FINAL STRAW FOUNDATION REGISTERED CHARITY NUMBER: 1191500
Report of the Trustees and Unaudited Financial Statements For the period ending 30[th] June 2024
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 2
Table of Contents
Table of Contents ......................................................................................... 2 Reference and Administrative Details ................................................................. 3 Registered Charity Number ....................................................................... 3 Registered Office ................................................................................... 3 Trustees .............................................................................................. 3 Independent Examiner ............................................................................. 3 Bankers ............................................................................................... 3 Commencement of Activities ........................................................................... 3 Structure, Governance and Management ............................................................. 4 Type of governing document ..................................................................... 4 How is the charity constituted? .................................................................. 4 Trustee selection methods ........................................................................ 4 Policies and procedures adopted for the induction and training of trustees ............. 4 Objectives and Activities ................................................................................ 4 Summary of the purposes of the charity as set out in its governing document .......... 4 Summary of the main activities in relation to those purposes for the public benefit .. 5 Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit...................................................... 6 Contribution made by volunteers ................................................................ 6 Achievements and Performance........................................................................ 6 Summary of the main achievements of the charity ........................................... 6 Financial Review .......................................................................................... 8 Review of the charity’s financial position at the end of the period ....................... 8 Statement explaining the policy for holding reserves stating why they are held ........ 8 Amount of reserves held........................................................................... 9 Explanation of any uncertainties about the charity continuing as a going concern ..... 9 The charity’s principal sources of funds ........................................................ 9 A description of the principal risks facing the charity ..................................... 10 Declaration of Payment to a Trustee for Services .......................................... 10 Declarations ............................................................................................. 10
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 3
Trustees’ Annual Report for the financial period from 1[st] July 2023 to 30[th] June 2024
The trustees of the charity present their report with the financial statements of the charity for the period ended 30[th] June 2024.
Reference and Administrative Details
Registered Charity Number
1191500
Registered Office
36 Oak Tree Drive Emsworth Hampshire PO10 7UE
Trustees
Wendy Bessant Thomas Handley Paul Hawkins Ian Jubb Pollyanna Smithson (joined 21.08.2023) George Yeoman (joined 27.06.2024)
Independent Examiner
Accountart 5 St Thomas Ave Hayling Island Hampshire PO11 0ET
Bankers The Cooperative Bank P.O. Box 101 1 Balloon Street Manchester M60 4EP
Commencement of Activities
The CIO formally commenced activities on 28[th] September 2020 following the gift of total fund balances of £2,099.64 from the Final Straw Solent CIC (Company number 11393298), whose activities this entity continues. It is governed by a Constitution, having been amended by special resolution by the Trustees registered at Companies House on 28[th] September 2020.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 4
Structure, Governance and Management
Type of governing document
The charity is governed by a Constitution based on a Charity Commission model constitution for a Charitable Incorporated Organisation (CIO).
How is the charity constituted?
The charity is a Charitable Incorporated Organisation (CIO).
Trustee selection methods
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. New trustees are selected based on the skills and experience required to complement the existing board of trustees for the effective administration of the CIO.
New Trustees will be selected either through a direct approach by existing Trustees for specific skillsets, or by advertising the role on appropriate websites and/or press.
Policies and procedures adopted for the induction and training of trustees
New trustees meet with existing trustees and key members of staff to ensure that they feel comfortable with the organisation and happy to become part of the team.
The charity trustees will make available to each new charity trustee, on or before his or her first appointment a copy of the current version of the current constitution and a copy of the CIO's Latest Trustees' Annual Report and statement of accounts.
Trustees are also directed to useful information on their duties and responsibilities through the Charity Commission website.
Objectives and Activities
Summary of the purposes of the charity as set out in its governing document
To promote for the public benefit, the conservation, protection and improvement of the physical and natural environment, in particular but not exclusively by:
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protecting coastlines, waterways and outdoor public spaces from litter and plastic pollution
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raising public awareness of the negative environmental consequences of plastic pollution and single-use plastic.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 5
Summary of the main activities in relation to those purposes for the public benefit
- Create innovative projects at individual, community, commercial and wider societal levels that reduce or inspire the reduction of waste and conservation of the natural environment, ranging from art installations to accreditation schemes.
