REGISTERED CII,IRITI' NL.IIBER: 10159.18 Report of the Trustees and Unaudlted Financial Statements for the Year Ended 30 April 2024 for THE BLAKEMORE FOUNDATION Laneastcr Haskins Limited Granville House 2 Tettenhall Road Wolverhampton West Midlands WVI 4SB
TIIE BL..IKEIIORE FULND.ITIOY CoDtcnts of thc Finan¢i#l St#tcmi'nt5 for the l.ear Ended 30 April 2024 Page Report of the Trustees Independent Exominer's Report Statement of Financial Activities Balance Sheet Yote5 to the Finan¢i81 Statements 6 10 10 Detydiled Statement of Financial Activities
TIIE BL,IKEIIORE FOLID.ITIOY Reprt of the Trustees for the I'eAr Ended 30 Aprll 2024 The Iru%iee% prc%cnt their report w'ith the tinancial staleinenl% of the chariiy for thc ycar ended 30 April 2014. The tNstees hai'e adopted the proN'i8ions of Accounting and Reporting bi C'harities.. Statement of Recommended Practice pplicable to chariliei preparing their alcounts in accvrdance with the Financial R¢porting Standard applicable in ihe UK and Republic of Ireland IFRS 102) leffectie l January 20191. 0ECTI%:Es AND ACTIN'ITIES L)bjectih'es and aims ThL objective of thL Foundatioii is io apply its inLome and Lapiial for exclusively charitablL purposes as dLcided on by IhL IruslLLS. ThL Founddtion makL'% LhdritablL Lonlributiuns to a Lombindtion of IoLal and ndtiUn<il rL'Lipicnts. The incomc of Ihc Foundation comprises donations trom A.F Blakemore and Son Limilcd. The Irusiecs have had due regyard io guidance publishLd by the Lharitics Commission on public benelit. An important objective becn sct lo expand the activitics of the fund to as8lSt tnore COTnmunitics particularly in localions where li has not been involved in the pasl. F.nquiries about the Foundation should be addressed to Mr P.F Blakemore. Public hencfit Thc Tn¢stLCS havc paid duc regard to the guidance issued by the Charity Commission on the subjLCt of public benefit and consider that activities. aims and strategie5 are for the public benefiL Activities focus on providing grnnts. to other charilablL inbtilutiuns and bcnefits are lo the public. as the beneficiaries of the institutions. Crantnuking The fund nTrkes large numbers of small donalionb to help and support communities primarily in localions where it operates. Particular emphasis is given to assist individuals and organisations in fundraising etyorts to meet the above objectives. FINLYCIAL REVIE¥ Resen'es policy The charity does not have a specific reserves policy. The resmes are reviewed annually and charitable contribuiions are made based upon the avEtilablc t-unds. During the ycar thL Foundation recei%'ed donations lotalling £448,407 (2023 £472.006) and made charitable contributions tutalling £427.076 (?023 £394.852I. ThLre were &dmini5tratiou expenses incurre(l in ihe year of £36.047 *0?3 £37.339). Thise related to thc costs of a full time administrntor. The deficit of income over expenditure of £14.716 {2023 - surp15 of L39.814) ha8 been transfLTrred lo the unrcstricted tiind. STRUCTL.RE, GOW EILNA.YCE AYD I¥ILyAGEMEIT Governing doeunnt The charÈty is controlled by its governing document. a deed of trust and constitutes an unincorporated charity. The Blakcmoic Foundation is a rLgJlSteicd charity {nutllbei- 1015938) cslablishcd by Trust Dccd un l O DL"Lcmbtr 199? The tirst donation w'&5 received by the foundation on 8 January 1993. and the first charitable coniribution was paid on 24th March 1993. The power of appointing trusiees is held by A.F Blakemore and & Son Limited. A.F Blakemore and Son Limited and existingtr trustees have the responsibility for the induction and training of the new tnJstee5. Org4ni5ational structure There is one full timE adminislralor employed and paid for by the lund and one part ti7ne managcr employed and paid for by A.F Blakemore and Son Limited to supervise and control grants. Pag¢ I
