DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
ANNUAL REPORT
And
ACCOUNTS
for the year ended
31[ST] MARCH 2023
CHARITY REGISTRATION NUMBER
1189642
DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
CHARITY INFORMATION
Charity registered number: 1189642 Charity address: 11 Dallinger Road Lee London SE12 0TJ
Trustees:
Barry Mizen MBE Michael Conway - Chairman Clarence Eden Mitchell Nicola Everson
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DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2023
The trustees present their report and the independently examined accounts for the year ended 31[st] March 2023.
Status:
The Mizen Foundation is a Charitable Incorporated Organisation governed by its constitution.
Trustees:
The trustees named on page 1 have served throughout the year. Appointment of the trustees is governed by the constitution of the charity.
Investment and Management Powers:
These are vested in the Trustees and are governed by the constitution of the charity.
Objects:
The objects of the Charitable Incorporated Organisation are to:-
- To promote and support such exclusively charitable purposes as advance in life and help young people including without limitation by:
a) acting as a resource for young people up to the age of 24 by aiding and organising apprenticeship placements.
b) providing or assisting in the provision of activities that will enable young people to participate within the community as independent and responsible individuals.
c) promoting good citizenship.
d) providing or assisting in the provision of facilities and activities for recreation with the object of improving the quality of life in the community by working with sports clubs and teams.
e) advancing education.
f) promoting, but not proselytising, the possible benefits of Christian and other faiths in enabling the practice of forgiveness and tolerance in situations of conflict for the betterment of the wider community.
- To promote the protection of people and the prevention of crime and relieve all those afflicted by violence or abuse in their own lives whether they are aggressors or victims or both including without limitation by:
a) empowering young people to develop the ability to manage anger and to develop skills in such a way that they are better able to identify, engage and participate more fully in society without resorting to violence.
b) by encouragement of greater public participation in the prevention and solution of crime with a view to the preservation of public order.
c) by assisting the police in measures designed to reduce the level of crime; and
d) including provision of peer support to those affected by violent crime.
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DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2023 (continued)
- 3 To promote any other purpose that is charitable in accordance with the laws of England and Wales that supports or assists young people and those affected by crime.
Activities:
This year the Foundation has continued to build on the solid groundwork of its first two years, which were so impacted by the COVID pandemic. The fundamental aim in 2022 to 2023 was to expand steadily the schools and rugby initiatives whilst exploring future areas of work that might be developed.
Talk for change - Our school talks have been a cornerstone of our charity’s work, providing a platform for us to engage with young people and raise awareness of our messaging. Over the past year, we have delivered 100 talks in over 50 schools and other organisations, reaching over 16,000 young people and 1000 adults. We have received excellent feedback from teachers and students alike, with many reporting that our talks have been inspiring and thought-provoking.
Sparkle Award - The Sparkle Award is given to children who demonstrate kindness, compassion, thoughtfulness, and a heart for others. This year, a total of 18 children were recognised for their outstanding qualities and actions. It is noteworthy that these children were not selected based on academic performance, but rather for their character and how they interacted with others. They are a testament to the fact that academic achievements are not the only measure of success.
Rugby - Rugby has become a key part of our charity’s work, and we believe that it plays an important role in promoting teamwork, and character development. This year, we organised three rugby tournaments, under 18s schoolboys, a touch union competition for girls in years 8/9/10 and finally a festival for girls in years 5/6 primary schools. These tournaments provided an opportunity for young people to showcase their skills and compete in a friendly and supportive environment. We were delighted to see the enthusiasm and sportsmanship displayed by all the participants.
I am the Change - The “I am the Change” project was seen as a new community programme to replace Safe Havens which was not adopted as one of the Foundation’s projects when the charity reformed in 2020. However, following a review of the objectives of the new project and its potential management overhead and safeguarding implications, it was decided not to develop this further.
