Annual Report 1 May 2022 – 30 April 2023
Rosa Foundation Registered Charity: 1170158
Income
Previous income: £13508 Income for period: £7293 Restricted donations: £210 Unrestricted donations: £7083
Total income: £20801
Expenditure
Poverty alleviation £14210 Running costs £274
Total expenditure: £14484
Income at end of period: £6317 Liabilities: £0
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Trustees’ Annual Report 01/05/22 – 30/4/23
The trustees of Rosa Foundation confirm that the activities of the charity comply with the Charities Act 2011.
Aims
To work in poverty alleviation and furthering education in South America and where agreed ad hoc projects around the world. This year the Rosa Foundation has been primarily focussed on working in Brazil and the United Kingdom, but has made modest payments of donations to Yemen, Turkey and Pakistan (where there was a specific request for this payment), or there were deemed to be beneficiaries who were otherwise suffering privation and to whom some alleviation of suffering was possible due to access to localised awareness, through trusted well-wishers of Rosa Foundation within the UK.
Objectives
The objectives of Rosa Foundation were to focus its work in limited areas, and focus on Brazil and the UK. As well, it made a strategic good-will loan, which was paid in full and on the expectation that the charity would be generously supported by the recipient.
Achievements
There were contributions made in the form of cash payments for eligible beneficiaries of zakat and sadaqah, frequently these individuals were in dire need. A food distribution project was ran in Yemen, which helped a dozen or so families. Some money was also sent to help Syrian widows in Turkey's Hatay province. One vulnerable family at high risk of violence was supported in Brazil. Some restricted and unrestricted aid was distributed within the UK and Pakistan.
Targets for next accounting period
To continue to monitor microcredit loans issued in 2017 and to ensure their efficient and transparent use. To apply for the backlog of gift aid claims in order to support the charity's expenses, such as building the website.
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