PERFECT CHANCE FOUNDATION ANNUAL REPORT and ACCOUNTS FOR THE YEAR ENDING 31 MARCH 2022 Registered Charity No. 1192093 154 Townhall Square Crayforl Dartford DAI 4FJ
PERFEcf CHANCE FOUNDATION Trustees Annual Report and Accounts for the year ended 31 March 2022 The trustees of Perfect chan FoUnda1n present tsirAnnual Rep)rt Accounts for ts year ended 31 March 2022. CHARITY INFORMATION Nam• of Charlty: Perf&t Chanc6 FouThJali Chaty Nuner. 1192093 Prfnclpal Addre88: 154 Townhall Squa Cfaybrd Dartsd DA14FJ Tru•tsei: LhlLqn AtIiFoe.' Chatr Liida Adefor. Secretary Pflnce Lania Ar &JnkIlIs'. Treasurer B•nk•r•: BIrty8 B•nk Pk 1 Churc*ll PIWA LoThJon E14 5HP Indopondont Examin•r: Joseph Setordlle 19 Lucknow StreeL tead. London. SE18 2SN
PERFECT CHANCE FOUNDATIOM Truste•$ Annual Report and Act5 forthe ymrwthd 31 March 2022 The trustees of Perft cha Foundalion present th8irNnnual Rert aKt Accwnts for the year ended 31 March 2021 STRUCTUR& GOVERNANCE AND IIANAGEIIENT min Perfect Chance Foundation is a UK-bas&l chaty, regsknj as a Chartalje Incorp)rdt8d Organlsati)n (CIO) on 30 C¢tober 2020 wilh the Chanty commissi of ENJland and Wales to support the etfaTe and educational needs of orphans in Ghana. The ot4ts and p)prs are ststed li the Cortslrtuti¢Jn. inthnt ofTruit The initial truste8s we aFp)Inted bwd on thetr intsresl in supporlmg the cajse the charity ¢hampionin9. As sel out in the n$t1On, lrnsts8s henceforlh be eted annualty by memters at the charivs Annual Gerwdl rrthtiig. Alm8 of th• o The pdnclpal obpcts I'ts obpcts) ofthe ch are: To relm the needs and the edLKaJon oforphans ty suth nans as the tntsiees nw from Ilme to b'rr dechJe. Activlthi Achl•v•m•nts nsfortheF Slnce th8 charity stsrted, we ha W collthrth'ng ilh (x)mnwnitywJ hanage Ptoiects ruTal South Easlem Ghana to train their sxaff on to chddren and youThJ In orphanag89 and trm to firi1 thek wt8ntia. Our partners indu( We8p Not Chikl at IAJukrom. Th8 Orlhopadk Centre at AdoallrVNsaKm and Pott1 Vilkge at D(MJo¥rd all in Ghana. In th8 year, deNpk)F•J a trainiThJ lch to run 4 threfrmnthty courses In varlo Parts ofGharta. The 0)U %re on (11 understd1j tse Gtvlng12) Safeguardlng Chlldren aThJ Young Peopb13} Corrmunity Molmlisalim and14) Needs AssesThnt. thr trahing day3 lasl for 5hrs a day for 2 days. In ts yew, we surted 4 orthnaggs. 81 stsff and 29) chlkgren teneffted from our trainiNJs. Our ptsns forth• fthur• We wll continue wth ourtra¥iing progrn in the cOn1j ye. We have pjentitsj negthl for children as one area that needs to ts£kd. We have therefr)re nned with leade of 4 Commun'e$ to hold awareness creation wortshops and Flan ith t nntss of the conNThJnities on h)w to stop parents wlecting Iheir chiklren. We an to organise c£Jmmunity events Ike Forent days. chren at p. the teacher and the communty, rok ofofphan&Jes, etc. once a mnth in different communilies to promte commun belonging and c&e for ¢hikhn and JThJrwJ We wlll run and focus gro di8cussions on issues ¢[n1j famil. estecialty chikjwi wF48. We an to recruit rrKJre ¥teerS tt) surwtchlA1M li cofflmunitks Lwause they are central to the ethos ofthe thanty. We w1 (YgarM* fvThJrdisiig eRrtslD enth us supwl rrK)re projects and suslain our aclMb8s in ¢(j year.
