Trustees’ Annual Report for the period
From 12 October 2023 Period start date To Period end date
12 October 2024
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 financial workshops or poverty alleviation. Including in schools and universities. Diverse groups include those with disabilities. We currently partner with National Union of Disabled Persons of Uganda NUDIPU. Forming of a committee in Uganda for effective working Land purchase – Land has been purchased for farming training food sustainability for a pilot homes for orphans and abandon children wo along wit the poor will have access to the farmland and any produce. |
| 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 |
|
|---|---|---|
| Policy on grant making | Para 1.38 | None |
| None |
Policy on social investment Para 1.38 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 | Individuals are able to understand finances and make focus purchases such as small shops run market stalls and understand their money. |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | 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
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | One donation made for farmland No funds at the end of the year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | NA |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves |
Para 1.22 | Donation made for one purchase only. The charity has not yet applied for funding as business plan not complete. |
| Details of fund materially in deficit |
Para 1.24 | 0 |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
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
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jane Gracelyn Frederick |
Chair, Trustee | |||
| Shamilah Serwanga Nakiyemba |
Trustee | |||
| HaruziviMajengwa | Trustee | |||
– 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)
NA
Exemptions from disclosure
Reason for non-disclosure of key personnel details
NA
Other optional information
Land purchased in charity name
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) J Frederick S Nakiyemba H Majengwa Full name(s) Jane Gracelyn Frederick Shamilah Serwanga Nakiyemba Haruzivi Majengwa Position (eg Secretary, Chair Trustee and Trustee Chair, etc) Date 12.10.2024
Charity Name No (if any) Hakol 1187385 Receipts and payments accounts CC16a For the period Period start date Period end date To from Oct-23 Oct-24
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Donation 6,596 - - - - - - - 6,596 - Sub total - Total receipts 6,596 A3 Payments Travelexpenses 618 580 ## FarmLandpurcase 5,198 Stipends 200 - - - - - Sub total 6,596 Farmland - - Sub total - Total payments 6,596 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). Accommodation+Expenses for travel to Uganda A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 6,596 - - - - - - - 6,596 - - - 6,596 618 580 5,198 200 - - - - - 6,596 - - - 6,596 - - - - |
Last year to the nearest £ |
| - - - - - - - - - |
6,596 | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 6,596 | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - - - - - - - - - - |
618 | - | ||
| 580 | - | |||
| 5,198 | - | |||
| 200 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 6,596 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 6,596 | - | ||
| - | - - - - |
- | - | |
| - | - | - | ||
| - | - | - | ||
| - | - | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details none Details None Details Details Farmland Details None Signature J Frederick H Majengwa 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) 5,398 - - - - - - - - - - - - - Print Name Jane Gracelyn Frederick Haruzivi Majengwa 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 |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| J Frederick | Jane Gracelyn Frederick | 14.10.2024 | |
| H Majengwa | Haruzivi Majengwa | 14.10.2024 |