2024-07-31-accounts

CHARITY REGISTRATION NUMBER:119006

AGAPE SELF SUFFICIENCY Unaudited Financial Statements 31 July 2024

KAJ ASSOCIATES

Chartered accountants 9 Mcgredy Waltham Cross London EN7 6JZ

1

AGAPE SELF SUFFICIENCY

Trustees' Annual Report Year ended 31 July 2024

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 July 2024

Reference and administrative details

Registered charity name	AGAPE SELF SUFFICIENCY 1190006
Charity registration number	8 Price Close
Principal office	Bicester
	OX26 4JH
	England
The trustees
	Emmanuel Oguntade
	Uncle Gwe Mbuamuh
	Dr Carolyne Ndofor-Tah
Independent examiner	KAJ Associates
	9 Mcgredy
	Waltham Cross
	London
	EN7 6JZ

1

AGAPE SELF SUFFICIENCY

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 20 July 2018, and registered as a charity on 18 June 2020. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Recruitment and Appointment of Management Committee

The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association, members can appoint any person who is willing to act as a director and determine the rotation in which any additional directors are to retire. No person other than a director retiring by rotation may be appointed a director at any general meeting unless he or she is recommended for re-election by the directors, or not less than fourteen nor more than thirtyfive clear days before the date of the meeting, the charity is given notice that: is signed by a member entitled to vote at the meeting; states the member’s intention to propose the appointment of a person as director.

The Management Committee seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. The management committee is made up strategic advisers in both UK and Cameroon and talented volunteers in Cameroon (medical doctors, social workers, teachers, lawyers and builders). The main purpose of the management committee is to ensure all resources are maximized to improve the lives of victims of war and orphans in Cameroon.

In an effort to maintain this broad skill mix, members of the Management Committee are requested to provide a list of their skills (and update it each year) and in the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Management Committee.

Trustee Induction and Training

New trustees are invited and encouraged to attend a series of short training sessions (of no more than an hour) to familiarise themselves with the charity and the context within which it operates. These are jointly led by the Chair of the Management Committee and the Project Coordinator of the charity and cover:

• The obligations of Management Committee members.

• The main documents which set out the operational framework for the charity including the Memorandum and Articles.

• Resourcing and the current financial position as set out in the latest published accounts.

• • Future plans and objectives.

Risk Management

The Trustees constantly conduct a review of the major areas of risks to which the charity is exposed. A risk register is established and updated on annual basis.

Systems or procedures are established where appropriate to mitigate the risks the charity faces.

External risks to funding have led to the development of a strategic plan which allow for the diversification of funding and activities.

Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects.

The trustees are satisfied that the risks have been adequately addressed and recognises the process as ongoing.

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AGAPE SELF SUFFICIENCY

Organisational Structure

The organisation has a Management Committee made up 3 members who meet quarterly and are responsible for the strategic direction and policy of the charity. At present, the committee consult with 9 members from a variety of professional backgrounds relevant to the work of the charity.

The day to day running of the project is managed by the Project Coordinator on the ground. Local volunteers are recruited to support the running of the project.

Related Parties

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

Objectives and activities

The main objectives and activities for the year are to continue to prevent or relief poverty or financial hardship specifically but not excluded in Cameroon and Nigeria by assisting in the provision of education n, training, and healthcare projects for vulnerable children and victims of war.

The strategies employed to assist the charity in meeting these objectives included the following.

• Providing opportunities for orphans and disadvantaged children by helping them to achieve their aspirations.

• Reaching out to orphans and vulnerable children who have been deprived from schooling for the past four years due to war.

• Working with credible organizations and individuals on the ground to address the children's needs in a practical and professional way without discrimination.

• Support displaced and extremely poor individuals to generate sustainable income through farming and rearing animals.

Public Benefit

The trustees have had due regard to guidance published by the Charity Commission on public benefit and consider that the charity complies with the requirements. When planning our activities for the year, the board of trustees have considered the commission’s guidance on public benefit. Our objectives are designed to help some of the world’s poorest displaced and homeless people gain access to basic education, food, books and tools connected to educational training requirements.

