2021-12-31-accounts - The King's Village Ghana

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

THE KING’S VILLAGE GHANA TRUSTEES’ ANNUAL REPORT 2021 1

Trustees’ Annual Report

(Accompanying Receipts and Payment Accounts)

The King’s Village Ghana

PO Box 6393

Arnold

Nottingham

NG5 6GL

Charity Commission Registered Number 1182366

Financial Year 1 January 2021 – 31 December 2021

Principal Contact: John Fahy

www.tkvg.org.uk

2 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2021

Governing Document

The King’s Village Ghana is governed by a Model Trust Deed dated 19 December 2018.

Objectives of the Charity

The objectives of The King’s Village Ghana are for the benefit of the public:

(a) The advancement of Christian education and education generally for the benefit of children and young people disadvantaged or marginalised by reason of economic, geographic or social circumstance in Northern Ghana by (but not limited to) the provision of schools.
(b) The promotion of the physical and mental health and welfare, and the protection of lives for the benefit of anybody disadvantaged or marginalised by reason of economic, geographic or social circumstance in Northern Ghana by (but not limited to) the provision of:
i. a medical centre with maternity block
ii. a nutrition centre
iii. clean water and sanitation projects through education, provision of bore holes, filtration facilities and extending pipeline systems
(c) The promotion of the Christian faith for the benefit of local communities in Northern Ghana by (but not limited to) the provision of religious material and the resourcing of evangelistic projects.
(d) The prevention or relief of poverty in Northern Ghana by providing grants, items and services to individuals and/or charities working to prevent or relieve poverty.

Scope

The King’s Village UK Charity exists to raise funds from supporters and send regular donations to our partner Ghanaian NGO The King's Village in Ghana.

All donations are aligned to our charitable objectives. The vast majority of the grants made to The King's Village are for specific projects e.g. education - child sponsorship, maternity block construction, nutrition centre resources etc. In addition, a small proportion of grants will be made to individuals to reimburse travelling expenses to Ghana when they bring expertise to the project from outside the country.

All of the projects supported will be for the public benefit. This is monitored by quarterly reporting from the Ghanaian NGO and annual inspection visits from the UK Trustees or delegated individuals.

Activities and Achievements

The King’s Village Ghana continued to be impacted by Covid-19 and the global pandemic during 2021 but thankfully services resumed through the year and John Fahy (Chair of Trustees) was able to visit and evaluate the work in October 2021.

The King’s Village Ghana has profiled the following projects during 2021:

Child Sponsorship

After the enforced Government lockdown in 2020 the schools reopened in January 2021.The King’s Village Ghana NGO educates 522 children. The vast majority of the pupils returned to school and the school year now runs from January to January, rather than September to September. This change to the academic year was deemed

THE KING’S VILLAGE GHANA TRUSTEES’ ANNUAL REPORT 2021 3

necessary by the Government and it is national change. The child education sponsorship program where individuals can sponsor a child for £15/month successfully continues.

Maternity Centre Building

The King’s Village Ghana NGO is building a Maternity Centre, connected to their existing hospital to tackle mother and child birth mortality rates in their region of rural Northern Ghana. A restricted fund has been set-up for supporters and this money is transferred to Ghana as the building work continues. Building work was suspended for part of 2020 due to Covid-19 but resumed in late 2020. Significant progress was made in 2021. We launched a campaign to raise £40,000 to open a section of the building and see the first baby born in the new facility during 2021. The target was reached by August 2021 and the first baby was born on 15[th] December 2021.

Nutrition Centre

The King’s Village Ghana NGO has served thousands of malnourished children in their nutritional centre. This includes admitting severely malnourished children and their mothers for six weeks of intense support and for at risk children and an outreach programme. The development of almost 40% of children in the district are stunted due to malnourishment. Since the nutrition centre opened in 2008 it has saved thousands of lives. During 2021 some huts at the Nutrition Centre were re roofed and the whole centre was painted.

