## **Charitable Incorporated Organisation registration number: 1177831**
## **The Mintridge Foundation**
**Annual Report**
**For the Year Ended 31 March 2024**
## **THE MINTRIDGE FOUNDATION**
## **ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2024**
## **CONTENTS**
Page Trustees’ Report 1 – 6 Independent Examiners' Report Accounting Policies 8 - 9 Statement of Financial Activities 10 Balance Sheet 11 Notes to the Accounts 12 - 17
**THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees of the Charitable Incorporated Organisation present their report along with the financial statements of the Charitable Incorporated Organisation for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out on pages 7and 8 of the financial statements and comply with the Charitable Incorporated Organisation’s Memorandum and Articles, the Charities Act 2011 and the requirements of the Statement of Recommended Practice 2015: Accounting and Reporting by Charities.
## **Reference and administration details**
|**Official name of CIO:**|The Mintridge Foundation||
|---|---|---|
|**CIO registration number:**|1177831||
|**Registered Office:**|Unit 4||
||Shieling Court||
||Corby||
||NN18 9QD||
|**Trustees:**|Kate Harriet Rham – Since October|2022|
||Karin Charlotte Seymour – Since October 2022||
||John James Doonan – Since October 2022||
||Thomas Cardwell – Since August 2022||
||Karrie Bassett – Since August 2022||
||Tara Katharine Maria Belcher – Since December 2019||
||Jackie Scully – Since December 2019 (Retired September 2023)||
||Clair Sally Peck – Since August 2019||
||Neil Jewsbury – appointed 22ndJuly 2024||
|**Chief Executive:**|Mrs Alexandra Jayne Wallace||
|**Independent Examiners:**|Affinity (UK) Limited||
||Unit 4||
||Shieling Court||
||Corby||
||NN18 9QD||
1
## **THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
## **Structure, Governance and Management Governing document**
The Mintridge Foundation is a registered Charitable Incorporated Organisation with the Charity Commission, governed by its constitution.
## **Appointment of Trustees**
Trustees are appointed by the current Trust Board for a term of three years. Upon completion of the term, the trustee has the option to either step down or seek re-election. The Mintridge Foundation is committed to safeguarding and promoting the welfare of all children, expecting this commitment to be shared by all staff, Trustees, Ambassadors, Partners, volunteers, and supporters. Successful trustees undergo an enhanced DBS check.
## **Objectives and Activities**
The objects of the CIO are, for the public benefit:-
To advance the physical and mental health and well-being of children and young people; and To advance the physical education and development of children and young people; in particular but not exclusively by:- working with schools, colleges, sport clubs, universities and national governing bodies within the community to:-
- Increase the participation of sports and change the behaviour of young people, with a particular focus on females and young people with disabilities;
- Provide a support network for young people with a particular sporting talent;
- Enhance life skills in young people;
- Educate and promote a greater knowledge of physical and mental wellbeing for young people;
- Support the strategic goals of educational organisations;
- Educate children and young people on nutrition and the importance of exercise;
- Organise and deliver sports camps for children and young people in schools and the wider community;
- Engage positive sporting role models, being professional and ex professional sports persons, to deliver direct and/or remote mentoring programmes to children and young people;
- Educate family members of children and young people (in particular parents) about the above mentoring schemes with the aim of including them in the same; and
- Use technology to increase the participation of children and young people in sport.
## **Public Benefit**
The board of trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
## **Risk management**
The trustees are committed to the identification and management of the major strategic, business and operational risks which the Charitable Incorporated Organisation faces. The trustee board is committed to the identification and management of risk and believe that this must be achieved by supporting a structured and focused approach to risk management through its risk management framework. The Mintridge Foundation will wherever possible minimise risk to staff and members of the public and is dedicated to establishing a culture that ensures risk management is an integral part of everything it does. It will provide realistic resources to implement and support effective risk management within the foundation.
