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2023-12-31-accounts

4.1 PORRIDfrf &PENS' GHANA- TRUSTEE REPORT 2023

Our Charity

We are incredibly proud of our work and thankful to all our donors and supporters who have helped us keep over 500 children and young people safe and nurtured every day.

We would love to bottle up the happiness experienced at the Brightlingsea Academy, the vibrant energy radiating from our Girl Power Centre each day, and the joy reflected in every student's smile. This combination truly reveals the immense worth of every donation made to the children in Porridge and Pens’ projects.

We are a small charity from a coastal town in Essex called Brightlingsea. Our dedicated UK team works daily with our partners in Ghana to feed, educate, and shelter 500 children.

We believe every child in Ghana should have a chance to achieve happiness and financial security in their later life, and this all starts with access to quality education.

Our work is delivered through two long-standing projects: The Girl Power Project and The Brightlingsea Academy.

There is incredible joy and deep impact of our work in Ghana. So much has changed since Porridge and Pens was set up in 2016, and the journey we have embarked on to grow this little charity together is truly remarkable.

Porridge and Pens continue to move mountains through the work of our small charity

Here is a snapshot of our recent achievements:

Highlighting the impact of our work is best done through our students and the transformative journey they make with Porridge and Pens.

Paulina is an exceptional young woman who is now one of our Girl Power Graduates. One of our partner orphanages referred Paulina to us. Paulina spent most of her life at our partner orphanage. Growing up, she supported workers feeding abandoned babies and looking after energetic toddlers. Although she lived there herself, she described her time at the orphanage more like she was a staff member, although she was only a small girl herself when she first moved into the orphanage. She is probably the most caring person we have ever met, and her love for the children at the orphanage comes beaming across.

Paulina always aspired to be a midwife, and it was truly inspiring to watch her proudly display her framed midwifery certificate to our Girl Power Director, Claudia. Despite numerous challenges, she successfully transformed her future.

Since 2018, our Girl Power Project has been dedicated to helping streetaffiliated girls by providing essential support such as food, safe housing, and education.

At our Girl Power Centre, we run a comprehensive educational and well-being program for 77 young people who previously faced severe hardships and were out of school.

The girls we assist often deal with financial struggles, food insecurity, mental health challenges, and risks of domestic or sexual violence. Over the years, we have focused on building their confidence and guiding them back into education. We collaborate with nearly 60 partner schools and universities in Ghana, where many of our girls pursue careers as midwives, teachers, and nurses, ultimately graduating with respected qualifications that enable them to earn a living wage.

Our Girl Power Centre

In 2021, we started fundraising for our own Girl Power Centre, which could be used as a children's and women’s refuge for our students on the scheme. Through a tough few years of fundraising and huge rising inflation costs in Ghana, we are thrilled to say we have completed the ground floor of Girl Power Centre, apart from aesthetics. This will provide students with permanent, safe shelter for those who live on the streets and have nowhere to go once their school holidays come. It will also be used as a Vocational Centre and teacher training base. We are so excited to see what the future holds for our Girl Power Centre! It means we can stop spending vital funds on renting a property. We still have work before we move in, but we are determined to do it as soon as we can.

Personal Growth

At Girl Power, we not only focus on education but also promote personal growth in every possible way. Our group of 77 girls and eight boys of Brighter Futures (a project under the Girl Power umbrella which supports gifted young men through university and further education) often come from challenging backgrounds, many having experienced the loss of one or both parents. Recently, we took students to swimming lessons, and the happiness on the students' faces was truly unforgettable. With the support of funding, we aim to expand such personal development opportunities in the future.

Mental Health services is a vital part of our work.

Over the past year, through the project, we have:

Most of the girls have been with us since a young age. We currently have teachers, nurses, and engineers training within their fields. Considering 100% of the student's mothers have never completed their higher education and over 96% are in unskilled and working poorly paid jobs, we can’t wait to see what the future holds for our students on Girl Power.

Brightlingsea Academy

At Brightlingsea Academy, we offer support that extends well beyond academics.

One day, we encountered Rhoda, a student from Brightlingsea Academy, on her way to school. Although she appeared a bit tired, her enthusiasm was evident in her stride. She shared her excitement about the day's adventure, as we were set to explore one of Kumasi's tallest peaks. We strive to fund as many school trips as possible, recognising that over 90%

A student from a partner school selling after school

of our students have never ventured outside Kumasi. School trips help expand their perspectives and encourage them to aim high.

