OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← The Rcrt Foundation

2023-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 January 2023 To 31 December 2023

Section A Reference and administration details

Charity name THE RCRT FOUNDATION Other names charity is known by THE RCRT FOUNDATION Registered charity number (if any) 1157435 Charity's principal address 30 Burnaby Street London Postcode SW10 0PJ

Names of the charity trustees who manage the charity

1
2
3
4
5
6		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Lorenzo Guidi Executive committee
Alberto Garrone Executive committee
Ben Barnett Executive committee
Patrick Chautard Executive committee
Manila Raino Executive committee
Sonja Laud Executive committee

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

1

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 Affinia 19thFloor, 1 Westfield Avenue, London E20 1HZ
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

CIO – ASSOCIATION REGISTERED

How the charity is constituted CHARITABLE INCORPORATED ORGANISATION

Trustee selection methods APPOINTED BY EXECUTIVE COMMITTEE

(eg. appointed by, elected by)

Additional governance issues (Optional information)

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

The charity considers all risks on a project by project basis ensuring that all monies received are spent in the most compliant way possible with the charity’s governing set of rules.

The charity is run by the executive committee where all trustees are key members of the charity raising funds and organising events of the charity. There is no wider organisation structure beyond the executive committee and there are no related parties or conflict of interests.

As part of the charities grant given scheme they maintain a wider network of unrelated charities in order to identify projects and schemes worthwhile of their donations.

The trustees are made aware on a regular basis of the major risks associated with the above and how to manage them.

Section C Objectives and activities

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

The RCRT Foundation (“RCRT”) was created in 2014 with the mission to select impactful and inspiring projects and to offer them to donors who value transparency and believe in our hands-on, asset-management-like approach.

TAR

March 2012

2

The RCRT Foundation has been set up to help children both in the United Kingdom and overseas who have been disadvantaged in a number of ways. This includes not having correct and proper access to:

The purpose of RCRT Foundation (RCRT) is deemed to be beneficial as via its grant giving and charitable activity it will ensure that those children who are most at need will have access to the same human rights, as well as health and educational conditions similar to those in wealthier countries and areas.

RCRT do not believe that the actions and purpose of the charity will cause harm or detriment to the public, and / or people of whom it has set out to benefit.

Summary of the main activities undertaken for the RCRT will ensure that no trustee within the organisation will obtain a public benefit in relation to personal benefit from its activities. RCRT therefore wishes to directly these objects (include within effect, and have an impact on both children it will help directly via 3[rd] this section the statutory parties, but also the families and other peoples connected with the child. declaration that trustees have had regard to the guidance RCRT hope that by creating a sustainable structure for benefiting issued by the Charity children, i.e. those youngest and most susceptible to inequalities, it will Commission on public create the foundations for a better society in the future. This will be the benefit) main drive of the educational element of RCRT.

Whilst this is the long term plan of the charity, the short and medium term ambition is to dramatically improve the lives of the people that they are working with. This is to be obtained by the family support, health and sporting elements of the charity’s aim.

Family support- this will help both children and parents be aware of the benefits that a close emotional and physical bond can create. By putting into place the structure this allows for growth and structure towards the longer term plan.

Health- access to all items noted before will enrich the children’s lives allowing for a more joyful and sustainable lifestyle in the future.

Sports and other activities- will bring the benefit and ethos of both team work, whilst furthering the benefit that has arisen from the health work.

Additional details of objectives and activities (Optional information)

TAR

March 2012

3

The RCRT Foundation, due to the business background of its executive committee take its policy on grant making and review of the grants as a high priority.

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

Grant making is only provided after an extensive Due Diligence process and the signing of an MOU (Memorandum of Understanding). This details the key criteria on which the funds are spent and how it is managed. Subsequent to this the charity and the executive committee maintain a strict reporting and achievables criteria in order to ensure that the project is running as planned.

