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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Foundation,|its Trustees and advisers||
|Trustees'
report||||2-7|
|Independent
auditor's|report|on the financial statements||8-11|
|Statement offinancial|activities|||12|
|Balance sheet||||13|
|Notes to the financial|statements|||14-21|
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|fthe policy is|fthe policy is|outlined|below.|below.|||
|---|---|---|---|---|---|---|
|Grant Makin||Polic|section||Summa||
|The fun din|riorities||||As detailed
in section 'a' above||
|Who can apply for a|||grant||The Trustees
will usually
only award grants|to|
||||||organisations
that are either:||
||||||~
registered as charities with the Charity||
||||||Commission
for England
and Wales;||
||||||~
other for purpose
organisations
based|in the UK;|
||||||and||
||||||~
registered
as charities
in Australia.||
|What type|of expenditure|||can be funded|All grants awarded
must be used to cover|costs that|
||||||are directly connected to carrying
out the charitable||
||||||activities that the Trustees have agreed to|fund.|
||||||The Trustees
usually
make grants ofbetween F5,000||
||||||and E2000 000||
|How recipients||can apply||for a grant|All proposals
must be submitted
using the|online|
||||||rocess, throu
h the Foundation's
website.||
|How the Foundation|||makes decisions about grant||The Trustees have ultimate
responsibility
for all grant-||
|applications|||||making decisions. The policy outlines
further specific||
||||||details about decision
makin
considerations.||
|Reporting|requirements|||and monitoring|The Trustees
will take steps to monitor the|use ofthe|
||||||grant and verify that the grant is used for the purposes||
||||||that have been agreed. The arrangements|for|
||||||monitoring
will vary according to the nature|ofthe|
||||||grant,
but the Trustees
will always seek to|ensure that|
||||||the arran
ements are a
ro riate and
ro|ortionate.|
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||Amount|
|---|---|
|MedGlobal
inc|E1,000|
|United
Kingdom
for UNHCR|E10,000|
|Target Ovarian Cancer|E1,000|
|Bennelong
Foundation
Australia|E1,282,266|
|The Pedro Club|810,700"|
|ThinkForward
UK|F10,000|
|Performance
Plus Sport UK|F9,881|
|Jamal Edwards
Delve|F10,000|
|Wild Young Parents Project|F8,200|
|Liskeard 8 Looe Foodbank|F11,200|
|Livewire Youth Music Project
'|F10,600|
|Total
—|F1,364,847|
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||Yearended|Yearended|Period ended|
||||||30June|30June|30June|
||||||2022|2022|2021|
|||||Note|E|F|E|
|Income from:||||||||
|Donations
and|legacies||||||2,105,000|
|Investments|||||19,506|19,506||
|Total income|||||19,506|19,506|2,105,000|
|Expenditure
on:||||||||
|Charitable
activities|||||1,377,431|1,377,431|63,169|
|Total expenditure|||||1,377,431|1,377,431|63,169|
|Net (expenditure)/income|||before net losses on|||||
|investments|||||(1,357,925)|(1,357,925)|2,041,831|
|Net losses on|investments||||(59,899)|(59,899)||
|Net movement|in funds||||(1,417,824)|(1,417,824)|2,041,831|
|Reconciliation|offunds:|||||||
|Total funds brought||forward|||2,041,831|2,041,831||
|Net movement|in funds||||(1,417,824)|(1,417,824)|2,041,831|
|Total funds carried||forward|||624„007|624,007|2,041,831|
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||||Note||2022f||2021f|
|---|---|---|---|---|---|---|---|
|Investments|||||352,613|||
||||||352,613|||
|Current assets||||||||
|Debtors|||10|17,759||||
|Cash at bank|and|in hand||275,112||2,049,631||
|||||292,871||2,049,631||
