V
Annual Report/Financial Account for the period
Section A
Period start date Period end date 1[ST] APRIL 2020 To MARCH 31[ST] 2021 Day Month Year Day Month Year From 1[st ] April 2020 31[st ] March 2021
Reference and administration details
Organisations name GLOBAL VISION INITIATIVE
Organisation’s principal address 70 LAWNHURST AVENUE
BAGULEY
Postcode M23 9SA
Names of management team who manage the organisation
| Names of management team who manage the organisation | Names of management team who manage the organisation |
|---|---|
| name Office(if any) Dates acted if not for wholeyear 1 OLOFINTILA AYODEJI CHAIR NA 2 OGUNMOYE TAIWO TREASURER NA 3 AMOSUN OLUMIDE SECRETARY NA Names and addresses of advisers Name Address |
|
| MICHAEL OLUDIPE(PASTOR) | 1 MATHEWS LANE M12 4QW |
Name of chairperson or names of senior staff members
OLOFINTILA AYODEJI - CHAIRPERSON
Section B
Structure, governance and management
Description of the organisation
Type of governing document
) CONSTITUTION
Section C
Objectives and activities
To promote for the benefit of the public, in particular but not exclusively people from the minority ethnic and Asian communities, refugees, asylum seekers, Offenders and Ex-offenders in Northwest England with a view to enabling them to better integrate into the community by:
- The advancement of education including training.
Summary of the objects of the organisation set out in its governing document
-
The relief of unemployment of those granted refugee status and those seeking asylum in the United Kingdom by the provision of vocational and skills training, advice and support;
-
The provision of recreational facilities in the interests of social welfare with the object of improving their conditions of life.
To train, empower, skill the less privilege people most importantly those from the BME Communities Black, Minority Ethnic and Asian Communities who are neglected or do not have the wherewithal to access the training offered by the mainstream organisations. To provide
1
opportunities for training in Leadership, Social Skills and Skills for Life. To coach, mentor them and improve their self-confidence and assist young people in the community find routes back into education, volunteering and employment through different projects.
Summary of the main achievements of the organisation during the year
To advance the education of people in Nigeria in particular but not exclusively by the provision of vocational training and opportunities. ➢ Through our numerous projects and activities, participant’s’ build new friendships, learn how to work within groups, plan their time, sharpen their interpersonal and social skills to develop relationships with peers in the community, improving their selfconfidence and esteem. ➢ Participants learn social skills, social entrepreneurial and ICT skills necessary for accessing employment on the job market ➢ Disadvantage young people were encouraged to participate in programs outside UK, this encouraged networking, international relationships building etc. ➢ Participants’ confidence and self-esteem level is boosted through various motivational talks and activities thereby encouraging harmony and bonding. ➢ Our projects created opportunities for dialogue and joint working; the cultural mix during our projects encouraged interaction, social networking and social action. ➢ GVI’s projects encouraged racial and religious pluralism, among young people, women, girls and elderly people in the community by bringing in speakers and trainers from all background to the community. ➢ People from the local community were encouraged to work together ensuring peace and social development, most importantly among diverse ethnic groups, new immigrants such as the Somali’s, Middle Easterner’s, Polish, Romas, established whites and Caribbean’s youths. ➢ GVI acted as problem solver by drawing young people away from crime, anti-social behaviours and religious bigotry through various activities, exercises and games. ➢ GVI also acted as link to other local organizations assisting in signposting young people to other services and organisations for example some young people were signpost to sports clubs and other projects in the community. ➢ Our sports and exercises projects created a healthier community through constant and frequent group exercises and activities. ➢ 85% of participants continued to exercise on regular basis creating a healthy community. ➢ Our sports projects recorded significant reduction in avoidable health challenges such as obesity and stress. ➢ 80% of participants on the projects have more confidence in communicating and networking with others. ➢ BAME young people, women, girls and elderly people’s selfconfidence and esteem are enhanced as they engaged in competitive activities, learn new skills and build new relationships. ➢ We recorded 10% reduction in truancy, bullying, and antisocial behaviours among girls, young women and young people in BME areas we serve in Manchester through active engagement in our charitable activities providing where to go, something to do etc, most importantly during summer seasons. We inculcate in BAME young people, women, girls and elderly people basic skills of Team working, Time Management, Interpersonal Skills etc
2
-
➢ At least 20% of BAME young people, women, girls and elderly people continue to participate in our project activities to sustain the project initiative
-
➢ 40% considers volunteering during our other programs within the community and 40% will continue to engage in our other programs.
