Gambian Projects Overseas
Chairman’s Annual Report for the AGM. 20[th] May 2024
Dear Trustees and Supporters,
I am pleased to present the annual Chairman’s Report for the year 2023 - 2024. As we reflect on our accomplishments and challenges, I want to express my gratitude to each of you for your unwavering support and commitment to Gambian Projects Overseas.
Financial Health
Our financial position remains strong. Despite the global economic uncertainties and general fall in charitable giving, we have managed to maintain a healthy reserve fund. Our fundraising efforts, including sponsored walks, regular giving, targeted giving, Sevenoaks Council Play Events, larger donors and cash donations, have contributed significantly to our financial stability. A number of projects are planned for the coming year, including a sponsored walk, a sponsored cycle event, 3 play events and some Crowd Funding with Just Giving, so we hope to maintain this position going forward.
Projects and Achievements
Sinchu Annexe and Playground Completion
I am delighted to announce the successful completion of the Sinchu Nursery Annexe project, in so far as major building works is concerned, Thanks to our dedicated team and generous donors, we were able to complete the extension of the electricity supply to the new classrooms, installing lighting, fans and electric sockets. In addition a large upgrade of the IT computers equipment and resources was achieved, including broadband connection, plus a resource library added to the room too. Then with a much-needed playground completed, the Sinchu school and local community had big smiles on their faces and those of the children too.
Infrastructure Improvements
As mentioned, a major achievement was addressing critical infrastructure needs, including drainage and IT upgrades. These investments will enhance our operational efficiency and ensure a better experience for our schools and wider community.
Solar and Garden Allotments
Our commitment to sustainability continues with the implementation of solar panels and garden allotments. These initiatives not only reduce our environmental impact but also provide educational opportunities for the community.
Looking Ahead
As we look to the future, we remain focused on our mission. Our website donation section is being updated to streamline the giving process, and we are exploring a new look to better represent our values and impact.
Future trips are also on the horizon. These experiences allow us to connect with our beneficiaries directly and gain valuable insights into their needs.
Conclusion
In closing, I want to express my gratitude to our board members, volunteers, and donors. Your dedication drives our success, and together, we will continue making a positive difference in the lives of those we serve.
Sincerely,
David Bennie
Chairman,
Gambian Projects Overseas Charity
20[th] May 2024
| Charity Name | No (if any) | |||
|---|---|---|---|---|
| Gambian Projects Overseas | 1178497 | |||
| Receipts andpayments accounts | CC16a | |||
| For the period from |
Period start date 01/04/2023 |
Period end date To 31/03/2024 |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 4,527 7,828 1,560 4,367 - - - - 18,282 - - - 18,282 5,923 989 936 740 253 216 1,141 1,551 - 11,749 - - - 11,749 6,533 - - 6,533 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 4,527 7,828 1,560 4,367 - - - - 18,282 - - - 18,282 5,923 989 936 740 253 216 1,141 1,551 - 11,749 - - - 11,749 6,533 |
Last year to the nearest £ |
|
| Carried over balance | 4,527 | 3,663 | ||||
| CAF Bank | 7,828 | - | ||||
| Fund Raising | 1,560 | - | ||||
| Donations | 4,367 | - | ||||
| Total Income 22 - 23 | - | 8,989 | ||||
| - | - | |||||
| - | - | |||||
| - |
- | |||||
| ~~Sub total~~~~(Gross income for~~ AR) |
18,282 |
12,652 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 12,652 | ||||||
Building |
5,923 | - | ||||
| Transport | 989 | - | ||||
| Container | 936 | - | ||||
| Teacher Expenses | 740 | - | ||||
| Training | 253 | - | ||||
| Fund Raising | 216 | - | ||||
| Solar | 1,141 | - | ||||
| IT | 1,551 | - | ||||
| Total Spending | - | 13,063 | ||||
| **Sub total ** | 11,749 | 13,063 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 13,063 | ||||||
| 6,533 | - | - | 6,533 | - 411 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 6,533 | - | - | 6,533 | - 411 |
CCXX R1 accounts (SS)
18/05/2024
1
| 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 Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Lloyds Bank Account Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 6,616 - - - - - 6,616 - OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
CCXX R2 accounts (SS)
18/05/2024
2