Company numher." 116553113
Charity nutNber: 1126392
THE POINT FOUNDATION
(A compxny limited by 8uarantet)
Unaudited finaneial $tstements
Year ended 5 April 2022

THE POINT FOUNDATION
(A fOmPaDy lirnited by gu4r4nttt)
INDEX
Company InformAtiOD
Rtport of tbe Tru$tseJ
Independent Examiner's Report
Statement of Financial Aetivities
Balance She
Nott& to tbt FÉttAnti￿ Statements
io

THE POINT FOUNDATION
IA company limited by gu4r4ntet)
COMPANY INFORMATION
PATRON
Sally Gunnell OBE
Patron
TRUSTEES
Charles L Trace
Tim R RKerr
Adrian L Hammond
Chaiman
Secretary
Tieawrer
SECRETARY
Tim R R Kerr
REGISTERED OFFICE
Ashleigh Hous¢
Sands Lane
Small Dole
West Sussex
BN5 9YL
COMPANY NUMBER
06553113
CHARrrY NUMBER
1126392
INDEPENDENT EXAMINER
David FCA
Mazars LLP
First Fl(x)r
2 Chamberlain Square
Bimiingham
B3 3AX
BANKERS
Nation￿ Westminster Bank plc
149 Preston R(*d
Brighton
BNI 6AS
SOLICITORS
Grityith Smith LLP
32 Keymer Road
Ha$s(￿kS
BN6 8AL

THE POINT FOUNDATION
(A tllmP&Dy lirnited by g￿rAntee
REPORT OF THE TRUSTEES
For the year ended 5 April 2022
The Tnjstees pr¢sent theti r¢port and the fJnan¢iai statements for the year ended 5 April 2022. The financi￿ sthtements
cornply wth the Charitie5 Act 2011, the Companies Act 2006, the Memorandum and Articles of A55tKiation. and
Accounting and Reporting by Charities. Statement of Recomtnendd Practice applicable to chatities pieparin8 their
accounts in accordance with the Fitwicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
IO¢tober 2019 Edition).
Constitution
The Point Foundation is constituted as a company limited by guarantee and a re￿stered charity governed by its
rnemorandum and articles of association Th¢ OFg4niSltsOn was incorporated on the 2 April 2008 and became a rewstered
charity on 22 (ktober 2008.
Objects of the Cbarity
The Charity's F(Kus statement IS"￿ve, Life & Learn
Ai the beginning of the Charity, the Trusttts decÉded to ctsncentrate only on 2 select number of projwt5 where we could
focus a]1 our enewes in(0 making a rea] difference. Fourteen y¢2ts on, our strategy continue5 wth around s,￿0 Nulnerable
and Speci￿ nttds children directly benefiting from QUT SUPPOrt over thi5 tirne peri(Kl through our funding and our guidanc¢,
primarily ihrtyJgh education but a150 Wlth equipment. hywen¢ m¢di¢al, f4XKI and clothing supplies. We are now in the
prttess of building on our legacy through the Mwo80 projects in Rwand4 funding infrastrncknre projects for the vocstion4]
training centre, eco villa8¢ and farniing programmes there.
The financial year 2021122 was a ¢hailenwng year for us, as our income and donations were affected by the COVID-19
pandetnic However, ￿thoUgh our income from donations suffered. we were able to continue to support projects
fjnancj￿Iy, and coniribuied io the monthly salaries of all those involved in our work in Rwanda.
Even though our schools and vocational training cenite in Rwanda were closed for some of the y¢aT, we were able to support
many of the families of special needs children wth f(￿d, medicines, books and sch(K>l training mBteTiais so that teaching
and support contsnued.
During 2021122. we have worked closely with the following seven institutions..
Ubumwe Community Centre (UCCI (providing specialist disability-b2sed support)
House of Children School
Mwo80 V(Katsonai Trdining Centre Imwogo VTC)
La Gerniaine Sch(N)I
Kigeyo School
Izere Community Centre for Cerebia] Palsy children
Jessie'5 Place (day Centi¢ for severely disabled) and Jessie's C(H)petativ¢
We have concluded university pro￿la[nIne. supportins ex-Noel Otphanage students secondary school education
(includin8 fee5 and 118nsportl and those attending universiry (fees, accommodation, book5, fiyxi and transpon. as well as
8iaduaiion c05ts). Over the years, thi5 pro8ramme has funded 128 s￿dentS as they completed university courses. No more
stud¢nt plaG¢s at¢ ¢utt¢ntly pla[￿ed.
In 2017 we were presented an award foT"Outstandin¥ and Significant Contribution to Rwandan Edu￿tiOn.
A150. in
March 2019 we were presented with an award for "Significartt Contribution to the Growth of University of Tourism &
Business..
Both awards were m￿¢ by th¢ Univer55ty of Touti5m & Bu5in¢55. Kiga]È. Rwanda at their graduation
cer¢monies.
Our la￿st project, Mwogo vrc, based near Bu¥eserd. is lrtated in one of the p<x)rest and deprived areas of Rw8nda 8nd
provides l(Kal youn¥ people. with little hope of employment. Vocation￿ training sn beauty and tsiloring. In 2022 we plan
to add new courses in cooking and buildin¥ works. such as C￿enty and brickwork
We forn￿lY opened the certtre in March 2019 wth 45 students leighi of whom were disabled), supported by two teachers
nd 5jX SUPPOrt siaff and made a one4>ff donation at thai time of b'S$60,(KK) to renovate the buildings. T(Mlay, there are
four teachers and four support staff The annual tost of running ihis proi¢¢t now am(wntS to about £18.(KJO.

