Trustees’ Annual Report for the period
From 01.04.2024 Period start date To 31.03.2025 Period end date
Charity name: The7Stars foundation
Charity registration number: 1168240
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | THE OBJECTS OF THE CIO ARE: TO ADVANCE IN LIFE AND RELIEVE THE NEEDS AND SUFFERING OF CHILDREN, IN SUCH WAYS AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT INCLUDING BUT NOT BY WAY OF LIMITATION THROUGH THE PROVISION OF GRANT FUNDING TO CHARITIES AND OTHER ORGANISATIONS WORKING IN THIS FIELD. |
| 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 foundation continues to offer grant funding to charities and young people directly, as a response to the issues of ‘abuse’ ‘addiction’ ‘young carers’ and ‘homelessness’. As stated below, we have recently revised our giving strategy for 2026 and beyond, which increases our funding scale and reach significantly. |
| 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 read the charity commission’s guidance. |
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 | Our grant programmes: 1. Our project grant programme offers funding to charities to deliver a project which will support young people surviving abuse; young carers; affected by addiction or children residing in emergency and temporary accommodation. We have recently completed a strategy review for our grant programmes, and we will now focus on the following areas for our project funding: ADDICTION • Support for young people affected by their own or family members’ substance misuse and other addictions • Prevention and education programmes targeting substance abuse • Access to counselling, rehabilitation, and recovery services for young people • Peer support networks and mentoring for affected youth ABUSE • Services for survivors of physical, |
| emotional, or sexual abuse inc. | |
|---|---|
| online | |
| • | Early intervention and safeguarding |
| initiatives | |
| • | Therapeutic and trauma-informed |
| care | |
| • | Advocacy and support for young |
| victims | |
| HOMELESSNESS | |
| • | Practical Support for Daily Stability |
| • | Support for Young People in |
| emergency and temporary | |
| accommodation and children’s | |
| homes run by local authorities | |
| • | Assistance for displaced children |
| (e.g. refugees) | |
| • | Crisis fund support to provide |
| immediate and direct assistance for | |
| young people in emergency and | |
| temporary accommodation | |
| CHILD | CARERS |
| • | Respite and wellbeing services for |
| young carers | |
| • | Practical and emotional support |
| • | Educational provision to ensure |
| young carers are not left behind | |
| • | Programmes to reduce isolation and |
| improve mental health | |
| • | Skill-building and future planning |
| support | |
| 2. | Our shine bright grants fund |
| charities to purchase educational or | |
| recreational items (such as books, | |
| wellbeing journals, stress packs, | |
| arts and crafts for creative play | |
| therapy etc.) which will help young | |
| people reduce stress and feel | |
| happier and more secure. This |
| programme focuses on alleviating | |
|---|---|
| the difficulties faced by children and | |
| young people from the cost of living | |
| crisis. For example, through our last | |
| grant round we funded IT | |
| equipment for a communal space | |
| within a refuge in Havering. As a | |
| result, the resident children who use | |
| the space can further their | |
| education and complete their | |
| homework. | |
| From 2026 we will be restructuring this | |
| programme, and launching a long-term | |
| funding | programme which looks to respond |
| to the record levels of Child Poverty in the | |
| UK. | |
| 3. | Our third programme offers grants |
| to safeguarding professionals (such | |
| as social workers, lawyers, school | |
| outreach officers) representing a | |
| young person in the care or legal | |
| system, in need of some extra help. | |
| Our grants will pay for an activity or | |
| item the child needs to further their | |
| potential or opportunity or promote | |
| healing, where other routes of | |
| funding are not available. For | |
| example, through our last grant | |
| round, we providing funding to a | |
| young woman who was raped by a | |
| stranger in a street. The young | |
| woman subsequently found she | |
| was pregnant and we have funding | |
| essential/critical items for her new- | |
| born. We have also offered funding | |
| for therapeutic treatment for the | |
