Company registered number 07079874
A PARTNER IN EDUCATION
(Company registered by guarantee no. 07079874,
registered charity no. 1133224)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
NfP Accountants Ltd
A PARTNER IN EDUCATION
(Company limited by guarantee no. 07079874, registered charity no. 1133224)
REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2020
CONTENTS
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' Annual Report | 2 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Statement of cash flows | 9 |
| Notes to the financial statements | 10 |
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS For the year ended 31 December 2020
Company reg. no. 07079874 Charity reg. no. (England) 1133224 Charity reg. no. (Scotland) SC043470 Registered office 91 Eaton Terrace London SW1W 8TW
Trustees The trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Sir Keith Ajebo Ian Henn Dr Susan Horner Michael Mitchell Brooks Newmark Lucy Newmark Marcus Starling Stephen McCauley (Resigned 17 February 2020) Key management Amy Barnecutt, CEO (Rwanda) personnel
Hannah Messer, UK Operations Manager (UK)
Bankers Coutts 440 Strand, A PARTNER IN EDUCATION London, WC2R 0QS Independent Examiner NfP Accountants Ltd No. 38, 52 Peckham Grove London, SE15 6FR
A PARTNER IN EDUCATION
BOARD OF TRUSTEES' REPORT For the year ended 31 December 2020
The Trustees (who are the Directors of the charitable company for the purposes of the Companies Act), present their combined Directors' report and Trustees' annual report (as required by company and charity law), together with the financial statements of A Partner in Education for year ended 31 December 2020. The Trustees confirm that the annual report and financial statements of the charity comply with current statutory requirements, the requirements of the charity's governing document, and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The reference and administrative information set out on page 1 forms part of this report.
Structure, governance and management
Governance & management
A Partner in Education was registered as a company limited by guarantee in England and Wales, incorporated at companies house on 18 November 2009. The company is also a registered charity with the charity commission, registered number 1133224. A Partner in Education was constituted under Memorandum and Articles of Association dated 18 November 2009.
The governance of the charity is the responsibility of the Trustees. Day to day management is by the CEO, who draws on the support and expertise of the highly experienced Board of Trustees as needed.
Method of appointment or election of Board of Trustees
Trustees are elected under the terms of the Memorandum and Articles of Association. New Trustees are selected by existing Trustees and are people who have specific interest in the charity and a range of skills to enhance its development.
The Trustees who served during the period and after the year end are shown on page 1.
Induction and training of new Trustees
New Trustees undergo an orientation to brief them of their legal obligations under charity law, the committee and decision-making processes and recent financial activities of the charity.
Related parties and relationships with other organisations
The Charity has considered the disclosure requirements of the SORP for related party relationships. The charity has no related party connections with other organisations. The trustees consider that the members of the board and their close connections to be the only related parties of the charity. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 6 to the accounts.
Trustees are required to disclose all relevant interests and register them with the UK Operations Manager and to withdraw from decisions where a conflict of interest arises.
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A PARTNER IN EDUCATION
BOARD OF TRUSTEES' REPORT For the year ended 31 December 2020
Remuneration policy for key management personnel
The pay of the charity’s CEO is reviewed annually. The trustees draw on their knowledge of the sector and common practice in other charities of similar size to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.
Risk management
The Board of Trustees fully accepts its responsibilities for ensuring that the major risks to which the Charity is exposed are identified, and that there are systems and procedures in place to mitigate those risks. Risk registers are reviewed regularly at meetings of the Board of Trustees.
Objectives and activities for the public benefit
Purposes and aims
The charity's object as set out in the Articles of Association is to advance education in developing countries. A Partner in Education was established as a UK charity ten years ago, in response to an urgent need in Rwanda for schools to be rebuilt in the aftermath of the 1994 genocide. APIE built a school with the aim of working in partnership with its local staff to develop a local model of excellence that ultimately could be scaled. Umubano Academy opened in 2013 and in seven years has achieved excellence in academic achievement, inclusion, wellbeing, citizenship and as a model of education for sustainable peace. Umubano is now recognised as a ‘lead school for peace’ in Rwanda and APIE helps maintain this today. APIE is now being asked to scale and disseminate this model across the country. In line with the Government’s priorities, APIE aims to help change the bigger picture of teaching practice across Rwanda, whilst continuing to support its students at Umubano Academy and changing individuals’ lives at the local level.