THE POINT FOUNDATION
IA comp8ny limited by guara￿tte)
REPORT OF THE TRUSTEES
For the year ended S April 2022
Objetts of the Charity (continu¢d)
In 2022. we have taken on a second intake of students ai Mwogo VTC with the previous intrke now movin8 Out to work in
various c<weratives. For these fottn¢r swdents. we have helped fund ihe purchase of sewing machines and hairdre5sin8
¢quipment to assist them in getting started in their COwoperAtives in the ￿tSide world.
With both Rwanda and South Africa in severe l(*kdown and schools closed for several Months in 2021, we continued to
fijnd a number of known individuals and families in Rwand4 who were being severely atTected by the lockdo￿￿
situation. by paying for f(XKI parce15. medicine5 and cloihing.
Structure, Governance Management
The Point Foundation i5 a company limited by guaraniee 2nd a registered ¢harity in England and Wai¢s. s￿]Y Gunnell.
OBE. continues as th¢ Point F￿ndatIon'S Patron and takes an active inter¢sl in all the work the Chatity 15 doing.
Duting the past financial year. the management team, who forn) the Key Management Personnel of The Point Foundatio[4
has in¢luded the Chaimian (FIALnder}, the Company Se¢retary and the Treasurer. The AdministratorlMark¢ting support
manager, who pioYide5 all our social netWOTkin8, medi4 newsletters, websjte updates and communi¢ation to ourfundraising
supporters, ha5 now also taken on a direct liaison role working closely with <XLI projects manager in Rwaftda.
The mana¥etn¢nt team communicates weekly but. due to ditYeTin8 IIKations of members of the team. now only meets
fornially up to twice a year for Board Meetings to di￿U$$ ongoin8 projecis. future strategy. grant makin8 considerations
and fundraisin8 activities. However, the team continues to meet infornia]ly b¢tween Board meetings to discuss specific
projwts. Over the years, Board members have visited one or more of the ChaTity'5 various projects to Check on prow¢ss
and to ensure the funds ￿l[￿ated to each project have been correKt]y spent and accounted
All Trustees give their time freely and no trustee remuneration was paid in the year end￿ 5 April 2022. Detsils of Trustees
expenses and related transactions are disclosed in not¢ 7 to the accounts.
Achievements and performallce
During th¢ year ended 5 April 2022. we continued to raise much-n¢eded funds, which were focused on our seven agreed
projects, as delwled earlier. General fundraising ha5 be￿rne increasingly ditTicult with many people being put off by
ne8ativ¢ press reports on other charities, so we have tumed Aitnost exclusively to Cor￿rate ￿ndiftg. Thi5 has been a
successful move and meant we wer¢ able to raise the funds needed to fvifij (MJr needs.
Fundraisit]g ha5 been achi¢veAt prtmarily through two ¢lo5e partnerships with Caffe PtaeBO CotTee Company. owned by
Hallmatk Vending Ltd, who buy their ¢olYee and t¢a loc￿]Y to our projects in Rwanda. and a]so with Teapigs, who buy
their tea from Pfunda Tea Company. again based just 10 rninutes from ihe heart of oji piojects.
We continue our medsa activiiies on the internet through Facebook and Instagram, whith are updated weekly. Some of our
international donors pay their donaiions direct to the projects in Rwanda, due to high bank ¢h4r8es and p(K)rexchange lates,
with their ￿ndS paid directly io UCC for local supplier5 providing food, medication and living items. and The Point
Foundation simply manages the process.
Our Proieets Manager, Viateur Uwambajimana, continues to work hard and deliver the manaBemeni needed io support our
work. Viateur is responsible for managing R]1 I￿r projects on the ground and he keeps in touch datly by email and by
weekly Skype ta115. He is also a highly qualifi￿ physiothetapist- ideal for helping the PwD'5 and children wih cerd>i
palsy.
Disability Programme
Our parn)ership with the Ubumwe Community Centre in Giseyni (a specialist disability ¢¢ntre) stsrted in 2013 and they
continue to provide support and care to hundreds of l<u] people with specia] needs. The Point Fix&ndation is now their
second highest donor SUPPOrtin8 this very worthy cause
Due to thar severe lark of fundin& we continue to sUp￿rt Izeie Community Centr¢ based outside Kigali. This small
centre con￿ntrateS on supponinB l(Kal special needs children. This year we continued to fund an outreach programme
providing physiotherapy for children, who have seve[¢ f£rebr￿ palsy and who are unable to get to th¢ Centre, and we have
added more equipment to the playground area.
Jessie's Place is the ¢¢ntre where the PwD'& living in the Homes41ife programme. go each day fortherapy and play. Jessie.
Place has now mov¢d to incorpotate iis work with Inshuti Women's Co-operative and we continue to Support them with
funding for sewing machines. and mattresses and chaiis for disabled children's physio.