Financial Review

The total income for 2021 of £86,749 was provided by the generous donations from supporters of The King’s Village Ghana. This included restricted donations of £80,445. Expenditure for 2021 totalled £105,388. Careful monitoring of charity’s income and expenditure meant that we ended 2021 with a year end balance of £10,944.

Full details of our finances can be found in the accompanying receipts and payments accounts.

Names of Trustees

John Fahy (Chair)
Julian Bond (Treasurer)
Terence Carpenter

Reserves and Investment Policy

The Trustees have established a policy whereby the unrestricted funds not committed should be ideally three months of the resource required. The Trustees consider the returns on investment to be satisfactory.

Professional Advisers

CAF Bank, 25 King’s Hill Avenue, King’s Hill, West Malling, ME19 4JQ

Andrew Pearson, FMCA Executive Practice, 87 Main St, Newton Linford, Leicestershire LE6 0AF

Grant-making Policy

Grants are made to associated charities with compatible objectives and to individuals with needs that fall within the scope of our charitable objectives.

Review of Major Risks

After a review of the risks, the Data and Safeguarding Policy were updated.

The King's Village Ghana (Reg No 1182366) Receipts and Payments Account for the period ended 31 December 2021

INCOME Notes Restricted Unrestricted Total Funds Charitable Donations Maternity Unit 56,949 - Nutrition Centre 8,250 80 Child Sponsorship 15,246 - Marketing & Promotion - Gift Aid - - Other 6,224 TOTAL INCOME 80,445 6,304 EXPENSES Charitable Donations Maternity Unit 68,110 - Nutrition Centre 13,785 - Child Sponsorship 15,417 - Other 6,440 Marketing & Promotion - Volunteer Expenses 110 Accounting 780 Bank Charges 280 Office Computer & IT 416 Ministry Resources 50 - TOTAL EXPENSES 97,312 8,076 Funds Transfer - - TOTAL INCOME - EXPENSES (16,867) (1,772) Funds B/F 23,887 5,696 Funds C/F 7,020 3,924 - The King's Village Ghana (Reg No 1182366) Account Balances as at 31 December 2021 Assets Restricted Unrestricted Funds Funds Bank Accounts Current Account 168 10,776 168 10,776 Other Assets Loan to ENCA - - Total Assets 7,020 10,776 Funds Restricted Maternity Unit 3,441 - Nutrition Centre 2,098 - Child Sponsorship 1,481 - - - Unrestricted - 10,776 7,020 10,776 Signed Trustees Chairman John Fahy Treasurer Julian Bond Date	Restricted Unrestricted Total Funds 56,949 - 8,250 80 15,246 - - - - 6,224	£ £ Total Total 2021 2020 56,949 4,612 8,330 15,053 15,246 15,853 6,224 38,362
	80,445 6,304	86,749 *73,880*
	68,110 - 13,785 - 15,417 - 6,440 - 110 780 280 416 50 -	68,110 35,000 13,785 8,794 15,417 19,716 6,440 15,068 - 110 478 780 780 280 875 416 186 50 17,050
	97,312 8,076	105,388 *97,947*
	- - (16,867) (1,772) 23,887 5,696	- -
		(18,639) *(24,067)*
		29,583 53,650
	7,020 3,924 -	10,944 *29,583*
		£ £ 2021 2020 10,944 29,583
	168 10,776	10,944 *29,583*
	- - 7,020 10,776 3,441 - 2,098 - 1,481 - - - - 10,776 7,020 10,776 John Fahy Julian Bond	- -
		10,944 *29,583*
		3,441 14,602 2,098 7,633 1,481 1,652 3,924 5,696
		10,944 *29,583*

Independent Examiners Report on the Accounts The King's Village Ghana (Reg No 1182366) for the period ended 31 December 2021

Report to the Trustees/Members

I report to the charity trustees on my examination for the period ended 31 December 2020 which are set out below

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
to state whether particular matters have come to my attention

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Charities Act or

the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent Examiner

31 August 2022

Andrew Pearson F.C.M.A. 87 Main Street Newtown Linford Leicestershire LE6 0AF