Charity name: PEA Foundation (Charity incorporated Organization) Registered No1204318 Reg date 10 August 2023 Address 18, Sylvan Hill, Upper Norwood, London, SE19 2QE Phone +44779927205 Contact contact@pea-foundation.org
## **TRUSTEE MEMBER**
1. Ivie Ikediashi CEO (Founder) Trustee
2. Ann Okojie (Financial Director) Trustee
3. Obbor Kenneth Egho (IT Director) Trustee
4. Alfred Osawe (Fund raising Director) Trustee
5. Past Agbonmen Odeh (Welfare Director) Trustee
6. Dr Hilda Eshieshi Trustee
7. Dr Sheri Johnson Trustee
8. Osahon Svedberg Trustee
9. Deborah Flourish Trustee
10. Sarah Ikediashi Trustee
## **STRUCTURE AND DETAILS OF HOW THE FOUNDATION RECRUITS TRUSTEE AND HOW IS BEING MANAGED**
The Trustees hold monthly online meetings where issues are discussed, agreed and minutes are taken.
**Ivie Ikediashi Chairman CEO,** receives reports from all head of departments of the foundation.
**Ann Okojie (Finance Director)** supervises the financial activities of the foundation
**Obbor Kenneth Egho (Information Technology** ) manages and ensures all required information as regards the foundation is updated on the website of the foundation for public use.
**Agbonmen Odeh (Welfare Director)** oversees the general distribution of grants to the direct beneficiaries.
**Alfred Osawe (Fund raising Director)** administers how funds are being sourced for the foundation.
**Other Trustee members** administer in the general operation of the foundation in various levels of professionalism.
**TRUSTEES** were recruited base on the individual professionalism. None of the Trustees receives salary, wages or incentives presently.
## **OBJECTIVES AND ACTIVITIES OF THE FOUNDATION**
Our main objective is to prevent or relief poverty among;
- A Children from ages 0year – 16years
- B Young people
- C Women
- D Destitute
- E Extreme indigene Families
The foundation aims to provide semi-skill professional based training (Such as brick layering, carpentry, tailoring, hair dressing, basic IT skills etc.) for the less privilege, youth, leading to being self-employed and self-sufficient.
We are committed to reducing the poverty rate in villages and under developed towns through skill acquisitions and empowerment programs thereby promoting decent work and economic growth from rural to the urban settlement leading to sustainable impacts.
## **ACHIEVEMENTS AND PERFORMANCE OF THE FOUNDATION**
- A The foundation makes grants to individuals.
- B The foundation gives grants to organizations.
- C Aside grants, the foundation provided services to individuals and organizations.
- D Provisions of advocacy, advice and information to people, this enabled them had free professional advice from the foundation which eventually assisted them improve their outputs.
FINANCIAL REVIEW AND ANY FUND HELD AS A CUSTODIAN TRUSTEE
- A The foundation was a newly registered charity organization (10-August-2023) with purpose of preventing and relieving less privilege people from poverty in various ways at her capacity. Financial activities for the first year were minimal, but the foundation plans to expand the financial activities by next financial year.
- B No fund was held by any of the trustee as the available fund at the end of the financial year is being held by Unity trust bank PO Box7193, Planetary Road, Wille hall WV1 9DG with account number 20499866.
## **GENERAL REPORT**
PEA foundation (CIO) is a registered charity foundation with the Charity Commission UK with registration number 1204318 on 10-AUGUST-2023.
The foundation presently has 10-member Trustees who are responsible for the effective management and administration of the foundation.
The foundation whose office is situated in 18 Sylvan Hill, Upper Norwood, London SE19 2QE is being chaired by Mrs. Ivie Ehinor IKEDIASHI. The foundation was formed and registered with the purpose of reliving and preventing poverty among less privilege people.
As a newly registered foundation we aim to focus on children, women, young people and destitute in making grants available for them. Though, the foundation’s financial activities are minimal presently, we have determined to expand and increase grants to the beneficiaries through sourcing for more funds by the trustees.
A bank account has been opened with Unity trust bank account with a closing balance of 643pounds.
||**PEA FOUNDATION CIO**
**18 SYLVAN HILL UPPER NORWOOD, LONDON SE19 2QE**|**PEA FOUNDATION CIO**
**18 SYLVAN HILL UPPER NORWOOD, LONDON SE19 2QE**|**PEA FOUNDATION CIO**
**18 SYLVAN HILL UPPER NORWOOD, LONDON SE19 2QE**|**1204318**|
|---|---|---|---|---|
||**Receipts and**||||
||**For the period**
**from**|10-Aug-23|**To**|31-Jul-24|
||||||
|**Section A Receipts and payments**|||||
|**A1 Receipts**
IVIE IKEDIASHI
**230**
CHARITY TRUST
**400**
S OMORUYI
**20**
DANFORT LIMITED
**60**
**-**
**-**
**-**
**-**
**710**
**CREDIT INTEREST(BANK)**
**3**
**-**
**_Sub total_ 3**
**_Total receipts_ 713**
**A3 Payments**
TRANSFER 20499853
**20**
TRANSFER 20499853
**50**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 70**
**NIL**
NIL
**-**
**_Sub total_ -**
**_Total payments_ 70**
**_Net of receipts/(payments)_ 643**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**_Cash funds this year end_ 643**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**||**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**|**Endowment funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**230**
**400**
**20**
**60**
**-**
**-**
**-**
**-**
**710**
**3**
**-**
**3**
**713**
**20**
**50**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**70**
**-**
**-**
**-**
**70**
**643**
**-**
**-**
**643**|
||||**-**|**230**|
||||**-**|**400**|
||||**-**|**20**|
||||**-**|**60**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**710**|
||||||
||||**-**|**3**|
||||**-**|**-**|
||||**-**|**3**|
||||||
||||**-**|**713**|
||||||
||||**-**|**20**|
||||**-**|**50**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**70**|
||||||
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||||
||||**-**|**70**|
||||||
|||**-**|**-**|**643**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**643**|
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
CASH AT BANK
**Details**
NIL
NIL
NIL
NIL
NIL
NIL
**Details**
NIL
NIL
NIL
NIL
NIL
**Details**
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
**Details**
BALANNCE AT BANK
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**Unrestricted funds**
**to nearest £**
**643**
**-**
**-**
**643**
OK
**Unrestricted funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset belongs**
**Fund to which asset belongs**
**Fund to which liability relates**
643
Print Name|**to nearest £**
**Restricted**
**funds**|
|---|---|---|---|
|||||
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**to nearest £**
**Restricted**
**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Cost (optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Cost (optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Amount due**
**(optional)**|
|||||
||||**-**|
||||**-**|
||||**-**|
||||**-**|
|||||
|||Ivie ikediashi||
|||||
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CC16a
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Last year
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## **to the nearest £**
**-**
**-**
**-**
**-**
**Endowment funds to nearest £ - - -**
**----- Start of picture text -----**
OK
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**Endowment funds to nearest £ - - - - - -**
**Current value (optional) - - - - -**
**Current value (optional)**
**-**
**When due (optional)**
Date of approval 3/7/2025