## **Trustees’ Annual Report for the period** **From:** 01 January 2020 **To:** 31 December 2020 **Charity name:** Foundation for Refugee Economic Empowerment **Charity registration number:** 1164143 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To provide relief and assistance to internally
displaced persons (IDPs) mainly in Nigeria-but
not exclusively-who are the victims of war or
natural disaster, trouble, or catastrophe by
raising awareness for their plight and assisting
in the provision of basic needs, healthcare and
education.
To advance other such charitable purposes
(according to the law of England and Wales) as
the trustees see fit.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Foundation
for
Refugee
Economic
Empowerment (FREE) continues to fulfil its
charitable role of supporting people in need.
Our focus has been the internally displaced in
north eastern Nigeria.
We continue to explore mutually beneficial
collaborations and partnerships with both local
and international organisations with similar
goals.
Activities for this reporting period include:

COVID-19 Response

Educational programmes

Borehole construction & Repair

Empowerment programmes

Orphan support

Flood Relief

Food distribution| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The activities undertaken for this reporting
period confirms that the trustees have taken
due regard to the Charity Commissions
guidance on public benefit when reviewing the
organisation’s aims and objectives.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Construction (and repair) of hand operated
and solar boreholes in several states.
Provision of emergency relief to the victims of
the severe flood that occurred along the
Upper Niger River in Nigeria. We delivered
food parcels, medical packs and assisted in
shelter needs.
Education: We currently run six centres,
supporting children particularly orphans
who would otherwise not have access to
education. We aim to embed a culture of
learning and support integration back into
mainstream schools.
Orphans: We continue to invest in orphans,
providing shelter, education and emotional
support.
Empowerment: The programme has been
transformative
for
those
supported,
equipping them with the skills to become self-
sufficient.
Health: As a response to the COVID-19
pandemic, we set up two emergency response
work streams focusing on safety awareness
training and providing emergency relief to
those facing the greatest risk.
Food distribution: We continue to provide
food supply in hard to reach areas and run
soup kitchens in various locations.| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|| |---|---|---| |Youmay choose toincludefurtherstatements||whererelevant about:| |Achievements against
objectives set|Para 1.41|Objectives for this period was exceeded, as a
result aid reached more beneficiaries.| |Performance of fundraising
activities against objectives
set|Para 1.41|Despite the challenging circumstances, there
was a significant increase in income due to
generous supporters, fundraising activities
and new partnerships.| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of theperiod|Para 1.21|Financial position is stable and we plan to
continue to raise funds to support our
objectives.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|There is no reserve policy at present.| |Amount of reservesheld|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| |**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Income is generated through fundraising
activities,
individual
donations
and
partnership with other organisations.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| |**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Income is generated through fundraising
activities,
individual
donations
and
partnership with other organisations.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|
Para 1.25|Constitution| |How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|As described in the constitution| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|As described in the constitution. Trustees
also participate in the training provided by
the Commission.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|There are currently four trustees, no new
appointments have been made.| |Relationship with any
related parties|Para 1.51|| |Other||Trustees are volunteers and give their time
freely
without
remuneration,
however
expenses incurred solely for charity purposes
are reimbursed on request.| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** CTr¢ARITY COMMISSIO FOR FNGIAP40 ANO WAI¥ Receipts and payments accounts CC16a For the perfod from Section A Receipts and payments Vnre5tricted funds itsth• Restricted fund5 io th• Endowrnent funds Total fund5 Last year totho N￿r01t£ t•th• noar••t£ A1 R8c81 t8 General ftsnd Waier PTuJect FeÈdlng Zakai Orphans covID SRF 12.49J 12A93 4.740 3.933 6,331 2,230 4.024 9.400 877 4.740 3.953 6.351 2.230 4.024 42.121 Sub total(Gross incom& lor AR) 12,4•3 6J.41• 7S.•12 13.888 A2 A8$et and Invgltmont sal8•. Sub total 12.493 83.419 7S,912 13,898 A3P4 onts &258 433 63.419 69.877 433 13.072 339 103 Admin coll Sub total 691 63.419 A4 Asset and Investment urchase8, So0 tsble Sub total Totalpaymenls 6,691 63.419 13.510 Net olrecelpts/(payments) A5 Transffrrs between funds AS cash fund$ last yÈarènd Cash funds this y•ar•nd &802 5,802 2,258 8.060 2,258 8,060 1,870 2,258 CCXX R1 Issi Section B Statement o Unre5trfcted fvnds Restdrted funds Endowrnent funds lo n•ar•$t£ Categorl•s Details to n•ar•it E 81 Cash funds Cash ai bar&a6 of 31112r2020 Total cash fvnds Unre8trlct•d funds Resffictsd funds Endowment fund8 Detalls to to wbkh M••t Curv•nt v•luo Dotall$ ¢o¥tlgpkn•ll F￿￿ta ¥Jhkh thtalls onal 84 Assats r•taln•d for th• eharlty's own us• Fund 10 *filch Ill￿1 mount du• onal Whon d￿• tion•l Details BS Liabilities CCXX R2 aw)unts Issi CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of FOUNDATION FOR REFUGEE ECONOMIC EMPOWERMENT On accounts for tho y•ar ended 31 DECEMBER 2020 Charity no (If any) 1164143 Set out on pages I report to the trustees on my 8xamination of the accounts of the above harity {'the Trust.) for the year ended Rtspon$lbillties and As the charity tnjstees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Acr). I report in respect of my examination of the Trust's a¢¢ounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have follt)wed the applicable Directions given by the Charity Commission under section 145(51{b) of the Act. I hav8 completed my examination. I confirm that no material matters have come to my attention {oth8r than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance section 130 of the Act or the accounts do not accord with the accounting records Inde￿ndant •xaminar's stat•m•nt I have no cOn￿rnS and have come across no other matters in connection wrth the examination to which attention should be drawn in order to enabl8 proper understanding of the accounts to be reached . Please delete the words in the brackets rfthey do not apply. Slgn•d: Dat•: 2911012021 Namo: IAIN HARDY Relevant prof•sslonal quallflcation(s) or body Ilf any): ICPA Addrèss: CABSYS LTD, 34 CHURCH MEWS, CHURCHILL WAY MACCLESFIELD, CHESHIRE SK116AY IER OCtO￿r 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of ¢on¢em (see CC32, Independent examination of charity accoufts: directions and guidance for examiners). Givo h•r• brfef details of any Items that the examlner wlshes to dlsclose. IER October 2018