| Trustees | Anita Lowenstein | Anita Lowenstein | Dent | Dent | |||
|---|---|---|---|---|---|---|---|
| Paul Brown | |||||||
| lan Glover | |||||||
| Kwame Akyeampong | |||||||
| Lauren Evans |
(appointed | 21st September 2021) | |||||
| Registered | Office | 109 Elgin Crescent | |||||
| London | |||||||
| W112JF | |||||||
| Independent | Examiner | Grant Thornton | UK | LLP | |||
| 300 Pavilion | Drive | ||||||
| Northampton | Business Park | ||||||
| Northampton | |||||||
| NN4 7YE | |||||||
| Bankers | Coutts 5 Co | ||||||
| 440 Strand | |||||||
| London | |||||||
| WC2R OQS | |||||||
| Barclays Bank PLC | |||||||
| Leicester | |||||||
| LE87 2BB | |||||||
| Stanbic Bank | |||||||
| Stanbic Heights | |||||||
| 215South Liberation | Link | ||||||
| Airport City |
|||||||
| Accra | |||||||
| Ghana | |||||||
| Charity Registration | Number | 1175660 | |||||
| CIO number | CE012028 |
| Page | |||
|---|---|---|---|
| Trustees' Report |
1-3 | ||
| Independent | Examiner's | Report | 4-5 |
| Statement of | Financial | Activities | |
| Balance Sheet | |||
| Notes to the Accounts | 8- 12 |
| Year ending 31May | Year ending 31May | Year ending 31May | Year | ending 31May | ending 31May | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | Funds | Funds | Funds | ||||
| Income from: | Notes | f | f | f | f | ||||
| Donations | and | legacies | 3 | 144,593 | 49,824 | 194,417 | 249,174 | 56,955 | 306,129 |
| Other trading | activities | 4 | 249 | 249 | 28,211 | — | 28,211 | ||
| Total | 144,842 | 49,824 | 194,666 | 277,385 | 56,955 | 334,340 | |||
| Expenditure on: | |||||||||
| Raising funds | 8 | 21,760 | 21,760 | 12,630 | — | 12,630 | |||
| Charitable | activities | 8 | 154,105 | 11,536 | 165,641 | 225,059 | 39,200 | 264,259 | |
| Other | 8 | 22,350 | — | 22,350 | 16,497 | — | 16,497 | ||
| Total | 176,455 | 33,296 | 209,751 | 254,186 | 39,200 | 293,386 | |||
| Net (deficit) / | surplus | (31,613) | 16,528 | (15,085) | 23,199 | 17,755 | 40,954 | ||
| Total funds | brought forward | 67,206 | 23,225 | 90,431 | 44,007 | 5,470 | 49,477 | ||
| Total funds | carried forward | 35,593 | 39,753 | 75,346 | 67,206 | 23,225 | 90,431 |
| BALANCE SHEET AS | AT31MAY 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Total | Total | |||||||
| Unrestricted | Restricted | Unrestricted | Restricted | |||||
| Funds | Funds | |||||||
| Funds | Funds | 2021 | Funds | Funds | 2020 | |||
| Notes | ||||||||
| Debtors: Amounts | falling due within one year | 48 | 48 | 339 | 6,098 | 6,437 | ||
| Cash at bank and in | hand | 42,999 | 39,753 | 82,752 | 74,649 | 20,500 | 95,149 | |
| Total current assets | 43,047 | 39,753 | 82,800 | 74,988 | 26,598 | 101,586 | ||
| Liabilities | ||||||||
| Creditors: Amounts | falling due within one year | 10 | (7,454) | (7,454) | (7,782) | (3,373) | (11,155) | |
| Net current assets | 35,593 | 39,753 | 75,346 | 82,770 | 23,225 | 90,431 | ||
| The funds ofthe charity | ||||||||
| Unrestricted funds |
35,593 | — | 35,593 | 67,206 | — | 67,206 | ||
| Restricted funds | 39,753 | 39,753 | 23,225 | 23,225 | ||||
| Total charity funds | 35,593 | 39,753 | 75,346 | 67,206 | 23,225 | 90,431 |
| Year ending | Year ending | Year ending | ||||||
|---|---|---|---|---|---|---|---|---|
| 31May | 31May | |||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| Unrestricted Restricted |
Unrestricted | Restricted | ||||||
| Total Funds | Total Funds | |||||||
| Funds | Funds | Funds | Funds | |||||
| f | f | f | f | f | f | |||
| Pro bono | services | 114,515 | 114,515 | 175,270 | 175,270 | |||
| Grant Income | 29,193 | 48,987 | 78,180 | 61,286 | 56,955 | 118,241 | ||
| Individua | I Fundra ising | 885 | 837 | 1,722 | 12,618 | 12,618 | ||
| 144,593 | 49,824 | 194,417 | 249,174 | 56,955 | 306,129 | |||
| 4.Income | from other trading activities | |||||||
| Due to Covid-19 minimal | Income arose | from other | trading | activities | in the year | ended 31May 2021 | ||
| Year ending | Year ending | |||||||
| 31May | 31May | |||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| Unrestricted Restricted |
Unrestricted | Restricted | ||||||
| Total Funds | Total Funds | |||||||
| Funds | Funds | Funds | Funds | |||||
| f | f | f | f | f | f | |||
| Event Fundraising | 27,820 | 27,820 | ||||||
