CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0610212023 TO 3111212023 Charity name: Northwest Professional and IFA charitable Trust Charity registratlon numbor:1201843 Objectives and Activltles SORP Summary of the purposes of Ihe charity as set out in its ovemin document Summary of the main activities in relation to those purp0s8s for the publi ben6fit, in particular, the activilies, projects or services idenlrfied in the accounts. Para 1.17 To provido under privileged people with help from the financial communities in the north west En land We are a charity of professional Ifas whos main aim is to provide èquipment and venuos to help underprivileged people to thrive and become a valued member of the local comrnunities. We will initially be focusing in the northwest but we hope to go bnto wider communities in the future. The northw•$t profoS8ional and IFA charitable trust have taken rogard to the guidance issued by tho Charity commissions on public Benefit Para 1.17 and 1.19 Statement Gonfirmin9 whether the Irustees have had regard to the guidance issued by the Charity Commission on public benefit Par8 1.18 Additional infomiation (optional You ma choose to include further statements wh8re relevant abouL' SOFIP reference Para 1.38 Policy on grant making Para 1.38 Policy on soclal Inveslment including program related investment Para 1.38 Contribution made by volunteers Other
Achlevements and Performance We have been working in the back ground to grow the amount of companies that we want to work with. However this year has been written of b8cause we as an Industry have had to go through major changeswith the fca. We decided that we needed to focus on that as a priority. IN early 2024 we will start the building up of the firms and funds we hope to bring together Summary of the main achi6vements of the charity. id&ntifying the differen the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. ParA 1.20 Addltlonal Infom)ation (optional) You ma choose to include further statements where relevant about- Ploase see comments above Achievements against objectives set Para 1.41 Ploase soo comment on previous page Performance of fundraising activities against objectives sel Pard 1.41 Inveslment performance against objeGtives Para 1.41 other
Financial Review Review of the charity's financial position at the end of the nod Statement explaining the policy for holding reserves stalin wh the are held Amount of reserves held Reasons for holéing zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity conlinuing as a going conrn Par8 1.21 Wo hold no debts and havo no funds at thls tlme for period ènding 2011212023 Para 1.22 No reserves held Para 1.22 Par8 1.22 Nla Para 1.24 Nla Para 1.23 No uncertainty's at this timo Additional information (optional) You ma choose to include further statements where relevant about.. Th8 charity's principal sources of funds (including any fundraising) Para 1.47 Investrnent policy and objectives including any social investment policy adopled ParJ 1.46 A description of the principal risks facing the charity Pard 1.46 Other
Structure, Governance and Management Description of charity's trusts: Type of governing document Ill'ust deL)d, royal charter How is the charity constituted? (E.g unjnOrporated association, CIO Trustèe selection methods including detsils of any constitutional provisions e.g. eleGtion to post or name of any person or body entitled to appoint one or more trustees cio Para 1.25 Cio Para 125 Foundation Para 1.25 Charity trustees appoint and olect new trustees were appropriats Additional information (optlonal) You ma choose to include further statements where relevanl 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 parti&s Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses Registered chari number Charity's principal address Northwest rofessional and ifa charitsble trust none 21 Hall Green UpIlIand Lancashire WNB OPB
Names of the charity trustees who manage the Charity D*•$ actsd If not for whole Trustè• nam• Offic• {if any) Name of person lor body) entlU•d int trustee Edward Cullen Sleven Lavelle Stephen wright 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re Olrector name rtwasa roved Narne of trustees holding title to propety belonging to the charity Tru8tso nam• Datss acted if nol for whole •r Nla
Funds held as custodian trustees on behalf of others Description of the assets Nla held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects nla Details of arrangements for safe custody and segregation of such assets from Ihe charity's own assets Additional information (optional) Names and addresses of advlsers (Optlonal Informatlon) Type of Name Addre$$ adviser Name of chlef exocutlvo or nam•8 of sonior staff members (Optional infomiation) Exemptions from disclosure Reason for non-disclosure of ke ersonn81 details Other o tional information Please noto that we have as a body of professlonal had to spend rnost of last year In preparing for consumor duties as Independent financial advisors. This is a huge body of work and as such we have had to put on hold activity's wa want to do as a charity until 2025 when we will start to ro res8 the charit 'sho in the communlt
Declarations The trustees declare that they have approved the trustees, report above. Slgnad on behalf of the charlty's trustees Signature(s Full namo(s) Position (èg Sècretary, Chair, 9tc) Edward Cullen Chair Date 0911012024
CHARITY COMMISSION FOR ENGLAND AND WALE5 Receipts and payments accounts CC16a For the perlod To Section A Receipts and payments Unrestricted funds Restrlcted funds Endowment funds Tot81 fvnds Last yoar totho néaro•t tothe totho n•ar•8t£ toth• n8arn8t£ to th• nr•t£ A1 ROGelpts ss income AR) set an IrAe tablfrl. nvestmont sa Tt>tal rocwpts A3P• Sub total A4 Asset and Invèstmont rchases see tabl• Sub totsl Net ofrecei(PJyrnents) A5 Transfor8 betw••n funds A6 Cash funds last year •nd Cash funds this yepr end CCXX R1 a¢wunts Issi 09110r2024
Section B Statement of assets and liabilities at the end of the period Unr•strlct8d funds tr) n•avest£ R•strlcted funds lo nearest£ Endowment fvnd8 Categorie$ Details to neare&t£ 81 Cash funds Total cash ffunds Unrgstrl¢tod funds R•St¢t•d funds to n8ar•st £ Endowm•nt funds to no8ro¥t£ Dotalls tonearo8t£ Fund to whl¢h a54èt lOn ¢wrent TrAIufr Detslls Cojtltyiiondl B3 Investmont assets Fuhd to whkh asset belon urrbnt valu• onal Details B4 Assets rolalned for th• ¢harlWs own ust Fund towhlch rolat8¥ Detsils Ilorblll B5 Llabllltles Signed by one or Iwo trth81888 C behalf of all th8 tnjstees Date of val Spjnalure Print Nama Edwdrd Cullen CCXX R2 8Kounts ISSI 0911012024