TRUSTEES’ REPORT
AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023
REGISTERED CHARITY: 1175660
CHARITABLE INCORPORATED ORGANISATION: CE012028
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TEACH2TEACH INTERNATIONAL
CHARITY INFORMATION
| Trustees | Anita Lowenstein Dent |
|---|---|
| Ian Glover | |
| Nola Beirne | |
| Rebecca Catherine Roden | |
| Registered Office | 109 Elgin Crescent |
| London | |
| W11 2JF | |
| Independent Examiner | Jason Foxwell FCCA FCIE |
| 39 Enfield Road | |
| Poole | |
| Dorset | |
| BH15 3LJ | |
| Bankers | Coutts & Co |
| 440 Strand | |
| London | |
| WC2R 0QS | |
| Barclays Bank PLC | |
| Leicester | |
| LE87 2BB | |
| Stanbic Bank | |
| Stanbic Heights | |
| 215 South Liberation Link | |
| Airport City | |
| Accra | |
| Ghana | |
| Charity Registration Number | 1175660 |
| CIO number | CE012028 |
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TEACH2TEACH INTERNATIONAL
Contents
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2023 ..................................................................... 4 INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2023 ......................................... 8 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023 ..................................... 9 BALANCE SHEET AS AT 31 MAY 2023 ................................................................................................... 10 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023 ....................................................... 11
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TEACH2TEACH INTERNATIONAL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2023
Teach2Teach International (T2T) was established as a Charitable Incorporated Organisation in November 2017 and has registered with the Charity Commission for England and Wales (registered charity number 1175660). It is governed by a foundation model constitutional document of the same date and the accounts have been prepared in accordance with this constitution.
Objectives
T2T’s objective is to advance the education of children and young people living in areas where there is a lack of quality teachers, both in poverty-affected countries and among displaced and migrant populations. We achieve this, although not exclusively, by providing training for volunteer teachers to work in schools and communities. The aims of our approach are to enhance educational provision for children who would otherwise be deprived of such opportunities, and to create opportunities for and to increase the skill base of unemployed young people.
Starting in northern Ghana, T2T brings high quality education and training opportunities to some of the world's most under-served communities. The core premise of T2T is that education is the most effective way to empower people and allow them to escape poverty.
Achievements
In 2022/23 T2T concluded the Radio project started in 2021/22 in association with its local implementing partner, the Centre for Learning and Vocational Studies (CLiVS), working with local radio stations in ten beneficiary communities. The 12 topical radio shows, in English and Dagbani languages, featured teachers and head teachers reaching a potential listenership of up to seven million people in Northern Ghana. Core radio participants were trained in safeguarding, communications and advocacy skills, and a broad range of pedagogical theory and practice prior to appearing on the radio shows. The aim was to carry skills over into the classroom to promote better educational outcomes for the students in target schools. Live phone-ins to the radio stations followed each pre-recorded show, and our teachers and head teachers responded on air to those who phonedin. The radio programmes reached key decision makers (parents and caregivers) to encourage their children - particularly girls and children with disabilities - to enroll and attend school.
Further engagement at community level included 30 Community Listener Groups (CLGS - three in each of the target ten beneficiary communities) which brought together up to 4,500 (150 people, three CLGs, ten communities) to discuss the educational issues raised during the radio programmes.
All T2T Radio programmes and the filmed version, T2T TV are available online as an open educational resource on T2T’s YouTube Channel.
In addition, the radio project was extended and CLiVS conducted a training workshop for beneficiary teachers and head teachers with, 42 participants (9 women and 33 men) taking part in the workshop.
The knowledge gained helps influence duty bearers and other stakeholders (e.g. SMCs, PTAs, NGOs into education, the MMDAs and GES) through Radio stations and the media in general to support education in their communities. Participants leverage their knowledge about leadership and advocacy
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skills/tools to support and connect actively to uplift their involvement in advocacy activities in their communities. As part of the activities to ensure effective implementation of the activities of the Radio Project, CLiVS embarked on a deep monitoring and orientation visits to all the ten beneficiary schools.
The purpose of this extension project was to strengthen and consolidate the initial radio project by providing additional pedagogical support in the 10 target schools in response to their feedback in the first phase; to further encourage enrolment and attendance; support afterschool reading clubs using donation of books from BAI; and to consolidate SMCs and PTAs for effective community engagement in their schools.
Funding
In the most difficult fund-raising environment T2T has experienced, it nevertheless continues to benefit from generous donations from private individuals, and organisations including The Sir Halley Stewart Trust, The Craps Charitable Trust, British & Foreign School Society, and Triland Metals. We are grateful for all donations, including from those who request anonymity.