The CIO outlines the framework for managing the risks that it may face. The Trustees regularly review and assess the risks faced by the CIO in all areas of its work and plan for the management of those risks. Risk is an everyday part of charitable activity and managing it effectively is essential if the trustees are to achieve their key objectives and safeguard their charity's funds and assets. The framework considers the following:
- Identify the major risks that apply to the charity.
- Make decisions about how to respond to those risks.
- • Make an appropriate statement regarding risk management in their annual report
The objectives of the risk management policy are to address the key risks that the CIO may face and to:
- Ensure that The Mintridge Foundation complies with all relevant legal or regulatory requirements.
- Develop a risk aware culture throughout the foundation and raise awareness for the need for risk management for all those connected to the foundation (including trustees, members of staff and volunteers).
- • Ensure that all Trustees are assured that risks are being managed effectively.
2
## **THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
- Enable the Foundation to comply with relevant standards and anticipate and respond to changing social, economic and legislative conditions.
- Minimise injury, damage, loss and inconvenience to staff, volunteers and the wider community arising from and connected to delivery of charitable events.
- Reduce the incidence and cost of risk to the Foundation. Identified risks need to be put into perspective in terms of the potential severity, impact and likelihood of their occurrence. Assessing and categorising risk helps in prioritising and filtering them, and in establishing whether any further action is required.
## **Achievements and Performance**
Between 1st April 2023 and 31st March 2024, the Mintridge Foundation delivered 83 programmes across the UK impacting 10,040 young people. Stimpson Academy in June 2023 was our 500[th] Programme Celebration!
56 of these were delivered as part of our Bronze Programme.
As part of the Bronze Programme, the Mintridge Foundation Ambassadors deliver inspirational presentations and classroom sessions to share their unique story. They also deliver coaching sessions (to kickstart a healthy sporting journey or to help nurture existing pathways) and classroom visits across the day tailored to suit a school / club schedule.
A Mintridge representatives are present throughout to organise the administrative, logistical and safeguarding elements.
13 of these were a virtual Bronze Programme which often meant a short webinar and Q&A to aid travelling constraints/financial budgets.
8 of the 83 programmes also included a 1-1 mentoring element impacting 16 young people.
To ensure the greatest legacy and to offer continued support for mental and physical fitness, in silver programmes, students have the opportunity to be mentored remotely by the Ambassador for a period of six months following the Bronze Visit. The Mintridge safeguarding policy applies during this time.
Mintridge worked with the staff and coaches to match the mentor and mentee. This has positive repercussions on their peers. The experience ensures both parties leave enriched and inspired.
6 Programmes were Gold Programmes where students received tickets to watch our Ambassadors in action, as well as enabling more in-person time to ensure an even greater level of support. This element also allowed behind-thescenes access at a live sports fixture to showcase the opportunities of sport for mentees and their families. Watching sport is exciting, engaging, visceral. Watching sport is key to learning and performance, improving our own capability. Sport brings together observing, learning and doing. Programmes included Northampton Saints Rugby, London City Lionesses and the Hundred Cricket.
Once again, with the popularity of netball, this has been the biggest sporting choice for our beneficiaries as there has been a rise in the demand for female sports and role models. 18 of our our programmes included netball. Pamela Cookey, Eboni Usoro – Brown and Georgia Lees were three Ambassadors that delivered the netball elements of the Mintridge Foundation.
After netball, our cricket programme was the second most popular. Wheelchair basketball and para canoe programmes were very popular throughout the period highlighting the rise in demand for schools to demonstrate Equality, Diversity and Inclusion within their settings.
3
## **THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
## **VOLUNTARY INCOME**
Due to being a small team, during 1[st] April 2023 to 31[st] March 2024, the Mintridge Foundation has looked for other ways for individuals and organisations to support the charity, particularly with voluntary income being increasingly harder to receive. With this in mind, Pro Bono support in programme co-ordination, marketing and PR has helped us reach an increasing number of beneficiaries. The team continue to look for different channels to reach more young people.
