Trustees’ Annual Report for the period
From 27/07/21 Period start date To Period end date
26/07/22
Charity name: Sierra Foundation for Life Skills
Charity registration number: 1157293
Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 Advancement of education and
of the charity as set out training in Sierra Leone,
in its governing particularly females facing social
document exclusion and economic
disadvantage.
Relief of poverty in Sierra Leone.
Advancement of the Christian faith
in Sierra Leone.
Summary of the main Para 1.17 and 1. SFFLS has paid salaries for
1.19
activities in relation to tutors and support staff at
those purposes for the the Vocational Centre for
public benefit, in young women.
particular, the activities, 2. The latest student cohort has
projects or services graduated and more
identified in the students have been
accounts. recruited for catering
training at the Vocational
Centre.
3. Rice has been supplied to
widows and other families
facing hunger and
destitution on a regular
basis.
4. Funds for the sinking of a
well in a rural community
have been raised.
Completion of the work has
been hampered by Covid 19.
5. The building of 2 homes for
war widows and their
families has continued as
funds have been raised.
Completion has been
hampered by Covid 19.
Statement confirming Para 1.18 Due note has been taken on issues
whether the trustees regarding public benefit by the
have had regard to the charity.
guidance issued by the
Charity Commission on
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public benefit
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference 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
Achievements and Performance
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SORP reference
SFFLS works in partnership with
Family Homes Movement in
Freetown. It is through this
Summary of the main charity that projects are
Para 1.20
achievements of the established and completed.
charity, identifying the A new cohort of young women
difference the charity’s have enrolled on a catering
work has made to the course which will enable them
circumstances of its to gain employment in local
beneficiaries and any hospitality venues. The
wider benefits to society previous cohort have
as a whole. graduated successfully.
Hygenic toilets have been
completed at a school of 1,500
pupils in Mayenkeni.
Homes being built for war
widows and their families are
almost completed.
Bags of rice have been funded
every month for the hungry
and destitute as distributed by
Family Homes Movement.
A well in a rural setting has
been started with the initial
depth dug by hand, and
awaiting the weather
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conditions to be completed.
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All objectives are either in
progress or completed as set out
Achievements against Para 1.41 by the trustees.
objectives set There have been no trustee visits
during this period due to the
restrictions of Covid 19 in both the
UK and Sierra Leone. Funds for
the erection of a Palava Hut
remain with SFFLS until such time
as Family Homes Movement are
ready to begin the work.
Fundraising has successfully
supported all projects that have
Performance of been agreed with Family Homes
fundraising activities Para 1.41 Movement.
against objectives set
Investment performance Not applicable.
against objectives
Para 1.41
Other
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Financial Review
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Review of the charity’s Para 1.21 The charity is in credit with
financial position at the financial assets as seen in
end of the period attached accounts, with all
commitments having been met.
Statement explaining the Para 1.22 Reserves of £500 are maintained
policy for holding in the SFFLS account.
reserves stating why they
are held
Amount of reserves held Para 1.22 £500.00
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24 None
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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Individual donations from
supporters. Events have been
The charity’s principal partially impeded by Covid 19, but
sources of funds Para 1.47 include a Zoom quiz, and an
(including any outside Plant sale in May 2022.
fundraising) A garden party fundraiser was
held in July 2021. A Christmas
concert by Jigsaw Choir was held
as a fundraising event in early
December 2021.
None.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
The trustees operate a low risk
position regarding the use of
A description of the Para 1.46 funds for distribution.
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charitable Incorporated
constituted? organisation
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed by existing trustees.
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name Sierra Foundation for Life Skills
Other name the charity SFFLS
uses
Registered charity 1157293
number
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Charity’s principal 37, Fairview Drive,
address Bayston Hill
Shrewsbury
SY3 0LD
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Verity Lowe Chair
2 Sarah Wolton Secretary
3 Sandra Lloyd Treasurer
Steven Trustee
4
Butterworth
Rev Clive Trustee 6 [th] October 2021
5
Devonish
6
7
8
9
10
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14
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20
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for whole
year
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Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Verity Lowe Full name(s) Verity Janet Lowe
Position (eg Chair Secretary, Chair, etc)
Date 29.03.23
SIERRA FOUNDATION FOR LIFE SKILLS RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD 27/7/2021 - 26/7/2022
| RECEIPTS | 2022 | 2022 | 2021 | 2021 |
|---|---|---|---|---|
| Restricted | Unrestricted | Restricted | Unrestricted | |
| DONATIONS | 10068.73 | 13492.61 | ||
| FUNDRAISING | 3148.12 | 4753.65 | ||
| GIFT AID | 2305.72 | 1908.77 | ||
| OTHER | 409.39 | 456.22 | ||
| TOTAL RECEIPTS | 15931.96 | 20611.25 | ||
| PAYMENTS | ||||
| FUNDRAISING COSTS | 186.34 | 100.00 | ||
| PROJECT COSTS | 12745.00 | 16443.99 | ||
| INSURANCE | 530.92 | 508.00 | ||
| PRINTING & POSTAGE | 110.67 | 96.99 | ||
| FLIGHTS | 0 | 0 | ||
| ACCOUNTANTS FEES | 300.00 | 400.00 | ||
| WEBSITE / I.T | 506.99 | 45.00 | ||
| BANK CHARGES & FEES | 70.00 | 525.99 | ||
| TOTAL PAYMENTS | 14449.92 | 18119.97 | ||
| NET INCOMING RESOURCES | 1482.04 | 2491.28 | ||
| FOR THE YEAR |
SIERRA FOUNDATION FOR LIFE SKILLS
STATEMENT OF ASSETS AND LIABILITIES
FOR THE PERIOD 27/7/2021 - 26/7/2022
| 2022 | 2021 | |
|---|---|---|
| CASH FUNDS | ||
| BANK CURRENT ACCOUNT | 9043.98 | 7561.94 |
| TOTAL CASH FUNDS | 9043.98 | 7561.94 |
| FUNDS | ||
| OPENING BALANCE | 7561.94 | 5070.66 |
| SURPLUS FOR THE YEAR | 1482.04 | 2491.28 |
| TOTAL FUNDS CLOSING BALANCE | 9043.98 | 7561.94 |
I have audited the books and financial statements of the Sierra Foundation for Life Skills for the 12 month period ended 26/7/2022. In my view the above accounts are a true and fair record of the Foundations financial affairs during that period.
Signed R. Harper, Auditor
Date 2nd March 2023