## **Trustees' Annual Report for the period** Period start date Period end date **25 JULY 2022 31 MARCH 2023 From To** ## Section A Reference and administration details ## **Charity name THE SAROJBEN PATEL MEMORIAL TRUST** **Other names charity is known by** **Registered charity number (if any)** ## **1199770** > **Charity's principal address 25 HEYBRIDGE ROAD, LEICESTER** > **Postcode LE5 0AP** ## **Names of the charity trustees who manage the charity** |1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Meena Dhobi|Trustee||| ||Rahoul Naik|Trustee||| ||Atulkumar Patel|Trustee||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** |**Name**|**Dates acted if not for whole year**| |---|---| |NONE|| ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**NONE**||| **Name of chief executive or names of senior staff members (Optional information)** ## **NONE – VOLUNTEERS ONLY** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document CONSTITUTION (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company) CHARITABLE INCORPORATED ORGANISATION (CIO) Trustee selection methods - (eg. appointed by, elected by) Appointed By Governing Body CC Reg# 1170299 Page 1 of 3 ## **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; All Trustees give their time voluntarily and can receive reasonable expenses incurred in the course of their duties but do not receive any remuneration. Volunteers will be recruited as the need arises. Volunteers can receive reasonable expenses incurred in the course of their duties and may receive token honoraria for services rendered. Declarations of Interests are made by Trustees and Volunteers, as applicable, and maintained in a register. - 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**
**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)**|The prevention or relief of poverty or financial hardship anywhere
in the world by providing or assisting in the provision of education,
training, healthcare projects and all the necessary support
designed to enable individuals to generate a sustainable income
and be self-sufficient; and any other charitable purposes falling
within charity law.| |---|---| ||SPMT was registered by the Charity Commission on 25 July 2022.
Our intention is to make grants or donations to organisations; and
to individuals in need. Organisations funded would exclusively be
charitable, or not-for-profit. The Trustees have due regard to the
Commission's guidance, and to the need to be open and fair in
terms of equality, diversity and inclusion.
Trustees have due regard to the commission’s public benefit
guidance when exercising any powers or duties to which the
guidance is relevant.| ## Section D Achievements and performance **Summary of the main** In our first year our main work has been to raise donations income, and **achievements of the charity** to ensure we have appropriate operational policies in place. **during the year** CC Reg# 1170299 Page 2 of 3 **Section E Financial review** **Brief statement of the charity’s policy on reserves** At the end of the year, SPMT has **£1,159 in unrestricted reserves** . Reserves are presently maintained as a risk-buffer and for cash-flow management. Our aim is to grow that to up to £10k for these purposes. **Details of any funds materially in deficit** Not applicable. **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. Income is sourced from donations from companies and individuals. Some donations qualify for Gift Aid. SPMT is registered with the HMRC for this purpose. Trustees have due regard to the Commission guidance on accepting donations. We do not receive any other grants or public funding. We aim to maintain high standards of financial prudence and ethics. The Treasurer has some financial qualifications and experience. Other Trustees have more general business experience. Our turnover is below the threshold for external Examination or Audit. ## **Section F Other optional information** **Signature Full name** Atulkumar Patel, MBE **Position** Trustee **Date** 22 January 2023 CC Reg# 1170299 Page 3 of 3 **Charity Name No (if any) THE SAROJBEN PATEL MEMORIAL TRUST 1199770 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from 25 July 2022 31 March 2023** |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**||**Restricted funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |
DONATIONS|**24,326**||**-**||**-**||**24,326**||**-**| ||||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR)_|**24,326**||**-**||**-**||**24,326**||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**-**| ||||||||||| |
GRANTS|**500**||**-**||**-**||**500**||**-**| |DONATIONS|**23,489**||**-**||**-**||**23,489**||**-**| |BANK CHARGES|**45**||**-**||**-**||**45**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**24,034**||**-**||**-**||**24,034**||**-**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |BALANCE B/F UNREGISTERED CHARITY|**-**||||||||| ||**-**||||||||| |**_Sub total_ **|**-**||||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**-**| ||||||||||| ||**292**||||||||**-**| ||**-**||||||||**-**| ||**867**||||||||**-**| ||**1,159**||||||||**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**|**Details**
**_Total cash funds_**
BANK ACCOUNT|**Unrestricted**
**funds**
**to nearest £**
**1,159**
**-**
**-**
**1,159**|**Restricted funds**
**to nearest £**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||**1,159**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**1,159**|**-**|**-**| CC Reg# 1170299 22/01/2024 1 |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**|**Details**
**Details**
(agree balances with receipts and payments account(s))
**Details**
**Details**
Signature|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
**_ATULKUMAR PATEL_**|OK| |---|---|---|---| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of approval| |||**_ATULKUMAR PATEL_**|**_22-Jan-24_**| ||||| CC Reg# 1170299 22/01/2024 2