## **Trustees’ Annual Report for the period** **From 01/04/2024 Period start date To 31/03/2025 Period end date 31/032025** ## **Charity name: BESTBUDDY SCHOLARSHIP & HOPE FOUNDATION Charity registration number: 1197722** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|**The charity is established for the public**
**benefit with the following purposes:**

**Advancement of Education:**To
provide scholarships, educational
materials, and support for indigent
children, enabling access to quality
schooling.

**Relief of Poverty:**To assist
vulnerable families, orphans or
abandoned children by meeting
basic needs such as food, clothing,
and shelter.

**Advancement of Health:**To
support healthcare needs by funding
hospital bills, medical visits, and
promoting well-being among
disadvantaged communities.

**Community Development:**To work
with grassroots organisations and
international partners in promoting
sustainable development and
upholding the Nolan Principles of
Public Life.| |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|During the year ended 31 March 2025,
**BESTBUDDY SCHOLARSHIP & HOPE**
**FOUNDATION**carried out a range of
activities designed to advance education,
relieve poverty, and promote health for the
public benefit. These included:

**Educational Support**
`o`
Awarded scholarships to
indigent children to cover
school fees, uniforms, and
learning materials.
`o`
Provided mentoring and
encouragement to ensure
continuity in education**.**

**Healthcare Assistance**
`o`
Supported vulnerable
families by contributing| |||towards hospital bills and
medical visits.
`o`
Promoted awareness of
basic health practices within
communities.

**Social Care and Relief of Poverty**
`o`
Assisted orphans and
abandoned children with
food, clothing, and shelter.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm that they have had
due regard to the Charity Commission's
guidance on public benefit when carrying
out the charity’s purposes and planning its
activities. In particular, the trustees have
ensured that all projects, including
scholarships, healthcare support, and
welfare assistance, are directed towards
delivering clear public benefit in line with the
charity’s objectives.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||
SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The trustees of**BESTBUDDY**
**SCHOLARSHIP & HOPE FOUNDATION**
consider applications for support in line with
the charity’s purposes of advancing
education, relieving poverty, and promoting
health. Grants are awarded on the following
basis:
**Eligibility**
`o`
Priority is given to indigent
children, vulnerable families,
pensioners, and orphaned or
abandoned children.
`o`
Beneficiaries must
demonstrate genuine need
and alignment with the
charity’s objectives**.**
**Assessment Process**

Applications are reviewed by
trustees against agreed criteria,
including financial need, potential
impact, and sustainability.

Trustees ensure that grants are
distributed fairly and transparently.
**Decision Making**

All grant decisions are made
collectively by the trustees.

Grants are approved only where
they clearly advance the charity’s
purposes and deliver public benefit.
**Monitoring and Accountability**

Beneficiaries are asked to provide
feedback or evidence of how grants
were used.

Trustees monitor outcomes to
ensure funds are used effectively
and responsibly.| |Policy on social investment
including program related
investment|Para 1.38|The trustees confirm that the charity does
not hold investments and does not engage
in social or program-related investment
activities. All funds received are applied
directly to the charity’s purposes, primarily
scholarships, healthcare support, and
welfare assistance, to maximise immediate
public benefit.| |---|---|---| |Contribution made by
volunteers|Para 1.38|The charity is supported by a small but
dedicated team of three volunteers who
play a vital role in delivering its objectives.
Their contributions during the year included:

Educational Support: Assisting with
scholarship administration, liaising
with schools, and distributing
learning materials.

Community Outreach: Helping
identify indigent children and
vulnerable families in need of
assistance.

Fundraising and Advocacy:
Supporting awareness campaigns
and engaging with local
communities to promote the
charity’s mission

The charity is supported by a small
but dedicated team of three
volunteers who play a vital role in
delivering its objectives. Their
contributions during the year
included:

Educational Support: Assisting with
scholarship administration, liaising
with schools, and distributing
learning materials.

Community Outreach: Helping
identify indigent children and
vulnerable families in need of
assistance.

Fundraising and Advocacy:
Supporting awareness campaigns
and engaging with local
communities to promote the
charity’s mission

Operational Support: Providing
administrative help to trustees,
ensuring smooth delivery of projects
and services.
The trustees acknowledge with gratitude
the commitment and time freely given by
volunteers, without which the charity could
not achieve its aims. Their efforts
significantly enhance the impact of limited
financial resources, ensuring maximum
benefit to beneficiaries.| |Other||The trustees confirm that safeguarding
policies are in place to protect children and
vulnerable adults. Key risks, such as limited| funding and reliance on volunteers, are regularly reviewed and managed. The charity continues to build partnerships with grassroots organisations and international supporters to strengthen its impact. The trustees also acknowledge with gratitude the contributions of donors, volunteers, and partner institutions whose support has been vital to achieving the charity’s objectives. ## **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|During the year ended 31 March 2025, the
charity made significant progress in
advancing its purposes and delivering
public benefit. Key achievements included:

Educational Impact
`o`
Awarded scholarships and
provided school materials to
indigent children, enabling
them to remain in education
and improve their future
prospects.
`o`
Reduced school drop-out
rates among vulnerable
families by covering
essential costs such as
uniforms and fees.

