# 



|||||||Page||
|---|---|---|---|---|---|---|---|
|Report o|rustees|||||to||
|In epen|ent|Examtner's|Reports|||||
|tatement o||Ftnancta Acttutttes||||||
|Statement o||Ftnancta|Posttton||8|to|9|
|Statement o||Cas<br>Fows||||10||
|Notes to|t e|Statement|o<br>as|Fows||||
|Notes to|t e|mancta|tatements|||to||
|etat e|Statement<br>o Ftnancta|||Acttutttes|19|to|21|





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|for the Year Ended 30Decem|ber 2022||||||
|---|---|---|---|---|---|---|
||||||30.12.22|30.12.21|
||||Unrestricted||Restricted|Total|
||||Total||||
||||fund|fund|funds|funds|
|||Notes||E||E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations<br>and legacies|||19,803|2,574|22,377|13,457|
|Charitable<br>activities|||||||
|Events Income|||12,609||12,609|24,982|
|Total|||32 412|2,574|34,986|38,439|
|EXPENDITURE ON|||||||
|Charitable<br>actiuities|||||||
|Euents||4|1,879||1,879|1,989|
|Direct Charitable<br>Activities||5-6|32,136|616|32,752|22,711|
|Total|||34,015|616|34,631|24,700|
|NET INCOME/(EXPENDITURE)|||(1,603)|1,958|355|13,739|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought foriuard|||18,165||18,165|4,426|
|TOTAL FUNDS CARRIED FORWARD|||16,562|1,958|18,520|18,165|





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|IA- Foundation<br>Statement of Financial Position<br>30December 2022||||||
|---|---|---|---|---|---|
|||||30.12.22|30.12.21|
|||Unrestricted||Restricted|Total|
|||Total||||
|||fund|fund|funds|funds|
||Notes|E||E|E|
|FIXEDASSETS||||||
|Tangible assets||4,114||4,114|548|
|CURRENT ASSETS||||||
|Debtors<br>Cash at bank|12|12,448|1,958|14,406|2,270<br>15,348|
|||12,448|1,958|14,406|17,618|
|NET CURRENT ASSETS||12,448|1,958|14,406|17,617|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||||
|||16,562|1,958|18,520|18,165|
|NET ASSETS||16,562|1,958|18,520|18,165|
|FUNDS|13|||||
|Unrestricted<br>funds:||||||
|General fund||||16,562|18,165|
|Restricted funds:||||||
|Restricted||||1,958||
|TOTAL FUNDS||||i8,520|18,165|





|Statement ofCash Flows||||
|---|---|---|---|
|for the Year Ended 3<br>December 2022||||
|||30.12.22|30.12.21|
||Notes|||
|Cash flows from operating<br>activities<br>Cash generated<br>from operations|1|4,058|11,704|
|Net cash provided<br>by operating<br>actiuities||4,058|11,704|
|Cash flows from investing<br>activities<br>Purchase oftangible<br>fixed assets||(5,000)|(730)|
|Net cash used in investing<br>actiuities||(5,000)|(730)|
|Change in cash and cash equivalents<br>the reporting<br>period<br>Cash and cash equivalents<br>at the<br>beginning<br>ofthe reporting<br>period|in|(942)<br>15,3418|10,974<br>4,374|
|Cash and cash equivalents<br>at the end<br>ofthe reporting<br>period||14,406|15,348|





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|for t|he Year Ended 30December 2022|he Year Ended 30December 2022|he Year Ended 30December 2022|||||
|---|---|---|---|---|---|---|---|
||RECONCILIATION<br>OF NET INCOME TO NET CASH|||FLOW FROM|OPERATING|ACTIVITIES||
|||||||30.12.22|30.12.21|
|||||||E||
||Net income for the reporting<br>Financial Activities)<br>Adjustments<br>for:||period (as per the Statement of|||355|13,739|
||Depreciation<br>charges<br>Decrease/(increase)<br>in <br>Increase in creditors|debtors||||1,433<br>2,270|182<br>(2,219)<br>2|
||Net cash provided<br>bg operations|||||4,058|11,704|
|2.|ANALYSIS OF CHANGES|IN NET FUNDS||||||
|||||At|31/12/21|Cash flow|At 30/12/22|
||||||E|E|E|
||Net cash|||||||
||Cash at bank||||15,348|(942)|14,406|
||||||15,348|(942)|14,406|
||Total||||15,348|(942)|M,406|





