2021-12-31-accounts - Icane Foundation

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Trustees’ Annual Report for the period

From Period start date 08/04/2021 To Period end date 31/12/2021

Charity name: ICANE Foundation

Charity registration number: 1194034

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	A resource for young people providing advice, assistance and organising programmes of physical, educational advancement. Supporting parents of young people with the attributes necessary to play a significant role in their child’s education.
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	Advancing in life– mentoring to enable young people to participate in society, mature and develop independently. Recreation and leisure time-Mindful walking for people living in the area to improve the conditions of life for the 50 plus year group and disabled
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	While conducting the charities activities throughout the year we can confirm the trustees have regard to the guidance issued by the Charity Commission 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
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	 Mentoring service for young people in school has benefitted their development.  Advice for parents to parent their child at risk of exclusion and advice on working in partnership with schools  Advice and guidance in understanding the educational landscape, delivered through multiple channels including but not limited to newsletters and virtual events  Strategically making connections with other charities, networking with grassroot organisations and collaborating with supporters

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	The charity does not currently have financial resources to report. Throughout the reporting period, the charity has not incurred any expenses or liabilities, accrued or earned any assets or revenues. Icane Foundation will develop its financial strategy, capabilities and resources throughout 2022 to support the future development and growth of the charity throughout 2023.
Statement explaining the policy for holding reserves statingwhy they areheld	Para 1.22	As per the above, no assets to report throughout this reporting period
Amount of reserves held	Para 1.22	As per the above
Reasons for holding zero reserves	Para 1.22	Reserves not held given the charities does not have a cost base nor liabilities to report during the reporting period. The charity has been able to achieve objectives set without incurringfinancialcosts.
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Report has been produced on a going concern basis. There are currently no uncertainties to report that could adversely impact thisview.

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	CIO a Charitable Incorporated Organisation
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	There is no maximum number of charity trustees that may be appointed to the charity
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 maximum appointees to the trust Appointees to the trust with the skills, knowledge and experience is for three years Appointment made at a meeting of the trustees

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	ICANE Foundation
Other name the charity uses
Registered charity number	1194034
Charity’s principal address	51 Park Road Hemel Hempstead Hertfordshire HP1 1JS

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
Yvonne Davis	12/11/2020	Icane Foundation
Miles Davis	12/11/2020	Icane Foundation
AmyAdams	14/06/2022	Icane Foundation

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	Not Applicable
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Not Applicable
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	Not Applicable

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address




Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

gne on ea o Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	carys rusees	carys rusees

	Yvonne Davis	Miles Davis
	Founder & Trustee	Treasurer & Trustee
	October 31st2022
	October 31st2022

Charity Name Icane Foundation

No (if any)

Receipts and payments accounts

For the period Period start date Period end date To from 4/8/2021 12/31/2021

Section A Receipts and payments

Unrestricted Restricted Endowment funds funds funds

Total funds

to the nearest £

to the nearest £ to the nearest £

A1 Receipts

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- - - -
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Sub total (Gross income for AR) - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts - - - -
A3 Payments
- - - -
- - - -
- - - -
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- - - -
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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 - - - -
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Section B Statement of assets and liabilities at the end of the period

			Unrestricted	Restricted
Categories	Details		funds	funds
B1 Cash funds		*Total cash funds*	to nearest £ - - - -	to nearest £ - - - -
	(agree	balances with receipts and payments account(s))	OK	OK
			Unrestricted	Restricted
			funds	funds
B2 Other monetary assets	Details		to nearest £ - - - - - -	to nearest £ - - - - - -
B3 Investment assets	Details		Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details		Fund to which asset belongs	Cost (optional) -
charity’s own use				- - - - - - - -
B5 Liabilities	Details		Fund to which liability relates	- - - - - Amount due (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
			Yvonne Davis Miles Davis

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CC16a
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Last year

to the nearest £

Endowment funds to nearest £ - - - -

Endowment funds

to nearest £

Current value (optional) - - - - -

Current value (optional)

When due (optional)

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Date of
approval
10/31/2022
10/31/2022
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