2021-04-05-accounts - Furniture For Education Worldwide CIO

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FURNITURE FOR EDUCATION WORLDWIDE CIO Charity Number 1169625

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD FROM 1[st] APRIL 2020 to 5[th] APRIL 2021

FURNITURE FOR EDUCATION WORLDWIDE CIO (Charity number 1169625) For the period ended 5[th] April 2021

Reference and administrative details

Trustees	Mrs S Bolam
	Mr K Bolam
	Mrs W Burns
	Mr P Burns (died 24.5.21)
	Mr G Burns
	Mr T Burns
	Mrs J Cooper
	Mr P Crowe
	Mr S Durkin (resigned 2020)
	Mrs P Ellis
	Mr L Embley
	Mr L Kilbride
	Mr P Pike (died 27.12.21)
	Mr R Rapson
	Mr C Sanderson
	Mr R Whewell
	Mrs C Burns
	Mr M Howarth
	Ms Sabrina (Jiayu Lai)
	Mr R Longstaff
	Mrs K Longstaff
	Mr G Skully
	Mr J Bannister
Registered office	45 Prairie Crescent
	Burnley
	BB10 1EU
Bankers	Lloyds Bank
Independent Examiner	Mark R Heaton FCCA FCIE DChA
	KM
	1stFloor, Block C
	The Wharf
	Manchester Rd
	Burnley
	BB11 1JG

FURNITURE FOR EDUCATION WORLDWIDE CIO For the period ended 5[th] April 2021

Objectives and Activities

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Summary of the purposes of To advance the education of the public in deprived countries
the charity as set out in its around the world that have very little or no facilities by sending
governing document redundant and surplus furniture, educational, it and other
equipment to educational and training establishments and projects
to benefit any local community which is in need
in furtherance of these objects but not otherwise to ensure in so far
as it is reasonably practicable that no items shall be sent to or via
private or profit making organisations.
Summary of the main activities FEW send containers to countries in Asia or Africa full of surplus
in relation to those purposes educational school furniture giving some of the most desperate
for the public benefit children in the world a better chance of an education.
Statement confirming whether The trustees have had regard to the guidance on public benefit.
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Summary of the purposes of the charity as set out in its governing document To advance the education of the public in deprived countries around the world that have very little or no facilities by sending redundant and surplus furniture, educational, it and other equipment to educational and training establishments and projects to benefit any local community which is in need in furtherance of these objects but not otherwise to ensure in so far as it is reasonably practicable that no items shall be sent to or via private orprofitmaking organisations.	Summary of the purposes of the charity as set out in its governing document To advance the education of the public in deprived countries around the world that have very little or no facilities by sending redundant and surplus furniture, educational, it and other equipment to educational and training establishments and projects to benefit any local community which is in need in furtherance of these objects but not otherwise to ensure in so far as it is reasonably practicable that no items shall be sent to or via private orprofitmaking organisations.
Summary of the main activities in relation to those purposes for the public benefit FEW send containers to countries in Asia or Africa full of surplus educational school furniture giving some of the most desperate children in the world a better chance of an education.
Statement confirming whether	The trustees have had regard to the guidance on public benefit.
the trustees have had regard to the guidance issued by the Charity Commission on public benefit

Contribution made by volunteers	FEW have many volunteers who help with loading the containers we send, collecting and organising the furniture in the warehouse, travelling to the countries we donate equipment to and raising funds for our work.

Achievements and Performance .	Over the year the charity shipped a total of 5 containers. Three containers were shipped to The Gambia in West Africa, one if which was a joint venture with Unison, West Yorkshire, and Humberside. Two containers were shipped to Ghana in partnership with the Michael Lapsley Foundation, a charity registered in Ghana. In recognition of the effects the Pandemic was having in The Gambia we established a Hardship Fund, which has over the year donated £2800 to over 172 recipients providing financial assistance to families in need for a variety of reasons. Funding has been received for 3 projects to be undertaken in The Gambia in 2022: Funding of £8,000 to install a solar powered water supply, storage, and distribution for a village of 1200 whose water source has ceased to be potable. Funding of £1,457.88 partial funding for construction of a staffroom at Bijilo Nursery. Funding of £1500 to start work on completing a house for a family of eight whose head died and despite the best efforts of the community to try to complete the structure it remains uninhabitable after 8years. The family currently live in a mud walked house with only two beds. Finally, we must report that two of our trustees, Paul Burns and Peter Pike, unfortunately passed away.

FURNITURE FOR EDUCATION WORLDWIDE CIO For the period ended 5[th] April 2021

Financial Review

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Review of the charity’s financial See attached statements. Funds are raised from donations.
position at the end of the period
Statement explaining the policy We aim to hold 3 months running costs in reserve. At the year end
for holding reserves stating we were below this amount.
why they are held
Amount of reserves held Cash unrestricted reserves £7119
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Structure, Governance and Management

Type of governing document	Constitution dated 16.10.16
How is the charity constituted?	Foundation Charitable Incorporated Organisation
Trustee selection methods	By appointment by the existing Trustees

Approved by the trustees on 10[th] February 2022 and signed on their behalf by:

Signature Full name Terry E. Burns

FURNITURE FOR EDUCATION WORLDWIDE CIO

Independent Examiner's Report to the Trustees of Furniture for Education Worldwide CIO

I report to the charity trustees on my examination of the accounts of the charity for the period ended 5[th] April 2021 which are set out on pages 6 to 8.

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

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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; 2. the accounts do not accord with those records;

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.

Mark R Heaton FCCA FCIE DChA

Independent Examiner

1[st] Floor, Block C

The Wharf, Burnley, BB11 1JG

10[th] February 2022

FURNITURE FOR EDUCATION WORLDWIDE CIO For the period ended 31[st] March 2021

RECEIPTS AND PAYMENTS ACCOUNT

ECEIPTS AND PAYMENTS ACCOUNT
Receipts COVID Grant Burnley Council Fundraising events & donations Total receipts Payments Charitable activity costs Accountancy fees Total payments Net of receipts/(payments) Cash funds last year end Cash funds this year end	Unrestricted funds £ 10000 35223
	45223
	23356 900
	24256

	20967
	7119
	28084

FURNITURE FOR EDUCATION WORLDWIDE CIO For the year ended 31[st] March 2021

Statement of assets and liabilities at the end of the year

	Unrestricted
	funds
	£
Cash funds	28084
Office equipment	1,700
Motor vehicle	6,800

Approved by the Trustees and signed on their behalf on 10[th] February 2022 by:

Terry Burns Trustee

FURNITURE FOR EDUCATION WORLDWIDE CIO For the year ended 31[st] March 2021

NOTES TO THE FINANCIAL STATEMENTS

1 Basis of preparation

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities Act 2011.

2 Fund Accounting
(a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity
(b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor.
3 Taxation The charity is not liable to tax on its charitable activities.

The charity is not registered for VAT. Irrecoverable VAT is included in the expense to which it relates.

4 Transactions with trustees
No remuneration nor expenses were paid to trustees or any persons connected with them during the year or previous year.