|Creditors: amounts||falling due within one||||||
|year||||(21,477)||(7,800)||
|Net current|assets||||271,394||2,041,831|
|Total net assets|||||624,007||2,041,831|
|Charity funds||||||||
|Restricted funds|||12|||||
|Unrestricted|funds||12||624,007||2,041,831|
|Total funds|||||624,007||2,041,831|
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||||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|
||||||||Period ended|Period ended|
||||||||30June|30June|
||||||||2021|2021|
|Income|from|charitable|activities|-|Community|donations|2,105,000|2,105,000|
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||Yearended|Year ended|Period ended|
|||||30 June|30June|30June|
|||||2022|2022|2021|
|||||E||F|
|Income|from|listed|investments|19,506|19,506||
##
||||Grant|||
|---|---|---|---|---|---|
||||funding
of|Support|Total|
||||activities|costs|funds|
||||Year ended|Yearended|Year ended|
||||30June|30June|30June|
||||2022|2022|2022|
||||||E|
|Audit fees||||5,460|5,460|
|Small grants||||4,983|4,983|
|Subscriptions||||103|103|
|Foreign exchange differences||||(10,932)|(10,932)|
|Management|fees|||394|394|
|Miscellaneous||||36|36|
|Legal and professional||fees||12,540|12,540|
|Bennelong|Foundation|(Austrplia)|1,292,966||1,292,966|
|Small grants|||12,000||12,000|
|Community|grants||59,881||59,881|
||||1,364,847|12,584|1,377,431|
##
|||||Grant|||
|---|---|---|---|---|---|---|
|||||funding
of|Support|Total|
|||||activities|costs|funds|
|||||Period ended|Period ended|Period ended|
|||||30June|30June|30June|
|||||2021|2021f|2021
F|
|Audit fees|||||4,200|4,200|
|ITSoftware|and Consumables||||85|85|
|Lighthouse|Community||Centre|8,500||8,500|
|The Dracaena Centre||||9,652||9,652|
|Performance|Plus Sport UK|||9,881||9,881|
|Treyla||||15,000||15,000|
|Devon and|Cornwall|Food Action Charity||10,000||10,000|
|Legal and professional|||fees||5,214|5,214|
|Conference|fees||||20|20|
|Subscriptions|||||117|117|
|Small grants||||500||500|
|||||53,533|9,636|63,169|
##
|Fees.|payable
to|the|Foundation's|auditor|for|the|audit|of|the|Foundation's|
|---|---|---|---|---|---|---|---|---|---|---|
|annual|accounts||||||||||
|Year ended|Period ended|
|---|---|
|30June|30June|
|2022|2021|
|f|F|
|5,460|4,200|
##
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|||||Cash held||
|---|---|---|---|---|---|
||||Listed|for||
||||investments|investment|Total|
||Cost or valuation|||||
||Additions||396,247|16,264|412,511|
||Revaluations||(59,898)||(59,898)|
||At 30June 2022||336,349|16,264|352,613|
||Net book value|||||
||At 30June 2022||336,349|16,264|352,613|
|10.|Debtors|||||
|||||2022|2021|
||||||F|
||Due within one year|||||
||Other debtors|||2||
||Prepayments|and accrued income||17,757||
|||||17,759||
##
||2022|2021|
|---|---|---|
||E|E|
|Trade creditors|4,983||
|Accruals and deferred income|16,494|7,800|
||21,477|7,800|
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Gains/|30June|
||||July 2021|Income|Expenditure|(Losses)|2022|
||||E|||||
|Unresbicted||funds||||||
|General|Funds||2,041,831|19,506|(1,377,431)|(59,899)|624,007|
|Statement of||funds - prior year||||||
||||||||Balance at|
||||||||30June|
||||||Income|Expenditure|2021|
||||||||F|
|Unrestricted||funds||||||
|General|Funds||||2,105,000|(63,169)|2,041,831|
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|Analysis|of net assets between funds - current ye|ar||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
||||E|
|Fixed asset investments||352,613|352,613|
|Current|assets|292,871|292,871|
|Creditors|due within one year|(21,477)|(21,477)|
|Total||624,007|624,007|
##