Governance and management
The trustees who served during the year and their roles were:
-
Paul Brown (Chair) (deceased 24 February 2024)
-
Anita Lowenstein Dent (Founder and Deputy Chair)
-
Ian Glover (Treasurer)
-
Nola Beirne (appointed 29 November 2022)
-
Rebecca Roden (appointed 5 December 2022)
The charity acknowledges the huge contribution made by its chair, Paul Brown, who sadly passed away after a period of illness. His dedication, support and experience will be difficult to replace. In the short term the charity will operate with a rotating chair while a replacement is found.
Apart from the first charity trustees, every trustee is appointed for a term of three years, passed by a resolution of the board at a properly convened meeting of the charity trustees. In selecting individuals for appointment, the existing trustees have regard to the skills, knowledge and experience needed for effective administration of the CIO. The trustees have also considered guidance from the Charity Commission of England and Wales on public benefit in preparing their report.
The charity, which currently has contractors working part-time to provide its services in the UK and oversee its out-of-country projects, works additionally with a network of highly skilled professional advisers who continue to support the work of the organisation on a pro bono basis. This has allowed us to function on an exceptionally small budget, having access to skills and expertise from a calibre of advisers that would otherwise be unaffordable.
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Financial summary
T2T raised £67,775 (2022: £122,783) in cash donations during the year. It also received an estimated £74,245 (2021: £110,590) of free services of pro bono support resulting in total turnover of £142,020 (2022: £233,373). This represents a drop of nearly 39% year-on-year, resulting from the particularly challenging fundraising environment but the charity has cut its cloth accordingly and curtailed and / or deferred elements of its programme to operate within the funds available.
The charity remains solvent and continues to work with grant-giving organisations, including multiyear funders. The fundraising environment continues to be very challenging, but the trustees continue to receive enough money to cover ongoing projects from loyal contributors and events. The charity's cash position continues to be managed prudently, and the Trustees ensure that the future liabilities are fully covered by cash and reserves before new ventures commence. This means that projects, once funded, can continue through to completion, notwithstanding the difficult funding environment.
Future plans
T2T actively and continuously seeks new sources of funding. It is pursuing grants and sponsors to consolidate and establish a strong infrastructure to underpin its activities; document and record its processes so that activities can be adapted and rolled out to other regions and potentially other countries with similar needs as well as its fundamental aim of enhancing teaching skills it difficult to reach impoverished areas.
The impact of the global pandemic and more recently other global crises including war have had a significant effect on the organisation, its funding and its ability to take on new projects. Because of its relatively small size, T2T has managed to adapt its programmes very quickly but the future operational environment continues to be uncertain. T2T continues to maintain core activities in Ghana.
Risk management
The trustees regularly review the risks to which the charity might be exposed and take steps to mitigate them. Amongst other measures we have policies on whistleblowing, safeguarding, risk management and a risk management framework which is periodically reviewed. The Trustees believe that the procedures we have in place are effective in managing risk but continue to review them to ensure they are appropriate for the operations we have in place.
Reserves policy
The trustees plan to distribute, in accordance with the charity's objectives, all funds received. As at 31 May 2023 T2T had reserves of £101,920 (2022: £104,284), a modest decrease of £2,364, or around 2% compared to the prior year. £36,729 (2022: £42,227) of these reserves are unrestricted and the balance of £65,191 (2022: £62,057) is restricted to funding for operational and other activities. The trustees recognise that reserves must be held to cover operating costs and commitments and they believe that T2T holds sufficient reserves to meet these costs.
Funds held as custodian
No funds were held as custodian during the year.
