2022-07-31-accounts - Adewunmipraise Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From

Period start date: 01/08/2021 TO Period end date: 31/07/2022

Charity name: ADEWUNMIPRAISE FOUNDATION

Charity registration number: 1191641

Objectives and Activities:

----- Start of picture text -----
SORP reference
Summary of the Para 1.17 The prevention or relief of poverty
purposes of the charity throughout England by providing
as set out in its support packages, material resources,
governing document items and services to children and
families in need.
Summary of the main Para 1.17 and Adewunmipraise Foundation focused
1.19
activities in relation to on improving the life chances of
those purposes for the children and families experiencing
public benefit, in poverty and hardship.
particular, the activities,
projects or services The Foundation offered a network of
identified in the community provisions which provided
accounts. poverty relief, in the public interest,
to children and their families,
especially during COVID time.
During this period, we received a fund
from Tesco community grants, Arnold
Clark grant which was used to
facilitate a COVID-19 relief project to
support low-income families and
single parents in Medway. We ran
home delivery services to deliver
foodstuff and other items to families.
The requests received in this period
were overwhelming, especially from
parents who were struggling with
electricity and gas bills due to an
increment in energy prices and cost of
living.
We endeavour to make our services
inclusive across Medway by
welcoming people of all races,
ethnicities, religious beliefs, genders,
sexual orientations, and ages.
----- End of picture text -----

----- Start of picture text -----
We promoted and used the strengths
within our communities by engaging
with other service providers such as
Medway Foodbank, The Medway
Hygiene Bank, West Kent Housing, In-
kind Direct, and Cooperative to
improve the lives of children and
families.
A statement confirming Para 1.18 The Foundation worked diligently to
whether the trustees deliver high-quality provisions that
have had regard to the support children and families who
guidance issued by the have experienced poverty due to the
Charity Commission on high cost of living and prices so that
public benefit we can restore their fundamental
right to have a better life at the tie of
contact.
As a result of this, the foundation, has
all the necessary updated policies,
such as Children's safeguarding,
Vulnerable adult safeguarding, Code
of conduct, GDPR, and reports and
complaints. Also, the foundation has a
Safeguarding lead who ensures that
all policies are adhered to.
The foundation is an active member
of the National Council for Voluntary
Organisation
----- End of picture text -----

Achievements and Performance

SORP reference

----- Start of picture text -----
In this second year of operation, we
continue to run the COVID-19 relief
programme in Medway by delivering
Summary of the main Para 1.20 support packages such as foodstuff,
achievements of the clothing, toiletries, household
charity, identifying the provisions, and other items (e.g. baby
difference the charity’s items for new parents; maternity
work has made to the items for pregnant women) to low-
circumstances of its income families and single parents
beneficiaries and any who are severely impacted by the
wider benefits to society high cost of living and energy prices.
as a whole.
During this time, we also managed to
get donations from families and
friends to support the good cause.
With the fund received from Tesco
Community grants, Arnold Clark and
the general public, we were able to
distribute support packages to
families (average children of 215 and
97 adults) in Medway i.e. the total
number of people who benefited from
this programme was 312 including
the children.
These support packages made a huge
difference for low-income families and
single parents in Medway especially
with the knock-on effect of high cost
of living and energy prices, giving
them practical help and hope.
In furthering the object of the
Foundation, we made connections
with different networks in Medway
such as Medway Voluntary Action,
Mid-Kent Housing Association
Wellbeing Team, Family Hub, and
Foodbank for signposting and
referrals so that the beneficiaries can
continue to access longer-term
support and solutions.
We endeavour in the coming year to
support more families.
----- End of picture text -----

Financial Review

	Review of the charity’s fnancial position at the end of the period	Para 1.21	The balance on the charity account as of 31stJuly 2022 was £1549 The foundation did receive grants from Tesco Community Grants – Groundwork UK and Arnold Clark to facilitate its objectives. Also, donations were received from friends,

----- Start of picture text -----
families and the general public.
Statement explaining Para 1.22 No reserve
the policy for holding
reserves stating why
they are held
Amount of reserves held Para 1.22 N/A
Reasons for holding zero Para 1.22 No policy for holding reserves
reserves
Details of funds Para 1.24
materially in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
Other
----- End of picture text -----

Structure, Governance and Management

----- Start of picture text -----
Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charity Incorporation Organisation
constituted? (CIO)
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Elected to the post
methods include details
of any constitutional
provisions e.g. election
to post or name of any
person or body entitled
to appoint one or more
trustees
----- End of picture text -----

Reference and Administrative details

----- Start of picture text -----
Charity name ADEWUNMIPRAISE FOUNDATION
Registered charity 1191641
number
Charity’s principal 199 Hawthorne Avenue
address Gillingham
Kent
ME8 6YH
----- End of picture text -----

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint a trustee
the whole year
(if any)
Adesokan Isaac Chair
1
Oyekan
2 Peter Ojuolape Treasurer
Omowunmi Gidigbi Safeguarding
3
Lead
Olubiyi Nathaniel
4
Alade
5
----- End of picture text -----

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees Signature(s) A.I. O Full name(s) Adesokan Isaac Oyekan Position (eg Chair Secretary, Chair, etc) Date

Charity Name

No (if any)

ADEWUNMIPRAISE FOUNDATION

Receipts and payments accounts

Period start date 8/1/2021

Period end date 7/31/2022

For the period from

Section A Receipts and payments

----- Start of picture text -----
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Aug-21 25 - - 25
Sep-21 - - - -
Oct-21 259 - - 259
Nov-21 2,516 - - 2,516
Dec-21 22 - - 22
Jan-22 1,017 - - 1,017
Feb-22 23 23
Mar-22 43 43
Apr-22 413 413
May-22 767 767
Jun-22 14 14
Jul-22 12 12
- - - -
- - - -
5,111 - - 5,111
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 5,111 - - 5,111
A3 Payments
Aug-21 50 - - 50
Sep-21 82 - - 82
Oct-21 200 - - 200
Nov-21 149 - - 149
Dec-21 265 - - 265
Jan-22 480 - - 480
Feb-22 120 - - 120
Mar-22 114 114
Apr-22 133 133
May-22 928 928
Jun-22 835 835
Jul-22 206 206
- - - -
- - - -
Sub total [ 3,562 ] - - 3,562
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 3,562 - - 3,562
Net of receipts/(payments) 1,549 - - 1,549
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
----- End of picture text -----

Cash funds this year end 1,549 - - 1,549

Section B Statement of assets and liabilities at the end of the period

			Unrestricted		Restricted
Categories	Details		funds		funds
B1 Cash funds		*Total cash funds*	to nearest £ - - - -		to nearest £ - - - -
	(agree	balances with receipts and payments account(s))	Agreement Error	OK
			Unrestricted		Restricted
			funds		funds
B2 Other monetary assets	Details		to nearest £ - - - - - -		to nearest £ - - - - - -
B3 Investment assets	Details		Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details		Fund to which asset belongs	Cost (optional) -
charity’s own use					- - - - - - - -
			Fund to which		Amount due
B5 Liabilities	Details		liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
			Olubiyi Nathnaiel Alade

----- Start of picture text -----
CC16a
----- End of picture text -----

Last year

to the nearest £

Endowment funds to nearest £ - - - -

Endowment funds to nearest £ - - - - - -

Current value (optional)

When due (optional)

Date of approval 06.05.2023