WILLIAM WILSON YIILLIAbJl WILSON 8T18 9HX +4410128 SS82 0240 Educate The Orphans Report and Accounts 31 December 2023 Charlty reglstration number". 102736 ETO Ministries
Educate The Orphans Report and accounts for the year ended 31 December 2023 Contents Page Trustees. Annual Report Statement of trustees. responslbilities Independent Accountanfs Report Funds Statements.". statement of Financial Activities Statement of Financial Activities - Prior Year statement Movements in funds 12 13 14 Balance sheet Notes to the accounts 15 16
Educate The Orphans Trustees. Annual Report for the year ended 31 December 2023 The Trustees present their Report and Accounts forthe year ended 31 December 2023. Reference and administrative details The chanty name The legal name of the charity is.-. Educate The Orphans The charity is also known as, ETO Ministries The charitys areas of operation and UK charitable registration The charity is registered in Northern Ireland with the Charity Commission in Northern Ireland (CCNI) wth charity number 102736 Legal structure of the charity The charity is constituted as a an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity. There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The trustees are all individuals. The principal oparatlng address, telephonè number. email and web addresses of the charity are:_ 27 Neills Hill Park Belfast BT5 6FL Web address www.eto-ministries.org The Trustees in office on the date the report was approved were".- Mr J Lander Mr R Moffett Mr K Smyth The following person5 served as Trustees during the year ended 31 Doc8mber 2023 :. The trustees who served as a trustee in the reporting period were as shown above. and there were no Changes during the year, or in the period been the year end and the approval of the accounts. All the trustees are a150 members of the charity.
Educate The Orphans Trustees, Annual Report for the year ended 31 December 2023 Objects and activities of the charity The purposes of the charity as set out in its governing document The purposes of the charity are to promote the Christian religion. relieve poverty, and advance education among poor, disadvantaged or orphaned children in the area of benefit and in particular- to promote religion through practical demonstrations of Christian charity. The main activities undertaken in relation to those purposes during the year Educate the Orphans is a small Christian charity working in Kenya wth orphaned and needy children. Our goals are primarily to feed, clothe and educate dests-tute children, with the emphasis mainly on education. We have been active in Tharaka, Kenya since 1990 and in that time we have built and run seven schools which currently educate and feed over 3,000 children. Educate the Orphans do not run an orphanage but instead we assist wider family circles to take the orphanedlneedy children into their homes to give them a family upbringing, whilst Educate the Orphans shoulder the financial burden. We operate a family orientated charity Vth sponsorship being our main source of funding, ere the children are adopted" by our donors. We encourage communication beteen our sponsors and the children. Most of the children educated by Educate the Orphans are now fully employed - some of them as teachers, pastors, dressmakers, shoemakers, etc. with some even working for Educate the Orphans. Others are in the government, police and army and some work for the office for the President of Kenya including Shadrack (Chief Financial Officer for the county of Tharaka). Eluid (Deputy Governor of Tharaka) and John (a bishop in EPAC).
Educate The Orphans Trustees. Annual Report for the year ended 31 December 2023 The main activities undertaken during the year to further the charity s purpose for the public benefit 2023 was a very difficult year for the Kenyan people due to sustained drought and high inflation. however we are pleased to report that thanks to God's provision ETO was once again able to feed, clothe and educate the poor and needy orphans of Tharaka, Kenya. Many of our children continue to excel in their studies, at schools, colleges, and universities. Livingstone our ETO Kenyan director reported that, 'all our ETO children received their school fees as per the budget and we had no case of drop out due to lack of school fees,. We continue to publish photographs of former ETO children on our website, showng the prominent jobs and positions they now hold in industries lch as in Business and Government. Many of our children Continue to leam horticulture and agriculture as part of their school studies on ourtwo ETO Farms. This year we also purchased an additional 6 acres of land right beside our school in Mungana Anna which will be used for famiing, increasing food produGtion (to help us feed our children) and as an additional resource to continue to teach HortlGulture, Agriculture and ETO'S programme 'farming Gods way, to our children. During this year we have been able to increase food production on our farms. This has helped to protect ETO from rising inflation and food ¢osts while at the same time ensuring our children can eat a More balanced diet. Thanks to the amazing generosity of ETO sponsors and donors we were able to meet the needs of many hundreds of people. Obeying Jesus's command that'you feed them., Having sent over £129,000 this year the ETO trustees are satisfied that all elements of Public Benefit requirements are being met and adhered to.
