Trustees’ Annual Report for the period
From 1[st] January 2020 To 31[st] December 2020
Charity name: Asantoa Foundation
Charity registration number: 1177192
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To develop the capacity and skills of the members of the socially and economically disadvantaged community of the Ashanti region of Ghana in such a way that they are better able to identify, and help meet, their needs and to participate more fully in their own community. To advance the education of the pupils at Asantoa Model school in Kumasi, by providing and assisting in the provision of additional resources not required to be provided by the local education authority for education at the school. Developing Communities by bringing hope and transformation to people in poverty. Resourcing local partner organisations that work in the designated locations in the UK and abroad. Building community sustainability through user-led community enterprises. Support the growth of local community schools through the provision of materials and teaching expertise. |
| 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 |
The organisation currently works collaboratively with local Churches and other organisations in the UK and Ghana. We work in partnership with Churches and officials to develop strategies that identify areas of need, and initiatives that will contribute to meeting these needs. This is done through lead agents, Chiefs, Elders and community leaders, who will hold consultations with citizens to secure their cooperation and commitment |
| Statement confirming whether the trustees have |
Para 1.18 | For the public benefit, the prevention or relief of poverty [or financial hardship] in Ghana |
had regard to the guidance and the UK by providing or assisting in the issued by the Charity provision of education, training, healthcare Commission on public projects and all the necessary support benefit designed to enable individuals to generate a sustainable income and be self-sufficient.
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | None |
| Policy on social investment including program related investment |
Para 1.38 | None |
| Contribution made by volunteers |
Para 1.38 | All the work towards providing the activities in Ghana were carried out by twelve volunteers who have a heart for their communities. Volunteers from local Church’s in UK were responsible for promoting, collecting and securing donations of clothes and toys. |
| 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 year volunteers worked with Yahweh City Church at Brofoyedru, in the Atwima Kwanwoma District of Ashanti Region of Ghana, West Africa. They organised a Christmas party for 512 vulnerable children in the community. A financial contribution from the Asantoa Foundation enabled the purchase of food and drinks for the Christmas meal. It also helped with the purchase of resources for distribution to the widows in the community. This impacted around 170 families in one community. This is the third such event and the elders, chief’s community leaders and communities on a whole were very grateful for the help that they received. This activity was reported by three newspapers which served to highlight the ongoing needs of these communities who |
have little or no revenue.
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 | All funds were both in-kind and cash was raised in the UK and sent via secure transfer to our partners at Yahweh Church. |
| Investment performance against objectives |
Para 1.41 | |
| Other | As a result of this event we will plan the following for 2021: A repeat of this event with the hope that we can meet the needs of more children through: • The distribution of clothing and food to all ages in several areas in the Ashanti region of Ghana in 2021. • Supporting an established orphanage with toys. • Supporting a mother and baby unit with nappies pads and baby clothes |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity has had little fundraising activity this year, the majority of its donations have been in-kind. In order to get a better understanding of the value to the organisations, Trustees will in future look to put a monetary value on the in- kind donations. This will help with determining the overall value and investment that the organisation has made. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | None as yet. The organisation is not yet in a position to determine a reserves policy. It remains an aspirational objective. |
| Amount of reserves held | Para 1.22 | None |
| Reasons for holding zero reserves |
Para 1.22 | See above |
| 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 | N/A |
| Additional information (optional) You may choose to include further statements |
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 | The principle source of funding has been via voluntary donations from withn the UK this year. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | A key part of the fundraising strategy continues to be from in-kind income – volunteer time and skill to leverage finance from within Ghana itself. |
| 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 | Constitution. Mem&Articles of association |
| 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 | Election to post. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees NONE The charity’s organisational structure and any wider Para 1.51 network with which the charity works Seeking to partner with local Churches in UK and in Ghana to further the work of Relationship with any related Para 1.51 the Charity parties Other
Reference and Administrative details
| Charity name | Asantoa Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1177192 |
| Charity’s principal address | 5 Low Wood Road Erdington Birmingham B23 6HE |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Frances Thomas | Chair | |||
| Dwayne Neveu | Vice chair | |||
| Rev Marcia Neveu | Secretary | |||
– 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 held in this capacity
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
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 |
||
|---|---|---|
| Frances Thomas | Marcia Neveu | |
Chair |
Treasurer | |
| 1stFebruary 2022 | ||
| 1stFebruary 2022 |
Charity Name No (if any)
Receipts and payments accounts For the period Period start date To from
Period start date Period end date To
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds funds funds funds to the nearest to the nearest £ to the nearest £ to the nearest £ £
----- Start of picture text -----
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
131 - - 131
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
131 - - 131
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 131 - - 131
A3 Payments
180 - - 180
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 180 ] - - 180
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 180 - - 180
Net of receipts/(payments) - 49 - - - 49
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end - 49 - - - 49
----- End of picture text -----
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||
| B1 Cash funds | Total cash funds | to nearest £ - - - - |
to nearest £ - - - - |
||
| (agree | balances with receipts and payments account(s)) |
Agreement Error | OK | ||
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
||
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
||
| charity’s own use | - - - - - - - - |
||||
| Fund to which | Amount due | ||||
| B5 Liabilities | Details | liability relates | - - - - - (optional) |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name |
----- Start of picture text -----
CC16a
----- End of picture text -----
----- Start of picture text -----
Last year
----- End of picture text -----
to the nearest £
93
93
-
93 - - 93
Endowment funds to nearest £ - - - -
----- Start of picture text -----
OK
----- End of picture text -----
Endowment funds to nearest £ - - - - - -
Current value (optional)
-
Current value (optional)
When due (optional)
Date of approval