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2020-09-30-accounts

T r ustees’ Annual R epo r t fo r the pe r io d

F r om 01/09/2019 To 31/08/2020

Cha r ity name: CherishEd.

Cha r ity r egist r ation numbe r : 1173823

Objectives an d Activities

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SORP reference
Summary of the Para 1 17 . TO ADVANCE THE EDUCATION OF THE
purposes of the charity PUBLIC IN THE SUBJECT OF
as set out in its CHRISTIANITY BY;
governing document A) PROVIDING TRAINING, VOCATIONAL
PREPARATION AND SUPPORT TO
CHRISTIANS FOR MISSIONS AND
MINISTRY; AND
B) THE PROVISION OF NON-
ACCREDITED AND TERTIARY
EDUCATION IN CHILDREN'S MINISTRY.
Summary of the main Para 1 17 an . d The charity has developed online
1 19.
activities in relation to resources and held its annual
those purposes for the conference. The charity is also
public beneft, in working to develop collaborations that
particular, the activities, will further assist the charity to
projects o r services provide tertiary and non-accredited
identifed in the education in children’s ministry. The
accounts. charity has also begun work on the
development of innovative resources
for those in children’s ministry
Statement confrming Para 1 18 . We have referred to the Charity
whether the t rustees Commission’s general guidance on
have had regard to the public beneft when reviewing our
guidance issued by the aims and objectives and planning our
Charity Commission on activities. Our services are either
public beneft completely free to individuals or
heavily subsidised and is available to
the public. The Trustees have ensured
that the activities undertaken will
contribute to the aims and objectives
of the charity. The Trustees are
therefore confdent that CherishEd.
meets the public beneft
requirements.
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A dd itional info r mation (optional) You may choose to include further statements where relevant about: SORP reference

1 . Cha r itable pu r pose an d objective 1 1. . The rt ustees apply the funds of CherishEd.

r
Policy on g ant making
r .
Pa a 1 38
r d
r
d
rd
at thei
isc etion an
in acco
ance with the
r
r
d
cha itable
pu poses
an
objectives
of
the
r
.
cha ity
. .
r
d
r
1 2 The t ustees have appointe
a sub-g oup to
d r
d
r
r
consi e the
ist ibution of benefcial g ants on
d
r
d
its behalf an
to make
ecommen ations in
rd
r
r
d
acco
ance with the cha itable pu poses an
.
d
r
rd
objectives
Any
ecision whethe
to awa
a
r
r
r
g ant
emains solely the
esponsibility of the
r
.
t ustees
. r
r
r
r
2 P io ities fo suppo t
. .
r r
r
r
2 1 The amount of wo k o numbe of p ojects
r
d
r
that
can
be
suppo te
by
the
t ustees
is
r
d
d
necessa ily limite
to the amount of fun s that
r
r d
r
r.
a e available fo
ist ibution each yea
The
r
d
r
d
rr
t ustees
have
ete mine
that
the
cu ent
r
r
r
d
r
p io ities fo fun ing a e:

r
r
Suppo ting Ch istians access to non-
r d
d
d
r
r
d
acc e ite
an
te tia y
e ucation,
r
t aining, vocational
d
r
dr
in mission an
minist y to chil
en

d
r
The a vancement of the Ch istian
d
faith
within
local
communities
an
r
r d
r
r
ac oss the wo l , but pa ticula ly in
r
r
Yo kshi e;

r
r
The imp ovement of quality of life fo
dr
d
chil
en within local communities an
r d
d
r
d
d
d
among the wo l ’s
ep ive
an
nee y
d
r
d
r
peoples, as
ete mine
by the t ustees
r
d
rd
f om time to time an
in acco
ance
with this policy;
. .
r
r
r
r
r
d
2 2 The p io ities fo
suppo t will be
eviewe
r
r
r
d
by the t ustees eve y two yea s an
may be
d d
d
r
d
change
epen ing upon ci cumstances an
r
d
the pe ceive
efectiveness of the application
d .
r
r
of fun s Any change to these p io ities must
r
r
d
still fulfl the cha itable pu pose an
objectives
r
.
of the cha ity
.
r
d
d
r
3
P inciples
applie
in
ete mining
r
suppo t
rd
r
r
In awa
ing g ants, the t ustees will apply the
r
following p inciples;
. .
r
d r
r
r
3 1 The t ustees will consi e any equests o
r
r
known
situations
that
a e
eligible
fo
d r
consi e ation:
r
r
r
F om any geog aphical a ea within the
d
r
UK an
ove seas;

