THE ERNEST FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024
Charity Registration Number: 1116823
Company Registration Number: 5976834
LONDON ACCOUNTANCY PRACTICE
SOJOURNER TRUTH COMMUNITY CENTRE
161 SUMNER ROAD
LONDON SE15 6JL

THE ERNEST FOUNDATION
YEAR ENDED 31ST OCTOBER 2024
CONTENTS
Page
Administrative Inforniation
Management Trustee's Report
Independent Examinerfs Report
Statement of Financial Activities
10
Balance Sheet
11
Notes to the Financial Ststements
12-13
Detsiled Income and Expenditure
14

THE ERNEST FOUNDATION
ADMINISTRATIVE INFORMATION
AS AT 31ST OCTOBER 2024
REGISTRATION DETAILS
The Ernest Foundation is an
incorporated organisation registered as a
charity with a Charity registration number
1116823. and Company Registration
number 5976834.
GOVERNING DOCUMENT
The Ernest Foundation is governed by the
Companies Act 2006, Charities Act 2011. and
its, constitution.
MANAGEMENT COMMIThEE
Mr Eric Appiah Nkrumah..
Chairman
Mr Anthony Fosu Mainooh... .Secretary
MrAdomako......
.Tieasurer
Mr Baidoo....
..Member
Ms Pauline Ansong...........
Member
Mrs Benedicta Yanwube.. .
..Member
PRINCIPAL ADDRESS
The Ernest Foundation
45 Cardrff House
Peckham Park Road
London SE15 6rr
INDEPENDENT EXAMINER
London Accountancy Practice
Sojourner Truth Communtty Centre
161 Sumner Road
London SE15 6JL
BANKERS
Barclays Bank
Woolwich Branch
London

THE ERNEST FOUNDATION
MANAGEMENT COMMITTEE REPORT
YEAR ENDING 31ST OCTOBER 2024
The Annual report of the foundation for the year ending 31st October 2024, which
has been agreed by the Board
1.0 PRINCIPAL ACTIVITY
The principal activity of the charity is to help support and improve the quality of life of
people living with and affected by HIV, Mental Health Wellbeing issues, and other
related diseases among the Black Minority Ethnic (BME) community and others in
England, Wales, and Ghana. The foundation also works with children and young
people to help them focus on their education and stay off the street from gun crime and
other antisocial activities. We also help to reduce poverty in deprived communities in
Ghana and members in London.
2.0 MISSION AND VISION STATEMENT:
Our mission is to support and provide education, self-esteem, and empowerment
activities for people living with HIV and Mental well-being health issues to enable them
to live a nornal happy life without fear of stigmatization. We also run educational
programs on HIV with schools, Faith groups, and the public to help redu￿ the spread
of HIV.
Our vision is to help create the following.
A world where people are not in fear of HIV.
A world where people are free from stigma, discrimination, and prejudice.
A world where people will be free and willing to go for early HIV testing.
A world where we educate ourselves to combat the spread of the disease.
3.0 AIMS AND OBJECTIVES:
Our aim is to carry out projects and activities that will bring relief and help improve the
lives of people living with and affected by HIV and its related diseases among the
Multinational communities and others in England. We also aimed at working with
children and young people to help build their confiden￿. get them off the street, and
focus on their education.
Our main objectives are:
Advan￿ and promote public education and research in the field of health and
communicable diseases and help redu￿ its spread.
Advocate for the provision of free needed medication for the BAME community
and others living with HIV but cannot afford the cost of treatment.

Provide home Gare support for such people who have undergone medical
treatment or who otherwise require nursing care and regular specialist medical
attention and to relieve poverty. distress. and sickness among such people and
their families
Provide counselling, support, and care for people living with HIV and related
health problemslconditions.
Organise HIV awareness seminars among the BME community and others in
England and Wales on the prevention and spread of HIV.
Support people living wrth HIV on issues that will promote their equal rights to
treatment and living condition.
Address stigma, prejudi￿, and taboo against people living with HIV and Mental
Health
Provide supplementary education services to young people among the Black
Ethnic Minorities.
Organise and run a support group for BME women and LGBT+
4.0 CHAIRMAN'S STATEMENT:
The Ernest Foundation Annual Report for the Year Ending 3151 October 2024
Executive Summary
The Ernest Foundation continues to make significant strides in addressing health inequalities
and improving the well-being of disadvantaged communities. Throughout the year: our focus
has been on fostering resilience, enhancing mental and physical health, and strengthening trust
between the BAM E community in Southwark and healthcare providers.
Our key initiative, 'Health in Harmony?
' successfully engaged over I ￿ service users,
providing critical support to those struggling with mental health challenges. This year, we
secured funding from Southwark Council to build our organisational capacity and conducted
36 gym sessions in partnership with Sport Works and 12 workshops to promote physical well-
being, and increase confidence, self-esteem, and health well-being of our service users . Our
projects were developed around three core themes:
Hearing and responding to community health priorities
In]proving community access to immunisation, screening? and wider health services
Developing sustainable metbods of building partnerships between communities and
health services
By addressing the health inequalities experienced by the BAME community in Southwark, our
programmes helped combat isolation, loneliness: and lack of trust in the healthcare system.
Through mental health awareness workshops, confidence-building activities, and collaborations
with health professionals, we aimed to empower individuals and create lasting change.
Projects Undertaken
Health in Harmony
Our flagship project focused on building mentsl health capacity among servic¢ users through a
combination of workshops. fitness sessions, and community engagemenL Over 100 individuals
benefited from tailored interventions aimed at addressing the mental health crisis within the
BAME community.

