## **Trustees’ Annual Report for 2021**
## **From January 1, 2021 to December 31, 2021**
## **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