Trustees’ Annual Report for the period
From 03/05/2023 Period start date To Period end date
02/05/2024
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 identifiedinthe 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 ofdisadvantages 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 |
||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | Yes, helping the charity since is open |
| 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:
| Achievements against objectives set |
Para 1.41 | Our objectives is to mange to open and orphanage |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Attended training more training how to do fundraising |
| Investment performance against objectives |
Para 1.41 | |
| Other |
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,realestate, orstructures. |
|
|---|---|---|
| Type of governing document (trust deed,royalcharter) |
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 outlinedinthe charity's governing document. |
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 (if any) |
|---|---|---|---|---|
| Toussaint Charles pagne |
2020 | Chairman toussaint chrales pagne |
||
| Saffi desiree bolou | 2020 | |||
| montheo constant joelgahin |
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 held in The charity have no access 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 03/05/2023 |
Period end date To 02/05/2024 |
| Section A Receipts and payments | Section A Receipts and payments | Section A Receipts and payments | ||||||
|---|---|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 2,900 2,900 - - - 2,900 |
Restricted funds to the nearest £ - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - |
Total funds to the nearest £ 2,900 - - - - 2,900 - - - 2,900 - - 2,867 10 30 - - - - 2,907 - - - 2,907 - 7 |
Last year to the nearest £ |
|||
| Donation | 2,900 | 323 | ||||||
| Sub total(Gross income for AR) |
||||||||
| - | 2,900 | 323 | ||||||
| A2 Asset and investment sales, (see table). |
||||||||
| - | - - - |
- | ||||||
| - | - | - | ||||||
| Sub total | - | - | - | |||||
| Total receipts A3 Payments |
||||||||
| - | 2,900 | 323 | ||||||
| - | - - - |
- - 2,867 10 30 |
||||||
| - | ||||||||
| Food Expenses | 2867 | - | 320 | |||||
| Postage | 10 | |||||||
| Motor Exp | 30 | |||||||
| - | - - |
- | ||||||
| - | - | |||||||
| - | - - |
- - |
- | |||||
| - | - | |||||||
| **Sub total ** | 2,907 | - | - | 2,907 | 320 | |||
| 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 |
||||||||
| - | 2,907 | 320 | ||||||
| - 7 | - | - 7 |
3 | |||||
| - | - - |
- | - | |||||
| 15 | 15 | |||||||
| 8 | - | 8 | 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 £ 8 - - - - - 8 - 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