DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
**Charity number: 1163717**
## **SSP FOUNDATION**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2022**
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charitable incorporated organisation,**|1|
|**its Trustees and Advisers**||
|**Trustees' Report**|2 - 6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9|
|**Notes to the Financial Statements**|10 - 24|
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2022**
|**Trustees**|Kiran Bharadia (resigned 23 September 2021)|
|---|---|
||Russell Chaplin, Treasurer|
||Marisa Fitch, Deputy Chair from 14 January 2023|
||Rachel Howarth, Chair (resigned 12 July 2021)|
||Rosemary Jones|
||Richard Lewis, Chair (appointed 21 July 2021, resigned 14 January 2023)|
||Andy Martindale (resigned 17 November 2022)|
||Katherine Merley (appointed 15 December 2021, resigned 1 December 2022)|
||Roxanne Minbatiwala (appointed 15 December 2021)|
||Helen Rylands|
||Leslie Slye (appointed 15 December 2021)|
||Joel Thethy (appointed 15 December 2021)|
||Sukjander Tiwana, Chair (appointed 14 January 2023)|
|**Charity registered**
**number**
1163717
**Principal office**
Jamestown Wharf
32 Jamestown Road
London
NW1 7HW
**Accountants**
Kinnair Associates Limited
Chartered Accountants
Aston House
Redburn Road
Newcastle upon Tyne
NE5 1NB
**Bankers**
NatWest Bank plc
PO Box 12258
1 Princes Street
London
EC2R 8BP||
Page 1
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2022**
The Trustees present their annual report together with the financial statements of the charitable incorporated organisation (the "Charity") for the year from 1 July 2021 to 30 June 2022.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charity’s governing document, the Charities Act 2011 and the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Objectives and activities**
## **Policies and objectives**
The Charity’s objectives are to support charities which help those struggling to feed themselves or which combat food poverty and / or food waste.
The Charity also has an objective of match funding charities selected by employees of the SSP Group (principally employees of Select Service Partner UK Limited or "SSP UK") where the employees raise funds themselves for such charities or provide time to assist such charities. The Charity will also make donations (from time to time) to charities nominated by SSP UK employees as part of a programme of ensuring the SSP UK workforce is aware of the Charity and that it is passing monies to good causes.
The Charity’s policies are designed to help it achieve its objectives – further details are provided below.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Strategies for achieving objectives**
The Charity works with SSP UK to identify charities which help those struggling to feed themselves or which combat food poverty and / or food waste.
The Charity communicates with employees of SSP UK on a regular basis to inform them of its activities, and of its match funding arrangements.
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **Objectives and activities (continued)**
## **Grant-making policies**
The Charity has a detailed policy on grant making. Consequently, grants should only be made where the purpose is:
a) to match funding raised by SSP UK employees who have undertaken personal fundraising or volunteering for a registered charity,
b) to make grants to charities nominated by SSP UK employees,
c) to make grants to charities which help those struggling to feed themselves or which aim to reduce food waste.
Any grants made under c above must include a provision that detailed progress reports are made on a regular basis to the Foundation to enable it to determine that proper use is being made of the funding.
Applications for donations must be scrutinised and must be approved by the Trustees before notification confirming payment can be given to the applicant. Donations will only be given to fund work or other activities that will help the Foundation carry out its objects, for example by supporting “local charities” that operate in the communities where SSP UK operates.
## **Main activities undertaken to further the charitable incorporated organisation's purposes for the public benefit**
The main activity undertaken in the year of the Charity was to support projects organised by FareShare and by the Trussell Trust. The former was to provide funding for the purchase of a lorry to make deliveries of food to food banks in the Midlands, while the latter was to provide funding to help support a helpline giving advice to callers on food bank locations and on access to financial support from government and others (e.g. via claiming benefits).
In addition the Trustees have agreed to support a charity nominated by SSP UK employees as their “Charity of the Year” – see section below.
The Trustees confirm that they have had full regard to the public benefit guidance provided by the Charity Commission.
