educale achijd international IvThi_kJ', ri. Il ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR TO 31 DECEMBER 2023 CHARI NO: 1160869 ¥wEaci,org, EducateA Child Intemèbonal 10 Queen 5trEetPlace London EC4R1 BE, United Kingdom
We give children access to quality education where they are denied this for reasons like poverty, conflict, disaster, disability and discrimination
WHY WE EXIST
The global community is now halfway towards the deadline for achieving the Sustainable Development Goals (SDGs). However, we are still far from reaching these crucial targets. Given that education plays a pivotal role in many of the SDGs, the consequences of falling short will be felt by all.
The impact of Covid-19 has been substantial, particularly on retention rates and learning outcomes. Yet even before the pandemic struck, a staggering ¼ billion children and young people did not have access to school – including an incredible 67 million primary-aged children. These out of school children are amongst the most vulnerable, contending with numerous and overlapping barriers. This perpetuates a cycle of inter-generational disadvantage that is ��������������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������������� and future earning potential – and the cycle is set to be repeated with their own children.
We want to change this. Our vision is to ensure that every child has access to a quality ����������������������������������������������������������������������������������������� denied education in low-income and lower-middle income countries for reasons like poverty, �������������������������������������������������������������������������������������������������� highlights the challenges we want to overcome and provides insights into our plans for 2024.
In 2023, we:
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Enabled access to quality primary education for out of school children. The grants we ��������������������������������������������������������������������������������������
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o Supported youth development projects in Vietnam supporting marginalised youth to become change-makers and contributing to the creation of productive and resilient communities.
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������������������������������������������������������������������������������������� access to University for forced migrants. We are working with other leading UK Universities and a donor towards creating fully-funded scholarships for forced migrants.
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Raised awareness of the International Day to Protect Education from Attack.
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Disseminated Ukrainian and Afghan educational materials to UK-based charities working with those refugees, allowing children to continue learning in their own language.
We maintain a strategic partnership with Education Above All Foundation (EAA). Since 2012, ���������������������������������������������������������������������������������������� vulnerable girls and boys around the world, bringing them into the education system and ���������������������������������������������������������������������������������������������� facing the greatest disadvantages, fostering collaboration across all sectors to work together �������������������������������������������������
There is still much to do – to help more children and young people access education and skills, and to help them to thrive. Please get in touch.
Fahad Al Sulaiti
James Shaw-Hamilton
Chair of Educate A Child International CEO of Education Above All Foundation
CEO of Educate A Child International
Our Focus
Our partnerships give children access to quality education where they are denied this. In 2023 this was focused around four main areas:
~~Out of School Primary AGED ChILDREN~~
Primary education forms the bedrock of development. It is in primary school that children learn foundational skills that prepare them for life, work and active citizenship. Quality education empowers children and young people, safeguards their health and well-being, and breaks cycles of poverty.
YOUTH CHANGEMAKERS
Young people represent our future. Supporting them to envision ���������������������������������������������������������������� ��������������������������������������������������������������������� them with the appropriate tools, empowers them to shape the future.
Protecting Education for Refugees
�������������������������������������������������������������������� international community responds with life-saving interventions to safeguard as many lives as possible in the shortest time. But �������������������������������������������������������������������� the initial response. Education provides children with safety, a sense of normalcy and the skills they need to bounce back from adversity. It can save and help rebuild young lives.
Awareness Raising
Raising awareness is key to emphasising the critical role of primary education in fostering sustainable development and social change. ������������������������������������������������������������������� we can mobilise support for inclusive and equitable learning opportunities and galvanise support for collective action towards creating a more just and educated society.
My education is my strength. It gives me the power to say ‘I can’ when everybody around tells me otherwise…. [It] makes me less vulnerable.” ��������������������
Our support to out of school children
shadow over educational access. Children living amidst economic fragility, political ������������������������������������������ ������������������������������������������ educational opportunities. Children with disabilities and those from ethnic minorities face even greater challenges. In certain areas, limited educational opportunities for girls further exacerbate the disparities. The widening digital divide is another challenge: the vast majority of school-aged children globally lack internet access at home, limiting their capacity for further learning and skills development.
Education is not just a privilege – it is a fundamental right for every child. However, this right is far from being realized for many children worldwide, as the journey from home to schooling to meaningful learning remains fraught with challenges.
As well as the millions of children out of school, startling statistics reveal that over 600 million children across the globe struggle to attain even the most basic ��������������������������������������� even with two-thirds of these children already enrolled in schools.
Even those fortunate enough to attend school face hurdles. Inadequate resources plague many educational institutions, from ��������������������������������������������� educational materials and crumbling infrastructure. Some students arrive at
The reasons behind this educational crisis are diverse. One of the most persistent barriers is poverty, which casts a long
5| Annual Report 2023
school undernourished, unwell or exhausted from their demanding household chores or ������������������������������������������ engage in their lessons.
������������������������������������������ the number of out of school children until about 10 years ago, but it has stalled at the same time as funding has plateaued.
The consequences of these educational inequities are profound. Children who are denied quality education face formidable obstacles to employment later in life. Moreover, they are more susceptible to ill-health and are less likely to have a voice in decisions that shape their futures, endangering their ability to contribute positively to their communities.
