Forge House, Pilton, Shepton Mallet, Somerset BA4 4AX burnspricefoundation@gmail.com burnspricefoundation.org.uk facebook.com/burnspricefoundation Trustees: Rt. Rev. Peter B. Price; Mrs. Edith Price MBE; David Price; Neil Price; John-Daniel Price; Heidi Eggleton; Peter Bramwell ## **ANNUAL REPORT 2023** A quieter year than perhaps we may have hoped for in terms of grants awarded but we have tried to ensure that our projects are in-keeping with our overall youth led mission and we have had to turn away some applications on the basis of a lack of longevity to the project or if we feel that young people are not central enough to the initiative. However, we are pleased to have struck up strong links with groups at Stromness Academy, Orkney and Youth Group, Regenerate, who have returned for further funding opportunities. Regenerate’s ‘Ride to Rome’ which we awarded £5000, in turn raised over £50,000 to support projects involving young people on the Alton Estate in South West London. We continue to be grateful to our primary benefactor, the Medlock Foundation and in particular to David Medlock. We wish to formally record our great sadness and regret after the recent death of David’s wife, Jacky. We send David and all his family our thoughts, prayers and deepest sympathies at this terribly sad time. We are ever so grateful for the funding the Charity has received but respect the decision that once we have reached the amount originally offered by the Medlock Foundation that there will not be a renewal of grants. Applications dependent, it is likely that the BPF Trustees will need to make a decision over the coming 12-18 months as to whether to pursue funding from elsewhere or consider winding down the Foundation. There have been some initial discussions amongst Trustees on this matter, but no formal decision has been reached. Trustees have taken the decision to move the Foundation’s bank account to an ethical bank; this move is to be actioned as soon as all necessary paperwork is available. The Trustees are aware of the importance of marketing the Foundation through social media but in truth have little time to pursue this area. Initial discussions with UK Youth have provided an opportunity to spread the word of the BPF to over 8,000 youth groups and their leaders through their monthly newsletter. The opportunity to piggyback on to an existing database is certainly appealing and early discussions with UK Youth have suggested much alignment with the ethos of the BPF. Trustees hope that the increased exposure of the BPF will result in an uptick in applications over the next year. A table of all the grants awarded this year can be found below: ## **Grants Awarded in 2023 for Annual Report** |**Name**|**Project**|**Grant**
**Awarded**|**Date**| |---|---|---|---| |Scott Sinclair + 7 peers
from Stromness
Academy|Second instalment of grant to maintain
and repair sheep dykes on Orkney|£725|March 2023| |Paige Lawton + 5 peers
from Regenerate
Community Group in
London|Cycle Ride ‘Rome2Home’ to raise funds to
support the local community.|£5,000|May 2023| |Enya Maylor + 3 peers
from Birkheads Wild
CIO|Participate in the Tall Ships Voyage to raise
funds for local community.|£1,000|June 2023| |Enisha Kane and Miya
Sampson from Romero
Action Youth Group|Intergenerational community wellbeing
project.|£900|November 2023| ||||| A copy of the Statement of Accounts and Payments is attached with this report. We have been delighted to add to our board with Kat McCullan joining us in an advisory role, we look forward to drawing upon her expertise in the coming year and we continue to be grateful for the support of Jayne Sims as our administrator and first port of call for many applications. The Trustees and Advisory board are looking forward to their in-person meeting in July 2024, the first face to face meeting since the dawn of the Covid Pandemic. Signed: ## **John-Daniel Price (Co-Chair)** Date: 15/7/2024 Charitable Incorporated Organisation Registered w ith the Charity Commission in England & Wales Number 1161930 Registered Address: 6 Storrington Road, Croydon, Surrey. CR0 6PN THE BURNS PRICE FOUNDATION Registered Charity 1161930 FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 UNRESTRicfED FUNDS 2023 2022 RECEIPTS & PAYMENTS ACCOUNT Recelpts Donations Medlock Charitable Trust Other inc Paypal Refund 20.000 33 170 Tax reclaim Total Recelpts 20,LK>O 203 Payments Grant5 7625 16285 Promotton & Publiclty 1309 Trusteeship & Administradon 557 675 Total Poyments 8182 18269 Net of Re¢elpts/Poyments 11818 18066 Cash funds ot 31.12.22 Cash funds at 31.12.23 22471 40537 22471 34289 STATEMENT OF ASSETS & LIA8IUTIES AT 31 DECEMBEft 2023 Barclays Community Account Paypal Debtors Creditors Totol 32938 1350 21571 1350 450 22471 34289 Signed by: Date.. 20