## **NGOKO CHARITABLE TRUST**
**TRUSTEES’ ANNUAL REPORT & ACCOUNTS YEAR ENDED 31 DECEMBER 2023**
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **CONTENTS**
||**CONTENTS**||
|---|---|---|
|**01 **|EXECUTIVE SUMMARY|1|
|**02**|WHO WE ARE AND WHAT WE DO|2|
|**03**|ACHIEVEMENTS AND PERFORMANCE|6|
|**04**|FUTURE PLANS|10|
|**05**|FINANCIAL REVIEW|12|
|**06**|ACCOUNTS SUMMARY|14|
|**07**|INDEPENDENT EXAMINER’S REPORT|16|
|**08**|STRUCTURE, GOVERNANCE AND MANAGEMENT|17|
|**09**|REFERENCE AND ADMINISTRATION DETAILS|19|
|**10**|ACKNOWLEDGEMENTS|20|
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **01 EXECUTIVE SUMMARY**
**2023 was another exciting year for Lesedi. Secondary school construction neared completion, and we were humbled by one incredible donation to build a science teaching block. The Secondary continued to expand with Form 3 starting in January 2024 with our first graduates due to complete their final exams in December 2025. Great progress was made in agricultural and other vocational skills.**
Financially we had a very positive year with our highest ever annual level of donations received. We generated a net surplus of £91k in the year primarily driven by the science block donation.
The journey continued:
- Lesedi Primary School had 388 children enrolled at 31 December 2023.
- Special needs teaching continued to be offered for 19 primary kids.
Our achievements have only been possible due to the fabulous team we have at Lesedi and the ongoing support and generosity from our wider Lesedi family who continue to provide essential financial and moral support. A huge and heartfelt “Thank You!” to everyone on this journey with us.
- Our Grade 7 exam pass rate was 62% vs 91% in 2022 / 63% in 2021.
- The core infrastructure for teaching Secondary Forms 1 to 4 was completed with two further double classroom blocks and four teachers’ cottages. Well-done Benson, builders and funders!
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Graeme, Benson and Fiona
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- Construction started on a science teaching block (Chemistry and Biology lab, plus prep and support areas) following a very generous $200,000 single donation.
- We further expanded our sponsorship program such that at December 2023 380 kids were sponsored (+25 on Dec 22)
- We provided over 150,000 school meals during 2023
- The clinic continued to expand its programs across a wide area.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
**Ngoko Charitable Trust is run by three committed volunteers, who are striving to reduce poverty in rural Zimbabwe through provision of quality education and healthcare. The Trust’s main project is Lesedi Schools & Clinic situated in a rural area near Victoria Falls. Lesedi Primary and Secondary School is educating 450 local children, most of whom are supported through our sponsorship programme. Lesedi Clinic provides affordable, accessible healthcare to the surrounding communities.**
## **About Us**
The trustees of the Ngoko Charitable Trust are Fiona & Graeme Thompson and Benson Siyawareva. Fiona and Graeme are based in the United Kingdom and Benson lives in Victoria Falls, Zimbabwe. The three of them met on safari 20 years ago and have remained firm friends ever since. Benson and Fiona founded a safari company, Ngoko Safaris, together in 2005.
## **Our Charitable Objective**
The purpose of the Ngoko Charitable Trust is the prevention or relief of poverty in Zimbabwe by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
Benson grew up in rural Zimbabwe and knows first-hand how challenging it can be for children in rural communities to break out of poverty. In 2013 he became involved with the Ntabayengwe community, who live in a rural area near Victoria Falls. He realised that many children were dropping out of school and decided he needed to help.
Fiona and Graeme had always talked about “making a difference” so the three of them teamed up to transform Benson’s dream into a reality.
As we commenced our journey, none of us could have envisaged the incredible support we would receive along the way, enabling us to transform our dreams into reality. The Ngoko Charitable Trust was registered in 2015 to support our work.
What started as a small project in our spare time, has grown to take over our lives. Despite this, our passion to make a difference is stronger than ever and we are constantly inspired to do more to help those who through chance of birth need a helping hand to break out of the cycle of poverty and achieve their potential.
The responsibility for being custodians of this project are immense. We have started to look to the future and to how we can make Lesedi sustainable beyond the three of us. We have set up a local Trust in Zimbabwe, the Ngoko Trust and are looking at how we can continue to improve the long-term governance of the project.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
## **Lesedi Project Background**
The Ntabayengwe community, and other neighbouring communities, live in scattered homesteads just 15-20 minutes’ drive from Victoria Falls. Despite being relatively close to town, the daily existence could be from another world. Most families survive by cattle raising and subsistence farming on the infertile Kalahari Sand soils. Human-wildlife conflict is rife as the area is adjacent to the Zambezi National Park and Jafuta Forest, so cattle are often taken by lions.
The people in this area are often poorly educated with low aspiration levels and limited role models. Prior to Lesedi, the nearest local school was many kilometres away. Children were often absent or dropped out of school altogether. Many parents, unable to pay school fees, preferred their children to remain at home to help with household chores. Alcohol dependence was an issue, with some households engaged in the illegal moonshine business. Many families are
dealing with ill health, including HIV and AIDS.
The cycle of poverty in these communities has persisted for generations and there was little hope for improvement without outside intervention.
## **Lesedi Primary School**
Our project started with construction of a simple shack to offer classes to pre-school children, with the initial intake of kids, our “pioneer” students, enrolling in 2014.
Thanks to the generosity of our everexpanding Lesedi family, development has continued year on year and Lesedi Primary School now offers a full infant and junior education. Infant education consists of four years of schooling from Early Childhood Development (ECD) A to Grade 2. Junior education comprises five years from Grade 3 to Grade 7.
At the time of writing 281 children are enrolled at Lesedi Primary – 146 boys and 135 girls.
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Lesedi Primary School
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
We employ twelve teachers at the Primary school, with all salaries funded by
donations through the Trust. A new special needs teacher joined in 2022.
Eighteen individuals from the local community also support the project as a clerk, cooks, groundsmen, watchmen and helpers across all three sites.
The school is equipped with laptops, and we have a dedicated teacher for Information & Communication Technology (ICT), enabling the children to become digitally literate from a young age.
Lesedi is connected to mains electricity and water supply, although most water is supplied by a borehole. The school also has internet. These are considerable achievements considering the school’s rural location.
## **Lesedi Secondary School**
Given the lack of high-quality Secondary education in the area, the decision was taken in 2020 to build a Secondary school on the Lesedi site.
The Trustees were keen that the school offered vocational and IT subjects, which is rare to find in rural schools in Zimbabwe.
During 2021, major construction works took place and in early 2022 67 students were enrolled in Form 1 with an even split from Lesedi Primary and other local primary schools.
The school is offering 10 subjects at Form 1 and 2. Core subjects of Mathematics, General Science, Ndebele, English, Geography, History, Physical Education and IT. Students choose two of four subjects from Food, Metal and Woodwork technology and design, and Agriculture.
Seven teachers were employed during the year, and this grew to twelve teachers by January 2024 when Form 3 commenced.
Initially support resources are being shared across both Primary and Secondary to minimise cost.
The Secondary school was formally annexed to Mosi-oa-Tunya Secondary school (the main 1,600+ pupil school in Victoria Falls town) for registration purposes
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Lesedi Secondary School
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
but Lesedi Secondary achieved its own standalone registration in May 2024.
Our pioneer students moved up to Form 3 in January 2024 and at the time of writing 175 children are enrolled at Lesedi Secondary - 99 boys and 76 girls.
## **Lesedi Clinic**
Having started the project at Lesedi, we soon realized that healthcare was a major problem. The nearest public clinic was far from Lesedi, with transport costs unaffordable for most. Health issues were often ignored, or a traditional healer visited instead.
Building a clinic at Lesedi – along with various ancillary buildings – was a hugely ambitious project but despite the challenges, Lesedi Clinic opened to the community in March 2020.
Lesedi Clinic provides local, affordable healthcare, antenatal care and
vaccinations. The clinic and school work closely together to monitor the welfare of our learners and provide ongoing treatment as necessary.
Along with the clinic, we have also built a maternity waiting-home for expecting mothers to stay during the final weeks of pregnancy.
We employ two nurses at the clinic, along with two nurse-aides and support staff. We also employ a doctor for weekly clinics. All costs are funded by donations to the Trust.
## **Other projects**
Given our charitable objectives, we would support projects outside of Lesedi and have provided some capital funds to help improve a clinic near Jerara, Zaka District in south-eastern Zimbabwe. However, given resources constraints we will likely be primarily focussed on Lesedi for the foreseeable future.
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Lesedi Clinic
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
**The Primary School is now at a mature stage offering nine grades of high-quality teaching with special needs support added in 2022. The Secondary School’s core construction phase was completed in 2023 with the facilities in place to teach Forms 1 to 4. The Clinic continued to deliver quality health care to surrounding communities.**
## **Background**
The economic situation in Zimbabwe remains very precarious.
It is estimated that over 90% of Zimbabweans work in the informal economy, with many living hand to mouth. People have resorted to growing food on every spare patch of land and making money where they can to survive.
The local community is very reliant on the tourism industry which is slowly recovering post pandemic.
High inflation (over 500% pa) is impacting Zimbabwe and with such low incomes it has a terrible effect on families.
This financial pressure has continued to result in a big increase in the number of families being forced to leave the area in search of work.
It is sad when we lose learners, and we try to track “our” children where possible. We have hugely appreciated our sponsors who have kindly transferred their resources (and love) to new Lesedi children.
## **10 Year Milestone**
In December 2023, the directors, staff and children celebrated Lesedi’s ten-year anniversary.
The transformation has been incredible. Starting with one pre-school class in a concrete shack, our “pioneer students”, Lesedi School is now a well-equipped school campus with 450 pupils. Lesedi Clinic is providing essential health services
to the school children and wider community.
This is a special milestone in Lesedi’s life and a proud achievement since that first concrete shack – we now have 12 primary and 8 secondary classrooms, 4 vocational workshops, ablution blocks, a beautiful clinic, a huge dining/community hall, teachers’ and nurses’ cottages, plus all the infrastructure (boreholes and water tanks, mains electricity, roads, Wi-Fi etc).
There is still so much more for us to do. The challenging situation in Zimbabwe means that we must work harder to ensure that the community we serve receives the best education and health support possible.
## **Lesedi Clinic**
The Lesedi Clinic opened in March 2020.
The clinic is privately registered but operates as a local community clinic, providing care to the whole community.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
Our team works closely with local health officials to support their vital work.
Patient numbers have continued to increase during 2023. The clinic is already having a hugely positive impact, providing welfare support to the Lesedi children and becoming a valuable resource within the wider community.
Sister Irene and the rest of the nurses do a fabulous job in keeping the clinic as financially sustainable as possible with affordable consultation and prescription charges.
The clinic offers a full vaccination programme at Lesedi. The Zimbabwe Expanded Programme on Immunization (EPI) aims to reduce vaccine preventable diseases. Targeted mostly at the under-5s, vaccines protect from Tuberculosis, Hepatitis B, Diphtheria, Tetanus, Pertussis, Meningitis, Polio, Pneumonia etc. The clinic is also giving the HPV vaccine to girls aged between 10-14 years for prevention of cervical cancer. There is no charge for any of the vaccination services.
During 2023 there was also a dedicated polio vaccination campaign following an outbreak of the disease in Harare.
In addition to serving the wider community, Lesedi Clinic provides a vital health resource for our Lesedi learners.
Our learners with long term health conditions, such as diabetes, cerebral palsy, epilepsy and sickle cell anaemia are all under the care of the clinic.
In December 2023, 367 learners and teachers had eye screening by experts from the Eyepod Clinic in Victoria Falls with a number receiving follow up treatment / spectacles, all funded via the Trust.
## **Lesedi Primary School**
The school and the pupils are recovering from the significant time lost due to Covid lockdowns during 2020 to 2022.
The Primary school **Grade 7 exam results,** after a very positive 2022, were mixed.
The overall pass rate for Lesedi learners was 62% vs 91% in 2022 / 63% in 2021.
Unfortunately, we had a few children who had dropped behind and would have benefitted from special needs support but only had limited time to catch up.
One real positive in the year was the recommencement of broader extracurricular activities which are so important for a child’s growth. The school did particularly well in sports, choir and chess competitions against local schools.
