Accounts for the year to
The Tutu Foundation (UK) Accounts for the year to 31 March 2024
Company number 05074544 Charity number 1116030
The Tutu Foundation (UK)
Trustees’ Report and Financial Statements for the year ended 31 March 2024
Accounts for the year to
The Tutu Foundation (UK)
31 March 2024
Building peace in fractured communities
Trustees’ Annual Report on the Activities for the Year Ended 31 March 2024
| Charity Name: | The Tutu Foundation (UK) |
|---|---|
| Charity registration number: | 1116030 |
| Registered Office: | Apartment 5 |
| 89 Wimbledon Parkside | |
| London | |
| SW19 5LR | |
| Bankers: | National Westminster Bank PLC Oxfordshire Business Centre Minns Business Park Willow Court 7 West Way Oxfordshire OX2 1JB |
| Solicitors: | BCLP |
| Governors’ House | |
| 5 Laurence Pountney Hill | |
| London | |
| EC4R 0BR |
Trustees
| Paul Bloomfield Clive Conway (Chairman) Gary Craig Miguel Fragoso Isaac John Robert Beckley (appointed 15.12.2024) |
Richard Evans Ella Matheson Tukiya Muputa (resigned 15.06.2024) Elizabeth Mpyisi (resigned 01.04.2024) David Pugh Lorraine Jones (appointed 14.11.2024) |
|---|---|
The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2024.
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Accounts for the year to
The Tutu Foundation (UK)
Building peace in fractured communities
Reference and administrative details
The Tutu Foundation (UK) is a company limited by guarantee, registered in England and Wales number 05074544 and is a UK registered charity, number 1116030.
Mission, Objectives and Vision
The Tutu Foundation (UK) builds peace in fractured communities experiencing tension or division in the UK, using a model inspired by Archbishop Desmond Tutu’s peace and reconciliation work all over the world. To tackle the anti-social behavior, gang activity, growing extremism and violence in our communities and to build a lasting peace; underlying attitudes and behaviours must first be addressed. The Tutu Foundation (UK) helps communities in, or at risk of, conflict come together to develop a common point of view of what is wrong and how to make it better.
The underpinning values of The Tutu Foundation (UK) come from the South African concept of Ubuntu. Described by Archbishop Tutu as “one of the gifts Africa can give the world”, Ubuntu shows how we can only be fully human when we value and appreciate one another, recognising that what we have in common is far greater than the differences between us. Our vision is for relationships, communities and policies based upon mutual respect and an appreciation of our interdependence – in short, a reflection of Ubuntu which builds peace in UK communities.
Aims
Our aims are to build peace in fractured communities by: -
-
throwing light on particular problems and influencing powerful actors to bring about change;
-
promoting Ubuntu as a way of living together;
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enabling campaigns for people’s rights and responsibilities;
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promoting peace in fractured communities;
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championing ethical and sustainable use of the planet’s resources;
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acting as a vehicle for the development of the Tutu legacy;
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promoting education through the development of an Ubuntu based curriculum; and
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developing youth leaders to practice and promote the legacy of Archbishop Desmond and Mrs. Leah Tutu.
Activities in 2023/24
The Desmond Tutu annual peace lecture was delivered 23 November 2024 marking 30 years of South African democracy and the 40th year of Arch Desmond Tutu's Nobel Prize.
The Ubuntu Roundtable Project [URT] continued to run throughout 2024 with a number of projects taking place.
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Accounts for the year to
The Tutu Foundation (UK)
Building peace in fractured communities
Funding
We thank the many individuals who have given generous donations that have provided stability to continue our vital work.
Financial Review
During the year we raised funds from the general public and fundraising events. The funds were expended on delivering the programmes referred to in this report.
Structure, Governance and Management governing document
The Foundation is a company limited by guarantee, incorporated in England and Wales, and is registered as a charity with the Charity Commission. Its governing document is the Memorandum and Articles of Association dated 16[th] March 2004. Its trustees (who are directors of The Foundation) are appointed by its members; although at present the trustees and the members are the same individuals. The Articles of Association provide that one third of the trustees must retire by rotation at the Annual General Meeting each year. Those retiring by rotation are eligible for re-election.
Any trustee may be removed by the members for any reason and will also cease to be a trustee in certain circumstance specified in the Articles of Association, for example, if he or she becomes disqualified by law from acting as a charity trustee.
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Accounts for the year to
The Tutu Foundation (UK)
Building peace in fractured communities
Organisation
The trustees are responsible for the general management and oversight of all the activities of the Foundation. The trustees appoint a Chairman of the trustees, the Treasurer and the Company Secretary. No other officers have been appointed.
