Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 23 Sept 2019 To 31 08 2020
Section A Reference and administration details
Charity name Emmanuel Scholars
Other names charity is known by Registered charity number (if any) 1185434
Charity's principal address 15 Coney Close Hatfield Hertfordshire Postcode AL10 8PR
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(if any) |
|---|---|---|---|---|
| Temitope Oyelere | Chair | |||
| Bolanle Adebola | ||||
| Busayo Adebanjo | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution adopted 4[th] March 2019
- (eg. trust deed, constitution)
Trust How the charity is constituted
- (eg. trust, association, company)
Appointed by trustees Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
The trustees oversee the day to day running of the charity. All trustees You may choose to include give their time voluntarily and received no remuneration or other benefits additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
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The prevention and relief of poverty in Nigeria by providing grants and services to poor children to enable them start and complete educational or vocational qualifications through which they can lift themselves out of poverty.
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The advancement of education in Nigeria by providing grants, tutoring and mentoring facilities to poor children who would otherwise be unable to access good quality educational institutions.
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- Any other charitable purposes that will contribute to the development of poor children in Nigeria who would otherwise lack the vision, influences and training necessary to develop vital life skills.
In planning our activities for the year we kept in mind the Charity Commission’s guidance on public benefit at our trustee meetings.
The charities provides scholarship for children from disadvantaged background to attend secondary school.
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Scholarship covers tuition, books, uniform, school bags and shoes.
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We also provided mentoring and pastoral support to the scholars by attending school open days and advising the scholars as appropriate.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
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You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and erformance p
In our commencement session (2019/2020), we received scholarship Summary of the main applications from eleven (11) pupils who were nominated from a state- achievements of the charity funded primary school in Ibadan, Nigeria. during the year Emmanuel Scholars paid the fees for each pupil to sit the National Common Entrance Examination, as well as the entrance examinations of the selected Secondary School. Three pupils (2 girls and a boy) of the initial 11, who were the only successful candidates at both examinations were selected to become the pioneer Emmanuel Scholars. The selected Emmanuel Scholars undertook an induction with their parents/guardians and signed the scholarship agreement forms in September 2019. The students started JSS 1 in September 2019 and have moved to the next academic year. They have settled in and we have been able to provide both educational and pastoral support. We also provided additional educational and financial support during the covid lockdown period.
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Section E Financial review
Cash at bank at 31/08/2020 was £2,925 in unrestricted funds. The main Brief statement of the financial risk to the charity is reduced donations. The funds are held to charity’s policy on reserves cover scholars fees in the event of a loss of income and to meet any unforeseen expenditure that may occur.
Details of any funds materially Not applicable in deficit
Further financial review details (Optional information)
Our main source of funds this year has been donations from trustees and You may choose to include individuals. The income is applied to the awards and clubs related additional information, where activity. With the main costs incurred being tuition fees. relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Future plans
We intend to increase the number of students funded to at least ten (10) by the end of the next academic year
To that end, we intend to use digital platforms to garner more awareness and hopefully gain more sponsors for the charity.
The charity will host an outreach event “ Emmanuel Fest ” in summer of 2021 to reach out to about 50-100 more students from economically disadvantaged background, apart from the students we are sponsoring. The objective of Emmanuel Fest is to widen the reach and impact more disadvantaged children on short term basis every year.
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
| s trustees | ||
|---|---|---|
| Full name(s) Position (eg Secretary, Chair, etc) Date |
Temitope Oyelere | Bolanle Adebola |
Chair |
Secretary | |
| 22/06/2021 | ||
| 22/06/2021 |
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| Emmanuel Scholars | Emmanuel Scholars | 1185434 | ||
|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||
| For the period from |
23-Sep-19 | To | 31-Aug-20 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 4,390 - - - - - - - 4,390 - - - 4,390 1,450 15 - - - - - - - 1,465 - - - 1,465 2,925 - - 2,925 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 4,390 - - - - - - - 4,390 - - - 4,390 1,450 15 - - - - - - - 1,465 - - - 1,465 2,925 |
Total funds to the nearest £ 4,390 - - - - - - - 4,390 - - - 4,390 1,450 15 - - - - - - - 1,465 - - - 1,465 2,925 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations | 4,390 | - - - - - - - - - |
4,390 | - | ||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total(Gross income for AR) |
4,390 | 4,390 | - | |||
| A2 Asset and investment sales, (see table). |
||||||
| - | - - - |
- | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts A3 Payments |
||||||
| - | 4,390 | - | ||||
| Grantspaid | 1,450 | - - - - - - - - - - |
1,450 | - | ||
| Bank charges | 15 | 15 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| **Sub total ** | 1,465 | 1,465 | - | |||
| A4 Asset and investment purchases, (see table) |
||||||
| - | - - - |
- | ||||
| - | - | |||||
| **Sub total ** | - | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | 1,465 | - | ||||
| 2,925 | - | - | 2,925 |
- | ||
| - | - | - - |
- | - | ||
| - | - | - | - | |||
| 2,925 | - | - | 2,925 | - |
CCXX R1 accounts (SS)
26/06/2021
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Cash in bank Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 2,925 - - - - - 2,925 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Temitope Oyelere Bolanle Adebola |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Temitope Oyelere | 22/06/2021 | ||
| Bolanle Adebola | 22/06/2021 |
CCXX R2 accounts (SS)
26/06/2021
2