JASEGO INITIATIVE Report and Financial Account for Year Ended 31st Jan 2023 Charity number: 1205686
The Trustees are pleased to present their report together with the financial account of the charity for the year ending 31 October 2025.
Reference and administrative details:
JASEGO INITIATIVE Registered Office 25 KIRCHEN ROAD WEST EALING LONDON W13 0TY Charity Number
1205686
Company Number:
12934406
Bankers:
Revolut
Directors and Trustees
The directors of the charity are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.
Structure, Governance and Management
Governing Document
JASEGO INITIATIVE is registered as a charity with the Charity Commission with a constitution adopted on the 30 September 2024.
Anyone over the age of 18 can become a member of the Charity.
Organisation
The Trustees administer the charity.
Objectives and activities
The object of the charity is:
TO ACT AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 25 LIVING IN HOUNSLOW AND THE SURROUNDING AREAS BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES AS A MEANS OF: A. ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS B. ADVANCING EDUCATION C. RELIEVING UNEMPLOYMENT D.
PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING IN THE AREA TO BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS. TO PREVENT OR RELIEVE POVERTY OR FINANCIAL HARDSHIP AMONGST PEOPLE OF RETIREMENT AGE IN HOUNSLOW AND THE SURROUNDING AREAS BY PROVIDING EDUCATION IN AND ADVICE AROUND RETIREMENT PLANNING INCLUDING TAX AND GENERAL PENSION ADVICE TO THOSE WHO COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS.
The main goals for the year were:
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Establish new branches of JASEGO INITIATIVE in other Boroughs.
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Establish JASEGO INITIATIVE in other African Countries.
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Review the constitution of JASEGO INITIATIVE in view of the expanding work in Africa and the United States of America.
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Train and commission new leaders in Africa.
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Organise events and meetings focused on helping the most vulnerable, teaching and education.
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Offer moral, ethical, material, technical and professional support for members to promote the mission and vision of Jasego Initiative.
How we accomplished the goals
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We worked on our governance documents, specifically, our constitution and our strategic and operational framework.
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We reviewed our five-year developmental plan, responding to the impact of Covid-19 and stabilizing the changes and measures we took to safeguard our vision and mission.
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• We trained and ordained 12 new volunteers and 8 new members for our Team in Brent
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We strengthened our networks through regular virtual meetings on Zoom.
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We strengthened the ease and security of our online store and Paypal centre.
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We improved interactive engagement with our online visitors on our corporate website.
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We successfully carried out all our 2024 schedule of events and meetings focused on helping the needy, teaching and education.
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We offered moral, ethical, material, technical and professional support for members and groups to promote the work, where applicable.
Major areas of activity were:
There are four main areas of activity undertaken by JASEGO INITIATIVE in any year: 1. The expansion of our work:
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Community meetings
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Club website
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Advertising Flyers
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Annual conferences
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Community outreach
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Celebratory events on the Black History
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Networking with other Charities
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Social and care for members through:
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Home visits
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Welfare support
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Advice, counseling & training
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Community development work & organizational support through:
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Support for charity and non- charity-based organizations
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Support for vulnerable individuals
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Ecumenical and charitable activities. In particular, active role in:
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London Borough of Brent
Financial Review
The Charity is reliant on the voluntary donations of its members and the public.
Investment powers and policy
Under the Memorandum and Articles of Association, the charity has the power to invest in any way the Trustees wish.
Reflections and Plans for future periods
Our five-year developmental plan is focused on acquiring land and developing a mission centre in Wembley by 2027. We have reviewed our target dates for opening new branches in Africa in 2030.
