CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From
01 July 2021
Period end date
Period stsrt date To
30 June 2022
Charity name: The Alma Green Charity CIO
Charity registration number: 1168431
Objectives and Activities
SORP threnc*
Pala 1.17
Summary of the purposes of
the charity as set out in its
governing document
The object of the CIO is for the public
benefit to benefit such registered charities
or such charitable purposes and in such
proportions and in such manner and
subject to such terms and conditions as the
trustees in their
absolute discretion think fit from lime to
time.
This charity has not yet re￿IVed Its funding
so has not started on its activities.
However, it is expecting to receive funds in
the very near future,
Summary ofthe main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Slalemenl confirming
whether the trustees have
had regard lo the guidance
issued by the Charity
Commission on public
benefi't
Para 1.17aThJ
1.19
Para 1.IB
Confirmed
Additional infomiation (optlonal)
You ma
choose to include further statements where relevant about..
SOI<P refer8n
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Pats 1.38
Contribution made by
volunteers
Parn 1.38

Other
Achievements and Performance
SORP reference
As above. this charity has not yet re￿iVed
rts funding so has nol started on its
adivities.
Summary of the main
achievements ofthe charity.
identifying the differen￿ the
charity s work has made lo
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20
Additional infomiation (optional)
You ma
choose to include further statements where relevant about..
Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performan
against objectives
Pata 1.41
Other

Financial Review
Review of the charity s
financial position al the end
of the
riod
Statement explaining the
policy for holding reserves
slatin
are held
Amount of rese￿eS held
Reasons for holding zero
reserves
Details of fund materially in
deficil
Explanation of any
uncertainties about the
charity continuing as a going
concem
Para 1.21
The charity's policy on reserves will be
confirmed once funded
Para 1.22
Para 1.22
Para 1.22
1.24
Pafa 1.7J
Additional infomiation (optional)
You ma
choose to include further statements where relevant al)out:
The charity's principal
sources of funds (including
any fundraising)
Pata 1.47
Inveslmenl policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management
Description of charity's
trusts..
Type of governing document
il r hailer
How is the charity
constituted?
(e.g unincorporated
r.iilinn flPI
Trustee selection methods
including details of any
onstitutional provisions e.g.
election to post or name of
any person or body entitled
lo appoint one or more
trustees
Para 1.25
Trust Deed
Parn 1.25
cio
Para 1.25
By invitation from existing trustees
Additional information (optional)
You ma
choose to include further statements where relevant about..
Policies and procedures
adopted for the induction
and training of trustees
Paia 1.51
The charity's organisational
structure and any wider
network wilh which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other
Reference and Administrative details
Charit
name
Other name the charil
uses
istered charit
nUM￿r
Charity's principal address
The Alma Green Cha
cio
1168431
Fox Associate LLP
13 Sentinel Square,
Brent Street
LONDON NW4 2EL
UNITED KINGDOM

Names of the charity trustees who manage the charity
Date$ acted if not for whole
ear
Trustee name
Office Ilf anyl
Name of person lor bodyl entiued
oint trustee
if a
Mr Brett Palos
Sir Philip Green
10
12
13
14
16
17
18
19
20
Cor
orate trustees ~ names of the directors at the date the re
Director name
rtwasa
roved
Name of trustees holding ttlle to property belonging to the chanty
Tru$t¢e namtr
Dates acted if not for vlhole ear

Funds held as custodian trustees on behalf of others
Description of Ihe assets
held in this capacity
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and
segregalion of such assets
from the charity's own
assets
Addltlonal infomiation (optional)
Names and addresses of advisers (Optlonal Inforniation)
Type of
Name
Address
adviser
Name of chief executive or names of senior staff members (Optional infonnatlon)
Exemptions from disclosure
Reason for non-disclosure of ke
rsonnel details
Other o
tional information

Declarations
The trustees declare that th
avè appmed the trustees. report above.
Slgned on ￿half of t
charity's
stee8
Slgnatu
(s)
Full name(s)
Posltlon {eg Socretary,
Chalr, etc)
SIR PHILIP GRE
TRUSTEE
Date
0610512025

