Children and Family Empowern]ent Foundation Annual Account and Report 2024 - 2025 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 : Management Committee 1171571 : Mr Tobi Falcodi 2024- 2025 : Ms Tolulope Enoch Chairperson : Mr Kayode Bakre Secretary : 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 2025.
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 2024 -2025
- We delivered parenting skills for 20 young couple which improved their knowledge about how to bring their children up and be good parents.
2
-
Our advice, information and referral services on housing, welfare benefit education, enabled 40 women to access services and make informed choices.
-
We have supported about 15 families who faced financial difficulties.
-
The organisation employment advice and debt services supported 28 women to improve their employability chances. Eleven 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 28 older women which helped reduced isolation and loneliness.
Plan for 2025-2026
-
The organization will increase its advice and referrals sessions to be able to support further 40 new users in need of education, training and welfare benefits 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 20 unemployed women.
-
We will increase support to families especially single and teenage mothers through education and training. We anticipate supporting about 28 users.
-
The organization will increase assistance to about 38 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 30 children to improve their achievement at school.
-
We will continue to assist 24 households affected by the rising cost of living.
3
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 17/08/25
4
Financial Statement for the year ended 1st January 2025
Incoming Resources
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| Restrict | Restr | |||||
| Sources | Unresticted | ed | Unresricted | ted | ||
| Note | ||||||
| Grants | ||||||
| Big Lottery Fund |
Fund | 5200 | 1822 | |||
| New Comen Collet | 2000 | |||||
| Fundraising | 0 | 2300 | ||||
| United Nation | 0 | 300 | ||||
| Donation | 2500 | 500 | ||||
| Membership | 0 | 220 | ||||
| Tesco | 1500 | |||||
| Beaconlodge | 500 | 250 | ||||
| Barclays CommunitySport Fund | 1000 | |||||
| Clothworker's Foundation | 5000 | |||||
| Wakefeld Tetley Trust | 5000 | |||||
| The National Lottery Community | 1900 | |||||
| 3520 | 2372 | |||||
| 27,24 | ||||||
| 24100 | 1 | |||||
| Resources Expended | ||||||
| Hire of Venue | 8305 | 8291 | ||||
| Wages& Salaries |
12000 | 12000 | ||||
| Travel & Volunteer Expenses | 250 | 200 | ||||
| Accounting & Examination | 300 | 300 | ||||
| Printing & Stationery | 625 | 600 | ||||
| Lunch & Refreshment | 730 | 650 | ||||
| Net Suplus/ Defcit | 22,210 | 22041 |
5
| Funds carried forward | 1890 | 5200 | ||
|---|---|---|---|---|
| Note | ||||
| Fixed Assets | ||||
| Tangible assets | 0 | 0 | ||
| Current assets | ||||
| Cash at bank | 11700 | 15500 | ||
| Current Liability | -3800 | -3800 | ||
| Total Net Assets | 7900 | 11700 | ||
| Funds | ||||
| Unrestricted | 6010 | 6500 | ||
| Restricted | 1890 | 5200 | ||
| Total | 7900 | 11700 |
Signed on behalf of the board of Directors
Tobi Falobi Signed: ----------------------------------Date: 20/07/2025 tobe Yalobe
6
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
7
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 number of disclosures in the financial statements
I planned and performed my investigation 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 situation 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.
8