Charlty reglstratlon number-. 1174407 The Morris Foundation Annual Report and Financial Statements for the Year Ended 31 December 2023 Fleld Sullivan Llmlted 9 Hare & Blllet Road Blackhe3th SE3 ORB The Morrls Foundatlon Contents (¢ontlnuedl Reference and Admlnistrative DetaS1s Trustees, Report Statement of Trustees, fiesponsibilities Independent Examiner's Report ststement of Firancial Activities Balance Sheet Notes to the Flnanclal Statements 7t014 The Morris Foundation Reference and Administrative Details Chalrman Andrew Patrick George Morrls Trustees Andrew Patrick George Morrls PatrScla Anne Morrls Charles Edward Wllliam Morri5 Sophie Patricia Morris Charity Reglstratlon Number 1174407 Prlnclpal Offlce Lotus Cottage Farm Thrlft Lane Cudharn Lane South Cudham Sevenoaks TN14 7NQ Independent Examiner Field Sullivan Limited 9 Hare & Billet Road 813ckheath SE3 OR8 Bankèrs Lloyds Bank Private 8anking 21-23 Hill Street London wij sjw Pège I The Morris Foundatlon Trustees, Report The tru5tee5 present the annual report tO8ether with the financial statements ol the charity lorthe year ended 31 December 2023. Objectives znd Activitle5 The principal activity of the charity 15 to support local clubs and associations and particularly to asslst In the care of the elderly. The objects of the CIO are to advance for the benefit of the public such charltable purposes laccordlng to the law ol England and Wales) as the trustee see frt from time to time in partlcular but not limlted to relieving financial hardshlp, sickne55 and poor health amongst elderly people. The trustees conlirrn that they have complied wlth the duty In section 17 01 the Charities Act 2011 and referred to the guldance contained in the Charity Commission's general guldance on public benefit when reviewing the charity's aims and oblectlves and In planning future activities. Achlevements and Performance Although establlshed as a ch3rity in 2018 there has been no activity in makin8 grants to worthy causes for the period covered. There has been little activity wlthln the Foundation during the year given the lack of income due to the lack ol profit from the architectural practice. It W35 therefore decided not to make any awards thls year preventing the Foundatlon's funds from belng depleted. It Is hoped that 2023 wlll see a return to profit and allow the charity Lo continue its work. Flnanclal Revlew At the balance sheet date the charlty had net asséts totalllng £313.05412023.. É304,7641. Resetves were held to aw3rd local associations and charities who work in the designated areas of concern. The trustee5 have no eoncerns In relatlon to the charity contlnulng. Structurè. Governance and Mana8ement The Morris Foundation is a charitable incorporated organisation governed by its trust deed. Itls regsitered ￿ a tharity with the Charlty Commission, charity number 1174407. All trustees elected are family members and both Andrew and P8trlcia Morris are entitled to appoint trustees. P8ge 2 The Morrls Foundation Statement of Trustees, Responslbllltles The tr¢JstÈes are re5ponslble for preparlng the ttwstees, report and the financial statements in accordance wlth the United Kingdom AccotsntinB Standard5 Illnlted Klnodom General￿ Acceptsd Aceourtin8 Practltel and appIl￿ble law and TÈgulatlons. The law applicable to Charit￿5 requires the twstees to prepare financial statements for each financial year whkh 8lve a tiue and falr vlew of the state of affalrs of the charity and of the incomtn8 resources and appllcation of resources of the charfty for that perlod. In preparingthese flnknclal statements, the trustees are required to.. sÈletfsuit>ble zccountlng pollcles and then applythem con5￿tent￿,. observe the methods ar*d prlntlples sn the Charities 50RP,. make judgements and estSmates thatare reasonable and prudent,. stste whether appllcable accountlng Standards have been followed, sub5ect to any materlal departures disc105eé and explalned In the fin3nclal statements,. and prepare the financlal ttatements on the golDg toncern basts unless It15 Inapproprl*e to presume that the Charftywlll £onilntJe In business. The twstee5 are re5ponssble lor keeping proper 3CCOtJnting records that dlsdose ￿th ie050nable accuracy at any tlme the financial ￿sItIOn of the charily and enable them to ensure that the financial Statements comply wlth the Charltles Act 2011, the Charities IAwounts and Reports) Regulations 2008, and the prtsvlsions of the constitution. The trustees ore a150 responsible for safeguarding the assets ol the charity and hence for taklnB rea50Trable steps for the preventlon and detect5on