TIIE BL.IKENIORE FOLJD..ITION Report of the Trust.3 (or the I'e#r Ended 30 April 2024 STRUCTLRE. GOVERN.41SCF. AND iklANAGEMEi%T Risk Illanageent The btggcsl risk Ihc tund faccs is ihat ils soli incom¥ is gincrat¢d from ihi salc of plaslic carriLr babys from A F Blakcmorc & Sons l.imitc(f storcs. Prudint IL'I'i.Is of rcsLfvLS hJve bLLn accumulatLd to enablc thL fund tl) L(IntinuL its activilics for a Lonsidcrable pLriod of rimc irrespcclivc of Ihb Icvel of donations from A.F Blakcmorc and Son Limitcd. The fund adminisiralor chccks that grants ar¢ app11L for ihe purpose for which thvy are given. REFEREICE AND ADI¥IIN15TRATJVE DETAILS Registered Charity number 1015938 Principal address A F Blakemore & Sons Limited Long Acres Industrial Estate Rosehill Willenhall West Midlands WV13 2JP Trustees P F Blakemore ,Mrs l M MLAulcy E Blakemor¢ Independent Examiner Lancastcr Haskins Limited Granville House 2 Tettenhall Road wo1verhampn West Midlands WVI 4SB Approved by order olthe board of Inlee5 on .. 11-1-2S and sigmed on its behalf by: P F Blakemore- Trus Page 2
Independent Examiner's Report to the Trustees of The Blakemore Foundation Ind¢pendent txaminer's report to the trnstees of The Blakemore Foundation I report to the charity trustees on my examination of the accounts of The Blakemore Foundation (the Trust) for the year ended 30 April 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the CtLarities Act 2011 ('the Act,). I report in respect of my examination of the T¢S accounts Carried out under Se¢tion 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5){b) of the Act. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of & listed body. I can confirm that I am qualified to undertake the exarninalion be¢ause l am a member of the Institute of Chartered Accountants in England and Wale4 which is on¢ of the lisled bodies. I have completed my examination. I confirm that no material inatters have corne to my attention in connection with the examination giving me cause to believe that in any material respe¢t: ac¢ounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord with those records. or the arxounts do not comply with the applicable requirements ¢on¢erning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 oth¢r than any requirement that the accounts give a true and fair view which is not a matter ¢onsider¢d as part of an independent examination. I have no ¢ortcerns and have come across no oih¢r rnatters in connection with the examination to which attention Should be drawn in this report order to enable a Proper understanding of the accounts to be reached. Laurd Bradshaw ACA FCCA Lanc&ster Haskins LÉLlllted Granville House 2 Tettenhall Road Wolverhampton West Midlands WVI 4SB Date.. Page 3
TIIE BL..IlkEIIORE FOL%D.ITIO Siatc'menl of Fin#n¢i#l Actii'ities for the Tr"ear Ended 30 April 2024 30.4.14 Unrestricted fund 3{1.4.73 Total funds Notes INCOIJE AliD ENDOW'II IENT.S FRO[ DonatlOT15 and legacies 448.407 47?.OQ5 InN'estment income Total 448.407 472.006 EXPENDITURE ON Charitable activities Resources expended 464.083 43? 191 YET INCOMEI(EXPENDITURE) (15.676) 39.815 RECONCILIATION OF FUINDS Total fimd5 brought fonvard 232,894 191 ?19 TOTAL FUYDS CARRIED FORWARD 217.?18 ?31,034 The notes fomj part of these financial aternCnts Page 4
TIIE BL..IliE.IIORE FOI.'ND..ITIO¥ Bal#ncL' SheLIt 30 April 2024 Unrestricted fund Total Notes CLIRRENT AS.8ETS Debtors Cash at bank 185,498 164.16? liO,019 181.4?5 349.660 331,444 CREDITORS Amounts lalling due wilhin onc year 113?,442> 1100,410) YET CURRENT ASSETS ?17.218 231,034 TOT.4L ASSETS LESS CURREYT LIABILITIES 217.218 231.034 ET ASSETS 217.218 231.034 FLI%DS UnrestrictLd fijnds 217.218 31,034 TOTAL FUNDS 217.218 231,034 The finanuial statements were approved by the Board of Tnjstees and authori5ed for Fssue and ere signed on ils behalf by- on PFB akemore - njslee I M MLAuley - Trustee The noles fu part ¢)( these financial slalemcnts Page 5
