**Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year 01 01 2023 31 03 2024 **From To**
## Section A Reference and administration details
**Charity name** The Martin-Jenkins Foundation **Other names charity is known by Registered charity number (if any)** 1184095 **Charity's principal address** Pythingdean Farmhouse Pulborough **Postcode RH20 1BS**
## **Names of the charity trustees who manage the charity**
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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)**|
|---|---|---|---|---|
||Tim Martin-Jenkins|Chairman||Trustees|
||LilyMartin-Jenkins|||Trustees|
||Robin Martin-
Jenkins|||Trustees|
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||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**||||
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Appointed Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
Tim Martin-Jenkins is a member of The Council of Marlborough College (reg charity 309486) and chairman of the trustees of The Marlborough College Foundation (reg charity 1061798). These charities benefit from grants made by the Martin-Jenkins Foundation.
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- training of trustees; The charity’s financial year end was changed from 31 December to 31 March, so that the reporting period is for the 15 months to 31 March 2024.
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
To advance any purposes which are exclusively charitable under the law of England and Wales from time to time by providing grants to charities or other non-profit organisations or individuals identified by the trustees at their discretion focusing mainly on the UK.
March **2012**
**TAR**
2
The trustees have continued to have regard to the guidance issued by the Charity Commission on public benefit.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Grants of £250,250 were made during the year. The trustees have continued to work with The Marlborough College Foundation (charity number 1061798) to support means tested bursaries for pupils unable to afford fees, and programmes for social mobility through raising awareness of and preparation for university education. The trustees continued to support the furtherance of science and innovation teaching. We work closely with The Marlborough College Foundation to frame and extend the ambitions of Marlborough College to increase social mobility, partnering with local schools and providing transformative educational opportunities for young people.
The partnership between Fitzwilliam College Cambridge, Marlborough College and Swindon Academy continues. A successful residential programme in Cambridge in 2023 and days at Marlborough College allowed three year-groups from Swindon to participate. Selected pupils from Swindon receive mentoring from Fitzwilliam undergraduates. Swindon Academy pupils continue to demonstrate increased confidence and awareness of university life. Four Swindon Academy pupils are at Marlborough College on full bursaries.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
Section D Achievements and performance
Grants of £250,000 were made to Marlborough College to support social **Summary of the main** mobility and science innovation. **achievements of the charity during the year**
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
Not greater than 4% of the total return from endowed funds may be withdrawn for grant making.
## **Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
Grants paid out exceeded donations received by £93,294. There was a recovery of 20% in the value of the equity portfolio during the reporting period. The portfolio remains invested in companies with long term growth potential.
- how expenditure has supported the key objectives of the charity;
- **investment policy and objectives including any ethical investment policy adopted.**
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** TDMJ **Full name(s)** Timothy Dennis Martin-Jenkins **Position (eg Secretary, Chair,** Chairman **etc) Date** June 2024
March **2012**
**TAR**
5
|Donations|**-**|**152,706**|**-**|**152,706**|**-**|
|---|---|---|---|---|---|
|Gift Aid|**-**|**4,250**|**-**|**4,250**|**-**|
|Dividends ii|||**8,275**|**8,275**|**-**|
|Interest|**-**||**2,888**|**2,888**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**_(Gross income_
_for AR)_|**-**
|**156,956**|**11,163**|**168,119**|**-**|
|**A2 Asset and**
**investment sales, (see**
**table).**||||||
|**Sale of shares**|**-**|**-**|**101,725**|**101,725**||
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**|**-**|**-**|**101,725**|**101,725**|**-**|
|**_Total receipts_**
**A3 Payments**||||||
||**-**|**156,956**|**112,888**|**269,844**|**-**|
|||||||
|
Grants Made|**-**|**250,250**||**250,250**|**-**|
|Bank Charges|**-**|**25**|**-**|**25**|**-**|
|Investment Platform
~~Fees~~|**-**|**-**|**164**|**164**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**|**-**|**250,275**|**164**|**250,439**|**-**|
|||||||
|**A4 Asset and**
**investment**
**purchases, (see table)**||||||
|**Purchase of shares**|**-**|**-**|**136,986**|**136,986**||
||**-**|**-**|**-**|**-**||
