Trustees’ Annual Report for the period
From 1[st] October 2021 To 30[th] September 2022
Charity name: Tech4all
Charity registration number: 1054041
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Relief of poverty in any manner which is charitable according to the laws of England and Wales, including (but not limited to) through the use of technology |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Past activities have included the Voicemail for the Homeless, and grants for developments of small community workshops in Africa. Currently partnering with the Worshipful Company of Engineers, to run a new competition aiming to identify innovations that can reduce poverty |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Con fide n�al
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Past achievements include the Voicemail for the Homeless service, which benefited over 2,000 UK homeless users through improved access to support networks and was recognised in a Dragon Award from the City of London; sponsoring programmes to establish small-scale local workshops using adaptive manufacturing technology in Kenya, linked with local schools, which have helped to lift the participants and their communities out of poverty. The project to reduce transport poverty for low-income users demonstrated theoretical potential for poverty reduction but had to be abandoned when our partner withdrew from the project during Covid. Currently being organised for 2023 and beyond: A new competition with the Worshipful Company of Engineers (WCE), aiming to identify innovations that can reduce poverty. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Con fide n�al
Con fide
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Income was £12,324 which was substantially in excess of expenditure of £562, because of postponement of projects due to Covid. Expenditure expected to increase in 2023 as the joint competition with the WCE is implemented. The charity benefits from a flexible endowment fund with market value at year-end of £2,223,919. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held sufficient to meet expected short to medium term commitments |
| Amount of reserves held | Para 1.22 | £4,391 |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | No concerns apparent. |
Additional information (optional)
You may choose to include further statements where relevant about: Investment income from a flexible endowment fund The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Con fide n�al
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO – Foundation conversion document dated 17th May 2019 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are selected to meet the skills required for the operation of the charity and are elected by the existing trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Tech4all |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1054041 |
| Charity’s principal address | 70 Bedford Gardens London W8 7EH |
Con fide n�al
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Giles Keating | Chair | |||
| Peter Heit | Hon Treasurer | |||
| Nerys Jefford | ||||
| Stefan Kukula | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| None | ||
Con fide n�al
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
None |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
None |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
Not applicable |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not applicable
Other optional information
Con fide n�al
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Giles Keating Position (eg Secretary, Chair Chair, etc)
Date 6 June 2023
Con fide n�al
| Tech4all |
Tech4all |
Tech4all |
1054041 | CC16a | |
|---|---|---|---|---|---|
| For the period from |
Period start date 01/10/21 |
To | Period end date 30/09/22 |
||
| Section A Receipts and payments | |||||
| A1 Receipts Investment Income - - - - - - - - - - - Sub total - Total receipts - A3 Payments investment fees - Bank fees 82 - - - - - - - Sub total 82 - Sub total - Total payments 82 Net of receipts/(payments) - 82 A5 Transfers between funds - A6 Cash funds last year end 4,473 Cash funds this year end 4,391 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) Additions to investment balances |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 12,324 - - - - - - - 12,324 - - - 12,324 480 82 - - - - - - - 562 11,844 - 11,844 12,406 - 82 - 4,473 4,391 |
Last year to the nearest £ |
|
| 12,324 | 12,324 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| 12,324 | 12,324 | - | |||
| - | - | ||||
| - | - | - | |||
| - | - | - | |||
| 12,324 | 12,324 | - | |||
| 480 | 480 | - | |||
| - | 82 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| 480 | 562 | - | |||
| 11,844 | 11,844 | ||||
| - | - | ||||
| 11,844 | 11,844 | - | |||
| 12,324 | 12,406 | - | |||
| - | - | - 82 | - | ||
| - | - | - | |||
| - | - | 4,473 | - | ||
| - | - | 4,391 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Cash on hand Details Details Managed fund share portfolio Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 4,391 - - - - - 4,391 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Giles Keating Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Flexible Endowment Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 2,223,919 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Giles Keating | 06/06/23 | ||