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2024-03-31-accounts

Charity number: 1156992

DREAM BIG GHANA FOUNDATION

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

DREAM BIG GHANA FOUNDATION

CONTENTS

Pages
Charity Reference and Administrative Details 1
Trustees’ Annual Report 2 - 5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 - 15

DREAM BIG GHANA FOUNDATION

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR TO 31 MARCH 2024

_____________

Legal and administrative information

Full name Dream Big Ghana Foundation
Registered charity number 1156992
Trustees Mr Bryan Pearson (Chair)
Mr Philip Jerry Agblor
Mr Dominic Bride
Dr Linda East (Secretary)
Mr Charles French
Mr Barnaby King
Mrs Renette Marquis-Nyame (Treasurer)
Ms Ama Williams
Principal address 5 Manor Road
Bingham
Nottingham
NG13 8EA
Reporting Accountants UHY Hacker Young
14 Park Row
Nottingham
NG1 6GR

1

DREAM BIG GHANA FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR TO 31 MARCH 2024

_____________

The trustees present their annual report and the financial statements for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

Structure, Governance and Management

Dream Big Ghana Foundation (“ DGBF ”) was established on 24 April 2013 and was registered with the Charity Commission as charity number 1156992 on 9 May 2014. It is governed by a trust deed dated 24 April 2013.

Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution. New trustees receive induction and training from the Chair.

Our Board membership remained the same throughout 2023-2024. Our AGM for the financial year 2023-2024 took place on 22.01.24. Four ordinary Board Meetings took place on the following dates: 5[th] June 2023; 11[th] July 2023; 26[th] October 2023; 21[st] February 2024.

Objectives and activities

The trustees confirm they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the general guidance issued by the Charity Commission on public benefit.

The charitable objects of the Foundation were updated in April 2023 to reflect our current priorities. Our charitable objects are the prevention and relief of poverty, especially but not exclusively in the Volta Region of Ghana, by:

Achievements and performance

Our achievements are assessed on an annual basis as follows:

For the year ended 31 March 2024

In March 2023, DBGF received a grant of £50,000 from Goldman Sachs Gives to support our work in the financial year 2023-2024, with a further grant of £2,000 in February 2024. We were awarded grants from The Souter Charitable Trust (£6,000), the Morel Trust (£2,000), Gower Street (£21,275) and the Strathspey Charitable Trust (£1,000) to support the work of Dream Renewables. We are very grateful for this support, and the recognition for the work we are doing.

The Trustees are also very grateful to our supporters and donors for their generous support this year. In no particular order, we would like to thank the following individuals and organisations:

2

DREAM BIG GHANA FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR TO 31 MARCH 2024

_____________

Strategic Developments

Under the leadership of our Chair, Bryan Pearson, the DBGF Board continued to work towards the goals outlined in our five-year strategic plan 2020 - 2025: https://bit.ly/39XLljJ. Please see Appendix One for a more detailed review of how our planned activities for 2023-2024 worked out.

  1. We supported the work of our primary implementation partner, Dream Big Ghana NGO. Their work continues to go from strength to strength, as evidenced by their 2023 Annual Report: https://tinyurl.com/md7dwnyw;

  2. We supported Denyigba Lorlor NGO in their efforts to promote tree planting and nurturing across several Volta communities;

  3. We supported Dream Renewables to deliver training and community projects related to renewable energy technologies. For further details, please visit the Dream Renewables web site: www.dreamrenewables.co.uk;

  4. We have maintained our website and published several newsletters to keep our supporters informed of our work (www.dreambigghana.org.uk). We have continued to maintain our presence on social media; and

  5. At their own expense, several of our Trustees have travelled to Ghana this year. They have been able to review our projects in real life, assessing progress and reporting back to the Board. We remain confident that donations and grants are being managed well and delivering sustainable benefits for the communities our beneficiaries serve.

Financial review

Income from grants and donations decreased this year to £99,322 (2023: £100,528) whilst expenditure increased to £99,392 (2023: £77,106).

In the balance sheet the unrestricted funds were in surplus by £22,809 at the year-end (2023: £19,234). Restricted funds held at the year-end amounted to £45,585 (2023: £49,230) and are shown in more detail in Note 5 to the financial statements.