She yawned once more and our Headteacher inquired about her fatigue. She explained that she sells bunches of bananas every evening after school to support her mother. Balancing a heavy tin bowl on her head, she often feels sore by nightfall, making it difficult to sleep. Each night, she earns around £0.80, and

when asked her motivation to do that job, she replied, “If I don’t do it, we won't get any money for eating dinner.” She also mentioned that she works every Saturday and Sunday from 6:30am to 5pm, along with most school nights, which certainly contributes to her tiredness.

Unfortunately, 13% of children at our school face similar challenges, as their families rely on them to help with meals on weekends and after school. Porridge and Pens still has work to do and we are more determined to do that, than ever.

Without the free meals and education from Brightlingsea Academy, it’s likely that 9-year-old Rhoda would have to work full-time.

The schools we partner with provide essential support for the most disadvantaged families. With Rhoda's strong resolve to succeed academically, she is sure to overcome challenges and take full advantage of the educational opportunities available to her through the Porridge and Pens Projects as she advances through her classes.

The Brightlingsea Academy is a small free school for 400 children in a rural part of Kumasi. We practice corporal punishment-free teaching, with the cane and other forms of abuse strictly banned from our school. Sadly, corporal punishment is still common in many Ghanaian Schools. We have a strong teacher training model, seeing high academic results and happy, healthy children. We provide care and education for children from the village between the ages of 0-14. Every child at the Brightlingsea Academy receives two daily free school meals and a free education, with the necessary resources to learn and thrive.

63% of families from the Brightlingsea Academy live within informal and temporary settlements. They are half-built structures, owned by other people and rented to our families; they need more essentials like water, roofing structure, plastering, or flooring. Children who attend our school live in conditions of extreme, multidimensional poverty. The Brightlingsea Academy is a source of consistency, resource, and joy for children from unstable living environments. In 2013, we measured the employment rate of children’s mothers to be under 30%. As of February 2022, this is 65% and 96% for children's fathers! We have started to see some parents giving back to our school feeding program, which is a small step to sustainability and helps us provide more significant food portions for everyone. We know 50 children from our school still engage in child labour activities during the weekend and after school from our poorest families.

Our Journey Continues

The journey of Porridge and Pens began over sixteen years ago, and a lot has evolved since then. Together with our amazing team in the UK and Ghana, we are committed to supporting as many children as we can, as every young person deserves a safe place to sleep, nutritious meals, and access to education.

Thank you for your continued support for Porridge and Pens.

Jemma Williams (Founder), Lia Smith (Operations Manager), Gregg Weaver (Chair of Trustees).

REFERENCE AND ADMINSTRATIVE DETAILS

Charity name: Porridge and Pens Ghana

Registered Charity Number: 1166497

Principal Address: Porridge and Pens Officer, 1 Chapman Close, Brightlingsea, Essex, CO7 0FS.

Trustees : G Weaver (Chair of Trustees), J Meek, E Merrell, E Smith, P Tibbs, C Tibbs (resigned 30 January 2024).

Key management personnel: J Williams (Founder and CEO), L Smith (Operations Manager).

Bankers : Barclays Bank, 9 High Street, Colchester, CO1 1DA.

Independent Examiner: Sandra Morrell FCCA, Edmund Carr LLP, 146 New London Road, Chelmsford, Essex, CM2 0AW.

CHARITY OBJECTIVES AND ACTIVITIES

The objects of the charity as stated in the governing document are to relieve poverty of orphaned, abandoned and vulnerable children, young adults and families, by provision of such grants and donations as shall be thought fit to orphanages, schools, individuals and families in Kumasi, Ghana, to improve their conditions of life.

Porridge and Pens works with some of Ghana's most disadvantaged children and young adults. We do this by providing access to free education, medicine, safe shelter, and school meals so that young people can create their own bright and sustainable futures free from poverty.

Strategic Plan 2021 - 2026

Porridge and Pens make changes with three simple strategies: school meals, safe shelter and a place at school.

Through our work at the Brightlingsea Academy and the Girl Power Project, we want to expand the number of children and young people over the next five years.

We will also work within our project communities, targeting families and parents to support their skills development and income growth.

Public Benefit

The trustees confirm that they have paid due regard to the Charity Commission’s guidance on public benefit when determining the charity’s activities.