THE POINT FOUNDATION
(A company lithited by guarxttt¢e)
REPORT OF THE TRUSTEES
For tbe year ended 5 April 2022
Individual Support
Durin8 2021122 w¢ wntinued supporting a few ex-Noel Orphanage children who are now young adults. Where they have
not been able to Bet jobs and, as a consequence. are suffering from lack of shelter and fo(Ml. or where they have severe
special nttds. we have supported them with a small monthly ￿lOwanCe of between £50 and £100. dependani on their
medica] needs. Thi5 has been a life saver in particular for Gwie lan aibifto with severe skin disease). Kevine (severe
(h"5&biliry). Rifiki (mental), Mow¢en (disability} and Gasigwa (HIV).
We atso supported a family of five children whose father had died and wth05e mother had w￿ked out. Support included
provision of f(x)d, shelter and medical wpplies.
Trustee and Volunte¢r visits
The Chaimjan and the Adminisiraiion mana8er's planned visiis to Rwanda in March 2020 and February 2021 were
cancelled due to COVID-19, but no costs were incurred for the cancellations. We have now b(M)ked our nexi visit foi
Oct(l>er 2022, as we be]￿eve these vi5jts are extremely important A]though we keep in touch re¥ulariy by email and Skype,
by visiting the projects ourselves we can ensure that our funding is being used as it Should be. and that every penny sent to
Rwanda is used corterdy.
Publi¢ Benefit
The Trustees have re[e￿ed to the guidance contained in the Chartty Commi55i(>n's general guidance on public benefit when
reviewing the Charity's aims and obj¢¢tives. as we]1 as in plannin¥ its athl￿ties.
Our activities cuTt¢ndy carried ￿lt for the public benefit are detsiled eartier in the Report of the TTUStee5 but in general
tems our objective5 are centred on the words -Live. l.ife & l£arn"
In this ¢ontext the Charity looks to relieve poverty,
Stckness and distress, as well as advance the ￿UcatIon of vulnerdble people. in particular but not exclusively. in Afric& by
making ￿antS of money for providing or paying for iiems. service5 and facilitie5 in order to achieve our objectives. Due to
the exception￿ circumstAnce5 affecting countries aroJnd the WOTld as a result of the COVID-19 pandemic. the management
team deterniined. in March 2020, 10 review and expand the Charity's ￿m$ and objective5. and these expanded aims and
objectives were agreed by the Charity Commission in June 2020.
Financial review
The Point Foundation's work is entirely dependent on donations coming in from the public, both individuals and companies.
Donation5 received are immediately deposited in IYJT bank cwent account a% th¢ monies are usua]Iy used fairly quickly on
current projects. Thus far. in view of the limited size of donations received, it has not been our aim io invest tnonies into
anJthin8 Other than short-t¢rn interest-be4ring investments. However. this is an area that will be kept under revi¢w by the
Trusttt5.
During the year ended 5 April 2022. we raised £16,855 of Un￿￿eted di>nations. In addition. we raised £1 10,825 of
donation5 with a iesttiction on their use We spent £112.214 on the projects detsiled above. including £99.590 of Tesiricted
use fund5. After interest i&eivable of£1 and other costs ielating to Governance amounting to £21.216. we had the amouni
of £100, 114 available at 5 April 2022 to be carried forward into our 2022123 development programme. of whtch £67.211
repiesenis unrestrirted funds and £32.￿)3 represents restricted funds.
Plans for Future Periods
The Potnt Foundation continues to raise funds both here in the UK. and overseas. in order to Continue to support our cutrent
projects. However, ￿Ven the ongoin8 unknowm potential economic impact of the COVID-19 pandemic. we remai￿ Cautious
in our 5p¢nding plans. As schwls in Rwanda and South Africa have re-opened, we will continue with educational support.
the PWD prowme, assisting on other projects such as funding disabled children ￿oi￿8 to schLx)I, teachers ai Ubumwe
Community Centre and educationat materi￿S for their House of Children sch￿1. but much will d¢pend on fu￿re
fundraisin8.

