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2024-12-31-accounts

SIERRA LEONE PATRIOTIC UNION (SLPU-UK)

Charity Number: 1204144

Trustees’ Annual Report and Accounts For the year ended 31 December 2024

1. Trustees’ Annual Report (FINAL VERSION)

Reference and Administrative Details

Charity name: Sierra Leone Patriotic Union (SLPU-UK)

Charity number: 1204144 Financial year end: 31 December 2024 Governing document: Trust Deed

Structure, Governance and Management

The charity is governed by a board of trustees in accordance with its Trust Deed, which provides for a minimum of four and a maximum of seven trustees. Trustees serve on a voluntary basis and receive no remuneration.

The trustees meet periodically to oversee the charity’s activities, review financial performance, and ensure compliance with charity law. All key decisions are made collectively in the best interests of the charity.

Objectives and Public Benefit

The charity’s objectives are to relieve hardship and support community development in Sierra Leone, and to promote welfare and community engagement initiatives in the UK.

In setting objectives and planning activities, the trustees have had due regard to the Charity Commission’s guidance on public benefit. The trustees confirm that the charity’s activities during the year were carried out exclusively for charitable purposes and for the public benefit.

Review of Activities

During the year ended 31 December 2024, SLPU-UK supported charitable activities focused on:

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All activities were approved by the trustees and aligned with the charity’s objectives.

Financial Review

At the start of the year, the charity held unrestricted funds of £3,320.03

During the year:

Expenditure exceeded income as trustees approved significant charitable spending to meet identified needs. The year ended with unrestricted cash reserves of £389.12 .

Deficit-Year Explanation

The deficit for the year arose due to the timing of expenditure in relation to income, with trustees deliberately drawing on reserves built up in prior periods to fund charitable activities. Trustees are satisfied that the deficit reflects the delivery of the charity’s objectives rather than financial mismanagement.

Steps have been taken to strengthen fundraising, improve cashflow monitoring, and ensure future expenditure remains sustainable.

Reserves Policy

The charity does not operate a formal fixed reserves target. At 31 December 2024, unrestricted reserves stood at £389.12 . Trustees recognise this as a low level of reserves and have agreed to prioritise rebuilding unrestricted funds in the coming year.

Risk Management

Trustees have reviewed the principal risks facing the charity, including income volatility, reliance on member contributions, and low reserves. Mitigating actions include close trustee oversight of expenditure, regular financial review, and improved fundraising planning.

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Plans for Future Periods

Trustees intend to:

Trustees’ Responsibilities Statement

The trustees are responsible for keeping proper accounting records, preparing financial statements that give a true and fair view of the charity’s financial position, safeguarding the charity’s assets, and taking reasonable steps to prevent and detect fraud and other irregularities.

Approval

Approved by the trustees and signed on their behalf:

Chair of Trustees: Mohamed K. R. Mansaray

Date: _____

2. Receipts and Payments Account (FINAL)

Sierra Leone Patriotic Union (SLPU-UK)

Receipts and Payments Account For the year ended 31 December 2024

Receipts

Payments

Total payments: £10,158.91

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Cash Funds Reconciliation

Notes to the Accounts

  1. The accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011.

  2. The charity holds no permanent endowment funds.

  3. All funds at year end are unrestricted.

3. Final Cover Email to the Charity Commission

Email

Subject: SLPU Trustees’ Annual Report and Receipts and Payments Accounts 2024

Dear Charity Commission Team,

Please find attached the Trustees’ Annual Report and Receipts and Payments Accounts for Sierra Leone Patriotic Union (Charity Number 1204144) for the financial year ended 31 December 2024.

The accounts have been prepared on a receipts and payments basis and approved by the trustees. The Trustees’ Annual Report includes a review of activities, financial performance, and an explanation of the deficit recorded during the year.

Should you require any further information, please do not hesitate to contact us.

Yours faithfully,

M.Mansaray

Mohamed K. R. Mansaray

Chair of Trustees

Sierra Leone Patriotic Union (SLPU-UK)

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1. Charity Commission Filing Summary

(Annual Return / Accounts Upload)

Charity Name: Sierra Leone Patriotic Union (SLPU-UK) Charity Number: 1204144 Financial Year End: 31 December 2024

Sierra Leone Patriotic Union (SLPU-UK) continued to pursue its charitable objectives during the year ended 31 December 2024, supporting community development and welfare initiatives in Sierra Leone and community engagement activities in the UK.

The charity began the period with an opening balance of £3,320.03. Total income for the year amounted to £7,228.00, derived primarily from member contributions, voluntary donations, and fundraising activities. Total expenditure for the year was £10,158.91, reflecting grants, welfare support, and other costs directly related to delivering the charity’s charitable activities.

As expenditure exceeded income during the year, the charity recorded a net deficit, resulting in a closing cash balance of £389.12 at 31 December 2024. Trustees acknowledge the reduction in reserves and have taken steps to strengthen income generation and improve cashflow planning in future periods.

The trustees confirm that the charity operated in furtherance of its charitable purposes and in accordance with Charity Commission guidance on public benefit. The accounts have been prepared on a receipts and payments basis in line with applicable charity legislation.

2. Trustees’ Financial Review & Approval Statement

Financial Review

At the start of the reporting period, SLPU-UK held unrestricted funds of £3,320.03. During the year, total receipts of £7,228.00 were received, representing fundraising income and member contributions across the period.

Total payments for the year amounted to £10,158.91, primarily relating to charitable grants, community support initiatives, and necessary operational costs incurred in furtherance of the charity’s objectives.

The year ended with a cash balance of £389.12. Trustees note that significant payments made during the year contributed to the reduction in reserves and have therefore prioritised improved fundraising, tighter expenditure controls, and enhanced financial oversight going forward.

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Trustees’ Statement of Approval

The trustees confirm that they have approved the Trustees’ Annual Report and the Financial Statements for the year ended 31 December 2024.

The trustees acknowledge their responsibility for:

The trustees further confirm that they have had due regard to the Charity Commission’s guidance on public benefit.

Signed on behalf of the trustees:

Chair of Trustees: Mohamed K. R. Mansaray

Date: _____

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Appendix A

SLPU 2024 Acct Filing
Dates
Jun - Sep 2023
Sep-Oct 2023
Oct - Nov 2023
Nov 2023-Jan 2024
Jan-Feb 2024
Feb-Mar 2024
Mar - Apr
Mar - Apr
May - Jun
Jun - Jul
Jul - Aug
Aug - Oct
Oct - Dec
Dec- Jan 2025
Revenues & Disbursements
Total		 Begging Bal
Contributions
Disbursements
Ending bal
3,320.03
1,308.00
2,293.88
2,334.15
2,334.15
40.00
774.62
1,599.53
1,599.53
170.00
-
1,769.53
1,769.53
60.00
-
1,829.53
1,829.53
140.00
-
1,969.53
1,969.53
20.00
-
1,989.53
1,989.53
30.00
-
2,019.53
2,019.53
370.00
-
2,389.53
2,389.53
1,700.00
-
4,089.53
4,089.53
300.00
4,000.00
389.53
389.53
300.00
-
689.53
689.53
350.00
1,000.00
39.53
39.53
1,115.00
1,090.41
64.12
64.12
1,325.00
1,000.00
389.12
Revenue 2023
Revenue 2024
Expenses 2024
Ending Bal 2024
3,320.03
7,228.00
10,158.91
389.12

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