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||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Balance Sheet||6|
|Statement of Cash flows||7|
|Notes to the Accounts|8 to|11|
|Detailed Statement of Financial Activities|12 to|13|





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|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total funds|Total funds|
|||2024|2024|2024|2023|
||Notes|||||
|Income and endowments||||||
|from:||||||
|Donations and legacies|4|2,857||2,857|560|
|Charitable activities|5||3,456|3,456||
|Total||2,857|3,456|6,313|560|
|Expenditure on:||||||
|Charitable activities|6||3,456|3,456||
|Other|7|2,955||2,955|911|
|Total||2,955|3,456|6,411|911|
|Net gains on investments||||||
|Net expenditure||(98)||(98)|(351)|
|Transfersbetween funds||||||
|Net expenditure before<br>other gains/(losses)||(98)||(98)|(351)|
|Other gains and losses||||||
|Net movement in funds||(98)||(98)|(351)|
|Reconciliation of funds:||||||
|Total funds brought forward||(7,673)||(7,673)|(7,322)|
|Total funds carriedforward||(7,771)||(7,771)|(7,673)|





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|Company No.|Notes|2024|2023|
|---|---|---|---|
|Current assets||||
|Cash at bank and in hand||42,444|42,496|
|||42,444|42,496|
|Creditors: Amount falling due within one year|9|(12,243)|(12,197)|
|Net current assets||30,201|30,299|
|Total assets less current liabilities||30,201|30,299|
|Creditors: Amounts falling due after more than one year|10|(37,972)|(37,972)|
|Net liabilities excluding pension assetor liability||(7,771)|(7,673)|
|Total net liabilities||(7,771)|(7,673)|
|The funds of the charity||||
|Restricted funds|11|||
|Unrestricted funds|11|||
|Generalfunds||(7,771)|(7,673)|
|||(7,771)|(7,673)|
|Reserves|11|||
|Total funds||(7,771)|(7,673)|





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|Expenditure||
|---|---|
|Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any VAT|
|expenditure|which cannot be fully recovered, and is reported as part of the expenditure to|
||which it relates.|
|Expenditure on|These comprise the costs associated with attracting voluntary income, fundraising|
|raising funds|trading costs and investment managementcosts.|
|Expenditure on|These comprise the costs incurred by the Charity in the delivery of its activities and|
|charitable activities|services in the furtherance of its objects, including the making ofgrants and|
||governance costs.|
|Grants payable|All grant expenditure is accounted for on an actual paid basis plus an accrual for|
||grants that have been approved by the trustees atthe end of the year but not yet|
||paid.|



|charitable activities<br>Grants payable|services in the furtherance of its objects, including the making ofgrants and<br>governance costs.<br>All grant expenditure is accounted for on an actual paid basis plus an accrual for<br>grants that have been approved by the trustees atthe end of the year but not yet<br>paid.|
|---|---|
|Governance costs|These include those costs associated with meeting the constitutional and statutory|
||requirements of the Charity, including any audit/independent examination fees,|
||costs linked to the strategic management oftheCharity,together with a share of|
||other administration costs.|
|Other expenditure|These are support costs not allocated to a particular activity.|



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|3<br>|Statement of Financial Activities<br>- prioryear||||
|---|---|---|---|---|
||||Unrestricted||
||||funds|Total funds|
||||2023|2023|
|Income and endowments from:|||||
||Donations and legacies||560|560|
|Total|||560|560|
|Expenditure on:|||||
||Other||911|911|
|Total|||911|911|
|Net|income||(351)|(351)|
|Net|income before other||(351)|(351)|
|gains/(losses)|||||
|Other gains and losses:|||||
|Net|movement in funds||(351)|(351)|
|Reconciliation of funds:|||||
|Total funds brought forward|||(7,322)|(7,322)|
|Total funds carried forward|||(7,673)|(7,673)|
|4|Income from donations and legacies||||
|||Unrestricted|Total|Total|
||||2024|2023|
||Donation Received|2,857|2,857|560|
|||2,857|2,857|560|
|5|Income from charitable activities||||
|||Restricted|Total|Total|
||||2024|2023|
||Funds generated through|3,456|3,456||
||events||||
|||3,456|3,456||





