1. Introduction
This is the annual report of Governance Advisory and Support Charity Organisation for the financial year 1 January 2025 to 31 December 2025.
2. Purpose and Objectives
The purpose of the charity is to enhance governance practices and effectiveness across all charities, with a particular emphasis on those owned by ethnic minorities. The charity aims to:
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Foster transparency, accountability, and strategic leadership within the charitable sector.
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Contribute to improving public trust and confidence in charities.
3. Activities During the Year
During the year, the charity:
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Supported six charities owned by both local and ethnic minority groups with queries regarding registration, governance, and compliance. This support is estimated to have saved the beneficiary charities approximately £600–£840 in professional advisory fees they would have otherwise incurred.
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Assisted one charity in preparing their management accounts, providing professional guidance valued at approximately £150 if outsourced.
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Received a donation of £200 and used funds to cover operational costs including promotional materials, domain registration, Google Workspace, telephone costs, and bank charges.
Social Impact Summary:
| Activity | Beneficiaries |
Estimated Value (£) |
|---|---|---|
| Governance & compliance advisory | six charities | 600–840 |
| Management accounts preparation | one charity |
150 |
| Total Social Value Delivered | seven charities | 750–990 |
Explanation:
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Despite limited financial resources, the charity’s interventions provided significant financial relief and professional support to beneficiary charities, amplifying the impact of every £1 donated.
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For example, £200 income translated into support with a social value of £750– £990, demonstrating leveraged impact and efficient use of resources.
4. Financial Review (Accounts)
The accounts have been prepared in accordance with the Charities SORP and reflect a simple income and expenditure basis suitable for a small charity. The Trustees are committed to ensuring financial integrity and adherence to the Charities SORP in all reporting aspects. The charity operates a bank account with HSBC Bank, which is used for all incoming donations and outgoing payments.
Statement of Financial Activities (Income & Expenditure)
| Income |
£ | |
|---|---|---|
| Donations | 200.00 | |
| Expenditure |
£ | |
| Promotional material |
45.00 | |
| Telephone |
20.00 | |
| Bank charges |
50.00 | |
| Domain – GoDaddy |
22.79 | |
| Google Workspace/Suite | 41.50 | |
| Total Expenditure |
179.29 | |
| Net Surplus for the Year: | £20.71 |
Balance Sheet as at 31 December 2025
| Assets £ |
|---|
| Bank / Cash 20.71 |
| Liabilities £ |
| None 0 |
| Net Assets / Funds: £20.71 |
5. Reserves Policy
The charity intends to retain a small reserve to cover basic operational costs and ensure continuity of activities. The current closing balance of £20.71 will be carried forward to support upcoming governance initiatives.
6. Future Strategic Plan (2026–2028)
The charity has set strategic goals to expand its impact over the next 3 years, with resource allocation expressed in percentages of total effort or focus.
| Strategic Goal | Focus (%) |
Description |
|---|---|---|
| Expand Charity Support |
40% | Increase the number of charities supported from six to fifteen per year, with emphasis on ethnic minority-led organisations. |
| Training & Governance Workshops |
25% | Conduct workshops on governance, compliance, and strategic leadership for small charities. |
| Management Accounts Support |
15% | Assist five to ten charities per year in preparing accurate management accounts. |
| Fundraising & Donations |
10% | Increase donations and grants to ensure financial sustainability. |
| Marketing & Outreach |
10% | Enhance visibility and engagement through online platforms and promotional campaigns. |
Future Focus %
Expand Charity Support (40%): ████████████████████████
Training & Governance Workshops (25%): ██████████████
Management Accounts Support (15%): █████████ Fundraising & Donations (10%): █████ Marketing & Outreach (10%): █████
7. Trustee Approval
The Trustees of Governance Advisory and Support Charity Organisation approved this report on 25[th] February 2026 and signed on their behalf.
Signed: Name: Davidson Taiwo Bamidele Position: Trustee Date: 25[th] February 2026