Our vision
A world where all children in Rwanda, regardless of background and circumstance, have the opportunity to receive high quality education.
Our mission
To create sustainable and locally-led teacher training, improving the quality of education in a rapidly developing country.
Our aims
-
To develop a model school to demonstrate what is possible, run by local teachers and using local materials;
-
To develop outreach programmes to improve the quality of teaching and education.
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A PARTNER IN EDUCATION
BOARD OF TRUSTEES' REPORT For the year ended 31 December 2020
Principle activities
APIE carries out activities related to the improvement of Umubano Academy in Kigali, Rwanda as well as outreach teacher training projects across Rwanda.
Public benefit
The Board of Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
Achievements and performance
In 2020, APIE provided hardship funds for staff and families at Umubano Academy and supported Umubano Academy to deliver remote learning due to the Covid-19 pandemic. APIE supported the school with reopening plans, including providing staff training and enhanced sanitation facilities on site. A library project at Umubano Academy was launched to provide quality reading and research facilities for students and teachers.
APIE also delivered an entepreneurship programme at Umubano Academy, in partnership with the Association of Business Executives (ABE). In 2020, the installation of solar panels at Umubano Academy was finished, to reduce environmental impact and reduce running costs.
Partnering with Scholé, APIE delivered a remote learning programme aimed at increasing the quality of talk between young children and their parents. The outreach teacher training programmes in 2020 included Enhancing teaching skills and knowledge in pre-primary education in Rwanda through cost-effective, high quality professional development, reaching 563 beneficiaries through the EQUIP project. APIE also launched a new project, Education for Sustainable Peace, completing action research to inform the wider design of this programme.
APIE engaged at national level to influence policymakers through advocacy and lesson sharing on a number of different educational topics.
Financial review
Financial Position
The Charity achieved net income for the year of £8,849 (2019 - net income of £84,848), details of which are shown in the Statement of Financial Activities on page 7. Total income for the year amounted to £173,463, a reduction of £95,324 on the previous year, and total expenditure amounted to £164,614, a reduction of £19,325 on the previous year.
Reserves Policy
It is the policy of the Trustees to work towards and then maintain free reserves at a level equivalent to at least three months’ running costs to cover all eventualities and emergencies. At present this is calculated to be £18,528 (without salaries funded by projects) .
The Charity’s reserves at the end amount to £66,697. In these uncertain times, the trustees consider that this is not excessive and is acceptable.
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A PARTNER IN EDUCATION
BOARD OF TRUSTEES' REPORT For the year ended 31 December 2020
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
The Trustees are grateful for the continued financial support from UK Aid Direct, Lef Pillon, Dinan Family Foundation, Tony Randall Theatrical Foundation, Victoria League, BFSS and other partners.
Plans for future periods
During 2021, the charity will continue to advance education in Rwanda, by supporting our partner model school, Umubano Acacemy, to demonstrate what is possible, and by developing outreach programmes to improve the quality of teaching and education.
Preparation of the report
This report was prepared following the Statement of Recommended Practice (SORP) 2015 FRS102, and taking advantage of the provisions applicable to smaller charities.
Approval of the report
This report was approved by the Board of Trustees on…..17 Sept 2021 .... and signed on their behalf by:
Dr Susan Horner
Chair
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A PARTNER IN EDUCATION
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES For the year ended 31 December 2020
I report on the accounts of the charity for the year ended 31 December 2020 set out on pages 7 to 20.
