
## **Trustees’ Annual Report for the period** 

## **From  27/07/23 Period start date   To Period end date** 

## **26/07/24** 

## **Charity name:  Sierra Foundation for Life Skills** 

## **Charity registration number:  1157293** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|**Advancement of education and training**<br>**in Sierra Leone, particularly females**<br>**facing social exclusion and economic**<br>**disadvantage.**<br>**Relief of poverty in Sierra Leone.**<br>**Advancement of the Christian faith in**<br>**Sierra Leone.**|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or services<br>identified in the accounts.|Para 1.17 and<br>1.19|**1.  SFFLS has paid salaries for tutors and**<br>**support staff at the Vocational Centre for**<br>**young women.**<br>**2. Rice has been supplied to widows and**<br>**other families facing hunger and**<br>**destitution on a regular basis.**<br>**3. A palava hut for the use of students**<br>**and staff at the vocational centre has**<br>**been completed and is in regular use.**<br>**4. A classroom block at the school in**<br>**Deep Eye Water has been underpinned**<br>**and classrooms are now used for**<br>**community activities.**|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|**Due note has been taken on issues**<br>**regarding public benefit by the charity.**|



## **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** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|**SFFLS works in partnership with Family**<br>**Homes Movement in Freetown.  It is**<br>**through this charity that projects are**<br>**established and completed.**<br>⚫<br>**A new cohort of young women have**<br>**enrolled on catering and tailoring**<br>**courses which will enable them to**<br>**gain employment in local hospitality**<br>**venues and as self employed tailors.**<br>**The previous cohort have graduated**<br>**successfully.**<br>⚫<br>**Bags of rice have been funded every**<br>**month for the hungry and destitute as**<br>**distributed by Family Homes**<br>**Movement.**<br>⚫<br>**A classroom block at the school in**<br>**Deep Eye Water has been**<br>**successfully underpinned and is now**<br>**in use as a community room.**<br>⚫<br>**A Palava Hut at the vocational centre**<br>**was officially opened by two of the**<br>**trustees on their visit to Sierra Leone**<br>**and is regularly used by the students**<br>**and staff.**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41|**All objectives are either in progress or**<br>**completed as set out by the trustees.**<br>**Two trustees had a 3 week visit to Sierra**<br>**Leone in February 2024 to support the**<br>**work of Family Homes Movement and see**<br>**progress made on projects funded by**<br>**SFFLS.**|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41|**Fundraising has successfully supported**<br>**all projects that have been agreed with**<br>**Family Homes Movement.**|





|Investment performance<br>against objectives|Para 1.41|**Not applicable.**|
|---|---|---|
|Other|||





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|**The charity is in credit with financial**<br>**assets as seen in attached accounts, with**<br>**all commitments having been met.**|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|**Reserves of £500 are maintained in the**<br>**SFFLS account.**|
|Amount of reserves held|Para 1.22|**£500.00**|
|Reasons for holding zero<br>reserves|Para 1.22||
|Details of fund materially in<br>deficit|Para 1.24|**None**|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23||



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|**Individual donations from supporters,**<br>**largely through regular giving and gift aid**<br>**where applicable.  Fund raising events**<br>**include summer garden parties in July**<br>**2023 and 2024. A sponsored walk on 27th**<br>**April to commemorate Independence Day**<br>**for Sierra Leone and in conjunction with**<br>**the Sierra Leone steam train event at**<br>**Welshpool was done by one of the**<br>**trustees.**|
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46|**None..**|
|A description of the principal<br>risks facing the charity|Para 1.46|**The trustees operate a low risk position**<br>**regarding the use of funds for**<br>**distribution.**|
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|**Charitable Incorporated organisation**|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|**Appointed by existing trustees.**|



## **Additional information (optional)** 

|**Additional information (optional)**|**Additional information (optional)**||
|---|---|---|
|You may choose to include further statements||where relevant about:|
|Policies and procedures<br>adopted for the induction and<br>training of trustees|Para 1.51|**Recommendations for attendance of**<br>**relevant webinars delivered by the**<br>**Charity Commission.**|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|**Family Homes Movement in Freetown is**<br>**our local partner in Sierra Leone.**|
|Relationship with any related<br>parties|Para 1.51||
|Other|||



## **Reference and Administrative details** 

|Charity name|Sierra Foundation for Life Skills|
|---|---|
|Other name the charity uses|SFFLS|
|Registered charity number|1157293|
|Charity’s principal address|37, Fairview Drive,<br>Bayston Hill<br>Shrewsbury<br>SY3 0LD|
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## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||VerityLowe|Chair|||
||Sarah Wolton|Secretary|||
||Sandra Lloyd|Treasurer|||
||Caroline Monro|Trustee|||
||Rev Clive Devonish|Trustee|||
||JeremyNuttall|Trustee|||
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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 

**Trustee name Dates acted if not for whole year** 



## **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)**<br>**Full name(s)**<br>**Position (eg Secretary,**<br>**Chair, etc)**<br>**Date**|Verity Lowe||
|---|---|---|
||Verity Janet Lowe||
||<br>Chair||
||29.03.25||
||29.03.25||





