2022-03-31-accounts - The Elspeth J Thompson Memorial Trust (Slyne With Hest Church Hall)

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Trustees’ Annual Report for the period

From 01/01/2022 To 31/12/2022

Charity name: CIKOKO

Charity registration number: 1145533

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	CIKOKO provides funding for the advancement of education by supporting the Mukambi Community School in Kafue National Park, Zambia
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	Payment of teacher salaries. School building and grounds maintenance. New building financing as required. Tertiary educational grants. Teacher further education grants. Arranged a self funded volunteer trip for 26 donors to visit the school and help with maintenance and community support activities
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We confirm that all Trustees had due regard to the Charity Commission’s public guidance when exercising any duties to which the guidance is relevant

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	Enabled the primary school level education for more than 60 pupils across all grades. Without the support of this charity the school would not be able to function independently. In addition, we ensure the continued employment of 5 teachers. This has a significant positive impact to the children, teachers, and their families. The Mukambi Community School as performed so well that the school now has official government recognition and support (Exams and Books) Hosted a volunteering trip for 26 donors to attend the school for a week in November. The volunteers raised in excess of £46k and helped repaint the school, repaired windows and desks and took part in community support activities. Continued the University Degree Course funding for 2 ex-students for another year.

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	The charity finances are strong, and the cash reserves are sufficient to ensure the continued support of the school.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We hold reserves not spent on our stated objectives to ensure longevity and to cover lower fundraising years
Amount of reserves held	Para 1.22	£40 635
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No uncertainties about the charity’s longevity at this stage

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	Donations from the public. Proceeds from fundraising events Proceeds from volunteering trips to the school
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	None
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Association
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	New Trustees are selected by a majority vote of existing Trustees during a special session

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Cikoko
Other name the charity uses
Registered charity number	1145533
Charity’s principal address	Flat 6 Molines Wharf 100 Narrow Street London E14 8BP

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
Nick Truyens	Chair	Trustee Committee
Graham Smith	Trustee	Trustee Committee
Hazel Nicholls	Trustee	Trustee Committee
Janet Lauder	Trustee	Trustee Committee

– 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 N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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

N/A

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) Janet Lauder Full name(s) Nick Truyens Position (eg Secretary, Chair Chair, etc) Date

The Elspeth J Thompson Memorial Trust (Slyne with Hest Church Hall	The Elspeth J Thompson Memorial Trust (Slyne with Hest Church Hall	The Elspeth J Thompson Memorial Trust (Slyne with Hest Church Hall	Charity No (if any)	1175313
Annual accounts for theperiod
Period start date	1-Apr-21	To	Period end date	31-Mar-22

Section A Statement of financial activities

Recommended categories by activity

Incoming resources

Income and endowments from:

Donations and legacies-- Hest Bank URC

-- St Lukes PCC

-- Other donations Charitable activities-Hiring of Church hall --Café takings Investments-Bank loyalty reward (interest) Fund raising events Other--Grants received Insurance Claim & Contract Refund

Total

Resources expended

Expenditure on:

Moveable equipment etc Charitable activities-Hall running expenses

-Open evening Architectural and related professional fees

Other - Café Purchases

Total

Net income/(expenditure)

Extraordinary items Transfers between funds

Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use

Net movement in funds

Reconciliation of funds: Total funds brought forward Total funds carried forward (Note6) 1

£ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Total funds 2021 Prior year funds 2020	£ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Total funds 2021 Prior year funds 2020	£ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Total funds 2021 Prior year funds 2020	£ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Total funds 2021 Prior year funds 2020	£ £ £ £ £ F01 F02 F03 F04 F05 Unrestricted funds Restricted income funds Endowment funds Total funds 2021 Prior year funds 2020
-	-	18,091	18,091	26,788
		-
38		-	38
14,817	-	-	14,817	1,375
262	-	-	262
4	-		4	4
2	-	-	2
10,667	-		10,667	21,003 1,060

25,790	-	18,091	43,881	50,230

	-		-	177
9,632	-	-	9,632	5,330
-			-
-	-		-	1,619
65	-	-	65	-
9,697	-	-	9,697	7,126

