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2023-03-30-accounts

SORp
reference
Summary
ofthe purposes
ofthe charity as set out in		 Para
1.17		 The objects of Love Burundi are to advance the
its governing document education
of undergraduate
and post 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		 Para
1.17and
1.19		 Love Burundi were able to award the following
those purposes for the grants:
public benefit, in particular, ~ 5x 1styear BCU* second semester
the activities, projects or scholarship
(July, 2022)
services identified
in the
accounts. ~ 3x 2"' year BCU second semester
scholarship
(July, 2022)
~ Website domain
annual fee, Love Burundi
website used to keep partners/supporters
updated
on Love Burundi
news and
outcomes offunding
(October, 2022)
~ 1 x Student
lunch provision
grant at		 BCU
(January, 2023)
~ 1xStudents
lunch hardship
grant fund
(February, 2023)
~ 3x 3"year first semester scholarships
(February, 2023)
~ 4x 2" year first semester scholarships
Februa, 2023
~ ~ 5x 1"year first semester scholarships
(February, 2023)
*Bujumbura
Christian
University
Statement
confirming
whether the trustees		 have Para
1.18		 Love Burundi
have actively sought funding
had regard to the guidance opportunities
to further the charity's
purposes		 for
issued by the Charity Public Benefit:
Commission on public
benefit ~ Applied to UK charitable
trusts for grants for
scholarships
for students,
for Christian
leadership
conferences
and for student
lunch provision
in Burundi.
~ Shared updated
news with supporters		 on
the impact oftheir donations
and the
ongoing needs of public benefit through
newsletters;
up to date website;
Linkedln
and Facebook posts.
Trustees have followed guidance
issued
by the
Charity Commission
on Public Benefit.
Achiev e m e nts and Performance
SORp
reference
Love Burundi were able to award the following
grants:
Summary
ofthe main
achievements
ofthe		 Para 1.20 ~ Grants to fund student
lunches
charity, identifying the Outcome: Students
who could not afford to
difference the charity's have lunch would be given a hot meal or
work has made to the allowance towards
meals, this improved
circumstances of its their concentration
and attainment
levels,
beneficiaries and any and general engagement
in classes.
wider benefits to society as
a whole. ~ Awarding
a total of 12BCU students
with
scholarships
Outcome: These 12students
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 Icommunity
leadership
roles,
for wider public benefit.

Grants Love Burundi
issued within		 Grants Love Burundi
issued within		 Grants Love Burundi
issued within		 this reporting
year totalled: F19,700.
Love Burundi end ofthis reporting year balance:
819,265.63
Ringfenced
money: f14,801.45
This ring-fenced money to be sent in instalments
bi-annually
over		 the next year providing
scholarships for final year students, second year
students
and		 first year students —this is subject to
receipt ofstudent progress
reports.		 This money
includes
two		 UK charitable
trust grants to Love
Burundi.
The remaining balance: was raised during the end
ofthis reporting year through a Matchfund
campaign
to		 form grants
in the next reporting
year.
Statement explaining the Para 1.22
policy for holding
stating
why they		 reserves
are held		 Trustees do not have a policy to reserve funds,
however as stated above, Love Burundi does
have ring-fenced money
in the account.
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
oin
concern

Description
ofcharity's		 N/A
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
constituted'?		 Para
1.25		 CIO
Trustee selection methods
including
details ofany		 Para
1.25		 Apart from the first charity trustees,
every trustee
must be appointed
for a term ofthree years by a
constitutional
provisions e.g.		 resolution
passed at a properly
convened
meeting
election to post or name of ofthe charity trustees.
In selecting
individuals
for
any person or body entitled appointment
as charity trustees, the charity
to appoint one or more trustees
must have regard to the skills, knowledge
trustees and experience
needed for the effective
administration
ofthe CIO.

Charit
name		 Love Burundi
Other name the chari
uses
Re istered charit number 1188803
Charity's
principal		 address 33Oakridge Road, Ushaw Moor, Durham, DH7 7LN
Trustee name Office (ifany) Dates
whole		 acted ifnot for
ear		 Name
to a		 ofperson (or body) entitled
oint trustee
ifan		 ofperson (or body) entitled
oint trustee
ifan
1 Right Revd William
Malcolm Macnaughton
Revd Pamela
Macnaughton
Revd Steve
Muneza
Mrs Christine
Muneza
Mr John Fairbairn
Mrs Judith Fairbairn

Names and addresses ofadvi sers
Type of Name Address
adviser
Financial Mr Alan Cross 1 High Carr Road, Framwellgate Moor, Durham
DH1 5JP

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AND WALES		 Recei Recei ts and a Itgg g
ments accounts		 Itgg g
ments accounts		 ~~ CC&ea
For the period
from		 To
4
e		 J 4 4 ~ ~ ~
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest 6 to the nearest 5 to the nearest 6 to the nearest 5 to the nearest 5
A1 Recei ts
GENERAL DONATIONS 28,034 2603¹ 10,214
GIFT AID 512 1,248
11,400
u
tota		 ross income or
AR) 26,646' '22„662
sset an Investment sa es,
see table .
u to a
Total receipts
A3Pa ments
GRANTS PAID 19,700 19,700 10,250
BANK CHARGES 72 3,810
WEBSITECHARGES 120 156
TRANSFER CHARGE 75 75 120
Sub total
A¹ Asset and investment
Sub total
Total payments 19,967 'I¹; 36
Net ofreceiptsl(payments) '6, 26
A5 Transfers between funds
A6 Cash funds last year end 2,161
Cash funds this year end t0,667
~ a 4 e ~ ~ r ~ ~
e		 ~ ~ ~
Unrestricted Restricted Endowment
Categories Details funds
to nearest F		 to funds
nearest		 R funds
to nearest		 f
B1Cash funds GENERAL 14,801 3,097
SCHOLARSHIP FOR STUDENTS 7,590
Total cash funds 14,'801 10,887
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest E to nearest E to nearest K
B2Other monetary assets
Details Fund to which
asset belon s		 Cost (optional) Current value
o tional
B3Investment assets
Details Fund to which
asset belon s		 Cost (optional) Current value
o tional
B4Assets retained for the
charity's own use
Fund to which Amount
due		 When due
Details liabili
relates		 o tional o tional
B5Liabilities
Signed by one or two trustees
behalf of all the trustees		 on Signature Print Name Date of
a
royal
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2 Wu&t;M I
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