Trustees’ Annual Report for the period
From Period start date: 01/01/2024 TO Period end date: 31/12/2024
Charity name: Foundation DB
Charity registration number: 1167609
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objective of the charity is to raise money for selected causes by fundraising, sponsoring and building relationships with local businesses |
| 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 |
There has been limitations to the outputs of these endeavours due to a vacant role in running the foundation, due to be addressed this year. The foundation is looking to employ someone with the skills required for grant applications, fundraising events and engaging our beneficiaries. |
| 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 confirmed the guidance from the Charity Commission on public benefit. |
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 | Supporting Local Charities by raising awareness and developing relationships with local business’s. Raising money for the NHS during Covid. Sponsoring local community football team. Raising money for local charities. |
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 Para 1.21 financial position at the end
The charity’s finances are stable.
| of the period | ||
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A reserves policy is to be established once the charity becomes fully active. |
| Amount of reserves held | Para 1.22 | Circa £7,000. |
| 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 document |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (CIO) |
| 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 | Trustees selected based on knowledge, experience and skills relevant to the role. |
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 | Foundation DB |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1167609 |
| Charity’s principal address | Th Hangar, Hadley Park East, Telford, TF1 6QJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jack Carey | ||||
| Rebecca Batth | ||||
| Daniel Batth | ||||
| Natalie Ann Cutler | ||||
| Ashley James Evans |
||||
– 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 adviser |
Name Address |
Name Address |
|---|---|---|
| Accountan t |
Chadstone | The Hangar, Hadley Park East, Telford, TF1 6QJ |
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) D Batth Full name(s) Daniel Batth Position (eg Secretary, Chair Chair, etc)
Date
Registered number: CE007491
FOUNDATION DB FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Foundation Db Contents
| Page | |
|---|---|
| Charity Information | 1 |
| Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Trading Profit and Loss Account | 4 |
Foundation Db Charity Information For The Year Ended 31 December 2024
| Trustees | Daniel Batth |
|---|---|
| Natalie Ann Cutler | |
| Rebecca Batth | |
| Jack Carey | |
| Ashley Janes Evans | |
| Charity Number | CE007491 |
| Registered Office | Chadstone Accountancy & Tax |
| The Hangar, Hadley Park East | |
| Telford | |
| Shropshire | |
| TF1 6QJ | |
| Accountants | ChadStone Accountancy & Tax Ltd |
| Association of Chartered Certified Accountants | |
| The Hangar | |
| Hadley Park East | |
| Telford | |
| Shropshire | |
| TF1 6QJ |
Page 1
Foundation Db Profit and Loss Account For The Year Ended 31 December 2024
| TURNOVER Other charges NET LOSS |
2024 £ - (352 ) (352 ) |
2023 £ 30 (2,902 ) |
|---|---|---|
| (2,872 ) |
Foundation Db Balance Sheet As At 31 December 2024
| Current assets NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CAPITAL AND RESERVES |
2024 £ 6,437 |
2023 £ 6,789 |
|---|---|---|
| 6,437 | 6,789 |
|
| 6,437 | 6,789 |
|
| 6,437 | 6,789 |
|
| 6,437 | 6,789 |
Notes
1. General Information
Foundation Db is a Charity, registered number CE007491 . The registered office is Chadstone Accountancy & Tax, The Hangar, Hadley Park East, Telford, Shropshire, TF1 6QJ.
2. Average Number of Employees
Average number of employees, including Trustees, during the year was: 5 (2023: 5)
On behalf of the board
Mr Daniel Batth Trustee 24/09/2025
Page 4
Foundation Db Trading Profit and Loss Account For The Year Ended 31 December 2024
| TURNOVER Donations OTHER CHARGES Sponsorship Accountancy fees Bank charges NET LOSS |
2024 £ £ - - 300 52 (352) (352) |
2024 £ £ - - 300 52 (352) (352) |
2023 £ £ 30 2,500 300 102 (2,902) (2,872) |
2023 £ £ 30 2,500 300 102 (2,902) (2,872) |
|---|---|---|---|---|
| (352) | (2,872) |
Page 5