OpenCharities

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

2024-12-31-accounts

The Asra Hawariat School Fund

Financial Statements and Trustees Report

for the year ended 31 December 2024

David Harrison & Co

Chartered Accountants

The Asra Hawariat School Fund

Index Page
Information 1
Legal and administrative details 2
Trustees report 3
Independent Accountant’s report 6
Income and expenditure account
7
Detailed income 8
Balance sheet 9

INFORMATION

ACCOUNTANTS David Harrison & Co
Chartered Accountants
430 Upper Newtownards Road
Belfast
BT4 3GY.
BANKERS Ulster Bank Ltd
11-16 Donegall Square East
Belfast
BT1 5UB.
TRUSTEES
Date
Appointed Name Address
2001 Gillian Cloke 21 My Lady’s Mile
Holywood
BT18 9EW.
2001 Richard Cloke 21 My Lady’s Mile
Holywood
BT18 9EW.
1974 Nicholas Kaye 68 Cadogan Square
London
SW18 0EA.
1974 Timothy Kinahan
7 Meadow Grove
Crawfordsburn
BT19 1JL.
2017 Carolyn Barker Mill 23 Dawson Place
London
W2 4TH.
2017 Martha Street 4 Pitchcombe Gardens
Combe Dingle
Bristol
BS9 2RH.

ASRA HAWARIAT SCHOOL FUND

Legal and Administrative details

The Asra Hawariat School Fund was founded by a Declaration of Trust dated 10[th] October 1974, and is registered with the UK Charity Commission as Charity No.325121.The objects of the Charity are the relief of poverty and the advancement of education in Ethiopia through the work of the Asra Hawariat School. The Fund has no paid staff and is run on an entirely voluntary basis. The Trustees of the Fund are Gillian Cloke, Richard Cloke, Nicholas Kaye, Timothy Kinahan, Carolyn Barker Mill and Martha Street.

2

TRUSTEES REPORT 2024

The Asra Hawariat School in Addis Ababa, Ethiopia, is a non-fee paying, non-religious and non-political voluntary organization that for decades has worked with the poorest children and their families to provide an education as a route out of poverty. Since its foundation in 1961 by Asfaw Yemiru, an inspirational leader and educator, the school has educated over 125,000 children. Asfaw died in May 2021 and his wife Senayet Aklilu and her staff are working hard to maintain standards in the schools and carry forward Asfaw’s vision. For the past 30 years the Asra Hawariat School Fund has been the sole overseas funder of this work.

Since the school was founded, much has changed in Ethiopia. There is an emerging middle class and government education has, in some areas, caught up with Asra Hawariat. Where the Asra Hawariat remains unique is in its small classes, open and attractive campuses, a strong emphasis on educating girls, high levels of parental and alumni involvement and excellent exam results. The inspirational legacy of Asfaw still inspires the school and the local community – indeed, it seems to grow with each passing year. This gives the school significant leeway and security.

To date the political upheavals in various parts of the county have not impacted the school directly, but this does remain a concern. High inflation is to some extent offset by exchange rate fluctuations.

The School

This academic year (2023/24) the school has grown significantly, mainly because of the closure of several less-than-satisfactory private schools in the area. The government, in a vote of confidence in the school, placed many of these children in AHS. Numbers have risen from 831 in the previous academic year to 1010 now. There are 56 teaching staff.

3

The school follows the national curriculum (which has recently been revised), with greater emphasis placed on English language, science and maths. The school passed a Ministry of Education inspection, but has been asked to upgrade some of the facilities, most notably a new toilet block on the ‘Old Land’. This Fund has agreed to pay for this (estimate somewhere over £30,000). Also following this inspection the school has upgraded some of the fencing, repaired 6 classrooms and installed 36 noticeboards and a new gate to the ‘Old Land’.

Alumni

One of the highlights of the past few years has been the increasing role played by some of the school’s alumni, who have been contributing books for the school library, equipment for science classes, and clothes for those worst affected by the pandemic. They have also organized a blood donation session at the school. Some of their number take additional science classes on a Saturday morning. As young professionals they are very hands-on in supporting and advising the school administration in their efforts to implement and advance our Founder’s vision for the 21st century.

California-based alumni are also funding a borehole on the ‘Old Land’, so that the school has a reliable fresh water supply.

