## ## ## ## ||||||||SQRP reference|| |---|---|---|---|---|---|---|---|---| |Summary||ofthe purposes||||of|Para 1.17|THE PRINCIPLE OBJECTIVE OF THE| |the charity|||as set|out|in its|||TRUST ISTO FACILITATE THE| |governing||document||||||EDUCATION AND DEVELOPMENT OF| |||||||||DISADVANTAGED
CHILDREN
IN SOUTH| |||||||||AFRICA, THROUGH
THE FINANCIAL| |||||||||SUPPORT OF THEIR EDUCATION. THE| |||||||||BENEFICIARIES OF THE TRUST ARE| |||||||||BOTH CHILDREN FROM LOWER SOCIO-| |||||||||ECONOMIC BACKGROUNDS WHO MAY| |||||||||OTHERWISE BEEXCLUDED FROM A| |||||||||PROPER EDUCATION,
AND THE| |||||||||QUALIFYING INSTITUTIONS WHO| |||||||||PROVIDE EDUCATION SERVICES.| |||||||||QUALIFYING INSTITUTIONS ARE: A)| |||||||||ANY SCHOOL OR HIGHER EDUCATION| |||||||||INSTITUTION (AS DEFINED BYTHE| |||||||||SOUTH AFRICAN SCHOOL ACT OF| |||||||||1996,AND THE HIGHER EDUCATION| |||||||||ACT OF 1997),PROVIDED THAT THESE| |||||||||INSTITUTIONS PROMOTE THE| |||||||||EDUCATION
AND/OR
DEVELOPMENT| |||||||||OF UNDER-PRIVILEGED
CHILDREN;| |||||||||AND 8)ANY NON-PROFIT
INSTITUTION| |||||||||HAVING SIMILAR OBJECTIVES TO THE| |||||||||TRUST.| |Summary
ofthe main
activities
in relation to those|||||||Para 1.17and
1.1S|Provision ofschool fees, books, school
clothes, extra lessons, and/or transport| |purposes||for the public||||||to/from school| |benefit,|in|particular,|||the|||| |activities,||projects||or||||| |services|identified|||in|the|||| |accounts.||||||||| |Statement|||confirming||||Para 1.18|Trustees have had regard to the| |whether|the trustees||||have|||guidance
issued by the Charity| |had regard|||to the|guidance||||Commission
on public benefit| |issued by||the Charity||||||| |Commission|||on public|||||| |benefit||||||||| ## |||||SORP reference|| |---|---|---|---|---|---| ||||||NIA| |||||Para 1.38|| |Policy on|grant making||||| ||||||N/A| |||||Para 1.38|| |Policy on|social investment||||| |including|program||related||| |investment|||||| ||||||NIA| |||||Para 1.38|| |Contribution||made|by||| |volunteers|||||| |Other|||||| ## |Achieve|ments
and Per|formance||||| |---|---|---|---|---|---|---| |||SORP reference||||| ||||Since August 2012,the||trust has|| ||||supported|the education|costs for a|| ||||number of|disadvantaged|children|in| |Summary
ofthe main
achievements
ofthe charity,||Para 1.20|South Africa.|||| |identifying|the difference the||Nithout Bokamoso's support these|||| |charity's|work has made to||children are unlikely to||have received an|| |the circumstances
of its|||education|ofthe quality|that they have|| |beneficiaries
and any wider|||received.|||| |benefits to society as a||||||| |whole.||||||| |Achievements|against|Para 1.41| |---|---|---| |objectives set||| |||Para 1.41| |Performance|offundraising| |---|---| |activities against objectives|| |set|| |Investment|performance| |against objectives|| |Other|| ## |Financial|Financial|Review|Review|Review|Review|Review||||| |---|---|---|---|---|---|---|---|---|---|---| |Review of||the charity's|||||||Para 1.21|The charity is in sound financial| |financial|position|||at||the|end|||position. It only makes an annual| |ofthe period||||||||||commitment
to support a number of| |||||||||||identified
children
during the year.| |||||||||||Bokamoso holds sufficient reserves for| |||||||||||at least ayear's commitment,
in| |||||||||||advance of makin
