Reports & Financial Statements For the year endéd'31 December 2022" BC Partners.Foundation nllilliNIIII 'A(038KV3" COMPANIES HI)USE
BC Partners Foundation Contents ' Charity information ".Report of the Board of Management Independent auditorfs rep)rt Stot¢ment of financial artiwtie5_ io "Balance Sheet li Statement of Cash Flows 12 Notes to the financial statementS' 13-18
BC Partners Foundation Cgmpany re8i51ration no. 07260058 Charity information Charity re8lstration number- 1136956 Company registration number: 07260058 Registered office: 410 Portman Square London WIH 6DA Bankers: Royal Bank of Scotland _ -250 Bishop5gate London EC2M 4AA Independent auditor.. Malar5 LLP 6 Sutton Plaza Sutton Court Road Sutton Surrey SM14FS Trustees: Nikos Stathopoulos Cedric Dubourdieu Matthew Evans Laurian Douin lappointed 21 July 20221 Jan Kengelbach (resigned 21 July 20221 Francesco Loredan Iresigneil 8 February 20231
BC Partners Foundation Company regislration no. 0726tX)$8 Report of the Board of Management Introdu¢tlon During 2022.the Trustees of the Foundation continued to promote charitable giving arnongst 8C Partners and it5 employees. Thi5 Was achieved through continued emphasi5 on financial support for good causes intluding the donation matching scheme, and encouragement and support for all employees to support charities by givin8 UP their time. The Foundation 8oard of Trustees 15 made up of senior BC Partners personnel and is represented in all BC -Partners offices worldwide by a local representative. The Foundation wntinuesto be principally funded by.BC Partners with a'continued higherproportion otdonations being recei¥edfrorn employees. Charitable givi and activities During the year donations received have increased to £608.091 from £437,683 in 2021. an increase of 39%. Of total donation5, 62% relates to donations from the 8C Partner5 group reflerting the c()ntinued"presence that the Foundation has wthin the firm. Donation5 have beerl.made to a broad-range of charities around the. world. which can be divided into three areas.. lil community development le.g.. infrastructure investments. development" aid. health care ifnprovementsl; lill environmentèl con5eFvation {e.& pollution redurthon. natur31 PTe5eTvation, ¢lean technologies).. and liiil arts & education le.& educational. scholastic or artistic programsl. A list of the charities supported by the Foundaiion can be found at htt www.bc artners.com about foundation The Foundation does not support unsolicited requests for donation5 but only 5UPPOrts ¢haritie5 nominated by 8C partne emp.l¢)yee5 and alumni. Responsible In¥estment at BC Partners The BC Partners Foundation is a cornerstone in BC Partners. o¥erall responsible investment strategy. As a signatory of the UN Principle5 for Resp.on5ible Investment l-UNPRI-l. Environmental. St)cial 4nd Governance I'ESG") issues and con5ideration5 not only affect investrnent decisions. but are a150 engrained in the thinking of 8C Partners. employeès. The Creation of the BC Partners Foundation was a natural addition to BC Partners. ESG approach to responsible investment. Report and audited flnancial statements The Board, actin8 as Trustee5, presents the report and audited financial statements for the year ended 31 December 2022. These have been prePad in accordance wtih the Charity SORP IFRS 1021, the Memorandurn and Articles of Association of the company and the provisions of the Companies Act 2006.
