Chairs Annual Report – Ekica Fundraising 1st April 2023 to 31[st] March 2024
The school has had another successful year, which is down to the dedication of the head teacher Jenifa and her hard-working teaching staff, their efforts benefit not only the pupils but the local community as well.
I would like to thank my fellow Trustees for their work this year in supporting the school including the fund-raising events that have taken place this year. My thanks also go to our supporters for their sponsorship of pupils, for the regular and one-off donations that we receive, and to the members of our 200 club. Without all of you the school would not be the success story it is today.
The 1[st] cohort of pupils all passed their exams and were able to move on to secondary school in January. They have all settled in and are continuing to perform well. Sponsors of these children agreed to 50% of their sponsorship to go with the child to cover costs at their new school and 50% to remain with Ekica to continue to help with the school running costs.
In June and July of 2023, Sue and Tadge visited the school. The aim of the visit was to try and engage local support and local funding raising ideas to encourage sustainability and self-support for the school. These visits also give the Trustees first-hand knowledge of the progress of the school, and insight and confidence that the funds we send the school are being spent in the way we intended, and are making a difference.
During the year we equipped the school with a projector, academic books, a second minibus, and substantial food storage bags, which enabled us to purchase 3 months' worth of food in bulk. Buying in bulk reduces the cost of the food, which helps with the school budgeting.
In March, Stour Valley Lions held a race night fundraiser for our charity. I wish to pass on my sincere thanks to them for the £1670.00 they raised.
In June 2023 the school opened a girl's boarding house, the purpose of this was to allow the girls to stay at school each night in the months leading up to their exams, enabling them to focus on their studies in readiness for their exams, this was a great success. So, for our major project this year we are focusing our fund-raising efforts on building a boy's boarding house, this project will need to be completed by spring 2025 which will then give the boys the same advantages as the girls.
Our Charity is looking to recruit new trustees, the role is not an onerous one, but a very rewarding one. You would be making a difference to many children’s lives, giving them chances that many children from more wealthy countries take for granted. New trustees would bring new ideas and funding raising suggestions.
If you are interested in becoming a trustee, making a donation, sponsoring a child or joining the 200 club, please visit our website where you will find information about the school and contact details for Sue, our Secretary and founder.
EKICA FUNDRAISING AND EKICA 200 CLUB Consolidated Profit & Loss Account 1.4.23 to 31.3.24 1.4.23
to 31.3.24
1.4.22
to 31.3.23
INCOME
| Donations - Ekica Fundraising Barc Donations - Ekica Fundraising CAF Subs Ekica 200 Club Barc Subs Ekica 200 Club CAF Sponsorship BARC Sponsorship CAF Transfers from 200 Club Bank Interest CAF Fundraising Bank Interest CAF 200 Club Misc income CAF Total Income EXPENDITURE Funds to Ekica Tanzania BARC Funds to Ekica Tanzania CAF Insurance BARC Insurance CAF Bank Charges Transfer to Ekica Fundraising CAF Transfer to 200 Club CAF Prizes 200 Club BARC Prizes 200 Club CAF Expenses BARC Bluehost BARC Donation Alcester Parish Hall Total Expenditure SURPLUS INCOME/EXPENDITURE BANK RECONCILIATION Opening Balances: Ekica Fundraising BARC Ekica 200 Club BARC Closing Balances: Ekica Fundraising BARC Ekica 200 Club BARC Ekica Fundraising CAF Ekica 200 Club CAF |
9571.74 8214.09 1460.00 1990.00 3445.00 4771.00 3000.00 0.10 3.82 2244.26 9188.00 19820.55 54.96 45.84 145.00 3000.00 75.00 285.00 195.00 770.00 55.78 60.00 4549.83 60.00 0 0 5431.16 183.01 |
34700.01 33695.13 1004.88 4609.83 5614.17 |
8116.43 3745.00 7685.00 3220.00 20909.00 100.80 120.00 3220.00 465.00 6658.20 0.00 4549.83 60.00 |
22766.43 24814.80 |
|
|---|---|---|---|---|---|
| -2048.37 6658.20 4609.83 |
I hereby certify that the above is a true and correct statement of the books and records as presented to me
Signed Trustee
Date
Tringham & Associates
Accountants-Examiners-Auditors
16 Melville House, New Street, Stratford Upon Avon, CV376EB Telephone: 07413 731 585: email: tringhams@accountants.com
Independent Examiners Report to the Trustees of Ekica Fundraising
I report to the trustees on my examination of the accounts of the Ekica Fundraising Registered Charity No. 1183980 for the year ended 31[st] March 2024.
Responsibilities and basis of report
As charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”)
I report in respect of my examination of the Trust accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(b) of the Act.
Independent examiners 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
- the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Signed:
Robert Tringham, Dip. MBA, ASCA (Rtd) New Street Stratford Upon Avon Warwickshire CV376EB
Dated: 29[th] August 2024
Page 1 of 1 Independent Examiners Report to the Trustees of Ekica Fundraising 29[th] August 2024