AbundantLife Charity
Year ended 31 March 2024
RECEIPTS AND PAYMENTS ACCOUNT
Reference and Administrative Information
| Charity Name | Abundantlife Charity |
|---|---|
| Contact Address: | 52 Arcadian Avenue |
| Bexley | |
| Kent | |
| DA5 1JW |
Trustees Adeolu Agunbiade AKRAN, Dennisia Eliza Ezra AkrAN
Trustees’ Annual Report Year ended 31 March 2024
Structure, Governance and Management
The charity is administered in accordance with the terms of the Deed of Constitution (or Deed of Constitution (Unitary Form)).
The Charity meets eight times in a year.
The charity exist for the following: the relief of those in need by reason of youth, age, ill health, disability, social, economic disadvantage. It exist for the public benefit. It provides clothing, bedding, food and other services for those in need as the trustee may determine. The provision of grant and financial support to young people all over the world, to enable them to further their education.
Trustees’ Annual Report (cont.)
Statement of Trustees' Responsibilities
The members of Abundant life Trustee must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Charity during the financial year. They are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charity at that time. They are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf,
Dakran
Date …………………………..
AbundantLife Charity Year ended 31 March 2024 Charity No 1172026
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Funds | Funds | Funds | Total | |
| 2 023 | ||||
| Receipts | £ | £ | £ | £ |
| Donations | 4,084.93 | 0.00 | 0.00 | 4,084.93 |
| 4,084.93 | 0.00 | 0.00 | 4,084.93 | |
| Payments | ||||
| Printing and stationery | 87.92 | 0.00 | 0.00 | 87.92 |
| IT | 166.53 | 0.00 | 0.00 | 166.53 |
| Donations | 253.70 | 0.00 | 0.00 | 253.70 |
| Repairs & Renewal | 2.00 | 0.00 | 0.00 | 2.00 |
| Travel | 200.05 | 0.00 | 0.00 | 200.05 |
| Homeless Food Program and Foodbank Program | 230.01 | 0.00 | 0.00 | 230.01 |
| Sierra Leone Orphan Program | 483.30 | 0.00 | 0.00 | 483.30 |
| Sundry | 101.83 | 101.83 | ||
| Insurance | 90.40 | 0.00 | 0.00 | 90.40 |
| Total Payments | 1,615.74 | 1,615.74 | ||
| Excess of Receipts over Payments for the year | 2,469.19 | 0.00 | 0.00 | 2,469.19 |
AbundantLife Charity Year ended 31 March 2024 Charity No 1172026
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Funds | Funds | Funds | Total | |
| 2024 | ||||
| £ | £ | £ | £ | |
| Surplus of receipts over payments in year | 2,469.19 | 0.00 | 0.00 | 2,469.19 |
| brought forward | 728.73 | 0.00 | 0.00 | 728.73 |
| 3,197.92 | 0.00 | 0.00 | 3,197.92 | |
| Bank Balance | 3,197.92 | 0.00 | 0.00 | 3,197.92 |
For and on behalf of the AbundantLife Charity and Financial Board
D Akran
Trustees
Abundant Life Charity Bank Reconciliaton Year Ending 31/03/2024
| Opening Balance | £ | 728.73 | ||
|---|---|---|---|---|
| Receipts | £ | 4,084.93 | ||
| Payment | £ | 1,615.74 | ||
| Closing Balance | £ |
3,197.92 | ||
| £ | 4,813.66 | £ | 4,813.66 |