**To**
## **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**
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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|||
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**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**
1
|**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**|
|---|---|---|
||||
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|**Name of chief executive or names of senior staff members (Optional information)**|||
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## **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**
2
## 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**
3
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**
4
## **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**
5
|**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**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_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
1
|**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 £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||Benedict Charles Marsh|25/03/2023|
|||||
CCXX R2 accounts (SS)
16/03/2023
2