REGISTERED CHARITY NUMBER: 1127661
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
FOR
BUILDING SCHOOLS FOR AFRICA
Harrison Black Limited East Quay Kite Hill Wootton Bridge Isle of Wight PO33 4LA
____ BUILDING SCHOOLS FOR AFRICA
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CONTENTS OF THE FINANCIAL STATEMENTS * FOR THE YEAR ENDED 31ST MARCH 2022
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Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to ll
Detailed Statement of Financial Activities 12
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"BUILDING SCHOOLS FOR AFRICA REPORT OF THE TRUSTEES - FOR THE YEAR ENDED 31ST MARCH 2022 a
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives of the Charity include;
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A. The advancement of education in Africa.
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B. The advancement of health in Africa.
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C. The relief of poverty in Africa.
Activities include fundraising events in order to finance the building of schools, toilets and the provision of clean water in Cameroon in collaboration with partner NGO SHUMAS (Cameroon).
ACHIEVEMENT AND PERFORMANCE
To date, BSFA has funded the building of 325 classrooms in 110 schools and 68 water and health projects, including 7 boreholes and several health centres which have been either refurbished, re-equipped or built new.
Due to the current political turmoil and civil unrest in Cameroon and the Covid pandemic, it has been increasingly become necessary to diversify our activities to provide help for internally displaced people who have been identified as having priority need by our partners, SHUMAS. This has included the building of "pop-up" schools in the jungle which are less permanent structures than those hitherto built during more peaceful times. Also, rather than building new health centres, emphasis has been placed on training health workers and providing infrastructure, such as clean drinking water and resources such as mosquito nets and mattresses. Skill training for youngsters who have not been able to attend schools due to conflict and trauma counselling have all been part of recent projects.
The challenges that have faced our partners have been truly enormous, not least the logistical hurdles of transporting equipment and materials through war-torn countryside. The lives of SHUMAS staff have been repeatedly put at risk.
Despite the pandemic and economic uncertainties, BSFA has continued to fund an astonishing array of projects thanks to generous individual donations and due to the hard work, especially of Marianne, who has secured a large grant from Blue Sky Foundation. As always, thanks to her for her unstinting commitment to the charity and to all trustees who have fulfilled their various roles so effectively.
I am pleased to report that Andrew Hindle responded very positively to our invitation to become a trustee and it is hoped he will join us as soon as possible following his forthcoming retirement from the NHS. Andrew brings a wealth of management experience as well as being one of our most successful and tenacious fundraisers. He has visited Cameroon and is familiar with most aspects of our work. We look forward to welcoming him.
The year ahead is likely to be challenging with regard to fund-raising, but we have already had very encouraging verbal confirmation that one of our largest donors intends to continue supporting us.
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"BUILDING SCHOOLS FOR AFRICA
REPORT OF THE TRUSTEES - FOR THE YEAR ENDED 31ST MARCH 2022
FINANCIAL REVIEW
The total incoming resources for the year amounted to £146,273 (2021 - £272,123), while total resources expended amounted to £210,612 (2021 - £175,662). This produced a net deficit of £64,339 (2021-surplus£96,461).
It is the policy of the Charity not to hold reserves, but to transfer funds on a project by project basis when appropriate.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was formed in December 2008 by trust deed and registered as a charity in January 2009. The Charity works closely with a partner organisation, Strategic Humanitarian Services (SHUMAS) of Cameroon.
Future trustees are appointed for a term of five years by a resolution of the trustees passed at a meeting called under clause 15 of the trust document.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1127661
Principal address Westbrook Cottage Pondwell Hill Ryde Isle of Wight PO33 1PY
Trustees N WT Hayward 1S Johnson Mrs M Johnson Dr JS Moore S A Whitman A G Hindle (appointed 10.4.22)
Independent Examiner
Elizabeth Dack FCA FCCA Harrison Black Limited East Quay Kite Hill Wootton Bridge Isle of Wight PO33 4LA
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- BUILDING SCHOOLS FOR AFRICA
REPORT OF THE TRUSTEES
- FOR THE YEAR ENDED 31ST MARCH 2022
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Approved by order of the board of trustees on 15th February 2023 and signed on its behalf by:
N WT Hayward - Trustee
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"INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ‘ BUILDING SCHOOLS FOR AFRICA
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Independent examiner's report to the trustees of Building Schools For Africa I report to the charity trustees on my examination of the accounts of Building Schools For Africa (the Trust) for the year ended 31st March 2022.
Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
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I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) 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.
