## **THE ARK** 

**Trustees’ Annual Report and Accounts Financial Year End: 1 May 2024** 

**Charity Registration Number:** 1205514 (Charity Commission Register Entry) 

## **1. Trustees’ Annual Report** 

## **A. Reference and Administrative Details** 

- **Charity Name:** The Ark 

- **Charity Registration Number:** 1205514 

- **Registered Address:** 5 Coldhams Place, Cambridge, CB13HE 

- **Trustees:** 

   - Narjiss Fathi 

- Eymen Kaya 

- **Chair:** Samir Abdalla 

## **B. Structure, Governance, and Management** 

## **Governing Document** 

The Ark is governed by a Constitution adopted on 1/11/2023. The document sets out the rules for trustee appointment, charitable objectives, and operational oversight. 

## **Appointment of Trustees** 

Trustees are appointed in accordance with the governing document’s provisions. They are responsible for the overall management and strategic direction of The Ark. 

## **C. Objectives and Activities** 

1. **Objectives (from Governing Document)** 

   - The Ark’s main charitable objective is to support education, ultimately aiming to establish and sustain a school or associated educational programs. 

2. **Activities During the Period** 

      - **Legal Preparations** : Obtained professional advice to ensure compliance with legal requirements. 

      - **Branding/Logo** : Commissioned a logo and basic design to establish brand identity. 

      - **IT Setup** : Developed or began developing a website to share information and attract future donors. 



## **D. Achievements and Performance** 

## 1. **Key Achievements** 

   - Successfully registered as a charity with the Charity Commission (Number: 1205514). 

   - Created initial branding assets (logo, design). 

   - Pursued professional legal support to lay a compliant foundation. 

2. **Challenges** 

   - Received no external funding during this reporting period. 

   - All costs were covered personally by trustees. 

## **E. Financial Review** 

## 1. **Policy on Reserves** 

   - The Ark holds no reserves at present, as there has been no incoming revenue. 

2. **Review of the Year** 

   - **Income** : £0 

   - **Expenditure** : £1,988.00 (details below), fully funded by trustees. 

3. **Going Concern** 

Despite limited funds, the trustees remain committed to continuing operations and seeking donations or grants to further the charity’s objectives. 

## **F. Statement of Trustees’ Responsibilities** 

The trustees are responsible for: 

- Maintaining proper accounting records that reflect The Ark’s transactions accurately; 

- Preparing financial statements in accordance with relevant regulations and best practices; 

- Safeguarding the charity’s assets and ensuring they are applied in line with its objectives. 

## **G. Approval of the Annual Report** 

This report was approved by the board of trustees on [Date] and signed on its behalf by: 

```
_________________________________
Samir Abdalla
Chair of the Board of Trustees
Date: 1/04/2025
```



## **2. Receipts and Payments Accounts** 

## **A. Statement of Receipts and Payments for the Period Ended [Date]** 

**Receipts £** Donations/Grants 0.00 Other Income 0.00 **Total Receipts 0.00** 

(No external funding was received in this period.) 

|**Payments**|**£**|
|---|---|
|Legal/Professional Fees|1,500.00|
|IT (e.g., Website, Hosting)|238.00|
|Logo & Design|250.00|
|**Total Payments**|**1,988.00**|



## **B. Statement of Balances** 

- **Cash at Bank/Hand (Start of Period):** £0.00 

- **Plus: Total Receipts:** £0.00 

- **Less: Total Payments:** £(1,988.00) 

- **Cash at Bank/Hand (End of Period):** £(1,988.00)* 

*This negative figure indicates out-of-pocket spending by trustees. If no reimbursement is sought, you may treat it as a trustee donation-in-kind or note it as a debt owed to the trustees if they plan to be reimbursed later. 

## **C. Notes to the Accounts** 

1. **Basis of Accounting** 

   - The Ark’s accounts are prepared on a receipts and payments basis, in line with Charity Commission guidance for smaller charities. 

2. **Related Party Transactions** Trustees personally covered all expenses during the period, totaling £1,988.00. No reimbursements were made. 

3. **Fund Balances** 

All funds are unrestricted. There are no restricted or designated funds at this time. 

## **D. Approval of the Accounts** 

These accounts were approved by the board of trustees on [Date] and signed on its behalf by: 

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```
_________________________________
Samir Abdalla
Chair of the Board of Trustees
```



Date.. 01/04/2025