## **Trustees’ Annual Report for the period**
**From 5[th] July 2021 Period start date To 31[st] March 2022 Period end date**
## **Charity name: Albion Business School**
**Charity registration number: 1195048**
## **Objectives and Activities**
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SORP reference
Summary of the Para 1.17 The advancement of education
purposes of the charity for public benefit in business and
as set out in its entrepreneurship primarily, but
governing document not exclusively for students in
developing regions of the world.
Summary of the main Para 1.17 and The charity aims to provide UK
1.19
activities in relation to university degree level education.
those purposes for the The first project is in South Sudan
public benefit, in starting in September 2022,
particular, the activities, providing free business and
projects or services entrepreneurship degree
identified in the education to 25 female students.
accounts.
Statement confirming Para 1.18 The trustees have used the
whether the trustees guidance on
have had regard to the education for public benefit to
guidance issued by the ensure the charity meets the
Charity Commission on public benefit requirement.
public benefit
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## **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**
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SORP reference
In the first year of the charity, the
establishment of a higher
education degree, which is
Summary of the main validated by a UK University has
Para 1.20
achievements of the been most of the work. This
charity, identifying the required the design of the
difference the charity’s programme to ensure it meets UK
work has made to the higher education benchmarks in
circumstances of its conjunction with ability to
beneficiaries and any provide a resilience curriculum
wider benefits to society with the potential to be delivered
as a whole. across a wider range of physical
environments.
The degree was validated by a UK
university in March 2022.
The charity started funding
raising for the delivery of the
programmes in March 2022.
Then charity then moved onto
planning the September 2022
launch of the degree programme
in South Sudan. This involved the
development of the learning
material, student recruitment
and logistical planning.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities Para 1.41 against objectives set
Investment performance Para 1.41 against objectives Other
## **Financial Review**
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Review of the charity’s Para 1.21 The charity is in its first year of
financial position at the operation and the clear focus was
end of the period on designing and validating the
degree programme.
Funding raising started once the
programmes were validated,
raising £547 in the first month.
Statement explaining Para 1.22 At this point the charity has
the policy for holding neither reserves nor a policy
reserves stating why towards them.
they are held
Amount of reserves held Para 1.22 nil
Reasons for holding zero Para 1.22 The charity is one year old and
reserves this first year aims was to design
and validate the education
programme.
Details of fund materially Para 1.24 None
in deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a
going concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution and Articles of
document Association
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 The charity requires a set of
methods including competencies to deliver impact
details of any and sustainably in its public
constitutional provisions benefit.
e.g. election to post or The charity reviews the skills,
name of any person or knowledge and experience of the
body entitled to appoint applicant based on the Trustee
one or more trustees role and current trustee’s to
meet its needs.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure Para 1.51 and any wider network with which the charity works Relationship with any Para 1.51 related parties Other
## **Reference and Administrative details**
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Charity name Albion Business School
Other name the charity
uses
Registered charity 1195048
number
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||Charity’s principal
address|167-169 Great Portland Street, 5th Floor, London
W1W 5PF||
|---|---|---|---|
|||||
## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
David Bozward
1
Matthew Rogers-
2
Draycott
3 Deepak Pathak 8 [th] September 2021
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for
whole year
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## **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 N/A for 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
## **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) Full name(s)** David Bozward **Position (eg** Chair **Secretary, Chair, etc)**
**Date** 20/12/2022
**Albion Business School No (if any)**
## **Receipts and payments accounts For the period** 7/5/2021 **To from**
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For the period 7/5/2021 3/31/2022
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
547 - - 547
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 547 - - 547
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total [ - ] - - -
Total receipts 547 - - 547
A3 Payments
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total - - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments - - - -
Net of receipts/(payments) 547 - - 547
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 547 - - 547
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## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**||**Restricted**|
|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**||**funds**|
|**B1 Cash funds**||**_Total cash funds_**|**to nearest £**
**547**
**-**
**-**
**547**|
|**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||
||||David Bozward
Matthew Rogers-Draycott|||
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CC16a
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## **Last year**
**to the nearest £**
**-**
**-**
**-**
**-**
## **Endowment funds to nearest £**
**-**
## OK
## **Endowment funds to nearest £**
**-**
**Current value (optional)**
**-**
**Current value (optional)**
**When due (optional)**
Date of approval 12/30/2022 12/30/2022