## **BOOTH CHARITABLE FOUNDATION CIO**
## **Charity no.1171530**
## **Annual report 31[st] December 2023**
The Trustees of Booth Charitable Foundation CIO present this annual report, covering the period between 1[st] January 2023 and 31st December 2023 (‘the period’).
## **Reference and administrative details**
The charity, Booth Charitable Foundation, is a charitable incorporated organisation which was registered with the Charity Commission of England and Wales on 8[th] February 2017. The charity’s registration number is 1171530. The charity does not have any offices or other premises; its public address is c/o The Royal Adelaide Hotel, Windsor, Berks SL4 2AG
The names of all those who served as the charity’s trustees during the period and subsequently are given below (in alphabetical order), with the start and end dates of the term of office of each given, where relevant:
|**_Name_**|**_Start_**|**_End_**|
|---|---|---|
|Mrs Elaine Booth|08.02.17||
|Mr Martyn Booth|08.02.17||
|Mrs Sandra Johnson|08.02.17||
## **Structure, governance and management**
Booth Charitable Foundation has 3 trustees who work together on the decision making process for which charities should benefit from donations.
Since registration on 8[th] February 2017 grant requests have been received by email, post or have been locally selected by the trustees.
On receipt of all grant or funding requests all 3 trustees consider if the request falls within the scope of the charity (see objectives below). The amount of grant awarded is at the discretion and agreement of the trustees.
**1 |** P a g e
All income will be received by way of personal donations from Elaine & Martyn Booth (trustees) plus any payments received via Gift Aid.
## **Objectives and activities**
The objects of the CIO are:
- The relief of those in need because of youth, age, ill-health, disability, financial hardship or other disadvantage in particular, but not exclusively in the Cotswolds and surrounding areas.
- The advancement of the arts, culture and heritage for the benefit of the public, but not exclusively, in the Cotswolds and surrounding areas.
- The advancement of health for the benefit of the public, but not exclusively in the Cotswolds and surrounding areas.
- The advancement of such other exclusively charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular, but not exclusively in the Cotswolds and surrounding areas.
## **What**
- general charitable purposes
- the advancement of health or saving of lives
- disability
- arts / culture / heritage / science
## **Who**
- children / young people
- elderly / old people
- people with disabilities
- other charities or voluntary bodies
- the general public / mankind
## **How**
- makes grants to organisations
## **Performance**
During the period, there were 2 grants awarded. These grants were associated with an ambitious local project in Winchcombe called Isbourne Arts.
Isbourne Arts (formerly known as Winchcombe Arts Community Hub) is located in the former Methodist church in the centre of Winchcombe. It is being transformed into a vibrant multi-purpose venue for a wide and diverse range of performing art activities and creative workshops for the local community.
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## **Initial Seed Capital £5,001**
In order to kick the project off the charity required funds to instruct a professional fundraiser and an architectural consultant specialising in performance space who provided the initial concept scheme for fitting out the Church as a performance venue which we directly funded.
In addition, there were significant costs involved in the bid and purchase process to which we contributed. In total we made an initial donation of £5,001.
## **Donation towards purchase of the building £15,000**
The Booth Foundation provided these funds on the understanding that if the bid were unsuccessful, they would be returned. The purchase price was in excess of £300,000 and was raised with a mixture of donations from local residents and grants.
## **Outlook for 2024**
One of the main aims is to support local organisations and the trustees will continue to review all requests for donations accordingly.
## **Financial review**
The charity had no assets or known liabilities at the period end.
During 2023 the charity spent £20,001 on 2 grant awards as listed previously. The charity incurred bank charges of £482 during the period, there were no other expenses. No further income or expenditure was made during 2023.
No funds were or are held as a custodian on behalf of others.
## **Public benefit statement**
The trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
**Martyn Booth Trustee**
**Elaine Booth Trustee**
**Sandra Johnson Trustee**
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**----- Start of picture text -----**
Booth Charitable Foundation 1171530
Receipts and payments accounts CC16a
For the period 01-Jan-23 31-Dec-23
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
22,501 - - 22,501 5,000
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 22,501 5,000
AR) [ 22,501 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 22,501 - - 22,501 5,000
A3 Payments
Donations 20,001 - - 20,001 5,000
Bank Charges 482 - - 482 361
It costs 114
- - - - -
- - - - -
Sub total [ 20,483 ] - - 20,483 5,475
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments [ 20,483 ] - - 20,483 5,475
Net of receipts/(payments) 2,018 - - 2,018 - 475
A5 Transfers between funds - - - - -
A6 Cash funds last year end 36 - - 36 511
Cash funds this year end 2,054 - - 2,054 36
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Cash in bank
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**2,054**
**-**
**-**
**-**
**-**
**-**
**2,054**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Martyn Booth
Elaine Booth|**Endowment**
**funds**
**to nearest £**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
07-Oct-24
07-Oct-24|