Trustees’ Annual Report for the period
From 01 November 2020 To 31 October 2021
Charity name: LODDERS CHARITABLE FOUNDATION
Charity registration number: 1167248
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance such charitable purposes (according to the Law of England and Wales) as the Trustees see fit from time to time. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The trustees have determined to support local charities in the Midlands area every year with the funds it manages to raise. The object of the CIO is to advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time. The Trustees will arrange at least two fund raising activities during this year and will seek donations. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have all been trained on the requirements of acting as a Trustee and individually and as a group have regard to the guidance issued by the Charity Commission. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making | |
| Para 1.38 | |
| Policy on social investment | |
| including program related | |
| investment | |
| Para 1.38 | |
| Contribution made by | |
| volunteers |
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | In accordance with their decision to support three to four designated local charities for a period of 3 years they continued to support The Orchestra of the Swan, Cheltenham Open Door, Stratford Food Bank, and Network 4. Two substantial donations were made to these charities during the year. Two fund raising events took place namely a Dog Walk in July and a comedy evening in October which was run in conjunction with the Henley Hub. These were not hugely supported but they enabled the trustees to make some small donations. The trustees propose to continue to put on 2 fund raising events each year. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity received a significant donation during the financial year in addition to the small proceeds from running events. These donations in addition to the undistributed funds brough forward from the prior year enabled the charity to make two distributions to our nominated charities as well as ad hoc donations to other causes agreed at the Trustees meeting. The charity ended the year with undistributed funds of £18,162. The trustees propose to distribute the majority of this in the current financial year. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The policy for distributing funds is to make two payments during the financial year. As such any reserves held at the financial year end relate to the timing of receipts against the timing of the distributions. Reserves held at the year end will be distributed in the following financial year. The charity does not have a policy of intentionally holding reserves. |
| Amount of reserves held | Para 1.22 | £18,162 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO – registered 20 May 2016 |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed for a term of not less than one year and not more than five years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees have regard to the knowledge and experience needed for the effective administration of the CIO. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
Charity name Other name the charity uses Registered charity number Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
Trustee name | Office (if any) | Office (if any) | Dates acted if not for whole **year ** |
Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|---|---|
| David Lodder | Chairman | |||||
| Martin Green | ||||||
| Mark Miller | ||||||
| Alistair Howard | Treasurer | |||||
| Angela Howard | ||||||
| Michael Wakeling | ||||||
| Katie Mann | Appointed 03 March 2021 |
|||||
| Baldish Khatkar | ||||||
| Corporate trustees–names of | the directors at the date the report was approved | |||||
| Director name | ||||||
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) ~~2]~~ Full name(s) Alistair Howard ~~a~~ Position (eg Secretary, Treasurer Chair, etc) ~~ee ee~~ Date 11/7/22 ~~PF~~
Charity Name No (if any) LODDERS CHARITABLE FOUNDATION 1167248 Receipts and payments accounts For the period Period start date Period end date To from 01/11/2020 31/10/2021
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| A1 Receiptsptsts | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Donations, Legacies and Grants | 31,375 | - | - | 31,375 | 10,933 | ||||
| Fundraising Events | 400 | - | - | 400 | 420 | ||||
| Sponsorship Receipts | 250 | - | - | 250 | 1,000 | ||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
32,025 | - | - | 32,025 | 12,353 | ||||
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 32,025 - - 32,025 12,353 ~~——==——~~ |
|||||||||
| A3 Payments | |||||||||
| Grants and Donations Paid | 29,000 | - | - | 29,000 | 21,185 | ||||
| Cost of Fundraising Events | 1,574 | - | - | 1,574 | 1,041 | ||||
| Printing, postage, stationery and | |||||||||
| computer supplies | 279 | - | - | 279 | 77 | ||||
| Accountancy | 612 | - | - | 612 | 600 | ||||
| Bank Charges | 10 | - | - | 10 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - |
| Sub total 31,475 - - 31,475 22,903 |
|
|---|---|
| A4 Asset and investment purchases,(see table) - - - - - - - - Sub total - - - - - Total payments 31,475 - - 31,475 22,903 Net of receipts/(payments) 550 - - 550 - 10,550 A5 Transfers between funds - - - - - A6 Cash funds last year end 17,612 - - 17,612 28,162 Cash funds this year end 18,162 - - 18,162 17,612 ~~—=—=—==—~~ ~~===>=>~~ |
20/07/2022
Charitable Foundation Bank Transactions 20_21.xlsx Page 1 of 2
Section B Statement of assets and liabilities at the end of the period
| Unrestricted Restricted Endowment |
|||
|---|---|---|---|
| Categories B1 Cash funds |
funds funds funds to nearest £ to nearest £ to nearest £ 18,162 - - - - - - - - 18,162 - - OK OK OK Unrestricted Restricted Endowment (agree balances with receipts and payments account(s)) Details Cash at Bank Total cash funds ~~=== ==~~ |
- | |
| funds funds funds |
|||
| Details | to nearest £ to nearest £ to nearest £ |
||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - - N/A ~~=—===~~ |
||
| Details | Fund to which asset belongs Cost (optional) Current value (optional) |
||
| B3 Investment assets | - - - - - - - - - - N/A ~~==>~~ |
||
| Details | Fund to which asset belongs Cost (optional) Current value (optional) |
||
| B4 Assets retained for the charity’s own use |
N/A ~~= ~~ |
- - - - - - - - - - - - - - - - - - ~~===~~ |
|
| Fund to which Amount due When due |
|||
| Details | liability relates (optional) (optional) |
||
| B5 Liabilities | - - - - - N/A ~~==>~~ |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature ~~2~~ |
Date of approval 11/07/2022 Print Name Alistair Howard ~~Se~~ |
20/07/2022
Page 2 of 2
Charitable Foundation Bank Transactions 20_21.xlsx
INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF LODDERS CHARITABLE FOUNDATION
I report to the trustees on my examination of the accounts of Lodders Charitable Foundation for the year ended 31 October 2021.
Responsibilities and basis of report
The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners’ statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
the accounting records were not kept in accordance with Section 130 of the Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
I 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.
……………………………………………… Jon Cartwright FCCA, CTA, TEP
Date: 10 August 2022
Hazlewoods LLP Chartered Accountants Windsor House Bayshill Road Cheltenham GL50 3AT