Trustees’ Annual Report for the period
From 6/1/2021 Period start date T0: 31/12/2021 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 CONTINUED WITH ITS PROJECT TALKING POINTWHICH PROVIDED MUCH NEEDED CONVERSATION AND SOCIAL CONTACT FOR ELDERLY PEOPLE WITH DEMENTIA HOWEVER. THIS HAS BEEN VERY LIMITED DUE TO GRADUAL RETURN TO NORMALISM FROM LOCKDOWN AND THE COVID – 19 AND ACCESS TO FUNDING TO EXPAND AND FOOT THIS |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | IN PLANNING ACTIVITIES THE FOUNDATION, THE TRUSTEES TAKE INTO CONSIDERATION THE CHARITY COMMISSION'S GENERAL GUIDANCE ON PUBLIC BENEFIT AND, IN PARTICULAR, ITS SUPPLEMENTARY GUIDANCE ON CHARITIES<br>WORKING INTERNATIONALLY. |
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 | UNFORTUNATELY, DUE TO THE COVID 19 SITUATION WE COULD NOT BUILD ON THE ACHIEVEMENTS AS WE HAVE HOPED. WE HAVE HOWEVER SLOWLY PACED EASE AND RESUME INTO OUR PROJECT; TALKING POINT AS CHANGES IN GOVERNMENT POLICY ALLOWS |
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 theperiod |
Para 1.21 | Income: £87.50 Expenditure: £1109.59 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 LEVEL WHICH EQUALS APPROXIMATELY 12 MONTHS OF UNRESTRICTED EXPENDITURE. |
| 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:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 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 Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties 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 (if any) |
|---|---|---|---|---|
| MS FOLSADE 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 |
||
| 28/10/2022 | ||
| 28/10/2022 |
AKONOBEA FOUNDATION 1171023
Receipts and payments accounts
Period start date Period end date To 1/1/2021 12/31/2021
For the period from
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
Total funds
to the nearest £
to the nearest £
to the nearest £ to the nearest £
A1 Receipts
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Donation 88 - - 88
- -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
88 - - 88
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 88 - - 88
A3 Payments
Direct Project Purchases - 237 - 237
Travel - 290 - 290
Refreshments - 60 - 60
Publicity - - - -
IT Costs 186 - - 186
Training/Development 98 - - 98
Accountancy 240 - - 240
- - - -
- - - -
Sub total [ 523 ] 587 - 1,110
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 523 587 - 1,110
Net of receipts/(payments) - 435 - 587 - - 1,022
A5 Transfers between funds 435 - 435 - -
A6 Cash funds last year end - 5,357 - 5,357
Cash funds this year end - 0 4,335 - 4,335
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Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||
| B1 Cash funds | Total cash funds | to nearest £ - - - - |
to nearest £ 4,335 - - 4,335 |
||
| (agree | balances with receipts and payments account(s)) |
OK | OK | ||
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
||
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
||
| charity’s own use | - - - - - - - - |
||||
| B5 Liabilities | Details | Fund to which liability relates |
- - - - - Amount due (optional) |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | |||
| Submitted | electronically | Ms Marian Taylor |
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CC16a
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Last year
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to the nearest £
-
-
167 228 - - 160 - 200 - - 755
755 - 755 - 6,112 5,357
Endowment funds
to nearest £ - - - -
OK
Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional)
When due (optional) Date of approval 10/28/2022