Trustees’ Annual Report for the period
From 1.2.22 to 31.1.23
Charity name: Think Pacific Foundation
Charity registration number: 1162190
Objectives and Activities
| SORP reference |
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|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Think Pacific Foundation strives to support communities and children in need in Fiji. Our purpose is the prevention or relief of poverty in the Fiji Islands by providing or assisting in the provision of educational support and development, extra-curricular advancement, sports development, training opportunities, improved infrastructure, improved access to health care and all necessary support to enableindividuals to lead healthy lives. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
This periodsaw a pause in activity of the Foundation, due to still recovering from the global COVID pandemic. Despite reduced fundraising activities, The foundation was pleased and grateful to receive donations of £4487 from kind donors, mostly received through acts of goodwill to our Just Giving page and regular supporters. In a purposeful strategy to maintain the reserves policy and increase income for the future growth and impact of the charity, the Trustees decided not to grant income in this period and instead focus on building funds and reserves to enable greater long term support to the communities we serve. The Trustees believe that this is a conservative and responsible course of action as we look to expand an increase the capacity of our charity and the Trustees are very confident of the future |
Para 1.18
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The Trustees meet quarterly to discuss, review and approve projects and grant applications. Funds are only be approved for projects, which are considered to directly benefit Fijian communities or schools and which fall into the charities core objects. Projects, which predominantly support rural communities in Fiji, where the evidence of need is greatest, are prioritised. No grants were issued during this period. |
| Para 1.38 | ||
| Contribution made by volunteers |
Para 1.38 | No contribution was made by volunteers from the Think Pacific Foundation during the year. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | No grants were provided byThink Pacific Foundation during the year. However, the charity was pleased to review projects and see the ongoing positive impact that is being maintained through previous initiatives and donations. These included. Improving local infrastructure Think Pacific building projects aim to provide vital infrastructure and development for rural communities in the Fiji islands. These aims are guided under our Memorandum of Understanding with the Ministry of Health and Medical Services in Fiji and the Ministry of iTaukei Affairs. Think Pacific has assisted in the development for 191 village communities across 9 Provinces in Fiji. This has included the establishment of health clinics, which are now sustainably serving over 5000 people in rural communities. |
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Youth & Personal Development
Youth Empowerment Projects aim to stimulate discussions on important topics at a grassroots level and ignite action towards positive activities. The initiative comes with the overriding purpose of encouraging attributes and awareness amongst young people in rural areas, the leaders of tomorrow, where future change is made real in the next generation. Across the year these projects were reviewed and overall impact assesed.
These initiatives funded by the charity have achieved the following: 1) 167 Sessions Delivered in Rural Communities in total
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2) 97% of participants said their confidence grew through the initiatives
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3) 19% Average Increase In SelfAssessed Communication Skills
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4) 32% Average Increase in mental health awareness
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5) 177 local people trained in first aid 6) 94 youth trained in mental first aid.