Educate The Orphans Trustees, Annual Report for the year ended 31 December 2023 Direct Benefrts flowng from the purposes include.. The provision of free education, such as the teaching of basic literacy, numeracy and lrfe skills which can enable the beneficiaries to find employment in the future or, at a minimum, to be able to read and write, from nursery school up to and including secondary school, under the Kenyan Government curriculum. We also help support some students through technical college or university, where appropriate. This education a150 includes a greater understanding of the Christian faith. . The teaching of agricultural and horticultural skills, vthich aid 5elf-sufficiency and food production that also leads to health benefits. The direct provision of food and sustenance during periods of drought or famine. We have an ongoing policy that we will provide at least (2) meals every day. for every child who attends any of our schools. The meals consist of a grain cereal. Sorghum porridge at breakfast time. Boiled maizelmillet, chickpeas and beans, which is the stable diet of the local people, which now includes our home grown fresh fruits.. watermelon, bananas, oranges, groundnuts, and mangoes (Sometimes a little meat is provided, when and where possible.) other direct health benefits through projects such as the provision of fresh water through our vKter treatment plant. The benefits can be demonstrated as tangible through the practical building and existence of 7 s¢hoo15, a 10 bed maternity uni( a water treatment plant (and the supply of clean water to many hundreds of people from it) and through reports, photographs and other resources available at eto-ministries.org as well as feedback from those who have visited the work in Kenya. We fail to see how any harm could come to any of the children in any way by our work and we would not be involved in it if there were any chance of harm to any child with the beneficiaries from ourwork are orphaned and needy children, and some oldfinfirm people of Tharaka, Kenya. There are positively no private benefrts to any personlorganization involved in or connected to the work of Educate the Orphans which are more than incidental,. some Kenyan staffing is employed to look after the children in Kenya, helping to feed, teach and care for them. The payment of such staff is incidental to the fulfilment of the purposes. Othemse, we are all volunteers and pay all of our own expenses. No fees are charged- we operate a completely free service to all our beneficiaries, vtho are all the neediest of children. and old people in the bush area of Tharaka, Kenya, 0 would have absolutely no chance of any kind of lrfe without the help ¢)f EdiJr.atp. thp Orphans. The trustees have had regard to the Charity Commission's guidance on public benefrt in managing the aGtivities of the charity.
Educate The Orphans Trustees. Annual Report for the year ended 31 December 2023 The main achievements and performance of the charity during the year In 2023 ETO again had another successfull year, meeting our call to feed, clothe and educate the poor and needy orphans of Tharaka, Kenya. We would like to express our gratitude to all participated and donated time or money to help Educate the Orphans. During this year ETO has undertaken a number of additional projects, listed below. We repaired and better secured the solar panel pump at Kamathakame, which had been damaged by a hippopotamus. We bought new clothing for the orphan children (and the lady who looks after them) at Itugururu. .We bought an additional 6 acres of land at Munguna Anna school to be used as farming land to produce additional food and to continue teaching our Children horticulture and agriculture skills, including ETOS programme 'farming Gods way. Famine relief One of our most important programs is our Famine relief programme where we have undertaken to feed many hundreds of destitute old people. Due to the continued famine and drought in Kenya the need for this programme only grows. In 2023 ETO continued this programme and distributed food to those old people in need. Our ETO Shambas (Farms) We are pleased to report that both ETO Farms are still producing well. During 2023 we successfully increased the level of food production on these famis which has helped our children eat a more balanced diet. These farms continue to help us mitigate rising food pri¢es vA)ile still feeding our children. Fundraising activities during the year ETO relies on the voluntary donations that it receives by way of standing order5 and other sundry donations. In addition to this we also held a book launch for Bobby Moffett autobiography, 'a man the colour of meat,, which includes his testimony of how ETO was founded. All proceeds from the sales of this book went directly to ETO raising over £4,000. We would like to say a big thank you to everyone who purchased, donated at or after this event and pray his book would be a blessing to you as you read about Gods works in Kenya. We thank Him for his continuing provision and blessing over ETO. Thanks be to God for his continuing provision and blessing over ETO Kenya. Educate the Orphans would like to thank all our sUPPOrters who.. - -Have been praying continuously for the work of ETO -Donated to our various projects -volunteered with us by giving up their time.
