## **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|
|---|---|---|
|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:|||
|---|---|---|
|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.
- 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