Charlty registratlon number.. 1174407 The Morris Foundation Annual Report and Flnancial Statements for the Year Ended 31 December 2024 Field SullSvan Llmlted 9 Hare & Blllet Road Blackheath SE3 ORB
The Morris Foundation Contents (continued} Reference and Administrative Details Trustees, Report Statement of Trustees, Responsibillties Independent Examiner's Report Statement of Financial ActlvStles Balance Sheet Notes to the Financlal Statements 7t013
The Morris Foundation Reference and Administrative Details Chalrman Andrew Patrlck George Morris Trustee5 Andrew Patrick George Morrls Patricia Anne MorrSs Charles Edward Wllliam Morris Sophle Patrlcla Morrls 1174407 Charlty Re8lstratlon Number Prlnclpal Office Lotus Cottage Farm Thrlft Lane Cudham Lane South Cudham Sevenoaks TN14 7NQ Independent Examlner Field Sulllvan Llmlted 9 Hare & 8111et Road Blackheath SE3 ORB Bankers Lloyds 8ank Prlvate Banking 21-23 Hill Street London WIJ 5JW Page I
The Morrls Foundation Trustees, Report The trustees present the annual report together wlth the fSnanclal statements of the charity for the year ended 31 December 2024. ObJectlve5 and Actlvitle5 The principal actlvity of the charity is to support local clubs and assoclatSons and particularly to asslst in the care of the elderlv. The objects of the CIO are to advance for the benefit of the public such charitable purposes laccording to the law of Erkgland and Wales) as the trijstee see fit from time to tlme In particular but not limited to relieving financlal hardship, slckness and poor health amongst elderly people. The trustees conflrm that they have complled wlth the duty in section 17 of the Charities Act 2011 and referred to the guidance contalned in the Charity Commission's general guldance on public benefit when reviewing the charity's aims and oblectives and in planning future actlvitles. Achlevements and Performance Although established as a charity in 2018 there has been no activity in maklng grants to worthy causes for the period covered. There has been little activity within the Foundation during the year given the lack of income due to the lack of profit from the archltectural practlce. It was therefore decided not to make any awards thls year preventing the Foundation's funds from belng depleted. It is hoped that 2023 wlll see a return to profit and allow the charity to continue its work. Financial Review At the balance sheet date the charity had net assets totalllng £317,46212023.. £313,054). Reserves were held to award local assoclations and charltles who work in the desSgnated areas of concern. The trustees have no concerns In relation to the charlty contSnuSng. Structure, Governance and Management The Morris Foundation is a charitable incorporated organ15ation governed by Its trust deed. It is regsitered as a charity with the Charity Commission, charity number 1174407. All trustees elected are famlly members and both Andrew and Patricla Morris are entitled to appolnt trustees. Page 2
The Morris Foundation Statement of Trustees, Responsibilitles The trustees are responsible for preparlng the tiustees, report and the financial slatements in accordance with the United Kingdotn Accounting Standards (United Kingdom Generally A£pted Accounting Practicel and applicable law and regulations. The law appllcable to chèritle5 reouires the tru5tee5 to prepare financial Statements for each finarbclal year whlch give a true and falr view OF the state of affairs of the charity and of the Incoming resource5 and application of resources tsf the charty for that period. In preparlng these financial statements, the trustees are required to: select sultable accounting pollcles and then apply them consislentlv.. obseNe the methods and principles in the Charities SORP-, make judgements and estimates that are reasonable and prudent: state whether applicable accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements,. and prepare the financial state.ments on the golng contern basls unless it is inappropriate to prestsme that the charity will continue in business. The trustees are responsible for keeplng proper accountlng records that dlsclose wlth reasonable accuracy at any lime the flnancial position of the chariiy and enable them to ensure that the financial statements comply with the Charitles Art 2011, the Ch3rÉties (Accounts and Reportsl Regulatlons 2008, and the provisions of the constitution. The tru5teES are a150 responslble for safeguarding the assets of the charity Bnd hence for taking reasonable steps for the preventlon and detection of fraud and other Irregularities. The trustees arè responsible for the maintenance and integrity of the corptsrdte and financial informatlon included on the charitable company's web51te. Legislatlon govetning the preparation and drssemination of finantlal tatements may dFfFer from legislation In otherjurfsdlctions. The an rt was approved by the trustees of the charity on 13 October 2025 and 51gned on Its behalf by: Andrew Pa ick George Morris Ch31rman and trustee Page 3