PERFECT CHANCE FOUNDATK)N Tntstms AMu•l R•port and Accourts for th• 11 31 March 2022 STATEMENT OF TRUSTEES RESPONSIBILThIES Charrty law the truslEes b prepare ftjancial Staterts fDre&th financial )Earthat gNe a tr arKJ fair vpw of Ihe stats of affairs of the chanty at the end of the finala1 year and of ts surplus or deit for the finpffjcial year. In preparirwJ those financAal slatemnt4 the trusiees are required tri.. selt sultable aTrting wlkies arnl then qjpty them tssIentry. Make ligeffEnts aTrJ estimabs that are reascmabb arml prudent State vthether apptab accounting ha been frAk)d, subpctto any material dePare$ di8Aosed e4)kkned Mi the finandal statennts AN1 Prepare thg ffinancial statemnts on the corKem b.$ unkn it is vi apwopriate to pTrsunp the charity will in b81r$S The trustees are resp)nsib19 fry ke8ixng KIDr xcountlng Trcuds, wthich discthe wilh CurY al any tlme the ffinancial $aon ol ts charty and to enat4e them to ensure that the financial stateffent comply with companigs Act 1985. They are aso r8Swtst) frjr sakguardhg the assets ofthe char and hence for takirrfj reag)nth stsps br the pre¥enitm ar#J of fraud and other lryulariligs. ShJned and appro on iyhalfoftho trustoes Lilman Athroe Chairpet9)n Dats.. 04A)111023
PERFEcf CHANCE FOUNDATION Trurtees Annual RePt and Ants for the year ended 31 March 2022 INDEPENDENT EXAMINERS REPORT TO THE IL411AGEMEiif COMIArrEE ON THE ACCOUNTS FOR THE YEAR ENDED 31 IIARCH 2022 I rgPNt on awunts of Pta ChJTh Fwndatll)n fly the {j 31# Marth 20Y2 1$ set out theforwry pages. R•speGttve RpolbIlilleS dtrust•M and Independent examlner As descri in the SlatenEnt of Trtee$ ReswnstditEs. the Charrty's Tnrstees are resF¥Jnsitl8 for th8 preparati)n ofthe aUnts for yew eThd 31# March 2022 in acttharKe ith apF4uble hiwand Unhed Kkngdom Standds {UnibJ axJ 1(. It Is nry res[1bfy to.. examwie the accwnts luTrJerXbJn 43{31{al of 1993 Ad) folbw It W&JUreS lahl dylm li the dirwiS gibw by Chwty C(In$S1or (under ti)n 43inibl d the1993 ktl, and 818ts thher pthJEw my attenlio Ba81• of Ind•pqnd•rt •x•rnlW• r•wt My examall)I was CAI in ith the generdl rfiredicfis gi4En by It Chwtty Commlsslon8f8. Afi examinalbn includ&8 a revbw ol the a))Jurtng keFrt charty and a cl the tsjunts yesented vith those T. It iickths cl811eratsn of any unu1 Iterr6 or dL8cbsures In lh6 8cuJunts, arvj seeking etyanati from the r(wjen1 tsJrtèmwi9 any matters. These proc&Ywes undertaken do not PYOVNti dl ev#1¢8 Ihat ¥U1 bè rnquI8d in en wdl. c4YWU8nfjy l &) not express an aLKI1 opinK)n on tl &counl& 1ndlnd• 1X11• Based on the resuhs of my exarni)aiKin, l amofts OFa)bn that h88 KW KOJUrtivJ (%)rts li Xcad81th 41 ofthe Chth8 Ad 1993, aThl PTepar&l a¢oJunts wJd *ilh th8 reAJyds WKI vith th8 ao)JJnllr tg]uremnts clthe Charkn85 1993 kl. Sbngj Dae: OUJ1r&o3 Joseph Sdo 19 LwkTh)w Stre8t, PhJmsle&J, London. SE18 25N
