## **Trustees Annual Report 2021/2022** 



It has been a wonderful year here at SAFE. Covid restrictions finally becoming a thing of the past, we have been able to get back to our normal engaged activities, face to face with our lovely benficiaries and volunteers. 

We have continued running our BIG Lottery funded Global Citizenship sessions to young people in Wales, with participant levels almost back to pre-covid numbers, it has been a joy to get back to full delivery of this amazing programme. We have worked with several partners, notably Inspire Swansea, Youth Service Caerphilly, Niche Teach who have all gone on to create fundraising events for SAFE after being inspired to get involved following the GC course. 

We have delivered extra sessions with an additional focus on mental health issues that young people have faced due to the 

coronavirus pandemic. 

We were asked to be involved in the Women For Resources International Zoom, where we talked about Environmental Citizenship with women from across the globe and how we can make changes to our lives to reduce our impact on the environment. 

We have run several events, from the fun of a life drawing lesson, to clothes swaps and fundraising feasts. 

We have settled into our new offices at Meanwhile house. 

Our international communities have also made progress with getting back to normal life. 

We have funded the building of a sanitation block in Sierra Leone at our project in Kankaylay primary school, increasing access to safe sanitation for all the children who attend. 

We have provided a grant to our project MYWA in India to assist the teachers to work with children at home, visiting villages and teaching outside in small groups. 

We have provided emergency relief to our project WCDT in India to cover foodstuffs and PPE equipment to enable our partner charity to continue to work with the beneficiaries. 

The Ethical Boutique shop continues to be a success, with Hannah C managing and bringing her positivity and creativity to the space. This provides an income stream to SAFE increasing our sustainability and diversifying the ways in which we bring in income to run our programmes. 

We currently have a full board of 8 trustees with a wide range of skills and energy to steer the SAFE ship over the course of the next year and beyond. 

As always we want to take this opportunity to thank all of our supporters, members and partners as well as the incredible volunteers we work with - all of which we wouldn’t be able to deliver the support that we can to the brilliant communities that we do. 



## Financial review 

Income decreased by £50,837 and expenditure decreased by £21,399 compared with last year. Income exceeded expenditure by £22,823. This means that the reserves at the year-end have increased from £81,160 at 31 March 2021 to £103,983 at 31 March 2022. 

## Reserves Policy 

The Reserves Policy is to maintain a sufficient level of reserves, excluding any restricted reserves, to enable normal operating activities to continue over a period of 3 months should a shortfall in income occur and to take into account potential risks and contingencies. The trustees have calculated that for 2022/23, this should be around £23,000. The balance on the unrestricted reserves minus funds allocated for project delivery at the year-end currently stands at £78,385. 

We have been very fortunate to have received support from many different sources, from our funders, individual givers, supporter members to people supporting the ethical boutique with clothing donations and shopping face to face or online. We have managed to end the 2022 financial year with a healthy amount of reserves to see us into the forthcoming financial year with energy, passion and the means to support people around the world and in the UK. 

Our funders this year have been BIG Lottery, WCVA (Wales 4 Africa), WCVA (VSRF), Awards 4 All and the Moondance Foundation. 

We want to say a big thank you to all our funders and supporters for their continued endorsement of the work we do at SAFE. 


Mark Dickenson Chair of Trustees 


Rachel Luxton Trustee 



THE S.A.F.E. FOUNDATION
RECEIPTSAND PAYMENTS ACCOUNT
Year Ended 31 March 2022
2022
Total
2021
Total
Unrestrirted Re5trlrted
RECEIPTS
Grants and donation5
Short term loans
Investment income
51,128
95,151
146,279
192,314
4,800
51,129
95,151
146,280
197,117
PAYMENTS
Fundraising costs
Prolect costs
Staff costs
Bank charges
Insurance
Accountancv
Professional fees
Office costs
Sundry expenses
Project expenses returned
Loan repayments
TOTAL PAYMENTS
716
2,366
4,036
265
716
37,155
69,038
265
466
67,774
58,505
327
577
750
1,096
355
206
34,789
65,002
500
500
49
49
15.73S
15,735
14,800
144,856
23,666
99,791
123,457
NET RECEIPTS
27,463
4,640
22,823
52,261
Transfers between funds
CASH FUNDS LAST YEAR
50,922
30,238
81,160
28,899
CASH FUNDS THIS YEAR
78,385
25,598
103,983
81,160

