WILLIAM CROSS FOUNDATION Reg. No. 1170005 EST 2016 DAT Cartref, Homefield Road, Saltford, Bristol, Somerset BS313EG England and Wales Registered Charity 1170005 Trustees, Annual Report 2 August 2023- 1 August 2024 William Cross Foundation-Trustees' Annual Report 2023-24
WILLIAM CROSS FOUNDATION Reg. No. 1170005 REFERENCE AND ADMINISTRATIVE DETAILS Trustees Paul Cross {Chairmanl appointed 3.11.16 Lesa Cross (Vice Chairman) appointed 3.11.16 Gordon Opie appointed 3.11.16 Charity Name William Cross Foundation Registered Charity Number 1170005 Registered Address Cartref Homefield Road SaltFord BRISTOL Somerset BS313EG Independent Examiner Peregrine Chartered Accountants Old Bank The Triangle Paulton BRISTOL Somerset BS39 7LE William Cross Foundation-Trustees' Annual Report 2023-24
WILLIAM CROSS FOUNDATION Reg. No. 1170005 Table of Contents REFERENCE AND ADMINISTRATIVE DEfAILS ...................................................................................... TRUSTEES, REPORT FOR THE PERIOD ENDED I AUGUST 2024.......................................................................... STRUCTURE, GOVERNANCE AND MANAGEMENT ............................................................................................ OBJEcfivES AND ACTIVITIES...............................,.......,....... Background.....................................................................,...................................................................... .... ...... ACHIEVEMENTSAND PERFORMANCE............................................................................................. Fundraislng................. Beneficiaries................. DECLARATIONS............................................................................................................................... William Cross Foundation- Trustees, Annual Report 2023-24
WILLIAM CR055 FOUNDATION Reg. No. 1170005 TRUSTEES, REPORT FOR THE PERIOD ENDED I AUGUST 2024 The trustees present their report and accounts for the year ended l August 2024. The accounts have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the charity's Trust Deed, the Charities Act 1993 and the Statement of Recommended Practice, "Accounting and Reporting by Charities" issued in March 2005. (Note: The William Cross Foundation was formed in September 2016 and achieved registered status with the Charities Commission on 3 November 2016.) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is constituted as a Charitable Incorporated Organisation under a Foundation Constitution. OBJECTIVES AND ACTIVITIES The identified Charitable Objects are: To: advance the education of the public, in particular but not exclusively, in the subjects of music and politics, in particular but not exclusively, for young people under the age of 25 throughout England and Wales, and to promote any other purpose which is charitable according to English law in such ways as the charity trustees think fit. (2) The William Cross Foundation relies entirely on volunteers and neither employs staff nor owns any propertv. Trustees, Board Meetings were initially held on a monthly basis during the initial few months but now take place on a quarterly basis. Backgi"ouiid The William Cr055 Foundation was formed in September 2016 following the tragic death of William Cross on 28 May 2016. William, the 17 year old son of Paul Cross and his wife Lesa, was aff licted by acute viral encephalitis, a condition that results in death in only 1.'500000 people. William Cross Foundation- Trustees, Annual Report 2023-24
WILLIAM CROSS FOUNDATION Reg. No. 1170005 William's involvement in many musical activities and his popularity in his home town meant that his death had a devastating impact on not just his family and friends, but on a whole community. He was a House Prefect at Kingswood School, had formed his first band aged just 10, played in pubs, clubs and at events, and was an active member of the young Conservatives. Following an outpouring of public grief, and an immediate desire to do something in remembrance, Will's family and friend5 Started to organise collections and other fundraising ideas. Whilst the enthusiasm was tangible, there was a real and immediate need to exert some control and structure to the fundraising in order to protect Will's family and to ensure that there was a sound structure as Will's legacy developed. ACHIEVEMENTS AND PERFORMANCE Fundi'aising The development of the Foundation's social media (Facebook and Twitterl enabled us to promote the brand and raise awareness of the charity in a way which would have never been possible previously. www.facebook.com/williamcrossfoundation twitter.comlwillsfoundation A website has been created which in the future will provide the mechanism for eligible young people to apply for funding from our Grants Programme via an on-line applications process. Beneficiaries The Foundation has made no disbursements during the year ended l August 2024. DECLARATIONS The trustee5 declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees 5ignature(s) Full namelsl Paul Cross Lesa Cross Position Chairman Vice-chairman Date 11 May 2025 11 May 2025 William Cross Foundation- Trustees, Annual Report 2023-24