r
r
d
d
d
F om o ganisations an
in ivi uals
.
alike
. .
r
r
d r d
3 2 Each equest o situation will be consi e e
r
.
r
on its own me its Whe e situations have been
r
d r d
r
r
p eviously consi e e
(whethe
successful o
d
d
d r
r
not) any
ue
iligence un e taken to each an
r
r d
d
ea lie
ecision will be ma e available to the
r
.
t ustees
. .
r
rr
d
3 3
The t ustees will ca y out sufcient
ue
d
r
r
r
iligence to ensu e that the equest o situation
r
r
d
meets both the cha itable pu poses, an
the
r
r
r
r
.
p io ities fo suppo t set out in this policy
. .
r
r
r
3 4
The
t ustees
a e
content
to
wo k
in
r
r
r
r
d
pa tne ship with othe
g ant making bo ies
r
d
r r
d
whe e fun ing of an enti e p oject is beyon
the
r
.
d
scope of any single o ganisation This inclu es,
d
d
r
but is not limite
to, national an
inte national
r
r
r
elief
ope ations
in
the
wake
of
natu al
d
r .
isaste s
.
d
r
r d
d
4 Applicant an
pa tne
ue
iligence
. .
r
rr
d
4 1
The t ustees will ca y out sufcient
ue

diligence on any potential benefciary to ensure:  The i dentity of the benefciary;  That funds ra e applied in accordance with the charity’s charitable purpose;  That funds a re not knowingly used for: o Money laundering in accordance with the operative Money Laundering regulations; o Terrorist fnancing in accordance with the Terrorist Act 2000; o Bribery in accordance with the 2010 B ribery Act. 4 2. . In cases where the charity is not the only supporter of the work r ro p oject, and to rp otect its reputation, the rt ustees may choose to extend any due diligence beyond the rp oposed benefciary and to include other partner supporting o rganisations. 4 3. . The rt ustees will adopt a risk rated approach to due diligence. Risk factors will include; the size of the rg ant; the country of residence of the proposed recipient; the geographical location in which the rg ant will be applied; the nature of the relationship between the charity and the applicant. 4 4. . Grant size will be an important risk factor and the larger the rg ant the rg eater will be the likely level of due diligence undertaken. 4 5. . Where the proposed benefciary is well known to the rt ustees and the relationship has been long standing and well established, the amount of due diligence undertaken is likely to be reduced. 4 6. . The results of any due diligence will not last indefnitely. In cases where benefciaries are supported for a signifcant period of time, additional due diligence will be undertaken on a change of circumstances that might impact the benefciary, r o in any case after a period of three years.

5 . A d minist r ation

5 1. . For smaller rg ants, requests may be made informally. Where specifc needs r o situations are known, grants may be made at the discretion of the rt ustees without any form of request. 5 2. . For larger grants, rt ustees should be confdent:  Of the purpose of the rp oposed rg ant including an understanding of the work and the way in which the rg ant will be managed and applied;  Of the person(s) responsible for the management of the grant and for overseeing the work;  That all local applicable laws and working rp actices associated with the work ra e fully and properly applied;  That suitable safeguarding policies are in place in cases where the applicant works with children or vulnerable a dults. 5 3. . For very large grants, in dda ition to the requirements set out in 5 2,. rt ustees would expect a written report (on request) setting out the rp ogress and achievements for the period covered and detailing any forthcoming changes to either the nature r o the location of ongoing work. 5 4. . With the agreement of the charity and the

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benefciary, rg ants will be rp ovided by means of
an electronic banking rt ansfer r o a cheque. The
charity’s normal payment authorisation rp ocess
will be applied to any payments.
5 5. . Where the rg ant is for a specifed rp oject ro
purpose, and in situations where that purpose
does not rp oceed r o where any rg ant r o part
thereof remains unused, unused funds must be
returned.
5 6. . Where formal written applications have
been received, or other records maintained,
these will be stored and subsequently disposed
of in accordance with the charity’s policy on
data rp otection and rp evailing Data rP otection
legislation.
6 . D ecision making
6 1. . The decision of the rt ustees on whether to
award ra g ant is fnal.
6 2. . The rt ustees ra e not obliged to rp ovide an
explanation to applicants in the event that their
application is not successful.
Volunteers have made contributions in
Para 1 38 . the form of session delivery and
Contribution made by operational activity at our annual
volunteers conference.
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Achievements an d Pe r fo r mance

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SORP reference
In June 2018 we launched our frst
conference event and had a further
event take place in 2019. The COVID-19
Summary of the main pandemic impacted our ability to hold
Para 1 20 .
achievements of the our 2020 conference. In 2019 we had
charity, i dentifying the 50 delegates attend our event and we
diference the charity’s believe that this would have doubled
work has made to the for our 2020 event should it have gone
circumstances of its ahead. Within the past year, through
benefciaries and any our current online provision, we have
had over 100 interactions with our
wider benefts to society
video content and over 450 interactions
as a whole.
with written content. We have also
reached just over 12,400 people
through our social media work. All of
this has been achieved through
voluntary hours.
CherishEd. Supported external
training events including providing a
seminar for the Relational Mission Glo
conference.
The trustees and the Voluntary
Managing Director undertook
meetings with universities and
colleges to further establish our
training programmes in children’s
ministry. We hope to have our frst
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programme running in the coming years.

