**Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year **From** 1 Apr 2024 **To** 31 Mar 2025
## Section A Reference and administration details
**Charity name** ARETE STORIES CHARITABLE TRUST
**Other names charity is known by**
**Registered charity number (if any)** 1187772
**Charity's principal address**[THE OLD SCHOOL HOUSE, WEST STREET,] SOUTHWICK FAREHAM, Hants **Postcode** PO17 6EA
**Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Katherine Holt
2 Nicole Esselen
3 James Clemence
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution
Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Appointed by trustees Trustee selection methods
(eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
The prevention or relief of poverty for the public benefit by the provision of: (a) skills based training in particular, but not exclusively in, embroidery, weaving and couture that will improve the beneficiaries **Summary of the objects of the** chances of future employment, (b) financial support and the supply of **charity set out in its** equipment such as sewing machines and it equipment that will increase **governing document** production and enable beneficiaries to become self-sufficient.
March **2012**
**TAR**
2
The charity was established February 2020 for the objectives set out above.
The charity trustees have had regard to the Charity Commission’s guidance on public benefit in exercising their powers or duties.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
**Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
The charity made a USD5,000 grant to Lulu Stories, a social enterprise in Lamu, Kenya, which supports the education and training of women in artisan businesses. The funds were contributed to a project for the renovation of the shop and workshop.
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
**Details of any funds materially in deficit**
The charity has raised its funding on a project basis and holds limited reserves over and above those required to complete committed projects. It aims to maintain a minimum of 4 months’ operating expenditure and reserve levels at year end were in excess of this. Reserves are reviewed before projects are committed.
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** James Clemence **Full name(s)** Katherine Holt **Position (eg Secretary, Chair,** Trustee Trustee **etc) Date** 26 January 2026
March **2012**
**TAR**
5
**----- Start of picture text -----**
Charity Name No (if any)
Arete Stories Charitable Trust 1187772
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/04/2024 31/03/2025
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Voluntary receipts - - -
Exchange rate gains 85 - - 85 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
85 - - 85 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 85 - - 85 -
A3 Payments
Charitable Activities 3,937 - 3,937 -
Exchange rate losses - - - - 306
Website 180 - - 180 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 4,117 ] - - 4,117 306
A4 Asset and investment
purchases, (see table)
Loan repayments - - - - -
- - - -
Sub total [ - ] - - - -
Total payments 4,117 - - 4,117 306
Net of receipts/(payments) - 4,032 - - - 4,032 - 306
A5 Transfers between funds - - - - -
A6 Cash funds last year end 6,125 - - 6,125 6,431
Cash funds this year end 2,093 - - 2,093 6,125
**----- End of picture text -----**
CCXX R1 accounts (SS)
27/01/2026
1
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
Bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**2,094**
**-**
**-**
**-**
**-**
**-**
**2,094**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Katherine Holt
James Clemence|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
26 January 2026
26 January 2026|
CCXX R2 accounts (SS)
27/01/2026
2