Charity No. 1198805 

## HELPS GLOBAL ASSOCIATION 

(Dormant Accounts) 

(A Charitable Incorporated Organisation) Annual Report and Financial Statements 01 April 2023 to 31 March 2024 



## **Contents** 

Legal and administrative information 

Report of the Trustees 

Dormant Balance Sheet 

Notes forming part of the financial statements 

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## **Legal and administrative information** 

Charity number 11 9 8805 Registered address 55 BEDFORD ROAD SHEFFORD SG17 5DR Trustees Dr Agbor Ako Dr Eyong Egbe Professor Alinah Segobye Everjoy Kurangwah Professor Sir Tumani Corrah KBE Dr John Bolodeoku 

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## **HELPS GLOBAL ASSOCIATION** 

## **Trustees' Report** 

The Trustees present their annual report and accounts for the year ended 31 March 2024. 

During this year, the charity had dormant accounts. 

## **Structure, governance and management** 

The  Charity  is  constituted  as a  Charitable  Incorporated  Organisation  (CIO)  Foundation,  as  a  body corporate under  Part 11  of  the  Charities Act 2011 on the  03 May 2022.  The CIO  registered with  the Charity Commission on the same day. 

Trustees  are  legally  responsible  for  the  governance  and  management  of  the  charity. Trustees  are responsible of setting strategies and policies for ensuring these are implemented. 

## **Risk management** 

The  charity's  trustees  have  considered  the  major  risks  to  which  the  charity  is  exposed  and  have reviewed  potential risks. Systems  and  procedures have  been put in place  to manage  the risks  and to mitigate any adverse outcomes. 

## **Objectives and activities** 

The governing scheme defines the charity's objectives as being to the promotion of equality and diversity for the public benefit by: 

1. seeking to address the factors that inform the underrepresentation of professionals from ethnic minority backgrounds in leadership and decision-making roles within the healthcare sector in the UK,  and such  other countries  as the trustees  shall from time to time  determine, by  providing workshops,  webinars, conferences  and mentoring to  support professionals  to enter such roles in order to create more diverse, representative  and responsive healthcare systems which reflect the societies they serve; 

2. promoting  activities that  advocate for  a reduction in  inequality of access to  healthcare and an improvement in health outcomes for ethnic  minority communities worldwide, including  but not limited to commissioning publications on relevant topics. 

## **Achievements and Performance** 

The CIO was dormant during this period. 

## **Financial review** 

No transaction took place during this period. 

## **Future plans** 

HELPS GLOBAL ASSOCIATION (Charity no 11 9 8805) is expected to start its fundraising soon. 

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## **Trustees' responsibilities statement** 

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for  each financial  year which give a true and fair view  of the state of affairs  of the charity and  of the incoming  resources  and  application  of resources  of  the charity  for that  period. In  preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- 

- 

   - observe the methods and principles in the Charities SORP; 

   - make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The  trustees  are  responsible  for keeping  proper  accounting  records  that disclose  with reasonable accuracy  at any time the financial position of the charity and  enable them to ensure that the financial statements  comply with the  Charities Act 2011, the  Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report was approved by the trustees on **28 January 2025** and signed on their behalf by: 



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Dr Agbor Ako Trustee 

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## **HELPS GLOBAL ASSOCIATION (1198805)** 

## **Balance Sheet as at 31 March 2024** 

## **(Dormant Accounts)** 

|**Fixed assets**<br>Tangible assets<br>Total fixed assets<br>**Current assets**<br>Stock and work in progress<br>Debtors<br>Cash at bank and in hand<br>**Liabilities**<br>Creditors: amounts falling due within one<br>year<br>Net current assets<br>Creditors: amounts falling due after one<br>year<br>Provision for liabilities<br>Net assets<br>**Reserves**|**£**<br>0<br>0<br>0|**£**<br>0<br>0<br>0<br>0<br>0<br>0<br>**2024**|**£**<br>**£**<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|
|---|---|---|---|
||0<br>0|||
||0|||



Approved by the Board on **28 January 2025** and signed on its behalf by: 


**…………………………………….** 

Dr Agbor Ako Trustee 

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**Notes forming part of the financial statements for the year ended 31 March 2024** 

## **1. Accounting policies** 

## (a) Basis of preparation 

The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance. 

## (b) Charity status 

The  Charity  is  constituted  as  a  Charitable  Incorporated  Organisation (CIO)  Foundation, as a body corporate under Part 11 of the Charities Act 2011 on the 03 May 2022. The CIO was registered with the Charity Commission on the same day. 

Fund accounting 

General funds  are unrestricted funds  which are available  for use at the discretion  of the trustees in furtherance of the  general objectives of  the charity  and which have not  been designated  for other purposes. 

Restricted funds  are funds which are  to be used in accordance  with specific restrictions  imposed by donors  or  which have  been  raised  by the  charity  for particular  purposes. The  cost of raising  and administering  such funds  are charged  against the  specific fund. The aim  and use  of each restricted fund is set out in the notes to the financial statements. 

## (d) Receipts 

All  incoming  resources  are  included in  the Receipt & payment  Accounts when  the charity actually obtains legally entitled income. 

## (e) Payments 

All  expenditure  is  accounted  for on payments  basis and  has  been  classified  under  headings  that aggregate  all costs  related to  the category. Where  costs cannot  be directly attributed  to particular headings they have been allocated to activities on a basis consistent with use of the resources. 

## **2. Member liabilities** 

The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. 

## **3. Debt outstanding** 

There is  no particulars  of any debt  outstanding at  the date  of the statement  of assets and liabilities which  is owed by  Helps Global Association  and which  is secured by  an express charge  on any of the assets of Helps Global Association. 

## **4. Related Parties** 

Controlling entity 

The charity  is controlled  by the  trustees. During  the year  the Trustees  received  no  emoluments or incurred any expenses using Trust funds. 

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