ChaFity regÈstration number. 1185614
The 2 Minute Foundation
Annual R8FK)rt arKI Frnanaat Slatem8nts
Fruibon Accwnlancy LLP
Strathrd.uDon-Avon
Warwic*shire
CV37 6JG

Thè 2 Minuts Foundation
Refe￿n¢@ and Adminislrthe Dètals
Tntst6es' Report
2to3
Statsment ofTrustees' Re4))n￿NI1ieS
ItNaep8ndent Exa￿ll￿e￿ ReF*Xt
ststernent of Financial Activitles
Notss to the Financial Statements
8t016

The 2 Minute Foundatlon
Reference and Admlnistrative Details
Kate Jate Cox {reSIgT￿ 16 July 20r3)
Karen wil￿
M&bn Ja(*tson (restgned Z3 January 2023)
Yvett& Curtis (appoVrt￿ 10 February 2023 and re￿gn￿ 27 Mar
2024)
Principal Office
Offic* 4
The W(xktyi
BeNe Vue Lane
Comwal
EX23 8BR
Charfty Reglstratlon Number
1185614
Independant Examlner
wa￿￿C*shir8
CV37 ￿G
Page I

The 2 Minute FotEndation
Trustoos. Report
Th8 trustè8s pr&s8nt th8 annual reFQrt tcgelherwith the ffirArKial slatemerts ofthe tharity for￿ ye
ended 31 December 2023.
ObjoGtivEs and acttvitt
Objects and alms
To promote ￿SeNatiOn. protec*ion and improvwiwrt of the phwj and natural 8nvironmenL To
advance thè 8du(2tion of th8 wblic by provthg all vrforrnali￿. advi￿ and raising awareness on
issu8s surrounding waste generati(￿. 7Kaste mawem8nt aTNI vrasta recydiro primarity arxoss the
UK and Ireland with global aspiFaticqJs.
PubllG I￿n6fft
Th@ trustses confirm that tw have oJmpligJ with the requirements of section 4 of the Chaiittes Act
2011 to have due rega￿ to the ￿br￿ guidance by the CkArrty Comrnission for
land and Wales.
Achlevements and pgrforman¢e
2023 saw th& celebration of the 10 year anniv￿￿ of ￿ #2Minuteb￿th￿￿￿ hashtag and dtEring
the year saw the charti￿$ first successfijl s￿lat aL*on Coffee Cup Challenge campaign. as wdl as
the successful CrO￿nder. raislw £15,1￿.
Key events during the year iM4uded atter￿lry th8 Lorthn Rad Carp8t 8V8nt as tha *stlcs 8XP8rt for
an episode ofthe Neffirx cartoon series WiracxJkNJS La￿￿g aThJ Cat Noirt, a Tour in Northumbertand
that reathed over 3,500 ftYlNtdt*]s aThJ high brarKI tr4)osurè on the main stage at Ocean Fest
abngsldé gkjbal ads.
Akn raising 8W8reness of the brand. was a 2 bea* dean as of a)￿r¥atiOniSt Morty
Halls. Generation Sea Change pro1￿ higNighting ts)astal projects and organisatiorts having a
posthve Impact on the marine environment The ctwtty wa5 abo feathod on The One Show 2nd in
County Lrfe magazine.
In tom￿ of ￿nneCt[ng with iThJtviduaL% aEMJ cwrrnnth8S. the beach sthcd taught 1.281 ￿Ung wpt8
during the year, with $8ssions suppxvled by dryT0￿. 80 new stations YRre placed into communiti&s,
whiL8t at Ihe same time, a new and sJslainaiAe design was d8veW.
annual one-off don8tion-b8sed 1X￿In￿$S pBckage.
Flnanclal revlew
The charitys total ir￿￿ng resources fory8ar vme £2(Kl.366 (2022: f291.180). ar¥J Itrtal 8xp6nditu
for the was £278.893 (2022: £276.380I Thks fesulted n a deficit for thè year of £78.52712022:
£14.800 Su￿lusI. due tr) funts beÈng spant that had ￿en r￿1Ved prior to the year. At thè end of th8
ysar, the charity heEd total fvnds of £33.937 {2(YZ2: £112.4641 or whth £14.885 (2022 £63.071)
Pap2

