SOUTH SINAI FOUNDATION
FINANCIAL STATEMENTS
FOR
31st MARCH 2022
Charity Registration Number 1128955
SOUTH SINAI FOUNDATION
FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2022
| Contents | Page |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees Report | 2-4 |
| Independent Examiner’s Report | 5 |
| Receipts and Payments Account | 6 |
| Statement of Assets and Liabilities | 7 |
| Notes to the financial statements | 8 |
SOUTH SINAI FOUNDATION
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS
Trustees as at 31st March 2022
Mrs Nicola Dalby Prof Francis Gilbert Dr Hilary Gilbert Ms Lucy Gilbert Rev Prof Michael Reiss Ms. Hannah Harrington Ms. Cinzia Porcedda Mr. Kevin Curley OBE
Principal Address
St Katherine’s Cottage Back Lane Ingoldsby Grantham NG33 4EW
Independent Examiner
Mark Newey, ACMA Community Accountant Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY
.
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SOUTH SINAI FOUNDATION
TRUSTEES’ ANNUAL REPORT YEAR ENDED 31st MARCH 2022
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31st March 2022.
South Sinai Foundation is a registered charity, whose date of registration was 1[st] April 2009.
Objects of the Charity
For the benefit of the public in particular but not exclusively the local Bedouin communities in South Sinai and the surrounding area by:
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Relief of Poverty
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The advancement of education.
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The promotion and protection of good health.
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Supporting the Charitable work of the Community Foundation for South Sinai.
Activities and performance
I'm writing at the end of a year that has seen South Sinai make headlines all over the world through the CoP27 meeting in Sharm el Sheikh in November 2022. Bedouin are generally excluded from Sharm, so though delegates may have admired Sinai's stunning scenery they will have learned little about the lives of its indigenous people. We in SSF are all too familiar with the challenges that blight the lives of many Bedouin. With poor or non-existent education and healthcare, unreliable water and electricity, inadequate housing and job prospects, many Bedouin still lack the basics of human development.
Even where economic development is visible, it often takes no note of the needs of local people. In 2021-22 the Egyptian Government embarked on a massive project to turn the modest Bedouin town of St Katherine into a major tourist resort. Some changes may ultimately prove beneficial for some; but they have been bought at an enormous price for local residents. Houses have been demolished leaving people homeless; shops and even the school bulldozed; and the landscape changed in places beyond recognition.
Much of what we did in this year was focussed on alleviating immediate problems arising from this development, helping families find accommodation when their homes had been demolished without compensation. We match-funded the restoration of an old building to provide a safe house for people with nowhere to go; provided food in Ramadan for 100 families; built water tanks for two whole communities displaced by demolition; and funded materials for people to fix their damaged homes.
We also continued to support our regular projects, and to focus on informing and empowering Bedouin women. In order to do so we had to raise the funds to cover the normal costs of running an organization, as well as finding support for our long-term projects. Help came via hugely appreciated grants from the Global Fund for Community Foundations, from the Souter Trust, and from a JustGiving appeal for our Women's Centre. We were also able to deploy funds of our own raised via a new initiative this year - the Friends of South Sinai.
We remain humbled and grateful that so many people - who may not themselves be familiar with South Sinai's challenges - have helped support our work over the years with both one-off and regular donations. The Friends of South Sinai scheme now gives us a more secure and predictable
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SOUTH SINAI FOUNDATION
TRUSTEES’ ANNUAL REPORT YEAR ENDED 31st MARCH 2022
income, making us more organizationally robust. We’re fortunate to now be able to pay some core team members from our own funds as they tackle key problems on the ground. The work we support reflects local priorities as advised by our expert team, rather than the latest development trends preferred by many funders. When initiatives grow up from the community itself they have a far greater chance of succeeding, and even of bringing about lasting cultural change. Some aspects of our work can fairly make this claim. We hope to extend the Friends' scheme over time, and trust that everyone kind enough to help will be heartened by the impact of their generosity. As always, every penny donated goes to Sinai. This year our admin costs were a mere 3.76% of our expenditure, and all were covered by donations from our Board.
A group of donors helped us over two years to support eight trainee nurses through to graduation. Their contribution has been enormous; not just during the pandemic, but during the period of high inflation and economic hardship that has followed it. As well as giving workshops in the Women's Centre they have visited remote communities with no accessible healthcare, to give advice, reassurance and simple treatments. We thank them profoundly, and aim to continue supporting new trainees from our own resources, another fundraising priority.
The year started with a crisis, as our Women's Centre displayed alarming cracks due to encroaching tree roots. Happily our JustGiving appeal raised enough to match local donations so we could make it safe again. The building was refurbished with a new kitchen and bathroom. This has made it possible for more women than ever to attend workshops on health and nutrition, receive advice about their rights, information about job opportunities and how to apply for them, and much else besides. Hundreds of families have been registered online for Covid vaccinations. We are extremely grateful to the Global Fund for Community Foundations for supporting the Covid work. We're equally proud of our team, and their constant support for women to pursue education, work and rights.