## **SIERRA FOUNDATION FOR LIFE SKILLS RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD 27/7/2023 - 26/7/2024** 

|RECEIPTS<br>2024|RECEIPTS<br>2024|RECEIPTS<br>2024|2023|2023||
|---|---|---|---|---|---|
|Restricted||Unrestricted||Restricted    Unrestricted||
|DONATIONS<br>16032.51<br>12761.00||||||
|DONATION TOWARDS FLIGHTS|||0<br>1000.00|||
|FUNDRAISING<br>4597.58<br>2925.40||||||
|GIFT AID<br>5414.42<br>1329.11||||||
|PCC<br>423.00<br>275.73||||||
|STEWARDSHIP<br>350.00<br>0||||||
|TOTAL RECEIPTS<br>26817.51<br>18291.24||||||
|PAYMENTS||||||
|FUNDRAISING COSTS<br>40.00<br>0||||||
|SIERRA LEONE PROJECT COSTS||14935.00<br>19637.99||||
|INSURANCE|||549.88<br>538.16|||
|PRINTING & POSTAGE<br>36.17<br>49.49||||||
|FLIGHTS & TRAVEL COSTS|||3030.00<br>3569.73|||
|ACCOUNTANTS FEES<br>300.00<br>300.00||||||
|WEBSITE / I.T<br>533.99<br>497.99||||||
|BANK CHARGES & FEES<br>40.00<br>83.00||||||
|OTHER<br>0<br>50.00||||||
|TOTAL PAYMENTS<br>19465.04<br>24726.36||||||
|NET INCOMING/ (OUTGOING)|||7352.47<br>||(6435.12)|
|RESOURCES FOR THE YEAR||||||





## SIERRA FOUNDATION FOR LIFE SKILLS 

## STATEMENT OF ASSETS AND LIABILITIES 

FOR THE PERIOD 27/7/2023 - 26/7/2024 

|2024<br>2023|2024<br>2023|2024<br>2023|
|---|---|---|
|CASH FUNDS|||
|BANK CURRENT ACCOUNT<br>9961.33<br>2608.86|||
|TOTAL CASH FUNDS<br>9961.33<br>2608.86|||
|FUNDS|||
|OPENING BALANCE<br>2608.86<br>9043.98|||
|SURPLUS/(DEFICIT) FOR THE YEAR|7352.47<br>|(6435.12)|
|TOTAL FUNDS CLOSING BALANCE|9961.33<br>2608.86||



I have audited the books and financial statements of the Sierra Foundation for Life Skills for the 12 month period ended 26/7/2024. 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          20th February 2025 



## **SIERRA FOUNDATION FOR LIFE SKILLS RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD 27/7/2023 - 26/7/2024** 

|RECEIPTS<br>2024|RECEIPTS<br>2024|RECEIPTS<br>2024|2023|2023||
|---|---|---|---|---|---|
|Restricted||Unrestricted||Restricted    Unrestricted||
|DONATIONS<br>16032.51<br>12761.00||||||
|DONATION TOWARDS FLIGHTS|||0<br>1000.00|||
|FUNDRAISING<br>4597.58<br>2925.40||||||
|GIFT AID<br>5414.42<br>1329.11||||||
|PCC<br>423.00<br>275.73||||||
|STEWARDSHIP<br>350.00<br>0||||||
|TOTAL RECEIPTS<br>26817.51<br>18291.24||||||
|PAYMENTS||||||
|FUNDRAISING COSTS<br>40.00<br>0||||||
|SIERRA LEONE PROJECT COSTS||14935.00<br>19637.99||||
|INSURANCE|||549.88<br>538.16|||
|PRINTING & POSTAGE<br>36.17<br>49.49||||||
|FLIGHTS & TRAVEL COSTS|||3030.00<br>3569.73|||
|ACCOUNTANTS FEES<br>300.00<br>300.00||||||
|WEBSITE / I.T<br>533.99<br>497.99||||||
|BANK CHARGES & FEES<br>40.00<br>83.00||||||
|OTHER<br>0<br>50.00||||||
|TOTAL PAYMENTS<br>19465.04<br>24726.36||||||
|NET INCOMING/ (OUTGOING)|||7352.47<br>||(6435.12)|
|RESOURCES FOR THE YEAR||||||





## SIERRA FOUNDATION FOR LIFE SKILLS 

## STATEMENT OF ASSETS AND LIABILITIES 

FOR THE PERIOD 27/7/2023 - 26/7/2024 

|2024<br>2023|2024<br>2023|2024<br>2023|
|---|---|---|
|CASH FUNDS|||
|BANK CURRENT ACCOUNT<br>9961.33<br>2608.86|||
|TOTAL CASH FUNDS<br>9961.33<br>2608.86|||
|FUNDS|||
|OPENING BALANCE<br>2608.86<br>9043.98|||
|SURPLUS/(DEFICIT) FOR THE YEAR|7352.47<br>|(6435.12)|
|TOTAL FUNDS CLOSING BALANCE|9961.33<br>2608.86||



I have audited the books and financial statements of the Sierra Foundation for Life Skills for the 12 month period ended 26/7/2024. 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          20th February 2025 

