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2024-03-31-accounts

TRUSTEES’ ANNUAL REPORT

ANGEL HAIR AND BEAUTY FOUNDATION Charity Number: 1203536

For the year 1 April 2023 to 31 March 2024

1. Reference and Administrative Details

Charity Name: Angel Hair and Beauty Foundation Charity Structure: Charitable Incorporated Organisation (CIO) Registered Charity Number: 1203536

Registered Address:

18 Mottingham Road London N9 8DY

Trustees during the year:

2. Structure, Governance and Management

Angel Hair and Beauty Foundation is a Charitable Incorporated Organisation governed by its constitution. The trustees are responsible for ensuring the charity meets its objectives and complies with Charity Commission requirements.

The charity does not employ staff and is run entirely by volunteers and trustees.

3. Objectives and Public Benefit Statement

The charity’s objects are:

The trustees confirm they have considered the Charity Commission’s guidance on public benefit when planning activities.

4. Activities and Achievements in the Year

During the 2023–2024 period, the charity delivered the following work:

1. Financial Support for Learners

The charity contributed £8,000 towards the course fees of approximately 10 learners who otherwise could not afford vocational training in hair, beauty or aesthetics. This directly supported young people in gaining employable skills and accessing career pathways.

2. Free Haircuts and Beauty Treatments

The charity provided more than:

These were offered to individuals from low-income households, vulnerable groups and members of the community needing wellbeing support.

3. Community Fundraising Event

A fundraising event hosted at the academy raised £700 .

This also increased local awareness of the charity’s mission.

4. Community Engagement and Wellbeing

The charity supported the community through:

5. Financial Review

Total Income: £9,700

Total Expenditure: £8,600

Net Surplus: £1,100

Funds brought forward: £0

Funds carried forward: £1,100

All funds were held in cash in the charity safe.

The trustees intend to open an official charity bank account to support future financial management and grant applications.

6. Reserves Policy

The charity aims to maintain a small level of unrestricted reserves to ensure its work can continue sustainably.

7. Plans for the Future

The charity intends to:

Approved by the Trustees on: 24 November 2025 Signed on behalf of the Board: Saniye Ucku — Chair

RECEIPTS & PAYMENTS ACCOUNTS

RECEIPTS & PAYMENTS ACCOUNTS
ANGEL HAIR AND BEAUTY FOUNDATION
Charity Number: 1203536
For the year ended 31 March 2024
Receipts (Income)
Income Category Amount
Donations from trustees/family/academy £9,000
Fundraising event income £700
Total Receipts £9,700
Payments (Expenditure)
Expenditure Category Amount
Course fee subsidies £8,000
Materials for free treatments £100
Fundraising event expenses £500
Total Payments £8,600
Net Movement
Amount
Surplus for the year £1,100
Funds brought forward £0
Funds carried forward £1,100

Cash Funds

All funds were held as cash in the charity safe at year end.