Scottish Charity No. SC040298
The Rwanda Partnership SCIO
Trustees’ Report and Financial Statements For the year ended 31 January 2025
The Rwanda Partnership SCIO
Contents of the Financial Statements for the year ended 31 January 2025
| Page | |
|---|---|
| Report of the Trustees | 1 - 2 |
| Report of the Independent Examiner | 3 |
| Receipts and Payments Account | 4 |
| Statement of Balances | 5 |
| Notes to the Financial Statements | 6 - 7 |
The Rwanda Partnership SCIO
Report of the Trustees for the year ended 31 January 2025
The Trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 January 2025.
Principal office Bankers 23 Burgess Hill Royal Bank of Scotland Linlithgow 36 St Andrew Square West Lothian Edinburgh EH49 6BX EH2 2AD
Status of Charity and Governing Document
The Rwanda Partnership Limited (Company No. SC347515) was established by constitution on 24 February 2009 and changed legal status to a SCIO (Scottish Charitable Incorporated Organisation) on 8 January 2019. The organisation is a Scottish Charity (No. SC040298).
Aims, purpose and affiliation
The purpose of the Rwanda Partnership is the prevention or relief of poverty in Africa together with the advancement of education in Africa.
The charity has acted as a catalyst between Africa and the UK to link up individuals and businesses with a view to establishing longer term partnerships to transform the lives of people in both countries, and also raise the awareness of the challenges facing Africa to people in the UK.
Trustees and Office Bearers
The operations are managed directly by the trustees. The day to day management of the charity’s finances is undertaken by the Trustees’ through subcontracting to Helen White of Cornerstone Accounting Ltd. The Office Bearers who served during the year and to the date of this report are:
Trustees
Appointment of Charity Trustees
Appointment and removal of trustees is in accordance with the Constitution. They serve on a voluntary basis.
Achievements and performance
Our focus has been:
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Support for Ikirezi, an Essential Oils project in Rwanda and related projects including local school provision
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Support for Alpha Community Academy, a primary school (Years 1 to 7) in Kigali, Rwanda
Seeking and providing grants for these projects and other related opportunities and individuals which support the activities of the Trust.
Future plans
In addition to continuing our support for the above projects, we are investigating a new community benefit project in the north of Rwanda.
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The Rwanda Partnership SCIO
Report of the Trustees for the year ended 31 January 2025
Financial review
The accounts have been prepared on a receipts and payments basis for the year ended 31 January 2025.
Principal sources of funding
The charity receives its funding by way of:
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Individual donors providing standing order and one-off donations.
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Churches and other organisations providing one-off donations.
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Grant making trusts.
Results for the year
The financial statements for the year are set out on pages 4 to 7. The Receipts and Payments Account on page 4 reflects a deficit of £28,139 (2024: surplus of £38,516).
Reserves
It is the policy of the charity to maintain modest reserves which we look to distribute in line with our goals on an annual basis. We do not have any staff. All restricted receipts are passed on at the end of the quarter in which they are received. The General Fund on page 5 at 31 January 2025 amounted to £97 (2024: £245).
Total reserves, including restricted funds, amounted to £14,503 (2024: £42,643).
