2022-03-30-accounts - Love Burundi

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Object	i	ves and	Activiti	es
				SORP reference
Summary		ofthe purposes of		Para 1.17	The objects ofLove Burundi are to advance
the charity as set out			in its		the education of undergraduate and post
governing		document			graduate students at Bujumbura Christian
					University (BCU) by providing grants to
					assist them with their education and by
					providing grants to assist BCU with the
					provision ofappropriate training courses and
					conferences and also more generally to
					advance the education of pupils in Burundi
					who might seek to study in Higher Education
					by the provision ofgrants for their benefit.
Summary activities		ofthe main in relation to those		Para 1.17and 1.19	Love Burundi were able to award the following grants:
purposes		for the public
benefit,	in particular,		the
activities,		projects or	services		~ Master's degree research grant
identified		in the accounts.
					~ BCU scholarships for 2final year
					students
					~ BCU partial scholarship for 2 final
					year students
					~ 5xfirst year BCU first semester
					scholarship
					~ 3x 2" year BCU first semester
					scholarship
					~ Student lunch provisions at BCU
					*Bujumbura Christian University
Statement		confirming		Para 1.18	Love Burundi have actively sought funding
whether	the trustees		have		opportunities to further the charity's
had regard to the guidance					purposes for Public Benefit:
issued b		the Charit

Additional		information	(optional)
You ma	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

Achiev	eme	nts and Pe	rformance
			SORP reference
				Love	Burundi were able to award the
				following grants:
Summary ofthe main achievements ofthe charity,			Para 1.20	~	Masters degree Research grant
identifying	the	difference the			Outcome: Candidate is using
charity's	work	has made to			knowledge and skills gained to
the circumstances of its					volunteer/work at BCU and within
beneficiaries and any wider					their own new leadership role, for
benefits to society as a					wider Public Benefit.
whole.
				~	Grants to fund student lunches
					Outcome: Students who could not
					afford to have lunch would be given a
					hot meal, this improved their
					concentration and attainment levels,
					and general engagement in classes.
				~	BCU scholarships
					Outcome: Candidates without a
					scholarship would have not been
					able to afford to continue with (or
					start) their studies. Their studies	are
					providing them with transferable	skills
					and knowledge for their church	/
					community leadership roles, for	wider
					public benefit.

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

Review	ofthe charity's	ofthe charity's	ofthe charity's	ofthe charity's	ofthe charity's			Para 1.21	Love Burundi had F10,686.50at	the end of	the end of
financial	position at				the end				this financial year.
ofthe period
									f7590ofwhich is ring-fenced to	be sent in
									instalments bi-annually over the	next	two
									years as semester scholarships	on receipt of
									student progress reports. This money		was
									given by a UK charity for this purpose.
									The remaining balance is ringfenced to be
									sent as a response to BCU grant	application
									for 5students second semester scholarships
									this August 2022 on receipt ofstudents'
									progress reports.
Statement		explaining				the		Para 1.22	Trustees do not have a policy to	reserve
policy for holding reserves									funds, but this year Love Burundi	has	been a
stating	why	they are			held				recipient oftwo grants for scholarships		for4
									students. Trustees, in agreement	with	the
									grant awarding body, decided to	send	the
									scholarships in bi-annual instalments		to
									beneficiaries upon receipt of students'
									progress report.
									Regular standing orders mean that reserves
									are currently not needed to cover current
									expenses; bank monthly charges and
									website fees.
Amount	of	reserves			held			Para 1.22
									N/A
Reasons for holding					zero			Para 1.22	N/A
reserves
Details	offund materially						in	Para 1.24	N/A
deficit
Explanation			ofany					Para 1.23	N/A
uncertainties			about		the
charity	continuing			as		a going
concern

The charity's principal sources offunds (including	Para 1.47
any fundraising)
Investment policy and objectives including any	Para 1.46
social investment policy
adopted

