Trustees’ Annual Report for the period
From 1[st] April 2020 To 31[st] December 2020
Charity name: LIFT UK
Charity registration number: 1147360
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objectives of LIFT are as follows: 1. To advance the education and training of vulnerable children, young people and adults living in urban settlements or rural poverty, by such means which the Trustees may from time to time determine. 2. To relieve poverty, sickness and preserve and protect the good health of vulnerable children, young people and adults living in urban settlements or rural poverty by the provision of health care and nutrition. |
| 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 |
LIFT UK fundraises and accepts donations in order to provide monies via a grant application to selected overseas projects. The overseas projects report regularly to LIFT in order to ensure correct usage of funds. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 |
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 | Steady fundraising has allowed us to provide funds for expansion of a school for the project that we support in Uganda and allow them to expand their program for intake of new students. As part of the grants we have provided, the money has been used to help relieve poverty in the Namawongu area of Kampala, Uganda by providing child and adult education and resources necessary to feed and clothe people. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against | Para 1.41 |
|---|---|
| objectives set | |
| Performance of fundraising | |
| activities against objectives | Para 1.41 |
| set | |
| Investment performance | Para 1.41 |
| against objectives | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Sufficient funds are to be held on account in order to service an ongoing grant system to provide education and nursery places to children in Uganda under the Hands for Hope, Uganda project and the Ray of Hope project. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| 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 where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The principal sources of funding are from monthly donations with larger sums coming from fund raising for specific projects. In this financial year, funds have been provided to service the ongoing grant system with Hands for Hope and Ray of Hope. Both projects are in line with the Trust objectives. |
|---|---|---|
| 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 | We employ several overseas administrators and managers to ensure the Trusts money is being allocated properly. As part of our Trustees meetings a representative of the projects we are supporting joins us via Skype so that we can receive up to date reporting on how the grants are being used to make sure they are being used as intended. |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Declaration of Trust |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trustee Constitution |
| 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 |
Additional information (optional) You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction and Para 1.51
training of trustees
The charity’s organisational
structure and any wider Para 1.51
network with which the
charity works
Relationship with any related Para 1.51
parties
Other
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Reference and Administrative details
Charity name Other name the charity uses Registered charity number Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 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) |
|---|---|---|---|---|
| Mr Robert Carter | Chair/ A&B Diocese/ schools liaison |
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| Mr Richard Woolley |
UK Finance & Legal & donor liaison |
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| Mr Joseph Cummiskey |
Overseas Liaison/ finance |
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| Mr Stephen Cummiskey |
Marketing/ publicity: |
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| Miss Tamryn Alexandra Stowell |
||||
| Mr Peter Woodman |
||||
| Ms Susan Barty | ||||
| Yik Tuan Lee | ||||
– 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) Full name(s) Richard Woolley Position (eg Secretary, UK Finance Chair, etc) Date 31 Oct 2021
Charity Name No (if any) LIFTUK 1147360 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01-Apr-20 31-Dec-20
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 61,248 39,023 70 - - - - - 100,341 - - - 100,341 |
Unrestricted funds to the nearest £ 61,248 39,023 70 - - - - - 100,341 - - - 100,341 |
Restricted funds to the nearest £ - - - - - - - - - - - - |
Restricted funds to the nearest £ - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - |
Total funds to the nearest £ 61,248 39,023 70 - - - - - 100,341 - - - 100,341 - 72,118 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|
| Allocated Funds - Regular Donations | 61,248 | 87,347 | ||||||