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|6|Expenditure on charitable activities||||
|---|---|---|---|---|
|||Restricted|Total|Total|
||||2024|2023|
||Expenditure on charitable||||
||activities||||
||Food for events|3,456|3,456||
||Governance costs||||
|||3,456|3,456||
|7|Other expenditure||||
|||Unrestricted|Total|Total|
||||2024|2023|
||Employeecosts|174|174|100|
||Motor and travel costs|565|565|211|
||Premises costs|845|845||
||General administrative costs|21|21||
||Legal and professional costs|1,350|1,350|600|
|||2,955|2,955|911|
|8|Staffcosts||||
||No employee received emoluments in excess of €60,000.||||
|9|Creditors:||||
||amountsfalling due within one year||||
|||2024||2023|
||Bank loans and overdrafts|11,644||11,644|
||Other creditors|||554|
||Accruals|599||(1)|
|||12,243||12,197|
|10|Creditors:||||
||amounts falling due after more than one||||
||year||||
|||2024||2023|
||Bank loans and overdrafts|37,972||37,972|
|||37,972||37,972|





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|Movement in funds|||||||
|---|---|---|---|---|---|---|
|||||Incoming|||
|||||resources|Resources|At 31|
|||At 1<br>September||(including<br>other|expended|August<br>2024|
||||2023|gains/losses)|||
|Restrictedfunds:|||||||
|Restricted incomefunds:|||||||
|Donations through events||||3,456|(3,456)||
|Total||||3,456|(3,456)||
|Unrestricted funds:|||||||
|General funds|||(7,673)|2,857|(2,955)|(7,771)|
|Total funds|||(7,673)|6,313|(6,411)|(7,771)|
|Purposes and restrictions in|relation|to the funds:|||||
|Restricted funds:|||||||
|Donations through events|Providing grants to||poor individuals||||



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|Analysis of net assets between funds||||
|---|---|---|---|
|||Unrestricted||
|||funds|Total|
|Net current assets||30,201|30,201|
|Creditors due in more than one year and||(37,972)|(37,972)|
|provisions||||
|||(7,771)|(7,771)|
|Reconciliation of net debt||||
||At 1||At 31|
||September||August|
||2023|Cash flows|2024|
|Cash and cash equivalents|42,496|(52)|42,444|
||42,496|(52)|42,444|
|Bank loans|(49,616)|o|(49,616)|
||(49,616)|o|(49,616)|
|Net debt|(7,120)|(52)|(7,172)|



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||Unrestricted|Restricted|||
|---|---|---|---|---|
||funds|funds|Totalfunds|Total funds|
||2024|2024|2024|2023|
|Income and endowments from:|||||
|Donations and legacies|||||
|Donation Received|2,857||2,857|560|
||2,857||2,857|560|
|Charitable activities|||||
|Funds generated through events||3,456|3,456||
|||3,456|3,456||
|Totalincome and endowments|2,857|3,456|6,313|560|
|Expenditure on:|||||
|Charitable activities|||||
|Funds generated through events||3,456|3,456||
|||3,456|3,456||
|Total of expenditure on charitable|||||
|activities||3,456|3,456||
|Employee costs|||||
|Staffwelfare|174||174|100|
||174||174|100|
|Motor and travel costs|||||
|Vehicles<br>- General costs|565||565|211|
||565||565|211|
|Premises costs|||||
|Other premises costs|845||845||
||845||845||
|General administrative costs,|||||
|including depreciation and|||||
|amortisation|||||
|Equipment expensed|13||13||
|Postage and couriers|3||3||
|Telephone, fax and broadband|5||5||
||21||21||
|Legal and professional costs|||||
|Audit/lndependent examination|||||
||1,100||1,100|600|
|Other legal and professional|||||
||250||250||
|costs|||||
||1,350||1,350|600|
|Total of expenditure of other costs|2,955||2,955|911|
|Total expenditure|2,955|3,456|6,411|911|





|OLAYINKA ADERINKOLA AKINRINOLA FOUN<br>Detailed Statement of Financial Activities|DATION UK|||
|---|---|---|---|
|Net gains on investments||||
|Net expenditure|(98)|(98)|(351)|
|Net expenditure before other<br>gains/(losses)|(98)|(98)|(351)|
|Other Gains||||
|Net movement in funds|(98)|(98)|(351)|
|Reconciliation of funds:||||
|Total funds brought forward|(7,673)|(7,673)|(7,322)|
|Totalfunds carried forward|(7,771)|(7,771)|(7,673)|