2021-04-05-accounts - The Takk Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date 05 04 2020 05 04 2021

From

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 290753

The Takk Trust

Charity's principal address Freshfieds Mutton Hall Hill Heathfield Postcode TN21 8NL

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	AudreyTelford
	David Jonathan Smith	Chair
	David Farey
	Stephen Smith
	Paul Sefa
	Deanne Marbell
	Esther Armah
	BettyCooper
	Debbie Robinson

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Deed

Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Enquiry among supporters Trustee selection methods

(eg. trust, association, company)
(eg. appointed by, elected by)

Additional governance issues (Optional information)

The trustees oversee the day to day running of the Trust You may choose to include A weekly meeting of the Chair, Mission Director, UK lead and Africa lead additional information, where is used to keep trustees informed and engaged with all operational relevant, about: matters.

policies and procedures DBS checks are in place for all employees The beloved missionary school is registered with the Ghanaian education
adopted for the induction and training of trustees; department, with representation of the trustees on the the school’s board The mission director retains his accreditation as a minister within the the
 the charity’s organisational Church of England structure and any wider Policies are reviewed on an annual basis. network with which the charity All trustees give their time voluntarily and received no remuneration or works; other benefits.
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Advancement of the Christian religion

Summary of the objects of the charity set out in its governing document

TAR

March 2012

The Trust currently focuses its resources on 4 key functions:

Teaching and training in Christian activities in U.K. and Africa

Christian ministry through active contribution to the life of the Church in the UK, Europe and Africa

Education (K-12) in Africa through the provision of the ‘beloved missionary school’ in Accra, Ghana

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Mercy and relief of hardship

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Our work in Africa advances slowly but steadily, and new leaders are being trained for future projects. The African work is now totally led by Africans, which has been our goal from the outset.

On the base, the primary school has just completed its first full-term. The Government shut all schools for nearly a year. We now have 10 teachers and 73 children.

We had a significant legacy come into the trust during the year and this enabled us to complete the build of the first phase of the main school, and we are hoping to open 2 classrooms to our primary school alumni September. Our churches - Freedom, Joyful and Beloved are doing well

Our online work is extensive, and we estimate approx. 1500 -2000 people are in our various web teaching and training projects. This is backed up by our publications, which now number 8. These are available online or in hard copy. We now have several online video projects that are proving effective in reaching people

A note on Covid

The two employees of the Trust were in Ghana when the first UK lock down was announced in March 2020.The trustees agreed to furloughing the two employees whilst at the same time providing additional subsistence as deemed essential for their protracted stay in Ghana. During the early part of the pandemic in Ghana we were able to feed 200 people known to use through our church activity and community engagement

TAR

March 2012

Section E Financial review

Brief statement of the

We maintain a minimum to cover on-going projects and 3 months salary commitments to both UK and African staff.

charity’s policy on reserves

We believe money is given to spend not to hold.

Details of any funds materially in deficit

Zero

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;

Money comes in through regular giving and one off donations.

We have been able to fund electrical updates to the Kindergarten (Nursery school), security/safeguarding for the school base, the first floor of the main school, Covid-19 feeding programme and creation of plans for a teacher training school

We make no reference to a person’s faith in matters of mercy or relief of hardship

investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) David Jonathan Smith Position (eg Secretary, Chair, Chair etc)

Date 30/01/2022

TAR

March 2012

The Takk Trust	The Takk Trust	The Takk Trust	Charity No (ifany)	290753
Annual accounts for the period
Period start date	06-Apr-20	To	Period end date	05-Apr-21

Section A Statement of financial activities

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
253,975	-	-	253,975	116,364
-	-	-	-	-
15	-	-	15	-
11	-		11	5
29,914	-	-	29,914	-
-	-	-	-	-
283,915	-	-	283,915	116,369

-	-	-	-	-
232,395	-	-	232,395	102,944
-	-	-	-	-
-	-	-	-	-
232,395	-	-	232,395	102,944

51,520	-	-	51,520	13,425
-	-	-	-	-
51,520	-	-	51,520	13,425
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
51,520	-	-	51,520	13,425

25,045	-	-	25,045	11,620
76,565	-	-	76,565	25,045

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
76,565	-	-	76,565	25,045
76,565	-	-	76,565	25,045

-	-	-	-	-

76,565	-	-	76,565	25,045

76,565	-	-	76,565	25,045

-	-	-	-	-
-	-	-	-	-

76,565	-	-	76,565	25,045

-			-	-
	-		-	-
76,565		-	76,565	25,045
			-
76,565	-	-	76,565	25,045

Signature		Print Name		Date of approval dd/mm/yyyy
		David Smith		31/01/2022

CC17a (Excel)

