PERFECT CHANCE FOUNDATION {A Charitable Incorpordted Organisatlon) Trustees Annual Report and Financial Statements For the year ended 31 March 2025
PERFECT CHANCE FOUNDATION (A Charitable Incorporated Organisation) Annual Report and Financial Statements For the year ended 31 March 2025 Contents Page Trustees. Annual Report: Independent Examinetrs Report: 10 Statement of Financial ActivitEs: 11 Balan Sheetr. 12 Notes to the Financial Ststements: 13-16
PERFECT CHANCE FOUNDATION Trustees Annual Report for the year ended 31 March 2025 The trustees of Perfect Chance Foundation present their Annual Report and Accounts for the year ended 31 March 2025. 1. Reference and Administrative Details Name of Charlty: Perfect chan Foundation Charity Number. 1192093 Registered and Operdtional Address: 154 Townhall Square. Crayford. Dartford. DA14FJ Bankers: Unty Trust Bank. Planetary Road. Willenhall. IM11 9DG Independent Examiner. Joseph Setordjie, 19 Lucknow Street, Plumstead, London. SE18 2SN Trustses: The trustees who served during the year to the date of this report were.. Name Positlon Ms. Lillian Attipoe Ms. Linda Adetor Mr. Prince Lamia Aryee Sunkwa-mills Mr. Michael Martey Ms. Jennifer Twum Barning Chaler50n Secretary Treasurer Member Member
PERFECT CHANCE FOUNDATION Trustees Annual Report for the year ended 31 March 2025 2. Structure, Governance and Management Legal Status and Governing Document Perfect chan Foundats'on is a UK-based drsabilty support charty. It is governed by its constitution which was recenty amended on 20 April 2020 for registration as a Charitable Incorporated Organisation (CIO) with the Charity Commission of England and Wales, and also to include work in the UK and Ghana The charity has been set up to support the welfare. hearth, educational and cultural needs of children, young people and their families from disadvantaged backgrounds. Its activities cater for rers, low-income parents. disabled children, young people from dfficult backgrounds and families who nd support in Dartford. Kent and surrounding boroughs in London, United Kingdom and across Ghana. Appolntment & Induction of Trustees: Trustees fomi the backbone of our charity. The trustees who held Offi durrng the financial year and as of the date of this report are listed on page 1. As set out in the constitution, trustees are appointedlelected or c(Opted annually by members at Annual General Meetings to senie speafic terms. All newly elected trustees are provided with a comprehensive induction pack that contains the constitution of the Perfect chan Foundation and outlines the roles and responsibilities of charity trustees. Newly recruited trustees are oriented, briefed and mentored by established trustees on their legal obligations under charty law. the content of the consts'tub'on. the decision-making process. the objectives, strategies and rent financial performan of the charity. Organisational Structure Perfect chan Foundation is govemed by a S member Board of Trustees, which is responsible for *tting the strategic directions and policies of the charity. The board Carries out the ultimate SponsIbl1ty for the conduct of the charity and for ensuring that the charity fulfils its legal and contractual obligations. They meet On every two months to deliberate on issues that are important for the smooth running of the charity, including risk assessment, safeguarding and management accounts. The Board of Trustees give their time on a voluntary basis. They are never paid for their stewardship but are reimbursed for errands undertaken on behalf of the chanty. Trustees also appoint people to various committees like finan, fundraising, safeguarding. welfare and others who provide them with much needed advice and support in the management of the charity's operations. The trustees retain the overall power to establish and implement policies and procedures to enable the chartty to achieve its goals.
