Annual Report of the Trustees of One World Aid (OWA) from 1st April 2024 to 31st March 2025
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;
- Our work in Nigeria and Uganda was continued.
Achievements
The major achievement for the year
-
Visit to Nigeria to support the poor.
-
Work in Uganda continued.
Financial Review
The principal source of income has been from donations in the UK. The total income for the year was £50 and expenditure was £0. There have been ongoing financial issues regarding Barclays Bank, who closed our account and have failed to transfer the funds to the new Bank. The Trustees consider that the financial position is unacceptable and are still fighting to resolve as soon as possible.
Future
The Charity hopes to continue to build on the current activities but has been hampered by issues with the bank it used. This has still not been resolved although a new bank account is now open and functioning.
Due to illness, the management of the charity will be transferred to a new team.
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 2025
| 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 |
2024/2025 2023/2024 £ £ £ £ General Restricted General Restricted - £ - £ - £ - £ - £ - £ - £ - £ 50.00 £ - £ - £ - £ - £ - £ - £ - £ |
|---|---|
| 50.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ 490.00 £ - £ - £ - £ - £ - £ |
|
| - £ - £ 490.00 £ - £ - £ - £ - £ - £ - £ - £ 3.89 £ - £ - £ - £ 60.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ |
|
| 50.00 £ - £ 553.89 £ - £ |
|
| 2024/2025 2023/2024 £ £ £ £ General Restricted General Restricted - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ |
|
| - £ - £ - £ - £ |
|
| - - - - 50.00 £ - £ 553.89 £ - £ 1,161.89 £ - £ 608.00 £ - £ |
|
| 1,211.89 £ - £ 1,161.89 £ - £ |