Grace for Impact UK
Charity Number: 1194485
Trustees’ Annual Report for the Year Ended 31 March 2022
1. Purpose and Aims
Grace for Impact UK exists to promote better health and wellbeing for individuals and communities who are underserved or vulnerable.
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Our purpose is rooted in compassion: to share knowledge, provide guidance, and offer practical help that strengthens lives.
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We aim to advance health, save lives, and uplift communities both in the UK and internationally, working wherever we can make a positive difference.
2. Objectives and Activities
During the year ended 31 March 2022, the charity focused its activities on advancing health and wellbeing internationally.
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The Nigeria GFI project was the charity’s primary programme, supporting communities in Nigeria through targeted health initiatives.
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Support and advice were provided to beneficiaries through partner organisations.
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Administrative activities included charity registration, coordination of virtual meetings, and general management to ensure compliance and smooth operations.
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Collaboration with partners in Nigeria and the United States strengthened the charity’s overseas programmes.
3. Public Benefit Statement
By delivering the Nigeria GFI project and providing guidance through partners, the charity helped individuals and communities overseas make informed health choices and improve wellbeing.
4. Achievements and Performance
Key achievements in 2021–22 included:
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Delivery of the Nigeria GFI project, supporting health initiatives overseas.
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Strengthening partnerships to improve programme delivery.
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Maintenance of governance and compliance activities.
Financial performance:
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Total income: £570
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Total expenditure: £1,338.88
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Deficit funded from reserves
Despite limited income, the charity successfully delivered overseas health projects and maintained online support.
5. Financial Review — Year Ended 31 March 2022
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Bank opening balance: £6,388.43
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Bank closing balance: £6,958.43
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Petty cash: £103.89
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Amount due: £1,896.11
Trustees maintained reserves to ensure continuity of operations. The majority of funds were directed toward charitable activities, demonstrating a strong commitment to impact.
6. Structure, Governance and Management
Grace for Impact UK is governed by its Board of Trustees, who are responsible for strategic oversight and compliance.
Trustees serving during the year ended 31 March 2022:
Adetola Elewa (Chair), Iyabo Adediran (Secretary), Atinuke Ajao, Israel Omojola, Mosunmola Abiola Oluikpe, Olutunmbi Idowu
The trustees meet regularly to:
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Monitor charitable activities.
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Review financial performance.
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Make strategic decisions to advance the charity’s aims.
7. Statement of Trustees’ Responsibilities
The trustees are responsible for ensuring that:
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The charity complies with its governing document and the Charities Act 2011.
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The accounts give a true and fair view of the charity’s financial position.
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Accounts are prepared on a Receipts and Payments basis in accordance with applicable regulations.
The trustees confirm that they have discharged these responsibilities during the year.
Appendix: Receipts & Payments Statement
For the year ended 31 March 2022
Receipts
| Category | Amount | (£) |
|---|---|---|
| Donations | 470.00 | |
| Deloitte Training Payment | 100.00 |
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| Total Income | 570.00 | |
| Payments | ||
| Category | Amount (£) | |
| Nigeria GFI project | 500.00 | |
| Administration | 838.88 | |
| Total Expenditure | 1,338.88 | |
| Net Movement in Funds | ||
| Item | Amount (£) | |
| Defcit for the year | (768.88) | |
| Balances | ||
| Item | Amount (£) | |
| Bank opening balance (1 Apr 2021) | 6,388.43 | |
| Bank closing balance (31 Mar 2022) | 6,958.43 | |
| Petty cash | 103.89 | |
| Total funds held | 7,062.32 |
Notes
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Although expenditure exceeded income, reserves were sufficient to cover the deficit.
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Trustees maintained reserves to ensure continuity of operations and financial stability.
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Accounts prepared on a Receipts & Payments basis in accordance with the Charities Act 2011.