## ## |~
~|||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|| ||||throughout
the last academic year.|| ||||The trustees
have continued
to provide the funding
for bags offood|| ||||essentials
that has enabled
the feeding once a week of150children,|who| ||||have been identified
by a government
programme
as being under-|| ||||nourished,
at Don Calixto SrYongco Elementary
School. The bag is|| ||||handed
out to parents when they collect the learning
modules
at the|| ||||School.|| ||||The trustees also provided
funds to the San Remegio Central School|to| ||||enable them to purchase a photocopier,
toners and 300reams of bond|| ||||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|| |Briefstatement
ofthe|||ofthe feeding
programme
is not committed
to by the trustees
unless they|| |charity's
policy on reserves|||are sure that sufficient funds are already
held.
For that reason, a|| ||||Reserves
Policy is considered
to be unnecessary
at this time.|| |Details ofany funds
in deficit|materially||None|| |Further financial
review details|||(Optional
information)|| |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.|| |~
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.|| |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|| |~
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 ## ## |||||~|~|~|~|~|~
~|~|~ ~|| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||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| |B3Investment||assets||||||||||| ||||||Details||||Fund to which
asset baton s|Cost (optional)||Current value
0 tional| |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|||Print|Name||Date of
a
royal| ||||||||||Babelh|Street||19/09/2021| ||||||||||Martin|Lewis||19/09/2021|