2022-03-31-accounts

Trustees’ Annual Report for the period

From 1/4/21 Period start date To 31/3/22 Period end date

Charity name: ALARA FOUNDATION

Charity registration number: 1183849

Objectives and Activities

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SORP reference
Summary of the Para 1.17 The relief of people who are in need
purposes of the charity because they are:
as set out in its (a) homeless or at risk of becoming
governing document homeless;
(b) elderly and suffering financial
hardship
and/or ill-health;
(c) victims of sex trafficking, or
(d) victims of domestic abuse,
in particular, but not exclusively, by
the
provision of financial support.
Summary of the main Para 1.17 and
1.19
activities in relation to We have donated £10,000 to Solace
those purposes for the Women’s Aid charity across two
public benefit, in payments this year. Solace ran a ‘Big
particular, the activities, Give’ fundraiser and Alara Foundation
projects or services agreed to match what was raised.
identified in the
accounts.
Statement confirming Para 1.18 n/a no activity
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional) You may choose to include further statements where relevant about:

SORP reference n/a no activity Para 1.38 Policy on grant making n/a no activity Para 1.38 Policy on social investment including

program related investment n/a no activity Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference n/a no activity Summary of the main Para 1.20 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.

Additional information (optional)

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You may choose to include further statements where relevant about:
n/a no activity
Achievements against Para 1.41
objectives set
n/a no activity
Performance of
fundraising activities Para 1.41
against objectives set
n/a no activity
Investment performance Para 1.41
against objectives
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other

Financial Review

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Review of the charity’s Para 1.21 Founder grant was donated, and so
financial position at the financial position remains the same
end of the period
Statement explaining Para 1.22 Currently the charity has not been
the policy for holding actively fundraising therefore we hold
reserves stating why no reserves
they are held
Amount of reserves held Para 1.22 Funds in the bank account total £542
Reasons for holding zero Para 1.22 The foundation struggled to get
reserves underway with activity due to covid
during this period. Instead we have
been planning objectives and forging
relationships with other charities
Details of fund materially Para 1.24 n/a
in deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)

You may choose to include further statements where relevant about:

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The main funding source will come
from the Founder, £10,000 was
The charity’s principal donated so far and these funds have
sources of funds Para 1.47 been bequest as detailed above.
(including any Due to covid causing restrictions in
fundraising) our activity and the founder currently
working abroad, there has been no
other activity
Plans were stalled due to covid and
Founder working out of the UK, we
Investment policy and intend to commence working on our
objectives including any Para 1.46 objectives in the next period
social investment policy
adopted
Covid has been a significant reason
why the
A description of the Para 1.46 charity has been delayed in getting
principal risks facing the started.
charity We don’t see any immediate risks
unless
Covid continues to disrupt our plans.
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Charitable incorporated organisation
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charitable incorporated organisation
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Future Trustees must be appointed in
methods including writing by the Chair of the Trustees
details of any Board
constitutional provisions during their lifetime or by a resolution
e.g. election to post or passed at a properly convened
name of any person or meeting of
body entitled to appoint the Trustees after the Founder’s
one or more trustees lifetime.
In selecting individuals for
appointment as
Trustees, the Chair of the Trustees
Board,
as may be the case, must regard the
skills,
knowledge and experience needed for
the
effective administration of the CIO.
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Additional information (optional)

You may choose to include further statements where relevant about:

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The Trustees will make available to
each
Policies and procedures new Trustee, on or before their first
adopted for the Para 1.51 appointment: a copy of the current
induction and training of version
trustees of this constitution; and a copy of the
ClO's
latest Trustees' Annual Report and
statement of accounts.
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
n/a
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name Alara Foundation
Other name the charity
uses
Registered charity
number
Charity’s principal 51 Ebury Mews, London, SW1W 9NY
address
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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)
Simrin Annual Simrin Choudhrie
1
Choudhrie
Kate Mann Annual Simrin Choudhrie
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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) Kate Mann

Position (eg Trustee Secretary, Chair, etc)

Date 7.2.2022

Charity Name Alara Foundation

No (if any) 1183849

Receipts and payments accounts For the period Period start date To from 4/1/2021

Period start date Period end date To 4/1/2021 3/31/2022

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Founder Donation £10,000 - - 10,000
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 10,000 - - 10,000
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total [ - ] - - -
Total receipts 10,000 - - 10,000
A3 Payments
Grant to Solace Women's Aid 5/7/21 5,000 - - 5,000
Grant to Solace Women's Aid 13/1/22 5,000 - - 5,000
- - - -
Legal fees - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total 10,000 - - 10,000
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 10,000 - - 10,000
Net of receipts/(payments) - - - -
A5 Transfers between funds - - - -
A6 Cash funds last year end 524 - - 524
Cash funds this year end 524 - - 524
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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 £ - - - 524		to nearest £ - - - -
	(agree	balances with receipts and payments account(s))	OK	OK
			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		liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
	Kmann		Kate	Mann

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CC16a
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Last year

to the nearest £ 3,420 - - - - - - - 3,420

3,420

3,420 - - - - - 3,420

3,420 - - 524 524

Endowment funds

to nearest £

-

OK

Endowment funds to nearest £

-

Current value (optional)

-

Current value (optional)

When due (optional)

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Date of
approval
7.2.23
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