2020-10-31-accounts - The Huracan Foundation

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 1 11 2019 To 31 10 2020

Section A Reference and administration details

Charity name The Huracan Foundation Other names charity is known by Registered charity number (if any) 1170153 Charity's principal address Flat 12 Kevere Court Kewferry Drive, Northwood Postcode HA6 2NF

The Huracan Foundation

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
AndySmith		Board of Trustees
Roberto Agostini		Board of Trustees
Chris Carter	Nov to Dec 2019	Board of Trustees
HenryMay		Board of Trustees
Ian Milligan		Board of Trustees
DannyChalkley	Nov 2019 to Apr 2020	Board of Trustees
Simon Burgess	Nov 2019 to Oct 2020	Board of Trustees
Cormac van der Hoeven	Jun to Oct 2020	Board of Trustees












Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name	Dates acted if not for whole year
Same as above

THF Annual Report

December 2020

Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Foundation model constitution

(eg. trust deed, constitution)

How the charity is constituted Charitable Incorporated Organisation

(eg. trust, association, company)

Trustee selection methods Appointed by charity Trustees (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

The Huracan Foundation currently sources it’s teacher project leaders via the Teach For All (TFA) network which operates across nearly 60 countries. TFA teachers provide a good match with The Huracan Foundation aims, being highly motivated and primarily operating in disadvantaged communities.

Covid – 19 considerations have affected to varying degrees our five 2019/20 projects. All projects have operated within local country guidelines and that has reduced the amount of ‘physical’ contact time project leaders have been able to spend with their students. This has partly been compensated by project leaders being able to work remotely with students, both ‘virtually’ via mobile phones (if possible given lack of internet connectivity and affordability of devices) and home / village visits where able to do so.

Monthly data reporting (e.g. of activity levels) and regular communications with all project leaders means trustees remain close to local project situations and can provide necessary advice and intervention as required.

All projects are funded in two stages across the year and second stage funding depends on a successful first few months which is reviewed formally via a mid-year project review. This year, second stage funding also depended on the outlook for the project over the rest of the year. If Covid – 19 restrictions were so restrictive to not allow effective use of funds, then funds were retained by The Huracan Foundation or at least at that stage. Due to the latter conditions, not all 5 projects could effectively utilise second stage funding, hence not all anticipated funds were released.

While Covid – 19 conditions are expected to ease across 2021, this will vary and fluctuate around the world. The Huracan Foundation will continue to support it’s projects and maintain local country flexibility. But this will be carried out within a clear project review structure so that second stage funding is released based on (i) successfully achieving first stage project targets and (ii) local Covid – 19 conditions allow effective use of second stage funds

THF Annual Report

December 2020

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)	The object of The Huracan Foundation is: To advance the lives of young people of school age through: (a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals; (c) Financial support for international charitable organisations to deliver projects using football as a tool for motivation and learning.
	Aims & activities: Supporting teachers to use football as a tool for social transformation in low-income communities. What the charity does: Education/training Who the charity helps: Children/young people How the charity works: Makes grants to individuals Makes grants to organisations Provides advocacy/advice/information Acts as an umbrella or resource body What our organisation does to achieve its purpose: The Huracan Foundation funds, supports and empowers teachers (for example, graduates from the Teach for All network) from across the world to advance the lives of young people and transform the low-income communities around their schools, through football-based projects.

Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)

The object of The Huracan Foundation is:
To advance the lives of young people of school age through:
(a) The provision of recreational and leisure time activities provided in the
interest of social welfare, designed to improve their conditions of life;
(b) Providing support and activities which develop their skills, capacities
and capabilities to enable them to participate in society as mature and
responsible individuals;
(c) Financial support for international charitable organisations to deliver
projects using football as a tool for motivation and learning.

Aims & activities:
Supporting teachers to use football as a tool for social transformation in
low-income communities.
What the charity does:
Education/training
Who the charity helps:
Children/young people
How the charity works:
Makes grants to individuals
Makes grants to organisations
Provides advocacy/advice/information
Acts as an umbrella or resource body
What our organisation does to achieve its purpose:
The Huracan Foundation funds, supports and empowers teachers (for
example, graduates from the Teach for All network) from across the
world to advance the lives of young people and transform the low-income
communities around their schools, through football-based projects.

Additional details of objectives and activities (Optional information)