## **SAFEGUARDING REPORT – 1[ST] APRIL 2023 – 31[ST] MARCH 2024**
Sally Peck OBE as the Trustee Lead for Safeguarding can confirm that all cases during the period have been closed/archived. The cases can be highlighted in the graph below, monitored by the Mintridge Foundation Online Safeguarding System (monitored by Safeguard My School as part of TES).
To view the Mintridge Foundation Safeguarding Policy, please visit: SAFEGUARDING — The Mintridge Foundation
## **The Mintridge Foundation Policies & Procedures**
The Mintridge Foundation has a number of policies in place to ensure that it operates effectively, promotes good governance and explain how we meet our legal responsibilities. The policies can be found on the following page on our website: www.mintridgefoundation.org.uk/mintridgepolicies
## **Financial Review**
During the year ended 31 March 2024, The Mintridge Foundation reported a surplus on unrestricted funds of £47,732, a deficit on designated funds of £3,639 and a movement of £508 on restricted funds.
Income from charitable activities comprises income generated through various sporting programs operated throughout the period, and totalled £191,737
4
**THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
## **Reserves Policy**
Unrestricted reserves currently stand at £66,041. These are funds that carry no restrictions or designations over their use.
Designated reserves total £10,074. These are funds that have been designated for set programmes by the trustees where no formal restrictions have been put in place.
Restricted reserves total £508. These donations are restricted for use against specific programmes run by the Foundation.
The charity has adopted a reserves policy and has set a target such that free reserves (the general fund) should total 3 months of total organisational operating costs based on the next budget year.
This policy is regularly reviewed to ensure that it meets the organisation’s changing needs and circumstances.
Funds can be designated for the following items: Significant capital spend Piloting new services
Designated funds should be used within 2 years of their target date. If this does not take place, they should either be released back into free reserves or re-approved for designation.
## **Statement of Trustees’ Responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charitable Incorporated Organisation and of the incoming resources and application of resources of the Charitable Incorporated Organisation for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP 2015 (FRS 102);
- 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;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Incorporated Organisation will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charitable Incorporated Organisation and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charitable Incorporated Organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the Charitable Incorporated Organisation and financial information included on the Charitable Incorporated Organisation‘s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
5
## **THE MINTRIDGE FOUNDATION**
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## Neil Jewsbury
Neil Jewsbury (Jan 30, 2025 11:28 GMT)
**Mr Neil Jewsbury**
**The Mintridge Foundation Chair of Trustees (Appointed July 2024)**
## **Date:** Jan 30, 2025
6
## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF THE MINTRIDGE FOUNDATION**
I report to the Charitable Incorporated Organisation trustees on my examination of the accounts of the Charitable Incorporated Organisation for the year ended 31 March 2024, which are set out on pages 7 to 16.
## **Responsibilities and basis of report**
As the Charitable Incorporated Organisation’s trustees, 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 Charitable Incorporated Organisation’s accounts carried out under section 145 of the 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 giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Charitable Incorporated Organisation as required by section 130 of the Act; or
- 2 the accounts do not accord with those records; or
- 3 the accounts do 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.
Yasmin Shaikh (Jan 29, 2025 11:40 GMT)
**Mrs Yasmin Shaikh Accountant** Affinity (UK) Limited Unit 4 Shieling Court Corby Northants NN18 9QD
7
## **THE MINTRIDGE FOUNDATION**
## **SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
## **(a) General information and basis of preparation**
The Mintridge Foundation is a Charitable Incorporated Organisation registered in England. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the Charitable Incorporated Organisation’s operations and principal activities are as set out in the Trustees’ report.
The Charitable Incorporated Organisation constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016).
The Charitable Incorporated Organisation has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.
The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling, which is the functional currency of the Charitable Incorporated Organisation.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.
## **(b) Funds**
Unrestricted funds are funds that are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and that have not been designated for other purposes.