Respective responsibilities of the Board of Trustees and examiner
As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the Company are not required by charity or company law to be audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
(1) accounting records were not kept as required by section 386 of the 2006 Act; or
-
(2) the accounts do not accord with those records; or
-
(2) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
(2) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Charles Ssempijja, ACA
NfP Accountants Ltd Chartered Accountants No. 38, 52 Peckham Grove London SE15 6FR
17 September 2021 Date: ………………………………
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A PARTNER IN EDUCATION
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating Income and Expenditure Account & Statement of Total Realised Gains and Losses) For the year ended 31 December 2020
| Unrestricted Funds Note 2020 £ INCOME FROM Donations and legacies 2 49,427 Charitable activities Rwanda programme 3 - Investment income: bank interest 8 Other income - TOTAL INCOME 49,435 EXPENDITURE ON Salaries 26,995 Pension 1,916 Consultancy 3,477 Recruitment - Staff training 208 Project costs UA Academic books - UA Academic equipment - UA Construction 372 UA Scholarship Fund - UA Hardship Fund - UA SEN - Other project costs - Office & governance costs Bookkeeping and accounting - Independent examination 960 Advertising & Marketing - Fundraising - Hardware 175 In-country travel and subsistence 71 Corporate insurance - International travel 626 Motorvehicle expenses 204 Office rent - Postage, Printing & Stationery 31 Software, Licences and Web Hosting 755 Other office overheads 352 Exchange gains/(losses) (1,211) 34,931 TOTAL EXPENDITURE 34,931 NET INCOME/(EXPENDITURE) FOR THE YEAR 14,504 RECONCILIATION OF FUNDS TOTAL FUNDS AT 1 JANUARY 2020 52,193 TOTAL FUNDS AT 31 DECEMBER 2020 £ 66,697 |
Unrestricted Funds Note 2020 £ INCOME FROM Donations and legacies 2 49,427 Charitable activities Rwanda programme 3 - Investment income: bank interest 8 Other income - TOTAL INCOME 49,435 EXPENDITURE ON Salaries 26,995 Pension 1,916 Consultancy 3,477 Recruitment - Staff training 208 Project costs UA Academic books - UA Academic equipment - UA Construction 372 UA Scholarship Fund - UA Hardship Fund - UA SEN - Other project costs - Office & governance costs Bookkeeping and accounting - Independent examination 960 Advertising & Marketing - Fundraising - Hardware 175 In-country travel and subsistence 71 Corporate insurance - International travel 626 Motorvehicle expenses 204 Office rent - Postage, Printing & Stationery 31 Software, Licences and Web Hosting 755 Other office overheads 352 Exchange gains/(losses) (1,211) 34,931 TOTAL EXPENDITURE 34,931 NET INCOME/(EXPENDITURE) FOR THE YEAR 14,504 RECONCILIATION OF FUNDS TOTAL FUNDS AT 1 JANUARY 2020 52,193 TOTAL FUNDS AT 31 DECEMBER 2020 £ 66,697 |
Unrestricted Funds Note 2020 £ INCOME FROM Donations and legacies 2 49,427 Charitable activities Rwanda programme 3 - Investment income: bank interest 8 Other income - TOTAL INCOME 49,435 EXPENDITURE ON Salaries 26,995 Pension 1,916 Consultancy 3,477 Recruitment - Staff training 208 Project costs UA Academic books - UA Academic equipment - UA Construction 372 UA Scholarship Fund - UA Hardship Fund - UA SEN - Other project costs - Office & governance costs Bookkeeping and accounting - Independent examination 960 Advertising & Marketing - Fundraising - Hardware 175 In-country travel and subsistence 71 Corporate insurance - International travel 626 Motorvehicle expenses 204 Office rent - Postage, Printing & Stationery 31 Software, Licences and Web Hosting 755 Other office overheads 352 Exchange gains/(losses) (1,211) 34,931 TOTAL EXPENDITURE 34,931 NET INCOME/(EXPENDITURE) FOR THE YEAR 14,504 RECONCILIATION OF FUNDS TOTAL FUNDS AT 1 JANUARY 2020 52,193 TOTAL FUNDS AT 31 DECEMBER 2020 £ 66,697 |
