COMPANY REGISTRATION NUMBER: 08727602 CHARITY REGISTRATION NUMBER: 1193983
THE OITIJ-JO COLLECTIVE Company Limited by Guarantee Unaudited Financial Statements
31 October 2024
M.R ACCOUNTANTS & TAX ADVISERS
Chartered Certified Accountants 9b The Broadway Woodford Green Essex IG8 0HL
THE OITIJ-JO COLLECTIVE
Company Limited by Guarantee
Financial Statements
Year ended 31 October 2024
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities (including income and | |
| expenditure account) | 5 |
| Statement of financial position | 6 |
| Statement of cash flows | 7 |
| Notes to the financial statements | 8 |
THE OITIJ-JO COLLECTIVE
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 October 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 October 2024.
Reference and administrative details
Registered charity name THE OITIJ-JO COLLECTIVE
Charity registration number 1193983 Company registration number 08727602 Principal office and registered Piazza Unit C, office Lighterman House, London, E14 2BE The trustees M Anjum R Zuberi R Chowdhury S Slater U Rashid Company secretary M Anjum Independent examiner M.R Accountants 9b The Broadway, Woodford Green, Essex, IG8 0HL
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.
The charity has adopted policies appropriate to the furtherance of its stated objectives and there have been no material changes in this year.
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THE OITIJ-JO COLLECTIVE
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 October 2024
Objectives and activities
HAWG actively supports the betterment of the local community of ethnic minority women by providing opportunities for members to access employment skills, education, training and leisure pursuits. The organisation also promotes and distributes information on welfare, health matters and provides quality of life assistance, in particular to combat isolation.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
HAWG has continued to provide valuable services to Ethnic Minority women in the borough in spite of inadequate resources. The profile of the group has lifted to give a better service to the community. Membership has increased.
Members & Volunteers are supportive. This year we have a more structured voluntary provision. The group has come a long way in empowering women in the community. Several new training initiatives are now underway and as a result of this many women are able to find work in various sectors
The group continue to work with other voluntary and statutory organisations Throughout the year the group was actively involved in arranging cultural celebrations and trips to various part of Britain, which were a huge success and well attended.
This equality and diversity training is designed to provide employers and employees with the information they need to understand the best practice and responsibilities associated with equality and diversity in the workplace. The workshop explains the government's Equality Act, raises awareness of how it can be applied and determined.
We have introduced coffee mornings and general meetings at regular intervals to inform our members of the forthcoming courses and events as well as to obtain ideas from them. We have an open door policy for our membership.
The group continue to operate with full management committee consisting of service users as well as voluntary & statutory organisations representatives. Members of the board have been on a number of courses to raise the profile of the organisation as well as enhancing their personal development.
We are still working on different applications for funding but more strategically according to our business plan. New channels are open to us.
Working with Partnership
We are working closely with many organisations and we applied for funding to work as partnership and that was successful.
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THE OITIJ-JO COLLECTIVE
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 October 2024
Financial review
The committee would report that the income of the charitable company in respect of unrestricted funds was £166,475 (2023 £194,684). The income in respect of restricted funds was £0. (2023 £0). The statements of financial activities show the total resources expended was £155,956. (2023 £179,902.) for unrestricted and £0 (2023 £0) for restricted funds.
Plans for future periods
HAWG has continually supported women locally and within the surrounding boroughs and interesting activities and courses have been arranged for our members.
We have continued to provide and develop a wide range of services to the members, to make a difference to the lives of women by responding to their needs and inspirations and enable them to play a full active part in the community. We were able to work more strategically. We have a business plan and funding strategy in place. This gives the organisation and its members distinct goals and objectives to work to in future.
This year we are developing partnerships with other agencies and look forward to working with them.
The trustees' annual report and the strategic report were approved on 26 August 2025 and signed on behalf of the board of trustees by:
R Zuberi Trustee
R Chowdhury Trustee
S Slater U Rashid Trustee Trustee
M Anjum Charity Secret
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The Oitij-Jo Collective
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Oitij-Jo Collective
Year ended 31 October 2024
I report to the trustees on my examination of the financial statements of The Oitij-Jo Collective ('the charity') for the year ended 31 October 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M.R Accountants Independent Examiner
9b The Broadway, Woodford Green, Essex, IG8 0HL
26 August 2025
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The Oitij-Jo Collective
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 October 2024
| Note Income and endowments Donations and legacies Grant Interest Income 6 6 6 Total income Expenditure Expenditure on raising funds: Costs of raising donations and legacies 7 Total expenditure Net expenditure and net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 114,705 51,428 342 166,475 155,956 155,956 10,519 25,573 36,092 |
2024 Restricted funds £ – – – – – – – – – |
Total funds £ 114,705 51,428 342 166,475 155,956 155,956 10,519 25,573 36,092 |
2023 Total funds £ 103,477 90,995 212 |
|---|---|---|---|---|
| 194,684 | ||||
| 179,902 | ||||
| 179,902 | ||||
| 14,782 | ||||
| 10,791 | ||||
| 25,573 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 13 form part of these financial statements.
