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← The Budding Foundation

2025-10-31-accounts

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Trustees’ Annual Report for the period

From 01/11/2024 Period start date To 31/10/2025 Period end date

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 31 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 83 grants in
the year totalling £15,782
Grants have been made available to
individuals/families (19), Groups of
young people via organisations & other
charities (36) Schools/learning projects
(28).
This year’s grants have helped improve
the lives and benefited several thousand
young people in Sussex.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Financial position improved by 25%
approx. this year.
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

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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 1stNov 24 to 18thAug25
Kate Angel
Hazel Haylock

– 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) C Gravett K Angel Kate Angel Full name(s) Clive Gravett Position (eg Secretary, Chairman Secretary Chair, etc) Date 15[th] Dec 2025 15[th] Dec 2025

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The Budding Foundation 1155335 Receipts and payments accounts CC16a For the period 01/11/2024 31/10/2025 To from

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
33,649
762
5,942
2,227
-
-
42,580
-
-
42,580
15,782
2,099
8,849
-
-
-
-
-
26,730
26,730
15,850
-
44,347
60,197		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
20,000
20,000		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
33,649
762
5,942
-
-
2,227
-
-
42,580
-
-
-
42,580
15,782
2,099
8,849
-
-
-
-
-
-
26,730
-
26,730
15,850		 Last year
to the nearest £
Donations 33,649 -
Gift Aid 762 -
Sales 5,942 -
Activites -
Sundry -
Interest 2,227 -
- -
- -
Sub total(Gross income for
AR)		 42,580 -
A2 Asset and investment sales,
(see table).
- -
Sub total - -
Total receipts
A3 Payments
-
Grants 15,782 -
Activities 2,099 -
Costs 8,849 -
-
- -
- -
- -
- -
- -
**Sub total ** 26,730 -
A4 Asset and investment
purchases, (see table)
Assets
Sub total -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
15,850 - - 15,850 -
- - - - -
44,347 20,000 - 64,347 -
60,197 20,000 - 80,197 -

CCXX R1 accounts (SS)

02/12/2025

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Section B Statement of assets and liabilities at 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
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Bank Account (Nat West)
PayPal
Details
Details
Details
K Angel
Signature
C Gravett		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
59,720
20,000
477
-
-
60,197
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 15th Dec 2025
K Angel Kate Angel 15th Dec 2025

CCXX R2 accounts (SS)

02/12/2025

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