the Bitou Community Foundation Trust (also known as the Bitou Trust)
Report and Financial Statements For the year ended 31 March 2024 Charity No. 1172847
Bitou Trust
CHAIRMAN’S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
As Chairman of the Bitou Community Foundation Trust, I am deeply moved to present our annual report for the year ended March 2024. This has been a year of remarkable resilience and growth for our beneficiaries, despite the ongoing challenges faced by South Africa and the communities we serve.
The PlettAid Foundation has demonstrated extraordinary commitment in expanding their reach and impact. Their Hospice Plett team conducted over 8,750 visits to a record 307
patients, performing more than 35,000 interventions. The appointment of a Senior Social Worker in February 2024 has already strengthened their psycho-social support services, with plans to develop holistic support structures for vulnerable and orphaned children of patients.
The Plett Wellness team's dedication is equally inspiring, with their community health workers conducting 25,000 household visits and performing over 47,500 health screenings. Their work in the 1st 1000 Days project, supported by the Lipschitz Trust, has evolved into a comprehensive approach to early childhood development, incorporating both child and parent support.
Our environmental conservation efforts through the Robberg Coastal Corridor Protected Environment have achieved significant milestones. The successful CapeNature protected area audit and subsequent Biodiversity Stewardship Award validate their approach to conservation. The Inqua Trail continues to demonstrate how conservation, education, and community engagement can work in harmony.
I am particularly encouraged by the establishment of the Bitou Social Development Forum, which represents a significant step toward our long-held vision of collaborative community care. This initiative promises to strengthen the network of organizations working to uplift and support vulnerable members of our community.
As we look ahead, we remain committed to our dual mission of providing palliative care to both the people and places of Bitou. The challenges we face - from healthcare access to environmental preservation - require sustained dedication and support. I am deeply grateful to our donors, whose generosity makes our work possible, and to our remarkable teams on the ground whose dedication brings our mission to life.
To all our supporters, thank you for walking this path with us. Together, we are building a more resilient and caring Bitou community.
Lady Conyngham (Chair)
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FROM THE CEO OF THE PLETTAID FOUNDATION: CECILY VAN HEERDEN
Though a tough, financially precarious year marked by serious staff shortages, the PlettAid team made a significant difference in the lives of the Bitou community. The sheer number of community members supported by Community Health Workers, nurses, social workers, volunteer emotional supporters, and lay counsellors speaks volumes.
Our Hospice Plett team - comprising three sisters, seven home-
based carers, a social auxiliary worker, and three emotional support volunteers - conducted 8,751 visits to 307 patients, performing over 35,184 interventions. These included pain and symptom management, medication oversight, counselling, social welfare support, illness adjustment assistance, and bereavement support.
Hospice Plett has grown in stature and reach, becoming the organization of choice for private general practitioners and public health services seeking Home-based Palliative Care in Bitou. The Hospice team operated without a social worker for 10 months until February 2024, when Celéste Pires joined as Senior Social Worker. Her immediate impact highlighted previously unaddressed social issues, strengthened partner networks, and enhanced psychological support for patients and families. The Social Workers will focus on vulnerable and/or orphaned children (OVCs) of patients this year, developing a holistic support structure for OVCs in our Hospice Plett programme, inclusive of education, bereavement, and basic life-skills support.
The Plett Wellness team, led by two sisters with 29 community health workers and 2 lay counsellors, conducted over 25,000 household visits throughout Bitou communities, performing 47,501 health screenings and referring 1,771 community members to appropriate healthcare facilities. Additionally, 13,021 clients received adherence counselling for chronic conditions including HIV, hypertension, diabetes, TB, asthma, and epilepsy. This program aims to enhance community health through improved health literacy, early illness detection, and proper healthcare access.
Nine lay counsellors support the Plett Wellness Team across Primary Health Care clinics throughout Bitou, providing adherence support, HIV and TB screening through voluntary counselling and testing, and antenatal support for expectant mothers.
