## 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