that commitment.| |Statement||explaining||||the|||Para 1.22|The charity is in sound financial| |policy for holding||||reserves||||||position. It only makes an annual| |stating why|||they|are||held||||commitment
to support a number of| |||||||||||identified
children
during the year.| |||||||||||Bokamoso holds sufficient reserves for| |||||||||||at least a year's commitment,
in| |||||||||||advance of makin
that commitment.| |Amount|of|reserves||||held|||Para 1.22|At 31 December 2022 Bokamoso held| |||||||||||R194,908.15in assets on its balance| |||||||||||sheet, with reserves off101,825.85, and| |||||||||||holding
Ring Fenced Funds of| |||||||||||f93,082.30.| |Reasons|for||holding|||zero|||Para 1.22|NA| |reserves||||||||||| |Details offund materially||||||||in|Para 1.24|NA| |deficit||||||||||| |Explanation|||ofany||||||Para 1.23|NA| |uncertainties|||about the|||||||| |charity continuing|||||as a going|||||| |concern||||||||||| |Additional||information|||||(optional)|||| |You ma|choose to||||include|||further statements||where relevant about| |||||||||||Monthly donations
from individuals.| |||||||||||Donations
from fund-raising
events.| |The charity's
principal
sources offunds (including|||||||||Para 1.47|Corporate donations.| |any fundraising)||||||||||| |||||||||||All assets are held in a UK bank account| |Investment
objectives||policy and
including
any|||||||Para 1.46|| |social investment||||policy||||||| |adopted||||||||||| |||||||||||1) The major risk tothe Trust is the| |||||||||||loss ofdonors which leaves trust| |A description|||ofthe|||principal|||Para 1.46|unable to support beneficiaries| |risks facing||the charity||||||||for commitment
period. Mitigated| |||||||||||by annual
commitment,
with| |||||||||||reserves
in advance of| |||||||||||commitment.| |||||||||||2)
Furthermore,
the Trust has forged| |||||||||||a strong and enduring| |||||||||||relationship
with the South| |||||||||||African Trust which is registered| |||||||||||as a Public Benefit Or anisation| |||(PBO).Such organisation
was|| |---|---|---|---| |||established
in 2008and is|| |||focussed on providing
financial|| |||and mentor support for the|| |||education ofunderprivileged|| |||children
in Johannesburg
and|| |||Cape Town, South Africa.|| |||The UK Trust pays the SAtrust|a| |||lump sum in arrears for the|| |||education ofparticular|| |||beneficiaries
as well as certain|| |||agreed administrative|| |||expenditure.|| |||The UK Trust is reliant on the|| |||reports and executive team ofthe|| |||SA based trust in relation tothe:|| |||Communications
with the UK|| |||trust as well as the ultimate|| |||beneficiary
and families|| |||thereof;|| |||Financial compliance
with|| |||objectives ofthe Trust for the|| |||proper allocation offunds|| |||received from the UK Trust|| |||Co-ordination
and mentoring|| |||ofthe beneficiaries
ofthe|| |||Trust|| |In|mitigation
ofthe above:||| ||i.|The two trusts have signed|a| |||service level agreement|| |||setting out the reporting,|| |||demonstrative
and other|| |||services to be provided|| |||between the trusts;|| ||ii.|The SA trust's financial|| |||statements
have to be|| |||submitted
to the SARStax|| |||exemption
unit each year for|| |||review as a PBO and is|| |||currently
voluntarily|| |||registering
as a non-profit|| |||organisation
which requires|| |||further continuous|| |||government
oversight on such|| |||entity's financial statements|| |||and spending
