Berry Hill, Guy Lane, Troutbeck, Windermere, Cumbria, LA23 1PL w Email: elliot@noahinitiative.org ## **Annual Report of the Trustees for year ending December 31[st] 2021.** The Noah Initiative is Registered Charity in the UK under Registration no. 1164099 ## **General Information** **Trustees:** David Neale (Chair) Andrew Blackman Jonathan Bowyer Daniel Eduardo **Founder and CEO:** Elliot Berry **Book keeper:** Helen Greenbank **Bank:** Cumberland Building Society. 18 Main Rd, Windermere LA23 1DY, UK **Contact details:** www.noahinitiative.org elliot@noahinitiative.org Berry Hill, Guy Lane, Troutbeck, Windermere, Cumbria, LA23 1PL UK **Legal status:** The Noah Initiative is a registered Incorporated Charitable Organization; charity number 1164099. Registered in October 2015. 2 # **Noah Initiative: Providing youth with the skills and knowledge to battle life’s storms** **Director’s Summary** 2021 has been a year of gradually getting back to what we love most, now that most of the Covid 19 Pandemic measures have been lifted. The Noah Initiative currently supports 48 young people and 46 adults through both our youth empowerment and community development programs. The Kenyan school year is still being compressed to try and catch up on lost time due to the pandemic and we are actively supporting our students through that. As well as our enrolled students we are also taking our message of hope into schools and institutions, broadening our beneficiary base. Fundraising has been an uphill struggle during the pandemic and the subsequent cost of living crisis. Inflation coupled with Kenyan elections have made times very hard for most Kenyans, and many in Britain are also facing financial challenges. To underpin future fundraising efforts we are now working with a specialist fundraising agency. 3 My sincere thanks to all who have continued to support us during these challenging times. ## **Elliot Berry The Noah Initiative Director** ## **Trustees’ Summary** As trustees we have a duty to act within The Noah Initiative’s interest of providing grants to promote education and help eradicate poverty. We are happy to report that this has continued throughout 2021. We have close oversight of The Noah Initiative’s and Noah Society’s activities and finances and can report that they are in good order and managed in accordance with appropriate laws and regulations. We have regular contact with the management of The Noah Initiative and with the management and Board of The Noah Society, our main beneficiary. Safe guarding policies are in place and are regularly reviewed. The work in Eldoret is transformational for those supported by the programme. The last two years have been very challenging due to the pandemic, but we are proud of the work done by the great team on the ground in adapting to find ways to support the boys, their families and their communities. Whilst the main focus remains on the young people supported by the programme, many others in the community have been helped and supported through these difficult times. We remain extremely grateful to all existing and new donors, supporters and governmental agencies for enabling this truly life-changing work to continue. Thank you for partnering with us. ## **David Neale Chair of Trustees - The Noah Initiative** ## **July 2022** 4 11 111ons,Mc.i?,. CHARITY COMMISSION FOR ENGIAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of THE NOAH INITIATIVE On accounts for the year ended 31- DECEMBER 2021 Charity no {if any) 1164099 Set out on pages AThACHED PAGES ?nw.ter to inciiyJ6 the pège DumbÈrs tsf &ddit:'ofial siealsi I report to the trustees on my examination of the accounts of the above charty 1.the Trust") for the year ended 31 12 ZOZI . Responsibilties and basis of report As the chartty's trustees, you are responsible for the preparation of the accounts in accordance wrth the requirements of the Charities Act 2011 ("the Act'i. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Chanty Commission under section 145(5)(b) of the Act. Independent examiner's ststement I have completed my examination. l =onfirm that no material matters have come to my attention in connection wtth the examination tothep 1gelts￿ whith gives me cause to believe that in, any material respect: the accounting records y￿re not kept in accordan￿ with section 130 of the Charilies Act: or the accounts did not accord with the accounting records.. or the accounts did not comply with the applicable requirements con￿mIng the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part of an indeFendent examination. I have no con￿M$ and have come across no other matters in connection wrth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 29-OG -ZL Name: Relevant professional qualificationls) or body IER Oct 2018 {rf any): Address: 3 I Lp(￿J)£￿￿c￿ CLOSC GU￿201Pt LR* q Section B Disclosure Only complete If Ihe examinei needs to highlight material matters of concern {see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief detsils of any items that the èxaminerwishes to disclose. IER Oct 2018 |**CLOSING BANK BALANCE - 31st DECEMBER 2021**|**EXCESS OF EXPENDITURE OVER INCOME**|**OPENING BANK BALANCE - 1st JANUARY 2021**|**BALANCE SHEET- 31st DECEMBER 2021**|**THE NOAH INITIATIVE- REGISTERED CHARITY NO. 1164099**||~~**90763.58**~~
~~**77037.94**~~
~~**90763.58**~~|**0.00**
**EXCESS OF EXPENDITURE OVER INCOME**
**21454.27**
**12356.04**
**EXCESS OF INCOME OVER EXPENDITURE**|**90763.58**
**TOTAL INCOME**
**55583.67**
**78407.54**
**TOTAL EXPENDITURE**|0.00
UK Government Grants - JRS
9727.83|4347.36
Fundraising & Donations
3576.38
Administration|1786.73
Gift Aid
2963.46
2035.46
Staffing and Professional Fees|63949.49
Grants and Trusts
20067.00
24157.35
Expenses in Kenya|20680.00
Student Sponsorship
19249.00
52214.73
Kenya Grants|**£**
**£**
**£**|**2020**
**INCOME**
**2021**
**2020**
**EXPENDITURE**|**INCOME & EXPENDITURE ACCOUNT FOR THE PERIOD 1st JANUARY TO 31st DECEMBER 2021**|**THE NOAH INITIATIVE- REGISTERED CHARITY NO. 1164099**| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |~~**9998.59**~~|**-21454.27**|**31452.86**||||||||||||**£**|||| |||||||~~**77037.94**~~|**0.00**|**77037.94**||406.61|17586.83|7712.50|51332.00|**£**|**2021**||| **NOTES TO THE INCOME AND EXPENDITURE ACCOUNT** ## **DONATIONS** |**DONATIONS**|| |---|---| |**2020**
0.00
APP Giving
0.00
CAF - Scott
1655.40
Crossgate Church
1214.40
English Lakes Hotel
0.00
Forger Euro - Julie Barton
1800.00
Lakes Christian Centre Ltd
13000.00
Lancaster Foundation
4000.00
Open Arms International
719.69
PayPal Charitable Giving
1140.00
Stewardship Donations
12000.00
The Grace Charitable Trust
0.00
The Jerusalem Trust
6050.00
The Message Trust
20000.00
The Shepherds Charitable Fund
350.00
Zoom Zoom Trust
2020.00
Other Donations
~~63949.49~~|**2021**
1383.00
250.00
1000.00
0.00
100.00
2000.00
0.00
0.00
42.00
1242.00
10000.00
1000.00
2800.00
0.00
250.00
740.00| ||~~20807.00~~| ## **UK GOVERNMENT GRANTS** |JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
JRS -Furlough Scheme
0.00|1165.71
1152.00
1126.96
1218.46
1097.14
1218.46
1030.91
834.55
883.64| |---|---| ||**9727.83**|