## **Afemai Children’s Trust** 

## **Trustees Annual Report** 

## **Year End: 31[st] October 2023** 

**Registered Charity Number: 1138899** 

1 



## **Afemai Children’s Trust** 

|Charity Name:|Afemai Children’s Trust|
|---|---|
|Registered Address:|23 Beech Street, Wakefield, WF3 1RW|
|Charity Trustees:|David Hassan|
||Oshione Ekpeh (resigned 28.04.2023)|
||Sangeeta Deo|
||Adesegun Taiwo Onitiri|
||Mr A J Ekpeh (appointed 28.4.23)|
|Employees:|Oshione Ekpeh (appointed 01.05.2023)|
||Joe Williams (appointed 01.05.2023)|
|Bankers:|Lloyds Bank|
||17 Westgate, Wakefield WF1 1JZ|



2 



## **Afemai Children’s Trust** 

## **Trustees Report** 

The Trustees present their annual report together with the financial statements for Afemai Children’s Trust for the year ending 31 October 2023. The Trustees are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards. 

The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements. This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRSSE)). 

## **Structure, governance and management** 

## **Constitution** 

The company a not for profit organisation and is governed by its constitution. Afemai Children’s Trust is a registered charity (number 1138899). The aims and objectives of Afemai Children’s Trust are to provide aid, education and learning opportunities to children struggling within the area: 

1. The advancement of education of children living in Nigeria, in particular but not exclusively, by providing support to schools and their pupils in Nigeria. 

2. The advancement of education of the public, in particular but not exclusively in African arts and culture. 

## **Method of Appointment or Election of Trustees** 

The management of the company is the responsibility of the Trustees who are elected under the terms of the Constitution. Any full member of the Trust may be nominated to 

3 



stand for election to the Board of Trustees. The Trustees have the power to co-opt new Trustees who then stand for election at the next AGM. 

Membership is open to anyone aged 18 and above who sign a declaration that s/he 

agrees with the Objects of the Trust. Junior Membership is open to anyone aged under 18 who sign a declaration that s/he agrees with the Objects of the Trust. 

## **Objectives and activities** 

## **The charity's objects** 

The aims and objectives of Afemai Children’s Trust are to provide aid, education and learning opportunities to children struggling within the area: 

1. The advancement of education of children living in Nigeria, in particular but not exclusively, by providing support to schools and their pupils in Nigeria. 

2. The advancement of education of the public, in particular but not exclusively in African arts and culture. 

## **The charity's main activities** 

In furtherance of these objects but not otherwise, the trustees shall have power: To deliver workshops, training and learning sessions to develop and promote the charities aims and objectives. 

## **Public benefit statement** 

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of community development. 

## **Achievements and performance** 

The Trust has successfully secured a three-year grant from the National Lottery Community Fund for our Healthy Minds project, which provides free counselling services to people of African heritage. This funding guarantees sustained support for our community, enabling us to offer essential mental health services and promote overall well- 

4 



## being. 

Additionally, Afemai Children’s Trust has established a partnership with Heritage Corner in Leeds, West Yorkshire. In this partnership, Afemai Children’s Trust is responsible for providing financial management support to Heritage Corner. This collaboration not only strengthens the operational capabilities of both organisations but also enhances our sustainability and growth. By working together, we are able to pool our resources and expertise, resulting in more comprehensive and effective services for our communities. This partnership exemplifies our commitment to fostering resilience and long-term success for both organisations. 

## **Financial review** 

The income for the year was £80,032.00 and expenditure of £59,326.89 

All income is restricted 

## **Reserves policy** 

No reserves policy is in place as the Trust has no reserves, all monies are accounted for. 

## **Risk Management** 

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. The Trustees are taking action to increase income through fund raising, grants, donations and possibly membership. 

## **Statement of trustees' responsibilities** 

The trustees are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards. 

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the 

5 



incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and apply them consistently; 

- observe the methods and principles in the Charities 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; 

- prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts 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 has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRSSE)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies. 

