## **Trustees’ Annual Report for the period** ## **From 01/06/2022 Period start date To 31/10/2023 Period end date** ## **Charity name:INSPIRE STRATFORD CIO** ## **Charity registration number:1117662** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To manage a hospitality centre in**
**Stratford in the Westfield Shopping Mall**
**Rest and Faith Space for all faiths or**
**none**| |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|**The Inspire Stratford manages the Rest**
**and Faith Space in Westfield Shopping**
**Mall catering to guests of all faiths or**
**none in a non-denominational, well**
**appointed and pleasant environment for**
**relaxation, reflection, meditation or**
**private prayer**| |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 considered the Charity**
**Commission’s general guidance on**
**public benefit and in particular the**
**supplementary guidance on the**
**advancement of religion as this is a**
**service run by Christian volunteers.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **Not applicable** Para 1.38 Policy on grant making **Not applicable** Para 1.38 Policy on social investment including program related investment **They volunteer their time** Para 1.38 Contribution made by volunteers Other ## **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|**The Inspire Stratford CIO has been**
**running the Rest and Faith Space since**
**2012 providing a welcoming haven from**
**the frantic hustle and bustle of the**
**shopping mall to any and all who need to**
**relax, reflect, meditate or have private**
**prayers.**
**We have received numerous positive**
**feedback from the users of our services**
**and voluntary cash donations in**
**appreciation.**| ## **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|**N/A**| |Investment performance
against objectives|Para 1.41|**Not applicable**| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity is a small charity whose**
**income is mainly from donations from**
**users of the service and whose main**
**expenditure is annual renewal of**
**Insurance. We have no rental liability**
**We continue to break even but will look**
**into improving our income stream**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |Amount of reserves held|Para 1.22|**Not applicable**| |Reasons for holding zero
reserves|Para 1.22|**There is no great fluctuations in the**
**outgoings and our cash is adequate to**
**meet our projected expenditure for 3**
**years.**| |Details of fund materially in
deficit|Para 1.24|**No deficit**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**No concerns**| **Additional information (optional)** You may choose to include further statements where relevant about: 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 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**| |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|**The existing trustees are responsible for**
**the recruitment of new trustees. Potential**
**trustees are invited to attend trustee’s**
**meetings as observers. Appointment is**
**then made after consideration of the**
**person’s eligibility, personal competence,**
**specialist knowledge and skills.**| ## **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|**The Charity trustees are responsible for**
**the general management of the charity**
**The trustees give their time freely and**
**receive no renumeration or other**
**benefits.**
**The trustees meet quarterly but more**
**frequently if necessary**
**The Volunteers who are the most**
**important resource of the charity meet**
**every quarter but have a reporting book**
**for documenting any significant events**
**on their shift and informing the trustees**
**of any concerns**| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|INSPIRE STRATFORD CIO| |---|---| |Other name the charity uses|| |Registered charity number|1117662| |Charity’s principal address|222 Masterman Road| |---|---| ||London E6 £NJ| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Dr Taiwo Okun|Secretary|15/01/2023 – 31/10/2023|| ||Rev Patrick
Mossop|||| ||Rev Elizabeth Osei|||| ||Rev Janetta
Brathwaite|||| ||Isobelle Loughrey|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets ## **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 ## **Other optional information** ## **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)** Dr Taiwo Okun **Position (eg Secretary,** Secretary **Chair, etc)** **Date** 05/08/2024 IhJ¥u26 £ToK¥lFo4) Cio CHARITY COMMISSION FOR ENGLAND AND WALE5 1117Lfr)3 Recei tsand ents accounts Forthe peilod CC16a To 31111)120TJ Sectioii A Receipts and payments Unrgstrl¢tsd Re•tnetqd Endowm•nt fund• fund• funds Totsl fund• tot1* ￿Tr•t t tr*tl¥ to r•r••t£ to #* nMrwt£ 1117662 Last yoar to th• n￿ra￿£ 01 AR) 401 •n ••e tabl• 401 •nts 431 431 Sub total 431 131 A4 A•*•t and Inv••tsn•nt Sub tstai 431 431 Nat ofr•c•lpts/{paym•nts) AO Tran8fèTS betwe•n fvnds A6 Catyh fund• l*st year end Cash funds thls year•nd CCXX R1 8¢zounts ISSI Section B Statement of assets and liabilities at the end of the period Categorfe8 Dptsil$ Unrestricted ReBtrl¢ted funds to D*ar￿1£ Endowment fund# to ng8rHt£ 81 CA8h fuftd8 Total cash lunds 1.089 Llnrwtrletsd funds RMtrlet•d fund¥ endowment fund8 to D••rtst£ Dètsiis to Detalls ¢o•t loptknl CuThqn¢v•lu• Detall• Fund IOTwhkh Cury•t)t v•lu• onol 84 A•••t• r•t•ln•d for th• ¢harlty'• own u•• D#tail• Whgn du• 85 Ll•bllltlo• Sl9r*d by one orht) trustse6 on behalf of all Ihe trustee8 SkJnalure Prirt Nwne Date of rov81 1510712024 CCXX R2 accounts ISSI