**Trustees' Annual Report for the period** Period start date Period end date **T From** 01 04 2023 **o** 31 03 2024 

Section A                        Reference and administration details **Charity name** Foundation for Children **Other names charity is known by Registered charity number (if any)** 1137031 ~~—~~ **Charity's principal address**[83 Alma Rd] Bristol **Postcode BS82DP** 

## **Names of the charity trustees who manage the charity** 

**Dates acted if not for Name of person (or body) enTrustee name Office (if any) whole year titled to appoint trustee (if any)** 1 Kay Turner Chair 2 Laura Watts 3 Stefan Watts 

## **Section B              Structure, governance and management** 

**Description of the charity’s trusts** 

Type of governing document Trust Deed (eg. trust deed, constitution) Charitable Trust How the charity is constituted (eg. trust, association, company) Trustee selection methods Trustees are appointed or reappointed by a resolution of the Trustees (eg. appointed by, elected by) passed at a Special Meeting ~~Oo~~ 1 March **2024** 

**TAR** 




## **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. 

To be eligible for funding from Foundation for Children (hereafter referred to as FfC) organisations are required to: 

- a) benefit disadvantaged children, young people and their families and carers in England and Wales 

- b) have in place appropriate insurances 

- c) have policy statements and guidelines in place for Equal Opportunities, Health and Safety, Child Protection and Quality Assurance(where applicable) 

- d) ensure all staff who have any contact with children, both paid and voluntary, have an up to date Enhanced Criminal Records Bureau clearance 

- e) apply for funding from other sources such as trusts, district/borough councils, businesses or other sponsorship or contribution to the costs in kind 

- f) comply with mutual agreed reporting and monitoring requirements 

- g) meet Ofsted and Local Authority statutory requirements as appropri- ~~ate~~ 

## **Section C                    Objectives and activities** 

To alleviate poverty and overcome disadvantage amongst children in need mainly in the UK, regardless of their gender, ability or disability, religion, nationality, ethnic or national origins, and especially amongst the population of under fives not yet attending full-time school, through: 

**Summary of the objects of the charity set out in its governing document** 

- a) assisting their parents, families and carers to provide for their better health, safety and welfare, and an environment in which they can flourish and develop their full potential; 

- b) promoting and enabling their access to the highest quality care and education; and 

- c) helping their parents, particularly those who are single parents, to obtain training and employment, whilst balancing their work and family responsibilities 

March **2024** 

**TAR** 

2 



Trustees had regard to the Charity Commission’s guidance on public benefit in decisions taken at Trust meetings. 

The Trustees main activities during the year to March 2024 were the examination of grant applications from organisations seeking funding for work with disadvantaged children in the South Bristol area, and the subsequent awarding of grants to  thirteen organisations who were able to demonstrate that they met the criteria for eligibility drawn up by the Trustees. 

**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)** 

The breadth of type of support being provided to disadvantaged children and their families via this funding is striking. Activities covered include: 

Helping at local farms Visits to local farms Art, drama and music projects Support for university entrance Sporting opportunities including surfing and cycling Distribution of hampers at Christmas 

Many local children were involved in these projects and the feedback from them and parents was very positive. 

March **2024** 

**TAR** 

3 



**Additional details of objectives and activities (Optional information)** 

All the work of the charity to date has been carried out by the Trustees on a voluntary basis. 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by  volunteers. 

In our criteria for eligibility of funding, we seek to make grants primarily available to organisations which are able to demonstrate in their proposals that they are able to alleviate poverty and overcome disadvantage amongst children in need in the UK through meeting at least one of the charitable objects of FfC. 

FfC will not normally make grants available for organisations which hold unallocated reserves in excess of what is required, or not allocated for legitimate purposes. Organisations applying for funding should be able to demonstrate a direct and cost-effective impact on the priorities identified in FfC’s objects. 

Funds not yet allocated and not needed in the foreseeable future are placed on deposit to earn interest. 

## **Section E                    Financial review** 


**Brief statement of the char-** FfC aims to hold sufficient cash in its current account to meet all fore- **ity’s policy on reserves** seeable expenditure, and for the remaining funds to be invested in  fixed term deposit accounts which mature at intervals throughout the year so that when grant distribution is needed there will not be a significant delay in accessing further funds. 

