2023-12-31-accounts - The Monsters Foundation

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The Monsters Foundation

Trustees’ Annual Report for the period to 31 December 2023

The Trustees present their report for the period from 1 January 2023 to 31 December 2023.

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

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 four different charitable organisations for a total of 6 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.

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 2023

The financial position of the charity at 31 December 2023, as more fully detailed in the accounts, can be summarised as follows:

	2023	2022
Net income	(£65)	(£870)

Funds of the charity
Unrestricted Revenue Funds available for the general purposes of the charity	£4	£70
Total unrestricted funds	£4	£70

Total restricted funds	Nil	Nil

Financial review of the position at the reporting date, 31 December 2023

The trustees note the financial performance by the charity during the period giving rise to a deficit of £65 leading to funds at the end of the period of £4.

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 3 March 2024.

Ian MacKenzie

Janet Anderson-MacKenzie

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The Monsters Foundation 1181707
CC1
6a
Receipts and
payments accounts
01/01/202 12/31/202
For the
3 3
period To
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Section A Receipts and payments

Section A Receipts and payments
A1 Receipts	Unrestric ted funds to the nearest £	Restrict ed funds to the nearest £	Endowm ent funds to the nearest £	Total funds Last year to the nearest £ to the nearest £
Donations- not gift aided	1,516	-	-	1,516	1,027
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	1,516	-	-	1,516	1,027

A2 Asset and investment sales, (see table). - -

A2 Asset and investment sales, (see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-
*Total receipts*
	1,516	-	-	1,516	1,027

A3 Payments

A3 Payments
Minibus Costs	1,581	-	-		1,897
				1,581
Administration	-	-	-		-
				-
Charitable Giving	-	-	-		-
				-
	-	-	-		-
				-
	-	-	-		-
				-
	-	-	-		-
				-

	-	-	-		-
				-
	-	-	-		-
				-
	-	-	-		-
				-
*Sub total*
	1,581	-	-	1,581	1,897

A4 Asset and investment purchases, (see table)
	-	-	-
				-
	-	-	-
				-
*Sub total* *Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
	-	-	-	-	-


	1,581	-	-	1,581	1,897


	-65	-	-	-65	-870
	-	-	-		-
				-
	70	-	-	70	940
	4	-	-	4	70