
## **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<br>the charity as set out in its<br>governing document|Para 1.17|To provide healthcare provision to poor<br>adults in rural parts of Nigeria where<br>access to public medical facilities is limited.<br>To support healthcare education enabling<br>early detection and referral treatment for<br>potentially life-threatening illnesses such as<br>breast, testicular cancers through<br>knowledge and self-examination<br>techniques. To promote and support local<br>health providers.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|To provide healthcare provision to poor<br>adults in rural parts of Nigeria where<br>access to public medical facilities is limited.<br>To support healthcare education enabling<br>early detection and referral treatment for<br>potentially life-threatening illnesses such as<br>breast, testicular cancers through<br>knowledge and self-examination<br>techniques. To promote and support local<br>health providers.<br>The objects are to preserve and<br>protect health and relieve sickness for the<br>public benefit in Nigeria in particular but not<br>exclusively by:<br>i.<br>providing medical and healthcare<br>provision to poor adults in the rural parts of<br>Nigeria where access to public medical<br>facilities and healthcare centres are limited.<br>ii.<br>supporting healthcare and<br>healthcare education to prevent specific<br>life-threatening illnesses amongst the poor<br>through awareness, knowledge and simple<br>self-examination techniques to enable early<br>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: 


**----- Start of picture text -----**<br>
SORP reference<br>Para 1.38<br>Policy on grant making<br>Para 1.38<br>Policy on social investment<br>including program related<br>investment<br>Para 1.38<br>Contribution made by<br>volunteers<br>Other<br>**----- End of picture text -----**<br>


## **Achievements and Performance** 

SORP reference 



|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|The Foundation commissioned the<br>design and manufacture to specifications<br>of a Motorised Mobile Medical Treatment<br>Trailer Clinic in July 2019 for a contract<br>price of £127,162. The vehicle is 6.2<br>metres long x 2.4 metres wide insulated<br>with hospital grade specifications, air<br>conditioning, solar powered /auxiliary<br>battery charger system and a mobile<br>generator.<br>The finished vehicle will be supplied<br>with a UK whole vehicle type approval<br>certificate and be fitted with associated<br>mandatory identification plate. The vehicle<br>has a 3-year warranty. The vehicle was<br>delivered to Nigeria in October 2020.<br>The Chair is continuing his efforts<br>developing good working relationships with<br>other similar charitable foundations locally<br>in Nigeria to seek joint-venture or donation<br>of medical equipment to local clinics to<br>enhance efficiency and better achieve the<br>aims of the Foundation helping remote<br>villagers receiving medical assistance.|
|---|---|---|



**Additional information (optional)** You may choose to include further statements where relevant about: 

||||
|---|---|---|
|Achievements against<br>objectives set|Para 1.41||
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41||
|Investment performance<br>against objectives|Para 1.41||
|Other|||





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|The cash balance at the end of the period<br>is £1,072,429.|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|As this is the early stages of the charity<br>with only some admin and capital<br>expenditure, the Trustees have not yet set<br>a reserves policy. The Trustees will<br>readdress this once the medical missions<br>begin fully and the costs on the ground are<br>possible to anticipate. The trustees<br>consider the reserves of the Charity should<br>be sufficient to guarantee the long-term<br>future of the Charity|
|Amount of reserves held|Para 1.22|£1,072,429. This is the cash balance as<br>the accounts are prepared on cash basis.|
|Reasons for holding zero<br>reserves|Para 1.22|Not applicable|
|Details of fund materially in<br>deficit|Para 1.24|No funds in deficit|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|No going concern issues identified as the<br>charity has cash of over £1m for charitable<br>activities for the foreseeable future.|



## **Additional information (optional)** 

You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Constituted under a Constitution|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|Charitable Incorporated Organisation|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|Trustees are nominated and appointments<br>are made when they meet the<br>requirements of the foundation’s governing<br>document and ethos.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

||||
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>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<br>London<br>NW1 4HR|
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## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Titus Wole Odedun|Chair|N/A|N/A|
||Carlos Adeyemi<br>Ifekoya|Trustee|N/A|N/A|
||Darryl Commer|Trustee|N/A|N/A|
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– 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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Titus Vvole Odedun
Chair
Date
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