## **Trustees Report and Financial Statement**
**For the Year Ended 31[st] July 2015**
## **For**
## **Akwaba Scotland**
Charity Registered Number **: SC042916**
## **Akwaba Scotland**
## **Contents of the Financial Statements**
**For the Year Ended 31[st] July 2015**
Reference and Administrative Information
Trustees Report
Independent Examiner’s Report
Profit and Loss Account
Balance Sheet
Notes to the Financial Statements
## **Akwaba Scotland**
## **Reference and Administrative Information**
**For the Year Ended 31[st] July 2015**
**Charity Name: Akwaba Scotland**
**REGISTERED OFFICE: 31, 80 Moss Heights Avenue Glasgow G52 2TT TRUSTEES:**
**REGISTERED CHARITY NUMBER:**
**SC042916**
## **Akwaba Scotland**
## **Trustees Report**
## **For the Year Ended 31[st] July 2015**
The trustees of Akwaba Scotland present their report with the financial statements of the charitable company for the year ended 31[st] July, 2015.
## **Our charitable purposes are:**
- A. The prevention or relief of poverty
- B. The advancement of education
- C. The advancement of citizenship or community development
- D. The provision of recreational facilities, or the organisation of recreational activities , with the object of improving the conditions of life for the persons for whom the facilities or activities were primarily intended
## **Quick guide to Akwaba Scotland strategy 2012 - 2015**
Priority 1 - creating volunteering and job opportunities
Priority 2 - enhancing the employability skills of our volunteers
- Priority 3 - cutting down on anti-social behaviour
- Priority 4 - empowering young people
- Priority 5 - creating opportunities for better life
## **ON BEHALF OF THE TRUSTEES:**
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…………………………………….
-
Chairperson
.........................................................
-
Secretary
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## **Akwaba Scotland**
## **Trustees Report**
## **For the Year Ended 31[st] July 2015**
## **SUMMARY OF AKWABA SCOTLAND ACTIVITIES:**
## **Priority 1- Creating volunteering and job opportunities**
- 13 volunteers moved to paid employment through experiences gained in Akwaba Cafe
- 57 volunteers in total helped
- 9 people referred to us by the Job Centre for work experience
- One part time job
- 4 sessional workers
## **Priority 2-Enhancing the employability skills of our volunteers and the service users**
- Work experience opportunities
- Admin assistant
- IT trainer
- Basic Accounting/Bookeeping (2 trainings by CEIS)
- Kitchen assistant ( kitchen project 10 people got their food and Hygiene certificates)
- Management
- 24 service users gained IT skills
## **Priority 3-Cutting down on anti-social behaviour**
Learning through fun and social activities
- Kids club
- Music club
- Kitchen project
- Football club
- Knitting
## **Priority 4-Empowering young people**
- Helping young volunteer leaders to create opportunities for a better life
- Opportunity to develop young people’s leadership and entrepreneurial skills. Drawing their awareness to funding and support to start their own business
## **Priority 5- Alleviating poverty**
- Overseas not yet started
## **Achievements to date**
- 13 volunteers moved to paid employment through experiences gained
- 2 young volunteers won awards (Saltire awards Certificate) through completing set number of hours
- 9 people referred to us by the Job Centre for work experience
- 57 volunteers in total helped
- 24 clients gained IT skills to date
- 62 IT users to date
Our priorities that fit with the Scottish Governments National Outcomes are:
**Employment opportunities-** we are enhancing peoples skills so they have a better chance of employment. We have created volunteering and work experience opportunities in the following areas: Administration Assistant, Kitchen Assistant, Accountant, IT trainer and Management. We also tackle social exclusion by offering these opportunities to everyone in the community regardless their background.
**Helping young people:** We have created volunteering opportunities for the young people where they can enhance their skills or develop new ones. We empower these young people to create opportunities for a better life by helping them develop leadership and entrepreneurial skills and draw their awareness on the support available to them.