Name: Amanesi Ekpeh Trustee Date: 26/06/2024 

6 



REGISTERED CHARITY NUMBER: 1138899
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
FOR
AFEMAI CHILDRENS TRUST
Harrison & Co
Chartered A¢couniants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND

AFEMAI CHILDREIYS TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Page
Report ofthe Trustees
Independent Eiamlner's Report
Statement of Finaneial Activities
Balanee Sheet
Note5 to the FiD8nelal Statements
5 to 8
Detailed Statement of Financial Activities

OtrAJSign Envelope ID". AeeoB17F-84854118-gDEg-BSOFC8530858
AFEMAI CHILDRENS TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OC.TOBF.R 21n3
The trustees pre8eni their report with th¢ ftt)aneial of th¢ charity for the year ¢Dded 31 October 2023. The
tnJs*es havc adopted the provisions of A￿O￿ltIng and Reporting by ChaTities.' Statement of Recommended Prartic¢
applicable to ¢h#rit2e5 preparing their a¢(ounts in a￿ordall¢e with th¢ FitiaTkcial Rcportirtg Standard applicable ID th¢
UK and R¢public IFRS 102) (effective l January 2019).
SfRUCTURE. GOVERNANCE AND MANAGEMENT
Govtrning docurneDt
The charity is controlled by its governing documen¢ 4 deed of trust and constitvies an ullltKO￿ted tharity.
REFERENCE ADMINISTRATIVE DETAllS
Re8ilter¢d Charlty number
1138899
Prlaeipl Addresy
23 B¢¢ch Street
Wakefield
WF3 IRW
Trustees
Miss O Ekp¢h {resigDed 28.4.23)
Mr A J Ekpeh (appoint¢d 28.4.23)
Mr D H￿an
Mrs S D¢0
MrA T Onitri
rndepeDdeDt Ex4lltiDer
Harrison & Co
Charter¢d Accowthts
531 Denby Dale Road W
Ca]der Grove
Wakeficld
Wesi Yorkshire
WF4 3ND
Apixoved by order of the board of trustees on 26 June 2024 5ign¢d on its b¢half by:
DDFu¥tynEdty'.
61B59E50D4584&f
Mr D H&5saD. Tnthc
Page I

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
AFEMAI CHILDRENS TRUST
Independent exaJRiDer'5 report to the tnistees of Afemgi Childrens Trust
I report to th¢ ctwiry tnEstees on my examination of the accounts of Afemai Childrens Tn￿t (the Trusi) for the year
ended 31 October 2023.
Re5pollslbilities and basls of report
As the charity trnstees of the Tnjst you are responsible for the preparation of the accounts tn accordan¢e with the
requirements of the Charities A¢t 2011 ('the Acv).
I r¢port in respect of tlly examination of the Trust's accounts catTied out under Section 145 of the A¢t and in carrying out
my exam1t￿tIon I have followed all applicable Directions givet] by th¢ Charity Conllnission under Section 145(5)(b) of
the Act.
Indepettdent examiner's stxtement
I have Completed my examination. I confirni that no material matters hav¢ Corne to my attention in connection with the
examination givtng rne cause to believe that in any material respect-
accounttng records were not kepi in respe¢t of the Trnst as required by Section 130 of the Act- or
the accounts do not accord with those records., or
the accowjts do not comply with the applicable requirements concerning the fomi and ¢ontent of accounts set out
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 ¢on¢ems and have ¢ome across other matters in connection with the examination to which attention should
be drawn in this report in order to etwble a proper understanding of the accounis to be rea¢h¢d.
Sheri¢e Patfitt FCCA
Harrison & Co
Chartered Accountants
531 Denby Dale Road W¢5t
Calder Grove
Wakefield
West Yorkshire
WF4 3ND
26 June 2024
Page 2

AFEMAI CHILDRENS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED31 OCTOBER 2023
2023
Total
funds
2022
Total
fijnds
Unrestricted
fijnd
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
80,032
80,032
10,000
EXPENDITURE ON
Raising funds
Raising donations and legacies
Other trading activities
1.467
450
24,773
33,237
26,240
3J,687
7.560
5.960
.917
58,010
59,927
13,520
NET INCOMEI(EXPENDtTURE)
{1,917)
22.022
20,105
(3,520)
RECOIYCILIATION OF FUNDS
Tot21 fi]nds brought fonvard
10,761
10,761
14281
TOTAL FUNDS CARRIED FORWARD
8,844
22.022
30,866
10,761
The notes fonn part of thes¢ financial statements
Page 3

