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2021-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 01 01 2021 31 12 2021

From To

Section A Reference and administration details

Charity name THE SEAN EDWARDS FOUNDATION Other names charity is known by Registered charity number (if any) 1173947 Charity's principal address Regus 239 Kensington High Street LONDON Postcode W8 6SN

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 OLIVER BRYANT
JAMES
2 ALEXANDER
LITTLEJOHN
DAPHNE DAPHNE CAROLINE
3 CAROLINE EDWARDS
EDWARDS
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

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Name Dates acted if not for whole year
None
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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

Trust Deed

How the charity is constituted

Trust

Appointed by DAPHNE CAROLINE EDWARDS Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

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Section C Objectives and activities

FOR THE PUBLIC BENEFIT, THE ADVANCEMENT OF HEALTH AND SAVING OF LIVES BY: (1) PROMOTING THE SAFETY OF MEMBERS OF THE PUBLIC SPECTATING AT OR PARTICIPATING IN MOTOR SPORT OF ANY TYPE AT ANY AND ALL LEVELS OF DRIVER Summary of the objects of the EXPERIENCE OR QUALIFICATION (INCLUDING THOSE WITH NONE) charity set out in its IN PARTICULAR BUT NOT EXCLUSIVELY BY (A) PROMOTING governing document MOTOR SPORT SAFETY EDUCATION AND TESTING TO MEMBERS OF THE PUBLIC DRIVING AT PUBLIC RACING CIRCUITS THROUGHOUT THE WORLD AND (B) PROMOTING IMPROVED SAFETY STANDARDS FOR PUBLIC RACING CIRCUITS THROUGHOUT THE WORLD

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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 Sean Edwards Foundation has established SET (The Sean Edwards Test) for safety given to professional and amateur racing drivers prior to competing in order to access their understanding of the rules and regulations of a Championship. SET was introduced in 2015 and has been developed, adopted and mandated by many Championships around the world including British GT, Blancpain, International GT Challenge series, MSVR's LMP3 Cup and GT cup, BRDC F3 and more. SEf is committed to mandating this test and educational programs on a worldwide basis over the coming years. SEF is working on testing for all personal involved in Motorsport.

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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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Section D Achievements and performance The Sean Edwards Foundation has successfully developed an online Summary of the main platform for the delivery of safety education on a worldwide basis. achievements of the charity during the year

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Section E Financial review

Brief statement of the charity’s policy on reserves

The trustees regularly review the amount of reserves that are required to ensure that they are adequate to fulfil our continuing obligations. Such reviews are carried out on a quarterly basis.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

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) Daphne Edwards Position (eg Secretary, Chair, Trustee etc) Date 20/06/2023

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THE SEAN EDWARDS FOUNDATION 1173947
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01-Jan-21 31-Dec-21
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
Donations and legacies 30,230 - - 30,230 9,305
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 30,230 ] - - 30,230 9,305
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 30,230 - - 30,230 9,305
A3 Payments
Advertising, marketing and professional 30,230 - - 30,230 9,305
Database development costs - - - -
Fundraising costs - - -
Incurred seeking donations - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 30,230 ] - - 30,230 9,305
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 30,230 - - 30,230 9,305
- - - - -
Net of receipts/(payments)
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
- - - - -
Cash funds this year end
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CCXX R1 accounts (SS)

18/06/2023

1

Section B Statement of assets and liabilities at 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
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
None
Details
Details
None
Cash at bank
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
None
Details
None
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
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
Daphne Edwards
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
20/06/2023

CCXX R2 accounts (SS)

18/06/2023

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ THE SEAN EDWARDS FOUNDATION members of On accounts for the year 31 December 2021 Charity no 1173947 ended (if any) Set out on pages 1 to 2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021.

Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).

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

Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,:

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.

Date: 20/06/2023

Signed: Name: H Mahmood Relevant professional Chartered Institute of Management Accountants (CIMA) qualification(s) or body (if any): 76a Elsham Road Address: London

1

October 2018

IER

W14 8HH

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here details of any items that the examiner wishes to disclose .

None.

2

October 2018

IER