UK FRIENDS OF THE UNIVERSITY OF PRETORIA
REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
REGISTERED CHARITY NUMBER: 1197708
Henderson Black & Co
CHARTERED ACCOUNTANTS, ST ANDREWS
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
| Contents | Page |
|---|---|
| Trustees’ Annual Report including legal and administrative information | 1 – 2 |
| Independent Examiner’s Report to the Trustees | 3 |
| Receipts and Payments Account and Statement of Balances | 4 |
| Notes to the Accounts | 5 |
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Reference and Administrative Information
Charity Number: 1197708 Operational Address: Holwell Bungalow, Widecome-In-The-Moor, Newton Abbot, TQ13 7TT Bankers: Unity Trust Bank, PO Box 7193, Planetary Road, Willenhall, WV1 9DG Independent Examiner: Jonathan L Adamson CA, Henderson Black & Co, Chartered Accountants, Chestney House, 149 Market Street, St Andrews, KY16 9PF
Trustees
The charity is administered by the trustees. The following persons have served during the year and since the year end:
Mohamed Naeem Moolla (Chair) Anton Dirk Botha (resigned October 2023) Hendrk J Delport (appointed October 2023) Petronella Margaretha Lombard (appointed October 2023) Albertus Maartens Mari-Lizette Malherbe Alexander Frank Powell (appointed October 2023)
Charitable purposes
The purpose of the charity is to advance and promote learning and education at or in connection with the University of Pretoria in South Africa and elsewhere through the provision of grants and financial assistance.
Structure, Governance and Management
The charity is a Charitable Incorporated Organisation (CIO). It was registered on 28 January 2022.
The charity is supervised by the trustees who meet at least annually.
Review of the Activities and Achievements
During the period the charity was largely dormant as it received just one donation and paid a few administrative expenses.
It is the intention of the trustees that the charity will advance and promote learning and education at or in connection with the University of Pretoria in South Africa and elsewhere through the provision of grants of financial assistance.
Public benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objects and in planning future activities and setting policy for the period
Risk Assessment
The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the charity, and are satisfied that systems are in place to mitigate the charity’s exposure to the major risks.
Reserves Policy
Unrestricted bank balances of £2,078 (2022 - £nil) were carried forward at the year end. The trustees are satisfied that the reserves are sufficient to meet the future needs of the charity and for it to continue as a going concern.
1
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement of Trustees’ Responsibilities
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011.
Approved by the trustees and signed on their behalf on 21 October 2024 by:-
Mohamed Naeem Moolla (Trustee)
2
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE UK FRIENDS OF THE UNIVERSITY OF PRETORIA
I report on the accounts of the charity for the year ended 31 December 2023 which are set out on pages 4 and 5.
Respective Responsibilities of the Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
-
state whether particular matters have come to my attention
This report is made to the trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees for my work or for this report.
Basis of Independent Examiner’s Statement
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act or
-
the accounts do not accord with those records; or
-
the accounts do 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
have not been met or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jonathan L Adamson CA Partner Henderson Black & Co Chartered Accountants
Chestney House 149 Market Street St Andrews, Fife KY16 9PF
21 October 2024
3
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
| Receipts Donation Total Receipts Payments Insurance Bank charges Total Payments Surplus for year |
2023 £ 2,500 |
|---|---|
| 2,500 | |
| 363 59 |
|
| 422 | |
| 2,078 |
STATEMENT OF BALANCES
AS AT 31 DECEMBER 2023
| Funds Reconciliation Cash at bank - 1 January 2023 Surplus for year Cash at bank - 31 December 2023 Liabilities Independent Examiner's fees All funds are unrestricted. The notes on page 5 form an integral part of these accounts. |
2023 £ - 2,078 |
|---|---|
| 2,078 | |
| 180 | |
| 180 | |
Approved by the trustees on 21 October 2024 and signed on their behalf by:-
Mohamed Naeem Moolla (Trustee)
4
UK FRIENDS OF THE UNIVERSITY OF PRETORIA
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. Accounting policies
1.1 Basis of accounting
These Accounts have been prepared on the Receipts & Payments basis in accordance with the Charities Act 2011.
1.2 Funds
All of the charity’s funds are unrestricted. Unrestricted funds are those funds which the trustees are free to use for any purpose in furtherance of the charitable objectives.
1.3 Taxation
The charity is exempt from tax on income and gains to the extent that these are applied to its charitable objectives.
1.4 Income
Income is included when received and applied to unrestricted funds unless otherwise specified by the donor.
1.5 Payments
Charitable payments are made in furtherance of the charitable purposes. The Charity is not registered for Value Added Tax and accordingly all payments include irrecoverable Value Added Tax.
2. Trustees, employees and remuneration
No remuneration was paid to trustees in the year (2022 - none).
The charity had no employees in the year (2022 - none).
5