Trustees’ Annual Report for the period
From 23 August 2021 Period start date To 23 August 2022 Period end date
Charity name: LORAINE MICHAELIS FOUNDATION
Charity registration number: 1195600
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | FOR THE PUBLIC BENEFIT TO ADVANCE THE EDUCATION OF THE PUBLIC INTO EXPOSURES TO HARMFUL AND/OR HAZARDOUS CHEMICALS, PARTICLES OR RADIATION IN THE ENVIRONMENT OR WORK PLACE IN THE UNITED KINGDOM OR ANYWHERE IN THE WORLD EITHER DIRECTLY OR BY PROVIDING FINANCIAL GRANTS TO INDIVIDUALS, ACADEMICS, ASSOCIATIONS OR NGOS TO SUPPORT STUDY AND RESEARCH INTO SUCH TOPICS AND THE PUBLICATION OF THE USEFUL RESULTS OF SUCH RESEARCH. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The foundation was not able to progress any activities apart from discuss potential educational plans moving forward due to the fact it took a very long time to set up a bank account and one of the leading founding trustees had progression with her breast cancer. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 |
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
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Setting up a charity bank account was our main achievement. A very lengthy procedure. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 |
Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Cash at the bank was £1000 donated by one of the founding trustees to open a bank account. The company accounting costs were paid for my one of the founding trustees directly. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | n/a |
| Amount of reserves held | Para 1.22 | n/a |
| Reasons for holding zero reserves |
Para 1.22 | New charity |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The trustees have no financial concerns |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
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|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution adopted 23 August 2021 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The frst charity trustees are as follows, and were appointed for the following terms when the charity was set up in 2021 Captain Tristan Loraine For 5 Years Dr Susan Michaelis For 5 Years Ms Merran Michaelis For 3 Years Ms Judith Anne Cullinane For 3 Years Ms Alessandra Airaldi For 3 Years Ms Deanne Coyle De Witt Freise For 3 Years Ms Melissa Ann Dray For 3 Years |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
Other
Reference and Administrative details
| Charity name | Loraine Michaelis Foundation |
|---|---|
| Other name the charity uses | n/a |
| Registered charitynumber | 1195600 |
| Charity’s principal address | Fieldgate, Coltstaple Lane, Horsham, RH13 9BB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Captain Tristan Loraine |
Chairman | |||
| Deanne Coyle De Witt Freise |
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| Merran Michaelis | ||||
| Alessandra Airaldi |
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| Judith Anne Cullinane |
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| Melissa Ann Dray | ||||
| Dr Susan Michaelis |
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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
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None 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 for N/A 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) TRISTAN LORAINE Position (eg Secretary, CHAIRMAN Chair, etc)
Date 25 OCT 2023
LORAINE MICHAELIS FOUNDATION 1195600 Receipts and payments accounts CC16a For the period Period start date Period end date To from 23-Aug-21 23-Aug-22
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Domation byChairman - Amazon - - - - - - - - - - Sub total - Total receipts - A3 Payments None - - - - - - - - - Sub total - - - Sub total - Total payments - Net of receipts/(payments) - A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - 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 £ Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ |
Last year to the nearest £ |
| - - - - - - - - - |
- - - - - - - - - |
1,000 5 - - - - - - 1,005 |
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1,005 - - 1,005 |
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Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B3 Investment assets - None B5 Liabilities - None B2 Other monetary assets - None B4 Assets retained for the charity’s own use - None Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ - 1,005 - - - - - 1,005 OK Agreement Error to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Tristan Loraine Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| OK | |||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| Tristan Loraine | 25-Oct-23 | ||