Trustees’ Annual Report for the period
Charity name: Paros Trust
Charity registration number: 1199488
Objectives and Activities
The charity is a CIO which provides financial support to people in need in High Wycombe.
In our second year, we began forming a partnership with a local charity and made our first donation through them. We also made a donation to an individual through our local church.
Some personal circumstances affected the running of the charity from April 23 to December 24, slowing our progress for the year.
Other details
In this first year the charity formed partnerships with other local organisations who we would offer financial support via, to individuals in the local community who need that help.
Paros Trust Financial Summary for the Year Ended 31st March 2024
Income and Expenditure Account
| Description | Amount (£) |
|---|---|
| Income | |
| - Donations from trustee | 5,565.00 |
| Total Income | 5,565.00 |
| Expenditure | |
| - Steam Purchase (13th July 2023) | 5.99* |
| - Steam Purchase (19th November 2023) | 8.50* |
| - Payment to MR AMT CROSS (16th October 2023) 1,500.00 | |
| Total Expenditure | 1,514.49 |
Description
Amount (£)
Net Income/Expenditure Balance Sheet as of 31st March 2024
4,050.51
| Assets | Amount (£) |
|---|---|
| - Bank Balance | 6,805.01 |
| Total Assets | 6,805.01 |
| Liabilities | 0.00 |
| Net Assets | 6,805.01 |
| Represented By: | |
| - Accumulated Fund (Opening Balance) 2,720.00 | |
| - Surplus/Deficit for the Year | 4,085.01 |
| Total Funds | 6,805.01 |
| *These purchases were made by accident, and the amounts for the first | |
| transaction was promptly replaced when the accident was spotted, the second | |
| transaction has just been seen and will also be replaced. |
Declarations
Signed on behalf of the charity’s trustees
| Signed on behalf of | the charity’s trustees | |
|---|---|---|
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
Jordan Chambers | |
| Jordan Chambers | ||
Chair of Trustee’s |
||
| 3/8/24 | ||
| 3/8/24 |