Charitable Incorporated Organisation No. 1169750
Charitable Incorporated Organisation No. 1169750
STORIES FOR LIFE
TRUSTEES REPORT AND RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
STORIES FOR LIFE
TRUSTEES REPORT AND
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
STORIES FOR LIFE
STORIES FOR LIFE CONTENTS
CONTENTS
Trustees Report
1 - 3
Receipts and Payments Accounts
Statement of Assets and Liabilities
Notes to the Accounts
Page
Trustees Report 1-3
Receipts and Payments Accounts 4
Statement of Assets and Liabilities 5
Notes to the Accounts
6
STORIES FOR LIFE TRUSTEES REPORT STORIES FOR LIFE The report and receipts and payments accounts have been prepared in accordance with the guidance issued by the Charity Commission Legal and administrative information TRUSTEES REPORT ; Charity name Stories for Life Organisation Registration No. FOR THE 1169750 YEAR ANDED 31ST DECEMBER 2024 25 Combermartin Road charitable Our trustees are pleased to present their annual report together with receipts and payments accounts for the incorporated organisation (the charity) for the year ended 31st December 2024 FOR THE YEAR ANDED 31ST DECEMBER 2024 Registered Office Charitable Incorporated
London
SW18 5PP
Trustees
Barbara Altounyan Chair Our trustees are pleased to present their annual report together with receipts and payments accounts for the Claire Ryan Carter Resigned charitable Sunil Sheth incorporated Resigned organisation (the charity) for the year ended 31st December 2024 David Smith Resigned The John Greenwood report and receipts and payments accounts have been prepared in accordance with the guidance issued Phil Loutsis by the Charity Commission’ Ayla Ronald Yos Noor
Legal Debbie Usiskin and administrative information Charity Review - Annual Review Charity name Stories for Life . Charitable incorporated young people a sense of who they are in the world Organisation - 1 - Registration No. 4169750 Registered Office 25 Combemartin Road London SW18 5PP Trustees Barbara Aitounyan Chair : Claire Ryan Carter Resigned , Sunil Sheth Resigned David Smith Resigned John Greenwood Yos Noor Phil Loutsis Ayla Ronald Debbie Usiskin those in hospices and care homes, hospitals and other charities and multi faith organisations passing on the enriching and valuable leaming and stories of life and lives, which give families, children and Being able to grow our impact and unlock the extraordinary tales of our storytellers. The changes they have experiences to bring contributions to our cause and to expand our remit from recording the life stories of For Stories for Life the challenges during the past year have been in relation to drawing from our past lived through, experienced and seen as invaluable, not only to our storytellers. It plays an important role in We have further potentialised the advancement by increasing our hospice biographers with an increase in training sessions
For Stories for Life the challenges during the past year have been in relation to drawing from our past experiences to bring contributions to our cause and to expand our remit from recording the life stories of those in hospices and care homes, hospitals and other charities and multi faith organisations
We have further potentialised the advancement by increasing our hospice biographers with an increase in training sessions
,
_Being able to grow our impact and unlock the extraordinary tales of our storytellers. The changes they have ' lived through, experienced and seen as invaluable, not only to our storytellers . It plays an important role in passing on the enriching and valuable leaming and stories of life and lives, which give families, children and * young people a sense of who they are in the world
,
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STORIES FOR LIFE
STORIES FOR LIFE brings to individuals, families, loved ones and communities We are looking forward to continuing to learn and to grow our impact and measuring the benefits our work
We have received the final donation from Pure Cremation which has enabled us to have a small excess of
TRUSTEES REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2024
We have adequate resources of unrestricted funds to support our plans. The trustees have sought to TRUSTEES REPORT ensure that Stories for Life has policies and procedures to ensure good governance and financial practices to give organisations to strengthen the charities position in the FOR THE YEAR future ENDED 31ST DECEMBER 2024 confidence to future potential donors and funders and this coupled with the future donations for prospective income over our expenditure
Reserves Policy
As required by the Charities Commission, the trustees have considered the need to ensure sufficient
reserves are in place to safeguard the charity's ongoing operations. It is the aim of the charity's trustees to
hold unrestricted funds at a level sufficient to cover six months operating costs once sufficient incoming
resources have b e e n achieved
a safe retur on any available funds in the low return investment market that presently We are looking forward exists to continuing to learn and to grow our impact and measuring the benefits our work
Going Concern brings to individuals, families, loved ones and communities continue in operation The trustees are aware that the charity aims to retain a prudent amount of reserves and wi l seek to optimise The trustees continue to limit expenditure to the level of incoming resources to ensure the charity is able to Investment Policy
