2020-12-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 01 August 2019 To 31 December 2020 Charfty name: Bokamo80 Educatlon Trust Charlty reg5stration nuM￿r. 1149316 Objectlves and Actlvitlos Summary of the PLrrposes ol the charity as set out in its govèming document Parn 1.17 THE PRINCIPLE OBJECTIVE OF THE TRUST IS TO FACIUTATE THE EDUCATION AND DEVELOPMENT OF DISADVANTAGED CHILDREN IN SOLrrH AFRICA THROUGH THE FINANCIAL SUPPORT OF THEIR EDUCATION. THE BENEFICIARIES OF TtrtE TRUST ARE BOTH CHILDREN FROM LOWER SOCI( ECONOMIC BACKGROUNDS WHO MAY OTHERWISE BE EXCLUDED FROM A PROPER EDUCATION. AND THE QUALIPIING INSTITUTIONS WHO PROVIDE EDUCATION SERVICES. QUALIFYING INSTITUTIONS ARE: A) ANY SCHOOL OR HIGHER EDUCATION INSTITUTION IAS DEFINED BY THE SOUTH AFRICAN SCHOOL ACT OF 1996, AND THE HIGHER EDUCATION ACT OF 1997). PROVIDED THAT THESE INSTITUTIONS PROMOTE THE EDUCATION ANDIOR DEVELOPMENT OF UNDER-PRIVILEGED CHILDREN; AND B} ANY NON-PROFIT INSTITLMON HAVING SIMILAR OBJECTIVES TO THE TRUST. Provlsion of school foes, books. school clothes. extra lessons, andlor transport tolfrom school Summary ofthe main activities in ￿tatiOn to those purposes for the public b￿￿fil. in particular, the aCtiVit￿s, projects or S8￿c8S identified in the accounls. statemenl confimiing whether the trustees have had regard to the guidance issued by thè Charfty Commrsslon on public beneffit Para 1.17 ¥rfJ 1.19 Para 1.18 Trust•83 hav• had r6gard to tho guldance Issuèd by Ihè Charity Comml8•ion on public b6ngfft Addltlonal Infomiation (optlonal) You may choose to indude further statements whère relevant about..

SORPref8r8nc NIA Parn 1.38 Pollcy on grant maklng NIA PBra 1.38 Policy on social inveslmenl induding program relaled investment NIA Para 1.38 Contribution made by volunl88rs Achlevements and Performance SORP rèf6rent* Slnce August 2012. the trust has 8UPPOrted the education costs for a number of dlsadvanlagèd Chlldren In South Afrl¢a. Summary ofthe main achievements of the charity, klentrfying the difference the charity's work has made to th8 clrcumstanc8s of Its ben&fiaaries and any wider benefrts to society Ss a whole. ro1.20 Without Bokamoso's support these childron are unllkoly to have received an oducatlon of tho quallty that they hav• recelved AddlU¢Jnal Informatlon (opllonall You ma choose to indude further stslement8 where relevant abo￿.. Athievements against objectives set Parn 1A1 Para 1.41

Perfornance of fvndraising activilies against objeclives set Investment perforniance against obj'ectrves P*a 1.41 Other

Flnanclal Revl•w Review of the charity's financi81 position at the erKI of the period Para 1.21 The charlty Is In sound flnanclal posltlon. It only makos an annual commitment to support a number of Identified children during the year. Bokamoso holds sufflclont r￿erVeS for at I￿1 a yoar's ¢ommltm•nt, In advance of rnakln that ¢ommhment. The charlty Is In sound financial position. It onty makos an annual | commitment to support a number of Id6ntlfi•d children during thg yaar. Bokam050 hold5 sufflclent re3grves for at least 8 year's commilment, In advance of rnakln that commitm8nt. At 31 D•c•mbor 2020 Bokamoso held 1 £112,233.24 in assets on118 balance shee( wlth reservo$ of £92332.24 NA Slat8ment éxplaining the policy for holding reserves stating why they are held Para 122 Amount of reserves hekl Para 122 Reasons for hokllng zero reserves Details of fund materially in deficit Explanation of any uncertainties about the tharity continuing as a 9)ing concem Para 1 Para 124 Parw 1.23 NA Addltional information (Qptlonal) You ma choose to include further statements where relevant abouL' Monthly donatlons from individuals. Donatlons from fun&raising events. Corporate donations The charivs prinapal sources of funds {induding any fundraising) Para 1.47 All assots aro hold In a UK bank account Investment policy and objectives Indudlng any social inv8stment policy adopted Para 1.46 1) Thfr major rlsk to the Trust Is thfr loss of donors whl¢h l•aves trust unable to support bengflciarlgs for commitment period. Mitigatsd by annual commilmont, with rwrves In advanco of commitment A description of the priniipal risks facing the challty Para 1.46 2) Furthernioro, tho Trust ha8 fwged strong and enduring relatlonship with the South Afrlcan Trusl whl¢h1g reglstered a8 a Publlc Benefft Organlsatlon (PBO). Such organisation was e8tabli3hed In 2008 and Is

