International Organisation for Peace Building and Social Justice UK Trustees Report and Unaudited Accounts 31 March 2023 Charity No. 1194961 Company No. 12253443 **----- Start of picture text -----**
CONTENTS
Reference and administrative details of the charity 2
Trustees' report 3 - 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 10
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International Organi5ation for Peace Building and Social justice UK For the year ended 31 March 2023 Reference and Administrdtive Details of the Charity. Trustees and Advisors. Trustees: Oluwagbemiga 8adejo - Chair Oladapo Badejo Ifechukwu Nnatuanya Toluwalope Tade Chinwe Kalu-uma Company registered number. 12253443 Charity registered number: 1194961 Registered Offite: 44 WatFord Way London NW4 3AL Accountants TaxAssist Accountants 51 Church Street Enfield EN2 6AN International Organi5ation for Peace Building and Social justice UK For the year ended 31 March 2023 Trustees Annual Report Forthe yearended 31 March 2023 The Trustees, who are also the Directors of International Organisation for Peace Building and Social Jushce UK for the purposes of Companies Act 2006 presents their report with the unaudited linancial statements of the charity for the year ended 31 March 2023. Legal and Administrative detsils International Organisation for Peace Building and Social Justice UK Ithe 'Charity'l is a charity established and registered under the laws of England and Wales presently operational as arb incorporated private company, limited by guarantee without share capital (the 'Company"I registered on 10 Oct 2019, as well as a charitable incorporated organisation (the "CIO") registered on 25 June 2021. Company number 12253443 Charity No. 1194961 Registered Offite: 44 Watford Way London NW4 3AL Dirertor and Trustee The Directors of the Company are also the Trustees of the CIO for the purposes of charity law. The following Directors and Trustees served during the year.. Oluwagbemiga 8adejo- Chair Oladapo Badejo Ifechukwu Nnatuanya Toluwalope Tade Chinwe Kalu-uma The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Charity, and hence required to take reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies, regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Chafities SORP IFRS 1021. Structure. Governance and Management International Organisation for Peace Building and Social justice UK is a registered charity operating as a company limited by guarantee without share capital and a registered charitable incorporated organisation with the Charity Commission for England and Wales. International Organi5ation for Peace Building and Social justice UK For the year ended 31 March 2023 Trustees, Annual Report continued Forthe yearended 31 March 2023 No Director has any beneficial interest in the Charity. Every member of the Charity promises that if the Charity is dissolved while he or she is a member or within twelve months after he or she ceases to be a member, to contribute such sum (not exceeding £1) that may be demanded towards the payment of debts and liabilities of the Charity. Objertlves The Charity's objects are: To promote human rights in Nigeria las set out in the Universal Declaration of Human Rights and subsequent United Nations human rights conventions and declarations) by monitoring abuses of human rights, relieving the needs among the victims of human rights abuse, and research and documenting human right abuses, raising awareness of human rights violations that occur in Nigeria to the notice and attention of foreign countries, especially in the UK. In furtherance of that object but not otherwise, the trustees shall have the power to engage in political activity provided that the trustees are satisfied that the proposed activities will further the purposes of the charity to an extent justilied by the resources committed and the activity is not the dominant means by which the charity carries out its objects. Public Benefit Achievements and Performances: The Trustees are pleased to report that the following activities has helped the Charity build a wider network of relationships within the local community and state that the charity is constantly seeking further ways to better engage, impact and serve the wider community better. Recrultment and Appolntment of Trustees Appointment of trustees beEun from the lirst annual general meeting and was in accordance with the articles of association. At every subsequent annual general meeting, one third of the trustees are subject to retirement by rotation. If the Charity at the meeting at which a trustee retires by rotation does not fill the vacancy the retirirbg trustee shall, if willing to act, be deemed to be reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution is put to the meeting and lost. The number of trustees shall not be less than two and are not subject to any maximum. Trustees have the power to co-opt members to a committee so lonE as