Our delivery partners work with out of school children, transforming lives at scale through practical support like building schools and providing books, to initiatives improving teaching and tackling attitudes towards education. In these projects we ����������������������������������������� Child programme:
Support for Children at risk of dropping out of primary education - Malawi
In Malawi, only 13% of girls complete upper secondary school and among the poorest children this falls to 2% . And 42% of girls are married before the age of 18, with 9%
married before the age of 15.
We want to give girls in Malawi better opportunities to thrive in life. The project, in partnership with CAMFED is empowering thousands of girls and young women with:
• Access to education and support for those most at-risk of dropping out of primary education, overcoming the barriers they face.
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Sexual and reproductive health education to enable girls to understand their development and their rights to health care and protection.
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Psychosocial support.
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WASH facilities: Improved bathroom/ toilet facilities at school.
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Identifying patterns of abuse: Tools to recognise when they are facing abuse at home, are at risk of marriage or are being pressured into sexual activity; and
• Mentorship and local leadership: Support from young female mentors with backgrounds of rural poverty who have completed their education and share a deep commitment to giving back to their communities; this helps both the female mentor and the girls whom the project supports.
Enrol Out of School Children project: Break the Cycle of Poverty – multiple countries
This project in partnership with BuildOn supports out of school children to have
access into school in some of the hardest to reach areas across Burkina Faso, Guatemala, Haiti, Malawi, Mali, Nepal, Nicaragua and Senegal. It does this by focusing on:
programs, counselling, and extracurricular activities.
- Holistic Development: The initiative aims not only to provide basic education but also to create a conducive and holistic learning environment for children.
• Access to Education: The primary focus is to get out of school children into classrooms, breaking down barriers to education and enrolment.
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Local and International Support: Collaboration between local and international stakeholders underscores the commitment to improving education.
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School Construction: In collaboration with local communities, constructing schools in underserved and remote areas, increasing the access to education.
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Community Income Generating Activities: Collective income generating activities such as small commerce, farming, animal husbandry, textile production, soap making, cloth dying and tree planting.
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Community Engagement: The project actively involves community members in the construction process, fostering a sense of ����������������������������������������� success.
Our support to Young Changemakers
- Teacher Training: Trained teachers are provided to ensure the quality of education, enhancing the learning experience for students.
������������������������������������������ work to new audiences in order to raise awareness of the needs and role of young people, and to raise funds. These projects mobilise the grassroots power of young people as advocates, peacebuilders and ��������������������������������������� ����������������������������
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Learning Materials: Quality materials and resources are supplied to schools, ensuring that students have the necessary tools for their education.
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Support Systems: The project establishes support systems to address various educational needs, such as mentorship
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Climate changemakers - Vietnam
We are delighted that three scholars have ��������������������������������������� College Oxford, co-funded by the University and EAA. We facilitated this partnership.
Vietnam is one the countries most likely to ����������������������������������������� create irreparable environmental damage and destroy millions of livelihoods. Young people are an untapped resource to make change happen.
We are working with other leading UK Universities and a donor towards creating fully-funded scholarships for forced migrants. We look forward to announcing more scholarships in 2024.
In partnership, EAA and ActionAid UK are creating an active network of young �������������������������������������� resilience to climate change. The project is engaging nearly 12,000 youth as Climate Action Advocates, equipping them with the knowledge and skills to become active global citizens and young leaders of change.
Continued learning for refugee children
��������������������������������������� UK-based charities working with refugees, to allow Ukrainian and Afghan forced migrants to continue learning in their own language. These well-regarded, tech-free, cost-free, low-resource learning materials can be found on our website.
Our support to forced migrants in Europe
Higher education scholarships
This is part of a larger internet-free education resource bank hosting hundreds of cost-free games and project-based learning modules, also available in Arabic. The resources have been downloaded 800,000 times in 100+ countries to help catch-up on foundational skills for those who are isolating or have little/no access to technology.
Cost is a barrier to getting into University to all but a small minority of forced migrants across the UK: they are usually charged international fees and are ineligible for student loans. Some scholarships are available, but these are very competitive and often cover only part of the costs (so there is a high risk to retention).
Raising Awareness
Innovative Finance
To progress towards global educational targets it is imperative that we explore ��������������������������������������� looking at several tools with the capacity to enhance educational outcomes and increase ���������������������������������������
Protecting education from attack
In Gaza, Ukraine, Yemen, Nigeria and so many other countries, attacks occur with heart-breaking frequency on students, teachers, academics and education institutions, for political, military, ideological, sectarian, ethnic or religious reasons.
EACI chaired a panel on Education Impact Bonds at the World Innovation Summit for Education in Qatar (WISE). The panel comprised of representatives from the World Bank, UBS, Michael & Susan Dell Foundation and Education Outcomes Fund, and was co-facilitated with the British Asian Trust. The panel deliberated on several key aspects, including:
We raised awareness of the International Day to Protect Education from Attack on 9 September with UK Universities and network organisations supporting hundreds of schools.
