Trustees’ Annual Report for the period
From 01/01/2020 To 31/12/2020
Charity name: The Cinderella Initiative
Charity registration number: 1183740
Objectives and Activities
| Summary of the purposes of the charity as set out in its governing document |
The relief of financial hardship, the promotion of social inclusion, the relief of sickness & preservation of health among underprivileged, special needs, or terminally ill teenage girlslivingin Northamptonshire. |
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| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identifiedinthe accounts. |
Providing a dress and beauty makeover for prom, or any special occasion. |
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| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
The Trustees for the purposes of company law, are responsible for preparing the annual with applicable law and the United Kingdom’s Generally Accepted Accounting Practice. |
Achievements and Performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Since the launch of the Cinderella Initiative Charity Corporate Plan in 2019, the Charity has invested in a programme of continual improvement to build expertise, resilience, and efficiency in those internal services and functions that are vital to the charity’s success and future. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
£331.25 | |
Statement explaining the policy for holding reserves stating why they are held |
As of 31 December 2020, The Cinderella Initiative holds reserves of £1,500. £1,000 of the charity’s reserves are held for general purposes and the remaining £500 are subject to certain restrictions set / beneficiary criteria met. |
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| Amount of reserves held | £1,500 |
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| Reasons for holding zero reserves |
Not Applicable | |
| Details of fund materially in deficit |
Not Applicable | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Not Applicable |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Trust Deed | |
| How is the charity constituted? |
CIO | |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
A Trustee must be a natural person aged 16 years or older, the minimum number of Trustees is 3 and the maximum is 16. Trustees sign up to a declaration of commitment to achieve the objectives of The Cinderella Initiative and regularly declare any conflicts of interest. The Selection of a trustee is via election to post. |
Reference and Administrative details
| Charity name | The Cinderella Initiative |
|---|---|
| Other name the charity uses | Not Applicable |
Registered charity number |
1183740 |
| Charity’s principal address | Not Applicable |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year Not Applicable Not Applicable Not Applicable |
|---|---|---|---|
| Adebola Anonye | Not Applicable | ||
| Gail Davis | Not Applicable | ||
| HenryAnonye | Not Applicable | ||
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
Not Applicable |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
Not Applicable |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
Not Applicable |
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Adebola Anonye Position (eg Secretary, Trustee Chair, etc) Date 29/09/2021
THE CINDERELLA INITIATIVE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| The Cinderella Initiative Profit & Loss Account Turnover Cost Of Sale Gross Profit Administration Expenses Operating Profit Amount Payable by Gift Aid to The Cinderella Initiative Profit on Ordinary Activities The Cinderella Initiative Balance Sheet Fixed Assets Tangible Assets Investments Current Assets Debtors Cash at Bank and in Hand Current Liabilities Creditors Trade Payables Net Assets Reserves Total Liabilities & Reserves |
2020 (£ 422.63) (£ 91.38) |
2019 (£ 2,630.00) (£ 2,600.00) |
|---|---|---|
| (£ 331.25) (£ -) (£ 331.25) (£ -) (£ 331.25) 2020 (£ -) (£ -) (£ -) (£ -) (£ 331.25) (£ 331.25) (£ -) (£ -) (£ -) (£ 331.25) 331.25 (£ 331.25) |
(£ 30.00) (£ 490.00) |
|
| (£ (460.00) (£ -) |
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| (£ (460.00) |
||
| 2019 (£ -) (£ -) |
||
| (£ -) (£ -) (£ 1,168.75) |
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| (£ 1,168.75) (£ 1,168.75) (£ -) |
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| (£ 1,168.75) |
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| (£ -) |
||
| (£ -) |
||
| (£ 1,168.75) |