SARAH AYOKA ODUWAIYE FOUNDATION UK Cbaiity Trumbfrr 1175744 FXNANCIAL STATEMETrirs FOR THE YEAR ENDED 29 February 2024 srAN KELLY & CO Suite 2. Wenta Bu8ine$5 Centre l Electric Avenue Enfield N3 7XU
SARAH AYOKA ODUWAIYE FOUNDATION UK Charity numbèr 1176744 Charity Inforrnation Ro iste d Address 12 Broc*ehowse Road London SE6 3TL Dr Owodunni 018yinka Oduwaiye Miss Ann Oduwaiye Mrs Susan Adelaja Bankers Natwest Bank London Ind ende xaminèr Dr Emrnanu81 Oloke, FCCA Stsn Kelly & Co Chartered Certified Accountants Suit8 2. Wanta Business Centre l Electric Avenue Enfield EN3 7XU
SARAH AYOKA ODUWAIYE FOUNDATION UK ¢harlty number 1175744 Contgnts Page Ex8minerfs Report Statement of Finanaal Activities Balance Sheet Notss on the Accounts Supplementary Infom)alion- Incoming Resources Supplementary Infomiabon- Rssources Expended
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report t¢ the truste•slmgmb8rs of SARAH AYOKA ODiJWAIYE FOUNDATION UK On a¢counts for tha year ondod 29 February 2024 Charity no 1175744 S•t out on paggs I report lo the Iruslees on my examination of the a¢counls of the above ¢harity1lhe Trust'l for the year ended 29 February 2024 Responsibilities and basis of r9POrt As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Aer}. I report in respect of rny examination of the Trust's accounts cariied out under section 145 of the 2011 Act and In carrying out my examination, I have followed all the applicable Diredions given by the Charity Commission under section 14515}(b} of the Act. I have completed my examination. l Confirm that no matèrial matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were rKJt kept in accordance with section 130 Df the Charities Act." or the accounts did not accord with the accounts'ng records,. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independ&nl examination. Independent examiner's statement
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Signed- Eoloke Dats: Name: 1110212025 Dr Emmanuel Oloke, FCCA Relevant professional qualification(sl or ljody {if any): The As$ocialion of Chartered Certified Aceountants IACCA) Addr8ss: S13n Kelly & Co SLJile 2, Wents Business Centre l Electric Avenue Enfield EN3 7XU Section B Disclosure Only complete if the examiner needs lo highlight material matters of concem (see CC32, Independent exalninalion of charity ac¢ounls.' directions and guidance for examiners). Glve here brief detalls of any items that the •xaminer wishès to disc105e.
SARAH AYOKA ODUWAIYE FOUNDATION UK STATEMENT OF FINANCIALAGTIVITIES Year Endod 29 February 2024 Charfty number 1175744 Unrestricttd Fun¢J Notes Restricted Fund Total 2024 Total 2023 ou Don8titsn$ Grft Aid Receipts Others Total IncomiTrJ Resou5 57,315 57.315 21,246 57.315 67.316 21.246 ou en recl Charil8ble Exp&ndilure Monagement and Plminslration of thé charity 20.115 20,11S 10,985 23,276 Totsl Resources En 23,276 14.369 43,391 Nel Incorring Resources ferthe Year and net rTroven*nts in Funds 13.924 13,924 Fund baJan¢e brought forward
