2024-12-31-accounts - The Rcrt Foundation

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Trustees' Annual Report for the period

Period start date Period end date

Day Month Year Day Month Year From 01 January 2024 To 31 December 2024

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||||||||| |---|---|---|---|---|---|---|---| |From|01|January|2024|To|31|December|2024| |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| |Dates acted if not for whole|Name of person (or body) entitled| |Trustee name|Office (if any)| |year|to|appoint|trustee|(if any)| |1|Lorenzo Guidi|Executive committee| |2|Alberto Garrone|Executive committee| |3|Ben Barnett|Executive committee| |4|Patrick Chautard|Executive committee| |5|Manila Raino|Executive committee| |6|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|

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Section A Reference and administration details

March 2012

TAR

Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Accountant Affinia 19 [th] Floor, 1 Westfield Avenue, London, E20 1HZ
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Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

CIO – ASSOCIATION REGISTERED Type of governing document (eg. trust deed, constitution) How the charity is constituted CHARITABLE INCORPORATED ORGANISATION (eg. trust, association, company) Trustee selection methods APPOINTED BY EXECUTIVE COMMITTEE (eg. appointed by, elected by)

Additional governance issues (Optional information)

Youmay chooseto 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.

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.

March 2012

TAR

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document 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)	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.
	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:  Education and schooling  Family Support  Clean sanitation, medical facilities and healthy diet  Sports and similar activities 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. RCRT will ensure that no trustee within the organisation will obtain a personal benefit from its activities. RCRT therefore wishes to directly effect, and have an impact on both children it will help directly via 3rd parties, but also the families and other peoples connected with the child. RCRT hope that by creating a sustainable structure for benefiting children, i.e. those youngest and most susceptible to inequalities, it will create the foundations for a better society in the future. This will be the 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.

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

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.

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:

Education and schooling

Family Support

Clean sanitation, medical facilities and healthy diet

Sports and similar activities
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.
RCRT will ensure that no trustee within the organisation will obtain a
personal benefit from its activities. RCRT therefore wishes to directly
effect, and have an impact on both children it will help directly via 3rd
parties, but also the families and other peoples connected with the child.
RCRT hope that by creating a sustainable structure for benefiting
children, i.e. those youngest and most susceptible to inequalities, it will
create the foundations for a better society in the future. This will be the
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.

March 2012

TAR

Additional details of objectives and activities (Optional information)

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 achievable criteria in order to ensure that the project is running as planned.

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

Section D Achievements and performance

Summary of the main RCRT’s achievements for the year were the completion of the Phase I of achievements of the charity a partnership project with two UK-based charities: the Felix Project and during the year Magic Breakfast.

The project is structured in two activities:

the distribution of food and breakfasts to disadvantaged children in two schools around London (where 10,000 meals were served)
training school and Magic Breakfast personnel on the ways of minimizing food waste (carried out by Felix Project).

Phase II has started around mid-year and is aimed at extending the reach of Phase I even further and reaching 2 additional schools.

RCRT has also supported, through a second grant a program sponsored by I TENNIS FOUNDATION, an Italian charity focused on providing young tennis talents the chance of training and competing at international level, in situations where the economic and/or geopolitical conditions of these boys and girls couldn’t allow for that to happen. RCRT has sponsored 12 months of training and accommodation in Turin, Italy, of 4 Ukrainian girls (with their mothers), as they had been displaced by the Ukrainian war-related events.

March 2012

TAR

Section E Financial review

Reserves are maintained for the use of further grants and donations in Brief statement of the 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 The charities principal sources of funds came from Trustee and corporate additional information, where donations during the period. These donations supported the funds relevant about: generated in the 2024 financial year.  the charity’s principal sources of funds (including any fundraising); The expenditure throughout the year supported the charitable causes of  how expenditure has the entity but directly funding overseas projects as per its set of objectives and criteria. supported the key objectives of the charity;  investment policy and There are no investment policies and objectives, all of the money is objectives including any expected to be spent on ongoing and new projects. 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 Signature(s) Full name(s) Lorenzo Guidi Position (eg Secretary, Chair, etc) Chair Date 30.10.2025 TAR 5 March 2012

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

Signed on behalf of the charity’s trustees

March 2012

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||||||||| |---|---|---|---|---|---|---|---| |Charity Name|No (if any)| |The RCRT Foundation|1157435| |Receipts and payments accounts|CC16a| |For the period|Period start date|Period end date| |To| |—|————|from|01/01/2024|31/12/2024| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest| |to the nearest £|to the nearest £|to the nearest £|to the nearest £| |£| |A1 Receipts| |Donations|14,558|-|-|14,558|124,695| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |14,558|-|-|14,558|124,695| |SS|AR)|SS| |A2 Asset and investment sales,| |(see table).| |-|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|- -| |Total receipts|14,558|-|-|14,558|124,695| |=| |A3 Payments| |Grants and donations paid|-|-|-|2,623| |Cost of fundraising events|26,316|-|-|26,316|45,953| |Cost of charitable activities|784|-|-|784|6,113| |-|-|-|-| |-|-|-|-| |-|-|-|-| |-|-|-|-|-| |Sub total|[ 27,100 ]|-|-|27,100|54,689| |—=|===|=| |A4 Asset and investment| |purchases, (see table)| |-|-|-|-| |-|-|-|-| |Sub total|[ - ]|-|-|- -| |SSS5|Total payments|27,100|-|-|S=|27,100|54,689| |Net of receipts/(payments)|- 12,543|-|-|- 12,543|70,006| |A5 Transfers between funds|-|- -|-|-| |A6 Cash funds last year end|101,693|- -|101,693|31,687| |Cash funds this year end|89,150|-|- 89,150|101,693| |=== ===|

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CCXX R1 accounts (SS)

23/09/2025

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|Natwest|89,150|-|-| |-|-|-| |-|-|-| |Total cash funds|89,150|-|-| |—====| |(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|-|-| |-|-| |-|-| |-|-| |-|-| |a7| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |iss| |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| |30.10.2025| |Lorenzo Guidi| |——| |CCXX R2 accounts (SS)|2|23/09/2025|

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