2023-03-31-accounts - Street Rights

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Street Rights Trustees’ Annual Report and Financial Review For year ended 31[st] March 2023

Trustees’ Annual Report and Financial Review 2022/23

Street Rights’ charity number: 1190631

Date of registration: 29[th] July 2020

Trustees:

Siân Wynne, Chair (1[st] April 2022 – 17[th] October 2022) Matthew Hocken, Chair (17[th] October 2022 – date)

Simon Le Gouais, Treasurer

Registered address:

Street Rights, Room 11 St Margaret’s House, 15 Old Ford Road, London, E2 9PJ

This report covers the period 1[st] April 2022 to 31[st] March 2023

1. Street Rights’ Charitable Purpose

The objects of Street Rights are:

To promote human rights (as set out in the Universal Declaration of Human Rights and subsequent United Nations conventions and declarations), particularly but not exclusively for street-connected children, throughout the world by all or any of the following means:

Monitoring abuses of human rights;
Obtaining redress for the victims of human rights abuse;
Relieving need among the victims of human rights abuse;
Research into human rights issues;
Providing technical advice to government and others on human rights matters;
Contributing to the sound administration of human rights law;
Commenting on proposed human rights legislation;
Raising awareness of human rights issues;
Promoting public support for human rights;
Promoting respect for human rights among individuals and corporations;
International advocacy of human rights;
Eliminating infringements of human rights.

In furtherance of that object but not otherwise, the trustees shall have power:

Street Rights Trustees’ Annual Report and Financial Review For year ended 31[st] March 2023

To engage in political activity provided that the trustees are satisfied that the proposed activities will further the purposes of the charity to an extent justified by the resources committed and the activity is not the dominant means by which the charity carries out its objects.

2. Public Benefit

The Trustees have considered the Charity Commission’s guidance on public benefit to review the charity’s aims and objectives and ensure its activities and future-planning are focused on achieving the charity’s aims and objectives.

3. Activities, achievements and performance in 2022/23

Street Rights’ aim is to promote street-connected children’s rights worldwide. This year, we focused on building the foundations of the organisation both programmatically and from a fundraising perspective.

We have ensured our programmatic model is robust and developed it in consultation with practitioner and researcher peers in the sector. Our key priority remained fundraising and building the information and materials we need to sustainably fundraise for the organisation. This focus has been successful as we received confirmation of our first funding in April 2023 to start our programme in South Africa next year.

We have also increased the expertise on our Advisory Council with the addition of Professor Lorraine van Blerk onto our Advisory Council. Professor van Blerk brings a wealth of expertise on street-connected children. She has conducted research about and with street-connected children, particularly in sub-Saharan Africa, for over 20 years and has significant expertise in ensuring their participation in the research process.

We continued to participate in sector events of relevance to promoting street-connected children’s rights worldwide, through the Consortium for Street Children and others.

4. Structure, Governance and Management

The Trustees are responsible for the administration of the charity. The Trustees meet quarterly (four times a year) to agree and set the charity’s strategic direction, discuss policy matters and review the operational performance of the charity. This includes through reviewing and updating the charity’s risk register and putting policies and procedures in place to mitigate those risks.

Street Rights’ Constitution sets out how new Trustees are appointed – existing Trustees can appoint new Trustees at any time. When selecting new Trustees, regard is had to the skills, knowledge and experience needed for effective administration of Street Rights. Trustees serve for a period of three years and can be reappointed up to three times.

Street Rights currently has one volunteer, part-time.

Street Rights Trustees’ Annual Report and Financial Review For year ended 31[st] March 2023

5. Financial review 2022/23

The Trustees are responsible for preparing the annual report and financial review of Street Rights.

Income and expenditure:

Street Rights’ income was £17* and expenditure £312 for the period 2022/23. A total of £755 was carried forward.

2022/23	£
Income	17
Expenditure	312

Total Funds	755

Street Rights has no loans, no debts and no funds held by a custodian Trustee.

*Note, Street Rights’ income is set to increase in the next year financial year as our focus on programme development and fundraising has been successful with funding committed in April 2023 to begin programming in South Africa in 2024.

Reserves:

The Trustees have considered the risk environment and operating costs of the organisation and have determined a desired range of reserves to be within three to six months’ operating costs plus any legal or redundancy costs associated with winding-up the organisation. At present there are no committed ongoing costs and any wind-up costs would be very limited. The reserves as of 31[st] March 2023 are therefore within the required range.

As the organisation increases its income and begins to incur ongoing operating costs, the unrestricted reserves will be reviewed against the reserves policy as part of the management accounts and going-concern assessment by the Board of Trustees.

6. Trustee Declaration

The Trustees declare that they approve the Trustees’ Annual Report and Financial Review above. Signed on behalf of Street Rights’ Trustees:

Matthew Hocken, Chair of Trustees 8[th] December 2023

	Street Rights	Street Rights	Street Rights	1190631	CC16a
	For the period from	01/04/2022	To	31/03/2023

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 16 1 - - - - - - 17 - - - 17 72 240 - - - - - - - 312 - - - 312 - 295 - 1,050 755	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 16 1 - - - - - - 17 - - - 17 72 240 - - - - - - - 312 - - - 312 - 295	Last year to the nearest £
Donations	16				-
Interest	1				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
~~*Sub total~~~~(Gross income for~~ AR)*	17				-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

Bank fees	72				96
Office costs	240				60
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	312				156

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*
					156

	- 295	-		- 295	- 156
	-	-		-	-
	1,050	-		1,050	1,206
	755	-		755	1,050

CCXX R1 accounts (SS)

04/01/2024

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	Details Bank balance GBP *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Details Unrestricted funds Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 755 - - - - - 755 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 755 - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Simon Le Gouais	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Simon Le Gouais	30/10/2023

CCXX R2 accounts (SS)

04/01/2024