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 2024 FOR Sandblast Limited
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Sandblast Limited
Contents of the Financial Statements for the Year Ended 31 MARCH 2024
---------------------------------------------------------------------------------------------------------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 2024
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
| Annette Gibbon-Warrens | Chair | |
|---|---|---|
| B Newbery | ||
| Rebecca Allen | Treasurer | |
| Nancy Carolina Graterol |
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 2024
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, accounting and communications.
Organisational structure
The Charity is administered by a board of Trustees currently made up of 4 members. New members are elected and approved by the trustees. They meet at least four times a year and focus on the strategic aspects of organisational development and operation as well as approve budgets, expenditures and oversee financial management. 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. In the financial year in question, a welcome influx of funds has helped to assure the continuity of Sandblast's project work in the refugee camps and to cover its operational costs, significantly helping to reduce overall risk. Sandblast is now in a position to be able to plan ahead and implement strategies to ensure new funds will be in place at the end of the next 12 months to be able to carry on its activities. The overall increase in donations has provided the charity with the opportunity to use unrestricted funds to support its priorities and develop more capacity.
Further to these positive developments, internal risks are being 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 yearly to ensure that they still meet the needs of the Charity.
OBJECTIVES AND ACTIVITIES
Objectives and activities
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.
Since 2016 Sandblast has primarily been engaged in small-scale projects that support educational, cultural and skills training activities for children, youth and women in the camps. Desert Voicebox (previously known as Stave House in the Sahara), currently Sandblast's core flagship activity, trains local refugee women to provide music and English education over the course of four years to 60 Saharawi children between the ages of 7 to 12. This pioneering, early-learning afterschool project is based in the Lal Andala primary school in camp Boujdour.
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Sandblast limited
Report of the Trustees - Continued For the Year Ended 31[st] March 2024
Sandblast funds the ongoing expenses associated with replenishing and upgrading educational resources, the salaries for the local team of 5 women, monthly fees to engage 2 local musicians to teach traditional music skills once a week, stipends for qualified international volunteers to run creative workshops for the children 3 to 4 times a year, fees to provide remote training for the local teachers, the costs to organise summer training programmes for the teachers in Algiers and the maintenance of the learning centre .
FINANCIAL REVIEW
Reserves policy
A minimum of £36,000 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 largely dedicated to strengthening and growing the Desert Voicebox project. Our specific goals will be to ensure our local teaching team of refugee women become fully qualified and to train more women to support the local educational needs of the camps to provide English language teaching within the middle schools. We will also aim to create a Desert Voicebox after school programme within middle schools too in response to local demand for the programme to be upscaled. Building an onsite training space next to the current learning centre will be needed in order to train further teachers required for the expansion phase. Alongside this, Sandblast will aim to develop more links in the UK with schools, music and English language institutions 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. We will also aim to deepen the existing links with Stave House, AB Music Academy and London College of Music as these play a vital role in supporting the music training needs of Desert Voicebox.
As part of the goal to broaden horizons and provide cultural enrichment experiences, the Desert Voicebox project will continue 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 special creative workshops for the children, aiming to always provide more opportunities for the Saharawi refugee children to grow outside the classroom through stimulating activities and gain the skills and confidence to become cultural ambassadors.
ON BEHALF OF THE BOARD:
ire WVe
Miss Annette Gibbons-Warren – Chair of Trustees 6 December 2024
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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 2024 set out on pages seven 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: 6 December 2024
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Sandblast Limited
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 MARCH 2024
| Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2024 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2024 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2024 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2024 |
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 MARCH 2024 |
|---|---|---|---|---|
| Statement of Financial Activities for the year ended 31 March 2024 (Incorporating an Income and Expenditure Account) |
||||
| Unrestricted Funds |
Restricted Funds |
31.03.2024 Total Funds |
31.03.2023 Total Funds |
|
| £ | £ | £ | £ | |
| Incoming Resources Incoming Resources from Generated 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 Carried forward |
23,621 5,097 |
1,613 - |
25,234 5,097 |
11,582 15,722 |
| 28,718 | 1,613 | 30,331 | 27,304 | |
| 25,963 897 663 |
1,350 - - |
27,313 897 663 |
15,787 8,163 1,386 |
|
| 27,523 | 1,350 | 28,873 | 25,336 | |
| 1,195 | 263 | 1,458 | 1,968 | |
| 6,116 7,574 |
4,147 6,116 |
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Sandblast Limited
Balance Sheet
At 31[st] March 2024
| Sandblast Limited Balance Sheet At 31stMarch 2024 |
Sandblast Limited Balance Sheet At 31stMarch 2024 |
Sandblast Limited Balance Sheet At 31stMarch 2024 |
Sandblast Limited Balance Sheet At 31stMarch 2024 |
Sandblast Limited Balance Sheet At 31stMarch 2024 |
Sandblast Limited Balance Sheet At 31stMarch 2024 |
|---|---|---|---|---|---|
| Sandblast Limited Balance Sheet as at31st March 2024 | |||||
| Current Assets Cash at Bank Current liabilities Amounts falling due within one year Amounts falling due after one year Director Loan Net Current Assets/(Liabilities) Total Asset less Current Liabilities Net Assets/(Liabilities)* |
Unrestricted Funds |
Restricted Funds |
31.03.2024 Total Funds |
31.03.2023 Total Funds |
|
| £ | £ 49,066 16,323 23,410 |
£ 263 - - |
£ 49,329 16,323 23,410 |
£ 31,549 11,103 12,307 |
|
| 9,333 | 263 | 9,596 | 8,139 | ||
| 32,743 9,333 |
263 263 |
33,006 9,596 |
20,446 8,139 |
||
| Funds Unrestricted Funds Restricted Funds Total Funds |
9,333 9,333 |
263 263 |
9,333 263 9,596 |
8,139 8,139 |
- Ms. D Smith (the Founding Director) has lent a total of £23,410 from her personal savings towards the Desert Voicebox project across FY21/22 and FY22/23. Additionally, a further £16,232 has been lent to the same project in FY23/24.