The Morrls Foundatlon Independent Examiner's Report to the trustees of The Morris Foundation I report to the charity trustees on my examlnatlon of the accounts of the charity for the year ended 31 December 2024 whSch comprise the Statement of Financlal Activltles, the Balance Sheet and related notes. Thls report is made solely to the chafit¢s trustees, as a body, Sn accordance with seclion 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charSty's trustees those matters l am required to state to them Sn this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibillty to anyone other than the charity and the charity's trustees as a body* for my work, for thls report, or for the opinions I have formed, Responsibilltles and basls of report As the charity trustees of The Morris Foundatlon you are responsible for the preparation of the accounts in accordance wlth the reqL¢lrements of the Charities Act 20111'the Act'l. I report In respect of my examlnatlon of the The Morris Foundation's accounts carrled out under sectlon 145 of the 2011 Act and in carrying out my examlnatlon I have followed all the applicable DlrectSons given by the Charlty Commlsslon under section 14515llbl of the Act. An Independent examination does not Involve gatherlng all the evidence that would be required In an audit and consequently does not cover all the matters that an audltor conslders in glving thelr opinion on the financial st3tements. The plannlng and conduct of an audit goes beyond the limited assurance that an independent examlnatlon can provlde. Consequently I e.xpress no oplnion as to whether the flnancSal statements present a 'true and falrf vlew and my report is limited to those specific matters set out In the Independent examiner's statement. Independent examlnerfs statement I have completed my examlnatlon. I conflrm that no material matters have come to my attention In connectlon with the examlnation glving me cause to believe that in any materlal respect: accounting records were not kept In respect of The Morrls Foundation as required by section 130 of the Act; or 2, the financial statements do not accord with those records,. or 3. the financial statements do not comply wlth the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than anv requirement that the accounts give a 'true and fair view, which Is not a matter considered as part of an independent examlnation. I have no concerns and have come across no other matters In connectlon wlth the examlnation to whlch attention should be dr In thls report in order to enable a proper Lsnderstandlng of the accounts to be reached. Tim Sullivan FCA Field Sullivan Llmited 9 Hare & Blllet Road Blackheath SE3 ORB Oate.. /y/./%f.... Page 4
J
The Morrls Foundation (Registration number: 1174407) Balance Sheet as at 31 December 2024 2024 2023 Note Current 45sets Debtors 609 319,122 921 Cash at bank and in hand io 313,916 319,731 314,837 Credstor5: Amounts f311inB due wilhln one year li 11,8361 11,7831 Net a55et5 317,895 313,054 Fund5 of the charity: Restrlcted In¢ome funds Restricted funds 13,706 8,059 Unrestrr¢ted Intome fund5 Unrestricted funds 304,189 304,985 Total fun 12 317,895 313,054 he fin Octobe tements on pages 5 to 13 were approved by the trustees, and authorised for issue on 13 STgnod on thelr behalf by.. an atr k George Morrls d trustee ChaSrma The notes on pages 7 to 13 form an integr31 part of these financial statemen15. Page 6
The Morris Foundation Notes to the Financial Statement5 for the Year Ended 31 December 2024 I Charity 5tatU5 The charity is domiciled in England and Wales. The address of Its registered office Is: Lotus Coltage Farm Thrlft Lane Cudham Lane South TN14 7NQ These financial statements were authorised for issue by the trustees on 13 October 2025. 2 Accountlng policles statement of compliance The financial statements have been prepared in accordance with Accounting and Reportlng by Charlties: Statement of Recommended Pracllce applicable to charlties preparing thelr accounts In accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021 leffective l January 20191 Icharlties SORP IFRS 1021 Second edltion October 20191, the Financial Reporting Standard applicable Sn the UK and Republlc of Ireland IFRS 1021. They also comply wlth the Companies Act 2006 and Charlties Act 2011. Bas15 of preparatlon The Morris Foundation meets the definition of a publSc benefit entity under FRS 102. The accounts Iflnanclal statements) have been prepared under the hlstorlcal cost convention with items recognised at cost or transaction value unless otherwlse stated In the relevant notelsl to these accounts. Golng concern The trustees tonsider that there are no material uncertainties about the charlty's abllity to contlnue as a golng concern. Judgements and key sources of estlmatlon uncertalnty In the appllcatlon of the charlty's accountlng pollcles, the trustees are required to make judgements, estimates and assumptions about the carrylng amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estSmates. The estlmates and underlylng assumptions are reviewed on an ongoing basls. Revisions to 3ccountlng estimates are recognised in the periods In which the estimate is revised where revislons affects only that period, or in the period of the revislon and future perlods where the revlsSons affects both current and future periods, Page 7
The Morrls Foundation Notes to the Flnanclal Statements for the Year Ended 31 December 2024 {contlnued) Income and endowments Voluntary income including donations, gifts, legacies and grants that provlde core funding or are of a general nature is recognised when the charlty has entltlement to the Income, It is probable that the Income will be received and the amount can be measured wlth sufflclent reliability. Donotlons ond legacles Donations and legacies are recognSsed on a receivable basss when recelpt Is probable and the amount can be reliably measured. Investment Income Dividends are recognised once the divldend has been declared and notlflcatlon has been recelved of the dividend due. Expendlture All expendlture Is recognised once there Is a legal or constructive obligation to that expendlture, It is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditLtre heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis conslstent with the use of resources, with central staff costs allocated on the basls of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. choritoble octlvltle5 Charitable