Trustees’ Annual Report for the period
Year 30 November 2023
Section A
Reference and administrative details
Charity Name:
Molongi Trust
Another names charity is known by:
Registration number (if any):
1179262
Charity Address:
41 Corn Way London E11 4YE
Name of the charity trustees who manage the charity
| Trustee Name | Office (if Any) | Dates acted if not for whole year |
Name of person or body entitled to appoint trustee (If any) |
|---|---|---|---|
| Coco Liongo Bolenge | |||
| Owikoti Bolenge | |||
Section B. Structure, governance, and Management
Description of the charity’s trusts:
| Description of the charity’s trusts: | |
|---|---|
| Type of Governingdocuments | Constitution model |
| How the charityis constituted | CIO |
| Trustee selected methods | Byappointment |
Additional governance issue (Optional information)
| You may choose to include additional information, where relevant, about: • Policies and procedures adopted for the induction and training of trustees: • The charity’s organisational structure and wide network with which the charity works: • Relationship with any related parties: |
Education and training: Range of guidance produced by Molongi Trust Structure: Accountable to be Molongi Trust Related parties: No |
|---|---|
| • Trustees’ consideration of major risks and the system and procedures to manage them: |
Risks: Consideration by Molongi Trust leadership take professional advice as requested. Regular review process. Adopted safeguarding policy and ensured it is rolled out to the charity. |
|
|---|---|---|
| Section C. Objectives and activities |
|
|---|---|
| Summary of the objectives of the charity set out in its governing document. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the charity commission on public **benefit): ** |
To preserve and protect the physical and mental health of those granted refugee status and their dependents and those seeking asylum in the United Kingdom so as to advance them in life and assist them to adapt within a new community. The relief of unemployment of those granted refugee status and those seeking asylum in the United Kingdom, and London by the provision of skills, training, advice and support. Molongi Trust is a charity that provide general advice as it regards welfare benefit, Housing Benefit, help care and support in people’s home 0n counselling and other social issues if needed. |
Additional details of objectives and activities (Optional information)
You may choose to include further statement, where relevant, about Policy on grant making. Policy programme related investment and contribution made volunteers
| Section D. Achievement andperformance |
Section D. Achievement andperformance |
|---|---|
| Summary of the main achievements of the charity during theyear |
No information |
| Section E. Financial review |
|
|---|---|
| Brief statement of the charity’s policy on reserve. Details of any funds materially in deficit: |
The reserve policy for Molongi Trust is to hold a sum equivalent to 4 months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and to be able to continue, in the short term, funding planned activities in the event of the growing of organisation. There is no fund materials in deficit |
Section F. Other optional information
Section G. Declaration
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: Date: |
Bolenge |
|---|---|
| Coco Bolenge | |
| Trustee | |
| 16/03/2023 |
Molongi Trust
Financial Statement Ending 30 November 2023
| Income | Pound £ |
|---|---|
| Contribution | 4,000.00 |
| Donation | 0 |
| Total | 4,000.00 |
| Expenses | |
| Sales | 0.00 |
| Insurance | 0.00 |
| Legal and professional fees | 850.00 |
| Rent | 0.00 |
| Telephone | 200.00 |
| General office | 0.00 |
| Transport | 400.00 |
| Website cost | 0.00 |
| Promotion | 450.00 |
| Membership | 0.00 |
| Materials (books & DVD) | 0.00 |
| Total Expenses | 1900.00 |
| Net Surplus | 2100.00 |