Company registration number: 12253443 Charity registration number: 1194961
INTERNATIONAL ORGANISATION FOR PEACE BUILDING AND SOCIAL JUSTICE (PSJ) UK TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
TaxAssist Accountants Enfield
International Organisation For Peace Building and Social Justice (PSJ) UK Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2—4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities (including Income and Expenditure Account) | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8—10 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 11 |
International Organisation For Peace Building and Social Justice (PSJ) UK Reference and Administrative Details For The Year Ended 31 March 2025
| Trustees | Mr Ifechukwu Nnatuanya - Trustee |
|---|---|
| Mr Oluwagbemiga Badejo - Chairman | |
| Miss Toluwalope Tade - Trustee | |
| Mr Oladapo Badejo - Trustee | |
| Miss Chinwe Kalu-Uma - Trustee | |
| Charity Number | 1194961 |
| Company Number | 12253443 |
| Registered Office | 44 Watford Way Watford Way |
| London | |
| NW4 3AL | |
| Independent Examiner | TaxAssist Accountants Enfield |
| TaxAssist Accountants Enfield | |
| 51 Church Street | |
| Enfield | |
| EN2 6AN |
Page 1
International Organisation For Peace Building and Social Justice (PSJ) UK Company No. 12253443 Trustees' Report For The Year Ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025.
Objectives and Activities
Aims and Objectives
The trustees, who are also the directors of International Organisation for Peace Building and Social Justice UK for the purposes of Companies Act 2006 presents their report with the unaudited financial statements of the charity for the year ended 31 March 2024.
Legal and Administrative details
International Organisation for Peace Building and Social Justice UK was incorporated as a private company, limited by guarantee, on 10 Oct 2019, Company number 12253443 Charity No. 1194961
Registered Office:
44 Watford Way London NW4 3AL
Director and Trustee
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees served during the year:
Oluwagbemiga Badejo - Chair Oladapo Badejo Ifechukwu Nnatuanya Toluwalope Tade
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 Trustee is also responsible for safeguarding the assets of the charity and hence taking 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 Charities SORP (FRS 102).
Public Benefit
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.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Structure, Governance and Management
Governing Document
Structure, Governance and Management
International Organisation for Peace Building and Social Justice UK is a charitable company limited by guarantee and registered with the Charity Commission for England and Wale and the Office of the Scottish Charity Regulator.
No director has any beneficial interest in the charitable company. Every member of the Charity promises that if the Chairty 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.
Objectives
The charity's objects are:
...CONTINUED
Page 2
International Organisation For Peace Building and Social Justice (PSJ) UK Trustees' Report (continued) For The Year Ended 31 March 2025
Governing Document - continued
To promote human rights in Nigeria (as 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 justified by the resources committed and the activity is not the dominant means by which the charity carries out its objects.
Trustee Selection Methods
Recruitment and Appointment of Trustees
Appointment of trustees begun from the first 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 company at the meeting at which a trustee retires by rotation does not fill the vacancy the retiring 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 long as those co-opted members do not exceed one half of the total number of trustees on that committee.
Trustee Induction and Training
Any new trustees undergo an orientation day to brief them on their legal obligations under Charity and Company Law, the content of the Memorandum and Articles of Association and the processes on decision making within the organisation. The Charity encourages trustees to attend, at their discretion; appropriate external training events were these will be used for the undertaking of the role.
Statement of Trustees' Responsibilities
The trustees (who are also the directors of International Organisation For Peace Building and Social Justice (PSJ) UK for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgments and accounting estimates that are reasonable and prudent; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This 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 Act 2006.
Page 3
International Organisation For Peace Building and Social Justice (PSJ) UK Trustees' Report (continued) For The Year Ended 31 March 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Oluwagbemiga Badejo Trustee 30/12/2025
Page 4
International Organisation For Peace Building and Social Justice (PSJ) UK Independent Examiner's Report to the Trustees of International Organisation For Peace Building and Social Justice (PSJ) UK For The Year Ended 31 March 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts 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 your 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 Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts 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
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the accounts 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.
TaxAssist Accountants Enfield 30/12/2025 51 Church Street Enfield EN2 6AN
Page 5
International Organisation For Peace Building and Social Justice (PSJ) UK Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 5 NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted funds £ 46,308 |
2024 Unrestricted funds £ 17,677 |
|---|---|---|
| (118,054) | (194,654) | |
| (71,746) | (176,977) | |
| (71,746) 107,524 |
(176,977) - |
|
| 35,778 | 107,524 |
The notes on pages 8 to 10 form part of these financial statements.
