## ## |For the year ended 31"January 2020|| |---|---| ||Page| |Legal and administrative
details|| |Report ofthe Trustees|2 —5| |Independent
examiner's
report|| |Statement offinancial activities|| |Balance sheet|| |Notes to the financial statements|9 —18| ## ## |Forthe year|ended 31"January 2020|ended 31"January 2020||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Status||The organisation|||is a|registered||charity, registered
on the 16 January 2015.||||| |Governing|document|The charity|is|constituted|||as a Charitable||Incorporated||Organisation.|| |Charity number||1159983||||||||||| |Registered|address|Flat 1||||||||||| |||50 Ladbroke||Grove||||||||| |||London||||||||||| |||W11 2PA||||||||||| |Trustees||Trustees who||served||during the year and|||up to the date this report is signed, were as|||| |||follows:||||||||||| |||Freya Bielenberg|||||||(resigned|on 12s December 2019)||| |||Terry Riggs|||||||(resigned|on 12s December 2019)||| |||James Riggs|||||||(resigned|on 12s December 2019)||| |||Ben Radley|||||||(resigned|on 12s December 2019)||| |||Katharina
Bielenberg|||||||(appointed|on 09 September 2019)||| |||Tom Cronin|||||||(appointed|on 09s September 2019)||| |||Christopher|Bielenberg||||||(appointed|on 12"December 2019)||| |||Charles Easmon|||||||(appointed|on 31"March 2020)||| |Bankers||HSBC|||||||Republic Bank Ghana|||Limited| |||16King Street|||||||35Sixth Avenue|||| |||Covent Garden|||||||North Ridge|||| |||London|||||||PO BoxCT||4603|| |||WC2E 8JF|||||||Cantonments|||| ||||||||||Accra|||| |||Ahafo Ano Premier Rural|||||Bank|Ltd||||| |||Wioso||||||||||| |||Kumasi||||||||||| |||Ghana||||||||||| |Independent|examiner|Chaweevan|Williams|||FCCA||||||| |||Verdant Accountants||||Ltd||||||| |||167Clarence||Avenue||||||||| |||New Maiden||||||||||| |||Surrey||||||||||| |||KT33TX||||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Note|5|5| |Income from:||||||| |Grants Donations|||||116,428|176,082| |Charitable
activities|||||2,611|2,578| |Other trading
activities.||||||0| |Total income|||||119,039|178,660| |Expenditure
on:||||||| |Raising funds|||||216|793| |Charitable
activities|||||95,868|82,609| |Total expenditure|||||96,084|83,402| |Net Income i(expenditure)||and net movement|in funds.||22,955|95,258| |Reconciliation
offunds:||||||| |Total funds brought|forward||||277,630|182,372| |Total funds carried forward|||||300,585|277,630| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|Income from donations||||| |---|---|---|---|---|---| ||||||2020| |||||Unrestdcted|Total| |||||f|8| ||Bielenberg
Family Foundation|||31,000|31,000| ||Rotary
Hilfe|||4,662|4,662| ||AJG Model Support|||82,181|62,181| ||Donation of Dormitory|from|I-ENG|0|0| ||Donation
from local farm business|||0|0| ||Donations
from individuals,||82,500 and less|18,585|18,585| ||Total donations|||116,428|116,428| ||Prior period comparative||||| ||||||2019| |||||Unrestricted|Total| |||||8|8| ||Bielenberg
Family Foundation|||5000|5,000| ||Rotary Hilfe|||7311|7,311| ||AJG Model Support|||27868|27,868| ||Donation of Dormitory|from|I-ENG|100,000|100,000| ||Donation
from local farm business|||18,399|16,399| ||Donations
from individuals||(&f:2,500)|19,504|19,504| ||Total donations|||176,082|176,082| |4|Income from charitable|activities|||| ||||||2020| |||||Unrestricted|Total| |||||f:|f| ||Income from school|fees||2,611|2,611| ## ## |5|Total expenditure|||||||Support and|| |---|---|---|---|---|---|---|---|---|---| |||||||Raising|Charitable|governance|2020| |||||||funds|activities|costs|Total| |||||||5|6||| ||School equipment|and running||costs|||25,162||25,162| ||Staff costs —Ghana||||||34,619||34,619| ||Fundraising
