Annual Report and Accounts 2[nd] October 2022 – 1[st] October 2023 Registered Charity Number: 1189092 Grace Sustains Africa CIO Registered Charity Number: 1189092 Registered address: Kemp House 152 - 160 City Road London EC1V 2NX Trustees: Mr Samuel Adedero Mr Olawale Akinrogunde Mr Emmanuel Ayoola Mr Akinloluwa Obembe Annual Report ## Context and History of the charity GSA was founded by Emmanuel Ayoola to transform Africa by creating sustainable change within local communities. In January 2017, Emmanuel visited a village in Sierra Leone called Mobai, where his late grandmother was born, as a result of her passing. Emmanuel saw kids that had the same blood as him, but not the same opportunities as he has had. He vowed to do everything he could to empower them to be everything that God created them to be by combating the poverty, lack of water facility and lack of education. We believe that not only is it gracious giving that empowers and sustains communities, and the grace of God that sustains us all. GSA aims to picture the gracious love of God, through gracious support that will transform Africa one community at a time GSA was granted charitable status on April 16 2020. Our dedicated team of trustees passionately lead GSA in creating the impact that we seek to make. We continue to strive to serve our communities economically and spiritually. ## Prior Achievements GSA has impacted over 600 households in Sierra Leone, funding: - Clean Water Fountains - Classroom and Recreational Resources - Solar panels - Agricultural tools for farming - Sanitation Equipment - Essential foods - Supplying emergency care and essential goods during Coronavirus outbreak in 2020 ## Church Partnerships Following the commitment of Hackney ERC church to donate £500 towards our vision, we took on board wisdom and advice to ensure a church worker or pastor was affiliated to our charity, and thus expanded our board of trustees. The experience, contacts, skills and pastoral wisdom this has resulted in us receiving has been invaluable. **First Reformed Baptist Church:** GSA began partnering with and supporting First Reformed Baptist Church based in Freetown, Sierra Leone in December 2022. We were aligned with the statement of faith and beliefs of the church to support gospel outreach and partnered in the funding of a childrens vacation Bible school. ## School Partnerships **Mandu School:** GSA has a long-standing partnership with Mandu School, which began in December 2018. We initially commissioned local workers to build 2 clean water fountains, before providing sports kits and resources, and funding the building of classroom equipment by local labourers to encourage real sustainable change in the community. We have continued to establish a good relationship with the school, donating a grant of £3,013.30 in 2020 during the Coronavirus outbreak, enabling the school to be a central support for members of the community. Our provision of sustainable resources such as a cassava processing unit and agricultural tools have further contributed to our goals of working towards self-sustainability. In 2023 we continued to actively engage with the work of Mandu school in the Mobai community, and committed to supporting the building of a Senior secondary school with a donation of £525.98 **St Michael’s school and RC Primary school** _:_ St Michael's School was the second school in which GSA provided clean water, sports equipment and classroom resources, laptops and agricultural tools. Our work in R.C Primary School took our impact to over 1100 children in the community of Mobai, Sierra Leone, supporting them with equipment and agricultural tools requested. We have not provided financial funding for these schools during the annual report period, but continue to maintain good communication and positive relationships with the schools as we look forward to partnering with them in the future. **Cleverminds school:** GSA supported with the delivery of several school assemblies during 2022 - 2023 via online video calls during which members of the team shared Biblical teaching, prayer and encouragement to the young orphans attending the school in Nigeria. ## Looking forward As the end of 2023 approached, discussions continued to centre around a long term vision for the upcoming years and continued growth of the charity. The team has adapted to losing a head of operations, and supporting team members leading marketing and fundraising so moving forward will continue to seek creative ways as a small team of trustees to continue the work of the charity, and galvanise volunteers to continue to support the vision. ## Financial review: The accounts are for the twelve month period from 2[nd] October 2022 – 1[st] October 2023. Total unrestricted income during this period was £1,336.61 Total unrestricted expenditure in the period was £900.48 The income was exclusively made up of voluntary donations. ## Structures andgovernance: GSA CIO obtained registered Charity Status (1189092) on 16 April 2020. It is managed by its trustees, under the terms of its constitution, and is a Public Benefit Entity. Mr Emmanuel Ayoola, Mr Akinloluwa Obembe, Mr Samuel Adedero and Mr Olawale Akinrogunde are trustees and they meet bi-monthly for trustee planning meetings to oversee the activities of the charity. Our prior head of executive operations, Mr Ryan Edwards unfortunately had to step back from his role due to poor health, and due to other working commitments, we were also sad to lose 2 of our volunteer team members who had supported in the leading of marketing and fundraising. ## Governing Principles: GSA trustees adhere to some important principles that govern who we partner with and how we decide to allocate our funding. These are outlined in the following statements: -GSA will not work independently or assume