Registered Charity No. 1162439 THE ANDY GUNN FOUNDATION REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 THE ANDY GUNN FOiINDATION INDEX YEAR ENDED 31 DECEMBER 2022 Report of the Tn Balance sheet Accounting p)licies THE ANDY GUNN FOUNDATION GENERAL INFORMATION YEAR EIYDED 31 DECEMBER 2022 Trustees Mr R Stq)knson (Ctsairn￿) MrMGu Mr B Roughly Mr MP Ryan Principal Addrt 5.7 Pdlcw Arcale T¢ign IkvoAL TQ14 8EB Independent Ex•minen 5-7 Pellew Arcade Teigtt Stre Teignm￿th IkV0￿ TQ14 8EB Bankers Re￿d Ch￿lty Number 1162439 Rstablished by D¢ed Julle 2015 For the public b¢nefit to adva￿¢ the cdueation {I￿lUdIng Social and physical training) of p¢opl¢ of aIl ages seekinB a career in hospitality and related industsies in DevoD in suth ways as foundation Tn￿ think fiL iti¢ludiDg providxng theAr education (including the Sts￿y of cooking or other hospitality s￿*¥ Telated leanung). to un(krtake travd in furtheranc¢ of that education or to preoare for entry to any wat10￿ Irndc or profe&8ion within th¢ hwitality sector on leaving any e4kncatiord estabiisbttwL The reli¢f of financial har(18hip and poveTty among people IiviDg or working in the hospitality sector by providlng such p¢rsons with 8{￿8/servI￿ which t￿ could Other￿ afford through lack of meats. Thc reli¢f of unanploYn￿nt in D¢von for public ba￿fit ill ways as may be th(j￿ht ft. THE ANDY GUNN FOiINDATION REPORT OF THE TRUSTETr YEAR ENDKD 31 DECEMBKR 21)22 Structure9 yvernanct •#d mAnagell￿t The F¢Mmdation is an unit￿ted ¢lwity. C￿tn￿ a Dwl dated June 2015 and is a registered clwity, mimber 1162439. Th¢ power to apJx)int new TTUStees is vested with the ChairD)ati. R¢sporL8ibility for the induction of any n¢w Trnste4 ￿1th involves awarenw of ts hiw. the apprc%wh of the ¢harity and understaTh￿ of a Trustee's dutt¢s lles with the Tn￿. A ttew Trustee will receive copies of the pffvious year's accwts. At the Tmstees, n)eding the TTus*u agree the Stratrgy of th¢ IW ]￿ll￿ng cfjnsidffjtion of donation makmg. inv¢stm¢nts, reserves and Tisk twement ￿)]1￿1¢9. Tr day4041&y adniinistration of th¢ ¢harity is carried by the CEO. The major Tisks to Bhith th¢ Tntst may be exposed identified by tbe Trust¢¢s bav¢ been Miewed to C4)Dfirm that g)stems where appropriate ¢xist to mitigate thosc risks. Grant making policy have received. A￿l￿￿8h the Tn￿ make s(4ne 8rants with no fonDal applications they wftll 1x)rn￿llY ￿qUIre organisalions to Submit a request explaAnin8 how the funds ¢(￿]d be used and what would be achieved. The Tft￿ also meet lo consi(kr applicall0￿ from indivithals who disadvan￿e￿ for Obie¢tive8, ￿tIvItIeS and achievemettts for the public betrfit Tr (kniective ofthe C]WAty is to provi(k &Mwtioos and grants iti the of D¢von. lo make dooations wh¢r¢ it considered applicable under its t)bjecliv¢s. lu January 2022 £3,454.(K) was given to No Limits Café in New￿1 Abbot to eI￿le them to Ca￿ on with tbe Barista tsainin& customers s¢rYi¢¢ kntning and b￿ll¢ caterio8 skills for their ondi(knt&%. The after eff￿ of th¢ pandemic ar¢ still havin8 affe4#tng funds coming into the F￿10n as it Iw been difficuh to hold fwid rising activiti¢s. HoR¢vex, throUgh￿t the year tk Foull￿ received a total of £1.138.20 from quizzes and raffles and £117.07 ftn th¢ forni of donatiOll8 aDd a donation of £500 was received from a branch of the R(*ary Chth. The Trnths. having re8ard to the Public Benefft GuidanLX by the Charity COMM￿0￿ ID accordance with s￿110￿ 17 of chaTitI￿ Act 2011, consider that the puryNx and activities of the chzrity satisfy tbe of the Public Benefit test sd {￿t in Section 4 otthe same Act. Investment policy donations in the 8IM)rt time sinc¢ Te8istrnts￿ in 2015. Howev¢r, during 2022 th¢ afternmth pandemic 'as still having an efftct rn mon¢y CA)ming lo the F￿Mdati￿ as planned fijnd raising a¢liNrytses were UDablc to tak¢ place THE ANDY GUNN FOUNDATION REPORT OF THE TRUSTEKS c4At. YEAR EIWED 31 DECEMBER 2022 Inyestment policy collt. Athlitionally, with more bills in pubs and r&￿au[￿ ￿lti8 sdtled by 'earth' and peq)Ee where not carrying cash less nwiey VMS IKAtiS Put in'jars ￿ bars, iRrt the 'iars ￿ bars, Tnistees have tsrted the statutory duty of care ryired by the Trnstee Act 20(K), in sel*ion to thgir holding suitable investments al￿ th¢ for diva5ification of inyesthknts so far as is appriwriate to the cireumthces of the fouulation. Reserves PDII The Tn￿t created ID hll¢ 2015 and provides the TnL*cts with wide powers to distribute It is the Tn￿ tx>li¢y not to rdain r&8¢rves as ovthdg are low and the that are made vary However. as the Chanty is still seeking grant recipients. the Tnistets felt the need to (x)n)plete 2022 with reSe￿e$. to ensure the c]wity was ad•ty preparol for these prOJ￿ts. nkn¢1￿ statements The Financtai Statem¢rts ¢omply with the requtrements of the CIwAties kn 2011 and the Staknttents Trustees. ruponsibilities in rdatiott to tht fitt•n¢ial staten*ttts acc4)rdance with applicable law and UDit¢d King(kAn Stafylarth. Tr law applicable lo charities in England and Wales rquiru the Tn￿ to prepaff financial Statem￿ for each financial year that give a tnK and fair vi¢w of the sfatr of affairs of the clwity and of the itwming r¢s￿r¢e9 aryl application of r￿(xtr¢￿ of the cknity for that perA