CHARITY REGISTRATION NUMBER: 1157263 The Blenheim 2001 Foundation Unaudited Financial Statements 5 April 2024 BURGESS HODGSON LLP Chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN The Blenheim 2001 Foundation Financial Statements Year ended 5 April 2024 Page Trustees, annual report Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial statements The Blenheim 2001 Foundation Trustees, Annual Report Year ended 5 April 2024 The trustees presenl their report and the unaudited financial stalements of the chariiy for the year ended 5 April 2024. Reference and administrative details Registered charity name The Blenheim 2001 Foundation Charily registralion number 1157263 Principal off ice Burgess Hodgson 27 New Dover Road Canterbury CT1 3DN The Iruslees Mr M K Badale Mrs K Yirrell Mr S M Sutton Accounlanls Burgess Hodgson LLP Chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN Structure, governance and managemenl The Blenheim 2001 Foundation is a Charitable Incorporated Organisation. Our main governing document is our Constitution adopted on 21 March 2014. We are led by our Board of Trustees. New Irustees are appointed by Ihe Board of Truslees. In undertaking Iheir work, the trustees will identify any potential risks to the public and beneficiaries, seek to minimise and risks that are identified and ensure Ihat these are no more than a minor consequence of carrying oul the purpose of the charity. Objectives and activities The charity's objective and activity is to provide grants to individuals and organisations lor the benefit ol the public and other charities or voluntary bodies. The trustees have devised a grant making policy and use this policy to make decisions about whom to benefit from the charity. The policy will be reviewed on a regular basis. The public benefit requirement will be considered when setting the policy and when using the policy to make grants. The Trustees confirm they have referred to the guidance conlained in the Charity Commission's general guidance on public benefil when reviewing The Blenheim 2001 Foundation's aims and objectives. The Blenheim 2001 Foundation Trustees, Annual Report (conlinuedj Year ended 5 April 2024 Achievemenls and performance The Foundation made no donations in Ihe year. Financial review There was no income received and no donations were made by the Foundation in bolh the current and prior year. The net assets at the end of the year were £2,882 12023: £2,832). The trustees will distribute the balance on Ihe unrestricted fund of £2,83212023: £2.832) in accordance with their grant making policy in the foreseeable future. The trustees, annual report was approved on trustees by- and signed on behalf of the board of Mr S M Sutton Trustee The Blenheim 2001 Foundation Statement of Financial Activities Year ended 5 April 2024 2024 Unreslricted funds Total funds 2023 Total lunds Not& Reconcillatlon of funds Total funds brought forward Tolal funds carried forward 2,832 2,832 2,832 2,832 2,832 2,832 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The notes on pages 6 to 9 form part of these flnanclal statements. The Blenheim 2001 Foundation Statement of Financial Position 5 April 2024 2024 2023 Note Current assets Cash at bank and in hand 2.832 2,832 2,832 Net current assels 2,832 2,832 Tolal assets less current liabilitles 2,832 Funds of Ihe charity Unrestricted funds 2,832 2,832 Total chariiy funds 2,832 2,832 These financial statements were approved by Ihe board ol Iruslees and authorised for issue on and are signed on behalf of the board by.. Mr S M Sulton Trustee The notes on pages 6 to 9 form part ol these flnancial statements. The Blenheim 2001 Foundation Statement of Cash Flows Year ended 5 April 2024 2024 2023 Net decrease In cash and cash equlvalenls Cash and cash equivalents al beglnnlng of year Cash and cash equlvalents al end of year 2,832 2,832 2,832 2,832 The notes on pages 6 to 9 form part of these flnanclal statements. The Blenheim 2001 Foundation Notes to the Financial Statements Year ended 5 April 2024 General information The charity is a registered charity in England and Wales and is a Charitable Incorporated Organisation. The address of the principal office is 27 New Dover Road, Canterbury, CT1 3DN. Statement of compliance These financial statements have been prepared in compliance wilh FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland IFRS 1021 {Charilies SORP IFRS 102)) and the Charities Act 2011. Accounting pollcles Basls of preparation The financial stalemenls have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statemenls are prepared in sterling, which is the functional currency of the entity. Going concern There are no malerial uncertainties about the charity's abilily to continue. Judgements and key sources of estimation uncertainty The preparation ol the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future evenls Ihat are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use al the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expendilure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricled income funds or endowment funds. The Blenheim 2001 Foundation Notes to the Financial Statements (contlnued) Year ended 5 April 2024 Accounting pollcles (Gontlnued) Incomlng resources All incoming resources are inclLfded in the statement of financial aclivilies when entitlement has passed to the charity., it is probable that the economic benefits associated with the Iransaclion will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or granls is recognised when there is evidence of enlitlemenl to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounls are included for the contribulion of general volunteers. income from contracts for the supply of services is recognised wilh the delivery ol the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings ol Ihe slatement of financial aclivities to which il relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activilies includes all costs incurred by a charity in undertaking activities Ihat further its charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating to the governance of the charity apportioned lo charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs altributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. The Blenheim 2001 Foundation Notes to the Financial Statements (conlinuedj Year ended 5 April 2024 Accounting pollcles (contlnued) Flnancial instruments Financial liabilities and equity instruments are classified according to the substance of the contractual arrangemenls entered into. Debtors and creditors with no slated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administralive expenses. Loans and borrowings are initially recognised al the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effeclive interest rate method, less impairment. If an arrangement constilules a finance Iransaclion it is measured at present value. Staff costs The average number of persons employed by the charity during the year ended 5 April 2024, including the directors, amounted to nil {2023 - nil). Trustee remuneralion and expenses There were no trustees, remuneralion or other benefits for the year ended 5 April 202412023 - no remuneration). None of the Irustees received any expenses during the year ended 5 April 2024 12023 expenses}. no Analysis of charitable funds Unrestricted funds Al 6 April 2023 and 5 April 2024 General lunds 2.832 At 6 April 2022 and 5 April 2023 General funds 2,832 The Blenheim 2001 Foundation Notes to the Financial Statements (continued) Year ended 5 April 2024 Analysis ol net assels between funds Unrestricted Total Funds Funds 2024 Current assets 2,832 2,832 Unreslricted Total Funds Funds 2023 Current assets 2,832 2,832 Analysls of changes In nel debt At 6 Apr 2023 Cash flows At 5 Apr 2024 Cash al bank and in hand 2,832 2,832