TATEPA Limited (TATEPA.tz) 2003 Annual Report

first_imgTATEPA Limited (TATEPA.tz) listed on the Dar es Salaam Stock Exchange under the Agri-industrial sector has released it’s 2003 annual report.For more information about TATEPA Limited (TATEPA.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the TATEPA Limited (TATEPA.tz) company page on AfricanFinancials.Document: TATEPA Limited (TATEPA.tz)  2003 annual report.Company ProfileTanzania Tea Packers Limited (TATEPA) is an agricultural holding company involved in growing, processing, blending, packing and selling tea in Tanzania and for international export. The company also has interests in growing and distributing avocadoes and tropical fruit. Tatepa Limited holds a 75% stake in Wakulima Tea Company Limited which grows, processes and sells tea for local and export markets; a 74.3% stake in Rungwe Avocado Company Limited which grows, packs and exports avocadoes; and a 54.4% stake in Freshfields Investments Limited. Other subsidiary companies include Kibena Tea Limited which grows and processes tea and Chai Bora Limited which blends, packages and markets packed tea in Tanzania and for international export. TATEPA Limited is listed on the Dar es Salam Stock Exchangelast_img read more

3 wealth-destroying investing mistakes I’d avoid

first_img Our 6 ‘Best Buys Now’ Shares Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. See all posts by Kevin Godbold 3 wealth-destroying investing mistakes I’d avoid “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img If you invest in the shares of individual companies, I reckon it’s important to keep a close eye on them. Single-company shares have the potential to outperform the general market indices, but they can also underperform.And I think one of the most important ingredients of successful investing is to protect your portfolio from big drawdowns if you can. “Don’t lose money,” Warren Buffett urges us. And one way of guarding against big losses is to sell shares when you realise you’ve made a mistake.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Warren Buffett did that with his investment in Tesco a few years back. The share price moved against him and he realised he’d lost his confidence in the firm’s management. So he sold his entire holding for a loss of millions. But his loss could have been larger still if he’d held on to the declining shares.Well-known British investor Lord John Lee told us he’d introduced a stop-loss rule to his strategy in recent times, set at about 20%. If he buys a share and it moves the wrong way, he’ll cut the loss at 20% or so and acknowledge that he made an error. And investor/traders such as Mark Minervini have been banging the drum for years about their strict stop-loss strategies.Here are three wealth-destroying investing mistakes I’m determined to avoid in 2020 and beyond.1. Not cutting lossesIt’s always tempting to hold onto shares after we’ve bought them even when they start to slide. One of the big fears is they may turn around and shoot back up as soon as we sell out.But not stopping a loss by selling can sometimes have big financial consequences. For example, Pharos Energy has looked good on paper to many investors for a long time, but the shares have declined by more than 90% over the past six years.Cutting the loss early would have been a good idea in the case of Pharos Energy. And because we can’t tell which shares will recover and which ones will continue to plunge, for me, the best idea is to always cut losses.2. Averaging downSome investors buy more shares in a company if the price moves against them. But if you do that you are really betting that the shares will rise again based on your own assessment of the fundamentals and prospects for the business.Consider this, though. You’ve already completed a purchase based on your opinion and have been proven ‘wrong’. If you repeat the process you could be wrong again and end up increasing your losses. I reckon the safest approach for me is to never average down on a losing share.3. Catching falling knivesInvesting in falling share prices – or falling knives as many have become known – usually involves taking a contrarian view about a company experiencing difficulties of some kind. But such an approach means you’re hoping for an operational recovery in the underlying business. And it’s easy to be wrong in your assessment, so I’d avoid these types of situations altogether. Kevin Godbold | Monday, 17th February, 2020 Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

