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2024-04-01-accounts

Trustees’ Annual Report for the period

From 31/03/2023 Period start date To 01/04/2024 Period end date

Charity name: THE PINAMANG FOUNDATION

Charity registration number: 1188679

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 the purpose of the charity as set out in
the governing document and • the main
activities undertaken in relation to those
purposes
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
TO ADVANCE EDUCATION FOR THE
PUBLIC BENEFIT BY THE BUILDING AND
RUNNING OF A LIBRARY FOR THE
NKAWIE CLUSTER OF SCHOOLS IN
NKAWIE AND TO HELP PROMOTE
EDUCATION IN LESS PRIVILEGE AREAS
WITHIN THE DISTRICT OF ATWIMA IN
THE ASHANTI REGION OF GHANA
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 They have, but no activity took place in
the period under review.

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

1

Other

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 No activity took place in the period under
review

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

Achievements against
objectives set
Para 1.41 No activity took place in the period under
review
Performance of fundraising
activities against objectives
set
Para 1.41 No activity took place in the period under
review
Investment performance
against objectives
Para 1.41 No activity took place in the period under
review
Other

2

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 No activity took place in the period under
review
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 No activity took place in the period under
review
Amount of reserves held Para 1.22 NIL
Reasons for holding zero
reserves
Para 1.22 No activity took place in the period under
review
Details of fund materially in
deficit
Para 1.24 NIL
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 No activity took place in the period under
review
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

3

Structure, Governance and Management

Description of charity’s
trusts:

Education/training

Disability
Who the charity helps:

The General Public/mankind
How the charity helps:

Provides Buildings/facilities/open
Space

Provides Services

Provides
Advocacy/advice/information
Where the charity operates:

Throughout England & Ghana
Type of governing document
(trust deed, royal charter)
Para 1.25 CIO Memorandum &Articles of
Association
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 No method adopted as the only change
was made by the founder, Mr Bernard
Kufuor who became Chairperson.
Additional information (optional)
You may choose to include further statements
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 None as no activity to place in the period
under review
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 At this stage the Chairperson &
Appropriate Trustees
Relationship with any related
parties
Para 1.51 None

4

Other

N/A

Reference and Administrative details

Charity name THE PINGAMANG FOUNDATION
Other name the charity uses
Registered charity number 1188679
Charity’s principal address HOULDSWORTH BUSINESS & ARTS CENTRE
HOULDSWORTH STREET
STOCKPORT
SK5 6DA

5

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 (ifany)
BernardKufuor Bernard Kufuor
Rene Tolono Bernard Kufuor

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
NONE
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
NONE
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets
NONE

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Accountants GENNINGS LTD Wilsons Park, Monsall Road, Manchester M40 8WN,,
ENGLAN, UK
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

6

Other o tional 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
Bernard Kufuor

CHAIRPERSON
01 02 2025
01 02 2025

8

Registered number CE021234

THE PINAMANG FOUNDATION

Accounts Period Ending : 1 April 2024

THE PINAMANG FOUNDATION Report and accounts Contents

Page
Accountants' report 1
Profit and loss account 1
Balance sheet 2

THE PINAMANG FOUNDATION Accountants' Report

Accountants' report to the directors of THE PINAMANG FOUNDATION

You consider that the company is exempt from an audit for the year ended 1 April 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account and the Balance Sheet from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

GENNINGS LIMITED WILSONS PARK MONSALL ROAD MANCHESTER M40 8WN

17 December 2024

1

THE PINAMANG FOUNDATION Income & Expenditure Accounts for the year ended 1 April 2024

Total Income
Other income
Cost of Sales
Gross profit
Travel and subsistence
Depreciation and other amounts written off assets
Other Administration charges
Profit before taxation
Tax
Surplus of Income Over Expenditure
2024
£
-
-
-
-
-
-
-
-
-
-
2023
£
-
-
-
-
-
-
-
-
-
-

2

THE PINAMANG FOUNDATION Registered number: CE021234 Balance Sheet as at 1 April 2024

Fixed assets
Current assets
Prepayments and accrued income
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
Provisions for liabilities
Accruals and deferred income
Net assets
Funds
Average number of employees
-
-
2024
£
-
-
-
-
-
-
-
-
Number
-
-
-
2023
£
-
-
-
-
-
-
-
-
-
-
-
-
Number
-

The company is a private company limited by shares and incorporated in England. Its registered office is HOULDSWORTH BUSINESS & ARTS CENTRE, HOULDSWORTH STREET, STOCKPORT SK5 6DA.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

BERNARD KUFUOR Director Approved by the board on 17 December 2024

3