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Statement of trustees’ responsibilities
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the charity and its activities during that year. In preparing those financial statements the trustees are required to:
-
select suitable accounting policies and apply them consistently;
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make judgements that are reasonable and prudent;
-
state whether the policies are in accordance with the charities SORP and with applicable accounting standards, subject to any material departures 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 assume that the charity will continue in business
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the board of Trustees and signed on its behalf:
Anita Lowenstein Dent
Trustee
13 March 2024
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TEACH2TEACH INTERNATIONAL
INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2023
I report on the accounts of Teach2Teach International for the year ended 31 May 2023, which are set out on pages 9 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 section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the Charities Act 2011;
-
Follow the procedures laid down in the general Directions given by the Charity Commission ' under section 145(5)(b) of the Charities Act 2011; and
-
State whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a comparison of the accounts with the accounting records kept by the charity. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do 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 statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
Which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act 2011;
-
to prepare accounts which accord with the accounting records; and
-
to comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 have not been met;
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………………………
14 March 2024
Jason Foxwell FCCA FCIE
39 Enfield Road, Poole, Dorset, BH15 3LJ
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TEACH2TEACH INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023
| Income Notes Donations and legacies 3 Other trading activities 4 Total Expenditure Raising funds 8 Charitable activities 8 Other 8 Total Net (deficit) / surplus Total funds brought forward Total funds carried forward |
2023 2023 2023 Year ending 31 May |
2023 2023 2023 Year ending 31 May |
2023 2023 2023 Year ending 31 May |
2022 2022 2022 Year ending 31 May |
2022 2022 2022 Year ending 31 May |
2022 2022 2022 Year ending 31 May |
|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
**Total Funds ** | Unrestricted Funds |
Restricted Funds |
Total Funds | |
| £ £ £ £ £ £ 89,152 52,868 142,020 120,349 113,024 233,373 - - - - - - |
||||||
| 89,152 52,868 142,020 120,349 113,024 233,373 27,802 2,509 30,311 7,500 17,833 25,333 40,191 46,016 86,207 104,008 66,604 170,612 26,657 1,209 27,866 2,207 6,283 8,490 |
||||||
| 94,650 49,734 144,384 113,715 90,720 204,435 |
||||||
| (5,498) 3,134 (2,364) 6,634 22,304 28,938 |
||||||
| 42,227 62,057 104,284 35,593 39,753 75,346 |
||||||
| 36,729 65,191 101,920 42,227 62,057 104,284 |
The accompanying notes form part of the financial statements.
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TEACH2TEACH INTERNATIONAL
BALANCE SHEET AS AT 31 MAY 2023
| Notes Current assets Debtors: Amounts falling due within one year 9 Prepayments 9 Cash at bank and in hand Total current assets Current liabilities Creditors : Amounts falling due within one year 10 Net current assets The funds of the charity Unrestricted funds Restricted funds 11 Total charity funds |
Unrestricted Funds Restricted Funds Total Funds 2023 Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ £ £ £ 1,010 - 1,010 613 1,741 2,354 - 7,567 7,567 - 7,849 7,849 41,719 58,962 100,681 41,614 56,607 98,221 |
|---|---|
| 42,729 66,529 109,258 42,227 66,197 108,424 |
|
| (6,000) (1,338) (7,338) - (4,140) (4,140) |
|
| 36,729 65,191 101,920 42,227 62,057 104,284 |
|
| 36,729 - 36,729 42,227 - 42,227 - 65,191 65,191 - 62,057 62,057 |
|
| 36,729 65,191 101,920 42,227 62,057 104,284 |
The financial statements were approved by the Board of Trustees and signed on its behalf by:
Anita Lowenstein Dent
Trustee
13 March 2024
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TEACH2TEACH INTERNATIONAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023
1. Constitution
Teach2Teach International is a registered charity (No 1175660) established as a Charitable Incorporated Organisation (CIO) in November 2017.
2. Summary of Significant Accounting Policies
2.1 Basis of Preparation
These accounts have been prepared on an accruals basis.
These accounts have been prepared in accordance with applicable accounting standards and the Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)) and the Charities Act 2011.
2.2 Donations and Legacies
Donations under Gift Aid, together with the associated income tax recovery, are recognised as income when the donations are received.
2.3 Other trading activities
Income from other trading activities includes income from fundraising events.
2.4 Raising funds
Fundraising expenditure comprises costs incurred holding events designed to generate funds which are then applied to the charity's work, and costs incurred on banking and fundraising services necessary for the charity to fulfil its objectives.
2.5 Cash and cash equivalents
Cash consists of money held in secure deposit accounts at Teach2Teach International's banks.
2.6 Debtors
Debtors are recorded at their recoverable amount.
2.7 Creditors
Creditors are recorded at the undiscounted amount expected to be paid.
2.8 Financial instruments
The charity's financial instruments include cash, debtors and creditors all of which are short term in nature and, accordingly, approximate fair value.
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2.9 Going concern
The charity's financial statements have been prepared on a going concern basis because the Trustees have no reason to believe that the charity will not continue in operation. The emergence of COVID19 gave rise to some challenges, but the charity was able to adapt its activities to adjust, including raising funds to help cope with COVID-19 specific impacts on its projects.
3. Income from donations and legacies
Teach2Teach International is fortunate to have relationships with professional advisers who are willing to provide some or all of their services without charge. The trustees have either received proforma invoices for the value of these services or have made reasonable estimates were they to be procured at arm's length. They are included within the statement of financial activities at a total value of £74,245 (2022: £110,590) both under income as part of donations and legacies (see table below) and within support costs under expenditure further analysed by expense type / nature of free service received (see note 8 below).
| Pro bono services Grant Income Individual fundraising |
Year ending 31 May |
Year ending 31 May |
|---|---|---|
| 2023 2023 2023 2022 2022 2022 Unrestricted Funds Restricted Funds Total Funds Unrestricted Funds Restricted Funds Total Funds £ £ £ £ £ £ 74,245 - 74,245 110,590 - 110,590 - 52,868 52,868 8,000 112,905 120,905 14,907 - 14,907 1,759 119 1,878 |
||
| 89,152 52,868 142,020 120,349 113,024 233,373 |
4. Income from other trading activities
As a result of COVID-19 restrictions, no income arose from other trading activities in the year ended 31 May 2022.