We have received the final donation from Pure Cremation which has enabled us to have a small excess of income over our expenditure The Charitable Incorporated Organisation (the Charity) operates under its own constitution and is registered Structure government and management Governing document
with the Charities Commission in England. The Charity was registered on 18th October 2018
The Members of the Board of Trustees members of the board of trustees who served during the period and upto the date of this report are We have adequate resources set of unrestricted funds to support our plans. The trustees have sought to ensure out on page 1 Recruitment and appointment of that Trustees Stories for Life has policies and procedures to ensure good governance and financial practices to give are initially appointed for a term of 2 to 4 years. The trustees are encouraged to ensure they understand confidence to future potential their donors and funders and this coupled with the future donations for prospective responsibilities for governance and also the sector in which the charity organisations to operates strengthen the charities position in the future The Charity's policy is to invite suitable qualified professionals to become trustees to the charity. Trustees Organisational structure and decision making
Decisions are taken by the trustee board as a whole. Trustees meet at least quarterly
The trustees are responsible for the management of the risks faced by the charity including new and existing projects Reserves Policy
As required - 2 - by the Charities Commission, the trustees have considered the need to ensure sufficient reserves are in place to safeguard the charity’s ongoing operations . It is the aim of the charity's trustees to hold unrestricted funds at a level sufficient to cover six months operating costs once sufficient incoming resources have been achieved
Investment Policy
The trustees are aware that the charity aims to retain a prudent amount of reserves and will seek to optimise a safe retum on any available funds in the low return investment market that presently exists
Going Concern
The trustees continue to limit expenditure to the level of incoming resources to ensure the charity is able to continue in operation
Structure government and management
Governing document
The Charitable Incorporated Organisation (the Charity) operates under its own constitution and is registered with the Charities Commission in England. The Charity was registered on 18th October 2018
Members of the Board of Trustees
The members of the board of trustees who served during the period and upto the date of this report are set out on page 1
Recruitment and appointment of Trustees
The Charity’s policy is to invite suitable qualified professionals to become trustees to the charity. Trustees are initially appointed for a term of 2 to 4 years. The trustees are encouraged to ensure they understand their responsibilities for governance and also the sector in which the charity operates
Organisational structure and decision making
Decisions are taken by the trustee board as a whole. Trustees meet at least quarterly
The trustees are responsible for the management of the risks faced by the charity including new and existing projects
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STORIES FOR LIFE
Organisational structure and decision making ( continued) Procedures and written policies are in progress to ensure compliance with then safeguarding of STORIES FOR LIFE vulnerable beneficiaries and the General Data Protection Regulation
TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
TRUSTEES REPORT the provisions of the goveming document which are detailed in note 2 to the accounts. No further payments Remuneration of the management personnel of the charity comprise of the board of trustees. No salaries were paid to the key management personnel in relation to the financial year ended 31st December 2024 The founder who is also a trustee is due accrued fees for services supplied in 2017 to set up the charity under
were made against the outstanding balance during 2024
The trustees declare that they have approved the Trustée Report FOR THE YEAR above ENDED 31ST DECEMBER 2024 Approved by the Board of Trustees forissue on. 25 / 9/2 and agreed on its behalf by
Organisational structure and decision making ( continued)
Barbara Aliounyan Chair
Chair of Board of Trustees Procedures and written policies are in progress to ensure compliance with then safeguarding of vulnerable beneficiaries and the General Data Protection Regulation
Remuneration of the management personnel of the charity comprise of the board of trustees. No salaries were paid to the key management personnel in relation to the financial year ended 31st December 2024 The founder who is also a trustee is due accrued fees for services supplied in 2017 to set up the charity under the provisions of the goveming document which are detailed in note 2 to the accounts. No further payments were made against the outstanding balance during 2024 The trustees declare that they have approved the Trustee Report above Approved by 3 - the Board of Trustees for issue on... 2S.f..F..f.2-Cand agreed on its behalf by ae.
