Charity registration number.. 1206849 OB LULU-BRIGGS FOUNDATION TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 2 FEBRUARY 2024 TO 31 MARCH 2025 Zenith Accounting & Buslness Solutlons Ltd Certified Accountant5 DFO Consulting Churchill House 120 Bunns Lane London NW7 2AS
OB Lulu-Briggs Foundatlon Contents Page Trustees, Report Accountant'5 Report Dormant statement of Financial Activities Statement of Financial Position Notes to the Financial Statements
OB Lulu-Briggs Foundation Trustees, Report For the Period 2 February 2024 to 31 March 2025 The trustees present their report and the financial statements for the period ended 31 March 2025. Objectives and Activities Alms and ObJectlve$ The charity's objects are the prevention or relief of poverty or flnanclal hardship, partlcularly wlthln Africa, by providlng or assisting in the provision of education, trainingi healthcare, water and sanitation initiatives, and other forms of support Intended to enable Individuals and communities to become self-sufficient. The charity Is established to operate Internationally, Including in Nigeria, Whe Its long-term aims Include the future support of prOgrame5 relating to healthcare provision, education, acces5 to clean water, and cornmunity developrnent. During the financial period, the charity did not undertake any trading or charitable activities, and no progftmmes were delivered in the UK or overseas. The period was used to establish the ch3rity's govern3nce, compliance, and administr3tive framework in preparation for future charitable operations. Public Benefit The charity did not undertake any charitable activities during the period. Trustees focused on governance, regulatory compliance, and adrninislrative setup in preparation for delivering public benefit in future periods. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity CorDmi55iOn s guidance on public benefit. Reference and Admlnlstratlve Detslls Trustees Mr Ganiyu Le51ie Laniyan Dr (Mrsl Seinye Lulu-Briggs Ms Airnalohi Glory Tamsele Ojehomon Charlty Number 1206849 Principal Address Berkeley Souare House Mayfair London WIJ 6BD Accountants Zenith Accounting & Business Solutions Ltd Certified Accountants DFO Consulting Churchill House 120 Bunns Lane London NW7 2AS Page I
OB Lulu-Briggs Foundatlon Trustees. Report {continued} For the Period 2 February 2024 to 31 March 2025 The trustees, report was approved by the board of trustees and signed on its behalf by.. Dr (Mrsl Seinye Lulu-Briggs Trustee 19 January 2026 Page 2
OB Lulu-Briggs Foundatlon Accountant's Report For the Perlod 2 February 2024 to 31 March 2025 Accountant's report to the board of trustees on the preparation of the unaudited statutory accounts of OB Lulu- Briggs Foundation for the period 2 February 2024 to 31 March 2025. In order to assist you to fulfil your duties under the Charities Act 2011, have prepared for your approval the financial Statements of OB Lulu-Briggs Foundation for the period 2 February 2024 to 31 March 2025 which comprise the Statetnent of Financial Position and the related notes fmm the charlty's accounting records and from information and explanations whlch you have provided us with. This report is made solely to the board of trustee5 of the charity, as a body, in accordance with our letter of engagement dated 01 October 2025. Our work has been undertaken solely to ppa for your approval the financial statements of OB Lulu-Briggs Foundation, and state those matters that have agreed to state to the board of trustees of the charity, as a body, in thi5 report. To the fullest extent perrnitted by law, we do not accept or a55ume re5pon5ibility to anyone other than OB Lulu-Briggs Foundation 3nd Its b03rd of trustees, as a body, for our work or for thls report. It is your duty to ensure that OB Lulu-Briggs Foundation has kept sufficient accounting records and to prepare statutory financial statements that give a true and fair view of the a55et5, liabilities, financial position and surplus or deficit of the charity. You consider that OB Lulu-Briggs Foundation is exempt fmm the QuireMent to have a statuiory audit or an independent examination for the period 2 February 2024 to 31 March 2025. We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the 3ccuracy or completeness of the accounting records or information 3nd explanations you have given to us and we do not, therefore, express any opinion on the financial statements. 19 January 2026 Zenith Accounting & Business Solutions Ltd Certified Accountants DFO Consulting Churchill House 120 Bunns Lane London NW7 2AS Page 3
OB Lulu-Briggs Foundation Dormant statement of Financial Activities For the Period 2 February 2024 to 31 March 2025 The charity has not traded during the year or the preceding financial year. During these years. the charity ceiVed no income and incurred no expenditu and thefore rnade neither surplus nor deficit. Page 4
OB Lulu-Briggs Foundatlon statement of Financial Position As At 31 March 2025 Notes TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY TOTAL FUNDS On behalf of the board Dr (Mrsl Seinye Lulu-Briggs Trustee 19 january 2026 The notes on page 6 form part or these flnanclal statements. Page 5
OB Lulu-Briggs Foundatlon Notes to the Financial Statements For the Period 2 February 2024 to 31 March 2025 l. General Information OB Lulu-Briggs Foundation is a charitable ineorpoftted organisation registered with the Charity Cornmission, registered ch3rity number 1206849. The principal address Is Berkeley Square House, Mayfair, London, Wll 6BD. 2. Accountlng Pollcles 2. 1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 "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 IFRS 1021 (effective I January 20191. Financial Reporting Standard 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland 2nd the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Cash and Cash Equivalents Cash and cash equlvalents are basic financial assets and include cash In hand and deposits held at call wlth banks, other short-terrn highly liquid Investments that mature in no more than three rnonths frorn the date of acquisition and are readily convertible to a known amount OF cash with insignificant risk of change in value, and bank overdrafts. 3. Average Number of Employee$ Average number of employees JUng the perlod was.. NIL Movement in Funds 5. Transactions with Trustees None of the trustees received any rernuneration or any other benefits from an employment with the charity or a related entity during the current year. No trustee expenses have been incurred. Related Party Disclosures There have been no lated party transactions in the reporting period that require disclosure. Page 6