Company Registration Number 1211104 (England and Wales)
## GRAVITY SOLUTIONS EMPOWERMENT
(a Charitable Incorporated Organisation)
## **Unaudited**
**Trustees’ Report and Financial Statements**
**For the Year Ended 26th August 2025**
Registered Charity Number 1211104
Company Information Year Ended 26th Augst 2025
The Board of Trustees
Mr Anthony Iwere Mr Nelson Oduma Mrs Chioma Odunlami Mr Olugbenga Adenubi
Charity Registered Number 1211104 Registered Office 71 Penge House Wye Street London SW11 2SL
## **Trustees’ Annual Report**
## **Year Ended 26[th] August 2025**
The Trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report and the financial statements of Gravity Solutions Empowerment for the year ended 26 August 2025. The Trustees confirm that the financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Statement of Recommended Practice: “Accounting and Reporting by Charities” (FRS 102).
As the company qualifies as small under section 383 of the Companies Act 2006, it is not required to prepare the strategic report required for medium-sized and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013.
The Trustees have complied with their duty under Section 17(5) of the Charities Act 2011 to have due regard to Charity Commission guidance on ensuring that the charity’s activities are carried out for the public benefit.
## Appointment of Charity Trustees
Except for the first charity trustees, each trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. When appointing trustees, the trustees must consider the skills, knowledge and experience needed for the effective administration of the Charity.
## Objectives
The objects of Gravity Solutions Empowerment are to:
- (1) Act as a resource for young people by providing advice, mentoring, coaching and practical assistance, and by organising physical, educational and other activities that help young people develop the skills, capacities and capabilities needed to participate in society as independent, mature and responsible individuals;
- (2) Advance education;
- (3) Relieve unemployment; and
- (4) Provide recreational and leisure activities in the interests of social welfare for people in the area of benefit who are in need because of youth, age, infirmity, disability, poverty, or social and economic circumstances, with the aim of improving their quality of life.
Nothing in this constitution authorises the use of the CIO’s property for any purpose that is not charitable under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.
## **Financial Review**
The charity did not receive any income or expend during this financial year.
## **Reserves Policy**
As detailed in the Gravity’s memorandum and articles of association, its policy is to accumulate income in order to set aside funds for special purposes or reserves against future expenditure.
## **Trustees’ Responsibility Statement**
Charity law requires the trustees to prepare financial statements for each financial year, which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
This report was approved by the Trustees on 20th June 2026 nd signed on their behalf by:
## **SIGNATURE**
Anthony Iwere
Trustee
0
## **Statement of Financial Activities (Incorporating Income &**
## **Expenditure Account) Year Ended 26th August 2025**
|**Unrestricted**
**Funds**
**Note**
**£**
**Incoming**
**Resources**
**From**
**generated funds**
**Grants and donations**
**0**
**Investment income**
**-**
**Charitable activities Total**
**0**
**incoming Resources**
**0**
**Resources**
**Expended**
**Charitable activities**
**Resources**
**0**
**Transfers between funds**
**-**
**Net movement in Funds**
**0**
**Reconciliation of Funds**
**Balances brought forward**
**0**
**Balances carried forward**
**0**
Direct charitable
Expenditure
Costs of generating funds
Governance and admin costs
Total resources expended
Net(outgoing)/incoming|**Re**
**str**
**ict**
**ed**
**Total**
**l**
**Funds**
**Fund**
**s**
**202**
**5**
**£**
**£**
**-**
**-**
**-**
**-**
**-**
**0**
**-**
**0**
**-**
**0**
**-**
**-**
**-**
**0**
**-**
**0**
**-**
**0**
-
-
-
0
-
0
0
-
0|
|---|---|
The charity has no recognized gains or losses other than the results for the year as set out above.
**----- Start of picture text -----**
Balance Sheet Year Ended 26 [th] August
2025
2025
Note £ £
Current assets
Debtors 0
Cash at bank and in hand 0
0
Creditors:
Amounts falling due
within one year 0
Total assets less
Current liabilities 0
Represented by:
Restricted funds - -
Unrestricted funds 0
0
**----- End of picture text -----**
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26th August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 26th August 2025 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies
These financial statements were approved by the trustees on the 20[th] of June 2026 and are signed on their behalf by;
SIGNATURE Anthony Iwere
Trustee