Page 6
International Organisation For Peace Building and Social Justice (PSJ) UK Statement of Financial Position As At 31 March 2025
| Notes FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors Cash at bank and in hand Creditors: Amounts Falling Due Within One Year NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS |
Unrestricted funds £ 639 |
Restricted funds £ - |
2025 Total funds £ 639 |
2024 Total funds £ 958 |
|---|---|---|---|---|
| 639 2,193 31,356 |
- - - |
639 2,193 31,356 |
958 1,547 108,672 |
|
| 33,549 1,590 |
- - |
33,549 1,590 |
110,219 (3,653) |
|
| 35,139 | - | 35,139 | 106,566 | |
| 35,778 | - | 35,778 | 107,524 | |
| 35,778 | - | 35,778 | 107,524 | |
| 35,778 | 107,524 | |||
| 35,778 | 107,524 |
For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Oluwagbemiga Badejo
Trustee 30/12/2025
The notes on pages 8 to 10 form part of these financial statements.
Page 7
International Organisation For Peace Building and Social Justice (PSJ) UK Notes to the Financial Statements For The Year Ended 31 March 2025
1. General Information
International Organisation For Peace Building and Social Justice (PSJ) UK is a company limited by guarantee, incorporated in England & Wales, registered number 12253443 and registered charity number 1194961. The registered office is 44 Watford Way Watford Way, London, NW4 3AL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: 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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Recognition of income
- These are included in the Statement of Financial Activities (SoFA) when: · the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; · the monetary value can be measured with sufficient reliability.
2.3. Resources Expended
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery | 33.33% |
|---|---|
| Fixtures & Fittings | 33.33% |
| Computer Equipment | 33.33% |
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Donations and gifts Grants |
2025 Unrestricted funds £ 23,002 23,306 |
2024 Unrestricted funds £ 17,677 - |
|---|---|---|
| 46,308 | 17,677 |
The following donations and legacies are included within the total income from donations and legacies above:
The following grants are included within the total income from donations and legacies above:
Page 8
International Organisation For Peace Building and Social Justice (PSJ) UK Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Grants . Net Income/(Expenditure) he net expenditure is stated after charging/(crediting): Depreciation of tangible fixed assets - owned |
2025 Unrestricted funds £ 23,306 |
2024 Unrestricted funds £ - |
|---|---|---|
| 2025 £ 319 |
2024 £ 479 |
- Net Income/(Expenditure)
The net expenditure is stated after charging/(crediting):
- Analysis of Expenditure
| . Analysis of Expenditure |
|||
|---|---|---|---|
| Raising funds Raising funds . Support Costs General administration Depreciation General administration Depreciation |
Activities undertaken directly £ 101,223 |
Support costs (see note 6) £ 16,831 |
2025 Total £ 118,054 |
| Activities undertaken directly £ 184,700 |
Support costs (see note 6) £ 9,954 |
2024 Total £ 194,654 |
|
| 2025 Raising funds £ 16,512 319 |
|||
| 16,831 | |||
| 2024 Raising funds £ 9,475 479 |
|||
| 9,954 |
- Support Costs
Page 9
International Organisation For Peace Building and Social Justice (PSJ) UK Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
7. Average Number of Employees
Average number of employees during the year was: 1 (2024: 1)
8. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
9. Related Party Disclosures
10. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 10
International Organisation For Peace Building and Social Justice (PSJ) UK Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Grants EXPENDITURE ON: Raising funds Advocacy Operations Media Technology Depreciation of computer equipment NET EXPENDITURE |
2025 Total funds £ 23,002 23,306 |
2024 Total funds £ 17,677 - |
|---|---|---|
| 46,308 | 17,677 | |
| 46,308 (1,932) (99,291) (236) (16,276) (319) |
17,677 (26,134) (158,566) (3,198) (6,277) (479) |
|
| (118,054) | (194,654) | |
| (118,054) | (194,654) | |
| (71,746) | (176,977) |
Page 11
International Organisation For Peace Building and Social Justice UK - TAR_31.03.2025 (1)
Final Audit Report
2026-01-29
Created: 2026-01-29 By: TaxAssist Accountant Enfield (enfield@taxassist.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAHyXuzFZputDw4or48RenhsSVkvv8U-QK
"International Organisation For Peace Building and Social Justic e UK - TAR_31.03.2025 (1)" History
Document created by TaxAssist Accountant Enfield (enfield@taxassist.co.uk)
2026-01-29 - 1:04:29 PM GMT
Document emailed to Gbenga Badejo (gbenga@badejo.com) for signature 2026-01-29 - 1:04:33 PM GMT
Email viewed by Gbenga Badejo (gbenga@badejo.com)
2026-01-29 - 1:19:54 PM GMT
Document e-signed by Gbenga Badejo (gbenga@badejo.com)
Signature Date: 2026-01-29 - 1:21:43 PM GMT - Time Source: server
Agreement completed.
2026-01-29 - 1:21:43 PM GMT