## **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| |||||