## **Trustees’ Annual Report for the period** ## **From 1 September 2022 Period start date To 31 August 2023 Period end date** ## **Charity name: MST Foundation (CIO)** ## **Charity registration number: 1195908** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The advancement of education of**
**children and young people through the**
**provision of high quality 1:1 and group**
**tuition to socially disadvantaged**
**children living in Islington and beyond.**| |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 MST Foundation runs weekly**
**tutoring sessions to**
**disadvantaged children. Families**
**must be in receipt of one of the**
**following to qualify:**
**1. Pupil Premium Grant**
**2. Free school meals**
**3. Benefts letter**
**4. 16-19 Bursary funds**
**5. Refugee status**
**The classes**

**- Familiarises children with**
**the processes and**
**requirements of any exams.**

**- Raises children’s**
**aspirations and builds**
**confdence**

**- Consolidates and builds**
**on what they have learnt at**
**school.**| |Statement confirming
whether the trustees have
had regard to theguidance|Para 1.18|**The trustees confrm that they**
**have considered the charity**
**commission’s guidance on public**| issued by the Charity Commission on public benefit ## **benefit.** ## **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|**The MST Foundation delivered**
**300 hours of lessons to 10**
**children every week online via**
**zoom.**
**Additionally, the MST Foundation**
**delivered 100 hours of lessons to**
**20-25 children across 5 schools in**
**Islington.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.41 Achievements against |objectives set||| |---|---|---| |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|**The MST Foundation aims to**
**secure sufcient funding through**
**applying for grants in order to**
**expand and grow the programme**
**going forward.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves will be held in order to**
**fund growth and expansion of the**
**project and ongoing operational**
**and governance costs.**| |Amount of reserves held|Para 1.22|**£4600**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The trustees do not have any**
**uncertainties about the charity as**
**a going concern.**| ## **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|| |---|---|---| |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:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Charitable Incorporated**
**Organisation**| |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|**Trustees are all volunteers and**
**approved by a majority of**
**trustees prior to appointment**| ## **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|MST Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1195908| Charity’s principal address 10 Romilly Road, London, N4 2QZ ## **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)**| |---|---|---|---|---| ||Muhammad Ali|Founder and Trustee||| ||Catherine
Heseltine|Trustee||| ||Andrew Sayers|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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 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** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|Muhammad Ali|Catherine Heseltine| |---|---|---| |||| ||Muhammad Ali|Catherine Heseltine| |||| ||Founder & Trustee|| ||24/05/24|| ||24/05/24|| **MST Foundation 1195908 Receipts and payments accounts CC16a For the period** 9/1/2022 8/31/2023 **To from** |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Donations
**6,778**
Grants
**2,000**
**-**
**-**
**-**
**-**
**-**
**-**
**8,778**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 8,778**
**A3 Payments**
Trustee loan repaid
**4,517**
Google workspace
**55**
webhosting
**400**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 4,972**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 4,972**
**_Net of receipts/(payments)_ 3,806**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**794**
**_Cash funds this year end_ 4,600**
**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 £**| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**6,778**
**2,000**
**-**
**-**
**-**
**-**
**-**
**-**
**8,778**|**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||**-**| |||||**-**| |||||| ||**-**|**-**|**8,778**|**-**| |||||| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**4,517**
**55**
**400**
**-**
**-**
**-**
**-**
**-**
**-**
**4,972**|**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||| |||||**-**| |||||| ||**-**|**-**|**4,972**|**-**| |||||| ||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**3,806**
**-**
**794**
**4,600**|**-**| |||||**-**| |||||**-**| |||||**-**| ## **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**
Signed by one or two trustees on
behalf of all the trustees|**Details**
cash at banj
**Details**
**Details**
**Details**
**Details**
Signature
Muhammad Ali
Catherine Heseltine
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**4,600**
**-**
**-**
**-**
**-**
**-**
**4,600**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
Muhammad Ali
Catherine Heseltine
**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**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||Muhammad Ali|Muhammad Ali|5/24/2024| ||Catherine Heseltine|Catherine Heseltine|**5/24/2024**|