2025-03-31-accounts

Charity Registration Number = 1105904 Company Registration Number - 04200429 100 BLACK MEN OF LONDON A COMPANY LIMITED BY GUARANTEE TRUSTEES, REPOKF AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

100 BLACK MEN OF LONDON LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Trustees Jeremiah Iromaka Sherrine Barrowes Noel Willis Ola Oyalegan Charity Number 1105904 Company Number 04200429 Registered Office Canopi 82 Tanner Street London SEI 3GN Independent Examiner Julius and Julius and Associates LLP 70. Clapton Square Clapton Square London E5 8HW

100 BLACK MEN OF LONDON CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees. Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements

100 BLACK MEN OF LONDON TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial 5tatement5 for the year ended 31 March 2025. Trustees. report and financial statements 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 2025. The trustees have adopted the provisions of Accounting and Reporting by Charitie5'. 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 IFRS 1021 (effective l January 2019). President's Message It is with great pride and enthusiasm that I share with you the remarkable achievements of the 100 Black Men of London charity during this reporting period. Our mission remains steadfast.. to shape. equip. and empower our young people with the skills. opportunities. and support they need to reach their fullest potential. Through our diverse. free, year-round programs in Mentoring. Education. Economic Empowerment, Health & Wellness, and Leadership. we continue to make a Significant impact on the lives of our youth across London. holding Sacred the firm belief that, 'What they see, is What they will be.. Each initiative we deliver is crafted with care and passion. always with the goal of inspiring our beneficiaries to strive for greatness. In this report. you will read about the successes that have made a tangible difference in the lives of young people success stories that stretch from the heart of London to its farthest comers. We take great pride in the progress we have made. but we also know that our work 15 far from over. The difference we make in the lives of young hearts and minds is what drives us every day. and we are excited to share these milestones with you. I would like to extend my sincere gratitude to all our donors. 5pon50rs. partner5. and the lifeblood of our organisation our volunteers. Their dedication, passion. and hard work are crucial to the success of everything we do. Together, we are paving the way for a brighter future. one where our young people are given the guidance. mentorship. and resources they need to thrive. As we move forward on our journey, with our silver jubilee fast approaching next year. we remain committed to overcoming the challenges that come with limited resources and the lingering impact of COVID. Despite these challenges. we have ambitious goals.. to expand our funding. broaden our reach. enhance our programmes, and build new partnerships that will amplify our efforts. We are still very much committed to our laudable project of securing a safe place for our young faces so they can aspire and end up in high places. We see a unique opportunity for corporate organisations and firms to fulfil their Corporate Social Responsibility while helping us meet our future objectives. To that end. we call on businesses to recognise the value of our mission and consider us as their charity of choice. We also welcome individuals or organisations that can support US through donations or fundraising efforts. We need to provide a safe and nurturing space for our young people-a place where they can grow, learn, and ultimately rise to places of success. As always, we measure our impact through the stories of the young people we serve. We are unwavering in our commitment to fostering a community where every young person feels valued. supported. and empowered to become the best version of themselves. Thank you for being a part of this journey. Together. we will continue to shape a brighter future for our youth. and in doing so. create a stronger. more resilient community- Warm regards, Ola Oyalegan, The President 100 Black Men of London Trustees Annual Report l. Overview This year has marked a period of sustained growth. increased visibility. and strategic positioning for 100 Black Men of London I IOOBMOLI. As an organisation with a 24-year legacy of service. we continue to deliver impactful mentoring and community programmes while preparing to celebrate our 25th Anniversary Silver Jubilee. Our work remains Page1 of11

