Charity Nutnbcr: 1201838 BSHOW FOUNDATION Financial Statements For tbt P¢rit)d Ended 31 March 2024 Augustus & Co Cbartered Certified Aeeount2nts BSHOW FOUNDATION Index Contents Legal and Administrative Details 24 TrustKs Rcport Indcpendcnt Examinevs Report Statement of Financial Activities Balance Sheet Notes to Accounts BSHOW FOUNDATION al and Admitti$trative Details Trustees Bolanle Sodola {Chairperson) Folashade Lawal-Balogun Oyinkansola Idowu Immanuel Ifeoluw& Oluwafolabi Svdola Bankers NalW¢st 250 Bishopsgate London EC2M 4AA Independent Exajnin A A BO&f￿BreWU FCCA MBA Chartered Certified A￿Ulltant 374 Ley Street Ilford Essex IGI 4AE Registered Addres5 2 Norfolk Road Maidstone ME15 7JD Charity Number: 1201838 BSHOW FOUNDATION Report of Ihe Tru8t¢es The trustees submit thcir annual r¢port together with the f￿anCIal statements for th¢ period end¢d 31 March 2024. The fuMn¢ial statements have been prepared in accordance witb the accounting policies set out in note I to the accounts and comply with thc chartty'5 trust derf the Charitie5 Act 2011 and Accountillg and Reporting by Charities.. Statement of Recommended Practice applicablc to charities preparing thctr a¢eounts in accordancc with thc Firftarftcial Reporting Standard applicable in the UK and Rq)ublic of Ireland wblished on 16107114. Governing Docume￿1 BSHOW FOUNDATION is a charitable incorporated organisation (CIO) and registered with the Charity Commission on 6th February 2023. ObJ¢c¢lves The objeclives of the charity are: to relieve persons who ar¢ suffuing frovn infertility or other related issues through the provision of infornmtion, advice and supp)rt and working with fertility treatment provikn to Styport thc provision of fertility and assisted reproduction treatments for all sufferern of inf¢rtility' to ￿vanc￿ tk cducation ofthe general public about all aspects of fertility. inf¢rtility. Revlew ofActhrftl¢s The financial posiliou ofthe Ch￿[ty at the end of the f￿ancial year is &8 detailed in the attaeh¢d financial styt¢ments. Th¢ charity r￿e1ved incom¢ of £4.155 during ihc Yc￿. Trustees The following seryed &8 tr￿￿tr£S during th¢ y¢ar: Bol8nle Sodol& (Chairpuson) Folashade Lawal-Balogun Oyinkansola Idowu Immanuel Ifeoluw8 Oluwafolabi Sodola Trustee Selection Method Thc trust¢e5 are appointed by nominations. An ap￿)￿ntM￿t is made aft¢r a meeting has i%en held to Consider the skills. knowledge and exrKrience needed for the effective administration of the charity. BSHOW FOUNDATION Activitie5 and AebievemeDts During tbe Year During the period covered by these Recounts we cattied out the following: Weekly sUPPOrt and praying meeting on zoom on every Wednesdays We¢kly visit lo individual homcs for support and counselltng. Tel¢phon¢ call sUPPOrt to beneficiaries of the foundation Trustees m¢&ings h¢ld on zoom. Reserve5 Policy At 31 March 2024 there was free unrestricted res¢rves of £3.464 and this will be used to sUp￿rt the charity's future aclivities. Review of Major Ri51is The m&jorrisk the charity faees is donatioA]s. The trustees are putting in every possibl¢ ¢ffort to creat¢ awareness and hence raise more fU￿ls. PlaD5 for the Future The plan for the future is lo ¢ollabornte with ferttlity elinic5 and other organisatio￿S to m¢¢t th¢ TK¢ds of beneficiaries. Holy our 4ctivities deliver public benefit Our rnain activities and who we ty to serve are as descril￿d in our objectives and activities. All our charitable activities focus on these objectives to further our charitable purposes forthe public ￿tter1t. BSHOW FOUNDATION Sl¥(¢meDtof Tru&leW Rtspobslbllltle ThB Irn9te￿ ¥te rc*pDJsible for prwingthe ThJst￿, Annual RBport aAdthehaUcI￿ Statements in accordartc¢wiih appltcablclaiy and United KSrtgdt)m A¢countlng StgJ)d8rds (Unlted Kij Q¢nerallyAceepted Accowilin8P￿c￿c•). The law 4)pli¢Able t¥J ch*itits lo FIn￿d & Wales Nuires the￿ to prepare fina￿￿&[ slat¢m¢nts for¢a¢h year¥vhich givE al￿￿￿TEd fairvitiw of tbe state of affain ofthcelwity and ofthe I￿0￿1￿8 reJOu￿&8 8md application Of1￿￿CeS ofthe ethoAty for that pxiod. In preparÉng tb¢se financial statcm¢nt4 the trustees Ere requi￿t0. 