CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 27-10-2022 Period end date Period stsrt date To 26-10-2023 Charity name: DESTINY TRANSFORMERS Charity registration number: 1182865 Objectives and Activities Summary of the purposes of the charity as sel out in ils ovemin document Summary of the main activities in relation to those purposes for the publ benefit. in particular, the activities. projects or seNices identified in the accounts. Statement confimiing whether the Iruslees have had regard to the guidance iSSLJed by the Charity Commission on public benefit P¥8 1.17 THE PREVENTION AND REUEF OF POVER￿. P¥a1.17•x1 ASSISTING THE POOR AND NEEDY TO FINDING HOPE AND PURPOSE FOR LIVING AND TRANSFORMING AND CHANGING MINDSET SO THAT THE INOIVIDUAL Is posmoNED TO FULFIL DESTINIES. THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY CHARrrY COMMISSION ON PUBLIC BENEFIT. P•a 1.18 Additional information (optional) You m￿8 choose to include further statements where relevant about". Policy on grant making P•a1J8 Policy on social investrnent including program related investment Contribution made by volunteers Other Achievements and Perfomiance THE CHARtrY HAS BEEN ABLE TO HELP A NUMBER OF FAMILIES FINANCIALLY AND SPIRMJALLY AND ARE COMMITfEO TO CONTINUE HELPING THOSE WHO ARE IN NEED IN THE FUTURE. Summary ofthe main achievements of Ihe charity. identifying the differen￿ the charity's work has made to the circumslances of its beneficiaries and any wider benefits lo society as a whole. P•B 1.3) Additional information {optional) You ma choose to include further statements where relevant about: Achievements against objectives set 1.41 Performance of fundrai& activities against objectives set P*a 1.41 Investment perfofmanc8 against objectives Pwa 7.41 Other Financial Review Review of Ihe charily's financial position at the end ol the eriod Sklemenl explaining Ihe policy for holding reserves staling why they are held Para 1.21 PaM122 RESERVES ARE HELD IN THE CHARir BANK ACCOUNT UNTIL IT IS REQUIRED TO BE USED FOR CHARITABLE ACTivrriES. Amount of reserves held Reasons for holding zero serves Delaiis of fund materially in deficit Explanation of any uncertainties about the charily continuing as a going concem Para 1.22 Paryd 1.22 Para 1.24 NIA Pera 1.23 Additional infornlation (optional) You ma choose to include further statements where relevant about.. The charity s principal sources of funds (including any fundraising) P￿2 1.47 Investment policy and objeclives including any social investment wlicy adopted P*è 1.46 A description of the principal risks facing thè charity Para 1.46 Other Structure, Governance and Management Description of charity's trusts: Type of goveming documenl P8ra 125 CONSTITUTION How is the charity constituted? -g up,iflcorpuraled Para 125 CHARITABLE INCORPORATED ORGANISATION Trustee selection methods including details of any conslitulional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees PBrè 1.25 ELECTED BY Additional infonnation (optional) You ma choose lo include further statements where relevant about= Policies and procedures adopted for the inductiors and training of Ifustees Para 1.51 The charity's organisational structure and any wider ne￿Ork with which the charity works Pwa 1.51 Relationship with any relaled parties Pard 1.51 Other Reference and Administrative details Charity_name Other name the chari uses Islered chari number Charity's principal address DESTINY TRANSFORMERS 1182865 Names of the charity trustees who manage the charity Dates acted 11 not for whol• ar TfUStee name Office Ilf any} Name of pèrson lor bodyl entbtled toa Int I￿$tee Ifa DORAH KUYORO DEBOFQAH AKINLADE WHOLE YEAR WHOLE YEAR OHOURI DENISE BAHON WHOLE YEAR OLUKAYODE AKINMBONI WHOLE YEAR 10 12 13 14 15 16 17 18 19 20 Corporate trustees- names ol the directors at the dale the re Dlr•¢tor nam• rtwasa roved Narne of trustees holding ti￿e to