2024-03-31-accounts - Eee4disadvantaged CIO

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date 01 January 2023 31 March 2024

From

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1198183

EEE4Disadvantaged CIO

Charity's principal address Unit 2 Paladin Works, Atlas Street, Fenton, Stoke on Trent Postcode ST4 3AL

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)
	William Harvey	Lead Trustee
	William Irvine

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

CIO - Foundation

Type of governing document (eg. trust deed, constitution) Company How the charity is constituted

(eg. trust, association, company)

Appointment by the Trustees and workforce members. Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The organisation provides education and training for disadvantaged people who through their social and economic circumstances are in need and unable to gain employment, through on-the-job training and work experience.

TAR

March 2012

To promote Social Inclusion for the public benefit by preventing people resident in Stoke-on-Trent and the surrounding area from becoming socially excluded.
Relieving the needs of those people who are socially excluded and assisting them to integrate into society. In furtherance of this activities will include promoting the Education and Training of disadvantaged people who through their social and economic circumstances are in need and unable to gain employment to such people.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

To promote the conservation, protection and improvement of the physical and natural environment by raising awareness of electronic waste and to champion the responsible recycling and disposal of such equipment to reduce environmental damage.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The charity has extended its sphere of activity over the 15 month period and has reaped the benefits of that extention..

Sales of donated goods achieved £ 148,905 Donations amounted to £ 5,304 Grant income £ 20,514 £ 174723

The organisation employed 9 full-time employees and generated 2175 volunteer hours during the period.

N.B. All of the items sold are donated and therefore are Zero Rated for VAT purposes.

Since November 2023 the charity has entered into a Service Level Agreement with Staffordshire County Council which authorises the charity to remove donated Electrical and Electronic Equipment from their 14 Reclamation Sites across the county, this has meant one vehicle dedicated to this agreement every working day.

TAR

March 2012

Section D Achievements and erformance p

TAR

March 2012

Section E Financial review

The organisation has not yet created a reserves policy.

Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Bill Harvey Full name(s) William Harvey Position (eg Secretary, Chair, Lead Trustee etc) Date 02/10/24

TAR

March 2012

	Charity Name EEE4Disadvantaged CIO	Charity Name EEE4Disadvantaged CIO	Charity Name EEE4Disadvantaged CIO	No (if any) 1198183	CC16a
	For the period from	Period start date 01/01/2023	To	Period end date 31/03/2024

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 148,905 5,304 20,514 - - - - - 174,723 - - - 174,723 101,822 11,528 2,658 1,816 1,135 588 8,106 1,000 6,140 2,307 546 137,646 8,359 2,520 10,879 148,525 26,198 - - 26,198	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 148,905 5,304 20,514 - - - - - 174,723 - - - 174,723 101,822 11,528 2,658 1,816 1,135 588 8,106 1,000 6,140 2,307 546 137,646 8,359 2,520 10,879 148,525 26,198	Last year to the nearest £
Sales of Donated Goods	148,905				54,659
Donations	5,304				4,336
Grants	20,514				8,350
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	174,723				67,345

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					67,345

Wages	101,822				48,152
Vehicle costs	11,528				8,960
Volunteer Expenses	2,658				2,288
Insurance	1,816				845
Post & Packing	1,135				302
Broadband	588				216
SundryExpenses	8,106				73
Depreciation	1,000				1,000
Heat,Light and Power	6,140
Rent-silverdale	2,307
Business Rates	546				-
**Sub total **	137,646				61,836

A4 Asset and investment purchases, (see table)
vehicles	8,359
Hard drivepunch	2,520
**Sub total **	10,879				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					61,836

	26,198	-	-	26,198	5,509
	-	-	-	-	-
	-	-	-	-	-
	26,198	-	-	26,198	5,509

CCXX R1 accounts (SS)

02/10/2024

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Debtors UKSPF Cash in hand Cah at Bank Details Details Vehicles Biomass Heater Hard drive punch forklift total Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 3,427 - 22,771 - - - 26,198 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 3,416 - 15,408 - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 13859 - 14500 - 2520 - 2000 - - - - - 32879 - Fund to which liability relates Amount due (optional) - - - - - Print Name	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval

CCXX R2 accounts (SS)

02/10/2024

EEE4DlSADVANTAGED CIO

Report to the trustees/ members of

31[ST ] MARCH 2024 Charity 1 198183 members of no (if On accounts for the any) year ended 1 and 2

Set out on pages

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/03/2024.

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act Responsibilities and 201 1 ("the Act"). basis of report

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I

have followed the applicable Directions given by the Charity Commission

under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm examiner's statement come to my attention in connection with cause to believe that in, any material respect:

accounting records were not kept in accordance the Act or

the accounts do not accord with the accounting records

I have no concerns and have come across with the examination to which attention proper understanding of the accounts to be reached.

Signed: Date: Name : Relevant professional qualification(s) or body (if any): Address:

Only complete if the examiner needs to highlight matters of concern (see Independent examination of charity accounts: directions and guidance for examiners).