Report of the Trustees
Period ended 31 March 2022
The trustees present their report for the period 26 July 2021 to 31 March 2022.
Reference & Admin
Charity Name: Moxie Foundation
Charity Number: 1195291
Charity Contact Address: 233 Penstone Court, Chandlery Way, Caerdydd, CF10 5NQ
Name of Trustees: Mr Sam Cooper-Woolley
Mr Richard Thomas
Structure, governance & management
The foundation registered as a charity on 26 July 2021.
The foundations’ governing document is publicly available on the Charity register which sets out the purpose of the foundation and how the foundation will be operated.
The trustees who served during the period and up to the date of signature were:
Mr Sam Cooper-Woolley (appointed 26 July 2021)
Mr Richard Thomas (appointed 26 July 2021)
Objectives & activities
The foundations’ purpose is to enable better access to employment opportunities by distributing grants that support the goals and ambitions of people living in social housing in the South Wales area, specifically those on individuals on low income who are housed or supported by charities or social housing associations.
The foundation provides grant funding to support individuals needs for equipment, qualifications, training courses and any other necessary items for an individual to gain employment.
Public Benefit
The Trustees are aware of the Charity Commission guidance regarding public benefit, and confirm that they have complied with the duty in section 4 of the charities act 2011 to have due regard to it. They consider that the information included in this annual report, about the organisation's aims, activities and achievements demonstrates public benefit in relation to the delivery of the objects of the foundation.
Achievements & Performance
The foundation undertook fundraising activities during the period ended 31 March 2022 to enable distribution of grant funding to prospective users and raised a total of £11,456. The foundation distributed a total of £4,874 by means of grant funding to it’s users in the same period.
Financial Review
The Trustees have examined the charity’s requirement for reserves in light of the main risks to the organisation. The intention in the future is to hold reasonable levels of reserves in the organisation to protect against unforeseen circumstances and potential risks without over retention, which would be contrary to our charitable delivery.
Charity Name Moxie Foundation |
Charity Name Moxie Foundation |
Charity Name Moxie Foundation |
No (if any) 1195291 |
CC16a | |
|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||
| For the period from |
Period start date 01/04/2021 |
To |
Period end date 31/03/2022 |
||
| Section A Receipts and payments | |||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
| Incomeper summary | 11,456 | - | - | 11,456 | - |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| Sub total(Gross income for AR) |
11,456 |
- | - | 11,456 | - |
| A2 Asset and investment sales, (see table). |
|||||
| - | - | - | - | ||
| - | - | - | - | - | |
| Sub total | - | - | - | - | - |
| Total receipts A3 Payments |
|||||
| 11,456 | - | - | 11,456 | - | |
| Expenditureper summary | 4,874 | - | - | 4,874 | - |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| **Sub total ** | 4,874 | - | - | 4,874 | - |
| A4 Asset and investment purchases, (see table) |
|||||
| - | - | - | - | ||
| - | - | - | - | ||
| Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
- | - | - | - | - |
| 4,874 | - | - | 4,874 | - | |
| 6,582 | - | - |
6,582 |
- | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 6,582 | - | - |
6,582 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ - - - - OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 27/02/2023 |
|---|---|---|---|---|
| Bank account | 10,011 | - | - | |
| - | - | |||
| - | - | - | ||
| Total cash funds (agree balances with receipts and payments account(s)) Details |
10,011 | - | - | |
| OK | OK | |||
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
|||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| Details | Fund to which asset belongs |
Cost (optional) | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Details | Fund to which asset belongs |
Cost (optional) | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Details | Fund to which liability relates |
Amount due (optional) |
||
| Moxie People Ltd | Moxie Foundation |
3,429 | ||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Signature | Name | |||
| Date of approval |
||||
| 1 |
CCXX R1 accounts (SS)