## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1[st] January 2024 **To** 31st December 2024 ## Section A Reference and administration details The Canaccord Genuity Wealth Management (CGWM) UK Charitable Foundation **Charity name Other names charity is known by Registered charity number (if any)** 1163295 **Charity's principal address** 88 Wood Street, London **Postcode EC2V 7QR** ## **Names of the charity trustees who manage the charity** ||1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---|---| |||Mike Myers||20/02/2020 - Ongoing|| |||JagSingh||27/09/2021 - Ongoing|| |||David Esfandi|Chair|03/07/2023 - Ongoing|| |||Richard Channon
Hyder||03/07/2023 - Ongoing|| |||Samantha Dunlop||03/07/2023 - Ongoing|| |||Jane Vause||03/07/2023 - Ongoing|| |||Lawrence Craig
Peterman||03/07/2023 - Ongoing|| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| |||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**|||| |||**Name**||**Dates acted if not for whole year**|| ||||||| March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Foundation Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted - (eg. trust, association, company) Appointed by David Esfandi, CEO Canaccord Wealth Management Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **General Information** The Canaccord Genuity Wealth Management (CGWM) UK Charitable Foundation is a CIO and has seven trustees. All trustees are employees and are appointed from Canaccord Wealth. ## **How do we agree on which charities to support?** Every two years from December we solicit charitable support requests from across the Canaccord Wealth business. Colleagues submit requests to a Foundation outlook mailbox and these are aggregated into one summary sheet. The following categories should be investigated fully considered when making the submission: - Nominated Charity - Charity Website - Who Nominated the Charity and how much time they can commit to supporting our money raising efforts - Summary of charities aim / vision - Summary of funding ratio /investment principles of nominated charity - Reason for chosen charity - Other Supporting information and links - Whether charity is officially registered and its Registered Charity Number. Once nominations are received, Trustees review all submissions privately before convening to vote on their pre-determined top three choices. March **2012** **TAR** 2 Declaring any conflict of interest at outset and removing ourselves from voting for that ‘conflict’ charity. ## **Selection Criteria** We support charities with a local or personal connection to the staff of Canaccord Wealth who will also nominate charities to be supported. Nominations are sought, evaluated and selected by the Trustees where it is felt that our financial support can make a significant improvement to the wellbeing of those experiencing hardship. Charities cannot be supported in back-to-back periods and must have a break (of at least two years) before being reconsidered. To date we have not re-elected the same charity. ## **Procedure** On a day-to-day basis trustees are full time employees of Canaccord Wealth and work for Canaccord Wealth ## **Meetings** The Trustees meet formally to vote on charity submissions. They further meet formally each quarter to discuss progress, ideas for charity fundraising events and any further business. Any conflicts of interest are recorded at the start of the meeting and meeting notes agendas are produced. These notes are all approved by all Trustees and then saved electronically with all charity related documentations on a secure, central drive. Access is only permitted to appointed Trustees. ## **Monies** The Foundation does not hold funds on reserve of for grant giving purposes. Any donations are made through our Canaccord Genuity Wealth Management (CGWM) UK Charitable Foundation Just Giving Site (available online and offline) or paid directly into the charity bank account and monies are released in a three way split to the charities. We aim to hold a zero balance at the end of each support period. ## **Section C Objectives and activities** The objects of the CIO are for the public benefit to further such exclusively charitable purposes according to the law of England and Wales as the trustees in their absolute discretion from time to time **Summary of the objects of the** determine, and in particular (but without prejudice to the generality of the **charity set out in its** foregoing), to reflect the proposals expressed by the staff and directors of **governing document** Canaccord Wealth. Nothing in this constitution shall authorise an application of the property of the CIO for purposes which