CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 27-10-2023 Perlod end date Period start date To 26-10-2024 Charity name: DESTINY TRANSFORMERS Charity regislratlon number: 1182865 Objectives and Activities Summary of the purposes of the charity as set out in its overnin document Summary of the main activities in relation lo those purposes for the publ benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on publi¢ benefit Pwa 1.17 ThE PREVENTION AND REUEF OF I POVERTY. Pw8 1.17 ASSISTING THE POOR AND NEEDY TO FINDING HOPE AND PURPOSE FOR LIVING AND TRANSFORMING AND CHANGING MINDSET SO THAT THE INDIVIDUAL IS POSITIONED TO FULFIL DESTINIES. ', THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY CHARffY COMMISSION ON PUBLIC BENEFIT. Pwa 1.18 Additional Infomiation (optlonall You may choose lo include further statements whore relevant about.. Policy on grant making Pwa 1.38 Policy on social investsment including program related investment P•a 1. Contribution made by volunleeT5 other
Achievements and Performance SORP r818r8r THE CHARITY HAS BEEN ABLE TO HELP A NUMBER OF FAMILIES FINANCIALLY AND SPIRITUALLY AND ARE COMMITfED TO CONTINUE HELPING THOSE WHO ARE IN NEED IN THE FUTURE. Summary of the mair) achievements of the charity. identifyin9 the differen the charity s worf( has made lo the circumstances of ils beneficiaries and any wider benefits to society as a whole. Par8 1.20 Additional Informalion {optlonall You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Performance of fijndraising activities against objects'ves set Para 1.41 Investment perfomiance against objectsves P8r8 1.41 Other
Financial Review Review of the charity s financial position at the end of the eriod Statement explaining the policy for holding reserves staling why they are held Para 1.21 Para 1.22 RESERVES ARE HELD IN THE CHARITY BANK ACCOUNT UNTIL IT IS REQUIRED TO BE USED FOR CHARITABLE ACTIVITIES. Amount of reserves held Reasons for holding zero serves Details of fund materially in deficit Explanation of any uncertainties abovl the charity continuing as a 90ing concem Paf8 1.22 Para 1.22 Pwa 1.24 NIA Para 1.23 Additional inforniation (optional) You ma choose lo inclvde further statements where relevant about.. The charity's principal Sokjrces of fijnds (including any fundraising} Par8 1.47 Investment policy and objectives including any social investment pK)licy adopted 1.46 A description of the principal risks lacing the charity Par4 1.46 Other
Structure, Governance and Management Description of charity's trusts: Type of goveming document Par8 1.25 CONSTrruTION How Is the charity onslituled? .g uninOrporated Pard 1.25 CHARITABLE INCORPORATED ORGANISATION Trustee selection melhods including details of any constitutional provisions e.g. election to post or name of any person or body ents.ued to appoint one or more trustees Porg 1.25 ELECTED BY Additional inforniation (optional) You ma choose lo include further statements where relevant about-. Policies and prOdureS adopted for the inducbon and Iraining of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity wotks Para 1.51 Relationship with any related parties Parn 1.51 Other Reference and Administrative details Chari name Other name the charit uses Re&istered charity number Charity's principal address DESTINY TRANSFORMERS 1182865
Names of ihe charity trustees who manage the charity Dates acted rf not for whole ar Twstee namt Office Ilf any) Name ol person lor bodyl entitled nt trustee rfan DOFiAH KUYORO WHOLE YEAR DEBORAH AKINLADE WHOLE YEAR OHOURI DENISE BAHON WHOLE YEAR OLUKAYODE AKINMBONI WHOLE YEAR 10 12 13 14 15 16 17 18 19 20 Corporate tSlee$ - names of the directors at the date the re Diro¢ior nam• rtwasa roved Name of tnJstees holding title lo property belonging to the charity Ttusto• nam• s act W rn)t for whol•
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how Ihis falls within Ihe cusloijian charity s objects Details of arrangements for safe custody and segregation of such assets from the charity's own assels Addltlonal Infomiallon {optlonal} Names and addresses of advlsors Ioptlonal Infomiatlon) Type of Name Address adviser Name of chlof executlve or names of 8enlor 8taff member8 (Optlonal Infomation) Exemptions from disclosure Reason for non4isclosure of ke -.J_personnel delai15 Other o -.tIonal information
Declarations The trustees declare that they have approved tho trustees. report above. Signed on behalf of the Charity's trustees Signaturels) Full name(s)', LIr (J" Position {eg Secretary, Chair. etc) Date L*_Il. z
Charity Registration Number : 1182865
