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2023-03-25-accounts

Siiboo

Accounts & Chair's Report

March 2022 – March 2023

Charity Name No (if any) Siiboo 1161802 Receipts and payments accounts CC16a For the period Period start date Period end date To from 25[th] March 2022 25[th] March 2023

Section A Receipts and payments

Section A Receipts and payments Section A Receipts and payments
to the nearest £
A1 Receipts
Unrestricted
funds
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
SponsorshipProgram -
512
1,277
-
-
-
-
2,132
-
-
-
-
-
-
-
- 2,132 1,996
Donations - 512 1,039
Fund Raising - 1,277 4,884
Gift Aid - - -
SupFest Deposits - - 1,026
- - -
- - -
- - -
Sub total(Gross income for AR) 1,789
2,132 - 3,921 8,945
A2 Asset and investment sales,
(see table).
-
-
-
-
- -
- - -
Sub total
-
- - - -
Total receipts
1,789
A3 Payments

1,789
2,132 - 3,921 8,945

Wages
-
450
800
-
-
-
-
-
-
1,548
-
-
287
-
-
-
-
-
- 1,548 1,548
Shipping - 450 418
Building - 800 2,095
FeedingProgram - 287 287
SupFest Refunds - - 1,026
- - -
- - -
- - -
- - -
Sub total
1,250
1,835 - 3,085 5,374
A4 Asset and investment
purchases, (see table)
-
-
-
-
- -
- -
Sub total
-
- - - -
Total payments
1,250
Net of receipts/(payments)
539
A5 Transfers between funds
-
A6 Cash funds last year end
-
Cash funds this year end
539

1,250
1,835 - 3,085 5,374
539 297 - 836 3,571
-
-
-
-
- - -
- - -

539
297 - 836 3,571

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

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on behalf
of all the trustees
Details to nearest £
Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Endowment
funds
Bank Account 792 - -
- - -
- - -
Details
Total cash funds
(agree balances w ith receipts and payments
account(s))
792 - -
Agreement Error Agreement Error OK
to nearest £
Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Endowment
funds
N/A - - -
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
N/A - -
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
N/A - -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
N/A -
Signature
Date of
approval

Dear esteemed members,

As we reflect on the challenges and triumphs of the past year, it is evident that we have weathered a formidable storm. The global pandemic cast a long shadow over our endeavours, profoundly affecting our ability to welcome visitors, secure funding, and attract sponsors. Despite these adversities, our unwavering commitment to education remained steadfast.

I extend my heartfelt gratitude to the dedicated team in The Gambia, whose resilience and determination amidst adversity have been nothing short of commendable. Their tireless efforts ensured that despite the constraints imposed by the pandemic, the core mission of providing education persevered.

Amidst the trials, there are also reasons for celebration. Our feeding program has flourished, now providing nourishment to our students twice a week. The prospect of expanding this initiative to thrice weekly is promising, albeit contingent upon the fluctuating costs of essential ingredients, which have surged due to supply chain disruptions.

Looking ahead, our focus remains on meeting the pressing needs of our students. The resumption of shipping operations in the upcoming year is imperative, as many of our children urgently require footwear, and a considerable portion of their uniforms are in need of replacement.

While we anticipate a more favourable climate for sponsorship and fundraising in the coming year, it is paramount that we proceed with caution. We must ensure that our primary objective of providing free education is not compromised, even if it means deferring non-essential improvements to the school's infrastructure until the following fiscal year.

I extend my deepest appreciation to the entire team for their unwavering dedication to our core belief: that every child deserves the transformative power of education. As we embark on the journey ahead, I am honoured to lead such a passionate and committed group, and I am confident that together, we will continue to make a meaningful difference in the lives of those we serve.

Yours sincerely,

Sharon Fox Chairperson of the Board