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2024-12-31-accounts

Trustees’ Annual Report for the period

From 01.04.24 Period start date To 31.03.25 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

22-05-25

Date Item Amount Payer
09.01.24 Donaton £ 1,205.00 CAF
15.01.24 Gif Aid Reclaim £ 742.50 HMRC
16.01.24 Donaton £ 700.00 HD LLP
31.01.24 Credit Interest £ 0.62 ARBUTHNOT LATHAM
20.02.24 Donaton £ 500.00 FLUE AND DUCTING
29.02.24 Donaton £ 2,000.00 LEONARD CURTIS
29.02.24 Credit Interest £ 0.19 ARBUTHNOT LATHAM
05.03.24 Donaton £ 500.00 ANDREW LEACH
12.03.24 Donaton £ 250.00 SILVERWOOD CP
19.03.24 Donaton £ 108.00 SVELLA CONNECT LIMITED
21.03.24 Donaton £ 1,000.00 INFINITY ASSET MAN
25.03.24 Donaton £ 1,500.00 SEDULO ACCOUNTANTS
LIMITED
26.03.24 Donaton £ 500.00 D AND B REMEDIATION
LIMITED
28.03.24 Credit Interest 0.12 ARBUTHNOT LATHAM
03.04.24 Donaton £ 500.00 ARETE CAPITAL PARTNERS
03.04.24 Donaton £ 500.00 BOYERS JONATHAN
05.04.25 Donaton £ 432.00 INVEST NORTH LTD
08.04.25 Donaton £ 324.00 ARETE CAPITAL PARTNERS
09.04.25 Donaton £ 2,000.00 A B ENG MSD LTD
10.04.25 Donaton £ 1,000.00 WILD THANGLTD
10.04.25 Donaton £ 3,000.00 ARETE CAPITAL PARTNERS
10.04.25 Donaton £ 108.00 CLARITAS TAX LIMITED
10.04.25 Donaton £ 500.00 ARETE ZERO CARBON
10.04.25 Donaton £ 500.00 HARTLEY KA
11.04.24 Donaton £ 500.00 BARNES G A
11.04.24 Donaton £ 108.00 ARETE ZERO CARBON
15.04.24 Donaton £ 1,000.00 ARTORIUS WEALTH LIMITED
15.04.24 Donaton £ 1,000.00 Arete Capital Partners
16.04.24 Donaton £ 1,000.00 RED SYSTEMS
16.04.24 Donaton £ 500.00 HOPE CAPITAL
17.04.24 Donaton £ 1,500.00 CHILLBLAST
18.04.24 Donaton £ 73.00 LEONARD CURTIS
18.04.24 Donaton £ 208.22 CAF
19.04.24 Donaton £ 73.00 LEONARD CURTIS
19.04.24 Donaton £ 2,000.00 DYNAMIS ASSOCIATES
19.04.24 Donaton £ 500.00 VIVIFY VENUES LTD
19.04.24 Donaton £ 500.00 FORREST T A
22.04.24 Donaton £ 1,000.00 AXON MOORE LIMITED
22.04.24 Donaton £ 500.00 COBHAM MURPHY PHD
22.04.24 Donaton £ 216.00 ART PER CON T
23.04.24 Donaton £ 108.00 HD LLP
23.04.24 Donaton £ 216.00 FLUE AND DUCTING
25.04.24 Donaton £ 964.00 CAF
30.04.24 Donaton £ 482.00 CAF
30.04.24 Donaton £ 500.00 HD LLP
30.04.24 Credit Interest £ 0.57 ARBUTHNOT LATHAM
01.05.24 Donaton £ 108.00 TUREK S A
08.05.24 Donaton £ 216.00 PARRY S B
10.05.24 Donaton £ 52.06 CAF
10.05.24 Donaton £ 216.00 IAFEYA LIMITED
15.05.24 Donaton £ 108.00 ARETE CAPITAL PARTNERS
15.05.24 Donaton £ 108.00 WOOLFORD AJ
15.05.24 Donaton £ 108.00 ADAM LEAH
16.05.24 Donaton £ 108.00 RED SYSTEMS
16.05.24 Donaton £ 108.00 SHANNON L
16.05.24 Donaton £ 108.00 SMITH S G
20.05.24 Donaton £ 5,001.16 ENTHUSE
21.05.24 Donaton £ 241.00 CAF
