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
----- Start of picture text -----
SORP reference
Summary of the purposes Para 1.17 To develop the capacity and skills of
of the charity as set out the members of the socially and
in its governing economically disadvantaged
document 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 Para 1.17 and The organisation currently works
1.19
activities in relation to collaboratively with local Churches and
those purposes for the other organisations in the UK and
public benefit, in Ghana.
particular, the activities,
projects or services We work in partnership with Churches
identified in the and officials to develop strategies that
accounts. identify areas of need, and initiatives
that will contribute to meeting these
needs. This is done through lead
----- End of picture text -----
----- Start of picture text -----
agents, Chiefs, Elders and community
leaders, who will hold consultations
with citizens to secure their
cooperation and commitment
Statement confirming Para 1.18 For the public benefit, the prevention
whether the trustees or relief of poverty [or financial
have had regard to the hardship] in Ghana and the UK by
guidance issued by the providing or assisting in the provision
Charity Commission on of education, training, healthcare
public benefit projects and all the necessary support
designed to enable individuals to
generate a sustainable income and be
self-sufficient.
----- End of picture text -----
Additional information (optional)
You may choose to include further statements where relevant about:
----- Start of picture text -----
SORP reference
None
Para 1.38
Policy on grant making
None
Para 1.38
Policy on social
investment including
program related
investment
All the work towards providing the
Para 1.38 activities in Ghana were carried out by
Contribution made by twelve volunteers who have a heart for
volunteers their communities.
Volunteers from local Church’s in UK
were responsible for promoting,
collecting and securing donations of
clothes and toys.
Other
----- End of picture text -----
Achievements and Performance
----- Start of picture text -----
SORP reference
Yet again we worked with Yahweh City
Church to deliver the annual children’s
Christmas party at Atwima
Summary of the main Kwanwoma.
Para 1.20
achievements of the This year the event was bigger and
charity, identifying the was attended by over 500 children and
difference the charity’s their families. The demand for support
work has made to the has been increasing year on year.
circumstances of its
beneficiaries and any In addition to the sharing and
wider benefits to society distribution of food we were also able
as a whole. to give donations of clothing, toys and
gifts to children and babies.
----- End of picture text -----
Fundraising activities were organised through churches in England which resulted in donations of clothing and cash. This allowed us to reach more families in Ghana. We have continued to see individuals in Ghana raise their standard of living through the creation and selling of jewellery and knitting, skills we had shared on an earlier visit.
Additional information (optional)
You may choose to include further statements where relevant about:
----- Start of picture text -----
Achievements against Para 1.41
objectives set
We were selected by the local church
as their chosen charity for 2021 and a
Performance of financial gift was given as part of the
fundraising activities Para 1.41 fundraising activity. The money was
against objectives set used to purchase food and groceries
for the children’s party.
In kind donations were also received
from individuals and church groups
across the West Midlands.
All cash was raised in the UK and sent
via secure transfer to our partners at
Yahweh Church.
Investment performance Para 1.41
against objectives
Other
----- End of picture text -----
Financial Review
----- Start of picture text -----
Review of the charity’s Para 1.21 A healthier financial position was
financial position at the achieved this year. Still not in a
end of the period position to implement the reserves
policy.
Statement explaining the Para 1.22 None as yet. The organisation is not
policy for holding yet in a position to determine a
reserves stating why they reserves policy. It remains an
are held aspirational objective.
Amount of reserves held Para 1.22
None
Reasons for holding zero Para 1.22 See above
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
----- End of picture text -----
Additional information (optional)
You may choose to include further statements where relevant about:
----- Start of picture text -----
The principal source of funding has
been via voluntary donations from
The charity’s principal within the UK this year.
sources of funds Para 1.47
(including any
fundraising)
A key part of the fundraising strategy
continues to be from in-kind income –
Investment policy and volunteer time and skill to leverage
objectives including any Para 1.46 finance from within Ghana itself.
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
----- End of picture text -----
Structure, Governance and Management
----- Start of picture text -----
Description of charity’s
trusts:
Type of governing Para 1.25 Constitution. Memoranda &
document Articles of association
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Election to post.
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
----- End of picture text -----
Additional information (optional)
You may choose to include further statements where relevant about:
----- Start of picture text -----
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
NONE
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Seeking to partner with local
Churches in UK and in Ghana to
Relationship with any Para 1.51 further the work of the Charity
related parties
Other
----- End of picture text -----
Reference and Administrative details
----- Start of picture text -----
Charity name Asantoa Foundation
Other name the charity
uses
Registered charity 1177192
number
----- End of picture text -----
----- Start of picture text -----
Charity’s principal 5 Low Wood Road
address Erdington
Birmingham
B23 6HE
----- End of picture text -----
Names of the charity trustees who manage the charity
Name of person (or body) Dates acted if not for Trustee name Office (if any) entitled to appoint trustee whole year (if any) 1 Frances Thomas Chair 2 Dwayne Neveu Vice chair Rev Marcia Secretary 3 Neveu 4 5
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 NONE 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) Marcia Neveu Full name(s) Frances Thomas Position (eg Chair Treasurer Secretary, Chair, etc)
Date 4[th] November 2022
Charity Name
N
Receipts and payments acco
Period start date
For the period from
To
01/21
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
----- Start of picture text -----
Opening balance 196
Cash 1,114 - -
Donaions in kind -
- -
- -
- -
- -
Food - -
1,310 - -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total [ - ] - -
Total receipts 1,310 - -
A3 Payments
Children's Annual party 451
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Sub total 451 - -
----- End of picture text -----
----- Start of picture text -----
A4 Asset and investment
purchases, (see table)
- - -
- - -
Sub total - - -
Total payments 451 - -
Net of receipts/(payments) 859 - -
A5 Transfers between funds - - -
----- End of picture text -----
A6 Cash funds last year end 196 - - Cash funds this year end 1,056 - -
Section B Statement of assets and liabilities at the end of
| Unrestricted | |||
|---|---|---|---|
| Categories | Details | funds | |
| B1 Cash funds | Total cash funds | to nearest £ - - - - |
|
| (agree balances with receipts and payments account(s)) |
Agreement Error | ||
| Unrestricted | |||
| funds | |||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
|
| Fund to which | |||
| B3 Investment assets | Details | asset belongs Fund to which |
|
| B4 Assets retained for the | Details | asset belongs | |
| charity’s own use | Fund to which | ||
| B5 Liabilities | Details | liability relates |
Signed by one or two trustees on behalf of all the trustees
----- Start of picture text -----
|||
|---|---|
|Signature|Print N|
|Rev Marcia|
----- End of picture text -----
o (if any)
ounts
CC16a
Period end date 12/21
Total funds
Last year
to the nearest £
to the nearest £
----- Start of picture text -----
196 -
1,114 180
- -
- -
- -
- -
- -
-
- -
1,310 180
----- End of picture text -----
----- Start of picture text -----
-
- -
- -
1,310 180
451 180
- -
- -
- -
- -
- -
- -
- -
- -
451 180
----- End of picture text -----
----- Start of picture text -----
-
-
- -
451 180
859 -
- -
----- End of picture text -----
----- Start of picture text -----
196 -
1,056 -
----- End of picture text -----
the period
----- Start of picture text -----
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
-
-
----- End of picture text -----
----- Start of picture text -----
-
-
-
----- End of picture text -----
----- Start of picture text -----
Date of
Name
approval
a Neveu 11/05/2022
----- End of picture text -----