Designated funds are funds that have been earmarked for use on certain programs by the Trustees, in line with the non-binding wishes of the donor.
Restricted funds are funds that are to be used in accordance with specific restrictions imposed by the donor.
## **(c) Going concern**
The charity has prepared cashflow forecasts to 31 January 2026, which show a projected cash surplus.
After due consideration of all relevant factors, the trustees have a reasonable expectation that the Charitable Incorporated Organisation has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
## **(d) Incoming resources**
Incoming resources primarily represent funds generated from donations and the operation of sporting programs. Income is recognised once the charity has entitlement to the resources, it is probable that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.
## **(e) Charitable activities**
Charitable activities comprise the operation of sporting programs for young people.
## **(f) Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Support costs comprise all costs incurred in the running of the charity.
8
## **THE MINTRIDGE FOUNDATION**
## **SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
## **(g) Fixed assets**
Individual assets with a useful life of over 12 months are capitalised at cost and are depreciated over their estimated useful economic lives on a straight-line basis as follows:
_Asset class_ Office equipment
_Depreciation rate_ 33% p.a.
9
## **THE MINTRIDGE FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024**
|Notes
**Incoming resources**
Incoming resources from generated funds
Other income
1
Voluntary Income
2
Incoming resources from charitable activities
**Total incoming resources**
**Resources expended**
Charitable activities
4
Raising funds
5
Support costs
6
Office costs
7
**Total resources expended**
**Net incoming/(outgoing) resources**
Transfers between funds
**Net movement in funds**
**Fund balances brought forward**
14
**Fund balances carried forward**
14|**Year ended 31**
**March 2023**
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
Total Funds
£
£
£
£
£
2,106
-
-
2,106
-
48,958
1,291
508
50,757
52,551
138,874
-
-
138,874
99,277
189,938
1,291
508
191,737
151,828
688
-
-
688
39,393
57,610
3,492
-
61,102
44,351
72,344
560
-
72,904
44,441
11,564
878
-
12,442
7,160
142,206
4,930
-
147,136
135,345
47,732
(3,639)
508
44,601
16,483
-
-
-
-
-
47,732
(3,639)
508
44,601
16,483
18,309
13,713
-
32,022
15,539
66,041
10,074
508
76,623
32,022
**Year ended 31 March 2024**|
|---|---|
The notes on pages 11 to 16 form part of these financial statements.
10
## **THE MINTRIDGE FOUNDATION**
## **BALANCE SHEET CHARITY NUMBER 1177831**
## **AS AT 31 MARCH 2024**
|Notes
**31 March**
**2024**
**£**
**NON-CURRENT ASSETS**
Office equipment
8
257
**CURRENT ASSETS**
Debtors
9
44,430
Cash at bank and in hand
10
55,671
100,101
**CREDITORS**
Amounts falling due within one year
12
4,712
**NET CURRENT ASSETS/LIABILITIES**
95,389
**NON-CURRENT LIABILITIES**
Amounts falling due after one year
12
19,023
**NET ASSETS/(LIABILITIES)**
76,623
**RESERVES**
Restricted Funds
14
508
Designated Funds
14
10,074
General Fund
14
66,041
76,623|**31 March**
**2023**
**£**
384|
|---|---|
||32,362
33,102|
||65,464
6,023|
||59,441|
||27,803|
||32,022|
||-
13,713
18,309|
||32,022|
For the year in question, the Charitable Incorporated Organisation was entitled to exemption from an audit under section 477 of the Companies Act 2006.
The trustees have not required the Charitable Incorporated Organisation to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements were approved and authorised for issue by the Board on and signed on its behalf by:
Neil Jewsbury Neil Jewsbury (Jan 30, 2025 11:28 GMT) **Mr Neil Jewsbury Trustee** DATE Jan 30, 2025
The notes on pages 11 to 16 form part of these financial statements.
