Trustees’ Annual Report for the period
From 1[st] January 2023 to 31[st] December 2023
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 | No direct missionary activities have delivered by Asantoa from England this year. Work has continued from the investment made to the running of the school by volunteers in Ghana. Volunteers from local Church’s in UK have continued to promote the work of Asantoa seeking to raise its profile beyond the west midlands. |
| 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 | This year the community Christmas party at Atwima Kwanwoma was delivered by the Ghanian community themselves – building on the social capital i.e. organisation and community engagement skills learnt from previous interactions with the project manager. More than 250 children and their families benefited from this activity. The purchase of chairs and desks and the contribution of educational resources has enhanced the learning experience of children attending the school by providing them with their own individual resources, an outcome from this has been an increase in the number of children now attending the school. We have continued to see individuals in Ghana raise their standard of living through the creation, 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:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | We continue to receive regular donations from individuals through charitable giving. 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 against objectives |
Para 1.41 | |
| Other | ||
| Financial Review | ||
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity is still not in a position to implement the reserves policy. |
| 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 where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The principal source of funding has been via voluntary in-kind donations and regular monetary donations from within 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 donations – volunteer time and skills to leverage finance from within Ghana itself. |
| The principal risk is the lack of personnel to |
| A description of the principal risks facing the charity |
Para 1.46 | support the work in Ghana. Whilst there is currently a small team in Ghana committed to the vision of the project, the lack of financial support is hampering the progress towards delivery. As the profile of the project increases in the UK this is not being met with volunteer time, and there is still insufficient funds to employ staff. The trustees recognise the potential for burn out of the volunteers and is looking at contingencies to mitigate this. |
|---|---|---|
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution. Memoranda & 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 training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | NONE |
| Relationship with any related parties |
Para 1.51 | Seeking to partner with local Churches in UK and in Ghana to further the work of the Charity |
| 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 | |||
| Marcia Neveu | Secretary | Jan – September 2023 | ||
| Richard Hayden | September 2023 | |||
– 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) Dwayne Neveu Full name(s) Frances Thomas Position (e.g. Secretary, Chair Vice Chair Chair, etc)
Date
20[th] December 2024