## **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||||
||||||
||||||
||||||
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## – 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