2022-04-02-accounts - Gapart

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Trustees’ Annual Report for the period From Period start date To Period end date

Charity name:

Charity registration number:

Objectives and Activities

SORP reference Summary of the purposes Para 1.17 of the charity as set out in its governing document Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

SORP reference Summary of the main Para 1.20 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.

Additional information (optional)

You may choose to include further statements where relevant about:

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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review

Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially Para 1.24 in deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted 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
document
(trust deed, royal
charter)
How is the charity Para 1.25
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25
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
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Additional information (optional)

You may choose to include further statements where relevant about:

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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

Charity name Other name the charity uses Registered charity number

Charity's principal address

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)
1
2
3
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 held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements 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)

Position (eg Secretary, Chair, etc)

Date

Charitable Incorporated Organisation - Registered No. 1175715

GAPART

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31[ST] DECEMBER 2018

GAPART

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] DECEMBER 2018

Charity Information	1
Report of the Trustees	2-3
Receipts and payments account	4
Statement of assets and liabilities	4

GAPART

CHARITY INFORMATION FOR THE PERIOD ENDED 31[ST] DECEMBER 2018

TRUSTEES:	Mr Richard Corbett Winder
	Mr James Chapman
	Mrs Rosie Duke
REGISTERED OFFICE:	Bartletts Farm
	Hayes Road
	Compton Dundon,
	TA11 6PF
REGISTERED CHARITY NUMBER:	1175715
BANKERS:	Lloyds Bank Plc
	CSC, Department 2534
	1 Legg Street
	Chelmsford, CM1 1JS

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GAPART

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31[ST] DECEMBER 2018

The Trustees present their report together with the financial statements of the Charity for the period ended 31[st] December 2018.

The accounts have been prepared on a receipts and payments basis and comply with the Charity's governing document and applicable law.

OBJECTIVES AND ACTIVITIES

Objects

The objectives of the Charity are to advance the education of predominantly young people studying the visual or performing arts in the United Kingdom by providing organised artistic study and participation in social projects in other countries (principally but not exclusively those classified as the third world) with a view to enhancing their knowledge and understanding of the culture and practices of such countries thereby widening their intellectual horizons and through such knowledge and understanding helping to equip them with a sense of greater racial tolerance.

Aims, Objectives, Strategies and Activities for the Year

The policy of the Charity is to fulfil its objects by organising and facilitating the volunteer projects and the giving of grants. In planning activities for the year the Trustees kept in mind the Charity Commission’s guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Charitable Activities

The charity has begun to identify projects in a number of third world countries that are suitable to enable volunteers to successfully achieve the aims of the charity. It successfully supported its first volunteer on a project.

FINANCIAL REVIEW

Financial position

Total receipts for the period amounted to £8,126 and net receipts amounted to £628. Unrestricted cash reserves at 31[st] December 2018 were £628. The trustees funded initial 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 £1,623.

Reserves Policy

The Trustees have reviewed their policy, taking into account recommendations by the Charity Commission, so as to establish an acceptable level of reserves which is the cornerstone of the prudent financial management of the Charity. Because the charity has few ongoing commitments there is little need for reserves.

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GAPART

REPORT OF THE TRUSTEES

FOR THE PERIOD ENDED 31[ST] DECEMBER 2018

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Charity was registered as a Charitable Incorporated Organisation (CIO) on 14[th] November 2017 and commenced operations immediately.

Trustees

Trustees are elected and removed by the Board of Trustees. There is no maximum number of Trustees and the minimum is 3.

The Trustees who served during the year are listed on Page 1.

The power to appoint new trustees is 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.

Organisational Structure

The charity is managed and operated by the board of Trustees who meet at least biannually.

Major Risks

The Trustees have carried out an assessment of the major risks to which the Charity is exposed. Procedures and systems are in place to mitigate these risks.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are required under Charity law to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the financial activities of the Charity for that period. In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with applicable laws and regulations. They are also responsible for ensuring that the Charity maintains an adequate system of internal control designed to provide reasonable assurance that assets are safeguarded against loss or unauthorised use and to prevent and detect fraud and other irregularities.

ON BEHALF OF THE BOARD:

R Corbett Winder – Chair of Trustees

Date: 2[nd] September 2019

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GAPART

Receipts and Payments Account

For The Period 14th November 2017 to 31st December 2018

Unrestricted funds £ Receipts Donations from individuals 5,372 Fundraising 804 Payments from participants 1,950 Total receipts 8,126 Payments Cost of raising funds Web site costs 4,131 Design and publicity costs 423 Cost of charitable activities Project costs 2,705 Support costs Office costs 239 Total payments 7,498 Net movement in funds 628 Balances at 14thNovember 2017 - Balances at 31st December 2018 628 Statement of Assets and Liabilities at 31st December 2018 Unrestricted funds £ Cash funds Bank current accounts 628 Other monetary assets Gift Aid receivable 1,156 Current liabilities Loans from Trustees 3,107 Acccrued expenditure 300 3,407 Net liabilities (1,623)	Restricted funds £ - - - - - - - - - - - - Restricted funds £ - - - - -	2018 £ 5,372 804 1,950 8,126 4,131 423 2,705 239 7,498 628 - 628 Total 2018 £ 628 1,156 3,107 300 3,407 (1,623)	2017 £ - - -

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			- - - -

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			2017 £ -
			- - -
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Approved by the Trustees on 2[nd] September 2019.

R Corbett Winder Trustee

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