LEAP INTO HOPE
UNAUDITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
**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 2024**
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 2024. 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**
- **Constitution**
- 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 selfsufficient.
- The advancement of Christian religion for the benefit of the public by:
- means of broadcasting Christian messages, use of media, holding meetings, producing and/or distributing literature on Christianity
- advancing knowledge of the Christian beliefs and practices of the Christian faith
## **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.
- **Risk Management**
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 2024 (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 young people secured a university place following successfully completing and passing her A’ Levels. She started receiving sponsorship when she was in primary school. This year the charity received £4,752 (2023: £4,597) towards the child sponsorship program. The total expenditure was £5,017 (2023: £4,551). 18 children benefitted (2023:15), 6 in primary school (2023:7) and 12 (2024:8) in secondary school. The schools have continued to identify the children in need of sponsorship. The children receive sponsorship towards their school fees, uniforms, and stationery. 3 of the children met their sponsors as they were visiting Zimbabwe. They were able to spend time and had a meal together. Some sponsors have continued to also donate 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 regarding the difference the sponsorship is making. The charity supports the sponsors and the children in exchanging letters and photographs. The sponsors and children really appreciate this, and this really helps in building connections.
This year LIH supported other children through donation of aid. LIH donated items such as toothbrushes, pens, pencils, colouring pencils, scientific calculators, tennis balls, skipping ropes in primary schools with items such as sanitary pads and scientific calculators going to the secondary schools. 2 trustees visited Zimbabwe and were able to speak with the teachers and children. LIH targeted 5 schools, 3 of which are primary and 2 are secondary. One of the schools received the visit for the first time. From the different conversations one of the headteachers explained that some children will go for the whole term without being able to write anything because they cannot afford a 25p worth of an exercise book. The total towards education costs for LIH this year was £927.52. 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.
4
## LEAP INTO HOPE
## CHARITABLE INCORPORATED ORGANISATION
## **Trustees’ report for the for year ended 31 March 2024 (cont’d)**
## **Child sponsorship program (cont’d)**
LIH has continued to work with local partners such as schools and organisations to identify the most vulnerable children in need of sponsorship and education support. LIH trustees who visited the schools had an opportunity to meet all the children on the sponsorship program and saw the impact of the program
## **Tackling hunger and poverty**
This year LIH focused on the nation of Zimbabwe. £2,443.71 (2023: 2,902.37) went towards Zimbabwe activities. £698.75 (2023: £627.50) went towards field costs. LIH donated 50 food hampers 40 through 2 primary schools, 2 through secondary school and 10 through Jordan Empowerment in Kwekwe. The 10 food hampers that were donated via Jordana Empowerment were restricted to 5 orphans and 5 widows. 40 of the food hampers were donated to children living in abject poverty. Food donations and supplies in the year were distributed in Kwekwe, Zvimba and Buhera. The food hampers had basic needs such as cooking oil, meal mealie, sugar, rice, salt etc. 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. The impact of this initiative was significant taking into consideration the economic situation of Zimbabwe.
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 donated pads to one of the secondary schools.
LIH donated a defibrillator to Gutu Mission Hospital. LIH donated food supplies to Buhera hospital as they needed food for the patients. The state of Zimbabwe’s health system has significantly changed with some hospitals running without adequate equipment. In the face of rising needs, the healthcare budget is chronically underfunded, and stocks of essential medicines, diagnostics and supplies have been hugely affected. The hospital that LIH donated the defibrillator is a district hospital serving a population of 250, 000 as the hub for the District Health services. It receives referrals from 30 surrounding primary health care facilities who are dependent on this hospital for complicated cases. The staff there are hardworking, however the services delivered are restricted by lack of equipment or unserviceable and unreliable equipment.
Due to other priorities this year LIH did not make any donations towards the feeding programs though the need is still there.
## **Advancing Christian religion**
The TV and radio programs are both doing well and are receiving very good feedback from the viewers and listeners. The charity spent £3,083(2023: £1,456) towards the costs of a weekly Christian Sayare TV program in Eldoret and radio program aired in Turkana County in Kenya. LIH continues to receive very good feedback.
## **Administration costs**
£927(2023: £1,005) went towards administration costs such as insurance, website etc.
5
LEAP INTO HOPE
## CHARITABLE INCORPORATED ORGANISATION
## **Trustees’ report for the for year ended 31 March 2024 (cont’d)**
## **Outlook for 2025**
The charity's aim in 2025 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 in excess of this figure.
6
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:
- Select suitable accounting policies and apply these policies consistently;
- Observe the methods and principles of in the Charities SORP;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
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 25 January 2025 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 2024**
This is a report solely to the Board of Trustees of LEAP INTO HOPE for the year ended 31 March 2024. 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:
- Examine the financial statements under section 145 of the Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b)of the Act; and
- state whether particular matters have come to my attention.
