OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

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:

Summary of the objects of the organisation set out in its governing document

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

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

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