Trustees’ Annual Report for the period
From O1 April 2022 Period start date to 31 March 2023 Period end date.
Charity name: Alternative Giving CIO
Charity registration number: 1186415
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Helping homeless and vulnerable people by providing the right support via the Alternative Giving CIO. By working with the right agencies, we are able to coordinate a positive change in our city. |
| 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 |
To capture and engage with the generosity of the business community to provide a coordinated approach of tackling street homelessness in Wolverhampton. To positively change the lives of vulnerable people and street homeless by businesses, charities, and the public working together. Direct funds to target where there is a real need to find lasting solutions to our vulnerable and homeless community. To support people who feel excluded from society, to get them back on their feet, and give them hope, boost their self-esteem and confidence and eventually to feel valued members of the community once again. To continue to support people on their journey as they tackle the many challenges in life that has come along. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | yes |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
Approved by Trustees.
Para 1.38 Policy on grant making. Para 1.38 N/A Policy on social investment including program related investment. N/A Para 1.38 Contribution made by volunteers. N/A 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 | Raising awareness of a responsible way to support the most vulnerable and homeless in the city of Wolverhampton through social media and combined marketing with the combined authority. To engage with partners in the city of Wolverhampton. To engage with partners on a wider coverage across the city to raise the profile of the charity. Updated Website: To reflect cost of living crisis and to encourage volunteering with our city centre support agencies. Updated Wolverhamptonchange.co.uk with full information on work carried out in support of the charity. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set. |
Para 1.41 | Engaged with a wide range of partner organisations to tackle the collective responsibilities of working with the most vulnerable and supporting the homeless with the City of Wolverhampton Council, Public Health Team, Wolverhampton BID Co Ltd and charity organisations delivering services to support the objectives of the charity. |
|---|---|---|
| Raising £6651 by donation points across the city centre. |
| Performance of fundraising activities against objectives set. |
Para 1.41 | Supported by the Wolverhampton Mayors Charitable fund with £2261 |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | Grant applications opened February 2023. |
| Other | N/A |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Accounts attached |
| 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 | 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 |
Public Donations. |
|---|---|---|
| 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 | NONE |
| Other | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution CIO |
| 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 appointed trustee must be appointed for a term of 3 years by a resolution passed at a properly convened meeting of the charity trustees. The appointed trustees have a regard of the skills, knowledge, and experience for the effective administration of the CIO |
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 Trustees have understood all the policies and procedures within induction training. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works. |
Para 1.51 | Achieved with partner organisations representing as trustees from: Wolverhampton Homes Wolverhampton Council Wolverhampton BID Co Ltd Independent Consultant from Private Business |
| Relationship with any related parties |
Para 1.51 | Other charity Organisations and service providers working to support the most vulnerable and homeless |
| Other | City Centre Businesses |
Reference and Administrative details
| Charity name | Alternative Giving CIO |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1186415 |
| Charity’s principal address | Suite 1, 178 Stafford Street Wolverhampton WV1 1NA |
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) |
|---|---|---|---|---|
| CherryShine | Trustee | |||
| Jim Smith | Trustee | |||
| Angela Barnes | Trustee | |||
| Maria Mckellar | Trustee | |||
| Satvinder Goraya | Trustee | |||
| John Denley | Chair | |||
– 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 | |
|---|---|---|
| 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 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
N/A
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) Cherry Shine
Position (eg Secretary, Trustee Chair, etc)
Date 29/01/2023
CHARITY COMMISSION FOR ENGLAND ANO WALES ALTERNATIVE GMNG CIO 1186415 Recei ts and ments accounts CC16a Fof th¢ perlod from 0110412022 3110312023 Section A Receipts and payments Unrestrlcted lunds Restricted lunds Endowrnent funds Total lund5 Last yoar loth• n••r•4t £ loth•ThJ•mt£ tolh• n•w•¥l É tolh• n••tt toth• n•ar••t£ A1 Recel DONATIONS INTEREST RECEWED 5.198 15 252 252 ross Income or AR) 912 1,912 5,213 mon ••. rot•l rocelpts $.912 A3Pa ents GRANTS AND DONATVJNS Pts BANK CHARGÉS SUBSCRIPTNs 8,420 211 21¢ 216 Sub total 217 217 8.642 A4 AJ$gt and Inv85tment Sub total 217 217 Net of rocelpts/(paymgnts) A5 Transfers between funds A6 Cash fund5 last year end Cash fvnds thls year end 8.695 8.695 3,429 18.075 18,075 9,380 CCXX R18ctounts Issi 1810112024
Section B Statement of assets and liabilities at the end of the period Ut)restrictdd fund5 Re$tricted funds Endowm8nt funds Categories Details B1 Cash funds CSH IN F14NDAND ATk4NK 1•.075 Tolal cash filnds 18.075 01 OK Endowmenl funds Unr•5trictod fund$ to n•4F•t E Rostrlcted funds n•r••tf DatsS1$ Fundto whlch u••t b•lo Cost loptlon• u¥r•ntv•lu• Deta115 B3 Investment a88•ts Fund tv whlch Co•1 lopuom Curmnt v•1 OMI D•tsll• 84 Asséts r•taln•d lor tho ¢harlty'i own us• Fuvdto whl¢h Arnounldwt OMI Wh•n du• Detslls BS Llabllltles Signed by on8 or t) tnJ$1tr85 on behalf of all the INsle8S Prinl Name Date of roval Ine CCXX R2 attounts ISSI 1810112024