## **Christopher Nieper Foundation** ## **Trustees report** This is the first report of our new Foundation. We were established to provide a catalyst for economic step change with practical ideas proven in our home town of Alfreton which might be applicable elsewhere in Britain. Alfreton is a former coal mining town and research has identified 205 forgotten English communities of similar socioeconomic profile with 5 million inhabitants, many in the midlands & north. As it turns out world events have already accelerated the urgent need for higher earnings to counter a rapidly rising cost of living which is predicted by the bank of England to reach a 40 year high by the end of 2022. Economic prosperity also needs skilled people yet scarcity of skills is becoming the defining factor in Britain’s poor productivity rather than scarcity of capital or R&D. The vision is to show that local people can be the leaders and achievers of the future. Our philosophy is that home grown prosperity within a town is more sustainable than government handouts. As such we are concentrating on Education, Opportunity and Community. We’ve developed employability benchmarks for schools and David Nieper Academy is already securing a jobs, apprenticeships or places at higher/further education for almost every graduating pupil. We’re developing the ‘Spirit of Alfreton’ a community website for news, jobs and local information and we’re developing a garment ‘Carbon Checker’ labelling scheme which might encourage more British manufacture of textiles and related jobs. The Trustees have approved a change to our financial year to 31[st] March to align with the yearend of our main donor, David Nieper Ltd. Christopher Nieper OBE Chair of Trustees ## **Christopher Nieper Foundation** ## **Accounts for the Year to 31 August 2021** |Income
Donations received from David Nieper Ltd
Other Income Sources
**Total Income**
Expenditure
Donations
Political
Charitable
Consultancy costs
Expenses 2
Bank Interest
**Total Expenditure**
**Net Income / (Expenditure)**
Opening Bank Balance
Closing Bank Balance
**Increase / (Decrease) of funds in the year**|Year to 31.08.21
50,000
50,000
25,000
7,235
0
0
32,235
**17,765**
0
17,765
**17,765**| |---|---| ## **Christopher Nieper Foundation** ## **Accounts for the Period September 2020 - 31 March 2022** |Year to 31.08.21
Income
Donations received from David Nieper Ltd
50,000
Other Income Sources
**Total Income**
50,000
Expenditure
Donations
Political
25,000
Charitable
7,235
Consultancy costs
0
Expenses 2
Bank Interest
0
**Total Expenditure**
32,235
**Net Income / (Expenditure)**
**17,765**
Opening Bank Balance
0
Closing Bank Balance
17,765
**Increase / (Decrease) of funds in the year**
**17,765**|7 months t
25,000| |---|---| ||25,000
2,085
2,438
0| ||| ## to 31.03.22 25,000 29,522 **(4,522)** 17,765 13,243 **(4,522)** ## **Independent Examiners Repo** I report to the trustees on my ex Foundation for the twelve month 31/03/2022. As the charity trustees of the Tru accordance with the requiremen I report in respect of my examina the 2011 Act and in carrying out given by the Charity Commission I have completed my examinatio attention in connection with the material respect: - accounting records were not - the accounts do not accord w I have no concerns and have com to which attention should be dra to be reached. John Hollis FCCA 16/05/22 ## **ort** xamination of the accounts of the Christopher Nieper hs to 31 August 2021 and the seven month period ended ust, you are responsible for the preparation of the accounts in ts of the Charities Act 2011 (“the Act”). ation of the Trust’s accounts carried out under section 145 of t my examination, I have followed the applicable Directions n under section 145(5)(b) of the Act. on. I confirm that no material matters have come to my examination which gives me cause to believe that in, any kept in accordance with section 130 of the Act or with the accounting records me across no other matters in connection with the examination wn in order to enable a proper understanding of the accounts ## **Christopher Nieper Foundation** |||||BS|BS| |---|---|---|---|---|---| ||Value|CR|DR|Bank|I/co with DN| |05/11/2021|50,000|I/co with DN|Bank|50,000|(50,000)| |05/12/2021|25,000|Bank|Donations|(25,000)|| |05/28/2021|2,000|Bank|Donations|(2,000)|| |05/28/2021|235|Bank|Donations|(235)|| |07/19/2021|5,000|Bank|Donations|(5,000)|| |**Balance**||||**17,765**|**(50,000)**| |09/03/2021|1,000|Bank|Donations|(1,000)|| |12/01/2021|25,000|I/co with DN|Bank|25,000|(25,000)| |12/03/2021|25,000|Bank|Donations|(25,000)|| |01/10/2022|1,085|Bank|Donations|(1,085)|| |02/16/2022|368|Bank|Donations|(368)|| |03/31/2022|2,070|Bank|Other|(2,070)|| |**Balance**||||**(4,522)**|**(25,000)**| |**Balance**||||**13,243**|**(75,000)**| |P&L|P&L|P&L||P&L|| |---|---|---|---|---|---| |Charitable
Donations|Political
Donations|Interest||Other|| ||25,000||||Centre for Social Justice| |2,000|||||DNA Music Lessons Spring 21| |235|||||DNA Spring 21| |5,000|||||The New Social Covenant Unit Lt| |**7,235**|**25,000**||**0**|**0**|| |1,000|||||Civitas| ||25,000||||Centre for Social Justice| |1,085|||||Donation to Alfreton Church for s| |||||368|Thomas Brentnall| |||||2,070|Matthew Hird Invs| |**2,085**|**25,000**||**0**|**2,438**|| |**9,320**|**50,000**||**0**|**2,438**|| ound system CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Christopher Nieper Foundation On accounts for the year ended 31 Augusl 2021 Charity no Ilf any) 1193054 Set out on pages I report to the trustees on my examination of the accounts of the above harity lllhe Trust'l for Ihe year ended 3110112021. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of my examination of Ihe Trust's accounts ¢arried out under section 145 of the 2011 Acl and in carrying out my examinalion, I have followed the applicable DireGtions given by the Charity Commission under section 14515llb) of the Act. I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination which gives me cause to believe that in. any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statemant I have no con¢ems and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Slgned". Date: 1610512022 John Hollis Relevant professional qualif icatlon(sl or body (If any): FCCA Address: Ashmede, Edale Road. Hope. Hope Valley, S33 6ZF Section B Disclosure Only complete if the examiner needs to highlight matters of Concern {see CC32. Independent examination of charity accounts." directions and guidance for examiners). IER October 2018 Give here brief details of any items that the examiner wishes to disclose. IER October 2018