2025-12-31-accounts

SIERRA LEONE EDUCATION AND DEVELOPMENT TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Sierra Leone Education and Development Trust Contents of the Financial Statements For The Year Ended 31 December 2025

Contents
	Page
Trustees Annual Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Financial Statements	6

Sierra Leone Education and Development Trust Trustees’ Report For The Year Ended 31 December 2025

The trustees submit their annual report and the financial statements for the year ended 31 December 2025.

Full Name	Sierra Leone Education and Development Trust
Registered Charity Number	1158253
Principal Address	6 Cumberhills Road, Duffield, Belper, DE56 4HA
Trustees	Appointment Date
Kevin Curley CBE	01/12/2013
Michael Martin MBE	01/12/2013 (resigned)
Rachel Curley	07/04/2018
Chernor Barrie	06/10/2018
Benjamin Attle	22/03/2023
Jacqueline Finn	22/03/2023
Foday Conteh	21/04/2024
Andrew Higginson	26/11/2024

Other Committee Members

There are no other committee members in the UK.

Independent Examiner

Tom Geraghty & Associates, 38-40 North Gate, Newark, Nottinghamshire, NG24 1EZ

Governance and Maintenance

The charity is governed by a trustee board made up of nine trustees. We meet four times each year.

Recruitment and Appointment of Trustees

In January 2026 Paul Brown and Nuno Lopes were appointed as trustees.

Objectives and Activities

Public Benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales

The charity's objectives for 2025 can be seen on the website at www.sierraleoneaid.org.uk

Objectives for 2025 (2024 targets appear in brackets) and core functions:

• We will pay all the educational costs for 85 (75) high achievers in primary schools from poor homes who would otherwise be unable to succeed in secondary school.

• We will provide mobility equipment for 35 (35) disabled children and young people so that they can get to school and around their villages without crawling or being carried. We treat prosthetic legs as mobility equipment.

• We will support care and training costs at Mustard Seed children’s home in Moyamba so that 10 (10) severely disabled children get the support they need.

• We will pay for 4 (2) blind children and 3 (2) deaf children to get the benefit of residential education including, for the blind children, learning to read braille.

• We will support 70 (70) students in the final two years at Kroo primary school. This school serves the most deprived neighbourhood in Freetown.

• We will support 13 (9) of our successful secondary school ‘graduates’ so that they can go on to university or vocational training college.

• We will provide solar lamps for evening study to all our sponsored students and to teachers and top class children in several primary schools (new objective).

• We will develop and empower our volunteer team by providing training and giving volunteers the opportunity to influence our priorities and shape our work through the Sierra Leone committee (new objective).

• We will recruit and train 2 new female volunteers in order to improve the gender balance in our volunteer team (new objective).

Mission: We will contribute to the development of Sierra Leone by empowering children and young people to achieve their full potential through access to and support for education.

Principles and vision: We envisage a society in which the children and young people of Sierra Leone have overcome the barriers to their education and advancement in life.

Achievements and Performance

The charity's Achievements Report for 2025 can be seen at www.sierraleoneaid.org.uk

Financial Review

Policy on reserves

Sierra Leone Education and Development Trust is required to ensure that reserves are available in each financial year to meet any reasonable foreseeable contingency. In reviewing the potential costs should a significant reduction in income arise, the trustees have determined that unrestricted reserves be maintained at two months running costs. This is reviewed annually.

Sierra Leone Education and Development Trust Trustees’ Report For The Year Ended 31 December 2025

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The trustees are to prepare financial statements for each financial year. 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 charitable trust and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable trust will continue in business.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable trust's transactions and disclose with reasonable accuracy at any time the financial position of the charitable trust. They are also responsible for safeguarding the assets of the charitable trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the trustees of the charity on 11 July 2026 and signed on its behalf by:

Kevin Curley ............................................................

Adrian Kevin Curley CBE Chair of the Trustees

Sierra Leone Education and Development Trust Independent Examiner’s Report For The Year Ended 31 December 2025

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2025.

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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect:

1. accounting records were not kept in accordance with section 130 of the Charities Act; or

2. the accounts did not accord with the accounting records; or

3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

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.

Signed

............................................................ Tom Geraghty, FCA

Tom Geraghty & Associates 38-40 North Gate Newark Nottinghamshire NG24 1EZ

Date 14/08/2026

Sierra Leone Education and Development Trust statement of Financial Activities For The Year Ended 31 December 2025 2025 2024 Inctsme Donations to the general fund Donations to the container appeal Donations for woshable Sanitary pads Woodlei¥h Impact (for wheelchairs) Oonations to the tertiary fund GiftAid Travel Cost Aecovered Easy Fundrai5in8 Aefund 52.376 48.913 3.830 7,950 11,617 7.846 7,970 9,055 28 30 69￿26 30 S5￿19 Charitable expenditure Supportfor secondary school students Mobility equtpment for disabled 5tudentsladults Medical costs in emerEencie5 for students Supportfor students in tertiory education Kroo 8oy education project Support for Mustard Sttd Foundation 8onthe & Mania Project Provision of solar lights to students Sierra Leone volunteers. trèvel and traininq Support for students with special needs Funding for MOFUSS school project Fundin8 lor small projects reccomended by¥olvnteers 21,904 9,233 1,551 12,154 3.130 3,943 28,976 13,299 1.601 6,611 2.685 3.694 825 1,795 3.910 2,788 3.360 1.079 1.325 112 5,251 65.658 63.567 GROSS SURPWS 20,161 6,259 other Income Bank interest receivable Forei¢n exchanEe ¢ain 84 66 507 6￿2 20.245 Expenditure Trustees, travel expenses Idonoted back to the chorityl PrintinL postsge & stationery (donated back to the charityl ministrètion costs Bank charges Sundry expenses Refund of donations to Keneral fund 3,130 496 429 1.382 1.428 1.054 118 1.024 15 2C 6.582 5.294 Foreign exchanRe difference 507 1.538 NEf SURPLUS/IDEf Icin iY.663

Sierra Leone Education and Development Trust Balance Sheet As Of 31 December 2025

			2025			2024
	Notes	£		£	£		£
CURRENT ASSETS
Cash at bank and in hand				26,537			12,874
NET CURRENT ASSETS				26,537			12,874
TOTAL ASSETS LESS CURRENT LIABILITIES				26,537			12,874
NET ASSETS				26,537			12,874
FUNDS OF THE CHARITY
Balance at 1 January 2025				12,874			11,336
Surplus/(Deficit) for the period/year				13,663			1,538
						zz
Balance Carried Forward				26,537			12,874

Sierra Leone Education and Development Trust Notes to the Financial Statements For The Year Ended 31 December 2025

1. Accounting Policy

These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.

2. Foreign Exchange Differences

The foreign exchange differences arise due to the highly fluctuating rate of exchange of Leones to Sterling. The exchange rate for the Leone varied between 25 and 28 to the British pound.

3. Trustees’ Expenses

Expenses incurred by trustees of the charity are donated back to the charity.