Trustees’ Annual Report for the period
From 01 January 2024 Period start date To 31 December 2024 Period end date
Charity name: Bassuah Legacy Foundation
Charity registration number: 1185562
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | ‘To relieve the needs of, and promote social inclusion among, single parents and their children, who are socially and economically deprived, within the London area, through the provision of: a) Education, support and advice in all areas relating to single parenthood. b) Facilities in the interests of social welfare for recreation or other leisure time occupation with the object of improving their conditions of life.’ |
| 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 |
Raise Awareness Raise awareness in the local and greater community of the needs and existence of single parent families. Improve Mental & Physical Health Provide services and programmes to improve both the mental and physical health of our members, inclusive of their families. Build Confidence Encourage and support the members in growing confidence as parents and as individuals. Motivate and Inspire Role Models Provide services and programmes that encourage personal growth within the membership to give opportunities for members to lead by example. Build a Supportive Community Build a community in which single parents and their families have others to lean on. |
Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
Trustees have read guidance by the Charity Commission on public benefit.
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other | ||
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 | SOCIAL INCLUSION ACTIVITIES - Day Trips for Members - Monthly Coffee Mornings & Picnics - Frequent Get Together Events PROGRAMMES HEALTH AND WELLBEING PROGRAMMES - Healthy Eating - Yoga and Pilates - Mindfulness - Zumba Dance EMPLOYMENT & VOLUNTEER PROGRAMME - Employment Programme - Parenting Course - Assertiveness Course - Social Media Training Course - Ongoing volunteer training for members GENERAL SERVICES - Free Essential Shopping - Free advice and advocacy |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Achievements against objectives set |
Para 1.41 | See attached Impact Report |
|---|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | See attached Financial Statement |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | See attached Financial Statement |
| Amount of reserves held | Para 1.22 | See attached Financial Statement |
| Reasons for holding zero reserves |
Para 1.22 | See attached Financial Statement |
| Details of fund materially in deficit |
Para 1.24 | See attached Financial Statement |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | See attached Financial Statement |
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: |
Trustees | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Constitution of a 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 must be appointed by a resolution passed at a properly convened meeting of the charity 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 | ||
Reference and Administrative details
| Charity name | BASSUAH LEGACY FOUNDATION |
|---|---|
| Other name the charity uses | |
Registered charity number |
1185562 |
| Charity’s principal address | 90 Goldhawk Road, Shepherds Bush, London, W12 8HD |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|
| 1 | Fidelis Bassuah | |||
| 2 | Isaac Sarbah | |||
| 3 | Philippa Gittens | |||
| 4 | Philip Obeng | |||
| 5 | Natasha Kataria | |||
| 6 | Finbarr Bassuah | |||
| 7 | ||||
| 8 | ||||
| 9 | ||||
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| 13 | ||||
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| 20 |
– 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 held in this capacity
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)
| Type 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
| Signature(s) | ||
|---|---|---|
| Full name(s) | PHILIP OBENG | |
| Position (eg Secretary, Chair, etc) |
TRUSTEE |
|
| Date | 11/10/2025 |
BASSUAH LEGACV FOUNDATION Sii ingle nlf & Thelr IMPACT REPORT 2024
TABLE OF CONTENTS
4 Foreword 6 Our Team 7 Our Story 9 Year in Numbers 13 Impact At A Glance 15 Real Lives - Members Stories 18 Service Delivery 2024 19 Essential Services 20 Case Study 21 Confidence Programmes 26 Community Events 31 A Holiday To Remember 32 Future Plans
2024 Bassuah Legacy Foundation Impact Report 2
Service Users enjoying our second annual Single Parents Appreciation Night
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2024 Bassuah Legacy Foundation Impact Report
Foreword
In 2024, the Bassuah Legacy Foundation reached new heights, expanding its mission to support single-parent families and vulnerable communities. This year has reinforced our commitment to creating safe spaces, fostering connections, and empowering individuals. Through our programmes and dedicated volunteers, we have not only changed lives but built a lasting legacy of resilience and hope.