PERFECT CHANCE FOUNDATION Trustses Annual Report for the year ended 31 March 2025 3. Objectives and Activities: Objects The objects of the charity as set out in the constitution are." To relieve the needs and advan education of vulnerable children. girls and young women in Ghana by such means as the trustees may from time to time decide. The charty's scope of operatron also included the United Kingdorn. to provide support to families of severely disabled Children. youth. signpost them lo services, and advocate for better services and outcomes for them. In view of the above, Perfect Chance Foundation supported by its pcol of 4 dedicated volunteers in the UK carried out the following activities during the year under review. Outreach Support SEND Parent forum The Perfect chan Foundation continues to provide life-changing support to SEND Families children and youth from disadvanlaged backgrounds in the UK. In Ghana, we provide support for girls and young women . Our work spans education, health. and advocacy, with a strong focus on sustainable development and empowering indivKluals toward self-sufficiency. In 2025, our flagship initiative has been the Outreach Support SEND Parent Forum, a vital program supporting families wtth disabled children in Bexley and Greenwich in London. Recognising the disproportionate strain pla¢ on these families. especially those caring for children with severe disabilities, the foundation mobilized volunteers and reSoUrS to offer practical. emotional. and informats'onal support. Throughout the year, we organised outreach serViS and activities in Bexley and surrounding boroughs, creating safe spaces for parents to connect, share experiences, and access guidan. Our volunteers played a cwcial role in helping families navigate complex systems. assi8ting with housing applications, edu¢2tion plans, and accessing health services. These efforts have not onty helped families secure essential SeNiS but have also fostered a sense of communrty and resilien during uncertain times. The SEND Parent Forum has become a beacon of hope for many. offering tailored support and advocacy that reflects our commitment to inclusive care. By bridging gaps in Servi and amplifying the voices of those often overlooked. the Perfect Chan Foundation has reaffimied its role as a trusted ally in trte journey toward independen and dignity.
PERFECT CHANCE FOUNDATION Trustees Annual Report for the year ended 31 March 2025 As we look ahead. we remain dedicated to expanding our reach and deepening our impact. ether in the boroughs of London or the cornmunities of Ghana, our mission remains clear.. to uplfft. empower. and create lasting change for those who need it most. Erith Fitness Bootcamp (EFB) The Perfect chan Foundation's 2025 Annual Report hhlIghts a year of meaningful progress in communty heaith and engagement, Wtth the Erith Fitness Bootcamp (EFB) emerging as a flagship initiative. Originally launched as a six-week pilot, the bootGamp was designed to offer free, inclusive fitness sessions to families and individuals, removing financial barriers to vRllbeing. Atthough inFtial attendance was modest due to limited outreach, the second round saw signifjcant growth thanks to improved marketing, formal regrstrats'on via Eventbrite, and deeper communty involvement. The program attracted a diverse group of participants, primari women of African- Caribbean desnt aged between 13 and 45. Familtes. friends. and individuals joined in group workouts. cardio circuits, and wellness activities. The Foundation's strategic enhancements-such as door-to-door fyer distribution, storytelling from beneficiaries. and partnerships with local organizations-helped build momentum and trust. Looking ahead, the Foundation plans to expand the boot¢amp's format to include virtual and hybrid sessions, strengthen marketing through digital channels, and introdu incentives like branded merchandise and raffles. These efforts are part of a broader commttment to scale the initiative. deepen its impact. and continue fostering healthier communities. In addition to EFB, the Foundation supported youth empowennent Workshops, mental health campaigns, and nutrition seminars throughout the year. Financially, reSoUrS were allocated primarity to communty programs, outreach, and operational support, with funding sourced from donations, grants. and sponsorships. Overall, 2025 marked a transfomative year for the Perfect chan Foundation, with the Erith Fitness Bootcamp serving as a powerful example of how targeted, inclusive programming can drive lasting change. Mayor's Day Clean-up The Perfect Chance Foundation proudly participated in the Mayorfs Day Clean-up, held as part of Mayorfs Weekend in Dartford Park. Our volunteers joined other young people in the community to help clean the streets. contributing to efft)rts that inspire civic pride, promote environmental awareness. and strengthen local bonds. By actrvely engaging in this inaugural event, the Foundation helped enhan the park's cleanliness while supporting youth participation in meaningful communty servi.
