2022-09-30-accounts - Kore Development

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year

From

Section A Reference and administration details

Charity name Kore Development Charity

Other names charity is known by Registered charity number (if any) 1175928 Charity's principal address 61A Bridge Street Kingston

Postcode

HR5 3DJ

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 Andrea Dennis Director/Chair
2 Tefelah Forde Director/Secretary
3 Ian Burke Director/Trustee
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution adopted 27/11/2017 Type of governing document

(eg. trust deed, constitution)

CIC How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Trustees appointed every 2/3 year, elected by trustee’s.

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Children and families focused activities with the hope to establish a building to provide vital community services: youth centre, elderly centre and employment support office.

The day to day running of Kore Development Charity will be managed by:

Ms A Dennis

Director and Chairperson Sunny Crescent London

Ms T Forde

Director and Secretary Lime Close Harrow

Mr Ian Burke

Director and Trustee Ebony Court London

Section C Objectives and activities

March 2012

TAR

Currently working to secure premises for day-to-day office operations.

Summary of the objects of the charity set out in its governing document

Kore Develoments Charity objective is to create a community resource that ensures longevity in a manner of cost effective ness to its users, but also ensures its continued self-sufficency as to not burden the community of local authority. As a community lead facility we aim to provide a number of projects and facilities both grant and self funded to meet the need of our immedicate and wider community.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

This includes being a regular home for youth groups, families, the elderly and specialists groups such as LGBTQ. We will also look to host community functions and events allowing skill swaps or re-education.

Additional details of objectives and activities (Optional information)

March 2012

TAR

N/A

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Main accomplishments this year:

Lions Taekwondo Academy funding secured to provide much needed new equipment to support this local organisation to aid and train the children and families in martial arts.
Managed and organised a trip to Ninja warriors for the families.
We partnered with our Local Tescos to supply lunches to all families on our trips and events.
We partnered with the FA to supply free tickets to families to watch the womens England finals in Wembley Stadium.
Organised a fund-raising event to provide gift an d treats to children and families during the summer.
Networking with organisations to provide vital funding to build the community and reach desired goals.

Section E Financial review

March 2012

TAR

Brief statement of the charity’s policy on reserves

To maintain sufficient reserves to service a minimum of 12 months operating costs plus short to medium term maintenance and improve the activities and events supplied and to ensure that the risk of losing one or two of our regular users is mitigated.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

We are currently secure a base of operations while still looking for a permanent home.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Andrea Dennis Full name(s) Andrea Dennis Position (eg Secretary, Chair Chair, etc) Date 20/04/2023

March 2012

TAR

Charity Name Kore Development Charity

No (if any)

Receipts and payments accounts

Period start date 10/1/2021

Period end date 9/30/2022

For the period from

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Wembley 152 - - 152
Costco 150 - - 150
500001 179 - - 179
RP 100 - - 100
500002 800 - - 800
500003 30 - - 30
FA Tickets 90+87 177 - - 177
Amazon Charity Donations 7 - - 7
Refund 6 +129.89 136 - - 136
US Girls 170+870 1,040 - - 1,040
Mobile Cheque 150 - - 150
Funding 5K +949 5,949 - - 5,949
Donation 150 - - 150
9,020 - - 9,020
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 9,020 - - 9,020
A3 Payments
IONOS 2 - - 2
CSSC 49 - - 49
Flyers 80 - - 80
Website 900 - - 900
Virgin 900 - - 900
Costco Food 26 - - 26
Refund 6 +87 93 - - 93
Equipment Lions 1,869 - - 1,869
Sub total [ 3,919 ] - - 3,919
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 3,919 - - 3,919
Net of receipts/(payments) 5,101 - - 5,101
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 5,101 - - 5,101
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Section B Statement of assets and liabilities at the end of the period

			Unrestricted		Restricted
Categories	Details		funds		funds
B1 Cash funds		*Total cash funds*	to nearest £ - - - -		to nearest £ - - - -
	(agree balances with receipts and payments account(s))		Agreement Error	OK
			Unrestricted		Restricted
			funds		funds
B2 Other monetary assets	Details		to nearest £ - - - - - -		to nearest £ - - - - - -
B3 Investment assets	Details		Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details		Fund to which asset belongs	Cost (optional) -
charity’s own use					- - - - - - - -
			Fund to which		Amount due
B5 Liabilities	Details		liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
	Andrea Dennis		Andrea Dennis

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CC16a
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Last year

to the nearest £

Endowment funds to nearest £ - - - -

Endowment funds to nearest £ - - - - - -

Current value (optional)

When due (optional)

Date of approval 4/20/2023