Charity numb8r. 1170128 ITESO WELFARE ASSOCIATION (IWA) Trustees, Report and Financial Statements 31 March 2023.
ITESO WELFARE ASSOCIATION (IWA) 1170126 Contsnts Legal and adminfstratfve Informat Truste88 report Independent examiners, report Statement of financial activities Balance sha8t Notes to th8 financial 8talem8nt8 8-10
ITESO WELFARE ASSOCIATION IIWA) Legal and admlnl8tratlv0 Inforniallon Charlty number 1170126 Raglsternd offlco Kemp House 152 Gity Road London EC1V2NX Charles Oluka Annet Agathe Ak8110 Obadlah Emaru Martin Osongor Patricia Iro¢hu Phyliss Egunyu Ktter1eY Wro Chalmian Chalmian Treasurer Secretary Trustse Trustee Trustee Accountsnts Nuama & Co Ltd Chartered Cerbfied A¢¢ountants 102 Mitcham Lane Lond¢)n SW16 6NR 8ank• CAF Bank Ltd 25 lQ'ngs Hlll Avenue Klngs Hill West Malllng ME19 4JQ
rrESO WELFARE ASS¢XIATION {EWAI Report of the Tfusteeg for the yegr onded 31 March 23 Th8 tNstees pres1 their rewt 8rwJ )Inand statemnts the year ended 31 March 2023 The BoaTd of Trusteè$ of It•so Walfwo A880clat (IWA-UK) a Chorfty IrKorporat•d OTganisatKsn {CIOI hereby submils thair annual repJrt forthe yw Oth1ng 88 8pecl 8bo¥e. The tru8te88 conf¢Tm thot lh• annud Report arnl tho tOrn of the CIO cornpty th th• uptt>dats 81atirtory rwlutrmts. th• rnquIrWnts of tho Chartty8 Constltutlon and the pfovi85)n$ ofthè Statement ol Rgcommgrhknj P1¢ {SORPI 'ALcountlng and Reportlng by Chafrties" issuod 2015. Th• BO ofTru8tow contlnu•d with to gubj •nd gua th• j1{lOn amidst hard tlme8 ofthe cost Ilvlng cAsls, soon aftef tho Covid-19 ndern{c. We wholè haartedty Bham tho lo$$ of tho8e who hav? po¥s•d h•re and bxk Iw)me, an(1 con80kn wlth the communtty a whde e8p¢ty•Wy who havo kt their kTrMd ones rnention ty not. The FMryTamm•J thg Chwty has idenlifi•d oThJ wtsti88 to Contin to promot8 includ8,' Sexu818rJ Rèproductbve he•tth, LorwJ t¢m condltions. M•ntal h•#th. Youth and Eklerfy, Gender and inclusion. Car• in the community, V4ldM and wlndow•rn. Educa¢)n. Sklll8 and trainlng Cutture. Histw and herltsge. SpLvls. Arts oThJ Rtion. CMm8ts ch8ngo Board vl8he8 to contfjnu• to b• pffjmot•d th08• that mlgtrrt Identw h•reof. Th18 finenc181 y881 has b••n ptrularfy dlllkull kn t•mi$ of fundlna 8nd not much gthity ha8 fvndod. We thank membevs wtto haw be abkn to m&e donatoon&¢1l4O to sustakn the org8nls•llon and T4U1 Mk• mort to voluntoor contdl)ullon8 golnu fonM#rd. Th• Chalman wl8ho8 lo moke It krthvn th•t h¥ iH It b• In othr to allow fre8h tslents ond othw w4ryng tvu#t•88 Ththo *ill b8 to ftKlh•r t s9dI of th• organiqatkn. Th8 Board of TnMto08 w¥ to thonk SU tho ChvW8 81AkohO for thr ¢onllnu supporL