We have welcomed more single-parent families seeking support and community, expanded initiatives providing essential shopping, mental health resources, and practical tools for parents, and created safe spaces where families can connect, reducing isolation and fostering belonging. Our volunteers are the backbone of BLF, gaining skills, confidence, and pathways to employment. Many have secured jobs, strengthening their families and contributing to the local economy. Their leadership extends beyond BLF, creating a ripple effect of empowerment in the wider community.
Beyond meeting essential needs, we have given families moments of joy and connection. From unforgettable holidays to vibrant community events, we have ensured that every parent and child feels valued, supported, and never alone. BLF is more than an organisation—it is a movement. This year, we have built a strong network of single parents, volunteers, and supporters, united in the mission to uplift one another and ensure no family is left behind.
As we close 2024, we do so with immense pride and excitement for the future. Our impact is real, and our work continues. With every life changed, we move closer to a future of strength, opportunity, and transformation. Thank you to our members, volunteers, and supporters for making this year one of growth, impact, and hope. The Bassuah Legacy Foundation will continue to stand as a beacon of empowerment for all who need it.
Dr. Christina Konadu CEO & Founder
2024 Bassuah Legacy Foundation Impact Report
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A young service user enjoying the fountains during our trip to Southend-on-Sea.
2024 Bassuah Legacy Foundation Impact Report 5
Our Team
CEO & FOUNDER
Dr. Christina Konadu
PATRON Jamie Meyer Johannes Zachhuber
TRUSTEES
Fidelis Bassuah Finbarr Bassuah Natasha Kataria Philippa Gittens Philip Obeng Isaac Sarbah
2024 FUNDERS
Philip Obeng The National Lottery Isaac Sarbah City Bridge Foundation Hammersmith United Charities FINANCE TEAM GOV.UK London Accountancy Practice (LAP) H&F Giving AKO Foundation FUNDRAISING TEAM LBHF Mark McTaggart Landsec Holy Innocents Church MEMBER LEADERSHIP JN Bank Caroline Allotey-Annan Individual Donors
Eva Averdung Hanane Madani Kylie Sampson Lacey Paulson Malaika Sundiata Olivia Musoke
Ruth Tekli Sandra Santos
2024 Bassuah Legacy Foundation Impact Report 6
OUR STORY SO FAR…
Our mission is to promote social inclusion and relieve the needs of single parents and their children.
We envision a world where single-parent families are empowered to create lasting legacies. We strive to accomplish this through our 5 Aims & Objectives.
2024 Bassuah Legacy Foundation Impact Report 7
OUR STORY SO FAR…
Improving the everyday life of a single parent can be daunting; so much so that many boroughs, organisations, and communities struggle to know where to begin. After conducting thorough research we identified five key areas in which we have focused since our founding in 2019.
1
RAISING AWARENESS of single parenting to combat the stigma associated with being from a single parent household.
2
HEALTH & WELLNESS encouraging single parents and their dependants to become more proactive in taking care of their health and wellbeing
3
EMPOWERMENT through our various support programmes we aim to build the confidence of single parents and their dependants.
4
MOTIVATION & CELEBRATION through recognition of efforts at our awards events.
5
SOCIAL INCLUSION by integrating single parents within the community to improve cohesion.
2024 Bassuah Legacy Foundation Impact Report 8
IN 2 0 2 NUMBERS4 384
94
FAMILIES SUPPORTED
Enhanced well-being and connection opportunities.
ACTIVITIES DELIVERED
Ranging from Essential Support, Training Programmes and Get Together Events.
38[*]
140k
FUNDS RAISED + Through donations and fundraising efforts.
VOLUNTEERS ENGAGED Dedicated 3,368* hours to BLF.
*Recorded & Tracked numbers, actual numbers are significantly higher
13
COMMUNITY
Broadening our impact and resources.PARTNERSHIPS
2024 Bassuah Legacy Foundation Impact Report 9
Membership in Numbers
2024 Bassuah Legacy Foundation Impact Report 10
Membership in Numbers
While 66% of our service users reside in Hammersmith & Fulham, BLF’s impact reaches far beyond. With members in 26 boroughs - including areas beyond London - we are building a network of support for single parents wherever they are. Through community events that foster in-person connections and online programmes accessible to even the busiest families, we ensure that no one is left without the help they need.
