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2024-03-31-accounts

Gift Grow Good Registered Charity No. 1202132 Annual Report for year end 31 March 2024

Contents Charity Information ................................................................................................................................. 2 Charity Activities and Objectives ............................................................................................................ 3 Recruitment of Trustees ......................................................................................................................... 4 Activities and Objectives in the Year ...................................................................................................... 5 Other ........................................................................................................................................................ 5

Gift Grow Good Registered Charity No. 1202132 Annual Report for year end 31 March 2024

Charity Information

The Trustees present their report for the charity named Gift Grow Good. The registration number of the charity is 1202132.

The charity’s registered address is:

75 Deodar Road London SW15 2NU. The charity has four trustee(s)

Rohinton Mobed Chair Appointed 16 February 2023 Elizabeth Mobed Appointed 16 February 2023 Joanna Mobed Appointed 16 February 2023 Suzanne Carol Mobed Appointed 16 February 2023

The charity is structured as a Charitable Incorporated Organisation (CIO).

Gift Grow Good Registered Charity No. 1202132 Annual Report for year end 31 March 2024

Charity Activities and Objectives

The objectives of the charity is to provide grants and donations for such charitable purposes, for the public benefit, that are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.

The Trustees of the charity seek to support those activities which help further these objectives. The number of projects which can be supported is, of necessity, limited to the amount of funds available for distribution in any year.

It is a private charitable incorporated organisation which only makes donations to other registered charities or projects that support exclusively charitable purposes. The beneficiaries of donations are chosen exclusively by the Trustees. The Trustees will proactively identify charities and projects to support. The charity does not engage in any fundraising activities, and does not solicit or respond to unsolicited requests for donations. The charities chosen for donation will be carefully selected by the Trustees on a set of guiding principles. Criteria will depend on the reputation of the organisation, and if it has proven benefits and positive impacts, with a significant portion of the funds going transparently to its purpose and not administration.

Gift Grow Good Registered Charity No. 1202132 Annual Report for year end 31 March 2024

Recruitment of Trustees

Recruitment of the first trustees was managed by the Chair, based on criteria appropriate to the objectives of the charity including but not limited to:

Experience and knowledge of the charity and its objectives

Willingness to Learn New Ideas

Leadership Skills

Integrity and Good Judgment

Accountability

Openness

Gift Grow Good Registered Charity No. 1202132 Annual Report for year end 31 March 2024

Activities and Objectives in the Year

The charity has focussed upon opening its bank account and receiving funds from the CAF of the same name in order to commence fulfilling its objectives. Pending opening the bank account, it was not possible to make donations and the charity’s work has been focused on dealing with administrative issues and agreeing its policies going forward to enable the charity to perform its activities and objectives for the public benefit in the years ahead.

Other

The charity has no debts and no funds held as a custodian trustee.

Charity Name No (if any) GIFT GROW GOOD 1202132 Receipts and payments accounts ts and payments accounts ayments accounts ments accounts CC16a

Receipts and payments accounts

For the period Period start date Period end date To from 01/03/2023 31/03/2024

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
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Restricted
funds
to the nearest £
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Endowment
funds
to the nearest £
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Total funds
to the nearest £
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Total funds
to the nearest £
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Last year
to the nearest £
NONE(NEW CHARITY) - -
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- -
Sub total(Gross income for
AR)
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A2 Asset and investment sales,
(see table).
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Sub total - -
Total receipts
A3 Payments
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NONE(NEW CHARITY) - -
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**Sub total ** - -
A4 Asset and investment
purchases, (see table)
NONE(NEWCHARITY) -
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
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- - - - -
- - - - -

CCXX R1 accounts (SS)

1

Section B Statement of assets and liabilities at the end of the period Unrestricted funds ¢C+ n¢aro•t£ Restricted funds Endowm8nt funds to n•arMtÉ Catsgorle8 D8ts11s to n88r08t£ B1 Cash funds NO CASH INEW CHARITY) Total ¢ash funds axounlls}} Unrestricted funds to neamt£ Restrlcted funds Endowment funds to ngarost£ Detalls NONE to nearest£ Fund to which a%5•t belon ¢o¥t{o￿o￿all Curr•nt ¥aluo tional Dètsll$ NONE INEW CHARITY) B3 Invèstment assets to whl¢h asset bolon Curr•rtt valuè onal Detslls NONE cmtlop￿Om*1j B4 Assèts relained for the charlty's own use Fufid to which rèlates Amount du• When duo o tional Details NONE B5 Llabilities Signed by on8 ortsvo trustees on beh81f of all thè tru8tges Signature Print Nam8 Date of rov81 12ts4J fvJfofyJ f108CJ CCXK R2 8¢¢0unts ISSI 23