Trustees’ Annual Report for the period
From 12/01/2022 Period start date To 01/12/2022
Period end date
Charity name: Lenoir Foundation
Charity registration number: 1197474
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | We work to address the digital divide by partnering with communities in the UK and East Africa to help give youth access to digital technology, educational opportunities and support |
| 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 |
We’re working hard to build safe and healthy learning environments that help children reach their full potential. We’re collecting data to understand what’s working and how to continually improve our programs and practices. We believe that a day will come in our lifetimes when every single child has access to quality education. And we want to prove how unstoppable we are when we work together. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’. The Charity relies on donations to cover its operating costs |
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 The charity has achieved significant progress in improving the lives of its beneficiaries. It has provided IT Equipment and necessities to those in need, empowering them to lead better lives. Summary of the main Para 1.20 Additionally, the charity's work has had a achievements of the charity, positive impact on society by reducing poverty identifying the difference the and inequality. charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
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 financial position at the end of the period |
Para 1.21 | The charity had a surplus for the year of £611. These are net current assets which are unrestricted. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves are needed to meet the working capital requirements of the charity. |
| Amount of reserves held | Para 1.22 | The Charity held £811 in cash at the end of the reporting period. |
| 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 charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. |
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 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
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 |
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 Other name the charity uses Registered charity number Charity’s principal address
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 Nam e of pers on (or bod y) entit led to app oint trust ee (if any) |
|---|---|---|---|
| Janice Muradzikwa |
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| Ionut Iulian Ungureanu |
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| Chardelle Lennard |
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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
Trustee narne Date5 acted rf not for whole ear
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)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|---|
| Type of adviser Name Address |
|||
| 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) jmawaka
Full name(s) James Mawaka Position (eg Secretary, Chair Chair, etc)
Date
The Lenor Foundation
Consolidated Statement of Financial Activities
For Year Ending 1 December 2022
| Note £ Donations £1,007 Expenditure on charitable activities: Operation of Charity -£397 Net income/(expenditure) and net movement in funds for the year £611 Total funds carried forward £611 Note £ Fixed Assets Tangible Assets 2 £180 Current Assets Cash at Bank £811 Creditors: Amounts falling due within one year 3 -£200 £611 Net Current Assets Total Assets Less Current Liabilities £611 The funds of the charity: Unrestricted income funds £611 Total Charity Funds £611 Unrestricted Funds The Lenor Foundation Balance Sheet As at 1 December 2022 |
Note £ Donations £1,007 Expenditure on charitable activities: Operation of Charity -£397 Net income/(expenditure) and net movement in funds for the year £611 Total funds carried forward £611 Note £ Fixed Assets Tangible Assets 2 £180 Current Assets Cash at Bank £811 Creditors: Amounts falling due within one year 3 -£200 £611 Net Current Assets Total Assets Less Current Liabilities £611 The funds of the charity: Unrestricted income funds £611 Total Charity Funds £611 Unrestricted Funds The Lenor Foundation Balance Sheet As at 1 December 2022 |
Note £ Donations £1,007 Expenditure on charitable activities: Operation of Charity -£397 Net income/(expenditure) and net movement in funds for the year £611 Total funds carried forward £611 Note £ Fixed Assets Tangible Assets 2 £180 Current Assets Cash at Bank £811 Creditors: Amounts falling due within one year 3 -£200 £611 Net Current Assets Total Assets Less Current Liabilities £611 The funds of the charity: Unrestricted income funds £611 Total Charity Funds £611 Unrestricted Funds The Lenor Foundation Balance Sheet As at 1 December 2022 |
|---|---|---|
| £611 | ||
| £611 | ||
| £ £180 £811 -£200 |
||
| £611 | ||
| £611 | ||
| £611 | ||
| £611 |
ThE d1CtorS ère satisfied that the tOillPanY 15 entitled to exÈtnption from the pr¢viSion5 af the Companie5 Act 1985 (the Adl relètin8 to the èudlt of the financial siaternen15 fof the period by viriue of seaion 34914lll. and thar no member or rnptnbers have requp5ted an audit pur5uanttD 5ettion 249BI21 Df the Att. The director5 acknowledge thelr re5pon5ibilltie5 for.. 111 ensurlng that the company keeps proper accouniing recovds whlch comply wlth sectlon 2ZI of theAct. and lill preparini financial statements whith ghe a true and lf view of the stateof ffalrs of the ¢omp•Dy as at the ernd of the finan¢lal period and of Its profit or loss for th@ financial period in accordance with the requirernents of section 226. and which otherwise COMpwIth thE requiretnent5 of the Act relatinE tDfinafitial 5tatEtnent5, These financial statemÈnts have been preparÈd In accordance with thÈ spÈtial pro¥lsSon5 for small ¢ompanles under Part Vll of the Companles Act 1985 and wbth the Fifiancial Reporting standard for Smaller EDtitle5 leffeaive January 2(K171- LenoSr Foundaibon Note5 and Accountin8 Policie5 Period frurn 12 january 21XTr7to 31 March 2(X)B l. Ac¢ourrtlP8 Policies lal Basls of accauntlhg The flnancSal statements have been prepared underthe historical cosi convention. and In acciKdaDce wlth the Fnarxial Reporting Standard for Stnaller Entitie5 (effective January 2W71. Ibl Turnover Turno¥er represents the lai¥value of consldeMkn recelvable. ex¢ludlng Value Added Tax. inthe ordinary course of bu5inE55 faF5eTrice5 provided. 2. Thnglble Assets Current tax.. Wdeo Recording EquSpment 3. Ct*dltors.. AmOUTr falllrtg within tsn• y•ar kcountin8 Fees £200