OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

LEAP INTO HOPE

UNAUDITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Charity number: 1179813

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Table of contents
Administrative and management details 2
Trustees report 3-7
Independent examiner’s report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 -15

1

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Administrative and management details

Trustees

Marry Mukutuma

Fani Mukutuma

Teresa Junic Shumba

Josphine Concepta Kasujja

Debra Vimbai George

Charity registered number:

1179813

Principal Office

28 Rothbrook Drive, Kennington, Ashford, Kent TN24 9PR

Bankers:

Barclays PLC, 90/92 High Street, Crawley, West Sussex, RH10 1BP

2

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the year ended 31 March 2022

The Trustees present their annual report together with the financial statements of LEAP INTO HOPE, a charitable incorporated organization (the “Charity”) for the year ended 31 March 2022. The trustees confirm that the annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) – “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).

Structure, Governance and Management

Method of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are appointed by the existing Charity Trustees under the terms of the Charity constitution.

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied those systems and procedures are in place to mitigate the exposure of the Charity.

Objectives and Activities

Policies and Objectives

The objectives of the Charity are the prevention or relief of poverty in deprived areas across the world in particular but not exclusively by, providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient and advance Christian religion.

The advancement of Christian religion is achieved by means of broadcasting Christian messages, use of media, holding meetings, producing and or distributing literature on Christianity and advancing knowledge of the Christian beliefs and practices of the Christian faith.

3

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2022(cont’d)

Going Concern

The Trustees have considered the financial resources and commitments of the Charity and acknowledge that the Charity’s financial resources are dependent on donations and fund raising activities of the Charity’s management. After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for a foreseeable future. For this reason they continue to adopt the going concern basis in preparing the Charity’s financial statements.

Review of activities

Leap into hope was registered on 5 September 2018.

Prevention and relief of poverty

Leap into Hope (“LIH”) continued to prevent and relieve poverty using a multifaceted approach including the child sponsorship program, donating aid and feeding program. Children living in poverty are likely to leave the education system early in life, miss out on school, or get a poor-quality education. It is known that those living in poverty are at risk of not getting education or good education, risk of disease, malnutrition and stunting in children. LIH targeted the most vulnerable both adults and children. During the year, LIH continued to work on its two objects of preventing and relieving poverty and advancing Christian religion. Leap into Hope has systems in place to ensure that aid goes to the intended beneficiaries. During the period covered by this report LIH achieved its objects and the main focus has been Zimbabwe.

Child sponsorship program

The child sponsorship program has continued to be a success. This year the charity received £2,923 (2021: £2,882) towards the child sponsorship program. The total expenditure was £3,224 (2021: £3,102).

14 children benefitted(2021:14), 6 in primary school (2021:6) and 8 (2021:8) in secondary school. This program has helped to address some of the root causes of poverty. Orphans and vulnerable children were able to stay in education. The children had sponsorship towards their school fees, uniforms and stationery. Some sponsors also donate towards the cost of food and other day to day supplies for the families. The charity received positive feedback from the beneficiaries as well as from the schools.

Education

Over and above the children on the sponsorship program Leap into Hope supported more children with their education costs. LIH has continued to work with schools, local charities, and churches etc. to identify the orphans and the most vulnerable children in need of education support. LIH paid school fees for additional 36 (2021:34) children with 19 (2021:19) in secondary school and 15 (2021:15) in primary school at a cost of £868 (2021:£557) and examination fees for 2 (2021: 5) children who could otherwise have not been able to sit for their General Secondary Certificate examinations. The charity was able to support the children to stay in education. In a nation like Zimbabwe, education can be a longer-term solution to tackle poverty from running through generation to generation. Including those on sponsorship 50 benefitted from an education

4

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2022(cont’d)

Education (cont’d)

perspective. Education support is having a significant impact to communities. This approach is changing children’s lives as they are equipped for the future, otherwise will be trapped in cycles of poverty..

The charity gave the children access to education and kept them in education as this could be a longerterm solution to tackle poverty from running through generation to generation. There were over 50 (2020: 45) children including those on the sponsorship program who benefitted from an education perspective. This approach is changing children’s lives as they are equipped for the future. Children will otherwise be likely to be trapped in cycles of poverty.

Specific donations for Zimbabwe activities

£1,611(2021: £1,024) specifically went towards Zimbabwe expenses from funds that were specifically donated to be used in Zimbabwe including a total of £1,121(2021: £nil) that went towards field costs. The funds were also used for tackling hunger and period poverty.

Tackling hunger

Food donations worth £489 (2021: £1,616) were made to Zimbabwe (Kwekwe and Buhera). The main approach used this year was donating food hampers which contain the most needed food supplies for families living in poverty. This year has been particularly more challenging due to the impact of the pandemic that was caused by COVID-19. The target groups were orphans, the most vulnerable children, widows and those living in abject poverty. Those in greatest need were mainly identified by schools, churches, local partners or the local coordinators. The impact of this initiative was significant due to the current economic situation of the nation as well as the impact of the pandemic. 30 families benefitted and LIH received very good feedback from the beneficiaries on how the food has been making a difference in their lives.

