## **Make A Difference Now**
164 Rochford Road Southend Essex SS2 6TL
Charity Number 1176517
Year End Accounts Report of the Trustee And Financial Statement for the period 04/01/2023 – 03/01/2024
## **MAKE A DIFFERENCE NOW**
## **TRUSTEES REPORT FOR THE YEAR ENDED 03 JANUUARY 2024**
**Official name:** Make a Difference Now (MADN) **Registered Charity Number:** 1176517 **Official Address:** 164 Rochford Road, Southend, Essex SS2 6TL **Bankers:** Barclay bank Plc, Southend High Street
## **INCORPORATION**
The charitable company was incorporated on the 4[th] of January 2018 and commenced
charitable business on the same date.
## **TRUSTEES NAMES:**
The following trustees served during the year.
Doris Dokpoh - Chairperson
Edward Asaman - Treasurer
Daina Causton - Secretary
Evelyn Afari-Apenteng
Ethel Agbodza
Alberta Koram
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is controlled by its governing documents and constitution. The name of the
Charitable Incorporated Organisation (“the CIO”) is “Making a Difference Now”.
## **Trustees**
The Trustees present their report and the financial statements of the Charity (Make a Difference Now) for the year ended 03 January 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the Charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and United Kingdom Generally Accepted Accounting Practice.
## **The Board**
The Board of Trustees is responsible for the overall governance of the Charity. Trustees are appointed for an indefinite term. No remuneration or expenses are paid to Trustees. The Board meets at least six times a year and is responsible for setting an appropriate strategy for the Charity. The Board during the year comprised of seven individuals. No appointments were made during the year
## **Establishment and history**
The Charity was created as a Charitable Incorporated Organisation (“CIO”) and was registered with its governing body The Charity Commission on 4[th] January 2018.
## **Objectives and activities**
The principal objectives of the CIO are:
- To relieve sickness and poor health amongst elderly people and
- To relieve sickness and to preserve health by provision of free/affordable healthcare services to the most vulnerable in remote parts of Ghana.
- To promote social inclusion in the UK, for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.
The Charity seeks to offer support for the venerable adults who are socially excluded through various activities. Activities that the charity has pursued throughout the year included organising summer barbeques, sponsored walks, adult day centre, and annual dinner dance.
In addition, the Trustees have considered the general guidance on public benefit issued by the Charity Commission in carrying out its objectives and activities and in delivering public benefit and are satisfied that the objectives fall under the provisions of the Charities Act 2011. The Charity’s activities deliver benefits to adults we set out to help.
## **Risk management assessment**
The Trustees have considered and reviewed the major risks to which the Charity is exposed and have installed appropriate safeguards.
## **Plans for future periods**
It is the Trustees’ intention to continue to fulfil its charitable objectives during 2019/20 and beyond. In particular, further effort will be made to promote the Charity’s activities in the local community in order to ensure that its resources can be accessed by those in need of them.
## **Trustees’ responsibilities**
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **On Behalf of the board**
…………………………………………………….
Doris Dokpoh
Make A Difference Now – Year Ending 03 January 2024
## **Receipts and payments**
|**Receipts**
Income 1 – Annual Fundraising
Income 2 – Sponsorship
Income 3 - Other
**Asset and investment sales**
None
**Total receipts**
**Payments**
Banners & Posters
Dinner Dance
Cultural Dancers
Community barbeque
Sponsored Walk
Other
**Asset and investment purchases**
None
**Total payments**
**Net of receipts/(payments)**
**Transfers between funds**
**Cash funds last year end**
**Cash funds this year end**|**Unrestricted**
**funds**
**£**
2565
1350
0
**3915**
0
**0**
**3915**
150
2253
250
300
0
0
**2953**
0
**0**
**2953**
**962**
**0**
**1466**
**4329**|**Restricted**
**funds**
**£**
0
0
0
**0**
0
**0**
**0**
0
0
0
0
0
0
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**|**Total**
**funds**
**£**
2565
1350
0
**3915**
0
**0**
**3915**
150
2253
250
300
0
0
**2953**
0
**0**
**2953**
**962**
**0**
**1466**
**4329**|
|---|---|---|---|
## Make A Difference Now
## Notes to the Financial Statement - Year Ending 03 January 2024
## **1 ACCOUNTING POLICIES**
## **Accounting Convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All or any incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Voluntary income is received by way of donations and is accounted for when received.
- Incoming resources from activities for generating funds are accounted for when received.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
## **Governance costs**
Governance costs include those costs associated with meeting the constitutional and
statutory requirements of the charity and include independent examination fees and costs linked to the strategic management of the charity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds (grants) can only be used for particular restricted purposes within the object of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Donated equipment**
Equipment donated for onward transmission to beneficiaries is included in the statement of financial activities as incoming resources and resource expenses when it is distributed. It is valued at the amount the charity would have to pay to acquire it at the time of donation.
## **Foreign currencies**
Transactions in foreign currencies are recognised at the rate of exchange at the date of the transaction.
## **2 TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits for the period ended 03 January
2024