Trustees’ Annual Report for the period
From 01/08/2018 Period start date To 31/07/2019 Period end date
Charity name: The Adderstone Foundation
Charity registration number: 1113630
Objectives and Activities
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SORP reference
Summary of the Para 1.17 The objects of the charity are the
purposes of the charity promotion for the public benefit by all
as set out in its or any of the following means:
-
governing document general charitable purposes
-
the provision or assistance in
the provision of recreational
and or sporting facilities for the
public at large and or those
who, by reason of their youth,
old age, infirmity or
disablement, poverty or social
and economic circumstances
need such facilities.
-
The promotion of arts and
culture
Such other means as may from time
to time be determined subject to the
prior consent of the Commissioners
Summary of the main Para 1.17 and The Adderstone Foundation supports
1.19
activities in relation to and provides funds for important
those purposes for the charities and causes. We're based in
public benefit, in Newcastle upon Tyne but we don't just
particular, the activities, focus on the North East, we aim to
projects or services make a positive impact on people’s
identified in the lives both within the UK and further
accounts. afield.
Based in Newcastle upon Tyne,
Adderstone Foundation focuses its
efforts on funding projects, initiatives,
events and programmes across four
key areas:
Health - Supporting projects where
the health and well-being of people is
at the centre of the cause, whether
this be physical, social or mental
health. We understand that the key to
many patients' recovery is the vital
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help and support that many charities
provide. Without fundraising, they are
unable to offer advice and guidance
to those in need or their friends and
family who are also affected by their
condition.
Education - Through our links with
schools and educational charities,
Adderstone Foundation strives to be
able to support educational charities,
projects and programmes. We
endeavour to improve access to
educational tools, equipment,
methods and teaching for both
children and adults.
Community - Adderstone Foundation
welcomes the opportunity to make a
difference in the community in which
we are based and to benefit
communities further afield. Through a
wide ranging mix of community
projects the Foundation has been able
to build up significant links and
support networks with other charities
and community groups.
Sport - Adderstone Foundation is a
huge supporter in enabling access to
quality sport, for adults and children.
We harness the power of sport to
bring people together, to encourage
networking, to tackle social exclusion
and to create participation in a vast
range of areas.
Adderstone Foundation has become a
keen supporter of many thriving
sporting clubs, enabling more people
to be positively engaged in sport and
our work in this area has enabled
those that may not typically have
access to certain sports, the
opportunity to participate, grow
confidence and improve fitness.
We confirm the trustees have had
regard to the Charity Commission’s
guidance on public benefit.
Statement confirming Para 1.18 Pursuant to Section 17(5) of the
whether the trustees Charities Act and the Charities
have had regard to the (Accounts and Reports) Regulations
guidance issued by the 2008 the Charity Trustee has taken
Charity Commission on due regard of the guidance on public
public benefit benefit issued by the Charity
Commission when exercising its
duties.
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Additional information (optional)
You may choose to include further statements where relevant about:
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SORP reference
Not applicable, this charity does not
Para 1.38 provide grants.
Policy on grant making
Not applicable, this charity does not
Para 1.38 make investments.
Policy on social
investment including
program related
investment
Para 1.38
Contribution made by
volunteers
Other
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Achievements and Performance
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SORP reference
By supporting staff members during
the year with their sporting and
charitable endeavours we have helped
Summary of the main
Para 1.20 raise much needed funds for:
achievements of the
charity, identifying the
difference the charity’s Alzheimer’s Society is the UK’s
work has made to the leading support and research charity
circumstances of its for people with dementia, their
beneficiaries and any families and carers.
wider benefits to society
as a whole.
NSPCC is the UK's leading children's
charity, preventing abuse and helping
those affected to recover.
The British Red Cross helps people
in crisis, whoever and wherever they
are. They are part of a global
voluntary network, responding to
conflicts, natural disasters and
individual emergencies.
The Good Will Cause raises funds
and donates them to the North of
England Children’s Cancer Research
Fund specifically to support the
Lymphoma Research Team at Northern
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Institute for Cancer Research.
Rosemere Cancer Foundation
supports world class cancer treatment
throughout Lancashire and South
Cumbria.
Rainbow Trust Children’s Charity
enables families who have a child with
a life-threatening illness to make the
most of time together; providing
expert practical and emotional
support, where they need it, for as
long as it is needed.
Momentum, supporting patients and
families through the cancer journey,
and make it more bearable in any way
they can.
People’s Kitchen support homeless
and disadvantaged people in the
Newcastle area, and have been doing
since 1985.
