## **Trustees’ Annual Report for the period** ## **From 13/10/2023 Period start date To 12/10/2024 Period end date** **Charity name: Learn For Life** ## **Charity registration number: 1140052** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|•
To raise money to be used for the
purpose of the alleviation of poverty,
improvement of education and
improvement of health
•
To organize such fundraising events
as will generate funds towards the
above object
•
To work closely with other charities
with similar objects to achieve these
goals| |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|This year the charity has invested its
income in a variety of projects towards its
aim as set out in its Registration Deed.
These include:
Scholarships in Nepal
Support for a deaf school in Pakistan
Support of fundraising activity for our
partners via a consultant in the UK| |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 respected and followed
the guidance of the Charity Commission in
using the funds of the charity to public
benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP| |---|---| ||reference| |Policy on grant making|Para 1.38| |Policy on social investment|Para 1.38| |including program related|| |investment|| |||| |---|---|---| |Contribution made by
volunteers|Para 1.38|| |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 has supported the projects
above in a variety of ways to towards the
aims within the Trust Deed. These include:
Improving the physical structure of the
school in Pakistan and paying for teachers’
salaries
Supporting the ongoing training of a
doctors working in rural areas in Nepal
We also supported (via a UK consultant)
the fundraising abilities of some of our
partners.| ## **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** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity has sufficient funds to invest in
the projects which has decided to support
in the charity board meetings. This is
evidenced in the charity accounts.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity’s aim is to hold enough to meet
the next payment to the agreed projects.| |Amount of reserves held|Para 1.22|£74,293| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| |**Additional information (optional)**
You may choose to include further statements|**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|The charity receives donations from one
principal donor and a small amount of other
donations from individuals.| |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.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|It is constituted as a charity.| |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 selected by interview by
existing trustees. References from two un-
related references are sought before the
Trustee is invited to join the Board.| ## **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|Learn For Life| |---|---| |Other name the charity uses|| |Registered charity number|**1140052**| |Charity’s principal address|Ivy Cottage, Sandford, Devon EX17 4EL| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
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**
**(if any)**| |---|---|---|---|---| ||Catherine Anne
Lock|Chair||| ||Karen Newbigging||10/1/24|Trust Board| ||Juliet Anne Kilty|Treasurer|21/7/24|Trust Board| ||Anne Benson||10/1/24|Trust Board| ||Muhammed
Mamun Hossen
Chowdhury|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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 None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**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)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|Catherine Anne Lock|| |---|---|---| |||| ||
Chair|| ||10/1/24|| ||10/1/24|| **Registered Charity No. 1140052** **Learn for Life** **Financial Statements** **for the year ended 13 October 2024** **Learn for Life** ## **Financial Statements** ## **for the year ended 13 October 2024** ## **Contents** ||**Page**| |---|---| |Charity Information|2| |Independent Examiner's Report|3| |Receipts and Payments Account|4| |Notes (forming part of the financial statements)|5| - 1 - **Learn for Life** **Financial Statements for the year ended 13 October 2024** ## **Charity Information** ## **Trustees** Catherine Lock Mohommad Chowdhury Anne Benson (appointed 10 January 2024) Karen Newbigging (appointed 10 January 2024 Juliet Kilty (appointed 21 July 2024) Nnedinma Umeokafor (appointed 10 November 2024) **Registered Charity No.** 1140052 **Contact Address** Ivy Cottage Sandford Crediton Devon EX17 4EL **Accountant** Terry Bridle FMAAT 123 Greystone Walk Cullompton Devon EX15 1GZ - 2 - **Learn for Life** ## **Financial Statements** ## **for the year ended 13 October 2024** ## **Independent Examiner's Report on the Financial Statements of Learn for Life** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 13 October 2024. ## **Respective responsibilities of trustees and examiner** As the charity's trustees, 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 all 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 (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 - he accounts did not accord with the accounting records; or - the accounts did 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. ………………………………………………. ## **Terry Bridle FMAAT** 123 Greystone Walk Cullompton Devon EX15 1GZ Dated: 12th January 2025 - 3 - **Learn for Life** ## **Financial Statements** ## **for the year ended 13 October 2024** ## **Receipts and Payments Account** |**Notes**
**Incoming resources**
Grants and donations
1
Other income
1
**Total incoming resources**
**Less: Cost of generating funds**
Fundraising expenses
**Net incoming resources available**
**Expenditure**
Direct expenditure
2
Administration expenses
2
**Total charitable expenditure**
Total resources expended
**Net income / (loss) for the period**
Inter-fund transfers
Total funds at 14 October 2023
**Total funds at 13 October 2024**
3|**2024**
**2024**
**General**
**Designated**
**fund**
**funds**
**£**
**£**
83,232
-
-
-
83,232
-
-
-
83,232
-
6,909
-
2,030
-
8,939
-
8,939
-
74,293
-
-
-
-
-
**74,293**
**-**
**Unrestricted funds**|**2024**
**Total**
**funds**
**£**
83,232
-
83,232
-
83,232
6,909
2,030
8,939
8,939
74,293
-
-
**74,293**| |---|---|---| - 4 - **Learn for Life** ## **Financial Statements** ## **for the year ended 13 October 2024** ## **Notes to the Financial Statements** ## **1 Incoming resources** |**Income from grants and donations**
General donations
Donation from Colin MacFarlane
**Other income**
Bank interest received
**Total incoming resources**
**Total resources expended**
**Direct expenditure**
Scholarships
Support of schools
**Administrative expenditure**
Consultancy fees
**Total resources expended**
**Statement of movements on funds**
**Designated funds**
Learn for Life
**General / Administrative fund**
**Total Funds**|**As at**
**14.10.2023**
**£**
-
-
-
**-**|**Direct**
**activities**
**£**
2,071
4,838
6,909
2,030
2,030
**8,939**
**Income**
**£**
83,232
83,232
-
**83,232**|**General**
**fund**
**£**
189
83,043
83,232
-
-
**83,232**
**Fund**
**raising**
**£**
-
-
-
-
-
**-**
**Expenses**
**£**
(8,939)
(8,939)
-
**(8,939)**|**Designated**
**funds**
**£**
-
-
-
-
-
**-**
**Governance**
**£**
-
-
-
-
-
**-**
**Inter-fund**
**transfers**
**£**
-
-
-
**-**|**2024**
**£**
189
83,043
83,232
-
-
**83,232**
**2024**
**£**
2,071
4,838
6,909
2,030
2,030
**8,939**
**As at**
**13.10.2024**
**£**
74,293
74,293
-
**74,293**| |---|---|---|---|---|---| ## **2 Total resources expended** ## **3 Statement of movements on funds** - 5 -