Charity Registration Number: 1202862
EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Annual Report and Financial Statement for the year ended 31 July 2025
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862
Annual Report and Financial Statement
| Contents | Page | |
|---|---|---|
| Charity Information | 3 | |
| Trustees' Annual Report | 4-5 | |
| Statement of trustees' Responsibilities | 5 | |
| Independent Examiners' Report | 6 | |
| Statement of Financial Activities | 7 | |
| Balance Sheet | 8 | |
| Notes to the Financial Statements | 8-9 | |
| Detailed Income and Expenditure Account | 9 |
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862
Charity Information
Charity Registration Number: 1202862 Charity Structure: Charitable Incorporated Organisation (CIO) Registration Date: 27 April 2023
Board of Trustees
Dr. Itauma Charles Itauma (Chair) David Etukudo Udo Glory Lawson Ekpo Dr. Margaret Abo Eta Ayorinde Chief Francis Etukudo Benson
Independent Examiner: Joynal Abedin FCCA Abedin Chartered Certified Accountants Unit 22, Barkat House, 116-118 Finchley Road, London NW3 5HT
Registered Address: 134 Glencoe Road, HAYES, Middlesex UB4 9SN
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862
Trustees' Annual Report
Trustees present their report and financial statement for the year ended 31 July 2025 Incorporation
The charitable was incorporated on 27 April 2023
Principal activities
The union is dedicated to fostering a collaborative and supportive community for the general welfare, interest, understanding, and unity among Eket citizens and relevant authorities in the UK and Ireland.
Aims and Objectives
The Eket Community Union of the United Kingdom and the Republic of Ireland is dedicated to:
Promoting the general welfare, interest, understanding, and unity among Eket citizens in the UK and Ireland.
Providing a forum for discussion and acting as a medium of communication between Eket citizens and relevant authorities.
Encouraging the preservation and awareness of Eket cultural and traditional values. Offering advocacy, advice, and information to support community members.
Charitable Activities and Impact
Poverty Relief Initiatives
Providing financial aid and necessities to vulnerable individuals in England and Nigeria. Partnering with local organizations for food distribution and emergency support.
Cultural and Educational Programs
Hosting events and workshops to celebrate Eket heritage. Organizing educational programs in science and the arts to empower youth.
Advocacy and Support Services
Offering legal, financial, and social support to individuals in need. Providing advisory services to help people navigate challenges.
Governance and Management
The charity operates under the governance of its Board of Trustees, who oversee its strategic direction, financial oversight, and compliance with charity regulations. The trustees meet regularly to review progress, approve budgets, and assess risks.
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC
OF IRELAND
Charity Registration Number: 1202862
Trustees' Annual Report (Continued)
Trustees
The following persons served as trustees during the periods:
Dr. Itauma Charles Itauma (Chair) David Etukudo Udo Glory Lawson Ekpo Dr. Margaret Abo Eta Ayorinde Chief Francis Etukudo Benson
Statement of trustees' Responsibilities
The trustees present their report and financial statement for the year ended 31 July 2025. The trustees are responsible for preparing the Report of the trustees and the financial statements in accordance with applicable law and regulations.
Charity law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give 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 these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
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make judgements and accounting estimates that are reasonable and prudent;
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the charity law. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board on 19 June 2026 and signed on its behalf.
….......................................................................... Dr. Itauma Charles Itauma The Patron / Chair
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862
Independent Examiners' Report
Independent Examiners' report to the trustees of
EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
I have examined the financial statements of The Eket for the year ended 31 July 2025, which comprise the Income Statement page 7, Balance Sheet page 8 and Notes to the Financial Statements, including a summary of significant accounting policies page 8. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Trustees' responsibility for the financial statements
As explained more fully in the Statement of Trustees' Responsibilities set out on page five, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Our responsibility
It is my responsibility to examine the financial statements.
An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, consequently I do not express an audit opinion on the financial statements.