����������������������������������������� ��������������������������������������������� for the SDGs.
Goodwood
We were thrilled at the opportunity to spread awareness of the needs of out of school children in Malawi to a new audience at Goodwood, who kindly made EAA the charity partner for the Magnolia Cup. We were able to speak with a wide range of groups including:
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Insights into Bonds from the perspectives of multilateral institutions, government ��������������������������������� institutions.
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Recognising Qatar and the broader Arab ������������������������������������������� ��������������������������������������������� contributions that partnership can bring to the global Bonds ecosystem.
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Media
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Corporate sponsors
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Public
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And the remarkable amateur jockeys taking part of in the Magnolia Cup. With thanks for the generosity of sponsors and Goodwood, the event raised £244,653 (net of costs) from the sponsorship, dinner and donations held as part of the Magnolia Cup. This will help over 2,450 girls in Malawi.
We are actively supporting EAA in crafting a comprehensive strategy for the development and implementation ���������������������������������������� education.
9| Annual Report 2023
IMPact of Global EVENTS
244 million children aged 6-18 are out of school; 67 million of these children are of primary school age.
Covid has deepened the learning crisis with 70% of 10-year olds in low and middle income countries unable to understand a simple written text (previously 57%). This generation of students risk losing $21 trillion in potential lifetime earnings at present value or equivalent of 17% of global GDP.
The Learning Crisis
825 million young people will not have the basic literacy, numeracy, and digital skills to compete for the jobs of 2030. There is a serious risk that this youth ‘bulge’ will drive instability and constrain economic growth.
An additional 9 million trained teachers are needed in sub-Saharan Africa by 2030.
������������������������������������� devastating consequences for children. While EACI does not currently operate �������������������������������������������� and projects in the region.
accessibility, retention and overall quality of education.
In light of these pressing global events, we are monitoring developments closely, recognising that much can evolve in 2024 – not least because of elections in the UK, USA and elsewhere. These global events have also reverberated within the fundraising landscape, bringing heightened competition for limited funding within the UK. Many donors are directing their focus towards existing partnerships, while the UK also grapples with the challenges posed by a cost-of-living crisis. Moreover, reductions in Foreign, Commonwealth & Development ���������������������������������������� stock markets have added to the prevailing pressures.
�������������������������������������� Ukraine and various other countries ��������������������������������������� on education, both locally and in the neighbouring countries.
The enduring repercussions of the Covid-19 pandemic continues to have widespread impact on learning and achievement, �������������������������������
Meanwhile, the impact of climate change, ��������������������������������������� ������������������������������������������ funding availability. A global hunger crisis has arisen as a result of these converging forces, with a negative impact on the
In response to these complex dynamics, we have formulated new fundraising plans for 2024, adapting to the evolving landscape.
10| Annual Report 2023
our IMPact
�������������������������������������������������������������������������������������������� people. Education is the single most vital element in combating poverty, improving health, generating economic growth and empowering women.
��������������������������������������������������������������������������������
| Project | Commitments made during 2023 (with an impact across ��������������������� |
Commitments made during 2023 (with an impact across ��������������������� |
|---|---|---|
| £ | # of children/young people | |
| Support for Children at risk of droppingout ofprimaryed. |
244,653 | 2452 |
| Enrol Out of School Children: Breakingthe Cycle of Poverty |
39,000 | 391 |
| Climate Changemakers | 35,000 | 820 |
As well as providing access to quality education, all projects:
Thank You
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Strive for gender equality.
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Improve education systems with community engagement and teacher training.
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Are designed with sustainability in mind, working with local stakeholders.
��������������������������������������������
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Access and quality of education are complex problems which need strategic, large-scale collaboration between philanthropists, Government, educators and community organisations.
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National challenges need national solutions: EAA is able to leverage further funding and connections, including at the highest Ministerial levels in project countries.
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�������������������������������������������������������������������������������������������� scale than supporting a small-scale intervention.
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Together, we bring international standards of project design, monitoring & evaluation and accountability, without expensive infrastructure.
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9| Annual Report 2022 James Shaw-Hamilton c/o Bates Wells, www.eaci.org.uk
��������������������� 10 Queen Street Place, info@eaci.org.uk
London EC4R 1BE, UK Charity number: 1160869
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13| Annual Report 2023
Our work would not be possible without the generous support of our partners and donors. ����������������������������������������������� education and life opportunities.
Our fundraising ensures that access to quality education is provided where it is most needed. We want to work with individuals, corporations, trusts and governmental bodies in the UK and continental Europe who share our drive to provide children with access to quality education. In line with our fundraising principles, we do not accept funding from sources which might have been made to the detriment of children.
When asked what education means to them, they smiled and said...
it means we have the power to fulfil our dreams!” ��������������������������
Plans for 2024
Our plans are designed to have the greatest impact for children and young people. Our commitment to supporting education for the most marginalised children and young people will be channelled through a diverse range of initiatives, including:
• Facilitating access to quality primary education for out of school children in low income and lower-middle income countries. We will achieve this by funding projects which are able to impact on educational outcomes and by actively raising awareness and fundraising. We will also be exploring innovative solutions, such as incorporating digital technology, to keep children learning.
