SARAH AYOKA ODUWAIYE FOUNDATK)N UK Charlty 1175744 FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 February 2025 STAN KELLY & CO Suite 2 Wento Buslness Cent I Electric Avenue Enfield EN3 7XU
SARAH AYOKA ODUWAIYE FOUNDATION UK Gharlty numbèr 1175744 Charlty Infomiatlon istered Adilress 12 Brookehowse Road London SE6 3TL Trustees: Dr CModunni Olayinka Oduwaiye Miss Ann Oduwaiye Mrs Susan Ad8laj8 Bankers Natwest Bank London Ind* •nd¢nt Examin•r Dr Emmanuel Oloke. FCCA Stan Kelly & Co Chartered CarIed A¢¢ounlants Suit8 2, Wenta Busines5 Centre l Electric Avenue Enfield EN3 7XU
SARAH AYOKA ODUWAIYE FOUNDATION UK Charlty numbor 1175744 Contents Page Examinerfs Report statement of Financial Activities Balance Sheet Notes on the Ac¢ounts Supplementary Infomalion- Incoming Resources Supplementary Information- Resources Expended
(HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to thg trusteeslm8mbers ot SARAH AYOKA ODUWAIYE FOUNDATION UK On accounts for tho y•ar •nded 28 February 2025 Charity no 1175744 Set out on pages I report ts the trustees on my examination of the aUnts of the above charity I'the Trust.) for the year ended 28 February 2025 As the charitys trustees. you are responsible for the proparalion of the accounts in accordan with the requirements of the Charities Act 2011 llhe Act°}. Responslbllltles and bas1$ of report I report in respect of my examination of the Trusfs accounts carried out under secb'on 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under s&¢lion 145151{b} of the I have completed my examination. I wnfimi that no material matters have ¢ome to my attention in connection with the examination which gives me Cause lo believe that in. any material respe¢t'. the Sonting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not aG¢ord with the accounting records., or the accounts did not cornply with the applicable requirements concerning the form and conlenl of acwunts set out in the Charities (Accounts and Reports) Regulations 2Q08 other than any requirement that the accounts give a 'Irue and fairf view which is not a matter considered as part of an independent examination. Independent examiner's statement
I have no concems and have come across no other matters in connection with th8 examination to which attention should be drawn in this report in order lo enable a proper understanding of the ants lo rèachfrd. Signed: Eoloke 2210112026 Nam•'. Dr Emmanuel Oloke, FCCA Relevant professional qualificationl$l or body Ilf any): The AssocAalion of Chartered Certified Accountants (ACCAI Address: stan Kelly & Co Suite 2, Wenta Business Centrè l Ele¢tri¢ Avenue Enfield EN3 7XU Section B Disclosure Only complete if the examiner needs to highlight material matters of NceM (see CC32, Independent examination of charity accounts.. directs.ons and guidance for examin8rsl. Give here brief details of any ltsms that the examinor wlshès to di$¢losa.
SARAH AYOKA ODUWAIYE FOUNDATION UK Charity number 1175744 STATEMENT OF FINANCIAL ACTIVITIES Yoar Endod 28 Fèbruary 2025 Unre$tri¢ted Fund ReSt¢te FurKI Totsl 2025 Total 2024 Notss Incomln Rosourcas Donations Grft Aid Repts Otr8 Tot Incoming Resources 38,075 38,075 57.315 38.075 38,075 57.315 Resources Ex ended 01cl Charitable Expenditure Management and Adminstratiori of the charity 10,478 10,478 20.115 16,053 16,053 23.276 Total ReSryJrS Expanded 26,531 28,531 43.391 Net Incoming Resource8 for th8 Yeararld net movements in Fund$ 11,544 13,924 Fund balance brought forward at 1 March 17,874 17.874 3,950 Fund Balance Carried Forward at 28 February 29,418 29,418 17,874
