GODERICH ASSOCIATION UK BRANCH
Report and Financial Statements
For the year ended 31st December 2024 Charity number: 1197783
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GODERICH ASSOCIATION UK BRANCH
Legal and administrative information
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Reference and administrative details
Trustees
Noel Abeoguday Quinty - Williams
James Anderson Dolly Thomas Matilda Elliot
Charity office
Room 2B01 South Bank Technopark 90 London Road London SE1 6LN
Charity number
1197783
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GODERICH ASSOCIATION UK BRANCH
Report of the trustees for the year ended 31 December 2024
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The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2024.
Structure, Governance and Management
At Goderich Association the membership of the leaders consists of the President, Secretary, Organising Secretary, Financial Secretary and Whip. The Leaders are responsible for making decisions on all matters of general concern and importance to the organisation. Meetings are held monthly for all members and since the pandemic it has remained on zoom.
Objectives and Activities
The object of the charity is the prevention or relief of poverty in Goderich village Sierra Leone including providing grants, items and services to individuals in need or charities or organisations working to prevent or relieve poverty.
During the year the charity was able to provide food at Christmas to older men and women at Goderich village. Funds raised during the period was from members monthly contribution and donations from the public.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Financial Review
Total receipts on unrestricted fund were £6,610 and total payment of £7,224 was made during the year. The net result for the year was a shortfall of £614 on unrestricted funds, total cash funds at the yearend was £8,552
Reserve Policy
It is the organisations policy to maintain a balance on unrestricted funds (if possible) totalling £3,000 to cover emergency situations that may arise from time to time.
Volunteer
We would like to thank all members and volunteers who worked so hard during the year to help the organisation achieve its aims and objectives.
Approved by the trustees on 25[th] October 2025 and signed on its behalf by:
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Noel Abeoguday Quinty - Williams
Noel Abeoguday Quinty - Williams
Trustee
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GODERICH ASSOCIATION UK BRANCH
Financial Statements for the year ended 31 December 2024
| Goderich Association UK Branch | Goderich Association UK Branch | Goderich Association UK Branch | Goderich Association UK Branch | Goderich Association UK Branch | |||||
|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||||||
| For the period from |
To | ||||||||
| 01/01/2024 | 31/12/2024 | ||||||||
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
Receipts
Members contribution 3,504 - - 3,504 2,505
Thanksgiving 896 - - 896 1,137
Outing 2,210 - - 2,210 1,328
Total Receipts 6,610 - - 6,610 4,970
A3 Payments
Thanksgiving 1,073 - - 1,073 65
Outing 1,970 - - 1,970 1,100
food support to Sierra Leone 3,531 - - 3,531 1,300
Administration 650 - - 650
Sub total 7,224 - - 7,224 2,465
Total payments 7,224 - - 7,224 2,465
Net of receipts/(payments) - 614 - - - 614 2,505
A5 Transfers between funds - - - - -
A6 Cash funds last year end 9,167 - - 9,167 6,662
Cash funds this year end 8,553 - - 8,553 9,167
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Section B Statement of assets and liabilities at the end of the period
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Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
Cash funds Current Account 8,553 - 9,167
- -
- - -
Total cash funds 8,553 - 9,167
(agree balances with receipts and payments
account(s)) OK
Signed by one or two trustees on Date of
behalf of all the trustees Signature Print Name approval
Noel Abeoguday Quinty Willaims Noel Abeoguday Quinty Willaims 25/10/2025
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GODERICH ASSOCIATION UK BRANCH
Notes to the financial statements for the year ended 31 December 2024
1 Accounting policies
a) The financial statements of Goderich Association UK Branch have been using the Receipts & Payments basis
b) Fund structure The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year.
The funds held by the charity are either:
Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds - these are funds earmarked by the trustees out of unrestricted general funds for specific future purposes or projects.
Restricted funds - these are funds that 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.
Endowment funds - these are funds that represent assets which must be held permanently by the charity. Income arising on the endowment fund can be used in accordance with the objects of the charity and is included in unrestricted income. Any capital gains or losses arising on the investments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund.
c) VAT The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.
2 Unrestricted funds
| Outgoing 1st January2024 |
Incoming Resources |
Outgoing Resources |
Balance at 31st December 2024 |
|---|---|---|---|
| £9,167 | £6,610 | £7,224 | £8,553 |
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