Elizabeth Dack FCA FCCA Harrison Black Limited East Quay Kite Hill Wootton Bridge Isle of Wight PO33 4LA
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16th February 2023
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|-|*|BUILDING SCHOOLS FOR AFRICA|
|STATEMENT OF FINANCIAL ACTIVITIES|
|-|FOR THE YEAR ENDED 31ST MARCH|2022|
|-|a|
|2022|2021|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|146,273|-|146,273|272,123|
|EXPENDITURE|ON|
|Raising funds|
|Raising donations and legacies|2|716|-|716|360|
|716|-|716|360|
|Charitable|activities|3|
|Overseas|projects|209,896|-|209,896|175,302|
|Total|210,612|-|210,612|175,662|
|NET INCOME/(EXPENDITURE)|(64,339)|-|(64,339)|96,461|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|120,715|-|120,715|24,254|
|TOTAL FUNDS CARRIED FORWARD|56,376|-|56,376|120,715|
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The notes form part of these financial statements
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‘BUILDING SCHOOLS FOR AFRICA
BALANCE SHEET * 31ST MARCH 2022
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|2022|2021|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|—|funds|
|Notes|£|£|£|£|
|CURRENT ASSETS|
|Debtors|7|21,136|-|21,136|25,744|
|Cash|at bank|35,240|-|35,240|||94,971|
|56,376|-|56,376|120,715|
|NET CURRENT ASSETS|56,376|-|56,376|120,715|
|TOTAL ASSETS LESS CURRENT|
|LIABILITIES|56,376|-|56,376|120,715|
|NET ASSETS|56,376|-|56,376|120,715|
|FUNDS|8|
|Unrestricted|funds|56,376|120,715|
|TOTAL FUNDS|56,376|120,715|
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The financial statements were approved by the Board of Trustees and authorised for issue on 15th February 2023 and were signed on its behalf by:
N WT Hayward - Trustee
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M Johnson - Trustee
The notes form part of these financial statements
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‘BUILDING SCHOOLS FOR AFRICA NOTES TO THE FINANCIAL STATEMENTS - FOR THE YEAR ENDED 31ST MARCH 2022
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1. ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the ‘charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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‘ BUILDING SCHOOLS FOR AFRICA
NOTES TO THE FINANCIAL STATEMENTS- continued ‘ FOR THE YEAR ENDED 31ST MARCH 2022
| 2. | RAISINGDONATIONSANDLEGACIES | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| JustGivingcharge Supportcosts |
216 500 |
360 - |
|
| 716 | 360 |
- GOVERNANCE COSTS
Accountancy costs are met by Harrison Black Accountants via donation.
- TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
Trustees’ expenses
Trustees expenses for the year totalled £nil (2021 - £nil).
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2022 | 2021 | |||
|---|---|---|---|---|
| Noemployeesreceivedemoluments inexcessof£60,000. | ||||
| 6. | COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOMEANDENDOWMENTSFROM | ||||
| Donationsandlegacies | 272,123 | - | 272,123 | |
| EXPENDITUREON | ||||
| Raisingfunds Raisingdonations andlegacies |
360 | - | 360 | |
| 360 | - | 360 | ||
| Charitable activities | ||||
| Overseasprojects | 175,302 | - | 175,302 | |
| Total | 175,662 | - | 175,662 |
continued...
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- BUILDING SCHOOLS FOR AFRICA
NOTES TO THE FINANCIAL STATEMENTS- continued * FOR THE YEAR ENDED 31ST MARCH 2022
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|6.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|- continued|
|Unrestricted|Restricted|Total|
|fund|fund|funds|
|£|£|£|
|NET INCOME|96,461|a|96,461|
|RECONCILIATION|OF FUNDS|
|Total funds brought forward|24,254|-|24,254|
|TOTAL FUNDS|CARRIED|
|FORWARD|120,715|-|120,715|
|7.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|2022.|2021|
|£|£|
|Other debtors|21,136|25,744|
|8.|MOVEMENT|IN FUNDS|
|Net|
|movement|At|
|At|1.4.21|in funds|31.3.22|
|£|£|£|
|Unrestricted|funds|
|General fund|120,715|(64,339)|56,376|
|TOTAL FUNDS|120,715|(64,339)|56,376|
|Net movement|in funds,|included|in the above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|146,273|(210,612)|(64,339)|
|TOTAL FUNDS|146,273|(210,612)|(64,339)|
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- BUILDING SCHOOLS FOR AFRICA
NOTES TO THE FINANCIAL STATEMENTS- continued ‘ FOR THE YEAR ENDED 31ST MARCH 2022
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8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
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|Net|
|movement|At|
|At|1.4.20|in funds|313.21|
|£|£|£|
|Unrestricted|funds|
|General|fund|24,254|96,461|120,715|
|TOTAL FUNDS|24,254|96,461|120,715|
|Comparative net movement in funds,|included in the above are as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|272,123|(175,662)|96,461|
|TOTAL FUNDS|272,123|(175,662)|96,461|
|A|current year|12 months and prior year|12 months combined position|is as follows:|
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|---|---|---|---|---|
|Net|
|movement|At|
|At|1.4.20|in funds|31.3.22|
|£|£|£|
|Unrestricted funds|
|General|fund|24,254|32,122|56,376|
|TOTAL FUNDS|24,254|32,122|56,376|
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- BUILDING SCHOOLS FOR AFRICA
NOTES TO THE FINANCIAL STATEMENTS- continued ‘ FOR THE YEAR ENDED 31ST MARCH 2022
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8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|418,396|(386,274)|32,122|
|TOTAL FUNDS|418,396|(386,274)|32,122|
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9. | RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
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‘BUILDING SCHOOLS FOR AFRICA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR ENDED 31ST MARCH 2022
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|---|---|---|
|a|
|2022|2021|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations and|legacies|
|Donations|55,434|46,151|
|Gift aid claimed|21,136|53,875|
|Corporate Donations|69,703|172,097|
|146,273|272,123|
|Total incoming resources|146,273|272,123|
|EXPENDITURE|
|Raising|donations|and legacies|
|Just Giving charge|216|360|
|Charitable|activities|
|Overseas Projects|209,393|174,355|
|Support costs|
|Finance|
|Bank charges|503|447|
|Governance|costs|
|Accountancy|500|500|
|Total resources expended|210,612|175,662|
|Net (expenditure)/income|(64,339)|96,461|
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This page does not form part of the statutory financial statements
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