## **Lesedi Secondary School**
During 2023 a further two double classroom blocks and four teachers’ cottages were completed. We now have all the infrastructure needed to teach up to the end of Form 4 / “O” levels.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
Significant investment in **equipment** was also made which covered $32k for computers and better Wi-Fi, equipment for the vocational subjects and science and a many text/workbooks. Desks, stools and chairs for Form 2 and 3 were hand made by local craftsmen providing much needed local employment.
Following recruitment of an energetic new agriculture teacher Mr Nyere, we were able to significantly expand our **agricultural projects.** The vegetable field was expanded and covered, the chicken run was properly put into operation and a new piggery was built with biogas for heating / lighting. As well as providing amazing hands-on learning experiences for the kids, the produce will supplement the school diet and generate extra funds.
Construction started on a **science teaching block** (Chemistry and Biology lab, plus prep area) following a very generous $200,000 single donation.
Having these facilities in a rural school in Zimbabwe is a real privilege which when combined with high quality vocational and IT workshops means that we will have the facilities to teach a broad and highquality curriculum.
At the time of writing, we have three Forms at the Secondary teaching 175 learners.
Seven secondary teachers were employed in 2023 with five more teachers joining in January 2024 as we started teaching the Zimsec level subjects from Form 3.
The Secondary school is very much work in progress but to have delivered what we have in four years (including two years disrupted by lockdowns) has been a huge success and we are massively thankful to Benson, the builders, the teachers, and everyone involved.
## **Child Sponsorship**
At the time of writing, 421 of the 456 children enrolled at Lesedi Primary and Secondary Schools are sponsored. The slow but steady increase in new sponsorships is especially pleasing given limited tourist group visit the school.
Without sponsorship, it is likely that many of our learners would not be regularly attending school, and certainly wouldn’t have expectations to continue past their primary education. Our school meals are crucial to the welfare of many children, and for some the access to healthcare is proving to be a lifeline. For the charity, the sponsorship program provides much needed longer term financial security and engagement with a wider supporter base.
The $360 per child per year sponsorship income is intended to cover school fees, two hot meals a day, uniform and a contribution to our welfare fund. An
allocation is also made towards paying part of the teachers’ salaries and other direct costs, with the charity directly paying for the remaining balance. In 2023, the sponsorship was able to cover 49% of
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03**
##
the salaries, food and other direct operating costs (2022: 39%)
This higher support from sponsorship is partly driven by the difficult decision to increase our annual sponsorship rates to
$360 from 1 January 2023. We lost several sponsors because of this increase, but we are incredibly grateful to most donors who could continue to support us at the increased rate.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **04 FUTURE PLANS**
**Our next major milestone will be when our pioneer students graduate from Lesedi in December 2025 – 12 years after we all started together! The Secondary School focus will be hitting this milestone with all the teachers, equipment and hard work required. The Primary School remains focussed on fine tuning so that we can deliver sustainable, improved results and ensure every child can do the basics well. For the Clinic it is all about making an even bigger positive impact.**
**However, our immediate concern is that the rains have been very poor over the last few months and Zimbabwe faces drought and starvation during 2024. This overshadows all that we are trying to deliver, and we must do all we can to help our learners and the community through this.**
## **Lesedi Primary School**
The Primary School is now operationally complete, with our final year – Grade 7 – completed in 2021. We now have a full complement of excellent teachers now also with special needs help and support staff working in quality facilities.
We need to ensure that we can deliver consistently high exam Grade 7 exam results and ensure that everyone leaves with good reading, writing and maths.
## **Lesedi Secondary School**
We are still very much in the work-inprogress on the Secondary school.
2024 will be focussed on delivering Form 3, the first year of the final two years leading up to the final Zimsec examinations in late 2025.
Construction is near completion with the Science Block expected to be finished by the middle of 2024. Additional buildings are needed (eg library and a music room) but the core structures are now in place.
Significant investment is still required in equipment, books, furniture etc.
A permanent Head Teacher, Lucy Chimbani, was appointed in May 2024 and is now providing strong leadership at the school. We need to review our teaching and other resources given the huge growth in the last 3 years and ensure that we are optimised for delivering high quality teaching up to Form 4.
For cost efficiency, we will share capacity and resources across Primary and Secondary as much as possible eg: dining & sports facilities.
## **Lesedi Clinic**
The Clinic will continue to be a major focus as it continues to expand its usage and community engagement. The team are doing an amazing job and have made the operations sustainable. The focus now is helping more people, delivering all the health needs for their catchment area.
## **Water / food supplies**
The provision of water and food to the schools and clinic is always very difficult in such a dry and remote area. The very poor rains in early 2024 are likely to make this position even more difficult for the next 12+ months with boreholes drying out and food becoming scarce. The local community has
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **04 FUTURE PLANS**
been unable to grow their crops so starvation will become a real issue.
As a small charity 100% supported by private donations there is clearly a limit to what we can do to help. Our focus will be on providing adequate food and water to our learners and our staff, and where possible providing extra help (eg: possibly providing food during the holidays if we can raise additional funds and secure the supplies to do so).
## **Other projects**
With the focus on the secondary school there is no intention currently to spend material resources on other non-Lesedi projects. Clearly if a situation does arise, we can afford it after Lesedi needs and it would make a big difference in line with our charitable objectives then we would consider supporting.
## **Fundraising**
All of this requires money. We have been incredibly successful fundraising with over $2.5 million now raised for the project. However, we need to keep increasing our income each year to keep up with the growth in ambition and students.
The sponsorship program is essential. As well as providing the friendships and connections, financially it makes both schools affordable to fund from more ad-hoc donations.
We need to find 35 more sponsors for the new 2024 intake and a further 60-70 in 2025. The is a huge undertaking and we are so thankful to our amazing supporters who have taken on more sponsorships and spread the word.
Sponsorship income is currently $12k per month, but our outgoings are now over $20k per month (salaries $13k, food $5k, utilities / other essential $2-5k pm). We therefore
continue to rely on additional monthly or adhoc donations to cover the shortfall.
## **Governance**
Following the creation of the Ngoko Trust we will continue to improve on the charity governance.
A key element to this is succession planning and widening of the Trusts leadership beyond its three founders. There isn’t a quick solution, but the trustees are aware of this issue and will ensure longer term plans are put in place.
We still have no administration costs in the UK from the running of the charity as we want to maximise the end $ donation on the ground. Any UK admin costs and travel / other costs from trips to Lesedi by the trustees are all personally paid for.
Overall, we have very clear plans for the next few years but will keep the flexibility to ensure we grow as required. There are huge challenges to overcome but given our experience of the last 10 years and the wonderful Lesedi team we have, staff and supporters, we are confident of delivering on our ambitions.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **05 FINANCIAL REVIEW**
**The funding position during 2023 has improved with our highest recorded income level driven by a large $200k one-off restricted income donation to fund a science teaching block. Significant expenditure was incurred on two double classrooms, teachers’ cottages and equipping the Secondary School. Operational costs increased in 2023 due to the growth in the Secondary School but spend at the Primary and the Clinic was well controlled at broadly 2022 levels.**
A summary of our financial position is shown in **Section 06 Accounts** on pages 14 and 15.
Here we provide a brief narrative of the story behind the figures.
As before we account for our income and expenditure into two separate funds:
- Restricted: this ring fences income and costs allocated to a specific program (e.g. sponsorship) or project (e.g. Secondary school construction);
- Unrestricted: income that is not restricted can be spent freely on relevant charity costs.
## **Income**
## **1. Financial Donations**
Most of our donations are from individuals, many of whom have visited the school and experienced first-hand the difference the project is making. Many of our donors have now generously supported the project for many years.
Every donation makes a difference, no matter how large or small. 100% of each donation we receive is spent directly on developing and supporting Lesedi with zero administration costs in the UK.
aid) per month following a rate increase from 1 January 2023.
Sponsorship income funds food and welfare costs for all sponsored pupils. A contribution is also made to teachers’ salaries and other school operating costs. We hold a buffer of £10,000 of sponsorship money at the end of each year to ensure that sufficient cash flow is available.
## **Payments**
## **1. Building costs**
Major projects during the year included: Two secondary classroom blocks (£49k) Four secondary teachers’ cottages (£46k) Start on secondary science block (£24k) Piggery and other agricultural works (£13k)
## **2. Teachers’ Salaries**
The charity funded the salaries of nineteen teachers during the year, three more than 2022 due to growth in secondary teachers.
## **3. Food and operational costs**
This covers the costs of food, utilities and other direct costs of running both schools. It also includes costs of uniforms, welfare and medical costs incurred.
## **4. School Furniture & Equipment**
## **2. Child Sponsorship**
Our child sponsorship program was introduced at the end 2017. The cost of sponsorship was US$30 or £25 (£20 plus gift
For the Primary this primarily relates to schoolbooks, plus some school supplies.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **05 FINANCIAL REVIEW**
The significant secondary spend (£49k) primarily covered the costs of computers and internet upgrades (£25k), desks, chairs, stools, text books and vocational equipment.
## **8. Trustee Renumeration**
No trustee remuneration was paid in 2023 or 2022.
## **Balance Sheet**
## **5. Other School Costs**
Other costs relate to fuel, transport, internet, telephone and other sundries.
## **6. Clinic operational costs**
Clinic salaries cover the salaries of 2 nurses, 2 nurse-aides plus a doctor and support staff.
## **7. Loss on Exchange**
The 2023 accounts show a loss on exchange of £10,825 (2022: profit £18,463). As a UKregistered charity, we report in Sterling. However, on a day-to-day basis we generally work in US Dollars (USD). Donations received from the US are remitted to the project in USD. Our costs in Zimbabwe are primarily paid in USD. Converting the accounts into Sterling at the year-end results in a profit or loss on exchange depending on the change in the exchange rate during the year. It does not necessarily mean that a profit or loss has been realised.
At the year end the charity was holding net monetary assets of £288,018. This was predominantly being held in US Dollars.
£154,042 of the net monetary assets at the year-end were restricted funds representing the science block fund (£132,666), the balance on the sponsorship fund (£10,000) plus funds for equipment and agriculture projects.
The amount of Unrestricted funds at 31 December 2023 was £133,976.
£60,000 will be held in reserve to cover salaries, in line with our Reserves Policy.
The balance of around £78,000 will cover equipment and ongoing running costs.
## **Reserves Policy**
Salaries form the bulk of our nondiscretionary spending commitments and our policy is to keep a minimum of 6 months’ salary cost in reserve in addition to amounts allocated to restricted funds.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **06 ACCOUNTS SUMMARY**
## **Summary of Financial Activities**
|**Income:**
Donations
Sponsorship income
**Total income**
**Expenditure on charitable**
**activities:**
**Building costs**
**Primary operational costs:**
Salaries
Food & school operational costs
School furniture & equipment
Other school costs
**Secondary operational costs:**
Salaries
Food & school operational costs
School furniture & equipment
Other school costs
**Clinic operational costs:**
Salaries
Equip, medicines & consumables
Other clinic running costs
**Local administration costs**
**Bank fees**
**Loss/(Profit) on exchange**
**Total expenditure**
**Net movement in funds **
**Reconciliation of funds:**
**Total funds brought forwards**
**Total funds carried forwards**|**Year to 31 December 2023**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
176,241
193,563
369,804
-
112,060
112,060
**176,241**
**305,623**
**481,864**
**72,496**
**62,557**
**135,053**
30,659
29,327
59,986
-
41,037
41,037
1,495
1,431
2,926
7,111
6,802
13,913
**39,265**
**78,597**
**117,862**
17,410
16,654
34,064
-
16,329
16,329
37,135
11,844
48,979
502
480
982
**55,047**
**45,307**
**100,354**
17,893
-
17,893
1,164
-
1,164
3,206
-
3,206|**Year to 31 December 2022**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
190,655
30,014
220,669
-
90,721
90,721|
|---|---|---|
|||**190,655**
**120,735**
**311,390**
**61,039**
**4,187**
**65,226**
34,585
22,389
56,974
-
41,253
41,253
3,282
2,124
5,406
9,120
5,905
15,025|
|||**46,987**
**71,671**
**118,658**
10,664
6,903
17,567
-
15,593
15,593
43,188
-
43,188
1,390
901
2,291|
|||**55,242**
**23,397**
**78,639**
18,180
-
18,180
4,054
-
4,054
1,544
-
1,544|
||**22,263**
**-**
**22,263**
1,702
-
1,702
2,478
-
2,478
10,825
-
10,825
**204,076**
**186,461**
**390,537**
**(27,835)**
**119,162**
**91,327**
161,811
34,880
196,691
**133,976**
**154,042**
**288,018**|**23,778**
**-**
**23,778**
1,955
-
1,955
3,197
-
3,197
(18,463)
-
(18,463)|
|||**173,735**
**99,255**
**272,990**|
|||**16,920**
**21,480**
**38,400**
144,891
13,400
158,291|
|||**161,811**
**34,880**
**196,691**|
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **06 ACCOUNTS SUMMARY**
## **Balance Sheet as at 31 December**
|**Current Assets:**
Debtors
Cash at bank and in hand
**Total net assets**
**Funds of the Charity:**
Restricted Funds
Unrestricted Funds
**Total funds**|**2023**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
399
-
399
133,577
154,042
287,619
**133,976**
**154,042**
**288,018**
-
154,042
154,042
133,976
-
133,976
**133,976**
**154,042**
**288,018**|**2022**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
209
-
209
161,602
34,880
196,482|
|---|---|---|
|||**161,811**
**34,880**
**196,691**|
|||-
34,880
34,880
161,811
-
161,811|
|||**161,811**
**34,880**
**196,691**|
## Note:
The accounts are prepared in accordance with the Statement of Recommended Practice for Charities (SORP 2015) and applicable accounting standards (FRS102).
