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← Lodders Charitable Foundation

2023-10-31-accounts

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Trustees’ Annual Report for the period

From 01 November 2022 To 31 October 2023 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
Stratford Food Bank and Network 4, with
Home-Start South Warwickshire being
chosen as a new charity
Donations were made to each of these
charities during the year however a
substantial donation relating to the financial
year was not distributed until after the year
end.
Each of the beneficiary charities relies
entirely on donations. The donations made
by Lodders Charitable Foundation in part
enabled these charities to continue their
work.
In addition to the nominated charities,
some small donations were also made to
specific causes aligned to our values.

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 was very grateful for an
increased donation from its main
benefactor having had reduced income in
the prior year. Additionally the fundraising
events were popular and well attended
which in turn increased the receipts to
£26,392 for the year. These additional
receipts accounted for more than 25% of
the income.
Owing to the timing of the autumn drinks
evening which fell into the 2023/24 year,
the annual distributions to the chosen
charities are not included in this years
accounts. This increased the undistributed
funds as at year end to £25,722.
£15,000 was distributed to the charities in
the month following the year end.
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 £25,722
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
any fundraising)		 Para 1.47 Donations
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46 A decrease in donations.

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 LODDERS CHARITABLE FOUNDATION
Other name the charity uses LCF
Registered charity number 1167248
Charity’s principal address 10 Elm Court
Arden Street
Stratford Upon Avon
CV37 6PA

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) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
David Lodder Chairman
Martin Green Resigned 25 March 2024
Mark Miller
Alistair Howard Treasurer
Angela Howard
Michael Wakeling Resigned 26 January
2024
Katie Mann
Baldish Khatkar
EmilyBrampton
Rhiannon Edwards Appointed 15 March
2023

– 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)

Additional information (optional)
Names and addresses of advisers (Optional information)		 Additional information (optional)
Names and addresses of advisers (Optional information)		 Additional information (optional)
Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
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)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Alistair Howard


Treasurer
29/05/2024
29/05/2024

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Charity Name No (if any) LODDERS CHARITABLE FOUNDATION 1167248 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/11/2022 31/10/2023

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 Receipts
Donations, Legacies and Grants 24,627 - - 24,627 19,852
Fundraising Events 1,765 - - 1,765 782
Sponsorship Receipts - - - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 26,392 - - 26,392 20,633
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 26,392 - - 26,392 20,633

A3 Payments

A3 Payments
Grants and Donations Paid 8,100 - - 8,100 25,568
Cost of Fundraising Events 2,054 - - 2,054 1,413
Printing, postage, stationery and
computer supplies 477 - - 477 551
Accountancy 660 - - 660 642
Bank Charges - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 11,291 - - 11,291 28,174
A4 Asset and investment
purchases,(see table)
- - - -
- - - -
**Sub total ** - - - - -
Total payments 11,291 - - 11,291 28,174
Net of receipts/(payments) 15,101 - - 15,101 - 7,541
A5 Transfers between funds - - - - -
A6 Cash funds last year end 10,621 - - 10,621 18,162
Cash funds this year end 25,722 - - 25,722 10,621

23/07/2024

Page 1 of 2

Charitable Foundation Bank Transactions 23_24.xlsx

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Signature
Details
Details
N/A
Details
N/A
Details
N/A
Cash at Bank
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
to nearest £
25,722
-
-
25,722		 Unrestricted
funds
to nearest £
25,722
-
-
25,722
25,722 -
- -
- -
25,722 -
OK
Alistair Howard

23/07/2024

Page 2 of 2

Charitable Foundation Bank Transactions 23_24.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 2023.

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:

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.

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……………………………………………… Jon Cartwright FCCA, CTA, TEP

Date: 28 June 2024

Hazlewoods LLP Chartered Accountants Windsor House Bayshill Road Cheltenham GL50 3AT