sole leadership for the indigenous churches, missionaries and projects we assist, rather we seek to work in partnership with local communities and leaders, empowering their own development and growth. -It is GSA’s theological conviction that the mission partners and churches we will support are fellowships of like-minded believers seeking to fulfil the Great Commission (Matthew 28:16-20). We do not intend to have any ecclesiastical authority over local congregations, but will only be willing to partner with those holding firm to an orthodox Christian statement of faith. -Our main concern in the selection and support of Christian mission partners and churches is that their godliness, doctrine and zeal aligns with GSA. GSA trustees will confer with leadership members of indigenous churches, prior to confirmation of our partnership and support with individuals or groups. -Our main concerns in the selection and support of particular projects and fundraising goals include the impact, maintenance and sustainability of the project. GSA will consider if the strategies proposed are the best ways to achieve the end goals, the extent to which many people are served, and how effectively it will support future sustainable development. -GSA will provide funding for individual projects, missions support or indigenous church assistance as necessary according to predetermined periods of time, costs, outcomes and objectives. Following this GSA will reevaluate its capacity to support. -Accountability is a priority in the support GSA provides. We will work in partnership with churches and organisations, requiring clear and regular feedback from our partners in the field. -GSA will work with community leaders, indigenous churches and their elders to determine the financial support required for each project we support. GSA trustees will consider guidance from community leaders, time and commitment requirements, and average incomes in individual countries. Financial Accounts ## Summary of Financial Activities ## For the year 2[nd] October 2022 – 1[st] October 2023 |**1.** Incoming
Individual donations online
Church donations
Grants and Trusts
**Total Income**
**2.** Outgoing
Bank charges
Charitable donations
Travel
Website and domain costs
Staff costs
**Total Expenditure**|**Total**
**(£)**
836.61
500.00
0| |---|---| ||**1,336.61**| ||**Total**
**(£)**
118.20
642.73
35.95
103.60
0| ||**900.48**| **----- Start of picture text -----**
Grace Sustains Africa 1189092
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## **Recei ts and a ments accounts p p y** ## **CC16a** **For the period** Period start date Period end date **To from** 2nd October 2022 1st October 2023 ## **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** |**A1 Receipts**||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Online Donations|||**1,337**||||**-**|||||**-**|||||**1,337**||||**1,988**|| |Offline Donations|||**-**||||**-**|||||**-**|||||**-**||||**-**|| |Interest|||**0**||||**-**|||||**-**|||||**0**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| |**_Sub total_**_(Gross income for AR)_|||**1,337**
||||**-**|||||**-**|||||**1,337**||||**1,988**|| |||||||||||||||||||||||| |**A2 Asset and investment sales,**||||||||||||||||||||||| |**(see table).**||||||||||||||||||||||| ||||**-**|||||**-**|||||**-**||||**-**|||||| ||||**-**|||||**-**|||||**-**||||**-**||||**-**|| ||**_Sub total_**||**-**|||||**-**|||||**-**||||**-**||||**-**|| |||||||||||||||||||||||| ||**_Total receipts_ **||**1,337**|||||**-**|||||**-**||||**1,337**||||**1,988**|| |**A3 Payments**
Advertising& Promotion
Bank Charges
**118**
Consultants Fees
Charitable ActivityCosts
**643**|**A3 Payments**
Advertising& Promotion
Bank Charges
**118**
Consultants Fees
Charitable ActivityCosts
**643**|**-**
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**-**
**-**|**-**
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Advertising& Promotion||**-**|**-**|**-**| |Bank Charges|**118**|**-**|**-**|**118**| |Consultants Fees||**-**|**-**|**-**| |Charitable ActivityCosts|**643**|**-**|**-**|**643**| 07/29/2024 1 |Entertainment|||**-**||**-**||**-**||| |---|---|---|---|---|---|---|---|---|---| |Website and Domain Costs|**104**||**-**||**-**||**104**||| |Office Costs|**-**||**-**||**-**||**-**||**-**| |Travel|**36**||**-**||**-**||**36**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**901**||**-**||**-**||**901**||**939**| |**A4 Asset and investment**|||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**purchases, (see table)**|||||||||||||||||||||| |||**-**|||||**-**|||||**-**||||**-**|||||| |||**-**|||||**-**|||||**-**||||**-**|||||| |**_Sub total_ **||**-**|||||**-**|||||**-**||||**-**||||**-**|| ||||||||||||||||||||||| |**_Total payments_ **||**901**|||||**-**|||||**-**||||**901**||||**939**|| ||||||||||||||||||||||| |**_Net of receipts/(payments)_ **||**436**||||**-**|||||**-**|||||**436**||||**1,049**|| |**A5 Transfers between funds**||**-**||||**-**|||||**-**|||||**-**||||**-**|| |**A6 Cash funds last year end**||**1,049**||||**-**|||||**-**|||||**1,049**||||**-**|| |**_Cash funds this year end_ **||**1,485**||||**-**|||||**-**|||||**1,485**||||**1,049**|| ## **Section B Statement of assets and liabilities at the end of the period** **Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds** Current Account **1,485 500 - - - - - -** _**Total cash funds**_ **1,485** (agree balances with receipts and payments account(s)) OK OK OK **Unrestricted Restricted Endowment funds funds funds** 07/29/2024 2 ## **B2 Other monetary assets** ## **B3 Investment assets** **B4 Assets retained for the charity’s own use** |**Details**|**to nearest £**
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Emmanuel Ayoola
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approval| ||Emmanuel Ayoola|07/28/2024| |||| 07/29/2024 4