16,093	-	18,091	34,184	43,104

-	-	-	-	-
-	-	-	-	-

-	-	-	-
16,093	-	18,091	34,184	43,104

19,471	-	878,044	897,515	854,411
35,564	-	896,135	931,699	897,515

Section B Balance sheet

£ £ F01 F02 Unrestricted funds Restricted income funds	£ £ F01 F02 Unrestricted funds Restricted income funds	£ F03 Endowment funds	£ £ F04 F05 Total this year 2021 Total last year 2020	£ £ F04 F05 Total this year 2021 Total last year 2020
-	-	-	-	-
-	-	829,328	829,328	829,328
-	-	-	-	-
-	-	-	-	-
-	-	829,328	829,328	829,328

-	-	-	-	-
-	-	-
	-	-		987
35,564		66,807	102,371	69,355
35,564	-	66,807	102,371	70,342

	-			2,155

35,564	-	66,807	102,371	68,187

35,564	-	896,135	931,699	897,515

-	-	-	-	-
-	-	-	-	-

35,564	-	896,135	931,699	897,515

-		896,135	896,135	878,054
			-	-
35,564		-	35,564	19,461
			-
35,564	-	896,135	931,699	897,515

Signature		Print	Name	Date of approval dd/mm/yyyy
		David Ruddick		11/26/2023

CC17a (Excel)

11/29/2023

Brennda Mills 11/26/2023

CC17a (Excel)

11/29/2023

Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014,

ü known as Charities SORP (FRS102)

and in accordance with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102, and the Charities Act 2011

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support Not Applicable the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the Not Applicable going concern assumption doubtful;

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

Not Applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

There has been no change in accounting policy during the year.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

1.5 Material prior year errors

No material prior year error has been identified in the reporting period (3.47 FRS 102 SORP).

CC17a (Excel)

11/29/2023

Section C	Notes to the accounts (cont)
Note 2	Accounting policies
2.1 INCOME
Recognition of income	These are included in the Statement of Financial Activities (SoFA) when:
	· the charity becomes entitled to the resources;
	· it is more likely than not that the trustees will receive the resources; and
	· the monetary value can be measured with sufficient reliability.
	There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting	or permitted by the FRS 102 SORP or FRS 102.
	Grants and donations are only included in the SoFA when the general income
Grants and donations	recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Legacies	Legacies are included in the SOFA when receipt is probable, that is, when there has
	been grant of probate, the executors have established that there are sufficient assets in
	the estate and any conditions attached to the legacy are either within the control of the
	charity or have been met.
Donated services and	Donated services and facilities are included in the SOFA when received at the value of
facilities	the gift to the charity provided the value of the gift can be measured reliably.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Income from interest,	This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends	be measured reliably.
Investment gains and	This includes any realised or unrealised gains or losses on the sale of investments and
losses	any gain or loss resulting from revaluing investments to market value at the end of the
	year.
2.2 EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised where it is more likely than not that there is a legal or
	constructive obligation committing the charity to pay out resources and the amount of the
	obligation can be measured with reasonable certainty.
Governance and support costs	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
	Support costs include central functions and have been allocated to activity cost
	categories on a basis consistent with the use of resources.
Deferred income	No material item of deferred income has been included in the accounts.
Creditors and liabilities	Creditors are measured at settlement amounts less any trade discounts
	A liability is measured on recognition at its historical cost and then subsequently
	measured at the best estimate of the amount required to settle the obligation at the
	reporting date
2.3 ASSETS
Tangible fixed assets for	These are capitalised if they can be used for more than one year, and cost at least
use by charity	£1,000 individually. They are stated at cost
	The depreciation rates and methods used are disclosed in note 4
	Debtors (including trade debtors) are measured on initial recognition at settlement amount after
Debtors	any trade discounts. Subsequently, they are measured at the cash or other consideration
	expected to be received.

