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2024-12-31-accounts

OLD ORLU WELFARE ASSOCIATION

CHARITY No. 1192483

Report of the Trustees and Financial Statements for Year Ended 31[st] December 2024

Old Orlu Welfare Association

Contents of Financial Statements

Report of the Trustees Income and Expenditure Accounts Balance Sheet

Old Orlu Welfare Association

Report of the Trustees for the year ended 31 December 2024

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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)

Objectives and Activities

The Charity’s objectives are :-

a). The prevention or relief of poverty and the advancement of education;

b). Other purposes recognised as charitable under the existing law and any new purposes which are similar to another prescribed purpose.

Financial Review

-None

Risk Analysis

-None

Structure, Governance and Management

The Charity continues to be governed by its governing documents dated 5[th] May 2019.

The Charity is an unincorporated organisation.

The Charity Income was below the mandatory £25,000 requiring scrutiny of the financial statements by an external individual.

Trustees

Emmanuel Osuchukwu Daniel Otuonye Cyril Mbaeri

Approved

…………………………………………. Emmanuel Osuchukwu

(2)

Old Orlu Welfare Association Income and Expenditure Account for Year Ended 31 Dec 2024

Income Received
Expenditure
Charitable Activities
Net Surplus
Net Surplus B/FWD
Net Surplus C/FWD
£
3379
3379
NIL
NIL
3379
5218
5218
31.12.2023
£
3379
3379
NIL
NIL
3379
5218
5218

Old Orlu Welfare Association Balance Sheet As At 31[st] December 2024

Current Assets
Unrestricted Funds
Approved by the board of Trustees;
£
5218
5218
5218
5218
31.12.2023
£
5218
5218
5218
5218

………………………………………………………………… Emmanuel Osuchukwu