## **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:
- 1- which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the Act : and
- to prepare financial records with accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
- 2- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached
Signed: Nyasha Dhitima CA(Z)
Dated: 25 January 2025
8
## LEAP INTO HOPE
## CHARITABLE INCORPORATED ORGANISATION
**Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 March 2024**
|(expressed in GBP)|**Notes**|**2023**
**2024**|
|---|---|---|
|||**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
**Total funds at 31 March**
**5; 6**||4,752
10,009
**14,761**
24,780|
|||**4,752**
**10,009**
**14,761**
**24,780**|
|||(5,017)
(8,705)
**(13,722)**
(23,471)
-
(1,000)
**(1,000)**
(1,000)|
|||**(5,017)**
**(9,705)**
**(14,722)**
**(24,471)**|
|||**(265)**
**304**
**39**
309
1,091
122
**1,213**
903|
|||**826**
**426**
**1,252**
**1,213**|
||||
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 2024**
|(expressed in GBP)
**Notes**|**2024**
**2023**|
|---|---|
|**_Current assets_**
Donated goods
**4**
Cash
**_Creditors_**: amounts falling due within one year
**Net Assets**
**6**
**_Charity Funds_**
Restricted Funds
**5; 6**
Unrestricted Funds
**5; 6**
**Total Funds**|**£**
**£**|
||-
-
1,252
1,213|
||**1,252**
**1,213**
**-**
-|
||**1,252**
**1,213**|
||826
1,091
426
122|
||**1,252**
**1,213**|
|||
The financial statements were approved by the Board Trustees on 25 January 2025 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 2024**
## **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 2024 (cont’d)**
## **2. Incoming resources from charitable activities**
||**2023**
**2024**|
|---|---|
||**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**|**£**
**£**
**£**
**£**|
||-
-
**-**
**-**
4,752
-
**4,752**
**4,597**
-
-
**-**
**500**
-
9,009
**9,009**
**18,683**
-
1,000
**1,000**
**1,000**|
||**4,752**
**10,009**
**14,761**
**24,780**|
|||
Included in general donations in kind, is £1,000 (2023: £1,000) related to governance costs for the independent review of the charity financial records.
## **3. Direct Costs**
||**2024**
**2023**
**For the year ended**|
|---|---|
|Restricted expenses
Non restricted expenses
Governance costs
**Total**|**£**
**£**|
||5,017
6,008
8,705
18,463
1,000
1,000|
||**14,722**
**25,471**|
|||
During the year, no Trustees received any remuneration (2023: £nil). Additionally, no Trustees received any benefits in kind (2023: £nil). During the year, Trustees received re-imbursement of expenses amounting to £500 (2023: £nil).
12
CHARITABLE INCORPORATED ORGANISATION
## LEAP INTO HOPE
## **Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)**
## **3. Direct cost (cont’d)**
Direct costs are broken up as follows:
||**2024**
**2023**
**For the year ended**|
|---|---|
||**£**
**£**|
|||
|**Restricted expenses**||
|- Child Sponsorship - Education, food and other supplies
- Advancing Christian religion
**Total**
**Unrestricted expenses**
- Charity administration costs
- General donations (medical equipment, food supplies, and aid)
- Service charges
- Governance costs
**Total**|5,017
4,551
-
1,456|
||**5,017**
**6,008**|
||927
1,005
7,153
16,229
624
229
1,000
1,000|
||**9,705**
**18,463**|
|||
13
## LEAP INTO HOPE
## CHARITABLE INCORPORATED ORGANISATION
## **Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)**
## **4. Donated goods**
||**2024**
**2023**|
|---|---|
|Goods in Transit
Donated goods
**Balance as at 31 March**|**£**
**£**|
||-
-
-
-|
||**-**
**-**|
|||
As at 31 March 2024, goods worthy £nil (2023: £nil) were in storage awaiting distribution.
## **5. Summary of Funds for the year ended 31 March 2024**
||**Restricted**
**Funds**
**General**
**Funds**
**Total**|
|---|---|
|**Balance as at 1 April 2023**
Incoming resources
Resources expended
**Balance as at 31 March 2024**|**£**
**£**
**£**|
||**1,091**
**122**
**1,213**
4,752
10,009
**14,761**
(5,017)
(9,705)
**(14,722)**|
||**826**
**426**
**1,252**|
|||
||**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**|
|||
14
CHARITABLE INCORPORATED ORGANISATION
## LEAP INTO HOPE
## **Notes to the Financial Statements for the year ended 31 March 2024 (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 2024**|**£**
**£**
**£**|
||827
426
**1,252**
-
**-**
**-**|
||**827**
**426**
**1,252**|
|||
||**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**|
|||
15