Educate The Orphans Trustees, Annual Report for the year ended 31 December 2023 The difference the charity's performance during the year has made to the beneficiaries of the charity and the wider society The details of the positive impact the charrty has made in the lives of the poor, disadvantaged or orphaned children in Tharaka, Kenya and to the wider society in that area can be found in the other sections of this report, namely.. The main activities undertaken during the year to further the charity's purpose for the public benefit- The main achievements and performance of the charity during the year. Structure, governance and management of the charity The methods used to recruit and appoint new charity trustees The charity reGruits and appoints trustee5 Wth a range of skills, experience and kno)Medge in keeping with the pursuance of its objects. Financial review The charity s financial position at the end of the year ended 31 December 2023 The financial position of the charty at 31 December 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:_ 2023 2022 Net expenditure (27,880) (48,053) Unrestricted Revenue Funds available for the general purposes of the charity 36,878 64,758 Total Funds 36.878 64,758 Financial review of the position at the repong date. 31 December 2023 The trustees consider the financial performance of the charity during the year to be satisfactory.
Educate The Orphans Trustees, Annual Report for the year ended 31 December 2023 Policies on reserves The charity aims to hold an amount in reserves that is equivalent to the running costs for a year. As at 31 December 2023 the charity held £36.878 in reserves and this would be sufficient to run the charity for approximately five months based on current levels of expenditure. However, as very litue of the running costs are fixed costs the reserves are deemed to be sufficient. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the Charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Detsils of The Independent Examiner William Wilson Member of Chartered Accountants Ireland 25 Shore Road Holywood BT18 gHX Statement of Trustees. Responslbllltles The ¢harity's trustees are responsible for the preparation of the account5 in accordance with the terms of the Charities (Northern Ireland) Act 2008, as amended and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 In particular, Gharity law requires the Trustees, if they prepare accounts on an accruals basis. to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing lho¢ financi81 gt8tement3 the Tw3tee$ are required to to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concem basis unless It is inappropriate to presume that the charity wll continue in business- state Nthether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
Educate The Orphans Trustees. Annual Report for the year ended 31 December 2023 The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or defiGIt of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and lch are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities (Northern Ireland) Act 2008, as amended. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the Contents of the Trustee5' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees. report is limf(ed to examining the report and ensuring that , on the face of the report. there are no material inconsistencies with the figures disclosed in the financial statements. Thi5 report was approved by the board of trustees on 3 June 2024. Mr R Moff8tt Trustee
WILLIAM WILSON WILLIAM WILSON CharteredAccournanrs 25 Shoie Roarj 8T18 9HX +4410128 9S92 0240 k*W8cunt8ncy.c0rn Educate The Orphans Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023 I report on the financial statements of the charity on page5 12 to 21 for the year ended 31 December 2023 which have been prepared in accordance with the Charities (Northern Ireland) Act 2008, as amended (the AGtI and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), published by the Charity Commission in Northern Ireland (CCNI) , effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out on page 16. Respective responsibilities of the Trustees and the Independent Examiner As described on page 8, the charty's Trustees are responsible for the preparation of the accounts. The Trustees consider that the audtt requirement of 65(2) of The Charitie5 (Northern Ireland) Act 2008, as amended (The Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, theTrustees have elected that the financial statement5 be subject to independent examination. Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible far independent examination. it is my responsibility to:_ a) examine the accounts under Section 65(3) of the Act., b) follow the procedures in the Directions to Independent Examiners made by the Charity Commission in Northern Ireland and- c) state whether particular matters have come to my attention.
