OpenCharities

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

2020-12-31-accounts

Trustees’ Annual Report for the period

From 31/10/2019 Period start date To 31/12/2020 Period end date

Charity name: YAKUM

Charity registration number: 1186064

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The objects of the CIO are:
a) to
promote
for
the
benefit
of
indigenous
communities
the
conservation,
protection
and
improvement of the physical and
ecological environment, including but
not limited to restoring vulnerable and
important
ecosystems
using
regenerative agroforestry, to provide
economic and nutritional alternatives
to deforestation.
b) To advance the education of the
public in the restoration, conservation,
protection and improvement of the
physical and natural environment by
provision of educationalvideos and
workshops on climate science,
deforestation,
agroforestry
for
communities and for social media
and documenting information on
Amazon useful plants and their
medicinal/nutritional properties to
share amongst rainforest people.
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 1.
Reforestation of indigenous territories
with important trees producing key medicines,
foods, and materials, which benefit the
community
directly
through
ecosystem
services, improved access to food, improve
nutrition
and
health,
reinforce
cultural
knowledge
and
identity,
and
provide
livelihood.
2.
Mapping territories improves forest
management and provides communities with
insight into economic, educational and
cultural opportunities which contribute to
conservation.
3.
Workshops
based
around
soil
improvement, to improve food production and
sequesters carbon.
4.
Workshops
and
follow-up
on
processing
food
provides
a
way
for
Amazonians to conserve their foods out of
their short fruit seasons (Amazonian climate
makes food rot incredibly fast and outside of
fruit season there is little access to important
vitamins), and alternative livelihoods.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 Trustees have read and discussed all Charity
Commission guidance on being a Trustee of
a charity.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 We do not give grants.
Policy on social investment
including program related
investment		 Para 1.38 We do not make investments, although we
consider our field work to be investments in
forest conservation,
Contribution made by
volunteers		 Para 1.38 Volunteers in Ecuador attending work “minga”
days to help bagging up saplings and planting
trees in Napo province. Volunteers in
indigenous communities helping to carry out
and monitor reforestation in their territory,
support from them to accommodate our staff
during
visits.
Volunteer
support
in
communications and artwork from UK and
Spanish friends. Some in-person medium-
term volunteers have participated in diverse
activities.
Other N/A

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 - Planted thousands of trees of cultural
importance, some critically endangered trees.
- Begun to create promising youth groups
interested and active in conservation and
monitoring
of
forests,
reforestation
and
collection of seeds.
- Created a network of foreign, local and
indigenous people in Ecuador interested in
collaborating on reforestation.
- Made 28 maps representing threats to, and
opportunities in, 24,000 hectares of primary
Siekopai forest.
- Trained 11 Siekopai in use of GPS units and
6 in use of satellite monitoring software to
make maps and detect reforestation.
- Carried out our first complete reforestation
project over 1.7 hectares with 97% survival
over its first 4 months.
- Generated goodwill, trust and mutual respect
in four indigenous nations as a base to do
impactful work with them in 2021.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 YAKUM set out to plant 8,000 trees in 2019-
2020. Our monitoring and evaluation shows
that we exceeded this target and planted out
almost 10,000 trees.
Performance of fundraising
activities against objectives
set		 Para 1.41 Our fundraising targets were fallen well short
of, due to unpredicted COVID-19 economic
shutdown and funders closing their doors for
most of 2020. In August 2021 we have only
just reached stability of where we expected to
be in summer 2020.
Investment performance
against objectives		 Para 1.41 Between UK and Ecuador YAKUM NGOs, we
had £23,388 income in 2019 and £23,128 in
2020. In terms of in-community field work we
planted
10,000
trees
over
this
time,
calculating at some £5.27 per tree planted
(this includes in-country salaries for team).

We also carried out a project to map out forest resources and areas of importance in Siekopai forests covering 24,000 hectares. We consider this achievement tree-wise as somewhat low as our field accessibility in 2020 due to COVID was limited for 8months. In 2021 we aim to plant 30,000 trees and for this to calculate at £2-3 per tree based on our 2021 total budget.

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity holds £1,271 as donations
received to be paid out next year.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We do not have a reserves policy as last year
we scraped by and have never really been in
a position to be able to have a reserve. In our
first operating year, the COVID-19 pandemic
caused great difficulty for YAKUM.
Amount of reserves held Para 1.22 £1,271
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 We had some concern about this in 2020
when the funding environment was incredibly
complex. Now in 2021 we are comfortable
and are about to reach our fundraising goals
for 2021 (and have more or less secured
2022).