THE POINT FOUNDATION
(A compny limited by guar*Dttt)
REPORT OF THE TRUSTEES
For the year tnded S April 2022
Risk gnd Reserves Policy
The Trustees have a risk m&na8¢ment strategy in place comprisin8'
Submittin8 annu￿ budget5 wilh monthly updates io ensure projects are fully planned and paid for
A half yearly review of the risks the Charity may face
The establishment of systems and pr(￿edureS to miti8Ate against those risks identified in the review
The implementation of pr￿edureS designed to prevent any potentia] impatt on the Charity sh{￿]d those risk5
rnateridise
Followin8 b¢5t practice and guidance from the Charity Comtnission
In 2016. Ihe Trust¢e5 agreed to maintain the amount of £15,000 in a contingency reserve acc(unt so that there w(M]Id always
be at leastthts amount available for contingen¢te5, shi)uld th¢ need arise. Theamount maintained in this contingency reserve
account Is reviewed on a r¢guiar b&sis.
Trustees
The Trustees of the Charitable Company are its directors for the purpose of ¢ompany law. Current trustees have the pow¢r
to appM)int new twstees.
The Trustees. who have Served sirtoe 6 April 202110 the date of this repor( were as follows..
C L Trace
TRRKerr
A L Hatntnond
No Trustee had any interest in the Company by virtue that the Company is limited by guarantee and doe5 not have a 5har¢
ap11￿. The Company has purch&5ed Indemnity Insurance for the TtUStees of £250.0(K) (2021.. £250,000) at a cosi of £315
{2021. £321)
Statement of Trustees Responsibilities
The Tn]5tees are responsible for preparing the Trustees Report and the financial statements in accordance with appli¢able
law And regulations.
Company law requires the T￿stee5. who are Directors for the purpose of company law, to prepare financial 5thtemenis for
each financid year. Under that law. the Trustee5 have elected to prepare ihe financad 5tatemenis in accordance wth Unit&l
Kingdom Generally Accepted Accounting Practice (United Kingdotn Accounting Standard5 and applicable law). Und¢i
company law the Trustees musi not approve the flnancial stat¢menis unless they are satisfied that they give a true and fair
view of the state of affairs of the Charity and of the surplu5 or defjcit of the Chatity for thai period. In preparing these
financial Statements, the Trystees are required to..
Select suitable &ccoJntin8 policies and then apply them con5iSt¢ntly:
Make judgments and accounting estimates that at¢ reasonable and PFud¢nt"
State whether applicable UK Accountin8 Standards have been follow¢(L subject to any materia] departures disclosed
and explained in the financial statements:
Prepare the flnanci￿ staiements on the goÉng Concern basis unless It is inappropriate to presume that the company will
continu¢ in busines