Period poverty

Period poverty is one of the main challenges that girls living in poverty face. In Zimbabwe period poverty is still very prevalent with many schoolgirls being unable to afford pads and missing school. LIH supplied sanitary pads to vulnerable girls in schools in Zimbabwe and some of the girls told us how they have benefited from this. One of the teachers supporting the girls expressed the challenges they face when they are having periods and the significant difference this initiative was making to them. The head girl for one of the schools also explained how this initiative was supporting the vulnerable girls.

Shipment of aid

Following relaxation of travel restrictions LIH managed to distribute shipped aid in March 2022 such as shoes, clothes, books, medical supplies in Zimbabwe. This was a very successful initiative. Most of the aid worth £10,000 was distributed in March 2022 with the few remaining items worth £500 due to be distributed later in 2022.

5

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2021(cont’d)

Feeding program

The charity received a total of £400 (2021: £696) towards the feeding program. A total of £2,138 (2021:£299) was spend on the feeding program with most it coming from general funds whereas in the previous years the program was mainly funded from specific funds. 156 (2021: 156) children aged between 4-6 years benefitted each school day of the term as they received a daily nutritious meal.

It is also known that the right nutrition to children prevents malnutrition and the risk of developing disease. The feeding program is run by the school development committee, teachers and local volunteers in Zimbabwe with Leap into Hope only funding for the ingredients. Locally produced food was used to support the local communities. LIH trustees had an opportunity to meet these children before the end of the financial year and were able to speak with some of them.

The teachers have been reporting that the children have been actively participating in class, displaying improved concentration, gaining weight and there have been less absenteeism. They also said that the feeding program was boosting children’s confidence and morale. The headteacher reported that there has been an increase in enrolment as a direct result of the feeding program. The children have also told us that this has made a difference to them and are grateful that LIH has helped them to access food through the feeding program.

Medical Equipment

The charity donated supplies to Buhera Rural Hospital including a significant amount of incontinence pads and syringes that were shipped. There are ongoing concerns in Zimbabwe in relation to health provision due to limited access to equipment and medication supplies. LIH donated surgical gloves to Ukraine.

Advancing Christian religion

The charity spent £1,012 (2021: £nil) with £152 going towards the purchase of 30 bibles 15 in Swahili and 15 in Turkana language in the Turkana County in Kenya. The rest of the funds went towards the costs of a weekly Christian Sayare TV program in Eldoret and radio program aired in Turkana County in Kenya. The TV and radio programs are both doing well and are receiving very good feedback from the viewers and listeners.

Administration costs

£1,166 (2021: £972) went towards administration costs such as insurance, website etc.

Outlook for 2023

The charity's aim in 2023 is to continue to prevent and relieve poverty through various activities including the child sponsorship program in Zimbabwe and supporting the spread of Christian religion.

6

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2021(cont’d)

Financial review

Reserves Policy A reserve of 3 months’ expenditure amounting to £300 is considered adequate. The balance carried forward is well in excess of this figure. As a new charity this will be reviewed in future periods

Trustees’ Responsibility Statement

The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with the applicable law and the United Kingdom Generally Accepted Accounting Standards (UK GAAP).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of such resources in that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and Provisions of the Trust Deed. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Board of Trustees on 10 October 2021 and signed on their behalf by:

Marry Mukutuma, Chair

7

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Independent Examiner’s report for the year ended 31 March 2022

This is a report solely to the Board of Trustees of LEAP INTO HOPE for the year ended 31 March 2021. This report is prepared in accordance with section 145 of the Charities Act 2011 and the regulations made under section 154 of that Act. My work has been undertaken so that I might state to the Charity’s Board of Trustees those matters I am required to state to them in an Independent examiner ‘s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Board of Trustees for my work and for this report.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Acct 2011 (the Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes considerations of any of the unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the review is limited to those matters set out in the statements below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Signed: Nyasha Dhitima CA(Z)

Dated: 6 October 2022

8

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 March 2022

(expressed in GBP) Notes 2021
2022
Restricted
funds
Unrestricted
funds
Total
funds
Total
funds
£
£
£
£
Income resources
Incoming resources from generated funds:
Incoming resources from charitable
activities
2
Total incoming resources
Resources expended
Charitable activities
3
Governance costs
Total Resources expended
Movement in total funds for the year
- net income/(expenditure) for the
year
Resources brought forward
Transfer from Unrestricted Funds
Total funds at 31 March
5; 6		 4,383
5,098
9,481
12,660
4,383
5,098
9,481
12,660
(7,986)
(12,111)
(20,097)
(9,872)
-
(1,000)
(1,000)
(1,000)
(7,986)
(13,111)
(21,097)
(10,872)
(3,603)
(8,013)
(11,615)
1,788
1,350
11,169
12,519
10,731
2,575
(2,575)
-
-
323
581
903
12,519

