OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

The FORWARD in FOLKESTONE FOUNDATION

[Charity registered in England and Wales. Registration No. 1180401]

Un-audited Financial Statements for the year to 31st December 2020

The Forward in Folkestone Foundation

A Charity registered in England and Wales. Charity No. 1180401

TRUSTEES ANNUAL REPORT To 31[st ] December 2020

Questions required by the Charity Commission

Income & Spending

The Charity s income during the period to 31[st ] December 2020 was £13227.

For the period of this return, where there any serious incidents that the charity failed to report to the commission?

There were no such incidents.

Does your charity raise funds from the public?

At the present time we do not undertake public fundraising as our funds are provided by three donors.

Does your charity work with a professional fundraiser?

We do not work with Professional Fundraisers.

Does your charity work with a commercial participator?

No.

Is grant making the main way your charity carries out its purposes?

Yes.

During the financial period for this return, did your charity receive income from contracts (other than grant agreements) from central government or a local authority?

No.

During the financial period for this annual return, did the charity receive income from outside of the UK?

No.

Page 1 of 3

The Forward in Folkestone Foundation A Charity registered in England and Wales. Charity No. 1180401

During the financial period for this annual return, did your charity operate outside England and Wales?

No.

When spending money outside England and Wales, did your charity transfer money other than using the regulated banking system?

We do not spend any monies outside England and Wales.

Does the charity have any trading subsidiaries?

No.

During the financial period for this annual return, did any of the trustees receive remuneration or benefits other than expenses incurred?

No.

For what services were any of the trustees paid?

a) paid for being a trustee

b) paid for providing professional advice or services to the charity

c) any other benefit from the charity (for example accommodation, car, holiday). Also include any payments and benefits given to trustees who are paid members of staff

In the period no trustees were paid any monies for any reason by the Charity.

During the period covered by this annual return, did any of the trustees resign and take up employment with the charity?

No.

Did any of your charity's staff receive total employee benefits of £60,000 or more?

No.

Page 2 of 3

The Forward in Folkestone Foundation

A Charity registered in England and Wales. Charity No. 1180401

For your highest paid member of staff only, what was the total value of their employee benefits?

The Charity has no staff.

How many UK volunteers, excluding trustees, did your charity have during the financial period?

None.

During the financial period for this annual return, did your charity review its financial controls?

No.

Has the charity obtained a standard, enhanced, or enhanced with barred lists DBS check on all trustees, employees and volunteers who are in roles that are eligible for these checks?

No.

Report on the year

Payments continued to be received from Donors during the year but when the lockdown was imposed two of the donors decided to cease their contributions. This left the Charity short of funds to pay the monies required to the diocese. On further consideration the Parochial Church Council (PCC) of St Peters has resolved to make up any shortfall in contributions. Under the agreement the PCC cannot pay monies direct to the Diocese but can donate to the Charity. The deficit in the accounts is expected to be rectified by the PCC in 2021.

Payments were received from the donors and the appropriate Gift Aid was recovered.

At the present time this is the only activity of the Foundation and therefore all monies received and paid are restricted funds.

Andrew Goyns Trustee & Treasurer 26[th] October 2021

Page 3 of 3

The Forward in Folkestone Foundation, Accounts for the year to 31st December 2019

BALANCE SHEET

Fixed Assets
Furniture and Fixtures
Tangible Assets
Investments
Total Fixed Assets
Current Assets
Debtors
Deposits and Cash
Bank Account
Current Liabilities
Creditors : (Short term Trade)
Creditors : (Short term Accruals)
Total
Current Assets less Current Liabilities:
Long Term Liabilities
Total Assets less Total Liabilities:
Capital & Reserves
Balance at start of year
Additions/Reductions during the year
P&L Account
Balance at 31/12/2020
Approved by the Trustees and signed on their behalf:
Notes
1
1a
2
3
4
5
Unrestricted
Funds
0
0
Unrestricted
Funds
0
0
Restricted
Funds
Total
0
0
0
0
0
0
0
0
0
11,651
11,651
11,651
11,651
18,123
18,128
0
0
18,123
18,128
11,651
-6,472
4,296
0
7,355
11,651
2020
Prev Yr
2019
0
0
0
0
0
0
0
0
0
0
0
11,583
11,583
0
0
11,583
0
0
0
0
4,296
4,296

Andrew Goyns Obl.CR (Treasurer)

Date: 28th October 2020

Balance Sheet

The Forward in Folkestone Foundation, Accounts for the year to 31st December 2020

Income & Expenditure

Note 2020 2019
Income
Sponsorship income received 6 11,110 9,478
Tax recovered through Gift Aid 7 2,116 2,105
13,227 9,478
Expenditure
Direct Expenses
Charitable Activities 8 5,872 7,287
5,872 7,287
Overheads
0 0
0 0
Net Surplus / (Deficit) 7,355 2,191

P&L

NOTES TO THE FINANCIAL STATEMENTS

Details
Fixed Assets
Furniture and Fixtures
Tangible Assets
Investments
Current Assets
Assets : Short Term (Debtors)
Deposits & Cash:
Bank Current Account:
General Funds
Total
Notes
1
1a
2
3
4
Unrestricted
Funds
0
0
0
0
0
0
0
Unrestricted
Funds
0
0
0
0
0
0
0
Restricted
Funds
Total
0
0
0
0
0
0
0
0
0
0
7,355
7,355
7,355
7,355
2020
2019
Total
0
0
0
0
0
11,583
11,583
Current Liabilities
Creditors (Short Term)
Trade Creditors
Diocese
Total
5 18,123
18,123
18,123
18,123
7,287
7,287
Income
Voluntary Income - Gift Aided Planned Giving
Voluntary Income - All tax recovered through Gift Aid
Expenditure
Charitable Activities - Payments re: Stipend for Mission Priest
6
7
8
0 11,110
11,110
2,116
2,116
13,227
13,227
5,872
5,872
5,872
5,872
9,478
2,105
11,583
7,287
7,287

Notes