BC Partners Foundation Company reiistration no. 07260058 . Report of the Board of Management Go¥ernlng dvrnent The. BC Partners Foundation is a company limited by guarantee"g(wwned'by its MÈmorandum and Articles of A'ssociation dated 20 May 2010, and registered as a charity with the Charity Commission on 20 May 2010. Appointmènt of trustees The directors of the company. who are also'charity trustees for the purpose of ¢harity law, are appointed in accordance with the Articles of Association of the company and under the company's Articles are known as members of the Board of Management. There is no fixed term of offFce for members. The Foundation benefits from members of the Board of management being from a wide Variety of backgrounds, with a diverse range of skills. Trtsstee Sndurtlon and tralnin8 Induction programme5 for 8oard members are tailored to the needs of individuals. New Trustee&are sent the Foundation's Memorandum and Articles, and encouraged to familiarise themselves with the charity and the context within which it operates. They ère ma.de ful aware of thÈ obligations of mèmbers of the Board of Management and the resourcing and current financial position of the Folrndation as set out in the latest financial statements. Organisation The Trustees are listed OTr pa8e one of the financial statements. They meet annualty to di5CU5S the runnin8 .of the"Foundation. The Trustees have delegated the day to day administration of the charity to M Evans rrrusteel. Responsibilities of the Boxd of Management Company and charity law require the Board to prepare financial statements for each financial period, which give a true and fair view of the statè of affairs of the Foundation a5 at the balance Sheet date and of it5 income and expenditure. In preparing these financial statements. the Board S required to.. select suitable accounting policies and then appty them con51Stently- make judgements and estimates that are reasonable and prudent- state whether applicable accounting Standards and Statements of Recommended Pra¢ti¢e have been followed. subject to any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concern basis. unle55 It is inappropriate to presume that the charity will continue in operation. The Board is responsible for keepin8 adequate accounting fecords, which disc105e with" rea50n3ble accuraty. at any time the financial position of the.Found3tiort and enable preparation of the financial statÈments complying with the Companies Act 2(X)6 and the Charit5 Act 2011. The 803rd is also responsible for 5afeBuarding the a55ets of the Foundation arid hence for takingreasonable steps for the pr.evention and detection of fraud and other irregularities.
BC Partners Foundation Company re8iStrati(¥n no. 07260058 Report of the Board of Management Statemert as io d15closure of inforrnation to the auditors So far a>the Trustees are aware at the time this report is approved. 'Ihere is no relevant audit information of which the Foundation's auditor5 are unaware,. and the Trustees have taken all steps they ought to have taken to make themselves aware of any relevant audit informatio_n and to e5t•blish that the.auditors are aware ofthat information. Foundion's alms and objrftives Thè Foundation's aims are to encourage giving from employees and alumni of BC Partners and to distribute grants to a range of charities in line with the wishes of the Trustees and the employees of the group. Summary of the maln arti¥ities undertaken for thé Publi¢ Oenefft The cha"ritVs main acfivily is providinÈ grants to a wide range of different charities. both in the UK and abroad, All of these charities provide a public benefit in different ways. so by providing grants to these charities. the charity is providing a public benefit through them. The FoundTon's Trustees have ctsmplied with their duty per the Charities Act 2011 to have due regard to the.Public 8enefit guidance published by the Charity Commission. Financlal review The running eypenses of the Foundation are met by BC Partners LLP. so all income receive(I can be used for charitable purposes ihrough the provision.of graRts. During the year, £608.091 was received as doRations. and £688,256 was distributed as grants. The Foundation does rt hold any investments and aims to distribute funds as soon as p)ssible in order to support all of its ¢haritie5. 8C Partners LLP intends to donate C450,rx(l in 2023 to support the char.itable purposesof the.8C Partners . Foundation. Reserves Poli All funds received by the charity are for the sole purpose of charitable activities. The BC Partners Foundation aims to distribute these funds on a timely basi5 in order to achieve charitable objectives. BC Partners LLP supports BC Partners FoUratIon in meetin8 thesè objertNes. Grant pollcy Grants are awarded to a wide fange of charities. both in the UK and abroad. The cost in the year represents actual grants payable to these charities.
