Footsteps for Africa - Charities report - 19.2

REGISTERED COMPANY NUMBER: 07260509 (England and Wales)

REGISTERED CHARITY NUMBER: 1118648

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2019

for

Footsteps for Africa

(A Company Limited by Guarantee)

Footsteps for Africa

Contents of the Financial Statements

for the Year Ended 31 March 2019

Page

Reference and Administrative Details

1

Report of the Trustees

2 to 3

Independent Examiner's Report

4

Statement of Financial Activities

5

Statement of Financial Position

6

Notes to the Financial Statements

7 to 10

Footsteps for Africa

Reference and Administrative Details

for the Year Ended 31 March 2019

TRUSTEES

S E Thomas (Director)

T M Robinson (Director)

R J Taylor (Director) (resigned 1/4/2018)

N J Clifford (Director) (resigned 1/4/2018)

D W Burditt (Director) (appointed 1/4/2018)

REGISTERED OFFICE

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

PRINCIPAL ADDRESS

62 Traps Lane

New Malden

Surrey

KT3 4SE

REGISTERED COMPANY NUMBER

07260509 (England and Wales)

REGISTERED CHARITY NUMBER

1118648

INDEPENDENT EXAMINER

Barnbrook Sinclair

Chartered Accountants

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

Footsteps for Africa

Report of the Trustees

for the Year Ended 31 March 2019

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with

the financial statements of the charity for the year ended 31 March 2019. The trustees have adopted the provisions of

Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their

accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)

(effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The main objects of the charity are to advance the education and welfare support of young people in Kenya and to

relieve poverty and sickness and promote the preservation of good health in Kenya.

Significant activities

During the period covered by these financial statements, the charity continued with its building programme at Katito

Agricultural College, completing two further classrooms, providing direct access to water via the mains facility and

contributing towards a road connecting the new college with the nearby communities. The College has already increased

its number of students and continues to recruit. Furthermore we provided an additional two classrooms at St Aloys

Senior School in Katito.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The trustees are pleased with the achievement of the charitable activities to date and will be consolidating the existing

projects over the next year in order to ensure they bring maximum benefit to the communities they support.

Fundraising activities

The Charity's main fundraising activities during the year were based around a variety of sources. A fund-raising dinner

and auction, donations from existing supporters and the ongoing sponsorship programme which continued to operate

during the year with over 90 individual children in Kenya being sponsored.

Investment performance

The trustees are currently satisfied with maintaining the company assets within interest bearing bank accounts. There are

no plans to expand this with the use of riskier investments.

FINANCIAL REVIEW

Reserves policy

It is the board of trustees policy that unrestricted funds should be maintained at a level sufficient to continue it current

activities for a period of at least six months should there be a period of reduced income.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by

guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Changes in trustees during the year are detailed below as part of the administrative details of the Charity.

Trustees are elected by the members of the charitable company attending the Annual General Meeting. At each AGM

one-third of the Trustees or, if their number is not three or a multiple of three, the number nearest to one-third, must

retire from office. All members are circulated with invitations to nominate trustees prior to the AGM advising them of

the retiring trustees and requesting nominations for the AGM.

Organisational structure

The Board of Trustees must, as per the governing document, have at least three Trustees serving at any one time. The

Board meets on a regular basis and continue communication outside of these meetings.

Induction and training of new trustees

All new trustees are given, in the view of the board, sufficient training and have enough knowledge to understand the

nature of the charity and fully comply with the charity's current view of its progression. New trustees are provided with

relevant information relating to the appointment including their legal obligations under charity and company law, the

Charity Commission guidance on public benefit, the content of the Memorandum and Articles of Association, the

committee and decision-making processes, the charity's business plan and recent financial performance of the charity.

They meet key employees and other trustees. They are encouraged to carry out independent research and participate in

discussions and reviews with existing trustees to ensure they are aware of both their legal and professional

responsibilities under charity and company law as well as attend appropriate external training events where these will

facilitate the undertaking of their role

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

Approved by order of the board of trustees on 29 October 2019 and signed on its behalf by:

S E Thomas - Trustee

Independent Examiner's Report to the Trustees of

Footsteps for Africa

Independent examiner's report to the trustees of Footsteps for Africa ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2019.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for

the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act

and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried

out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the

Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the

examination giving me cause to believe:

1.

