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2023-03-31-accounts

Trustees’ Annual Report for the period

From 01 April 2022 Period start date To 31st March 2023 Period end date

Charity name: Sustainable Nitrogen Foundation

Charity registration number: 1180511

Objectives and Activities

SORP reference
Summary of the purposes
of the charity as set out in
its governing document		 Para 1.17 To advance environmental protection or
improvement for the benefit of the public
by carrying out scientific research into
biological nitrogen fixation and publishing
the useful results, with a few to securing
outcomes in the mitigation of greenhouse
gas emissions and water pollution derived
from nitrogen fertilisers in agriculture.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 For the period the Trustees have sought
grant funding and donations for research
projects to expand the development,
formulation, production and use of
biological nitrogen fixation in small holder
agricultural production.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Trustees have at all times had full
regard to the Charity Commission
guidance on public benefit and have made
decisions consistent with the objects and
purposes of the Foundation.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The Foundation prepared proposals and
applied for grant funding for research
projects in the following countries:
Mauritius, Senegal, Gabon, Kenya and
Rwanda. All the proposals involved
collaboration with local partners.
Funding was sought for each project and
included applications to private donors and
public organisations. The Trustees engaged
and met with representatives of the Bill and
Melinda Gates Foundation and UK Aid. An
application was submitted to the Earthshot
Prize.
A scientific publication was prepared by
representatives of the Foundation and the
UK National Physical Laboratory, and
Manchester and Nottingham Universities on
the use of NanoSIMs microscopy to
examine_in planta_nitrogen fixation. The
results demonstrate that fixed nitrogen
derived from the nitrogen-fixing bacteria
_Gluconacetobacter diazotropicus_colonised
maize, preferentially targeting leaf
chloroplasts. This is a significant
achievement and a global scientific first.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Income: £152.00
Expenditure: £579.00
Total Net Assets: £3,766.00
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 The Charity is a ‘going concern’

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Grant funding and revenues from book
sales of the book entitled ‘Fixed on
Nitrogen’.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees were selected and appointed in
accordance with the Foundation’s Policy for
recruitment and appointment of Trustees.
The Board of Trustees is responsible for
review, selection and appointing by majority
vote of all Trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Sustainable Nitrogen Foundation
Other name the charity uses
Registered charity number 1181105
Charity’s principal address
Cutbush House, White Hall Lane, Saham Toney, Norfolk
IP25 7HB

Names of the charity trustees who manage the charity

Trustee name Office (if
any)		 Dates acted if
not for whole
year		 Name of person (or
body) entitled to
appoint trustee (if
any)
1
2
3
4
5
6
7
8
9
1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0		 Edward
Cocking		 Trustee Founder Foundation
Board
David Dent Trustee &
Chair		 Founder Foundation
Board
Mungo Park Trustee Acted for full
year		 Foundation
Board
Oyinkanasola
Bishi		 Trustee Acted for full
year		 Foundation
Board
Rebecca de
Souza		 Trustee Acted for full
year		 Foundation
Board

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional ~~information)~~

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) David Roy Dent

Position (eg Chair Secretary, Chair, etc)

Date 20th December 2023

Charity Name Charity Name Charity Name Charity Name Charity Name No(if any) No(if any)
Receipts andpayments accounts
For the period
from		 Period start date To Period end date
1st April 2022 31st March 2023
Section A Receipts and payments
Unrestricted
funds		 Restricted funds Endowment
funds		 Total funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Book Sales 26 - - 26
Donations 120 - - 120
Project Income - 0 - - -
IBank Account nterest 6 - - 6
- 0 - - -
- 0 - - -
- 0 - - -
- 0 - - -
Sub total_(Gross income for AR) _
152		 - - 152
A2 Asset and investment sales,
(see table).
- 0 - 0 - 0 -
- 0 - 0 - 0 -
Sub total
- 0		 - 0 - 0 -
**Total receipts **
152		 - 0 - 0 152
A3 Payments
Bank Fees 72 - - 72
Website running costs 120 - - 120
Fundraising - 0 - - -
Legal Advice - 0 - - -
Insurance 387 - - 387
Travel Expenses - 0 - - -
- 0 - - -
- 0 - - -
- 0 - - -
**Sub total **
579		 - - 579
A4 Asset and investment
purchases,(see table)
- 0 - 0 - 0 -
- 0 - 0 - 0 -
**Sub total **
- 0		 - 0 - 0 -
**Totalpayments **
579		 - 0 - 0 579
**Net of receipts/(payments) ** -
427		 - - -
427
A5 Transfers between funds - 0 - - -
A6 Cash funds lastyear end 4,193 - - 4,193
**Cash funds thisyear end **
3,766		 - - 3,766
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds		 Restricted funds
to nearest £ to nearest £
B1 Cash funds Donations and Book Sales 3,766 -
- -

CCXX R1 accounts (SS)

14/12/2023

1

- -
Total cash funds 3,766 -
(agree balances with receipts and payments
account(s))		 OK
Unrestricted
funds		 Restricted funds
Details to nearest £ to nearest £
B2 Other monetary assets - -
- -
- -
- -
- -
- -
Details Fund to which asset
belongs		 Cost (optional)
B3 Investment assets -
-
-
-
-
Details Fund to which asset
belongs		 Cost (optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
-
-
-
-
Details Fund to which
liability relates		 Amount due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf
of all the trustees		 Signature Print Name
DAVID DENT

CCXX R2 accounts (SS)

14/12/2023

2

CC16a
Last year
to the nearest £
19
-
1,236
-
-
-
-
-
1,255
- 0
- 0
1,255
96
30
236
840
387
89
-
-
1,678
- 0
1,678
-
423
-
-
-
423
Endowment
funds
to nearest £
-
-

CCXX R3 accounts (SS)

14/12/2023

3

- OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional)

Date of approval

20/12/23

CCXX R4 accounts (SS)

14/12/2023

4