## ## ## |Names and addresses ofadvisers|Names and addresses ofadvisers|(Optional|information)|information)||| |---|---|---|---|---|---|---| |T
ofadviser
Name||||Address||| |Name ofchief executive or names||ofsenior|staff members||(Optional|information)| |Antony Wroe||||||| |~
s||0|~ ~|0|4
~|| |Description ofthe chary's trusts||||||| |Type ofgoverning
document|Constitution|||||| |How the charity is constituted|CIO Foundation|||||| |Trustee selection methods|APPointed
bY the existing trustees.|||||| |Additional|Additional|governance
issues (Optional|governance
issues (Optional|information)| |---|---|---|---|---| |You may choose to include||||| |additional||information,
where||| |relevant,
about:||||| |~|policies|and procedures||| ||adopted|for the induction|and|| ||training|oftrustees;||| |~|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.|||| ## ## ## ## |r
0
~| |---| |With the events we had set up in 2021 namely the London Landmark
Half| |Marathon
and the London Marathon
out ofthe way, we were able to| |assess the benefits from having taken part in these events.| |Setting them up and finding enough
supporters
to run in the marathons| |for us isa very time-consuming
operation.
This is compounded
by the| |fact Clothing
Collective isa little-known
charity so it's particularly
difficult| |to attract runners to run for us at this stage in our development.| |Given the financial
investment
required
to take part in these events and| |the excessive time involved
managing
them, the monetary
return| |received was disproportionate
to the investment
in time and money put| |in.| |Therefore, we decided to relook at our priorities for the year ahead which| |we identified as being imperative
we recruited
new trustees to the board| |who would be able to bring their skills and experience to the charity.| |We identified we needed trustees
with skills in business
development
to| |steer the way ahead
building
new relationships
within the corporate| |sector and PR &Communications
who would be able to steer getting the| |charity name to the wider audience.| |In addition to this we formally partnered
with Charity Retail Association| |who are rolling out the introduction
oftheir very own gift card. This isa| |significant
development
for us and it immediately
opens up all members| |ofthe CRA who opt into accepting their gift cards to us.
In addition,
it| |automatically
removes a layer ofbusiness development
where Clothing| |Collective would have had to undertake
to sign up shops toaccept our| |vouchers.
With this partnership
we are relieved from that onerous task| |and responsibility
and ofthe chore ofmaintaining
a regular relationship| |with the shops as this is all taken care ofby the CRA. The forecast of| |new shop signing
up to the gift card scheme is in the region of3,000| |shops by the end ofthe year.| |The development
ofworking
with the CRA and their Gift Card scheme,| |means Clothing Collective
will replace issuing our paper-based
vouchers| |in favour ofissuing
Gift Cards instead.| |We have made some progress where we have recruited
volunteers
who| |are working
on developing
our website with the intention
of building
our| |own database ofsupports
allowing
us to keep in touch with them.| |We have identified
an agency where we have outsourced
our fundraising| |activities such as grant applications.
It is early days yet and not enough| |time has elapse for us the assess the result ofthe project, but should
it| |be successful as we anticipate,
we would expand
using the outsourced| |agency.| |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 selective when considering
these requests to support such| |causes due to our own limited funding.| |0||||||| |---|---|---|---|---|---|---| |~||||||| |Briefstatement ofthe|We hold|enough reserves to meet any liabilities.||||| |charity's
policy on reserves||||||| |Details ofany funds materially
in deficit|None|||||| |Further financial
review details|(Optional|information)||||| |You may choose to include
additional
information,
where
relevant about:
~
the chanty's
principal|With the introduction
ofthe CRA gift card, this allows the charity greater
control ofour finances as we are purchasing
gift cards in advance where
we are able to monitor their use such as redemption
or expiry from the
back-end
portal the CRA provides to us.|||||| |sources offunds (including||||||| |any fundraising);||||||| |~
how expenditure
has||||||| |supported
the key objectives||||||| |ofthe charity;||||||| |~
investment
policy and||||||| |objectives induding
any||||||| |ethical investment
policy||||||| |adopted.||||||| ||~|~ ~
~
r|~
e
~|||| |O|CHARITY COMMISSION
FOR ENGIANO
ANO WAlES|CHARITY COMMISSION
FOR ENGIANO
ANO WAlES|CHARITY COMMISSION
FOR ENGIANO
ANO WAlES|CHARITY COMMISSION
FOR ENGIANO
ANO WAlES|||Clothe 38e - Thank|You -"Clothing|Collective"|Collective"|1178825|| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Recei|ts and|a|ents accounts||CC16a| |||||||||||To||| |||||||||01/07/2021|||30/06/2022|| ||||'|||||||||| ||~|||-
-||||||||| |||||~
~|~|~ ~||||||| ||||||||Unrestricted
funds|Restricted
funds||Endowment
funds|Total funds|| |A1 Recei||||||||||||| |Interest|&Olher||income|||||||||8,317| ||||ross /ncome||r|||||||| |||||||||||||8,317| |||an|mvestmentsa,||see|||||||| |||||Total receipts||||||||| |Purchase|of|charity gilt cents / vouchers|||||3,785|||||| |Admtnistrasve
Expenses
NPG Grant Starter Pack|||||||5,000|||||3,420| |||||Sub|total|||||||| |A4Asset and|||investment
purchases,|||||||||| |||||Sub|total|||||||| |||||Total payments|||12,888|||||3,748| ||Net ofrecelptsl(paymenfs)|||||||||||| |A5 Transl'ers|||between funds|||||||||| |ASCash funds last year end
Cash funds this year|||||end|||||||7,
12,1| ||~|a||~|~|~|~|~|~|~|||~|e ~||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted||||||Restricted|Endowment|| |||Uuta&jor|tKs||Details|||to|funds
nearest|||0||funds
tonearest 0|to|funds
nearest f| |B1Cash||funds||||||||||2,709||||| ||||||||||||31~7|||||| ||||||||Tofal cash t'unds|||||||||| ||||||(at)me|barr@ca|with receipts and paymenla
~a))|||||||||| |||||||||Unrestricted||||||Restricted|Endowment|| ||||||||||funds|||||funds||funds| ||||||Details|||to|nearest|||0||tonearest r.|to|nearest 0| |B2Other||monetary|assets|||||||||||||| |||||||||Fund||to|whhh|||~|Current value|| ||||||Details|||asset||||||||onal| ||||||||||||||||Current value|| ||||||Details|||||||||||onal| |B4Assets retained|||forthe|||||||||||||| |charity's||own use||||||||||||||| |||||||||Fund||to|whkh|||||| ||||||Details|||llahll||relalas||||||| |B5Liabilities||||||||||||||1,000||| |Signed by one or two trustees on
all the trustees||||behalf of||Signature||||||Print|Name||Date of
a
val|| |||||||||||||||5r&~|g~.5.~2.|| ##