NMECHAS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2024 CHARITY NUMBER: 1200894 CONTENTS PAGE Legal and administrative information Report of the trustees Income and Expenses Statement Independent Examiner's report NMECHAS FOUNDATION Legal and administrative information Trustees Kalu Nmecha Daniel Kalu Heike Poestges-Nmecha Address 8 BAYCLIFFE LYMM WA13 OQF Independent Examiners Solomon Allistar IMAATI 54 Carriocca Business Park Hellidon Close, Ardwick Manchester M12 4AH Charlty Reglstratlon Number 1200894 NMECHAS FOUNDATION ANNUAL REPORT FOR THE YEAR ENDED 31st December 2024 Nmechas Foundation is constituted by a Charity incorporuted Organisation FouJ]dation model constittltion and is a rcgis(crcd chaTity, No 1200894. The charity twsiees to 31° December 2024 were: Kalu Nmecha Danlel Kalu Helke Poeslg&Nmeeh The objects of the charity are *$ follows. To rclicf the di5advants8cd by making grants of moncy and providing it¢m5 or services for those itt need in Lanca5hir¢, Mallche5t¢r City and Nigeria. The tntstees. ￿)licY is to ensure that the abov¢ aims are m¢t to the high¢stpossible stand3r4t Volunteers staff the ¢harity. with thewoTkload spread among some of the styjior mrnibers. The clLaTity is funded by th¢ general public Ivhich is b¢¢n used towards the maintettvnc¢ and xmprovement of the chariry's as5¢ts alld promoting and achieving th¢ chaTity'S objeGts These fitmllcial statements have been prepared in accordallce with the provisions appli43blt to Ch￿lty law. Th¢ fm2ticial statments were approved by th¢ Board of Tru5t¢¢s and authori5¢d for is5U¢ Qll 2911112023 2Dd were sigtsed on its behalf by.. Kalu Nrnetha Trustee I Chalrman Date.. 1610912024 NMECHAS FOUNDATION ANNUAL REPORT FOR THE YEAR ENDED 31" December 2024 Statement of Trustees, responsibilities The Board of Trustees has overall responsibility for ensuring The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in Englandlwales requires the Board of TTUStees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have: Selected sultable accounting policies and applied them consistently. Made judgments and estimates that are reasonable and prudent, Stated whether applicable accounting standards have been followed, subject to any material departures disLlosed and explained in the financial statements; and Prepared the tinancial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation that the Charity has an appropriate system of controls, financial and othenvise. They are also responsible for keeping proper accounting records which disclose with r¢asonable accuracy at any timc thc financial position of the Charity and Lnable thcm to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom goveming the preparation and dissemination ol. tinancial stateinents may dityer froin legislation in other jurisdictions. NMECHAS FOUNDATION Report of the Trustees for the Year Ended 31" December 2024 Wc, &8 the Trustees of the CIMrity who held office at the date of approval of fitjattcial statements as set out on page 4 ea¢h confim), so far as w¢ ar¢ aware, that.. There is no relevant infomiation of whith the Charity's independent examiner are unaware; and we have tsk¢n all the stw that we ought ¢0 have taken as Tn￿Le¢S i order to make ourselve5 aware of any r¢levant informatioll 2nd to establish that the charitys indepettdent examiner is aware of that infomiatioo. ACHEIVEMENT AND PERFORMANCE Operated a food bank by donèting food Itemsto the homeles5 and those fac6ngfln3ndal dlfficultyon monthly basls ir Nigeria. Independent Examlner.. The Chariry's independent examincr, Solomon Alli5tar IMAAT) of SAA BUs￿s SUPPORT LTD has indi￿ted their willittgtjess to continue in office and offer themselves for appointment. This r¢kN)rt was approved by the Tn￿tee$ ott and signed on their behalf by.. K l Nmecha Trustee/ Chairperson Date:1610912024 ST INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 December 2024 INCOME 2024 2023 Voluntary Donations £ 5,000 £2500 TOTAL INCOME £5,000 £2,500 EXPEI¥JSES Charity activities £4,700 £2,200 Total Expenses £4,700 £2,200 Sllry)lus £300 £300 Independent Examiner's Report to the Trustees of NMECHAS FOUNDATION I report on the accounts of the Trust for year ended 31, December 2024, which is set out on pages 7 Respective responsibilities of Trustees and examiner As the charity's trnstees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of Charites Act 1993 {the Act) does not apply. It is my responsibility to state, on the basis of the procedure5 specified in the General Directions given by the Charity Commissioners under sector 43(7)(b) of the Act, whether matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directors given by the Charity Commissioners. An examinatjon includes a review of the accounting records kept by the charity and a comparison of the account5 presented with those records. It also includes consideration of any unusual itcms or disclosurcs in the accounts and sLLking explanations frorn you as trustee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with our examination, no matter has come to our attention.. to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006 and to prepare accounts which accord with the accounting records, comply with the accounting requirements of Section 394 and 395 ot. the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met- or 2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. SOLOMON ALLISTAR (MAAT) SAA Busine.g.s Suppoi't Limiled 54 Carriocc'a Bu.siRze.g.f Park Hellidon Clo.ve, Ardwick munche.ster M12 4AH