## **Trustees’ Annual Report for the period** **From** 01/04/2024 **To** 31/03/25 **Charity name:** The Raymond Nicolet Trust ## **Charity registration number:** 1185870 ## **Objectives and Activities** ||SORP reference||| |---|---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17||Object 1:for the public benefit, to advance
the education of children in selected
establishments in Serbia, by providing
financial support and other assistance at
the discretion of the trustees and which is
supplementary to local government funding.
Object 2:for the public benefit, to relieve
the needs of disabled children in selected
specialized schooling and care
establishments in Serbia by providing
specialized teachers training and
counselling and any other support as the
trustee see fit to give.| |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||Our primary aim was to provide financial
support for the period to 31/03/25 towards
the purchase of school equipment and
improvement of buildings of the following
schools: The Children and Youth
Centre _Miroslav Mika-Antić_ in Sombor,
The _Vuk Karadzić_Centre in Sombor,
The _Jovan Jovanović Zmaj_ School in
Pancevo, The_Jovan Arandjelović_ school in
Crvena Reka and The_Sveti Sava_ school,
Bajina Basta, Serbia.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||Yes, all three trustees have had regard to
the guidance issued by the Charity
Commission on public benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference N/A Para 1.38 |Policy on grant making||| |---|---|---| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|All people working for the Trust are
volunteers and except for some minor and
essential running costs
(website/advertisement), recovery of some
minor local travel expenses, all our income
goes to support our causes. The Trust is
determined to keep administrative costs to
the barest minimum. All legal and financial
services are covered by volunteer team
members.| |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||We have raised so far:
- £5,000 for the a mobile container for
the Vuk Karadžić School for Primary and
Secondary Education, Sombor, Serbia.| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|In the year ending March 2025, we planned
to assist one school and we have raised
the money to do this in the period.| |---|---|---| |||See above.| |Performance of fundraising
activities against objectives
set|Para 1.41|| |---|---|---| |Investment performance
against objectives|Para 1.41|N/A| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the period the charity’s
account is in credit by £7,179.09.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trust has so far contracted no
obligations and is spending only funds that
have been received in cash. The trust is
young and so far, has been operating on
the basis of minimum cash balances.
Reserves will be built to manage potential
future liabilities and costs when
appropriate.| |Amount of reserves held|Para 1.22|Nil| |Reasons for holding zero
reserves|Para 1.22|The Trust has no obligation to perform and
only gives to beneficiaries when the
cashflow allows expenditure of the agreed
donation.| |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|None| |**Additional information (optional)**
You may choose to include further statements|**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|The charity's main source of income is:
-Crowdfunding for particular goals.
-Donations by individuals that support our
cause.
-Cake sales organised by team members.
-Annual gala dinner ticket sale excess after
costs.
- fundraising dinners and events with the
Serbian community abroad
- Piano concerts.
-Sponsored races run by team members.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|N/A| |Other||N/A| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation| |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 in place are the first trustees, new
ones are appointed by trustee vote.| |**Additional information (optional)**
You may choose to include further statements|**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|-Child and Safeguarding Policy.
-Financial Management, Control Policy and
Procedure.
-Trustee Code of Conduct.| |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|N/A| |Other||| ## **Reference and Administrative details** |Charity name|The Raymond Nicolet Trust| |---|---| |Other name the charity uses|| |Registered charity number|1185870| |Charity’s principal address|43 The Row
Sutton
CB6 2PD| ||| **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Christine Hilcenko||Wholeperiod|| ||Florence Bachelard||Wholeperiod|| ||AnthonyTaylor||Wholeperiod|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A 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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Dr Christine Hilcenko|| ||
Chair|| ||18/01/2025|| ||18/01/2025|| Non-Business # |Period From|01/04/2024|to|31/03/2025|| |---|---|---|---|---| |**RECEIPTS**|||**EXPENDITURE**|| |Funds raised through events|£8,639.60||Rental of premises for events|£3,145.04| |Donations|£140.00||Consumables|£553.35| |Platforms|£44.07||Travel expenses|£0.00| |Refund cancelled events|£0.00||registration for events|£0.00| |Bank interest|£19.76||transportation costs|£0.00| ||£0.00||donations to schools|£6,596.51| ||£0.00||Financial costs|£133.63| ||£0.00||Refund Event cancellation|£0.00| ||£0.00||Performer hire cost for events|£0.00| ||£0.00|||| ||£0.00|||| |**Total**|**£8,843.43**||**Total**|**£10,428.53**| |Balance at bank 31/03/24|**£8,764.19**||Balance at bank 31/03/2025|**£7,179.09**| |**Total**|**£17,607.62**|||**£17,607.62**|