expenditure comprlses those costs Incurred by the charity In the dellvery of Its activities and seNices for its beneficlaries. It includes both costs that can be allocated directly to such activities and those costs of an Sndlrect nature necessary to support them. Taxatlon The charity Is con51dered to pass the tests set oijt in Paragraph I Schedule 6 of the Flnance Act 2010 and therefore it meets the definition of a charitable company for UK corporatlon tax purposes. Accordingly, the charlty is potentially exempt from taxation in respect of income or capltal Eains reteived within categories covered by Chapter 3 Part 11 of the Corporatlon Tax Act 2010 or Sectlon 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such Income or Bains are applied exclusively to charitable purposes. Trade debtors Trade debtors are amounls due from customers for merchandise sold or setvlces performed in the Ordinary course of business. Trade debtors are recognlsed Initially at the transaction price. They are subsequently measured at amortlsed C05t Llslng the effective interest method, less provision for impairment. A provision for the Impalrment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Page 8
The Morris Foundation Notes to the Financlal Statements for the Year Ended 31 December 2024 {continued) Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertlble to a known amount of cash and are sublect to an insignlflcant risk of change Sn value. Trade creditors Trade creditors are obligations to pay for goods or seNices that have been acqulred In the ordlnary course of buslness from suppllers. Accounts payable are classlfled as current1SabSlltles If the charity does not have an unconditional right, at the end of the reportlng period, to defer settlement of the creditor for at least twelve months after the reporting date. If there Is an tjnconditional right to defer settlement for at least twelve months after the reportlng date, they are presented as non-current Ilabilities. Trade credltors are recognlsed Initlally at the transactlon prlce and subsequently measured at amortised c05t using the effective Interest method. Fund structure Unrestrlcted Income funds are general funds that are available for use at the trustees dlscretion In furtherance of the objectives of the charlty. Restrlcted Income fL¢nds are those donated for use In a partlcular area or for speclflc purposes, the use of which Is restrlcted to that area or purpose. 3 Income from donatlons and legacles Restricted funds Total 2024 Total 2023 Donatlons and legacles; Donations from individuals 9,537 9,537 10,833 9,537 9,537 10,833 4 Investment income Unrestrlcted funds General Total 2024 Total 2023 Interest receivable and similar Income,. Interest receivable on bank deposlts 7,299 7,299 6,162 Page 9
The Morrls Foundation Notes to the Financial Statements for the Year Ended 31 December 2024 Icontinuedl 5 Expendlture on charitable activltles Unrestrlcted Total 2024 Total 2023 General Restrlcted Note Charitable donatSons Support costs 2,000 6,095 2,000 9,995 3,900 8,705 8,095 3,900 11,995 8,705 6 Analysis of Support C05tS Support costs Unrestrlcted funds General Restricted funds Total 2024 Total 2023 Insurance 3,900 3,900 5,309 786 2,764 5,191 750 Telephone and fax Independent examlnatlon 5,309 786 6,095 3,900 9,995 8,705 Page 10
The Morris Foundation Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 7 Trustees remuneratlon and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have receSved any reimbursed expenses or any other benefSts from the charity during the year, 8 Taxatlon The charity is a registered charity and is therefore exempt from taxatlon. 9 Debtors 2024 2023 Prepayments 609 921 10 Cash and cash equivalents 2024 2023 Cash at bank 319,122 313,916 11 Credltors: amounts falllng due wlthln one year 2024 2023 Trade creditors 450 433 Other creditors Accruals 600 786 600 750 1,836 1,783 Page 11
The Morris Foundation Notes to the Financial Statements for the Year Ended 31 December 2024 {contlnued} 12 Funds Balance at I January 2024 Incomlng resource5 Resources expended Balance at 31 December 2024 Unrestricted General Gener31 Funds 304,985 7.299 18,0951 304,189 Restricted Andrew Morrls 8,069 9,537 13,9001 13,706 Total funds 313,054 16,836 111,9951 317,895 Balahce at I January 2023 Intomlng resources Resources expended Balance at 31 December 2023 Unrestrltted Generol General Funds 304,764 6,162 15,9411 304,985 Restricted Andrew Morris 10,833 12,7641 8,069 Total funds 304,764 16,995 18,7051 313,054 The speclfic purposes for which the funds are to be applied are as follows.. Andrew Morris- Donatlon to cover future insurance costs of the charity. Page 12
The Morris Foundation Notes to the Flnancial Statements for the Year Ended 31 December 2024 (continued) 13 Analys15 of net assets between funds 2024 net a5set5 between funds Unrestrlcted funds General Total funds at 31 December 2024 Restrlcted funds Current assets Current liabilities 306,025 11,8361 13.706 319,731 11,8361 Total net assets 304,189 13,706 317,895 20Z3 net assets between funds Unrestrltted funds General Total funds at 31 December 2023 Restrltted funds Current assets 306,768 11,7831 8,069 314.837 11,7831 Current liabllitles Total net assets 304,985 8,069 313,054 14 Related party transactlons During the year the charlty made the followlng related party transactions.. Andrew Morrls (Trustee) During the year Mr Morrls offered an offlce for the charlty's use rent free. The charlty has paid £5,74212023.. £5,191) for broadband services at the premlses. He also donated £9,S3712023: £10,8331 to contribute towards the future Insurance costs of the premises. At the balance sheet date the amount due to Andrew Morris was £60012023 - £6001. Page 13