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2024-12-31-accounts

Trustees’ Annual Report for the period

1[st] January 2024 to 31[st] December 2024 Charity name: The Charitable Travel Foundation Charity registration number: 1189531

Objectives and Activities

SORP
reference
Summary of the purposes of the
charity as set out in its governing
document
Para 1.17		 The prevention or relief of poverty or financial hardship for
the public benefit in disadvantaged communities worldwide
where tourism is significant to the local economy, in
particular but not exclusively through the provision of grants.
The relief of sickness, injury, disease and other suffering for
the public benefit in disadvantaged communities worldwide
where tourism is significant to the local economy, in
particular but not exclusively through the provision of grants.
The advancement of vocational education and training for the
public benefit in disadvantaged communities worldwide
where tourism is significant to the local economy, in
particular but not exclusively through the provision of grants.
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		 The primary activity of the charity has been, with limited
resources, to continue to build infrastructure, to further
ensure robust compliance, to further develop marketing and
communication, and to build fundraising to ensure funds are
available to deliver the public benefit, also outreach to
beneficiary parties.
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 had regard to the guidance issued by the
Charity Commission in respect of the public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

Policy on grant making Para 1.38 The trustees developed a policy of grant making that
complies with the approved objects of the charity and was
submitted to the Charity Commission in the approved
application for registration.
Policy on social investment
including program related
investment		 Para 1.38 Social investment does not form a material part of the charity
activities in the view of the trustees.
Contribution made by volunteers Para 1.38 The charity was entirely run and maintained by trustees in a
volunteering capacity in this report period.
Other

Page | 1

Achievements and Performance

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 Given the continued constraints of being a volunteer run
charity, the charity continued through 2024 operating on
limited resources. On 1stJuly 2024, our founder, trustee
and lead fund raiser Melissa Tilling, died suddenly, and from
that point, charity activities were halted whilst the way
forward was considered.
Up until that point we had continued to focus on building
the donor and beneficiary project outreach to ensure long
term success in delivering the public benefit. We did
experience a decline in donations, considered due to the
cost of living crisis.
Whilst grants were discussed and put into the planning
stages, we did not provide any grants during this period
as the focus had been on the need to continue fund
raising.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives
set		 Para 1.41
Performance of fundraising
activities against objectives set		 Para 1.41 Our objective is to maximise the opportunity for fundraising
within our resource.
Investment performance against
objectives		 Para 1.41
Other

Page | 2

Financial Review

Financial Review
Review of the charity’s
financial position at the end of
the period		 Para 1.21 Reserves grew slightly due to fundraising in the first six
month period of 2024. As of 31stDecember 2024,
£21,835.26washeldinthe bankaccount.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The CIO was created as a fund to be deployed in the
instance of communities that depend on tourism whose
tourism income has been removed for reasons outside of
their control and who do not have access to welfare state
provision. Reserves accumulate until projects that fall within
the CIO remit are identified for support.
Amount of reserves held Para 1.22 As of 31~~st~~December 2024, funds held in the bank account
totalled £21,835.26.
Reasons for holding zero
reserves		 Para 1.22 Not applicable to the period.
Details of fund materially in
deficit		 Para 1.24 Not applicable to the period.
Explanation of any
uncertainties about the charity
continuing as a going concern		 Para 1.23 There are no concerns held by the trustees about the
charity continuing as a going concern.
Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:
The charity’s principal sources
of funds (including any
fundraising)		 Para 1.47 The principal source of funds has continued to be corporate
and individual donors connected with the travel and tourism
industry.
Investment policy and
objectives including any social
investment policy adopted		 Para 1.46 Not applicable to the period.
A description of the principal
risks facing the charity		 Para 1.46 The principal risk to the charity is the continued impact on
the principle source of funds from donors connected with
the travel industry. The trustees would stress that these
do not jeopardise the charity but do delay impact
fulfilment.
Other

Page | 3

Structure, Governance and Management

Description of charity’s trusts: Not applicable in this period.
Type of governing document
(trust deed,royalcharter)		 Para 1.25 Governing Document.
How is the charity constituted?
(e.g. unincorporated
association, CIO)		 Para 1.25 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 As per the Governing document the appointment of charity
trustees -
(1) 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.
(2) 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.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51 These are defined in the governing document as being the
provision of
(a) a copy of the current version of the
constitution/governing document; and
(b) a copy of the CIO’s latest Trustees’ Annual Report
and statement of accounts.
The charity’s organisational
structure and any wider
network with which the charity
works		 Para 1.51 The charity had a board of five trustees during this
reporting period up until 1stJuly when Melissa Tilling died,
Melissa was the key volunteer who supported the day to
day running of the charity without remuneration. There are
no other volunteers orpaid staff members.
Relationship with any related
parties		 Para 1.51 There are no relationships with any other parties.
Other

Reference and Administrative details

Charity name The Charitable Travel Foundation
Other name the charity uses The Charitable Travel Fund
Registered charity number 1189531
Charity’s principal address Contingent Works
Broadway Buildings
Elmfield Road Bromley
Kent BR1 1LW

Page | 4

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not
for whole year		 Name of person (or body)
entitled to appoint trustee(if any)
1 Christopher Lee Chair&Treasurer
2 Melissa Tilling
(deceased1st July2024)
3 Susan Smith
4 Steven Thompson
5 Sarah Loftus
6 Deborah Haw

Corporate trustees – names of the directors at the date the report was approved

Director name NOT APPLICABLE

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for wholeyear
NOT APPLICABLE

Page | 5

Funds held as custodian trustees on behalf of others

Description of the assets held in NOT APPLICABLE this capacity Name and objects of the charity on NOT APPLICABLE whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe NOT APPLICABLE custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Page | 6

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature
Full name(s) CHRISTOPHER LEE
Position (e.g. Secretary,
Chairetc)		 CHAIR
Date 20thAugust 2025

Page | 7

Name No (if any) The Charitable Travel Foundation 1189531 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01-Jan-24 31-Dec-24

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
2,077
43
-
-
-
-
-
-
2,120
-
-
-
2,120
466
60
-
-
-
-
-
526
-
-
-
526
1,594
-
20,241
21,835		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
2,077
43
-
-
-
-
-
-
2,120
-
-
-		 Total funds
to the nearest £
2,077
43
-
-
-
-
-
-
2,120
-
-
-		 Last year
to the nearest £
Donations 2,077 -
Bank interest 43 -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 2,120 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
2,120 -
-
466
60
-
-
-
-
-
-
526
-
-
-
526

1,594
Grant donations -
Insurance 466 -
Monthlyaccount fee(bank) 60 -
Expenses -
- -
- -
- -
- -
- -
**Sub total ** 526 -
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
-
1,594 - -
1,594		 -
- - - - -
20,241 - - 20,241 -
21,835 - - 21,835 -

CCXX R1 accounts (SS)

20/08/2025

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
Sarah Loftus
Details
Details
Bank balance as of 31 Dec 24
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
21,835
-
-
-
-
-
21,835
-
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
SARAH LOFTUS		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Sarah Loftus SARAH LOFTUS 20/08/2025

CCXX R2 accounts (SS)

20/08/2025

2