Trustees’ Annual Report for the period
From 01.04.23 Period start date To 31.03.24 Period end date
Charity name: The Arete Foundation
Charity registration number: 1184657
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society, in particular, but not by way of limitation, in the North of England and by making grants as the trustees see fit from time to time. For the purpose of this clause ‘socially excluded’ means being excluded from society, or parts of society, as a result of one of more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender reassignment; poor educational or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards); crime (either as a victim of crime or as an offender rehabilitating into society). |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Foundation (the trustees and executive) used this period to award grants in line with furthering our purposes. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had guidance on public benefit as issued by the Charity Commission. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| 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. |
Para 1.20 | The Foundation has awarded grants for charities operating across the North West in line with our purposes. The grants have all had the focus on providing young people a sustainable future, by offering opportunity to realise potential. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 |
|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Yes |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The foundation aims to hold reserves of 15% of income received (as a minimum) to support sustainable grant giving and to ensure no grant pledges are unfulfilled. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution Document |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | 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 |
Para 1.25 | Trustees to date have been selected due to their vision and values and their commitment to furthering the objectives of the foundation across the north west. The trustees will actively recruit for further trustees in the future, when appropriate – this will be achieved via an online recruitment process and in-post trustees will have a vote of equal value relating to the recruitment. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Arete Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1184657 |
| Charity’s principal address | First Floor |
|---|---|
| 14 Castle Street | |
| Liverpool | |
| L2 0NE | |
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 |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Michael Fletcher | ||||
| David Ian Moore | ||||
| Benjamin Hatton | ||||
| Michael Anslow | ||||
– 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
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for N/A 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) Alexandra Taliadoros Full name(s) Alexandra Taliadoros
