CHAiufY NUMBER SC036818 (Scfjtland) THE GAMBIA PARTNERSHIP Report of the Trnstees and Receipts & Payments Account For the year ended 31 October 2024
THE GAMBIA PARTNERSHIP Report of the Trustees and Receipts and Payments account For the year ended 31 October 2024 CONTENTS PAGE Referen and administration detsils Report of the Trustees Rep)rt of the independent examiner ReIpts and Payments account statement of balan Notes to the Accounts
THE GANBIA PARTNERSHIP Report of the Trustees For the year ended 31 Ortober 2024 REFERENCE AND ADMINISTRAIION DETAILS tharty name.. The Gambia Partnership Scottish Charity NunitrEr'. SC036818 Trustee5.' Charity's prinapal address: The GainL)ia Partnership 17 Oliver5 Brae stomoway Isle of Lewis HSI 2SS Accountants: aB kni5 63 Xennelh Street Stomoway 151e of Lewis HSI 2DS Website www.th mbia rtnershi .co.uk
THE GAMBIA PARTNERSHIP Report of the Trustees For the year ended 31 Octobw 2024 The trustees present their rep)rt wth the financial statements of the trust for the year erKled 31 October 2024, srRucfuR4 GOVERNANCE AND MAMAGEMENT Goveming dorument The Partnuship is an unincorporated associaLion r]nd was &t6b115hed unijer terms of Its con5titutlon dated 31 Augjst 2005. The organisation we5 recogn15ed as a Scottlsh charlty wlth effert from 31 August 2CKJ5. Recruitment and appointThrt rf trustees For the purpose5 Qf the chèrity regulations, the eMr5 of the Nar0gement Q>mmittee the charivs trustees, The (stItutiOn 5ts1es that the committee shall consst of four memters, teing a ChairkEr50n, Vice chairrS0n, Treasurer and Secretary, who are eltl or re-eletted ty the members of the charity at the Annual General Meeting whlch 55 trEld In September each year. When a positlon becornes vacant, t remaining trustee5 inwte other Indimduals with similar interests to bLrome a trustee. The respective trustees In the EErlLxJ under revlew were: Oryanisational strncture The Management Comrnitt meet on an ad-hoc basis, but rarely less than On a rnonth. More pressiro matter5 are dealt with using e-mail. Full mernbwship of the partnershlp is open to Chrlstlans aged 18 and over resident on the Isle of Lewls and further afield in Scotland. Junlor mÉYnbership of the Partnerthlp Is open to Christians under the age of 18 residtht on the Isle of Lewls and further afield in %otland. Junior memt)ers do not have the righl to vore at memtEr mLIng% but may el& from iJ)emselves one repSentatIVe who shall have full voting rights at mtings of the Partnershlp. Rlsk management The trustee5 have Identiried the followlng and have sought to mitigate them as (Èscribed- The aims and obiertives of the tharity are on a prarti(al level at least very much dendant on roi5ing a certain amount of funds, i.e. swnsoring childn, buying land etc. The mrtigation of th6 risk is a planned fundraislng prcgramme. Another financial risk Is foreign currency exchange105ses, which at one time previously was a big probletn when chaThJing money back Into Sterling after a trip out to Tre Gambla one year. The trustees feel that the best way to mitlgare this kiThl of thiro is to have Iktail cash flow systems in {a so that only what cash Is nded Is taken out. A further risk identlfleé has L)een In relatson to the publ perception of the chartty. It is Important thal the publlc are clear what the aims and objectives of the charity are. The kEy facts doojment and the regular UkKiate5 of the newly-L3unched webslte mltlgate thls.
THE GAMBIA PARTNERSHIP Report ¢rf the Trustees For the yejr ended 31 Ortober 2024 OBJECTIVES AND ACTIVITIES Folbwing a trip to Serrekunda in The Gambia in November 2004 a vision vvas t(Jrne lo spieacl the Gospel to a predominantly Muslim nation. A tA3rtr)ership was subsequently established between Christlen5 in The Gambia and Christians in Scotland. Thi5 Pértnership wa5 naffled The Gambia Partnership. The Sc¢)ttish comrnittee is based in Stornoway on the Western Isles and the Garnbian cotnmitiee is based primarily in Serrekunda. All tommittee memLErs are Christians. The Gambia Partnership vvas essentially set up to serve Jesu5 chrt. It is hoped that this will be achievaj through the foll(wing four key aiffts.. Gospel Outreach and Teachlng Support Churches and believers to reach out with the &xxJ Newv5 of Jesus Christ through witnessingi distribution of tracts and print and audio Bibles. Hokjing regular meetings at different locations to provide Spiritually enrichit¥J teaching. Education Provitye educational support to individuals and communltles through child SFKJnscYship and bulldiTrJ projects. Micro-Enterprise Projects Offer individuals the start up capital lo engage in small Lusyiess enterprise. This rernoves econom disadvantages and allows 1ndividuals and familie5 the optx)rtunity to LEcome finanoalty self- sufficient. illage Development W0S Engage with communities and village5 in an attempt lo Int thelr physlcal needs, where lejj to (Jo so. These needs tnay vary from water proletts to dlsaster rellef and many thlrgs b1(*5. ACHIEVEMENTS AND PERFOIU4ANCE The past y&ir has seen the CO partnShIP actlvty of chlkl spcfisorshbp and support contlnulng. FINANCIAL REVIEW Reserves policy The charity has Ingo)iThJ costs of 5p50r1ng children in The Gambia. Payments are maje to the schools on an annual basis ènd are funded from restrtcteyj donatbons from SpSor5. Approved by the Trustee5 and Signed their LEhalf by..