A full copy of the accounts is available on the website: https://lesedizim.org/news/
**15 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **07**
##
I report to the trustees on my examination of the accounts of the Ngoko Charitable Trust (the “Trust”) for the year ended 31 December 2023.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
## **Responsibilities and basis of report**
As the charity 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 Trust’s accounts carried 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 examiner’s statement**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England & Wales.
- accounting records were not kept in respect of the Trust 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.
Colin Hoare Accountancy Services Ltd Chartered Accountants 10 The Green Cheddington Buckinghamshire LU7 0RJ
Dated 01[st] August 2024
**16 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **08**
##
**Ngoko Charitable Trust is an unincorporated Trust, constituted under a Trust Deed dated 25 May 2015 and is a registered charity (registration number 1163965).**
## **Public Benefit**
The Trustees confirm they have complied with the duty in the Charities Act 2011 to have due regard to the Charity
Commission’s guidance on public benefit which addresses the need for all charities’ aims to be, demonstrably, for the public benefit.
Ngoko Charitable Trust fulfils the public benefit by the relief of poverty, and improvement of poor education and health outcomes for children and their families. Details about the specific programmes pursued can be found earlier in this report.
## **Appointment of Trustees**
There must be at least 3 trustees. Apart from the first trustees, every trustee must be appointed for a term of 3 years by a resolution of the trustees passed at a special meeting. The current trustees are all founding trustees of the Charity and hold office for the following periods:
Fiona Thompson ............. 3 years to 2026 Benson Siyawareva …… 3 years to 2025 Graeme Thompson ....... 3 years to 2024
In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity.
All trustees give their time freely and no trustee remuneration has been paid.
## **Organisational Structure**
The management of the Charity is split between the UK and Zimbabwe.
Benson Siyawareva, in Zimbabwe, is the driving force behind the establishment of Lesedi and manages all the projects and development locally.
The Ngoko Trust, a trust set up in Zimbabwe on which Benson is a trustee, is the registered owner of the schools and clinic, and employs the teaching staff and nurses.
In the UK, Fiona Thompson, handles administration of the sponsorship program. Graeme Thompson manages the finances. Fundraising and communication with supporters is a joint effort.
Lesedi Primary School is being led by our excellent headmistress, Mrs A. Mutori, who is highly experienced and ambitious for the educational standards at the school. The Secondary school since May 2024 has been led by the wonderful Lucy Chimbani.
In December 2023, the Primary school had twelve teachers and the Secondary seven teachers. Eighteen support staff from the local community support Lesedi as cooks, groundsmen, watchmen and helpers. Many locals have also been involved in all the construction projects.
A school advisory council oversees the day to day running of the Primary school. The council comprises of five village elders plus the school principal. The village elders are appointed by the community. The committee is overseen by a school Board of Directors, which includes Benson Siyawareva as Chairman. In addition, the Secondary School has its own Development committee.
**17 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **08 STRUCTURE, GOVERNANCE & MANAGEMENT**
Lesedi Clinic is in the capable hands of our matron-in-charge, Sister Irene, and nurse, Sister Nhondova, along with two nurse-aides and support staff. Dr Gwenhamo provides weekly consultations and supervision.
The Trustees oversee the day-to-day activities at the school and clinic.
## **Risk Management**
The Trustees actively review any major risks which the Charity faces on a regular basis and believe that we have appropriate procedures and controls to identify and mitigate against risks we are exposed to.
## **Adoption of the Annual Report**
The trustees declare that they have approved the annual report and accounts.
Signed on behalf of the charity’s trustees.
Graeme Thompson
Treasurer
01[st] August 2024
**18 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **09 REFERENCE & ADMINISTRATION DETAILS**
## **Charity name**
Ngoko Charitable Trust
## **Charity number**
1163965
## **Principal Address**
28 Station Road Tring Hertfordshire HP23 5NG
## **Trustees**
Benson Siyawareva Fiona Thompson Graeme Thompson
## **Independent Examiner**
Colin Hoare Accountancy Services Ltd 10 The Green Cheddington Buckinghamshire LU7 0RJ
## **Bankers**
Barclays Bank PLC
**19 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **10 ACKNOWLEDGEMENTS**
**A huge thank you to all our financial supporters some of whom have made some very large donations that have allowed us to complete the Secondary school and fund a new science teaching block. We offer our thanks to everyone who is on this journey with us. Our achievements to date would not have been possible without your generous support.**
All our funding comes from donations by private individuals, with many of our supporter’s kind enough to remember us in their charitable giving year after year. Each donation is valued, from a few dollars to buy a birthday gift for a sponsor child to the uniquely overwhelming donations we receive - to drill a borehole, build a classroom block or renovate a clinic. Just as vital are the donations that enable us to pay salaries and day to day running costs.
A donation is a gesture of generosity but also one of trust. We are honoured by the trust you place in us and very aware of our responsibility to spend your donations wisely – and in full – as instructed or where they are needed most.
While financial donations fund all our projects, it is love that gives Lesedi its heart. Thank you to all our child sponsors whose love and caring means the world to the Lesedi children and their families.
A school is only as good as its teachers, and a clinic is only as good as its nurses. We thank them for their dedication.
We extend our sincere gratitude to everyone who has provided support to Lesedi and the Ngoko Charitable Trust. Your support is heart-warming and an inspiration to us all.
**20 |** P a g e
||**Ngoko Charitable Trust**|**Ngoko Charitable Trust**|**Ngoko Charitable Trust**|**Ngoko Charitable Trust**|**1163965**|||
|---|---|---|---|---|---|---|---|
||Annual accounts for theperiod|||||||
||**1/1/2023**|||**To**|**12/31/2023**|||
|||||||||
|**Section A**|**Statement of financial activities**|||||||
|Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
**_Total_**
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
**_Total_**
S12
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
**Extraordinary items**
S16
**Transfers between funds**
S17
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
Other gains/(losses)
S19
**_Net movement in funds_**
S20
**_Reconciliation of funds:_**
Total funds brought forward
S21
**_Total funds carried forward_**
S22
**Recommended categories by**
**activity**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Other recognised** **gains/(losses):**|||**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|||||
||||176,241|305,623|-|481,864|311,390|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||-|-||-|-|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||176,241|305,623|-|481,864|311,390|
|||||||||
||||-|-|-|-|-|
||||204,076|186,461|-|390,537|272,990|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||204,076|186,461|-|390,537|272,990|
|||||||||
||||- 27,835|119,162|-|91,327|38,400|
||||-|-|-|-|-|
||||- 27,835|119,162|-|91,327|38,400|
||||-|-|-|-|-|
||||-|-|-|-|-|
|||||||||
||||-|-|-|-|-|
||||-|-|-|-|-|
||||- 27,835|119,162|-|91,327|38,400|
|||||||||
||||161,811|34,880|-|196,691|158,291|
||||133,976|154,042|-|288,018|196,691|
## **Section B Balance sheet**
|Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|**£**
F01
**Unrestricted**
**funds**|**£**
F02
**Restricted**
**income**
**funds**|**£**
F03
**Endowment**
**funds**|**£**
F04
**Total this**
**year**|**£**
F05
**Total last**
**year**|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||399|-|-|399|209|
|||-|-|-|-|-|
|||133,577|154,042|-|287,619|196,482|
|||133,976|154,042|-|288,018|196,691|
||||||||
|||-|-|-|-|-|
||||||||
|||133,976|154,042|-|288,018|196,691|
||||||||
|||133,976|154,042|**-**|288,018|196,691|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||133,976|154,042|-|288,018|196,691|
||||||||
|||-|||-
154,042
133,976
-|-|
||||154,042|-||34,880|
|||133,976||||161,811|
||||||||
|||133,976|154,042|-|288,018|196,691|
||||||||
|||Signature||Print|Name|Date of
approval
dd/mm/yyyy|
|||||Graeme Thompson||**8/1/2024**|
||||||||
CC17a (Excel)
08/05/2024
2
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ü 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 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by ü FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support _**Not applicable**_ the conclusion that the charity is a going
concern;
Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
|Yes*
No*
**_Please disclose_**|ü|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
||**_:_**|||
|**_(i) the nature of_**|**_the chan_**|**_ge in accounting policy;_**|**Not Applicable**|
|**_(ii) the reasons_**
**_provides more r_**
**_and_**|**_why appl_**
**_eliable an_**|**_ying the new accounting policy_**
**_d more relevant information;_**|**Not Applicable**|
|**_(iii) the amount_**
**_the current peri_**
**_aggregate amou_**
**_before those pr_**|**_of the adj_**
**_od, each_**
**_nt of the_**
**_esented, 3_**|**_ustment for each line affected in_**
**_prior period presented and the_**
**_adjustment relating to periods_**
**_.44 FRS 102 SORP._**|**Not Applicable**
|
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*
**_Please disclose_**|ü|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
||**_:_**|||
|**_(i) the nature of_**|**_any chan_**|**_ges;_**|**Not Applicable**|
|**_(ii) the effect of_**
**_assets and liabi_**|**_the chang_**
**_lities for t_**|**_e on income and expense or_**
**_he current period; and_**|**Not Applicable**|
|**_(iii) where pract_**
**_more future per_**|**_icable, th_**
**_iods._**|**_e effect of the change in one or_**|**Not Applicable**|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes* ü * -Tick as appropriate No*
## _**Please disclose:**_
_**(i) the nature of the prior period error;**_ **Not Applicable** _**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_ **Not Applicable** _**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_ **Not Applicable**
CC17a (Excel)
08/05/2024
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change NOT APPLICABLE in accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_
**Fund balance as restated** _**- -**_
_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period£ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated** _**-**_
CC17a (Excel)
08/05/2024
4
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
|**Note 2 Accounting policies**
**2.2 INCOME**||||
|---|---|---|---|
|_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a_
_different or additional policy has been adopted then this is detailed in the box below._|Yes
No
N/a|||
|**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
**Offsetting**
**Grants and donations**
**Legacies**
**Government grants**
The charity has received government grants in the reporting period
**Donated goods**
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
· the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other||||
||ü|||
||Yes
No
N/a
|||
||ü
|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
|||ü||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
|**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
**Provisions for liabilities**
**2.4 ASSETS**
These are capitalised if they can be used for more than one year, and cost at least
5000
They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
**Intangible fixed assets**
They are valued at cost.
**Heritage assets**
They are valued at cost.
**Investments**
W
k i
i
l
d
t
t l
f
bl
l
th t i lik l t
th
t
t
p p g g y
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.|||ü|
|---|---|---|---|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||ü|||
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
||||ü|
||Yes
No
N/a|||
|Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
ü
**Debtors**
Yes
No
N/a
ü
**Current asset investments**
Yes
No
N/a
ü
Yes
No
N/a
They are valued at fair value except where they qualify as basic financial instruments.