The fruits of this approach were shown in the graduation of seven young Bedouin women from college or university in 2021. We had helped provide safe accommodation for them while they undertook their studies, accompanied by a rota of chaperoning mothers. But it was their mothers who paid their fees from the profits they made in the chicken co-op we set up ten years ago in el Tur, as well as other small business ventures we have supported. Traditionally girls were forbidden even to venture outside their home without a relative. Now, families are learning to be proud of their daughters' achievements. At the end of 2022 we helped 30 young women who had been offered university places with enrolment fees and accommodation, something unheard-of in even the recent past. Most encouragingly, some of this cohort want to train as teachers so they can teach in the Haddana, our education facility for Deaf and hearing children.
With generous funding in 2021 from the Souter Trust we were able to refurbish and re-equip the Haddana after a spell of patchy provision during the pandemic. It now caters for 32 profoundly deaf children or their hearing siblings. When we set it up in 2014 it was run purely by volunteers; but since recent volunteers have been qualified and have enabled twenty pupils to move into mainstream education, we focussed on paying them properly as soon as we could. This year we have been able to do this, and it will be an ongoing challenge to bring in funds to put their employment on a secure footing.
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SOUTH SINAI FOUNDATION
TRUSTEES’ ANNUAL REPORT YEAR ENDED 31st MARCH 2022
Alongside these major projects we have been able to support two students to attend secondary school, matched by a generous donor, and paid school fees for 40 children from very poor homes. We've maintained our livestock bank, which has now helped over 70 families, and provided a
source of emergency medical funding for the countless people in immediate need who cannot afford to pay upfront fees.
None of this would be possible without our funders and donors; nor without the unstinting support of our trustees. We are always in their debt. But the greatest credit must go to our team on the ground, led with great dedication by Mohammed; to Halima who heads the Women's Centre; and to our wonderful team of 40 community link volunteers who inform and make possible our work. Alf shukr! A thousand thanks!
Hilary Dr Hilary Gilbert, Chair 18/01/23
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SOUTH SINAI FOUNDATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31st MARCH 2022
Independent Examiner's Report to the Trustees of the South Sinai Foundation
I report on the accounts for the year ended 31st March 2022 which are set out on pages 6 to 8.
Respective responsibilities of the trustees and examiner
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”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the 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 which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mark Newey ACMA Date Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY
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SOUTH SINAI FOUNDATION
RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDED 31st MARCH 2022
| 2021 Total £ 7136 Opening Balances Receipts 15824 Grants note 1 10053 Donations and Fundraising 0 Sundry 2 Interest 25879 Payments 21265 Direct Charitable costs 759 Costs of managing the Charity note 2 22024 3855 Surplus/(Deficit) for year 10991 Closing Balances |
2022 Unrestricted Fund Restricted Fund Total £ £ £ 10991 0 10991 0 3750 3750 31362 500 31862 0 0 0 1 0 1 |
|---|---|
| 31363 4250 35613 |
|
| 18914 3688 22602 943 0 943 |
|
| 19857 3688 23545 |
|
| 11506 562 12068 |
|
| 22497 562 23059 |
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SOUTH SINAI FOUNDATION
STATEMENT OF ASSETS AND LIABILITIES
| AS AT 31st MARCH 2022 2021 £ 10991 Balance at Bank Less Creditors 0 Grants received in advance 10991 Net Assets Treasurer Date Chair Date |
AS AT 31st MARCH 2022 2021 £ 10991 Balance at Bank Less Creditors 0 Grants received in advance 10991 Net Assets Treasurer Date Chair Date |
2022 £ 23059 0 |
|---|---|---|
| 23059 | ||
| Date | ||
| Date |
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SOUTH SINAI FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2022
Note 1
| Grants Unrestricted Restricted £ £ Souter Trust 0 3750 Global Fund for Community Foundations 0 0 0 3750 Note 2 Costs of managing the Charity in the UK Bank charges Accountancy charges Other costs |
Unrestricted Restricted £ £ 0 3750 0 0 |
Total 2022 Total 2021 £ £ 3750 0 0 15824 |
|---|---|---|
| 0 3750 |
3750 15824 |
|
| 2022 2021 £ £ 524 409 350 350 69 0 |
||
| 943 759 |
Note 3
Restricted Funds
| Souter Trust Donation |
Opening Balance Income Expenditure Closing Balance £ £ £ £ 0 3750 3518 232 0 500 170 330 |
|---|---|
| 0 4250 3688 562 |
The Souter Trust grant was spent on supporting the Haddana, the education facility for deaf children.
The donation was spent supporting students at secondary school.
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