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Championing youth development projects tailored to empower marginalised young people. ������������������������������������������
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Advocating for the safeguarding of education from attack and raising awareness.
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Continuing to be responsive and accountable, with strong policies and adherence to standards like the Fundraising Regulations. For grant-making, we carry out thorough due diligence on the implementing partners; grants are governed by detailed agreements.
Our new revised fundraising strategy, as we navigate a dynamic global landscape, is focused on cultivating sustainable revenue streams while capitalizing on our unique positioning.
- We aim to nurture strong relationships with corporate partners who share our vision for global education through targeted outreach and engagement.
• We plan to increase our digital footprint and reach potential donors and partners in the UK ��������������������������������������������������������������������������������������������� learners worldwide.
• We will explore opportunities for co-funding with trusts and foundations that are aligned with our mission. Our focus will be on presenting innovative and impactful educational ����������������������������������������
• Recognizing the importance of community engagement, events will underscore our commitment to education. These events will serve not only as fundraising opportunities but also as platforms to share knowledge and best practices, fostering a collaborative approach to global educational challenges.
We remain dedicated to operating independently and sustainably, with a clear focus on our vision and objectives. We look forward to forging new partnerships that will enable us to continue our vital work in education across the globe. The Trustees and Executive �������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� �����������������������������������������������������������������
FINANCE & GOVERNANCE
Financial Summary
The Charity received donations, grants and other income worth £471,475 (£233,520 in ��������������������������������������������������������������������������������������������� of £587,134 (£308,729 in 2022) with £329,516 (£29,932 in 2022) booked under creditors (amounts falling due within one year).
In accordance with SORP 2019, costs have been allocated direct to relevant activities. In summary, £318,653 (£104,800 in 2022) was allocated to direct project expenses, £3,179 (£3,019 in 2022) towards audit and report submission and £164,870 (£168,439 in 2022) for charitable activities.
Administrative Details
Charity Number 1160869 �������������������������������������������������������� 1st Floor, 10 Queen Street Place London EC4R 1AG Trustees Mr Fahad Al Sulaiti (Chairman) Mr Augustus Della-Porta Dr George Martin Stephen ������������������ ������������������������������������������� Elizabeth Kemp (Fundraising Consultant) Max Wahid (Finance & Administration Consultant) Solicitors Bates Wells 10 Queen Street Place London EC4R 1AG Independent Examiners Price Bailey LLP 24 Old Bond Street, Mayfair, London W1S 4AP
The Board of Trustees present their report and accounts for the year ended December 2023.
15| Annual Report 2023
The accounts have been prepared in accordance with the accounting policies set out in note ������������������������������������������������������������������������������������������� requirements of the Statement of Recommended Practice “SORP 2019”, “Accounting and Reporting by Charities” issued in 2019 and the Charities Act 2011.
Structure
Educate A Child - International (the “Charity”) was registered as a Charitable Incorporated Organisation (CIO) on 12 March 2015 and is governed by its constitution and Charity Commission regulations.
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��������������������������������������������������������������������������
We supported projects which improve the education and lives of 3,663 marginalized children, and raised awareness of the barriers they face in accessing quality education. Through this, ��������������������������������������������������������������������������������������������� read is:
���������������������������������������������
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100% more likely to attend school themselves
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50% more likely to be immunised against common diseases.
��������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������ at MB3 Building, Education City, New Al Rayyan Street, PO Box 34173, Doha, Qatar (“EAA”).
Objects
��������������������������������������������������������������������������������������������
����������������������������������������������������������������������������������������������� University for forced migrants. This increases their skills and employment prospects.
We work regardless of race, religion or nationality.
The objects of the Charity are to further any purpose which is exclusively charitable under the law of England and Wales including the advancement of education and the relief of poverty.
Website
The Charity launched its new website in December 2022.
Policies and Procedures
The Charity has in place robust policies. In line with good practice, it reviews its risk management policy, safeguarding policy and grant agreements at least annually.
As part of this, the Trustees have also adopted an Anti-Terrorism policy statement as follows: Educate A Child - International renounces all forms of terrorism and will never knowingly support, tolerate or encourage terrorism or the activities of those who embrace terrorism. ��������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������� of terrorism. The Charity has strong policies and processes to ensure that none of its nor its donor funds are used, directly or indirectly, to provide support to individuals or entities associated with terrorism.
We are a principled and responsible fundraising organisation. We comply with the Fundraising �������������������������������������������������������������������������������������
������������������������������������������������������������������������������������������ ��������������������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� Charity Commission in determining the activities undertaken by the Charity. Both principles of ������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� �������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� ability to pay for it, and no fees are charged for educational activities.
We try to limit our impact on the environment as much as possible. We use online meetings where possible, and have reduced travel to essential trips and take trains where possible. We ����������������������������������������������
16| Annual Report 2023
Equal Opportunities
We recognise that equal opportunities should be an integral part of good practice within the work place. The Charity aims to establish equal opportunity in all areas of its activities including creating a working environment in which the needs and contribution of all people are fully valued.
