2021-12-31-accounts

Contents	PageNo
ReferenceandadministrativedetailsoftheCharity,itsTrustees,andadvisors
Trustees’report
Independentauditor'sreport
Balancesheet
StatementofCashFlows	11
Notestothefinancialstatements	12

The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2021

b. Reserves policy

The policy of the charity is to maintain sufficient working capital to allow the trustees to carry out the objectives of the charity. At the period end the Trust has restricted reserves of £nil (2020: £nil), unrestricted reserves of £543,772 (2020: £428) and free reserves of £543,772 (2020: £428).

c. Principal Risks and uncertainties

The trustees have not identified any significant risks associated with the activities of the charity. The reserves are at an appropriate level to adequately cover the immediate commitments as they stand and the trustees are satisfied that the funding for future commitments has been secured.

Structure, governance, and management

a. Constitution

The Sir Robert Ogden Charitable Foundation is a Charitable Incorporated Organisation (CIO). The CIO is constituted under a Trust deed dated 24 October 2018, with a Charity reference number of 1180422 and a company number of CE015449.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust Deed.

c. Induction and training of Trustees

Following appointment, new Trustees will be introduced to their new role and given copies of the Trust Deed. A number of publications from the Charity Commission will also be provided. Trustees are aware that it is their responsibility to keep abreast of developments in relation to the governance of Charities under the Charities Act 2011.

d. Organisational structure and decision-making policies

The charity currently has one trustee who is responsible for the strategic direction of the charity. Post year end 2 additional Co-Trustees are due to be appointed. Responsibility for the day-to-day management of the charity is shared amongst the trustees.

Plans for future periods

The charity plans to continue to support a number of existing charities. In addition the charity will consider donating to a new charitable cause if the trustees agree as to the benefit of the donation and the relevance regarding the aims of the charity.

Fundraising

The charity does not undertake fundraising and therefore does not need to comply with fundraising disclosures.

3

01.11.22

3 November 2022

		Unrestricted	Total
	Note	funds	funds
		2021	2021
		£	£
Incomefrom
Charitableactivities	3	1,074,261	1,074,261	349,315
Totalincome		1,074,261	1,074,261	349,315
Expenditureon
Charitableactivities	4	530,817	530,917	426,025
Totalexpenditure		530,917	530,917	426,025
Netmovementinfunds		543,344	543,344	(76,710)
Reconciliationoffunds
Totalfundsbrought forward		428	428	77,138
Netmovementinfunds		543,344	543,344	(76,710)
Totalfundscarriedforward		543,772	543,772	428

01.11.22

	31December2021	31December2020
	£	£
Cashflowsfromoperatingactivities:
Net(expenditure)/incomeforthefinancialperiod	543,344	(76,710)
Adjustmentsfor:
Decrease/(increase)indebtors	(214,750)	78,125
Increaseincreditors	2,000	1,000
Netcashusedinoperatingactivities	330,594	2,415
Changeincashandcashequivalentsintheperiod	330,594	2,415
Cashandcashequivalentsatthebeginningoftheperiod	2,428	13
Cashandcashequivalentsattheendoftheperiod	333,022	2,428

	Unrestricted	Total	Total
	funds	funds	funds
	2021	2021	2020
	£	£	£
Donationsreceived	859,511	859,511	346,315
Legacies	-	-	3,000
GiftAid	214,750	214,750	-
	1,074,261	1,074,261	349,315
Total2020	349,315	349,315

	Unrestricted	Total	Total
	funds	funds	funds
	2021	2021	2020
	£	£	£
Donations	527,100	527,100	425,000
Audit/Independentexaminationfee	3,800	3,800	1,000
Bankcharges	17	17	25
	530,917	530,917	426,025
Total2020	426,025	426,025

	2021	2020
	£	£
FeespayabletotheCharity’sauditer/independentexaminerfor
theaudit/independentexaminationoftheCharity’sannual	3,800	1,000
accounts

		2021	2020
		£	£
	Duewithinoneyear
	Giftaidclaim	214,750	-
		214,750	-
9.	Creditors
		2021	2020
		£	£
	Amountsfallingduewithinone year
	Accrualsanddeferredincome	4,000	2,000
10.	Statementoffunds

	Balanceat	Income	Expenditure	Balanceat
	1January			31December
	2021			2021
	£	£	£	£
Generalfunds	428	1,074,261	(530,917)	543,772
Statementoffunds	-prioryear
	Balanceat	Income	Expenditure	Balanceat
	1January			31December
	2020			2020
	£	£	£	£
Generalfunds	77,318	349,315	(426,025)	428

			Unrestricted	Total
			funds	funds
			2021	2021
Current Creditors Total	assets due	withinoneyear	£ 547,772 (4,000) 543,72	£ 547,772 (4,000) 543,772

			Unrestricted	Total
			funds	funds
			2020	2020
			£	£
Current Creditors Total	assets due	withinoneyear	2,428 (2,000) 428	2,428 (2,000) 428

		2021	2020
	Donationsreceived	£ 859,511	£ 346,315
		859,511	346,315
13.	Postbalancesheetevents