Trustees' Annual Report for the period
| Period start date | Period start date | Period end date | Period end date | ||||
|---|---|---|---|---|---|---|---|
| 01 | August | 2023 | 31 | July | 2024 | ||
| From | To |
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
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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
- (eg. trust deed, constitution)
Association How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
Appointed by the Charity’s Board
(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 to prevent and relieve poverty in developing countries, England and Wales, by providing grants, items and services to individuals in need, charitable organisations as well as other organisations Summary of the objects of the of similar objectives. The provision of basic supplies such as children's charity set out in its clothes and shoes, books and other personal or educational supplies to governing document help families, children, schools and students who 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 beneficiary to a reasonable standard by providing educational training, running healthcare
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projects and all the necessary support designed to enable individuals to generate a sustainable income to become be self-sufficient During this reporting period, Magic Aid had continued to make a small donation towards the scholarships of beneficiaries/orphans who would not have pursued their education owing to financial hardship caused by poverty. Magic Aid had also run a fundraising campaign to raise just over £2000 through crowdfunding (GoFundMe) to contribute towards the cost of a major spinal surgery of one benefit of its beneficiaries. Magic Aid shipped apparel to Togo and distributed them to poorest patients in children hospital Summary of the main activities undertaken for the The trustees have had regard to the guidance issued by the Charity public benefit in relation to Commission on public benefit. 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)
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You may choose to include further statements, where relevant, about:
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policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and performance
Summary of the main Paid beneficiaries’ scholarships achievements of the charity during the year Contributed towards the cost of a major surgical operation of one of its beneficiaries Shipped apparel to Togo and distributed them in children hospital
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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 remained raising funds through collection boxes, though on one occasion, it had also raised funds through crowdfunding: GoFund Me.
Trustees voluntarily supported all expenditure such as transportation either public or private.
-
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) Mr Moevi Akakpo Position (eg Secretary, Chair, Chair etc) Date 26/05/2025
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Charity Name No (if any)
Recei ts and a ments accounts p p y
CC16a
For the period Period start date Period end date To from 1-Aug-23 31-Jul-24
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
| 2,849 | - | - | 2,849 | 253 | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
2,849 | - | - | 2,849 | 253 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| 253 | |||||||||
| 2,889 | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| **Sub total ** | 2,889 | - | |||||||
| 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 |
|||||||||
| - | |||||||||
| - 40 | 253 | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - 40 | 253 |
CCXX R1 accounts (SS)
5/27/2025
1
| 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 | 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 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)) N/A Details |
Unrestricted funds to nearest £ 1 - - 1 Agreement Error Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) |
Endowment funds to nearest £ |
|||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| OK | |||||||
| Endowment funds to nearest £ |
|||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Current value (optional) |
|||||||
| N/A | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||
| Collection boxes | Unrestricted | - | - | ||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||||
| Collection Boxes and printing cost reduced ~~to £150 as £60 was reimbursed~~ |
Unrestricted | 150 | |||||
| ~~.~~ | - | ||||||
| - | |||||||
| - | |||||||
| - | |||||||
| Signature | Print Name Mr Moevi Akakpo |
||||||
| Date of approval |
|||||||
| Mr Moevi Akakpo | 5/26/2025 | ||||||
CCXX R2 accounts (SS)
5/27/2025
2