The Sir Robert Ogden Charitable Foundation Unaudited finanaal statements for the year ended 31 December 2023 Chariry Number 1180422
The Sir Robert Ogden Charitable Foundation Contents P•8e No Reference and administrative detsi]s of the chlty. its Trustees. and advisors Tru5tees' report Independeni examlners report Statement offinandal athities BaLance Sheet Staternent of Cash Flows Notes to the financial ststements io
The Sir Robert Ogden Charitable Foundation Reference and adminlstrative details of the Charity, its Trustees, and advfisors Year ended 31 December2023 12dyAna Ogden MalcDlTh Lyn(h (2ppointed 22 Novernber2023) itawebsdale [apintEd 23 sePtber 2024) Justin Garnert {resi8ned 23 Septernber20241 IarItyresISteed number 1180422 Saffery LLP 10 Wellington Place ISI 4AP Re8i*rtd Office 30VictoriaAvenue Harrogate NDrth YorkshirE HGI SPR
The Sir Robert Ogden Charitable Foundation Trustees. report Year ended 31 December 2023 Report of the Trustees for the year ended 31 December 2023 Thetrustees presenttheirannual reporttogetherwith the finanaal statementsoFtheCharity forthe year ended 31 December 2023. Oblecdves and activitles Pollcles and objertives The objectives olthe Sir Robertogden Foundation aTe: a) To promote, for the publlt benefiL the relief of human suffering from illness, through the proviston Df medlcal buildlngs In rhe county o(York5hire, England. b) To finance buildings and other medical project& for the public henefiL on the campus of the University of Leeds in YorkshiTr. England, for the medical education3] advancement of the students. In setting objectives and planning for activities. the Trustees have Biven due consideration to general guidance published by the charity Commi55ion relaling to public benefit. iTldillg the guldance 'Public benefitr. running a charity (PB2)'. b.AchieveJnents undertaken to achleve objectlves The Tnain area of charitable actfjvfjty i5 the provision of grants to projects that support the prirnary objectives of the charity. L ljse of volunteers The charity is dependent on the voluntary work OF the trustees in administering its funds. As thls work has tangible value this is notrecognised in the financlal statements. Achlevements and perfornwice Key performance indicato During the year, the charity received £239.593 (2022= £2.953) in donations including gift aid. £431.823 . £44n 1 60) A jETrrihutpA Mwxrd% charitable activides. The chariry has £18,107 [2022.. £207.7391 of unrestrirted fun&s at the year end. b. Revlew of artlvftles Funds have then been distributed to Macmillan Cancer Support in line with the priTnary objectives of the chariry as contribudons ro the funding olthe bullding of rhe Slr Robert Ogden Macmillan Centre for the treatment of cancer In Northallerton wTrLich was completed in December 2018. Flnanclal review a. Golng conrern The Trustees have constdered the impact of the current econotnic environrnent on the Charity's iwtcome and beneficiarie& The Trustees consider that the level of reseThes for the charity are adequate. The Trnstees conunue to adoptthe going concern basis ofprepardtion for these flnancial Statements.
The Sir Robert Ogden Charitable Foundation Trustees. report Year ended 31 December 2023 Reserves poilcy The policy ol the charity is to Jnainiain suffiaent working capitat to allow the trustees to carry out the objecthves of the charity. At the period end the Trust has restricted reserves of £nil {2022.. £nil). unre5trirted reserves of £18.107 (2022.. £207.739] and free reserves of £18.107 (2022.. £207,739J. c. Prlnclpal Risks and uncertalnties The trustees have not identified any signifiLantrisks associated with the aCtIrieS of the charity. The reserves are at an appropriate level to adequately cover the lrnmediate commltments as they stand and the trustee5 are satisfied that the funding for future COL1t[nents has been secure(L StruLturei governance. and management . Constitution The Sir Robert Ogden Charitsble Foundation Is a Charitable Incorporated Organlsatlon {CIO]. The CIO is constituted under 3 Constitution dated 24 October 2018, with a Charity Reference Number of 1180422 and its incorpordtion is recorded at Companies House under number CE015449. Methods ofappolntment or electlon of Trnstees The anage[nellt ol the Charity is the responsibility of the Trustees who are elerted and co-opted under the terms of the Trusi Dee(L c. Induction and trnining ofTrustees Following 3ppointmenL new Trustees will be introduced to their new role and given copies of the Trust Deed. A number of publfications from the Charfty Comtnission will also be provlded. Trustees are aware that itis their responslbllityto keepabreastofdevelopments in relation to thegovernance of Charities under the Charities Art 2011. IL OrganisatiDnal structure and deci5ion-making policies The charity currentlyhas three trustee5who Tesponsible forthe strateg(cdirection of the charSty. Responsibility for the day-to-day management of the charity is shared amongst the trustees. Plans for fvture periods The charity plans to contlnue to support a number of exlsting charAtles. In addidon the charity will consider donafing to a new charitsble cause if the trustees agree as to the benefit of the donation and the relevance regarding the aims of the charity. Fundratsing The charity does TLOt undertake fundraisingand therefore does not need to complywlth fundralslng disclosures.