| Other | 249 | 249 | 391 | 391 | ||||
| 249 | 249 | 28,211 | 28,211 |
| Year ending | Year ending | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 2021 |
2021 | 2020 | 2020 | 2020 | ||||||
| Consulting | Expenses | Total | Consulting | Expenses | Total | |||||
| f | f | f | f | |||||||
| lan Glover | 950 | 156 | 1,106 | |||||||
| Anita Lowenstein | Dent | 415 | 415 | 3,650 | 4,205 | 7,855 | ||||
| 415 | 415 | 4,600 | 4,361 | 8,961 | ||||||
| The value of | pro-bono | work | during the year in relation to | services donated by |
trustees in the capacities |
|||||
| ofTreasurer | and | Chief | Executive Officer amounted | to f57,600. There were no | other payments | to | ||||
| Trustees during | the year and none ofthe trustees | have ever been remunerated | for their work | as trustees. | ||||||
| 7.Independent | Examiner's | remuneration | ||||||||
| The fee payable | to the | independent | examiner for | year is: | 2021 | 2020 | ||||
| f | f | |||||||||
| Independent | examiner's fee |
1,620 | 1,590 |
| were provid | ed in the form of |
free services (pro b | ono). | ||||
|---|---|---|---|---|---|---|---|
| Year ending | Year | ending | |||||
| 31May | 31 | May | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | |||
| Including | Pro | Including Pro |
|||||
| Restricted | Unrestricted | bono | bono | ||||
| Raising funds | 21,760 | 12,630 | |||||
| Consultancy | 65,678 | 59,515 | 114,498 | 99,878 | |||
| Programme | fees | 11,536 | 24,870 | 66,275 | |||
| Professiona | I services | 64,299 | 55,000 | 75,392 | 70,392 | ||
| Travel | (742) | 8,094 | |||||
| Charitable | activities | 11,536 | 154,105 | 114,515 | 264,259 | 170,270 | |
| Office 5general | 14,448 | 4,640 | 5,000 | ||||
| Trustee costs | 415 | 4,600 | |||||
| Examination | fees | 1,620 | 1,590 | ||||
| Communications | 5,867 | 5,667 | |||||
| Other | 22,350 | 16,497 | 5,000 | ||||
| Total | 33,296 | 176,455 | 114,515 | 293,386 | 175,270 |
| 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.Debtors: Amounts | falling due | within one year | f | f | ||||||||
| Debtors | 48 | 6,437 | ||||||||||
| Total Debtors | 48 | 6,437 | ||||||||||
| The 2020 debtor mainly | comprising | payments | on account | to our overseas implementation | partner, | |||||||
| School for Life, Ghana, | in running | the T2T | CVTP has now been settled against receipts. | |||||||||
| 2021 | 2020 | |||||||||||
| 10.Creditors: | Amounts | falling due within | one year | f | f | |||||||
| Amounts due |
to trustees | 5,724 | ||||||||||
| Creditors | 7,454 | 5,431 | ||||||||||
| Total creditors: amounts | falling due within one year | 7,454 | 11,155 | |||||||||
| 11.Restricted | Funds | |||||||||||
| During the year f2,974 | was received from | the | Department | for International | Development (DFID), |
|||||||
| now renamed | the Foreign, Commonwealth | 5 | Development | Office | (FCDO). | These funds are | ||||||
| restricted for | the sole | purpose of running | the | T2T CVTP. In | addition | a range | ofother donors | |||||
| provided income with |
restrictions | on spending | as follows: | |||||||||
| 2021 | 2020 | |||||||||||
| f | f | |||||||||||
| DFID (now FCDO) | ||||||||||||
| B/f | 2,725 | 5,470 | ||||||||||
| Income | 2,974 | 36,455 | ||||||||||
| Expenditure | (5,699) | (39,200) | ||||||||||
| C/f | 2,725 |
| The Fore 'Raft' Fund | ||
|---|---|---|
| B/f | 5,000 | |
| Income | 5,000 | |
| Expenditure | (5,000) | |
| C/f | 5,000 |
| NOTES TO TH | E ACCOUNTS FOR THE YEAR ENDING 31MAY 2021 | E ACCOUNTS FOR THE YEAR ENDING 31MAY 2021 | ||
|---|---|---|---|---|
| 11.Restricted | Funds (continued) | 2021 | 2020 | |
| f | f | |||
| Souter Charitable | Trust &Matrix Causes Funds | |||
| B/f | 8,000 | |||
| Income | 8,000 | |||
| Expenditure | ||||
| C/f | 8,000 | 8,000 |
| The Fore Development | Grant, Sir Halley Stewart Trust, Didymus | Charity | ||
|---|---|---|---|---|
| B/f | 7,500 | |||
| Income | 34,600 | 7,500 | ||
| Expenditure | (21,760) | |||
| C/f | 20,340 | 7,500 |
| Sir Halley Stewart Trust, Rhododendron | Trust | |
|---|---|---|
| B/f | ||
| Income | 11,413 | |
| Expenditure | ||
| C/f | 11,413 | |
| Private Donation | ||
| B/f | ||
| Income | 837 | |
| Expenditure | (837) | |
| C/f |