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2024-12-31-accounts

Advancement of education, promotion of racial harmony and entrepreneurship

Nigerian Community Leeds 27 Compton Road, Leeds, LS9 7BJ 20th Sept 2025

The Director Cellular Processing 2 Companies House Crown Way Cardiff CF14 3UZ

Dear Sir/Madam,

NIGERIAN COMMUNITY LEEDS: 2024 ANNUAL REPORT

This is the first annual report from the Trustees elected on 5th November 2023 at the Annual General Meeting (AGM).

Reference and Administrative Information

Nigerian Community Leeds (NCL) is registered both as a Charity and a private limited Company with the following details:

Charity Registration Number: 1129681 Private Limited Company Number: 6781277

The NCL Board of Trustees is made up of 5 elected officials and 5 co-opted trustees, who collectively make decisions on behalf of the Nigerian Community Leeds. The names of the charity trustees as at 31st December 2024 are as follows:

Elected Trustees:

Chairperson: Mr. Ben Izuagie Director of Administration: Mr. Alfred Wokoma Director of Finance: Mrs. Deborah Oburoh Director of Projects: Mr. Olufemi Olushola Director of Welfare: Mr. Henry Anadi

Nigerian Community Leeds, 27 Compton Road, Leeds, LS9 7BJ Tel: +44 (0) 07432250773, 01133908592, Email: admin@nigerialeeds.org.uk Website: https://www.nigerialeeds.org.uk

Co-opted Trustees: Mrs. Victoria Ajayi Mr. Matthew Nkenderim Rev. Joy Ukpabio Mr. James Adesanlu Ms. Nekpen Uwuilekhue

On 5th November 2023, a newly constituted Board of Trustees was appointed. This report therefore covers the period 01 January 2024 to 31 December 2024.

Structure, Governance and Management

NCL’s governing document remains its Articles of Incorporation and Memorandum of Association.

General Meetings (GM) are held quarterly, providing members with the opportunity to ask questions and receive stewardship updates from Trustees. At these meetings, the Director of Finance presents a financial report on behalf of the Chairperson in line with the approved budget.

The Board of Trustees (BOT) comprises both elected officers and co-opted Trustees. While elected officials are appointed at the AGM, co-opted Trustees are selected for the professional and community experience they bring to the Charity. Objectives and Activities

The key objectives of NCL are:

The advancement of education. The promotion of racial harmony. The advancement of enterprise.

Education – EXCEL@NCL

Founded in May 2007, Excel@NCL continues to serve as a supplementary school for children aged 5–16 years.

The school delivers academic support (Maths and English taught by qualified teachers) and cultural education (storytelling, drumming, dancing, art, and civics). Pupils learn about their Nigerian heritage, values, and traditions while developing social and community awareness.

Excel@NCL received the NRSCE Silver Charter Mark Award and previously benefitted from a Big Lottery Fund grant, which enabled the development of enhanced cultural and academic programmes.

Classes are held on Saturdays (12:00–14:00) at Richmond Hill Community Centre, Leeds, during school terms. Activities in 2024 included outdoor trips to Lightwater Valley (Ripon) and The Deep (Hull).

NCL maintains up-to-date safeguarding and operational policies covering child protection, equal opportunities, health and safety, offsite procedures, and volunteer management.

Nigerian Community Leeds, 27 Compton Road, Leeds, LS9 7BJ Tel: +44 (0) 07432250773, 01133908592, Email: admin@nigerialeeds.org.uk Website: https://www.nigerialeeds.org.uk

Sports – LACON@NCL

The flagship Leeds African Cup of Nations (LACON) football tournament promotes racial harmony and community cohesion.

In 2024, the Junior LACON was held on 25th June at Blenheim Primary School with nine teams participating.

The Senior LACON took place on 19th June at Fives Football, Leeds, with twelve teams competing.

Welfare – WELFARE@NCL

NCL partnered with Leeds City Council and local businesses to operate a community food bank, supporting elderly members, students, and families in financial difficulty.

NCL also participated in the Leeds West Indian Carnival, showcasing Nigerian culture through food and music.

Administration – ADMIN@NCL

NCL maintains an active website and multiple social media platforms to engage members, donors, and the wider public.

Information is disseminated through email, SMS, and WhatsApp groups, ensuring real-time communication and social interaction.

Other Projects – PROJECTS@NCL

International Women’s Day (9th March 2024): Theme – Inspire Inclusion. Speakers addressed women’s empowerment, tackling stereotypes, and accessing support services.

Annual Gala Fundraising & Awards Dinner (31st May 2024): Held at Aria Suites, Leeds, to raise funds for the Nigeria House Leeds project. Awards were presented in five categories, recognising excellence and contributions.

