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2022-12-31-accounts

Trustee report Daniel Phelan Trust year ending 31[st] December 2022

Registration

The Daniel Phelan Trust was registered as a charity on 1[st] June 2021

Trustee details

Chair: Cathy Phelan

3 Rectory Grove, London SW4 0DX

Treasurer: Matthew Nolan

6, Sassoon Walk, Marlborough SN8 1UQ

Trustee : Delroy Corinaldi

New trustee : joined December August 2023

Mattew Riviere

Apartment 704

Pheonix Heights East

4 Mastmaker Road, London E14 9AJ

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 – A report was commissioned to investigate the current availability of internships available in the publishing sector in respect of the development of an internship programme to be held on an annual basis at Civil Society Media .

Launch of inaugural writing competition

A promotional package was designed and issued to head teachers of all schools in Lambeth, Wandsworth and Lewisham. The first promotion issued by post, was followed up with email and telephone contact with individual schools at various stages throughout the Autumn term.

Communication with schools

To date the response particularly from the State School sector has been slow, so it was decided to extend the closing date to 30[th] January 2023.

Judging panel

The judging panel for the writing competition has been appointed comprising a range of media professionals from underrepresented communities and backgrounds.

Website development

All details of the writing competition are now on line including the full competition criteria and details of the judging panel.

Daniel Phelan Trust
Daniel Phelan Trust
Daniel Phelan Trust
No (if any) CC16a
For the period
from
1/1/2022 To 12/31/2022
Section A Receipts and payments
A1 Receipts
Catharine Watkins annual donation
5,000
Fundraising- Exhibition income
6,186
-
-
-
-
-
11,186
-
-
Sub total -
Total receipts 11,186
A3 Payments
Website creation - Syon Ltd
137
Internshipresearch
1,050
-
-
-
-
-
-
-
Sub total 1,187
-
-
Sub total -
Total payments 1,187
Net of receipts/(payments) 9,999
A5 Transfers between funds
-
A6 Cash funds last year end
3,252
Cash funds this year end 13,251
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 £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
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-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
5,000
6,186
-
-
-
-
-
-
11,186
-
-
-
11,186
137
1,050
-
-
-
-
-
-
-
1,187
-
-
-
1,187
9,999
-
3,252
13,251
Last year
to the nearest £
- 5,000 -
- 6,186 -
- - -
- - -
- - -
- - -
- - -
- - -
- 11,186 -
- -
- - -
- - -
- 11,186 -
- 137 -
- 1,050 -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- 1,187 -
- -
- -
- - -
- 1,187 -
- - 9,999 -
- - - -
- - 3,252 -
- - 13,251 -

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
Balance at 31st December 2021
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
13,251
-
-
13,251
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)
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-
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-
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
-
-
-
-
-

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

Signature

Print Name

Date of approval