31/01/2022

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by  FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Where accounts concern basis, p together with the prepared the ac the charity is no concern. Disclosure of an going concern a An explanation a support the conc going concern; 1.3 Change of The accounts pr	are not prepared on a going lease disclose this fact basis on which the trustees counts and the reason why t regarded as a going y uncertainties that make the ssumption doubtful; s to those factors that lusion that the charity is a accounting policy esent a true and fair view and	are not prepared on a going lease disclose this fact basis on which the trustees counts and the reason why t regarded as a going y uncertainties that make the ssumption doubtful; s to those factors that lusion that the charity is a accounting policy esent a true and fair view and	Not applicable
			Not applicable
			Not applicable
			the accounting policies adopted are those outlined in note 2.
Yes No		* -Tick as appropriate
	

Please disclose:

*Please disclose:*
*(i) the nature of the change in accounting policy;*	Adoption of accruals basis for preparation of accounts as income >£250k for the first time this year.
*(ii) the reasons why applying the new accounting* *policy provides more reliable and more relevant* *information; and*	Requirement as income >£250k
*(iii) the amount of the adjustment for each line* *affected in the current period, each prior period* *presented and the aggregate amount of the* *adjustment relating to periods before those* *presented, 3.44 FRS 102 SORP.*	Not applicable

1.4 Changes to accounting estimates

No changes to a	ccounting	estimates have occurred in the reporting period (3.46 FRS 102 SORP).	estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes No		* -Tick as appropriate
	
*Please disclos*	e:
*(i) the nature o*	*f any cha*	*nges;*	Not applicable
*(ii) the effect of* *assets and liab*	*the chan* *ilities for*	*ge on income and expense or* *the current period; and*	Not applicable
*(iii) where prac* *or more future*	*ticable, t* *periods.*	*he effect of the change in one*	Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No		* -Tick as appropriate
	

Please disclose:

*Please disclose:*
*(i) the nature of the prior period error;*	Not applicable
*(ii) for each prior period presented in the accounts,* *the amount of the correction for each account line* *item affected; and*	Not applicable
*(iii) the amount of the correction at the beginning of* *the earliest prior period presented in the accounts.*	Not applicable

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income	These are included in the Statement of Financial Activities (SoFA) when:
	 the charity becomes entitled to the resources;
	· it is more likely than not that the trustees will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
	There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting	or permitted by the FRS 102 SORP or FRS 102.
	Grants and donations are only included in the SoFA when the general income
Grants and donations	recognition criteria are met (5.10 to 5.12 FRS102 SORP).
	In the case of performance related grants, income must only be recognised to the extent
	that the charity has provided the specified goods or services as entitlement to the grant
	only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies	Legacies are included in the SOFA when receipt is probable, that is, when there has
	been grant of probate, the executors have established that there are sufficient assets in
	the estate and any conditions attached to the legacy are either within the control of the
	charity or have been met.
Government grants	The charity has received government grants in the reporting period
	Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on	donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
donations and gifts	and is treated as an addition to the same fund as the initial donation unless the donor or
	the terms of the appeal have specified otherwise.
Contractual income and	This is only included in the SoFA once the charity has provided the related goods or
performance related	services or met the performance related conditions.
grants
Donated goods	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
	The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
	the fair value of those gifts at the time of their receipt and they are recognised on receipt.
	In the reporting period in which the stocks are distributed, they are recognised as an
	expense at the carrying amount of the stocks at distribution.
	Donated goods for resale are measured at fair value on initial recognition, which is the
	expected proceeds from sale less the expected costs of sale, and recognised in 'Income
	from other trading activities' with the corresponding stock recognised in the balance
	sheet. On its sale the value of stock is charged against 'Income from other trading
	activities' and the proceeds from sale are also recognised as 'Income from other trading
	activities'.
	Goods donated for on-going use by the charity are recognised as tangible fixed assets
	and included in the SoFA as incoming resources when receivable.
	Gifts in kind for use by the charity are included in the SoFA as income from donations
	when receivable.
Donated services and	Donated services and facilities are included in the SOFA when received at the value of
facilities	the gift to the charity provided the value of the gift can be measured reliably.
	Donated services and facilities that are consumed immediately are recognised as
	income with an equivalent amount recognised as an expense under the appropriate
	heading in the SOFA.
Support costs	The charity has incurred expenditure on support costs.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Income from interest,	This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends	be measured reliably.
Income from membership	Membership subscriptions received in the nature of a gift are recognised in Donations
subscriptions	and Legacies.
	Membership subscriptions which gives a member the right to buy services or other
	benefits are recognised as income earned from the provision of goods and services as
	income from charitable activities.

