GOWING FOUNDATION CHARITY COMMISSION REGISTERED NO. 1180936 STATEMENT OF ACCOUNTS for the year ended 30 November 2023 GOWING FOUNDATION Charlty Infomiation Charity number. 1180936 R•g18t•r￿ oifK• Panthera Private off￿ LLP Ademiary House 10-15 Queen Streèt London EC4N 1TX Telephone.. 02038619990 Email.. simon.russell@panthera.co.uk Tru•t Martin Richard G¢xiing William R￿hard Gowing Megan Rose Gowing Simon James Ru88811 Chair Bank•r¥ Molro Bank One Southampton Rtr London WC1B SHA Ind•p•ndont Ex4mln•r K.J. Maggs B.& F.CA Ho8kman Way Spalding PE113HE Page 1 GOWING FOUNDATION Annual Report for the year ended 30 November 2023 The Gowng Foundation fomied by constitukn.on dated 1 November 2018 and was registered in England and Wales as a Charitsble Incorporated Organisation on the 30 November 2018 with charity register*J number 1180936. The objects of the charty Shall be the adVant￿Ont of charitable purp)ses (according to the law of England & Wales) for the benefit of the public. as the tTUStees see fft from time to lime, in p8rticulaT but not limited lo, making grants to chantw, or other organisations Of indiwduals wort¢ing to adv8nce cfiaritable wrFoses. such that communty part￿*patiOn in heatthy recreati￿ for children and young adults is promoled. Th¢ Charity is administw￿ by Trusts¢$ and their are detem)in&J by th8 Con8tstution dated 1 November 2018. The tru8te88 who are al80 th8 memtws and 8eryed the charity during the ￿ar are detailed on Page 1. New trustees are oppointed by the current trustees fri>m people over 16 who have 8hown a keen intw&st in Ihg work of the charrty and havg abilit￿ required on the g)vernirKJ boty. The Ix)ard shall consist of at least three truste06 and at I￿1 ¢Th of the trustees musl be 18 years of age or over. When they 8re inducted the trustees are pr88ented wth a Cufrent CLW of the con8ts'lulion and latest annual report and financial statement& Tru•t•o• rn•pon•lbllbll•• The Trusloes are ffjquired to prepare financial statements for e￿h financial period which 9Ne a true and fair view of the slate of affair8 of the Charty and of its income and expend¢ture for that pgri&d. In preparing Ihosg financkg18latements, the Twsteo¥ aro rtyuirgd to.. #elect 8uitable accountirwJ poI￿leS and then ap￿ them con8tstenty. make iudgemonts and e$ts"mates that are rea8onabla and prudanl. $ts1o whether appli¢8ble accounting Standards statements of recommended practice have been followed, suL¥"ect to any departur&s disdosed and exFAained in the financial statements; and prepare the financi81 statements on the wng concem bas￿ unle8S it is inappropriate to presume that the charity wll continue in OF￿atron. The Iruslees are responsible for kee￿￿9 ￿cOurrtlng records ¥￿Ich dtsdose with reasonabl8 accuracy the tlnaneial po8rtion of the charty and wttlch enable them tt) enslsre that tho flnanclal statements comply with the Charibes Act 2011. Achlevwn•Trts* p•rfOrM•n￿ •nd d•velopm•nt• The foundation has generated income and award￿1 grants uTrJer it¥ formal Grant making poly as Shown within the financial stal8merts. The chanty has bgen ablg to offer support the folhying main charil*s. St Franc18 Hospicè- is one of the largest &luft Iytces in Ihe UK 8nd has been operatsng for over 35 years. The hospi￿ specwlises in providing care for any ￿rsOn, from any faith or Gu￿Ula1 background, who have been diagnosed with a serious illness who arg living in the Havering, Brentsvood. Barking, D8genhom. Redbrvsje and West Essex areas. The hospice provides a range of free health and Sockel care to those suffeTing the effects of lrfe-limiting illnesses. including supporting C8rer$ and lamity members. The hospice team also prowdes care for pec¢Jle at the end of life. al home and at the hospice. They assess and address spiritual needs. linking in wth k)cal reljgious leaders and we do our b8St to