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2024-08-31-accounts

Charity Number: 1195796

Trustees’ Annual Report

For the Period 1st September 2023 to 31stAugust 2024 Safe Haven – a Ray of hope.

Newcastle Upon Tyne.

NE4 9HN

● Trustees: Blessing Olalemi, Kerry- Ann Battenand John Olalemi

● Structure: Charitable Incorporated Organisation (CIO)

The Charity continues to deliver activities relating to its core domain of supporting children. During the reporting period in question, Safe Haven- a Ray of Hope continued to work, improving the lives of underprivileged children, children with disabilities. Our key activities include:

● Free music programmes for 6-18-year-olds, including violin, guitar, piano, flute, singing/voice training, songwriting, recording, and mastering

● Free development training programmes to set the pace for 12-18-year-olds called “Be the Best Version of You”. We aim to prevent and combat mental health, creating psychological stability in the lives of children in this age group

The Trustees explain that project costs in the financial statements relate to expenses incurred in line with the charities core activities.

Declaration

The Trustees approve this report and confirm compliance with the Charity Commission’s requirements.

Signed on behalf of the Trustees: Signed on behalf of the Trustees: Signed on behalf of the Trustees:

Blessing Olalemi Kerry- Ann Batten John Olalemi

Safe Haven, A Ray of Hope Charity number: 1195796

Financial Statements for the Year Ended 31/08/2024

  1. Income & Expenditure Account for the Period 1[st] September 2023 to 31[st] August 2024
Income Amount
(£)
Donations 30,605
Expenditure Amount
(£)
Project Expenses 22,558
Advertising 9
Cleaning 70
General Admin
Expenses
321
Printing &
Stationery
1,418
Repairs & -
Maintenance
Travel 575
Accounting Fees 300
Total Expenditure 25,251
Net Income/(Defcit) 5,354

2. Balance Sheet as at 31/08/2024

Assets Amount
(£)
Current Assets
Bank Balance 6,329
Total Assets 6,329
Liabilities Amount
(£)

Amount Assets (£) Net Assets 6,329 (Deficit)

Note: Reporting Compliance: In preparing these financial statements the charity has complied with the Charity Commission’s SORP (Statement of Recommended Practice)

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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.

Signed:

Name: JULIET ANDERSON

Relevant professional qualification or membership of professional bodies (if any): BSc in Finance Address: 5 Trowbridge way, kenton Newcastle NE3 3TE Date: 30[th] June 2025