are not charitable in accordance with the Charities Act 2011 and any applicable legistation. March **2012** **TAR** 3 ## Further Information Canaccord Genuity Wealth Management (CGWM) UK Charitable Foundation was previously named The Psigma Foundation which was incorporated August 2015 and following the nomination and submission process we agreed to support the following three charities from the period of December 2014 to December 2015: - Cardiac Risk for the Young (CRY) – http://www.c-r-y.org.uk) - • Sands – https://www.uk-sands.org - Shelter from the Storm – http://www.sfts.org.uk During the initial 12 month period outlined above the trustees organised a number of fundraising activities and set up a Fundraising site through Virgin Giving to hold and subsequently administer funds received in a three way split to the charities represented. As outlined in the Governance section above, from December 2015 we agreed to revise our funding support policy from a 12 month period to 24 months and this came in to effect for the three charities that were selected in January 2016. These were as follows: **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** - NAIT Babies - http://www.naitbabies.org/ - • Restart Lives - www.restartlives.org - Cure Parkinson’s Trust - https://www.cureparkinsons.org.uk These 3 charities ‘term’ came to an end at the end of the 2017 year and following further submissions the Trustees agreed to support three new charities for the 2018-19 period. - Stanstead Lodge - http://www.standsteadlodge.org - • Wooden Spoon – https://woodenspoon.org.uk - Action for A-T – https://actionforat.org ## **2019** **2020** 3 new charities were chosen for the 2020-2021 period: - 3H Helping Hands for Holidays - 3hfund.org.uk - Jo's Cervical Cancer Trust - jostrust.org.uk - • Protection Against Stalking (PAS) - Protection Against Stalking | Look Forward Not Behind Unfortunately, due to the COVID-19 Pandemic, all fund raising activities were cancelled and postponed. ## **2021** The 3 charities for the 2020-2021 period: - 3H Helping Hands for Holidays - 3hfund.org.uk - • Jo's Cervical Cancer Trust - jostrust.org.uk • Protection Against Stalking (PAS) - Protection Against Stalking | Look Forward Not Behind March **2012** **TAR** 4 Jag Singh was added as a Trustee to help with the growth of the foundation **2022** The 3 charities for the 2020-2021 period: - 3H Helping Hands for Holidays - 3hfund.org.uk - Jo's Cervical Cancer Trust - jostrust.org.uk - Protection Against Stalking (PAS) - Protection Against Stalking | Look Forward Not Behind Tom Nunes and John Howard-Smith resigned on 18[th] November 2022. September 2022 – funds were raised through the 3 Peak Challenge attended by 25 fundraisers. ## **2024** 3 new charities were chosen for the 2024-2025 period: - **RESTART Lives** : Provides support to individuals experiencing homelessness. - **Doherty's Destiny** : Offers support to people who have been bereaved by suicide. - **Digswell Place** : Provides horse riding therapy for adults and children with disabilities. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. March **2012** **TAR** 5 Section D Achievements and performance March **2012** **TAR** 6 ## Section D Achievements and performance **Summary of the main achievements of the charity during the year** _PLEASE SEE PREVIOUS SUBMISSIONS FOR INFORMATION ON PREVIOUS RAISES AND CORRESPONDING AMOUNTS._ ## **2024 Update** **2024 was the most successful fund raising year. Activities including bike rides, sport socials, client golf events, bake sales, raffles, quizzes and more. For each of the charities that are selected, there is an associated ambassador who organises charitable activities for employees or clients to participate. Some employees also nominated the charity as their charity for sport activities; half marathon as an example.** March **2012** **TAR** 7 ## **Section E Financial review** The Charity does not hold reserves. **Brief statement of the charity’s policy on reserves** **Details of any funds materially** None **in deficit** ## **Further financial review details (Optional information)** Principle Source of Funds is our friends/colleagues and client’s You **may choose** to include generosity. These are then matched by Canaccord Wealth up to £25,000 additional information, where p/a. relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Mike Myers **Position (eg Secretary, Chair,** Trustee **etc)** March **2012** **TAR** 8 Date 2011012025 TAR Maich 2012 **Charity Name No (if any) CGWM UK Charitable Foundation 1163295 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 1/1/2024 12/31/2024 ## **Section A Receipts and payments** ||||**Unrestricted**