These engage the public and businesses to consider how they can make simple changes to reduce their single-use plastic ‘footprint’, particularly focussing on items that are not totally necessary. A reduction in use of these items will naturally lead to less single-use plastic entering our environment, damaging wildlife and potentially human health. Key activities in this period included rolling out the charity’s Borrow Bag scheme to more areas and consolidating existing schemes, ensuring the Big Fish Sculptures were used effectively and seeing the continued success and interest in the Drain Art Scheme. The charity helped to spearhead the largest citizen science programme of its kind through the Clean Harbours Partnership, taking water samples to identify what really is in our local harbour waters.
- Use our existing base of schools to continue to work with students to highlight our agenda and reach out through councils and networks to engage new schools and educational groups. Create new educational materials that align to the National Curriculum and are easy for schools to access through links with schools and teachers and our outreach team.
Education is key to helping students to understand the impact of single-use plastic on the environment so that we can start to reduce it. This includes encouraging students not to litter and to foster a sense of ownership of our fragile marine and natural environments. Over this accounting period, the charity delivered educational activities to over 70 schools in the local area, reaching nearly 4,500 students directly, in addition to working with nearly 10,000 students remotely.
- Run regular clean-up events and ensure a sound volunteer programme that encourages and supports volunteers through events and digital sign-up options.
Volunteers are vital to helping clean up our local coastlines and countryside. The charity aims to continue to grow the volunteer base to help on beach cleans and public space clean-ups. These organised events also help bring communities together and can help with improving mental health through the positive effects of exercise and being outdoors, and meeting new, like-minded people. With the help of dedicated volunteers, the charity picked up over 3,600 kgs of rubbish over 51 clean-up events from Solent shores and public spaces, helped by over 1,500 beach clean volunteers.
- Collaborate with local universities and other NGO’s to develop and implement scientific studies that support activities with a robust body of evidence
As the charity has grown and matured, it has identified that gathering robust scientific evidence to support its campaigning is essential to give a sound base for its activities. As a co-founder of the Clean Harbours Partnership, the charity is starting to see this filtering through, helping to apply pressure to polluters and help ensure solid evidence is in place for its campaigning efforts.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 6
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
The trustees have had regard to and complied with the Charity Commission’s guidance on public benefit.
Contribution made by volunteers
The charity is always grateful to its passionate and dedicated volunteers. Over 1,600 volunteers helped the charity to carry out its activities in the period to the end of June 2024, donating over 3,000 hours of their time. This includes volunteers who helped with beach cleans, took water samples for water quality testing, sewed reusable bags in the Borrow Bag scheme, made bug and bird houses and much more.
Achievements and Performance
Summary of the main achievements of the charity
Educational Outreach
The Final Straw Foundation reached nearly 4,500 students at schools from early years to key stage 4 through wild beach school sessions, assemblies, workshops and talks over the financial period of this report.
This accounting period saw the growth of the Wild Beach School programme, an immersive experience outdoors on the shoreline that aims to connect children with the environment. This programme is aimed specifically at primary schools with higher levels of students who receive free school meals and are on ‘pupil premium’, who may not normally have access to the coastline. The programme aims to offer a day of learning on the beach, out of the normal school environment, to encourage students to connect more with nature and thereby instil a sense of stewardship over our precious marine environments and wildlife. By the end of June 2024, 1,148 students had attended our Wild Beach School sessions over the course of the year from 22 different schools. We secured funding to offer transport to many of these schools, which would otherwise have been a barrier to their attendance. Of these students, 25 children had never been to the beach before despite living within 5 miles of the coastal area, and 291 children were on ‘pupil premium’ receiving free school meals (over 25%).
Over the accounting period the charity collaborated with Hampshire Youth Parliament to run a full-day Eco-Conference for secondary school children. At no cost to the schools that attended to ensure that cost was not a barrier to any students, over 100 students from several schools in Hampshire attended. The event brought together expert speakers, hands-on displays and interactive workshops that highlight the issues around climate and pollution that we face and innovative ways people have been tackling them.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 7
The charity also continued to work with Duke of Edinburgh students. 46 D of E volunteers carried out beach and countryside clean-ups, sewed fabric bags and helped with social media content. In total, over 500 bags of rubbish (approximately 1000kgs) were collected by the students, and many students commented that they would continue to litter pick after taking part in the volunteering and that their perspective on litter had changed or they had become more acutely aware of the consequences of littering and waste.
