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← The Lollipop Foundation

2024-06-30-accounts

The Lollipop Foundation The Lollipop Foundation The Lollipop Foundation 1132909 1132909
Receipts andpayments accounts CC16a
For the period
from
~~ee~~		 Period start date
01.07.2023		 Period end date
To
30.06.2024
~~e~~
Section A Receipts and payments
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income from investments
51,786		 - - 51,786 39,493
Interest received
7,900		 - - 7,900 1,982
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -

Sub total (Gross income for 59,686 - AR)

Sub total(Gross income for
(Gross income for
AR)		 59,686 - - 59,686 41,475
A2 Asset and investment sales,
(see table).
Sale of investments
-
-
1,463,076
1,463,076
758,530
-
-
-
-
-
Sub total -
-
1,463,076
1,463,076
758,530
Total receipts
59,686
-
1,463,076
1,522,762
800,005
~~S555~~
A3 Payments
Grants awarded 76,000 - - 76,000 75,000
Investment manager fees (VAT inclusive)
- - 8,802 8,802 8,599
Trust Management fees (VAT inclusive)
14,279 - - 14,279 14,431
Independent Examiners fees 780 - - 780 780
Cash management fee 365 - - 365 97
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 91,424
-
8,802
100,226
98,907
A4 Asset and investment
purchases, (see table)
Investmentpurchases
-
-
1,438,052
1,438,052
760,340
-
-
-
-
Sub total -
-
1,438,052
1,438,052
760,340
Total payments
91,424
-
1,446,854
1,538,278
859,247
~~——————~~
Net of receipts/(payments)
- 31,738
-
16,222
- 15,516
- 59,242
A5 Transfers between funds
24,973
- 24,973
-
-
A6 Cash funds last year end
51,461
176,197
227,658
288,900
Cash funds this year end
44,696
-
167,446
212,142
229,658
~~===>>~~

CCXX R1 accounts (SS)

18/02/2025

1

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

Unrestricted
Restricted		 Endowment
Categories Details funds
funds		 funds
to nearest £
to nearest £		 to nearest £
B1 Cash funds -
-
167,446
44,696
-
-
-
-
-
44,696
-
167,446
Total cash funds
Capital account
Income account
~~SS~~
(agree balances with receipts and payments (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 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~—_——~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B3 Investment assets Endowment
-
2,055,318
-
-
-
-
-
-
-
-
Investment portfolio
~~a~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~tee~~
Fund to which
Amount due		 When due
Details liability relates
(optional)		 (optional)
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
CCXX R2 accounts (SS)		 -
-
-
-
Date of
approval
Print Name
Matthew Winterbottom on behalf of
Ludlow Trust CompanyLimited
Signature
2
18/02/2025
~~—=~~

CCXX R2 accounts (SS)

Trustees’ Annual Report for the period

From 01 July 2023 To 30 June 2024

Charity name: The Lollipop Foundation Charity registration number: 1132909

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The objects of the Trust are to further such
objects or purposes which are exclusively
charitable according to the law of England
and Wales, in any part of the world and in
such manner as the trustees may in their
absolute discretion think fit.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 In furtherance of the charity’s objects for the
public benefit the trustees provide grants.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 In determining the charity’s activities, the
trustees have had regard to the Charity
Commission’s guidance on public benefit.
Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:
SORP reference
Policy on grant making Para 1.38
Policy on social investment
including program related
investment		 Para 1.38
Contribution made by
volunteers		 Para 1.38
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 During the year under review the charity
made four grants as follows:
Royal College of Surgeons (pump priming)
£10,000
Royal College of Surgeons (Research
Fellowship) £65,000
Sir Roy Caine Prize for Art £500
Sir Roy Caine prize for Science £500
Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:		 Additional information (optional)
Youmay choose toincludefurtherstatementswhererelevant about:
Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 At the end of the reporting period the charity
had free reserves of £44,696 (2023:
£51,461).
In addition to the free reserves the charity
has bank balances of £167,446 (2023:
£176,197) and investments valued at
£2,053,318
within
the
expendable
endowment fund.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Trustees pursue a policy of maintaining
a free reserve available to be spent in the
furtherance of the charity’s objectives as
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other Expendable endowment funds are those
which are required to be invested to produce
income but which may be transferred to
unrestricted funds at the discretion of the
trustees in order that they may be expended
in furtherance of the charity’s objectives.
Unrestricted income funds are available for
use at the discretion of the trustees in
furtherance of the general objectives of the
charity and which have not been designated
for other purposes.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust deed dated 09 November 2009
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees are appointed by the settlors or
their survivors of them and subject to this by
the trustees from time to time.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51

Relationship with any related
parties		 Para 1.51 No trustee received any remuneration nor
reimbursed any expenses in the year under
review.
During the year Ludlow Trust Company
were paid fees for trust administration
services of £14,279. These fees are
authorised under clause 6 of the trust deed.
Other

Reference and Administrative details

Charity name The Lollipop Foundation
Other name the charity uses
Registered charity number 1132909
Charity’s principal address Trustees Department
1stFloor, Tower Wharf
Cheese Lane, Bristol
BS2 0JJ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Lady Patricia Doreen
Calne		 Settlor
Susanne Calne
Professor Paul
Nicholson
Ludlow Trust
CompanyLimited

18 19 20

– 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

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements 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 adviser Name Address
Investment Managers NatWest Bank Plc 440 The Strand, London, WC2R 0QS
Bankers NatWest Bank Plc 440 The Strand, London, WC2R 0QS
Accountants KJF Accounting Limited 17 Sheringham Avenue, Southgate,
London, N14 4UB

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

~~|~~

Exemptions from disclosure

Reason for non-disclosure of key personnel details

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) ~~oe~~ Full name(s) Matthew Winterbottom on behalf of Ludlow Trust Company Limited Position (eg Secretary, Chair, etc) ~~———~~ Date ~~|~~

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Lollipop Foundation On accounts for the year ended Charity no (if any) 1132909 30th June 2024 Set out on pages 1 to2 i iernttnber lo iiiclude Ilie pdge nunibers ol addilioiial sheelsl I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 30th June 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 the applicable Directions given by the Charity Commission under section 145{5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Signed: Date: 11-UL- g Name: Mr Keith Felton Relevant professional qualification(s) or body (if any): ACCA Address: KJF Accounting Ltd, 17 Sheringham Avenue, Southgate, London N14 4UB Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). IER October 2018

Give here brief details of any items that the examiner wishes to dlsclose. IER October 2018

2025-02-24Lollipop-Accounts

Final Audit Report

2025-02-24

Created: 2025-02-24 By: Estera Rzepus (Estera.Rzepus@ludlowtrust.com) Status: Signed Transaction ID: CBJCHBCAABAAx5yb8b4cenuoFLZ8KT3TGYtaZA21Jdm2

"2025-02-24Lollipop-Accounts" History

2025-02-24 - 2:36:33 PM GMT

Document emailed to Matthew Winterbottom (matthew.winterbottom@ludlowtrust.com) for signature 2025-02-24 - 2:36:38 PM GMT

Agreement completed.

2025-02-24 - 5:11:09 PM GMT