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2020-08-31-accounts

The Titan Children’s Trust

Annual Report and Financial Statements for the Year Ended 31 August 2020

Charity number: 1163736

The Titan Children’s Trust

Contents of the Annual Report and Financial Statements for the year ended 31 August 2020

Page
Trustees’ report 1 – 5
Accountants’ report and trustees approval certificate 6
Statement of financial activities 7
Balance sheet 8

Charity number: 1163736

Trustees’ Annual Report

1[st] September 2019 – 31[st] August 2020

REFERENCE AND ADMINISTRATION DETAILS

The Titan Children’s Trust 109 Derby Road Duffield Belper Derbyshire DE56 4FQ

Telephone number: 01332 840272 Email address: info@titantrust.org.uk Registered charity number: 1163736

Trustees: Mr Felix Frixou Chair of Trustees Mrs Sharon Frixou Trustee Mrs Gail Cox Trustee Mr Robert Collis Trustee Mrs Jane Collis Trustee Mrs Sarita Buswell Secretary

Acted for whole year Acted for whole year Acted for whole year Acted for whole year Acted for whole year

Voluntary support ended in September 2019

There are no advisers and all trustees provide their services on a voluntary basis and hold the required level of DBS certificate.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The structure of the charity is governed by the content in its constitution document, as detailed in the Trust’s Charitable Incorporated Organisation (CIO) document.

This includes how the trust will operate, including appointment of trustees.

In addition to the constitution the trust holds meetings on a two-monthly basis, these are held to review the trust income, potential fundraising events, support provided and planning for future events. Additional meetings are arranged to discuss specific events, this is further support by a “What’s App” group chat. The group chat is used for a variety of reasons, a key one being quick decision making on urgent requests.

The use of the annual business plan is currently under review, on the basis that a lot of the activities are currently short term.

Relationships have been built with Belper and Duffield Services Rotary Club, Derbyshire Children’s Holiday Centre in Skegness, Derbyshire County Council Social Services. Additional relationships are being looked into as the role of social services provision in the UK changes, the outcome is placing more responsibility onto local authority schools.

OBJECTIVES AND ACTIVITIES

The objects of the constitution are;

“We are passionate that across the East Midlands there is an opportunity for all young people to have access to activities, recreation and support.”

Please see a copy of the trustee declaration attached.

No funds were received from grants or contracts from central government, local authority or any other organisation, no funds were invested or received from sources outside the UK.

Contributions are received from a number of volunteer sources, who give their time to arrange, manage and promote the fundraising. As companies are required to have a policy and demonstrate charitable support we are starting to see regular monthly donations from some organisations. In addition to this a range of professionals support the trust by giving their time in supporting fundraising (i.e. dance teachers, sports coaches).

No arrangements or agreements are in place with external professional fundraisers or commercial participators.

An online organisation (Stripe) is used to enable supporters/reviewers of the website to make a donation online, this is currently under review as there is low income from it. Opportunities for fundraising are continually being looked into. The outcome of this is we have registered with an online fundraising organisation (Easyfundraising), supporters register and any online purchases raise a donation for the trust. Support is also provided by the trust for advertising material along with promotion on the trust’s social media platforms.

Pin badges are still being used to generate income and assist in promoting the trust via various platforms including social media. Our Facebook page and website hosts various pictures with the trust supporters (public, sportsman, fundraisers, supporters) pointing to their badges to generate appeal. Pop up banners, posters and stickers are used additionally as marketing material.

ACHIEVEMENTS AND PERFORMANCE

The Covid -19 pandemic has had an effect on our year’s work due to the restrictions placed upon everyone, however, we persevered to identify how we could provide support.

There are a number of activities undertaken through the year, some of which roll on each year. All activities undertaken establish and develop long term relationships with a number of organisations. These provide physical, financial or both support to the trust, enabling these activities to continue;

These activities appeared on various social media sites and appear on our website.

FINANCIAL REVIEW

Please see the attached documentation for the detailed analysis of accounts.

All funds are unrestricted and no funds are materially in deficit.

All funds are from donations, fund raising events and sponsored activities.

Just Giving were used to aid collecting of monies. Links for donating through Just Giving were situated on our Facebook page and website.

DECLARATION

The Trustees declare that they have approved the Trustees’ Annual Report.

Signed on behalf of the Trustee’s who approved the above report via email confirmation.

Signature: _____ Full Name: Robert Collis ________ Position: Trustee _________ Date: 15[th] June 2021 ____________

The Titan Children’s Trust Charity number: 1163736 For the year ended 31 August 2020

Accountant’s report to

The Titan Children Trust

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Titan Children’s Trust and from information and explanations supplied to us.

Cedar + Co. Chartered Certified Accountants The Greenhouse 106-108 Ashbourne Road Derby DE22 3AG

Date:………………………………………

Trustees Approval Certificate

We approve the financial statements and confirm that we have made available all relevant records and information for their preparation.

Mr F Frixou – Chair of Trustees

Date:………………………………………….

The Titan Children’s Trust Charity number: 1163736 Income and Expenditure For the year ended 31 August 2020

Donations
Bank
Cash
Expenditure
JustGiving Fees
Fundraising Expenses
Computer Expenses
Equipment
Donations and Activities
Miscellaneous Expenses
Trustees Expenses
Bank Charges
Surplus for year
7,112
2,253
Total
2020
£
9,365
3,991
12,276
1,050
Total
2019
£
13,326
6,601
0
667
0
100
3,112
112
0
0
7
485
12
0
6,090
0
7
0
5,374 6,725

The Titan Children’s Trust Charity number: 1163736 Balance sheet as at 31 August 2020

Current Assets
Cash at bank and in hand
Creditors
Total Assets
Represented By
Retained Surplus B/F
Surplus During Year
2020
2019
£
£
66,971
61,597
-
-
66,971
61,597
61,597
54,872
5,374
6,725
66,971
61,597