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2021-03-31-accounts

MD Educational Foundation Charity Number: 1169208

{For Charitable Incorporated Organisation}

Trustees' Annual Report and Financial Statements for the Period 1 April 2020 to 31 March 2021

Page 1 of 8

MD Educational Foundation

Trustees' Annual Report for the Period Ended 31[st] March 2021

Reference & Administration Details

Charity name: MD Educational Foundation

Charity number: 1169208

Charity's operating address: Building 329, Doncastle Road, Bracknell, Berkshire RG12 8PE

Names of the Charity Trustees who Manage the Charity (Add extra rows as required)

Trustee Name Office (if any) Appointed Retired 1: Miriam Dervan 15/09/16 2: Tarquin Scadding‐Hunt 15/09/16 3: Shaun Barton 15/09/16

If any trustee is appointed by an external person or organisation (e.g.: the local Council) a note of that should be included.

Names & Addresses of Advisors (Delete rows which are not relevant)

Name Address & Postcode Bank: Barclays Barclays, Leicester LE87 2BB

Structure, Governance & Management

Description of the Charity's Trusts

Type of Governing Document: Constitution

How the Charity is Constituted: Charitable Incorporated Organisation

Trustee Selection Methods: Trustees are appointed by a resolution passed at a properly convened meeting of the Charity Trustees

How New Trustees are Inducted New trustees are given a copy of the constitution and a copy of the and Trained: latest Trustees’ Annual report and Statement of Accounts. They are also advised of the foundation’s activities.

Page 2 of 8

MD Educational Foundation

Trustees' Annual Report for the Period Ended 31[st] March 2021

Objectives & Activities

Summary of the Objects of the Charity as set out in its Governing Document

The objectives of the charity are the advancement of education by provision of grants to young people requiring training and development (including but not limited to) educational courses and work experience

Summary of the Main Activities Undertaken for the Public Benefit in Relation to the Charity's Objects

The Charity’s key aims are to assist the educational development of young people encouraging them to find and consider the opportunities available to them including, but not limited, to self‐employment and business start‐ up.

The foundation aims to provide free advice, training, work experience and support to enable young people to contribute and participate in the 21[st] century economy

Achievements & Performance

Statutory Declaration

We, the trustees, declare that we have complied with our duty to have due regard to the guidance on public benefit published by the Charities Commission in exercising our powers or duties.

Summary of the Main Achievements of the Charity for the Year

We have continued to assist the educational development of young people encouraging them to find and consider the opportunities available to them including, but not limited, to self‐employment and business start‐ up.

Financial Review

Brief Statement of the Charity's Policy on Reserves

The foundation does not have a policy on reserves. At the end of the year there was a cash surplus of £5,310.

Page 3 of 8

MD Educational Foundation

Trustees' Annual Report for the Period Ended 31[st] March 2021

Statutory Notes to the Accounts

Particulars of Any Outstanding Guarantee Given by the CIO

There are no potential liabilities nor guarantees outstanding as at the date of the statement of assets and liabilities.

Particulars of Any Outstanding Debt

There is no outstanding debt as at the date of the statement of assets and liabilities.

Declaration

The Trustees declare that they have approved the Trustees' Report above.

Signed on behalf of the Charity's Trustees

Signature(s):

Full Name(s): Tarquin Scadding‐Hunt Position(s): Trustee Date: 21[st] January 2022

Miriam Dervan

Trustee

21[st] January 2022

Page 4 of 8

Edu¢3tMJnal Foundat 1169208 CHARITY COMMISSION FOR ENGiAND AND WAiES Receipts and payments accounts CC16a Fortr Pe￿)d To Section A Recei ts and ments Unièstried lund5 th• n••r••l Restrièd fvnd5 EfftdowffiÈnL funds Tcrtal funds Last ythir th• nw•si£ +ih• n•rntt toth• n•4v•t£ toth• n•4r•st£ A1R Donabons 10 Sub totsllGross incomtr for ARJ 1Q,13 A2 AsS•t and knve5tm•nl sal•5. Sub rohl T(41 r￿￿p$ 10.620 10,620 A3 PayThnts Co8ls Steyninll Granyrnr Schj 1,•74 Sub total 10,122 10, 1,674 A4 A•￿t •nd v•stm•nt urchas•s se• tsbl• Sub roral Toralpaym•nis 10.122 1.874 N•t 0frgwpt￿Ip8Ym8ft1￿J AS Tr4nsf¢rs bts¢¢n funL1s Ae Cash fund5 Trast sarend C￿h fund¥ Ihls y••r •nd io 0.312 $.J10 S,J12 5.310 S,302 fy.312 Page5of8