t 1 March 2023
4.108 2,950 3,950 Fund BaLn Carried Fonvard al 28 February 2024 8,058 17,874 17.874 3,950
SARAH AYOKA ODUWAIYE FOUNDATION UK Charitynumber 1175744 BALAIICE SHEET a$ at 29 F•brtr#ry 2024 2024 2023 FlxedA¥5ets 1.893 Debtot$ Cash al bank aThS in hatxl 13,850 6.967 8.860 Creditors.. AmOts fallng du& 4lhin one y 780 N8LCutrentAgs*s C•editors'.Amounls falling due aftor mofè Ih8rtone year 4,130 Totd Nel Assg ThFd$ of tho C179rity Unrèslficltrj". Qes1o Gefjer81 fund 13.OWJ 3,0 13,090 Tho SntSWfjr•llPw0vO %1 FebnJ¥y2D2SanJ&g . Trusw• pwslom partolthvso
SARAH AYOKA ODUWAIYE FOUNDATION UK For the r onded 29 Fèbruary 2024 Charlty numbèr 117S744 P4cts8 on theAccounts 1. Accounting Pollcles Tts Inan81 st818ffl8ntS have be2Tr prepared underihe hisioric81 cosi con¥8nbon and applr¢aLle awunbry standards and in 8ccof¢Janca wlh Staiementof RecA)mmend8d PraGte-AmnI9 by Charities De5Ke¢rdti is rAthi8ted t0vrri off Ihèwsts of fved asstsov8rihoirusetul lives althe fdbwing rates". Computerequipmbnt Fixtu and fiEtmgS 25% 20% ItKomlng rosour¢es Al Incoming res¢urw ar8 indJed on the Slatemenl ffinanclal gcbviies thè tbarily is leoally entilkd to the Income Expenditure 13 acmunled for on an actruals basis has W Glas¥ified underheadings that aggregate 811 c4st lated to the Galegw wtse (Wcannol be dirertlyaithbul to parbcutsrhe8din9$, they have be alrtaled 10 a¢tiwbes on a b8515 $tntrth the useofresourtss 2. Fixed Assets Computer equpiment F¢xturg8 fittings T*)tal Cost At 1 Ma¢h 2023 1,573 6.000 7.573 At 28 Fgbruary2024 1,573 6,OiVJ Depreciation 7,573 Al 1 March 2023 1,180 4.500 Charge fortha year S.880 383 1,490 At2B Feary 2QZ4 1.673 1,563 6,990 Net book valu• as at 29 Febvuary 2024 NBVal 1 March JY2a 10 10 20 393 1,500 1,893 3. Bank and cash balanc$ C8sh aid Bank bALgr 13850 13850 4. Crodltors: Amounts faNing wknin 1 year Acwued expenses 780 780
SARAH AYOI(A ODUWAIYE FOUNDATION UK Year end¢d 29 February 2024 Charity number 1175744 Supplementsry Inforniatlon Incoming Resources 2024 2023 Donation Glft Ald Others Total Total Donations Gift Aid ReIP1S Others 57.315 57,315 21.246 Totsl 57,315 57.315 21,246
SARAH AYOKA ODUWAfYE FOUNDATION UK ytrareed 29 Fèbwary 2024 Charty n¢vnb•r 1176744 Supplnenrary Information REourEeB Expendod 2024 Dlrè¢tcNgrtyexwndifuro Muag•ment&Admln. Tial rotsi 0reaCh End CancerAvéargney¥ Car$ Trainings, Semnars and Lleetin99 Csr9 Rg$ourc•$ &nd KTedkn4iion FTeight8ttd Cmaoe Chantyoifls£nddonatyon¢ VoluMo9ts' ExpÈnye¥ H811 rental Ttsvel and 8utsi*ne¢ MotDrexp8TrsÈs TeOne and brtk2dband Print, Post& Stslonery ITbkwdent Examiners Foe8 ProOal F8e9 Setretanai Fees CtyTrpubng. SQfrre M4dkg Sub¥nptions In$ur8llce Storagecosts 2.517 2.048 1,720 2.517 2.048 1,720 2,290 4.176 1,586 2,168 4.17 3,750 3.10D 3.1 5,515 4.2Q 1.824 1,760 780 29D 1.041 5.515 4,282 t.824 1,760 820 1,780 1.120 1,332 290 100 7(X> 8CI) 3,300 1.873 1SQ 1,439 700 Sunaryexpgnse¥ 778 2,977 1.893 3,300 1,873 19) TOTAL 20,11S 23,276 43,391 25,364