2021-04-05-accounts

Trustees’ Annual Report for the period

From 06.04.2020 Period start date To Period end date 05.04.2021

Charity name: 90 Degrees South Foundation

Charity registration number: 1163898 Objectives and Activities

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SORP reference
Summary of the Para 1.17 The purpose of the charity
purposes of the charity continues to be making grants
as set out in its and contributing to deserving
governing document causes.
Summary of the main Para 1.17 and The Trustees have invited
1.19
activities in relation to applications from projects or
those purposes for the organisations that required
public benefit, in funding to help them carry out
particular, the activities, their purpose. The Trustees then
projects or services consider the applications and
identified in the made grants where appropriate.
accounts. Covid has restricted other
charitable works that may have
been considered.
Statement confirming Para 1.18 The Trustees confirm they had
whether the trustees regard to the guidance issued by
have had regard to the the Charity Commission on public
guidance issued by the benefit.
Charity Commission on
public benefit
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Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by

volunteers Other

Achievements and Performance

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SORP reference
During the period under review
the Trustees considered the
various applications and made
Summary of the main Para 1.20 grants to five (2020 – thirteen)
achievements of the separate good causes.
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.
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Additional information (optional)

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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review

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Review of the charity’s Para 1.21 The Trustees consider the
financial position at the financial position at the end of
end of the period the period to be satisfactory.
Statement explaining Para 1.22 The Trustees will hold sufficient
the policy for holding reserves to meet all known and
reserves stating why anticipated expenditure
they are held requirements.
Amount of reserves held Para 1.22 At the period end the charity held
£15,896 in reserves.
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Trust Deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 As a CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 The current Trustees set up the
methods including charity and there is no
details of any expectation that there will be any
constitutional provisions changes in the foreseeable
e.g. election to post or future.
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)

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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name 90 Degrees South Foundation
Other name the charity N/A
uses
Registered charity 1163898
number
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Charity’s principal PO Box 943
address Richmond
Surrey
TW9 9GR
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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 Naomi Kay Chair
2 Tom Davis
3 Jamie Davis
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for
whole year
N/A
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Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements N/A for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Naomi Kay Full name(s) Naomi Kay

Position (eg Chair Secretary, Chair, etc)

Date 21.01.2022

Charity Name No (if any) 90 Degrees South Foundation 1163898

Receipts and payments accounts

For the period Period start date Period end date To from 06.04.2020 05.04.2021

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Contribution by Trustee 10,000 - - 10,000
Other income 400 - - 400
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
10,400 - - 10,400
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 10,400 - - 10,400
A3 Payments
Donations to good causes 4,000 - - 4,000
Overheads 1,145 - - 1,145
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 5,145 ] - - 5,145
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 5,145 - - 5,145
Net of receipts/(payments) [ 5,255 ] - - 5,255
A5 Transfers between funds - - - -
A6 Cash funds last year end 10,641 - - 10,641
Cash funds this year end [ 15,896 ] - - 15,896
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Section B Statement of assets and liabilities at the end of the period

			Unrestricted		Restricted
Categories	Details		funds		funds
B1 Cash funds		Total cash funds	to nearest £ 15,896 - - 15,896		to nearest £ - - - -
	(agree balances with receipts and payments account(s))		OK	OK
			Unrestricted		Restricted
			funds		funds
B2 Other monetary assets	Details		to nearest £ - - - - - -		to nearest £ - - - - - -
B3 Investment assets	Details		Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details		Fund to which asset belongs	Cost (optional) -
charity’s own use					- - - - - - - -
B5 Liabilities	Details		Fund to which liability relates		- - - - - Amount due (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
	Naomi Kay		Naomi Kay

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CC16a
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Last year

to the nearest £ 25,000 - - - - - - - 25,000

25,000

-

25,000 - - 25,000

Endowment funds to nearest £ - - - -

OK

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional)

When due (optional)

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Date of
approval
21.01.2022
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