REGISTERED CHARITY NUMBER: 1170005 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 AUGUST 2024 FOR WILLIAM CROSS FOUNDATION Peregrine Chartered Accountants Old Bank The Triangle Paulton Bristol BS39 7LE
WILLIAM CROSS FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 AUGUST 2024 Pago Roport of Iho Tru8ts88 Indopondont Examlnof8 Report Statom•nt of Flnan¢lal tIvItI•3 Balanoe Sheat N¢)te8 to the Flnanolal ststamonts Dgtsllod 8tatom•nt of Flnanolal Aatlvltlo8
WILUAM CROSS FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1 AUGUST 2024 The trustees present their report with the financial statements of the Charity for the year ended 1 August 2024. The trust&es have adopted the provisions of Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financ4al Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effecllve 1 January 2019). 8TRUCTUR4 GOVERNANCE AND MANAGEMEKr Govorning dooument The charity Is controlled by its governing documents, a deed of trust and constitutes a Charitable Incorporated Orgainisation (Companies House reglstration Number CE0084S11 REFERENCE AND ADMINISTIIATIVE DETAILS Rtyistsred Charlty number 1170005 Prfnolpal addr¢•* Cartref Homefield Road Saltford Bristol BS313EG Trustso8 P J Cross GDOpie Mr6 L Cross Independent Examlnoi Peregrine Ch8rt8red Accountsnts Old Bank The Trlansle Paulton Bristol BS39 7LE Approved by order of the board of trustees on . and slgned on Its behalf by: F• J Cross - Trustse Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WILLIAM CROSS FOUNDATION Independent èxamlner's roport to tho trusteog ol Wllllam Cross Foundatlon report to the charity trustees on my examin81ion of the accounts of William Cross Foundation (the Trust) for the year ended 1 August 2024. Rospon81bllllle8 and basls of report As the charity trustees of the Trust you are responslble for the preparatlon of the accounts in accordance ¥th the requirements of the Charities Act 2011 ('the ACV). I report In respect of my examlnallon of the Trusfs accounts carried out under Section 145 of the Act and in carrying out my examination I hav¢ followed all applicable Dlreclions given by the Charity Commission under Section 14q5)(b) of the ACL Independont gxamlnor'8 $latèmanl I have completed my examinatton. I confirm that no materlal matters have como to my attention In connoction tth the examination giving me cause to belleve that In any mat8ri81 respect. accounting records Yre not kept In respect of the Trust as requlred by Section 130 of the Art or the accounts do not accord th those records., or the a¢¢ounts do not Comply with the appllcable requirements concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 othèr than any requirémènt that the accounts glve true and fair view which is not a matter considered a$ part of an independent examlnation. I have no concerns and have come across no other matters In connectlon V4lth the ex8mln8tlon to whlch attentlon should be drawn In thls report In order to enable a proper understandlng of the accounts to be reached. Peregrlne Chartered Accountsnts P8regrlne Charter8d Accountants Old Bank The Trlangl• Paulton 8ristol 8S39 7LE Page 2
WILLIAM CROSS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1 AUGUST 2024 2024 Unrestri¢tsd fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legac4es EXPENDITURE ON Raising funds 820 1,123 Charltable a¢tivltle8 Gifts to individuals 1,500 Total 820 2,623 NET INCOMEIIEXPENDITURE) (819) (2,477) RECONCILIATION OF FUNDS Total funds brought forward 22,916 25.393 TOTAL FUNDS CARRIED FORWARD 22,097 22,916 The notes form part of these financial statements Pago 3
WILLIAM CROSS FOUNDATION BALANCE SHEET 1 AUGUST 2024 2024 Unrestrlctsd fund 2023 Totsl funds Notes CURRENT ASSETS Cash at bank and In hand 22.457 23,576 CREDITORS Amounts falling due vlthln one year (360) (860) NET CURRENT ASSETS 22,097 22,916 TOTAL ASSET8 LEPJS CURRENT LIABILITIES 22,097 22,916 NET ASSETS 22,097 22,916 FUNDS Unrestricted fvnd6 22.097 22,916 TOTAL FUNOS 22,097 22,916 The financial statements *pre approvod by the Board of Trustees and authorised for issue 11.W...2ozs.......... and bvere slgned on its behalf by: on P J Cross - Truste6 The notes fom part of these financial statèments Page 4