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7) 29% average increase in youth playing structured sports
Educational Programme
Think Pacific has collaborated with Fijian NGO 'Child Benefit Fiji' and 'Mobile Kindy' in the design and delivery of a project to support education of early years and primary school aged children suffering hardship. This programmes is continuing to provide early education and parental support to over 200+ children anually.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | The Trustees are satisfied that achievements made met our objectives to relieve poverty and hardship in Fiji. Although no direct activities were undertaken the review from previous initiatives was heartening and demonstrates the long term impact. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The Trustees are satisfied with the aims and long term impact of the charity insupportingFijian communitiesand furthering the UN Sustainable Development Goals. Trustees are, however, disappointed that income from fundraising was lower than expected. Considering the huge challenges faced due to the global pandemic and the negative impact this had upon normal fundraising plans and reduction in charity donations globally, this is understandable. The charitydecided to take a responsible approach and focus upon monitoring and evaluation, which is crucial to long term sustainable impact. The Trustees are confident of future strategies to increase donations and continue the great work on the ground in Fiji. |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | The trusteesare satisfied with the investment against objectives, considering such a difficult obstacles due to COVID. Trustees are confident of achieving greater financial performance ahead. |
| Other | ||
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity has a cash balance at the year end of £4177, a great increase from last year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | In a challenging year of income due to COVID-19, Think Pacific was able to maintain a positive balance sheet, whilst ensuring substantial charitable impact. With the charity having very limited outgoings, the end of year balance equates to12month reserve. |
| Amount of reserves held | Para 1.22 | £4177 |
| Reasons for holding zero reserves |
Para 1.22 | Reserves held |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Trustees have every confidence in the charity continuingto function and grow in the year ahead. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The principle sources of funds came from fundraising events organised by a growing community of donors, sharing a passion for supporting Fijian communities. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Think Pacific chooses to carefully allocate funds once received through grants to Fijian charities, maintaining a reserve policy within our charity account. |
| A description of the principal risks facing the charity |
Para 1.46 | Continued challenge ofeconomic uncertaintyposes the greatest risk to the charities ability to both raise funds and achieve objects. However, the trustees have every confidence in navigatingthis. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Foundation Model Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures | |
|---|---|
| adopted for the induction | Para 1.51 |
| and training of trustees | |
| The charity’s organisational | |
| structure and any wider | Para 1.51 |
| network with which the | |
| charity works | |
| Relationship with any related | Para 1.51 |
| parties | |
| Other |
Reference and Administrative details
| Charityname | Think PacificFoundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1162190 |
| Charity’s principal address | 15 Queen Square Leeds LS2 8AJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Simon Darker | Chair | |||
| James Hunter | ||||
| Thomas Whitehead | ||||
| Nigel Scott | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Simon Edward Darker Position (eg Secretary, Chair Chair, etc) Date 29/11/2023
Receipts and Payments Accounts
Charity name Think Pacific Foundation Charity number (if any) 1 1 6 2 1 9 0 For the period from (start date) 0 1 0 2 2 2 to (end date) 3 1 0 1 2 3
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Section A Receipts and payments
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| Section A Receipts and payments |
Section A Receipts and payments |
Section A Receipts and payments |
Section A Receipts and payments |
Section A Receipts and payments |
Section A Receipts and payments |
Section A Receipts and payments |
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ 8296 8296 216 145 20,000 34066 34066 2536 204 12365 1100 36 14 0 |
|
| 4487 | 4487 | 8296 | ||||
| 4487 | 4487 | |||||
| Sub total A2 Asset and investment sales, etc Total receipts A3 Payments |
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| 4487 | 4487 | 8296 | ||||
| JUST GIVING FEES | 0/4 | 0/4 | 216 | |||
| BANK FEES | 78 | 78 | 145 | |||
| DONATIONS TO CHARITIES IN FIJI | 0 | 0 | 20,000 | |||
| FOREIGN CURRENCY LOSSES | 0 | 0 | 204 | |||
| MARKETING | 0 | 0 | 12365 | |||
| FUNDRAISING | 0 | 0 | 1100 | |||
| SUBSCRIPTIONS | 41 | 41 | 36 | |||
| TRAVEL NATIONAL | . | . | 14 | |||
| BANK REVALUATION | (24) | (24) | 0 | |||
| 311 | 311 | 34066 | ||||
| Sub total A4 Asset and investment purchases, etc Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 311 | 311 | 34066 | ||||
| 4177 | 4177 | 2536 | ||||
March 2012: new format January 2017
CC16a
Statement of assets and liabilities at the end of the period
Section B
| Details B1 Cash funds Total cash funds (agree balances with receipts and payments account(s)) Details B2 Other monetary assets Details B3 Investment assets Details B4 Assets retained for the charity’s own use Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Signature Bank Balance at31.01.23 Bank Balance at31.01.22 |
Details | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
|---|---|---|---|---|
| Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
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| Bank Balance at31.01.23 | 6385 | |||
| Bank Balance at31.01.22 | 1829 | |||
| Details | Fund to which asset belongs |
Cost (optional) |
Current value (optional) |
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| Details | Fund to which asset belongs |
Cost (optional) |
Current value (optional) |
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| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
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| Signature | Date of approval | |||
| Mr Simon Darker | 29/11/2023 |
March 2012: new format January 2017
CC16a