REGISTERED CHARITY NUMBER: 1197026
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 16 September 2025
for
Impact & Inspire Wuraolami Foundation
Brayan and Spencer Associates Limited 56 Guildford Street
Chertsey England KT16 9BE
Impact & Inspire Wuraolami Foundation
Contents of the Financial Statements for the Year Ended 16 September 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 5 |
| Detailed Statement of Financial Activities | 6 |
Impact & Inspire Wuraolami Foundation
Report of the Trustees
for the Year Ended 16 September 2025
The trustees present their report with the financial statements of the charity for the year ended 16 September 2025. 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 (resigned 30.6.25) A T Omole
Approved by order of the board of trustees on 14 July 2026 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 2025 | |||||
| 16.9.25 | 16.9.24 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2,470 | - | |||
| NET INCOME | 2,470 | - | |||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | - | - | |||
| TOTAL FUNDS CARRIED FORWARD | 2,470 | - |
The notes form part of these financial statements
Page 2
Impact & Inspire Wuraolami Foundation
Balance Sheet
| Balance Sheet | ||||
|---|---|---|---|---|
| 16 September 2025 | ||||
| 16.9.25 | 16.9.24 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | £ | £ | ||
| CURRENT ASSETS | ||||
| Cash at bank | 2,470 | - | ||
| NET CURRENT ASSETS | 2,470 | - | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 2,470 | - | ||
| NET ASSETS | 2,470 | - | ||
| FUNDS | 4 | |||
| Unrestricted funds | 2,470 | - | ||
| TOTAL FUNDS | 2,470 | - |
The financial statements were approved by the Board of Trustees and authorised for issue on 14 July 2026 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 2025
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.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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 2025 nor for the year ended 16 September 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 16 September 2025 nor for the year ended 16 September 2024.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| Total | ||
| funds | ||
| £ | ||
| NET INCOME | - | |
| TOTAL FUNDS CARRIED FORWARD | - |
continued...
Page 4
Impact & Inspire Wuraolami Foundation
Notes to the Financial Statements - continued for the Year Ended 16 September 2025
4. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| At | movement | At | |
| 17.9.24 | in funds | 16.9.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | 2,470 | 2,470 |
| TOTAL FUNDS | - | 2,470 | 2,470 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,470 | - | 2,470 |
| TOTAL FUNDS | 2,470 | - | 2,470 |
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 16 September 2025.
Page 5
Impact & Inspire Wuraolami Foundation
| Detailed Statement of Financial Activities | ||||
|---|---|---|---|---|
| for the Year Ended 16 September 2025 | ||||
| 16.9.25 | 16.9.24 | |||
| £ | £ | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Donations | 2,470 | - | ||
| Total incoming resources | 2,470 | - | ||
| EXPENDITURE | ||||
| Total resources expended | - | - | ||
| Net income | 2,470 | - |
This page does not form part of the statutory financial statements
Page 6