Trustees’ annual report (including Directors’ report) for the period
From: 02/04/2022 Period start date 31/03/2023 To: Period end date
Charity name: Educating Africa
Charity registration number:1187695
Company number:
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | “For the public beneft to advance the education (including social and physical training) of children under the age of 18 years, in particular of girls of Afro-Caribbean descent in such ways as the charity trustees think ft, in particular but not exclusively by awarding to such persons scholarships, maintenance allowances or grants tenable at any primary, secondary school, university, college or institution of higher or further education.” |
| 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 |
Providing bursaries or grants as fnancial assistance to disadvantaged children to help them gain education Providing grants to young people, families and organisations to enable the provision of education Providing access to tech training and enrichment programs in order for disadvantaged students to gain career opportunities Providing mentorship programs to support the development of students’ education Providing support to parents to enable them become more independent and alleviate their diffcult situations Providing sports kits and equipment to enable students participate in physical activity safely |
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the guidance provided by the Charity commission |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
Achievements and performance
| 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 | Provided grants to increase the number of girls in cohort from 6 to 10 by identifying the needs of the families that required the most financial assistance for their daughters. Overall within the year we made a big impact beyond an educational standpoint which we were extremely proud of. We will continue to raise awareness about the work we do and ensure that our work leads to the public benefit of the communities we operate in. |
|---|---|---|
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives
Other
Financial review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The financial position of the charity at the end of the period is in a positive state. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves that we have set aside provide financial stability and the means for the development of our principal activity. We intend to maintain our reserves at a level which is at least equivalent to the remainder years for each enrolled girl in school in a way that does not hinder completion of their secondary education. Therefore, if there are 4 enrolled girls in school, then reserves will be 4 X tuition fees per year X remainder academic years in school. We do not add the upcoming cost for the academic year in reserves and also pad projected upcoming costs with a contingency amount that rolls back into contingency should it not be spent. We intend to use the reserves in the following manner in 3- 5 years (based on the remainder duration of the girls education): a. Tuition fees and associated school costs b. Enrichment programs c. Emergency situations completely outside of any forecasted scenario e.g. COVID-19 pandemic The Board regularly on an annual basis reviews the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations. |
| Amount of reserves held | Para 1.22 | £1400 |
| 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 |
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.47 The charity’s principal sources of funds (including any fundraising) Para 1.46 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Other
Structure, governance and management
| Description of charity’s trusts: | ||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Trust deed |
| How is the charity constituted? for example limited company, 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:
Para 1.51 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 Other
Reference and administrative details
| Charity name | Educating Africa |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1187695 |
| Charity’s principal address |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if |
|
|---|---|---|---|---|
| 1 2 |
Tessy Mosindi | ~~any)~~ | ||
| Mary Akpeki |
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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
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Trustee name Dates acted if not for whole year
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Funds held as custodian trustees on behalf of others
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
Additional information (optional)
Names and addresses of advisers (optional information)
Type of Name Address adviser
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 company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Tessy Mosindi
Full name(s) Tessy Mosindi
Position (for example Trustee Secretary, Chair, etc)
Date 20/05/2024
| Charity Name | Charity Name | Charity Name | Charity Name | Charity Name | No(if any) | No(if any) | ||
|---|---|---|---|---|---|---|---|---|
| Educating Africa | ||||||||
| Receipts andpayments accounts | ||||||||
| For the period from |
Period start date | To | Period end date | |||||
| 02/04/2022 | 01/04/2023 | |||||||
| Section A Receipts and payments | ||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||
| Monthly Donations | 512 | - | - | 512 | ||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| Sub total_(Gross income for AR) _ | 512 |
- | - | 512 | ||||
| A2 Asset and investment sales, (see table). |
||||||||
| - 0 | - 0 | - 0 | - | |||||
| - 0 | - 0 | - 0 | - | |||||
| Sub total | - 0 |
- 0 | - 0 | - | ||||
| **Total receipts ** | 512 |
- 0 | - 0 | 512 | ||||
| A3 Payments | ||||||||
| School grants | 860 | - | - | 860 | ||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| - 0 | - | - | - | |||||
| **Sub total ** | 860 |
- | - | 860 | ||||
| A4 Asset and investment purchases,(see table) |
||||||||
| - 0 | - 0 | - 0 | - | |||||
| - 0 | - 0 | - 0 | - | |||||
| **Sub total ** | - 0 |
- 0 | - 0 | - | ||||
| **Totalpayments ** | 860 |
- 0 | - 0 | 860 | ||||
| **Net of receipts/(payments) ** | - 348 |
- | - | - 348 |
||||
| A5 Transfers between funds | - 0 | - | - | - | ||||
| A6 Cash funds lastyear end | - 0 | - | - | - | ||||
| **Cash funds thisyear end ** | - 348 |
- | - | - 348 |
||||
| Section B Statement of assets and liabilities at the end of the period | ||||||||
| Categories | Details | Unrestricted funds |
Restricted funds | |||||
| to nearest £ | to nearest £ | |||||||
| B1 Cash funds | Reserves from three years | 1,200 | - | |||||
| - | - |
CCXX R1 accounts (SS)
20/05/2024
1
| - | - | |||||||
|---|---|---|---|---|---|---|---|---|
| Total cash funds | 1,200 | - | ||||||
| (agree balances with receipts and payments account(s)) |
Agreement Error | |||||||
| Unrestricted funds |
Restricted funds | |||||||
| Details | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | ||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | ||||||
| B3 Investment assets | - | |||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | ||||||
| B4 Assets retained for the charity’s own use |
- | |||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
||||||
| B5 Liabilities | - | |||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | ||||||
| Tessy Mosindi | Tessy Mosindi | |||||||
CCXX R2 accounts (SS)
20/05/2024
2
CC16a Last year to the nearest £ 697 - - - - - - - 697 - 0 - 0 697 - - - - - - - - - - - 0 - 0 697 - - 697 Endowment funds to nearest £ - -
CCXX R3 accounts (SS)
20/05/2024
3
- OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional)
Date of approval
20/05/2024
CCXX R4 accounts (SS)
20/05/2024
4