Safeguarding
������������������������������������������������������������������������������������������� associated personnel. We do not work directly with children or vulnerable adults, yet we are ���������������������������������������������������������������������������������������� take steps to ensure that those who come into contact with us or any programmes that are funded, promoted or associated with us do not, as a result, come to any harm.
Governance and Internal Control
The systems of internal control are designed to provide reasonable assurance against material mis-statement or loss. They include:
• The Trustees are responsible for the strategic direction of the Charity and, subject to any prudent delegation to advisers and agents, make all substantive decisions in relation to the Charity. The Trustees are not remunerated;
�������������������������������������������������������������������������������������� indicators;
- Prudent delegation of authority and segregation of duties;
����������������������������������������
Trustees have taken due consideration of Good Governance - A Code for the Voluntary and Community Sector, ensuring the principles of the Code are adhered to. The Board is strong �������������������������������������������������������������������������������������������� decisions about the Charity are made during the Trustees meetings, or by email then noted at the next Board meeting. EACI authorises expenditures based upon the budget and Grant �������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������� appropriately.
Risk Management
The Trustees have developed a risk management policy to identify, assess and manage risks. They have reviewed the external environment and internal context. The major risks to ������������������������������������������������������������������������������������������ impact. Appropriate systems and procedures are in place to manage these risks and provide reasonable assurance against occurrence.
The crises in Gaza, Ukraine and Sudan and the global Covid-19 pandemic, continue to evolve ��������������������������������������������������������������������������������������������� we have included comments against each risk, rather than treating these global issues as stand-alone risks.
The main risks are (in summary):
| Risk | Mitigations | Impact of global events |
|---|---|---|
| Funding & economic instability |
We have good plans for diverse and growing fundraising, and robust systems. EACI does not have ��������������������������� ������������������ |
In all countries, mid- to long-term economic damage ����������������� sources. Some funders have prioritised existing partners. ���������������������� charged and there are strong political opinions on all sides. |
| Financial sustainability | ||
| Damaging behaviour including fraud/misuse of funds and safeguarding in the Charity or a partner |
We have robust policies meeting Charity Commission guidance including: Anti- terrorism, Finance, Grant making, Safeguarding. We have a robust Grant-making process. |
The impact of Covid-19 is reducing. |
| Cybercrime | ��������������������� �������������������� and the website. We also use commercial anti-virus ����������������������� |
N/a |
16| Annual Report 2023
Reserves Policy
The Trustees wish to strike the right balance between rapidly spending income and maintaining the appropriate level of resources necessary to ensure uninterrupted operations.
���������������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������� current charitable activities to meet the following requirements:
�������������������������������������������������������������������������������������������� other income.
����������������������������������������������������������������������
Trustees Responsibilities
�������������������������������������������������������������������������������������������� in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
��������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������������ Charity and of the incoming resources and application of resources of the Charity for that ������������������������������������������������������������������������������
-
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles in the Charities SORP (2019);
The Trustees are of the view that reserves should not be set too high, tying up funds which could and should be spent on charitable activities. The charity, therefore, aims to hold ������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������� should a source of income cease.
To identify unrestricted reserves, the charity must:
������������������������������������������������������������������������������������������ reserves
-
Split out any reserves that are restricted
-
Within the remaining reserves, identify designated amounts (planned for particular purposes or required to mitigate risks or contingencies)
-
Make judgments and estimates that are reasonable and prudent;
-
State whether applicable accounting standards have been followed, subject to any material ��������������������������������������������������������������
������������������������������������������������������������������������������������������� presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with ������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������� (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- This produces the “unrestricted reserves”.
Approved by the trustees on and signed on their behalf by9 J u l y 2 0 2 3
Review and current level:
The Trustees review this Reserves policy annually to ensure that the appropriate levels �������������������������������������������������������������������������������������� maintained a reserve level of at least £40,000 as agreed by the Trustees.
������������������������������������������������������������������������������������������������ and restricted funds, amounting to three months expenditure (average), currently £40,000, at �����������������������������������������
Augustus Della-Porta Augustus Della-Porta (Aug 6, 2024, 8:40am)
Signature:
Name: Mr. Augustus Della-Porta
19| Annual Report 2023
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023, which are set out on pages 21 to 33. 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 charity’s accounts carried out under section 145 of the 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
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
Name of principal: Name of firm: Relevant professional qualification or body: Address: Date: 14 August 2024
Michael Cooper-Davis Price Bailey LLP FCCA ACA
24 Old Bond Street, Mayfair, London W1S 4AP
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EDUCATE A CHILD - INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Notes INCOME Grants and donations 2 Investments Total income EXPENDITURE Charitable activities 3 Total expenditure Transfer between funds Net movement in funds Funds at 31 December 2022 Funds at 31 December 2023 |
Unrestricted Funds £ 211,818 4 211,822 (237,049) (237,049) - (25,227) 279,042 253,815 |
Restricted Funds £ 259,653 - 259,653 (249,653) (249,653) - 10,000 - 10,000 |
Total for the year ended 31 December 2023 £ 471,471 4 471,475 (486,702) (486,702) - (15,227) 279,042 263,815 |
Total for the period to 31 December 2022 £ 233,499 21 |
|---|---|---|---|---|
| 233,520 (276,258) |
||||
| (276,258) - |
||||
| (42,738) | ||||
| 321,780 | ||||
| 279,042 |
The accompanying notes on pages 23 to 33 form an integral part of these financial statements. The statement of financial activities includes all gains and losses recognised in the year.