focussod on provlding flnanclal arbd montor support for the oducation of undèrprlvll•ged chlldren in Johannosburg and Cape Town. South Afrlca. The UK Trust pays tho SA trust a lump 8um in arrears for the gducation of particular b•nèflciarle$ as wo11 as certain agreed admlnlstratlva expendlturo. Tho UK Trusl Is reliant on the reports and ex•cutive tsam of tho SA based trust in relation to the: Communications with the UK trust as well as the ultimate benefl¢lary and famllles thereof; Financial compllanco with objectivos of the Trust for the propw allocatlon of funds receivgd from the UK Trust Ctrordlnation and montorfng of the beneficiaries of the Trust In mltigation of the above- The two trusts ha￿ slgned a servicelovel agreemont sotting out the reportlng. demonstratlve and other servl¢os to be provldod botween the trusts,. The SA trust's financial stst•rnents havo to be submlttod to the SARS tax exemptlon unlt each ￿ar for r•view as a PBO and is currèntly voluntsrlly règlsterlng as a non-profrt oryanisation which requires further conlinuous govemment oversight on such gntlty's financial Statements and spendlng Sn ac¢¢)rdance wlth Its objectlve: The verlfication of the Trust benefi¢larios as Black Persix as classified withln tho B8EE Codes is undertaken by KPMG or such ¢)thor authorfsed ￿rIflCatl0n agènts Tho SA trust has genoratsd and adopted pollcy documents in relatlon to, amongst other thlngs: Risk n￿na9&MOnt Regular Flnanclal review and ros•rves assessment for current beneficiarl•$ iv.

Regular donor eroslon managom•nt and rovlew CRM systems and ¢ommunicatlon chanMIs Safeguarding vulnerable noficlarlos Regular communication wlth benoficiaries and famllles Relationshlp and channo18 ol communlcatSon wlth schools Rolatlonshlps. assessment and r•vlow of mentors and saThl¢e provlders Complalnts handllng Communlcation channels for complaints Procedures for ¢omplalnts handling and rlght of represenlatlon arml revlow Chlld Incldent reportlng and mana em•nt Oth8r

Structure. Governance and Management Descrfption of charfty's trusts: Type of goveming document PaA 1.25 How 15 th8 charity constituted? lidiated Parn 1.25 Unlncorporated associatlon Trustee sèlection melhc¥J5 including details of any constitutional provisBJns e.g. 6ledit)n to post or name of any person or tody entlt lo appoint one or more trustees Parn 125 New tru8t••s cho8en by democrntle vot• of a malorlty of exlstlng tru8tè•s. Addltlonal Informallon {optlonal) You ma Choose to include further ststements where relevant about: All nèw trust•es given CC3A charity tru8ts•". whavs Involved Policies and protsdures adopted for the induction and training of truslees 1.51 The Bokamoso Educatlon Trust works closely wlth a separate trusl in South Afrlca. This South African trust shares the samo nam• and purpo8•. The charity's organisational structure and any wider network wlth which the charity works Paro 1.51 The South African t￿￿tI8 responsible for oxècution of tho Bokam080 Educatlon Trust rima NA RelationshSp with any related parties P8rn 1.51 Oth8r Reference and Admlnistrative details Cha name Other name Ihe chari uses ist8red charit number Charlvs principal address Bokamoso Educatton Trust 1149316 Cooper5 Bottom, Coopers Lane, Dedham Essex C07 6AX

