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← Heritage Of Grace Outreach

2023-04-30-accounts

Trustees’ Annual Report for the period

From 01/05/2022 Period start date To 30/04/2023 Period end date

Charity name: Heritage Of Grace Outreach

Charity registration number: 1169573

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 Raising Volunteers and Sponsors
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Creating awareness to support the orphans
and the Vulnerable Children.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Trustees have adhered to the guidance of
the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Raising Volunteers and support network for
Fundraising @ the British 10K event (Asics
London 10k –July 2022) Creating social media
awareness to highlight the pleat of Orphans
and vulnerable children.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity had a balance of £20,732 at the
end of the financial year.
Statement explaining the
policy for holding reserves
statingwhytheyare held		 Para 1.22 The charity does not have a rigid and
intentional policy of holding reserves as our
operations are relative small
Amount of reserves held Para 1.22 Not applicable.
Reasons for holding zero
reserves		 Para 1.22 Not applicable.
Details of fund materially in
deficit		 Para 1.24 Not applicable.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 Not applicable.
Additional information (optional)
You may choose to include further statements		 Additional information (optional)
You may choose to include further statements		 where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Other name the charity uses Registered charity number Charity’s principal address

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)

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Aderonke Akerele

Chair
31/05/2024
31/05/2024
Heritage of Grace Outreach Heritage of Grace Outreach Heritage of Grace Outreach Heritage of Grace Outreach Charity No Charity No 1169573 1169573
Company No 8494696
Annual accounts for the period
From Period
start
date		 01/05/2022 To Period end
date		 30/04/2023
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
Total
S07
Resources expended (Note 6)
Expenditure on:
Raising funds
S08
Charitable activities
S09
Separate material item of
expense
S10
Other
S11
Total
S12
Net income/(expenditure) before
investment gains/(losses)
S13
Net gains/(losses) on
investments
S14
Net income/(expenditure)
S15
Extraordinary items
S16
Transfers between funds
S17
Other recognised gains/(losses):
Gains and losses on revaluation of fixed
assets for the charity’s own use
S18
Other gains/(losses)
S19
Net movement in funds
S20		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior
year
funds
£
£
£
£
£
F01
F02
F03
F04
F05
37,102 - - 37,102 63,813
- - - - -
- - - - -
- - - -
- - - - -
- -
-
-		 -
37.102 -
-
37,102		 63,813
- - - - -
29,259 - - 29,259 62,000
- - - - -
893 -
-
893		 1,911
30,152 -
-
30,153		 63,911
8,150 - - 8,150 1,027
-
- - - - -
8,150 - - 8,150
1,027
- - - - -
- - - - -
- - - - -
- -
-		 - -
8,150 -
-		 8,150
1,027
Reconciliation of funds:
Total funds brought forward
S21
Total funds carried forward
S22
- -
-		 - -
8,150 -
-		 8,150 1,027

Section B Balance sheet

Guida
Fixed assets
Intangible assets
(Note 15)
B01
Tangible assets
(Note 14)
B02
Heritage assets
(Note 16)
B03
Investments
(Note 17)
B04
Total fixed assets
B05
Current assets
Stocks
(Note 18)
B06
Debtors
(Note 19)
B07
Investments
(Note 17.4)
B08
Cash at bank and in hand
(Note 24)
B09
Total current assets
B10
Creditors: amounts falling
due within one year
(Note 20)
B11
Net current
assets/(liabilities)
B12
Total assets less current
liabilities
B13
Creditors: amounts falling
due after one year
(Note 20)
B14
Provisions for liabilities
B15
Total net assets or
liabilities
B16
Funds of the Charity
Endowment funds (Note 27)
B17
Restricted income funds
(Note 27)
B18
Unrestricted funds
B19
Revaluation reserve
B20
Total funds
B21		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05
- - - - -
- - - - -
- - - - -
- - - - -
-
-		 - - -
- - - - -
- - - - -
- - - - -
20,732 - - 20,732 12,582
20,732 - - 20,732 12,582
- - - - -
20,732 - - 20,732 12,582
20,732 - - 20,732 12,582
- - - - -
- - - - -
20,732 - - 20,732 12,582
- - -
- - -
- - -
-
-
-		 - - -
Signed by one or two trustees
on behalf of all the trustees		 Signature Print Name Date of
approval
dd/mm/yyyy

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Heritage of Grace Outreach members of

On accounts for the year April 30 2023 Charity no 1169573 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of 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 examiner's statement

[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

----- Start of picture text -----
Signed: Date:
Name:
Relevant professional
qualification(s) or body (if
any):
Address:
----- End of picture text -----

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .