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2023-12-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
01 01 2023 31 12 2023

Section A Reference and administration details

Charity name THE BASSETT FOUNDATION

Other names charity is known by

Registered charity number (if any) 1169349

Charity's principal address 5 GUILDFORD ROAD INDUSTRIAL ESTATE

HAYLE CORNWALL Postcode TR27 4BA

Names of the charity trustees who manage the charity

1
2
3
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
ROGER BASSETT CHAIR
ROSEMARY
BASSETT
TRUSTEE
COLIN
TRUSCOTT
TRUSTEE

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

CIO Foundation

(eg. trust deed, constitution)

How the charity is constituted[Charitable incorporated organisation]

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(eg. trust, association, company)

Trustee selection methods

Appointed by trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

The objects of the CIO are to advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular but not limited to: (1) advancing the education of Summary of the objects of the young people in engineering for the public benefit by making grants and charity set out in its awards to young people engaged in education or training and training governing document institutions (2) the prevention and relief of sickness by making grants and awards to charities working with those suffering from dementia and cancer. The charity was set up with its primary purpose as helping young people pursue and advance their education in engineering and to help educational institutions involved in engineering education and training and to support those charities involved in cancer and dementia support Summary of the main and research. activities undertaken for the public benefit in relation to The charity trustees have had regard to the guidance on public benefit these objects (include within with their grant donation and all trustees have been aware of the this section the statutory guidance and have been furnished with the documents PB1, PB2 & PB3. declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The charity made a donation of £500 to Cornwall Hospice Care in this year.

Section E Financial review

Brief statement of the charity’s policy on reserves

The charity does not have a reserves policy at this time.

Details of any funds materially in deficit

n/a

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

 the charity’s principal sources of funds (including

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any fundraising);

Section F Other optional information

Section G 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)
Position (eg Secretary, Chair,
etc)
Date
ROGER BASSETT
CHAIR
12/09/2024

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The Bassett Foundation
The Bassett Foundation
The Bassett Foundation
1169349
For the period
from
Period start date
1/1/2023
Period end date
12/31/2023
Section A Receipts and payments
A1 Receipts
-
-
-
-
-
-
-
-
-
-
-
Sub total -
Total receipts -
A3 Payments
500
-
-
-
-
-
-
-
-
Sub total 500
-
-
Sub total -
Total payments 500
Net of receipts/(payments) - 500
A5 Transfers between funds
-
A6 Cash funds last year end
5,760
Cash funds this year end 5,260
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
500
-
-
-
-
-
-
-
-
500
-
-
-
500
500
-
5,760
5,260
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
- -
- -
- -
- -
- -
- -
- -
- -
- -
-
-
-
-
- -
- -
- - -
-
-
-
-
-
-
-
-
-
-
500 -
- -
- -
- -
- -
- -
- -
- -
- -
500 -
-
-
-
-
-
- -
- 500 -
- -
-
-
-
500 -
- - -
- 5,760 -
- 5,260 -

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Details
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
-
-
-
5,260
OK
to nearest £
-
-
-
-
-
-
Unrestricted
funds
Unrestricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
to nearest £
-
-
-
-
OK
to nearest £
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
-
-
-
-
-
Signature Print Name
ROGER BASSETT
Date of
approval
ROGER BASSETT 9/12/2024