2021-12-31-accounts - The Radford Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date 01 01 2021 31 12 2021

From

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1152508

The Radford Foundation

N/A

Charity's principal address One Call Stadium, Quarry Lane

Mansfield Nottingham Postcode NG18 5DA

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Carolyn Radford	Chairperson
	John Radford

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Carolyn Radford

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company)

Appointed by existing Charity Trustees Trustee selection methods

(eg. appointed by, elected by)

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.

Section C Objectives and activities

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

The Radford Foundation will promote for the benefit of the inhabitants of Mansfield Town and the surrounding areas the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.

TAR

March 2012

Working with Mansfield Town Developments Ltd, a Community Interest Company in Mansfield, we have established a purpose built recreational facility at Woburn Lane, Pleasley that is available to the Mansfield Community.

It incorporates a full 3G floodlight football pitch, three full sized football pitches and a mini pitch. In addition there are function rooms, class rooms, offices and a medical facility.

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 facility is available for hire by persons, groups and companies in the Mansfield and surrounding areas at an economic rate with discounts available.

The profits from the facility are invested into the Radford Foundation for further benefits to the community.

We have reached agreement with Mansfield Town Developments for either the lower of a share of Profits made or a Commission on Sales of the Facilities Hire to be paid into the Foundation.

Our vision is to create a safer, stronger community for the people of Mansfield and the surrounding areas, to improve the facilities available to youth programmes and to support the town’s drive, passion and fundamental commitment to economic and social growth.

Additional details of objectives and activities (Optional information)

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

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main Income from the Woburn facility was supplemented by a donation of achievements of the charity £30,000 from John Radford, one of the Trustees during the year This enabled payment to two worthwhile causes: £15,000 to Mansfield Harriers for purchase of floodlights £9,074 to Atomwide for the purchase of 30 Laptops for school pupils and families during the lockdown.

TAR

March 2012

Section E Financial review

Brief statement of the charity’s policy on reserves

Details of any funds materially None in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Jim Beachill

Full name(s) James Beachill Position (eg Secretary, Chair, Treasurer etc) Date 08/11/2022

TAR

March 2012

----- Start of picture text -----
The Radford Foundation 1152508
Receipts and payments accounts CC16a
For the period 01/01/2021 31/12/2021
To
from
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
Donations 30,000 - - 30,000 -
Woburn Road 5,683 - - 5,683 3,463
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
35,683 - - 35,683 3,463
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 35,683 - - 35,683 3,463
A3 Payments
Charitable Activities 24,074 - - 24,074 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 24,074 ] - - 24,074 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 24,074 - - 24,074 -
Net of receipts/(payments) 11,609 - - 11,609 3,463
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 11,609 - - 11,609 3,463
----- End of picture text -----

CCXX R1 accounts (SS)

14/11/2022

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

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature J Beachill Details Details Bank Account Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Debtors Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 16,640 - - - - - 16,640 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ 5,683 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name J Beachill	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 08/11/2022

CCXX R2 accounts (SS)

14/11/2022

CCXX R1 accounts (SS)

14/11/2022

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

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature J Beachill Details Details Bank Account Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Debtors Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 16,640 - - - - - 16,640 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ 5,683 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name J Beachill	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 08/11/2022

CCXX R2 accounts (SS)

14/11/2022