(Yrtu&gn Envebpe ID.. A880B17F.84854118-9DE9-B50FC8530858
AFEMAI CHXLDRENS TRUST
BALANCE SHEET
31 OCTOBER 2023
2023
Tothl
2022
Totsl
fiwd5
Unrestiy¢t¢d
fimd
Restricted
fimd
Not¢s
CURRENT ASSETS
Cash * ballk and ill hand
9.444
22,022
31,466
10.761
CREDITORS
Arnounts. falling thie wtthin one y
(600)
(6(M))
NKT CURREiYf A&SETS
8,844
22,022
30,866
10,761
TiyfAL ASSETS LESS CURIIEI¥T
LIABILITIES
22,022
30.866
10,761
NET ASSETS
8,844
22,022
30,866
10,761
FUNDS
UnTestrkcted funds
Restri¢w] funds
10,761
22,022
TOTAL FUNDS
30,866
10.761
Th¢ fintn¢ial statem¢ttts were 8pproved by the Board of Trustees and authorised for issue 26 June 2024 gJMI were
sigted on its behalf by..
Oll¢y$vJwd by.
61B59E50tM5PA3F
Mr D Ha85aD. TTUStec
IlacuS*nnd by..
JBOD9769B8BE435
Mr A J Ek￿. Tn￿ee
The notes fonn pwt of these financial statements
Page 4

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The f￿anCial staiements of the eharity, whirh is a public benefil entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102> 'Accouniing and Reporting by Charities: Ststement of
Recommend¢d Pra¢ti¢e applicable to charities preparing their accow]ts in a¢rordan¢e with the Financial
Reporting Srandard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Chariiies Act 2011. The financial 5tat¢ments have been Prepared under the hisiorical cost
convention.
Income
All income is recognis¢d in the Statement of Financial Activities once the charity has entitlement to the fi￿ds, it
is probabl¢ that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or eonstnjctive obligation Committing the
chartty to that expenditure, it is probabl¢ that a transfer of economic benefits will be required in settlement and
the atnount of the obligation can be measured reliably. Expendill￿e is accounted for on an accrnals b&gis and h&%
been classified under headings that aggrewe all ¢ost related to the category. Where costs cannot be directly
attributed to particular heading5 they have been alloCa￿d to activities on 2 basis consistent with the use of
resources.
T¥x4tion
The charity is exempi from tax on lis charitAble activities.
Fund accounting
Unrestricted funds be used in accordanee with the charitable objectives at the discretion of the trusiees.
Re5tri¢ted fi￿dS can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purp05¢S.
Further explanatÉon of the nature and purpose of each fijnd is included I￿ the notes to the financial statements.
RAISING DONATIONS AND LEGACIES
2023
2022
Supw)rt costs
26,240
7,560
TRUSTEES, REMUNERATION AND BENEFITS
There were no trust¢¢s' rernuner*ion or other b¢nefits for the year ended 31 October 2023 nor for the year end¢d
31 (ktober 2022.
Trustees. expert
There were no tn￿lee5, expenses paid for the year ended 31 (ktober 2023 nor for the year ended
31 October 2022.
Page 5
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 OCTOBER 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestri¢ted
fiuid
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
10,O(M)
10,000
EXPENDITURE ON
Raising funds
Raising donations 2nd legacies
Other trading activities
7,560
5,960
7,560
5,900
13,520
13,520
NET INCOMElff XPENDITURE)
(3,520)
(3,520)
RECONCtLIATION OF FUNDS
Total fiujds brought forward
14,281
14,281
TOTAL FUNDS CARRIED FORWARD
10.761
10.761
CREDITORS: AMouf+lTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other creditors
600
MOVEMENT IN FUNDS
Nei
movement
in ￿ndS
At
1.11.22
At
31.10.23
Unrestricted funds
General fimd
10,761
(1,917)
8,844
Restrieted funds
Restricted
22,022
22.022
TOTAL FUI¥DS
10,761
20,105
30.866
Page 6
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinu¢d
FOR THE YEAR EP4DED 31 OCTOBER 2023
MOVEMENT IN FUNDS- eontinued
Net movement in funds, included in the above are as follows..
Incorning
resources
Resources
expended
Movement
ID fw)ds
Unrestricted funds
General ￿nd
{1,917)
(1.917)
Restricted funds
Restricted
80,032
(58.010)
22,022
TOTAL FUNDS
80,032
(59,927)
20,105
ConTrparatives for movement funds
Net
movement
in funds
At
At
31.10.22
Unrestricted funds
General fjjnd
14,281
(3,520)
10,761
TOTAL FUNDS
14,281
(3,520)
10,761
Cotnparative net mov¢ment in fi￿ds, included in the above are as follows=
Incoming
resources
Resourc¢s
¢xp¢nded
Movement
in funds
Unrestriet¢d funds
General fund
10,000
(13.520)
(3,520)
TOTAL FUNDS
10.i)00
(13,520)
{3,520)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movemenl
in fvnds
At
At
31.10.23
Unrestricted T￿ndS
General fund
14.281
(5,437)
8,844
Restrleted funds
Restrieted
22.022
22.022
TOTAL FUNDS
14,281
16,585
30.866
Page 7
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 OCTOBER 2023
MOVEMENT IN FUNDS- contlllued
A CUTrent year 12 month5 and prior year 12 months combined net rnovement in funds, included in the Above aT¢
a% follows..
Incoming
r¢sowces
Resour¢es
expended
Movement
in fund5
Unrestricted funds
General fimd
10.000
{15,437)
{5,437)
Restricted funds
Restrtcied
80,032
(58,010)
22,022
TOTAL FUNDS
90,032
(73,447)
16,585
RELATED PARTY DlSCtA)SURES
There were no related pty transactions for the year ended 31 October 2023.
Page 8

