Annual Report to the Trustees The Seedlings Foundation - Year to March 2025 The last year has been another successful year for the foundation. We have once again made grants to more organisations than in previous years, but due to the demand we have been prudent in the amounts granted. We have continued to promote the Foundation through community matters funding fair, the administrators of the Foundation, and advertising in newsletters distributed across West Yorkshire to third sector organisations. We continue in our endeavours to appoint further trustees and will continue to do so, in order to future proof the Foundation. The investment portfolio with CCLA has taken a small hit this year with a reduction in our Global Equity Fund. However, the trustees remain confident that there is no long term cause for concern. Signed on behalf of the Board Signed Name David Carr (Chairperson) Date
Independent examiner's report to the trustees of Community Matters (Yorkshire) I report on the accounts of the organisation for the year ended 31 March 2022, which are set out on the following pages Respective responsibilities of the trustees and the examiner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to examine the accounts under section 43 of the 1993 Act, follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7){b) of the 1993 Act and state whether particular matters have come to my attention. Basis of independent examiner's statement My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: 1) which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006" and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities (SORP 2005). have not been met; or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Name Heather Clark Date:
Lloyds Bank Accounts
| Lloyds Bank Balance Brought | |
|---|---|
forward |
£ 4,865.62 |
| Invested CCLA - April 2024 | |
| £ 4,865.62 | |
| Income to Foundation | |
| deposit account interest |
£ 135.74 |
| Other income |
£ 20,000.00 |
| Investment Dividends | |
| Total income |
£ 20,135.74 |
| Total available funds |
£ 25,001.36 |
| Expenses from Foundation | |
| Expenses Seedlings foundation |
£ 2,000.00 |
| Grants Distributed |
£ 12,787.00 |
| Sale of Global Equity Units | |
| Interest transferred from CCLA | |
| Refund to Parent Carers | |
| Total Costs |
£ 14,787.00 |
| Balance Sheet | |
| Lloyds Bank accounts |
£ 10,214.36 |
| CCLA Investments accounts | |
| Investment Value - Property Fund | |
| Investment Value - Global Equity Fund | |
| Total value of Funds March 31st 202 | £ 10,214.36 |
Investment account
Total
Last year
| £ 468,079.30 £ 468,079.30 £ 805.17 £ 10,771.39 £ 11,576.56 £ 479,655.86 £ 20,000.00 £ 20,000.00 £ 459,655.86 £ 2,756.16 -£ 9,682.36 £ 452,729.66 |
£ 4,865.62 £ 468,079.30 £ 472,944.92 £ 940.91 £ 20,000.00 £ 10,771.39 £ 31,712.30 £ 504,657.22 £ 2,000.00 £ 12,787.00 £ 20,000.00 £ - £ - £ 34,787.00 £ 10,214.36 £ 459,655.86 £ 2,756.16 -£ 9,682.36 £ 462,944.02 |
£ 6,722.88 £ 413,329.31 |
|---|---|---|
| £ 420,052.19 £ 503.69 £ 37,680.00 £ 9,449.43 |
||
| £ 47,633.12 | ||
| £ 467,685.31 | ||
| £ 2,000.00 £ 14,205.00 £ 5,000.00 £ 3,351.15 |
||
| £ 24,556.15 | ||
| £ 4,865.52 £ 438,263.64 -£ 11,096.21 £ 40,911.87 |
||
| £ 472,944.82 |
Independent examiner's report to the trustees of Community Matters (Yorkshire)
I report on the accounts of the organisation for the year ended 31 March 2025, which are set out on the following pages
Respective responsibilities of the trustees and the examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to examine the accounts under section 43 of the 1993 Act, follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act and state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005). have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Name Heather Clark
Date: