## **Trustees' Annual Report for the period** Period start date Period end date ~~a|~~ 01 04 2023 31 03 2024 **From To** ## Section A Reference and administration details ~~a~~ **Charity name Other names charity is known by** The Charles Semon Educational Foundation N/A > **Registered charity number (if any)** ~~Po~~ 1095912 **Charity's principal address** City of Bradford MDC Finance, 5[th] Floor, Britannia House, Hall Ings, Bradford, West Yorkshire **Postcode BD1 1HX** ## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
ee year to appoint trustee (if any)
N/A N/A N/A
1 [City of Bradford ]
MDC
ee eeee
2
ee ee
3
a ee
4
ee ee
5
a ee
6
ee ee
7
a ee
8
ee
9
a ee
10
ee eees
11
ee
12
ee eees
13
ee
14
ee eees
15
ee
16
ee eees
17
ee
18
ee eees
19
eees
20
eeee
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
**----- End of picture text -----**
**TAR and Accounts** March **2012** 1 ## **Names and addresses of advisers (Optional information)** |**Type of adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---| |||| |||| |||| |||| |**Name of chief executive**|**or names of senior staff members (Optional information)**|| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document (eg. trust deed, constitution)[Trust Deed] How the charity is constituted (eg. trust, association, company)[Trust (Other)] Trustee selection methods Corporate Trustee - current members of City of Bradford MDC’s (eg. appointed by, elected by) Regulatory and Appeals Committee ## **Additional governance issues (Optional information)** - You **may choose** to include N/A - additional information, where relevant, about:  policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **TAR and Accounts** March **2012** 2 Promote the education of persons who are under 25, are in need of financial assistance, are resident of Bradford Metropolitan District, have at any time attended as a pupil any school within the area of benefit. **Summary of the objects of the charity set out in its governing document** Education/training. Children / young people. Makes grants to individuals and organisations. Charitable object is “Promote the education of persons who are under 25, are in need of financial assistance, are resident of Bradford Metropolitan District, have at any time attended as a pupil any school within the area of benefit.” Area of benefit (i.e. area the charity can operate in, as set out in its governing document) is Bradford Metropolitan District. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities **Summary of the main activities** and setting the grant-making policy for the year. **undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** **TAR and Accounts** March **2012** 3 N/A You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Section D Achievements and performance **TAR and Accounts** March **2012** 4 Section D Achievements and performance **Summary of the main** At a meeting as Trustees, of the City of Bradford MDC’s Regulatory and **achievements of the charity** Appeals Committee, on 29.02.2024, the trustees considered The Charles **during the year** Semon Educational Foundation Trust and the allocation of grant funding. The Strategic Director of Children’s Services submitted a report to the meeting which provided an update on the current position and intended grant allocations from The Charles Semon Educational Foundation Trust. Established in 2003, following sale of a convalescent home and associated land, the income generated from this sale, as stipulated in the deeds of the then owners, was split between Bradford Girls School, Bradford Grammar School and the Local Education Authority. The above report focused on the Local Education Authority element of the fund. The trustees resolved: (1) that members acknowledge and approve the proposals outlined in Appendix A to Document I for the allocation of grant funding from The Charles Semon Educational Foundation Trust for 2023-24 and 2024-25. (2) that members receive an updated report in February 2025 that reports back to the committee the outcomes from the proposal and that further outlines the intended allocation of grant funding from The Charles Semon Educational Foundation Trust for the future. Financial grants of £85,099 were awarded by The Charles Semon Educational Foundation Trust in 2023-24. ## **Section E Financial review** **TAR and Accounts** March **2012** 5 **Brief statement of the** N/A **charity’s policy on reserves Details of any funds materially** N/A **in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: N/A - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** N/A ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
City of Bradford MDC
City of Bradford MDC
**Full name(s)**
City of Bradford MDC
City of Bradford MDC
**Position (eg Secretary, Chair,**
**etc)**
Corporate Trustee
Corporate Trustee
**Date**
31.01.2025|**Signature(s)**
City of Bradford MDC
City of Bradford MDC
**Full name(s)**
City of Bradford MDC
City of Bradford MDC