Section D Achievements and performance

TAR

March 2012

4

Section D Achievements and erformance p

Summary of the main ACHIEVEMENTS achievements of the charity during the year 2019 has been a year of net income as a result of ongoing support by the trustees and events. The Nottin Da donated a large £14,000 to the charity. Due to the cyclical nature of the charity the trustees are looking to use the 2020 period as a time to grant the funds and reserves raised in the 2019 year. The main projects that the charity has funded in the 2019 year are as follows. Humanwire Butterfly Project: RCRT is partnering with Salam LADC, to fund the education programme carried out at the Butterfly Effect Centre, with the objective of helping 300 children to catch up with the lost curriculum, to ‘learn-to-learn’ and - at the end of the year - to successfully enrol in the public education system. United World Schools: RCRT is partnering with UWS to fund the construction, the set-up and first year operations of each school. After Year One, each school will be partnered with more affluent schools around the world in order to provide continued financial sustainability . SAMS: RCRT is partnering with SAMS, to entirely fund the operations carried out at SAMS’ paediatric facility in Idlib (for a 12-month period), where thousands of children and women are treated every year. Wine to Water: With the support of RCRT, a total of 11,641 individuals have had their lives transformed through the provision of water and improved sanitation & hygiene – this excellent result almost doubled the original objectives and has been achieved by targeting high impact locations such as schools and community gathering points. In addition, RCRT funded the purchase of an air compressor in a view to enable the excavation of deeper and higher capacity wells through harder soil and rock. This long-term investment is expected to support a commercially sustainable well-drilling business, whose proceedings will be reinvested in further charity water projects. Baan Dek: RCRT Partner the Access2Education Project has provided after-school sessions and the Smile Holidays Program to give the kids the support they need to enrol in school and successfully integrate into the formal education system. Dr. Q: RCRT Partner Dr. Alfredo Quiñones-Hinojosa - the world-famous neurosurgeon from the John Hopkins University School of Medicine - leads a yearly mission trip to Mexico, where, together with his team, he

TAR

March 2012

5

Section D Achievements and erformance p

performs critical neurosurgery procedures on children and adults in the province of Guadalajara.

Grassroots Soccer:

RCRT Partner the Grassroot Soccer (“GRS”) which is a charitable organization which uses the power of sport to educate and inspire young people to live healthy and productive lives. GRS trains local role models such as soccer players, teachers and community leaders to deliver an interactive AIDS prevention and life skills curriculum to at-risk youth. Swinfen Charitable Trust:

RCRT provided funding to build a new clinic, inaugurated in 2013, giving access to healthcare facilities to few small villages in the Khalte region in Nepal, high in the Himalayan mountains, where local people are regularly subject to outbreaks of life-threatening diseases

TAR

March 2012

6

Section E Financial review

Brief statement of the

Reserves are maintained for the use of further grants and donations in the following financial year.

charity’s policy on reserves

Details of any funds materially No funds materially in deficit. in deficit

Further financial review details (Optional information)

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

The charities principal sources of funds came from Trustee and corporate donations during the period. These donations supported the funds generated in the current financial year.

The expenditure throughout the year supported the charitable causes of the entity but directly funding overseas projects as per its set of objectives and criteria.

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

Signature(s) Full name(s) Lorenzo Guidi Position (eg Secretary, Chair, etc) Chair Date 18/03/2025

TAR

March 2012

7

The RCRT Foundation
Charity Name		 The RCRT Foundation
Charity Name		 The RCRT Foundation
Charity Name		 1157435
No (if any)		 1157435
No (if any)		 1157435
No (if any)		 CC16a
For the period
from		 01/01/2023
Period start date		 To 31/12/2023
Period end date
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
124,695
-
-
124,695
-
-
-
124,695
16,740
27,182
10,767
-
54,689
-
-
-
54,689
70,006
-
31,687
101,693		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
124,695
-
-
124,695
-
-
-
124,695
16,740
27,182
10,767
-
-
-
-
54,689
-
-
-
54,689
70,006		 Last year
to the nearest £
Donations 124,695 9,915
- -
- -
Sub total(Gross income for
AR)		 124,695 9,915
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
9,915
Grants and donationspaid 16,740 5,702
Cost of fundraisingevents 27,182 3,000
Cost of charitable activities 10,767 1,460
-
-
-
- -
**Sub total ** 54,689 10,162
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
10,162
70,006 - - 70,006 - 247
- - - - -
31,687 - - 31,687 31,934
101,693 - - 101,693 31,687

CCXX R1 accounts (SS)

27/06/2025

1

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
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Natwest
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
101,693
-
-
-
-
-
101,693
-
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
Lorenzo Guidi		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Lorenzo Guidi 13/03/2025

CCXX R2 accounts (SS)

27/06/2025

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees

Charity Name The RCRT Foundation

On accounts for the year 31 December 2023 Charity no 1157435 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2023 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 13/03/2025 Name: Richard Lane FCA Relevant professional ICAEW qualification(s) or body (if any): Address:

Oct 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER