## **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
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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|