2024-03-31-accounts - The Marmont Foundation

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Trustees' Annual Report for the period Period start date Period end date

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||||||||| |---|---|---|---|---|---|---|---| |From|01|April|2023|To|31|March|2024| |Section A Reference and administration details| |Charity name|The Marmont Foundation| |Other names charity is known by| |Registered charity number (if any)|1110004| |Charity's principal address|c/o Browne Jacobson LLP| |Mowbray House, Castle Meadow Road| |Nottingham| |Postcode|NG2 1BJ| |ee| |Names of the charity trustees who manage the charity| |Dates acted if not for whole|Name of person (or body) entitled| |Trustee name|Office (if any)| |year|to|appoint|trustee|(if any)| |1 Anthony Marmont|Settlor| |2 David Brian Sykes|Chair|Up to 15/01/2024| |3 Paul Nicholas Rowley|Trustee/Chair|Chair from 15/01/2024| |4| |5| |6| |7| |8| |9| |10| |11| |12| |13| |14| |15| |16| |17| |18| |19| |20| |==| |Names of the trustees for the charity, if any, (for example, any custodian trustees)| |Name|Dates|acted if not for whole|year| |Martin Alan Smith| |Paul David Fleming|

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Section A Reference and administration details

TAR

March 2012

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Solicitors	Browne Jacobson LLP	Mowbray House, Castle Meadow, Nottingham, NG2 1BJ
Accountants	UHY Hacker Young LLP	Quadrant House, 4 Thomas More Square, London, E1W 1YW

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Trust deed

Type of governing document (eg. trust deed, constitution) Charitable Trust How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Appointed by Settlor(s)

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include 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

Summary of the objects of the charity set out in its governing document

Promotion of research and education about the causes and effects of global climate change and how to mitigate its effects and stem its progress.

TAR

March 2012

Promotion of and research and development / implementation of renewable energy systems.

Mitigation of the effects of climate change by increased use of renewable energy.

Reduced use of fossil fuels.

Advancement of the education of the public in general (and particularly amongst scientists) on the subject of renewable energy and sustainable development, mainly in collaboration with local universities and professional bodies.

Summary of the main activities undertaken for the professional bodies. public benefit in relation to these objects (include within The Trustees confirm that we had regard to the public benefit guidance this section the statutory PB1, PB2 and PB3 when making decisions to which they are relevant. 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)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The charity has continued to be involved with a ‘Green Hydrogen’ project at Nottingham Trent university, which also has the potential to have value in the field of ADP (Alzheimer’s, Dementia and Parkinson’s) research. During late 2023 and early 2024, meetings have been held with the team at NTU to explore means to continue the cooperation.
Following a change in the chairperson of the charity due to illhealth, progress has been made in the development of the charity’s wider grant funding and other strategies, governance and oversight approach, with the aim of implementing this during 2024/25.
The solar farm constructed by West Beacon Solar Ltd (which is wholly owned by the Charity) continued to operate effectively during 2023, resulting in ongoing income for the company during the financial year.

TAR

March 2012

Section E Financial review

Brief statement of the The Trustees aim to keep around £50,000 in reserves to enable the charity’s policy on reserves Charity to continue support to the selected projects. The Settlor has agreed to contribute additional funding, as required, to comply with this policy. Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include The Settlor funds the Charity from his own personal financial resources. additional information, where relevant about: • 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. ~~tL~~ Section F Other optional information ~~__~~ Section G Declaration The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Paul Rowley Position (eg Secretary, Chair, Chair and Trustee etc) Date 27/01/2025

TAR

March 2012

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||||||||| |---|---|---|---|---|---|---|---| |The Marmont Foundation|1110004| |Receipts and payments accounts|CC16a| |For the period|01-Apr-23|31-Mar-24| |To| |from| |es|ee|Oo| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £| |A1 Receipts| |Donations from settlor|24,000|-|-|24,000|-| |Gift aid reclaim|6,295|-|-|6,295|55,202| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |AR)|[ 30,295 ]|-|-|30,295|55,202| |A2 Asset and investment sales,| |(see table).| |-|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|-|-| |Total receipts|30,295|-|-|30,295|55,202| |—|—| |A3 Payments| |Legal and professional fees|12,148|-|-|12,148|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|[ 12,148 ]|-|-|12,148|-| |A4 Asset and investment| |purchases, (see table)| |-|-|-|-| |-|-|-|-| |Sub total|[ - ]|-|-|-|-| |Total payments|———|[ 12,148 ]|-|-|——|12,148|-| |Net of receipts/(payments)|18,147|-|- 18,147|55,202| |A5 Transfers between funds|-|- -|-|-| |A6 Cash funds last year end|203,804|- -|203,804|148,602| |Cash funds this year end|221,951|-|- 221,951|203,804|

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CCXX R1 accounts (SS)

27/01/2025

Section B Statement of assets and liabilities at the end of the period

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Cash at bank|221,951|-|-| |-|-|-| |-|-|-| |Total cash funds|221,951|-|-| |SEEE| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|Loan to West Beacon Solar Limited|65,000|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |===>| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |===| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |===| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|-| |-| |-| |-| |-| |—==_—| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |Paul Rowley|27/01/2025|

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CCXX R2 accounts (SS)

27/01/2025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees The Marmont Foundation On accounts for the year ended 31 March 2024 Charity no (if any) 1110004 Set out on pages 1to7 I report to the trustees on my examination of the accounts of the above charity ('Ihe Trusv,) for the year ended 31 March 2024. Responsibilities and basis ot report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance With section 130 of the Charities Act. or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true 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 which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 21 -J,fjrvMK.4) 1015 Name: Rachel Chim Relevant professional qualification(s) or body (if any): ACCA Address: UHY Hacker Young, Quadrant House, 4 Thomas More Square London E1W 1YW IER Oct 2018

Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018