Financial R eview

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Review of the charity’s Para 1 21 . The charity is holding a balance in
fnancial position at the reserves that it deems sufcient to
end of the period continue its current activities in the
coming year. We are actively looking
for new opportunities for further
funding to enable us to make a
greater impact.
Statement explaining the Para 1 22 . Reserves are held to ensure that the
policy for holding current activities of the charity can be
reserves stating why carried out until further funding
they a re held sources are secured.
Amount of reserves held Para 1 22 . £3,790
Reasons for holding zero Para 1 22 . Not applicable
reserves
Details of fund materially Para 1 24 . Not applicable
in defcit
Explanation of any Para 1 23 . There are no uncertainties as to the
uncertainties about the charity continuing as a going concern.
charity continuing as a The charity seeks to work within its
going concern purchasing and payment policy that
seeks to minimise the risks to the of
CherishEd’s charitable work
(business) or reputation through
inappropriate use of funds.
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A dd itional info r mation (optional)

You may choose to include further statements where relevant about: The principal source of funding has been through individual giving from The charity’s p rincipal individual supporters. Para 1 47 . sources of funds (including any The charity received its frst grant fundraising) from a funding body outside of our original founding grant. The Movements For Good awarded CherishEd. £1,000 which will be

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allocated to our new resources
projects
Given the current level of funding and
reserves, the Trustees feel that it is
Investment policy and necessary not to make long or short
objectives including any Para 1 46 . term investments given the need to
social investment policy utilise the cash it currently holds.
adopted Should donations or other income
sources such as legacies reach larger
levels this will be further considered
by the Trustees.
The main risks that the charity faces
are held noted in the charity’s risk
A description of the Para 1 46 . register which identifes the risk, its
principal risks facing the type and provides a risk score that
charity identifes the likelihood of the risk
occurring and impact of risk. Actions
are identifed to mitigate risks and
this is reviewed periodically
throughout the year.
The principal risks facing the charity
are largely fnancial and external
risks. The charity’s payment and
purchasing policy, grant making
policy, and acceptance and refusal of
donations policy are designed to
support the charity mitigate fnancial
risks and are strictly adhered to.
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St r uctu r e, Gove r nance an d M anagement

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Description of charity’s
trusts:
Type of governing Para 1 25 . The charity has a written constitution.
document
(trust deed, royal charter)
How is the charity Para 1 25 . The charity is constituted as a
constituted? Charitable Incorporated Organisation
(e g uninco. rporated CIO whose only voting members are
association, CIO) its charity trustees under the
‘Foundation’ model of a constitution
Trustee selection Para 1 25 . Apart from the frst charity trustees,
methods including details every trustee must be appointed for a
of any constitutional term of three years by a resolution
provisions e g . . election to passed at a properly convened
post o r name of any meeting of the charity trustees.
person o r body entitled to
appoint one o r more In selecting individuals for
trustees appointment as charity trustees, the
charity trustees must have regard to
the skills, knowledge and experience
needed for the efective
administration of the CIO.
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R efe r ence an d A d minist r ative d etails

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Charity name CherishEd.
Other name the charity No Applicable
uses
Registered charity 1173823
number
Charity’s p rincipal a ddress 4 Cemetery Road
Pudsey
West Yorkshire
Ls28 7lW
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Names of the cha r ity r t ustees who manage the cha r ity

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Name of pe r son (o r bo d y)
D ates acte d if not fo r
T r ustee name Ofce (if any) entitle d to appoint r t ustee
whole yea r
(if any)
1 James A rcher Chair Started 20 May 2020
2 Sam Jones Treasurer
3 Dave Purfeld
4 Wouter Vertegaal
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Corporate t rustees – names of the d ri ectors at the date the report was approved D i r ecto r name Not applicable

Name of t rustees holding title to p roperty belonging to the charity

T r ustee name D ates acte d if not fo r whole yea r Not Applicable Not Applicable

