Charity Reglstration No. 1045229
THE STREET FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

THE STREET FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustee$
Mrs L M M Sharp-smilh
MrRELSmilh
Miss S F Smith
Mrs S J Sharp-smilh
Charity number
1045229
Principal address
Kingsland House
Kingsland
Leominster
Herefordshire
HR6 9SG
Independent èxaminer
Katherine Parkin FCA
Azels Audit Services
Pillar House
113-115 Bath Road
Che1tenham
Gloucestershire
United Kingdom
GL53 7LS
Bankers
Lloyds TSB Bank PIC
49-51 Dean Street
Marlow
Buckinghamshire
United Kingdom
SL7 3BP
Solicito
Harrison Clark Rickerbys LLP
clo Haryison Clark Rickerbys Limited
Ellenborough House
Wellington Street
Chellenham
GIOU￿SterS￿lre
United Kingdom
GL50 1YD

THE STREET FOUNDATION
CONTENTS
Page
Trustees, report
Independent examinerfs report
Slalement of financial activities
Balance sheet
Slalement of ￿sh flows
Notes lo the financial slalemenls
7-12

THE STREET FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2021
The Iruslees present their report and financial statements for the year en¢Jed 31 March 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note I to
the financial ststemenls and comply with the charity's governing document, the Charities Act 2011 and
"Accounting and Reporting by Charities." Slalemenl of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 (effective 1 January 20191
Objèctlves and activities
The objects of the charity are the furtherance and pursuance of charitsble purposes and in such proportions
and in such manner and subject to such lems and conditions as the Trustees may from time lo time in their
absolute discretion detemine.
In order 10 8chieve the aims and objectives of the charity, the Trustees make grants lo a wide variety of
organisalions, both in the area local lo the eharily and further afield, supporting a broad range of activities and
research.
The trustees have paid due regard to guidanee issued by the Charity Commission in deciding what actNilies
the charity should undertake.
The trustees are aware of the Public Benefit piovisions of the Charities Aet 2011 and of the guidance on them
published by the Charity Commission. They are satisfied that the objects of the charity and the activities of the
charity are within the definitions of the Charitable Purpose as sel down in the Act. The trustees are not aware
of any public detriment caused by the charity's objects or aclivilies, and nor aro they aware of anyono
receiving any private benefit from the charity's activities.
The objects of the charity include the provision of donations for the relief of poverty, the advancement of
education. the advan￿ment of religion and other charitable purposes as the Trustees may from lime lo lime
determine and there has been no change in these during the year.
Grants are awarded at the di￿retIOn of the Trustees following due consideration of how the lunds will
ultimately be spent in order lo en$ure the furtherance of the the aims and objecb'ves of the charity.
Achievements and performan¢•
There have been no significant developments or changes to the activities of the charity during the last year.
During the year grants made to charities and other not for profil organisalions amounted to £440,88312020'.
£173,709)
Financial review
At the balance sheet dale, "free" ￿serveS, being unrestricted funds other than fixed assets, amounted to
£462,57012020. £61,934)
Cash reserves al the year end lincluding amounts held on short term dep05111 were £463.704 12020..
£63,044}.
The charity aims lo retsin free reserves sufficient lo provide adequate working capital lo fund its charitable
aclivilies.
vi
Covid-19 has had minim81 impact on the charity's operations and aclivilies. Grants continue lo be made lo the
extent that income permits.