Barbara Aliounyan Chair
Chair of Boardof Trustees
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STORIES FOR LIFE
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
Unrestricted Restricted Total Total
Funds
Funds
Note 2024 2023 Cash Funds STORIES FOR LIFE
Barclays Current Account 336 336 555 Barclays Deposit Account STATEMENT 64,009 OF ASSETS 64,009 58,135 AND LIABILITIES
FOR THE 64,345 YEAR ENDED 64,345 58,590 31ST DECEMBER 2024
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||||||||
|---|---|---|---|---|---|---|
|Creditors|2,029|2,029 1,040|
|Accrued Expenses|
|13,200|
|879|879|879|Unrestricted|Restricted|Total|Total|
|16,108|16,10814,079|Funds|Funds|
|48,237|48,23743,573|
|Note|2024|2023|
|£°|£|£|£|
|Cash|Funds|
|Barclays|Current|5 -|Account|336|336|555|
|Barclays|Deposit Account|64,009|64,009|58,135|
|64,345|64,345|58,590|
|Liabilities|
|Creditors|2,029|2,029|1,040|
|Accrued|Expenses|
|Hospice liaison and|charity set up fees|13,200|13,200|13,200|
|Expenses|in|respect of|the foregoing|879|879|879|
|16,108|16,10814,079|
|Charity|Reserves|at 31st December 2024|48,237|48,23743,573|
|Charity Reserves at 31st December 2024|
|Hospice|liaison and charity set up|fees|
|Expenses in respect of the|foregoing|
|The|notes on Page 6 form part of these|accounts|
|13,200 13,200|
|Liabilities|
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The notes on Page 6 form part of these accounts
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STORIES FOR LIFE
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Unrestricted Restricted Total Total
Funds Funds
Note 2024 2023
Total Receipts STORIES FOR LIFE 422,843 41,415
| ⼦ ⼦ ⼦ ⼦ 42,843 Total Receipts STORIES FOR LIFE |
422,843 41,415 | |||||
|---|---|---|---|---|---|---|
| Operating expenditure | ||||||
| StoryLiaison and pilotpreparation Training Costs 23,960 250 23.960 36,124 250 964 RECEIPTS AND PAYMENTS ACCOUNTS |
||||||
| Fundraisingandadministration 13.967 |
13,967 5,277 | |||||
| ⼀ FOR THE YEARENDED 31ST |
DECEMBER | 2024 | ||||
| 38.177 | 38,177 42,515 | |||||
| Unrestricted | Restricted | Total | ||||
| NetIncome(Expenditure) 4,666 |
4,666 (1,100) | |||||
| CashFunds at 1st January2024 58,690 |
58,690 59,790 | Funds | Funds | |||
| 63,356 | 63,356 58,690 | |||||
| Note | 2024 | |||||
| £ £ |
£ | £ | 1 | |||
| Thenotes on Page 6 form part of these Total Receipts |
notes on Page 6 form part of theseaccounts | 42,843 | 422,843 41,415 | |||
| - 4 = |
||||||
| Operating expenditure | ||||||
| Story Liaison and pilot | preparation | 23,960 | 23.960 | 36,124 | ||
| Training Costs | 250 | 250 | 964 | |||
| Fundraising and administration | 13.967 | 13,967 | 5,277 | |||
| 38.177 | 38,177 42,515 | |||||
| Net Income (Expenditure) | 4,666 | 4,666 (1,100) | ||||
| Cash Funds at 1stJanuary 2024 | 58,690 | 58,690 | 59,790 | |||
| 63,356 | 63,356 | 58,690 |
The notes on Page 6 form part of these accounts
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STORIES FOR LIFE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
- Transactions with related parties and Trustees
The Charity has accrued fees of £13,200 at 31st December 2024 ( 2023 £13,200) relating to an agreed
payment for services supplied at a substantial discount by the Founder, Barbara Altounyan for work
undertaken in setting up the Hospice Network and volunteer training programmes. The liability remains
outstanding at the date of signing the accounts. Unpaid operational expenses incurred during the initial set
STORIES FOR LIFE up phase by the Founder amounting to £ 879 are an accrued liability as at 31st December 2024 ( 2023 £879) Carter in the sum of £3144 for a task which all of the trustees approved A transaction for reward with a trustee was undertaken between the charity and the trustee Claire Ryan