Key Achievements and Impact:
Reduced isolation through group activities and peer support
Encouraged behaviour change towards healthier lifestyles
Developed self-esteem and confidence in participants
Improved mental health and overall well-being
Helped overcome stigma surrounding mentsl health
Strengthened social bonds and friendships within the community
Promoted healthier and longer life spans through active engagement
Fostered greater trust between participants and health professionals
Our work was made possible through the generous SUp￿rt of our funders and partners,
including:
Southwark Council
Peekham Settlement
Sport England
Social Prescribers
United St. Saviour
Sport Works (partnership for gym S￿S1On5)
Future Projects: Health in Harmony Expansion
Looking ahead, The Ernest Foundation plans to build upon the success of Health in
Harmony" with an expanded focus on individuals living with HIV and mental health
challenges.
Objectives:
Enhance physical and mental well-being through structured activities
Provide three weekly classes (3 hours eaeh) tailored to support participants
Encourage regular physical activity to boost immune system health
Create a safe and supportive environment to address menLql health concerns
Build self-esteem and confidence whi le fostering community connections
Offer a range of fitne&s, multi-sporL% and mobility activities designed around
participant abilities
Provide nutritional and mental well-being talks followed by refreshments

With these initiatives, we aim to continue reducing isolation. enhancing community bonds,
and improving the overall quality of life for our service users.
Conclusion
The Ernest Foundation remains dedicated to tackling health inequalities, supporting mental well-
being, and empowering our community. We express our deepest gratitude to our funders,
partners, and volunteers for making our impact possible. As we move forward, we remain
committed to delivering innovative, community-driven programmes that make a lasting
diff¢rence.
We look forward to another year of growth, collalx)ration, and positive transforniation within
the communities we serve.
Signe
Erne
t Nkrumah
Executive Director

THE ERNEST FOUNDATION
MANAGEMENT COMMirrEE REPORT
YEAR ENDED 31st OCTOBER 2024
STATEMENT OF MANAGEMENT COMMITTEE RESPONSIBILITIES
The Management Committee is required to prepa￿ financial statements which give a
true and fair view of the state of affairs of the project and of the income and expenditure
of the project for that period. In preparing these financial statements, the management
committee is required to:
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent"
state whether applicable standards and statement of recommended practice
have been followed, subject to any material departures disclosed and
explained in the financial statements,. and
prepare the financial statements on a going con￿rn basis unless it is
inappropriate to presume that the project will continue in operation.
The Management Committee is responsible for keeping proper records that disclose at
any time the financial position of the project. They are also responsible for
safeguarding the assets of the organisation and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
Secretary .
Anthony Fosu Mainooh

THE ERNEST FOUNDATION
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31st OCTOBER 2024
I report on the accounts of the company for the year ended 315t October 2024, which are set
out on pages 11 to 12
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not
required for this year under section 144{2) of the Charities Act 2011 (the 2011 Act) and that an
independent examination is needed.
Having satisfied myself that the charty is not subject to audit under cornpany law and is eligible
for independent examination, it is my responsibilty to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given
by the Charty Commission under section 145(5){b) of the 2011 Act., and
to state whether particular matters have come to my attention.
Basis of independent examinerfs report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disclosures in the accounts, and seeking explanations from you as
trustees conceming any such matters. The procedures undertaken do not provide all the
evidence that would be required in an audit and consequently no opinion is given as to whether
the accounts present a Irue and fair view, and the report is limited to those matters set out in
the statement below.
Independent examinerfs statement
In connection with my examination, no matter has come to my attents'on"
(1) which gives me reasonable cause to believe that in any material resped the
requirements:
to keep accounting records in accordan￿ with section 386 of the Companies Act 2006.
and
to prepare accounts that accord with the accounting records, comply with the
accounting requirements of section 396 of the Companies Act 2006 and with the
methods and principles of the Statement of Recommended Practice.. Accounting and
Reporting by Charities
have not been met; or
(2) to which. in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
a>g"
Ade Adeb
MA. CGMA ACG
London Accountancy Practice
161 Sumner Road
London SE15 6JL