WILLIAM WILSON WILLIAM WILSO Chartered AccouMan¢8 25 Road BT18 gp +4410128 9592 0240 www i*waccounl8ncy.com Educate The Orphans Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023 Basis of Independent Examinor's Statement and scope of work undertaken I conducted my examination in accordan¢e with the Directions to Independent Examiners made by the Charity Commission in Northern Ireland, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review ofthe accounting records kept by the charity and of the a¢¢ounting systems employed by the charity and a comparison of the financial statements presented with those records. It also indudes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, conceming such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial ststements. The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by theTrustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, l express no opinion as to whether the financial statements give a true. and fair vip.w nf thp. affair8 nf thp rharity, and my rpport is limited to the matters set out in the statement below. I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report l obtained written assurances from the Trustees of all material matters. 10
WILLIAM WILSON WILLIAM WILSON Chart8reLI Aecounian 25 Shorg Road olywoorj 8T18 9HX +4410128 gS92 0240 %v¥¥8cc¢un18ncy.com Educate The Orphans Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023 Independent Examlner's Statement, Report and Opinion Subject to the limitations upon the scope of my work as detailed above , in connection wth my examination, I can confirm that This is a report in respect of an examination carried out under 65(31 of the Act and in accordance wth Directions to Independent Examiners made by the Charity Commission in Northern Ireland which may be applicable., and that no matter has come to my attention in connection my examination which gives me reasonable cause to believe that in any material respect the requirements to keep a¢¢ounting records in accordance with Section 63 of The Charities (Northern Ireland) Act 2008, as amended; when preparing accounts on an accruals basis, to prepare financial statements which accord th the accounting records and comply with the accounting requirements of the Act and the Regulations setting out the form and content of charity accounts., have been prepared in accordance with The Charities (Northern Ireland) Act 2008, as amended. and with the methods and principles set out in the FRS102 Ststement of R¥Luiiiiii¥iiU¥d Pi 8LIILg ALLuuiIUIiy ¢iiiU R¥yuiUiiy by Cli<iill1¥5 j¥rr¥Lllv¥ JdllU¢liy 201 &) have not been met or to which, in my opinion, attents'on should be dra in my report in order to enable a proper understanding of the accounts to be reached; Slgned:_ William Wilson - Independent Examiner Chartered A¢Gountants Ireland 25 Shore Road Holywood BT18 9HX This report was signed on 3 June 2024
Educate The Orphans Statement of Financial Activities for the year ended 31 December 2023 Statement of Financial Activities for the year ended 31 December 2023 SORP Ref Current year Unrestricted Funds Current year Restricted Fund5 Current or Total Funds Prlor Yoar Totsl Funds 2023 2023 2023 2022 Income & Endowments from". Donations & Legacies A1 101,814 101,814 114,494 Expenditure on: Charitable activities 82 129,694 129,694 162.547 Totsl expendlture 129,694 129,694 162.547 Net incomel(expenditurel for the year (27,880) (27,880 (48.0531 Net Income after transfers A-B4 127,880) 127,880 {48,0531 Net movement in funds (27,880) (27,880 (48,053) Reconciliation of funds:. Total funds brought forward 64,758 64,758 112,811 Total funds carried forward 36,878 36,878 64,758 The'SORP Ref indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carrled forward funds above have been agreed to the Balance Sheet. A separate Ststement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losse5. All the prior year transactions were unrestricted items, and no furiher analysis is required All activities derive from continuing operations The notes attached on pages 16 to 21 form an integral part of these accounts. 12
Educate The Orphans Statement of Financial Activities for the year ended 31 December 2023 Prlor Y¢av Prlor Year Prior Year Total Funds SORP UnrgStrl¢tsd Fund$ 2022 Rostrt¢tgd Funds 2022 2022 Income & Endowrnents from: Donations & Legacies A1 120,281 114,494 Total income 120.281 114,494 Expendlture on: Charilable actimlies B2 148.556 162.547 Total expendlture 148,556 162.647 Net expenditure for the year {28,2751 148,053) Net income after transfers 128,2751 148,053} Other recognised gainslllossesl Net movement in funds 128.275) 148,063 Reconciliation of funds:. Total funds brought foNiard 112,811 112,811 Total funds carried for4vard 84,536 64,758 All actlvltles derive from continuing operatlons Educate The Orphans - Resources applied in the year ended 31 December 2023 towards rixed assets for Charity use:. 2023 2022 Funds generated in the year as detailed in the SOFA Net resources available to fund charitable activities 127,8801 127,880) {48,053) 148,053) The notes attached on pages 16 to 21 forni an integral part of these accounts. 13