2024 Bassuah Legacy Foundation Impact Report 11
2024 Funding
GRANTS
DONORS
COMMUNITY PARTNERS
2024 Bassuah Legacy Foundation Impact Report 12
Impact At A Glance
Of BLF Families reported feeling less isolated as a 96% direct result of artici atin in our services. p p g
“ It made me feel so much loved and cared for because being single mum not easy [a] lot to do financially, emotionally. BLF support me so I don’t have to say I am alone with my children but BLF is with us!! I really appreciate it. ”
Of BLF parents stated that they made meaningful 97% connections through our services.
“ I feel blessed to be part of such a supportive family. I wasn’t feeling myself today but coming to the coffee morning has made all the difference. Thank you so much BLF ”
Of BLF parents noted an improvement in basic 96% skills, helping them better navigate daily life and employment
“
Loved the training. Hearing others express their insecurities made me feel like I'm not alone. By the end of the session I felt more confident knowing that having more assertiveness is a journey of knowing oneself and the more I get to know "what do I want" the more assertive I can be about what I don't want and say no to them. Thank you for this great ” session BLF.
2024 Bassuah Legacy Foundation Impact Report 13
LEGACV ai 2024 Ba ah Legacy F0uh&atn Impact Report 14
REAL LIVES REAL CHANGE
As the Bassuah Legacy Foundation grows, so does our membership - but not only in numbers. So to celebrate our 5 Year Anniversary, we put together a series of videos to represent the 5 years of impact. Each service user reflects on their time within BLF and the impact it has had on them and their dependents lives.
Please click on their names to watch their story.
Ruth’s Story
2024 Bassuah Legacy Foundation Impact Report 15
Please click on their names to watch their story.
Kylie’s Story
Eva’s Story
2024 Bassuah Legacy Foundation Impact Report 16
Please click on their names to watch their story.
’ Flora s Story
’ Nertila s Story
2024 Bassuah Legacy Foundation Impact Report 17
SERVICE DELIVERY2024
BLF supports its membership by providing Essential Services, Confidence Building Programmes, and Community Events that help to achieve the 5 Aims & Objectives. In this photo, our members enjoyed a spring picnic in the park.
2024 Bassuah Legacy Foundation Impact Report 18
ESSENTIAL SERVICES
While supporting our members through activities and events is much appreciated, we know the need for more traditional support exists. Many unexpected things arise when lone parenting and we strive to be the sounding board, partner, and support our members need when navigating through life's trials, challenges and victories.
We fulfill this need through our General Services: Member Advocacy, Signposting, Charity Shop Vouchers and Essential Shopping .
2024 Bassuah Legacy Foundation Impact Report 19
CASE STUDY ESSENTIAL SHOPPING
Not every family has the same needs—this programme ensures they can shop for what truly matters. Launched in 2021, Essential Shopping allows low-income families to choose their own groceries, accommodating dietary, cultural/religious, and personal preferences. More than just financial support, it’s about dignity, choice, and meeting real needs.
Key Impact Stats
194 families supported in 2024
£5,700+ distributed in direct grocery support
18 sessions held throughout 2024
- “ Thank you BLF for my Essential Shopping today! My cupboards and fridge thank you too. Really appreciate the opportunity and your ongoing support!
”
2024 Bassuah Legacy Foundation Impact Report 20
CONFIDENCE BUILDING PROGRAMMES
Entering into 2024, we were able to cater our slate of programmes directly to our members desires. Having conducted a survey directly with the service users, they informed us of the programmes that would be most useful and beneficial to thems. This decision was reflected in the attendance surpassing years past.
2024 Bassuah Legacy Foundation Impact Report 21
JANUARY Healthy Eating
Our highest-attended programme of the year, this session provided practical tips for healthy, budget-friendly meals to nourish both parents and children. With in-person and online access, members left feeling empowered to make healthier choices for their families.
