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2021-12-31-accounts

Trustees’ Annual Report for the period

From 1/1/20 Period start date To 31/12/21 Period end date

Charity name: Pagabo Foundation

Charity registration number: 1187084

Objectives and Activities

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SORP reference
Summary of the Para 1.17 to promote the preservation of
purposes of the charity good mental health in particular
as set out in its by enabling and empowering
governing document individuals in the construction
industry experiencing mental
health problems to live with,
manage and recover from their
condition, in particular through
the provision of grants enabling
construction industry individuals
and organisations to access
mental health services; and
to relieve the needs of individuals
in the construction industry with
mental health problems by
working to increase the
understanding of mental health
and mental health problems
caused by working in the
construction industry or
experienced by individuals
working in the construction
industry by gathering and
disseminating information,
working to raise awareness,
promote understanding and
challenge stigma and
discrimination.
Summary of the main Para 1.17 and To raise awareness of Mental Health
1.19
activities in relation to through exercise and sporting
those purposes for the activities.
public benefit, in No activities were carried out in
2021.
particular, the
activities, projects or
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services identified in the accounts. Statement confirming Para 1.18 All trustees have had regard to whether the trustees the guidance issued by the have had regard to the Charity Commission on public guidance issued by benefit. the Charity Commission on public benefit

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
diference the charity’s
work has made to the
circumstances of its
benefciaries and any
wider benefts to
society as a whole.
Para 1.20 None reported – The Charity was
setup during COVID and therefore
it was decided to delay fund
raising activities to a later date.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of Para 1.41 fundraising activities against objectives set Investment Para 1.41 performance against objectives Other

Financial Review

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Review of the charity’s Para 1.21 Only 1 transaction, reviewed by
financial position at Stefan Harsley, Group finance
the end of the period Manager at The 55 Group
Statement explaining Para 1.22 None held other than the initial
the policy for holding charity donated foundation money.
reserves stating why
they are held
Amount of reserves Para 1.22 None held other than the initial
held charity donated foundation money.
Reasons for holding Para 1.22 We are a relatively new charity
zero reserves and therefore zero reserve have
been held at this time
Details of fund Para 1.24 N/A
materially in deficit
Explanation of any Para 1.23 N/A
uncertainties about
the charity continuing
as a going concern
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Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other

Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Trust deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Trustees were selected from the
methods including construction industry and
details of any interviewed by the start-up
constitutional trustees.
provisions e.g. election
to post or name of any
person or body
entitled to appoint one
or more trustees
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and
Para 1.51
procedures adopted
for the induction and
training of trustees
The charity works within the
Construction industry.
The charity’s
Para 1.51
organisational
structure and any
wider network with
which the charity
works
None
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name Pagabo Foundation
Other name the charity None
uses
Registered charity 1187084
number
Charity’s principal 55 Whitefriargate
address HULL
HU1 2HU
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Jason Stapley
2 Gerard Toplass
3 Simon Toplass
4 Christine Hartigan
5 Malcolm Aiston
6 Pat Boyle
7 Sarah Fraser
Elizabeth
8
Hardwick-Smith
9 Andrew Morris
10 Jon Sealy
11
12
13
14
15
16
17
18
19
20
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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

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Trustee name Dates acted if not for
whole year
None
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Funds held as custodian trustees on behalf of others

Description of the None assets held in this capacity Name and objects of N/A the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of N/A 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 advise

r

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) Jason Stapley Position (eg Chair Secretary, Chair, etc) Date 15/11/22