2023-03-31-accounts - Nowans Community Trust

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Trustees’ Annual Report for the period

From 1 April 2022 TO 31 March 2023

Charity name: Nowans Community Trust

Charity registration number:1137971

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Nowans Community Trust was founded in 2010 and works to but not exclusively with orphans, young people, Black Asian Minority Ethnic communities, and marginalised communities in the UK, and in Kenya, in ways that strengthen both, culturally, socio-economically and through education.
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	Through Lives of Colour, we have worked to elevate the voices of marginalised communities through education, events, and training
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We are aware of the guidance and have complied with our duty regard to the Commision’s public benefits guidance when exercising our powers for dtuties to which the guidance has been relevant.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	We have had 10 volunteers which enabled the charity to deliver 6 projects for the benefit of the public and for the organisation to grow, develop, and be effective this year.

N/A 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	Over the last few years, our organisation has achieved remarkable success in despite its size. We have experienced significant growth in the numbers of volunteers, trustees, fundraising efforts, and outreach. However, due to the increasing demand for our services, there is now an urgent need to expand our capacity in order to effectively deliver our programs. These achievements we have attained so far can be attributed to our resourcefulness and creativity, agility and adaptability, and our organisations commitment to a community-centred approach. Additionally, our collaborations and partnerships have played a crucial role in our accomplishments.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	£336
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	N/A
Amount of reserves held	Para 1.22	N/A
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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	Grants Sponsorships
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	None
Other		N/A

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	Unincorporated
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	Through organisation and contacts with with the charity.
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	Trustees training
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	None
Other		N/A

Reference and Administrative details

Charity name	Nowans Community Trust
Other name the charity uses	Lives of Colour
Registered charity number	1137971
Charity’s principal address	2B, 3 Grafton Road, Cheltenham. GL50 2ET

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year Nam e of pers on (or bod y) entit led to app oint trust ee (if any)
Dr. Lauren Denkins	Interim Chair	5th April 2023
Ms. Hilda Gillingham		7th September 2023
Sarah Pickering		7th September 2023
Moira William Sharp
Femi Omisore
Feyi Atinuke

– Corporate trustees names of the directors at the date the report was approved Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	Not applicable
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Not applicable
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)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
	Accountant	Christine Adedokun	17 Parr Crescent, Hemel Hempstead, United Kingdom, HP2 7LJ



Name of chief executive or names of senior staff members (Optional information)
	Not applicable

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) Lauren Denkins

Position (eg Secretary, Chair Chair, etc) Date 20 February 2024

CHARITYCOMMISSIONINOWAN~~OMMUNITYTRUST FORENGLANDANDWALES	CHARITYCOMMISSIONINOWAN~~OMMUNITYTRUST FORENGLANDANDWALES	CHARITYCOMMISSIONINOWAN~~OMMUNITYTRUST FORENGLANDANDWALES	CHARITYCOMMISSIONINOWAN~~OMMUNITYTRUST FORENGLANDANDWALES	CHARITYCOMMISSIONINOWAN~~OMMUNITYTRUST FORENGLANDANDWALES
	Receiptsandpaymentsaccounts								CC16a
	Fortheperiod from		01/04/2022			To	31/03/2023
Section A Receipts'andpayrn~mt~V~,\y.- \".'-_:·_
	Unrestricted		Restricted			Endowment
	funds		funds			funds	Totalfunds		Lasty.ar
to thennrest £ A1Receipts			tothennrHt£		to thenearHt£		tothentiu11t£		tothenearnt£
Granls'Oonat,ons(Unrestri~ted\ Granb,Oonat1ons(Restncted) SummerfieldTrustGrant(Rastnc:od1 InterestonOepolslt(Unrostr.cted) ' ActivitiesforGeneratingfunds(AOCSock	l1,252 . 63			27°" 4,000 . .				11.252 27044 4,000 13.	1,550 11,170 2 700 78
Club)		24		.				2'	.
				.
Sub_total_(l:iross_income,or_		. .		. .				. ..	. . .
AR)	11,330			31,044				42,374	27,111
sset and nvestment saes,
(seetable).
Total*receipts*I	11,33011_ 31,_ou_11..-..11 u.31,..,								.. 1___ 2_,.,§§,.1
A3 Pavments
Printing,Postage&ComputerSupplies Cost ofGeneratingVoluntaryReceipts Cost ofCharitableActivities(General) CostofCharitableActivities(Restricted)		. 750 7,013 .		. . . 55,597				. 750 7,083 55,517	112 750 4,714 1,300
		.		.
								.	.
		.		.
								.	.
		.		.
								.	.
		.		.
								.	.
		.		.
								.	.
Subtotal		7,833		55,517				13,'30	1,121
A4Asset and Investment
lourchases !see table\|
NIL		. .
Subtotal		.
Totalpayments_I 7,8331 _Netofrecelpts/(payments).....___ ......,,.,. ASTransfersbetweenfunds 2 , A6Cash funds last yearend • _Cashfunds this_yearend 337			I §	!55,5971	I	·I • •	1.. u._'3_0,.11.. e,,_2e..1 . 21,057. 7l,J9J 336 20,274 20,27~

