ALAFIA CIO ## **Report of the trustees for the year ended August 15[th] 2024.** The trustees present their financial statements and annual report of the charity for the year ended August 15[th] 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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 published (FRS 102) (effective 1 January 2019). ## **Reference and administrative information** Charity Name: Alafia Charity Number: 1206566 ## **Structure, governance and management** The Charity is a registered CIO and is constituted under a trust deed dated January 16[th] 2024. ## **Trustees** Josephine Medoye Adeola Adewusi Modupe Odebunmi Abiola Awoyode. ## **Principal Office** 161 Sylvan Avenue Timperley Altrincham WA15 6AE. ## **Bankers** Metro Bank 45 Market Street. Manchester M1 1WR ## **Independent Examiners** : None appointed yet. ## **Appointment of trustees** The trustees are elected on an annual basis. ## **Trustee induction and training** Trustees’ induction is carried out both inhouse, by fellow trustees using existing documentation, and through external courses where possible and as needed. They We also have regular meetings for sharing knowledge and event planning. ## **Financial review** The trustees have reviewed the accounts and consider them to be satisfactory. ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ## **Principal funding source** : The main funding sources for the charity is through voluntary donations. ## **Investment powers and policy** The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in a current account. ## **Reserves policy and going concern** The balance held in unrestricted reserves at 15th August 2024 was nil. The trustees aim to maintain sufficient reserves to meet day to day expenditure. The Charity's main source of income is donations at the moment. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. ## **Risk management** The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. ## **Trustees’ responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to: - Select suitable accounting principles and then apply them consistently; - Observe the methods and principles in the applicable Charities SORP; - Make judgments and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; - Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ## ALAFIA CIO the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees and signed on their behalf by: Abiola Awoyode. Trustee. 6/7/25 ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO Account Reports Year ended August 15 2024. ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ## **Annual report 2024** ALAFIA **0** Period start date **For the period from** ## **Section A Receipts and payments** ## **Unrestricted funds** **Restricted funds** |**Receipts**|**to the nearest £**
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**-**|**to the nearest £**| |---|---|---| ||**35**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| |**Sub total**_(Gross income for AR)_|**35**|**0 -**| |||| |**A2 Asset and investment sales, (see table).**||| ||**-**|**-**| ||**-**|**-**| |**Sub total**|**0 -**|**-**| |**Total receipts**||| |||**0 -**| |||| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ||**-**|**-**| ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ||| |---|---| ||**-**| ||**-**| ||**-**| ||**-**| |**Sub total**|**0 -**| ||| ||| ||**-**| ||**-**| ||**-**| |**Net of receipts/(payments)**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**Cash funds this year end**|| |**Section B Statement of assets and liabilities at the end of the**
**period**|| |**Categories**
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**Other monetary assets**|| ||| ||| ||| ||| ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ## **Details** **B3 Investment assets** ## **Details** **Assets retained for the charity’s own use** ## **Details** **Liabilities- not applicable** Signed by one or two trustees on behalf of all the trustees ## Signature ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO ALAFIA is a charitable incorporated is set up for creating awareness of Mental Health difficulties in people of Black, Black British, Afro-Caribbean and African origin in 2024. ## **The Aims.** - Our mission is to help destigmatise mental health condition in people of black origin. - Promoting well- being in the community and to help bridge health inequalities. ## **The Objects are to: -.** - Promotions and training to address mental health awareness in these specific communities. - By making sure that care provided is culturally appropriate and sensitive to the needs of the communities. ## **Background** ALAFIA was set up in 2024, it is a Yoruba, West African( Nigerian) word for total wellbeing, being of sound mind and body. There is stigma associated with any form of mental illness and it prevents people from getting help, particularly in people of African heritage. There is evidence that people of black heritage are more likely to be misdiagnosed when accessing help for their mental illness leading to poor treatment outcomes. In 2024, Alafia successfully registered as a charity with the charity commission of England and Wales. The Charity is only in its first year of existence but it has started to organise and create awareness of Mental health challenges and difficulties in people of African descent. In July 2024, a webinar using Zoom was organised; titled: Mental Health and the Black Community- the Challenges in Treatment Pathways. This was delivered by trained healthcare professionals, consultant psychiatrist and Cognitive Behaviour therapists with an audience participation of over 40, which resulted in greater engagement, and stimulation of conversations around mental health in the Black community. The feedback we received from attendees was extremely positive. Alafia has also developed our website; www.alafia.org.uk. The website contains useful information to the communities we serve, with useful information pertaining to mental health and wellbeing. There also blogs on the website. ## **Plans for Future Periods** ALAFIA Annual Report for year January to August 2024. Charity number:1206566 ALAFIA CIO In addition to delivering our core activities as previously outlined from our mission and objectives, we shall also focus on the following plans for the future. Collaborative working with other charities working within the community like UCOMM in Manchester and also promoting wellbeing by organising webinars and face to face seminars in the year. ALAFIA Annual Report for year January to August 2024. Charity number:1206566