Section B Statement of assets and liabilities at the end of the period Endtswrrnt fvnds ftsnd$ r•sl£ B1 Cash fvnds &31U nds nds b)nD•r••t£ 84 AMe¢• rel•ln•d for th• hwlty's OTn u B5 U)Illtl•• Date of te•Wof all In Prirt Nwn 21101r2022 21101r2022 Page6of8

CHARITY COMMISSION FOR ENGLAND AND WAiES EducatKxl Founda 9208 Receipts and payments accounts CC16a To Section A Receipts and payments Unrestr￿1￿ Resrr£tsd En£knWrt￿I T￿Ill￿d$ L••ty••r A1R Donabons Sub lot•1(Gr￿S for AR) A2 A¥s•t •wKI kn¥•¥trrnntMIM, s••tsbl• Sub A3P sitynw fyanvpw Sc Sub total 1.074 A4Ass•t •rKI knvmlnwnt Sub total 1.174 Net 0f￿celp￿j1paymv*tsJ AS Trnnslers behveon fuThlJ AO cash I•$t￿r C•Bh funds this ye•rend 10 0.302 431 4302 4312 3,701 1.202 Poge 7of8

Section B Statement of assets and liabilities at the end of the period Unre5trfded Re51rfcted lund5 to ntarest£ En(k)wment tunds to newest£ )nearest£ B1 Cash funds 4312 T￿￿ cash funds S.312 lunds t• n•w••t£ funds to MW•St£ 82 Other monetary assets Fund tb• ¢yrrtnt ¥•lu• 83 Investment as5ds Fund iothI tb• CuN•ni ¥41u• n•1 84 As••ts r•taln•d th• ¢h¥lty's own use Amouni OJ• Vth•n dw 85 LlabllltS•1 by or• trwtl￿0n of all IruJts•s SwJn&bJe Pn'rt Name D•te ol val T¥9￿ Sca(>JrFI D•Tr•n Page8of8

MD Educational Foundation 1169208

Receipts and payments accounts

4/1/2019 3/31/2020 To

For the period from

Section A Receipts and payments

----- Start of picture text -----
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 1,684 - - 1,684
- - - -
- - - -
1,684 - - 1,684
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 1,684 - - 1,684
A3 Payments
Steyning Grammar School 1,087 - - 1,087
587 - - 587
Steyning Grammar School
- - - -
Sub total 1,674 - - 1,674
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 1,674 - - 1,674
Net of receipts/(payments) 10 - - 10
A5 Transfers between funds - - - -
A6 Cash funds last year end 5,302 - - 5,302
Cash funds this year end 5,312 - - 5,312
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period and liabilities at the end of the period and liabilities at the end of the period
Unrestricted Restricted
Categories Details funds funds
B1 Cash funds Bank Account Total cash funds to nearest £
5,312
-
-
5,312		 to nearest £
-
-
-
-
(agree balances with receipts and payments
account(s))		 OK OK
Unrestricted Restricted
funds funds
B2 Other monetary assets Details to nearest £
-
-		 to nearest £
-
-
B3 Investment assets Details Fund to which
asset belongs		 Cost (optional)
-
-
-
B4 Assets retained for the Details Fund to which
asset belongs		 Cost (optional)
-
charity’s own use -
-
B5 Liabilities Details Fund to which
liability relates		 -
-
-
-
-
Amount due
(optional)
Signed by one or two trustees on
behalf of all the trustees		 Signature Print Name
Tarquin Scadding-Hunt
Miriam Dervan

----- Start of picture text -----
CC16a
----- End of picture text -----

Last year

to the nearest £

1,541 - - 1,541

1,541

-

1,541 - 3,761 5,302

----- Start of picture text -----
Endowment
funds
to nearest £
-
-
-
-
----- End of picture text -----

----- Start of picture text -----
OK
----- End of picture text -----

Endowment funds to nearest £

----- Start of picture text -----
-
-
Current value
(optional)
-
-
-
----- End of picture text -----

Current value (optional)

----- Start of picture text -----
-
-
-
----- End of picture text -----

----- Start of picture text -----
When due
(optional)
----- End of picture text -----

----- Start of picture text -----
Date of
approval
----- End of picture text -----

