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2021-12-31-accounts

Summary ofthe main
achievements
ofthe charity
during the year
Summary ofthe main
achievements
ofthe charity
during the year
~
~
~
Foundation
Awards operating
in 10Teignbridge
schools
T individual
bursanes
awarded
21 school-based
workshops
1200+young people benefited
from THF activities
THF 40for40 campaign
celebrating
Helen's 40'"birthday exceeds
f40,000 fund-raising
target to raise f60,000
~ Successful fund-raising
allows THF to create The Helen
Foundation
Arts Recovery Fund (THFARF) that more than
doubles the 2020 amount available to schools to spend on arts
activities. For 2021, primary schools were offered &000, and
secondary
and special schools f2000. Schools will be able to
continue to draw on the THFARF during 2022-2023
0
RESERVESPOUCY
Briefstatement ofthe
charity's
policy on reserves
~
it isafundamental
principle ofthe Foundation that its core work
should be able to continue despite the inevitable ebb and flow of
annual
fund raising.
~
Ithas therefore been agreed
by the Trustees
that a minimum of
f120,000 should
be
held
in secure funds to generate
an annual
income ofapproximately
f4000. These funds
are invested in a
bank account and/or a spread of ethical investments approved by
the Trustees.
Details ofany funds materially
in deficit
Further financial
review details
(Optional
information)
You may choose to
additional
information,
include
where
~ The charity benefited
in
40for40 campaign
2021 from exceptional
income from the
THf
relevant about: ~ Normally,
funding comes from avariety ofcourses:
~ the charity's
principal
sources offunds (including
- Collecting boxes in business
such as pubs and shops
- Donations
- Income from investments
any fundraising); ~ The charity has adopted a sustainable
and ethical
investment policy
how expenditure has ~ All funding
supports
the
objectives ofthe charity. Being entirely
supported
the key
objectives volunteer
driven,
no salaries are paid and no rentals
paid on premises
ofthe charity; used forthe work ofthe charity
~ investment
policy
and
objectives including any
ethical investment policy
adopted.