**funds**|**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**|||**Last year**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||**to the nearest**|**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||| |**A1 Receipts**||||||||||||||| |Donations,legacies andgrants|||**38,046**|||**-**||**-**||**38,046**|||**800**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |**_Sub total_**_(Gross income for AR)_|||**38,046**|||**-**||**-**||**38,046**|||**800**|| |||||||||||||||| |**A2 Asset and investment sales,**||||||||||||||| |**(see table).**||||||||||||||| |||||**-**||**-**||**-**||**-**||||| |||||**-**||**-**||**-**||**-**|||**-**|| ||**_Sub total_**|||**-**||**-**||**-**||**-**|||**-**|| |||||||||||||||| ||**_Total receipts_ **||**38,046**|||**-**||**-**||**38,046**|||**800**|| |**A3 Payments**||||||||||||||| |Grant and donationspaid|||**36,000**|||**-**||**-**||**36,000**|||**3,636**|| |Bank charges||||**26**||**-**||**-**||**26**|||**-**|| |Costs ofgeneratingvoluntaryreceipts||||**259**||**-**||**-**||**259**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| |||||**-**||**-**||**-**||**-**|||**-**|| ||**_Sub total_ **||**36,285**|||**-**||**-**||**36,285**|||**3,636**|| |||||||||||||||| |**A4 Asset and investment**||||||||||||||| |**purchases, (see table)**||||||||||||||| |||||**-**||**-**||**-**||**-**||||| |||||**-**||**-**||**-**||**-**||||| ||**_Sub total_ **|||**-**||**-**||**-**||**-**|||**-**|| |||||||||||||||| ||**_Total payments_ **||**36,285**|||**-**||**-**||**36,285**|||**3,636**|| |||||||||||||||| |**_Net of receipts/(payments)_ **|||**1,760**|||**-**||**-**||**1,760**||**-**|**2,836**|| |**A5 Transfers between funds**||||**-**||**-**||**-**||**-**|||**-**|| |**A6 Cash funds**|**last year end**|||**-**||**-**||**-**||**-**||||| |**_Cash funds this year end_ **|||**1,760**|||**-**||**-**||**1,760**||**-**|**2,836**|| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**1,760**
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**1,760**
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OK
OK
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**to nearest £**
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**Cost (optional)**
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**Cost (optional)**
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Print Name
Michael Myers
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Michael Myers|10/20/2025| ||||| CHARITY COMMISSION FOR ENGIMD AND WALES Independent examinerfs report on the accounts Section A Independent Examinews Report Report to the trustees Charity Name CGYIM UK Charliabh Foundallon On accounts for the year ended 3111212024 Charity no (rf any) 1163295 Set out on pag•8 Ihe I I report to the trustees on my examination f the ac¢x)unts of the above charty (Ihe Trust.) for the year ended 31 121204 Responslbilltlos and basis of rèport As the dlarity's trustees, you are responsible for the preparation of the a¢￿Unts in accordance wilh the requirements of Chanties Act 2011 (Yhe Act.). I report in resFed of my examinatlon of the Trust's accounts Carried out under section 145 of the 2011 Act and in carying out my examination. I have followed all the applicab￿ Directions glven by th8 Charity Commission urKler 89Ction 14q5Xb) of the Act. Indepond•nt I have completed my examlnation. I confirm that no materlal matters have •xamlnof8 Statement come to my attention in connection with the examlnation lothar Ihan that disdosed balow ") which gives me cause to bal￿ve thal in, any materlal re8P8Ct.' the accounting record8 were not kept in acGon18n¢e with section 130 of the Charities Act., or the accounts did not 8ccord wlth the accounting records., or the accounts did nol Comply wlth the appllcabl8 requlrements concerning the fonn arKI o)ntent of accounts sel out in the Charilles (Accounts and Reports) Regul8b'ons 2008 other than 8ny requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an irKlependent examination. I have rn concems arKI have come across rK) other matt8r5 in connection th the examination to which attention should b8 drawn in this r6POrt in order to enable a proper understanding of the a¢xounts to be reached. . Please delete the M)rds in the Ixackets rfthey do not apply. Slgn•d: 2f Namo: f¥EE Relovant professional qualification(s) or body (Ir any): Address: g8 a/w 2V 7< IER Oct 2025 Section B Disclosure Only completo if the examiner needs to highlight material matters of concern (see CC32. Independent examination of charity accounts: directh)ns and guhjance for examiners). Glve here brlef details of any items that the oxamlnor wi$ho8 to dlsclose. IER Oct 2025