WILLIAM CROSS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 AUGUST 2024 ACCOUNTING POUCIES 8a818 of preparfng the Ilnan¢lal 8tatomonts The financial statements of the charty. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard appli¢able In the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191., Financial Reporting Standard 102 The Financlal Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. In¢ome All income is recognlsed in the Statement of Flnanclal Activitlés once the Charity has entitlement to the lunds, 11 is probable that the Income wll be received and the amount Can be measured reliaw. Expendituro Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligation committing the charty to that expenditure, it is prObae that a transfer of economlc benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basls and has been dassified under headings that aggregats all cost related to the category. Where costs cannot be dlrectly 8ttributed to particular headings they have b8en allocated to activities on a basis consistent wth the use of resources. Grants offer8d subject to conditiorB which have not been met at tho year end date arg notad as a commitment but not accrued as expenditure. Taxatlon The charity is exempt from tax on its charitable activities. Fund a¢¢ounting Unrestricted funds can be used in accordance Viilh the charitsble objectlves at Ihe discrekn'on of the trustees. Restrictsd funds Can only be used for parli¢ular restricted purposes within the objects of th8 charity. Restrictions artse when specified ty the donor or when funds are raised for particular restricted purposes. Furthér explanation of the nature and purpose of each fund is induded in the notes to the financial statements. RAISING FUNDS Ralslng donatlon8 and laga¢l8$ 2024 2023 Support costs 820 1,123 TRUSTEES, REMUNÉRATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 1 August 2024 nor for the year ended 1 August 2023. Trustses. expenses There were no tntstees, expenses pald for the year ended 1 August 2024 nor for the year ended 1 August 2023. Page 5 continued...
WILLIAM CROSS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1 AUGUST 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacles EXPENDITURE ON Raising fvnds 1.123 Charltable actlvltle8 Gifts to individuals 1.500 Total 2,623 NET INCOMEIIEXPENDITURE) 12,477) RECONCIUATION OF FUNDS Total funds brought forward 25,393 TOTAL FUNDS CARRIED FORWARD 22,916 CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 other creditt)rs 380 660 MOVEMENT IN FUNDS Net movement in fvnds At 1.8.24 At 2.8.23 Unrestricted funds General fund 22,916 (819) 22,097 TOTAL FUNDS 22,916 {819) 22,097 Net movement in funds, induded in the above are as follow3: Incoming resources Resourcés expended Movément in funds Unrestrl¢ted funds General fund (820) (819) TOTAL FUNDS (820) (819) Page 6 continued...
WILUAM CROSS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 1 AUGUST 2024 MOVEMENT IN FUNDS - contlnu4d Comparatlves for movément in funds Net movement in funds At 1.8.23 At 2.8.22 Unrestricted lunds General fund 25,393 (2,4771 22,918 TOTAL FUNDS 25.393 (2,4771 22.916 Comparatlve net movement In funds, included in the above are as follow5- Incoming resources Resources expended Movement in funds Unrostrlcted lund8 General fund (2,623) 12,477) TOTAL FUNDS (2,623) 12,477) A current year 12 months and prior year 12 months combined position is as follows: Net movement In funds At 2.8.22 1.8.24 unrtr10t8d funds General fund 25,393 13,296) 22,097 TOTAL FUNDS 25,393 13.296) 22,097 A eurrent year 12 months and prior year 12 months combined net movement In funds, included In the above are as follows: Incoming resources Resources expended Movement in funds Unre8tTloted funds General fund 147 13,443) (3,296) TOTAL FUNDS 147 13,443) (3,296) Page 7 continued...
WILLIAM CROSS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 1 AUGUST 2024 RELATED PARTY DISCLOSURES There were no relatsd party transactions for the year ended 1 August 2024. Page 8
WILLIAM CROSS FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1 AUGUST 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and leg188 Total Ineomlng rosoura EXPENDITURE Charitabl* activities Grants to individuals 1,500 Support costs Management Computer costs 210 757 Flnanc¢ Bank charges Goveinanee ¢o$ts Accountancy and legal fees 602 360 Total resources expended 820 2,623 Not Qxpgndlture (819) (2,477) Thls page does not form part of the statutory financial statements Page 9