## **TRUSTEES’ REPORT**
## **AND**
# **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024**
## **REGISTERED CHARITY: 1175660**
## **CHARITABLE INCORPORATED ORGANISATION: CE012028**
1
## **TEACH2TEACH INTERNATIONAL**
## **CHARITY INFORMATION**
Trustees Anita Lowenstein Dent Ian Glover Nola Beirne Anne Grafe-Buckens Diana Phillips 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
2
## **TEACH2TEACH INTERNATIONAL**
## Contents
**TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2024** ..................................................................... 4 **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2024** ......................................... 8 **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024** ..................................... 9 **BALANCE SHEET AS AT 31 MAY 2024** ................................................................................................... 10 **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2024** ....................................................... 11
3
## **TEACH2TEACH INTERNATIONAL**
## TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2024
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 2023/24 T2T extended 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 beneficiary communities. The original 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 promote full student enrolment and regular attendance and 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 phoned-in. The radio programmes reached key decision makers (parents and caregivers) to encourage them to enrol children - particularly girls and children with disabilities and other marginalized groups – and persuade them to 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.
The T2T radio project was extended from April – July 2023 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 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
4
in their schools. All T2T Radio programmes and the filmed version, T2T TV are available online as an open educational resource on T2T’s YouTube Channel.
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 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.
We would like to acknowledge the sad passing of Mohammed Karimu Alhassan our lead partner and director of CLiVS. Karimu was a great man of huge integrity, insight and wisdom who tirelessly served his community for over 35 years, and with whom Teach2teach International has worked over the whole period of its existence. He leaves a massive legacy in the many tens of thousands of lives he touched and will be missed by all those who had the privilege to know and work with him.
## **Funding**
In the most difficult fund-raising environment yet, T2T International nevertheless continues to benefit from generous donations from private individuals, and from running events while also receiving support from organisations like The Craps Charitable Trust. 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 (Safeguarding)
- Rebecca Roden (resigned 11 July 2024)
- Anne Grafe-Buckens (Appointed 12 July 2024) (Risk)
- Diana Phillips (Appointed 12 August 2024) (Fundraising and community engagement)
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.
5
## **Financial summary**
T2T raised £74,003 (2023: £67,775) in cash donations during the year. This represents an increase of just over 5% year-on-year, a great achievement given the ongoing challenging fundraising environment, and the charity cuts its cloth accordingly and operates comfortably within the funds available. It also received an estimated £218,000 (2023: £74,245) of free services in pro bono support resulting in total turnover of £292,003 (2023: £142,020).
The charity remains solvent and continues to work with grant-giving organisations, including multiyear funders. The fundraising environment continues to be difficult and the charity ran events to raise money to cover ongoing projects. 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 so that projects, once funded, can continue through to completion. This is selfevident from the deficit of £48,446 in the most recent financial year and illustrates investment from reserves in core ongoing projects in Ghana.
## **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 in difficult to reach impoverished areas.
The impact of the global pandemic and more recently other global crises including wars in the Ukraine and Middle East 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.
## **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 2024 T2T had reserves of £53,474 (2023: £101,920), a decrease of £48,446 or around 48% compared to the prior year. £38,904 (2023: £36,729) of these reserves are unrestricted and the balance of £14,570 (2023: £65,191) 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;
- 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
- 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
26 August 2024
7
## **TEACH2TEACH INTERNATIONAL**
## INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MAY 2024
I report on the accounts of Teach2Teach International for the year ended 31 May 2024, 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:
- 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.
……………………………
26 August 2024
Jason Foxwell FCCA FCIE
39 Enfield Road, Poole, Dorset, BH15 3LJ
8
## **TEACH2TEACH INTERNATIONAL**
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024
|**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**|**2024**
**2024**
**2024**
**Year ending 31 May**|**2024**
**2024**
**2024**
**Year ending 31 May**|**2024**
**2024**
**2024**
**Year ending 31 May**|**2023**
**2023**
**2023**
**Year ending 31 May**|**2023**
**2023**
**2023**
**Year ending 31 May**|**2023**
**2023**
**2023**
**Year ending 31 May**|
|---|---|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total Funds **|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total Funds**|
||**£**
**£**
**£**
**£**
**£**
**£**
281,503
10,500
292,003
89,152
52,868
142,020
-
-
-
-
-
-||||||
||**281,503**
**10,500**
**292,003**
**89,152**
**52,868**
**142,020**
31,940
-
31,940
27,802
2,509
30,311
229,237
61,121
290,358
40,191
46,016
86,207
18,151
-
18,151
26,657
1,209
27,866||||||
||**279,328**
**61,121**
**340,449**
**94,650**
**49,734**
**144,384**||||||
||**2,175**
**(50,621)**
**(48,446)**
**(5,498)**
**3,134**
**(2,364)**||||||
||36,729
65,191
101,920
42,227
62,057
104,284||||||
||**38,904**
**14,570**
**53,474**
**36,729**
**65,191**
**101,920**||||||
9
## **TEACH2TEACH INTERNATIONAL**
## BALANCE SHEET AS AT 31 MAY 2024
|**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**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**2023**
**£**
**£**
**£**
**£**
**£**
**£**
10,054
-
10,054
1,010
-
1,010
-
-
-
-
7,567
7,567
28,850
42,932
71,782
41,719
58,962
100,681|
|---|---|
||38,904
42,932
81,836
42,729
66,529
109,258|
||-
(28,362)
(28,362)
(6,000)
(1,338)
(7,338)|
||**38,904**
**14,570**
**53,474**
**36,729**
**65,191**
**101,920**|
||38,904
-
38,904
36,729
-
36,729
-
14,570
14,570
-
65,191
65,191|
||**38,904**
**14,570**
**53,474**
**36,729**
**65,191**
**101,920**|
The financial statements were approved by the Board of Trustees and signed on its behalf by:
