Charity no. 1179465
Baas Educational Trust UK Receipts and Payments Accounts 30 September 2022
Baas Educational Trust UK
Reference and administrative details
| For theyear ended 30 September 2022 | For theyear ended 30 September 2022 |
|---|---|
| Charity number | 1179465 |
| Registered office and | Quabbs House |
| operational address | Quabbs Road |
| Drybrook | |
| Gloucestershire | |
| GL17 9JD | |
| Trustees | The trustees who served during the year and up to the date of this |
| report were as follows: | |
| Joanna Powell | |
| Anne Howard | |
| Nigel Williams MBE | |
| Independent examiners | Godfrey Wilson Limited |
| Chartered accountants and statutory auditors | |
| 5th Floor Mariner House | |
| 62 Prince Street | |
| Bristol | |
| BS1 4QD |
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Baas Educational Trust UK
Report of the trustees
For the year ended 30 September 2022
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements and the trust deed.
Structure, governance and management
The Baas Educational Trust UK is a Charitable Incorporated Organisation (CIO), which was registered on 8 August 2018. It is currently managed by 3 trustees; the maximum number of trustees provided for in the Constitution is 5 and the minimum number is 3. New trustees are appointed by a resolution passed at a properly convened meeting of the trustees. Up to 3 trustees may be appointed by Baas Educational Trust, India (“the appointing body”).
Objectives and activities
The object of the Baas Educational Trust UK is the advancement of education of underprivileged children in in rural Haryana, India. This is achieved by:
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Raising funds in the UK; and
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Using these funds to support the work of the Baas Educational Trust India (Indian Charity Registration No 312, Book 4 Volume 1325), which runs an English-medium school based in Gairatpur Baas, serving the villages of Baas, Gairatpur Baas and Pandala.
Achievements and performance
As shown in the accounts, this has been a particularly good fundraising year for the CIO. The reported 45% increase in donations was due to the success of the in memoriam fundraising drive mentioned in last year’s report. And the school that the CIO exists to support is going from strength to strength: its academic performance is strong and improving; extra-curricular opportunities, particularly sporting, are excellent; and the school’s facilities continue to grow and improve. The school’s student strength at the beginning of the last academic year was 474 pupils, with an increasing proportion of graduates from the, still very new, 6th form classes going on to higher education or further training. For these students, to achieve such a level of education represents a step change in opportunity and prospects compared to the vast majority of their peers in rural India.
The Chairman of Trustees lives close to the school and regularly visits it; and the Treasurer makes use of her private visits to India to visit the school. These visits are used to check on the ‘ground truth’ behind the reported performance of the school; to gain reassurance that the Baas Educational Trust UK donors’ money is being used correctly and to best effect; to check on standards of safeguarding; and to discuss the long term development of the school. As reported last year, we are satisfied that the governance of the Baas Educational Trust India remains robust and effective; that UK donors’ money is being used effectively and responsibly; and that behavioural and safeguarding standards are satisfactory.
Although, the trustees remain concerned about our ability to continue raise funds on the current scale in the longer term, we are constantly seeking ways to find new donors. It is as yet too early to determine whether these efforts will be sufficient to sustain, or, we hope, increase donations, but this should become clear over the next 3-5 years. As our understanding of the success rate or new fundraising initiatives develops, we will seek to provide realistic projections to the trustees of the Baas Educational Trust India, in order to assist them with their long term planning.
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Baas Educational Trust UK
Report of the trustees
For the year ended 30 September 2022
Financial review
The charity raised donations income of £61.4k in the financial year ended 30 September 2022 (2021: £42.1k). The vast majority of the charity's expenditure (93%) is sent directly to Baas Educational Trust, India. The remaining costs relate to UK fundraising fees and running costs. The charity had cash funds at the end of the year of £28.3k.
Independent examiners
Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Approved by the trustees on 31 January 2023 and signed on their behalf by
Joanna Powell
Joanna Powell - Trustee
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Independent examiner's report
To the trustees of
Baas Educational Trust UK
I report to the trustees on my examination of the accounts of Baas Educational Trust UK (the CIO) for the year ended 30 September 2022, which are set out on pages 5 to 6.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Laura May Richards
Date: 31 January 2023 Laura Richards ACA Member of the ICAEW
For and on behalf of:
Godfrey Wilson Limited
Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
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Baas Educational Trust UK
Receipts and payments account
For the year ended 30 September 2022
| Receipts Donations and gift aid Total receipts Payments Grants payable to Baas Educational Trust Bank fees and transfer charges GoCardless and Stripe fees Accountancy Consultancy Total payments Net receipts Cash funds at 1 October 2021 Cash funds at 30 September 2022 |
2022 £ 61,377 61,377 37,328 171 1,472 780 495 40,246 21,131 7,213 28,344 |
2021 £ 42,182 |
|---|---|---|
| 42,182 | ||
| 36,000 143 1,512 720 - |
||
| 38,375 | ||
| 3,807 3,406 |
||
| 7,213 |
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Baas Educational Trust UK
Statement of assets and liabilities
| As at 30 September 2022 | ||
|---|---|---|
| Cash funds Cash at bank and in hand Total cash funds Cash funds Unrestricted funds: General funds Total cash funds |
2022 £ 28,344 28,344 28,344 28,344 |
2021 £ 7,213 |
| 7,213 | ||
| 7,213 | ||
| 7,213 |
Approved by the trustees on 31 January 2023 and signed on their behalf by
Joanna Powell
Joanna Powell - Trustee
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