## 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:**
- Uchenna Akintayo – Founder & Trustee
- Chioma Ekwueme – Trustee
- -Christie Amobi – Trustee
- Olayemi Morakinyo – Trustee
## **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)
- Establishment of partnerships with Tender Love Orphanage (Awka) and Sabol International School (Ibadan).
- Design and launch planning of the Hawkless Initiative aimed at reducing child street hawking through education and vocational pathways.
- Fundraising and mobilisation of resources to support future educational programmes.
## 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