AFEMAI CHILDRENS TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2023
2023
2022
INCOM£ AND ENDOWMENTS
Donations and legacies
Grants
80,032
10.000
Total incoming resourtts
80,032
i 0,000
EXPENDITURE
Other trading artivities
Workshops. projects, equipment
Managers and session workers
450
33,237
5,960
33.687
5,960
Support costs
Mana8emettt
Staff cost5 inc volunteer exps
RenL rdtes and water
Insurance
Telephone
Advertising
Sundries
20,516
3,000
7,050
96
815
837
376
90
180
25,640
7,560
Governance costs
A¢countancy and legal f¢e5
Totsi resources expended
59.927
13,520
Net in¢otD¢I(expenditure)
20.105
{3,520)
This page d0¢5 not forn] part of the statytory financial sratements
Page 9

REGISTERED CHARITY NUMBER: 1138899
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
FOR
AFEMAI CHILDRENS TRUST
Harrison & Co
Chartered A¢couniants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND

AFEMAI CHILDREIYS TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Page
Report ofthe Trustees
Independent Eiamlner's Report
Statement of Finaneial Activities
Balanee Sheet
Note5 to the FiD8nelal Statements
5 to 8
Detailed Statement of Financial Activities

OtrAJSign Envelope ID". AeeoB17F-84854118-gDEg-BSOFC8530858
AFEMAI CHILDRENS TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OC.TOBF.R 21n3
The trustees pre8eni their report with th¢ ftt)aneial of th¢ charity for the year ¢Dded 31 October 2023. The
tnJs*es havc adopted the provisions of A￿O￿ltIng and Reporting by ChaTities.' Statement of Recommended Prartic¢
applicable to ¢h#rit2e5 preparing their a¢(ounts in a￿ordall¢e with th¢ FitiaTkcial Rcportirtg Standard applicable ID th¢
UK and R¢public IFRS 102) (effective l January 2019).
SfRUCTURE. GOVERNANCE AND MANAGEMENT
Govtrning docurneDt
The charity is controlled by its governing documen¢ 4 deed of trust and constitvies an ullltKO￿ted tharity.
REFERENCE ADMINISTRATIVE DETAllS
Re8ilter¢d Charlty number
1138899
Prlaeipl Addresy
23 B¢¢ch Street
Wakefield
WF3 IRW
Trustees
Miss O Ekp¢h {resigDed 28.4.23)
Mr A J Ekpeh (appoint¢d 28.4.23)
Mr D H￿an
Mrs S D¢0
MrA T Onitri
rndepeDdeDt Ex4lltiDer
Harrison & Co
Charter¢d Accowthts
531 Denby Dale Road W
Ca]der Grove
Wakeficld
Wesi Yorkshire
WF4 3ND
Apixoved by order of the board of trustees on 26 June 2024 5ign¢d on its b¢half by:
DDFu¥tynEdty'.
61B59E50D4584&f
Mr D H&5saD. Tnthc
Page I

