Trustees’ Annual Report for the period
From 01/04/2024 Period start date to 31/03/2025 Period end date
Charity name: VC FOUNDATION
Charity registration number: 1193142
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To further such charitable purposes (charitable under English law) as the trustees see fit from time to time for the public benefit by making grants to individuals, to registered, excepted and exempt charities and to other organisations. |
| 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 |
We are committed to helping disadvantaged and underprivileged children in poverty-stricken areas around the globe. Our main goals are to tackle child poverty, support education and build child futures. Funded by the fashion world, our mission statement is to - take from fashion to brighten futures. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have complied with their duty to have due regard to the commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant |
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. |
Para 1.20 | Illuminating Hope: Mind The Gap Animation Ad Project In collaboration with Mind The Gap Africa, V&C Foundation embarked on a transformative journey to shed light on the challenges faced by abandoned and orphaned children in Zimbabwe. Tasked with creating an animation for fundraising promotion, we embarked on a creative odyssey. Zimbabwe’s government restrictions made it difficult to portray the true severity of child abandonment and abuse, limiting the charity’s ability to garner international support and funding. Our innovative approach captured the essence of the issue without graphically depicting it, paving the way for increased fundraising opportunities. This animation now serves as a beacon of hope, igniting awareness and crucial support for Mind the Gap Africa’s mission. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | We received donations for 22522 in new clothing and donated the same amount in clothing accordingly |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| 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 | From a related company Vision et Consilium Ltd and Eli and Amalia Ltd |
|---|---|---|
| Investment policy and objectives including any |
Para 1.46 | We are actively seeking new investors as we are a small company, and our aim remains to provide brand new clothing for child poverty areas |
social investment policy adopted A description of the principal risks facing the charity Para 1.46 Other
Reference and Administrative details
| Charity name | VC FOUNDATION |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1193142 |
| Charity’s principal address | Unit 201 Avro House, 7 Havelock Terrace LONDON SW8 4AS |
Names of the charity trustees who manage the charity
| 1 2 2 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Fabio Jesus D’Elia | ||||
| Raymond Pountney |
||||
| Marco Martin Russo |
– Corporate trustees names of the directors at the date the report was approved Director name Fabio Jesus DElia
Funds held as custodian trustees on behalf of others
Description of the assets This charity does not own and/or lease land or held in this capacity property or assets other than office fixtures and furniture’s
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) Fabio Jesus D’Elia
Position (eg Secretary, Chair ee Chair, etc) Date 31/07/25
| Charity number: 1193142 V&CFOUNDATION |
Charity number: 1193142 V&CFOUNDATION |
Charity number: 1193142 V&CFOUNDATION |
No (if any) | No (if any) | CC16a | |
|---|---|---|---|---|---|---|
| For the period from |
01/04/2024 Period start date |
To | 31/03/2025 Period end date |
|||
| Section A Receipts and payments | ||||||
| A1 Receipts | Unrestricted funds to the nearest £ 19,523 3,000 - - - - - - 22,523 - - - 22,523 16,204 5,262 515 441 100 - - 22,522 - - - 22,522 1 - - 1 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 19,523 3,000 - - - - - - 22,523 - - - 22,523 16,204 - 5,262 - 515 441 100 - - 22,522 - - - 22,522 1 |
Last year to the nearest £ |
|
| VISION ET CONSILIUM LTD | 19,523 | - - - - - - - - - |
19,523 | - | ||
| ELI AND AMALIA LTD | 3,000 | 3,000 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total(Gross income for AR) |
22,523 | 22,523 | - | |||
| A2 Asset and investment sales, (see table). |
||||||
| - | - - - |
- | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts A3 Payments |
||||||
| - | 22,523 | - | ||||
| RENT | 16,204 | - - - - - - - - - - |
16,204 | - | ||
| DONATIONS MADE MIND THE GAP AFRICA |
- | - | ||||
| DONATIONS MADE WANDSWORTH YOUTH FOR CHRIST |
5,262 | 5,262 | - | |||
| RUNNING COSTS | - | - | ||||
| ADVETISING | 515 | 515 | - | |||
| OFFICE EXPENSES | 441 | 441 | - | |||
| PROFESSIONAL FEES | 100 | 100 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| **Sub total ** | 22,522 | 22,522 | - | |||
| 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 |
||||||
| - | 22,522 | - | ||||
| 1 | - | - | 1 |
- | ||
| - | - | - - |
- | - | ||
| - | - | - | - | |||
| 1 | - | - | 1 | - |
CCXX R1 accounts (SS)
03/09/2025
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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature START UP FEES Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - Agreement Error 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) 5,808 - - - - Print Name FABIO JESUS D'ELIA |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| ASAP | |||
| Date of approval |
|||
| FABIO JESUS D'ELIA | 31-Jul-25 | ||
CCXX R2 accounts (SS)
03/09/2025
2