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 2 ## **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: 1. The relief of poverty and the advancement of education and training 2. The provision of facilities for recreation and leisure time occupation in the interest of social welfare ## **- Activities for the period 2020 2021** 1. 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. 2. 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. 3. 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. 4. We have recruited three 02 volunteer women to support the management committee in the running and promotion of the organisation. 5. The organization supported 65 people affected by the COVID-19 to become resilient, reduce their isolation, improve their mental health and their income. 3 ## **- Plan for 2021 2022** 1. 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. 2. 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. 3. The organization will deliver more parenting skills sessions to improve the skills of about 32 young mothers 4. 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. 5. We will increase support to families especially single and teenage mothers through education and training. We anticipate supporting about 20 users. 6. 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 4 ## **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 5 ## **Financial Statements for the year ended 30 September 2021** |
**Sources**
**Note**
**Grants**
Arlock Clark
Ground Work
Fundraising
United Nation
Better Bank
Donation
Membership
Tesco
Childwood
**Resources Expended**
Hire of venue
Training cost
Wages & Salaries
Travel & volunteer expenses
Telephone & internet
Printing and Stationery
Accounting & examination
Lunch & Refreshment
Publicity
Administration cost
Food & Essential Items
Equipment
**Fund carried Forward**
**Resources Expended**
**Net surplus / Defcit**
Fund B/F|**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**|**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**|**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**||**2021**
1000
4600
3400
4900
500
1200
320
1000
433|**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**||| 6 ## **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**| 7 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. 8 ## **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 9 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: --------------------- 10