		Unrestricted	Restricted	Endowment
Categories	Details	funds tont1r11t£	funds tonurett£	funds tont1rnt£
81Cashfunds	CashInbank account	337
	Totalcashfunds	337
	(dgreebalan~5"'!hreceiptsandpayments
	accoont(s))
		Unrestricted	Restricted	Endowment
		funds	funds	funds
	Details	lonearest£	tonearttl£	lonearttl£
B2Othermonetaryassets	NIL
	Details	Fundlowhich asttlbelonnt	Cost(optional)	Currentvalue loctlonall
B3Investmentassets	NIL
	Details	Fundtowhich asttlbelonos	Cost(optional)	Currentvalue loctionall
84Assetsretainedforthe	NIL
charity'sownuse
		Fund to which	Amount due	Whendue
	Details	ll1bllltvrelatn	lontlonall	loctionall
85 Liabilities	NIL
Signedbyoneortwotrusteeson behalfofallthetrustees	Signature	Print	Name	Dateof aooroval
	t---"~;;......>,,Q;'\A~~=---..:....::.....:=.,;:::....:>:......__	t-"I~-=-"'-IS_A-1'-'--o-.....ifa..:.:.,.L::N:.::i.\~~E;;;..:-~7i:..!.,.L.:J		ll-0~:ll.f-
				______,
CCXXR2accounts(SS)	2			20/02/2024

|~
CHARITYCOMMISSION
~
FORENGLANDANDWALES|INOWAN~ COMMUNITYTRUST|INOWAN~ COMMUNITYTRUST|INOWAN~ COMMUNITYTRUST|INOWAN~ COMMUNITYTRUST||I,|,,.,||| |---|---|---|---|---|---|---|---|---|---| |||Receiptsandpaymentsaccounts|||||||CC16a| |||Fortheperiod
from||01/04/2022
To|||31/03/2023||| |Section AReceiptsan~2pafrfi~~.t~~~~-||||J,:.|||||| |||Unrestricted
funds|Restricted
funds||Endowment
funds||Totalfunds||Lastyear| ||to the nearest
£||to thenearest £||
to thenearest£|
to thenurut£|||tothe nearu t£| |A1Receipts|||||||||| |Grants/Donations(Unrestricted)||11,252||||||11,252|8,550| |Grants/Donations(Restricted)||.||27,044||||27044|19,870| |SummerfieldTrustGrant(Restricted)||||4,000||||4,000|2| |InterestonOepolslt(Unrestricted)||53||. .||||53.|700
78| |Activities forGeneratingfunds(AOCBook
Club)||24||.||||24|.| |||.||.
.
.|

|||. . .|. . .| |:;uo_rora,,~rossmcometor_|||||||||| |AR)||11,330||31,044||||42,374|27,1ft| |A2sset and investment saes, |||||||||| |{seetable).|||||||||| |Totalreceipts|I|
11,3301I||31,04411..__· ..11..||||42_.3_74_.1|..1_ 2_1_,1_§§1| |A3Paymens |||||||||| |Printing.Postage&ComputerSupplies||.||.|||||112| |Cost ofGeneratingVoluntaryReceipts||750||.||||750|750| |Cost of CharitableActivities(General)||7,083||.||||7,083|4,764| |Cost ofCharitableActivities(Restricted)||.||55,597||||55,597|1,300| |||||.||||.|.| |||.||.||||.|. .| |||||||||.|.| |||||.||||.|.| |Subtotal||7,833||55,597||||63,430|S,921| |A4AssetandInvestment|||||||||| |curchaseslseetablel |||||||||| |NIL||.|||||||| |||.|||||||| |_Subtotal||.|||||||| |Totalpayments_I||
7,8331._I___s_s,s_91_.I..
I_
· I..I
e_3,4_3o...l|||||||..
I___s_,9_2s...l| |Netofrecelptsl(payments}||3,497|.|24,553||.||21,057|20,274| |ASTransfersbetwHn funds|1----:"'r.lm|||24,553|||||| |A6Cashfunds lastyearend|||||.|||21,JllJ|| |Cashfundsthis yearend|-----||.||0|||336|20,27~|

		Unrestricted	Unrestricted	Unrestricted	Restricted	Restricted	Endowment
Categories	Details	funds				funds	funds
		tonearutE			to	n11rnt£	tontlrHt[
B1Cashfunds	Ca1hInbankaccount
				.
	Totalcashfunds		337
	(aoreebalancesw1!hreceiptsandpaymenls					.
	accounl(s)I
		Unrestricted			Restricted		Endowment
		funds				funds	funds
	Details	tonearest E			to	ne1rHI£	ton11rHtE
B2Othermonetaryassets	NIL
B3Investmentassets	Details NIL	Fund asset	to which bel OnQI		Cost(optional)		Currentvalue (ootionall.
							.
							.
							.
							.
B4Assetsretained forthe	Details NIL	Fund U H i	towhich bel onas		Cost(optional)		Currentvalue (optional).
charity'sownuse							.
							.
							.
							.
							.
							.
							.
		Fund	towhich		Amountdue		Whendue
	Details	ll1bllltvrelates			(ootlonall		(ootionall
B5Liabilities	NIL
						.
						.
						.
Signedbyoneortwotrusteeson behalf of allthetrustees	Signature ~v..~,.;) __,	PrintName I _f<:.<_1S"'10A11c;,c1~E-71					Dateof approval l l -0~ ..ll/-
CCXXR2 accounts(SS)	2						20/02/2024