Trustees’ Annual Report for 2020
From January 1, 2020 to December 31, 2020
Charity name: GEANCO
Charity registration number: 1186076
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | GEANCO’s Objectives are: (a) The promotion of good health; and (b) the promotion of education, for the benefit of the public for people principally situated in Nigeria, and any other places in the world that the charity trustees consider appropriate, in such ways as the charity trustees think fit, including (without limitation) by: (a) supporting the costs of medical missions whether in the form of money or such other means deemed suitable through, among other things, the provision of facilities, assets and equipment; (b) supporting the costs of running schools whether in the form of money or such other means deemed suitable through, among other things, the provision of facilities, assets and equipment; (c) providing funds to support the provision of surgical and other medical treatments to patients who may not readily have access to such treatments; (d) providing funds to support children’s education to children who may not readily have access to education; |
| (e) assisting with the purchase and supply of medical equipment sufficient to meet patient needs; assisting with the purchase and supply of educational equipment sufficient to meet student needs; (g) assisting and supporting any other charities and other organisations which the charity trustees consider to be working to promote or advance objects equivalent to those of GEANCO; and (h) doing all such other things as are necessary for the promotion of objects of GEANCO. |
||
|---|---|---|
| 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 |
See above. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
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 | GEANCO has yet to initiate its work and operations in the UK or Nigeria in 2020. |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | GEANCO did not raise or spend any money in 2020. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reservesheld | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
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 | Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. 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 GEANCO. There must be at least three (3) trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. The maximum number of charity trustees is nine (9) charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum. |
Reference and Administrative details
| Charity name | GEANCO |
|---|---|
| Other name the charity uses | **N/A ** |
| Registered charity number | 1186076 |
| Charity’s principal address | 6 Hampton Gardens Sawbridgeworth CM21 0AN Hertfordshire United Kingdom |
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) |
|---|---|---|---|---|
| Afam Onyema | N/A | |||
| Sam Neswick | N/A | |||
| Amaka Ilobi | N/A | |||
| Ernest Onyema | N/A |
Corporate trustees – names of the directors at the date the report was approved – N/A
Director name
Name of trustees holding title to property belonging to the charity – N/A
Trustee name Dates acted if not for whole year
– Funds held as custodian trustees on behalf of others N/A
Description of the assets 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 Details of arrangements for safe custody and segregation of such assets from the charity’s own assets