11
## **THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
|**1**
**OTHER INCOME**
**Unrestricted income**
Grants received
Other income
**2**
**VOLUNTARY INCOME**
**Unrestricted income**
General donations
**Designated income**
General donations
**Restricted income**
General donations|**2024**
**£**
2,000
106
2,106
**2024**
**£**
48,958
1,291
508
50,757|**2023**
**£**
-
-|
|---|---|---|
|||-|
|||**2023**
**£**
47,426
5,125
-|
|||52,551|
## **3 STAFF PARTICULARS**
The Mintridge Foundation had 2 employees during the financial period (year ended 31 March 2023: 2 employees). No employees received employee benefits in excess of £60,000 (2023: Nil).
## **4 COST OF CHARITABLE ACTIVITIES**
|**Unrestricted expenditure**
Sporting programs
**Designated expenditure**
Sporting programs
**Restricted expenditure**
Sporting programs|**2024**
**2023**
**£**
**£**
688
39,393
-
-
-
-
688
39,393|
|---|---|
12
**THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
## **5 COST OF RAISING FUNDS**
|||**2024**||||**2023**|||
|---|---|---|---|---|---|---|---|---|
||Unrestricted
Funds|Designated
Funds|Restricted
Funds|Total|Unrestricted
Funds
Designated
Funds
Restricted
Funds|||Total|
||£|£|£|£|£|£|£|£|
|Fundraising expenses|7,606|-|-|7,606|8,725|5,638|-|14,363|
|Programme expenses|33,949|3,492|-|37,441|17,924|-|-|17,924|
|Ambassadors|16,055|-|-|16,055|12,064|-|-|12,064|
||57,610|3,492|-|61,102|38,713|5,638|-|44,351|
|**6**
**SUPPORT COSTS**|||||||||
|||**2024**||||**2023**|||
||Unrestricted
Funds|Designated
Funds|
Restricted
Funds|Total|Unrestricted
Funds|Designated
Funds|Restricted
Funds|Total|
||£|£|£|£|£|£|£|£|
|Training|26|-|-|26|991|-|-|991|
|Staff salaries|57,956|560|-|58,516|35,746|4,926|-|40,672|
|Staff NIC|565|-|-|565|659|212|-|871|
|Staff pensions|1,755|-|-|1,755|1,408|344|-|1,752|
|Consultancy costs|12,042|-|-|12,042|155|-|-|155|
||72,344|560|-|72,904|38,959|5,482|-|44,441|
## **6 SUPPORT COSTS**
No trustees received remuneration during the year (2023: none)
13
**THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
## **7 OFFICE COSTS**
|General office expenditure
Bank charges and interest
Independent examiner's fees
Travel & subsistence|Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
£
£
£
£
£
£
£
£
10,831
878
-
11,709
5,956
-
-
5,956
733
-
-
733
872
-
-
872
-
-
-
-
-
-
-
-
-
-
-
-
332
-
-
332
11,564
878
-
12,442
7,160
-
-
7,160
**2024**
**2023**|
|---|---|
## **8 OFFICE EQUIPMENT**
|**Cost**
At 31 March 2023
Additions
At 31 March 2024
**Depreciation**
At 31 March 2023
Charge
At 31 March 2024
**Net Book Value**
At 31 March 2024
At 31 March 2023|**£**
2,877
-|
|---|---|
||2,877
2,493
127|
||2,620|
||257|
|||
||384|
## **9 DEBTORS**
|Trade debtors
Other debtors
Accrued income|**2024**
**2023**
**£**
**£**
18,714
6,645
25,716
25,717
-
-
44,430
32,362|
|---|---|
14
**THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
## **10 CASH AT BANK AND IN HAND**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|Cash at bank|55,671|33,102|
## **11 TAXATION**
The Charitable Incorporated Organisation is a registered charity and as such is not normally liable to corporation tax.
