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2024-07-31-accounts

Digitally Signed Document Document ID: 5FEEE344C03BDE

Document Details

Filename: Trustees Annual Report 31 July 2024.pdf
Client of: McCabe Ford Williams

Signature Details

Name: Richard Tudor
Email: richard@avernacapital.com
Date & Time: 05/06/2025 12:32:13 PM (BST)
IP Address: 86.9.215.227
Signing Statement: Richard Tudor confirms that the information is
correct and complete to the best of their knowledge
and belief.
Name: Pierre-Edouard Harant
Email: pierre@avernacapital.com
Date & Time: 03/06/2025 09:32:44 AM (BST)
IP Address: 86.183.213.152
Signing Statement: Pierre-Edouard Harant confirms that the
information is correct and complete to the best of
their knowledge and belief.

Digitally Signed Document Document ID: 5FEEE344C03BDE

Digital Certificate

The approved PDF file has been digitally certified.Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.

On behalf of: McCabe Ford Williams
PDF digital certificate: IRIS Software Group Limited
Digital certificate issued by: GlobalSign

Please keep a copy of this document for your records.

Trustees’ Annual Report for the period

From 01/08/2023 Period start date To 31/07/2024 Period end date

Charity name: The Averna Capital Foundation

Charity registration number: 1198555

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To advance such charitable purposes
(according to the law of England & Wales)
as the trustees see fit from time to time
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
General Charitable Purposes
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit

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
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 period, the charity made
donations to the following 3 charities:
Lia’s Wings
Teenage Cancer Trust
The Access Project

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 The charity has £71,165.80 in cash at the
end of the period
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Holding reserves for future donations and
to be able to support the charities we make
donations to over a long period of time
Amount of reserves held Para 1.22 £71,165.80
Reasons for holding zero
reserves
Para 1.22 NA
Details of fund materially in
deficit
Para 1.24 NA
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 NA

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 CIO Foundation Constitution
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 In selecting individuals for appointment as
charity trustees, the charity trustees
must have regard to the skills, knowledge
and experience needed for the
effective administration of the CIO

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 related Para 1.51 parties Other

Reference and Administrative details

Charity name The Averna Capital Foundation
Other name the charity uses na
Registered charitynumber 1198555
Charity’s principal address 13 Tedworth Square
SW34DU
London
UK

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)
Richard Tudor Na Wholeperiod Na
Oana Cannizzaro Na Wholeperiod Na
Pierre-Edouard
Harant
Na Whole period Na

– Corporate trustees names of the directors at the date the report was approved

Director name na

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
na na

Funds held as custodian trustees on behalf of others

Description of the assets na held in this capacity Name and objects of the na charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for na 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
Type of
adviser
Name
Address
Type of
adviser
Name
Address
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
na
na

Other optional information

na

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
Pierre-Edouard Harant

Chair
13/05/2025
13/05/2025

Digitally Signed Document Document ID: 6213CEAFE834DF

Document Details

Filename: CC16a 31 July 2024.pdf
Client of: McCabe Ford Williams

Signature Details

Name: Richard Tudor
Email: richard@avernacapital.com
Date & Time: 05/06/2025 12:32:19 PM (BST)
IP Address: 86.9.215.227
Signing Statement: Richard Tudor confirms that the information is
correct and complete to the best of their knowledge
and belief.
Name: Pierre-Edouard Harant
Email: pierre@avernacapital.com
Date & Time: 03/06/2025 09:32:40 AM (BST)
IP Address: 86.183.213.152
Signing Statement: Pierre-Edouard Harant confirms that the
information is correct and complete to the best of
their knowledge and belief.

Digitally Signed Document Document ID: 6213CEAFE834DF

Digital Certificate

The approved PDF file has been digitally certified.Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.

On behalf of: McCabe Ford Williams
PDF digital certificate: IRIS Software Group Limited
Digital certificate issued by: GlobalSign

Please keep a copy of this document for your records.

The Averna Capital Foundation

1198555

Receipts and payments accounts

CC16a

For the period 01/08/2023 31/07/2024 To from

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
15,955
-
-
-
-
-
-
-
15,955
-
-
-
15,955
10,000
10,000
10,000
-
-
-
-
-
-
30,000
-
-
-
30,000
- 14,045
-
85,211
71,166
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
15,955
-
-
-
-
-
-
-
15,955
-
-
-
15,955
10,000
10,000
10,000
-
-
-
-
-
-
30,000
-
-
-
30,000
- 14,045
Total funds
to the nearest £
15,955
-
-
-
-
-
-
-
15,955
-
-
-
15,955
10,000
10,000
10,000
-
-
-
-
-
-
30,000
-
-
-
30,000
- 14,045
Last year
to the nearest £
Donations received 15,955 85,211
- -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
15,955 85,211
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
85,211
Lias wings 10,000 -
Teenage cancer trust 10,000 -
The Accessproject 10,000 -
- -
- -
- -
- -
- -
- -
**Sub total ** 30,000 -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
- 14,045 - - - 14,045 85,211
- - - - -
85,211 - - 85,211 -
71,166 - - 71,166 85,211

CCXX R1 accounts (SS)

29/05/2025

1

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
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Bank account
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
71,166
-
-
-
-
-
71,166
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Pierre-Edouard Harant
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Pierre-Edouard Harant 13/05/2025

CCXX R2 accounts (SS)

29/05/2025

2