REGISTERED CHARrrY NUMBER.. 1183875 Report ofth8 Trustees and Financial Statements for the Year Ended 13th December 2024 The SJL Foundation Richar(Is SaThJy Partnèrship ThOme1(￿ House 25 Bart)oume Road wor￿ter WOr￿sterShi1e VVR1 1RU The SJL Foundation Contents of the Financial Statements forthe Year Ended 13th December 2024 Pag8 Reference and AdmlnTstrative Detalls Report of the Trustses Independent ExamIne￿$ Report Statement of Flnancial Activities Balanet Sheet Notes to the Financial Statements 7 to 12 Detailed Statement of Financial Activitles 13 The SJL Foundation Referen¢? and Adminlstrntive Delalls for the Year Ended 13th December 2024 TRUSTEES S J Laneaster K Hanson K Evans S Lanc2ster R G McKechnie PRINCIPAL ADDRESS Suite C. The Kays Bttildir 23 The Tything Worcester Worcestershife WR1 1HD REGISTERED CHARITY NUMBER 1183875 INDEPENDENT EXAMINER Rithards Sandy Partne￿h1p Thomeloe House 25 Barboume Ro&J Worcester Worcesletshi WR1 1RU Page 1 The SJL Foundation Report ofthe Tn￿te¢S for the Year Ended 13th December 2024 The trustees p￿sent their report with the finanaal 5taternents of Ihe ch8nty for the year ended 13th December 2024. The trustees have adopted the provisions of Accounting and Reporbng by Charities Statement of Recornmended Pracb"c8 applic8ble to chantie5 preparing their accounts in accordance with the Finanrial Reporbng Standard applicable in the UK and Republic of Irdand IFRS 1021 leffe(*ive 1 January 20191. OBJECTIVES AND ACTIVITIES Obje¢tive5 and aims The objective of the charity is to advanc£ such tha(itabk purposes for the benefft of the public. as the trustees see fit from time to time, in parbcular. but not limited to making grants to charibes. or other organisatsons working to advance charitable purpose. Public benefit The trustees confirrn that The SJL Foundab"on has CL￿pIled vrith the duty in section 17151 of the 2017 Charities Act to have due regard to guidano on pu￿1¢ benefit when re*iewng the thartws aitns a¥¥J objecti%E5 and in planning future activities. ACHIEVEMENTS AND PERFORMANCE Charitable and fundrdising a¢tNlties We held a successful Ball in the year raisirvJ £20.C#)O. which was [￿8￿ to issue a grant of £19.(KJO to Acoms Children's Hospice sh¢Ytly after yearend. Fundraising policy Our approa¢h to fundraising is to encourage motivated indiwduals and cThmpanges to help us raise vduntary fijnds to support our aims and aCti￿￿"e$. We ensu￿ fundraising doesn't put members of the public or our team under undue pressure to donate and ￿mplY UK data protection and are Wiste￿ wth the fundraising fegulator. We have ceived no fundraising complaints to either staff or trustees to ¢Jate. FINANCIAL REVIEW Flnan¢ial review Incoming resources for the year were £31.38612023.' £49.1881 and resour￿ &Upend￿ were £39.81912023." £49.8691. Net expenditure for the year amounted to £8.433 12023.. £6811. The total tunds of Ihe tharity at 13 Decernber 2024 amounted to £80112023." £9,234). Reserve$ policy The charity's unresthcted reserves. excludiNJ fixed as58ts. £801 at 13 Decernbèr202412023". £9.0741. The trustees believe minimal reserve ￿velS are requith in Ihe tharity. with few overheads and the aim of 8vfdrding a5 Many grants as possible. Reserves have decreased followng the awarding of 9rants in the last 2 years . but remain sufficient. The TNstees wll fftmew the finanrial posth.on in tte next year. FUTURE PLANS The trustees plan to continue fvndraising to raise enough money to allow foi fvture grants to awarded in line wth their charita￿e objectNeS. STRUCTUR& GOVERNANCE AND ￿NAGEMENT Governing document The charity is controlle¢J by its governiThJ document. a o)nsltub"on. and ￿nstrtuteS a charitsble incorporated organisatron ICIOI. The chanty is regislered in ENJland & Wales wlh the registrab.on numbei 1183875. Recrultmènl and appointment ol new tYu$tees The 8XlSting trustees have sole rK)wer to appoint and train trustees. New trustees are seletsd based on personal commendations fron conts¢t5 the exisbThJ trustees. Dect$ion making The Trustees tneet regularty to conshler wly. inib.ale hjndraisiry proiects and ¢Jecide on requests lor grants. Decisions are rnade by majority vote. The day to day runnirKJ of the charity is ￿rfo￿￿ed by IEuslee. S J Lancaster. Induction and trainin9 of new trustees New trustees re￿1ve inducbon infomally on trustee ￿SponsIbl11ty and Ihe affaits olthe Foundats"on as necessary. Page 2 The SJL Foundation Reptsrt ofthe Trustees for the Year Ended 13th December 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Risk rnanagemet)t The Iwstees have a duty to idents.fy and re￿￿W the risks to %vhi¢h the charity is exposed and to ensure appropriate Controls a￿ in place to provKle reasonable assurance against fraud and error. The trustees have assessed the major risks to vthich the charity r5 eXPOS8d, and are satisf*d that Systems are in place to mthgate exposure. Approved by order ofthe board of ¢ntstees on ...... . ar￿ 5￿Jr￿d on its behalf by.. SJLa ster- Trustee Page 3 Independent Exarninerfs Report to the Trustees of The SJL Foundation Independent examinorf$ report to the trustees of The WL Foundation I report to the charity trustees on my examination of Ihe accounts of The SJL FOunda￿)n (the Trustl for the year ended 13th December 2024. Responsibilities and basis of report As the charity trustees of the Twst you are respoftslb￿ ￿ Ihe preparation of the a(￿Unts in accordance wth the requirements of the Charitres Act 2011 Ilhe ACYI. I report in respect of my examinab.on of the Trnsfs accounts carrie