IHEZIE
FOUNDATION
TRUSTEES ANNUAL REPORT
1 April 2024 – 31 May 2025 Charity Registration Number: 1160562
1
Reference and Administrative details
Charity Name: Ihezie Foundation Other Name Used: Ihezie Foundation-Book Relief Registered Charity Number: 1160562
Principal Address: Ihezie Foundation 33 Burners Lane Kiln Farm Milton Keynes MK11 3HA United Kingdom
Trustees:
-
Aloysius Ihezie - Chairman
-
James Phipson - Trustee
-
Jaimin Chandarana - Trustee
-
Craig Ihezie - Trustee
Chief Executive:
- Michael Bloedorn
Independent Examiner:
Garcha & Co 79A South Road Middlesex UB1 1SQ United Kingdom
Bankers: Barclays Bank, Wembley
2
Objectives and Activities
About Ihezie Foundation
Summary of the purposes of the charity as set out in its governing document
Ihezie Foundation is a UK-based charity dedicated to transforming lives through literacy and education across the UK and Africa. By providing high-quality books to underserved schools and institutions, we support educators, inspire a love of reading, and open doors of opportunity for children and young people who need it most. We believe education is one of the most powerful tools for long-term change, and every book delivered helps shape a brighter future.
Our Purpose and Public Benefit
Access to quality education is one of the greatest gifts a society can offer its future generations. At the heart of education lies access to books, resources that nurture curiosity, develop essential skills, and encourage lifelong learning.
Ihezie Foundation exists to address this need. The trustees confirm that all activities undertaken during the year directly further the charity’s objectives and deliver clear public benefit, in line with our governing document.
Our Work in the UK
Ihezie Foundation is committed to strengthening literacy and educational outcomes for children across the UK. Through our book donation programmes, we increase access to high-quality reading materials and help schools build vibrant, well-resourced libraries that pupils can take pride in.
Our work spans Greater London, Buckinghamshire, and surrounding counties, where we support primary schools by delivering essential children’s books. Our aim is simple but powerful: to ensure every school we support has the resources needed to spark curiosity, boost literacy, and help young learners thrive.
Our Work in Africa
Across Africa, Ihezie Foundation supports schools, universities, and libraries through the donation of textbooks. Our approach is rooted in the belief that access to education provides students with the strongest possible foundation for life. By improving access to learning materials, we help equip young people with the knowledge, confidence, and skills needed to identify and maximise social, medical, and economic opportunities. In doing so, our work supports not only individual students, but also the wider communities they belong to.
(Chelsea Ihezie and Michael Bloedorn of Ihezie Foundation with teachers at Edward Betham Primary School in Greenford London)
3
Achievements and Performance
Our Work in the UK: “Every London Child a Reader”
During the reporting period, Ihezie Foundation continued to deliver its flagship literacy initiative, Every London Child a Reader .
-
7,000 books were donated to primary schools across London
-
A further 14,000 books are scheduled for distribution in February.
-
In the London Borough of Ealing, 4,000 books were donated to:
-
West Acton Primary School
-
Dairy Meadow Primary School
-
Havelock Primary School
-
North Primary School
An additional 3,000 books were donated to the following Primary schools in the Hammersmith and Fulham Borough:
-
Ark Bentworth
-
Ark White City
-
Ark Conway
The programme will continue with planned donations to primary schools in the London Lewisham Borough:
-
Deptford Park Primary School
-
Twin Oaks Primary School
-
Grinling Gibbons Primary School
-
St Joseph’s Catholic Primary School
-
Oak Garden Primary School
-
Rathfern Primary School
-
St William of York Catholic Primary School
By increasing access to engaging, age-appropriate books, Ihezie Foundation is helping children develop strong reading habits, broaden their horizons, and build a solid foundation for future learning.
Since our inception, against the odds and through every challenge, we rose, stronger, wiser, and victorious. What once felt impossible now stands as a testament to perseverance and belief. We did it our way and this moment is proof that patience, courage and heart always find its reward.
