2021-06-30-accounts - Clothe ME - Thank You

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Trustees' Annual Report for the period

Period start date Period end date 1[st] July 2020 30 June 2021

From

Section A Reference and administration details

Charity name Clothe Me – Thank You

Other names charity is known by Registered charity number (if any) 1178825

Clothing Collection

Scratch Hub – Battersea Arts Centre

Lavender Hill Road London Postcode SW11 5TN

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 Antony Wroe Chair
2 Eleri James Trustee
3 Margaret Breen Trustee
4
5
6
7
8
9
10
11
12
13
14
15
16
17
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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)

Antony Wroe

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

(eg. trust deed, constitution)

CIO Foundation How the charity is constituted

(eg. trust, association, company)

Appointed by the existing trustees. Trustee selection methods

(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

March 2012

TAR

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

The relief of poverty or financial hardship in particular but not exclusively by providing grants via redeemable vouchers for everyday clothing to individuals and families in financial need. The redeemable vouchers are able to be redeemed exclusively at participating charity shops throughout the United Kingdom of Great Britain.

Designed to bridge the gap between charity shops and people that cannot afford to clothe themselves and their families by providing access to clothing stock held at charity shops. Clothing Collective provides a monetary value voucher redeemable in partner charity stores, enabling people in need to choose their own clothes with dignity without having to rely on hand-outs.

The vouchers are offered to people in crisis redeemable at partner charity shops. When they are spent, a secondary benefit occurs by raising funding for the shops own charitable cause, with Clothing Collective returning the cash value of the voucher back to them.

How does it work?

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)

Money raised through donations and online retail partnerships
Donations converted into vouchers
Vouchers distributed to people identified through a network of food banks and charities
Vouchers can be spent in any of our partner charity shops
Charity shops exchange the voucher for money for their own cause

Why is it needed?

There are daily studies on the increase of rough sleeping, homelessness and households in poverty, with recent examples showing an increase of nearly a third in rough sleepers over the past year, and pockets in large cities with two-thirds of children living in poverty-hit families. Reports show that more than one in five of the UK population (22%) is in poverty, and whilst food banks have appeared across the UK to provide support, there are less options for finding clothing.

The charity trustees declare that any debts and other liabilities of the CIO have been settled or otherwise provided for in full in accordance with its constitution.

Additional details of objectives and activities (Optional information)

March 2012

TAR

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

policy on grantmaking;
policy programme related investment;

Clothing Collective partners with third party charities such as Food banks and shelters, etc. who work with venerable people where they are able to identify the needs of those using their services by way of assessing the requirements in having access to clothes. By partnering with these third-party charities, they are able to distribute Clothing Collective vouchers on our behalf in a structured and professional environment which is vital to our operations, as Clothing Collective doesn’t distribute vouchers directly to individuals.

This year we have again managed to attract volunteers to join the charity who have been willing and able to make contributions to the development of the charity.

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

This past year has brought challenges, notably the ongoing time involved attracting and managing new volunteers which cannot be underestimated the time this takes up.

It goes without saying the unfortunate major knock-on effects and ramifications that have been associated with the consequences of Covid-19 which has had a continuing significant effect on the charity.

Due to Covid, all planned events where subsequently cancelled, resulting in all the fundraising opportunities being wiped out. Apart from the obvious concern and disappointment this caused, the income we had anticipated being taken away was an enormous setback which was very demoralising not being able to reap the rewards for all the efforts that had been planned.

The results of this, effectively put the operations of the charity on hold, due to all the charity shops being closed, preventing the very essence of what we are set up to do not being allowed to happen. This prevented our beneficiaries having access to the shops where they are able to redeem the vouchers.

We launched the rebrand and design of the new charity name and website which has been well received.

We have continued to receive enquiries from different organisations requesting support in providing them with our vouchers which has been encouraging in the sense our name and reputation has grown. We have had to be very selective when considering these requests to support such causes due to our own limited funding.

We are pleased to report one of our Trustees who was due to stand down at the end of her two year term has agreed to continue as a Trustee. In addition to this we have also recruited a new Trustee from our group of volunteers who will join the Board as of the 1[st] July 2021.

Section E Financial review

March 2012

TAR

Brief statement of the charity’s policy on reserves

With the Covid situation effecting our need for expenditure, this policy is under review.

Details of any funds None 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);

With charity shops being closed due to Covid, this has created a situation where although we have funds available to finance the provision of our vouchers, we have not received as many redeemed vouchers back from the charity shops requiring us to repay them. This is not a major issue in itself, other than where we have generated revenues to finance our vouchers, we are unable to demonstrate the expenditure to benefit those people we are set up to support.

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

Whilst our activities have seriously been hampered this year, it remains a core objective for the year ahead to identify and recruit additional Trustees to the board allowing us to develop as a charity with the experience new Trustees would bring with them.

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Antony Wroe Full name(s) Antony Wroe Position (eg Secretary, Chair Chair, etc) Date 15/07/2021

March 2012

TAR

Clothe Me - Thank You Clothing Collective

No (if any) 1178825

Receipts and payments accounts

Period start date Period end date To 7/1/2020 6/30/2021

For the period from

Section A Receipts and payments

A1 Receipts

Unrestricted Restricted Endowment funds funds funds to the nearest

Total funds

to the nearest £ to the nearest £ to the nearest £

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July - - -
August - - -
September - - -
October - - -
November
December - -
January - -
February
March
April
May - -
June - -
Sub total (Gross income for AR) 8,317 - - 8,317
A2 Asset and investment sales,
(see table).
Start-up Loan 1,000 - 1,000
- - - -
Sub total [ - ] 1,000 - 1,000
Total receipts 8,317 1,000 - 8,317
A3 Payments
July - - -
August - - -
September - - -
October - - -
November - - -
December - - -
January - - -
February - - -
March
April
May
June - - -
Sub total 3,749 - - 3,749
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - -
Total payments 3,749 - - 3,749
Net of receipts/(payments) 4,568 1,000 - 4,568
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 4,568 1,000 - 4,568
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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	Agreement Error
			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 Start-up Loan		Restricted Fund liability relates	1,000 - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
	Antony Wroe		Antony Wroe
	Margaret	Breen	Margaret Breen

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CC16a
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Last year

to the nearest £

9,528

5,153

5,153 4,375 - - 4,375

Endowment funds to nearest £

OK

Endowment funds to nearest £

Current value (optional)

When due (optional) Open ended interest free

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Date of
approval
7/15/2021
7/15/2021
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