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2023-03-31-accounts

LEAP INTO HOPE

UNAUDITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

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

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the year ended 31 March 2023

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 2023. 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.

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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

During the period covered with this report, Leap into Hope (“LIH”) continued to work on its two objects of preventing or relieving poverty and advancing Christian religion. The charity continued to prevent or relieve poverty using a multifaceted approach including the child sponsorship program and donating aid. LIH has ensured that aid goes to the intended beneficiaries. During the period covered by this report LIH achieved its objects. The focus this year was Zimbabwe and Kenya.

Child sponsorship program

The child sponsorship program has continued to be a success. One of the older children will be sitting her A Level examination in 2023, she started receiving sponsorship when she was in primary school. This year the charity received £4,597 (2022: £2,923) towards the child sponsorship program. The total expenditure was £4,551 (2022: £3,224). 15 children benefitted (2022:14), 7 in primary school (2022:6) and 8 (2022:8) in secondary school. The schools have continued to identify the children in need of sponsorship. The children continued to receive sponsorship towards their school fees, uniforms, and stationery. Some of the sponsors have been donating towards the cost of food and other day-to-day supplies for the families. The charity continues to receive positive feedback from the beneficiaries, guardians, and the schools. The children and sponsors exchange letters and photographs through the charity. This always brings great joy and helps in building connections.

This year LIH supported less children who are not on the sponsorship program due to other priorities compared to the previous year. LIH only paid school fees for an additional 4 (2022:36) children at a cost of £222 (2022: £868) and examination fees for 2 (2022: 2) children who could otherwise have not been able to sit for their General Secondary Certificate examinations. The total that went towards education costs was £359.02. LIH ensured that the laptops that were donated to the Charity were fit for purpose before donating. LIH donated scientific calculators to secondary schools, LIH was informed that some schools do not have scientific calculators. We received feedback from one of the schools stating that following that donation the mathematics pass rate improved. In a nation like Zimbabwe, education can be a longer-term solution to tackle poverty otherwise the children will be trapped in cycles of poverty. LIH has continued to work with schools, local churches, and organisations to identify the most vulnerable children in need of sponsorship and education support. LIH had an opportunity to meet all the children on a sponsorship program.

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

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

Child sponsorship program (cont’d)

3 children had an opportunity to meet their sponsors who had travelled to Zimbabwe.

Tackling hunger and poverty

This year LIH focused on the nation of Zimbabwe of this aspect of what it does. £2, 902.37 (2022: £1,611) was specifically donated to be used in Zimbabwe and this went towards Zimbabwe activities. A total of £4. 642.46 was used for the whole year with £3, 195.04 used during the October 22 trip to Zimbabwe. £627.50 (2022: £1,121) went towards field costs. The rest of the funds came from general funds. In various places that LIH visited including schools and churches items such as bars soap, cooking oil, salt, toothbrushes, sanitary pads, clothes, cutlery, and crockery were donated. Over 80 food hampers were donated on this trip to children living in abject poverty identified by schools, Jordan Empowerment in Kwekwe, etc. Jordan Empowerment identified 20 children and LIH donated food hampers and other items such as stationery and toys. Some of the food hampers were donated to adults living in poverty who were identified by the local church. Food donations during the trip and during the year were distributed in Gutu, Kwekwe, Zvimba and Buhera. The food hampers had basic needs such as cooking oil, meal mealie, sugar, rice, salt etc. We donated sanitary pads mainly for the girls and women in greatest need to tackle 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 visited Mary Ward Children’s Home in Kwekwe and donated various supplies such as day to day supplies, food like peanut butter, flour, bathing supplies, kitchen utensils, crockery, etc.

In the year food hampers were also donated food hampers targeting orphans, the most vulnerable children and widows living in abject poverty. Those in greatest need are usually identified by schools, churches, local partners, or the local coordinators. The impact of this initiative was significant due to the economic situation of the nation of Zimbabwe.

LIH also donated additional goods that it had received. These goods were £10, 100 including hospital equipment such as doppler/ dopplex machines, pressure relieving mattresses and cushions, clothes, underwear, stationery. Gutu Mission Hospital and Zhombe Hospital were recipients of the medical equipment/supplies. Bumhudzo Hospital in Chitungwiza received for example pressure relieving mattresses and cushions. Buhera hospital received items such as manual sphygmomanometers, digital BP monitor, haemoglobin machine, glucometers and lancets, testing strips, oxygen trolleys, obstetric dopplers, sonoscope etc. There are ongoing concerns in Zimbabwe in relation to health provision due to limited access to equipment and medication supplies.