BC Partners Foundation Company registration no. 0726(1058 Report of the Board of Management Rlsk assessme . The Foundation faces various risks to which.the Trustees have systems in"place to mitigate.. T.here is a risk that without due 8overnartce the Foundation may not meet its charitable objectNes. To mitigatÈ this risk, we have ensured that our Trustees have the relevant experience and -competence to supervise all aspects of the Foundation's.worL' There 15 a risk of potential conflicts of interest. To mitigate this a Conflict5 of Interest Policy has been im"plemented"enablin8 Trustees and staff to be aware of poter)tial conflicts of interest and avoid situations where such a conflict might arise. and There are various financial risks faced by the Foundation." These are mitigated by the operation of .. stringent financial controls and procedures. Ukrainetonflict The Trustees have as5e5sed and cont¥nue to asse$5 the impact, or p(Jtential impati, on the charity arising from the invasion of Ukraine by Russia. At.present. the Trustees do not.antTrcipate the conftid in Ukraine lo have 518nrficant iwnpact on the charity. Plans for future periods The Foundation aims to continue to grow in hjture periods. and to continue to make employees of 8C Partners aware of the work that it does. It will continue to match donations made by employees to charities. which it is hoped will encourage further growth in charitable giving by employees. AuditOfS Maiars LLP were appointed as auditors to the BC Partners Foundation and have accepted appointment. These financial 5tatement5 have been prepared in accordance with the provision applicable to companies subject to the small companies. regime. A5 approved by the Board of Management and signed on its behalf- Matthew Evans Trustee Date: 25 September 2023
BC Partners Foundation Company reiistration no. 07260058 Independent auditorfs report to the members of BC Partners Foundation . Opinion We. hove audited. the financial statements of BC Partners Foundation (the "charit(I for the year ende¢"31 December 2022 which comprise the Statement of Finarbcial Activities" th.e Balance Sheet, the Statement of Cash Flows and notes to the financial statements. including a summary of significant accounting policies. The financial reporting framework that has.been applred in their preparation is applicable law and United K4ngdom Accounting Standards, includin8 FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdorn Generally Accepted Accounting Prattl). In our opinion. the financial statements.. give a true and fair View of the.sÈète of the charS affairs as at 31 December 2022 and ofits income and expenditure for the year then ended,. have beell properly prePad in accordance.with United Kingdom Generalty Accepted Accounting. Practice.. and have been prepad in accordance with the requirements of the Companies Act 21Xl6. Basis for opinion We conducted ouraudit in accordance with lritematwal Standards on Auditing IUKI IiSAs IUKII and applicable law. Our rèsponsibilities under those standards are further described.in the Auditor's responsibilities for the audit of the financial statement5 section of ovr report. We are tndependent of the charity in occordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethic31 Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evbdente we have obtained is wfficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial statement5 is appropriate. Based on the work we have perfomied. we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast Slgnificant doubt on the charity'5 ability to continue as a going concern for a peiiod of at least twelve months from when the financial statements are authorised for Issue. Our responsibilities and the resnSibIlitieS of the trustees Wlth respert to 80ing concern are described in the relevanl 5ertions of thi5 report. Other information The other information comprises the information included in the Report of the Board of Management. other Ihan the financial statements and our a¢Jditorfs report thereon. The trustees are responsible for the other -information. Our opinion on the.finan¢ial Statements does not cover the other information and, except to the . extent otherwise explicrtty stated in our report. we do not expre55 any form of assurance conclusion thereon.