|**_Sub total_**|**-**|**-**|**136,986**|**136,986**|**-**|
|**_Total payments_**
**_of receipts/(payments)_**
**A5 Transfers between**
**A6 Cash funds last ye**
**_sh funds this year end_**||||||
||**-**|**250,275**|**137,150**|**387,425**|**-**|
|||||||
||**-**|**- 93,319**|**- 24,262**|**- 117,581**|**-**|
||**-**|**90,000**|**- 90,000**|**-**|**-**|
||**a -**|**5,802**|**183,090**|**188,892**|**-**|
||**-**|**2,483**|**68,828**|**71,311**|**-**|
|||||||
|**Section B Statement o**|**f assets and liabilities**|**at the end of the period**||||
|**Categories**
**B1 Cash funds**
**B3 Investment assets**
**B5 Liabilities**
**B2 Other monetary**
**assets**
**B4 Assets retained for**
**the charity’s own use**
Signed by one or two
trustees on behalf of all
the trustees|**Details**||**Unrestricted funds**
**to nearest £**|**Restricted funds**
**to nearest £**
**2,483**
**-**
**-**
**2,483**
OK
**Restricted funds**
~~**to nearest £**~~
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
ame
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**|
||||**-**|**2,483**|**68,828**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||(agree balanc|**_Total cash funds_**
es with receipts and|**-**|**2,483**|**68,828**|
||**Details**
payments account(s))||OK||OK|
||||**Unrestricted funds**
~~**to nearest £**~~||~~**to nearest £**~~
**Endowment**
**funds**|
||||
**-**|
**-**|
**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||||**-**|**-**|**-**|
||**Details**||**Fund to which asset**
**belongs**||**Current value**
**(optional)**|
||Interactive Investor|||**-**|**2,803,154**|
||Fundsmith|||**-**|**425,599**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
||**Details**||**Fund to which asset**
**belongs**||**Current value**
**(optional)**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
|||||**-**|**-**|
||**Details**||**Fund to which liability**
**relates**||**When due**
**(optional)**|
|||||**-**||
|||||**-**||
|||||**-**||
|||||**-**||
|||||**-**||
||Signature||Print N|||
||||||Date of approval|
|||||||
|||||||
## **Section A Receipts and**
**A1 Recei ts p** Donations
## Gift Aid
Dividends ii
Interest Reimburse stamp duty aid in 2021 p
## _**Sub total** (Gross income for AR)_
## **A2 Asset and investment sales, (see table).**
## **Sale of shares**
## _**Sub total**_
## _**Total receipts**_
**A3 Payments** Grants Made
Bank Charges
Investment Platform ~~Fees~~
## _**Sub total**_
**A4 Asset and investment purchases, (see table) Purchase of shares**
_**Sub total Total payments**_
# _**of receipts/(payments)**_ **A5 Transfers between A6 Cash funds last yea** _**sh funds this year end**_
## **Section B Statement of**
## **Categories**
## **B1 Cash funds**
# **B2 Other monetary assets**
## **B3 Investment assets**
# **B4 Assets retained for the charity’s own use**
## **B5 Liabilities**
Signed by one or two trustees on behalf of all the trustees
## **Charity Name** ~~**THE MARTIN-JENKINS**~~
## **For the period from**
## **d payments Unrestricted funds to the nearest £**
**----- Start of picture text -----**
-
-
-
-
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
-
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
**----- End of picture text -----**
**-**
**-**
**-**
## **f assets and liabilities at**
## **Details**
(agree balance pa
**----- Start of picture text -----**
Details
**----- End of picture text -----**
## **Details**
## Interactive Investor Fundsmith
## **Details**
Details
SignatL
## ~~**FOUNDATION**~~ **Receipts and p** Period start date 1-Jan-23
## **Restricted funds to the nearest £**
**152,706 4,250**
**-**
**----- Start of picture text -----**
-
-
156,956
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
-
156 956
,
250 250
,
25
**----- End of picture text -----**
**250 275 ,**
**250 275 ,**
**- 93 319 , 90 000 , 5 802 , 2 483 ,**
## **t the end of the perio**
## _**Total cash funds**_ es with receipts and ayments account(s))
Ire
**N**
## **payments accounts**
## **Endowment funds to the nearest £**
**----- Start of picture text -----**
-
-
8,275
2,888
-
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
11,163
**----- End of picture text -----**
**----- Start of picture text -----**
101,725
-
101 725
,
112 888
,
**----- End of picture text -----**
**-**
**164 - - - - - - 164**
**136 986 , - 136 986 , 137 150 ,**
**- 24 262 , - 90 000 , 183 090 , 68 828 ,**
## **od**
## **Unrestricted funds**
## **to nearest £**
**----- Start of picture text -----**
-
-
-
-
OK
Unrestricted funds
**----- End of picture text -----**
**----- Start of picture text -----**
to nearest £
-
-
-
-
-
-
**----- End of picture text -----**
## **Fund to which asset belongs**
## **Fund to which asset belongs**
Fund to which liability
relates
Print Na
**----- Start of picture text -----**
No (if any)
Period end date
- -
31 Mar 24
Total funds
to the nearest £
**----- End of picture text -----**
**----- Start of picture text -----**
152,706
4,250
8,275
2,888
-
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
168,119
**----- End of picture text -----**
**101,725 - 101 725 , 269 844 , 250 250 , 25**
**164 - - - - - - 250 439 , 136 986 , - 136 986 , 387 425 ,**
**- 117 581 , - 188 892 , 71 311 ,**
## **Restricted funds**
**----- Start of picture text -----**
to nearest £
