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2021-12-31-accounts

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006 present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of 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 2019) (Update Bulletin 2 effective from 1 January 2019).

The Financial Statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 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 published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016).

Objectives and Activities

Objectives and aims

The formal objectives of the company, as set out in the Memorandum of Association as amended by Special Resolution, revised and approved 27 June 2021 are:

‘The objects of the CIO are the relief of need amongst disadvantaged adults, children and young people for the public benefit, in particular, but not exclusively, by the award of grants and provision of services which assist and support the development of children and young people, provide relief, support and opportunity to adults, including projects which undertake direct educational activity and food-based learning. for the purposes of this clause "disadvantaged" means persons who are disadvantaged due to poverty or financial hardship, ill health or deprived social circumstances.’

The Trustees believe that the most direct way the Charity could initially provide support to communities was to provide healthy, nutritious meals to those most in need through its ‘Feeding Communities’ programme and ‘Feet up Fridays’ initiative that provides food support to carers and cared-for in Oxfordshire. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s guidance on public benefit when reviewing the association’s aims and objectives. All activities have been in accordance with the revised aims and objectives that were approved by the Charity Commission in June 2021.

The Trustees identified opportunities to widen their community support and establish legacy projects developed from the ‘Feeding Communities’ initiatives. These projects, while still in keeping with the Foundation’s aims and objectives, aimed to establish structural change in communities through educational programmes, including those addressing food waste.

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021. Contribution

The contribution of each member is limited to £1 in the event of a dissolution of the Company.

Achievement and Performance

Charitable activities

The Charity has enjoyed significant growth over the year and now delivers its objectives through five key support programmes:

Feeding Communities - providing nutritious and healthy meals to those in need. In the year the Charity prepared delivered over 1,000,000 meals to those most in need,

Beyond Education Being Human - providing practical cooking and nutrition lessons in schools

Surplus to Purpose - an environmental enterprise that utilises food destined for waste in the preparation of nutritious meals.

Feet up Fridays - provides support to unpaid carers including the provision of meals. This initiative was developed from a successful bid to the National Lottery Community Fund that part-supported the appointment of a ‘Feeding Communities Coordinator’ whose brief included research and establishing partnerships with those working to provide key assistance to unpaid carers.

We Grow You Grow - an education programme delivered to children from an early age on how to nurture a healthy, positive mindset towards food consumption and the impact of food production and waste on the planet. The programme includes the establishment of school-based allotments.

Reserves Policy

The Foundation will aim to retain sufficient capital funds in reserve to permit it to conduct its activities as defined by the Governing Board for a period of two years in the absence of any income over this period. This is because the level of fundraising and donations are subject to factors which are not always in the control of the Foundation. However, the business model is based on a ‘money in - money out’ principles.

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Structure Governance and Management Governing document

The charity is controlled by its governing document, a deed of trust. This was amended and approved in June 2021 to reflect the developed activities of the charity from its original foundation in September 2019.

Reference and Administrative Details

Registered Charity number

1185180

Registered office

The Stables Hook Norton Brewery Brewery Lane Hook Norton Oxfordshire OX15 5NX

Trustees: Emma Bothwell Tim Cooper Jeremy Gibson Anthony Legget Sarah Edwards.

The Thomas Franks Foundation Limited Report of the Trustees

For the year ended 31 December 2021.

The Thomas Franks Foundation Limited Charity No (if any) 1185180 Annual accounts for the period Period start Period end date 01.01.2021 To date 31.12.2021

Section A
Statement of financial activities		 Section A
Statement of financial activities		 Section A
Statement of financial activities		 Section A
Statement of financial activities		 Section A
Statement of financial activities
Recommended categories by
activity
Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
Total
Resources expended (Note 4)
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income/(expenditure)
Extraordinary items
Transfers between funds
Other recognised gains/(losses):
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£		 Restricted
income
funds
£		 Endowment
funds
£		 Total funds
£		 Prior year
funds
£
213,091 - - 213,091 213,587
213,091 - - 213,091 213,587
7,119 - - 7,119 180
158,582 - - 158,582 192,810
1,000 - - 1,000 900
166,701 - - 166,701 193,890
46,390 - - 46,390 19,697
- - - - -
- - - - -
- - - - -
- - - - -
46,390 - - 46,390 19,697
19,697 - - 19,697 -
66,087 - - 66,087 19,697

