## **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 Unièstr*ied lund5 th• n••r••l Restr*ièd fvnd5 EfftdowffiÈnL funds Tcrtal funds Last ythir th• n*w•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 roh*l 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 b*ts¢¢n funL1s Ae Cash fund5 Trast s*arend C￿h fund¥ Ihls y••r •nd io 0.312 $.J10 S,J12 5.310 S,302 fy.312 Page5of8 Section B Statement of assets and liabilities at the end of the period Endtswrr*nt fvnds ftsnd$ r•sl£ B1 Cash fvnds &31U nds nds b)nD•r••t£ 84 AMe¢• rel•ln•d for th• hwlty's OT*n u B5 U*)Illtl•• Date of te*•Wof all In Prirt Nwn 21101r2022 21101r2022 Page6of8 CHARITY COMMISSION FOR ENGLAND AND WAiES EducatKx*l 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 io*thI 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(>Jr*FI 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 -----**