Trustees’ Annual Report for the period
From 01 November 2023 To 31 October 2024
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, Network 4 and Home- Start South Warwickshire. Both Stratford Food Bank and Network 4 received their final donations in the year, to be replaced by 3 new charities in addition to Home- Start. Donations were made to each of these charities during the year however the donations to the new charities fell into the 2024/25 financial year. 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, several 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’s receipts were comparable to the prior year owing to the ongoing support of its main benefactor, as well as our ability to host several events during this year. The start of the year included the annual ‘awards night’ where the main distributions to our nominated charities are made with a second distribution paid in the Summer of 2024. For this financial year, several smaller donations were made to local charities supporting their aims which are all aligned to our values. The above distributions and donations lifted our payments to such causes to £27,610 compared to £8,100 in 2022/23. |
|---|---|---|
| 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 | £22,975 |
| 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 | Resigned 13 March 2025 | ||
| Angela Howard | Resigned September 2024 |
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| Michael Wakeling | Resigned 26 January 2024 |
|||
| Katie Mann | ||||
| Baldish Khatkar | ||||
| EmilyBrampton | ||||
| Rhiannon Edwards | ||||
| Kimberley Brookes | Appointed 11 September 2024 |
|||
| Molly Davies | Appointed 11 September 2024 |
|||
– 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)
| 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) | ||
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) ~~pf~~ Date 12/03/2025 ~~Pn~~
| Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
Section A Receipts and payments Charity Name No (if any) CC16a LODDERS CHARITABLE FOUNDATION 1167248 Receipts andpayments accounts For the period from Period start date To Period end date 01/11/2023 31/10/2024 ~~_~~ |
|---|---|---|---|---|---|---|---|
| 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 and Grants 24,401 |
- | - | 24,401 | 24,627 | |||
| Fundraising Events 2,152 |
- | - | 2,152 | 1,765 | |||
| Sponsorship Receipts 656 |
- | - | 656 | - | |||
| - | - | - | - | ||||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - |
| Sub total(Gross income for AR) |
(Gross income for AR) 27,209 |
- | - | 27,209 | 26,392 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 27,209 - - 27,209 26,392 ~~SSeS~~ |
||||||||||
| A3 Payments | ||||||||||
| Grants and Donations Paid | 27,610 | - | - | 27,610 | 8,100 | |||||
| Cost of Fundraising Events | 1,335 | - | - | 1,335 | 2,054 | |||||
| Printing, postage, stationery and | ||||||||||
| computer supplies | 321 | - | - | 321 | 477 | |||||
| Accountancy | 690 | - | - | 690 | 660 | |||||
| Bank Charges | - | - | - | - | - | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| **Sub total ** | 29,956 | - | - | 29,956 | 11,291 | |||||
| A4 Asset and investment purchases,(see table) - - Sub total - Total payments 29,956 ~~SS ~~ |
- - - - - - - - - - - - 29,956 11,291 ~~SSS5~~ |
|||||||||
| Net of receipts/(payments) - 2,747 - - - 2,747 15,101 A5 Transfers between funds - - - - - A6 Cash funds last year end 25,722 - - 25,722 10,621 Cash funds this year end 22,975 - - 22,975 25,722 ~~=====~~ |
Section B Statement of assets and liabilities at the end of the period
Page 1 of 2
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | funds | ||
| to nearest £ | to nearest £ | to nearest £ | ||||
| B1 Cash funds | 22,975 - - 22,975 OK Unrestricted (agree balances with receipts and payments account(s)) Cash at Bank Total cash funds ~~SSS ~~ |
- - - - - - - - OK OK Restricted Endowment ~~SS~~ |
||||
| 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 | - - - - - ~~——==~~ |
|||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Print Name | Date of approval |
||
| Alistair Howard | 13/03/2025 |
Page 2 of 2
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 2024.
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.
……………………………………………… Andrew Harris HCAS
Date: 6 May 2025
Hazlewoods LLP Chartered Accountants Windsor House Bayshill Road Cheltenham GL50 3AT