ü
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.||||ü|
|---|---|---|---|---|
||Yes
No
N/a||||
|||ü|||
|||||ü|
||Yes
No
N/a||||
|||||ü|
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
Donations and gifts
174,497 193,563 - 368,060 220,072
Gift Aid
1,744 2,216 - 3,960 2,085
Legacies
- - - - -
- - - - -
- 109,844 - 109,844 89,233
Donatedgoods,facilities and services
- - - - -
Other
- - - -
**Total** 176,241 305,623 - 481,864 311,390
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**- - - - -
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**- - - - -
Interest income
- - - - -
Dividend income
- - - - -
Rental and leasing income
- - - - -
Other
- - - - -
**Total**- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Total**- - - - -
**Other:**
Conversion of endowment funds into income
- - - - -
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**- - - - -
**TOTAL INCOME**
176,241 305,623-481,864 311,390
**Other information:**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Donations**
**and legacies:**
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|
|---|---|---|---|---|---|---|
||Donations and gifts|174,497|193,563|-|368,060|220,072|
||Gift Aid|1,744|2,216|-|3,960|2,085|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|109,844|-|109,844|89,233|
||Donatedgoods,facilities and services|-|-|-|-|-|
||Other|-|-|-|-||
||**Total**|176,241|305,623|-|481,864|311,390|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Interest income|-|-|-|-|-|
||Dividend income|-|-|-|-|-|
||Rental and leasing income|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held
for charity's own use|-|-|-|-|-|
||Gain on disposal of a programme related
investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||176,241|305,623|-|481,864|311,390|
||||||||
|**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**||
£90,721 of sponsorship income and £30,014 of restricted
income|||||
|**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**
**Where any endowment fund is converted into income in the**
**prior period, please give the reason for the conversion.**|||||||
||||||||
||||||||
||||||||
||||||||
|**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year**
**amounts)**|||||||
CC17 (E l)
08/05/2024
8
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants that_**
**_have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|
|---|---|---|---|
||||-|
||||-|
||||-|
||||-|
||**Total**
**Description**||-|
||||**Last year**
**£**|
||||-|
||||-|
||||-|
||||-|
||**Total** -
**Thisyear**
**Lastyear**||-|
|||||
||**Thisyear**
**Lastyear**|||
|||||
CC17a (Excel)
08/05/2024
9
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Seconded staff**
**Use of property**
**Other**|**Thisyear**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||||
|||**Lastyear**||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**||||
|**Please provide details of any unfulfilled**
**conditions and other contingencies**
**attaching to resources from donated**
**goods and services not recognised in**
**income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**||||
|||||
|||||
|||||
CC17a (Excel)
08/05/2024
10
## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
|**Analysis**
**Expenditure on raising funds:**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**This year**
**Last year**
**Total funds**
**Total funds**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|
|---|---|---|---|---|---|---|---|---|
|Incurred seeking donations|-|-|-|-|-|-|-|-|
|Incurred seeking legacies|-|-|-|-|-|-|-|-|
|Incurred seeking grants|-|-|-|-||||-|
|Operating membership schemes and
social lotteries|-|-|-|-||||-|
|Staging fundraising events|-|-|-|-||||-|
|Fudraising agents|-|-|-|-||||-|
|Operating charity shops|-|-|-|-||||-|
|Operating a trading company
undertaking non-charitable trading
activity|-|-|-|-||||-|
|Advertising, marketing, direct mail and
publicity|-|-|-|-|-|-|-|-|
|Start up costs incurred in generating
new source of future income|-|-|-|-|-|-|-|-|
|Database development costs|-|-|-|-|-|-|-|-|
|Other trading activities|-|-|-|-||||-|
|Investment management costs:|-|-|-|-||||-|
|Portfolio management costs|-|-|-|-|-|-|-|-|
|Cost of obtaining investment advice|-|-|-|-|-|-|-|-|
|Investment administration costs|-|-|-|-|-|-|-|-|
|Intellectual property licencing costs|-|-|-|-|-|-|-|-|
|Rent collection, property repairs and
maintenance charges|-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total expenditure on raising funds**|-|-|-|-|-|-|-|-|
|**Expenditure on charitable activities:**|||||||||
|Primaryschool operatingcosts|39,265|78,597|-|117,862|46,987|71,671|-|118,658|
|Secondary school operating costs|55,047|45,307|-|100,354|55,242|23,397|-|78,639|
|Clinic operating costs|22,263|-|-|22,263|23,778|-|-|23,778|
|Building costs expensed|72,496|62,557|-|135,053|61,039|4,187|-|65,226|
|Local administration costs|1,702|-|-|1,702|1,955|-|-|1,955|
|**Total expenditure on charitable**
**activities**|190,773|186,461|-|377,234|189,001|99,255|-|288,256|
|**Separate material item of expense**|||||||||
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total**|-|-|-|-|-|-|-|-|
|**Other**|||||||||
|Bank fees|2,478|-|-|2,478|3,197|-|-|3,197|
|Foreign exchange losses / (gains)|10,825|-|-|10,825|- 18,463|-|-|- 18,463|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total other expenditure**
**TOTAL EXPENDITURE**|13,303|-|-|13,303|- 15,266|-|-|- 15,266|
||204,076|186,461|-|390,537|173,735|99,255|-|272,990|
CC17a (Excel)
08/05/2024
11
## **Other information:**
**Analysis of expenditure on charitable activities**
|**Analysis of expenditure on charitable**|**activities**|**activities**|**activities**|**activities**|||||
|---|---|---|---|---|---|---|---|---|
||**Thisyear**||||**Lastyear**||||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support Costs**|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Primaryschool operatingcosts|117,862|-|-|117,862|118,658|-|-|118,658|
|Secondary school operating costs|100,354|-|-|100,354|78,639|-|-|78,639|
|Clinic operating costs|22,263|-|-|22,263|23,778|-|-|23,778|
|Building costs expensed|135,053|-|-|135,053|65,226|-|-|65,226|
|Local administration costs|1,702|-|-|1,702|1,955|-|-|1,955|
|**Total**|377,234|-|-|377,234|288,256|-|-|288,256|
||||||||||
CC17a (Excel)
08/05/2024
12
## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary item**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||||
|||-|-|
||**s**|-|-|
CC17a (Excel)
08/05/2024
13
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
|||**Amount received**|**Amount received**|**Amountpaid out**|**Amountpaid out**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related**
**party (Yes or**
**No)**|**Thisyear**
|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|**Total**||-|-|-|-|-|-|
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_
|**Description/name of party**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**Total**|-|-|
CC17a (Excel)
08/05/2024
14
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
|**This year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**
**(examples)**|**Raising funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**|
||**£**|**£**|**£**|**£**|**£**|**(Describe method)**|
|Governance|-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
|Other|-|-|-|-|-||
|**Total**|-|-|-|-|-||
## **Last year**
|**Last year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**
**(examples)**|**Raising funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**|
||**£**|**£**|**£**|**£**|**£**|**(Describe method)**|
|Governance|-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
|Other|-|-|-|-|-||
|**Total**|-|-|-|-|-||
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
CC17a (Excel)
08/05/2024
15
## **Section C Notes to the accounts**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
CC17a (Excel)
08/05/2024
16
## **Section C Notes to the accounts (cont)**
**Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**
**This year:**
**Last year:**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||||
||-|-|
||-|-|
||||
||||
||||
||||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
|**Band**|**Number of employees**|**Number of employees**|
|---|---|---|
||**This year**
-|**Last year**
-|
|**£60,000 to £69,999**|||
|**£70,000 to £79,999**|-|-|
|**£80,000 to £89,999**|-|-|
|**£90,000 to £99,999**|-|-|
|**£100,000 to £109,999**|-|-|
||||
|**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity. For specific amounts paid to trustees, see**
**Note 28.**|||
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-
|-|
CC17a (Excel)
08/05/2024
17
## **11.2 Average head count in the year**
**The parts of the charity in which the employees work**
||**This year**
**Number**|**Last year**
**Number**|
|---|---|---|
|**Trustees**|-|-|
||-|-|
||-|-|
||-|-|
|**Total**|-|-|
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment**
**This year Last year**
**Please state the legal authority or reason for making the payment**
**This year Last year**
|**Please state the amount of the payment (or value of any waiver of**
**a right to an asset)**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**
-|**£**
-|
CC17a (Excel)
08/05/2024
18
## **11.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**Total amount of payment**
**The extent of redundancy funding at the balance sheet date**
**The nature of the payment (cash, asset**
**etc.)**
**Please state the accounting policy for any redundancy or**
**termination payments**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**
-|**£**
-|
||||
||||
||||
||**Thisyear**|**Lastyear**|
||**£**
-|**£**
-|
||||
||||
CC17a (Excel)
08/05/2024
19
## **Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Amount of contributions recognised in the SOFA as an expense**
**Please explain the basis for allocating the liability and expense of**
**defined contribution pension scheme between activities and**
**between restricted and unrestricted funds.**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**
-|**£**|
|||-|
||||
||||
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different**
_**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details**
**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
CC17a (Excel)
08/05/2024
20
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to individuals**|**Support costs**|**Total**|
|---|---|---|---|---|
||||**£**|**£**|
|Activityorproject 1|-|-|-|-|
|Activityorproject 2|-|-|-|-|
|Activityorproject 3|-|-|-|-|
|Activityorproject 4|-|-|-|-|
|**_Total_**|**-**|**-**|**-**|**-**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of the_**
**_grant and total paid to each institution is available on the charity's web site._**|**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of the_**
**_grant and total paid to each institution is available on the charity's web site._**|**_Yes_**|**_Please provide_**
**_details of charity's_**
**_URL._**|
|---|---|---|---|
|||**_No_**|**_Provide details_**
**_below_**|
|||||
|**Names of institution**|**Purpose**||**Total amount of**
**grants paid £**|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
|**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**
**_TOTAL GRANTS PAID_**|||**-**|
||||-|
||||-|
CC17a (Excel)
08/05/2024
21
## **Last year:**
## **13.3 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to individuals**|**Support costs**
**£**|**Total**
**£**|
|---|---|---|---|---|
|Activityorproject 1|-|-|-|**-**|
|Activityorproject 2|-|-|-|**-**|
|Activityorproject 3|-|-|-|**-**|
|Activityorproject 4|-|-|-|**-**|
|**_Total_**|**-**|**-**|**-**|**-**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of the_**
**_grant and total paid to each institution is available on the charity's web site._**|**_Yes_**|**_Please provide_**
**_details of charity's_**
**_URL._**|
|---|---|---|
||**_No_**|**_Provide details_**
**_below_**|
|**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**|
|---|---|---|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**
**_TOTAL GRANTS PAID_**||**-**|
|||-|
|||-|
CC17a (Excel)
08/05/2024
22
## **Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
|At the beginning of the year
Additions
Revaluations
Disposals
Transfers *
At end of the year
**14.2 Depreciation and impairments**
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
**14.3 Net book value**
Net book value at the beginning of the year
Net book value at the end of the year|**£**
**Freehold land &**
**buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery and**
**motor vehicles**|**£**
**Fixtures, fittings**
**and equipment**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||SL or RB (Straight
Line or Reducing
Balance)|SL or RB|SL or RB|SL or RB|SL or RB|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
CC17a (Excel)
08/05/2024
23
## **14.4 Impairment**
_**This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **14.5 Revaluation**
|**_If an accounting policy of revaluation is adopted, please provide:_**
**_the effective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied and significant assumptions_**
**_the carrying amount that would have been recognised had the assets been_**
**_carried under the cost model._**|**Thisyear**
**Lastyear**|**Thisyear**
**Lastyear**|
|---|---|---|
||||
||||
||||
||-|-|
||||
## **14.6 Other disclosures**
|**_(i) Please state the amount of borrowing costs, if any, capitalised in the construction of_**
**_tangible fixed assets and the capitalisation rate used._**
**_(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed_**
**_assets._**
**_(iii) Details of the existence and carrying amounts of property, plant and_**
**_equipment to which the charity has restricted title or that are pledged as security_**
**_for liabilities._**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**|**£**|
||-|-|
||-
|-|
||||
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
08/05/2024
24
## **Section C Notes to the accounts (cont)**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_
## **15.1 Cost or valuation**
|At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**£**
**Research &**
**development**|**£**
**Patents and**
**trademarks**|**Other**
**£**|**Total**
**£**|
|---|---|---|---|---|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **15.2 Amortisation and impairments**
|****Basis**
**** Rate**
At beginning of the year
Disposals
Amortisation
Impairment
Transfers*
At end of year
**15.3 Net book value**
Net book value at the beginning
of the year
Net book value at the end of the
year|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
