The Titan Children’s Trust
Annual Report and Financial Statements for the Year Ended 31 August 2022
Charity Number: 1163736
The Titan Children’s Trust
Contents of the Annual Report and Financial Statements for the year ended 31 August 2022
| 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 2021 – 31[st] August 2022
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 Acted for whole year Mrs Sharon Frixou Trustee Acted for whole year Mrs Gail Cox Trustee Acted for whole year Mr Robert Collis Trustee Acted for whole year Mrs Jane Collis Trustee Resigned 31[st] January 2022 Mrs Claire Kavanagh Trustee Acted for whole year Mr Jason Kavanagh Trustee Acted for whole year
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 “WhatsApp” 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 annual business plan is currently under review, on the basis that a lot of the activities are currently short term.
Relationships are constantly being sought and developed as the needs arise in the communities we serve, this is also impacted by central funding changes which impact local services. This has resulted in a move towards closer contact with schools as they are now seeing more need, though relationships with social services are still maintained. Some of the key relationships are with Belper and Duffield Rotary Club, Oakwood School Alvaston Derby, Derby & Derbyshire County Council Social Servicer, Derby Tennis Centre.
OBJECTIVES AND ACTIVITIES
The objects of the constitution are;
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To advance in life and help young people living in Derbyshire and East Midlands through;
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A) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their condition of life.
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B) Providing support and activities which develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals.
“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 of the UK.
Contributions are received from a number of sources (both private and commercial), who give their time to arrange, manage and promote the fundraising. As the trust becomes more established, contacts with organisations are becoming more frequent, something which we are looking to grow to enable the long-term aim of a Trust hun to be established and maintained. One of the results of this is being nominated by the National Federation of Demolition Contractors and the Duffield Women’s Institute as their charities of the year. In addition to this we have been informed that we are named in an individuals will as a beneficiary, sadly the individual has now passed, and work is ongoing with their executors.
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 trust’s website to make a donation online, this is to be maintained as whilst it is low income from it the system works for a minimal cost. Easyfundraising is used and provides a monthly income from registered users who purchase online through this portal, there is an objective to increase by increasing the number of users. Various other types of advertising material are used (pin badges, leaflets, stickers etc.) along with promotion on the trust’s social media platforms.
Our Facebook page and website hosts pictures with the trust supporters (public, sportsman, fundraisers, supporters) pointing to their pin badges to generate appeal.
ACHIEVEMENTS AND PERFORMANCE
Sadly, the Covid-19 pandemic continued to have an effect on our years work due top the restrictions placed upon everyone, however, we persevered to see 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 to support the trust, enabling these activities to continue.
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One of the rollover projects is that static caravan in Skegness which enables the trust to continually provide a benefit to individuals and families, improving their well-being by providing a place of safety away from their everyday environment. All families have their own story for requiring and using this facility from need a break to develop or rebuild relationships, through to having the first family holiday together. Feedback is sought to ensure we are meeting the needs of the families involved, to date all feedback has been positive. There is also a benefit to the public at the home address as the families improve their social interaction locally. Despite the impact of Covid-19 we managed 13 bookings in during the seasonal opening period of 2022, work is ongoing to improve the bookings. Feedback from the nominees has identified some issues (i.e., cost of travel, food, and entertainment), solutions are being looked at to encourage greater uptake.
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The bike appeal from 2018 still provides some cycles though very small volume. However, we continue to provide bikes to individuals when required. The bikes are still given a safety check and repaired as required. We are helping environment, recycling usable items, and helping children lead a healthier lifestyle.
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At xmas 2021 we supplied around 34 food hampers, an increase from the 2020 number of 20 (70% increase). These were distributed around a number of local organisations for passing on to local families.
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Late May 2022 saw the opening of Second Love Duffield selling high end preowned clothing. The items sold with the proceeds being split between the owner and the charity. This should have provided the charity with an ongoing revenue stream which may be used to support the long-term aim of the Hub, if successful. Whilst it is early days the indications are that it is viable proposition.
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The Charities first golf day was held in June 2022 at the Chevin golf course. The day ran as most golf days do but with some additional activities not seen on the traditional golf day. This was followed in the evening with an open invitation for partners to attend and a live band. Feedback from the day was very positive with requests for dates of the 2022 day requested.
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School summer holiday of 2022 saw Derbyshire Tennis Centre hold a summer camp, which the trust funded. This was well received by all concerned with discussions ongoing on how this can be expanded.
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Planning has also commenced on the charities 1[st] charity ball, which has been delayed due to the pandemic. The venue is booked, and the outline of the evening events planned, discussions ongoing regarding the fine detail. Tickets are being produced and sales are starting.
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A fundraising sky dive planned for August 2021 was delayed again in the 2022 year due to unforeseen circumstances, the intention is for summer 2023 to see this take place.
Overall, this has been a challenging year as we move out of Covid-19 restrictions and manage activities to reengage with all parties, in the main we managed to achieve a lot of engagement. The opportunities over the next 12 months are to further develop our relationships, publicise the trust to a greater audience, build on our successful fundraising and to gain further recognition for the charity.
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 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 Trustees who have approved the above report via WhatsApp Group confirmation.
Signature: _______
Full Name: Felix Frixou
Position: Chairman
Date: ____
The Titan Children’s Trust
Annual Report and Financial Statements for the Year Ended 31 August 2022
Accountants 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 Childrens Trust and from information and explanations supplied to us.
Tomkinson Teal Limited Hanover Court 5 Queen Street Lichfield Staffordshire WS13 6QD
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
Annual Report and Financial Statements for the Year Ended 31 August 2022
| Total 2022 £ |
Total 2021 £ |
||||
|---|---|---|---|---|---|
| Donations Bank Cash Secondlove Income Chevin Golf Day |
25,293 185 6,810 4,080 |
3,571 544 - - |
|||
| 36,368 | 4,115 | ||||
| Expenditure Secondlove Expenses Caravan Expenses |
10,718 3,157 |
- - |
|||
| Admin Expenses | 13 | - | |||
| Fundraising Expenses | 378 | 146 | |||
| Computer Expenses | 58 | - | |||
| Golf Day Expenses Charity Ball Expenses |
2,998 39 |
- - |
|||
| Donations and Activities | 5,062 | 4,866 | |||
| 22,423 | 5,012 | ||||
| Surplusforyear | 13,945 | (897) |
The Titan Children’s Trust
Annual Report and Financial Statements for the Year Ended 31 August 2022
| Current Assets Cash at bank and in hand Creditors Total Assets Represented By Retained Surplus B/F Surplus During Year |
2022 £ 2021 £ 80,020 66,074 |
|---|---|
| - - |
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| 80,020 66,074 |
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| 66,074 66,971 13,946 (897) |
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| 80,020 66,074 |