2023-03-01-accounts - Good Planet International Foundation

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Trustees’ Annual Report for the period

From 01/03/2023 Period start date To 11/02/2024 Period end date

Charity name: Good Planet International Foundation

Charity registration number:1199457

Objectives and Activities

The Prevention Or Relief Of Poverty Environment/Conservation/Heritage

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Prevent or relieve poverty in primarily, but not exclusively Nigeria by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty primarily, but not exclusively by providing access to basic healthcare.
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	Promote for the benefit of the public the conservation protection and improvement of the physical and natural environment and advance the education of the public in the conservation, protection and improvement of the physical and natural environment, primarily, but not exclusively the mitigation of the impact of climate change on those living in poverty.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees affirm that they have given due consideration to the guidance issued by the Charity Commission regarding public benefit. In conducting the charity's activities and decision-making processes, the trustees have ensured that the charity's actions align with the principles of public benefit as outlined by the Commission. This includes assessing how our activities contribute to the charity's aims and ensuring that any private benefit arising from our work is incidental and necessary to delivering our public benefit."

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Our grant-making policy is committed to transparent, fair, and impactful allocation of funds. We prioritize projects that align with our mission and demonstrate potential for significant positive impact. Applicants must provide clear objectives, a detailed plan, and a robust evaluation strategy. We ensure due diligence in the selection process and maintain ongoing oversight to guarantee effective use of funds."
Policy on social investment including program related investment	Para 1.38	TBD
	Para 1.38	TBD

Contribution made by volunteers TBD Other

Achievements and Performance

SORP reference TBD Summary of the main Para 1.20 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.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	TBD
Performance of fundraising activities against objectives set	Para 1.41	TBD
Investment performance against objectives	Para 1.41	TBD
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the close of the reporting period, the charity's financial position remained stable despite no active projects or operations.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	N/A
Amount of reserves held	Para 1.22	N/A
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The charity faces certain uncertainties that could impact its ability to continue as a going concern. These include fluctuating funding sources and changing regulatory environments. However, we are actively addressing these challenges

Additional information (optional) You may choose to include further statements	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	The charity's main sources of funding are diverse, encompassing individual donations, grants from governmental and private foundations, corporate sponsorships, and fundraising events.
Investment policy and objectives including any social investment policy adopted	Para 1.46	TBD
A description of the principal risks facing the charity	Para 1.46	The charity faces several key risks, including fluctuations in funding due to economic uncertainty, regulatory changes impacting operational compliance, and challenges in maintaining donor engagement in a competitive non-profit sector. Additionally, there are risks associated with data security and the management of personal information. We are also mindful of the potential impact of global events, such as natural disasters or pandemics,on our abilityto operate and fulfill our mission."
Other

Structure, Governance and Management

Description of charity’s trusts:		The charity's trusts are legally binding arrangements where assets are held and managed by trustees for specific charitable purposes as outlined in the trust deeds.
Type of governing document (trust deed, royal charter)	Para 1.25	Model Constitution of the Charitable Incorporated Organisation
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	The charity is constituted as a non-profit organization governed by a set of rules and constitution. This legal structure defines our operating framework, including our objectives, membership, decision-making processes, and the roles and responsibilities of our trustees or directors. The charity is registered with the charities commission for England and Wales ensuring compliance and alignment with our mission and charitablepurposes.
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	The first charity trustees are as follows, and are appointed for the following terms – TERSOO ALEXANDER CHINYAM FOR 4 YEARS DOREEN BELONWU FOR 3 YEARS 10. Appointment of charity trustees (1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) 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. Appointment of charity trustees (1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) 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. 11. Information for new charity trustees The charity trustees will make available to each new charity trustee, on or before his or her first appointment: (a) a copy of the current version of this constitution; and

(b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts. The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. It is the duty of each charity trustee: (a) to exercise his or her powers and to perform his or her functions in his or her capacity as a trustee of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO; and (b) to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to: (i) any special knowledge or experience that he or she has or holds himself or herself out as having; and, (ii) if he or she acts as a charity trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.

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	TBD
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	TBD
Relationship with any related parties	Para 1.51	TBD

Other

Reference and Administrative details

Charityname	GoodPlanetInternational Foundation
Other name the charity uses
Registered charity number	1199457
Charity’s principal address	172 BRIGGINGTON WAY LEIGHTON BUZZARD BEDFORDSHIRE LU7 3RQ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
TERSOO ALEXANDER CHINYAM	CHAIR	27 FEB 2022
DOREEN OGECHI BELONWU	TRUSTEE	27 FEB 2022

Corporate trustees – names of the directors at the date the report was approved

Director name DOREEN OGECHI BELONWU

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 NONE held in this capacity Name and objects of the NONE charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NONE 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	Type of adviser Name Address	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

N/A

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) DOREEN OGECHI BELONWU Position (eg Secretary, SECRETARY Chair, etc) Date 27/02/2024