The Sir Robert Ogden Charitable Foundation Trustees. report Year ended 31 December 2023 Statement ofTtee5. responsibA]ides The Trustees are responsible for preparing the Trustees. report and financial statements in accordance with applicable law atld UThited Kingdom Accounting Standard5 [United Kingdom Genet711y Accepted Accounting Practice). The law appllcable to charities in England and Wales requires the Trustee5 to prepare financial Statements for each financial year whlch glve a true and fair view ofthe state of affairs of the charlty and of its incoming resourcesand application olresourcesof the charity forthat period. In PTeparing these financial statements. the Trustees are required to: Selert suitable accounting poliaes and apply them consistently,- Observe the method5 and principles of the Charittcs SORP IFRE 102): Make judgments and accounting estimates that are reasonable and prudent: stste whether applicable UK Accounting Srandards {FtL% 1021 have been followed, 5ubjectto any Tnaterial departures disclosed and explained in the financial statements: Prepare the financlal ststements on the going concern basis unless it is in3ppropriate to presume the Charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose w5th rea50nable accuracy at any time the financial position of the charity and enable them to ensure that the financlal statements comply with the CharitiesAct 2011. applicable3c£ounting regulations and the provlslons of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasotlable Steps for the prevention and detection of fraud and other irregularitie& Approved by order of the members ofthe board ofTrustee5 and signed on their behalf by. dy Ana Ogde LTrusteeJ Date:
The Sir Robert Ogden Charitable Foundation Independent examiner's report Year ended 31 Decetnber 2023 Independetst examinevs report to the trustees of The Str Robert Ogden Charitable Foundation ('the Compan) I report to the trustees on my examination ofthe accounts of the Foundation for the year ended 31 Dernber20z3. Respecllve Re5pottslblildes of trustees and ezamlner As the charitytru5tees of the Trustyou are responsible for the preparntion of the accounts in accordance with the requirements of the Charities Att 2011 Cthe Artl. I report In respert ofmyex3rninatlon ofthe TTusVs accounts carried out undersection 145 ofthe 2011 Artand in 13rrylng our my examination I have followed all the applicable Directions given by the Charity Commission undersection 145(5)(b) of the ACL Basts of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commi55iOtL An examination iT]cludes a review ofthe accounting rceords kept by the chariry and a comparison of the accounts presented with those record5. It also includes consideran.on ofany unusual items or disclosures in the accounts. and seeking explanations from you as trustee5 concernlng any such matters. The procedures undertaken do not provlde all the evidence that would be required in an audlt and consequently no opiniorl is given as to whether the accounts present a'trne and fair wew, and the report i5 limited ro those matters set out itl the sratemeTht below. Independent examinerfs statement I have completed my ex3rnination. I confim that material matters have come to tny attention in connertion with the examination giving me use to believe that in any material respect.. accountiDg records were not kept in respect of the Trust as required by sects.on 130 of the Act,. or the accounts do not accord with those recoTds: or the accounts do not comply wth the applioble requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirementthat the accounts give a'rrue and fairview'which is not a matter cutlsidered as part of an independent examination. I have no concerns and have come across no other matters in conllection with the exarnination to which attention should be drawn in this report ID orderto enable a proper UndetandIng ofthe accounts to be reache
The Sir Robert Ogden Charitable Foundation Independent examinerfs report Year ended 31 December 2023 Sfgned: Dated: [.fyJ LLP 15 ooctrr 2024 SaiiyAppleton 10 Wellin8ton M . edS Lsi 4AP
