Trustees’ Annual Report for the period
From 01/06/2020 Period start date To 31/05/2021 Period end date
Charity name: The Escape Charity
Charity registration number: 1162810
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The object of the CIO is the prevention and relief of poverty for the public benefit through supporting the education of young people in disadvantaged communities of England and Nigeria. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
1. Carrying out tuition activities for GCSE students in Mathematics, English, Science, History, Modern Foreign Languages. 2.The profit from this activity was used to carry out our charitable mission. The charity continued to sponsor the education of students in Nigeria. It currently sponsors 9 students in a University |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have been duly diligent. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Remote tutoring during the pandemic. Completion of the property in Nigeria |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution adopted in July 2015 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by Trustees at an Annual General Meeting |
Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
Charity name Other name the charity uses Registered charity number Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ijeaku Mezue | Chair | |||
| Goldwater Ojokor | ||||
| Carlene Graham | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Ijeaku Mezue Full name(s) Ijeaku Mezue Position (eg Secretary, Chair Chair, etc) Date 31/03/2022
Charity Name No (if any) The Escape Charity 1162810 Receipts and payments accounts CC16a For the period Period start date Period end date To from 26th May 2020 31st May 2021
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 27,900 2,065 - - - - - - 29,965 - - - 29,965 19,325 5,310 1,133 1,649 2,814 247 192 450 31,120 - - - 31,120 - 1,155 - 2,439 1,284 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 27,900 2,065 - - - - - - 29,965 - - - 29,965 19,325 5,310 - 1,133 1,649 2,814 247 192 450 31,120 - - - 31,120 - 1,155 |
Total funds to the nearest £ 27,900 2,065 - - - - - - 29,965 - - - 29,965 19,325 5,310 - 1,133 1,649 2,814 247 192 450 31,120 - - - 31,120 - 1,155 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Sales | 27,900 | - - - - - - - - - |
27,900 | 74,575 | ||
| Donations | 2,065 | 2,065 | 9,792 | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total(Gross income for AR) |
29,965 | 29,965 | 84,367 | |||
| A2 Asset and investment sales, (see table). |
||||||
| - | - - - |
- | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts A3 Payments |
||||||
| - | 29,965 | 84,367 | ||||
| Wages | 19,325 | - - - - - - - - - - |
19,325 | 24,068 | ||
| Overseas BuildingProject | 5,310 | 5,310 | 72,293 | |||
| Travel Abroad - Overseas Project | - | 6,440 | ||||
| Telephone | 1,133 | 1,133 | 2,770 | |||
| HMRC | 1,649 | 1,649 | 1,863 | |||
| Professional Fees | 2,814 | 2,814 | 1,440 | |||
| Bank Charges | 247 | 247 | 533 | |||
| Insurance | 192 | 192 | 190 | |||
| IT | 450 | 450 | 130 | |||
| **Sub total ** | 31,120 | 31,120 | 109,727 | |||
| A4 Asset and investment purchases, (see table) |
||||||
| - | - - - |
- | ||||
| - | - | |||||
| **Sub total ** | - | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | 31,120 | 109,727 | ||||
| - 1,155 | - | - | - 1,155 | - 25,360 | ||
| - | - | - - |
- | - | ||
| 2,439 | - | 2,439 | 27,799 | |||
| 1,284 | - | - | 1,284 | 2,439 |
CCXX R1 accounts (SS)
30/03/2022
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Not Applicable Details Total cash funds (agree balances with receipts and payments account(s)) Not Applicable Bank Balance Details Details Not Applicable Details Not Applicable Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 1,284 - - - - - 1,284 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
CCXX R2 accounts (SS)
30/03/2022
2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of The Escape Charity On accounts for the year 31[st] May 2021 Charity no 1162810 ended (if any) Set out on pages 2 PAGES
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2021.
Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with 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 The charity’s gross income does not exceed £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of The Association of Accounting Technicians .
I have completed my examination. Apart from consistent accountability, I confirm that the only matters that have come to my attention are as that disclosed below, in connection with the examination which gives me cause to believe that in, any material respect:
I have 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: Date: 30[th] March 2022 Name: Janet Johnson – Educational Finance Solutions Ltd MAAT Relevant professional qualification(s) or body (if any): Address: 31 Hamilton Crescent Palmers Green, London, N13 5LN
October 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here details of any items that the examiner wishes to disclose .
Still with the end of the Covid restrictions and ensuring the information below to enable consistency as mentioned below.
The advice to the charity is to create some consistency in the accounting and book—keeping administration. The basics will be in invoicing keeping on a weekly or monthly basis. Regular cash reconciliation for money transfer.
As the building project is ongoing for the foreseeable future, tighter regulation is needed to track all monies.
There will need to be some look at checking with the charity for the long-term vision for the building project and how that will be accounted for in the financial statements going forward.
October 2018
2
IER