THE STREET FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARGH 2021
es
The trustees has assessed the m8jor risks to whith the charity is exposed, and are satisfied that systems are
in place lo miligale exposure lo the major risks.
for f titrfe
It is expected that the charity will receive further donations at a similar level during the comiThJ financial year
and will continue lo awards grants lo a var¢ety of institutions and organisations to further its eharilable
objectives.
Structure* govemance and managem•nt
The charity is controlled by its governing document, a deed of trust signed on 20 March 1995. The charty was
registered with the Charity Commission on 29 March 1995 and eonslilules an unincorporated charity.
The Iruslees who served during the year and up to the date of signature of the financial slalemenls were".
Mrs L M M Sharp-smilh
MrRELSmilh
Miss S F Smith
Mrs S J Sharp-smilh
of Iruslees
The power of appointing new trustees is vested in the Trustees.
The charity is governed by Iruslees who are responsible for formulating the strategies & policies of the charity
including the exercising of financial controls.
On 8ppoinlment Trustees are provided with appropriate training to allow them lo fuffil their duties.
The charity is primarily funded through donations from related companies. Refer lo the related paty
transactions note for further information.
The trustees. report was approved by the Board of Trustees.
MrREL
Trustee
Dated. .22./.Ir).l.lQ.31

THE STREET FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE STREET FOUNDATION
I report lo the trustees on my examination of the financial statements of The Slreel Foundation lthe charityl
for the yèar ended 31 March 2021.
Responslbllltie8 and basls of report
As the Iruslees of the charity you are responsible for the preparation of the financial slalemenls in
accordance with the requirements of the ChaiitsesAcl 2011 Ilhe 2011 Act}.
l ￿port in respect of my examination of the charity's financial statements Carried out under section 145 of
the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the 2011 Act.
Independent 9xaminerf$ statement
sin￿ the charity's gross income exceeded £250,000 your examiner musl be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am
member of, which is one of the listsd bodie5.
I have completed my examination. I confirm that no matters have come lo my attention in connection with
the examination giving me cause to believe that in any material respect..
accounting records We￿ not kept in respect of the charity as required by section 130 of the 2011 Act.,
or
the financial statements do not accord with those records., or
the financial slalemenls do not comply with the applicable requirements concerning the fom and
content of accounts sel out in the Charities IAccoLtnls and Reports) Regulations 2008 other than any
requirement that the accounts give a IrLJe and fair view which is not a matter considered as part of an
independent examination.
I have no concerns and have come across no other matters in connection with the examination to whrh
attention should be drawn in this report in order to enable a proper understsnding of the financial slalements
to be reached.
Katherine Parkin FCA
A2etsAudil servI￿s
Pillar House
113-115 Bath Road
Chellenham
Gloucestershire
GL53 7LS
United Kingdom

THE STREET FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
Unrestricted Unrestricted
funds
funds
2021
2020
nc
Donations and legacies
850,000
230,000
Charitsble activities
449,364
175,391
Net Income for the yearl
Net movement in funds
400.636
54,609
Fund balances al 1 April 2020
61,934
7,325
Fund balance8 at 31 March 2021
462,570
61,934
The statement of financial activitie5 includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

THE STREET FOUNDATION
BALANCE SHEET
ASAf31 MARCH 2021
2021
2020
Notes
Current assets
Cash at bank and in hand
463,704
63,044
Creditors: amounts falllng dug within
ono year
11,1341
11,1101
Net current assets
462,570
61,934
Incomo funds
Unrestricted funds - general
462,570
61,934
462,570
61,934
The financial stslements were approved by the Trustees on .12.lia12Qll
MrRELS
Trustee

THE STREET FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Notes
Cash flows from operating a¢tlvltle8
Cash generated from operations
11
400,660
54.789
Net Cash used in investing actlvlt4e8
Net Cash used in financing *ctlvltles
Net Increase In ca$h and cash •qulv41ents
400,660
54,789
Cash and cash equivalents at beginning ot year
63,044
8,255
Cash and ¢ash 8quivalents at end of year
463,704
63,044

