REGISTERED COMPANY NUMBER: 10238641 (England and W*T•81 REGISTERED CHARITY NUMBER: 1172152 R•port ol th• Tru•t••8 and Flnancknl 3tstem•nts forth• Ymr Endod 30 Jun• 2022 for Th• Frn•lw4at•r Found•tloTr Parker Ca¥endish Chgrt8r8d Accountsnt8 28 Church Ro&J Stanmor Middlesex HA7 4XR Thg Fr••hw4tsr Foundatlon Contynt• ofth• Fln•n¢l•l Stst•m•nt• for th• Ymr Endod 30 Jun• 2022 P•9• R•port of th• Tnwt• 1 to 2 Ind•p•nd•nt Ex•mln•rf¥ R•port stst•rn•nt of Flnanclal Actlvltl•s Bolane• Shoot Mot•• to th• FIMncl•l St*t•m•nl* 8 to 8 D•t•llod 8tst•m•nt ol Fln•n¢lil A¢llvttl•• Th? Fr•8hwatsr Foundatlon Roport olth• Tru•t• for th• Y•ar End•d 30 June 2022 The tru3tee8 who are also dlrector¥ of th& chanty for the purp088s ol the Companies Act 20(￿, pregent their report with thé financial statements ol the charity for Ihg year ended 30 June 2022. The trustees hav• adopted the provisions pf Accounting and Reporb"ng by Charitias.. Statement of Recommended Practic& awicable to charit185 preparing their accounts in accordancg with tho Finanrial Reporting Standard applicab￿ in tha UK aThJ Ropublic of IrdaThJ IFRS 1021 18ffadv8 1 January 20191. OBJECTIVES AND ACTNITIES Obl•ctlvu and olm• The charity aims to support sm811 l¢¢•l %￿Untary and cornmunty groups in Ealing and Hounslow in a rarog ofways.. t￿ prowBion ol fijnds. wJw¢o and support on a range of management and gowrnanca issu&s, holping local ￿Ople start up small 9rouw, helping to increase coordinatlon tthgn local group$, research into I￿4$ of intsrtrst to the vtsluntsry and community sector. and to smooth a￿$$ for local groups lo l¢)cal gov8mm8nt, business, rolevant nationvAde organisats'ons and any body •1so might be abl8 to assist them.. Publi¢ ￿nefF1 Wa hav8 r&far￿j to the guldance contained In the Charity Comrnl$8ion'8 gen$ral guidanc* on public benefft when ravi￿r￿￿ our 8im3 and obJ'ecti¥8s and In planning our ftrture ￿l¥￿i.e8. in Partuilar, the trustee8 consider how plannod ¥ctivities will contribute to tha alms and objo¢1ives they have set. ACHIEVEMENT AND PERFORIAANCE Ch•th•bl• actFvltl•s 'Ml round. Thtt Fr8shwater FoundgtKJn had 8 tswy good Y￿r, ¥￿th sound land 80m&lime8 8vJnificanll WC9r￿ in all 8W8. In our grant mthing o¢tiMlle8, We staged a complete recovery from th8 provious yaar whan tha pand8mic was at its h8ight. incwasing the nurnber of rnain round grants mada from 9 10 21 lour highegl totsl &￿rI, 8n(I wa rg¢wtigd 8 &ff8CtNe new grants manager, Polty Foby. What w85 especialty pleasing was that we 8r# now reaching swnificantty highèr nurnber of 9rowJs from thè mora marginal arg08 of our borowJhs' 50% 01 our grants mv•Je to such groups, up Irom around 2Wo whan wa first startad. Outr8ach to n8w $18rt-ups laTha tho asBocrated Smal Grants). ono of th9 rn￿n alm8 of th9 y99r and 4 klrKJpln lo 0￿ra11 str8tegy, had 8 slow sts¢ but pic*ed up Significant￿ during tha IAltèr psrt of thè y88r {8nd has slncè ènjoyed n•ar4xplosive growth, wth 28 grow)s eurrendy bging helF*d tg up and grwil. rn?ans that our support and advie8 actlvitios have grown in prcyortion aThJ ncth fom)s