## **MANY HOPES UK** 

## **TRUSTEES’ ANNUAL REPORT** 

**31 December 2021** 



## **TRUSTEES’ ANNUAL REPORT** 

## **Section 1 – Legal and Administrative Information** 

**Charity name: also known as:** 

Many Hopes UK MANY HOPES 

**Charity Commission reg. no.:** 1193700 

**For the financial year starting: and ending:** 

1 January 2021 31 December 2021 

**Charity’s principal address:** 

4 Rosling Road, Bristol, BS7 8SX 

**The Charity’s Governing Document:** 

The charity is constituted as a Charitable Incorporated Organisation with governing documents dated 15 February 2021 

**Trustees as at 31 December 2021:** 

David Gordon Scott (Chairman) Gordon Leslie Scott Victoria Hannah Thompson 

## **Professional Advisers** 

## **Bankers:** 

Triodos Bank, Deanery Rd, Bristol BS1 5AS 

The financial statements have been prepared in accordance with the Charities Act 1993. 



## **Section 2 – Structure, governance and management** 

## **Trustees and Governance** 

The Board of Trustees currently consists of three Trustees. 

## **Management** 

The Trustees are all responsible for the management of the Charity and each Trustee is on the Board that manages the affairs of the Charity.  A chairperson is elected annually at the AGM of the Charity. 

On appointment new Trustees are given a copy of the Trust Deed and a copy of the Charity’s latest report and statement of accounts.  A register of the name and address of each Trustee and the dates on which their terms of office begin and end is kept by the Trustees. 

All Trustees give their time freely and have not received any benefit in money or in kind from the Charity except that the Trustees are insured against claims or the costs of defence to a criminal prosecution brought against them as charity Trustees. 

## **Objectives and Activities for the public benefit** 

The Objects of the charity are specified in the Trust deed as follows: 

_‘The relief of poverty, sickness and distress, the preservation and protection of good health and advancement of education among orphaned, abused, impoverished or enslaved children and adults by such means and in such parts of the world as the trustees shall determine.’_ 

The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Commission in exercising their powers or duties. 

## **Section 3 – Activities and Achievements** 

In 2021 the charity was in the process of being setup.  Mainly due to delays in opening a bank account, the charity activities in 2021 were limited to the raising of a very modest amount (£22).  No grants were paid out in 2021. 

## **Section 4 – Policies** 

**Reserves policy:** In the Trustees’ view, the reserves should provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. 



The trustees propose to maintain the charity’s reserves at a level which is at least equivalent to six months operational expenditure in the light of likely funding streams. 

**Investment policy:** The Charity’s reserves are currently held on deposit at our bankers, Triodos Bank. 



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## **Section 6 – Signature and Declaration** 

**Declaration:** 

**I declare, in my capacity of charity trustee, that the Trustees have approved the report above and have authorised me to sign it on their behalf.** 


**18/10/2022…………………………………..** 

**………………** 

**David Scott Chairman** 

**Date**