A Lipschitz Trust grant enabled our expansion of the 1st 1000 days project from May 2023. This Plett Wellness initiative takes a holistic view of child development from conception to age three. We partnered with Knysna Education Trust to train 40 CHWs and lay counsellors on child development, educating parents on play-to-learn, book-sharing, and promoting healthy childhood development. The project incorporates parenting workshops to foster healthy parenting skills. Mental health awareness underlies community wellness, prompting community dialogues about mental illness recognition, stigma reduction, and access to care.
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Our vision of unified Bitou service organizations began materializing in early 2023/24 through the Bitou Social Development Forum (BSDF), established through Bitou Municipality's Herman Nieuwoudt and various NPOs. The BSDF aims to:
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Strengthen organizations addressing health, welfare, and social development.
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Facilitate effective networking and information sharing.
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Raise funds supporting BSDF and member goals.
The PlettAid Foundation remains committed to harnessing the collective strength of Bitou organizations serving vulnerable communities.
Funding remains a top priority for our Board and management. While the Department of Health funds 95% of the Plett Wellness Programme, Hospice Plett depends entirely on fundraising. Our Hospice Charity shop, our primary fundraising initiative since 2018, continues to thrive under Sharon Bright's leadership, generating almost R1.2 million in 2023/24 and contributing approximately R650,000 after expenses.
We are so incredibly grateful for the ongoing support of the Bitou Trust.
Thank you Cecily van Heerden.
POSTCRIPT: We are delighted to share that the Sister Cecily van Heerden, CEO of the PlettAid Foundation, has recently been asked to accept a nomination as Chairman of the Western Cape Palliative Care Association (previously HPCA). This is a great accolade of which we are all, justifiably, proud. We believe it will continue to build the network of care providers who engage with the PlettAid Foundation, ensuring a more effective inter-agency approach to ensuring continuity of care across domains.
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FROM THE CONSERVATION MANAGER OF THE ROBBERG COASTAL CORRIDOR: KEI HEYNS
The year to March 2024 has been marked by exciting conservation triumphs and scientific discoveries for the Robberg Coastal Corridor Protected Environment (RCCPE). Our team’s dedication was
recognised at the highest levels as we both successfully passed the rigorous CapeNature protected area audit in November and subsequently received the prestigious CapeNature Biodiversity Stewardship Award for the best stewardship site on the Eastern Landscape. Kei Heyns, Conservation Manager at RCCPE, reflected, “These accolades reflect the tireless work of our team and partners. They validate our approach to conservation and inspire us to push even further in our efforts.”
The corridor’s flagship Inqua Trail has experienced a significant increase in awareness and interest. This guided hiking experience is more than just a scenic walk; it’s a crucial component of the RCCPE’s conservation strategy. “Every step on the Inqua Trail is a step towards conservation,” explains Nicola Ash, marketing manager for the trail. “Hikers are directly contributing to the protection of one of South Africa’s most critical biodiversity hotspots.”
The trail, which traverses 18 km of pristine coastline, offers visitors a unique blend of ecological immersion and educational experience. In 2024, the trail introduced specialised programs like the “Spirit of the Wild,” focusing on personal transformation and mindfulness exercises whilst in nature. It continues to be an important site of scientific discovery with researchers uncovering pristine Middle Stone Age open-air sites and rock art that sheds new light on the region’s archaeological significance. “These findings are rewriting our understanding of early human activity in the area,” said Dr. Jan de Vynck, a leading researcher involved in the discoveries.
Wildlife Monitoring systems, now installed across the corridor, have also yielded exciting discoveries. Camera traps have captured images of elusive species, including aardvark and leopard, previously thought to be rare in the area. “These sightings are crucial for understanding the true biodiversity of the corridor,” Heyns explained. “They influence our conservation strategies and highlight the importance of protecting these habitats.”
During the year we intensified our efforts in community outreach, holding regular stakeholder meetings and expanding educational programs. Plans are also underway to incorporate new properties into the protected area, with an updated management plan in development. “Our success is deeply rooted in community support,” Heyns emphasized. “As we grow, we’re committed to ensuring local stakeholders remain at the heart of our conservation efforts.”
