Charity reglstratlon number. 1174407 The Morris Foundation Annual Report and Flnanclal Statements for the Year Ended 31 December 2022 The Morrls Foundatlon Contents (contlnued) Reference and Administrative Detalls Trustees, Report 2to3 Statement of Trustees, Responsibllltles Independent Examlner's Report Sto6 Statement of Financlal Actlvlties Balance Sheet Notes to the Flnanclal Statements 9t015 The Morrls Foundation Reference and Adminlstratlve Detalls Chalrman Andrew Patrlck George Morrls TTUStees Andrew Patrick George Morris Patrlcia Anne Morris Charles Edward Wllliam Morrls Sophie Patrlcia Moli15 1174407 Charlty Reg15tratlon Number Pwlnclpal Offlte Lotus Cottage Farm Thrift Lanè Cudham Lane South Cudham Sevenoèks TN14 7NQ Independent Examlner Fleld Sulllvan ￿rnIted 9 Have & BSllet Road Blackheath SE3 OR8 Bankers Lloyds Bank PrSvate Banklng 21-23 Hlll Street London WIJ 5JW Page I The Mornls Foundatlon TYustees' Report The trustees present the annual report together with the flnanclal statements of the charlty lor the year ended 31 December 2022. Oblettlves gnd Actlvitles The prlnclpal actlvlty of the charity is to support local club5 and associations 3nd partlcularly to èsslst In the care of the elderlv. The objects ol the CIO are to advante for the benefit of the publi£ such charltable purposes laccordlng to the law of En8land and Wales) as the trustee see fit from tlme to time In partleular but not limlted to rellevlng flnanclal hardship, sl¢kne5s and poor health amongst elderly people. The trustees conflrm that they have complled wlth the duty sectlon 17 of the Charltles Act 2011 and referred to the guldance contained In the Charity Commission's general guldance on publlc benefit when revSewiDg the charlty's aims and objectives and In planning future activities, Achlevements and Performan Ahhough established as a charSty In 2018 there ha5 been no actlvity In making grants to worthy causes for the period covered. There ha5 been Ilttle activlty wlthln the Foundatlon durlng the year given the lack of income due to the lack of profit from the archltectural practlce. It wa5 theiefore declded not to make any awards thls y@ar preventlng the Foundatlon's fund5 from belng depleted. Et Is hoped that 2023 wlll see a return to profit and allow the charity to continue its work. Flnanclal Revlew At the balance sheet date the charlty had net assets totalllng £304,76412021.. £310.5861. Reserve5 were held to award local as50clation% and charltles who work In the designated areas of concern. The trusteE5 have no concerns In relatlon to the charlty contlnulng. Stiucture, Governance and ManzBement The Morrls Foundatlon Is a charltable Incorporated organisatlon governed by it5 trust deed. It 15 regsltered as a charitywlth the Charlty Comm1$51on, charlty number 1174407. All trustees elected are famlly members and both AndrÈw and PatrScla MoTfi5 ale entltled to appolnt trustees. Pa8e 2 The Morrls Foundatlon Trustees, Report (continued) Trustees and officers The trustees and officer5 sèrvlng durlng the year and since the year end were as lollows-. Trustees: Andrew Patrick George Morrls Patrlcla Anne Morris Chartes Edward William Morrls Sophle Patrlcla Morr15 Chalrman.. Andrew Patrick George Morris Page 3 The Morris Foundatlon Statement of Trustees, Responslbllltles The trustees are responslble for prepaTlng the trustees, report and the flnanclal Statements In accordance wlth the Unlted Klngdom Accountlng Standafds Iunlted Kln8dom Generally Accepted Accountin8 Prartlcel and appllcable law and regulations. The law appllcable to charitles requSres the tru5tee5 to prepare financlal statements for each flnancial year whlch give a true and falr vlew of the state of affalrs of the charity and of the incomlng resources and appllcatlon of resources of the charlty forthat perlod. In preparln8 these Ilnancial statemerbts, the trustee5 are required to.. select sultable accountlng policles and then apply them consistently; observe the methods and prlncipleg In the Charities SORP; make judgement5 and estlmates that are reasonable and prudent,. state whether appllcable accounting standards have been followed, subject to any mateilal departure5 dlsclosed and explalned in the linancial statements; and prepare the financial Statements on the 8olng concern basls unless It Is Inappropriate to presume that the Charity wlll continue In buslness. The trustees