Trustees’ Annual Report for the period
From 2/4/23 Period start date To 1/4/24 Period end date
Charity name: Enterprise Academies International
Charity registration number: 1192272
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Alleviating poverty by building sustainable income generating skills centres (Enterprise Academies - EA) in developing nations. These skills centres prepare young people for gainful work and also facilitate the emergence of relevant local income generating enterprises. Our focus is initially on Sierra Leone but we believe that the EAI model can be successfully replicated in other developing nations. |
| 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 |
Our work inherently helps the above aims with the provision of a training building, skills training, tools and other resources. The land is provided by the local community. Our first (pilot) EA has been built in Kafogo village in the Northern territory of Sierra Leone. We now support another project in Kenema which is operating successfully where two training rooms have been dedicated to the project by Pastor Emmanuel Bobor. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | None of the trustees have gained any financial or material benefit from the activities or the funding of the charity |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | We currently do not make any grants to other charities |
| Communities that provide land to host an Enterprise Academy benefit directly. |
| Policy on social investment including program related investment |
Para 1.38 | Benefits include training, resources enterprise facilitation. |
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | Local Kafogo and Kenema community members have volunteered time and resources in addition to the resources provided by the charity |
| 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 | The main training building has been completed in Kafogo but it still needs internal tiling, power cabling and a solar PV system with batteries. The charity has provided a diesel generator to produce power but due to exorbitant costs of fuel it is hoped that funding can be generated to purchase a stand alone solar PV system with sufficient power storage and supply. The young people in the community have gained new building skills whilst working with experienced local builders in the construction of our first EA building. We’ve provided four manual sewing machines for the EAI project in Kenema which are being used to train young people in tailoring and dress making skills. This is proving very popular amongst both male and female community members that are taking part in the training with a view to using the skills and machines we’ve supplied to generate income. Two training rooms have been provided by Pastor Emmanuel Bobor as the EAI hosting site in Kenema. Those being supported in setting up other small local enterprises are doing well and selling their produce. This includes community members selling their palm oil in the local markets. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | The development of a second EA site in Kenema with the local oversight of Pastor Emmanuel Bobor has had significant impact on the pace of progress the project which serves to provide skills training and local income generating enterprise. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | We’re still seeking to appoint another trustee who will be responsible in part for attracting funding in future. |
| Investment performance against objectives |
Para 1.41 | Funding has mainly come from trustees directly; which was used to pay experienced builders to work with and train the young people in Kafogo in the construction of the EAI building. The charity primarily operates through facilitation and the provision of start -up resources rather than financial support. Our aim includes encouraging self determination and independence for sustainable growth and development. Our new project in Kenema is making significant progress due to the effective local oversight of Pastor Emmanuel Bobor who has trusted relational links with the community. |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity needs someone to help raise funds |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Our aim is not to hold large redundant reserves |
| Amount of reserves held | Para 1.22 | £216 |
| 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 |
| Additional information (optional) You may choose to include further statements |
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 | Trustees |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The primary aim of the charity is to facilitate the emergence of self- governing and self-determining Enterprise Academies that benefit the communities hosting them through training and provision of relevant tools and other hardware. We’re now supporting the development of two sites; in Kafogo and Kenema respectively. |
| A description of the principal risks facing the charity |
Para 1.46 | Malaria |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
We currently don’t support any other trusts |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Foundation Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charity 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 | We follow due diligence and applicants need to fulfil comprehensive compliance review and full consensus of current trustees. Professional references are required and satisfactory proof of enhanced DBS and proofs of ID |
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 | Initial interview with Chair of Trustees, then formal application, Review buy trustees as a team, references and then review with a decision following compliance verification |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The trustees manage all operations of the charity from the UK. Visits by EAI Trustee,Samual Sesay (Sierra Leone national) to the site and members of the Kafogo community ensures resources and funding is applied according to charity agreement only. Samuel’s visits, Photographs of and receipts support expenditure and receipt of resources. |
| Relationship with any related parties |
Para 1.51 | Samuel has family members within the Kafogo community that have helped with the EA project. |
| Other |
Reference and Administrative details
| Charity name | Enterprise Academies International |
|---|---|
| Other name the charity uses | EAI |
| Registered charity number | 1192272 |
| Charity’s principal address | 15 Goodwood Way, Cepen Park South, Chippenham, Wilshire SN14 0SX |
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) |
|---|---|---|---|---|
| Samuel Sesay | Project Manager | David Edgecumbe with consensus of trustees |
||
| Howard Lunt | Coordinator | |||
| David Edgecumbe | Chair of Trustees | |||
– 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) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| David Calder Edgecumbe | ||
Chair of Trustees |
||
| 12thNovember 2024 | ||
| 12thNovember 2024 |
| No (if any) Enterprise Academies International (EAI) |
No (if any) Enterprise Academies International (EAI) |
|
|---|---|---|
| Receipts andpayments accounts | CC16a | |
| 02/04/2023 For the period from |
01/04/2024 To |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 25 - - - - - - - 25 - - - 25 - - - - - - - - - - - - - 25 - - 25 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 25 - - - - - - - 25 - - - 25 - - - - - - - - - - - - - - 25 |
Total funds to the nearest £ 25 - - - - - - - 25 - - - 25 - - - - - - - - - - - - - - 25 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Amazon | 25 | 97 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
25 | 97 | ||||
| A2 Asset and investment sales, (see table). |
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| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
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| 97 | ||||||
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| - | - | |||||
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| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | - | - | ||||
| A4 Asset and investment purchases, (see table) |
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| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| 25 | - | - | 25 | 97 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 25 | - | - | 25 | 97 |
CCXX R1 accounts (SS)
12/11/2024
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 216 - - - - - 216 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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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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CCXX R2 accounts (SS)
12/11/2024
2