THE ERNEST FOUNDATION
STATEMENT OF FINANCIAL ACTMTIES
YEAR ENDED 31 OCTOBER 2024
INCOMING RESOURCES
Unrestrlcted Restricted
Fund
Fund
Total
2024
Total
2023
Volurkary Income
12.367
35,053 47,420 53.058
Donab'ons
3,180
3,180
Total Incoming Resources
15,647
35,063 50600 53,058
Cost of generats.ng Funds:
Charitable ath"vits"es
•1
3,100
52.817
55,917 47,458
Total Charltable Activities
3,100
52,817 55,917 47468
Net Incomlng Resources
12,447
-17,764
-5.317 5,573
Balance Brought Forward
7,576
17,777 25,353 19,780
Balance Carried Forward
13 20,036 25,363
10

THE ERNESTFOUNDAIION
BALANCE SHEET
ASAT31 OCTOBER 2024
FIXED ASSETS
2024
2023
CURRENT ASSETS
Debtors
Bank arKI cash at hand
17.713
3,073
20,786
17,713
9.390
27,103
CURRENT UABIUTIES
Creditors & Acctuals
750
1750
20.036
25,353
20.036
REPRESENTED BY:
FUNDS:
Unrestncted
Restiicted
20.023
13
7.576
17,777
30-QF
Approved by the Board of Directors on ...............................................
2025
ar¥J signed on rts behalf by
Sign........................
..Dired
st Nk[￿nah

THE ERNEST FOUNDATION
NOTES TO THE ACCOUNTS
YEAR ENDED 31ST OCTOBER 2024
1. ACCOUNTING POLICIES
Basis of preparation of Financial Statements
The financial statements are prepared under the historic cost convention and
include the results of the charity's operations which are described in the
Management Committee's Report and all of which are continuing.
The accounts have been prepared in accordance with the Statements of
Recommended Practice for charity accounts.
The charity has taken advantage of the exemption of Financial Reporting
Standard No 1 from the requirements to produ￿ a cash flow statement on the
grounds that it qualifies as a small charity
1.2 Incoming Resources
1.2.1 Revenue grants are credited to the Statement of Financial Activities on the
earlier date of when they are received or when they are receivable, unless they
relate to a specific future period, in which case they are included on the Balance
Sheet as deferred income to be recognised in the future accounting period.
1.2.2 Grants received for specTfic purposes are accounted for as restricted funds in the
Statement of Financial Activities.
1 .3 Restricted Funds
Restricted fvnds are to be used for specific purposes as laid down by the donor.
Expenditure which meets these criteria is identified to the fund, together with a
fair allocation of management and support costs.
1 .4 Unrestricted Funds
Unrestricted fvnds are donations and other income received, or generated for
the objects of the organisation without further specified purpose and are
available for general funds.
1.5 Designated Funds
Designated funds are unrestricted funds eannarked by the Management
Committee for particular purposes.
12

Debtors
2024
2023
other Debtors
Creditors & Accruals
2024
2023
Accountancy Fee
750
13

THE ERNEST FOUNDATION
DETAILED INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31 OCTOBER 2024
INCOMING RESOURCES
Unrestricted Rostrlctsd
Fund
Fund
2024
Total
2023
Total
Award for London
Soudmark Council
Partnership Soutt)wark
The Peckham Setllement
Sports England
Communty Southw
United St SaNryours
London Communtb'es
VAT Reclaim
Donations
other Income
Total Incoming Resources
9799
16,153 16,583
6,000
16,153
2,OQO
13,700
3,200
2.000
13,700
3,200
10,000
2,500
10,000
9,800
5,850
2,367
3,180
2,367
3,180
2,526
50,600 53,058
15,547
35.053
2024
Total
2023
Total
OUTGOING RESOURCES
Charitable Expendlture
Salariesl HfvRC
Sessional Worker
Peer Support Volunteer Expenses
Ndministrative Expenses
Hall Hire
PublicationlPublicty
Peer Support ￿tIng Expense5
Teleph)ne
Postage & StsticKEry
coc
Transport
Subscription
Equipment
Payroll
utility
Insurance
Professional fee
countancy Fees
Total Resources Expended
30.670
30,670
9.801
2,899
7,250
800
3,810
2,490
8,750
2,219
650
5.800
550
3.738
5,800
550
3,738
3,100
3,100
1,905
445
1,600
4,612
35
1,018
173
1,204
317
1,905
445
1,600
4,612
35
1,018
173
1,204
317
1,550
35
999
2,728
1,978
876
750
650
55,917 47N85
750
52,817
3.100
14