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Trustees’ Annual Report for the period
From 1 April 2023 Period start date To 31 March 2024 Period end date
Charity name: Zambian Rural Partnerships
Charity registration number: 1172949
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The prevention or relief of poverty in Zambia by providing: grants, loans, items and services to individuals in need. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
ZaRP CIO provided advice and guidance to the groups of volunteers who are partnering groups of poor farmers in Zambia. These farmers received interest free loans funded by and directly monitored by the UK partners for the purpose increasing income for poor people. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the period 2023-2024 Zambian Rural Partnerships continued to monitor the efforts of and advise the UK partners encouraging and making loans to partners in Zambia. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | ZaRP received income from monthly payments from the current and former trustees. At the end of the year it had a positive bank balance and no current or future liabilities. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | ZaRP’s reserves will be a reflection of its operating costs and financial commitments. |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves |
Para 1.22 | ZaRP has no operating costs or financial commitments and therefore does not hold formal reserves. |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Template Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The Trustees are elected by the Trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Zambian Rural Partnerships |
|---|---|
| Other name the charity uses | ZaRP |
| Registered charity number | 1172949 |
| Charity’s principal address | 19 Layton Lane Shaftesbury Dorset SP7 8EY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Nicholas John Gregory |
Chairman | |||
| Robert Nicholas Kendall-Carpenter |
Treasurer | |||
| Barnaby John Tallack |
||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets There have been no funds held as custodian trustees on held in this capacity behalf of others.
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
There are no exemptions from disclosure.
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Robert Nicholas Kendall-Carpenter | ||
Treasurer |
||
| 20 January 2025 | ||
| 20 January 2025 |
Zambian Rural Partnerships CIO
Statement of Financial Activities For Year Ended 31 March 2024
| Incoming Resources Donations Total Incoming Resources Resources Expended Publicity Loans Stationery Internet Charges MonitoringExpenses IT Total Resources Expended Net Movement in Funds Fund Balance Note 1 |
Note | 2023-24 | 2022-23 | 2021-22 | 2020-21 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Incoming Resources | |||||||||||||
| Donations | 1 | 720 | 4238 | 900 | 1050 | ||||||||
| Total Incoming Resources | 720 | 4238 | 900 | 1050 | |||||||||
| Resources Expended | |||||||||||||
| Publicity | |||||||||||||
| Loans | |||||||||||||
| Stationery | |||||||||||||
| Internet Charges | 43 | ||||||||||||
| MonitoringExpenses | |||||||||||||
| IT | |||||||||||||
| Total Resources Expended | 43 | ||||||||||||
| Net Movement in Funds | 720 | 4238 | 900 | 1007 | |||||||||
| Fund Balance | 16349 | 15629 | 11391 | 10491 | |||||||||
Notes
| 1. Donations | |
|---|---|
| **2023/4 ** | |
| Nick Gregory |
£180 |
| Nick Kendall-Carpenter | £180 |
| Dee Lyons |
£180 |
| BarneyTallack |
£180 |
Zambian Rural Partnerships CIO Balance Sheet As at 31 March 2024
| Zambian Rural Partnerships CIO | |||||||||||||
| Balance Sheet | |||||||||||||
| As at 31 March 2024 | |||||||||||||
| 2023/4 | 2022/3 | 2021/2 | 2020/1 | 2019/20 | |||||||||
| Current Assets | |||||||||||||
| Bank Balance | 16349 | 15629 | 11391 | 10491 | 9484 | ||||||||
| Total Assets | 16349 | 15629 | 11391 | 10491 | 9484 | ||||||||
| Total Assets Less Current Liabilities |
16349 | 15629 | 11391 | 10491 | 9484 | ||||||||
| Funds | |||||||||||||
| General Fund | 16349 | 15629 | 11391 | 10491 | 9484 | ||||||||
| Total Funds | 16349 | 15629 | 11391 | 10491 | 9484 | ||||||||