2025-03-31-accounts

Charity Registration No.1191503

Afyalife Foundation CIO

Trustees Report and Unaudited Financial Statements

31 March 2025

Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Contents

	Page
Reference and administrative information	3
Trustees Annual report	4/8
Independent Examiner’s Report	9/10
Statement of Financial Activities	11
Balance Sheet	12
Notes to the Financial Statements	13/15

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

References and administrative Details

Trustees

Michael Epechue (Chair) Rose Gordon Nancy Christiano John Kamara Irene Kiwia

Charity information

Principal address Regus Digital World 1 Lowry Plaza Salford M50 3UB Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ Bankers ZEMPLER

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Trustees Report

Introduction

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees 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 and Republic of Ireland (FRS 102) (effective 1 January 2019).

Afyalife Foundation was incorporated as a charitable Incorporated organisation 28 September 2020.

Aims and purposes

The advancement of health, including public health, wellbeing and the delivery of Healthcare anywhere in the world by promoting projects to improve health utilising technology, of communities who receive little or no external assistance because of poverty

Objectives and activities

The strategies employed to achieve the charity`s aims and objectives are:

-Working in Partnership nationally and Internationally

-Developing and maintaining active partnership with churches and arrange community awareness events

-Attending a variety of events

-Volunteering

Achievements and Performances

1. Introduction

This report provides an overview of the performance, governance, and contribution of the Trustees of Afyalife Foundation during the period March 2024 to March 2025. It outlines how Trustees have fulfilled their legal, strategic, and fiduciary responsibilities in support of the Foundation’s mission to improve wellbeing, reduce inequality, and support marginalised communities.

2. Governance and Oversight

During the reporting period, the Trustees demonstrated strong governance and oversight by:

Ensuring compliance with the Charity Commission’s governance requirements and charity law Upholding Afyalife Foundation’s constitution, policies, and charitable objectives

Providing strategic direction aligned with the Foundation’s mission and values Monitoring risk, safeguarding, and financial sustainability

Trustees met regularly (formally and informally) to review progress, address emerging challenges, and support operational delivery.

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Trustees Report (continued)

3. Strategic Leadership and Direction

Trustees played an active role in shaping and guiding the Foundation’s strategic priorities. Key areas of focus included:

Strengthening Afyalife Foundation’s role in addressing health inequalities and social exclusion

Supporting the development and delivery of inclusive projects, including work focused on minority and underrepresented communities

Oversight and strategic support of partnership-based initiatives, including the SMILE (ACADS) projectsupporting African, Caribbean, and Asian families affected by Down syndrome

Trustees ensured that projects aligned with the Foundation’s charitable aims and responded to evidenced community need.

4. Financial Oversight and Stewardship

Trustees fulfilled their financial responsibilities by:

Reviewing and monitoring budgets, expenditure, and funding allocation

Ensuring responsible and transparent use of charitable funds

Supporting fundraising strategy and sustainability planning

Overseeing financial controls and accountability

No significant financial irregularities were identified during the reporting period, and Trustees acted promptly where financial risks or pressures required attention.

5. Safeguarding, Equality, and Inclusion

Trustees maintained a strong commitment to safeguarding, equality, diversity, and inclusion by:

Ensuring safeguarding policies were in place, reviewed, and followed

Promoting inclusive practice across all Foundation activities

Supporting projects that address stigma, barriers to access, and unequal outcomes for marginalised groups

This commitment was particularly evident in the Foundation’s support for families from minority communities who experience systemic barriers to services.

6. Trustee Engagement and Contribution

Throughout the year, Trustees demonstrated:

High levels of commitment and engagement

Willingness to provide skills, lived experience, and professional expertise

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Trustees Report (continued)

Collaborative working with staff, volunteers, and partner organisations

Advocacy for the Foundation’s work within their networks

Trustees supported both strategic decision-making and practical problem-solving where required.

7. Challenges and Learning

Trustees recognised and responded to several challenges during the period, including:

Increasing demand for services amid limited funding

Capacity pressures linked to project growth and partnership working

The need for ongoing trustee development and succession planning

These challenges informed learning and future planning, with Trustees agreeing actions to strengthen resilience and effectiveness going forward.

8. Effectiveness and Self-Assessment

Overall, the Trustee Board operated effectively during the reporting period. Trustees demonstrated:

Collective responsibility and accountability

Constructive challenge and supportive leadership

Alignment with the Foundation’s mission and values

Opportunities for improvement identified include continued skills development, increased diversity of trustee experience, and enhanced monitoring of impact data.

9. Priorities for March 2025 – March 2026

Trustees have identified the following priorities for the coming year:

Strengthening governance systems and trustee induction

Supporting sustainable funding and long-term planning

Deepening impact measurement and reporting

Continuing to champion inclusive, community-led projects

10. Conclusion

The Trustees of Afyalife Foundation have fulfilled their duties with integrity, commitment, and diligence throughout March 2024 to March 2025. Their leadership has supported the Foundation’s stability, growth, and positive impact within the communities it serves

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Trustees Report (continued)

Statement of Trustees` responsibilities

The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• Select suitable accounting policies and apply them consistently

• Observe the methods and principles of the Charities SORP;

• Make judgements and accounting estimates that are reasonable and prudent

• State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• Prepare the financial statements on the going concern basis unless it is inappropriate to do so.

The trustees are responsible for keeping sufficient accounting records that 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 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Public benefit statement

All of our activities are carried out in support of our charitable objects. We believe that our work in support of these objects clearly delivers benefit. We have referred to the guidance in the Charity Commission`s general guidance on Public Benefit when reviewing our aims and objectives and in planning our future activities and in particular the advancement of religion.