THE GAMBIA PARTNERSHIP Independent Examiner's Report to the Trustees of The Gambia Partnershlp report on the accounts of the charty for the year ended 31 Ottober 2024 which e set out on pages five to seven. Respetttve responslbilities of tru5tee5 and examiner The charivs trustees are respJn5ibk for the kyeparation Df the accounts in accDrdance with the temis of the Charitie5 and Trustee Investment {Scctlandl Act 2005 and the Charities Accounts (ScLlard) Regulations 2006 {as amended). The charity'5 truees consider Ihat the 49udil wuirement of Regulation 10(I)(d) of the 2006 Accourt5 ReguL4tions does not apply. It is my resp)nsibility to examine the accounts as required under secti(trn HtIXc} of the Art and tc> state whether particular matters have come to my attenLion. Basis of independent examiner's Statement My examination is carried out in accordance with Regulation 11 of tfrE 2006 Accounts Regulations. examination includes a review of the a(rounting rec(xds kept by the charity arKJ a cotnparison of tFe accounts presented with those records. It a19) includes consideration of any unu51161 item5 or di5(105ure5 In the accounts, and seeks explanations frorn the trust (cernIng any such matters. The priJceiJures undertaken do not proviée all the evidence that vvould be required in an audit, and consequently I do not expre55 an audit opinion on the view gwen by the account5. Independent examiners, Statent In the course Df my exarninètion, no matter ha5 come to my attentlon: which g'ves me reasonable cause to Lelieve tfkat in any material res the reNuiiernents: to kep accounting records in accordance with Sectbn 44(1)(al of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations to prepa accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts RegulatDrs have not met, or 2. to whith, in my opinion, attention should LE drawn in order to v)able a proper untÈrstanding of the accounts to trE reached. Name.. Address: CIB Servi5 Chartered Accountants 63 Kenneth Strt Stornoway Isle of Lewis HSI 2DS Date..
THE GAMBIA PARTNERSHIP Receipts & Payments Account For the year ended 31 October 2024 Year Ended 31.10.24 Year Ended 31.10.23 Notes Unrestricted Restrlcted Fund$ Funds Totsl Funds Total Funds Donations Grants- Barnabas Trust (knlnews Evangelical Misslon ilds charable Trust Stewards Company Charity shop takn.ngs aear Business Gift aid repayment 3,881 11318 16,199 16,711 2,000 3,000 5,000 iooo 2,1100 42,458 3,376 42,458 3,376 46,784 Total receipts PaynEnts felatirrfJ directly to charttable activf(ies Other resources expended Purchase of fixed assets 30,795 14,318 45,113 51,134 Totsl paymer 141276 Net receiptsl(payments) 18,920 18,920 {63,807} Tfansfets tollfrom) fund$ Surplusl(deficit) for year Funds at l November 2022 Fund5 at 31 Ottor 2023 52,356 52,356 33,436
THE GAMBIA PARTNERSHIP Statement of BalanS As at 31 October 2024 31.10.24 Tolal 31.10.23 Total Funds Unrestrlrted Restrfrted Fund5 Funds OpEning balano5 Surplus1{deficI for year 33,436 18,920 33.436 18,920 97.243 (63,8071 Closlng Balances 31.1024 31.LO.23 8uikliTrJs- at cost 90,142 90,142 Approvej t¥ the Trustees and si9ned on their hall by..
THE GAMBIA PARTNERSHIP Notes to the Accounts For the year ended 31 October 2024 ents rnla di Unrestricted Restricted Funds Funds 31.10.24 Totsl 31.10.23 Total Sponsorship and donations to Gam.3 Bibles Rent, electrKity, rates and insurance Shop repai Shop valuation Postsges, stationery and adve51ng sundry expenses 16,476 8,465 4,495 703 12,318 2,000 28,794 10,465 4,495 703 42,483 7,349 998 198 458 198 458 199 105 UnrestrSct¢d Restrkted 31.10.24 Funds Fund5 Total 31.10.23 Total Purchase of shop premise5 Mov 01.11.23 Funds Recelpts Payments Transfers 31.10.24 Total Child sponsorship Gambia resour$ 8,564 {8,$64) Tru une The TFu*ees dld not le1ve any rernuneration or expenses durin9 the year.