2023-06-30-accounts

Charity number: 1170488 BLEVINS FRANKS CHARITABLE FOUNDATION UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

BLEVINS FRANKS CHARITABLE FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2023 The Trustees present their annual ￿port together wih the financi81 statements for Ihe year ended 30 June 2022. The Trustees confimi that the Annual repK)rt and financial statements of the charity comply wth the current statutory requirements. the ￿qUirementS of the tharivs goveming document and the provisions of the Statement of Recommended Practi￿ ISORPI, applicable lo charitie5 preparing their accounts in accordance with the Finanaal Reporting Stand8rd applirable in the UK and Republic of Ireland IFRS1021 and Charities Act 2011. Since the company qualifies a5 small under section 383. the strategic rep¢yt required ol medium and large companie5 under The Companies Act 2006 IStrategiG ReFQrt and Directorfs Reportl Regulations 2013 is not required. Objectives #nd aetiviti8s . Policie5 and objectives The objecl of the foundation is to advance such charitable purposes according to the law of England and Wales as the Trustees see fil from time to time. The foundation aims to provide donatsons for small I￿1 causes wthin the locality of Blevins Franks Group's (Blewns Franks) offices in the UK and across Europe. These include France, Spain, Portugal. fyrus, Malla and Monaco. In setting objectives and planning for activities, the Trustees have given due conssderatson to gener81 guid8nce published by the Chaiity Commission relating to public benefit. induding the guNlance 'Public benefit.. running a charity IPB21'. b. Grantwmaking pollcles Grant Tecipienls wll be chosen based on due diligence regarding their objectives. activrbes and impact. Priority 11 be given to smaller charities and the trustees delegale Ihe task of promoting and managing local charitable giving to local committees. In tum. decisions of the committee are reported regulady and ratified by the trustees. Achievements and perfomiance . Review of activities During the period the challty received donations amounting to £46.28212022.. £48.7201. During the period, the fwndation made total donations of £46.48612022'. £67.9341. This is shown on nole 3 to the financial stalements. Fin¥ncial review a. Going concern After making appropriate enquiries, the trustees have a reasonable expectation th8t the charity has adequ8te iesource5 to continue in operational existen￿ for the fo￿Seeable fvture. For this reason they continue lo adopt the going concem basis in Preparing the financial statements. Further delails regarding the adoption ol the going concem basi5 GafF be found in the Accounting Pdi(#es. Page 2

BLEVINS FRANKS CHARITABLE FOUNDATKIN TRUSTEES. REPORT IGONTINUEDI FOR THE YEAR ENDED 30 JUNE 2023 b. Overrfiew of Results The donab.ons collected ar8 not restricted lor use and as al 30 June 2023, un￿striCted funds amounted to £37,57912022= £39.TT41. Suth an amount was not fully exhausted during Ihe period due to the trustees. decision lo leave suffi(#enl fvnds available for lulure donations. ¢. Reserves policy The Foundation needs lo ensure that it keeps a minimum balan￿ to cover all necessary ￿$15. should it have to dose down for any reason. d. Principal fvnding The Foundation is supp)rted by donats.ons provtded by Blevins Franks, staff as well as fvndraising 8cts"vities. Blevins Franks, apart from the inbtial (Jonation as noted above. matthes any donat¥)ns made to the foundation by the staff. Structure, governance and management . Constitution The company is registered as a tharilable Company limitad by guarantee and was set up by a TnJst deed. The company 1$ constituted under a Trust deed and i8 a registered charity number 1170488. The principal object ol the charity is to a(fv2nce chantable purpose (according lo the law of England and Wales) as the trustees and the committee see fit from time lo time. The foundatson's main focus is lo provhje don8tions to small local tharities and when possible. the aim is to rxov•Ye firtanual assi5tanc& for a specific cause OT project being undertaken by such charities. b. Mrthods of appointment or election of Trnsts¢s The management of the company is the re8ponsbility of the Trustees who a￿ elecled and co-opied under the terms of the Trust dee¢l. . Policiè$ adopted for the inductlon and training of Tfustees During the setting up of the foundation. professional assistsnce was sought and awropriate guidance obtain8d with Tespect to the role of the trustees and their powers. Furthemiore. the trustees follow the guidance as provided by the Charity Commission in the UK. d. Risk man￿mÉnt The Trustees have assessed the major risks to whrth the charity t5 exposed, in partivjlar those related lo the operations and finances of the charity, and are satisfied that systems and pro(*dures are in ￿arE to miligale our exposure to the major risks. Page 3

