AKORN CHARfTY TRUSTEES REpoKf AND ACCOUNTS FOR THE YEAR ENDING 31" MARCH 2023 REGISTERED CHARITY NUMBER 1176010
Charlty Infonnatlon Akornls a retlstewed tharltyln Eryland and Wale5. The tharlty15 go¥emed bythe consUtsrtIM d0Mtad8Pted on the 17th of January 2017. (tharfty Re¢lstraiion: No 117&]10 R•8lst¥4d addr•s>: CIO NewTestarnert Church Ujpkn. Cnr: Downs Park and Cricketfield Hackney London E5 8N5 Bankerk. CA'F Bank Ltd, 25 n$ Hill Avenue, Ffiu. West Mallin& Kerbt ME19 4JQ
Trustees Report TheTrustees present their report and a¢c¢untsf¢rthÈyear ended 31 Mar¢h 2023 The accounts have been prepared in xcordance WFth the accounting potkie5 set out in note i to the ccounts and COMP with the tharitys WnStion. appli(3ble law and the requirements of the ststements of Recommertded prattice. The board oftrurtees are rts rfirertws forthe purposeofc4xnpany and thatity Law. ThrOOt thls reporttheyare referred tg a5tntstees. The trustees bdow have seThed up to yearto datr 0fth report Mrs SLan Lwilnson (Chairperssinl Mrs Vern Smlth rfr&3surerl Btshop SpencerAndÈrson (rn) R•vTr•vor Stav•nson trruste¢} M5sslon Staternent Akorn, thrgh ¢ommunlty engagemert partnership and xtion will do ill iton to bring transfom?atlon and tild sustslnable communitie AkrKn, thr¢wgh community eng3gement ernpowertngof indivlduals. and workinq partnership wtth the police, knal authoritse5 and othervoluntary OrgantionS wlll do all that is possible to athieve ourgoals and attain greatersocial cohesion in our community. Charfty Objectfves 111 To advance education and IrFe skills development in accordanct with Christian principles by suth means zs the Man?gernent Cornmrttee may conslderappropriate in London and in suth other parts of the United ngdoM orthe vnrld. 121 the Management Cornrnittee may from time to time as they thinkfft and fv1fi15uth other purposes %thtch are exdusivety charttsble according to the fawof Er6land and W•lts and are connected wlth the tharltable of Ihe Charlty. (31 To relleve sickness and financlal hardship and to promote and preser¥e good health by the provi5ron of funds zcods orsemces of any knnd Indudlnq through the provtshm of counselling and support in London and in suth other parts ofthe United Kingdom ortheworfd. {41 the Management Committee rnay from timeto tirne developthe capatity and sknlls ofsocial disadvantaged groups in our communlty In such a way thatthry are betterable to Idendfy. and help meeL thelr needs and to participate more fully in $Iety. 151 in particular butnot exdusi¥ely thfou8h ra15ing warene55, prornolin& sustsinin8 and irtreasir indNidual and tollecttve knovAedge, skilb and expertise. through the practical development of indiwdual capabilitie5. competences. 5kllls and understsnding through formal trainin& informal talks and (4pacrty building.
The charrty aim isto increase Ial awareness and build estabfthed wykirg relatilShIpS th local serviw wlthln the cornmunity. Or8anlsatlon hlstory Supported Boys 8rigade . Engaging local Children from &14 educational and fun activitses, weekly sessi(msand trlp Upri5ini Cornmunity Club • Elrovidir¥variou5 Xtlvlls and educational 5ensing5kils #sll as a lunch forsenior citlzens from the community. Annual community street party. Lifezone * Community CarKer supportgroup. prowdin8 counseifin& athice and friendship to people going through the challenge of Caer. No One Eats Alone • Prowding a Chri5trnas Day eveftt for the needy in our cornrnunity, In¢orporatlng provislon of hot shower. dothes. a three ¢outse Ch¥1$kn dinnerand entertsinmenL Macmillan AftemcM)nTea • Grand tradPtTonal aftémoon tÈ3 to raifefijnds for Macrnlllan cancer supportappeaL Concluslon Akorn has faced Some challengesTMth the onsetof thecorona Huwe¥er. WÈ are sttll endeavourSngto make new links 1n the community. Akorn hBve continued to f(Kus on the neets ofour hx31 communty throughout the pandemlc. Despite the restr1th, Akorn have continued toseek out ne projects and ideas to make a real dtfference. Projects we have in the pipeline are: Dr(pin centre forthe homelpJs. Cafe planned to provide tounselli BereavementsupKw)rtand befrlendinKseT¥ice and a telephone helplin We are also lookrr into supptying meals to diildren rKe1vi free school meals. Akorn a150 Supports Lifezonea canwsupportgroup that has c(tinued to operate onllne throughoutthe pandernic. We oper3te In an area wtth lots of need5. e5pecialty in the area of youth violen, poverty 3nd drug abus& Weaim to rnake J real drfference in Hatkfteythrw¢h encouragi and supportirg relevant projects.
Akorn will continue to work hard to make a drfferen to the local communrty. Akorn has been 2warded fundingtowards setting up some of the above projects. We operate in an area with lots of needs, espEcially in the area of youth violence. poverty and drug abuse. We aim to.make a real dtfference in Hackney through encouraging and supporting relevant project5. A very dFiCUlt year, but we still believe we can make a drfference. Susan Lewinson Chair of Trustees Akor.n Charfty
STATEMENT OF FINANCIAL ACTivmES FOR ThE YEAR ENDED 31 PAARCH 2023 Total 19,CK(I 142 142 28 13 170 19.013 Upr151rvJ Gommunlty GJb 144 1.410 7,159 173 216 Net expondltur• forth• yearf 10,478 Fthj bajarvx al l Awl Fund 1&¢• at 31 11,140
AKORN CHARITY BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 CURRENT ASSErs Debtors Cash at bank in hand £0 £10,340 £10.340 £12,744 £12.744 CREDITORS: due vAthln one year £1,484 £1.604 TOTAL ASSETS LESS CURRENT UABIUTIES El856 £11,140 RESERVE FUNDS UNRESTrtCTED FUNDS G•neral fund £233 RESTRICTED FUNDS Funding £8.813 £10,907 £11,140. Forth& yearending 31st 2023 the th*ity enlitsled lo audrt exemption Approvèd by the Trustées on: 411212024 Slgnod on thelr behaK by. S. Q £e4uinoo Chair of Tnttts Aki>rn Charity
NOTES TO THE Accoumrs FOR TrIE YEAR ENDED 31 ht4RCH 2023 1.1 Basls of Pf•p•r oflhg A(11993 12 Incomlng Rwuye la Allocallon rAcoJis 1.4 Funds 2 FUNDING HO Bed Gr¥ 19.C#J) £19, 3 CHARITABLE ACTivmES Ma(mlkn Everts £142 £142 )• 4 OTHER CoME £12 £16 £f3 £13 EquW8nira1th9 Ulezone CMel Evwts ark1 A¢Jivi16es £70 £1C•)
NOTES TO THE Accovpirs FOR THE YEAR ENDED 31 MARCH 2023 Reach Proiort Manna Meds £SS5 £6.144 £144 £1,41"0 £7,159 8 Sw>port eosts TeleFknon8 £120 £52 £21 Bank tharges Subsrrybons 9 CREDITORS: ATS FAWNG E)UEvmiN ONE YEAR 3J2a 10 TRVSTEES