Our activities and achievements throughout the year are detailed in the first part of this report.

STRUCTURE, GOVERNANCE AND MANAGEMENT

How we work

Because our resources are so limited, we work hard to ensure our structure and management always enable us to benefit Ghana's poorest young people. Since Porridge and Pens was established in 2016, the number of beneficiaries seeking support from one of our projects in Ghana has increased by 80%. Most of this growth has been in the past three years. It is only possible because trustees have invested in our charity’s organisational capacity by employing staff which has driven growth against our vision and mission. In 2020, a UK Operations Manager joined the Chief Executive Officer to support the charity's efforts in Ghana. Investment in our organisational capacity has continued to support the management of charity and projects and contributed to our stable income and expenditure.

Our entire board of trustees and critical volunteers continue to make an invaluable contribution to the day-to-day management of our organisation. We have some very dedicated volunteers who offer their services to the organisation part-time and voluntarily. Our trustees and staff continue to work hard to ensure the smooth running of the organisation. Trustees are appointed by invitation from the existing board of Trustees. A trustee will be appointed if there is a unanimous agreement among all existing trustees. New Trustees will be given a copy of the Charity Commission's guidance for Trustees, "The Essential Trustee" (CC3), and a copy of the latest accounts.

Risk Management

Potential risk to the charity is considered and discussed by the trustees at the start of every year, and the CEO is regularly updated on any project risks. We use our risk management policy and seek guidance from the necessary bodies to ensure compliance and limit risk to the organisation, staff, trustees, and beneficiaries.

Sending money to Ghana

Porridge and Pens send funds from the UK bank account to our partners' bank accounts each month, registered as the Brightlingsea Academy School and the Girl Power Foundation NGO. Each month, our operations Manager works carefully with our Ghanaian partners, generating income based on beneficiaries' needs. The CEO signs the budget and regularly checks it with Porridge and Pens Trustees.

Partners in Ghana

Porridge and Pens works carefully with selected partners to fulfil the aims of our Girl Power Project and the Brightlingsea Academy, which are separate, registered NGO’s in Ghana. Porridge and Pens supplies our partners with monthly grants according to their needs.

FINANCIAL REVIEW

The accounts show income in the year of £270,977 (2022 - £283,453) and expenditure of £316,879 (2022 - £265,098) resulting in net expenditure of £45,902 (2022 – net income £18,355). Total funds of the charity at 31 December 2023 were £68,135, all of which were unrestricted.

Reserves policy

Porridge and Pens aims to hold minimum general unrestricted reserves of £30,000. The trustees review this amount every three months. This amount is deemed sufficient to support projects at a reduced capacity for around three months should no other source of income be available.

Financial Statements

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

This annual report was approved by the Trustees of the charity on ………………….. and signed on their behalf by:

……………………………………………

G Weaver – Chair of Trustees

PORRIDGE & PENS GHANA

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2023

Registered Charity Number 1166497

EDMUND CARR LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW

PORRIDGE & PENS GHANA

YEAR ENDED 31 DECEMBER 2023

CONTENTS

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||| |---|---| |Independent Examiner's report to the Trustees|1| |Statement of financial activities|2| |Balance sheet|3| |Notes to the financial statements|4|

----- End of picture text -----

PORRIDGE & PENS GHANA

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 DECEMBER 2023

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 which are set out on pages 2 to 10.

Responsibilities and basis of report

As the charity’s 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 charity’s accounts carried out under section 145 of the 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

.................................

Sandra Morrell FCCA

Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW

.........................................

1

PORRIDGE & PENS GHANA

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2023

£
£
Note
INCOME from:
Donations and legacies:
2
136,940
77,903
Fundraising activities
3
55,973
-
Other income
161
-
TOTAL INCOME
193,074
77,903
EXPENDITURE on:
Raising funds
16,757
-
Charitable activities
4
210,919
89,203
TOTAL EXPENDITURE
227,676
89,203
NET INCOME/(EXPENDITURE)/
(34,602)
(11,300)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
102,737
11,300
Total funds carried forward
68,135
-
Unrestricted
Restricted
Funds
Funds
Total Funds
£
214,843
55,973
161
270,977
16,757
300,122
316,879
(45,902)
114,037
68,135
2023
Total Funds
2022
£
258,647
23,739
1,067
283,453
2,221
262,877
265,098
18,355
95,682
114,037

The notes on pages 4 to 10 form part of these financial statements.