in accordance|| |||with its objective;|| ||iii.|The verification ofthe Trust|| |||beneficiaries as Black Persons|| |||as classified within the B-|| |||BBEECodes is undertaken|by| |||KPMG or such other|| |||authorised
verification
agents|| ||iv.|The SAtrust has generated|| |||and adopted policy|| |||documents
in relation to,|| |||amongst other things:|| |||Risk mana
ement|| ## |Description
of charity's||||| |---|---|---|---|---| |trusts:||||| |Type ofgoverning
document||Para 1.25|Trust Deed|| |'trust deed, ro ai charter||||| |How is the charity||Para 1.25|Unincorporated|association| |constituted?||||| |(e.g unit Icolpora'ted||||| |association, Clo)||||| |Trustee selection methods||Para 1.25|New trustees chosen by democratic|| |including
details ofany|||vote ofa majority ofexisting trustees.|| |constitutional
provisions|e,g.|||| |election to post or name|of|||| |any person or body entitled||||| |to appoint one or more||||| |trustees||||| |Additional
information|(optionali|||| |You ma
choose to include further statements|||where relevant about|| ||||All new trustees|given CC3A charity| ||||trustee: what's|involved| |Policies and procedures
adopted for the induction||Para 1.51||| |and training oftrustees||||| ||||The Bokamoso|Education Trust works| ||||closely with a separate trust in South|| |The charity's
organisational
structure
and any wider||Para 1.51|Africa. This South African trust shares
the same name and purpose.|| |network
with which the||||| |charity works|||The South African trust is responsible|| ||||for execution ofthe Bokamoso|| ||||Education Trust|rima
ob'ective.| |Relationship
with any||Para 1.51||| |related parties||||| |Other||||| ## ## |Charit|name|||Bokamoso Education|Trust| |---|---|---|---|---|---| |Other name the chari|||uses||| |Re istered charit||number||1149316|| |Charity's|principal|address||Coopers Bottom,|| |||||Coopers Lane,|| |||||Dedham|| |||||Essex|| |||||CO7 6AX|| |Funds held as custodian|Funds held as custodian|trustees on behalf ofothers| |---|---|---| |Description
ofthe assets||NA| |held
in this capacity||| |Name and objects ofthe||NA| |charity on whose behalf|the|| |assets are held and how|this|| |falls within the custodian||| |charity's
objects||| |Details ofarrangements|for|| |safe custody and||| |segregation
ofsuch assets||| |from the charity*s own||| |assets||| ## ## ## |~|e||~||~||~|~|~||~ ~|~ ~||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted||Restricted|||Endowment|| ||Categories|||Details||||funds|||funds||funds|| |||||||||to nearest|F.|to nearest a|||to nearest|5| |81 Cash|funds|||||||101,825||||$3,082||| ||||||Total||cash funds|||||||| |||||(agree|balances wtth|receipts and payments||||||||| ||||||||account{a))|||||||| |||||||||Unrestricted||Restricted|||Endowment|| |||||||||funds|||funds||funds|| |||||Details||||to nearest|5|to nearest S|||to nearest|5| |B2Other|monetary assets|||||||||||||| |||||Details||||Fund to which
asset belon s||Cost (optional)|||Current value
o
onal|| |B3Investment||assets||||||||||||| |||||Details||||Fund to which
asset balon
a||C|t(|1
i)|Current value
o tional|| |84Assets retained for the||||||||||||||| |charity's|own|use||||||||||||| |||||||||Fund to which||Amount||dua|When due|| |||||Details||||liablli
relates|||o tlonal||o tional|| |B5Liabilities||||||||||||||| |Signed by one or two trustees on
behalf ofall the trustees|||||ignature||||Print|Name|||Date of
a
o|I| ||||||||||||||8c t w2.|| ||||||||||||||30
/tt
Zo2y'|| |CCXXR2 accounts (SS)||||||C|||||||30/10/2023|| ## ## ## ##