## **Trustees Annual Report for 2021** 

Charity name: LEARN Reg Number: 1178240 

Trustee names: 

Michael Hawksworth 

Maureen Hawksworth 

Jane Bayliss Alison Davies 

Joanna Jowett 

Alison McGarel 

Sarah Marfell-Cadman 

Priya Macdonald 

Charity Address: 9 Brockenhurst Drive, Harwood, Bolton, BL2 4HP 

Structure: According to Charity Commission (See separate document for details on structure, policy, trustee recruitment, etc.) 

LEARN has continued to support Shree Gyanjyoti School, supplementing the school’s own budget with funding for scholarships, uniforms and other equipment for low caste children.   The school has continued to go from strength to strength and has again achieved very well academically in comparison with other schools in the area. 

Because of the restrictions imposed to combat the coronavirus pandemic, the sale of goods has again been meagre and income from talks has been much reduced.  Fortunately, donations have been excellent, especially in the preChristmas season when we produced gift certificates which many people purchased for Christmas presents.  The net result was an excess of expenditure over income of only £1,218.45. 

As a result of the substantial legacy received in 2018, we are in a favourable position financially.  The bulk of this money is kept in a separate savings account and will be called upon when deemed necessary by the trustees to supplement the ‘normal’ income of the charity. 

Prepared by: Michael Hawksworth (Treasurer) and Alison Davies (Secretary) 12/05/2022 




## **Accounts for year ended 31st December 2021** 

**Income                                                                £** Sale of goods                                                               3,339.25 Standing order donations                                             3,555.00 Just Giving donations                                                      297.41 Amazon Smile                                                                   49.69 Donations from talks                                                       100.00 General donations                                                        7,358.91 Gift Certificates                                                             1,364.00 Gift Aid                                                                          1,693.87 Interest 9.42 Total 17,767.55 

## **Expenditure** 

Purchase of goods                                                           450.00 Carriage etc.                                                                    536.00 School donations                                                        18,000.00 Total                                          18,986.00 



Excess of expenditure over income 

£1,218.45