## **Trustees’ Annual Report for the period**
**From: 1st April 2023 to: 31st March 2024**
**Charity name: The Dime Project**
## **Charity registration number: 1192287**
## **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 needs of persons who are**
**in need by virtue of being homeless or**
**rough sleepers in the UK, through the**
**provision of financial support for**
**clothing, food, selfcare items & cross**
**agency signposting**|
|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|**Partnering with homeless charities,**
**shelters and volunteer groups to safely**
**and productively channel donations**
**(received from members of the public**
**via the Dime smartphone app) towards a**
**homeless individual's rehabilitation.**
**Education and promotion of local**
**shelter services to individuals sleeping**
**rough.**
**Education and promotion (to members**
**of the public) of the need for**
**homelessness services.**
**Development, maintenance and**
**promotion of Dime smartphone app.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Confirmed**|
**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|**N/A**|
Other
## **N/A**
## **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 focused on enhancing**
**our donation platform to better serve**
**other charitable organizations and their**
**beneficiaries. We explored pilot**
**programs and improved the positioning**
**and process so that our partners can**
**effectively utilize the platform.**
**Additionally, we engaged in educational**
**initiatives to raise awareness about the**
**benefits of digital fundraising. We also**
**launched our first fundraising campaign**
**to support these efforts further.**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**N/A**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**N/A**|
|Investment performance
against objectives|Para 1.41|**N/A**|
|Other||**N/A**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**0**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**No expenditure during this accounting**
**period – charity operated in launch**
**phase focused on partner outreach,**
**market research and product**
**development (led by the trustees**
**voluntarily i.e. non-paid).**|
|Amount of reserves held|Para 1.22|**0**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**0**|
|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|**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|**N/A**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**|
|A description of the principal
risks facing the charity|Para 1.46|**N/A**|
|Other||**N/A**|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Foundation Model**|
|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|**No new trustees selected or appointed**|
**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|**N/A**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**N/A**|
|Relationship with any
related parties|Para 1.51|**N/A**|
|Other||**N/A**|
## **Reference and Administrative details**
|Charity name|**The Dime Project**|
|---|---|
|Other name the charity uses|**Dime**|
|Registered charity number|**1192287**|
|Charity’s principal address|**Unit 97874, PO Box 6945, London W1A 6US**|
|||
**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)**|
|---|---|---|---|---|
||Hugo Rayne|Chair|||
||Arthur Tindsley|Trustee|||
||Claudia Gwinnutt|Trustee|||
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## – 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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)** N/A
## **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**|||
|---|---|---|
||Hugo Rayne||
||
Chair||
||31.01.2025||
||31.01.2025||
||**Charity Name**
**The Dime Project**|**Charity Name**
**The Dime Project**|**Charity Name**
**The Dime Project**|**Charity Name**
**The Dime Project**|**Charity Name**
**The Dime Project**|**1192287**
**No (if any)**|**1192287**
**No (if any)**|**1192287**
**No (if any)**|**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
||**For the period**
**from**||Period start date
01-Apr-23||**To**||Period end date
31-Mar-24|||
|||||||||||
|**Section A Receipts and payments**||||||||||
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**||**Restricted**
**funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**|
|Fundraising|**502**||**-**||**-**||**502**||**789**|
|**_Sub total_**_(Gross income for_
_AR)_|**502**||**-**||**-**||**502**||**789**|
|||||||||||
|**A2 Asset and investment sales,**
**(see table).**||||||||||
||**-**||||||**-**||**-**|
|**_Sub total_**|**-**||||||**-**||**-**|
|**_Total receipts_**
**A3 Payments**||||||||||
||||||||||**789**|
|||||||||||
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_ **|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**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_**||||||||||
||||||||||**-**|
|||||||||||
||**502**||||||**502**||**789**|
||**-**||||||**-**||**-**|
||**789**||||||**789**||**-**|
||**1 291**||||||**1 291**||**789**|
CCXX R1 accounts (SS)
1
|**Section B Statement of assets and liabilities at**|**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**
Signed by one or two trustees on
behalf of all the trustees
**B4 Assets retained for the**
**charity’s own use**|**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Fundraising
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**1 291**
**-**
**1 291**
**-**
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)**
**-**
Hugo Rayne
Print Name|**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
||||Date of
approval|
|||Hugo Rayne|31-Jan-25|
CCXX R2 accounts (SS)
2