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The Oitij-Jo Collective
Company Limited by Guarantee
Statement of Financial Position
31 October 2024
| Note Fixed assets Tangible fixed assets 12 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Net assets Funds of the charity Restricted funds Unrestricted funds Total charity funds 14 |
2024 £ 39,608 3,516 |
£ - 36,092 36,092 36,092 - 36,092 36,092 |
2023 £ - 26,857 1,284 |
|
|---|---|---|---|---|
| 25,573 | ||||
| 25,573 | ||||
| 25,573 | ||||
- 25,573 |
||||
| 25,573 |
For the year ending 31 October 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 26 August 2024, and are signed on behalf of the board by:
R Zuberi Trustee
R Chowdhury Trustee
The notes on pages 8 to 13 form part of these financial statements.
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The Oitij-Jo Collective Company
Limited by Guarantee Statement of
Cash Flows
Year ended 31 October 2024
| Cash flows from operating activities Net expenditure Adjustments for: Depreciation of tangible fixed assets Unpaid wages Cash generated from operations Net cash used in operating activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2024 £ 10,519 - 2,232 12,751 12,751 12,751 26,857 39,608 |
2023 £ 14,782 - 784 |
|---|---|---|
| 15,566 | ||
| 15,566 | ||
| 15,566 11,291 |
||
| 26,857 |
The notes on pages 8 to 13 form part of these financial statements.
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 October 2024
1. Income and endowments
Funds - £114,705 Grant - £51,428 Interest Income - £342
2. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Piazza Unit C, Lighterman House, 3 Clove Crescent, London, E14 2BE.
3. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
4. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectationsof future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
4. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
4. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
4. Accounting policies (continued)
Financial instruments (continued)
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
5. Limited by guarantee
The Company is Limited by guarantee.
6. Donations and legacies
Income and endowments
7. Costs of raising donations and legacies
| Unrestricted | Total | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | Funds 2024 | Funds | 2023 | |
| £ | £ | £ | £ | |
| Expenses | 155,956 | 155,956 |
179,902 | 179,902 |
8. Net expenditure
Net expenditure is stated after charging/(crediting):
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | - | - |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
9. Independent examination fees
| Independent examination fees | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 500 | 500 |
10. Staff costs
The average head count of employees during the year was 9 (2023 - 1). The average number offull-time equivalent employees during the year is analysed as follows:
| Number of staff - type 1 | 2024 No. 2023 No. 9 1 |
|---|---|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity were received by the trustees.
12. Tangible fixed assets
| 12. Tangible fixed assets | |
|---|---|
| Equipment £ Cost At 1 November 2023 and 31 October 2024 _ Depreciation At 1 November 2023 Charge for the year At 31 October 2024 Carrying amount At 31 October 2024 At 31 October 2023 _ 13. Creditors: amounts falling due within one year 2024 £ Accruals and deferred income 500 Wages and salaries 3,016 |
Total £ _ |
| _ _ |
|
| _ | |
| _ | |
| _ | |
| 2023 £ 500 784 |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
14. Analysis of charitable funds
Unrestricted funds
| 14. Analysis of charitable funds Unrestricted funds |
||||||
|---|---|---|---|---|---|---|
| General funds General funds Restricted funds Restricted Fund 1 - desc in a/cs Restricted Fund 1 - desc in a/cs 15. Analysis of changes in net debt Cash at bank and in hand |
At 1 Nov 2023 £ 25,573 At 1 Nov 2022 £ 10,791 At 1 Nov 2023 £ - At 1 Nov 2022 £ - |
Income £ 166,475 Income £ 194,684 Income £ - Income £ - At 1 Nov 2023 £ 26,857 |
Expenditure £ (155,956) Expenditure £ (179,902) Expenditure £ - Expenditure £ - Cash flows £ 12,751 |
At 31 Oct 2024 £ 36,092 |
||
| At 31 Oct 2023 £ 25,573 |
||||||
| At 31 Oct 2024 £ - |
||||||
| At 31 Oct 2023 £ - |
||||||
| At 31 Oct 2024 £ 39,608 |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
Trustees’ annual report (including Directors’ report) for the period
From: Period start date – 1[st] November 2023 To: Period end date – 31[st] October 2024
Charity name: The OITIJ-JO Collective Charity registration number: 1193983 Company number: 08727602 Objectives and activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote and share awareness, understanding, appreciation and development of Bengali arts, crafts and cultural heritage in all forms of their expression, for the general benefit of the people of the United Kingdom, and especially of communities or districts associated in any particular manner with the south Asian region of Bengal. To advance education and training in knowledge and skills relevant to the commercial practice of specific domestic crafts including but not restricted to creative work with foods and with fabrics, in particular among British Bengali women and young people |
| 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 |
OITIJ-JO is dedicated to celebrating Bengali arts and crafts while fostering a sense of community, collaboration, and engagement. Operating out of Tower Hamlets, the organisation focuses on supportingunderemployed women, |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