Educate The Orphans Statement of Financial Activities for the year ended 31 December 2023 Movements in revenue and capltal funds for the year ended 31 December 2023 Revenue accumulated funds Unrestrl¢tsd Funds Restrictsd Funds Totsl Fund5 Last Tcttal Funds 2023 2023 2023 2022 Accumulated funds brought forward 64.758 64,758 112,811 Recognised gains and losses before transfers 127,880) 127.8801 (48.053) 36,878 38,878 64,758 Closing revenue funds 36,878 36,878 64,768 Summary of funds Unr8strlct•d R¢$lrl¢t&d Funds Total Last Y•ar Total Funds and Designatsd fvnds 2023 Fund 2023 2023 2022 Revenue accumulated funds 36.878 36,878 64,758 Total funds 36,878 36,878 64,758 Tho notes attached on page5 16 to 21 forni an integral part of theso accounts. 14
Educate The Orphans Balance Sheet as at 31 December 2023 SORP Note Ref 2023 2022 Current assets Cash at bank and in hand 38,678 66,558 Creditors". amounts falllng due within one year 6 C1 11.8001 11,800) Net current assets 36,878 64,758 The total net assets ofthe charlty 36,878 64,758 The total net assets of the charity are funded bythe funds of the charlty, as follows:. Unrestricted Funds Unrestricted Revenue Funds 9 D3 36,878 64,758 Total charity funds 3S,878 64,758 The'SORP Ref indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA. The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts. The charity is subject to Independent Examination under Gharity legislation, and the report of the Independent Examiner is on page 11. The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, It would be ellglble to prepare accounts In accordance with the provlslons In Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime. Mr R Moffett Trustee Approved by the board of trustees on 3 June 2024 The notes attached on pages 16 to 21 forni an integral part of these accounts. 15
Educate The Orphans Notes to the Accounts for the year ended 31 December 2023 1 Accounting policie5 Pollcles relating to the pmductlon of the accounts. Basi8 of preparatlon and accounting conv8ntion The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance wth the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SQRP (Ststement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), published by the Charity Commission in Northem Ireland (CCNI> , effective January 2016, and in accordance wth all applicable law in the charity's jurisdiction of registration. Risks and future assumptions The charity is a public benefit entty. Policies relating to categories of income and income recognition. Nature of incoma Gross income represents the value, net of discounts, of goods provided to customers and Vrk carried out in respect of Services provided to customers. Categories of Income Income is categorised as income from exchange transactions (contract income) and income from non- exchange transactions Igiftsl, investment income and other income. Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser. Income from a non4x¢hange transaction is where the charity receives value from the donorwithout providing equal value in exchange, and inGludes donations of money, goods and services freely given thout giving equal value in exchange. Income recognition Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement. the income is probable and can be measured reliably. Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. All income is accounted for gross, before deducting any related fees or costs. 16
Educate The Orphans Notes to the Accounts for the year ended 31 December 2023 Policies relating to expenditure on goods and seNlces provlded to the charity. Recognition of liabilities and expenditure A liability, and the related expenditure, is recognised vthen a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. Liabilities arising from future funding commitrnents and constructive obligations, including performance related grants, where the timing ar the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the Lrtilisation of any provision within the period, and reversed if any provision is no longer required. These movements are char9ed or credited to the respective ndS and activities to which the provision relates. Volunteers In accordance wth the SORP, and in recognition of the difficulties in placing a monetary value on the contribution trom volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the Gharity by unpaid volunteers and this is described more fully in Note 3. Policies relatlng to assets, liabilities andpmvisions and other matters. Cash and bank balances Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements. Fund Accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. 2 Winding up or dissolution of the charity If upon wnding up or dissolution of the charity there remain any assets. after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. 3 The contribution of volunteers The charity depends on the support of tts volunteer5, 1¢h is much appreciated. The arrangements th volunteers are difficult to value precisely in monetary terms and have not been recognised in the statement of Financial Activities. The volunteers and the charity acpt and agree that no contract of employment is created by these arrangements. 17
