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2024-11-30-accounts

THE RAHELI TRUST

Trustees Report and Financial Statements

From 1 December 2023 to Year ended: 30 November 2024 Charity no: 1135046

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Reference and administration details

Charity Name : The Raheli Trust

Registered charity number : 1135046

Trustees:

Lynda Helen Addison (resigned 7 October 2024) Gillien Carter Frances Mary Jones - Treasurer Kathryn Alyson Liston Susan Mary Elizabeth Percy - Chair Thomas James Perry Catherine Moyra Tuke - Secretary Drucilla Joy Vesty Sarah Jane Wixey

Charity Address : 186 Connaught Road Brookwood WOKING Surrey GU24 0AH

Structure and governance

The Trust is a registered charity and is constituted under a Trust Deed dated 28 October 2009.

The deed states that there must be least three Trustees and, after the initial staged appointments of the first set of Trustees, it provided for every Trustee to be appointed (or reappointed) by resolution at a special meeting of the Trustees for a term of 4 years.

If at any time there are fewer than three Trustees, none of the powers or discretions conferred by the deed or by law on the Trustees are exercisable by the remaining Trustees except the power to appoint new ones.

The deed states that the Trustees must hold at least two ordinary meetings each year. At each meeting the date, time and place of the next meeting is fixed, unless already arranged. Further ordinary meetings may be called at any time by the person elected each year to chair the meetings or by any two Trustees, in which case at least 10 days’ clear notice must be given.

Special meetings require 21 days’ clear notice if the agenda is to include the appointment of a Trustee and may take place immediately after or before an ordinary meeting.

New Trustees are provided as a minimum with:

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Prospective trustees are also referred to the Charity Commission website with guidance on how charities should operate and what is expected of a Trustee.

The Trust held three Board Meetings in 2023/2024 and one special meeting to reappoint three Trustees.

Objectives and Activities

The objects of the Trust are :

  1. The prevention or relief of poverty or financial hardship in Western Tanzania by assisting in the provision of education and training and support designed to enable individuals to generate a future income and be self-sufficient.

  2. For the public benefit to provide for the education and/or training of children and young people in Western Tanzania in poverty or suffering financial hardship by:

  3. (i) Awarding to such persons and/or providing funds for the educational establishments responsible for advancing their education, to cover fees, scholarships, maintenance allowances and/or grants for travel, uniforms, books and stationery and bedding and personal needs; and/or

  4. (ii) In providing for their education and/ or training, funding for them to undertake travel in furtherance of that education and/or to prepare for entry into any occupation, trade or profession.

The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

In 2020/21 the Trustees took a longer term look at all its activities and prepared a Strategic Plan, so as to ensure it can remain an effective organisation to fulfil its objectives. The plan sets out the Trusts mission as:

“To support girls from deprived backgrounds through education to realise their potential and provide a way out of poverty.”

The plan then sets out the Trust’s vision as:

“To enable the girls we sponsor to stay in school, progress through secondary education and further education and eventually become self-reliant adults.”

The plan also sets out our five strategic priorities as: (i) To have modest and sustainable growth in the number of students we support (ii) To support students through their whole education life cycle (iii) To encourage students to support the Trust once they have completed their

education and to become role models

(iv) To develop a more sustainable financial model for the Trust, based on a variety of methods of fundraising and sponsorship

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Risk Management

The major risk is an inability to pay fees and costs for the individual young people taken on for set periods for each stage of their education. This is not a legal commitment, but Trustees would not want to disappoint a student doing well.

The risk for secondary school students has been mitigated by forward calculations of potential commitments and income for each new academic year, made in October/ December before the start of the main school year each January. Forward cash flow figures are presented to the autumn meeting of the Trust and sponsor payments are checked at the end of December.

Requests for secondary school students to continue into high schools, colleges and universities are sent from Tanzania when allocations are made by the government. The number of such students has grown. Trust capability to make up any shortfall in sponsors funds is dealt with by in-year finance update reports to Board members.

Measures for risk mitigation would have been identified and actioned by the Trust should these have proved necessary. In the last 15 years of operation, however, a loyal and committed set of sponsors have always paid in accordance with their original offers. The forward cash flows did not include any assumptions about the likelihood or otherwise of ‘one off’ donations during the year.

Funds from any donations and from HMRC tax relief are used to provide general school assistance, with items needed usually identified during the Trustee visits to Tanzania. No money is ever sent without adequate cover in the bank account. The Trust currently has reserve funds to cover any shortfall in donations for 2023/24.

