## **Trustees’ Annual Report for the period**
**From 1[st] January 2023 To 31[st] December 2023 Charity name: Workneh Dechasa Education Foundation (WDEF)**
## **Charity registration number: 1192747**
## **Objectives and Activities**
||SORP
ref||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para
1.17|To advance education for the public benefit in
Malkaa Dhagaa-Gudar (Guder), Oromia, Ethiopia by:
a) providing and assisting in the provision of an
Elementary School (the school) in cooperation with
local NGO’s and the educational authorities in
Oromia
b) the provision of educational equipment at the
school.|
|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|The charity runs fundraising activities so that funds
are available to carry out the school build in Oromia.|
|Statement confirming whether
the trustees have had regard
to the guidance issued by the
Charity Commission on public
benefit|Para
1.18|The Trustees have used the guidance set out in the
Statement of Recommended Practice (SORP) to help
compile this report.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP ref||
|---|---|---|
|Policy on grant making|Para 1.38|WDEF does not make/give grants.|
|Policy on social investment
including program related
investment|Para 1.38|Social investment is not suitable for our charity.|
|Contribution made by
volunteers|Para 1.38|The organisation does not employ staff; all the work
of the organisation is undertaken by a core-group of
11 members with another 50 supporters attending
events we organise. One volunteer has been a
significant fundraiser over the past year raising over
£10,000 for WDEF by running fitness classes, social
events and physical challenges. Other volunteers
have organised memorial events and celebratory
meals topromote the organisation and encourage|
donations. (listed on our website https://workneh.org.uk) The Trustees and Core Group members give their time and commitment to the charity. They greatly Other assist with communications with the Local Authority and NGOs in Ethiopia.
## **Achievements and Performance**
||SORP ref||
|---|---|---|
|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 charity is working with the local community in
Oromia to organise the school build.
The Local Authority in Oromia has shared required
school design plans. These are part of the initial
phase of the project delivery in Oromia.|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|At the beginning of the project, we aimed to raise
£100K to realise the project aims.
Along with fundraising activities there are two are
on-line platforms that facilitate one-off and regular
donations.
We have successfully applied for Gift Aid
registration with HMRC.|
|Performance of fundraising
activities against objectives set|Para 1.41|2023 saw more activities taking place, greatly
helping in meeting our fundraising target.
Gift Aid has also helped to increase the charity’s
income.|
|Investment performance
against objectives|Para 1.41|There are no investments made with any of the
funds raised to date|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end of
the period|Para 1.21|Key points to note for the year.
We began the year with £5,801.41 in our CAF Bank
current account.
Annual Income: The Foundation received an income
of £18,501.66 from contributions, donations and
other funding-raising activities.
Expenditure: Much of the work of the foundation
relies on volunteers who donate their services free
of charge. However, we incurred bank charges of
£66.12, and returned a cheque for £290.00.
The current account balance carried forward at year
end was £ £23,946.95.|
|Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|There is no policy for holding reserves.|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero
reserves|Para 1.22|There is no need at present to hold reserves|
|Details of fund materially in
deficit|Para 1.24|The funds are in credit|
|Explanation of any
uncertainties about the charity
continuingas agoingconcern|Para 1.23|N/A|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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|Fundraising Activities are the main source of
income.
There are regular donors who contribute monthly.|
|Investment policy and
objectives including any social
investmentpolicyadopted|Para 1.46|At present the are no plans to adopt social
investments.|
|A description of the principal
risks facing the charity|Para 1.46|Economic and political challenges in both UK and
Oromia provides risks in terms of economics
(interest rates/rising costs etc).
Risks that impact socially, e.g. pandemics, climate
change have reduced recently but are still factored
into the charity’s risk assessments.
Technological aspects can affect communications
with Oromia and this has been planned for in the
risk assessment.|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s trusts:||WDEF is a registered CIO with the Charity
Commission|
|---|---|---|
|Type of governing document|Para 1.25|Charitable Incorporated Organisation with an
Association Constitution.|
|How is the charity constituted?|Para 1.25|CIO: Members elect a board of trustees who have
the responsibility of managing the activities of the
charity in accordance with its governing
document.|
|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|Trustees are elected by the membership They
serve a three-year term. One-third of Trustees
resign according to their length of service.
Members select or reselect Trustees at Annual
General Meetings.|
**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|Trustees attend training to ensure they are well
supported in their roles. Three Trustees
participated in training organised by the Charity
Commission (18/7/23) covering International
Working Overseas.
Trustees also access on-line training, which is
shared with other Trustees. (See website for
examples)|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the charity
works|Para 1.51|There are 5 Trustees. Positions are for Chair, Vice-
Chair, Secretary, Treasurer and Vice-Treasurer.|
|Relationship with any related
parties|Para 1.51|N/A|
|Other|||
## **Reference and Administrative details**
|Charityname|Workneh Dechasa Education Foundation|
|---|---|
|Other name the charityuses|WDEF|
|Registered charitynumber|1192747|
|Charity’s principal address|35, St. Peter’s Road,
London
N9 8JJ|
**Names of the charity trustees who manage the charity**
||**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|
|---|---|---|---|---|
||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (ifany)**|
|1|Aster Belay|Chair||WDEF Membership|
|2|Siobhan Crawley|Vice-Chair|Re-elected
25/11/2023|WDEF Membership|
|3|Brian Foster|Secretary||WDEF Membership|
|4|Feyisa Demie|Treasurer|Re-elected
25/11/2023|WDEF Membership|
|5|Teferi Degeneh|Vice-Treasurer||WDEF Membership|
– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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**|||
|---|---|---|
||Brian Foster|Feyisa Demie|
||
Secretary|Treasurer|
||2ndApril 2024||
||2ndApril 2024||
## **WORKNEH DECHASA EDUCATION FOUNDATION**
INCOME AND EXPENDITURE REPORT FINANCIAL YEAR 1st January 2023 TO 31st December 2023
||**Income**|**Expenditure**||
|---|---|---|---|
|**Balance 1st January 2023**|||**£5,801.41**|
|**1. Regular Donations**|£900.00|||
|**2. JustGiving**|£13,841.28|||
|**3. CAF donations**|£239.48|||
|**4. Other Donations**|£3,361.83|||
|**5. Cash Donations**|£140.00|||
|**6. Interest**|£19.07||£18,501.66|
|**7. Charges**||-£66.12||
|**8. Returned payment**||-£290.00|-£356.12|
|**Totals**|**£18,501.66**|**-£356.12**|**£18,145.54**|
|**Balance 31st December 2023**|||**£23,946.95**|