**Charity registration number 1168431** 

## **THE ALMA GREEN CHARITY CIO** 

**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022** 



## **THE ALMA GREEN CHARITY CIO** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

**Charity number** 

1168431 



## **THE ALMA GREEN CHARITY CIO** 

## **CONTENTS** 

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|report|1 - 2|
|Accountants' report|3|
|Balance sheet|4|





## **THE ALMA GREEN CHARITY CIO** 

## **REPORT** 

## _**FOR THE YEAR ENDED 30 JUNE 2022**_ 

The Alma Green Charity CIO present their annual report and financial statements for the year ended 30 June 2022. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with Alma Green Charity CIO, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). 

## **Objectives and activities** 

The objectives are to provide for the public benefit. The policies adopted in furtherance of these objective are to provide for designated charities and there has been no change in these during the year. 

## _Public benefit_ 

The Alma Green Charity CIO have paid due regard to guidance issued by the Charity Commission in deciding what activities we should undertake. 

## **Achievements and performance** 

## _Significant donations were made to designated charities_ 

## **Financial review** 

## _Reserves policy_ 

It is the policy of The Alma Green Charity CIO that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. It considers that reserves at this level will ensure that, in the event of a significant drop in funding, it will be able to continue it’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. 

## _Major risks_ 

The Alma Green Charity CIO have assessed the major risks to which it is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. 

## **Structure, governance and management** 

The Alma Green Charity is a CIO 

The Alma Green Charity CIO trustees who served during the year and up to the date of signature of the financial statements were Sir Philip Green and Mr. Brett Palos 

## _Recruitment and appointment of trustees_ 

None of The Alma Green Charity CIO trustees has any beneficial interest in the CIO. All are members of the CIO and guarantee to contribute £1 in the event of a winding up. 

The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU). 

The CIO's current policy concerning the payment of trade creditors is to: 

- settle the terms of payment with suppliers when agreeing the terms of each transaction; 

- ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and 

- • pay in accordance with the company's contractual and other legal obligations. 

Trade creditors of the company at the yearend were equivalent to nil day's purchases, based on the average daily amount invoiced by suppliers during the year. 

- 1 - 



## **THE ALMA GREEN CHARITY CIO** 

## **REPORT (CONTINUED)** 

## _**FOR THE YEAR ENDED 30 JUNE 2022**_ 

The report was approved by the Board: 

## **Sir Philip Green** 

11 June 2025 

- 2 - 



## **THE ALMA GREEN CHARITY CIO** 

## **CHARTERED ACCOUNTANTS' REPORT TO THE BOARD ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE ALMA GREEN CHARITY CIO FOR THE YEAR ENDED 30 JUNE 2022** 

In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of The Alma Green Charity CIO for the year ended 30 June 2022, which comprise the of the balance sheet and was derived from information and explanations you have given us. 

As a practicing member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation. 

This report is made to the charity's as a governing body, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Alma Green Charity CIO, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Alma Green Charity CIO and the charity's governing board as a body, for our work or for this report. 

It is your duty to ensure that The Alma Green Charity CIO has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of The Alma Green Charity CIO. You consider that The Alma Green Charity CIO is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report. 

We have not been instructed to carry out an audit or a review of the financial statements of The Alma Green Charity CIO. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. 

11 June 2025 

**Chartered Accountants Fox Associates** 

- 3 - 



## **THE ALMA GREEN CHARITY CIO** 

## **BALANCE SHEET** 

## _**AS AT 30 JUNE 2022**_ 

|**Notes**<br>**Current assets**<br>Cash at bank and in hand<br>Net current assets<br>**The funds of the**<br>Interest received<br>Unrestricted income funds<br>Unrestricted funds<br>The financial statements were approved by the on 11 June|**2022**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>2025|**2021**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-|**2021**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-|
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## **Trustee** 

**- 4 -**