**ROWLEY PROJECTS**
**ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2021**
**Company Limited by Guarantee Company registration number (England & Wales): 05647424 Registered Charity number: 1113036**
## **ROWLEY PROJECTS**
## **ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2021**
|**INDEX**||
|---|---|
||Page|
|Report of the Directors|1 - 4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7 - 8|
|Independent Examiner's Report|9|
**ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2021**
**Page 1**
The Directors have pleasure in presenting their report and the financial statements of the company for the year ended 30th June 2021
## **STRUCTURE AND GOVERNANCE**
Rowley Projects is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association. The charity number is 1113036 and company number is 5647424.The accounts comply with current statutory requirements, the Memorandum and Articles of Association, and the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP).
## **Registered Office:**
36 Adelaide Road Bramhall Stockport Cheshire SK7 1LT
## **Directors and Trustees:**
S J Rowley A B Rowley B R Johnstone
## **Company Secretary and Trustee:**
B R Johnstone
## **Recruitment, appointment and training of Trustees**
Business, educational, and pastoral skills are well represented on the Board of Directors and Trustees. We aim to maintain and where necessary expand this range of skills and experience by increasing the knowledge base of present and future Trustees.
If considered appropriate, Trustees will be engaged in training to assist them in carrying out their duties in an efficient and effective manner.
## **Risk management**
Where appropriate, procedures and systems are in place to mitigate the risks faced by the charity.
## **Organisational structure**
The charity does not have any employees and work is carried out by either Trustees or volunteers. Trustees meet formally on a regular basis during each year.
**ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2021**
**Page 2**
**cont…**
## **PRINCIPAL ACTIVITY AND OBJECTIVES**
The principal activity of this charitable company in the year under review continues to be the relief of poverty in Kenya and other places by promoting and supporting the health, education and well being of the general population. This involves, among other things, establishing clean water projects, supplying school buildings and materials, building and staffing dispensaries, clinics and other medical facilities, and encouraging local church life.
## **ACHIEVEMENTS AND PERFORMANCE**
We continue to concentrate our efforts on improving the lives and future of the people living in Nyandiwa, a poor area in West Kenya. It has not been possible to visit Kenya this year, as a result of the pandemic. We have become proficient in email, Zoom, and Whatsapp, which has enabled us to keep in touch with what is happening over there but some projects such as building over the library are, of necessity, on hold. The High Shool under its new Head Teacher, Joash, continues to make good progress and produces wonderful results for a rural school. This in turn increases the demand for more places which is difficult to ignore. We always wanted Kolweny Kingsway to be a beacon school, showing what a properly resourced rural school could achieve, and they have done just that. Our scholarship fund, Hope Beyond Form 4, continues to offer the financial support that enables even the poorest children to aspire to further education. Presentations to groups have had to be curtailed but interest in our work and financial support from a broad range of groups and individuals has continued. We can still get students to write to their sponsors and Ayugi sends photos to accompany such letters. It is a great encouragement to find a number of our graduates with their own businesses or well paid employment, who sponsor their own siblings in school and tertiary education. Climate change has affected this agricultural community very badly, making the rains unpredictable, and we have provided food aid at times of desperate need.
Our work continues to concentrate on the following activities:
## **1 Clean water**
The greatest need of the people living in the area of Nyandiwa is for clean drinking water. We are able to supply a number of water filters to widows and poor families as an effective means of purifying the river water.
We continue to receive reports from people in the area that their families and friends no longer contract typhoid, dysentery, cholera or other water-borne diseases when a water filter is in use.
## **2 Schooling and education**
Both the Primary and Secondary schools at Nyandiwa are producing excellent results and are increasing in student numbers. This means that there are new problems to face while maintaining the high academic standards. The government decided to ban private funding of university students and provide grants to those whose results qualify them for a place. This reduces our overall costs for Hope Beyond Form 4 and enables us to offer support to these government students to cover accommodation, computers, books, travel etc… and offer scholarships for training in practical skills such as plumbing and secretarial work.
**ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2021 cont…**
**Page 3**
## **3 Health**
The operation of the dispensary continues to be of significant benefit to the local community and it is staffed by a resident health practitioner and nursing support. The local Ministry of Health has taken over responsibility for providing staff and the work is still overseen by a local committee. We have funded the building of a house to enable the Nurse Practitioner to stay overnight on site when necessary.
## **4 Small Businesses**
We continue our efforts to introduce and support new businesses, the latest being a knitting machine workshop.
Further detailed information on our work, and news from trips made, may be found on our website at www.rowleyprojects.com. and on periodic newsletters issued.
## **FINANCIAL REVIEW**
The financial position remains satisfactory. We remain careful in the management of resources entrusted to us and we incur minimal overhead and administrative costs. We are a project based charity and we aim to identify specific needs, cost the project, and then seek to raise appropriate funds.
Income received continues to come from a variety of UK sources including local schools, local church groups, and individuals.
## **Investment and reserves policy**
Most of the funds of this charity are to be spent in the short term, subject to retaining a prudent amount in reserves each year when possible. Surplus funds are modest and obtain negligible interest. The objective is to try to keep adequate funds to finance operations for at least the following three months.
## **Plans for the future**
The charity plans to continue the activities outlined above in the forthcoming years, subject to satisfactory funding arrangements.
## **DIRECTORS' AND TRUSTEES' RESPONSIBILITIES**
The director trustees are responsible for preparing the Directors' Report and the accounts in accordance with applicable law and regulations. Company law requires the Directors to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view. In preparing those accounts the directors are required to:
- select suitable accounting policies and apply them consistently;
- make judgments and estimates that are reasonable and prudent;
**ROWLEY PROJECTS**
**Page 4**
## **REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2021**
## **cont…**
- follow statements of recommended practice.
- prepare the accounts on the 'going concern basis' unless it is inappropriate to presume that the company will continue in operation.
The director trustees are responsible for keeping proper accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Approved by the Director Trustees and signed on their behalf by:
S J Rowley **Trustee Director** 18th March 2022
**ROWLEY PROJECTS**
**Page 5**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2021**
|**Restricted Unrestricted**
**Funds**
**Funds**
£
£
**INCOMING RESOURCES:**
**Incoming resources from generated funds:**
Voluntary income -
general purposes
0
15,488
-
water projects
0
0
-
schooling & education
11,056
0
-
health
0
0
-
grain
2,850
0
Gift aid recovery (see note 1c)
0
0
Sale of Kenyan goods / cards
0
250
**Income from main activities of charity**
13,906
15,738
**Investment income**- bank interest
0
0
**Total incoming resources**
13,906
15,738
**RESOURCES EXPENDED:**
**Main charitable activities:**-
Projects
-
water projects
0
0
-
schooling & education
11,056
6,247
-
health
0
0
-
grain
3,165
8,647
-
other costs
0
955
Sale of Kenyan & other goods / cards
0
0
**Total of project costs**
14,221
15,849
**Travel and associated costs**
to / from and within Kenya
0
283
**Expenditure on main activities of charity**
14,221
16,132
**Other**
communications, resources,
-
website & promotion
0
489
**Total resources expended**
**- main charitable activities**
14,221
16,621
**Governance**
0
313
**Total resources expended**
14,221
16,934
**Net incoming / outgoing resources for the year**
-315
-1,196
**Total funds brought forward 1st July 2020**
315
39,205
**Total funds carried forward 30th June 2021**
0
38,009|**Total**
**Funds**
**2021**
£
15,488
0
11,056
0
2,850
0
250
29,644
0
29,644
0
17,303
0
11,812
955
0
30,070
283
30,353
489
30,842
313
31,155
-1,511
39,520
38,009|**Total**
**Funds**
**2020**
£
18,715
0
13,824
0
6,535
13,014
275|
|---|---|---|
|||52,363
0|
|||52,363|
|||0
29,324
1,298
6,220
2,946
178|
|||39,966
1,627|
|||41,593|
|||313
41,906
308|
|||42,214|
|||10,149
29,371|
|||39,520|
||||
The statement of financial activities includes all gains and losses in the year. All incoming resources expended derive from continuing activities.