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting pollcle8
Charity infomiatlon
The Street Foundation is an unincorporated charty and is registered with the Charity Commission under
number 1045229. The address of the principal office can be found on the legal and administrative
infomation page.
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the charity's governing document. the
Charities Act 2011 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 IFRS 1021 leffeclive 1 January 20191" The charity is a Public
Benefit Entity as defined by FRS 102.
The financial slalements have departed from the Charities IAccounls and Reports) Regulations 2008 only
to the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Slalement of
Recommended Practice which is referred lo in the Regulations bul which has since been withdrawn.
The financial slalements are prepared in sterling. which is the functional currency of the charity. Monetsry
amounts in these financial statements are rounded lo the nearest £.
The financial slalemenls have been prepared vnder the historical cost convention, the principal a￿OuntIng
policies are sel out below.
1.2 Going concern
Al the time of approving the financial slalemenls, the Iruslees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
Irustees continue to adopt the going concern basis of accounting in preparing the financial slalemenls.
1.3 Charitable funds
Unreslricled funds are available for use at the discretion of the Iruslees in furtherance of their charitsble
objectives.
Restricted funds are subject lo specific conditions by donors as lo how they may be used. The purposes
and uses of the reslricled funds are set out in the notes lo the financial statements where required.
1.4 Incomo
Ineome is recognised when the charity is legally entitled lo it after any perforniants condrtions have been
mel. the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised On￿ the charty has been
noltfied of the donation. unless performance conditions require deferral of the amount. Income tsx
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the lime
of the donation.
Legacies are recognised on receipt or otherwise rf the charity has been notrfied of an impending
dislribulion, the amount is known. and reeeipl is expected. If the amunl is not known, the legacy is treatsd
as a conlingenl asset.
The charity receives donated resources from the HR Smith Group of companies in the forrn of provision ol
office space bul as the value of these resources cannot be quantified the income and expenditure ha5 not
been recognised in the slalement of financial activities.

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
Icontinuedl
Interest on funds held on deposit is included when recewable & the amount can be measured reliably by
the charity", this is normally upon nolificalion of the interest paid or payable by the bank.
1.5 Expenditure
Liabilities are recognised as expenditure a5 soon as there is a legal or constructive obligation committing
the charity lo that expenditure, il is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for cn an
accruals basi5 and has been classified under headings that aggregate all related lo the Category. W)ere
costs cannot be directly attributed lo particular headings they have been allocated lo activities on a basis
consislenl with the use of resource5. Ir￿CoVerable VAT is charged against the category of fesources
expanded for which st is incurred.
Committed grants are recognised in full in the year in which they are approved with future payments being
included as liabilities. Grants offered subject lo conditions which have not been met al the year end dale
are noted as a commitment but not accrued as expenditure.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.7 Financial Instruments
Financial instruments are reeognised in the charity's balance sheet when the charity beeomes party lo the
conlraclual provisions of the instrument.
Financial assets and liabilitie5 are offset, with the net amounts presented in the financial stalanents. when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention lo sellle on a
nel basis or lo realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿s, are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the
effective interest method unless the arrangement constilules a financing transaction, where the transaction
is measured al the present value of the future receipts discounted al a market rale of intsresl. Financial
assets classified as receivable within one year are not amortised.
Derncognition ol finan¢lal as$gts
Financial assets are derecognised only when the wnlractual righ15 to the cash flows from the asset expire
or are settled, or when the charity transfers the financial asset and subslanlially all the risks and rewards of
ownership lo another entity, or if some significant risks and rewards of ownership are retained bul control ol
the asset has transferred lo another party thal is able to sell the asset in ils entirety to an unrelated third
paty.

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
{Continuedl
Basic financlal Ilabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at Iransadion price
unless the arrangement conslitules a financing transaction, where the debt instrument is meaSu￿d al the
present value of the future payments discounted at a market rale of intere51. Financial liabilities classified
as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditor8 are obligations lo pay for goods or seryices that have been acquired in the ordinary course
of operations from suppliers. Amounts payable are Classified as current liabilities if payment is due within
one year or Sess. If not, they are presented as non-curTent liabilities. Trade creditors are recognised initially
al transaction price and subsequently measured al amortised cost using the effective interest method.
Dere¢ognition of financial liabilities
Financial liabilities a￿ derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.8 Taxation
The charity is exempt from corporation lax on income and gains falling within section 505 of the Taxes Act
1988 or seclion 256 of the Taxation of chargeable Gains Act 1992 to the extent that these applied to the
charitsble objects.
1.9 Provisions
Provisions are re￿gniSed when the charity has a legal or constructive present obligation as a result of
past event, il is probable that the charity will be required lo settle that obligats'on and a reliable estimate can
be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the
present obligation al the reporting end dale, tsking into account the risks and uncertainlie$ surrounding the
obligation. ￿ere the effect of the time value of money is material. tho amount expected lo be required to
settle the obligation is recognised at present value. When a provision is measured al present value. the
unwinding of the discount is recognised as a finance cost in nel incomellexpendilurel in the pefiod In which
It arises.
Donations and legacies
Unrestrictgd Unrestricted
funds
funds
goneral
general
2021
2020
Donations and gifts
850,000
230.000

