## **Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year 01 02 2020 31 01 2021
**From**
**To**
## Section A Reference and administration details
**Charity name** Future Bright Trust **Other names charity is known by Registered charity number (if any)** 1159359 **Charity's principal address** Paddock House Rectory Road Piddlehinton Dorset **Postcode DT2 7TE**
## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Susan Hennessy Chair
2 Andrew Fort Treasurer
3 Shelley Poole
4 Rebecca Howard
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **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 How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
Agreed by fellow trustees
- (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;
- Chair undertakes to induct new Trustees – history and purpose of the charity; familiarisation with Trust document; roles undertaken by individual trustees; meetings frequency and structure; strategic priorities
- Chair undertakes to introduce new Trustees to the wider group of volunteer supporters and helpers
- The key external relationship is with The Community of the Resurrection of Our Lord, Grahamstown, South Africa.
- Trustees discuss possible risks at their meetings. At present there are deemed to be no significant risks.
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
March **2012**
**TAR**
2
The advancement of education of orphans in South Africa, particularly but not exclusively, those in the care of The Community of the Resurrection of Our Lord in Grahamstown.
## **Summary of the objects of the charity set out in its governing document**
Funds have been raised by the following means;
1. Personal donations – mostly one-off and but increasingly as regular gifts from supporters, family and friends of the Trustees
2. A fundraising event held in the Chairman’s garden in July 2019
**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)**
3. Donations from online shopping platform Give as you Live and Amazon Smile
4. Sales of notebooks created using children’s art
In all activities Trustees have had full regard to the guidance issued by the Charity Commission on public benefit.
## **Additional details of objectives and activities (Optional information)**
March **2012**
**TAR**
3
Grantmaking
The policy and practice of grant making during this year was identical to previous years; ie.
You **may choose** to include further statements, where relevant, about:
After receiving itemised statements of expenditure incurred by the Sisters of the Community of our Lord, Grahamstown, to meet the costs of education for the children in their care, the equivalent sum has been sent by international transfer or by cash courier to their bank account.
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
March **2012**
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Section D Achievements and performance
## **Summary of the main achievements of the charity during the year**
The key achievement is that, even in the difficult circumstances presented by the coid-19 pandemic, sufficient funds were raised to meet the full cost of educating, for the year 2019 – 2020, the 5 orphaned children in the care of the Sisters of the Community of the Resurrection, Grahamstown, South Africa.
A further transfer of money was made to the interest bearing bank account opened last year. This money will help to ensure that the Trust is building the financial resources for future expenditure as the children get older and the costs of their education inevitably increase from present levels. It is entirely possible that some of the children will be candidates for university and we wish to support such aspiration.
It has not been possible for the Chairman to make her regular visits to South Africa because of the pandemic. Instead she has maintained close contact with the Mother Superior of the Community of the Resurrection and the children via video calls.
## **Section E Financial review**
March **2012**
**TAR**
5
## **Brief statement of the charity’s policy on reserves**
- Reserves are currently held on deposit with Future Bright Trust’s bankers, who provide free currency transfers. Our policy is to make transfers to our interest bearing account with The Charity Bank Limited when we consider it is prudent to do so.
## **Details of any funds materially 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**
**Signature(s)** S K Hennessy **Full name(s)** Susan Kathleen Hennessy **Position (eg Secretary,** Chair **Chair, etc) Date** 25.10.2020
March **2012**
**TAR**
6
## **Total Receipts & Payments**
## Future Bright Trust For the year ended 31 January 2021
|**Unrestricted**
**2021**
Previous Yea
Donations-one off
£4,402.11
Everyclick
£71.55
£98.25
Garden Party
£0.00
£3,507.45
HMRC GiftAid
£2,498.92
£0.00
InterestIncome
£171.99
£190.58
Other
£0.00
£35.60
Notebooks
£240.67
Regular Donations
£4,295.00
£3,480.00
Stewardship
£1,856.27
£109.12
**Total Receipts**
**£13,536.51**
**£7,421.00**
**Receipts**|**Unrestricted**
**2021**
Previous Yea
Donations-one off
£4,402.11
Everyclick
£71.55
£98.25
Garden Party
£0.00
£3,507.45
HMRC GiftAid
£2,498.92
£0.00
InterestIncome
£171.99
£190.58
Other
£0.00
£35.60
Notebooks
£240.67
Regular Donations
£4,295.00
£3,480.00
Stewardship
£1,856.27
£109.12
**Total Receipts**
**£13,536.51**
**£7,421.00**
**Receipts**|
|---|---|
|**Total Receipts**
**£13,536.51**
**£7,421.00**||
|Cost of Notebooks
£43.31
Other Educational Expenses
£1,373.29
£450.41
General Expenses
£60.00
£35.00
School Fees
£4,203.25
£2,149.58
**Total Payments**
**£5,679.85**
**£2,634.99**
**Payments**||
|**Total Payments**
**£5,679.85**
**£2,634.99**||
|||
|**Net Receipts / (payments)**|**£7,856.66**
**£4,786.01**|
|**Balance brought forward**
**£38,053.86**||
|Balance carried forward
£45,910.52
Made up of
Current Account
£13,766.93
Deposit Account
£32,143.49
Total Cash
**£45,910.42**||
## Approval of the accounts
The financial statements were approved at a meeting of the management committee and signed on its behalf by
Signed:____________________________________________________
Name: Andrew Fort