## **Trustees’ Annual Report for the period**
## **From 01/02/2024 Period start date To 31/01/2025 Period end date**
## **Charity name: CHRISTOFOROS CHARITY FOUNDATION**
## **Charity registration number: 1201639**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To preserve and protect good physical and
mental health and wellbeing among young
people in school settings in the UK by:
a) Providing motivational talks to schools
educationg the dangers of social media and for
those who may be struggling with their mental
health and wellbeing due to social media.
b) offering Various activities to help children
understand the dangers of social media and the
impact this could have on their lives ;
c) providing information and resources
wherever possible to parents and children
around staying safe online and coping with
mental health issues arising from cyberbullying
and other forms of online abuse and
signposting to sources of support for children at
risk.|
|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|• Organising events such as sporting activities
and other activities where individuals can
socialise, make friends, have fun, etc.Physical
activity provides a necessary outlet for kids,
which is important for both physical and mental
health. Helping children find a type of activity
they enjoy, even from an early age, is a great
way to ensure they remain engaged and
interested. Our charity is participating in
physical movement together with the children
and offer competitions, prices and physical
activities and talk about emotions and feelings
regularly. • Provide information wherever
possible to parents and children around staying
safe online|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity|Para 1.18|The trustees have indeed considered
and taken into account the guidance
provided by the Charity Commission on|
Commission on public benefit
public benefit in their decision-making process.
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference This policy outlines the principles and Para 1.38 procedures governing the grant-making Policy on grant making activities of Christoforos Charity Foundation. 1. Objectives: - To support projects and initiatives aligned with the mission and goals of the organization. - To ensure transparency, fairness, and accountability in the grant-making process. - To maximise the impact of grants on the intended beneficiaries and communities. - To uphold ethical standards and legal compliance in grant allocation. 2. Eligibility Criteria: - Applicants must be registered nonprofit organisations, charities, or other eligible entities. - Projects or initiatives must align with the organisation’s focus areas and priorities. - Applicants must demonstrate a clear need for funding and a viable plan for implementation. - Priority may be given to projects that target underserved populations or address urgent community needs. 3. Grant Types: - Project Grants: Funding for specific programs, activities, or initiatives. - Capacity-Building Grants: Support for organisational development, training, and infrastructure improvements. - Emergency Grants: Rapid response funding for unforeseen crises or emergencies.
4. Application Process: - Applicants must submit a detailed proposal outlining the project or initiative, its objectives, budget, timeline, and expected outcomes. - The application form and guidelines will be made available on the organisation’s website or through other designated channels. - Applications will be reviewed based on the eligibility criteria and alignment with the organisation’s mission and priorities. - Shortlisted applicants may be invited for further evaluation or interviews. 5. Evaluation and Decision-Making: - Grant applications will be evaluated by a review committee comprised of board members, staff, and external experts as necessary. - Criteria for evaluation may include impact potential, feasibility, sustainability, and alignment with organisational goals. - Decisions regarding grant awards will be made based on the review committee's recommendations and approved by the board of trustees. 6. Monitoring and Reporting: - Grantees will be required to submit regular progress reports, financial statements, and impact assessments as specified in the grant agreement. - Site visits or evaluations may be conducted to assess project implementation and outcomes. - Non-compliance with reporting requirements or misuse of funds may result in the termination of the grant agreement. 7. Communication and Transparency: - Information about the grant-making process, criteria, and outcomes will be communicated transparently to all stakeholders.
|||- Feedback will be provided to
unsuccessful applicants to support their
future grant-seeking efforts.
- Annual reports or summaries of
grant-making activities will be published
to demonstrate the organisation’s
impact and accountability.
8. Review and Revision:
- This policy will be reviewed
periodically to ensure relevance,
effectiveness, and compliance with
regulatory requirements.
- Amendments or updates may be
proposed by the board of trustees and
approved as per the organisation’s
governance procedures.
