Trustees’ Annual Report for the period
From 1/04/2022 Period start date To 31/03/2023 Period end date
Charity name: Literacy Aid UK
Charity registration number: 1181990
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The charity facilitates literacy, cultural, art and holistic activities to vulnerable people, as well as re-commerce training to those who wish to distance themselves from traditional employment and become self- employed. The charity donates books, computers and other educational resources, as well as household and hygiene items to those who otherwise would not aford them. The charity facilitates re-commerce and circular economy training, advice and guidance to organisations, charities, educational institutions that aspire to cut down on business and trade waste and become carbon neutral. |
| 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 |
Ensure universal, sustainable access to high-quality educational resources for all. Foster positive reading habits and attitudes towards global education. Equip under-resourced communities, schools, and libraries with excellent global reading resources. Reduce waste by redirecting gently useditems awayfrom landflls and |
| encouraging their circulation until the end of their lifespan. Promote a circular economy mindset within the business world and communities. Empower individuals to attain their chosen place in society and contribute to a more equitable and inclusive community. The charity continues to deliver activities in the beneft of the community as mentioned in its governing document. The charity continues to support people into employment via long-term educational support, pre-employment training and IAG with progression routes. |
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|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees had had regard to the guidance issued by the Charity Commission on public beneft. |
| Additional information (optional) You may choose to include further statements where relevant about: |
||
| 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 | Volunteers have been crucial contributors to the charity's range of activities. They have participated in meetings with trustees to provide updates on their work and ofer insights into the needs of stakeholders, helping to refne and enhance the charity's initiatives as needed. |
| 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 | Conducted training courses titled "Shared Reading and Reminiscence for Wellbeing." Rescued numerous pre-loved items from being discarded in landflls and distributed them to underserved communities, catering to the needs of those in distress. Assisted individuals in securing employment or establishing their own businesses. Engaged in partnerships with other charities and social enterprises to ensure comprehensive access to enhanced services and support for all benefciaries. Expanded our collaborations with more companies to facilitate their transition towards a more circular economy and their endeavour to achieve carbon neutrality in the foreseeable future. Pursued other endeavours aimed at providing enduring support to individuals striving to integrate into society and fulfl their aspirations. |
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 | 0 |
| Statement explaining the policy for holding reserves statingwhytheyare held |
Para 1.22 | The charity holds £7.50 in reserves. |
| Amount of reserves held | Para 1.22 | £7.50 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | The charity holds no funds. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The charity has not identifed any uncertainties/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 |
|
|---|---|---|
| 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 | Memorandum and Articles of Association |
| 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 charity is recruiting trustees via its partners. It is only the chair that identifes suitable candidates and informs the rest of the trustees at the board meetings. New trustees receive an induction and information pack and spend time in the ofce in Sunderland. The trustees are actively engaged with the charity’s strategic direction and policy. They discuss and approve a strategic plan every year. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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
| Charityname | LiteracyAid UKCIO |
|---|---|
| Other name the charity uses | N/A |
| Registered charitynumber | 1181990 |
Charity’s principal address 27 Norfolk Street, Sunderland, SR1 1EE
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) |
|---|---|---|---|---|
| Catalin Constantine |
27 Norfolk Street, SR1 1EE, Sunderland |
Catalin Constantine | ||
| Walatta Israel Trew |
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| Dan Makaveli | 27 Norfolk Street, SR1 1EE, Sunderland |