THF Annual Report

December 2020

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

THF Annual Report

December 2020

Section D Achievements and erformance p

Summary of the main This year has seen the resignation of two trustees (Chris Carter and achievements of the charity Danny Chalkley) and the introduction of two new ones (Simon Burgess during the year and Cormac van der Hoeven). Both bring strong education experience with Simon having worked for Teach For All and Cormac a secondary school teacher and an original Huracan FC London member. Planned group fundraisers had to be cancelled due to Covid – 19 factors, with individual donor contributors accounting for the majority of income via fundraiser events; give as you earn schemes and a new monthly Direct Debit programme. The Huracan Foundation was also selected as Brambletye School’s Charity of the Year for academic year 2020/21. Since Sept 2019, we have been supporting the 5 selected projects in Peru, Ghana, Nepal, Armenia and UK. Ably led by the teacher project leaders, they have delivered excellent results across their education objectives, including some additional specific targets in reducing child alcoholism (Peru), reducing early teenage female marriages (Nepal) and increasing self-esteem amongst aged 9/10 females (UK). Since March 2020, Covid-19 has impacted all projects but (i) students who had already participated in projects by March have benefited from that involvement through recent months (ii) teacher contact and some student activities have been maintained remotely and (iii) project adjustments have been made e.g. special computer tablets being purchased to share amongst Peru students who are particularly remote with limited computer and connectivity access. Following 33 applications in 2019, growing demand for the kind of support The Huracan Foundation can provide saw an increase to 47 applications in summer 2020. We selected 5 new projects from Uganda (2), Mexico, Nepal and UK and despite continued Covid – 10 challenges, ran a successful training and on boarding week for the new project leaders via zoom November 2020. This on – boarding Kick Off Week involves sees a number of expert sessions delivered via a combination of Huracan Foundation trustees and external professionals. We also held a panel session of leading individuals from around the world involved in using ‘football for good’. This was well attended by existing and potential new supporters. The second half of the year has seen us create and build The Huracan Academy, a digital platform of content to help project leaders in the successful delivery of their projects. First used in the November 2020 on– boarding week, it is an ongoing tool for project leaders and a platform to which we will add.

THF Annual Report

December 2020

Section E Financial review

Brief statement of the charity’s policy on reserves

The charity regularly monitors and reports to the Trustees the financial position of the charity, this includes reporting any future expenditures. This ensures that the operating expenditures will never exceed the charity’s reserves.

Details of any funds materially The charity is not in deficit of any funds. in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Roberto Agostini Ian Milligan Position Treasurer Chair (eg Secretary, Chair, etc) Date 17 Dec 2020

THF Annual Report

December 2020

Account Description Income Total Income Cost of Sales Total Cost of Sales Gross Margin Expenses Overhead Total Overheads Financial	Nov 2019	Dec 2019	Jan 2020	Feb 2020	Mar 2020	Apr 2020	May 2020	Jun 2020	Jul 2020	Aug 2020	Sep 2020	Oct 2020	Annual

	698.78 (264.98) 433.80 (556.59)	2 441.92 15.06 2 456.98 (704.40)	488.55 - 488.55 (562.20)	966.84 (177.41) 789.43 (563.54)	500.83 (295.80) 205.03 (579.39)	340.82 - 340.82 (612.54)	1 960.74 - 1 960.74 (611.71)	243.78 (355.38) (111.60) (579.70)	2 750.99 - 2 750.99 (1 360.89)	205.72 - 205.72 (1 109.04)	175.05 - 175.05 (563.54)	5 448.43 (1 087.98) 4 360.45 (563.54)	16 222.45 (2 166.49) 14 055.96 (8 367.08)
Total Financial Total Expenses Profit Before Tax Tax Profit After Tax	(7.66) (564.25) (130.45)	(52.63) (757.03) 1 699.95	(23.99) (586.19) (97.64)	(27.80) (591.34) 198.09	(23.99) (603.38) (398.35)	(23.99) (636.53) (295.71)	(23.99) (635.70) 1 325.04	(29.40) (609.10) (720.70)	(28.64) (1 389.53) 1 361.46	(28.49) (1 137.53) (931.81)	(23.99) (587.53) (412.48)	(34.27) (597.81) 3 762.64	(328.84) (8 695.92) 5 360.04
	-	-	-	-	-	-	-	-	-	-	-	-	-
	(130.45)	1 699.95	(97.64)	198.09	(398.35)	(295.71)	1 325.04	(720.70)	1 361.46	(931.81)	(412.48)	3 762.64	5 360.04
PAT to Date	(130.45)	1 569.50	1 471.86	1 669.95	1 271.60	975.89	2 300.93	1 580.23	2 941.69	2 009.88	1 597.40	5 360.04
Assets Fixed Assets Current Assets Bank Total Assests Liabilities Current Liabilities Long Term Liabilities Total Liabilities Total Assets - Total Liabilities Equity Opening Balances Reserves Earnings Total Equity




	-	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-	-
	1 479.55	2 279.50	2 181.86	2 379.95	1 981.60	1 685.89	3 010.93	2 290.23	3 651.69	2 719.88	2 307.40	6 070.04	6 070.04

	1 479.55	2 279.50	2 181.86	2 379.95	1 981.60	1 685.89	3 010.93	2 290.23	3 651.69	2 719.88	2 307.40	6 070.04	6 070.04




	900.00	-	-	-	-	-	-	-	-	-	-	-	-

	-	-	-	-	-	-	-	-	-	-	-	-	-

	900.00	-	-	-	-	-	-	-	-	-	-	-	-

	579.55	2 279.50	2 181.86	2 379.95	1 981.60	1 685.89	3 010.93	2 290.23	3 651.69	2 719.88	2 307.40	6 070.04	6 070.04




	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09	2 511.09

	(1 931.54)	(231.59)	(329.23)	(131.14)	(529.49)	(825.20)	499.84	(220.86)	1 140.60	208.79	(203.69)	3 558.95	3 558.95

	579.55	2 279.50	2 181.86	2 379.95	1 981.60	1 685.89	3 010.93	2 290.23	3 651.69	2 719.88	2 307.40	6 070.04	6 070.04