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|fo|r the Year En<br>d30December 2|022|||
|---|---|---|---|---|
||Donations and Legacies||||
||||30.12.22|30.12.21|
||Donation (Individual<br>6Corporate)<br>Trustees'<br>Donation<br>Sponsor a Child<br>Donation - (Office Rent)||8,905<br>2,841<br>3,205<br>7,426|5,187<br>2,768<br>2,502<br>3,000|
||||22,377|13,457|
|3.|Events Income||||
||Events Income<br>UK<br>Events Income (Outside<br>UK)||12,608|20,393<br>41,589|
||||12,608|24,982|
||OUTGOING RESCOUCES IN THE YEAR||||
|4|Events Activities||||
||||30.12.22|30.12.21|
||Rental, Travels 8Raffle Tickets<br>Drinks, Food 6Entertainment<br>Brochure, Photography<br>8 Publicity||E<br>1,260<br>450<br>169|E<br>310<br>1,351<br>110|
||||1,879|1,771|
|5.|Charitable<br>Activities||||
||Direct Charitable<br>Costs<br>Educational<br>Donations/Endowment<br>Rent ofOffice Space||10,506<br>6,528<br>7,426|10,606<br>3,165<br>3,000|
||||24,461|16,771|
|6.|Other Charitable<br>Activities||||
||||30.12.22|30.12.21|
||||E||
||Legal Fees<br>Volunteers<br>Cost||1,468|3'12<br>944|
||Consultants<br>Cost<br>Other Charitable<br>Costs||5,160<br>1,663|4,901|
||NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)<br>is|stated after charging/(crediting):|||
||||30.12.22|30.12.21|
||Oepreciation<br>—owned assets||1,433|182|
||TRUSTEES' REMUNERATION|AND BENEFITS|||



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|COMPARA|TIVE|S FOR THE ST|ATEMENT OF FINAN|CIAL ACTIVITIES (YR2021)|||
|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|
|||||Total|||
|||||fund|fund|funds|
|||||E|E||
|INCOME AND||ENDOWMENTS|FROM||||
|Donations|and|legacies||10,015|3,442|13,457|
|Charitable|activities||||||
|Events Income||||20,392||20,392|
|Other trading||activities||3,574|1,016|4,590|
|Total||||33,981|4,458|38,439|
|EXPENDITURE||ON|||||
|Charitable|activities||||||
|Events Income||||1,771|218|1,989|
|Other||||I8,47l|4,240|22,711|





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|for th|e Year Ended 30|ecember 2022|ecember 2022|||
|---|---|---|---|---|---|
|10.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||(YR2021)||
||||Unrestricted||Restricted|
||||Total|||
||||fund||funds|
||||E||E|
||Total||20,242|4,458|24,700|
||NET INCOME||13,739||'13,739|
||RECONCILIATION|OF FUNDS||||
||Total funds brought forward||4,426||4,426|
||TOTAL FUNDS CARRIED FORWARD||18,165||18,165|
|11.|TANGIBLE FIXED|ASSETS||||
||||||Computer|
||||||equipment|
||||||E|
||COST|||||
||At 31December 2021||||730|
||Additions||||5,000|
||At30December 2022||||5,730|
||DEPRECIATION|||||
||At 31December 2021||||182|
||Charge for gear||||'1,433|
||At30December 2022||||1,615|
||NET BOOK VALUE|||||
||At30December 2022||||4,115|
||At30December 2021||||548|





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|for t|he Year End d30Decem|he Year End d30Decem|he Year End d30Decem|ber 2022|ber 2022||||
|---|---|---|---|---|---|---|---|---|
|12.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
||||||||30.12.22|30.12.21|
||||||||E||
||Trade debtors<br>Prepayments|||||||1,770<br>500|
|||||||||2,270|
|13.|MOVEMENT|IN|FUNDS||||||
||||||||Net||
|||||||At|movement|At|
|||||||31/'12/21|in funds|30/12/22|
||||||||E|E|
||Unrestricted|funds|||||||
||General fund|||||18,165|(1,603)|16,562|
||Restricted funds||||||||
||Restricted||||||1,958|1,958|
||TOTAL FUNDS|||||18,165|355|18,520|
||Net movement||in funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||E||E|
||Unrestricted|funds|||||||
||General fund|||||32,412|(34,015)|(1,603)|
||Restricted funds||||||||
||Restricted|||||2,574|(616)|1,958|
||TOTAL FUNDS|||||34,986|(34,631)|355|





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|Comparatiues|for movemen|t<br>in funds||||
|---|---|---|---|---|---|
|||||Net||
||||At|movement|At|
||||31/12/20|in funds|30/I 2/21|
||||E|E|E|
|Unrestricted|funds|||||
|General fund|||4,426|13,739|18,165|
|TOTAL FUNDS|||4,426|13,739|18,165|
|Comparative|net movement|in funds, included|in the above are as foltotvs:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds.|
|||||E|E|
|Unrestricted|funds|||||
|General fund|||33,98i|(20,242)|13,739|
|Restricted funds||||||
|Restricted|||4,458|(4,458)||
|TOTAL FUNDS|||38,439|(24,700)|13,739|



|A current yea|r 12months and prior year|12months combined<br>position<br>isa|s fottorvs:||
|---|---|---|---|---|
||||Net||
|||At|movement|At|
|||31/12/20|in funds|30/12/22|
||||E||
|Unrestricted|funds||||
|General fund||4,426|12,136|16,562|
|Restricted funds|||||
|Restricted|||1,958|1,958|
|TOTAL FUNDS||4,426|14,094|18,520|





