2023-07-31-accounts - Magic Aid

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date Day01 Month08 Year2022 Day31 Month07 Year2023

From

Section A Reference and administration details

Charity name Magic Aid Other names charity is known by Registered charity number (if any) 1186303 Charity's principal address Flat 17 Musgrave Court 110 Battersea Bridge Road London Postcode SW11 3AN

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)
	Moevi Akakpo			Moevi Akakpo
	Moses Sekasi

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

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

Constitution

Type of governing document (eg. trust deed, constitution) Association How the charity is constituted

(eg. trust, association, company)

Appointed by the Charity’s Board Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

The object of the CIO is the prevention or relief of poverty in developing countries by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve Summary of the objects of the poverty. The provision of basic supplies, such as children’s clothes and charity set out in its shoes, books and other personal or educational supplies to help families, governing document children and schools throughout developing countries that are unable to afford them. The provision of equipment and funds for recreational pursuits or training intended to bring the quality of life of the beneficiaries to a reasonable standard, providing education, training, healthcare

TAR

March 2012

projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

During this reporting period Magic Aid has made a small grant towards school's fees of orphans who would have not attend school and pursue their education without Magic Aid’s support. The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

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)

Additional details of objectives and activities (Optional information)

TAR

March 2012

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

TAR

March 2012

Section D Achievements and erformance p

Summary of the main achievements of the charity Scholarship support. Thanks to Magic Aid’s support, orphans were able during the year to pursue their education.

TAR

March 2012

Section E Financial review

N/A

Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

N/A

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);

Magic Aid’s principal source of funds in this reporting year is fundraising through collection boxes.

All funds raised went to support orphans' scholarship. Trustees voluntarily supported all expenditure such as travel from store to store to collect and to deposit at bank funds raised via collection boxes.

how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Moevi Akakpo Position (eg Secretary, Chair, Chair etc) Date 01/07/24

TAR

March 2012

Charity Name

No (if any)

Recei ts and a ments accounts p p y

For the period from	01/08/2022	To	31/07/2023

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £ 0	Endowment funds to the nearest £ 0	Total funds to the nearest £
	253	-		253
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
*Sub total*(Gross income for AR)	253	-	-	253

A2 Asset and investment sales, (see table).
	-			-
	-			-
*Sub total*	-			-
*Total receipts* A3 Payments
				253

	228	-	-	228
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
**Sub total **	228	-	-	228

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* CCXX R1 accounts (SS)
				228

	25	-	-	25
	-	-	-	-
	-	-	-	-
	25	- 1	-	25

CCXX R2 accounts ISSI

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds CCXX R3 accounts (SS)	Details *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds to nearest £	Restricted funds to nearest £
		-	-
		-	-
		-	-
			-
			OK
			Restricted funds to nearest £
	N/A	-	-
		-	-
		-	-
		-	-
		-	-
		-	-
	Details	Fund to which asset belongs	Cost (optional)
	N/A		-
			-
			-
			-
			-
	Details	Fund to which asset belongs	Cost (optional)
	N/A		-
			-
			-
			-
			-
			-
			-
			-
			-
	Details	Fund to which liability relates	Amount due (optional)
	Collection Boxes and printing cost.	210	210
			-
	3		-

CCXX R3 accounts (SS)

Signed by one or two trustees on behalf of all the trustees

		-
		-
Signature	Print Name
	Moevi Akakpo

CCXX R4 accounts (SS)

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CC16a
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Last year

to the nearest £

- 210 - - - - - - - - 210

- 210

- 210 - - - - - - - - - 210

- 210 - - - - 5

CCXX R5 accounts (SS)

CCXX R6 accounts ISSI

Endowment funds

to nearest £

Endowment funds to nearest £

Current value (optional)

When due (optional) 7

CCXX R7 accounts (SS)

Date of approval 03/07/2024

CCXX R8 accounts (SS)