Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 ## **LARA JONES CHARITABLE FOUNDATION (“LARA’S FOUNDATION”)** A CHARITABLE INCORPORATED ASSOCIATION ANNUAL REPORT AND ACCOUNTS TO 31 DECEMBER 2023 CHARITY NUMBER: 1150319 1 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 ## CONTENTS Reference information Introduction Structure, governance and management Objectives, achievements and performance Financial review 2 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 ## Reference Information Board of Trustees Carolyn RAYNER Jessica JONES Sophie JONES Registered Office Wilds Farm, Cumeragh Lane, Whittingham Preston PR3 2AN Website www.larasfoundation.co.uk Charity registration number 1150319 Bankers BARCLAYS BANK PLC FISHERGATE BRANCH PRESTON 3 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 ## **Introduction** The trustees present their annual report and the financial statements for the year ended 31 December 2023. ## **Structure, governance and management** The Foundation was registered with the Charity Commission as a Charitable Incorporated Organisation on 2 January 2013. All of the Foundation’s activities are charitable. The objects of the Foundation are: 1. For the public benefit to: - (a) advance the education of individuals whose first language is not English in such ways as the charity trustees think fit but, in particular, in the subject of the English language; - (b) prevent or relieve financial hardship by providing or assisting in the provision of education or training in such ways as the charity trustees think fit. 2. Such other purposes that are charitable under the law of England and Wales both within the United Kingdom and elsewhere throughout the world. The Foundation was set up in memory of Lara Jones. Lara was a dedicated and inspirational TESOL teacher (a teacher of English to speakers of other languages) and taught English to non-native speakers across the world. The aim of the Foundation is to continue Lara’s work by facilitating the learning of English for people of low to no income in developing communities outside or within the United Kingdom. There are currently three trustees of the charity are Carolyn RAYNER who was appointed as trustee for an initial term of four years and Jessica JONES and Sophie JONES who were both appointed for initial terms of three years and reappointed for a further term of 3 years. 4 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 The trustees are responsible for the strategic direction and policy of the Foundation and for the furtherance of the objects for which it is established. The trustees communicate on a regular basis to discuss the activities of the Foundation. 5 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 ## Objectives, achievements and performance Activities in 2023 The trustees have due regard to the Charity Commission’s guidance on public benefit when considering the Foundation’s objectives and activities. We did not support any projects this year. 6 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 7 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 Objectives for 2024 The Foundation’s main objectives for 2024 are: To consider how funds can be raised to enable the Foundation to continue. 8 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 Financial Review _Principal funding sources_ The main source of income for the Foundation arises from donations received at social events. The trustees have due regard to the Charity Commission’s guidance on fundraising legally and responsibly when organising and running events. _Results for the year ended 31[st] December 2023_ The accounts for Lara’s Foundation for the year ended 31 December 2023 have been prepared on a receipts and payment basis using the Charity Commission’s CC16A pro forma template. The accounts have been filed with the Charity Commission on the same date as this report. ## _Investment policy_ The accounts show that , as at 31 December 2023, the trustees held £36,021 cash in its current and savings accounts with Barclays Bank plc. The trustees consider this to be the most suitable form of investment for Lara’s Foundation for the present time, given the intention of the trustees to fund further projects over the course of the next couple of years, in furtherance of the Foundation’s charitable objects. The trustees aim to hold a minimum of £10,000 in cash at any given time. The trustees consider that the charges and rates of interest attached to the accounts with Barclays Bank plc to be competitive. The trustees are also satisfied that the almost full balance of the funds is protected by the Financial services Compensation Scheme 9 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 10 Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020 11 **Charity Name No (if any) Lara Jones Charitable Foundation 1150319 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01.01.23 31.12.23 ## **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**|||||||||||| |Donations|**1,092**|||**-**||**-**||**1,092**||**7,977**|| |Gift Aid on Donations|**295**|||**-**||**-**||**295**||**1,446**|| |Deposit Interest|**137**|||**-**||**-**||**137**||**4**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**_(Gross income for AR)_|**1,524**|||**-**||**-**||**1,524**||**9,427**|| |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**
Donations
**1,092**
Gift Aid on Donations
**295**
Deposit Interest
**137**
**-**
**-**
**-**
**-**
**-**
**1,524**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_||**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**|**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**1,092**
**295**
**137**
**-**
**-**
**-**
**-**
**-**
**1,524**|**Last year**
**to the nearest £**| |Donations|**1,092**|**-**|**-**|**1,092**|**7,977**| |Gift Aid on Donations|**295**|**-**|**-**|**295**|**1,446**| |Deposit Interest|**137**|**-**|**-**|**137**|**4**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**1,524**|**-**|**-**|**1,524**|**9,427**| |**A2 Asset and investment sales, (see table).**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 1,524**
**A3 Payments**
PROJECT FUNDING
**-**
DIRECT EXPENSES OF FUNDRAISING
**-**
**-**
INDIRECT EXPENSES
**-**
1 & 1 web hosting
**12**
Wordpress
**43**
**-**
**-**
**-**
**_Sub total_ 55**
**A4 Asset and investment purchases, (see table)**
**-**
**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**1,524**
**-**
**-**
**-**
**-**
**12**
**43**
**-**
**-**
**-**
**55**
**-**
**-**|| ||||||| ||||||**-**| ||||||**-**| ||||||| ||||||**9,427**| ||||||| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**12**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**12**| ||||||| |**A4 Asset and investment purchases, (see table)**|||||| ||**-**|**-**|**-**|**-**|| ||**-**|**-**|**-**|**-**|| |**_Sub total_ -**
**_Total payments_ 55**
**_Net of receipts/(payments)_ 1,469**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**34,552**
**_Cash funds this year end_ 36,021**|**-**|**-**|**-**|**-**| |---|---|---|---|---| |||||| ||**-**|**-**|**55**|**12**| |||||| ||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**1,469**
**-**
**34,552**
**36,021**|**9,415**| |||||**-**| |||||**25,137**| |||||**34,552**| ## **Section B Statement of assets and liabilities at the end of the period** **Categories B1 Cash funds** **B2 Other monetary assets** ## **B3 Investment assets** **B4 Assets retained for the charity’s own use** |**Details**
CURRENT ACCOUNT
DEPOSIT ACCOUT
##
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**21,534**
**14,487**
**-**
**36,021**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|**to nearest £**
**-**
**-**
**-**
**-**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| |||**-**|**-**| |||**-**|**-**| |||**-**|**-**| |||**-**|**-**| |||**-**|**-**| |||**-**|**-**| |**-**||**-**| |---|---|---| |**-**||**-**| |**-**||**-**| ## **B5 Liabilities** Signed by one or two trustees on behalf of all the trustees |**Fund to which**
**liability relates**|**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**|**When due**
**(optional)**| |---|---|---| ||**-**|| ||**-**|| ||**-**|| ||**-**|| ||**-**|| ## **Details** |Signature
Carolyn Rayner|Print Name
CAROLYN RAYNER|Date of
approval| |---|---|---| ||CAROLYN RAYNER|5/15/2024| ||||