a m8ior part of our op8ration8, and wo are activdy rocruth volunteer to help with thè Inerèas¢(I workload. Our trainiw ath"MIOès LqrgÈty involved developing matarials. aThl ￿ ha￿ now preAJue&d a wary w•lk8c*lwd Smo11 Start-up Guida for small groups. covering every asFeCt of crèats.ng Such groups and sa&ing tham through thoir 0orty 8t8ge$. As 8 prelude to runniro g lull face-to-fgca Irainlng and nèhvorking sè88ion b88ed on tho guide. wtr ran an online sè$$ion in collaboration wfth Noar N8ighbour8 Ilhe Church of England social outreach arml which proved to be very popular Wrfith participants, have sincè actU8lly run the fvll swdsion. which was a great success. wth 20 local grouwJ and the local MP atténding. We have not yet started to promote our Stratggic Managemont and Impact Ass•ssm¢nt approaches laimgd ¥t more mature ¢harrtieBI, but they hav& now t*&n lully d￿lOp9d aThJ ￿ will b& aiming to $UFWrt relevant groups in these areas and hoth"ThJ gV8nts based Around thèm in thé nÉ8r frjturè. Progre85 in all these area5 has ￿en very much prcmotsd by the in¢re88ed numtér Of partnerships have been ontering into wth p8er vduntsry ¥nd comrnunity groups, local councAls, umbrelki groups and a range of other organisations. Wè're also •ngagiryJ rnore deepty wth all our former appllcants, not only in supporting their managerial developrnent, alao in the formation of a mutual assistanc& ènd coor(Iln8tion group bèkn￿n thèm (now sèt upl. Our most $urn$lul engagem8nt acuvty howgvgr has begn w4th oxtsmal funders. Unprompted by us, wtr re¢¢ived plgdges for donation$ totaling £63.000, on¢ 8 priv8to don¢r and the otsr from the City Bridge TruBt. London's largest funder. Our Aim in th• comir@ year wll be lo build on the progress made this y*8r and to $tsrt to •v8luat• our acti￿￿9$ in all th888 org0$ $0 that we can lrnprove our performanca, buikl roprodutyblg model8 allowing for easy 8¢alin9 up into other 8re88 of London, and to swport c4Jr bids to a gr•at8r range of funders., NANCIAL REVIEW Flnon¢lal pooltlon The ststemènt of financial actiw*'e8 shows lotal incom8 £30.781 12021.. £20,(MJ51 and total &xpanditur• of £38,085 (2021. £12,132} PrIncI￿1 fundlny •our¢•• Income included donations of £30.781 (2021.. £20,1￿)5) ol which £28,500 12020.. £20,000) was donated by Mr M Robbins. Th• Fr•TslMatsr Foundatlon Report tsf the Trugt•e8 lor th• Y•ar Ended 30 Jun• 2022 FINANCIAL REVIEW R¢¥grvg• poll¢y The trustees carry out an Annual review of the chariV$ r•8¢Nes polSty In Its 119ht of known rf$ks and fubjre plan8 to ty and Ma￿MIs8 th• fiJnd$ it ran 9gnor* itsglffrom re¥erv￿. STRUCTURE, GOVERNANCE AND MANAGEMEKr Govemlng do¢um•nt The charity IB controlled by its goveming document. 