School Clubs

There are several lively and educational school clubs, including Health and Sanitation Club, Literature Drama and Music, Girls’ Club, Sports, Arts, Debating, Environmental Protection and Beautification.

Agriculture

The school farm was one of Asfaw’s personal interests, and his illness and death have meant that there is only a small plot now operational for student demonstration purposes.

4

Funding

The school budget for 2023/24 means that the Fund is now committed to sending £10,000 monthly out to the school. Inflation is high in the country, and salaries for teachers and other staff have had to be raised by 30%. These figures only cover the current day-to-day running costs of the schools. As outlined above the Fund will be facing additional demands to improve both the infrastructure of the schools but also to maintain and improve educational standards.

Thanks

Thanks are due, once again, to our Accountants, David Harrison & Co of Belfast who prepare our accounts without charge.

And not least, thanks to all our supporters, whose remarkable generosity in difficult economic times has ensured another good year, and who have helped turn so many dreams into reality.

Asra Hawariat School Fund (England and Wales registered Charity 325121) 7 Meadow Grove Crawfordsburn Bangor Co. Down BT19 1JL Northern Ireland

Tel. 07518 373 483

5

Independent Accountant’s Report

Report to the trustees

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the Asra Hawariat School Fund for the year ended 31 December 2024.

As the trustees, 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 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 Accountants Report

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

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.

David Harrison & Co Chartered Accountants 430 Upper Newtownards Road Belfast BT4 3GY 21 May 2025

6

The Asra Hawariat School Fund

Income & Expenditure Account for the year ended 31 December 2024

INCOME
EXPENSES
Research fee
Travel
Zoom
Good Thinking Design
Bank charges
NET INCOME
TRANSFERRED TO ASRA
HAWARIAT SCHOOL
EXCESS OF EXPENDITURE OVER
INCOME
BALANCE BROUGHT FORWARD
BALANCE CARRIED FORWARD
2024
£
99,277
560
537
156
132
0
1,385
97,892
120,000
-22,108
175,836
153,728
2023
£
122,007
18,761
0
144
117
25
19,047
102,960
110,000
-7,040
182,876
175,836

7

The Asra Hawariat School Fund

Detailed Income for the year ended 31 December 2024

Total Corporate, School, Trust
and Church Income
Other Income
From Friends
Tax Reclaimed from HMRC
HMRC Interest Received
Bank Interest Received
Total Income for the Year
2024
£
44,706
45,579
6,898
78
2,016
99,277
2023
£
36,892
74,577
8,343
94
2,101
122,007

8

The Asra Hawariat School Fund

Balance Sheet at 31 December 2024

CURRENT ASSETS
30 Day Business Reserve Account
Bank Current Account
Income Tax Recoverable
CAPITAL
Income & Expenditure Account
2024
£
121,544
25,208
6,976
153,728
153,728
2023
£
159,527
7,871
8,437
175,836
175,836

Rev T Kinahan Mr R Cloke Trustee Trustee

9

The Asra Hawariat School Fund

Financial Statements and Trustees Report

for the year ended 31 December 2024

David Harrison & Co

Chartered Accountants

The Asra Hawariat School Fund

Index Page
Information 1
Legal and administrative details 2
Trustees report 3
Independent Accountant’s report 6
Income and expenditure account
7
Detailed income 8
Balance sheet 9

INFORMATION

ACCOUNTANTS David Harrison & Co
Chartered Accountants
430 Upper Newtownards Road
Belfast
BT4 3GY.
BANKERS Ulster Bank Ltd
11-16 Donegall Square East
Belfast
BT1 5UB.
TRUSTEES
Date
Appointed Name Address
2001 Gillian Cloke 21 My Lady’s Mile
Holywood
BT18 9EW.
2001 Richard Cloke 21 My Lady’s Mile
Holywood
BT18 9EW.
1974 Nicholas Kaye 68 Cadogan Square
London
SW18 0EA.
1974 Timothy Kinahan
7 Meadow Grove
Crawfordsburn
BT19 1JL.
2017 Carolyn Barker Mill 23 Dawson Place
London
W2 4TH.
2017 Martha Street 4 Pitchcombe Gardens
Combe Dingle
Bristol
BS9 2RH.

