## **Trustees’ Annual Report** **Period start date: 01 April 2020 Period end date: 31 March 2021** **Charity name: Myriad Foundation CIO** **Charity registration number: 1172183** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Myriad Foundation is established in order to:
●Promote community cohesion and social harmony.
●Tackle poverty and isolation among socio-
economically challenged demographics of society.
●Enlighten society on the true beliefs and teachings of
Islam.
●Actively participate in existing projects and bring new
projects that encourage inclusive welfare and relief.
●Establish links with educational, social and political
establishments.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|To deliver its purpose, Myriad Foundation
●Operate a soup kitchen in Manchester city centre on a
weekly basis.
●Operate a foodbank and food parcel delivery service
in Levenshulme on a bi-weekly basis.
●Provide educational resources and presentations to
aid schools in the teaching of Islam.
●Deliver basic IT workshops for the elderly.
●Facilitate initiatives with local mosques to encourage
the local community to visit and learn about Islam.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees confirm that they have considered the charity
commission’s guidance on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Contribution made by
volunteers|Para 1.38|Myriad Foundation is a 100% voluntary run organisation. It is
with the support and dedication of our volunteers that Myriad
Foundation is able to provide continuous weekly support to
those suffering from poverty and isolation due to old age in
Manchester. Volunteers have committed over 2000 hours of
time to community work in Manchester.| ## **Achievements and Performance** ||SORP
reference|| |---|---|---| |Summary of the main
achievements of the 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.|Para 1.20|The COVID-19 pandemic was ongoing throughout the whole of
this financial period and has impacted the way Myriad
Foundation provided support to the community.
Particularly, due to Government restrictions a number of our
services were unable to operate and as such, projects
including “My Social Buddy” where volunteers attend care
homes and hospices were placed on hold until it was
appropriate to restart in line with health and Government
guidelines.
Despite Government restrictions across a number of projects,
Myriad Foundation adapted to the changing needs of society
by launching new services and adapting the delivery of existing
services.
Notably, Myriad Foundation was one of the first organisations
in Manchester to launch a self-isolation support project
whereby our volunteers delivered care packages to vulnerable
people self-isolating as result of the COVID-19 pandemic. Our
volunteers utilised existing resources and processes to deliver
food and essential supplies to those unable to leave their
homes. During the year Myriad Foundation continued its food
bank operation, “Feed a Friend”, however operating similarly to
the self-isolation project by delivering food parcels directly to
those in need. Throughout the course of the year the food bank
distributed nearly 5 tonnes of food and relied on over 500
hours of volunteer time to help the community.
Myriad Foundation has continued to operate and run a soup
kitchen, “Soup N Smiles”, in Manchester City Centre
continuously throughout the year on a bi-weekly basis. The
soup kitchen is the Myriad Foundations biggest project, in
terms of volunteer numbers, relying on the vital contribution of
over 30 volunteers. Over, 4000 vital meals were provided to
vulnerable people in Manchester including not only, soup,
beverages and hot meals but also clothing and accessories.
Volunteers spend time building relationships with the guests in
order to provide relief from social isolation particularly in what
was a significantly challenging year for vulnerable
communities.
During the year Myriad Foundation agreed the terms of a
community asset transfer with Manchester City Council to
acquire a community building in Longsight from which to
deliver a vast array of new projects and expand additional
services that are currently being provided. The community
centre requires significant redevelopment work to bring the
building back into use within the community and will be a key
focus for the organisation for the next financial year.| ## **Additional information** |Performance of fundraising
activities against objectives
set|Para 1.41|Myriad Foundation achieved its fundraising objective to
generate recurring monthly donations to meet ongoing
charitable costs and increase one off donation to meet future
building development costs.| |---|---|---| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Myriad Foundation has a strong balance sheet position at the
period end, which is sufficient to cover ongoing project
development costs.
During the year, Myriad Foundation increased annual
donations by over £50,000 compared to the prior year in order
meet the additional funding requirements for future projects.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Myriad Foundation holds reserves in order to fund the future
development of the projects and to ensure the Charity has
sufficient liquid capital to meet its ongoing operational
expenses.