Position (eg Secretary, Foundation Director Chair, etc)
Date
16-09-24
| Date | Item | Amount Payer |
|---|---|---|
| 31.01.23 | Credit Interest | £ 1.26 Arbuthnot Latham |
| 28.02.23 | Credit Interest | £ 1.00 Arbuthnot Latham |
| 14.03.23 | Donaton | £ 500.00 D B Remeditaton |
| 20.03.23 | Donaton | £ 67.81 Enthuse |
| 20.03.23 | Donaton | £ 500.00 ACP |
| 21.03.23 | Donaton | £ 500.00 Flue and Ductng Ltd |
| 22.03.23 | Donaton | £ 500.00 Langtons Ltd |
| 28.03.23 | Donaton | £ 500.00 HD LLP LP |
| 28.03.23 | Donaton | £ 1,000.00 Artorius Wealth |
| 01.04.23 | Credit Interest | £ 0.81 Arbuthnot Latham |
| 05.04.23 | Donaton | £ 1,000.00 Leonard Curts |
| 12.04.23 | Donaton | £ 1,000.00 Red Systems |
| 13.04.23 | Donaton | £ 1,000.00 Sedulo Accountants |
| 13.04.23 | Donaton | £ 500.00 T A Forrest |
| 14.04.23 | Donaton | £ 3,500.00 ACP |
| 14.04.23 | Donaton | £ 500.00 Hope Capital |
| 14.04.23 | Donaton | £ 1,000.00 Dynamis Associates |
| 19.04.23 | Donaton | £ 1,000.00 Duality Group |
| 19.04.23 | Donaton | £ 1,000.00 Duality Group |
| 19.04.23 | Donaton | £ 500.00 M Broomhaugh |
| 20.04.23 | Donaton | £ 500.00 CAF |
| 20.04.23 | Donaton | £ 720.17 Enthuse |
| 20.04.23 | Donaton | £ 500.00 R M Smith |
| 21.04.23 | Donaton | £ 500.00 Fairway Int Travel |
| 21.04.23 | Donaton | £ 1,000.00 The Propaganda Age |
| 21.04.23 | Donaton | £ 1,000.00 Tactus Holdings Ltd |
| 24.04.23 | Donaton | £ 2,000.00 Axon Moore Ltd |
| 24.04.23 | Donaton | £ 2,000.00 HART M |
| 25.04.23 | Donaton | £ 500.00 Leonard Curts |
| 25.04.23 | Donaton | £ 500.00 Silverwood CP |
| 26.04.23 | Donaton | £ 500.00 Wild Thang Ltd |
| 26.04.23 | Donaton | £ 500.00 Cobham Murphy |
| 26.04.23 | Donaton | £ 500.00 Gralex Investments |
| 27.04.23 | Donaton | £ 482.00 CAF |
| 01.05.23 | Credit Interest | £ 1.01 Arbuthnot Latham |
| 01.05.23 | Donaton | £ 1,000.00 Optmum Cappuccino |
| 15.05.23 | Donaton | £ 120.50 CAF |
| 19.05.23 | Donaton | £ 4,841.48 Enthuse |
| 01.06.23 | Credit Interest | £ 1.28 Arbuthnot Latham |
| 14.06.23 | Donaton | £ 1,000.00 Svella |
| 20.06.23 | Donaton | £ 12,313.36 Enthuse |
| 21.06.23 | Donaton | £ 500.00 Evelyn Partners |
| 23.06.23 | Donaton | £ 14,600.00 ACP |
|---|---|---|
| 01.07.23 | Credit Interest | £ 1.27 Arbuthnot Latham |
| 04.07.23 | Donaton | £ 1,500.00 Flue and Ductng Ltd |
| 17.07.23 | Donaton | £ 200.00 CAF |
| 20.07.23 | Donaton | £ 11,655.89 Enthuse |
| 24.07.23 | Donaton | £ 1,500.00 ACP |
| 25.07.23 | Donaton | £ 2,500.00 HD LLP LP |
| 31.07.23 | Donaton | £ 1,500.00 Claritas Tax |
| 31.07.23 | Credit Interest | £ 1.26 Arbuthnot Latham |
| 03.08.23 | Donaton | £ 1,500.00 S A D Holdings |
| 21.08.23 | Donaton | £ 262.98 Enthuse |
| 21.08.23 | Donaton | £ 1,500.00 D B Remeditaton |
| 22.08.23 | Donaton | £ 1,500.00 Hope Capital |
| 30.08.23 | Donaton | £ 1,500.00 C Hoare |
| 01.09.23 | Credit Interest | £ 1.06 Arbuthnot Latham |
| 01.09.23 | Donaton | £ 1,500.00 Vivify Venues |
| 04.09.23 | Donaton | £ 1,500.00 Knights Profession |
