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2023-03-31-accounts

The World Wide Education Project

Trustees’ report and financial statement for 2022-23

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World Wide Education Project Trustees’ report and financial statement for 2022/23

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Contents

World Wide Education Project Trustees’ report and financial statement for 2022/23

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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:

We carry out our work through activities in four specified service lines:

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 2022/23

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World Wide Education Projects 2022/23

Since the global COVID-19 pandemic, the charity has changed its focus of activities, for the on classroom construction in Kakuma refugee camp in Kenya, a project we have continued over many years with trusted partners, the Lutheran World Federation and UNHCR.

A classroom was built at the New Light Primary School for year 5 pupils. The age range is between 10-17yrs. Due to many factors and challenges, including language barriers and missing school attendance, keeps the older children in these lower year groups. With the large range of ages brings the challenge of overcrowding in classrooms. The average teacher to pupil ratio is 1:117, so building further classrooms is a priority, and one we hope to continue into 2023/24.

World Wide Education Project Trustees’ report and financial statement for 2022/23

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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 £6,634.

Expenditure

Funds were expended in this financial year except for preparing the accounts.

The expenditure was £11,395.

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 £7,099.

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 2022/23

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wwEp WORLD WIDE EDUCATION PROJECT II•)RLD IIICE EDIKATION PROJECT Incom8 & E a¢end•d 3181 M•Tth 2023 •ndknrn account Forth 2023 Incom• R•s•pnd oon8￿nI 1ffi40s0nf•¢J DDn8iMin 6.503 131 6,834 Vohjntary incorrn g•neMIN)fi arttable Aclwthi 305 11,OQQ Stafl ¢o8ts Insunnc• Accountancy sts￿nIty and adn)is￿lfv• c41ts gQ 11,395 T¢¢•l ¢4nl•d f¢n4T•rd 4,762 Th• #tat•m8nl ol fmanL>BI inthd•s al gains and k)s8•# lof th• p•rKMI. Al ine4)n￿g f•lOU￿ and rn*ourt•8 •xp•nd•d d•M fn)m contmu•ig 8ctfvttiry8. World Wide Education Project Trustees, report and financial statement for 2022123

wwEp WORLD WIDE EDUCATION PROJECT YIIDE EDUCATION PROJECT 8alane sh••ts ar ended 31s1 Mart 2023 F¢r the 2023 FIXED ASSETS CiMIREKf A88ET8 Slodt Casth at bank and in hand 7.189 7,189 CREDITORS . AMOLNTS FALLING DLE WITHIN OtrE YEAR (90) M•t A%••ts G•n•rnl funds as at 11412022 l (daf￿) 11860.28 (47621 G•n•ral a• at31st Ma￿h 2023 World Wide Education Project Trustees, report and financial statement for 2022123

wwEp WORLD WIDE EDUCATION PROJECT {a) Ba8* ol {c) rn94XffC•O {d) R8aeAffc•a {•) World Wide Education Project Trustees, report and financial statement for 2022123

wwEp WORLD WIDE EDUCATION PROJECT bW)RLD WIDE EI)UCATION PROJECT 3151 Marth 2023 STAFF COSTS stsff t￿$ts fof th• ￿r. TAXAnON As a thaity. Wortl IAlde EducatM)n Proigd is •xgry>t fforn lax on inc4Jm8 and 18lmg ￿Ct￿)n 50S of th• Taxes Act 1988. or 256 of tho Taxab)n of Carg•ablB Gains Ad 1992 to tho •xtsnt thal th•s• a apphBd lo li's tha￿abl0 obi•ds. ND lax thary•s hav• aM•n Ihé thaity. FIXED ASSETS Th• thaity did not any assots dumg lh• yoar. STOCKS 2023 Goods for osa CREIXTORS: AMOLNfs FAWNG DUE YEAR 2023 Ind•p•nd•nt •X4mii•fs f•• at<N•d 90 90 World Wide Education Project Trustees, report and financial statement for 2022123

wwEp WORLD WIDE EDUCATION PROJECT VA>RU> bMDE EDIKATION PROJECT Inc4)me and ondlium Account lorlho aw ended 31st Marth 2023 2023 2023 Incoffl• RèséN8d Donaknns Don￿￿nI 6.503 131 6.634 VO￿n{ary generalKn artsblg Actrrt*i Insurance A￿oUntan Slat￿nary and admiiistralr¥• costs 305 11,000 111.3951 Not l (déf￿> fof th• p•rthl io World Wide Education Project Trustees, report and financial statement for 2022123

wwEp WORLD WIDE EDUCATION PROJECT CHARITY COMMISSION FOR ENGLAND AND WAIES Independent examinerfs report on the 1¢ urthr SeCW￿ 145(5)(b) of tr* kL 1&4 bryty li World Wide Education Project Trustees, report and financial statement for 2022123

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 1 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 2022/23

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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 2022/23

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