Tea Leaf Trust Registered Charity Number: 123427 Trustees, Report and Financial Statements For the Year Ended 31 December 2020
Tea Leaf Trust Trustees, Report 31 December 2020 Table of Contents l. Reference and Administrative Details 2. Message from the Chair 3. Objectives and Activities 4. Impact 5. Fundraising Review 6. Financial Review 7. Forward Strategy io 8. Trustees, responsibilities in relation to the accounts 12
Tea Leaf Trust Trustees, Report 31 December 2020 l. Reference and Administrative Details The trustees present their report with the financial statements of the charity for the year ended 31 Decernber 2020. The trustee5 have adopted the provi5i0n5 of the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charitie5' issued in March 2015. Registered Charity number 123427 Prlnclpal offite 2 Miles Cross Cottages Miles Cross Symondsbury Bridport Dorset Trustees Caoimhe Ni Eochagain120141 Emma Richards120201 James Houston120191 Laurenne Ajayi120161 Stéphanie Ray120191 Tim Pare120081 Yasmene B. Shah120081 Naveen Subr3maniam120211 Independent Examiner Hilary Adams Strurture. Governance and Management Govèrning dotument Tea Leaf Trust is a charity registered in England and Wales. The charity (registered charity number 1234271 was entered on the Register of Charities on 3 April 2)8. The charity is overseen by its Board of Trustees to raise funds and work in partnership with Tea Leaf Wision Centres for Professional Development to deliver educational development projerts in Sri Lanka. The area5 of primary focus for our work are the tea estate area5 and surrounding towns and villages. The Trustees meet on a quarterly basis to review expenditure. set priorities and review progress against strategic goals and key performance indicators. They also provide mentoring and guidance to the Central Team of Tea Leaf Vision, who lead on the development and expansion of the organisation in Sri Lanka. Trustees undergo a formal recruitment and selection process and are given the training considered necessary to perform their role effectively. Risk managemènt The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place. Measures are in pla to ensure this happens on an annual basis.
Tea Leaf Trust Trustees, Report 31 December 2020 2. Message from the Chair Despite 2020 being a very challenging year the world over, it proved parricularly so for the tea communities in Sri Lanka. We are very proud to Say that this did not hinder the pa55ion and commitment of the Tea Leaf Vision staff teams to support our students, their families and the wider communities we serve. All of the Tea Leaf Vision ITLVI Centres for Professional Developrnent were c105ed in line with government guidelines for the majority of the year and our outreach programmes were suspended. yet the staff teams of TLV adapted to the situation to provide fe, high quality education for young people through online mediums. Despite the di5ruption5, a total of 341 students participated in various courses through our three centres now operating in Sri Lanka, with over 47,IK)O community members benelitbng frorn their service projerts. Students whose studies were disrupted last year were offered the chance to study with TLV again in 2021. In addition. the Employability Department worked hard to address the increased unemployment rate amongst alumni due to COVID-19 and its impact on key sectors such as the tourism industry. They suctessfully set up new channels for employment through organisations such as the Ethical Tea Partnership Sri Lanka. In addition, Tea Leaf Trust leveraged its membership on the Global Giving platform to raise funds that enabled the teams in Sri Lanka to respond to the impart of the COVID-19 pandemic on tea communities. The staff teams went from running educational centres to also coordinating a humanitarian operation that supplied vital f¢)od and medical supplies to member5 of the m05t 1501ated and impoverished communities in the country. Tea Leaf Trust and the local team raised nearly $20.000 and reached 2,147 families - over I3.0 people. The Central Team continued to prioritise the emotional wellbeing of our students, staff, alumni and community throughout this challenging context as well as supporting the government response. TLV continued to progress as an organisation in a myriad of ways. The partnership with T-Field Child Development Federation. who support the implementakn.on of our 'satellite' centre in Talawakelle, was strengthened while new partnerships were developed. Tea Leaf Trust signed two MOU5 Wlth ethical tourism companie5 in advance of tourism returning to the country. We also successfully diversified our funding streams by forging partnerships with four tea companies to receive a small share of their profits while simultaneously raising awareness of the work Tea Leaf Trust does. The Teacher Training initiative made possible through the Rotary Teacher Trainirhg Global Grant programme progressed well by adopting a blended approach of online and in- person delivery. when the situation would allow. A total of 19 government school teachers engaged in classes focused on improving English language skills and conh"den¢e in teathing English. The new teaching and staffing model which preserves the quality of education, reduces running costs and increases our output of qualifi'ed teachers to support our expansion was successfully piloted in 2020 in our centre in Nuwara Eliya, and will now be introduced in Maskeliya.