are responsible lor keeping proper accountln8 record5 that disclose wTrth reasonable accuracy at any time the financial posltion of the charity and enable them to ensure that the financlal statement5 comply with the Charlties Act 2011, the Charitie5 (Accounts and Reports) Regulations 2008. and the provislon5 of the constitution. The trustees are also re5pons5ble for safeguardlng the assets of the tharlty and hence for taklnz reasonable steps for the preventlon and detection of ffaud and other irregularlties. The trustees are responsible for the maintenance and integrlty of the corporate and flnanclal Information Included on the ch rilable company's web55te. Legbslation governing the preparatlon and dlssemlnatlon of flnantlal Statemènt may differ from leglslatlon in other lurlsdlctions. eann as approved by the trustees of the charity on 13 October 2023 and signÈd on its behalf by: orge Morrls trustee Chalrman a Page 4 The Morrls Foundatlon Independent ExamSner's Report to the trustees of The Moyrls Foundatlon I report to thè Cha￿tY trustees on my examlnatlon of the accounts of the charlty for the year ended 31 December 2022 which comprlse the Statement of Flnancial Actlvltfjes, the Balance Sheet and related note5. This report Is made solely to the char[t￿$ trustees, as a body, In accordance with 5ectlon 145 of the Charltles Act 2011. My work has been undertaken 50 that I mlBht state to the charlty's trustees those rnatters l am requlred to state to thern In this report and for no other purpose. To the fullest extent permltted by law, I do not accept or assumt responsibilily to anyone other than the charlty and the chaTltVs trustees as a body, for my WOTL for th15 report, or for the oplnlons I have formed. Responsibllltles and b891s olreport A5 the charlty trustees of The Morrls Foundatlon you are responsible for the preparatlon of the accounts In accordance wlth the requirements of th¢ Charltles Acl 20111'the ACVI. I report in respert of my examlnatlon of the The Morrls Foundation'5 3¢counts carrSed out under sèctlon 145 of the 2011 Act and In carryln8 out my Èxamlnatlon I have followed all the applScable Directions glven by the Chartty Commlsslon under section 14515llbl of the Art. An independent examlnation does not InvoSve gatherlng all the evldence that would be required in an audit and consequently doe5 not cover all the matter5 that an audltor conslders In glvlnB thelr oplnlon on the flnanclal statements. The plannlng and conduct of an audlt goes beyond the Ilmited assurance that an Independent examlnation can provldè. Consequently l express no oplnion as to whether the financlal statements present a 'true and falrf vlew and my report is limlted to those specific matters set Out In the independent examlnees statement. Independent examlnerfs statemènt I have completed my examlnatlon. I conflrm that no materlal matters have come to my attention in connection with the examlnatlon glvlng me cause to believe that In any material respect.. l. accountlng records were not kept In respect of The Morrls Foundation as requlred by section 130 of the A¢t.' or 2. the financlal statements do not accord wlth those recoTds,' or 3. the financial statements do not comply wlth the accountlng requlrements COn￿rnIng the form and content of accounts set out in the Charitles (Accounts and Report51 Regulatlons 2008 other than atty requlrement that the accounts give 3 'true and fair view, which Is not a matter considered as part of an Independent examlnatlon. I have no con￿rn$ and have come aeross no other matters In connectlon wlth the examlnatlon to whlch attenllon should be drawn in thi5 report In order to enable a proper understanding of thè accountsto be reached. Pa8e 5 The Morrls Foundatlon Independent Examlner's Report to the trustees of The Morrls Foundatlon (continued) TIM Sulllvan FCA Fjeld SullSvan Llmlted 9 Hare & Blllet Road 8laekheath SE3 OR8 Page 6 I The Morrls Foundatlon {Registratlon number: 11744071 Balance Sheet as at 31 December 2022 2022 2021 Note Currentassets Debtors Cash at bank and In hand 22,999 283.524 22,999 289,953 306,523 312.952 Credltors: Amount5 falllng due wlthln onè yèar io 11,7591 12.3661 Net assets 304,764 310,S86 Funds ofthe Charfty: Unrestrlcted 5ncome funds Unrestrtcted funds 304,764 310,586 Total fund li 304,764 310.586 tatements on pages 7 to IS were approved by the trustees, and author15ed for Issue on 13 October on their behalf bv.. 2023 a George Morrls trustee Chalrman a The notes on pages 9 to IS form an Integral part of these flnanclal statements. Page 8 The Morrls Foundatlon Notes to the Flnanclal Statements for the Year Ended 31 December 2022 I Charltv Status The charity is domiciled In England and Wales. The address of its re8lstered offlce15'. Lotlls Cottage Farm Thrlft Lat)e Cudham Lane South TN14 7NQ These financial statements were authorlsed for Issue by the trustees on 13 October 2023. 