## **Trustees’ Annual Report for the period** **From 1[st] January 2022 To 31[st] December 2022** **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,
aiding 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|This year we have supported a variety of
Summer and October half term activities for
care leavers in Cardiff via Cardiff Council.
They were able to attend the River Wye
Canoe Centre, Llangorse Activity Centre,
Noah's Ark Zoo and Llandegfedd
Watersports. We also provided them with
winter care packages to help vulnerable
young adults during the colder months.
We have raised and donated funds To
Empire Fighting Chance in Bristol to support
2 Training with Champions Programmes run
by Empire.
We have also continued to support Swindon
council with care packages throughout the
year.| |||| ||Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All trustees have read and understood the
guidance issued by the Charity
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
given by our volunteers to keep The Lovett
Foundation running. Without this valuable
contribution of time, energy and expertise,
we would not have been able to achieve so
much. We have had money raised for us by
various activities including a sponsored
swim.| |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|We continued to provide our foodbanks
across Swindon, Bristol and Cardiff in order
to make sure that individuals who were
affected financially by the current cost of
living crisis still able to have access to food,
cleaning products and toiletries especially
over the Christmas period.
We have supported a variety of Summer and
October half term activities for care leavers
in Cardiff via Cardiff Council. They were able
to attend the River Wye Canoe Centre,
Llangorse Activity Centre, Noah's Ark Zoo
and Llandegfedd Watersports. We also
provided them with winter care packages to
help vulnerable young adults during the
colder months.
We have raised and donated funds To
Empire Fighting Chance in Bristol to support
2 Training with Champions Programmes run
by Empire.| |**Additional information (optional)**
You may choose to include further statements|**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 = £104,981| |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
through Giveall – our salary sacrifice
scheme, customer and staff donations
through Just Giving and fundraising. We
hosted a group wide event in October called
"Cycle the Sites" and managed to raise over
£2500.| |---|---|---| |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 and Para 1.51 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
2
3
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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|||| ||Emma Watkins||01/12/2022|| ||KirstySlater||01/12/2022|| ||Matthew
Hutchinson|||| ||Jack Taylor|||| ||Matthew Parham|||| ||Paul Blewett|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| ## **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 above. Signed on behalf of the char 's trustees Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Dats Qu£ccA n+L¢v￿ Ly ||**Charity Name**

**The Lovett Foundation**
|**Charity Name**

**The Lovett Foundation**
|**Charity Name**

**The Lovett Foundation**
|**Charity No.**
**1182450**|**CC16a**| |---|---|---|---|---|---| ||**Receipts and payments accounts**||||| ||**For the period**
**from**|Period start date
01/01/2022|**To**|Period end date
31/12/2022|| ||||||| |**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|**52,611**
**1,290**
**1,190**
**2,470**
**580**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**52,611**|**-**| |Staff Salary Sacrifice|||**-**|**1,290**|**1,258**| |Fund Raising|||**-**|**1,190**|**1,054**| |Just Giving|||**-**|**2,470**|**2**| |Bank Interest|||**-**|**580**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**58,141**
**-**
**-**
**-**
**58,141**|**-**
**-**
**-**
**-**
**-**|**-**|**58,141**|**2,314**| |**A2 Asset and investment sales,**
**(see table).**|||||| ||||**-**|**-**|| ||||**-**|**-**|**-**| |**_Sub total_**|||**-**|**-**|**-**| |**_Total receipts_**
**A3 Payments**|||||| ||||**-**|**58,141**|**2,314**| ||||||| |
General Expenses|**107**
**3,922**
**4,756**
**3,479**
**-**
**216**
**24**
**1,135**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**107**|**156**| |Event Expenses|||**-**|**3,922**|**-**| |Swindon Council Donations|||**-**|**4,756**|**3,223**| |Cardiff Council Donations|||**-**|**3,479**|**500**| |Cirencester Foodbank Donations|||**-**|**-**|**-**| |Liberty Pay Charges|||**-**|**-**|**455**| |Just Giving Charges|||**-**|**216**|**216**| |Bank Charges|||**-**|**24**|**13**| |General Donations|||**-**|**1,135**|**560**| |**_Sub total_ **|**13,637**
**-**
**-**
**-**
**13,637**
**44,504**
**60,477**
**104,981**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**13,637**|**5,123**| ||||||| |**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_**|||||| ||||**-**|**13,637**|**5,123**| ||||||| ||||
**-**|
**44,504**|**- 2,809**| ||||**-**|**-**|**-**| ||||**-**|**60,477**|**63,286**| ||||
**-**|**104,981**|**60,477**| ## **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 £**|**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||**104,981**|**-**|**-**| |||**328**|**-**|**-**| |||**-**|**-**|**-**| |||**105,309**|**-**|**-**| |||Agreement Error|OK|OK| |||**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |Signed by one or two trustees on
behalf of all the trustees
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|**Details**
**Details**
**Details**
Signature|**Fund to which asset**
**belongs**
**Cost (optional)**
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**Fund to which asset**
**belongs**
**Cost (optional)**
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**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
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**-**
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Print Name|**Current value**
**(optional)**
**-**
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**Current value**
**(optional)**
**-**
**-**
**-**
**-**
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**When due**
**(optional)**
Date of approval| |---|---|---|---| Inde ndent E￿MIne￿5 Re rtto The Chari Trustees Char Name: The Lovett Foundatlon he Cha istrntion Number: 1182450 Inde ndent Examiner. Richard Jere Ward ACMA Havin8 conducted my review of The Charivs accounting records and accounts for year ended 31 December 2022, discussin8 any matters arisin8 With the relevant Trustee, I can confirm that: >b The accountlng records to be full and complete The accounts reflect the supporting records, and The format of the accounts complies with the necessary regulations for such a 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 Charity's activity durin8 the reporting year. Richard Jeremy Ward Dated: 27 July 2023