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|A current<br>ge<br>above are as|ar 12 months<br>and prior gear<br> follows:|12months<br>combined<br>net movem|ent<br>in funds, i|ncluded<br>in t|
|---|---|---|---|---|
|||Incoming|Resources|Mouement|
|||resources|expended|in funds|
||||E|E|
|Unrestricted|funds||||
|General fund||66,393|(54,257)|12,136|
|Restricted funds|||||
|Restricted||7,032|(5,074)|1,958|
|TOTAL FUNDS||73,425|(59,331)|14,094|



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|IA- Foundation<br>Detailed Statement of Financial Activities<br>for he Year Ended 30December 2022|||
|---|---|---|
||30.12.22|30312.21|
||E||
|INCOME AND ENDOWMENTS|||
|Donations and legacies<br>Donations - Indimdual<br>Donations<br>—Corporate<br>Trustees' Donation<br>Other Restricted Income<br>Office Rent|7,932<br>972<br>2,842<br>3,205<br>7,426|4,535<br>400<br>2,768<br>2,754<br>3,000|
||22,377|13,457|
|Other Charitable<br>Activities|||
|Fundraising<br>Income<br>Sponsor aChild||2,521<br>1,016|
|Nigeria<br>—Others||466|
|Donation<br>—Nigeria||495|
|Nigeria- Corporate<br>Donation||92|
|||4,590|
|Charitable<br>activities|||
|Dinner- Aduert Income|900|700|
|Dinner Raffle Ticket Income<br>Donation towards<br>Dinner<br>Dinner Tickets Income<br>Pro Bono Raffle Prizes<br>Charity<br>Walk|1,005<br>8,227<br>1,120<br>1,267<br>90|786<br>1,523<br>10,414<br>520<br>6,449|
||12,609|20,392|
|Total incoming<br>resources|34,986|38,439|
|EXPENDITURE|||
|Charitable<br>actiuities|||
|Pro bono Raffle Prizes|800||
|Travel and Subsistence||310|
|DJ|450||
|Dinner Food<br>Hire of Hall|460|1,351|
|Brochure||110|
|Photography<br>/ Videography|169||
||1,879|1,771|





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|Detailed Statement of Financial Activities<br>for the Year Ended 30December 2022|||
|---|---|---|
||30.12.22|30.12.21|
|Charitable<br>activities|E||
|Other|||
|Advertising/Promotion/Marketing<br>General Office Administration|735<br>128|2,455|
|Equipment<br>Maintenance<br>Office Space Rent<br>Travel and Accommodation<br>Books<br>Printing,<br>Postage SStationery<br>Telephone 8 Mobile Working|143<br>7.426<br>2 422<br>1,257<br>135<br>839|403<br>3,000<br>2,138<br>507<br>785|
||13,085|9,288|
|Support costs|||
|Management|||
|Educational<br>Donations<br>Other Donation<br>Volunteers<br>Cost<br>Subscriptions|6,528<br>39<br>381<br>682|3,165<br>218<br>100|
|Accounting<br>Software<br>Website-Hostinq<br>SMaintenance<br>Training SDevelopment|205<br>78<br>734|288<br>348|
|Others|616|2,659|
||9,263|6,778|
|Finance|||
|Hospitality|643|572|
|Other|||
|Volunteers<br>(Nigeria)<br>Legal Fees (Nigeria)||944<br>312|
|Advocacy (Nigeria)<br>Fundraismg<br>Cost (Nigeria)<br>Hospitality<br>(Nigeria)<br>ITCost (Nigeria)<br>Corporation<br>Donation|1,661|849<br>1,009<br>281<br>165<br>92|
|Computer<br>equipment|1,432|182|
||3,093|3,834|
|Other2|||
|E- Learning<br>Material (Nigeria)||174|
|Consultants<br>Charitable<br>Activities (Nigeria)<br>Carried forward|5,159<br>5,159|642<br>1,486<br>2,302|





|IA- Foundation<br>Detailed Statement of Financial Activities<br>for the Year Ended 30December 2022|||
|---|---|---|
||30.12.22|30.12.21|
|Other 2|||
|Brought fortvard<br>Bank Charges (Nigeria)|5,159<br>41|2,302<br>22|
||5,200|2,324|
|Governance costs|||
|Legal 6Prof Fees|1,468|133|
|Total resources expended|34,631|24,700|
|Net income|355|13,739|