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section B Balance sheet

Fixed assets
Current assets
Total fixed assets
Cash at bank and in hand (Note 8)
Total current assets
Creditors:amounts falling due within
one year
(Note 8)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors:amounts falling due after
one year
(Note 8)
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Unrestricted funds
Total funds
Signed by one or two trustees on behalf of all
the trustees
Unrestricted
funds
£		 Restricted
income
funds
£		 Endowment
funds
£		 Total this
year
£		 Total last
year
£
- - - - -
67,987 - - 67,987 20,597
67,987 - - 67,987 20,597
1,900 - - 1,900 900
66,087 - - 66,087 19,697
66,087 - - 66,087 19,697
- - - - -
- - - - -
66,087 - - 66,087 19,697
~~66,087~~ ~~-~~ ~~66,087~~ ~~19,697~~
66,087 - - 66,087 19,697
Signature Print Name Date of
approval
Tim Cooper Tim Cooper 31.10.22

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

Objectives of the Charity to support disadvantaged individuals through food projects is a continued popular cause for many businesses and individuals who have supported the Charity to date. Not applicable Not applicable

The Thomas Franks Foundation Year ended 31 December 2021 Accounting policies

Note 2 Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Support costs
The charity has incurred expenditure on support costs.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Contractual income and
performance related
grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Government grants
The charity has received government grants in the reporting period
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓

The Thomas Franks Foundation

Year ended 31 December 2021 Accounting policies (Continued)

2.4 ASSETS
Intangible fixed assets
Heritage assets
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
Investments
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Basic financial
instruments
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
Tangible fixed assets for
use by charity
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
Deferred income
No material item of deferred income has been included in the accounts.
Creditors
The charity has creditors which are measured at settlement amounts less any trade
discounts
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost
The charity made no redundancy payments during the reporting period.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓

The Thomas Franks Foundation

Year ended 31 December 2021 Accounting policies (Continued)

They are valued at fair value except where they qualify as basic financial instruments.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
Current asset
investments
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
Stocks and work in
progress
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

The Thomas Franks Foundation Limited Report of the Trustees

For the year ended 31 December 2021.

Section C Notes to the accounts Notes to the accounts (cont) (cont) (cont) (cont)
Note 3
Analysis of income
Donations
and legacies:
Charitable
activities:
Other trading
activities:
Income from
investments:
Separate
material item
of income:
Other:
TOTAL INCOME
Other information:
All income in the prior year was unrestricted except for: (please
provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are material:
(please disclose the nature, amount and any prior year amounts)
Donations andgifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donatedgoods,facilities and services
Other
Total
Other
Total
Other
Total
Interest income
Dividend income
Rental and leasingincome
Other
Total
Total
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights
Other
Total		 Analysis of income
Restricted Unrestricted Endowment
Funds		 Total Funds
Prior
Year
Donations andgifts - 202,818 - 202,818 213,587
Gift Aid - 273 - 273 -
Legacies - - - - -
General grants provided by government/other
charities		 - 10,000 - 10,000 -
Membership subscriptions and sponsorships
which are in substance donations		 - - - -
Donatedgoods,facilities and services - - - - -
Other - - - -
Total - 213,091 - 213,091
213,587
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Interest income - - - - -
Dividend income - - - - -
Rental and leasingincome - - - - -
Other - - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use		 - - - - -
Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
propertyrights		 - - - - -
Other - - - - -
Total
-		 - - - -
- 213,091 - 213,091 213,587
Not applicable
Not applicable
Not applicable
Not applicable

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C
Notes to the accounts		 Section C
Notes to the accounts		 Section C
Notes to the accounts		 Section C
Notes to the accounts		 (cont) (cont)
Note 4
Analysis of expenditure
Analysis
Unrestricted
funds
**Expenditure on raising funds: **		 This year
Restricted
income funds
Endowment
funds		 Total funds
Unrestricted
funds
£		 Last year
Restricted
income
funds
Endowment
funds		 Total funds
£
Support costs (IT, stationary) 8,119 - - 8,119
1,080		 - - 1,080
- - - - - - - -
Total expenditure on raising funds 8,119 - - 8,119 1,080 - - 1,080
Expenditure on charitable activities:
Costs of running projects (see below) 158,582 - - 158,582 192,810 - - 192,810
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable
activities		 158,582 158,582 192,810 192,810
- - - -
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure
TOTAL EXPENDITURE		 - - - - - - - -
166,701 - - 166,701 193,890 - - 193,890

Other information:

Analysis of expenditure on charitable activities

Thisyear Thisyear Thisyear Thisyear Lastyear Lastyear Lastyear Lastyear
Activity or programme Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total last
year
£ £ £ £ £ £ £ £
NHS meals -
-		 - -
61,746		 - - 61,746
Feedingcommunities 127,320
-		 - 127,320
19,795		 - - 19,795
Kitchen Social -
-		 - -
96,119		 - - 96,119
Homeless feeding -
-		 -
-
12,266		 12,266
Miles for Meals 753
-		 753
-		 - - -
Educational bursaries 27,062 27,062
Other 3,447 - - 3,447 2,884 2,884
Total 158,582 - - 158,582 192,810 - - 192,810

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts

Note 5 Details of certain items of expenditure

5.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner

1,000 900
- -
- -
- -

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C

Notes to the accounts (cont)

Note 6 Paid employees Please complete this note if the charity has any employees.