On behalf of the Trustees
Trustee: Date: …………………………….……. 2025 19 August
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The Rwanda Partnership SCIO
Report of the Independent Examiner to the Trustees f or the year ended 31 January 2025
I report on the accounts of the charity for the year ended 31 January 2025 which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations (as amended)
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: ………………………….………. 2025 19 August
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The Rwanda Partnership SCIO
Receipts and Payments Account
For the year ended 31 January 2025
| Notes Unrestricted Restricted 2025 funds funds Total £ £ £ Receipts Donations 200 116,351 116,551 Gift Aid Refunds 680 35,800 36,480 Other Income 30 - 30 Bank interest 14 - 14 Total receipts 924 152,151 153,075 Payments Grants Paid - 180,289 180,289 Accountancy Fees 900 - 900 Bank Fees 25 - 25 Total payments 925 180,289 181,214 Surplus (1) (28,138) (28,139) Transfer between funds - - - (Deficit)/Surplus after transfers (1) (28,138) (28,139) Total funds brought forward 97 42,546 42,643 96 14,408 14,504 |
Unrestricted Restricted 2024 funds funds Total £ £ £ 424 51,232 51,656 530 1,420 1,950 - - - - - - 954 52,652 53,606 480 13,988 14,468 600 - 600 22 - 22 1,102 13,988 15,090 (148) 38,664 38,516 - - - (148) 38,664 38,516 245 3,882 4,127 97 42,546 42,643 |
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The Rwanda Partnership SCIO
Statement of Balances as at 31 January 2025
| Notes £ £ £ Opening Surplus Closing balance for year balance Bank accounts 42,643 (28,139) 14,504 Total bank balances 42,643 (28,139) 14,504 Represented by: Unrestricted fund 4 General 96 Restricted funds 5 Alpha Academy Fund 8,000 Hitimana Fund 6,395 Rwanda Fund 13 14,504 Statement of assets at 31 January 2025 2025 HMRC repayment due 3,182 3,182 Statement of liabilities at 31 January 2025 2025 Accountancy Fees 180 180 2025 |
£ £ £ Opening Surplus balance for year balance 4,127 38,516 42,643 4,127 38,516 42,643 97 41,073 1,460 13 42,643 2024 10,958 10,958 2024 150 150 2024 |
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The financial statements on pages 4 to 7 were approved by the Trustees on ..........................19 August 2025 and signed on their behalf by the undernoted:
The notes on pages 6 to 7 form part of these financial statements.
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The Rwanda Partnership SCIO Notes to the financial statementsfor the year ended 31 January 2025 l. Accounting policies Accounting convention The financial statements have been preparad under the historical cost convention, and in accordanca with the Charities Accounts (Scotlandl Regulations 2CMJ6 las amended). Basis of financial statements The financial statements have been prepared on a receipts and payments basis. Recelpts and Payments Account For the purpose of the Receipts and Payment5 account as Shown on page 4 fund5 are defined as follow5.. Unrestrlcted funds comprise fees and other income received for the objocts of the charity without further specified purpose and arè available as general funds. Restricted funds comprise income which has been received for the objects of the charity and specified for a restricted purpose within these objects by the donor. 3. Donatlons to projects 2025 2024 7.369 172.920 9,080 4.908 480 Alpha Academy 180.289 14,468 2. Related party transactions There was no transactions with related parties during the year ending 31 January 202512024.. nil) 3. Remuneration and transactions with Trustees There was no remuneration or expenses paid to the Trustees during the year ending 31 January 2025 12024= nill. 4. Unrestrlcted funds Balance at 01.02.24 Balance at 31.01.25 Receipts Payments Transfers General fund 97 924 19251 19251 96 Total unrestrirted funds 97 924 96 Explanotion offunds The Genert71fund represents all income and expenditure relating to the primary focus activiti8s of the charity, other than thosa for which funding is restricted. Page 6
The Rwanda Partnership SCIO
Notes to the financial statements for the year ended 31 January 2025
| 5. Restricted funds Balance at 01.02.24 £ Alpha Academy Fund 41,073 Hitimana Fund 1,460 Rwanda Fund 13 Total restricted funds 42,546 |
Receipts £ 139,847 12,304 - 152,151 |
Payments £ (172,920) (7,369) - (180,289) |
Balance at Transfers 31.01.25 £ £ - 8,000 - 6,395 - 13 - 14,408 |
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Explanation of funds
The Alpha Academy Fund represents money specifically gifted for the Alpha Academy
The Hitimana Fund represents money specifically gifted for projects the Hitimana family are involved with
The Rwanda Fund represents money for distribution in Rwanda
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