OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-05-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
01 June 2022 31 May 2023

Section A Reference and administration details

Charity name

The Escape Charity

Other names charity is known by

Registered charity number (if any) 1162810

Charity's principal address 21 Holbeck Lane Cheshunt Hertfordshire EN7 6QH

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
JennyIrish
MayOduah
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year

March 2012

TAR

1

Names and addresses of advisers (Optional information)

Type of adviser Name
Address
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Constitution adopted in July 2015 (eg. trust deed, constitution) How the charity is constituted Charitable Incorporated Organisation (eg. trust, association, company) Trustee selection methods Appointed by Trustees at an Annual General (eg. appointed by, elected by) Meeting

Additional governance issues (Optional information)

You may choose to include There is a safeguarding and risk management additional information, where policy in place. relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

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.

March 2012

TAR

2

In planning our activities this year, we kept in mind the Charity commissions guidance on public benefit

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

  1. We successfully provided subject tuition for secondary school students.

  2. We continued providing scholarships for University students in Eastern Nigeria

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

A great contribution has been made by our two volunteers in England who helped with tutoring students in the library and our volunteer in Nigeria who supported us with advice and organisation of the Scholarship scheme in Nigeria. Their energy, commitment and expertise enabled us make the progress we have in this our first year.

Section D Achievements and performance

March 2012

TAR

3

Section D Achievements and performance

Summary of the main The charity increased the number of scholarship students to fourteen. achievements of the charity during the year

Section E Financial review

March 2012

TAR

4

All income received is kept in our bank to be used Brief statement of the for student scholarships. Our policy is to keep charity’s policy on reserves two-thirds of the total amount committed to school fees in the current year in reserves at the end of each year. The amount is decided at the annual general meeting based on the amount committed for school fees in the current year. This is to ensure we fulfil our commitment to the students Details of any funds materially in deficit Not Applicable

Further financial review details (Optional information)

Section F Other optional information

Section G Declaration

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,etc)[Chair]

March 2012

TAR

5

Date 1210812024 TAR Maich 2012

The Escape Charity

Charity Name
The Escape Charity

Charity Name
The Escape Charity

Charity Name
1162810
No (if any)
1162810
No (if any)
CC16a
For the period
from
1st June 2022
Period start date
To 31st May 2023
Period end date
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
98,327
120
-
-
-
-
-
-
98,447
-
-
-
98,447
79,887
4,944
232
2,160
2,499
132
2,955
234
93,043
-
-
-
93,043
5,404
-
22,113
27,517
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
98,327
120
-
-
-
-
-
-
98,447
-
-
-
98,447
79,887
4,944
232
2,160
2,499
132
2,955
234
-
93,043
-
-
-
93,043

5,404
Last year
to the nearest £
Sales 98,327 -
-
-
-
-
-
-
-
-
98,327 54,876
Donations 120 120 790
- - -
- - -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)
98,447 98,447 55,665
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 98,447 55,665
Wages 79,887 -
-
-
-
-
-
-
-
-
-
79,887 30,965
HMRC 4,944 4,944 1,463
Telephone 232 232 596
Professional Fees 2,160 2,160 1,698
Website Expenses 2,499 2,499 -
Bank Charges 132 132 114
General Expenses 2,955 2,955
Payroll Expenses 234 234
- -
**Sub total ** 93,043 93,043 34,836
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
- 93,043 34,836
5,404 - -
5,404
20,829
- - -
-
- -
22,113 - 22,113 1,284
27,517 - - 27,517 22,113

CCXX R1 accounts (SS)

05/04/2024

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
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Not Applicable
Details
Details
Not Applicable
Bank Balance
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Not Applicable
Details
Not Applicable
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
27,517
-
-
-
-
-
27,517
-
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)

05/04/2024

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 2023 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 31/05/2022.

Responsibilities and As the charity trustee, 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 disclosed below, in connection with the examination, which gives me cause to believe that in any material respect:

I have no other matters concerning the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Signed: Date: 31[st] March 2024 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

1

October 2018

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 .

The advice to the charity is to keep improving the consistency in the accounting and bookkeeping administration so that pieces of information and transactions are easily explained.

The basics will be in invoicing, keeping weekly or monthly—regular cash reconciliation for money transfers. Also, reconcile the payroll with payment so that discrepancies are adhered to at the time of payment.

2

October 2018

IER