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2023-12-31-accounts

THE KING’S VILLAGE GHANA TRUSTEES’ ANNUAL REPORT 2023 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 2023 – 31 December 2023

Principal Contact: John Fahy

www.tkvg.org.uk

2 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023

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:

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 has profiled the following projects during 2023:

The King’s School & The King’s Tehillah School

We are currently educating 550 children at our two school sites. The literacy rates in Northern Ghana are the lowest in the country and we are playing our part to change that. Many of the pupils come from families of subsistence farmers and their income levels are incredibly low which leaves then vulnerable to years of a failed harvest. By providing an education the wonderful students will get further study and job opportunities that will help them escape a multi-generational poverty trap. £15/month provides an education and transforms a child’s life. The schools help girls stay in education longer which protects them from child labour or early marriage and therefore dramatically improves their equality of opportunity. The UK charity runs the online secure Child Sponsorship program.

THE KING’S VILLAGE GHANA TRUSTEES’ ANNUAL REPORT 2023 3

2023 was the second year of The King’s Village Youth Leadership program which teaches leadership, entrepreneurial skills, learning musical instruments and teaching children.

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. 2023 has been a dramatic year for our maternity services. An incredible amount of building work and project management has taken place over the past year. Plus, many babies have already been born in the facility. The donations from our supporters are saving lives. In October 2023 the new dedicated maternity operating theatre was opened. The final objective of the project is to open a neo-natal high dependency until in 2025.

The King’s Medical Centre

The King’s Medical Centre provides 24:7 care to approximately 18,000 patients every year. It is the only significant health facility in a district of more than 160,000 people, providing emergency services and in-patient (58 beds) and out-patient care for 100+ people daily. The King’s Medical Centre employs more than 200 staff including doctors, nurses and pharmacists. The UK Charity is facilitating a formal partnership between The King’s Medical Centre and Nottingham University Hospitals. The Global partnership that will enhance both organisations and a Memorandum of Understanding will be established.

Nutrition Centre

Hundreds of malnourished babies’ lives are being saved each year at our Nutrition Centre. Our dedicated and professional staff, provide medical care, high protein food and most importantly of all training for mothers and carers so they know how to provide as nutritional food as possible for their children, based on local ingredients. We love empowering mothers to care for their children.

Expedition from the UK

John Fahy, the Chair of Trustees led a small team of visitors and donors from the UK, to visit the project in October 2023. These visits from UK teams maintain the profile of The King’s Village amongst the UK support base.

Financial Review

The total income for 2023 of £144,913 was provided by the generous donations from supporters of The King’s Village Ghana. This included restricted donations of £125,691. Expenditure for 2023 totalled £144,592. Careful monitoring of charity’s income and expenditure meant that we ended 2023 with a year end balance of £11,898.

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

Names of Trustees

4 EAGLE’S NEST CHURCH TRUSTEES’ ANNUAL REPORT 2023

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 2023

INCOME
Notes
Charitable Donations
Maternity Unit
Nutrition Centre
Child Sponsorship
Gift Aid
Investment Income
Other
TOTAL INCOME
EXPENSES
Charitable Donations
Maternity Unit
Nutrition Centre
Child Sponsorship
Other
Marketing & Promotion
Volunteer Expenses
Accounting
Bank Charges
Office Computer & IT
Ministry Resources
TOTAL EXPENSES
Funds Transfer
TOTAL INCOME - EXPENSES
Funds B/F
Funds C/F		 Restricted
Unrestricted
Total
Funds
44,421
-
10,920
-
44,416
-
25,934
5,716
-
34
-
13,506		 £
£
Total
Total
2023
2022
44,421
52,356
10,920
7,195
44,416
35,139
31,650
-
34
19
13,506
20,801
125,691
19,256		 144,913
115,510
44,522
-
10,820
-
49,692
-
-
19,475
-
2,200
-
-
-
1,224
-
1,047
-
-
-
3,516
-		 44,522
55,429
10,820
7,300
49,692
29,438
31,571
19,535
2,200
990
-
-
1,224
905
1,047
528
-
216
3,516
536
105,034
27,462		 144,592
114,877
-
-
20,657
(8,206)
9,543
2,034		 -
-
321
633
11,577
29,583
30,200
(6,172)
-		 11,898
11,577

The King's Village Ghana (Reg No 1182366) Account Balances as at 31 December 2023

Assets
Bank Accounts
Current Account
Other Assets
Loan to ENCA
Total Assets
Funds
Restricted
Maternity Unit
Nutrition Centre
Child Sponsorship
Unrestricted
Signed
Trustees
Chairman
Treasurer		 Restricted
Unrestricted
Funds
Funds
4,266
7,632		 £
£
2023
2022
11,898
11,577
4,266
7,632		 11,898
11,577
-
-
4,266
7,632
267
-
2,093
-
1,906
-
-
-
-
7,632
4,266
7,632
John Fahy
Julian Bond		 -
-
11,898
11,577
267
368
2,093
1,993
1,906
7,182
7,632
2,034
11,898
11,577

Date 27/20/2024

Independent Examiners Report on the Accounts The King's Village Ghana (Reg No 1182366) for the period ended 31 December 2023

Report to the Trustees/Members

I report to the charity trustees on my examination for the period ended 31 December 2023 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:

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 2024

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