Trustees’ Annual Report for the period
From 1 January 2023 Period start date To 31 December 2023 Period end date
Charity name: GROW EDO SUPPORT GROUP
Charity registration number: 1190758
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 them 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 /job 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
| SORP reference | ||
|---|---|---|
| Summary of the main 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. |
Para 1.20 | There were no grants made this year and discussions continue with the congregations and diocese about supporting existing projects and developing new ones. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
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 financial period was satisfactory |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity hold reserves in order to support future projects in Nigeria |
| Amount of reserves held | Para 1.22 | £32,344 |
| Reasons for holding zero reserves |
Para 1.22 | |
| 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 in the 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 the Trustees, and when possible collections in parishes in the Southwark Diocese following presentation s 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 (trust deed, royal charter) |
Para 1.25 | Constitution dated 6 August 2020 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | The charity is constituted as a CIO |
| 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 requirement if the charity for particular expertise |
Additional information (optional)
You may choose to include further statements where relevant about:
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 |
Para 1.51 | |
| 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 Mark Odion MSP |
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| Dr David Ryall | ||||
| Dr Richard Byrne | ||||
| Mr Eamonn Doran | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
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 trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Rt Rev Patrick Lynch
Position (eg Secretary, Chair Chair, etc)
Date
13 September 2024
| GROW EDO SUPPORT GROUP |
GROW EDO SUPPORT GROUP |
GROW EDO SUPPORT GROUP |
No (if any) | CC16a | |
|---|---|---|---|---|---|
| For the period from |
1 JANUARY 2023 | To | 31 DECEMBER | ||
| Section A Receipts and payments | |||||
| A1 Receipts Donations 11,042 - - - - - - - 11,042 - - Sub total - Total receipts 11,042 A3 Payments Bank charges 6 - - - - - - - - Sub total 6 - - Sub total - Total payments 6 Net of receipts/(payments) 11,036 A5 Transfers between funds - A6 Cash funds last year end 21,308 Cash funds this year end 32,344 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 11,042 - - - - - - - 11,042 - - - 11,042 6 - - - - - - - - 6 - - - 6 11,036 - 21,308 32,344 |
Last year to the nearest £ |
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| - | 11,042 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | 11,042 | - | |||
| - | - | ||||
| - | - | - | |||
| - | - | - | |||
| - | 11,042 | - | |||
| - | 6 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | 6 | - | |||
| - | - | ||||
| - | - | ||||
| - | - | - | |||
| - | 6 | - | |||
| - | - | 11,036 | - | ||
| - | - | - | - | ||
| - | - | 21,308 | - | ||
| - | - | 32,344 | - |
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 Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 32,344 - - - - - 32,344 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name RT REV PATRICK LYNCH Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
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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 SEPTEMBER 2024 |
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