- Information required by the Charitable Incorporated Organisations ( General) Regulations 2012
No guarantees have been given by the Charity and there are no secured liabilities at 31st December NOTES TO THE ACCOUNTS 2024
FOR THE YEAR ENDED 31ST DECEMBER 2024
1. Transactions with related parties and Trustees
The Charity has accrued fees of £13,200 at 31st December 2024 ( 2023 £13,200) relating to an agreed payment for services supplied at a substantial discount by the Founder, Barbara Altounyan for work undertaken in setting up the Hospice Network and volunteer training programmes. The liability remains outstanding at the date of signing the accounts . Unpaid operational expenses incurred during the initial set up phase by the Founder amounting to £ 879 are an accrued liability as at 31st December 2024 ( 2023 £879) A transaction for reward with a trustee was undertaken between the charity and the trustee Claire Ryan Carter in the sum of £3144 for a task which all of the trustees approved
2.Information required by the Charitable Incorporated Organisations ( General) Regulations 2012
No guarantees have been given by the Charity and there are no secured liabilities at 31st December 2024
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INDEPENDENT ACCOUNTANTS REPORT TO THE TRUSTEES OF
STORIES FOR LIFE
INDEPENDENT ACCOUNTANTS REPORT TO THE TRUSTEES OF Opinion STORIES FOR LIFE ; agreement with the books of account kept by the charity ‘ and Payments account, Statement of Assets and Liabilities and related notes set out on pages 1 - 6. These Payments Account Statement of Assets and Liabilities and the related notes on page 1 to 5 are in Entities (FOSE) effective April 2016 under historical and cost convention (i) The financial statements for the year ended 31st December 2024 comprising the Receipts and The financial statements of Stories for Life for the year ended 31st December 2024 comprising the Receipts Financial statements have been prepared in accordance with the Financial Reporting Standard for Sma l
- (i) On the basis of the information received in those books of account the Receipts and Payments
Account, Statement of Assets and Liabilities the related notes on pages 1 to 5 for the year ended
31st December 2024 comply with the requirements
_ The financial statements of Stories for Life for the year ended 31st December 2024 comprising the Receipts A Gi Aceto, and Armiche Payments account, Statement of Assets and Liabilities and related notes set out on pages 1 — 6. These Date 15 Walton Road financial statements have been prepared in accordance with the Financial Reporting Standard for Small Kent Tonbridge TN10 4EE Entities ( FOSE) effective April 2016 under historical and cost convention (lii) The financial criteria allowing the production of accountants report instead of a full audit has been Ron Gill Accountancy Associates
-
Opinion ; (i) ThePaymentsfinancialAccount statementsStatementfor theof year Assets endedand 31stLiabilities Decemberand 2024the related comprisingnotes the Receipts on page 1 to and5 are in agreement5 with the books of account kept by the charity ;
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(ii) On the basis of the information received in those books of account the Receipts and Payments Account, Statement of Assets and Liabilities the related notes on pages 1 to 5 for the year ended 31st December 2024 comply with the requirements
(iii) The financial criteria allowing the production of accountants report instead of a full audit has been
met
Ron Gill Accountancy Associates
15 Walton Road
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