## **ACTION GUINEA BISSAU**
Charity registration no. 1189956
## **FINANCIAL STATEMENTS**
**FOR THE 12 MONTH PERIOD 1 APRIL 2023 TO 31 MARCH 2024**
## **ACTION GUINEA BISSAU**
## **CHARITY INFORMATION**
|Trustees|Michelle Helena Ruas|(Appointed 26 May 2020)|
|---|---|---|
||Linda Jane Ruas|(Appointed 26 May 2020)|
||Matthew David Palmer|(Appointed 26 May 2020)|
|Incorporation date|CIO registration from 15 June 2020||
|Charity registration no.|1189956||
|Registered office|18 Borkwood Park||
||ORPINGTON, KENT||
||BR69LD||
||Recognised by HMRC for gift aid||
|Auditors|None||
|Charitable object|THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP IN GUINEA BISSAU BY PROVIDING OR
ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE PROJECTS AND ALL THE NECESSARY||
||SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE||
||SELF-SUFFICIENT.||
## **ACTION GUINEA BISSAU**
## **CONTENTS**
||**Page**|
|---|---|
|Trustee's report|1|
|Statement of financial activities|2|
|Balance Sheet|3|
|Notes to the financial statements|4|
Charity registration no. 1189956 **TRUSTEE'S REPORT FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024**
## **ACTION GUINEA BISSAU**
The trustees present their report and financial statements for the year ending 31 March 2024.
## Principal activities
## **The principal activity of the charity is providing grants for prevention or relief of poverty in Guinea-Bissau.**
Purposes of the charity as set out in its governing document: THE PREVENTION OR RELIEF OF POVERTY IN GUINEA-BISSAU BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.
**IN ADDITION, THIS CAN BE, BUT IS NOT LIMITED TO: The advancement of education, the advancement of health, the advancement of environmental protection /** improvement, developing educational programmes for schools. Summary of the main activities (photographic and short video evidence on our AGB website in the blogs and project gallery: https://www.actionguineabissau.org.uk/project-gallery): Main projects for this tax year have been the continuation of: building a new primary school in Nhacra; roof repairs for schools in Farim, Catio and Bubaque; scholarships for females to study at university, at secondary schools, at primary schools, and at a college that runs short vocational courses.
## Contribution made by volunteers:
**All our AGB projects (except construction eg. roof / school / well / toilet repair, where we pay local rates) are conducted by volunteers. The trustees are working voluntarily, as are the managers, Ali Djau and Bacar Djau in Bissau. Others in Guinea-Bissau have worked voluntarily with us eg. Mariza for menstruation project Summary of main achievements, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and society:** This last year we have again focussed on big construction works, repairing and building schools: in Nhacra, near Bissau; in Catio; in Farim; and in Bubaque. Due to several complications (the attempted coup / political instability, rising costs, and health issues of our managers), these project took a lot longer than anticipated. The Nhacra school (very generously funded by Armah Consultants) is now completed and running, so the local children no longer have to walk for hours to school or study in the makeshift teaching area under a tree. The other school repairs are almost complete and will provide much needed school facilities for local children in several areas.
We have continued to provide sponsorship money to enable women to study at university, and girls to continue studying at school. We have also helped girls study at short professional courses in Bissau, helping them get jobs after school. Other projects this year include continuing with the menstrual health products, working with the generous menstrual health products company SAALT. These period pants, which teenage girls in Bissau are now receiving regularly, have really helped girls continue to go to school while they have their period.
2 or 3 of the trustees Linda Ruas and Michelle Ruas visited Guinea Bissau in March / April 2024 to check on the construction projects and girls / women receiving scholarships, research further needs, and restructure the AGB project managers in Bissau. The trustees visited several schools, interacted with children and staff (eg. reading stories and singing songs), and participated in several events training English teachers. Photos and blogs are available on the AGB website.
## **Financial review**
At the end of March 2024, AGB was in a healthy financial position, with a total of £ 3,959 received in the year since April 2023, and £4,968 sent to Guinea-Bissau for projects, leaving a net outgoing of £1,008. Trustees withdraw and send money to our managers in Bissau as soon as projects are approved, to make use of the money as soon as possible. There are more fundraising events planned to bring in further income for the following year. Trustees agreed to keep £2000 (from June 2021) as reserve fund in a separate Savings Account, especially to ensure money is available in future years to continue the university scholarships for women.
