Trustees’ Annual Report for the period
From 1[st] August 2022 Period start date To 31[st] July 2023 Period end date
Charity name:3[rd] World Hope
Charity registration number:1130778
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide support to disadvantaged and impoverished communities in Malawi |
| 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 |
The continued provision of food, safe drinking water, aid, healthcare and education for up to 300 orphaned children. Continued financial support in maintaining small businesses to encourage and develop self-sustenance. This year we have purchased a second minibus, delivered a 1391kg shipment of aid, refurbished the grocery store, restocked the chicken farm and purchased a twelve month bulk supply of maize to avoid ever increasing prices. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have paid due regard to the guidance issued by the Charity Commission in deciding what activities the Charity should undertake to provide a public benefit. |
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 | The Charity provides ongoing support to the two orphan centres providing regular supplies of maize, clothing, toys and educational equipment. It also provides additional financial assistance to the small business projects. A second mini bus was imported from Japan in May 2023 to increase business turnover. |
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 | The Charity results have shown a surplus in cash over payments of £11555 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity has no set amount of reserves it aims to hold, only those remaining after a project is finished. |
| Amount of reserves held | Para 1.22 | £29449 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
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 |
|
|---|---|---|
| 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 (dated 15 April 2009) |
| 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 are appointed by the existing board based on the skills, expertise and experience the board believe are required for the future development of the Charity. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | 3rdWorld Hope |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1130778 |
| Charity’s principal address | The Cottage Long Lane Waverton Chester CH3 7RB |
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) |
|---|---|---|---|---|
| Heidi Riley | ||||
| Alan Riley | ||||
| Nicola Williams | ||||
| Andrew Thompson | ||||
| Chris Thompson | ||||
– 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
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Heidi Riley Full name(s) Heidi Riley
Position (eg Secretary, Principal Trustee Chair, etc)
Date
6[th] May 2024
| Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
Charity Name No (if any) 3rd World Hope Receipts andpayments accounts Period start date To Period end date 8/1/2022 7/31/2023 For the period from ~~rs a~~ |
CC16a ~~_~~ |
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|---|---|---|---|---|---|---|---|---|---|---|
| Section A Receipts and payments | ||||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | ||||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | ||||||
| A1 Receipts | ||||||||||
| Donations | 41,886 | - | - | 41,886 | 29,952 | |||||
| Bank Interest | 20 | - | - | 20 | - | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| Sub total(Gross income for AR) | (Gross income for AR) | 41,906 (Gross income for AR) |
- | - | 41,906 | 29,952 | ||||
| - - - - - - - - - Sub total - - - - - Total receipts 41,906 - - 41,906 29,952 A2 Asset and investment sales, (see table). ~~——————~~ |
||||||||||
| A3 Payments | ||||||||||
| Project Costs | 3,392 | - | - | 3,392 | 1,725 | |||||
| Vehicle Costs & Expenses | - | - | - | 3,839 | ||||||
| Maize | 9,114 | - | - | 9,114 | 8,673 | |||||
| Salaries | 3,156 | - | - | 3,156 | 4,300 | |||||
| Import Duties and Expenses | 5,853 | - | - | 5,853 | 7,456 | |||||
| Christmas Party / Bonuses | 1,020 | - | - | 1,020 | 885 | |||||
| Accountancy Charges | - | - | - | 900 | ||||||
| Bank Fees / Justgiving Charges | 1,029 | - | - | 1,029 | 522 | |||||
| Sundires / Subs / Phones | 210 | - | - | 210 | 806 | |||||
| **Sub total ** | 23,774 | - | - | 23,774 | 29,106 | |||||
| Mini Bus Purchase 6,587 - - 6,587 6,281 - - - - Sub total 6,587 - - 6,587 6,281 Total payments 30,361 - - 30,361 35,387 Net of receipts/(payments) 11,545 - - 11,545 - 5,435 A5 Transfers between funds - - - - - A6 Cash funds last year end 17,894 - - 17,894 23,329 Cash funds this year end 29,439 - - 29,439 17,894 A4 Asset and investment purchases, (see table) ~~——————~~ ~~SSSS~~ |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Business Bank Account Deposit Account National Bank Malawi Details Details Details Mini Bus (May 2023) Mini Bus (September 2021) Details Signature Heidi Riley Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 27,966 - 1,469 - 4 - 29,439 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) Unrestricted 6,587 Unrestricted 6,281 - - - - - - - - - - - - Print Name Heidi Riley Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
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| When due (optional) |
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| Date of approval |
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| Heidi Riley | Heidi Riley | 16-Apr-24 | |
CHARITY (OMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Sectlon A Ind8p¢ndent Examlner's Report Report to the trustee5 3" World Hope On accounts for the year ended 31, July 2023 Charity no lif any) 1130778 Set out on pages I report lo the trustees on my examination of the accounts ol the above harily I the Trust") for the year ended 3110712023. Responsibilities and basis of report As the charity's Iruslees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act l. I report in respect ol my examination ol the Trust's accounts carried out under section 145 of the 2011 Act and In carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of ltte Act. Independent I have completed my examination. I confirrn that no material matters have examiner's statement come to rny attention in connection with the examination lother than that disclosed below") which gives me cause lo believe that in. any mater131 respect. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accoun15 did not accord with the accounting records., or I have no conwrn5 and have come 41cross no other matters in connection with the examination lo which attention should be drawn In this report in order lo enable a proper understanding of the accounts to be ie3ched_ Pl&8se delete Ihe words in Ihe braGkets if they do nol apply. Signed.. Date: 16" April 2024 Name.. John Kiely Relevant professional qualificationlsl or body lif any): FCA Fellow of the Institute of Chartered Accountants in Ireland Address: 4 Capesthorne Road, Christleton, Chester. CH3 7GA IER Oct 2018