**Position (eg Secretary, Chair,**
**etc)**
Corporate Trustee
Corporate Trustee
**Date**
31.01.2025|**Signature(s)**
City of Bradford MDC
City of Bradford MDC
**Full name(s)**
City of Bradford MDC
City of Bradford MDC
**Position (eg Secretary, Chair,**
**etc)**
Corporate Trustee
Corporate Trustee
**Date**
31.01.2025| |---|---|---| ||Corporate Trustee|Corporate Trustee| ||31.01.2025|| ||31.01.2025|| **TAR and Accounts** March **2012** 6 ||**Unrestricted**
**funds**||**Restricted funds**||**Endowment funds**||**Total funds**||**Last year**| |---|---|---|---|---|---|---|---|---|---| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Income from Investments|**14,725**||**-**||**-**||**14,725**||**-**| |Bank Interest|**17,589**||**-**||**-**||**17,589**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**32,314**||**-**||**-**||**32,314**||**-**| ||||||||||| |**A2 Asset and investment**
**sales, (see table).**
~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~| |Receipts from sale of investments
~~——————~~|**8,239**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**8,239**
~~——————~~|~~——————~~|~~——————~~| |~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~| |**_Sub total_**
~~——————~~|**8,239**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**8,239**
~~——————~~|~~——————~~|**-**
~~——————~~| |~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|**40,553**
~~——————~~|~~——————~~|~~——————~~| |**_Total receipts_**
~~——————~~|**40,553**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~|**-**
~~——————~~|~~——————~~||~~——————~~|**-**
~~——————~~| |~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~|~~——————~~| |**A3 Payments**|||||||||| |Grants to Institutions|**85,099**||**-**||**-**||**85,099**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**85,099**||**-**||**-**||**85,099**||**-**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**
~~=~~|~~=~~|~~=——~~|~~——~~|~~——~~|~~——~~|~~——~~|~~——~~|~~==~~|~~==~~| |~~=~~|**-**
~~=~~|~~=——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~==~~|~~==~~| |~~=~~|**-**
~~=~~|~~=——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~==~~|~~==~~| |**_Sub total_ **
~~=~~|**-**
~~=~~|~~=——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~==~~|**-**
~~==~~| |~~=~~|~~=~~|~~=——~~|~~——~~|~~——~~|~~——~~|~~——~~|~~——~~|~~==~~|~~==~~| |**_Totalpayments_**
~~=~~|**85,099**
~~=~~|~~=——~~|**-**
~~——~~|~~——~~|**-**
~~——~~|~~——~~|**85,099**
~~——~~|~~==~~|**-**
~~==~~| |~~=~~
~~===~~|~~=~~
~~===~~|~~=——~~
~~===~~|~~——~~
~~===~~|~~——~~
~~===~~|~~——~~
~~=== ==~~|~~——~~
~~==~~|~~——~~
~~==~~|~~==~~
~~==~~|~~==~~
~~==~~| |**_Net of receipts/(payments)_**
~~===~~|**- 44,546**
~~===~~|**- 44,546**
~~===~~|**-**
~~===~~|**-**
~~===~~|**- - 44,546**
~~=== ==~~|**- - 44,546**
~~==~~|**- - 44,546**
~~==~~|**- - 44,546**
~~==~~|**-**
~~==~~| |**A5 Transfers between funds**
~~===~~|**-**
~~===~~|**-**
~~===~~|**- -**
~~===~~|**- -**
~~===~~|**- -**
~~=== ==~~|~~==~~|**-**
~~==~~|~~==~~|**-**
~~==~~| |**A6 Cash funds lastyear end**
~~===~~|**336,983**
~~===~~|**336,983**
~~===~~|**- -**
~~===~~|**- -**
~~===~~|**- -**
~~=== ==~~|~~==~~|**336,983**
~~==~~|~~==~~|**-**
~~==~~| |**_Cash funds thisyear end_**
~~===~~|**292,437**
~~===~~|**292,437**
~~===~~|**-**
~~===~~|**-**
~~===~~|**- 292,437**
~~=== ==~~|**- 292,437**
~~==~~|**- 292,437**
~~==~~|~~==~~|**-**
~~==~~| **TAR and Accounts** March **2012** 7 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**|**Details**|**Details**|**Details**||**Unrestricted funds**|**Restricted**
**funds**||**Endowment**
**funds**| |---|---|---|---|---|---|---|---|---| ||||||**to nearest £**|**to nearest £**||**to nearest £**| |**B1 Cash funds**|Cash Funds||||**292,437**|**-**||**-**| ||||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| ||**_Total cash funds_**||||**292,437**|**-**||**-**| ||(agree balances w ith receipts andpayments account(s))||||OK|OK||OK| ||||||**Unrestricted funds**|**Restricted**
**funds**||**Endowment**
**funds**| ||**Details**||||**to nearest £**|**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| ||||||**-**|**-**||**-**| |||||||**Cost (optional)**||| ||**Details**||||**Fund to which asset belongs**|||**Current value**
**(optional)**| |**B3 Investment assets**|Other Investments||||Unrestricted|**368,000**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||||| ||**Details**||||**Fund to which asset belongs**|**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**
**charity’s own use**||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**-**||**-**| |||||||**Amount due**
**(optional)**||| ||**Details**||||**Fund to which liability relates**|||**When due**
**(optional)**| |**B5 Liabilities**||||||**-**||| |||||||**-**||| |||||||**-**||| |||||||**-**||| |||||||**-**||| |||||||||| |Signed by one or two trustees on
behalf of all the trustees|Signature||||Print Name|||Date of
approval| ||Cityof Bradford Metropolitan District Council||||Cityof Bradford Metropolitan District Council|||31.01.2025| |||||||||| **TAR and Accounts** March **2012** 8