REGISTERED COMPANY NUMBER- 07069641 (England and Wales) REGISTERED CHARITY NUMBER: 1137150 Report of the Trustees and Unaudited Financial Statements Year Ended 30 November 2024 ANGELLITE
ANGELLITE Re ort of the Trustees forthe Year Ended November 2024 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 Ihe charty for the year ended 30 November 2023. The Irustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019). Objectives. activities and aims The objectives oflhe charity are=_ . To promote the education in such ways to promote public good. b. The relief of financial hardship. c. The relief of sickness and the preservation of health. d. The relief of financial need and suffering amoung victims of natural or other kinds of disaster. e. The promotion of sustainable development means of development which meets the needs of the present without compromising the ability of future generations to meet their own needs.
ANGELLITE Re ort of the Trustees for the Year Ended November 2024 Structure. oovernance and manaoement Governing document The charity is controlled by its governing document, The Memorandum and Articles of Association dated 6th November 2009, as amended by resolution dated 30th June 2010, and constitutes a limited company, limited by guarantee, as defined by the Companies Acts 2006. Organisational structure The charity's activities are overseen by the trUStS who meet regularly to discuss the activities, programmes and budgets of the charity. The charity's daily operations are conducted by a volunteered programmes officer, Mr P Anyaoma, who reports to the trustees on a daily basis. Reference and administrative details Registered Company number 07069641 (England and Wales) Registered Charity number 1137150 Registered office 121-123 St James Road Northampton Northamptonshire NNS SLD Trustees Mr OCH Ugorji Director Miss N N Nwachukwu Trustee Mr KU Peters Trustee Mr J Poke Trustee
ANGELLITE Re ort of the Trustees for the Year Ended November 2024 ACHIEVEMENT AND PERFORMANCE Charitable Activities In the year 2023124, the charity continued to advance its public health programs wthin OUT communities. We made significant progress with the previously launched digrtal skill acquisition project, designed to help unempk)yed youth gain practi(xl workplace skills and become employable. Building on our SUCSseS. we continued to engage in tundraising aclNrtEs and seek donatK)ns to support our bioader Gharitable objectives in education, health for women and children. intemational devek•pment. emergency and disaster relief, and on-going research activities. As noted, our group's public health projects and digital skill acquisition inrtiatives are at the core of our cuent efforts. However. we did not receive the anticipated funding and grants. We would like to acknowledge the valuable knOWge and skilLs o)nlributed by nurnerous volunteers, which were instrumental in the successful execution of our actNit$. We continued to maintain signfficantty reduced ovethead costs through the generous support of our volunteers. Angellite MaInS committed to effectively targeting grants tr) maximEe their impact. However, none of our athievements year after year woukl be possible wrthout the incredible support from Qui generous donors. well-wishers. and trustees. On the international front. our tharity received grants to fvrthei our edu(31ion and health ptDjeGt5 in Afr. Our health progratns ftKused on addressing high rates of infant mortality and improving matemal health for pregnant and nursing mother5. Meanwhile. our education project continued its efforts to recruf( and relain school-aged children, espeualty girfs, in primary schools in Northeffi NvJeria, ensuring they aitain a basic primary education. Looking ahead. the chartty aitns to play a signtficanl role in addressing publK heanh thallenges in tre UK. particulady ConmIng BAME populations and issues relaled to access and organ donations. We will conbnue lo pursue grants and funding to implernent interventions and strategies that tackle youth unemployment and homelessness. Addith)nalty. the charity will seek fvnding for our international outreach programs focused on educab"on, women's heahh, infant mortalty, and disaster relief and will conb.nue to partner leading NGOS in relevant collaborab.ve fields. Our charrty is more detemined than ever to raise more funds, do MO wort, and help more communrfies. We hope tr) reverse trends and continue the irnpaGtful work in OUT loGal and intemational Gommunit*s. The trustees confim that they have referred to Ihe Charity CommissKJn's guidance on public benefft when reviewing the charity's aims and objectives in planning future activit$ and pOIleS. This report has been prepared in accordance with the special provisions of Part 15 of Ihe Companies Act 2006 relating to srnall companies. ON BEHALF OF THE BOARD.. John Poke Trustee
Independent Examinerfs Report to the Trustees of ANGELLITE Independent examinerfs report to the trustses of Angellite (Ihe CompanVI I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2024. Responsibilities and basis of report As the charitvs trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparalion of the accounts in accordan with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitls accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{5) (b) of the 2011 Acl.