“The programme is insightful and includes a lot of useful information for anyone making the conscious choice to make healthy adjustments to their diet. I love that it’s inclusive of families with children and people on a budget. Really positive and welcoming experience ”
FEBRUARY Petit Miracles
Introduced during the colder months, this course offered a space for creativity, connection, and calm through hands-on learning. Led by two of our own service users, it was a beautiful reminder of the power of community and shared skills .
“Felt very relaxed. I could focus as I didn’t have my kids. I could get involved properly at the task. I enjoyed every bit of the workshop. Learnt some fantastic stuff. Would like for it to happen again. Or maybe attend other workshops they have.”
FEBRUARY Crochet + Stitchery
Introduced during the colder months, this course offered a space for creativity, connection, and calm through hands-on learning. Led by two of our own service users, it was a beautiful reminder of the power of community and shared skills .
xx
“Its been a challenging time these couple if weeks but sitting in the coffee was such an escape and the crochet was very helpful to keep me focused and block out the worries of life for a while. Very grateful for these outlets thank you BLF and the whole team.”
2024 Bassuah Legacy Foundation Impact Report 22
APRIL Mindfulness
A surprisingly popular programme, this session introduced simple yet powerful mindfulness techniques to help members find balance in daily life. Many attendees were so inspired that they requested materials to continue their practice at home .
“I need to be a bit gentle with myself. I can't pour from an empty cup, so I need to be enough and be kind to myself so that I treat others better.”
MAY Social Media Training
Taught by a BLF Member Leader, this course helped attendees gain confidence in using social media platforms like Instagram, Facebook, TikTok, and Snapchat. With live tutorials and hands-on practice, members walked away with practical skills they could apply immediately .
“As a technophobe, the basic social media session introduced me to social media skills which was really rewarding. I actually managed to make a post. Thx so much!”
JUNE
BLF Shop Training
Essential for our volunteers, this training—led by a Member Leader—covered till operations, customer service, and shop procedures . The sessions provided crucial real-world skills that can be applied in any workplace.
“This programme has made me feel part of the BLF family. Also is a very interactive way of getting to know more about my BLF and how things are done.”
2024 Bassuah Legacy Foundation Impact Report 23
JULY Assertiveness Course
This empowering session helped members develop positive assertiveness skills to navigate personal, professional, and everyday interactions with confidence. Attendees left feeling more equipped to express themselves effectively .
“Loved the training. Hearing others express their insecurities made me feel like I'm not alone. By the end of the session I felt more confident knowing that having more assertiveness is a journey of knowing oneself and the more I get to know "what do I want" the more assertive I can be about what I don't want and say no to them. Thank you for this great session BLF.”
AUGUST Zumba
After a spontaneous dance break at a BLF event, members requested a full Zumba session—and we delivered! This high-energy, in-person class brought laughter, movement, and connection , making fitness fun for all.
“It was fun to get together with others and have fun while exercising.The teacher made it easy to feel silly while dancing and it was easy to make friends.”
SEPTEMBER Parenting Course In partnership with the Masbro Centre, this programme created a safe, non-judgmental space for parents to ask questions and share experiences. With expert guidance, attendees gained practical tools and reassurance in their parenting journey.
“I felt the programme looked at parenting skills that usually used but looked at various ways of implementation.”
2024 Bassuah Legacy Foundation Impact Report 24
OCTOBER Yoga Course
Our final programme of the year, this session—run in partnership with Lumi Foundation—offered much-needed relaxation before the holiday season . Through gentle movement and breathwork, members found a moment of calm amidst the year-end rush .
“I loved taking an hour out of my life to calm down and just focus on my mind and my body.”
2024 Bassuah Legacy Foundation Impact Report 25
COMMUNITY EVENTS
Through our Community Events, we are striving to provide safe spaces for our service users to connect, relax, and enjoy life. In this photo, one of our Member Leaders is showcasing her country of birth in our “Cultural Catwalk” at the Single Parents Appreciation Night.
