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2024-12-31-accounts

Trustees’ Annual Report

For the year ended 31 December 2024

BONOMAN UNION OF GREATER MANCHESTER

Charity Number : 1205580

Introduction

The Trustees of BONOMAN UNION OF GREATER MANCHESTER present their annual report together with the financial statements for the year ended 31 DECEMBER 2024. This report has been prepared in accordance with the Charities Act and sets out the work, achievements, and stewardship of resources during the year.

Objectives and Activities

The Charity exists to:

The Trustees have had due regard to the Charity Commission’s guidance on public benefit and confirm that the activities of Bonoman Union of Greater Manchester are carried out in line with these objectives.

Achievements and Performance

  1. We honoured an invitation on the 24th December 2023 from the Ampem Darkoa Ladies FC in to help restore their burnt clubhouse. We donated in cash to help promote women football in general.

  2. On the 25th May 2024, we attended the GUGM Independence Exhibition and donated a cash amount towards their establishment. This exhibition was to promote Ghanaian culture, identity and businesses in the diaspora.

  3. All Members of the Bonoman Union of Greater Manchester attended and donated a cash amount towards the Baby Christening ceremony of one of the members on the 15th September 2024.

4. On 31st August 2024, we attended the funeral of the mother of one of our members and extended our support to the bereaved family through a cash donation, expressing our heartfelt condolences.

Governance and Management

The Union is governed by a Board of Trustees, who are responsible for strategic oversight, financial management, safeguarding, and compliance with legal obligations. Trustees meet regularly to review progress, evaluate risks, and ensure accountability.

Safeguarding policies are in place for children and vulnerable adults, with regular training for volunteers and leaders.

Financial Review

A full financial statement is attached to this report.

Future Plans

Looking ahead, the Union seeks to:

Acknowledgements

The Trustees express gratitude to:

Signed on behalf of the Trustees

Sign: Francis Kwaku Addo Korsah

Name: Mr. Francis Kwaku Addo Korsah

Position: Chairman of Bonoman Union of Greater Manchester

Date: 24[th] October 2025

INDEPENDENT EXAMINER'S REPORT TO BONOMAN UNION OF GREATER MANCHESTER

CHARITY REG. NO. 1205 580

I report on the accounts of the trust for the period ended 31 December 2024 which are set out on pages 2 to 4

Respective responsibilities of Trustees and examiner

As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items or disclosures in the accounts ,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, and consequently we do not express an audit opinion on the accounts.

Independent examiner's statement

In connection my examination, no matter has come to my attention.

2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Geoffrey K Donkor ( Bcom., FCCA) ROKNOD Accountants Chartered Certified Accountants Office No.1 City View Offices 99 Long Street Manchester M24 6UN

I report on the accounts of the trust for the period ended 31 December 2024 which are

RECEITPS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

Charity Registration Number 1205 580

BONOMAN UNION OF GREATER MANCHESTER

REFERENCE AND ADMINISTRATIVE DETAILS

I report on the accounts of the trust for the period ended 31 December 2024 which are CHARITY REGISTRATION NO.: 1205 580 PRINCIPAL ADDRESS: 13 WALTER STREET ABBEY HEY MANCHESTER M18 8SW GOVERNING DOCUMENT: CONSTITUTION BANK: LLOYDS BANK VICTORIA (309950) Francis Kwaku Addo Korsah (Chair) TRUSTEES: Antwiwaa Ivy Abrefa Grace Gyamea George Kwayie Victoria Collins Brown INDEPENDENT EXAMINERS: Geoffrey K Donkor ( Bcom., FCCA) ROKNOD Accountants Chartered Certified Accountants Office No.1 City View Offices 99 Long Street Manchester M24 6UN

1

ort on the accounts of the trust for the period ended 31 December 2024 which RECEIPTS AND PAYMENTS ACCOUNTS

FOR THE PERIOD FROM 6 NOVEMBER 2023 TO 31 DECEMBER 2024

I report onCHARITY NO. 118 1427
Unrestricted Total
Funds 2023
INCOMING RESOURCES
Donations, and other Voluntary contributions 9,175 9,175
TOTAL INCOMING RESOURCES 9,175 9,175
RESOURCES EXPENDED
Hall Rental fees 1,000 1,000
Charitable Donations 820 820
Printing & Stationery 258 258
Anniversary & Cultural Costs 3,260 3,260
Accountanct & Independent Examination 700 700
TOTAL RESOURCES EXPENDED 6,038 6,038
NET RECEIPTS 3,137 3,137
CASH FUNDS Brought forward 8,980 8,980
PETTY CASH -
Cash Funds Carried Forward 12,117 12,117

Sign: ________

Francis Kwaku Addo Korsah (Chair)

(Trustee Chairman)

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BONOMAN UNION OF GREATER MANCHESTER

STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2024

I report on the accounts of the trust for the period ended 31 December 2024 which are

CASH FUNDS
Lloyds Bank
LIABILITIES
Independent Examiner
NET WORTH
2024
£
12,117
12,117
700
700
11,417

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BONOMAN UNION OF GREATER MANCHESTER

NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

I report on the accounts of the trust for the period ended 31 December 2024 which are

1 BASIS OF ACCOUNTING

These accounts have been prepared on a receipts and payments basis in accordance with the charities Act 2011 and Charities SORP 2005

2 CHANGE IN BASIS OF ACCOUNTING

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year

3 PAYMENTS TO TRUSTEES

The Trustees received no remuneration, direct or indirect benefits from the charity

Out of pocket expenses in respect of Charity expenses are refunded to Trustees and members

4 FUNDS

The Charity has no Restricted Funds

5 GOING CONCERN

The financial statements have been prepared on a going concern basis. The Charity's ongoing activities are dependent upon the continued support of the Trustees and the Members who have undertaken to provide such support for the forseeable future.

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BONOMAN UNION OF GREATER MANCHESTER

Note 2 ACCOUNTING POLICIES

I report on the accounts of the trust for the period ended 31 December 2024 which are

INCOMING RESOURCES

Recognition of incoming resources

These are included in the Statement of Financial Activities (SOFA) when:

the Charity becomes entitled to the resources;

the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as gross in the SOFA

Grants and donations

Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resources.

Tax reclaims on donations and gifts

Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual income and performance related grants

This is only included in the sofa once the related goods or services have been delivered

Gifts in kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised..

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.

Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivale.

Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material.

The value placed on these resources is the estimated value to the charity of the service or facility received

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report

Investment income

This is included in the accounts when receivable

Investment gains and losses

This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

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BONOMAN UNION OF GREATER MANCHESTER

EXPENDITURE AND LIABILITIES

I report on the accounts of the trust for the period ended 31 December 2024 which are

Liability recognition

Liabilities are recognised as soon as there is a legal construstive obligation committing the charity to pay out resources

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and costs of any legal advice to trustees on governance or constitutional matters. They also include Premises costs, made up of Rent Lighting and Heating, Administrative costs including Telephone and internet, postage and stationery, as well as Travel and other Volunteers expenses

Grant with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.

Grants payable without performance condition

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg alocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

ASSETS

Tangible fixed assets for use by the Charity

These are capitalised if they can be used for more than one year, and cost at least £500.They are valued at cost or a reasonable value on receipt.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.

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