Myriad Foundation has completed the acquisition of a building
through a community asset transfer, reserves are being
maintained in order to fund the development of this building.| |Amount of reserves held|Para 1.22|£135,857| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The Trustees do not have any uncertainties about the Charity
continuing as a going concern.| |**Additional information**||| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Myriad Foundation’s principal source of funds is through
voluntary donations and sponsorship.| ## **Structure, Governance and Management** |Type of governing document|Para 1.25|Association Constitution| |---|---|---| |How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustee appointment is considered by way of the completion
of an application form and an interview with the existing
Trustees. A majority of trustees can approve the
appointment of a new trustee.| **Additional information (optional)** You may choose to include further statements where relevant about: All Trustees receive an induction setting out the objectives, purpose and procedures of the Charity. Policies and procedures adopted for the induction Para 1.51 and training of trustees ## **Reference and Administrative details** |Charity name|Myriad Foundation CIO| |---|---| |Other name the charity uses|Myriad Foundation| |Registered charity number|1172183| |Charity’s principal address|Slade Lane Neighbourhood Centre
642 Stockport Road
Longsight
Manchester
M13 0RZ| ## **Charity Trustees which manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if**
**any)**|**Dates acted if**
**not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---|---| ||MUHAMMED ALISHAN MAHMOOD|||| ||ADEEL MAHMOOD|||| ||ABU ZAFFAR GHULAM HAYDAR|||| ||MOHAMMAD IMRAN NASEEM|||| ||DOMINIC JOHN BALL|||| MYRIAD FOUNDATION CIO Ind•p•nd•nt•x•mln•f• rnport ¢oth•tru•t••• I rew oDtho ￿C4)jo￿ F¢*J￿ncI0. fwlh• ￿#r￿j )l•tM¥th 2021, ar¥ wl¢4Jton th• CCl¢a IpapDa GCXX Rl A2 R••p•cU¥• r•wn•WJlw••￿IrUl1lrt and Th•ch*WsknJw*o lorlNry pffjparn￿ ofth•aC￿Un￿ Thothal￿￿$ trusteè8 that •ué* ts noIr•WI￿ wthrseclkn 144121 ofth• Ctsll•sk120111'th• 2011 rfl zThlthal Inknnd•rl n?￿J. ttI5myr@¥￿sINmYIQ'. "wmh• ih•KtKtht¥und0r￿thn 145ofthe 2011 ￿,. .It4hywtr* w4cedurns bythl Ch￿C￿n￿$S >j*ts•Ci￿ 145(SXbl o1thtr2011 ACL. a ltyeAaml)akn*•ts ¢•ftW¢>JtlTraceu￿¢¥Wth thfrgenwaldtKtbn$gh*n tytr*Charty CornrntsS￿n. An •Str)knJ ¥•ith LhOsor￿trd¥. halxthdtsde$ 4vo1Lknknol•iyurw#u￿ hfyms¢xdI¥dos￿r8S in theaccowts, ar oking exF4•n•bM fr(xm 89 ￿t0￿Cl￿￿m￿￿3rtygJthrn91tér&ThB [K￿dureS L￿d￿t[ka￿ th not p￿¥￿10 ai U￿1 ¥bvJbJ b•f•7Jk4d hi ar￿ Gub3ewtyn0opSnw￿ •G lo%*th*herthoAcCI4￿ . ta keepacth* r•&Yd• ¥•thn 130dthv2011 14. Ind h*rftnot beeft meror pi , thI•)lkn￿o￿j 14 otdertth•nDt44 • w¢per l￿dE￿I￿n￿￿￿￿ Flch8rd Wl8tyFth•lFCCAI mWAAc￿un1ry UrfJted CertifledCJwrteredAccounraDts P4raonBg¢ Manchester M32JA D8te-. ||**MYRIAD FOUNDATION CIO**|**MYRIAD FOUNDATION CIO**|**MYRIAD FOUNDATION CIO**|**1172183**|**1172183**|**1172183**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|01/04/2020|**To**||31/03/2021||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**87,882**
**-**
**-**
**-**
**-**
**-**
**-**
**87,882**
**-**
**-**
**-**
**87,882**
**74,532**
**2,208**
**842**
**-**
**-**
**-**
**-**
**-**
**77,582**
**-**
**-**
**-**
**77,582**
**10,300**
**-**
**115,497**
**125,797**|**Restricted**
**funds**
**to the nearest £**
**920**
**18,000**
**-**
**-**
**-**
**-**
**-**
**18,920**
**-**
**-**
**-**
**18,920**
**8,860**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**8,860**
**-**
**-**
**-**
**8,860**
**10,060**
**-**
**-**
**10,060**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**88,802**
**18,000**
**-**
**-**
**-**
**-**
**-**
**106,802**
**-**
**-**
**-**
**106,802**
**83,392**
**2,208**
**842**
**-**
**-**
**-**
**-**
**-**
**-**
**86,442**
**-**
**-**
**-**
**86,442**
**20,360**||**Last year**
**to the nearest £**| |Voluntarydonations|**87,882**||||||**12,228**| |Charitable activites|**-**||||||**45,000**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**87,882**||||||**57,228**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||**-**||||||| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**-**| |**_Total receipts_ **
**A3 Payments**|||||||| ||||||||**57,228**| ||||||||| |Costs of charitable activites|**74,532**||||||**46,056**| |Costs of generating voluntary donations|**2,208**||||||**621**| |Governance costs|**842**||||||**315**| ||||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**77,582**||||||**46,992**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| |computerequipment|**-**||||||| ||**-**||||||| |**_Sub total_ **|**-**||||||**-**| |**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**46,992**| ||||||||| ||**10,300**|**10,060**|**-**||**20,360**||**10,236**| ||**-**|**-**|**-**||**-**||**-**| ||**115,497**|**-**|**-**||**115,497**||**11,937**| ||**125,797**|**10,060**|**-**||**135,857**||**22,173**| CCXX R1 accounts (SS) 27/01/2022 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
Office Equipment
Supplier overpayment
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Current Account
Savings Account
Cash in hand
PayPal Account
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**122,692**
**10,060**
**138**
**-**
**2,967**
**-**
**-**
**-**
**125,797**
**10,060**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Unrestricted funds
**960**
Unrestricted funds
**100**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Dominic Ball|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Dominic Ball|30/01/2022| ||||| CCXX R2 accounts (SS) 27/01/2022 2