THE POINT FOUNDATION
(A COmP&Dy lirnited by 8u*r*ntee)
REPORT OF THE TRUSTEES
F•r the year ended 5 April 2022
Statsmtnt of Trnstees Responsibilities (continued)
The Trustees are responsible for keeping adequate accoJnting records that are sutricient to show and explain the
Charity's transactions and discl<kse with ie4sonabl¢ accuracy at any time the financial position of the Company and enable
them to ensure that the finantha] statements comply with the Companies Act 2006. They a￿ a]so responsible for
safeguarding the assets of the Charity and hence for taksn¥ reasonable steps for the Prevention and detection of fraud and
other irregularities.
This r¢port has been pr¢par¢d in a¢¢oidanc¢ with the provhsions 4pplitable to companies ￿bject to the small companies,
re8Stne.
Approved by tbe Board of Directgrs 22 July 2022 and $igDed on their beh￿r by:
CHARLES L TRACE
Chairma

David Hoose (Jul 26, 2022 09:42 GMT+1) 

Jul 26, 2022 



THE POINT FOUNDATION
(A comp8ny lirnited by gw*r8Dtee)
STATEMENT OF FINANCIAL ACTIVtriES (incorporating an income and expeTrditure atcount)
For the ye*r ended 5 April 2022
Unre$tric¢ed Restricted
funds
funds Total funds
2022
Unrestricted Restricted
funds
funds Total fllnds
2021
Noles
INCOME FROM:
Donation5
Investments
16.855
110.825
127,680
13.523
88,21K)
101,723
Total
16.856
110.825
127,681
13.530
88,200
Ifll.730
EXPENDITURE ON:
CharitAbl¢ actsviti¢s
33.840
99.590
133.430
28,392
66.532
94,924
33.840
99,590
133.430
28,392
66.532
94,924
NETIEXPENDrruREy
INCOME
(16.984)
11.235
(5,749)
(14.862)
21.668
6.806
TOTAL FUNDS BROUGHT
FORWARD
84.195
21,668
105163
99.057
99,057
TOTAL FUNDS CARIUED
FORWARD
67.211
32.903
100,114
84.195
21,668
105.863
The Ststement of Financial Activities includes gains and losses reeognised in the y¢ar.
All income and expendiwre are derived from ¢ontinuin8 activities.
The notes on pa8¢s 10 to 13 fonn part of th￿e financial ststements.