Yes No N/a	Yes No N/a	Yes No N/a
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Yes No N/a	Yes No N/a	Yes No N/a
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Yes No N/a
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Yes No N/a
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POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Note 3 Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income	Analysis of income
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations andgifts 119,662 - - 119,662 108,468 Gift Aid 14,313 - - 14,313 7,896 Legacies 120,000 - - 120,000 - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 253,975 - - 253,975 116,364 - - - - - - - - - - - - - - - Other - - - - - Total - - - - - Book sales 15 - - 15 - - - - - - - - - - - Other - - - - - Total 15 - - 15 - Interest income 11 - - 11 5 Dividend income - - - - - Rental and leasingincome - - - - - Other - - - - - Total 11 - - 11 5 Coronavirus Job Retention Scheme 29,914 - - 29,914 - - - - - - - - - - - - - - - - Total 29,914 - - 29,914 - Conversion of endowment funds into income - - - - - Gain on disposal of a tangible fixed asset held forcharity's ownuse - - - - - Gain on disposal of a programme related investment - - - - - Royalties from the exploitation of intellectual propertyrights - - - - - Other - - - - - Total - - - - - 283,916 - - 283,916 116,369 Other information: Analysis Donations and legacies: Charitable activities: TOTAL INCOME Other: Other trading activities: Income from investments: Separate material item of income:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
	Donations andgifts	119,662	-	-	119,662	108,468
	Gift Aid	14,313	-	-	14,313	7,896
	Legacies	120,000	-	-	120,000	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	253,975	-	-	253,975	116,364

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

	Book sales	15	-	-	15	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	15	-	-	15	-

	Interest income	11	-	-	11	5
	Dividend income	-	-	-	-	-
	Rental and leasingincome	-	-	-	-	-
	Other	-	-	-	-	-
	Total	11	-	-	11	5

	Coronavirus Job Retention Scheme	29,914	-	-	29,914	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	29,914	-	-	29,914	-

	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held forcharity's ownuse	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		283,916	-	-	283,916	116,369

All income in the prior year was unrestricted except for: (please provide description and amounts)
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.




Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1 Government grant 2 Government grant 3 Other Government grant 1 Government grant 2 Government grant 3 Other *Please provide details of any* *unfulfilled conditions and other* *contingencies attaching to grants* *that have been recognised in* *income.*	Description	Description	This year £
	Coronavirus Job Retention Scheme		29,914
			-
			-
			-
	Total Description		29,914
			Last year £
	Coronavirus Job Retention Scheme		-
			-
			-
			-
	Total - Thisyear Lastyear		-

	Thisyear Lastyear

Please give details of other forms of government assistance from which the charity has directly benefited.

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Expenditure on raising funds:	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds £ This year Last year
Incurred seeking donations	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-
Operating membership schemes and social lotteries	-	-	-	-
Staging fundraising events	-	-	-	-
Fudraising agents	-	-	-	-
Operating charity shops	-	-	-	-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-
Other trading activities	-	-	-	-
Investment management costs:	-	-	-	-
Portfolio management costs	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-
	-	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-	-
Expenditure on charitable activities:
Buidling project(donated to Beloved MissionarySchool)	119,451	-	-	119,451	-	-	-
Direct donations to Beloved Missionary School &	40,240	-	-	40,240	55,927	-	-
In-country charitable activities	39,854	-	-	39,854	43,224	-	-
Exceptional Covid-19 costs	26,822	-	-	26,822	-	-	-
Total expenditure on charitable activities	226,367	-	-	226,367	99,152	-	-
Separate material item of expense
	-	-	-	-	-	-	-
	-	-	-	-	-	-	-
	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-
Other
Adminstration	3,630	-	-	3,630	2,963	-	-
Miscellaneous expenses	2,399	-	-	2,399	830	-	-
	-	-	-	-	-	-	-
	-	-	-	-	-	-	-
TOTAL EXPENDITURE Total other expenditure	6,028	-	-	6,028	3,793	-	-
	232,395	-	-	232,395	102,944	-	-

Other information:

Analysis of expenditure on charitable activities

CC17a (Excel)

31/01/2022

	Thisyear	Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear
Activity or programme	Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs
	£	£	£	£	£	£	£
Activity1	-	-	-	-	-	-	-
Activity2	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-

CC17a (Excel)

31/01/2022

Total funds £ - - - - - - - - - - - - - - - - - - - -

55,927 43,224 - 99,152 - - - -

2,963 830 - - 3,793 102,944

CC17a (Excel)

31/01/2022

Total last year £ - - - -

CC17a (Excel)

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Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 11 Paid employees Please complete this note if the charity has any employees.

