REGISTERED COMPANY NUMBER: 05397223 (England and Wales) REGISTERED CHARITY NUMBER: 1115288
Report of the Trustees and Unaudited Financial Statements For The Year Ended
31 MARCH 2023 FOR
Sandblast Limited
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Sandblast Limited
Contents of the Financial Statements for the Year Ended 31 MARCH 2023
---------------------------------------------------------------------------------------------------------Page Report of the Trustees ----------------------------------------------------------------------------3 to 5 Independent Examiner’s Report----------------------------------------------------------------6 Statement of Financial Activities----------------------------------------------------------------7 Balance Sheet--------------------------------------------------------------------------------------- 8 and 9 Notes of the Financial Statements---------------------------------------------------------------10 and 11 Detailed Statement of Financial Activities-----------------------------------------------------12
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Sandblast Limited
Report of the Trustees
For the Year Ended 31[st] March 2023
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05397223 (England and Wales) Registered Charity number 1115288
Registered office
8 Gravesend Road London W12 0SZ
Trustees
| Trustees | ||
|---|---|---|
| Ms D Smith | ||
| G Foreman | Chair | Resigned 19.10.10 |
| P George | Resigned 19.10.10 | |
| Annette Gibbon-Warrens | Chair | Approved 29.03.16 |
| P San Martin | Resigned 08.04.09 | |
| B Newbery | ||
| I Santaolalla | fallen ill 05.09.14 | |
| Judith Harrison | Chair | approved 23.11.10 Deceased 01.11.14 |
| Rebecca Allen | Treasurer | Approved 01.10.21 |
| Nancy Carolina Graterol | Approved 01.10.21 |
Sandblast Limited was incorporated under the Companies Act 1985 on 17[th] March 2005 No. 5397223 and registered with the Charity Commissioners on 13 July 2006 No. 1115288. It is governed by its Memorandum and Articles of Association which states that unless the company decides otherwise.
Company Secretary Carolina Graterol
Independent Examiner
Ms. Yuan Li 25 Gregory Street Hyde, Cheshire SK14 4NJ United Kingdom
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Sandblast Limited
Report of the Trustees - Continue For the Year Ended 31[st] March 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, Memorandum of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985.The organisation is a charity and a company limited by guarantee, not having a share capital. It exists to promote the culture and creative potential of the Saharawi people and build awareness and support for their humanitarian needs and situation.
Recruitment and appointment of new trustees
We regularly review our trustee board and seek new potential candidates to join the management committee to meet the new needs that come with evolutions in Sandblast's mission. We are always keen to recruit people who are interested and able to devote real time and effort to the goals of Sandblast and can contribute with expertise and experience in the areas of organisational development, project management, finance planning and accounting and communications.
Organisational structure
The Charity is administered by the Management Committee currently made up of 4 members. New members are elected and approved by the Management Committee. They meet two times a year and focus on the strategic aspects of organisational development and operation. The Director, also the founder, has been approved by the trustees to manage the day-to-day operations of the charity.
Risk review
The management committee has conducted its own review of the main risks to which the Charity is exposed. The influx of funds to assure continuity of Sandblast's project work in the refugee camps is an ongoing concern. The after effects of COVID19 continue to negatively impact funding levels required for Sandblast. As an interim measure, the founder has come forward to cover essential costs related to the Desert Voicebox project and is actively seeking funding for more long term financial stability and sustainability. Our main funding source -the annual Saharamarathon charity run in the Algerian desert, which was cancelled over the past few years has been reactivated, but its success as an effective fundraiser remains uncertain in the post Covid19 context.
Meanwhile, steps have been taken to mitigate the impact of funding shortages by limiting project scope and relying on in-kind support as much as possible. The management board is currently pursuing a strategy to source funding from corporate giving, on-line donation campaigns and is actively developing a fundraising strategy to secure grants from appropriate funders for Sandblast’s educational and skills- building project work in the Saharawi refugee camps.
