Charity registration number.. 1185614
The 2 Minute Foundation
Annual Report and Financial Statements
for the Year Ended 31 December 2024

The 2 Minute Foundation
Contents (continued)
Reference and Adminislralive Details
Trustees, Report
2to5
Statement of Trustees, Responsibilities
Independent Examine¢s Report
Statement of Financial Activities
Balan￿ Sheet
Notes to the Financial Statements
10t019

The 2 Minute Foundation
Reference and Administrative Details
Trustees
Emma Thomasson
Melvyn John Garrett
stuart Spooner
Karen Wilson
Charity Registration Number
1185614
Principal Office
Office 4
The Workshop
Belle Vue Lane
Bude
Cotnwall
EX23 8BR
Independent Examiner
Fruition Advisory LLP
29 Wood Street
Slratford-upon-Avon
Warwickshire
CV37 6JG
Page 1

The 2 Minute Foundation
Trustees, Report
The trustees present the annual reFX)rt together with the financial statements of the charity for the year
ended 31 December2024.
Objectlves and actlvltles
Objects and aiTms
To promote conservation, protection and Improvement of the physical and natural environment.
To advance the education of the public by providing all Infomialion, advice and raising awareness on
issues surrounding waste generation, waste management and waste recycling primarily across the
UK and Ireland with global aspirations.
Publle beneflt
The Iruslees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Achievements and performance
Pass It On - Environment81 Education
Successfully completed a full year of delivery of the 2 Minute Project for Schools, a programme
combining beach-based and classroom environmental education. Delivered to 15 schools, reaching
over 1,100 young people aged 5 to 19.
Delivered 234 sessions to 158 regular participants through daytime sessions for home-educaled
children and after-school Ocean Protectors clubs.
Hosted a wide range of events, including adult education workshops, family weekend aclivilies,
nighl-lime rockpooling, and eco-craftlmusic sessions in partnership with Bude Library and Global
Jamming.
Worked with diverse community groups including Bude Carers, Scouts, Cubs, and Beavers,
supporting learning and badge wort(.
Supported young people with Duke of Edinburgh Award participation, work experience, and
lifelwork skills development.
Grew our online Bude community, with 400 new members joining our local Facebook group lo
improve engagement and outreach.
Page 2

The 2 Minute Foundation
Trustees, Report Icontinued)
Key 2024 Figures".
1,536 individuals engaged through our sessions
325 sessions delivered across all age groups
121 group beach cleans conducted
500kg of litter removed from natural spaces
3,661 environmental education engagements
25 citizen Scien￿ sutveys submitted to national datasets
Pickup- Innovation in Environmental Tools
Launched the Re.'Ststion design under our eco Re'.Design initiative.
Established inlemal manufacturing capabilities and supply chains for production.
Delivered 83 litter-picking stations across England, Ireland, Scotland, and Wales
milestone in a launch year.
a significant
Progressed development of the Core product line to offer accessible, enlry-level slalions designed
for a variety of locations and user needs.
Connect Communities- Awareness, Outreach and Impact
Celebrated the organisations 10-year anniversary.
Replaced the Petr8nuthnoe Station, which was destroyed by 2 disposable BBQ, through successful
community fundraising and awareness-raising.
Delivered the 12 Days of Giftmas c8mp8ign in partnership wth environmentally aligned brands.
Partnered with Ocean Bottle and environmental influencers for The Coffee Cup Challenge,
promoting reusable cup use throughout July.
Launched the Heroes and Little Wins campaign to spotlight grassroots environmental
changemakers.
Oryanised the 2 Minute Roadshow in Torbay- 100+ people joined the beach clean at Goodrington
Sands.
Co-delivered the Wot1d o￿an Day Challenge with The Fat Face Foundation.
Contributed to sector knowledge by speaking al the South Wesl Marine Ecosystems Plastic
Pollution Seminar.
Page 3

The 2 Minute Foundation
Trustees, Report Icontinued)
Participated in national environmental discourse through..
o Two guest podcast features on environmental education and activism.,
o Six BBC regional radio interviews.,
o Hosting Monty Halls and family for Generation Sea Change",
o Features in Outdoor Swimmer Magazine and the Falmouth University sludenl newspaper.
Leadership Transition
In 2024, we said a fond farewell to Nicky Green, our CEO Sin￿ 2022 and a key contributor to the
charity since 201 S. Nicky played a vitsl role in shaping 2 Minute into the professional, compassionate,
and effective organisalion il is today.
Adam Hall joined as CEO in 2024. A longstanding supporter, volunteer, and Iruslee of the foundation,
Adam has..
Helped deliver the first 2 Minute stations.,
Presented the 2 Minute Foundation lo the Northern Ireland Houses of Partiament.,
Been recognised by the Worfd Business Council for Sustainable Development for plastic reduction
work.
He brings a strategic, impacl-focused mindset and a collaborative spirit, grounded in his deep
commitment lo protecting natural environments.
Page 4