BIG Designs New Apartment Building in Stockholm

first_imgCopyAbout this officeBIGOfficeFollowProductWood#TagsProjectsUnbuilt ProjectResidential ArchitectureHousingStockholmSwedenPublished on October 06, 2015Cite: Karissa Rosenfield. “BIG Designs New Apartment Building in Stockholm” 06 Oct 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisCopper Alloy: Nordic BronzeBathroomsGeberitBathroom Series – ONESkylightsLAMILUXGlass Skylight F100 CircularMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassAluminium CompositesAmerican MetalcraftAluminum Panels – Decorative Fencing for BridgesPanels / Prefabricated AssembliesULMA Architectural SolutionsWater Facade PanelDoorsLinvisibileLinvisibile Concealed Sliding Door | MareaWall / Ceiling LightsiGuzziniExterior Light – WalkyWoodPlycoWood Boards – Birch LaserplyMore products »Read commentsSave想阅读文章的中文版本吗?BIG事务所设计的斯德哥尔摩综合住宅项目是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Save this picture!© Oscar PropertiesNews via BIG, Oscar Properties, DezeenProject gallerySee allShow lessEducational Park Zenufaná / FP arquitecturaSelected ProjectsSt. Georges / Randy Bens ArchitectSelected Projects Share BIG Designs New Apartment Building in Stockholm ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774875/big-designs-new-apartment-building-in-stockholm Clipboard BIG Designs New Apartment Building in StockholmSave this projectSaveBIG Designs New Apartment Building in Stockholm ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774875/big-designs-new-apartment-building-in-stockholm Clipboard Save this picture!© Oscar PropertiesWritten by Karissa Rosenfield Sharecenter_img Sweden Housing “COPY” “COPY” CopyOscar Properties has unveiled a collaborative project with BIG that will bring 140 new apartments to Stockholm’s Gärdesfältet area. The project, 79 & Park will be comprised of a mountainous stack of prefabricated wood-clad units that are designed to “harmonize” with the neighboring Royal National City Park. Lush terraces, connecting to units that range from one to six bedrooms, aim to soften the “boundary” between park and building.Save this picture!© Oscar PropertiesThe plan calls for four rectangular sections stacked around a central courtyard and grounded by commercial space. Similar to BIG’s 8 House, the terraces cascade down, making room for rooftop foliage and private balconies. Projectslast_img read more

