Trustees’ Annual Report for the period
From April 2024 to April 2025
Charity name: Martha’s Dream
Charity registration number: 1180980
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Martha’s Dream’s purpose is to provide support to the vulnerable children in the village of Ekenobizi (Abia State, Nigeria) by providing the funding for an educational facility, giving free access to education for Primary School aged children in a disadvantaged condition. These conditions could be the lack of economic means to access state education; a disability; albino- ism that has made them an outcast in the Nigerian social structure; accusations of witchcraft; or any other condition that hinders, or affects the child’s ability to gain the full development of the human personality and to the strengthening of respect for human rights and fundamental freedoms. At Martha’s Dream, we believe that it is a fundamental human right to have access to a high quality, free education, and this remains the number one priority for the charity. |
| 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 |
The main activities carried out by Martha’s Dream in the UK is to raise funds. Activities include the opening of a designated website to raise awareness of who we are and what we do. The website also carries a platform where donations can be received. A sponsored walk across Morecambe Bay proved popular and a good way of raising awareness and also funds. We also conducted fundraising evenings with |
| themed african food and music. These funds are send is support of the educational facility and managed locally in Nigeria for the continued rental of a suitable property, provide salaries for teachers, a cleaner, and an administrator who will oversee the day to day running of Martha’s Dream Academy (namely the educational Facility). |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm they had regard to the Charity Commission guidance on Public benefit. |
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 | Since Martha’s Dream has been registered as a charity and has started providing funds to Martha’s Dream Academy, the educational facility in the village of Ekenobizi (Abia State, Nigeria) around 180 children yearly have been benefiting of free high-quality education. As a testament of the god work carried out and its impact, children at the school have not just received an education but have been consistently been achieving the highest grades in the Local Government Area. These children would have likely never been able to receive education without the work of Martha’s Dream. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity in this financial year has raised 2549.41 GBP, with 0.09 GBP being carried over from the previous year, in accordance with the submitted Statement of Accounts. 2484 GBP were spent for the charitable purpose, consequently 65.41 GBP funds are carried over to the next Financial Year for 2024-25. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Desired reserves according to the Reserves policy are 2,000.00 GBP. Any reserve is held in the Charity’s Bank account. |
| Amount of reserves held | Para 1.22 | 0.51 GBP |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Statute |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 | Trustees are voted in annual AGM when their mandate expires as per the timeframes outlined in the CIO Constitution. |
Reference and Administrative details
| Charity name | Martha’s Dream |
|---|---|
| Other name the charity uses | Not applicable |
| Registered charity number | 1180980 |
| Charity’s principal address | 35 Mardale Ave Morecambe LA4 5XG, UK |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Micheal Statter | N/A | Wholeyear | AGM | |
| Luca Canal | N/A | Wholeyear | AGM | |
| MercyStatteer | N/A | Wholeyear | AGM |
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not applicable
Other optional information
Not applicable
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees Signature(s) Canal Full name(s) Luca Position (eg Secretary, Trustee Secretary Chair, etc) Date 2nd February 2025
MARTHA’S DREAM
(Charity registered with HM Revenue & Customs reference EW04045)
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE PERIOD 5[TH] APRIL 2024 TO 5[TH] APRIL 2025
Contents Page
Receipt and payments Account for the period 1
5 April 2024 to 5 April 2025
Statement of Assets and Liabilities at 5 April 2025 2
Page 1
MARTHA’S DREAM ( Charity registered with HM Revenue and Customs reference EW04045)
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE PERIOD 5TH APRIL 2024 TO 5 TH APRIL 2025
| Unrestricted funds Restricted Funds Endowment Funds £ £ £ Cash Funds at hand on 5th April 2024 65.41 -- -- RECEIPTS Voluntary Receipts Fundraising and Donations 2249.01 -- -- Bank Interest 0 -- -- Total Receipts 2249.01 -- -- PAYMENTS Cost of Charitable Activities Bi-Annual Website Fee – -- -- Grants and Donations Donations to Martha’s Dream Nigeria 2314 -- -- Total Payments 2314 -- -- Surplus For The Period 0.42 -- -- Cash Funds at 5th April 2024 0.42 -- -- |
Total Funds £ 65.41 2249.01 0 2249.01 |
Total Funds £ 65.41 2249.01 0 2249.01 |
|---|---|---|
| – 2314 2314 0.42 0.42 |
Page 2
MARTHA’S DREAM (Charity registered with HM Revenue & Customs reference EW04045
STATEMENT OF ASSETS AND LIABILITIES AT 5TH APRIL 2024
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Cash Funds | ||||
| Cash at Bank | 0.42 | -- | -- | 0.42 |
| Total Assets | 0.42 | -- | -- | 0.42 |
Approved on 30th June 2025 and signed on behalf of all trustees
_________
Luca Canal
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