## **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||||||||| |_Total_**_fixed_**_assets_|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 LUAlJG￿A 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 aprI￿ble 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 appI￿ab￿ requirements Con￿rn1r@ 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