2024-12-31-accounts - Zitases Foundation CIO

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

From 01/01/2024 Period start date To 31/12/2025 Period end date

Charity name: ZITASES FOUNDATION CIO

Charity registration number: 1187673

Objectives and Activities

Objectives and Activities
	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	THE PREVENTION OR RELIEF OF POVERTY IN THE UK (INCLUDING HOMELESSNESS AND MENTAL HEALTH ISSUES), AND OTHER AFRICAN COUNTRIES, IN PARTICULAR BUT NOT EXCLUSIVELY NIGERIA, BY PROVIDING SUPPORT AND ASSISTANCE, GRANTS, ITEMS AND SERVICES TO CHARITIES OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY. THE PREVENTION OR RELIEF OF POVERTY IN THE UK (INCLUDING HOMELESSNESS AND MENTAL HEALTH ISSUES), AND OTHER AFRICAN COUNTRIES, IN PARTICULAR BUT NOT EXCLUSIVELY NIGERIA, BY PROVIDING SUPPORT AND ASSISTANCE, GRANTS, ITEMS AND SERVICES TO CHARITIES OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.
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	A Charity Foundation committed to transforming lives and giving hope to vulnerable individuals, by supporting the less-privileged, disability, homelessness, mental health and well-being, young adults and children in care, orphanages and the general eradication of poverty. We help to sponsor

		programmes and projects for empowerment and help give individuals the opportunity to live a better and healthier life. Our activities include assistance and enabling of Disability, The Prevention Or Relief Of Poverty, Education/training, General Charitable Purposes. The Advancement Of Health Or Saving Of Lives Overseas Aid/famine Relief Recreation Other Charitable Purposes.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We, the members of trustees of ZITASES FOUNDATION CIO, have great regards to all the guidance issued 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	As stated in our constitution
Policy on social investment including program related investment	Para 1.38	In due compliance and as stipulated in our charity activities.
Contribution made by volunteers	Para 1.38	Our volunteers assist in carrying out activities for the charity as available. They contribute to the smooth and effective distributions during charity work.
Other

Achievements and Performance

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	Our Charity activities covered areas such as; Children/young People, Elderly/old People, People with Disabilities, Working with other Charities Or Voluntary Bodies. Some of our charity work also included working with the General Public/mankind. For example in the field work of distribution of face masks and hand sanitizers on the streets and some shopping areas in London. We work with People of various ethnicities and races. We hosted a fundraising event to help raise funds for Cancer Now UK in February2020. We took part in the distribution of palliatives, sanitizers and other hygiene needs to care homes in the south east of London during the height of the pandemic crisis of the COVID-19 and the subsequent lockdown period to help combat the diseases. In December 2020 ending, we visited the homeless people in the city of London, distributing Christmas gifts, warm clothes and hot meals, and also giving out lots of hygiene care packs with hand gels, face masks and toiletries to help them protect themselves and keep safe.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Our achievements are in line with the objectives set in our charity constitution and as specified by the charity commission UK.
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41	Our charity investment performance is below the average due to the current covid19 pandemic. However, our investment performance is within our charity objectives.
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21
Statement explaining the policy for holding reserves stating why they are held	Para 1.22
Amount of reserves held	Para 1.22
Reasonsfor holdingzeroreserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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	Through grant funding, donations and fundraising.
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:
Type of governing document (trust deed, royal charter)	Para 1.25	Charity Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	As a Charitable Incorporated Organization
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	Apart from the first charity trustees, every trustee 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	In selecting individuals for charity trustee appointments, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The charity trustees will make available to each new trustee, on or before his or her first appointment 1. A copy of the current version of the constitution; and 2. A copy of the CIO’s latest Trustees’ Annual Report and statement of accounts.
Relationship with any related parties	Para 1.51	There is no clause in the relationship of trustee appointment with any related parties. However, every charity trustee must be a natural person and no individual may be appointed as a charity trustee of the CIO if he or she is under the age of 16 years.
Other

Reference and Administrative details

Charity name	ZITASES FOUNDATION CIO
Other name the charity uses	Zitases Support Need Foundation
Registered charity number	1187673
Charity’s principal address	No. 6 Merrimans View Upper Luton Road. Chatham. ME5 7BN

Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	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	Linda-Zita Ifeoma Imo		From January 2019 to date	Charity Founder; Linda Imo
2	Theresa Modupe Adetona		From January 2019 to date	Charity Founder; Linda Imo
3	Beverley-Bridget Oluchukwu Adolphus		From January 2019 to date	Charity Founder; Linda Imo
4	Fayemi A. Oluwaseun		From December 2022 to date	Charity Trustees of ZITASES FOUNDATION CIO
5	Chizube Nwadike		From August 2023 to date
6	Justina Amarah Nawah		From August 2023 to date
7
8
9
10
11
12
13
14
15
16
17
18
19
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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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	Type of adviser Name Address	Type of adviser Name Address	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) L.Z.Imo Full name(s) Linda-Zita Ifeoma Imo Position (eg Secretary, Chair and Trustee Chair, etc) Date 30/09/25

Linda Ifeoma Imo 22A Stuart Road DA11 0BZ Gravesend Kent

10th May 2024

Your Statement of Fees

Hello Linda Ifeoma Imo

Your annual statement of fees is now available and detailed in the letter attached.

