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2023-04-30-accounts

Snap Foundation Activity Report – 2022/2023

Trustees:

Graham Dodridge, Matt Hurley, Alison Masters, Remy Whiting, Phil Brown

About Snap

Snap was formed in 2015 by Graham Dodridge and Remy Whiting, driven by a shared passion for photography and the desire to empower disadvantaged children by giving them a voice through imagery. Using photography as a creative and educational tool, Snap aims to inspire and develop children worldwide. By engaging volunteer professional photographers, students, and enthusiasts, we create unique photography programs for children aged 10-16. These programs give the children a platform to share their perspectives through photography, allowing their work to be exhibited, shared, and sold, promoting both their talent and the mission of Snap.

Current Status and Review

While Snap was initially focused on a South African teaching program, the foundation has expanded its vision to explore other opportunities globally. At present, Snap Foundation is in a state of stasis, with no current income or expenditures as our volunteer trustees undertake a thorough review of our direction and potential future projects. This review will help determine the next steps for Snap and identify the best path forward in the coming years.

Program Updates

There are no current plans to run any trips or workshops in the immediate future, either internationally or within the UK. Given the uncertainty and evolving global situation, we are pausing all initiatives to ensure the safety and success of any future efforts. Snap's trustees are in the process of evaluating potential avenues for future growth and partnerships, both locally and internationally, and will update stakeholders when a decision has been made.

Future Sponsorship and Volunteer Engagement

As the charity undergoes this period of reflection, discussions around sponsorship and volunteer recruitment are also on hold. Once a clear strategy is in place, we will revisit past conversations and engage new opportunities for sponsorship and volunteer involvement. We remain committed to involving volunteers and supporters when the foundation is ready to move forward with renewed purpose.

Website and Social Media

The Snap Foundation website and social media platforms will remain live, but inactive until we have new material or updates to share. Once our future direction is clearer, we will relaunch these platforms to reflect any changes and re-engage with our audience. Updates to the website will include clearer navigation for potential volunteers and sponsors, as well as any new programs that may arise from our strategic review.


This revised report provides transparency about the charity's current state while keeping stakeholders informed of future possibilities.

Charity No
(if any)
1159051
Period start date
01/05/2022
To
Period end
date
30/04/2023
Snap Foundation
Annual accounts for the period
Charity No
(if any)
1159051
Period start date
01/05/2022
To
Period end
date
30/04/2023
Snap Foundation
Annual accounts for the period
Section A s
Statement of financial activities
Recommended categories by
activity
Guidance Note
Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
Resources expended (Note 6)
Expenditure on:
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
Extraordinary items
S16
S17
S18
Other gains/(losses)
S19
S20
Reconciliation of funds:
S21
S22
1
Total
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before investment
gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
£
£
F01
F02
F03
F04
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Prior year
funds
£
F05
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,980
-
-
1,980
-
-
-
-
60
-
-
60
-
2,225
-
-
2,040
-
-
2,040
2,225
2,040
-
-
-
2,040
-
2,225
-
-
-
-
-
-
2,040
-
-
-
2,040
-
2,225
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,040
-
-
-
2,040
-
2,225
-
12,825
-
-
12,825
15,050
10,785
-
-
10,785
12,825

Section B Balance sheet

Fixed assets
Intangible assets (Note 15)
Tangible assets (Note 14)
Heritage assets (Note 16)
Investments (Note 17)
Total fixed assets
Current assets
Stocks (Note 18)
Debtors (Note 19)
Investments (Note 17.4)
Cash at bank and in hand (Note 24)
Total current assets
Creditors: amounts falling due within
one year (Note 20)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 20)
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds (Note 27)
Restricted income funds (Note 27)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees
Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10

B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21
Unrestricted
funds
£
F01
-
-
-
-

Restricted
income
funds
£
F02
-
-
-
-
Endowment
funds
Total this
year
£
£
F03
F04
- -
- -
- -
- -
Total last
year
£
F05
-
-
-
-
- - - - -
-
-
-
10,785
-
-
-
-
- -
- -
- -
- 10,785
-
-
-
12,825
10,785 - - 10,785 12,825
-
- - - -
10,785 - - 10,785 12,825
10,785 - -10,785 12,825
-
-
-
-
-
-
- -
- -
10,785 - -
10,785
12,825
- - -
-
- -
-
-
-
-
- - - - -
Signature Graham Dodridge
Print Name
Date of
approval
dd/mm/yyyy
15/08/2023

CC17a (Excel)

16/09/2024

2

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes  * -Tick as appropriate No

Please disclose:

(i) the nature of the change in accounting policy;

(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes  No  * -Tick as appropriate

Please disclose:

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

YesNo   * -Tick as appropriate

Please disclose:

CC17a (Excel)

16/09/2024

3

Section C Notes to the accounts (cont)

Note 3 Analysis of income

----- Start of picture text -----
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts - - - - -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total - - - - -
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME - - - - -
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
----- End of picture text -----

CC17a (Excel)

16/09/2024

4

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

----- Start of picture text -----
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and
social lotteries - - - - -
Staging fundraising events
- - - - -
Fudraising agents - - - - -
Operating charity shops - - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Filming for Charity promotional video 1,980 - - 1,980 2,200 - - 2,200
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable
activities 1,980 - - 1,980 2,200 - - 2,200
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Bank charges 60 - - 60 25 - - 25
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure 60 - - 60 25 - - 25
TOTAL EXPENDITURE 2,040 - - 2,040 2,225 - - 2,225
Other information:
----- End of picture text -----

Other information: Other information:
Analysis of expenditure on charitable activities
This year Last year
Activity or programme Activities
undertaken
directly
Grant
funding of
activities
Support
Costs
Total this
year
Activities
undertaken
directly
Grant
funding of
activities
Support
Costs
Total last
year

CC17a (Excel)

16/09/2024

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----- Start of picture text -----
£ £ £ £ £ £ £ £
Activity 1 - - - - - - - -
Activity 2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -
----- End of picture text -----

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand
Other
Cash at bank and on hand
Total
Short term cash investments (less than 3 months maturity date)
Short term deposits
This year
Last year
£
£
-
-
-
-
10,785
12,825
-
-
10,785
12,825

CC17a (Excel)

16/09/2024

7