The Graham Kirkham Foundation- (limited by guarantee) Trustees, report and financial statements Re8lstered charlty number 1002390 Registered company number 02573955 For the year ended 31 July 2024
The Graham Kirkham Foundation Year ended 31 July 2024 Contents Trustees, annual report Statement of Trustees, responsibilities in respect of the Trustees, Report and the Financidl 5tatement5 Independent Examinerfs report to the Trustees of The Graham Kirkham Foundation {limited by guarantee) Statement of financial activities {incorporating an Income and Expenditure Account) Balance Sheet Notes to the flnanclal statements 9-13
The Graham Kirkham Foundation Year ended 31 July 2024 Trustees, annual report The trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report and the financial statements for the year ended 31 July 2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and 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 IFRS102) {updated l January 20191. Objectives, activlties and achievements The objective of the charity is to advance any charitable purpose for the benefit of the public as the trustees may see fit. The main objectives are: the promotion or development of the study and/or appreciation of literature, art, music or science; the advancement of education of persons at any age and the advancement of physical education of young people at school or university; the relief of poverty and hardship by providing financial assistance and accommodation for affected persons and their dependants and relatives; the relief of illness and disease by providing treatment, financial assistance and accommodation. The charity also supports research into treatment and prevention of illness,. the relief of the suffering of birds and animals through the support of rescue homes, hospitals, sanctuaries and other similar organisations; the relief of poverty and hardship and promotion of the well-being of persons connected to the armed services; the provision of support and protection to those dependent upon or in danger of becoming dependent on drugs,. to provide, in the interests of social welfare, facilities for public recreation; to protect and preserrfe buildings of architectural interest of sites of h istorical interest or natural beauty. The objects are achieved through the awarding of grants to charities, voluntary organisations and individuals whose object5 and activities a re in line with those of the Foundation. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objective5 a nd in pla nning future activities. Financial review Lord Kirkham made donations totalling £150,000 (2023 Lord Kirkham: £225,000). During the year, the charity has contributed a total of £184.327 {2023.' £250,305) toward5 Worthy causes. All contributions are made by way of cheque or bank transfer. The largest donation was given to The Duke of Edinburgh's Award, receiving £50,000. Firefly Cancer Awareness & Support received £30,000. Penguins against cancer received £25,000, Figure Ensemble Ltd and The Unicorn Theatre both received £20,000 each.
The Graham Kirkham Foundation Year ended 31 July 2024 Trustees, annual report (continued) Other significant donations were made to Dementia UK who received £10,000, The Friendly Band who received £10,000 and St John International receiving £10,000 also. Lord Kirkham is Vice President of the Kennel Club which received £3,327 and President Ex Off icio of the Friendly Band which received £10,000. Reserves policy The Foundation's policy is to distribute its reserves to causes deemed worthy by the trustees when the opportunity arises. Free reserves of £59,142 (2023.. £56,103) are held and will be distributed to worthy causes when suitable grant applications are approved. Investment policy Free reserves are held as cash to enable the Charity to access its reserves to fulf il grant a pplications once approved. Grant making policy The trustees consider each application and make awards to applicants in line with the objectives of the Charity. Risk assessment On an informal basis the Trustees have considered the risks to which the charity is exposed and they believe they have established proced ures to mitigate significant risks. Plans for the future perlods The trustees plan to contlnue to contribute towards worthy causes and consider applications as they arise. Structure, governance and management Trustees serving during the year are as follows: Lord G Kirkham Lady P Kirkham M Kirkham The trustee retiring by rotation is Lord Kirkham who, being eligible, offers himself for re-election. Trustees meet as and when required to discuss and agree upon grant application5.
The Graham Kirkham Foundation Year ended 31 July 2024 Trustees, annual report (continued) New Trustees are appointed by the board of trustees and hold office until the next annual general meeting when they become eligible for re-election. At the general meeting the number nearest one-third of the trustees shall retire and may offer themselves for re-election. The trustees have no interest in shares or rights to subscribe for share5 which require disclosure under companies, legislation. In accordance with the Companies Act 2006, the charitable company is exempt from the requirements of the act to include 'Limited" as part of its name. The company is limited by guarantee and was Incorporated on 15 January 1991 under company number 02573955. It has been granted charitable status under the Charities Act under registration number 1002390. The Charity is governed by its Memorandum and Articles of Association. The Graham Kirkham Foundation is an independent registered charity and is administered by staff working for Black Diamond Investments LP. In the event of the company belng wound up, the liability of each of the members shall be for a sum not exceeding £1.
