TRUSTEES REPORT AND ACCOUNTS 2023 Kaxton Advisory TRIO BRIDGE FOUNDATION 4S RAGLAN AVENUE WALTHAM CROS5 HERTFORDSHIRE EN8 8DA
THE TRIO BRIDGE FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2023. The trustees of the charity hereby present their report alongside the financial statements for the year ending 315t December 2023. The trustees have adhered to the provisions outlined in the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities,, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS: Registered Charity Number: 1180282 Registered Off ice: 45 Raglan Avenue Waltham Cross Hertfordshire EN8 8DA Trustees: Dr Bright Kwame Asante Gyampoh George Noi-Lartey Karen Billington Rose Kwarteng Trustee Trustee Trustee Trustee Independent Examiners: Kaxton Advisory Ltd Suite 6 The Generator Business Centre Surrey CR43FH Bankers: Barclays Bank 43 High Stroet Sutton SMI IDR Page I
SrRUCTuR GOVERNANCE AND MANAGEMEKTr. Governance The charity is govemed by a constitution as def ined bythe Charities Act 2011. Membership of the trustee bIrd The charitys trustees. who are also voluntary under charity law. are referred to as members of the Trustees Board In the charitys Constitution. Inducti• and trnlnlng of trtee$ All trustees are familiar with the practical Wrk of the charity and have undertaken training to SUPF)Ort their role. Orgonizrtional stnicture The Trustee Board meets quarterly. and a quarterly branch feedback report is given at each meeting. The Trustees have the responsibility for the day- to-day operational management of the charity. Rlsk Managemert TheTrusteesare required to identifyand reviewthe riskstowhich thecharity is exposed, ensuring that appropriate contro15 are in place to provide reasonable assurance against f raud and error. Internal control risks are minimized by implementing pr¢xedures for the authorization of all transactions and projec Procedures and risk assessments are also in place to ensure compliance with Health and Safety regulations for volunteers, members children. and visitors to the church. OBJEcfivES AND AcrivrriE&' The TRIO Bridge Foundation enhances maternal and fetal health through simulation training and targeted education. Using research and evidence- based guidance, we train doctors and nurses to improve outcomes for mothers and babies focusing on prevention and intervention to relieve sickness. These objectives are achieved in collaboration with health and social care stakeholders who aim to develop and maintain skills and knowledge for medical professionals. Thisapproach helpsthem utilize and sustain training programs for their benefit and that of the population they serve. Page 2
The organization also functions as a social enterprise dedicated to promoting a holistic and evidence-based approach to healthcare provision in developing countries. PERFORMANCE AND ACHIEVEMENTS: Maternal deaths are often preventable, as effective healthcare solutions to address complications are established. Access to quality care during pregnancy, childbirth, and the postpartum period is essential for all women. Maternal and newborn health are interrelated. Skilled healthcare professionals should attend all births, as appropriate management and treatment can be critical for both maternal and neonatal outcomes. With this background and evidence. a multidisciplinary team aimed to improve childbirth outcomes through training, leading to a Mission to Ghana. Theyearly evaluation showed that proper use of human factors and resources reduces morbidity and mortality rates. This was essential for updating the MOSET training program. Selected hospitals in Ghana would receive refresher courses and additional training as needed. To achieve our goals, we secured funding and donations for hospital needs. Essential medical equipment and items for maternity wards were received and shipped before the mission. In September 2023, 12 UK-based volunteers from various professions travelled to Ghana. The purpose was to.. provide MOSET training at 37 Military Hospital, Ankaase Methodist Hospital, and the University of Ghana Medical Centre. reach out to the Ghanaian community through linking/liaising with representatives of the M inistry of Health and other health institutions, creating awareness of our multi-disciplinary approach to training and its effectiveness and promoting partnerships. Identify additional areas where the TRIO Bridge Foundation could provide valuable services and address those needs effectively. When not overseas, the charity collaborates with the UK Methodist and other Churches to deliver health seminars and promotions etc. Page 3