The Trust has an agreed Reserves Policy, which is reviewed annually, as follows: The Raheli Trust maintains reserves to enable the Trust to fulfil its objectives and to implement the Action Plan as well as ensuring provision of liquid resources representing a minimum three months operating expenditure. In addition, contingencies may arise due to the long-term nature of the Trust’s activities which may need funding out of reserves in the event of unforeseen circumstances.

Exchange rate risk is dealt with by close attention to fluctuating rates. In 2024 the rates of the £UK against the Tanzanian Shilling/$USD did not differ to the extent that the Trust needed to ask its sponsors to add to their agreed donations. Accumulated reserves will cover any likely shortfall.

Operational risk in the U.K. is minimal. All activities are carried out by volunteers, mainly the Trustees of the charity. There are no paid advisers and UK expenses in the year ended 30 November 2024 were £190.00 plus bank charges.

Achievements and Performance during the year to November 2024

We see our main role as supporting individual pupils for whom we can find sponsors. But we also seek to improve some of the facilities at the school they attend so as to benefit all the pupils, support the dedicated staff and local community.

The main activities undertaken in the year ended 30 November 2024 for the public benefit were:

  1. The first in person visit to Tanzania since February 2019, primarily due to Covid, happened in January 2024. Two trustees and a sponsor visited the school and met with key individuals and students.

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  1. Overall, the visit was highly successful, as all the key people who support the Trust in Tanzania were seen, as well as 41 of the students.

  2. One outcome of the visit was the setting up of the Raheli Trust A Hope for Life. This has enabled our donations to be used for community benefit under local law, in particular to support pupils who currently are at and those who leave Bishop Mpango Secondary School.

  3. Continued communication with local partners in Kigoma following the earlier establishment of the Raheli Education and Livelihood Support Development Group continued. This has enabled our donations to be used for community benefit under local law, in particular to support pupils who were at the Archbishop Kahurananga Secondary School and those now pursuing post-secondary school education.

  4. Fund raising for the provision of fees and support for 41 students, specifically:

  5. 16 students attending Bishop Mpango Secondary School in Kibondo,

  6. 18 students attending High School or Vocational Colleges

  7. 7 students at University

For those at Bishop Mpango Secondary School costs included school fees and contributions; uniforms, transport; pocket money; books and stationery; and accommodation for those in the school hostels.

Costs for those undertaking post-secondary studies included fees; food and accommodation; transport; and pocket money.

Students at high schools and colleges are based in locations across Tanzania and college students are studying a variety of courses including Mining Engineering, Clinical Medicine, Procurement and Teaching.

This support could not be given without the generous help of our sponsors.

  1. The Trust continues with the provision of information for sponsors on the progress of individual students and arrangements for communication from students to the sponsors and vice versa. A sponsors’ evening event took place in March 2024.

  2. The Trust has considered the need to improve the marketing of its work. To assist it has a Facebook page which is regularly updated and has proved a useful mechanism for publicity to individual sponsors and others.

  3. The Trust has also identified the need to secure funding from sources other than individual sponsors. It has produced a corporate funding fund-raising leaflet in 2023.

  4. The Trust has also now developed its own website that provides information about our work, and provides contact details for anyone interested in supporting the Trust: https://therahelitrust.com/

  5. The Trust has established an Alumni Network of students who have been supported by the Trust and have finished their studies. It is hoped that the members of the Network will be able to be role models for current students, and provide mentoring as appropriate.

  6. The Trust has identified a former teacher from Archbishop Kahurananga School to support the Trust, particularly by making personal contact with all those young people

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being supported. It has been particularly useful to have additional support in the country.

Financial Review

The Charity operates on a Payments and Receipts basis, in accordance with the requirements of the Charity Commission.

In the year ended 30 November 2024 the Trust received a total of £22,842 from sponsors and in donations. There was no gift aid income claimed, and £4453 in restricted funds. Total income was £27,295. It sent £35,860 to Tanzania during the year in staged payments and incurred £490 in bank transfer fees. There were £191 other UK expenses.

The balance in the bank account on 30 November 2024 was £10,104. There are no other liabilities.

They were also subject to inspection by an Independent Examiner, whose report is attached.