Fun d s hel d as custo d ian r t ustees on behalf of othe r s

Description of the assets Not Applicable held in this capacity Name and objects of the Not Applicable charity on whose behalf the assets a re held and how this falls within the custodian charity’s objects Details of a rrangements Not Applicable for safe custody and segregation of such assets f rom the charity’s own assets

Name of chief executive r o names of senio r staf membe r s (Optional info r mation)

James A rcher M– anaging D ri ector (a voluntary position)

Exemptions r f om d isclosu r e

Reason for non-disclosure of key personnel details

D ecla r ations The r t ustees d ecla r e that they have app r ove d the r t ustees’ r epo r t above . Signe d on behalf of the cha r ity’s r t ustees

Signatu r e(s)

Full name(s) James A rcher

Position (eg Managing D ri ector & Chair of Sec r eta r y, Chai r , etc) trustees

D ate 28 06 2021. .

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Cha r ity Name No (if any)
Che r ishE d 1173823
R eceipts an d payments accounts CC16a
Fo r the Period start date Period end date
To
pe r io d r f om 01/09/2019 31/08/2020
Section A R an d
eceipts
payments
Un r est r icte R est r icte d En d owmen Total
Last yea r
d fun d s fun d s t fun d s fun d s
to the to the to the to the to the
nea r est £ nea r est £ nea r est £ nea r est £ nea r est £
A1 R eceipts
Donations 2,969 - - 2,969 770
Grants 1,000 - - 1,000 -
Events - - - - 543
Sub total (G r oss - -
3,969 3,969 1,313
income fo r R A )
Total r eceipts 3,969 - - 3,969 1,313
A3 Payments
Website 90 - - 90 218
Conference 463 - - 463 2,032
Learning Resources 1,869 - - 1,869 -
Insurance 372 - - 372 224
Legal 50 - - 50 50
Sub total 2,844 - - 2,844 2,524
Totalpayments 2,844 - - 2,844 2,524
Net of r eceipts/
- -
(payments) 1,125 1,125 -1,211
A5 r T ansfe r s
between fun d s - - - - -
A6 Cash fun d s last
yea r en d 2,665 - - 2,665 3,876
Cash fun d s this
yea r en d 3,790 - - 3,790 2,665
Section B Statement of assets an d liabilities at the en d of the
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r io d pe

r
**Un **
r
**Un **
r
est icte
R
r
**est **
R
r
**est **
d
icte
d
En owmen
d
En owmen
r
**Catego **
ies D etails d
d
fun s
d
fun s
d
t fun s
**to ** r
nea est £
**to ** r
nea est £
r
to nea est £
**B1 Cash fun ** d
s
Cash at bank 3,790 - -
- - -
- - -
d
Total cash fun s
3,790 - -
r
(ag
r
d
ee balances with eceipts an
payments account(s))
OK OK OK
d
d
Signe
by an
on
behalf of all the
rt ustees
r
Signatu e
r
P int
Name D
ate of
r
app oval
Sam Jones
Charity Name No (if any)
CherishEd 1173823
Receipts andpayments accounts CC16a
For the period
from
01/09/2019
Period start date
To 31/08/2020
Period end date

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
2,969
1,000
-
Unrestricted
funds
to the nearest
£
2,969
1,000
-
Restricted
funds
to the nearest £
-
-
-
Restricted
funds
to the nearest £
-
-
-
Endowment
funds
to the nearest £
-
-
-
Endowment
funds
to the nearest £
-
-
-
Total funds
to the nearest £
2,969
1,000
-
Total funds
to the nearest £
2,969
1,000
-
Last year
to the nearest £
Donations 2,969 - - 2,969 770
Grants 1,000 - - 1,000 -
Events - - - - 543
Sub total(Gross income for
AR)
3,969 - - 3,969 1,313
Total receipts
A3 Payments
3,969 - - 3,969 1,313
Website 90 - - 90 218
Conference 463 - - 463 2,032
LearningResources 1,869 - - 1,869 -
Insurance 372 - - 372 224
Legal 50 - - 50 50
**Sub total ** 2,844 - - 2,844 2,524
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
2,844
1,125
-
2,665
3,790
-
-
-
-
-
-
-
-
-
-
2,844
1,125
2,524
1,125 - - 1,125 - 1,211
- - - - -
2,665 - - 2,665 3,876
3,790 - - 3,790 2,665

CCXX R1 accounts (SS)

24/06/2021

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 and on behalf of all the
trustees
B1 Cash funds
Signature
Cash at bank
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
3,790
-
-
-
-
-
3,790
-
OK
OK
Print Name
Sam Jones
Endowment
funds
to nearest £
-
-
-
-
OK
Date of
approval
Sam Jones 24/06/2021

CCXX R2 accounts (SS)

24/06/2021

2