Trustees’ Annual Report for the period
From 01 May 2024 To 30 April 2025
Charity name: Regros Foundation
Charity registration number: 1185541
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Regros Foundation is committed to empowering women to reach their full potential by providing practical opportunities to up-skill, leverage their skill sets and ultimately become self sustaining. The goal is that those so empowered can support and mentor others seeking to improve their lives. The Foundation operates worldwide and is constantly looking outfor like-minded partners towork with. |
| 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 |
The charity did not undertake any charitable activities during the period. It was dormant throughout the year ended 30 April 2025 while the trustees carried out a restructuring of the organisation. No projects, services or activities were delivered during the period. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit in reviewing the charity's aims and objectives and in planning its future activities. |
Additional information (optional) You may choose to include further statements where relevant about:
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
Not applicable. The charity was dormant during the period and undertook no grant-making, social investment or volunteer activity.
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 charity was dormant during the period and undertook no activities, so there were no achievements to report for the year ended 30 April 2025. The trustees focused on restructuring the organisation so that it can deliver its charitable objects effectively in future periods. |
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 | Not applicable. No objectives were set for the period as the charity was dormant. |
|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity was dormant throughout the period. It received no income and incurred no expenditure during the year ended 30 April 2025, and held no funds at either the start or the end of theperiod. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | As the charity was dormant and held no funds during the period, no reserves were held. The trustees intend to adopt a formal reserves policy as part of the restructuring. |
| Amount of reserves held | Para 1.22 | £0 (nil). |
| Reasons for holding zero reserves |
Para 1.22 | The charity was dormant during the period, received no income and held no funds; accordingly no reserves were held. |
| Details of fund materially in deficit |
Para 1.24 | None. No funds were held and no fund was in deficit. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no material uncertainties about the charity's ability to continue. The trustees are restructuring the organisation and consider it remains viable. |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity had no sources of funds during the period as it was dormant. The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Not applicable during the period. Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO constitution. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (CIO). |
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 appointed by resolution of the existing trustees |
| 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 | Not applicable during the period. |
Reference and Administrative details
| Charityname | Regros Foundation |
|---|---|
| Other name the charityuses | None |
| Registered charity number | 1185541 |
| Charity’s principal address | 33A GREAT GEORGE STREET, LEEDS, LS1 3BB |
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) |
|---|---|---|---|
| Samuel Odekunle | |||
| Itohan Odekunle | |||
| Stella Oviasu | |||
– Corporate trustees names of the directors at the date the report was approved Director name Not applicable
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| Not applicable | ||
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Not applicable. The charity did not hold any assets as custodian trustee on behalf of others.
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
ype of adviser Name Address
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
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Samuel Odekunle
18 06 2026
Receipts and Payments Accounts For the period 1 May 2024 to 30 April 2025
| Charity name | Regros Foundation |
|---|---|
| Other names charity is known by | None |
| Registered charity number | 1185541 |
| Charity's principal address | 33A GREAT GEORGE STREET |
| Period covered | 1 May 2024 to 30 April 2025 |
| Basis of accounts | Receipts and payments |
Section A Statement of receipts and payments
| Unrestricted funds £ |
Restricted funds £ |
Endowment funds £ |
Total this year £ |
Total last year £ |
|
|---|---|---|---|---|---|
| A1 Receipts | |||||
| Donations and legacies | - | - | - | - | - |
| Charitable activities | - | - | - | - | - |
| Other trading activities | - | - | - | - | - |
| Investment income | - | - | - | - | - |
| Other receipts | - | - | - | - | - |
| Sub total (gross income for AR) | - | - | - | - | - |
| A2 Asset and investment sales | |||||
| Proceeds from sale of fixed assets | - | - | - | - | - |
| Proceeds from sale of investments | - | - | - | - | - |
| Sub total | - | - | - | - | - |
| Total receipts | - | - | - | - | - |
| A3 Payments | |||||
| Expenditure on raising funds | - | - | - | - | - |
| Expenditure on charitable activities | - | - | - | - | - |
| Other payments | - | - | - | - | - |
| Sub total | - | - | - | - | - |
| A4 Asset and investment purchases | |||||
| Purchase of fixed assets | - | - | - | - | - |
| Purchase of investments | - | - | - | - | - |
| Sub total | - | - | - | - | - |
| Total payments | - | - | - | - | - |
| Net of receipts / (payments) | - | - | - | - | - |
| Transfers between funds | - | - | - | - | - |
| Cash funds last year end | - | - | - | - | - |
| Cash funds this year end | - | - | - | - | - |
The charity was dormant throughout the period. It received no income and incurred no expenditure, and held no cash funds at the start or end of the year. Accordingly all figures above are nil (shown as “-”).
Section B Statement of assets and liabilities at the end of the period
| Unrestricted funds £ |
Restricted funds £ | Endowment funds £ |
|
|---|---|---|---|
| B1 Cash funds | |||
| Cash at bank and in hand | - | - | - |
| Total cash funds | - | - | - |
| B2 Other monetary assets | |||
| None held | - | - | - |
| B3 Investment assets | |||
| None held | - | - | - |
| B4 Assets retained for the charity's own use | |||
| None held | - | - | - |
| B5 Liabilities | |||
| None | - | - | - |
The charity held no assets and had no liabilities at 30 April 2025.
Declaration
These accounts were approved by the trustees and signed on their behalf by:
| Signature | |
|---|---|
| Full name | Samuel Odekunle |
| Position | Trustee |
| Date | 18/06/2026 |
Note: These are receipts and payments accounts prepared on the cash basis in accordance with the Charities Act 2011, which a non-company charity with gross income of £250,000 or less may use.