## **Trustees’ Annual Report & Accounts** Period from 14[th] April 2020 to 31[st] March 2021 26/01/2022 Trustees’ Annual Report & Accounts Page **1** of **12** ## **Contents** |1.|
Charity Contact Information .............................................................................................................. 3| |---|---| |2.|
Charity Trustees ................................................................................................................................. 4| |3.|
Objectives & Activities ....................................................................................................................... 5| |4.|
Structure, Governance & Management ............................................................................................ 6| ||4.1.
Type of Governing Document ................................................................................................... 6| ||4.2.
Trustee Recruitment & Appointment........................................................................................ 6| |5.|
Achievements & Performance .......................................................................................................... 7| |6.|
Financial Review ................................................................................................................................ 8| ||6.1.
Trustee Responsibilities Statement ........................................................................................... 8| ||6.2.
Basis of Preparation of Financial Statements ............................................................................ 9| ||6.3.
Statement of Financial Activity (SOFA) .................................................................................... 10| ||6.4.
Balance Sheet .......................................................................................................................... 11| |7.|
Declaration ...................................................................................................................................... 12| 26/01/2022 Trustees’ Annual Report & Accounts Page **2** of **12** ## **1. Charity Contact Information** |**Charity Name**|**Foxes Help for the Homeless**| |---|---| |**Charity Registered Number:**|1189042| |**Company Registered Number:**|CE021530| |**Charity Registered Address:**|Apartment 39, The Academy
Holly Street
Luton
Bedfordshire
LU1 3DD| |**Charity Email Address:**|info@foxeshh.org| |**Charity Facebook Page:**|@FoxesHH| |**Charity Instagram Page:**|@_foxeshh| 26/01/2022 Trustees’ Annual Report & Accounts Page **3** of **12** ## **2. Charity Trustees** The CIO Trustees are listed as follows: Paul Lock – Chair & Co-Founder Nerissa Thakurdas – Vice-Chair & Founder Karen Fraser – Treasurer (Finance, Grants, Funding & Sponsorship Officer) 26/01/2022 Trustees’ Annual Report & Accounts Page **4** of **12** ## **3. Objectives & Activities** The objects of the CIO are for the prevention or relief of poverty in accordance with Christian principles for the public benefit, in particular but not exclusively, by the provision of: - (a) Items such as clothing, food, water and essential toiletries. - (b) Signposting the beneficiaries to organisations that can give support and information in relation to substance abuse programmes. 26/01/2022 Trustees’ Annual Report & Accounts Page **5** of **12** ## **4. Structure, Governance & Management** ## **4.1. Type of Governing Document** Foxes Help for the Homeless is a registered Charity and is a company limited by guarantee incorporated on 14[th] April 2020. The Charity’s governing instrument is its Foundation Model Constitution. ## **4.2. Trustee Recruitment & Appointment** The Founder & Co-Founder of Foxes Help for the Homeless, who were the only Trustees of the CIO, appointed a new Trustee as a Treasurer to look after all financial elements of the Charity as there was a gap for these skills. The new Trustee was elected after an application was made online and was then followed up by a virtual meet and greet to ensure their strategic goals aligned with the Charity’s core objectives. All new Trustees are given an electric copy of the Code of Conduct which sets out the expectations for professional boundaries and safeguarding. Newly appointed