The charity due to other priorities did not make any donations towards the feeding programs. The need is still there so it will be reviewed in the future..

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

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

Shipment of aid

The few remaining items from 2021 worth £500 were distributed in October 2022.

Advancing Christian religion

The charity spent £1,456.07(2022: £1,012) 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. The owner of the TV station and radio station has given very good feedback and really appreciates the contribution from LIH. The cost includes costs towards editing the programs which are being charged at a very minimal cost.

Administration costs

£1005.13 (2022: £1,166) went towards administration costs such as insurance, website etc.

Outlook for 2023

The charity's aim in 2024 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.

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

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

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 24 December 2023 and signed on their behalf by:

Marry Mukutuma, Chair

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Independent Examiner’s report for the year ended 31 March 2023

This is a report solely to the Board of Trustees of LEAP INTO HOPE for the year ended 31 March 2023. 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: 24 December 2023

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 March 2023

(expressed in GBP) Notes 2022
2023
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		 5,097
19,683
24,780
9,481
5,097
19,683
24,780
9,481
(6,008)
(17,463)
(23,471)
(20,097)
-
(1,000)
(1,000)
(1,000)
(6,008)
(18,463)
(24,471)
(21,097)
(911)
1,220
309
(11,615)
323
581
903
12,519
1,679
(1,679)
-
-
1,091
122
1,213
903

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

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Balance Sheet as at 31 March 2023

(expressed in GBP)
Notes		 2023
2022
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
1,213
403
1,213
903
-
-
1,213
903
1,091
323
122
581
1,213
903

The financial statements were approved by the Board Trustees on 24 December 2023 and signed on

its behalf by:

Marry Mukutuma, Chair

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

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2023

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.

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2023 (cont’d)

2. Incoming resources from charitable activities

2022
2023
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
4,597
-
4,597
2,923
500
-
500
1,060
-
18,683
18,683
5,098
-
1,000
1,000
-
5,097
19,683
24,780
9,481

Included in general donations in kind, is £1,000 (2022: £1,000) related to governance costs for the independent review of the charity financial records. General Donations also include £10,100 that was donated in kind in the form of medical equipment and goods (2022: £500).

3. Direct Costs

2023
2022
Restricted expenses
Non restricted expenses
Governance costs
Total		 £
£
6,008
7,986
18,463
12,111
1,000
1,000
25,471
21,097

During the year, no Trustees received any remuneration (2022: £nil). Additionally, no Trustees received any benefits in kind (2022: £nil). During the year, no Trustees received any re-imbursement of expenses (2022: £nil).

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CHARITABLE INCORPORATED ORGANISATION

LEAP INTO HOPE

Notes to the Financial Statements for the year ended 31 March 2023 (cont’d)

3. Direct cost (cont’d)

Direct costs are broken up as follows:

----- Start of picture text -----
For the year ended
2023 2022
£ £
Restricted expenses
- Child Sponsorship - Education, food and other supplies 4,551 3,224
----- 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
Total		 1,456
1,012
-
-
-
3,749
-
-
6,008
7,986
-
-
1,005
1,166
16,229
10,868
229
77
1,000
1,000
18,463
13,111

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2023 (cont’d)

4. Donated goods

2023
2022
Goods in Transit
Donated goods
Balance as at 31 March		 £
£
-
-
-
500
-
500

As at 31 March 2023, goods worthy £nil (2022: £500) were in storage awaiting distribution. There were no goods in transit at year end (2022: £nil). During the year donations in kind included medical equipment that was valued at £10,100.

5. Summary of Funds for the year ended 31 March 2023

Restricted
Funds
General
Funds
Total
Balance as at 1 April 2022
Incoming resources
Resources expended
Transfer from Unrestricted Funds
Balance as at 31 March 2023		 £
£
£
323
581
903
5,097
19,683
24,780
(6,008)
(18,463)
(24,471)
1,679
(1,679)
-
1,091
122
1,213
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

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LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2023 (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 2023		 £
£
£
1,091
122
903
-
-
-
1,091
122
903
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

15