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2022-05-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 01 June 2021 31 May 2022 To

From

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1162810

The Escape Charity

Charity's principal address[21 Holbeck Lane ]

Cheshunt Hertfordshire EN7 6QH

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
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13
14
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19
20		 Trustee name Office (if any) Dates acted if not for
**whole year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Ijeaku Mezue Chair
JennyIrish
MayOduah

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

1

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution adopted in July 2015 Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted

Trustee selection methods Appointed by Trustees at an Annual General Meeting

Additional governance issues (Optional information)

There is a safeguarding and risk management policy in place.

You may choose to include additional information, where relevant, about: All trustees give their time voluntarily and receive no remuneration or other benefits.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The object of the CIO is the prevention and relief of poverty for the public benefit through supporting the education of young people in disadvantaged communities of England and Nigeria.

TAR

March 2012

2

In planning our activities this year, we kept in mind the Charity commissions guidance on public benefit. Subject Tuition We successfully carried out tuition remotely and face-to-face for Summary of the main secondary school students. This is for students who need/request activities undertaken for the public benefit in relation to in preparation for their GCSE examinations. The profit will these objects (include within continue to be used for the Scholarship scheme in Nigeria. this section the statutory declaration that trustees have had regard to the guidance issued by the Charity We have maintained the scholarship scheme to support the Commission on public education of the poor communities in southern Nigeria by benefit) providing the fees required for them to stay in school. Nine students are currently in university, and one student has graduated.

Additional details of objectives and activities (Optional information)

A great contribution our volunteers in Nigeria who supported us with advice and organisation of the Scholarship scheme. You may choose to include further statements, where relevant, about:

Section D Achievements and performance

TAR

March 2012

3

Section D Achievements and erformance p

Summary of the main achievements of the charity during the year Tuition The subject tuition run for English, Maths, History, Geography and Science throughout the academic year and during holidays. We have been able to provide for students who have not been able to attend school.

TAR

March 2012

4

Section E Financial review

Brief statement of the charity’s policy on reserves

All income received is kept in our bank to be used for student scholarships. Our policy is to keep in reserves at the end of each year two-thirds of the total amount committed to school fees in the current year. The amount is decided at the annual general meeting based on the amount committed for school fees in the current year. This is to ensure we fulfil our commitment to the students

Details of any funds materially in deficit

Not Applicable

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Ijeaku Mezue

Position (eg Secretary, Chair, etc)[Chair ]

TAR

March 2012

5

Date 1410412023 TAR Mar¢h 2012

Charity Name No (if any) The Escape Charity 1162810 Receipts and payments accounts CC16a For the period Period start date Period end date To from 1st June 2021 31st May 2022

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
54,876
790
-
-
-
-
-
-
55,665
-
-
-
55,665
30,965
-
596
1,463
1,698
114
34,836
-
-
-
34,836
20,829
-
1,284
22,113		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £		 Total funds
to the nearest £
54,876
790
-
-
-
-
-
-
55,665
-
-
-
55,665
30,965
-
596
1,463
1,698
114
-
-
-
34,836
-
-
-
34,836

20,829		 Total funds
to the nearest £
54,876
790
-
-
-
-
-
-
55,665
-
-
-
55,665
30,965
-
596
1,463
1,698
114
-
-
-
34,836
-
-
-
34,836

20,829		 Last year
to the nearest £
Sales 54,876 -
-
-
-
-
-
-
-
-		 54,876 27,900
Donations 790 790 2,065
- - -
- - -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)		 55,665 55,665 29,965
A2 Asset and investment sales,
(see table).
- -
-
-		 -
- - -
Sub total - - -
Total receipts
A3 Payments
- 55,665 29,965
Wages 30,965 -
-
-
-
-
-
-
-
-
-		 30,965 19,325
Overseas BuildingProject - - 5,310
Telephone 596 596 1,133
HMRC 1,463 1,463 1,649
Professional Fees 1,698 1,698 2,814
Bank Charges 114 114 247
Insurance - 192
IT - 450
- -
**Sub total ** 34,836 34,836 31,120
A4 Asset and investment
purchases, (see table)
- -
-
-		 -
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 34,836 31,120
20,829 - -
20,829		 - 1,155
- - -
-		 - -
1,284 - 1,284 2,439
22,113 - - 22,113 1,284

CCXX R1 accounts (SS)

31/03/2023

1

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

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Not Applicable
Details
Details
Not Applicable
Bank Balance
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Not Applicable
Details
Not Applicable		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
22,113
-
-
-
-
-
22,113
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 Endowment
funds
to nearest £
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

31/03/2023

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of The Escape Charity On accounts for the year 31[st] May 2022 Charity no 1162810 ended (if any) Set out on pages 2 PAGES

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2022.

Responsibilities and As the charity trustee, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 The charity’s gross income does not exceed £250,000, and I am qualified to examiner's statement undertake the examination by being a qualified member of The Association of Accounting Technicians .

I have completed my examination. Apart from consistent accountability, I confirm that the only matters that have come to my attention are as disclosed below, in connection with the examination, which gives me cause to believe that in any material respect:

I have no other matters concerning the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Signed: Date: 31[st] March 202 Name: Janet Johnson – Educational Finance Solutions Ltd MAAT Relevant professional qualification(s) or body (if any): Address: 31 Hamilton Crescent Palmers Green, London, N13 5LN

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here details of any items that the examiner wishes to disclose .

The advice to the charity is to create some consistency in the accounting and bookkeeping administration.

The basics will be in invoicing, keeping weekly or monthly. Regular cash reconciliation for money transfers.

There was a challenge with digital data for employees on the payroll software. As some information was deleted prematurely. The Charity had hard copy backups, so traceable timesheets and amounts paid could be reconciled. Advice for future accounts will be to reconcile the payroll and a monthly basis with hard copy timesheets, and payroll reports are printed and kept for year-end accounts and auditing purposes.

This is the same with contractors. That all documents as invoicing, are printed and filed with the accounts and an indication of the amount paid.

The payroll and contractors’ payments were reconciled towards the end of the financial accounts.

October 2018

2

IER