**Details of any funds materially** N/A **in deficit** 


March **2024** 

**TAR** 

4 



Declaratlons
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TAR
March 2024

REGISTERED CHARITY NUMBER: 1137031
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
1 MARCH 2024
FOR
FOUNDATION FOR CHILDREN
Lawes & Co
Boyce's Building
4042 Regent Street
Clifton
Bristol
BS8 4HU

FOUNDATION FOR CHILDREN
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of FÉnancial Activlties
Balance Sheet
Notes to the Flnancial Statements
6 to 11
Detalled Statement of Flnanclal Activitles
12

FOUNDATION FOR CHILDREN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended
31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to chartties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019)-
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity objectives set out in the Trust Deed are to alleviate poverty and overcome
disadvantage amongst children in need mainly in the UK. The Trustees main activities during the
year ended 31 March 2023 were the examination of grant applications from organisations seeking
funding primarily in the SoLlth Bristol a.rea and the subsequent awarding of grants.
Publlc benefit
In determining where to make donations the trustees have had regard to the Charity Commission's
guidance on public benefit.
Grantmaking
The trustees have made numerous donations in the year amounting to £90,040 (2023: £103,782).
The trustees endeavour to ensure the range of donations made by the trust cover a range of
activities so as to benefit society as a whole.
FINANCIAL REVIEW
Financial position
The Trust earned current asset investment income of £79,803 in the year ended 31 March 2024
(2023: £15,291).
Reserves policy
The trustees aim to hold sufficient cash reserves to meet all foreseeable expenditure. The
remaining funds are invested in fixed term deposit accounts which mature at intervals allowing for
grant distribution when reqtsired without significant delay. Beyond this the trustees do not consider
it necessary to have any further reserves policy.
Golng concern
The trust continues to maintain a large fund which should support the trust for the foreseeable
future. There are no material uncertainties regarding the trusts abilty to continue.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is governed by the Trust Deed dated 4 June 2010, which was approved by the Charity
Commission in July 2010.
Recruitment and appointment of new trustees
The power of appointing new trustees is vested in the current trustees, any appointment or
reappointment is achieved by resolution of the trustees passed at a special meeting.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1137031
Page 1

FOUNDATION FOR CHILDREN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Princlpal address
83 Alma Road
Bristol
BS8 2DP
Trustees
Dr K Turner
S D Watts
L Watts
Independent Examiner
Lawes & Co
Boyce's Building
4042 Regent Street
Clifton
Bristol
BS8 4HU
Approved by
behalf by..
er of t
e board of trustees on
Truste
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
FOUNDATION FOR CHILDREN
Independent examiner's report to the trustees of Foundation for Children
I report to the charity trustees on my examination of the accounts of Foundation for Children (the
Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation 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
Act and in carrying out my examination I have followed all applicable Directions given by the
Charity Commission under Section 145(5}(b) of the Act.
Independent examine￿$ statement
I have completed my examination. I confim that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Section 130 of the
Act., or
the accounls do not accord with those records., or
the accounts do not comply with the applicable requirements conceming the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a true and fair view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Lawes & Co UK Limited
Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU
Date..
Page 3

FOLINDATION FOR CHILDREN
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
Unrestricted Total
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
9,400
19
Investment income
79,803
15,291
Total
89,203
15,310
EXPENDITURE ON
Raising funds
3,429
2,486
Charitable activitles
Donations
90,040
103,782
Other
1,196
1,094
Totsl
94,665
107,362
NET INCOMEI(EXPENDITURE
(5,462)
(92,052)
RECONCILIATION OF FUNDS
Total funds brought forward
2,051,489 2,143,541
TOTAL FUNDS CARRIED FORWARD
2,046,027 2,051,489
The Dotes form part of these financial statements
Page 4