The 2 Minute Foundation
Trustees, Report Icontinued)
Financial review
Total incoming resources for the year were £264,607 12023.. £200,366), and total expenditure was
£290,845 12023.. £278,893), resulting in a nel deficit of £26,238 12023.. £78,527 deficill. The deficit
reflects planned expenditure from prior-year restricted funds.
Total funds carried forward al year-end were £7,69912023'. £33,937), of which £623 were unreslricled
12023.. £14,885).
The financial environment for charities continues to be challenging. However, by focusing on our core
charitable objectives and maintaining sound financial management, the charity ends 2024 in a stable
and sustainable position.
Policy on r8serv8s
The charity's policy on reserves is to have 3 months core costs in free reserves and we continue lo
work towards this aim.
Structure. governance and management
Nature of govomiTng documgnt
The foundation was registered as an Charitable Incorporated Organisation ICIOI on 4 October 2019
and is govetned by 8 CIO constitution. The foundation commenced it's activities on 1 January 2020.
Recrultment and appolntment of trustees
Trustees are appointed by the board inviting them furtetview. Once all of the board are in
agreement then the Iruslee is appointed.
23 Sep 2025
The annual report was approved by the Iruslees of the charity on
and signed on its
Melvyn John Garrett
Trustee
Page 5

The 2 Minute Foundation
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees, report and the financial statements in
accordance with the United Kingdom Accounting Standards Iunited Kingdom Generally Accepted
Accounting Practice) and applicable law and regulations.
The law applicable lo charities requires the trustees to prepare financial statements for each financial
year which give a true and fair view of the slate 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 awounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP",
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained In the financial stslements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them lo ensure that the financial
statements comply with the Charities Act 2011, the Charities IAccounts and Reports) Regulations
2008, and the provisions of the constitution. The Iruslees are also responsible for safeguarding the
assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charita￿empanY'S website. Legislation goveming the preparation and
dissemination of financial slatgW8ètrgoos differ from legislation in other jurisdictions.
ADDroved bv the trustees of the charity on
and signed on its behalf by.
Melvyn John Garrett
Trustee
Page 6

The 2 Minute Foundation
Independent Examiner's Report to the trustees of The 2 Minute Foundation
I report lo the trustees on my examination of the accounts of The 2 Minute Foundation for the year
ended 31 December2024.
Responsibilities and basis of rèport
As the charity trustees of The 2 Minute Foundation you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'i.
report in respect of my examination of the The 2 Minute Foundation's accounts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
Since The 2 Minute Foundation's gross income exceeded £250,000 your examiner must be a member
of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the
examination because l am a member of ACCA, which is one of the listed bodies.
I have completed my examination. I confimi that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
1. accounting records were not kept in respect of The 2 Minute Foundation as required by section
130 of the Act., or
2. the accounts do not accord with those records., or
3. the accounts do not comply with the accounting requirements conceming the form and conlenl of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examination lo
which attention should be drawn in this report in order to enable a proper understanding of the
accounts lo be reached.
Michelle Vincent
ACCA
29 Wood Street
Slralford-upon-Avon
Warwickshire
CV37 6JG
2310912025
Page 7

The 2 Minute Foundation
Statement of Financial Activities for the Year Ended 31 December 2024
Unrestricted
funds
Restricted
funds
Total
2024
Note
Incomg and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
66,462
66,410
749
66,462
197,396
749
130,986
Total Income
133,621
130,986
264,607
Expenditure on:
Raising funds
Charitable activities
155SI
147,327
15561
290,289
142,962
Total Expenditure
147,883
142,962
290,845
Net movement in funds
114,2621
111,976}
126,2381
Reconclllatlon of funds
Total funds brought forward
14,885
19,052
33,937
Total funds carried forward
16
623
7,076
7,699
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Total income
44,430
53,655
2,443
600
99,238
45,030
152,893
2,443
100,528
99,838
200,366
Expenditure on:
Raising funds
Charitable activities
12,4571
147,293
12,4571
278.436
129.143
Total expenditure
149,750
129,143
278,893
Net expenditure
Gross transfers be￿een funds
149,2221
1,036
129,3051
1,036
178,5271
Net movement in funds
148,1861
130,3411
178,5271
Reconciliation of funds
Total funds brought forward
Total funds carried forward
63,071
49,393
112,464
16
14,885
19,052
33,937
All of the charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shown in note 16.
The notes on pages 10 to 19 form an integral part of these financial statements.
Page 8