-
➢ Participants learn new skills i.e., Emotional Intelligence, Digital/ICT skills, Endurance, Perseverance etc.
-
➢ We had an increase in the funding accessed by our fund-raising team during the year and we look forward to progress in the new project year.
-
➢
Section E
GVI’s restricted and unrestricted reserves (savings) are set aside for Brief statement of the specific purposes and will not be used for day-to-day operations as organisation policy clearly stated in our reserves policy and financial reports. on reserves
Further financial review details
Grants/funds
-
principal sources of funds
-
• how expenditure has By following a strict financial policy and procedures regarding cost
-
supported the key objectives control and ensuring all outflows are controlled by management
-
of the organisation; members (Chairperson, Secretary & Treasurer) before they are committed. GVI was able to effectively deliver key project objectives in 2020/2021 financial year.
Section G
The management team declare that they have approved the report above.
Signed on behalf of members.
Signature
Full name AYODEJI OLOFINTILA
Position (e.g. Secretary, Chair, CHAIR etc)
Date 18/04/2021
GLOBAL VISION INITIATIVE (FORMERLY VISION 2020 LEADERSHIP INITIATIVE) (CHARITY NO.1142264) DRAFT INCOME & EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021
| INCOME Donations & Grants Received (Unrestricted) Donations & Grants Received (Special projects) LESS: EXPENDITURES Project Planning, Co-ordination, Monitoring & Evaluation Trainers Project Co-ordinators, Project Planning & Evaluation Capacity Building, Training & Organizational Development Events & Venue Hire Promotion & Adverts Special Project Expenditure Sports Equipment & Events Feeding Accommodation Xmas Party Travel Cost Reimbursement Misc Donations- Unicef & I care Administration Expenses: Travel & Subsistence- Local Telephone, Internet & Postage Insurance Sundries Accountancy Fees Depreciation EXCESS OF INCOME OVER EXPENDITURE Accumulated Fund bf Accumulated Fund cf |
£ £ 101,626 3,601 105,227 18,540 15,000 10,000 11,000 37,528 2,579 3,799 - - - - - - 98,446 1,546 267 - 3,203 840 806 6,662 105,108 119 767 886 2021 |
£ £ 101,626 3,601 105,227 18,540 15,000 10,000 11,000 37,528 2,579 3,799 - - - - - - 98,446 1,546 267 - 3,203 840 806 6,662 105,108 119 767 886 2021 |
£ £ 57,425 57,425 29,356 227 8,000 11,500 300 2,404 140 51,927 1,975 267 295 1,711 500 567 5,315 57,242 183 584 767 2020 |
£ £ 57,425 57,425 29,356 227 8,000 11,500 300 2,404 140 51,927 1,975 267 295 1,711 500 567 5,315 57,242 183 584 767 2020 |
|---|---|---|---|---|
| 105,227 105,108 |
||||
| 98,446 1,546 267 - 3,203 840 806 |
51,927 1,975 267 295 1,711 500 567 |
|||
| 6,662 | 5,315 | |||
| 119 767 |
183 584 |
|||
| 886 | 767 |
GLOBAL VISION INITIATIVE
(FORMERLY VISION 2020 LEADERSHIP INITIATIVE) (CHARITY NO.1142264) BALANCE SHEET AS AT 31 MARCH 2021
| FIXED ASSESTS Programme Development Equipment, Fixtures & Fittings Additions During the Year Less: Depreciation CURRENT ASSETS Cash at Bank- No 1 Account-16359763 Cash at Bank- No 2 account 10843267 Cash at Bank- No 3 account 16808164 Cash at Bank- Santander Accopunt LESS: LIABILITIES Creditors:Project Expenditure Programme Development Bank Loan Other Loans Accruals REPRESENTED BY ACCUMULATED FUNDS UNRESTRICTED Balance Brought Forward Surplus (Deficit) for the Year (Unrestricted) |