The 2 Minute Foundation
Trus￿. Report
The ch8ritys policy on r8serves is to have 3 m(Mth (¥xe wsts in fr•& reserves and y￿ LX)n1]n￿ to
Nalure of gowqrnlng docujjwnt
The foundation was registered as an Chariiatle IncorF￿21ed Organisation (CIO) on 4 Odober 2019
and is governed by a CIO COr￿t[b￿ll0n. The f(N2rKlaticm (X)mn￿need Irs act¥iEps op. l January 2020.
Trustees are appointed by the bcord Inv￿ them fDr irrtermv. Once of the ￿ard are in
agreement then the tntstee is appoin￿1.
The annual rep(4t Vts5 approv•J by Ihe Injstees of ￿rity on .
behatf by.
ar￿ signed on its
Tfustee

The 2 Mrnute Foundation
Statement of T￿￿. R•sponslbilities
The tru6te8s are resFonsiblg for prepariThJ the trustees. rewrt and the finanlyal s18t8ments in
accordan￿ tha Urrit8d lfjngdoffl Aoxuntiro St8ThJatd8 (Unibj TrTr7g(k)m Generalty Accepted
Acwunting Practice) arjd appfi&le law and regulatvJns.
The law applicabl8 to ch8rib&s requires the trustees to pr4)are firfanaa slaten￿ts for ea(* financtal
year whid) give a tNe and fair of the stste of affai[5 of the thaiity and of in￿[￿1￿9 resource9
and appli&ton of rasources of the dwTty ts that In EwrirwJ these finarnaal StateM￿tts.
trustees are required to:
sele(* suilabl8 acc£Junting p￿￿leS then apply thewn
observe the meth(Nts and principles w) th8 Charilie5 SORP.
stsle wheth& appfic£ble aC￿un￿ln9 stsrKlards have boon fd10w￿J. subj8(* to any rnateri
dapartures disckned and expianed in the finan(#al sbloments. and
prepare financial $18t8ments on the cO￿8M basis unl￿S it is inapprcyrkts to presume
that th& ctrtsTtty ol￿11￿￿2 in t￿inesS.
acAyJfdCy at any lime the finarKaal F￿Si￿On of the (knrity and enaL4e them to ertsure that lha fir￿[￿￿￿1
ststements comply *lth IhètharitiBs Act 2011. the app112b￿ Chariliès (Actounts and Reports)
Regulations. arKJ the provisions of Irie o)nsbtut*￿. The irus1￿ are also responsible k)r safeguardir
the assets of th8 charity and henc8 for taking rea9xAtrAè steps for ihe prev8ntion and deteclion of
fr3ud and t)ther irrgJul8rrti8s.
Aoproved by the truslees ofts tharity ￿ ..... ...
Z+ ￿ signgs on Ils b8hatf by.
me￿ Johfi Gaffett
Trustse
Page 4

The 2 Minute Foundatlon
Independent Examinerfs Raport to the trustees of The 2 Mlnute Foundation
I report to tho bustees on my examination of the ac£•)unts of The 2 Minute Foundalon for the year
end9d 31 December 2023.
Responsibilities and basis of rgport
As the charity tnjstees of The 2 Minute Foundatk)n you are responsibl6 for the preparation of the
arLounts ih aCcI￿dance the requirements of the Chartties Act 2011 (lhe AcV}.
I rewrt in respect of my examination of the The 2 Minut8 Foundation's acxJwnts Carried out under
section 145 of the 2011 Aet and in caryng (yjt my examination I have follow•J all t￿ applicable
Directions given by the Charity Commission under section 145(5)(bl of the ACL
Independent examlnevs statsment
I have completed my examination. I ccmfirm that no material matters have o)me Iv my attention In
connection wth the examination giwng me c8use to beli8ve that in any material ￿peCt.
accounting re(J)rds were not kept in reskyt of The 2 Minlrte Fcyjndation as ￿qUired by section
130 of the A¢l' or
2. the a(£cunts do not accord with those record8" or
3. the a¢counts ¢kt not comply wth th8 accounting requirernents conc9ming the form and content of
a¢¢ounts set out in the Chartb8s (Accounts and Reporls) Regulations 2008 other than any
requirement that the accounts give a Irue and fair vievf ￿1¢h is not a matter consldered as part
of an Independent examinatw)n.
I have no concems and have come across no other matter5 in connecthjn with the exAmination to
which attention should be dra￿ in this report In ￿er to enab￿ a propar understanding of the
accounts to be reached.
elle Vincent
ACCA
29 Wood Street
Stratford-upon.Avon
Warwickshire
CV37 6JG
Date..
149120¥
Page 5

