## **Trustees’ Annual Report for the period**
**From Period start date 12/11/19 To Period end date 31/07/20**
**Charity name: Magic Aid**
## **Charity registration number: 1186303**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the CIO is the prevention or
relief of poverty in developing countries by
providing: grants, items and services to
individuals in need and/or charities, or other
organizations working to prevent or relieve
poverty. The provision of basic supplies,
such as children’s clothes and shoes, books
and other personal or educational supplies
to help families, children and schools
throughout developing countries that are
unable to afford them. The provision of
equipment and funds for recreational
pursuits or training intended to bring the
quality of life of the beneficiaries to a
reasonable standard, providing education,
training, healthcare projects and all the
necessary support designed to enable
individuals to generate a sustainable
income and be self-sufficient.|
|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|Unfortunately Magic Aid had been dormant
since its registration. We have been unable
to open a community account for Magic Aid
due to Covid-19 pandemic when most
financial
institutions
had
paused
the
opening of community account in England.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The charity confirms that all trustees have
had regard to the Charity Commission’s
guidance on public benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference No grant had been made Para 1.38 Policy on grant making
||||
|---|---|---|
|Policy on social investment
including program related
investment|Para 1.38|No social investment has been made.|
|Contribution made by
volunteers|Para 1.38|No volunteers has been appointed,
therefore no such contribution has been
made|
|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|Magic Aid has been dormant during the
reporting period.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|N/A|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|N/A|
N/A Investment performance Para 1.41 against objectives N/A Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|N/A|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|N/A|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero
reserves|Para 1.22||
|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)**
|**Additional information (optional)**|**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|N/A|
|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|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|
Para 1.25|Foundation Model Constitution|
|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|Apart from the first charity trustees,
every trustee had been appointed for a
term of three years by a resolution
passed at a properly convened meeting
of the charity trustees. In selecting
individuals for appointment as charity
trustees, the charity trustees had regard
to the skills, knowledge and experience
needed for the effective administration of
the CIO. All new trustees had duly
signed Trustee Eligibility Declaration.|
**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|All new trustees had a discussion with
the existing trustees in order to learn
everything which they need to know
initially in order to make an effective
contribution to the management of the
charity. The new trustees have spoken
with key people within the charity in
order to gain a clear understanding of
how the charity operates.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|All decisions have been taken either at a
meeting of the charity trustees or by
resolution in writing or electronic form
agreed by a majority of all of the charity
trustees, which may comprise either a
single document or several documents
containing the text of the resolution in
like form to which the majority of all of the
charity trustees has signified their
agreement.
Such
resolutions
are
effective since a copy of proposed
resolutions has been sent, at or as near
as reasonably practicable to the same
time, to all of the charity trustees; and
the majority of all of the charity trustees
has signified agreement to the resolution
in a document or documents which has
or have been authenticated by their
signature, by a statement of their identity|
|||accompanying
the
document
or
documents, or in such other manner as
the charity trustees have previously
resolved, and delivered to the CIO at its
principal office or such other place as the
trustees may resolve within 28 days of
the circulation date. Magic Aid did not do
any work with any wider network.|
