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
K￿tter1eY 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 pres￿1 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 Oth￿1ng 88 8pecl
8bo¥e. The tru8te88 conf¢Tm thot lh• annud Report arnl tho *tOrn￿ of the CIO
cornpty ￿th th• uptt>dats 81atirtory rwlutr*m￿ts. th• rnquIr￿Wnts of tho Chartty8
Constltutlon and the pfovi85)n$ ofthè Statement ol Rgcommgrhknj P￿1*¢ {SORPI
'ALcountlng and Reportlng by Chafrties" issuod 2015.
Th• BO￿￿ ofTru8tow contlnu•d with to gubj •nd gua￿ th• ￿j￿1￿{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 k*t their kTrMd ones rnention￿ ty not.
The FMryTamm•J thg Chwty has idenlifi•d oThJ wtsti88 to Contin￿ to promot8 includ8,'
Sexu818r*J 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 R￿tion. CMm8ts ch8ngo
Board vl8he8 to contfjnu• to b• pffjmot•d th08• that mlgtrrt ￿ Identw h•reof.
Th18 finenc181 y881 has b••n p*trularfy dlllkull kn t•mi$ of fundlna 8nd not much gthity
ha8 fvndod. We thank membevs wtto haw be￿ abkn to m&*e donatoon￿&￿￿¢1l￿4O
to sustakn the org8nls•llon and T4￿U￿1 Mk• mort to voluntoor contdl)ullon8
golnu fonM#rd.
Th• Chalman wl8ho8 lo moke It krthvn th•t h¥ *iH I￿t b• In othr to
allow fre8h tslents ond othw w4ryng tvu#t•88 Ththo *ill b8 to ftKlh•r t￿ s9￿dI of
th• organiqatkn.
Th8 Board of TnMto08 w￿¥ to thonk SU tho ChvW8 81AkohO￿ for th￿r ¢onllnu
supporL

ITESO WELFARE ASSOCIATKIN (TIIA)
RoPOrtolth• Tn*to
forth• y•*r ondad 31 PA•￿ 2023
The Trustees have revlewed Ihe re8eNes and Ll syudent to keep wjnicknt feserve8, not
Invested In tangl￿0 a88ets ￿ unrestri￿. lo enat48 lito meet its ￿TTen1 as dw.
Thi$ wll te kept as M mlntrnm regeThe n the dwlty5 &o>Jnts 4NJ*il be mltr*8d anftual￿.
8ttht•m•nt alTnJ•t•w' Th•pon￿bIllI•*
Tho Ch*ritS88 Ac* r4quir•¢ lh& 8o¥d ofTwst••i lo pr•pw• ffft4Trial SlatEM￿ for eF£h fin8ndal
yèarwhth glve a aT¥J ofthe 81*8 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 *l*tOM￿ th• b￿rd
tgqUiTed to-:
Ihe charbty will coftlTW• th tthln•88.
r•a¥ona￿e aoturncy ai any lkne llnanclBI p)sltsM oftho thwlty suffity•nt to •h¢
And the Charff8 tr4nsK4kn¥ Ihom to •n#ur• Ih• fir*thSal th￿rner￿ Com￿y￿1¢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
Indo￿ndont Examln•rf• Roport to th• TnMlw• ofth• Chrty
forthe y•ar •nded 31 IAarch 2023
Ind•p•nd•nt St*t•m•rt rnport and oplnion
Subject to Ihe hmts1*￿S upon the Se￿ of my as d*lbJ 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 RegLblat￿8I the accounts of thm Ir￿or￿>￿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 exam1￿lIOn carried tsut undor
1g¢¥on 145 of the Act and in accordanco ony dI￿tiOnS 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 ¢<¥n￿Y wlth tt
accounting requirements of 8o¢tlon 396 of tho Act2￿6 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 A*￿￿nI 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 a￿Trts to b• rnaehad.
Yaw Nuoma
Nuama & Co Ltd
1￿2 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 •Xp￿d•d
Charitsble eX￿d￿re
A￿ountan¢Y f••8
B¥nk thar
2.7&8
8.141
450
Dep￿I•l￿n •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 g￿8 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 ar￿U￿t
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 %￿rd￿ne& 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 sp￿￿91 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• tr￿t￿8 ¢)n 22 I￿Y 1123
8lgn•d on Its bohalf by:
Ch*d•• 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 CO￿Ste￿Y thrws*wi Il*yeararwJ 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 Char￿e$ prepariTrJ accounts in acctydll￿e the Fin￿¢1￿1 Rep(xting
$1ondord in fv UK •nd tho Re* ol lrnJ*)d IFRS 1021 off*iw• 1 Jsnu•ry 2015, •nd th•
1.2 Cthllow
The charity ho% tsken So￿￿nt￿ 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•
Uncondition￿ond￿j lo the gr
1A exp•ndltyrn
Exrendlur¢ An • Iitffj IB hb>Jrrwl &p&JJtknr• kKlud•• ony VAT *thl¢h
tr•(lffj forfun*48thg Purp>￿ tha charltyè 8hop.
4ndlrKtn4￿r¥ r*L*SSWy 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
Inte￿t rethv&
Memt¢rship feo
1307
145
145
At 31 Maych 2022
Pl•nt•nd
Totsl
o•t
At 1 WI 2022
At 31 kl*reh 2￿8
213
213
At 1 A￿1 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 year￿ded 31 March JJ23
Incofftlng MOUff*8
Int•r•*l
14S
827
Wurt•ry •upwi
Trnwl and •¢1
¢o•t•
1.Lb)I
1r8