# **Trustees’ Annual Report for the period**
**Period start date: 23 September 2021 Period end date: 31 August 2022**
## **Charity name: MST Foundation CIO**
## **Charity registration number: 1195908**
## **Objectives and Activities**
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SORP reference
Summary of the purposes Para 1.17 The advancement of education of
of the charity as set out children and young people through
in its governing the provision of high quality 1:1
document and group tuition to socially and
economically disadvantaged
children living in Islington and
beyond.
Summary of the main Para 1.17 and The MST Foundation runs weekly
1.19
activities in relation to tutoring sessions to
those purposes for the disadvantaged children. Families
public benefit, in must be in receipt of one of the
particular, the activities, following to qualify:
projects or services 1. Pupil Premium Grant
identified in the 2. Free school meals
accounts. 3. Benefits letter
4. 16-19 Bursary fund
5. Refugee status
The classes
- Familiarises children with
the processes and
requirements of any exams.
-
Raises children’s aspirations
and builds confidence
- Consolidates and builds on
what they have learnt at
school.
Statement confirming Para 1.18 The trustees confirm that they
whether the trustees have considered the charity
have had regard to the commission’s guidance on public
guidance issued by the benefit.
Charity Commission on
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
The MST Foundation delivered 29
hours of lessons to 4 children
every week online via zoom.
Summary of the main
Para 1.20
achievements of the Additionally, the MST Foundation
charity, identifying the delivered 22 hours of lessons to 8
difference the charity’s children across 2 primary schools
work has made to the in Islington.
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
Para 1.41
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fundraising activities
against objectives set
Investment performance Para 1.41
against objectives
Other
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## **Financial Review**
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Review of the charity’s Para 1.21 The MST Foundation aims to
financial position at the secure sufficient funding through
end of the period applying for grants in order to
expand and grow the programme
going forward.
Statement explaining the Para 1.22 Reserves will be held in order to
policy for holding fund growth and expansion of the
reserves stating why they project and ongoing operational
are held and governance costs.
Amount of reserves held Para 1.22 £794
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23 The trustees do not have any
uncertainties about the uncertainties about the charity as
charity continuing as a a going concern.
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
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charitable Incorporated
constituted? Organisation
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Trustees are all volunteers and
methods including details approved by a majority of trustees
of any constitutional prior to appointment
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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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
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## **Reference and Administrative details**
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Charity name MST Foundation
Other name the charity
uses
Registered charity 1195908
number
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Charity’s principal 10 Romilly Road, London, N4 2QZ
address
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## **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)
Muhammad Ali Founder and
1
Trustee
Catherine Trustee
2
Heseltine
3 Andrew Sayers Trustee
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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements 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** Catherine Heseltine **Signature(s)** Muhammad Ali Catherine Heseltine **Full name(s)** Muhammad Ali
**Position (eg** Founder & Trustee **Secretary, Chair, etc)**
**Date** 09/05/23
**MST Foundation 1195908**
## **Receipts and payments accounts**
9/23/2021
8/31/2022
**For the period from**
**To**
## **Section A Receipts and payments**
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 890 - - 890
Sales 221 - - 221
Trustee Loan 4,517 - - 4,517
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 5,628 - - 5,628
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 5,628 - - 5,628
A3 Payments
Charitable expenditure 4,834 - - 4,834
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total 4,834 - - 4,834
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 4,834 - - 4,834
Net of receipts/(payments) 794 - - 794
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 794 - - 794
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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**|Cash at bank|**_Total cash funds_**|**to nearest £**
**794**
**-**
**-**
**794**|
|**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**
Trustee loan||Unrestricted
**liability relates**|
|**4,517**
**-**
**-**
**-**
**-**
**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees||Signature|Print|Name||
||Muhammad Ali
Catherine Heseltine||Muhammad||Ali|
||||Catherine Heseltine|||
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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 5/9/2023 5/9/2023