Community Engagement Programme
Beach Clean-Ups
Between 1st July 2023 and 30th June 2024, the Final Straw Foundation successfully conducted 51 beach clean-ups, engaging a total of 1,574 volunteers from diverse age groups. These dedicated individuals contributed their time regularly, resulting in the collection of 3,660 kilograms of waste from local beaches and countryside. Since the charity’s inception, this initiative has now removed over 45,000 kilograms of waste from the environment, significantly reducing pollution and improving the local ecosystem.
Borrow Bag Scheme
The Borrow Bag scheme continued to expand during the financial period, with over 100 volunteers actively participating in sewing reusable fabric bags made from reclaimed, pre-loved materials. This initiative has prevented over 300 kilograms of fabric from reaching landfill and has contributed to an estimated reduction of 30,000 single-use plastic bags in circulation. Given the reusable nature of these fabric bags, their environmental impact is expected to increase over time.
Big Fish Sculptures
The charity's Big Fish Sculpture project remained a key visual and interactive element in raising awareness about plastic pollution. These sculptures are designed to collect single-use plastic bottles and aluminium cans, diverting them from general waste and promoting recycling.
During this financial year, three sculptures remained in fixed locations:
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Lancing
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Portsmouth
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Bournemouth & Poole (rotating within this area)
Additionally, we continued to move the mobile sculpture, Nellie, across the region, making appearances at key coastal locations including Hayling Island, Gosport, and Hamble. These installations have engaged thousands of members of the public, reinforcing the importance of reducing plastic waste and making sustainable choices.
Clean Harbours Partnership
As a founding member of the Clean Harbours Partnership (CHP), the Final Straw Foundation has played an integral role in addressing sewage and chemical pollution in Langstone and Chichester Harbours. Through this initiative, the largest citizen science programme of its kind, empowering volunteers to collect and analyse water samples for various pathogens and chemical pollutants.
Key achievements during this period include:
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 8
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Ongoing scientific testing revealing consistently high levels of E. coli and other contaminants in local waters.
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Collaborative research with the University of Portsmouth and Brunel University, leading to peer-reviewed scientific studies scheduled for publication in early 2025.
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Public outreach efforts aimed at increasing awareness of water quality issues and holding major polluters accountable.
Business Engagement & Sustainability Initiatives
The Final Straw Foundation continued its commitment to sustainability through active collaboration with businesses. The charity’s marine business accreditation scheme, developed in partnership with The Green Blue (the environmental initiative of the Royal Yachting Association), remained operational throughout the financial year. Additionally, significant progress was made in redeveloping the accreditation platform, which is scheduled for relaunch in early 2025. This expanded platform will be accessible to a wider range of organisations, including businesses, charities, and community groups, further promoting sustainable practices across multiple sectors.
Press Engagement & Public Outreach
Throughout the financial period, the Final Straw Foundation received significant media coverage, helping to amplify awareness of both plastic pollution in our oceans and sewage pollution in local waterways . The charity’s work was featured across television, print, and online media , reaching an estimated 10 million people . Notable appearances included segments on BBC local news, ITV News , and a Channel 4 documentary with Joe Lycett , among other national and regional news platforms. This media exposure played a crucial role in educating the public, influencing policy discussions, and encouraging positive behavioural change towards environmental sustainability.
Financial Review
Review of the charity’s financial position at the end of the period
At the end of the financial period, the charity held funds of £149,601, of which £16,452 were restricted funds set aside for ongoing and upcoming projects, and £133,149 were unrestricted funds.
Statement explaining the policy for holding reserves stating why they are held
The charity aims to hold total reserves of unrestricted funds to protect the charity against drops in income or allow it to take advantage of new opportunities.
Restructuring Fund: £36,000. This fund would be used to cover essential activities whilst sourcing income to a maximum of 6 months budgeted activity, with 2 staff members.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 9
Dissolution Fund: £30,500, which would provide for the costs of dissolution should the charity be unable to continue. It is only to be used in the event of the Trustees' deciding the charity should cease to exist. It will be used to pay notice periods, redundancies and the expenses of running the Final Straw Foundation until closure of the organisation.