FOUNDATION FOR CHILDREN
BALANCE SHEET
31 MARCH 2024
31.3.24
31.3.23
Unrestricted Total
fund
funds
Notes
CURRENT ASSETS
Cash at bank
10
2,046,807 2,052,269
CREDITORS
Amounts falling due within one year
(780)
(780)
NET CURRENT ASSETS
2.046,027 2,051,489
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,046,027 2,051,489
NET ASSETS
2,046,027 2,051,489
FUNDS
Unrestricted funds
12
2,046,027 2,051,489
TOTAL FUNDS
2,046,027 2,051,489
The financial s
ements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Tru
ee
The notes form part of these financial statements
Page 5

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FORM OF THE CHARITY
The charity is a charitable trust registered in England and Wales.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP {FRS 102) '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 Ireland IFRS 102) (effective 1 January 2019),, Financial Reporting Standard, 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cost related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use
of resources.
' Grants offered subject to conditions which have not been met at the year end date are noted
as a commitment but not accrued as expenditure.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordan￿ with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Page 6
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donations
9,400
19
INVESTMENT INCOME
31.3.24
31.3.23
Interest Receivable
79.803
15,291
RAISING FUNDS
Investment management costs
31.3.24
31.3.23
Support costs
3,429
2,440
GRANTS PAYABLE
Grants to:
2024
2023
Jamies Farm
Hartcliffe City Farm
The Wave project
Scrapstore
Unique Voice
Square Food Foundation
Rework
Arts for All
Oasis
Bristol Ensemble
Mentoring Plus
ACE
Operation Christmas Hamper
Into Uni
Windmill Hill Fami
Futa Hub Bristol
Youth Moves
Future Learning Partnership
Waycroft Academy
Access Sport
15,000.00
18,800.00
15,000.00
846.85
7,500.00
3,000.00
1,000.00
5,000.00
6,000.00
200.00
245.00
5,000.00
7,500.00
7,500.00
5,100.00 10,200.00
5,000.00
15,000.00
1,490.00
19,340.00
500.00
15,000.00
10,000.00
3,600.00
7,500.00
8,500.00
Total-
90,040.00 103,781.85
Page 7
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Management Finance
Totals
Investment management costs
Other resources expended
3,429
60
3,429
1,196
1,136
1.136
3,489
4.625
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefrts for the year ended 31 March 2024
nor fvf Lhe year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricte
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
19
Investment income
15,291
Total
15,310
EXPENDITURE ON
Raising funds
2,486
Charitable activitles
Donations
103,782
Other
1,094
Total
107,362
NET INCOMEI(EXPENDITURE)
(92,0521
RECONCILIATION OF FUNDS
Total funds brought forward
2,143,541
TOTAL FUNDS CARRIED
FORWARD
2,051,489
Page 8
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
10. CASH AT BANK
The trust holds cash in UK bank accounts and this makes up the entirety of the short-temi,
highly liquid investm.ents included as cash at bank and in hand.
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors are recognised and measured using the accruals method.
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
2,051.489
(5,462) 2,046,027
TOTAL FUNDS
2.051,489
(5,462) 2,046,027
Net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
89,203
194,665)
(5,462)
TOTAL FUNDS
89,203
194,665)
(5,462)
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
2.143,541
(92,052) 2,051,489
TOTAL FUNDS
2,143,541
(92,052) 2,051,489
Page 9
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted fund8
General fund
15,310
(107,362)
(92,052)
TOTAL FUNDS
15.310
(107,362)
(92,052)
A current year 12 months and prior year 12 months combined posrtion is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
2,143,541
(97,514) 2,046,027
TOTAL FUNDS
2,143,541
(97,514) 2,046,027
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
104,513
(202,027) (97,514)
TOTAL FUNDS
104,513
(202,027)
(97,514)
Page10
ontinued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page11

FOUNDATION FOR CHILDREN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations and legacies
Donations
9,400
19
Investment income
Interest Receivable
79,803
15,291
Total incoming resources
89,203
15,310
EXPENDITURE
Raising donatlons and legacies
Sundries
46
Charitable activities
Grants to institutions
90,040
103,782
Support costs
Management
Accountancy
Computer Costs
810
326
840
194
1,136
1,034
Finance
Bank charges
3,489
2,500
Total resources expended
94,665
107,362
Net expenditure
15,462)
(92,052)
This page does not form part of the statutory financial statements
Page 12