| young woman, as a small token of | |
| support as she processes and |
| heals from her trauma. |
|---|
| 4. Our fourth programme is a social |
| justice fund. This fund is slightly |
| different to our other programmes. |
| We offer grants to charities across |
| the calendar year, aligned to social |
| justice calendar awareness days |
| (such as World Homeless Day). |
| Successful grantees are selected |
| by the7stars agency team |
| members, voting on which charity to |
| be awarded. |
| From 2026, we will be restructuring this |
| Programme and offering long-term funding |
| to charities across the themes of: Young |
| people within LGBTQ+ communities; child |
| exploitation – with a specific focus on county |
| lines; child mental health and access to |
| education. |
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
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | £898,434 balance to be carried forward |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Foundation holds reserves of 15% to support our grant programme |
| Amount of reserves held | Para 1.22 | 15% of income levels |
| 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 Governing document |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | 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 | Trustee vacancies will be advertised publicly |
Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | The7stars foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1168240 |
| Charity’s principal address | The 7 Stars Uk Ltd Bush House Aldwych LONDON WC2B 4PJ |
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 (if any) |
|---|---|---|---|---|
| Anuschka Clarke | Chair | |||
| Jennifer Biggam | ||||
| Liam Mullins | ||||
| Helen Rose | ||||
| Rhiannon Murphy | ||||
| Nicholas Maddison | ||||
– 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)
Alexandra Taliadoros
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 |
Alexandra Taliadoros | |
|---|---|---|
| Alexandra Taliadoros | ||
Foundation Director |
||
| 17.11.25 | ||
| 17.11.25 |
the7stars Foundation
Registered Charity No. 1168240
Trustees' report and financial statements for the year ended 31 March 2025
the7stars Foundation Contents
| Page number | |
|---|---|
| Charity Information | 1 |
| Report ofthe Trustees | 2-5 |
| Report ofthe IndependentExaminer | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| NotestotheFinancialStatements | 9-12 |
the7stars Foundation Charity Information
Board of Trustees:
Anuschka Clarke (Chair) Jenny Biggam Liam Mullins Nick Maddison Rhiannon Murphy Helen Rose
Registered Office: 6-9 Bush House North West Wing 57 Aldwych London WC2B 4PJ
Independent Examiner:
Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP
Bankers: Barclays Bank PLC Leicestershire LE87 2BB
Charity number: 1168240
1
the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
The Trustees present their report and financial statements of the charity for the year ended 31st March 2025. The Trustees have adopted the provisions of Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.
Trustees of the Charity
The trustees who have served during the year and since the year end were as follows-
Anuschka Clarke (Chair) Jenny Biggam Liam Mullins Nick Maddison Rhiannon Murphy Helen Rose
Objectives and activities
To relieve the needs and suffering of children aged 16 years old and under, in particular those whose challenge is caused by homelessness, addiction, abuse or who may be caring for sick or disabled adults.
Foundation Statement
the7stars set up its Foundation in 2016 as a Registered Charity to support under-privileged young people in the UK. The Foundation is primarily funded via the7stars profits, with additional funding via events and fundraising. We award grants to children and causes supporting young people challenged by abuse, addiction, homelessness or those who are young carers to a loved one.
The Foundation is strategically aligned with the7stars and a major pillar in the7stars' "giving back" programme. All Trustees are Directors at the7stars.
the7stars agency are engaged with the Foundation on a regular basis, with the Foundation circulating updates regarding new grant partners after each round, as well as the agency team volunteering with the Foundation as part of its grant monitoring and reporting procedure. Here, agency members are matched with a grantee, and either visit the charity or complete a telephone interview of how the grant received by the Foundation has achieved impact.