8) 8ckct suitable acwuritingpolibles aBd apply them ¢o]tststently' b) ob5erye Ihe meth(Ml8 Aodprinciples ill the Charities SORP: ¢) m#kojudgtnents ttsd eEtithates that a(¢ r¢asonable0nd prvden¢ stste whethor appllcable aeeounting st8rthth have been follorf sllbiect to any mat¢ri dep3rhtres discl(wd and ¢xpl8in¢d ia thefinanciol thlwerfs. ¢) prep￿£ thE fllwi¢ial $latcm¢Jts on the 80sn8 Cor￿ bA3i5 vnl¢s¥ Trt trs inopprvwi* to th&tthrcharlty will conlinuoin omyon The tnwtee8 ore ￿pOnsibk forkeepimg PrnPEr arcountillg ￿ thrtdiKlosG witb Tcasonable ?t¢urdCy at anytimethe finall¢lalposttlon oftkncharity and e4ab1¢the￿ to that thp fin￿￿[￿1 8t8toments comply with the Charitles Art 2011. the applic&ble (knltlos (ACCO￿lS andReports) R¢8ulatioD& and thepmvision8 of thethwt d¢e&Th¢y ar¢ also rt8p>￿Ibl¢ forsafeguarding the Assets of th¢ cFwity and laktngYe8sonableslcps fortknweventiongThldBtection OffiT￿ and other irLe8ulwitr The trustees we rESPDnsli >le fcrthe and int<8rityofthe ch•ity and the f￿&￿ial illfoTmAtion on the ¢lTraritys webxite. ILgisl8tÈon in the Uoited XiTrsdom Boverning the preparation attd dissetyinatlon OrrnAnd￿ ststemmts nw diffoT ftom 1¢g￿lationin oth¢rjurI3dirtto￿. dyN1tsDt Ex¥inlne Thetruste&8 xntsJJd8skiDgthc ￿]StiJ}g aGGountonltr ￿arrt* ind¢pBtthut QXVJniTVtiw oftb¢ organi$#iion's accounts iti the following year. D¢¢lirAtlon We d#elato. in our wcity ofchaEityknL8te4 tlwt: the trustees have approyedthe report &bov¢: attd have 8Eiih¢irised usto Sign on th¢ir behalf. NArne." Pojtiiott: olanl• Sodola 13 Feb￿￿ 2025 BSHOW FOUNDATION Independent Examiner's Report to the Trustees of BSHOW FOUNDATION I report to the twstees on my examination of the financial slalements of BSHOW FOUNDATION ('the chaTity') for the period ended )1 March 2024 whi¢h ¢OTnprise th¢ Statement of Financial Activities. the Balance Sheet and related notes. This report is made solely t() th¢ ¢hartty's trustccs, as a body, in accordance witll section 145 of th Charities Act 2011. My work h&5 undcrtaken so that I might state to the charity's trnstees those Tnattcrs l required to state to them in this report and for no other purp)se. To th¢ fullest extent perniitted by law. I do not accept or assume reswjnsibility to anyone other thw] th¢ ¢haTity and the charity'5 truste¢s as a IxMJy> for my work, for this repor4 or for the opinions I h&ve fornied. Responsibilities and basis of report As the tru5tC¢s of the charity you are responsible for the prq)aralion of ihe rtllancial stathents in accordan¢¢ wilh the requirements ofthe Charities Act 2011 ('the Act,). I Teport in re5prctr of my examination of the charity's financial stAtements ¢•rricd out under section 145 of the Act and in carying out my examination I have followed all the applicable Directions Eiven by the Charity Commission under Section 145(5)(b) of the ACL An independent examination does not involve gathering th¢ eYidcnc¢ that would requi￿ In an 8udAt and cons¢qu¢nily does not cover all the matters that an auditor wwid¢rs in giving thcir opinion on ihe financia] st8tem¢nts. The planning and conduct of an audit goes trKyond the limited assurance th* an independent exami￿t10Th ean provide. Conscqucntly l ¢xpre55 no opinion as to whether the financial stateTnents present a ,tn￿ and fair. view and my re￿)rt is limited to those specifEe mattcrs sct out in the indcBKnd¢nt examiner's statement. IDdependent examiner's statement If the charity's gross illeome ¢xr¢¢ds £250.000 your examiller must be a member of a body listed in sectiorl 145 of the 2011. The charity's income for the yellr was below thi5 thrcshold. I confinn that I am qualified to undertake the examination EÉcause I am a memlxr of ACCA, which is on¢ of the listed bodie5. I hav¢ wmpleled my examination. I confirni that no material matters have come to my attention in connection with the ex8mitlltion giving rnc causc to believe that in any materiaI respect: accounting records were not kept in ￿spect of the charity &8 rryU]r￿ by sKtion 130 of the > thE fLnancial statements do not accord with those records. or > the financial statements do not eomply with the applicable reqUi￿tn¢nts Co￿£ming the forni at￿ conlent of accounts sel out in ibe Charities (Ar¢ounI5 and R¢ports) R¢gulatiODS 2008 other than any rquirwn¢nl thal th¢ arcounts give a 'true and fair view which is not a matter ousidered as part of tin independent &X8minallOJL I have no eonccrns and have come across no other matt¢TS itL ￿T￿¢￿tIon iyith the examination to ivhich attention should b¢ d]awn in this report ID order to enable a proper understanding of the fllwieial statements o be rvached. A A Boafo-Brewu (FCCA MBA) 374 Ley Str¢