THE BENIN TRUST
Provision of senior citizen support and volunteering, organizing youth mentoring and health promotion including sports and recreational services, delivering vocational education including entrepreneurship, film-making, arts and mother tongue language training , offering job-search, capacity building workshops, research , promotion of black history and other general charitable activities
Objects
(A) TO ADVANCE EDUCATION AND VOCATIONAL SKILLS OF THE PUBLIC, AND IN PARTICULAR AMONG THE PEOPLE OF BENIN KINGDOM DECENT, BUT NOT EXCLUSIVELY, AND TO PROVIDE DISADVANTAGED UNEMPLOYED PEOPLE WITH WORK EXPERIENCE WHICH THEY NEED TO GET PAID JOBS IN ORDER TO PARTICIPATE MORE FULLY IN SOCIETY IN WAYS WHICH ALLEVIATE SOCIAL AND ECONOMIC DISADVANTAGE. (B) TO RELIEVE POVERTY AND FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, AND IN PARTICULAR AMONG PEOPLE OF BENIN KINGDOM DECENT, BUT NOT EXCLUSIVELY, WHO ARE IN CONDITIONS OF NEED AND DISTRESS BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES BY DEPLOYING HUMAN AND MATERIAL RESOURCES, MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES, AND BY ANY OTHER CHARITABLE MEANS WHICH SUCH PERSONS COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS, AND BY PROVIDING SUPPORT FOR ORGANISATIONS WHICH GIVE HELP TO PEOPLE SUFFERING FINANCIAL HARDSHIP. (C) TO RELIEVE SICKNESS, AND PRESERVE THE HEALTH OF THE PUBLIC, AND IN PARTICULAR THOSE OF BENIN KINGDOM DECENT, BUT NOT EXCLUSIVELY, BY ADVANCING PUBLIC EDUCATION IN ALL ASPECTS OF HEALTH AND RAISING AWARENESS OF SUCH ISSUES, BY PROVISION OF PUBLIC HEALTH FACILITIES, ORGANISING SEMINARS, FORUMS, AND UNDERTAKING RESEARCH.
Financial health, per its FY2024 accounts
The Benin Trust reported a surplus for the year ended 31 October 2024, with total income of £75,972 and total expenditure of £63,710. The charity holds total reserves of £17,625, comprising £7,525 in unrestricted funds and £10,100 in restricted funds. The trustees confirmed the charity has adequate resources to continue in operational existence for at least twelve months from the approval date.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- DAMILOLA ALABI
- JUSTIN OLOYA MA
- Rev HOFFMAN FRIMPONG-MANSO
- STEWART BOWIE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £63k | £63k |
| 31/10/2024 | £71k | £71k |
| 31/10/2023 | £76k | £64k |
| 31/10/2022 | £67k | £16k |
| 31/10/2021 | £36k | £35k |
Common questions
Is THE BENIN TRUST financially healthy?
Per its FY2024 accounts: The Benin Trust reported a surplus for the year ended 31 October 2024, with total income of £75,972 and total expenditure of £63,710. The charity holds total reserves of £17,625, comprising £7,525 in unrestricted funds and £10,100 in restricted funds. The trustees confirmed the charity has adequate resources to continue in operational existence for at least twelve months from the approval date. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/07/2022 | £10k | Afrofest: A Platinum Jubilee Celebration |
| The National Lottery Heritage Fund | 08/06/2022 | £84k | "EBIRA TRADITIONAL WEAVING RESEARCH PROJECT" |