BC Partners Foundation Company registralion no. 07260058 Independent auditorfs report to the members of BC Partners Foundation In connection with our audit of the financial statements. OUT responsibility 15 to read the other information arid, in doing so, consider whether the other information 15 materially incon515tent with the financial Statements or.our knowledge obtained in the course of the"audit. or otherwise app.ears to lie materially mi55tated. If we identify such rnaterial inconsistencies or apparent material misstatements. we are require(I to determine whether there ts a material misstatement in the financial stateiTients or a material misstatement of the other infom)ation. If, based on the work we have performe-d, we conclude that there is a material rn155tatement of this other information. we are required to report that fact. We have nothing to rèport in this regard. .Opinions on other matters iwesulbed by the (ompanies Art 2006 . In our opjnion, based on the work.vndertaken iTFthe course of the audit: the information given in the Report of the Board of Management which includes the Directors, Report prepared for the purpose5 of company law. for the financial year for which the financial statements gre prepared 15 con515tent with the financial 5taternents- and the Directors. Repon included within the Rep)rt of the.Board of Management has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In light of the knowledge and understanding of the tharity and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors. Report included within the Report of the Board of Management. We have nothing to report in fespect of the following matter.s in relation to which the Companies Act 2(K16 rèquires us to report to you if, in our opinion.. adequate and proper accounting records have not been kept. or retL*rns adequate for our audit have not been received from branches not visited by us- or the financial statements are not in agreement with the accountin8 rncords and.returns' or certain disclosures of trustee5' remuneration specified by law are not made- or we have not received all the information and explanations we require for our audit. Ilesponsibilities of Trustees A5 explained rnore fully in the Responsibilttie5 of the 8oard of Managemertt set out on page 3, the trustee5 Iwho are also the directofs of the charitable tompany for the purposes of company lawl arè iesponsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. arid for such internal control as the trustees determine is necessary to enable the preparation of financial statement5 that are free from material rnisstatement. whether due to fraud or error. In preparing the financial statemertts, the trustees are responsible for assessin8 the charit$ ability to continue as a going concern. disclosing, as applicable,- matters related to going concer.n and %ng thè going concern.. basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have. no realistic alternative but to do 50.
BC Partners Foundation Company Te8lStration no. 07260058 Independent auditorfs report to the members of BC Partners Foundation Auditorfs re5ponsibilities.for the audit of the financial statements Our objectives are to obtain reasonable asslirance about whether the financial Statements as a whole are free frorn inaterlal misstatement, whether due to fraud or error. and to issuè an auditor's report that includes our opinion. Reasonable assurance is a htgh level of a55urance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material mi55tatement when it exists: Mi5Statements can arise from fraud or èrror and are considered rnaterial if. individually or in the a88regate. they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements. The extent to which our procedures a Capable of detecting irregularities. including fraud is detailed below. Irregularities. including fraud. are instances of. non-compliance with laws "and regulations. We desigTr procedure5 in line with our responsibilities, outlined above. to detett material misstaternents in respect of irregularities. including fraud. Oased on oui understanding of the charity and its industry. we considered that non-compli3nce with the following law5 and regulaiions might have a matèrial effect on the financial statement5.' employment regtslation, health. and safety regulation. anti-money laundering regulation, non-cornpliance %%iith implementation of government support schemes relating to COVID-19.. To help us identify instances of non-COft)pliance with these laws and regulations. and in identifying and assessing the risks of material misstatement in respect to non-compliance, our procedures included. but wete not lirnited to.. Irbquiring of management and, where appropriate. those charged with governance. as to whether the charity is in compliance with laws and regulations. and discussing their policie5 and procedures regarding compfiance with laws and regulation5- Inspetting correspondence, if any. with relevant licen5inB or regulatory authoritie5- Communicating identified laws and regulations to the engagement team and femaining alert to anv indications of non-compliance throughout our audit.. and Considering the risk of acts by the charity which were contrary to applicable law5 and regulations, including fraud. We also considered those laws and gUlationS that have a dirett effect on the preparatbon of the financial staternents. such as tax legislation. pension legislation. the Companies Act 2006. the Charities Act 2011 and the Charitie5 Statement ol Recommended Prartice. In addition, we evaluated the trustèes, and management's incentivès and opportunities for fraudulent manipulètion of the financial statements. including the risk of management override of controls. and determined that the principal risks related to posting manual journal entries to manipulate ffi"nan¢ial performance, management bias ihrou8h judgements and assumptions.in significant accounting estimates. income recognition (which we pinpointed to the cut-off assertionl, and significant one-off or unusual transartions.
