Trustees' Annual Report for the period
Period start date Period end date 01 01 2020 31 12 2020 From To
Section A Reference and administration details
Charity name Wigs For Heroes Other names charity is known by Registered charity number (if any) 1177051 Charity's principal address Wigs For Heroes 71-75 Shelton Street, Covent Garden London Postcode WC2H 9JQ
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Meryem Foncette | Founder | Wigs For Heroes Board of Trustees |
||
| Matthew Foncette | Wigs For Heroes Board of Trustees |
|||
| Dale Williams | Wigs For Heroes Board of Trustees |
|||
| Joseph Atiase | Wigs For Heroes Board of Trustees |
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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
March 2012
TAR
1
Constitution
Type of governing document
(eg. trust deed, constitution)
How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
By agreement of existing members of the board of trustees subject to confirmatory vote.
By invitation and agreement of existing members of the board of trustees
- (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.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
For the public benefit, to relieve the needs of women in North London who are receiving treatment for cancer and have faced hair loss, in particular women who are treated at North Middlesex University Hospital.
March 2012
TAR
2
- Online Coffee Mornings and evening mockltail clubs to bring together support groups with facilitators whom can open discussions around shared experiences. Wigs For Heroes provides each attendee with a box of premium products and suitable for those undergoing active cancer treatment and each event is fully free to attend with tickets made available via the Eventbrite platform.
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)
-
Information stalls at events run by Tottenham Hotspurs – we had a stall providing details of how we provide free pamper boxes with products donated by leading beauty brands including Benefit, Kiko Milano, By Sarah London and other beauty influencers.
-
We have developed a community online that has a large following on both Instagram and Facebook with a combined reach of over 5000 followers on both platforms, we have been able to use these platforms to build positive relationships with other charities such as Breast Cancer Care UK, McMillan and Future Dreams, working with these groups has allowed us to create events with mainstream brands such as MAC Cosmetics that are free to attend and help those who follow us online to build friendships that spill out of social media and into daily life.
-
We provide Grants and also pamper boxes for free in line with our constitution to North Middlesex university hospital with one bag run each week.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
March 2012
TAR
3
Section D Achievements and performance
Summary of the main achievements of the charity during the year
Key achievements of the year were the successful progress towards the below stated aims have been and are not limited to the below;
-
Launch of brand new website with information and integration into fund giving and social media platforms
-
Pamper boxes have continued and are now delivered weekly with a core team of volunteers who are preparing these in advance with a significant increase in male recipients.
-
Further work and collaboration with other local groups including the Selby centre and edible London in delivering awareness of what we do to a much wider audience many of whom are not able to access online resources.
-
Creation of more volunteer roles and strengthening of the team currently with a core team of 8 individuals who are long term volunteers.
-
Continued ability to limit all untoward expenditure to only expenses for office space and essential outlays in regards to postage and core infrastructure.
-
Transition to an office space.
-
Transition to a fixed ERP Platform to reconcile cashflow and accounts for future audits as NET NEW income expected to surpass 25k in 2021 and accounting controls are key to this.
March 2012
TAR
4
Section E Financial review
Brief statement of the charity’s policy on reserves
Wigs For Heroes utilises a model of growth that has little to no impact on cash reserves and seeks to find partners and organisations that can fund through service provision and donations the required liquidity to fund future projects.
We see having a strong cash reserve as being intrinsically linked to our future ability to provide financial grants.
Ensuring that our outgoings can be regulated strictly enough to allow this to happen is our key priority in enabling our continued growth and future existence within our community.
Details of any funds materially in deficit
The charity has no deficits and no outstanding debts of any kind.
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);
Wigs for Heroes key source of funds is fundraising, this is via Amazon Smile, CAF online, Virgin Giving and direct donations on other online platforms now including the like of Donr and community group action which will result in a greater sum of gift aid to be collected against donations.
-
how expenditure has Grant applications are also a key area of growth for us as this allows for funds to be utilised for specific products without impacting upon cash
-
supported the key objectives of the charity; reserves.
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Matthew Foncette Position (eg Secretary, Chair, Finance Director etc) Date 15/10/2021
March 2012
TAR
5
Wigs For Heroes
Wigs For Heroes 1177051 Receipts and payments accounts For the period 01/01/2020 31/12/2020 To from
----- Start of picture text -----
CC16a
----- End of picture text -----
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 16,415 6,986 142 84 288 23,916 - - - 23,916 572 90 450 109 47 451 150 121 131 26 368 900 68 266 421 39 4,209 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 16,415 6,986 142 84 288 23,916 - - - 23,916 572 90 450 109 47 451 150 121 131 26 368 900 68 266 421 39 4,209 |
Last year to the nearest £ |
|---|---|---|---|---|---|
| CAF donations | 16,415 | ||||
| Direct donation - Virgin, Donr, otherplatforms |
6,986 | ||||
| Amazon Smile donations | 142 | ||||
| Credit from suppliers | 84 | ||||
| Cash Donations | 288 | ||||
| Sub total(Gross income for AR) |
23,916 | - | |||
| A2 Asset and investment sales, (see table). |
|||||
| - | |||||
| - | - | ||||
| Sub total | - | - | |||
| Total receipts A3 Payments |
|||||
| - | |||||
| 1&1 INTERNET - Email and domain storage |
572 | - | - | 572 | - |
| Licensing Haringey council & Fundraisingregulator |
90 | 90 | |||
| Merchandise | 450 | 450 | |||
| Company servcies - Rapid Formations |
109 | - | - | 109 | - |
| Trustee expenses | 47 | - | - | 47 | - |
| Printingandpackaging | 451 | - | - | 451 | - |
| Video Editing | 150 | - | - | 150 | - |
| Insurance | 121 | 121 | |||
| Equipment and materials | 131 | - | - | 131 | - |
| Infrastructure services phone and ERP |
26 | 26 | |||
| office equipment and fitout | 368 | 368 | |||
| Office rent | 900 | 900 | |||
| Shopify- Paymentplatform | 68 | - | - | 68 | - |
| Gifts for volunteers | 266 | 266 | |||
| Royal Mail Postal services | 421 | - | - | 421 | - |
| Event Tickets | 39 | - | - | 39 | - |
| **Sub total ** | 4,209 | - | - | 4,209 | - |
| Event Tickets **Sub total ** |
39 4,209 |
- - |
- - |
39 4,209 |
- - |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A4 Asset and investment | ||||||||||||||
| purchases, (see table) | ||||||||||||||
| - | - | - | ||||||||||||
| - | - | - | - | |||||||||||
| **Sub total ** | - | - | - | - | - | |||||||||
| Total payments | 4,209 | - | - | 4,209 | - | |||||||||
| et of receipts/(payments) | 19,707 | - | - | 19,707 | - | |||||||||
| **A5 Transfers between fund ** | - | - | - | - | - | |||||||||
| **A6 Cash funds last year en ** | 11,566 | - | - | 11,566 | - | |||||||||
| Cash funds this year end | 31,273 | - | - | 31,273 | - | |||||||||
| CCXX R1 accounts (SS) | 1 | 31/10/2021 |
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets CCXX R2 accounts (SS) |
Signature Details Details HP printer Storage units Cash at bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details 2 |
Unrestricted funds Restricted funds to nearest £ to nearest £ 31,272.72 - - - - - 31,273 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Matthew Foncette |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 40 | |||
| 75 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Matthew Foncette | 15/10/2021 | ||
| 2 | 31/10/2021 |