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AGAPE SELF SUFFICIENCY

ACHIEVEMENTS AND PERFORMANCE

For the past seven years, the Northwest and Southwest regions of Cameroon have faced severe hardship due to an ongoing socio-political crisis. What began in 2016 as protests by teachers and lawyers against the discrimination of the Anglophone minority has escalated, leading to significant consequences. By August 2023, 598,000 people had been displaced, and over 2 - - million required humanitarian aid https://www.hrw.org/world report/2023/country chapters/cameroon. The crisis has left hundreds of children orphaned, malnourished, and homeless, many of whom suffer emotional trauma. Education has been heavily impacted, with kidnappings and school burnings making it difficult for parents to send their children to school.

In response, Agape Self Sufficiency volunteers initiated a summer school program in the West Region of Cameroon to support the most vulnerable children, including orphans and those from disadvantaged families. The program, hosted at College de Mbouo Bandjoun from July 16 to 30, 2024, provided education and care to 51 children with the help of eight staff members. The objective of the summer school program in Cameroon was to prepare orphans and vulnerable children, who due to poverty have been out of school, for the 2024/2025 academic year in addition to providing a safe space for trauma healing.

Key Activities:

• Counselling and Trauma Healing

• English and Math Lessons

• Music and ICT Training

• Extracurricular Activities

Selected summer school children are orphans or have been abandoned by their parents, leaving them to fend for themselves or rely on elderly relatives who are unable to provide proper care. Without stable parental guidance, these children are left vulnerable, unsupported, and disconnected from basic needs like education and emotional support. A common thread across their stories is the disruption of education. Many of these children have never been to school, have dropped out, or are unable to attend due to financial constraints, displacement, or the crisis itself. Without access to education, they are being denied the opportunity to build a better future for themselves. Several children are suffering from depression, grief, and emotional trauma due to the loss of family members, the instability of their environment, and the harsh conditions of their daily lives. Without intervention, these emotional wounds can have long-term effects on their development and ability to function in society.

Counselling and Trauma Healing sessions

During the first three days, the project coordinator guided the children through sessions focused on self-discovery and self-acceptance. The children shared their backgrounds, identified their fears, and wrote down their dreams. Storytelling played a powerful role, allowing them to express feelings of neglect and share personal struggles. Many wept as they recounted the impact of the crisis, the loss of loved ones, and experiences of hardship.

Despite these painful stories, the sessions ended on a positive note, with the children writing down visions for their future and affirming that their past would not dictate their decisions moving forward.

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AGAPE SELF SUFFICIENCY

English and Math Lessons

A pre-test, consisting of oral and written assessments, was conducted to gauge the children's knowledge, and understanding. The English syllabus covered sound and word building, nouns, reading comprehension, and essay writing. By the end of the two weeks, children who initially struggled with spelling, reading, and writing were able to construct basic sentences. For example, Bless and Marie, who had never been to school, learned to speak basic English. Bless, who initially spoke only in his dialect, was able to communicate in English after a few lessons. Secondary school students, with the help of the language classes, even wrote closing speeches about their summer school experience.

The math syllabus included algebra, Roman numerals, equations, and basic arithmetic (addition, multiplication, and subtraction). By the end of the summer school children who had not attended school for 2-4 years were able to solve basic secondary school problems like simplification and variables.

ICT Lessons

Agape Self-Sufficiency raised funds that allowed us to purchase six laptops which are now being used to train vulnerable children in essential computer skills. The summer school children participated in computer learning sessions, where they were introduced to the parts of a computer, how to turn it on, and the pros and cons of social media. Many, who had never used a computer before, learned how to create folders, work with Microsoft software, and insert tables in MS Word. The children showed great interest in developing their information and communication technology skills.

Music Lessons

The music teacher provided lessons on basic music theory, solfa notation, rhythms, and simple melodies. The children learned to sing in harmony and play instruments like the drum, keyboard, and guitar. Music also served as a therapeutic outlet, helping the children heal emotionally.

Extracurricular activities

The program also included extracurricular activities such as football, handball, skipping rope, and dodgeball, which facilitated trauma healing. Talent shows during sociocultural evenings allowed the children to showcase their skills in dancing, singing, drama, and storytelling. Agape Self Sufficiency Charity also celebrated birthdays for those whose special day occurred during the summer school, bringing joy to children who had never experienced such attention before.

