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2021-10-31-accounts

Trustees’ Annual Report for the period

From 01/11/2020 Period start date To Period end date

31/10/2021

Charity name: The Budding Foundation

Charity registration number: 1155335

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To help improve the lives and of young
people aged 5 to 21 who due to poverty,
disability & lack of support are in need
of financial assistance. To run a small
museum linked to the charity for fund
raising purposes.
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		 To provide grants via Local Authorities,
Schools & Colleges & other
Charities/Organisations who have
identified a young person in need of
support. Museum is responsible for
raising the majority of our funds.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees are fully aware of the
guidance issued by the Charity
Commission on public benefit.

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 The charity has provided 53 grants in
the year totalling £21,637
Whilst the majority of grants are for
individuals, some are to help groups of
young people, for example respite
outings for young carers, day trips for
those with disabilities.
This year’s grants have helped improve
the lives of more than 250 young
people.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Again a difficult year due to the Covid 19
pandemic, Xmas 2020 fundraising
proceeded subject to restrictions and
helped maintain our financial position.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Restricted funds of £20,000 held to
maintain museum & operational costs
for a suitable period.
Amount of reserves held Para 1.22 £20000
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust Deed dated 19th August 2013
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Unincorporated Association
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 Appointment of new trustees to be
approved by a minimum of two existing
trustees in accordance with Trust Deed
dated 19th August 2013

Reference and Administrative details

Charity name The Budding Foundation
Other name the charity uses Museum of Gardening
Registered charity number 1155335
Charity’s principal address 35 Culver Road, Lancing, West Sussex, BN15 9AX

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 (ifany)
Clive Gravett
Lawrence Stevens
Kate Angel

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A 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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

N/A

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)
Position (eg Secretary,
Chair, etc)
Date		 C Gravett K Angel
Clive Gravett Kate Angel

Chairman		 Secretary
4thJan 2022
4thJan 2022

The Budding Foundation 1155335 Receipts and payments accounts For the period 01/11/2020 To from

CC16a 31/10/2021

Section A Receipts and payments

Unrestricted
funds		 Restricted
funds		 Endowment
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 15,480 - 15,480 -
Gift Aid 4,615 - - 4,615 -
Sales 1,775 - 1,775 -
Activites 29,571 - - 29,571 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 51,441 - - 51,441 -
A1 Receipts Unrestricted
funds
to the nearest
£
15,480
4,615
1,775
29,571
-
-
-
-
51,441		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
15,480
4,615
1,775
29,571
-
-
-
-
51,441		 Total funds
to the nearest £
15,480
4,615
1,775
29,571
-
-
-
-
51,441		 Last year
to the nearest £
Donations 15,480 - 15,480 -
Gift Aid 4,615 - - 4,615 -
Sales 1,775 - 1,775 -
Activites 29,571 - - 29,571 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 51,441 - - 51,441 -
A2 Asset and investment sales,
(see table).		 -
-
51,441
21,637
8,829
2,843
-
-
-
-
-
33,309
7,809
-
7,809
41,118
10,323
-
43,293
53,616		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
20,000
20,000		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 -
-
-
51,441
21,637
8,829
2,843
-
-
-
-
-
-
33,309
7,809
-
7,809
41,118
10,323
- -
Sub total - -
Total receipts
A3 Payments
-
Grants 21,637 -
Events 8,829 -
Costs 2,843 -
-
- -
- -
- -
- -
- -
**Sub total ** 33,309 -
A4 Asset and investment
purchases, (see table)
Heritage Assets 7,809
-
**Sub total ** 7,809 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
10,323 - - 10,323 -
- - - - -
43,293 20,000 - 63,293 -
53,616 20,000 - 73,616 -

CCXX R1 accounts (SS)

30/06/2022

1

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		 K Angel
Signature
C Gravett
Details
Details
Bank Account (Nat West)
PayPal
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
43,514
20,000
10,102
-
-
-
53,616
20,000
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Clive Gravett
Kate Angel		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
C Gravett Clive Gravett 04/01/2022
K Angel Kate Angel 04/01/2022

CCXX R2 accounts (SS)

30/06/2022

2

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Budding Foundation On accounts for the year ended 3151 October 2021 Charity no lif any 1155335 Set out on pages One I report to the trustees on my examination of the accounts of the above harity (Yhe Trusf) for the year ended 8 1 1 0 I. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charty Commission under section 145(5){bl of the Act. I have completed my examination. I confim that no material matters have come to my attention (other than Ihat disclosed below "} in connection wrth the examination which gives me cause to believe that in, any material respect: accounling ￿CordS were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the b￿CketS if they do not apply. Signed: Date: oll Name: CLKFtoob O-YQEILLI r4 Relevant professional qualificationls) or body (if any): Address: yo 5 -Ex .s sK)8soy EtyJi+s SG IER October 2018