The 2 Mlnute Foundation
statement of Financial Activities for the Year Ended 31 December 2023
Unrestrlcted Restri¢t¢d
funds
Total
2023
Intom6 and Endowments from:
Donatlons and 18gacies
Charttable activities
Other trading advibés
44.430
53,655
2.443
600
99,238
45,030
152.893
2,443
Total Income
1CN).528
99,838
200.366
Expendtture on:
Raising funds
CharEtable activibes
(2.457}
147,293
(2.457)
276,436
129,143)
Total Expenditure
149.750
129,143
278,893
Net expendtbjre
Gross transf8rs batr￿8n funds
{49,2221
1.036
(29,305)
1.036)
(78.527)
Net movement in funds
{48,186)
(30,341)
178.527)
Reconclllatlon of funds
Totsl funds brought forward
63,071
49,393
112,464
Total fiJnd8 carried forward
15
14,885
Unrestrlcted Restricted
nds
funds
19.052
33,937
Total
2022
Income and Endowments from:
Donab"ons and legaues
Charitsble acttvitses
Other trading a¢tNttses
80,335
202,526
8.319
118,211
8.319
84.315
Total income
206.865
84.315
291,180
Expendlture on:
Raising funds
Charitable activthes
(12.262)
171,842)
(12.2621
{264.118
92,2761
Totd expenditurg
184.104
92,276
276,380
Net incomel(expenditure)
.961
14,800
Net movement in funds
22.761
(7.961)
14,800
Reconciliation of funds
Total funds brought forward
Total funds (xrried forward
40,310
57,354
97.664
15
63.071
49.393
112.464
l of the chartys actsvitles derive from continuirvJ operatk)ns during the above peri)ds.
The funds breakdown for 2022 is sh¢y￿n in note 15.
The notes on pages 8 to 16 fcxm an integrd part of these finaniaal statements.
Page 6

The 2 Mlnute Foundatlon
(Reglstratlon numb•r. 1185614)
Balance Sheet as at 31 December 2023
2022
Flxed ass8ts
TangitAe assets
12
13
8.653
4.039
29.216
C&%h at bank and hand
101.846
119.382
Credltors: Amounts fauing due within one y
14
8.653}
32,633
110.729
Net assets
33,937
112,464
Funds of the tharity:
Rostrfthd funds
19.052
49.393
Unrestncted tunds.
14,885
63,071
Total fund5
15
33.937
112,464
naai slateTnerrts on pages 6 10 16 wèTr approved bythe tsiisl* and authori￿ for issue on
... and sigr*d on their bthalf ty.
Mew John G8rrett

The 2 Minute Foundation
Notes to tho Financial Statsments for the Year Ended 31 Doc•m￿r 2023
1 AcGouTrting polklos
The finanaai statements have b88n pr8pargJ in a(X￿r￿￿ A￿(￿Jntlng and Repcrfting by
Chartties: Statèmant of Recommended Pra¢tir* ap￿￿ab1fr to thathies pfBparing accounts in
accordance the Finan(¥al Reporbng Standard appr￿￿b￿ in UK 2nd Republtc of Ireland (FRS
1021 {effe¢bve 1 January 2019) - (Chartlies SORP (FRS 102)). the Fironaal Reporbn9 Standard
applThbio in the UK atKI ReputAi¢ of Ireland (FRS 102) arna the CtrAiities Act 2011.
Basts of preparatlon
The 2 Minute Foundation meets th& definitlon of a elltity under FRS 102. Assets and
liabdibes are inittalty recogntsed at histoiThl (x& or transackn vatue unless Oth￿l$e stated in th&
relevant awtyjnting poly notes.
Ex•mptlon from preparing a cash Ilow statem
Th8 tharity opted to ￿]Y adopt BulletÈn 1 publishgj on 2 Fthpry 2016 atxl ha￿ th￿efore not
inGJud&J a cash ftow Statem￿ in these financial slatfftnts.
Golng con¢em
Th& I￿￿t￿eS consKler that there matwkl urMxrtaFnlt8s atmxrt th8 ctrwTVs abifty b) wnttnu#
a going corKern.
Incom8 and endowments
Voluntary tncome includirwJ dtina1h￿. gffts. Iwjaaes aml grants that wovrde (J)re ￿nthng oTore..of a
gBneral nabJre is rpcajgnised when the charity entilknt to th8 in(x)me. it IS PFDbabl8 fhat the
Donats"ons andjegxles
amount r2n bo rel￿blY m&8sured.
Expenditure
l eXpend[tU￿ is r8cognised oncE there is a legal or (xjrtstr￿lWe obliga￿n to that expenditur8, it
probable setuement re4uired and the amount Can be rn83surgJ reliably. All costs ar8 allocated to
the applicable eXpendI￿rg heading that ￿gregate simlar costs to that category. Where costs cannot
b8 dI￿￿Y attributed tQ PETti%)Jlar h8aifmgs th8y have been aN(Ka1￿ on a basts conststent with the
use of resour￿8. with cwrtral staff o)sts aDocaW on the basis of time spent arhl depreciation
charges all¢x*d on the p)rtion of the assefs us& Oltr￿ suprK)rt u)sts are 8UocaW based on th
spread of staff (x)sts.
Raising funds
I[￿U[led in trading athib&8 ttlat raise fu￿ts.

