THE WEBB KINGPIN FOUNDATION
REGISTERED CHARITY NUMBER: 1187291
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2020
THE WEBB KINGPIN FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2020
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1 )Report of the Trustees
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2) Statement of Financial Activities
THE WEBB KINGPIN FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED XXXXXX
The trustees present their report with the financial statements of the charity for the year ended 31/12/2020
OBJECTIVES AND ACTIVITIES
The charity's objects are to advance for the public benefit any purpose which is exclusively Charitable according to the law of England and Wales as the Charity may from time to time determine in particular by making donations to Charities and individual need.
ACHIEVEMENT AND PERFORMANCE
Charitable activities The Charity
Due to the impacts of Covid the Charity has effectively been unable to carry out any fundraising or other activities and has remained dormant since formation. As restrictions are now lifting the trustees plan to carry out fundraising and plan to raise funds which will be invested to provide an annual income that can be applied to various charitable causes by the making of grants.
The trustees will also assist charities where they are able to become more sustainable.
FINANCIAL REVIEW
Financial position
Currently the charity has Nil assets or income and Nil expenditure
FUTURE PLANS
The charity is in discussion with a benefactor who is looking to support the charity with a donation so that the charity will continue in a way that its objectives can be met.
THE WEBB KINGPIN FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR
FOR THE YEAR ENDED 31/12/2020
| INCOME AND ENDOWMENTS | £ NIL | |
|---|---|---|
| EXPENDITURE ON Charitable activities | Donations | £ NIL |
| Other costs of charitable activities | £ NIL | |
| Governance costs | £ NIL | |
| NET INCOME | £ NIL | |
| NET ASSETS | £NIL |
The board, which consists of unpaid volunteers with a variety of professional skills, has dealt with the setting up of the company and the project, administrative, compliance and regulatory issues. In addition it has monitored fund raising and publicity of its projects. The trustees have a risk management strategy which comprises: 1. An annual review of the risks the charity may face; 2. The establishment of systems and procedures to mitigate those risks identified in the plan; 3. The implementation of procedures designed to minimise any potential impact on the charity should issues arise.
ADMINISTRATIVE DETAILS
Registered Charity number 1187291
Registered ofce
105 Oxford Road Reading RG1 7UD
Trustees
P J Webb Chairman
A Beasley
W Montague
A M Andrews
REFERENCE AND ADMINISTRATIVE DETAILS
Solicitors Dexter Montague LLP 105 Oxford Road Reading RG1 7UD
Bankers NOT YET APPOINTED .
Approved by Trustee