2024 Bassuah Legacy Foundation Impact Report 26
SINGLE PARENTS 18 APPRECIATION NIGHT MAY
A Night of Celebration: Honoring the Strength of Single Parents
Single parents make incredible sacrifices every day, and SPAN is our way of celebrating their resilience, achievements, and unwavering love. This event is a thank-you—an evening of joy, recognition, and community, where parents can unwind, connect, and enjoy a well-deserved celebration with their families.
The Evening Featured:
Henna & Face Painting – Creative fun for parents and children alike.
DJ & Zumba – A night filled with music, dancing, and high-energy fun.
Culture Catwalk – A stunning showcase of heritage and identity. Raffle & Prizes – Generous donations from local businesses for our attendees.
Warm Meal & Play Area – A welcoming space for families to enjoy.
Presentation of Awards – Various acknowledgements for our service users achievements over the past year.
2024 Bassuah Legacy Foundation Impact Report 27
SINGLE PARENTS 18 APPRECIATION NIGHT MAY
“
I felt so special at this event because I was recognised and received a Certificate of Appreciation as a Daily Champion volunteer. Words fail me to express my happiness and gratitude of the recognition and I thank the Organisers of BLF for making me a Special person. Thank you all the members of ” BLF.
SPAN is more than just an event—it’s a space where new friendships are formed, laughter shared, and parents leave feeling uplifted and connected. From table quizzes to shared meals, every moment is about celebrating together.
“
FANTASTIC loved every minute of the event from planning with the team, collect donations, putting everything together on the day of event and watching it being presented. WELL DONE ALL LEADERS!!!! Looking forward to more from BLF. Kids enjoyed themselves, food was ” amazing, music was lovely too
2024 Bassuah Legacy Foundation Impact Report 28
In July, 132 of our service users joined us for a day trip to the London Zoo! The day was full of fun, exploration, education, and the joy of making new friends. LONDON ZOO 2024 Bassuah Legacy Foundation Impact Report 20 JUNE
2024 Bassuah Legacy Foundation Impact Report 29
In spite of windy weather, 147 members enjoyed our yearly trip to the Seaside! With two coaches taking off from outside the BLF Charity Shop, our members enjoyed watching their children run into the sea, eat fish and chips on the pier, and play in the fountains along the pavement.
SOUTHEND-ON-SEA 22 AUGUST
2024 Bassuah Legacy Foundation Impact Report 30
A HOLIDAY TO REMEMBER BLF x W12 For many BLF families, holidays remain an unattainable luxury. Thanks to TOGETHER our partnership with W12 Together, a group of our service users had the rare opportunity to enjoy a free holiday at a leisure park during the October school break. This special trip allowed families to relax, reconnect, and build lifelong memories—without the financial strain.
“This Dorset Holiday Park trip has truly been a remarkable experience, reducing stress and easing any anxiety I had, leaving me with a fresh outlook for the coming year. It has honestly been one of the best holiday destinations I’ve experienced since joining BLF. Spending five days here, I was able to participate in every activity alongside everyone, and it has really transformed my perspective, especially regarding single parents. It’s also given me the confidence to continue forward with renewed strength. I feel blessed.”
With the support of partners like W12 Together, BLF continues to open doors to experiences that many families would otherwise miss out on. By providing opportunities like this, we empower parents and children alike—one unforgettable memory at a time.
2024 Bassuah Legacy Foundation Impact Report 31
Future Plans
As we look ahead to 2025, our focus is on strengthening the BLF community by nurturing our service users and encouraging deeper engagement. We want to create more opportunities for participation, ensuring that every individual who connects with BLF feels valued and supported. By fostering stronger connections among our members, we aim to build a more engaged and empowered network that thrives together.
Sustaining our impact requires strategic growth, and a key priority for the year is expanding our fundraising efforts. With increased financial support, we can continue delivering essential programmes, create new opportunities for our members, and secure long-term sustainability for BLF’s mission.