Restricted Funds 2020 £ 124,028 - - - |
Total Funds 2020 £ 173,455 - 8 - |
Unrestricted Funds 2019 Restated £ 212,208 - 27 9,904 |
Restricted Funds 2019 Restated £ - 46,648 - - |
Total Funds 2019 Restated £ 212,208 46,648 27 9,904 |
|---|---|---|---|---|---|---|---|
| 49,435 | 124,028 | 173,463 | 222,139 | 46,648 | 268,787 96,494 3,425 - 267 130 56 22 13,203 35,139 - 4,756 546 4,959 1,500 960 2,585 7,649 1,618 332 7,128 2,347 1,500 347 711 865 (2,600) |
||
26,995 1,916 3,477 - 208 - - 372 - - - - - 960 - - 175 71 - 626 204 - 31 755 352 (1,211) |
41,971 3,163 12,498 - 91 441 10,418 15,006 7,839 22,412 2,973 624 786 - - 599 1,410 3,647 222 1,187 1,570 848 135 774 1,069 - |
68,966 5,079 15,975 - 299 441 10,418 15,378 7,839 22,412 2,973 624 786 960 - 599 1,585 3,718 222 1,813 1,774 848 166 1,529 1,421 (1,211) |
96,494 3,425 - 267 130 56 22 - - - 3,983 546 4,959 1,500 960 2,585 7,649 1,618 332 7,128 2,347 1,500 347 711 865 (2,600) |
- - - - - - - 13,203 35,139 - 773 - - - - - - - - - - - - - - - |
|||
| 34,931 | 129,683 | 164,614 | 134,824 | 49,115 | 183,939 | ||
| 34,931 | 129,683 | 164,614 | 134,824 | 49,115 | 183,939 84,848 (27,000) £ 57,848 |
||
14,504 52,193 |
(5,655) 5,655 |
8,849 57,848 |
87,315 (35,122) |
(2,467) 8,122 £ _5,655 _ |
|||
| £ 66,697 |
£ Nil |
£ 66,697 |
£ _52,193 _ |
All income and expenditure has arisen from continuing activities
The annexed notes form part of these financial statements
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A PARTNER IN EDUCATION
(company limited by guarantee number 07079874)
BALANCE SHEET As at 31 December 2020
| Notes CURRENT ASSETS Debtors 10 Cash at bank and in hand CREDITORS: amounts falling due 11 within one year NET CURRENT ASSETS NET ASSETS FUNDS Restricted funds 12 Unrestricted funds 12 |
£ 347 68,554 |
2020 £ 66,697 £ 66,697 - 66,697 £ 66,697 |
£ - 60,258 |
Restated 2019 £ 57,848 |
|---|---|---|---|---|
| 68,901 (2,204) |
60,258 (2,410) |
|||
| £ 57,848 |
||||
| 5,655 52,193 |
||||
| £ 57,848 |
For the year ended 31 December 2020 the Company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
(i) The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476;
-
(ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
They were approved, and authorised for issue, by the Board of Trustees on…17 Sept 2021 ...... and signed on their behalf by:-
DR SUSAN HORNER, Chair
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A PARTNER IN EDUCATION
The annexed notes form part of these financial statements
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A PARTNER IN EDUCATION
STATEMENT OF CASHFLOWS For the year ended 31 December 2020
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Cash flows from operating activities | 8,849 | 84,848 | |||
| Net cash provided by / (used in) operating activities | |||||
| (Increase)/decrease in stocks | - | - | |||
| (Increase)/decrease in debtors | (347) | - | |||
| Increase/(decrease) in creditors | (206) | (142,759) | |||
| (553) | (142,759) | ||||
| Change in cash and cash equivalents in the year | 8,296 | (57,911) | |||
| Cash and cash equivalents at the beginning of the year | 60,258 | 118,169 | |||
| Cash and cash equivalents at the year end | 68,554 | 60,258 |
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
1. ACCOUNTING POLICIES
Basis of preparation of financial statements
The accounts have been prepared under the historical cost accounting rules, and in accordance with 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) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
Income and expenditure have been analysed by nature rather than by activity, taking advantage of sections 4.6 and 4.22 - 4.23 of this SORP.
