SHAMROCK EDUCATIONAL TRUST FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 December 2020
Charity No: 1158847
SHAMROCK EDUCATIONAL TRUST DRAFT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2020 INDEX
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1 Trustees' Report 3 Statement of Receipts and Payments 4 Balance Sheet
Shamrock Educational Trust Financial Statements for the Year Ended 31 December 2020
Trustees' Report
The trustees present their report and the financial statements for the period ended 31 December 2020
The Charity's name and registration number
The Charity's name is Shamrock Educational trust. Its registration number with the Charity Commission is 1158847.
Principal Office
The Charity's principal office is: 1 Maes Herbert, Llaneilian, Isle of Anglesey LL68 9LY
Trustees
The trustees of the charity who all served throughout the year were as follows:
Andy Ryder Susan Bohane Todd Death
The trustees have been in office throughout the charity's existence.
If the current trustees, at any time, perceive that there are gaps in the skill sets they possess, to enable the charity to fulfill its aims and objectives, suitable individuals will be invited to become trustees. New trustees will be given a full induction process explaining the aims and objectives of the charity, how it operates and their role as trustees.
Stucture, Governance and Management
The charity was established as an unincorporated charity under a declaration of trust dated 29 August 2014. The charity is managed by its trustees who meet regularly to monitor its progress.
Objectives and Activities
The objectives of the charity are:
To advance the education of the public, in particular but not exclusively the pupils at Shamrock school in Nepal in such ways as the trustees see fit.
The charity raises funds fronm donations, principally in the UK, and transfers them to the Shamrock School in Nepal to contribute to its operational needs.
The Shamrock School
Shamrock School is a boarding school in the city of Pokhara, Nepal. There are places for approximately 80 children from 9 to 16 years old.
Some of the students are disabled; many have no parents or family; most are from desperately poor backgrounds, all of them want to learn.
The School is providing high quality education for intelligent and motivated children of promise without the necessary means for an adequate education. These children aspire to be doctors, engineers, nurses, teachers and other professio In addition to the core aim of providing education for the school students, Shamrock is also involved in a range of other development activities.
With the general aim of making the world a better place by encouraging individuals to be positive, proactive, responsible citizens of the community, the School arranges teacher training, runs adult literacy classes, provides health and hygiene advice and increases environmental awarenesss in the wider community.
Achievements, performance and financil review
Since its inception in 2014, the charity has raised and donated 100% of the funds needed to educate and house 70 pup (NGO Gyanodaya Education Nepal)
The charity transfers available funds to the NGO Gyanodaya education Nepal, which is responsible for the running of Sh school. In future the Trustees intend to build reserves so that the charity has sufficient funds to meet the school's requirements and the charity's running costs for a period of 12 months.
This report was approved by the trustees on 31 March 2022
Andy Ryder Trustee
Page 1
Independent examiner's report to the trustees of Shamrock Educational Trust
I report on the accounts of the charity for the year ended 31 December 2020, which are set out on pages 3 an
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
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have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
William Parry MSc FCA
Ynys Hir, Sandy Lane, Rhosneigr, LL64 5XA
Page 2
Shamrock Educational Trust Statement of receipts and payments for the year ended 31 December 2020
| Receipts Donations Payments Payments made to the Shamrock School Rent for Shamrock School Publicity and other costs Bank charges Total disbursements (Deficit)/Surplus for the period Accumulated fund brought forward Accumulated fund carried Forward |
2020 2019 £ £ |
|---|---|
| 86,782 38,090 |
|
| 86,782 38,090 |
|
| 42,000 55,000 0 0 684 0 164 138 |
|
| 42,848 55,138 |
|
| 43,934 -17,048 15,062 32,110 |
|
| 58,996 15,062 |
Page 3
Shamrock Educational Trust Balance Sheet at 31 December 2020
| Current Assets: Cash at Bank and in Hand Accumulated Fund General funds |
Note | 2020 2019 £ £ |
|
|---|---|---|---|
| 58,996 15,062 |
|||
| 58,996 15,062 |
The Financial Statements were approved by the trustees on 31 March 2022 and signed on their behalf by
Andy Ryder Trustee
Basis of preparation of financial statements
The financial statements have been prepared on a receipts and payments basis in accordance with Charity Commission regulations.
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