MD Educational Foundation

Receipts and pay For the period 4/1/2019 from

Section A Receipts and payments

Unrestricted Restricted funds funds

to the nearest

£

to the nearest £

A1 Receipts

----- Start of picture text -----
Donations 1,684 -
- -
- -
1,684 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
Total receipts 1,684 -
A3 Payments
Steyning Grammar School 1,087 -
587 -
Steyning Grammar School
- -
Sub total 1,674 -
A4 Asset and investment
purchases, (see table)
- -
- -
Sub total - -
Total payments 1,674 -
Net of receipts/(payments) 10 -
A5 Transfers between funds - -
A6 Cash funds last year end 5,302 -
Cash funds this year end 5,312 -
----- End of picture text -----

Section B Statement of assets and liabilities a

Categories

B1 Cash funds

Details

Bank Account

Total cash funds

(agree balances with receipts and payments account(s))

Details

B2 Other monetary assets

Details

B3 Investment assets

Details

B4 Assets retained for the charity’s own use

Details

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Signature

1169208

yments accounts

3/31/2020

To

CC16a

Endowment funds

to the nearest £

Total funds

Last year

to the nearest £ to the nearest £

----- Start of picture text -----
- 1,684 1,541
- - -
- - -
- 1,684 1,541
----- End of picture text -----

----- Start of picture text -----
- -
- - -
- - -
- 1,684 1,541
- 1,087 -
- 587 -
- - -
- 1,674 -
- -
- -
- - -
- 1,674 -
- 10 1,541
- - -
- 5,302 3,761
- 5,312 5,302
----- End of picture text -----

t the end of the period

----- Start of picture text -----
Unrestricted Restricted Endowment
funds funds funds
to nearest £ to nearest £ to nearest £
5,312 - -
- - -
- - -
5,312 - -
OK OK OK
Unrestricted Restricted Endowment
funds funds funds
to nearest £ to nearest £ to nearest £
- - -
- - -
Fund to which Current value
Cost (optional)
asset belongs (optional)
- -
- -
- -
Fund to which Current value
Cost (optional)
asset belongs (optional)
- -
- -
- -
Fund to which Amount due When due
liability relates (optional) (optional)
-
-
-
-
-
Date of
Print Name
approval
Tarquin Scadding-Hunt
Miriam Dervan
----- End of picture text -----

MD Educational Foundation

Receipts and pay

4/1/2020

For the period from

Section A Receipts and payments

----- Start of picture text -----
Unrestricted Restricted
funds funds
to the nearest
to the nearest £
£
A1 Receipts
Donations 10,620 -
- -
- -
10,620 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
Total receipts 10,620 -
A3 Payments
Marketing Costs 10,620 -
Bank Charges 2 -
Steyning Grammar School
- -
Sub total 10,622 -
A4 Asset and investment
purchases, (see table)
- -
- -
Sub total - -
Total payments 10,622 -
- 2 -
Net of receipts/(payments)
A5 Transfers between funds - -
A6 Cash funds last year end 5,312 -
Cash funds this year end 5,310 -
----- End of picture text -----

Section B Statement of assets and liabilities a

Categories

B1 Cash funds

Details

Bank Account

Total cash funds

(agree balances with receipts and payments account(s))

Details

B2 Other monetary assets

Details

B3 Investment assets

Details

B4 Assets retained for the charity’s own use

Details

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Signature

1169208

yments accounts CC16a 3/31/2021 To

----- Start of picture text -----
Endowment
Total funds Last year
funds
to the nearest £ to the nearest £ to the nearest £
- 10,620 1,684
- - -
- - -
- 10,620 1,684
- -
- - -
- - -
- 10,620 1,684
- 10,620 -
- 2 -
- 1,674
-
- - -
- 10,622 1,674
- -
- -
- - -
- 10,622 1,674
- - 2 10
- - -
- 5,312 5,302
- 5,310 5,312
----- End of picture text -----

t the end of the period

----- Start of picture text -----
Unrestricted Restricted Endowment
funds funds funds
to nearest £ to nearest £ to nearest £
5,310 - -
- - -
- - -
5,310 - -
OK OK OK
Unrestricted Restricted Endowment
funds funds funds
to nearest £ to nearest £ to nearest £
- - -
- - -
Fund to which Current value
Cost (optional)
asset belongs (optional)
- -
- -
- -
Fund to which Current value
Cost (optional)
asset belongs (optional)
- -
- -
- -
Fund to which Amount due When due
liability relates (optional) (optional)
-
-
-
-
-
Date of
Print Name
approval
Tarquin Scadding-Hunt
1/21/2022
Miriam Dervan
1/21/2022
----- End of picture text -----