Healthcare

Medical care was provided to children in need during the summer program. Bless, a sickle cell patient with a mentally ill mother, received hospital treatment for the first time. Other children, like Merville, who had eye issues, and Miracle, who suffered from long-term stomach problems, also received medical attention. Miracle would have probably gone blind if not for the timely intervention of Agape Self Sufficiency during the summer school ASSUF covered all medical expenses and continues to monitor their health. Terry and Rollings, both suffering from skin diseases, were treated as well, with Terry undergoing X-rays and scans for a leg wound infection. ASSUF continues to provide follow-up medical care for these children.

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AGAPE SELF SUFFICIENCY

The kitchen department

The kitchen department played a crucial role, consistently serving meals on time and preparing common, nourishing dishes. Food was provided three times a day, which was a rare opportunity for many of the children, as they often struggle to have even one good meal where they come from. By the end of the summer school, many children expressed reluctance to leave, with several saying, "I don’t want to go back because here we eat well." The warm and comforting environment left a lasting impression on them.

The summer school program, costing around £100 per child, covered transportation, boarding, teachers' fees, trauma healing, and meals. The children showed significant improvement in skills, emotional healing, and motivation to return to school, with positive feedback from guardians. To increase our impact, we aim to scale up the program and are currently seeking funding to make it an annual initiative, reaching more vulnerable children on our waiting list.

The summer school program was a great success, helping traumatized children gain confidence, express themselves, and renew their desire to return to school. Over the 14 days, the children formed close bonds, learned to live in unity, take responsibility, and develop positive behaviours. Many shared how they had never experienced such love or friendships, and some didn’t want to return home due to the care and support they received. One child expressed, “I wish we could have this program every year because now I know my purpose,” while others longed for their family life to resemble the friendships formed during the program. With tears Glory noted “I wish my family is like my new friends in the summer school”. See below for more feedback.

FINANCIAL REVIEW

Despite facing challenges such as limited resources and uncertainties around funding, the charity has managed to overcome these obstacles through effective financial management and the continued support of donors. As a result, it achieved a positive financial outcome for the period, with a net increase in funds of £10,353. A portion of these funds will be allocated to upcoming educational projects.

Principal Funding Sources

The charity's primary sources of funding currently come from donations made by individuals and organisations. However, the rising cost of living and high interest rates have been impacting on the amount of funding raised. In response, the charity plans to expand its efforts by seeking funding from a wider range of agencies.

Investment Policy

Aside from retaining a prudent amount in reserves each year most of the charity's funds are to be spent in the short term so there are few funds for long term investment.

Reserves Policy

The Management Committee has examined the charity's requirements for reserves in light of the main risks to the organization. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure.

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AGAPE SELF SUFFICIENCY

PLANS FOR FUTURE PERIODS

The charity supports vulnerable children who have lost parents, been abandoned, or come from poor single-parent homes. This year, Agape recruited 11 volunteers to reach remote villages heavily impacted by war, where many children are abandoned. Volunteers identified 220 children, but we only had funds to support 160. With more children on our waiting list, we’re exploring ways to raise additional funds. Our goal is to help these children attend school or pursue careers to achieve financial independence.

TRUSTEES' RESPONSIBILITIES STATEMENT

The trustees (who are also the directors of AGAPE SELF SUFFICIENCY for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the accounts in accordance with applicable law and regulations.

Company law requires the trustees to prepare accounts for each financial year. Under that law the trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.

In preparing these accounts, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and accounting estimates that are reasonable and prudent; and

• prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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AGAPE SELF SUFFICIENCY

The trustees' annual report was approved on 20/01/2025 and signed on behalf of the board of

trustees by:

Trustee Charity Secretary

Dr Carolyne Ndofor-Tah

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AGAPE SELF SUFFICIENCY

Independent Examiner's Report to the Trustees of AGAPE SELF SUFFICIENCY Year ended 31 July 2024

I report to the trustees on my examination of the financial statements of AGAPE SELF SUFFICIENCY ('the charity') for the year ended 31 July 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