Despite these successes, the RCCPE team remains vigilant in addressing environmental threats from inappropriate development and conducting regular alien vegetation clearing. As the Robberg Coastal Corridor Protected Environment moves into its next phase of growth, it stands for the power of
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dedicated conservation efforts. Its blend of ecological preservation, scientific research and sustainable tourism hopes to set a standard for protected areas in the region and beyond.
The work of the RCCPE extends far beyond the Inqua Trail. The protected environment serves as the last remaining ecological lifeline for many endangered plant and animal species. Its efforts focus on several key areas:
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Habitat Preservation: The team works tirelessly to maintain the integrity of the coastal ecosystem, which includes fynbos – part of the world’s smallest and most vulnerable floral kingdom.
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Alien Vegetation Clearing: Regular clearing operations combat invasive species that threaten native flora. In the past year, the team has cleared over 175 hectares across various properties.
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Wildlife Monitoring: A comprehensive camera trap system has revealed the presence of elusive species like aardvark and leopard, informing and influencing conservation strategies.
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Archaeological Preservation: The corridor is home to significant paleontological and archaeological sites, including Middle Stone Age open-air sites and rock art.
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Development Watchdog: The RCCPE team actively comments on and objects to inappropriate developments that could threaten the ecological balance of the area.
Dr. Morkel Pienaar, Chairman of the RCCPE, explains the broader significance of their work: “The Robberg Coastal Corridor is not just about protecting a beautiful piece of coastline. It’s about preserving a complex ecological network that supports countless species and provides invaluable ecosystem services.”
The importance of this work extends beyond local conservation. As climate change continues to threaten biodiversity worldwide, protected areas like the RCCPE serve as crucial refuges and living laboratories for understanding and mitigating these impacts.
“Every hectare we protect, every species we save, contributes to the global effort to maintain biodiversity,” Heyns adds. “The Inqua Trail and our broader conservation work are intertwined – they represent our commitment to protecting this paradise for future generations.”
As the RCCPE looks to the future, plans are underway to expand the protected area and incorporate new properties. This growth will further strengthen the ecological corridor, enhancing its ability to support diverse flora and fauna. As visitors hike through this stunning landscape, they’re not just witnessing nature – they’re actively participating in its preservation.
I extend my deepest gratitude to the Bitou Trust for their ongoing support. Together, we are making a difference.
Kei Heyns Conservation Manager, RCCPE
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).
Reference and Administration
Charity Name
The name of the charity is the Bitou Community Foundation Trust, also known as The Bitou Trust.
Charity Number
1172847
Trustees
Lady Annabelle Conyngham (Chair) Chris von Christierson Philippa Vaughan Jane Taylor Morkel Pienaar (appointed 31 January 2024) Philippa Mary Sauvenier (appointed 30 January 2024)
Programme Manager
Tamzin Ractliffe
Principal Office
30 Kings Lane Windlesham Surrey GU20 6JQ
Independent Examiner
Tiffany Purves, FCA CA(SA): Director of About Finance Limited, 9 Danesfield, Ripley, Surrey GU23 6LS. Tel: +44 1483 223371
Bankers
CAF Bank Limited, 25 Kings Hill Ave, Kings Hill, West Malling ME19 4TA Tel: +44 3000 123 000
Structure, Governance, and management.
Governing Document
The Bitou Community Foundation Trust, also known as The Bitou Trust (‘The Trust’) was established as a registered UK Charity (Charity Number 1172847) constituted under a Trust Deed dated 26[th] December 2016 and registered with the Charity Commission in April 2017.
The Trust sought to provide a vehicle through which caring and interested citizens could provide financial support to the need for healthcare, community development and environmental conservation to uplift the impoverished communities and protect the unique natural biodiversity in the Bitou region of the Western Cape. It was established with an initial gift from the Founding Trustees and actively fundraises in the UK and Europe to support sustainable development, health & wellbeing, and environmental conservation in the Bitou region of the Western Cape of South Africa.
Our efforts are focused on registered public benefit organisations working in the Eden District of the Bitou region of the Western Cape including the communities of Storms River, Wittedrif and Plettenberg Bay in the east and Harkerville in the west. This is an area of some 123km in length and one of the world's biodiversity
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hotspots. The Bitou region is urgently in need of more sustainable development practices. The communities of Bitou have shown rapid growth of a predominantly poor population with migrants largely coming from the even poorer communities of the Eastern Cape.