|---|---|---|---|---|---|
|||||||
||- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -|||||
||-|-|-|-||
||-|-|-|-||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_
_**Policies for the recognition of any capital development**_
CC17a (Excel)
08/05/2024
25
## **15.5 Impairment**
**This year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **Last year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
|**15.6 Revaluation**
**_If an accounting policy of revaluation is adopted, please provide:_**
**This year**
**Last year**
**_the effective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied_**
**15.7 Other disclosures**
**_the carrying amount that would have been recognised had_**
**_the assets been carried under the cost model._**
**_(i) If your intangible asset was acquired by way of grant,_**
**_provide value on initial recognition and carrying amount of_**
**_the asset._**
**_(ii) Details of the carrying amounts of any intangible_**
**_assets to which the charity has restricted title or that are_**
**_pledged as security for liabilities._**
**_(iii) Please provide the amount of contractual_**
**_commitments for the acquisition of intangible assets._**
**_(iv) State the amount of research and development_**
**_expenditure recognised as expenditure in the year._**
**_(v) Please detail the headings in the SOFA in which a_**
**_charge for amortisation of intangible assets is included._**
**_(vi) For any material intangible assets, please provide a_**
**_description, its carrying amount and any remaining_**
**_amortisation period._**|**15.6 Revaluation**
**_If an accounting policy of revaluation is adopted, please provide:_**
**This year**
**Last year**
**_the effective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied_**
**15.7 Other disclosures**
**_the carrying amount that would have been recognised had_**
**_the assets been carried under the cost model._**
**_(i) If your intangible asset was acquired by way of grant,_**
**_provide value on initial recognition and carrying amount of_**
**_the asset._**
**_(ii) Details of the carrying amounts of any intangible_**
**_assets to which the charity has restricted title or that are_**
**_pledged as security for liabilities._**
**_(iii) Please provide the amount of contractual_**
**_commitments for the acquisition of intangible assets._**
**_(iv) State the amount of research and development_**
**_expenditure recognised as expenditure in the year._**
**_(v) Please detail the headings in the SOFA in which a_**
**_charge for amortisation of intangible assets is included._**
**_(vi) For any material intangible assets, please provide a_**
**_description, its carrying amount and any remaining_**
**_amortisation period._**|**15.6 Revaluation**
**_If an accounting policy of revaluation is adopted, please provide:_**
**This year**
**Last year**
**_the effective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied_**
**15.7 Other disclosures**
**_the carrying amount that would have been recognised had_**
**_the assets been carried under the cost model._**
**_(i) If your intangible asset was acquired by way of grant,_**
**_provide value on initial recognition and carrying amount of_**
**_the asset._**
**_(ii) Details of the carrying amounts of any intangible_**
**_assets to which the charity has restricted title or that are_**
**_pledged as security for liabilities._**
**_(iii) Please provide the amount of contractual_**
**_commitments for the acquisition of intangible assets._**
**_(iv) State the amount of research and development_**
**_expenditure recognised as expenditure in the year._**
**_(v) Please detail the headings in the SOFA in which a_**
**_charge for amortisation of intangible assets is included._**
**_(vi) For any material intangible assets, please provide a_**
**_description, its carrying amount and any remaining_**
**_amortisation period._**|
|---|---|---|
||**This year**|**Last year**|
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
- _The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
08/05/2024
26
## **Section C Notes to the accounts (cont)**
## **Note 16 Heritage assets** _**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
|**16.2 Cost or valuation**
At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year
**16.3 Depreciation and impairments**
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
**16.4 Net book value**
Net book value at the end of the year
**(i) Explain the nature and scale of**
**heritage assets held.**
**(ii) Explain the policy for the**
**acquisition, preservation,**
**management and disposal of heritage**
**assets.**
Net book value at the beginning of the
year|**Thisyear**|**Thisyear**|**Thisyear**|**Lastyear**|**Lastyear**|**Lastyear**|
|---|---|---|---|---|---|---|
||||||||
||||||||
||**Total**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Heritage asset**
**1**
**Heritage asset**
**2**
**Heritage asset**
**3**
**Heritage asset**
**4**||||||
|||||||Straight Line
("SL") or
Reducing
Balance
~~(~~"~~RB~~"~~)~~|
||||||||
||- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -||||||
||-|-|-|-|-||
||-|-|-|-|-||
CC17a (Excel)
08/05/2024
27
## **16.5 Impairment**
## **This year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_
**This year Last year**
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period
Carrying amount at the beginning of the
period|**£**
**At valuation**
**Group A**|**£**
**At cost Group**
**B**|**Total**
**£**|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
|**(i) Explain the reason why heritage**
**assets have not been recognised on**
**the balance sheet.**
**(ii) Describe the significance and**
**nature of heritage assets.**
**(iii) Disclose information that is**
**helpful in assessing the value of**
**heritage assets.**|**This year**|**Last year**|
|---|---|---|
||||
||||
||||
CC17a (Excel)
08/05/2024
28
**(iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
CC17a (Excel)
08/05/2024
29
## **16.9 Five year summary of heritage assets transactions**
||**2015**|**2014**|**2013**|**2012**|**2011**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|||||
||-|||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
CC17a (Excel)
08/05/2024
30
## **Section C Notes to the accounts (cont)**
## **Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|**Less: impairments**
**Add: Reversal of impairments**
Carrying (fair) value at end of year
Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
## **This year: Analysis of investments**
|**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**||||
|---|---|---|---|
||**Fair value at year end**|**Cost less impairment**||
||**£**|**£**||
||-|-||
||-|-||
||-|-||
||-|-||
||-|-||
||-|-||
||-|||
## **Last year: Analysis of investments**
|**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**|||
|---|---|---|
||**Fair value at year end**|**Cost less impairment**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-||
CC17a (Excel)
08/05/2024
31
## **17.3 If your charity holds investment properties, please complete the following note:**
|**(i) Explain the methods and significant assumptions in**
**determining the fair value of investment property held by the**
**charity**
**(ii) Name or independent valuer, if applicable, and relevant**
**qualifications**
**(iii) Provide details of any restrictions on the ability to realise**
**investment property or on the remittance of income or**
**disposal proceeds**
**(iv) Explain any contractual obligations for the purchase,**
**construction or development of investment property or for**
**repairs, maintenance or enhancements**|**Thisyear**|**Lastyear**|
|---|---|---|
||||
||||
||||
||||
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**Analysis of current asset investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Total**
**Other investments**|**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **17.5 Guarantees**
|**Please explain how the guarantee furthers the charity's aims**
**Please provide details and amount of any guarantee made to**
**or on behalf of a third party**
**Name of the entity or entities benefitting from those**
**guarantees**|**Thisyear**|**Lastyear**|
|---|---|---|
||||
||||
||||
CC17a (Excel)
08/05/2024
32
## **17.6 Concessionary loans**
|**17.6 Concessionary loans**|||||
|---|---|---|---|---|
|**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Amounts receivable after more than 1 year**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_).**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information)._**
**Terms and conditions eg interest rate, security**
**provided**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**|**_Description_**||**This year £**|**Last year £**|
||||-|-|
||||-|-|
||||-|-|
||||-|-|
||**_Total_**||-|-|
||||||
||**_Description_**||**This year £**|**Last year £**|
||||-|-|
||||-|-|
||||-|-|
||**_Total_**||-|-|
||||||
||**This year**||**Last year**||
||||||
||||||
||||||
||||||
||||||
||||||
## **17.7 Additional information**
**This year Last year**
**Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.**
**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.**
**Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
CC17a (Excel)
08/05/2024
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CC17a IExcell
34
0810512024
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**Stock**
**Donated goods**
**For resale**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**This year**
**Last year**
**£**
**£**
**Work in**
**progress**
**For**
**distribution**
**For**
**distribution**
**18.2 Please specify the carrying amount of any**
**stocks pledged as security for liabilities**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**|
|---|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
|||**This year**||**Last year**||
|||**£**||**£**||
|||||||
CC17a (Excel)
08/05/2024
35
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
|**Note 19 Debtors and prepayments**
**_Please complete this note if the charity has any_**
**_debtors or prepayments._**|||
|---|---|---|
|**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||399.0|209.0|
||399.0|209.0|
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
CC17a (Excel)
08/05/2024
36
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Payments received on account for contracts or**
**performance-related grants**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|
**Amounts falling due after**
**more than oneyear**|
**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **20.2 Deferred income**
|**_Please complete this note if the charity has deferred income._**
**Thisyear**
**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**_Please complete this note if the charity has deferred income._**
**Thisyear**
**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|||
|---|---|---|---|
||**Thisyear**|**Lastyear**||
|||||
|||||
|||**This year**
**£**|**Last year**
**£**|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
CC17a (Excel)
08/05/2024
37
## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Movements in recognised provisions and funding commitment during the period**
|**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**
**21.2 Please provide:**
**Thisyear**
**Thisyear**
**- a brief description of any obligations on the balance**
**sheet and the expected amount and timing of**
**resulting payments;**
**- an indication of the uncertainties about the amount**
**or timing of those outflows; and**
**- the amount of any expected reimbursement, stating**
**the amount of any asset that has been recognised for**
**that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide details**
**of commitment made, the time frame of that**
**commitment, any performance-related conditions and**
**details of how the commitment will be funded (with**
**contracts for capital expenditure separately**
**identified).**
**21.4 Where unrestricted funds have been designated**
**to a fund commitment, please disclose the nature of**
**any amounts designated and the likely timing of that**
**expenditure.**|**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**
**21.2 Please provide:**
**Thisyear**
**Thisyear**
**- a brief description of any obligations on the balance**
**sheet and the expected amount and timing of**
**resulting payments;**
**- an indication of the uncertainties about the amount**
**or timing of those outflows; and**
**- the amount of any expected reimbursement, stating**
**the amount of any asset that has been recognised for**
**that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide details**
**of commitment made, the time frame of that**
**commitment, any performance-related conditions and**
**details of how the commitment will be funded (with**
**contracts for capital expenditure separately**
**identified).**
**21.4 Where unrestricted funds have been designated**
**to a fund commitment, please disclose the nature of**
**any amounts designated and the likely timing of that**
**expenditure.**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||**Lastyear**||
|||||
|||||
|||||
||**Thisyear**|**Lastyear**||
|||||
|||||
|||||
CC17a (Excel)
08/05/2024
38
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
|**22.1 Please provide information about the significance of**
**financial instruments (eg. debtors, creditors, investments**
**etc) to the charity's financial position or performance, for**
**example, the terms and conditions of loans or the use of**
**hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of**
**security, the carrying amount of the financial assets pledged**
**as security and the terms and conitions related to its pledge**
**should be given here.**|**This year**|**Last year**|
|---|---|---|
||||
||||
||||
CC17a (Excel)
08/05/2024
39
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
|**This year**||
|---|---|
|**Description of item including its legal nature. Please**
**describe any security provided in connection to the**
**liability.**|**Estimate of financial effect**|
|||
|||
|||
|||
## **Last year**
|**Lastyear**||
|---|---|
|**Description of item including its legal nature. Please**
**describe any security provided in connection to the**
**liability.**|**Estimate of financial effect**|
|||
|||
|||
|||
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
## **This year**
## **Last year**
**Description of item Estimate of financial effect Description of item Estimate of financial effect**
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact**
**This year Last year**
CC17a (Excel)
08/05/2024
40