4
Structure, Governance and Management
Ihezie Foundation is governed by a Constitution as a Charitable Incorporated
Organisation (UK Charity Number: 1160562).
Trustee selection methods and The Board of Trustees is entitled to nominate any additional induction, training and number of trustees. support. Trustees can be elected during a scheduled board meeting by a majority vote of trustees with minutes taken of the decision. Trustees are inducted by the Chair of Trustees and the Chief Executive.
Organisational Structure
Ihezie Foundation operates as an independent charity and is not affiliated with any other charitable organisations. Internationally, we work collaboratively with local ministries of education and universities to ensure our programs are delivered effectively and responsibly.
Choice Textile Limited, Greener Books Limited and Brit Books Limited are valued and committed supporters of the charity. The relationship is entirely philanthropic, providing no material or financial benefit to the companies, while delivering meaningful and lasting benefits to the Ihezie Foundation.
In addition to the benevolence of these organizations, Ihezie Foundation continues to actively seek external support to further our charitable objectives.
Declarations
The trustees confirm that they have approved this Trustees’ Annual Report.
Signed on behalf of the trustees:
Signature(s)
Full Aloysius Ihezie Name(s): Position: Chairman Date: 30.01.202
5
IHEZIE FOUNDATION CHARITY REGISTRATION NUMBER 1160562 33 BURNERS LANE KILN FARM MILTON KEYNES MKll 3HA
ACCOUNTS FOR THE YEAR FROM 31ST MARCH 2025
GARCHA & CO CHARTERED CERTIFIED ACCOUNTANTS HEASLEIGH HOUSE 79A SOUTH ROAD ~~SOUTHALL~~ MIDDLESEX UBl lSQ TEL: 020 8843 1816/9010 ~~FAX: 020 8813 8249~~
2
IHEZIE FOUNDATION CHARITY R ~~EGISTRATION NUMBER~~ 1160562 ~~ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025~~
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
~~IHEZIE FOUNDATION~~
I report to the trustees on my examination of the accounts of the above charity (the trust) for the year ended 31st March 2025
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirement of the Charities Act 2011 (the Act) . I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 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 which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act: or
the accounts did not accord with the accounting records: or the accounts did not comply with he 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 examiation to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr. S.S. Garcha Garcha & Co
Chartered Certified Accountants
& Senior Statutory Auditor Heasleigh House 79a South Road Southall, Middlesex, UBl lSQ Date: 10/11/2025
IHEZIE FOUNDATION CHARITY R ~~EGISTRATION NUMBER~~ 1160562 ~~STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025~~
3
| NOTES | ||||
|---|---|---|---|---|
| TOTAL | TOTAL | |||
| RESTRICTED UNRESTRITED | RESTRICTED UNRESTRITED | |||
| ~~FUNDS~~ | ~~FUNDS~~ | 2025 | 2024 | |
| £ | £ | £ | £ | |
| INCOME AND EXPENDITURE | ||||
| INCOMING RESOURCES | ||||
| Donations | 2 | 35,000 | ||
| Other income - JRS | ||||
| TOTAL INCOMING RESOURCES | 35,000 | |||
| RESOURCES EXPENDED | ||||
| Direct expenditure | 3 | 1,535 | 1,535 | 1,263 |
| Fundraising and publicity | 3 | 590 | 590 | 740 |
