CHARITY REGISTRATION NUMBER: 1190614
CEM Ability Village UK
Unaudited Financial Statements
31 March 2025
CEM Ability Village UK
Financial Statements
Year ended 31 March 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Statement of fnancial activities | 2 |
| Statement of fnancial position | 3 |
| Notes to the fnancial statements | 4 |
| The following pages do not form part of the fnancial statements | |
| Detailed statement of fnancial activities | 7 |
CEM Ability Village UK Trustees' Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name CEM Ability Village UK Charity registration number 1190614 Principal office The trustees Etienne Oblado George Yeboah Marcus Nana Agyei
Structure, governance and management
The Charity was incorporated as a charitable incorporated organization on 28 July 2020 and is governed by constitution. The charity is managed by the first charity trustees.
Activities organised in furtherance of the objects include raising funds from benevolent individuals for the development of the ability village.
Objectives and activities
The main objects of the charity are:
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the advancement of education of disabled people in Ghana through the provision of a village that offers training and support,
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develop the capacity and skills of the members of the socially and economically disadvantaged disabled community of Ghana in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society and
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assist in the treatment and care of persons suffering from mental or physical illness or disability or in need of rehabilitation as a result of such illness, by the provision of facilities for training, work and recreation.
Achievements and performance
The financial year ending 31 March 2025 saw ongoing efforts to ensure the objectives of the charity are relaised. We remain committed to supporting the development of the ability village in Ghana to help the disabled and socially disadvantaged.
Financial review
The total income increased by 248.42% to £3,310 (2024: £950). The increase in income is attributed to the increase in number of donors.
Plans for future periods
Our plans for the coming year continue to be the same as for previous years and include official launching of the charity and using media channels to promote activities of the charity.
Reserves policy
The trustees recognise the need to maintain reserves. Unrestricted funds are needed to cover the dayto-day administration and support costs of the charity and also to have funds available for specified projects in the future should the need arise.
Risk management
The major risks to which the charity is exposed have been identified as ensuring funds are applied for charitable purposes. Systems and strategies have been put in place to mitigate these risks. Income
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CEM Ability Village UK and expenditure is monitored through the setting of budgets which are compared with actual figures. Trustees' Annual Report
Year ended 31 March 2025
The trustees' annual report was approved on 15 January 2026 and signed on behalf of the board of trustees by:
Etienne Oblado
Trustee
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CEM Ability Village UK
Statement of Financial Activities
Year ended 31 March 2025
| Note Unrestricted funds £ Income and endowments Donations 4 3,310 Total income 3,310 Expenditure Expenditure on charitable activities - Total expenditure - Net income 3,310 Reconciliation of funds Total funds brought forward 950 Total funds carried forward 4,260 |
2025 Restricted funds £ - - - - - - - |
Total funds £ 3,310 3,310 - - 3,310 950 4,260 |
2024 Total funds £ 950 |
|---|---|---|---|
| 950 | |||
| - - 950 - 950 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 4 to 5 form part of these financial statements.
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CEM Ability Village UK
Statement of Financial Position
Year ended 31 March 2025
| 2025 Assets Note £ Current assets Cash at bank and in hand 6 4,260 Total current assets 4,260 Liabilities Creditors: amounts falling due within one year - Net current assets 4,260 Total assets less current liabilities 4,260 Net assets 4,260 Funds of the charity Restricted funds 7 - Unrestricted funds 7 4,260 Total charity funds 4,260 |
2024 £ 950 |
|---|---|
| 950 - |
|
| 950 | |
| 950 | |
| 950 | |
| - 950 |
|
| 950 |
These financial statements were approved by the board of trustees and authorised for issue on xx January 2026, and are signed on behalf of the board by:
Etienne Oblado
Trustee
The notes on pages 4 to 5 form part of these financial statements.
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CEM Ability Village UK
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Ithaca House, 27 Romford Road, London, E15 4LJ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements does not requires management to make judgements, estimates and assumptions that affect the amounts reported.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for
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CEM Ability Village UK Notes to the Financial Statements
Year ended 31 March 2025
the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
4. Donations and legacies
| Donations | 2025 £ 3,310 3,310 |
2024 £ 950 |
|---|---|---|
| 950 |
5. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
6. Cash at bank and in hand
| Cash at bank | 2025 £ 4,260 4,260 |
2024 £ 950 |
|---|---|---|
| 950 |
7. Analysis of charitable funds
Unrestricted funds
| General funds General funds Restricted funds |
1 April 2024 £ 950 1 April 2023 £ - 1 April 2024 £ |
Income £ 3,310 Income £ 950 Income £ |
Expenditure £ - Expenditure £ - Expenditure £ |
31 March 2025 £ 4,260 |
|---|---|---|---|---|
| A31 March 2024 £ 950 |
||||
| 31 March 2025 £ |
Restricted funds
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CEM Ability Village UK Notes to the Financial Statements
Year ended 31 March 2025
----- Start of picture text -----
General funds - - - -
1 April 2023 Income Expenditure A31 March 2024
£ £ £ £
General funds - - - -
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CEM Ability Village UK Management Information
Year ended 31 March 2025
The following pages do not form part of the financial statements.
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CEM Ability Village UK Detailed Statement of Financial Activities
Year ended 31 March 2025
2025 2024 £ £ Income and endowments Donations and legacies Donations 3,310 950 Total income 3,310 950 Expenditure Expenditure on charitable activities - - Total expenditure Net income 3,310 950
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