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023
Chautable expendibJre e£JrnpY￿ th(Kqe u)sts by the dHTty tn the de￿ery of its actsvibes
and those Gosts of an [ndIr￿ nthre necessary to SUFWt th8m.
Support Costs
Support costs inthdg r*ntral fvnctions and have tw albLZted to aL*vity cost *ories on a basi
Capita, staff costs by th8 time speTrt aTid other a)sts by their us&F.
Governance costs
These indude the (x)sts attrft)utaL￿e to ￿ L*aritls wlth ￿￿l￿Onal and stabJtory
r8quirem6nts. indLMJing audit strategic management and tnjstees's M￿tIngS and reimbursed
Taxation
The Ghar5ty (>)[￿idered to pass the tests set (*rt in Parngraph 1 S(I￿lU16 6 ofthe Fir￿n￿ A¢É 2010
and therefore tt meets the definttion of a tharilab18 for UK corporation tax PUTPOSeS.
Accordingly, the t*arity ts potentially exempt from taxation in reswl of in(x)me or (xpttal gains
re￿iVed within categorie5 covered by Chapter 3 Part 11 of the CoTPCrtion Tax A¢X 2010 or Sedion
256 01 the Taxation of chargeab￿ Ga￿5 Act 1991 to the extent Ihat such in(x)me or gains are
appaed exdusivety to tharItab￿ pwFv￿.
TaTrgtble ￿ed assets
Indrffjdual f￿ed assets costlThJ £21JO or more are inlttalty at ts* lass ￿ subwuént
accumulated depreaath)n and wbw]uent aLxumulat&l tynpaim)ent k)sses.
Depreclall¢)n and amOrt￿Tr
D6pr8ciation ts provid*1 on t￿ible assets so as to wrrte off 1h8 ¢))st or valuation, less arty
Asset class
Office equipment
Depreclatlon method and rate
3 Years Straight Lin8
Stock
Stockils WaI￿e￿ atthe k)wer of Ix6t and estimatgd pr￿￿ less (x)sts to ￿mIle18 and s811, after
due regard for obsolete and slow mf)viro ￿ Cost is determined using the fiTSt4n. fftst-oul (FIFO).
Trade debtors
a￿ atnourrts due from customers for merchaThYlse sold or seNlees In the ordinary course
of busin￿.
using the effective interest meth(Kt, less provisM)n for impainYenL A FmisK>n for the impairnient of
est2blished when ther? is otyective evwIer￿ Ihat the Mll not be able to colknt all amwnts due
acrx)rding to the origfftal temis of the r￿1Vab[&s.

The 2 Minute Foundation
Notes to the Flnancial Statements for tho Yoar Ended 31 December 2023
Cash and c*sh equlvalènts
Cash and cash equivalents cofftprtse rash on hand arKI cau deposrfs. and other short-tenn highty
IiquKI investments that 8r8 TSad￿Y ConvertiL￿e to a kJKwm amount of cash arKI are sjbject lo an
insigntficAnt risk of change in value.
Trade creditors
alp obligalions to pay ￿ g(￿S crf Se￿(￿ that been ac4uwed in the ordinary GouTre of
business from gJppli8rs. ALxourrts payabl8 are (knified as current habi￿tieS rf the does not have an
uncondlticrt￿l rigtrt. at the end of the Twjtng FwicKI. to dpfer setllement of the uaditor for at Igast
e mixths after th8 r8portrng date. If there is an unLx*v￿rtl(￿l right tr) d8far sgtuement for at least
are recognised initialty al transacaK)n Pri￿ and subsequ8nty measured at aTnortised cost using
the effective int8r8st rnettr￿L
Fund structure
Unrestricted income funds are general fvNJs that 8re avakFA& for usa at th8 I￿￿'S discrotion in
furtheranca oftha otgeclives of the r*wity.
Rgstficted in￿rne fijnds are those thn8￿1 for use in a parti￿lar area cff for sp&Yfic purposes. the
2 Incom8 from donatlons and legaGwos
Total
2023
Total
2022
Donaiiorts arKI legactes."
Oonations frorn Lyjfflpanies.
Irusts and similar
Dor￿tionS from indiwduats
28.1)07
16.4f6
28,CH)7
17.(Y23
68.473
11.862
44,430
Page 10