8 da8d of tru$( aThJ cLYtsthutg$ 0 limit•J cc*mp8ny, Ilmrtod by guarantee, as defined by the compani￿ Ad 20Cfj. R•crultmert and •ppolb)tm•rt ofn•wtru•ts The trusteas norned below have served throughwl the year or as Irom date ofappoinbnent or up to date of resvJnats'on. Appointment of trustees is govemed by the Trust Deed of the charlty. The Board of TfUSte8s Is authoris8d to appoint new trustees to ffill Vacanc￿ 8rtsiNJ through r8sKJnation or d88th of8n oxisting tru$ts*. Induthlon •nd tr•lnlng of n•w InMts•• Tho ¢h&'r of trusts¢$ i¥ responsible for the Indudon of any new trustee whith involve5 awareness of trusts8'8 1e8p0n8ibll￿èS, the goveming document, administrth.ve pr￿dUles, the history and approach of the th8rity. REFERENCE AND ADMINISTRATIVE DETAILS R•gl•tsr•d Cofflpany numb•r 10238641 IErol8nd and Wales} Rogl8t•r•d Chartty numbor 1172152 RgglBt•r•d offlc• 14b Fre$hwatsr Court Lady Margaret Road Southall Middlesex UB1 2NY Trustse• M CAsÈrtAno Cl￿1 Servant Mr8 J M Hunt Web Dev81oper M Robbin8 C H Sims Director lappointed 2.4.221 Company S•cr•tary M Rotoing Indo￿nd•n1 Exarnln•r Park8r Cavendish Chartared Aecountsnts 28 Church Road Stsnmore Middlesex HA7 4XR 3014123 pprov8d by ord•r of the board of trustees on...................................... . and signed on its behalf by.. M Robi)Ins- Trustee Ind•p•nd•nt Examlnerfs R•port to th• Tru¥teg• 01 The Fre$hwat•r Foundatlon IndeP•nd￿l •x•minorf• roportto th• tru8t••• of Tho Fre•hwater Found•tlon Ilh• Coffipan￿l I report lo the chanty trustges on my gxamination ofthe 8ccounts ol the Company foc thè year èrwjod 30 Jun& 2022. RMpon•lblIlU￿ and ba•1• of r•port A5 the ch8riWs trusts¢$ ol the Compary land also dli•ctrys for the purposes ofcompany la￿ you are responsi￿? for the pr8paration ofthe 8¢counts in accordance ￿th th9 roquirsments ol tèw Companies Act 2006 Cthe 20C6 Acf l. Ha￿￿j $8ti$fied rnyse￿ that th8 accounts of the Cornpany are not requlred to b8 oudlted undgr Part 16 of thg 2006 Act ond are eligibl8 for indèpandenl examinats'on, I report in respect of my &x8minalion of your ¢h8riVs 8¢counts a8 ¢arri&J out under Sectson 145 of the Chants'es Aci 2011 I￿& 2011 Act'l. In ¢arrwng out my exarninalvJn I have ftjlrywed the Dir8CtKJns gI￿n by the Charity Commts$lon undgr Sectlm 145151 {bl of the 2011 ACL Indopond•nt •xamln¥rf• 8tatgffl•nt I have caThpleted my 8xamin8tion. l ￿nfirn that no matters ha￿ come to my attanti￿ in ¢onn•¢tTr)n vthh the oxamination giv¥w m• ¢auBg to believe: attounllng records w8ra not k8Pt in r$8po¢1 ofthe Cornpany as required by Section 386 01 the 20C6 Ac( or the 8c¢ounts do not Accord tho89 records,. or thè accounts do not eompty wth the accounting raquimm8nts of S8don 396 of tho 2006 A¢t oth¥r than any uirement th81 the arxounts give a truo and falr vlgw vthi¢h 1$ not a matter conBidBre(1 88 part of an independent exarnination., or lh8 a¢¢ounts have not be8n propared in a¢¢ordance wth the methods and prinOes of the Statemant of Re¢omrnended Practice fof ac¢ountiTrJ and Teporb'ng by charrties {8pplicable to charrt￿ praparing their 8¢¢ounts tn accthan¢• with thg Financial Roporting Standard gppli¢obb In thg UK gn¢J Republic of Ir01and IFRS 10211. I havo r¥J eoncpm8 and have comg g¢ro8$ no other mattern in connection w+th the examination to whith attontion 8hould ba drawn in thi8 report in orderto on8￿$ a proper understsnding of the accounts to be reachod. RAYMOND RUBENSTEIN Parker Cmndi$h