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2021-12-31-accounts

Liberty-Making People Free

Report of the Trustees For the Year Ended 31 December 2021

LIBERTY – MAKING PEOPLE FREE

Charity Registration Number: 1150001

Report of the Trustees and Financial Statements

For the year ended 31 December 2021

Liberty-Making People Free

Report of the Trustees For the Year Ended 31 December 2021

LIBERTY - MAKING PEOPLE FREE Contents of the Financial Statements For the Period Ended 31[st] December 2021

Page Report of the Trustees 3-7 Report of the Independent Examiner 8 Statement of Financial Activities 9 Statement of Financial Position 10 Notes to the Financial Statements 11-13

Liberty-Making People Free

Report of the Trustees For the Year Ended 31 December 2021

LIBERTY - MAKING PEOPLE FREE

Trustees Annual Report for the year ended 31 December 2021

The Trustees present their annual report with the financial statements of Liberty – Making People Free for the year ended 31st December 2021. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and also provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued March 2005

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 1150001 Registered Office: 21/29, Pendennis Road Streatham London SW16 2SS Trustees: Dr Ayodele T Ajayi (Chair) Rev. Akinola Abiona (Secretary) Rev. Enitan Idowu (Treasurer) Rev. Gbenga Badejo Rev. Bolaji Fagboyegun

There has been no changes to the board of trustees or their contact details in the past report year.

Independent Examiner : TONVIA FINANCIALS Baxter Road Enfield N18 Banker: Virgin Money Sort Code: 82-11-07 Account no: 30242144

Liberty-Making People Free

Report of the Trustees

For the Year Ended 31 December 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust.

Liberty- Making People Free was established under a Memorandum of Association which established the objectives and powers of the Charitable Company.

Organisational Structure

The Board of Trustees, also acting as Council of Management and with other advisers promotes the objectives of the charity.

The Board of Trustees hold meetings throughout the year to promote the policies, strategies and processes of implementation for the various programmes and projects. These are subject to constant reviews to assess outcomes.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurances against fraud and error.

OBJECTIVES AND ACTIVITIES

The Objectives of the charity is set out in the Declaration of Trust.

The activities for achieving its objectives include:

ACHIEVEMENTS AND PERFORMANCE

The Board of Trustees are pleased to report as follows

PUBLIC BENEFIT

The Trustees of the charity having due regard for reporting the public benefit provided by the charity in line with the Charities Act 2002, are pleased to report that company has continued its involvement with many community focussed outreach programmes and project providing direct benefits for the public.

Liberty Apprenticeship Programme

In 2021, we started the Liberty Apprenticeship Programme which was designed to equip young adults with skills relevant for the 21st Century marketplace. Through this programme, we are setting young adults free from the captivity of unemployment and a hopeless future.

The scope of this project was to develop what is essentially a social enterprise where young people will learn skills that they could immediately put into use to earn a living in the gig economy. The first intake of 23 participants graduated in October 2021 after three months of training in vocational courses such as Fashion Design, digital marketing, Online Marketing, Web Designing, and Web Development

Cell Group & Food Poverty Relief Project

The Lockdown Palliative Scheme that we started in 2020 was assimilated into the Cell Group & Food Poverty Relief Project. Throughout 2021, we have continued with our food relief programme. Raw food was distributed from a centre for poor people who found the pandemic and its aftermath a challenging experience. In 2021, 2500 food parcels were given out. We now have a total of 32 cell groups with over 600 members in Ibadan.

Medical Grants and Treatment

Our medical outreach programme resumed in Fiditi in 2021. This year the approach focused on three areas - house to house evangelism, outreach to secondary schools and medical care (eye clinic). We had approximately 200 volunteers over the five-day programme visiting villages in and around Fiditi and led over 550 people to Christ. The Medical Team carried out 34 cataract surgeries and over 350 reading glasses were distributed. The newly-crowned king of the town gave his full support and attended one of the programmes with his courtiers.

Education & Training

13 pupils at our school in Imini sat for the State Common Entrance examination and all passed, securing places to their secondary schools of choice. Two of them have received scholarships from one of our sponsors. We also bought a bus for the Imini school in 2021.

15 pupils from our Sepeteri School took the National Association of Proprietors of Private Schools (NAPPS) Testimonial and Oyo State Placement Entrance examinations. All of the students passed and gained entry to their secondary schools of choice. We have continued to support the welfare of the teachers including provision of training for their professional and personal development and payment of their salaries.

Schools Outreach

We started a new project in 2021. Offering mentoring and discipleship for secondary school students in their environment, the Schools Outreach Project also holds seminars on topics such as Mental Health, Drug Abuse and Academic Excellence. We now have six of these teams operating in five towns.

To further support the work with the students, a teacher has been commissioned by Liberty to engage with the secondary schools in Fiditi and oversee the classes on a full-time basis.

Rural Water Supply Scheme

We have continued to sustain our clean water programme to enable the villagers of Imini to have access to potable water to prevent outbreak of water borne disease such as cholera and typhoid fever.