Financial Review

Total receipts on ordinary unrestricted funds in 2025 was £2,000 (2024: £569) and are detailed in the financial statements.

Expenditure on charitable activities in 2025 was £1,211(2024: £569).

The net result for the year was a loss of £789 in 2025 (2024: £Nill) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at the 31 March 2025 for unrestricted funds totalled £1,810(2024: £1,021)

Reserves Policy

The Trustees review the policy on reserves and set targets at least once per annum with reference to the guidance and terminology published by the Charity Commission. The policy is also reviewed, when warranted by changes in risk assessment or business plans. The review includes unrestricted an, designated funds and tangible fixed assets. Transfer to and from funds are authorised by the Trustees acting as a whole.

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Trustees Report (continued)

Risk Management

The trustees have examined the major risks which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risk.

Approved by the Board of Trustees in January 2026 and signed on their behalf by:-

Rose Gordon- Trustee January 2026

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Independent examiner’s report to Afyalife Foundation

I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 11 to 15

Respective responsibilities of the Committee and the examiner

The charitys trustees are responsible for the preparation of accounts. The charitys trustees consider that an audit is not required for this year section 144(2) of the charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

• Examine the accounts under section 145 of the 2011 Act.

• To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 act; and

• To state whether particular matters have come to my attention

Basis of independent examiner`s report

My examination was carried out in accordance with the General Directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

• (1) Which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act; and

• to prepare accounts, which accord with the accounting records and comply with the requirements of the 2011 Act

have not been met; or

• (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Donovan St H Modest, HND (Business Studies - Accounting), ACG, CIMA Adv Dip MA, CeMAP Modest & Co Financial Services Ltd

189 Greenhill Avenue, Sheffield, S8 7TJ

January 2026

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Statement of Financial Activities

	Notes	Unrestricted	Total	Total
		Fund	Funds	Funds
		31 March	31 March	31 March
		2025	2025	2023
		£	£	£
INCOME FROM:
Donations and Legacies	2	2,000	2,000	569
				-
TOTAL INCOME
EXPENDITURE
Charitable activities	4	1,211	1,211	569
TOTAL EXPENDITURE		876	876	569
NET INCOME/(EXPENDITURE) BEFORE		789	789	-
TRANSFERS
RECONCILLIATION OF FUNDS
Total funds brought forward		1,021	1,021	1,090
TOTAL FUNDS CARRIED FORWARD		1,810	1,810	1,021

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Balance Sheet as at 31 March 2025

		31March	31 March
		2025	2024
	Notes	£	£
Fixed Assets
Tangible assets	5	-	-
CURRENT ASSETS:
Cash at bank and in hand		2,010	1,021
CURRENT LIABILITES:
Amount falling due within one year	3	200	-
-
NET ASSETS		1,810	1,021
CHARITY FUNDS
Unrestricted Funds		1,810	1,021

The notes on pages 13 to 15 form part of these financial statements

Accounts approved by the trustee in January 2026 and signed on their behalf by:-

Rose Gordon -Trustee

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Notes to the financial statements

1 Accounting Policies

a) Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention

b) Income and Expenditure

All income and expenditure is accounted for on an accrual basis.

c) Fund Accounting

The unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity.

There are no restricted funds held by the Charity

d) Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Fixed assets are capitalised in the accounts where their initial cost is a value of £200 and greater, items lower than this amount are expended through the Statement of Financial Activities.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

Building improvement Plant & Machinery Fixtures & Fittings Office Equipment Audio Visuals Laptops & Computers Motor Vehicle

not provided 2% straight line 10% straight line 20% straight line 20% straight line 10% straight line 20% straight line 20% straight line

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

Notes to the financial statements

2. Donations and legacies

	Unrestricted	Total	Total
	Funds	Funds	Funds
	2025	2025	2024
	£	£	£
Donations	2,000	2,000	569
Total	2,000	2,000	569

3. Creditors: amounts falling due within one year

		Unrestricted	Total	Total
		Funds	Funds	Funds
		2025	2025	2024
	Creditors: amounts falling due within	200	200	-
	one year(Accountant`s Invoice)
	Total	200	200	-
4.	Expenditure on charitable activities
		Unrestricted	Total	Total
		Funds	Funds	Funds
		2025	2025	2024
	Administration Expenses	79	79	69
	Events/Marketing/Advertising	932	932	500
	Accountancy Fee	200	200	-
		1,211	1,211	569

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Afyalife Foundation CIO Trustees Report and Accounts For the Year Ended 31 March 2025

5. Tangible Fixed Assets

	Freehold	Property		Building	Improvement		Plant &	Machinery		Fixtures/ fittings		Office	Equipment		Audio Visuals		Laptops	&	Computer		Motor Vehicle		Total
			£			£			£		£			£		£				£		£			£
Cost
1 April			-			-			-		-			-		-				-		-			-
2024
Additions			-			-			-		-			-		-				-		-			-
Surplus on			-			-			-		-			-		-				-		-			-
revaluation
Disposal			-			-			-		-			-		-				-		-			-
At 31 March			-			-			-		-			-		-				-		-			-
2025
Depreciation
At 1 April			-			-			-		-			-		-				-		-			-
2024
Charge for			-			-			-		-			-		-				-	-			-
the year
On disposals			-			-			-		-			-		-				-		-			-
At 31 March			-			-			-		-			-		-				-		-	-
2025
Net book
value
At 31 March			-			-			-		-			-		-				-		-	-
2025
At 31 March			-			-			-		-			-		-				-		-	-
2024

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