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2024-12-31-accounts

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 2024

Another quieter year than perhaps we may have hoped for in terms of grants awarded but we have ensured that the projects are in-keeping with our overall youth led mission and we continue to turn away some applications on the basis of a lack of longevity, sustainability, overall impact or, if we have felt that young people are not central enough to the initiative. However, we are pleased to have been able to maintain our very strong link to Regenerate, who have asked for further funding for a ‘Three Peaks Challenge’. Regenerate’s commitment to these challenges to raise funding for projects involving young people on the Alton Estate in South West London, is inspirational and legacy-forming. It has also been pleasing to have been able to support a couple of Northern Ireland-based social-action projects (causes close to Mum and Dad’s hearts).

We continue to be grateful to our primary benefactor, the Medlock Foundation and in particular to David Medlock. We are especially grateful for confirmation of his original commitment to fund the BPF to a total of £250K. Equally, we fully respect his decision that once we have reached the amount originally offered by the Medlock Foundation, there will be no renewal of grants.

Given the challenges of finding funding to support projects at the scale we have been used to, the Trustees, at the 2024 AGM, and in discussion over the course of the year, decided to respond to changed circumstances and expectations by beginning the process of ‘winding down’ the work of the BPF by offering grants of up to £10K with the near £100K of remaining funding. This could be linked to a celebration of the 10[th] Anniversary of the Foundation in 2025. The hope is that these grants can fund some potentially larger-scale, legacy projects, the results of which will be permanently associated with the funding the BPF were able to provide. I think all trustees are of the mind that a plaque, or similar marker might be displayed – where possible – to mark the foundation’s involvement with the project.

The proposal is to circulate a ‘Grants Available’ online poster via UK Youth, who have contacts with over 8,000 youth groups and their leaders through their monthly newsletter. The ‘poster’ is being designed by Heidi Eggleton, in discussion with all Trustees.

It is not without some sadness that this valedictory decision has been reached, but the strong feeling was that, rather than seeing a gradual whittling away of remaining funding, in small

Charitable Incorporated Organisation Registered w ith the Charity Commission in England & Wales Number 1161930 Registered Address: 6 Storrington Road, Croydon, Surrey. CR0 6PN

amounts over potentially a few years, seeking to support projects of a larger impact would give the feeling of some legacy to the foundation’s work and support.

A table of all the grants awarded this year can be found below:

Grants Awarded in 2024 for Annual Report

Name Project Grant
Awarded
Date
John Joe Matthews,
Harberton Special
School, Northern
Ireland
Purchase of equipment to undertake
camping trips whilst caring for the local
environment by litter picking etc.
£4,000 January 2024
All Saints Catholic
Community College,
Huddersfield
DofE expedition equipment to keep in
school for the use of disadvantaged
students who would otherwise be unable
toparticipate.
£540 April 2024
Stromness Academy Group of students to repair and maintain
sheepdykes on North Ronaldsay.
£2,000* April 2024
Sienna Green,
Regenerate, London
Yorkshire Three Peaks Challenge to raise
money to support young people in the
local community.
£3,000 July 2024
Aimee McKee and
peers: Ardoyne Youth
Group, Northern
Ireland
Social action projects in local community. £2,000 October 2024

A copy of the Statement of Accounts and Payments is attached with this report.

We continue to be grateful for the support of Jayne Sims as our administrator and first port of call for most applications and queries to the BPF. Whilst the Trustees and Advisory board thoroughly enjoyed their ‘first-since-Covid’ in-person meeting in July 2024, it has not been possible to repeat that in 2025 and we therefore meet again on the internet!

Signed:

Dave Price (Co-Chair) Date: 14/7/2025

THE BURNS PRICE FOUNDATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 UNRESTRICTED FUNDS 2024 2023 RECEIPTS & PAYMENTS Accoumr Recelpts Donatlon5 Medlock Charitable Trust Other inc Paypal Refund 20.0 58 Tax reclaim Total Recelpts 20,OCKI Payments Grant5 11540 7625 Promotion & Publlclty Trusteeship & Admlnlstratlon 955 557 Totol Puyments 12495 8182 Net OJ Recelpts/Poyments 12437 11818 Cash funds at 31.12.23 Cash fund5 at 31.12.24 34289 21851 22471 34289 STATEMENT OF ASSETS & LIABIUTIES AT 31 OECEMBER 2024 Barclays Communlty Account Paypal Debtors Creditors rotol 22501 1350 32938 1350 21851 34289 Signed by: Date-