ANGELLITE ststement of Financial Activities Incor oratin an Income and Ex enditure Account forthe Year Ended 30 November 2024 2024 Total Funds 2023 Total Funds Notes Unrestricted Fund Restricted Funds INCOME AND ENDOWMENTS FROM Donations and legacies 76,426 76,426 73,264 EXPENDITURE ON Charitsble activities International aid & development Totsl Expenditure 76.897 76.897 76.897 76.897 80,403 80.403 NET INCOMEI{EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward 14711 {4711 17,1391 137.7651 137.7651 130.6261 TOTAL FUNDS CARRIED FORWARD 138,2361 138.2361 137,7651
ANGELLITE ststgment of Financial Activities - continued Year Ended 30 November 2024 These financial statements have been prepared in accordan with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 29th August 2025 and were signed on its behalf by.. Mr OCH Ugorii (Director) The notes form part of these finanaal staterrEnts
ANGELLITE Notes to the Financial Statements Year Ended 30 November 2024 ACCOUNTING POLICIES Going concem Based on this assessment. the directors consider that the Charity maintains an appropriate level of liquidity. sufficient to meet the demands of the Charity including any capital and servicing obligations of external liabilities. In addition, the Charity's assets are assessed for recoverabilty on a regular basis, and the directors consider that the Company is not exposed to losses of these assets which would affect their decision to The directors are therefore satisfied and have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future and thal there are no material UnrtaIntieS that lead to significant doubt upon the ChariVs ability to continue as a going concem. Further detsil is provided in Ihe Funds in deficit note in the Financial Review section of Ihe Report of the Trustees. These financial staternents have therefore been prepared on a going concem basis. 2. DONATIONS AND LEGACIES 2024 2023 Grants Grants outside the U Donations 11.100 65.326 22.000 51.264 73.264 76,426 3. TRUSTEES REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefrts for the year ended 30 November 2024 nor for the year ended 30 November 2023. Truslees Expenses No expenses were reimbursed to trustees during the year. (2024£Nil) - (2023: £Nill.
ANGELLITE Notes to the Financial Statements - continued Year Ended 30 November 2024 2024 2023 DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors CREDITORS:AMOUNTS FALLING DUE wrtHIN ONE YEAR Bank Loans and Overdmfts (see note 9) Accrued Expenses 8,733 2,816 8,733 2,816 11.549 11.549 CREDITORS:AMOUNTS FALLING DUE AFTER ONE YEAR Bank Loans (see note 91 31.202 31.202 31,202 31,202 LOANS An analysis of the malunty of loans is given below= Amounts falling due within one year on demand- 2.133 2.133 Amounts falling due between one and Iwo years." 6,507 6,507 Amounts falling due beeen tsvo and five years.. 20,524 20,524 Amounts falling due in more than five years.. Repayable by installments.. Bank loans more than 5 years by installments 4,171 4,171
ANGELLITE Notes to the Financial Statements - continued Year Ended 30 November 2024 2024 2023 INCOME AND ENDOWMENTS Donations and Legacies Grants Grants outside UK Donations 11,100 65,326 51,264 22,000 76,426 73,264 EXPENDITURE Charitable activities Bank charges Project costs -37 75.745 {48) 79,951 Support Costs Accountancy fees Training 700 489 500 Totsl resources expended 76,897 80,403 Net Expenditure {4711 (7,139) io