ASRA HAWARIAT SCHOOL FUND

Legal and Administrative details

The Asra Hawariat School Fund was founded by a Declaration of Trust dated 10[th] October 1974, and is registered with the UK Charity Commission as Charity No.325121.The objects of the Charity are the relief of poverty and the advancement of education in Ethiopia through the work of the Asra Hawariat School. The Fund has no paid staff and is run on an entirely voluntary basis. The Trustees of the Fund are Gillian Cloke, Richard Cloke, Nicholas Kaye, Timothy Kinahan, Carolyn Barker Mill and Martha Street.

2

TRUSTEES REPORT 2024

The Asra Hawariat School in Addis Ababa, Ethiopia, is a non-fee paying, non-religious and non-political voluntary organization that for decades has worked with the poorest children and their families to provide an education as a route out of poverty. Since its foundation in 1961 by Asfaw Yemiru, an inspirational leader and educator, the school has educated over 125,000 children. Asfaw died in May 2021 and his wife Senayet Aklilu and her staff are working hard to maintain standards in the schools and carry forward Asfaw’s vision. For the past 30 years the Asra Hawariat School Fund has been the sole overseas funder of this work.

Since the school was founded, much has changed in Ethiopia. There is an emerging middle class and government education has, in some areas, caught up with Asra Hawariat. Where the Asra Hawariat remains unique is in its small classes, open and attractive campuses, a strong emphasis on educating girls, high levels of parental and alumni involvement and excellent exam results. The inspirational legacy of Asfaw still inspires the school and the local community – indeed, it seems to grow with each passing year. This gives the school significant leeway and security.

To date the political upheavals in various parts of the county have not impacted the school directly, but this does remain a concern. High inflation is to some extent offset by exchange rate fluctuations.

The School

This academic year (2023/24) the school has grown significantly, mainly because of the closure of several less-than-satisfactory private schools in the area. The government, in a vote of confidence in the school, placed many of these children in AHS. Numbers have risen from 831 in the previous academic year to 1010 now. There are 56 teaching staff.

3

The school follows the national curriculum (which has recently been revised), with greater emphasis placed on English language, science and maths. The school passed a Ministry of Education inspection, but has been asked to upgrade some of the facilities, most notably a new toilet block on the ‘Old Land’. This Fund has agreed to pay for this (estimate somewhere over £30,000). Also following this inspection the school has upgraded some of the fencing, repaired 6 classrooms and installed 36 noticeboards and a new gate to the ‘Old Land’.

Alumni

One of the highlights of the past few years has been the increasing role played by some of the school’s alumni, who have been contributing books for the school library, equipment for science classes, and clothes for those worst affected by the pandemic. They have also organized a blood donation session at the school. Some of their number take additional science classes on a Saturday morning. As young professionals they are very hands-on in supporting and advising the school administration in their efforts to implement and advance our Founder’s vision for the 21st century.

California-based alumni are also funding a borehole on the ‘Old Land’, so that the school has a reliable fresh water supply.

School Clubs

There are several lively and educational school clubs, including Health and Sanitation Club, Literature Drama and Music, Girls’ Club, Sports, Arts, Debating, Environmental Protection and Beautification.

Agriculture

The school farm was one of Asfaw’s personal interests, and his illness and death have meant that there is only a small plot now operational for student demonstration purposes.

4

Funding

The school budget for 2023/24 means that the Fund is now committed to sending £10,000 monthly out to the school. Inflation is high in the country, and salaries for teachers and other staff have had to be raised by 30%. These figures only cover the current day-to-day running costs of the schools. As outlined above the Fund will be facing additional demands to improve both the infrastructure of the schools but also to maintain and improve educational standards.

Thanks

Thanks are due, once again, to our Accountants, David Harrison & Co of Belfast who prepare our accounts without charge.

And not least, thanks to all our supporters, whose remarkable generosity in difficult economic times has ensured another good year, and who have helped turn so many dreams into reality.

Asra Hawariat School Fund (England and Wales registered Charity 325121) 7 Meadow Grove Crawfordsburn Bangor Co. Down BT19 1JL Northern Ireland

Tel. 07518 373 483

5

Independent Accountant’s Report

Report to the trustees

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the Asra Hawariat School Fund for the year ended 31 December 2024.

As the trustees, 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 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 Accountants Report

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

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.

David Harrison & Co Chartered Accountants 430 Upper Newtownards Road Belfast BT4 3GY 21 May 2025

6