## **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**