2024-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2024 to 31[st] December 2024

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	Para 1.18	For the public benefit, the prevention or relief

OFFICIAL

	whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit		of poverty [or financial hardship] in Ghana and the UK by providing or assisting in the provision of education, training, healthcare projects and all the necessary support 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 activities have been delivered by Asantoa this year due to illness and bereavement. Support for the work in Ghana has continued remotely
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	No direct work has been delivered this year.

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 have continued to receive regular donations from individuals through charitable giving.
Investment performance	Para 1.41

OFFICIAL

against objectives Other

Financial Review

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 this year has been 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.
A description of the principal risks facing the charity	Para 1.46	The principal risk is the lack of personnel to 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

OFFICIAL

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	Continuing 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

OFFICIAL

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
	Richard Hayden

– 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

OFFICIAL

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

N/A

Other optional information

N/A

OFFICIAL

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 31/10/2025

OFFICIAL

Asantoa 1177192

Receipts and payments accounts

Period start date Period end date To Jan-24 Dec-24

For the period from

CC16a

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts Openingbalance 183 Cash 215 Donations in kind Food 398 - - Sub total - Total receipts 398 A3 Payments Furniture for school - - - - - - - - Sub total - - - Sub total - Total payments - Net of receipts/(payments) 398 A5 Transfers between funds - A6 Cash funds last year end Cash funds this year end 398 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases,(see table)	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ 183 215 - - - - - - - 398 - - - 398 - - - - - - - - - - - - - - 398 - - 398	Last year to the nearest £
		- - - - - - - -	183	464
			215	169
			-	-
			-	-
			-	-
			-	-
			-	-
			-
			-	-
			398	633
		- - -	-
			-	-
			-	-
		-	398	633
		- - - - - - - - -	-	450
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	450
		- - -	-
			-
			-	-
		-	-	450
	-	- - - -	398	183
	-		-	-
	-		-	-
	-		398	183

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s))	to nearest £ to nearest £ - - - - - - - - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Rev Marcia Neveu Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
			-
			-
			-
			-
			OK
			to nearest £ Endowment funds
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)
			Date of approval
		Rev Marcia Neveu	11/5/2022