Registered number: 1083162
MENFA MENTORING FOR ALL
==> picture [499 x 7] intentionally omitted <==
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CHARITY INFORMATION
Trustees Gabriel Uzor Rev. Martins Mbuko Paulette Palmer Charity number 1083162 Registered office 1a Maria Street Butetown Cardiff CF10 5HG
CONTENTS
| Page | |
|---|---|
| Trustees' Report | 1 |
| Statement of Income and Retained Earnings | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 - 7 |
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their report and the financial statements for the year ended 31 March 2025. MenFA is a charity registered in the UK operating in Cardiff.
The charity's objectives are the advancement of the education of adults, through young people and children, through advice and counselling and mentoring. This takes place in the local community, schools, colleges and other educational establishments. The aim is to develop individuals' physical, mental and spiritual capacities in order to improve their life conditions.
Trustees
The Trustees who served during the year were:
Gabriel Uzor Rev. Martins Mbuko Paulette Palmer
Going concern
The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Reserves
General funds within Unrestricted funds held at 31 March 2025 was £25,242.
This report was approved by the board and signed on its behalf.
................................................ Trustee
Date:
05.01.2026
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Note | £ | £ | |
| Donations & grants | 4 | 41,660 | 13,601 |
| Gross profit | 41,660 | 13,601 | |
| Charitable activities | 5 | (17,309) | (13,025) |
| Operating surplus/(deficit) | 24,351 | 576 | |
| Funds at the beginning of the year | 891 | 315 | |
| Surplus/(deficit) for the year | 24,351 | 576 | |
| Funds at the end of the year | 9 | 25,242 | 891 |
The statement of funds includes all gains and losses recognised in the year.
The notes on pages 4 to 7 form part of these financial statements.
REGISTERED NUMBER: 1083162
BALANCE SHEET AS AT 31 MARCH 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Fixed assets | 3 | 1,186 | 1,593 | ||
| Current assets | |||||
| Debtors: amounts falling due within one year | 6 533 |
533 | 371 | ||
| Cash at bank and in hand | 7 | 25,173 | 427 | ||
| 26,892 | 2.391 | ||||
| Creditors: amounts falling due within one | |||||
| year | 8 | (1,650)) | (1,500) | ||
| Net current assets | 25,242 | 891 | |||
| Total assets less current liabilities | 25,242 | 891 | |||
| Net assets | 25,242 | 891 | |||
| Funds | |||||
| Unrestricted funds | 9 | 25,242 | 891 | ||
| 25,242 | 891 |
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ Trustee
Date:
05.01.2026
The notes on pages 4 to 7 form part of these financial statements.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. General information
MenFA is a charity registered in the UK operating in Wales.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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) , the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
The financial statements have been prepared on the going concern basis and to give a true and fair view of the charity’s financial activities and financial position.
2.2 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet.
2.3 Expenditure
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Debtors
Short-term debtors are measured at transaction price, less any impairment.
2.5 Tangible Fixed Assets
Tangible fixed assets are stated at cost less depreciation.
2.6 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. Tangible Fixed Assets
| Computer | |
|---|---|
| equipment | |
| £ | |
| Cost At 1 April 2024 |
2,000 |
| Additions At 31 March 2025 |
- 2,000 |
| Depreciation At 1 April 2024 Charge for the year At 31 March 2025 |
407 407 814 |
| Net book value as at 31 March 2025 | 1,186 |
4. Donations & Grants
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Grants | 41,660 | 13,601 |
| 41,660 | 13,601 |
5. Expenditure on Charitable Activities
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Volunteers | 10,350 | 7,269 |
| Repairs & renewals | 1,260 | 1,325 |
| Printing & stationery | 150 | - |
| Depreciation | 407 | 407 |
| Utilities | 218 | 50 |
| Entertainment | 395 | - |
| Rates | 350 | - |
| Legal & professional | 2,380 | 2,900 |
| Insurance | 799 | 74 |
| Rent | 1,000 | 1,000 |
| 17,309 | 13,025 |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. Debtors
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income | 533 | 371 |
7. Cash and cash equivalents
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash at bank and in hand | 25,173 | 427 |
8. Creditors: Amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 1,650 | 1,500 |
9. Statement of funds
| Balance at | ||||
|---|---|---|---|---|
| Balance at 1 | 31 March | |||
| April 2024 | Income | Expenditure | 2025 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General funds | 891 | 41,660 | (17,309) | 25,242 |
| Total funds | 891 | 41,660 | (17,309) | 25,242 |
General funds represent the balance of MenFA funds to be utilised within the charity's objectives.
10. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
The average monthly number of employees, including directors, during the year was 0 (2024 - 0).