**REGISTERED CHARITY NUMBER: 1197026** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 16 September 2024 

for 

Impact & Inspire Wuraolami Foundation 

Brayan and Spencer Associates Limited 56 Guildford Street 

Chertsey England KT16 9BE 



Impact & Inspire Wuraolami Foundation 

Report of the Trustees for the Year Ended 16 September 2024 

The trustees present their report with the financial statements of the charity for the year ended 16 September 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Charity number** 

1197026 

## **Principal address** 

90-96 High Road Street North East Ham Newham E6 2HT 

## **Trustees** 

I Jacobs T Balogun A T Omole 

Approved by order of the board of trustees on 3 July 2025 and signed on its behalf by: 

I Jacobs - Trustee 

Page 1 



Impact & Inspire Wuraolami Foundation 

|Statement of Financial Activities||||
|---|---|---|---|
|for the Year Ended 16 September 2024||||
|||Total||
|||funds||
||Notes|£||
|**NET INCOME**|||-|
|**TOTAL FUNDS CARRIED FORWARD**|||-|



The notes form part of these financial statements 

Page 2 



Impact & Inspire Wuraolami Foundation 

Balance Sheet 16 September 2024 

|||Total|
|---|---|---|
|||funds|
||Notes|£|
|**NET CURRENT ASSETS**||-|
|**TOTAL ASSETS LESS CURRENT**|||
|**LIABILITIES**||-|
|**NET ASSETS**||-|
|**FUNDS**|3||
|**TOTAL FUNDS**||-|
||||



The financial statements were approved by the Board of Trustees and authorised for issue on 3 July 2025 and were signed on its behalf by: 

I Jacobs - Trustee 

The notes form part of these financial statements 

Page 3 



Impact & Inspire Wuraolami Foundation 

Notes to the Financial Statements for the Year Ended 16 September 2024 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 16 September 2024. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 16 September 2024. 

## **3. MOVEMENT IN FUNDS** 

||||Net||
|---|---|---|---|---|
||||movement|At|
||||in funds|16.9.24|
||||£|£|
|**TOTAL FUNDS**|||-|-|
|Net movement in funds, included in the above are as follows:|Incoming<br>resources<br>£||Resources<br>expended<br>£|Movement<br>in funds<br>£|
|**TOTAL FUNDS**||-|-|-|



continued... 

Page 4 



Impact & Inspire Wuraolami Foundation 

Notes to the Financial Statements - continued for the Year Ended 16 September 2024 

## **4. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 16 September 2024. 

Page 5 



Impact & Inspire Wuraolami Foundation 

Contents of the Financial Statements for the Year Ended 16 September 2024 

|||Page||
|---|---|---|---|
|Report of the Trustees||1||
|Statement of Financial Activities||2||
|Balance Sheet||3||
|Notes to the Financial Statements|4|to|5|