THE S.A.F.E. FOUNDATION
STATEMENT OF ASSETS
As at 31 March 2021
2022
2021
A55ets:
Bank current account
Bank reserve account
80,983
23,000
103,983
76,748
4,412
81,160
Representlng balances on the followlng:
Unrestricted Funds
Restricted Funds
Note I
Note 2
78,385
25,598
103,983
50,922
30,238
81,160
We conflrm that the receipts and payments account and statement of assets are a true
reflection of the charlty's activities and financial position for the year ended 31 March
2022
These accounts were approved by the tru5tee5 on .
on their behalf by;
3010112023
and signed
Sign
Prlnt
Trustee

THE S.A.F.E. FOUNDATION
NOTES TO THE ACCOUNTS
Year Ended 31 March 2022
Note l. Unrestrirted Funds
Balance at
Incoming
l April 2021 Resources
Outgolng
Resources
Fund
Transfers
Balance at
31 Mar 2022
General Funds
50,922
51,129
123,6661
78,385
Note 2. Restrlcted Funds
Balance at
Incoming
l Aprll 2021 Resources
Outgolng
Resources
Fund
Transfers
Balance at
31 Mar 2022
Big Lottery Grants:
Awards for All (Wales)
Big Lottery COVID Relief
People and Places
Moondance
Track 2000
VSRF IWCVAI (Note 31
WCVA Wales4Africa
9,770
8,477
1,774
5,000
983
3,348
886
30,238
19,7701
18,4771
162,6361
15,0001
84,591
23,729
983
10,560
113,9081
886
25,598
95,151
199,7911
The Awards for All Wales grant was received for delivering peer to peer global citizenship training with
elements built in to deal with the rise in poor mental health in young people as a result of covid-19.
The People and Places grant was for £290,644 in instalment5 Over 4 years towards a project entitled 'Global
Education with a digital twist" This is a global titizenshlp programme that will build the skills and increase
engagement of youn8 people In their communities. The project Is benefitting around 600 young people
aged 16 to 25 and uses new technologies to develop and provide opportunities for progression into further
training and work experience.
The National Lottery Covid Relief grant was received to support our core work and to sustain engagement
wlth volunteers during the tovid-19 pandemic.
The Moondance Foundation provided a grant to support our international work in India, Uganda and Sierra
Leone during the covid-19 pandemic.
The WCVA Wales 4 Africa grant was received to support our beneficiaries in Sierra Leone with emergency
rations of food and water, as well as PPE equipment, and counsellor5 to the most vulnerable families in our
beneficiary group during the covid-19 pandemic.
The WCVA VSRF (Voluntary Services Recovery Fund) Erant was received for delivering peer to peer global
citizenship training with elements built in to dea5 with the rise in poor mental health in young people as a
result of covid-19.
Note 3. Expendlture Against VRSF Grant

In March 2021 an amount of £11,520 was paid to a training provider which was funded by the VRSF Grant
from the WCVA. Unfortunately the provider in question was unable to deliver the course within the
stipulated timescale, and in August 2021 £10,560 was returned to the charity, representing the full amount
less certain agreed costs. The grant provider has confirmed that this amount can be re-used against eligible
expenditure.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE S.A.F.E. FOUNDATION
I report to the trustees on my examination of the financial statements of The S.A.F.E.
Foundation I'the charity'l for the year ended 31 March 2022.
Re5pon5ibilities and basi5 of report
As the trustees of the charity vou are responsible for the preparation of the financial
statements in accordance with the requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the charity's financial statements as carried out under
section 145 of the Act. In carrying out my examination I have followed the Directions given by
the Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I conflrm that no material matters have come to mv
attention in connection with the examination giving me cause to believe:
accountin8 records were not kept In respect of the company as required by Section
130 of the Act,, or
the financial statements do not accord with those records,. or
the financial 5tatement5 do not comply with the applicable requirements
concerning the form and content of accounts Set out in the Charities (Accounts and
Reportsl Regulations 2008 other than any requirement that the accounts give a'true
and fair, view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Katherine Bresner MAAT of RKC Accountancy Ltd
Unit B2
Rainbow Business Centre
Enterprise Park
Swansea
SA7 9FP
Ih
Date.. 27 January 2023