## **Section C Notes to the accounts (cont)**
|**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**|||
|---|---|---|
||**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||287,619|196,482|
||-|-|
||287,619|196,482|
CC17a (Excel)
08/05/2024
41
## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
|**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of incurring a loss**
**due to a debtor not paying what is owed) , liquidity**
**risk (the risk of not being able to meet short term**
**financial demands) and market risk (the risk that**
**the value of an investment will fall due to changes**
**in the market) arising from financial instruments to**
**which the charity is exposed at the end of the**
**reporting period and explain how the charity**
**manages those risks.**
**25.2 Please give details of the amount of change in**
**the fair value of basic financial instruments**
**(debtors, creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value through the**
**SoFA that is attributable to changes in credit risk.**|**Thisyear**
**Lastyear**|**Thisyear**
**Lastyear**|
|---|---|---|
||Minimal assets so immaterial risk to the charity|Minimal assets so immaterial risk to the
charity|
||||
||
Minimal assets so no material difference to fair
value|Minimal assets so no material difference to
fair value|
CC17a (Excel)
08/05/2024
42
## **Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|**Thisyear**
**Lastyear**|**Thisyear**
**Lastyear**|
|---|---|---|
||Not Applicable|Not Applicable|
||||
||Not Applicable|Not Applicable|
CC17a (Excel)
08/05/2024
43
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|
**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**£**
**Fund**
**balances**
**brought**
**forward**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**£**
**Gains and**
**losses**|**£**
**Fund**
**balances**
**carried**
**forward**|
||||-|-|-|-|-|-|
|Child Sponsorship|R|Child sponsorship to cover direct school
costs, food and portion of school salaries &
other operational costs|10,000|112,060|- 112,060|-|-|10,000|
|Science Fund|R|Restricted funds for building science block
and ongoing science equipment / teaching|-|157,042|- 24,376|-|-|132,666|
|Other restricted funds|R|Restricted funds for school buildings and
equipment, agriculture projects & text books|24,880|36,521|- 50,025|-|-|11,376|
||||||||||
||||-|-|-|-|-|-|
|**_Other funds_**|**U**|**N/a**|161,811|176,241|- 204,076|-|-|133,976|
|**Total Funds**|||196,691|481,864|- 390,537|-|-|288,018|
CC17a (Excel)
08/05/2024
44
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**£**
**Fund**
**balances**
**brought**
**forward**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**£**
**Gains and**
**losses**|**£**
**Fund**
**balances**
**carried**
**forward**|
||||-|-|-|-|-|-|
|Child Sponsorship|R|Child sponsorship to cover school fees,
food and portion of school salaries & other
operational costs|10,000|90,721|- 90,721|-|-|10,000|
|Secondary school building costs|R|Cover building costs for Secondary School
Block 3 classroom block|-|29,066|- 4,186|-|-|24,880|
|Other restricted funds|R|Smaller funds to cover shoes, uniforms,
books, and musical instruments|3,400|948|- 4,348|-|-|-|
|||||||||-|
||||-|-|-|-|-|-|
|**_Other funds_**|**U**|**N/a**|144,891|190,655|- 173,735|-|-|161,811|
|||||||-|-|-|
|**Total Funds**|||158,291|311,390|- 272,990|-|-|196,691|
CC17a (Excel)
08/05/2024
45
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
## **This year**
|**Thisyear**|||
|---|---|---|
||**Reason for transfer and where endowment is converted to income,**
**legal power for its conversion**|**Amount**|
|Between unrestricted and
restricted funds|||
|Between endowment and
restricted funds|||
|Between endowment and
unrestricted funds|||
||||
## **Last year**
||**Reason for transfer and where endowment is converted to income,**
**legal power for its conversion**|**Amount**|
|---|---|---|
|Between unrestricted and
restricted funds|||
|Between endowment and
restricted funds|||
|Between endowment and
unrestricted funds|||
||||
## **27.4 Designated funds**
## **This year**
|**27.4 Designated funds**
**Thisyear**|||
|---|---|---|
|**Planned use**|**Purpose of the designation**|**Amount**|
||||
||||
||||
||||
||||
||||
|**Lastyear**|||
|**Planned use**|**Purpose of the designation**|**Amount**|
||||
||||
||||
||||
||||
||||
CC17a (Excel)
08/05/2024
46
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**1**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**|**£**|**£**|**£**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**1**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**||**£**|**£**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
CC17a (Excel)
08/05/2024
47
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**_enter "False"._**|||
|---|---|---|
|**No trustee expenses have been incurred (True or False)**||**_1_**|
||||
|**Type of expenses reimbursed**|**This year**|**Last year**|
||**£**|**£**|
|**Travel**|-|-|
|**Subsistence**|-|-|
|**Accommodation**|-|-|
|**Other (please specify):**|-|-|
||-|-|
|**TOTAL**|-|-|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**There have been no related party transactions in the reporting period (True or False)**
_**1**_
|**Name of the trustee or**
**related party**|
**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**|
**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|
||||**£**|**£**|**£**|**£**|
||||||||
||||||||
||||||||
||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
CC17a (Excel)
08/05/2024
48
## **Last year**
|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**_1_**|**_1_**|
|---|---|---|---|---|---|---|---|
|||||||||
|**Name of the trustee or**
**related party**|
**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**||
**Amounts**
**written off**
**during**
**reporting**
**period**|
||||**£**|**£**|**£**||**£**|
|||||||||
|||||||||
|||||||||
|||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
CC17a (Excel)
08/05/2024
49
**Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
08/05/2024
50
## **NGOKO CHARITABLE TRUST**
**TRUSTEES’ ANNUAL REPORT & ACCOUNTS YEAR ENDED 31 DECEMBER 2023**
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **CONTENTS**
||**CONTENTS**||
|---|---|---|
|**01 **|EXECUTIVE SUMMARY|1|
|**02**|WHO WE ARE AND WHAT WE DO|2|
|**03**|ACHIEVEMENTS AND PERFORMANCE|6|
|**04**|FUTURE PLANS|10|
|**05**|FINANCIAL REVIEW|12|
|**06**|ACCOUNTS SUMMARY|14|
|**07**|INDEPENDENT EXAMINER’S REPORT|16|
|**08**|STRUCTURE, GOVERNANCE AND MANAGEMENT|17|
|**09**|REFERENCE AND ADMINISTRATION DETAILS|19|
|**10**|ACKNOWLEDGEMENTS|20|
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **01 EXECUTIVE SUMMARY**
**2023 was another exciting year for Lesedi. Secondary school construction neared completion, and we were humbled by one incredible donation to build a science teaching block. The Secondary continued to expand with Form 3 starting in January 2024 with our first graduates due to complete their final exams in December 2025. Great progress was made in agricultural and other vocational skills.**
Financially we had a very positive year with our highest ever annual level of donations received. We generated a net surplus of £91k in the year primarily driven by the science block donation.
The journey continued:
- Lesedi Primary School had 388 children enrolled at 31 December 2023.
- Special needs teaching continued to be offered for 19 primary kids.
Our achievements have only been possible due to the fabulous team we have at Lesedi and the ongoing support and generosity from our wider Lesedi family who continue to provide essential financial and moral support. A huge and heartfelt “Thank You!” to everyone on this journey with us.
- Our Grade 7 exam pass rate was 62% vs 91% in 2022 / 63% in 2021.
- The core infrastructure for teaching Secondary Forms 1 to 4 was completed with two further double classroom blocks and four teachers’ cottages. Well-done Benson, builders and funders!
**----- Start of picture text -----**
Graeme, Benson and Fiona
**----- End of picture text -----**
- Construction started on a science teaching block (Chemistry and Biology lab, plus prep and support areas) following a very generous $200,000 single donation.
- We further expanded our sponsorship program such that at December 2023 380 kids were sponsored (+25 on Dec 22)
- We provided over 150,000 school meals during 2023
- The clinic continued to expand its programs across a wide area.
**1 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
**Ngoko Charitable Trust is run by three committed volunteers, who are striving to reduce poverty in rural Zimbabwe through provision of quality education and healthcare. The Trust’s main project is Lesedi Schools & Clinic situated in a rural area near Victoria Falls. Lesedi Primary and Secondary School is educating 450 local children, most of whom are supported through our sponsorship programme. Lesedi Clinic provides affordable, accessible healthcare to the surrounding communities.**
## **About Us**
The trustees of the Ngoko Charitable Trust are Fiona & Graeme Thompson and Benson Siyawareva. Fiona and Graeme are based in the United Kingdom and Benson lives in Victoria Falls, Zimbabwe. The three of them met on safari 20 years ago and have remained firm friends ever since. Benson and Fiona founded a safari company, Ngoko Safaris, together in 2005.
## **Our Charitable Objective**
The purpose of the Ngoko Charitable Trust is the prevention or relief of poverty in Zimbabwe by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
Benson grew up in rural Zimbabwe and knows first-hand how challenging it can be for children in rural communities to break out of poverty. In 2013 he became involved with the Ntabayengwe community, who live in a rural area near Victoria Falls. He realised that many children were dropping out of school and decided he needed to help.
Fiona and Graeme had always talked about “making a difference” so the three of them teamed up to transform Benson’s dream into a reality.
As we commenced our journey, none of us could have envisaged the incredible support we would receive along the way, enabling us to transform our dreams into reality. The Ngoko Charitable Trust was registered in 2015 to support our work.
What started as a small project in our spare time, has grown to take over our lives. Despite this, our passion to make a difference is stronger than ever and we are constantly inspired to do more to help those who through chance of birth need a helping hand to break out of the cycle of poverty and achieve their potential.
The responsibility for being custodians of this project are immense. We have started to look to the future and to how we can make Lesedi sustainable beyond the three of us. We have set up a local Trust in Zimbabwe, the Ngoko Trust and are looking at how we can continue to improve the long-term governance of the project.
**2 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
## **Lesedi Project Background**
The Ntabayengwe community, and other neighbouring communities, live in scattered homesteads just 15-20 minutes’ drive from Victoria Falls. Despite being relatively close to town, the daily existence could be from another world. Most families survive by cattle raising and subsistence farming on the infertile Kalahari Sand soils. Human-wildlife conflict is rife as the area is adjacent to the Zambezi National Park and Jafuta Forest, so cattle are often taken by lions.
The people in this area are often poorly educated with low aspiration levels and limited role models. Prior to Lesedi, the nearest local school was many kilometres away. Children were often absent or dropped out of school altogether. Many parents, unable to pay school fees, preferred their children to remain at home to help with household chores. Alcohol dependence was an issue, with some households engaged in the illegal moonshine business. Many families are
dealing with ill health, including HIV and AIDS.
The cycle of poverty in these communities has persisted for generations and there was little hope for improvement without outside intervention.
## **Lesedi Primary School**
Our project started with construction of a simple shack to offer classes to pre-school children, with the initial intake of kids, our “pioneer” students, enrolling in 2014.
Thanks to the generosity of our everexpanding Lesedi family, development has continued year on year and Lesedi Primary School now offers a full infant and junior education. Infant education consists of four years of schooling from Early Childhood Development (ECD) A to Grade 2. Junior education comprises five years from Grade 3 to Grade 7.
At the time of writing 281 children are enrolled at Lesedi Primary – 146 boys and 135 girls.
**----- Start of picture text -----**
Lesedi Primary School
**----- End of picture text -----**
**3 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
We employ twelve teachers at the Primary school, with all salaries funded by
donations through the Trust. A new special needs teacher joined in 2022.
Eighteen individuals from the local community also support the project as a clerk, cooks, groundsmen, watchmen and helpers across all three sites.
The school is equipped with laptops, and we have a dedicated teacher for Information & Communication Technology (ICT), enabling the children to become digitally literate from a young age.
Lesedi is connected to mains electricity and water supply, although most water is supplied by a borehole. The school also has internet. These are considerable achievements considering the school’s rural location.
## **Lesedi Secondary School**
Given the lack of high-quality Secondary education in the area, the decision was taken in 2020 to build a Secondary school on the Lesedi site.
The Trustees were keen that the school offered vocational and IT subjects, which is rare to find in rural schools in Zimbabwe.
During 2021, major construction works took place and in early 2022 67 students were enrolled in Form 1 with an even split from Lesedi Primary and other local primary schools.
The school is offering 10 subjects at Form 1 and 2. Core subjects of Mathematics, General Science, Ndebele, English, Geography, History, Physical Education and IT. Students choose two of four subjects from Food, Metal and Woodwork technology and design, and Agriculture.
Seven teachers were employed during the year, and this grew to twelve teachers by January 2024 when Form 3 commenced.
Initially support resources are being shared across both Primary and Secondary to minimise cost.