## **Achievements and performance**
## **Key performance indicators**
The Charity has been operating since December 2015. It keeps track of donations made via collection boxes at SSP UK sites on a regular basis and will review and amend KPI's according to the level of funds received from fundraising.
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **Achievements and performance (continued)**
## **Review of activities**
The Charity has placed collection boxes for donations at all (or nearly all) of the sites in the UK where operating companies within the SSP Group have activities (effectively most major train stations and airports).
During the year, the Foundation made 178 grants with a total value of £362,441 to a range of both local and national charities. The total includes amounts payable to the SSP Charity of the Year (see below), the amounts due to FareShare and the Trussell Trust (see below) and grants to a multitude of charities proposed by SSP UK employees.
The SSP Foundation continues to support the SSP Charity of the Year. At the beginning of 2018, SSP UK colleagues were given the opportunity to vote for their Charity of the Year and they chose Macmillan Cancer Support. A network of charity champions was recruited to provide help coordinating activities and teams across the SSP UK business and who took on a wide range of fundraising activities throughout the year. Colleague fundraising was supported by the SSP Foundation, which made an initial grant of £100,000 to kickstart colleague fundraising and also donated at least 33% of its collection tin income during the year. Subsequently SSP UK colleagues voted to continue with Macmillan Cancer Support as their Charity of the Year and accordingly the SSP Foundation made further grants of £100,000, £150,000 and £100,000 in 2019, 2020 and 2022 respectively (but nothing in 2021 due to the impact of Covid-19 on income), and the Foundation continued to donate at least 33% of its collection tin income.
The Foundation Trustees had discussions with a number of potential charity partners to look at opportunities to support projects linked to food poverty and food waste. Projects were agreed with new charity partners, FareShare and the Trussell Trust, and these began in 2022. The Foundation provided a grant of £60,000 to FareShare which has been used to help finance the acquisition of a lorry to make deliveries to Food Banks in the Midlands. The Foundation also provided a grant of £50,000 to the Trussell Trust which has been used to gear up a helpline providing advice and support to callers struggling to feed themselves and their families. The Foundation has set up a hardship fund and an aggregate grant of £4,394 was sent to employees in The Philippines who lost homes (and all their possessions) due to a typhoon.
## **Fundraising activities and income generation**
The Foundation’s principal method of raising funds is to place collection tins in food and beverage outlets operated by Select Service Partner UK Limited in railway stations and airports in the UK. As customers visiting those units move to paying by credit or debit card or similar rather than by cash, donations will inevitably decline therefore the Foundation is investigating alternatives.
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **Reserves policy**
The reserves policy is being developed as the level of the Charity’s income and fixed costs become clearer. It is expected that the policy will be to maintain sufficient reserves to meet one year’s running expenses, together with amounts sufficient to fund any ongoing projects for any commitments made by the end of the accounting period.
## **Principal funding**
The Charity receives funds from donations made by members of the public, who put cash into collection boxes at food and beverage outlets operated by Select Service Partner UK Limited (SSP UK) – the main UK operating company within the SSP Group.
The Charity is looking at introducing donations by credit and debit card at SSP UK outlets.
## **Structure, governance and management**
## **Constitution**
The charitable incorporated organisation was incorporated on 24 September 2015 and commenced trading on that date.
The principal object of the Charity is to hold its funds (and any income arising therefrom) on trust to pay or apply in such way as the Trustees think fit for such charitable purpose or for the benefit of such charitable institutions as the Trustees decide.
## **Methods of appointment or election of Trustees**
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution. Although not a requirement, all the current Trustees are, or were, employees of companies within the SSP group of companies (one of the Trustees is a former employee). It is expected that one or more individuals who are not employees of an SSP Group company will be appointed as Trustees in the near future.
## **Organisational structure and decision-making policies**
The Charity is a small organisation and operates through its board of Trustees, who meet regularly. All decisions are taken at meetings of the Trustees.
## **Policies adopted for the induction and training of Trustees**
The Trustees provide copies of the Constitution and relevant Charity Commission guidance to new Trustees and expect all Trustees to attend such training courses as are relevant to ensuring Trustees carry out their responsibilities in an appropriate fashion.