| 06.09.23 | Donaton | £ 1,500.00 Leonard Curts |
| 06.09.23 | Donaton | £ 2,500.00 Tactus Limited |
| 08.09.23 | Donaton | £ 2,500.00 Axon Moore Ltd |
| 11.09.23 | Donaton | £ 3,500.00 H M Distributon |
| 11.09.23 | Donaton | £ 750.00 Gree Shi Group |
| 13.09.23 | Donaton | £ 750.00 RP Constructon |
| 15.09.23 | Donaton | £ 2,112.27 Square |
| 22.09.23 | Gif Aid Reclaim | £ 5,028.63 HMRC |
| 26.09.23 | Donaton | £ 1,000.00 Anwyl Constructon |
| 29.09.23 | Donaton | £ 3,500.00 Aabyss Limited |
| 29.09.23 | Credit Interest | £ 0.85 Arbuthnot Latham |
| 10.10.23 | Donaton | £ 10,500.00 A B ENG MSD Ltd |
| 16.10.23 | Donaton | £ 3,500.00 Hope Capital |
| 18.10.23 | Donaton | £ 3,500.00 Cunlifes Ltd |
| 19.10.23 | Donaton | £ 3,500.00 Sedulo Accountants |
| 25.10.23 | Donaton | £ 3,500.00 LA Productons |
| 30.10.23 | Donaton | £ 3,500.00 Specialist Pro Ltd |
| 30.10.23 | Donaton | £ 7,000.00 ACP |
| 31.10.23 | Donaton | £ 3,500.00 Brabners LLP |
| 31.10.23 | Credit Interest | £ 0.90 Arbuthnot Latham |
| 01.11.23 | Donaton | £ 5,000.00 Inspired Energy Solutons Ltd |
| 02.11.23 | Donaton | £ 700.00 S L Hancock |
| 10.11.23 | Donaton | £ 1,400.00 Iafeya Limited |
| 14.11.23 | Donaton | £ 700.00 HO LLP |
| 15.11.23 | Donaton | £ 1,400.00 Corpay |
| 16.11.23 | Donaton | £ 1,400.00 Cobham Murphy |
| 16.11.23 | Donaton | £ 3,500.00 | M Green |
|---|---|---|---|
| 20.11.23 | Donaton | £ 7,000.00 | HART M |
| 23.11.23 | Donaton | £ 700.00 | Reculture Recruitment |
| 29.11.23 | Donaton | £ 2,100.00 | Duality Group |
| 30.11.23 | Donaton | £ 700.00 | Cobham Murphy |
| 30.11.23 | Credit Interest | £ 0.57 | Arbuthnot Latham |
| 01.12.23 | Donaton | £ 2,100.00 | JA Anslow |
| 01.12.23 | Donaton | £ 1,000.00 | S Lord |
| 01.12.23 | Donaton | £ 3,949.43 | Square |
| 04.12.23 | Donaton | £ 6,159.95 | Givergy |
| 04.12.23 | Donaton | £ 717.00 | ACP |
| 06.12.23 | Donaton | £ 250.00 | MR J BRY |
| 07.12.23 | Donaton | £ 1,169.60 | CAF |
| 11.12.23 | Donaton | £ 29,552.47 | Givergy |
| 11.12.23 | Donaton | £ 3,500.00 | Tactus Holdings limited |
| 13.12.23 | Donaton | £ 3,000.00 | ACP |
| 18.12.23 | Donaton | £ 5,000.00 | CAF |
| 18.12.23 | Donaton | £ 550.00 | Givergy |
| 21.12.23 | Donaton | £ 6,000.00 | Dynamis Associates |
| 22.12.23 | Gif Aid Reclaim | £ 4,043.00 | HMRC |
| 27.12.23 | Donaton | £ 337.40 | CAF |
| 29.12.23 | Interest | £ 1.21 | Interest |
| Total Raised | £ 241,846.42 |
Key
| Key | Narratve | Total | |
|---|---|---|---|
| Company Donaton by ACP | £ 30,817.00 | ||
| Interest Payments | £ 13.38 | ||
| Funds raised from Fundraising events | £ 126,949.10 | ||
| Donatons via online fundraising platorm | £ 74,995.31 | ||
| Gif Aid Reclaim | £ 9,071.63 |
£ 241,846.42
| Date | Item | Amount |
|---|---|---|
| 10.01.23 | Grant Funding Actvites | £ 1,500.00 |
| 16.01.23 | Operatonal_Consultancy | £ 1,000.00 |
| 07.02.23 | Fundraising Actvites | £ 1,000.00 |
| 08.02.23 | Operatonal_Consultancy | £ 1,500.00 |
| 16.02.23 | Fundraising Actvites | £ 1,700.00 |
