# **– Annual Report y/e June 2024** 

# **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, Gordon House, 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 

- Christopher Booth 

- Gill Carr 

- Jennifer Smith 

## **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. 

During its 5[th] period, year ending June 2024, the Foundation had raised £10,963.61.  This was amount was achieved primarily by: 

- A fundraiser with a goal of £10,000, organised in conjunction with Deep Beauty Salon (Whalley), to support a child suffering with a rare cancer who exhausted treatment on the NHS, which involved a challenge of walking 10,000 feet by completing, Pendle Hill, Darwen Tower and the Yorkshire 3 Peaks. 

- A sponsored badminton and rounders competition; 

- Various bake sales and sweepstakes; 

- A sponsored fast for Ramadan; 

- A charity ladies night hosted by Forbes Solicitors; 

- General donations 

The Charity also organised a foodbank donation over Christmas, where donations were made to local foodbanks and refuge centres. 

During the financial year, the Foundation did not make any payments out. However, funds of £8,185 were ring-fenced for the specific fundraising for the child suffering with a rare cancer who did not require treatment at the end of the financial year. It has been agreed with the parents and with the Trustees that the funds will remain ring fenced until April 2026 when, we are advised, the risk of relapse reduces dramatically.  At that point, assuming no treatment is required, the Trustees with liaise with the parents to identify a recipient for those funds with similar needs and associations with the original fundraising effort. 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. 


Christopher  Booth 

Chair 




CHARITY COMMISSION
FOR ENGLAND AND WALES
harity Name
Forbes Foundatlo
No Ilf any)
1181535
Receipts and payments accounts
CC16a
For the period
from
Period start dale
To
Period end date
3010612024
0110712023
Section A Receipts and payments
Unrestricted
funds
to the nearest
Restricted
funds
Endowment
funds
Total funds
Last year
to the neofe8t £
to the nèare¥¢ £
to thg nearost £
to th* nealest £
A1 Receipts
Donations in+A24
2,779
8.185
10.964
Sub total{Gross income for
AR)
1779
8,185
10.964
A2 Asset and investment sales.
(see tablèl.
Sub total
Total receipts
2,779
8.185
10.964
A3 Payments
DOna￿on$ out A45
Sub total
A4 As$et and investment
purchases, Isee tablèl
Sub total
Total payments
Net of recgipts/(paymentsJ
A5 Transfers bètween funds
A6 Cash funds last year end
Cash funds this year end
2.779
8,185
10,964
4,828
7,606
4,828
15,791
8,185
Section B Statement of assets and liabilities at the end of the period
Unrestri¢ted
fund5
to t)earest£
Restricted
funds
to rt•arost£
Endowment
funds
to nearest £
Catagories
D&tsils
B1 Cash funds
Cash ai bank
7.606
8,185
CCXX R1 acLounls ISSI
1610412025

Total cash funds
7,606
8,185
{agreÈ with recthpts payments
acc41unll¥ll OK
Unrestrlcted
funds
to nearost £
OK
Restricted
funds
to nearost £
OK
Endowment
funds
to nearest £
Detsils
Details
Fund to whlch
a55et bèlon
Currènt value
Cost lopuonall
D8tails
Fund to whlch
asset belon
Current value
B4 Assets retained for the
charity's own use
C05t loptionall
Detsils
Fund to whlch
rglat88
Amount dué
tlonal
INhen duo
85 Liabilities
Signed by one or two trusteas on
behalf of all the trustees
Signature
Print Name
Date of
approval
CCXX R2 account8 ISSI
1610412025