REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 30th June 2024 |
for |
Christianna Foundation |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 30th June 2024 |
for |
Christianna Foundation |
Christianna Foundation |
Contents of the Financial Statements |
for the Year Ended 30th June 2024 |
Page |
Report of the Trustees | 1 | to | 5 |
Independent Examiner's Report | 6 |
Statement of Financial Activities | 7 |
Balance Sheet | 8 | to | 9 |
Notes to the Financial Statements | 10 | to | 14 |
Christianna Foundation (Registered number: 09084750) |
Report of the Trustees |
for the Year Ended 30th June 2024 |
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 30th June 2024. 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 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
Christianna Foundation is established to:- |
a) The advancement of education, in particular but not limited to assisting children in poor schools in Nigeria and |
b) The furtherance of the charitable work of the charity by advancement of such other charitable purposes as the Trustees shall from time to time decide. |
Christianna Foundation (Registered number: 09084750) |
Report of the Trustees |
for the Year Ended 30th June 2024 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
Christianna Foundation UK and Nigeria actively engaged in several impactful initiatives from July 01, 2023 to June 30, 2024, aimed at enhancing literacy and supporting educational infrastructure. This report outlines the charity's activities, underscoring the effective application of resources towards improving literacy levels among children. |
Highlights of Activities and Achievements |
1. Measurable Literacy Enhancement through Reading Made Easy Workshops |
1.1 Christianna Foundation in partnership with Telling Our Tales completed a 2-year pilot of workshops, which ran from September 2021 until July 2023. The workshops adapted Reading Made Easy books by Telling Our Tales into booklets for use within a classroom environment to assess the effectiveness of Reading Made Easy materials and the combined phonics and sight word approach top learning to read. workshops on English literacy levels among primary aged pupils. The pilot aimed to make measurable progress in literacy by filling an identified need for alternative early literacy materials. 300 pupils took part in the pilot and results were measured by using an adapted version of the USAID Early Grade Reading Assessment (EGRA). Significant, concrete, quantitative improvements were measured. |
1.2 Data from the pilot research was compiled into a research paper by the end of 2023, Scaling Children's Literacy in Nigeria: A Statistical Analysis of the Reading Made Easy Programme. Research was conducted by Joseph Venezia, MS, Statistical Consultant, London, UK, Alaaeldin Mostafa, PhD, Data Analyst, London, UK |
1.3 The study revealed significant improvements across all assessed reading skills, with the most considerable gains noted in the areas of letter sound recognition and listening comprehension. By the end of Year 2, there was a dramatic decrease in zero scores and increase in average scores, reflecting a remarkable enhancement in pupils reading abilities, essential for their future academic and professional endeavours. These findings have substantial implications, suggesting that the Reading Made Easy programme can be a pivotal component in transforming early-grade literacy education in Nigeria. The programme's success demonstrates its potential for scaling up to benefit a larger population of pupils. The report recommended that expansion of the Reading Made Easy Programme to additional schools while continuing to monitor its impact on pupil literacy. |
1.4 Core finding from the research were: |
1.4.1 Comprehensive Literacy Improvement |
The study recorded a pronounced decrease in the proportion of zero scores across all assessed reading skills areas. This improvement, from the baseline to the end of Year 2, signifies a marked increase in children's foundational literacy abilities. Further evidence of the significant increases in literacy skills was found in improvements in average scores and percentile improvements indicated many students made very large improvements of 30 percentage points or more. |
1.4.2 Exceptional Gains in Core Skills |
Remarkable strides were observed in "Letter Sound Recognition" and "Listening Comprehension". These two areas are critical to reading fluency and comprehension, and they exhibited the most substantial improvements. For example, zero scores in Listening Comprehension plummeted from 97.18% to a mere 4.23% by the end of Year 2. |
"You should ask the government to give one period to Reading Made Easy. There is no way our children can develop better than this system." Mr Opadtade, Headmaster St. John, Idi-Osi |
Christianna Foundation (Registered number: 09084750) |
Report of the Trustees |
for the Year Ended 30th June 2024 |
"RME has increased the positive behaviours around reading in English including the following; pupils are now reading fluently, observing reading habits on punctuation marks, and able to comprehend what they have read." Mr Kolawole Olasupo Christianna Foundation Course Facilitator |
2. Book Box Library Club |
2.1 Book Box Library Club continued its activities and is now recognised as an essential part of the schools programme within the schools it operates in. |
2.2 Book Box Library Club Super Mentor awards went to seven teachers for exemplary support of students' literacy. |
2.3 Procurement of educational materials, including 2000 notebooks, 500 bookbags, 600 storybooks, and 500 early phonics readers, to bolster the mobile libraries and support the new academic year. |
3. Ongoing Support for Existing Built Libraries |
3.1 In November 2023 we complete the library renovation at Community High School Sawia. This was our first built library renovation back in 2015. A large school with over crowded classes we equipped a library that spanned 2 rooms and donated nearly 1000 books. There was much work to be done after 8 years of use and again we found the ceiling badly damaged over successive wet seasons. We needed to undertake an extensive renovation that fixed the roof and many of the bookshelves, tables and chairs. The library was also given refurbished shutters and a bright new coat of paint. |
"The management, staff and entire students of [Community High School Sawia] use this [letter of appreciation] to appreciate Christianna Foundation for renovation and equipment of our school library. We are promising to make use of it properly and effectively. Thanks for your care and provision." Yours Faithfully, Akane R. M Mrs-Principal |