Fundraising - After a three-year gap it was great to restart the “Walking for Jimmy” event with a total of 120 walkers participating. Other regular events, Millwall’s Jimmy Day, Jumpers for Jimmy, Quiz Nights, Golf Day and other ad hoc events contributed to the income. We have been unable to pursue the level of Trust and Grants funding anticipated through a number of issues which have now been resolved. This resulted in a shortfall against budget but through careful expenditure management the charity still returned a small surplus in the year.
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DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2023 (continued)
Financial Results
In the financial year ended 31st March 2023 our gross income was £61,468.52 with salaries and associated costs of £60,736.32 creating a surplus of £732.20 and a yearend Current Account balance of £21,244.71. Allowing for a Reserve Fund of £16,000 and a Premises Reserve of £6,000 the resultant funds are available for distribution
…….……………………………….. MICHAEL CONWAY Chairman of Trustees
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DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
YEAR ENDED 31[ST] MARCH 2023
In accordance with the terms of my appointment I have examined the accounts on page 6 which have been prepared under the accounting policies set out on page 7.
Respective responsibilities of the Trustees and Examiner:
The charity’s trustees are responsible for the preparation of the accounts; they consider that the audit requirement under section 43 (2) of the Charities Act 1993 (the Act) does not apply. I have been appointed under Section 43 of the Act and report in accordance with regulations made under Section 44 of that Act. It is my responsibility to examine the accounts and statement, without performing an audit, and to report to the trustees.
Basis of Independent Examiner’s Statement:
This report is in respect of an examination carried out under section 43 of the Act, and in accordance with the directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes a review of the accounts and making such enquiries as are necessary for the purposes of this report. The procedures undertaken do not constitute an audit.
Independent Examiner’s Statement:
We have prepared, without audit, the financial statement on page 6 under the historical cost convention from the books and records of the Charity and from information supplied and can confirm that records have been kept in accordance with section 41 of the Act, and the accounts presented accord with those records or comply with the accounting requirements of the Act.
……….………………………………..
WITHERS & CO.
2 Ambleside Avenue Streatham London SW16 6AD
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DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
RECEIPTS AND PAYMENTS ACCOUNT – YEAR ENDED 31[ST] MARCH 2023
| Year ended | Year ended | |||
|---|---|---|---|---|
| 31st March 2023 | 31st March 2022 | |||
| £ | £ |
£ | £ |
|
| RECEIPTS (Unrestricted) | ||||
| Community and Events | 5,964 | 8,442 | ||
| Donations | 40,755 | 44,236 | ||
| Trading Income | 9,749 | 7,300 | ||
| Trusts and Foundations | 5,000 | 23,675 | ||
| ______ | ______ | |||
| 61,468 | 83,653 | |||
| PAYMENTS | ||||
| Overheads | 10,508 | 977 | ||
| Office Administration | --- | 5,326 | ||
| Restricted Expenditure | --- | 1,316 | ||
| Salaries and Fees | 47,384 | 51,245 | ||
| Community and Events | 2,844 | --- | ||
| ______ | ______ | |||
| 60,736 | 58,864 | |||
| ______ | ______ | |||
| NET SURPLUS | £732 | £24,789 | ||
| ______ | ______ | |||
| ACCUMULATED FUND | ||||
| Bank balance at 1st April 2022 | 42,512 | 17,723 | ||
| Net income for the year | 732 | 24,789 | ||
| ______ | ______ | |||
| Balance carried forward | £43,244 | £42,512 | ||
| ______ | ______ |
DocuSign Envelope ID: 9534B371-3DDF-45B6-9182-AB3EB7251AFD
THE MIZEN FOUNDATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023
1. ACCOUNTING POLICIES
a) Accounting Bases
These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting by Charities.
b) Income
All income from grants, donations, subscriptions are shown in the accounts in the year in which it is received. All income from fund raising activities are shown gross, with the associated costs included in fundraising costs.
c) Expenditure
All revenue expenditure is accounted for when incurred.
d) Value Added Tax
Value added tax is not recoverable by the charity, and as such is included in the relevant costs in the Statement of Financial Activities.
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