Section C: Notes to the accounts Trustees’ annual report for the period
Period start date 31/05/2023
Charity name Elephant Charge UK
Period end date
31/12/2023
Charity No 1203341 (if any)
Objectives and Activities
| SORP reference |
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|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote for the benefit of the public the conservation protection and improvement of the physical and natural environment in Zambia by the provision of grants to organisations furthering the same object. To advance the education of the public in the conservation, protection and improvement of the physical and natural environment in Zambia by the provision of grants to organisations. |
| Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts. |
Para 1.17 and 1.19 |
The year to 31/12/2023 saw the founding of the charity as a CIO and registry with the Charity Commission. Fundraising was restricted to a few donations to meet initial administrative expenses, and one donation that was granted in full to associated charity Elephant Charge Zambia. The latter uses such grants to fulfil the purposes of the charity stated above. |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft |
Para 1.18 | The trustees have had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
f its und oard ority and |
||
|---|---|---|---|
| Policy on grant making | Para 1.38 | The primary purpose of Elephant Charge UK is to make grants in furtherance o charitable purposes. Such grants are overseen by the Trustee nominated as F Coordinator, who works closely with associated charity Elephant Charge Zambia’s B and Beneficiary Committe to identify and monitor grant recipients across the three pri areas of (1) Conservation through education, (2) Promotion of conservation leadership; (3) Community empowerment. |
|
| Policy on social investment including program related investment |
Para 1.38 | N/a | |
| Contribution made by volunteers | Para 1.38 | The Trustees of Elephant Charge UK are volunteers. During the year to 31/12/2023, no other individuals were engaged by the charity. |
|
| Other | N/a |
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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 benefciaries and any wider benefts to society as a whole. |
Para 1.20 | The year to 31/12/2023 saw the establishment of Elephant Charge UK, and its first, small contribution to its charitable purposes in Zambia. It looks forward to expanding its fundraising and grant-giving presence in 2024. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Achievements against objectives set | Para 1.41 | N/a |
| Performance of fundraising activities against objectives set |
Para 1.41 | N/a |
| Investment performance against objectives |
Para 1.41 | N/a |
| Other | N/a |
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Financial Review
| SORP reference |
||
|---|---|---|
| Review of the charity’s fnancial position at the end of the period |
Para 1.21 | The Charity is at an early stage in its development, but remains cash- positive. For more information, see Financial Report to end-2023. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | With no current operating costs, there is no need at present for cash reserves or a reserves policy. This will remain under review. |
| Amount of reserves held | Para 1.22 | N/a |
| Reasons for holding zero reserves | Para 1.22 | With no current operating costs, there is no need at present for cash reserves or a reserves policy. This will remain under review. |
| Details of fund materially in defcit | Para 1.24 | N/a |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | At any point the Charity will only distribute monies it has received. It does not anticipate any uncertainties as regards continuing as a going concern. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The principle source of the charity’s funds during the period was a single donation made in connection with Elephant Charge Zambia’s annual fundraising event. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/a |
| A description of the principal risks facing the charity |
Para 1.46 | N/a |
| Other | N/a |
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | The Charity is a CIO registered 31 May 2023, governed by a Constitution with voting members other than its Trustees. |
| How is the charity constituted? (e.gunincorporated association,CIO) |
Para 1.25 | CIO |
| 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 | Aside from one automatic ex-officio Trustee (the Chair of the Elephant Charge (Zambia) Committee), the Trustees of the Charity are appointed by annual election by the members of the CIO. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | All Trustees are expected to have existing experience and knowledge of the Zambian conservation space. |
| The charity’s organisational structure and any wider network with which the charityworks |
Para 1.51 | The Charity remains in close association with Elephant Charge Zambia, a Zambian non-for-profit that shares the same charitable objects. |