those co-opted members do not exceed one half of the total number of trustees on that committee. Trustee Induction and Training New trustees are required to undergo an orientation day in order to be briefed on legal obli8ations expected of them under charity and company law, the content of the Memorandum and Articles of Association and the processes on decision making within the Charity. The Charity encourages trustees to attend, at their discretion- appropriate external training events were these will be used for the undertaking of the role. International Organi5ation for Peace Building and Social justice UK For the year ended 31 March 2023 Trustees, Annual Report continued Forthe yearended 31 March 2023 Organisational Structure The Trustees, presently tive, provide the strategic direction of the Charity. The aims and objectives are communicated to the Charity. A55et5 held on behalf of another charity. There are no assets held on behalf of another charity. From the strategy the Trustees have identified a few minor risks. These are known to the Trustees and have been mitigated accordingly. Risk Management The Trustees have a risk management strategy that includes: An annual review of the risks the Charity may face. The establishment of systems and procedures to mitigate those risks identified in the plan. The implementation of procedures designed to minimise any potential impact on the Charity should they materialise. Financial risk is to be mitigated by the secretary monitoring the bank frequently to ensure no losses from error or fraud take place. The policies of risk management are continuously reviewed to ensure they still meet the needs of the Charity. Trustees, Responsibilities The Trustees (who are also the Directors of International Organisation for Peace and Social Justice UK for the purposes of company lawl are responsible for preparing the Trustees, report and other relevant records in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company law requires that the Trustees prepare financial statements for each financial year, which gives a true and fair view of the Charity, incoming resources, and the application of aforementioned resources- including the income and expenditure of the Charity In preparinE these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP IFRS 1021 make judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the linancial statements. prepare the financial statements on the going concern basis unless It is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial International Organi5ation for Peace Building and Social justice UK For the year ended 31 March 2023 Trustees, Annual Report continued Forthe yearended 31 March 2023 statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence required to take reasonable steps for the prevention and detection of fraud and other irregularities. The report has been prepared in accordance with the special provisions relating to companies, subject to the small companies, regime within Part 15 of the Companies Art 2(x)6 and in accordance with the Charities SORP IFRS 1021. This report was approved by the Trustees on 31 Dec 2023 and signed on their behalf by.. 31 Jan 2024 Oluwagbemiga Badejo Chairman **----- Start of picture text -----**
Section A Statement of financial activities
Unrestricted Restricted 2023 2022
Note funds funds Total Funds Total Funds
£ £ £ £
Incoming from
Donations 5,358 - 5,358 221,827
Total income 5,358 - 5,358 221,827
Expenditure on
Adovcacy 14,141 - 14,141 4,559
Events 9,818 - 9,818 3,838
Media 6,395 - 6,395 4,031
Operations 138,516 - 138,516 73,968
Technology 3,007 - 3,007 8,129
Projects - - - -
-
Total expenditure 171,876 171,876 94,524
-
Net income/(expenditure) (166,518) (166,518) 127,303
Reconciliation of funds:
-
Total funds brought forward 451,019 451,019 323,716
Total funds carried forward 284,501 - 284,501 451,019
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Section B Balance sheet
2023 2022
Total Funds Total Funds
Note
£ £
Fixed assets
Tangible assets 1,437 -
Total fixed assets 1,437 -
Current assets
Cash at bank and in hand 289,011 454,921
Debtors 1,500 -
Total current assets 290,511 454,921
Liabilites
Creditors: amounts falling due within one year
7,447 3,902
Net current assets/(liabilities) 7,447 3,902
Total Net Assets 284,501 451,019
Funds of the Charity
Unrestricted income funds 284,501 451,019
Restricted income funds
Total funds 284,501 451,019
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**Section C Notes to the accounts** **----- Start of picture text -----**
Note 1 Donations
2023 2022
£ £
Donations 5,358 221,827
Note 2 Charitable activities
2023 2022
£ £
Costs of Generating Funds 171,876 94,524
Note 3
Fixtures &
Fittings &
Equipment
Costs £
-
At 1 Apr 2022
Additions 2,155
At 31 Mar 2023 2,155
Depreciation
-
At 1 Apr 2022
Charge for the year 718
At 31 Mar 2023 718
Net Book Value
At 31 Mar 2023 1,437
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