PERFECT CHANCE FOUNDATION Trustees Annual Report for the year ended 31 March 2025 Secondhand project The year 2025 marked a significant chapter in the Perfect chan Foundation's mission to uplift underserved communities through targeted outreath and compassionate giving. Among our most impactful efforts was a clothing donation drive hekl on 14th September at Victory Bible Church Intemational (Jesus Sanctuary- Nsawam Branch) in the Eastern Region of Ghana. This initiative was designed to reach women and children who fa daiiy challenges due to a lack of basic neSSIt1es. Over one hundred pleS of clothing were distributed durrng the event, direct benefiting frfty individuals, including both women and children. The donation not only provided physical comfort but also restored a sense of dignty and self-respect among the recipients. For many women. a$S to appropriate Clothing is often hindered by financial constraints, and this gesture offered them renewed cOnfft1en and a feeling of inclusion within their communities. Children. too. eXperIend a transformation. Wrth access to clean and suitable clothing, they now engage more freely and joyfully with their peers. no longer burdened by the stigma of poverty. The donation has helped them integrate more ful into their social environments, fostering a heatthier sense of self-worth. This act of giving has reinforced the Foundation's commitment to creating tangible change. It has strengthened community ties and offered hope to families who often feel overlooked. By addressing such fvndamental needs, we continue to build a iegacy of compassion, empowerment. and shared humanrty. As we reflect on the yearfs achievements. the SUSs of the Nsawam donation drive stands as a testament to what can be accomplished when generosty meets purpose. The Perfect chan Foundation remains dedicated to expanding its reach and deepening its impact in the years ahead. Sewing project The Foundation is currentty undertaking a sewing project for girls and young people in Nsawam. Financial Review Incoming reSoUrS in the year amounted to £36,624 of which £25,310 was Stricted income from grants. We had two grants from the National Lottery Fund (£18.030) and (£7,013 from the Movement Fund). This gave us restricted funds of £11.244 to begin the new project year 20025126.
PERFECT CHANCE FOUNDATION Trustees Annual Report for the year ended 31 March 2025 4. Reserves Policy Trustees are required to ensure that free monies are available in each financial year to meet reasonable unforeseeable contingency and to cater for an unexpected fall in income. In reviewing the potential costs that could arise, shoukj a signfficant reduction in income be suffered, the trustees have determined that Yree, reseprfes should be maintained equal to 12 months, nomial total operats'ng expendiiure. The free reserves (total unrestricted reseNes less fixed assets) at the end of the year amounted to £480. Trustees regard this as highly inadequate and would endeavour to increase contributions to reserves from future surpluses until the target is achieved. Prlncipal Funding Sources The trustees extend their gratitude to two grant makers in the year who funded our projects. Other trustees also made considerabte impact in donating money and their time to our projects. Our activities to generate donations and raise funds from the public yielded very poor results. Trustee have decided to build the charrty's capacty to undertake extensive donor engagement to secure much needed unrestricted income in the coming year. 5. Future Plans As we close the chapter on a transfomiative year, Ihe Perfect Chance Foundation looks ahead with renewed purpose and a dear vision for deepening our impact in 2026. Our future goals reflect a commrtment to fostering indusion. wellbeing, and empowement for disabled and disadvantaged families and children across Dartford and beyond. We plan to expand our reach through weekly and monthty communty events, such as Parent Days, 'Children at play" sessions etc. designed to build connections and promote care. Workshops and focus groups will continue to address the pressing issues faced by families with severety disabled chiklren. offering both practical support and emotional solidarty. To encourage social interaction and healthy living, we will introduce coffee and tea mornings, wellness sessions, walk-and-talk days.etc. These gatherings will provide safe spaS for families to share eXperienS and leam more about disability-related challenges. Soft physical and chair exercises wtll be incorporated to promote acssible fitness for both parents and children.
