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2024-01-01-accounts

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Children and Family Empowerment Foundation

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Annual Account and Report

2023- 2024

LEGAL INFORMATION

Name of charity:

Children and Families Empowerment Foundation

Correspondence address : 54 Camberwell Rd, Camberwell, London SE5 0EW Contact Person : Ms Tolulope Enoch Charity number : 1171571 Management Committee : 2023- 2024 Mr Tobi Falcodi : Chairperson Ms Tolulope Enoch : 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[st] of January 2024.

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 organization is a registered charity under the number, 1171571.

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 2023 -2024

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We delivered parenting skills for 15 young couple which improved their knowledge about how to bring their children up and be good parents.
Our advice, information and referral services on housing, welfare benefit education, enabled 32 women to access services and make informed choices.
We have supported about 11 families who faced financial crisis.
The organisation employment advice and debt services supported 17 women to improve their employability chances. Nine of them have been able to secure part and full employment.
The organisation’s supplementary education and homework clubs benefited 30 children. The programme enabled users to improve their achievement at school and passe their exams.
The organization delivered befriending services for 31 older women which helped reduced isolation and loneliness.

Plan for 2024-2025

The organization will increase its advice and referrals sessions to be able to support about 38 new users in need of education, training and welfare benefits entitlement.
We will assist this year about 24 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 13 unemployed women.
We will increase support to families especially single and teenage mothers through education and training. We anticipate supporting about 26 users.
The organization will increase assistance to about 34 older people in the local area to reconnect them to the community and reduce their isolation and improve their mental health.
Our supplementary education and homework clubs will assist about 23 children to improve their achievement at school.
We will continue to assist 22 households affected by the rising cost of living.
To provide families with clinical Autism/ADHD Assessments for Children and Young People.

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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:-----------------------2024[20 /07/]

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Financial Statements for the year ended 1 Janaury 2024

Sources Big Lotery Fund Beter Bank Limited New Comen Collet St Mary Newgton Fundraising United Naton Donaton Membership Tesco St Olaves & Saviour Tesco Groundwork Beacon Lodge	Incoming Note Grants	Incoming	Resources Unrestricted 2300 500 220 500	2024 2023 Restricted 18221 18221 1000 1500 5000 2230 4700 3000 3000 500 2230 220 310 1000 4300 3000 3000 1125 2500 2500

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3520 Resources Expended Hire of venue Wages & Salaries Travel & volunteer expenses Telephone & internet Printng and Statonery Accountng & examinaton Lunch & Refreshment Publicity Administraton cost Food & Essental Items Transport Equipment Resources Expended Net surplus / Defcit Fund B/F Fund carried Forward	200 300 650 1150 2370	19270 2024 0 15500 -3800 23721 8300 9800 1000 940 320 380 750 2760 460 1830 26540 -2819			23721 8300 9800 1000 940 320 380 750 2760 460 1830	30671 8300 9800 1200 940 320 300 650 380 750 2760 460 1830	30671 8300 9800 1200 940 320 300 650 380 750 2760 460 1830	22165 5800 3950 2700 1900 1800 200 180 350 760 3300	22251
					26540	27690		20940
						2023 0 19270 -3850 15420 7400 8020 2981 19270		1225 18045

Fixed Assets Tangible assets Current assets Cash at bank Current Liability Total net assets
							2023 0 19270 -3850 15420 7400 8020
		6500 5200 11700 11700

							15420

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Signed on behalf of the board of Directors

Tobi Falobi

Signed: ----------------------------------Date:----------------------------2024[20/07/]

Notes to the accounts for the year ended 01 of January 2024

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

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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

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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 2024 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 Signed: -------------------- Date: ------------------- 2024 30 /07/

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