22.05.24 Donaton £ 108.00 SUPPLYWEL LTD
24.05.24 Donaton £ 911.25 HMRC
29.05.24 Donaton £ 500.00 SUPPLYWEL LTD
31.05.24 Credit Interest £ 0.35 ARBUTHNOT LATHAM
04.06.24 Donaton £ 1,650.00 ARETE ZERO CARBON
05.06.24 Donaton £ 1,650.00 ARETE CAPITAL PARTNERS
10.06.24 Donaton £ 500.00 ARETE CAPITAL PARTNERS
19.06.24 Donaton £ 750.00 THE LEONARD CURTIS
20.06.24 Donaton £ 7,530.21 ENTHUSE
25.06.24 Donaton £ 450.00 TUREK S A
26.06.24 Donaton £ 500.00 EVELYN PARTNERS
26.06.24 Donaton £ 2,337.50 CHALLENGES UN
28.06.24 Credit Interest £ 0.46 ARBUTHNOT LATHAM
01.07.24 Donaton £ 1,300.00 ASHP ASSET MANAGEM
03.07.24 Donaton £ 1,322.50 HMRC
15.07.24 Donaton £ 250.00 CAF
19.07.24 Donaton £ 14,220.52 ENTHUSE
23.07.24 Donaton £ 2,750.00 CHILLBLAST
24.07.24 Donaton £ 2,092.25 HMRC
25.07.24 Donaton £ 1,650.00 PARRY S B
30.07.24 Donaton £ 1,650.00 HD LLP
31.07.24 Donaton £ 1,650.00 FLUE AND DUCTING
31.07.24 Credit Interest £ 0.45 ARBUTHNOT LATHAM
02.08.24 Donaton £ 1,650.00 ARTORIUS WEALTH LIMITED
07.08.24 Donaton £ 1,650.00 JM PASSIVE FIRE
07.08.24 Donaton £ 1,650.00 CLARITAS TAX LIMITED
07.08.24 Donaton £ 500.00 PLEO FINANCIAL
20.08.24 Donaton £ 782.52 ENTHUSE
20.08.24 Donaton £ 1,650.00 AXON MOORE LIMITED
20.08.24 Donaton £ 3,300.00 VIVIFY VENUES LTD
21.08.24 Donaton £ 1,650.00 LEONARD CURTIS
23.08.24 Donaton £ 171.25 HMRC
29.08.24 Donaton £ 1,650.00 HART M
30.08.24 Donaton £ 1,650.00
D AND B REMEDIATION
LIMITED
30.08.24 Credit Interest £ 0.97 ARBUTHNOT LATHAM
05.09.24 Donaton £ 1,650.00 MONTIREX LTD.
09.09.24 Donaton £ 1,650.00 COWGILLS LIMITED
13.09.24 Donaton £ 2,800.01 SQUARE
17.09.24 Donaton £ 500.00 CROSS COUNTRY CHAS
18.09.24 Donaton £ 10,000.00 SHAUN MACLEAN
20.09.24 Donaton £ 24.01 ENTHUSE
25.09.24 Donaton £ 6.25 HMRC
30.09.24 Donaton £ 3,500.00 REVOLVER OCELOT LIMITED
30.09.24 Credit Interest £ 0.30 ARBUTHNOT LATHAM
01.10.24 Donaton £ 3,500.00
SEDULO ACCOUNTANTS
LIMITED
03.10.24 Donaton £ 3,500.00 POWER OF E
09.10.24 Donaton £ 1,750.00 CG PROFESSIONAL
10.10.24 Donaton £ 3,500.00 H M DISTRIBUTION
15.10.24 Donaton £ 700.00 FLUE AND DUCTING
17.10.24 Donaton £ 3,500.00 SPECIALIST PRO
25.10.24 Donaton £ 3,500.00 CLARITAS TAX LIMITED
28.10.24 Donaton £ 3,500.00 CUNLIFFES LIMITED
28.10.24 Donaton £ 3,500.00 ARETE CAPITAL PARTNERS
29.10.24 Donaton £ 600.00 MRS W SANDISON
31.10.24 Donaton £ 3,500.00 INFINITY ASSET MAN
31.10.24 Credit Interest £ 0.49 ARBUTHNOT LATHAM
06.11.24 Donaton £ 3,991.50 HMRC
07.11.24 Donaton £ 960.00 CAF
08.11.24 Donaton £ 3,500.00 HOPE CAPITAL
12.11.24 Donaton £ 1,400.00 HD LLP
13.11.24 Donaton £ 3,500.00 Locit Limited
15.11.24 Donaton £ 1,750.00 RECULTURE RECRUITMENT
18.11.24 Donaton £ 3,500.00 IAFEYA LIMITED

