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2023-06-30-accounts

ROWLEY PROJECTS

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2023

Company Limited by Guarantee Company registration number (England & Wales): 05647424 Registered Charity number: 1113036

ROWLEY PROJECTS

ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2023

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

Page 1

REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2023

The Directors have pleasure in presenting their report and the financial statements of the company for the year ended 30th June 2023

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 are 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 and informally during each year.

ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2023

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, all in partnership with local communities.

Our work has developed mainly into educational support in helping students and facilitating the building of educational facilities.

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 was not possible to visit Kenya for around three years, due to the pandemic. However, since the lifting of Covid related travel restrictions it has been possible to visit Kenya with effect from Summer 2022, and usually twice per year since then.

The Nyandiwa community were thankfully quite well protected from the worldwide Covid virus, despite minimal Kenyans being vaccinated.

It remains encouraging to find that many of our graduates have progressed and are now in well paid employment or their own businesses.

Our work covers the following activities:

1 Clean water

People living in the area of Nyandiwa continue to have a great need for clean drinking water. Our water filter projects have been a major success over time, with a reduction in reports of waterborn diseases: cholera, typhoid and dysentery, when a water filter has been used.

Although specific funding for this work has reduced, we continue to review and encourage the work of locals in Nyandiwa who have continued with the clean water filtration programmes we originally set up.

2 Schooling and education

Educational projects remain the major part of our work, but the education system in Kenya was badly impacted by Covid imposed lockdowns. Notwithstanding this, the Nyandiwa primary and secondary schools where we concentrate our work still produce excellent results.

Thanks to many very generous donations received, it has been possible to fund the IT suite above the secondary school library; the builder being an alumnus Rowley Projects sponsored builder / designer.

Page 3

ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2023 cont…

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. When we make vists to the area, we also visit other local dispenaries, to encourage, and to distribute medicines and consumables donated from our UK based supporters.

4 Small Businesses

We continue our efforts to introduce and support new business enterprises, which have included school uniform making and chicken rearing in recent years.

5 Grain

In May 2023 we were able to send funds of in excess £6,000 to pay for much needed grain for distribution in the Nyandiwa area. This fed over 2,000 families.

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 and available on request..

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 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 school and church groups, and individuals. We are extremely grateful to around 40 loyal and dedicated supporters who donate towards our work on a monthly basis. Many have done this since our inception.

For the year ended 30th June 2023 total income was £58,861 (prior year £40,860). This generosity of giving is so encouraging, and enables important projects to be completed and renewed.

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 unfortunately generate 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

ROWLEY PROJECTS REPORT OF THE TRUSTEE DIRECTORS FOR THE YEAR ENDED 30TH JUNE 2023 cont…

Page 4

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:

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 22nd March 2024

Page 5

ROWLEY PROJECTS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2023

Restricted Unrestricted
Funds
Funds
£
£
INCOMING RESOURCES:
Incoming resources from generated funds:
Voluntary income -
general purposes
0
22,678
-
water projects
0
0
-
schooling & education
24,760
0
-
health
0
0
-
grain
4,341
0
Gift aid recovery (see note 1c)
0
7,082
Sale of Kenyan goods / cards
0
0
Income from main activities of charity
29,101
29,760
Investment income- bank interest
0
0
Total incoming resources
29,101
29,760
RESOURCES EXPENDED:
Main charitable activities:-
Projects
-
water projects
0
0
-
schooling & education
24,760
39,276
-
health
0
0
-
grain
4,341
1,745
-
other costs
0
613
Total of project costs
29,101
41,634
Travel and associated costs
to / from and within Kenya
0
14,389
Expenditure on main activities of charity
29,101
56,023
Other
communications, resources,
-
website & promotion
0
534
Total resources expended
- main charitable activities
29,101
56,557
- TEAR Fund appeal
0
0
Governance
0
343
Total resources expended
29,101
56,900
Net incoming / outgoing resources for the year
0
-27,140
Total funds brought forward 1st July 2022
0
46,496
Total funds carried forward 30th June 2023
0
19,356		 Total
Funds
2023
£
22,678
0
24,760
0
4,341
7,082
0
58,861
0
58,861
0
64,036
0
6,086
613
70,735
14,389
85,124
534
85,658
0
343
86,001
-27,140
46,496
19,356		 Total
Funds
2022
£
18,529
0
12,406
0
3,106
6,819
0
40,860
0
40,860
0
20,216
0
5,207
957
26,380
4,161
30,541
494
31,035
1,000
338
32,373
8,487
38,009
46,496

The statement of financial activities includes all gains and losses in the year. All incoming resources expended derive from continuing activities.

ROWLEY PROJECTS
BALANCE SHEET AS AT 30TH JUNE 2023
Note
CURRENT ASSETS
Bank and cash
Prepaid items
CURRENT LIABILITIES
Accruals
4
NET CURRENT ASSETS
UNRESTRICTED FUNDS:
General funds
RESTRICTED FUNDS:
Water
3
Schooling & education
3
Grain
3
Health
3		 2023
£
30,485
222
30,707
-11,351
19,356
19,356
0
0
0
0
0
19,356		 Page 6
2022
£
46,821
0
46,821
-325
46,496
46,496
0
0
0
0
0
46,496

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 22nd March 2024 and signed on its behalf by:

B R Johnstone Trustee Director

Company Registration No. 05647424

ROWLEY PROJECTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2023

Page 7

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

(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:

(d) Resources expended

ROWLEY PROJECTS

Page 8

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2023

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

Schooling &
Water education
£
£
Opening balance 1st July 2022
0
0
Incoming resources
0
24,760
Outgoing resources:
-
specific costs
0
24,760
-
allocated costs - trips
0
0
0
24,760
Closing balance 30th June 2023
0
0
4. ACCRUALS
Governance expenses
Schooling & education expenditure
approved at 30.6.23 not cleared
until July 2023		 Grain
£
0
4,341
4,341
0
4,341
0		 2023
Total
£
0
29,101
29,101
0
29,101
0
2023
330
11,021
11,351		 2022
Total
£
0
15,512
15,512
0
15,512
0
2022
325
0
325

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 2023, 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:-

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:

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

22nd March 2024