Company registration number.. 05290948
Chatity registration nwnber: l J08242
Lucy Griffiths Foundation Ltd
(A company limilcd by gua13llt¢e without share capital)
Annual Report and Financial Statements
for the Year End¢d 31 D¢wnber 2024

Luey Crlffitbs Foundation Ltd
Contents
Referenc£ ond Administrative Details
Tnts. annual report (itncluding dir¢ctotrs' report)
2to3
IDdep¢nd¢nt ExamilleT'S Report
4t05
Statement of FiDallcial Activities
Balan¢¢ She¢t
7t08
Notes to the Financial Statements
9t014

Lucy Griffith$ Foundation Ltd
Reference and Administrative Details
Dlr¢¢tor
Mr MI Hughes
Prlnefftpal Office
Unil D2 Fenton Trade Park
Fenpark Way
Fenton
Stoke-On-Trent
ST4 2TE
The charity is inco￿Orated in England & Wal¢s.
1108242
Ch*rity Registration Number
Company Reg15tr*tlon Number
05290948
BoDk¢rs
National Westminster Bank PIC
2 Crewe Road
Alsager
StokeAon-TTent
ST7 2ER
Page I

Lucy Griffltbs Foundation Ltd
Trnstees, annual report (includfing directors, report)
The member, a director for the putpose5 of ¢ompany law, presents th¢ annual report together with the fjnancial
stat¢m¢nts alld auditors, report of the charitsble company for the yeaT ended 31 December 2024.
Objectlvey and acthwitles
Objeets dndAims
The objects 8nd 8illLS of the charity is to provide social housing to the general public.
Public bénefit
Th¢ aiDJ of the clmtity is to PTovide socialhousing to the general public.
The dir¢¢tor confirtn that they hav¢ comp]ied with th¢ T¢quirements of section 17 of the ChaTiti¢8 Act 2011 to
have due regard to the public benefit gutdance published by the Charity Commission for England and Wales.
Tru8tses offieers
The lrnstees and OffiC￿S serving during the year attd sin¢e tbe year end were as follows:
Dtrector..
Mr Mt Hughes
Finan￿41 Instruments
Objealves andpolicies
The clwitys aGtiviti¢s expose it lo a number of financial risks including ¢￿dit risk cash flow ri8k and liquidity
risk Th¢ use of fuwicial dcrivatives is governed by the charity's po]icies approved by the board of director,
which provlde WTitten winciples on tbe of fJDan¢ial derivatives to m&nage these risks. The charity does not
Use derivative fmancial instruments for speculative purposes.
Credli riyk
Th¢ charity'8 princApal fm&ttcial assets are battk balances and c8sb, trade and oth¢r Teceivabl¢& and inveslment
propetties.
The ch￿ity'S ¢￿dit risk is pimarily attributable to its propertiC5. The properties are revalu¢d annually using a
thiTd party 30ur¢¢.
The cbarity bos significant concentration of creditTisk
Llquldlty rlsk
In order to ￿aintain liquidity to ensure that sufficient funds aTe available for ongoit)g operations and
developwents, thc ch￿ilY ￿Se8 a D)ixtyre of long-terni and short-term debt fiDallce.
Furtber detsils r¢garding liquidity risk ¢aD be found in the Statement of 8ccounting polici¢s in the financial
statements.
Page 2