PERFECT CHANCE FOUNDATION Trust•es Annual Re&rt and Accourts forth• yur ended 31 March 2022 STATEMENT OF FINANCIAL ACTIVTfiES FOR THE YEAR ENDED 31 MARCH 2022 14COMING RESOURCES 2022 Tithl Fund¥ Voluntarylncome DonatK)ns from family &fr*nds Tnjstees, conthbutKins Actmtlos lor ggnernty Funds SFe¢ial Fundratsing Total incoming Re$ourc 8.3CQ.CK) 2,4(M).00 11600.00 RESOURCES EXPENDED Charilabb AthrtKgS (Costs of a¢tivrfies in knrtharanco ofthe objects of the charity) Dlrfjd Charlt•bh Exp•ndturn Volunteer Expenses Markebng & Publkty costs Captsl costs Operatbn Costs- Ghana ProFcts Offu e8Staorrylinl8rneUknl Travel & tor Exp. Fundraising Events Sundri&s G¢¥emance ca•ts T¢)tal r•8ourcM exp•nd•d 1,320. 4C4).00 1,730. 4.1Q).(NJ 1,420.00 990.C 210.ty) 280.00 350.00 Total Funds a• at 31 Mwch 2022 1,8fyJ.IJD The charfty has rn rewntsed gain or defLitolTrer surpkjs fi)r the current year The charfty is to eX8ti(ffi from ajdit undw 43 {2) ofthe Chanty Act1993 The trustees ackn(phledge their resp)nslblleS ts ensumg that Ihe charity keeps accounllng records Vthh comply with the Companies Act1985 aTrJ preparing financial ststents vthi¢h gle a true and fair view of state of affdlrs of the charity at the of ts fin¢1 jear eThJiNJ 31st Mah 2022 Sned and appro1 on tehlfofthe corn1...... ......... . Juknan Albpje 04101r2023
PERFECT CHANCE FOUNDATION Trust•e# Annu R•port and Accounts forthe yr ended 31 Mah 2022 Balance Sh•et as at 31 IAw¢h 2022 2022 R•iCt+d Totsl Funds Fund# Unr•itrictsd Funth Flx•d Assets TarvJlbk Assets CunentAssets Cash at bank & in hd 1.8L)). 1.8Crf).00 Crèdltor¥: Amounts lalllng due wlthln on• > Sundry Creditors Nel Current AssetslLiab16tss 1,8.00 1.800. N•t As•ots Funds to the Chty Unreslrictsd Resth'cted Totsl Funds 1.8CQ.00 1,8fy).00 Slgn•d {on b•haN ol all tr10) 04MR023 Llllian Allip)e (ChairTS0n)
PERFECT CHANCE FOUNDATION Trust•es Annual Report and forthe yr ond•d 31 March 2022 {•) B#is ol Pl•p¥ft We prepared a sirnp irton and ey¥eThlure axy)t to detemine surplus or deficit of income over expenditures within this &counting Feriod by of our staTrthNJ as a tw chty. HovKvgr, wited an lder1 eyamw to knok a ouro)mwrtalKirsand to st. (bl Fund Accounting Funds albCal t£lw rBstrkt&l unrestrthl Ullrtrkt Fun cyJryFe gthrdl fijrnts Ihal are avalabb athedi5cretKsn ollhe Trustees in fv¥therce ofthe ¢hiWs Obts ¥KI thal have desnaj wrFose& RMtrlrt•d Funds are lunds ¥e to b& uJ wi Alih rnstrktkn. dkl rbjt hav8 any f88lrkl6a fuTrtss In ts >p¥. Icl IncoffaTrg Ro18 The incoming rnsources are donaijns rv))ffefrom fuThJ MlTrJ rwn18ed as irth In the Forhjd in tY ae recei•VJ. lal Ro•ou Exp•nd•d ExFefid(iure is t T09ned Ir0[rO kn thè axourti)g Forijl. EVrllUre that b dl• to sp8cmc actiwties has toen n) th88e cost cal930r. Idl Coth ofClwhbl• kll These are costs incurred ty Ike charity m Il of18 thitss SWYKeS fty ts ber19ts. They Include tth c£6ts that Gan albcat&J t&tl chaty's 8TrJ oJ81s of an Indlrect nabjre neSsary to supp)rt these &tMis. In Gov•manc• Colts These we costs assocoted Kith il* chalty. iidtth the o)sts of epwatijn and exanlnatbn ofstauw ac¥>wnts, Injskn. [ellI ard the oisls d any l&aal aTrJ Jnsuttarw gw lotrle89 on O)nSbbrfr Cc6ts rekling to a PaUr aclrAy ahxabj diredty, others we aFfOrtKiwJ gn apFK4 bask4.