Trustees’ Annual Report for the period
From Period start date 01/01/2022 To Period end date 31/12/2022
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 developed 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 stating why they are held |
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 incurring financial costs. |
| 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 this view. |
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
| 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) |
|---|---|---|---|---|
| Yvonne Davis | 12/11/2020 | Icane Foundation | ||
| Miles Davis | 12/11/2020 | Icane Foundation | ||
| Julian Noble | 23/11/2022 | 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 Not Applicable held in this capacity
Name and objects of the Not Applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not Applicable safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
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
Signature(s) Miles Davis Full name(s) Yvonne Davis Position (eg Secretary, Founder & Trustee Treasurer & Trustee Chair, etc) Date January 11[th] 2023
| Charity Name Icane Foundation |
Charity Name Icane Foundation |
Charity Name Icane Foundation |
No (if any) | |
|---|---|---|---|---|
| For the period from |
Period start date 1/1/2022 |
To | Period end date 12/31/2022 |
Section A Receipts and payments
| Section A Receipts and payments | ||||
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| A1 Receipts - - - - - - - - - - - Sub total - Total receipts - A3 Payments - - - - - - - - - Sub total - - - Sub total - Total payments - Net of receipts/(payments) - A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Last year to the nearest £ |
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Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ - - - - OK to nearest £ - - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
to nearest £ - - - - OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional) |
to nearest £ Endowment funds |
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| OK | ||||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| When due (optional) |
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Signed by one or two trustees on behalf of all the trustees
| Signature | Print Name Yvonne Davis Miles Davis |
Date of approval |
|---|---|---|
| Yvonne Davis | 1/11/2023 | |
| Miles Davis | 1/11/2023 |