Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charltable Foundatlon LlmRed (By Guarantee) Flnancial Statements Year Ended 31 December 2021 Charity No - 1102332
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charitable Foundatlon Limited Report and Flnancial Staternents for the year ended 31 December 2021 Contents: Page: R8f8rence and administrative infomalion Report of the trustees Independent 8xaminer's report stat8m8nt of financial activities Balance sheet 9-11 Notes fomiing part of the financial statements
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahamo Charitable Foundation Llmllod Reference and admlnlstratlve Informatlon Directors and Trustees MrA Grahame MsSMShaw Mr J A Greenwood Mr E Z Greenwood Secretary Mrs G Grahame Principal Offlce Unit 102, 116 Ballards Lane, London, N3 20N Reglstered Office 88 Crawtord Street, London. W1 H 2EJ Charlly Numbor 1102332 Company Number 05010268 Independent Examlners Cameron Baum Hollander Ltd, 88 Crawford Street. London. W1 H 2EJ Bankers Bank Leumi (UK) Plc, 20 Slratford Place, London W1C 1BG (account closed January 20211 Metro Bank Plc, One Southampton Row, London. WC1 B5HA
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charltable Foundation Limited Report of the Truslees for the year endod 31 December 2021 The trustees present their report along with the financial statements for the year ended 31 December 2020. The financial staternenls have been prepared in accordance with the accounting policies set out in the notes lo the accounts and comply with the charity's trust deed. the Charities Act 2011 and Accounting and Reporting by Charities= Statement of Recommended Practi applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland ISORP IFRS 102}). Structure, governance and management The company was incorporated on 8 January 2004, registered as a charity on 25 February 2004 and Commenced charitable activities on the same date. The charity is consliluted as a company limited by guarantee. The company was established under a Memorandum of Association and is governed under its Articles of Association. In the evenl of the company being wound up members are reqUId to conlribute an amount not exceeding £10. Recruitment and appointment of trustees The directors and trustees, who are also the directors for the purpose of company law. and who served during the year wer8.. Mr A Grahame Mr J M Greenwood (resigned 8 May 2020} MsSMShaw Mr J A Greenwood Mr E Z Greenwood (appointed 6 May 2020) The Board has powers to appoint additional trustees as it considers fit to do so in accordance with the Memorandum and Articles of Association. The trustees hold office until retirement. There is no maximum number of trustees that the company may have and there is no restriction on their length of office. However, there musl be at least two trustees. The trustees do not have a recruitment policy for appointing truslees and currently the trustees do not consider it necessary to appoint further twstees. Trustee induclion and tralnlng Due lo the size of the company there are currently no formal systems in place in relation to Irustees, induction and training. These will be reviewed as and when Ihe trustees decide to recruit new trustees. Organisational structure The charity is organised so that the trustees meet regularly to manage its affairs and to decide on the distribution of funds. There is no relationship with any other charity or organisation. Risk management The directors and trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigale exposure to the major risks.
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charitable Foundatlon Llmited Report of the Trustees for the year ended 31 December 2021 Objectives and activitie$ The charity's objects and rts principal acllvities are that of Ihe advanment of education. religion and the relief of poverty anywhere in Ihe world and to act as a charitable fund. Th8 incom& is derived from various investments and charitable donations. Its trustees have had regard to the guidance issued by the Charity Commission on public benefit. Grant pollcles The charity considers grant requests from organisations that fall within the criteria of the charity's objects and makes such grants from cash resources available. Achievements and perfomiance During the year the charity has ntInued to provide support to various charities in the United Kingdom and abroad. Financial review The Stalernent of Financial Activities shows net {expenditurellincome of £14,989 {2020.' £1105,577} ) after the revaluation of listed share investments. Unrestricted funds at the balance sheet date were £96,506 12020.. £81,517}. Charitable grants made during the year were £327,89612020.- £202.510}. The trustees consider that the perfomiance of the charity this year has been Satisfactory and that Ihe present level of funding is 8dequate to support the continuation of the object8 of the charity. There have been no changes in the acllvities or strategy of the charity. Reserves pollcy The charitls policy is based upon the application wthin each year of a significant proportion of such unrestricted funds as are available. Principal funding sources The charity's main sources of income are from donations and covenants and also the returns Dn the Investments held by Ihe charity. Investment policy and powers The charity is authorised to invest in property and company shares as stated in the Memorandum and Articles of Association. The policy is to maximise income and capital growth whilst still keeping a relatively low risk strategy.
