## **Trustees’ Annual Report for the period** ## **From 03/04/2020 to 30/06/2021** ## **Charity name: Close Charitable Foundation** ## **Charity registration number: 1188888** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the charity are:
1. The prevention or relief of poverty by
providing grants to registered charities
working to prevent or relieve poverty.
2. Providing relief for those in need due to
age, disability, ill-health, financial or
other disadvantage by providing grants
to registered charities working to provide
relief for those in need.
3. To advance religion and religious
education, in particular, the Jewish
religion, by providing grants to registered
charities working to advance religion and
religious education.| |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|Donations were made to a variety of UK
Registered Charities. There have been no
changes in objects or policies during the period,
and no changes are anticipated in the future.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have paid due regard to the public
benefit
guidance
issued
by
the
Charity
Commission in deciding the allocation of funds.| ## **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|During the year, the charity provided grants to
charitable organisations.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the balance sheet date there was a funds
surplus of £142 which the trustees have carried
forward for future use by the charity.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|It is the policy of the Trustees to maintain free
reserves at a level which is considered adequate
to provide sufficient funds to cover ongoing
management and administration costs and to be
in a position to respond to applications for grants
as and when they may arise.| |Amount of reserves held|Para 1.22|At the year end, the charity held free reserves
totalling £142.| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|
Para 1.25|Close Charitable Foundation is a registered
charity (number 1188888) and was established
as a CIO under a Constitution dated 3 April
2020.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is registered as a 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|It is not envisaged that any new trustees will be
recruited in the near future, but should that
happen a full induction will take place.| ## **Reference and Administrative details** |Charity name|Close Charitable Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1188888| |Charity’s principal address|26 Woodlands Close
London
NW11 9QR| ||| ## **Names of the charity trustees who manage the charity** |1
2
2|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Mr S Gerber|||| ||Mrs A Gerber|||| ||Mrs B Liser|||| ## **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)** Mr S Gerber **Position (eg Secretary,** Trustee **Chair, etc) Date** 12 October 2021 |**Close**|**Charitable Foundation**||**1188888**|| |---|---|---|---|---| ||**Receipts andpayments accounts**|||**CC16a**| |**For**|03/04/2020
**the period**
**from**|**To**|30/06/2021|| |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**20,000**
**5,000**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**-**
**-**
**-**
**25,000**
**23,958**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**24,858**
**-**
**-**
**-**
**24,858**
**142**
**-**
**-**
**142**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**20,000**
**5,000**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**-**
**-**
**-**
**25,000**
**23,958**
**900**
**-**
**-**
**-**
**-**
**-**
**-**
**24,858**
**-**
**-**
**-**
**24,858**

**142**||**Last year**
**to the nearest £**| |Donations|**20,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**20,000**||**-**| |HMRC|**5,000**|||**5,000**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**25,000**|||**25,000**||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**||**-**
**-**
**-**|**-**||| ||**-**|||**-**||**-**| |**_Sub total_**|**-**|||**-**||**-**| |**_Total receipts_**
**A3 Payments**||||||| ||||**-**|**25,000**||**-**| |||||||| |Grantspayable|**23,958**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**23,958**||**-**| |Accountancyfees|**900**|||**900**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_ **|**24,858**|||**24,858**||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**||**-**
**-**
**-**|**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_ **|**-**|||**-**||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| ||||**-**|**24,858**||**-**| |||||||| ||**142**|**-**|**-**|
**142**||**-**| ||**-**|**-**|**-**
**-**|**-**||**-**| ||**-**|**-**||**-**||**-**| ||**142**|**-**|**-**|
**142**||**-**| CCXX R1 accounts (SS) 12/10/2021 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**
Cash at bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**142**
**-**
**-**
**-**
**-**
**-**
**142**
**-**
OK
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
Mr S Gerber|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Mr S Gerber|12-Oct-21| ||||| CCXX R2 accounts (SS) 12/10/2021 2