Charity No. 1195525
EROS FOUNDATION TRUST
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2025

EROS FOUNDATION TRUST
TRu￿EEs REPORT
YEAR ENDED 31 MARCH 2025
The trustees present their annual report and accounts for the year ended 31 March 2025
REFERENCE AND ADMINISTRATIVE D￿AlLs
CHARITY NUMBER:
1195525
REGISTERED OFFICE:
67 Station Road
Rainham
ME8 7SB
CONSTITUTION AND oBJE￿s
The trust was established by a trust deed dated 6 March 2021. The trust aims to prevent or relieve poverty
for the public benefit of socially and economically disadvantaged widows and widowers and their families in
Nigeria by providing food, items, grants, and all necessary support designed to enable them to generate a
sustainable income and be self-sufficient.
MANAGEMENT
The charity is managed by the Board of Trustees.
Page I

EROS FOUNDATION TRusfTRUSTEES
REPORT (CONTINUED) YEAR ENDED 31
MARCH 2025
TRusfEES
Members of the Charity (Directors and Trustees):
Nena Nwokoro
Bisola Akindeko
Further trustees may be appointed by the Board of Tnjstees. Removal of trustees is the twstees,
responsibility unless due to a change in office of persons above.
Page 2

EROS FOUNDATION TRusf TRusfEES
REPORT ICONTINUED) YEAR ENDED 31
MARCH 2025
REVIEW OF AcfiviTIES F￿uRE PLANS
Activitie5 for the year
The main activity in the year has been the provision of food and basic necessities to vulnerable men and
women who were unable to cater for themselves and also widowers unable to do farm work due to old age
and being frail in Nigeria. Some have mental health issues which is visible to the eye. Thi5 was supported by
income generated in-country.
In January 2025, EROS Foundation Trust started a weekly drop-in service in Chatan for older people, women
with children experiencing violence and young people out of the Ca￿ system identified to be experiencing
isolation, exclusion and ill-health. Here. they come in, to find community, socially mix. make friend5 and share
tea and coffee.
Future Plans
Trustees met on four occasions to review our objects and decide to do the following in the coming year=
Revive the UK btsnch of the charity to support vulnerable old and infirm people, widows and
widowers, mothers With children experiencing domestic violence and young girls in and out of the care
System in Chatan and surrounding areas in Kent.
Offer activities and seNice5 including family and mental health support. social outings, health
education and monthly workshops on healthy livin8.
Continue with the food and home essentials distribution in Nigeria and UK.
Increase the number of trustees from 3 to 5 to effethvely and efficiently run the affairs of the charity
and make sure that the charity complies with regulations.
Build capacity of the organisation by recruiting. training and supporting 4 volunteers and the trustees
from the Chatan community to support the Eood work we are doing.
Volunteers will support service user5 as well as undertake outreach in the Kent and surrounding
communttres with information materials to let people know of the support we give and how we can
help them.
Income from donation5 was £5,050.(K)
No specific projerts were supported during the year except for distribution of food and basic necessities to
widows and widows in Nigeria. Total expenditure in the UK stands at £4,980.00 with
Net surplus for the year was £70.00
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The charfvs almsand objethesare ￿people andthe fommur*iyttseThe&The trustttsare aw¥e of tre
generalauidan(x¢)nPubkBeneftpubfthed tythe Q4rtyCommtsknw￿ha¥e(￿tslderedthtssUkIan0 kn
polryforthe yew.
mèy arise In exh area. In thek opInMJ￿ the thaty wl estabbh rESOu￿ aThl revkw gm2m8 whth.
under normal c£*ndltlons. shoukl the rlsks tt*y Nknifed to be to an a¢<eP￿ ￿Ve1 in
BY Orderof theTnJstees
Nena lyare
Chalr- Board of T
P¥è4

I report tothetntsteeson MYey￿1￿of U*Kcowits oftte aLwM charityforJ* yearended 31# March
2024.
law appltcaNe to charitie5 in Er*TrJ and Waes requlres the TfU51ees to prepare xcounts for
each finarKfal year. a tn* •MI fa* vpwof tr dwllrfsfrf￿KI* durIr8the￿raTh1 its finanoal
P05ftion at the erwj of the year. In preK•arw¥ acc(Kmts 8wlrv& a tTh* aThJ f* vlew, the trustee$ 4wld
follow bert practkes and:
rl select op1￿￿protr accouftt1￿ policiesand apply them c(m9Stenty.
folk)w the methods and prInCi￿ Inthe Charity SORP."
11 make judgements arKI estimatesthat ￿e reawnable cautSou5:
5rate whether applkable accothrtir% staTrJèrds have t*en folo*d wbiert to any departures
disclosed and explained in the aLtountr. and
ri prepare the accounts an a Eoire concernJ)asis it b knwwoprote to prewme that the charlty VAI
Independent examiners Ststement.
I hw4e completed my examinathn. I confirni that mattws hm come to my attentlon in eonnection
the examination ￿lch 8Nes me causeto bef￿ that in ary material rtspect
The accountlng Yecord5 wern Th)t acrordance *ith sectTh 130 of the charitles a¢ or
The accounts did not accord with the accouniln8 records or
The accounts did not comply wlth applicable requiTrments Concern￿￿1 the forn) and contert of
accounts set out in the Chafiiie5 (Pm)unts and ￿Ports) Regulatklns 2iJ)8 otherthan any requlrement
that the accounts give a ar￿ fairf VI￿ TAthith Is ￿t a Matter Consi￿ as part of an
indepernlent aamination.
I have no concern4 and have come across ￿ other matter5 In Connect￿ wlth the examination to whkh
attentton should be drawn in thb report in orderto enable a proper understsrdinB of the accounts to be
reathed.
Joseph Setordjie
Chartered Certified Accowitsnts
19 Lucknow Street
Plumstead. London
SE18 25N
Dated: IW12n025

