Trustees’ Annual Report for the period
From 1/1/2024 Period start date T0: 31/12/2024 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-POINT(BUT ON VERY VERY LIMITED SCALE) WHICH PROVIDED MUCH NEEDED CONVERSATION AND SOCIAL CONTACT FOR ELDERLY PEOPLE WITH DEMENTIA, TO CARERS OF THOSE AFFECTED BY DEMENTIA AND EDUCATION OF WIDESPREAD AUDIENCE. THIS HAS BEEN VERY SLOWED PACED DUE TO LIMITED RESOURCES AND THE CHALLENGES THAT COVID 19 CASTED ALONG OUR PATHS. IN ADDITION ACCESS TO FUNDING REQUIRED TO FOOT AND EXPAND THIS GOOD COURSE AND OTHER OPPORTUNITIES HAVE BEEN EXCEPTIONALLY DIFFICULT. |
| 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 FOR THE FOUNDATION, THE TRUSTEES TAKE INTO CONSIDERATION THE CHARITY COMMISSION'S GENERAL GUIDANCE ON PUBLIC BENEFIT AND, IN PARTICULAR, ITS SUPPLEMENTARY GUIDANCE ON CHARITIES WORKING INTERNATIONALLY. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| 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 | DESPITE THE CHALLENGES FACED IN THE YEAR OF REVIEW, WE WERE ALBE TO SLOWLY CONTINUE WITH OUR PROJECT; TALKING POINT, SOME RESIDENTIAL HOME VISITS, TRAINING, AWARENESS PROMOTION, OFFERED SUPPORT AND PROVIDED INFORMATION WHERE NECESSARY AND IN LINE WITH WHERE 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 the period |
Para 1.21 | Income: £3.18 Expenditure: £163.56 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 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 | 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 (if any) |
|---|---|---|---|---|
| MS MARIAN TAYLOR |
CHAIR | |||
| MS FOLSADE TEMITOPE ADEBANJO |
||||
| 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
Dates acted if not for whole year
Trustee name
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) Submitted electronically Full name(s) MS MARIAN TAYLOR Position (eg CHAIR Secretary, Chair, etc)
Date 30/10/2025
AKONOBEA FOUNDATION 1171023 CHARITY COMMISSION
| Receipts and payments accounts | Receipts and payments accounts | Receipts and payments accounts | Receipts and payments accounts | Receipts and payments accounts | Receipts and payments accounts | CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
Period start date To 1/1/2024 |
Period end date 12/31/2024 |
|||||
| Section A Receipts and payments | |||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | |||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | ||
| A1 Receipts | |||||||
| Donation | 3 | 3 | 3 | 293 | |||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Sub total(Gross income for AR) | 3 (Gross income for AR) |
3 | 3 | 293 | |||
| A2 Asset and investment sales, | |||||||
| (see table). | |||||||
| - | |||||||
| Sub total | - | ||||||
| Total receipts 3 | 3 | 3 | 3 | 293 | |||
| A3 Payments | |||||||
| Direct Project Purchases | 36 | 36 | 36 | 445 | |||
| Travel | 45 | 45 | 45 | 601 | |||
| Refreshments | 5 | 5 | 5 | 5 | 112 | ||
| Publicity | - | 81 | |||||
| IT Costs | 57 | 57 | 57 | 206 | |||
| Training/Development | 55 | 55 | 55 | 291 | |||
| Accountancy | 55 | 55 | 55 | 327 | |||
| **Sub total ** | 167 | 167 | 86 | 86 | 253 | 2,063 | |
| A4 Asset and investment | |||||||
| purchases, (see table) | |||||||
| Sub total 167 | 167 | 167 | 86 | 86 | |||
| Total payments 167 | 167 | 167 | 86 | 86 | 253 | 1,771 | |
| **Net of receipts/(payments) ** | - 164 | - 164 | - 86 | - 86 | 249 | 1,771 | |
| A5 Transfers between funds | 164 | 164 | - 164 | - 164 | - | ||
| A6 Cash funds last year end | - | 904 | 904 | 904 | 2,675 | ||
| Cash funds this year end - | - | 655 | 655 | 655 | 904 |
Section B Statement of assets and liabilities at the end of the period
Categories
Endowment funds to nearest £
B1 Cash funds
655 -
-
-
655 -
| OK | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||
| funds | funds | funds | ||
| Details | to nearest £ | to nearest £ | to nearest £ | |
| B2 Other monetary assets | - | - | - | |
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|
| B3 Investment assets | - | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|
| B4 Assets retained for the | - | - | ||
| charity’s own use | - | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Fund to which | Amount due | When due | ||
| Details | liability relates | (optional) | (optional) | |
| B5 Liabilities | - | |||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval |
|
| Submitted electronically | Ms Marian Taylor | 10/30/2025 |