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2024-04-30-accounts

Registered Company Number: CE021926 (England and Wales) Registered Charity Number: 1189592

EMPOWER4SUCCESS (E4S) Annual accounts for year Ended 30 April 2024

1

Empower 4 Success (E4S) Charity Annual Report. - For Year Ended 30 April 2024

Page
Trustees Annual Report (TAR) 3-5
Independent Examiner report 7-8
Statement of Financial Activities 9-10

2

EMPOWER4SUCCESS (E4S) TRUSTEES’ ANNUAL REPORT 2023/24

The trustees present their report with the financial statements of the charity for the year ended 30 April 2024. They have adopted the provisions of Accounting and Reporting by Charities: Statement of recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

REFERENCE & ADMINSTRATIVE DETAILS. EMPOWER4SUCCESS (E4S) Charity No: 1189592

REGISTERED ADDRESS:

5 Brayford Square London, E1 0SG

OFFICE ADDRESS:

MK Tabernacle Building North Street, New Bradwell Milton Keynes MK13 0EE

TRUSTEES’

Names of charity trustees who manage the charity.

Georgi I. David - Chair Chinonye N. Okeem - Trustee Tochi O. Irukwu - Trustee Laura N. Vasiliu - Trustee

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STRUCTURE, GOVERNANCE & MANAGEMENT

The Charity was constituted as a Charitable Incorporated Organisation (CIO) on 21[st] of May 2020. The Charity is registered in England and Wales with its principal office in England.

OBJECTIVES & ACTIVITIES

Objectives:

The main objective of the Charity is to relief unemployment for the benefit of the public in such ways as maybe thought fit, including assistance to find employment. Also, support young people and the disadvantaged, to advance in life through work related activities, including offering support which develops their skills, confidence and capabilities to enable them to participate in society as mature and responsible individuals.

Charitable activities include:

ACHIEVEMENT AND PERFORMANCE

2023/24 was a challenging year with the cost-of-living crisis and its impact on the economy following covid - The year presented a higher rate of unemployment and struggles, especially for young people who were still adjusting to some normalcy,

mentally, economically, and academically. The uncertainty about future prospects drove a lot more of them into anti-social activities, causing losses and concerns within the communities.

However, this year we strategically positioned our activities to provide maximum support to our beneficiaries. ( See below some of our achievements in photos ):

E4S training activities at Schools & Youth Institutions.

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Empower4success (E4S) team recruiting customers at a local Job Centre.


E4S in-house activity space: ‘Play & Learn’ activities + Face 2 face mentoring.


----- Start of picture text -----
A sneak-peek at our new innovative - AI enhanced LMS digital platform. = ( Phase 1)
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E4s at a Job fair; Building connections and fostering collaborations.

This year, over 10,300 individuals from diverse backgrounds benefited from our transformational resources or participated in our hybrid learning activities. Our target for next year is to reach over 100k people through our new enhanced digital resources. We received very positive feedback reports from programme participants and their families - 99% agreed their confidence to make progress had increased after attending the programmes. Click below to listen to feedback from a satisfied customer.

https://photos.app.goo.gl/DfazcdE2mXqRwmU49

Conclusion

The charity experienced a year of growth, expanding our reach and successfully exploring new territories. We utilized Emotional Intelligence (EI) tools and techniques to combat mental stress and enhance emotional wellbeing. The CIO partnered with other charities that offered wellbeing support to their communities, such local faith ministries, and community groups. Much emphasis was on supporting people to adjust mentally and physically to stem the growing surge of anti-social activities on the streets.

We extend our profound gratitude to our funders, partners and dedicated mentors. The charity’s main funders include Milton Keynes Community Foundation and National Lottery Community funds. Other sponsors and partners include, The Local Council, Milton Keynes Tabernacle, Google, Wenta, CIPD and a few private sponsors. We look forward to your continued support as we work together to build a stronger community.

This report has been approved by the Board of Trustees and signed on their behalf by:

The Chair of the Trustees Empower4Success (E4S)

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Empower4success (E4S)

On accounts for the year
ended
Set out on pages
30thApril 2024 Charity no
(if any)
1189592
(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30[th] April 2024.

Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
HPOTTER 30/01/2025
Helen Potter
Institute of Certified Bookkeepers (ICB)
7 Wingfield Grove
Middleton MK10 9AU

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Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here details of any items that the examiner wishes to disclose .

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Statement of Financial Activities For the year ended 30 April 2024

Other
Total income
Subsistence
Training Cost
Office Expenses
Rent
Accountant fees
Volunteer Costs
Professional Membership fees
Advertising/Publicity, website development
Travel
Adminsitration fees
Total expenses
Separate material of expense
Incoming Resources
Donation and Sponsorships
Government and Local Grants
Charitable Activities
Expenditure on Charitable Activities
2024
2023
Restricted
Unrestricted
Total £
Total £
19100
19100
33,240
67200
67200
22,000
10222
10222
10,222
2490
2490
0.00
0.00
99,012
99012
65,462
11,500
11500
10,782
18,000
18000
12,952
11,400
11400
1,250
0.00
0.00
4,083
1450
1450
1,450
7000
7000
9,400
1020
1020
2,370
28500
28500
6,400
4,800
4800
4,250
5040
5040
2,113
0.00
88710
88710
55050

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Empower4Sucess (E4S) Balance Sheet As at 30[th] April 2024

Assets
Tangible Assets
Total Assets
Current Assets
Cash at bank and in hand
Debtors
Total Current Assets
Creditors: amounts falling due within 1 year
Net Current Assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling after more than 1 year
Total net assets or liabilities
Funds of the charity
Unrestricted
Members’ funds
2024
£
6,443
6,443
6,162
0.00
6,162
0.00
6,162
12,605
5055
7,550
7,550
7,550
2023
£
6,443
6,443
12,830
2,590
15,420
0.00
15,420
21,863
7,712
14,151
14,151
14,151

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