rooted in supporting young people and families across London and beyond. while strengthening governance, partnerships, and long-term SLlStainability. 2. Programmes and Artivities Easter ProgrammeThe annual Easter Programme provided structured. safe. and engaging activities for young people during the school holidays. combining enrichment. social development. and community connection. Unity Bike Ride The Unity Bike Ride in collaboration with other organisations. brought together mentors. young people, families. and partners in a visible demonstration of unity. wellbeing. and collective responsibility for youth development. Annual Conference Uunel Our lune Conference convened mentors. trustees. partners. alumni. and community stakeholders to reflect on impact, share leaming, and align on future priorities. Networking and Engagement Events We hosted a range of networking and relationship-building events. including a golf networking event. designed to connect mentors, corporate partners. alumni. and supporters in informal but purposeful settings. We then concluded the year with end of year celebrations that engenders social interaction in high spirits. 3. Partnerships and Collaboration5 We continued to build strong cross-sector partnerships that enhance opportunities for young people'.•Outdoor and enrichment collaborations. including kayaking and go-karting opportunities. widening access to confidence-building experiences. •Corporate engagement and support from organisations such as Amazon Web Services. British Telecom, and other private sector partners. Inviting our Mentees to open days to leam about their corporate businesses. •Accredited partnership with DemDrones, enabling drone-related leaming and exposure to emerging technology and aviation pathways. •Collaboration with African Caribbean Leukaemia Trust. Avocado Foundation. TIDE Community. and the Black Funding Network, strengthening community reach and shared impact. There are potential corporate sponsors in the pipeline. including Doubleverify and Barclays, reflecting growing interest in IOOBMOL as a trusted community and CSR partner. 4. Mentoringp Reach. and Membership •Geographical Reach.. Membership and engagement now extend beyond London. with participants based as far as W8les and Wolverhampton. Volunteer5 helping with our online offerings.•Global Online Mentoring.. Online mentoring services now support young people and families in Ireland. Namibia. and Chicago. demonstrating international reach. Mental Health and Therapeutic Support.. We expanded referrals into therapeutic and mental health settings, including engagement with Child and Adolescent Mental Health Services ICAMHSI. reinforcing a holistic approach to youth wellbeing. We now have two Psychotherapists helping to support our parents at our Parent-in-Partnership programme. •Alumni Engagement.. Alumni are returning to the organisation. contributing experience. leadership. and aspiration, and reinforcing the long-term impact of our mentoring model. 5. Fundraisingy Governance. and Oryanisational Development Fundraising and Donor Recognitionwe are grateful for the continued generosity and commitment of our donors and sponsors.. •Kingfisher. for sponsoring and supporting our work. •The Pokémon Company Intemational. particulady the DEISR Team. for sustained support over the last five years. Their financial contributions and Pokémon items have supported and uplifted over 550 young people and their families across London and the Southeast. •Amazon Web Services. for corporate support and engagement. •British Telecom. for partnership and collaboration. These contributions have directly strengthened programme delivery. family support. and youth engagement. Organisational Review and Capacity Building Programme delivery to date has been undertaken entirely by volunteers. As our stakeholder base continues to expand. we are now seeking to progress to the next stage by employing dedicated sUPPOrt to manage central administration. To support sustainable growth. we completed a structured review and restructuring process ICMPI to strengthen operational resilience and ensure alignment with our long-term strategy. In parallel, we introduced a comprehensive three-month mentor training programme focused on special educational needs. safeguarding. and effective mentoring practice. ensuring high standards. quality assurance. and conslstency acr055 all programme5. 6. Advocacy and Public Commitment Page2of11

According to the Mayor of London. 'every child should have a mentor.. The IOOBMOL stand ready to support this vision. We continue to offer FREE mentoring to young people and support to parents across London and surrounding areas. working alongside families. schools. and community organisations. 7. Strateglc Corporate Soclal Responslblllty (CSR) Partnershlp Opportunlty As 100 Black Men of London approaches its 25th Anniversary Silver jubilee. we are working deliberately to strengthen our engagement with large corporations. including Fortune 500 and FTSE-listed organisations, seeking credible, values-led. and impact-driven CSR partners.with 24 years of proven delivery. robust governance. and measurable community impact, IOOBMOL offers corporate partners a trusted platfomi to demonstrate long-term commitment to social mobility, youth development. equality. diversity. inclusion. and community investment. Contact us via [e-mail]. Why Partner with IOOBMOL Corporate partners working with IOOBMOL benefit from: •A long-established organisation with a strong reputation. and community trust across London and beyond. Direct alignment with ESG. DEI. and social value objectives. particularly around youth opportunity, education, leadership, wellbeing. and economic empowerment. • High-visibility engagement opportunities through flagship programmes. conferences. publications. and high-profile events such a5 our fundraising Gala. •Meaningful employee engagement opportunities. including structured volunteering. mentoring. skills-based support, and leadership development. Clear social impact outcomes. supported by data. case studies. alumni testimony. and long-term beneficiary tracking. Our Three Core CSR Ask5 We invite corporate organisations to support IOOBMOL through one or more of the following strategic routes.. i.Volunteer and Engage o Deploy your people as mentors. professional volunteers. speakers. advisors. or trustees. This includes structured volunteering programmes aligned to your organisation's CSR and employee engagement strategy. ii.Donate. Sponsor. or Nominate OProvide direct financial support through donatior15. programme 5pon50rship. or multi-year funding agreement5. ONominate IOOBMOL as your organisation's chosen charity at a local. national, or global level. o Sponsor flagship initiatives. including our mentoring programmes. Annual Conference. fundraising Gala, Silver jubilee activities. or community magazine. iii.Amplify and Advocate OPromote IOOBMOL internally and extemally across your organisation and supply chain. o Encourage employees and stakeholders to register for updates, follow us on social media. and subscribe to our YouTube channel. OAdvocate for our work within your corporate networks and industry forums. Strategic Investment Opportunities We are seeking corporate partners willing to invest beyond short-temi funding and work with us on transformational initiatives. including.. •lnvestment in our Silver Jubilee celebrations and legacy projects. •Support for the acquisition of a permanent community building that will serve as a central hub for mentoring. youth services. parent support. health and wellness. education. leadership. and economic empowerment programmes. • Long-term partnerships aligned to workforce development. digital inclusion. technology exposure, and leadership pathways for young people. 8. Looking Ahead: Strategic Vision Our long-term ambition is to secure and purchase a dedicated building that will serve as a community hub. From this venue. we aim to deliver:•Youth mentoring programmes •Guidance and support services for parents •Youth centre and safe space provision •Health and wellness initiatives •Education. leadership. and economic empowerment programmes Page3of11