The Secondary school was formally annexed to Mosi-oa-Tunya Secondary school (the main 1,600+ pupil school in Victoria Falls town) for registration purposes
**----- Start of picture text -----**
Lesedi Secondary School
**----- End of picture text -----**
**4 |** P a g e
Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **02 WHO WE ARE AND WHAT WE DO**
but Lesedi Secondary achieved its own standalone registration in May 2024.
Our pioneer students moved up to Form 3 in January 2024 and at the time of writing 175 children are enrolled at Lesedi Secondary - 99 boys and 76 girls.
## **Lesedi Clinic**
Having started the project at Lesedi, we soon realized that healthcare was a major problem. The nearest public clinic was far from Lesedi, with transport costs unaffordable for most. Health issues were often ignored, or a traditional healer visited instead.
Building a clinic at Lesedi – along with various ancillary buildings – was a hugely ambitious project but despite the challenges, Lesedi Clinic opened to the community in March 2020.
Lesedi Clinic provides local, affordable healthcare, antenatal care and
vaccinations. The clinic and school work closely together to monitor the welfare of our learners and provide ongoing treatment as necessary.
Along with the clinic, we have also built a maternity waiting-home for expecting mothers to stay during the final weeks of pregnancy.
We employ two nurses at the clinic, along with two nurse-aides and support staff. We also employ a doctor for weekly clinics. All costs are funded by donations to the Trust.
## **Other projects**
Given our charitable objectives, we would support projects outside of Lesedi and have provided some capital funds to help improve a clinic near Jerara, Zaka District in south-eastern Zimbabwe. However, given resources constraints we will likely be primarily focussed on Lesedi for the foreseeable future.
**----- Start of picture text -----**
Lesedi Clinic
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Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
**The Primary School is now at a mature stage offering nine grades of high-quality teaching with special needs support added in 2022. The Secondary School’s core construction phase was completed in 2023 with the facilities in place to teach Forms 1 to 4. The Clinic continued to deliver quality health care to surrounding communities.**
## **Background**
The economic situation in Zimbabwe remains very precarious.
It is estimated that over 90% of Zimbabweans work in the informal economy, with many living hand to mouth. People have resorted to growing food on every spare patch of land and making money where they can to survive.
The local community is very reliant on the tourism industry which is slowly recovering post pandemic.
High inflation (over 500% pa) is impacting Zimbabwe and with such low incomes it has a terrible effect on families.
This financial pressure has continued to result in a big increase in the number of families being forced to leave the area in search of work.
It is sad when we lose learners, and we try to track “our” children where possible. We have hugely appreciated our sponsors who have kindly transferred their resources (and love) to new Lesedi children.
## **10 Year Milestone**
In December 2023, the directors, staff and children celebrated Lesedi’s ten-year anniversary.
The transformation has been incredible. Starting with one pre-school class in a concrete shack, our “pioneer students”, Lesedi School is now a well-equipped school campus with 450 pupils. Lesedi Clinic is providing essential health services
to the school children and wider community.
This is a special milestone in Lesedi’s life and a proud achievement since that first concrete shack – we now have 12 primary and 8 secondary classrooms, 4 vocational workshops, ablution blocks, a beautiful clinic, a huge dining/community hall, teachers’ and nurses’ cottages, plus all the infrastructure (boreholes and water tanks, mains electricity, roads, Wi-Fi etc).
There is still so much more for us to do. The challenging situation in Zimbabwe means that we must work harder to ensure that the community we serve receives the best education and health support possible.
## **Lesedi Clinic**
The Lesedi Clinic opened in March 2020.
The clinic is privately registered but operates as a local community clinic, providing care to the whole community.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
Our team works closely with local health officials to support their vital work.
Patient numbers have continued to increase during 2023. The clinic is already having a hugely positive impact, providing welfare support to the Lesedi children and becoming a valuable resource within the wider community.
Sister Irene and the rest of the nurses do a fabulous job in keeping the clinic as financially sustainable as possible with affordable consultation and prescription charges.
The clinic offers a full vaccination programme at Lesedi. The Zimbabwe Expanded Programme on Immunization (EPI) aims to reduce vaccine preventable diseases. Targeted mostly at the under-5s, vaccines protect from Tuberculosis, Hepatitis B, Diphtheria, Tetanus, Pertussis, Meningitis, Polio, Pneumonia etc. The clinic is also giving the HPV vaccine to girls aged between 10-14 years for prevention of cervical cancer. There is no charge for any of the vaccination services.
During 2023 there was also a dedicated polio vaccination campaign following an outbreak of the disease in Harare.
In addition to serving the wider community, Lesedi Clinic provides a vital health resource for our Lesedi learners.
Our learners with long term health conditions, such as diabetes, cerebral palsy, epilepsy and sickle cell anaemia are all under the care of the clinic.
In December 2023, 367 learners and teachers had eye screening by experts from the Eyepod Clinic in Victoria Falls with a number receiving follow up treatment / spectacles, all funded via the Trust.
## **Lesedi Primary School**
The school and the pupils are recovering from the significant time lost due to Covid lockdowns during 2020 to 2022.
The Primary school **Grade 7 exam results,** after a very positive 2022, were mixed.
The overall pass rate for Lesedi learners was 62% vs 91% in 2022 / 63% in 2021.
Unfortunately, we had a few children who had dropped behind and would have benefitted from special needs support but only had limited time to catch up.
One real positive in the year was the recommencement of broader extracurricular activities which are so important for a child’s growth. The school did particularly well in sports, choir and chess competitions against local schools.
## **Lesedi Secondary School**
During 2023 a further two double classroom blocks and four teachers’ cottages were completed. We now have all the infrastructure needed to teach up to the end of Form 4 / “O” levels.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03 ACHIEVEMENTS AND PERFORMANCE**
Significant investment in **equipment** was also made which covered $32k for computers and better Wi-Fi, equipment for the vocational subjects and science and a many text/workbooks. Desks, stools and chairs for Form 2 and 3 were hand made by local craftsmen providing much needed local employment.
Following recruitment of an energetic new agriculture teacher Mr Nyere, we were able to significantly expand our **agricultural projects.** The vegetable field was expanded and covered, the chicken run was properly put into operation and a new piggery was built with biogas for heating / lighting. As well as providing amazing hands-on learning experiences for the kids, the produce will supplement the school diet and generate extra funds.
Construction started on a **science teaching block** (Chemistry and Biology lab, plus prep area) following a very generous $200,000 single donation.
Having these facilities in a rural school in Zimbabwe is a real privilege which when combined with high quality vocational and IT workshops means that we will have the facilities to teach a broad and highquality curriculum.
At the time of writing, we have three Forms at the Secondary teaching 175 learners.
Seven secondary teachers were employed in 2023 with five more teachers joining in January 2024 as we started teaching the Zimsec level subjects from Form 3.
The Secondary school is very much work in progress but to have delivered what we have in four years (including two years disrupted by lockdowns) has been a huge success and we are massively thankful to Benson, the builders, the teachers, and everyone involved.
## **Child Sponsorship**
At the time of writing, 421 of the 456 children enrolled at Lesedi Primary and Secondary Schools are sponsored. The slow but steady increase in new sponsorships is especially pleasing given limited tourist group visit the school.
Without sponsorship, it is likely that many of our learners would not be regularly attending school, and certainly wouldn’t have expectations to continue past their primary education. Our school meals are crucial to the welfare of many children, and for some the access to healthcare is proving to be a lifeline. For the charity, the sponsorship program provides much needed longer term financial security and engagement with a wider supporter base.
The $360 per child per year sponsorship income is intended to cover school fees, two hot meals a day, uniform and a contribution to our welfare fund. An
allocation is also made towards paying part of the teachers’ salaries and other direct costs, with the charity directly paying for the remaining balance. In 2023, the sponsorship was able to cover 49% of
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **03**
##
the salaries, food and other direct operating costs (2022: 39%)
This higher support from sponsorship is partly driven by the difficult decision to increase our annual sponsorship rates to
$360 from 1 January 2023. We lost several sponsors because of this increase, but we are incredibly grateful to most donors who could continue to support us at the increased rate.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **04 FUTURE PLANS**
**Our next major milestone will be when our pioneer students graduate from Lesedi in December 2025 – 12 years after we all started together! The Secondary School focus will be hitting this milestone with all the teachers, equipment and hard work required. The Primary School remains focussed on fine tuning so that we can deliver sustainable, improved results and ensure every child can do the basics well. For the Clinic it is all about making an even bigger positive impact.**
**However, our immediate concern is that the rains have been very poor over the last few months and Zimbabwe faces drought and starvation during 2024. This overshadows all that we are trying to deliver, and we must do all we can to help our learners and the community through this.**
## **Lesedi Primary School**
The Primary School is now operationally complete, with our final year – Grade 7 – completed in 2021. We now have a full complement of excellent teachers now also with special needs help and support staff working in quality facilities.
We need to ensure that we can deliver consistently high exam Grade 7 exam results and ensure that everyone leaves with good reading, writing and maths.
## **Lesedi Secondary School**
We are still very much in the work-inprogress on the Secondary school.
2024 will be focussed on delivering Form 3, the first year of the final two years leading up to the final Zimsec examinations in late 2025.
Construction is near completion with the Science Block expected to be finished by the middle of 2024. Additional buildings are needed (eg library and a music room) but the core structures are now in place.
Significant investment is still required in equipment, books, furniture etc.
A permanent Head Teacher, Lucy Chimbani, was appointed in May 2024 and is now providing strong leadership at the school. We need to review our teaching and other resources given the huge growth in the last 3 years and ensure that we are optimised for delivering high quality teaching up to Form 4.
For cost efficiency, we will share capacity and resources across Primary and Secondary as much as possible eg: dining & sports facilities.
## **Lesedi Clinic**
The Clinic will continue to be a major focus as it continues to expand its usage and community engagement. The team are doing an amazing job and have made the operations sustainable. The focus now is helping more people, delivering all the health needs for their catchment area.
## **Water / food supplies**
The provision of water and food to the schools and clinic is always very difficult in such a dry and remote area. The very poor rains in early 2024 are likely to make this position even more difficult for the next 12+ months with boreholes drying out and food becoming scarce. The local community has
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **04 FUTURE PLANS**
been unable to grow their crops so starvation will become a real issue.
As a small charity 100% supported by private donations there is clearly a limit to what we can do to help. Our focus will be on providing adequate food and water to our learners and our staff, and where possible providing extra help (eg: possibly providing food during the holidays if we can raise additional funds and secure the supplies to do so).
## **Other projects**
With the focus on the secondary school there is no intention currently to spend material resources on other non-Lesedi projects. Clearly if a situation does arise, we can afford it after Lesedi needs and it would make a big difference in line with our charitable objectives then we would consider supporting.
## **Fundraising**
All of this requires money. We have been incredibly successful fundraising with over $2.5 million now raised for the project. However, we need to keep increasing our income each year to keep up with the growth in ambition and students.
The sponsorship program is essential. As well as providing the friendships and connections, financially it makes both schools affordable to fund from more ad-hoc donations.
We need to find 35 more sponsors for the new 2024 intake and a further 60-70 in 2025. The is a huge undertaking and we are so thankful to our amazing supporters who have taken on more sponsorships and spread the word.
Sponsorship income is currently $12k per month, but our outgoings are now over $20k per month (salaries $13k, food $5k, utilities / other essential $2-5k pm). We therefore
continue to rely on additional monthly or adhoc donations to cover the shortfall.
## **Governance**
Following the creation of the Ngoko Trust we will continue to improve on the charity governance.
A key element to this is succession planning and widening of the Trusts leadership beyond its three founders. There isn’t a quick solution, but the trustees are aware of this issue and will ensure longer term plans are put in place.
We still have no administration costs in the UK from the running of the charity as we want to maximise the end $ donation on the ground. Any UK admin costs and travel / other costs from trips to Lesedi by the trustees are all personally paid for.
Overall, we have very clear plans for the next few years but will keep the flexibility to ensure we grow as required. There are huge challenges to overcome but given our experience of the last 10 years and the wonderful Lesedi team we have, staff and supporters, we are confident of delivering on our ambitions.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **05 FINANCIAL REVIEW**
**The funding position during 2023 has improved with our highest recorded income level driven by a large $200k one-off restricted income donation to fund a science teaching block. Significant expenditure was incurred on two double classrooms, teachers’ cottages and equipping the Secondary School. Operational costs increased in 2023 due to the growth in the Secondary School but spend at the Primary and the Clinic was well controlled at broadly 2022 levels.**
A summary of our financial position is shown in **Section 06 Accounts** on pages 14 and 15.
