## **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**
- **4-6. Trustees Report 7. Receipts and Payments Account 8. Statement of assets and liabilities 9. Notes to the Accounts**
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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:
- Creating and distributing health resources, including HIV/AIDS information
- Hosting focus group discussions for parents and youth on key health topics
- • Collaborating with health agencies and statutory bodies to meet specific community health needs
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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:
- National and local issues
- Community updates
- Events and announcements
Topics covered in our network events include:
- The Asylum and Immigration Bill
- Welfare Reform legislation
- NHS modernization
- Equal service rights for disabled individuals
- Drug prevention and treatment advice
- Teenage pregnancy awareness
- Employment and training opportunities
- Women's issues
- Basic HIV/AIDS information
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:
- Raised awareness of available opportunities
- Explored challenges such as education, health, social exclusion, isolation, and substance misuse
- Equipped youth with knowledge to improve their lives
- Provided information on youth services and social activities
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## **Planning Ahead**
Looking to the future, we aim to strengthen and expand our services. Funding will be sought to support:
- Advice and Information services, with a focus on cost-of-living challenges
- Community Access to Information and Communication Technology Programme
- Family Learning Scheme
- Youth Projects
## **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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