2022-08-31-accounts - Zenith Education

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Trustees' Annual Report for the period

Period start date Period end date 1 Sep 2021 31 Aug 2022

From

Section A Reference and administration details

Charity name Zenith Education Other names charity is known by n/a Registered charity number (if any) 1157788 Charity's principal address 9 March Square Chichester West Sussex Postcode PO19 5AN

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Benedict Charles Marsh	Chair
	Emma Marsh	Trustee

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address




Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Articles of Association

Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted

(eg. trust, association, company)

Appointed by the trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

For the public benefit to advance the education (including social and physical training) of children in the developing world, in particular but not exclusively, in India, in such ways as the charity trustees think fit. Summary of the objects of the charity set out in its governing document

TAR

March 2012

Aims & Purpose:

After being established initially to support just one school, Zenith Education now supports fourteen schools. This significantly improves the lives and education of the socio-economically impoverished children across four slum areas in the northern part of Mumbai.

Achievements:

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Children in Malwani, one of the largest slums in Asia, are trapped in the well documented ‘Poverty Cycle’. It is nearly impossible for families to escape this cycle without outside intervention.

Zenith Education continues to work through its expanding group of schools to provide children with an education. Education is recognised as one of the most important factors in allowing individuals to escape poverty. Zenith is also very proud to provide at least one working toilet in every school and has been involved with funding construction of toilets, in schools where none was available. Open-air defecation continues to be a huge challenge in India and all Zenith Group children have access to a toilet and clean water during the school day.

Public Benefit:

The Trustees, when making decisions, have had due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

This reporting period, represents another challenging year for Zenith Education. The lasting effects of the Covid pandemic on Donor behaviour have continued to impact receipts. During the previous reporting period, all of the Zenith Group schools had been closed in response to Government directives. The Trustees are delighted to report that during this period, the schools have gradually reopened and children have been able to recommence face-to-face learning. Remote learning was effective as a short-term response to the pandemic, but educators would almost universally agree that in-person learning is optimal. Each of our schools has recovered from the Pandemic well, but at different rates. The larger, well-established schools have proved most resilient, with numbers quickly approaching pre-pandemic levels. Our smaller and newer schools have found it more challenging, but initial signs are positive and numbers continue to grow. During the pandemic, many families became used to children being at home and there has been some reluctance to allow children to return to school. Sadly, this is because many children worked during the pandemic, often in illicit activities, bringing in extra household income.

Donations during this period have been limited. The trustees remain committed to providing funds that result in the highestimpact investing. Whilst the needs in our communities remain many and varied and we receive a large number of requests to provide financial support, the Trustees have pledged to invest in lasting, sustainable education projects only.

As the schools return to normal operations, Zenith’s pre-pandemic planning remains in place. The aim is still to develop and grow our second cluster of schools and then repeat this process during the next few years.

The Trustees are also discussing strategies for taking the model of low-income school cooperation interstate. It is our belief, that with a new tranche of funding, our proven model could be developed and expanded, allowing more schools and their children & families to benefit from a robust education. We are seeking support from Donors for our concept.

TAR

March 2012

Section E Financial review

Wherever possible, funds are allocated to a specific cost or project; if no Brief statement of the such project is pending, funds are retained by the charity for future use charity’s policy on reserves by the schools.

Details of any funds materially in deficit

n/a

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Benedict Charles Marsh Position (eg Secretary, Chair, Chair etc) 25/3/23

TAR

March 2012

Zenith Education			1157788
Receipts and payments accounts				CC16a
For the period from	01-Sep-21	To	31-Aug-22

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 1,957 - - - - - - 1,957 - - - 1,957 1,000 5,781 - - - - - - - 6,781 - - - 6,781 - 4,824 - 73,450 68,626	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - 6,315 6,315	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 1,957 - - - - - - 1,957 - - - 1,957 1,000 5,781 - - - - - - - 6,781 - - - 6,781 - 4,824	Last year to the nearest £
Donations	1,957				2,199
Gift Aid					401
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	1,957				2,600

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					2,600

Donationspaid	1,000
Cost of charitable activities(incl travel)	5,781				69
	-				-
	-				-
	-				-
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**Sub total **	6,781				69

A4 Asset and investment purchases (see table)
,	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					69

	- 4,824	-	-	- 4,824	2,531
	-	-	-	-	-
	73,450	6,315	-	79,765	77,234
	68,626	6,315	-	74,941	79,765

CCXX R1 accounts (SS)

16/03/2023

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details From last year Balance this year Balance this year Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 73,450 6,315 - 4,824 - 68,626 6,315 OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Benedict Charles Marsh	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
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			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
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			Current value (optional)
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			When due (optional)






			Date of approval
		Benedict Charles Marsh	25/03/2023

CCXX R2 accounts (SS)

16/03/2023