Plans for the future

Our plan of work is set out in our annual Operational Plan, outlining the activities to be carried out in support of the priorities set out in our Strategic Plan 2020-2025. Key projects and programmes are as follows:

Thematic Area Project/programme
Safe Sanitation •
Complete the rehabilitation and re-purposing to EcoSan of one of three
community KVIP units in Dzita
•
Upgrade soak-away pits at seven partner schools with DBG Ecosan blocks
and complete other maintenance jobs
•
Deliver regular Menstrual Hygiene Management sessions in partner schools
and provide soap on a weekly basis
•
Provide a ‘Days for Girls’ reusable menstruation ‘Pod’ (1 Shield, 2 liners,
care and use sheet and a zip lock bag) to every girl in our partner schools in
classes Junior High 1,2 and 3 (1000 kits), accompanied by an education
session.

3

TRUSTEES’ ANNUAL REPORT FOR THE YEAR TO 31 MARCH 2024

DREAM BIG GHANA FOUNDATION

_____________

Thematic Area Project/programme
Arts and
Culture		 •
Continue construction of the Wornane music studio and community centre in
Dzita-Agbledomi.
Healthy
Communities		 •
Support the seven coaches DBG NGO is working with a monthly incentive of
GHS 200.
•
Carry out a programme of refurbishment at Sahara Park, Dzita (sports
ground).
•
Support Dream Renewables to deliver training and advocacy in solar power
and clean cooking.
•
Support Dream Renewables to install a solar power and battery storage
system to provide lighting, fans and refrigeration for Jantuakrom’s
Community-Based Health Planning and Service (CHPS).
Quality
Education		 •
Support the professional development of the DBG NGO Learning Centre
Manager and provide funds to purchase resources.
•
Provide a grant to the Dzita Development Association towards the
rehabilitation programme at Dzita Basic School.
Environmental
Sustainability		 •
Support Dream Big Ghana NGO’s ‘Conservation Club’ for student
champions from partner schools (weekly meetings in the Learning Centre
plus fun and interactive workshops).
•
Support Dream Renewables to run its planned training, alumni, community
benefit and advocacy programmes (solar power, clean cooking).
•
Support Dream Renewables to evaluate the impact of the solar-powered
irrigation systems installed for small-holding farmers in the Dzita
community.
•
Support Denyigba Lorlor NGO’s reforestation and cultural workshop
programmes.
Economic
Development		 •
Support DBG NGO’s business partners to continue to develop and sell their
products through the MMT Lodge shop (Asime, Shalom Shalom and Fresh &
Lovely).
•
Support DBG NGO to deliver a customised entrepreneurship course for each
brand with a focus on taking each business to the next level.
•
Provide a grant via DBG NGO to enable Shalom Shalom to complete work
on new premises and commence training programme for seamstress
apprentices.
•
Support core costs of Dream Renewables to promote organisational stability
(staffing, premises and vehicle maintenance).
•
Support Dream Renewables to develop and implement a fundraising strategy.

In order to ensure progress towards delivery, the activities will be monitored throughout the year, with risks to delivery systematically identified and managed.

Reserves policy

The trustees recognise that they should manage income and expenditure to build a reserve to cover core costs and contingencies. The trustees aim to ensure that the charity has free reserves to meet the

4

DREAM BIG GHANA FOUNDATION TRUSTEES’ ANNUAL REPORT FOR THE YEAR TO 31 MARCH 2024

_____________

operational costs for at least three months (£12,000). At the balance sheet date, the charity has free reserves of £22,809.

Risk management

The charity has compiled a comprehensive set of policies and procedures to cover all foreseeable eventualities. The trustees consider the main risk faced by the charity to be a reduction in unrestricted donations and that it could not cover its core costs. The trustees regularly consider the charity’s risk management and consider there to be no unmanaged risks.

Statement of Trustees’ responsibilities

The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to the Independent Examiner

We, the trustees who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that:

Signed on behalf of the trustees:

Mr Bryan Pearson Chair

Dated: 21 October 2024

5

DREAM BIG GHANA FOUNDATION

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR TO 31 MARCH 2024

_____________

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages 7 to 15.

Responsibilities and basis of report

As the charity’s trustees 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 charity’s accounts as carried out under section 145 of the Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:

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 enable a proper understanding of the accounts to be reached.

