## Yemserve Foundation Trustees’ Annual Report 1 December 2023 – 31 December 2024 ## **Contents** Yemserve Foundation Trustees’ Annual Report 1 December 2023 – 31 December 2024.................1 1. Reference and Administrative Details........................................................................................................1 2.Trustees Who Served During the Period....................................................................................................2 3. Structure, Governance and Management..................................................................................................2 4.Risk Management................................................................................................................................................ 2 5. Objectives and Activities..................................................................................................................................2 6. Achievements and Performance...................................................................................................................3 7. Financial Review................................................................................................................................................. 3 Income Summary............................................................................................................................................. 3 Expenditure Summary.................................................................................................................................... 4 Reserves Policy................................................................................................................................................ 4 8. Plans for the Future........................................................................................................................................... 4 9. Trustees’ Responsibilities............................................................................................................................... 4 10. Impact Report 2024........................................................................................................................................ 4 8. Declaration......................................................................................................................................................... 6 Yemserve Foundation • Trustees’ Annual Report 2023–2024 ## 1. Reference and Administrative Details Field Information Charity Name Yemserve Foundation Registered Charity Number 1202281 Company Number CE031649 Registered Address 427 Bastable Avenue, Barking IG11 0QN Website YemServes Foundation ## 2.Trustees Who Served During the Period Trustee Name Role Adeyemi Adeboye Chair Olajumoke Sarumi Treasurer Bukola Faronbi Secretary TBC Trustee ## 3. Structure, Governance and Management Yemserve Foundation is governed by a constitution adopted on [insert date]. The charity is overseen by the Board of Trustees, who set strategic direction and ensure compliance. Day-to-day operations are led by the senior management team. Trustees receive induction covering governance responsibilities, safeguarding, financial procedures, and operational guidelines. ## 4.Risk Management A risk register was maintained during the year. Key risks included safeguarding, financial sustainability, data protection, operational delivery, Yemserve Foundation • Trustees’ Annual Report 2023–2024 and reputational considerations. Mitigation steps included enhanced controls, volunteer vetting, training, and monitoring. ## 5. Objectives and Activities The Foundation aims to relieve poverty, support education, improve community wellbeing, and promote health and social welfare. All work complies with the Charity Commission’s public benefit requirement. Key activities delivered in 2023–2024 included: - • Food support initiatives for vulnerable families - • Educational tutoring, mentoring, and digital literacy support - • Community welfare and wellbeing programmes - • Youth empowerment and leadership development ## 6. Achievements and Performance The Foundation successfully expanded its community response, increased beneficiary reach, and strengthened partnerships. Programme Area Food Support Achievement Distributed 1500 food parcels. (Self-cooked and packaged by volunteers) Education Programmes Community Support Provided tutoring and digital skills training to eight beneficiaries. Delivered two well-being events and outreach visits. Youth Empowerment Ran leadership and life-skills sessions for young people. ## 7. Financial Review The charity remained financially stable. Income derived from donations, grants, fundraising events, and partner support. Yemserve Foundation • Trustees’ Annual Report 2023–2024 |Income Summary|| |---|---| |Income Source|Amount (£)| |Donations|500| |Grants|0| |Fundraising|0| |Other Income|300| |Expenditure Summary|| |Expenditure Type|Amount (£)| |Programme Delivery|500| |Administrative Costs|100| |Governance|0| ## Reserves Policy The charity aims to maintain unrestricted reserves equal to 3–6 months of operating costs. Year-end reserves were £[Insert], which is [within/below/above] the target range. ## 8. Plans for the Future Strategic goals for 2025 include: - • Expansion of outreach and welfare services - Growth of youth empowerment programmes - Strengthened partnerships with community organisations - Enhanced safeguarding and governance frameworks - Implementation of impact measurement systems ## 9. Trustees’ Responsibilities Trustees are responsible for maintaining proper accounting records, preparing annual financial statements, safeguarding the charity’s assets, and ensuring legal compliance Yemserve Foundation • Trustees’ Annual Report 2023–2024 ## 10. Impact Report 2024 Impact Overview This report highlights the measurable difference Yemserve Foundation made across communities during 2024. Key Impact Areas - Food parcels distributed: [Insert number] - Beneficiaries receiving educational support: [Insert number] - Community wellbeing events: [Insert number] - Youth empowerment participants: [Insert number] 11. Stories of Change The Annual Praise Night themed Jesus Be Glorified is a yearly praise concert which will feature praise sessions from anointed gospel artists from all across the world, intercessory prayers, worship session, and many other interesting activities. Hosanna Praise 2023 themed Jesus be Glorified will hold on the 14th of January 2023. at 3117, Bastable Avenue, Barking IG11 0QN. Ministering: Adetoun, Odunayo Aboderin, Opeyemi Abayomi, Bukola Oreofe, Tee Balo, IdowuEyin, and LC Beatz. This vision was birthed on the altar of prayers with a vision to provide a platform through which millions of people can worship God with one voice at the same time. The official hashtag for Annual Praise Night is #APN #JesusBeGlorified #APNConcert 200 people were fed and clothed on the night with about similar numbers in attendance. Similar event is being planned for 2025. Yemserve Foundation • Trustees’ Annual Report 2023–2024 ## 8. Declaration This report was approved by the Board of Trustees on 01/ 03/2025. Signed on behalf of the Board: Trustee Name: Adeyemi Adeboye Position: Chair Signature: SACORNELIUS Date: 01/03/2025 Yemserve Foundation • Trustees’ Annual Report 2023–2024