CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 1st January 2023 To 31st December 2023 Charity name: The Lovett Foundation Charity registration number: 1182450 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its goveming document To relieve the needs of young people entering, orwho are in, the care system, andlor who are being cared for by Children's Hospice South West in particular, bul 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 item5. b) Delivery of programmes to develop the skills, capacities and capabililies of young people to enable them to participate in society as mature and responsible individuals, which may include artivities to assist them to gain employment. c) Supporting children receiving palliative care and their families including, but not limited to, aiding with Iransport provision and contributing to items. alculated lo alleviate their needs. This year we have supported Caring in Bristol by sponsoring a room in their new youth shelter for 2 years. We also supported School holiday activities with Cardiff Council including kayaking, quad biking, and a trip to Thorpe park. We have also supported the Youth Adventure Trust programme. We have funded to support one vulnerable person through their 3-year programme. There has also been donations made to Empire Fighting Chance to support their Summer Hubs. We helped support 24 sessions attended by 95 young people throughout the summer holidays. These sessions allowed young people to a¢￿sS free one-hour sessions at the gym in Easton. Summary of the main activities in relation lo thosé purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17and 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 understo¢)d the guidan￿ issued by the Charity Commission on public benefit, and during our planning sessions we keep this guidance in mind. Additional inforniation (optional) You ma choose to include further statements where relevant about.. SORP ref&r0n¢ Para 1.38 Policy on grant making Pars 1.38 Policy on social investment including program related investment We are very grateful for the time and effort given by our volunteers to keep The Lovett Foundation rtjnning. Without this valuable contribution of time, energy and expertise, we would nol have been able to achieve so much. We have had money raised for us by various activities inGluding a Bake Sale. Parn 1.38 Contribution made by volunteers Other Achievements and Performance SORP ￿t￿nce We continued to provide our foodbanks across Swindon, Bristol and Cardiff to make sure that individuals who were affected financially by the current cost of living crisis still able lo have access to food, cleaning products and toiletries especially over the Christmas period. We have supported Caring in Bristol by sponsoring a room in their new youth shelter for 2 years We have also supported the Youth Adventure Trust programme. We have funded lo support one vulnerable person through their 3-year programme We helped support 24 sessions attended by 95 young people throughout the summer holidays at Empire Fighting Chance. Summary ofthe 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 Addltlonal Infommtlon {optlonal) You ma choose to include further statements where relevant about: A¢hi8V8ments against objectives set Paf• 1.41 Perfo￿nan￿ of fundraising activities against objectives set P•M 1.41 Investment perlornian against objectives Parn 1.41 Other Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves stating why they are held Para 1.21 Bank Account ~ 125484 Para 1.22 The Lovett Foundation does not look to maintain a significanl rese￿e, unless a decision has been made to support a articularl lar ro ect. Amount of rese￿e8 held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties aboLrt the charity continuing as a going concem Para 1.22 Par4 1.22 Para 1.24 Para 1.23 Additional inforniation (optional You ma hoose to include further statements where relevant about.. This year our main source offunds was through Giveall - our salary sacrifice scheme, customer and staff donations through Just Giving and fundraising. We raised money with our annual bake sale anda rou wide football tournament. The charity's principal sources of funds (in¢luding any fundraising) Para 1.47 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 goveming document Para 1.25 Constitution How is the charily constitLrted? Par8 1.25 cio -r?led association CIO) Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body enlitled 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 informalion (optional) You ma Ghoose lo include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisalional structure and any wider network with which the Charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses istered charit number Charity's principal address The Lovett Foundation 1182450 The Depot Gate 1, Frankland Road Swindon SN5 8YW Names of the charity trustees who manage the charity Dates acted if not for whole Trustoe ngm• Office Ilf any) Name of pgrson lor body) •rrtlty•d int trujteg if a Rebecca Maloney Julian Winterburn Chair Emma Watkins Kirsty Slater Mathew Hutchinson Jack Taylor Matthew Parham Paul Blewett 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrector name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee namo Dat•s acted If not for whole Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects ofthe charity on whose behalf the assets are held and how this falls wilhin the custodian charity's objeds Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional Information (optional Nam85 and addresses of advlsers (Optional infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional infomiationl Exemptions from disclosure Reason for non4isclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustses, report above. Signèd on behalf of the charity's trustees Signaturels) Full namelsl Position leg Secretary, Chair, etcl Date 11 ll llll Iltm ,' llllNm tM]llN m lllllltm 111 111 111 111111 tttlli llll, ttttm:,, ll 111111 11111 111111 ttfflli, ,,￿1111, ,,1 111111 11111 111111 11111 111 111 Examlnerfs The Cha Name: The Lovett Foundatlon ech istrntion Number: 1182450 Inde ndent Examlner: Rkhard Jerern Ward ACMA Having condurted my revtevl of The CharitVs accounting records and accounts for year ended 31 December 2023, discussing any matters arisin8 With the relevant Trustee, I can confim that: >b The accounting records to be full and complete The accounts reflect the supporting records. and The formot of the accounts complies with the necessary re8ulations for such a charity There are r#) matters outstanding or left to be explained so I conclude that the accounts are a true and fair representation of The Charivs activity during the ￿porting year. Richard Jeremy Ward Dated: 24 September 2024