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2023-03-31-accounts

SPARKS CARDIFF CHARITABLE TRUST ANNUAL RETURN 2024

Charity Registration Number: 1174363 Financial Year: 1st April 2022 – 31st March 2023

Trustees’ Annual Report

Introduction

Sparks Cardiff Charitable Trust is dedicated to fostering community spirit and supporting those in need, particularly during the festive season. Our key activities include hosting Santa sleigh events to bring joy to local children and organising a Christmas dinner for elderly individuals who would otherwise be alone during the holiday period.

Objectives and Activities

The primary objective of Sparks Cardiff Charitable Trust is to provide festive events that foster social inclusion and combat loneliness. Our activities in 2024 included:

These activities align with our charitable purpose of enhancing social well-being and reducing loneliness.

Achievements and Performance

In 2024, we successfully:

We received positive feedback from attendees, volunteers, and community members, affirming the impact of our work.

Financial Statements

Income and Expenditure for the Year Ending 31st March 2023

Category Amount (£)

Income:

Charitable Donations 7,000

Total Income 7,000 Expenditure: Charitable Activities 5,590 Fundraising Expenses 400 Total Expenditure 5,990 Surplus 1010

Financial Forecast for 2024

Category Projected Amount (£) Income: Charitable Donations 5,000 Total Income 5,000 Expenditure: Charitable Activities 2,000 Fundraising Expenses 500 Total Expenditure 3,100 Projected Surplus 2500

Reserves Policy

The Trustees aim to maintain sufficient reserves to cover at least one year’s operational costs to ensure financial sustainability. The surplus of £1,500 from 2024 will be retained for future charitable activities.

Structure, Governance, and Management

Sparks Cardiff Charitable Trust operates as a registered charity in the UK and is managed by a board of trustees. The trustees oversee all activities, ensuring compliance with the Charity Commission’s regulations and best practices in financial management and governance.

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing and approving the annual financial statements, ensuring proper accounting records are maintained, and safeguarding the assets of the charity.

Signed on behalf of the Trustees:

Jason Ford Trustee Date: 9th December 2024

Jeff Barry Trustee Date: 9th December 2024