2 Accountlng polldes Statement of compllance The financlal statements have been piepared in accordance with Accountlng and Reporting by Charities.. Staternent of Recommended Practice appllcable to charities preparing iheir accounts In accordance wlth the Flnanclal Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffective I lanuary 20191 (Charitles SORP IFRS 1021 Second edltlon October 20191, the Financlal Reportlne Standard appllcable In the UK and Republlc of Ireland IFRS 1021. They also comply wlth the Companles Att 2006 and Charltles Act 2011. Basls of preparètlon The Morrls Foundatlon meets the definltlon of a publlc beneflt entity under FRS 102. The accounts lflnanclal statements) have been prepared under the hlstorical cost conventlon wlth Items recogn15ed at cost or transaction value unless Qtherw15e stated In the relevant notelsl to these accounts. Gulng concern The trustee5 consider that the￿ are no materlal uncertainties about the charity's ablllty to continue zs a goin8 con￿rn. Judgements and key sources of estlmatlon uncertalnty In the applicatlon of the charity's accountlng pollcles, the trustees are Teovlred to make judgements, estlmate5 and a5SUmPtions about the carrying amount of assets and Ilabllltles that are not readlly apparent ffom other sources. The estimates and assoclated assumptlons are based on hi5torlcal experlence and other factors that are consldered to be ielevant. Actual results may differ from these estSmates. The estlmates and underlylng assumptlons are Tevlewed on an ongolng basls, Revislons to accountlng e5tlmates are recognised in the perlod5 in whlch the estimate is revised where revislons affects only that period, or In the period of the revision and future perlods where the revision5 affect5 both current and future periods. Page 9 The Morrls Foundatlon Notes to the Flnanclal Statements for the Year Ended 31 December 2022 (continued) Income and endowments Investment Income Dlvidends are recognlsed once the dlvldend has been declared and notlflcation has been recelved ol the divldend due. Empèrtdlture All expenditure is recognlsed once there Is a legal or constructive oblSgation to that expenditure, It is probable settlement Is required and the amount can be measured reliably. All costs are allocatEd to the applicable expendlture headlng that aggiegate Similar costs to that cate80ry. Where costs cannot be dlrectly attributed to particular headings they have been allocated on a basis consistent wlth the use of rÈstsurces, w5th central staff costs allocated on the basis ot tirne spent, and depreciation charges allocated on the portlon of the 35seVs Use. Other support costs are allocated based on the spread of staff costs. Churllable octlvltles Charitable expenditure comprlses those cost5 iTicurred by the charlty In the delivery of its actlvltles and services foT its beneficiaries. It includes both costs that can be allocated directly to such actlvltles and those costs of an Indlrect nature necessary to support them. Grnnt provlslons Provlslons for grants are made when the Intention to make a grant has been communlcated to the reclplént but there is untertalnty about either the tlming of the grant or the amount of grant payable, Governance costs These include the costs attributable to the charltvs compllance wSth constltvtlonal and statutory requlrements, includlng audSt. strateBlc management and trustees meetlnes and reimbursed expenses. Tamatlon The charlty Is consldered to pass the test5 set out In Paragraph I Schedule 6 of the Flnance Act 2010 and therefore It meets the definition of a £haiStable company for UK corporation tax purposes. Accordingly, the charity Is potentially exempt from taxation in respect of Income or capital gains received within categorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxatlon of Chargeable Galns Act 1992, to the extent that Such