## Trustees Annual Report for j8 Educational Partnerships SCIO for the period ## to 30[th] April 2024 JS Scottish Charity No: SC045538 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 |**Index**|||| |---|---|---|---| ||Page|3|Reference & Administrative Information| ||Page|4|Trustees Annual Report:| ||||Structure Governance & Management| ||||Objectives & Activities| ||Page|5 - 6|Achievements & Performance| ||Page|7|Financial Review| ||||Statement of Trustees| ||Page|8 - 10|Annual Accounts:| ||||Page 8 Receipts & Payments Account| ||||Page 8 Statement of Balances| ||||Page 9 - 10 Notes to the Accounts| ||Page|11|Independent Examiners Report| 2 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Reference & Administrative Information** **Charity Name:** j8 Educational Partnerships SCIO **Scottish Charity No:** SC045538 **The Charites Principal Address:** ## **Charities Trustees on date off approval including office held:** Chairperson Trustee Trustee ## **Names of other trustees during the period:** There were none ## **Independent Examiner:** **Bankers:** Virgin Money formerly Clydesdale Bank 56 Murray Place STIRLING FK8 2BX Virgin Money (On line Deposit Savings Account) 3 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Structure, Governance & Management** ## **Governing Document:** j8 Educational Partnership is a single tier Scottish Charitable Incorporated Organisation (SCIO) which was granted charitable status on 8th April 2015 and is governed by its constitution. ## **Trustee Recruitment & Appointment:** At each AGM, all of the charity trustees must retire from office - but may then be re-elected under clause 27. A charity trustee retiring at an AGM will be deemed to have been reelected unless: - - 1.1 he/she/it advises the Board prior to the conclusion of the AGM that he/she/it does not wish to be re-appointed as a charity trustee; or - 1.2 an election process was held at the AGM and he/she/it was not among those elected/re-elected through that process; or - 1.3 a resolution under sub-clauses 28.5, 28.6, 28.7, 28.8 was put to the AGM and was carried. ## **Objectives & Activities** ## **The Charities Charitable Purpose:** As set out in the ‘Constitution’ and ‘The Charities and Trustee Investments(Scotland) Act 2005’ the purpose(s) of j8 Educational Partnerships SCIO are the following:- - ⚫ The advancement of education Any other purpose that may reasonably be regarded as analogous to any of the preceding purposes. ## **Summary of the main activities in relation to these objectives:** To advance education though research by school pupils into the barriers to education within specific communities in the developing world, additionally to research solutions and to then take appropriate action to reduce these barriers. 4 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Achievement & Performance for 2023** j8 Educational Partnership's charitable purpose is the advancement of education, initially through research by school students within specific communities in low-income countries into the local barriers to education, and their solutions, so that appropriate action can be taken to reduce these barriers. j8 links schools in the UK with these specific schools in lowincome countries in order that they can work in partnership to increase the opportunities for education in those communities. With this in mind during this reporting period: Partnership activities have been active between schools in the UK and schools in lowerincome countries. These schools are: UK secondary schools - ❖ Hutchesons’ Grammar School UK primary schools - ❖ Battlefield PS, Glasgow - ❖ Alexander Peden PS, Harthill - ❖ Burgh PS, Rutherglen ## Malawi secondary schools - Liwonde Secondary School, Liwonde, Malawi - Katoto high School, Mzuzu, Malawi - Namandanje secondary school, Namandanje - Chingale Secondary School, Chingale Malawi primary schools - Beehive school, Mzuzu - Chipwela PS, Chitipa - Chingale PS, Chingale - Edundu PS, Edundu - Liwonde PS, Liwonde - Mombe PS, Mombe ## India secondary school - Dr N.S.A.M. High School, Nitte, India 5 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Achievement & Performance cont'd** During this school year the secondary school groups have linked up with their counterparts in Malawi in order to compare the main barriers to a successful education for all children and take measures to increase such access. To that end: 1. Secondary students in Hutchie and Chingale took part in the Hutchie Challenge, an investigation into the main barriers to successful education in their area. The focus of these investigations was specifically on the importance of gender in accessing education. 