11.1 Staff Costs

This year: Last year: Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party	This year £	Last year £
	33,485	33,485
	6,369	6,114

	-	-
	39,854	39,599

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

Band	Number of employees	Number of employees
	This year -	Last year -
£60,000 to £69,999
£70,000 to £79,999	-	-
£80,000 to £89,999	-	-
£90,000 to £99,999	-	-
£100,000 to £109,999	-	-

Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.
	Thisyear	Lastyear
	£	£
	-	-

CC17a (Excel)

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11.2 Average head count in the year

The parts of the charity in which the employees work

	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	-	-
Governance	-	-
Other	-	-
Total	-	-

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

This year Last year

Please state the legal authority or reason for making the payment

This year Last year

Please state the amount of the payment (or value of any waiver of a right to an asset)	Thisyear	Lastyear
	£ -	£ -

CC17a (Excel)

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11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Please state the accounting policy for any redundancy or termination payments The extent of redundancy funding at the balance sheet date The nature of the payment (cash, asset etc.) Total amount of payment	Thisyear	Lastyear
	£ -	£ -



	Thisyear	Lastyear
	£ -	£ -

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 13 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

This year:

13.1 Analysis of grants paid (included in cost of charitable activities)

Analysis	Grants to institutions	Grants to individuals	Support costs	Total
			£	£
Directors of the Beloved Missionary School	119,451.00	-	-	119,451.00
Direct donations of running costs to School Directors of the Beloved MissionarySchool	40,240.00	-	-	40,240.00
*Total*	159,691	-	-	159,691

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.2 Grants made to institutions

*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of* *the grant and total paid to each institution is available on the charity's web* *site.*	*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of* *the grant and total paid to each institution is available on the charity's web* *site.*	*Yes*	*Please provide* *details of* *charity's URL.*
		No	*Provide details* *below*

Names of institution	Purpose		Total amount of grantspaid £
Beloved missionary school, Ghana	Education to K12		159,691
			-
			-
			-
			-
			-
			-
			-
			-
			-
*TOTAL GRANTS PAID* *Other unanalysed grants* *Total grants to institutions in reporting period*			159,691
			-
			159,691

CC17a (Excel)

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Last year:

13.3 Analysis of grants paid (included in cost of charitable activities)

Analysis	Grants to institutions	Grants to individuals	Support costs £	Total £
Activity or project 1	-	-	-	-
Activity or project 2	-	-	-	-
Activity or project 3	-	-	-	-
Activity or project 4	-	-	-	-
*Total*	-	-	-	-

Please enter “Nil” if the charity does not identify and/or allocate support costs.

13.4 Grants made to institutions

*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of* *the grant and total paid to each institution is available on the charity's web* *site.*	*My charity has made grants to particular institutions that are material in the* *context of its grantmaking. Details of the institution supported, purpose of* *the grant and total paid to each institution is available on the charity's web* *site.*	*Yes*	*Please provide* *details of* *charity's URL.*
		No	*Provide details* *below*

Names of institution	Purpose		Total amount of grantspaid £
			-
			-
			-
			-
			-
			-
			-
			-
			-
			-
*TOTAL GRANTS PAID* *Total grants to institutions in reporting period* *Other unanalysed grants*			-
			-
			-

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year £	Last year £
	-	-
	-	-
	76,565	25,045
	-	-
	76,565	25,045

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.	Thisyear Lastyear	Thisyear Lastyear
	N/A	N/A

	N/A	N/A

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

*funds*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Designated fund for feeding localcommunity	UR	Feeding local community and construction workers during Covid pandemic during construction of school buildings to be donated to the School Directors of the BelovedMissionary School	-	-	-3,040	7,000	-	3,960
Designated fund for emergency supportforteachers	UR	Contingency for paying teacher salaries for the School Directors of the Beloved Missionary Schoolduring Covid pandemic	-	-	-	2,305	-	2,305
Unrestricted General Reserve	UR	Generalpurposes ofthe charity	25,045	283,915	- 229,355	-9,305	-	70,300
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			25,045	283,915	- 232,395	-	-	76,565

CC17a (Excel)

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CC17a (Exeell 72 3110112022

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

*funds*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Unrestricted General Reserve	UR	Generalpurposes ofthe charity	11,620	116,369	- 102,944	-	-	25,045
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			11,620	116,369	- 102,944	-	-	25,045

CC17a (Excel)

31/01/2022

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name of trustee order, governing contribution (including
document) loss of
office)/ex
gratia
£ £ £ £ £
-
- - - - -
- - - - -
- - - - -
----- End of picture text -----

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

----- Start of picture text -----
TRUE
----- End of picture text -----

Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
£	£		£	£
				-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

CC17a (Excel)

31/01/2022

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)		*TRUE*

Type of expenses reimbursed	This year	Last year
	£	£
Travel	-	-
Subsistence	-	-
Accommodation	-	-
Other (please specify):	-	-
	-	-
TOTAL	-	-

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False) FALSE

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Independent examiner’s report to the trustees of the Takk Trust

I report to the trustees on my examination of the accounts of the Takk Trust (the Trust) for the year ended 5 April 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of The Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act;
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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Gareth Prior, FCMA

1 February 2022