It provides a rundown of all the fees we�ve charged you over the given timeframe within the statement in a standard format, providing you full transparency for fees you�ve paid.

For more information about fees specific to your account, please read your account terms and conditions, which you�ll find in Online Banking and the Cashplus banking app.

Thanks

The Cashplus Team

Advanced Payment Solutions Limited (APS), trading as Cashplus Bank, is registered in England and Wales at Cottons Centre, Cottons Lane, London SE1 2QG (No.04947027). APS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 671140. APS provides credit facilities subject to approval and affordability, and where accounts continue to meet APS credit criteria.

MAR.ALL.LET.T.4882.05.23

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Statement of Fees

Cashplus

Cottons Centre, Cottons Lane, London, SE1 2QG 0330 024 0924 www.cashplus.com

Linda Ifeoma Imo Zitases Foundation Cio 22A Stuart Road DA11 0BZ Gravesend Kent

Account	Business Current Account
Account identification	Account Number: 00081958 Sort Code: 08-71-99
Period	From 10th May2023 to 09th May2024
Date	10th May2024

This document provides you with an overview of all the fees for services linked to your payment account during the period shown above.
It also informs you about any interest you may have paid or earned during this time.
Information on individual transactions and account balance can be found on your account statements.

Summary of fees and interest

Total fees paid (total package of services fees and total fees paid)	Total fees paid (total package of services fees and total fees paid)	Total fees paid (total package of services fees and total fees paid)	£5.44

Total interest paid		interest not applicable

Total interest earned		interest not applicable

Advanced Payment Solutions Limited (APS), trading as Cashplus Bank, is registered in England and Wales at Cottons Centre, Cottons Lane, London SE1 2QG (No.04947027). APS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 671140. APS provides credit facilities subject to approval and affordability, and where accounts continue to meet APS credit criteria.

MAR.ALL.LET.T.4882.05.23

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Detailed statement of fees paid on the account

Service			Fee
Service	Number of times the service was used	Unit fee	Number of times the fee was charged	Total
General account services
Maintaining the account1		£0.00	fee not charged	£0.00
Payments (excluding cards)
Sending money within the UK Direct Debit Standing order Receiving money from outside the UK		£0.00 £0.00 £0.00 £0.00	fee not charged fee not charged fee not charged fee not charged	£0.00 £0.00 £0.00 £0.00
Refusing a payment due to lack of funds
Direct Debit Rejected Payment Fee		£0.00	fee not charged	£0.00
Cards and cash
Debit card payment in pounds fee Card issue fee Additional card, replacement or renewal fee Funds deposited at Post Offices fee Cash withdrawal in pounds in the UK	2	£0.00 £0.00 £0.00 £0.00 £2.00	fee not charged fee not charged fee not charged fee not charged 2	£0.00 £0.00 £0.00 £0.00 £4.00

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Cash Advances at bank or Quasi Cash Transaction fees Cash withdrawal in foreign currency outside the UK Debit card payment in a foreign currency	£0.00 £0.00 £0.12	fee not charged fee not charged 12	£0.00 £0.00 £1.44
Overdrafts and related services
Arranged overdraft Unarranged overdraft Refusing a payment due to a lack of funds Allowing a payment despite lack of funds	£0.00 £0.00 £0.00 £0.00	fee not charged fee not charged fee not charged fee not charged	£0.00 £0.00 £0.00 £0.00
Other services
Cancelling a cheque	£0.00	fee not charged	£0.00
Total fees paid			£5.44

Detail of interest paid on the account

	Interest rate	Interest
Arranged overdraft	0.0%	interest not applicable
Total interest paid		interest not applicable

Detail of interest earned on the account

	Interest rate	Interest
Business Current Account	0.0%	interest not applicable
Total interest earned		interest not applicable

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Additional information

Your statement includes any fees that were refunded or corrected. For more details, please refer to your account statements.

A refund is where a charge has been taken from your account but has since been refunded.

1 This fee applies from when You first deposit funds to Your Account and will be chargeable on the same day each month as You activated Your Account � except when Your available balance is zero.

For more details on specific charges applicable to your account, please read your account terms and conditions. These are available in Online Banking and the Cashplus banking app.

MAR.ALL.LET.T.4882.05.23

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