## The World Wide Education Project Trustees’ report and financial statement for 2020-21 1 World Wide Education Project Trustees’ report and financial statement for 2020/21 1 ## Contents - 3 Our aim, objectives, & fundamental principals - 4 World Wide Education Project in 2020/21 - 4 Looking ahead to 2021/22 - 5 Financial review - 11 Independent examiners report - 13 Governance World Wide Education Project Trustees’ report and financial statement for 2020/21 2 ## **Our Aim** To create access to quality education for children living in in countries affected by poverty, disasters and conflict. ## **Objectives** ## **Fundamental principles** ## **Dignity** We believe that every person we interact with has an innate right to be valued and to receive ethical treatment that promotes values such as trust, good behaviour, fairness, and kindness. The objective of The World Wide Education Project is to advance education for public benefit through: - Providing and assisting in the provision of **infrastructure and supplies** for educational establishments in developing and disaster affected countries, - Advancing the quality of education through the provision of **expert-led professional development programmes** and interventions for teachers and school leaders. - Providing and assisting in the provision of **therapeutic care for pupils and educational staff** in developing and disaster affected countries. We carry out our work through activities in four specified service lines: - School design and construction - • Teacher development - Psychosocial support - Educational supplies The projects we have delivered in the reporting period demonstrate the flexibility of our service offer. ## **Respect and value of each and every individual** We believe that every person has the right to live, develop to the best of their personal potential, have the same rights and not face exclusion, be respected, and be entitled to opportunities to develop their knowledge and skills. Equally, every person is entitled to protection from violence, exploitation and other forms of abuse. ## **Listen to, and be prepared to learn from, children** We believe that every child has the right to express their views, and to have those views listened to and taken seriously. Any activity that is undertaken is done so with the best interests of the child or children in mind. ## **The value of education** We believe that quality education results in positive change in raising income, improving health, promoting gender equality, mitigating climate change, and reducing poverty, as education provides the foundation to creating an equitable society. ## **Do no harm** We are aware of the wider impact our work may have and take steps to minimise any negative outcomes to our beneficiaries and the wider communities within which we operate. We aim to provide locally effective assistance in ways that are supportive of recovery and long-term sustainable development. World Wide Education Project Trustees’ report and financial statement for 2020/21 3 ## **World Wide Education Projects 2020/21** Due to the global COVID-19 pandemic, the charity had to change its plans for international activities due to the ban on international travel. Therefore, the charity carried out minimal activities and decided to hold its reserves and looks towards 2021/22 for a return to normal operations. Funding activities for the year 2021/22 will focus on expanding the classroom construction project at Kakuma refugee camp, northern Kenya, and a review of other international activities will be carried out. World Wide Education Project Trustees’ report and financial statement for 2020/21 4 ## **Financial review** ## **Income** The World Wide Education Project divides its financial resources into ‘unrestricted’ and ‘restricted’ funds. Restricted funds are those ring-fenced for use on particular projects and are identified by the trustees and operational director when assessing the financial requirements of a project. Funds may be restricted for up to 2 years. The purpose of this is to ensure that the charity has sufficient resources to fulfil its commitments regardless of additional income over the period of restriction. Donors may likewise elect to restrict their donation(s) to be used for a particular project or projects, or they can choose to make a general donation. Restricted donations are identified in the accounts and only used for the purpose intended. The total income for the period was £7635.42. ## **Expenditure** Funds were expended in this financial year except for preparing the accounts. The expenditure was £1,162.58 ## **Reserves policy** It is the policy of the World Wide Education Project that all funds received are used in furtherance of the charity’s objectives. It is the intention of the World Wide Education Project to build up reserves of funds to cover a minimum of 6 months operating costs. The World Wide Education Project ensures that all opportunities to provide assistance in line with its aims are carefully assessed and evaluated in relation to the funds at its disposal. Reserves for the period rolled into the following year total £10,544.26. ## **Risk management** The trustees have a duty to identify and review the risks to which the World Wide Education Project is exposed and to ensure appropriate controls are in place to provide reasonable assurance against operational, organisational, and strategic risks. The Trustees have reviewed the risks to which the World Wide Education Project is exposed, including child safeguarding, financial risks (including reserves, fraud, bribery and corruption), hazardous operational environments, and staff capacity. The Trustees recognise that the charity