OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-05-accounts

Refuge Ark Foundation

Trustees’ Annual Report and Financial Summary

For the year ended 5 April 2025

1. Reference and Administrative Details

Charity Name: Refuge Ark Foundation Charity Registration: UK Registered Charity (England & Wales) Governing Document: Constitution

Trustees:

Principal Address: United Kingdom

Area of Operation: United Kingdom (governance and fundraising); Nigeria (programme delivery – Abuja, Ibadan, Awka)

2. Structure, Governance and Management

Refuge Ark Foundation is governed by a Board of Trustees responsible for the charity’s strategic direction, governance, and financial oversight. The Trustees meet periodically to review progress, approve activities, and ensure compliance with Charity Commission regulations.

Day-to-day operations are led by the Founder, supported by volunteers and local partners in Nigeria, including schools, orphanages, and community leaders. Trustees are appointed based on relevant skills, experience, and commitment to the charity’s mission, and receive induction and ongoing guidance as appropriate.

3. Objectives and Activities

Our Objects

The objects of Refuge Ark Foundation are to advance education and relieve poverty by supporting out-of-school and vulnerable children, particularly in Nigeria, through access to formal education, vocational training, and essential learning resources.

Activities During the Reporting Period

During the reporting period, the Foundation focused on establishing partnerships, mobilising resources, and laying the groundwork for reintegrating out-of-school and vulnerable children into education. Direct programme delivery and expenditure commenced after the end of the reporting period.

4. Achievements and Performance

Activities During the Reporting Period (to 5 April 2025)

Activities After the Reporting Period

The following activities were funded from income received during the reporting period but were delivered after 5 April 2025: - Payment of school fees and provision of educational support commencing from September 2025. - Delivery of educational support activities in Ibadan and Awka. - Distribution of uniforms, books, and essential learning materials.

Beneficiaries

Beneficiaries include orphaned children, children from low-income households, and children previously engaged in or at risk of street hawking and educational exclusion.

5. Public Benefit Statement

The Trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit. Refuge Ark Foundation’s activities are directed toward clear public benefit by improving access to education, reducing child vulnerability, and supporting positive long-term social and economic outcomes for disadvantaged children.

6. Financial Review

Income and Expenditure

During the reporting period, the charity received income from private donations and community fundraising activities.

No expenditure was incurred during the reporting period. Funds received were held securely pending the commencement of programme delivery after the end of the reporting period.

Reserves Policy

The Trustees aim to maintain modest reserves sufficient to ensure continuity of operations and the ability to respond to urgent educational needs. Reserves are kept under regular review and considered appropriate to the charity’s current scale of activities.

7. Risk Management

The Trustees have assessed the principal risks to which the charity is exposed, including funding sustainability, safeguarding risks, and operational risks associated with overseas programme delivery. Appropriate policies, safeguarding procedures, and partnerships are in place to mitigate these risks.

8. Plans for the Future

In the coming year, Refuge Ark Foundation plans to: - Scale the Hawkless Nationwide Programme to support a larger number of children. - Expand partnerships with schools, orphanages, and community leaders. - Strengthen monitoring, evaluation, and reporting systems. - Increase fundraising through grants, corporate social responsibility partnerships, and individual donors. - Strengthen advocacy efforts to influence policy and practice on out-of-school children, child street hawking, and inclusive education. - Work collaboratively with government organisations and relevant agencies at local, state, and national levels to support education access, child protection, and sustainable reintegration of vulnerable children into learning. - Develop and pilot technology-enabled education initiatives , aligned with the Revived Hope Initiative on Education , to promote digital literacy, access to learning technology, and future-ready skills for disadvantaged children.

9. Trustees’ Responsibilities Statement

The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and regulations. The Trustees confirm that this report accurately reflects the charity’s activities and performance during the reporting period.

10. Approval and Signature

This report was approved by the Board of Trustees and signed on their behalf.

Name: Uchenna Akintayo Role: Trustee Date: 27th Jan 2026

Prepared in line with Charity Commission guidance for Trustees’ Annual Reports (England & Wales).

No (if any)
Charity Name Refuge Ark Foundation 1209884		 No (if any)
Charity Name Refuge Ark Foundation 1209884		 No (if any)
Charity Name Refuge Ark Foundation 1209884
Receipts andpayments accounts CC16a
For the period
from		 Period start date
04/09/2024		 Period end date
To
05/04/2025
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
2,257
-
-
-
-
-
-
-

2,257
-
-
-
2,257
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,257
-
-
2,257		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
2,257
-
-
-
-
-
-
-
2,257
-
-
-
2,257
-
-
-
-
-
-
-
-
-
-
-
-
2,257		 Last year
to the nearest £
Donations 2,257 -
- -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
2,257		 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-
- -
- -
- -
- -
- -
- -
- -
- -
- -
**Sub total ** - -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
2,257 - - 2,257 -
- - - - -
- - - - -
2,257 - - 2,257 -

CCXX R1 accounts (SS)

27/01/2026

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Cash in bank
Details
Details
Details
Signature
UA		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
2,257
-
-
-
-
-
2,257
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Uchenna Akintayo		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
UA Uchenna Akintayo 06/04/2025

CCXX R2 accounts (SS)

27/01/2026

2