Christoforos Charity Foundation is
committed to fostering partnerships,
innovation, and social change through
its grant-making activities, in line with
its mission of [insert mission
statement].|
|---|---|---|
|Policy on social investment
including program related
investment|Para 1.38|This policy outlines the principles and
guidelines governing social investment,
including Program Related Investments
(PRIs), undertaken by [Christoforos
Charity Foundation
1. Objectives:
- To leverage financial resources for
social impact in alignment with the
organization's mission and goals.
- To support innovative approaches
and sustainable solutions to address
social and environmental challenges.
- To promote collaboration and
partnerships with other stakeholders in
the social finance ecosystem.
- To maintain financial prudence and
accountability while pursuing social
investment opportunities.
2. Definition of Social Investment:
- Social investment refers to the use of
financial capital togeneratepositive|
social or environmental outcomes alongside financial returns. - Program Related Investments (PRIs) are a specific form of social investment where funds are provided to support charitable activities or projects, with the primary purpose of achieving social impact. 3. Eligibility and Criteria: - Social investments will target organisations, enterprises, or initiatives that demonstrate a clear mission alignment and potential for social impact. - Priority may be given to projects or ventures addressing pressing social issues, such as poverty alleviation, education, healthcare, environmental sustainability, and community development. - Investments should be financially sustainable, with a viable business model or revenue-generating strategy to ensure long-term impact. 4. Types of Social Investments: - Equity Investments: Direct investments in social enterprises or ventures with growth potential, aiming to generate both financial returns and social impact. - Debt Financing: Providing loans or lines of credit to social purpose organizations or enterprises, with repayment terms tailored to the borrower's capacity and mission impact. - Impact Bonds: Structured financing arrangements where investors provide upfront capital for social interventions, with returns contingent on achieving predefined social outcomes. - Grants with Repayment Terms: Offering financial support in the form of grants, with the expectation of partial or full repayment if specific objectives or milestones are met.
5. Due Diligence and Risk Management: - Prior to making social investments, comprehensive due diligence will be conducted to assess the viability, impact potential, and risks associated with each opportunity. - Risk mitigation strategies will be implemented to safeguard the organization's financial resources and maximize the likelihood of achieving desired social outcomes. - Investments will be monitored regularly to track progress, evaluate impact, and identify any emerging risks or challenges. 6. Decision-Making Process: - Social investment opportunities will be evaluated by a dedicated investment committee or task force, comprising board members, finance experts, and relevant stakeholders. - Criteria for investment selection may include alignment with organizational mission, scalability, potential for leverage, track record of the investee, and risk-return profile. - Decisions regarding social investments will be made based on the recommendation of the investment committee and approved by the board of trustees. 7. Reporting and Impact Measurement: - Regular reporting will be required from investees to track financial performance, social impact metrics, and adherence to agreed-upon terms. - Impact measurement frameworks and tools will be utilized to assess the effectiveness and sustainability of social investments over time. - Transparent communication of investment outcomes and impact results will be provided to stakeholders, including donors, beneficiaries, and the broader community.
|||8. Review and Evaluation:
- This policy will be reviewed
periodically to ensure relevance,
effectiveness, and compliance with
regulatory requirements and best
practices in social finance.
- Lessons learned from social
investment activities will be
incorporated into future decision-
making and strategy development
processes.
Christoforos Charity Foundation is
committed to harnessing the power of
social investment and Program Related
Investments(PR|
|---|---|---|
|Contribution made by
volunteers|Para 1.38|Volunteers play an invaluable role in
advancing our mission and impact. Their
contributions are multifaceted and
include:
1. **Direct Service Delivery:**
Volunteers directly engage with
beneficiaries by offering support,
mentorship, education, or
companionship, enriching their lives
and fostering community connections.
2. **Capacity Building:** Volunteers
contribute their expertise, skills, and
knowledge to strengthen organisational
capacity, whether through strategic
planning, fundraising, marketing, or
program development.
3. **Advocacy and Awareness:**
Volunteers serve as ambassadors for
our cause, advocating for social change,
raising awareness about key issues, and
mobilising support within their
communities.