2 483
,
-
-
2 483
,
OK
Restricted funds
to nearest £
-
-
-
-
-
-
**----- End of picture text -----**
## **Cost (optional)**
**-**
## **Cost (optional)**
**-**
## **Amount due (optional)**
**-**
## ame
**----- Start of picture text -----**
CC16a
**----- End of picture text -----**
## **Last year to the nearest £**
**----- Start of picture text -----**
138,000
8,277
6,053
384
1,953
-
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
154,667
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
154 667
,
250 500
,
50
**----- End of picture text -----**
**120 - - - - - - 250 670 , 513,543 513 543 , 764 213 ,**
**- 609 546 , - 798 439 , 188 893 ,**
## **Endowment funds**
**----- Start of picture text -----**
to nearest £
68 828
,
-
-
68 828
,
OK
**----- End of picture text -----**
**----- Start of picture text -----**
Endowment
funds
to nearest £
-
-
-
-
-
-
**----- End of picture text -----**
## **Current value o tional ( p )**
**2,803,154 425,599**
**-**
## **Current value o tional ( p )**
**-**
When due
(optional)
Date of approval
**Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year 01 01 2023 31 03 2024 **From To**
## Section A Reference and administration details
**Charity name** The Martin-Jenkins Foundation **Other names charity is known by Registered charity number (if any)** 1184095 **Charity's principal address** Pythingdean Farmhouse Pulborough **Postcode RH20 1BS**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Tim Martin-Jenkins|Chairman||Trustees|
||LilyMartin-Jenkins|||Trustees|
||Robin Martin-
Jenkins|||Trustees|
||||||
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||||||
||||||
||||||
||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**||||
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Appointed Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
Tim Martin-Jenkins is a member of The Council of Marlborough College (reg charity 309486) and chairman of the trustees of The Marlborough College Foundation (reg charity 1061798). These charities benefit from grants made by the Martin-Jenkins Foundation.
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- training of trustees; The charity’s financial year end was changed from 31 December to 31 March, so that the reporting period is for the 15 months to 31 March 2024.
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
To advance any purposes which are exclusively charitable under the law of England and Wales from time to time by providing grants to charities or other non-profit organisations or individuals identified by the trustees at their discretion focusing mainly on the UK.
March **2012**
**TAR**
2
The trustees have continued to have regard to the guidance issued by the Charity Commission on public benefit.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Grants of £250,250 were made during the year. The trustees have continued to work with The Marlborough College Foundation (charity number 1061798) to support means tested bursaries for pupils unable to afford fees, and programmes for social mobility through raising awareness of and preparation for university education. The trustees continued to support the furtherance of science and innovation teaching. We work closely with The Marlborough College Foundation to frame and extend the ambitions of Marlborough College to increase social mobility, partnering with local schools and providing transformative educational opportunities for young people.
The partnership between Fitzwilliam College Cambridge, Marlborough College and Swindon Academy continues. A successful residential programme in Cambridge in 2023 and days at Marlborough College allowed three year-groups from Swindon to participate. Selected pupils from Swindon receive mentoring from Fitzwilliam undergraduates. Swindon Academy pupils continue to demonstrate increased confidence and awareness of university life. Four Swindon Academy pupils are at Marlborough College on full bursaries.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
Section D Achievements and performance
Grants of £250,000 were made to Marlborough College to support social **Summary of the main** mobility and science innovation. **achievements of the charity during the year**
March **2012**
**TAR**
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
Not greater than 4% of the total return from endowed funds may be withdrawn for grant making.
## **Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
Grants paid out exceeded donations received by £93,294. There was a recovery of 20% in the value of the equity portfolio during the reporting period. The portfolio remains invested in companies with long term growth potential.
- how expenditure has supported the key objectives of the charity;
- **investment policy and objectives including any ethical investment policy adopted.**
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** TDMJ **Full name(s)** Timothy Dennis Martin-Jenkins **Position (eg Secretary, Chair,** Chairman **etc) Date** June 2024
March **2012**
**TAR**
5