5. Foreign Currencies
Transactions denominated in foreign currencies are translated at the rate of exchange that the transactions took place. Balance sheet items are converted using the year end rate.
6. Trustee Remuneration and Expenses
In the year ended 31 May 2023, no trustee undertook paid work or and only expenses incurred in the ordinary course of the charity's activities were reimbursed.
The value of pro-bono work during the year in relation to services donated by trustees in the capacities of Treasurer and Chief Executive Officer amounted to £74,000 (2022: £47,720). There were no other payments to Trustees during the year and none of the trustees have ever been remunerated for their work as trustees.
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7. Independent examiner's remuneration
| The fee payable to the independent examiner for year is: | 2023 | 2022 |
|---|---|---|
| £ | £ | |
| Independent examiner's fee | 600 | 575 |
8. Analysis of costs
The majority of support costs were incurred in helping run the charity. A significant part of these were provided in the form of free services (pro bono).
| Raising funds Consultancy Programme fees Professional services Travel Charitable activities Office and general Governance Examination fees Communications Other Total |
Year ending 31 May |
Year ending 31 May |
Year ending 31 May |
Year ending 31 May |
Year ending 31 May |
|---|---|---|---|---|---|
| 2023 2023 2023 2022 2022 |
|||||
| Restricted | Unrestricted | Including Pro bono |
Total | Including Pro bono |
|
| £ £ £ £ £ |
|||||
| 2,509 27,802 22,500 25,333 7,500 |
|||||
| ~~-~~ 10,842 30,113 28,500 72,444 39,220 35,174 509 - 27,607 - - 9,569 9,245 64,270 63,870 - - - 6,291 - |
|||||
| 46,016 40,191 37,745 170,612 103,090 |
|||||
| ~~-~~ - 11,764 - 6,045 - - 14,293 14,000 - - - 600 - 575 - 1,209 - - 1,870 - |
|||||
| 1,209 26,657 14,000 8,490 - |
|||||
| ~~-~~ | |||||
| 49,734 94,650 74,245 204,435 110,590 |
9. Debtors and prepayments
| Debtors: Amounts falling due within one year Prepayments: Amounts paid to in-country implementing partners Total debtors |
2023 2022 £ £ 1,010 2,354 7,567 7,849 |
|---|---|
| 8,577 10,203 |
10. Creditors: amounts payable within one year
| Creditors and accruals Total creditors and accruals |
2023 2022 £ £ 7,338 4,140 |
|---|---|
| 7,338 4,140 |
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11. Restricted funds
| 2023 | 2022 | ||
|---|---|---|---|
| Souter Charitable Trust and Matrix Causes Funds | £ | £ | |
| B/f | 11,000 | 8,000 | |
| Income | - | 3,000 | |
| Expenditure | - | - | |
| C/f | 11,000 | 11,000 | |
| Restricted to diversity and inclusion related activities, which commenced post year | end in 2021. | ||
| 2023 | 2022 | ||
| The Fore Development Grant, Sir Halley Stewart Trust, Didymus Charity | £ | £ | |
| B/f | 2,508 | 20,340 | |
| Income | - | - | |
| Expenditure | (2,508) | - | 17,832 |
| C/f | - | 2,508 | |
| Restricted to applying for new funding including contribution toward a full time equivalent (FTE) worker. |
| B/f Income Expenditure C/f Sir Halley Stewart Trust, Rhododendron Trust, WFH Foundation, Schroder Charity Trust, Clifford Chance Foundation, British & Foreign School Society, St James's Place Charitable Foundation, Ghana Association of Bankers, Ferguson, Triland Metals, Jamaro Private donations B/f Income Expenditure C/f Restricted for programme activity. Total Restricted Funds C/f |
2023 2022 47,342 11,413 52,868 107,856 (46,020) (71,927) |
|---|---|
| 54,190 47,342 |
|
| 2023 2022 £ £ 1,207 - - 2,169 (1,207) (962) |
|
| - 1,207 |
|
| 2023 2022 £ £ |
|
| 65,191 62,057 |
12. Employees
The charity had no employees during the year and therefore none received more than £60,000 in benefits during the period. The key management personnel are all Trustees of the charity.
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