operates on limited financial resources, and therefore the financial position and financial commitments of the World Wide Education Project are kept under constant review. World Wide Education Project Trustees’ report and financial statement for 2020/21 5 wwEp,-";" EDUCATION Stalem8nt ol Fnanc4al ActNths For th• ar 8nd•d 31st 2021 csjd In￿rne & E efidttuwe account 2020 Inco R•s•Md Oonats)ns 1th74•s•l￿d DDnalv)n8 7.835 V0￿mI￿ry yen•AlbJ Staff cost• Inwrnnce Acrountan Stalx)n•ry •n¢J Idn￿l￿1￿￿• co 126 90 1.037 1.253 Totsl knd• carrl•d ￿￿4rd 8.383 The staternenl of fui*nt411 al gan$ *nd foi lh• p•rnd. Al iic•mg rnsourt•8 and rnsourt•s •xp•nd•d d•￿ from cknntmuiig actwll•8. World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION vil[￿ E MONP Fot the ar ended 3181 2021 019 FIXED ASSETS CIMIRENT A88ETS Stoc Cash at bank and kn hand 10.544 10.544 C￿EDITORs . AMoiNfs FALLI￿ tXE WITHIN ONE YEAR N•t As8•t8 Genoral funds as at 114r2019 Su￿bJ3 l {d•fL*I 10454 G•n•ral •* •t J1¥t ￿rGh 2020 World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION {•) J&9 VAT wtsh r•¢u4w￿l, r•py1￿1 88 wl of {•) World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION VA>RLD EIXICATION PROJECT 8r•nd•d 31st Marth 2021 STAFF COST8 staff oryloy•d for b)* ￿an(la1 pomd TAXAT1014 As a tharty. Wortd IM￿• EducatK*n PnJ8ct IS •X8rylt from tax on inc*)m8 and gams fakng 505 of the Taxa8 Ad 1988, or 8ectKJn 256 ol the TaX4￿n of Ctharg•abl8 Gains Ad 1992 to th8 extent that th8sa a ppbgd Io bl's obpds. ￿ lax tharg•s have arits•n th• tharly. FIXED ASSETS Th• not any fatrd a8s•ls dumg th• y•ar. STOCKS 2020 Good# for rnsala 2020 Ind•pend•nt •xanw•¢s fee actw•d 90 90 World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION WI)RU> TMtE E(XICATION PROJECT Incom• and E ndlurn Account for th• ar •nd•d 31 st Marc* 2021 2021 2021 Incom• Donaknns 7.635 7,635 Kakuma Pfoièd Gr•ace p￿￿ct VobJntary fficom8 9•n•raliDn Slaff to¥ls Insuranc• At¢4Junlancy StatKJnary and adm11*tratr￿ u)sts 128 90 1.037 11.2531 N81 1 {d•fftAI for th• p•iKJd io World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION Independent Examiner's Report CHARITY COMMISSION FOR ENGLAND AND WALES Report to the tru5teesl members of World Wide Education Project On accounts for the year ended 31st March 2021 Charity number 1160396 Set out on pages Page l and Page 2 Respectivè responsibilities of trustees and examiner The charitys trustees are responsible for the preparation of the accounts. The charity's twstee5 consider that an audit 15 not required for Ihis year under section 144 of the Charities Act 2011 (Ihe Charth"es Acr) and thai an independent examination k5 needed. It is my re5￿￿bIl￿Y to.. exarnine the accounts under section 145 of the char￿e$ Act. to follow the procedures laid down in the general Directions gnien by the Charity Cornmission (under section 14515llbl of the Chariiies Act, and to state whether patticular tnatters have come to my attention. Basis of independent My examinats'on was carried out in accordance with gener￿ Dire¢ts"ons given examlner's staiement by the Charity Cornmission. An Èxarnlna￿n indudes a review of Ihe accounty'ng records kept by the tharity and a comparison of the accounts presented ￿th those iecord5. It also includes consideration of any unusual iiems OT disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The proceclures undertaken do not provide all the ewdence that would be required in ￿ audit, and consequenity no opinion is gwen a5 to whether the accounts kyesent a'true and lair, wew and the report is limrted to those matters set in the Statement below. li World Wide Education Project Trustees, report and financial statement for 2020121 wwEp,-";" EDUCATION examinerfs siatement l ￿lch gives me reasonable cause to believe that in, any rnaleri￿ respect, the requirement5'. to keep accounting records in accordance wth secb'on 130 01 Ihe Charitie5 Aci., and to prepare accounts which accord with the accouniing records and rnply with (he accounting requirements ol the Cha¥thes Aci h&ve not been Met.. or 2 to which. in my opinion, attenbon should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 6° Januwy 2022 Signed: Name: Paul Connoll - Tax Sho Grou Ltd Relevant professional gU￿lficatIon1sj or body (if any): Address: Association of Chartereil Certllled Accountants (ACCA) Moulton Park Business Centre Northam ton NN3 6A 12 World Wide Education Project Trustees, report and financial statement for 2020121 ## **Governance** **Structure,** The World Wide Education Project is constituted as a Charitable **governance and** Incorporated Organisation (CIO) and uses a CIO – Foundation model **management** constitution as its governing document. The Board is constituted of three trustees, named below. **Current trustees** Mr Simon Devine (appointed 18/9/2017) Mr Dylan O’Shea (appointed 18/9/2017) Mrs Jennifer Marshall (appointed 18/9/2017) **Methods used to** Combination of actively searching for candidates and an open **appoint new** application highlighting experience and skills matching against the **trustees** functions required to manage the charity or specific focus. **Volunteers** No volunteers were used in this reporting period. **Contact details** Tel: 07740082771 Email: info@wwep.org.uk Website: www.wwep.org.uk Registered address: 54 Pond Road, Holbrook, Derbyshire, DE560TX World Wide Education Project Trustees’ report and financial statement for 2020/21 13 ## **The World Wide Education Project** 54 Pond road, Holbrook, Belper Derbyshire, DE22 1HQ UK Tel: +44 (0)7740082771 info@wwep.org.uk www.wwep.org.uk Twitter: @wwepuk Registered charity number 1160396 (England and Wales) World Wide Education Project Trustees’ report and financial statement for 2020/21 14