2020-07-31-accounts - Water Smart Foundation

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Trustees’ Annual Report and accounts: Water Smart Foundation 01/08/2019 - 31/07/2020

1 Aim and purposes

The principal activity of the Water Smart Foundation in the period of this report was to continue to establish the identity of the foundation, seek out partnerships, and increasing public awareness through media activity around plastics and micro plastics in oceans around the world to promote environmental protection. The Water Smart Foundation aims to draw the focus on public attention on marine litter, microplastics and the environmental crises including water scarcity caused by climate change. The Water Smart Foundation’s purpose is to increase attention to these pertinent issues for wildlife the ecosystem and public good.

The Water Smart Foundation is working towards it’s aims which are;

Increase access to clean drinking water for benefit to the general public
Tackle environmental challenges caused by single use plastic bottles by reducing the need for them
Make donations to water charities who are on the ground or in the oceans
Partner with water charities to offer support in the form of expertise, funds or fountains
Install water foundations in state schools
Create education programs about the SMART use of water. Topics will include water scarcity, waste management and sanitation

The trustees have met and discussed all of the above and how they can utilize their networks and skills to make this happen.

Objectives and Activities

Fundamental to the project is its focus on advancement of public health and environmental protection around the world from:

The reduction in use of plastic bottles for storage and distribution of water,
The reduction of the carbon footprint resulting from the manufacture and transport of fewer plastic bottles; and
The reduction of plastic waste in landfill sites and polluting the world’s oceans and killing marine life.

Our activities this year working towards these objectives were;

Connecting with corporations to offer sustainability consulting
Engage with corporations and schools about the CapOnPlastic campaign
Continue to establish our foundation as a stakeholder in marine conservation issues and environmental solutions
Continue to establish relationships with high profile ambassadors who are passionate about plastic pollution to raise awareness about the issue.
Continue to form relationships with elite sports clubs such as Chelsea Football Club and Newcastle Football club who are actively reducing or banning the single use plastic the public consume

Achievements and Performance

In depth meetings with Estee Lauder and CBRE to offer sustainability consulting and for them to participate in the campaign
Worked on an auction program and formed relationships with hospitality partners for project ‘A tree that lasts’ with Ambassador Marie Moatti. Sustainable designers had agreed to offer their work for auction
The plastic challenge Cap On Plastic, has been shared further, this is a social media campaign to raise awareness and funds for the Water Smart Foundation and projects selected by the trustees as per the objects of charity.
Prince Albert Foundation has shared information about our Plastic Audit and campaign with corporations and schools in Monaco
Participated in the Solar Impulse Foundation program
Donations have been received by platforms such as justgiving, Virgin Money and Work For Good now have Water Smart Foundation accounts to facilitate donations.
Set up fountains at Monaco Yacht show in September 19 and gave out 5000 reusable wheat straw bottles
Social media channels have been populated
The Charities team at Pitmans Law Firm continue to donate on a repeat basis in the year to follow.

Sadly all campaigns and projects were stopped due to Covid19 from March onwards. Many of our partners were in the hospitality industry and the event series were cancelled not allowing us that fundraising opportunity.

When fundraising has taken place, grants will be made to other charity and foundations according to our ‘grant making policy’.

Volunteers

Sophie Edmonds, the CEO is currently engaged in a voluntary basis. Ambassadors volunteer their time and networks to raise awareness.

Structure, governance and management

The Water Smart Foundation is overseen by the trustees and the CEO Sophie Edmonds. The trustees met informally several times through the year and formally once in person and remotely. The Water Smart Foundation began it’s fundraising in August 2019 and raised £1725.94 in the accounting year.

The Water Smart Foundation does not currently have a procedure in place for the training of trustees, however their ideas and contribution to the foundation are open, transparent and democratic.

The Water Smart Foundation has a ‘conflict of interest policy’ in place. The purposes of this policy is to protect the integrity of the Organisation's decision-making process, to enable our stakeholders to have confidence in our integrity, and to protect the integrity and reputation of volunteers, staff and committee members.

The Water Smart Foundation also has in place a protocol for fund criteria and allocating monies and resources to partner charities when it has funds in place to allocate. Applications will be assessed based on the following criteria: community engagement, creation of commerce, non-reliance on fossil fuels, the strength of the management team, and demonstration of ongoing sustainability.

At this stage, the foundation is early stage fundraising and it is premature to anticipate any further specific arrangements with structure and staff as it does not currently have funds available to pay staff.

