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|