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
AFEMAI CHILDRENS TRUST
Independent exaJRiDer'5 report to the tnistees of Afemgi Childrens Trust
I report to th¢ ctwiry tnEstees on my examination of the accounts of Afemai Childrens Tn￿t (the Trusi) for the year
ended 31 October 2023.
Re5pollslbilities and basls of report
As the charity trnstees of the Tnjst you are responsible for the preparation of the accounts tn accordan¢e with the
requirements of the Charities A¢t 2011 ('the Acv).
I r¢port in respect of tlly examination of the Trust's accounts catTied out under Section 145 of the A¢t and in carrying out
my exam1t￿tIon I have followed all applicable Directions givet] by th¢ Charity Conllnission under Section 145(5)(b) of
the Act.
Indepettdent examiner's stxtement
I have Completed my examination. I confirni that no material matters hav¢ Corne to my attention in connection with the
examination givtng rne cause to believe that in any material respect-
accounttng records were not kepi in respe¢t of the Trnst as required by Section 130 of the Act- or
the accounts do not accord with those records., or
the accowjts do not comply with the applicable requirements concerning the fomi and ¢ontent of accounts set out
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 ¢on¢ems and have ¢ome across other matters in connection with the examination to which attention should
be drawn in this report in order to etwble a proper understanding of the accounis to be rea¢h¢d.
Sheri¢e Patfitt FCCA
Harrison & Co
Chartered Accountants
531 Denby Dale Road W¢5t
Calder Grove
Wakefield
West Yorkshire
WF4 3ND
26 June 2024
Page 2

AFEMAI CHILDRENS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED31 OCTOBER 2023
2023
Total
funds
2022
Total
fijnds
Unrestricted
fijnd
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
80,032
80,032
10,000
EXPENDITURE ON
Raising funds
Raising donations and legacies
Other trading activities
1.467
450
24,773
33,237
26,240
3J,687
7.560
5.960
.917
58,010
59,927
13,520
NET INCOMEI(EXPENDtTURE)
{1,917)
22.022
20,105
(3,520)
RECOIYCILIATION OF FUNDS
Tot21 fi]nds brought fonvard
10,761
10,761
14281
TOTAL FUNDS CARRIED FORWARD
8,844
22.022
30,866
10,761
The notes fonn part of thes¢ financial statements
Page 3

(Yrtu&gn Envebpe ID.. A880B17F.84854118-9DE9-B50FC8530858
AFEMAI CHXLDRENS TRUST
BALANCE SHEET
31 OCTOBER 2023
2023
Tothl
2022
Totsl
fiwd5
Unrestiy¢t¢d
fimd
Restricted
fimd
Not¢s
CURRENT ASSETS
Cash * ballk and ill hand
9.444
22,022
31,466
10.761
CREDITORS
Arnounts. falling thie wtthin one y
(600)
(6(M))
NKT CURREiYf A&SETS
8,844
22,022
30,866
10,761
TiyfAL ASSETS LESS CURIIEI¥T
LIABILITIES
22,022
30.866
10,761
NET ASSETS
8,844
22,022
30,866
10,761
FUNDS
UnTestrkcted funds
Restri¢w] funds
10,761
22,022
TOTAL FUNDS
30,866
10.761
Th¢ fintn¢ial statem¢ttts were 8pproved by the Board of Trustees and authorised for issue 26 June 2024 gJMI were
sigted on its behalf by..
Oll¢y$vJwd by.
61B59E50tM5PA3F
Mr D Ha85aD. TTUStec
IlacuS*nnd by..
JBOD9769B8BE435
Mr A J Ek￿. Tn￿ee
The notes fonn pwt of these financial statements
Page 4