64th Nigerian Independence Day (5th October 2024): Attended by 250 guests, including the Lord Mayor of Leeds. Cultural performances, children’s presentations, and Nigerian cuisine featured prominently.

Excel@NCL End-of-Year Party: Children, parents, and volunteers celebrated with games, gifts, and performances.

NCL continues to strengthen partnerships with Leeds City Council, local businesses, councilors, and other community stakeholders.

Nigerian Community Leeds, 27 Compton Road, Leeds, LS9 7BJ Tel: +44 (0) 07432250773, 01133908592, Email: admin@nigerialeeds.org.uk

Website: https://www.nigerialeeds.org.uk

Enterprise – BUSINESS@NCL

NCL supports entrepreneurship through Eagle Biznet, a business support network launched in 2016.

In 2024, Eagle Biznet hosted its first Business Awards Night at the Village Hotel, celebrating outstanding businesses and entrepreneurs within the community.

Financial Review

Efforts to obtain grants and funding for our activities will continue despite the wider economic challenges.

We report an in-year surplus of £4,143, compared to a surplus of £15,694 in 2023.

Total funds carried forward: £74,197 (2024) vs £70,054 (2023).

At year-end:

Unrestricted funds were in deficit by - £3,147.

Designated funds were in surplus by £70,738.

Restricted funds were in surplus by £6,606.

NCL did not hold any funds as custodian trustees on behalf of any other body.

Conclusion

On behalf of the 2024 Board of Trustees, I am pleased to present this report. Collaboration remains at the heart of our work, and I am glad to report that our partners continue to support our mission and objectives, as demonstrated through the events, programs, and activities outlined above.

Yours faithfully, baye Ben Izuagie Chair, Nigerian Community Leeds (November 2023 – November 2025) Email: admin@nigerialeeds.org.uk Website: www.nigerialeeds.org.uk

Nigerian Community Leeds, 27 Compton Road, Leeds, LS9 7BJ Tel: +44 (0) 07432250773, 01133908592, Email: admin@nigerialeeds.org.uk ~~——EEEEEEE~~ Website: https://www.nigerialeeds.org.uk

NIGERIAN COMMUNITY LEEDS NIGERIAN COMMUNITY LEEDS NIGERIAN COMMUNITY LEEDS NIGERIAN COMMUNITY LEEDS
Company registration number- 6781277
BALANCE SHEET BALANCE SHEET
AS AT 31st DECEMBER 2024
Notes 2024 2023
(£) (£) (£) (£)
FIXED ASSETS
Tangible Assets 6 0 0
Total fixed assets 0 0
CURRENT ASSETS
Cash at bank and in hand 74,064 69,978
Prepayment 7 133 76
Debtors 8 0 0
Total current assets 74,197 70,054
CURRENT LIABILITIES
Accrued liabilities
Receipt in advance 9 0 0
0 0
NET CURRENT ASSETS 74,197 70,054
TOTAL ASSETS LESS CURRENT
LIABILITIES 74,197 70,054
FUNDS OF THE CHARITY
Restricted income funds 6,606 13,902
Unrestricted income funds -3,147 -3,782
Designated Income Funds 70,738 59,934
TOTAL FUNDS 74,197 70,054

ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and it's profit or loss for the financial year, in accordance with the requirements of Section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company;

d) These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on: 10th of January 2025 And signed on their behalf by: ~~boy~~ Name and initials: Mr. Ben Izuagie

Position held: Chairperson

Page 1

NIGERIAN COMMUNITY LEEDS
Company registration number- 6781277
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2024
Notes Designated
Funds
(£)
Unrestricted
Restricted
Total
2023
Funds
Funds
Funds
Funds
(£)
(£)
(£)
(£)
INCOMING RESOURCES
Incoming Resources from generated funds -
Voluntary Income
Activities for generating funds
Investment income
Incoming Resources from charitable activities
Total Incoming resources
RESOURCES EXPENDED
Costs of generating funds -
Cost of generating voluntary income
Charitable activities
Governance costs
Total Resources expended
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
4
5
20,390 11,565
11,565
10,018
0
0
0
0
570
20,960
28,176
11,565
570
32,525
38,194
9,586
7,941
7,866
7,866
3,809
10,930
10,930
10,750
10,930
7,866
28,382
22,500
635
-7,296
4,143
15,694
-3,782
13,902
70,054
54,360
20,390
9,586
9,586
10,804
59,934
Total funds carried forward 70,738 -3,147
6,606
74,197
70,054

Page 2

NIGERIAN COMMUNITY LEEDS NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024

1. Accounting Policies

2021

The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice, “Accounting and Reporting by Charities” (SORP 2005), The Financial Reporting Standard for Smaller Entities, and the Companies Act 2006.