THE POINT FOUNDATION
IA company limited by guarantee)
BALANCE SHEET
As at S April 2022
Company Number: 6S53113
21122
2021
Notes
CURRENT ASSETS
Cash at bank and in hand
101,890
109,043
101,890
109.043
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
(1.776)
NET CURRENT ASSETS
100.114
105.863
NET ASSETS
100.114
105.863
REPRESENTED BY:
Unrestricted funds
Gen￿al fund5
Designated
Restricted funds
52,211
15,000
32.903
69.195
15.000
21.668
100.114
105.863
The not¢5 on pages 10 to 13 form part of these financi￿ statements.
The EhTeuors consider th￿ the CoMp￿Y is entitled toexelnption fiolll the requirement tohavean audit underth¢ provisions
of section 477 of the Cornpanies Act 20(k6 {"the Act") and members have noi required the company to obtain an audtt fo¥
the year in quesiion in accordance wilh section 476 of the Act. The threctors acknowledge their responsibilities for
ensurin8 thai the company keeps accountin8 records which cornply with section 386 of the Act and for preparing financial
statements which ￿ve a true and fair view ofihe stste of affairs of the company as at 5 April 2022 and of its income and
expenditure for the year then ended in accordance with the requirements of sections 394 and 395 of the Aci and which
otherwise comply with the requirements of ihe Companies Act 2006 relaiin8 to the financial siatements as so far as
applicable to the ci)mpany.
These financial ststements have been prepared in ￿cOr￿ with ihe special provisions relating to companies subject to
the small cornpaniey. regime within Part 15 of the Companie5 Act 2(X)6.
Approved by the Tnjstees on 22 July 2022
and si¥ned <>n their behalf by:
CHARLES L TRACE
ADRIAN L HAMMOND
B(pard of Directoi$