3.2 Infrastructure improvements during August and September, including flooring replacement in three classrooms at Ibadan School for the Handicapped. |
Conclusion |
Throughout the fiscal year 2023-2024, Christianna Foundation has demonstrated a strong commitment to enhancing literacy among children in Nigeria. Through innovative literacy programmes, infrastructure improvements, and community engagement, the Foundation has laid a solid foundation for future growth and expansion. The tangible improvements in literacy levels and the supportive feedback from the community underline the success of the Foundation's initiatives. With continued support and funding, Christianna Foundation aims to extend its impactful work, fostering a brighter educational future for children in Nigeria. |
FINANCIAL REVIEW |
Reserves policy |
Christianna Foundation banks with a UK bank. Any reserve will be for future funding activities and to achieve its objectives as a charity. |
Christianna Foundation (Registered number: 09084750) |
Report of the Trustees |
for the Year Ended 30th June 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The Charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
The company is limited by guarantee and therefore has no share capital. Each Trustee's guaranteed liability is limited to £10. |
Recruitment and appointment of new trustees |
The charity may by ordinary resolution appoint a person who is willing to act as a trustee. |
The Trustees shall ensure that when a new trustee (also known as members) is admitted, account shall be taken (to the extent that the Trustees consider it practicable to do so) of the need for Members to contribute to both the balance and the range of skills and expertise present in both the membership and the Trusteeship from time to time. |
Every trustee must sign a declaration of willingness to act as a Charity Trustee of Christianna Foundation before he or she is eligible to vote at any meeting of the trustees. |
A trustee may not appoint an alternate Trustee or anyone to act on his or her behalf at meetings of the trustees |
Every trustee must ensure that the charity at all times has a list of their interest as trustee, director, officer , partner, elected member of firm, body or public body. Also they are to disclose if they own more than 1% of public quoted company, own or control more than 10% of not publicly company or any other interest which is significant or material where decision of contract, proposed contract, arrangement or dealing are concern. |
New trustees should read the Memorandum and Articles of Association of Christianna Foundation, which is freely available on Companies House Website. |
Related parties |
Christianna Foundation (Nigeria) is the sister charity in Nigeria which enable charitable work to be carried out. The trustees, Mr.Abayomi Akinjide and Mrs. Alisa Simone Gourley are also trustees of Christianna Foundation (Nigeria). |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Christianna Foundation (Registered number: 09084750) |
Report of the Trustees |
for the Year Ended 30th June 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Company Secretary |
Independent Examiner |
NCCS Associates Limited |
88 Lichfield Grove |
Finchley |
London |
N3 2JN |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Christianna Foundation |
Independent examiner's report to the trustees of Christianna Foundation ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th June 2024. |
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. |
Noel Chan Ah Song |
NCCS Associates Limited |
88 Lichfield Grove |
Finchley |
London |
N3 2JN |
26th March 2025 |
Christianna Foundation |
Statement of Financial Activities |
for the Year Ended 30th June 2024 |
30.6.24 | 30.6.23 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Charitable activities |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 32,664 |
Christianna Foundation (Registered number: 09084750) |
Balance Sheet |
30th June 2024 |
30.6.24 | 30.6.23 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 7 |
Unrestricted funds | 32,664 |
TOTAL FUNDS | 32,664 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 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. |
Christianna Foundation (Registered number: 09084750) |
Balance Sheet - continued |
30th June 2024 |
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 and authorised for issue on |
Christianna Foundation |
Notes to the Financial Statements |
for the Year Ended 30th June 2024 |
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 2019)', 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. |
Plant and machinery | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
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. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Christianna Foundation |
Notes to the Financial Statements - continued |
for the Year Ended 30th June 2024 |
2. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30th June 2024 nor for the year ended 30th June 2023. |
3. | STAFF COSTS |
The average number of employees during the year was Nil (2023 - Nil) |
4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricte |
fund |
£ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Charitable activities |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 32,664 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1st July 2023 and 30th June 2024 |
DEPRECIATION |
At 1st July 2023 and 30th June 2024 |
NET BOOK VALUE |
At 30th June 2024 |
At 30th June 2023 |
Christianna Foundation |
Notes to the Financial Statements - continued |
for the Year Ended 30th June 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Accruals and deferred income |
7. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.7.23 | in funds | 30.6.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 32,664 | 16,140 | 48,804 |
TOTAL FUNDS | 16,140 | 48,804 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 30,281 | (14,141 | ) | 16,140 |
TOTAL FUNDS | ( |
) | 16,140 |
Comparatives for movement in funds |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 14,805 | 17,859 | 32,664 |
TOTAL FUNDS | 14,805 | 17,859 | 32,664 |
Christianna Foundation |
Notes to the Financial Statements - continued |
for the Year Ended 30th June 2024 |
7. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 30,000 | (12,141 | ) | 17,859 |
TOTAL FUNDS | 30,000 | (12,141 | ) | 17,859 |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 14,805 | 33,999 | 48,804 |
TOTAL FUNDS | 14,805 | 33,999 | 48,804 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 60,281 | (26,282 | ) | 33,999 |
TOTAL FUNDS | 60,281 | (26,282 | ) | 33,999 |
Christianna Foundation |
Notes to the Financial Statements - continued |
for the Year Ended 30th June 2024 |
8. | RELATED PARTY DISCLOSURES |