2022-08-31-accounts - Gorazde Children's Foundation Bosnia

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CONTENTS	Page
TRUSTEES' REPORT	1 —3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
STATEMENT OF FINANCIAL ACTIVITES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS	7-11

for the year ended	31 August	2022
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
			Notes
INCOME AND EXPENDITURE
Incoming and endowments		from:
Fundraising activities
Book Sales				26		26	114
Charity bike ride				6,113	1,300	7,413
Charitable activities
Donations			3	33,335	5,000	38,335	1,462
Investments
Bank interest
TOTAL INCOME				39,481	6,300	45,781	1,583
Expenditure on:
Raising funds			4	4,202		4.202	1,457
Charitable activities			5	1,714		1,714	16,000
Other			6	1,194		1,194	1,242
TOTAL EXPENSES				7,110		7,110	18,699
NET MOVEMENT	IN FUNDS			32,371	6,300	38,671	(17,116)
ACCUMULATED	FUND CARRIED
FORWARD AT BEGINNING		OF YEAR		29.197		29,197	46,313
ACCUMULATED	FUND CARRIED
FORWARD AT END OF YEAR				61,568	6,300	67,868	29,197

BALANCE SHEET as at 31 August 2022
		Unrestricted	Restricted	Total	Total
		Funds	Funds	2022	2021
	Notes	f.'	K	E
CURRENT ASSETS
Stock		25,490		25,490	28,306
Cash at bank and in hand		37,278	6,300	43.578	1.995
		62,768	6,300	69,068	30,301
LIABILITIES
Creditors —falling due within one year	7	(1,200)		(1,200)	(1.104)
NET CURRENT ASSETS		61.568	6,300	67,868	29,197
NET ASSETS		61,568	6,300	67,868	29.197
REPRESENTED BY:
Accumulated fund		61.568	6,300	67.868	29,197

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
Publication	costs		2,816		2,816	1,177
Other fundraising		costs	1,378		1,378	216
Selling fees			8		8	64
			4,202		4,202	1,457

CHARITABLE ACTIVIT	IES (all unrestricted funds)
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2022	2021
	R			C
Donations	1,714		1,714	16,000

OTHER (all	unrestricted	funda)
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
Accountancy			597		597	621
Independent	examiner's	fees	597		597	621
			1,194		1,194	1,242

CREDITORS —due wit	hin one year (all unrestricted	funds)
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2022	2021
		E
Accruals	1,200		1,200	1,104

		Unrestricted	Restricted	Total
		Funds	Funds	Funds
Fund balances at 31 August 2022		63,968	6,300	67,868
as presented by:
Current	assets	62,768	6,300	69,068
Current	liabilities	(1,200)		(1,200)
		61,568	6,300	67,868

		At 1			Transfer	At
		September			from	31 August
		2021	Income	Expenditure	Restricted	2022
General	Fund	29,197	39,481	(7,110)		61.568
		29,197	39,481	(7,110)		61,568
Comparative		Information
		At			Transfer	At
		1 September			from	31 August
		2020	Income	Expenditure	Restricted	2021
General	Fund	46,313	1,583	(18,699)		29,197
		46,313	1,583	(18,699)		29,197

ANA	LYSIS OF RE	STRICTED	FUND	MOVEMEN	TS
			At				Transfer		At
		1	September				from	31	August
			2021	Income	Expenditure		Unrestricted		2022
			2	C		C			C
Fund	1
Bike	ride			1,300					1,300
Fund	2
Memorial				5,000					5,000
				6,300					6,300

Objecti	v	es and	Ac	ti	viti	es
						SORP reference
Summary		ofthe purposes			of	Para 1.17	As per the Trust Deed, the aim of Gorazde
the charity as set out			in	its			Children's Foundation Bosnia is to advance
governing		document					the education of the pupils at Gorazde
							primary school, Bosnia and Herzegovina,
							through the provision of facilities not
							provided by local education authority, for
							the education through the medium of
							English at school.
							To also assist in such ways as the charity
							trustees see fit to advance education at
							Gorazde primary school. This is done by
							developing their mental, physical, and
							moral capabilities through sporting and
							leisure activities.
							To assist in any other projects, which would
							enhance and support the
							education/wellbeing of children, that the
							charity trustees see fit from time-to-time
							To be involved in projects relating to the
							Bosnian conflict (1992-1995)
Summary activities		of the main in relation to those				Para 1.17and 1.19	The charity uses its Trustees' networks tier 1 investment bankers and high net	with
purposes		for the public					worth
benefit,	in particular,		the				individuals to raise funds for the continued
activities,		projects or					good works. Members also raise funds
services	identified in		the				through sporting endeavours.
accounts.
Statement		confirming				Para 1.18	The Trustees confirm thai they have
whether	the trustees		have				referred to the guidance contained in the
had regard to the guidance							charity commission's general guidance	on
issued by		the Charity					the public benefit when reviewing the
Commission on public							Trust's aims and objectives and in planning
benefit							future activities.
Additional		information		(optional)
You ma	choose to include				further statements		where relevant about:
						SORP referen ce