DESTINY TRANSFORMERS
A CHARITABLE INCORPORATED ORGANISATION (CIO) FINANCIAL STATEMENTS FOR THE YEAR ENDED 26 OCTOBER 2024
DESTINY TRANSFORMERS
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 26 OCTOBER 2024
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 2024
Receipts and Payments
Statement of Assets and Liabilities
Notes to the Financial Statements
DESTINY TRANSFORMERS
RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 26 OCTOBER 2024
| ECEIPTS AND PAYMENTS OR THE YEAR ENDED 26 OCTOBER 2024 |
||
|---|---|---|
| Categories Unrestricted funds Receipts Donation and gifts 2,087.00 Sub total 2,087.00 Total receipts 2,087.00 Payments Advertising, marketing, direct mail and publicity 486.00 Staf costs 440.00 Charity management & administration 1,180.00 Donations 7,011.00 Printing and stationery 310.00 Sub total 9,427.00 Total Payments 9,427.00 Net of receipts/(payments) (7,340.00) Cash funds last year end 7,311.00 Cash funds this year end (29.00) |
Total funds 2,087.00 2,087.00 2,087.00 486.00 440.00 1,180.00 7,011.00 310.00 9,427.00 9,427.00 (7,340.00) 7,311.00 (29.00) |
Last year 10,977.00 10,977.00 |
| 10,977.00 | ||
| - - 120.00 3,304.00 - 3,424.00 |
||
| 3,424.00 | ||
| 7,553.00 | ||
| 7,553.00 |
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DESTINY TRANSFORMERS
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 26 OCTOBER 2024
| Categories | Details | Unrestricted funds | Restricted income funds |
|---|---|---|---|
| Cash funds | |||
| Cash at bank and in hand | 270.00 | - | |
| Total Cash Funds | 270.00 | - | |
| Details | Fund to which asset belongs | Cost (optional) | |
| Liabilities | |||
| Other creditors | Unrestricted Funds | 300.00 |
For the year ended 26 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board on 19 November 2025 and signed on its behalf by:
DORAH KUYORO TRUSTEE
Date : 19 November 2025
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DESTINY TRANSFORMERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 OCTOBER 2024
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 2,087.00 Total 2,087.00 3. Expenditure on Raising Funds Analysis Advertising, marketing, direct mail and publicity Total Support Costs 4. Expenditure on Charitable Activities Analysis Charity management & administration Donations Printing and stationery Total Support Costs |
Total funds 2024 £ 2,087.00 2,087.00 Total funds 2024 £ 486.00 486.00 220.00 |
Total funds 2023 £ 10,977.00 |
|
|---|---|---|---|
| 10,977.00 | |||
| Total funds 2023 £ - - - |
|||
| 706.00 - |
|||
| Total funds 2024 £ 1,180.00 7,011.00 310.00 8,501.00 220.00 |
Total funds 2023 £ 120.00 3,304.00 - 3,424.00 - |
||
| 8,721.00 3,424.00 |
3. Expenditure on Raising Funds
4. Expenditure on Charitable Activities
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5. Support Costs
| Analysis Total funds 2024 £ Support Costs Staf costs 440.00 440.00 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 270.00 7,611.00 Total 270.00 7,611.00 7. Creditors: Amounts falling due after one year Total funds 2024 Total funds 2023 £ £ Other creditors 300.00 300.00 Total 300.00 300.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 7,311.00 2,087.00 9,427.00 - - (29.00) 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds (242.00) 10,977.00 3,424.00 - - 7,311.00 |
Analysis Total funds 2024 £ Support Costs Staf costs 440.00 440.00 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 270.00 7,611.00 Total 270.00 7,611.00 7. Creditors: Amounts falling due after one year Total funds 2024 Total funds 2023 £ £ Other creditors 300.00 300.00 Total 300.00 300.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 7,311.00 2,087.00 9,427.00 - - (29.00) 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds (242.00) 10,977.00 3,424.00 - - 7,311.00 |
Analysis Total funds 2024 £ Support Costs Staf costs 440.00 440.00 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 270.00 7,611.00 Total 270.00 7,611.00 7. Creditors: Amounts falling due after one year Total funds 2024 Total funds 2023 £ £ Other creditors 300.00 300.00 Total 300.00 300.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 7,311.00 2,087.00 9,427.00 - - (29.00) 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds (242.00) 10,977.00 3,424.00 - - 7,311.00 |
Total funds 2024 £ 440.00 |
Total funds 2024 £ 440.00 |
|---|---|---|---|---|
| 440.00 | ||||
| Total funds 2023 £ 7,611.00 |
||||
| 7,611.00 | ||||
| Total funds 2023 £ 300.00 |
||||
| 300.00 | ||||
| (242.00) 10,977.00 3,424.00 - |
- | 7,311.00 |
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