£ 1,650.00 ARTORIUS WEALTH LIMITED £ 1,650.00 JM PASSIVE FIRE

19.11.24 Donaton £ 15,750.00 A B ENG CURRENT
20.11.24 Donaton £ 3,500.00 GAS CALL SERVICES
21.11.24 Donaton £ 700.00 PIN CONSULTANTS
27.11.24 Donaton £ 3,500.00 TOTAL SWIMMING LIMIT
28.11.24 Donaton £ 3,500.00 VIVIFY VENUES LTD
28.11.24 Donaton £ 844.58 CORPAY
29.11.24 Donaton £ 3,500.00 AABYSS LIMITED
29.11.24 Credit Interest £ 1.23 ARBUTHNOT LATHAM
02.12.24 Donaton £ 3,500.00 AXON MOORE LIMITED
03.12.24 Donaton £ 1,750.00 J.M. GLENDINNING
04.12.24 Donaton £ 700.00
D AND B REMEDIATION
LIMITED
06.12.24 Donaton £ 3,500.00 PWC FOUNDATION
06.12.24 Donaton £ 1,180.00 ANSLOW JAJMJ JA
06.12.24 Donaton £ 4,982.06 SQUARE
09.12.24 Donaton £ 4,924.72 GIVERGY LTD
11.12.24 Donaton £ 672.00 CAF
16.12.24 Donaton £ 720.00 CAF
16.12.24 Donaton £ 6,933.01 GIVERGY LTD
20.12.24 Donaton £ 620.00 HMRC
20.12.24 Donaton £ 1,000.00 CITY OF LIVERPOOL
20.12.24 Donaton £ 500.00 FORREST T A
23.12.24 Donaton £ 185.00 GIVERGY LTD
30.12.24 Donaton £ 2,000.00 DYNAMIS ASSOCIATES
31.12.24 Credit Interest £ 1.08 ARBUTHNOT LATHAM

Total Raised £ 231,625.91

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Key
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Key Narratve Total
Company Donaton by ACP £ 10,582.00
Interest Payments £ 6.71
Funds raised from fundraising events £ 159,240.35
Donatons via online fundraising platorm £ 41,094.77
Gif Aid Reclaim £ 9,857.50
Donatons outside of fundraisingevents £ 10,844.58
Total £ 231,625.91
Date Item Amount
08.01.24 £ 4,288.00
08.01.24 Grant Funding Actvites £ 12,500.00
09.01.24 Operatonal_Consultancy £ 500.00
09.01.24 Grant Funding Actvites £ 25,000.00
31.01.24 Design_Digital £ 288.00
07.02.24 Design_Digital £ 108.00
09.02.24 Operatonal_Consultancy £ 500.00
12.02.24 Grant Funding Actvites £ 51.50
04.03.24 Fundraising Actvites £ 2,887.50
08.03.24 Operatonal_Consultancy £ 500.00
11.03.24 Fundraising Actvites £ 250.00
11.03.24 Fundraising Actvites £ 500.00
13.03.24 Fundraising Actvites £ 3,300.00
03.04.24 Operatonal_Consultancy £ 500.00
10.04.24 Operatonal_Consultancy £ 500.00
15.04.24 Fundraising Actvites £ 368.40
01.05.24 Fundraising Actvites £ 9,085.73
02.05.24 Grant Funding Actvites £ 2,000.00
09.05.24 Fundraising Actvites £ 7,150.00
14.05.24 Grant Funding Actvites £ 250.00
16.05.24 Operatonal_Consultancy £ 500.00
23.05.24 Grant Funding Actvites £ 3,600.00
24.05.24 Fundraising Actvites £ 705.00
24.05.24 Fundraising Actvites £ 2,951.50
14.06.24 Operatonal_Consultancy £ 500.00
18.06.24 Fundraising Actvites £ 570.00
26.06.24 Fundraising Actvites £ 1,500.00
26.06.24 Fundraising Actvites £ 3,060.00
01.07.24 Grant Funding Actvites £ 1,300.00
01.07.24 Grant Funding Actvites £ 12,500.00
12.07.24 Operatonal_Consultancy £ 500.00
17.07.24 Fundraising Actvites £ 1,995.00
02.08.24 Fundraising Actvites £ 2,117.70
02.08.24 Fundraising Actvites £ 362.30
14.08.24 Operatonal_Consultancy £ 500.00
15.08.24 Accountancy_Legal £ 235.20
19.08.24 Grant Funding Actvites £ 5,000.00
19.08.24 Grant Funding Actvites £ 5,200.00
27.08.24 Grant Funding Actvites £ 23,000.00
04.09.24 Fundraising Actvites £ 577.50
09.09.24 Fundraising Actvites £ 280.00
10.09.24 Fundraising Actvites £ 773.10
13.09.24 Fundraising Actvites £ 250.00
13.09.24 Fundraising Actvites £ 150.00
13.09.24 Fundraising Actvites £ 150.00
13.09.24 Fundraising Actvites £ 300.00
13.09.24 Fundraising Actvites £ 1,300.00
13.09.24 Operatonal_Consultancy £ 500.00
18.09.24 Fundraising Actvites £ 7,792.00
20.09.24 Accountancy_Legal £ 35.00
24.09.24 Fundraising Actvites £ 2,640.00
26.09.24 Fundraising Actvites £ 4,288.00
01.10.24 Fundraising Actvites £ 3,450.00
08.10.24 Fundraising Actvites £ 250.00
08.10.24 Fundraising Actvites £ 1,000.00
09.10.24 Fundraising Actvites £ 7,140.00
10.10.24 Fundraising Actvites £ 159.60
22.10.24 Operatonal_Consultancy £ 500.00
28.10.24 Fundraising Actvites £ 500.00
04.11.24 Fundraising Actvites £ 288.00
05.11.24 Fundraising Actvites £ 14,400.00
18.11.24 Fundraising Actvites £ 1,020.00
21.11.24 Operatonal_Consultancy £ 500.00
27.11.24 Fundraising Actvites £ 19,846.60
03.12.24 Fundraising Actvites £ 343.50
06.12.24 Fundraising Actvites £ 17,000.00
09.12.24 Fundraising Actvites £ 2,792.90
13.12.24 Operatonal_Consultancy £ 750.00
13.12.24 Grant Funding Actvites £ 12,500.00
16.12.24 Fundraising Actvites £ 468.00
17.12.24 Grant Funding Actvites £ 22,009.92

