Trustees’ annual report (including Directors’ report) for the period
From: 1 January 2022
To: 31 December 2022
Charity name: GROW EDO SUPPORT GROUP CIO
Charity registration number:1190758
Company number: N/A
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Grow Edo Support Group is a small grant making charity helping, with modest sums, to fund charities in Nigeria to establish their own projects to combat human trafficking in endemic trafficking areas by way of awareness raising, training, jobs and small business start-ups. The Charity originally operated as part of the Roman Catholic Archdiocese of Southwark but then it was established as a separate charity and the funds held by the Archdiocese were transferred to the charity |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Trustees have had discussions with the Congregation of The Sisters of the Sacred Heart of Jesus concerning work to raise awareness of human trafficking across Edo State and certain projects and the Archdiocese of Benin City and the Diocese of Auchi concerning training/ jobs projects |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard to public benefit guidance. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
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|---|---|---|
| Policy on grant making | Para 1.38 | The policy is to make modest donations to Catholic dioceses and religious congregations in Nigeria typically by way of one-off grants towards them establishing their own locally owned and managed projects for training and employment to combat human trafficking. |
| Policy on social investment including program related |
Para 1.38 |
investment Para 1.38 Contribution made by volunteers Other
Achievements and performance
The charity made a donation of £14,300 to facilitate the construction of a chicken factory. Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives
Other
Financial review
| Financial review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | In the opinion of the Trustees the financial position of the Charity at the end of the period is satisfactory |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity holds reserves in order to support projects in Nigeria |
| Amount of reserves held | Para 1.22 | £21,308 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Having considered future budgets and cash flows, the Trustees confirm that they have no material uncertainties about the entity’s ability to continue as a going concern for the foreseeable future |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
Principal sources of funds are small donors known to Trustees and, when possible, collections in Catholic parishes in the Southwark Diocese following presentations to interested parishioners. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, governance and management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Constitution dated 6 August 2020 |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | The charity is constituted as Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The Board of Trustees select new trustees. New trustees are recruited based on the requirements of the charity for particular expertise |
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.51 Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Other
Reference and administrative details
| Charity name | GROW EDO SUPPORT GROUP |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1190758 |
| Charity’s principal address | BOWEN HOUSE 59 WESTMINSTER BRIDGE ROAD LONDON SE1 7JE |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Rt Rev Patrick Lynch |
Chairman | |||
| Rev Canon Edward Perera |
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| Rev Fr Mark Odion, MSP |
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| Dr David Ryall | ||||
| Dr Richard Byrne | ||||
| Eamonn Doran | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|---|---|
| None | |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/a |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/a |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/a |
Additional information (optional)
Names and addresses of advisers (optional information)
| Names and | addresses of advisers (optional information) | addresses of advisers (optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| Name of chief executive or names of senior staff members (optional information) |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Rt Rev Patrick Lynch
Full name(s) Rt Rev Patrick Lynch
Position (for example Chair Secretary, Chair, etc)
Date
13 September 2023
| GROW EDO SUPPORT GROUP | 1190758 |
|---|---|
| Receipts andpayments accounts |
CC16a
For the period Period start date Period end date To from 1 JANUARY 2022 31 DECEMBER 2022
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts DONATIONS 3,200 - - - - - - - 3,300 - - Sub total - Total receipts 3,300 Unrestricted funds to the nearest £ TRANSFER FROM ROMAN CATHOLIC ARCHDIOCESE OF SOUTHWARK Sub total(Gross income for AR) A2 Asset and investment sales, (see table). |
to the nearest £ - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 3,300 - - - - - - - 3,300 - - - 3,300 |
Last year to the nearest £ |
| - - - - - - - - - |
3,300 | 4,235 | ||
| - | 28,093 | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 3,300 | 32,328 | |||
| - - - |
||||
| - | ||||
| - | - | |||
| - | - | |||
| - | - | 3,300 | 32,328 |
| A3 Payments 14,300 BANK CHARGES 16 - - - - - - - Sub total 14,316 - - Sub total - Total payments 14,316 Net of receipts/(payments) - 11,016 A5 Transfers between funds - A6 Cash funds last year end 32,324 Cash funds this year end 21,308 DONATION TOWARDS CONSTRUCTION OF CHICKEN FACTORY A4 Asset and investment purchases, (see table) |
- - - - - - - - - - - - - - - - - - |
14,300 16 - - - - - - - 14,316 - - - 14,316 - 11,016 - 32,324 21,308 |
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|---|---|---|---|---|
| - - - - - - - - - - |
14,300 | - | ||
| 16 | 4 | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 14,316 | 4 | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 14,316 | 4 | ||
| - | - - - - |
- 11,016 | 32,324 | |
| - | - | - | ||
| - | 32,324 | - | ||
| - | 21,308 | 32,324 |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details BANK ACCOUNT Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 21,308 - - 21,308 OK to nearest £ - - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
to nearest £ Endowment funds |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
| - | |||
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| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| RT REV PATRICK LYNCH | 13 SEPT 2023 | ||