## **Trustees’ Annual Report for the period** **From 01/01/2023 Period start date to 31/12/2023 Period end date** **Charity name: DE NORSEMEN KLUB INTERNATIONAL UK (DNKI)** ## **Charity registration number: 1189176** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the
purposes of the charity
as set out in its
governing document|Para 1.17|The relief of poverty of the people who are homeless and rough sleepers
in London and surrounding areas by the provision of food, clothes, and
other items and services.
by the provision of food and clothes
by the provision of other items and services
by Provision of vocational training, upskilling, and soft skills| |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|We had another great year, further helping those in homeless and
vulnerable situations who seek support and help. With limited resources,
we managed to support individuals during the financial period, we
distributed food to individuals and charities across the London borough of
Lewisham and offered free advice to those in need| |A statement confirming
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit|Para 1.18|The trustees are responsible for preparing reports and financial statements
in accordance with applicable laws and regulations.
The trustees are responsible for keeping adequate accounting records that
are sufficient to show and explain the charity’s transactions and disclose
with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements comply with the
Companies Act 2006 and the Charity Act 2011 and the Charity (Accounts
and Reports) Regulations 2008. They are also responsible for
safeguarding the assets of the company and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities
The trustees are responsible for the maintenance and integrity of the
corporate and financial information included on the company's website
where relevant. Legislation in the United Kingdom governing the reparation
and dissemination of financial statements may differ from legislation in
other jurisdictions.| **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|The trustees have the power to invest in such assets as
they see fit.| |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|This year we raised a total of about £5,170.05 and
spent about £2,492.93 to provide support to the public
and support our members. We will continue to have as
our aim the vision of raising at least £10000 a year to
fulfill our charitable aims and objectives by meeting the
needs of people who are homeless and rough sleeping.
This objective is key to our success and we will
continue to go from strength to strength.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against the objectives
set|Para 1.41|| |Performance of fundraising activities
against objectives set|Para 1.41|The Charity depends entirely on membership monthly
subscription and donations by members for its
incoming resources.| |Investment performance against
objectives|Para 1.41|Currently, the charity holds no investments. The charity
hopes to go into low-risk investment soon which will
add to the reserves for future developments.| |Other||| ## **Financial Review** |Review of the charity’s financial
position at the end of the period|Para 1.21|we solely rely on membership monthly subscriptions
and generous donations by individual members and
were able to effectively spread out the funds to be
used in reaching out to as many people as possible.
The charity hope to holds investments primarily in low
risk business that will provide a relatively stable
stream of income throughout the year. The
performance of these investments will be in line with
expectations.
The trustees will use a risk management strategy to
examine the major strategic, operational, and financial
risks that the Charity faces and where possible,
systems will been implemented to mitigate those
risks and minimise the impact on the Charity should
those risks materialise.
Thereon to carry out an annual review of risks and act
accordingly. A key element is financial sustainability
and management of risk by a reserves policy to
ensure the retention of sufficient working capital.| |---|---|---| |Statement explaining the policy for
holding reserves stating why they are
held|Para 1.22|It is the policy of the organisation to maintain
unrestricted funds, which are the free reserves of the
charity at all levels that equate to approximately six
months of unrestricted expenditure. This provides
sufficient funds to cover management administration
and support costs and to respond to emergency
applications that may arise from time to time.
Unrestricted funds were maintained at this level
throughout the year.| |Amount of reserves held|Para 1.22|| |Reasons for holding zero reserves|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|| |Reasons for holding zero reserves
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|Reasons for holding zero reserves
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|| |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**||| |Descriptionofcharity’s trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|CIO registration-23 April 2020- It has stated objects
and powers under its Memorandum of Association
and is governed under its Articles of Association.| |How is the charity constituted?
