Annual Report of the Trustees of One World Aid (OWA) from 1st April 2022 to 31st March 2023
Charity Name: One World Aid Charity Registered Number; 1168757
Principal Address: Suite 132, Challenge House, 616 Mitcham Road, Croydon, CR0 3AA Trustees: Matthew Afolabi and Peter Wallin (Chairman) Governing Instrument: CIO Trust Deed dated 12th of August 2016 Constitution: CIO Foundation Constitution
Charity Purpose
In accordance with Christian principles, the Object of the CIO is, for the public benefit, the relief of those in need by reason of financial hardship, unemployment, sickness, education and such other economic or social disadvantage, in such parts of the world as the Charity Trustees may from time to time decide.
Main Activities
The activities for the year were focused on the following areas this year;
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We continued our support for the project to improve science education in Uganda, focused on Physics; by training more teachers, running seminars, etc.
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Another visit was made to Nigeria to support the work there
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Development of the women’s work in Nigeria is continuing
Achievements
The major achievement for the year
- Sending a lorry to Nigeria to provide for the poor
Financial Review
The principal source of income has been from donations. The total income for the year was £2,038 and expenditure £4,015. Money accrued from previous years covered the overspend reported for 2022/23. The Trustees consider that the financial position was acceptable.
Future
The Charity hopes to build on the current activities. It is hoped to expand and develop the projects started in Uganda and Nigeria.
Signed on behalf of the Charity’s Trustees
Signature
Full name Peter John Wallin Position Chairperson
ONE WORLD AID
RECEIPTS AND PAYMENTS ACCOUNT FOR THE 12 MONTHS TO 31 MARCH 2023
| INCOME Donations Gift Aided Cash Cheque BACS Standing Orders Donations Non-Gift Aided Cash Cheque BACS Standing Orders Reclaimed Tax via Gift Aid Bank Interest Rebates/Refund Events Wicktrimmers Other Income - Stripe TOTAL INCOME EXPENDITURE Staff Costs Accommodation Activities/events Administration Travel Equipment Grants for Projects Advertising and Publicity Professional Fees Storage charges Shipping Costs Bank charges Training TOTAL EXPENDITURE NET (EXPENDITURE)/INCOME FOR THE YEAR TOTAL CASH AT BANK Brought forward from previous year Carried forward to next year |
2022/2023 2021/2022 £ £ £ £ General Restricted General Restricted - £ - £ - £ - £ - £ - £ - £ - £ 450.00 £ 700.00 £ 250.00 £ 900.00 £ - £ - £ - £ - £ |
|---|---|
| 450.00 £ 700.00 £ 250.00 £ 900.00 £ - £ - £ - £ - £ - £ - £ - £ - £ 888.00 £ - £ 1,475.00 £ - £ - £ - £ - £ - £ |
|
| 888.00 £ - £ 1,475.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 500.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 307.25 £ - £ |
|
| 1,338.00 £ 700.00 £ 2,532.25 £ 900.00 £ |
|
| 2022/2023 2021/2022 £ £ £ £ General Restricted General Restricted - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 188.60 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 3,300.00 £ 700.00 £ 800.00 £ 800.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 15.00 £ - £ 30.00 £ - £ - £ - £ - £ - £ |
|
| 3,315.00 £ 700.00 £ 1,018.60 £ 800.00 £ |
|
| - - - - (1,977) - 1,514 100 2,585 - 1,071 (100) |
|
| 608 - 2,585 - |
Revised carry over