2024-12-01-accounts

Trustees’ Annual Report for the period

From 02 December 2023 To 01 December 2024

Charity name: The Origin Foundation Charity registration number: 1145366

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
SORP reference
Summary of the purposes of the charity as set out in its governing document Para 1.17 The trust deed authorises the trustees to apply income or capital for the benefit of such exclusively charitable objects and purposes in any part of the world and in such manner as the trustees 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 in accordance with the Letter of Wishes.
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) You may choose to include further statements where relevant about:

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

Achievements and Performance	Achievements and Performance	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 awards to three charities totalling £75,000 to the following charities:  South Bristol Consortium for Young People  Coach Core Foundation  Access Sport CIO

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

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set Para 1.41
Performance of fundraising activities against objectives set	Para 1.41

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Investment performance against objectives Para 1.41 Other

Financial Review

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Review of the charity’s Para 1.21 At the end of the reporting period the charity
financial position at the end had free reserves of £16,633 (2023:
£10,056).
of the period
In addition to the free reserves the charity
has bank balances of £912,470 within the
expendable endowment fund.
Statement explaining the Para 1.22 The Trustees pursue a policy of maintaining
policy for holding reserves a free reserve available to be spent in the
furtherance of the charity’s objectives as
stating why they are held
well as covering future needs, opportunities,
contingencies and risks.
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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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 Expendable endowment funds are those which are required to be invested to produce Other 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

Structure, Governance and Management	Structure, Governance and Management	Structure, Governance and Management
Description of charity’s trusts:
Type of governing document (trust deed, royal charter) Para 1.25 The trust is governed by deed dated 29 December 2011, as amended by 30 January 2014 and 18 July 2023
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 settlor during her lifetime and subject to that by the existing trustees.

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 or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £7,533 (2023: £5,196) for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.	Relationship with any related parties Para 1.51 No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £7,533 (2023: £5,196) for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.	Relationship with any related parties Para 1.51 No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £7,533 (2023: £5,196) for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.
Other

Reference and Administrative details

Reference and Administrative details	Reference and Administrative details
Charity name The Origin Foundation (previously known as The Frankham Family Charitable Trust)
Other name the charity uses
Registered charity number 1145366
Charity’s principal address	Trustees Department 1stFloor, Tower Wharf Cheese Lane, Bristol BS2 0JJ

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Heather Jane Frankham
2 Abigail Emily Frankham
3 David Andrew Foster
4 Robert Sean Hingston
Ludlow Trust Company
5
Limited
6 Nicholas Bamber 04 September 2024
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name

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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

Funds held as custodian trustees on behalf of others

Additional information (optional)

Names and addresses of advisers (Optional information) Type of adviser Name Address Accountants Charter Tax Consulting 8[th] Floor, 1 Southampton Street, London, Limited WC2R 0LR Independent examiner Geoffrey Frost Blue Spire Limited, Cawley Priory, South Pallant, Chichester, PO19 1SY Name of chief executive or names of senior staff members (Optional information) ~~=——~~ Exemptions from disclosure Reason for non-disclosure of key personnel details

~~BC~~ Other optional information ~~OC~~ Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Chris Thurlow Position (eg Secretary, Trustee Chair, etc) Date 01 October 2025

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||||||||| |---|---|---|---|---|---|---|---| |The Origin Foundation|145366| |Receipts and payments accounts|CC16a| |For the period|Period start date|Period end date| |To| |from|02.12.2023|01.12.2024| |ee|ee|ee|ee| |Section A Receipts and payments| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest £|to the nearest £|to the nearest £|to the nearest £|to the nearest £| |A1 Receipts| |Addition from settlor|-|-|250,000|250,000|300,000| |Gift Aid|-|-|-|-|75,000| |Interest|38,188|-|-|38,188|10,982| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |AR)|[ 38,188 ]|-|250,000|288,188|385,982| |A2 Asset and investment sales,| |(see table).| |Sale of investments|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|-|-| |Total receipts|38,188|-|250,000|288,188|385,982| |——__—|——| |A3 Payments| |Grants awarded|75,000|-|-|75,000|66,000| |Investment manager and admin fees|7,533|-|-|7,533|5,196| |Cash management fees|1,611|-|-|1,611|927| |Independent Examiners fees|720|-|-|720|384| |Accountancy Fees|600|-|-|600|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|[ 85,464 ]|-|-|85,464|72,507| |A4 Asset and investment| |purchases, (see table)| |Investment purchases|-|-|-| |-|-|-|-| |Sub total|[ - ]|-|-|-|-| |————|Total payments|85,464|-|-|——|85,464|72,507| |Net of receipts/(payments)|- 47,277|-|250,000|202,723|313,475| |A5 Transfers between funds|53,853|- 53,853|-|-| |A6 Cash funds last year end|10,056|716,324|726,380|412,905| |Cash funds this year end|SSS]|16,633|-|912,470|929,103|726,380|

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CCXX R1 accounts (SS)

01/10/2025

1

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

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Capital account|-|-|912,470| |Income account| |16,633|-|-| |-|-|-| |Total cash funds|16,633|-|912,470| |—====| |(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|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |——===| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |nee| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |oe| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |01 October 2025| |Chris Thurlow| |On Behalf of Ludlow Trust Company| |—=|Ltd| |CCXX R2 accounts (SS)|2|01/10/2025|

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Independent Examiner's Report to the Trustees of The Origin Foundation

I report to the charity trustees on my examination of the accounts of the charity for the year ended 01 December 2024.

Responsibilities and basis of report

As the charity’s trustees 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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.

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.

Geoffrey Frost BSc(Hons) FCA Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY

Date

01 October 2025