Judgements and key sources of estimation uncertainty are detailed in the accounting policies where applicable.
Public benefit entity
The charitable company meets the definition of a public benefit entity under FRS 102.
Going concern
The Trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. Key judgements that the charitable company has made which have a significant effect on the accounts include estimating income and expenditure for the next 12 months, in particular the economic impact of the Covid 19 pandemic.
Income
Income is recognised when the charity has entitlement to the funds: this is when any performance conditions attached to the income have been met, it is probable that the income will be received, and that the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Income is only deferred when: the donor specifies that the grant or donation must only be used in future accounting periods; or for performance related grants, where these are received in advance of the performances or specific event to which they relate.
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
Donations of gifts, services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.
On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Company status
A Partner in Education is a company limited by guarantee. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.
Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
Fundraising costs
Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
Charitable activities
Expenditure on charitable activities includes the costs of delivering services and reading activities undertaken to further the purposes of the charity and their associated support costs.
Other expenditure
Other expenditure represents those items not falling into any other heading.
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
Allocation of support costs
Resources expended are allocated to the particular activity where the cost relates directly to that activity. Staff costs are stated on the basis of staff time. Support costs which cannot be directly attributed to charitable activities are allocated in proportion to staff costs.
Where information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs are apportioned between fundraising and charitable activities on the basis of the area of literature occupied by each activity.
Operating leases
Rental charges are charged on a straight line basis over the term of the lease.
Tangible fixed assets and depreciation
Tangible fixed assets (excluding investments) are stated at cost less depreciation. The cost of minor additions or those costing less than £300 are not capitalised. Other fixed assets with an expected life of more than one year are included at cost less depreciation. Depreciation is calculated on a straight line method as cost less salvagable value over the asset's expected useful life.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Pensions
The charity operates defined contributions pension schemes for its staff in the UK and in Rwanda. The amounts payable are recorded as expenditure in the period in which they fall due. Total pension contributions made during the year are treated as an expense and were £5,079 (2019 - £3,425).
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
2. DONATIONS AND LEGACIES
| DFID/FCDO Grille Foundation Lef Pillon TRTF Dinan Family Foundation Victoria League General donations COME FROM CHARITABLE ACTIVITIES Project income - Rwanda |
Unrestricted Funds 2020 £ - - - - - - 49,427 |
Restricted Funds 2020 £ 21,726 - 20,136 6,887 26,067 1,373 47,839 |
Total Funds 2020 £ 21,726 - 20,136 6,887 26,067 1,373 97,266 |
Total Funds 2019 £ 29,608 8,000 7,040 3,960 - 2,000 161,600 |
|---|---|---|---|---|
| £ 49,427 |
£ 124,028 | £ **173,455 ** |
£ 212,208 |
|
| Unrestricted Funds 2020 £ - |
Restricted Funds 2020 £ - |
Total Funds 2020 £ - |
Total Funds 2019 £ 46,648 |
|
| £ Nil |
£ Nil |
£ Nil |
£ 46,648 |
3. INCOME FROM CHARITABLE ACTIVITIES
4. NET INCOME / EXPENDITURE FOR THE YEAR
This is stated after charging / crediting:
| This is stated after charging / crediting: | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Independent auditor's / examiner's remuneration: | ||
| Independent examiner’s fees | 960 | 1,500 |
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
| 5.STAFF COSTS AND NUMBERS Unrestricted Funds 2020 £ Salary costs Wages and salaries 66,695 Pension costs 4,961 71,656 Other staffing costs Staff training (1,111) Staff insurance (1,376) Consultancy 14,992 £ 84,161 |
5.STAFF COSTS AND NUMBERS Unrestricted Funds 2020 £ Salary costs Wages and salaries 66,695 Pension costs 4,961 71,656 Other staffing costs Staff training (1,111) Staff insurance (1,376) Consultancy 14,992 £ 84,161 |
5.STAFF COSTS AND NUMBERS Unrestricted Funds 2020 £ Salary costs Wages and salaries 66,695 Pension costs 4,961 71,656 Other staffing costs Staff training (1,111) Staff insurance (1,376) Consultancy 14,992 £ 84,161 |
Restricted Funds Total Funds 2020 2020 £ £ - 66,695 118 5,079 |
Unrestricted Funds 2019 £ 96,432 3,425 |
Restricted Funds Total Funds 2019 2019 £ £ - 96,432 - 3,425 |
|---|---|---|---|---|---|
| 71,656 (1,111) (1,376) 14,992 |
118 71,774 1,410 299 3,647 2,271 983 15,975 |
99,857 130 62 - |
- 99,857 - 130 - 62 - - |
||
| £ 84,161 |
£ 6,158 £ 90,319 |
£ 100,049 | £ Nil £ 100,049 |
The average number of employees (head count based on number of staff employed) during the year was 6 (2019 - 9).