of fraud and other irregulHritie The tru e5 are fesponslble for the maintenance and integrity of the corporate and Ilnan¢lal Informatlon Included n the charltable cornpany's webslte. Legislation Éovèrning the preparation and d155emlnatlon of tÈments may dlffer from leglslatk)n In oiherlurlsdl¢tions. hean rep was approved by the irustees of the charity OD 18 October 2024 and $18ned or its behalf bv.. ew Chalrman eorge Morri5 stee Pa8e 3 The Morrls Foundatlon Independent Examiner's Report to the trustees of The Morris Foundation I report to the charlty trustees on my examinatlon ol the accounts of the charity for the year ended 31 December 2023 whSch comprise the Statement of Financlal Activitles, the Balance Sheet and related notes. This report Is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charltles Act 2011. My work has been undert2ken so that I might state to the charity's trustees those matters l am required to state to them in this repoit and for no other purpose. To the lulle5t extent permitted bylaw, I do not accept or assume responslbillty to anyone other than the charity and the charlty's trustees as 3 body, for my work, lor this report. or for the oplnlons I have formed. Responslbllltles and basls of report As the charity trustees ol The Mords Foundation you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charlties Ad 20111'the Act'l. I report in respect of my examination of the The Morris Foundation's account5 carried out under section 145 of the 2011 Act and in carryln8 Out my examin3tion I have followed all the applicable Directions given by the Charity Commlssion under Section 14515llbl of the Act. An independent ex3mination does not involve gathering all the evldence that would be required In an audit and consequently does not cover all the matters that an auditor considers in givlng their oplnlon on the flnancial staternents. The planning 3nd conduct of an audlt goes beyond the limited assurance that an Independent examination can provide. Consequently l express no oplnlon as to whether the financial statements present a 'true and fairf view and my report is limited to those specific matters set out in the Independent examinels statement. Independent examlner's Statement I have Completed my examination. I confirm that no material matter5 have come to my attet)tion In connectSon with the examlnatlon glvlng me cause to believe that In any materlal respect.. l. accounting records were not kept in respect of The Morrls Founéatlon as required by section 130 of the Act,. or 2. the financlal statements do not accord with those records,. or 3. the flnanclal statements do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regu13tions 2008 other than any requirement that the accounts 8lve a 'true and fair wew, whith Is not a matter consldered as part of an ndependent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in tsrder to enable a proper understanding ol the aceounts to be reached. Tim Sullivan FCA Fleld Sulllvan Llmited 9 Hare & Blllet Road Olackheath SE3 OR8 Page 4 The Morrls Foundatlon ststernent ol Flnanddl Artlvltles fortheyear Ended 31 De¢ember 2023 unrestikt¢d Hestrlrted 2022 Not• IncoM•andEndownqfit51rorn'. tknatlons andlegade5 Investmen* Income IOA33 lo￿33 6,162 rot* s￿¢¢MÈ 6.161 IOb33 1&995 1.09$ 1,095 Expthdltur•on'. 15.9411 1.7S4 8.70$) ruta e￿pen(lI￿re 8.705 6.917 6.917) 211 8.069 8,290 15,8221 15,È221 Ro¢onclllatlun offvnd$ 304.764 310.586 )10.586 Tofal fundscatrIedf¢￿lr￿ 12 304.985 8.069 313.054 304.7fj4 304.764 laf theiharfy5 #cli￿tlE$d¢1k￿t[{O￿ conti￿￿1￿[op0ratknllj durlnEthe I*v￿twopcrfod$. Thelvnd5 ￿eakL&s￿￿ lor2Q22155hown In note 12. ThenDte5on ￿e$? to 14 form an lrtteRial oartof Ihese nna￿lIst41emeftt$. P¥eS The Morris Foundatlon (Registratlon number: 11744071 Balance Sheet a5 at 31 December 2023 2023 22 Note CurreY¢tassets Debtors Cash at bank and Ip hand 921 22.999 283,524 io 313,916 314.837 306,523 Credlrors., AMouDt5 lalllhi due wlthSD one year li 11,783 1,7591 Net 855ets 313.054 Funds of tho charlty.. Restricted Incomelunds Resirlcted funds 8,069 unr￿tricted Income funds Unrèstrictèd funds 304,985 304,764 Total funds 12 313,054 304,764 fnent5 on pages S to 14 WÉ￿ approved by the trustees, and authorlsed for 1$5ue on 18 d on their behalf by.. ttober e¢r8e Morri5 stee ChalTrnan a The nDtes on pages 7 to 14form an integral part of theseflnancial 5taternent5. Pase 6 The Morris Foundation Notes to the Flnanclal Statements forthe Year Ended 31 December 2023 I Chaylty status The charity Is domlclled In England and Wales. The address ol its re8iStered office is- Lotu5 Cottage Farm Thrlft Lane Cudham Lanè south TN14 7NQ These financi31 statements were authorised lor issue by the trustees on 18 October 2024. 