INSPIRE FAVOUR FOUNDATION CHARITY REGISTRATION NO: 11210290 ANNUAL RETURN FOR YEAR END 31st May 2025.
INSPIRE FAVOUR FOUNDATION CONTENTS PAGE Legal and administrative information Report of the trustees Independent Examinerfs report Income and expense statement
INSPIRE FAVOUR FOUNDATION Legal and administrative information Trustees Suwebat Agboola Agboola Julius Olajide Arosoye Arosoye Adenike Adunni Balogun Chairperson Address 153 Monkswood, Flora Street, Oldham, OL12XQ Independent Examiner5 Solomon Allistar IMAATI 54 Carriocca Business Park, Hellidon Close, Ardwick Manchester M124AH Bankers Zempler Bank Charity Registration Number 1210290
INSPIRE FAVOUR FOUNDATION Report of the Trustees for the Year Ended 31" May 2025 The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31" of May 2025. Structure, Governance and Management Objectives and Activities The objects of INSPIRE fLAOUR fONDATION is the prevention or relief of poverty in Greater Manchester and Nigeria, By providing Grants, items and services to individuals in need, charities or other organisations working to prevent or relieve poverty as the Trustees deem fit from time to time for the public benefit For the public benefit to promote the education of children and young people under 18 years in Nigeria by means of .' The provision of grants for tuition fees/ Schooling,. The provision of grants to select partners including registered primary and secondary schools in Nigeria for the provision of resources to provide a good quality of education of students in their care Support work in Manchester We support the less privileged in Manchester by providing them this clothing, household items, and food supplies. support work in Nigeria We support the work of the youth in Lagos, Ogun and Ekiti state, who have limited assess to clothing, standard technological items like laptop, computers and printers, phones, books, clean water by providing them with these items for person use. Financial Sources The church income comes mainly from Public voluntary donations.
Statement of Trustees, responsibilities The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have.. Selected suitable accounting policies and applied them consistently. Made judgments and estimate5 that are reasonable and prudent, Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and Prepared the financial statements on a going concern basis lunless it is inappropriate to presume that the Charity will continue in operation). The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charitv and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of disclosure of information to independent examiner
INSPIRE FAVOUR FOUNDATION Report of the Trustees for the Year Ended 31 of May 2025 We, as the Trustees of the Charity who held office at the date of approval of these financial statement5 a5 set out on page 2 each confirm, 50 far as we are aware, that.. There is no relevant information of which the Charity's independent examiner are unaware,. and we have taken all the steps that we ought to have taken as Trustees in order to make ourselves aware of any relevant information and to establish that the charity's independent examiner is aware of that information. Independent Examiner.. The Charity's independent examiner, Solomon Allistar IMA4TI of SAA BUSINESS SUPPORT LTD has indicated their willingness to continue in office and offer themselves for appointment. This report was approved by the Trustees and signed on their behalf by.. Ms Suwebat Agboola Agboola Date= 1511212025
INSPIRE FAVOUR FOUNDATION Independent Examinerfs Report for the Year Ended 31st of May 2025 I report on the financial statements of the charity for the year ended 315t of May 2025 which comprise the Statement of Financial Activities and Balance Sheet with associate notes. This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustee5 as a body, for my examination work. Respective Responsibilities of Trustees and Examiner The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the Act) and that an independent examination is needed. It is my responsibility to- Examine the accounts (under Section 145 of the Charities Act). To follow the procedures laid down in the General Directions given by the Charity Commissioners lunder Section 14515llbl of the Charities Act),. and To state whether matters have come to my attention. Basis of Independent Examiner's report My examination was carried out in accordance with the General Dirertions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view, and the report is limited to those matters set out in the statement below.
Independent Examiner's statement In connection with my examination, no matter has come to my attention.. 11 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the Act,. and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act have not been met- or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. SOLOMON ALLISTAR IMAATI Dated- 1511212025
INSPIRE FAVOUR FOUNDATION Income and Expense Statement INCOME Voluntary Donations 5,470.00 TOTAL INCOME 5,470.00 EXPENSES Finanee Fees 9.95 Training Charity Grant 750.00 200.00 3500.00 Admin eost 500.00 Misc cost 300.00 Total Expenses 5,259.95 Surplus 210.05