				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

Achieve	me	nts	and Pe	rformance
				SORP reference
					Exiting the pandemic, the charity has been
					able to reinvigorate its efforts for the
					school. The charity has continued to raise
Summary of achievements		the main ofthe charity,		Para 1.20	limited funds through an on-going awareness campaign with the banking
identifying	the difference the				sector (through Armstrong Wolfe Ltd) and
charity's work		has made to			specifically within this period a charity ride
the circumstances			of its		from Sarajevo to Gorazde. This event was
beneficiaries and any wider benefits to society as a					a pre-event planning exercise for proposed principal fundraising cycle ride April 27—
whole.					30,2023, which is linked to the unveiling	of
					a new memorial dedicated to the sacrifice
					and service ofthe British Army under UN
					command in 1994- 1995in the city of
					Gorazde. Any proceeds raised by this
					cycle ride will be released to the school to
					purchase 16screens for mainstream
					teaching. Local permissions have been
					secured for this memorial, with Prime
					Ministerial support secured and as a
					consequence, the 3 British regiments that
					undertook service in the town 1994 —1995
					have committed to support fund raising
					activities. The target sum is GBP
					f100,000, with an estimated 50%to fund
					the memorial and 50% the school. The
					school has agreed the target is linked to
					the refurbishment ofthe playground and
					the school gymnasium, 2 quotations will be
					secured for works to be undertaken. The
					books on the asset register (Donkey Mail
					and Bully Beef) realise minimal revenues
					through direct sales, but have been used	to
					great effect through the donation to the
					re imental museum in Gloucester, 75

books have been donated,	all monies going
to the museum, additionally	books donated
to all charity riders and 50	books to be
donated to the genocide museum in
Sarajevo. All monies to go	to the museum.

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
Review ofthe charity's			Para 1.21	The trustees	consider the finances of the
financial position at the	end			charity as set out in the accounts to be
ofthe eriod				satisfacto
Statement explaining the			Para 1.22	Funds are held		in order to meet the day-to-
policy for holding reserves				day expenditure		ofthe Trust and any
statin wh the are held				unforeseen	ex	enditure	that ma occur.
Amount of reserves held			Para 1.22	The Trust holds		cash and bank funds of
				f43,578 at the		year end.
Reasons for holding zero			Para 1.22	N/A
reserves
Details of fund materially		in	Para 1.24	N/A
deficit
Explanation of any			Para 1.23	N/A
uncertainties about the
charity continuing as a going
concern
Additional information	(optional)
You ma choose to include		further statements		where relevant about:
The charity's principal sources of funds (including			Para 1.47
any fundraising)
Investment policy and objectives including any			Para 1.46
social investment policy
adopted
A description ofthe principal			Para 1.46
risks facing the charity
Other

Description	Description	of charity's
trusts:
Type of	governing document			Para 1.25	Trust Deed
How is the charity				Para 1.25	Unincorporated association					and	registered
constituted?					charity
Trustee	selection methods			Para 1.25	The body	ofTrustees		shall	consist when
including	details of any				complete	of no fewer		than	two but (unless
constitutional		provisions	e.g.		otherwise	determined		by a	resolution of the
election	to post or name		of		charity in	general meeting)			shall		not be
any person		or body entitled			subject to any maximum.
to appoint one or more
trustees					The Trust	in general	meeting			shall elect the
					Officers and the other			Trustees.			The
					Trustees	may appoint		any	person who is
					willing to	act as a Trustee.			They		may also
					appoint Trustees as		Officers			unless a
					person has already		been elected				or
					appointed	to that office and				has not
					vacated the office
Additional	information		(optional)
You ma	choose to include further statements				where relevant about:
Policies adopted	and for	procedures the induction		Para 1.51
and training		oftrustees
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

Charity's	principal	address	The Old Vicarage
			Church Lane
			Eldersfield
			GL194NP

	Trustee name	ONce (if any)	Dates acted ifnot for whole ear
	Maurice Evlyn-	Chair and Trustee
	Bufton
	Roger Evlyn-Bufton	Trustee
	Nicholas Scott	Trustee	28/03/2022
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian	Funds held as custodian	Funds held as custodian
Description of the assets		N/A
held in this capacity
Name and objects of the		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for	N/A
safe custody and
segregation of such assets
from the charity's own
assets

Names an	d addresses ofadv	isers (Optional information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(Optional	information)