Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 0 1 0 1 2 3 Period end date 3 1 1 2 2 3
Charity name Baobab Charity
Charity No 1 1 9 7 4 9 0 (if any)
Objectives and Activities
| Objectives and Activities | |||
|---|---|---|---|
| SORP reference |
not- d |
||
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | (a) the advancement of education in particular but not limited to, making grants to existing charities and for-profits that provide educational programmes for school children or the direct provision of facilities or resources for schools;(b) the promotion of the conservation, protection and improvement of the physical and natural environment, in particular but not limited to, conserving, restoring and managing the natural woodland habitat in England and Wales for people and wildlife; (c) the promotion of such other purposes being exclusively charitable according to the law of England an Wales as the Trustees may from time to time determine. |
|
| 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 |
We reached out to Family Library in the Isle of Man to donate books to help children with their learning. Additionally, we partnered with the local charity Jorge Bernardes Charity in Brazil to assist children in hands-on organic farming. This initiative not only allowed the children to cultivate their own crops but also provided them with the opportunity to sell their produce at markets, thereby generating revenue and gaining valuable knowledge about agriculture. |
|
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | ~~The charity will carry out due diligence on grant applicants to~~ confirm the identity of the applicant and that. Any funding will be applied in accordance with the charity's charitable purposes. Funds will not be knowingly used for illegal purposes, such as money laundering, bribery or financing terrorism. |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers | Para 1.38 | N/A |
| Other |
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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 | In our charitable project collaborating with the Isle of Man Family Library to donate books, we achieved great success by donating a total of 15 books, which the children greatly enjoyed. Meanwhile, we also continue to collect more books and are dedicated to furthering our efforts in youth education. In our project with Jorge Bernardes Charity in Brazil, we unfortunately faced significant challenges due to severe flooding, which caused delays at the project's outset. However, by the end of the year, we were finally able to officially launch the initiative. We successfully gathered many local volunteers and invited local biologists to educate the children about planting and related botanical knowledge. The response has been overwhelmingly positive, and the children are eagerly looking forward to future activities. |
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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October 2016
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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 at the end of the period, Baobab Charity had a cash balance and net asset amount of GBP3,647.59 and had no liability, potential liability, or contingent liability. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As a small-scale business with limited capital and a relatively low- risk business model, we have chosen to minimize our reserves to maintain flexibility and adaptability. |
| Amount of reserves held | Para 1.22 | Zero |
| Reasons for holding zero reserves | Para 1.22 | Our confidence in our cash flow management practices and our ability to respond to unexpected challenges allows us to adopt this approach. |
| Details of fund materially in defcit | Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | Not applicable |
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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October 2016
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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 | CIO foundation constitution. |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | Charitable 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 | According to the CIO constitution registered with the Charity Commission in England and Wales (registration number 1197490), every charity trustee must be appointed by a resolution of the charity trustees; and, in selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
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 | ~~We have one new-join trustee in December. She was inducted by~~ any two of the current trustees and provided with copies of the constitution and the latest annual report and accounts for her information. She also had a welcome day to know everyone in the charity and have an understanding of the work of the charity. |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | There are four trustees managing the charity as registered. No other relevant parties or its subsidiary undertakings. |
| Relationship with any related parties | Para 1.51 | N/A |
| Other |
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October 2016
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Reference and Administrative details
| Charity name | Baobab Charity |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1197490 |
| Charity’s principal address | Units 24 & 25 Goodsheds Container Village, Hood Road, Barry CF62 5QU |
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) |
|---|---|---|---|
| Fan Ping Kao | |||
| Ho Yin Lee | |||
| Xiao Jing Guo | |||
| Jia Qi Song | 25/12/2023 | Fan Ping Kao, Ho Yin Lee and Xiao Jing Guo |
|
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October 2016
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Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|
|---|---|---|
| N/A | ||
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October 2016
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Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
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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October 2016
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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) Fan Ping Kao Ho Yin Lee Position (eg Secretary, Trustee Trustee Chair, etc) Date 7/10/2024
Charity Accounts templates – Trustees’ annual report for the period
October 2016
| Baobab Charity | No (if any) | ||
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| For the period from |
1-Jan-23 | 31-Dec-23 To |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 10,000 - - - - - - - 10,000 - - - 10,000 4,985 79 1,288 - - - - - - 6,352 - - - 6,352 3,648 - - 3,648 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 10,000 - - - - - - - 10,000 - - - 10,000 4,985 79 1,288 - - - - - - 6,352 - - - 6,352 3,648 |
Last year to the nearest £ |
|
| Donation income from Aceking IOM Limited |
10,000 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
10,000 | - | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| - | ||||||
| Bank charge | 4,985 | - | ||||
| Costs of materials (e.g. books) for Donation |
79 | - | ||||
| Charity Project - garden land rental fee, volunteer bus fare and food allowance, tools forgardening |
1,288 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 6,352 | - | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| 3,648 | - | - | 3,648 |
- | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 3,648 | - | - | 3,648 | - |
CCXX R1 accounts (SS)
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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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details GBP balance in IFX bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 3,648 - - - - - 3,648 - OK 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 Fan PingKao Ho Yin Lee |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| 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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| 7/10/2024 | |||
| 7/10/2024 | |||
CCXX R2 accounts (SS)
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