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s ~ ~ ~ |
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| Summary ofthe main achievements ofthe during the year |
charity | Though both the Schools the trustees have been supporting —the San Remegio Central School and the Don Calixto SrYongco Elementary School —remained closed during this year due to the COVID-19 pandemic, the schools have continued modular or remote learning |
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| throughout the last academic year. |
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| The trustees have continued to provide the funding for bags offood |
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| essentials that has enabled the feeding once a week of150children, |
who | |||
| have been identified by a government programme as being under- |
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| nourished, at Don Calixto SrYongco Elementary School. The bag is |
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| handed out to parents when they collect the learning modules at the |
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| School. | ||||
| The trustees also provided funds to the San Remegio Central School |
to | |||
| enable them to purchase a photocopier, toners and 300reams of bond |
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| paper that has allowed them to produce the learning materials needed |
by | |||
| their scholars. | ||||
| The Foundation does not at present have a Reserves Policy. The funding |
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| Briefstatement ofthe |
ofthe feeding programme is not committed to by the trustees unless they |
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| charity's policy on reserves |
are sure that sufficient funds are already held. For that reason, a |
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| Reserves Policy is considered to be unnecessary at this time. |
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| Details ofany funds in deficit |
materially | None | ||
| Further financial review details |
(Optional information) |
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| You may choose to additional information, relevant about: |
include where |
At the end ofthe financial year, the Foundation held funds amounting to K6,359.72. This was F4,112.31 more than the funds held at the start of the year. |
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| ~ the charity's principal |
During the year, R4,090.50was spent on the feeding programme and |
the | ||
| sources offunds | (including | food essentials. This was E3,017.50 less than in the previous year. |
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| any fundraising); | ||||
| ~ how expenditure has supported the key objectives |
The Foundation's main source of income are the surpluses from organised fundraising and sponsorship events and donations. During |
the | ||
| ofthe charity; | year: ~ no fundraising events could be held because ofthe coronavirus |
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| ~ investment policy |
and | pandemic; | ||
| objectives including ethical investment adopted. |
any policy |
~ sponsorship events organised in their place raised R3,267.75; and ~ donations received, including Gift Aid, were E4,973.71,up from F2,868.31 in the previous year. |
Tru8tses' Annual Report- 2020r21
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||||||||||
| Categories | Details | funds | funds | funds | ||||||||
| to nearest r | to | nearest 6 | to nearest 6 | |||||||||
| B1 Cash | funds | Cash at Bank | 6,360 | |||||||||
| Total | cash funds | 6,360 | ||||||||||
| (corns balances wdh receipts shd payments scccuct(s)) |
(in | |||||||||||
| Unrestricted | Restricted | Endowment | ||||||||||
| funds | funds | funds | ||||||||||
| Details | to nearest 6 | to | nearest 6 | to nearest 6 | ||||||||
| B2Other | monetary assets | |||||||||||
| Details | Fund towhich asset be/on s |
Cost (optional) | Current value o ttooat |
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| B3Investment | assets | |||||||||||
| Details | Fund to which asset baton s |
Cost (optional) | Current value 0 tional |
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| B4 Assets retained for | the | |||||||||||
| charity's | own | use | ||||||||||
| Fund to which | Amount due | When due | ||||||||||
| Details | liabtll relates |
o tionat | o tionat | |||||||||
| B5Liabilities | ||||||||||||
| Signed by one or two trustees behalf of all the trustees |
on | Signature | Name | Date of a royal |
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| Babelh | Street | 19/09/2021 | ||||||||||
| Martin | Lewis | 19/09/2021 |