2021-04-04-accounts

Trustees’ Annual Report for the period

From April 2020 to April 2021

Charity name: Martha’s Dream

Charity registration number: 1180980

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Martha’s Dream’s purpose is to provide support to the vulnerable children in the village of Ekenobizi (Abia State, Nigeria) by providing the funding for an educational facility, giving free access to education for Primary School aged children in a disadvantaged condition. These conditions could be the lack of economic means to access state education; a disability; albino-ism that has made them an outcast in the Nigerian social structure; accusations of witchcraft; or any other condition that hinders, or affects the child’s ability to gain the full development of the human personality and to the strengthening of respect for human rights and fundamental freedoms. At Martha’s Dream, we believe that it is a fundamental human right to have access to a high quality, free education, and this remains the number one priority for the charity.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The main activities carried out by Martha’s Dream in the UK is to raise funds. Activities include the opening of a designated website to raise awareness of who we are and what we do. The website also carries a platform where donations can be received. A sponsored walk across Morecambe Bay proved popular and a good way of raising awareness and also funds. We also conducted fundraising evenings with themed african food and music. These funds are send is support of the educational facility and managed locally in Nigeria for the continued rental of a suitable property, provide salaries for teachers, a cleaner, and an administrator who will oversee the day to day running of Martha’s

		Dream Academy (namely the educational Facility).
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees confirm they had regard to the Charity Commission guidance on Public benefit.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Since Martha’s Dream has been registered as a charity and has started providing funds to Martha’s Dream Academy, the educational facility in the village of Ekenobizi (Abia State, Nigeria) around 180 children yearly have been benefiting of free high-quality education. As a testament of the god work carried out and its impact, children at the school have not just received an education but have been consistently been achieving the highest grades in the Local Government Area. These children would have likely never been able to receive education without the work of Martha’s Dream.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Charity in this financial year has raised 3784.00 GBP, with 3.81 GBP being carried over from the previous year, in accordance with the submitted Statement of Accounts. 3717.00 GBP were spent for the charitable purpose, consequently 70.81 GBP funds are carried over to the next Financial Year for 2021-22.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Desired reserves according to the Reserves policy are 2,000.00 GBP. Any reserve is held in the Charity’s Bank account.
Amount of reserves held	Para 1.22	78.81 GBP
Reasons for holding zero reserves	Para 1.22	Not applicable
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Not applicable

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO Statute
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are voted in annual AGM when their mandate expires as per the timeframes outlined in the CIO Constitution.

Reference and Administrative details

Charity name	Martha’s Dream
Other name the charity uses	Not applicable
Registered charity number	1180980
Charity’s principal address	35 Mardale Ave Morecambe LA4 5XG, UK

Names of the charity trustees who manage the charity

1 2 3		Trustee name	Office (if any)	Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)
		Micheal Statter	N/A	Wholeyear AGM
		Luca Canal	N/A	Wholeyear AGM
		MercyStatteer	N/A	Wholeyear AGM

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Not applicable

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Canal
Full name(s) Luca
Position (eg Trustee Secretary
Secretary, Chair, etc)
Date
31 January 2025
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MARTHA’S DREAM

(Charity registered with HM Revenue & Customs reference EW04045)

RECEIPTS AND PAYMENTS ACCOUNTS

FOR THE PERIOD 4 April 2020 to 4 April 2021

Contents Page Receipt and payments Account for the period 1 6 April 2020 to 5 April 2021 Statement of Assets and Liabilities at 5 April 2021 2

Page 1

MARTHA’S DREAM ( Charity registered with HM Revenue and Customs reference EW04045)

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD 4 April 2020 to 4 April 2021

Unrestricted funds Restricted Funds Endowment Funds £ £ £ Opening Balance of £3.81 at 4 April 2020 RECEIPTS Voluntary Receipts Fundraising and Donations 3784.00 -- -- Bank Interest 0 -- -- Total Receipts 3784.00 -- -- PAYMENTS Cost of Charitable Activities 0 -- -- Grants and Donations Donations to Martha’s Dream Nigeria 3717.00 -- -- Total Payments 3717.00 -- -- Surplus For The Period 67.00 -- -- Cash Funds at 4 April 2020 70.81 -- --

Total Funds £ 3784.00 0 3784.00 0 3717.00 3717.00 67.00 70.81

Page 2

MARTHA’S DREAM (Charity registered with HM Revenue & Customs reference EW04045

STATEMENT OF ASSETS AND LIABILITIES AT 4 APRIL 2021

Unrestricted Funds Restricted Funds Endowment Funds £ £ £ Cash Funds Cash at Bank 70.81 -- -- Total Assets 70.81 -- --	Total Funds £ 70.81 70.81

Approved on _______ 2021 and signed on behalf of all trustees

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