VOIJNDATION TRUSTEES REPORT AND ACCOUNTS 2024 Kaxton Advisory TRIO BRIDGE FOUNDATION 45 RAGLAN AVENUE WALTHAM CROSS HERTFOROSHIRE EN8 8DA
THE TRIO BRIDGE FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31- DECEMBER 2024. The trustees of the charity hereby present their report alongside the f inancial statements for the year ending 315l December 2024. The trustees have adhered to the provisions outlined in the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities,, issued in March 2005. REFERENCE AND ADMINISTRATIVE DEfAIL&" Registered Charity Number: 1180282 Reglstered Off Ice: 45 Raglan Avenue Waltham Cross Hertfordshire EN88DA Trustees: Dr Bright Kwame Asante Gyampoh George Noi-Lartey Karen Bi Ill ngton Rose Kwarteng Trustee Trustee Trustee Trustee Independent Examiners: Kaxton Advisory Ltd Suite 6 The Generator Business Centre Surrey CR4 3FH Bankers: Barclays Bank 43 High Street Sutton SMI IDFI Page I
STRucfuRE, GOVERNANCE AND MANAGEMENT: Governance The charity is governed by a constitution as defined by the Charities Act 2011. Membership of the trustee board The charity's trustees, who are also voluntary under charity law, are referred to as members of the Trustees Board in the charity's Constitution. Induction and training of trustees All trustees are familiar with the practical work of the charity and have undertaken training to support their role. Organizational structure The Trustee Board meets quarterly, and a quarterly branch feedback report is given at each meeting. The Trustees have the responsibility for the day- to-day operational management of the charity. Rlsk Management TheTrustees are required to identify and review the risksto which the charity is exposed, ensuring that appropriate controls are in place to provide reasonable assurance against fraud and error. Internal control risks are minimized by implementing procedures for the authorization of all transactions and projects. Procedures and risk assessments are also in place to ensure compliance with Health and Safety regulations for volunteers, members, children, and visitors to the church. OBJECTIVES AND ACTIVITIES" The TRIO Bridge Foundation enhances maternal and fetal health through simulation training and targeted education. Using research and evidence- based guidance, we train doctors and nurses to improve outcomes for mothers and babies, focusing on prevention and intervention to relieve sickness. These objectives are achieved in collaboration with health and social care stakeholders who aim to develop and maintain skills and knowledge for medical professionals. This approach helps them utilize and sustain training programs for their benef it and that of the population they serve. Page 2
The organization also functions as a social enterprise dedicated to promoting a holistic and evidence-based approach to healthcare provision in developing countries. FINANCIAL REVIEW: Church Finon¢e&' Thefinance committee oversawthe financial planning throughout the year. The charity successfully raised £200 through donations. The total expenditure for the charity amounted to £3,535 resulting in a deficit of £3,335. The public is encouraged to donate generously so that the charity can meet its objectives. STATEMENT OF TRUSTEE RESPONSIBILITIES The trustees are tasked with preparing the financial statements in compliance with relevant laws and United Kingdom Generally Accepted Accounting Practice (UK GA4PI. Under charity law, trustees are mandated to prepare financial statements for each f iscal year. In accordance with this requirement, trustees have chosen to preparethese financial statementsfollowing the United Kingdom Generally Accepted Accounting Practice (UK GAAPI. which includes United Kingdom Accounting Standards and applicable legislation. The financial statements must legally present a true and fair view of the charitable company's financial position and its surplus or deficit for the specified period. In fulf i Ill ng this obligation. trustees are required to.. Select suitable accounting policies and then apply them consistently. Make judgments and estimates that are reasonable and prudent. Prepare f inancial statements assuming the charitable company will continue operating. unless this is unlikely. Trustees must keep accurate accounting records to show the charity's f inancial position and ensure compliance wiLh the Charities Act 2011. They are also responsible for safeguarding assets and preventing f raud and other i rregu la rities. Page 3
STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINERS: Sofar asthetrustees are aware, there is no relevant information aboutwhich the charity's independent examiners are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee to make them aware of any examination information and to establish that the charity s independent examiners are aware of that information. INDEPENDENT EXAMINERS The independent examiners, Kaxion Advisory Ltd., will be proposed for re- appointment at the forthcoming Annual General Meeting. On behalf of the Trustees Board: George Noi-Lartey 6tn October, 2025 Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TRIO BRIDGE FOUNDATION I report on the accounts of Trio Bridge Foundation for the year ended 31" December, 2024 which comprise the Statement of Financial Aciivities. the Balance Sheet and relaied notes set out on Pdges 8 to 12 This report is made solely to the Trustee5 Board in accordance with Section 145 of the Chariiics Aci 2011. My work has beLn undcnakLn so ihai I mighi siaic to the charity's trust¢¢s thos¢ matt¢rs l am rcquircd to stato to them in an Indepcndcnt Examincr's r¢port and for no oihcr purpose. To the fullest cxlcnt pcrmitled by laiv. I do not aeLcpt or assume responsibiliiy to anyone oiher ihan the Chariry and the Charity tsleeS for my examination work. Respective responsibilitie5 of Trustee5 and Exgminer The Charity trustees are responsible for Ihe preparaiion of the accounis. They consider that an audit is not required for this year (under Section 144 of the Charities Act 201 I (the Chariti¢s Act)} and ihai an indcpendcni cxaminaiion is nccdcd. It is my re%poi)%ibilily to: Examinc ihc accounts {undcr Scciion 145 of thc Charities Act); To follow the proccdurcs laid down in ihc Gcncral Dircclions given by Ihe Charity Commi%sioner (under Section 145{51(b) ofthe Charities Aci): ai)d To tate wheiher Pilrticuldir matlepi have come to my altention. Basls of Independent Examlner's report My cxaminaiion was carricd out in accordancc with ihc Gcncral Dircctions givcn by thc Charity Commissioner. An examination includes a reN'iew ofihe accounling records kept by the Charily and a comparison of the accounts presented ivith th0 records. It also includes considcrati(Trn of any unubual ilcms or disclosurcs in thc accounts, and sceking cxplanations from you as trustces con¥erning any such matters. The procedures undertaken do not provide all the evidence Ihal 'QUId be required in an audit, and consequently no opinion is given as to whcthcr the accounts prcsent a 'truc and fair, I'icw and the report is limited to those matters sel out in the sthtement below.