David Allum FCCA

UHY Hacker Young Chartered Accountants and Registered Auditors 14 Park Row Nottingham NG1 6GR

Dated: 21 October 2024

6

DREAM BIG GHANA FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

_____________

Unrestricted Restricted
Funds
Funds
Notes
£
£
Income
Income from donations
2
61,696
37,626
_
_
Total income
61,696
37,626
_
_
Expenditure
Expenditure on charitable activities
3
49,993
49,399
_
_
Total expenditure
49,993
49,399
_
_
Net movement in funds (before transfers)
11,703
(11,773)
Transfers(8,128) 8,128
Net movement in funds (after transfers)
3,575
(3,645)
Fund balances at 1 April
5
19,234
49,230
_
_
Fund balances at 31 March
5 22,809 45,585
_
_		 Unrestricted Restricted
Funds
Funds
Notes
£
£
Income
Income from donations
2
61,696
37,626
_
_
Total income
61,696
37,626
_
_
Expenditure
Expenditure on charitable activities
3
49,993
49,399
_
_
Total expenditure
49,993
49,399
_
_
Net movement in funds (before transfers)
11,703
(11,773)
Transfers(8,128) 8,128
Net movement in funds (after transfers)
3,575
(3,645)
Fund balances at 1 April
5
19,234
49,230
_
_
Fund balances at 31 March
5 22,809 45,585
_
_		 Unrestricted Restricted
Funds
Funds
Notes
£
£
Income
Income from donations
2
61,696
37,626
_
_
Total income
61,696
37,626
_
_
Expenditure
Expenditure on charitable activities
3
49,993
49,399
_
_
Total expenditure
49,993
49,399
_
_
Net movement in funds (before transfers)
11,703
(11,773)
Transfers(8,128) 8,128
Net movement in funds (after transfers)
3,575
(3,645)
Fund balances at 1 April
5
19,234
49,230
_
_
Fund balances at 31 March
5 22,809 45,585
_
_		 Unrestricted Restricted
Funds
Funds
Notes
£
£
Income
Income from donations
2
61,696
37,626
_
_
Total income
61,696
37,626
_
_
Expenditure
Expenditure on charitable activities
3
49,993
49,399
_
_
Total expenditure
49,993
49,399
_
_
Net movement in funds (before transfers)
11,703
(11,773)
Transfers(8,128) 8,128
Net movement in funds (after transfers)
3,575
(3,645)
Fund balances at 1 April
5
19,234
49,230
_
_
Fund balances at 31 March
5 22,809 45,585
_
_		 Total
Total
Funds Funds
2024
2023
£
£
99,322 100,528
_ _
99,322 100,528
_ _
99,392 77,106
_ _
99,392 77,106
_ _
(70) 23,422
- -
(70) 23,422
68,464 45,052
_ _
68,394 68,464
_ _







3,575
19,234
_
22,809
_
(3,645)
49,230
_
45,585
_

The notes on pages 9 to 15 form an integral part of these accounts.

7

DREAM BIG GHANA FOUNDATION

BALANCE SHEET AS AT 31 MARCH 2024

______
Notes
£
Current assets
Cash at bank & in hand
70,676
Creditors: amounts falling due
within one year
4
(2,282)
__
Net current assets
Net assets
Funds
Unrestricted funds
5
Restricted funds
5		 ________
2024
£
£
119,650
(51,186)
_
68,394
_
68,394
_
22,809
45,585
_
68,394
_		 _____
2023
£
68,464
_
68,464
_
19,234
49,230
_
68,464
_

The trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.

The financial statements were approved by the trustees and authorised for issue at the Annual General Meeting and were signed on 21 October 2024.

Mr Bryan Pearson Charity No. 1156992

The notes on pages 9 to 15 form an integral part of these accounts.

8

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Dream Big Ghana meets the definition of a public benefit entity under FRS 102.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Going concern

The financial statements have been prepared on a going concern basis. The trustees have successfully obtained funding for the next year, and are actively seeking new sources of income in order to fund the charity in the long term.

In the event that less funding is available than has been the case in previous years, the trustees will reduce the charities activities to reflect the fall in income. As a result of the funding so far secured and the ability to reduce activity if needed, the Trustees believe that the charity will be a going concern for at least 12 months from the date these financial statements have been approved.

1.3 Income

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

1.4

Expenditure

All expenditure is accounted for on an accruals basis, including value added tax, and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

1.5

Fund accounting

Funds held by the charity are either:-

Unrestricted funds

These consist of funds which the charity may use in accordance with the charitable objects at the discretion of the trustees.