The Sir Robert Ogden Charitable Foundation Statement of financial artivities Year ended 31 Decenlber 2023 Unrestslrted fund3 Z023 Total funds 2023 Total tunds 2022 Note Income from Charitsble artRvSties Investment Income Other income Total income 239.593 2.S98 239593 2.598 2.953 1,182 loo.000 104.135 242.191 242.191 Expendlture on Charitable activities Total expenditure 431.823 431.823 431,823 431 23 440.168 Net rnovement sn funds Recondllation of fund5 Total fvnds brought fonyard Net movement in hjnds 189 632 189.63Z 336.033 Z07.739 {189.632) 207,739 543,772 (189.632) (336.033) Total funds caled forward 18.107 18,107 207,739 The StatementoffitWLcial activits.es includes all gains and105ses recognised in the year. The notes on pages 10 to 15 fonn partof these financlal statement&
The Sir Robert Ogden Charitable Foundation Balance sheet Year ended 31 December 2023 Note 20Z3 2022 Currentassets Cash at bank and in hand 25.757 25.757 210.489 210.489 Creditors.. amounts falling due within oneyear Netcurrelltassrfs Total netassets 750 18.107 207.739 207 739 Charity tUDds Restrirted ndS Unrestricted funds li li 18,107 18,107 207,739 207,739 The financial 5tatetnents on pages 7 to 15 were approved and authorised for issue by the Trustees and signed on their behalfby-. tady Ana Ogden (Trustee) Date: 7 October 2024 Thp notes on pages 10 to 15 form part of these finanaal statements.
The Sir Robert Ogden Charitable Foundation Statement of Cash Flows Year ended 31 December Z023 31 December 20Z3 31 Decejnber Z022 Cosh flows from operdtlng actmtlep. Net lexpenditure)/income forthe financial perlod Adjustments for. Derre35e/(increase) in debtors (Decrease)Ilncrease in credltors (189,632] {336.033) 214.750 (1.250) 4.900 Net ¢ash ed ID operating artItieS (184.732) (IZ2.533) Change In cash and equivalents In the period (184.732) (122,533) Cash and casFL equivalents atthe beginning olthe period 210.489 333,022 Cash and tash equivalents at the end of thè perlod 25.757 210.489
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 General Infonna¢ion The Sir Robert Ogden Charitsble Foundation is a charitable itlcoryorated organisattho The trust is a registered charity in England charity llumber 1180422. The principal office is 30 Victoria Avenue. Harrogate. HGI SPIL Accountlng poliaes Basls of prepara¢lon offinandal 51alernents The financial sraremenL8 have been prepared in accordance wlth the Charides SORP (F[ 102)- Accounting and Reporting by Charit5es.. Statement of Recommended practice applicable to charities preparingtheiraccounts in accordancewith the Firn¢la1 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effertive I lanuary 2019}, the Financial Rewrting Standard applioble in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011. The fjnancial ststernents have been PTepared togive a'true and fairf view3nd have departed frotn the Charities [Accounts and Reportsl Regulatson5 2008 only to the oxtent required to provide a 'true and fair. view. Thi5 departure has involved following the Charities SORP (FRS 102) published In October 2019 rather than rhe Accounting and Reporting by Charfties.. Statement of Recomrnended Practice effecbve from l April 2005 whlch h&s been withdrawn. The Sir Robert Ogden Charit2ble Foundation meers the definition of a public benefii entity under FRS 102. Assets and liabilities are initially recognised ar historical costs or transaction value unless otheise ststed in the relevantaccounting policy. 2.2 Golng concern The Trustees have considered the impact olthe current economic environment on the Charitys income and beneficiarie& The Trustees consider that the level of reserves for the charity are adequate. The Trustees continuE to adopt the going concern basis of preparation for these Income All income is recognised ontr the Charity has enttdernent to the income. it 15 probable that the Income will be received. and the amount of Income receiwable be measured Teliably. The recognition of income from legacies is dependenton establishit]gentit]emenL the probabllity of receipr and the ability to estimate with suificientaccur4cy the amount receivable. Evidence of entitlernent to a legacy exists when the Charity has sufficient eviden that a gift has been left to thern (through knowledge