Trustees’ Annual Report for the period
From 01/01/21 Period start date To 31/12/21
Period end date
Charity name: Project Luangwa
Charity registration number: 1119335
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To assist in the provision of education and educational facilities in Zambia. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Construction and refurbishment of classroom blocks, administration offices, dormitories and toilet blocks. Sponsorship of students at secondary and tertiary level and financial support of additional teaching staff. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have read the ‘Guidance on Public Benefit: reporting’ parts 1 to 6 and reviewed in relation to charity activities. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During this period, the project has supported the following: • 161 students sponsored through school and university • 1,200 children provided with enhanced maths programmes • 25 schools supported through programmes and infrastructure projects • 4,000 hygiene pads to vulnerable girls to enable increased attendance at school • 9 major schools construction projects • 300+ children supported in gender clubs |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity maintains a small reserve which is available for unexpected requirements. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | |
|---|---|---|
| You may choose to include further statements | where relevant about: | |
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The main source of funds for this period continues to be donations from visitors into Luangwa region of Zambia. All funds have been deployed to meet the objectives. All administrative costs are met by the individuals who support the charity. The source of income will be reviewed in 2022 to ensure its diversity and robustness. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees appointed by the Trustees. No changes to Trustees in this period. |
Additional information (optional) You may choose to include further statements where relevant about:
TrusteElearning online Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any Para 1.51 related parties Other
Reference and Administrative details
| Charity name | Project Luangwa |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1119335 |
| Charity’s principal address | c/o George Fentham Meeting Rooms Marsh Lane Hampton-in-Arden Solihull B92 0AH |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Samantha Adams | Chair | |||
| Edward Thorpe | Trustee | |||
| James Dawson | Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
| Project Luangwa | Project Luangwa | Project Luangwa | Charity No (if any) |
1119335 | |
|---|---|---|---|---|---|
| Annualaccountsforthe period | |||||
| Period start date | 01-Jan-22 | To | Period end date |
31-Dec-22 |
Section A Statement of financial activities
| Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 Reconciliation of funds: S21 S22 Total Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 |
|---|---|---|---|---|---|
| 480,336 | - | - | 480,336 | 357,603 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | ||
| - | - | - | - | - | |
| 36 | - | - | 36 | 4,000 | |
| 480,372 | - | - | 480,372 | 361,603 | |
| 3,325 | - | - | 3,325 | 2,366 | |
| 381,610 | - | - | 381,610 | 299,355 | |
| - | - | - | - | - | |
| 4,409 | - | - | 4,409 | 2,818 | |
| 389,344 | - | - | 389,344 | 304,539 | |
| 91,028 | - | - | 91,028 | 57,064 | |
| - | - | - | - | - | |
| 91,028 | - | - | 91,028 | 57,064 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 374 - |
- | - | 374 - |
3,349 - |
|
| 90,654 | - | - | 90,654 | 53,715 | |
| 121,131 | - | - | 121,131 | 67,417 | |
| 211,785 | - | - | 211,785 | 121,131 |
| r/) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q) | |||||||||
| ~ | |||||||||
| Q) | |||||||||
| u C: |
Restricted | ||||||||
| ro "O "5 (.!) |
Unrestricted funds |
Income funds |
Endowment funds |
Total this year |
Totallast year |
||||
| Fixedassets Intangibleassets (Note15) |
801 | £ F01 |
£ F02 |
£ F03 |
£ F04 |
£ F05 |
|||
| Tangibleassets (Note14) |
802 | ||||||||
| Heritageassets (Note16) |
803 | ||||||||
| Investments (Note17) |
804 | ||||||||
| Totalfixedassets | 805 | ||||||||
| Currentassets | |||||||||
| Stocks (Note18) |
806 | - | - | - | - | ||||
| Debtors (Note19) Investments (Note17.4) Cashatbankandinhand(Note24) Totalcunentassets |
so1 soo 809 010 |
13705 - 198,081 211,785 |
- - - - |
- - - - |
13705 - 198,081 211,785 |
- 18796 - 102335 121131 |
|||
| Creditors:amountsfallingduewithin | |||||||||