BLEVINS FRANKS CHARITABLE FOUNDAnON TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Plans for future periods . Future developments We have referred to the guidance contsined in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives in planning our fLrtLTrre actrwlies. The trustees may, in the future, diversify the Charitys sources of fvnding by seeking s¢jF￿rt from other donors induding the promotion of other fun¢Jraising events. Statement of Trust8es' responsibilitie5 The Trustees are responsible for preparing the Trustees. Report an(J the finanaal statements in accordance wlh applicable Saw and Unite(l Kingdom Accounting Standards {United KingdoTn Generally Accepted Accounting Practice). The taw applicalle to charities in England & Wale5 requires the Trustees lo prepare financ*al Statements for each financial which give a true and fair view of the state of affaits of the company and of its In￿)ming re50Uf¢es and application of resource5. induding its income and expenditure, for that period. In Preparing these finan¢yal Statements. the Trustees are required to". select 5Uit8ble accounting Oiaes and then ap ￿Y them (x)nsistenUy'. observe the methods and prinuples of the Charities SORP IFRS 1021.. ake judgments and ac￿￿ntIng ests"rnates that a￿ reasonable and prudent.. state whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material departures disclosed and explained in the finanrial stalemenls.. prepare the financtal statements on the gcmng con￿rn basKs unless it is inappropriate to presume that the ¢ompany will continue sn trAJsiness. The Trustees are responsible for keeping adequate 8¢>J)unling recr￿dS that are suffiuent to show and explain the CoMpan￿S transacb.ons and disdose wth reasonable accuracy al any time the financial position of the company and enable them to ensure that the finanryal s13tements CoM￿Y with the Charitie5 Act 2011, the Charity (Accounts and Reports) Regulalions 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of ihe company and hence for tsking reasonable steps for the prevantioft and detectton of fraud and other irregularilie5. Approved by ￿der of the members of the Ix)ard of Trustees on 10 January 2024 and signed on their behalf by. ALBorg Trustee Page 4

BLEVINS FRANKS CHARITABLE FOUNDATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2023

Independent Examiner's Report to the Trustees of Blevins Franks Charitable Foundation ('the company')

I report to the charity Trustees on my examination of the accounts of the company for the year ended 30 June 2023.

Responsibilities and Basis of Report

As the Trustees of the company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the company's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the company has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the company as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.

Signed: Dated: 10 January 2024

Thomas Rogers ACA

Haslers, Old Station Road, Loughton, Essex, IG10 4PL

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BLEVINS FRANKS CHARITABLE FOUNDATION STATEMENT OF FINANCEAL ACTMnES FOR THE YEAR ENDED 30 JUNE 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Note Incoffle fTOm: Charitable activities 46.282 46,282 48,270 Total ineomè 46,282 46.282 48,270 Expenditure on- Charitable acts"vities 48.477 48,477 70.555 Total expenditure 48,477 48.477 70,555 Not movement In funds 12,195) 12.1951 (22,285) Reconciliation of funds: Totsl funds brought forward Nel movement in funds 39.774 12,19S) 39.T74 (2.1951 62,059 (22,285) Total funds carried fonvard 37.579 37.579 39. 774 The Statement of Finanual Activilies indudes all gains and losses ￿￿gnised in Ihe year. The notes on pages 8 to 13 fomi part of these finanual statements. Page 6

