## **Trustees’ Annual Report for the period** **From 01/01/2025 Period start date To 31/12/2025 Period end date** ## **Charity name: MAKOKO PEARLS** ## **Charity registration number: 1206640** ## **Objectives and Activities** ||SORP ref|| |---|---|---| |Summary of the
purposes of the
charity as set out
in its governing
document|Para 1.17|The objects of the CIO are:
The Objects Of The Cio, Being For The Benefit Of The Inhabitants
Of Makoko In Lagos, Nigeria, Are As Follows:
(1) The Advancement Of Education By Providing Or Assisting In The
Provision Of Financial Aid, Learning Materials, And Support To
Local Schools, Ensuring Access To Quality Education For All
Children Irrespective Of Their Socioeconomic Background.
(2) The Relief Of Poverty By Initiating And Supporting Sustainable
Development Projects, The Provision Of Basic Needs And
Facilitating Access To Opportunities And Resources To Help Lift The
Community Out Of Poverty.
(3) The Preservation And Protection Of Good Health By Supporting
Local Healthcare Projects, Promoting Access To Clean Water And
Sanitation And Facilitating Health Education.
(4) To Develop The Capacity And Skills Of The Members Of The
Socially And Economically Disadvantaged Community Of Makoko In
Such A Way That They Are Better Able To Identify, And Help Meet,
Their Needs And To Participate More Fully In Society| |Summary
of
the
main
activities
in
relation
to
those
purposes
for
the
public
benefit,
in
particular,
the
activities, projects or
services identified in
the accounts.
Statement confirming
whether the trustees
have had regard to
the
guidance issued
by the Charity
Commission on
public benefit|
Para
1.19
Para
1.18|•
Assisting In The Provision Of Financial Aid, Learning
Materials, And Support To Local Schools
•
Promoting Access To Clean Water And Sanitation And
Facilitating Health Education.
The trustees have seen this guidance| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|
Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|Volunteers are welcome to donate to our
work but there is no necessity for them to do
so.| ## **Achievements and Performance** ||SORP
reference|| |---|---|---| |Summary of the
main achievements
of the charity,
identifying the
difference the
charity’s work has
made to the
circumstances of
its beneficiaries s
and any wider
benefits to society
as a whole.|Para 1.20|•
Raising awareness about Clean Water And Sanitation,
Good Health| ## **Additional information (optional)** |**dditional information(optional)**||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives set|Para 1.41|| ## **Financial Review** |Review
of
the
charity’s
financial position at the end o
the period
|Para 1.21
f|At the end of the period, the charity holds
**£1,989.00**in liquid funds, with a net cash flow
of £1,989.00 for the 12 month period.| |---|---|---| |Statement explaining the|Para 1.22|TheMAKOKO PEARLScurrently has no
Reserves policy:| |policy for holding reserves
stating why they are held||We do not maintain reserves
To meet operational expenditure.| |---|---|---| |Amount of reserves held|Para 1.22|**£0.00**| |Reasons for holding zero
reserves|Para 1.22|Not received enough cash inflows to
maintain reserves.| |Details of fund materially in
deficit|Para 1.24|NA| |Explanation
of
any
uncertainties about the charity
continuing as a going concern|

Para 1.23|NA| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal sources
of funds (including any
fundraising)|Para 1.47|The Charity’s primary source of funds is
Charity's principal funds sources comes from
general donations driven through fundraising| |---|---|---| |Investment
policy
and
objectives including any social
investment policy adopted|

Para 1.46|NA| |A description of the principal
risks facing the charity|Para 1.46|At this point there are no obvious risks as
we have reserves enough to cover
Several years and expect significant
donations throughout the next year.| |Other||| ## **Structure, Governance and Management** |Description of charity’s trusts:||NA| |---|---|---| |Type of governing document|Para 1.25|**Constitution**| |How is the charity constituted?|Para 1.25|**CIO**| |---|---|---| |Trustee selection methods
including
details
of
any
constitutional provisions.|Para 1.25|**Elected by Trustees**| ## **Additional information (optional)** |Policies
and
procedures
adopted for the induction and
training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|MAKOKO PEARLS| |---|---| |Other name the charity uses|| ||| |Registered charity number|1206640| |Charity’s principal address|31B WALTERTON ROAD, London, W9 3PE| ## **Names of the charity trustees who manage the charity** |Trustee name|**Office (if any)**|**Dates acted if not**
**for whole year**|
**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---| |Chioma Anwuli Okereke|Chair of Trustees||| |Chika Okereke|Trustee||| |Martin Shillo|Trustee||| |---|---|---|---| |Abderrazak Berrada|Trustee||| ## **Corporate trustees – names of the directors at the date the report was approved** |**Director name**|**Company Name**|| |---|---|---| |||| |||| |**Name of trustees holding title toproperty belonging to the charity**||| |**Trustee name**|**Dates acted if not for whole year**|| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Annual Accounts MAKOKO PEARLS 1206640 Receipts and payments accounts CC16a For tho pafio Signature
Signature
Name Chioma Anwuli Okereke
Position Chair of Trustees
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