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 1.
Grant-giving organisations (approx.
80%)
2.
Private companies (10%)
3.
Individuals (10%)
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 We do not invest money so have no policy.
A description of the principal
risks facing the charity		 Para 1.46 The nature of our work is risky in that nature
can cause setbacks in the field work.
Nurseries full of plants can be lost to leafcutter
ants, rivers burst banks and cover planted
areas in silt.
YAKUM is not resilient to financial disaster
either; during COVID-19 we suffered loss of
partially negotiated funds. Funders we were
building relationships with became unable to
offer funds. Due to this we have been unable
to build a strong reserves and strategy.
Indigenous communities can be risky to work
with due to tenuous land ownership rights and
a culture which does not agree with medium-
term plans nor contracts, and Spanish (the
language we work in) being their second
language.
Ecuador´s
government
can
undermine
conservation, finances many destructive
projects which cause damage to ecosystems
and cultures.
COVID-19 makes it complex for us to mobilise
at times and there is risk of transport closures,
contagion
and
unpredictable
economic
situations in 2021.

Structure, Governance and Management

Description of charity’s
trusts:		 Foundation CIO
Type of governing
document		 Para 1.25 Constitution for Foundation CIO
How is the charity
constituted?		 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 (1) Apart from the first Charity Trustees, every
Trustee must be appointed by a resolution
passed at a properly convened meeting of the
Charity Trustees.
(2) In selecting individuals for appointment
as Charity Trustees, the Charity Trustees
must have regard to the skills, knowledge
and experience needed for the effective
administration of the CIO.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 We do not have any as such but would follow
Charity Commission suggestions for this
procedure as all Trustees have been on the
board from the beginning. From Constitution:
The Charity Trustees will make available to
each new Charity Trustee, on or before his
or her first appointment:
(a) A copy of the current version of this
constitution and
(b) A copy of the CIO’s latest Trustees’
Annual
Report
and
Statement
of
Accounts.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 The Charity has four Trustees located in the
UK and its Director is field-based in Ecuador.
The Director reports quarterly to the Trustees
on field activities.
Name of person (or body)
entitled to appoint trustee (if
any)		 (1) Apart from the first Charity Trustees, every
Trustee must be appointed by a resolution
passed at a properly convened meeting of the
Charity Trustees.
Corporate trustees –
Director name		 Nicholas Charles George Ovenden

Reference and Administrative details

Charity name YAKUM
Other name the charity uses
Registered charity number 1186064
Charity’s principal address 2 BARKER CLOSE
RICHMOND
TW9 4ET

Names of the charity trustees who manage the charity

1
2
3
4		 Trustee name Office
(if any)		 Dates acted if not
for whole year		 Name of person (or
body) entitled to
appoint trustee(if any)
Alexander McFarlane-Watts
Georgina White
Hamza Aynashe
Zygmunt de Goris Jedrzejowski Appointed
16/09/2021

Corporate trustees – names of the directors at the date the report was approved

Director name Nicholas Charles George Ovenden

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity		 Trustees do not hold assets, YAKUM does not hold assets
in the UK. We receive funds in the UK which are transferred
to Ecuador for field work to be carried out by a partner NGO
in Ecuador.
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 No assets held.We do not hold any funds on
custodianship, but donated money does not fall within the
custodianship rules and the money instantly becomes the
property of the charity rather than the doners fund.
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets		 No assets are held in the UK.

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Accountants Best4business Accountants &
Co. Ltd.		 44-45 Beaufort Court, Admirals
Way, London E14 9XL

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Alexander McFarlane-Watts Position (eg Secretary, Treasurer Chair, etc) Date 28.10.2021

Charity Name No (if any) YAKUM 1186064 Receipts and payments accounts CC16a For the period Period start date Period end date To from 31/10/2019 31/12/2020

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
28,702
-
-
-
-
-
-
-
28,702
-
-
-
28,702
26,705
34
450
242
-
-
-
-
-
27,431
-
-
-
27,431
1,271
-
-
1,271		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
28,702
-
-
-
-
-
-
-
28,702
-
-
-
28,702
26,705
34
450
242
-
-
-
-
-
27,431
-
-
-
27,431
1,271		 Total funds
to the nearest £
28,702
-
-
-
-
-
-
-
28,702
-
-
-
28,702
26,705
34
450
242
-
-
-
-
-
27,431
-
-
-
27,431
1,271		 Last year
to the nearest £
Donations 28,702 -
- -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 28,702 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-
Donations out 26,705 -
Service fees 34 -
Legal fees 450 -
Insurance 242 -
- -
- -
- -
- -
- -
**Sub total ** 27,431 -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
1,271 - - 1,271 -
- - - - -
- - - - -
1,271 - - 1,271 -

CCXX R1 accounts (SS)

22/10/2021

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Bank account
Details
Details
Total cash funds
Debtors
Details		 Unrestricted
funds
to nearest £
1,238
-
-		 Unrestricted
funds
to nearest £
1,238
-
-		 Unrestricted
funds
to nearest £
1,238
-
-
1,238 -
- -
- -
1,238 -
Alex McFarlane-Watts

CCXX R2 accounts (SS)

22/10/2021

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ YAKUM members of On accounts for the year 31 DECEMBER 2020 Charity no 1186064 ended (if any) Set out on pages 1-2 of CC16a

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
 28/10/2021
JOHN ATTHEY
ACA
44-45 BEAUFORT COURT
ADMIRALS WAY
LONDON E14 9XL

1

October 2021

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

October 2021

IER