Poor living conditions as well as inferior nutrition exacerbate poor health, are placing significant strain on the community which is under resourced in clinics and care facilities. At the same time, rapid development is having a significantly damaging effect on the environment and biodiversity of the region. A clear programme of environmental conservation most especially of the indigenous fynbos is essential for the unique and pristine coastline and the surrounding lands making up the Robberg Coastal Corridor.
Purpose
We support the development and conservation of a vibrant culture of care, making us a region of strong, interconnected communities providing palliative care for the people and conservation for the places of Bitou.
Our primary purpose is to provide palliative care to the people and places of Bitou. Palliative care is holistic care and relief for the poor, the sick, the young and the aged facing life-limiting illnesses and loss in their families. We also provide care, conservation, and protection for the places of Bitou. This natural environment is a biodiversity hotspot that is being harmed by rapid development and destruction of the flora, fauna and natural ecosystems that are of immense natural beauty and that provide important ecosystem services.
Recruitment and appointment of Trustees
The Deed provides for a minimum of three trustees. All trustees give of their time freely and no trustee remuneration is paid. Trustees are required to disclose all relevant interests and register them with the Trust Manager and, in accordance with the Trust’s policy, to withdraw from decisions where a conflict of interest arises. Trustees are appointed for a period of five years after which time they may put themselves forward for re-appointment.
The trustees will consider new trustee appointments recruited for their knowledge, empathy and experience of the charity and its mission and to ensure the skills and composition of the trustee body and succession planning is optimised. Under the provisions of the Deed of Trust, any trustee may propose a willing and eligible candidate. New trustees may be sought by open advertisement or through dialogue with prospective interested parties who respect the ethos and commitment of the Trust and its charitable objectives.
Induction and training of new trustees
There is no formal induction process. However, a pre-appointment presentation introduces the objects and activities to potential Trustees and literature is made available to outline and clarify the work of the Trust. All Trustees are introduced to the responsibilities and duties of a trustee and the expectation the Charity has of them. All trustees have considerable experience either as trustees or as company directors.
Related parties
The Trust currently has two South African beneficiaries viz. PlettAid Foundation and The Robberg Coastal Corridor Protected Environment. Both are supported by the fundraising activities of the Bitou Trust in the UK.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error The Trustees recognise that exchange rate fluctuations may result in funds raised and/or transferred to South Africa may be different to those anticipated and/or budgeted for. The trustees have reviewed this risk and established a policy to manage this risk which retains the focus on the public benefit derived from our funding of the work of our beneficiaries and reports accordingly to the donors committed to the work.
Objectives and activities for the public benefit
The primary purpose of the Trust is to support the care and wellbeing of the Bitou region, its environment and all its people. We will support organisations, programmes and initiatives that deliver support services, education and training, capacity development and related activities that together promote and increase the
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likelihood of success of efforts to establish sustainable livelihoods, promote health, wellbeing, community capacity building (including adaptive capacity to climate risks) and social inclusion, and that ensure the environment of the region can continue to support the people, flora and fauna in a way that will sustain the region for the future.
Our initial support has focused on the work of the PlettAid Foundation and the Robber Coastal Corridor Protected Environment. However, we remain open to partnerships that will consolidate, expand, and add value to leverage the efficiencies of our actions and of the benefits on the communities we serve.
The Trust meets its objectives through a programme of fundraising, strategic partnership and programme research and advocacy where appropriate. During the period under review, the Trust has renewed its efforts to rebuild and reconnect with its donors outside of South Africa which were impacted by the Covid pandemic and the challenges faced by South Africa since then. We believe this will support our efforts to support the expansion and ongoing service delivery of the Bitou Trust’s beneficiaries in the country.
Strategic priorities
At an annual year-end meeting of the trustees, the trustees agree the broad strategy and areas of activity for the Trust including consideration of grant seeking, programmatic activity, and fundraising performance. The day-to-day administration of fundraising and grant making activities, and the processing and handling of applications is delegated to the Trust Manager, a volunteer working in the sector in the UK.
