OpenCharities

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2024-07-31-accounts

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

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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

March 2012

TAR

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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

Association How the charity is constituted

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:

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:

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:

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.

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

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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

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