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2025-01-01-accounts

Trustees’ Annual Report for the period

From 2nd January 2024 To 1[st] January 2025

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
All Trustees and members are volunteers and
contribute to fundraising in different ways.
Para
1.38
One volunteer continues to be a significant
fundraiser for WDEF by running fitness classes,
social events and physical challenges (listed on
our website(https://workneh.org.uk)
He has also encouraged other volunteers to
become a raise funds through future sporting
events.
Other The Trustees and Core Group members have
increased their support in terms of their time and
commitment to the charity, as we make progress
with the project.
Communications with the Local Authority and
NGOs in Ethiopia have also increased with
monthly joint meetings scheduled to assist with
the smooth progress of the project.

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.
In the first quarter a Memorandum of
Understanding and a Finance Agreement was
signed by the charity and the local NGO to
clarify roles and responsibilities of both parties.
In the second quarter, Trustees and members
visited Addis Ababa to resolve issues and
monitor progress.
The third quarter saw the de facto phase of the
project delivery in Oromia begin.The transfer of
funds resulted in preparation for the school
build; fencing & storage has been completed to
keep materials, machinery and other supplies
safe and secure. NGO members, District
officials and community representatives
participated in the cornerstone laying
ceremony, marking the beginning of the school
build on 26thNovember.

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.
Our fundraising activities coupled with one-off
and regular donations, with additional Gift Aid
when applicable has given a healthy balance.
2024 saw more activities taking place, with our
volunteers completing 9 marathons/Fitness
Performance of fundraising
activities against objectives
set
Para
1.41
activities over the year. There were several
other events organised that contributed to our
fundraising. We have raised almost one third of
our target to date.
Investment performance
against objectives
Para
1.41
There are no investments made with any of the
funds raised to date
Other
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
Annual Income:The Foundation received an
income from contributions, donations,
sponsorship from sporting events and other
fundraising events.
Expenditure:Much of the work of the
foundation relies on volunteers who give free
services. However, we have increased the
number of volunteers for sporting events in
2025 (e.g. the London Marathon), so entry fees
have been an additional expenditure.
As the project has begun in earnest, there was
a transfer of funds to cover this phase of the
project
As of 1st January 2025, the balance was
£30,576.61
Statement explaining the
policy for holding reserves
stating why they are 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 continuing as a going
concern
Para
1.23
N/A
Additional information (optional)
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The charity’s principal
sources of funds (including
any fundraising)
Fundraising Activities are the main source of
income.
There are regular donors who contribute
monthly.
Para
1.47
Investment policy and
objectives including any
social investment policy
adopted
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 instability in the UK and economic
and political instability in Oromia, provide risks
in terms of interest rates/inflation fluctuation
resulting in rising costs etc. This is kept under
review in newly established monthly joint
meetings.
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 registered with the Charity
Commission
Type of governing document
(trust deed, royal charter)

Para 1.25
Charitable Incorporated Organisation with an
Association Constitution.
How is the charity
constituted?
(e.g. unincorporated
association, CIO)
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:
Additional information (optional)
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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.
All policies are up-to-date and have been
reviewed regularly. An additional policy
covering Equal Opportunities has been
adopted. A policy covering the use of Social
Media is currently under discussion.
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

Charity name Workneh Dechasa Education Foundation
Other name the charity uses WDEF
Registered charity number 1192747
Charity’s principal address 35, St. Peter’s Road,
London
N9 8JJ

Names of the charity trustees who manage the charity

1
2
3
4
5
Trustee name Office (if any) Dates acted if not for
whole year
Name of person (or body)
entitled to appoint trustee (if
any)
Aster Belay Chair November 2022 WDEF Membership
Siobhan Crawley Vice-Chair November 2022 WDEF Membership
Brian Foster Secretary November 2022 WDEF Membership
Feyisa Demie Treasurer November 2023 WDEF Membership
Teferi Degeneh Vice- Treasurer November 2023 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
Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Date
Signed on behalf of the charity’s
Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Date
1st June 2025

WORKNEH DECHASA EDUCATION FOUNDATION

INCOME AND EXPENDITURE REPORT FINANCIAL YEAR 2nd January 2024 TO 1st January 2025

Balance brought forward Balance brought forward **£25,041.17 ** Balance brought forward Balance brought forward £5,801.41
Income Expenditure Turnover Income Expenditure Turnover
Online donations £11,733.24 £14,379.98
Regular donations £1,679.53 £1,300.00
Cash donations £1,464.64 £3,708.83
Bank transfer
donations
£150.00 £203.00
Interest £58.82 £19.07
Charitable donation £50.00
Room hire -£75.00
Bank charges -£110.00 -£81.12
Promotions -£670.42
Fees -£1,217.50 -£290.00
School build -£7,527.87
TOTALS £15,136.23 -£9,600.79 £5,535.44 £19,610.88 -£371.12 £19,239.76
Balance Carried Forward £30,576.61 £25,041.17