9

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

Restricted funds

These funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or grant provider, or when funds are raised for particular restricted purposes.

1.6 Volunteers

The trustees recognise the significant contribution made by volunteers who gave freely of their time. It is not practicable to place a value on this contribution.

2. Income from donations

Donations
Grants		 2024
£
24,047
75,275
__
99,322
__ _____		 2023
£
32,028
68,500
_
100,528
_

The charity received £52,000 (2023: £50,000) from Goldman Sachs Gives and £21,275 (2023: Nil) from Gower Street. More details of donations and grants are outlined in the Annual Report on page 2.

Income from donations includes £9,696 (2022: £3,281) of unrestricted and £14,351 (2022: £28,747) of restricted income. Income from grants includes £52,000 (2023: £50,000) of unrestricted and £23,275 (2023: £18,500) of restricted income.

10

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

3. Expenditure

Dream Big Ghana NGO
Employment support (COVID recovery plan)
Eco-Sanitation programme – unrestricted
Eco-Sanitation programme
WASH officer Costs
Family Enterprise – Tricycle
Learning centre – unrestricted
Sports and play – unrestricted
The Shop
Wornane
Dream Renewables NGO
Dream Renewables – unrestricted
Dream Renewables
*Denyigba Lorlor NGO
Denyigba Lorlor NGO – unrestricted
Denyigba Lorlor NGO
*DBGF core costs
Programmes Officer
Programmes Implementation Consultant
Internship expenses
Fundraising costs
Travelling expenses
Bank charges
Sundry expenses
Website
Accountancy		 Support
costs
Expenditure
on charitable
activities
Total
2024
Total
2023
£
£
£
-
-
-
8,817
-
8,491
8,491
14,066
-
-
-
10,000
-
-
-
4,780
-
-
-
1,791
-
5,773
5,773
3,254
-
5,649
5,649
2,855
-
6,982
6,982
-
-
19,235
19,235
1,117
-
46,130
46,130
46,680
-
10,686
10,686
10,165
-
28,494
28,494
3,518
-
39,180
39,180
13,683
-
2,238
2,238
7,997
-
1,670
1,670
2,601
-
3,908
3,908
10,598
-
- -
2,000
-
6,000
6,000
-
-
-
-
562
-
900
900
1,008
-
-
-
145
459
-
459
371
-
300
300
85
-
300
300
300
2,215
-
2,215
1,674
2,674
7,500
10,174
6,145
2,674
96,718
99,392
77,106

Expenditure includes £49,993 (2023: £59,870) of unrestricted and £49,399 (2023: £17,236) of restricted expenditure. Where *** represents restricted expenditure.

11

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

4. Creditors






 Accruals and deferred income
Deferred income reconciliation
Balance brought forward
Amount released in the SOFA
Amount deferred in the year
Balance carried forward		 2024
2023
£
£
2,282
51,186
2024
2023
£
£
50,000
50,000
(50,000)
(50,000)
-
50,000
-
50,000

5. M ovements in funds

Balance at Balance at Incoming Resources Balance at Balance at
1 April 23 resources expended Transfers 31 Mar 24
£ £ £ £ £
Unrestricted funds
General fund 19,234 61,696 (49,993) (8,128) 22,809
Restricted funds
Eco-Sanitation programme 1,050 1,958 - - 3,008
Community Learning Centre 1,089 780 - - 1,869
Dream Renewables 27,838 33,649* (28,494) 5,010 38,003
Sports and play 335 184 - - 519
Wornane 11,107 - (19,235) 8,128 -
Denyigba Lorlor NGO - General
2,801		 1,055 (1,670) - 2,186
Turtle Protection 5,010 - - (5,010) -
_ _ _ _ ______
Total funds 68,464
_		 99,322
_		 (99,392)
_		 -
__		 68,394
_

* During the year ended 31 March 2024, the charity received 63% of the £30,289 income for the Dream Renewables programme in the latter months of the financial year. In line with the Charities SORP (FRS 102), this income has been recognised on receipt but will be fully utilised in the financial year ended 31 March 2025.

