoHsis lessthan 3p perday, or lessthan 20p perweek, or£lO ayear. 12. 2500 girls receive complementary sanitary pads every month. 13. Thereare767 boyscurrently participating in Boys Club. Thisclubfocuseson keeping boys in ed ucation, leadershi p, taking responsi bi lity and longer-term decisi on maki ng. 14. Therearecurrently962 girls participating in'GirlsCan Clubs, which meet to discuss topicssuch aswomensempowerment, careerand lifestylechoice5, womens health and education. 15. Wehaveformed 218 sportsteamsfor both boysand girls in secondaryand primary, in rugby, cricket, football, volleyball and more recently, netball and handball. 16. Life5killssessionsare held in each ofourSoHs, normallytwicea month. 17. Debatingand art classesare held in 50meoftheSoHs. Chesshas become incredibly popluar, with over500 young peopleparticipatingand a chessacademy has been formed forSoH studentsto access national and international tournaments. 18. Approximately40°A of girls living in theslum and undertheageof 17 aresexually active. Almost 50°h ofthosegirls drop out ofschool through unintended and unwanted pregnancies. Ouraveragedropout rateforSoH gir15 15jUSt 1.4'A. Weareworkingthrough theGirlsClubto eliminate incidencesofteenagepregnancy in theSOH programme. 19. Ofthe25 studentswho started our mentoringprogrammein 2019, all have transitioned to University. Many of the mentors areformer students from our SOHS who arenoweitherin University or havegraduated and arenowon career pathways. The mentorsh i p programme 15 now being extended to i nclude u n iversity-leavers. 20. Inset lessons in maths, physics, chemistry, biologyand English are beingheld with teachersfrom informal schools in Nairobi and Kisumu. Thepilotschemestarted with 260 teachers, wewill beraisingthe numberto 271 in 2023. 21. Wearecurrentlyfacilitating a remedial literacyand numeracy project with Strathmoreuniversityand Regional Education Learning Initiativeto help theyoung students in the informal slum settlementswho havefallen behind in thesetwo basic areas. At thetimeofgoingto presswe havecurrently assessed over2,000 pupilswho were not attainingthenational standard and spent time improvingtheir performance. Directors Thedirectorsofthecompanywho served duringtheyearareasfollows. M. Ryan Ichairl R.J. Bywater J. Cox M Ellis l. M. Hunt V. Jones-mathias G.E.KThomas The above report has been prepared in accordance with the special provisions relati ng to small companieswithin Part 15 oftheCompaniesAct 2006. Approved by the Board of Directors on and signed on its behalf by: Martyn Ryan Director Date.. 20.03.2025 ChallengeAid INDEPENDENT EXAMINER'S REPORT We report to thetrusteeson myexamination ofthefinancial statementsofthecharityfor theyearended 31 March 2024. Responsi bil ities and basis of re port Asthe charity'strustees, you areresponsiblefor the preparation of the accounts in accordancewith the requirementsoftheCharitiesAct 20111"theAct"l. We report in respect of my examination of theTrust'saccountscarried out under section 145 ofthe2011 Act and in carryingout our examination, we havefollowed all the applicable Directionsgiven bythe Charity Commission undersection 14515llb}of the Act. Independent examiner'sstatement We havecompleted ourexamination. Weconfirm that no material mattershavecometo ourattention in connection with theexamination which gives me causeto believethat i n, any materi al respect: theaccounting recordswere not kept in accordancewith section 130 ofthe CharitiesAct; or theaccountsdid not accord with theaccounting records; or theaccountsdid not comply with theapplicable requirements concerning theform and content ofaccountsset out in thecharities (Accountsand Reports) Regulations2008 otherthan any requirementthat theaccountsgivea'true and fair, viewwhich isnot a matter considered as part of an independent examination. We have no concernsand havecome acrossno other matters in connection with the examination to which attention should bedrawn in thisreport in orderto enablea proper understanding oftheaccountsto be reached. Signed Date: 2710312025 EST Accountants Ltd Henstaff Court Llantrisant Road Cardiff CF72 8NG ChallengeAid STATEMENTOF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNn FOR THEYEAR ENDED 31 MARCH 2024 INCOME AND EXPENDITURE Note 2024 2023 Incoming resources Donations Gift aid repayments/HMRC refunds Other income Interest receivable 129,044 3,822 132,694 {3751 419 153 Total incoming resources 133,285 132,472 Resources expended Fundraisingtradingcosts Charitableexpenditure Management and administration ofthecharity 37,250 103,818 18,594 21,729 77,984 24,170 Total resources expended 159,662 123,883 Net incoming/(outgoingl resourcesfor the year {26,377} 8,589 Fund balances brought forward 30,220 21,631 Fund balances carried forward at 31 March 2024 3,843 30,220 Thenoteson pages 11-12 form part oftheseaccounts. ChallengeAid- REGISTERED NUMBER 5318179 BALANCE SHEEr 31 March 2024 2024 2023 Current assets Cash at bankand in hand Note 9,843 36,220 9,843 36,220 Creditors Amountsfallingduewithin oneyear 16,0001 16,0001 Net assets 3,843 30,220 Capital and reserves General fund 3,843 30,220 For the financial year ended 31 March 2024, the company was entitled to exemption from audit under section 477 Companie5 Act 2006. No notice has been deposited under section 476. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair viewof thestate of affair5 ofthe companyas at the end of theyear and of its profit or loss for the financial year in accordance with the requirements of section 396 and which otherwise complywith the requirements oftheCompaniesAct 2006 relatingto accounts, sofar as applicable to thecompany. These fi nancial statements have been prepared i n accordance with the special provisions relating to small companies within Part 15 oftheCompaniesAct 2006. The notes on pages 11-12 form part of these account5, Approved bythe Board of Directors and signed on its behalf by M. Ryan Director Date ChallengeAid NOTES TOTHE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2024 Accountingpolicies Basisof accounting The accounts have been prepared in accordance with applicable standards, the Statement of Recommended Practice-Accounting and Reporting bycharites, and under thehistorical cost convention. Incomingresourcesand outgoingexpenditureareaccounted foron an accruals basis. 2024 2023 Donations reteived School chal lenges Adult challenges 1,075 1,075 Fu nd raisi ng event5 Private Donation5 Grants 51,129 77,915 74,346 41,913 15,360 132,694 129,044 I ncome from schools represents 50°h of fund5 actually raised for the Schools. The balance offunds raised is retained directly bytheschools, Fundraising tradi ng costs Fund raising events Other 37,250 21,729 37,250 21,729 Di rect charitable expenditure St Prisca'sschool, Nairobi Challenge & exerciseactivity ChallengeAid Africa D i rect salary costs D i rect expenses 5,000 85,000 11,882 1,936 103,818 65,000 7,572 5,412 77,984 ChallengeAid NOTESTOTHE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2024 2024 2023 Management and administration ofthe charity Staff sal aries Public relations Fundrai5ing& Biddingconsultancy Promotional material Legal and professional fees Website maintenance Prem ises costs Insurancecosts Officesupplies Bank charges Miscellaneous 10,326 11,276 37 1,862 423 7,933 323 2,123 2,446 164 2,201 769 366 18,594 1,925 590 24,170 Costs incurred in the management and administration of the charity are covered by fu nds raised by private donors. Creditors: amountsfalling due within one year Loans 6,000 6,000 6,000 6,000