| 07.03.23 | Fundraising Actvites | £ 1,500.00 |
| 09.03.23 | Operatonal_Consultancy | £ 1,000.00 |
| 13.03.23 | Grant Funding Actvites | £ 1,000.00 |
| 13.03.23 | Grant Funding Actvites | £ 5,000.00 |
| 14.03.23 | Grant Funding Actvites | £ 1,000.00 |
| 16.03.23 | Fundraising Actvites | £ 500.00 |
| 13.04.23 | Fundraising Actvites | £ 1,999.00 |
| 17.04.23 | Operatonal_Consultancy | £ 1,000.00 |
| 20.04.23 | Fundraising Actvites | £ 2,300.00 |
| 24.04.23 | Fundraising Actvites | £ 299.88 |
| 04.05.23 | Operatonal_Consultancy | £ 100.00 |
| 04.05.23 | Fundraising Actvites | £ 5,088.18 |
| 11.05.23 | Operatonal_Consultancy | £ 1,500.00 |
| 19.05.23 | Grant Funding Actvites | £ 1,000.00 |
| 22.05.23 | Design_Digital | £ 360.00 |
| 26.05.23 | Grant Funding Actvites | £ 7,500.00 |
| 01.06.23 | Fundraising Actvites | £ 400.00 |
| 02.06.23 | Fundraising Actvites | £ 250.00 |
| 13.06.23 | Operatonal_Consultancy | £ 1,000.00 |
| 28.06.23 | Fundraising Actvites | £ 1,500.00 |
| 28.06.23 | Grant Funding Actvites | £ 10,000.00 |
| 28.06.23 | Grant Funding Actvites | £ 10,000.00 |
| 30.06.23 | Fundraising Actvites | £ 202.00 |
| 12.07.23 | Grant Funding Actvites | £ 1,000.00 |
| 12.07.23 | Grant Funding Actvites | £ 5,200.00 |
| 24.07.23 | Fundraising Actvites | £ 2,040.00 |
| 24.07.23 | Operatonal_Consultancy | £ 1,000.00 |
| 24.07.23 | Fundraising Actvites | £ 8,000.00 |
| 25.07.23 | Fundraising Actvites | £ 175.00 |
| 31.07.23 | Fundraising Actvites | £ 2,798.40 |
| 08.08.23 | Grant Funding Actvites | £ 5,000.00 |
| 14.08.23 | Operatonal_Consultancy | £ 1,000.00 |
| 21.08.23 | Fundraising Actvites | £ 250.00 |
| 22.08.23 | Fundraising Actvites | £ 480.00 |
| 23.08.23 | Fundraising Actvites | £ 2,940.00 |
| 05.09.23 | Fundraising Actvites | £ 516.20 |
| 05.09.23 | Fundraising Actvites | £ 933.32 |
| 06.09.23 | Fundraising Actvites | £ 640.00 |
|---|---|---|
| 13.09.23 | Fundraising Actvites | £ 750.00 |
| 13.09.23 | Operatonal_Consultancy | £ 1,000.00 |
| 14.09.23 | Fundraising Actvites | £ 85.00 |
| 15.09.23 | Fundraising Actvites | £ 160.00 |
| 15.09.23 | Fundraising Actvites | £ 300.00 |
| 18.09.23 | Fundraising Actvites | £ 5,772.30 |
| 18.09.23 | Fundraising Actvites | £ 1,000.00 |
| 22.09.23 | Accountancy_Legal | £ 35.00 |
| 03.10.23 | Design_Digital | £ 600.00 |
| 16.10.23 | Grant Funding Actvites | £ 29,950.00 |
| 17.10.23 | Fundraising Actvites | £ 1,195.00 |
| 17.10.23 | Fundraising Actvites | £ 1,000.00 |
| 19.10.23 | Operatonal_Consultancy | £ 1,500.00 |
| 25.10.23 | Fundraising Actvites | £ 1,000.00 |
| 26.10.23 | Fundraising Actvites | £ 20.20 |
| 30.10.23 | Design_Digital | £ 20.00 |
| 30.10.23 | Fundraising Actvites | £ 8,160.00 |
| 30.10.23 | Fundraising Actvites | £ 16,000.00 |
| 30.10.23 | Fundraising Actvites | £ 1,920.00 |
| 10.11.23 | Fundraising Actvites | £ 500.00 |
| 13.11.23 | Operatonal_Consultancy | £ 1,000.00 |
| 13.11.23 | Operatonal_Consultancy | £ 989.10 |
