## **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** |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||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 **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 1 |**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 2 ## ## ##