**ROWLEY PROJECTS**
**Page 6**
|**BALANCE SHEET AS AT 30TH JUNE 2021**
Note
**CURRENT ASSETS**
Bank and cash
Prepaid travel costs
**CURRENT LIABILITIES**
Accrued expenses
**NET CURRENT ASSETS**
**UNRESTRICTED FUNDS:**
General funds
**RESTRICTED FUNDS:**
Water
3
Schooling & education
3
Grain
3
Health
3|**2021**
£
38,309
0
38,309
-300
38,009
38,009
0
0
0
0
0
38,009|**2020**
£
36,599
3,216|
|---|---|---|
|||39,815
-295|
|||39,520|
|||39,205|
|||0
0
315
0|
|||315|
|||39,520|
||||
These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
For the financial year ended 30th June 2021 the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.
The trustee directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The accounts on pages 5 to 8 were approved by the Board on 18th March 2022 and signed on its behalf by:
S J Rowley
Trustee Director
Company Registration No. 05647424
**ROWLEY PROJECTS**
**Page 7**
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2021**
## **1. ACCOUNTING POLICIES AND DEFINITIONS**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
## **(a) Basis of accounting**
The financial statements have been prepared under the historical cost convention, and in accordance with the Companies Act 2006 and the Statement of Recommended Practice: Accounting and Reporting by Charities, laid down by the Charity Commission.
## **(b) Fund accounting**
- Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
- Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor through the terms of an appeal.
## **(c) Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable.
- Investment income is included when receivable.
- Gift aid tax recovered is accounted for when received from HM Revenue & Customs. (A gift aid claim of £5,699 was received from HMRC after year end in July 2021).
## **(d) Resources expended**
- Expenditure is recognised on an accrual basis as a liability is incurred.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them, such as travel and visit costs to Kenya.
- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include costs linked to the strategic management of the charity.
- All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
**ROWLEY PROJECTS**
**Page 8**
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2021**
## **2. LEGAL STATUS OF THE CHARITY**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to a maximum of £10.
## **3. MOVEMENT ON RESTRICTED FUNDS**
|Opening balance 1st July 2020
Incoming resources
Outgoing resources:
-
specific costs
-
allocated costs - trips
Closing balance 30th June 2021|Schooling &
Water education
£
£
0
0
0
11,056
0
11,056
0
0
0
11,056
0
0|Grain
£
315
2,850
3,165
0
3,165
0|**2021**
Total
£
315
13,906
14,221
0
14,221
0|**2020**
Total
£
4,794
20,359|
|---|---|---|---|---|
|||||24,838
0|
|||||24,838|
|||||315|
**ROWLEY PROJECTS (A CO. LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROWLEY PROJECTS - CHARITY NUMBER 1113036**
**Page 9**
_I report on the accounts of the company for the year ended 30th June 2021, as shown on pages 5 to 8._
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
_The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility:-_
- _examine the accounts under section145 of the Charities Act_
- _to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and_
- _to state whether particular matters have come to my attention_
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
_My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 give 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**
_In connection with my examination, no matter has come to my attention:_
- _(1) which gives me reasonable cause to believe that in any material respect the requirements_
- _to keep accounting records in accordance with section 130 of the Charities Act and_
- _to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act._
_have not been met or_
_(2) to which, in my opinion, attention should be drawn, in order to enable a proper understanding of the accounts to be reached._
## **DAVID R S WELCH FCA, DChA. CHARTERED ACCOUNTANT**
_3 ALVINGTON GROVE, HAZEL GROVE STOCKPORT, CHESHIRE SK7 5LS_
18th March 2022