2023-12-31-accounts - Lxd Fitness Foundation

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for the period

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LXD Fitness Foundation Charity No 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 organised programmes of physical fitness and other activities.
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	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 confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes, this has been outlined to all trustees in addition to a signed declaration of trust document and Conflict of interests document.
Additional information (optional) You maychoose to include further statements where relevant about:
	SORP reference
Policy on grant making	Para 1.38	Outlined in Decision making policy document attached (2. - 6.)
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	N/A

Additional information (optional)

You may choose to include further statements where relevant about:

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Other

	SORP reference
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	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	Approximately 15% of target achieved
Investment performance against objectives	Para 1.41	N/A
Other

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October 2016

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	SORP reference
Review of the charity’s financial position at the end of the period	Para 1.21	Currently in Fundraising phase with approximately 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 Financial model attached
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	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 decision-making policy document (2.)
A description of the principal risks facing the charity	Para 1.46	Delay in starting collaborations due to a lack of initial funding
Other

Description of charity’s trusts:	SORP reference

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Type of governing document (trust deed, royal charter)	Para 1.25	('Foundation' model constitution)
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	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 charity works	Para 1.51	N/A at this time
Relationship with any related parties	Para 1.51	N/A at this time
Other

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

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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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 Funds held as custodian trustees on behalf of others

Description of the assets held in this N/A at this time capacity

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October 2016

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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

Charity Accounts templates – Trustees’ annual report for the period

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

----- Start of picture text -----
Signature(s)
Lawrence Xavier-Davis Carissa Joe-Xavier-Davis
Full name(s)
Chair Secretary
Position (eg Secretary,
Chair, etc)
Date 28/10/24
----- End of picture text -----

Charity Accounts templates – Trustees’ annual report for the period

October 2016

LXD Fitness Foundation CIO 1190659 Receipts and payments accounts CC16a For the period 1/1/2022 12/30/2022 To from

Section A Receipts and payments

	Unrestricted funds	Unrestricted funds	Restricted funds	Endowment funds	Total	funds	Last year
	to the nearest	£	to the nearest £	to the nearest £	to the nearest £		to the nearest £
A1 Receipts
Donations		-	-	-		-	-
Bank interest		21	-	-		21	10
		-	-	-		-	-
		-	-	-		-	-
		-	-	-		-	-
		-	-	-		-	-
		-	-	-		-	-
		-	-	-		-	-
Sub total(Gross income for AR)		21	-	-		21	10

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts Donations - Bank interest 21 - - - - - - 21 Unrestricted funds to the nearest £ Sub total(Gross income for AR)		to the nearest £ Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £	Last year to the nearest £
Donations	-	- - - - - - - - -	- - - - - - - - -	- 21 - - - - - - 21	-
Bank interest	21				10
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
Sub total(Gross income for AR)	21				10
- - Sub total - Total receipts 21 A3 Payments Website Fees 53 Account fees 60 - - - - - - - Sub total 113 - - Sub total - Total payments 113 Net of receipts/(payments) - 92 A5 Transfers between funds - A6 Cash funds last year end 10,401 Cash funds this year end 10,309 A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)
		- - -	- - -	- - -
					-
					-

		-	-	21	10

		- - - - - - - - - -	- - - - - - - - - -	53 60 - - - - - - - 113	28
					81
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					109

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		-	-	113	109

		- - - -	- - - -	- 92 - 10,401 10,309	- 99
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					- 99

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Caf Bank Details N/A Details N/A Details N/A Details N/A Signature Total cash funds (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 10,309 - - - - - 10,309 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Lawrence Xavier-Davis Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
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			OK
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			Date of approval
		Lawrence Xavier-Davis	8/12/2024