The total employee benefits, including pension contributions, of the key management personnel were £50,818 (2019 - £56,795). In 2020, this includes £31,380 for an Interim Chief Operating Officer consultant.
During the year, no employee's benefits were above £60,000 (2019 - the same).
6. TRUSTEES' REMUNERATION AND EXPENSES
The charity trustees were not paid and did not receive any other benefits from association with the charity in the year (2019 - £nil). No charity trustee received payment for professional or other services supplied to the charity (2019 - £nil).
No trustees received payments in reimbursement of out of pocket expenses (2019 - the same).
7. RELATED PARTY TRANSACTIONS
Other than trustees' expenses above, there are no reportable related party transactions to disclose for 2020 (2019 - none).
8. TAXATION
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
9. PENSION SCHEME
UK: APIE operates a defined contributions pension scheme with Smart Pension Master Trust, which is a qualifying worplace pension. Smart Pension Master Trust is authorised and supervised by The Pensions Regulator. This fund is invested wholly or predominantly in units of such other funds identified by the Trustees of the pension scheme and maintained by Legal & General Investment Management. These funds may change from time to time. The Fund Objective and Benchmark have also been determined by the Trustees.
Rwanda: APIE pays into the Government pension scheme in Rwanda, Caisse Social du Rwanda, as stipulated in Rwandan labour law. The contribution rates are 3% paid by the employer and 3% by the employee. Individuals are eligible to receive their monthly pension at the age of 55 if they have accumulated 15 years of service, or at the age of 65.
10. DEBTORS
| DEBTORS | |
|---|---|
| Due within one year Rwanda receivable |
2020 2019 £ £ 347 - |
| £ 347 £ Nil |
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors PAYE payable Payroll liability WOP liability Pensions payable Accruals |
2020 2019 £ £ - 294 175 676 855 - 139 - 75 240 960 1,200 |
|---|---|
| £ 2,204 £ 2,410 |
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
12. STATEMENT OF FUNDS
| RESTRICTED FUNDS Core TRTF: Creative arts Education for peace Umubano SEN Umubano Feeding Programme Umubano Hardship Fund Umubano Solar Dinan Library Project Umubano Scholarship Fund EQUIP project Umubao Supplies and Equipment Other SUMMARY OF FUNDS General Funds Restricted Funds STATEMENT OF FUNDS - 2019 SUMMARY OF FUNDS General Funds Restricted Funds |
£ | Brought Forward £ - - - - - - - - 898 4,666 - 91 |
Incoming Resources £ 6,637 6,887 11,372 4,704 2,979 26,903 9,877 26,067 8,079 19,150 1,373 - £ 124,028 £ |
Incoming Resources £ 6,637 6,887 11,372 4,704 2,979 26,903 9,877 26,067 8,079 19,150 1,373 - £ 124,028 £ |
Resources Expended £ (6,637) (6,887) (11,372) (4,704) (2,979) (26,903) (9,877) (26,067) (8,977) (23,816) (1,373) (91) (129,683) (34,931) (129,683) (164,614) Restated Resources Expended £ (134,824) (49,115) |
Transfers and investment Carried gains/(losses) Forward £ £ - - - - - - - - - - - - - - - - - - - - - - - - |
Transfers and investment Carried gains/(losses) Forward £ £ - - - - - - - - - - - - - - - - - - - - - - - - |
|
|---|---|---|---|---|---|---|---|---|
| 5,655 | £ Nil £ Nil |
|||||||
49,435 124,028 ~~£~~ ~~173,463 £~~ |
||||||||
| 52,193 5,655 |
- - |
66,697 - |
||||||
| £ Nil |
£ 66,697 |
|||||||
| ~~£~~ | ~~57,848~~ |
|||||||
Restated Incoming Resources £ 222,139 46,648 £ 268,787 |
||||||||
| Brought Forward £ (35,122) 8,122 |
Transfers and investment gains/(losses) £ - - |
Carried Forward £ 52,193 5,655 |
||||||
| £ | (27,000) |
£ (183,939) | £ Nil |
£ 57,848 |
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
Description of restricted funds
Core Costs UK: Costs to ensure the ongoing effective functioning of APIE as a UK Charity.