PERFECT CHANCE FOUNDATION TnMte03 Annual Reportfor the yoar ended 31 March 2025 To su8taln and (wr inilths. WKI effjage a dent voluntser to lead fundraising efforts and he> us ac4xs grdnt fundkng. Athlilional fvrxlraistng 8v8nts will be organised to support oui eyndw¥J portfol woied& The Foundation rerrH¥B committed to rxmtinulry our core programs: outreath support, the SEND Parent Forum, Semnd chthing donations, and the Erlth frtne&s Boot¢rnp. T(Wher, these effort8 wlll enBure that our missK•n to provth frfe-changing support and bull d re86ient collyn (x)nlinue8 tsy thrive in year ahead. Acknowledgments extend our heare1t gratitixle lo our d&lKated volunteers, gvwous doIrS and community partners who (x)ntr to our suuss this year. Your SUPPOFt ha5 be Invaluable In helping us achle (r mknslon arml m* a difference in the lives of many. Slgned and aPprd on trustse&
PERFECT CHANCE FOUNDATION Independent Examiner5 Report to the Trustees of Perfect Chance Foundation I report to the trustees on my examination of the accounts of the above charity for the year end&J 31ti March 2025. Responslbilities and basis of report As the chanty's trustees. you are responsible for the preparation of the accounts in accordance with the r4uirements of the Charities Act 2011 (kne Acr). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying OLrt my examination. I have followgj all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examinerfs statsment The charity's gross income did not exceed £250,¢JOO and l am qualified to undertake the examinth'on by being a qualified member of the Association of Chartergy Certified Accountants {ACCA). I have coMeted my examinabon. I confimi that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordan with section 130 of the ChantEs Act., or the accounts did not accord with the accounting records", or the accounts did not comply with the applicable requirements conceming the form and wntent of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter consNtsed as part of an independent examination. I have no cOnmS and have come across no other matters in connection with the examination to which attention should te drawn in this report in order to enable a proper understanding of the accounts to be reached. Joseph Setordjie Chartered Certrfred Accountants 19 Lucknow Street Plumslead, London SE18 2SN Dated0811212025 10
Perfect Chance Foundation Statement of Financial Activitles (Incorporating an Income and Expendlture Account) for the Year Ended 31 March 2025 Notes Unrestricted Restricted Total Funds Funds 2025 Total 2024 Incoming resources Donations Charitable Activities Fundraising Grants 6,850 6.850 2.364 2,100 11,650 7,500 3,660 2,100 Total Incomlng resources Resources Expended Cost of Charitable activitres Govemance Costs 8.824 11,244 20,C68 17,931 Total resources expended Net movement offunds 14.066 15.106 2,310 Total Funds brought forward Totsl Funds lf as at 31103125 All of the above transactions are derived from continuing actsvit. All gains and resour recogntsed in the period are induded in the alxwe, Notes of page 13-17 fonn part of these financial ststements
Perfect Chance Foundation Financial Statements for the year ended 31st March 2025 Balance Sheet as at 31 March 2025 Notes Unrestricted Restrictsd 2025 2024 Fixed Assets Tangible Assets 4,171 4.171 3,095 Current Assets Cash * hand and in bank 16,497 17.557 4,123 Total Current Assets Current Liabilities amounts falling due within one year 600 1,200 Net current assets 16,497 16.957 2.923 Totsl assets less liabilities 631 Funds of the Charity". Unrestricted Income Restricted Funds 4.631 4.631 16,497 6.018 16,497 12