Black Ridge House / Neil Dusheiko Architects

first_img Area:  130 m² Year Completion year of this architecture project Projects Photographs Houses CopyAbout this officeNeil Dusheiko ArchitectsOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationGreater LondonUnited KingdomPublished on June 19, 2018Cite: “Black Ridge House / Neil Dusheiko Architects” 19 Jun 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodWood Siding in KSR Villa BodrumRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisCopper Surface: Nordic DécorWindowsAir-LuxSliding Window – CorneringWoodBruagRoom Acoustics – Interior Cladding PanelsSinksBradley Corporation USASinks – Frequency® FL-SeriesMetal PanelsTrimoInternal Walls – Trimoterm, Qbiss OneGlassSolarluxWintergarden – SDL Akzent plusSystems / Prefabricated PanelsInvestwoodCement Bonded Particle Board – VirocPaintKEIMMineral Paint in Hunters Point LibraryCabinetsburgbadMid-Height Cabinet – EssentoSignage / Display SystemsGlasbau HahnMuseum Display CasesMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Black Ridge House / Neil Dusheiko Architects Save this picture!© Tim Crocker+ 32Curated by María Francisca González Share Manufacturers: Buster and Punch, Concreations, Goodfellow, Kebony, Mr. Resistor, Stovax, Alco Glass, Capitol Designer Studio, Exterior Decking Solutions, MG Joinery, Pentagon Tiles, Portman Lancasters Home & Garden, Jeremy Hindmarsh ArchDaily Black Ridge House / Neil Dusheiko ArchitectsSave this projectSaveBlack Ridge House / Neil Dusheiko Architects Architects: Neil Dusheiko Architects Area Area of this architecture project 2017 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/896487/black-ridge-house-neil-dusheiko-architects Clipboard CopyHouses, Renovation•Greater London, United Kingdom Photographs:  Tim Crocker Manufacturers Brands with products used in this architecture project “COPY” “COPY” Engineer:Momentum EngineersParty Wall:Marc NewtonCity:Greater LondonCountry:United KingdomMore SpecsLess SpecsSave this picture!© Tim CrockerRecommended ProductsWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsLibartVertical Retracting Doors & WindowsWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40WoodParklex International S.L.Wood cladding – FacadeText description provided by the architects. The Black Ridge House is an extension to an existing three-bedroom Victorian terraced house that is part of the Warner Estate in Walthamstow. The existing homes built in that period were made one-room-deep and south-facing towards the street, creating a neglected connection to the north-facing garden to the rear. The clients’ ambition for the project was to completely re-energize the house by radically remodeling it to suit their lifestyle for open plan living and create a greater connection to the garden, which was designed by our client, a drummer turned landscape designer.   Save this picture!Proposed Ground Floor PlanSave this picture!© Tim CrockerThe design approach was to retain the existing size and proportions of the existing domestic spaces but create a large open plan area towards the rear of the house where we combined kitchen, dining and living in a single space. By pitching the roof forms up into the center and lowering it at the edges a sense of spatial hierarchy was created giving a focus to the edges as well as creating a dining space with a tall ceiling. There is a new master bedroom and skylight bathroom in the first-floor rear extension and a green sedum roof blanket so that when looking out the windows, the view is onto green space. Most of the objects in the house where made in collaboration with our client and our team of joiners and metalworkers, such as the oak-clad kitchen, steel-crafted media unit in the living room or the sliding door of salvaged timber from an old floor. Save this picture!Proposed Section AThe home incorporates many energy-saving features including a high degree of insulation, underfloor heating in the extension, LED lighting, extensive skylights and highly insulated doubled glazed metal windows. The design of the extension was inspired by the roof lines and rhythm of the early Warner houses. The overall design embraces the philosophy of Biophilic design principles, addressing our innate attraction to nature and natural processes. By constructing the extension out of a natural product [timber] whose surface is formed by a  natural process [fire]–we celebrate nature. The design also includes ideas of wabi-sabi – a worldview that is based on the acceptance of transience and imperfection. Beauty is seen as being “imperfect, impermanent and incomplete.”Save this picture!© Tim CrockerThe Shou Sugi Ban technique of burning is used on wood with differing age, water, and sap content and the results are not always controlled – this process allows for a richness of texture, color, and grain which is at once beautiful and spontaneous. Thinner timber cladding panel on the first floor and a charred black Shou Sugi Ban Kebony modified wood cladding panel with a wide format on the ground floor breaks up the massing and differentiates between the two levels giving a different sense of scale and detail. Save this picture!Proposed Sections B and CThe kitchen island utilizes a live edge on the countertop giving a sense of a hand-crafted approach to the kitchen within a modern interior. As well as natural oak for the worktop and cupboard doors. The sliding timber door was made from reclaimed timber panels, paired with exposed black steel track further creates a modern industrial feel. We should also mention the use of concrete on the project – which is present in the precast kitchen worktops and the cantilevered bathroom basin which gives a sense of solidity to these objects. Save this picture!© Tim CrockerProject gallerySee allShow less”Mnemonics”: The Romania Pavilion at the 2018 Venice BiennaleArchitecture NewsBUKKEKJERKA / MORFEUS arkitekterSelected Projects Share Garden Design: Contractor: TBS Tutka Ltd ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/896487/black-ridge-house-neil-dusheiko-architects Clipboard United Kingdom Year: last_img read more

Giving Nation winner gives half her winnings to charity

first_imgSchools taking part in G-Week have the opportunity to enter the G-Nation Awards, entries for which will close mid-July. Pupils can win £1,000 for their school and/or an visit to a Save the Children charity project in India.Liz took part in online competition, ‘Are you a Giver or a Taker?’, whichposed a moral dilemma to young people: “If you were given £500, what would you do with it?”. It offered a £500 prize as an motivator to get involved.Only 16% of the 8,000 young people surveyed online voted to keep it all with the most common response to give at least £200 away. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 July 2004 | News Giving Nation winner gives half her winnings to charity Sixteen year-old Liz Frith from Sheffield has won Giving Nation’s online charity competition ‘Are you a Giver or a Taker?’ She chose to keep half of the £500 and give the rest of it to charity.Liz’s name was picked at random from the most popular answer of the competition. She chose to donate half of the winnings to Cancer Research UK and the NSPCC.The competition winner was announced at the launch of Giving Nation’s main activity, G-Week, which has seen hundreds of schools taking part all week to celebrate their charity activities, from sponsored skips to talent competitions and dunk the teacher games. Advertisementcenter_img  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Giving/Philanthropy Recruitment / people Volunteering About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Sue Ryder launches Gift Aid for donated goods