2. Secondary students set up new literacy links with two PS and continued their links with one existing PS. 3. Because many families in the four Malawi communities are unable to afford school fees, three j8 secondary groups worked with their counterparts to identify appropriate students worthy of scholarships. Because of extreme poverty in Chingale, one group also raised money for those in the PS class link who did not have a uniform. 4. The secondary students took part in fundraising activities, including the repackaging and selling of Malawian coffee. 5. The secondary students worked with their local PS to set up and manage Literacy Links between the PS here and their partner primary schools in Malawi. Literacy links were started in 2021, as improved literacy was identified as a significant way of increasing the attainment of the children in all the schools, and increasing their interest levels. The difficulties identified last year were managed better this year, although printing letters in Malawi remains challenging. ## **FINANCES 2023/24** Students found it difficult to engage in fundraising activities this year, chiefly because of exam pressure. No external funding has been obtained, nor have there been any donations. School fees in Malawi continue to rise at a rapid rate and the Malawian kwacha has been devalued more than once. 6 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Financial Review** ## **Statement of Reserves Policy:** The reserves at the end of the year were £10,710 (2022: £12,234). The charity has no employees or buildings which has meant that the trustees have decided that no formal reserves policy is in place, however, the trustees will continue to monitor as the charity grows. ## **Investment Policy:** The trustees have a duty to seek out suitable sources of income generation. The trustees also consider that it is prudent to accumulate funds for reserves to carry out the charity’s aims and meet their annual obligations for Student fees. The Trustees have the power to invest funds in the best interest of the charity. To meet these ends the Trustees have invested £10,000 in a deposit savings account with Virgin Money which accumulates interest to increase the current reserves. ## **Details of any deficit:** There was a financial deficit this year, the Trustees will continue to monitor the balances going forward. ## **Details of Donated Facilities & Services:** The Charity benefits from the time given by all the Trustees to the running of the Charity. ## **Statement of Trustees Responsibilities** The members of the Charity must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Charity during the financial year. The members of the Charity are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charity at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention and/or detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf by: Chairperson Dated: 7 ## Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Receipts & Payments Account Year Ended 30[th] April 2024** |**Notes**
**Receipts**
Donations
**1**
Grants
Fundraising Income
**2**
Bank Interest
**Total Receipts**
**Payments**
Expenses from Charitable Activities
**3**
Expenses from Fundraising Activities
**4**
Independent Examination
**Total Payments**
Net Receipts/(Payments)
Transfer between Funds
**Surplus/(Deficit) for Year**
**Statement of Balances as at**
**30th April 2024**
Balances at Start of Year
Surplus/(Deficit) for Year
Balances at End of Year
**Other Assets**
No Other Assets Held|**Un**
**Restricted**
**Restricted**
**Funds**
0.88
0.00
0.00
0.00
592.00