| Management and administration | ||||
| of the charity | 3 | 8,060 | 8,060 | 8,060 |
| --------- | --------- | --------- | ||
| TOTAL RESOURCES EXPENDED | 10,185 | 10,185 | 10,063 | |
| --------- | --------- | --------- | ||
| NET INCOMING/(OUTGOING) | ||||
| ~~RESOURCES FOR THE YEAR~~ | (10,185) | (10,185) | (10,185) 24,937 |
|
| --------- | ||||
| Balance brought forward at | Balance brought forward at | |||
| 1 April 2024 | 92,197 | 67,260 | ||
| --------- | --------- | |||
| BALANCE CARRIED FORWARD AT | BALANCE CARRIED FORWARD AT | |||
| ~~31 March 2025~~ | 82,012 --------- |
92,197 --------- |
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
| IHEZIE FOUNDATION | IHEZIE FOUNDATION | IHEZIE FOUNDATION | |||||
|---|---|---|---|---|---|---|---|
| CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | 4 | |||||
| BALANCE SHEET | BALANCE SHEET | ||||||
| AS AT 31ST MARCH 2025 | AS AT 31ST MARCH 2025 | ||||||
| 2025 | 2024 | ||||||
| CURRENT ASSETS | |||||||
| Cash at bank | 84,516 | 93,391 | |||||
| 84,516 | 93,391 | ||||||
| LIABILITIES: | |||||||
| Amounts falling due | Amounts falling due | ||||||
| within one year | 5 | 2,504 | 1,194 | ||||
| NET CURRENT ASSETS | 82,012 | 92,197 | |||||
| NET ASSETS | 82,012 | 92,197 | |||||
| FUNDS | |||||||
| Unrestricted funds | 6 | 82,012 | 92,197 | ||||
| Restricted funds | |||||||
| 82,012 | 92,197 |
These accounts were approved by the Board of Trustees and signed on their behalf b y :
CHAIRMAN
DATED: 10/11/2025
5
IHEZIE FOUNDATION
EEEE —————$ $$ CHARITY R ~~EGISTRATION NUMBER~~ 1160562 NOT ~~ES TO THE ACCOUNTS FOR~~ THE YEAR ENDED ~~31ST MARCH~~ 2025
—_————— ACCOUNTING POLICIES
These accounts have been prepared in accordance with the Charities Act 2011, Charity SORP FRS102 . The accounts have been prepared under the historical cost basis.
Income
Income is included gross, without netting off any related expenditure. Income is generally recognised when the charity becomes entitled to the resources, when receipt is probable and when the monetary amount can be measured with sufficent reliabilty. Specific policies relating to the charity's particular income sources are as follows:
Donations are included in the Statement of Financial Activities (SOFA) gross of any related tax reclaim.
Expediture
Liabilities are included once the charity is under a legal or constructive obligation to transfer economic resoures. Costs of charitable activities include those costs directly attributable to activities undertaken in pursuit of the charity's objects.
Other expenditure includes governance costs which include all costs relating to complying with legal and regulatory requirments.
Funds structure
Unrestricted funds are those funds expendable at the discretion of the Trustees in accordance with the charitable objects.
Restricted funds may only be utilised in accordance with the wishes of the donor.
Taxation
As a registered charity, it is generally exempt from income tax and capital gains tax on its charitable activities, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Trustees' emoluments
None of the trustees have received any remuneration, expenses or benefits from the charity.
a Related party transactions
There have been no related party transactions in the reporting period that require disclosure.
