| SAVING DREAMS | 1193144 | ||
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| For the period from 01/04/2023 |
To | 31/03/2024 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 193 - 431 1,120 - - - - 1,744 - - - 1,744 250 - - 823 110 - - 63 - - - - - - - - 1,246 |
Restricted funds to the nearest £ - 8,000 - - - - - - 8,000 - - - 8,000 - - - 295 3,357 - - - 1,074 - - 216 250 293 193 440 185 - 6,303 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 193 8,000 431 1,120 - - - - 9,744 - - - 9,744 250 295 3,357 823 110 - 1,074 63 - 216 250 293 193 440 185 - 7,549 |
2022 to the nearest £ |
|---|---|---|---|---|---|
| Book Sales | 193 | 93 | |||
| Donations - Restricted | - | 9,000 | |||
| Donations - Unrestricted | 431 | 620 | |||
| Ticket Sales | 1,120 | - | |||
| - | - | ||||
| - | - | ||||
| - | - | ||||
| - | - | ||||
| Sub total(Gross income for AR) | 1,744 | 9,713 | |||
| A2 Asset and investment sales, (see table). |
|||||
| - | |||||
| - | - | ||||
| Sub total | - | - | |||
| Total receipts A3 Payments |
|||||
| 9,713 | |||||
| - | - | - | |||
| A3 Payments | - | - | - | ||
| Accounting | 250 | - | - | 250 | 250 |
| Book PublishingExpenses | - | 295 | - | 295 | 2,600 |
| Care Kit | - | 3,357 | - | 3,357 | 4,689 |
| Donation | 823 | - | - | 823 | 2,128 |
| Event | 110 | - | - | 110 | - |
| Fine | - | - | - | - | 100 |
| General Office Costs | - | 1,074 | - | 1,074 | 358 |
| Insurance | 63 | - | - | 63 | - |
| Marketing | - | - | - | - | 120 |
| Petrol | - | 216 | - | 216 | 30 |
| Storage | - | 250 | - | 250 | - |
| Subscription | - | 293 | - | 293 | 136 |
| Travel | - | 193 | 193 | 378 | |
| Venue Hire | - | 440 | 440 | - | |
| Website | - | 185 | - | 185 | 325 |
| - | - | - | - | - | |
| **Sub total ** | 1,246 | 6,303 | - | 7,549 | 11,114 |
| A4 Asset and investment purchases, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (see table) | ||||||||||
| - | - | - | - | |||||||
| - | - | - | - | |||||||
| **Sub total ** | - | - | - | - | - | |||||
| Total payments | 1,246 | 6,303 | - | 7,549 | 11,114 | |||||
| Net of receipts/(payments) | 498 | 1,697 | - | 2,195 | (1,401) | |||||
| A5 Transfers between funds | - | - | - | - | - | |||||
| A6 Cash funds last year end | 103 | - | - | 103 | 1,504 | |||||
| Cash funds this year end | 601 | 1,697 | - | 2,298 | 103 |
Section B Statement of assets and liabilities at the end of the period
| Current Account Details |
Unrestricted funds to nearest £ 601 - |
Restricted funds to nearest £ 1,697 - |
Endowment funds to nearest £ |
|---|---|---|---|
| Current Account | 601 | 1,697 | - |
| - | - | - |
| - | - | - | |||||||
|---|---|---|---|---|---|---|---|---|---|
| ( g | Total cash funds p p y |
601 | 1,697 | - | |||||
| account(s)) | OK | OK | OK | ||||||
| Unrestricted | Restricted | Endowment | |||||||
| funds | funds | funds | |||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the | - | - | |||||||
| charity’s own use | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Fund to which | Amount due | When due | |||||||
| Details | liability relates | (optional) | (optional) | ||||||
| B5 Liabilities | - | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval | ||||||
| Andrea Malam | 30/07/2024 | ||||||||
Trustees’ Annual Report for the period
From 01 April 2023 Period start date To 31 March 2024 Period end date
Charity name: SAVING DREAMS
Charity registration number: 1193144
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are: a) the preventon or relief of poverty in the UK, India and Kenya by providing grants, items and services to individuals in need and/or charites, or other organisatons working to prevent of relieve poverty. b) for the public beneft to relieve the needs of children and young people living in the UK, India and Kenya by the provision of goods, items and services. |
| 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 |
Two main projects during the year were the 1. Helping the needy Project - Saving Dreams provided food and household items to the needy. 2.the Stationary & Care Kit Project. Saving Dreams provided underprivileged children with care kit and stationary boxes supporting them |
| 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 had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
SORP reference Saving Dreams has helped and supported hundreds of underprivileged children and their families during the in the UK, India and Nepal. We have supported local food banks with Summary of the main Para 1.20 providing general food and hygiene kits to achievements of the charity, refugee centres and local community whilst identifying the difference the volunteering with the same. charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| 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 | Receipts: The receipts are mainly from one donor to the tune of £8,000 (National Lottery). Net spendings were £….. Total cash funds is £ ….. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held to enable the charity to continue to operate should income suddenly reduce or unforeseen expenses occur. |
| 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 | |
|---|---|---|
| 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 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charity Commission, Association Model Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO with voting members |
| 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 | Elected by members |
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 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | SAVING DREAMS |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1193144 |
| Charity’s principal address | 46 Hampden Way, London, N14 5DX |
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) |
|---|---|---|---|---|
| Conrad Vince Irudayaraj |
||||
| Andrea Malam | ||||
| Keith Grenville Alexander |
||||
| Sharm Malam | ||||
– 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 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)
| Names and | addresses of advisers (Optional information) | addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| Agent | Gerald Gurriet | Venusia Ltd, Apt 316 Wimbledon Central, 21-33 Worple Road, London, SW19 4BJ |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details