Risk Management
The trustees have assumed responsibility for identifying the types of risk faced by the Foundation in pursuing its charitable objectives. They have worked with the previous trustees in designing procedures to monitor and mitigate these risks and have ensured that volunteers are fully aware of the procedures and of the implications of failing to implement them. They are satisfied that these controls comply in all material respects with guidelines issued by the Charity Commission.
The Foundation maintains a risk register and risk is reported and reviewed by the trustees. The Risk Register is formally tabled at two meetings a year.
Reserves Policy
A reserves policy is in place reflecting the trustees’ commitment to having adequate reserves to maintain solvency.
Responsibilities of the Trustees
Company law requires the trustees to prepare financial statements for each financial year, that give a true and fair view of the state of affairs of the charity and the end of that year and of the surplus or deficit for the year then ended.
In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them on a consistent basis, making judgments and estimates that are prudent and reasonable. The trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
This report has been prepared in accordance with the special provisions for small companies under Part 16 of the Companies Act 2006.
Date signed as authorised by the Trustees: 17.12.2024
………………………………………………. Chairman
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The Tutu Foundation (UK) Accounts for the year to 31 March 2024
Building peace in fractured communities
Independent Examiner’s Report on the Accounts
Report to the trustees of The Tutu Foundation (UK) Limited on the accounts for the year ended 31 March 2024 set out on pages 7 to 11.
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 to:
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examine the accounts under section 145 of the Charities Act,
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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
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with 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 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 given 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 which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 17.12.2024 Signed: ~~Bote} |~~ Name: Andrew Gadoros ~~_——~~ Relevant professional qualifiFCA cation(s) or body (if any): ~~Po~~ Address: The Quadrant Centre Limes Road Weybridge Surrey, KT13 8DH
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Accounts for the year to
The Tutu Foundation (UK)
31 March 2024
Building peace in fractured communities
Statement of Financial Activities
| Incoming resources | Note | Unrestricted Funds |
Restricted Funds |
Restricted Total Funds 2024 |
|---|---|---|---|---|
| Incoming resources from generated funds: | ||||
| Voluntary income | 2 | 1,018 | - | 1,018 |
| Investment income | 3 | - | - | - |
| Total incoming resources | 1,018 | - | 1,018 | |
| Resources expended | ||||
| Costs of generating funds | 2,016 | - | 2,016 | |
| Charitable activities | 5,516 | - | 5,516 | |
| Governance costs | 900 | - | 900 | |
| Total resources expended | 8,432 | - | 8,432 | |
| Net movement in funds for the year | Net movement in funds for the year | (7,414) | - | (7,414) |
| Funds b/fwd | 310 | 14,821 | 15,131 | |
| Transfers | - | - - |
||
| Funds c/fwd | (7,104) | 14,821 | 7,717 | |
| Statement of Financial Activities | Statement of Financial Activities | |||
| Comparatives | ||||
| Incoming resources | Note | Unrestricted Funds |
Restricted Funds |
Restricted Total Funds 2023 |
| Incoming resources from generated funds: | ||||
| Voluntary income | 2 | 26,720 | 10,249 | 36,969 |
| Investment income | 3 | - | - | - |
| Total incoming resources | 26,720 | 10,249 | 36,969 | |
| Resources expended | ||||
| Costs of generating funds | 2,655 | - | 2,655 | |
| Charitable activities | 16,050 | 6,000 | 22,050 | |
| Governance costs | 2,156 | - | 2,156 | |
| Total resources expended | 20,861 | 6,000 | 26,861 | |
| Net movement in funds for the year | Net movement in funds for the year | 5,859 | 4,249 | 10,108 |
| Funds b/fwd | (5,549) | 10,572 | 5,023 | |
| Transfers | - | - | - | |
| Funds c/fwd | 310 | 14,821 | 15,131 |
All activities of the charitable company are classified as continuing.
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Accounts for the year to
The Tutu Foundation (UK)
31 March 2024
Building peace in fractured communities
Balance Sheet as at 31 March 2024
| 2024 | 2024 | 2023 | 2023 | ||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible fixed assets | 6 | 868 | 1,134 | ||
| Current assets | |||||
| Debtors | 375 | 375 | |||
| Cash and bank balances | 7,374 | 14,522 | |||
| Total current assets | 7,749 | 14,897 | |||
| Current liabilities | |||||
| Amounts falling due within one year | (900) | (900) | |||
| Net current assets | 6,849 | 13,997 | |||
| Total assets less current | 7,717 | 15,131 | |||
| liabilities | |||||
| Less, long term liabilities | - | - | |||
| Total funds carried forward | 7,717 | ||||
| Represented by: | |||||
| The funds of the charity | |||||
| Unrestricted funds | (7,104) | 310 | |||
| Restricted funds | 14,821 | 14,821 | |||
| Total charity funds | 7,717 | 15,131 |
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of the accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 “The Financial reporting Standard Applicable in the UK and Republic of Ireland”.