## **Change of independent examiner**
Our Independent Examiner, Detlev Anderson, changed firms and consequently Kinnair Associates Limited were appointed as the Charity’s accountants during the year.
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## **SSP FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **Plans for future periods**
The Foundation will continue to make grants to employee nominated charities and to projects supporting the reduction or elimination of food poverty and food waste.
In addition, the Foundation has set up a Hardship Fund, in order to provide support to employees or former employees of SSP UK (or other companies within the SSP group) or their families, in particular because of the impact of Covid-19 and the significant redundancy programme instituted by SSP UK as a consequence thereof, and due to the current cost of living crisis. The Foundation also hopes to get the UK workforce more involved.
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable incorporated organisation and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable incorporated organisation will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable incorporated organisation's transactions and disclose with reasonable accuracy at any time the financial position of the charitable incorporated organisation and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charitable incorporated organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 20 January 2023 and signed on their behalf by:
**Russell Chaplin** Trustee
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2022**
## **Independent Examiner's Report to the Trustees of SSP Foundation ('the charitable incorporated organisation')**
We report to the charity Trustees on our examination of the accounts of the charitable incorporated organisation for the year ended 30 June 2022.
## **Responsibilities and Basis of Report**
As the Trustees of the charitable incorporated organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
We report in respect of our examination of the charitable incorporated organisation's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
Your attention is to drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). This is in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
We understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
1. accounting records were not kept in respect of the charitable incorporated organisation as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the charitable incorporated organisation's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our work has been undertaken so that we might state to the charitable incorporated organisation's Trustees those matters we are required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable incorporated organisation and the charitable incorporated organisation's Trustees as a body, for our work or for this report.
Signed: Dated: 24 January 2023 Detlev Anderson FCA **Kinnair Associates Limited** Chartered Accountants Aston House Redburn Road Newcastle upon Tyne NE5 1NB
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022**
|**Note**
**Income from:**
Donations and legacies
2
Other income
3
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
**83,962**
**-**
**83,962**
**361,651**
**361,651**
**(277,689)**
**856,720**
**(277,689)**
**579,031**|**Restricted**
**funds**
**2022**
**£**
**2,920**
**4,840**
**7,760**
**7,760**
**7,760**
**-**
**-**
**-**
**-**|**Total**
**funds**
**2022**
**£**
**86,882**
**4,840**
**91,722**
**369,411**
**369,411**
**(277,689)**
**856,720**
**(277,689)**
**579,031**|_Total_
_funds_
_2021_
_£_
_32,927_
_28,952_
_61,879_
_101,067_
_101,067_
_(39,188)_
_895,908_
_(39,188)_
_856,720_|
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 24 form part of these financial statements.
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DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **BALANCE SHEET AS AT 30 JUNE 2022**
|**Note**
**Current assets**
Debtors
8
Cash at bank and in hand
Creditors: amounts falling due within one
year
9
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Total assets**
**Charity funds**
Unrestricted funds
11
**Total funds**|**-**
**652,632**
**652,632**
**(73,601)**|**2022**
**£**
**579,031**
**579,031**
**579,031**
**579,031**
**579,031**
**579,031**|_5,040_
_876,262_
_881,302_
_(24,582)_|_2021_
_£_
_856,720_|
|---|---|---|---|---|
|||||_856,720_|
|||||_856,720_|
||||||
|||||_856,720_|
|||||_856,720_|
||||||
|||||_856,720_|
The financial statements were approved and authorised for issue by the Trustees on 20 January 2023 and signed on their behalf by:
## **Russell Chaplin**
Trustee
The notes on pages 10 to 24 form part of these financial statements.