Lucy Griffiths Fowidation Ltd
Trustees, annual report (ineluding direetors, report)
Statement of dlre¢tor's re8ponslbllltles
Rupowibiliies
The director (who is tho the director of Lucy Griffiths Foundation Ltd for the purposes of ¢ompany law) is
respon￿￿1¢ for prep￿Ing the Tn￿tee$, annvttl report (including directors, report) and the fill8ncial st*temetsts tn
accordance wlth applicable law and Unit¢d Kingdom Accounting Standards (UDjted Kingdom Generally
Accepted Ac¢ouoting Pra¢tice). including FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ir¢land'.
Company law I￿￿]reS the memb¢r to prepare fift￿¢141 statements for each fitsancial year. Under con)pany law
the member mwt not approve the financial statements unless he is satisfied that they give a true and fair view of
the state of affairs of thc Ch￿1t￿ble company and of the incoming r¢sour¢es and application of resources,
in¢luding its income alld expenditure, of the cbaritable ¢ompJoy for that pwiod. In pr¢p2riDg these financial
statements, the Memb￿ is r¢quir¢d to:
s¢l¢ct suitabl¢ 4ccountin8 poli¢ies 2nd apply thern coDsist¢ntly*
observ¢ the methods and prAttciples in the Charities SORP.
Dmke judgements and estimates that are reasonable and prudenl.
stat¢ wheth¢r applicable accounting standards, comprising FRS 102 have beea followed, subje¢t to any
material departtwes disclosed and explained in th¢ fiDanoi81 sts¢em¢nts' and
prepare the financial slatelnents on the going concem b￿18 uDl¢ss it is inoppropriale to presume tbat the
cb4ritable compai)y will ¢ontitiue in bw1n¢￿.
The member is respoDsible for k¢¢ping prop¢r accounting records that can dtsclose with r¢&8onabl¢ accuwy at
atLy time the financial position of the charitable company and enabl¢ them to ensur¢ tbat tbe f￿anCIal ststemeDts
conwly with th¢ Comparties Act 2006. He is al80 t￿PonSible for safeguarding the assets of the cbarlt&ble
company and hence fortsking re3sonable steps for the prevention alld detection of fraud and other irregularities.
The Jir¢¢tor is r¢sponsible for the and integtity of the corporate and fu￿1￿1 inf0m￿tIOn in¢lud¢d
on th¢ charAtable company's website. Legislation goveming the preparation and diss¢n]ination of fjnanci81
statements may differ frorn legtdatiort in other jurAsdiction6.
Small ¢onJpaDles provtsloD $tatem¢nt
This repott has been prepared in accordanc¢ with th¢ small conu)gnies rngitne under th¢ ConwaDies Act 2006.
The annual reportwas apwoved by the tnistee of the charity oDZq
and signed on its b¢balf by:
Truste¢
Pa8¢ 3

Luey Griffiths Foundation Ltd
Independent Examiner's Report to the trustee of Lucy Griffiths Foundation Ltd ('the
Company,)
I report to the cbarity director on my cxaminBtion of the ac¢oullts of the CompaDy for the year ended 31
D￿ember 2024.
R¢spoDslblllde8 rdDd b*#ts of report
A5 the ¢harAty'8 director of the Company (and a180 its directors for the puq)oses of compaay law) you are
responsibl¢ for the pr¢paration of the accounls in a¢conJance with th¢ reqUire￿ellts of th¢ Companies Act 2006
('the 2006 Act.).
My examiDotioD was carried out in accordance with the G¢n¢ral Direction$ given by tbe Charity Coramission.
An examination includ¢s a review of the accounting records kept by tbe charity and a ¢otop&ison of the
accouttts pr¢sellted with those records. It also iticludes consideration of any unusual items or disclosures in the
accowits, and seeking explanations from the ITUStees concerning any sucb matters. The procedures undertaken
do not provide all the evidenc¢ that would be r¢quir¢d in an audit and. ¢oosequendy no opioion is given as to
wheth¢r th¢ a¢couDts pr&4¢nt 8 'lJuc aDd faie view and the report is limit￿ to those matt¢TS set out iti the
Statement below.
Having satisfied myself that the accounts of the Company ar¢ Dot required to be 8udit¢d under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your cbarAty's
accounts as Carried out uTrd¢r wtion 145 of the Chariti¢s Act 2011 ('the 2011 Act.). In caryyiJ)g out my
examination I have followed the Directions given by the Cljarity Cotllmission under section 145(5)(b) of the
2011 Act.
Page 4