|---|---|---|
|Relationship with any
related parties|Para 1.51|N/A|
|Other|||
## **Reference and Administrative details**
|Charity name|Magic Aid|
|---|---|
|Other name the charity uses||
|Registered charity number|1186303|
|Charity’s principal address|Flat 17, Musgrave Court
110 Battersea Bridge Road
London
SW11 3AN|
|||
## **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 (if any)**|
|---|---|---|---|---|
||Mr Moevi Akakpo|Chair|2/07/19- current|N/A|
||Mr Lucas
Ameganvi|Secretary|2/07/19- current||
||Miss Alyson
Akakpo|Treasurer|14/12/19-current||
||Mr Serge Akakpo||14/12/19-current||
||Mr Boris Akakpo||14/12/19- current||
||||||
||||||
||||||
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## – 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.**
**Signedon behalf of the charity’s trustees**
**Signature(s) Full name(s)** Mr Moevi Akakpo **Position (eg Secretary,** Chair **Chair, etc) Date** 27/05/21
|**Magic Aid**|**Magic Aid**|**Magic Aid**|**No (if any)**|
|---|---|---|---|
|**Receipts and payments accounts**||||
|**For the period**
**from**|12/11/2019|**To**|31/07/2020|
|**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**||||||
|---|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the**
**nearest £**||**Restricted**
**funds**
**to the**
**nearest £**||**Endowment**
**funds**
**to the**
**nearest £**||**Total funds**
**to the**
**nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|Nothing received|**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**-**||**-**||**-**||**-**|
|||||||||
|**A2 Asset and investment**
**sales, (see table).**||||||||
|**No Assets or Investment sold **|**-**|||||||
||**-**|||||||
|**_Sub total_**|**-**|||||||
|**_Total receipts_ **
**A3 Payments**||||||||
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|No Payments made|**-**||**-**||**-**||**-**|
|**_Sub total_ **|**-**||**-**||**-**||**-**|
**A4 Asset and investment purchases, (see table)** ~~CCXX R1 accounts (SS)~~
1
|**No Asset or Investment**
**Purchased**|**-**||**-**||**-**||**-**|
|---|---|---|---|---|---|---|---|
||**-**||**-**||**-**||**-**|
|**_Sub total_ **|**-**||**-**||**-**||**-**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||||
||**-**||**-**||
**-**|||
||**-**|
|**-**|
|**-**|||
||**-**||**-**||**-**|||
||**-**||**-**||
**-**|||
CCXX R2 accounts (SS)
2
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
CCXX R3 accounts (SS)|**Details**
**_Total cash funds_**
(agree balances with receipts
and payments account(s))
**Details**
No Cash Fund
No Cash Fund
No Cash Fund|**Details**
**_Total cash funds_**
(agree balances with receipts
and payments account(s))
**Details**
No Cash Fund
No Cash Fund
No Cash Fund|**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**|
|---|---|---|---|---|---|
||||**-**||**-**|
||||**-**||**-**|
||||**-**||**-**|
||||**-**||**-**|
||||||OK|
||||||**Restricted**
**funds**
**to nearest £**|
||No Other Monetary Assets||**-**||**-**|
||No Other Monetary Assets||**-**||**-**|
||No Other Monetary Assets||**-**||**-**|
||No Other Monetary Assets||**-**||**-**|
||No Other Monetary Assets||**-**||**-**|
||No Other Monetary Assets||**-**||**-**|
||**Details**||**Fund to**
**which asset**
**belongs**||**Cost**
**(optional)**|
||No Investment Assets||None||**-**|
||No Investment Assets||None||**-**|
||No Investment Assets||None||**-**|
||No Investment Assets||None||**-**|
||No Investment Assets||None||**-**|
||**Details**||**Fund to**
**which asset**
**belongs**||**Cost**
**(optional)**|
||No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
||None||**-**|
||~~h~~
~~it '~~
No Assets retained for the
~~'~~
~~3~~||None||**-**|
||~~h~~
~~it ~~
|||||
## **B5 Liabilities**
Signed by one or two trustees on behalf of all the trustees
|No Assets retained for the
~~'~~||None||**-**|
|---|---|---|---|---|
|**Details**
~~h~~
~~it ~~||**Fund to**
**which**
**liability**
**relates**||**Amount due**
**(optional)**|
|No Liabilities incurred||None||**-**|
|No Liabilities incurred||None||**-**|
|No Liabilities incurred||None||**-**|
|No Liabilities incurred||None||**-**|
|No Liabilities incurred||None||**-**|
## Signature
## Print Name
Mr Moevi Akakpo
CCXX R4 accounts (SS)
4
**CC16a**
## **Last year**
## **to the nearest £**
**-**
**-**
**-**
CCXX R5 accounts (SS)
5
**-**
CCXX R6 accounts (SS)
6
**Endowment funds to nearest £ - - - -**
## OK
**Endowment funds to nearest £ - - - - - -**
**Current value (optional) - - - - -**
**Current value (optional) - - - - - - - -** ~~7~~
CCXX R7 accounts (SS)
**-**
**When due (optional)**
Date of approval 27/05/2021
CCXX R8 accounts (SS)
8