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2021-04-05-accounts

Afghan Sports Trust (AST) Annual Report 20[th] March 2020 to 05[th] April 2021 Registered Charity Number: 1189138

Annual Report Supporting Notes

1. Objectives & Activities

1.1 Our Mission Statement

The Afghan Sports Trust provides grants for grassroots sports organisations and sports clubs in Afghanistan.

“Sports is a cost-effective and powerful tool for promoting important human values such as respect for rules and for others, teamwork, discipline, diversity, hospitality and empathy.” – UN Sustainable Development goal 3

People will often think of Afghanistan as a place of instability, conflict, or poverty. But it is also a country with a long history, great beauty, and incredible generosity. Too often we only hear one side of the story, and it’s important to try to locate and create positive stories, a sense of pride, and a way for people to enjoy themselves together. Sport can provide all those things.

1.2 Summary of Activities

During its first year of operations, the Afghan Sports Trust became recognised as reliable cooperation partner for sports related organisations, movement and clubs in Afghanistan.

We are pleased to have been able to provide support to a number of grassroots sports projects. During the financial year we have distributed grants to the following recipients:

1 Afghan Sports Trust (AST) – Annual Report 20[th] March 2020 – 5[th] April 2021

1.3 Regard to public benefit

Sports activities generate individual benefit with regards to physical and mental health and provide for societal change. The distribution small-scale grants to grassroot sports movements and clubs build the foundation for greater access to sports for the general public, and more specifically vulnerable groups such as women and youth.

2. Achievements and Performance

The Afghan Sports Trust established itself as a reliable organisational structure to which sports movements, organisations and clubs tend for support and served as platform for information sharing and networking. During the reporting period, the organisation was in touch with more than a dozen sports organisations and clubs of which eight applied for support. Six applications were approved and funded.

The organisation receiving funding from the Afghan Sports Trust representing a diverse range of sports activities, including winter and summer sports. Activities are not planned only in the capital Kabul, but in several provinces in the country, assuring a decentralised approach for greater impact.

The majority of the grant disbursement was implemented in the last two months of the reporting year. Recognizable differences and impacts will be visible in the course of the upcoming months and year, depending on the agreed implementation period with the respective sports organisation and shall be displayed in future reports,

Disclaimer: Writing this report in February 2022, it can be already acknowledged that in August 2021, the Taliban became the ruling power in Afghanistan which resulted in massive changes for the organisations and individual to operate and perform, including recipients and final beneficiaries of the Afghan Sports Trust work. The effects of the Taliban regime on our work will be outlined in more detail in the report covering the period from April 2021 – April 2022.

3. Financial Review

3.1 Income

2 Afghan Sports Trust (AST) – Annual Report 20[th] March 2020 – 5[th] April 2021

We have received income of £17,421 of which £7,622 was unrestricted and £9,799 was restricted. The restricted funds were all restricted for use on the Marathon of Afghanistan event in 2020.

Income during the year was received primarily from:

3.2 Expenditure

The main expenditure for the year was from the Restricted fund which was issued to the Marathon of Afghanistan of £11,062. This was to fund the hosting of the race and administration costs. Due to ongoing difficulties in distributing funds safely and efficiently into Afghanistan, the funds were distributed via Untamed Borders Ltd. Untamed Borders have a close connection to the race organisers and were able to take the funds for appropriate disbursement in line with our terms. The transfer to Untamed Borders was agreed under a signed Fiscal Sponsorship Agreement.

In addition to MoA funds, we distributed grants to the following recipients:

3.3 Year End Balance

The balances at the end of the reporting period are £2,507 unrestricted and £515 restricted. The unrestricted amount has continued to be used to fund grassroot projects whilst the restricted fund amounts will be distributed to the Marathon of Afghanistan for their next event. This event has yet to be held due to ongoing developments in Afghanistan currently.

3.4 Transfer between restricted and unrestricted funds

A transfer of £2,100 was made from the unrestricted fund to the restricted fund. This was due to an accounting error when reconciling the bank account which was later rectified.

3.5 Additional items

The charity incurred a small amount of expense in our attempts to distribute money internationally from UK to Afghanistan. This was due to money which was returned by the banking system and fees charged. Whilst we acknowledge that there is likely to be ongoing difficulties in distributing money to Afghanistan, to mitigate the risk of future instances

3 Afghan Sports Trust (AST) – Annual Report 20[th] March 2020 – 5[th] April 2021

we plan to distribute funds through Payments Transfer companies (an account with Western Union has been set up) and through trusted cash couriers or other charities.

4. Structure, Governance and Management

4.1 Type of Governing Document: CIO - FOUNDATION Registered 20 Apr 2020

4.2 How the charity is constituted: Charity Incorporated Organisation

4.3 Trustee selection methods

Every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees

5. Reference and Administrative details

Charity name Afghan Sports Trust (AST) Registered charity 1189138 number Charity’s principal 5a Pipers Avenue address HARPENDEN AL5 1HB Website www.afghansportstrust.org

6. Charity Details

Name Position Notes James Bingham Chairman Juliane Weymann Trustee Keith MacIntosh Trustee Ian O’Toole Treasurer Zeinab Rezaie Appointed 11 October 2021 James Willcox Trustee Trustee was in position during this financial year but has since resigned

4 Afghan Sports Trust (AST) – Annual Report 20[th] March 2020 – 5[th] April 2021

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Name: Ian O’Toole Position: Treasurer Date: 04 February 2022

5 Afghan Sports Trust (AST) – Annual Report 20[th] March 2020 – 5[th] April 2021

Afghan Sports Trust Statement of Financial Activities (Income & Expense) April 20, 2020 to April 5, 2021

Income
Income and Endowments
Total Income
Expenses
Expenditure
Total Expenses
Net Resource Movement
Transfers Between Funds
Net Movement in Funds
Total Funds Brought Forward
Total Funds Carried Forward		 Unrestricted
7,621.98		 Restricted
9,798.79		 Endowment Total
17,420.77
7,621.98
3,014.75		 9,798.79
11,383.15		 0.00 17,420.77
14,397.90
3,014.75 11,383.15 0.00 14,397.90
4,607.23
-2,100.00		 -1,584.36
2,100.00		 0.00
0.00		 3,022.87
0.00
2,507.23 515.64 0.00 3,022.87
0.00 0.00 0.00 0.00
2,507.23 515.64 0.00 3,022.87

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24/1/2022

Afghan Sports Trust Charity Commission Registration Number 1189138 Balance Sheet - Detail

As at July 31, 2021

Current Assets
Cash At Bank And In Hand
Net Assets
Funds & Reserves
Accumulated Funds (1/1/1970 - 31/7/2021)		 11,144
11,144
11,144

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