2 Accountlrtg pollcles Statement of compllante The financial statements have been prepared in accordance with Accounting and Reportin8 by Charities.. Statement of Recommended Practlce applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland IFRS 1021 leffectSve I january 20191 (Charities SORP IFRS 1021 Second edition October 20191, the Financial Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021. They also comply with the Cornpanies Art 2￿)6 and Charities Act 2011. Basis of preparatlon The Morris Foundation meets the definition of a public beneflt entity under FRS 102. The account5 lflnancial statements) have been prepared under the historical cost convention with Items recogn5sed at cost or trans3Ction value unless otherwlse stalerl in thè relevant notelsl to these accounts. Goln8 concern The trustees consider that there are no materlal uncertainties about the charlty's ability to contlnue as a goSng concem. Judgements and key sources of e5tlrnation uncertalntv In the application of the charity's account1ng policles, the trustees are required to make judgèments, estimates and as5umptlons about the carrying amount of asset5 and Ilabillties that are not readily app3rent from other sources. The estimates and a550ciated assumptions are based on historical experien￿ and other factors that are con51dered to be relev3nt. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an oFigoing basis. Rev151ons to accountlng estirnate5 ère recognised in the period5 in whlch the estimate is ievised where revisions affects only that period, or in the period of the revlslon and future periods where the revlslons afferts both current and future periods. Page 7 The Morris Foundatlon Notes to the Financial Statements for the Year Ended 31 December 2023 {continuedl Income and endowments Voluntary income including donations, glfts, legaaes and grants that provlde core funding or are of a general nature is recognlsed when the charity has entitlement to the incorne, it is probable that the Income will be received and the arnount tan be measured with sullicient reliabllltv. Donotlons leGtocle5 Donètions and legacies are rÈcognlsed on a recefvable basis when recèipt is probable and the amount can be reliably measured. Investment Income Olvldends are recognised once the dlvidend ha5 been declared and notification has been received of the dividend due. Expenditure All expenditure Is recognSsed once there is 8 legal or constructive obligation to that expendlture, it is probable settlement is requlred and the amount can be mea5ur£d reliably. All costs are allocated to the applicable expenditure heading that aggregate slmllar costs to that category. Where costs cannot be dlrectly attributed to particular headlngs they have been allocated on a basls consistent with the use of resources, wlth central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portlon ol the asset's use. Other sUPPOrt costs are allocated based on the spread of stall costs. Chorltoble actlvltles Charltable expendSture comprises those cost5 Incurred by the charity In the dellvery of its activities and services for it5 benellclarles. It includes both costs that can be allocated directly to such activities and those costs of an Indlrect nature necessary to support them. 6runtprovlslons Provlsions for grants are made when the intention to make a grant has been communlcated to the reclplent but there is uncertainty about either the ￿mITh@ of the grant OT the arnount of grant payable. Governantè tosts These include the CDSts attributable to the charit¢5 compliance wlth constitutional and statutory requlrernents, including audit, strategic management and trustees meetings and reirnbursed expenses. Taxatlon The charity is considered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010 and thereltsre It meets the definition ol a charltable company lor UK corporatlon tax purposes. Accordlnglyi the charity 15 Potentially exempt from taxation in respect of income or capltal gains received within categorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 01 the Taxat4on of Chargeable Gain5 Act 1992, to the exlent that such Income or 8ains are applied excluslvely to charitable purpose5. Page 8 The Morrls Foundatlon Notes to the Flnancial Statements for the Year Ended 31 December 2023 {¢ontlnuedl Trade debtors Trade debtors are amounts due from customers lor merchandSse sold or service5 performed in the ordinary course of business. Tradé debtors are recognised