Both senior and junior medical staff participated in all training days, with approximately 90% attendance observed at all designated hospitats compared to the targeted number of attendees. The "Train the Trainer" sesslons were well attended. provldlng transferable skills and knowledge beneficial for spreading the MOSET programme and alding the medical community. The evaluation showed a strong grasp of maternlty emergency content but identif led teamwork as an area needing improvement. FINANCIAL REVIEW: Church Kinances.. The finance committee oversawthefinancial planning throughout theyear. The charity successfully raised £5,760 through donations. The total expenditure for the charity amounted to £5.134, resulting in a surplus of £626. The public is encouraged to donate generouslyso that the charity can meet its objectives srATEMENT OF TRUSTEE RESPONSIBILITIES The trustees are tasked with preparing the financlal statements in cornpllan with relevant laws and United Kingdom Generally Accepted Accounting Practice (UK GA4PI. Under charity law, trustees are mandated to prepare financial statements for each fiscal year. In accordance with this requirement, trustees have chosen to preparethese financial statementsfollowing the United Kingdom Generally Accepted Accounting Practice IUK GAAPI, which includes United Kingdom Accounting Standards and applicable legislation. The financial statements must legally present a true and fair view of the charitable CoMpanS financial positlon and its surplus or deficit for the specified period. In fulf illing this obligation, trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgments and estimates that are reasonable and prudent. Prepare f inancial statements assuming the charitable company wlll continue operating. unless this is unlikely. Page 4
Trustees must keep accurate accounting records to show the charity's financial position and ensure compliance with the Charities Act 2011. They are also responsible for safeguarding assets and preventing fraud and other irregularities. STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINERS: So far as thetrustees are aware, there is no relevant information about which the charity's independent examiners are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee to make them aware of any examination information and to establish that the charity's independent examiners are aware of that information. INDEPENDENT EXAMINERS The independent examiners, Kaxton Advisory Ltd., will be proposed for re- appointment at the forthcoming Annual General Meeting. On behalf of the Trustees Board- George Nol-Lartey 14th January, 2024 Page S
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TRIO BRIDGE FOUNDATION I report on the aOUnts of Trio Bridge Foundalion for the year ended 31 December, 2023 which comprise the Statrment of Finan¢ial A¢tivitiA the Balance Sheet and relaied notes set out on pages 8 to 12 This report is made solely to the Trustees Board in drdancE with Section 145 ofthe Charities Act 2011. My work ha5 been undertaken so that I rnight stste to the charity's trustees those matters l am requir to 51ate to ihem in an Independent Examiner's rert and for no other purpose. To Ih¢ fullest extent perniitted by law. I do not accept or assume responsibility to anyone other than the Charity and the Charity trust¢¢5 for my examination work. Respective responsibilitieg of Trustees and Examiner The Charity trustees are responsible for the preparation of the CoUnts. They consider that an audit is not required for this year (under Sertion 144 of th¢ Charitle5 Act 2011 (thc Charities A¢l)) and that an independent examination is needed. It is my responsibility io: Examin¢ the accounts (under Section 145 of the Charities A¢t); To follow the procedures laid down in the General Directions given by the Charity Commissioner (under S¢¢tion 145(5Xb) of th¢ Charities Acl). and To state whether particular matiers have com¢ to my attention. is of Independent Examlner'$ report My examination was caTried out in accordance with the General Directions given by the Charity Commissioner. An examination in¢ludes a review of the accounling records kept by the Charity and a comparison of ihe accounts pr¢sent¢d with thos¢ r¢cords. It also includes consideration of any unusual ilems or disclosures in the acllts, and seeking explanalions from you as trusltts ¢oncerning any such matters. The proceduffs und¢rtaken do not provide all the evidence that would be required in an audiL and consequently no opinion is given as to whether the accounts present a'true and fair, view and the report is limited to those matlcrs set out in th¢ statement below.
