## **Trustees’ Annual Report for the period**
**From 05/11/2023 Period start date To 31/03/2023 Period end date**
## **Charity name: Taiwo Ajisefinni Foundation**
## **Charity registration number: 1196418**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the charity is for the public
benefit to promote the education of children
in the rural communities of Nigeria primarily
through providing funding support to
partners and other organisations in order to
assist in the provision of facilities/items and
services and enhance educational
provision for children.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
|**Additional information (optional)**
You may choose to include further statements where relevant about:|||
||SORP reference||
|Policy on grant making|Para 1.38||
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38||
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|We were able to renovate 3 blocks of five
classrooms and offices.
We provided school bags, stationery items,
(pens, pencils, erasers, rulers, exercise
books, crayons and pencil sharpeners) to
the children from Primary 1 to Primary 6.
We also provided the school with board
markers, 6 whiteboards and 2
noticeboards.
With the provision of these items, the
children are able to develop their fine motor
skills by practicing handwriting and express
their creativity and imagination by
colouring, drawing and writing.
The educating of these children contributes
to social stability and drives long term
economic growth. The children are better
equipped to become successful additions
to the society.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24|None|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Elected|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|TAIWO AJISEFINNI FOUNDATION|
|---|---|
|Other name the charity uses||
|Registered charity number|1196418|
|Charity’s principal address|5 KESTREL PLACE
MILTON COURT ROAD
LONDON
SE14 6HH|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Morounkeji
Anthonia Moses|Chair|||
||Olumide Ohunayo||||
||Taiwo Ajisefinni||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
Declaratlon8
Th• lTh•lM•th¢l•rn th•tth•y hw• •pprn¥•d th• InMt••S' nport *1¥•.
Full n¥n•lsl
PMIUon (eg S•cw•tary.
Ch•lr, •t¢l
Oat•
loilas)£
**Charity Name No (if any) Taiwo Ajisefinni Foundation 1196418 Receipts and payments accounts CC16a For the period Period start date Period end date To from 05/11/2023 31/03/2023**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**1,032**
**-**
**-**
**-**
**-**
**-**
**-**
**1,032**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest**
**£**
**1,032**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,032**|**Last year**
**to the nearest**
**£**|
|---|---|---|---|---|---|
|GoFundMe|**1,032**|**-**|**-**|**1,032**|**282**|
|Donations||**-**|**-**|**-**|**70**|
||**-**|**-**|**-**|**-**||
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**1,032**|**-**|**-**|**1,032**|**352**|
**A2 Asset and investment sales, (see table).**
**----- Start of picture text -----**
- - - -
- - - - -
Sub total - - - - -
1,03 3
Total receipts 2 - - 1,032 52
**----- End of picture text -----**
## **A3 Payments**
|**A3 Payments**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Renovation of classrroms||**800**||**-**||**-**||**800**||**-**|
|Stationery items||**-**||**-**||**-**||**-**||**250**|
|School bags||**-**||**-**||**-**||**-**||**200**|
|Advertising||**-**||**-**||**-**||**-**||**64**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**||**800**||**-**||**-**||**800**||**514**|
|**A4 Asset and investment**
**purchases, (see table)**||||
|---|---|---|---|
||**-**||**-**|
**-**
||**-**||**-**||**-**||**-**||||
|---|---|---|---|---|---|---|---|---|---|---|
|**_Sub total_**|||||||||||
||**-**||**-**||**-**||**-**||**-**||
|**_Total payments_**|**80**
**0**||**-**||**-**||**800**||**5**
**14**||
|**_Net of receipts/(payments)_**|**23**||||||**23**||**-**||
||**2**||**-**||**-**||**2**||**162**||
|**A5 Transfers between funds**|||||||||||
||**-**||**-**||**-**||**-**||**-**||
|**A6 Cash funds last year end**|**-**||**-**||**-**||**-**||**-**||
|**_Cash funds this year end_**|**23**||||||||**-**||
||**2**||**-**||**-**||**232**||**162**||
## **Section B Statement of assets and liabilities at the end of the period**
**Categories**
**B1 Cash funds**
|**Details**
Cash at the bank
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**to nearest £**
**70**
**-**
**-**
**70**
**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**to nearest £**|**Endowmen**
**t funds**
**to nearest £**|
|---|---|---|---|
|||||
||||**-**|
||||**-**|
||||**-**|
|||||
||||**Endowmen**
**t funds**
**to nearest £**|
|||||
**B2 Other monetary assets**
|**-**||**-**||**-**|
|---|---|---|---|---|
|**-**||**-**||**-**|
|**-**||**-**||**-**|
|**-**||**-**||**-**|
|**-**||**-**||**-**|
|**-**||**-**||**-**|
## **B3 Investment assets**
**B4 Assets retained for the charity’s own use**
## **Details**
## **Details**
**Fund to which Current value Cost (optional) asset belongs (optional) - - - - - - - - - - Fund to which Current value Cost (optional) asset belongs (optional) - - - - - - - - - - - - - -**
## **B5 Liabilities**
**----- Start of picture text -----**
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
-
-
-
-
-
**----- End of picture text -----**
Signed by one or two trustees on behalf of all the trustees