No deficit.
## **Charity’s principal sources of funds:**
No specific fund-raising events during this past year, as work was delayed on our big projects. However, we have received monthly donations from supporters, and have planned some fund-raising events for later in 2024 (Sustainability raffle and sewing event – Linda Ruas & Sponsored half marathon – Michelle Ruas) as detailed on our webpage: https://www.actionguineabissau.org.uk/fundraisers We now have several regular donors (some of which are CAF work-based donations and show in our account as PayPal).
## **Structure, Governance and Management:**
## Governing document is a Constitution
The charity is a CIO – Charitable Incorporated Organisation
The original 3 trustees formed the charity in 2020. No further trustees selected so far.
## **Approved by the trustees on 27th January 2025 :**
Trustee : Linda Ruas Trustee: Michelle Ruas
Trustee: Matthew Palmer
## **ACTION GUINEA BISSAU**
Charity registration no. 1189956
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024**
**----- Start of picture text -----**
12 months ended
2024
(£)
Incoming resources
Donations received 3,959
Resources expended
Cost of generating funds 0
Charitable activities : 4,968
Education 4796.75
Construction 1362
Medical 128
Net (outgoing) / incoming resources 1,008
**----- End of picture text -----**
## **ACTION GUINEA BISSAU**
Charity registration no. 1189956
## **BALANCE SHEET AS AT 31 MARCH 2024**
|**Notes**
**ASSETS**
**TOTAL ASSETS**
**LIABILITIES**
**TOTAL LIABILITIES**
**NET ASSETS / (LIABILITIES)**
**TOTAL CHARITY FUNDS**
**CHARITY FUNDS**
Fixed assets
Cash at bank and in hand
Investments
Creditors amounts falling due within one year
Restricted income funds
Unrestricted income funds|**2024**
**(£)**
0
1,690
0
1,690
0
0|
|---|---|
||1,690|
||0
0|
||0|
## **ACTION GUINEA BISSAU**
## **NOTES TO THE ACCOUNTS**
## **FOR THE 12 MONTH PERIOD 1 APRIL 2023 TO 31 MARCH 2024**
## **1 Accounting policies**
All funds are paid into the bank account. To send money for projects in Guinea Bissau, Matthew Palmer and Linda Ruas withdraw the agreed funds to their own bank accounts, to transfer via Western Union or Ria.
## **Action Guinea Bissau Bank Transactions 1 APRIL 2023 TO 31 MARCH 2024**
|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**Date**
**Reference**
**In**
**Out**
**Balance**
**Total Expendit**
**Transaction Typ**|**ure**|
|---|---|---|---|---|---|---|---|
|5/31/2023|CAF2305251712|BACS Payment|£5.00||£2,680.19|||
|5/19/2023|AMAZON EURO|BACS Payment|£44.10||£2,675.19|||
|5/5/2023|Payment to Ali -|Card Transaction
||£171.00|£2,631.09|Construction||
|5/2/2023|JUSTGIVING 31|Inward Payment
|£4.75||£2,802.09|||
|5/2/2023|JUSTGIVING 31|Inward Payment
|£19.42||£2,797.34|||
|5/2/2023|EDYTA GURGU|Inward Payment|£75.00||£2,777.92|||
|6/29/2023|CAF2306263938|BACS Payment|£5.00||£3,469.19|||
|6/27/2023|MS L J RUAS L|Inward Payment
S|£1,000.00||£3,464.19|||
|6/27/2023|CAFGYE110007|BACS Payment|£450.00||£2,464.19|||
