Trustees' Annual Report For the Year Ending 31 March 2024 



## Contents 

Trustees' Annual Report For the Year Ending 31 March 2024 ........................................ 1 Introduction ......................................................................................................... 3 Structure, Governance, and Management .............................................................. 3 Appointment of Trustees ....................................................................................... 3 Objectives and Activities ....................................................................................... 4 Public Benefit Statement ....................................................................................... 4 Achievements and Performance ............................................................................ 4 Impact of Inactivity ............................................................................................... 4 Financial Review................................................................................................... 4 Plans for the Future............................................................................................... 5 Trustees’ Responsibility Statement ........................................................................ 5 Declaration .......................................................................................................... 5 



## **Charity Name:** Roodel Trust Foundation 

## **Registered Charity Number:** 1191309 

## **Principal Office Address:** 

SUITE 1000 34 - 35 HATTON GARDENS HOLBORN LONDON EC1N 8DX 

## Introduction 

The trustees of the Roodel Trust Foundation present their annual report and financial statements for the year ending 31 March 2024. This report is prepared in accordance with the requirements of the Charities Act 2011 and relevant guidance issued by the Charity Commission for England and Wales. 

## Structure, Governance, and Management 

## _Governing Document_ 

The Roodel Trust Foundation is governed by its Constitution, adopted on [Insert Date]. The charity is operated by a board of trustees who are responsible for its overall management and strategic direction. 

## Appointment of Trustees 

Trustees are appointed in accordance with the provisions outlined in the charity’s Constitution. During the reporting year, no new trustees were appointed, and the current trustees continued to discharge their duties. 



## Objectives and Activities 

## _Charitable Objectives_ 

The Roodel Trust Foundation is established for the purpose of [insert charitable objectives, e.g., supporting underprivileged communities, education, health, or environmental initiatives]. 

## Public Benefit Statement 

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. 

## Achievements and Performance 

## _Summary of Activities_ 

The trustees regret to report that during the financial year ending 31 March 2024, the Roodel Trust Foundation did not undertake any charitable activities, receive any donations, or secure any grants. The reasons for this inactivity are as follows: 

- [Insert reason for inactivity, e.g., lack of resources, staffing, or funding constraints.] 

## Impact of Inactivity 

The trustees acknowledge that the lack of activities during the year limited the charity’s ability to achieve its objectives and deliver public benefit. The board is committed to reviewing strategies for reactivating the charity’s work in the coming financial year. 

## Financial Review 

## _Income and Expenditure_ 

For the year ending 31 March 2024, the charity had no income and incurred no expenditure. 

## _Reserves Policy_ 

The Roodel Trust Foundation currently holds no reserves. The trustees are exploring funding options to ensure sustainable financial health in the future. 

## _Going Concern_ 

Despite the lack of financial activity in the reporting period, the trustees remain committed to the charity's objectives and are optimistic about re-establishing operations in the forthcoming year. 



## Plans for the Future 

The trustees are actively exploring opportunities to secure funding, collaborate with partners, and engage volunteers to enable the Roodel Trust Foundation to resume its charitable activities. Specific plans for the upcoming year include: 

1. Developing a fundraising strategy to attract donations and grants. 

2. Expanding awareness of the charity’s mission and objectives. 

3. Establishing a clear action plan for delivering meaningful public benefit. 

## Trustees’ Responsibility Statement 

The trustees are responsible for ensuring that the charity is conducted in accordance with its Constitution and the Charities Act 2011. They have taken all reasonable steps to ensure compliance with applicable legal and regulatory requirements. 

## Declaration 

The trustees declare that they have approved this Trustees' Annual Report. 

Signed on behalf of the trustees: 

**Name:** Isaac Chimwemwe Chisi **Position:** Chair of Trustees **Date:** 20/01/2025 



## **Roodel Trust Foundation** 

**Charity Number:** 1191309 

## **Accounts for the Year Ending 31 March 2024** 

## **Statement of Financial Activities (SOFA) for the Year Ending 31 March 2024** 

|**Income**|**Unrestricted Funds(£)**|**Restricted Funds(£)  **|**Total(£)**|
|---|---|---|---|
|Donations and Legacies|0|<br>0|<br>0|
|Charitable Activities|0|<br>0|<br>0|
|Other TradingActivities|<br>0|<br>0|<br>0|
|Investments|0|<br>0|<br>0|
|**Total Income**|**0**|**0**|**0**|



|Expenditure|**Unrestricted Funds (£)**|**Restricted Funds (£)**|Total (£)|
|---|---|---|---|
|Charitable Activities|0|0|0|
|Governance Costs|0|0|0|
|Other Expenditure|0|0|0|
|**Total Expenditure**|0|0|0|
|||||



## **Net Movement in Funds** = £ **0** 

## **Balance Sheet as at 31 March 2024** 

|**Assets**|**£**|
|---|---|
|**Current Assets**||
|Cash at Bank and in Hand|0|
|Other Current Assets(Debtors,etc.)|0|
|**Total Current Assets**|**0**|



**£** 

## **Liabilities** 

Creditors: Amounts Falling Due Within One Year   £0 

**Net Current Assets 0** 



## **Total Net Assets** £ **0** 

|**Funds**|**£**|
|---|---|
|Unrestricted Funds|<br>0|
|Restricted Funds|0|
|**Total Funds**|**0**|



## **Notes to the Accounts** 

1. **Basis of Accounting** These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011 and relevant guidance from the Charity Commission. 

2. **Income** 

No income was received during the year. 

3. **Expenditure** 

No expenditure was incurred during the year. 

4. **Reserves** As of 31 March 2024, the charity holds no reserves. 

5. **Trustees' Remuneration and Expenses** 

   - No trustee received any remuneration, expenses, or benefits during the reporting period. 

## **Trustees' Declaration** 

The trustees declare that the above accounts are a true and fair representation of the charity’s financial position as of 31 March 2024. 

Signed on behalf of the trustees: 

**Name:** Isaac Chimwemwe Chisi **Position:** Chair of Trustees **Date:** 22/01/2025