Internal risks are minimised by the implementation of robust financial governance controls with procedures for the authorisation of all transactions in order to meet project costs and provide consistent quality of delivery for all operational aspects of the charitable company. These procedures are reviewed twice a year to ensure that they still meet the needs of the Charity.
OBJECTIVES AND ACTIVITIES
Objectives
Sandblast exists to develop the creative potential and skills of the indigenous Saharawis of Western Sahara and to raise awareness of their plight to garner more humanitarian support. The majority live in five harsh refugee camps in the Algerian desert, where a UNHCR- estimated 170,000 have been displaced since 1976. Tens of thousands more else live under the Moroccan regime's occupation in their homeland of Western Sahara. The territory is divided by a 2700km long wall and is Africa's last colony according to the UN.
Activities
Since 2016 Sandblast has primarily been engaged in small-scale projects to encourage the growth of civil society and supports educational and skills training activities for children, youth and women in the camps. Desert Voicebox (previously known as Stave House in the Sahara) is now Sandblast's core activity. This pioneering early-learning after school project, providing music and English education to the Saharawi refugee children, is based in the Lal Andala primary school in the camp of Boujdour. Sandblast funds the ongoing expenses associated with replenishing learning and teaching resources, salaries for the local Saharawi team of 5 refugee women delivering the 4 year-long programme of English and Music learning, the living stipends to international volunteers supporting the programme on the ground and the maintenance of the venue where the project is housed in.
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Sandblast Limited
Report of the Trustees - Continue For the Year Ended 31[st] March 2023
OBJECTIVES AND ACTIVITIES
Activities
In April 2022 Sandblast received funding from the National Community Lottery Fund for a 2 years-long project 'Forget Us Not”. This project aims to learn more about the UK-based Saharawi diaspora and refugee asylum seekers coming from Western Sahara, in order to determine how to support their needs and aspirations. It has so far entailed doing a research report to understand the community's history and situation better, developing a virtual information hub for new arrivals to the UK and organising events for the London-based Saharawi community to promote dialogue and connections between its dispersed members.
FINANCIAL REVIEW
Reserves policy
A minimum of £18,000 in reserve is required to meet Sandblast’s commitments for at least 12 months in the absence of sufficient income. This is calculated on the basis of its minimal running costs for our project work, marketing expenses, internet-based services and the fees of occasional freelance consultants.
FUTURE DEVELOPMENTS
In the next 3 years, Sandblast will be mostly dedicated to strengthening and growing the Desert Voicebox project. Our specific goal is to get our local teaching team of refugee women fully qualified and to train more women for future expansion to all 5 camps. We aim to build an onsite training space next to the learning centre in order to be able to train further teachers required for the expansion phase.
Throughout, Sandblast will aim to develop further its links in the UK with schools, music institutions and English language organisations such as St. Giles International, British Council and SOAS in order to deliver a more varied and high-quality teaching and training programme to the Saharawi refugee children and local teachers. Simultaneously we will aim to build on the support we already have with Stave House, AB Music Academy and London College of Music. These links play a vital role in developing and enriching the teaching and learning side of Desert Voicebox.
Alongside this, the project will continue to be seeking to establish children to children links through penpal programmes between students in Desert Voicebox and primary school children in the UK and elsewhere. Sandblast will also carry on recruiting qualified volunteers to deliver teacher training and special creative activities for the children. Our aim is to always provide more opportunities for the Saharawi refugee children to grow outside the classroom through stimulating and inspiring activities and exchanges.