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
SSP Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Foundation has adequate financial resources to continue in operational existence for the foreseeable future and they continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **1.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
## **1.5 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **1. Accounting policies (continued)**
## **1.6 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.7 Liabilities**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **1.8 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **2. Income from donations and legacies**
|**Unrestricted**
**funds**
**2022**
**£**
Donations
83,962
Donations|**Restricted**
**funds**
**2022**
**£**
2,920
_Unrestricted_
_funds_
_2021_
_£_
_32,927_|**Total**
**funds**
**2022**
**£**
**86,882**|
|---|---|---|
|||_Total_
_funds_
_2021_
_£_
_32,927_|
## **3. Other income Income from fundraising events**
|Fundraising
Fundraising|**Restricted**
**funds**
**2022**
**£**
4,840
_Restricted_
_funds_
_2021_
_£_
_28,952_|**Total**
**funds**
**2022**
**£**
**4,840**|
|---|---|---|
|||_Total_
_funds_
_2021_
_£_
_28,952_|
A member of the SSP Group senior team organised a fundraising dinner to raise money to donate to the Ukraine Appeal (2021: The British Asian Trust, which organises the supply of oxygen cylinders to hospitals in India) which raised £4,840 (2021: £6,500).
In 2021 £22,452 was also received in donations from suppliers to SSP group companies.
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **4. Analysis of grants**
|Grants payable
Grants payable|**Grants to**
**Institutions**
**2022**
**£**
362,441|**Hardship**
**grants**
**2022**
**£**
4,394
_Grants to_
_Institutions_
_2021_
_£_
_90,952_|**Total**
**funds**
**2022**
**£**
**366,835**|
|---|---|---|---|
||||_Total_
_funds_
_2021_
_£_
_90,952_|
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **. Analysis of grants**
|**Recipient**
1st Redbourne Scout Group
5th Crawley Scout Group
Aberdeen Association of Social Service (Vsa)
Aching Arms
Acorns Children's Hospice Trust
Action for Homelessness in Folkestone
Age Concern Windsor
Age UK Medway
Aid for Children with Tracheostomies
Air Ambulance Northern Ireland
All Saints C.E. Primary School & Nursery Parent Teacher Association
Alzheimer's Society
Anthony Nolan Trust
Arthur Rank Hospice Charity
Asha-Nepal
B.A.S.I.C. Brain And Spinal Injury Centre Limited
Barnardos
Battersea Dogs and Cats Home
Bauer Radio's Cash For Kids Charity
Beatson Cancer Charity
Birmingham Dogs Home
Bliss - The National Charity for the Newborn
Brain Tumour Charity
British Asian Trust
British Epilepsy Association
British Heart Foundation
Cancer Research UK
Canine Partners for Independence
Cardiac risk in the young (C.R.Y)
Cats Protection
Chailey Heritage Foundation
Chesterfield Royal Hospital NHS Trust
Child Bereavement UK
Children with Cancer UK
Colton United Schools
Combat2coffee
Coughton School Parent Teacher Association
Coventry Godiva Charitable Trust Fund
Crisis
Crohns and Colitis in Childhood
CWPLUS
Cyclic Vomiting Syndrome Association UK
**Carried forward**|**2022**
**2021**
**£**
**£**
**500**
**500**
1,000
**500**
-
**500**
1,000
**500**
1,000
**500**
-
**-**
1,000
**1,500**
-
**500**
-
**-**
1,000
**-**
1,000
**-**
1,000
**500**
-
**1,000**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**-**
-
**500**
-
**500**
1,000
**-**
38,952
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**1,000**
-
**500**
-
**500**
1,000
**500**
-
**-**
1,000
**-**
1,000
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**18,500**
**52,952**|
|---|---|
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## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
|**Breakdown of grants (continued):**