The minimum reserves required is the Dissolution Fund. These are to be used to ensure we look at every alternative before dissolution of the charity. The Trustees wish to maintain and enhance the size of the unrestricted funds over time appropriately to the growth of the charity in staffing and activities. The reserves held at the end of the reporting period were lower than the charity would like, however it is anticipated that in coming years this will improve and reach the preferred amount.
Amount of reserves held
At the end of the reporting period, the charity held £133,149 in unrestricted funding, including enough reserves to cover the dissolution fund. The charity leadership is satisfied that the reserves held would be able to fund the restructuring or dissolution of the Charity, if required. The restricted funding in place would also cover ongoing running costs to see existing project commitments through to the end of charity projects.
Explanation of any uncertainties about the charity continuing as a going concern
The Trustees do not anticipate any uncertainties about the continuance of the charity as a going concern. The charity is growing and receiving more recognition and funding from a wider range of sources, and the key threats to the charity are being managed effectively by the core team and Trustees.
The charity’s principal sources of funds
Core funds
During the reporting period, the charity received £26,523 in core funding from the National Lottery Community Fund, as part of a five-year grant programme. The charity also received £36,000 from Aspen Insurance. Additional smaller unrestricted grants and
£25,000 from Society Trust, £15,000 from Ocean Family and £20,000 from Tenzing & Piton Trust. Other unrestricted funding included donations through Milkywire, 1% for the Planet and online giving sites such as JustGiving, as well as various school and community fundraising fundraising.
Restricted funds
The charity was awarded the following restricted grants during the reporting period.
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£15,000 from the Roddick Foundation of which £3,750 was spent and the balance of £11,250 carried over to the following year.
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£2,500 from Naturesave Trust towards borrow bags, all spent in this year.
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£1,125 from Tesco Groundwork UK towards Beach Cleans all spent in this year.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
Report of the Trustees and audited Financial Statements For the period ending 30[th] June 2024 Page 10
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£10,000 from the Fatface Foundation and £9,992 from the National Lottery Community Fund towards Education Station, £16,445.50 of this was spent during this year and the balance of £3,546.50 carried forward to following year.
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£500 from Nats en Route towards beach cleans, all spent in this year.
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£2,960 from Mangopay Crowdfunding used for Beach Schools, all spent in this year.
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• £100 Big fish and £1,555.83 Clean Harbours Partnership reserved funds brought forward at the beginning of this year have not been spent and are carried forward to 2024/25.
With the end of the financial period falling at the end of June, any restricted funding that spanned wider timescales or did not have fixed periods, that was not completely spent by the year end was carried over to the projects as they continued into the next financial period.
A description of the principal risks facing the charity
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Lack of financial surety. We need to ensure that we secure enough funding through grants and donations to continue to run our core activities. We will do this through researching and applying for funding from appropriate funding bodies, and encouraging public donor support.
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Uncertainty due to pandemic. We need to make sure that the charity is robust enough in terms of funding and staffing to weather any more storms brought by Covid-19 or other unexpected events. We will ensure that we do not ‘overstaff’ and will keep a close eye on costs. We have already successfully managed to withstand Covid uncertainty through close management of funds and moving much of our work online when required.
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Mismanagement and Staff Churn or Sick Leave: We will ensure that staff and volunteers receive appropriate training for their roles and that we use the appropriate external consultants to run the charity effectively. We will also ensure that the team have a spread of skills to cover roles in case of any staff sick leave or other absence for a suitable period of time.
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Lack of policies and procedures :
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Previously, there was a risk due to the absence of formal policies to guide the charity’s governance and day-to-day operations. This could have led to inconsistent decision-making, compliance issues, and unclear expectations for staff and volunteers. We have now addressed this by introducing a full suite of core policies and procedures, ensuring that the charity operates in a structured, transparent, and compliant manner.
Declaration of Payment to a Trustee for Services
The Final Straw Foundation did not pay any trustees for services in this financial period.
Declarations
The trustees declare that they have approved the trustees’ report above.