Healthcare Support
`o`
Assisted families with
hospital bills and medical
visits, ensuring access to
vital healthcare services that
would otherwise have been
unaffordable.
`o`
Improved health outcomes
for children and reduced the
burden of untreated illness in
disadvantaged communities.

Social Care and Poverty Relief
`o`
Provided food, clothing, and
shelter to orphaned and
abandoned children, offering
them stability and hope.

Community Development
`o`
Strengthened partnerships
with grassroots
organisations and enhanced
the charity’s reach and
effectiveness**.**
`o`
Promoted values of integrity
and accountability by
operating in line with the
Nolan Principles of Public
Life**.**| |||**Difference Made to Beneficiaries**

Children supported through
scholarships gained access to
education that would otherwise have
been denied, opening pathways to
better opportunities.

Families receiving healthcare
assistance experienced reduced
financial stress and improved well-
being.

Vulnerable individuals benefited
from immediate relief from poverty,
leading to greater stability and
resilience.
**Wider Benefits to Society**

By investing in education, the
charity contributes to breaking
cycles of poverty and fostering long-
term community development.

Healthcare support reduces the
strain on local health systems and
improves public health outcomes.

Social care initiatives strengthen
community cohesion and
demonstrate compassion, inspiring
wider societal commitment to
supporting vulnerable groups.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|
**During the year, the charity set**
**objectives to:**

Provide scholarships to at least 20
indigent children.

Support vulnerable families with
healthcare assistance.

Strengthen partnerships with
grassroots organisations.
Against these objectives, the charity
successfully awarded scholarships,
covered hospital bills for several families,
and expanded its outreach through
collaboration with local schools and
healthcare providers. These achievements
demonstrate progress in line with the
charity’s stated purposes| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|**.**The charity aimed to raise sufficient funds
to cover its scholarship and healthcare
commitments.

Total income raised: £1882

Total expenditure: £1793
Although fundraising activities were modest
in scale, they met the immediate objectives
of sustaining scholarship awards and
healthcare support. The trustees continue
to explore opportunities to expand
fundraising capacity to increase impact in
future years.| |||The trustees confirm that the charity does| |Investment performance
against objectives|Para 1.41|not hold investments and therefore has no
investment performance to report. All funds
received during the year were applied
directly to charitable purposes — primarily
scholarships, healthcare support, and
welfare assistance — to maximise
immediate public benefit.| |---|---|---| |Other||The trustees confirm that safeguarding
policies are in place to protect children and
vulnerable adults. Key risks, such as limited
funding and reliance on volunteers, are
regularly reviewed and managed. The
charity continues to build partnerships with
grassroots organisations and international
supporters to strengthen its impact. The
trustees also acknowledge with gratitude
the contributions of donors, volunteers, and
partner institutions whose support has been
vital to achieving the charity’s objectives.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the reporting period (31
March 2025),**BESTBUDDY**
**SCHOLARSHIP & HOPE FOUNDATION**
recorded total income of**£1,882**and total
expenditure of**£1,793,**resulting in a
modest surplus of**£89**. The charity’s
financial position remains stable, with funds
applied directly to charitable activities
including scholarships, healthcare support,
and welfare assistance.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees’ policy is to maintain reserves
at a level sufficient to ensure the charity
can continue its core activities in the event
of unforeseen reductions in income or
unexpected increases in expenditure.
Reserves are held to provide financial
stability and to safeguard the charity’s
ability to meet its commitments to
beneficiaries**.**| |Amount of reserves held|Para 1.22|As at 31 March 2025, the charity held £89
in reserves.| |Reasons for holding zero
reserves|Para 1.22|The trustees acknowledge that reserves
are currently minimal. This is due to the
charity’s policy of applying the majority of
funds directly to charitable purposes to
maximise immediate public benefit. The
trustees are actively exploring opportunities
to strengthen fundraising capacity and build
reserves in future years.| |Details of fund materially in
deficit|Para 1.24|The charity had no funds materially in
deficit during the reporting period.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees have reviewed the charity’s
financial position and future plans. While
income levels remain modest, there are no
material uncertainties that cast doubt on
the charity’s ability to continue as a going
concern. The trustees are confident that| with continued volunteer support and fundraising efforts, the charity will be able to sustain its activities in the coming year. ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**| |---|---|---| |You may choose to include further statements where relevant about:||| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity’s principal sources of funds
during the year were:

Donations from individual
supporters and well-wishers.