Trustees are expected to agree to the points within the Code of Conduct and sign to confirm they will act within its guidelines when representing or working for the CIO. 26/01/2022 Trustees’ Annual Report & Accounts Page **6** of **12** ## **5. Achievements & Performance** The first year was slow-moving for the CIO due to the Coronavirus (Covid-19) pandemic so did not have the opportunity to do outreach in parts of the UK as initially planned. During this time instead the CIO completed administrative tasks in the setup of the CIO and securing the back-end structure to enable and aid in future development and growth in the coming years. The Charity also appointed a new Treasurer who was selected for their experience as a Finance Director and also is a Senior Chartered Accountant. The new Treasurer also held a position as a Trustee for a Charity based in Trinidad so has international exposure. This new Trustee greatly assisted in developing the financial based policies for the Charity. 26/01/2022 Trustees’ Annual Report & Accounts Page **7** of **12** ## **6. Financial Review** ## **6.1. Trustee Responsibilities Statement** The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view or the slate of affairs of the charitable company and of the incoming resources and application of resources, including the Income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position or the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. 26/01/2022 Trustees’ Annual Report & Accounts Page **8** of **12** ## **6.2. Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Foxes Help for the Homeless meets the definition or a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 26/01/2022 Trustees’ Annual Report & Accounts Page **9** of **12** ## **6.3. Statement of Financial Activity (SOFA)** ||**Unrestricted**|**Restricted**|**Total**|**Prior Year**| |---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**Funds**| ||**£**|**£**|**£**|**£**| |**Income from:**||||| |Donations and legacies|109|-|109|-| |Charitable activities|-|-|-|-| |Other trading activities|-|-|-|-| |Investments|-|-|-|-| |Other|-|-|-|-| |**Total**|**109**|**0**|**109**|**0**| |**Expenditure on:**||||| |Raising funds|-|-|-|-| |Charitable activities|109|-|109|-| |Other|-|-|-|-| |**Total**|**109**|**0**|**109**|**0**| |**Net income/(expenditure) before**|-|-|**-**|-| |**investment gains/(losses)**||||| |Net gains/(losses) on investments|-|-|-|-| |**Net income/(expenditure)**||||| |**Extraordinary items**|-|-|-|-| |**Transfers between funds**|-|-|-|-| ||-|-|-|-| |**Other recognised gains/(losses):**||||| |Other gains/(losses)|-|-|-|-| |**Net movement in funds**|-|-|-|-| |**Reconciliation of funds:**||||| |Total funds brought forward|-|-|-|-| |**TOTAL FUNDS CARRIED FORWARD**|**0**|**0**|**0**|**0**| 26/01/2022 Trustees’ Annual Report & Accounts Page **10** of **12** ## **6.4. Balance Sheet** ||**Unrestricted**|**Restricted**|**Total This**|**Total Last**| |---|---|---|---|---| ||**Funds**|**Funds**|**Year**|**Year**| ||**£**|**£**|**£**|**£**| |**Fixed assets**||||| |Intangible assets|-|-|-|-| |Tangible assets|-|-|-|-| |Investments|-|-|-|-| |**Total fixed assets**|**0**|**0**|**0**|**0**| |**Current assets**||||| |Stocks|-|-|-|-| |Debtors|-|-|-|-| |Investments|-|-|-|-| |Cash at bank and in hand|-|-|-|-| |**Total current assets**|**0**|**0**|**0**|**0**| |Creditors: amounts falling due|-|-|-|-| |within one year||||| |Net current assets/(liabilities)|-|-|-|-| |**Total assets less current liabilities**|**0**|**0**|**0**|**0**| |Creditors: amounts falling due|-|-|-|-| |after one year||||| |Provisions for liabilities|-|-|-|-| |**Total net assets or liabilities**|**0**|**0**|**0**|**0**| |**Charity Funds**||||| |Restricted funds|-|-|-|-| |Unrestricted funds|-|-|-|-| |**TOTAL FUNDS**|**0**|**0**|**0**|**0**| 26/01/2022 Trustees’ Annual Report & Accounts Page **11** of **12** ## **7. Declaration** Signed on behalf of the Charity Trustees: |**Print Name:**|P. Lock| |---|---| |**Designation:**|Chair & Co-Founder| |**Signed:**|| |**Date:**|26/01/2022| |**Print Name:**|N. Thakurdas| |---|---| |**Designation:**|Founder & Vice-Chair of Trustees| |**Signed:**|| |**Date:**|26/01/2022| 26/01/2022 Trustees’ Annual Report & Accounts Page **12** of **12**