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Financial Statement for the year ended 30 November 2024 (2023/2024)

----- Start of picture text -----
RECEIPTS AND PAYMENTS
Unrestricted Restricted Total Last year
funds funds Funds 2022/2023
£ £ £ £
Receipts
Sponsorships 22193.86 4453.33 26647.19 25964
Individual donations 648.72 0 648.72 465
HMRC tax relief 0 0 0 10090
Total Receipts 22842.58 4453.33 27295.91 36519
Payments
Sent to Tanzania 35860.05 35860.05 43826
Expenses in the UK 190.93 190.93 0
Bank Charges 490 490 330
Total 36540 36540 44156
Excess of receipts over
payments
Excess of payments over 9245.07 7637
receipts
Cash funds last year end 19348.57 19349
Cash funds this year end 10103.50 26986
Statement of assets and liabilities at the end of the period
Cash Funds 10103.50 10103.50
Other assets 0 0 0 0
Legal Liabilities 0 0 0 0
Expenses - UK £
Bank Charges 490
Other expenses 190.93
----- End of picture text -----

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Summary Financial position (£)

Bank at
1.12.23		 Income
from
sponsors
Includes
individuals		 HMRC
Gift
Aid
refund		 Total
Income		 Bank +
income		 Payments
to Tanzania
Includes
bank
charges
(excludes
UK
payments)		 Expenses
in UK		 Total
expenditure		 Bank at
30.11.23
19348 27295 0 27295 46644 36350 191 36540 10104
Signature
Print
Name
Date of
Approval		 Signature
Print
Name
Date of
Approval		 Signature
Print
Name
Date of
Approval
S.Percy
26/08/25
Ra Pay
on
~~P ~~ C. Tuke
~~P

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|||||| |---|---|---|---|---| |Charity Name|No (if any)| |Raheli Trust|1135046| |Receipts and payments accounts|CC16a| |For the period|Period start date|Period end date| |To| |oon|from|01.12.23|30.11.24||| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £| |A1 Receipts| |22,842|4,453|-|27,295|36,519| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-|

----- End of picture text -----

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Sub total|(Gross income for| |4,453|-|27,295|36,519| |AR)|[ 22,842 ]| |A2 Asset and investment sales,| |(see table).| |-|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|-|-| |=|Total receipts|22,842|4,453|-|27,295|36,519| |A3 Payments| |36,540|-|-|36,540|44,156| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|[ 36,540 ]|-|-|36,540|44,156| |A4 Asset and investment| |purchases, (see table)| |-|-|-|-| |-|-|-|-| |Sub total|[ - ]|-|-|-|-| |———|Total payments|36,540|-|-|——|36,540|44,156| |Net of receipts/(payments)|- 13,698|4,453|-|- 9,245|- 7,637| |A5 Transfers between funds|-|- -|-|-| |A6 Cash funds last year end|14,349|5,000|-|19,349|-| |Cash funds this year end|==|651|9,453|- 10,104|=>|- 7,637|

----- End of picture text -----

CCXX R1 accounts (SS)

27/08/2025

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Section B Statement of assets and liabilities at the end of the period

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||||||| |---|---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|652|9,453|-| |-|-|-| |-|-|-| |Total cash funds|652|9,453|-| |(agree balances with receipts and payments| |===|account(s))|Agreement Error|OK|==|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |—=——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |ae| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |mat| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|-| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |S.Percy|02/06/2025| |C.Tuke| |———|02/06/2025| |CCXX R2 accounts (SS)|2|

----- End of picture text -----

27/08/2025

Independent examinerfs report on the accounts t¥. Section A Independent Examiner's Report Lfi.•.., Report to the trustees Raheli Tnjst On accounts for the year ended December 2024 Charlty no (if any) 1135046 Set out on pages I report to the trustees on my examination of the accounts of the above charity {"the Trust.) for the year ended Responslbilitles and basis of report As the charlty's trustees, you are ￿spOnSible 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 Trusfs accx)unts Ca￿led out under section 145 of the 2011 Act and in carrying out my examination. I have followed all Ihe applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent tThe charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualrfied member of [insert name of applicable listed bodyll. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in. any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act: or the accounts did not accord with the accounting records: or thè accounts did not comply with the applicable requirements con￿mIng 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 'twe and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no olher matter6 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. . Please delete the words in the brackets rf they do not apply. Signed: Date: aa 01 Name: VAfvJboM Relevant professional qualification(s) or body (if any): &TI JLCOLJfvrrAW . IER Oct 2018

Address: ILI-SToN& LWÉ Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Gfve here brfef details of any items that the examiner wlshes to dlsclose. IER Oct 2018