Mary's Meals sets up school feeding
programmes in some of the world's
poorest communities, where hunger
and poverty prevent children from
gaining an education.
Club Peloton is a grant making
charity that specialises in using
cycling as a way to build business
networks within the property industry.
North East Visually Impaired
Tennis Club aims to provide and
promote opportunities for people who
are blind or have severe visual
impairments to participate in tennis.
The Royal
National Lifeboat Institution was
founded in 1824 and it's saved
139,000 lives since then.
The RNLI provides, on call, a 24-
hour lifeboat search and rescue
service - it has a fleet of more than
330 lifeboats
Cardiac Risk in the Young offers
personalised help, support, and
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| information to young people, between |
|---|
| the ages of 12 and 35 who have been |
| diagnosed with a life-threatening |
| cardiac condition. |
| The Smile Train has always |
| championed partnering directly with |
| local hospitals to strengthen health |
| systems and empower local medical |
| professionals to ofer surgical services |
| and comprehensive cleft care to |
| children in their own communities |
| Beat SCAD’s mission is to increase |
| awareness of Spontaneous Coronary |
| Artery Dissection condition that is |
| currently under-diagnosed |
| The MS So ciety funds research and |
| support for people living with multiple |
| sclerosis |
| People's Kitchen - Christmas Jumper |
| Day – Suggestion from a member of |
| staf to donate towards their annual |
| ‘Give a homeless person a Christmas |
| lunch’ - campaign. It raised a record |
| breaking amount of in excess of £80k |
Additional information (optional)
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Not applicable, no fundraising
undertaken
Performance of
fundraising activities Para 1.41
against objectives set
Not applicable, no investments
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 At the end of the financial year the
financial position at the charity is in a healthy position with no
end of the period debtors or creditors and no
outstanding loans.
Statement explaining Para 1.22 The Reserve Policy for The Adderstone
the policy for holding Foundation is to hold a sum
reserves stating why equivalent to 2 months average
they are held expenditure. This will be sufficient to
meet any unforeseen item, of major
expenditure and be able to continue
in the short term.
Amount of reserves held Para 1.22 £3,482
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially Para 1.24 Not applicable
in deficit
Explanation of any Para 1.23 No concerns
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Deed of Trust
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed by The Donor during his
methods including lifetime or by such other person or
details of any persons or body as the Trustees may
constitutional provisions nominate in writing for that purpose.
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name The Adderstone Foundation
Other name the charity
uses
Registered charity 1113630
number
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| Charity’s principal address |
Nelson House, The Fleming, Burdon Terrace, Jesmond, Newcastle upon Tyne, NE2 3AE |
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Dr I R Baggett
Mrs A Harrison
2
3 Mrs N Baggett
4
5
6
7
8
9
10
11
12
13
14
15
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others
Description of the assets Not applicable held in this capacity
Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements Not applicable for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details Not applicable
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Dr IR Baggett BSc (Hons) PhD
Position (eg Trustee Secretary, Chair, etc)
Date 19 May 2020
CHAR TERED CERTIFIED ACCOUNTANTS & STATUTORY AUDITORS 20, December 2022 The Trustees of The Adderstone Foundation Nelson House The Fleming Burdon Terrace Jesmond Newcastle upon Tyne Ne2 3AE Dear Kevin Please find enclosed the Independent Annual Report and Accounts Audit for The Adderstone Foundation year ended 31" July 2022 We are pleased to report the Accounts have passed a clean Audit and we can confirm they are free from any material errors. Should you have any queries please do not hesitate to contact us. We look forward to hearin8 from you. Yours sincerely ForTR Dixon & Co Ltd Will Clifton FCCA CHARTERED CERTIFIED ACCOUNTANTS I STATUTORY AUDITORS T.-.l 0191232 £fi28 AceA