Sahel Project

Our project in Mali has continued to grow. A perimeter fence is being erected to secure the land that was recently purchased.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the report of the trustees and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applications of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements the Trustees are required to;

The trustees are responsible for keeping proper accounting records which discloses with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.

DR AYODELE T AJAYI Date: 29th March 2022

LIBERTY - MAKING PEOPLE FREE

Independent Examiners’ Report for the year ended 31 December 2021

I report on the accounts of the charity for the year ended 31 December 2021 which is set out on pages 11 to 15

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

TONVIA FINANCIALS

Baxter Road London N18 Dare: 30[th] March 2022

LIBERTY - MAKING PEOPLE FREE

STATEMENT OF FINANCIAL ACTIVITIES

STATEMENT OF FINANCIAL ACTIVITIES
Notes
Incoming Resources
6
Gifts, donations & incoming resources
Voluntary income
Grants received
Sub total
Asset and investment sales
Total Incoming Resources
Resources Expended
Resources expended to charitable
activities
7
Resources expended to other charitable
activities
7
Management and governance costs
9
Sub total
Asset and investment purchases
Total payments
Net of receipts/(payments)
Transfers between funds
Cash funds last year end
Cash funds this year end		 FOR THE PERIOD ENDED 31 DECEMBER 2021
Unrestricted
funds
Restricted
funds
Total funds
2021
2021
2021
£
£
£
42,913
42,913
1,252
1,252
-00
-00
44,165
-00
44,165
-
-
-00
44,165
-
44,165
12747
12747
6424
-00
6424
400
-00
400
-
-00
-00
19,571
-00
19,571
-
19,571
-
19,571
15,642
0
15,642
-00
230,831
230,831
246,466
-00
246,466		 Last year
2020
£
129,388
1,650
-00
131,038
-00
63,804
24,647
5,094
400
30,141
30,141
100,896
129,935
230,831

LIBERTY - MAKING PEOPLE FREE

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2021

Notes
NON-CURRENT ASSETS
Tangible Fixed Assets
CURRENT ASSETS
Cash and cash equivalents
12
Total Assets
CUURENT LIABILITIES
Amount falling due within one year
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
13
General - Unrestricted
General - Restricted		 2021
£
-		 2021
2020
£
£
-
-
247,066
230,831
247,066
230,831
(600)
-
- 246,466
230,831
246,466
230,831
246,466
230,831
-
-
246,466
230,831

Notes to the Financial Statements for the year ended 31 December 2021

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of investments and in accordance with applicable Accounting Standards. The Trustees have adopted the recommendations contained within the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) applicable accounting standards, the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2005.

2. Income and Expenditure

Income and expenditure are accounted for on an accrual basis.

3. Tangible fixed assets depreciation policy

Fixed assets comprise equipment costing more than £200 or have a useful life of more than a year. Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life on the following basis:

Freehold buildings - 2% on cost or revalued amounts Computer equipment - 25% reducing balance Fixtures and fittings - 25% reducing balance Motor vehicles - 25% reducing balance

4. Unrestricted Income funds are incoming resources for the objects of the charity without further specified purpose and are available as general funds.

5. Restricted Income funds are subject to restriction on their expenditure imposed by their donors

6. DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

DONATIONS, LEGACIES AND SIMILAR
INCOMING RESOURCES
Collections and standing orders
Sundry Donations		 Unrestricted
Funds
Restricted
Funds
Total Funds
£
£
£
244,720
-
129,270
1,746
1,650
246,466
_
131,038
7. CHARITABLE ACTIVITIES COSTS Direct costs Support costs Total
£ £
 £
Resources expended to charitable activities 12,747 - 12747
Resources expended to other charitable activities 6424 - 6424
Sundry Donations - - -
19571 - 19571

8. SUPPORT COSTS
Wages
Travel

9. GOVERNANCE COSTS


Accountancy
Legal and professional fees
2021
2020
£
£
0
2,040
0
0
0
2,040
2021 2020
££
400400
-
400
400

10. TRUSTEES REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021.

11. STAFF COSTS
Salaries and wages
12. CASH AT BANK		 2021
2020
£
£
-
2,040
2021
2020
£
£
246,466
230,831

13. MOVEMENT IN FUNDS Net Movement in funds

Unrestricted funds
General
Restricted funds
TOTAL FUNDS		 At.1/1/20
At 31/12/20
£
£
£
230,831
15,635
246,466
- - -
230,831
15,635
246,466

Net movement in funds, included in the above are as below

14
Unrestricted funds
General
Restricted funds
Restricted funds
TOTAL FUNDS		 Incoming
resources
Resources
expended
Movement in
funds
£
£
£
44,165
(19,571)
25,194
-
-
-
44,165
(19,571)
25,194

RELATED PARTY

15 DISCLOSURES

capacity as Trustees

No material transaction took place between the charity and a Trustee or any person connected with them.

16