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Period start date: 01.09.24 Charity Name: South West Opportunities Fund (SWOF)
Period end date: 31.08.25 Charity Number: 1203860
Objectives and Activities
| Objectves and Actvites | Objectves and Actvites | Objectves and Actvites | Objectves and Actvites | |
|---|---|---|---|---|
| SORP reference |
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| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | For the public beneft to promote the educaton of people in South West England in such ways as the charity trustees think ft, including by: a) providing or assistng in the provision of facilites (not required to be provided by the local educaton authority) for educaton at schools, and; b) the provision of grants, items, services and facilites for such charitable purpose or purposes as the trustees may in their absolute discreton maysee ft. |
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| Summary of the main actvites in relaton to those purposes for the public beneft, in partcular, the actvites, projects or services identfed in the accounts. |
Para 1.17 and 1.19 |
The charity will look to atract philanthropic donatons to support improved educatonal outcomes and life chances for children and young people across the South West through work which supports lives of choice and opportunity. SWOF will work in partnership with other key partners in the community to contribute to the development of environments, within which our young people can thrive. |
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| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission on public beneft |
Para 1.18 | The trustees confrm that they have had due regard to the guidance issued by the Charity Commission on public beneft. In partcular, the trustees have ensured that the charity's actvites are carried out for the public beneft and align with the charity's objectves. The trustees have reviewed the guidance and are satsfed that the charity meets the public beneft requirements as set out bythe CharityCommission. |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
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|---|---|---|
| Policyongrant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contributon made byvolunteers | Para 1.38 | |
| Other | ||
| Achievements and Performance | ||
| SORP reference |
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| Summary of the main achievements of the charity, identfying the diference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | This fnancial year the Board have contnued to focus on confrming strategic directon and priorites for the Charity. This will then feed into developing a grant making policy. Fundraising actvites resumed in May 26. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
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| Achievements against objectves set | Para 1.41 | |
| Performance of fundraising actvites against objectves set |
Para 1.41 |
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| Investment performance against objectves |
Para 1.41 | |
| Other | ||
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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| SORP reference |
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| Review of the charity’s fnancial positon at the end of the period |
Para 1.21 | Only costs incurred to date are bank charges. No fund-raising actvites took place during this fnancial period whilst the strategic directon of the charitywas considered. |
| Statement explaining the policy for holding reserves statng why they are held |
Para 1.22 | A policy is not currently in place as no reserves are held. A policy will be in place before reserves are generated. |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves | Para 1.22 | No fund-raising actvites took place during this fnancial period. |
| Details of fund materially in defcit | Para 1.24 | 0 |
| Explanaton of any uncertaintes about the charity contnuing as a going concern |
Para 1.23 | There is no uncertainty about the charity’s ability to contnue as a going concern fnancially. Further discussions are ongoing with regard to capacity of those involved and the future of the SWOF. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
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| The charity’s principal sources of funds(includinganyfundraising) |
Para 1.47 | |
| Investment policy and objectves including any social investment policyadopted |
Para 1.46 | |
| A descripton of the principal risks facingthe charity |
Para 1.46 | |
| Other |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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| Descripton of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type ofgoverningdocument | Para 1.25 | CIO Foundaton Consttuton |
| How is the charityconsttuted? | Para 1.25 | CIO Foundaton Consttuton |
| Trustee selecton methods including details of any consttutonal provisions e.g. electon to post or name of any person or body enttled to appoint one or more trustees |
Para 1.25 | New Trustee to be appointed by the Trustees as per the consttutonal document June 26. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
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| Policies and procedures adopted for the inducton and training of trustees |
Para 1.51 | |
| The charity’s organisatonal structure and any wider network with which the charity works |
Para 1.51 | |
| Relatonship with any related partes | Para 1.51 | The Charity is associated with Ted Wragg Mult- Academy Trust. The Trustees are also employees or Trustees/Governors of the Mult-Academy Trust. As the work of the SWOF grows, the trustee group will be expanded to include representatves from other community groups to ensure independence. |
| Other |
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| Reference and Administra | tve details | |
| Charity name | South West Opportunites Fund | |
| Other name the charity uses | SWOF | |
| Registered charity number | 1203860 |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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| Charity’s principal address | |
|---|---|
| SWOF c/o Ted Wragg Trust Great Moor House Bitern Road Sowton Industrial Estate EXETER EX2 7NL |
Names of the charity trustees who manage the charity
| Trustee name | Ofce (if any) | Dates acted if not for whole year |
Name of person (or body) enttled to appoint trustee (if any) |
|---|---|---|---|
| Siobhan Meredith | Chair | ||
| James Manwell Frampton | Trustee | ||
| Susan Jane Pym | Trustee | 05.07.23-08.06.26 | |
| Richard Stevens | Trustee | 08.06.26 onwards | SWOF Trust Board |
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 |
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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Funds held as custodian trustees on behalf of others
| Funds held as custodian trustees on behalf of others | Funds held as custodian trustees on behalf of others | Funds held as custodian trustees on behalf of others | |
|---|---|---|---|
| Descripton 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 segregaton of such assets from the charity’s own assets |
N/A |
Additional information (optional)
The policies of Ted Wragg Multi-Academy Trust are used by the Charity whilst the charity is in development. The creation of standalone charity policies will form part of the charity action plan which is currently under development.
The Charity has only recently been constituted and the strategic direction and fund strategy are at present being considered by the trustees.
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details – N/A
Other optional information
Charity Accounts templates – Trustees’ annual report for the period
October 2016
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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): Siobhan Meredith
Chair Position: Date: 15.06.26
Charity Accounts templates – Trustees’ annual report for the period
October 2016
| South | West Opportunity Fund | West Opportunity Fund | 1203860 | ||
|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||||
| For | the period from |
01/09/2024 | To | 31/08/2025 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - |
Unrestricted funds to the nearest £ - - - - - - - - - |
Restricted funds to the nearest £ 800 - - - - - - 800 - - - 800 102 - - - - - - - - 102 - - - 102 698 - 59 757 |
Endowment funds to the nearest £ |
Total funds to the nearest £ 800 - - - - - - - 800 - - - 800 102 - - - - - - - - 102 - - - 102 698 |
Total funds to the nearest £ 800 - - - - - - - 800 - - - 800 102 - - - - - - - - 102 - - - 102 698 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|
| Donation | - | - - - - - - - - - |
800 | - | |||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| Sub total(Gross income for AR) |
- | 800 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | - - - |
- | |||||
| - | - | - | - | ||||
| Sub total | - | - | - | - | |||
| Total receipts A3 Payments |
- - - - - - - - - - - - - - - - - - - |
||||||
| - | 800 | - | |||||
| Bank Account Fees | - | - - - - - - - - - - |
102 | - | |||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| - | - | - | |||||
| **Sub total ** | - | 102 | - | ||||
| A4 Asset and investment purchases, (see table) |
|||||||
| - | - - - |
- | |||||
| - | - | ||||||
| **Sub total ** | - | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| - | 102 | - | |||||
| - | 698 | - | 698 |
- | |||
| - | - | - - |
- | - | |||
| - | 59 | 59 | - | ||||
| - | 757 | - | 757 | - |
CCXX R1 accounts (SS)
26/06/2026
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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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Lloyds Bank Account Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ - 757 - - - - - 757 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 Siobhan Meredith |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Siobhan Meredith | 22/06/2026 | ||
CCXX R2 accounts (SS)
26/06/2026
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