CHARITY COMMISSION FOR ENGIAND WAIES Trustees. Annual Report for the period From 1•1 April 2020 To 311 March 2021 Charity name: The Island Collection Charity registration number. 1183881 Objectives and Activities surfftry of the purFoses of Ihc ctharily as set in ils To arts, r3Jlture and hcTita r)n the Isle of Wighl by SuppLVtin9, prcfft)tsng and develw.ng the IsSand' arts, cuttural and e scdor the tencfit ol all. The main acbvty for the year wa5 the tr1glrtin into thc Island Collectlon of tr Cultural Edu(XlK)n Pathrshp as a rjynmrttce. Trustces alx) ryked colktKXatr¥ety to tM(J lor fundin9 10 SUPFth the hÉfitage action zone for N.ew. rt. whth a8 SLsccessful. In undertakn'ng these admhes, tho trLJStees of the Island Collectirm are are of ttbe Chanty ComMiSS.s guidance public benefft armj urKlertako to duly lakc this into Summary of Ihe rrkain activities in relat to those purposes lor the public bcncfil. in paCular, athvilEs. projects services Klentrffftl in Ihe ryxJnl5. Statemcni confimiir trtlher the trustees have haj regard to the guidan Issued by the Charity Ccmrnisshjn ¢)n wblic 1.17¥d Additional infornjatbon (optional) You ma thcx)se w ifKJude further Slatements where relevant abcut | SOFIP Pow on grant makirKJ Pw¥ 1.38 Policy on sCla[ invesiment includiry Kwram rclaled irNèstment Pwa 1.30 Conribubon m* by volunteers P•4 1.3 Other
Achievements and Perforniance The dnty sought 10 strenn tho toarri I with appjntment of addibonal trustee5. The thanty welt¢x-rd the transition ol the Itural educats'on partne into tharity as a c£)mrnittee. The chanty wcyked collaravelY to develop succes51ul furKliry tmds the ' ycar 2021122. Summary ol the main achievements of the chanty, identy'ng Ihe drfferermx Ihe charty's work has madc to thp. circumstances of its beneficiarics aThJ any ider beneffts Io SOCiy a5 a whole. P¥è 13) Additiorwl inforntIon (optwal y( ma toSe lo indude further stateMts vthere relevant at(•uL' Achievemonts against objeclwcs sot P¥• 1.41 Performanco of ftJndraln9 aclJvrtEs against c&ieaives P* 1.41 Inveslment performar againsl obj'ectivcs IAI
Financial Review Review of the thamys financial F¥)Si1th ai ts erJ P¥¥ 121 The ttharity had suffK>ent funds in tAace lo i er6ure It c£)uld carry otrt Tts charitsble ' a¢tivils. The closing balance was £4.637.00 Thc drity emp4DyS no S&. It holds reserves equivalent to not less Ihan ical Cl(n ststement explainin9 the policy for holding rcserves statin véhy Ihey are held Amount of reserves hehj Re8sons for tK>kJir¥J zero P•122 P¥4 122 Wa 12Z Detsils ol lund materially in dofical Expnation of any UnrtaIntieS about the charity ¢tinU1(j a5 a goirvj Ptra 124 P¥a123 Additi<)nal information (optional) You ma lo indude furttw stslements Vre rclevanl aiK)uI" The Chanty ts lurKScd mainty from grants. The charity's principal soule5 of funds lindudir any fundraisiry) Pw¥ 1.47 The chaiity dces not wrrenty have an inveSnI licY. Investment and obpctiVQS incltMJiThJ any ial inveslment pol adopted P¥• 1.46 The main faong tt)e chanty is failure to rxopety engage with an(J Ihereby be seen as a support to: the Island's arts. Ituro and hÈrila9e sector. This ftsk hN dunryj twcmj of ihe Cov19 A doscriplion of the prirhipal risks faciryJ chanty Pa 1.46
Structure. Governance and Management DescriptM)n of chanty's trusts: Type of goveming (l(xuwt P3ta 1.25 How is the charity conslitutod? P¥a 125 Charitable Inc4YPCfated Organisation ratcd cic., Trustee seledion rnethcwts indudiry details of any conslrtulK)nal provisions e.g. elecb'on to post or name of any Forson or enbljed to apwint or rrrtye P¥J12> There bc a nNnimum of 5 Iru51ee5 aThJ a maximum of 11. Truslees are selected to represent a drverse crc¥SS scctton of the Isle of Wuht'5 arts. ojlture arKI heriw se. ProsFCtive trustees are intcrviewed by al least IrLJslees or may bc invited to allend a trus1& rnccb.ng as an