6.1 Staff Costs

Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
This year:
Total staff costs
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party
Last year:
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party		 This year
£		 Last year
£
- -
- -
- -
- -

-		 -
Community Support officer works for Thomas
Franks Limited and spends 1.5 days a week
working for the charity. This is paid for by a
National Lottery Grant received
Not applicable

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

'true' in the box provided.
No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000		 Not applicable
Band Number of employees
This year
-		 Last year
-
£60,000 to £69,999
£70,000 to £79,999 - -
£80,000 to £89,999 - -
£90,000 to £99,999 - -
£100,000 to £109,999 - -
Please provide the total amount paid to key management personnel
(includes trustees and senior management) for their services to the
charity. For specific amounts paid to trustees, see Note 28.
Thisyear Lastyear
£ £
- -
6.2 Average head count in the year
The parts of the charity in which the
employees work		 This year
Number		 Last year
Number
Fundraising - -
Charitable Activities - -
Governance - -
Other - -
Total
-		 -

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts (cont)

Note 7 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

This year:

7.1 Analysis of grants paid (included in cost of charitable activities)

Analysis Grants to
institutions		 Grants to individuals Support costs Total
£ £
Bursary 22,895 - - 22,895
Total 22,895 - - 22,895

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts (cont)

Note 8 Creditors and accruals Please complete this note if the charity has any creditors or accruals.

8.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts

Trade creditors

Payments received on account for contracts or performance-related grants

Accruals and deferred income

Taxation and social security Other creditors

Amounts falling due within
oneyear		 Amounts falling due within
oneyear		 Amounts falling due after
more than oneyear		 Amounts falling due after
more than oneyear
This year
£		 Last year
£		 This year
£		 Last year
£
- - - -
- - - -
- - - -
- - - -
1,900 900 - -
- - - -
- - - -

1,900		 900 - -

----- Start of picture text -----
Total 1,900 900 - -
----- End of picture text -----

The Thomas Franks Foundation Limited Report of the Trustees

For the year ended 31 December 2021.

Section C
Notes to the accounts		 (cont) (cont)
Note 9
Cash at bank and in hand
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
Total
This year
£		 Last year
£
- -
- -
67,987
20,597
- -
67,987
20,597

The Thomas Franks Foundation Limited Report of the Trustees

For the year ended 31 December 2021.

Section C Notes to the accounts (cont)
Note 10 Charity funds

10.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names Type PE, EE
**R or UR ***		 Purpose and Restrictions Fund
balances
brought
forward
£		 Income
£		 Expenditure
£		 Transfers
£		 Gains and
losses
£		 Fund
balances
carried
forward
£
Donation surplus UR Unrestricted for charitable objectives 19,697 213,091 166,701 - - 66,087
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 19,697 213,091 166,701 - - 66,087

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

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TRUE
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In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

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Amounts paid or benefit value
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name of trustee order, governing contribution (including
document) loss of
office)/ex
gratia
£ £ £ £ £
-
- - - -
- - - - -
- - - - -
- - - - -
Please give details of why remuneration or other NOT APPLICABLE
employment benefits were paid.
Where an ex gratia payment has been made to a trustee, NOT APPLICABLE
provide an explanation of the nature of the payment.
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Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

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TRUE
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In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

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Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Legal authority (eg contribution (including
Name of trustee order, governing loss of
document) office)/ex
gratia
£ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
Please give details of why remuneration or other NOT APPLICABLE
employment benefits were paid.
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The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021.

Section C Notes to the accounts

Notes to the accounts (cont) Where an ex gratia payment has been made to a trustee, NOT APPLICABLE provide an explanation of the nature of the payment.

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False) TRUE TRUE
Type of expenses reimbursed This year Last year
£ £
Travel - -
Subsistence - -
Accommodation - -
Other (please specify): - -
- -
TOTAL
-		 -
Please provide the number of trustees reimbursed for expenses or who had
expenses paid by the charity		 0
0

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting There have been no related party transactions in the reporting There have been no related party transactions in the reporting period (True or False) TRUE TRUE TRUE
Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 Amounts
written off
during
reporting
period
£ £ £ £

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

NOT APPLICABLE

For any related party, please provide details of any guarantees given or received.

NOT APPLICABLE

The Thomas Franks Foundation Limited Report of the Trustees For the year ended 31 December 2021. Section C Notes to the accounts (cont)

Last year

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There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
In relation to the transactions above, please provide the
terms and conditions, including any security and the nature
of any payment (consideration) to be provided in settlement.
NOT APPLICABLE
For any related party, please provide details of any
guarantees given or received.
NOT APPLICABLE
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