Independent Examiner's Statement In CO[ectIon with my examination. no mailer has come io my aiiention: l. Which gives me reasonable cause to believe that in any material respect the requiremenls to keep accounting records in accordance '11h Section 130 of the Charilies Act; and lo prepare accounls which accord w'ith the accounting records and comply with the accounting requirements of the Charities Aci have noi been met; or 2. to which, in my opinion. attenlion should be drdMTr to enable a proper understanding ofihe acLounts to be reached. EMMANUF.L ASHILF.Y. Msc. KAXTOiY ADVISORY LTD ui'rE 4 THF. GENEKATOR BUSINESS CENTRE .SIIRRF.Y CII4 3FH Kaxton Advlsory
TRIO BRIDGE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 General Restrlcted Funds Funds Total Total Note INCOMING RESOURCES Voluntary Income 200 200 5.760 Total 200 200 5,760 RESOURCES EXPENDED Charltable Expendlture.. Administratlon & Management Total 3,535 3,535 3,535 3,535 5,134 5,134 NET INCOMING RESOURCES 13,3351 13,3351 626 Movementln Funds Nel Incomlng Resources Balance brought forward Transfers IReseNel BALANCE CARRIED FORWARD {3.3351 4,312 13,3351 4,312 626 3,686 977 977 4,312 | PAGE7
TRIO BRIDGE FOUNDATION BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 Note Current Assets Bank (Barclays) 1,874 4,910 1,874 4.910 Creditors.. Amount falling due within 1 year 897 598 Nel Current Assets 977 4.312 Nel Assels 977 4,312 Funds General 977 4312 977 4,312 Approved by the Board Council on ..0611112025....... And signed on Its behalf by Ichalrmanl l Treasurer) Dr Bright KwameAsante Gyampoh George Noi-Lartey IPAGE8
IYOTES TO THE FINANCIAL STATE.MEI%TS= I. ACCOUNTING POLICIES Th¢ financial slalemenls have been pr¢par¢d in accordance with applicable accounting standards and the Charili¢s SORP. Basis of Accounting: Th¢ financial statem¢nts have be¢n prepar under the hisiorical cost conventioi) except for the valuation of investmeni asseis. which are show al market value. The tinaiicial slalemenls include all iransaciions, ass¢is and liabiliiies for which the Church Coui)cil is responsible in law. They do not include the accounts of church groups that owe their main alIlatIOn lo another body nor those thal are infornial gatherings of church meinbers. Incoming Resources: All incoming resources are included in the stalemenl of financial aciiviiies when the charily is enliiled lo the income and Ihe amouni can be quantified wilh reasonable accuracy. The following speci fic policies are applied io particular categories of income. Voluntary Income is received by way of granis. donations and gifts and is included in full in the statement of financial acliviiies when receivable. Grants where enliilemei)i is not conditional on the delivery of specific performance by the charity are recogiiized when the chariiy bccomcs uncondiiionally cnliiled 10 ihc grant. Donated services and facilities are incliided al the value to the charity where this can be quantified. The value of service5 provided by volunteers has not been included. Gifts donated for resale are included as incoming) resources within the activities for Teneralingy fund5 when they are sold. Inlome from investment is included in the year in which it is receivable. Resources Expended: Expenditure is recogmized on the accrual basi5 a5 a liability ib incurred. Expenditure in¢lud¢d any VAT which cannot be fiilly recuvered. and is repvrted as part vf the expenditure lo whi¢h it relates. Cvs15 of bJeneraling, funds Comprise the costs associated with attra¢tingF voluntary income and costs of tradin¥ for fundraisin¥ purposes including the charity's shop. Charitable expenditure comprises of those costs incurred by the charity in the delivery of its activities and Services for it5 beneficiaries. It includes both cotsts that can be allDcat¢d direltly to such activities and those c05t5 of an indire¢t nature necetssary to support them. Support costs ar¢ thos¢ costs incurr¢d in support of ¢xp¢nditure on the obj¢cts of the charity and include project management. PAGE 9
TRIO BRIDGE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER. 2024 2. INCOMING RESOURCES 2024 General Funds 2024 Total Funds 2023 Total Funds Ghana Nurses Association Other 200 200 200 200 5,760 5,760 TOTAL 200 200 5,760 I PAGE 10
TRIO BRIDGE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2024 3. RESOURCES EXPENDED: 2024 2023 IAan3gement & Admin Managernenl & Admin Freight Internet Stationery Accountancy fee Social Activities Donation 247 114 299 147 902 299 2,875 3,787 3,535 £ 5,133.73 I PAGE 11