REGISTERED CHARITY NUMBER: 1183628 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 INSPIRE AFRIKA
INSPIRE AFRIKA CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST MARCH 2024 Page Report of the Trustees Ito9 Accountants, Report io Independent Examiner's Report li Balance Sheet 12 Notes to the Flnancial Statements 13 Income and Expenditure Account 14
CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From Period start date 1st April 2023 To Period end date 1st March 2024 Charity name: Inspire Afrika Charity registration number:1183628 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as sel out in its governing document Inspire Afrika is a small charity operating in Kenya dedicated to making a positive impact. We focus on grassrools development by providing support, education and resources to empower individuals. The charitable obiecls are.. The advancement of education for the public benefit by assisting in the provision of a school for children aged 4 to 14 living in Kenya, and by providing funds for the maintenance and development of the school building and assisting children lo attend school. 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. Statement confirming whether the trustees have had regard to Ihe guidance issued by the Charity Commission on public benefit Para 1.17antl 1.19 Durtng this period. Inspire Afrika has undertaken several projects and services aimed at improving the quality of life for its beneficiaries. These include a volunteer trip which improved the environment ofthe school and providing funds to cover the costs of additional teachers. The trustees have adhered lo guidan issued by the Charily Commission on public benefit. Para 1.18 Page I
Achievements and Performance SORP refèrence Introduction In an effort to support education and community development, a team of dedicated volunleers traveled to Kenya to assist in improving the facilities of a local school. The project aimed to enhance the learning environment by upgrading infrastructure, replacing old equipment, and ensuring a safe and conducive space for students and teachers. Summary ofthe main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefrts to society as a whole. Para 1 20 Project Objectives The primary objectives of the volunteer initiative included.. Constructing a new roof io provide a safer and more stable learning environment. Painting classrooms and school buildings to create a vibrant and welcoming atmosphere. Removing old and dilapidated structures lo ensure student safety. Providing new desks and essential school equipment to improve the qualily of education. Activities Undertaken 1. Installation of a New Roof One of the most critical tasks was replacing the existing, worn-out roof with a new one. The volunteers worked alon side local Page 2
builders to install a durable roof, ensuring protection from weather conditions and enhancing the structural integrity of the school buildings. 2. Painting and Beautification Volunteers dedicated lime to repainting the classrooms, giving them a fresh and brighl appearance. This helped create an engaging and inspiring leaming environment for students. 3. Removal of Old and Unsafe Buildings Several old structures on the school grounds posed safety risks. The team worked together to dismantle these buildings, clearing Spa for future development and ensuring a secure environment for students and staff. 4. Providing New Desks and School Equipment To improve the students leaming experience, the team supplied new desks, chairs, and essential school materials such as books, stationery, and teaching aids. This contribution helped address the shortage of basic leaming tools. Impact and Community Response The project had a significant impact on both students and teachers. The improved infrastructure has created a safer and more comfortable learning environment, boosting morale and enthusiasm among students. Teachers expressed gratitude for the new resources, which will enhance lesson delivery and student engagement. Local community members also participated in the project, foslering a sens8 of unity and ownership. Thoir involvement ensures long-term maintenance and sustainability of the improvements made. Conclusion Page 3
The volunteer trip to Kenya was a remarkable success, demonslraling the power of teamwork and community service. Through the collective efforts of volunteers and local residents, the school now has better facilities, safer structures, and improved learning conditions. This initiative has made a lasting difference in the lives of the students and will continue to benefit the community for years to come. Further support and follow-up visits can help sustain these improvements and identify additional ways to enhance the educational experien for the children. This project stands as a testament to the impact that dedicated individuals can make through volunteer work. We have also provided funds to cover the costs of additional teachers. This has meant that more children are now able to attend the school and therefore get access to an education. Page 4
Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves statin are held Amount of reseeS held Reasons for holding zero reserves Details of fund materially in deficil Explanation of any uncertainties aboLrt the charity continuing as a going concern Para 1.21 The charity has maintained a stable financial position, with sufficient reserves to su ort its on oin ro ects and initiatives. Inspire Afrika holds reserves to ensure the continuity of its programs and lo address an unforeseen financial challen es. £27,000 Para 1.22 Para 1.22 Para 1.22 Para 1.24 There are no funds materially in deficit. Par3 1.23 There are no significant UnrtaInlieS regarding the charity's ability to continue as a going concern. Page S