Section C Notes to the accounts (cont)

Note 3 Tangible fixed assets

3.1 Cost or valuation

Freehold land £	£ Freehold Church Hall	£ Fixtures, fittings and equipment	Total £
90,100	739,228	-	829,328
-		-	-
-	-	-	-
-	-	-	-
-	-	-	-
90,100	739,228	-	829,328


0%	0%

-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

90,100	739,228	-	829,328
90,100	739,228	-	829,328

3.4 Impairment

There has been no impairment of fixed assets in either this year or the proir year

CC17a (Excel)

11/29/2023

Section C Notes to the accounts (cont)

Note 4 Creditors and accruals

Analysis of creditors

Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Accrued expenses Income received in advance Other creditors Tota	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	-	-	-	-
	-	-	-	-
			-	-
			-	-
	-	-	-	-
	l-	-	-	-

CC17a (Excel)

11/29/2023

Section C Notes to the accounts (cont)

Note 4 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total	This year £	Last year £
	-	-
	70,002	-
	32,369	69,307
		48
	102,371	69,355

CC17a (Excel)

11/29/2023

Section C Notes to the accounts (cont)

Note 5 Charity funds

Details of material funds held and movements during the CURRENT reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	£ Fund balances brought forward	Income £	Expenditure £	Transfers £	£ Gains and losses	£ Fund balances carried forward

Church Hall BuildingFund	EE	For monies received and expended in y ,	878,044	18,091		-	-	896,135
		Lancaster.,
		Lancaster
			-	-	-	-	-	-
General Fund	UR	General Reserve arisingfrom the				-	-	-
		activities of operatingthe Church Hall	19,471	25,790	9,697			35,564
			-	-	-	-	-	-
					-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			897,515	43,881	9,697	-	-	931,699

CC17a (Excel)

11/29/2023

Section C Notes to the accounts (cont)

Note 6 Transactions with trustees and related parties

Trustee remuneration, benefits, and expenses

6.1 None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity in either this or the prior year.

Transactions with related parties

6.2 None of the Trustees has received any expenses in either this or the prior year.

CC17a (Excel)

11/29/2023

CHARITY COMMISSION FOR ENGLAND AND WALES i Independent examinerfs report on the accounts Soctson A Ind•wndent Eyamin•rfs Report Th8 Elspeth J TlwyTrpson Mnor1 Trust (sty wlh Fsi Chwch Hal) On lor the y•ar 31 klw¢h 2022 (if anyi I Set out on p•g•s ' I w to It truslees on my examinK•n ol ac¢oqrts of the above charty ("tt Tntst-) f(¥ tr y•ai ended 31 March 2022 R•sponsthlNtiqs •nd As charity trustse8 of the Trnst. are rttpwble lor th• kYepw8tson l>•w ol report ol accoLrts atd tth the rewwements ot the chrt A 2011 {-tr Aci") I report In re¥ of ffty exafftnats.on ol the Tnt s cned out under secTh1 145 of the 2011 Ad and In caryiTrJ crtrt my examination, I have followed the awluble Dedn5 given by the Charrty CunmsM i¥Kler Seam 145(511bl of it Art. Indèpendent I have ¢orntyel•J my •xr¥natson I c(rfinn Ihat no mat•nal mats5 have examinerfs statement come lo my attwitM>n in conneth.on •rth the gwes me cae to belwe that In. any rrnaterial r•6ped. accwnling rec$ were nol kepl in aCrAyd wth 8eth(x7 1x1 ol It Act or I have no Cm$ and have ¢¢)me auoss no other matter5 in conn•ctK Tjwlh tlr examinaticffi to wh•ch attefibon sh¢)uld t¢ drawn to en Sign•d.. Dat•: i 18 I40nI 2023 N•mg: ' Dav1 Rugsell Long1) R•knanl professional ,, Instrtirte ol Chtffed Accwrtants m England & Wa (FCA) qualrflcats¢>n{sTr or body ' Addrus., 1 9 T<Tr Er¥J, Boll le Sar#Jg. Lcamforth, LA5 8JF IER October 2018