KAJ Associates Independent Examiner

9 Mcgredy Waltham Cross London EN7 6JZ

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Statement of Financial Activities Year ended 30 July 2024

			2024		2023
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	31,039	2,000	33,039	35,310
		----------------------------	----------------------------	----------------------------	----------------------------
Total income		31,039	2,000	33,039	35,310
		============================	============================	============================	============================
Expenditure
Expenditure on charitable activities	6	20,686	2,000	22,686	35,810
		----------------------------	----------------------------	----------------------------	----------------------------
Total expenditure		20,686	2,000	22,686	35,810
		============================	============================	============================	============================
		----------------------------	----------------------------	----------------------------	----------------------------
Net income and net movement in	funds	8,353	2,000	10,353	(500)
		============================	============================	============================	============================
Reconciliation of funds
Total funds brought forward		1,245	22,000	23,245	23,745
		----------------------------	----------------------------	----------------------------	----------------------------
Total funds carried forward		9,598	24,000	33,598	23,245
		============================	============================	============================	============================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Statement of Financial Position
		2024	2023
	Note	£	£
Fixed assets
Tangible fixed assets	4	22,000	22,000
Current assets
Cash at bank and in hand		12,598	1,745
Creditors: amounts falling due within one year	8	(1,000)	(500)
		----------------------------	----------------------------
Net current assets		11,598	1,245
		----------------------------	----------------------------
Total assets less current liabilities		33,598	23,245
		----------------------------	----------------------------
Net assets		33,598	23,245
		============================	============================
Funds of the charity
Restricted funds		22,000	22,000
Unrestricted funds		11,598	1,245
		----------------------------	----------------------------
Total charity funds	11	33,598	23,245
		============================	============================

These financial statements were approved by the board of trustees and authorised for issue on 31 July 2024, and are signed on behalf of the board by:

Dr Carolyne Ndofor-Tah Trustee

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Statement of Cash Flows

Statement of Cash Flows
	2024	2023
	£	£
Cash flows from operating activities
Net income	10,353	(1,937)
Restricted income received for purchase of Land	–	22,000
Adjustments for:
Increase in creditors	500	500
	----------------------------	----------------------------
Cash generated from operations	10,853	20,563
	----------------------------	----------------------------
Net cash from operating activities	10,853	20,563
	============================	============================
Cash flows from investing activities
Purchase of tangible assets	–	(22,000)
	----------------------------	----------------------------
Net cash used in investing activities	10,853	(1,437)
	============================	============================
Net increase in cash and cash equivalents	10,853	(1,437)
Cash and cash equivalents at beginning of year	1,745	3,183
	----------------------------	----------------------------
Cash and cash equivalents at end of year	12,598	1,745
	============================	============================

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 21, BLAKE CLOSE, RAINHAM, ESSEX, RM13 8BE, UNITED KINGDOM.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of accounting

Accounting policies Basis of preparation

The financial statements have been prepared on a historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

Fund accounting

-Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

-Designated funds are unrestricted funds earmarked by the Management Committee for purposes.

-Restricted funds are subjected to restrictions on their expenditure imposed by the donor or

through the terms of an appeal.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income, and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

• Voluntary income is received by way of grants, donations and gifts and is included in full

in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

• Donated services and facilities are included at the value to the charity where this can be

quantified. The value of services provided by volunteers has not been included in these accounts.

• Investment income is included when receivable.

• Incoming resources from charitable trading activity are accounted for when earned.

• Incoming resources from grants, were related to performance and specific deliverables,

are accounted for as the charity earns the right to consideration by its performance.

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

• Costs of generating funds comprise the costs associated with attracting voluntary income

and the costs of trading for fundraising purposes.

• Charitable expenditure comprises those costs incurred by the charity in the delivery of its

activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

• Governance costs include those costs associated with meeting the constitutional and

statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

• All costs are allocated between the expenditure categories of the SOFA on a basis

designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capita or estimated usage as set out in the notes to the accounts.

4. Tangible assets

Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Land is recorded at costs as per the statement of financial position.

