Trustees. Annual Report for the period Peric#J end date 2020 To Section A Reference and administration details G12 Other names Charity is known by NIA Registered Charity number (rf any) 1165270 Charitys principal address 27 LarwJdon Avenue Aylesbury HP219UW Names of the charity tntstees who manage the charity Trustee naffle Offi¢¢ frfany) Name of person lor body) •ntiUed Adewale Adekola Convener Timothy Olufosoye Richard Soloye Wilfred Achom Trustee Trustee Tntstee Tunji Bademosi Trustee 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for the charlty. rf any. Ifor examp, any custodian trustees) Name Dates acted rf not for whole TAR March 2012
Names and addresses of advisets (Optional information) of adviser Name Address Name of chief executive or names of senior staff members (Optional Inforniation) Section B Structure, governance and management Description of the charitys trusts G12FoundattonModelConstitution Type of goveming dowment How the charity is consbtuted cio Trustee selection methods Appointed Additional governance issues (Optional infomiation) You may choose to include dditional infomTrtion, where - relevant, about: policies and procedures adopted for the induction and training of tNstees", the charity's organisational structure and any wider neOrk with which the tharity works.. lationship with any related parties., trustees, consideration of major risks and the system and procedures to manage them. Section C Ob"ectives and activities The relief of poverty amongst children in the Ibadan region of Nigeria by maintaining and supporting Ofphanages, and supporting a child Sponsorship scheme. Summary ofthe objects ofthe ¢harity set out in its governing do¢ument TAR March 2012
The organisa*"on continues to sponsor Praise Bamidele a primary school student who is resident in ann orphanage in Ibadan by paying for his upkeep, food and dothing at the orphanage and also sponsoring him through private school education in Ibadan, Oyo state NigerFa. We continue to seek opportunities to help others but are limited to our current trustee only funding for now. Summary ofthe main activities undertaken for the public benefrt in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance Issued by the Charity Commtsslon on public benefit) Additlonal details of obiectsves and activities {Optional irrformation) You may Ghoose to include further statements, where relevant, about: policy on grantmaking; policy programme related investment., contribution made by volurrteers. TAR March 2012
Section D Achievements and p.erformance Summary of maln achievements of the ¢harity during the year The continutsd sponsorship Praise Bamidele e5Urn9 there is no break in his education, upkeep and rna1ntenan. TAR MaTch 2012
Section E Financial review We Currently do not have any spectfic policy but ensure that we have adequate funding to meet our current obligations through trust donations Brief statement of the charity's policy on reseNes Details of any funds materially In deficit Further financial review details (Opttonal Infomiation) You may choose to indude additional InfonatiOn, where relevant about: the charity's prinapal SoUrS of funds (induding any fundraising)- how expenditure has supported the key objectives of the charity" investment policy and objectives including any ethical investment policy adopted. I Section F Other optional information Section G Declaration The trustees de¢lar6 that they ha¥e approved the trustees, report above. Signed on b•half of the charity's trustees Slgnature(s) Full name(s) Position (eg Secretary. Chair, Adewale Adekola Timothy 01 soye Convener l£r 4•21 TAR March 2012
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Praise Sponsorship Ac
Funds
Date Source £ $ N Notes Date Purpose
2018/2019 Carried Over fund £1,108.58 641262.00
Sept/Oct Feeding
Trustee 1 £240 Nov/Dec Feeding
Trustee 2 Jan/Feb Feeding
£120
Trustee 3 Mar/Apr Feeding
£120
Trustee 4 May/Jun Feeding
£120
Trustee 5 Jul/Aug Feeding
£120
Trustee 6 £525 1st Term Fees
School
Trustee 7
£120 Feeding/Stationary
Trustee 8 £240
Trustee 9 2nd Term Fees
£120
Trustee 10
Trustee 11 £120
Trustee 12 3rd Term Fees
Total 2953.58 641262.00
Grand Total
Balance to Carry Over (£) 2953.58
Balance to Carry Over (N) 208312.00
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ccount 2019/2020
Spend Currency Conversion
Naira Notes Date £ $ Rate Naira Notes
41900.00
41900.00
41900.00
41900.00
41900.00
41900.00
60,000
46,550
75000.00
NO FEES - COVID
432950.00 0.00 0.00
641262.00
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