TIIE BL.IKE.NIORE FOL.ND.ITIUY Notes tu the Fin#nci#l Statemt'nts fur the l'ear Ended 30 April 2024 ACCOUNTING POLICIES Basis of preparing the financial statements Thc financial slatemcnls of IhL chiirily, which ib a publii bvnifit Lntily undLr FR5 10? hae bcLn prLparLd in acLordanLL' Wlth Ihc Charilics SORP IFRS 10?) 'Accouniing and Rcporting by Charitics.. SiaiLmcnr of Recoinfftended Practice applicablL to charilies preparing their accounts in accordance with thL FiTJancial RLPOrtinb Siandard applicable in thL LK and RLpubliL of Ircland IFRS 10?) (Lffcctii'e l January ?01g>'. Financial Rcportinu Siandard 10? 'ThL FinanLial Reporliiig Siandard applicabli in thL UK and Rcpliblic of Irelthnd. and IhL. Charities Act ?01 l. ThL linanLial stalLmL'nts hai'c beLn prepared undcr the hislorical cost conv¢nlion. ThLre wer¢ no material departures from that standard. The prcscntation currency is £ sterling. Flnancial reportlng standard 102 - redu¢ed disclosure exemptions The charity has taken advantagle of the followingy disclosure exemptions in preparing these financial ststements. us perniitted by FRS I O? 'The Financial Reportingi Sianilord appIlble in the UK and Republic of ITcland': the requirements of Section 7 Sthtemeni of Cash Flows. the requirement of paragraph 33.7. Critical ae¢ounting judgements and k, sources of estimatiott uncertllintir The preparation Df the financial siatements requires the management to make judgements, estimates and assumptions that affect the amount5 reported.The5e e5timaies ¢ind jud¥¢ments are continually reviewed and are based on experience and other factory includinq expectations of futyr¢ ev¢nt5 that are believed io be reasonable under the circumstances. Income All income is recognised in the Statement of Financial Activttles once the charity has ¢nlitl¢ment to ihc fi]nds, it is probable that the iniome will be received and the amount can be measurcd reliably. Expendithre LidbililiL'S dr¥ re¢oEnisLd as eYp¢ndiiure as soon as there is a legal or conslructik'e obligation committing the chariry to that ¢xpcnditure. it is probable that a transter ot economic benefits will be required in settlement and the amount of the obligation Can bc mL)asured reliably. Expenditure is accounted for on an accnjals basis and has been classified under headings thai aggregate all cost related lo thc Calgry. Whcre costs cunnol bc diTccIIy attribuicd to panicular headings they have been alloulLd to dLtivilies oll a basis consistent with IhL use of resource5. Grants o(feTed subject to condition5 w,hich have noi been met at the year end date are no(ed as a Commitment bul not accrued as expenditure. T2xation Th¢ charity 15 ¢XernPt from lax ils charitable activities. Fund accounting Unrestricted funds can be uscd in ac¢oTdance wilh thc charitable objectives al the discretion of the trustees. Restricted fiinds can only bc usLd for particulur restricted purtK)ses wiihin the objects of the chiirity. Restrictiun5 arise NNhen specified by the donor or when funds are raised for particular TestriLted purposes. Further explanation of the natUTe and purpose of each frjnd 1% included in the notes lo the financial statements. Page 6 conlinuLd...
TIIE BL..IkENIORE FUI',ND..ITIOY Yotes to thc, FInn(la1 Stat¢miints- continuod fur the Tr'ear Ended 30.4pril 2024 ACCOUNTING POLICIES- eontinued Pension ¢osts and other po$t-rctirtm¢nt benefits Th¥ Lhdrily OPLTaiLb a dLf)nLd conlribution pcnsion SL"hLmL. Contributions payable lo ihL Lharity's pcnsion s¢hLmc ar¥ charg)ed to the Siat¥mcnl of Financial A¢iii'iiiLS in the pcriod lo which they relatc. INI'ESTIIIE.Y'I" IYCOME 30.4.?4 30.4.23 Depvsit ilCLount inteTe5t TRLSTEES, REMUNERATIOY ¥D BENEFITS There '¢re no trustees, remuneration or other benefits for Ihe year endeij 30 April 20?4 nor for the year ended 30 April 2023. Trustees, expenses There were no Irustes, expenses paid for the year ended JO April ?0?4 Iior for the year ended 30 April 2023. STAFF COSTS ThL av¢ragc monthly numbcr of ernployees during the year was as follows: 30.4.24 30.4.73 Administraiion No emplovees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATE.MEYT OF FINAYCIAL ACTIVITIES Unresiricted fund IINCOME AIND ELIDOWMENTS FROL¥I Donations and legucies 472.005 Investment income Total 47?.006 EXPEYDITURE O Charitable aclivlties RLsourccs expended 432.191 ET IIYCOME 39,815 RECONCILIATIOY OF FUYDS Total fi]nds brought fonvard 191.219 Pagc 7 continued...