Additionally, we are committed to improving how we share information, making it easier for our members to access services and stay informed. By streamlining communication and ensuring greater visibility of our work, we will strengthen engagement and make it simpler for service users, volunteers, and supporters to connect with BLF. Our vision for 2025 is clear—to build a stronger, more accessible, and sustainable foundation for the future.
2024 Bassuah Legacy Foundation Impact Report 32
BIISSUIIH LEGQCV FOUNDATION iippiirtiiix 3inxle Piirenl.¥ & Their C-hililrcii 33
BASSUAH LEGACY FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024 REGISTERED CHARITY (CIO) NO 1185562
LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE15 6JL
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BASSUAH LEGACY FOUNDATION REGISTERED CHARITY (CIO) NO 1185562 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| FOR THE YEAR ENDED 31 DECEMBER 2024 | |
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| Page | |
| CONTENTS 2 |
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Charity Information 3 |
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Report of Directors/Trustees 4-6 |
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Independent Examiners Report 7 |
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Statement of Financial Activities 8 |
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Balance Sheet 9 |
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Notes to the Accounts |
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| Detailed Income and Expenditure |
11 |
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BASSUAH LEGACY FOUNDATION REGISTERED CHARITY (CIO) NO 1185562 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ADMINISTRATIVE/LEGAL INFORMATION
DIRECTORS/TRUSTEES Natasha Kataria…........Trustee Fidelis Bassuah……....Trustee Isaac Sarbah.................Trustee Philippa Gittens ...........Trustee Philip Obeng..................Trustee Finbarr Bassuah…….....Trustee REGISTERED OFFICE BASSUAH LEGACY FOUNDATION 90 Goldhawk Road, Shepherd`s Bush London W12 8HD
BANKERS Metro Bank One Southampton Row LONDON WC1B 5HA INDEPENDENT EXAMINER London Accountancy Practice Sojourner Truth Centre 161 Sumner Road London SE15 6JL
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BASSUAH LEGACY FOUNDATION REGISTERED CHARITY (CIO) NO 1185562 REPORT OF THE DIRECTORS/TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2024
The Directors/Trustees present their Annual Report and Financial Statement for the year ending 31 December 2024.
AIMS AND OBJECTIVES
To relieve the needs of, and promote social inclusion among, single parents and their children. Who are socially and economically deprived, within the London area, through the provision of:
A) Education, support and advice in all areas relating to single parenthood.
B) Facilities in the interests of social welfare for recreation or other leisure time occupation with the object of improving their conditions of life.
TRUSTEES’ REPORT
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service.
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BASSUAH LEGACY FOUNDATION MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
The results of the year’s operation are set out in the attached financial statements. The net movement in funds for the year amounted to -£11,014 compared with surplus of £9,721 in 2023. The retained reserves at 31st December 2024 amounted to (£1,128) and £9,886.00 in 2023
RESERVE POLICY
The Charity Commission requires charities to determine and explain their policy for free reserves. The trustees have reviewed the organisation’s free reserves policy and have turned its entire unrestricted fund into an emergency reserve to enable Bassuah Legacy Foundation to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure.
RISK MANAGEMENT
The trustees have examined the major risks which Bassuah Legacy Foundation faces and believe that maintaining their free reserves at a reasonable level, combined with their annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
TANGIBLE FIXED ASSETS
The organisation has no fixed assets
FUNDS AVAILABLE
The present level of funding is adequate to support the continuation of the charity operations for the medium term, and the trustees consider the financial position of the charity to be satisfactory.
VOLUNTEERS
BASSUAH LEGACY FOUNDATION recognises the significant contributions made by the volunteers.
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BASSUAH LEGACY FOUNDATION STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees are required to prepare financial statements which give a true and fair view of the state of affairs of the project and of the income and expenditure of the project for that period. In preparing these financial statements, the management committee are required to:
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select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is
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inappropriate to presume that the project will continue in operation.