6
——$<$——$—_ ———— a UEEEEEE IHEZIE FOUNDATION CHARITY R ~~EGISTRATION~~ NUMBER 1160562 NOT ~~ES TO THE ACCOUNTS FOR THE~~ YEAR ENDED ~~31ST MARCH 2025~~
———— 2. DONATIONS AND GIFTS
| DONATIONS AND GIFTS ———— |
||
|---|---|---|
| 2025 | 2024 | |
| Donations | 35,000 | |
| 35,000 | ||
| ======= |
3. RESOURCES EXPENDED
_S—
| RESOURCES EXPENDED _S— |
RESOURCES EXPENDED | |||||
|---|---|---|---|---|---|---|
| RESTRICTED FUNDS £ ee od |
RESTRICTED UNRESTRICTED FUNDS £ —— ed |
UNRESTRICTED TOTAL 2025 £ ——___. ——— |
TOTAL 2024 —— a |
|||
| Directcharitableex1:2enditure Educationalexpenses _ Ss |
23 | 23 | 23 | |||
| Donations | 216 | 216 | 118 | |||
| Waterrates | ratesandbusinesstax | |||||
| Insurance | ||||||
| Light andheat | 1,319 | 1,319 | 1,145 | |||
| Repairsand | andmaintenance | |||||
| Freight charges | ||||||
| Transportandtravelling | - | - | - | |||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | |
| 1,535 | 1,535 | 1,263 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | |
| Fundraising | Fundraising andJ2Ublicity |
|||||
| Advertising | Advertising | 590 | 590 | 740 | ||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| 590 | 590 | 740 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| Management and Administration of the Charity Wages a ————$—$— — << <<< |
7,000 | 7,000 | 7,000 | |||
| Pension | ||||||
| Telephone and postage | ||||||
| Professional fees | 960 | 960 | 960 | |||
| Legal fees | ||||||
| Bank charges and overdraftinterest | 77 | 77 | 77 | |||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| 8,060 | 8,060 | 8,060 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - |
-
- · - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - · · ·
| 7 | ||||
|---|---|---|---|---|
| IHEZIE FOUNDATION | ||||
| CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | ||
| NOT~~ES TO THE ACCOUNTS FOR THE YEAR END~~ED | ||||
| ~~31ST MARCH 2025~~ | ||||
| 4. | EMPLOYEEINFORMATION e~~e~~ |
2025 rie |
2024 £ —— |
|
| 4.1 | Staff costs: | |||
| Wagesand salaries | 7,000 | 7,000 | ||
| Otherpensioncosts | 23 | 23 | ||
| -------- | -------- | |||
| 7,023 | 7,023 | |||
| ======== | ====;::;;=== | |||
| 4.2 | The average weekly number of employees during the | No. | No. | |
| year was made up as follows: | ||||
| Employees | 1 | 1 | ||
| 1 | 1 |
4.2
5.
6.
| CREDITORS- AMOUNTS FALLING DUE ~~WITHIN ONE YEAR~~ ~~ee~~ |
2025 ==" |
2024 £ ee |
|---|---|---|
| Trade creditors | (120) | (120) |
| Other taxes and social security costs | 704 | 354 |
| Other creditors | ||
| Accruals | 1,920 | 960 |
| 2,504 | 1,194 | |
| ======= | ||
| MOVEMENT IN FUNDS ~~———————~~ |
2025 <= |
|
| Balance as at 1st April 2024 | 92,197 | |
| Unrestricted funds | ||
| Resources Expended | (10,185) | |
| At 31st March 2025 | 82,012 | |
| Restricted funds | ||
| TOTAL FUNDS | 82,012 |
IHEZIE FOUNDATION CHARITY REGISTRATION NUMBER 1160562 33 BURNERS LANE KILN FARM MILTON KEYNES MKll 3HA
ACCOUNTS FOR THE YEAR FROM 31ST MARCH 2025
GARCHA & CO CHARTERED CERTIFIED ACCOUNTANTS HEASLEIGH HOUSE 79A SOUTH ROAD ~~SOUTHALL~~ MIDDLESEX UBl lSQ TEL: 020 8843 1816/9010 ~~FAX: 020 8813 8249~~
2
IHEZIE FOUNDATION CHARITY R ~~EGISTRATION NUMBER~~ 1160562 ~~ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025~~
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
~~IHEZIE FOUNDATION~~
I report to the trustees on my examination of the accounts of the above charity (the trust) for the year ended 31st March 2025
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirement of the Charities Act 2011 (the Act) . I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 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 which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act: or