first_imgIn the original trial we sent out 800 letters to donors and only three came back saying they wanted their money, said Hodges. In fact we had more phone calls saying what a good idea it was and that people were pleased to see we were making the most of our resources.The scheme was tested in 18 shops in Kent and East Sussex and is now being rolled out to all Sue Ryder Care shops.Hodges said he was glad the charity had managed to come to an agreement with HMRC and had come up with wording and systems that satisfied HMRC’s requirements.He said he hoped this would lead the way for other charities to be able to claim Gift Aid on donated goods. It’s not just for large charities, he said. This could represent a significant bit of free income for groups of hospice shops for example.The Institute of Fundraising has been following the development of Gift Aid systems and director of policy and campaigns Megan Pacey said she had checked with HMRC that the Sue Ryder scheme complied with all their requirements because lots of people have tried to do this before but it hasn’t worked. You need to make sure you have dotted all the Is and crossed all the Ts.. Anyone else who wishes to develop such a scheme must make sure they have explicit approval from HMRC, she said. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 29 November 2006 | News Sue Ryder launches Gift Aid for donated goods About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img Tagged with: Trading Sue Ryder Care has launched a ground-breaking scheme to claim Gift Aid on goods donated and sold in its shops. After a long trial process and consultations with Her Majesty’s Revenue and Customs (HMRC) approval has finally been given for the scheme.Director of retail at Sue Ryder Alan Hodges said that it had been a long and complicated process, but that the charity now believed it had set up a workable system that was acceptable to all parties. When people bring donations into any of Sue Ryder’s 400 shops they are asked if they would like to Gift Aid the proceeds. If they agree, they are asked to fill in a form with their name and address and sign an agreement to donate. The form states that they may decide to keep the money rather than donate it to Sue Ryder Care if they change their minds. The charity then acts on behalf of the donor to sell the goods. A tracking system keeps tabs on the items and once they are sold, a letter to the donor is automatically generated explaining how much has been raised. The donor then agrees to donate the money to the charity, or in a small number of cases to keep it. Advertisement  27 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

NPC research highlights charity & public sector vulnerability to Covid-19 crisis

first_imgNPC research highlights charity & public sector vulnerability to Covid-19 crisis  538 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Tagged with: COVID-19 research  537 total views,  2 views today Charities and public services are more vulnerable to Covid-19 crisis than is currently understood, according to research by charity think tank NPC.The NPC research found that the majority of charities with public sector contracts cross subsidise those contracts with other funds, such as donations from the public.54% of the charities NPC surveyed delivered public sector contracts and 59% of these said they are cross subsidising that contract with money from other sources such as fundraising. And, it found, as fundraising, trading, or investment income fall – with NCVO reporting charities are set to lose more than £4bn over 12 weeks as a result of the coronavirus outbreak – charities will not be able to afford to cross subsidise these contracts.This, the research suggests, may mean they are unable to deliver them, and vital services fail, or government funding is placed under more pressure as it has to find a short notice new provider.The early headline results come from NPC’s State of the Sector 2020 report and have been released to help funders and charities understand the underlying challenges in the charity sector, and help shape how government and funders target their support to charities.Other findings include:Charity leaders reported doing more in almost every area than 2017 and so may have been spread thinly when the crisis hit. For example, in 2017 83% of charities said they were delivering services or products. In 2019/20 this rose to 89%Less than half (47%) of charities believed that independent funders offered the flexible core funding which NPC expects will be vital to keeping them afloat in the crisisCharities’ confidence on their ability to use digital technology has dropped by 11 percentage points to 59% from 70% since 2017. This may leave them struggling to shift services online to reach isolated people during quarantine and social isolationNPC CEO Dan Corry said:“Charities are mobilising to help thousands of people across the country but they are also crying out for more help and support. Their income is collapsing just as people’s need to use them starts to grow. Our research reveals some underlying problems in the sector, which the crisis will undoubtedly exacerbate. The response both from policymakers and the sector to the crisis needs to take this pre-existing weaknesses into account, and make sure issues like the lack of core funding, the weaknesses on using digital technology and the cross subsidy of contracts are not overlooked, or we could see charities fail and thousands of vulnerable people put at risk.” Advertisement The research was funded by PwC, Barrow Cadbury Trust, Lloyds Bank Foundation and Odgers Berndtson. Melanie May | 24 March 2020 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1last_img read more

