LSS UK FOUNDATION **Annual Report 2022 to 2023** 

|Table of contents:|Page no.|
|---|---|
|Donations to school|2|
|Challenges and recommendations|4|
|Future plans|4|
|Structure, Governance and Management|5|
|Statement of trustees Responsibilities|6|



1 



Donatlons to Schools
1. Donation of school to Bright Star Primary and Secondary, Gambia
The Trustees collected 50 pairs of shoes,. 200 clothes., 35 children books and toys,. 20 bags in
2023124 final year. The items where donated to primary and secondary Schools in Gambia. The
items where shipped from the UK and collected by a volunteer in Gambia. He took the items to
the school in Gambia and handed them lo the School Principals. The Principals and staff
distributed the shoes among the school children. Below is selection of some of the pupil with Iheir
new shoes.

Lll
Challen
es and Recommendations:
As most charitable organizalions, LSS UK Foundation is mainly relianl on donations from
individuals and other charitable organizalions in pursuant of its charitable goals. Therefore,
expanding and sustaining ils development activities is a huge challenge. To deliver on il's purpose
the organizalion continues to need time and resources which are better supported by thé
availability of funds. The Association should therefore explore alternative ways of generating
funds. It should start by opening bank account.
Futuro Plans:
Supporting children with their Education
ActivitylProject
Expected output
Period
Resources
School Shoes
Deliver 100 Shoes
Nov 2025
Times to make shoe
collections, raise funds for
transport, bank account to
manage funds
Provide Books lo read
Give pupil options to read
Nov 2025 to
Library, funds and bank

for Pupil
and find the joy in reading
by tying drfferent materials
Oct 2026
account
FINANCIAL REVIEW
Th8 accounts declared in this report have been preparéd in accordancé with Statement of
Recomm8nd8d Practice.. Accounting for Charities ISORP 2015)and with relevant companies and
charitie5 legislation and regulations. The Statement of Financial Activities shows LSS UK
Foundation income from all sources and how this was expended, and the splst of aclivity betW88n
restricted and unrestricted funds.
The charity's income was £100 for the year ended 20th Nov 2024. The charity was able to operate
without the need for funds from the charity ttself to up to now. The Trustees use their time and
that of the donations of sh￿S frorr the public to deliver the purpose of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution and Organisational Structure:
The organisation is a charity incorporated organisatTron. It was registered as a Gharity on 20
November 2020. LSS UK Foundation was established by Memorandum and Articles of
Association which describes the objects and powers of the charitable company,. it is governed
under ils Articles of Association. Under those Articles. the trustees are appointed at the Annual
Gener81 Meeting. Trustee have ultlmale responsibility for the running of the charity. The Trustee
rely on the time and resource of volunte6ts to assist in the delivering of the purpose of the charity.
Thère are no employees of the charity.
Governance and Decision-making:
ThÉ Board of Trustees govem LSS UK Foundation and meet quarterly to discuss and review
strategy, planning, development, and financial matters. Day-to4ay management of the
organisation also rest wth the trustees. Every three years, a strategic r6view is undertaken,
involving trustees. stsff, funders. partners. beneficiaries and other sLqkeholders.
Recruitment and Appolntmant of Now Trustoes:
The trustees are eleGted according to their knowledge, skill and experience of the themes and
activiti8s undertak8n by the charity. commitment to LSS UK Foundation mission, objectives and
activities,. and in accordance wth the requirements for th& govemance of charities. LSS UK
Foundation provides information and updates about operations lo the members. Board and
relevant committee meetings consider and discuss matters relating to the strategic direction and
focus of the charity.
Induction and Training of new Trustees:

New trustees reGeive InduGtion training on: their legal responsibilities as charity trustees., the
management and operational structure of the chartiy. and the key management issues, e.g.
policy, personnel, finance. projects and funding matters. They are also guided on how to have
optimum input and influeno in the current and future development of the charity.
Risk Management:
The trustees have a duty to identtty and rewew the risks to which the charity is exposed and to
ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees, for the purposes of company law, are responsible for preparing the Trustees,
Report and th8 financial stat8m8nts in accordanc8 Wth applicable law and Unit8d Kingdom
Accounting Standards (United Kingdom Generally Accepted Acrnunting Practice).
Company law requires the truste85 to prepare financial statements for each financial year thich
give a tru8 and fair view of th& stat8 of affairs of the charitsble ￿rnpanY and of the incoming
resources and application of resourGes, indLKling the income a￿1 expenditure, of the charitsble for
that year. In preparing thes& finan￿al statemènts, th8 trustees are required lo=
Select suitable accounting policies and then apply them consistently,
Observe the rnethods and principles in the Charities SORP.,
Make judgements and estimates that are reasonable and prudent.
Stat8 whether applicable UK Accounting standards have been followed. subject to
any material departure5 disck)sed and explained in the financial statements,.
Prèpare the financial statemènts on the going tt)ncern basis unless it is inappropriate
to presume that the charitabl6 company wll continue in business
The trustees are responsible for keeping proper accounting records that disclose with
reasonable a¢Guracy al any tima of the financial position of the Gharilable company and enable
them to ensure that the financial ststements comply with the Companies Act 2006. They are also
rest)onsiblé for safeguarding the assets of the Charitable company and hen¢e for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
This r8POrt has been prepared in accordance with th8 Stat8ment of Recommended Practice -
Accounting and Reporting by Charit18s and in accordance with the speGial provisions of Part 15
of the Companies Act 2006 relating to small companies.
APPROVAL
This report was approved by the Board of Trustees on 15 August 2023ss and sign8d on its behalf
by:

Lamin SaTh- Chair
Sandra Sarr- Secretary