IREMIDE CHARITY FOUNDATION
CHARITY REGISTRATION NO: 1197153
ANNUAL RETURN FOR YEAR END 1[st] October 2022.
IREMIDE CHARITY FOUNDATION
| CONTENTS PAGE | |
|---|---|
| Legal and administrative information | 3 |
| Report of the trustees | 4-6 |
| Independent Examiner’s report | 7 -8 |
| Income and expense statement | 9 |
IREMIDE CHARITY FOUNDATION
Legal and administrative information
Trustees
Mrs Omotola Ibiyode - Chairperson Mr Ibrahim Olabambo Ajibike Mr Michael Adewuyi
Address
43 Edward Street, Manchester M9 4JD
Independent Examiners
Solomon Allistar (MAAT) 54 Carriocca Business Park, Hellidon Close, Ardwick Manchester M12 4AH
Bankers
Cashplus Bank
Charity Registration Number
1197153
IREMIDE CHARITY FOUNDATION
Report of the Trustees for the Year Ended 1[st ] October 2022
The trustees are pleased to present their report together with the financial statements of the
charity for the year ended 1[ST] of October 2022
Structure, Governance and Management
Objectives and Activities
The objects of the Iremide Charity Foundation is the prevention or relief of poverty in Greater Manchester and Nigeria, By providing Grants, items and services to individuals in need, charities or other organisations working to prevent or relieve poverty.
Support work in Manchester
We support the less privileged in Manchester by providing them this clothing, household items, and food supplies.
Support work in Nigeria
We support the work of the youth in Lagos, Ogun and Ekiti state, who have limited assess to clothing, standard technological items like laptop, computers and printers, phones, books, clean water by providing them with these items for person use.
Financial Sources
The church income comes mainly from Public voluntary donations.
Statement of Trustees’ responsibilities
The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have:
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Selected suitable accounting policies and applied them consistently.
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Made judgments and estimates that are reasonable and prudent,
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Stated whether applicable accounting standards have been followed, subject to any
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material departures disclosed and explained in the financial statements; and
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Prepared the financial statements on a going concern basis (unless it is inappropriate
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to presume that the Charity will continue in operation).
The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities.
The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Statement of disclosure of information to independent examiner
IREMIDE CHARITY FOUNDATION
Report of the Trustees for the Year Ended 1[st] October 2022
We, as the Trustees of the Charity who held office at the date of approval of these financial statements as set out on page 2 each confirm, so far as we are aware, that:
- There is no relevant information of which the Charity's independent examiner are unaware; and we have taken all the steps that we ought to have taken as Trustees in order to make ourselves aware of any relevant information and to establish that the charity's independent examiner is aware of that information.
Independent Examiner :
The Charity's independent examiner, Solomon Allistar (MAAT) of SAA BUSINESS SUPPORT LTD has indicated their willingness to continue in office and offer themselves for appointment.
This report was approved by the Trustees and signed on their behalf by:
Mrs Omotola Ibiyode Date: 09/09/2023
IREMIDE CHARITY FOUNDATION
Independent Examiner’s Report for the Year Ended 1[st] October 2022
I report on the financial statements of the charity for the year ended 1[ST] October 2022 which comprise the Statement of Financial Activities and Balance Sheet with associate notes.
This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work.
Respective Responsibilities of Trustees and Examiner
The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts (under Section 145 of the Charities Act).
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To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the Charities Act); and
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To state whether matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Act; and
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to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Dated: 09/09/2023
SOLOMON ALLISTAR (MAAT)
IREMIDE CHARITY FOUNDATION
Income and Expense Statement
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INCOME £
Voluntary Donations 12,100.00
TOTAL INCOME 12,100.00
EXPENSES
Computers 3402.00
Clothings 1593.00
Travel 519.00
Grants 3600.00
Miscellaneous 329.00
Admin Cost 1058.00
Professional Fees 300.00
Subsistence 260.00
Total Expenses 11,061.00
Surplus 1,039.00
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