Trustees, Annual Report for the period Period start date Day 01 Period end date Day Month 12 Year 2022 Year 2022 From 01 Section A Reference and administration details Charity name THE HELEN FOUNDATION Other names charity is known by THF Registered charity number (if any) 1113860 Charity's principal address 3 BROADLANDS SHALDON DEVON Postcode TQ14 OEH Names of the charity trustees who manage the charity Dates acted if not for whole Office (if any) ear Name of person (or body) entitled toa oint trustee ifan Trustee name ROGER KIRK ANNE KIRK ALEXANDER KIRK THOMAS KIRK BEN GALLOWAY LEON WINSTON NICOLA CRUICKSHANK 10 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 ear TAR July 2021 Names and addresses of advisers (Optional information) e of adviser Name Address Name of chief executive or names of senior staff members (Optional information) ROGER KIRK Section B Structure, overnance and mana ement Description of the charity's trusts Type of governing document CONSTITUTION How the charity is constituted TRUST Trustee selection methods APPOINTED BY EXISTING TRUSTEES 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 Ob"ectives and activities TAR July 2021 To support and motivate young people aged 7-19 in all branches of the arts in Teignbridge, South Devon, especially those lacking the financial means, to pursue their artistic ambitions. Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory 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) OPPORTUNITIES increasingly, schools are being urged to develop creative approaches to the curriculum and the arts are destined to play an increased role in developing the talents of young people the Covid-19 pandemic has shone a bright light on just how important the arts are to young people and their well- being young people's enthusiasm for the arts is evergreen and tv programmes such as The X Factor and Strictly Come Dancing are testimony to the wide-spread appeal of the Arts students are studying the arts and media in increasing numbers at university, fed not least by inspired teaching in their schools and the UK is a world leader in the creative industries being locally-based, there is a well of goodwill that the Foundation continues to draw upon success breeds success and each successful venture increases the profile and strengthens the Foundation's credibility as an organization that can deliver for young people there are opportunities to engage further Patrons and establish a sponsorship programme for the Foundation Helen Foundation Awards in schools. Grants to schools to engage professional artists to work with young people. You may choose to include further statements, where relevant, about: policy on grantmaking; policy programme related investment; contribution made by volunteers. THREATS Covid-19 still casts its shadow over schools, as they struggle to balance getting the children up-to-speed with STEM subjects that tends to push the Arts into the background sustaining funding for the charity's work after a bumper year (2021) that celebrated Helen's 40th birthday will be a great challenge and we need to be mindful of the altered national economic circumstances in which charities operate for this reason, a sustainable investment by the charity helps to generate income year on year for the charity curriculum and budgetary pressures in schools means reduced arts activity and fewer opportunities for young people participating in the arts the work of the Foundation falls ve lar on TAR July 2021 the Trustees to carry out and is therefore vulnerable to the availability of their time and energy we are not large enough to consider employing staff so will need to remain realistic about our achievable goals all the work of the Foundation is carried out by volunteers and is therefore limited by their availability REVISION TO SCOPE OF CHARITY'S WORK Trustees decided at a meeting in November 2022 that the charity should focus exclusively on schools. This is in order to concentrate resources on where we see the greatest need, considering the pressures that schools are under to maintain and develop their arts curriculum. The effect of this is to suspend for the foreseeable future disbursements for new bursaries and also for contributions to arts projects involving young people but not within schools. Exisiting bursaries will continue as long as the young person needs them and continues to meet the financial criteria. Section D Achievements and performance TAR July 2021 Section D Achievements and performance Summary of the main achievements of the charity during the year Foundation Awards operating in 10 Teignbridge schools 24 school-based workshops 1200+ young people benefited from THF activities TAR July 2021 Section E Financial review Brief statement of the charity's policy on reserves RESERVES POLICY It is a fundamental principle of the Foundation that its core work should be able to continue despite the inevitable ebb and flow of annual fund raising. It has therefore been agreed by the Trustees that a minimum of £120,000 should be held in secure funds to generate an annual income of approximately £4000. These funds are invested in a bank account and/or a spread of sustainable investments approved by the Trustees. Details of any funds materially in deficit Further financial review details (Optional information) You may choose to include Normally, funding comes from a variety of courses: additional information, where Collecting boxes in business such as pubs and shops relevant about: Donations the charity's principal Income from investments sources of funds (including The charity has adopted a sustainable investment policy any fundraising); All funding supports the objectives of the charity. Being entirely how expenditure has volunteer driven, no salaries are paid and no rentals paid on premises used for the work of the charity supported the key objectives of the charity; investment policy and objectives including any ethical investment policy adopted. Section F Other optional information TAR July 2021 Section G . Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) K M({ Full name(s) Position (eg Secretary, Chair, etc) ROGER KIRK ANNE KIRK CHAIRMAN TRUSTEE Date 2¢J2% TAR July 2021 |**THE HELEN FOUNDATION**||**1113860**||| |---|---|---|---|---| |**Receipts andpayments accounts**||||**CC16a**| |Period start date
01.12.2022
**For the period**
**from**|**To**|Period end date
31.12.2022||| |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Grants & Donations
**13,496**
Interest
**57**
Investment Income
**4,462**
Other
**-**
**-**
**-**
**-**
**-**
**18,015**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 18,015**
**A3 Payments**
Grants & Bursaries
**36,660**
Financial Expenses
**524**
Stationery
**323**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 37,507**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 37,507**
**_Net of receipts/(payments)_ - 19,492**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**_Cash funds this year end_ - 19,492**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**13,496**
**57**
**4,462**
**-**
**-**
**-**
**-**
**-**
**18,015**|**63,527**| |||||**6**| |||||**4,113**| |||||**111**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**67,757**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||**-**| |||||**-**| |||||| ||**-**|**-**|**18,015**|**67,757**| |||||| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**36,660**
**524**
**323**
**-**
**-**
**-**
**-**
**-**
**-**
**37,507**|**17,907**| |||||**1,973**| |||||**200**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**20,080**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||| |||||**-**| |||||| ||**-**|**-**|**37,507**|**20,080**| |||||| ||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**- 19,492**
**-**
**-**
**- 19,492**|**47,677**| |||||**-**| |||||**-**| |||||**47,677**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
Santander Bank
Co-Op Bank
Paypal
**Details**
**Details**
Eden Tree Investments
Eden Tree Investments
Bailie Gifford
Rathbone
Royal London
**Details**
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**63,079**
**-**
**25,883**
**-**
**2,895**
**-**
**91,857**
**-**
Agreement Error
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**Amity Balanced**
**60,000**
Amity Global Equity
**20,000**
Global Equuity
**10,000**
Ethical Bond
**20,000**
Sust Mge Inc
**10,000**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
R M Kirk
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**50,450**| ||||**23,592**| ||||**11,618**| ||||**16,266**| ||||**7,740**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||R M Kirk|| ||||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Rep