Registered Address: Final Straw Foundation CIO, 36 Oak Tree Drive, Emsworth, Hants, PO6000 7UJ, United Kingdom Final Straw Foundation. Registered Charity Number: 1191500
t of the Trv5lees ard ted Flfiificlal Stitemrts For the prknd nthn8 ](hhkne I4 Pale I I Sl8ne(l on behalf of the charlty's trustees: Si8naturels Full namels) Paul Hawklns Posltlon (Secretary, Chair etc) Chair of Trustees Date Prtlsternd Adthess.. Find Straw F(x111r CIO. J6 Oak Trte t"ve, Ems•rth. Hants. POI0 7W. iknlted FIMI Str•w F¥N4lation. Pwtered Ch•nty 1191X
FINAL STRAW FOUNDATION CIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
| Notes Incoming resources Incoming resources from generated funds: Legacies and donations Investment income (2018-2020) Incoming resources from charitable activities: Donations Other operating income Total incoming resources Resources expended Costs of generating voluntary income 2 Charitable activities: Public beach cleans, educational and 3 community outreach programme Governance costs Total resources expended Net incoming resources before transfers Net movement in funds for the year Total funds at 1 July 2024 11 Prior period adjustment Total funds at 30 June 2024 |
2024 £ Restricted Funds - - 42,077 - 42,077 2,809 31,070 - 33,879 8,198 8,198 56,331 (48,077) 16,452 |
2024 £ Designated Funds - - - - - - - - - - - - - - |
2024 £ Unrestricted Funds - - 211,270 444 211,714 - 149,335 1,020 150,355 61,359 61,359 23,713 48,077 133,149 |
2024 £ Total Funds - - 253,347 444 253,791 2,809 180,405 1,020 184,234 69,557 69,557 80,044 - 149,601 |
2023 £ - - 145,965 14,316 |
|---|---|---|---|---|---|
| 160,281 | |||||
| 1,410 141,168 1,068 |
|||||
| 143,646 | |||||
| 16,635 | |||||
| 16,635 63,409 63,409 |
|||||
| 80,044 |
All recognised gains and losses are reflected through the Statement of Financial Activities, and therefore no separate Statement of Total Recognised Gains and Losses is disclosed.
1
FINAL STRAW FOUNDATION CIO
BALANCE SHEET
AS AT 30 JUNE 2024
| Notes Fixed assets Tangible assets 6 Current assets Cash at bank and savings 8 Creditors: amounts falling due within one year 9 Net current assets Net assets Charity funds 11 Restricted fund Unrestricted funds |
2024 £ £ 16,612 136,541 (3,552) 132,989 149,601 16,452 133,149 149,601 |
2024 £ £ 16,612 136,541 (3,552) 132,989 149,601 16,452 133,149 149,601 |
2023 £ £ 9,582 77,944 (7,482) 70,462 80,044 56,331 23,713 80,044 |
2023 £ £ 9,582 77,944 (7,482) 70,462 80,044 56,331 23,713 80,044 |
|---|---|---|---|---|
| 149,601 | 80,044 | |||
| 16,452 133,149 |
56,331 23,713 |
|||
| 149,601 | 80,044 |
The notes on pages 3 To 7 Form part of these accounts.
The accounts were approved by the board on / / and signed on behalf of the board by
Trustee
2
FINAL STRAW FOUNDATION CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
1 Principal accounting policies
Basis of accounting
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Statement of Recommended Practice (FRS 102), Accounting by Charities issued in January 2019 .
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independant Examiners fees and costs linked to the strategic management of the charity.
Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of VAT.