Tea Leaf Trust Trustees, Report 31 December 2020 One of the biggest successes of 2020 was the Central Team securing the largest @rant ever awarded to TLV through Kindernothilfe, a German NGO. Kindernothilfe are now partnering with TLV to set up women's self-help groups throughout the tea estates that will champion the right5 of women, children and tea estate cornmunities more broadly. The Central Team completed a comprehensive feasibility study a5 part of the process. They have undergone training and implementstion is due to start in early 2021. a new venture that has brought great excitement with it. It is with great pride and gratitude that I wrtte this. De5Plte 2020 throwing all it could at the team5 in Sri Lanka, they continued to deliver on the vision and mission of TLV with integrity. grit, ernpathy and compassion. Yet, they also went above and beyond by continuing to progress the organisation and responding to the needs of those most marginalised in their communities in a way they had never done before. It goes without saying, they are the heart of Tea Leaf Vision and invaluable role models for their students and the communities we serve. From all of us at Tea Leaf Trust. I would like to take this opportunity to extend our thanks both to everyone who has supported us, and to the staff in Sri Lanka who are responsible for this success. We couldn't do this without you. With warm regards. Caoimhe Ni Eochagain Chair, Tea Leaf Trust
Tea Leaf Trust Trustees, Report 31 December 2020 3. Objectives and Activities The objectives of the charity are= l. Assisting people to obtain and retain employment through trainin& imparknng skills. education, and Creation of opportunity,. Helping people of low income or in poverty regardless of their religion, culture gender or personal situations.. 3. As515ting in building and construthon projects that will provide shelter and infrastructure for local people for enhancement of their education. and of their standard of life through the development of agriculture, industry, trade. water supply and sanitation.. and 4. Any other acbvities necessary for or ancillary to the foregoing objects. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives. 3.1 Why We Do It Despite arriving in Sri Lanka over 160 years ago. little has changed for the Indian-origin Tamil communities who pick some of the world's best quality tea. Private tea companies and government have established systems to cultivate a dependent, uneducated workforce. Ignoring basic human rights, the hopeless Servitude results in complex Social problem5 including high rate5 of alcoholism and domestic violence. With a lack of both formal and informal 5LlPPOrt systems for youth. incidences of deliberate self-harm and suicide are higher in the tea plantations. where we work. than other parts of Sri Lanka and this within a country that has the 4th highest rate of suicide in the world. Young people frorn the tea estates are often discriminated against when seeking employment a5 they are seen as inferior and incapable third-cla55 citizens. Poverty causes estate youth to drop out of school to support family incomes: in a country where only 6.7% of the 20 million population live in extreme poverty, 80% of the young adults attending our centres live on less than $1 a day. These young adults remain trapped within the tea estate system, or take exploitative and dangerous work as domestic servants or labourers in urban areas. Our role in service of the tea estate communities remains flexible in response to need, demonstrated significantly over the course of this year. The impact of the lockdowns caused by COVID-19 - alongside the terrible effett of the pandemic itself - have hit the tea estate communities hard, where people live hand to mouth and not being allowed out to work means not being able to feed them5elve5 or their familie5. 3.2 What We Do The aim of the Tea Leaf Vision Centres is to facilitate the development of tea estate communities through practical and relevant education. The education provided is focused on supporting young people to be equipped with the appropriate skills for the form31 job market and to build their emotional resilience. The curriculum focuses on= English language proficiency,. businesslentrepreneurship and l.T.- professionalism and ernployment support,. community Service,. personal development- and emotional health. Tea Leaf Vision is unique. The two main educational centres in Maskeliya and Nuwara Eliya and the satellite centre we run in Tallawakelle in partnership with T-Field are run by a staff team all under the age of 35 and all of whom are graduates of the programme themselves. As these staff are from the local tea estates they provide strong, positive role models for their communities and have in-depth insight into their students, lives. In addition to acbvities provided through the centres. Tea Leaf Vision makes a significant impact on the communities it serves. facilitated by the insight of both staff and students.