the accounts did not accord with the accounting records: or the accounts did not comply with he 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 examiation to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr. S.S. Garcha Garcha & Co
Chartered Certified Accountants
& Senior Statutory Auditor Heasleigh House 79a South Road Southall, Middlesex, UBl lSQ Date: 10/11/2025
IHEZIE FOUNDATION CHARITY R ~~EGISTRATION NUMBER~~ 1160562 ~~STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025~~
3
| NOTES | ||||
|---|---|---|---|---|
| TOTAL | TOTAL | |||
| RESTRICTED UNRESTRITED | RESTRICTED UNRESTRITED | |||
| ~~FUNDS~~ | ~~FUNDS~~ | 2025 | 2024 | |
| £ | £ | £ | £ | |
| INCOME AND EXPENDITURE | ||||
| INCOMING RESOURCES | ||||
| Donations | 2 | 35,000 | ||
| Other income - JRS | ||||
| TOTAL INCOMING RESOURCES | 35,000 | |||
| RESOURCES EXPENDED | ||||
| Direct expenditure | 3 | 1,535 | 1,535 | 1,263 |
| Fundraising and publicity | 3 | 590 | 590 | 740 |
| Management and administration | ||||
| of the charity | 3 | 8,060 | 8,060 | 8,060 |
| --------- | --------- | --------- | ||
| TOTAL RESOURCES EXPENDED | 10,185 | 10,185 | 10,063 | |
| --------- | --------- | --------- | ||
| NET INCOMING/(OUTGOING) | ||||
| ~~RESOURCES FOR THE YEAR~~ | (10,185) | (10,185) | (10,185) 24,937 |
|
| --------- | ||||
| Balance brought forward at | Balance brought forward at | |||
| 1 April 2024 | 92,197 | 67,260 | ||
| --------- | --------- | |||
| BALANCE CARRIED FORWARD AT | BALANCE CARRIED FORWARD AT | |||
| ~~31 March 2025~~ | 82,012 --------- |
92,197 --------- |
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
| IHEZIE FOUNDATION | IHEZIE FOUNDATION | IHEZIE FOUNDATION | |||||
|---|---|---|---|---|---|---|---|
| CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | 4 | |||||
| BALANCE SHEET | BALANCE SHEET | ||||||
| AS AT 31ST MARCH 2025 | AS AT 31ST MARCH 2025 | ||||||
| 2025 | 2024 | ||||||
| CURRENT ASSETS | |||||||
| Cash at bank | 84,516 | 93,391 | |||||
| 84,516 | 93,391 | ||||||
| LIABILITIES: | |||||||
| Amounts falling due | Amounts falling due | ||||||
| within one year | 5 | 2,504 | 1,194 | ||||
| NET CURRENT ASSETS | 82,012 | 92,197 | |||||
| NET ASSETS | 82,012 | 92,197 | |||||
| FUNDS | |||||||
| Unrestricted funds | 6 | 82,012 | 92,197 | ||||
| Restricted funds | |||||||
| 82,012 | 92,197 |
These accounts were approved by the Board of Trustees and signed on their behalf b y :
CHAIRMAN
DATED: 10/11/2025
5
IHEZIE FOUNDATION
EEEE —————$ $$ CHARITY R ~~EGISTRATION NUMBER~~ 1160562 NOT ~~ES TO THE ACCOUNTS FOR~~ THE YEAR ENDED ~~31ST MARCH~~ 2025
—_————— ACCOUNTING POLICIES
These accounts have been prepared in accordance with the Charities Act 2011, Charity SORP FRS102 . The accounts have been prepared under the historical cost basis.
Income
Income is included gross, without netting off any related expenditure. Income is generally recognised when the charity becomes entitled to the resources, when receipt is probable and when the monetary amount can be measured with sufficent reliabilty. Specific policies relating to the charity's particular income sources are as follows:
Donations are included in the Statement of Financial Activities (SOFA) gross of any related tax reclaim.
Expediture
Liabilities are included once the charity is under a legal or constructive obligation to transfer economic resoures. Costs of charitable activities include those costs directly attributable to activities undertaken in pursuit of the charity's objects.
Other expenditure includes governance costs which include all costs relating to complying with legal and regulatory requirments.
Funds structure
Unrestricted funds are those funds expendable at the discretion of the Trustees in accordance with the charitable objects.
Restricted funds may only be utilised in accordance with the wishes of the donor.
