Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 01 04 2024 To 31 03 2025
Section A Reference and administration details
Charity name LOVE FOUNDATION Other names charity is known by Registered charity number (if any) 1202794 Charity's principal address 8 Combine Close Stockton-on-Tees Postcode TS19 8JS
Names of the charity trustees who manage the charity
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Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Dr (Mrs) Abisope Akintola |
Chair | |||
| Pastor Olayombo Akintola |
Secretary | |||
| Prof. Adeniyi Ogunjobi |
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| DR. Oladipupo Idowu |
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| Names of the trustees for the charity, if any, (for example, any custodian trustees) | Names of the trustees for the charity, if any, (for example, any custodian trustees) | |
|---|---|---|
| Name | Dates acted if not for whole year |
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Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Constitution of a CIO Type of governing document (eg. trust deed, constitution) Trustees How the charity is constituted (eg. trust, association, company) Appointed Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
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| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
The Objects of the CIO are the relief of poverty among children in the UK and Africa for the public benefit through the provision of grants to enable access to education, healthcare, basic needs such as food and clothing, and to enable them to participate in healthy recreational activities that they would otherwise be unable to afford. |
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| The organisation operates practically by relying on voluntary donations from individuals or other non-profit organisations that share the same ideas. The organisation will continue to advertise and promote its vision to expand the charity’s reach and awareness among potential donors. More so, the Foundation will display fliers in places that parents and young children are likely to visit frequently such as Local Community Centres, churches, mosques etc. Also, the foundation will prepare an information pack, letter, or leaflet to introduce or promote the club by asking the local school to give it out to any new parents. The Love Foundation believes that every child is special, each with their unique gifting and qualities. Hence, the Foundation will give more attention to local schools in Nigeria, since after-school club form part of the Government’s extended school agenda in the UK. However, we notice that even in the UK there are times where some children want to engage or learn some skills such as ballet, musical instruments, but the parents are unable to pay the cost of learning. Therefore, Love Foundation will support such children by providing the financial support they need so that they can maximise their potentials. Furthermore, Love Foundation will carefully develop program for holistic and interactive learning environment to support the disadvantage communities in Nigeria where every child can learn and grow through engaging in different after-school clubs such as musical instruments training, ballet classes. The Foundation will provide financial support for volunteers or local charity and schools to carry this project out. In promoting the project, after-school club, the foundation will approach and speak local schools within the target communities for opportunity to introduce the club at one of the school parent-teacher meetings/assembly and distribute fliers. If allow will create stand at the school fair or parent’s evening where people can be enlightened and educated of the benefits of the after-school clubs at no cost. |
Additional details of objectives and activities (Optional information)
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You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and performance The charity was unable to carry out any charitable support during this Summary of the main period due to unforeseen circumstances. However, the charity will achievements of the charity continue support children in need within the community. during the year
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Section E Financial review
The trustees have established a reserves policy to enable the charity to Brief statement of the function effectively in the event of a decline in its income. charity’s policy on reserves
Details of any funds materially None in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) OAkintola Full name(s) Pastor Olayombo Akintola Position (eg Secretary, Chair, Secretary etc) Date 05/01/2026
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| Charity Name LOVE FOUNDATION |
Charity Name LOVE FOUNDATION |
Charity Name LOVE FOUNDATION |
No (if any) 1202794 |
No (if any) 1202794 |
No (if any) 1202794 |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 01/04/2024 |
To | Period end date 31/03/2025 |
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| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ 63 - - - - - - - 63 - - - 63 - - - - - - - - - - - - - - 63 - - 63 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 63 - - - - - - - 63 - - - 63 - - - - - - - - - - - - - - 63 |
Last year to the nearest £ |
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| 63 | 160 | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
63 | 160 | |||||
| A2 Asset and investment sales, (see table). |
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| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
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| 160 | |||||||
| - | 109 | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | - | 109 | |||||
| A4 Asset and investment purchases (see table) |
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| , | - | ||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
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| 109 | |||||||
| 63 | - | - | 63 |
51 | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| 63 | - | - | 63 | 51 |
CCXX R1 accounts (SS)
05/01/2026
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature Oakintola |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Olayombo Akintola |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Oakintola | Olayombo Akintola | 05/01/2026 | |
CCXX R2 accounts (SS)
05/01/2026
2