Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 3 0 0 7 2 0 Period end date 3 1 1 2 2 1
Charity name LXD Fitness Foundation Charity No (if any) 1 1 9 0 6 5 9
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The promotion of social inclusion and act as resource for young people between the ages of 13 to 25 through organising programmes of physical fitness and other activities. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
Collaborating with existing charities and providing access to high level fitness trainers and experts who will guide and mentor beneficiaries through individualised fitness programmes over an 18-month period. |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | Yes, this has been outlined to all trustees in addition to a signed declaration of trust document and Confilict of interests document. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | Outlined in Desicion making policy document attached (2. - 6.) |
| Policy on social investment including program related investment |
Para 1.38 | NA |
| Contribution made by volunteers | Para 1.38 | N/A |
| Other |
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Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | The CIO is currently in the fundraising phase and does not plan to start working on the main charity purpose until the minimum funding target of 2 years running costs is reached. This figure is shown in the attached charity financial plan. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Achievements against objectives set | Para 1.41 | N/A |
| Performance of fundraising activities against objectives set |
Para 1.41 | Approximatley 15% of target achieved |
| Investment performance against objectives |
Para 1.41 | N/A |
| Other |
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Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | Currently in Fundraising phase with apporximatley 15% of target achieved |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The yearly surplus will be reserved to buffer any yearly changes in running costs due to inflation and even out any gaps in funding after year 2. |
| Amount of reserves held | Para 1.22 | Outlined in Finanical model attached |
| Reasons for holding zero reserves | Para 1.22 | N/A |
| Details of fund materially in defcit | Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations from Wealthy individuals |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The Charity Trustees will not support Young People who are NOT introduced through another charitable organisation. More information in attached Desicion making policy document (2.) |
| A description of the principal risks facing the charity |
Para 1.46 | Lack of initial funding |
| Other |
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | ('Foundation' model constitution) |
| How is the charity constituted? (e.gunincorporated 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 | Outlined in Foundation model constitution (9.) |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Outlined in Foundation model constitution (9.) |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | N/A at this time |
| Relationship with any related parties | Para 1.51 | N/A at this time |
| Other |
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October 2016
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Reference and Administrative details
Charity name LXD Fitness Foundation Other name the charity uses Registered charity number 1190659 Charity’s principal address 27 OLD GLOUCESTER STREET LONDON WC1N 3AX
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Lawrence Xavier-Davis | Chair | |||
| Andre Dalphinis | Financial Co-signature | |||
| O'Neil Joe | ||||
| Caryl Xavier | ||||
| Joan Xavier | ||||
| Carissa Joe-Xavier-Davis | Secretary | |||
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October 2016
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Reference and Administrative details (cont)
Corporate trustees – names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|
|---|---|---|
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Funds held as custodian trustees on behalf of others
Description of the assets held in this N/A at this time capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe 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
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October 2016
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Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Lawrence Xavier-Davis Carissa Joe-Xavier-Davis Position (eg Secretary, Chair Secretary Chair, etc)
Date 30/10/22
Charity Accounts templates – Trustees’ annual report for the period
October 2016
LXD Fitness Foundation CIO 1190659
Receipts and payments accounts
7/30/2020 12/30/2021 To
For the period from
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donation 1,000 - - 1,000
Donation 5,000 - - 5,000
Donation 5,000 - - 5,000
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 11,000 - - 11,000
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total [ - ] - - -
Total receipts 11,000 - - 11,000
A3 Payments
Account fees 96 - - 96
Website Fees 404 - - 404
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total 500 - - 500
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 500 - - 500
Net of receipts/(payments) 10,500 - - 10,500
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 10,500 - - 10,500
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Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||
| B1 Cash funds | Total cash funds | to nearest £ - - - - |
to nearest £ - - - - |
||
| (agree | balances with receipts and payments account(s)) |
Agreement Error | OK | ||
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
||
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
||
| charity’s own use | - - - - - - - - |
||||
| Fund to which | Amount due | ||||
| B5 Liabilities | Details | liability relates | - - - - - (optional) |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | |||
| Lawrence Xavier-Davis |
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CC16a
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Last year
to the nearest £
-
-
-
-
Endowment funds to nearest £
-
OK
Endowment funds to nearest £
-
Current value (optional)
-
Current value (optional)
When due (optional)
Date of approval 10/30/2022