## **Trustees’ Annual Report for the period** **From 1[st] January 2020 To 31[st] December 2020** **Charity name: The Lovett Foundation** **Charity registration number: 1182450** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To relieve the needs of young people
entering, or who are in, the care system,
and/or who are being cared for by
Children’s Hospice South West in
particular, but not exclusively by;
a) Providing support and activities that
the care allowance in unable to
cover including, but not limited to,
activity days and the provision of
personal items.
b) Delivery of programmes to develop
the skills, capacities and capabilities
of young people to enable them to
participate in society as mature and
responsible individuals, which may
include activities to assist them to
gain employment.
c) Supporting children receiving
palliative care and their families
including, but not limited to,
providing assistance with transport
provision and contributing to items
calculated to alleviate their needs.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Our aim of this year was to continue to
build on our relationships with the local
care teams in order to create ongoing
support for the children in care, and those
young adults leaving the care system.
Which this year (amongst other things)
included providing gift vouchers for the
Swindon CiC Awards Night, hosting a team
building day for the Swindon CiC Council at
one of our centres, and providing food
parcels for Cirencester Food Bank, Cardiff
Care Leavers and Swindon Care Leavers
throughout the pandemic.
Unfortunately, a number of our plans for the
year were unable to go ahead due to Covid
restrictions.| |Statement confirming
whether the trustees have|Para 1.18|All trustees have read and understood the
guidance issued by the Charity| had regard to the guidance issued by the Charity Commission on public benefit Commission on public benefit, and during our planning sessions we keep this guidance in mind. **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|We are very grateful for the time and effort
of our volunteers to keep The Lovett
Foundation running this year throughout
the pandemic. Without this valuable
contribution of time, energy and expertise,
we would not have been able to achieve so
much.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During this very difficult year we believe
that we have done as much as we can to
continue supporting children in care in our
communities.
Before the Covid restrictions were in place
we were able to provide gift vouchers for
the award winners at the Swindon CiC
Awards Dinner, which has given those
children a huge sense of achievement.
By organising a team building/mentoring
day at one of our centres, the group of
young people that attended were given the
opportunity to be inspired by the man who
runs all of the BMW Senior Management
Training programmes. We hope that they
left feeling driven to achieve whatever they
put their minds to.
Throughout the Covid restrictions we were
able to deliver food parcels to Cirencester
Food Bank, Swindon Care Leavers and
Cardiff Care Leavers, in order to make sure
that individuals who were affected
financially by the pandemic were still able| to have access to food, cleaning products and toiletries. We also supported The Swindon Food Collective, Bristol Food Bank, Tewkesbury Food Bank, Hungerford Food Bank, Cardiff Food Bank, Bath Food Bank and Melksham Food Bank with a pre-Christmas food delivery in order to support those who are suffering with food poverty in our local communities this Christmas. **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Bank Account = £63,286.36| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Lovett Foundation does not look to
maintain a significant reserve, unless a
decision has been made to support a
particularly large project.| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|This year our main source of funds was a
company donation, as well as customer
and staff donations. We were unable to
hold any fundraising events due to the
pandemic.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed, or reappointed,
every 2 years at the start of the financial
period.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|The Lovett Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1182450| |Charity’s principal address|The Depot
Gate 1, Frankland Road
Swindon
SN5 8YW| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Rebecca Maloney|Chair||| ||Julian Winterburn|||| ||Justin Jones|||| ||Andrew Williams|Treasurer||| ||Matthew Parham|||| ||Mike Kenefick|||| ||Matthew Hutchinson|||| ||Paul Blewett|||| ||Jack Taylor|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Declarations The trustees declare that they have approved the trustees, report al)ove. Signed on behalf of the charlty's trustees Signaturels) Full narnelsl Position leg Secretary. Chair. etcl Date **Charity Name The Lovett Foundation** **Charity No. 1182450** ## **Receipts and payments accounts** ## **CC16a** **For the period** Period start date **To** Period end date **from** 01/01/2020 31/12/2020 |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||| |---|---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**||**Restricted funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |Donations|**51,600**||**-**||**-**||**51,600**||**11,683**| |Staff Salary Sacrifice|**1,694**||**-**||**-**||**1,694**||**-**| |Fund Raising|**842**||**-**||**-**||**842**||**958**| |Just Giving|**418**||**-**||**-**||**418**||**116**| |Bank Interest|**14**||**-**||**-**||**14**||**10**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR)_|**54,568**||**-**||**-**||**54,568**||**12,768**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**12,768**| ||||||||||| |
General Expenses|**186**||**-**||**-**||**186**||**250**| |Event Expenses|**-**||**-**||**-**||**-**||**106**| |Swindon Council Donations|**965**||**-**||**-**||**965**||**165**| |Cardiff Council Donations|**238**||**-**||**-**||**238**||**-**| |Cirencester Foodbank Donations|**769**||**-**||**-**||**769**||**-**| |Liberty Pay Charges|**870**||**-**||**-**||**870**||**-**| |Just Giving Charges|**216**||**-**||**-**||**216**||**36**| |Bank Charges|**11**||**-**||**-**||**11**||**8**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**|**3,255**||**-**||**-**||**3,255**||**565**| ||||||||||| |**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_**|||||||||| ||||||||||**565**| ||||||||||| ||**51,313**||||||||**12,203**| ||**-**||||||||**-**| ||**12,203**||||||||**-**| ||**63,516**||||||||**12,203**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**|(agree balances with receipts and payments account(s))
**Details**
Bank Balance
Giveall
**_Total cash funds_**
**Details**|**Unrestricted**
**funds**
**to nearest £**
**63,286**
**230**
**-**
**63,516**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**|**Restricted funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted funds**
**to nearest £**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||**-**|**-**|**-**| ||||**-**||**-**||**-**| |---|---|---|---|---|---|---|---| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||**Details**||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**|||||**-**||**-**| |**charity’s own use**|||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||**Fund to which**||**Amount due**||**When due**| ||**Details**||**liability relates**||**(optional)**||**(optional)**| |**B5 Liabilities**|||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| Inde ndent Examinerfs Re rt to The Chari Name: The Lovett Foundation Trustees Chari 'Yhe Chari Chari istration Number: 1182450 Inde endent Examiner: Rithard Jerem Ward ACMA Having conducted my review of The Charity's accounting records and account5 for year ended 31 December 2020. discussing any matters arising with the relevant Trustee. I can confirm that: The accounting records to be full and complete The accounts reflect the supporting records. and The format of the accounts complies with the necessèry regulations for such è charity There are no matters outstsnding or left to be explained so I conclude that the accounts are a true and fair representation of The Charivs activity during the reporting year. Richard Jeremy Ward Dated= 12 October 2021