2

PORRIDGE & PENS GHANA

BALANCE SHEET

At 31st December 2023

Note
Fixed assets
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
Petty Cash
CREDITORS: Amounts falling due within
10
one year
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
12
Unrestricted - general
Unrestricted - designated
Total unrestricted
Restricted
TOTAL CHARITY FUNDS
£
£
1,887
-
70,019
118
70,137
3,889
66,248
68,135
68,135
-
68,135
-
68,135
2023
£
£
1,290
22,318
92,429
114,747
2,000
112,747
114,037
86,092
35,000
102,737
11,300
114,037
2022

These financial statements were approved by the Trustees on …........................ and signed on their behalf by:

…........................ G Weaver

Chair of Trustees

The notes on pages 4 to 10 form part of these financial statements.

3

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES

Basis of accounting

The accounts (financial statements) have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities 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 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities 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 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Porridge & Pens is an unincorporated registered charity and meets the definition of a public benefit entity under FRS 102.

Going concern

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

Incoming Resources

Donations are recognised when receivable.

Resources Expended

All expenditure is accounted for on an accruals basis and includes VAT as the charity is not VAT registered. The majority of costs are attributable to specific charitable activities. Governance costs are associated with the governance arrangements of the charity.

Fixed Assets and Depreciation

Fixed assets are shown at historical cost. Expenditure on tangible fixed assets is capitalised. the cost of other items is written off as incurred.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Computer equipment 25% straight line Office equipment 25% straight line

4

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES (continued)

Debtors and creditors

Trade and other debtors are recognised at the settlement amount due. Creditors are recognised at their settlement amount.

Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and deposits.

Fund accounting

Funds held by the charity are either:

Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds – these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects.

Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity.

Taxation

As the Association is a charity, it is exempt from taxation - other than VAT, which is included in the relevant costs in the Statement of Financial Activities - to the extent that any income and gains are applied to its charitable objectives.

2. DONATIONS

Donations
Gift aid
Grants
Unrestricted
Funds
£
99,833
16,407
20,701
136,940
Restricted
Funds
£
-
-
77,903
77,903
Total Funds
2023
£
99,833
16,407
98,604
214,843
Total Funds
2022
£
136,588
26,194
95,865
258,647

5

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

3. FUNDRAISING ACTIVITIES

Sales
Other fundraising income
CHARITABLE EXPENDITURE
Girl Power projects
Brightlingsea Academy projects
Brighter Futures
Other direct costs
Support and administration costs:
Depreciation
Printing, postage and freight
Insurance
Staff training
IT and telephone
Salaries
Pensions Costs
Rent
Travel
Governance costs (note 5)
Total support costs
Total cost of charitable expenditure
Unrestricted
Funds
£
25,109
30,864
55,973
Unrestricted
Funds
£
89,408
42,858
2,893
3,868
139,027
743
1,377
1,008
299
2,825
58,247
1,138
1,280
315
4,660
71,892
210,919
Restricted
Funds
-
-
-
Restricted
Funds
£
43,650
45,553
-
-
89,203
-
-
-
-
-
-
-
-
-
-
-
89,203
Total Funds
2023
£
25,109
30,864
55,973
Total Funds
2023
£
133,058
88,411
2,893
3,868
228,230
743
1,377
1,008
299
2,825
58,247
1,138
1,280
315
4,660
71,892
300,122
Total Funds
2022
£
2,813
20,926
23,739
Total Funds
2022
£
130,979
84,766
-
5,090
220,835
507
2,200
439
-
1,030
31,632
959
-
904
4,371
42,042
262,877

4. CHARITABLE EXPENDITURE

6

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

5. GOVERNANCE COSTS

Total Funds
2023
£
Fees payable to independent examiner: accounts and examination
2,280
Prior year underaccruals
1,960
Fees payable to independent examiner: other services
360
4,600
Bank Fees
60
Trustee Expenses
-
4,660
6.
STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
2023
£
Wages & salaries
58,247
Employer pension contributions
1,138
59,385
Particulars of employees:
The average number of employees during the year on a headcount basis was:
2023
6
No employee received remuneration of more than £60,000 during the period.
Total Funds
2022
£
2,096
-
768
2,864
5
1,502
4,371
2022
£
31,632
959
32,591
2022
2

Key management personnel remuneration totalled £19,806.

