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:
- Support for Ikirezi, an Essential Oils project in Rwanda and related projects including local school provision
- 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:
- Individual donors providing standing order and one-off donations.
- Churches and other organisations providing one-off donations.
- 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
Page 2
## 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
1. which gives me reasonable cause to believe that in any material respect the requirements:
- 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
- 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
2. 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|
|---|---|
Page 4
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**|
|---|---|
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**|
|---|---|---|---|
## _**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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