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EDUCATE A CHILD - INTERNATIONAL BALANCE SHEET AS AT 31 DECEMBER 2023
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Cash at bank and in hand CREDITORS:amounts falling due within one year 8 NET CURRENT ASSETS NET ASSETS FUNDS Unrestricted funds: General Designated Restricted fund TOTAL FUNDS 12,13 |
For the year ended 31 December 2023 £ £ - 6,197 587,134 593,331 (329,516) 263,815 263,815 218,815 35,000 10,000 263,815 |
For the year ended 31 December 2023 £ £ - 6,197 587,134 593,331 (329,516) 263,815 263,815 218,815 35,000 10,000 263,815 |
For the period to 31 December 2022 £ £ 245 - 308,729 308,729 (29,932) 278,797 279,042 175,042 104,000 - 279,042 |
For the period to 31 December 2022 £ £ 245 - 308,729 308,729 (29,932) 278,797 279,042 175,042 104,000 - 279,042 |
|---|---|---|---|---|
| 593,331 (329,516) |
308,729 (29,932) |
|||
| 263,815 | 279,042 | |||
| 218,815 35,000 10,000 |
175,042 104,000 - |
|||
| 263,815 | 279,042 |
These accounts were approved by the Board of Trustees and authorised for issue on and signed on their behalf by:
Augustus Della-Porta
Augustus Della-Porta (Aug 6, 2024, Mr. Augustus Della-Porta 8:40am)
06 Aug 2024 Dated:
The accompanying notes on pages 23 to 33 form an integral part of these financial statements.
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared under the historical cost convention, and in accordance with the Companies Act 2006, the Charities Act 2011, and the Statement of Recommended Practice – Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accountings in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effect from 1 April 2005 which has since been withdrawn.
The charity has taken advantage of the exemption in Charities SORP FRS102 from the requirement to produce a cash flow statement on the grounds that it is a small charity.
The charity meets the definition of a public benefit entity as defined by FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
b) Going concern
The Trustees consider that there are no material uncertainties regarding the Charity’s ability to continue as a going concern.
c) Critical accounting judgements and estimates
No significant judgements, accounting policies or assumptions have been made by management in applying the Charity’s accounting policies.
d) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
e) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
f) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
g) Foreign currency translation
All income resources and expenditure accounted for in the year have been converted at the rate applicable at that time.
h) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.
Designated funds are available for use at the discretion of the Trustees in furtherance of the general objective of the charitable company.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable company for particular purposes.
i) Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation has been provided on all tangible fixed assets at the following rates on the net book value of assets at the beginning of the financial year.
Computer equipment 33% straight line
j) Leasing
Rentals payable under operating leases are charged on a straight-line basis over the year of the lease.
k) Income
Income is accounted for as unrestricted unless restrictions exist under the terms on which they are received or solicited. Voluntary income and donations are accounted for on an accruals basis. All income in the Statement of Financial Activities is shown gross of the associated costs and is accounted for where there is entitlement to the income, it is probable that the benefits associated with it will flow to the charity and it can be reliably measured.
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Gifts in Kind: On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. A corresponding amount is then recognised in expenditure in the period of receipt.
Donations, including donations from individuals, corporate donations, and donations from trusts and foundations are recognised when the charity is entitled to the income, subject to any conditions attached to the donation.
There were no unfulfilled conditions or contingencies in respect of any of the above donations. There was no other government assistance during this or the preceding period.
l) Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of resources. All support costs are allocated between cost of generating funds and resources expended on charitable activities on basis of time spent.
m) Grants Payable
Grants are issued in accordance with the requirements and objectives laid out in the funding agreement. A grant is recognised as a liability when the criteria for a constructive obligation is met, payment is probable, it can be measured reliably, and there are no conditions attaching to its payment that limit its recognition.
n) Financial Instruments
The charity only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Fixed assets are recorded at depreciated historical cost. All other assets and liabilities are recorded at cost which is their fair value.