The Trustees are responsible for keeping proper records which disclose at any time the financial position of the project. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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BASSUAH LEGACY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BASSUAH LEGACY FOUNDATION Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine Ihe accounts under section 145 of the 2011 Acl; to follow the procedures laid dowm in the general Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act; and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordan wtth the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a companson of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all Ihe evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's report I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination. (other than that disclosed below) which gives me cause to believe that in any material respect.. The accounting records were not kept in accordance with the section 130 of the Charities Act,. or The accounts did not accord with the accounting records" or The accounts did not comply wtth the applicable requirements conceming the fom and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account gtve a true and fair, which is nol a matter a matter considered as part of the independent examination. I have no concems and have come across no other matter in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of this account to be reached. Signed.... A Adebambo, MB For London Accountancy Practice. Sojoumer Truth Centre 161 Sumner Road London SE15 6JL ..Date:..l Q , ACG,
BASSUAH LEGACY FOUNDATION ICIOI FINANcL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrictsd Restricted 2024 2023 Fundl£l Fundl£l Totall£l Totall£l 6450 6,450 85 998 42,664 42,664 35,313 14,7 1,7 198 80.985 80,985 95,892 146,711 122,654 INCOMING RESOURCES Voluntary Incorne & Donation5 Sales Reven Ttustee loan Indiiect Sa$ ReVere Revenue setmces Pioiectfunds Totsl Incoming Resources 14,g)7 1,507 1,343 50819 RESOURCES EXPENDED 49.833 107.893 ' 157,726 112,933 Nel kncornitu Resources 12,000 11,014 9,721 BaL9n Bro Fotward 7,803 9.886 165 Balln Carned Fotward 3,069 4,197 9,886
BASSUAH LEGACY FOUNDATION ICIOI BALANCE SHEET ASAT31 DECEMBER2024 CURRENTASSET 2024 2023 Debtors Cash at Bank 14.907 12,000 5656 17,656 21.699 CURRENTLIABILITIES Ciedilors aTwJ Accruals 22 827 -1,128 7.770 9,886 FINANCED BY FUNDS." Unrestntted FuThJ Reslncted Fu 3,069 4.197 1,128 2083 7803 9,886 11th October Approved by the &xrd of Trustees on..................................2025 and signed otb its behalf by Trustee Philip Obeng
BASSUAH LEGACY FOUNDATION REGISTERED CHARITY (CIO) NO 1185562 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1.1 Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and include the results of the charity’s operations which are described in the Management Committee’s Report and all of which are continuing. The accounts have been prepared in accordance with the Statements of Recommended Practice for charity accounts.
The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements to produce a cash flow statement on the grounds that it qualifies as a small charity
1.2 Incoming Resources
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1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable, unless they relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period.
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1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities.
1.3 Restricted Funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs.
1.4 Unrestricted Funds
Unrestricted funds are donations and other incomes received or generated for the objects of the organisation without further specified purpose and are available for general funds.
1.5 Designated Funds
Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.
1.6 Tangible Fixed Assets
All expenditure that related to equipment has been charged to the Statement of Financial Activities in the year of acquisition. A register of assets is maintained.
2024 2023 2 . CREDITORS £ £ Accountancy Fee 800 650
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2. Included in the creditor figure is the trustees’ loan to the charity.
This provision is made in the accounts should the trustees decide at one stage to
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BASSUAH LEGACY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BASSUAH LEGACY FOUNDATION Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine Ihe accounts under section 145 of the 2011 Acl; to follow the procedures laid dowm in the general Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act; and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordan wtth the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a companson of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all Ihe evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's report I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination. (other than that disclosed below) which gives me cause to believe that in any material respect.. The accounting records were not kept in accordance with the section 130 of the Charities Act,. or The accounts did not accord with the accounting records" or The accounts did not comply wtth the applicable requirements conceming the fom and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account gtve a true and fair, which is nol a matter a matter considered as part of the independent examination. I have no concems and have come across no other matter in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of this account to be reached. Signed.... A Adebambo, MB For London Accountancy Practice. Sojoumer Truth Centre 161 Sumner Road London SE15 6JL ..Date:..l Q , ACG,