The notes on pages 11 to 15 form part of these financial statements

9

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Balance Sheet as at 31 March 2022

(expressed in GBP)
Notes		 2022
2021
Current assets
Donated goods
4
Cash at hand and cash on hand
Creditors: amounts falling due within one year
Net Assets
6
Charity Funds
Restricted Funds
5; 6
Unrestricted Funds
5; 6
Total Funds		 £
£
500
10,500
403
2,019
903
12,519
-
-
903
12,519
323
1,350
581
11,169
903
12,519

The financial statements were approved by the Board Trustees on 6 October 2022 and signed on

its behalf by:

Marry Mukutuma, Chair

The notes on pages 11 to 15 form part of these financial statements

10

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2022

Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.3 Income resources

All incoming resources are included in the Statement of financial activities when the Charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost bone by a third party.

1.4 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all the costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated in a basis consistent with the use of the resources.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment, but not accrued as expenditure.

11

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2022 (cont’d)

2. Incoming resources from charitable activities

2021
2022
Restricted
funds
Unrestricted
funds
Total
funds
Total
funds
Charity incoming resources
- Feeding program donations
- Child sponsorship donations
- Other restricted donations
- General donations
- Donations in kind
Total incoming resources		 £
£
£
£
400
-
400
696
2,923
-
2,923
2,882
1,060
-
1,060
922
-
5,098
5,098
4,140
-
-
-
4,000
4,383
5,098
9,481
22,769

Included in general donations in kind, is £1,000 (2021: £1,000) related to governance costs for the independent review of the charity financial records.

3. Direct Costs

2022
2021
For the year ended
Restricted expenses
Non restricted expenses
Governance costs
Total		 £
£
7,986
4,984
12,111
4,888
1,000
1,000
21,097
10,872

During the year, no Trustees received any remuneration (2020: £nil). Additionally, no Trustees received any benefits in kind (2020: £nil). During the year, no Trustees received any re-imbursement of expenses (2020: £nil).

12

CHARITABLE INCORPORATED ORGANISATION

LEAP INTO HOPE

Notes to the Financial Statements for the year ended 31 March 2022 (cont’d)

3. Direct cost (cont’d)

Direct costs are broken up as follows:

----- Start of picture text -----
For the year ended
2022 2021
£ £
Restricted expenses
- Child Sponsorship - Education, food and other supplies 3,224 3,101
----- End of picture text -----

- Advancing Christian religion
- School equipment
- Food supplies, prison aid and other daily supplies
- Medical equipment, medicines and other aid
Total
Unrestricted expenses
- Feeding program
- Charity administration costs
- General donations (medical equipment, food supplies, and aid)
- Service charges
- Governance costs
- Ministry costs
- Shipping costs
Total		 1,012
-
-
-
3,749
1,369
-
514
7,986
4,984
-
-
1,166
972
10,868
1,636
77
123
1,000
1,000
-
658
-
1,500
13,111
5,888

13

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2022 (cont’d)

4. Donated goods

2022
2021
Goods in Transit
Donated goods
Balance as at 31 March		 £
£
-
-
500
10,500
500
10,500

As at 31 March 2022, goods worthy £500 (2021: £10,500) were in storage awaiting distribution. There were no goods in transit at year end (2021: £nil).

5. Summary of Funds for the year ended 31 March 2022

Restricted
Funds
General
Funds
Total
Balance as at 1 April 2021
Incoming resources
Resources expended
Transfer from Unrestricted Funds
Balance as at 31 March 2022		 £
£
£
1,350
11,169
12,519
4,383
5,098
9,481
(7,986)
(13,111)
(21,097)
2,575
(2,575)
-
323
581
903
Restricted
Funds
General
Funds
Total
Balance as at 1 April 2020
Incoming resources
Resources expended
Transfer from Unrestricted Funds
Balance as at 31 March 2021		 £
£
£
1,542
9,189
10,731
4,520
8,140
12,660
(4,984)
(5,888)
(10,872)
272
(272)
-
1,350
11,169
12,519

14

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2022 (cont’d)

6. Analysis of Net Assets between Funds

Restricted
Funds
General
Funds
Total
Current assets
Creditors falling due within one year
Balance as at 31 March 2022		 £
£
£
323
581
903
-
-
-
323
581
903
Restricted
Funds
General
Funds
Total
Current assets
Creditors falling due within one year
Balance as at 31 March 2021		 £
£
£
1,350
11,169
12,519
-
-
-
1,350
11,169
12,519

15