of the existence of a valid will and the death of the benefartor] and the executor is satisfied that the property in question will not be required to satisfy claims in the estste. Receipt of a legacymustbe recognised when itis probable that itswll be received and the fairvalue of the amount recelvable, which will generallybe theexpected cash amount to be distributed to the Charity. can be reliably measured. Grdnts are included itt the st3Ment of financial activities on a receivable basts. The balance of income received forspecific purposes buLnotexpendedduring the period is shown in the relevant funds on the Balance sheeL Where incorne is received in advance of entitlement of receip¢ its recognition is defertEd and included in creditors &$ dèferred income. whe entitletnent occurs before income is received. the income is accrued. io
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 Wbere the donated good is a red asse¢ it is measured at fair value, unle55 It 15 Iinpractical to measure this rellably. in which case the cost of the item to the donor should be used. The gain is recognisedas iucome ttvm donations and a corresponding amount Is included in the appropriate fixed asset class and depreciated over the useful economic lile in accordance with the Chari5 accounts.ng policie& On recelpt donated professlon31 servlces and facilittes are recog1sed on the basts of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain Services or facilities of equivalent economic benefit on the open rnarket,. a corresponding amount is thern recognised ID expenditure in the period ofreceipL Income tax recoverdble in relation to donations received under Gift Aid or deeds of covenant is Tecognised atthe time of donation. Income tax recoverable in relation to investmentina)me is recognised atthe time the investment income is receivable. 2A ExpendltUTe Expenditure is recognised once there Is a legal OT constructive obligation to transfer economlc benefit to a thlrd party. it is prob2blÈ that a transfer ol economlc benefits will be required in settlementand the amount of the obligation can be measured reliably. Expenditure is elasslfied by activity. The costs of each arti7Ary are Tnade up of the total of direci cosrs and shared costs, includiThgsupportCOSts involved in undertaldng each acuvity- Dlrect costs attriburable to a slngie attivity are allorated direcdy to that artlvlty. Expenditure of rharitable activities is incurred on direcriy undertaking the activities which further tbe ChariW5 objectives as well as any associated support Costs. Ail expenditure is inclusive of irre¢oYerableVAT. Is Inte$t recelvablo Interest on funds held on deposit is included when receivable and the amount can be rneasured reliably by the Charity,, this is normally upon nottfication of the interest paid or payable by the institution with whom the funds are deposited. Taxation The Chariry Is considered to pass the rest set out in Paragraph I Schedule 6 of the Winance Act 2010 and therefore it tneets the definition of a charitable COTnpany for UK corporation tax purposes. Accordingly. the Charity Is potentially exernpt trom taxats.on In respect of incorne or capital gains received within categories covered by Chapter 3 Part 11 of tlie Corporation Tax Act 2010 or Section 256 oftheTaxation of Chargeable Gain5 Act 1992, to the extent that such income or gains are applied exclusively to charitable purpose& Dehtors Trddeand otherdebtors arerecognisedatthesettlementamountafteranytrddediscoulltoffere Prepayments are valued at the mount prepaid netof any trade dlscounts due. li