expenses|||||216|||216| ||NGO registration|—Ghana||||||0|0| ||Freelancer fees||||||13,388|2,363|15,751| ||Travel costs|||||||4,360|4,360| ||Administration
costs|||||||918|918| ||Accountancy|||||||900|900| ||Depreciation||||||14,367||14,367| ||Bank charges and transfer fees|||||||500|500| ||Foreign exchange|(gains )/ losses||||||(709)|(709)| ||Sub-total|||||216|87,536|8,332|96,084| ||Allocation ofsupport||and governance||costs|21|8,311|(8,332)|0| ||Total expenditure|||||237|95,847|0|96,084| ||Prior period comparative|||||||Support and|| |||||||Raising|Charitable|governance|2019| |||||||funds|activities|costs|Total| |||||||8||F|| ||School equipment|and running||costs|||22,226||22,226| ||Staff costs —Ghana||||||34,973||34,973| ||Fundraising
expenses|||||716|||716| ||NGO registration —Ghana|||||||185|185| ||Freelancer fees||||||7,990|1,410|9,400| ||Travel costs|||||||1,219|1,219| ||Administration
costs|||||||710|710| ||Accountancy
&Governance|||||||900|900| ||Depreciation||||||9,367||9,387| ||Bank charges and|transfer fees||||||471|471| ||Foreign exchange|(gains)
/ losses||||||3,235|3,235| ||Sub-total|||||716|74,556|8,130|83,402| ||Allocation ofsupport||and governance||costs|77|8,053|(8,130)|| ||Total expenditure|||||793|82,609|0|83,402| ||Total governance|costs were 6900(2019:F900).|||||||| ## ## |is stated|after charg|ing:|||||| |---|---|---|---|---|---|---|---| |||||||2020|2019| |||||||6|6| |Depreciation||||||14,367|9,367| |Trustees'|indemnity|insurance||||Nil|Nil| |Trustees'|reimbursed|expenses||||Nil|Nil| |Trustees'|remuneration||(see below)|||0|9,400| |Independent
Examiner's|||remuneration|(including|VAT)|900|900| ## ## ## ## |f costs and numbers
f costs were as follows:||| |---|---|---| ||2020|2019| ||f|| |Salaries and wages —Ghana|34,619|34,973| |Freelance staff —UK|15,750|9,400| ||50,369|44,373| |2020|2019| |---|---| |6|| |25|25| ## ## |gible fixed assets|||| |---|---|---|---| ||Land and|Plant and|| ||buildings|equipment|Total| ||E|F|f| |Cost|||| |At 1"February 2019|280,333|20,000|300,333| |Additions|14,523|0|14,523| |At 31"January 2020|294,856|20,000|314,856| |Depreciation|||| |At 1"February 2019|26,236|2,833|29,069| |Charge for the year|13,366|1,000|14,388| |At 31"January 2020|39,602|3,833|43,435| |Net book value|||| |At 31"January 2020|255,254|16,187|271,421| |At 31"January 2019|254,097|17,167|271,264| ## ## ## |2020|2019| |---|---| ||6| |2020|2019| |---|---| |6|| |(900)|(2,310)| |0|0| |(900)|(2,310)| ## ## |12|Movements|in funds|in funds||||| |---|---|---|---|---|---|---|---| |||||At 1|||At 31| |||||February|||January| |||||2019|Income|Expenditure|2020| |||||E||f|5| ||Unrestricted||funds||||| ||General|funds||277,630|119,039|(96,084)|300,585| ||Total funds|||277,630|119,039|(96,084)|300,585| ||Prior year comparative||||||| |||||At 1|||At 31| |||||February|||January| |||||2018|Income|Expenditure|2019| ||||||E||E| ||Unrestricted||funds||||| ||General|funds||182,372|178,660|(83,402)|277,630| ||Total funds|||182,372|178,660|(83,402)|277,630| ## ## ## ## ## |ncial instruments||||| |---|---|---|---|---| ||||2020|2019| ||||6|6| |Financial assets that are debt instruments|measured|at amortised cost:||| |Other debtors|||0|0| |Cash at bank and in hand|||30,064|8,676| ||||30,064|8,676| |Financial|liabilities measured|at amortised|cost:||| |---|---|---|---|---|---| |Accruals||||(900)|(2,310)| |Other creditors||||0|0| |||||(900)|(2,310)|