**Registered Charity No – 1190991** ## KUMBA ASSOCIATION UK Trustees’ Report and Accounts 31 March 2021 |**CONTENTS**|**PAGE**| |---|---| |Legal and Administrative Details|**2**| |Trustees' Report|**3**| |Statement of Financial Activities|**5**| 1 | P a g e **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021** **Trustees** 1. Clara Ngeujoh Pungong 2. Robinson Samme Akame 3. Nkem Unice Nju **Charity registered Number** ## 1190991 **Date of charitable registration** **Principal office** **Secretary** 24 August 2020 3 Community Close Coventry CV2 1UX Robinson Samme Akame **Independent examiners** **Bankers** P Alexander ACMA MSC c/o GoodtoGive Barclays Bank 2 | P a g e ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2021** The Board of Trustees, who are the trustees for charity law purposes, submit their annual report and the financial statements of Kumba Association UK for the year ended 31 March 2021. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities (revised 2005)'. ## **Structure, governance and management** ## **The 3 Trustees are:** 1. Clara Ngeujoh Pungong 2. Robinson Samme Akame 3. Nkem Unice Nju The Trustees play a primary role in ensuring good governance and functioning of the foundation. The Board’s role, functions and responsibilities are quite clearly defined. The Charity currently has a dedicated team of Advisory board members in the UK who have helped to secure financial support and contribute to the future planning of the organisation. ## **Governing document:** Kumba Association UK is a Charitable Incorporated Organisation registered on 24 August 2020. ## **Risk Management:** We are committed to a policy of identifying, monitoring and managing the risks that might adversely affect the activities in which we are involved. In this context, risk is defined as the potential to fail to achieve charity objectives and for loss, financial and reputational, inherent in the environment in which we operate in the nature of the transactions undertaken. The principle risk of the charity has been its dependence on voluntary income. Trustees have initiated various processes to mitigate such risk, so that the charity has sufficient reserve in the event of adverse condition(s). The trustees have also examined other operational and business risks which they face and confirm that they have taken steps to mitigate the significant risks. ## **Public Benefit:** The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have paid due regard to public benefit when preparing this report. The benefit provided to the public is consistent with the aims of the charity in UK. ## **Objects and activities:** To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. ## **The contribution of volunteers during the year** We have benefitted greatly from the work of our volunteers who have provided a wide range of expertise in various areas, including specialist knowledge, cleaning, driving and administration. ## **Financial review:** The largest contribution to the charity for the year came from general offerings. The charity has begun its charitable activities from its inception. The Charity currently aims to designate the total fund received less expenses for the main objective of the charity. 3 | P a g e ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2021** ## **Plans for future periods:** The Charity plans to develop various fundraising strategy to include mass marketing. Besides mass marketing and events, the charity is aiming to achieve its targets through securing donations from willing individuals. A development board may be created to help include other avenues of fundraising to be included in the yearly programme. ## **Statement of Board of Trustees’ responsibilities** The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have: - Selected suitable accounting policies and applied them consistently, - Made judgments and estimates that are reasonable and prudent, - Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation). The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which 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 Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. This report was approved by the Trustees and signed on their behalf by: Signature…………………………………… ## **Date :** 4 | P a g e ## **Kumba Association UK** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31 MARCH 2021** |Notes
**Incoming resources**
General offerings
Gift Aid
Other Income
**Total Income**
**Resources expended**
Direct Expenses
Donations
Bank Charges
Governance costs
**Total Expenses**
Movement in total fund
for the year- Net income /
(expenditure) For the year
Fund balance brought
forward
Fund balance carried
forward|**Total Funds**
**2021**
**£**
**2,430**
**-**
**-**|**Total Funds**
**2021**
**£**
**2,430**
**-**
**-**| |---|---|---| ||**2,430**|| ||**-**
**900**
**-**
**540**|| ||**1,440**|| ||**990**
**4,153**
**5,143**|| 5 | P a g e