ON BEHALF OF THE BOARD:
Ms. D Smith – Trustee Date: 21[st] December 2023
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Sandblast Limited
Independent Examiner's Report to the Trustees
I report on the accounts for the year ended 31[st] March 2023 set out on pages six to twelve.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
Examine the accounts under Section 43 of the 1993 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as 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 statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
Which gives me reasonable cause to believe that, in any material respect, the requirements? To keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006, and To prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or
-
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ms Yuan Li
Date: 21[st] December 2023
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Sandblast Limited
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2023
| Statement of Financial Activities (Incorporating an Income and Expenditure Account) fortheYear Ended 31 MARCH 2023 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) fortheYear Ended 31 MARCH 2023 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) fortheYear Ended 31 MARCH 2023 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) fortheYear Ended 31 MARCH 2023 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) fortheYear Ended 31 MARCH 2023 |
|---|---|---|---|---|
| Statement of Financial Activities for the year ended 31 March 2023 (Incorporating an Income and Expenditure Account) |
||||
| Unrestricted Funds |
Restricted Funds |
31.03.2023 Total Funds |
31.03.2022 Total Funds |
|
| £ | £ | £ | £ | |
| Incoming Resources Incoming Resources from Gen- erated Fund Voluntary Income Activities for Generating Funds Total Incoming Resources Resources Expended Charitable Activities Event/Project Management Governance Costs Administrative Costs Total Resources Expended Net Income/Expend for the year Reconciliation of Funds Total Funds brought forward Total Fund Carriedforward |
1,582 15,723 |
10,000 - |
11,582 15,723 |
10,135 462 |
| 17,305 | 10,000 | 27,305 | 10,597 | |
| 11,653 8,163 1,386 |
4,134 - - |
15,787 8,163 1,386 |
14,206 813 4,193 |
|
| 21,202 | 4,134 | 25,336 | 19,212 | |
| (3,897) | 5,866 | 1,969 | (8,615) | |
| 2,179 4,148 |
10,793 2,179 |
Page 7 of 12
Sandblast Limited
Balance Sheet
At 31[st] March 2023
| Sandblast Limited Balance Sheet At 31stMarch 2023 |
Sandblast Limited Balance Sheet At 31stMarch 2023 |
Sandblast Limited Balance Sheet At 31stMarch 2023 |
Sandblast Limited Balance Sheet At 31stMarch 2023 |
Sandblast Limited Balance Sheet At 31stMarch 2023 |
Sandblast Limited Balance Sheet At 31stMarch 2023 |
|---|---|---|---|---|---|
| Sandblast Limited Balance Sheet as at 31st March 2023 | |||||
| Current Assets Cash at Bank Current liabilities Amounts falling due within one year Director Loan Amounts falling due after one year Director Loan Net Current Assets/(Liabilities) Total Asset less Current Liabilities Net Assets/(Liabilities)* |
Unrestricted Funds |
Restricted Funds |
31.03.2023 Total Funds |
31.03.2022 Total Funds |
|
| £ | £ 25,683 11,103 12,307 |
£ 5,866 - - |
£ 31,549 11,886 12,307 |
£ 29,581 - 12,307 |
|
| 2,274 | 5,866 | 8,140 | 17,274 | ||
| 2,274 2,274 |
5,866 5,866 |
7,357 7,357 |
17,274 17,274 |
||
| Funds Unrestricted Funds Restricted Funds Total Funds |
2,274 - 2,274 |
- 5,866 5,866 |
2,274 5,866 8,140 |
17,274 - 17,274 |
- Ms. D Smith (the Trustee) has lent an additional amount of £11,103 from her personal savings for the project of The Desert Voicebox during the financial year 2022/2023. Therefore, the balance of the total Director Loan is £23,409 as at 31/03/2023.
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Sandblast Limited
Balance sheet - Continue
For the Year Ended 31st March 2023
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for:
-
Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006, and
-
Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on 21[st] December 2023, And were signed on its behalf by:
Ms. D Smith -Trustee Date: 21[st] December 2023
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Sandblast Limited
Notes to the Financial Statements
for the Year Ended 31 MARCH 2023
1. Accounting Policies
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to headings, they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Funds are transferred from unrestricted funds to finance a deficit on a restricted fund.