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
2. GRANTS & DONATIONS
| Donations received Donations from Trusts and Foundations Donations from the public Corporate donations Gift Aid EAA Total Donations received Donations from Trusts and Foundations Donations from the public EAA Total EXPENDITURE Charitable activities Grants provided (to institutions) Support costs Total |
Unrestricted funds £ - - - - 211,818 211,818 Unrestricted funds £ 750 498 231,251 232,499 Unrestricted funds £ 69,000 168,049 237,049 |
Restricted funds £ 15,250 61,410 175,761 7,232 - 259,653 Restricted funds £ 1,000 - - 1,000 Restricted funds £ 249,653 - 249,553 |
Total for the year ended 31 December 2023 £ 15,250 61,410 175,761 7,232 211,818 471,471 Total for the period to 31 December 2022 £ 1,750 498 231,251 233,499 Total for the year ended 31 December 2023 £ 318,653 168,049 486,702 |
|---|---|---|---|
3. EXPENDITURE
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
3. EXPENDITURE (continued)
| EXPENDITURE (continued) | |||
|---|---|---|---|
| Charitable activities Grants provided (to institutions) Support costs Total |
Unrestricted funds £ 100,000 170,258 270,258 |
Restricted funds £ 4,800 1,200 6,000 |
Total for the period to 31 December 2022 £ 104,800 171,458 |
| 276,258 |
Included in the above expenditure are support costs as follows:
| Salaries HMRC Taxes and NI Pension costs Staff training Payroll processing fee Insurance Governance costs (see below) Local travel Overseas travel Trustees travel Bank charges Postage, stationary and office supplies Meeting expenses Professional fees for Fundraising Telephones, email and fax Financial Management & Administration Website design and hosting Fundraising initiatives Office rentals Memberships Depreciation Total |
Unrestricted funds £ 53,212 28,609 5,966 60 797 1,293 5,087 760 3,177 105 110 463 63 27,402 10 31,050 1,804 2,560 4,695 581 245 168,049 |
Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - |
Total for the year ended 31 December 2023 £ 53,212 28,609 5,966 60 797 1,293 5,087 760 3,177 105 110 463 63 27,402 10 31,050 1,804 2,560 4,695 581 245 |
|---|---|---|---|
| 168,049 |
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE FOR THE YEAR ENDED 31 DECEMBER 2023
3. EXPENDITURE (continued)
Governance costs include the following:
| Unrestricted funds £ Accountancy and independent examiners’ fees 3,179 Legal and professional fees 1,908 Total 5,087 Unrestricted funds £ Salaries 50,000 HMRC Taxes and NI Pension costs 29,685 5,966 Payroll processing fee Insurance 857 1,093 Governance costs (see below) Local travel Overseas travel 4,043 1,006 2,097 Bank charges 120 Postage, stationary and office supplies 720 Meeting expenses Professional fees for Fundraising 171 15,528 Telephones, email and fax 15 Financial Management & Administration 30,850 HR Recruitment Consultancy Firm 604 Website design and hosting 15,102 Official launching of EACI 6,813 Sundry expenses 25 Office rentals Memberships Depreciation 4,410 880 273 Total 170,258 |
Unrestricted funds £ Accountancy and independent examiners’ fees 3,179 Legal and professional fees 1,908 Total 5,087 Unrestricted funds £ Salaries 50,000 HMRC Taxes and NI Pension costs 29,685 5,966 Payroll processing fee Insurance 857 1,093 Governance costs (see below) Local travel Overseas travel 4,043 1,006 2,097 Bank charges 120 Postage, stationary and office supplies 720 Meeting expenses Professional fees for Fundraising 171 15,528 Telephones, email and fax 15 Financial Management & Administration 30,850 HR Recruitment Consultancy Firm 604 Website design and hosting 15,102 Official launching of EACI 6,813 Sundry expenses 25 Office rentals Memberships Depreciation 4,410 880 273 Total 170,258 |
Restricted funds £ - - - Restricted funds £ 1,000 - - - - - - - - - - - - 200 - - - - - - - 1,200 |
Total for the year ended 31 December 2023 £ 3,179 1,908 |
|---|---|---|---|
| - | 5,087 | ||
| Total for the year ended 31 December 2022 £ 51,000 29,685 5,966 857 1,093 4,043 1,006 2,097 120 720 171 15,528 15 31,050 604 15,102 6,813 25 4,410 880 273 |
|||
| 170,258 | 171,458 |
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
| 3. EXPENDITURE (continued) Unrestricted funds £ Accountancy and independent examiners’ fees 3,019 Legal and professional fees 1,024 Total 4,043 4. NET INCOME/ (EXPENDITURE) This is stated after charging: For the year ended 31 December 2023 £ Depreciation of tangible fixed assets: - owned by the charity 245 Operating lease rentals 2,033 5. STAFF COSTS For the year ended 31 December 2023 £ Wages and salaries 53,212 Social Security costs 28,609 Pension costs 5,966 87,787 |
3. EXPENDITURE (continued) Unrestricted funds £ Accountancy and independent examiners’ fees 3,019 Legal and professional fees 1,024 Total 4,043 4. NET INCOME/ (EXPENDITURE) This is stated after charging: For the year ended 31 December 2023 £ Depreciation of tangible fixed assets: - owned by the charity 245 Operating lease rentals 2,033 5. STAFF COSTS For the year ended 31 December 2023 £ Wages and salaries 53,212 Social Security costs 28,609 Pension costs 5,966 87,787 |
Restricted funds £ - - - |
Total for the year ended 31 December 2022 £ 3,019 1,024 4,043 For the year ended 31 December 2022 £ 273 - For the year ended 31 December 2022 £ 51,000 29,685 5,966 86,651 |
Total for the year ended 31 December 2022 £ 3,019 1,024 |
|---|---|---|---|---|
| 4,043 | ||||
| 87,787 |
The average number of employees during the period was 1 (2022:1).
