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2021-02-15-accounts

Trustees' Annual Report for the period

Period start date Period end date From To 01 March 2020 28 February 2021

Section A Reference and administration details

Charity name Association of Ibadan Indigenes (AII), Manchester UK

Other names charity is known by Registered charity number (if any) 1166867

Charity's principal address 305 Moston Lane

Moston Manchester Postcode M40 9NL

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not
for whole year
Name of person (or body) entitled
to appoint trustee (ifany)
Dr Olaide Yaqeen Raji Chairperson Members of the charity
Mr Arise Abiola Secretary, BoT Members of the charity
Mr Shakiru Gbolahan Members of the charity
Mrs Abass Olajumoke Members of the charity

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

Mr Oyebamiji B A (Chief Executive Officer)

Mr Teejay Abiola (Finance Officer)

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Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

How the charity is constituted

Association

Elected from membership by registered Members Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Working in partnership with Central Council of Ibadan Indigenes, a voluntary organisation based in Ibadan, Nigeria.

Section C Objectives and activities

Objects

  1. The prevention or relief of poverty or financial hardship anywhere in the world in particular but not limited to the city of Ibadan, Oyo State in Nigeria by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

  2. The promotion of racial harmony for the public benefit in Manchester and its environs by:

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

Year Targets:

  1. Organise regular educative trainings and workshops for members and the general public

  2. Participate at the annual Ibadan day

  3. Devise plan to raise fund for the charity

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----- Start of picture text -----
No activity was undertaken due to Covid.
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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)

Additional details of objectives and activities (Optional information)

The charity is run through donation from members as the main source of finance. Also, members act as volunteers in all organised events and also volunteer for the day to day administrative work; this volunteering thus help to minimise the charity expenses.

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

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Section D Achievements and performance

Summary of the main No activity takes place during this period due to Covid-19 pandemic. achievements of the charity However, the charity lost two of its members, donors and trustees to during the year covid-19 infection.

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Section E Financial review

Brief statement of the charity’s policy on reserves

The target range of reserves for the year 2019/2020 is £1,000.00. However, since limited income was realised during the period the accumulated reserves by February 2021 remains £10,000.

The charity holds reserves mainly for:

  1. deposit for the purchase of a building to be used as the ‘charity house’

  2. funding short-term deficits in cash flow and budget for any specific projects to be undertaken during the year

Details of any funds materially in deficit

NA

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

NA

Section F Other optional information

NA

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Olaide Yaqeen Raji Full name(s) Oyebamiji B A Position (eg Secretary, Chief Executive Officer Chairman, BoT Chair, etc) Date 4 April 2022

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----- Start of picture text -----
Association of Ibadan Indigenes (A.I.I),
1166867
Manchester UK
Annual accounts for the period
Period end
Period start date Mar-20 To Feb-21
date
----- End of picture text -----

Section A Statement of financial activities

Recommended categories by
activity
Guidance Notes
Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
Resources expended (Note 6)
Expenditure on:
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
Extraordinary items
S16
S17
S18
Other gains/(losses)
S19
S20
Reconciliation of funds:
S21
S22
1
Total
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before investment
gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
F01
F02
F03
F04
F05
1,110
-
-
1,110
6,255
-
-
-
-
1,500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,110
-
-
1,110
7,755
500
-
-
500
130
7,142
-
-
7,142
7,626
-
-
-
-
620
-
-
-
-
-
7,642
-
-
7,642
8,376
6,532
-
-
-
6,532
-
621
-
-
-
-
-
-
6,532
-
-
-
6,532
-
621
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6,532
-
-
-
6,532
-
621
-
20,877
-
-
20,877
21,498
14,345
-
-
14,345
20,877

Section B Balance sheet

Fixed assets
Intangible assets (Note 15)
Tangible assets (Note 14)
Heritage assets (Note 16)
Investments (Note 17)
Total fixed assets
Current assets
Stocks (Note 18)
Debtors (Note 19)
Investments (Note 17.4)
Cash at bank and in hand (Note 24)
Total current assets
Creditors:amounts falling due within
one year (Note 20)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors:amounts falling due after
one year (Note 20)
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds (Note 27)
Restricted income funds(Note 27)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees
Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10

B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21
Unrestricted
funds
£
F01
600
-
-
-

Restricted
income
funds
£
F02
-
-
-
-
Endowment
funds
Total this
year
£
£
F03
F04
- 600
- -
- -
- -
Total last
year
£
F05
600
-
-
-
600 - - 600 600
-
-
-
14,345
-
-
-
-
- -
- -
- -
- 14,345
-
-
-
20,877
14,345 - - 14,345 20,877
-
- - - -
14,345 - - 14,345 20,877
14,945 - -14,945 21,477
-
-
-
-
-
-
- -
- -
14,945 - -
14,945
21,477
-
14,345
- -
-
- 14,345
-
-
-
20,877
14,345 - - 14,345 20,877
Signature Mr Oyebamiji B.A
Dr Olaide Y Raji
Print Name
Date of
approval
dd/mm/yyyy
01/04/2022
04/04/2022

CC17a (Excel)

02/04/2022

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