2. Voluntary Income
| 2. Voluntary Income | ||
|---|---|---|
| 31.03.2023 | 31.03.2022 | |
| £ | £ | |
| Donations | 1,582 | 10,135 |
| Grants | 10,000 | - |
| Total | **11,582 ** | **10,135 ** |
3. Activities for generating funds
| 3. Activities for generating funds | ||
|---|---|---|
| 31.03.2023 | 31.03.2022 | |
| £ | £ | |
| Fundraising | 4,620 | 462 |
| DirectLoan | 11,103 | - |
| **Total ** | 15,722 | 462 |
4. Net Income/ (Outgoing) Resources
There is no Net Income/ (Outgoing) Resources for the year ended 31[st] March 2023.
5. Trustee’s Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31st March 2023.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31[st] March 2023.
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Sandblast Limited
Notes to the Financial Statements - continued
for the Year Ended 31 MARCH 2023
6. Creditors: Amounts Falling Due Within/after One Year
The Creditors (Amount Falling Due Within One Year) for the year ended 31st March 2023 was £11,103 where the Trustee of Ms. D Smith has lent an additional amount for the project of The Desert Box from her personal savin during the financial year 2022/2023.
| 31.03.2023 Total Funds |
31.03.2022 Total Funds |
|
|---|---|---|
| £ | £ | |
| Creditors | ||
| Amountfalling due withinone year | 11,103 | - |
The Creditors (Amount Falling Due after One Year) for the year ended 31st March 2023 was £12,307 where the Trustee of Ms. D Smith lent this for the project of The Desert Voicebox from her personal savings.
| 31.03.2023 Total Funds |
31.03.2022 Total Funds |
|
|---|---|---|
| £ | £ | |
| Creditors | ||
| Amountfalling due afterone year | 12,307 | 12,307 |
7. Movement in Funds
| At 01.04.2022 £ |
Net Movements in Funds £ |
Net Movements in Funds £ |
Net Movements in Funds £ |
At 31.03.2023 £ |
|
|---|---|---|---|---|---|
| Unrestricted Fund | |||||
| General Fund | 2,179 | (3,897) | (1,718) | ||
| Restrict Fund | |||||
| General Fund | - | 5,866 | 5,866 | ||
| Total Fund | 2,179 | 1,969 | 4,148 | ||
| **Net Movement out funds, included inthe ** | above are as follows: | ||||
| Income Resources £ |
Resources Expanded £ |
Movement out Funds £ |
|||
| Unrestricted Fund | |||||
| General Fund | 17,305 | (21,202) | (3,897) | ||
| Restrict Fund | |||||
| General Fund | 10,000 | (4,134) | 5,866 | ||
| Total Fund | 27,305 | (25,336) | 1,969 |
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Sandblast Limited
Detailed Statement of Financial Activities
for the Year Ended 31[st] MARCH 2023
| Sandblast Limited Detailed Statement of Financial Activities for theyear ended 31.03.2023 |
||
| INCOMING RESOURCES Voluntary Income Donations Grants Total Activities for generating funds Fundraising events Direct Loan Total Total Incoming Resources RESOURCES EXPENDED Charitable Activities Projects Fundraising fee Total Governance costs Membership fees Professional fees Total Administrative Costs website Finance Bank Total resource expended Net Income/(Expenditure) |
31.03.2023 | 31.03.2022 |
| £ | £ | |
| 1,582 10,000 |
10,135 - |
|
| 11,582 | 10,135 | |
| 4,620 11,103 |
462 - |
|
| 15,723 | 462 | |
| 27,305 | 10,597 | |
| 15,787 - |
7,961 6,245 |
|
| 15,787 | 14,206 | |
| 180 7,931 |
229 500 |
|
| 8,111 | 729 | |
| 1,386 52 |
4,193 84 |
|
| 25,336 | 19,212 | |
| 1,969 | (8,615) | |
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