particularly from the British Bangladeshi community, by providing valuable training and creative opportunities. Key Areas of Focus 1) OITIJ-JO Arts & Crafts The organisation also facilitates workshops, exhibitions, and talks, creating spaces for artists and participants to connect, exchange skills, and share cultural insights. 2) OITIJ-JO Kitchen Launched in 2019, this training initiative in catering and hospitality, equips minoritised women, especially British Bangladeshi women, with the skills and support needed to secure flexible, paid employment. 3) OITIJ-JO Design Studios This project centres around sustainable design, training women creative techniques in upcycling and crafting with recycled materials while offering collaborative platforms for skill-sharing and co-creation. 4) Strategic Engagement OITIJ-JO actively collaborates with various stakeholders and networks. Highlights of its initiatives include a 2023 report with the Craft Council, 'Wow! I did this,' the "Stitching Lights" project, which formed part of the Canary Wharf Light Festival, OITIJ-JO supported artist winning the East London Art Prize, 2025 and most recently, being invited to be the community partner with Whitechapel Gallery for the Summer 2026 Biennale. Through these core activities, OITIJ-JO continues to make a tangible impact, empowering communities and providing
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
| platforms for creativity to nourish for all in the community. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Through the four core activities, as stated previously, OITIJ-JO makes a tangible impact, empowering communities and providing platforms for creativity to nourish for all in the community. And thus, contribute to public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
| Contribution made by volunteers |
Para 1.38 | We have volunteers and volunteering at the heart of OITIJ-JO’s work. Feedback from our 2024 survey of users and activity participants and supporters was, people wanted to support OITIJ-JO’s work through volunteering. Gain more knowledge and understanding of the work and give something back. All our projects and activities allow for volunteers. |
|---|---|---|
| Other |
Achievements and performance
| 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 | OITIJ-JO Activities: Nov – Dec 2023 Workshops – 5 / Open Days – 1 Attendees - 70 OITIJ-JO Activities: Jan 2024 – Feb 2025 65 workshops involving: Events / Talks x 12 : 453 attendees Exhibitions / Panel Talks / Book Launch x 4: 380 attendees Community Mela (Fair / Fete) x 4 Catering Events 80 - 90% in Tower Hamlets |
|
|---|---|---|---|
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
Trainees for OITIJ-JO Design Studio and OITIJ-JO Kitchen – 40 – residents of Tower Hamlets Kitchen Team Members joining after – 40 - residents of Tower Hamlets
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
| Other | ||
|---|---|---|
| Financial review | ||
| Review of the charity’s financial position at the end of the period |
Para 1.21 | £166,475 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | At present, all unspent unrestricted funds are moved to the Savings Account. OITIJ-JO is working to have a robust Reserve Policy reflecting its everyday working. |
| Amount of reserves held | Para 1.22 | To be decided |
| Reasons for holding zero reserves |
Para 1.22 | OITIJ-JO has a new board of Trustees / Director from June/ July 2025. They are getting familiarised with all the policies, and system and intends to review and set the new guidelines for the new financial year – 1stNovember 2025. Previous Trustees / Directors attempted to set appropriate policies and procedures in place. OITIJ-JO, lost its original Trustees / Directors, in 2022/23 – two of them passing away within a month of each other. This made it very challenging for the Charity and something that the previous Trustees were working through to set everything up. |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the |
Para 1.23 | N/A |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
charity continuing as a going concern
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, governance and management
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example, trust deed, memorandum and articles of association etc |
Para 1.25 | Articles of Association |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | Company Limited by Guarantee |
| Trustee selection methods including 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 | Trustees are selected and referred by other Trustees and OITIJ-JO Director. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and administrative details
| Charity name | The OITIJ-JO Collective |
|---|---|
| Other name the charity uses |
OITIJ-JO |
| Registered charity number | 1193983 |
| Charity’s principal address | Unit 3, Lighterman House, 3 Clove Crescent, London E14 2BB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 |
Trustee name | Office (if any) | Dates acted if not for whole year |
|---|---|---|---|
| Muna F Anjum | Chair | June 2025 | |
| Rana Chowdhury | July2025 | ||
| Rumana Zuberi | Treasurer | June 2025 | |
| Sian Slater | July 2025 | ||
| UshaRashid | July2025 | ||
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
13 14 15 16 17 18 19 20
– Corporate trustees names of the directors at the date the report was approved
| Director name | |
|---|---|
| Muna F Anjum | 27thAugust 2025 |
| Rana Chowdhury | |
| Rumana Zuberi | |
| Sian Slater | |
| Usha Rashid | |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|---|---|
| N/A | |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
Project delivery funding |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
Paraa, Bangladesh January 2023 – May 2025 “ …… working with training, developing, exhibiting the work of artists, designers and neighbourhoods in Bangladesh and the UK”. |
| Details of arrangements for safe custodyand |
Partnership Agreement |
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (optional information) Type of Name Address adviser
Name of chief executive or names of senior staff members (optional information) – Maher R anjum Director and Company Secretary
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Full name(s) Maher Anjum Position (for example Secretary Secretary, Chair, etc) Date 27[th] Aug 2025
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The Oitij-Jo Collective
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 October 2024
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