Tea Leaf Trust Trustees, Report 31 December 2020 4. Impact In 2020, Tea Leaf Vision implemented both educational and community service projects that dirertly impacted at least 61.308 people. even with the difficulties faced in programme delivery resulting from COVID-19 disruption. Whilst the Community English Programme and Children's Activity Programme were not able to run as a result of the disruption caused by the COVID-19 pandemic. a programme of community support was established, reaching 13,660 people who were in need as a resLJlt of lockdown restrictions. Thi5 is additional to the Main and Advanced Diplomas run at the Tea Leaf Vision's three main centres, TLV Maskeliya. established in 2010.. TLV Nuwara Eliya. established in 2017.. and TLV Tallawakelle, established in 2019 and commencing operation in 2020. run in partnership with T-Field. 4.1 Impact in Numbers Yearl Programme. Annual Total MD AD CEP BEP CRP 2010 ioi 650 113 NIA NIA 2.864 2011 107 li 590 3043 1507 162 NIA NIA 5.420 2012 155 12 1750 1820 2611 216 NIA NIA 6.564 2013 148 13 1895 19LMX) 1877 288 NIA NIA 23.221 2014 135 17 1932 10889 2855 235 NIA NIA 16.063 2015 146 15 1885 26315 2024 254 NIA NIA 30,639 2016 155 15 1864 46,165 2016 331 NIA NIA 50,546 2017 233 14 2045 35340 2068 258 NIA NIA 39,958 2018 261 12 2104 62,149 2123 210 NIA NIA 66.859 2019 236 836 81,748 2,091 381 NIA NIA 85.300 2020 304 17 47,268 19 13,660 61,308 Total 1.981 134 15551 335.737 19.172 2.488 19 13,660 388,742 ** Concelledos o result of COVID-19. Please note that some figure5 from previous year5 have been updated to accurately reflect programme reach in response to updated monttoring and evaluation data. able Key MD- Main Diploma AD- Advanced Diploma CEP- Community English Programme SP- Service Projetts CAP- Children's Activity Prograrnrne BEP- Basic English Programme TTP- Teacher Tr8ining Programme CRP- COVID-19 Relief Progrnme
Tea Leaf Trust Trustees, Report 31 December 2020 5. Fundraising Review In line with our shift to a leaner. more efficient delivery model at the Centres. our fundraising efforts have reflected our transition to a new. diverse funding strategy.. without the ongoing support of our long-term funder, the LBR FoLJndation. we have worked hard to build and strengthen new and existing relationships to ensure we are able to conkn.nue fundirhg our important work. Trusts and Foundations Though funding was provided for 2020. the partnership with our primary funder- LBR Foundation - was paused going forward due to the impatt of the pandemic. 2020 represented the final year of The Fore Grant i£io,tWl, whith for the past three years has covered central team core cost5. In response to global health crisis. Tea Leaf Trust secured a Global Giving Microgrant worth $1.CKJ) USD, and additional funding was secured from The FO RAFT (Rapid Response Grant) worth £5,000. Partnerships The Centr31 Team worked hard to secure funding from Kindernothilfe, with the project commencing early in 2021. We have built several partnerships with tea companies. including Thieves Tea. who have committed to donating a porhon of their prolits on a quarterly basis. Other partnerships include new relationships with Gecko Sri Lanka and SCOT. Our ongoing relationship with Rotary continues to be a meaningful source of support= The Rotary Clubs of Keswick, Seaford, Guernsey and Sidcup have all supported us with small grant5 that have had a big impact. whilst Rotary International and the Rotary Clubs of Bathavon and Colombo West have been critical in facilitating the Rotary Teacher Training project. We commenced a new relationship with Great Speech Writing, which has made a small grant to support our Speech and Advocacy work. Crowdfvnding & Philanthropic Platforms Tea Leaf Trust has had incredible succe55 through Global Giving. one of the largest fundraising platforms globally. It is through Global Giving that we were able to launch a successful campaign to raise funds nearly $20.000 - to allow the team on the ground to distribute much needed resources to tea estate families during the pandemic. We would like to thank everyone who has supported Tea Leaf Trust in 2020 and over the years.. one-off donors, regular donors. trusts and foundations. corporate partners and everyone in between. Your support is the reason we have been able to continue this work. for which we are extremely grateful.
