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Children and Family Empowerment Foundation

Annual Account and Report

2021- 2022

LEGAL INFORMATION

Name of charity:	Children and Families Empowerment	Children and Families Empowerment
	Foundation
Correspondence address	:	54 Camberwell Rd, Camberwell,
		London SE5 0EW
Contact Person	:	Ms Bilkis Temitope Abioye
Charity number	:	1171571
Management Committee	:	2021- 2022
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 1 of January 2022

The Children and Family Empowerment Foundation is a voluntary organization established on the 5 September 2015 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 2021 -2022

The organisation delivered befriending services for 18 older women which helped reduced isolation and loneliness
Our advice, information and referral services on housing, welfare benefit education, enabled 23 women to access services and make informed choices
We delivered parenting skills for 21 young couple which improved their knowledge about how to bring their children up and be good parents.
The organisation employment advice and debt services supported 12 women to improve their employability chances. Seven of them have been able to secure part and full employment.
The organisation’s supplementary education and homework clubs benefited 16 children. The programme enabled users to improve their achievement at school and passe their exams
We have recruited two new volunteer women to support the management committee in the running and promotion of the organisation.

Plan for 2022-2023

The organization will increase its advice and referrals sessions to be able to support about 45 new users in need of education, training and welfare entitlement.
We will assist this year about 30 young couples to improve their parenting skills
We will continue to deliver more employment skills sessions to support local women to get jobs. We anticipate helping about 33 unemployed women.
We will increase support to families especially single and teenage mothers through education and training. We anticipate supporting about 24 users.
The organization will increase assistance to about 32 older people in the local area to reconnect them the community and reduce their isolation and improve their mental health.
Our supplementary education and home work clubs will assist about 22 children this to improve their achievement at school.

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

27/03/ Signed: ------------------------- Date:-----------------------2022

Financial Statements for the year ended 01 of January 2022

Incoming Resources

Restricted 3400 1800 2200 2700			2021
			1000 4600 3400 4900 500 1200 320 1000 433

10100 3800 800 2800 1700 330 620	19700 4800 2900 2800 1700 200 350 330 620 2400	17353
		4300 3800 3500 320 160 150 270 278 255 2100
10050 50	16100 3600 14445	15133
		2220 12225	2220

	18045	14445

		2022	2021
	Note
Fixed Assets
Tangible assets		0	0
Current assets
Cash at bank		18045	14443
Current Liability		-4600
Total net assets		13445	14443
Funds
	Unrestricted	9600	9700
	Restricted	3845	4743
	Total	13445	14443

Notes to the accounts for the year ended 1 of January 2022

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 01 of January 2022 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 23/03/ London SW4 6RZ Signed: --------------------- Date: ------------------- 2022

2022-01-01-accounts