7. TRUSTEES' REMUNERATION AND EXPENSES

No remuneration was paid to Trustees in the year (2022 - Nil)

No travel or subsistence expenses were paid on behalf of Trustees in the year (2022 - £1,502).

7

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

8.
TANGIBLE FIXED ASSETS
Office
Equipment
£
Cost
At 1 January 2022
-
Additions
99
At 31st December 2023
99
Depreciation
At 1 January 2022
-
Charge for year
10
At 31st December 2023
10
Net book value
At 31st December 2023
89
At 31st December 2022
-
9.
DEBTORS
Gift aid recoverable
10. CREDITORS: Amounts falling due within one year
Accruals
Other creditors
Computer
Total
£
£
2,030
2,030
1,242
1,341
3,272
3,371
740
740
734
744
1,474
1,484
1,798
1,887
1,290
1,290
2023
0
2022
£
£
-
22,318
2023
0
2022
£
£
2,280
2,000
1,609
1,609
3,889
3,609

11. RELATED PARTIES TRANSACTIONS

During the year L Weaver, wife of G Weaver (Trustee), was paid wages totalling £3,790 in her role as fundraising support officer.

8

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

12. FUNDS

Current Year
Unrestricted funds
General
1)
Designated
Restricted funds
2)
Girl Power
3)
Brightlingsea Academy
Prior Year
Unrestricted funds
General
1)
Designated
Restricted funds
2) Girl Power
3)
Brightlingsea Academy
Balance at
01/01/2023
£
67,737
35,000
102,737
6,700
4,600
11,300
Balance at
01/01/2022
£
62,962
10,000
72,962
20,250
2,470
22,720
Incoming
£
193,074
-
193,074
36,950
40,953
77,903
Incoming
£
160,497
-
160,497
74,069
48,887
122,956
Outgoing
£
(192,676)
(35,000)
(227,676)
(43,650)
(45,553)
(89,203)
Outgoing
£
(120,722)
(10,000)
(130,722)
(87,619)
(46,757)
(134,376)
Transfer
-
-
-
-
-
-
Transfer
(35,000)
35,000
-
-
-
-
Balance at
31/12/2023
£
68,135
-
68,135
-
-
-
Balance at
31/12/2022
£
67,737
35,000
102,737
6,700
4,600
11,300

9

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

13. ANALYSIS OF NET ASSETS (between restricted and unrestricted funds)

Current year
Restricted
Designated
Unrestricted
Prior year
Restricted
Designated
Unrestricted
Tangible
fixed assets
£
-
-
1,887
1,887
Tangible
fixed assets
£
-
-
1,290
1,290
Other net
assets
£
-
-
68,135
66,248
Other net
assets
£
11,300
35,000
66,447
112,747
Total
£
-
-
68,135
68,135
Total
£
11,300
35,000
67,737
114,037

14. OPERATING LEASE COMMITMENTS

Total future minimum lease payments under non-cancellable operating leases are as follows:

Within one year
Between one and five years
2023
£
1,744
-
1,744
2022
£
-
-
-

10

PORRIDGE & PENS GHANA

MANAGEMENT INFORMATION

YEAR ENDED 31 DECEMBER 2023

This information does not form part of the statutory accounts

11

PORRIDGE & PENS GHANA

INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
2023 2022
£ £ £ £
Income
Online donation 11,962 12,425
Regular online donor 15,557 15,702
Bank regular donor 11,473 12,577
Bank donation 15,470 76,460
Corporate donors 22,435 9,750
Give as you earn 600 25
Big Give 18,203 6,808
School fundraising 376 68
Rotary donations 1,100 1,940
Club donations 1,587 600
Amazon Smile 237 233
REACT 824 -
Interest Income 9 -
Donations 99,833 136,588
HMRC Gift Aid 16,407 26,194
Grants 98,604 95,865
Sales - 844
Cash Donations 1,444 -
Selling pod 23,585 1,909
Etsy shop 80 60
Trading income 25,109 2,813
External fundraisers 24,974 18,192
Event fundraising 5,890 2,734
Fundraising 30,864 20,926
Other income 161 1,067
Total Income 270,977 283,453
----- End of picture text -----