| Relationship with any related parties | Para 1.51 | N/a |
| Other | N/a |
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Reference and Administrative details
| Charity name | Elephant Charge UK |
|---|---|
| Other name the charity uses | N/a |
| Registered charity number | 1203341 |
| Charity’s principal address | 9 Arden Court Fentham Road Hampton-in-Arden SOLIHULL B92 0BH |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|
| Martin Clemensson | Trustee | Members of CIO | |
| Peter Castle | Trustee | Members of CIO | |
| Josephine Pope | Trustee | Members of CIO | |
| Edward Thorpe | Trustee | Members of CIO | |
| John Shields | Trustee | Members of CIO | |
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October 2016
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Reference and Administrative details (cont)
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 | ||
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Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/a |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/a |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/a |
Additional information (optional)
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 |
||
| N/a | ||
Name of chief executive or names of senior staff members (Optional information)
Martin Clemensson (Trustee) is Chairman of Elephant Charge UK
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/a
Other optional information
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N/a
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Declarations
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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) John Francis Gillies Shields
Position (eg Secretary,
Chair, etc) Secretary
Date 7 October 2024
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The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Charity Accounts templates – Trustees’ annual report for the period
October 2016
ELEPHANT CHARGE UK
ELEPHANT CHARGE UK
INTERIM REPORT For the period ending 31 December 2023
Registered Charity 1203341
ELEPHANT CHARGE UK
Charity Information
Trustees: Martin Clemensson (Chair) John Shields (Secretary) Edward Thorpe (Treasurer) Jo Pope Peter Castle Charity Number: 1203341 Registered Address: 9 Arden Court Fentham Road Hampton in Arden Solihull B92 0BH Banker: Metro Bank plc. One Southampton Row London WC1B 5HA
ELEPHANT CHARGE UK
Report of the Treasurer
For the period 31 May 2023 to 31 December 2023
The Treasurer presents his report for Elephant Charge UK (the ‘Charity’) for the period 31 May 2023 to 31 December 2023.
Principal Activity
The Charity was granted authorisation by the Charity Commission for England and Wales (the ‘Authority’) to act as a Registered Charity. The authorisation was granted effective from 31 May 2023. The Charity has been active in the period.
Review of Business
For the period ended 31 December 2023, the Charity registered surplus funds of £318.17.
Expenditure
All Charity expenditure has been fully accounted for in the period. Disbursements of restricted funds totalling £5,370.00 have been made to Elephant Charge Zambia in accordance with the Charity’s funding and expenditure policy.
Going Concern
The Charity shows surplus funds of £318.17 in the period. As the Charity is still very much in its infancy, the trustees foresee a significant increase in donations in the coming months. The Charity financial forecast for the next three years forms part of the Charity Strategy document.
Cash at Bank
The Charity bank account at Metro Bank had a balance of £4.82 at the end of the period. The Charity account held at Paypal had a balance of £313.35.
ELEPHANT CHARGE UK
Statement of Comprehensive Income
For the period ended 31 December 2023
| 31 December 2023 | ||
|---|---|---|
| £ | ||
| Administrative Expenses | (146) | |
| Disbursements to EC Zambia | (5,370) |
- |
| Income | 5,834 | |
| ____ | ||
| Surplus/Deficit | 318 | |
| Further Costs | - | |
| _____ | ||
| Surplus Funds | 318 | |
| _____ |
CASH AND CASH EQUIVALENTS
Cash and cash equivalents consist of cash in hand and balances with banks.
| 31 December 2023 | |
|---|---|
| £ | |
| Cash held at Metro | 5 |
| Cash held at Paypal | 313 |
| ______ | |
| 318 | |
| ______ |
ELEPHANT CHARGE UK
Profit and Loss Account (see note 1)
For the period 31 May 2023 to 31 December 2023
| £ | |
|---|---|
| Subscription Fees | (50) |
| Administrative Costs | (52) |
| Bank Charges | (44) |
| Disbursements EC Zambia | (5,370) |
| Income (see note 2) | 5,834 |
| _____ | |
| 318 | |
| =========== |
ELEPHANT CHARGE UK
Note 1
PROFIT AND LOSS
The categories are further explained below:
Subscription Fees Subscription to Fundraising Regulator Administrative Costs Postage Bank Charges The total of Metro and Paypal charges Disbursements EC Zambia Disbursements of restricted funds made to EC Zambia Income The total of all income from donations, grants and team fundraising
Note 2
INCOME
Income represents Charity income through donations, grants and team fundraising
31 December 2023 £ Donations 434 Team Fundraising 5,400 __ 5,834 __