## **The Monsters Foundation** 

## **Trustees’ Annual Report for the period to 31 December 2022** 

The Trustees present their report for the period from 1 January 2022 to 31 December 2022. 

## **Reference and administrative details** 

## _**The charity name**_ 

The legal name of the charity is The Monsters Foundation. 

## _**The charity's areas of operation and UK charitable registration**_ 

The Charity operates in England & Wales and is registered with the Charity Commission with number 1181707. 

## _**Legal structure of the charity**_ 

The charity is constituted as a Charitable Incorporated Organisation, registered under the Charity Commission in England & Wales and its governing document is a written constitution. The Governing Document is dated 19 January 2019. 

## _**Trustees**_ 

The trustees who served as a trustee in the reporting period were as shown below, and there were no changes during the year, or in the period between the year end and the approval of the accounts **.** 

Ian Donald MacKenzie Chair (appointed 23 January 2019) Janet Melanie Anderson-MacKenzie (appointed 23 January 2019) 

All trustees are members of the charity. 

## _**Principal Operating Address**_ 

The principal operating address and contact details of the charity are 

New Rectory Cowley Gloucestershire GL53 9NJ 

Email: enquiries@themonstersfoundation.org.uk 

## _**Bankers**_ 

NatWest 30 High Street Chippenham SN15 3HB 

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## **Objects and activities of the charity** 

## _**The purposes of the charity as set out in its governing document**_ 

The object of the CIO is, for the public benefit, to further such exclusively charitable purposes according to the law of England and Wales as the Charity Trustees in their absolute discretion from time to time determine. 

## _**The main activities undertaken in relation to those purposes during the period**_ 

The charity aims to carry out its purpose by 

- making grants to individuals, organisations and other charities within its purposes 

- making available a minibus 

During the period, the charity made available a minibus.   No grants were made. 

## _**The main activities undertaken during the period to further the charity's purpose for the public benefit**_ 

During the period, the charity made available a minibus which provided benefit to other charitable organisations and no grants were made. 

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. 

## **The main achievements and performance of the charity during the period** 

During the year the charity’s minibus was used by two different charitable organisations for a total of 2 trips. 

No grants were made in the period. 

## _**Fundraising activities during the year**_ 

The charity relies on donations from individuals and organisations both in terms of grant aid and also for the use of the minibus. There have been no fundraising activities. 

## _**The difference the charity's performance during the year has made to the beneficiaries of the charity and the benefit to wider society**_ 

The use of the minibus by charitable organisations has enabled them to further their purposes by 

- Organising trips and events at lower cost for their beneficiaries 

- Organising trips and events which would not have otherwise been made had the minibus not been available. 

## **Structure, governance and management of the charity** 

## _**The methods used to recruit and appoint new charity trustees**_ 

The Trustees consider recruitment of new Trustees as the need arises. 

Potential trustees would be provided with information about the organisation, its activities and objectives, roles and expectations of Trustees plus other supporting information. 

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A new Trustee would be provided with information on the activities and finances of the charity, together with Charity Commission guidance and codes of conduct related to the roles and responsibilities of Trustees. 

## _**The charity's financial position at the end of the period to 31 December 2022**_ 

The financial position of the charity at 31 December 2022, as more fully detailed in the accounts, can be summarised as follows: 

||**2022**|**2021**|
|---|---|---|
|**Net income**|(£870)|£613|
||||
|**Funds of the charity**|||
|Unrestricted Revenue Funds<br>available for the general<br>purposes ofthe charity|£70|£940|
|**Total unrestricted funds**|£70|£940|
||||
|**Total restricted funds**|Nil|Nil|
||||



## _**Financial review of the position at the reporting date, 31 December 2022**_ 

The trustees note the financial performance by the charity during the period giving rise to a deficit of £870 leading to funds at the end of the period of £70. 

Notwithstanding the deficit, the trustees consider the financial performance by the charity during the period to have been satisfactory. 

## _**Policies on reserves**_ 

It is the policy of the trustees to build reserves to provide for the maintenance and ultimately replacement of the minibus. 

Whilst the reserves are current nil, the trustees expect to build them over time. 

## _**Availability and adequacy of assets of each of the funds**_ 

The trustees are satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. 

## **Approval of this report** 

This report was approved by resolution of the trustees on 26 March 2023. 


Ian MacKenzie 


Janet Anderson-MacKenzie 

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CHARIIY COMMISSION
FOR ENGiAND AND WAIES
Recelpts and payments accounts
CC16a
For the pertod
Section A Receipts and payments
Unr*stricted
fvnds
to the nÈhrest
Restricted
funds
Endowment
funds
Total funds
Last ￿aT
to the r*arest£
totheneare5t£
tOthe￿e&rE5t£
tothp neaiest£
A1 Recelpts
DMall￿5. t￿g￿tal&￿j
1.027
1.OZ7
1.769
Sub total(Gross Income for
AR)
1,027
1,D27
1,7
A2 A55•t and inv•stm•nt sal•s.
(see tsblel.
Sub total
A3Pa
nts
Mmibu5Cos*s
Administr3b
Chant￿le &YitwJ
1,897
1,897
1,042
Sub total
1,897
1,897
A4 A55•t and inv•stm•nt
purchases, Isee table)
Sub total
1.897
1,897
1,156
Net ofrKeipts/(paymgnt¥)
A5 Transfers betsveen fvnds
A6 Cash funds last year end
Cash funds this year end
870
8T0
613
940
940
327
io
70
940
CCXX R1 ac￿￿n￿(s8)

Section B Stat8ment of assets and liabilities at th8 end of th8 period
Unrestricted
funds
to ￿e￿est£
Restricted
funds
to nearest E
Endowment
funds
to newe5t£
Categories
B1 Cash funds
Nalwesl B3nkAttount
70
Total cash funds
70
Unrestrlcted
funds
to neraest£
Restrleted
fiJnds
to r*aresi£
Endowment
funds
neMest£
Details
Fmd to which
Costlwtionall
Currentval
tion&l
Details
B3 Investment assets
to which
a5setbplongs
UnrÈstht
CurTeni¥al
{wtionall
Detsils
Mhltha kM1DNTG
Cost{wtionall
B4 Assets retalned for the
charity's own use
F￿d towhich
Ythen due
ioption&ll
Details
ioptlondi
B5 Liabilities
SNJned by oneor two tru5teeson
behalf of all Ihè trustees
&gnabJre
Ptint Name
Date of approval
IAN MACKENZIE
26-Mar-23
JANE[ ANDERSON-MACKENZIE
26-Mar-23
CCXX R2 accounls1881