The 2 Minute Foundation
(Registration number: 1185614
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
423
1,304
12
9,030
4,039
29,216
9,081
7.076
16,157
42,285
Creditors: Amounts falling due within one year
14
8,881
19,652
Net current assets
7,276
32,633
Net assets
7,699
33,937
Funds ofthe charty:
Restricted income funds
Restricted funds funds
7,076
19,052
Unrestricted income fund$
Unrestricted funds funds
623
14,885
Total funds
16
7,699
33,937
23 Sep 201&e financial statements on pages 8 to 19 were approved by the trustees, and 8Uthorised for issue on
and signed on their beh81f by..
Melvyn John Garrett
Trustee
The notes on pages 10 to 19 form an integral part of these financial statements.
Page 9

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
1 Aeeounting policies
Statement of compliance
The financial statements have been prepared in accordan￿ with Accounting and Reporting by
Charities.. Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Basis of preparation
The 2 Minute Foundation meets the definition of a public benefit entity under FRS 102. The accounts
(financial stalemenlsl have been prepared under the historical cost convention with items recognised
al cost or transaction value unless otherwise staled in the relevant notelsl lo these accounts.
Going concern
The trustees consider that there are no material uncertaints'es about the charity's ability lo continue as
a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a
general nature is recognised when the charity has entillemenl to the income, il is probable that the
income will be re￿iVed and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the
amount can be reliably measured.
Expenditure
All expenditure is recognised On￿ there is a legal or conslruclive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated lo
the applicable expenditure heading that aggregate similar costs lo that category. Where costs cannot
be directly attributed lo particular headings they have been allocated on a basis consislenl with the
use of resources, with central staff costs allocated on the basis of lime spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Page 10

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
Charitable activitiTgS
Charitable expenditure comprises those costs Incurred by the charity in the delivery of ils activities
and services for ils beneficiaries. It includes both costs that can be allocated directly lo such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resour￿$, for example, allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Governance costs
These Include the costs attributsble lo the charity's compliance with conslilutional and statutory
requirements, including audit, strategic management and trustees meetings and reimbursed
expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finan￿ Act 2010
and therefore il meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from laxalion in respect of income or capital gains
re￿iVed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such Income or gains are
applied exclusively lo ch8ri18ble purposes.
Tanglble flxed assets
Individual fixed assets costing £200 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Depreclatlon and amortlsatlon
Depreciation is provided on tsngible fixed assets so as lo write off the cost or valuation, less any
eslimaled residual value, over their expected useful economic life as follows..
Asset class
offi￿ equipment
Depreciation method and rate
3 Years Straight Line
Stock
Stock is v81ued at the lower of Cost and estimated selling price less costs to complete and sell, after
due regard for obsolete and slow moving stocks. Cost is determined using the first-in, firsl-oul IFIFOI.
Trade debtors
Trade debtors are 8mounls due from customers for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised initially al the transaction price. They are subsequenuy measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the charity will not be
able to collect all amounts due according lo the original terms of the receivables.
Page 11

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject lo an
insignificant risk of change in value.
Trade creditors
are obligations lo pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the does not have an
unconditional right, al the end of the reporting period, lo defer settlement of the creditor for al least
elve months after the reporting dale. If there is an unconditional right to defer settlement for at least
elve months after the reporting date, they are presented as non-currenl liabilities.
are recognised Inilialty at the transaction price and subsequently measured at amortised cost using
the effective interest method.
Fund Structure
Unreslricled income funds are general funds that are available for use al the trustees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribLJtion pension scheme which is a pension plan under which
fixed contributions are paid into a pension fund and the charity has no legal or consttuctive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating lo employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for service, the excess is
recognised as a prepayment.
2 Income from donations and legacies
Unrestrlcted
funds funds
General
Total
2024
Total
2023
Donations and legacies.,
Donations from companies, trusts and similar
proceeds
Donations from individuals
54,380
12,082
54,380
12,082
28,007
17,023
66,462
66,462
45,030
Page 12