Administrative information

The Water Smart Foundation is based out of 51 Bathurst Mews, London W2 2SB

The trustees are: Clare Munn Anna Zucchi Ksenia Tarasenko Annabelle Illingworth

The Charity’s Financial period start date: 01/08/2019, Financial period end date: 31/07/2020 is £1725.94 the charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act)) or that an independent examination is needed.

What the foundation will do

Increase access to clean drinking water for benefit to the general public
Tackle environmental challenges caused by single use plastic bottles by reducing the need for them
Make donations to water charities who are on the ground or in the oceans
Partner with water charities to offer support in the form of expertise, funds or fountains
Install water foundations in state schools
Create education programs about the SMART use of water. Topics will include water scarcity, waste management and sanitation

Current achievements and plans for future periods

3 year Objectives and strategy

Year 1 – achieved

Website and collateral designed and social media set up
Established identity of the charity
The charity was launched at a Chelsea Football Club lunch with an associated media campaign
The Water Smart Foundation has appeared in a major broadsheet
Dinners have been organized to gather ambassador and major donor support
Maintained partnership with ZSL
Establish a relationship with MASEF, Estee Launder and other corporates for the potential of future donations
Year 2 – achieved

Most target Activity put on hold due to Covid19

A Tree That Lasts auction event series conceived and worked on
Relationships established with CBRE for potential future donations
Installed fountains at the Monaco Yacht Show
Participate in the Solar Impulse Foundation program
Year 3 –
Further fundraising activities and event
Make a donation to two partner charities
Employ a CEO
Begin the schools fountains program with accompanying education program.

The Water Smart Foundation is working towards an increase in awareness and knowledge of the SMART use of water. To facilitate and educate better practices in the way that water is treated, managed and is available, and to reduce the need for single use plastic bottles and microplastics that are polluting the earth and oceans in alarming quantities. The Water Smart Foundation has had a fantastic first year establishing it’s identity and is now ready to embark on fundraising activities to achieve it’s objectives for public benefit.

No (if any) Charity Name Receipts andpayments accounts 01/08/19 31/07/20 To For the period from	No (if any) Charity Name Receipts andpayments accounts 01/08/19 31/07/20 To For the period from	No (if any) Charity Name Receipts andpayments accounts 01/08/19 31/07/20 To For the period from	No (if any) Charity Name Receipts andpayments accounts 01/08/19 31/07/20 To For the period from	No (if any) Charity Name Receipts andpayments accounts 01/08/19 31/07/20 To For the period from
	For the period from	01/08/19	To	31/07/20

Section A Receipts and payments
Unrestricted funds to the nearest £ A1 Receipts 1150 500 30 46 - - - *Sub total(Gross income for AR)1.726* A2 Asset and investment sales, (see table). - - Sub total - Total receipts 1.726 A3 Payments - - - - - - - - - Sub total - A4 Asset and investment purchases, (see table) - - Sub total - Total payments - Net of receipts/(payments) 1.726 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 1.726		Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 1.150 500 30 46 - - - - 1.726 - - - 1.726 - - - - - - - - - - - - - - 1.726 - - 1.726
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
	1.726	-	-	1.726
	-	-	-	-
	-	-	-	-
	1.726	-	-	1.726

CCXX R1 accounts (SS)

17/06/21

Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	end of the period	end of the period	end of the period	end of the period	end of the period	end of the period	end of the period
					Unrestricted				Restricted funds
Categories		Details			funds
					to nearest	£				to nearest £
B1 Cash funds						180				-

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		*Total cash funds*				180				-
		(agree balances with receipts and payments
			account(s))	Agreement Error					OK
					Unrestricted				Restricted funds
					funds
	Details				to nearest	£				to nearest £
B2 Other monetary assets						-				-

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	Details			Fund to which belongs		asset				Cost (optional)
B3 Investment assets										-

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	Details			Fund to which belongs		asset				Cost (optional)
B4 Assets retained for the										-
charity’s own use										-

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					Fund to which					Amount due
	Details				liability relates					(optional)
B5 Liabilities										-

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Signed by one or two trustees on behalf of all the trustees		Signature				Print	Name
	C.Munn					Clare		Munn
	AnnaEZucchi					Anna	Zucchi

CCXX R2 accounts (SS)

17/06/21

CC16a

Last year to the nearest £ - - - - - - - - -

CCXX R3 accounts (SS)

17/06/21

Endowment funds to nearest £ - - - -

OK Endowment funds to nearest £

Current value (optional) - - - - -

Current value (optional) - - - - - - - - -

When due (optional)

Date of approval 01/09/20 01/09/20

CCXX R4 accounts (SS)

17/06/21