CHARTERED CERTIFIED ACCOUNTANTS & STATUTORY AUDITORS The Adderstone Foundation Independent Annual Report and Accounts Audit For the year ended 31" July 2022 TR Dixon & Co Ltd Chartered Certified Accountant5 Statutory Auditors Bermuda House IA Dinsdale Place Newcastle upon Tyne NE2 IBD CHARTERED CERTIFIEO ACCOUNTANTS I STATUTORY AUDITORS T+il. v191 23? 2628 ACCA
CHARTERED CERTIFIED ACCOUNTANTS & STATUTORY AUOITORS We have audited the Annual Report and Accounts for the year ended 31" July 2022, which have been prepared from the accounting records, information and explanations provided to us by The Adderstone Foundation. Respective responsibilities of The Adderstone Foundation and Independent Auditor The Adderslone Foundation are responsible for keeping proper, complete accounting records and for the preparation of the Annual Report and Accounts for the year ended 31, July 2022. It is our responsibility to form an independent opinion, based on our audit, on the Annual Report and Accounts for the year ended 31, July 2022 and to report our opinion to The Charity Commission, to the fullest extent permitted by law, we do not accept or assume 3ny liability to anyone other than The Charity Commission, for thi5 report, or for the opinions we have formed. An audit involves obtaining evidence about the amounts in the statement sufficient to give reasonable assurance that it is free from material misstatement, whether caused by fraud or error. If we become aware of any apparent material mi5Statements or inconsistencies, we consider the implication5 for our report. Basis of opinion We planned and performed our independent audit so a5 to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the Annual Report and Accounts for the year ended 31, July 2022 show a true and fair summary of the accounting records relating to The Adderstone Foundation and is sufficiently supported by accounts, receipt5 and other documents which have been made available lo us. We are not required to express an opinion on the adequacy of any future expenditure. We include appendix A, 8 and C as evidence of the verification of figures provided. CHARTERED CERTIFIED ACCOUNTANTS I STATUTORY AVDITORS 14F: 1BD ACCA -.1 0191 ?6?s
CHARTERED CERTIFIED ACCOUNTANTS & STATUTORY AUDITORS Opinion In our opinion, the Annual Report and Accounts for the year ended 31, July 2022 have been prepared in accordance with the accounting records, information and explanations provided to us, and is sufficiently supported by accounts. receipt5, and other documents. is correctly stated and free of material error. Jennifer O'Toole FCCA 8a (Honsl (Senior Statutory Auditorl TR Dixon & Co Ltd Chartered Certified Accountants Statutory Auditors Bermuda House IA Dinsdale Place Newcastle upon Tyne NE2 IBD Date.- 20t* December 2022 CHARTERED CERTIFIED ACCOUNTAKfs I STATUTORY AUDITORS . Nf.: 180 ACCA TLII. 019128 1 2628
CHARTERED CERTIFIED ACCOUNTANTS & STATUTORY AUOITORS The Adder5tone Foundation Year end 31st Jul 2022 Appendlx A Income Accounts for the year ended 31st July202Z Verified Method Other Donation5 84521 08.12.22 To bank Statement Trustèe5 Donations 72100 08.12.22 To bank Stètement Group Donations 3WOO 08.12.22 To bank statement Total Income 186621 On behalf of T R Dixon and Co Ltd, I can confirrn th3t the f1gures in the accounts are correctly stated and free of rnaterial error. Will Clifton ACCA 20.12.2022 CHARTERED CERTIFIED ACCOUNTANTS I STATVTORY AUDITORS ACCA J2 2628
CHARTERED CERTIFIED ACCOUNTANTS & STATUTORY AUDITORS Thè AddÈrstone Foundation Year eThd 31st Jul 2022 Appeniflx B Expenditure Accounts for the yearended 31stJuly 2022 Verified Method Commission Don8tion RNLI 64 185524 120 192 243 261 08.12.22 To bank Statement 08.12.22 To bank Statement 08.12.22 To bank Statement 08.12.22 To bank Statement 08.12.22 To bank Statement 08.12.22 To bank St3tefflent WWF Just Giving Insurance Total Expenses 186404 Total per Management report 186404 Non Material Error On behalf of T R Dixon and Co Ltd, I c3n confirm that the figures in the accounts 3re correctly stated and free of rn8teri81 error. Will Clifton ACCA 20.12.2022 CHARTERED CERTIFIED ACCOUNTANTS I STATUTORY AUDITORS ACCA
CHARTERED CEFITIFIED ACCOUNTANTS & STATUTORY AUDITORS The Adderstone Foundation Year end 31st Jul 20Z2 Appendix C Bank Accounts Account5 for the year ended 31stJuly 2022 Current Account Barclays 90119210 Verifled Method 1186 08.12.2022 To bank statement Total Bank Balance 1186 On behalf of T R Dixon and Co Ltd, I can confirm that the figures in the account5 are correttiy stated and free of material eryor. Will Clifton ACCA 20.12.2022 CHARTERED CERTIFIEO ACCOUNTANTS I STATUTORY AUDITORS 8<-rmu4.I Hoiii Tc1' 0191 232 1628 ACCA