Trustees’ Annual Report for the period
From: 06/04/2021 Period start date To 05/04/2022 Period end date
Charity name: Wayewa Foundation
Charity registration number: 1178857
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To relieve and prevent poverty in the UK and globally with regard for Africa. The empowerment and education of children, young people, and adults. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
1) Providing services to support the local community particularly, those disadvantaged and hard to reach groups. 2) Promoting Education, Culture Mental Health and wellness to the Diaspora and BME communities. Through gardening projects, workshops for young learners and outdoor camping trips. 3) Promoting children’s safety and care by donating to Kings Heritage Orphanage in Nigeria Ijebu Ode providing rooms for orphaned children. 4) Promoting children’s health and well-being by providing food, donated clothing, and other resources for children and their families. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We confirm we have had regard to public benefit guidance issued by the Charity Commission |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | With the money raised from funding we have empowered young learners through our diverse range of classes and workshops. By providing engaging sessions on culture, history, gardening, nutrition, and wellness, we've successfully equipped countless young minds with valuable tools and knowledge from an early age. Furthermore, we're proud to have made significant strides in supporting disadvantaged youth in London. Through our initiatives, we've been able to provide vital resources and opportunities to those in need, fostering growth and development within our community. Additionally, we've continued to successfully empower BAME communities in London to challenge racial injustice and inequality. By creating safe spaces and fostering community connections, we've enabled individuals to come together, confront systemic barriers, and advocate for positive change. The overwhelming positive feedback from the community underscores the invaluable benefits experienced by young learners and their parents, who have found our classes and workshops to be transformative in fostering curiosity, confidence, and holistic growth. In the face of challenges such as youth violence and limited social mobility, our commitment to breaking down barriers and promoting equity remains unwavering. |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity is reliant on donations and grants primarily to support the activities. We utilise these funds for workshops. Supporting our projects in The United Kingdom and Africa. There was a Surplus carried forward to continue charity activities. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are in place to cover any expenses for charity activities and unforeseen costs that may arise. |
| Amount of reserves held | Para 1.22 | £47.31 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None at this time. |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The existing trustees elect volunteers after a thorough interview process. We do DBS and Background checks on volunteers. |
Reference and Administrative details
| Charity name | Wayewa Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1178857 |
| Charity’s principal address | 20A Jenner Road N16 7SA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Remi Johnson | Trustee | |||
| Patricia Byer | Trustee | |||
| Muhammad Olusola Adebiyi |
Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name Olorunfemi David Daodu
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
Patricia Byer |
||
Vice Chair |
||
25/04/2024 |
||
25/04/2024 |
| Wayewa Foundation | Wayewa Foundation | No (if any) | |
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| For the period from |
Apr-21 | Apr-22 To |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 3,120 - - - - - - - 3,120 - - - 3,120 3,461 1,585 1,435 28 405 40 - - - 6,954 - - - 6,954 - 3,834 - - - 3,834 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 3,120 - - - - - - - 3,120 - - - 3,120 3,461 1,585 1,435 28 405 40 - - - 6,954 - - - 6,954 - 3,834 |
Total funds to the nearest £ 3,120 - - - - - - - 3,120 - - - 3,120 3,461 1,585 1,435 28 405 40 - - - 6,954 - - - 6,954 - 3,834 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations & Grants. | 3,120 | 3,881 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
3,120 | 3,881 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 3,881 | ||||||
| Workshops | 3,461 | - | ||||
| Activities and Enrichment | 1,585 | |||||
| Administration | 1,435 | - | ||||
| Travel | 28 | - | ||||
| Expenses | 405 | - | ||||
| Promotion | 40 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 6,954 | - | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| - 3,834 | - | - | - 3,834 | 3,881 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - 3,834 | - | - | - 3,834 | 3,881 |
CCXX R1 accounts (SS)
20/04/2024
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 47 - - - - - 47 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Patricia Byer |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| Patricia Byer | 25/04/2024 | ||
CCXX R2 accounts (SS)
20/04/2024
2