High Court dismisses case against Kids Company founder & trustees

first_img  340 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. “As the former trustees of Kids Company, we welcome Mrs Justice Falk’s judgment in the High Court clearing us of the charge by the Official Receiver that, in our management of Kids Company, we were unfit to be company directors, concluding that she was ‘wholly satisfied’ that the disqualification was unproven and unwarranted.“Mrs Justice Falk said that the purpose of her jurisdiction is to protect the public and went on to say: “The public need no protection from these Trustees. On the contrary, this is a group of highly impressive and dedicated individuals who selflessly gave enormous amounts of their time to what was clearly a highly challenging trusteeship. I have a great deal of respect for the care and commitment they showed and the fact that they did not take the much easier path of not getting involved in the first place or walking away when things got difficult.”Kids Company was forced to close in August 2015 following what the judge records as “unfounded allegations” of child abuse, which made fund-raising from private and government sources impossible.“We are pleased that finally the facts have been gathered and assessed in a court of law, and that Mrs Justice Falk has exonerated both the former trustees and Kids Company CEO, Camila Batmanghelidjh.”Bates Wells advised five of the former trustees. The firm commented:“We are delighted with the total vindication of our clients by this judgment. The Court has rightly found that they acted responsibly and would be a credit to the board of any charity. They are “highly impressive and dedicated individuals” whose good work has been recognised and reputations preserved.“By contrast, the Official Receiver’s conduct and ill-conceived claim have been harshly exposed.“It is shocking that a case with profound implications for the charity sector should have been brought on such flimsy grounds, wasting millions of pounds of taxpayers’ money and causing years of unnecessary anguish to the defendants. Dedicated service by charity trustees must never again be repaid by such gross injustice.“We hope that this victory will ease anxiety in the charity sector and that good people will not be deterred from serving as charity trustees.”Law firm Maurice Turnor Gardner LLP, which represented one of the former trustees, welcomed Mrs Justice Falk’s judgment, with Jennifer Emms, MTG Partner Elect who led the legal team, saying:“Of course there will be enormous relief from the defendants and other charities, that after a careful and detailed 10 week trial, the judgment gives a clear ruling on the single point about the sustainability of the charity’s business model.“There was never any allegation of dishonesty; or inappropriate spending or behaviour towards any beneficiaries. For this reason one might question if it was appropriate for such an onerous case to be brought in the first place against volunteer trustees who acted for the charity in their spare time and were entirely unpaid.   Running a charity is not easy. The trustees of this charity, like many others, had to make difficult decisions. Thankfully, the judge could see that the trustees brought a wealth of experience and good judgment to the board and acted reasonably throughout.”Also commenting on the judgment, Rosalind Oakley, Chief Executive of the Association of Chairs said:“We are concerned that despite the trustees being cleared, the publicity surrounding this case may still deter people from joining trustee boards or for boards themselves to become excessively risk averse.“Kids Company was in many ways an atypical charity with an unusual funding model. Nonetheless, in our view, the case offers important lessons for good governance and board practice. We will be studying the judgment and discussing the implications with our members.”ICSA: The Chartered Governance Institute also welcomed the verdict, and highlighted that the 221-page verdict contained important lessons for all those involved in the governance of charities, underscoring the importance of good governance: of effective oversight, training, assurance and risk management.Peter Swabey, Policy and Research Director at the Institute commented:“The decision to throw out disqualification measures is probably a happier outcome for the sector as a whole as it doesn’t challenge the underlying principles of trusteeship. But, charities do need to be alert to charges of de facto directors for CEOs.