4. **Resource Mobilisation:**
Volunteers play a crucial role in
fundraising efforts by organising events,
reachingout to donors,andgenerating|
in-kind donations, thereby expanding our financial resources and reach. 5. **Cultural and Linguistic Diversity:** Volunteers bring diverse perspectives, backgrounds, and languages to our organisation, enabling us to better serve a broad range of individuals and communities. 6. **Innovation and Creativity:** Volunteers often bring fresh ideas, innovation, and creativity to our programs and projects, driving continuous 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|The charity has achieved significant
milestones and made a profound
impact on both its beneficiaries and
society as a whole. Some key
achievements include:
1. **Empowering Beneficiaries:**
Through various programs and
initiatives, the charity has empowered
its beneficiaries by providing them with
access to education, skills training and
awareness. This has enabled individuals
to break the cycle of the normal day to
day live such as usage of mobile phones
regularly, gain self-sufficiency, and lead
more fulfilling lives.
2. **Improving Health and Well-
being:** The charity's healthcare
initiatives have improved the health
and well-being of beneficiaries,
providing access to essential services.
As a result, beneficiaries have
experienced improvedphysical and|
more positive health outcomes, leading to a better quality of life. 3. **Promoting Social Inclusion:** By fostering a sense of belonging and community, the charity has promoted social inclusion among vulnerable populations. Beneficiaries have been able to integrate more fully into society, participate in civic life and contribute to the cultural diversity and vibrancy of their communities. 4. **Addressing Social Inequities:** The charity's advocacy efforts and social justice initiatives have raised awareness of systemic inequities and worked to address the dangers of social media. This has led to positive changes in policies and practices. 5. **Strengthening Families and Communities:** Through family support programs, community development projects, the charity has strengthened the fabric of families and communities. Beneficiaries have received vital support networks, social connections, and resources to overcome challenges and build resilience. 6. **Environmental Sustainability:** The charity's environmental initiatives have promoted sustainability and conservation efforts, contributing to a healthier planet for current and future generations. By raising awareness of environmental issues the charity has helped protect children and mitigate the impacts and dangers of social media. Overall, the charity's work has made a tangible difference in the lives of its beneficiaries, empowering individuals, strengthening communities, and contributing to a more just, inclusive, and sustainable society for all.
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41|The charity has demonstrated
commendable achievements against
the objectives set forth, including:
Education and Skill Development:** The
charity surpassed its objective of
providing education and skill
development it has empowered
beneficiaries to acquire children to fell
more meaningful and understand the
inpact that social media has on the lives
Social Inclusion and Integration:** The
charity has exceeded expectations in
promoting social inclusion and
interfaith dialogue, it has created
spaces for understanding, respect, and
cooperation, achieving greater levels of
social cohesion.
Overall, the charity's achievements
against the set objectives underscore its
commitment, effectiveness, and impact
in addressing complex social, economic,
and environmental challenges. By
surpassing expectations, it has
demonstrated its ability to adapt,
innovate, and make a lasting difference
in the lives of beneficiaries and society
as a whole.|
|Performance of fundraising
activities against objectives
set|Para 1.41|The charity's fundraising activities have
demonstrated commendable
performance against the objectives set,
including:
1. **Revenue Generation:** The charity
has successfully met or exceeded its
fundraising revenue targets, securing
sufficient funds to support its programs,
projects, and operational expenses.
Through diversified fundraising
strategies, including individual giving,
corporate partnerships, grant
applications, and special events, it has
maximized revenue streams and|
|||minimized reliance on a single source of
funding.
2. **Cost Efficiency:** Fundraising
activities have been conducted with a
focus on cost efficiency and
effectiveness, maximizing the return on
investment and minimizing overhead
expenses. The charity has implemented
best practices in fundraising
management, budgeting, and
performance tracking to ensure that
resources are allocated strategically and
transparently, optimising the impact of
each fundraising raised.
3. **Compliance and Accountability:**
The charity has maintained high
standards of transparency, integrity,
and compliance in its fundraising
practices, adhering to regulatory
requirements and ethical principles.
The charity's fundraising activities have
demonstrated commendable
performance against the objectives set,
including:|
|---|---|---|
|Investment performance
against objectives|Para 1.41|The charity's investment performance
against objectives has been
commendable, demonstrating prudent
financial management and strategic
decision-making. Key highlights include:
1. **Goal Attainment:** The charity has
met objectives, achieving targeted
returns while effectively managing risk.
