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2025-03-31-accounts

NZILA ZOLA FOUNDATION

Charity Incorporated Organisation (C.I.O)

Financial Statements

For the period ended

31[st] March 2025

Registered Charity No: 1193994

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NZILA ZOLA FOUNDATION Year Ended 31[st] March 2025

Charity Number: 1193994

Principal address:

Flat 31 Maynard Court 2 Harston Drive Enfield EN3 6GL

Committee Members:

Pierre S Diangangu - Chair Jean-Claude Kunga Victoria Isidorina Kiala

Governing document

The organisation is operated under the rules of its constitution.

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NZILA ZOLA FOUNDATION

FINANCIAL ACCOUNTS

FOR YEAR ENDED 31[ST] MARCH 2025

CONTENTS

Pages

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NZILA ZOLA FOUNDATION Year Ended 31[st] March 2025

Annual Report

The committee are please to present the financial report for the period ended 31[st] March 2025, the first accounting period of the Charitable Incorporated Organisation.

Structure, Governance and management

Nzila Zola Foundation is a charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, dated 1[st] April 2021.

If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

The affairs of the charity are managed on a day-to-day basis by the trustees, who may exercise all the powers of the CIO.

The trustees of served during the year are shown on page 2 of this report.

Appointment of Trustees

In accordance with the terms of the constitution, there must be at least three charity trustees. If the number falls below the minimum, the remaining trustees can act only to call a meeting of the trustees or appoint a new trustee.

The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.

Each new trustee is given a copy of the constitution and the latest trustees’ annual report and accounts, on or before appointment.

Charitable Objects & activities

Advice and Support in improving health and wellbeing. Activities include, Counselling sessions and keep fit activities. Provide educational support to disadvantage people. Activities include training, ESOL Classes, Employability support and supplementary education. Provide inclusive support to disabled and elderly people. Activities include luncheon club, Health awareness and advice & guidance.

Health and Wellbeing

We’ve taken meaningful steps to address health concerns within our community by:

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NZILA ZOLA FOUNDATION Year Ended 31[st] March 2025

Information Services and Advice

We keep our community informed about our initiatives and any governmental changes that may affect their lives. This is achieved through strong partnerships with local churches and the Council for Voluntary Services (CVS). Our quarterly newsletter features dedicated columns on:

Topics covered in our network events include:

We produce and distribute research and informational materials to our mailing list and make them available at our office for wider access. Through active engagement with council offices, councillors, and service commissioners, we help ensure our community understands the evolving landscape of social services.

Youth Engagement

Thanks to financial support from local organizations in London and Enfield, we’ve developed youth-focused initiatives that promote wellbeing and empowerment. Our seminars have welcomed young people from local churches, the Congolese community, and beyond. These events have:

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Planning Ahead

Looking to the future, we aim to strengthen and expand our services. Funding will be sought to support:

Reserves policy and Going Concern

The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that The Nzila Zola Foundation core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.

Risk Management

The trustees have a risk management strategy which comprises:

● an annual review of the principal risks and uncertainties that the charity undertakes.

● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and

● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.

Volunteers

The charity relied a great deal on volunteers to perform a variety of tasks. 2 volunteers helped in this financial year.

Signed on behalf of all members,

Mr Pierre Diangangu Date: 11/11/2025

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NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION NZILA ZOLA FOUNDATION
Receipt and Payment Account for the period ended 31st March 2025
INCOMING RESOURCES
Voluntary income: Donation

Other Income
TOTAL INCOMING RESOURCES
RESOUCES EXPENDED
Events Expenses
Professional fees
Homelessness activities
Transport and travel
TOTAL RESOUCES EXPENDED
Net Incomings and (outgoings)
BALANCE BROUGHT FORWARD
TOTAL FUNDS AT 31 MARCH 2025		 Unrestricted
Funds
£
6,661
-
6,661
2,354
350
2,400
1,550
6,654
7
64		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-		 Total
Funds
2025
£
6,661
-
6,661
2,354
350
2,400
1,550
6,654
7
64
71		 Total
Funds
2024
£
1,685
-
1,685
1,383
300
-
-
1,683
2
62
71 - 64

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NZILA ZOLA FOUNDATION

Statement of Assets & Liabilities as at 31[st] March 2025

Monetary Assets Unrestricted Restricted Total Funds Funds Funds Funds 2025 2024 £ £ £ £ Bank & Cash in Hand 421 - 421 64

Liability

Professional fees £350

The accounts were approved by the Committee Members on 11/11/2025 and signed on their behalf by: -

……………………….........

(Chairperson)

Pierre Diangangu

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NZILA ZOLA FOUNDATION Year Ended 31[st] March 2025

Notes to the accounts

1. Accounting Basis

These accounts were prepared on a receipts and payments basis, with all revenue and expenses shown on a cash basis.

2. Fixed Assets

The organisation has no fixed assets.

3. Cash Flow Statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.

4.Taxation

Nzila Zola Foundation is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.

5.Status

Nzila Zola Foundation is a registered charity.

6. Support Cost

Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.

7. Staff Costs

No staff on payroll No sessional workers were paid. None of the employees received emoluments in excess of £60,000 in the year. Trustees are not remunerated.

8. Pension costs and other post-retirement benefits

The organisation does not have a pension scheme.

9. Creditors

Professional fees of £350 is owed for this financial year

10. Debtors

The Organisation has no debtors.

11. Restricted Fund Analysis

No restricted received in this financial year.

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