property belonging lo the charity Trusteo namg Dates acted rf not for whoje year Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects ofthe charity on whose behalf the assets are held and how this falls within the custodian charity s objects Delails of arrangements for safe custody and segregation of such assets from the charity s own assets Additional infomiation (optlonal) Names and addresses of advlsers (Optional infomiation} Type of Name Address adviser Name of chief executive or names of senior staff members (Optional inforniation) Exemptions from disclosure Reason for non4isclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees. report al)ove. Slgned on behalf of the charity's trustees Signature{s) Full namels) Position (eg SeC￿lary. Chair. etc) Date I q- IL-If . Charity Registration Number : 1182865 ## **DESTINY TRANSFORMERS** A CHARITABLE INCORPORATED ORGANISATION (CIO) FINANCIAL STATEMENTS FOR THE YEAR ENDED 26 OCTOBER 2023 ## **DESTINY TRANSFORMERS** ## **LEGAL AND ADMINISTRATIVE INFORMATION** FOR THE YEAR ENDED 26 OCTOBER 2023 DEBORAH AKINLADE DORAH KUYORO OHOURI DENISE BAHON OLUKAYODE AKINMBONI **Trustees** DORAH KUYORO **Charity Number** 1182865 **Registered Office** 18 Maple Road Hayes UB4 9LP ## **DESTINY TRANSFORMERS** ## **CONTENTS** FOR THE YEAR ENDED 26 OCTOBER 2023 Statement of Financial Activities Balance Sheet Notes to the Financial Statements ## **DESTINY TRANSFORMERS** ## **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 26 OCTOBER 2023 |**Recommended categories by**
**activity**
**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Charitable activities
3
**Total**
Net income
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
10,977.00
**10,977.00**
3,424.00
**3,424.00**
7,553.00
**7,553.00**
(242.00)
**7,311.00**|**Total Funds 2023**
**£**
10,977.00| |---|---|---| |||**10,977.00**| |||3,424.00| |||**3,424.00**| |||7,553.00| |||**7,553.00**
(242.00)| |||**7,311.00**| Page 1 of 4 ## **DESTINY TRANSFORMERS** ## **BALANCE SHEET** FOR THE YEAR ENDED 26 OCTOBER 2023 |**Recommended categories by activity**
**Notes**
Current assets
Cash at bank and in hand
4
**Total current assets**
Creditors: amounts falling due after one year
5
Total net assets
**Funds of the Charity**
Unrestricted funds
6
Restricted income funds
6
Endowment funds
6
**Total funds**|**Total Funds 2023**
**£**
7,611.00
**7,611.00**
300.00
7,311.00
7,311.00
-
-| |---|---| ||**7,311.00**| The financial statements were approved by the trustees on 19 November 2025 and signed on its behalf by: **DORAH KUYORO TRUSTEE** Date : **19 November 2025** Page 2 of 4 ## **DESTINY TRANSFORMERS** ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 26 OCTOBER 2023 ## **1. Accounting Policies** The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.1 Basis of preparation** These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. ## **1.2 Going concern** The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. ## **2. Income from Donations and Legacies** |**Analysis**
**Unrestricted funds**
**£**
Donation and gifts
10,977.00
**Total**
**10,977.00**
**3. Expenditure on Charitable Activities**
**Analysis**
Charity management & administration
Donations
**Total**
**4. Cash at bank and in hand**
Cash at bank and in hand
**Total**
**5. Creditors: Amounts falling due after one year**
Other creditors
**Total**|**Total funds 2023**
**£**
10,977.00| |---|---| ||**10,977.00**| ||**Total funds 2023**
**£**
120.00
3,304.00| ||**3,424.00**| ||**Total funds 2023**
**£**
7,611.00| ||**7,611.00**| ||**Total funds 2023**
**£**
300.00| ||**300.00**| Page 3 of 4 ## **6. Charity funds** ## **6.1 Details of material funds held and movements during the CURRENT reporting period** |**Fund names**
**Unrestricted**
**funds**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**| |---|---|---|---| ||**(242.00)**
**10,977.00**
**3,424.00**
**-**|**-**|**7,311.00**| Page 4 of 4