_REPORT OF THE TRUESTEE AND FINANCIAL STATEMENTS FOR THE PERIOD 01 OCTOBER 2022 TO 30TH SEPTERBER 2023 FOR POSITIVE WOMEN EMPOWERMENT_
_**TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTERBER 2023**_
Charity number: 1196833
Positive Women Empowerment: Trustees’ Report and Financial Statements 2023
POSITIVE WOMEN EMPOWERMENT
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
The trustees present their report with the financial statements of the charity for the period 01[ST] OCTOBER 2022 to 30[TH] SEPTEMBER 2023. The trustee has adopted the provisions of the Statement of Recommendation Practice (SORP) Accounting and Reporting by Charities issued in March 2005
## **Reference and Administrative Details**
## **Registered Charity Number: 1196833**
**Principal Address:**
POSITIVE WOMEN EMPOWERMENT
16 Vasser Road
M18 8BN
## **Trustees:**
Ms Abimbola Dele Onifade (Chair)
Remi Olawale
Olutola Animashaun
Wendy Animashaun
## **Independent Examiner:**
## **Julius Olaogun (FCCA)**
Rich Brother Accountants Ltd, 222A Camberwell Road, London SE5 0EN
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**TRUSTEES’ REPORT FOR THE YEAR ENDED 30[th] September 2023**
## **Positive Women Empowerment**
The Charity is a charitable incorporated organisation and was formed on November 29, 2021, as Positive Women Empowerment.
## **Government Document**
The charity is controlled by its governing document, a deed of trust and constitutes charitable organisation.
## **Aim and Achaemenes**
The aims and purpose of Positive Women Empowerment is to relief of the physical and mental sickness of persons in need by reason of youth, in particular by the provision of counselling and support, including signposting to other services, and by any other means as the trustees in their discretion shall determine; other includes
1. to promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those who are socially excluded and assisting them to integrate into society.
2.For the purpose of this clause ‘socially excluded’ means being excluded from
society, or parts of society, as a result of one of more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment;
relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards; crime (either as a victim of crime or as an offender rehabilitating into society
3.we also support and empower in community with signposting and referral to the appropriate team or authorities as required by the individual’s needs
4. we also empower people with the distribution of food parcels to reduce the
negative impact of the increase in the high cost of living.we have been supporting
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**THE TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
and engaging people in community with their physical, emotional and mental well being via group and workout session exercise
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## **THE TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
The trustees present their annual report together with the unaudited financial statements of the charity for the year ended 30[th] September 2023. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
## **REVIEW OF FINANCIAL POSITION**
The financial statements covered the operation of Positive Women Empowerment they have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practice (SORP)
For the year ended 30[th] September 2023, the financial activities show total incoming donations of £87 which is the total donations received. This was engaged mainly on charitable activities to and total expenditure amounted to £2941. We closed the year with a net deficit of £2,854
## **STATEMENT OF TRUSTEE’S RESPONSIBILITIES**
The trustees are responsible for preparing the Trustee’s report and the financial statements in accordance with applicable law.
Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently.
- Observe the methods and principle in the Charity SORP;
- Make judgments and estimates that are reasonable and prudent
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4 Positive Women Empowerment: Trustees’ Report and Financial Statements 2023
**THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
- Prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on 02[th ] July 2024 and signed on their behalf.
Summary of the issues raised and adopted:
…………………………………. ……….……………………………….
Olutola Animashaun Ms Abimbola Dele Onifade
Positive Women Empowerment: Trustees’ Report and Financial Statements 2023
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## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED FINANCIAL STATEMENT**
We report on the financial statements for the year ended 30[th] September 2023 which are set out in the financial report below. This report is made solely to the Charity’s Trustees, as a body.
## **Respective responsibilities of trustees and examiner**
As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.
The charity’s trustee consider that an audit is not required for these financial statements (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.
## **Basis of Independent examiner’s report**
Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit hence the report is limited to those matters set out in the statement below.
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## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED**
**FINANCIAL STATEMENT (continue)**
## **Independent examiner’s statement**
During our examination, no matter has come to our attention: which indicates that:
- Adequate accounting records have not been kept.
- The financial statements are not in agreement with the accounting records.
- We have not received all the information and explanations require for our audit.
## **Julius Olaogun (FCCA)**
## **For and on behalf of**
**RICHBROTHER ACCOUNTANTS LTD CHARTERED ACCOUNTANTS AND TAX CONSULTANTS 222A Camberwell Road LONDON, SE5**
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**FINANCIAL STATEMENT (continue)**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED**
## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
|**RECEIPTS**
**Donation**
**Collections other**
**than giving**
**Income Tax**
**Gift Aid**||**Unrestricted**
funds
**£**
**87**
-|**Designated**
funds
**£**
-
-
-|**Restricted**
**Endowment**
**Total**
funds
funds
**2023**
**£**
**£**
**£**
**£**
-
-
**87**
-
-
**-**
-
-
**-**|
|---|---|---|---|---|
|||**87**||**87**|
**PAYMENTS Charity activities**
**share other payment (Note 2b) 2,941 2,941 2,941 2,941 Excess of Receipts** 2,854 2,854 **over payments Net Capital Movement ( 2,854) (2,854)**
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**STATEMENT OF ASSETS AND LIABILITIES AS AT 30[th] SEPTEMBER 2023**
## **STATEMENT OF ASSETS AND LIABILITIES**
|**Cash Funds**
**Cash**
**Creditors**
Within
1yr
**Assets retained for charity**
**use**
**Shelf**
**Net Funds**||**Unrestricted**
**funds**
**£**|**Restricted**
**funds**
**£**|**Endowment**
Total
**funds**
**2023**
**£**
**£**|
|---|---|---|---|---|
|||**3,711**|**-**|**3,711**|
|||-
-|-
-|**-**
**-**
**-**
**-**|
||||**-**|**-**|
||||||
|||**-**|**-**|**-**
**-**
**-**|
||||**-**|**-**
**-**
**-**|
|||**-**|**-**|**-**
**-**
**-**|
||||||
|||**3,711**|**-**|**-**
**3,711**|
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**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] SEPTEMBER 2023**
2. Receipts and payments analysis of the charity activities
|**Receipts**
**Donation received**
**Payments**
Staff cost
Professional fees
Governance cost
Support cost
bank Charge
Training
Net loss|**Receipts**
**Donation received**
**Payments**
Staff cost
Professional fees
Governance cost
Support cost
bank Charge
Training
Net loss||**Unrestricted**
**funds**
£|**Designated**
**Restricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
**£**|
|---|---|---|---|---|
||||**87**|**87**|
||||**290**
**1022**
**658**
**821**
**5**
**145**|**290**
**1022**
**658**
**-**
**821**
**5**
**145**|
||||**2941**|**2941**|
||||-2,854|-2,854|
## **Particular of employees:**
The average number of employees during the year calculated on the basis of full time is 0 for the year. No employee received emolument of more than £60,000 during the period.
This report was approved by the Trustees on 02th July 2024 and signed on their behalf by:
…………………………………. ………………………....................
Olutola Animashaun Ms Abimbola Dele Onifade
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Positive Women Empowerment.. Trustees, Report and Financial Statements 2023