“If a charity believes an executive trustee would enable the charity to better deliver its charitable objects then the pros and cons should be clearly laid out by the governance professional, along with workable arrangements to ensure that the organisation adopts the approach which is best suited to achieving its objects. This should be regularly reviewed and changed if it isn’t delivering. “Having clear, robust and effective governance arrangements in place is a well-practiced way of limiting the risks of the CEO (or another) being seen as a de facto director, such as having formal, approved minutes of meetings, clear processes of decision making and delegation to the CEO and others and having regular board meetings without the CEO (or other person) present. Importantly, it also means having skilled, independently minded trustees (who are fully informed of their legal duties and liabilities) and have had adequate induction and training. “We would encourage large charities to undertake an external board review and publicly report key findings and actions. We would also encourage charities to follow the Charity Governance Code as this would be the quickest way of raising governance standards. Additionally, charities of a certain size and complexity should appoint a suitably qualified and experienced governance professional to lead on governance.”  Melanie May | 15 February 2021 | Newscenter_img Camilla Batmanghelidjh, the founder and former CEO of Kids Company, and the charity’s former trustees saw the case brought against them dismissed in the High Court last week, following a 10-week trial.Kids Company went into insolvent liquidation in 2015, with the Official Receiver seeking to disqualify the defendants from acting as directors or being involved in the management of a company, arguing that they were ‘unfit to be concerned in the management of a company”.However, last week’s ruling cleared Camila Batmanghelidjh and the seven others (Alan Yentob, Richard Handover, Francesca Robinson, Jane Tyler, Andrew Webster, Erica Bolton, Vincent O’Brien) of personal wrongdoing.The Official Receiver had alleged that the defendants had caused or allowed the charity to operate an unsustainable business model. They alleged that the charity’s business model had been unsustainable without material change from 2013, and that by the end of November 2014 failure was “inevitable without immediate material change”, and that the defendants knew or ought to have known this.In her ruling Mrs Justice Falk said that it was important to note that:“There was no allegation of dishonesty, bad faith, inappropriate personal gain or any other want of probity against any of the defendants. It is also important to note that there was no allegation of inappropriate expenditure in respect of any of the individual children or young people assisted by Kids Company.”Mrs Justice Falk said that the allegation was not made out against any of the directors, and they were not unfit, and that in the case of Camila Batmanghelidjh, it did not find that she had been a de facto director at time, and that therefore it was not necessary to decide whether she was unfit, But, had this decision had to be made, a disqualification order would not have been made against her.The court found that while aspects of Kids Company’s operating model were high risk, it was not “unsustainable” in principle. The charity had experienced significant cash flow difficulties during the period in question with costs accrued broadly evenly over the year, but income from donations heavily seasonal so increasing the risk of cash flow problems. Discussion had been held on how to change its funding model to enable it to scale up to meet demand for its services, with the charity recognising that it could not continue to do this under the existing funding model and a plan agreed with the government.The charity however was forced to close in 2015 following sexual assault allegations. Kids Company was exonerated following a police investigation, but by then it was too late. Mrs Justice Falk’s decision concludes that, if it had not been for the unfounded allegations, it is more likely than not that the restructuring would have succeeded and the charity would have survived.In a statement, the Kids Company former trustees said: Advertisement High Court dismisses case against Kids Company founder & trustees Tagged with: Law / policylast_img read more