EQUIP 1: A 2-year project to create and trial an e-learning course to train pre-primary teachers in 200 schools in
Education for Peace: Project to support Rwandan educators to develop their practice, teaching children to love challenges, learn from mistakes, enjoy effort and develop empathy, helping to create a generation of global advocates for peace.
Umubano SEN: Project to enhance skills and resources for the provision of inclusive education at Umubano Academy.
Creative Arts: Project to encourage creativity through drama, arts and crafts, dance and performance at Umubano Academy.
Umubano Feeding Programme: Project to ensure that children attending Umubano Academy have access to nutritious food during the school day.
Umubano Hardship Fund: A fund developed to ensure that teachers at Umubano Academy received a basic income to feed their families and pay basic bills whilst their salaries were suspended during the extended coronavirus lockdown period in Rwanda. Also used to support scholarship families who experienced hardship and needed food supplies for their famileis to survive.
Umubao Scholarship Fund: This fund ensures we can support pupils from the poorest families to receive a quality education at Umubano Academy by providing tuition fees, uniforms, classroom materials, learning support and other tools to enable children to build their future.
Umubano Solar: Project to purchase and install solar panels on the roof of Umubano Academy, thereby reducing energy bills and enabling the school to redirect funds to providing education.
Dinan Library Project: Project to upgrade the facilities in Umubano Academy's library including purchasing books and laptops, providing high speed internet, creating an online catalogue system for the library, creating an outdoor reading area and funding a librarian with education support to train staff on the better use of the library.
Umubao Supplies and Equipment: Supporting Umubano Academy to purchase vital supplies and equipment to support the provision of quality education.
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Net current assets | Unrestricted Funds Designated Funds General Funds £ £ - 66,697 £ Nil £ **66,697 ** |
Unrestricted Funds Designated Funds General Funds £ £ - 66,697 £ Nil £ **66,697 ** |
Restricted Funds £ - |
Total Funds £ 66,697 |
|---|---|---|---|---|
| £ Nil |
£ **66,697 ** |
£ Nil |
£ 66,697 |
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A PARTNER IN EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020
14. ANALYSIS OF THE NET MOVEMENT IN FUNDS
| ANALYSIS OF THE NET MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net movement in funds | Unrestricted Funds 2020 £ 14,504 |
Restricted Funds 2020 £ (5,655) |
Total Funds 2020 £ 8,849 |
Total Funds 2019 £ 84,848 |
| £ **14,504 ** |
£ (5,655) |
£ 8,849 |
£ 84,848 |
15. OPERATING LEASE COMMITMENTS
The charity has no standing lease commitments.
16. OTHER COMPANY INFORMATION
A Partner in Education is a charitable company limited by guarantee, registered in England with registration number 07079874. Its registered office address is 91 Eaton Terrace, London, England, SW1W 8TW. The accounts are presented in GBP rounded to £1.
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