Total Expenditure 260,577.95

260.577.95

Key

Payee

Arete Capital Partners The King's Trust Canvas Philanthropy The King's Trust Playmaker Direction Forward Ltd Canvas Philanthropy Just Giving Challenges Un Limited Canvas Philanthropy Celtic Royal Hotel Blundells Hill Golf Club

Sedulo Sports and Media Mike Anslow Canvas Philanthropy

MSP Global Trading Ltd Panoramic 34 Limited The Smith Brothers Foundation

Challenges Un Limited Cables JFC Canvas Philanthropy Swim Foster kids Liverpool South Sugarbeat Music Ltd Celtic entertainment Canvas Philanthropy Adventurous Ewe LTd Chester Race Company Ltd

Liverpool City Council Wire Gymnastics Club The King's Trust Canvas Philanthropy Sugarbeat Music Ltd Wild Thang Limited Total Merchandise Canvas Philanthropy Professional Indemnity Insurance Policy The Joshua Tree

Key

Fundraising Activities Operational_Consultancy Accountancy_Legal Design_Digital Grant Funding Activities

Total

Wirral Youth Zone The Inclusive Hub Golfstation UK Longridge Golf Club Red Events Creative Luke Gilleard Harry Hatton Max Wormald Graeme White Alicia O Boyle Canvas Philanthropy Blundells Hill Golf Club

ICO Givergy Ltd Finance Moto Sugarbeat Music Ltd Gareth Barlow Liverpool City Council Liverpool City Council Liverpool City Council Canvas Philanthropy Hennessey KM Playmaker Jason Donovan Majestic Wine Canvas Philanthropy Chester Race Company Ltd

Reprographics DJ Thompson Red Events Creative Canvas Philanthropy The King's Trust Liverpool City Council The King's Trust

Total £ 129,250.33 £ 5,750.00 £ 270.20 £ 396.00 £ 124,911.42 £ 260,577.95

The Arete Foundation - Charity No. 1184657 Annual Accounts 01.01.2024 - 31.12.2024

£

£

Income

Sponsorship and donations 31,284 Fundraising events 200,335 Bank interest 7 231,626 Expenditure Fundraising activities 129,250 Consultancy costs 5,750 Charitable donations 124,911 Marketing and website costs 396 Professional fees 270 260,578 Net Profit/Loss -28,952

Opening bank balance as at 01.01.2024 44,946.87 Closing bank balance as at 31.12.2024 15,994.83

Prime Accountancy (Merseyside) Limited 64 Mill Lane Liverpool L12 7JB