Fort Worth’s top 5 coffee spots

first_imgEatzi’s to replace Chilli’s at University Park Village + posts printCoffee– It’s the world’s second most valuable traded commodity.Every day, nearly 2.5 billion cups are consumed around the world, 400 million of those being consumed in the United States alone.And with the help of today’s social media culture, it seems coffee consumption has become not just a necessary part of the day, but a trendy and photo-ready experience as well. Unlike corporate chains, “hipster” coffee shops offer caffeine-enthusiasts a quality cup of Joe with a more authentic feel.Starbucks, move over– Here are the top 5 coffee spots in the Fort Worth area for all your aesthetic needs:1.Buon GiornoIf you’ve ever wondered what if felt like to enjoy authentic coffee in an Italian café, Buon Giorno all but books your plane ticket. Owners David and Leyna said that they were first inspired by the European coffee house tradition of human connection; something that many places lack in our age of social networking and fast-paced technology. Buon Giorno offers a smaller, sit-down style café with romantic music, friendly staff, and a menu inspired by the rich Italian culture.Most popular items: Tuscan Orange and Roma Bianca lattes; Almond Croissant.Where: 915, Florence St, Fort Worth, TX 76102Hours: Monday – Friday, 6:30 a.m. – 9 p.m.; Saturday, 7 a.m. – 10 p.m.; Sunday, 8 a.m. – 8 p.m.Phone: 817-698-9998 Company Quote: “No man is an island, entire of itself; Every man is a piece of the continent, a part of the main.” -John Donne2. Craftwork Coffee Co.This café is so focused on crafting new and innovative drinks that they included it in their name. Every four months, Craftwork creates a brand new menu of drinks, said the company’s co-owner, Collin Sansom. This, paired with their earthy and intimate atmosphere, makes Craftwork a great location to experience new tastes and get some work done too. Daily study rooms are available for booking online.Most popular items: Items always changingWhere: 4731 Camp Bowie Blvd, Fort Worth, TX 76107Hours: Monday – Friday, 6:30 a.m. – 6:30 p.m.; Saturday – Sunday, 7:30 a.m. – 6:30 p.m.Phone: 817-737-4169Company Quote: “A space tailored to you.”3. BREWEDWhether you’re looking for a sit-down restaurant or an intimate café, Brewed somehow offers both. For those dining in, this eatery is most famous for their brunch and chef-inspired seasonal dishes, including beers and wines. If you’re there to write the next great American novel, however, Brewed also provides quieter seating with a diverse menu of unique caffeinated drinks and smaller snacks. With friendly staff, artistic decor, and old school music, Brewed is a hipster dream that keeps on giving.Most popular items: Candy Bar Latte; The GrasshopperWhere: 801 W Magnolia Ave, Fort Worth, TX 76104Hours: Tuesday – Wednesday, 8 a.m. – 10 p.m.; Thursday, 8 a.m. – 11 p.m.; Friday 8 a.m. – 12 a.m.; Saturday 9 a.m. – 12 a.m.; Sunday – 9 a.m. – 2:30 p.m.Happy Hour: Tuesday – Friday 3:00 – 6:00 p.m.Phone: 817-945-15454. CasablancaLike the 1942 film, Casablanca Coffee is classic, romantic, and secretive. Unlike the other four on the list, this coffee shop is purposely hidden away to add to its undercover mystique. It’s also the smallest, making it perfect for grabbing one of their famous lattes for your morning commute.Most popular item: Casablanca LatteWhere: 215 W 8th St, Fort Worth, TexasHours: Monday – Thursday 7:00 a.m. – 3:00 p.m.; Friday 7:00 a.m. -1:00 p.m.; Weekends closedPhone: 817-862-71495. Avoca Coffee RoastersAt Avoca, brewing coffee is an art form. Owners Garold LaRue and Jimmy Story first created the establishment in 2011 as a way to bring high-quality coffee to locals, by locals. They also provide a spacious, industrial-style seating area for customers to work on homework or meet with friends. With art-decorated walls and intricate designs perfected on each latte, Avoca is the place to snap a photo with your drink and enjoy it too.Most popular item: The LatteWhere: 835 Foch St Fort Worth, TX 76106Hours: 7:00 a.m. – 10:00 p.m.Phone: 682-233-0957 Facebook Danielle Johnstonhttps://www.tcu360.com/author/danielle-johnston/ ReddIt Fort Worth’s top 5 coffee spots Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Linkedin Danielle Johnstonhttps://www.tcu360.com/author/danielle-johnston/ Facebook Linkedin Danielle Johnstonhttps://www.tcu360.com/author/danielle-johnston/ Danielle Johnstonhttps://www.tcu360.com/author/danielle-johnston/ Danielle Johnston ReddIt Twitter Twitter Abortion access threatened as restrictive bills make their way through Texas Legislature Previous articleUnpaid internships: history, insight and TCU students’ storiesNext articleHorned Frogs to attend Presidential Inauguration Danielle Johnston RELATED ARTICLESMORE FROM AUTHOR Eatzi’s to replace Chilli’s at University Park Village Four best Christmas tree farms in the Fort Worth area Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