A description	ofthe principal
risks facing	the charity
Other

Description ofcharity's
trusts:
Type ofgoverning document		Para 1.25	Constitution ofa Charitable	Incorporated
			Organisation whose only voting members
			are its charity trustees (Foundation'		model
			constitution
How is the charity		Para 1.25	CIO
constituted?
Trustee selection methods		Para 1.25	Apart from the first charity	trustees,	every
including details ofany			trustee must be appointed	for a term	ofthree
constitutional provisions	e.g.		years by a resolution passed at a properly
election to post or name	of		convened meeting ofthe charity trustees.			In
any person or body entitled			selecting individuals for appointment		as
to appoint one or more			charity trustees, the charity	trustees	must
trustees			have regard to the skills, knowledge		and
			experience needed for the	effective
			administration ofthe CIO.
Additional information	{optional)
You ma choose to include further statements			where relevant about:

Policies and	procedures
adopted for the induction trainin oftrustees		and	Para 1.51
The charity's structure and	organisational any wider		Para 1.51
network with	which the
charity works
Relationship	with any related		Para 1.51
parties
Other
Reference	and Administrative			details
Chari name			Love Burundi
Other name the chari		uses
Re istered cha number			1188803
Charity's principal address			33Oakridge		Road
			Ushaw Moor
			Durham
			DH7 7LN

mes	ofthe charity trust	ees who manage	the charity
	Trustee name	Office (ifany)	Dates acted ifnot for whole ear	Name to a	ofperson (or body) entitled oint trustee ifan
	Right Revd VVilliam
1	Malcolm
	Macnaughton
	Revd Pamela
	Macnaughton
	Revd Steve
	Muneza
	Mrs Christine
	Muneza
5	Mr John Fairbairn
	Mrs Judith
	Fairbaim
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own assets

Type of	Name	Address
adviser
Financial	Mr Alan Cross	1 High Carr	Road
		Framwellgate	Moor
		Durham
		DH1 5JP

a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	a CHARITY COMMISSION FOR ENGLAND AND WALES	LOVE BURUNDI Recei	LOVE BURUNDI Recei	LOVE BURUNDI Recei	LOVE BURUNDI Recei	ts and	a	ments accounts	ments accounts		CC&ea
										For	the period from		01/04/2021		To	31/03/2022
	'
				-
~						~			~	~
										Unrestricted funds			Restricted funds		Endowment funds	Total	funds	Last year
										to the	nearest	5	tothe nearest	5	tothe nearest 5,	tothe nearest 5		tothe nearest	5
A1Recei ts
General donations											10,214							12,062
Gift aid											1,248
Grants for scholaships		and		lunches									11,400
HSBC money returned																		4,132
Money for grants	through		Love			Burundi												3172
u to		ross		income				or
							AR)				1'Ij&a
set an	lnvestmentsa						es,
see table .
						u	to	a
		Total				receipts											22,882
A3 Pa ments
Grants paid											10,250						10250	16,102
Grants paid													3,810				3,81'0
Bank charges																			88
Website costs												120
Money for grants	through		Love			Burundi												3172
					Sub		total						3,810				14,33$
A4 Asset and	investment
					Sub		total
	Total			payments							10,528							19,3ILt
Net ofreceiptsl(payments)													?,II80
A5 Transfers	between				funds
A6 Cash funds last			year			end					2,18
Cash funds		this			year		end						?				'i0,88?

~	0	~	~	r	~	e	A ~ ~	~	~ ~	~ ~
							Unrestricted	Restricted			Endowment
	Categories		Details				funds		funds		funds
							to nearest K	to nearest		K	to nearest	K
81 Cash	funds		General				3,097
			Scholarships	for students						7,590
					Total cash funds				'T,590
			(agree balances		with receipts and payments
						account(s))
							Unrestricted	Restricted			Endowment
							funds		funds		funds
			Details				to nearest K	to nearest		K	to nearest	f
82 Other	monetary assets
			Details				Fund to which asset belon s	C~(+		l)	Current value o tional
83Investment		assets
			Details				Fund to which asset belon s	Cost (optional)			Current value o tional
84Assets retained for the
charity's	own	use
							Fund to which	Amount due			When due
			Details				liabil relates		o tional		o tional
85 Liabilities
Signed by one or two trustees on behalf of all the trustees				Signature			Print	Name			Date of a royal
							John Fairbaim				04/05/2022
							Christine	Muneza			tt3/~/~