## **The Laura Waddington Charitable Foundation**
Trustees Annual Report and Financial Statements (Unaudited) For the period ended 5[th] April 2022
Registered Charity Number: 1184818
Registered Company Number: CE018472
_Laura Waddington Charitable Foundation Annual Report and Financial_
_Statements_
## **Contents**
|Oficers and Advisors|1|
|---|---|
|Trustees Report|2|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7|
## **Officers and Advisors**
## **Trustee Board:**
Stephanie Emily Thirkill (appointed 8[th] August 2019) Jonathan Alan Thirkill (appointed 8[th] August 2019) Andrew Robin Thirkill (appointed 8[th] August 2019)
## **Registered Office:**
**Registered Office:** 2200 Century Way Thorpe Park Leeds LS15 8ZB **Company Registered Number:** CE018472 1184818
**Charity Registered Number:**
3
## **Trustees Report for the Period Ending 5 April 2022**
The Trustees are pleased to present their annual report together with the financial statements for the Laura Waddington Charitable Foundation for the period ending 5 April 2022
The Trustees confirm that the financial statements presented comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## **Objectives and Activities:**
## _**a. Objectives**_
Founded in 2019, the Foundation is a grant-making organisation that is funded by the goodwill of others, in addition to its own fundraising initiatives.
The Foundations objectives are to advance such charitable purposes (in accordance with the applicable laws of England and Wales), as the Trustees see fit from time to time.
## _**b. Grant making policies**_
Under the terms of the Charity’s constitution, the Trustees will apply the Charity’s funds at their discretion to further the Charity’s objective described above.
In awarding grants the Trustees will apply the following principles:
- Applications from any geographical area within the UK are eligible for consideration, but priority will be given to those which meet the current priorities set by the Trustees.
- All applications from previous recipients of grants or from previously unsuccessful applicants will be considered by the Trustees on their own merits. Although the Trustees will have regard to the outcome of previous grants, any new application will in no way receive preferential or adverse consideration.
- The Charity will willingly work in partnership with other organisations to fund initiatives beyond the financial scope of a single organisation.
## **Achievements and Performance:**
The Foundation has yet to generate or award any funds at this time
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## **Statement of Trustees’ Responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SQRP;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for' taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees, on 31[st] March 2021 and signed on their behalf by:
**A R Thirkill** Trustee
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## **Statement of Financial Activities**
## _**for the period ended 5 April 2022**_
**Total funds for the period ended 5 April 2022 £**
**Income** Donations and Fundraising **Total Income Direct Charitable Expenditure** Donations **Total Expenditure Net Movement in Funds**
6
## **Balance Sheet** _**for the period ended 5 April 2022**_
|**Current assets**
Trade and other receivables
Cash at bank and in hand
**Total assets**
**Current liabilities**
Bank Overdraft
Trade and other payables
Tax payable
**Total liabilities**
**Net current assets**
**Total funds**
Total unrestricted funds|**For the**
**period**
**ended 5**
**April 2022**
**£**
**-**
**-**|**For the**
**period**
**ended 5**
**April 2022**
**£**
**-**
**-**|
|---|---|---|
|||**-**
**-**
**-**
**-**
**-**|
|||**-**|
|||**-**|
- For the period ended 5 April 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies
- The trustees have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006
- The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
- The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime
## **A R Thirkill**
_Chair_
Charity registered number: 1184818
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