ANNIUAL REPORT 1[st] April 2024 – 31[st] March 2025
Administrative and governance details
Rudolph Walker Foundation, charity number: 1157221, organisation type: Charitable Incorporated Organisation, company number: CE001999
Trustees serving during this time
Rudolph Walker CBE – Chair Deji Adeoshun (re-appointed 22 November 22) Lindsey Coulson (appointed 22 November 22) Sarah Eckert (re-appointed 22 November 22) Michaelene Gail Holder-March (appointed 22 November 22) Ricky Norwood (appointed 22 November 22) Anton Phillips (appointed 22 November 22) Sheona Walker Darren Walker
Ansel Wong (re-appointed 22 November 22)
Vision Statement
To unlock the limitless potential of young people through the creative arts, empowering them to rise with confidence, lead with purpose, thrive in community, and follow their dreams.
Mission Statement
We achieve this by delivering high-impact creative development programmes that combine immersive cultural experiences, professional mentorship, and transformative storytelling. Through these initiatives, we cultivate self-belief, leadership, and authentic expression, turning potential into practice and preparing young people to shape their futures with purpose and pride.
Activities during the year
The charity ran REACH & Beyond a programme aimed at young people at risk of exclusion from school at Chace Community School (16 students), Edmonton County (16 students) and St Anns Catholic High School for Girls (14 students) for a term at each with workshops taking place after school once a week for 2 hours for between 8 and 12 weeks culminating in a showcase in front of peers, friends, family & teachers. The program was run for 3 terms at Oasis Academy (53 students). All schools are in the London Borough of Enfield.
We ran a Summer University drama course on behalf of Enfield Youth Service for 23 young people who performed their piece at the Summer University closing event Ignite and in front of 800 people in Rudolph Walker’s 85[th] birthday celebration at the Broadway Theatre in Lewisham which took place September 2024, hosted by Eddie Nestor MBE & Robbie Gee featuring young people, celebrities and professional comedians & singers all of whom gave their time in order to raise funds for the Foundation. The event raised almost £6,000 once all expenses were paid & and was produced by trustee Sarah Eckert.
We ran weekly drop-in workshops in each of 2 youth centres on behalf of Enfield Youth Service – Ponders End Youth Centre and Craig Park Youth and Family Hub.
Financial review
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RWF had £14539 in the bank as at 31 March 2025, owed creditors £2816, was owed £250 and carried £2,000 of income forward to 2025/26 to finish work in Oasis Academy.
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Total income for the year was £37,147 & total expenditure £35,490 thus the year finished with a surplus of 1,657.
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£5868 was raised through the fundraising show at Broadway Theatre. Workshops were funded by Enfield Youth Service, NEXUS Enfield & in some cases by the schools, £2,500 was raised through donations some made in return for appearances by Rudolph Walker CBE. Drama facilitator/mentors accounted for £20,590 of expenditure, administration & overheads totalled £5,458
Reserves policy
RWF currently has no reserves and no funds in deficit.
Uncertainties:
While the company currently relies on project-based funding, access to core funding would significantly strengthen RWF’s organisational capacity, including the employment of an administrator and the ability to respond effectively to new opportunities.
Signed:
Deji Adeoshun
Chair
Date: 16 January 2026
Income & expenditure The Rudolph Walker Foundation Year ended 31 March 2025
| Opening balance Balances Accrued Expenses HSBC Loans from Officers Accounts Payable Accounts receivable Accrued revenue Prepayment Income EARNED INCOME Box Office commissions Box Office receipts Fees for REACH workshops Workshop fees Programme & merchandising commission Programme & merchandising income RW Fees Total for EARNED INCOME FUNDRAISING & DONATIONS Donations Trusts & Foundations Total for FUNDRAISING & DONATIONS Miscellaneous Income Services Grants Income Restricted Total for Grants Income PRS & licensing costs Total for Income Cost of Sales Gross Profit |
31/03/2024 31/03/2023 94 7,850 - 10,266 21,745 146 - 146 - 2,303 - 379 - 7,682 14,130 - 2,676 7,911 9,598 Apr 1 2024 - Mar 31 2025 Apr 1 2023 - Mar 31 2024 0 0 -1,455 -278 15,125 1,775 5,150 14,508 15,000 5,571 -15 100 500 33,820 22,161 0 0 2,477 4,023 500 2,477 4,523 350 500 0 0 20,372 0 20,372 -27 37,147 47,029 0 0 37,147 47,029 |