Tea Leaf Trust Trustees, Report 31 December 2020 6. Financial Review Tea Leaf Trust is the UK registered charity that exists to support the development and delivery of our work in Sri Lanka. In Sri Lanka. Tea Leaf Vision is registered as a separate organisation, with full permission to operate in country. One of the key components of the role of Tea Leaf Trust in the UK is raising funds to facilitate this work. All of Te3 Leaf Trust's programmes are delivered in Sri Lanka, so whilst funds raised in the UK lor elsewhere) may go through the UK accounts, almost all expenditure other than administrative costs representing less than 1% of overall expenditure and covered by donations from the Board - occurs in Sri Lanka. As suth, the UK income generated and ¥dministrats"ve costs incurred are discussed irh the following secbons specifically. However to present a reflective view of the overall operations of Tea Leaf Trust and Tea Leaf Vision. the tables in the final section are included to give a complete representation of the overall finances of the organisation in the UK and Sri Lanka. based on an average exchange rate for 2020 of IGBP- 243.96 LKR. 6.1 Income The charity received support from organisations and individuals from within Sri Lanka, including LBR Foundation Sri L3nk3 and T-Field CDF, the latter of which funded the opening of 3 third satellite teaching centre in Tallawakelle. Over £6,(KX) was raised within Sri Lanka a5 part of an initial emergency COVID-19 appeal in March 2020. whilst other local donations reduced compared to 2019. The income received and costs incurred from within Sri Lanka are audited independently to national quirementS within Sri Lanka. In 2020, we launched one emergency COVltk19 appeal and continued to raise funds through the GlobalGiving platform, as well a5 entering into several partnerships with tea busine55es to support the diversification of our donor base. Our partnership continues with Amma, a social enterprise in the tea estates to which Tea Leaf Trust provides strategic and operational support. The pie chart below shows the split of OUT UK income only. with our financial strurture and full income and expenditure detailed in the tables below. UK income- 2020
Tea Leaf Trust Trustees, Report 31 December 2020 6.2 Administrative Costs Tea Leaf Trust only employs local staff in Sri Lanka. with UK operations run by volunteers. As a result. UK administrative costs represent around 1% of the entire charity expenditure. A further IO% fLJnds our Central Team in Sri Lanka who manage the projetts on the ground, working to deliver programme expansion and ensuring the curriculum as well as Staff development are of the highest standard5. funded primarily by The Fore in 2020. The remaining 9(PA is spent d1CtlY on projects. 2020 Income- UK and Sri Lanka Category Item Amount- 2020 Amount- 2019 Grants Grants- UK £55,733 £31,497 Grants- SL £31,956 £44,063 Earned Income Volunteer Programme £100 Earned Income- interest income l+ UKpoid contrott reseorch in 2020) £2.449 £1,979 Amma £5.872 £20.733 Earned Income TLV (schoolfres, privote tlosses. bu5inessfuir) £3.538 £10.463 Donation5 Donation5- UK £18,02S £12,919 Gift Aid £2,153 £808 Donations- SL £7,445 £6,018 Other £3,053 TOT £127.171 £131.633 Of which Sri Lonko £50,780 £86,409 OAwlKh UK £?692 £45,224 2020 Expenditure- UK and Sri Lanka Location Expenditure Amount- 2020 Amount- 2019 SL Central Tearn + admin cost5 £12,082 £14.081 TLV Ma5keliya - Centre £30,635 £31.110 TLV Maskeliya - Tea Leaf Trust £7.194 TLV Nuwara Eliya £22.601 £37,841 TLV Palmerston £5.403 £1,694 Mobile Library Project £3,389 £6,003 Amrna £22,565 £21,239 Teacher training £3,182 COVID-19 response £18.202
Tea Leaf Trust Trustees, Report 31 December 2020 Kinder Not Hilfe programme UK Fundraising costs £136 Trustee expenses £335 £567 Administrative costs £760 £656 £119240 £120,552 Reserves Policy The Trustee5 aim to hold a minimum of three months. Salaries for our local staff in reserves. The charity 15 operating within their reserves at the year end.