**Preventing anti-social behaviour-** We run social and educational activities such as music club, football club, kitchen project, knitting club to help the young people to learn new skills in a fun way rather than being on the street.
**Strong communities-** Our volunteers are our best assets. We value the work they do and we make sure that they identify themselves with the project. We work with the local community to develop or enhance the skills they require for employment.
## **Akwaba Scotland**
## **Independent Examiner’s Report**
## **For the Year Ended 31[st] July 2015**
To the trustees of Akwaba Scotland:
I report on the accounts for the year ended 31[st] July 2015.
## Respective responsibilities of Trustees and examiner:
The Trustees, who are also the directors of Akwaba Scotland for the purposes of company law, are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section specifies that it is a report in respect of an examination carried out under section 44(1)(c) of the 2005 Act; that an independent Examination is needed.
Having satisfied that the charity is not subject to an audit under company law and is eligible for an Independent examination, it is my responsibility to:
- (i) examine the accounts under section out under section 44(1)(c) of the 2005 Act; (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under
- section out under section 44(1)(c) of the 2005 Act; and
(iii) to state whether particular matters have come to our attention.
## Basis of Independent examiner's report:
My examination was carried out in accordance with the general Directions given by the Charity Commission.
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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with our examination, no matter has come to our attention:
(a) which gives us reasonable cause to believe that in any material respect the requirements: (i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
(ii) to prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
(b) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Akwaba Scotland**
|**Jul-**
**14**
**Note**
**s**
**£**
**Receipts**
Grant Funding
**1**
Other income
**Total Income**
Purchases
**Payments**
Accountant Fees
Advertising costs
Cleaning Products
Insurance
Light & Heat
Postage costs
Rent & Rates
Stationery
Sundry
Telephone
Training Cost
Travel costs
Volunteer Expenses
Wages & Salary
**Total Payments**
**Surplus/(Deficit) for the**
**year**
Transfer between funds
**Surplus/(Deficit) for the**
**year**|**Income and Expenditure**
**For the year ended 31st July**
**2015**
**Jul-14**
**Jul-**
**14**
**Unrestricted Funds**
**£**
**£**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
0
**0**
**0**|**Jul-14**
**Restricte**
**d Funds**
**£**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
0
**0**
**0**|**TOTA**
**L**
**2014**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
0
**0**
**0**|TOTA
L
2013
3,000
440|
|---|---|---|---|---|
|||||3,440
1,435|
|||||2,005|
|||||200
41
219
1,000
45
144
117
95
650
400|
|||||2,911|
||||||
|||||**-906**|
|||||**-906**|
## **Akwaba Scotland**
## **Notes to the Financial Statements**
## **For the Year Ended 31[st] July 2015**
## **Accounting Policies:**
## 1. **Basis of preparation of accounts:**
The accounts are prepared using the receipts and payments basis in accordance with the charities & trustee investment (Scotland) Act 2005 and the charities accounts (Scotland) Regulations 2006 (as amended).
The consolidated financial statements have been prepared in accordance with the statement of recommended practice: accounting and reporting by charities issued in March 2005 applicable accounting standards and the charities Acts 1993.
The charity has taken advantage of the exemption in Financial Standard No 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as a small charity.
## 2. **Funds Accounting** :
**Unrestricted funds** – These comprises funds which can be used in accordance with the charitable objects at the discretion of the trustees.
**Restricted funds** – This is raised for particular restricted purposes and can only be used for those particular restricted purposes within the objects of the charity.
**Incoming resources** : All incoming resources are included in the statement of financial activities
when charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to the particular categories:
- Cafe takings
**Outgoing Resources** : All outgoing resources are included in the financial statements on accrual basis.
## 3. **Tangible fixed Assets** :
Assets for use by the charity are at Cost less depreciation.
Costs of assets less that £100 are not capitalised.
Depreciation is charged at 10% using the reducing balance method.
**4 Amount Owed (Outstanding at end of July 2015)**
|Rent
Electricity
Water|2,500
700
600
**3,800**|
|---|---|