2022-12-12-accounts - Hakol

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Trustees’ Annual Report for the period

From 2019 Period start date To October 2023 Period end date

Charity name: HAKOL

Charity registration number: 1187385

Objectives and Activities

	SORP reference	AR22-REM-7b
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To relieve financial hardship for the public benefit by providing financial education and train to communities in Uganda, East Africa, in particular women to foster sustainable incomes and saving to improve their conditions of life.
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	Main activities – community workshops carried out in schools including a university, the local disability and community hub. These workshops where originally run as pilots on our visits to Uganda in 2019. A recent visit to Uganda a trustee was able to see the results of a success story from the pilot. Two attendees have since saved and purchase land in order to build homes and grow their own food ; one of which has opened a small shop enabling her to become sustainable and has helped her son open a tattoo shop. Another attendee had purchased an Android mobile-phone she also started her own organisation for girls in her village.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We the trustees can confirm that we have had regard to the guidance for Public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference AR22-REM-7b None Para 1.38 Policy on grant making None

Para 1.38 Policy on social investment including program related investment NA Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference	AR22-REM-7b
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

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set	Para 1.41	NA
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41

other

Financial Review

Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

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
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25
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

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
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	HAKOL
Other name the charity uses	HAKOL Ug
Registered charity number	1187385
Charity’s principal address	10 Manor Road, Rochester Kent, ME1 3JN

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Jane Gracelyn Frederick	Chair, Trustee
Shamilah Serwanga Nakiyemba	Trustee
Haruzivi Majengwa	Trustee	10.10.2023

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

Director name

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
NA

Funds held as custodian trustees on behalf of others

Description of the assets NA 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

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and	addresses of advisers (Optional information)	addresses of advisers (Optional information)
Type of adviser	Name Address
NA

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

NA

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) Position (eg Secretary, Chair, etc) Date	J Frederick S Nakiyemba H Majengwa

	Jane Gracelyn Frederick Shamilah Serwanga Nakiyemba HaruziviMajengwa

	Chair Trustee and Trustee
	30.10.2023
	30.10.2023

Charity Name No (if any) HAKOL 1187385 Receipts and payments accounts CC16a For the period Period start date Period end date To from 10/13/2022 10/12/2023

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts None - - - - - - - - - None - - Sub total - Total receipts - A3 Payments None - - - - - - - - - Sub total - None - - Sub total - Total payments - Net of receipts/(payments) - A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Last year to the nearest £
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Section B Statement of assets and liabilities at the end of the period

Details None Details None Details None Details None Details None Signature J Frederick *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ - - - - - - - - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Ms Jane Gracelyn Frederick Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
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		OK
		to nearest £ Endowment funds
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		Date of approval
J Frederick	Ms Jane Gracelyn Frederick