We have four grant programmes:
- Our project grant programme offers funding to charities to deliver a project which will support young people surviving abuse; young carers; affected by addiction or children residing in emergency and temporary accommodation. We have recently completed a strategy review for our grant programmes, and we will now focus on the following areas for our project funding:
ADDICTION
- Support for young people affected by their own or family members’ substance misuse and other addictions
- Prevention and education programmes targeting substance abuse
- Access to counselling, rehabilitation, and recovery services for young people « Peer support networks and mentoring for affected youth
2
the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
ABUSE
- Services for survivors of physical, emotional, or sexual abuse inc. online
» Early intervention and safeguarding initiatives
- Therapeutic and trauma-informed care * Advocacy and support for young victims
HOMELESSNESS * Practical support for daily stability * Support for young people in emergency and temporary accommodation and children’s homes run by local authorities
- Assistance for displaced children (e.g. refugees) * Crisis fund support to provide immediate and direct assistance for young people in emergency and temporary accommodation
CHILD CARERS
-
Respite and wellbeing services for young carers
-
Practical and emotional support
-
Educational provision to ensure young carers are not left behind
« Programmes to reduce isolation and improve mental health ° Skill-building and future planning support
- Our shine bright grants fund charities to purchase educational or recreational items (such as books, wellbeing journals, stress packs, arts and crafts for creative play therapy etc.) which will help young people reduce stress and feel happier and more secure. This programme focuses on alleviating the difficulties faced by children and young people from the cost of living crisis.
From 2026 we will be restructuring this programme and launching a long-term funding programme which looks to respond to the record levels of Child Poverty in the UK.
-
Our third programme offers grants to safeguarding professionals (such as social workers, lawyers, school outreach officers) representing a young person in the care or legal system, in need of some extra help. Our grants will pay for an activity or item the child needs to further their potential or opportunity or promote healing, where other routes of funding are not available.
-
Our fourth programme is a social justice fund. This fund is slightly different to our other programmes. We offer grants to charities across the calendar year, aligned to social justice calendar awareness days (such as World Homeless Day). Successful grantees are selected by the7stars agency team members, voting on which charity to be awarded.
From 2026, we will be restructuring this Programme and offering long-term funding to charities across the themes of: Young people within LGBTQ+ communities, child exploitation — with a specific focus on county lines, child mental health and access to education.
Public benefit statement
the7stars Foundation has run a successful grant programme along the theme ‘homelessness’, ‘addiction’, ‘abuse’ and ‘child carers’.
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
3
the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
Financial Review (including reserves policy)
A contingency balance of £502,792 has been held. Part allocated to covering costs and the rest to grants. An annual contingency fund of at least £50,000 is confirmed, to ensure the running costs of the Foundation are covered.
Plan for Future Periods
The plan is to continue awarding grants to provide relief regarding abuse of young people aged 16 years and under.
Structure, governance and management
The charity is a Charitable Incorporated Organisation registered on 15 July 2016. It is governed by its constitution.
Appointment of Trustees
Apart from the first charity Trustees, every Trustee must be appointed by a resolution passed at a properly convened meeting of the charity Trustees. In selecting individuals for appointment as charity Trustees, the charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Risk Management
The charity is exposed to operational and financial risks as a result of its operating activities. To mitigate these risks a system of internal controls has been implemented that is designed to provide reasonable (although not absolute) assurance against material misstatement.
Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
« select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP (FRS102); + make judgements and estimates that are reasonable and prudent; + state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; * prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
4
the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulation 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the Board
Jenny Biggam Y) i Trustee Date: 28| Ao| wis
5
the7stars Foundation Independent Examiner's Report to the Trustees of the/stars Foundation
| report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.
Responsibilities and basis of report
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of the ICAEW which is one of the listed bodies.
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
| 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.
/A\oocZz Kineckon Synth LL?
