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2024-07-31-accounts

[

Trustees’ Annual Report for the period

From

Period start date: 01/08/2023 TO Period end date: 31/07/2024

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 prevention 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
The Adewunmipraise Foundation is
committed to improving opportunities
and life outcomes for children and
families experiencing poverty and
hardship. Our mission is to foster
positive change and empower those in
need. We provide a robust network of
community resources aimed at
alleviating poverty and supporting
children and their families, particularly
during challenging times. Through our
efforts, we strive to build a brighter
future
for
those
we
serve.
During this period, we effectively
utilized funds from Tesco community
grants to launch a relief project aimed at
supporting low-income families and
single parents in Medway. Additionally,
we implemented home delivery services
to ensure that foodstuffs and essential
items reached those families in need.
During this period, we have seen a
significant number of requests,
particularly from parents who are facing
challenges related to rising electricity
and gas bills, driven by increased
energy prices and the overall cost of
living. It's clear that many families need
support, and there is an opportunity for
us to explore solutions that can help
alleviate these financial pressures.
We endeavour to make our services
inclusive across Medway by welcoming
people of all races, ethnicities, religious
beliefs, genders, sexual orientations,
and ages
A statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 To enhance our effectiveness, the
Foundation has adopted robust policies,
including Children's Safeguarding,
Vulnerable Adult Safeguarding, a Code
of Conduct, and GDPR compliance. We
have also established clear procedures
for reporting and addressing
complaints. A dedicated Safeguarding
Lead has been appointed to ensure that
all policies are upheld diligently.

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 The Foundation is committed to driving
positive change by providing essential
support and resources to children and
families affected by poverty, particularly
in light of the increasing cost of living.
Our mission is to empower these
families, enabling them to reclaim their
fundamental right to a better life during
challenging
times.
To enhance our effectiveness, the
Foundation has adopted robust policies,
including Children's Safeguarding,
Vulnerable Adult Safeguarding, a Code
of Conduct, and GDPR compliance. We
have also established clear procedures
for
reporting
and
addressing
complaints. A dedicated Safeguarding
Lead has been appointed to ensure that
all policies are upheld diligently.
Currently, we are running a relief
program in Medway, distributing
support packages that include food
items to low-income families and single
parents struggling with the burden of
high living costs and rising energy high living costs and rising energy high living costs and rising energy high living costs and rising energy
prices.
Thanks to the generous funding from
Tesco Community Grants, we are proud
to have distributed support packages to
**approximately ** 100 children and 50
adults in Medway, positively impacting a
**total ** **of 150 ** individuals, including
children.
These support packages have proven to
be a lifeline for low-income families and
**single ** parents in Medway, offering
practical assistance and hope during
these trying
times.
Looking ahead, we are excited about the
opportunity to expand our reach and
**support ** **even ** more families in the
upcoming year.

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
31st July 2024 was £1587
To facilitate its objectives, the
foundation received grants from Tesco
Community Grants—Groundwork UK
during this time.
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:

Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charity Incorporation Organisation (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 the
whole year
Name of person (or body) entitled
to appoint a trustee (ifany)
Adesokan Isaac
Oyekan
Chair
Peter Ojuolape Treasurer
Omowunmi Gidigbi SafeguardingLead
Nathaniel 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, etc)

Chair

Date 2910412025

[

Trustees’ Annual Report for the period

From

Period start date: 01/08/2023 TO Period end date: 31/07/2024

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 prevention 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
The Adewunmipraise Foundation is
committed to improving opportunities
and life outcomes for children and
families experiencing poverty and
hardship. Our mission is to foster
positive change and empower those in
need. We provide a robust network of
community resources aimed at
alleviating poverty and supporting
children and their families, particularly
during challenging times. Through our
efforts, we strive to build a brighter
future
for
those
we
serve.
During this period, we effectively
utilized funds from Tesco community
grants to launch a relief project aimed at
supporting low-income families and
single parents in Medway. Additionally,
we implemented home delivery services
to ensure that foodstuffs and essential
items reached those families in need.
During this period, we have seen a
significant number of requests,
particularly from parents who are facing
challenges related to rising electricity
and gas bills, driven by increased
energy prices and the overall cost of
living. It's clear that many families need
support, and there is an opportunity for
us to explore solutions that can help
alleviate these financial pressures.
We endeavour to make our services
inclusive across Medway by welcoming
people of all races, ethnicities, religious
beliefs, genders, sexual orientations,
and ages
A statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 To enhance our effectiveness, the
Foundation has adopted robust policies,
including Children's Safeguarding,
Vulnerable Adult Safeguarding, a Code
of Conduct, and GDPR compliance. We
have also established clear procedures
for reporting and addressing
complaints. A dedicated Safeguarding
Lead has been appointed to ensure that
all policies are upheld diligently.

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 The Foundation is committed to driving
positive change by providing essential
support and resources to children and
families affected by poverty, particularly
in light of the increasing cost of living.
Our mission is to empower these
families, enabling them to reclaim their
fundamental right to a better life during
challenging
times.
To enhance our effectiveness, the
Foundation has adopted robust policies,
including Children's Safeguarding,
Vulnerable Adult Safeguarding, a Code
of Conduct, and GDPR compliance. We
have also established clear procedures
for
reporting
and
addressing
complaints. A dedicated Safeguarding
Lead has been appointed to ensure that
all policies are upheld diligently.
Currently, we are running a relief
program in Medway, distributing
support packages that include food
items to low-income families and single
parents struggling with the burden of
high living costs and rising energy high living costs and rising energy high living costs and rising energy high living costs and rising energy
prices.
Thanks to the generous funding from
Tesco Community Grants, we are proud
to have distributed support packages to
**approximately ** 100 children and 50
adults in Medway, positively impacting a
**total ** **of 150 ** individuals, including
children.
These support packages have proven to
be a lifeline for low-income families and
**single ** parents in Medway, offering
practical assistance and hope during
these trying
times.
Looking ahead, we are excited about the
opportunity to expand our reach and
**support ** **even ** more families in the
upcoming year.

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
31st July 2024 was £1587
To facilitate its objectives, the
foundation received grants from Tesco
Community Grants—Groundwork UK
during this time.
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:

Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charity Incorporation Organisation (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 the
whole year
Name of person (or body) entitled
to appoint a trustee (ifany)
Adesokan Isaac
Oyekan
Chair
Peter Ojuolape Treasurer
Omowunmi Gidigbi SafeguardingLead
Nathaniel 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, etc)

Chair

Date 2910412025