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2021-08-11-accounts

me s ofthe charity trust ees who manage the charity
Trustee name Office (ifany) Dates acted if not for whole
year
Name ofperson lor body)
entitled to appoint trustee
if an
Mrs Grace Penn- Chair Panel ofTrustees
Timity
2 Mrs Shirley Anson Trustee
Ms Catherine Trustee
Beech
4 Mrs Ann Borrill Trustee
6 Mrs Patricia Patrick Trustee
Rev Lansford Penn Trustee
—Timity
8 Rev Bruce Taylor Trustee
Names and addresses
ofadvisers
Names and addresses
ofadvisers
(Optional
information)
(Optional
information)
T
eofadviser
Name Address
Bank Barclays 1 Churchill Place LONDON E145HP
Name ofchief executive or names of senior staff members (Optional information)
Not Applicable
~
a
~ ~
Description ofthe charity's trusts
ription ofthe char ity's trust s
Type ofgoverning document Constitution
How the charity is constituted Charity Incorporated Organisation (CIO). The members are the Trustees.
Trustee selection methods Trustees are appointed for 3years and can offer to be re-appointed.
Additional
governance
issues
Additional
governance
issues
Additional
governance
issues
(Optional information) information)
You may choose to include
additional
information,
where
We have a memorandum
ofunderstanding
with our sister community-
based organisation
in Sierra Leone and Malawi. The relation between the
relevant,
about:
parties is going extremely well.
~ policies and procedures
adopted
for the induction
and
training
oftrustees;
~ the charity's
organisational
structure
and any wider
network
with which the charity
works;
~ relationship
with any related
parties;
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.
~ ~
To advance education; to advance
in life, help and relieve the needs of
children
and young people; and to prevent
and relieve children
and
Summary ofthe objects ofthe young people
in poverty
in particular
but not exclusively
by providing
charity set out in its funds and by supporting
projects for children
aged 6 —13and young
governing document people aged 14—25 living in Nsanje and Chikwawa
districts
in Southern
Malawi and Kingtom,
BawBaw, and Waterloo Communities
in Freetown
Sierra Leone.
During the period 12August 2020to 11August 2021,We have raised
funds for the charity through
regular payment,
one of payment
and
through
groups of people fundraising
among the group amounting
to
67500.97
We have helped
children
and young people
in Malawi
by funding
a
Christmas
gift F100.00to buy locally sourced gifts. SACTS paid 62004.90
in school fees and other school related We also paid medical
bills of
f300.
In Sierra Leone children
and young people have benefitted
as SACTS paid
School fees 64065.00 and other related charges and 6760.00was given
Summary ofthe main for relief.
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration
that trustees
have
In March 2021 Rev Lansford
Penn-Timity
a SACTS trustee, visited
Freetown
as part of his Sabbatical
leave, granted
by the Methodist
Church.
During
his time in Freetown,
he visited
all the schools and
had regard
issued by
to the guidance
the Charity
children
SACTS support.
On his returned
the Trustee produced
a report
of his visit for the Trustees
and those supporting
Children
and brought
Commission on public back personal
handwritten
letters from the children to their sponsors.
benefit) This was very encouraging
and some ofthe sponsors
have written
back
to the children. Some ofthe sponsors
have learnt more about the
children
they sponsor through
the letters and have increased their level
ofsponsorship.
This has been very encouraging.
In Malawi and in Sierra Leone the schools were disrupted
in the second
and third terms due to COVID-19 restrictions.
We have been in contact
with them to support them
in these difficult times and we continue to
monitor the situation
both
in Sierra Leone and in Malawi.
In Malawi the
disruption
has prompted
a huge change
in the school calendar. We
continue to monitor the changes so we can respond
accordingly.

SACTS pays school related charges for the children
through
Charitable
You may choose to include
further statements,
where
relevant,
about:
Community
Organisations
in Malawi and Sierra Leone, as parents
have to
pay some ofthe school related charges
in these countries.
Our hope is
that by creating broader horizons for the children their own experience
will be enhanced
and their aspirations
raised so the worth to their
~
policy on grantmaking;
country can be enhanced.
~
policy programme
related
investment;
~
contribution
made by
volunteers.
~
~
s
~
~
~
Summary
ofthe main
achievements
ofthe charity
The charity raised over f7500.97during the period through
regular
donations
and events
including
speaking engagements.
However,
this
during the year was severely restricted
due to the Covid 19pandemic.
We were able
to
support our volunteers
in Sierra Leone and Malawi to register their
community-based
organisations
through
which we are coordinating
the
work in both Sierra Leone and Malawi.
We hold cash in the bank offSooo, all ofwhich
is unrestricted
funds.
Brief statement
ofthe
charity's
policy on reserves
These funds are held
in order to meet any unforeseen
expenditure
that
may occur. We aim to hold fSooo in reserves at the year-end.
Details ofany funds materially
in deficit
Not Applicable
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
SACTS continues to fulfil its mandate to support
children's
education
and
relevant about: welfare
in Malawi and Sierra Leone. In the year under review, the
~
the charity's
principal
number ofchildren
in our Basic and Direct sponsor programme
reached
sources offunds
(including
its expected levels again because we have been able to identify
children
any fundraising); that meets our required
criteria for sponsorship.
~
how expenditure
has
supported
the key objectives
In the year under review, SACTS was able to provide approximately
1000
ofthe charity; children
with, classroom
equipment,
books, pens, pencils, toys, masks,
~
investment
policy and
hygiene
items, covid prevention
materials, etc. Rev Lansford
Penn-Timity
objectives including
any
was able to supervise
some ofthe distributions
while he was in Sierra
Leone on his sabbatical.

O
FOR
O
FOR
ENGLAND AND WALES ENGLAND AND WALES end A Chiitj To Schooi
Receipts and payments
end A Chiitj To Schooi
Receipts and payments
end A Chiitj To Schooi
Receipts and payments
end A Chiitj To Schooi
Receipts and payments
end A Chiitj To Schooi
Receipts and payments
1164946
accounts
1164946
accounts
1164946
accounts
CC16B
12/08/2020 To 11/08/2021
r
~ ~
~
~
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
5
to the nearest 5 to the nearestr- to the nearest 0 to the nearest 5
A1 Receipts
Donations 7,501 7,501
Sub total (Gross income for
AR)
7,554
A2 Asset and investment sales
(see table).
Sub total
r r r
'pe~raw.~~~say
A3 Payments
Admin 51
Money Transfer Fees 02
Monies to Malawi 2,405
Monies To SL 5,350
Sub total 7,025
A4 Asset and investment
purchases, (see table)
Sub total
Total payments 74021) * - '702tr
Net ofreceiptsl(payments)
A5 Transfers between funds
BFWD Funds 10,274 10474.
Cash funds this year end
~ ~ ~
~
~ ~ ~
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest a to nearest a to nearest s
81 Cash funds Barclaya g,a47
Cash
Stewardship
Total cash funds g;$47
(agrue balances uah receipts und payments
accouct(c))
Unrestricted Restncted Endowment
funds funds funds
Details to nearest S to nearect a to nearest a
82 Other monetary assets
Details Fund
asset
to which
belon c
Cost (optional) Current value
o tlooal
83Investment assets
Details Fund
asset
to which
belongs
Cost (optional) Current value
o tional
84Assets retained for the
charity's own use
Fund to which Amount due When due
Details liabili relates optional optional)
85 Liabilities
Signed by one or two trustees
behalf of all the trustees
on Signature Print Name Date of
a
royal
Bruce Taylor I+-IZ-z/
Lansford Penn - Timity