Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 0 5 1 1 2 1 Period end date 3 1 0 3 2 3 Charity name A2B Origin Education Charity No 1 1 9 6 4 4 0 (if any)
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The charity’s objects (The Objects) are to advance education through the development of useful knowledge and skills particular of residents in the city region of Liverpool. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
One-on-one and group tutoring sessions for individuals needing additional support. A variety of courses for which tuition fees were charged, helping to generate income that was reinvested into educational programs and operational costs. |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | The Trustees of A2B Origin Education confirm that they have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers | Para 1.38 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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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 benefciaries and any wider benefts to society as a whole. |
Para 1.20 | During the period from November, 2021, to March 31, 2023, A2B Origin Education significantly improved educational outcomes for over 200 individuals in Liverpool by offering numeracy and literacy classes, tutoring, and career support. These efforts enhanced participants' skills, confidence, and employability, fostering personal development and reducing educational inequalities. Community engagement initiatives promoted social inclusion and cohesion. Our programs contributed to local economic growth by increasing employability and reducing inequality. High participant satisfaction and successful fundraising efforts ensured program sustainability, reinforcing our mission to provide accessible education and public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Achievements against objectives set | Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
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Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | As of March 31, 2023, A2B Origin Education is in a stable financial position. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | ~~A2B Origin Education holds reserves to~~ ensure financial stability, cover unforeseen expenses, and sustain operations during funding gaps. |
| Amount of reserves held | Para 1.22 | As of March 31, 2023, A2B Origin Education holds reserves totaling £6,050.76. |
| Reasons for holding zero reserves | Para 1.22 | |
| Details of fund materially in defcit | Para 1.24 | No funds are materially in deficit as of March 31, 2023. |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | There are no significant uncertainties about A2B Origin Education continuing as a going concern. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Constitution of A2B ORIGIN EDUCATION |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | CIO |
| 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 | Election to post |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | |
| Relationship with any related parties | Para 1.51 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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Reference and Administrative details
| Charity name | A2B Origin Education |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1196440 |
| Charity’s principal address | 276 Picton Road，Liverpool，L15 4LP |
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(if any) |
|---|---|---|---|
| Sheila Rand | 01/07/2023 | ||
| Juan Huang | 01/11/2021 | ||
| Li Wang | 05/11/2021 | ||
| Helena Kathryn Yate | s | 20/02/2023 | |
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Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
| 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 |
|
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Funds held as custodian trustees on behalf of others
Description of the assets held in this There are no funds held in this capacity. 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 adviser Name Address
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
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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
A2B Origin Education
Annual Accounts
Period: May 11, 2021 - March 31, 2023 Balance Sheet
Opening Fund Balance: £3,600.00
Closing Fund Balance: £6,050.76
Total Liabilities and Fund Balance: £6,050.76
Income Statement
Income:
Donation Income: £2,440.00
Government Grants: £0.00
Activity Income: £59,200.00
Notes: Cash deposit (tuition income)
Other Income: £64,016.52
Notes: Interest, online transaction refunds, tuition fees (FP
income)
Total Income: £125,665.52
Expenditure:
Project Management Fees: £0.00
Administrative Expenses: £118,923.41
Notes: Office leasing, employee compensation, daily operations, travel reimbursement, etc.
Fundraising Expenses: £0.00
Other Fees: £691.35
Notes: Alex V-Wang refund, POS PAYBYPHONE, POS WPS OFFICE, brought forward online transfer, bank deductions Total Expenditure: £119,614.76
Net Surplus:
Total Income: £125,665.52
Total Expenditure: £119,614.76
Net Surplus: £6,050.76
Financial Report Summary
This financial report summarizes the income and expenditure for A2B Origin Education for the period from May 11, 2021, to March 31, 2023.
The charity began with an opening fund balance of £3,600.00. Over the period, it generated a total income of £125,665.52, which included £2,440.00 from donations, £59,200.00 from activity income primarily from tuition fees, and £64,016.52 from other income sources such as interest, online transaction
refunds, and additional tuition fees.
Total expenditures amounted to £119,614.76, which were primarily administrative expenses including office leasing, employee compensation, daily operations, and travel reimbursements. Additional other fees amounted to £691.35 covering various minor expenses and refunds.
This resulted in a net surplus of £6,050.76, leading to a closing fund balance of £6,050.76. The total liabilities and fund balance for the period is also £6,050.76, indicating a balanced financial position for the organization at the end of the reporting period.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees On accounts for the year ended Set out on pages |
Charity Name A2B Origin Education trustee |
Charity Name A2B Origin Education trustee |
Charity Name A2B Origin Education trustee |
|---|---|---|---|
| May 11, 2021 - March 31, 2023 | Charity no (if any) |
||
| (remember to include the page numbers of additional sheets) |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2023 .
Responsibilities and basis As the charity's trustees, you are responsible for the preparation of the of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's [The charity’s gross income exceeded £250,000 and I am qualified to statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
● the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: |
04/06/2024 | |
|---|---|---|
| Xiaohang Kong |
1
Oct 2018
IER
Relevant professional qualification(s) or body (if any):
N/A
Address: 39 Alberbury Avenue Timperley WA15 7LJ
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
Oct 2018
IER