ITESO WELFARE ASSOCIATKIN (TIIA) RoPOrtolth• Tnto forth• y•r ondad 31 PA• 2023 The Trustees have revlewed Ihe re8eNes and Ll syudent to keep wjnicknt feserve8, not Invested In tangl0 a88ets unrestri. lo enat48 lito meet its TTen1 as dw. Thi$ wll te kept as M mlntrnm regeThe n the dwlty5 &o>Jnts 4NJil be mltr8d anftual. 8ttht•m•nt alTnJ•t•w' Th•ponbIllI• Tho ChritS88 Ac r4quir•¢ lh& 8o¥d ofTwst••i lo pr•pw• ffft4Trial SlatEM for eF£h fin8ndal yèarwhth glve a aT¥J ofthe 818 of th6 ctsity as attho end ofthe fjnaroal y•ar •nd oftho 6 Qr delk41 ofth• th•rfty. In pr•p•rky ItsA• fin•ncW ltOM th• brd tgqUiTed to-: Ihe charbty will coftlTW• th tthln•88. r•a¥onae aoturncy ai any lkne llnanclBI p)sltsM oftho thwlty suffity•nt to •h¢ And the Charff8 tr4nsK4kn¥ Ihom to •n#ur• Ih• firthSal thrner Comy1¢h Ihe Independent •xamkn•T In to th• reFat Is Hfflit lo the TePQrt and gufkng thaL on they ofts roF&rt bkn are kKonthleth 4th th8 fywes sJK4osed In Iha flnondal 8taternenL Th8 reportwas apprrnl by tt oftrth•O on 22 May 2023. l/¢) s/ Zo2q) 110112LsW CIArtes Oluka. Chalmwi
ITESO WELFARE ASSOCIATION IfiiA Indondont Examln•rf• Roport to th• TnMlw• ofth• Chrty forthe y•ar •nded 31 IAarch 2023 Ind•p•nd•nt Stt•m•rt rnport and oplnion Subject to Ihe hmts1S upon the Se of my as dlbJ atthe In my examination, l Gan confwFll that 11 In accordance ReguWM 31 of Tl Chathw (fv£coJnts and Reprxb) regulatsong 2(Y)8 lThe RegLblat8I the accounts of thm Iror>Id th•rty arn not rtyuir•d tv aydrt•d und•r P4rt 16 01 Ihtr Ct)mponk88 Act 20C6,' th19 18 a report in Tesrt ot an exam1lIOn carried tsut undor 1g¢¥on 145 of the Act and in accordanco ony dItiOnS gN¢n by th8 Commi$¥htin undor subs)n(SI(b} of that 8ocUon whkh are applk8bl&.' an¢1 bx mattw has come to my •tten In ¢onnoctiM vth my ¢xamination thich gN•8 m• r•88onth cau to boSev• th•t in any matértal r8sp8Ct th8 requlrements., I to prepaTfj finartckl slatements whth ¢4y¢ llh the aw)unUrwJ rwd$ arbj ¢<¥nY wlth tt accounting requirements of 8o¢tlon 396 of tho Act26 and.. 111 that th• finanelal statements prewred kn xc0rd•e Y4tth th? methc4Js and prlnclpkn Jet out in th• Stat•m•nt ol R•comm•ThJ•d fv£e4untink AnI ty ¢h•rlW hav• not b98n mgt or 2} to 1¢h, In my oplnh)n, attenoon shoukl bo drtr4 In my w ni ordor io enable a prop undgrstandlng of Ihe aTrts to b• rnaehad. Yaw Nuoma Nuama & Co Ltd 12 Mrtcham Lan London SW18 6NR
ITESO WELFARE ASSOCIATION {IWA} Statement of financial a¢tlvltl For the year endod 31 March 2023 2022 In¢om• Volw)tsry Irtt)m• Totsl Incomlng r••ouYe•• 6.527 8.527 3.460 R••ourcM •Xpd•d Charitsble eXdre Aountan¢Y f••8 B¥nk thar 2.7&8 8.141 450 DepI•ln •rnJ Impstrment 23 23 123 133 Total fvnds broughtfcTh?rd 2,B32 Totsl fund• c•rrl•d forward 1955 2,832 The 8tatement of finanThal aGtNlknes indud88 dl g8 8nd1088es In the year and ther8fore a 8ep8rats statement of total recoJni8ed gain8 arKI10gse8 has not baen prepared. All of the above amounts rglato to contFnuiw thitse8.
