Trustees’ Annual Report for the period
From 01/04/2023 Period start date To 31/03/2024 Period end date
Charity name: The London Medical Centre Racheal Ayoka Foundation
Charity registration number: 1183984 CE017908
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide healthcare provision to poor adults in rural parts of Nigeria where access to public medical facilities is limited. To support healthcare education enabling early detection and referral treatment for potentially life-threatening illnesses such as breast, testicular cancers through knowledge and self-examination techniques. To promote and support local health providers. |
| 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 |
To provide healthcare provision to poor adults in rural parts of Nigeria where access to public medical facilities is limited. To support healthcare education enabling early detection and referral treatment for potentially life-threatening illnesses such as breast, testicular cancers through knowledge and self-examination techniques. To promote and support local health providers. The objects are to preserve and protect health and relieve sickness for the public benefit in Nigeria in particular but not exclusively by: i. providing medical and healthcare provision to poor adults in the rural parts of Nigeria where access to public medical facilities and healthcare centres are limited. ii. supporting healthcare and healthcare education to prevent specific life-threatening illnesses amongst the poor through awareness, knowledge and simple self-examination techniques to enable early detection for referral treatment. |
iii. the provision of medical missions in hard to reach and rural communities. iv. to promote general health awareness by developing and supporting local chapters that will continue the work established by the medical missions. Statement confirming Para 1.18 The Trustees hereby confirm that we have whether the trustees have complied with the duty in section 4 of the had regard to the guidance Charities Act 2006 to have due regard to issued by the Charity the public benefit guidance published by Commission on public the Charity Commission. benefit
Additional information (optional) You may choose to include further statements where relevant about:
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SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other
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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 | The Foundation commissioned the design and manufacture to specifications of a Motorised Mobile Medical Treatment Trailer Clinic in July 2019 for a contract price of £127,162. The vehicle is 6.2 metres long x 2.4 metres wide insulated with hospital grade specifications, air conditioning, solar powered /auxiliary battery charger system and a mobile generator. The finished vehicle will be supplied with a UK whole vehicle type approval certificate and be fitted with associated mandatory identification plate. The vehicle has a 3-year warranty. The vehicle was delivered to Nigeria in October 2020. The Chair is continuing his efforts developing good working relationships with other similar charitable foundations locally in Nigeria to seek joint-venture or donation of medical equipment to local clinics to enhance efficiency and better achieve the aims of the Foundation helping remote villagers receiving medical assistance. |
|---|---|---|
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The cash balance at the end of the period is £1,072,429. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As this is the early stages of the charity with only some admin and capital expenditure, the Trustees have not yet set a reserves policy. The Trustees will readdress this once the medical missions begin fully and the costs on the ground are possible to anticipate. The trustees consider the reserves of the Charity should be sufficient to guarantee the long-term future of the Charity |
| Amount of reserves held | Para 1.22 | £1,072,429. This is the cash balance as the accounts are prepared on cash basis. |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | No funds in deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | No going concern issues identified as the charity has cash of over £1m for charitable activities for the foreseeable future. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constituted under a Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| 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 nominated and appointments are made when they meet the requirements of the foundation’s governing document and ethos. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The London Medical Centre Racheal Ayoka Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1183984 CE017908 |
| Charity’s principal address | 16 Cumberland Terrace Mews London NW1 4HR |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Titus Wole Odedun | Chair | N/A | N/A | |
| Carlos Adeyemi Ifekoya |
Trustee | N/A | N/A | |
| Darryl Commer | Trustee | N/A | N/A | |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets Not applicable 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
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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