We invite corporate organisations across London. as well as nationally and internationally. to partner with us and be part of this next chapter of growth and impact. 9. Conclusion With 24 years of proven impact and a clear vision for the future. IOOBMOL is well positioned to scale its work responsibly and sustainably. We thank our trustees. mentors. donors, partners. alumni. and young people for their continued trust and commitment. Together. we look forward to celebrating our 25th year and building a lasting legacy for generations to come.Approved by the Board of Trustees on behalf of 100 Black Men of London. Financial Review During the year ended 31 March 2025. the Charity recorded total income of £56.196.23 12024.. £198,216.95). Total expenditure for the year amounted to £50.768.4912024- £116.924.051. resulting in a net Surplus of £5,427.74 for the year12024= £81,292.90). The reduction in income compared to the previous year reflects lower leve15 of grant and donation income received during the period. Expenditure was carefully managed to ensure that the Charity continued to deliver its core programmes and services effectively. Reserves Policy As at 31 March 2025. the Charity's total funds amounted to £504.767.38 12024.. £499.339.641. This comprised unrestricted funds of £314.270.6412024.. £308.842.901 and restricted funds of £190.496.74 12024- £190,496.74). The trustees consider the level of unrestricted reserves to be appropriate to support the Charity's ongoing activities, meet future commitments, and provide financial stability in the face of fluctuating income leve15. Restricted funds are held in accordance with donor-imposed conditions and will be applied to their intended purposes. The trustees regulady review the Charity'5 re5erve5 P051tion and aim to maintain sufficient unrestricted fund5 to enable the Charity to respond to emerging community needs. sustain existing programmes, and invest in future development. Efforts to strengthen and diversify fundraising activities will continue in support of the Charity's long- term objectives. Golng Concern After reviewing the Charity's financial position and cash flow forecasts. the trustees are satisfied that the Charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly. the financial 5tatement5 have been prepared on a going concem basi5. Objectives and Activities The principal objectives of 100 Black Men of London are to support. mentor. and empower young people and families within the community. To achieve these objectives. the Charity delivers a range of programme5 and community events focused on four key areas of concern= Mentoring Education Economic Empowemient Health & Wellness These core areas are underpinned by Leadership Development. which runs across all our activities. Through our programmes. the Charity promotes: Entrepreneurship and money management skills H igh self-esteem and confidence building Awareness of good health, nutrition. and wellbeing Peer mentoring and positive role modelling Conflict resolution and effective communication Leadership development and civic responsibility In addition, the Charity seeks to provide leadership within the wider community by advocating for. and educating the public on. matters of particular concem. including health and wellness. economic empowerment, and leadership. The trustees have had due regard to the Charity Commission's guidance on public benefit Page4of11

