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2025-03-31-accounts

Trustees’ Annual Report and Receipts & Payments Accounts

For the period 1 April 2024 to 31 March 2025

A. Reference and Administrative Details

Charity Name:

GFY SHELTERS

Charity Registration Number: 1163993

Principal Office:

44 Barnes Close

LEICESTER

LE4 7WD

Trustees who served during the period:

Bankers:

N/A

B. Structure, Governance and Management

Governing Document

The charity is governed by a Constitution adopted on 01/01/2024.

Legal Status

The charity is a registered charity in England and Wales.

Trustee Recruitment and Appointment

Trustees are appointed at the Annual General Meeting (AGM). New trustees are inducted and provided with guidance on their legal responsibilities.

Organisational Structure

The charity is managed by the trustees, who meet quarterly. Day-to-day activities are carried out by volunteers. The charity has no paid employees.

Risk Management

The trustees have assessed the major risks to which the charity is exposed and have implemented appropriate procedures to mitigate these risks, including financial controls and safeguarding measures.

C. Objectives and Activities

Charitable Objectives

The charity’s objective is to relieve poverty among individuals experiencing homelessness in the United Kingdom.

Activities for Public Benefit

In furtherance of these objectives, the charity undertakes the following activities:

The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

D. Achievements and Performance

During the financial year, the charity:

These activities have contributed to improving the wellbeing and dignity of vulnerable individuals.

E. Financial Review

Financial Position

Total receipts for the year amounted to £15,600 . Total payments were £13,200 , resulting in a net surplus of £2,400 .

Principal Sources of Funds

Reserves Policy

The charity aims to maintain unrestricted reserves sufficient to cover approximately three months of expenditure. At the year end, reserves stood at £2,400.

Financial Controls

The trustees have implemented appropriate financial controls, including dual authorisation of payments and regular review of bank statements.

F. Plans for Future Periods

The charity intends to:

G. Trustees’ Responsibilities Statement

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.

The trustees are satisfied that the charity has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis in preparing the accounts.

Receipts and Payments Accounts

H. Statement of Receipts and Payments

(For the year ended 31 March 2025)

Unrestricted Funds

Receipts:

Total Receipts: £15,600

Payments:

Total Payments: £13,200

Net Receipts for the Year: £2,400

I. Statement of Assets and Liabilities

(As at 31 March 2025)

Cash Funds:

Total Cash Funds: £2,400

Other Monetary Assets:

None

Liabilities:

Net Assets: £2,400

J. Notes to the Accounts

  1. Basis of Accounting

These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011.

  1. Fund Accounting

  2. All funds are unrestricted.

  3. Trustee Remuneration and Expenses

No trustees received remuneration or reimbursement of expenses during the year.

4. Related Party Transactions

There were no related party transactions.

K. Declaration

The trustees declare that they have approved the Trustees’ Annual Report and accounts. Signed on behalf of the charity:

Brandon gill Jackson Coppen (Trustee)

Date: 03/04/2026