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2024-02-29-accounts

Trustees’ Annual Report for the period

From 01/03/2023 Period start date To

29/02/2024 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 2 awards to
help students follow their dreams to achieve
qualifications that might start their careers in
journalism. The courses undertaken were:
•X1 Broadcast Journalism, City University of
London
•X1 NCTJ Diploma in Multimedia Journalism, News
Associates

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 £27,739 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
£90,441. 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
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10
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18
19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
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) ~~Mesmem~~ Michelle Stanistreet ~~f a~~ Position (eg Secretary, Trustee Chair, etc) Date 25/11/2024

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|||| |---|---|---| |Charity Name|No (if any)| |George Viner Memorial Fund Trust|328142| |Receipts and payments accounts|CC16a| |Period start|Period end| |For the period| |To| |from|01/03/2023d|29/02/2024d|

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Section A Receipts and payments

Unrestricte Restricte Endowment Total funds Last year d funds d funds funds

to the nearest to the to the nearest £[to the nearest ] to the nearest £ £ nearest £ £

A1 Receipts

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||||||| |---|---|---|---|---|---| |esee|DonationsNUJ contributions|Rs|25,8291,910|- - 1,910 1,250 - - 25,829 12,500|es| |Bank interest|162|- - 162 76| |po| |- - - -| |ee| |- - - - -| |po| |- - - - -| |po| |- - - - -| |Sub total|(Gross income for| |AR)|[ 27,901 - - 27,901 13,826 ]| |A2 Asset and investment| |sales, (see table).| |- - - -| |- - - - -| |Sub total|- - - - -|

----- End of picture text -----

Total receipts 27,901 - - 27,901 13,826

A3 Payments

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |po|Administrative expenses|60|- - 60 75| |po|Expenses of meetings|0|- - - -| |po|Awards|10,800|- - 10,800 12,500| |ee|Printing/Stationery|es|0|- - - -| |Owed to NUJ|9,943 - - 9,943 -| |as|- - - - -|es|es|ee|ee| |po| |- - - - -| |a|CO| |- - - - -| |pO| |- - - - -| |ee| |Sub total|[ 20,803 - - 20,803 12,575 ]| |es|ee|ee|ee|eee| |A4 Asset and investment| |purchases,|(see table)|

----- End of picture text -----

- - - -

- - - -
**Sub total ** - - - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
20,803 - - 20,803 12,575
7,098
-		 - 7,098 1,251
-
-		 - - -
83,344
-		 - 83,344 82,093
90,441
-		 - 90,441 83,344
Section B Statement of assets and liabilities at the end of the per Section B Statement of assets and liabilities at the end of the per Section B Statement of assets and liabilities at the end of the per Section B Statement of assets and liabilities at the end of the per Section B Statement of assets and liabilities at the end of the per
Categories
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
Details
Cash at CAF Bank 90,442 - -
- - -
- - -
Total cash funds 90,442
 - -
OK
OK
OK
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
Details
(agree balances with receipts and
payments account(s))
- - -
- - -
- - -
- - -
- - -
- - -
Fund to which
asset belongs
Cost
(optional)
Current value
(optional)
Details
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- -
- -
- -
- -
Fund to which
asset belongs
Cost
(optional)
Current value
(optional)
Details
- -
- -
- -
- -
- -
- -
- -

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

- -
- -
Fund to which
liability relates
Amount due
(optional)
When due
(optional)
Details
~~——~~		 - -
- -
Fund to which
liability relates
Amount due
(optional)
When due
(optional)
Details
~~——~~		 - -
- -
Fund to which
liability relates
Amount due
(optional)
When due
(optional)
Details
~~——~~		 - -
- -
Fund to which
liability relates
Amount due
(optional)
When due
(optional)
Details
~~——~~
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-
-
-
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Signature Print Name Date of
approval
Michelle Stanistreet 25/11/2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GEORGE VINER MEMORIAL FUND TRUST

I report to the charity trustees on my examination of the accounts of the George Viner Memorial Fund Trust for the year ended 29 February 2024.

Responsibilities and basis of report

As the Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011{the Act) 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 carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I 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 examiner's statement.

Independent examiner's statement

I have completed my examination and confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.Accounting records with respect to the Trust, were not kept as required by section 130 of the Act; or,

  1. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any

requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Jackie Clark Head of Finance and Membership National Union of Journalists

25/11/2024