Trustees’ Annual Report for the period
From 01/09/2023 Period start date To 31/08/2024 Period end date
Charity name: CherishEd.
Charity registration number: 1173823
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | cherished is dedicated to advancing education and supporting children and families by: • Providing training, vocational preparation, and resources for those working with children and young people • Developing and delivering non- accredited educational materials and resources that enhance learning experiences. |
| 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 |
During this period, CherishEd. has been intentionally focused on preparing for our flagship project. The_Storehouse,_in Bradford. This initiative will serve as a hub for community support, education, and engagement. The Storehouse project aligns directly with CherishEd’s mission to enhance education and provide practical support for children and families. It will function as a multi-purpose space providing: • Training and Vocational Support: Hosting workshops, seminars, and mentoring programmes for those working with children and young people. • Resource Distribution:A hub where organisations and individuals can access Discovery Materials and art boxes • Community engagement: Running initiatives that support childrenandfamiliesthrough |
| education, creativity and development, providing a holistic approach incorporating food and activities that support the whole community and which combats issues of loneliness and isolation. • Research and Development:A space to test and refine educational resources for broader impact. In addition to project planning, CherishEd. has continued to refine its Discovery Materials, ensuring these remain an effective tool for education and development. The charity is also developing its art boxes, a creative resource to support children’s engagement with learning, providing hands-on and minds-on activities. CherishEd. has also expanded its training offer cataloguing a wide range of workshops it can offer. Impact Statistics: • Over 150 professionals and volunteers are currently engaging in our online communities. • It is estimated that these individuals collectively support at least 1,500 children each week |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had full regard to the Charity Commission’s general guidance on the public benefit when reviewing the charity’s aims and objectives. All activities undertaken by CherishEd contribute directly to its charitable purposes, ensuring that beneficiaries receive free or highly subsidised educational resources and support. The trustees are confident that CherishEd, continues to meet public benefit requirements. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Cherished. Applies its funds in accordance with its charitable purposes, prioritising projects that enhance education and support children and families. Funding decisions are made through a trustee sub- |
| committee, ensuring alignment with strategic objectives. |
||
|---|---|---|
| Policy on social investment including program related investment |
Para 1.38 | Given the current level of funding and reserves, the trustees have determined that long-or-short-term investments will not be pursued. Financial resources are instead directed core initiatives like_The_ Storehouse, The Discovery Materials, Art boxes |
| Contribution made by volunteers |
Para 1.38 | CherishEd. relies heavily on volunteers who contribute to training development, resource creation, and admistraive support. This year, volunteers played a role in creating the Discovery Materials, piloting art boxes, and planning the Storehouse. |
| 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 | CherishEd’s main focus this year has been establishing the foundational work for_The Storehouse_project. This has included developing a fundraising strategy, securing partnerships, and finalising logistics for the project launch. Additionally, the charity has made significant progress in enhancing the Discovery Materials and creating art boxes, which will be a key part of our future educational initiatives. |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | During this period, no income was generated as we focused on preparing for_The Storehouse_project. This was a strategic decision to ensure that we have a strong foundation begore launching into active fundraising and project implementation. The only expense incurred was £450.97 |
|---|---|---|
| Statement explaining the policy for holding reserves statingwhytheyare held |
Para 1.22 | The charity is holding reserves that it deems sufficient to continue its activitiesin the coming year |
|---|---|---|
| Amount of reserves held | Para 1.22 | £14.864 |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no uncertainties as to the charity continuing as a going concern. The trustee have taken steps to ensure long-term sustainability through strategic planning. |
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | CherishEd’s activities are primarily funded through donations, grants, and in-kind support. The Charity has secured significant gift-in-kind contributions for the next reporting year through activity undertaken in this year. |
| 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 | The main risks facing the charity include: • Financial sustainability: Addressed through an active fundraising strategy and partnerships. • Volunteer engagement: Managed by ongoing recruitment and training initiatives • Project execution risks: Mitigated by strategic planning and governance oversight. |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | The charity has a written constitution. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CherishEd is constituted as a Charitable Incorporated Organisation (CIO) under the ‘Foundation’ model of a constitution. |
| 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 | Apart from the first charity trustees, every trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees |
Reference and Administrative details
| Charityname | CherishEd. |
|---|---|
| Other name the charityuses | |
| Registered charitynumber | 1173823 |
| Charity’s principal address | 68 Denbrook Avenue, Bradford, BD4 0QJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| James Archer | Chair | Full Year | ||
| Sam Jones | Treasurer | Full Year | ||
| Dave Purfield | Trustee | Full Year | ||
| LucyMunton | Trustee | From May2024 |
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
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not applicable
Other optional information
Plans for Future Trustee Recruitment
The charity intends to recruit additional trustee in the coming year to strengthen governance and strategic oversight.
Trustee Expansion Strategy:
-
Recruiting individuals with experience in education, finance, fundraising and community development.
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Ensuring diversity and representation from the Bradford community.
-
Providing training and induction programmes to onboard new trustees effectively.
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| James Archer | ||
Chair |
||
| 06.09.2024 | ||
| 06.09.2024 |
CHARITY COMMISSIO FOR ENGLAND AND WALI Receipts and payments accounts CC16a To 31Kser2D24 Section A Receipts and payments A1 ReceiiA8 471 Sub IOTal{Gmss for AR) Totsi rnceip 471 471 451 451 Sub tOTal 451 451 Nei of recwpl(paYmentsj . 451 451 31 A6 Cash fwbds last end Cash fuThts this year end 15.315 14 15315 15284 15.31 Section B Statement of assets and liabilities at the end of the period Unrestticled Restn'cted Endowrw)ent B1 Cash funds 14164 Totsl cash fun(ts 14.164