The Graham Kirkham Foundation Year ended 31 July 2024 Trustees, annual report (continued) Legal and administrative information The full name of the charity is The Graham Kirkham Foundation {'the Foundation'l. Registered Office 8 Ebor Court Redhou5e Interchange Adwick - le Street Doncaster South Yorkshire DN6 7FE Bankers The Royal Bank of Scotland 12 High Street Doncaster South Yorkshire DNI IED Reqistered Charlty Number 1002390 Independent Examlner Karen Hanlan, ACA I Saracen Close Ettington Warwickshire CV37 7SZ Registered Company Number 02573955 Trustees & Dirertors Lord G Kirkham Lady P Kirkham M Kirkham By order of the board The Lord Kirkham KCVO th 17 March 2025 Trustee
The Graham Kirkham Foundation Year ended 31 July 2024 Trustees, responsibilities statement The trustees (who are also director5 of The Graham Kirkham Foundation for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject to any material departure5 d isclosed a nd explained in the financial statements,. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant information of which the charitable company's Independent Examiner is unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the Independent Examiner is aware of that information.
The Graham Kirkham Foundation Year ended 31 July 2024 Independent Examiner's Report to the Trustees of The Graharn Kirkham Foundation I report to the charity trustees on my examination of the financial statements of the charitable company I'the Company'l for the year ended 31 July 2024 which are set out on pages 7 to 13. Responslbilitles and basis of report As the charitls trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20061'the 2006 Act). Having satisfied myself that the financial statement5 of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent Examlnerfs statement I have completed my examlnatlon. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accountin8 records were not kept in respect of the Company as required by section 386 of the 2006 Act; or the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act otherthan the requirement that the financial statements give a 'true and fairf view which is not a matter considered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Karen Hanlan, ACA I Saracen Close, Ettington, Warwickshire, CV37 7SZ
The Graham Kirkham Foundation Year ended 31 July 2024 Statement of financial activities (incorporating an Income and Expenditure Account) For the year ended 31 July 2024 Notes Unrestricted funds 2024 2023 Income: Donations & legacies Donations Gifts in kind Gift Aid tax rebate Investment income 150,000 1,000 37,500 681 225,000 1,000 56,250 283 Total income 189,181 282,533 Expenditure Charitable activitles Grants Support and governan costs (184,327) 1250,3051 (1,815) 11,914) Total expenditure (186,142) (252,219) Net income and net movement In fund5 3,039 30,314 Reconclllatlon of funds Totsl funds brought forward 56,103 25,789 Total funds carried forward 59,142 56,103 The net income for the year and resulting net movement in funds arise from continuing operations. The charitable company has no recognised gains or losses other than net movements in funds for the year.
The Graham Kirkham Foundation Year ended 31 July 2024 Balance sheet For the yeor ended 31 July 2024 Notes 2024 2023 Current assets Debtors Cash at bank and in hand 13.529 46,388 59,917 11,056 45,822 56,878 Current Ilabilltles Creditors due within one year (775) (775) Net current assets 59,142 56,103 Net As*ts 59,142 56,103 The funds of the Charity: Unrestricted funds 59,142 56,103 The accompanying accounting policies and notes form part of these flnancial statements. For the year ending 31 July 2024 the company was entStled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dlrectorsltrustees responsibilities: The members have not required the charitsble company to obtsln an audit of Its accounts for the year in question in accordantr with sectlon 476 of the Companies Act 2006, howeier, in accordantr with sectlon 145 of the Charities Act 2011 the accounts have been examined by an Independent examiner whose report appears on page 6. The directors/trustees acknowledge their responsibilities for complying with the requirements of the Act with spect to accounting records and the preparation of accounts. These accounts have bn ppared In accordance with the provisions appllcable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees on 17th March 2025 and signed on its behalf by: The Lord Klrkham KCVO Trustee Registered company number 02573955
The Graham Kirkham Foundation Year ended 31 July 2024 Notes to the financial statements Iforming part of thefinancial statements) l Accounting policies Basis of accountlng 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 Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 (updated l January 2019) - (Charities SORP {FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. In preparing these financial statements Update Bulletin I to the Charities SORP IFRS1021 has been adopted and consequently a Statement of Cash flows has not been prepared. The Graham Kirkham Foundation meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy note. Status of the company The charitable company is limited by guarantee and does not have share capital. The liability of members Is limited to £1 per member. Going Concern statement The financial statements have been prepared on a going concern basis which assumes that the charity will continue to operate. The validity of this assumption is dependent upon the continuance of support from the charity's key donor. The charity makes grants to organisations only to the extent that funds are available to it and makes no commitment to beneficiaries about future grants. Furthermore overheads and running costs are limited and Trustees always ensure funds are available to meet the charity's obligations when making decisions on future grant5. Based on this understanding the director trustees believe that it remains appropriate to prepare the financial statement5 on a going concern basis. The financial Statements do not include any adjustments which would result from the basis of preparation being inappropriate. Income All income is recognised in the Statement of Financial Activities when the charitable company is legally entitled, ultimate receipt is probable and the amount can be quantified with reasonable accuracy. Income relating to future periods, as a result of donor imposed conditions specifying the time period, has been treated as deferred income. Donations include recoverable income tax.
