Trustees’ Annual Report and Accounts
For the year ended 31 December 2025
1. Reference and administrative details
Charity name: The Early Risers Group
Charity registration number: 1208855
Principal address: 10 Bluebell Drive CT3 3GX
Names of trustees:
-
Femi Ajibola (Chair)
-
Edith Ekwulira-Bonito
-
Esther Olubanke Ogunjimi
-
Yekini Raji
-
Omotunde Ajibola
2. Structure, governance and management
The charity is governed by its governing document (e.g., the Constitution of a Charitable Incorporated Organisation), adopted on 18 June 2024. It is a charitable incorporated organisation. The trustees are responsible for the overall governance of the charity and meet quarterly as required. Trustee recruitment and induction are managed in accordance with the charity’s policies.
3. Charitable objects and public benefit
The objects of the charity are: [THE RELIEF OF FINANCIAL HARDSHIP FOR THE PUBLIC BENEFIT, ANYWHERE IN THE WORLD, THROUGH THE PROVISION OF GRANTS AND FUNDS FOR EDUCATIONAL COURSES, EDUCATIONAL MATERIAL AND ITEMS AND VOCATIONAL TRAINING]. The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing their aims and objectives.
4. Achievements and performance
Since there has been no income and no expenditure in the year, no major charitable activities were carried out. The trustees maintained readiness to commence operations when funding becomes available and ensured administrative compliance.
5. Financial review
Income for the year: £0 Expenditure for the year: £0 The charity ended the year with a closing fund of £0.
Reserves policy: The trustees will hold any future funds in a low-risk account until required for charitable activity.
6. Plans for the future
The trustees plan to activate the charity’s activities in [next year 2026], subject to securing funding. Initial plans include [In the coming year, the charity’s ambition is to establish a sustainable education-support programme that provides targeted grants and mentoring to individuals who face financial or social barriers to learning. Once funding is secured, the charity will begin awarding small educational grants to students and adult learners from disadvantaged backgrounds to help cover essential costs such as study materials, digital access, and transport. Alongside financial assistance, the charity intends to collaborate with local schools, colleges, and community organisations to offer guidance workshops, skills development sessions, and mentoring opportunities designed to improve academic confidence and career readiness.
7. Trustees’ responsibilities statement
The trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and regulations. They must ensure the financial statements give a true and fair view of the charity’s affairs, select suitable accounting policies, and safeguard the charity’s assets.
8. Approval
This report was approved by the trustees on 03 November 2025 and signed on their behalf by:
___FA______ [Femi Ajibola], Trustee (Chair)
Statement of Financial Activities (SoFA)
For the year ended 31 December 2025
Total income: £0 Total expenditure: £0 Net income/expenditure: £0 Funds brought forward: £0 Funds carried forward: £0
Balance Sheet
As of 04 November 2025
Fixed assets: £0 Current assets: £0 Total assets: £0 Current liabilities: £0 Net assets: £0 Total funds: £0
Notes to the Accounts
-
Basis of accounting – These accounts have been prepared on the receipts and payments basis (or accruals basis if applicable).
-
Going concern – The trustees consider that the charity is a going concern.
-
Related party transactions – None.
-
Trustees’ remuneration and expenses – None received.
-
Fund accounting – One unrestricted fund maintained.
-
Audit/independent examination – Not required as income was £0.