0.00
305.31
0.00|**Total**
**2024**
0.88
0.00
592.00
305.31|**Total**
**2023**
0.00
0.00
5,079.47
264.43| |---|---|---|---| ||898.19
0.00|898.19|5,343.90| ||2,028.38
0.00
154.59
0.00
150.00
0.00|2,028.38
154.59
150.00|2,664.27
685.37
125.00| ||2,332.97
0.00|2,332.97|3,474.64| ||(1,434.78)
0.00
0.00
0.00|(1,434.78)|1,869.26| ||(1,434.78)
0.00|(1,434.78)|1,869.26| ||**Un**
**Restricted**
**Restricted**
**Funds**
12,145.18
0.00
(1,434.78)
0.00|**Total**
**2024**
12,145.18
(1,434.78)|**Total**
**2023**
10,275.92
1,869.26| ||10,710.40
0.00|10,710.40|12,145.18| ||||| ## **Liabilities** No Outstanding Liabilities Financial Statements approved by the Charity and signed on its behalf by: Signed......…………………………………………………………. Treasurer Dated...................................................................................... 8 ## Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Notes to the Accounts** |**Notes to the Accounts**||||| |---|---|---|---|---| ||**Unrestricted**|**Restricted**|**2024**|**2023**| ||**Funds**|**Funds**||| |**1 Donations**||||| |MasterCard|0.88|0.00|0.88|0.00| ||0.88|0.00|0.88|0.00| |**2 Fundraising Income**||||| |S1 & Thornliebank PS Events|0.00|0.00|0.00|197.00| |Hamper Raffle|0.00|0.00|0.00|255.00| |Sponsored Row|0.00|0.00|0.00|2,152.00| |Tote Bags|0.00|0.00|0.00|90.42| |Cambridge Students|0.00|0.00|0.00|794.03| |Winter Fair|240.00|0.00|240.00|0.00| |Coffee Sales & Cake & Tombola|352.00|0.00|352.00|1,591.02| ||592.00|0.00|592.00|5,079.47| |**3 Expenses from Charitable Activities**||||| |Website|0.00|0.00|0.00|140.00| |Student Fees|974.97|0.00|974.97|2,000.64| |Uniforms & Books|801.98|0.00|801.98|325.24| |Scanning & Printing|192.93|0.00|192.93|123.39| |Tanzania Passport|58.50|0.00|58.50|0.00| |Heat Sealer & Classroom Benches|0.00|0.00|0.00|75.99| ||2,028.38|0.00|2,028.38|2,664.27| |**4 Expenses from Fundraising Activities**||||| |Coffee & Other Expenses|154.59|0.00|154.59|490.00| |Prizes|0.00|0.00|0.00|195.37| ||154.59|00.00|154.59|685.37| 9 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Notes to the Accountants cont’d** ## **5 Trustee Remuneration and Related Party Transactions** The Trustees did not receive any remuneration or expenses during the year. ## **6 Nature & Purpose of Funds** **General/Unrestricted Funds -** Funds that can be expended at the discretion of the trustees in the furtherance of the objects of the charity. **Restricted Funds –** There are no restricted funds to carry forward. The Charities funds are unrestricted and made up as follows: ||**Unrestricted**|**Restricted**|| |---|---|---|---| ||**Funds**|**Funds**|| |Virgin Business Account|1,089.52|
0.00|| |M-Plus Current Account|6.81|
0.00|| |M-Plus Saver Account|9,614.07|
0.00|| |**Total**|**10,710.40**|
**0.00**|**10,710.40**| 10 Annual Report & Financial Statements for the year ending 30[th] April 2024 Scottish Charity No SC045538 ## **Independent Examiner’s Report on the Accounts** Report to the trustees of j8 Educational Partnerships SCIO Registered charity number SC045538 On the accounts of the charity for the period to 30[th] April 2024 Set out on Pages 8 to 10 ## **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) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. 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. 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 any 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 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, and - to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations 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. **Signed:** ............................................................ **Date:** ................................................................ **Relevant professional qualification(s) or body:** ACIE & Dip Business & Finance 11 Annual Rewt & Financial Siatemerts year endwvJ 30th Poril 2024 Scottish Chanty No SC045536 Independent Examinerfs Report on the Accounts Report to the trustees of j8 Educational Partnerships SCIO Registered charity number SC045538 On the accounts of the charity for the period to 301h April 2024 Set out on Pages 8 to 10 Respective responslbllltles of trustees and examiner The charity's trustees a￿ resFK)nsible for the preparats'on of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charrty 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 matter5 have come to my attention. Basis of independent examinerfs statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the aczounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disdosures in the accounts and seeks explanations from the trustees conceming any 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 accounts. Independent examinerfs statement In the course of my examination. no matter has come to rny 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. and to prepare accounts V4hich accord with the a￿oUntIng records and comply with Regulation 9 of the 2006 Aox)unts Regulations have not been met, or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the aCAX)Lints lo b@ reached Sign /f Relevant professional qualifi￿tIon(S) or body: ACIE & Dip Business & Finan An" nual RepDrt & Financtal Statements for the year ending 30kn April 2024 Scottisti Chartty No SC()45538 Re¢eipts & Payments A¢¢otsnt Year Ended 30th Aprll 2024 R••trf¢t•d Funds Total 2014 Total 2Q23 A￿aIpts Donations Grat)Is Fundrai8ing I￿r￿lle Bafik Interest 0.88 0.00 0.00 0.00 692.00 5,079.47 264.43 592.ljo 305.31 Total R¢¢oipts 898.19 898.19 5,343.90 Payrnents Expen8e$ from ChaTtkble Activibes Expenses frorn Fundraising Activiti. Independent ExamlnalTon 2,028.38 154.59 150.Q) 0.00 2,028.38 2,BeA.27 154_59 685.37 150.00 125.00 Total P•ym•nts 2,332.97 0.00 2,332.97 3,474.64 Net Receiptsl(Payments} Tran8f8r b8tsYe8n Funds (1,434.78) 0.00 (1,434.78) 1,869.28 8urpluBI{D•ficit) for Yèar 11,434.78) 0.00 (1,434.781 1,869.26 Stat•m•nt of B#l•ne•8 a8 at 30th Aprll 2024 Un Rwtrlct•d R•8trlct•d Totsl Fund• 2024 Total 2023 Balances at Start of Year surplu￿{De￿CIE} fot Yèat 12.145.18 (1.434.78) 0.00 12,145.18 10.27S.92 o.¢JO (1.434.781 1,869.28 Balances al End of Yèar 10.710.40 0.00 10.710.40 12,145.18 othor A880ts No Othèr Assèts Héld Lhbllltle8 ND Outstanding Li8bilitie¥ Financial Statements approyfid by We Charity and Signod on 118 bèhalf by.. Slqned Treasurer Dated.,.. o&: Ofr: 24,,,.,.,............... Annual Report & Finanual Statements for the year ending 30th April 2024 Scottish Charity No SC045538 Financial Rèview ststement of Reserves Pollcy: The reserves at the end of the year were £10,710 (2022: £12,234). The charity has no employees or buildings which has meant that the trustees have decided that no fomial reserves policy is in place, hoV￿ver, the trustees will continue to monitor as the charrty grows, Investment Pollcy. The trustees have a duty to seek out suitable sources of income generation, The trustees also consider that Ft is prudent to accumulate funds for reseNes to catry out the Gharty's aims and meet their annual obligations for Student fees. The Trustees have the power to invest funds in the best interest of the charity. To mèet these ends the Trustees have invested £10,OIJO in a deposit sawngs account with Vlrgin Money which accumulates intttrest to inGrease the current reserves. Details of any deficit: There was a financial deficit this year, the Trustees will continue to monitor the balance8 going fon¥ard. Details of Donated Facilitieg & Services: The Charlty benefits from thé time glven by all the Trustees to thè runnlng of the Charity. Statèment of Trustees Respon81bllltle8 The members of the Charity must prepare financial Slatements which gtve auffiGient detail to enable an 8ppreciatlon of the transactions of the Charty during the financial year. The members of the Charity are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charty at that time. This must be done to ensure that the financial statements comply wrth the Charrties and Trustee Investment (Scotland) Act 2005. the Chartties Accounts (Scotland) Regulations 2CY)6. They ar6 a180 r88ponsible for safeg-uatding the assets of the Charity and must tske reasonable steps for the prevention andlor deiection of fraud and other irregularittés. Approved by the Trustèes and 8lgned on their behalf by. Dated..