**Charity number: 1204599** ## **FREEDOM INTERCESSORS INTERNATIONAL** **(Charity Incorporated Organisation)** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **CONTENTS** ||Page| |---|---| |**Reference and administrative details of the Charity, its Trustees and advisers**|1| |**Trustees' report**|2 - 3| |**Independent examiner's report**|4| |**Statement of financial activities**|5| |**Balance sheet**|6| |**Notes to the financial statements**|7 - 11| **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 30 NOVEMBER 2024** |**Trustees**|Peter Akpaka, Chair| |---|---| ||Chikaodi Christpina Ekwowunne, Trustee| ||Charles Ajuzie, Trustee| **Charity registered number** 1204599 **Registered office** Flat 23 Aster Court Woodmill Road London E5 9GB Page 1 **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **TRUSTEES' REPORT FOR THE PERIOD ENDED 30 NOVEMBER 2024** The Trustees present their annual report together with the financial statements of the FREEDOM INTERCESSORS INTERNATIONAL for the period 5 September 2023 to 30 November 2024. The annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Charity qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted. ## **Objectives and activities** ## **a. Policies and objectives** In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **Achievements and performance** ## **Financial review** ## **a. Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## **Structure, governance and management** ## **a. Constitution** FREEDOM INTERCESSORS INTERNATIONAL is registered as a charitable company limited by guarantee and was set up by a Trust deed. ## **b. Methods of appointment or election of Trustees** The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Page 2 ## **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **Statement of Trustees' responsibilities** The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial period. 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by: Date: 17 October 2025 Page 3 ## **FREEDOM INTERCESSORS INTERNATIONAL** **(Charity Incorporated Organisation)** ## **INDEPENDENT EXAMINER'S REPORT FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **Independent examiner's report to the Trustees of FREEDOM INTERCESSORS INTERNATIONAL ('the Charity')** We report to the charity Trustees on our examination of the accounts of the Charity for the period ended 30 November 2024. ## **Responsibilities and basis of report** As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied ourselves that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out our examination we have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe: 1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for our work or for this report. Signed: Dated: 17 October 2025 Page 4 **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD ENDED 30 NOVEMBER 2024** |**Note**
**Income from:**
Donations and legacies
2
**Total income**
**Expenditure on:**
Charitable activities
3
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
**35,734**
**35,734**
**29,965**
**29,965**
**5,769**
**5,769**
**5,769**|**Total**
**funds**
**2024**
**£**
**35,734**| |---|---|---| |||**35,734**| |||**29,965**| |||**29,965**| |||**5,769**| |||**5,769**| |||**5,769**| The Statement of financial activities includes all gains and losses recognised in the period. The notes on pages 7 to 11 form part of these financial statements. Page 5 ## **FREEDOM INTERCESSORS INTERNATIONAL** ## **(Charity Incorporated Organisation) REGISTERED NUMBER:** ## **BALANCE SHEET AS AT 30 NOVEMBER 2024** |**Note**
**Fixed assets**
**Current assets**
Debtors
6
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one year
7
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Restricted funds
8
Unrestricted funds
8
**Total funds**|**6,126**
**143**
**6,269**
**(500)**|**2024**
**£**| |---|---|---| |||**-**
**5,769**| |||**5,769**| |||**5,769**| |||| |||**5,769**| |||**-**
**5,769**| |||| |||**5,769**| The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: ## Date: 17 October 2025 The notes on pages 7 to 11 form part of these financial statements. Page 6 **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **1. Accounting policies** ## **1.1 Basis of preparation of financial statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. FREEDOM INTERCESSORS INTERNATIONAL meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **1.2 Income** All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. ## **1.3 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **1.4 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **1.5 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 7 **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **1. Accounting policies (continued)** ## **1.6 Liabilities and provisions** Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. ## **1.7 Financial instruments** The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## **1.8 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. ## **2. Income from donations and legacies** |Donations
Grants|**Unrestricted**
**funds**
**2024**
**£**
3,606
32,128
35,734|**Total**
**funds**
**2024**
**£**
**3,606**
**32,128**| |---|---|---| |||**35,734**| ## **3. Analysis of expenditure on charitable activities** ## **Summary by fund type** ||**Unrestricted**|| |---|---|---| ||**funds**|**Total**| ||**2024**|**2024**| ||**£**|**£**| |Charitable activities costs|29,965|**29,965**| Page 8 ## **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **3. Analysis of expenditure on charitable activities (continued)** ## **Summary by fund type (continued)** ## **4. Analysis of expenditure by activities** ||**Activities**|| |---|---|---| ||**undertaken**|**Total**| ||**directly**|**funds**| ||**2024**|**2024**| ||**£**|**£**| |Charitable activities costs|29,965|**29,965**| ## **Analysis of direct costs** |RENT/FACILITY HIRE
PUBLICITY
PROJECT COORDINATOR
INSURANCE
WEBSITE COST
ZUMBA TEACHER
REFRESHMENT/BEAVERAGES
FOOTBALL COACHES
VOLUNTEER COST
EQUIPMENTS
COACH HIRE/SEASIDE TRIPS
LEGAL & PROFESSIONAL FEES
**Total 2024**|**Charitable**
**activities**
**costs**
**2024**
**£**
11,434
840
3,988
233
252
1,380
2,038
2,500
1,800
2,200
2,400
900
29,965|**Total**
**funds**
**2024**
**£**
**11,434**
**840**
**3,988**
**233**
**252**
**1,380**
**2,038**
**2,500**
**1,800**
**2,200**
**2,400**
**900**| |---|---|---| |||**29,965**| ## **5. Trustees' remuneration and expenses** During the period, no Trustees received any remuneration or other benefits. Page 9 ## **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **5. Trustees' remuneration and expenses (continued)** During the period ended 30 November 2024, no Trustee expenses have been incurred. |**6.**
**Debtors**
**Due within one year**
Prepayments and accrued income|**2024**
**£**
**6,126**| |---|---| ||| ||**6,126**| ## **7. Creditors: Amounts falling due within one year** ||**2024**| |---|---| ||**£**| |Accruals and deferred income|**500**| Page 10 **FREEDOM INTERCESSORS INTERNATIONAL (Charity Incorporated Organisation)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024** ## **8. Statement of funds Statement of funds - current period** |**Unrestricted funds**
General Funds - all funds
**9.**
**Summary of funds**
**Summary of funds - current period**
General funds
**10.**
**Analysis of net assets between funds**
**Analysis of net assets between funds - current period**
Current assets
Creditors due within one year
**Total**|**Income**
**£**
**35,734**
**Income**
**£**
**35,734**|**Expenditure**
**£**
**(29,965)**
**Expenditure**
**£**
**(29,965)**
**Unrestricted**
**funds**
**2024**
**£**
6,269
(500)
5,769||**Balance at**
**30**
**November**
**2024**
**£**
**5,769**
**Balance at**
**30**
**November**
**2024**
**£**
**5,769**
**Total**
**funds**
**2024**
**£**
**6,269**
**(500)**
**5,769**| |---|---|---|---|---| |||||| |||||| Page 11