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2024-08-31-accounts

Jim Agnew Memorial Charity

Registered charity number 1195922

Annual Report for September 2023 to August 2024

Address

12 Proudfoot Way Aylsham Norfolk NR11 6WE

Trustee Names

Structure and Details of How Managed

The Charity is managed directly by the Trustees who meet monthly either online, in person or a mixture of the two. An agenda and any relevant papers are circulated in advance and decisions recorded. One or more Trustees will then action the decision.

Activities and objectives in the year

During this period, the Charity focused upon raising its profile in the local area, including expansion in Great Yarmouth, and in particular encouraging applications from young people who might qualify for help.

Achievements and performance (including reporting on public benefit)

During the period, the Charity received 18 applications of which eight were accepted and a further four applicants failed to respond to requests for further information. Of the six that were declined, two were over the age limit and a further four failed to meet other criteria.

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The nine accepted applications supported young people in education where their families could not afford to do so:

In addition, the Charity supported the Coats4Kids initiative by funding coats for 323 students at a cost of £8,085.

Financial review

Although the Charity was not actively seeking donations during this period, we received further donations of £4,500 as well as Gift Aid of £1,000 and bank interest of £59. The Charity gave out a total of £11,068 and incurred £102 of bank charges.

Details of any funds held as a custodian trustee

Nil.

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