BLEVINS FRANKS CHARITABLE FOUNDATION BALANCE SHEET AS AT 30 JUNE 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 10,767 29,272 6,872 35,242 40,039 42,174 Creditors: amounts falling due ￿thIn one year {2.4601 (2.340) Net current assets 37.579 39,774 Total assets less current liabiliti•$ 37.579 39,7T4 Net assets excluding pension a$set 37.579 39,774 Total net assèts 37.579 39, 774 Char5ty funds Unrestricted funds General funds 37,579 39,774 Tot81 unrestricted fijnds 37.579 39,774 Total funds 37,579 39.774 The finanual statements were approved and authorised issue by the TNstees on 10 January 2024 and signed on their behalf by. ALBorg Trustee The notes on pages 8 to 13 fomi part of these finanu3151alemenls. Pago 7

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Accountlng policies 1.1 Basis of preparation of financlal statements The finan(xal statements have been prepared in accordan￿ wtth the Charities SORP IFRS 1021- Accounting and Re￿rting by Charities: Sratement of Recommended Practice applicable to charities prèparin9 their accounts Én acC￿an￿ with the Finanaal Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20151. the Financial Repojting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Charib"e5 AGt 2011. The financial ststements have been prepared to give a Irue and f81¢ view and have departe¢S from the charib.es (Accounts and ReFKJrtsl Regulations 2008 only lo the extent required to provide a 'tnJe and view. This departure has involved following Ihe CharitÉes SORP {FRS 1021 published on 16 July 2014 rathef than the Accounting and Retx)rting by char￿.es". Statement of Recominended Practice effective from 1 April 2005 which has sin￿ ten withdrawll. Blewns Franks Charrtable Foundation meets the definition of a pubTric benefrt entity under FRS 102. Assets and liabilities are In￿allY recognised at histrwi¢21 ￿st or 1ransacb.on value untess otherwise Stated in the relevant accountsng tKJiw. 12 Company 5tstU5 The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the evenl of the company teing wound up, the liability in respect of the gsjarantee is limiled to £1 per member of the company. 1.3 Income Al income 15 recK)gnised once the company has ents"￿eMent lo the income, it is prob8ble that the income will be received and the amount of income receivable cxn be measured ￿lIablY. Inwme tax recoverable in relation to donatsons I￿1Ved under Gift or deeds of covenant Is recconised At the time of the donatitN). 1.4 Expenditure Expenditure is re(x)gnised c￿ce there is a legal or construth obligalion to transfer economic benefit to a third party, rt 15 probable that 8 tr3nsfer of economic tnefits wll be required in settlernent and the amount of the obligation Gan be measured reliably. Expenditure is dassified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each actiwty. Direct u)sts attributable lo a single activity are allotAted directly to that actiwty. Shared costs vthith contn.bule to more than one 3ct*vty and support costs which are not attn"butsble to a single activtty are apFM)rD"oned befv4een those acttvities on a basis consistenl with the use of resovrces. Central staff costs are allO￿ted on the basis of time spent, and depreciation charges allocaie(J on the of the assefs use. Expenditure on chafttable athwties is incurred on direcuy undertaknng the a¢tivities whith further the companrfs objecbves. as well as any a&8ouated SUp￿rt costs. l expenditure is indU￿Ve of iffÈts)verable VAT. Page 8

