FAB Projects Annual Report 2023
Food, Aid & Building Projects - Reg. Charity Number 508111
This report highlights FAB Projects’ activities in 2023 and contains an overview of our finances for the period.
Statement of the Trustees
All of us at FAB are very thankful for the determined support of our fans and followers. It goes without saying that the work we have carried out could not have been achieved if it were not for the kind support of our donors. FAB and thousands of Kenyans today and tomorrow offer the most heartfelt thanks to you all.
FAB was first envisioned in 2009 when two men, who met in Kenya, were touched by the lives and hardships experienced by ordinary Kenyan people. By 2010 we had dreamt up the brand ‘FAB Projects’ which represented our goals to ensure the provision of Food and water via short-term Aid and longterm Building Projects and we went on to raise funds and gained official UK registration by 2013.
It has never been our intention to become a large charity, rather staying focussed on helping those communities we had visited throughout Kenya and making contributions only when and where we truly believed in the solution. Provision of water quickly became a key issue to us as the apparent lack of it in many locations destroyed the foundations for further sustainable development.
We have kept in touch with all our project sites and are committed to offering ongoing support to those communities. Our short-term ambition is to keep focus on the communities we have assisted so far and be prepared to support them in future with the maintenance of any projects we have completed there.
I am pleased to report that nearly 15 years later, the projects we have undertaken are still in good order and most importantly have delivered a lasting benefit to our community partners. In some cases, this is health related, in many cases the provision of water simply reduces the cost to schools who otherwise purchase water using already limited funds. Often schools needed to seek financial support from parents of the children attending. Alleviating this cost by providing water and in turn the opportunity for food supply, has delivered significant growth opportunities to the schools we have worked with empowering them to further take the next step for themselves.
Kind Regards,
Peter Harkness | CEO & Trustee
Overview of Activities in 2023:
No new charitable projects have been initiated in 2023.
Pg. 1/1
FAB Projects
Statement of Financial Activities Accounts for 01/01/2023 - 31/12/2023
| Notes A. Incoming resources from generated funds A1 Voluntary income - Donations Total incoming resources B. Less: Resources expended B1 Costs of generating voluntary income Net incoming resources available for charitable activities B2 Charitable activities B2a Project A - None Total charitable activity costs B3 Governance costs Total resources expended C. Reconciliation of funds Net income after outgoing resources Funds brought forward from previous year Total funds carried forward |
Unrestricted Funds Restricted Funds 2023 Total Funds 0 0.00 0.00 0 0.00 0.00 0 0 0 0 0.00 0.00 0.00 0.00 0.00 |
|---|---|
| 0.00 0 0.00 |
|
| 0 0 0 0.00 0 0.00 0.00 0.00 0.00 2658.20 0 2658.20 2658.20 0.00 2658.20 |
FAB Projects
Balance Sheet Accounts for 01/01/2023 - 31/12/2023
| A. Assets A1 Current assets A1a Cash at bank A1b Cash in hand B. Liabilities Total assets less current liabilities Net assets C. Funds of the charity C1. Total restricted funds C2. Total unrestricted funds Total charity funds |
2023 Total Funds 2658.20 0.00 0 2658.20 2658.20 0 2658.20 2658.20 |
2022 Total Funds £ |
|---|---|---|
| 2658.20 | ||
| 0.00 | ||
| 0 | ||
| 2658.20 | ||
| 2658.20 | ||
| 0 | ||
| 2658.20 | ||
| 2658.20 |
FAB Projects
Record of Donations Accounts for 01/01/2023 - 31/12/2023
| Date Q1 - Q2 - Q3 - Q4 - |
Donor Resticted? - - Total Q1 (GBP): - - Total Q2 (GBP): - - Total Q3 (GBP): - - Total Q4 (GBP): Total Donations 2023 (GBP): |
Donation (GBP) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
Total (GBP) 0.00 - 0.00 - 0.00 - 0.00 - 0.00 |
|---|---|---|---|
FAB Projects
Record of Project Expenditure Accounts for 01/01/2023 - 31/12/2023 No Projects carried out in 2023 at cost to the charity
----- Start of picture text -----
Total Cost (KSH) 0
1.4. NO Projects Carried Out
Cash Carried Forward (KSH): 0
-
Total Cash Withdrawn (KSH):
-
Total Cash Withdrawn (GBP):
-
Average Rate (KSH:1GBP):
Total Cost of Cash (GBP): £0.00
Total Construction Cost (KSH): 0
Withdrawal Withdrawal Amount
Spent Amount (as withdrawn) Withdrawal Currency spent (Ksh) Rate (GBP)
KSH
Total Construction Cost (GBP):
Total Cash Remaining (KSH):
Withdrawal
Not Spent Amount (as not spent Withdrawal Amount
withdrawn) Withdrawal Currency (Ksh) Rate (GBP)
KSH
Total Cash Remaining (GBP):
Total Project Cost (GBP): 0.00
----- End of picture text -----
FAB Projects
Record of Governance Costs Accounts for 01/01/2023 - 31/12/2023
1. Record of Governance Costs:
| Date - |
Recipiant | Description | Paid From | Currency | Total Payment |
|---|---|---|---|---|---|
| - | - | - | GBP | 0 |
|
| Total Governance Costs 2023 | 0 |
*some governance costs have been directly abosorbed by trustees.