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**
1
**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**
2
## **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
1. 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.
or
2. 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
3
## **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)|
5
## **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)**|
6
## **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
7
**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)|
8
## **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**|
9
## **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)|
10