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Sandblast Limited
Balance sheet - Continue
For the Year Ended 31st March 2024
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2024 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 6 December 2024, and were signed on its behalf by:
Miss Annette Gibbons-Warren – Chair of Trustees Date: 6 December 2024
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Sandblast Limited
Notes to the Financial Statements
for the Year Ended 31 MARCH 2024
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
| 31.03.2024 | 31.03.2023 | |
|---|---|---|
| £ | £ | |
| Donations | 1,099 | 1,582 |
| Grants | 24,135 | 10,000 |
| Total | **25,234 ** | 11,582 |
3. Activities for generating funds
| 31.03.2024 £ |
31.03.2023 | |
|---|---|---|
| £ | ||
| Fundraising | 5,097 | 4,620 |
| Direct Loan | - | 11,103 |
| Total | 5,097 | 15,723 |
4. Net Income/ (Outgoing) Resources
There is no Net Income/ (Outgoing) Resources for the year ended 31[st] March 2024.
5. Trustee’s Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31st March 2024.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31[st] March 2024.
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Notes to the Financial Statements - continued
Sandblast Limited
for the Year Ended 31 MARCH 2024
6. Creditors: Amounts Falling Due Within/after One Year
The Creditors (Amounts Falling Due Within/after One Year) for the year ended 31[st] March 2024 was £16,323 that the Founding Director Ms. D Smith has lent for the Desert Voicebox.
| 31.03.2024 Total Funds |
31.03.2023 Total Funds |
|
|---|---|---|
| £ | £ | |
| Creditors | ||
| Amount fallingdue within oneyear | 16,323 | 11,103 |
The Creditors (Amount Falling Due after One Year) for the year ended 31st March 2024 was £23,410 that the Founding Director of Ms. D Smith has lent for the Desert Voicebox project across the financial year 2021/2022 and 2022/2023.
| 31.03.2024 Total Funds |
31.03.2023 Total Funds |
|
|---|---|---|
| £ | £ | |
| Creditors | ||
| Amount fallingdue after oneyear | 23,410 | 12,307 |
7. Movement in Funds
| At 01.04.2023 £ |
Net Movements in Funds £ |
At 31.03.2024 £ |
|
|---|---|---|---|
| Unrestricted Fund | |||
| General Fund | 6,116 | 1,195 | 7,311 |
| Restrict Fund | |||
| General Fund | - | 263 | 263 |
| Total Fund | 6,116 | 1,458 | 7,574 |
Net Movement out funds, included in the above are as follows:
| Income Resources £ |
Resources Expanded £ |
Movement out Funds £ |
|
|---|---|---|---|
| Unrestricted Fund | |||
| General Fund | 28,718 | (27,523) | 1,195 |
| Restrict Fund | |||
| General Fund | 1,613 | (1,350) | 263 |
| Total Fund | 30,331 (28,873) 1,458 |
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Sandblast Limited
Detailed Statement of Financial Activities
for the Year Ended 31[st] MARCH 2024
Sandblast Limited
| Sandblast Limited | Sandblast Limited | Sandblast Limited |
|---|---|---|
| Detailed Statement of Financial Activities for theyear ended 31.03.2024 | ||
| INCOMING RESOURCES Voluntary Income Donations Grants Total Activities for generating funds Fundraising events Director Loan Total Total Incoming Resources RESOURCES EXPENDED Charitable Activities Projects Event Expenses Total Governance costs Membership fees Professional fees Total Administrative Costs website Finance Bank Total resource expended Net Income/(Expenditure) |
31.03.2024 | 31.03.2023 |
| £ | £ | |
| 1,099 24,135 |
1,582 10,000 |
|
| 25,234 | 11,582 |
|
| 5,097 - |
4,620 11,103 |
|
| 5,097 | 15,723 |
|
| 30,331 | 27,305 |
|
| 26,915 398 |
15,787 - |
|
| 27,313 | 15,787 |
|
| 897 13 |
180 7,931 |
|
| 897 | 8,111 |
|
| 613 50 |
1,386 52 |
|
| 28,873 | 25,336 |
|
| 1,458 | 1,969 |
|
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