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Ch•ritabl• actlvltles
Fundlng of Fundlng ol
activities
4ctiviti•s
2021
2020
Grant funding of aclivilies Isee note 41
440,883
173,709
Share of support costs {see note 51
Share of governance wsts (see note 51
7,227
1,254
392
1.290
449.364
175.391
Grants payable
2021
2020
Grants to inslilutions..
Disabilty
Poverty
Education
Community
Human rights
1,000
42,500
329,133
18,250
50,000
12.500
5,000
101,518
14,691
40,000
440,883
173,709
2021
2020
Detail of grants lo instilulions..
The Centre for Social Justice
The Global Warming Policy Foundation
Oxford University Museum of Natural History
Civitas
The Natural History Museum
Faith Truth and Hope
The New Culture Forum
The Politics and Economics Research Trust
Hope Scoll Hostel
Humanitarian Aid Relief Trust
The Inslilule of Economic Affairs
The Maggie 011ver Foundation
Liverpool Charity and Voluntary servI￿s
The Foundation for the History of Totalitarianism
other
30,000
40,000
12,000
57,812
17,800
6,806
60,700
72,473
47,200
10,000
25,000
50.000
15,000
15,000
40,000
20,000
10,000
10,000
33,510
39,291
10-

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Grants payable
Icontlnuedl
438,883
134,418
Support costs
Support Governance
costs
costs
2021
Support Governan
costs
costs
2020
Bank charges
Rates
367
6,860
367
6,860
392
392
Independent examiners
fèe
1,254
1,254
1,290
1.290
7,227
1,254
8.481
392
1.290
1,682
Analysed between
Charslable activities
7,227
1,254
8.481
392
1,290
1,682
Governance costs include amounts payable to the independent examiner of £582 12020.. £5701 for
Independent Examination and £672 12020.. £7201 payable to the Independent Examiner for olhei
ac￿untancY services provided.
Trustees
None of the trustees lor any persons connected with them) received any remuneration, benefits or
reimbursed expenses from the charity during the year.
Employees
The average monthly number of employees during the year was..
2021
Number
2020
Number
Totsl
CreditOTS- amounts falling due within one year
2021
2020
Accruals and deferred income
1.134
1,110

THE STREET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
9 General unro$tricted funds
These are unrestricted funds which are material to the charity's activil*s made up as follows-.
Movement in funds
Movement in funds
8alance at Incomlng Resources
Balance at Incomin# Resources
l April 2019 r•sour¢¥$
expended 1 April 2020 resour¢￿ expended
Balance at
31 March
2021
Unreslricled funds
7,325 230.000 1175,3911
61,934 850,000 {449,3641 462.570
10 Rolatod party transactions
Transactions with related parties
During the year the charity entered into the following transactions wrth related parties,,
Donations received
2021
2020
H R Smith Group Limrted
750.000
100,000
750.000
100,000
Mr Richard Smith and Miss Susan Smith are Trustees of the charity and also directors and shareholders of
H R Smith Group Limited. The charity received donations wilhoul conditions as detailed above.
11 Cash generated from opgration8
2021
2020
Surplus for the year
400,636
54,609
Movements in working capitsl..
Increase in creditors
24
180
Cash g8nerated from operations
400,660
54,789
12 Analysis of change8 In net fund$
The charity had no debt durin9 the year.
12-

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