Financial review
Total grants received in the year ended March 2024 amounted to £270,568 (2023: £253,355). This includes grants of £2,706 received in the UK (2022: £2,529) and grants of R6415,963, received in South Africa ((2023: ZAR 5,518,244). No monies were remitted to beneficiary organisations in the period. At the end of the year there were cash reserves in the UK of £4,583 (2023: £6,012).
Reserves policy
The Bitou Community Foundation Trust is a vehicle focused on raising funds to support its South African beneficiaries. Its support team are all volunteers which means that only nominal reserves are required. Thus, it is the Trust’s policy to remit funds to beneficiaries in each year in which they are generated to support the work of beneficiaries in that year. Reserves maintained will only seek to be sufficient for ongoing maintenance of the Trust and its regulatory and fiduciary obligations.
Principal funding sources
Donor support from the UK has been instrumental in supporting programmatic activity in both the UK and South Africa and the trustees are grateful for the support of donors, including those participating in The Funding Network, who have responded positively to its mission and objectives, and enabled it to make important progress during this first year of activity.
This report has been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).
Approved by order of the Board of Trustees on 30 November 2024 and signed on its behalf by:
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Bitou Trust
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOMING RESOURCES | ||
| Voluntary Income: | ||
| Unrestricted funds | 2,706 | 2,529 |
| Restricted funds | - | - |
| TOTAL INCOMING RESOURCES | £ 2,706 | £ 2,529 |
| RESOURCES EXPENDED | ||
| Costs of generating funds | ||
| Operating costs | 1,135 | 72 |
| Charitable activities | 3,000- |
- |
| TOTAL RESOURCES EXPENDED | £ 4,135 | £ 72 |
| Net incoming resources | -1,429 | 2,457 |
| RECONCILIATION OF FUNDS | ||
| Funds brought forward | 6,012 | 3,555 |
| TOTAL FUNDS CARRIED FORWARD | £ 4,583 | £ 3,555 |
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BALANCE SHEET AT 31 MARCH 2024
| Note | 2024 | 2023 |
|---|---|---|
| CURRENT ASSETS | ||
| Cash at bank and in hand | £ 4,583 | £ 6,012 |
| NET CURRENT ASSETS | £ 4,583 | £ 6,012 |
| FUNDS | ||
| Note | ||
| Unrestricted funds | £ 4,583 | £ 6,012 |
| Restricted funds | - | - |
| TOTAL FUNDS | £ 4,583 | £ 6,012 |
Trustees’ responsibilities in relation to the financial statements
The trustees acknowledge that they are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Observe the methods and principles of the Charities SORP
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Make judgements and estimates that are reasonable and prudent.
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State whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and:
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Prepare the financial statements on the going concern basis unless it is inappropriate to do so.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the integrity of the charity and financial information included on the charity’s website.
The Charity is entitled to exemption from audit under Section 144(2) of the Charities Act 2011 (the 2011 Act).
Approved by resolution of the board of trustees on 30 November 2024 and signed on its behalf by:
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Accounting Policies
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income, and the amount can be quantified with reasonable accuracy.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of the services provided by volunteers has not been included in the accounts.
Resources expended.
Expenditure is recognised on an accruals basis as a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and costs linked to the strategic management of the charity.
Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.
Charitable activities
This relates to grants given either to the Trust’s beneficiaries in South Africa or to its partnership beneficiaries according to the intentions and specifications of the donors to specific charitable activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds
These can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds
Designated funds are unrestricted funds earmarked for specific objectives or a particular project and can be utilised at the discretion of the trustees to further the objectives of the project concerned. More specifically, funds for operating costs represent a founding grant to support the operational costs associated with ensuring that the Bitou Trust can establish itself well to further its mission and the mission of its beneficiary partner organisations.
Restricted funds
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular focused, and therefore restricted, purpose.
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Costs of generating voluntary income
During the period, no costs were incurred as the Programme Manager worked on a voluntary basis. Costs were limited to banking fees only.
