Trustees’ Annual Report for the period
From 01/04/2021 Period start date To 31/03/2022 Period end date
Charity name: OAA UK TRUST
Charity registration number: 1188190
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the education of the pupils at Achimota School Ghana, by providing and assisting in the provision of facilities for education at the school. |
| 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 |
The OAA UK Trust charity in line with its objectives of assisting in the provision of educational facilities, provided financial contribution of £6,597 for the purchase and delivery of chairs to the Achimota school. |
| 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 Charity Commission’s guidance on public benefit. This is demonstrated by our financial contribution towards the purchase of much needed chairs, to provide a conducive learning environment and facilities for the benefit of the students and staff. |
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
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SORP reference
During this reporting period, the OAA UK
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| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| During this reporting period, the OAA UK | ||
| 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 | Trust in line with its objectives provided much needed chairs to Achimota school. The provision of these facilities goes a long way to support the vision of the School in providing excellent education for boys and girls. Excellent education leads to both individual and public benefits, as student progress into higher education in various disciplines and eventually into professions and the workforce to contribute to the development and advancement of the nation of Ghana. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
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Review of the charity’s Para 1.21 As an organisation, the majority of our
financial position at the end funding is received from the Annual OAA UK
of the period Fundraising Dinner Dance events. However,
restrictions and conditions imposed by the
global pandemic impacted our fundraising
activities as shown in our accounts.
At the end of this reporting period, the
financial position is still satisfactory.
The OAA UK Trust has no major overheads,
the organisation is fully ran and supported by
volunteers.
Statement explaining the Para 1.22 We hold reserves to ensure the ongoing
policy for holding reserves running of the organisation.
stating why they are held The reserves enable the organisation to
undertake prefunding activities such as
paying deposits for the catering and venues
used to host our fundraising and alumni
events.
Amount of reserves held Para 1.22 Due to the varied annual income, the
organisation aims to maintain reserves,
which are determined when the income and
proposed expenditure for the year is
assessed.
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 N/A
deficit
Explanation of any Para 1.23 We are now able to plan our fundraising
uncertainties about the events and have no concerns about the
charity continuing as a going charity continuing as a going concern.
concern
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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: |
The OAA UK Trust Charity consists of 3 Trustees and 7 members of the Executive Team |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Foundation Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (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 | Trustees are generally appointed from the OAA body. Any member may submit nominations to the invitation for new Trustees by the published deadline ahead of the AGM. The nominees are presented at the AGM and selected through a process of voting for an initial term of 2years. This is ratified by trustees. There must be at least 3 charity trustees. If the number falls below this minimum, the remaining trustee(s) may act only to call a meeting of the charity trustees, or appoint a new charity trustee. |
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: |
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 | OAA UK TRUST |
|---|---|
| Other name the charity uses | OAA UK |
| Registered charity number | 1188190 |
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Charity’s principal address 38 Claydown Way
Slip End
Luton
LU1 4DU
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 RICHARD DEBRAH Lead Trustee Whole year OAA UK TRUST
2 ABENA OSEI- LAH Trustee Whole year OAA UK TRUST
FRANCES AUDREY Trustee Whole year OAA UK TRUST
3 OBOSHIE TORTO -
ANNOBIL
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– 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
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 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 |
|
|---|---|
| RICHARD DEBRAH | |
LEAD TRUSTEE |
|
| 30/01/2023 | |
| 30/01/2023 |
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OAA UK TRUST 1188190
Receipts and payments accounts CC16a
For the period 01/04/2021 31/03/2022
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations and Legacies - - - - 22,421
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Subscriptions 610 - - 610
Sub total (Gross income for
610 - - 610 22,421
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 610 - - 610 22,421
A3 Payments
Charitable Activities 6,597 - - 6,597 -
Bank Charges 29 - - 29 -
Refund of Dinner Dance tickets due to
Covid 250 - - 250 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 6,876 ] - - 6,876 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 6,876 - - 6,876 -
Net of receipts/(payments) - 6,266 - - - 6,266 22,421
A5 Transfers between funds - - - - -
A6 Cash funds last year end 22,421 - - 22,421 -
Cash funds this year end 16,155 - - 16,155 22,421
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CCXX R1 accounts (SS)
30/01/2023
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash at Bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 16,155 - - - - - 16,155 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval |
CCXX R2 accounts (SS)
30/01/2023
2