2022-12-31-accounts - Lift UK

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Trustees’ Annual Report for the period

From 1[st] January 2022 To 31[st] December 2022

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. This year we have provided support for one of our supported charities to form it’s own board. As well as financial aid, we have provided administrative support.

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	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. By the end of the financial period we have maintained the reserve funds as above and diverted school fees to assist with the local effects of the cost of living rises.
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

Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23	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. Further specific fundraising and donations have been raised to support extra building and expansion projects.
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 video call 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. This year we have been involved with supporting the formation of a charity board in Uganda. Video conferencing has been used to share information and ideas.

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:


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 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
	Mr Richard Woolley	UK Finance & Legal & donor liaison
	Ms Susan Barty
	Miss Tamryn Alexandra Stowell
	Mr Peter Woodman
	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)

Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) 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

The 2022 financial year has provided challenges related to recovery from the pandemic. Along with interesting fluctuations in currency exchanges, we have realised a rise in costs for the charity that we support in Uganda. The cost of living issues in the UK are mirrored in Uganda where our main charity is based. We have been able to manage the rising costs and maintain our required support level.

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 08 March 2023

Charity Name No (if any) LIFTUK 1147360 Receipts and payments accounts CC16a

For the period Period start date Period end date To from 01-Jan-22 31-Dec-22

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 92,648 72,594 26 - - - - - 165,268 - - - 165,268	Restricted funds to the nearest £ - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - -	Total funds to the nearest £ 92,648 72,594 26 - - - - - 165,268 - - - 165,268	Last year to the nearest £
Allocated Funds - Regular Donations	92,648				93,796
Allocated Funds - Single Donations	72,594				68,147
Interest	26				6
	-				-
	-				-
	-				-
	-				-
	-				-
~~AR)~~	165,268				161,949

A2 Asset and investment sales, (see table).
	-
	-				-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
					161,949

Hands for Hope - School fees	- 180,208		-	- 180,208	111,156
Hands for Hope - Building Grant	-	-	-	-	-
Hands for Hope - Purchases	- 540	-	-	- 540	528

Hands for Hope - School fees	- 180,208				-		- 180,208		111,156
Hands for Hope - Building Grant	-		-		-		-		-
Hands for Hope - Purchases	- 540		-		-		- 540		528

Refunds	-	-	-	-	-
Consultancy Fees	- 13,200	-	-	- 13,200	13,700
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	- 193,948	-	-	- 193,948	- 125,384

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					- 125,384

	- 28,680				36,565
					-
	~~199,299~~				~~149,205~~
	170,619				185,770

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

Categories

B1 Cash funds

Unrestricted funds to nearest £ 150,635 1,271 18,713 170,619	Restricted funds to nearest £ - - -	Endowment funds to nearest £
150,635		-
1,271	-	-
18,713	-	-
170,619	-	-

B2 Other monetary assets

B3 Investment assets

B4 Assets retained for the charity’s own use

Details Details Details (agree balances with receipts and payments account(s))	OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs	OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - -	OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-

-		-
-		-
-		-

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Signature Details	Fund to which liability relates Amount due (optional) - - - - - Print Name Richard Woolley	When due (optional)






		Date of approval
	Richard Woolley	05/02/2022

Independent examiner's report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent Examiner's Report Report to the trusteesl members of LIFT UK On accounts for the year ended 31 Dernber 2021 Charity no {if any) 1147360 Set out on pages Respective responsibilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111'the Charities Act"} and that an independent examination is needed. tThe charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of Inamed bodyll Delete I l if not applicable. It is my responsibility to.. @xamine the accounts under section 145 of the Charities Act, lo follow the procedures laid down in the general Directions given by the Charity Commission (under section 145151{b} of the Charities Act, and lo state whether particular matters have come to my attention Bagls of Independent My examination was carried out in accordance with general Directions given examlner's statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes Consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Iruslees concerning any such matters. The procedures undertaken do not provide all the èvidence that would be required in an audit. and consequently no opinion is given as lo whether the accounts present a 'true and fair, view and the report is limited to those matters sel out in the statement below. IER December 2017

Independent In conne(#ion with my exaninatlon, no material matters have come to my examlnef8 statement attenlion (other than that disclosed below J whlch gives me Cause to believe that in, any material respect the accounting records not kept in accordance with secion 130 of the Charities Act,. or the a)Unts did not accord wtth the auntIng records,. or the acUnts did not compty wTrth the applicable requirements conceming the fom and content of a¢counts set out In the Charities (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts give a 'true and fairf View whlch is not a matter cons[derA as part of an independent examination. I have come across no other matters in cOnrli0n wrth thè examinalon to which attention should be dra¥w in this report In order to enable a proper understandlng of the accounts to be reached. ' Please delete Ihe In the brackets rfthoy not apply. 819n". 2è2 Nam•: R•l•v•nt prof••sl¢)nal qualm¢•0n(l> or body (If any): Addro8•: 11 SÈction B Disclosure on complete If the examlner needs to highlight materlal matters of concern {see CC32, Independent examinatlon of charity accounts.. dlrectlons and 8uldance for examiners). IER December 2017