Lucy Griffiths Foundation Ltd
Independent Examlner's Report to the trustee of Lucy Griffiths Foundation Ltd ('the
Company,)
IndepelldeDt ex*min¢r s statement
I have con)pl¢ted ￿Y examination. I cortfimi that no matters bave come to my 4tt¢ntion in connection with the
examination gvving me cause to believe:
accounting records were not k¢p¢ in reSp￿t of Lucy Griffiths Foundation Ltd as required by se¢tion 386 of
the 2006 Act. or
2. the arcounts do tsot accord with thos¢ records. or
3. the accounts do not comply with the a￿Ou[Ltllng rquirements of section 396 of the 2006 Act other thall
Joy r¢quirement that the accowits givc a 'true and fair view, which is not a matter consider¢d as part of all
itidependent examination; or
4. the accounts have not been p￿pared in accordance with thc m¢tbods and principles of the Ststement of
Recommended PracÉic¢ for accounting and reporting by charities [applicable to ¢barities preparing their
accounts in accordance with the FAtiancAal Reportill8 StandArd app]i¢able AD the UK Republic of
Irelaud (FRS 102)].
I have no concerns and b8v¢ Qome o¢ross no other matters in connection with the examination to which attention
8hould be drawn in this reportin order to enable a proper uoderstanding of th¢ arcounts to b¢ rwh¢d.
Iddlllgton
Chartered Certsfied ACcoUnt￿ts
Alextrn thoup Litnited
Page 5

Luey Griffiths Foundation Ltd
Staten)ent of FAnancial Activltfies for the Year Ended 31 December 2024
(Including Income And Expenditure Account and Statement of Total Recognlsed Gains
and Losses)
TotAI
2024
Unrestri¢t¢d
Note
tneome and EndowmeDt$ from..
IDVWtmeat incorn¢
41,609
41,609
Total income
41,609
41,609
Expeudlture on.
Raisitig fimds
Other expenditure
(15,927)
26,023
(15.927)
26,023
Totsl expenditure
(41,950
{41,950
Net expendAture
341
341
Net movement in fullds
(341)
(341)
Reconclllatlon of funds
Totsl funds brought foThvdrd
485.115
485,115
Total fimds callied forward
14
484,774
484,774
Total
2023
UnrtstrE¢ted
Nole
Incorne ind Endowments from:
Investm¢nt iDcome
40,279
40,279
Total income
40,279
40,279
Expendihtre on:
Raisitig funds
Other expenditur¢
{11,935}
29,373
(11,935)
29,373
Total expenditure
41,308
41,308
Net expenditure
(1,029
1,029
Net movement in fimds
(1,029)
(1.029)
Re¢onclllAdon of funds
Totsl funds brought for¥ward
Totsl fimds carried fonvard
486.144
486,144
14
485,115
485,115
The notes on pages 9 to 14 forni aD ititegral part of thes¢ fmauoia] stalem¢nts.
Pag¢ 6

Luey Griffitbs Foundation Ltd
(Registrydtion number: 05290948)
(Charity number: 1108242)
Balance Sheet as at 31 Deeember 2024
2024
2023
Nots
Flxed ass•ts
Tangillle assets
Investments
70
1.195,500
I,J95570
4,924
1,167.500
1,172.424
io
Current assets
Debtors
Cash at bank aDd io hand
4,293
I,938
1,178
3,116
7.665)
5,609
Credltors: Amounts falling due one year
12
(13.534)
Net ¢urreDt Ii*bllllles
(7.925)
(4,549
Total qssets less ¢urrent MAbllltles
1,187.645
1.167,875
Credltors: Amounts f&lllng due after mtsre than olle year
13
1,663
1,185,982
4.459
Net assets
1,163,416
Funds of the chthty:
Unrestrl¢trd itieome funds
Unrestricted funds
Other reseEVeS
479.681
706,301
485.115
678,301
Totsl unwtricted futtds
1,185,982
1,163,416
Total funds
14
l 185 982
1163.416
The notes on pages 9 to 14 forni an inteBral part of these finattcial Statements.
Pag¢ 7

