## **Trustees' Annual Report for the period** Period start date Period end date 20 04 2020 30 09 2021 **From To** ## Section A Reference and administration details **Charity name** Green Planet Ventures Foundation **Other names charity is known by** **Registered charity number (if any)** 1189171 **Charity's principal address** Green Planet Ventures Foundation Ash House, Breckenwood Road Fulbourn, Cambridge **CB21 5DQ** ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Kevin Hamson|Chair||Board of Trustees| ||Mike Kiragu
Mwangi|Treasurer||Board of Trustees| ||George White|||Board of Trustees| ||Rosie Sibley|||Board of Trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** March **2012** 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)** Loraiza Davies ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted - (eg. trust, association, company) Trustee selection methods Appointment by Board of Trustees - (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** **Summary of the objects of the charity set out in its governing document** - 1) To promote sustainable development for the benefit of the public by the preservation, conservation and the protection of the environment and the prudent use and protection of natural resources including fauna, flora, water, soils and air; - 2) To advance the education of the public in subjects relating to sustainable development and the protection, enhancement and rehabilitation of the environment, and to promote study **TAR** March **2012** 2 and research in such subjects provided that the useful results of such study are disseminated to the public at large. The period to end September 2021 covers the formation and set up of the charity. During this time we have been limited in our activities by lack of funds. At the end of this period we had raised a total of £337, with £0 expenditure. Main activities have been: - Identifying and pursuing fundraising opportunities. - Setting up IT systems, based around use of Trustees own IT equipment, plus charitable provision of a Microsoft account and software. - Defining and refining policies and governance processes. **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)** - Setting up bank account. - Setting up social media and associated accounts. - Definition and development of projects to pursue: - Making preliminary contact with communities in Brazilian Amazon rainforest – activity curtailed by COVID-19. - Setting up links with key researchers in Bath and Exeter universities. - Setting up internships, with the assistance of Keele and Birmingham universities: - Conducting initial phase of research into the impact of boats on UK inland waterways, with respect to the Clean Air Act; - `o` Conducting initial social research of boat users on UK inland waterways; - Starting a publicity campaign around the impact of boats on UK inland waterways; - Setting up a fundraising campaign to support tropical forests communities in the Amazon. ## **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** March **2012** 4 Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** Our activities have been limited by the limited funds raised so far. Multiple applications for funding grants have been completed and submitted, though currently all funders have responded that they require previous years accounts and demonstration of successful project work/ managing of funds before they will donate funds. This creates a vicious circle that is difficult to break. We have stood-up the organisation, by the efforts of the trustees and the (unpaid) Executive Officer. We have taken up and managed four interns funded and provided by Keele and Birmingham universities. Each undertook work for 50 hours, as summarised in Section C above. **TAR** March **2012** 5 ## **Section E Financial review** Currently, the charity has £337. A decision on reserves will be made **Brief statement of the** once funding levels are sufficient to allow operations and expenditure to **charity’s policy on reserves** begin. **Details of any funds materially** We currently have no financial commitments, due to starting up with zero **in deficit** funds. ## **Further financial review details (Optional information)** You **may choose** to include To date, the sources of the limited funds have been from donations from additional information, where the Trustees and other fundraising activities (for instance via Easy relevant about: Fundraising). Efforts are ongoing to secure significant funding from other • the charity’s principal charitable organisations, government funding grants and lottery funding. 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) Full name(s)** Kevin Hamson **Position (eg Secretary, Chair,** Chair of Board of Trustees **etc) Date** 15th March 2022 **TAR** March **2012** 6 **CHARITY REGISTRATION NUMBER: 1189171** ## **Green Planet Ventures Foundation Unaudited Financial Statements** ## **30 September 2021** ## **REARDON & CO LTD** Chartered accountants Ash House Breckenwood Road Fulbourn Cambridge CB21 5DQ Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 1 of 8 ## **Green Planet Ventures Foundation** ## **Financial Statements** ## **Period from 23 April 2020 to 30 September 2021** ||**Page**| |---|---| |Trustees' annual report|**1**| |Statement of financial activities|**3**| |Statement of financial position|**4**| |Notes to the financial statements|**5**| Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 2 of 8 ## **Green Planet Ventures Foundation** ## **Trustees' Annual Report** ## **Period from 23 April 2020 to 30 September 2021** The trustees present