2025 Financial Statement

Corrected as at 30 November 2025. Femi Adisa-Isikalu’s ₦10,000 ACHAS payment is shown separately from his ₦200,000 Reunion contribution.

Closing bank balance

₦45,703.74

After liabilities(₦17,296.26)

Opening balance

₦130,157.54

1 January 2025

Corrected receipts

₦2,162,863.52

Includes separate ACHAS receipt

Total expenses

₦2,247,317.32

Reunion and general expenses

Net cash flow

(₦84,453.80)

Receipts less expenses

Receipts

Corrected income breakdown

Total receipts₦2,162,863.52

Reclassification: Femi Adisa-Isikalu’s ₦210,000 record is correctly presented as ₦200,000 Reunion contribution plus ₦10,000 ACHAS payment. No extra ₦10,000 is added beyond the corrected total.

Position

Bank balance and liabilities

Opening balance: ₦130,157.54
Corrected total receipts: ₦2,162,863.52
Total expenditure: ₦2,247,317.32
Closing bank balance: ₦45,703.74
Outstanding liabilities: ₦63,000.00
Net funds after liabilities: (₦17,296.26)

Completed project

2025 Grand Reunion position

The Reunion project is separated from the Association-wide bank position.

Contributions

₦1,805,000

Cash paid

₦1,958,000

Liabilities

₦63,000

Committed cost

₦2,021,000

Cash position

(₦153,000)

Final position

(₦216,000)

View all contributions, expense lines, milestones and public evidence.

Open Reunion details

Accounting note

The ₦10,000 ACHAS payment is a reclassification from Femi Adisa-Isikalu’s earlier combined ₦210,000 entry. It changes the category split—not the bank total. The corrected Reunion total is ₦1,805,000, while total receipts are ₦2,162,863.52.