2023-03-31-accounts

CUTMANS 1199366

Trustees' Report

Introduction

The Board of Trustees of CUTMANS presents this report for the period 20/06/2022 - 31/03/2023. This report aims to provide stakeholders and the public with an overview of the charity's activities and the reasons behind its current dormant status.

Background

CUTMANS Charity was established on 20 June 2022 with a mission to advance the education of the public in parenting and child-rearing skills by any means. However, unforeseen events have affected the Chair of Trustees, who bears the primary responsibility for the development and advancement of the charity.

Current Status and Decision Making

Due to the unavailability of the Chair of Trustees to actively engage in the charity's development, the Board of Trustees collectively decided to keep the charity dormant during the financial year ending 31/03/2023. The trustees determined that it would be in the best interest of the charity not to establish a bank account, maintain a social media presence, or operate an active website, to avoid incurring any costs during this dormant period or to cause any confusion for the public.

Consideration of Dissolution

The trustees have carefully explored the option of dissolving the charity. However, after thorough deliberation, they concluded that the potential for future development and the identified need within the community underscores the importance of maintaining the charity's registration. While recognising that the Chair of Trustees is currently unavailable to drive the development, the trustees believe in the long-term viability of CUTMANS as a significant contributor to the well-being of families in the local area.

Future Plans and Public Benefit

The Board of Trustees remains committed to the mission of CUTMANS and acknowledges the importance of its future role in supporting families within the community. The decision to keep the charity registered but dormant is strategic, with the anticipation that, in due course, the Chair of Trustees will be able to focus on the setup and development of the charity.

Conclusion

In conclusion, the Trustees express their dedication to the mission and values of the CUTMANS charity. The decision to maintain dormancy is a temporary measure to ensure responsible governance and financial prudence during a period of unforeseen challenges. The Board looks forward to the time when the Chair of Trustees can resume an active role, allowing CUTMANS to fulfil its potential as a valuable resource for the community.

Signed:

Daniel Snyman, Chair of Trustees

Date: 28.01.2024

Registered Address: 56 Mailing Way, Basingstoke, Hampshire, RG24 9TH E: [e-mail]

CUTMANS 1199366

Statement of Financial Activities (Income and Expenditure Statement)

For the period 20/06/2022 - 31/03/2023

Income			Expenditure
	£			£
Total Income	0.00		Total Expenditure	0.00

Net Income: £0.00

Balance Sheet

As of 31/03/2023

As of 31/03/2023
Assets		Liabilites
	£		£
Total Assets	0.00	Total Liabilites	0.00

Net Assets: £0.00

Notes to the Accounts:

1. Nature of Activities: CUTMANS was established on 20 June 2022 to advance the education of the public in parenting and child-rearing skills by any means. However, during the financial year ending 31/03/2023, the charity has been dormant and has not engaged in any activities.

2. Funding: The charity did not receive any funding during the period.

3. Expenditure: The charity did not incur any expenditure during the period.

4. Assets: The charity has no assets as of 31/03/2023.

5. Liabilities: The charity has no liabilities as of 31/03/2023.

6. Bank Account: CUTMANS does not have a bank account.

7. Declaration: These accounts have been prepared in accordance with the requirements for a dormant charity. We declare that to the best of our knowledge and belief, the financial statements present a true and fair view of the state of affairs of CUTMANS as of 31/03/2023.

Authorised Signatory:

Daniel Snyman

Date: 28.01.2024

Registered Address: 56 Mailing Way, Basingstoke, Hampshire, RG24 9TH E: [e-mail]