## ## ## ## ## ## |~ I|| |---|---| |Summary
ofthe main
achievements
ofthe charity
during the year|Both the Schools the trustees
had been supporting
-the San Remegio
Central School and the Don Calixto SrYongco Elementary
School —re-
opened during this year after the relaxing ofrestrictions
caused by the
COVID-19 pandemic,
and funding
ofthe feeding programmes
in the| ||school was recommenced.
A third school, Cubacub
Elementary
School,| ||was also added to the feeding programme.| ||In total, more than 440 children
benefitted
from this programme.| ||The Foundation
does not at present have a Reserves Policy. The funding| |Briefstatement
ofthe
charity's
policy on reserves|ofthe feeding programme
is not committed
to by the trustees
unless they
are sure that sufficient funds are already held.
Forthat reason, a| ||Reserves Policy is considered
to be unnecessary
at this time.| |net Ilsofanyfundsmaterlally
in deficit|N| |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
to
f10,182.18.This was R2,157.95less than the funds held at the start of
the year.| |~
the charity's
principal
sources offunds (including
any fundraising);|During the year, f8,374.00was spent on the feeding programme
and the
food essentials.
No funds had been spent on the programme
in the
previous year as it had been suspended
due to the Covid-19 pandemic.| |~
how expenditure
has
supported
the key objectives
ofthe charity;
~
investment
policy and
objectives including
any
ethical investment
policy
adopted.|The Foundation's
main source of income are the surpluses
from
organised
fundraising
and sponsorship
events and donations.
During the
year, after costs:
~
organised
fundraising
events raised P3,572.98;
~
sponsorship
events organised
raised f209.10;and
~
donations
received,
including
Gift Aid, were f2,433.97.| |0
~|~
~ ~
0
~
~
~| ## ## ||||||Unrestricted|Restricted|Restricted|Endowment| |---|---|---|---|---|---|---|---|---| ||Categories||Details||funds||funds|funds| ||||||to nearest 8|to|nearest 8|to nearest 8| |B1Cash|funds||Cash at Bank||10,182|||| |||||Total cash funds|10,182|||| ||||(agree tralances|with receipts and payments||||| |||||account(s))||||| ||||||Unrestricted|Restricted||Endowment| ||||||funds||funds|funds| ||||Details||to nearest 8|to|nearest S|to nearest f| |B2Other monetary assets||||||||| ||||Details||Fund to which
asset belon s|Cost (optional)||Current value
o tional| |B3Investment||assets||||||| ||||Details||Fund to which
asset belon s|Cost (optional)||Current value
o tional| |B4 Assets retained for the||||||||| |charity's|own|use||||||| ||||||Fund to which|Amount due||When due| ||||Details||liabili
relates||o tional|o
ional| |B5Liabilities||||||||| |Signed by one or two trustees on
behalf of all the trustees|||Signature||Print|Name||Date of
a
roval| ||||||Babeth|Street||20/09/2023| ||||||Martin|Lewis||20/09/2023|