Mister Gees Foundation Report and Financial Statements Year ended= 31 March 2024 Charlty no.. 1181204
Mister Gees Foundation Contents Report of the Trustee5 Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statement5 Detalled Statement of Flnantial Actlvitles
Mister Gees Foundation Report of the trustee5 for the year ended 31 March 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisii)ns of the Statement of Recommended Pr8Ctice ISORPI"Ac£cuntinE and Reportlng by Charltles- IFRS 1021 Sn preparlngthe annual report and ftn3ncial statements of the ch3rity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Chaty Number 1181204 Principle addre55 3 Warwick Parade South Woodham Ferrers Essex CM3 SJT Trustee$ Mr Douglas Gree Mrs Mary Thornhlll Ms Patricia Mary Speller Ms Chri5tal SpraBgQTh Mi55 Eli2abeth Green Mr lan Pryke Independent Examlner Pocknells LLP 46 Hullbridge Road South Woodham Ferrers Essex CM3 5NG STRUCTLIRI GOVERNANCÉ AND MANAGEMENT Govemlng Document The charlty is controlled by 515 govemlng document. 3 deed of trust, and constitutes a Charitsble Incorporated Organlsatlon. Organisational 5trurture The charity 15 administered and managed in arcordance with its constlttjtlon by slx trustees and funding is granted after due diligence and consideration by their consen5US. Risk management The trustees have a duty to identify and review the ri5k5 to which the charity 15 eMp05ed and to ensure appropriate contro15 are in place to provide reasonable assurance against fraud and error. OBJECTIVES ANO AcfiviTIES Objective5 im5 The ch8tity'5 objects {'Ihe objects.? aTe'. l ) The advancement of ¢ducatson for young p¢opl¢ in the UK by the provision of grants to UK re8lStered charili and educational organi5atiOll5 as listed or Te¢ognized by the Depaleft1 of Education working to advance education and vocational opportuni(i¢s in fartning sustainable fishin8lf15h fartning and sustainable viticulturc and wincmaking, a5 w¢ll as water m4nagcm¢nt. 2 } To advance any other puryoses which are exclusively chariiablc under lh¢ law of England and Wales from tim¢ to time for the benefit of the comjnunity of South Woodham Ferrers and local ar¢as by providing ETants to charili¢s and tsot for pmfLt or8atLtsations or indLviduals idcntsfled by the trustee5 at their di5cr¢tion.
Mister Gees Foulldation Volunteers The charity is grateful for the unstinting efforts of its volunteerswho a Involved In servSce provislon and fvnd-r3i51nB. Achievernents and performance To date the charity has Sjnded scholarships at Stirling University. Newc*stie Ujjivetsity, Plumpton Colleg¢ 8nd Sydney Sussex College Cambridge totaling over Iwo bundredand tw¢ttty thousand POLmds. Th¢5e hav¢ all b¢¢n ¢0 a5SiSt post gradllate Students take master's degrees related to wat¢T m8nagemenL sustainable fattning oi sUStainabl¢ fishing. The charity has mad¢ ov¢r one hundred and sixty thollsand pounds available for use by local organi5ations aT gTOUPS in South Woodham Ferrers as well as cotnjnunity projects such as a deftbnllator on the slation. b¢n¢hes on the sea wall 8nd the provLSIOD of lap-top ¢omputer$ to ail seven sctrM)ols in the area for use by 5th]dents duting lockdown. Finan¢i•l Twiew •nd reserve5 The Financial result5 forthe year are shown in the statement of financial 3Ctivitie5 on pa8es 4 to 9. Plansforfuture perlods The foundation will continue to fund 5cholar5hip5 at UK universlties and giving support to the town of South Woodham Ferrers and the local areas. réw.M&h.:&r4i1DC 2024 201h December 2024.
Mister Gees Foundation Independent Examiner's Reportto theTrustees of Mister Gees Foundation I report on the account5 of the charityforthe year ended 31 March 2024 set out on pages 4 to 9. Respettlve responslbilitle5 of trustees and e¥*mimer The charit¢5 trustees are responsible for the preparation ol the accounts. The chariV5 trustee5 considerthat an audit 15 not required for this year under section 144121 of the Charities Att 2011 Ithe 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act.. follow the pr(xedures laid dovjn in the general Directions Biven by the Charity Commission under section 1451Sllbl of the 2011 Art,. and state whether partlcular matters have come to my attention. Basi5 of independent examlnei's report My examination was rarried out In accordance with the Eeneral Directions glven by the Charity Comrnission. An examination includes a review of the accounting records kept by the rharlty and a comparison of the attount5 presented with those record5, It also includes consideration of any unusual items or disclosure5 in the accgunts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be requirÈd in an audit. and consequently no opinion is given as to whether the accounts present a "true and fair vie, and the report is limited to those matters set out in the statement bÈlow. Independeni examlner's statement In connection with my examination. no matter has tome to my attention.. whlth gives me ieason3ble cause to believe ihat, In any material respect, the requ1ments.. to keep accounting records in accordance with sectv)n 130 Irf the 2011 Act.. and to prepare accounts which accord with the accounting records and cornply with the accounting requirements of the 2011 Act have not been rnet.. or to which, in my oplnion, 3tteThtn should be drawn in order to enable a proper understandin8 of the accounts to be re3ched. Packnells LLP 46 Hullbridge Road South Woodham Ferrers Essex CM3 5NG Date= 2(yh December 2024
Mister Gees Foundation Statement ol Financial Activities for the year ended 31 March 2024 2024 Total Fund5 2023 Total Fund5 Wotes INCOMING RESOURCES In¢omln8 resources from generated fund5: Voluntary income Activities for generatingfunds.. Investment Income Other Sncome 46,692 80.029 177 37,000 Total Incomlng resourtes RESOURCES EXPENDED Cost of generating funds: Charitable expenditure NET IRESOURCES EXPENDED) I INCOMING RESOURCES 22,846 114,1961 RECONauATION OF FUND5 Fund balances brought forward at l April 2023 Fund balances carrled forward at 31 March 2024 93,780 All of the above result$ are derwed from continuing activities.