initially at the transaction pricé. They are subsequently measured at amortlse cost using the effective Interest method, less provisSon for impairment. A provlslon for the impalrment ol trade debtor5 Is established when there15 oblectlve e￿dence that the charity wlll not be able to collect all amounts due according to the orlginal terms of the receivables. Cash and tash equlvalents Cash and cash equlvalents comprlse cash on hand and call deposlts, and other short-term highly liquid investrnents that are readlly convertlble to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltois Trade creditors are obligations to pay for goods or services that have been atqulred In the ordinary course of busines5 from Suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end ol the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months alter the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initlally at the transactlon price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general fund5 that are available for use at the trustees discretion in furtherance of the oblectlves of the charity. Restricted income funds are those donated lor use in a particular area or for specific purposes, the use ol whlch is restricted to that area or purpose. 3 Income from donatlons and legacies Restrlctèd funds Total 2023 Total 2022 Donatlons and legacles., Donations from indivlduals 10,833 10,833 10,833 10.833 Page 9 The Morrls Foundation Notes to the Financial Statements for the Year Ended 31 December 2023 {contlnuedl 4 Invèstment Income Unrestricted funds General Total 2023 Total 2022 Interest receivable and similar income; Interest receivable on bank deposits 6,162 6,162 1.095 5 Expendltuie on charltable actlvltles Unrestllcted Total 2023 Total 2022 General Restrlcted Notè Grant funding of activilies 1.000 5,917 Support costs 5,941 2,764 8,705 5,941 2,764 8,705 6,917 6 Analysls of sUPPOYt costs Support Costs Unre5trlcted funds General Restilcted nds Total 2023 Total 2022 Insurance Telephone and fax Independent examination 2,764 2.764 5,191 750 5,191 750 5.191 726 5,941 2,764 8.705 5.917 Page 10 The Morris Foundation Notes to the Flnanclal Statements for the Year Ended 31 De¢ember 2023 Icontlnued) 7 Trustee5 remuneratlon and expenses No tru5tee5, nor any persons connected with them. have recelved any remuneratlon from the charity durlng the year. No trustees have recelved any relmbursed expenses or any other benefits from the tharlty durlng the year. 8 Taxatlon The charity Is a reglstered charity and Is therefore exempt from taxatlon. 9 Debtgrs 2023 2022 Prepayment5 Other debtors 921 22,999 921 22,999 10 Cash and cash equivalènts 2023 2022 Cash at bank 313,916 283,524 11 Credltors: arnounts falllng due within one year 2023 2022 Trade creditors 433 433 Other creditors Accruals 600 750 600 726 1,783 1.759 Page 11 The Morris Foundation Notes to the Financial Statement5 for the Year Ended 31 December 2023 Icontlnued) 12 Funds Balance at i January 2023 Intoming resources Resourtes expended Balance at 31 December 2023 Unrestrlcted Genertsl General Funds 304,764 6,162 15,9411 304.98S Rèstrlcted Andrew Morris 10,833 12,7641 8,069 Total funds 304,764 16.995 18.7051 313.054 Balance at i January 2022 Incomlnz rèsourtès Resources expendèd Balance at 31 December 2022 Unrestrlcted 6eneiul General Funds 310,S86 1,095 16.9171 304,764 The specific purposes for whlch the funds are to be applied ale as follows.. Andrew MorrSs- Donabon to cover future insurance tosts of the Charity. Page 12 The Moryls Foundatlon Notes to the Financlal Statements forthe Year Ended 31 December 2023 {contlnuedl 13 Analysi5 of net assets between funds 2023 net a55ets between funds Uhré5trlctéd funds General Total funds at 31 December 2023 Restrlcted funds Current assets 306,768 11,7831 8,069 314,837 11,7831 Total net assets 304,985 8,069 313,054 2022 net asse15 between funds UnrestrScted funds General Total funds at 31 December 2022 Current assets 306,523 11.7591 306,523 11,7591 Total net assets 304,764 304,764 Page 13 The Morris Foundation Notes to the Flnanclal Statements for the Year Ended 31 December 20231continuedl 14 Related party transactlons During the year the charity made the following related party tran5actions'. Andrew Mottls (Trusteel During the year Mr Morr5s offeTed an offlce for rhe charity's use rent free. The charlty has paid £5,19112022'. £5,191) lor broadband setvices at the premises. He also donated £10,833 to contribute towards the future insurance costs of the premises.. At the balènte sheet date the amount due to Andrew Morris was £60012022 - E6001. Pa8e 14