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2021-03-25-accounts

Chairman's Report & Accounts 2020 - 2021

I am honoured to be the Chairman of Siiboo for another year and I am pleased to be remaining in office for the year ahead. I would like to thank the trustees for their continuing support throughout this past year and also for their dedication and commitment to the charity, its aims and objectives.

I would like to thank our tight knit and very dedicated Gambian team for their continued support. Each one of our Gambian team gives up so much of their own time to ensure our projects remain on course and succeed as well as identifying areas where they think we could help.

Work has continued to develop the new school build and I'm pleased to report that the first two of the three classrooms should be completed very soon with plans in place to raise the revenue needed to build the third.

The bakery build was completed and the process of recruiting a baker and baker's boy is now well under way. For the first time in a very long time there will be a working bakery in the village of Bakindik giving the residents easier access to their daily bread. Moreover, with the profit from the Bakery being used to subsidise teachers wages the first step of making the whole project self sustainable will have been achieved.

Looking ahead to the year ahead every effort will be made to advance the school build project. A third classroom is needed as well as a new toilet block, boundary wall, the instillation of solar power and water supply. With so much still needed the Trustee's have a busy year ahead raising the funds to push the project forward but I am without a doubt that the goals we set for the year ahead will be achieved as they have in the past.

I know I speak for all the Trustee's when I say that we extremely proud of what's been achieved in such a short space and none of this would have been possible without the support we receive from North West Cumbria and specifically the Copeland and Allerdale districts.

1161802

Charity number

For the period from

27/03/20 to 24/03/21

Section A Receipts & Payments

Unrestricted
funds to
the nearest
A1 Receipts
£
Fund raisingevents
4884
Donations
0
Sub total
4884
A2 Assets & investment sales
0
Total receipts
4884
A3 Payments
£
Wages(Gambia)
1032
Shipping
464
Buildingwork(Gambia)
3179
Sub total
4675
A2 Assets & investment sales
0
Total receipts
4675
Unrestricted
funds to
the nearest
A1 Receipts
£
Fund raisingevents
4884
Donations
0
Sub total
4884
A2 Assets & investment sales
0
Total receipts
4884
A3 Payments
£
Wages(Gambia)
1032
Shipping
464
Buildingwork(Gambia)
3179
Sub total
4675
A2 Assets & investment sales
0
Total receipts
4675
Restricted
funds to
the nearest
£
0
1039
0
0
1039
£
0
0
0
0
0
Endowment
funds to
the nearest
£
0
0
0
0
0
£
0
0
0
0
0
Total Funds Last Yea
to the
to the
nearest
nearest
£
£
4884
9118
1039
0
5923
0
0
0
5923
9118
£
£
1032
0
464
0
4675
0
0
0
4675
0
Total Funds Last Yea
to the
to the
nearest
nearest
£
£
4884
9118
1039
0
5923
0
0
0
5923
9118
£
£
1032
0
464
0
4675
0
0
0
4675
0
Wages(Gambia) 1032 0 0 1032 0
Shipping 464 0 0 464 0
Buildingwork(Gambia) 3179
Sub total
A2 Assets & investment sale
Total receipts
4675 0 0 4675 0
s
0
0 0 0 0
4675 0 0 4675 0

Section B Statement of assets and liabilities at the end of the period

B1 Cash Funds
B2 Other monetary assets
B3 Investment Assets
B4 Assets retained for
charities own use
B5 Liabilities
Signed by two trustees on
behalf of all trustees
Details
Bank Account
Total cash funds
Details
N/A
Details
N/A
Details
N/A
Details
N/A
Signature
Unrestricted
Restricted
funds
funds
to the nearest
to the nearest
£
£
1386
0
0
0
0
0
1386
0
Unrestricted
Restricted
funds
funds
to the nearest
to the nearest
£
£
0
0
0
0
Funds to which
Cost
assets belong
(optional)
0
0
Funds to which
Cost
assets belong
(optional)
0
0
Funds to which
Amount due
liabilityrelates
(optional)
0
0
Print name
Endowment
funds
to the nearest
£
0
0
0
0
Endowment
funds
to the nearest
£
0
0
Current value
(optional)
0
Current value
(optional)
0
When due
(optional)
0
Date of
approval