Adam Fullerton (FCA DChA) For and On Behalf of Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP
Date. & NoVon ler 2028
6
the7stars Foundation Statement of Financial Activities for the year ended 31 March 2025
| Restricted Funds |
Unrestricted Funds |
Total | Total | |||
|---|---|---|---|---|---|---|
| Yearended | Yearended | Yearended | Year ended | |||
| 2025 | 2025 | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Note | ||||||
| Income | ||||||
| Incoming resources | ||||||
| from Generated | ||||||
| funds - | ||||||
| Investment income | - | 14,484 | 14,484 | 9,979 | ||
| Charitable activties - | ||||||
| Grants, Donation, etc | - | 481,067 | 481,067 | 270,177 | ||
| Total | - | 495,551 | 495,551 | 280,156 | ||
| Expenditure on: | ||||||
| Raising funds | - | 30,695 | 30,695 | 33,504 | ||
| Charitable activities | 2 | - | 174,741 | 174,741 | 121,592 | |
| Total resources expended | - | 205,436 | 205,436 | 155,096 | ||
| Netincome | - | 290,115 | 290,115 | 125,060 | ||
| Netmovement in funds | - | 290,115 | 290,115 | 125,060 | ||
| Total funds broughtforward | - | 608,319 | 608,319 | 483,259 | ||
| Totalfundscarriedforward | 9,10 | - | 898,434 | 898,434 | 608,319 |
7
the7stars Foundation Balance Sheet
At 31 March 2025
----- Start of picture text -----
Note 2025 2025 2024 2024
£ £ £ £
CURRENT ASSETS:
Debtors 6 878,642 568,796
Cash at bank and in hand 22,792 42,403
901,434 611,199
CREDITORS:
Amounts falling due within one 7 (3,000) (2,880)
Net Current Assets 898 434 608,319
Net Assets 898,434 608,319
Funds
Unrestricted Funds 9 898 434 608,319
Restricted Funds 10 . -
898,434 608,319
----- End of picture text -----
For the year ended 31 March 2025 the Charity was entitled to exemption from audit under Charities Act 2011.
The financial statements were approved by the Trustees on 23 1o| ae[and][were][signed][on][their][behalf][by:]
----- Start of picture text -----
Trustee: Jenny Biggam
----- End of picture text -----
8
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
1. Accounting Policies
Charity information
the7stars Foundation is a charitable incorporated organisation and registered in England and Wales. The registered office is 6-@ Bush House, North West Wing, 57 Aldwych, London, WC2B 4P4J.
Basis of preparation
The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a public benefit entity for the purposes of FRS 102 and therefore the Charity also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP) and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
Going concern
The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. After making enquiries the Trustees have concluded that there is a reasonable expectation that the charitable entity has adequate resources to continue in operational existence for the foreseeable future, and there are no material uncertainties affecting this assumption. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable they will be fulfilled.
Expenditure
Liabilities are recognised as expenditure once there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs which include governance costs, are allocated to charitable activities in the statement of financial activities.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practices, and these costs are included within support costs.
Grants are fully accounted for in the year the grant is approved and notified to the beneficiary. Payments falling due in later years are provided for as a liability on the balance sheet.
9
1 Accounting Policies (continued)
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
Allocation of support costs
Support costs are those functions that assist the work of the charity, but do not directly undertake charitable activities. Support costs include office costs, governance costs and other administrative costs. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of resources.
Financial instruments
Debtors and creditors receivable or payable within one year of the reporting date are carried initially at their transaction price and subsequently at settlement value. Debtors and creditors that are receivable or payable in more than one year and not subject to a market rate of interest are measured at the present value of the expected future receipts or payment discounted at a market rate of interest.
Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments valued at the amount prepaid after taking account of any trade discounts due.
Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less.
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Fund accounting
Unrestricted funds are general funds that are available for the use at the trustees’ discretion in furtherance of the objectives of the charity.
Restricted funds are subject to specific conditions by donors as to how they may be used. The charity currently has no restricted funds.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The charity currently has no designated funds.
Critical Accounting Judgements and Estimates
In application of the Charity's accounting policies, the board is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
There are no estimates and assumptions which are believed to have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities in the current or prior period.
10
:
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
- 2 TOTAL RESOURCES EXPENDED
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Charitable Activities | ||||
| Donations and grants - activities for young children | - | 136,518 | 136,518 | 75,705 |
| - | 136,518 | 136,518 | 75,705 | |
| Governance and Administration | ||||
| Accountancyfees | - | 3,172 | 3,172 | 3,360 |
| Administration Bank charges |
- - |
34,461 590 |
34,461 590 |
42,081 446 |
| - | 38,223 | 38,223 | 45,887 | |
| TotalResourcesExpendedonCharitableActivities | - | 174,741 | 174,741 | 121,592 |
The main functional activity of the Charity during the year was to relieve the needs and suffering of children aged 16 years and under in particulars those who face challenges caused by homelessness, addiction, abuse, or who may be caring for a sick or disabled adult.
