Trustees’ Annual Report for the period
From 01/012020 Period start date To 31/12/2020 Period end date
Charity name: GapArt
Charity registration number:1175715
Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 The objectives of the Charity are to
of the charity as set out advance the education of
in its governing predominantly young people studying
document the visual or performing arts in the
United Kingdom by providing organised
artistic study and participation in social
projects in other countries with a view
to enhancing their knowledge and
understanding of the culture and
practices of such countries..
Summary of the main Para 1.17 and The policy of the Charity is to fulfil its
1.19
activities in relation to objects by organising and facilitating
those purposes for the the volunteer projects and the giving of
public benefit, in grants. In planning activities for the
particular, the activities, year the Trustees kept in mind the
projects or services Charity Commission’s guidance on
identified in the public benefit
accounts.
Statement confirming Para 1.18 Our main activities and who we try
whether the trustees to help are described above. All our
have had regard to the charitable activities focus upon the
guidance issued by the
education of the volunteer, the
Charity Commission on
needs of the social project and to
public benefit
further our charitable purposes for
the public benefit.
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Additional information (optional)
You may choose to include further statements where relevant about:
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SORP reference
Our project self financed volunteer
Para 1.38 support when GapArt funds allow
Policy on grant making placements are subsidies on a needs
basis up to a maximiun of £500.00
N/A
Para 1.38
Policy on social
investment including
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program related investment Volunteers fund oenexpenses Para 1.38 Contribution made by volunteers Other
Achievements and Performance
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SORP reference
The charity has identified projects in a
number of third world countries that
are
Summary of the main suitable to enable volunteers to
Para 1.20
achievements of the successfully achieve the aims of the
charity, identifying the charity.No volunteering was carried out
difference the charity’s 2020 in the year due to COVID.Regular
work has made to the contact was kept with all the relevant
circumstances of its international organisations.
beneficiaries and any
wider benefits to society
as a whole.
N/A
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Additional information (optional)
You may choose to include further statements where relevant about:
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N/A
Achievements against Para 1.41
objectives set
N/A
Performance of
fundraising activities Para 1.41
against objectives set
N/A
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 Total receipts for the period amounted
financial position at the to £Nil.Expenses totalled £421.00
end of the period resulting in a net deficit of £50.00
Statement explaining the Para 1.22 The Trustees have reviewed their
policy for holding policy, taking into account
reserves stating why they recommendations by the
are held Charity Commission, so as to establish
an acceptable level of reserves which
is the
cornerstone of the prudent financial
management of the Charity
Amount of reserves held Para 1.22 Nil
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24 The trustees funded initial
in deficit administrative and research
expenditure which will be repaid in the
future if the charity has sufficient
funds. As a result of this expenditure,
the statement of assets and liabilities
shows
net liabilities of £1,919.00
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about: N/A The charity’s principal sources of funds Para 1.47 (including any fundraising) N/A Investment policy and objectives including any Para 1.46 social investment policy adopted N/A A description of the Para 1.46 principal risks facing the charity Other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Charity Commission Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Trustees are elected and removed by
methods including details the Board of Trustees. There is no
of any constitutional maximum number of Trustees and the
provisions e.g. election to minimum is 3.
post or name of any The Trustees who served during the
person or body entitled year are listed below..
to appoint one or more The power to appoint new trustees is
trustees vested in the existing trustees. Future
trustees will be selected to ensure the
board maintains a suitable mix of skills
and experience to continue its work
and will be given an appropriate
induction into the charity. Trustees
attend training courses where it is
considered necessary.
The Board of Trustees continue to look
to recruit new trustees.
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Additional information (optional)
You may choose to include further statements where relevant about:
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N/A
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
N/A
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
N/A
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name GapArt
Other name the charity
uses
Registered charity 1175715
number
Charity’s principal
address
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Richard Corbett-
1
Winder
2 James Chapman
3 Rosie Duke
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for whole
year
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Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements N/A for 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)
Full name(s) Richard Corbett-Winder
Position (eg Secretary, Chair, etc)
Date
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