## **Trustees’ Annual Report for the period** ## **From 1 January 2023 To 31 December 2023** **Charity name:** THE IONE FR **A** Y EDUCATIONAL CHARITY **Charity registration number:** 1197697 ## **Objectives and Activities** ||SORP reference|THE OBJECT OF THE CIO, FO**R**
BENEFIT, IS THE ADVANCEM
FOR STUDENTS IN THE UK A**N**
LOW-SOCIO-ECONOMIC BA**C**
WITH EDUCATIONAL PERFO**R**
OF BEING OFFERED A PLACE
EDUCATION COURSES OR P**R**
THE PROVISION OF BURSARI
OF COURSE AND RESOURCE
THIS CONSTITUTION SHALL**A**
APPLICATION OF THE PROP**E**
THE PURPOSES WHICH ARE**N**
ACCORDANCE WITH SECTIO**N**
CHARITIES AND TRUSTEE IN**V**
(SCOTLAND) ACT 2005 AND**S**
CHARITIES ACT (NORTHERN
THE ADVANCEMENT OF ED**U**
STUDENTS IN THE UK AND J**A**
SOCIO-ECONOMIC BACKGR**O**
EDUCATIONAL PERFORMAN
BEING OFFERED A PLACE O**N**
EDUCATION COURSES OR P**R**
THE PROVISION OF BURSARI
OF COURSE AND RESOURCE
The trustees have had regar**d**
issued by the Charity Comm**i**
benefit.
THE PUBLIC
ENT OF EDUCATION
D JAMAICA FROM
KGROUNDS AND
MANCE WORTHY
ON HIGHER
OGRAMMES VIA
ES AND PAYMENT
FEES. NOTHING IN
UTHORISE AN
RTY OF THE CIO FOR
OT CHARITABLE IN
7 OF THE
ESTMENT
ECTION 2 OF THE
IRELAND)2008.
CATION FOR
MAICA FROM LOW-
UNDS AND WITH
CE WORTHY OF
HIGHER
OGRAMMES VIA
ES AND PAYMENT
FEES.
to the guidance
ssion on public| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|| |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|| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| ## **Additional information (optional)** You may choose to include f **u** rther 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** **----- Start of picture text -----**
SORP reference
**----- End of picture text -----**
|**Achievements and Performance**|**Achievements and Performance**|**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|During the year the charity received donations
from the trustees to allow for the charity to pay
educational fees for a student at the East
London School of Music.| **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|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 increased its aid provided in the year
and also increased receipts. It currently has a
healthybalance of reserves.| |Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|The charity will always maintain at least one
month’s worth of operational costs within
reserves| |Amount of reserves held|Para 1.22|£12,615| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|No uncertainties of the charity’s going concern
status.| **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|CIO – Foundation| |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|Board of Trustees| **----- Start of picture text -----**
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction and Para 1.51
training of trustees
The charity’s organisational
structure and any wider Para 1.51
network with which the
charity works
Relationship with any related Para 1.51
parties
**----- End of picture text -----**
|**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** **----- Start of picture text -----**
Charity name THE IONE FRAY EDUCATIONAL CHARITY
Other name the charity uses
Registered charity number 1197697
Charity’s principal address 78 DURLEY ROAD, LONDON, N16 5JS
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Doreen Ione Fray Chair Trustee
Monica Clemence Trustee
2
Elizabeth Bell
Doreen Green- Trustee
3
Tyser
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– 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** **----- Start of picture text -----**
Charity Name No (if any)
THE IONE FRAY EDUCATIONAL CHARITY 1197697
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 5,939 - - 5,939 8,945
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 5,939 ] - - 5,939 8,945
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 5,939 - - 5,939 8,945
A3 Payments
Tutor Fees 1,920 - - 1,920 149
Accounting fees 200 - - 200 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 2,120 ] - - 2,120 149
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 2,120 - - 2,120 149
Net of receipts/(payments) 3,819 - - 3,819 8,796
A5 Transfers between funds - - - - -
A6 Cash funds last year end 8,796 - - 8,796 -
Cash funds this year end 12,615 - - 12,615 8,796
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## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
CCXX R1 accounts (SS)|Cash in bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**Unrestricted**
**funds**
**to nearest £**
**12,615**
**-**
**-**
**12,615**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
1|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
19/04/2024| |---|---|---|---|---| CCXX R1 accounts (SS) **----- Start of picture text -----**
- - -
- - -
- - -
- - -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B3 Investment assets - -
- -
- -
- -
- -
Fund to which Current value
Details asset belongs Cost (optional) (optional)
B4 Assets retained for the - -
charity’s own use - -
- -
- -
- -
- -
- -
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on Date of
behalf of all the trustees Signature Print Name approval
**----- End of picture text -----**
CCXX R2 accounts (SS) 19/04/2024 2