|---|---|
| Expenses GENERAL COSTS Administrator Bank Charges Box office costs Computer costs Dues and Subscriptions Hospitality Travel and Meetings Trophies & prizes DBS check Excursion costs Insurance Expense Office Expense Postage and Delivery Telephone Volunteer expenses Total for GENERAL COSTS Insurance Expensee PRINT & PROMOTION Banners & pop ups Photography & filming Printing Social Media Website Design Total for PRINT & PROMOTION PRODUCTION FEES & COSTS Artist Fees Drama facilitators/mentor fees PRS Technical equipment Travel & expenses Venue hire Producer fees Set, costume, props Technical fees Total for PRODUCTION FEES & COSTS FEES Fundraising costs Total for FEES Total for Expenses Net Operating Income Other Income Other Expenses Net Other Income |
0 0 2,980 8,298 83 66 291 11 569 499 1,393 3,236 75 92 57 293 241 50 522 25 52 30 50 5,458 13,454 567 0 0 72 682 400 7,840 166 194 190 1,050 2,471 2,441 400 3,299 12,607 0 0 100 1,175 20,590 15,245 291 720 325 2,013 4,140 2,964 400 180 650 26,166 22,627 0 0 27 0 27 35,490 48,716 1,657 -1,687 0 0 0 0 0 0 |
|---|---|
Net Income 1,657 -1,687
| Closing Balances | 31/03/2025 | 31/03/2024 | ||
|---|---|---|---|---|
| Accrued Expenses | - | 405 - |
94 | 94 |
| HSBC | 14,539 | 10,266 | 10,266 | |
| Accounts Payable | - | 2,816 - |
- 2,303 | - 2,303 |
| Accounts Receivable | 250 | 250 | ||
| Accrued Revenue | - 2,000 | - 2,000 | ||
| Loan from Trustee | - 146 | - 146 | ||
| 9,568 7,911 | 9,568 7,911 | 9,568 7,911 | 9,568 7,911 | |
| opening balances + income - expenses 9,568 7,911 | 9,568 7,911 | 9,568 7,911 | 9,568 7,911 |
Approved on behalf of the Trustees
Deji Adeoshun
1/15/2026
Date
Income & expenditure The Rudolph Walker Foundation Year ended 31 March 2025
| Opening balance Balances Accrued Expenses HSBC Loans from Officers Accounts Payable Accounts receivable Accrued revenue Prepayment Income EARNED INCOME Box Office commissions Box Office receipts Fees for REACH workshops Workshop fees Programme & merchandising commission Programme & merchandising income RW Fees Total for EARNED INCOME FUNDRAISING & DONATIONS Donations Trusts & Foundations Total for FUNDRAISING & DONATIONS Miscellaneous Income Services Grants Income Restricted Total for Grants Income PRS & licensing costs Total for Income Cost of Sales Gross Profit |
31/03/2024 31/03/2023 94 7,850 - 10,266 21,745 146 - 146 - 2,303 - 379 - 7,682 14,130 - 2,676 7,911 9,598 Apr 1 2024 - Mar 31 2025 Apr 1 2023 - Mar 31 2024 0 0 -1,455 -278 15,125 1,775 5,150 14,508 15,000 5,571 -15 100 500 33,820 22,161 0 0 2,477 4,023 500 2,477 4,523 350 500 0 0 20,372 0 20,372 -27 37,147 47,029 0 0 37,147 47,029 |
|---|---|
| Expenses GENERAL COSTS Administrator Bank Charges Box office costs Computer costs Dues and Subscriptions Hospitality Travel and Meetings Trophies & prizes DBS check Excursion costs Insurance Expense Office Expense Postage and Delivery Telephone Volunteer expenses Total for GENERAL COSTS Insurance Expensee PRINT & PROMOTION Banners & pop ups Photography & filming Printing Social Media Website Design Total for PRINT & PROMOTION PRODUCTION FEES & COSTS Artist Fees Drama facilitators/mentor fees PRS Technical equipment Travel & expenses Venue hire Producer fees Set, costume, props Technical fees Total for PRODUCTION FEES & COSTS FEES Fundraising costs Total for FEES Total for Expenses Net Operating Income Other Income Other Expenses Net Other Income Net Income |
0 0 2,980 8,298 83 66 291 11 569 499 1,393 3,236 75 92 57 293 241 50 522 25 52 30 50 5,458 13,454 567 0 0 72 682 400 7,840 166 194 190 1,050 2,471 2,441 400 3,299 12,607 0 0 100 1,175 20,590 15,245 291 720 325 2,013 4,140 2,964 400 180 650 26,166 22,627 0 0 27 0 27 35,490 48,716 1,657 -1,687 0 0 0 0 0 0 1,657 -1,687 |
|---|---|
| Closing Balances Accrued Expenses HSBC Accounts Payable Accounts Receivable Accrued Revenue Loan from Trustee opening balances + income - expenses |
31/03/2025 31/03/2024 405 - 94 14,539 10,266 2,816 - - 2,303 250 - 2,000 - 146 9,568 7,911 9,568 7,911 |
|---|---|
Approved on behalf of the Trustees
Deji Adeoshun
Date 15 January 2026
Independent Examiner's Report to the Trustees of The Rudolph Walker Foundation
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 1 to 3.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the A I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: B M Joseph
Name B M Joseph FCA Address PO Box 199, Edgware, Middlesex HA8 7FG Date: 19 January 2026