SARAH AYOKA ODUWAIYE FOUNDATION UK Charfty number 117S744 BALANCÉ SHEET 4$ •t 28 F•bruary 202S 2024 FINed As$8ts 20 Oebtor5 Cash at bank and in hand 30.178 30.198 13.850 13,870 Cr8dllors'. Amounts falir#J du• y1h1n one ar Nelcurrent AsseLs 13.090 CreditoTr'. Amwnts f8llir¥J due after mcrfe than onthr Total Net A88ets 29 Thw Fynth otth• Charlty Unr8skitled.. Designaled lun General fund$ 29.418 13,09D th122Ju2O?Uantt&I5L¥1I1E 0.0
SARAH AYOKA ODUWAIYE FOUNDATION UK Charity rwmb•r 1175744 Forthe year ended 28 Febiuary2025 Not•s on thg Accounts 1. A¢countlng Polkles Thefinancial stalgmeDts have been pr9pared undgrthg htotal eo8t eonvènlon and applica@ a¢wunllng stsndard5 an¢ in accordanrtswlh Slatementof Recommended Practice- Accountin9 by charit. Depretialv)D Is calculated tomryitt Off thtr w$1$ of 8¥80ts over thek usefijl lfve8at the followlng rates.. Compulerequpmenl FLkiures and fitlings 25% 20% Incomkng resour5 l incoming roSour$ aro indudod on $ts1om$ntf ffn•ntyal 8ctkV8s when the charily L% lega11yentild tothe inme. Ewdrture accounted foron an atUal5 basis and has been ¢L8¥¥thgd LFrbdprhg8ding8 Ih8i¥ggroyal• all ttJsI related tothe cAlegory Where costs cannot be drecttyattributed to Pdrbculor heodings. they have been to adwities on a basis consthnl with the use ofresources. I FIMd Assèts Computer ¢qupimet)t FixtUTg$
ndfittings
Total o$t At 1 March 2024 1,573 6,000 7.573 AddrfK)n5 At28 February 2026 1,573 6,000 7.573 Depreclatlon At 1 March 2024 5.990 7,3 Ch¥rg0 forthè year At28 F¢bruary2025 I,S63 S,990 M•t bookvalu• a¥ at 28 Fobruary 2025 10 io NBV at l Mar¢h 2024 10 3. Bank at)d ¢a¥h balance Cath and Bank bak9n¢8 30178 30178 reditOTS: Amounts falllng du• withln 1 yoaf Actrusd 8xp8ng 780 780
SARAH AYOKA ODUWAIYE FOUNDATION UK Yr ¢nd•d 28 February2025 Charity number 1175744 Supplamentary Infonn8tlon In¢oming Resour¢es 2025 2024 Donatlon ftd others Total Total Donations Grft Aid Receipts Othars 38,075 38,075 57,315 Total 38,075 38.075 $7,315
SARAH AYOKA ODUWAYE FOUNOATON UK Charity b$r 1175744 y&arod 28 February2025 8upplemenlary Ipfmiion 2025 2024 Dir•rtchatty•xp•ndkur• anag•m•nl & PAlmln. Totsl cxrtreach£nd canrAwareneSS compgr Tr?ining5. SerniDars¥nd MeeUn95 care Fl8sourc8s and MeditsOn Frght and Carria9& Charitygifts and donatio Vdunteer5' Expen all rental Trav and a1tenee Mtstorexpenses TelephDn& and broadband Print. Po8t & ststionery Indep8ndEnt Exttminerfs Fe95 PrOfes$k Fees SeerelariaS Fess Compubng, Softw8re and Med Svb¥¢riptionS In¥UtÈ Slor8gD costs D9preuhJn Sundryexpen69p 719 719 2,517 2.040 2.572 1.720 2,290 4,176 4,264 3,100 S,S15 4,282 1.824 1.7f 2.571 2.806 740 1,600 740 1.6 1.808 2.594 1.641 78D 1.80 2.594 l.e41 780 2 1.Q41 600 670 2,284 U11 3.720 870 700 800 1300 3.720 150 TOTAL 10,478 16.053 26.531 4118
SARAH AYOKA oDUWYE FOUNDATION UK Charfty nwThb•r Y•ar•nd•d 28 FgtsNary202S TanglkA• flx•d ass•ts Computor •quplm4nt Motor hicl• At 1 March 2024 1.573 8.or 7.573 Adon¥ 28 F•bty•ry2025 1,573 6,¢0Tr 7,573 Deprnclation At l March 2024 1,563 5.990 Ch•rgofortho y8•r At 28 F•bruary2025 1.563 7,$$3 W•1 bcdok valu• 10 10 NBVat 1 March 2024 10 10 Caih Bal*n¢è BUn5$ CurrentCOunt CAsh al Bankand in Hond 4.104 26,074 30,178