Trustees' Annual Report for the period
Period start date Period end date 01 01 2025 31 12 2025
From
To
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]
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(eg. trust deed, constitution)
Charitable incorporated organisation How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
Appointed by trustees
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
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 young people in engineering for the public benefit by making grants and awards to young people engaged in education or training and training 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 and research. The charity trustees have had regard to the guidance on public benefit with their grant donation and all trustees have been aware of the guidance and have been furnished with the documents PB1, PB2 & PB3.
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Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
Section D Achievements and performance
The charity made a donation of £500 to Cornwall Hospice Care in this Summary of the main year. achievements of the charity during the year
Section E Financial review
Brief statement of the The charity does not have a reserves policy at this time. charity’s policy on reserves Details of any funds materially n/a in deficit Further financial review details (Optional information) You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
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) ROGER BASSETT Position (eg Secretary, Chair, CHAIR etc) Date 21/08/2025
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The Bassett Foundation 1169349 Receipts and payments accounts CC16a For the period Period start date Period end date from 1/1/2024 12/31/2024
Section A Receipts and payments
| 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 4,760 Cash funds this year end 4,260 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 - 4,760 4,260 |
Last year to the nearest £ |
| - - - - - - - - - |
- | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | - | - | ||
| - - - - - - - - - - |
500 | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 500 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 500 | - | ||
| - | - - - - |
500 | - | |
| - | - | - | ||
| - | 4,760 | - | ||
| - | 4,260 | - |
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 Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ - - - - - - 4,260 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name ROGER BASSETT Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
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| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| ROGER BASSETT | 8/21/2026 |