THE POtNT FOUNDATION
(A company lirnited by gu•r*nlee
NOTES TO THE FINANCIAL STATEMENTS
For the yegr eMded S April 2022
ACCOUNTtNG POLICIES
Basis of attountinz
finan¢ial 4at¢ments ar¢ PTepared ut¥J¢r thc historical cost wnvention and Jn a¢¢ord2nce ￿1th the Sts*Th¢nt of
Reeommcndcd Practicc ISORPI. 4)plicable to charities PTEparing thcir accourts in accordancc I￿rth thc Financia] R¢p)rnn8
Standard applicablL UK and Republic of IrElarKi IFRS 10211(ktober 2019 edition) - (ch￿ItiCS SORP IFRS 10211. the
Finantia] R£port￿9 applirable in the UK atld Republic of Ireland IFRS IU21 and the ComrAnies Act 2(K>6.
Pojnt FouDdats'on rrK¢ts thc dcfinition of a pjblic ￿llefi1 entstN' i]nder FRS 102.
a¢¢witsrt¥ poli¢i¢s, Mhirh have been applied consistrnti).. are sct out klow..
lthtome
Inccrtne is reco8nJs¢d Th4J¢n th¢ Chatit>' ha5 rrc¢ivd or 15 entided to the d¢Jnations whcn probable. Income LS prin¢ipally
dcrivcd from ts Unit&l Kjthgdun.
penditure
Expcnditurc is rccognised oth ￿ accnts]5 bA5i5.
Q)sts of Raj'sing Funds reprcsent direct co$ts th¢luthn8 trav¢l, x¢¢mmLth'on arld communication cosL8 that rcl*
to the aCti￿tiCS of th¢ Company.
ch￿itable Acti￿￿. reprcscnts &nouttts $￿ttl0￿ th¢ CIMnpwJv $ ¢haritsbl¢ proJ¢cts.
Goi¢rnance Costs are ￿ costs in¢4]rrryl in relat￿tt to th]]]ist¢rill8 th¢ ChaTity'. aT¥J cornpljing with its *aiutory' attd
¢onStituti￿al obli¥ats(Kis
Financial instruments
Chanty. ujl) has a￿ts and finaThcia] lthilities of a kitNJ that qualify. &8 basic fjnanciai instnmjcnts. B&*ic
finan¢thi It￿trut￿ents arr InJttaJlN' r¢cognised at tTansxtion vaJu¢ and 5ubsequentlN M¢￿￿T¢d ￿ thcirsettiemenl va]u¢ th¢
exc¢ptsoJJ of bank Ii)an4 wljich are subscqu¢ntl%' ma￿ur￿ ￿ amortised cosr using thc ctTcaivc inTrrcst meththl.
Fund5
UnresinciedFwth- the￿ eatt ￿ used *tl* th￿re￿ort of Tn]sw$ in futth¢ran¢¢ of Chwity'$ obj¢¢ts.
ResiriciedFw%ts- th¢s¢ r¢pres¢]ll grants and donats.ons that H¢]r givett for sp¢¢ifi¢ s¢rvi¢es a￿j proJ¢¢ts wklertaktn bs. the
Charity.
Desl¥ntsiÉdFupxls- th¢s¢ aFE monieseamwked b}. the Tru5tets forspecific proj¢Lts in furtheTance of tk Charitv's obieets.
The balance5 at the Wance 5h¢ei d*c repre￿ntamOunts still to be uti]ised.
Comp•ny statu$
The Point Fourth#"oD is a cornpani. limited bv guarantce tLOt having a share capitsi. rEgi5teTE41 in EnglaT￿ a￿1 Wales, number
065$3113. Th IiabiliN' of m¢mb¢rs Is Iimi*d by Ik M¢mowdwn of Asgxiation.
Fornign currency translatÉon
Transactions det￿M￿￿tr￿ ￿ fo￿1￿ ¢urr¢w¢s aff b￿slated inkn sterling * th¢ eX¢h￿Se r*e nding * the date of the
tra#sa¢tsons or ￿ •) av¢Trg¢ rate foT th¢ p¢1]￿ if the Trt¢s do not Iluctuatc signJficantiN Mon¢tarN' assets and Iiabiliti¢s are
translatd * th¢ exchange izte n]1￿8 ￿ the bajancc shcet datc. Ail Tesultin8 cxchange R(c diffcrcncc5 arc Includ￿ in thc n¢t
outgou]g ffsOu￿£s.
Going concern
Chants" OFTates &8 a going ¢4YJ¢¢rn atKI th¢ TtU51¢es a]r of that It Mill ¢ontinu¢ to do so foT the fore5¢eable
fiJNre, 2Jbcit * a sli8ht]N rcdllt¢d l¢v¢l ¢omparcd io re¢¢rttN¢ars. ￿ explained irt th¢ R¢wrtof th¢ TW$￿$. After¢￿sIderIng
the fufur¢ py*ntiai imp¥t of COVID-19. and aftcr stsrss t¢st an￿￿515, the di￿0[5 a￿. of th¢ viem that th¢F¢ are sufficient
rescrvcs to th¢ trom￿a* fiLiur¢ of th¢ Cjwity" for th¢ rt¢￿ 12 w 18 months attd ott baJ"s th¢ Chanty. Is a gOLng
concem
Statement of cash flo￿ exemptio
A 5tatementofcastL flow5 h&s trKenpr￿Uced￿$ the chan'tsble compan)'is withinthc smallchanty. and compatt% thtesholth.
Judgments in apptying accounting policies ottd key sources of estimation uncertainty
Th¢ chan'table compan) makes ¢5timates ar¥J asyjmptsons conccrning the firtur¢. The estimatcs hav¢ no
material imrAct on ￿ canyin8 aMo￿ts of &8sets and lJabiliti¢s thc ￿ts.
io