Tea Leaf Trust Trustees, Report 31 December 2020 7. Forward Strategy Tea Leaf Trust has expanded from one to three centres in the last three years, as well as launching an English Teacher Training programme in 2020, 5UPPQrted by Rotary International and targeting government school English teachers with poor English language skills. In addition to this, our partnership with Kindernothilfe is now underway. following a feasibility and assessment phase. training for staff and recruitment of alumni as coordinators to roll out the programme in their respective communities. We are proud to say that we have funding in place to meet the costs of our projetts for 2021. In 2020, our partnership with our primary funder, LBR Foundation, was paused for 12 rnonth5 due to the impart of the pandemic. This has necessitated an increased effort in fundraising for 2022 and beyond. We aim to continue to expand in addition to diversifying our funding and income streams over the next three years 12021- 20231 whilst continuing to support families and communities being disproporhonately affected by the pandemic and the lockdowns. 7.1 Update: COVID-19 With COVID-19 sweeping the globe. the communities that are worst affected are those with poor infrastructure, high population concentration and malfunctioning governments, of which Sri Lanka has all three. Te3 estate workers are daily wage earners and the global downturn is seein8 many of their livelihood5 affected. With poor and inaccessible health services, a government that 5ee5 them a5 third- class citizens and elders having to work past retirement to survive. COVID-19 is wreaking havoc. This continues to be true a year on after the pandemic hit in March 2020. with Sri Lanka facing yet another lockdown due to increased rates lat the time of wrikn.ng May 20211. Over 2020, Tea Leaf Trust's grassroots network of 1,891 alumni living in over 60 estates in the tea plantation 3rea% of Sri Lanka, identified 13,660 of those in the m05t need and offered communities and individual farrilie5 5UPPOrt. Thi5 included.. Ensuring they can access essential medicines. Ensuring they can access basic food supplies lflour, rice, lentils, sugar, tinned fish) during lockdown periods until their work resume5 andlor the government intervene5 Wlth social welfare support packages. This work will continue throughout 2021 and beyond as much as is possible, and as the situation necessitates. The fundraising campaign on the platform GlobalGiving will continue in order to support its delivery. 7.2 Expansion Tea Leaf Trust aims to open three new satellite centres in some of the most isolated and in-need tea communities in Sri Lank3 - bringing our total number of centres to six - by 2023. We also plan to assess the viability of opening our first TLV Cerhtre for Professional Development in another tea producing country. Following an assessment of the effectiveness and impart of the Teacher Training programme. Tea Leaf Trust plans to scale the programme in partnership with the relevant government departments to engage a higher number of schools and teachers, incorporating the lessons learned through the initial period of delivery. io
Tea Leaf Trust Trustees, Report 31 December 2020 7.3 Fundraising Tea Leaf Trust has funding in place to meet the cost of our projett5 in 2021,. however, we continue to work hard in pur5UIt of long term financial partnerships in order to secure stability to allow the programmes and staff in Sri Lanka continuous delivery and impact. Due to the pausing of funding support from LBR Foundation Sri Lanka and the end of the partnership with The Fo, there is a critical need to secure core and proÉrammatic funding to enable us to effectively sOurce our proErammes from 2022 and beyond. A broad portfolio of funding opportunities will be explored going forward, in line with our 2021-2023 strategic plan. Tea Leaf Trust's first major crowdfunding initiative will kickstart our fundraising efforts to coincide with International Tea Day in May 2021, with aim of raising a total of E25k. There will be renewed focus and impetus to drive regvlar applications to a pipeline of trusts and foundations. and we will.. continue to build on partnerships with companies operating in the tourism industry, when it resumes, to offer educational tours of our centS and the tea estates,. leverage national and international corporate social responsibility programmes to 5e(urÈ corporate 5ponsor5 for our programming,. look into Streamlined methods of facilitating alumni contributions and other means of 5UPPOrt,' seek corporate partners for each of the centres: and cultivate relationships with various funding organisations and individuals. The primary fundraising priorities for Tea Leaf Trust and TLV in the coming year are as follows.. Tea Leaf Vision N[wra Eliya Donations and grants from various bodies and individuals have provided funding to support Tea Leaf Vision Nuwara Eliya. Tea Leaf Trust is looking to diversify funding by approaching relevant groups and companies that could support the Centre through their CSR