| 17.11.23 | Operatonal_Consultancy | £ 1,400.00 |
| 27.11.23 | Fundraising Actvites | £ 2,545.25 |
| 30.11.23 | Fundraising Actvites | £ 16,499.76 |
| 30.11.23 | Design_Digital | £ 900.00 |
| 04.12.23 | Accountancy_Legal | £ 500.00 |
| 05.12.23 | Operatonal_Consultancy | £ 1,000.00 |
| 07.12.23 | Fundraising Actvites | £ 17,000.00 |
| 07.12.23 | Operatonal_Consultancy | £ 700.00 |
| 08.12.23 | Fundraising Actvites | £ 500.00 |
| 11.12.23 | Accountancy_Legal | £ 7,621.55 |
| 14.12.23 | Fundraising Actvites | £ 204.00 |
| 23.08.23 | Fundraising Actvites | £ 175.00 |
| 24.08.23 | Fundraising Actvites | £ 393.51 |
| 30.08.23 | Grant Funding | £ 12,500.00 |
Total Expenditure £ 228,067.65
Payee
Grant to Liverpool FC Foundation Canvas Philanthropy Ltd Challenges Un Limited Canvas Philanthropy Ltd Challenges Un Limited Panoramic 34 Limited Canvas Philanthropy Ltd Merseyside Youth Association Newton Le Willows Lifeshare Ltd Blundells Hill Golf Club Mr Giggs and Mr Edelson Canvas Philanthropy Ltd Challenges Un Limited Mike Anslow Keith Price Panoramic 34 Limited Canvas Philanthropy Ltd Mike Anslow Playmaker The Prince's Trust DJ Thompson Challenges Un Limited Canvas Philanthropy Ltd Chester Race Company Ltd Youth Federation Cheshire Rotunda Inclusive Hub Mike Anslow Sean's Place Wirral Youth Zone Liverpool City Council Canvas Philanthropy Ltd Creative Artists Agency S M Boryslawska Callaway Customs The Joshua Tree Canvas Philanthropy Ltd Longridge GC Bandtube Limited Givergy Red Events Creative The Good Racing Co
Key Receipt Key
Golfstation UK LTD Ellie Keegan Canvas Philanthropy Ltd ICE2U Ltd Jamie Sutherland Graeme White Blundells Hill Golf Club Tales and Tender Ltd ICO Playmaker Variety the Children's Charity Radisson Hotels Management Longridge GC Canvas Philanthropy Ltd TBC TBC Playmaker Liverpool City Council Creative Artists Agency Bandtube Limited Hennessey KM Canvas Philanthropy Ltd Mike Anslow Mike Anslow Red Events Creative Chester Race Company Ltd Direction Forward Ltd Pleo Financial Services Canvas Philanthropy Ltd DJ Thomspson Cobham Murphy P Kapoor Pleo Financial Services Liverpool City Council
Saxophonist Golf day wine Princes Trust patronage 2023
| Key | Total | |
|---|---|---|
| Fundraising Actvites | £ 110,692.00 | |
| Operatonal_Consultancy | £ 16,689.10 | |
| Accountancy_Legal | £ 8,156.55 | |
| Design_Digital | £ 1,880.00 | |
| Grant Funding Actvites | £ 90,650.00 |
£ 228,067.65
The Arete Foundation - Charity No. 1184657 Annual Accounts 01.01.2023 - 31.12.2023
£
£
| Income Sponsorship and donations Fundraising events Bank interest Expenditure Fundraising activities Consultancy costs Charitable donations Marketing and website costs Bank charges Net Profit Opening bank balance as at 01.01.2023 Closing bank balance as at 31.12.2023 |
114,884 126,949 13 241,846 118,849 16,689 90,650 1,880 0 228,068 13,779 31,168.10 44,946.87 |
114,884 126,949 13 |
|---|---|---|
Prime Accountancy (Merseyside) Limited 64 Mill Lane Liverpool L12 7JB