Lucy Grifflths Foundation Ltd
(Registration number: OS290948)
(Charity number: 1108242)
Balance Sheet as at 31 December 2024
For the fmancial year ending 31 December 2024 the charity was entitled lo exemption from audit under section
477 of th¢ Companies Act 2006 relatin8 to small con)paDieS.
Director's Tesponsibilities".
The members hav¢ not Tequired the charity to obtsin an audit of its accounts for the year in question in
accordonc¢ with section 476. and
The director acknowledges his responsibilities for complyitig wiib the requiyements of the Act with respect
to accounting recon]s and the preparation of accounts.
The friancial statements on pag¢s 6 to 14 were approved by the , and authorised for issue on ...
sigu¢d on his behalf by:
Mr Mt Hugbes
Tnjstee
The notes on pages 9 to 14 forni an integrnl part of th¢s¢ fJnancia] statements.
Pag¢ 8

Lucy Griffiths Foundation Ltd
Notes to the Financial Statements for the Year EDded 31 Deeember 2024
I Charlty 8talu5
The ¢h#rity is limited by guarantee, incorporaled in England & Wales, and collsequently does not have share
capitaI. of the diT￿t￿ is liable to contiibuts all oinoiu)t not ¢x¢eeATtig £10 towards the assets of the Charity
in the event of liquidation.
The address of its registered office is..
Unit D2 Fenton Trade Park
Fenpark Way
Fenlon
Stok¢4)tt-Trnit
ST4 2TE
2 Ac¢ountillg pollci
Summary of sigDifi¢Jnt 4eeountlllg pollcles and key a¢countin% estimates
The principal ￿￿oUntIng policies applied in the pr¢parntion of th¢se finatLcial 8tatemellts aTe set out below.
These polioics have been coD8iStently Appli¢d to all th¢ years presentsd, unless oth¢rwi8e $t8t¢d.
St*t¢m¢nt o(compllance
The financial st4t¢ments have been prepared in accordance with Accowititig and Reporting by CharAties.'
Ststem¢nt of RecotumeDded Prnctice (applicable to ch￿ltieS prep￿illg their ￿cOunts in accordan¢¢ with the
Finattcidl Reporting Standard applicable in the UK &rtd Republic of Ireland (FRS 102)) (issued in Octob¢r 2019)
- (Charities SOIIP (FRS 102)), the Financial Reporting Stand&Td applicable in the UK alld Repllblic of Ireland
(FRS 102) #ndih¢ Companies Act 2006.
Basts of preparatlon
Lucy Griffiths FouDdpAtion Ltd meets the definition of 8 public benefit entity undet FRS 102. Assets and
liabilities are initially wognised at Iltstorical cost or transaction value unless otheThvAse stated in the relevunl
ccounting policy not¢s.
Incomt and endowmenls
All income is Tecogniscd once th¢ charity h&8 ¢rttitlement to the income, it is probable that the income will be
received and th¢ amount of the income receivable can be measured ieli8bly.
Expenditure
All expenditwe is recognised once th¢re 18 a legal or constructive obligatioo to that ¢xp¢nditure. tt is probable
settlement is required and the amowit can be measured Teliably. All Costs are auocated to the applicable
expenditure b¢ading tbat Oggregatc similar costs to that cat¢gory. Where Costs ¢allnot be directly attrAbul¢d to
particular headings they hav¢ been allo¢at¢d on a b3S&S CODSiStertt witb the of re8our¢es, ¢¢ntsal staff
oosts A]located on tbe bA8is of tim¢ spenL and depreciation charses allooatsd on the portlon of the asset's U8e.
Other support costs are allocated based on the spread of stsff costs.
TaDgible fixed ws$ets
Expenditure is cJpitalised on fixed assets in accordan¢¢ with cwrent accounting principals.
Page 9

