IFORIVAkD
GETHER
NZANOBI
Trustee Annual Report
for Nzanobi Charity

## Charity Information 

- **Charity Name:** Nzanobi Charity 

- 

   - **Registration Number:** 1203447 

- **Address:** 3 ISENBURG WAY HEMEL HEMPSTEAD HP2 6NQ 

- **Trustees:** 

      - Dr. Michael Egbor 

      - Mrs. Celestina Egbor 

      - Mr. Darlington Egbor (Chair) 

## Introduction 

This Trustee Annual Report outlines the activities, achievements, and financial performance of Nzanobi Charity for the year ending 31 December 2024. As a small charity, our mission to advance education, promote good health, and relieve poverty within the African and Afro-Caribbean community continues to drive our efforts. We are grateful to our donors, partners, and volunteers for their unwavering support. 

## Structure and Management 

## **Structure** 

Nzanobi Charity is a small charitable incorporated organisation (CIO) operating in the UK. It is governed by its constitution, which outlines its purpose, activities, and governance framework. 

## **Management** 

The charity is managed by the board of trustees, who meet quarterly to oversee activities, review performance, and make strategic decisions. Day-to-day operations are managed by volunteers and part-time staff under trustee supervision. 

## **Trustee Recruitment** 

Trustees are recruited based on their skills, expertise, and alignment with the charity’s mission. Recruitment involves: 

- Public advertisement of trustee roles. 

- An application and interview process. 




- Approval by the existing board. New trustees undergo an induction program to familiarise themselves with the charity’s operations, governance responsibilities, and public benefit obligations. 

## Objectives and Activities 

## Charitable Objectives 

Nzanobi Charity exists to improve the lives of individuals within the African and AfroCaribbean communities by addressing issues of social inclusion, education, health, and community empowerment. 

## Activities Undertaken 

In 2024, we focused on delivering impactful programs and events aligned with our mission. Key activities included: 

## 1. **Charity Launch Event:** 

We officially launched Nzanobi Charity, introducing our mission and vision to the community. This event brought together supporters, collaborators, and community members, setting the stage for our future initiatives. 

## 2. **Menopause Awareness Program:** 

We organized a Menopause Awareness event to shed light on the challenges faced by African and Afro-Caribbean women. The event provided education, resources, and a supportive platform for dialogue. 

## 3. **Parenting Support Workshops:** 

These workshops were aimed at equipping parents with tools and strategies to support their children’s educational journey, fostering better engagement and outcomes. 

## 4. **AI for Entrepreneurs and Professionals:** 

We conducted an AI-focused event at the Microsoft Experience Centre, providing insights into how artificial intelligence can empower entrepreneurs, parents, and professionals in their daily activities. 




5. **Black History Month Awareness Event:** 

In partnership with the Microsoft Experience Centre, we hosted a Black History Month event to celebrate and raise awareness of the contributions of African and Afro-Caribbean individuals to society. 

## Achievements and Performance 

## Impact Highlights 

- **Menopause Awareness Event:** Reached 10 participants, creating a safe space for women to share their experiences and learn from experts. 

- **Parenting Workshops:** Benefited 30 families, improving parents’ confidence in supporting their children’s education. 

- **AI Event:** Educated 50+ attendees on practical applications of AI, fostering innovation and skill development. 

- **Black History Month Event:** Engaged participants in celebrating cultural heritage and fostering unity within the African and Afro-Caribbean community. 

## Collaboration and Partnerships 

A special thank-you goes to the **Microsoft Experience Centre** and its staff for their tireless efforts in supporting our AI and Black History Month events. Their generosity and **collaboration** were instrumental in the success of these initiatives. 

## Financial Review 

## Income and Expenditure 

For the year ending 31 December 2024: 

- **Total Income:** £2,498.06 

- **Total Expenditure:** £1,633.81 

- **Surplus:** £864.25 

The charity’s finances remain stable, allowing us to deliver impactful programs while maintaining prudent financial management. 




## Reserves Policy 

The charity aims to maintain sufficient reserves to cover at least three months of operating costs. This ensures financial stability and the ability to continue our work in unforeseen circumstances. 

## Governance and Structure 

## Trustees 

Nzanobi Charity is managed by a dedicated team of trustees. No new trustees were recruited in 2024, but we remain committed to strengthening our governance as the charity grows. 

## Risk Management 

The trustees regularly review risks associated with the charity’s activities and operations. Key risks identified include: 

- **Funding sustainability:** Addressed through proactive fundraising efforts. 

- **Safeguarding:** Ensured by implementing robust policies and procedures. 

## Plans for the Future 

## 2025 Priorities 

In the coming year, Nzanobi Charity aims to: 

- Conduct a research project on the impact of menopause within the African and Afro-Caribbean communities. 

- Expand our educational programs to reach more beneficiaries. 

- Strengthen partnerships with local businesses and organizations. 

- Organize additional events promoting health, education, and cultural awareness. 

## Long-Term Vision 

Our vision is to empower and uplift African and Afro-Caribbean communities by providing opportunities for growth, education, and inclusion. By fostering unity and collaboration, we aim to create a sustainable impact for generations to come. 




## Declaration 

The trustees declare that they have approved this report. Signed on behalf of the charity’s trustees: 

## **Darlington Egbor** 


Chair of Trustees Date: 23/01/2025 






## **Nzanobi Charity Financial Accounts for the Year Ended 31 December 2024** 




## **Receipts and Payments Accounts** 

## **Receipts:** 

|**Receipts:**||
|---|---|
|||
|**Description**|**Amount (£)**|
|Donations and Grants|0|
|Fundraising Events|2,498.06|
|Miscellaneous Income|0|
|**Total Receipts**|2,498.06|



## **Payments:** 

|**Payments:**||
|---|---|
|||
|**Description**|**Amount (£)**|
|Event Costs (Menopause Event, AI Event, etc.)|300|
|Venue Hire|168.75|
|Marketing and Outreach|1,000|
|Volunteer Expenses|0|
|IT Cost (Software e-mail subscription)|165.06|
|Miscellaneous Costs|0|
|**Total Payments**|**1,633.81**|



**Net Receipts for the Year:** | **Net Surplus** | £864.25 | 




## **Statement of Assets and Liabilities as** 

## **at 31 December 2024** 

## **Assets:** 

|**Assets:**||
|---|---|
|||
|**Description**|**Amount (£)**|
|Cash at Bank and In Hand|864.25|
|Equipment (Laptops, projectors for events)|0 (fully<br>depreciated)|
|**Total Assets**|**864.25**|



## **Liabilities:** 

|**Liabilities:**||
|---|---|
|||
|**Description**|**Amount (£)**|
|Outstanding Payments (None)|0|
|**Total Liabilities**|**0**|



**Net Assets:** | **Net Assets** | £864.25 | 




## **Trustee Declaration** 

The above Receipts and Payments Accounts, along with the Statement of Assets and Liabilities, provide a true and fair view of the financial position of Nzanobi Charity as of 31 December 2024. 

Signed on behalf of the Trustees 


**Darlington Egbor** Chair of Trustees Date: 23/01/2025