Chartered Accountants 28 Churth Ro*J Stanmole Middlesex HA7 4XR Dab.. Tho Frn•lMt4tsr Found•tlon Statemgnt of Flnanclal Actfvitle¥ forthe Ye#r Endgd 30 Jung 2022 2022 Unre•trlct•d fund 2021 Total bjndg Notes INCOME AND ENDOWMENTS FROM Donatrons and legacies 30.7BD 20,005 CMrftabl• aetlvHI•• Don8Uons Pald 139.605) 19,4801 In¥e81rnent incune Totsl {8,904) 10.545 EXPENDITURE ON Charltalil• actlvttt•• DonAth'o￿ Pald 52 Totsl 951 NET INCOMEIIEXPENDrruRE) 110.388) 9.594 RECONCILIATlOt4 OF FUNDS Total lund$ brought forward 13.481 3,887 TOTAL FUNDS CARRIED FORWARD 3.098. 13.481 Th& notes fom part oftr*8e fin8nc4al statements Th• Frn8hw•t•r Foundatlon 8alanc• Sheet ao Jun• 2022 2022 Unrnstrlct•d lund 2021 Tot81 hJnd8 CURRENT A88ETS 8sh al bank 4173 13,481 ¢REorroRS Amounts fglling %thin ¢fie year 11.0801 NET CURRENT ASSETS 3,093 13.481 TOTAL ASSETS LESS CURRENT UABIUTIES 3,093 13,481 NET ASSETS 3,093 13,481 FUNDS Unrestn'ctsd lund8 3,093 13,481 TOTAL FUND8 3.093 13,481 Th6 charitablo cc4npany 18 enllued to exemption from audlt L￿der Seclon 477 of the Companles Aet 2008 for the yaar •nd8d 30 Junè 2022. The memberB have not requirld the ¢tynp8ny to obt8in an audit of its finBnck91 ststements for the year end8d 30 June 2022 in accordan¢• wlh Section 476 01 the Companles Act20C6. Th& truste89 8cknowf¢($3e their responsibil￿08 for onsurirg that the charIts￿• company kè8Pg 8¢¢OUrttinq r¢cords that ¢ompty with So¢bor* 386 4Th1387 of the Companies Act 2006 8ThJ preparing finanaal stat&Mants vthi¢h givo ¥ truo and fair view of th& 8t4te of affairs Of Ihtr ¢h8ritablg ¢ornpany as at the end of each financial year and of its surplus or deficil for each fin8ncAal year in Accordan￿ VAth the requiramènts ol s8cb.ons 394 and 395 and whKh oth8rws8 comply wth tho r8quir8m8nts of th8 Companlas Act 20Cfj relatin9 to flnancAal statomants. so 18r as applicable to the ¢horit*Jlo CTr￿p￿y. Ibl These financial statsments havo been pop•r¢d in accordanca Ihe provbi¢Jns aFpllcable lo charitable companBs subject to the small companvay regime. The flnanci81 8tstements V+prg approved by t1￿ Boord of TN$ts9$ and oulhorbod lor 188U¢ . and wera signad on its b8h8Wby'. M R¢ibbins- Trustee Th$ notes forn part of these finandal statements Th• Fr••hwater Foundatlon Not•• to th• Flnanclal Stat•m•nts for th• Y•4r End•d 30 Jun• 2022 ACCOUNTING POUCIES Ba•1• of prep•rtng th• flnanclal st*trm•nts Tha financi81 $tatsments of the charitsble company, is a pL*ll￿ benefit entity under FRS 102, have bo8n prepared in accordance wth the Charities SORP IFRS 1021 'Accounting and Reporting by CharIt￿s.. Statemènt of Re¢ommended Practs'ce applicable to charitses pr8paring their 8ccL)unts in accordance with the Finanual Reportlng Standard applicabb In the UK 8nd Rèpublie of Ireland IFRS 1021 leffgrtlva 1 January 20191,, Financ4al Reporting Standard 102 Yha Financial Rèporting Standard applicab￿ in tha UK and R•put4ic of Ireland, pnd Ihe Companie¥ knt 2006. The finanrial staternents ha￿ been prepared under the historical cost convention. Incom• l income is r•cognlsed rn