## **12 CREDITORS**
|**12 CREDITORS**|||
|---|---|---|
|**Due within one year**
Bank loans and overdrafts
Trade creditors
Other taxation and social security
Other creditors
Accruals
**Due after one year**
Loans|**2024**
**£**
-
3,125
1,587
-
-
4,712
19,023|**2023**
**£**
-
4,115
1,908
-
-|
|||6,023|
|||27,803|
|**13 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**Restricted**
**Fund**
**£**
Non-current assets
-
Current assets
-
Non-current liabilities
-
Current liabilities
-
-|**Designated**
**Fund**
**£**
-
-
-
-
-|**Unrestricted**
**Fund**
**Total**
**£**
**£**
257
257
100,101
100,101
(19,023)
(19,023)
(4,712)
(4,712)
76,623
76,623|
|---|---|---|
15
**THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
## **14 MOVEMENT IN FUNDS**
|**Restricted funds**
**Designated funds**
**Unrestricted funds**
General fund
Total funds|**At 31 March**
**2023**
**£**
-
13,713
18,309
32,022|**Income**
**£**
508
1,291
189,938
191,737|**Expenditure**
**£**
-
(4,930)
(142,206)
(147,136)|**Transfer**
**between funds**
**At 31 March**
**2024**
**£**
**£**
-
508
-
10,074
-
66,041
-
76,623|
|---|---|---|---|---|
Designated Funds include:
- The Max Hunter Fund – for sport and mental health
## **15 ULTIMATE CONTROLLING PARTY**
The ultimate controlling party is the trustees.
16
**THE MINTRIDGE FOUNDATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2024**
`
## **16 STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2024**
|**Incoming resources**
Incoming resources from generated funds
Other income
Voluntary Income
Incoming resources from charitable activities
**Total incoming resources**
**Resources expended**
Charitable activities
Raising funds
Support costs
Office costs
**Total resources expended**
**Net incoming/(outgoing) resources**
**Transfer between funds**
**Fund balances brought forward**
**Fund balances carried forward**|Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
£
£
£
£
2,106
-
-
2,106
48,958
1,291
508
50,757
138,874
-
-
138,874
**Period ended 31 March 2024**|
|---|---|
||189,938
1,291
508
191,737|
||688
-
-
688
57,610
3,492
-
61,102
72,344
560
-
72,904
11,564
878
-
12,442|
||142,206
4,930
-
147,136|
||47,732
(3,639)
508
44,601
-
-|
||18,309
13,713
-
32,022|
||66,041
10,074
508
76,623|
17
## The Mintridge Foundation Annual Report for year ended 31 Mar 2024 Final
Final Audit Report
2025-01-30
Created: 2025-01-29 By: ZUZANA MOSNAK (zuzana@affinity-limited.co.uk) Status: Signed Transaction ID: CBJCHBCAABAACWiK1Q37uAb908haPOW1c2On3R1pkrmu
## "The Mintridge Foundation Annual Report for year ended 31 Mar 2024 Final" History
Document created by ZUZANA MOSNAK (zuzana@affinity-limited.co.uk)
2025-01-29 - 11:04:57 AM GMT- IP address: 172.167.169.217
## Document emailed to yasmin@affinity-limited.co.uk for signature
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## Email viewed by yasmin@affinity-limited.co.uk
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- Signer yasmin@affinity-limited.co.uk entered name at signing as Yasmin Shaikh
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## Document e-signed by Yasmin Shaikh (yasmin@affinity-limited.co.uk)
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## Document emailed to neil.jewsbury@tesco.com for signature
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## Email viewed by neil.jewsbury@tesco.com
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Signer neil.jewsbury@tesco.com entered name at signing as Neil Jewsbury
2025-01-30 - 11:28:13 AM GMT- IP address: 82.71.197.86
## Document e-signed by Neil Jewsbury (neil.jewsbury@tesco.com)
Signature Date: 2025-01-30 - 11:28:15 AM GMT - Time Source: server- IP address: 82.71.197.86
## Agreement completed.
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