## **HARROW GRACE FOUNDATION** 

TRUSTEE’S ANNUAL REPORT AND ACCOUNTS 

FOR THE YEAR ENDED 31[ST] MARCH 2021 

BOARD OF TRUSTEE’S REPORT 

## **1.0   Introduction.** 

The trustees submit their annual report and financial statements of Harrow Grace Foundation for the year ending 31 March 2021. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005. 

## **1.1    Public Benefit Statement** 

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit “Charities and Public Benefit”. 

## **1.2     Structure, Governance and Management** 

## **Status** 

The charity was constituted a trust deed dated 26thn February 2020 and is registered in England and Wales with charity number 1188373 

## **Appointment or Election of Trustees** 

Trustees are appointed and co-opted under the terms of the trust deed. 

## **Policies Adopted for the Induction and Training of New Trustees** 

The induction process for a newly appointed trustee is with a meeting with the chair and other trustees to discuss the powers and responsibilities of the trustees. 

## **Organisational Structure and Decision Making** 

The charity is organised so that the trustees meet regularly to manage its affairs. 

## **1.3     Objectives and Activities** 

Advancing the education of vulnerable  young people and relieving poverty for the public benefit by sponsoring students in full-time education in rural villages in Africa. 

## **1.4     Achievement and Performance** 

Since the registration of the charity in year 2020, the charity could not achieve much due to COVID-19 which affected every organisation for the period under review. This can be seen from the financial report attached to this report. 

## **Trustees’ Responsibilities** 



The Charity Trustees shall manage the affairs of the Trust. They shall exercise their power and perform the functions in their capacity as trustees as conferred on them by the Deed. 

They are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011.