programmes. Central Team The Central Team are the core team managing Tea Leaf Trust acbvities in Sri Lanka. This team is not only strategically relevant. but is critical to Tea Leaf Trust's aims= ensuring the quality of Tea Leaf Trust programmes, managing the expansion of Centres and programming and securing opportunities in Sri Lanka that are relevant to Tea Leaf Trust's mission and vision. While funding is secured for 2021, we are currently looking to secure funding for future years through variou5 grants from diverse funding streams. Expanslon Tea Leaf Trust will actively look for partnerships to open new Centres - both full and smaller satellite centres when the opportunity arises. We look for a minimum fvnding commitment of three years from partners and have a regularly assessed and reviewed list of tea estate locations that need our support. li
Tea Leaf Trust Trustees, Report 31 December 2020 8. Trustees. responsibilities in relation to the accounts The Charities Art 2011 requires the trustees to prepare accounts for each financial year which @ive a true and fair view of the State of affair5 of the ch3rtty and of the incoming resource5 and application of resources, including the income and expenditure, of the charity for that year. In preparing these accounts. the trustees are required to: Selert suitable accounting policies and then apply them consistently- Observe the methods and principles in the Charitie5 SORP,. Make judgements and estimates that are reasonable and prudent,. and Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. iv. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detechon of fraud and other irregularities. 20June 2021 Approved by the board on .................. Signed on behalf of the board of trustees Laurenne Ala¥1 Trustee 12
| Charity Name THE TEA LEAF TRUST |
Charity Name THE TEA LEAF TRUST |
Charity Name THE TEA LEAF TRUST |
Charity Name THE TEA LEAF TRUST |
Charity Name THE TEA LEAF TRUST |
Charity Name THE TEA LEAF TRUST |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 01/01/2020 |
To | Period end date 31/12/2020 |
||||
| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ 18,857 2,152 - - - - - - 21,009 - - - 21,009 14,758 335 - 760 - - - - - 15,853 - - - 15,853 5,156 - 15,981 21,137 |
Restricted funds to the nearest £ 55,382 - - - - - - - 55,382 - - - 55,382 55,382 - - - - - - - - 55,382 - - - 55,382 - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 74,239 2,152 - - - - - - 76,391 - - - 76,391 70,140 335 - 760 - - - - - 71,235 - - - 71,235 5,156 |
Last year to the nearest £ |
||
| Donations andgrants | 18,857 | 44,417 | |||||
| Gift aid | 2,152 | 807 | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
21,009 | 45,224 | |||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
|||||||
| 45,224 | |||||||
| Charitable activities - Donations to Tea Leaf Vision |
14,758 | 56,731 | |||||
| Trustees expenses | 335 | 567 | |||||
| Fund raisingcosts | - | 136 | |||||
| Admin Costs | 760 | 657 | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | 15,853 | 58,091 | |||||
| A4 Asset and investment purchases, (see table) |
|||||||
| - | |||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| 58,091 | |||||||
| 5,156 | - | - | 5,156 | - 12,867 | |||
| - | - | - | - | - | |||
| 15,981 | - | - | 15,981 | 28,848 | |||
| 21,137 | - | - | 21,137 | 15,981 |
CCXX R1 accounts (SS)
07/06/2021
13
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 21,137 - - - - - 21,137 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name L Ajayi |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| L Ajayi | 04-Jun-21 | ||
CCXX R2 accounts (SS)
07/06/2021
14
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusle membèrs of . THE TEA LW TRUST On accounts for th• yèar .. 31 DECEMBER 2020 ended Charity no (if any) 1123427 Set out on pages 13to14 I report to the trustees on my examination of the accounts of the above chanty llhe Tfusf) for year ended 3111212020DD I MM I YYY(. Responsibilities and As the charity trustees of the Trust. you are $"ponSIble for the pparab"On basis of report of the accounts in accordan with the requirements of Ihe Charitie5 Act 2011 {Ihe Acr}. I report in respect of my examination of the Tt'S accounts carried out under seclion 145 of the 201 l Act and in carrying out my examination. I have followed the applicable Directx)ns given by the Chaiity Commission under section 14515){b) of the Act. I have comwed my examination. I wffirm that no material matters have come to my atterrtn in connection with the examination which gives me cause to beIve that in. any material resped.. accounting records were not kept in accordanrE Yth section 130 of the Acl or the accounts do not accord the aco)untiro records Independenl examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention shouhy tse drawn in order to enable a proper understanding of the accounts to be reached. Slgned: Date: Name: Hilary Adams Relevant professional qualificationls) or Ixxly lif anyl: ICAEW Address: 18 New Dover Road Canterbury CT1 3AP Section B Disclosure IER October 2018