## **Trustees’ Annual Report for the period** **From Jan 2023 Period start date To Dec 2023 Period end date** ## **Charity name: The Hair Foundation** ## **Charity registration number: 1173785** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To help those who have become
disadvantaged from difficult
life circumstances to regain confidence,
and self esteem primarily through the
provision of free and low cost hairdressing
& hairdressing services. Serving vulnerable
and disadvantaged groups in the UK and
Internationally including homeless and
those
living in sheltered accommodation & with
low or no income with a view to help
rebuilding their lives. Additionally offering
support to young people to become aware
of
and engaged in the hairdressing industry.| |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|**Hairdressing for Homeless women**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Policy on social investment Para 1.38 including program related investment **Hairdressing services administered** Para 1.38 Contribution made by volunteers Other ## **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|**Has had a major impact on individuals**
**self esteem and a positive action for**
**their mental health**| **Additional information (optional)** You may 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 performance
against objectives|Para 1.41|| Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Charity is in a positive position**
**financially**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**No reserves held**| |Amount of reserves held|Para 1.22|**Zero or balance at bank**| |Reasons for holding zero
reserves|Para 1.22|**none**| |Details of fund materially in
deficit|Para 1.24|**none**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**none**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**donations**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Not applicable**| |A description of the principal
risks facing the charity|Para 1.46|**none**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |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|Every trustee must be appointed [for a
minimum term of one year] by a resolution
passed at a properly convened
meeting of the charity trustees.
In selecting individuals for appointment as
charity trustees, the charity
trustees must have regard to the skills,
knowledge and experience needed for
the effective administration of the CIO.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|The Hair Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1173785| |Charity’s principal address|Martyn Maxey
Flat 78 Marlborough
61 Walton Street
London
SW32JX
07927651094| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Martyn Maxey|Chairman|Wholeyear|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets Not Applicable held in this capacity Name and objects of the Not Applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not Applicable safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Martyn Maxey **Full name(s)** Martyn Maxey **Position (eg Secretary,** Chair **Chair, etc) Date** 21/10/2024 |**THE HAIR FOUNDATION**|**THE HAIR FOUNDATION**||**1173785**|| |---|---|---|---|---| |**Receipts andpayments accounts**||||**CC16a**| |**For the period**
**from**|1/1/2023|**To**|12/31/2023|| |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
CharityIncome for theyear
24
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**24**
**-**
**-**
**Sub total -**
**Total receipts 24**
**A3 Payments**
CharityExpenses for theyear
**1,902**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Sub total 1,902**
**-**
**-**
**Sub total -**
**Total payments 1,902**
**Net of receipts/(payments) - 1,878**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**Cash funds this year end - 1,878**
**Unrestricted**
**funds**
**to the nearest £**
**Sub total**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**24**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**24**
**-**
**-**
**-**
**24**
**1,902**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,902**
**-**
**-**
**-**
**1,902**
**- 1,878**
**-**
**-**
**- 1,878**|**Last year**
**to the nearest £**| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**24**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**24**|**-**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|**-**| ||||**-**|**-**| |||||| |||**-**|**24**|**-**| |||||| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**1,902**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**1,902**|**-**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|| ||||**-**|**-**| |||||| |||**-**|**1,902**|**-**| |||||| ||**-**|**-**
**-**
**-**
**-**|**- 1,878**|**-**| ||**-**||**-**|**-**| ||**-**||**-**|**-**| ||**-**||**- 1,878**|**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**|**Details**
Bank Account
**Details**
**Details**
**Details**
**Details**
**Total cash funds**
(agree balances with receipts and payments
account(s))|**to nearest £**
**2,878**
**-**
**-**
**2,878**
Agreement Error
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**to nearest £**
**-**
**-**
**-**
**-**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees Date of Signature Print Name approval