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
3 Income from charitable activities
Unrestricted
funds
Restricted
funds
Totsl
2024
Total
2023
General
Environmental projects
Cleaning stations and services
130,986
130,988
66,408
99,238
53,655
66,408
66,410
130,986
197,396
152,893
4 Income from other trading activities
Unrestricted
funds
General
Totsl
2024
Total
2023
Trading income.,
Shop income from sale of donated goods and
servi￿$
749
749
214
2,229
Sales of goods and services
749
749
2,443
Page 13

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
S Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
Total
2024
Total
2023
General
Fundraising costs
Costs of goods sold
556
556
1,512
945
556
556
2,457
6 Expenditure on charitsble activities
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
General
Note
Environmental
projects
Cleaning stations
and services
Staff costs
Allocated support
costs
Governance costs
23,902
23,902
30,052
22,921
67,900
22,921
186,960
23,508
198,143
119,060
55,494
1,012
55,494
1,012
23,903
830
147,327
142,962
290,289
276,436
Page 14

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
7 Analysls of governance and support costs
Charitsble activities expenditure
Unrestricted
funds funds
General
Total
2024
Total
2023
Staff training
Depreciaition
Insurance
offi￿ expenses
Advertising
Accountancy
Consultsncy
Legal fees
Bank charges
Foreign exchange
1,519
881
1,336
22,667
712
14,960
12,628
1,519
881
1,336
22,667
712
14,960
12,628
811
975
1,367
13,317
3,825
1,573
1,217
281
510
281
510
819
55,494
55,494
23,904
Governance costs
Unrestricted
funds
Total
2024
Total
2023
General
Independent examiner fees
1,012
1,012
1,012
1,012
830
830
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have re￿iVed any remuneration from the charity
dLJring the year.
No trustees have re￿iVed any reimbursed expenses or any other benefits from the charity during the
year.
Page 15

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
9 Staff Costs
The aggregate payroll costs were as follows..
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
172,629
10,470
3,861
182,452
11,421
4,270
186,960
198,143
The monthly average number of persons (including senior management I leadership leaml employed
by the charity during the year expressed as full time equivalents was as follows..
2024
No
2023
No
Administration
Contributions to the employee pension schemes for the year tolalled £3,86012023 - £4,270).
No employee received emoluments of more than £60,000 during the year
Page 16

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
10 Taxation
The charity Is a registered charity and is therefore exempl from taxation.
11 Tanglble flxed assets
Furniture and
equipment
Total
Cost
Al 1 January 2024
2,970
2,970
Al 31 December 2024
2,970
2,970
Depreciation
Al 1 January 2024
Charge for the year
1,666
881
1,666
881
Al 31 December 2024
2,547
2,547
Net book value
Al 31 December 2024
423
423
Al 31 December 2023
1,304
1,304
12 Stock
2024
2023
Stocks
9,030
13 Dgbtors
2024
2023
T￿de debtors
Prepayments
Accrued income
VAT ￿e0Verable
2,700
874
5,707
2,000
679
1,273
87
9,081
4,039
Page 17

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
14 Creditors- amounts falling due within one year
2024
2023
Trade creditors
Other taxation and soci81 security
VAT payable
Other creditors
Accruals
1,360
3,536
153
782
3,050
8,881
2,659
5,161
982
850
9,652
15 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £3,861 12023
£4,270).
16 Funds
Balance at 31
December
2024
Balance at 1
January 2024
Incomlng
resources
Resources
expended
Unre$trieted funds funds
General
Unrestricted Fund
14,885
133,621
1147,8831
623
Restricted funds funds
Restricted Fund
19,052
130,986
142,962
7,076
Total funds
33,937
264,607
1290,8451
7,699
Balance at
31
December
2023
Balance at
1 January
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds funds
General
63,071
100,528
1149,7501
129,143
1,036
14,885
Restricted funds funds
49,393
1,036
19,052
Total funds
112,464
200,366
1278,8931
33,937
Page 18

The 2 Minute Foundation
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued
17 Anatysis of net assets between funds
Total funds
at31
December
2024
Unrestricted
funds funds
General
Restricted
funds
funds
Tangible fixed assets
Current assets
CLJrrent liabilities
423
9,081
8,881
423
16,157
8,881
7,076
Total nel assets
623
7,076
7,699
Total funds
at31
December
2023
Unrestricted
funds funds
General
Restricted
funds
funds
Tangible fixed assets
CLJrrent assets
Current Iiabililies
1,304
23,233
9,652
1,304
42,285
9,652
19,052
Total nel assets
14,885
19,052
33,937
18 Related party transactions
There were no related party transactions in the year.
Page 19