Trustees’ Annual Report for the period
From 01/04/2023 Period start date To 31/03/2024 Period end date
Charity name: Thrive UK - Poverty Relief
Charity registration number: 1194343
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The object of the CIO is for the public benefit the relief of poverty and need of people who are homeless or rough sleeping in England including through (i) the provision of food, personal care items and other necessities (either directly or by means of a credit/ voucher system in cooperation with retailers and other third parties); (ii) the provision of or access to shelter and temporary accommodation for the homeless and rough sleepers; (iii) the provision of advice, support and assistance for persons in need who are deemed to be homeless or rough sleeping which directly or indirectly relieve, reduce or end their homelessness; (iv) undertaking, publishing and promoting research relating to homelessness and other associated matters; and v) bringing the issue of homelessness and rough sleeping to the attention of the general public and developing public awareness of the extent and consequences of homelessness and rough sleeping, together with the steps which are and can be taken to alleviate it. |
| 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 |
Thrive UK – Poverty Relief’s activities will be focused around a specially created app, designed to enable the public to make donations (anticipated to be generally of low financial values) for the relief of the homeless in both their local and wider areas. These donations will be used to provide necessities (such as personal care items, food, drink or a night’s accommodation) to the homeless. Homeless individuals will be given credits (anticipated to be digital credits via their mobile phone) which they can exchange for necessities at partnering shops, cafes, hostels, dentists etc. In order to support these activities, Thrive UK–Poverty Relief |
| will partner with retailers, cafes, restaurants and other organisations within local areas. These partnerships will enable the exchange of credits for certain commodities (i.e. a homeless individual will be able to ask a participating café to exchange a credit for a coffee or sandwich). The use of the app will enable low value donations to be easily made, in the knowledge that these will benefit the homeless in the donor’s local area. The use of the credit system also ensures that donations will be used to obtain necessities, reducing the potential for donations to be used to obtain items such as alcohol and drugs. In addition, Thrive UK- Poverty Relief’s App will also provide access for the homeless to the support and resources provided by Thrive UK-Poverty Relief and by other charities and organisations. In this respect, Thrive UK – Poverty Relief will also work with existing charities to provide help and assistance to the homeless. Thrive UK – Poverty Relief will also utilise social media to develop public awareness of, and empathy to, homelessness and the challenges linked to homelessness, with particular emphasis at the current time on the impact of COVID-19 upon the homeless |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The activities of Thrive UK - Poverty Relief are for the support and relief of the homeless. The criteria which will be used by the Trustees in determining who will benefit from the charity are as follows: the charity will benefit the homeless and rough sleepers (Homeless). The Homeless are those who are living/sleeping on the streets, in a public place or who otherwise do not have stable, safe and secure residential accommodation. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A - the charity is not a grant maker |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | N/A |
Please see below
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 | In the reporting year of 01/04/2023 31/03/2024, the charity has remained dormant while the Application has been built and we search for fundraising to enable the charity to run. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Please kindly see above |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Please kindly see above |
| Investment performance against objectives |
Para 1.41 | Please kindly see above |
| Other | Please kindly see above |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | No monies passed through the charity in the year of 01/04/2023 to 31/03/2024 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | N/A |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | Please see above |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The charity has remained dormant during this period with no financial transactions. However, the trustees intend to continue their operations once sufficient funding is secured. |
| 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 | N/A |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | N/A |
| Other | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
Following the guidance of the Charity Commission for England and Wales Policies and procedures adopted for the induction Para 1.51 and training of trustees N/A The charity’s organisational structure and any wider Para 1.51 network with which the charity works N/A Relationship with any Para 1.51 related parties N/A Other
Reference and Administrative details
| Charity name | Thrive UK–Poverty Relief |
|---|---|
| Other name the charity uses | Thrive |
| Registered charity number | 1194343 |
| Charity’s principal address | 58 EMSWORTH CLOSE BURY ST EDMUNDS SUFFOLK IP32 7LT |
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) |
|---|---|---|---|---|
| Charles Francis Carrel |
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| Jacqueline Carrel | ||||
| Matthew David Pettit |
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| Brittany Elvira Paige |
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– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
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| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
N/A
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
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|---|---|---|
| Charles Francis Carrel | ||
Chair |
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| 26/03/2025 | ||
| 26/03/2025 |