2022-02-28-accounts

Trustees’ Annual Report for the period

From 01/03/2021 Period start date To

28/02/2022 Period end date

Charity name: George Viner Memorial Fund Trust

Charity registration number: 328142

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Our aim is to promote and assist with the education and training of young students from black, Asian and ethnic minorities, living in the UK, who are working towards a career injournalism.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Our charity aims to make a practical difference by assisting students from ethnic backgrounds who need that first break to get into the industry. We offer financial assistance towards recognised journalism courses and wherever possible we provide mentors who are experienced journalists to support the scholars throughout their course. The trustees and administrator provide a duty of care to the George Viner Memorial Fund, using their personal skills and experience to ensure the charityoperates efficiently.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees are committed to continuing to ensure that the primary objective of the George Viner Memorial Fund Trust is to provide journalistic course bursaries to Black, Asian and Ethnic Minority students, from the general public, wishing to undertake a career in journalism.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

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 beneficiaries and any wider benefits to society as a whole.	Para 1.20	During this period the trustees made 1 award to help students follow their dreams to achieve qualifications that might start their careers in journalism. The course1 undertaken was: •X1 MA Newspaper Journalism at City, University of London

Additional information (optional)

You may choose to include further statements where relevant about:

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

Financial Review

Financial Review
Review of the charity’s financial position at the end ofthe period	Para 1.21	The charity received an income of £33,236.08 through donations.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity’s income is donation based. Whilst it is recognised that it is unlikely that this will change, in order to ensure the charity’s longevity, the trustees work on the basis that holding reserves, gives a level of security to the charity’s finances, where income mayvaryfromtime to time.
Amount of reserves held	Para 1.22	At the end of the financial period, the charity held £81,764.58 in its account. The charity has no overhead costs, consequently, the charity continues to operate on low reserves.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
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

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed,royalcharter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
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	Elected by trustees from former George Viner Scholars for a five-year term and can serve more than one term.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Four of the trustees are experienced journalists who are active members of the National Union of Journalists (NUJ). Michelle Stanistreet is also the NUJ General Secretary and member of the Federation of Entertainment Unions (FEU).
Relationship with any related parties	Para 1.51	The Charity is supported by the NUJ who make regular contributions and Donations. The trustees work closely with their journalistic contacts to arrange mentoring for the scholars to assist them throughout their studies.
Other

Reference and Administrative details

Charityname	George Viner Memorial Fund Trust
Other name the charityuses
Registered charitynumber	328142
Charity’s principal address	Headland House, 72 Acton Street, London, WC1X 9NB

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Jim Boumelha	Chair	Since 1994	Trustees
	Carole Plaster	N/A	Since 1995	Trustees
	Cara Simpson	N/A	Since 2008	Trustees
	Michelle Stanistreet	N/A	Since 2011	Trustees
	Saadeya Shamsuddin	N/A	Since 2017	Trustees

– 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 wholeyear
N/A

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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) Position (eg Secretary, Chair, etc) Date
	Michelle Stanistreet
	Trustee
	13thDecember 2022

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INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEES OFTHE GEORGE VINER MEMORIAL FUND TrUST I report to the charlty trustee5 on my examination of the accounts of the George Viner Memorlal Fund Trust for the year ended 28 February 2022. Res onslbllltles and bas15 of re A5 the Trustee5 of the Trust you are responsible for the preparation of the account5 in accordance with the requirements of the Charities Act 2011lthe Acll and you have chosen to prepare a receipts and payments account. You are satisfied that the accounts are not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the accounts. I have carried out my examination under section 145 of the Act. In carryin8 Out my examination I have followed the Directions glven by the Charlty Commisslon under section 14515llbl of the Act. An Independent examinatlon does not involve gatherlng all the evSdence that would be requlred Sn an audit and con5equentty does not cover all the matters that an audltor considers In giving their opinSon on the accounts. The plannln8 and condurt of an audit goes beyond the limited assurance that an independent examination can provlde. Consequently l express no opinion as to whether the accounts present a 'true and fair view, and my report Is limited to those Specific matters set out in the independent examinerfs statement. Ind¢ endent examlnerfs statement I have completed my examination and conflrm that no matters have come to my attention in onr)ection with the examination 8ivin8 me cause to belleve: l.Accounting records Wlth respect to the Trust, were not kept as required by section 130 of the Act; or. 2.the accounts do not accord with those records,. or 3. the accounts do not comply with the appllcable requirements concerning the form and content of accounts set out in the Charltle5 (Accounts and Reports) Regulations 2(KJ8 other than any requirement that the accounts give a 'true and falr vlew. which is not a matter consldered as part of an independent examination. S conflrm that there are no other matters to which your attentlon should be drawn to enable a proper understandin8 of the accounts to be reached. Jackie Clark Head of Finance and Membership National Union of Journalists 1311212022