accommodate any specrfic dietary reqLIir￿enl cust(*m or ritU81 that needs lo be upheld. Often faniity and frEnds prowde the bulk of eare, this can be emotionalty and physscalty hard and the stsff offer support to those caring for someone who ts nearing the end of lrfe.. standing ty their side, supporting them with both experience and tare. Page 2 GOWING FOUNDATION Annual Report for the year ended 30 November 2023 Aohl8v•ments. ￿rfornIa￿C0 and dovolopmaTrts Icontinu•d St FranclB Ho8plce Icontinuodl The funding wovKJed has supported their OraJneLin8 appeal to keep the semce provthd. OrangeLine offers confsdential tekphone SUPFXXt for Iccal pa￿18. The Ghanty uses it to help beneficiaries to make Connect￿$, start nv4V friendships or simply provkdo guidance and Irrfomiation. 11 also allows benefickgries to expres¥ ￿11 thoughts and feelNW in confidence bul with the uptmost respect for their privacy. Fln#nclal rnvl•w- r•8•rv8• The rèsults for the charity for the financAal year ar8 dgtail&Y on pages 5 10 7. The charity has no requirement for reserves except for wnding up costs should the charity no longer ba able to meet 115 required levels of funding. All funds are dtstributed to worthwhib causes and the only reserves hehj at any point in time relatss to dLN)atrons recewed are yet lo be granted to the benefi¢iaries. Bèneficiaries appty to the charity for lurKllng when tlw havg $LKh pro1￿ ar￿ are in nègd of additional funds. Golno Conearn The trustees ￿n8thr that th& ch8rty 18 8 wing cwm and wll conb'nue for al le88112 month8 from the dale that they approve these financ*1 statements. Publlc b•n• The Iruslees consider that the obl￿ti￿$ 8nd aclivilw of the Charity are in accordance Y￿h the Charity Commissions, goneral guidance on publ￿ b8nefiL The ¢Jetail$ of Publ￿ benefit arg covered within other area8 of this report especwlty under the heading of'A£hwemènts, perfomi8nc8 and dgvek4)mont8'. Th8 foundation m8ke8 grants lo chanti65, or oth& organisation8 working to thance charrtable purp08es, which gtves benefrt to everyone regardle68 of age. abilty, creed or ethnic orvJin. Rhk a￿a8•mOnt The Iruslee8 have considered the major rlsks to *thich the Cfvar￿ 1$ exFos8d and consider th81 those risks have currently been neglvJibl6. When the charity makes investynents then il will need to r￿addresS those risks and en8uro that 8Uitabl8 mixes are used and a$8ets are covered by adequate insurance. The trustees do have a grant making policy which incorForat8s en8tsring that the in81rtub"on$ to which grants are made arg Suitable and charrtable in their cwn actswties. The ITu$lees have a p)liey to avoid direct indmdual contscl with vulnerable persons and any conlact woukl be with parents, coaches or teachers prewt. FOT and on b8half of the tru51ees'. M.R. Gowlng D8te'. 2710812024 P•Je 3 Independent Examinerfs Report to the Trustees of GOWING FOUNDATION Charlty number: 1180936 I report to the charty on my examination of ￿ accounts of the charity for the ye8r ended 30 November 2023, which are set out on pages S to 7. R•8pon81bilitlos and b4olB ol rnport As the charity tru¥lee8 you are responsible for the preparatKJn of the accounts in accordance with the requirement8 of the Charibe¥ Act 2011 Ilhe W. I report in respect of my examinats'on of the chanty's accounts camed out under section 145 of the Act and in Carrying out my examinalKJn I have folkxèd all the appl￿ble Dwectsons given by the Charity Commission under section 145{5llbl of the Act. IndO￿nd•nt •xamlnerf• Statoment I have ¢cffipleled my examination. I confim that no material matters have cryne to my attentlon in connection with th8 examination giving me cause to beliéve that in any material respect.. 1. accountsng records wore not kept in respact of the chwdy as rw4uired by 8ecbon 130 of the Act., or 2. the accounts do not accord with th08e rK