BC Partners Foundation Company registration no. on60058 Independent auditorfs report to the members of BC Partners Foundation Our audil. pf¢xedure5 in relation to fraud included but were not limited to: Making enquiries of the trustees and management on whether they had knowledge of any actual, suspertedor alle8ed fraud,- . Gaining an understanding of the internal controls established to Mitigate risks related to fraud: Dis¢u55in8 amongst the engagement team the risks of fraud." and: .Addressing the risks of fr8u&through management override of controls by performing"journal entry testing. There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention.and detection of. irregularities including fraud.rests with ffjanagement. As with any audit. there remained a "risk of noN-dete¢tion of irregularities. a5- these may involve .collu51on.' forgèry, intentional omissions. misrepreserstations or the override of intenial controls. A further descriptlOA of our responsibilities for the audit of the financial Statements Is located on the Financial. Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our ayditorf5 rèport.. Use of the audrt rtpi>rt . This report is madè solÈly to the rharrtrfs mernbers as a body in accordance with Chaptér 3 of Part 16 of thè Companies Act 2006. Our audit work has been undertaken $0 that we might state to the chariws members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extènt permitted by law, we do not accept or a55ume responsibility to anyone other than the charity ond the charitWs"members as a body for our audit work, for this report. or for the opinions we have formed. David Hoose ISÈnior Statutory Auditor) for and on behalf ol Ma23rs LLP Chartered Accountants and Statutory Auditor 6 Sutton Plaza, Sutton Court Road, Sutton, Surrey. SMI 4FS Sep 28, 2023
BC Partners Foundation Company iegisiratian no. 07260058 Statement of financial activities For the year ended 31 December 2022 Note5 Unre5trirted fvnds Re5tritted 'fvnds Total 2022 Total .2021 Income . Donations Gifts in kind 379.106 6.362 228.985 60B.091 6.362 437.683 6.511 Interest Total income 385.468 . 228.985 614.453 444.194 ExpEDdituTe Expen¢iture gn Charitable actl¥ltiès Grants 464,435 226,632 691,067 386,873 T¥1 expenditure "464.435 226.632 691.067 386.873 Net movement in funds 178,9671 2,353 176,6141 57,321 Total funds brought fornard 129.247 456.027 585.274 527.953 Total fvrNIs carried forward 50.280 458.380 508,660 585,274 The Statement of F¢n3ncial Activities includes all gain5 and10sses recognised in the year. All income and expenditure derive from continuing artivitie5: The 2021 total figures ineluded £140,878 of restrirted donations and £192,338 of restricted grants payable. All other income and expenditure was unrestrlcted.
. BC Partners Foundation Company registration no. 07260058" Balance sheet at 31 December 2022 Notes . 2022 .2021 '£urrent assefs Debtors Cash 56.9C(J 475,790.. 12.077 $99,669 Total assets 532,690 611,746 CTeditor5: Amoufflts fal.ling" -due within one year. 124,0301 126,4721 Net assets 508,660 585,274 Fund5 Unrestricted lunds 5&.280 129.247 Resiri¢ted"funds . 458,380 456.027 508.660 585.274 These financial statements have been prepared in accordance with the provish)ns applicable to companies subject to the small companies. gIme.. The financial statements were approved by the Board of Management on 25 September 2023 and signed on Its behalf by: Matthew Evans Trustee Date= 25 September 2023
.BC Partners Foundation Company registration no. 07261X)58 Statement of Cash Flows for the year ended 31 December 2022 2022 2021. Cash flows from operatiN¢ artivities Net lexpenditurel l income 176.614} 57,321 Adjustments for-. overrient in Trade and other debt(ir5. Movement in Trade and other Cfeditors -.{44,823j. 12.4421 .19,5241. 171.3701 Net cash flow from operatlng acti¥itie5 1123,8791 123,5731 Net Idecreasel in cash 1123,8791 123.5731 Cash at beginning of the year 599.669 623,242 . Cash at the end of the yeaf 475,790 599.669 12