There is one (2022: one) employee with emoluments within the salary band £70,000 - £80,000.
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
6. TANGIBLE FIXED ASSETS
| . TANGIBLE FIXED ASSETS |
||
|---|---|---|
| Cost At 1 January 2023 Additions At 31 December 2023 Depreciation At 1 January 2023 Charge for year At 31 December 2023 Net book value At 31 December 2023 At 31 December 2022 |
Computer Equipment Total £ £ 817 - 817 - 817 817 572 572 245 245 817 817 - - 245 245 |
|
| 817 572 245 |
||
| 817 | ||
| - | ||
| 245 |
7. DEBTORS
| Trade debtors Prepayments Total debtors . CREDITORS Committed grants Trade creditors Accruals Other creditors Total creditors |
For the year ended 31 December 2023 £ 5,152 1,045 6,197 For the year ended 31 December 2023 £ 318,653 4,985 2,580 3,298 329,516 |
For the year ended 31 December 2022 £ - - - For the year ended 31 December 2022 £ 4,800 19,415 2,419 3,298 |
|
|---|---|---|---|
| 29,932 |
8. CREDITORS
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
9. RELATED PARTIES
Mr Augustus Della Porta is a solicitor at Bates Wells Braithwaite London LLP (BWB), which has provided paid legal services of £1,908 (2022: £1,024) to the Charity during the year.
BWB and the Charity both have formal procedures in place to manage any potential conflict of interest.
In the year EAA, which is the sole member of the charity, provided £211,818 (2022: £231,251) of unrestricted income. There were no amounts outstanding at the year end (2022: £nil).
There were no other related party transactions in the year (2022: none).
10. TRUSTEES REMUNERATION AND EXPENSES
The Trustees received £nil in remuneration during the period (2022: £nil). In the year 1 trustee was reimbursed £105 (2022: £0) for travel expenditure.
11. OPERATING LEASE COMMITMENTS
At 31 December, the charity had the following total commitments under operating leases:
| Due within one year 12a. RESERVES As at 1 January 2023 Unrestricted funds 175,042 Restricted Funds - Designated Funds 104,000 Total funds 279,042 |
Income 211,822 259,653 - 471,475 |
2023 - Expenditure (168,049) (249,653) (69,000) (486,702) |
2023 - |
2022 2,033 Transfers between funds As at 31 December 2023 - 218,815 - 10,000 - 35,000 - 263,815 |
2022 2,033 Transfers between funds As at 31 December 2023 - 218,815 - 10,000 - 35,000 - 263,815 |
|---|---|---|---|---|---|
| 263,815 |
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Under restricted funds expenditures are included £5,000 from Chalk Cliff Trust to enrol out of school children and breaking the cycle of poverty in 7 countries, and £61,410 public fundraising, £7,231 Gift aid, £250 from the John Mactaggart Trust, £15,000 form AKA Group Limited, £10,000 from Markel Insurance, £150,261 from the Goodwood Magnolia Cup & Gala Evening August 2023 and £500 in other fundraising during the Magnolia cup to support children at-risk of dropping out of primary education in Malawi.
The £10,000 carried forward is from Openwork Foundation for mobilising the power of grassroots youth as advocates, peacebuilders, and active citizens in conflict affected communities of Uganda and South Sudan.
Under designated funds expenditure is included: £35,000 for Engaging Youth as Global citizens in Vietnam; £34,000 to enrol out of school children and breaking the cycle of poverty in 7 countries.
The £35,000 carried forward under designated funds is for mobilising the power of grassroots youth as advocates, peacebuilders, and active citizens in conflict affected communities of Uganda and South Sudan.
12b. RESERVES COMPARATIVE (continued)
| Unrestricted funds Restricted Funds Designated Funds Total funds |
As at 1 January 2022 112,780 5,000 204,000 321,780 |
Income 232,520 1,000 - 233,520 |
Expenditure (170,258) (6,000) (100,000) (276,258) |
Transfers between funds - - - - |
As at 31 December 2022 175,042 - 104,000 |
|---|---|---|---|---|---|
| 279,042 |
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EDUCATE A CHILD - INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
13a. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Non-current assets Current assets Current liabilities Total funds |
Unrestricted funds £ - 583,331 (329,516) 253,815 |
Restricted funds £ - 10,000 - 10,000 |
Total for the year ended 31 December 2023 £ - 593,331 (329,516) 263,815 |
Total for the period to 31 December 2022 £ 245 308,729 (29,932) |
|---|---|---|---|---|
| 279,042 |
13b. ANALYSIS OF NET ASSETS BETWEEN FUNDS COMPARATIVE (continued)
| Non-current assets Current assets Current liabilities Total funds |
Unrestricted funds £ 245 308,729 (29,932) 279,042 |
Restricted funds £ - - - - |
Total for the year ended 31 December 2022 £ 245 308,729 (29,932) 279,042 |
Total for the period to 31 December 2021 £ 518 641,645 (320,383) |
|---|---|---|---|---|
| 321,780 |
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I say, Give me 10 reasons why educating the world’s out of school children can wait, and I’ll give you 10 million reasons why it cannot.”
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