12

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

5. M ovements in funds (comparative)

Balance at Balance at Incoming Resources Balance at Balance at
1 April 22 resources expended Transfers 31 Mar 23
£ £ £ £ £
Unrestricted funds
General fund 25,823 53,281 (59,870) - 19,234
Restricted funds
Eco-Sanitation programme 1,220 9,814 (10,000) 16 1,050
Community Learning Centre 609 480 - - 1,089
Dream Renewables 320 31,036* (3,518) - 27,838
Sports and play 335 - - - 335
Wornane - 2,700 (1,117) 9,524 11,107
MMT Weekender 9,524 - - (9,524) -
Covid19 Appeal 16 - - (16) -
Denyigba Lorlor NGO - General
132		 - - 2,669 2,801
Denyigba Lorlor NGO –
Reforestation Programme 2,053 3,217 (2,601) (2,669) -
Turtle Protection 5,010 - - - 5,010
_ _ _ _ ______
Total funds 45,042
_		 100,528
_		 (77,106)
_		 -
__		 68,464
_

* During the year ended 31 March 2023, the charity received around 90% of the £31,036 income for the Dream Renewables programme in the latter months of the financial year. In line with the Charities SORP (FRS 102), this income has been recognised on receipt but will be fully utilised in the financial year ended 31 March 2024.

13

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

6. Funds

Unrestricted funds

General fund : can be spent at trustees’ discretion within the scope of the charity’s charitable objectives.

Restricted funds

Beneficiary One: Dream Big Ghana NGO

Eco-sanitation programme - Few people have access to improved sanitation in the communities the charity serves, and open defecation is widely practiced. Dream Big Ghana NGO constructs composting toilets (EcoSan) for family groups, schools and local organisations.

Community Learning Centre - Dream Big Ghana NGO has constructed and maintains a learning centre to serve the needs of the local community. The learning centre has a library, classroom and IT facilities and courses for children and adults are run on a regular basis. The venue also hosts cultural performances and workshops, for example drumming and crafts. Two librarians/teachers are employed to run the centre and deliver its programmes.

Sports and play - Dream Big Ghana NGO supports a range of sports and play activities in the local community. These take place on an expanse of dry, salty land known local as ‘Sahara Park’. The NGO has constructed and maintains a children’s play area and helps with the maintenance of the football, volleyball and netball pitches. The NGO employs coaches to support the local youth teams and provides kit and equipment.

Wornane - Wornane is an exciting project that has grown out of the ‘MMT Weekender’ music festivals. Dream Big Ghana NGO is constructing a music studio and community centre in Dzita, Volta Region. The music studio will attract investment and provide employment opportunities as well as supporting cultural and creative development in the local area.

Beneficiary Two: Dream Renewables

Dream Renewables - Dream Renewables tackle fuel poverty, local air pollution and climate change whilst increasing skills, knowledge and understanding of renewable energy technologies in rural communities. They design and deliver educational programmes inspiring young Ghanaians about renewable energy through practical, hands-on learning. During these programmes, students design renewable energy systems for small businesses or organisations in the local community and are supported to put their ideas into practice. The most promising alumni are supported to take up internships with Ghanaian renewable energy companies, with an emphasis on female empowerment. Dream Renewables also directly implement small renewable energy projects benefiting schools, health centres and rural farmers.

Beneficiary Three: Denyigba Lorlor NGO

Denyigba Lorlor NGO is located in the north of the Volta Region, near Wli falls. Denyigba Lorlor NGO operates tree nurseries in three different Volta communities (Wli, Atsiame, and Dzita-Agbledomi). Each nursery is run by a staff member employed on a small wage, who waters the seeds and ensures their growth. A range of seedlings are nurtured and then distributed to the local community with accompanying education and on-going care of the spalings.

Benficiary Four: Dzita Turtle Protection

Dzita Turtle Protection employed local people to patrol beaches during the sea turtle egg-laying season. Due to changes in government regulations, funding of this project has ceased and in the year ended 31 March 2024, and following agreement from the donor, the fund has been transferred to Dream Renewables NGO.

14

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

Transfers between unrestricted funds

£5,010 was transferred out of the Dzita Turtle Protection programme into the Dream Renewables NGO programme after agreement from the donor.

£8,128 was transferred out of the General fund into the Wornane to support the fund.

7. Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
£
£
Net current assets
22,809
45,585
__
_
Net assets at 31 March 2024
22,809
45,585
_
____		 Total
funds
£
68,394
__
68,394
_____

8. Staff costs and numbers

Gross wages for the year amounted to £nil (2023: £2,000) and employer’s national insurance costs were £nil (2023: £nil).

