2021-03-31-accounts - The Collective Foundation

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DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

Trustees' Annual Report for the period

Period start date Period end date 01 04 2020 31 03 2021 From To

Section A Reference and administration details

Charity name THE COLLECTIVE FOUNDATION Other names charity is known by 1157042 Charity's principal address 14 BEDFORD SQUARE LONDON Postcode WC1B 3JA ~~—~~

Other names charity is known by

Registered charity number (if any) 1157042

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
MR. REZA MERCHANT
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TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

(eg. trust deed, constitution)

Charitable incorporated Organisation (CIO) How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Appointed by

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

At The Collective Foundation, we believe that people can transform the world. Our mission is to create stronger communities in cities. We do this by creating opportunities for those who want to make a difference in their community. The creative, ambitious and entrepreneurial and around the world. The future leaders, activists and entrepreneurs of today.

Approach

We take an entrepreneurial approach to philanthropy. Rather than simply donating money, we build programmes with a legacy. We believe that

TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

businesses play a pivotal role in solving the world’s biggest problems. By aligning interests, capitalism can be used as a force for good. The Collective Foundation is a pioneer in this journey. No activity during the year ended 31[st] March 2021

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Additional details of objectives and activities (Optional information)

TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

Section D Achievements and erformance p No activity during the year ended 31[st] March 2021 Summary of the main achievements of the charity during the year

TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

Section E Financial review

No reserve held

Brief statement of the

charity’s policy on reserves

Details of any funds materially Not applicable in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

DocuSigned by: Signature(s) Y ~~[rome Mero?~~ Full name(s) MR REZA MERCHANT ~~pe~~ Position (eg Secretary, Chair, TRUSTEE etc) Date 20/07/2022

TAR

March 2012

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

					THE COLLECTIVE FOUNDATION	THE COLLECTIVE FOUNDATION						1157042	1157042
					Receipts and payments accounts									CC16a
				For the period from ee		Period start date Period end date To 01/04/2020 31/03/2021 e ee
	Section A Receipts and payments	Section A Receipts and payments		Section A Receipts and payments
					Unrestricted funds	Restricted funds	Restricted		Endowment funds		Endowment	Total funds		Last year
					to the nearest £	to the nearest £	to the nearest £		to the nearest £			to the nearest £		to the nearest £
	A1 Receipts
	Donations					-	-	-	-	-	-	-	-	273,935	273,935
	Grants				12,000	-	-	-	-	-	-	12,000	12,000	5,000	5,000
	Miscelleneous Refunds				254	-	-	-	-	-	-	254	254	-	-
					-	-	-	-	-	-	-	-	-	-	-
					-	-	-	-	-	-	-	-	-	-	-
					-	-	-	-	-	-	-	-	-	-	-
					-	-	-	-	-	-	-	-	-	-	-
					-	-	-	-	-	-	-	-	-	-	-
	*Sub total*(Gross income for AR)				AR) 12,254	-	-	-	-	-	-	12,254	12,254	278,935	278,935
A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - *Total receipts* 12,254 - - 12,254 278,935 ————~~——~~
	A3 Payments
	Subscription				1,124	-	-	-	-	-	-	1,124	1,124	-	-
	Professional fees				68	-	-	-	-	-	-	68	68	-	-
	Accountancy fees				1,050	-	-	-	-	-	-	1,050	1,050	4,852	4,852
	Telephone				349	-	-	-	-	-	-	349	349	-	-
	Wages & salaries					-	-	-	-	-	-	-	-	105,353	105,353
	Accelerator programme				-	-	-	-	-	-	-	-	-	29,727	29,727
	Grants programme				-	-	-	-	-	-	-	-	-	30,389	30,389
	Advertising and marketing				-	-	-	-	-	-	-	-	-	4,908	4,908
	General expenses													24,014	24,014
	Travel expenses													1,470	1,470
	Technology													1,375	1,375

					-	-	-	-	-	-	-	-	-	-	-
			**Sub total **		2,591	-	-	-	-	-	-	2,591	2,591	202,087	202,087
A4 Asset and investment purchases, (see table) The Collective Living 35,000 - - 35,000 - - - - Sub total 35,000 - - 35,000 - *Total payments* 37,591 - - 37,591 202,087 ————~~——~~
	*Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*				- 25,337 - - - 25,337 76,848 - - - - - 38,115 - - 38,115 - 30,694 12,778 - - 12,778 46,154 =====>>

CCXX R1 accounts (SS)

20/07/2022

DocuSign Envelope ID: A594A137-8B19-45ED-BD85-2529D08A9542

Section B Statement of assets and liabilities at the end of the period

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Bank account|12,778|-|-| |-|-|-| |-|-|-| |Total cash funds|12,778|-|-| |SS| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |====| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |===| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |=|===| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|-| |-| |-| |-| |-| |=|===| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |REZA MERCHANT|20/07/2022|

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CCXX R2 accounts (SS)

20/07/2022