**Charity Registration Number 1180130** ## **ACTS OF HOPE** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE PERIOD ENDING 5TH APRIL 2023** ## **Acts of Hope CIO** ## **Annual Report of the Trustees for the year ending 5[th] April 2023** The Trustees of the Acts of Hope Charity present their annual report for the period from 6[th] April 2022 to 5[th] April 2023, which has been prepared in accordance with the accounting and reporting statements of recommended practice issued by the Charity Commission. Acts of Hope is a Charitable Incorporated Organisation [CIO] under Charity no. 1180130 ## **Trustees** During the period the following individuals have served as Trustees: Rob Hayter - Treasurer Sonya Timms - Chair of Trustees Lester Porter resigned as Chair on 26 January 2023. ## **Public Benefit** The Trustees confirm that the Charity Commission's general guidance on public benefit has been considered in relation to the objectives of the Charity. The report below sets out those objectives and describes how they have been met in the period covered by this report. ## **CIO Objects** The charitable objectives, as set out in the CIO's Constitution, are: 1. For the public benefit, the advancement of education and the relief of poverty in such parts of the world as the trustees shall from time to time determine. 2. And in particular but not exclusively by providing grants of financial assistance and operational support to support the charitable work of the Acts of Hope School in Kasavanahalli, Bangalore, India. ## **Aims** In order to achieve these objectives the Trustees agreed the following aims during the period under review: - To continue to provide financial support to Acts of Hope School - To maintain and steward monthly donors for the Charity ## **Activities during the period of this report** Due to the lack of employed staff there has been no active fundraising in the UK during the year although some funds continue to be received through long-standing monthly donation arrangements with existing donors. Acts of Hope School in Kasavanahalli is performing well and has recovered from Covid restrictions that were in place for most of the previous year. In response to requests from the School for support, the UK Charity transferred funding of £20,286 during the year to cover: Books, Uniforms and Shoes, Insurance renewal and Fitness Certification for two school buses. This includes Higher Education Support that was provided from the restricted funds. ## **Organisational Structure** The Trustees acting as the Board meet regularly and are responsible for: - Ensuring compliance with the charity's Constitution and the law - Developing and agreeing strategy - Setting and overseeing policies - Maintaining fiscal oversight Investment of funds - Fundraising - Ensuring openness and accountability - Diversity The charity had no employed staff during the period under review; however, one of the Trustees acted as Treasurer on a voluntary basis. ## **Financial Review** Acts of Hope receives income and support from the following sources; private individuals and churches. During the period under review, no fundraising activities were carried out in the UK. The charity received donations totalling £5356 comprised of existing standing orders and direct debits from donors, plus a small number of single donations. Expenses were kept at a minimum, resulting in payments of £874 relating to insurance, international transfer fees and bank charges. Trustees were pleased to send funds totalling £20,286 to the Acts of Hope school in Kasavanahalli to help purchase books, uniforms and shoes; to pay for insurance renewal and fitness certification for two school buses; to support secondary and tertiary education. The performance of the Charity was adequate to enable the Charity to meet its aims and objectives to provide financial assistance and operational support to support the charitable work of the Acts of Hope School in Kasavanahalli, Bangalore, India. ## **Connected Party Transactions** There were no connected party transactions during the year in question. Signed Son��Tim�� Sonya Timms Chair of Trustees Date 31/01/2024 **Acts of Hope 1180130 Receipts and payments accounts CC16a For the period** 4/6/2022 4/5/2023 **To from** ## **Section A Receipts and payments** |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Donations
**5,140**
Investments
**216**
**-**
**-**
**-**
**-**
**-**
**-**
**5,356**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 5,356**
**A3 Payments**
Raisingfunds
**874**
Donation to India Schoolproject
**20,286**
Donations to India FEproject
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 21,160**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 21,160**
**_Net of receipts/(payments)_ - 15,804**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**24,034**
**_Cash funds this year end_ 8,230**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**27,960**
**27,960**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**5,140**
**216**
**-**
**-**
**-**
**-**
**-**
**-**
**5,356**
**-**
**-**
**-**
**5,356**
**874**
**20,286**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**21,160**
**-**
**-**
**-**
**21,160**
**- 15,804**
**-**
**51,994**
**36,190**|**Last year**
**to the nearest £**| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**5,140**|**5,767**| ||||**216**|**6**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**5,356**|**5,773**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|**-**| ||||**-**|**-**| |||||| |||**-**|**5,356**|**5,773**| |||||| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**874**|**472**| ||||**20,286**|**9,000**| ||||**-**|**2,000**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**21,160**|**11,472**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|| ||||**-**|**-**| |||||| |||**-**|**21,160**|**11,472**| |||||| ||**-**|**-**
**-**
**-**
**-**|**- 15,804**|**- 5,699**| ||**-**||**-**|**-**| ||**27,960**||**51,994**|**57,693**| ||**27,960**||**36,190**|**51,994**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**|**Details**
Cash at bank
**Details**
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**8,230**
**-**
**-**
**8,230**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**to nearest £**
**27,960**
**-**
**-**
**27,960**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees |Signature|Print|Name|Date of
approval| |---|---|---|---|