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charitable Foundation Limited Report of the Trustees for the year ended 31 December 2021 Plans for the future The trustees continLJe to seek ways to maximise the charity's income from its investments to enable it to continue to meet its charitable objectives. Statement of dlrectors and trustees responsibililies The charity truste8s (who are also the directors of Grahame Charitable Foundation Limited (by Guarant8e} for the purposes of company lawl ara responsible for preparing a trustees, annual report and financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year whlch give a true and fair view of the slate of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the twstees are required lo: 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 departures disclosed and explained in the financial slatements., prepare the financial statements on the going conc8rn basis unless it is inappropriate to presume that the charity will continue in busin8SS. The trustees are responsible for keeping proper accounting records that disclose with reason8ble accuracy at any lime the financial position of the charity and to enable them to ensure that the financial statements comply wilh the Companies Act 2006, the charity's goveming document, the Charities Acl 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice FRS102 effective 1 January 2015. They are also responsible for safeguarding the assels of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees.. Alan Grahame Trustee 13 May 2022 Mr J A Greenwood Trustee 13 May 2022
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charltable Foundation Llmited {By Guaranlo• Independent Examiner's Report to the Trustees of Grahame Charitablo Foundatlon Llmlted18y Guarantee), Charity No. 1102332 I report on the accounts of the company for the year ended 310ecember 2021, which are set out on pages7to11. Rospectlvo responsibililies of trustoes and examlnor The Irustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144121 of the Charilies Act 2011 Ilhe Charities Act) and that an independent AX8minatinn is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my sponSIbl[llY lo: examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the General Directions given by the Charfty Commission under section 145151{b} of the Charities Act, and to state whether particular matters have come to my attention. Basls of Independent Examlner's report My examination was ¢arried out in aordanCe 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 lo whether the accounts present a 'true and fair view and the report is limited to those matters set out in the next statement. Independent Examiner's slatement 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 requiremènls- to keep accounting records in accordance with section 130 of the Chanties Act,. and to prepare accounts which accord wth the 8ccounting records and comply with the accounting requirements of the Chariti8s Act 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. PthiAALL bjwm Mr Danlel Baum FCA Cameron Baum Hollander Ltd 88 Crawford Street London W1H 2EJ Date 16 May 2022
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahametharknble Foundatknn Umlted StsEom•nt of Hnanclal ArtlvlW*s loi t reThlod 31 Doc 2021 IrKomln8 Tr$our Inwmg and ¢1+YMfroM Donations Investment incrAne Totsl In¢omeandendowments 334764 L921 129.346 131.676 Expendhure on Charltable•rtl¥ftle$ Grants payable Governance costs 117.896 202.SIO 5.955 Totsl E¥endllUYO 1333.1761 1208,4651 t4et Inrornellexpendltwel bEforeotherrecoyls 8aln511105sesl 176.7891 0lherrecryn15edialn5lllosse51 Profft/lLosslon revaluation of fixed asseLinvestments T•t•T•ther re¢cenlsedyln5lllD55e51 9A80 128,7881 128.788 N•tmo¥qm•ntlrbfvnd5 1105.5771 Balan at I)aUary 20ZI 81517 187,094 Balan at 31 December 2021 96.506 81,517 All amounts relate to unrestritted fuNJ5. and continuing activitiE5. The Mtes on paÉè$9tO 11 forni partof thesefinancial statements.
