2025-03-31-accounts - Foundation For Educational Excellence UK

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Registered number 1198781

FOUNDATION FOR EDUCATION EXCELLENCE UK

Report and Accounts

31 March 2025

FOUNDATION FOR EDUCATION EXCELLENCE UK Report and accounts Contents

	Page
Information	1
Trustees' report	2 - 4
Statement of Financial Activities	6
Balance sheet	7
Notes to the Financial Statements	8 - 10
(inclusive of detailed Income & Expenditure)

FOUNDATION FOR EDUCATION EXCELLENCE UK Company Information

TRUSTEES

DR TONNIE ADOH Mrs Folashade Adoh Beatrice Otudeko Dr Olanrewaju Oduloju

Accountants

DELANI AWE & CO Chartered Certified Accountants 14 BRIGHT ROAD CHATHAM KENT SE15 1NX

Registered office

25 Sunny Bank Widmer End High Wycombe HP15 6PA

Registered number

FOUNDATION FOR EDUCATION EXCELLENCE UK Trustees' Report

Trustees Report for year ended 31st March 2024

The trustees present their financial statements for the year ended 31st March 2024

Statement of Trustee Responsibilities

The Trustees are required to prepare financial statements that give a true and fair view of the state of affairs of the organization and of the income and expenditure of the project for that period. In preparing these financial statements, the Trustees are required to:

Select suitable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
State whether applicable standards and statement of recommended practice have
been followed, subject to any material departures disclosured and explained in the statements.
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the project will continue in operation.

The Trustees are responsible for keeping proper records that disclose at any time the financial position of the project. They are also responsible for safe guarding the assets of the organization and hence for taking reasonable steps for the prevention and detention of fraud and other irregularities.

DR TONNIE ADOH

Board of Trustees

FOUNDATION FOR EDUCATION EXCELLENCE UK

INDEPENDENT EXAMINER'S REPORT TO THE

TRUSTEES OF FOUNDATION FOR EDUCATION EXCELLENCE UK

I report on the charity for the year ended 31 March 2025, which are set set out on pages 4 to 5. Respective resposibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. I am qualified to undertake the examination by been a qualified member of Association of Chartered Certfied Accountants.

It is my responsisblity to:

. examine the accounts under section 145 of the 2011 Act;

. to follow the procedure laid down in the General Direction given by the Charity Commission under section 145(5)(b) of the 2011 Act; and;

.to state whether particular matters have come to my attention.

Basis of independent examiner's report

comparison of the accounts presented with those records. It also includes consideration of any unusual or

any such matters. The procedure undertaken do not provide all the evidence that would be required in an audit and, consequetly 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

which gives me reasonable cause to believe that, in any material respect, the requirements:

. to keep accounting records in accordance with section 130 of the 2011 Act; and

. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met.

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

adelaniawe

Mr. Adelani Awe (FCCA, MSc) Date…21 December 2025 For and on behalf of DELANI AWE & CO

FOUNDATION FOR EDUCATION EXCELLENCE UK Profit and Loss Account for the year ended 31 March 2025

Notes Turnover Cost of sales Gross profit Distribution costs Administrative expenses Operating profit/(loss) 2 Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities Profit/(loss) for the financial year	2025 £ 2,780 (600) 2,180 - (901) 1,279 1,279 - 1,279	2024 £ 970 (210)
		760 - (2,290)
		(1,530)
		(1,530) -
		(1,530)

FOUNDATION FOR EDUCATION EXCELLENCE UK

Statement of Financial Activities

for the year ended 31 March 2025

Income Resources Tithes, offerings and thanksgiving Bank interest received Total Income Resources Resources Expended Support costs of activities in furtherance of the charity's objects Management & Administration of Charity Total Income Expended Net incoming/(outgoing) resources Net Movements in Funds Fund balances b/fwd Funds balances c/fwd	Notes 6.1 6.2 6.3	2025 Total Fund £ 2,780 - 2,780 1,169 332 1,501 1,279 1,279 (1,530) (251)	2024 Total Fund £ 970 -
			970
			1,720 780
			2,500
			(1,530)
			(1,530) -
			(1,530)

FOUNDATION FOR EDUCATION EXCELLENCE UK Balance Sheet as at 31 March 2025

	Notes		2025		2024
			£		£
Fixed assets
Tangible assets	3		-		-
Current assets
Cash at bank and in hand		-		-
Creditors: amounts falling due
within one year	4	(251)		(1,530)
Net current liabilities			(251)		(1,530)
Net liabilities			(251)		(1,530)
Unrestricted Funds
Unrestricted Funds	5		(251)		(1,530)
Restricted and Unrestricted Funds c/fwd.			(251)		(1,530)

DR TONNIE ADOH Trustee Approved by the board on 24 January 2026

FOUNDATION FOR EDUCATION EXCELLENCE UK Notes to the Accounts for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Incoming Resources

Income is mainly from grants and bank interest received are included in the financial statements when received.

Resources Expended

All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category.

Taxation

As a charity, the charitable funds are exempt from corporation tax but not from VAT. Irrecoverable VAT is, in accordance with standard accounting practice, included in the cost of those items to which it relates.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery Motor vehicles 2 Operating profit This is stated after charging: Depreciation of owned fixed assets 3 Tangible fixed assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 4 Creditors: amounts falling due within one year Trade creditors Other creditors 5 Unrestricted Funds At 1 April 2024 Unrestricted Funds for the period At 31 March 2025	25% straight line 25% straight line £ - Musical equipment Furniture & fittings £ £ - - - - - - - - - - - - - - - - £ - 251 251 £ (1,530) 1,279 (251)	£ 661
		Total £ - -
		-
		- -
		-
		-
		-
		£ - 1,530
		1,530
		£ - (1,530)
		(1,530)

FOUNDATION FOR EDUCATION EXCELLENCE UK

Notes to the accounts (continued)

6 6. Detailed Income and Expenditure Account for the year ended 31 March 2025

6.1 INCOMING RESOURCES Thithes, offering and thanksgiving Bank interest received Total Incoming Resources OUTGOING RESOURCES 6.2 Support costs of activities in furtherance of the Charity's objects: Pastoral allowances Other direct costs Donations & Gifts Website designs and maintenance Instrumentalist/music expenses Printing, postage & stationery Evangelical/outreach materials Media Members' welfare and training 6.3 Management and Administration of Charity: Rent of hall Rates Travelling and subsistence Bank charges Light and heat Telephone & fax Insurance Sundry expenses Subscriptions Repairs & Maintenance Equipment expenses Security expenses Postage and Carriage Depreciation charge Accountancy fees Advertising and PR	2025 Total fund £ 2,780 - 2,780 - 600 - 569 - - - - - 1,169 80 0 0 102 - - - - - - - - - 150 - 332	2024 Total fund £ 970 -
		970
		- 210 - 1,360 - - 150 -
		1,720
		171 - 26 - - - - 583 - - - - - -
		780

FOUNDATION FOR EDUCATION EXCELLENCE UK Profit and Loss Account for the year ended 31 March 2025

for the information of the directors only

Sales Administrative expenses Operating profit/(loss) Profit/(loss) before tax	2025 £ 2,780 (901) 1,279 1,279	2024 £ 970 (2,290)
		(1,530)
		(1,530)