Fourah Bay College Alumni Association, United Kingdom (FBC AA UK) Trustees Report For Year Ending 31[st ] March 2022
Charity Report of the trustees for the year ending 31[st ] March 2022.
The Trustees of Fourah Bay College Alumni Association, United Kingdom (FBC AA UK) present their accounts for the year ended 31[st ] March 2022 and confirm they comply with the requirements of the Charities Act 2011, the trust deed and the Charities SORP (FRS 102).
Brief History of Fourah Bay College
Since the founding of the University of Timbuktu in the Malian empire in the late 16th and early 17th century, the founding of Fourah Bay College in 1827 was the
fulcrum of Freetown, Sierra Leone’s description as the ‘Athens of West Africa/Africa’ and it was the next
significant development of this type in the region in the 19th century. The UNESCO’s website states that Fourah Bay College is the first institution of higher learning in the region since the collapse of the University of Timbuktu.
Our Structure
Fourah Bay College Alumni Association, United Kingdom (FBC AA UK) was launched in November 2017 at the House of Commons, Westminster, London SW1A 0AA under the sponsorship and auspices of the
Right Honourable James Cleverly MP for Braintree, currently the UK’s Foreign Secretary and who was at that time the UK Minister of State for the Middle East and North Africa and a former CoChairman of the Conservative Party. FBC AA UK became a registered UK Charity on the 15th June 2020. As a Charity, we aim to advance the equality of education to all students at FBC (USL), by providing aid in various ways which is clearly set
out in our charity objects clause and governance document. As a result of its registration, the charity is managed by a Board of Trustees. The Board meets regularly to plan and implement fund raising programmes and activities, discuss activities for implementation to meet our strategic goals and monitor the outcomes and progress of programmes and activities.
Our enlarged Executive and Establishment comprises of six committees for the delivery of strategic aims and objectives.
These committees are:
⮚ Constitution and Governance ⮚ Finance and Bid-Writing ⮚ Communications and Public Relations
⮚ External Relations - including a UK scope and Global Alumni ⮚ External Relations in Sierra Leone - will include a focus of building relationships in Sierra Leone.
⮚ Secretariat comprising an Executive Secretary, Admin Secretary and Organising Secretary –responsible for the organisation’s admin, support with strategy and events planning.
Our stakeholders comprise of The Executive Administration (The University Senate); Lecturers and Tutors, The Student Body and global and Sierra Leone based alumni.
Risk management
The Trustees have in place a system of control for the authorisation, payment and monitoring of programmes and activities.
Our Vision
To facilitate the advancement of education at Fourah Bay College as a beacon of tertiary learning while supporting the student population, executive administration, lecturers and faculties through relationship building with global alumni and all stakeholders.
Our Objective
To advance the education of all students at Fourah Bay College, University of Sierra Leone in Freetown in Sierra Leone, by providing assistance in various ways on the basis of equality of opportunity, with mutual respect and positive encouragement in order to develop their full potential and contribute to their academic, professional and personal development and the community as a whole.
To relieve students of poverty and financial hardship by providing financial support in the form of assistance packages and scholarships where necessary.
To improve the quality of education at Fourah Bay College by providing teaching and learning resources and a safe teaching and learning environment for students in Sierra Leone.
General Summary
We continue to develop the structure of the Association, reviewing our strategic plan and ensuring that it meets the needs of the students at Fourah Bay College. This plan will continue to give a clear direction for the future and increase our activities and programmes.
Review of activities and achievements
During the financial year under review, the Charity raised total incoming resources of £2,413.94. We incurred expenses of £3,071.60. We spent £1,110 to purchase an iPad and construct shelves to store and display current and historical papers for preservation and accessibility.
Ongoing project
We continue to make significant progress with our ongoing Library Project. Following the donation of nearly 700 books to the library last year, the ‘Library Project team’ embarked on Archiving of the Sierra Leone collection of Newspapers which houses materials of archival value.
A zoom fundraising campaign was initiated and led that raised in excess of £1,000 for our Library Project. Using the funds generated,
a. An iPad Tablet was donated to the library to capture the information on the
Newspapers (as an e-version) using an installed pdf scanner which could be downloaded for free.
b. Shelves were constructed to store and display current and historical papers for preservation and accessibility.
Our medium-term plans now include Online resources for the library, Transportation for the Students and a Bus Queue Shelter each hoping to drive its own benefit.
Thank you to our donors and members
FBC AA UK relies heavily on funding from donors, members and fundraising activities. We wish to thank all our donors and the entire membership of the organisation for their generous donations and subscription respectfully. Our membership currently stands at over 50 and continues to grow from strength to strength.
Charity Trustees
▪ Mr Magnus Nathaniel Cole Chairman ▪ Ms Fatumata Gassama Executive Secretary ▪ Mr Bamikole Roberts Treasurer and Bid-Writing Lead ▪ Ms Madonna Sandra Coward Organising Secretary ▪ Mr Rowland Gordon ▪ Mr Mohammed Sadiku Dabo
Contact Details
Address:
Flat 16 Sarnesfield House Pencraig Way London SE15 1ND Phone: 07754105594
Email: fbcukaa@gmail.com
Charity Registration Number: 1189939
Bankers: Cooperative Bank
Trustee: Bamikole Roberts
Date: 20[th] February 2023
Fourah Bay College Alumni Association (UK) Financial Statement
For Period 1st April 2021 to 31st March 2022
| 2021-22 Incoming Resources Subscription 1,030 Engineers for Change Misc. Credit 249 Library Fundraising Event 1,135 Total Income Resources Resources Expended Direct Expenses Presentation in Freetown 212.00 AYV International 200.00 Symposium (Library Project) 873.60 Library Shelves (Buffy) 1,100.00 Shipment of Books to Sierra Leone Printing of Bus Cards and Presentation Booklets 480.00 Total Direct Expenses Admin & Management Expenses Monthly Mobile Phone Charges (Bami) 146.00 Printing and Stationery (Sydney Williams) 60.00 Total Admin & Management Expenses Total Expenses Excess Income / Expenses Opening Balance Closing Fund Balance Balance Sheet as at 31st March 2019 Fixed Assets Net Book Value Current Assets Bank - Current Account 1,742.93 Current Liabilities 0.00 Total Assets Represented by: General Fund Balance |
2021-22 2020-21 1140 1610.59 2,413.94 350.00 2,865.60 206.00 3,071.60 -657.66 2,400.59 1,742.93 0.00 2400.59 0.00 1,742.93 1,742.93 |
2020-21 | 2020-21 |
|---|---|---|---|
| 2,750.59 | |||
| 350.00 0.00 |
|||
| 350.00 | |||
| 2,400.59 0.00 |
|||
| 2,400.59 | |||
| 0.00 | |||
| 2400.59 | |||
| 2400.59 |