|6/15/2023|2nd university pa|Card Transaction
||£716.00|£2,014.19|Education||
|6/1/2023|EDYTA GURGU|Inward Payment|£50.00||£2,730.19|||
|7/28/2023|CAF2307254946|BACS Payment|£5.00||£3,141.96|||
|7/25/2023|JUSTGIVING 33|Inward Payment
|£1.42||£3,136.96|||
|7/18/2023|JUSTGIVING 33|Inward Payment
|£16.96||£3,135.54|||
|7/17/2023|JUSTGIVING 32|Inward Payment
|£74.39||£3,118.58|||
|7/14/2023|Ms Linda J Ruas|Outward Faster Payment
||£475.00|£3,044.19|Construction||
|7/3/2023|EDYTA GURGU|Inward Payment|£50.00||£3,519.19|||
|8/31/2023|CAF2308251430|BACS Payment|£5.00||£3,143.96|||
|8/25/2023|Ms Linda J Ruas|Outward Faster Payment
||£503.00|£3,138.96|Education||
|8/25/2023|CAFGYE110007|BACS Payment|£450.00||£3,641.96|||
|8/1/2023|EDYTA GURGU|Inward Payment|£50.00||£3,191.96|||
|9/28/2023|CAF2309253067|BACS Payment|£5.00||£3,428.95|||
|9/27/2023|CAFGYE110007|BACS Payment|£225.00||£3,423.95|||
|9/19/2023|JUSTGIVING 34|Inward Payment
|£4.99||£3,198.95|||
|9/1/2023|EDYTA GURGU|Inward Payment|£50.00||£3,193.96|||
|30/10/2023|JUSTGIVING 34|Inward Payment
|£33.93||£2,519.80|||
|30/10/2023|CAF2310251686|BACS Payment|£5.00||£2,485.87|||
|25/10/2023|JUSTGIVING 34|Inward Payment
|£3.56||£2,480.87|||
|18/10/2023|JUSTGIVING 34|Inward Payment
|£4.75||£2,477.31|||
|13/10/2023|Ms Linda J Ruas|Outward Faster Payment
||£400.75|£2,472.56|Education||
|13/10/2023|Payments to Bac|Card Transaction
||£475.00|£2,873.31|Education||
|10/6/2023|Ms Linda J Ruas|Outward Faster Payment
||£188.00|£3,348.31|Education||
|10/3/2023|JUSTGIVING 34|Inward Payment
|£7.35||£3,536.31|||
|10/2/2023|JUSTGIVING 33|Inward Payment
|£50.01||£3,528.96|||
|10/2/2023|EDYTA GURGU|Inward Payment|£50.00||£3,478.95|||
|30/11/2023|CAF2311273677|BACS Payment|£5.00||£2,168.80|||
|28/11/2023|Ms Linda J Ruas|Outward Faster Payment
||£822.00|£2,163.80|Education||
|27/11/2023|CAFGYE110007|BACS Payment|£450.00||£2,985.80|||
|11/3/2023|MR M PALMER|Inward Payment|£34.00||£2,535.80|||
|11/3/2023|Ms Linda J Ruas|Outward Faster Payment
||£68.00|£2,501.80|Education||
|11/1/2023|EDYTA GURGU|Inward Payment|£50.00||£2,569.80|||
|14/12/2023|Paid to Bacar to|Card Transaction
||£128.00|£2,090.80|Medical||
|12/1/2023|EDYTA GURGU|Inward Payment|£50.00||£2,218.80|||
|1/30/2024|CAF2401251563|BACS Payment|£5.00||£2,146.50|||
|1/29/2024|JUSTGIVING 36|Inward Payment
|£4.70||£2,141.50|||
|1/25/2024|CAFGYE110007|BACS Payment|£450.00||£2,136.80|||
|1/9/2024|Paid to Bacar, gi|Card Transaction||£459.00|£1,686.80|Education||
|1/2/2024|EDYTA GURGU|Inward Payment|£50.00||£2,145.80|||
|1/2/2024|CAF2312278027|BACS Payment|£5.00||£2,095.80|||
|2/29/2024|CAF2402264480|BACS Payment|£5.00||£1,639.50|||
|2/21/2024|Ms Linda J Ruas|Outward Faster Payment
||£562.00|£1,634.50|Education||
|2/1/2024|EDYTA GURGU|Inward Payment|£50.00||£2,196.50|||
|3/28/2024|CAF2403255751|BACS Payment|£5.00||£1,694.50|||
|3/1/2024|EDYTA GURGU|Inward Payment|£50.00||£1,689.50|||
|||**SUM**|**£3,959.33**|**£4,967.75**||||