2021-12-31-accounts

Trustee report

Daniel Phelan Trust year ending 31[st] December 2021

Registration

The Daniel Phelan Trust was registered as a charity on 29th June 2021

Trustee details

Chair: Cathy Phelan

3 Rectory Grove, London SW4 0DX

Treasurer: Matthew Nolan

6, Sassoon Walk, Marlborough SN8 1UQ

Delroy Corinaldi

81, Thurlstone Road, London SE27 0PE

Meetings

Inaugural meeting of trustees: 11[th] May 2021

First official board meeting: 2[nd] November 2021

Further meetings: 9[th] June 2022

Minutes taken on all occasions.

Aims

The Daniel Phelan Trust was set up in memory of Daniel Phelan. Specifically, to promote good journalistic practice and to create pathways to encourage young people to consider a career in journalism.

Public benefit

The trust is mindful of the lack of diversity in the journalistic profession – currently 86% of professional journalists come from white ethnic groups. We are also mindful of the importance of speaking truth to power in any healthy democracy. We aim to encourage young people from unrepresented communities to find a voice and to consider a career in journalism.

Activities

Research

Two research projects were commissioned from Tania Mason in December 2021.

• An analysis of existing charities providing guidance for young people interested in pursuing a career in the media

• An analysis of the presence of ‘journalism’ as a topic in the national school’s curriculum.

Whilst many charities operate in this area, there is no existing journalistic competition as such. It was also found that there is little in the national curriculum pertaining to journalism or journalistic skills. The content relating to ‘Citizenship ‘being the closest fit in terms of subject matter. Both research papers were extensive and very useful in informing the trustees as to the context in which the trust is operating.

Website development

Development of a website commenced December 2021. www.danielphelantrust.org.uk was launched in July 2022.

Launch of inaugural writing competition

Documents were created outlining the purpose and terms and conditions of the competition.

Appointment of judging panel

A panel of eight judges has been appointed for the competition and presented on the website.

The panel consists of a diverse range of media professionals:

Tania Mason – journalist

Ian Allsop – journalist

Kirsty Weakley – journalist

Eila Madden – journalist /researcher

Kamala Panday – journalist /publisher/entrepreneur/social worker

Erroll Jones – photographer

Matthew Riviere – marketing consultant

Janette Parris – fine artist/lecturer

Fundraising

An Art exhibition of water colour paintings opened in December 2021. Funds raised through this activity by the year end were: £ 255.00 .

Accounts

Total income for year ending 31st December 2021 was £5,255.00

Total expenditure for year ending 31[st] December 2021 was £2,002.76

----- Start of picture text -----
Charity Name No (if any)
Receipts and payments accounts
For the period Period start date Period end date
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Civil Society Media donation 5,000 - - 5,000
Fundraising 175 - - 175
Fundraising 80 - - 80
- - - -
- - - -
- - - -
- - - -
- - - -
5,255 - - 5,255
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 5,255 - - 5,255
A3 Payments
Website creation - Syon Ltd 2,003 - - 2,003
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 2,003 ] - - 2,003
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 2,003 - - 2,003
Net of receipts/(payments) 3,252 - - 3,252
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 3,252 - - 3,252
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period

			Unrestricted		Restricted
Categories	Details		funds		funds
B1 Cash funds	Balance at 31st December 2021 Total cash funds		to nearest £ 3,252 - - 3,252		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					- - - - - - - -
			Fund to which		Amount due
B5 Liabilities	Details		liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name

Signed by one or two trustees on behalf of all the trustees

CC16a Last year

Endowment funds

to nearest £ - - - -

OK

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional) - - - - - - - - - When due (optional)

Date of approval