## Anita Lowenstein Dent
## Trustee
26 August 2024
10
## **TEACH2TEACH INTERNATIONAL**
## NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2024
## **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.
11
## **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.
## **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 £218,000 (2023: £74,245) 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**|
|---|---|---|
||**2024**
**2024**
**2024**
**2023**
**2023**
**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
218,000
-
218,000
74,245
-
74,245
-
10,500
10,500
-
52,868
52,868
63,503
-
63,503
14,907
-
14,907||
||**281,503**
**10,500**
**292,003**
**89,152**
**52,868**
**142,020**||
## **4. Income from other trading activities**
No income arose from other trading activities in the year ended 31 May 2024.
## **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 2024 no trustees undertook paid work. Expenses incurred in the ordinary course of the charity's activities were reimbursed to Anita Lowenstein Dent in the amount of £4,325.
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 (2023: £74,000). There were no other payments to Trustees during the year and none of the trustees have ever been remunerated for their work as trustees.
12
## **7. Independent examiner's remuneration**
|The fee payable to the independent examiner for year is:|**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Independent examiner's fee|625|600|
## **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**|
|---|---|---|---|---|---|
||**2024**
**2024**
**2024**
**2023**
**2023**|||||
||**Unrestricted **|**Restricted**|**Including Pro**
**bono**|**Total**|**Including Pro**
**bono**|
||**£**
**£**
**£**
**£**
**£**|||||
||31,940
-
22,500
30,311
22,500|||||
||~~-~~
29,458
13,041
28,500
40,956
28,500
31,447
48,080
-
35,682
-
153,000
-
153,000
9,569
9,245
15,332
-
-
-
-|||||
||229,237
61,121
181,500
86,207
37,745|||||
||~~-~~
1,624
-
-
11,764
-
14,000
-
14,000
14,293
14,000
625
-
-
600
-
1,902
-
-
1,209
-|||||
||18,151
-
14,000
27,866
14,000|||||
||~~-~~|||||
||279,328
61,121
218,000
144,384
74,245|||||
## **9. Debtors and prepayments**
|Debtors: Amounts falling due within one year
Prepayments: Amounts paid to in-country implementing partners
Total debtors|**2024**
**2023**
**£**
**£**
10,054
1,010
-
7,567|
|---|---|
||10,054
8,577|
## **10. Creditors: amounts payable within one year**
|Creditors and accruals
Total creditors and accruals|**2024**
**2023**
**£**
**£**
28,362
7,338|
|---|---|
||28,362
7,338|
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## **11. Restricted funds**
|**Souter Charitable Trust and Matrix Causes Funds**
B/f
Income
Expenditure
C/f
Restricted to diversity and inclusion related activities.
**The Fore Development Grant, Sir Halley Stewart Trust, Didymus Charity**
B/f
Income
Expenditure
C/f
B/f
Transfer to unrestricted
Income
Expenditure
C/f
Restricted for programme activity.
**Sir Halley Stewart Trust, Rhododendron Trust, WFH Foundation, Schroder Charity**
**Trust, Clifford Chance Foundation, St James's Place Charitable Foundation,**
**Ferguson, Triland Metals**
**Private donations**
B/f
Income
Expenditure
C/f
**Total Restricted Funds C/f**|**2024**
**2023**
**£**
**£**
11,000
11,000
3,000
-
(14,000)
-|
|---|---|
||-
11,000|
||**2024**
**2023**
**£**
**£**
-
2,508
-
-
-
(2,508)|
||-
-|
||**2024**
**2023**
54,191
47,342
-
7,500
52,868
(47,121)
(46,020)|
||14,570
54,191|
||**2024**
**2023**
**£**
**£**
-
1,207
-
-
-
(1,207)|
||-
-|
||**2024**
**2023**
**£**
**£**|
||**14,570**
**65,191**|
## **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.
14