It is my privilege to present the London Taxidrivers’ Charity for Children Report for the year ending October 31st 2014.
I am very grateful to the Fund’s trustees for taking time to provide me with their ongoing support in respect of my role as Honorary Treasurer, despite the challenges faced over the past year. I have also been inspired over the time since the last AGM by their relentless dedication in continuing to make their respective contribution to the charity.
The Fund has maintained reserves to enable continued support for many disadvantaged children of Greater London. General administration expenses have been kept down once again to less than 0.5% of generated income, allowing nearly every penny of income being spent on improving the quality of life for those in need. Nearly £4000 was granted during the year including supporting the children of taxi drivers who have been unable to work. The cost of the Grosvenor House Mad Hatters children’s party at over £11000 has included two years hire of the Great Room, and the annual outing to Southend-on-Sea was slightly less than last year’s expenditure.
Because of the generosity of donations and sponsoring made by many benefactors, the Fund was able to recover most of these outlays giving hundreds of disadvantaged children many great memories of the year’s events. Adding two new members to the Fund for this year is fantastic news.