| Allocated Funds - Single Donations | 39,023 | 86,691 | ||||||
| Interest | 70 | 6 | ||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| Sub total(Gross income for AR) |
100,341 | 174,044 | ||||||
| A2 Asset and investment sales, (see table). |
||||||||
| - | ||||||||
| - | - | |||||||
| Sub total | - | - | ||||||
| Total receipts A3 Payments |
||||||||
| 174,044 | ||||||||
| Hands for Hope - School fees | - 72,118 | - | - 72,118 | 79,302 |
| Hands for Hope - Building Grant | - | - | - | - | 118,427 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Hands for Hope - Purchases | - | - | - | - | 597 | ||||
| Refunds | - | - | - | - | 20 | ||||
| Consultancy Fees | - 14,693 | - | - | - 14,693 | 775 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | - 86,812 | - | - | - 86,812 | 199,121 |
| **Sub total ** | - - - - - 86,812 |
- - - - - |
- - - - - |
- - - - - 86,812 |
- - - - 199,121 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| A4 Asset and investment | |||||||||||
| purchases, (see table) | |||||||||||
| - | - | - | - | ||||||||
| - | - | - | - | ||||||||
| **Sub total ** | - | - | - | - | - | ||||||
| Total payments | - 86,812 | - | - | - 86,812 | 199,121 | ||||||
| Net of receipts/(payments) | 13,529 | - | - | 13,529 | - 25,077 | ||||||
| A5 Transfers between funds | - | - | - | - | |||||||
| A6 Cash funds last year end | 149,205 | - | - | 149,205 | 53,522 | ||||||
| Cash funds this year end | 162,734 | - | - | 162,734 | 28,445 |
Section B Statement of assets and liabilities at the end of the period
| Categories unds |
Details LIFT Account Building Fund LIFT 100 Club |
Unrestricted funds to nearest £ 142,783 1,269 18,683 |
Restricted funds to nearest £ - - |
Endowment funds to nearest £ |
|---|---|---|---|---|
| LIFT Account | 142,783 | - | ||
| Building Fund | 1,269 | - | - | |
| LIFT 100 Club | 18,683 | - | - |
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the charity’s own use
| Total cash funds | 162,734 | - | - | |||||
| (agree balances with receipts and payments | ||||||||
| account(s)) | OK | OK | OK | |||||
| Unrestricted | Restricted | Endowment | ||||||
| funds | funds | funds | ||||||
| Details | to nearest £ | to nearest £ | to nearest £ | |||||
| - | - | - | ||||||
| - | - | - | ||||||
| - | - | - | ||||||
| - | - | - | ||||||
| - | - | - | ||||||
| - | - | - |
| Fund to which asset belongs |
Cost (optional) - - - - - |
Current value (optional) |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - |
Details
| Fund to which asset belongs |
Cost (optional) - - - - - |
Current value (optional) |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - |
Details
| - | - | |
|---|---|---|
| - | - | |
| - | - | |
| - | - |
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
Details
Fund to which Amount due When due liability relates (optional) (optional) - - - - - Date of Signature Print Name approval Richard Woolley 5 Feb 2022
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examlnerfs report on the accounts Section A Independent Examiner's Report R8port to the trustsesl membors of LIFT UK On accounts forthe p¢rlod ended 31 December 2020 Charlty no (If any) 1147360 Sot out on pages Iretna41ber io iiidiide Ihepa9e numbers oladdilK)nal sheels} I report to the trustees on my examinatK)n ofthe acUnts ofthe above tharity l.the Trusf) for the period ended 31112020. Responsibilities and As the charity trustees ofthe Trust you are re8ponsible for the preparatK)n basis of report of the accounts In accordance with the requirements ot the Charitte8 2011 llhe Acr). I report in respeci of my examination of Ihe Trusts accounts carded out under sedion 145 of the 2011 Act and in carying out my examination. I have followed the applirAble DirectTons gwen by the Charlty Commission under section 145{5)(b) of the kL I have completed my examination. I confimi that no material matters have come to my attention (other than that disdosed below") in ¢onnection with the examination whid) gives me cause to belleve that in, any matsrkgl respect.. accounting records were not kept In accordanc8 Wtth section 130 of tho Acl or the accounts do not wrf(h the accounllng rerdS Independent examinerfs statement I have no concerns and have come across no other malter8 in connection with the examination to which attention should be drawn in order to enab a proper understanding ofthe accounts to be reached. ' Please delete the words in the brackets rfthey do not 8ppIy. Signod: Date: Lr 2oLI Namo: Klm Swain Relovant professional qualllkatlon(s) or body (If any): FCA Address: Radford & Sergeant Building 3. Watthmoor Park. Camberiey. Surrey. GU15 3YL IER Octobèr 2018
Section 8 Disclosure Only complete rf the examiner needs to highlight matters of conrn (see CC32. Independent examination of ¢harlty accounts.. dlreclions and guidan for examiners). Give horo brief details of any Item8 that the 0xamin•r wishes to di8c108e. IER October 2018