ITESO WELFARE ASSOCIATION OWA) Reglst•rnd numb•r. Balance Shè•t a• at 31 M•r¢h 2023 1170128 2022 Tangible 8et9 39 62 Curront a••èt• Cash •1 b8nk 8nd hand 3.316 3.170 falllng due wlthln on• (400) {4(NJ) N•t ¢urr•nt a•••l• 2.918 2.770 ¢urr•nl Il•blllU•8 Capltal and r•4•fv•B Profft blfv Profft and1088 arUt 2.781 194 2.986 11331 ShaY•hold•rn' fund• The dlrectors are satlstsd that Ihe company Is enthled to exemptbjn fmm the rwJulrem8nt io obtsln an 8udll The mombw8 have not Igquirèd the company to ¢)btain an audtt In %rdne& with g•ction 476 of thè Act. The diractors acknowledge their resF#)n$ibilitw for comp.nU wrth thè r•quir•m¢nts of the Companie8 A¢1 The accounts have ba•n prepared and delfverfyl in accordance wlth tho sp91 prow8lons appllcable to componié8 $ubJect to th8 small compan188 wime. Tho profft and b$8 account h88 not en dellvered to the Rg91•trgr of Comwh. The flnanclal 8tstsments w•r• approved by th• trt8 ¢)n 22 IY 1123 8lgn•d on Its bohalf by: Chd•• Oluk• Chalmwn
ITESO WELFARE ISSOCIATNJN ffWA) Not•8 to the Ilnancl•l jtatemertts for the year ended 31 Mar¢h 2023 l A¢¢owrtlng polklgj appked COSteY thrwswi IlyeararwJ yew. 1.1 Basls ofwgwdoft The finanTral statemwts oftr ckn8rty. wlith Is • wtAl¢ •nOty urthr FRS 102. b8an prepared accordance wrth the Charits•' SORP IFRS 102) RerxYUrvJ ty Ch8rtss' Ststem8nt of Recommended pr¢t to Chare$ prepariTrJ accounts in acctydlle the Fin¢11 Rep(xting $1ondord in fv UK •nd tho Re ol lrnJ)d IFRS 1021 offiw• 1 Jsnu•ry 2015, •nd th• 1.2 Cthllow The charity ho% tsken Sont c4 FRS1 th• pro(Iw A whfl ststhmort b•xJ4• l l• * #m4 charty. I Income8 ore In Its 8tatsrrnnt Ihe éB to Ih? Irccfft• and cat8Aorie• of Mma. Vduntary kno)me18 received ty wty ofgr¥ts. donslbjno aTha uftd o kndudwj In fvll th• Unconditionondj lo the gr 1A exp•ndltyrn Exrendlur¢ An • Iitffj IB hb>Jrrwl &p&JJtknr• kKlud•• ony VAT thl¢h tr•(lffj forfun48thg Purp> tha charltyè 8hop. 4ndlrKtn4r¥ rLSSWy to 8WFththgm. 1.1 r•nibh ffx•d••• ndd•w•¢l•U
ITESO WELFARE ASSOCIATION (VIIAJ lorth? y•ar •nded 31 Ilarch Z023 2 Inc(¥no 2022 Total Total Intet rethv& Memt¢rship feo 1307 145 145 At 31 Maych 2022 Pl•nt•nd Totsl o•t At 1 WI 2022 At 31 klreh 28 213 213 At 1 A1 2022 Ch•rg• At 31 kl•r¢h 2Q3 151 23 N•tlx>ok v4lu• At 31 Marth 2023 At 1 M•rt 2W12 2022 At 31th12022
Porthe yearded 31 March JJ23 Incofftlng MOUff8 Int•r•l 14S 827 Wurt•ry •upwi Trnwl and •¢1 ¢o•t• 1.Lb)I 1r8