**Recipient**
**Brought forward**
Cystic Fibrosis Trust
Dementia UK
Derby & Burton Hospitals Charity
Dogs Trust
Douglas Macmillan Hospice
Down Syndrome Oxford
East Anglian Air Ambulance
EDHI International Foundation UK
Elworth Church of England Parents Teacher Association
Emmaus Dover
Essex and Herts Air Ambulance Trust
Facial Palsy UK
FareShare
Farleigh Hospice
Feeding Britain
First Stop Darlington
Flitwick Lower School Association
Foundation for Prader-Willi Research UK
Forever Hounds Trust
Francis House Family Trust
Friends of Cancer Centre
Friends of Fringford School
Friends of Loughton Manor First School
Friends of Wheelock School
Foundation for Conductive Education
Great Ormond Street Hospital Children's Charity
Greater London South West County Scout Council
Green Shelter Society UK
Halton Haven Hospice
Happy Paws Puppy Rescue
Harry Bennett Foundation
Headway Worcestershire
Highfield Park Trust
Holt Youth Project
Hope for Home
Hopefield Animal Sanctuary
Human Relief Foundation
Idiopathic Intracranial Hypertension UK
Into The Community, Food Bank (Milton Keynes Branch)
Jarrow Football Club
**Carried forward**|**2022**
**2021**
**£**
**£**
**18,500**
52,952
**500**
-
**500**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**60,000**
-
**500**
1,000
**2,000**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**1,000**
-
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**98,500**
**59,952**|
|---|---|
Page 15
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
|**Breakdown of grants (continued):**
**Recipient**
**Brought forward**
Jo's Cervical Cancer Trust
Joining Jack
Keech Hospice Care
Kemp Hospice
Kevin Bell Repatriation Trust
Khalsa Aid International
Kilsyth Community Food Bank
Kinfest
Leeds Autism Services
Lupus UK
Macmillan Cancer Support
Make-a-wish
Marie Curie
Martin House
Masambiro UK
Matt's Mission
Megan Hurley Foundation
Meningitis Association Scotland
Meningitis Research Foundation
Mercy Ships UK
Mind UK
Migrant Support
Motor Neurone Disease Association
Multiple Sclerosis Therapy Centre (Wessex)
My Name'5 Doddie Foundation
N.I. Air Ambulance
National Eczema Society
National Kidney Federation
Newham Community Project
Night Before Christmas Campaign
Northern Ireland Children's Hospice
Nova New Opportunities
NSPCC
Papyrus Prevention of Young Suicide
Parathyroid UK
Parity for Disability
Parkinsons UK
Parkinson UK - Eastbourne Branch
PDSA
People for Animal Care Trust (PACT)
**Carried forward**|**2022**
**2021**
**£**
**£**
**98,500**
59,952
**500**
-
**500**
-
**500**
1,000
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**136,101**
3,000
**500**
-
**500**
-
**500**
1,000
**500**
-
**-**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**-**
1,000
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**-**
2,000
**500**
-
**500**
-
**500**
-
**250,101**
**73,952**|
|---|---|
Page 16
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
|**Breakdown of grants (continued):**
**Recipient**
**Brought forward**
Petersham & Ham Sea Scouts
Phelan-McDermid Syndrome Foundation (PMSF UK)
Phyllis Tuckwell Memorial Hospice Ltd
Planets Charity
Princess Alice Hospice
Raleigh International
Ravens Rescue
Redbourn Scout Group
Redditch NightStop
Romiley Little Theatre
Royal Hospital for Sick Children Edinburgh
Royal Society for the Prevention of Cruelty to Animals , RSPCA
Sahir House
Samaritans
Sandgate Boys Club
SANDS
Save the Children
Scottish Association for Mental Health
Scottish poppy appeal
Seal Protection Action Group
Selby Hands of Hope
Shaukat Khanum Memorial Trust UK
Siblings Together
SiMBA
SiMBA
Sindh Doctors Association (UK)
Solving Kids' Cancer - Princess Poppy's Campaign
Southampton doing it for the kids
SpecialEffect
Spirit Aid
St Augustine's Frimley Parent Teacher Association
St Barnabas Hospices (Sussex) Ltd