Alumna uses liberal arts education to create magical meals

first_imgprintWith national trends of decreased enrollment in liberal arts over recent years, the dean of TCU’s AddRan College of Liberal Arts insisted there are advantages that go beyond a person’s first job. “[There are] benefits that come from having a broad-based educational background that enables you to do a lot of things,” Dean Andrew Schoolmaster said. “I’d like to think that we’re getting our students ready to be active in jobs that have not been created yet, and I think a lot of those jobs are being fueled by liberal arts majors.”Katie-Rose Watson, a 2011 TCU liberal arts graduate, decided to do just that.Three years after Watson graduated, she created The Rose Table, a food and lifestyle website that focuses on original recipes, party menus, farm to table cuisine and more.  The Rose Table has over 12,500 readers and is gaining national attention for the “Disney Dinner Party series” that she is hosting this year.As a lifelong Disney fan and cooking enthusiast, Watson decided to create something that satisfied her love for delicacies and Disney — the results are her Disney Dinners.”The Grey Stuff” Venngage Infographics“I actually took four or five fairy tale courses at TCU,” Watson said. “At the time, my dad said it was a waste of tuition dollars.”Following national trends, enrollment in TCU’s AddRan College of Liberal Arts has decreased in recent years. Within the past school year, the percent breakdown shows the college is seeing fewer students enrolled with each passing semester. In a generation where one of the main motivators to choosing a major is based on future employability, many students find themselves being drawn toward degrees that can promise security post-graduation.“There’s a national [decline], and I think it was impacted by 2008, 2009 and the recession,” Schoolmaster said. “Many people are very concerned with what can I do with this versus what am I learning.”He said this decrease stems from people not recognizing all that can be achieved under this major.“I’ve always loved the depth and the breadth of learning and the knowledge that we cover in the liberal arts,” Schoolmaster said. “The liberal arts are ultimately a benefit.” Watson’s creations have been featured on various local news stations and websites, but her Disney Dinners are helping her gain national attention. Her video series has more than 50,000 views — a number she is hoping to double with these dinners.Watson said she ensures that her Liberal Arts degree is being put to good use through her creative cultivations. She said that even though she works as a publicist, the fairy tale courses she took at TCU has an immense relevance to what she does today. The Rose Table’s MenuVenngage Infographics“Disney is such a global phenomenon and if you google Disney Dinners there is really nothing else like this,” Watson said. “It is just a fun theme, so I try to add just a little magic to my day-to-day life.” Twitter Previous articleHoroscope: April 15, 2018Next articleStudent tells story of his life through one-man show Grace Amiss RELATED ARTICLESMORE FROM AUTHOR Linkedin Grace Amisshttps://www.tcu360.com/author/grace-amiss/ Grace Amiss is a senior journalism major and managing editor for TCU360. When she is not reporting she is most likely raving about her golden retriever or taking a spin class. Grace is currently writing about student life at TCU, so feel free to drop her a line if you come across a story you feel is worth sharing! Welcome TCU Class of 2025 + posts Twitter Facebook Facebook Grace Amisshttps://www.tcu360.com/author/grace-amiss/ ReddIt Grace Amisshttps://www.tcu360.com/author/grace-amiss/center_img TAGSDisneyliberal arts TCU places second in the National Student Advertising Competition, the highest in school history Revamped enrollment process confuses some students Language barriers remain in TCU’s alert system TCU cancels offer to trade tickets for canned food Grace Amiss ReddIt Flu activity remains high in Texas Grace Amisshttps://www.tcu360.com/author/grace-amiss/ Linkedin Photo courtesy of Katie-Rose Watson World Oceans Day shines spotlight on marine plastic pollution last_img read more