Our programmes and activities include.. Fortnightly Life Skills Community Mentoring Programme for children and parents Workshops covering Black history. economic empowemient, health and wellness. public speaking, and leadership Educational films and cultural visits. including trips to museums and places of leaming Structure, Governance and Management Constitution 100 Black Men of London is registered with the Charity Commission. Trustees do not receive any remuneration, and no trustee has any beneficial interest in the Charity- Appointment of trustees Under the goveming constitution. trustees are elected at the Annual General Meeting for a term of two years and are eligible for re-election. Trustees are drawn from the local community and include individuals with profession31 expertise as well as those with broader organisational. business. and financial skills. Induction and training of trustees All new trustees receive appropriate induction. including infomiation about the Charity's objectives. governance framework. and operations, and attend an induction meeting with relevant personnel. Organisational structure and decision-making All trustees serve on a voluntary basis. There are no paid directors. The Board of Executives is responsible for governance. strategic direction. and future development of the Charity. Day-to-day operations. including financial management, fundraising, and volunteer coordination. are overseen by the Board of Executives. Trustees The trustees, who are a150 the directors for the purpose of company law. and who served during the year and up to the date of signature of the financial statements were- jeremiah Iromaka (Appointed On.. 17104120251 Sherrine Barrowes IAppointed On.. 21110120241 Noel Willis (Appointed On= 01105120231 Ola Oyalegan (Appointed On: 01110120141 Trustees. responsibilities statement The trustees. who are also the directors of Charity For 100 Black Men Of London for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. including the income and expenditure. of the charitable company for that year. In preparing these financial statements. the trustees are required to- select suitable accounting policies and then apply them consistently- observe the method5 and principles in the Charitie5 SORP: make judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the trustees and signed on its b alf by- Jeremiah Iromaka.Sherrine Barrowe5.Noel willis.ola Oyalegan Trustees Date .' 31 March 2025 Page5of11

100 BLACK MEN OF LONDON INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Report to the Trustees of 100 Black Men Of London I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which consists of the statement of financial activities.balance sheet and the related notes Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'l I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 1451511bl of the Act. Independent Examine￿5 Statement The charity's gross income was below £250.000 and l am qualified to undertake the examination by being a qualified member of ICAEW I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination lother than that disclosed below *) which gives me cause to believe that in. any material respect= the accounting records were not kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements conceming the form and content of accounts Set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Name.. Anthony Faleye for and on behalf of Jullus and Jullus and Assoclates LLP Date.. 11 December 2025 Page6of11

100 BLACK MEN OF LONDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Recommended categories by activity Unrestricted funds Restricted Income funds Total Funds 2025 Total Funds 2024 Notes Income and endowments from: Donations and legacies 37.808.14 37.808.14 188.763.87 Charitable activities 8.946.54 8,946.54 2,914.39 Investments 9.441.55 9.441.55 6.538.69 Total 56.196.23 56,196.23 198,216.95 Expenditure on: Raising funds 9.041.38 9.041.38 9.514.66 Charitable activities 41.727.11 41.727.11 104.600.86 Other 2.808.53 Total 50,768.49 50,768.49 116,924.05 Net income 5.427.74 5.427.74 81.292.90 Net movement in funds 5.427.74 5,427.74 81,292.90 Reconclllatlon of funds: Total funds brought forward 308.842.90 190.496.74 499,339.64 418,046.74 Total funds carrled fonvard 314.270.64 190.496.74 504,767.38 499,339.64 Page7of11

100 BLACK MEN OF LONDON BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Recommended categorie5 by actlvlty Current assets Total Funds 2025 Total Funds 2024 Notes Cash at bank and in hand 507.181.42 503.645.15 Total current assets 507.181.42 503,645.15 Creditors.. amounts falling due within one year 2.414.04 4.305.51 Net current assetsllliabilities} 504.767.38 499,339.64 Total net assets 504.767.38 499,339.64 Funds of the Charity Unrestricted funds io 314.270.64 308.842.90 Restricted income funds io 190.496.74 190.496.74 Endowment funds io Total funds 504.767.38 499,339.64 For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companie5 Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees acknowledge their responsibilities for complying with the requirement5 of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 31 March 2025 and signed on its behalf by.. Jeremiah Iromaka,Sherrine Barrowes.Noel willis.ola Oyalegan Trustees Date . 31 March 2025 Page8of11