By aligning investment strategies with
organisational goals, time horizons, and
risk tolerance, it has optimized portfolio
performance to support long-term
financial sustainability and mission
impact.|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Holding over £50,000 raised from
companies and individuals|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|All monies held is being used to spend on
activities for children|
|Amount of reserves held|Para 1.22|**£64,342**|
|Reasons for holding zero
reserves|Para 1.22|**N/a**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
|**Additional information (optional)**
You may choose to include further statements|**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||
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25||
|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||
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|CHRISTOFOROS CHARITY FOUNDATION|
|---|---|
|Other name the charity uses|CCFWORLD|
|Registered charity number|**_1201639_**|
|Charity’s principal address|223B TURNERS HILL, CHESHUNT, EN89DG|
|||
**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)**|
|---|---|---|---|---|
||GEORGE
NICOLAOU||FROM START||
||ARETI NICOLAOU||FROM START||
||CHRISTAKIS
PETINOU||FROM START||
||JOANNA
PETINOU||FROM START||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
||||
|**N/A**|||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **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) George Nicolaou Position (eg Secretary, Trustee Chair, etc) Date 01/05/2025**
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Christoforos Charity Foundation 1201639
Receipts and payments accounts CC16a
For the period 01/02/2024 31/01/2025
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Revenue 42,495 42,495 67,580
Sub total (Gross income for
42,495 - - 42,495 67,580
AR)
A2 Asset and investment sales,
(see table).
-
-
Sub total - - - - -
Total receipts 42,495 - - 42,495 67,580
A3 Payments
Accounting 500 500 -
Clothes - - 52
Donation Expenses 650 650 4,760
Entertainment 167 167 67
Equipment Hire - - 218
Events 14,717 14,717 6,375
Flowers - - 365
General Office Costs 1,170 1,170 849
Gifts - - 80
Insurance 784 784 744
Marketing - - 1,606
Professional Fees 389 389 2,491
Social Media 4,919 4,919 3,110
Training - - 216
Travel 351 351 -
Vehicle Rental 1,105 1,105 -
Website 49 49 -
Sub total [ 24,801 ] - - 24,801 20,932
A4 Asset and investment
purchases, (see table)
-
-
Sub total [ - ] - - - -
Total payments 24,801 - - 24,801 20,932
Net of receipts/(payments) 17,694 0 - 17,694 46,648
A5 Transfers between funds -
A6 Cash funds last year end 46,648 46,648
Cash funds this year end 64,342 0 - 64,342 46,648
**----- End of picture text -----**
21/06/2025
CCXX R1 accounts (SS)
1
|**Section B Statement of assets and liabilities at the end of the period**|**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
(agree balances with receipts and payments
account(s))
**Details**
**B1 Cash funds**
NatWest Bank
**_Total cash funds_**
**Details**
**B2 Other monetary assets**
**Details**
**B3 Investment assets**
**Details**
**Details**
**B4 Assets retained for the**
**charity’s own use**
Furnitures
Music Equipments
**B5 Liabilities**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**64,342**
**0**
**64,342**
**0**
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|**Endowment**
**funds**
**to nearest £**|
|||**-**|
|||OK|
|||**Endowment**
**funds**
**to nearest £**
**Current value**
**(optional)**
**Current value**
**(optional)**
**When due**
**(optional)**
Date of
approval|
21/06/2025
CCXX R2 accounts (SS)
2
Christoforos Charity Fountation
|31 January 2025|31 January 2025|||
|---|---|---|---|
|||||
|Charity no.:|1201639|Company no.:||
I report to the charity trustees on my examination of the accounts of the above charity for the year ended 31 January 2025.
As the charity’s trustees of the Charity, you are responsible for the preparation of
the accounts in accordance with the requirements of the Charity Act 2011 (“the 2011 Act”).
I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
- I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that:
- Accounting records were not kept in accordance with section 130 of the Act or
- The accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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01 May 2025
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