OpenCharities

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2025-09-07-accounts

For the Year Ended 19/12/2024 to 07/09/2025

Charity Name: Proportion Charity

Charity Objectives

The Proportion Charity exists to improve the wellbeing of vulnerable individuals and families who are homeless in the community and London generally. The mission of assisting homeless individuals by offering essential supplies, including dry food, toiletries, blankets, and other necessary items. Our focus is on supporting those in need in our community and around the Essex and London areas, particularly during the Christmas season.

We distribute these items as wrapped gifts on Christmas day, aiming to uplift the spirits of the homeless and make them feel valued. Beyond the emotional boost, these provisions also serve a practical purpose, providing valuable resources to those who require them.

Trustees

The following individuals served as trustees during the reporting period:

Structure, Governance and Management

The charity is governed by its Constitution. Trustees are appointed according to the Constitution and are responsible for ensuring that the charity fulfils its objectives and complies with all legal and regulatory requirements. Trustees meet quarterly to review performance, approve policies, monitor risks, and oversee financial management.

Activities and Achievements

During the year, the charity:

These activities helped improve individual wellbeing. Improve their mental state and give them hope that they are part of the community.

Financial Review

At the end of the financial year, the charity held total funds of £0.00.as of September 2025. We started operation November 2025. Account opened November 2025.

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The trustees believe that the charity remains financially stable and able to continue its activities.

Reserves Policy

The trustees aim to maintain unrestricted reserves equivalent to yearly of operating expenditure. Gift items donated by trustees and other individuals for the homeless. This provides financial stability and allows the charity to respond to unexpected events.

Risk Management

The trustees regularly review the principal risks facing the charity, including financial sustainability, safeguarding, data protection, and operational risks. Appropriate policies, procedures, and internal controls are in place to manage these risks.

Plans

In the coming year, the charity intends to:

Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Annual Report and financial statements in accordance with applicable law and accounting standards. They are satisfied that the financial statements provide a true and fair view of the charity's financial position.

Approved by the Board of Trustees on behalf of the charity.

Signed: E.O. Joel

Chair of Trustees

Date: _05/07/2026__

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701-0892996746283000-280326-033842.115984.txt

Date Description Withdrawals Deposits Balance
BRANCH : BUSINESS DIRECTPLUS 0892996746283000 PAGE 1
BIC : CPBKGB22 IBAN : GB38CPBK08929967462830
TYPE : CHARITY COMM PROPORTION CIO 27 MAR 26
Date Description Withdrawals Deposits Balance
NEW ACCOUNT NIL.
19 NOV 25 K Olatigbe Olatigbe 25.00 25.00
02 DEC 25 R Fasunloye Dr Fasunloye 100.00 125.00
11 DEC 25 EUNICE OLUSINA Eunice - Christmas 50.00 175.00
12 DEC 25 FOLASHADE OGINNI DECEMBER
DONATION
20.00 195.00
09 JAN 26 D Tobun Deniyi Tobun 100.00 295.00
26 MAR 26 FASUNLOYE C Mrs C M Fasunloye 120.00 415.00
27 MAR 26 Elizabeth Joel Echange - Easter 400.00 15.00

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Date and Time: 27/06/2026 12:31 PM