Trustees’ Annual Report for the period
From : 01/01/2020 Period start date To : 31/12/2020 Period end date
Charity name: AKONOBEA FOUNDATION
Charity registration number: 1171023
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | THE ADVANCEMENT OF HEALTH FOR PEOPLE WITH MENTAL HEALTH CONDITIONS INCLUDING THE ELDERLY WHO HAVE DEMENTIA, OR DEMENTIA- LIKE SYMPTOMS PARTICULARLY BY RAISING AWARENESS AND DISSEMINATING ADVICE ABOUT THE DISEASE AND PROVIDING ACTIVITIES AND SUPPORT IN THE LOCAL COMMUNITY. THE ADVANCEMENT OF EDUCATION , EMPLOYMENT AND TRAINING FOR THE UNEMPLOYED AND VULNERABLE ADULTS AND YOUNG PEOPLE. |
| 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 |
DURING THE YEAR UNDER REVIEW THE CHARITY WANTED TO MOVE FORWARD IT`STALKING POINT PROJECT BUT WAS SEVERLY RESTRICTED DUE TO THE COVID 19 SITUATION. . |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | IN PLANNING THE ACTIVITIES THE FOUNDATION, THE TRUSTEES TAKE INTO CONSIDERATION THE CHARITY COMMISSION'SGENERAL GUIDANCE ON PUBLIC BENEFIT AND, IN PARTICULAR, ITS SUPPLEMENTARY GUIDANCEON CHARITIES WORKING<br>INTERNATIONALLY. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policyongrant making | Para 1.38 | |
| Para 1.38 |
| Policy on social investment including program related investment |
||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | |
| 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 | UNFORTUNATELY, DUE TO THE COVID 19 SITUATION WE COULD NOT BUILD ON THE ACHIEVEMENTS OF THE PREVIOIUS YEAR . HOWEVER, WE ARE PREPARING FOR THE CHANGES IN GOVERNMENT POLICY THAT WILL ENABLE US TO RESUME OUR FIRST PROJECT - TALKING POINT. |
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 | Income : £0.00 Expenditure: £755. SEE ANNEXED ACCOUNTS. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | THE TRUSTEES WOULD LIKE TO WORK TOWARDS MAINTAINING UNRESTRICTED FUNDS AT A LEVELWHICHEQUALS APPROXIMATELY 12 MONTHS OF UNRESTRICTEDEXPENDITURE. |
| Amount of reserves held | Para 1.22 | £1,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
ara 1.47 The charity’s principal sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO FOUNDATION MODEL |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CHARITABLE INCORPORATED ORGANISATION |
| 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 | AKONOBEA FOUNDATION |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1171023 |
| Charity’s principal address | HOLLY HOUSE 220-224 NEW LONDON ROAD CHELMSFORD CM2 9AE |
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) |
|---|---|---|---|---|
| MS FOLASADE TEMITOPE ADEBANJO |
||||
| MS MARIAN TAYLOR |
CHAIR | |||
| MS VIDA ANDAM | ||||
– 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)
| Type of | Name | Address |
|---|---|---|
| adviser |
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 |
Submitted electronically | |
|---|---|---|
| MS MARIAN TAYLOR | ||
CHAIR |
||
| 25/10/2021 | ||
| 25/10/2021 |
CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a For the period frorn 0110112020 3111212020 Section A Receipts and payments UnrestriGted funds tothe n•arg$t RestriGted funds Endowment funds Total funds Last year to thÈ nèatsgt£ to thè ttÈèrtst £ to the ne&rÈsL£ to thè nÈ8rtst £ A1 Receipts 10,000 Donabon Sub total(Gross income for AR) 10,024 A2 As$el and Investment $ale$, (see table). Sub total 10,020 A3 Payment5 Dirtcl Pro tct Purchases Travel Refreshments 167.00 228.DO 167 228 1,812 IT Costs Trainin IDev Accountan 16 160 2.000 200 200 Sub total 39S 7SS 3,928 A4 A55et and investment purGha$e$. See table Sub total Totalpayments 360 395 755 3,928 Net ofrecelpts/(payments) AS Transfers between funds A6 Cash funds last year end Cash funds this year end 360 395 755 6,092 360 6,112 5,357 6,112 5,357 20 6,112 Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds Endowment fund5 Categories Details to n8ar8st£ to n8ar8st£ to n8ar8st£ B1 Cash funds Bank 5.357 Totsl ¢ash fvnds 5.357 Iree wilh reGeip15 entS accomrfsl Unrestrictgd fund5 Resthcted funds Endowment funds CCXX R1 8¢counts ISSI 2111012021
Details to n8ar8st£ to n8ar8%t£ to n8ar8St£ 82 Other monetary assets Details Fund lowhh asset b8long5 Cost loptionall Currentvalue Details Fund towhKh as8Ot bolongs Cost loptionall Current value onal B4 Assets retained for the charity's own use Fund to whlch Ilablllty relates Amount due loptSonall When due onal Dgtails Signed by one or trustees on behawof all the Ituslees Signature Date of rov31 Prlnl Name Submitted electronicall Ms Marian Ta lor 2511012021 CCXX R2 8¢counts ISSI 2111012021