| ~ ~ |
~ ~ ~ |
|
|---|---|---|
| Summary ofthe main achievements ofthe charity during the year |
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 tothe COVID-19 pandemic, the consequences ofwhich was the suspension for this year ofthe feeding |
|
| programme support to those schools. |
||
| At the end ofthe year, the trustees provided funds to the Don Calixto |
Sr | |
| Yongco Elementary School to enable them undertake ateacher team |
||
| building programme in readiness for the school re-opening in 2022-23, |
||
| when the feeding programme has also been re-established. |
||
| Briefstatement ofthe | The Foundation does not at present have aReserves Policy. The funding 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. Forthat reason, a |
|
| Reserves Policy is considered to be unnecessary at this time. |
||
| Details ofany funds materially in deficit |
None | |
| Further financial review details |
(Optional information) | |
| You may choose to include additional information, where relevant about: |
At the end ofthe financial year, the Foundation held funds amounting F12,340.13.This was F5,980.41 more than the funds held at the start the year. |
to of |
| ~ the charity's principal sources offunds (including |
During the year, no funds were spent on the feeding programme and food essentials. This was f4,090.50less than in the previous year. |
the |
| any fundraising); | f155.50was spent on ateachers' team building day at one ofthe |
|
| ~ how expenditure has |
supported schools in readiness for it re-opening in 2022-23. |
|
| supported the key objectives ofthe charity; |
The Foundation's main source of income are the surpluses from organised fundraising and sponsorship events and donations. During |
the |
| ~ investment policy and |
year, alter costs: | |
| objectives induding any |
~ organised fundraising events raised K3,173.22; |
|
| ethical investment policy adopted. |
~ sponsorship events organised raised 8632.13;and . ~ donations received, including Gift Aid, were E2,330.56. |
|
| - | ||
| ~ ~ ~ ~ . ~ . ~ |
| 8 | ~ | ~ | ~ | ~ ~ |
~ | ~ ~ | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||||||||
| Categories | Details | funds to nearest f |
to | funds nearest f |
funds to nearest f |
|||||
| Bt Cash | funds | Cash at Bank | 12,340 | |||||||
| Total | cash funds | 12,340 | ||||||||
| (sgrss balances with rscstpu ssd psymssts | ||||||||||
| scscsslls)) | ||||||||||
| Unrestricted | Res'trlcted | Endowment | ||||||||
| funds | funds | funds | ||||||||
| Details | tu hsaruat f | to | nearest f | to SSSISStf | ||||||
| B2Other | monetary assets | |||||||||
| Fund towhich | Cuneot vates | |||||||||
| Details | asset bsioo s | 8 oust |
||||||||
| B3Investment | assets | |||||||||
| Details | Fund towhich asset bsiou s |
Cost | (optional) | Current solus 8 ousl |
||||||
| B4Assets retained for | the | |||||||||
| charity's | own | use | ||||||||
| Fund towhich | Amount dus | When dus | ||||||||
| Details | liabili relates |
8 | oust | 8 ioual |
||||||
| B5Liabilities | ||||||||||
| Signed by one or two trustees behalf ofall the trustees |
on | Signature | Name | Date of a royal |
||||||
| Babeth | Sheet | 23/01/2023 | ||||||||
| Martin | Lewis | 23/01/2023 |