St. George’s Crypt
St George's Hospital Charity
St Luke's Hospice
St. Michael's Hospice (North Hampshire)
St. Michael’s School Braintree Private School Fund
St Oswald's Hospice
St Richard’s Hospice Foundation
St Vincent Hospice
**Carried forward**|**2022**
**2021**
**£**
**£**
**250,101**
73,952
**1,000**
1,000
**500**
-
**-**
1,000
**500**
-
**500**
1,000
**500**
-
**500**
-
**1,000**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**500**
-
**500**
-
**(1,000)**
1,000
**500**
**500**
-
**1,000**
-
**500**
-
**-**
1,000
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**-**
1,000
**500**
-
**267,601**
**82,952**|
|---|---|
Page 17
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
|**Breakdown of grants (continued):**
**Recipient**
**Brought forward**
Start360
Stonebridge City Farm
Stonewall Equality Limited
Street Soccer Scotland
Sue Ryder
Teenage Cancer Trust
Terrence Higgins Trust
The Alan Senitt Memorial Trust
The Black Country Foodbank
The British Diabetic Association
The British Hedgehog Preservation Society
The Eve Merton Dreams Trust
The Guide Dogs For The Blind Association
The Heart of Kent Hospice
The Horsell Schools' Parent Teacher Association
The Hoxton Trust
The Lullaby Trust
The Maggie Oliver Foundation
The Martin Gallier Project
The Medaille Trust
The Message Trust
The Myton Hospices
Youthnet UK (The Mix)
The National Deaf Children's Society
The Oakhaven Trust
The Open Bionics Foundation
The Royal British Legion
The St Peter & St James Charitable Trust
The Stars Appeal
The Sunnybank Trust
The Terrence Higgins Trust
The Trussell Trust
The Unbeatable Eva Foundation
The Who is Hussain Foundation
The Woking Community Furniture Project
Think Amy
TIC (Hull) Tourettes Syndrome
Ukraine Appeal
UNICEF
Weston Park Foundation
**Carried forward**|**2022**
**2021**
**£**
**£**
**267,601**
82,952
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**-**
1,000
**-**
1,000
**-**
1,000
**500**
-
**50,000**
-
**500**
-
**500**
1,000
**500**
-
**500**
-
**500**
-
**24,840**
-
**500**
-
**500**
-
**359,941**
**88,952**|
|---|---|
Page 18
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
|**Breakdown of grants (continued):**
**Recipient**
**Brought forward**
Wild Camel Protection Foundation
William Patten Primary School, Parent Teacher and Friends
Association
William Patten Primary School, Parent Teacher and Friends
Association
Wish upon a star
Wishing Well Project
Womens Aid
WWF
Young Mind
**Total**|**2022**
**2021**
**£**
**£**
**359,941**
88,952
500
-
(1,000)
1,000
500
500
-
500
-
500
-
500
1,000
500
-
**362,441**
**90,952**|
|---|---|
## **5. Analysis of expenditure on charitable activities Summary by fund type**
|**Unrestricted**
**funds**
**2022**
**£**
Grants payable (note 4)
359,075
Independent examiner's fees
2,200
Bank and other charges
376
361,651
_Unrestricted_
_funds_
_2021_
_£_
Grants payable (note 4)
_62,000_
Independent examiner's fees
_2,130_
Bank and other charges
_245_
Legal and professional fees
_7,740_
_72,115_|**Restricted**
**funds**
**2022**
**£**
7,760
-
-
7,760
_Restricted_
_funds_
_2021_
_£_
_28,952_
_-_
_-_
_-_
_28,952_|**Total**
**2022**
**£**
**366,835**
**2,200**
**376**|
|---|---|---|
|||**369,411**|
|||_Total_
_2021_
_£_
_90,952_
_2,130_
_245_
_7,740_|
|||_101,067_|
Page 19
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **6. Independent examiner's remuneration**
||**2022**|_2021_|
|---|---|---|
||**£**|_£_|
|Fees payable to the charitable incorporated organisation's independent|||
|examiner for the preparation and independent examination of the|||
|charitable incorporated organisation's annual accounts|**2,200**|_2,130_|
## **7. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL)_ .
During the year ended 30 June 2022, no Trustee expenses have been incurred _(2021 - £NIL)_ .