Fundraising activities carried out by
trustees and volunteers, including
community appeals.
All funds raised were applied directly to the
charity’s purposes — scholarships,
healthcare support, and welfare assistance
—ensuring maximum public benefit.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The trustees confirm that the charity does
not hold investments and has not adopted a
social investment policy. The charity’s
policy is to apply all available funds directly
to charitable activities rather than investing
them. Should circumstances change in
future, the trustees will review the need for
an investment policy to ensure compliance
with Charity Commission guidance.| |A description of the principal
risks facing the charity|Para 1.46|The trustees have identified the following
principal risks:

Funding Risk: Reliance on modest
donations and fundraising activities
may limit the charity’s ability to
expand its work.

Operational Risk: Dependence on a
small number of volunteers could
affect continuity if volunteer capacity
decreases.

External Risk: Economic pressures
and rising costs may reduce donor
contributions and increase demand
for support.

Safeguarding Risk: As the charity
works with children and vulnerable
families, safeguarding remains a
priority.
Mitigation measures include regular
monitoring of finances, active fundraising
efforts, recruitment of volunteers, and
maintaining safeguarding policies.| |Other||The trustees confirm that safeguarding
policies are in place to protect children and
vulnerable adults. Compliance with
statutory obligations, including timely
submission of accounts and reports, has
been maintained. The trustees
acknowledge with gratitude the
contributions of donors, volunteers, and
partner organisations whose support has
been vital to achieving the charity’s
objectives| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|The charity is governed by its constitution,
which sets out its charitable purposes,
governance arrangements, and trustee
responsibilities.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is constituted as a Charitable
Incorporated Organisation (CIO) registered
with the Charity Commission for England
and Wales. This structure provides the
charity with legal personality and limited
liability for its trustees.| |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|
Trustees are appointed in accordance
with the provisions of the governing
document.

New trustees may be nominated and
elected by the existing board, subject to
approval under the constitution.

The governing document allows for
trustees to be appointed based on their
skills, experience, and commitment to
the charity’s objectives.

Trustees serve for renewable terms,
with periodic review to ensure effective
governance.

No external body or individual has
automatic rights to appoint trustees;
appointments are made internally by
the board in line with constitutional
provisions.| |**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 has adopted procedures to
ensure new trustees are properly inducted
into their role. This includes:

Providing a copy of the governing
document and key Charity
Commission guidance.

Orientation on the charity’s
objectives, activities, and
safeguarding responsibilities.

Ongoing access to training
resources and updates on
governance best practice. Trustees
are encouraged to attend external
training sessions where relevant to
strengthen governance capacity.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity is governed by its board of
trustees, who are collectively responsible
for strategic direction and oversight.
Day-to-day operations are supported by
volunteers. The charity works in
collaboration with grassroots organisations,| |||schools, and healthcare providers to deliver
its objectives. It also engages with
international supporters to strengthen its
reach and impac**t.**| |---|---|---| |Relationship with any
related parties|Para 1.51|The charity has no formal related party
transactions. Trustees and volunteers may
occasionally contribute personal donations
or fundraising support, but these are
declared and managed transparently in line
with Charity Commission requirements.| |Other||The trustees confirm that safeguarding
policies are in place to protect children and
vulnerable adults. Risks such as limited
funding and reliance on volunteers are
regularly reviewed and managed. The
trustees acknowledge with gratitude the
contributions of donors, volunteers, and
partner organisations whose support has
been vital to achieving the charity’s
objectives.| ## **Reference and Administrative details** |Charity name|BESTBUDDY SCHOLARSHIP & HOPE FOUNDATION| |---|---| |Other name the charity uses|BESH FOUNDATION| |Registered charity number|1197722| |Charity’s principal address|1 Top Street, Middleton, Manchester
M24 4BR| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Abimbola Fasanu||01/04/2024-31/03/2025|Abimbola Fasanu| ||Oyindamola
Sosanya||01/04/2024-31/03/2025|Oyindamola Sosanya| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name The charity does not have corporate trustees.** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**The charity does not hold**
**property in the name of**
**individual trustees.**||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|The charity does not hold any assets in a custodian
capacity on behalf of other charities.| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Not applicable. The charity does not act as a custodian
charity and therefore does not hold assets for any other
organisation| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|Not applicable. As no assets are held in a custodian
capacity, there are no arrangements required for
segregation or safe custody beyond the charity’s own
financial controls.| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**| |---|---|---| |||The charity did not engage external advisers during the
reporting period.| |||| **Name of chief executive or names of senior staff members (Optional information)** The charity does not employ a chief executive or senior staff. All activities are overseen directly by the trustees with volunteer support. ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Not applicable, as the charity has no paid staff or key personnel requiring disclosure. ## **Other optional information** **T** he trustees confirm that safeguarding policies are in place, risks are regularly reviewed, and compliance with statutory obligations has been maintained. The trustees acknowledge with gratitude the contributions of donors, volunteers, and partner organisations. ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** A O Fasanu **Full name(s)** Abimbola Fasanu **Position (eg Secretary,** Chair **Chair, etc)** **Date** 24/01/2026