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charitable Foundatlon Llmlted Balance Sheet as at 31 De¢Ernber Z021 Notes 2021 2020 Flxed assets Investments 51,382 41,902 Current assets Cash at bank and in hand 49,673 44,164 49,673 44,164 Curr•nt li¥bilili•s Credltors.. Amounts failing due wlthln one year 14.5501 14,5501 Total net asset5 96.506 81,517 Total lunds Vnrestrtted funds Fair value reserve 87,026 9,480 96,506 81.517 81.517 The directors and trustees are satisfied that the company Is entitled to exemptioTr from the provislons of the Companies Act 2006 relating to the audit of the financial statements forthe year by virtue of section 477, and that no member or members have ruested an audrt pursuant to sectlon 476 of the Companies Act 2006. The 1ctorS and trustees acknowledge their responsibilities for'.- ensurin8 that the company keeps adequate accounting records whlch comply with section 386 of the Act, and preparing flnancial statements whkh glve a true and fair view of the stats of affairs of the company as at the end of the linancial year and of Its profli or loss forthe financial year in accordance with the requirefflents of Section 394 and 395, and whKh otherwise compty with the requirements of the Act relatlng to financial statements $0 far as appllcable. These accounts have been prepared in accordanee with the provisn5 applicable to small companies sublect to the small companies regime and In accordance with FRS102 SORP. Approved by the trustees 13 May 2022 aL Alan Grahame Trustee Mr J A Greenwc Trustee
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Grahame Charitthle Foundation Limi Note5 to the Financial Ststements lor the ar ¢nd• 21 Aecountfjng polldes Bas18 af prepwatl)n The financial Statements have been prepared in accordance wlth Accounting and Reporting bv Charities. Statement of Recommended Practice applicable to ehaiitiÈs preparlng their accounts In accordance with the Financial Reporting Standard applicoble in the UK and Republic of Ifeland IFRS 1021,ènd the Charlties Act 2011. bl Income and endowments All incorne and endowment5 are included in the SOFA when the charity Is legallyentitled to the Income and the amount can be quantified with reasonable accuracv. Grts •hd donatlon$ Grants and donatlons are only included in the SOFA when thegeneral income recognition Criteria are met15.10 to 5.12 FRS102 SORPI. dl Expenthtufe and Ilabllltles Expenditu has been ¢lassifted under headlngs that aggregate ill costs related to the cate80ry. Where Costs cannot be dlre¢dy attrlbuted to particular headSn8s ihey have been allocated to activities on a basis conslstent wlth use of the resources. Liabilities are recogTri5ed where it is more likely than notthatthere is • legal or constructlve obligation committing the charityto to pay out resource5 and the amount of thE obli8ation can be measured wlth reasonable certainty. They are Initially recoeni5ed at cost and then 5ub5equentlv mÈ8sured at the best eSmate of the amount requlred to settle the obligation at feportln& date. Investments Llsted Investments comprise publicly listed Shares. which are included in the balance sheet initially attost and Subsequently atthdr market value at the reporting date. Unlisted investments are held at C05t le55 impairment as this is the trustees. best estimate of market value as at the reporting date. Debtar5 Oebtors are Inltlallv reco8nised at net settlement omount. Subsequently, they are measured at the expetted consideratlon recelvable. Credltors The ch4rlty has creditors whlch are Measured at Settlement amounts less anydlscounts.
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A DlatIOnS 2021 2020 Covenants and Donations 336,764 336,764 129.346 129.346 Investment income 2020 Income from listed investment5 Interest weivable 1,885 36 1,921 2,327 2,330 Expendliure on tharitsble activities by activity type 2021 2020 Charitsble danations Support costs- ¥overnance 327.896 5,280 333.176 202.510 5.955 208,465 The charity made charftable donations to variotss Instltutions during the year and these have been made forEeneral charitable purp05e5 Wlthin the objettlves of the thaTIty- To the extent that these donations to institutions are material, they have not been di5¢105ed beU$e1hIs woul serlously prejudlcethe charity and its recipients. The chafity has prepared a separate publication of grants de. entitled The Grahame Charitable Foundation Limited Schedule of Grant5 Ifi 2021. Members of the publlc can request a copy of this by writinE to Mr A Grahame at the Principal Office address. Go¥emartce costs Z021 2020 Le8al and Professional fees Bank Charges Insurances 4.8 4,800 195 960 5,9S5 480 5,280 Analysls ol le8al professlonal fees 20ZI Z020 lThdependent examiner's fees Other fees payable to the independent examlner 1,000 3,800 I,((} 3.800 4.800 io
Docusign En¥ÈlopÈ ID". AE8EA89E-1 F0843DE-9D35-1637CC3E1E7A Axed asset Investments 2011 2020 Llsted Investments Unllsted InvestmeDts 51,318 41.838 51.382 41.90Z Please see bdow for an analysis of the rnovernent in the valuations of listed inve5trnents Usted Investment Valuation at l January 2021 AddltSons Revaluations D15P05als Valuatlon at 31 December 2021 41.838 9,480 51,318 Cash at banks •nd ih h•md 2021 Bank Leuml Current Metro Bank Current Metro 8ank Deposit 6,218 13.918 35,757 49.674 36.503 44,164 Credltors: AmouM$ f4llln8 f•jIdfi oh¢ ye•r 2021 2010 Accruals 4.550 4.550 4.550 4.550 li