2021-06-30-accounts - Lao Educational Opportunities Trust

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						SORP reference
Summary		ofthe purposes			of		Toadvance the education ofyoung
the charity			as set out	in its			people in Laos through the provision of
governing		document					material assistance or such other
							beneficial purposes as the Trustees
							decide.
Summary activities		ofthe main in relation to those				Para 1.17and 1.19	Operation ofthe LEOT SCHOOL. Teaching of beginner English language
purposes		for the public					and introduction to Computing.
benefit,	in particular,			the			Operation ofthe LEOT Vocational
activities,		projects or					Sewing School
services	identified in			the			Teaching ofsewing to disadvantaged
accounts.							women to enable them to earn a living
							as seamstresses.
							Building of rural schools
							Many villages have dilapidated schools
							that fail to meet basic standards to allow
							education ofchildren
							LEETworks with the Department of
							Education to build new 3and 6 room
							Schools
							Educational Scholarships
							LEOT continues to provide basic
							scholarships to enable disadvantaged
							students to attend /University or
							Colle es offurther education.
Statement			confirming			Para 1.18	LEOT is diligent in following the
whether	the trustees			have			Commissions requirement on Public
had regard			to the guidance				benefit and is mindful in making sure
issued by		the Charity					that all of its activities are ofbenefit to
Commission			on public				the Lao disadvantaged community
benefit							to ether with the wider communi

Achieve	men	ts	and Per	formance
				SORP reference
Summary	ofthe main			Para 1.20	The main achievements ofthe charity
achievements		of the charity,			were the completion ofcourses
identifying	the	difference the			at the LEOT School and the LEOT
charity's	work	has made to			Sewing school.
the circumstances			of its		154students graduated at the	LEOT
beneficiaries and			any wider		School and 20 students
benefits to society as a					graduated at the LEOT	Sewing
whole.					School
					LEOT Granted 24educational	School to
					enable disadvantaged	students to
					continue further education at
					University or Colleges	of Further
					Education
					LEOT Completed the construction of
					Namhang rural Primary	School.

Financial Review
Review of the charity's			Para 1.21	At the year end the charity held	f42,768
financial position at the	end			in current funds in the UK and	Laos. The
ofthe period				Trustees considered this to be	adequate
				for the next six months ofactivity. A
				Trustee has offered to support	the
				chari as and when re uired.
Statement explaining the			Para 1.22	Reserves are held to meet the	short
policy for holding reserves stating why they are held				term needs ofthe Charity. Reserves are held in current accounts.
Amount ofreserves held			Para 1.22	f42,768
Reasons for holding zero			Para 1.22	N/A
reserves
Details offund materially		in	Para 1.24	No fund is in deficit.
deficit
Explanation of any			Para 1.23	The long term uncertainty ofthe Charity
uncertainties about the				is due to the difficulty in negotiating
charity continuing as a going				INOU's with the Laos government and
concern				further su ort from Trustees.
Additional information	{optional)
You ma choose to include		further statements		where relevant about
The charity's principal			Para 1.47	The Charities main funding is provided
sources offunds (including				by Trustees and two international
any fundraising)				Charities.
Investment policy and			Para 1.46	The Charity holds all its funds	in bank
objectives including any				current accounts, itdoes not hold short-
social investment policy				or long-term investments
adopted
A description of the principal			Para 1.46	The principal risks ofthe charity are.
risks facing the charity				The age ofits Trustees and the	difficulty
				in negotiating INOU's with the Laos
				overnment.
Other

Description of charity's			The charity has a single	The charity has a single	operational
trusts:			trust to assist	education	in Laos
Type ofgoverning document		Para 1.25	Trust deed
How is the charity		Para 1.25	Unincorporated	association
constituted?
assocIatiol i. ClOi
Trustee selection methods		Para 1.25	Trustees are selected by		the Trustees
including details ofany			from suitable volunteers		and
constitutional provisions	e.g.		supporters.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant about:
Policies and procedures		Para 1.51
adopted for the induction
and training oftrustees
The charity's organisational		Para 1.51
structure and any wider
network with which the
charity works
Relationship with any related		Para 1.51
parties
Other

mes	ofthe charity trust	ees who manage the	charity
	Trustee name	Office (ifany)	Dates ear	acted ifnot forwhole	Name to a	ofperson (or body) entitled oint trustee ifan
	Kevin Heath	Chair	Whole year
	Peter Banwell	Treasurer	Whole year
	Janet Clare	Secretary	Whole year
	Conway
	Julie Williams Jeannette Margaret	School Director of	24'" September 2020 16™ November 2020
	Tyler	LEOT SCHOOL
6
7
8
9
'l0
11
12
13
14
15
16
17
18
19
20

e e 19/20	ntsferthe esse dedhhthdnnetOht	ntsferthe esse dedhhthdnnetOht
42520	Restricted Donations		25614
48342	Unrestricted Donations		32177
4681	Student contributions
257	Misc Sales		0
193	Bank Interest		150
esses
7247	Scholarship grants		3852
27246	Salaries		24450
12954	LEOTScwing school costs		6727
3382	School Directors costs		312
374	Homeland Directors costs		0
57	BBIIdmg BlalBtcnancc		0
424	Electricity		460
350	Rc&eshmcnts		373
538	Printing, stationery	and copying	395
481	Books		0
114	Bank Charges		97
233	Equipment repairs and rcnewa1s		496
292	Misc costs
14	Telephone		25
1062	Addinonal Equipment
189	School Excursions	and functions	0
	Cleaning materials		28
	Water		172
	IntcIBct		305
	Insurances		488
	Hospitality English		0
	Teachers ID		0
	EIBcrgcncy fund		0
	Consumables		193
	Ditrerences		-67
	MOU costs		1724
	COVID costs		54
	DOES costs		1422
	MOPA Costs		0
	Operating Permit		0
	DOES Covtd pro/cct		0
	DOESthermometers		0
	Community school	building costs	18534
-teide	Recess ofcosts over income
as t	th anne 2021
30920	HSBCCurrent Account		36556
11446	BCELVientiannc account		2116
64	BCELI.uang Prabang account		1757
338	Cash		239

Adjustsd Signed Cb#s1 of Truste¢$ P¢t¢r BaEnv¢II 27th M8rch 2022