Registered Charity Number: 1206623
Trustees’ Annual Report and Accounts for the Year Ended 31[st] December 2024
Trustees’ Annual Report
Charity Objectives
ACE Education exists to equip teachers with relevant soft skills, 21st-century teaching methods, and multilingual pedagogy through our Knowledge Exchange Program.
Our primary aims include:
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Empowering educators through continuous professional development.
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Promoting innovation and inclusion in education.
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Facilitating global knowledge exchange in multilingual teaching practices.
Activities and Achievements (2024)
In the financial year ending 31[st] December 2024, ACE Education did not carry out any financial transactions or program delivery. The year was spent in the planning and structuring phase, including registration, governance setup, and building future project frameworks.
Financial Review
No income or expenditure was recorded for the period. The charity held no bank balance at the beginning or end of the financial year. All financial activities are expected to commence in the 2025 financial year as part of the launch and fundraising program.
Reserves Policy
As of 31[st] December 2024, the charity does not hold any reserves. A reserves policy will be adopted when income generation begins.
Structure, Governance and Management
ACE Education is governed by a board of trustees under its governing constitution dated 19[th] December 2023. The trustees are responsible for ensuring compliance, overseeing strategic planning, and safeguarding assets.
Trustees Serving During the Year:
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Kiki James
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Adelowo Adeoye
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Robert Aransiola
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Margaret Ebubedike
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Maria Oke
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Hawa Omideyi
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Tosin Durosinmi-Etti
Trustee Declaration
This report and accounts were approved by the board on 31[st] December 2024 and signed on their behalf by:
Name: Kiki James Position: Chair of Trustees Date: 31[st] December 2024
Receipts and Payments Account for the Year Ended 31 December 2024
| Receipts | 2024 (£) | 2023 (£) |
|---|---|---|
| Donations & Grants | 0.00 | 0.00 |
| Bank Interest | 0.00 | 0.00 |
| Other Income | 0.00 | 0.00 |
| Total Receipts | 0.00 | 0.00 |
| Payments | 2024 (£) | 2023 (£) |
|---|---|---|
| Project Costs | 0.00 | 0.00 |
| Administrative Costs | 0.00 | 0.00 |
| Other Expenses | 0.00 | 0.00 |
| Total Payments | 0.00 | 0.00 |
Net Movement in Funds: £0.00
Cash Funds at Start of Year: £0.00
Cash Funds at End of Year: £0.00
Statement of Assets and Liabilities as at 31 December 2024
| Assets | £ |
|---|---|
| Cash at Bank | 0.00 |
| Other Assets | 0.00 |
| Total Assets | 0.00 |
Liabilities: None
Unrestricted Funds: £0.00
Restricted Funds: £0.00