ObSerr belorc bei nled AddrtionJl information (optionaly You ma ch)osc to include further sLitemcnts VA relevant aLxvJt The charity Is deve1cvir its Fdicies and rKccesses for the induction and tr&'ning of trusiees.. InrtlIY thc new rnjsiee is guided to read the ccBt1tuti ol the charity. the role a5 respcx)Sitslibes ol a trustee provKJed by the Charty C(Mnmission and lo rret th ottr charity trustocs c4Jtside ot the mcctiNJs. The charity has an Indonden1 Chair (recTUrtcd followirx3 the current year thy. a company sefftlary and trcasurer. The chanty has a collaix)r81ive relationship Viith Venture South and rcwi?enlab"ves sit as Ob$epr5 on each otherfs boar(ts. Poliues and prctedu ad¢Wtcd the inducti and trainiNJ d trustees Pa 1.51 Thc charity's organiSaticKl slrudure and any VAder nefvvcKk wtlh which the drty V&KYks PaB 1.51 Relalw)nship with any related parties 151 Reference and Administratsve details narr Olher namc iho chAn The Island CCItI(n Uses Charity's principal address cjo Indcpertht Arts. The CreatNe Hub. 48149 Hh Strcet. Newm Isle of WMJhL P030 1SE
Mames of the charity trustees WI manage the charity Offi( {rf iy} Virgil Philpott Chair & fouTrJin9 Tnjstcc From 131C612019- stepFed as c*a 710112021 Co-optcd Chris Slann Vice Chair & founding trustee Foundiro trustee Fi)undiro trustee Foutra trustoc FoundiThJ tntstee FoundiThJ Truslee FwrKlirKJ Irustee From 131C612019 C1n3 Westwoo(J JacJ]ui Cusack Frcffi 131C612019 FrLvn 1310ffI019 From 1 )612019 From 1310612019 From 131C612019 From 131CW2019 to 301112020 17109r2020 Rodnoy IrelaThJ lan B¢d Richard Lisa Gagliani MBE Sirnn Harrison Twstce 10 Trustcc arKI chair of trusiees 710112021 10 11 12 13 14 15 16 17 18 19 rate trustoes - names of rfire¢l¢ys at date the re asa nawr Name of trustccs hdding title to woperty belorKJing lo ¢hwity
Funds held as custodian trustees on behalf of others Descripln of thc assets held in this capacity Name and objects of the dwrity on whose behalf the assets are hebj ar¥J how Ihis falls ¥nlhin thc custC#dian charity's objects Details of arrarKJements for safè custoty and segregation of assots chan'ty's assets Additional information (optional) Names and addresses of advisers (Wily1 informthn) Typ¢ of Name adviser Name of chief exocubv¢ or names of senior staff members {Optional infornwtion) Exemptions from disclosure Rcason f(x rlISch?$Ure of ke nèl details Other optional inforniation
Declarations Signed on behalf of the ¢hariVs trust•es Si9naturfs) Full narrfs) Position (eg Secretary. Chair, etc) SIr)n Harris Char of Tee$ Date 6.12.2021
document1531262059892949508
| Transaction Date | Transaction Type Sort Code | Transaction Type Sort Code | Account Number |
|---|---|---|---|
| 24/03/2021 | FPO | '30-90-89 | 51806560 |
| 24/02/2021 | FPO | '30-90-89 | 51806560 |
| 24/02/2021 | FPO | '30-90-89 | 51806560 |
| 03/12/20 | FPO | '30-90-89 | 51806560 |
| 02/12/20 | DEB | '30-90-89 | 51806560 |
| 19/11/2020 | BGC | '30-90-89 | 51806560 |
| 12/10/20 | FPI | '30-90-89 | 51806560 |
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document1531262059892949508
Transaction Description
MRS SARAH E GIRLIN 100000000730756296 ISLAND COLLECTION 403025 10 24MAR21 09:04 VENTNOR EXCHANGE C 200000000717637271 ISLAND COLLECTION 403426 10 24FEB21 15:27 GEORGIA NEWMAN 600000000719397776 ISLAND COLLECTION 779504 10 24FEB21 15:27 MRS SARAH E GIRLIN 300000000688260993 ISLAND COLLECTION 403025 10 03DEC20 12:10 WORDPRESS 0E82JGYX CD 3519
IW COUNCIL - AP 1000 2002557001 K
STEVE ROSS FOUND INVOICE 001 RP4679969955434400 206055 10 12OCT20 16:28
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document1531262059892949508
| Debit Amount | Credit Amount | Balance |
|---|---|---|
| 600 | 4637 | |
| 1000 | 5237 | |
| 1000 | 6237 | |
| 300 | 7237 | |
| 414 | 7537 | |
| 1500 | 7951 | |
| 6451 | 6451 |
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