OpenCharities

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

2022-05-02-accounts

Trustees’ Annual Report for the period

From 03/05/2021 Period start date To 02/05/2022 Period end date

Charity name: Pagne Foundation

Charity registration number: 1192105

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 TO RELIEVE THE POVERTY, ADVANCE THE
EDUCATION AND PRESERVE AND PROTECT THE
HEALTH OF CHILDREN LIVING IN IVORY COAST AND
SUCH OTHER PARTS OF WEST AFRICA AS THE
TRUSTEES SHALL DETERMINE WHO HAVE BEEN
ORPHANED, OR WHO ARE FROM POOR
BACKGROUNDS THAT ARE UNABLE TO SUPPORT
THEMSELVES, THROUGH THE PROVISION OF FOOD,
CLOTHING, MEDICATION, ACCOMMODATION AND
SUPPORT WITH ACCESS TO EDUCATIONAL TUITION.
2) THE PROMOTION OF SOCIAL INCLUSION FOR THE
PUBLIC BENEFIT AMONG REFUGEES AND ASYLUM
SEEKERS LIVING IN LEICESTER AND THE
SURROUNDING AREA WHO ARE SOCIALLY EXCLUDED
ON THE GROUNDS OF THEIR SOCIAL AND ECONOMIC
POSITION, BY PROVIDING
INTERPRETATION/TRANSLATION AND FORM FILLING
SERVICES TO ASSIST THEM TO ADAPT TO LIFE
WITHIN A NEW COMMUNITY. 3) THE RELIEF OF
FINANCIAL HARDSHIP AMONGST REFUGEES AND
ASYLUM SEEKERS AND THEIR DEPENDENTS LIVING IN
LEICESTER AND THE SURROUNDING AREA, IN
PARTICULAR BY PROVIDING ITEMS, CLOTHING, FOOD
AND GRANTS OF FINANCIAL ASSISTANCE.
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
prevention and relief in poverty:Historically, the courts
have defined 'poor' in terms of financial difficulty or a lack of
personal possessions, but in today's social and economic
circumstances, poverty encompasses a wide range of
disadvantages and difficulties that arise from, or are caused
by, a lack of financial or material resources.
Education and Advancement
To be a philanthropic goal for the public good, education
must be able to be 'advanced'. This entails promoting,
sustaining, and expanding individual and group knowledge
and understanding of certain fields of study, skills, and
competence.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment Yes, helping the charity since is open Para 1.38 Contribution made by volunteers Other

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
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The charity has helped a lot in the
African and black community around
the uk by providing food for families in
need and low income and asylum
seekers.

Additional information (optional) You may choose to include further statements where relevant about:

Our objectives is to mange to open and orphanage Achievements against Para 1.41 objectives set Attended training more training how to do fundraising

Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Reviewing a charity's financial position at
the end of a period is essential to
understand its current financial health and
assess its ability to fulfill its mission. This
process typically involves analyzing key
financial documents, metrics, and trends to
determine whether the charity is meeting its
financial goals and if there are any potential
issues that need to be addressed. Below is
a structured approach for reviewing a
charity’s financial position:
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity holds reserves to ensure
financial stability and sustainability in the
short and long term, allowing it to continue
delivering its mission without interruption,
especially during times of financial
uncertainty or economic challenges. The
reserves act as a safeguard, providing the
charity with the ability to weather
unforeseen circumstances, plan for future
growth, and maintain liquidity for
operational needs.
Amount of reserves held Para 1.22 £100
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46 Lack of finance, need a van to be able to do our job
more easily , need a storage and office to be able to
stores our stuff and do activities in our office and
families can come and collect food and others stuff if
needed
Other

Structure, Governance and Management

Description of charity’s
trusts:
A 'charitable trust' is a method for a collective of individuals
('trustees') to oversee assets like cash, investments, real
estate, or structures.
Type of governing document
(trust deed, royal charter)
Para 1.25
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 A "constituted group" refers to an informal organization that
maintains a documented list of rules and guidelines. This
type of group may also be known as an "unincorporated
association." It does not qualify as a charity. We suggest
that the majority of fundamental community organizations
document their regulations and establish themselves as a
constituted group or unincorporated association.
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 There are legal limitations regarding who can serve as a
charity trustee. Furthermore, the charity's governing
document may impose additional restrictions. Prior to
bringing on a new trustee, the trustee board must ensure
that the appointment aligns with the stipulations outlined in
the charity's governing document.
Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Meetings and introductions involving fellow trustees,
staff members, beneficiaries, service users, and
stakeholders are essential. This includes invitations
to various events, meetings, and presentations.
Additionally, it encompasses the preparation of
materials for a trustee induction package, as well as
opportunities for mentorship or coaching
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 Charity legal frameworks, like a Charitable Incorporated
Organisation, provide your organization with the option to
adopt either a foundation or an association governance
model. Conversely, if your organization is structured as an
Unincorporated Association, it will inherently follow an
association governance
Relationship with any
related parties
Para 1.51 Related parties often engage in transactions that
would not occur between unrelated entities. For
instance, a company might sell products to its parent
organization at cost, a pricing strategy it would likely
not extend to other customers.
Other

Reference and Administrative details

Charity name Pagne Foundation
Other name the charity uses None
Registered charity number 1192105
Charity’s principal address 303 Tudor road
Leicester City Council le35jj

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 (ifany)
Toussaint
Charlespagne
2020 Chairman toussaint chrales
pagne
Saffi desiree
bolou
2020
montheo
constant joel
gahin
2020

– 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 **
Mr Toussaint Charles
pagn e
2020

Funds held as custodian trustees on behalf of others

Description of the assets The charity have no access held in this 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 Name Address
adviser

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

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)
Position (eg Secretary,
Chair, etc)
Date
Toussaint Charles pagne

chair
13/03/2025
13/03/2025
PAGNE FOUNDATION No (if any)
1192105
Receipts andpayments accounts CC16a
Period start date
For the period
from
03/05/2021
Period end date
To
02/05/2022

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
2,658
2,658
-
-
-
2,658
Unrestricted
funds
to the nearest
£
2,658
2,658
-
-
-
2,658
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
Total funds
to the nearest £
2,658
-
-
-
-
2,658
-
-
-
2,658
Total funds
to the nearest £
2,658
-
-
-
-
2,658
-
-
-
2,658
Last year
to the nearest £
Donation 2,658 2,056
Donation-MonthlyContribution
Income for Flood
Income for School Project
Fithra
Other Donation
Sub total(Gross income for
AR)
- 2,658 2,056
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 2,658 2,056
Advertisment - -
-
-
-
-
-
-
-
179
2,452
22
- 4
-
-
-
-
92
Education 179 - 56
Food Expenses 2452 - 1,905
Software 22
Bank Charges - 4
Till and Safe -
Bank Charges -
- -
- -
**Sub total ** 2,649 - - 2,649 2,053
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
- 2,649 2,053
9 -
9
3
- -
-
- -
3 3
12 - 12 3

CCXX R1 accounts (SS)

21/03/2025

1

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
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Cash and Bank Balance
Details
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
12
-
-
-
-
-
12
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Toussaint Charles Pagne
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Toussaint Charles Pagne 21/03/2025

CCXX R2 accounts (SS)

21/03/2025

2