The trustees declare that they have approved the accounts above.
Signed on behalf of the charity’s trustees.
………………………………………………. Chairman Date 17.12.2024
………………………………………………. Treasurer
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Accounts for the year to
The Tutu Foundation (UK)
31 March 2024
Building peace in fractured communities
Notes on the accounts
1 Accounting Policies
The principal accounting policies adopted in the preparation of the financial statements are as follows:
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Tutu Foundation (UK) Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Preparation of the accounts on a going concern basis
It is assumed that the charity is a going concern, has sufficient available resources (financial, volunteers and support) to continue the operations that it carries out at present and those that are planned for the foreseeable future.
Income
All material incoming resources have been included on a receivable basis – i.e. they are included if the date receivable falls within the period covered by these accounts.
Resources expended
These have been analysed using a natural classification.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
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Accounts for the year to
The Tutu Foundation (UK)
Building peace in fractured communities
2 Grants and donations
| Unrestricted Funds |
Unrestricted Funds |
Unrestricted | Restricted Funds |
Restricted Funds |
Restricted Funds |
Restricted Funds |
Total Funds 2024 |
Total Funds 2024 |
Total Funds 2024 |
Total Funds 2024 |
Total Funds 2023 |
Total Funds 2023 |
Total Funds 2023 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Incoming resources | £ | £ | £ | £ | £ | ||||||||||||||
| Donations | 1,018 | - | 1,018 | 36,969 | |||||||||||||||
| Total | 1,018 | - | 1,018 | 36,969 | |||||||||||||||
| 3 Investment income | 3 Investment income | ||||||||||||||||||
| 2024 | 2023 | 2023 | |||||||||||||||||
| £ | £ | £ | £ | ||||||||||||||||
| Bank interest | - | - | |||||||||||||||||
| Total | - | - | |||||||||||||||||
| 4 Movements in funds | |||||||||||||||||||
| Opening | Incoming | Resources | Transfers | Closing | |||||||||||||||
| balance | resources | expended | balance | ||||||||||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | |||||||||||
| Unrestricted funds | 310 | 1,018 | (8,432) | - | (7,104) | ||||||||||||||
| Restricted funds | 14,821 | - | - | - | 14,821 | ||||||||||||||
| 15,131 | 1,018 | (8,432) | - | 7,717 | |||||||||||||||
| 5 Analysis of net assets by fund | |||||||||||||||||||
| Unrestricted | Unrestricted | Restricted | Total Funds | Total Funds | Total Funds | ||||||||||||||
| Funds | Funds | 2024 | 2024 | ||||||||||||||||
| £ | £ | £ | |||||||||||||||||
| Fixed assets | 868 | - | 868 | ||||||||||||||||
| Current assets | (7,072) | 14,821 | 7,749 | ||||||||||||||||
| Current liabilities | Current liabilities | (900) | - | (900) | |||||||||||||||
| Total | (7,104) | 14,821 | 7,717 | ||||||||||||||||
| Unrestricted | Unrestricted | Restricted | Total Funds | Total Funds | Total Funds | ||||||||||||||
| Funds | Funds | 2023 | 2023 | ||||||||||||||||
| £ | £ | £ | |||||||||||||||||
| Fixed assets | 1,134 | - | 1,134 | ||||||||||||||||
| Current assets | 76 | 14,821 | 14,897 | ||||||||||||||||
| Current liabilities | Current liabilities | (900) | - | (900) | |||||||||||||||
| Total | 310 | 14,821 | 15,131 |
3 Investment income
4 Movements in funds
5 Analysis of net assets by fund
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Accounts for the year to
The Tutu Foundation (UK)
31 March 2024
Building peace in fractured communities
6 Intangible fixed assets
| 6 Intangible fixed assets | |
|---|---|
| Trademarks | |
| £ | |
| Cost | |
| Balance b/fwd | 2,665 |
| Additions | - |
| Balance c/fwd | 2,665 |
| Amortisation | |
| Balance b/fwd | 1,531 |
| Charge for the year | 266 |
| Balance c/fwd | 1,797 |
| Net Book Value at 31 March 2024 |
868 |
| Net Book Value at 31 March 2023 |
1,134 |
7 Staff expenses
The trustees received no expenses, remuneration or benefits in the period.
8 Related party transactions
There are no related party transactions to be reported.
9 Going concern
The income of the charity has fallen significantly, the trustees have taken steps to reduce the expenditure accordingly and are seeking further sources of donations to address the issue of the negative general funds at the year end.
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