Independent Examiner's gtslerneot In connection with my examtnatioffj no mattcr has come to my attention: l. Which gives me rcasonablc causc to believe that in any marial rw the requirements to keep accounttng rewrds in aLwrdancc with Se¢tion 130 of the Charities ACL and to prepare accounts which arcord with the accowiting records and comply with the accounting requirements of the Charities A¢t hav¢ not ien it or 2. to whith. in my Opinio attention stw)uld be drnwn to enable a proper understanding of the accounts to be rea¢hed. KAXTON ADVISORY LTD SUITE 4 THE GENERATOR BUSINESS CENfRE SURREY CR4 3FH I Pa8¢ 7
TRIO BRIDGE FOUNDATION STATEMENT OF FINANCIAL ACTivmES FOR THEYEAR ENDED 31ST DECEMBER 2023 General Restrlcted Funds Funds Totsl INCOMING RESOURCES Voiuntsry Incoffle 5.7 6,612 Totsl 6.812 RESOURCES EXPENDED Charltabie Expendlture: Admlnlstratlon & Management Total 5.134 5,134 5,134 4,891 4891 NET INCOMING RESOURCES 626 &721 Movement In Funds Net Incomlng Resources Balanee bioutstforwarrt Transfers IReseNel BALANCE CARRIED FORWARD 626 1,721 4312 I PAGE8
TRIO BRIDGE FOUNDATION BALANCE SHEET AS AT 31ST DECEMBER 2023 2023 2022 Note Current Assets Bank (Barclays) 4.910 3.985 4,910 3,985 Creditorn.. Amount falling due within 1 year 598 299 Net Current Assets 4.312 3.686 Not Assets 4.312 3.686 Funds General 4,312 3686 4,312 3,686 Approveo by the Board Councll on ..3011012024....... And signed on Its behalf by Ichalrmanl l Tieasurerl Or Bright Kwame Asante Gyampoh George Noi-Lartey |PAGE9
NOTES TO THE FINANCIAL SfATEMENrs: I. ACCOUNTING pouaES The financial statements have been p[cd in a¢a)rd with applicable accounting standards and the Charities SORP. Basis of Actounti The fu)ancial slatements have been prered under the historieai Cost convention except for the valuation of investrnent asse which are show at market value. The financial tements include all transactions. assets and li8bilities for which the Church Council is responsible in law. They do not include the accounts of ¢hurch groups that owe their main affiliation to another iY nor those that are inforn)aJ 8atkniw of ¢hur¢h members. Ineoming Resour. All incoming resources are inclth in the stateMt of financi81 activities when the charity is entitled to the income and th¢ amount Can be quantified with reasonable accuw. The following specifi¢ polieies are applied to Particular categories of income. Voluntary Income is received by way of grants, donatio]L8 and gifts and is included in full in the statcmcnt of fuwicial activities when receivable. Grants where entitlement is not conditional on the delivery of specific F*rforniance by the charity are reco8nizaa when the chariry becomes unconditionally entitled to the granL Donated servi¢es and facilities are included at the value to the charity where this can Ix quantified. The value of s¢rvices provided by volunteers h&8 ts)t been included. Gifts donated for resale are included &4 incomin8 rex)urces within the activities for generating fimds when they are sold. Income from investment is included in the year in which it is ttceivable. Ruources Expended: Expendilure is recognized on xcnml basis &8 a liability is incurr•l. EXdItre included any VAT which be fully r&overe& and is rep)rted as part of the expenditure to which it relates. Costs of generating fiumls compris¢ the Costs 9Clated with attr&tin8 voluntary income and costs of trading for fundraisin8 purposes including the charity's shop. Charitable expenditure comprises of those costs incurred by thc clwity in the delivery of its activities and 5¢rYices for its I¢fi¢14[1¢$. It includes b)ih costs that can be allocated directly to such activities and those costs of 8n indirect nature Iieces5ary to support them. Support costs are those costs incurred insupportofexFnditureonthe objects ofthe¢lJarity and include project manasemenL | PAGE 10
TRIO BRIDGE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2023 2. INCOMING RESOURCES 2023 General Fund8 2023 Total Funds 2022 Total Fun Ghana Nurses Association Other 5,780 5,760 5,760 5,760 6,612 6,612 TOTAL 5,760 5,760 6,612 |PAGE11
TRIO BRIDGE FOUNDATION NOTES TO THE FINANCIAL STATEMEKfs- 31ST DECEMBER, 2023 3. RESOURCES EXPENDED: 2023 2022 Internet ststionery Accountancy fee Social Activities Donation £ 146.51 £ 901.62 £ 299.00 1.714 39 £ 3,786.60 3,138 £ 5.133.73 £ 4,891.00 I PAGE 12