Trustees’ Annual Report & Accounts
Period from 1[st] April 2023 to 31[st] March 2024
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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 |
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| 5. | Achievements & Performance .......................................................................................................... 7 |
| 6. | Financial Review ................................................................................................................................ 8 |
| 6.1. Trustee Responsibilities Statement ........................................................................................... 8 |
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| 6.2. Basis of Preparation of Financial Statements ............................................................................ 9 |
|
| 6.3. Statement of Financial Activity (SOFA) .................................................................................... 10 |
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| 6.4. Balance Sheet .......................................................................................................................... 11 |
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| 7. | Declaration ...................................................................................................................................... 12 |
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1. Charity Contact Information
| Charity Name | Foxes Help for the Homeless |
|---|---|
| Charity Registered Number: | 1189042 |
| Company Registered Number: | CE021530 |
| Charity Registered Address: | Flat 18 Skelton Court Connaught Road READING RG302TZ |
| Charity Email Address: | info@foxeshh.org |
| Charity Facebook Page: | @FoxesHH |
| Charity Instagram Page: | @_foxeshh |
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2. Charity Trustees
The CIO Trustees are listed as follows:
Paul Lock – Chair & Co-Founder
Nerissa Thakurdas – Vice-Chair & Founder
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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:
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(a) Items such as clothing, food, water and essential toiletries.
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(b) Signposting the beneficiaries to organisations that can give support and information in relation to substance abuse programmes.
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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
After the previous Treasurer’s resignation in 2022, the Founder & Co-Founder of the Charity are still actively seeking a new candidate, during this time responsibilities have been delegated out to the Founder & Co-Founder until a new Treasurer, whose strategic goals align with the Charity’s core objectives, has been found & appointed.
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.
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5. Achievements & Performance
During the course of the Charity’s fourth year in operation, we regret to report that progress has remained limited. Despite our continued commitment to addressing homelessness in Reading, our efforts have been impacted by personal and logistical challenges, as well as the ongoing need to expand our trustee board and operational capacity.
This year, we were able to initiate conversations with a member of the local council who formerly worked within their homeless department. This connection holds promise, as they have offered to put us in touch with current council members who can guide us on identifying gaps in local homelessness services and exploring ways to collaborate effectively with the council. While this is a small but meaningful step, it remains an early-stage development that requires further follow-up.
Due to one of our trustees becoming a new parent, which understandably limited their availability, we have not been able to make further progress in our initiatives. This temporary but significant constraint on our leadership has delayed plans to broaden our outreach and engage more actively with external partners.
While the past year has presented its share of obstacles, our resolve to make a meaningful difference remains steadfast. We are fully committed to overcoming these challenges and will continue to seek creative ways to adapt and move the Charity closer to fulfilling its mission in the coming years.
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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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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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.
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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.
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6.3. Statement of Financial Activity (SOFA)
| Unrestricted | Restricted | Total | Prior Year | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Income from: | ||||
| Donations and legacies | 16 | - | 16 | - |
| Charitable activities | - | - | - | - |
| Other trading activities | - | - | - | - |
| Investments | - | - | - | - |
| Other | - | - | - | - |
| Total | 16 | 0 | 16 | 0 |
| Expenditure on: | ||||
| Raising funds | - | - | - | - |
| Charitable activities | 16 | - | 16 | - |
| Other | - | - | - | - |
| Total | 16 | 0 | 16 | 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 |
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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 |
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7. Declaration
Signed on behalf of the Charity Trustees:
| Print Name: | Paul Lock |
|---|---|
| Designation: | Chair & Co-Founder |
| Signed: | |
| Date: | 28/01/2025 |
| Print Name: | N. THAKURDAS |
|---|---|
| Designation: | FOUNDER & VICE-CHAIR OF TRUSTEES |
| Signed: | |
| Date: | 28/01/2025 |
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