Lucy Griffiths Foundation Ltd
otes to the Financial Statements for the Year Ended 31 December 2024
Dèpreeiation aDd amortlsatfon
Depreciation is providcd on tsngible fixed assets so as to write off thc cost or valuation, Ic5s any estimated
Tesiilu81 value, over their expected weful cconomic lif¢ as follows..
Asset ¢lass
Furniture and equipment
Motor vehicles
Depretiatlon method and rate
20b/• rethicing balance basis
250/0 reduciDE balance basis
Inv¢stment propertles
JJ)v¢stm¢nt property is carried at fair value. derived from the current market prices for compardble properti¢s.
Changes in fair value are recogjiscd in oth¢r reserves and are not distsibutable.
Fund structure
Unre8tri¢ted incotne fi)nds are gener81 funds that 8r¢ avoilabl¢ for use at the directovs discretiott in fi]rtkneran¢e
of the objectives of lh¢ charity.
3 Investment income
UnrtStri¢ted
fullds
Genergl
Total
2024
Total
2023
tncome from rents
41,609
41,609
40,279
Unrestrfteted
ds
General
Total
funds
tocom¢ from r¢uts
41.609
41,609
Total for 2024
41,609
41.609
Totsi for 2023
40,279
P88e AQ

Lucy Crlffiths Foundation Ltd
Notes to the FAnanci21 Statements for the Yep4r Ended 31 Deeember 2024
4 Expemdlture rafskng funds
a) Investmejrt managemellt Costs
Unrestrlcted
Total
2024
Totol
2023
GeDeral
Allocated SUPPDrl cos¢8
15,927
15,927
11,935
15,927
15,927
11,935
5 Expendlture on eh*ritable actlvitles
Unrestrieted
fuDds
Genernl
Total
funds
Note
Governance costs
5.093
5.093
In addition to th¢ ¢xpenditttre all￿Ysed above, there ar¢ also governance costs of £5,093 (2023 - £Nil) which
relate dir¢¢iLy to charitable ￿tiVitieS. See notc 7 for fijtther details.
6 Expenditure
Unrestrlcted
Fullds
Total
2024
Total
2023
General
Legal fees
D¢pr￿latioll, ￿n￿rtIsatiOn and other 8in)ilar costs
Other resources expettded
4,732
4,054
17,237
4.732
4,054
17.237
6,076
1,635
21,662
29,373
26.023
26,023
Page 11

Lucy Griffiths Foundation Ltd
Notes to the FiDancial Statements for the Year Ended 31 December 2024
Taiatloll
The charity is a ￿giStered charity and is therefore exempt from taxation.
7 Analysis olgovernftnte f4nd sUPPOrt ¢o¥ts
GoveTnan¢e costs
Unr￿trIcted
funds
General
Total
funds
Oth¢r gov¢rnall￿ ¢0sts
5,093
5,093
Totsl for 2024
5,093
5,093
8 Staff costs
The monthly averdge number of persons (includtng sellior n￿llageMent I leadership team) employed by the
charity duriDg the y¢8r exprnssed as fijjl time equivalents was as follows".
2024
2023
Director
Page 12

Lucy Griffiths FouDdation Ltd
Notes to the Financlal Statements for the Year Ended 31 Deeember 2024
9 Tanglble fix¢d assets
Furnfitsre and
equlpment
Motor vehldes
TotAI
Cost
At l January 2024
Disposals
1,055
7,200
8,255
7,200
At 31 Decemb¢r 2024
1,055
1,055
Depredallon
At l Jaou8ry 2024
Charge for the year
Elimina￿ on disposals
968
17
2.363
3.331
17
(2,363
(1363)
At 31 Decetnber 2024
985
985
Y4et b(￿k value
At 31 Deceothr 2024
70
70
At 31 D¢cemb¢r 2023
87
4,837
4,924
lo Fhed asset investments
2024
2023
Jnve8tm¢nt properti¢5
1,195.500
1167.500
IDY¢$tment properties
Investment
properties
Co8t or V￿￿￿110￿
At l January 2024
Revaluatioll
1,167,500
28.000
At 31 D¢oember 2024
1,195,500
Provlslon
At 31 December 2024
Net book value
At 31 December 2024
1,195 500
At 31 Decellther 2023
1 167 500
Pagc 13