income or gaSns are applied exclu51vety to charltable purpose5. Page 10 The Morris Foundatlon Notes to the Flnancial Statements for the Year Ended 31 December 2022 Icontinuedl Trade debtors Trade debtors are amounts due from cvstomers for merchandise sold or 5eryices performed in the ordinary course of busFness. Trade debtors aTe recognised Initially at the transaction price. They are subsequently measured at amortised cost using the elfectlve Interest method, less provlslon for impalrment. A provlslon lor the impalrment of tradè debtors Is established when there >s objective evidence that the charity wlll not be able to collect all amounts due accordlng to the ori8lnal terms of the recelvables. Cash and cash equl¥alont5 ash and tash equivalents comprlse cash on hand and call deposlts, and othei short-term hlghly Ilquid Investments that are readlly convertible to a known amount of cash and are subject to an InslgnlfScant rlsk of change In value. Trade ¢redltors Trade creditors are obll8ations to pay forgoods or seryices that have been acqulred In the ordinary course of bu5ines5 from suppliers. Accounts payable are classified as current Ilabilitie5 if the charity does not have an unconditiollèl right, al the end of the reporting period, to defer Settlement of the credltor for at least twelve months after the reportin8 date. If there is an unconditlonal rlght to defer settlement for èl least twelve month5 after the reportlng date, they arè presenied 35 non-current Ilabilltie5. Trade creditors are recogn15ed Initially at the transactlon prlce and subsequently measured at amortlsed cost uslng the effectlve Interest method. Fund structure Unrestrlcted income funds are general funds that are available for usè at the trustees discretion in furtherance of the objectives of the charlty. 3 Investment Intome Unre5tTirted fund5 General Totsl 2022 Total 2021 Interest recelvable and slmllar Income,. Interest recelvable 0￿ bank dep051t5 1,095 1,095 147 PaBe 11 The Morrls Foundation Notes to the Financial Statements for the Year Ended 31 December 2022 (contlnued) 4 Expendlture on charltatsle actlvltles Total 2022 Total 2021 Note Grant fundln8 of actlvltles Support Costs 5,917 5,432 6,917 5,432 5 Analysls of support costs Support tosts Total 2022 Total 2021 Telephone and fa Independent examination 5,191 726 4,754 678 5,917 5,432 Page 12 The Morrls Foundatlon Notes to the Flnanclal Statements for the Year Ended 31 December 2022 (continued) 6 Trustees remuneratlon and expenses No tfustee5, nor any persons connected wSth them, have recelved any remtsneratlon from the charlty durlng the year. No trustees have re￿iVed any reimbursed expen5e5 or any other beneflts from the charfty duringthè year. 7 Taxatlon The charity is a re8lstered charity and Is therefore exempt from tsxation. B Oebtor5 2022 2021 Other debtors 22,999 22,999 9 Cash and cash equ5valents 2022 2021 Cash at bank 283,524 289,953 10 Credltors.. amounts falllng due wlthln ont year 2022 2021 Trade credltors Other credltors Accruals 433 428 600 726 6￿ 1,338 1,759 2.366 Page 13 The Morrls Foundation Notes to the Flnanclal Statements for the Year Ended 31 December 2022 {contlnued) 11 Funds Balance at i January 2022 In¢omln8 Msourte5 Resour￿5 expended Balance at 31 Dècember 2022 Unrestrlcted General General Funds 310,586 1,095 16,9171 304,764 B*lantè at I january 2021 In￿mIng rey>urces Re50urces expènded Balan¢È at 31 December 2021 UnrÈstrlcted Geneml General Funds 315,871 147 15,4321 310,586 12 Analys15 of net assets between funds 2022 net assets between funds Unre51rfcted fund5 General Total funds at 31 Detember 2022 Current 35set5 Current liabilitles 306,523 11,7591 306,523 11,7591 Total net assets 304.764 304,764 2021 net assets b#tween funds Unrestrl¢ted funds General Total lunds at 31 December 2021 Current assets 312,952 12.3661 312,952 12,3661 Curient Ilabllltles Total net assets 310,586 310,586 Page 14 The Morrls Foundatlon Notes to the Flnanclal Statements for the Year Ended 31 December 20221contlnued) IJ Related party transactlons During the year the charity made the followlng related party transactions: Andrew Morri5 (Trusteel During the year MT Morrls offered an offlce for the charlty's use rent free. The charlty ha5 pald £5.19112021'. £4,754> for broadband serv6ce5 at the premlses. At the balance sheet date the amount due to Andrew Morrls was E60012021- £6001. Page IS