Approved by the Trustees on 31 October 2025and signed on their behalf by:
Peter Osongo (Chair)
Statement of Financial Activities from 1st Jan 2022 to 31[st] Jan 2023
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Income | Funds | 31.10.24 | |
| 31.10.25 | ||||
| Incoming | ||||
| Voluntary income | 1,517,331.60 | 0 | 0 | 263,551 |
| Activities for generating funds | 0 | 0 | 0 | 1,883 |
| Investment income | 0 | 0 | 0 | 0 |
| Incoming resources from charitable activities | 0 | 0 | 0 | 9,396 |
| Gift Aid | 181395 | 0 | 0 | 0 |
| Total Incoming Resources | 1,698,725.75 | 0 | 0 | 274,830 |
| Resources Expended | 0 | 0 | 0 | |
| Cost of generating voluntary income | 3,000 | - | 0 | 3000 |
| Fundraising trading costs | 0 | 0 | 0 | 0 |
| Investment management costs | 0 | 0 | 0 | 0 |
| Charitable activities | 1,602,000 | 0 | 0 | 163,231 |
| Governance costs | 3,436.75 | 0 | 0 | 4,000 |
| Other resources expended | 0 | 0 | 0 | 0 |
| Total Resources Expended | 1603736.75 | 0 | 0 | 163,231 |
| Net Incoming/Outgoing Resources Before Transfer | 94,989 | 0 | 0 | 111,599 |
| Transfers | 0 | 0 | 0 | |
| Gross transfers between funds | 0 | 0 | 0 | 0 |
| Net incoming resources before other recognised | ||||
| gains/losses | 94,989 | 0 | 0 | 111,599 |
| Other recognised gains/losses | 0 | 0 | 0 | |
| Gains and losses on revaluation of fixed assets for the | ||||
| Total funds brought forward | 112,233 | 0 | 0 | 634 |
| Gains and losses on investment assets | 0 | 0 | 0 | 0 |
| Net Movement in Funds | 207,222 | 0 | 0 | 112,233 |
| Total funds carried forward | 207,222 | 0 | 0 | 112,233 |
Approved by the Trustees on 31 October 2025and signed on their behalf by:
Peter Osongo (Chair)
JASEGO INITIATIVE
Charity Registration Number 1205686 Statement of Financial Activities from 1st January 22 to 31 October 2025
| Unrestricted | Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|---|
| Funds | Income | Funds | 31.10.2025 | 31.10.2024 | ||
| Funds | ||||||
| Fixed assets | ||||||
| Tangible assets | 4,000 | 0 | 0 | 4,000 | 5,000 | |
| 0 | 0 | 0 | 0 | 0 | ||
| Investments | 0 | 0 | 0 | 0 | 0 | |
| Total fixed assets | 4,000 | 0 | 0 | 4,000 | 5,000 | |
| Current assets | ||||||
| Stock and work in progress | 0 | 0 | 0 | 0 | 0 | |
| Debtors | 0 | 0 | 0 | 0 | 0 | |
| (Short term) investments | 0 | 0 | 0 | 0 | 0 | |
| Cash at bank and in hand | 94,989 | 0 | 0 | 94,989 | 2,500 | |
| Total current assets | 94,989 | 0 | 0 | 94,989 | 2,500 | |
| Creditors: amounts falling | 0 | 0 | 0 | 0 | 0 | |
| due within one year | ||||||
| Net current assets/(liabilities) | ||||||
| 94,989 | 0 | 0 | 94,989 | 2,500 | ||
| Creditors: amounts falling | 0 | 0 | 0 | 0 | 0 | |
| due after one year | ||||||
| Provisions for liabilities | 0 | 0 | 0 | 0 | 0 | |
| and charges | ||||||
| Net assets | 207,222 | 0 | 0 | 207,222 | 7,500 | |
| Funds of the charity | ||||||
| General fund | 207,222 | 0 | 0 | 207,222 | 7,500 | |
| Designated funds | 0 | 0 | 0 | 0 | 0 | |
| Restricted income funds | 0 | 0 | 0 | 0 | 0 | |
| Endowment funds | 0 | 0 | 0 | 0 | 0 | |
| Total funds | 207,222 | 0 | 0 | 207,222 | 7,500 |
Approved by the Trustees on 31 October 2025and signed on their behalf by:
Peter Osongo (Chair)
JASEGO INITIATIVE
Charity Registration Number 1205686 Statement of Financial Activities from 1st January 22 to 31 October 2025
BALANCE SHEET - Y/E 31 October 2025 Trustees’ responsibilities in relation to the financial statements
Charity law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year.
In accordance with charity law, as the charity’s trustees, we certify that as the trustees of the charity we have taken all the steps that we ought to have taken in order to give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year.
We confirm that:
(a) For the year ended 31 October 2025, the Charity was entitled to exemption undersection 477(2) of the Companies Act 2006.
(b) The members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
(c) The Trustees acknowledge their responsibility for:
i. Ensuring the charity keeps accounting records which comply with section 386; and
ii. Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies’ regime.
Approved by the Trustees on 31 October 2025 and signed on their behalf by:
Signature
Peter Osongo (Chair)
31 /10/2025