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The Stanley Gene Foundation
Trustees Annual Report – 1[st] October 2022 30[th] September 2023
Contents
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Charity details
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Trustees for the period
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Charity structure
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Objects and activities
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Achievements
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Financial report
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1. Charity details
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The Stanley Gene Foundation is a Charitable Incorporated Organisation, registered as such with the Charities Commission with registration number 1150958.
The registered address of the Stanley Gene Foundation is: 30A Sandholme Market Weighton York YO43 3ND
2. Trustees
For the period of the report the trustees of the charity were as follows:
Mr Stanley Gene (Chair) 10 Commodore Croft Hull HU1 2EL
Mr Christopher Howell (Secretary) 8 Husthwaite Road Brough HU15 1TF
Mr Kevin Deakin (Treasurer) 30A Sandholme Market Weighton York YO43 3ND
Mr John Okul 28 Blake Close Hull HU2 9JH
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3. Structure of The Stanley Gene Foundation
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The Stanley Gene Foundation is a Charitable Incorporated Organisation and is governed by a written constitution.
The trustees of the charity are all volunteers and give their time freely in order to further the aims of the organisation. Apart from the first trustees, trustees are appointed by a resolution passed at a properly convened meeting of the current trustees and are selected for appointment based on their skills, knowledge and experience needed for the effective administration of the CIO.
4. Objects & activities
The objects of the Stanley Gene Foundation (as written in its constitution) are:
1. To advance education, relieve poverty, sickness and promote and protect good health in Papua New Guinea by either generally or individually through the provision of grants, goods or services.
2. To promote for the benefit of the inhabitants of Papua New Guinea the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
- 3 Such charitable purposes for the public benefit in Papua New Guinea as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine
The Stanley Gene Foundation is committed to reaching the unreachable communities of Papua New Guinea and educating young Papua New Guineans, in order to give them the tools to make a better future for themselves. We believe all young Papua New Guineans should be given the basic skills and confidence to be able to take advantage of their country’s many natural resources, and the jobs which they bring.
Also, the issues of alcohol and drug abuse, domestic violence, and HIV-Aids are rife throughout the country. We believe that the Papua New Guinean’s love of Rugby League can be used to raise awareness and address these issues amongst the many diverse and remote communities of Papua New Guinea.
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In the long term, we hope to contribute to making the future generations of Papua New Guineans better educated and better placed to make a difference in their communities, and their country as a whole
The long term aim of the Foundation remains to secure land and build a sporting academy. We hope that by engaging young people in sport we are able to break the cycle of drug and alcohol abuse and lack of employment opportunities.
The Foundation places no unreasonable restrictions on who can benefit from its activities. The Foundation does charge fees to any beneficiary of its activities. Mr Gene’s direct activities in Papua New Guinea and the activities of local individuals ensure that this principle is monitored and correctly applied.
The trustees of The Stanley Gene Foundation have acted with regard to the guidance issued by the Charity Commission on public benefit.
6. Achievements
During the period of the report the Stanley Gene Foundation has been inactive.
5. Financial report
Attached.
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Charity Name No (if any) STANLEY GENE FOUNDATION 1150958 Receipts and payments accounts CC16a For the period Period start date Period end date To from 30/09/2023
For the period Period start date To from 01/10/2022
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 439 439 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Last year to the nearest £ |
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| Sub total(Gross income for AR) |
- | - | ||||
| A2 Asset and investment sales, (see table). |
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| - | ||||||
| - |
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| ~~Sub total~~ | - | - | ||||
| Total receipts A3 Payments |
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| TRANSPORTATION COSTS | - | - | ||||
| STORAGE COSTS | - | - | ||||
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| **Sub total ** | - | - | ||||
| A4 Asset and investment purchases, (see table) |
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| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
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| - | ||||||
| - | - | - | - |
- | ||
| - | - | - | - | - | ||
| 439 | - | - | 439 | - | ||
| 439 | - | - | 439 | - |
CCXX R1 accounts (SS)
22/07/2024
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) CURRENT AC SAVINGS AC Details Details Details Signature K A DEAKIN |
Unrestricted funds Restricted funds to nearest £ to nearest £ 389 - 50 - - - 439 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name K A DEAKIN |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
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| - | |||
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| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| K A DEAKIN | K A DEAKIN | 22.7.24 | |
CCXX R2 accounts (SS)
22/07/2024
2