Trustees’ Annual Report for the period
From 01/11/2023 Period start date To 31/10/2024 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 identifiedinthe 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,meditationorprivate 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 thisis a servicerunby Christian volunteers. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Not applicable |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | They volunteer their time |
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 consumerism 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 cashdonationsinappreciation. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Inspire is a service delivery oriented charity and we are not driven by numbers . |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives |
Para 1.41 | Not applicable |
| Other |
Financial Review
Review of the charity’s Para 1.21 financial position at the end of
The charity is a small charity whose income is mainly from donations from users of the
| the period | service and whose main expenditure is annual renewal of public Liability Insurance. We have no rental liability We continue to breakeven 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 any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 |
|
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: | ||
|---|---|---|
| Type of governing document (trust deed,royalcharter) |
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 ofany concerns |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charityname |
INSPIRE STRATFORD CIO |
|---|---|
| Other name the charityuses | |
| Registered charitynumber |
1117662 |
| Charity’s principal address |
222 Masterman Road London E6 £NJ |
Names of the charity trustees who manage the charity
| 1 | 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 | Chairman | 15/01/2023 – till date |
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2 [Rev Patrick ]
Mossop
3 Rev Elizabeth Osei
4 [Rev Janetta ]
Brathwaite
5 Isobelle Loughrey
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– 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 held Not applicable 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 ~~ee[|]~~
Position (eg Chairman Secretary, Chair, etc)
Date 05/08/2025
CHARITY COMMISSION FOR ENGLAND AND WALES INSPIRE STRATFORD CIO Recei tsand For the ri¢xl from ents accounts CC16a 0111112023 31110r2024 Section A Receipts and payments Unigstrlcted Re•irlci•d fund• fund• to tr nMr•M £ to th• n•amt £ Endowment fund8 to Ilm) £ to th• rt•w• É Total fund8 Last y••f A1 Rec•1 to th• É 733 n3 401 or ARJ 73J 733 401 nve •e• table . Toeal rKelpt¥ 733 917 917 4J1 Sub total 917 917 431 A4 A•••t and Inv••lm•nt Sub total 917 •17 N•t of ¢P/{PaYffl?n) A5 Transfern between funds A6 Cash ftsnds last year end Cash funds thi3 yr end 905 CCXX R1 aJnIS (SS)
Section B Statement of assets and liabilities at the end of the period Categorlo8 Bl Ca8h fund8 D•tall8 Unrestrtctsd funds to n•aMt £ Rft8trlcted fundg to n•ar•Bt £ Endowrnent funds Total cash fund8 905 Restrlct•d nd# to M•Y•ot £ fund8 Endowm•nt fvnd• 82 Oth•r monotary au•ts D•ta118 Dela118 Fund Io tthich Cwr•nt ¥lu• Fund to whkh 84 A88et• r•talned for th• eharlty'• own u ¢t (OPil¢xw CuThont lts• Ilon•l Fund to whkh BS Ll4bllltlo• Detsil• Am¢MMrt du• Slgnod by one or trusl¢es on behaK of am tr* InJslo• Slgn8bJr8 Pwint Name Dato of roval Dr TarAv Okun CCXX R2 accoun18 (SS)