No trustees’ remuneration was paid nor was any other benefit paid to trustees for the year ended 31 March 2024.
Related party disclosures
All of the activities referred to in the Trustees’ Report relate to activities conducted by the PlettAid Foundation or the Robberg Coastal Corridor Protected Environment NPO, beneficiaries of the Bitou Trust in South Africa. Both the PlettAid Foundation and the Robberg Coastal Corridor Protected Environment raise further funding locally and their financials for the period are appended for available on our website.
The Trustees have taken the decision to also present the consolidated accounts for the Bitou Trust and the PlettAid Foundation to reflect a more correct indication of the work. Most especially, the Trust is responsible for connecting many donors directly to beneficiary organisations and this consolidated account thus presents a more accurate reflection of what the efforts of these beneficiaries are achieving. The consolidated accounts are based on the independently inspected UK accounts and the South African audited financials as presented to the Board by Mazars Chartered Accountants.
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
I report on the accounts for the Trust for the year ended 31 March 2024, which are set out on pages 11 to 14.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under the Charities Act 2011 (the 2011 Act) Section 144(2) and that an independent examination is required.
It is my responsibility:
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to examine the accounts under Section 145 of the 2011 Act.
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to follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of the independent examiner’s report
My examination was conducted in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedure undertaken to not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view,’ and the report is limited to those matters set out in the statements below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements:
(a) to keep accounting records in accordance with Section 130 of the 2011 Act; and
- (b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act,
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tiffany Purves FCA CA (SA)
Director, About Finance Limited 9 Danesfield, Ripley, Surrey GU23 6LS
Date: 30 November 2024
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APPENDIX
THE BITOU TRUST (UK) and PLETTAID FOUNDATION (SA)
CONSOLIDATED FINANCIAL STATEMENTS
(Presented in GBP) For the year ended 31 March 2024
The reports and statements set out below comprise the consolidated financial statements of the Bitou Trust UK and PlettAid Foundation (South Africa) based on these accounts for the Trust and the audited financial statements of the latter as prepared by Mazars and signed by Trustees of the PlettAid Foundation on 5th July 2024.
| Contents: | Page |
|---|---|
| Statement of Financial Position | 2 |
| Statement of Comprehensive Income | 3 |
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STATEMENT OF FINANCIAL POSITION as of 31 MARCH 2024
| ASSETS Non-current assets Fixed Assets Net Current assets Cash and equivalents Accounts receivable Creditors / Amounts falling due within one year Total assets CAPITAL AND LIABILITIES Trust Capital Restricted Revenue Funds Unrestricted Revenue Funds Total capital and liabilities |
2024 2023 2022 GBP GBP GBP 11,624 13,956 14,716 |
|---|---|
| 11,624 13,956 14,716 |
|
| 48,259 42,514 82,457 |
|
| 54,145 47,189 91,905 465 773 1,472 (6,351) (5,448) (10,921) |
|
| 59,883 56,470 97,173 |
|
| 59,883 58,660 123,429 |
|
| 55,300 50,458 93,618 4,583 6,012 3,555 |
|
| 59,883 56,470 97,173 |
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STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2024
| INCOMING RESOURCES Grant Funding Grant Funding Donations Donations – restricted Donations - unrestricted Total income RESOURCES EXPENDED Charitable activities PlettAid Foundation Support costs Accounting & Audit Fees Bank charges Other Total costs Net (outgoing)/incoming resources Income tax Net incoming resources Total funds brought forward Reinstatement of Funds for FX movement Total funds carried forward |
2024 GBP 2023 GBP 2022 GBP |
|---|---|
| 270,839 251,496 323,703 |
|
| 270,839 251,496 323,703 |
|
| 988 2,529 1,500 |
|
| 0 988 2,529 1,500 |
|
| 271,827 254,025 325,203 |
|
| 263,260 282,788 296,317 - - 550 1,135 72 120 |
|
| 264,395 282,860 296,987 |
|
| 7,432 (28,835) 28,216 - - - |
|
| 7,432 (28,835) 28,216 56,470 97,173 65,012 (4,019) (11,868) 3,945 |
|
| 59,883 56,470 97,173 |
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