## **COLOURFUL DREAMS FOUNDATION TRUSTEES ANNUAL REPORT** ## **For year ended 31st March 2023** The trustees present their report with the financial statements of the charity for the year ended March 2023. ## REFERENCE AND ADMINISTRATIVE DETAILS Charity number: 1193844 Registered Office MILLGARTH HACKFORTH BEDALE DL8 1PB PURPOSE OF THE CHARITY The objectives of the CIO ARE :- 1). The advancement of education for the public benefit in Malawi and the UK by : a) the provision of funding and specialist support designed to assist the development of the Colourful Dreams School in Chisigele village, Malawi, and it's pupils and staff ; b) providing opportunities for young people in the UK to learn about the culture and traditions of Malawi. 2). The prevention and relief of poverty and the protection and preservation of good health in Chisigele village, Malawi. 3). The promotion of volunteering for the public benefit in Malawi and the UK by providing opportunities to volunteer within, and support the development of, the Colourful Dreams School in Chisigele village, Malawi. ## Contributions made by volunteers and supporters. In March 2024 we had a gift appeal so that we could send Christmas/Easter gifts to the children of Colourful Dreams School. We raised £797.00 ## REVIEW OF CHARITY'S FINANCIAL POSITION AT END OF YEAR 2023-2024. - We had an opening balance of £1906.94 April 2023 - The foundation received £4496.44 in donations - We raised £1484.33 through fundraising events - We accrued £14.02 interest - We incurred expenses of £4477.40 - At year end 2024 we have a working balance of £1477.89 ## **HOW THE CHARITY IS CONSTITUTED** COLOURFUL DREAMS FOUNDATION became a Charitable Incorporated Organisation (CIO) on 17th March 2021. This was done to secure the charity's structure and give protection to the trustees. ## **NAMES OF TRUSTEES** KATIE PARK-BROWN (Chair) ALLISON BROWN REBECCA MOSS ## **Summary Report** Our Annual Gift Appeal went ahead and we sent approximately 140 parcels to the children of Colourful Dreams School. The parcels were taken over in person by Katie Park-Brown and her partner Mark Shield so that we could avoid substantial customs and excise costs. Mark and Katie funded their travel costs and accommodation from their own personal funds. The Inner Wheel and Quilting Group from Lutterworth organised fundraising activities and donated funds to the charity. We sent funds to cover cost of staff wages at Colourful Dreams School. We paid for entries into Great North Run and will had 5 representatives running for the charity in September 2024. ALLISON BROWN TRUSTEE 25 November 2024 ## **COLOURFUL DREAMS FOUNDATION TRUSTEES ANNUAL REPORT** ## **For year ended 31st March 2023** The trustees present their report with the financial statements of the charity for the year ended March 2023. ## REFERENCE AND ADMINISTRATIVE DETAILS Charity number: 1193844 Registered Office MILLGARTH HACKFORTH BEDALE DL8 1PB PURPOSE OF THE CHARITY The objectives of the CIO ARE :- 1). The advancement of education for the public benefit in Malawi and the UK by : a) the provision of funding and specialist support designed to assist the development of the Colourful Dreams School in Chisigele village, Malawi, and it's pupils and staff ; b) providing opportunities for young people in the UK to learn about the culture and traditions of Malawi. 2). The prevention and relief of poverty and the protection and preservation of good health in Chisigele village, Malawi. 3). The promotion of volunteering for the public benefit in Malawi and the UK by providing opportunities to volunteer within, and support the development of, the Colourful Dreams School in Chisigele village, Malawi. ## Contributions made by volunteers and supporters. In March 2024 we had a gift appeal so that we could send Christmas/Easter gifts to the children of Colourful Dreams School. We raised £797.00 ## REVIEW OF CHARITY'S FINANCIAL POSITION AT END OF YEAR 2023-2024. - We had an opening balance of £1906.94 April 2023 - The foundation received £4496.44 in donations - We raised £1484.33 through fundraising events - We accrued £14.02 interest - We incurred expenses of £4477.40 - At year end 2024 we have a working balance of £1477.89 ## **HOW THE CHARITY IS CONSTITUTED** COLOURFUL DREAMS FOUNDATION became a Charitable Incorporated Organisation (CIO) on 17th March 2021. This was done to secure the charity's structure and give protection to the trustees. ## **NAMES OF TRUSTEES** KATIE PARK-BROWN (Chair) ALLISON BROWN REBECCA MOSS ## **Summary Report** Our Annual Gift Appeal went ahead and we sent approximately 140 parcels to the children of Colourful Dreams School. The parcels were taken over in person by Katie Park-Brown and her partner Mark Shield so that we could avoid substantial customs and excise costs. Mark and Katie funded their travel costs and accommodation from their own personal funds. The Inner Wheel and Quilting Group from Lutterworth organised fundraising activities and donated funds to the charity. We sent funds to cover cost of staff wages at Colourful Dreams School. We paid for entries into Great North Run and will had 5 representatives running for the charity in September 2024. ALLISON BROWN TRUSTEE 25 November 2024