Average number of employees in the current and prior year was nil. Work is done by Trustees and Volunteers. No employees received emoluments of £60,000.
The Charity did not have any paid employees during the year. The Trustees worked on a voluntary basis and received no remuneration.
- 3 TAXATION
No liability to UK Corporation Tax arose on ordinary activities for the year ended 31st March 2025.
- 4 TRUSTEES
The Charity paid no emoluments to the Trustees during the year (2024: Enil).
- 5 INDEPENDENT EXAMINERS REMUNERATION
The Independent Examiner's remuneration amounts to a fee of £3,000 (2024: £2,880).
- 6 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE WITHINWITHIN ONE YEAR | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Accrued income & prepayments | 398,642 | 218,796 |
| Other debtors | 480,000 | 350,000 |
| 878,642 | 568,796 | |
| CREDITORS: AMOUNTS FALLING DUEWITHIN ONE YEAR | 2025 | 2024 |
| £ | £ | |
| Accruals and deferred income | 3,000 | 2,880 |
| 3,000 | 2,880 |
- 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4
:
the7stars Foundation Notes to the Financial Statements
for the year ended 31 March 2025
8 CHARITY STATUS
The Charity is registered as a Charitable Incorporated Organisation. It is a registered Charity (no. 1168240).
9 UNRESTRICTED FUNDS
----- Start of picture text -----
Current year Balance Movement Balance
01/04/2024 in Year 31/03/2025
£ £ £
Unrestricted funds 608,319 290,115 898,434
Total 608,319 290,115 898,434
Prior year Balance Movement Balance
01/04/2023 in Year 31/03/2024
£ £ £
Unrestricted funds 483,259 125,060 608,319
Total 483,259 125,060 608,319
RESTRICTED FUNDS
The Charity has no restricted funds.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Current year Net Current Total
Assets
£ £
Unrestricted funds 898,434 898,434
898,434 898,434
Prior year Net Current Total
Assets
£ £
Unrestricted funds 608,319 608,319
608,319 608,319
----- End of picture text -----
- 10 RESTRICTED FUNDS The Charity has no restricted funds.
| 11 | ANALYSIS OF NET ASSETS BETWEEN FUNDS |
|---|---|
| Current yearyear | |
| Unrestricted funds | |
| Prior yearyear | |
| Unrestrictedfunds |
12 RELATED PARTY DISCLOSURE
The Charity is controlled by the Trustees and there is a close relationship with the7stars UK Limited, a company incorporated in England. During the year the company donated £398,642 (2024: £218,796) to the Charity. At the yearend the charity was owed £480,000 (2024: £350,000) by the company.
12
the7stars Foundation
Registered Charity No. 1168240
Trustees' report and financial statements for the year ended 31 March 2025
the7stars Foundation Contents
| Page number | |
|---|---|
| Charity Information | 1 |
| Report ofthe Trustees | 2-5 |
| Report ofthe IndependentExaminer | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| NotestotheFinancialStatements | 9-12 |
the7stars Foundation Charity Information
Board of Trustees:
Anuschka Clarke (Chair) Jenny Biggam Liam Mullins Nick Maddison Rhiannon Murphy Helen Rose
Registered Office: 6-9 Bush House North West Wing 57 Aldwych London WC2B 4PJ
Independent Examiner:
Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP
Bankers: Barclays Bank PLC Leicestershire LE87 2BB
Charity number: 1168240
1
the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
The Trustees present their report and financial statements of the charity for the year ended 31st March 2025. The Trustees have adopted the provisions of Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.
Trustees of the Charity
The trustees who have served during the year and since the year end were as follows-
Anuschka Clarke (Chair) Jenny Biggam Liam Mullins Nick Maddison Rhiannon Murphy Helen Rose
Objectives and activities
To relieve the needs and suffering of children aged 16 years old and under, in particular those whose challenge is caused by homelessness, addiction, abuse or who may be caring for sick or disabled adults.