12

PORRIDGE & PENS GHANA

INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2023

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2023 2022
£ £ £ £
Expenditure
Fundraiser participant cost 7,836 887
Fundraising cost 3,374 518
Just Giving fees 216 216
Paypal Fees 1,176 600
-
Selling Pod Costs 3,871
Advertising and Marketing 180 -
Etsy Shop Costs 103 -
Sum up transaction Costs 1 -
Costs of raising funds 16,757 2,221
-
Brighter Futures 2,893
SEN Expenses 288 -
Girl Power Abrotia School 458 1,038
Girl power Centre 106,980 89,289
Building costs Girl Power 21,517 40,312
Family Shelter 235 -
Brightlingsea Academy 88,411 84,766
Start Up Project 4,103 340
Project assessment visits 3,345 5,090
Direct costs of charitable activities 228,230 220,835
Salaries 58,247 31,632
Pensions Costs 1,138 959
Staff Training Costs 299 -
Rent 1,280 -
Telephone & Internet 129 -
Depreciation 743 507
Postage, Freight & Courier 487 1,513
Insurance 1,008 439
Printing & Stationery 890 687
IT Software and Consumables 2,696 1,030
Travel - National 315 904
Support costs 67,232 37,671
Audit & Accountancy fees 4,600 2,864
Bank Fees 60 5
-
Trustee Expenses 1,502
Governance costs 4,660 4,371
Total expenditure 316,879 265,098
Net income/(expenditure) (45,902) 18,355
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PORRIDGE & PENS GHANA

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2023

Registered Charity Number 1166497

EDMUND CARR LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW

PORRIDGE & PENS GHANA

YEAR ENDED 31 DECEMBER 2023

CONTENTS

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||| |---|---| |Independent Examiner's report to the Trustees|1| |Statement of financial activities|2| |Balance sheet|3| |Notes to the financial statements|4|

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PORRIDGE & PENS GHANA

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 DECEMBER 2023

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 which are set out on pages 2 to 10.

Responsibilities and basis of report

As the charity’s 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 charity’s accounts carried out under section 145 of the 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

.................................

Sandra Morrell FCCA

Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW

.........................................

1

PORRIDGE & PENS GHANA

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2023

£
£
Note
INCOME from:
Donations and legacies:
2
136,940
77,903
Fundraising activities
3
55,973
-
Other income
161
-
TOTAL INCOME
193,074
77,903
EXPENDITURE on:
Raising funds
16,757
-
Charitable activities
4
210,919
89,203
TOTAL EXPENDITURE
227,676
89,203
NET INCOME/(EXPENDITURE)/
(34,602)
(11,300)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
102,737
11,300
Total funds carried forward
68,135
-
Unrestricted
Restricted
Funds
Funds
Total Funds
£
214,843
55,973
161
270,977
16,757
300,122
316,879
(45,902)
114,037
68,135
2023
Total Funds
2022
£
258,647
23,739
1,067
283,453
2,221
262,877
265,098
18,355
95,682
114,037

The notes on pages 4 to 10 form part of these financial statements.

2

PORRIDGE & PENS GHANA

BALANCE SHEET

At 31st December 2023

Note
Fixed assets
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
Petty Cash
CREDITORS: Amounts falling due within
10
one year
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
12
Unrestricted - general
Unrestricted - designated
Total unrestricted
Restricted
TOTAL CHARITY FUNDS
£
£
1,887
-
70,019
118
70,137
3,889
66,248
68,135
68,135
-
68,135
-
68,135
2023
£
£
1,290
22,318
92,429
114,747
2,000
112,747
114,037
86,092
35,000
102,737
11,300
114,037
2022

These financial statements were approved by the Trustees on …........................ and signed on their behalf by:

…........................ G Weaver

Chair of Trustees

The notes on pages 4 to 10 form part of these financial statements.

3

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES

Basis of accounting

The accounts (financial statements) have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities 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 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities 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 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Porridge & Pens is an unincorporated registered charity and meets the definition of a public benefit entity under FRS 102.

Going concern

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

Incoming Resources

Donations are recognised when receivable.

Resources Expended

All expenditure is accounted for on an accruals basis and includes VAT as the charity is not VAT registered. The majority of costs are attributable to specific charitable activities. Governance costs are associated with the governance arrangements of the charity.