The 2 Mlnute Foundation
Notes to the Financial Statements for the Year End￿ 31 Docombor 2023
3 Income from chaiitsbla actsvrtl8s
Total
2022
funds
2023
EnvironTnental proieots
Cleaning stattons and servmxs
99.238
84.315
118211
99238
152.893
202.526
4 Incom8 from othertrading aCtivit￿S
funds
Totsl
2022
2023
Trading inC￿me.
Shop income from sde of dor]th g(xxJs and
servi(Es
Salos of gocts and seTrices
214
214
3.426
4,893
8.319
2.443
Page 11

The 2 Minute Foundation
Notes to the FlnarKlal statem￿ for trfft Ended 31 Decomber 2023
5 Expenditure om raisiry fitrKIs
a) Costs of tradlng a¢tivibes
Total
2023
Total
Fundraising costs
Costs ofgoods sold
1,512
945
1.512
4,853
7.409
2.457
12,262
Exp8ndknTO on chartlable activhi
Total
2023
Total
2022
funds
Environm￿￿[ proj
Cleaning stations arKI services
250
116.491
116.741
92276
45.164
113,119
12,337
12
264.118
103.954
18.751
111.454
23.903
830
AIoc2ted 8L5pfM)rt costs
S.152
147293
129.143
276.436
Governance costs
funds
Total
2023
Total
2022
Indep￿￿￿￿t QX2minerfees
Page 12

The 2 Minute Foundation
Notes to the Financial Slatsmerts for the Year ErKled 31 December 2023
durtng the year.
9 Stsff costs
The aggregate pEyrdl costs were as fokn
2023
2022
Staff ￿$ts durfng tho ygar wore:
Waw arKI sthies
111,454
113.119
The month5y average numbw of tW50ns (Mduding sonk)r Manag￿)ent team) emF40y￿1 by the
charity duyw the year expressed as full time wwivalents 05 fot]ows:
2023
No
No
Admlnlstratlon
No employee recewed emoluments of more £60.(KKI durtng the year
Page 13

The 2 Minute Foundation
Notes to the Financial Statements for the Year Endod 31 D￿ember 2023
10 Taxallon
11 Tanglble flxod assets
Fumknye
oqulpm9nt
Total
At 1 January 2023
Addttsons
2.426
2.426
At 31 D￿rtber 20Yd
2.970
2,970
Dppyxlatlon
At 1 January 2023
ChatYJe for thè
At 31 D￿mber 2023
691
975
975
1,666
Net book Ydlue
At 310ecembw 2￿23
At 31 December2022
12 Stock
2023
stoc*s
13 Debtors
2023
2022
Trade debtors
PreEJaym
Accru8d inwme
VAT recoverdble
679
1273
87
324
8.883
14

Tho 2 Minute Foundation
Notes to the Financial Ststements for the Year Ended 31 December 2023
14 Creditors: amunts f811ing due wtthin one year
2022
Trade c¥edrf(ors
Other taxation at]d soaal S8￿ri￿
VAT pW8
2.659
5.161
3.496
850
4.133
9.652
8.653
15 Funds
Balan￿ at
31
DKember
Balan¢e at
Unrestricted ￿ndS
Gonardl
Unrastiicted Fund
63.071
11YJ.528
(149.7￿)
14.885
R6Strfctsd funds
Restrict￿] Fund
49.393 99.838
129.143
1.0361
19.052
Total fvnds
111464 2￿.366
278.893
33.937
Balance at
Balanca at 1
IrKomlng
Resour￿$ 31 De¢ombar
January 2022 resources oxpèndod
2022
Unréstr1￿ funds
General
Unr8Stric*ed Fund
40.310
(184.104}
63.071
Restslded F￿d
49.393
Tolal funds
97.e64
291,180
(276J80)
112.464
Page 15

The 2 Minute FourKlation
Notes to the Financial Statements for the Year Ended 31 Dewnber 2023
Unrnstrided
funds
T￿31 funds
Tangibl8 fixed assets
Current assets
Current118N￿es
1.304
42,285
9.652
23.233
19.052
Total net assets
14,885
19.052
33337
17 Relatsd paty transactions
Page 16