## **Alli Foundation** 

## **Unaudited Report and Financial Statements** 

**Year Ending 31[st] March 2021** 

**Charity no: 1182529** 



## **Administrative information** 

|**Trustees:**||Kehinde Alli (Chair)|
|---|---|---|
|||Mrs Linda Oyewopo|
|||Mrs Oluwafunke O Obasanjo|
|||Miss Amaka Williams|
|**Advisor:**||David Redfern|
|**Registered office:**||85 Royal Hill|
|||London|
|||SE10 8SE|
|**Registered number:**|1182529|(Charity Commission of England and Wales)|





## **Report of the trustees for the year ended 31[st] March 2021** 

## **1 Purpose of the Foundation** 

Under the terms of the Constitution, the Trustees apply funds at their discretion: 

_The Objects of the charity:_ 

The relief of financial hardship of young people by making grants of money and other finance for providing, or paying, for items, services or facilities so that they can further their education, sporting or employment goals. 

The Trustees of Alli Foundation seek to support those activities for purposes which help further the Objects. 

## **2 Chairs statement** 

Since April 2020 the Alli Foundation has been putting in place the policies and procedures necessary to start to make grants. 

We had hoped to be able to run a major fundraising event in 2021 however the global pandemic has meant that we have put all plans on hold. However as our objects are to offer hope to young people who are suffering from financial hardship we recognise that 2022 will be a key year for them and for us as well. We plan to be raising and distributing funds in 2022. 

To date the Foundation has had no income, no donations and no expenditure. 


## **Kehinde Alli** 

17 January 2022 Chair of Trustees 



## **The Alli Foundation Statement of Financial Activities For the year ending 31[st] March 2021** 

**Incoming resources Total incoming resources 0 Resources expended Total resources expended 0** Total Funds brought forward Total funds carried forward 

**Balance sheet As at 31[st] March 2021** 

## **Balance sheet** 

Total fixed assets Total current assets Net assets Total charity funds 

The charity is exempt from audit as our turnover is under £25,000 as per the Charity Commission rules. 

## **Note** 

Alli Foundation was dormant in this accounting period to 31.03.2021 as we have been preparing to set the organisation up. It has been entirely run by volunteers and there have been no financial transactions in this period. However the charity has been active in setting the groundwork for its activities in the following financial year. 

The charity was effectively dormant throughout the accounting year. 

Approved by the trustees on 14 January 2022 

And signed on their behalf 


K Alli Chair of Trustees