TIIE BLiiKE%IORE FOLND,KTIOY Yotts to thL. Fin#neial Statement5 - cDntinuod for the l.ear Ended 30 April 2024 CO,VIPARATlI8 FOR THE STATENIEYT OF FINANCJAL.4CTIN'11'1E.S- conlinued Unreslrictcd fijnd TOTAI. FUINDS CARRIED FORW'ARD ?31,1)34 DEBTORS: AMOUI%TS FALLITIG DUE INITHIN OIIE I'EAR 30.4.?4 30.4.?3 Other debtors 1115,498 150,019 CREDITORS: AMOUNTS FALLING DUE W'ITHIIY ONE YEAR 30.4.?4 30.4.23 Other cr¢ditOT5 132,44? 100.410 MO1ME1% IN FUNDS Nel movement in funds At 30.4.24 Al 1.5.23 Unreslrieted funds General fund 232,894 (15,6761 217.?18 TOTAL FuDs 23? 894 115,6761 ?17.?18 Net movement in funds. included in the aknve are as follows.. Incoming resources RLsources expendcd Movement in funds Unrestricted funds General fund 448,407 (464,0831 {15.676 TOTAL FiillDS 448.407 1464.0831 (15.676) Page 8 conlinu¢d..
TIIE BL..IKEIIORE FOI".ND.ITIO.N Yotcs tv the Financi#l Si#lcmL'nts - continued for the I'eHr Ended 30 April 2024 MOl'EhlENT IY FUNDS- continued CDmparatii'es for mo%ement in fund5 Nct moNemcni in funds Ai Al 1.5.22 Unrestrictcd funds General t.und 191 ?19 39,815 231,034 TOTAL FUNDS 191 ?19 39.815 231.034 Comparaiive ngt movement in funds. included in the above are as follows.. Incoming resources Re50urcc5 expended MoTr'cmcnt in fund5 Unrestricted fund5 General fund 472.006 (43? 191) 39,815 TOTAL FUN'DS 472.006 143? 191) 39.815 A cutrent yc&r l ? months and prior year 12 months combined position is as follows: Net moN'ement in funds At 30.4.24 Ai 1.5.22 Unrestricted funds Gcncral fund 191 ?19 ?4.139 ?15.358 TOTAL FUhT)S 191 ?19 24,139 215,358 A curreni year l? Anonihs and prior year 12 months combined net movement in funds. included in the above are as follows.. Incoming resource5 Reree5 expended Motrement in funds Unrestricted funds General fund 9?0.413 1896.274) 24,139 TOTAL FUNDS 920,413 1896.274) 24,139 Page 9 continued...
TIIE BL..IKE.IIORE FOI'.ND..ITIU Notes to the Fin#ncial Stat¢m¢nts - continued for the Year Ended 30.4pril 2024 REL.4TED P.ARTY DISCLOSURES There were no relJt¥id party iran%action% foi the year endcd 3(Tr April ?0?4. Page 10
TIIE BL.IlkEIIORE FOI:ND.ITIOY DetAAIL.d Statement of Fin#ncinl Aetii'itACS lor ihe Tr'ear Ended 30 April 2024 30.4.23 IINCOIIE AiND L)DOW'MENTS Don*tions and legacles Donations 448.407 47?.005 Investment income Depusil <iCLuunt interest Total incoming resources 4H8.407 47?.006 EXPEYDITURE Charitable activities Wages Social securiry Pcnsion5 Sundrics Cash chariiable contrÈbuiions Other charitsble contributions 30.554 2,244 2,340 1.869 197.539 ?29,537 29,398 ?.801 2,510 2,630 167,692 227.160 464,083 432.191 Total rcsources expcndcd 464.083 432,191 .Net (expenditure)Ilncome (15,676) 39,815 This page does noi fonn part of the slatutory financial statements Pagcll