Names of thè charlty Irusto•s who manago tho charlty Date• acted If not forwhol• TN¥ts• nam• Offl¢e (If any) mg of pgrjon lor body) •ntitlgd oint trust•0 lo Sean Steyn Samantha Risely CraNJ David N&wsam Rlsely Grant Webster ApFc4nted 2110812012 ApFdnted 0710212018 ApFointed 0610312017 Trustee body Trustee body Trustee body Appk)inted 2711012015 ApFointed 0910312021 Apwlnted 0910312021 ApFM)inted 2110812012 Appointed 09103r2021 Trustee body Trustee body Trustee body Trustee body Trusteé b¢xIy Tra￿Y Douthwaite Paula Webster Richard Alan Kirk Robert Patrid( Burrough5 Jarred Vock Appointed 0910312021 Trustee body 10 11 12 13 14 15 16 17 18 19 20 orate tTUStè8s- names of the dlrectors al the date the re Dlrector name ortwasa rov8d NA Name of trusteés holdlng lille lo property belonging to the charity namg D#t•6 aCt•d If noi for whol• NA

Funds held as custodlan truste•$ on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose b&half the assets are held and how this falls wlthin the (yjstodian hanvs Ob￿Cts NA D&tai15 of aTrangemonts for safe custody and segregation of such assets from the charitls own assets Addltlonal Information (optlonal) Names and addrosses of advisers (Optional inforn)atlon) Type of Name Address advisor Namo of chlof 0x•CUti￿ or names of senior staff m8mbors Iopuonal Informatlon> Exemptions from dlsclosure Reason for non-disch)sure of ke grsor¢nel detalls Other o tional information

Declarations Th? trustgas doclarn that thoy havo approv￿ th• trust•es' report abov•. Slgned on behalf of thg ¢harity'S stsos Slgnaturnls) Full n￿n•(s) Position (eg Secrotary. Chalr. etc) 01 IOZI

CHARITY COMMISSION FOR ENGLAND AND WALES Boksmoso Education Trusl 11493f6 Receipts and payments accounts F¢x tho pftrfod CC16a Poriod 4t8rt date 01-Au ?eriod erf dale 31-W20 Section A Receipts and payments Unr¥trict•d lund8 Restri¢t•d funds ttyth• rThl £ t• th• ￿•r￿tE Endowm•nt funrls Total funds Last year t•the n¥rwt£ Al R•celpts tothv nw••t£ rp)ratfr o￿al¢￿ts Just Gv Inial￿d￿l- 10.$00 30,000 1.122 64073 1.122 Sub total(Grth8s income for AR) A2 A8S•t and Inwstmen¢ s*• 1509 labl•l. Sub to Yo￿r•e•l￿tS 4oAoo A3 Payment8 8ubKriptson Lin¢oTh &Swrey 16$ 11,3 Pawwtc 31.92 Sub total A4 A•••t and InyTstm•nt PU￿h￿t$. t•bf•) Sub tot•1 N•t of rec•lptsJ(payments) AS Trnn¥f•r8 fund¥ A8 Cash lund• lut y•ar •nd 19JOI . a£££ 69,251 112,233 19.901 ¢CXXR1 aCCOLtntsissi

Section B Statement of assets and liabilities at the end of the period Restrlthd fund¥ to nthwMt£ Endowm•nt fund to n•mtt ¢otegorle5 Detsils funds to n••r••t 1C￿hfv YJ2 Tot•1 ¢•sh funds i)) Unr••trlct•d R•strl¢t•d fvnd• to ￿￿1£ Endowm•nt funds ton•Jrwl£ Detslls CurMntTAIu• Detslls •••t b•lon Fund lowhl¢h •wl ￿on Dei8lls C(•tlopdM¥I Curr•ntv4lu• B4 Assets r•tslnod for lh• ch•rWs own Wh•n Detall$ B5 Uabllltl•# Z•4• Svdr*d by ¢xeor ￿ trusts88 on t4half ofall truthBts Dole of Ix ZOZI CCXX P2 •cwunts tss)

34 Ripley Gardens London SW14 8HF 28 September 2021

Dear Sir/Madam,

Independent examiner’s report to the Trustees of Bokamoso Education Trust

I report to the trustees on my examination of the accounts of the Bokamoso Education Trust (the Trust) for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 giving me cause to believe that in any material respect:

1. Accounting records were not kept in respect of the Trust, as required by section 130 of the Act; or

2. The accounts do not accord with those records.

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 ensure a proper understanding of the accounts to be reached.

Richard Hill CA(SA)

Chartered Accountant and member of the South African Institute of Chartered Accountants