# **– Annual Report y/e June 2022**
# **Forbes Foundation**
## **Charity Ref: 1181535**
## **Name**
The name of the Charitable Incorporated Organisation is **Forbes Foundation** ( **“the CIO”** ).
## **National Location of Principal Ofce**
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 3[nd] period, year ending June 2022, the Foundation had raised £4,601, and received a refund of £2,925 for the cancelled Foundation Charity Ball (cancelled due to COVID-19). This was amount was achieved primarily by:
- An individual’s trek across the Himalayas
- Other charity walks
- General donations
During the year we supported:
- £785.00 for a mobility chair
- £6,354.50 (previously ear marked funds) for a specific baby/toddler mobility chair
- £870.00 to provide a therapy dog to a school in need
At the end of this year, Chair and Trustee Oliver Burton will be stepping down, being replaced by Chris Booth. Stuart Penswick also stepped down during the year. New trustees will be appointed during the next financial year.
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 7/1/2020 6/30/2021
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 4,601 - - 4,601 -
Cancellation refund 2,925 - - 2,925 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
7,526 - - 7,526 -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 7,526 - - 7,526 -
A3 Payments
Donations 8,130 - - 8,130 -
Ball Refunds 1,080 - - 1,080 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 9,210 ] - - 9,210 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 9,210 - - 9,210 -
Net of receipts/(payments) - 1,683 - - - 1,683 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end - 1,683 - - - 1,683 -
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## **Section B Statement of assets and liabilities at the end of the period**
**Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds** Cash at bank **10,351 - - - - -** _**Total cash funds**_ **10,351 - -** (agree balances with receipts and payments account(s)) Agreement Error OK OK **Unrestricted Restricted Endowment funds funds funds Details to nearest £ to nearest £ to nearest £**
**Details**
|**B2 Other monetary assets**||**-**
**-**
**-**
**-**
**-**
**-**|
|**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**|
|---|---|---|---|---|---|
|**B3 Investment assets**|**Details**|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**||**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**|
|**B4 Assets retained for the**|**Details**|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**||**-**
**Current value**
**(optional)**|
|**charity’s own use**|||
|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|
|||**Fund to which**|**Amount due**||**When due**|
|**B5 Liabilities**|**Details**|**liability relates**|
**(optional)**|**-**
**-**
**-**
**-**
**-**|**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees|Signature|Print|Name||Date of
approval|
|||Oliver|Burton||6/30/2022|