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The f￿anCial staiements of the eharity, whirh is a public benefil entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102> 'Accouniing and Reporting by Charities: Ststement of
Recommend¢d Pra¢ti¢e applicable to charities preparing their accow]ts in a¢rordan¢e with the Financial
Reporting Srandard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Chariiies Act 2011. The financial 5tat¢ments have been Prepared under the hisiorical cost
convention.
Income
All income is recognis¢d in the Statement of Financial Activities once the charity has entitlement to the fi￿ds, it
is probabl¢ that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or eonstnjctive obligation Committing the
chartty to that expenditure, it is probabl¢ that a transfer of economic benefits will be required in settlement and
the atnount of the obligation can be measured reliably. Expendill￿e is accounted for on an accrnals b&gis and h&%
been classified under headings that aggrewe all ¢ost related to the category. Where costs cannot be directly
attributed to particular heading5 they have been alloCa￿d to activities on 2 basis consistent with the use of
resources.
T¥x4tion
The charity is exempi from tax on lis charitAble activities.
Fund accounting
Unrestricted funds be used in accordanee with the charitable objectives at the discretion of the trusiees.
Re5tri¢ted fi￿dS can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purp05¢S.
Further explanatÉon of the nature and purpose of each fijnd is included I￿ the notes to the financial statements.
RAISING DONATIONS AND LEGACIES
2023
2022
Supw)rt costs
26,240
7,560
TRUSTEES, REMUNERATION AND BENEFITS
There were no trust¢¢s' rernuner*ion or other b¢nefits for the year ended 31 October 2023 nor for the year end¢d
31 (ktober 2022.
Trustees. expert
There were no tn￿lee5, expenses paid for the year ended 31 (ktober 2023 nor for the year ended
31 October 2022.
Page 5
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 OCTOBER 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestri¢ted
fiuid
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
10,O(M)
10,000
EXPENDITURE ON
Raising funds
Raising donations 2nd legacies
Other trading activities
7,560
5,960
7,560
5,900
13,520
13,520
NET INCOMElff XPENDITURE)
(3,520)
(3,520)
RECONCtLIATION OF FUNDS
Total fiujds brought forward
14,281
14,281
TOTAL FUNDS CARRIED FORWARD
10.761
10.761
CREDITORS: AMouf+lTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other creditors
600
MOVEMENT IN FUNDS
Nei
movement
in ￿ndS
At
1.11.22
At
31.10.23
Unrestricted funds
General fimd
10,761
(1,917)
8,844
Restrieted funds
Restricted
22,022
22.022
TOTAL FUI¥DS
10,761
20,105
30.866
Page 6
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinu¢d
FOR THE YEAR EP4DED 31 OCTOBER 2023
MOVEMENT IN FUNDS- eontinued
Net movement in funds, included in the above are as follows..
Incorning
resources
Resources
expended
Movement
ID fw)ds
Unrestricted funds
General ￿nd
{1,917)
(1.917)
Restricted funds
Restricted
80,032
(58.010)
22,022
TOTAL FUNDS
80,032
(59,927)
20,105
ConTrparatives for movement funds
Net
movement
in funds
At
At
31.10.22
Unrestricted funds
General fjjnd
14,281
(3,520)
10,761
TOTAL FUNDS
14,281
(3,520)
10,761
Cotnparative net mov¢ment in fi￿ds, included in the above are as follows=
Incoming
resources
Resourc¢s
¢xp¢nded
Movement
in funds
Unrestriet¢d funds
General fund
10,000
(13.520)
(3,520)
TOTAL FUNDS
10.i)00
(13,520)
{3,520)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movemenl
in fvnds
At
At
31.10.23
Unrestricted T￿ndS
General fund
14.281
(5,437)
8,844
Restrleted funds
Restrieted
22.022
22.022
TOTAL FUNDS
14,281
16,585
30.866
Page 7
continued...

AFEMAI CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 OCTOBER 2023
MOVEMENT IN FUNDS- contlllued
A CUTrent year 12 month5 and prior year 12 months combined net rnovement in funds, included in the Above aT¢
a% follows..
Incoming
r¢sowces
Resour¢es
expended
Movement
in fund5
Unrestricted funds
General fimd
10.000
{15,437)
{5,437)
Restricted funds
Restrtcied
80,032
(58,010)
22,022
TOTAL FUNDS
90,032
(73,447)
16,585
RELATED PARTY DlSCtA)SURES
There were no related pty transactions for the year ended 31 October 2023.
Page 8

AFEMAI CHILDRENS TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2023
2023
2022
INCOM£ AND ENDOWMENTS
Donations and legacies
Grants
80,032
10.000
Total incoming resourtts
80,032
i 0,000
EXPENDITURE
Other trading artivities
Workshops. projects, equipment
Managers and session workers
450
33,237
5,960
33.687
5,960
Support costs
Mana8emettt
Staff cost5 inc volunteer exps
RenL rdtes and water
Insurance
Telephone
Advertising
Sundries
20,516
3,000
7,050
96
815
837
376
90
180
25,640
7,560
Governance costs
A¢countancy and legal f¢e5
Totsi resources expended
59.927
13,520
Net in¢otD¢I(expenditure)
20.105
{3,520)
This page d0¢5 not forn] part of the statytory financial sratements
Page 9