Mister Gees Foundation Balan¢¢ Sheet as at 31 Match 2024 2024 Total Fur$ 2023 Total Funds Notes FIXED ASS5 Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand 37,000 57.185 71,210 CREDrroRS Amounts falling due vmthin one year 405 276 NET CURRENT ASSErs 93,780 70.934 TOTAL ASSFfs LESS CURRENT LIABILITIES 93,780 70,934 CREDITORS Amounts falling due after rnore than one year Assgrs 93.780 70,934 FUNDS Unrestrlcted funds 93.780 70,934 Total fund5 93,780 70.934 The financial statements were approved and authorised for issue by the trustee5 On 2h December 2024 and signed on their behalf by.. 8a4.'07 Ght
Mister Gees Foulldauon NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the year ended 31 March 2024 untinE policies lal Basls of preparatlon The charity constitutes a public benefit entity as defined by FRS 102. The firiancial ststements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReportiTr8 Standard applicable in the UK and Republic Df Ireland IFRS 1021 issued on 16 July 2014 las updated through Update Bulletin I published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdorn and Republic of Ireland IFRS 1021. the Charities Act 2011 and UK Generally Accepted Practice as it applie5 from l Janu4ry 2015. Incomini resources All incoming resources are included in the 50FA when the charity is legally entitled to the incorne attd the amgunt can be quantified with reasonable accuracy. Resources expended All expendlture Is accounted for on an accruals basi5 and hès been classlfled under headin85 that aEgregate all costs related to the £ate80ry. Where costs cznnot be directly attributed to particular headings they have been allocated to activities on a basls consistent with use of the re50urce5. Tanglble flxed assets and depredatlon Depreciation Is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Computer equipment 20% on dtIng balance 2 on reducing balance T4x¥tion The charity is exempt frorn tax OTh $ charitable actlvsties. (fl Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the tru#ees. Restricted funds can only be used for particular restrlrted purposes within the object5 of the chèrity. Restsictions arise when specified by the donor or when funds are raised for particular restricted purpose5. AcfiviTIES FOA GENERATING FUNDS 2024 2023 Spon50r5hip5 INVESTMENT INCOME 2024 2023 Deposit account interest 744 177
Mister Gees Foundation TRV5TEE5' REMUNERATION AND BENEFITS The trustees nelther received norwaived any ernoluments durin6 the year12024.. £Nill. Tru$tee$' Expenses The tnjstees neither recelved nor waived any expense5 during the year12024-. ENIII. TANGIBLE FIXED ASSETS Plantand machlnery Motor Vehlcles Comput*r equipment Total Cost At l April 2023 Addition5 Disposals At 31 March 2024 Depreelation At l April 2023 Chèrge foryear At 31 Mar¢h 2024 Net book Value at 31 Marth 2024 At 31 March 2024 DEBTORS 2024 2023 Other debtors CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 1024 2023 Other rreditors 405 276 CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2014 2023 Other creditors
Mister Gees Foundation MOVEMENT IN FUNDS Net movement In funds At 1.4.23 At 3L3.14 Unre5tricterf fund5: General fund 70,934 22.846 93.780 Total fvnds 70.934 22.B46 93,780 Net movement in funds, i#¢luded I the above are as follows.. Intomlng re50urtes Resources Movement in expended funds Unrestrirted fund5'. General fund 84,436 161.5901 22,846 Total funds 84.436 I61,5} 22.846
Mister Gees Foundation Detailed Statement Of Financial Activities for the yearended 31 March 2024 31.03.2024 31.03.2023 INCOMING RESOURCES Voluntary income Shop Income Donations Event Income 45.504 1.188 80.007 23 Investment Income Deposit Account Interest 744 177 Other Income Other Income - Unpresented Cheque 37.0 Total IncominB Resources 84.436 80,207 RESOURCES EXPENDED Charitable Expenditure Fundraising C95t5 Donations to UK Charities Donations to Local Groups Donations to Local Schools Donations to Uni Scholarships Professional Costs 550 31,460 4,580 25,000 10,231 21,212 2,960 60.000 Total Resources Expended 61,590 94,403 Net {Resources Expended) J Income For The Year -14,196