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2.

the accounts do not accord with those records; or

3.

the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should

be drawn in this report in order to enable a proper understanding of the accounts to be reached

M E Sinclair

Barnbrook Sinclair

Chartered Accountants

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

29 October 2019

Footsteps for Africa

Statement of Financial Activities

for the Year Ended 31 March 2019

31/3/19

31/3/18

Unrestricted fund

Total funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

23,319

35,287

Other fundraising activities

2

23,238

21,593

Investment income

3

31

27

Total

46,588

56,907

EXPENDITURE ON

Raising funds

Raising donations and legacies

6,902

48,113

6,902

48,113

Charitable activities

Sponsorships

13,751

19,749

Katito Health Centre

13,054

-

Katito Poly

12,657

54,856

Other

15,788

17,739

Total

62,152

140,457

NET INCOME/(EXPENDITURE)

(15,564

)

(83,550

)

RECONCILIATION OF FUNDS

Total funds brought forward

38,045

121,595

TOTAL FUNDS CARRIED FORWARD

22,481

38,045

Footsteps for Africa

Statement of Financial Position

At 31 March 2019

31/3/19

31/3/18

Unrestricted fund

Total funds

Notes

£

£

FIXED ASSETS

Tangible assets

7

1,198

-

CURRENT ASSETS

Cash at bank and in hand

22,531

38,889

CREDITORS

Amounts falling due within one year

8

(1,248

)

(844

)

NET CURRENT ASSETS

21,283

38,045

TOTAL ASSETS LESS CURRENT LIABILITIES

22,481

38,045

NET ASSETS

22,481

38,045

FUNDS

9

Unrestricted funds

22,481

38,045

TOTAL FUNDS

22,481

38,045

The charitable company is entitled to exemption from audit under

Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended

31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)

ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies

subject to the small companies regime.

The financial statements were approved by the Board of Trustees on 29 October 2019 and were signed on its behalf by:

S E Thomas -Trustee

Footsteps for Africa

Notes to the Financial Statements

for the Year Ended 31 March 2019

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been

prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement

of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial

Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)',

Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of

Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost

convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it

is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the

charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and

the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has

been classified under headings that aggregate all cost related to the category. Where costs cannot be directly

attributed to particular headings they have been allocated to activities on a basis consistent with the use of

resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Computer equipment

- 25% on cost

Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section

252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions

arise when specified by the donor or when funds are raised for particular restricted purposes.

Where restricted funds are held, further explanation of the nature and purpose of each fund is included in the

notes to the financial statements as necessary.

2.	OTHER FUNDRAISING ACTIVITIES

31/3/19

31/3/18

£

£

Rafiki Programme

5,966

12,559

Lighthouse Dinner

17,272

8,832

Quiz Night

-

202

23,238

21,593

3.	INVESTMENT INCOME

31/3/19

31/3/18

£

£

Deposit account interest

31

27

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31/3/19

31/3/18

£

£

Depreciation - owned assets

400

-

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2019 nor for the year ended

31 March 2018.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2019 nor for the year ended 31 March 2018.

6.	STAFF COSTS

31/3/19

31/3/18

£

£

Wages and salaries

9,860

8,844

The average monthly number of employees during the year was as follows:

31/3/19

31/3/18

Administration

1

1

No employees received emoluments in excess of £60,000.

7.	TANGIBLE FIXED ASSETS

Computer equipment

£

Cost

Additions

1,598

Depreciation

Charge for year

400

Net book value

At 31 March 2019

1,198

At 31 March 2018

-

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Social security and other taxes

176

97

Other creditors

1,072

747

1,248

844

9.	MOVEMENT IN FUNDS

At 1/4/18

Net movement in funds

At 31/3/19

£

£

£

Unrestricted funds

General fund

38,045

(15,564

)

22,481

TOTAL FUNDS

38,045

(15,564

)

22,481

Net movement in funds, included in the above are as follows:

Incoming resources

Resources expended

Movement in funds

£

£

£

Unrestricted funds

General fund

46,588

(62,152

)

(15,564

)

TOTAL FUNDS

46,588

(62,152

)

(15,564

)

Comparatives for movement in funds

At 1/4/17

Net movement in funds

At 31/3/18

£

£

£

Unrestricted Funds

General fund

121,595

(83,550

)

38,045

TOTAL FUNDS

121,595

(83,550

)

38,045

Comparative net movement in funds, included in the above are as follows:

Incoming resources

Resources expended

Movement in funds

£

£

£

Unrestricted funds

General fund

56,907

(140,457

)

(83,550

)

TOTAL FUNDS

56,907

(140,457

)

(83,550

)

A current year 12 months and prior year 12 months combined position is as follows:

At 1/4/17

Net movement in funds

At 31/3/19

£

£

£

Unrestricted funds

General fund

121,595

(99,114

)

22,481

TOTAL FUNDS

121,595

(99,114

)

22,481

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming resources

Resources expended

Movement in funds

£

£

£

Unrestricted funds

General fund

103,495

(202,609

)

(99,114

)

TOTAL FUNDS

103,495

(202,609

)

(99,114

)

10.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2019, nor for the year ended 31 March

2018.