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2024-03-31-accounts

North West Hazards Trust Trustees’ Report for 2023/24

North West Hazards Trust (NWHT) was registered by the Charity Commission as a charity in May 2021. NWHT’s purpose is to promote health, safety, welfare and wellbeing of working people by facilitating networking, sharing learning and the adoption of good practice and continuous improvement. NWHT will work with other organisations and campaign groups on health and safety at work and in the environment to provide support, advice and assistance; to educate workers and their representatives; to assist individuals and groups experiencing ill health, poverty or lack of information; and to support research into these issues.

From the start it has been the intention of NWHT to apply for funding from charitable funding organisations and then to award grants, to commission work or research, in order to further the charitable purposes. NWHT does not intend to employ staff or undertake large scale work itself. It will use any funding it receives to award grants and commission work from other organisations. The Trustees use their extensive experience and knowledge of this area of work and of organisations and campaign groups working in this field in order to ensure that funding is appropriately awarded and that positive outcomes are achieved.

The Trustees of NWHT aim to apply as little as practically possible of the finances received to the actual running of NWHT, so that maximum impact and benefit can be achieved by the awarding of funding to other organisations. NWHT aims to keep at most about 10% of any income from grants to cover its running costs and to establish a small surplus / contingency fund to provide stability on a rolling basis. The rest of any income will be paid to other organisations in the form of grants or commissioned work.

The Trustees of NWHT have policies to ensure that any awards of funding are done properly and without risk to the charity or to workers who may ultimately benefit from the work carried out.

Achievements and performance

During the year 2023/24, NWHT received a positive report from Greater Manchester Hazards Centre Ltd, about the work on Toxic Use Reduction which had been carried out using the grant of £10,000 from the Alex Ferry Foundation.

Annual Financial Report

In the year ended 31[st] March 2024 NWHT did not receive any income from donations or grants. NWHT had received an individual donation of £22,000 in 2022/23, to which was added £5,500 in Gift Aid, making a total of £27,500. Of that £27,500, £24,750 was paid to Greater Manchester Hazards Centre Ltd to carry out work on mental health in the workplace and to improve social media reach, particularly to young people in non-unionised workplaces.

At the beginning of the financial year 2023/24, NWHT had £27,961.93. During the financial year there was no income. Expenditure was £24,750 in grant to GMHC and £72 in bank charges. At the end of the financial year, NWHT therefore carried forward £3,139.93. NWHT is actively pursuing funding from a grant making fund for the next financial year and is confident that this will be successful.

NWHT Accounts 1[st] April 2023 to 31[st] March 2024

NWHT Accounts 1st April 2023 to 31st March 2024 NWHT Accounts 1st April 2023 to 31st March 2024
At 1st April 2023: Balance brought forward £27,961.93
1 April 2023 to 31 March 2024 Expenditure Balance
30 May 24,750 GMHC £ 3,211.93
30 June 18.00 bank charge £ 3,193.93
30 September 18.00 bank charge £ 3,175.93
31 December 18.00 bank charge £ 3,157.93
31 March 18.00 bank charge £ 3,139.93

Balance carried forward £3,139.93

Signed Caroline Bedale, Acting Treasurer