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35,970 claims
The trust does not invest in pharmaceutical companies due to their involvement in animal research.
There are no specific restrictions on the trustees' investment powers. The trustees' have decided to impose restrictions of their own, on the fund managers as listed in the investment policy.
Financial · Policy statement · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 5
The trustees meet biannually to review the policies and objectives of the trust.
There are no specific restrictions imposed on the trustees by the governing document, concerning the way the charity can operate.
Operational · Procedural statement · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 4
The trustees have delegated management of the investment portfolio to professional fund managers.
The operation of the investment portfolio has been delegated to the Investment Managers with whom there is a discretionary agreement.
Operational · Procedural statement · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 5
The trust's investment policy is to maximise income generation while maintaining the capital value in real terms.
The charity's investment objectives are to maximise income generation so far as possible whilst maintaining the trust's capital value in real terms.
Financial · Policy statement · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 5
The trust aims to distribute a large percentage of the income, net of expenses, each year.
The trustees aim to distribute a large percentage of the income, net of expenses, in each financial year.
Financial · Policy statement · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 5
The trust's overall fund balances increased from £244,321 in 2023 to £306,096 in 2024.
The charitable trust's overall fund balances for the year total £306,096 compared with £244,321 for 2023.
Financial · Observational claim · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 5
The trust's investment portfolio was valued at £285,183 as of December 31, 2024.
As at the 31st December 2024, the portfolio was valued at £285,183.
Financial · Observational claim · From The Simon Rivett-Carnac Trust — annual report and accounts, year ending 31 December 2024, page 4
There was no single ultimate controlling party of Hope Trust Cardiff according to the trustees' opinion.
In the opinion of the trustees there is no single ultimate controlling party of the charity
Governance · Policy statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 22
Hope Trust Cardiff is exempt from taxation as it is a registered charity.
The company is a registered charity and is, therefore, exempt from taxation.
Financial · Policy statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 22
Hope Trust Cardiff received £2,160 from Glenwood Church as a donation in the financial year ending March 2025.
During the year invoices were raised by Glenwood Church to Hope Trust Cardiff of £2,355 (2023: £1,246) and by Hope Trust Cardiff to Glenwood Church of £1,629 (2024: £Nil). Further, during the year Glenwood made donations to Hope Trust Cardiff of £2,160 (2024: £2,160).
Financial · Funding statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 22
The charity's unrestricted income funds are available for use at the trustees' discretion.
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Financial · Policy statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 17
The financial statements comply with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable in October 2019.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) in October 2019, the Charities Act 2011 and the UK Generally Accepted Accounting Practice.
Financial · Policy statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 17
Hope Trust Cardiff is a charitable incorporated organisation registered in England and Wales.
Hope Trust Cardiff is a charitable incorporated organisation registered in England and Wales, number 1161235.
Governance · Policy statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 16
The Junction received a grant from the Anchor Foundation to cover salaries of staff and external supervision costs.
This year we were the recipient of a grant from the Anchor Foundation which enabled us to continue to pay salaries of staff and cover external supervision costs required for safe and ethical practices, this was vital in allowing us to remain active and functioning.
Financial · Funding statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 8
Hope Trust Cardiff relies on support from Glenwood Faith Community, voluntary contributions, and funding applications.
HOPE Cardiff ClO relies on support from Glenwood Faith Community, voluntary contributions and funding applications.
Financial · Funding statement · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 5
Hope Trust Cardiff operates three main projects: Going Public, The Junction, and Tavs.
We currently operate as three main projects: Going Public supports youth mental health and wellbeing. The Junction which independently runs support for any form of baby loss or crisis pregnancy. Tavs which aims to engage, support and empower people in Cardiff addressing issues arising from homelessness, addiction and promoting mental health awareness and/or isolation.
Service · Observational claim · From Hope Trust Cardiff Charitable Incorporated Organisation — annual report and accounts, year ending 31 March 2025, page 4
The charity's financial statements indicate that utility costs remained flat compared to the previous year.
Utility costs : Energy costs remained flat compared to the previous year. Ongoing improvements in energy efficiency measures, including a major roof refurbishment inclusive of the installation of roof insulation to current building standards, will have a positive impact into the next financial year.
Financial · Observational claim · From The Port Men in Sheds — annual report and accounts, year ending 31 March 2025, page 22
The charity's financial statements show a surplus of £24,541 for the year ending March 31, 2025.
Current Year Surplus: Unrestricted/restricted: 2,420 22,121 24,541 (3,798)
Financial · Observational claim · From The Port Men in Sheds — annual report and accounts, year ending 31 March 2025, page 20
The charity has a policy to maintain a £10,000 contingency reserve.
To help mitigate the risk of significant asset impairment the trustees attempt to maintain a £10,000 contingency reserve (currently £7,000 at year end) and are taking actions to increase self-sustainability of the charity’s operations through increased internally generated income.
Financial · Policy statement · From The Port Men in Sheds — annual report and accounts, year ending 31 March 2025, page 21
The charity's financial statements have been approved by the Board of Trustees.
These accounting statements consisting of: Statement of Financial Transactions Balance Sheet Additional Notes to Accounts represent a true and fair view of the financial affairs of the charity ‘The Port Men in Sheds, Reg: 1191097’ for the period 1st April 2024 to 31 st March 2025.
Governance · Procedural statement · From The Port Men in Sheds — annual report and accounts, year ending 31 March 2025, page 18