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 18 Cash at bankand in hand Cash at bank and in hand include5 L3sh and 5hort-term highly liquid investments with a shorr maturity of three mODth5 or less from the dare ofacqui5itioll or openiDg of the deposit or similar account Llablllttèsand provisions Liabilities are recognised when there is an obligdtionatthe Balan sheetdate as a resultofa pa evenL it is probable that a transfer of economic benefit will be required in settiemenL and the amount of the settlernentcan be estitnate reliably. Liabilities are recognised atthe amount the Charity anticip3te% itwill pay to sett]e the debt orthe amount it has received as advance payments for the goods and services it must provide. Provisbons are Tneasured at the best estimate of the arnounts required to setde the obligation. whe the effert of the time value of money is materKal. the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specifit to the liability. The unwinding of tho discount is recognised in the Ststement of finanaal activttie5 as a finan CDSL 2.10 FIlland Instruments The Chariryonly has financial assetsand financial liabilities of a kj.nd thatquallfyas basic fLnancial Insrruments. Basic financial instruments are initially recognised at Thnsaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently rneasured atamorused costs usingthe effective interest metho Z.11 Fund accouDUDg General funds are unrestrlcd funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not bee designated for Restricted funds are ndS whlch a to be used in accordance with specÉfic restrictions imposed by donors or which have been raised by the Charity lor particular purposes. The costs of raising and administering such fvnds are charged against the 5peafic hind. The aim and use of each restricted fiind 18 set out in the notes to the financial ststements. Investment irtcome. gaiTLS and losses are allordted to the appropriate Income from cbaritable artlvltles Total nds 2D23 Totsl funds 2022 tunds 2023 Donattons received 239,593 239 593 239,593 239 593 2.953 2.953 Total 2022 2.953 2.953 12
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 lllcome from inveslment artivitie5 Total fuDds 2023 Total fun ZOZ2 Dds 2023 Bank Interest received 2,598 1.182 Total 2022 1.182 Analysls of expendtture on charitable artiyities Total fvnds 2023 Total funds 2022 funds Z023 Dlrectcosts Grants Supportamdgovernance Legal fees Independent examination fee Support Costs Bank charges 425.000 4Z5,000 430,000 2.915 2.915 2,918 Z,918 899 899 92 92 431 431823 23 3.550 6,600 18 440.168 Total 2022 440.168 440.168 A graDt of £425.(KJO (2022: £425.000) was paid to Macmillan Cancersupport during theyear. AudltOT and IndepeDdeDt examlnevs remuneratlon 20Z3 2022 Independent examination of tlLe Cbaritys annual accounts 3,5SO Tntee5, remuDeratiOD and e4Jen5e5 During the year ended 31 December 2023, no Trustees received any Temuneraoon or other benefits [2022: £rLiI). Durirhg theyearended 31 December 2023, no Trustee expenses have been Incurred [2022: £nil), 13
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 Employees There were no employees during the year (20ZZ: nil) There were also tLO erllployee5 who reiVed employee benefits 0fore than £60.000. Creditors 2023 2022 Amounts falling due wlthln oneyear ACtnlS and deferred Income 7,650 io. Statement olfunds Statementoffvnds- CWTentyear Balance at I laDuary 2023 Income Expettdlture Balance at 31 December 2023 General funds 207.739 242.192 (43124) 18.107 StatÈmentoffvnds- prforYr Balance at 31 D*cember 2022 I january 2022 General runds 543,772 4.135 (340,168) 207.739 14
The Sir Robert Ogden Charitable Foundation Notes to the financial statements Year ended 31 December 2023 ii. Analysis olnetassets between fwid5 Ana4ryls ofnetassets betweenfvnds- cufftntpertod Total funds 2023 nds 2023 Currentassets Creditors due within oneyear Tot81 25.757 .6SO 25,757 7.650 18,107 Analysls 0fnetots betweenfvnds-prlorperl Ullrestrfcted funds 2022 Total funds 2022 Current assets Creditors thie within oneyear Toral 210,489 2.750 207,739 ZIO,489 2,750 207.739 12. Related partytronsartfioRLs During the period. the charity has entered into the followingtransactions with related parties: Sir Robert Ogden Estates Limited 2023 2022 DonatioD5 received 230,000 230AIOO Sir Robert Ogden E5tstes Umlted and the Sir Robert Ogden Charltable Foundation have common directorsltrustees. During the year tady Ogden. a trustee. made a donation to the Sir Robert Ogden CharRtable Foundation of £5.100 [2022- £nil]. mColm Lyncb, a trustee. is a partner at Wrigley5 Solicitots LLP whose firni provides advice to the Charity in accordance with the Charitys Conslltution. During the year expenses of £2,915 were incurred Wrigleys Solicitors ILP (2022: £nil). 15