2023-03-31-accounts

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Friends of Jamarko and EPHC Annual Report

20 July 2022 to 31 March 2023

Reference and administrative information
Trustees’ Report
Statement of Financial Activity and notes

1. Reference and Administrative Information

Charity Number: 1199716

Registered Office: 96 Coleraine Rd, London SE3 7NZ

Trustees who have served during the first year and up to the date of this report are as follows: Emily Norton, Andrew Potter, Maggie Owen

Bank: Unity Trust Bank plc, Nine Brindley Place, Birmingham B1 2HB

Staff: None.

2. Trustees Report for the year ended 31 March 2023

The Friends of Jamarko and EPHC was registered with the Charity Commission on 20th July 2022 as a CIO (Charitable Incorporated Organisation). This Annual report covers the first 8 months of the Charity’s operations to the end of the first financial reporting period at 31 March 2023.

The objects of the charity are the prevention or relief of poverty and the advancement of education for the public benefit including by providing grants, sponsorship and fundraising in the UK to partners to support the education and health of children/ young people and their families in Nepal.

The Friends of Jamarko and EPHC has met the requirements of its governing document, the Charity Commission, and all relevant legislation.

The Trustees aim to meet at least three times a year and, at any time, there should be not less than three Trustees and not more than twelve. In the period covered by this report there have been three Trustees who have formally met twice.

The Trustees confirm that they do not currently have and during the period of this Annual Report, have not had any beneficial interest in any contract with the Charity. If the Charity is wound up, the trustees have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

Volunteers – the trustees are all volunteers, bringing different skills and interests to the Charity, as well as being long standing supporters of the Charity’s work. Since the Charity was registered, Sue Longman has also continued her valuable role as a volunteer.

No trustees or volunteers claim any expenses, and the intention is that any visits to partners in Nepal will be self-funded by individuals.

Activities

The charity was set up to formalise and better manage a long standing informal partnership with the Nepalese social development organisations Jamarko and EPHC (Education, Protection and Help for Children) through which disadvantaged children in Nepal are helped to succeed in education and so improve their life prospects and those of their families’.

Alongside educational support for the children from primary to conclusion of higher secondary schooling the charity also supports an Adult Literacy Programme which helps the parents (mostly mothers) of those children, who missed out on education, to gain basic literacy and numeracy skills. A separate Medical Fund is also maintained by the Charity which considers requests to provide modest assistance to access medication and cover doctors’ fees for sponsored children and their parents/guardians in cases where they cannot afford these costs themselves.

In the period covered by this report, the Charity has:

Set up bank account/s and undertaken other required administrative tasks, including registering with HMRC
Communicated regularly with donors and supporters through emails and newsletters (three newsletters have been issued in the period covered by this report).
Sought to secure, and transfer to our local partner EPHC, all committed sponsorship funds for disadvantaged children in Nepal who have been nominated by EPHC for support with their schooling. This has been done on a timely basis to allow school fees in Nepal to be paid.
Sought to secure additional funding in the form of donations from existing sponsors, above their committed level of sponsorship, and other supporters to provide funding for children who do not have committed sponsorship.
Successfully secured funding for the education of 78 children. Of these, 6 were at Higher Secondary Level (equivalent to 6[th] form in the UK), the rest at secondary level.
At the time of registration as a charity Friends of Jamarko and EPHC had sought to raise enough funds to support 81 children. By 31 March 2023 a success rate of 96% was achieved.

However, during this period, EPHC requested support for an additional 34 children on the sponsorship scheme, bringing the total to 115 children for whom support was being sought.

Registered the Charity for Gift Aid. The Gift Aid claimed in April 2023 on all eligible donations up to 31 March 2023 will be used to cover costs and allow an additional 13 children to be supported for one year.
Supported 26 adults on the Adult Literacy programme with funds donated by a single donor for this specific purpose.
Developed a Business Plan, which included drafting a partnership agreement with EPHC in Nepal to establish clear lines of responsibility, respective duties, obligations and define our mutual expectations.

Looking forward:

This year the Friends of Jamarko and EPHC will seek to:

Expand the level of support and sponsorship, both in the UK and by helping our local partners to develop a more sustainable funding model. However, whilst dependent on sponsorship and donations, the Charity must also ensure that there are no unrealistic expectations or commitments made about the level of funding available in any one year.
Finalise the Partnership Agreement with EPHC and develop the additional policies and procedures noted in it (including financial reporting, safe guarding and data protection).
Establish a Medical Fund
Continue to support the Adult Literacy Programme.
Communicate regularly with supporters, develop a website/social media presence.

The Trustees would like to thank all sponsors, donors and volunteers for their contributions to date, the local partners (EPHC and participating schools) for making it work, and the children themselves for making good use of the opportunities provided for them.

3. Financial report.

----- Start of picture text -----
Friends of Jamarko and EPHC - Receipts and Payments from registration to end March 2023
Restricted Unrestricted Total
Receipts 2022 2023 2022 2023
Sponsorship 8,580.00 950.42
Adult Literacy 1,000.00
Donation 1,000.00
Fundraising 80.00
Total 9,580.00 950.42 1,080.00 0.00 11,610.42
Payments
Funds transfer to EPHC in Nepal -10,322.00
Foreign transfer fees -50.00
Bank service charges -29.94
-10,401.94 0.00 0.00 0.00 -10,401.94
Bank balance @ 31 March 2023 1,208.48
The balance held in the bank account comprises sponsorship money received yet to be remitted.
These will be remitted in a subsequent transfer to EPHC in Nepal:
Year to end March 2023 258.06
Funding received in advance for subsequent years 950.42
1,208.48
----- End of picture text -----

Accepted by Trustees on 23 January 2024

Signed on their behalf by

Emily Norton

Chair of Trustees

	Charity Name Friends of Jamarko a	nd EPHC	nd EPHC	No (if any) 1199716	CC16a
		Receipts and payments accounts
	For the period from	Period start date 20-Jul-22	To	Period end date 31-Mar-23

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Sponsorship		9,530	-	9,530	-
Donations	1,000		-	1,000	-
Fundraisingevents	80		-	80	-
Adult literacy		1,000	-	1,000	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	1,080	10,530	-	11,610	-
A2 Asset and investment sales, (see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-
*Total receipts*
	1,080	10,530	-	11,610	-

A2 Asset and investment sales, (see table). A3 Payments

Foreign funds transfer of donations to EPHC Nepal charity	-	10,322	-	10,322	-
Foreign transfer fees	50	-	-	50	-
Bank service fees	30	-	-	30	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*	80	10,322	-	10,402	-

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*
	80	10,322	-	10,402	-

	1,000	208	-	1,208	-
	-	-	-	-	-
	-	-	-	-	-
	1,000	208	-	1,208	-

CCXX R1 accounts (SS)

01/25/2024

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