100 BLACK MEN OF LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l. Income from Donations and Legacies Analysis Unrestricted funds Total funds 2025 Total funds 2024 Donated Goods, facilities and Services 6.246.33 6.246.33 Donation and gifts General grants provided by Governmenvother charities 23.791.81 23.791.81 52.791.66 30.00 30.00 129.994.21 Membership subscriptions and Sponsorships which are in substance donations 7.740.00 7.740.00 5.978.00 Total 37.808.14 37.808.14 188.763.87 2. Income from Charitable Activities Analysis Unrestricted funds Total funds 2025 Total funds 2024 Charitable Activites - Fundraising Charitable Activities 8.287.69 8.287.69 2.914.39 Event Income 564.62 564.62 Miscellaneous Income 94.23 94.23 Total 8.946.54 8.946.54 2.914.39 3. Income from Investments Analysls Unrestrlcted funds Total funds 2025 Totsl funds 2024 Interest income 9.441.55 9.441.55 6.538.69 Total 9.441.55 9.441.55 6.538.69 4. Expenditure on Raising Funds Analysls Unrestrlcted funds Total funds 2025 Total funds 2024 Membership Cost Fundraising Costs Events 26.76 26.76 3.190.25 2.376.10 2.376.10 3.272.14 6.638.52 6.638.52 Total 9.041.38 9.041.38 6.462.39 Support Cost5 3.052.28 9.041.38 9.041.38 9.514.66 Page9of11

1. Expenditure on Charitable Activities Analysls Unrestrlcted funds Total funds 2025 Totsl funds 2024 Interest payable Bank charges Advertising and marketing Legallprofe55ional fees Charitable Project Staff Training Volunteer Costs 2.333.69 2.333.69 149.77 149.77 198.98 3.949.14 3.949.14 1.703.21 1.703.21 2.042.20 3,253.20 28.80 28.80 843.60 Administrative- Events 22.348.35 22.348.35 45.121.71 Administrative Motor and Travel Cost5 - Event 21.00 21.00 26.556.40 Administrative Expenses Premises Costs - Rent 340.00 Administrative Expenses Premises Costs - Hall 765.00 765.00 220.00 Administrative Costs - General 464.07 General Administrative Costs - Advertisement and Promotional Costs 9,274.66 General Administrative Costs - OfficelAdmin Costs 492.98 492.98 5.600.66 General Administrative Costs - Software. IT Support and Related Costs 197.04 197.04 4.311.56 General Administrative Costs - Stationery and Priniting General Administrative Costs - Parking Expense General Administrative Costs - Telephone. Fax and Broadband Storage Purchases 890.66 890.66 927.11 21.11 21.11 10.29 964.94 964.94 1.474.14 1.310.00 1.310.00 3.027.99 3.027.99 Programmes Annual Conference 73.23 73.23 500.00 500.00 Refreshment5 1.670.20 1.670.20 Total 40.447.11 1.280.00 40.447.11 1.280.00 100.638.58 3.962.28 Support Costs 41.727.11 41.727.11 104.600.86

2. Support Costs Totsl funds 2025 Total funds 2024 Analysi5 Support Costs Wages and salaries Governance Costs 6.104.55 Independent examiners fees 1.280.00 910.00 1.280.00 7.014.55 Page10of11

3. Other Expenditure Totsl funds 2024 Analysis Branding 2.808.53 Total 2.808.53

4. Cash at bank and in hand Total funds 2025 Totsl fund5 2024 Current Account 41.225.64 465,955.78 47.130.92 456.514.23 Savings Account Total 507,181.42 503.645.15
5. Creditors: Amounts falling due within one year Total funds 2025 Total funds 2024 Other creditors 1.273.26 169.221 1,210.00 1.273.26 1.822.25 1,210.00 Company Credit Cards Accruals Total 2,414.04 4.305.51
6. Charity funds 10.1 Details of material f unds held and movements during the CURRENT reporting period Fund Fund balances balances brought carried fonvard forward Income Gains and losses Fund names Expendlture Transfers Unrestricted fund5 308,842.90 56,196.23 50.768.49 314.270.64 Restricted income funds 190,496.74 190,496.74 Total 499,339.64 56,196.23 50,768.49 504.767.38 10.2 Details of material funds held and movements during the PREVIOUS reporting period Fund balances brought forward Fund balances carried fonyard Income Gains and losses Fund names Expenditure Transfers Unrestricted funds 227,550.00 198.216.95 116.924.05 308.842.90 Restricted Income funds 190,496.74 190.496.74 Total 418,046.74 198.216.95 116.924.05 499.339.64 Page11 of11