The Graham Kirkham Foundation Year ended 31 July 2024 Notes to the financial statements (continued) Gifts in kind are included at valuation and recognised as income when the services to which they relate have been provided. Donated facilities and services provided are included at the value to the charity where this can be quantified, and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers. Expenditure Grants payable are charged in the financial statements when the trustees have resolved to make a grant and are accrued as lia bilities when the awarding of a grant has created a valid expectation of its fulfilment in the mind of a beneficiary. Governance and support costs, Including irrecoverable VAT, are charged to the financial statements as incurred. Funds All funds are unrestricted and thus availabSe for expendin8 at the discretion of the Trustees in line with the objects of the Charity. Taxation As a registered charity no provision is considered necessary for taxation. Cash and cash equlvalents Cash and cash equivalents include cash at bank and In hand and short-term deposits repayable on or within a three month notice period. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Creditors Creditors are recognised where the charity ha5 a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. io
The Graham Kirkham Foundation Year ended 31 July 2024 Notes to the financial statements (continued) 3 Investment income 2024 2023 Bank interest 681 283 Grants Grants payable in 2024 comprise the following donations to organisations: Or ani5atlon The Duke of Edinburgh's Award Firefly Cancer Awareness & Support Penguins Against Cancer Figure Ensemble Ltd The Unicorn Theatre Dementia UK The Friendly Band St John Internationa I Arafest The Kennel Club Charitable Trust Sprotbrough Music Society Great North Air Ambulance Service Nature of Charitable Activit Education Healthcare Healthcare Culture Culture Healthcare Culture Healthcare Healthcare Welfare Culture Healthcare 50,000 30,000 25,000 20,000 20,000 io,ocJJ 10,000 10,000 5,000 3,327 750 250 184,327 2023: anisation The Duke of Edinburgh's Award The Harris Primary Academy The Worshipful Company of Furniture Makers Charitable Fund Iceland Foods Cha rita ble Fou ndation Penguins Against Cancer The Kennel Club Charitable Trust The Friendly Band Royal Aero Club Suicide & Co Outward Bound Trust Arafest Saints & Sinners Golf Day North of England Dalmation Charity Sprotbrough Music Society Nature of Charitable Activit Education Education Welfare 75,000 50,000 26,999 Welfare Healthcare Welfare Culture Culture Healthcare Education Healthcare Welfare Welfare Culture 25,0(K) 20,000 11,056 10,000 10,000 5,000 5,000 5,000 4,000 2,500 750 250,305 li
The Graham Kirkham Foundation Year ended 31 July 2024 Notes to the f inancial statements (continued) 5 Support & governance costs 2024 2023 Postage & printing Bank charges Professional fees Black Diamond Administration fees-Gift in Kind Independent Examiners fee 22 15 io 13 114 1,000 1,000 775 775 1,815 1,914 The charlty Is administered by staff working for Black Diamond Investments LP. Costs of admlnistration of the charity of £1,000 were paid by a gift in kind awarded by Black Diamond Investments, a Limited Partnership registered under the Limited Partnership Act 1907. Lord Kirkham is a Limited Partner of Black Diamond Investments. Support and governance cost5 include £775 {2023.' £775) relating to fees payable to the Independent Examiner. 6 Staff numbers and costs The Charity has no employees and incurs no payroll costs. 7 Trustees, emoluments and related party transactions Trustees received no remuneration nor were reimbursed any expenses during the year (2023.. £Nil). Charitable donations were made to certain related parties in the year as follows: Lord Kirkham is President Ex Officio of the Friendly Band which received £10,000 {2023.'£10,0001 Lord Kirkham is Vice President of the Kennel Club which received E3,327 (2023.-£11,056) Lord Kirkham tnade donations totallin8 £150,000 (2023.. 225,0(101 during the year. 12
The Graham Kirkham Foundation Year ended 31 July 2024 Notes to the financial statements (continued) 8 Debtors 2024 2023 Other debtors 13,529 11,056 9 Credltors 2024 2022 Accruals 775 775 13