Fixed Assets and Depreciation

Fixed assets are shown at historical cost. Expenditure on tangible fixed assets is capitalised. the cost of other items is written off as incurred.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Computer equipment 25% straight line Office equipment 25% straight line

4

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES (continued)

Debtors and creditors

Trade and other debtors are recognised at the settlement amount due. Creditors are recognised at their settlement amount.

Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and deposits.

Fund accounting

Funds held by the charity are either:

Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds – these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects.

Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity.

Taxation

As the Association is a charity, it is exempt from taxation - other than VAT, which is included in the relevant costs in the Statement of Financial Activities - to the extent that any income and gains are applied to its charitable objectives.

2. DONATIONS

Donations
Gift aid
Grants
Unrestricted
Funds
£
99,833
16,407
20,701
136,940
Restricted
Funds
£
-
-
77,903
77,903
Total Funds
2023
£
99,833
16,407
98,604
214,843
Total Funds
2022
£
136,588
26,194
95,865
258,647

5

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

3. FUNDRAISING ACTIVITIES

Sales
Other fundraising income
CHARITABLE EXPENDITURE
Girl Power projects
Brightlingsea Academy projects
Brighter Futures
Other direct costs
Support and administration costs:
Depreciation
Printing, postage and freight
Insurance
Staff training
IT and telephone
Salaries
Pensions Costs
Rent
Travel
Governance costs (note 5)
Total support costs
Total cost of charitable expenditure
Unrestricted
Funds
£
25,109
30,864
55,973
Unrestricted
Funds
£
89,408
42,858
2,893
3,868
139,027
743
1,377
1,008
299
2,825
58,247
1,138
1,280
315
4,660
71,892
210,919
Restricted
Funds
-
-
-
Restricted
Funds
£
43,650
45,553
-
-
89,203
-
-
-
-
-
-
-
-
-
-
-
89,203
Total Funds
2023
£
25,109
30,864
55,973
Total Funds
2023
£
133,058
88,411
2,893
3,868
228,230
743
1,377
1,008
299
2,825
58,247
1,138
1,280
315
4,660
71,892
300,122
Total Funds
2022
£
2,813
20,926
23,739
Total Funds
2022
£
130,979
84,766
-
5,090
220,835
507
2,200
439
-
1,030
31,632
959
-
904
4,371
42,042
262,877

4. CHARITABLE EXPENDITURE

6

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2023

5. GOVERNANCE COSTS

Total Funds
2023
£
Fees payable to independent examiner: accounts and examination
2,280
Prior year underaccruals
1,960
Fees payable to independent examiner: other services
360
4,600
Bank Fees
60
Trustee Expenses
-
4,660
6.
STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
2023
£
Wages & salaries
58,247
Employer pension contributions
1,138
59,385
Particulars of employees:
The average number of employees during the year on a headcount basis was:
2023
6
No employee received remuneration of more than £60,000 during the period.
Total Funds
2022
£
2,096
-
768
2,864
5
1,502
4,371
2022
£
31,632
959
32,591
2022
2

Key management personnel remuneration totalled £19,806.

7. TRUSTEES' REMUNERATION AND EXPENSES

No remuneration was paid to Trustees in the year (2022 - Nil)

No travel or subsistence expenses were paid on behalf of Trustees in the year (2022 - £1,502).

7

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

8.
TANGIBLE FIXED ASSETS
Office
Equipment
£
Cost
At 1 January 2022
-
Additions
99
At 31st December 2023
99
Depreciation
At 1 January 2022
-
Charge for year
10
At 31st December 2023
10
Net book value
At 31st December 2023
89
At 31st December 2022
-
9.
DEBTORS
Gift aid recoverable
10. CREDITORS: Amounts falling due within one year
Accruals
Other creditors
Computer
Total
£
£
2,030
2,030
1,242
1,341
3,272
3,371
740
740
734
744
1,474
1,484
1,798
1,887
1,290
1,290
2023
0
2022
£
£
-
22,318
2023
0
2022
£
£
2,280
2,000
1,609
1,609
3,889
3,609

11. RELATED PARTIES TRANSACTIONS

During the year L Weaver, wife of G Weaver (Trustee), was paid wages totalling £3,790 in her role as fundraising support officer.