PERFECT CHANCE FOUNDATION Financial Statements for the year ended 31 March 2025 Notes to the accounts l. Accounting Policies The principal accounting policres are summarised bellyw. The accounting policies have been applied consistently throughout the year arKJ the preceding year. (a) Basis of Preparation The financial statements have been prepared under the historical cost convention in accordance with applicable accounting standards and the Statement of R0Mmended Practi (SORP)." "Accounting and Reporting by Charitses, issued in March 2005. (b} Fund Accounting unrestr•ed Funds comprise accumulated surpluses and deficits on general funds that are available for use at the discretion of the Trustees in fUrthan of the Charity's objects and that have not been designat for other purposes. Restricted Funds are funds sutyect to reStrrctiOr on their exFendrture imposed by the donor or through the tern of an appeal. c) Incoming Resource Recognition of Incoming Resources These are induded in the Statement of Financial Pdivities when. The charity becomes entrtted to the resour,. The trustees are virtualty rtain they will r1ve the resources: and The monetsry value can be measured with suffictent reliability. d) Resources Expended Recognition of Expenditure and Liabilitles Liabilities are recognised as soon as there is a legal or construcbve obligation commttting the charity to pay out resources. Expenditure is rwnised on an accruats basls as a liabilty is incurred. 13
PERFECT CHANCE FOUNDATION Financial Statements for the year ended 31 March 2025 Notes to the accounts Costs of Charitable Activitles These comprise those costs incurred by the charity in the delivery of rts activities and services for its beneficiaries. They include both costs that can be directly allocated to the charty's activibes and costs of an indirecl nature necessary to support these activibes. Governance Costs These are the costs associat&J with the g0veMan arrangemerts of the charity. They include the costs of preparation and examination of statutory accounts, trustees. meetings and the costs of any legal advi and consuitancy given to trustees on g0Veman aThJ constrtutional matters. Ail costs are charged ben the exrenditure categories of the Statement of Financial Activities on a basis designed to refiect the use of the rWSour. Costs relating to a particular actlvty (or project) are allocated directly.. ottws are apportioned on an appropriate on an appropriate basis. Flxed Assets Tangible Flxed Assets for charfty's own use These are capitalised rf they can be used for more than one year and cost at ieast £1.O¢w. They are valued at cost or, rf grfted, at the value to the charity on receipt. A fixed asset acquired fully or partty from a restricted grant is included at its full cost of acquisrtion without netttng off the grant proceeds and the grant reported as an income resource. Where the use of the asset such acquired is not restritl by the grantor, an amount equal to the grant is transfetred into a designated fund to be written off over the useful lrfe of the asset in accordance with the recommendations of SORP 21)05, paragraph 111. Depreclatlon Tangible Fixed Assets are depreciated so as to write off their costs less any estimated residual value over their useful lives at the following rates. Buildings Not depreclated Cultural equipment 15%straight line Computers 15% straight line 14
PERFECT CHANCE FOUNDATION Flnancial Statements for the year ended 31¥t March 2025 Notes to the accounts Note 2 Incoming resources from charitable activftwes Unrestricted Restricted Total 2025 Total 2024 Donations reiVed Charitable Activities Fundraisings Grants 6,850 2.364 2.100 6.850 11,650 7,51X) 3,360 2,100 Totsl 314 81 Note 3: Grants National Lotteries The Movement Fund 18,030 (for 2 years) 7,020 (for 1 year) Note 4: Governance Costs 2025 2024 Accountancy Fees Annual General Meeting DBS Checks Trustee Travel Total 700 450 164 126 780 900 467 422 Note 5 Current Liabilities Unrestricted 2025 Unrestricted 2025 Accrued Independent examiners fees 1,200 Total 15
PERFECT CHANCE FOUNDATION Financial Statements for the year ended 315t March 2025 Notss to the accounts Income and Expenditure Account 2025 2024 Income Donations Charitable Activities Fundraising Grants TOTAL 6.850 11,650 7,500 3.660 2,1? Expenditure RenVRates & Hall Hire Volunteer Expenses Sessional Staff Family Workshops and Activities Professional Fees Outreach Youth Projects Office & Oryanisation Admin (Tel & InterneVstationerylDBS) Travellmotor Expenses Marketing and Publicity Postage and Printing Insuran Training Capital Costs Governance Depreciation Sundries/Bank Charges 2,380 1.520 1,588 2,058 1.191 1,200 2.116 2,430 1.966 1.540 2.250 1.643 1.164 2.153 900 600 150 272 450 1,810 1.450 2,120 960 667 420 960 759 2,569 216 108 16