2021-03-31-accounts - Newington Green Alliance

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Summary ofthe purposes of the charity as set out in its	Summary ofthe purposes of the charity as set out in its	Summary ofthe purposes of the charity as set out in its	Para 0 17	Tobenefit the people ofNewington Green, and especially members ofmarginalized
governing	document			groups, by
				associating together people and organisations
				inacommon effort toadvance community
				development,
				build social capital, and promote social
				induslon, with the objective of improving the
				conditions ofNe.
Summary activities	ofthe main in relation to those		Para 0 17and i.09	Mentoring young people What are they thinking'/Story circles
purposes	for the public			Cultural workshops for Minik Kardes parents
benefit, in particular,		the		Doing the Work
acbvlties,	pl'oiects or	services		Mental health peer support
identified	in the accounts			Online him club
				Turkish for English speakers
				Localconference
Statement	confirming			in arranging these activities the BSU3A
whether the trustees		have		trustees had regard tothe Charity
had regard tothe guidance				Cornrnission guidance on public benefit
issued by the Chari/y
Commission on pubic
benefit

Pohcy an	social investment	social investment	social investment
induding	program		related
investment
					The	charity isrun entirely by volunteers	(who
					received nofinancial remuneration) and		has
Gontributian		made	by		had	an average afapproximately 50
vakinteers					volunteers over the period, each contributing
					an average ofapproximately 3hours per
					week. This accounts forapproximately 7,500
					hours aver the period which - ifpaid ata		rate
					ofEi2per hour would be the equivalent		of
					appraximateiy 690,000over the period.
Achievements			and Performance
					t	Recruiting aver 100valunteer bythe end
						ofthe period
Summary of achievements		the main ofthe charity,		Para 100	2.	Securing grant funding tosupport programmes furthering the objects	ofthe
identifying	the difference the					charity
charity's work has the circumstances beneficiaries and			wade to ofits any wider		3.	Launching eight projects ta further objects ofthe charity	the
benefits to society whale.			as a		4.	initiated development offive iong-term projects and one community event to
						further the objects ofthe charity
					5	Carrying out one online conference
						bringing together local soda lbenefit
						organisations, prioritising needs, and
						creating potential forpartnerships

Achievements	against
objectives set

Performance offundraising
activities against objectives
set
investment perf'ormance
against objectives

Financial Review	Financial Review
Review ofthe charity s financial position at the end ofthe penod		The Charity has ended the financial year on 3'Ist March 2021,with a balance ofE10,780 In the bank, ofwhich E9,494fs lestllcted funds and E1,586is unrestricted.
Statement expl~ the		Wc etrrl to rrelrQin 6muted Ofqera9ng
policy for holding reserves		costs in reserves. As a new and rapidly
sta8ng why they are held		growing organisation, this amount has been
		es4itRkled BstJvifrg betwverl FG and D,250.
		In the next financial year, this amount will
		almost certainly increase.
		This reserves poHcy wiII be reviewed
		annually in our first 3years ofoperation,	in
		order to respond appropriately toa situation
		ofincome growth and rapid change.
Amount ofreserves held
Reasons for holding zero		This is in recognition ofa new developing
		financial situation forthe charity, with a
		growing income.
Details offund materially	in
deficit
Explanation ofany
uncertainties about the
charity continuing as a going
Additional information	(optional)
You ma choose to indude further statements		where relevant about:
The charity's principal sources offunds (induding		Grant fundraising from Trusts and Foundations, and from local government
any fundraislng)		grants.
		At this early stage of development, with
		Newington Green Alliance only in its first
investment pohcy and		year ofoperation, with income not exceeding
objectives including any social investment pohcy adopted		F15,000 in total, the investment policy remains very simple with funds being held on the simple cash deposit account stipulated
		above at CAFBank.
		This wiII be reviewed annually with the
		potential growth ofincome, in order to
		explore the benefits ofwider investment
		options asthey become appropriate

		Reliance on volunteers	Reliance on volunteers	could result in
Adescription	ofthe principal	poor performance continuity.	onpr~ and loss of
risks facing	the cfmrity

Structure, Governa	Structure, Governa	nce and Manag	ement
Description of charity's
trusts.
Type of	governing document		Constitution
How &sthe charity			Charitable Incorporated Organisation
constttlktedV
Trustee	selection methods		Selection by membership atthe		Annual
including	details ofany		General meeting
constitutional provisions etectlon to post Qf name		e.g of	2. Appointment by trustees
any person or body entitled
to appoint one or more
trustees
Additional information		(optioaaf)
You ma	choose to include further statements		where relevant about:
			Induction package is in place
Policies	and procedures
adopted	for the induction	and
training	oftrustees
			The organisation plans to hold an	annual
			general meeting (AGM) of the members			ofthe
The charity*s organisationai structure and any wider network with which the			CIQ, with the first AGM held within 18months ofthe registration and subsequent AGMs must be held at intervals of not iTlole tllan 15
charity works			months.
			The AGM will be provided with the annual
			statement cfaccounts anci the trustees'
			annual report, and will elect trustees		as
			required under clause [13].
			This means that the first AGM for	Newington
			Green Alliance will be held before	thc	20th
			Januar 2022.
			involved in coHaborations to deliver		on
Relationship with any related			certain objectives with the Day-Mer		Centre
parties			and with Hackney Marsh Partnership.

				Mam
				eof
				pere
				on
				(or
				bod
	Trostee name		Dates acted ifnot for who% gear	entit led
				to
				app
				oint
				trust
				ee
				(if
				an
	Andrew Grazebrook	Treasurer
	Miriam Lahage	Secretary
	Fatima Rayner
	Lyn Ambrose		Uvti( 22March 2021
6	Ben Hughes		From 21March 2021
7'	Sade Etti
2
4
5
1
6
1
7
8
1
2

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets
held ifl this capacity
Name and objects ofthe ch~ Qfl wflose behalf	the
assets are held and hmv	this
faIs v@hifl the custodiafl
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own assets

Names an	d addresses of adv	isers (Optional information)
Type of	Name	Address
Rdvlser
Name of	chief executive or names ofsenior staff members		(Optional information)

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