THE POINT FOUNDA TION
(A company limited by guarxnttt)
NOTES TOTHE FINANCIAL STATEMEIYTS
For the ytar ended 5 Aprll 2022
EXPENDrruRE ON CHARffABLE AcrtvtTtES
2022
2021
Aciiviiies th"rectl tsndertLthen.'
Rwanda
South Africa
93011
5.024
61W2
1,41MI
Ukraine
3M4
102519
63.032
Travel and a¢comm(Mlation costs of Trustees managing projects in Afri
Stafycosts (Note 41
Computer, printing, stationery and other offL¢¢ ¢OSts
Foreign exchange differences
Insurance
5.779
4.158
(557)
31S
5,476
5,OSS
321
9,095
15.752
Go￿rno￿Le cu51s (Note 3)
21,216
1&140
Tot41
133,43
9&924
GOVERNANCE COSTS
2022
2021
Independent Examinei'5 fe¢5
OffEc¢ and administsation fees (N¢Ae 7)
1.776
19.440
1.74
14,41)0
21216
16,J40
STAFF COSTS
2022
2021
Remuneration to local project manager in Rwanda
5,779
2022
Number
2021
Iyumber
Projects
No staff had i¢mvneratitsrt above £60.000 in the cU￿¢￿t year (2021.. N4)ne).

THE poIKr FOUNDATION
IA compAny limited by gu#rantet)
NOTES TO THE FINANCIAL STATEMENTS
For the yeAr ended 5 April 2022
NET INCOME
2022
2021
Net income is S￿¢￿ after tharwng..
Ind¢pertd¢nt Examiner's fee5
1,776
1.740
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Accrnals
1.776
3.1811
RELATED AND ASSOCIATED PARTY TRANSACTIONS
No emoluments were payable to the Trustees in respect of servtces to the Charity. The amount of expenses
reimbursed to Trustee& representin¥ travel and accommodation costs in¢urred by ihem when on trips io Africa to
manage projects on behalf of the Company. am4)unted to £Nil {2021.. £Nill.
The Company purchased Indemnity lrtsuran¢¢ of £250,000 (2021". £250,￿)) for the TTUStees at a cost of £315
{2021.' £321)
Due to the Chaimian's kn¢ieasing workload in controlling all the Charity's activities. it was agreed at a meeting
of the Tmstees held on 19 January 2012 that a company partially owned by th¢ Chairn]an would be enBaged io
provide various office and admittistration service5 to the Chatity on an ongoing basis at the monthly fee of £1,000
plus VAT. The Charity notified the Charity Commission in 2012 and received their agrttment to thi$
arrangement. The level of this fee was reviewed by the Trusttes on 23 September 2021 and an increase irt the
mortthly fee to £1.6(M) per Fnonth plus VAT was a8ie¢d, backd?t¢d to I September 2021. The f¢e5 ¢hatged during
the year ended 5 April 2022 were £19.440 (2020". £14,400) and the amount of £Nil was owed at 5 April 2022
(2021 £1.21)0)
12

THE POINT FOUNDA TION
(A company lijnited by guarantee
IYOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2022
FUNDS
Ats
April
2021
At5
April
2022
Eipendititrt
Tr#D#ftr
UnrutriciedfHnds.'
69,195
16.856
(25.132)
{8.708}
52211
South Afric&
Uktaine
Designated contingency reserve fithds
(5.024)
(3.684)
5,024
3,684
15.OINI
15,000
84.195
16.856
{33,840)
67211
Re5trictsdfuMdf
Rwanda
21,668
10,825
(99.590)
32,903
Total fuDdJ
105,863
127,681
1133,430)
100,114
Th¢ countii¢s pres¢nt¢d here combhn¢ a number of different proie¢ts. The R¢$tTi¢ted funds r¢pr¢s¢nt amounts received from
donors to assist the Charity in funding th¢ work on projects Ln specific locations. The Restricted funds are held in cash.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Gener*1
funds
Designated Restricted
funds
Totsl
funds
Fund balantes #t 5 April 2022 Are repruented by:
Current a$s￿S
Crediiors.. amounts failing due within one year
53.987
{1.776)
15.iKJO
32.903
101,890
(1,776)
Tot#1 ntt ##sets #t 5 April 2022
52.21J
15.OlJO
32,903
100.114
13