Trustees’ Annual Report for the period
From
Period start date: 01/08/2022 TO Period end date: 31/07/2023
Charity name: ADEWUNMIPRAISE FOUNDATION
Charity registration number: 1191641
Objectives and Activities:
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The preventon or relief of poverty throughout England by providing support packages, material resources, items and services to children and families in need. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Adewunmipraise Foundaton focused on improving the life chances of children and families experiencing poverty and hardship. The Foundaton ofered a network of community provisions which provided poverty relief, in the public interest, to children and their families, especially in this tme of high cost of living. During this tme, due to the increase in high cost of living and the efect it has on families, we organised food parcels to support low- income families and single parents in Medway. We ran home delivery services to deliver foodstuf. In this period, we received many requests from parents who were struggling with the increasing costs of electricity and gas bills. We provided support to address this fuel poverty by topping up electricity and gas keys for families in need, many of whom were came to us for help or were referred at tmes of crisis. We endeavour to make our services inclusive across Medway by welcoming people of all races, ethnicites, religious beliefs, genders, sexual orientatons, and ages. Wepromoted and used the strengths within |
| our communites by engaging with other service providers such as Medway Foodbank, The Medway Hygiene Bank, West Kent Housing, In-kind Direct, and Cooperatve to improve the lives of children and families. |
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|---|---|---|
| A statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Foundaton worked diligently to deliver high-quality provisions that support children and families who have experienced poverty so that we can restore their fundamental right to have a beter life. As a result of this, the foundaton, has all the necessary policies, such as Children's safeguarding, Vulnerable adult safeguarding, Code of conduct, GDPR, and reports and complaints. Also, the foundaton has a Safeguarding lead who ensures that all policies are adhered to. The foundaton is a member of the Natonal Council for Voluntary Organisaton |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | In this fnancial year we ran the relief programme in Medway by delivering support packages such as foodstuf to low-income families and single parents who are severely impacted by the increase in high cost of living. With the fund received from the Cooperatve Community Grant and Groundwork UK (Tesco Community Grant), we were able to distribute support packages to about 80 families (165 children and 100 adults) in Medway. The trustees are truly grateful to Cooperatve Community Grant and Tesco Community Grant who donated and made it possible to fulfl our purpose to reach out and help children and families who are in need. The support packages and assistance make a huge diference for low- income families and singleparents in Medway, |
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.
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The balance on the charity account as of 31/07/2023 was £598.99 The foundaton received £2,262.07 as grants in this fnancial year. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserve |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | No policy for holding reserves. |
| Details of funds materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Consttuton |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charity Incorporaton Organisaton (CIO) |
| Trustee selection 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 |
Para 1.25 | Elected to the post |
Reference and Administrative details
| Charity name | ADEWUNMIPRAISE FOUNDATION |
|---|---|
| Registered charitynumber | 1191641 |
| Charity’s principal address | 199 Hawthorne Avenue Gillingham Kent ME8 6YH |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Adesokan Isaac Oyekan |
Chair | |||
| Peter Ojuolape | Treasurer | |||
| Omowunmi Gidigbi | SafeguardingLead | |||
| Shelly-Ann Mol | Secretary | 05/10/2020 – 07/11/2022 | ||
| Olubiyi Alade | Trustee |
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 Secretary, Chair Chair, etc)
Date 23/06/2024
Charity Name ADEWUNMIPRAISE FOUNDATION
No (if any)
Receipts and payments accounts
CC16a
For the period Period start date Period end date To from 8/1/2022 7/31/2023
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Aug-22 10 Sep-22 12 Oct-22 10 Nov-22 1,528 Dec-22 515 Jan-23 15 Feb-23 16 Mar-23 14 Apr-23 268 May-23 28 Jun-23 16 Jul-23 15 - - 2,447 - - Sub total - Total receipts 2,447 A3 Payments Aug-22 226 Sep-22 12 Oct-22 94 Nov-22 - Dec-22 1,030 Jan-23 144 Feb-23 - Mar-23 104 Apr-23 469 May-23 174 Jun-23 6 Jul-23 6 - - Sub total 2,265 - - Sub total - Total payments 2,265 Net of receipts/(payments) 182 A5 Transfers between funds - A6 Cash funds last year end - Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 10 12 10 1,528 515 15 16 14 268 28 16 15 - - 2,447 - - - 2,447 226 12 94 - 1,030 144 - 104 469 174 6 6 - - 2,265 - - - 2,265 182 - - |
Last year to the nearest £ |
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Cash funds this year end 182 - - 182 -
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ - - - - - - - - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| to nearest £ Endowment funds |
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| When due (optional) |
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| Date of approval |
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