.
Trlends| | or
Friends of Hereward
Trustees Annual Report for Year End 31°* December 2021
The Friends of Hereward College Trust, charity No 1159732, is constituted as a Charitable Incorporated Organisation (CIO) the foundation registered 29° December 2014. The charity’s investment powers are defined in the Deed of Trust. Its registered address is at Hereward College, Bramston Crescent, Tile Hill Lane, Tile Hill, Coventry CV4 9SW
Membership:
The charity trustees who were appointed by resolution of the existing trustee body, were during the year to 31* December 2021:
Simon Shackleton (Trustee and Chairman)
Paul Cook (Trustee)
Jayne Taylor-Farren (Trustee) -
Financial Statement 1% January 2020 to 31°t December 2021 — Summary (Full statements as attached)
Income:
Donations
£500
Expenditure:
Student Trips 337 Coffee Machine and Play Station 3,518
Year End Balance
£28,036
Activities and Trust Status
The College returned to site following the COVID-19 Pandemic 2020 offsite working and restrictions. However, to ensure a safe return to site many activities were still restricted including the Breakfast club and Indigo shop. Enterprise ideas have been re-formulated though for the current academic year 2020/23. The Indigo shop idea has been expanded in to a street market with two other pop-up facilities to facilitate all three pathways. FOHC welcome the opportunity to use some of the Indigo Shop funds to promote this enterprise.
The coffee machine was purchased (from restricted reserves) was delayed due to the pandemic but it is now installed and was made ready for the Spring term 2022 and is a key component of the student run café by the Hospitality programme.
Trustee Membership
Deb Reynolds was be removed from the Charity Commission register.
Jayne Taylor-Farren will be removed from the Charity Commission register as she has resigned her role as Trustee.
Paul Cook has joined the Charity as a Trustee.
Other persons are being canvassed to join as trustees.
Plans
The objectives of the Charity remain to assist the advancement of education by provision of assistance and benefit for the students of Hereward College and for such charitable purposes that are connected with or support the College.
The trustees have identified the following objectives:
-
e Broaden College involvement, including student representation on the Board of Trustees (although students and their supporters would not be trustees). To this end a new business start-up “Business in Action” will report to the Charity and student representatives will be coopted and attend meetings of the Charity to develop their enterprise and skills.
-
e It is intended that through the activities of Business in Action, Hospitality and the Street Markets then funds will be re-invested to further develop each business.
-
e To identify during the year a suitable investment to further promote sporting activity by disposing of restrictive reserves (£1,632) held for several years Power Chair Football, Heart of England and Cov. General Charities — Sports.
----- Start of picture text -----
e To help improve the health and wellbeing of College students post pandemic. y
x
Signed [on] [behalf] [of] [the] [board] [of][ trustees.] for the meeting 14" October 2022 Lw o , VAA oe#F
Simon Shackleton . { < — js, Paul Cook Gl
Chairman and Trustee Trustee
----- End of picture text -----
friendsot HerewardCollege
FRIENDS OF HEREWARD
FINANCIAL STATEMENTS TO 31ST DECEMBER 2021
FRIENDS OF HEREWARD FINANCIAL STATEMENTS TO 31ST DECEMBER 2021
INCOME AND EXPENDITURE ACCOUNT
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Income | ||
| Donations | 500 | 165 |
| Breakfast Club | - | 353 |
| Indigo takings | - | 1,127 |
| 500 | 1,644 | |
| Expenditure | ||
| Gifts to Hereward College | 3,518 | - |
| Student trips and activities | 337 | - |
| Indigo expenses | - | 521 |
| 3,855 | 521 | |
| Surplus/(deficit)forperiod | (3,355) | 1,124 |
FRIENDS OF HEREWARD FINANCIAL STATEMENTS TO 31ST DECEMBER 2021
BALANCE SHEET
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Current Assets | ||
| Cash at bank | 31,356 | 31,206 |
| Debtors Hereward College | - | 185 |
| 31,356 | 31,391 | |
| Creditors | ||
| Hereward College | 3,320 | - |
| NetAssets | 28,036 | 31,391 |
| Represented by:- | ||
| Reserves B/fwd | 31,391 | 30,267 |
| From Income & Expenditure | (3,355) | 1,124 |
| Total Reserves | 28,036 | 31,391 |
| BREAKDOWN OF RESERVES | ||
| Unrestricted reserves | 5,746 | 5,247 |
| Restricted Reserves | ||
| Indigo profits | 19,966 | 23,455 |
| Hereward Enterprise | 692 | 1,058 |
| Power Chair Football | 777 | 777 |
| Heart of England | 802 | 802 |
| Cov General Charities - Sports | 53 | 53 |
| 28,036 | 31,391 |
----- Start of picture text -----
Approved by the2G trustond2 Ma A aVa
Signed eve KEE tis he Gaseeveeneestore Date alti ates bodurs Luniannonconne
\ Fate
N\A y f” a - '
Slane... AetherTAY a lecenmeneateitonacccée,wor ae all = =—~ Date J Nye~) [ReoR
Simon Shackleton .
----- End of picture text -----