Conclusion
- Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared: --
-so as to give a true and fair view of the state of the company's affairs as at 31 July 2025 and of its surplus for the year then ended;
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in accordance with United Kingdom Generally Accepted Accounting Practice; and
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Joynal Abedin FCCA
Abedin Chartered Certified Accountants Unit 22, Barkat House, 116-118 Finchley Road, London NW3 5HT
19 June 2026
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862 Income and Expenditure Account for the year ended 31 July 2025
| Income Income Donations Total Income Expenditure Charitable Activities Other Costs Total Expenditure Operating surplus/(deficit) Surplus/(deficit) for the financial year Reserve brought forward Total reserve as at 31 July 2025 / 31 July 2024 |
2024 Restricted Funds (£) Unrestricted Funds (£) Total (£) Total (£) - 14,495 14,495 1,734 - 14,495 14,495 1,734 Restricted Funds (£) Unrestricted Funds (£) Total (£) Total (£) - 18,949 18,949 661 - 1,200 1,200 1,000 - 20,149 20,149 1,661 - (5,654) (5,654) 73 - (5,654) (5,654) 73 1,351 1,278 (4,303) 1,351 2025 |
|---|---|
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EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Charity Registration Number: 1202862 Balance Sheet As at 31 July 2025
| Assets | Notes | 2025 | 2024 | |
|---|---|---|---|---|
| £ | £ | |||
| Debtors | 2 | - | 850 | |
| Cash & Bank Balances | 897 | 1,501 | ||
| Total Assets | 897 | 2,351 | ||
| Liabilities | £ | £ | ||
| Creditors due within one year | 3 | 5,200 | 1,000 | |
| Total Liabilities | 5,200 | 1,000 | ||
| Net Assets/(Liabilities) | (4,303) | 1,351 | ||
| Capital and reserves | ||||
| Income and expenditure account | (4,303) | 1,351 | ||
| Total fund/ reserves | (4,303) | 1,351 |
Notes to the Financial Statements
- Basis of Preparation: The financial statements are prepared following UK charity accounting standards.
Income
Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. No grants received during the financial year ended 31 July 2025.
Trustee Remuneration & Staff Costs:
During the reporting period, the charity had no paid employees. Additionally, no trustees received any remuneration or benefits in connection with their roles. All trustees volunteered their time and expertise freely in support of the charity's objectives. This reflects the charity's commitment to maximizing the impact of its resources directly for community benefit.
Restricted and Unrestricted Funds:
During the financial year, the charity received only unrestricted income, which was comprised entirely of membership subscriptions and voluntary donations from members. No grants or restricted funds were received during the period. This income supported the charity's general activities and allowed the trustees flexibility in allocating resources to meet the charity's objectives.
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Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| 2025 | 2024 | |
|---|---|---|
| 2. Debtors | £ | £ |
| Other debtors - refund from reservation | - | 850 |
| 2025 | 2024 | |
| 3. Creditors: amounts falling due within one year | £ | £ |
| Other creditors - independent examiner's fees | 2,200 | 1,000 |
| Loan from doner - Mr Akpan | 3,000 | - |
Other creditors - independent examiner's fees Loan from doner - Mr Akpan
….......................................................................................
Approval and Signature
Approved by the Board of Trustees on: 19 June 2026 Signed by: Name: Dr. Itauma Charles Itauma Position: Chair
EKET COMMUNITY UNION OF THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Detailed Income and Expenditure Account
for the year ended 31 July 2025
This schedule does not form part of the statutory accounts
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Income | Restricted Funds (£) |
Unrestricted Funds (£) |
Total (£) | Total (£) 2024 |
|
| Donations | - | 14,495 | 14,495 | 1,734 | |
| Total Income | - | 14,495 | 14,495 | 1,734 | |
| Expenditure | Restricted Funds (£) |
Unrestricted Funds (£) |
Total (£) | Total (£) 2024 |
|
| Event cost | - | 18,949 | 18,949 | 150 | |
| Bookkeeping | 600 | 600 | |||
| Consultancy fees | - | - | 511 | ||
| Independent Examiner's fees | - | 600 | 600 | 1,000 | |
| Total Expenditure | - | 20,149 | 20,149 | 1,661 | |
| Operating surplus/(deficit) | - | (5,654) | (5,654) | 73 | |
| Surplus/(deficit) for the financial year | - | (5,654) | (5,654) | 73 |
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