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Accounting policies Icontlnuedl 1.5 Debtors Trade and other debtors are rewnFSed at the setuement amounl after any trade discount offered. P￿payrnents are valued al the am(NJnt prepaitj net of any trade discounts due. 1.6 Cash at bank and in hand Cash at bank arKI in hand indudes cash 8nd 5hort-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.7 Liabilitie5 and provisions Liabilities are recognised vthen there is an O￿lga￿"1)n 8t the BalanGe Sheet date as a result of a past evenl. it is probable that a transler of ecor￿MiC benefft wll be required in setdement. and Ihe amount of the setuement can be estimated reliabty. Liabilities are recogniseil at the am￿nt that the company antiapates It wll pay lo setue thè debt or the amount it has received as advanced payments for the goods or service5 11 must provide. Provisions a￿ rneasu￿d at the best estirnate of Ihe amounts required to setue the obligation_ Where the effe¢l of the time value of money is material. the provision is based on the present value of those amounts, discounted at the pre-tsx discount rale thal reflects the risks specific to the liability. The unwinding of the discount is recognised in the Ststement of Financial Activities as a finance cost. 1.8 Forelgn Currencie$ Monetary assets and llatxl￿.es denominated in forewJn currencies a￿ translated into Sterfing al rates of exchange ruling at the balan￿ sheet dale. 1.9 Fund accounting General fijnds are unrestricted fijnds whid) are available for use at the discretr'on of the Trustees in futheranee of the general objectives of the company and which have not been designated for other purposes. Page 9

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Income from Charitsble activities Unrestricted funds 2023 Total funds 2023 Total funds 2022 Dollations 46.282 46,282 48,270 The donations above indude donations trom the primary sponsors BleMn5 Franks Finanual Management Limited & Blevins Franks Wealth Management Limited and it's staff, along with donations from Lombard Internabonal Assurance. Analysis of expÈndlture by activitses Support costs 2023 Total funds 2023 Total funds 2022 Direct costs 2023 Total rnsts 46.486 1.991 48,477 70,555 Total 2022 67,934 2.621 TO.555 Analysis of direct costs Total fund5 2023 Total funds 2022 Activities 2023 Grants payable 46.486 46.486 67.934 Page 10

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Analysis of expenditure by a¢tivities {continuedl Analysls of support costs Total funds 2023 Total lunds 2022 Activities 2023 Governance costs Bank chargeslL¢Jss on Foreign Exchange 2,460 14691 2.460 14691 2,340 281 Total 2023 1,991 1.991 2,621 Independent exami￿$ rernuneration The independent ex8minerfs Temunerats"on amounts to an independent examiner fee of £2,460 {2022 - £2,340). Trust••s' remuneration and expenses During the year. no Trustees ￿CeNed any remuneralion or other beneffts (2022- £NIL). During the year ended 30 June 2023. no Trustee expenses have been incurred (2022- £NIL). D¢btors: Amounts falling due within one year 2023 2022 Other debtors 10.767 6.872 10,767 6,872 Creditors.. Amounts falling due withln one year 2023 2022 Accruals and deferred income 2,340 Page11

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Summary of funds Summary of funds- curTent year Balance at 30 June 2023 Balance at 1 July 2022 Income Expenditur¢ General funds 39,774 46,282 148,477) 37,579 Summary of funds- prior year Balance al 30 June 2022 8alance at 1 July 2027 Income Expenditure General funds 62.059 48.270 (70.555) 39,714 knalysis of net assets between fvnds Analysis of net a55ets bèkn¥tsn funds - current yèar Unrestricted nds 2023 Total funds 2023 Current assets Crediiors due wrthin one 40,039 12,460) 40.039 12.4601 Total 37,579 37,579 Analysis of net assets between funds- Prior year Unrestncteé funds 2022 Tot81 funds 2022 Current assets Creditors due wthin c￿e swr 42,114 (2.340J 42,114 (2,340J 39.774 39,774 Total Page 12

BLEVINS FRANKS CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 10. Members. liabllity Each member of the Charita￿e In¢x>rporaled OrganL8ation ICIOI undertakes to contn.bute to the assets of the CIO in the èvenl of rt bèing wound up while helshe is a member, or within one year after helshe ceases lo be a member, such amount as may be required, not exceeding £1 for the deb15 and liabilities contracted before helshe ceases to be a ￿￿Mber. 11. Related party transactions Ouring the year there were no refated paty transactions. Page 13