| oneyear (Note20) |
011 | ||||||||
| Netcunentassetsl(liabilities) | 012 | 211,7851 | - I | - I |
211.7asI |
121,131 |
|||
| Totalassetslesscunentliabilities | 013 | 211 ,785 | - I | - I |
211,785 |
121,131 | |||
| Creditors:amountsfallingdueafterone | |||||||||
| year (Note20) |
014 | ||||||||
| Provisionsforliabilities | 01s | ||||||||
| Totalnetassetsorliabilities FundsoftheCharity |
8 16 | 211 ,785I | -I |
-I |
211,7851 | 121,131 | |||
| Endowmentfunds(Note27) | 0 11 | - | - | - | |||||
| Restrictedincomefunds(Note 27) | 0 10 | - | - | - | |||||
| Unrestrictedfunds Revaluationreserve |
0 10 020 |
I | 211785 |
- | 211,785 | 121131 | |||
| - | |||||||||
| Totalfunds | 021 | I | 211,785 |
- | - | 211,785 | 121131 | ||
| Signedbyoneortwo trusteesonbehalfofall | |||||||||
| the trustees | Signature | Print Name | |||||||
| Samantha | Adams |
Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by ✓ FRS 102.*
- -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support Not applicable the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
| Yes No |
✓ | * -Tick as appropriate | * -Tick as appropriate |
|---|---|---|---|
| Please disclose | : | ||
| (i) the nature of | the chan | ge in accounting policy; | |
| (ii) the reasons provides more r and |
why appl eliable an |
ying the new accounting policy d more relevant information; |
|
| (iii) the amount in the current p the aggregate a periods before t |
of the ad eriod, eac mount of hose pre |
justment for each line affected h prior period presented and the adjustment relating to sented, 3.44 FRS 102 SORP. |
|
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
| Yes No |
✓ | * -Tick as appropriate | * -Tick as appropriate |
|---|---|---|---|
| Please disclose | : | ||
| (i) the nature of | any chan | ges; | |
| (ii) the effect of assets and liabi |
the chan lities for t |
ge on income and expense or he current period; and |
|
| (iii) where pract more future per |
icable, th iods. |
e effect of the change in one or | |
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
| Yes ✓ -Tick as appropriate |
|
|---|---|
| No* | |
| Please disclose: | |
| (i) the nature of the prior period error; | |
| (ii) for each prior period presented in the accounts, the | |
| amount of the correction for each account line item | |
| affected; and |
(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.
CC17a (Excel)
23/02/2024
1
(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts . Section A rn. . Independent Examine*s Report Report to tho trustees P KoT£oT LUAlJGA On accountg for the year ended Charity no {if any) 3 1 D C LolL 1119335 Set out on pages I report to the trustees on my examinats.on ofthe charity {'Ihe Trusfi for the year ended 3 (thunls of the above Responsibilities and basis of report As the charity's trustees. you are respor6ible for the preparation of the accounls in accordance with the requirements ofthe Charits"es Act 2011 I'the Acl'l. I rewirt in respect of my examination of the Trust's accounts carried out under seelion 145 of the 2011 Act and in carying out my exarninalion. I have followed all the aprIble Directions gwen by the Charity Commission under section 145(5}Ib) of the Act. Independent IThe chanty's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of I&•$$ I have completed my examinalion. I confimi that no material matters have come lo my allenbon in connecb'on with the examination di6810} which gtves me cause to believe that in, any material respect.. the accounting records vEre not kept in a¢da with section 130 of the Charib'es Act", or the accounts did not aco)rd wlh the &counling records." or the accounts did not comply with the appIab requirements Conrn1r@ the fomi and content ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'tnJe 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 th the examination lo which attention should be df2wn in this report in order lo enable a proper underslandiThJ ofthe accounts to be reached. Ple delete the words in the brackets if they do not apply. Signed: Date: Lol Name: PAk)L ToHfvJ WHITFIC Relevant professlonal qualilicationlsl or body ftssoLIAII otsj of CH ALI 6LA) Qwifii (L) A c(thh74 IER Oct 2018
lif any): c&..£rithri fo vM86t Oo * FS95 Address: Ovhj G CLO G% 3&T Section B Disclosure Only complete if the examiner needs lo highlight material matters ol concern Isee CC32, Independent examinats.on of chanty accounts.. directions and guidance for examineis). Glve here brief details of any itèms that the examiner wishes to disclose. IER Oct 2018