their report and the unaudited financial statements of the charity for the period ended 30 September 2021. ## **Reference and administrative details** **Registered charity name** Green Planet Ventures Foundation **Charity registration number** 1189171 **Principal office** Ash House Breckenwood Road Fulbourn Cambridge CB21 5DQ **The trustees** Ms Sibley Mr Mwangi Mr White Mr Hamson **Accountants** Reardon & Co Ltd Chartered accountants Ash House Breckenwood Road Fulbourn Cambridge CB21 5DQ ## **Structure, governance and management** The charity is constituted as a Charitable Incorporated Organisation (CIO) and the governing document of the charity is its Constitution of a Charitable Incorporated Organisation. The only voting members of the charity are its charity trustees. The charity must have at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. The maximum number of charity trustees is twelve. Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. **- 1 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 3 of 8 ## **Green Planet Ventures Foundation** ## **Trustees' Annual Report** _**(continued)**_ ## **Period from 23 April 2020 to 30 September 2021** ## **Objectives and activities** The objectives of the charity are: 1) To promote sustainable development for the benefit of the public by the preservation, conservation and the protection of the environment and the prudent use and protection of natural resources including fauna, flora, water, soils and air; 2) To advance the education of the public in subjects relating to sustainable development and the protection, enhancement and rehabilitation of the environment, and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large. ## **Achievements and performance** The activities of the charity are for the benefit of the general public/humankind. Through its work, the charity promotes sustainable development in line with the preservation of the natural environment, through education and research. ## **Financial review** The financial statements cover the charity's first period since incorporation and the trustees aim to increase income going forward. The charity has received limited services from Green Planet Ventures Ltd during the period which has supported the activities of the charity. The trustees' annual report was approved on 14 March 2022 and signed on behalf of the board of trustees by: Mr Kevin Hamson Trustee **- 2 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 4 of 8 ## **Green Planet Ventures Foundation** ## **Statement of Financial Activities** ## **Period from 23 April 2020 to 30 September 2021** |||**Period from**|**23 Apr**|**20 to**| |---|---|---|---|---| |||**30 Sep 21**||| |||Unrestricted||| |||funds|**Total**|**funds**| ||**Note**|**£**||**£**| |**Income and endowments**||||| |Donations and legacies||337||**337**| |||`────`||`────`| |**Total income**||337||**337**| |||`════`||`════`| |||`────`||`────`| |**Net income and net movement in funds**||337||**337**| |||`════`||`════`| |**Reconciliation of funds**||||| |Total funds brought forward||–||**–**| |||`────`||`────`| |**Total funds carried forward**||337||**337**| |||`════`||`════`| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 5 to 6 form part of these financial statements.** **- 3 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 5 of 8 ## **Green Planet Ventures Foundation** ## **Statement of Financial Position** ## **30 September 2021** ||||**30 Sep 21**| |---|---|---|---| ||**Note**|**£**|**£**| |**Current assets**|||| |Cash at bank and in hand||**337**|| |||`────`|| |**Net current assets**|||**337**| ||||`────`| |**Total assets less current liabilities**|||**337**| ||||`════`| |**Funds of the charity**|||| |Unrestricted funds|||**337**| ||||`────`| |**Total charity funds**|**2**||**337**| ||||`════`| These financial statements were approved by the board of trustees and authorised for issue on 14 Mar 22, and are signed on behalf of the board by: Mr Kevin Hamson Trustee **The notes on pages 5 to 6 form part of these financial statements.** **- 4 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 6 of 8 ## **Green Planet Ventures Foundation** ## **Notes to the Financial Statements** ## **Period from 23 April 2020 to 30 September 2021** ## **1. Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Judgements and key sources of estimation uncertainty** Any estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. ## **Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. **- 5 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 7 of 8 ## **Green Planet Ventures Foundation** ## **Notes to the Financial Statements** _**(continued)**_ ## **Period from 23 April 2020 to 30 September 2021** ## **2. Analysis of charitable funds** ## **Unrestricted funds** |**Unrestricted funds**||||||| |---|---|---|---|---|---|---| |||||||**At**| ||||At||**30**|**Septembe**| ||23|April|2020|Income||**r 2021**| ||||£|£||**£**| |General funds|||–|337||**337**| ||||`════`|`════`||`════`| **- 6 -** Document Ref: DXPBT-LHPG6-J6BUT-HATQV Page 8 of 8 ## **Signature Certificate** Reference number: DXPBT-LHPG6-J6BUT-HATQV ## **Signer** ## **Timestamp** ## **Signature** ## **Kevin Hamson** Email: kevin.hamson@greenplanetventures.org Sent: 14 Mar 2022 11:58:38 UTC Viewed: 14 Mar 2022 13:36:59 UTC Signed: 14 Mar 2022 13:38:02 UTC IP address: 86.132.200.183 Location: Camberwell, United Kingdom Document completed by all parties on: 14 Mar 2022 13:38:02 UTC Page 1 of 1 ## **Signed with PandaDoc** PandaDoc is a document workflow and certified eSignature solution trusted by 30,000+ companies worldwide.