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2025-05-31-accounts

OUR LADY OF APOSTLES MARY WAY IBADAN OLD STUDENT ASSOSIATION

OLAMIOSA UK CHARITY NO: 1205297

RECEIPTS AND PAYMENTS ACCOUNT FROM JUNE 2024 – MAY 2025

MONTH/YEAR OUT (£) IN (£) NET FOR THE MONTH (£)
OPENING BALANCE AS
AT 31ST MAY 2024
1,346.00
JUN-24 - - -
JUL-24 100 84 (16)
AUG-24 - 584 584
SEPT-24 - 2,270 2,270
OCT-24 6,012.50 4,305 (1,707.50)
NOV-24 - 120 120
DEC-24 3,500 2,425.59 1,074.41
JAN-25 - 170 170
FEB-25 295 1,170 875
MAR-25 215.71 385 169.29
APR-25 1,120.00 187 (933)
MAY-25 - 45 45
CLOSING BALANCE AS
AT 31ST MAY 2025
1,848.39

Statement of accounting position as at 31.05.2025 and prepared by the treasurer: -

Olayinka Olubukola Oluwi FCA MSC MAAT

OLAMIOSA UK CHARITY TRUSTEE’S REPORT FOR FINANCIAL/2025

MISSION AND CORE VALUES

Our alumni charity was established for empowering students of Our Lady of Apostles, Maryway Odo-Ona Ibadan in Oyo State Nigeria to develop functional and useable IT skills in alignment with global demand of technology in External Examinations.

MEMBERSHIP

34 Members including 10 Trustees

EXECUTIVE MEMBERS

There 8 active members in charge of running the charity for stated Financial Period

REPORTING LINE

Executive members report to Trustees for proper accountability purposes

MEETINGS

6 meetings in this financial year took place, 3 physicals in different locations in UK and 3 virtual meetings.

SOURCE OF FUNDING FOR THE FINANCIAL YEAR

Active Members paid their annual dues and voluntary contributions on top, financial year fund raising was done in October of 2024 with aim to procuring desktops and laptops for the students.

WEBSITE

OLAMIOSA.ORG

CHARITY SIZE

In accordance with Charity Commission, it is a charity that makes below the £10,000 threshold annually.

If there are areas for more clarification, our website holds and provides vital information on all our activities.

Thank you