## **8. Debtors**
|**Due within one year**
Other debtors|**2022**
**£**
**-**
**-**|_2021_
_£_
_5,040_|
|---|---|---|
||||
|||_5,040_|
## **9. Creditors: Amounts falling due within one year**
|Other creditors
Accruals and deferred income|**2022**
**£**
**71,401**
**2,200**
**73,601**|_2021_
_£_
_22,452_
_2,130_|
|---|---|---|
||||
|||_24,582_|
Page 20
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **10. Financial instruments**
||**2022**|_2021_|
|---|---|---|
||**£**|_£_|
|**Financial assets**|||
|Financial assets measured at fair value through income and expenditure|**652,632**|_876,262_|
Financial assets measured at fair value through income and expenditure comprise cash at bank.
## **11. Statement of funds**
## **Statement of funds - current year**
|**Balance at 1**
**July 2021**
**£**
**Unrestricted funds**
General Funds
**856,720**
**Restricted funds**
Ukraine Appeal
**-**
Macmillan
**-**
**-**
**Total of funds**
**856,720**|**Income**
**£**
**Expenditure**
**£**
**83,962**
**(361,651)**
**4,840**
**(4,840)**
**2,920**
**(2,920)**
**7,760**
**(7,760)**
**91,722**
**(369,411)**|**Balance at**
**30 June**
**2022**
**£**
**579,031**|
|---|---|---|
|||**-**
**-**|
|||**-**|
|||**579,031**|
Page 21
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **11. Statement of funds (continued)**
**Statement of funds - prior year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Ukraine Appeal
**Total of funds**|_Balance at_
_1 July 2020_
_£_
_895,908_
_-_
_895,908_|_Income_
_£_
_32,927_
_28,952_
_61,879_|_Expenditure_
_£_
_(72,115)_
_(28,952)_
_(101,067)_|_Balance at_
_30 June_
_2021_
_£_
_856,720_|
|---|---|---|---|---|
|||||_-_|
|||||_856,720_|
Our restricted income in 2022 came from the following: -
## Ukraine Appeal:
In May 2022 a fundraising dinner was organised by a member of the SSP Group senior team to raise money to donate to the Humanitarian Aid Appeal for Ukraine. £4,840 was raised.
## Macmillan:
SSP UK held certain events to raise money for Macmillan and passed the funds (£2,920) to the Foundation to pass on to Macmillan.
Our restricted income in 2021 came from the following: -
## British Asian Trust
In May 2021 a fundraising dinner was organised by a member of the SSP Group senior team to raise money to donate to the British Asian Trust which organises the supply of oxygen cylinders to hospitals in India.
Page 22
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **12. Summary of funds**
## **Summary of funds - current year**
|**Balance at 1**
**July 2021**
**£**
General funds
**856,720**
Restricted funds
**-**
**856,720**
**Summary of funds - prior year**
_Balance at_
_1 July 2020_
_£_
General funds
_895,908_
Restricted funds
_-_
_895,908_|**Income**
**£**
**Expenditure**
**£**
**83,962**
**(361,651)**
**7,760**
**(7,760)**
**91,722**
**(369,411)**
_Income_
_£_
_Expenditure_
_£_
_32,927_
_(72,115)_
_28,952_
_(28,952)_
_61,879_
_(101,067)_|**Balance at**
**30 June**
**2022**
**£**
**579,031**
**-**|
|---|---|---|
|||**579,031**|
|||_Balance at_
_30 June_
_2021_
_£_
_856,720_
_-_|
|||_856,720_|
Page 23
DocuSign Envelope ID: F1E14991-9D8F-427D-B793-86BE30A1B4A0
## **SSP FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **13. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2022**
**£**
Current assets
652,632
Creditors due within one year
(73,601)
**Total**
579,031|**Total**
**funds**
**2022**
**£**
**652,632**
**(73,601)**
**579,031**|
|---|---|
## **Analysis of net assets between funds - prior year**
|Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2021_
_£_
_881,302_
_(24,582)_
_856,720_|_Total_
_funds_
_2021_
_£_
_881,302_
_(24,582)_
_856,720_|
|---|---|---|
## **14. Related party transactions**
The charitable incorporated organisation has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the charitable incorporated organisation at 30 June 2022.
Page 24