EROS FOUNDATION TRUST
STATEME￿ OF FINANCIAL AcfiviTIES YEAR ENDED 31 MARCH 2025
Notes Unrestrirted Restricted 3110312025 3110312024
fund5
funds Total funds
Total funds
Intoming resources
Incoming resources from generated funds
Voluntary income
Others Income
5,050.00
5.050.00
Totol Incoming resources
5,050.00
5,050.00
Resources expended
Cost of Charitable activities
Fundraising trading costs
Governance costs
4,780.00
4.780.00
2￿).(X1
200.00
Total resources expended
4,980.00
4,980.00
Net incoming resources before transft
70.00
70.00
Gross transfers between funds
Net movement infunds
70.00
70.00
Total funds brought forward
Totalfvnds curriedfonvord
70.00
70.00
Approved and authorised for issue by the trustees on 08.12.2025.
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EROS FOUNDATION TRUST
BALANCE SHEET AS AT 31 MARCH 2025
Notes
Unre5trirted Restricted 3110312025 3110312024
funds
funds Total fund5 Total funds
Fixed assets
Tangible asset5
Current assets
Other debtors
Cash-Bank & Hand .
270.00
270.(J)
270.QNJ
270.CKJ
Creditors: amounts falling
due
within one year
2(X).IXJ
200.00
Net current a55ets
70.CKI
70.00
Creditors: amounts due
after one year
io
Total ossets less current liabilities
70.1])
70.00
Net cssets
70.CKJ
70.CM)
Funds
Unrestricredfunds
Restrirtedfunds
li
70.C
70.00
Totalfunds
70.00
70.00
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EROS FOUNDATION TRUSr
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025
ACCOUNTING POUCIES
1.11 Basis of Accounting
The financial statements have been prepared following Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts under the Financial Reporting Standard applicable in the UK and Republic
of Ireland, Charities SORP 120151 {Second Edition. effective l January 20191, the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
and the Companies Act 2006. The charity has taken advantage of the FRS 102 section
IA disclosure exemptions. including the exemption from preparing a Statement of
Cash Flow5.
The charity meets the definttion of a public benefit entity under FRS 102. Assets and
liabilities are initially reco8nised at historical cost or transaction value except for
investments as noted below. The charity is registered in England and Wales, charity
number 10153(XI.
Preparation of accounts on a going concern basis
The trustees have assessed the charity's ability to continue as a going concern and have
determined no significant uncertainties. After reviewing the chartty's financial position,
reserves levels. and future plans. the trustees are confident in the charity's ability to
continue as a going Co￿eM forthe foreseeable future.
1.2) Donations
Donations are included in full in the Statement of Financial Activities when
entitlement. probability of receipt, and the amount of income receivable can be
measured reliably.
1.3) Investment income
Investment income is acknowledged on a recewable basi5 once the amounts can
be measured reliablv.
1.4} Expenditure
Expenditure is accounted for under the acuuals concept. When approved, grant5
made by the Board are treated as expenditures. Grant-making costs comprise grants
payable plus related supported costs. Governance costs relate to the independent
examination of the accounts.
1.51 Allocation of expenses
Expenditure is assigned on a direct cost basis.
1.61 Funds
Restricted funds are funds subjett to the donoVs specific conditions, binding on the
trustees. Unrestricted funds have no restrictions on their use.
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EROS FOUNDATION TRUST
NOTES TOTHE AccouKfs YEAR ENDED 31 MARCH 20251CONT.)
Analysis of incoming resources
2} Voluntsry income
Donations received
Donation from Trustee
Totsl
Other Income
Bank Interest
Total Incoming Resources
2025
2024
1,650.IX)
3,400.00
5,050.IKI
5.050.00
31 Cost of Charitable Activities
Gift to people in need
Outreaches
Volunteers expenses
Total
3.020.00
800.lxi
960.
4,780.00
4) Governance costs
Accountancy fee
Depreciation
Bank charges
Total
2(KI.CM)
200.00
6) Tangible fixed assets
Offio Furniture
Others
Totsl
Equipment
Opening NBV
At 0110412024
Additions
Total
Fittings
0.00
0.00
0.00
0.00
o.oo
0.00
0.00
0.00
0.00
0.00
Less depreciation
Depreciation charge for year
Net book value
Balance at 31/03/2025
71 Other Debtors
81 Cash at 8ank

Balance In Banks
Cash at Hand
270.CKJ
270.
9} Creditors: amounts falling due wFthin one year
Accounting fees
200.CA)
200.00
10) Creditors: amounts due after one year
Long Term Loan
11) Restrirted funds
There is no restricted fund received and expended in the charity as the date of thi5 report.
Page 10