(e.g unincorporated association, CIO)|Para 1.25|The organisation is a charitable incorporated
organisation (CIO), having been incorporated on 27
October 2019 and gained charitable status on 23 April
2020.| |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|Upon a vacancy, arising, current Trustees will discuss
suitable candidates and then invite a member of the
Society to become a Trustee(Appointed by agreement
of the existing 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|There is little formal training required, as the decision-
making process of the Society is relatively simple.| |The charity’s organisational structure
and any wider network with which the
charity works|Para 1.51|The Trustees are responsible for all decisions affecting
the charity.| |Relationship with any related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charityname|**DE NORSEMEN KLUB INTERNATIONAL UK (DNKI)**| |---|---| |Other names the charity uses|Britannia MMP| |Registered charitynumber|1189176| |Charity’s principal address|72 Lee High Road
London
SE13 5PT| ||| ## **Names of the charity trustees who manage the charity** |1|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Mr Tonye Alagoa|||| 2 Mr Ruff Ukalike 3 Mr Nkem Njoku 4 Mr H Emeka Akubeze ## **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)** Ruff Ukalike **Position (eg Secretary, Chair, etc)** Trustee **Date** 31/12/2023 |||| |---|---|---| |||| ||**For the period from**|**1/1/2023**| |||| |**Section A Receipts and payments**||| |**A1 Receipts**||| |**New Member Registration fees**|**30.00**|| |**Membership Monthly subscriptions**|**3,840.00**|| |**Voluntary Receipts**|**200.00**|| |**Loan repayments received**|**100.00**|| |**Contributions- Bereavement Support**|**1,000.05**|| |**_Sub total_**_(Gross income for AR)_|**5,170.05**|| |||| |**A2 Asset and investment sales, (see table).**||| ||**0.00**|| ||**0.00**|| |**_Sub total_**|**0.00**|| |**_Total receipts_**
**A3 Payments**||| |**Charitable Activities**|**873.00**|| |**Bereavement Support/**|**1,042.00**|| |**Printing, postage, stationery**|**30.00**|| |**Loan to members**|**500.00**|| |**Domain Renewal**|**47.93**|| |**_Sub total_**|**2,492.93**|| ## **Section B Statement of assets and liabilities at the end of the period** ## **B1 Cash funds** **Categories Details** Cash+Bank _**Total cash funds**_ (agree balances with receipts and payments account(s)) ## **Details** ## **B2 Other monetary assets** **Total Debts recoverable @ 31/12/2023** ## **B3 Investment assets** Details Details **B4 Assets retained for the charity’s own use** **Details** ## **B5 Liabilities** **Signed by one or two trustees on behalf of all the trustees** **----- Start of picture text -----**
Signature
**----- End of picture text -----**
## **DNKI)** ## **payments accounts** ## **CC16a** **12/31/2023 To** |**Endowment funds**
**to the nearest £**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**|**Endowment funds**
**to the nearest £**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**|**Total funds**
**to the nearest £**
**30.00**
**3,840.00**
**200.00**
**100.00**
**1,000.05**
**5,170.05**
**0.00**
**0.00**
**0.00**
**5,170.05**
**873.00**
**1,042.00**
**30.00**
**500.00**
**47.93**
**2,492.93**
**0.00**
**0.00**
**0.00**
**2,492.93**
**2,677.12**
**0.00**
**2,055.36**
**4,732.48**|**Last year**
**to the nearest £**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**
**0.00**| |---|---|---|---| ||||**0.00**| ||||| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||| ||||**0.00**| ||||| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||| ||||**0.00**| ||||**0.00**| ||||**0.00**| ||||| ||||**0.00**| ||||| |**0.00**||**2,677.12**|**0.00**| |**0.00**||**0.00**|**0.00**| |**0.00**||**2,055.36**|**0.00**| |**0.00**||**4,732.48**|**0.00**| **----- Start of picture text -----**
Unrestricted funds Restricted funds Endowment funds
to nearest £ to nearest £ to nearest £
999.10 0.00 0.00
999.10 0.00 0.00
OK OK OK
Unrestricted funds Restricted funds Endowment funds
to nearest £ to nearest £ to nearest £
3,733.38 0.00 0.00
Fund to which asset belongs Cost (optional) Current value (optional)
- -
Fund to which asset belongs Cost (optional) Current value (optional)
- -
- -
Fund to which liability relates Amount due (optional) When due (optional)
-
Print Name Date of approval
Ruff Ukalike 12/31/2023
**----- End of picture text -----**