REGISTERED CHARITY NUMBER: 1137031
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
1 MARCH 2024
FOR
FOUNDATION FOR CHILDREN
Lawes & Co
Boyce's Building
4042 Regent Street
Clifton
Bristol
BS8 4HU

FOUNDATION FOR CHILDREN
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of FÉnancial Activlties
Balance Sheet
Notes to the Flnancial Statements
6 to 11
Detalled Statement of Flnanclal Activitles
12

FOUNDATION FOR CHILDREN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended
31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to chartties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019)-
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity objectives set out in the Trust Deed are to alleviate poverty and overcome
disadvantage amongst children in need mainly in the UK. The Trustees main activities during the
year ended 31 March 2023 were the examination of grant applications from organisations seeking
funding primarily in the SoLlth Bristol a.rea and the subsequent awarding of grants.
Publlc benefit
In determining where to make donations the trustees have had regard to the Charity Commission's
guidance on public benefit.
Grantmaking
The trustees have made numerous donations in the year amounting to £90,040 (2023: £103,782).
The trustees endeavour to ensure the range of donations made by the trust cover a range of
activities so as to benefit society as a whole.
FINANCIAL REVIEW
Financial position
The Trust earned current asset investment income of £79,803 in the year ended 31 March 2024
(2023: £15,291).
Reserves policy
The trustees aim to hold sufficient cash reserves to meet all foreseeable expenditure. The
remaining funds are invested in fixed term deposit accounts which mature at intervals allowing for
grant distribution when reqtsired without significant delay. Beyond this the trustees do not consider
it necessary to have any further reserves policy.
Golng concern
The trust continues to maintain a large fund which should support the trust for the foreseeable
future. There are no material uncertainties regarding the trusts abilty to continue.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is governed by the Trust Deed dated 4 June 2010, which was approved by the Charity
Commission in July 2010.
Recruitment and appointment of new trustees
The power of appointing new trustees is vested in the current trustees, any appointment or
reappointment is achieved by resolution of the trustees passed at a special meeting.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1137031
Page 1

FOUNDATION FOR CHILDREN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Princlpal address
83 Alma Road
Bristol
BS8 2DP
Trustees
Dr K Turner
S D Watts
L Watts
Independent Examiner
Lawes & Co
Boyce's Building
4042 Regent Street
Clifton
Bristol
BS8 4HU
Approved by
behalf by..
er of t
e board of trustees on
Truste
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
FOUNDATION FOR CHILDREN
Independent examiner's report to the trustees of Foundation for Children
I report to the charity trustees on my examination of the accounts of Foundation for Children (the
Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation 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
Act and in carrying out my examination I have followed all applicable Directions given by the
Charity Commission under Section 145(5}(b) of the Act.
Independent examine￿$ statement
I have completed my examination. I confim that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Section 130 of the
Act., or
the accounls do not accord with those records., or
the accounts do not comply with the applicable requirements conceming the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a true and fair view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Lawes & Co UK Limited
Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU
Date..
Page 3

FOLINDATION FOR CHILDREN
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
Unrestricted Total
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
9,400
19
Investment income
79,803
15,291
Total
89,203
15,310
EXPENDITURE ON
Raising funds
3,429
2,486
Charitable activitles
Donations
90,040
103,782
Other
1,196
1,094
Totsl
94,665
107,362
NET INCOMEI(EXPENDITURE
(5,462)
(92,052)
RECONCILIATION OF FUNDS
Total funds brought forward
2,051,489 2,143,541
TOTAL FUNDS CARRIED FORWARD
2,046,027 2,051,489
The Dotes form part of these financial statements
Page 4

FOUNDATION FOR CHILDREN
BALANCE SHEET
31 MARCH 2024
31.3.24
31.3.23
Unrestricted Total
fund
funds
Notes
CURRENT ASSETS
Cash at bank
10
2,046,807 2,052,269
CREDITORS
Amounts falling due within one year
(780)
(780)
NET CURRENT ASSETS
2.046,027 2,051,489
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,046,027 2,051,489
NET ASSETS
2,046,027 2,051,489
FUNDS
Unrestricted funds
12
2,046,027 2,051,489
TOTAL FUNDS
2,046,027 2,051,489
The financial s
ements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Tru
ee
The notes form part of these financial statements
Page 5

