The Gold from the Stone Foundation Charity No. 1175167
Trustees' Annual Report &
Unaudited Receipts and Payments Accounts
for the period 1[st] January 2020 to 31[st] December 2020
| Page | |
|---|---|
| Reference and Administration Details | 1 |
| Structure, Governance and Management | 2 |
| Objectives and Activities | 2 |
| Achievements and Performance | 2 |
| Financial Review | 3 |
| Independent Examiners Report | 4 |
| Receipts and Payments Accounts | 5 |
THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
Reference and Administration Details
Charity Name: The Lemn Sissay Foundation Registered Charity Number: 1175167 Trustees: Simon Ruding (Secretary) Angela Samata Lemn Sissay (Chair) Parvinder Sohal Charity's Principal Address: The Martin Harris Centre The University of Manchester Oxford Road Manchester M13 9PL Accountants Chittenden Horley Ltd. & Independent Examiners: Chartered Accountants 456 Chester Road Old Trafford Manchester M16 9HD
Bankers:
CAF Bank 25 Kings Hill Ave Kings Hill West Malling ME19 4JQ
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THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
Structure, Governance and Management
Type of Governing Document: Constitution How the Charity is Constituted: Charitable Incorporated Organisation Trustee Selection Methods: Trustees can only be appointed by a resolution passed at a properly convened meeting of the charity trustees.
Objectives and Activities
The Foundation’s principle focus is the support of projects that help address the needs of young people who are, or have been, in care.
The Trustees have complied with section 2(1)(b) of the Charities Act 2011, having due regard for the Charity Commission’s guidance on public benefit when reviewing the Foundation’s aims and objectives, when setting the grant-making policy and in making awards.
The Foundation’s main focus is offering support to individuals and agencies working to address the disadvantages faced by those in care and young adult care leavers. The Foundation’s main focus is The Christmas Dinners. Founded in 2013, the Dinners are organised by teams of volunteers who work together to provide a magical, fun-filled day, complete with special presents and a scrumptious dinner on Christmas Day for young care leavers aged between 16 and 25 at various events around the UK.
Lemn Sissay says: ‘Many care leavers are sat in flats, B&Bs and hostels, away from family, or sofa-surfing, and some are indeed living on the streets on their own at Christmas. Christmas is a reminder of everything they never had… I know because I’ve shared their experiences… But since 2013, thanks to passionate groups of volunteers supported by generous donations, we’ve been able to put on scrumptious Christmas meals and create a magical day to remember… The Christmas Dinners will be a life-changing and life-saving experience.’
Achievements and Performance
In 2020, the Foundation continued to offer advice, guidance and financial support enable local teams to coordinate and deliver Christmas Dinners in Barnsley, Birmingham, Bradford, Ellesmere Port, Hackney, Huddersfield, Hull, Leeds, Manchester, Nottingham, Richmond, Salford, South London, Stockport, Trafford and Wirral.
The Dinners were delivered in the face of the challenges presented by the Covid-19 emergency, lockdowns and social distancing restrictions and their success is an extraordinary testament to the tenacity, resilience and creative thinking of the local teams that donated their time through the autumn and winter of 2020. We owe them our thanks. Unsurprisingly, The Foundation’s role and activity shifted in response to the emergency, and we initiated a programme of support and guidance which took advantage of digital
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THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
technologies to link teams; the result of this was a national community of volunteers offering much needed mutual support, sharing ideas and exchanging strategies. Lessons learned and strategies developed in the face of the emergency will inform our approach in 2021 and beyond.
Financial Review Reserves Policy
The reserves that we have set aside provide the means for the funding of our principal activity, The Christmas Dinners project, for one year. We intend to maintain our unrestricted reserves at a level which is at least equivalent to £20,000.
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature:
Full Name: Simon Philip Ruding
Position: Secretary Date: 6[th] April 2021
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THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period January 1[st] 2020 to 31[st] December 2020, set out on the next page.
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of 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 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:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Peter Smith BA FCA DChA
Chittenden Horley Limited Chartered Accountants 456 Chester Road Old Trafford Manchester M16 9HD Date: 6[th] April 2021
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THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
| The God from the Stone Foundation | The God from the Stone Foundation | The God from the Stone Foundation | The God from the Stone Foundation | The God from the Stone Foundation | No. 1175167 | No. 1175167 | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||||||
| For the period from |
01/01/2019 | To | 31/12/2019 | ||||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | Last year | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | |||||||||
| Individual Donations | 12,704 | 7,560 | - | 20,264 | 54,475 | ||||
| CompanyDonations | - | - | - | 26,752 | |||||
| Refunded Grants | 2,500 | - | 2,500 | 2,000 | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) | 12,704 | 10,060 | - | 22,764 | 83,227 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts | 12,704 | 10,060 | - | 22,764 | 83,227 | ||||
| A3 Payments | |||||||||
Charitable Expenditure |
17,500 | - | 17,500 | 23,000 | |||||
| General Expenses | 231 | - | - | 231 | 2,598 | ||||
| Bank Charges | 60 | - | - | 60 | 60 | ||||
| Fees | 2,400 | - | - | 2,400 | 2,887 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 2,691 | 17,500 | - | 20,191 | 28,545 | ||||
| A4 Asset and investment purchases,(see table) |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| **Sub total ** | - | - | - | - | - | ||||
| Totalpayments | 2,691 | 17,500 | - | 20,191 | 28,545 | ||||
| Net of receipts/(payments) | 10,013 | - 7,440 | - | 2,573 | 54,682 | ||||
| A5 Transfers between funds | - | - | - | - | - | ||||
| A6 Cash funds lastyear end | 11,998 | 77,579 | - | 89,577 | 34,895 | ||||
| Cash funds this year end | 22,011 | 70,139 | - | 92,150 | 89,577 | ||||
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THE GOLD FROM THE STONE FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED DECEMBER 31 2020
Section B Statement of assets and liabilities at the end of the period
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period |
|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | Unrestricted funds |
Restricted funds | Endowment funds |
|||||
| to nearest £ | to nearest £ | to nearest £ | |||||||
| B1 Cash funds | Bank Balance | 22,011 | 70,139 | - | |||||
| - | - | - | |||||||
| - | - | - | |||||||
| Total cash funds | 22,011 | 70,139 | - | ||||||
| (agree balances with receipts andpayments account(s)) | OK | OK | |||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
|||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the charity’s own use |
- | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||||||
| B5 Liabilities | - | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
Signed on behalf of all the trustees
[Simon Ruding ]
[06/04/21 ]
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