£ £ 10,000 5,110 2,950 8,060 806 7,254 5 14 5 4,354 4,378 2021 |
£ £ 10,000 5,110 2,950 8,060 806 7,254 5 14 5 4,354 4,378 2021 |
£ £ 4,778 899 5,677 567 5,110 - 2 2 2020 |
£ £ 4,778 899 5,677 567 5,110 - 2 2 2020 |
|---|---|---|---|---|
| 8,060 806 |
5,677 567 |
|||
| 5 14 5 4,354 |
- 2 |
|||
| 221 14,000 5,735 790 |
11,632 20,746 |
- 3,835 510 |
5,112 4,345 |
|
| 9,114 - 767 119 |
767 584 183 |
|||
| 886 | 767 |
GLOBAL VISION INITIATIVE (FORMERLY VISION 2020 LEADERSHIP INITIATIVE) (CHARITY NO.1142264) DRAFT INCOME & EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021
| INCOME Donations & Grants Received (Unrestricted) Donations & Grants Received (Special projects) LESS: EXPENDITURES Project Planning, Co-ordination, Monitoring & Evaluation Trainers Project Co-ordinators, Project Planning & Evaluation Capacity Building, Training & Organizational Development Events & Venue Hire Promotion & Adverts Special Project Expenditure Sports Equipment & Events Feeding Accommodation Xmas Party Travel Cost Reimbursement Misc Donations- Unicef & I care Administration Expenses: Travel & Subsistence- Local Telephone, Internet & Postage Insurance Sundries Accountancy Fees Depreciation EXCESS OF INCOME OVER EXPENDITURE Accumulated Fund bf Accumulated Fund cf |
£ £ 101,626 3,601 105,227 18,540 15,000 10,000 11,000 37,528 2,579 3,799 - - - - - - 98,446 1,546 267 - 3,203 840 806 6,662 105,108 119 767 886 2021 |
£ £ 101,626 3,601 105,227 18,540 15,000 10,000 11,000 37,528 2,579 3,799 - - - - - - 98,446 1,546 267 - 3,203 840 806 6,662 105,108 119 767 886 2021 |
£ £ 57,425 57,425 29,356 227 8,000 11,500 300 2,404 140 51,927 1,975 267 295 1,711 500 567 5,315 57,242 183 584 767 2020 |
£ £ 57,425 57,425 29,356 227 8,000 11,500 300 2,404 140 51,927 1,975 267 295 1,711 500 567 5,315 57,242 183 584 767 2020 |
|---|---|---|---|---|
| 105,227 105,108 |
||||
| 98,446 1,546 267 - 3,203 840 806 |
51,927 1,975 267 295 1,711 500 567 |
|||
| 6,662 | 5,315 | |||
| 119 767 |
183 584 |
|||
| 886 | 767 |
GLOBAL VISION INITIATIVE
(FORMERLY VISION 2020 LEADERSHIP INITIATIVE) (CHARITY NO.1142264) BALANCE SHEET AS AT 31 MARCH 2021
| FIXED ASSESTS Programme Development Equipment, Fixtures & Fittings Additions During the Year Less: Depreciation CURRENT ASSETS Cash at Bank- No 1 Account-16359763 Cash at Bank- No 2 account 10843267 Cash at Bank- No 3 account 16808164 Cash at Bank- Santander Accopunt LESS: LIABILITIES Creditors:Project Expenditure Programme Development Bank Loan Other Loans Accruals REPRESENTED BY ACCUMULATED FUNDS UNRESTRICTED Balance Brought Forward Surplus (Deficit) for the Year (Unrestricted) |
£ £ 10,000 5,110 2,950 8,060 806 7,254 5 14 5 4,354 4,378 2021 |
£ £ 10,000 5,110 2,950 8,060 806 7,254 5 14 5 4,354 4,378 2021 |
£ £ 4,778 899 5,677 567 5,110 - 2 2 2020 |
£ £ 4,778 899 5,677 567 5,110 - 2 2 2020 |
|---|---|---|---|---|
| 8,060 806 |
5,677 567 |
|||
| 5 14 5 4,354 |
- 2 |
|||
| 221 14,000 5,735 790 |
11,632 20,746 |
- 3,835 510 |
5,112 4,345 |
|
| 9,114 - 767 119 |
767 584 183 |
|||
| 886 | 767 |