2023-03-31-accounts - Marshfield Village Hall

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

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: OAA UK TRUST

Charity registration number: 1188190

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the education of the pupils at Achimota School Ghana, by providing and assisting in the provision of facilities for education at the school.
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	The OAA UK Trust charity in line with its fundraising objectives, hosted a fundraising dinner event. The event brought the OAA alumni together and raised some funds.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had regard to the Charity Commission’s guidance on public benefit.

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

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

	SORP reference
Summary of the main 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.	Para 1.20	The charity experienced reduced donations than expected for the year. This shortfall was largely attributed to the cost of living crisis, with similar trends being widely reported by some organisations within the charities sector. While the annual fundraising dinner dance raised a reduced amount than we had hoped, the event achieved its objectives in bringing together our alumni, main donors and contributors as a way of their commitment to supporting the school.

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

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

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of this reporting period, the financial position is still stable. The OAA UK Trust has minimal overheads, the organisation is fully run and supported by volunteers.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We hold reserves to ensure the ongoing running of the organisation. The reserves enable the organisation to undertake prefunding activities such as paying deposits for the catering and venues used to host our fundraising and alumni events.
Amount of reserves held	Para 1.22	Due to the varied annual income, the organisation ensures that reserves are held. The actual amount varies and is determined annually.
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 OAA UK Trust is still optimistic about the future, even with the cost-of- living crisis which has generally led to reduced donations to charities such as ours. We will continue to host the Annual Fundraising Dinner Dance events, which is our main fund raiser.

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
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		The OAA UK Trust Charity consists of 3 Trustees and 7 members of the Executive Team.
Type of governing document (trust deed, royal charter)	Para 1.25	CIO Foundation Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation (CIO)
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	Trustees are generally appointed from the OAA body. Any member may submit nominations to the invitation for new Trustees by the published deadline ahead of the AGM. The nominees are presented at the AGM and selected through a process of voting for an initial term of 2years. This is ratified by trustees. There must be at least 3 charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee.

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

Reference and Administrative details

Charity name	OAA UK TRUST
Other name the charity uses	OAA UK

Registered charity number	1188190
Charity’s principal address	38 Claydown Way Slip End Luton LU1 4DU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
Richard Debrah	Lead Trustee	Whole Year	OAA UK TRUST
Francis Audrey Oboshie Torto-Annobil	Trustee	Whole Year	OAA UK TRUST
Abena Osei-Lah	Trustee	Whole Year	OAA UK TRUST

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

Director name

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 held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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 Name Address adviser

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

Signature(s) Full name(s) Richard Debrah Lead Trustee Chair, etc)

Date 29/01/2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Marshfield Village Hall On accounts for the year ended 31 March 2023 Charity no lif any) 509170 Set out on pages Attached (remember to IDGILJde the pagÉ ol oddilional shÈelsi I report to the trustees on my examination of the accounts of the above charity I'the Trust'l for the year ended .1 i rlEarcn ivii. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charitl8s A 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 the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention {other than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kepl in accordan with section 130 of the Act or the accoun15 do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be n in order to enable a proper understandi g of the accounts lo be r Please delete the ords in the brac they do not apply. Independent examiner's statement Signed: S P Horrigan Date: 21 February 2024 Name: S P Horrigan FCA, CTA Relevant professional qualification{sl or body lif any): Institute of Chartered Accountants in England & Wales IICAEW) Address: DHB Accountants Limited 110 Whitchurch Road Cardiff, CF14 3LY IER October 2018

CHARITY COMMISSIO FOR ENGLAND AND WALE Charit Nainc 509170 Receipts and payments accounts CC16a For thè p•rlod from To 0110412022 3110312023 Section A Receipts and payments Unrestrfjeted fund8 10t noarest Restricted funds Endowment fund5 Totsl lund$ Last year to thè Th•art £ toth& ngare8t£ to tho rawt£ tothe nurest£ Al Recei Rent and nconS Events Grants DOaon$ & MCC Coffee shop other 20,243 3.076 5,000 3,078 12.3S2 236 11352 236 Sub total[G$S incomg for AR) 41,713 41.713 A2 As8•t and Inv•8lment 8ale8, 18ee tabl•l. Sub total Total receipts 41,713 41.713 A3Pa ments Phonèliniemet Cleaning Events sei up Improvements In5ur8nce rates and ublrties Coffee shop Maintsn¥n¢e olh¢o Indudiro admin 1.432 6.99 2,269 1.147 296 1.432 3.269 1.147 14,269 1,B42 552 39.801 14.269 Sub total 552 39.801 A4 A88et and Inve$tment urchases,18ee tsble Sub total Total payments 39.801 J9.801 Alet of receIp{payments) 1.912 AS Tranolc+rn be¢n funds A8 Cash funds la8t year end Cash funds th1$ year end 1,912 15,900 17,812 IS,900 17.812 CCXX R1 accounts ISSI 2110212024

Section B Statement of assets and liabilities at the end of the period Unre8trl¢t•d Restricted funds fund¥ to n8arnst £ to ooarest£ Categories Endowment funds to ngareot É Detalls B1 Cash funds cash in hand 309 Bank Balar¢es 17.503 Totsl cash funds 17,812 (agree bAIAfthswth rIptirtd p¥yrreThts Ac¢t{sI) ,) OK Endowment fund• to ngar88t E Unrestrfct•d funds Restricted funds to n98rest£ Details to n•Af08t £ Details Fund towhlch a$t bglon Current valufr Co¥¢loWonall B3 Inv•8tm•nt a880ts Detall¥ Fnd to which a$8et b•ion eun8nt valu• 84 Assets retalned for th• Charity's own uso Co•t loptlon•ll Detsils Fund towhich relats¥ Arnount due tlonal Whon due onal B5 Liabilities Signed by one or rwo tru8tee5 on beham of all the trustees Signature Print Namè Date of roval Elllabeth Connolly 21-Fab-24 CCXX R2 accounts1SSI 2110212024