Structure, Governance and Management Description of charity's trusts.. Type of goveming document triisl deed. ro al charter How is the charity constituted? le.g unincorporated association. CIO Trustee selection meth¢Jds including details of any constitutional provisions e.g. election to post or name of any person or body enlitled to appoirst one or more trustees Para 1.25 Foundation Para 1.25 cio Para 1.25 Trustees are selected through a nomination and eleclion prooss as outlined in the charity's governing document. Reference and Administrative details Chari name Other name the charit uses Registered charity number Charity's principal address Ins ire Afrika 1183628 96, Auckland Road, Kingswinford, West Midlands, DY6 8JQ Page 6
Names of the charity trusteès who manage the charity Trustee name oirice Ilf any) Dates acted if not for whol• ear Name of person lor body) entitled toa oint trustee if an Neil Bums Paula Burns Sallyann Wright 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re ort was a Director name roved Name of trustees holding trtle to property belonging to the chaflty Trusts• nam Dates acted If not for whole ear Page 7
Funds held as custodian trustees on behalf of others Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects NA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NA Exemptions from disclosure Reason for nonlsCIO$Ure of ke rsonnel details Other o tional infonnation Page 8
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the Gharity's trustees Signature(s) Full name(s Position log Secretary, Chair, etc Neil Bums Sallyann Wright Trustee Chair Date cyi 103 IZOLS Page 9
INSPIRE AFRIKA ACCOUNTANTS, REPORT FOR THE YEAR ENDING 31ST MARCH 2024 Accountants, Report You consider that the company is exempt from an audit for the year ended 31st March 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to Jttounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year. In accordance with your instructions, we have prepared the accounts which comprise of the Income and Expenditure Account, the Balance Sheet and the related notes from the accounting record5 of the company and on the basis of the information and explanations given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Handmill Taxation Ltd Spencer House 114 High Street Wordsley, Stourbridge DY8 5QR 7th Morch 2025 Page 10
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF INSPIRE AFRIKA Independent examiner's report to the trustees of Insplre Afrika I report to the charity trustees on my examination of the accounts of Inspire Afrika for the year ended 31st March 2024. Re5ponslbilities and basis of report As the charity trustees you are reponsible for the preparation of the accounts in atcordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the accounts carried out Ljnder section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 1451511bl of the Att. Independent exarnlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the atcounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Handmill Taxation Ltd Spencer House 114 High Street Wordsley Stourbridge West Midlands DY8 SQR 7th March 2025 Page 11
INSPIRE AFRIKA BALANCE SHEET AT 31ST MARCH 2024 Year ended 31.03.24 Total funds Year ended 31.03.23 Total funds FIXED ASSErs Notes Tangible assets CURRENT ASSErs Cash at bank and in hand Net current assets Accruals and deferred income 0.00 0.00 27,868.00 27.868.00 1360.001 27,508.00 22,731.00 22.731.(rf) TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES General fund 22,731. 27.508.00 22.731. TOTAL FUNDS 27,508.(X) 22,731.(KJ Forthe financial yeai ending 31st March 2024, the company was entitled to exemption under section 477 01 the Companies Art 2006 relating to srnall companie5. No members have required the company to obtain an audit of its account5 for the year endin8 31st March 2024 in accordance with section 476 of the Companies Act 2006. The trustee5 acknowlèdge their responsibility for complying wih the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provlsions applicable to companies subject to the small companies, re8ime. The financial statements were approved by the 8oard ofTrustees on 7th March 2025 and were slgned on Sts behaw by Neil 8urn5 Page 12
INSPIRE AFRIKA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financial ststements The financial statements of the charity. which is a public benefit undor FRS 102, have been prepared in accordante with the Charities SORP IFRS 1021 'Accounting and Reporting Charitie5.' Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historial cost convention. Infome All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are fecognised as expenditure as soon as thère is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economit benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accovnted for on an accruals basis and ha5 been tl8ssified under the headinds that aggregate all cost related to the categorv. Where Costs cannot be directly attributed to particular heading5 they have been allocated to activities on a basis consistent with the use of SOurCeS. Taxation The charity is exernpt from tax on Its charitable activities. Fund a¢countlng Unrestricted funds can be used in accordance with the charttable objective at the discretion of the trustees. Restricted fvnds can only be used for particular restricted purposes within the objective5 of the charity. Restrictions arise when 5pecifiÈd by the donor or when funds are raised for particular restricted purposes. 2. Credhors: amount falling due wlthin on year 2024 2023 Accrued Expenses 360.00 360.00 3. Genernl fund & Restrlcted Reserves 2024 2023 Balance at 1st April 2023 Excess of income over expenditure for year Balance at 315¢ March 2024 22,731.(K) 4,777.00 27.508.00 21.832.00 899.1)0 22.731.(10 Page 13
NSPIRE AFRIKA INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2024 Year ended 31.03.24 Year ended 31.03.24 INCOME Sponsor a Child General Donations Direct Trip Payments 3,095.00 11,529.00 13,495.00 859.00 loo.00 28,119.00 959.00 Bank Interest 117.00 0.00 TOTAL INCOME 28,236.00 959.C EXPENDITURE Direct Education Costs 1,495.00 Direct Trip Expenses Travel Expenses Prolect Cost5 Non-sterling Bank charges 16,858.00 4,412.CK) 10.00 0.00 0.00 Adminlstrative Expenses:. Accountancy fees Bank Charges Advertising & Marketing 360.(K> 60.00 264.00 60.00 TOTAL EXPENDITURE 23.459.00 60.00 Excess of income over expenditure for year 4,777.00 899.00 Page 14