Lucy Griffitbs Foundatlon Ltd
Notes to the Finydncial Stydtements for the Year Ended 31 December 2024
IX Debtor8
2024
2023
Other debtor8
1,938
12 Credltor8: amoiiDts due iylthln one year
2024
2023
BaT& lo￿$
Trad¢ ¢r¢ditors
Otbor ￿edItOrS
2,795
1,295
2,727
4,938
7,665
13.534
2024
13 Credltors: amounts falling due thfler one yexr
2024
2023
Ba￿k loatL
1.663
4.459
14 FTmd5
Bglanee at JI
December
2024
Balance At I
January 2024
Jn¢oming
resourc
Resources
expended
Unre8trlcted funds
G¢neral
485,115
41,609
47.043
479,681
BYdl•nce a131
December
Balanee at I
Jlnuary 2023
Incon￿llE
resour¢es
Resourees
expended
2023
Unre$trfi¢ted fynds
Genernl
486.144
40.279
41,308
485,115
Page 14

Luey Griifrtbs Foundation Ltd
Statement of Financlal Activitles by fund for the Year Ended 31 Deeember 2024
Unrestrlcted Funds
Total
Tot41
Unr¢stricted Unrestricted
Funds
Funds
2024
2023
lllcome wnd Endowments from:
Investment income
41,609
40,279
Totsl income
41.609
40,279
Exptndlture on:
Raising funds
Cbaritable act&viti¢s
Other cxp¢nditure
Totsl ¢xpenditttre
Net expenditure
Net movement in funds
(15,927)
(5,093>
26.023
(11,935)
29,373
47,043
41,308
5,434
1,029)
(5,434)
(1,029)
Ree(fvnclllgtlon of funds
Total fund8 brougbt forward
Total fund8 carried forward
485,115
486.1
479.681
485.115
This page does not forni part of the stathtory fmancial statemeDts.
P8ge 15

Lucy Crlffiths Foundatlon Ltd
Detalled Statement of Fknaneial Aetivities for the Year Ended 31 December 2024
TotAI
2024
Tolal
2023
Income and Endowments from:
Investm¢nt income {anaiysed below)
Total incolne
41.609
40.279
41.609
40,279
Expenditure on:
Raising funds (analysed below)
Cbwitsble activitie8 (analysed below)
Other expenditure (analysed below)
(15.927)
(5,093)
(26,023)
(11,935)
(29,373)
Total expenditure
(47.043
41,308
Net expenditt￿¢
(5.434
1,029)
Net movement in fund8
(5,434)
(1,029)
RLYonciIiy4tion of ￿Thd$
Total funds brousbi foThard
Total fund8 cwried forward
485.115
486,144
479.681
485,115
This pag¢ do¢s not fonn part of th¢ statutory finaDcial ststements.
Pagc l6

Lucy Criffiths Foundatlon Ltd
Detalled Statement of Financial Activities for the Year Ended 31 December 2024
Total
2024
Totsl
2023
Investmenl income
Rentsl incom¢
41,609
40,279
41.609
40.279
Raisingfvnds
RepairJ and mainteDaDce
(15,927
15.927
11,935
11,935
Charilable actlvltie
Rates
Ligb¢ heat andpower
Computer software and maint¢nAnce
(3,894)
(960)
(239
Other
Commissions payable
Rent (administration)
Insurance
T¢l¢phone and fax
Motor expenses
Vehi¢le hire
Piinting, postage and Stationery
A¢couDtancy fees
Legal and profes8Aonal fe¢s
Sunthy expenses
Cleatiing
Bank Charges
Loss on sale of tattgibie fixed 8ss¢ts b¢ld for charity's OWD Use
Depreciation of fixtur¢s aod fitttngs (owmed)
Depreciation of motor vehicles (owned)
Loan interest
(3.599)
(1,734)
(2.846)
(3.484)
(1,500)
(50)
(6,377)
(9,487)
{51)
(S.826)
(250)
(64)
(95)
(338)
(3,515)
(4,562)
(221)
(4,732)
(75)
(536)
(4,037)
(17)
(22)
(1,613)
216
149
26,023
(29 373)
This page does noi forn) part of the stattjtory finall¢ial 5tatemeJTrts.
Pag¢ 17