## **Trustees’ Annual Report for the period** **From 06/04/2022 Period start date To 05/04/2023 Period end date Charity name: The Ibadan Medical Specialists Group (IMSG) UK** ## **Charity registration number: 1090030** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance education by offering funds,
equipment and support to the College of
Medicine, University of Ibadan, (COMUI)
Nigeria.
Improving the quality of medical training at
COMUI. Encourage and support medical
research in Ibadan.
Encourage social interaction and
professional support amongst Ibadan
medical graduates.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Organise Fundraising activity – A charity
walk.
Recruitment of new members to increase
income from membership subscriptions.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|I confirm that the trustees carried out their
functions with due regards to the guidance
issued by the Charity Commission on
public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other 1 ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Sponsored a number of indigent medical
students by payment of needed tuition fees
and upkeep allowance to ensure
continuation of their education.
Supported financially the University of
Ibadan Medical Students’ Association
(UIMSA) in organisation of educational
activities like Quiz Competition, Essay
Writing and other academic activities that
enhance medical students learning.
Sponsored the publication of Journal of
Global Medicine (JOGM) made available to
COMUI.
Organised and sponsored IMSG Annual
Educational Symposium at the COMUI in
November.| **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Due to fundraising activities the trustees
are happy to report an increase in
donations and legacies, which will fund our
activities in years to come.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The IMSG's policy is to identify worthy
projects which will further its stated
objectives, and then embark on fundraising
drives to pay for them. Any funds raised are
disbursed as rapidly as is prudently
possible, and reserves are therefore not
usually retained.| |Amount of reserves held|Para 1.22|None| |Reasons for holding zero
reserves|Para 1.22|As already stated.| |Details of fund materially in
deficit|Para 1.24|There are no funds in deficit.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity is a going concern.| 2 ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution adopted 6 March 1995 as
amended 23 November 1996, 9
September 2000, 8 September 2001, 30
August 2003, 18 March 2017 and 30
November 2020.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|As an association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Election of eligible members into the post
every 2 years by all other members.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other 3 ## **Reference and Administrative details** |Charity name|**The Ibadan Medical Specialists Group (IMSG) UK**| |---|---| |Other name the charity uses|IMSG UK| |Registered charity number|1090030| |Charity’s principal address|1 Pensom Court
Ollerton
Newark, Notts
NG22 9BF| ||| 4 ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8|**Trustee name**|**Office (if any)**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---|---|---| ||DrLanreOgunyemi|Ex-Officio||||| ||DrTonye Wokoma|Financial Secretary||||| ||MrBodeWilliams|Vice President||||| ||MrBanji Adeyoju|President||||| ||MrFunsoAdedeji|Education Secretary||||| ||MrBiodun Abioye|General Secretary||||| ||MrKolawoleAliyu|Assistant General
Secretary||||| |||||||| ||Corporate trustees–names of||the directors at the date the report was approved|||| ||**Director name**|||||| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** 5 ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** 6 ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Dr Abel Adegoke|| ||
Financial Secretary|| ||14/07/2024|| ||14/07/2024|| 7 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** The Ibadan Medical Specialists Group **On accounts for the year** 05/04/2023 **Charity no** 1090030 **ended (if any) Set out on pages** 10 & 11 - I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **05 / 04 / 2023** . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 22/07/2024 **Name:** Michael Spencer **Relevant professional** AAT **qualification(s) or body (if any):** **Address:** 65 Arnfield Road Manchester M20 4AG ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 8 **Give here brief details of** None to report **any items that the examiner wishes to disclose** . 9 ||**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**No (if any)**|**No (if any)**||**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||**The Ibadan Medical Specialists Group**
|||||**1090030**
|||| ||**Receipts andpayments accounts**||||||||| ||**For the period**
**from**||Period start date||**To**||Period end date||| ||||06/04/2022||||05/04/2023||| ||||||||||| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**| ||**to the nearest**
**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Donations & legacies|**42,990**||**-**||**-**||**42,990**||**15,112**| |Investments|**17**||**-**||**-**||**17**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|
**43,007**||**-**||**-**||**43,007**||**15,112**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**|**-**||**-**||**-**||**-**||**-**| ||||||||||| |**_Total receipts_ **|**43,007**||**-**||**-**||**43,007**||**15,112**| ||||||||||| |**A3 Payments**|||||||||| |~~R~~aisingFunds: UK Together Event|**2,240**||**-**||**-**||**2,240**||**-**| |~~R~~aisingFunds: Dinner|**10,708**||**-**||**-**||**10,708**||**5,336**| |~~C~~haritable Activities: Ibadan|**13,115**||**-**||**-**||**13,115**||**3,683**| |~~C~~haritable Activities: Website|**1,882**||**-**||**-**||**1,882**||**-**| |~~C~~haritable Activities: Accountant|**372**||**-**||**-**||**372**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**28,316**||**-**||**-**||**28,316**||**9,019**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| ||**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||| |**_Sub total_ **|**-**||**-**||**-**||**-**||**-**| ||||||||||| |**_Totalpayments_ **|**28,316**||**-**||**-**||**28,316**||**9,019**| ||||||||||| |**_Net of receipts/(payments)_**|**14,691**||**-**||**-**||**14,691**||**6,093**| |**A5 Transfers between funds**|**-**||**-**||**-**||**-**||**-**| |**A6 Cash funds lastyear end**|**40,688**||**-**||**-**||**40,688**||**34,595**| |**_Cash funds thisyear end_**|**55,380**||**-**||**-**||**55,380**||**40,688**| 10 ## **Section B Statement of assets and liabilities at the end of the period** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Cash at bank and in hand 55,380 - -
- - -
- - -
Total cash funds 55,380 - -
(agree balances with receipts and payments
account(s)) OK OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B3 Investment assets - -
- -
- -
- -
- -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B4 Assets retained for the - -
charity’s own use - -
- -
- -
- -
- -
- -
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on Date of
behalf of all the trustees Signature Print Name approval
Dr Abel Adegoke 21/07/2024
**----- End of picture text -----**
11