Educate The Orphans Notes to the Accounts for the year ended 31 December 2023 4 Staff costs and 8moluments There were no staff employed during the year ended 31 December 202312022.. nil) 5 Remuneration and payments to Trustees and persons connected with them No trustees or persons connected with them received any remuneration from the charity, or any related entity. 6 Creditors: amounts falling due within one year 2023 2022 Accruals 1.800 1,800 1,800 1,800 7 Income and Expenditure account summary 2023 2022 At 1 January 2023 Loss after tsx for the year 64,758 112,811 (27,880) (48.053) At 31 December 2023 36,878 64,758 8 Particulars of how particular funds are r8prosented by assets and liabilities At 31 December 2023 Unrestrlcted Deslgnated Restricted funds funds funds Total Funds Current Assets Current Liabilities 38,678 (1,800) 38.678 (1,800) 36,878 36,878 At 1 January 2023 Unrestricted Designated Restricted funds funds funds Total Funds Cuent Assets Current Liabilities 66,558 (1,800) 66,558 Iq,800) 64,758 64,758 18
Educate The Orphans Notes to the Accounts for the year ended 31 December 2023 9 Change in total funds over the year as shown in Note 8 , analysed by indlvidual funds Funds brought forward from 2022 Movement Transfers Funds in funds in between carrled 2023 funds in forward to 2023 2024 See Note 10 See Note O Unrestricted and designated funds... Unrestricted Revenue Funds 64,758 (27,880) 36,878 Total unrestrict8d and deslgnated funds 64,758 (27,880) 36,878 Total charity funds 64,758 127,880) 36,878 10 Analysis of movements in funds over th8 year as shown in Note 9 Other Expenditur8 Gains & Movement Losses in funds 2023 2023 Income 2023 2023 Unrestricted and deslgnated funds.". Unrestricted Revenue Funds 101,814 (129,694) (27,880) 101,814 129,894 (2T,880 11 The purposes for which the funds as detailed in note 9 are held by the charity are:. Unrestricted and deslgnated funds.". Unrestricted Revenue Funds These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and subject to charity legislation, are free from all restrictions on their use. 12 Ultimate Controlling party The charity is under the Gontrol of its legal members. Every member of the charity has unlimited joint and several liabiltty for the debts of the charity. 19
Educate The Orphans Detailed analysi5 of income and expenditure for the year ended 31 December 2023 as required by th8 SORP 2015 This analysls is classsrfied by conventional nominal descrlptions and not by activity. 13 Donatlons and Logacies Curront yg•r Unrèstrl¢t*d Funds cUrrt yèar R•strlet•d Funds Current year Total Funds Prfor Y•ar Total Funds 2023 2023 2023 2022 Donat105 and gifts from indivldual$ Voluntary donations 114,494 114,494 120,281 Total donatlons and gifts from individuals 101,814 101,814 114,494 Total Donations and Legacies A1 101,814 101,814 114,494 14 Expenditur8 on charltable activities - Direct spending Currant yè8r Unrèstrletèd Funds Curr•nt ar R•strletsd Funds Currènt y•ar Total Funds Prlor Y•ar Total Funds 2023 2023 2023 2022 f.haritahlp. ar.tivitifts 128,296 128.296 15q,700 Total direct spending B2a 128,296 128,296 159,700 15 Support costs for charitable actsvities Curr•nt yoar Unr•strl¢t•d Funds Curr•nt y•ar R•8trl¢t•d Funds 2023 Curr•nt y•ar Total Funds Prlor Y•ar Totsl Funds 2023 2023 2022 Administratlve overheads Sundry expenses Travel 198 198 275 262 Financial costs Bank charges 1,110 Total support costs 198 198 1,647 The basis of allocation of costs been activities is described under accounting policies 20
Educate The Orphans Detsiled anatysis of income and expenditure for tho year 8ndod 31 December 2023 as roquirod by the SORP 2015 16 Other Expendlture - Governance costs Current •r Unr8strictsd Fundg Current y•ar Restiicted Funds curftt ar Total Funds Prloryear Total Funds 2023 2023 2Q23 Z022 Independent Examiner's fees 1.200 1,200 1.200 Totsl Govemance costs 1,200 1,200 1.200 17 Total Charitable expenditure Current year Unrestrkted Funds 2023 Current year Restrlctsd Funds Current year Total Funds Prior Year Total Funds 2023 2023 2022 Total direct spending Total support costs Total Governance costs B2a B2d B2e 128,296 198 1,200 128,296 198 1,200 159,700 1,647 1,200 Total charitable expendlture B2 129,694 129,694 162,547 21