Depreciation
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 3 years straight line Fixtures, fittings and equipment 10% reducing balance Pensions
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
3
FINAL STRAW FOUNDATION CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
| 2 Resources expended 2024 2024 2024 Restricted Designated Unrestricted Funds Funds Funds £ £ £ Costs of generating income Clean harbours partnership 2,805 - - Eco club costs 4 - - 2,809 - - 3 Costs of providing public beach cleans, educational and community outreach programme Education station 3,622 - 3,622 Transport to beach cleans and other purchases 5,252 - 736 Purchases 1,146 - 4,538 Insurance - - 1,118 Miscellaneous - - 618 Wages, salaries and staff training 14,482 - 110,853 Bookkeeping and fundraising consultancy - - 13,246 Bank charges - - 19 Beach school 6,568 - - Staff training - - 773 Administration expenses - - 926 Pensions/subscriptions - - 3,337 Employers NIC - - 4,240 Subscriptions - - 968 Advertising - - 2,121 Trustee meeting costs - - - General admin - software - - 3,674 Depreciation - - 2,168 31,070 - 149,335 4 Governance costs Accountancy - - 1,020 - - 1,020 |
2024 Total Funds £ 2,805 4 2,809 3,622 5,988 5,684 1,118 618 125,335 13,246 19 6,568 773 926 3,337 4,240 968 2,121 - 3,674 2,168 180,405 1,020 1,020 |
2023 Total Funds £ 1,254 156 |
|---|---|---|
| 156 | ||
| - 2,136 13,657 713 382 101,699 6,729 444 4,279 1,281 1,039 1,585 2,154 360 207 154 3,284 1,065 |
||
| 141,168 | ||
| 1,068 | ||
| 1,068 |
4
FINAL STRAW FOUNDATION CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
| 3 Staff costs 2024 2024 2024 Restricted Designated Unrestricted Funds Funds Funds £ £ £ Salaries and wages 14,482 - 110,853 14,482 - 110,853 The average monthly number of employees during the year was as follows: Admin staff No employees received remuneration amounting to more than £60,000 in either year. 4 Net incoming resources 2024 2024 2024 Restricted Designated Unrestricted Funds Funds Funds £ £ £ This is stated after charging: Depreciation of owned fixed assets - - 2,168 5 Interest payable 2024 £ Interest payable - Non-equity dividends - 6 Tangible fixed assets Cost/valuation Cost or valuation Additions At end of year Depreciation At beginning of year Charge for the year At end of year Net book value At 30 June 2024 At 30 June 2023 |
2024 Total Funds £ 125,335 125,335 2024 6 2024 Total Funds £ 2,168 |
2023 Total Funds £ 101,699 |
|---|---|---|
| 101,699 | ||
| 2023 4 |
||
| 2023 Total Funds £ 1,065 |
||
| 2023 £ 7,839 - |
||
| Plant and machinery £ 13,144 9,198 |
||
| 22,342 | ||
| 3,562 2,168 |
||
| 5,730 | ||
| 16,612 | ||
| 9,582 |
5
FINAL STRAW FOUNDATION CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
| 7 Debtors 8 Bank balances Current accounts Savings accounts Petty cash 9 Creditors: amounts falling due within one year Trade creditors Other taxes and social security costs Other creditors |
2024 £ 136,541 - - 136,541 2024 £ 2,720 1 831 3,552 |
2023 £ |
|---|---|---|
| 77,944 - - |
||
| 77,944 | ||
| 2023 £ 6,355 - 1,127 |
||
| 7,482 |
6
FINAL STRAW FOUNDATION CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
| 10 Provisions for liabilities 11 Statement of funds Unrestricted funds General funds Prior period adjustment Total general funds as restated Prior period adjustment Designated funds Sinking fund Restricted funds Fish scuptures, staff costs and composting Prior period adjustment Carried forward Designated funds There are currently no designated funds. 12 Analysis of net assets between funds Tangible assets Current assets Creditors due in one year At end of year |
Brought Forward £ 23,713 - 23,713 48,077 71,790 56,331 (48,077) 8,254 80,044 80,044 2024 Restricted Funds £ 7,953 77,944 (7,482) £91,559 |
Incoming Resources £ 211,714 - 211,714 211,714 - 42,077 42,077 253,791 253,791 2024 Designated Funds £ - - - - |
Resources Expended £ (150,355) - (150,355) (150,355) - (33,879) (33,879) (184,234) (184,234) 2024 Unrestricted Funds £ 8,659 58,597 3,930 74,654 |
Transfers and/ or revaluations £ - - - - - - - - - 2024 Total Funds £ 16,612 136,541 (3,552) 149,601 |
Carried Forward £ 85,072 |
|---|---|---|---|---|---|
| - | |||||
| 85,072 48,077 |
|||||
| 133,149 | |||||
| - 64,529 (48,077) |
|||||
| 16,452 | |||||
| 149,601 | |||||
| 149,601 | |||||
| 2023 Total Funds £ 9,582 77,944 (7,482) |
|||||
| 80,044 |
7
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
FINAL STRAW FOUNDATION CIO
I report on the accounts of the Charity for the year ended 30 June 2024, which are set out on pages 1 To 7.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 145 of the 2011 Act);
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
V J Rogers
Chartered Certified Accountant
AccountArt
5 St Thomas Avenue Hayling Island Hampshire PO11 0ET
Date: 10 April 2025
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