Here we provide a brief narrative of the story behind the figures.
As before we account for our income and expenditure into two separate funds:
- Restricted: this ring fences income and costs allocated to a specific program (e.g. sponsorship) or project (e.g. Secondary school construction);
- Unrestricted: income that is not restricted can be spent freely on relevant charity costs.
## **Income**
## **1. Financial Donations**
Most of our donations are from individuals, many of whom have visited the school and experienced first-hand the difference the project is making. Many of our donors have now generously supported the project for many years.
Every donation makes a difference, no matter how large or small. 100% of each donation we receive is spent directly on developing and supporting Lesedi with zero administration costs in the UK.
aid) per month following a rate increase from 1 January 2023.
Sponsorship income funds food and welfare costs for all sponsored pupils. A contribution is also made to teachers’ salaries and other school operating costs. We hold a buffer of £10,000 of sponsorship money at the end of each year to ensure that sufficient cash flow is available.
## **Payments**
## **1. Building costs**
Major projects during the year included: Two secondary classroom blocks (£49k) Four secondary teachers’ cottages (£46k) Start on secondary science block (£24k) Piggery and other agricultural works (£13k)
## **2. Teachers’ Salaries**
The charity funded the salaries of nineteen teachers during the year, three more than 2022 due to growth in secondary teachers.
## **3. Food and operational costs**
This covers the costs of food, utilities and other direct costs of running both schools. It also includes costs of uniforms, welfare and medical costs incurred.
## **4. School Furniture & Equipment**
## **2. Child Sponsorship**
Our child sponsorship program was introduced at the end 2017. The cost of sponsorship was US$30 or £25 (£20 plus gift
For the Primary this primarily relates to schoolbooks, plus some school supplies.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **05 FINANCIAL REVIEW**
The significant secondary spend (£49k) primarily covered the costs of computers and internet upgrades (£25k), desks, chairs, stools, text books and vocational equipment.
## **8. Trustee Renumeration**
No trustee remuneration was paid in 2023 or 2022.
## **Balance Sheet**
## **5. Other School Costs**
Other costs relate to fuel, transport, internet, telephone and other sundries.
## **6. Clinic operational costs**
Clinic salaries cover the salaries of 2 nurses, 2 nurse-aides plus a doctor and support staff.
## **7. Loss on Exchange**
The 2023 accounts show a loss on exchange of £10,825 (2022: profit £18,463). As a UKregistered charity, we report in Sterling. However, on a day-to-day basis we generally work in US Dollars (USD). Donations received from the US are remitted to the project in USD. Our costs in Zimbabwe are primarily paid in USD. Converting the accounts into Sterling at the year-end results in a profit or loss on exchange depending on the change in the exchange rate during the year. It does not necessarily mean that a profit or loss has been realised.
At the year end the charity was holding net monetary assets of £288,018. This was predominantly being held in US Dollars.
£154,042 of the net monetary assets at the year-end were restricted funds representing the science block fund (£132,666), the balance on the sponsorship fund (£10,000) plus funds for equipment and agriculture projects.
The amount of Unrestricted funds at 31 December 2023 was £133,976.
£60,000 will be held in reserve to cover salaries, in line with our Reserves Policy.
The balance of around £78,000 will cover equipment and ongoing running costs.
## **Reserves Policy**
Salaries form the bulk of our nondiscretionary spending commitments and our policy is to keep a minimum of 6 months’ salary cost in reserve in addition to amounts allocated to restricted funds.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **06 ACCOUNTS SUMMARY**
## **Summary of Financial Activities**
|**Income:**
Donations
Sponsorship income
**Total income**
**Expenditure on charitable**
**activities:**
**Building costs**
**Primary operational costs:**
Salaries
Food & school operational costs
School furniture & equipment
Other school costs
**Secondary operational costs:**
Salaries
Food & school operational costs
School furniture & equipment
Other school costs
**Clinic operational costs:**
Salaries
Equip, medicines & consumables
Other clinic running costs
**Local administration costs**
**Bank fees**
**Loss/(Profit) on exchange**
**Total expenditure**
**Net movement in funds **
**Reconciliation of funds:**
**Total funds brought forwards**
**Total funds carried forwards**|**Year to 31 December 2023**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
176,241
193,563
369,804
-
112,060
112,060
**176,241**
**305,623**
**481,864**
**72,496**
**62,557**
**135,053**
30,659
29,327
59,986
-
41,037
41,037
1,495
1,431
2,926
7,111
6,802
13,913
**39,265**
**78,597**
**117,862**
17,410
16,654
34,064
-
16,329
16,329
37,135
11,844
48,979
502
480
982
**55,047**
**45,307**
**100,354**
17,893
-
17,893
1,164
-
1,164
3,206
-
3,206|**Year to 31 December 2022**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
190,655
30,014
220,669
-
90,721
90,721|
|---|---|---|
|||**190,655**
**120,735**
**311,390**
**61,039**
**4,187**
**65,226**
34,585
22,389
56,974
-
41,253
41,253
3,282
2,124
5,406
9,120
5,905
15,025|
|||**46,987**
**71,671**
**118,658**
10,664
6,903
17,567
-
15,593
15,593
43,188
-
43,188
1,390
901
2,291|
|||**55,242**
**23,397**
**78,639**
18,180
-
18,180
4,054
-
4,054
1,544
-
1,544|
||**22,263**
**-**
**22,263**
1,702
-
1,702
2,478
-
2,478
10,825
-
10,825
**204,076**
**186,461**
**390,537**
**(27,835)**
**119,162**
**91,327**
161,811
34,880
196,691
**133,976**
**154,042**
**288,018**|**23,778**
**-**
**23,778**
1,955
-
1,955
3,197
-
3,197
(18,463)
-
(18,463)|
|||**173,735**
**99,255**
**272,990**|
|||**16,920**
**21,480**
**38,400**
144,891
13,400
158,291|
|||**161,811**
**34,880**
**196,691**|
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **06 ACCOUNTS SUMMARY**
## **Balance Sheet as at 31 December**
|**Current Assets:**
Debtors
Cash at bank and in hand
**Total net assets**
**Funds of the Charity:**
Restricted Funds
Unrestricted Funds
**Total funds**|**2023**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
399
-
399
133,577
154,042
287,619
**133,976**
**154,042**
**288,018**
-
154,042
154,042
133,976
-
133,976
**133,976**
**154,042**
**288,018**|**2022**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
209
-
209
161,602
34,880
196,482|
|---|---|---|
|||**161,811**
**34,880**
**196,691**|
|||-
34,880
34,880
161,811
-
161,811|
|||**161,811**
**34,880**
**196,691**|
## Note:
The accounts are prepared in accordance with the Statement of Recommended Practice for Charities (SORP 2015) and applicable accounting standards (FRS102).
A full copy of the accounts is available on the website: https://lesedizim.org/news/
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **07**
##
I report to the trustees on my examination of the accounts of the Ngoko Charitable Trust (the “Trust”) for the year ended 31 December 2023.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
## **Responsibilities and basis of report**
As the charity 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 Trust’s accounts carried 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 examiner’s statement**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England & Wales.
- accounting records were not kept in respect of the Trust 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.
Colin Hoare Accountancy Services Ltd Chartered Accountants 10 The Green Cheddington Buckinghamshire LU7 0RJ
Dated 01[st] August 2024
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **08**
##
**Ngoko Charitable Trust is an unincorporated Trust, constituted under a Trust Deed dated 25 May 2015 and is a registered charity (registration number 1163965).**
## **Public Benefit**
The Trustees confirm they have complied with the duty in the Charities Act 2011 to have due regard to the Charity
Commission’s guidance on public benefit which addresses the need for all charities’ aims to be, demonstrably, for the public benefit.
Ngoko Charitable Trust fulfils the public benefit by the relief of poverty, and improvement of poor education and health outcomes for children and their families. Details about the specific programmes pursued can be found earlier in this report.
## **Appointment of Trustees**
There must be at least 3 trustees. Apart from the first trustees, every trustee must be appointed for a term of 3 years by a resolution of the trustees passed at a special meeting. The current trustees are all founding trustees of the Charity and hold office for the following periods:
Fiona Thompson ............. 3 years to 2026 Benson Siyawareva …… 3 years to 2025 Graeme Thompson ....... 3 years to 2024
In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity.
All trustees give their time freely and no trustee remuneration has been paid.
## **Organisational Structure**
The management of the Charity is split between the UK and Zimbabwe.
Benson Siyawareva, in Zimbabwe, is the driving force behind the establishment of Lesedi and manages all the projects and development locally.
The Ngoko Trust, a trust set up in Zimbabwe on which Benson is a trustee, is the registered owner of the schools and clinic, and employs the teaching staff and nurses.
In the UK, Fiona Thompson, handles administration of the sponsorship program. Graeme Thompson manages the finances. Fundraising and communication with supporters is a joint effort.
Lesedi Primary School is being led by our excellent headmistress, Mrs A. Mutori, who is highly experienced and ambitious for the educational standards at the school. The Secondary school since May 2024 has been led by the wonderful Lucy Chimbani.
In December 2023, the Primary school had twelve teachers and the Secondary seven teachers. Eighteen support staff from the local community support Lesedi as cooks, groundsmen, watchmen and helpers. Many locals have also been involved in all the construction projects.
A school advisory council oversees the day to day running of the Primary school. The council comprises of five village elders plus the school principal. The village elders are appointed by the community. The committee is overseen by a school Board of Directors, which includes Benson Siyawareva as Chairman. In addition, the Secondary School has its own Development committee.
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **08 STRUCTURE, GOVERNANCE & MANAGEMENT**
Lesedi Clinic is in the capable hands of our matron-in-charge, Sister Irene, and nurse, Sister Nhondova, along with two nurse-aides and support staff. Dr Gwenhamo provides weekly consultations and supervision.
The Trustees oversee the day-to-day activities at the school and clinic.
## **Risk Management**
The Trustees actively review any major risks which the Charity faces on a regular basis and believe that we have appropriate procedures and controls to identify and mitigate against risks we are exposed to.
## **Adoption of the Annual Report**
The trustees declare that they have approved the annual report and accounts.
Signed on behalf of the charity’s trustees.
Graeme Thompson
Treasurer
01[st] August 2024
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **09 REFERENCE & ADMINISTRATION DETAILS**
## **Charity name**
Ngoko Charitable Trust
## **Charity number**
1163965
## **Principal Address**
28 Station Road Tring Hertfordshire HP23 5NG
## **Trustees**
Benson Siyawareva Fiona Thompson Graeme Thompson
## **Independent Examiner**
Colin Hoare Accountancy Services Ltd 10 The Green Cheddington Buckinghamshire LU7 0RJ
## **Bankers**
Barclays Bank PLC
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Ngoko Charitable Trust
Trustees’ Annual Report & Accounts 2023
## **10 ACKNOWLEDGEMENTS**
**A huge thank you to all our financial supporters some of whom have made some very large donations that have allowed us to complete the Secondary school and fund a new science teaching block. We offer our thanks to everyone who is on this journey with us. Our achievements to date would not have been possible without your generous support.**
All our funding comes from donations by private individuals, with many of our supporter’s kind enough to remember us in their charitable giving year after year. Each donation is valued, from a few dollars to buy a birthday gift for a sponsor child to the uniquely overwhelming donations we receive - to drill a borehole, build a classroom block or renovate a clinic. Just as vital are the donations that enable us to pay salaries and day to day running costs.
A donation is a gesture of generosity but also one of trust. We are honoured by the trust you place in us and very aware of our responsibility to spend your donations wisely – and in full – as instructed or where they are needed most.
While financial donations fund all our projects, it is love that gives Lesedi its heart. Thank you to all our child sponsors whose love and caring means the world to the Lesedi children and their families.
A school is only as good as its teachers, and a clinic is only as good as its nurses. We thank them for their dedication.
We extend our sincere gratitude to everyone who has provided support to Lesedi and the Ngoko Charitable Trust. Your support is heart-warming and an inspiration to us all.
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