Foundation Statement
the7stars set up its Foundation in 2016 as a Registered Charity to support under-privileged young people in the UK. The Foundation is primarily funded via the7stars profits, with additional funding via events and fundraising. We award grants to children and causes supporting young people challenged by abuse, addiction, homelessness or those who are young carers to a loved one.
The Foundation is strategically aligned with the7stars and a major pillar in the7stars' "giving back" programme. All Trustees are Directors at the7stars.
the7stars agency are engaged with the Foundation on a regular basis, with the Foundation circulating updates regarding new grant partners after each round, as well as the agency team volunteering with the Foundation as part of its grant monitoring and reporting procedure. Here, agency members are matched with a grantee, and either visit the charity or complete a telephone interview of how the grant received by the Foundation has achieved impact.
We have four grant programmes:
- Our project grant programme offers funding to charities to deliver a project which will support young people surviving abuse; young carers; affected by addiction or children residing in emergency and temporary accommodation. We have recently completed a strategy review for our grant programmes, and we will now focus on the following areas for our project funding:
ADDICTION
- Support for young people affected by their own or family members’ substance misuse and other addictions
- Prevention and education programmes targeting substance abuse
- Access to counselling, rehabilitation, and recovery services for young people « Peer support networks and mentoring for affected youth
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the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
ABUSE
- Services for survivors of physical, emotional, or sexual abuse inc. online
» Early intervention and safeguarding initiatives
- Therapeutic and trauma-informed care * Advocacy and support for young victims
HOMELESSNESS * Practical support for daily stability * Support for young people in emergency and temporary accommodation and children’s homes run by local authorities
- Assistance for displaced children (e.g. refugees) * Crisis fund support to provide immediate and direct assistance for young people in emergency and temporary accommodation
CHILD CARERS
-
Respite and wellbeing services for young carers
-
Practical and emotional support
-
Educational provision to ensure young carers are not left behind
« Programmes to reduce isolation and improve mental health ° Skill-building and future planning support
- Our shine bright grants fund charities to purchase educational or recreational items (such as books, wellbeing journals, stress packs, arts and crafts for creative play therapy etc.) which will help young people reduce stress and feel happier and more secure. This programme focuses on alleviating the difficulties faced by children and young people from the cost of living crisis.
From 2026 we will be restructuring this programme and launching a long-term funding programme which looks to respond to the record levels of Child Poverty in the UK.
-
Our third programme offers grants to safeguarding professionals (such as social workers, lawyers, school outreach officers) representing a young person in the care or legal system, in need of some extra help. Our grants will pay for an activity or item the child needs to further their potential or opportunity or promote healing, where other routes of funding are not available.
-
Our fourth programme is a social justice fund. This fund is slightly different to our other programmes. We offer grants to charities across the calendar year, aligned to social justice calendar awareness days (such as World Homeless Day). Successful grantees are selected by the7stars agency team members, voting on which charity to be awarded.
From 2026, we will be restructuring this Programme and offering long-term funding to charities across the themes of: Young people within LGBTQ+ communities, child exploitation — with a specific focus on county lines, child mental health and access to education.
Public benefit statement
the7stars Foundation has run a successful grant programme along the theme ‘homelessness’, ‘addiction’, ‘abuse’ and ‘child carers’.
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
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the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
Financial Review (including reserves policy)
A contingency balance of £502,792 has been held. Part allocated to covering costs and the rest to grants. An annual contingency fund of at least £50,000 is confirmed, to ensure the running costs of the Foundation are covered.
Plan for Future Periods
The plan is to continue awarding grants to provide relief regarding abuse of young people aged 16 years and under.
Structure, governance and management
The charity is a Charitable Incorporated Organisation registered on 15 July 2016. It is governed by its constitution.
Appointment of Trustees
Apart from the first charity Trustees, every Trustee must be appointed by a resolution passed at a properly convened meeting of the charity Trustees. In selecting individuals for appointment as charity Trustees, the charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Risk Management
The charity is exposed to operational and financial risks as a result of its operating activities. To mitigate these risks a system of internal controls has been implemented that is designed to provide reasonable (although not absolute) assurance against material misstatement.
Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
« select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP (FRS102); + make judgements and estimates that are reasonable and prudent; + state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; * prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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the7stars Foundation Trustees’ Annual Report for the year ended 31 March 2025
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulation 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the Board
Jenny Biggam Y) i Trustee Date: 28| Ao| wis
5
the7stars Foundation Independent Examiner's Report to the Trustees of the/stars Foundation
| report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.
Responsibilities and basis of report
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of the ICAEW which is one of the listed bodies.
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
| 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.
/A\oocZz Kineckon Synth LL?
Adam Fullerton (FCA DChA) For and On Behalf of Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP
Date. & NoVon ler 2028
6
the7stars Foundation Statement of Financial Activities for the year ended 31 March 2025
| Restricted Funds |
Unrestricted Funds |
Total | Total | |||
|---|---|---|---|---|---|---|
| Yearended | Yearended | Yearended | Year ended | |||
| 2025 | 2025 | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Note | ||||||
| Income | ||||||
| Incoming resources | ||||||
| from Generated | ||||||
| funds - | ||||||
| Investment income | - | 14,484 | 14,484 | 9,979 | ||
| Charitable activties - | ||||||
| Grants, Donation, etc | - | 481,067 | 481,067 | 270,177 | ||
| Total | - | 495,551 | 495,551 | 280,156 | ||
| Expenditure on: | ||||||
| Raising funds | - | 30,695 | 30,695 | 33,504 | ||
| Charitable activities | 2 | - | 174,741 | 174,741 | 121,592 | |
| Total resources expended | - | 205,436 | 205,436 | 155,096 | ||
| Netincome | - | 290,115 | 290,115 | 125,060 | ||
| Netmovement in funds | - | 290,115 | 290,115 | 125,060 | ||
| Total funds broughtforward | - | 608,319 | 608,319 | 483,259 | ||
| Totalfundscarriedforward | 9,10 | - | 898,434 | 898,434 | 608,319 |
7
the7stars Foundation Balance Sheet
At 31 March 2025
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Note 2025 2025 2024 2024
£ £ £ £
CURRENT ASSETS:
Debtors 6 878,642 568,796
Cash at bank and in hand 22,792 42,403
901,434 611,199
CREDITORS:
Amounts falling due within one 7 (3,000) (2,880)
Net Current Assets 898 434 608,319
Net Assets 898,434 608,319
Funds
Unrestricted Funds 9 898 434 608,319
Restricted Funds 10 . -
898,434 608,319
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For the year ended 31 March 2025 the Charity was entitled to exemption from audit under Charities Act 2011.
The financial statements were approved by the Trustees on 23 1o| ae[and][were][signed][on][their][behalf][by:]
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Trustee: Jenny Biggam
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8
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
1. Accounting Policies
Charity information
the7stars Foundation is a charitable incorporated organisation and registered in England and Wales. The registered office is 6-@ Bush House, North West Wing, 57 Aldwych, London, WC2B 4P4J.
Basis of preparation
The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a public benefit entity for the purposes of FRS 102 and therefore the Charity also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP) and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
Going concern
The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. After making enquiries the Trustees have concluded that there is a reasonable expectation that the charitable entity has adequate resources to continue in operational existence for the foreseeable future, and there are no material uncertainties affecting this assumption. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable they will be fulfilled.
Expenditure
Liabilities are recognised as expenditure once there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs which include governance costs, are allocated to charitable activities in the statement of financial activities.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practices, and these costs are included within support costs.
Grants are fully accounted for in the year the grant is approved and notified to the beneficiary. Payments falling due in later years are provided for as a liability on the balance sheet.
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1 Accounting Policies (continued)
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
Allocation of support costs
Support costs are those functions that assist the work of the charity, but do not directly undertake charitable activities. Support costs include office costs, governance costs and other administrative costs. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of resources.
Financial instruments
Debtors and creditors receivable or payable within one year of the reporting date are carried initially at their transaction price and subsequently at settlement value. Debtors and creditors that are receivable or payable in more than one year and not subject to a market rate of interest are measured at the present value of the expected future receipts or payment discounted at a market rate of interest.
Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments valued at the amount prepaid after taking account of any trade discounts due.
Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less.
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Fund accounting
Unrestricted funds are general funds that are available for the use at the trustees’ discretion in furtherance of the objectives of the charity.
Restricted funds are subject to specific conditions by donors as to how they may be used. The charity currently has no restricted funds.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The charity currently has no designated funds.
Critical Accounting Judgements and Estimates
In application of the Charity's accounting policies, the board is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
There are no estimates and assumptions which are believed to have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities in the current or prior period.
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:
the7stars Foundation Notes to the Financial Statements for the year ended 31 March 2025
- 2 TOTAL RESOURCES EXPENDED
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Charitable Activities | ||||
| Donations and grants - activities for young children | - | 136,518 | 136,518 | 75,705 |
| - | 136,518 | 136,518 | 75,705 | |
| Governance and Administration | ||||
| Accountancyfees | - | 3,172 | 3,172 | 3,360 |
| Administration Bank charges |
- - |
34,461 590 |
34,461 590 |
42,081 446 |
| - | 38,223 | 38,223 | 45,887 | |
| TotalResourcesExpendedonCharitableActivities | - | 174,741 | 174,741 | 121,592 |
The main functional activity of the Charity during the year was to relieve the needs and suffering of children aged 16 years and under in particulars those who face challenges caused by homelessness, addiction, abuse, or who may be caring for a sick or disabled adult.
Average number of employees in the current and prior year was nil. Work is done by Trustees and Volunteers. No employees received emoluments of £60,000.
The Charity did not have any paid employees during the year. The Trustees worked on a voluntary basis and received no remuneration.
- 3 TAXATION
No liability to UK Corporation Tax arose on ordinary activities for the year ended 31st March 2025.
- 4 TRUSTEES
The Charity paid no emoluments to the Trustees during the year (2024: Enil).
- 5 INDEPENDENT EXAMINERS REMUNERATION
The Independent Examiner's remuneration amounts to a fee of £3,000 (2024: £2,880).
- 6 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE WITHINWITHIN ONE YEAR | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Accrued income & prepayments | 398,642 | 218,796 |
| Other debtors | 480,000 | 350,000 |
| 878,642 | 568,796 | |
| CREDITORS: AMOUNTS FALLING DUEWITHIN ONE YEAR | 2025 | 2024 |
| £ | £ | |
| Accruals and deferred income | 3,000 | 2,880 |
| 3,000 | 2,880 |
- 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4
:
the7stars Foundation Notes to the Financial Statements
for the year ended 31 March 2025
8 CHARITY STATUS
The Charity is registered as a Charitable Incorporated Organisation. It is a registered Charity (no. 1168240).
9 UNRESTRICTED FUNDS
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Current year Balance Movement Balance
01/04/2024 in Year 31/03/2025
£ £ £
Unrestricted funds 608,319 290,115 898,434
Total 608,319 290,115 898,434
Prior year Balance Movement Balance
01/04/2023 in Year 31/03/2024
£ £ £
Unrestricted funds 483,259 125,060 608,319
Total 483,259 125,060 608,319
RESTRICTED FUNDS
The Charity has no restricted funds.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Current year Net Current Total
Assets
£ £
Unrestricted funds 898,434 898,434
898,434 898,434
Prior year Net Current Total
Assets
£ £
Unrestricted funds 608,319 608,319
608,319 608,319
----- End of picture text -----
- 10 RESTRICTED FUNDS The Charity has no restricted funds.
| 11 | ANALYSIS OF NET ASSETS BETWEEN FUNDS |
|---|---|
| Current yearyear | |
| Unrestricted funds | |
| Prior yearyear | |
| Unrestrictedfunds |
12 RELATED PARTY DISCLOSURE
The Charity is controlled by the Trustees and there is a close relationship with the7stars UK Limited, a company incorporated in England. During the year the company donated £398,642 (2024: £218,796) to the Charity. At the yearend the charity was owed £480,000 (2024: £350,000) by the company.
12