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| Sarah Robson | ||||
| Alexandra Collinson |
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| Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved |
|---|---|---|
| Director name | ||
| N/A | ||
| Name of trustees holding title to property belonging to the charity | ||
| Trustee name | Dates acted if not for whole year | |
| N/A | ||
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 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) Catalin Constantine Full name(s) Catalin Constantine
Position (eg Secretary, Chair Chair, etc)
Date
22/01/2024
Sustainable St Ives Reglstered Charity Number 1196334 Charlty information For the Year Ended 31 March 2023 Honorary Offlcers: Chalrnian: Secretsry: Treasurer: Morag Robertson Jill Block K E Jone8 Reglstered Office: 14 Bedford Road St Ives Cornwall TR26 ISP Charlty Reglstratlon Number: 1142930 Trustees: Morag Robertson Matthew Hayter Keith Jones Jill Block
Sustainable St Ives Registered Charity Number 1196334 Report of the Honorary Officers and Trustees For the Year Ended 31 March 2023 The Officers and Trustees present their report the finanaal statements of the Charity for the year ended 31 March 2023. PRINCIPAL ACTIVITY The principal activity of Ihe Charity in the year under review was that of the management and administration of the charity to pursue the Objects of the Association. The main work has been to research and identify suitable premises and to re¢ruit additional Trustees prior to launching projeGI-specific activities. The founding Trustees a four in number and it has been the intention to increase this number. The Objects of the Assoclallon are: OFFICERS OF THE ASSOCIATION ON BEHALF OF THE BOARD: 8iifBlock- Secretary Date: 31" March 2023
Sustainable St Ives Registered Charity Number 1196334 Profit and Loss Account For the Year Ended 31 March 2023 Notes 31.3.23 31.3.22 INCOME 100 100 PROFITIILOSSI After tax if applicable 100 100
Sustainable St Ives Registered Charity Number 1196334 Balance Sheet 31°, March 2023 Notes 31.3.23 31.3.22 FIXED ASSETS CURRENT ASSETS Cash at bank Cash in hand 100 100 100 CREDITORS Amounts falllng due wlthln one year NET CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES Capltal and reseThes 200 100 Proflt and loss account The members have not required the company lo obtain an audit of its financial slalements for the year ended 31 March 2023 but have been examined in accordance with Charities Act 20111SORP. The Trustees acknowledge their responsibilities for: la) Ensuring that the Charity keeps accounting records which mplY with the Charities Act 2011 SORP (Statement of Recommended Practi) Ib) Preparing financial statements which give a true and fair view of Ihe state of affairs of the charity as at the end of each financial year and of any surplus or loss for each financial year in accordan with the requirements of effect as far as applicable to the charity. The financial statements have been prepared in accordano wlh conditions applicable lo small charities of less than £25.000 annual income, but using Ihe historical cost conv&ntion and accruals to give a fair view of the state of affairs of the Charity. The financial statements We approved by the Trustees on 3110312023 and were signed on behalf of the Charity b Mr. Keith Edward Jones Treasurerrrruslee
Sustainable St Ives Registered Charity Number 1196334 Profit and Loss Account For the Year Ended 31 March 2023 (1) ACCOUNTING POLICIES Accountlng Convention The financial statements have been prepared und8r the historical cost convention and in accordance with the Financial Reporting Standard for Smaller entitie5 (effective April 20081. Income Income represents donations and fundraising income collected in the accounting period. Investment Property {where applicable) Investment property would be shown at ils most recent valuation. Deferred Tax Any deferred tax would be recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. There are no deferred taxes outstanding (2) OPERATING PROFITI(LOSS) The operating profit is stated after charging: Trusteelofficer remuneration due for the year. 13) TAXATION Analysis of lax charging: No liability to UK tax arose on aclivity during the year. (4) INVESTMENT PROPERTY nla COST NET BOOK VALUE {5) CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 31.3.222 Accrued Expenses Creditors (6) RESERVES Profit and loss account 200 100
(7) GOING CONCERN The accounts have been prepared on a going conrn basis as the Trustees have confimied Iheir intention to continue their ffinaniaal support of the charity. Sustainable St Ives Registered Charity Number 1196334 Profft and Los s Account For the Year Ended 31 March 2023 31.3.23 31.3.22 Income Donatlons 100 100 100 100 endltu Flnance Costs Bank Charges NET PROFITI LOSS 100