The principal accounting policies adopted in the preparation of the financial statements are as follows:

2. Incoming resources

Income is recognised in the statement of Financial Activities when the conditions for receipt have been met and there is reasonable assurance of receipt.

Grants received are for revenue expenditure.

Grants and donations are only included in the Statement of Financial Activities when the Charity has unconditional entitlement to the resources.

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realized when deemed appropriate.

The value of any volunteer help received is not included in the accounts but is described in the Trustees’ annual report.

3. Resources expended

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which is irrecoverable.

Expenditure which is directly attributable to specific activities has been included in those cost categories. Certain other costs which are attributable to more than one activity are apportioned on the basis of an estimate of the time spent on those activities.

Page 3

Funds accounting

Three types of funds are maintained by the Charity:-

Restricted Funds represent grants and donations received from donors, usually for specific purposes. No legacies have been received.

Unrestricted Funds are funds which are expendable at the discretion of the trustees in the 2021 furtherance of the objectives of the Charity.

Designated Funds are funds set aside for specific projects or activity, as agreed and minuted by the trustees.

Tangible fixed assets

Tangible fixed assets (where reported) are stated at cost or a reasonable value at the date of receipt, less depreciation which is provided on a straight-line basis.

The rate of depreciation is 25% for all assets.

Page 4

NIGERIAN COMMUNITY LEEDS

Company registration number - 6781277

Note 4 - Analysis of incoming resources

This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
Voluntary income Member's Subscription 1,355 900
Grants and donations 10,210 9,117
Investment income
Incoming resources from
charitable activities
Activities for generating
funds
- -
**Total ** 11,565 10,017
Fundraisingevents
- -
- -
- -
Total - -
Bank interest received - -
- -
- -
- -
- -
Total - -
Fees from charitable activities 20,960 28,176
- -
- -
- -
- -
**Total ** 20,960 28,176

Page 5

NIGERIAN COMMUNITY LEEDS

Company registration number - 6781277

Note 5 - Analysis of resources expended

This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
This year
Last year
£
£
Analysis
Costs of generating
voluntary income
Cost of Fundraising events 9,586 7,941
Donations made
Printing, stationery and computer supplies
- -
Charitable activities
Governance costs
Total 9,586 7,941
Cost of charitable activities 7,456 3,691
Rent/Hire of rooms 410 118
Printing, stationery and computer supplies .
Volunteer wages and expenses
Total 7,866 3,809
Telephones, internet and postage 382 300
Printing, stationery and computer supplies
Management and Admin expenses 4,359 7,362
Members welfare
Other-Independence day celebrations/ Liability insurance etc 6,189 3,088
Total 10,930 10,750

Page 6

NIGERIAN COMMUNITY LEEDS

Company registration number - 6781277

Note 6.0 - Tangible fixed assets

2024

6.1 Cost or valuation

6.1 Cost or valuation 2024
Freehold
land &
buildings
Other land
& buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Payments
on account
and assets
under
Total
£ £ £ £ £ £
Balance brought forward - - - 480 - 480
Additions
Revaluations
Disposals
Transfers
Balance carried forward
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - 480 - 480
Basis
SL or RB
SL or RB
SL or RB
SL
SL or RB
Rate
25%
6.2 Accumulated depreciation and impairment provisions
Balance brought forward
Depreciation charge for year
Impairment provisions
Revaluations
Disposals
Transfers
Balance carried forward
- - - 480 - 480
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - 480 - 480
Brought forward
Carried forward
6.3 Net book value
- - - - - -
- - - - - -
- - - - - -
- - - - - -

7.0 - Current Assets (Prepayment) -

£467.25 was paid as rent for the use of buildings by the EXCEL project at Richmond Hill for the period April 2024 to March 2025. £130.0 of this rent has been treated as a prepayment since it relates to the three month period of Jan to March 2025.

Page 7

NIGERIAN COMMUNITY LEEDS

Company registration number - 6781277

8.0 - Debtors

N/A

9.0 - Current Liabilities - Receipt in advance

N/A

10.0 - Transactions with related parties

No payments were made to Trustees for providing services to the charity in the year.

11.0 - Loans

No loans were owing to or obtained from the Charity's trustees or other related parties at the year end.

Page 8

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ NIGERIAN COMMUNITY LEEDS
members of
On accounts for the year 31st December 2024 Charity no 1129681
ended (if any)
Set out on pages 1 - 8

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2024.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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.

Date: 25/09/2025

Signed: Name: Mr Uche Okpala FCCA Relevant professional Association of Chartered Certified Accountants (ACCA) qualification(s) or body (if any): Address: 39 Daleside Avenue. Pudsey. Leeds.

1

Oct 2018

IER

West Yorkshire.

LS28 8HB

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the N/A examiner wishes to disclose .

2

Oct 2018

IER