Trustees’ Annual Report for the period
From 01/07/22 (Period start date) To 30/06/23 (Period end date)
Charity name: The Red-Inc Foundation
Charity registration number: 1195974
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide grants and donations for such charitable purposes, for the public beneft, that promote the protection of natural resources; the protection of indigenous lands and the protection of biodiversity, endangered habitats and animal species. Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with [section 7 of the Charities and Trustee Investment (Scotland) Act 2005] and [section 2 of the Charities Act (Northern Ireland) 2008] |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
The Red-Inc foundation is a Charitable Incorporated Organisation that supports rainforest protection, tree planting and conservation initiatives across the globe. Through our strong network of charity partners, we supply grants to conservation and reforestation programmes that fully support biodiversity and create signifcant environmental, economic and social beneft. In line with our PlantOneProtectOne initiative Red-Inc ltd make donations to the Red-Inc Foundation to protect rainforests and plant trees for every box of paper sold. All income is generated through the business - Red-Incorporated ltd, a UK company (registration number 06689322). All donations will be received through bank transfer. As this is solely a grant making charity we will have no expenses.. |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission on public beneft |
Para 1.18 | The Red-Inc Foundation can confrm that our charity trustees ‘have regard’ to the commission's public beneft guidance ‘when exercising any powers or duties to which the guidance is relevant’. All trustees are aware of the guidance, they take it into account when making a decision to which the guidance is relevant and if they have decided to depart from the guidance, they understand they must have goodreasonsfordoing so. |
|---|---|---|
| Additional information (optional) You maychoose to include further statements where relevant about: |
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| SORP reference | ||
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the diference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | Achievements by donations to the following charities: Rainforest Trust UK: The Red-Inc Foundation has donated £9,475 in funds that has protected 2,679 acres of rainforest through the Climate Action Fund and conservation action fund. This stores more than 393,813 tonnes CO2e from being released into the atmosphere by protecting these areas. Trees For Cities: The Red-Inc Foundation has donated funds that has planted 211 native trees in London. These trees are planted and nurtured to maturity by volunteers. Eden Reforestation Projects: The Red-Inc Foundation has donated funds that has planted 25,894 trees in Madagascar. These mangrove trees are planted by locals who arepaid a fair wage. Scientifc |
studies have shown that Mangroves sequester carbon at a rate two to four times greater than mature tropical forests, and contain the highest carbon density of all terrestrial ecosystems. This is because of the large amounts of biomass stored underground in the extensive root system. Mangroves are also key part of coastal ecosystems, and renowned for an array of ecosystem services, including fisheries and fibre production, sediment regulation, and storm/tsunami protection.
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s fnancial position at the end of theperiod |
Para 1.21 | The charity has no debts and is up to date with all donations |
| Statement explaining the policy for holding reserves statingwhythey areheld |
Para 1.22 | We do not hold reserves |
| Amount of reserves held | Para 1.22 | n/a |
| Reasons for holding zero reserves |
Para 1.22 | We are a grant making charity with no overheads. Our expenditure will always matchourdonations |
| Details of fund materially in defcit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 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
Structure, Governance and Management
| Description of charity’s trusts: |
The Red-Inc Foundation is a grant making charity |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Constitution for an association |
| 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 moretrustees |
Para 1.25 | All trustees were approached and asked if they would act as trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any Para 1.51 related parties Other
Reference and Administrative details
| Charityname | TheRed-IncFoundation |
|---|---|
| Other name the charity uses |
|
| Registered charitynumber | 1195974 |
| Charity’s principal address | 20 the Faroes, Littlehampton, BN17 6SB |
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 | Ofce (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Adam Huttly | ||||
| Jade Page | ||||
| Julia Mockler | ||||
Corporate trustees – names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| Adam Huttly | 19/05/23 | |
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 n/a 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 adviser |
Name Address |
Name Address |
|---|---|---|
| Treasurer | Amy Wise | 20 the Faroes , BN176SB |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
n/a
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) Adam Huttly
Position (eg Trustee Secretary, Chair, etc) Date 26/06/24
The Red-Inc Foundation
1195974
Receipts and payments accounts
CC16a
For the period 7/1/2022 6/30/2023 To from
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Plant oneprotect one 11,859 Other misc 573 - - - - - - 12,432 - - Sub total - Total receipts 12,432 A3 Payments Plant one Protect one schemes 10,717 Other misc 556 - - - - - - - Sub total 11,273 - - Sub total - Total payments 11,273 Net of receipts/(payments) 1,159 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 1,159 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 £ 11,859 573 - - - - - - 12,432 - - - 12,432 10,717 556 - - - - - - - 11,273 - - - 11,273 1,159 - - 1,159 |
Last year to the nearest £ |
| - - - - - - - - - |
11,859 | - | ||
| 573 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 12,432 | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 12,432 | - | ||
| - - - - - - - - - - |
10,717 | - | ||
| 556 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 11,273 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 11,273 | - | ||
| - | - - - - |
1,159 | - | |
| - | - | - | ||
| - | - | - | ||
| - | 1,159 | - |
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 Bank a/c Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 1,295 - - - - - 1,295 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name 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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