Dr. Tunde Aladesanmi Road Safety Foundation
Trustees’ Annual Report and Accounts For the Year Ended 31 December 2024 UK Charity No: 1190511
Trustees’ Annual Report
Introduction
The trustees of Dr. Tunde Aladesanmi Road Safety Foundation present their report and the financial statements for the year ended 31 December 2024.
Charity Information
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Charity Name: Dr. Tunde Aladesanmi Road Safety Foundation
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• Charity Number: 1190511 • Registered Address: 80 PARK AVENUE BROADSTAIRS,KENT
CT102EZ
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Legal Structure: Charitable Incorporated Organisation (CIO)
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• Governing Document: Constitution adopted 22/7/2020 • Trustees Serving During the Year:
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Dr. Ken Adegoke
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• Dr. Banji Adeyanju
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Dr. Abel Adegoke
Objectives and Activities
The charity was established to promote road safety awareness in Nigeria, with an initial focus on educating school children across 11 local government areas in Ibadan. The aim is to reduce road traffic accidents and fatalities through education, advocacy, and community engagement.
Achievements and Performance
Due to financial constraints, the foundation did not generate income or incur expenditure in the financial year 2024. However, the trustees remained committed to advancing the charity’s objectives by engaging in preliminary planning and outreach efforts to secure future funding and partnerships.
Financial Review
For the year ended 31 December 2024, the charity had no income and no expenditure. The trustees continue to explore funding opportunities to
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enable the foundation to commence active operations in the coming years.
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Income: £0
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• Expenditure: £0 • Reserves: £0
Reserves Policy
As the charity had no financial transactions during the year, there were no reserves to report. Once income is generated, the trustees will establish a reserves policy to ensure financial stability.
Structure, Governance, and Management
The foundation is governed by a board of trustees who oversee its operations and strategic direction. Trustees are appointed in accordance with the governing document and are responsible for ensuring compliance with charity law and regulations.
Future Plans
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Identifying and securing funding sources.
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Expanding outreach efforts in schools and communities.
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Developing road safety education materials and programs.
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Strengthening partnerships with relevant stakeholders in road
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safety advocacy.
Trustees’ Responsibilities
The trustees confirm that they have complied with their duty to act in the best interests of the charity and to ensure it operates in accordance with its stated objectives.
Signed on behalf of the trustees:
Ken ADEGOKE Chair of Trustees Date: 1/2/2025
F inancial Statements for the Year Ended 31 December 2024
Receipts and Payments Account
Receipts 2024 (£) 2023 (£) Donations 0 0 Grants 0 0 Other Income 0 0 Total Income 0 0
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Payments 2024 (£) 2023 (£) Charitable Activities 0 0 Governance Costs 0 0 Total Expenditure 0 0 Balance 2024 (£) 2023 (£) Opening Balance 0 0 Surplus/Deficit for the Year 0 0 Closing Balance 0 0
Independent Examination
As the charity had no financial transactions during the year, no independent examination is required under charity law.
Signed on behalf of the trustees:
Ken ADEGOKE Chair of Trustees Date: 1/2/2025
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