Taxation
As a registered charity, it is generally exempt from income tax and capital gains tax on its charitable activities, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Trustees' emoluments
None of the trustees have received any remuneration, expenses or benefits from the charity.
a Related party transactions
There have been no related party transactions in the reporting period that require disclosure.
6
——$<$——$—_ ———— a UEEEEEE IHEZIE FOUNDATION CHARITY R ~~EGISTRATION~~ NUMBER 1160562 NOT ~~ES TO THE ACCOUNTS FOR THE~~ YEAR ENDED ~~31ST MARCH 2025~~
———— 2. DONATIONS AND GIFTS
| DONATIONS AND GIFTS ———— |
||
|---|---|---|
| 2025 | 2024 | |
| Donations | 35,000 | |
| 35,000 | ||
| ======= |
3. RESOURCES EXPENDED
_S—
| RESOURCES EXPENDED _S— |
RESOURCES EXPENDED | |||||
|---|---|---|---|---|---|---|
| RESTRICTED FUNDS £ ee od |
RESTRICTED UNRESTRICTED FUNDS £ —— ed |
UNRESTRICTED TOTAL 2025 £ ——___. ——— |
TOTAL 2024 —— a |
|||
| Directcharitableex1:2enditure Educationalexpenses _ Ss |
23 | 23 | 23 | |||
| Donations | 216 | 216 | 118 | |||
| Waterrates | ratesandbusinesstax | |||||
| Insurance | ||||||
| Light andheat | 1,319 | 1,319 | 1,145 | |||
| Repairsand | andmaintenance | |||||
| Freight charges | ||||||
| Transportandtravelling | - | - | - | |||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | |
| 1,535 | 1,535 | 1,263 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | |
| Fundraising | Fundraising andJ2Ublicity |
|||||
| Advertising | Advertising | 590 | 590 | 740 | ||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| 590 | 590 | 740 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| Management and Administration of the Charity Wages a ————$—$— — << <<< |
7,000 | 7,000 | 7,000 | |||
| Pension | ||||||
| Telephone and postage | ||||||
| Professional fees | 960 | 960 | 960 | |||
| Legal fees | ||||||
| Bank charges and overdraftinterest | 77 | 77 | 77 | |||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - | ||
| 8,060 | 8,060 | 8,060 | ||||
| - - - - - - - | - - - - - - - | - - - - - - - | - - - - - - - - | - - - - - - - - |
-
- · - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - · · ·
| 7 | ||||
|---|---|---|---|---|
| IHEZIE FOUNDATION | ||||
| CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | CHARITY REGISTRATION NUMBER 1160562 | ||
| NOT~~ES TO THE ACCOUNTS FOR THE YEAR END~~ED | ||||
| ~~31ST MARCH 2025~~ | ||||
| 4. | EMPLOYEEINFORMATION e~~e~~ |
2025 rie |
2024 £ —— |
|
| 4.1 | Staff costs: | |||
| Wagesand salaries | 7,000 | 7,000 | ||
| Otherpensioncosts | 23 | 23 | ||
| -------- | -------- | |||
| 7,023 | 7,023 | |||
| ======== | ====;::;;=== | |||
| 4.2 | The average weekly number of employees during the | No. | No. | |
| year was made up as follows: | ||||
| Employees | 1 | 1 | ||
| 1 | 1 |
4.2
5.
6.
| CREDITORS- AMOUNTS FALLING DUE ~~WITHIN ONE YEAR~~ ~~ee~~ |
2025 ==" |
2024 £ ee |
|---|---|---|
| Trade creditors | (120) | (120) |
| Other taxes and social security costs | 704 | 354 |
| Other creditors | ||
| Accruals | 1,920 | 960 |
| 2,504 | 1,194 | |
| ======= | ||
| MOVEMENT IN FUNDS ~~———————~~ |
2025 <= |
|
| Balance as at 1st April 2024 | 92,197 | |
| Unrestricted funds | ||
| Resources Expended | (10,185) | |
| At 31st March 2025 | 82,012 | |
| Restricted funds | ||
| TOTAL FUNDS | 82,012 |