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 2024
CHARITY NUMBER: 1150319
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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
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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
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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 2024.
## **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.
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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.
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Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020
## Objectives, achievements and performance
Activities in 2024
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.
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Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020
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Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020
Objectives for 2025
The Foundation’s main objectives for 2025 are:
To consider how funds can be raised to enable the Foundation to continue.
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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 2024_
The accounts for Lara’s Foundation for the year ended 31 December 2024 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 2024, the trustees held £37,562 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
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Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020
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Lara Jones Charitable Foundation Trustees’ Annual Report and Accounts Year ended 31 December 2020
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B|C|D|E|G|H|I|
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|1|**Accounts 01.01.24 - 31.12.24**
|**LARAJONES CHARITABLE FOUNDATION**||||||
|2||||||||
|3|**Current Acount**|**Receipts**|**Payments**|||||
|4|**Total all Donations**|£973.81|1 & 1 website|£11.99||||
|5||||||||
|6|**Gift AID**|£405.43|WORD PRESS|£43.20||||
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|9|**DEPOSIT INTEREST**|£218.00||||||
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|14|**Total receipts**|£1,597.24||||||
|15||||£55.19||||
|16|**Total Payments**|£55.19||||||
|17|**Total after expenses**|**£1,542.05**||||||
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