2021-01-01-accounts - Children And Families Empowerment Foundation

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Children and Family Empowerment Foundation

Annual Account and Report

20202021

LEGAL INFORMATION

Name of charity: Children and Families Empowerment Foundation Correspondence : 54 Camberwell Rd, address Camberwell, London SE5 0EW Contact Person : Ms Bilkis Temitope Abioye Charity number : 1171571 Company N0 : CE010267 Management : 2020- 2021 Committee Mr Tobi Falcodi : Chairperson Ms Bilkis Temitope Abioye : Secretary Mr Kayode Bakre : Treasurer Banker : Barclays Bank Plc

Management Committee Report

The management committee of the Children and Families Empowerment Foundation is pleased to present the annual report and accounts for the period ended 2021

The Children and Family Empowerment Foundation is a voluntary organization established on the 10 Feb 2017 to support the need of children, young people and their families in UK. The organisation is a registered charity and a registered company by guarantee.

The organization’s objectives are as follows:

The relief of poverty and the advancement of education and training
The provision of facilities for recreation and leisure time occupation in the interest of social welfare

- Activities for the period 2020 2021

The organization provided advice, information and referral services on education, welfare benefit and housing. The program helped about 23 women make informed choices and improve their life.
The parenting skills activities of the organization benefited 18 local women which enabled them to improve their skills in bringing up their children and improved their relationships with their families.
The organisation employment advice and debt services supported 16 women to improve their employability chances. Nine of them have been able to secure part and full employment.
We have recruited three 02 volunteer women to support the management committee in the running and promotion of the organisation.
The organization supported 65 people affected by the COVID-19 to become resilient, reduce their isolation, improve their mental health and their income.

- Plan for 2021 2022

The organization will increase its advice and referrals sessions to be able to support about 71 new users in need of education, training and welfare entitlement.
We will continue to deliver more employment skills sessions to support local women back into work this year. We anticipate helping about 22 unemployed women.
The organization will deliver more parenting skills sessions to improve the skills of about 32 young mothers
We will undertake more supplementary education and homework club activities this year to improve about 25 children and young people’s performance at school to prevent them from being excluded and get involved into criminal activities.
We will increase support to families especially single and teenage mothers through education and training. We anticipate supporting about 20 users.
As the pandemic continue, the organization will look for more financial support to assist about 85 new people affected main single mothers and older people

Trustees’ responsibilities

Charity law requires trustees, to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the results of the company at that period. In preparing those financial statements, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any materials departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the charity Act.

They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps and detect fraud and other irregularities.

Tobi Falodi - Chairperson

Signed: ------------------------- Date:-----------------------2021

Financial Statements for the year ended 30 September 2021

Incoming Resources Unrestricted Restricted 2 1000 4600 3400 4900 500 1200 320 1000 433 4920 12433 4300 0 3800 1200 2300 320 160 ~~150~~ ~~270~~ ~~278~~ 255 1300 800 12213 2920 2000 220	Incoming Resources Unrestricted Restricted 2 1000 4600 3400 4900 500 1200 320 1000 433 4920 12433 4300 0 3800 1200 2300 320 160 ~~150~~ ~~270~~ ~~278~~ 255 1300 800 12213 2920 2000 220		202 0 5796 7 198 0 340 0 320
Unrestricted 2 3400 1200 320 4920 1200 ~~150~~ ~~270~~ 1300 2920 2000

	12433 4300 0 3800 2300 320 160	17353 4300 0 3800 3500 320 160 ~~150~~	6366 7 1170 0 934 0 760 0 404 0 320 0 460 ~~300~~
	~~278~~ 255 800 12213 220	270 ~~278~~ 255 2100 15133 2220 12225	~~176~~ 5821 0
			~~0~~ ~~240~~ ~~0~~ ~~233~~ ~~0~~ 1098 0 410 0 545 7 1222 5
		14445 12225

Balance Sheet as at 30 September 2021

2021 2020

Note Fixed Assets Tangible assets Current assets Cash at bank 14443 17682 Total net assets 14443 17682

Funds

Unrestricted Restricted Total	9700 11720 4743 5962
	14443 17682

Notes to the accounts for the year ended 30 September 2021

1. Accounting policies

a) Basis of accounting policies

The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed assets investments at market value, and in accordance with applicable accounting standards and follow the recommendation in the statement of recommended Accounting and Reporting Practice by charities.

b) Grants

Grants are recognized in the statements on accrual basis following the satisfaction of any pre-conditions

c) Expenditure

Expenditure is recognized on accruals basis

d) Reserve policy

The organization reserve policy is to retain 3 to 10 % of its unrestricted fund beyond its financial year to keep the organization running. This depends on the financial condition of the organization.

Independent Examiner’s report to the Trustees

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting applicable Accounting Standards and the Charity Act 2011

Responsibilities of the Trustees

The trustees and the Management Committee are responsible for the preparation of the accounts and that you consider the audit requirements of the charities Act 2011. It is my responsibilities to state on the basis of procedures specified in the directions given by Charity Commissioners whether particular matters have come to my attention.

Basis of my examination

The examination of the accounts was carried out in accordance with the general directions given by the charity commissioners. The examination includes:

A review of the accounting records kept by the charity
A comparison of the accounts presented with those records made available
Consideration of any unusual items and disclosures in the accounts
Assessment and significant estimates and judgments made in preparation of the financial statements
Examination of evidence relevant to the amount of disclosures in the financial statements

I planned and performed my investigation so as to obtain all the information and explanations which I consider necessary in order to provide me with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatements whether caused by fraud or irregularity of error. In forming my opinion I also evaluated the adequacy of the presentation of information in the financial statements.

Opinion

In my opinion the financial statements as prepared give a true and fair view of the charity state of affairs as at 30th of September 2021 and the incoming resources and their applications in the year ended have

been properly prepared in accordance with general directions given by Charity Commissioners.

Beugre Jacques N’Douba J-Accountancy & Consultancy Limited 38 Richardson Court Studley Road London SW4 6RZ Date: ------------------- 2021

Signed: ---------------------