
## **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** 


**----- Start of picture text -----**<br>
Dates acted if not for whole  Name of person (or body) entitled<br>Trustee name  Office (if any)<br>year to appoint trustee (if any)<br>1 OLIVER BRYANT<br>JAMES<br>2 ALEXANDER<br>LITTLEJOHN<br>DAPHNE  DAPHNE CAROLINE<br>3 CAROLINE  EDWARDS<br>EDWARDS<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20<br>**----- End of picture text -----**<br>


March **2012** 

**TAR** 

1 



**Names of the trustees for the charity, if any, (for example, any custodian trustees)** 


**----- Start of picture text -----**<br>
Name Dates acted if not for whole year<br>None<br>**----- End of picture text -----**<br>


## **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 

- (eg. trust deed, constitution) 

How the charity is constituted 

Trust 

- (eg. trust, association, company) 

Appointed by DAPHNE CAROLINE EDWARDS Trustee selection methods 

- (eg. appointed by, elected by) 

## **Additional governance issues (Optional information)** 

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

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them. 

March **2012** 

**TAR** 

2 



## **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 

March **2012** 

**TAR** 

3 



**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. 

March **2012** 

**TAR** 

4 



**Additional details of objectives and activities (Optional information)** 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 


March **2012** 

**TAR** 

5 



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** 

March **2012** 

**TAR** 

6 



## **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** 

- Not applicable. 

## **Further financial review details (Optional information)** 

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

- the charity’s principal sources of funds (including any fundraising); 

- how expenditure has supported the key objectives of the charity; 

- investment policy and objectives including any ethical investment policy adopted. 

## **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 

March **2012** 

**TAR** 

7 




**----- Start of picture text -----**<br>
THE SEAN EDWARDS FOUNDATION 1173947<br>Receipts and payments accounts CC16a<br>For the period  Period start date Period end date<br>To<br>from 01-Jan-21 31-Dec-21<br>Section A Receipts and payments<br>Unrestricted  Restricted  Endowment<br>Total funds Last year<br>funds funds funds<br>to the nearest      £  to the nearest £ to the nearest £ to the nearest £ to the nearest £<br>A1 Receipts<br>Donations and legacies                     30,230                              -                                -                        30,230                      9,305<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>Sub total  (Gross income for<br>AR)  [                    30,230 ]                             -                                -                        30,230                      9,305<br>A2 Asset and investment sales,<br>(see table).<br>                              -                                -                                -                              -<br>                              -                                -                                -                              -                                -<br>Sub total                                -                                -                                -                              -                                -<br>Total receipts                30,230                           -                           -                      30,230                  9,305<br>A3 Payments<br>Advertising, marketing and professional                     30,230                              -                                -                        30,230                      9,305<br>Database development costs                             -                                -                                -                                -<br>Fundraising costs                             -                                -                                -<br>Incurred seeking donations                             -                                -                                -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>Sub total [                    30,230 ]                             -                                -                        30,230                      9,305<br>A4 Asset and investment<br>purchases, (see table)<br>                              -                                -                                -                              -<br>                              -                                -                                -                              -<br>Sub total [                              - ]                               -                                -                              -                                -<br>Total payments                 30,230                            -                            -                      30,230                   9,305<br>                          -                          -                            -                            -                          -<br>Net of receipts/(payments)<br>A5 Transfers between funds                           -                          -                           -                                -                          -<br>A6 Cash funds last year end                           -                         -                          -                           -                          -<br>                          -                          -                            -                           -                          -<br>Cash funds this year end<br>**----- End of picture text -----**<br>


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**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B1 Cash funds**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B5 Liabilities**<br>**B3 Investment assets**|Signature<br>None<br>**Details**<br>**Details**<br>None<br>Cash at bank<br>**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>None<br>**Details**<br>None|**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>OK<br>OK<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**liability relates**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>Print Name<br>Daphne Edwards|**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**|
||||**-**|
||||OK|
||||**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**When due**<br>**(optional)**<br>Date of<br>approval<br>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,: 

- the accounting records were not kept in accordance with section 130 of the Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did 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. 

**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** 