No employee earned more than £60,000.

The average number of employees during the year was nil (2023: 1).

9. Trustees’ remuneration and expenses

Expenses reimbursed to trustees during the year amounted to £nil (2023: £283). The number of trustees who had expenses reimbursed was nil (2022: 2).

These expenses related to travel and subsistence of the trustees while carrying out charitable activities.

10. Taxation

The charity is exempt from corporation tax on its charitable activities.

15

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

Thematic
Area		 Project/programme Review
Safe
Sanitation		 •
Recruit a WASH Officer to support and further develop
•
Trial the rehabilitation and re-purposing to EcoSan of one of three
community KVIP units in Dzita
•
Deliver regular MHM sessions in partner schools delivered by
WASH Officer. Provide soap to all partner schools on a weekly
basis.		 •
A WASH Officer has been recruited and is helping
to progress DBG NGO’s sanitation programme
•
Work is underway to re-purpose to EcoSan of one of
three community KVIP units in Dzita
•
Regular MHM sessions are being delivered by the
DBG NGO WASH Officer and soap is being
provided to all partner schools
Healthy
Communities		 •
Support the eight coaches DBG NGO is working with a monthly
incentive of GHS 200. Provide top-up first aid training for all
coaches
•
Construct full-size and 5-aside goalposts for Agbeldomi Park and
Anyanui Park to enhance training sessions and fixtures
•
Christian Ganah Community Grant: fund grant for Christian (Co-
Director, DBG NGO) to allocate to a project of his choice. (This
year, the grant will go towards improving local health facilities.)		 •
Seven part-time coaches are currently facilitating
DBG NGO’s youth football teams and have
attended first-aid training
•
The goalposts have been completed at one location
•
Improvements to a local health centre mean that this
CHPS facility has now been accredited by the
National Health Insurance authority
Arts and
Culture		 •
Continue construction of the Wornane music studio and
community centre in Dzita-Agbledomi		 •
Construction of the Wornane community centre and
music centre is continuing and has now reached the
roofing stage

16

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

Thematic
Area		 Project/programme Review
Quality
Education		 •
Fund a second aspiring librarian/ educator to complete the Early
Childhood Learning Course
•
Support the Dream Big Community Learning Centre to deliver
community training courses in IT and entrepreneurship		 •
A new librarian/educator has been recruited; we are
supporting his professional development
•
Several courses in IT skills have been delivered at
beginner, intermediate and advanced levels
•
Entrepreneurship courses have been planned and
will be delivered in the coming months
•
Dream Renewables has delivered a range of training
courses, including a six-month solar power design
and installation for electricians and ad hoc training
at universities and technical high schools
Environment
al
Sustainability		 •
Fund Dream Big Ghana NGO to set up an Environmental Club
targeting five student champions from each school that the NGO
works with (35 students in total)
•
Support Dream Renewables to run its planned training, alumni,
community benefit and advocacy programmes
•
Support Denyigba Lorlor NGO’s reforestation and cultural
workshop programmes		 •
The Dream Big Ghana NGO Environmental Club,
renamed ‘Conservation Club’, is now up and
running
•
DBGF has provided stability by supporting Dream
Renewables’ core costs, including Country Director
wages and rental of training centre
•
Dream Renewables have delivered community
advocacy programmes for clean cooking
•
Denyigba Lorlor has planted and nurtured a number
of trees, as well as delivering art workshops and
hosting a community ‘arts and engineering’ event.
We have enabled the completion of a room at the
Denyigba Lorlor site to provide more shelter and an
opportunity for income generation

17

DREAM BIG GHANA FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

_____________

Thematic
Area		 Project/programme Review
Economic
Development		 •
Contribute to the refurbishment of Aunty’s Fashion House, thus
supporting a local entrepreneur and provider of apprenticeships
for aspiring seamstresses
•
Contribute to the construction of a new shop until at MMT Lodge
to promote local businesses and boost sales		 •
Aunty’s Fashion House has been completed and is
now up and running.
•
The MMT Lodge shop has been expanded and
upgraded, with a consequent increase in sales for
local partner businesses.
•
A vehicle has been purchased for Dream
Renewables to enable the team to travel for training
and to transport materials for solar installation
projects
•
Dream Renewables have supported alumni of their
training programmes to undertake internships with
Tino Solutions and Nastech Power Solutions

18