# **– Annual Report y/e June 2021**
# **Forbes Foundation**
## **Charity Ref: 1181535**
## **Name**
The name of the Charitable Incorporated Organisation is **Forbes Foundation** ( **“the CIO”** ).
## **National Location of Principal Office**
The principal office of the CIO is in England.
## **Address**
Ground Floor, Oak House, 28 Sceptre Way, Lancashire, PR5 6AW
## **Objects**
To provide financial support to children, and their families, who are in need, by reason of ill health, disability, and/or financial hardship within England and Wales but predominantly the North of England, by providing facilities, equipment and monetary grants;
## **Trustees**
- Pauline Rigby
- Kella Bowers
- Stuart Penswick
- Oliver Burton
- Christopher Booth
## **Secretary**
- Rebecca McCann
## **Appointment of Charity Trustees**
- Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
- In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
- No person other than a Trustee retiring by rotation under clause 12 below may be appointed a Trustee at any general meeting unless:
- he or she is recommended for re-election by the Trustees; or
- not less than fourteen nor more than thirty-five clear days before the date of the general meeting, the CIO is given a notice that:
- is signed by a member entitled to vote at the meeting;
- states the member's intention to propose the appointment of a person as a Director
- contains the details that, if the person were to be appointed, the Charity would have to file at Companies House; and
- is signed by the person who is to be proposed to show his or her willingness to be appointed.
- All members who are entitled to receive notice of a general meeting must be given not less than seven nor more than twenty-eight clear days' notice of any resolution to be put to the meeting to appoint a Trustee other than a Trustee who is to retire by rotation.
- A Trustee appointed by a resolution of the other Trustees must retire at the next annual general meeting of the members ( **“AGM”** ) and must not be taken into account in determining the Trustees who are to retire by rotation.
## **Overview**
The Foundation launched in January 2019 and completed its first (extended) year in June 2020.
During its 2[nd] period, year ending June 2021, the Foundation had raised £4,44130, which was lower than the previous year due to the COVID-19 pandemic and the lack of fundraising opportunities. This was amount was achieved primarily by:
- A charity bike ride
- General donations
During the year we supported:
- £2,999.85 towards laptops for underprivileged children to support home learning.
The Charity will continue to go from strength to strength and provide support in line with its Objects. We are committed to improving the lives of as many people as we can.
Oliver Burton
Trustee
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Charity Name No (if any)
Forbes Foundation
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/07/2020 30/06/2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 4,441 - - 4,441 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 4,441 -
AR) [ 4,441 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 4,441 - - 4,441 -
A3 Payments
Donations 3,000 - - 3,000 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 3,000 ] - - 3,000 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments [ 3,000 ] - - 3,000 -
Net of receipts/(payments) 1,441 - - 1,441 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 1,441 - - 1,441 -
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## **Section B Statement of assets and liabilities at the end of the period**
**Unrestricted Restricted Endowment funds funds** 13/04/2022 **funds**
CCXX R1 accounts (SS) **Categories**
**Details**
1
|Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**
CCXX R2 accounts (SS)|**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Cash at Bank (Ear marked for agreed
donation)
Cash at Bank (Ear marked for agreed
donation)
**Details**
**Details**
**Details**
Signature
2|**to nearest £**
**to nearest £**
**-**
**6,000**
**6,034**
**`**
**-**
**-**
**6,034**
**6,000**
Agreement Error
Agreement Error
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Oliver Burton|**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**
OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
13/04/2022
13/04/2022|
CCXX R2 accounts (SS)