th• Stat•m•nt of Fin8n¢ial A¢b"Vil￿8 w th• charity has ontldemant to lh• funds, it is probab￿ that th• In¢tyn& wll be roc¢ived 8nd the amount can bg me88Urtd rel￿bly. Exp•ndltur• Liabilities aro r8cognis8d as eX￿ndIture as soon os thar8 is a lagal or constructiv& obligation commitbng th• charity to Ihat e)p6ThJituro, it is prc*Jablg that a transf8r of aconomic b8n8fits *ill b8 required in sett16rn8nt and thè amount of thè obli98ti￿ can bÈ m¢8svffjd rèliably. Ewnditurè 1$ accountsd lor on gn accruals basis and has been ¢la$$ifi¢d under hoadinos that •ogrgg$te all Cost relatsd to th& ¢atsgory. WTh¢re wsts Cannot bè dlredly 8ttribuled to P8rtKular headings they have teen allocated to actiwtses on a ba$1$ consi8tsnt w¢th the use Of resourc•B. T•x•tlgn The chorlty Is ex•mpt from ¢orpor8fjon tax on its c*arftabb act￿1￿8. Fund accountlnq Unrestricted funds can bo usod in accordance with tho charliable Ob￿Cti￿S at th8 discretion ol the tru8188s. Re8trded funds can onty b8 used for particular rnstrict•d purpos•s wtrthin tho 0fy'8cts ofthe charity. Restrictions arise wh8n gpgc4fled Liythe ¢JMor or fithds are rai8¢d for pa￿6￿19¢ purposes. Furthgf wlanation oflho nature and pU￿Ose ol fvnd is induded in Ihg nots$ to tho financial $tst¢m¢nts. INVESTMENT INCOME 2022 2021 Depo8(t account intor8st TRUSTEES. REMUNERATION AND 8ENEFtTS Ther8 were no trustees. remunero1Son or ¢)thgr b•naffits for th9 yoor ¥Thaed 30 June 2022 nor for the year ende TOTAL FUMDS {8,9041 {10.388) Comparntlv•• for rnovwngnt In fvnd• movement In fund At 30.6.21 At 1.7.20 Unr••trf¢t•d fund• General fijnd 3,887 9,594 13,481 TOTAL FUND3 3.887 13,481 cAintInu￿... Th• Fmhw•l•r Ftsund*tion Note• to the Flnanclal Stst•m•nts- contlnu•d for th• Y￿r End•d 30 Jun• 2022 10vEME￿r IN FUNDS- ¢gntlnu•d CompafatiNe net movement in funds, included in the abo%t are as folhm.. Incoming sources Resourc88 eypended Movement in lunds Unr••trl¢tod lund• General ffijnd 10,545 19511 TOTAL FUNDS 10,545 19511 A current year 12 monthB and prlor ygar 12 monlh$ combined p)sidon Is as followB.' movement in fund$ At 30.6.22 Al 1.7.20 Unmtrlct•d fund• G8naral fund 3,887 1794} TOTAL FUNDS 3,887 (7941 3.093 A ¢Ur￿n1 yoar 12 monih& and prior year 12 months nel movem&nl in fvnds. included In the above arg 88 follows.. Incryning resource8 Rosourcès Movèmènt in fund$ Unrn•trfct•d fundg Ggner81 fund 1.641 12,4351 17941 TOTAL FUNDS 1,641 12.435) 17941 RELATED PARTY DISCLOSURES Mr M Robbins mad8 donations in the year of £28,SCQ. Th• Fr•8hwat•r Foundatlon D•t4ll•d 8tsternent of Flnan¢lal Aetivttl•• for th• Y￿r Endod 30 Jun• 2022 2022 2021 INCOME AND ENDOWMENTS Oonatlon• •nd109•¢108 Donation8 30.780 20.CQS In¥￿tr￿nt Incorn• DOPOBit account intsrest Charltabl• *¢tfviti Grants 139.6851 19.4601 Tolal Incomlng r••our¢o• 18,904) 10.545 EXPENtXTURE Support cMts M4nayrnont Insuran¢& Postaga and Static￿ery A¢¢ountsney Fees Bank CharyJos c￿uter ExF•n$o8 634 42 1,080 78 197 212 951 Total resources oxp8nd&J 951 M•t 1•x￿ndI￿￿￿1nCorn• 110.3881 9,594 Thi$ page doe& not fonn part ofthe statutory flngn¢491 stat•m¥nts