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FORM OF THE CHARITY
The charity is a charitable trust registered in England and Wales.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP {FRS 102) '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 Ireland IFRS 102) (effective 1 January 2019),, Financial Reporting Standard, 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cost related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use
of resources.
' Grants offered subject to conditions which have not been met at the year end date are noted
as a commitment but not accrued as expenditure.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordan￿ with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Page 6
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donations
9,400
19
INVESTMENT INCOME
31.3.24
31.3.23
Interest Receivable
79.803
15,291
RAISING FUNDS
Investment management costs
31.3.24
31.3.23
Support costs
3,429
2,440
GRANTS PAYABLE
Grants to:
2024
2023
Jamies Farm
Hartcliffe City Farm
The Wave project
Scrapstore
Unique Voice
Square Food Foundation
Rework
Arts for All
Oasis
Bristol Ensemble
Mentoring Plus
ACE
Operation Christmas Hamper
Into Uni
Windmill Hill Fami
Futa Hub Bristol
Youth Moves
Future Learning Partnership
Waycroft Academy
Access Sport
15,000.00
18,800.00
15,000.00
846.85
7,500.00
3,000.00
1,000.00
5,000.00
6,000.00
200.00
245.00
5,000.00
7,500.00
7,500.00
5,100.00 10,200.00
5,000.00
15,000.00
1,490.00
19,340.00
500.00
15,000.00
10,000.00
3,600.00
7,500.00
8,500.00
Total-
90,040.00 103,781.85
Page 7
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Management Finance
Totals
Investment management costs
Other resources expended
3,429
60
3,429
1,196
1,136
1.136
3,489
4.625
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefrts for the year ended 31 March 2024
nor fvf Lhe year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricte
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
19
Investment income
15,291
Total
15,310
EXPENDITURE ON
Raising funds
2,486
Charitable activitles
Donations
103,782
Other
1,094
Total
107,362
NET INCOMEI(EXPENDITURE)
(92,0521
RECONCILIATION OF FUNDS
Total funds brought forward
2,143,541
TOTAL FUNDS CARRIED
FORWARD
2,051,489
Page 8
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
10. CASH AT BANK
The trust holds cash in UK bank accounts and this makes up the entirety of the short-temi,
highly liquid investm.ents included as cash at bank and in hand.
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors are recognised and measured using the accruals method.
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
2,051.489
(5,462) 2,046,027
TOTAL FUNDS
2.051,489
(5,462) 2,046,027
Net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
89,203
194,665)
(5,462)
TOTAL FUNDS
89,203
194,665)
(5,462)
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
2.143,541
(92,052) 2,051,489
TOTAL FUNDS
2,143,541
(92,052) 2,051,489
Page 9
continued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted fund8
General fund
15,310
(107,362)
(92,052)
TOTAL FUNDS
15.310
(107,362)
(92,052)
A current year 12 months and prior year 12 months combined posrtion is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
2,143,541
(97,514) 2,046,027
TOTAL FUNDS
2,143,541
(97,514) 2,046,027
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
104,513
(202,027) (97,514)
TOTAL FUNDS
104,513
(202,027)
(97,514)
Page10
ontinued...

FOUNDATION FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page11

FOUNDATION FOR CHILDREN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations and legacies
Donations
9,400
19
Investment income
Interest Receivable
79,803
15,291
Total incoming resources
89,203
15,310
EXPENDITURE
Raising donatlons and legacies
Sundries
46
Charitable activities
Grants to institutions
90,040
103,782
Support costs
Management
Accountancy
Computer Costs
810
326
840
194
1,136
1,034
Finance
Bank charges
3,489
2,500
Total resources expended
94,665
107,362
Net expenditure
15,462)
(92,052)
This page does not form part of the statutory financial statements
Page 12