8

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

12. FUNDS

Current Year
Unrestricted funds
General
1)
Designated
Restricted funds
2)
Girl Power
3)
Brightlingsea Academy
Prior Year
Unrestricted funds
General
1)
Designated
Restricted funds
2) Girl Power
3)
Brightlingsea Academy
Balance at
01/01/2023
£
67,737
35,000
102,737
6,700
4,600
11,300
Balance at
01/01/2022
£
62,962
10,000
72,962
20,250
2,470
22,720
Incoming
£
193,074
-
193,074
36,950
40,953
77,903
Incoming
£
160,497
-
160,497
74,069
48,887
122,956
Outgoing
£
(192,676)
(35,000)
(227,676)
(43,650)
(45,553)
(89,203)
Outgoing
£
(120,722)
(10,000)
(130,722)
(87,619)
(46,757)
(134,376)
Transfer
-
-
-
-
-
-
Transfer
(35,000)
35,000
-
-
-
-
Balance at
31/12/2023
£
68,135
-
68,135
-
-
-
Balance at
31/12/2022
£
67,737
35,000
102,737
6,700
4,600
11,300

9

PORRIDGE & PENS GHANA

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

13. ANALYSIS OF NET ASSETS (between restricted and unrestricted funds)

Current year
Restricted
Designated
Unrestricted
Prior year
Restricted
Designated
Unrestricted
Tangible
fixed assets
£
-
-
1,887
1,887
Tangible
fixed assets
£
-
-
1,290
1,290
Other net
assets
£
-
-
68,135
66,248
Other net
assets
£
11,300
35,000
66,447
112,747
Total
£
-
-
68,135
68,135
Total
£
11,300
35,000
67,737
114,037

14. OPERATING LEASE COMMITMENTS

Total future minimum lease payments under non-cancellable operating leases are as follows:

Within one year
Between one and five years
2023
£
1,744
-
1,744
2022
£
-
-
-

10

PORRIDGE & PENS GHANA

MANAGEMENT INFORMATION

YEAR ENDED 31 DECEMBER 2023

This information does not form part of the statutory accounts

11

PORRIDGE & PENS GHANA

INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2023

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2023 2022
£ £ £ £
Income
Online donation 11,962 12,425
Regular online donor 15,557 15,702
Bank regular donor 11,473 12,577
Bank donation 15,470 76,460
Corporate donors 22,435 9,750
Give as you earn 600 25
Big Give 18,203 6,808
School fundraising 376 68
Rotary donations 1,100 1,940
Club donations 1,587 600
Amazon Smile 237 233
REACT 824 -
Interest Income 9 -
Donations 99,833 136,588
HMRC Gift Aid 16,407 26,194
Grants 98,604 95,865
Sales - 844
Cash Donations 1,444 -
Selling pod 23,585 1,909
Etsy shop 80 60
Trading income 25,109 2,813
External fundraisers 24,974 18,192
Event fundraising 5,890 2,734
Fundraising 30,864 20,926
Other income 161 1,067
Total Income 270,977 283,453
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12

PORRIDGE & PENS GHANA

INCOME AND EXPENDITURE YEAR ENDED 31 DECEMBER 2023

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2023 2022
£ £ £ £
Expenditure
Fundraiser participant cost 7,836 887
Fundraising cost 3,374 518
Just Giving fees 216 216
Paypal Fees 1,176 600
-
Selling Pod Costs 3,871
Advertising and Marketing 180 -
Etsy Shop Costs 103 -
Sum up transaction Costs 1 -
Costs of raising funds 16,757 2,221
-
Brighter Futures 2,893
SEN Expenses 288 -
Girl Power Abrotia School 458 1,038
Girl power Centre 106,980 89,289
Building costs Girl Power 21,517 40,312
Family Shelter 235 -
Brightlingsea Academy 88,411 84,766
Start Up Project 4,103 340
Project assessment visits 3,345 5,090
Direct costs of charitable activities 228,230 220,835
Salaries 58,247 31,632
Pensions Costs 1,138 959
Staff Training Costs 299 -
Rent 1,280 -
Telephone & Internet 129 -
Depreciation 743 507
Postage, Freight & Courier 487 1,513
Insurance 1,008 439
Printing & Stationery 890 687
IT Software and Consumables 2,696 1,030
Travel - National 315 904
Support costs 67,232 37,671
Audit & Accountancy fees 4,600 2,864
Bank Fees 60 5
-
Trustee Expenses 1,502
Governance costs 4,660 4,371
Total expenditure 316,879 265,098
Net income/(expenditure) (45,902) 18,355
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