BC Partners Foundation Notes to the financial statements . Forthe year ended 31.December 2022 . . AccountlnE policies The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021 leffective I january Z0191- ICharitie5 SORP IFRS 10211. the Financial Reporting Standard applicable in the UK'and "Republic of Ireland IFRS 1021 and the Companies Act 2006. The charity rneets the dèfinitiop of a public. benefit entity under. FRS 102. Assets and liabilities are initially "r.e¢oEni5ed at historical cost OF transartion value unless otherwise stated in the relevant accounting policy. notelsl. Going Concern ' These financial statements have been prepad on the Èoing concern baSis.'The Foundation continues to. 'have a healthy cash balancè with no donatioTh obligations and with all administration expenses being covered by ongoing support from BC Partners LLP. Therefore. the trustees consider that there are no material uncertanties about the chariV5 ability to continue a5 a going concern." Income. Income received under the Gift Aid scheme is included in the Statement of Financial Activities gr055 of any. related tax credit. Expenditure Expenditure is accounted for on an accruals basis. Expenditure on charitable activrties comprises direct grant expenditure in the year. Where expenditure cannot be dirèrtly attribvted.lsvpport costs). they have been allocated to the activities on a basis consistent with the use of resources. Support costs a incurred directly in supporting each activity and are allocated based on the dirett Costs of each activity. Governance costs comprise the runningcosts of the charity. includiftgany professional services required by thè Tru5tee5. Grants awarded Grants are awarded to a wide range of charities, both in the UK and abroad. The cost in the year represents actual grants paid tts these charitie5. Funds Unrestricted lutYIs Unrestricted funds represent the unallocatÈd part of the accumulated surplus remaining available for normal expenditu in future years. Restr5cted funds Restricted funds repsertt donations to bÈ passed to specific charities, f¥om employees of BC Partners. 13
BC Partners Foundation Notes to the financial statements For the year ended 31 December 2022 Estimates & Judgements In the application of the Charl$ accounting policies. the Trustees are required to make judgements, estimates and assumptions about the carryin8 amount of assets and liabilities that 3fÈ not rèadilv apparent from other sources. The estimates and underlying assLsmptions are based on historical experience and other factors that are considered to be relevant. Artual result5 may differ.from these estimates. There were no specific judgements, estimates and assumptions that We critical to the"preparation tif these financial statements. Voluntary iOrne Unrestritted fund5 Restrirted ' fund5 Total 20ZZ 2021 . BC Partners 378.356 750 378,356 184,006 45.729 . 6.362 396,805 33,103 7.775 6.511 Other donations Gift Aid recoverable Gift in kind" 183,256 45.729 6,362 385,468 228.985 614,453 444,194 During the year, the Foundation was provided with finance funrtion support by BC Partners LLP. It 45 not poss*ble to quantify the Value of the support received over the year. so this has not been included as a gift in kind. During the year, BC Partners LLP paid professional fees on behalf of the Foundation_ These included fees for audit. Accounts preparation and Companies House fees. The cost to BC Partners LLP has been included as a gift in kind above. Grants awarded 2022 2021 'Dul%¥ich College BCPF Inc 225.0[1 212,184 83,488 42,422 19.840 10.7SO 9.500 9.291 43.018 87.081 Care Inc SO Wi05k . 8oston College The Hellenic Initiative Autism Centre of Excellence Anthony Nolan 8,753 14