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

5. DONATIONS AND LEGACIES

ONATIONS AND LEGACIES
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations: Others	31,039	2,000	33,039
	-------------------------------------	-------------------------------------	-------------------------------------
	31,039	2,000	33,039
	=====================================	=====================================	=====================================
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Donations: Agricultural projects		5,000	5,000
Donations: Accommodation		12,000	12,000
Donations: Technical training		5,000	5,000
Donations: Others	13,310		13,310
	-------------------------------------	-------------------------------------	-------------------------------------
	13,310	22,000	35,310
	=====================================	=====================================	=====================================

6. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE

			Total
	Unrestricte	Restricted	Funds	Total Funds
	d Funds	Funds	2024	2023
	£	£	£	£
Charitable Activities	20,686	2,000	22,686	35,810
	-------------------------------------	-------------------------------------	-------------------------------------	-------------------------------------
	20,686	2,000	22,686	35,810
	=====================================	=====================================	=====================================	=====================================

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE

			Total
	Unrestricte	Restricted	Funds	Total Funds
	d Funds	Funds	2024	2023
	£	£	£	£
Education & accommodation	15,121	–	15,121	25,994
Agricultural projects	–	2,000	2,000	8,023
Outreach work	1,494	–	1,494	–
Computer: Laptops	1,250	–	1,250	–
Food	987	–	987	–
Internet	704	–	704	–
Accountancy	500	–	500	650
Counselling of volunteers	542	–	542	–
Telephone and fax	88	–	88	–
Shipping overseas	–	–	–	1,143
	-------------------------------------	-------------------------------------	-------------------------------------	-------------------------------------
	20,686	2,000	22,686	35,810
	=====================================	=====================================	=====================================	=====================================

7. INDEPENDENT EXAMINATION FEES

NDEPENDENT EXAMINATION FEES
		Total
	Unrestricte	Funds	Total Funds
	d Funds	2024	2023
	£	£	£
Fees payable to independent examiner for:
Independent examination of financial
statements	500	500	500
	-------------------------------	-------------------------------	-------------------------------
	500	500	500
	===============================	===============================	===============================

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

8. CREDITORS: Amounts falling due within one year

	2024	2023
	£	£
Other creditors and accruals	1,000	500
	-------------------------------	-------------------------------
	1,000	500
	===============================	===============================

9. RESTRICTED INCOME FUNDS

	Balance
	at
	1 Aug 202	Incoming	Outgoing	Balance at
	3	resources	resources	31 Jul 2024
	£	£	£	£
Donations: Agricultural
projects	5,000	2,000	2,000	5,000
Donations: Accommodation	12,000	–	–	12,000
Donations: Technical training	5,000	–	–	5,000
	--------------------------	-------------------------------------	-------------------------------------	-------------------------------
	22,000	2,000	2,000	22,000
	==========================	=====================================	=====================================	===============================

10. UNRESTRICTED INCOME FUNDS

			Outgoing
			resources
	Balance at	Incoming	and	Gains and	Balance at
	1 Apr 2023	resources	transfers	losses	31 Mar 2024
	£	£	£	£	£
General Funds	1,245	33,039	(22,686)	10,353	11,598
	-------------------------------	-------------------------------------	-------------------------------------	--------------------------	-------------------------------
	1,245	33,039	(13,810)	10,353	11,598
	===============================	=====================================	=====================================	==========================	===============================

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AGAPE SELF SUFFICIENCY Company Limited by Guarantee

Trustees' Annual Report (continued)

Year Ended 31 July 2024

Notes to the Financial Statements

11. ANALYSIS OF NET ASSETS BETWEEN FUNDS

	Tangible	Net current
	fixed	assets/
	assets	(liabilities)	Total
	£	£	£
Restricted Income Funds:
Donations: Agricultural projects	12,000	–	12,000
Donations: Accommodation	5,000	–	5,000
Donations: Technical training	5,000	–	5,000
	--------------------------	-------------------------------	-------------------------------
	22,000	–	22,000
	--------------------------	-------------------------------	-------------------------------
Unrestricted Income Funds:
Net Current Assets	–	11,598	11,598
	-------------------------------	-------------------------------	-------------------------------
	–	11,598	11,598
	-------------------------------	-------------------------------	-------------------------------
Total Funds	22,000	11,598	33,598
	===============================	===============================	===============================

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