Trustees Annual Report for 2022
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
Poppy Banton
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.
We are still feeling the effects of the coronavirus pandemic, with income from the sale of goods and talks not having recovered to what they were in 2019. Fortunately, donations have been excellent, especially in the pre-Christmas season and, together with some special fundraising events, the outcome is an excess of income over expenditure of £1,614.10.
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) 14/05/2024.
– Movement of funds and assets 2023
£ 1 January Bank balances Current account 7,840.74 Savings account 30,189.08 38,029.82 Add excess of income over expenditure 1,614.10 Bank balances 39,643.92
31 December Bank balances: Current account: 9,103.26 Savings account 30,540.66 39,643.92
Stock valuation at 31 December - £250.
Total assets at 31 December - £39,893.92
There are no liabilities.