BC Partners Foundation Notes to the financial statements For the year ended 31 December 202.2 Aktion Deutschland. EDHEC Business School Red Cross Medecins SangFrontieres Inc 9,228 6,568 6.481 .5J79 S.054 4.582 7.220 Astriid StiftungLife DEC Action Aid Unicef Save the Children 3.514 3.31Y) 3.219 RennieGrove 5chlau Fox 2.597 2.89S 1.382. Cancer Research Friends of CCHT Alzheimers Watermill Centre Womankind Worldwidé The Daisy Trust The Royalmarsden The Angu5 Law50n Memorial Trust TY Hafan Carita5 Internationalis Croii Rouge Fran¢ais 5ecours populaire SOS Villages Cure Parkinson 1.836 .1.465 .1.419 1,255 1.146 919 837 837 667 502 366 6eme geste National Brain Appeal Mission Potosi Friend5 of Griffiths Bmore Empowered Surviving the Mic BB on Film Positive East 258 250 215 155 153 153 150 Iso End Youth Homelessness Action Aid 150 Macmillan Ic 11.2001 Walking with the Wounded Teddys Wish Leukaemia Trust IL 78 Private Equity Foundatfon" The Dolphin society Right To Plav Esperan Banlieu . 119,495 15,0 11,970 11.135 15
BC Partners Foundation Notes to the financial statements For the year ended 310ecember 2022 . The Samson Centre Fine Cell Work Thames Valley Air Ambulance ASL Royal Academy of Music 8algowan School .T1 Byrd HoffmaH Arab3 S¢ott .Manhood Academy Twins Trust io,cw. 10.000 10.000 7.500 7.500 5.910 ..1.841 1.339 1,30Q 1,250 Unlocking Potential 'Thomas's Foundation City haNest JDFR 500 400 "400 372. American Council in Germar ieve Wavus Sands ickle pickle Bi8 Ch"an8e .Gesher School Shooting Stars Footprints Orphanage Breastcancer Now Ordinary 2 Extraordinary The Haemophilia Society St. Georges Hospital WaterAid Dementia UK British Heart Foundation 372 338 300 200 200 200 .100 loo 75 75 50 40 Totsl Grants . . Support costs (see betcMI Total E¥pendilure 688.256 2,811 691.067 368,311 18,562 386.873 Support costs Exchange Igainsl 11055es 8ank charges Governance costs= Auditorf5 fee- Audrt 14.5781 1,026 10,902 1.148 6.363 2.811. 6.512 18,562 Employee.information 16
BC Partners Foundation . Notes to the financial statements For the year ended 310ecember 2022 There were no employees employed by the Foundation during the year 12021.. nill. There were no key management personnel in the year. No trustee ceiVed any remuneration iri the year or was reimbursed a"nyexpenses in the year12021': £nill. Debtors 2022 2021 Gift aid receivable. Accrued income 45.729 11.171 10,29S 1.782 .56.9LX) 12.077 Credltors 2022 2021 Accrved donation5 payable 24.030 26,472 24.030 26.472 Aeserves Unrestrlcted Restrlcted funds funds Total Balance brought forward Income 129.247 456,027 385.468 228.985 1464.4351 1226.6321 585,274 614,453" 1691,0671 Expenditure 8alance carrie(* forward 50.280 458.380 S08.660 Restrirted fund5 represent donations made to be passed to specific charities, from employees of 8C Partners.- 17
BC Partners Foundation Notes to the financial statements For the year ended 31 December 2022 Analysls of net assèts. Unrestr5rted Restrided funds funds Total .Debtors 3.396 69.164 122.2801 53.504 4OÈ,626 11.7501 56,900 475,790 124,0301 .Ca5h Creditors Net assets 50,280 458,380 S08.660 . Related parties The following donations were receivedfrom related parties in the"year'. 2022 2021 N Stathopoulos (Trustee"of the Foundation) 3,101 N Stathopoulos. a Trustee of the Foundation. is also a Trustee of The American School in London. During . the year donation5 of'nil.12021= £nill were paid to the Arnerican School in London Foundation. io Guarantors The Foundatlon 15 a company limited by guarantee and has rtro share capital. In the event of the Foundation being wound up. the liability of members is limited to £1.