Godfrey Watkins Charitable Foundation Trustees, Annual Report for the period.. 01.09.2023 to 31.08.2024 The name of the Charitable Incorporated Organisation ( the CIO,) is.. The Godfrey Watkins Charitable Foundation ("the Foundation.) Registered Charity in England and Wales Charity Number. 1193325 Registered Address.. King Henry Vlll 3-19 School, Hereford Road, Abergavenny, Monmouthshire NP7 6EP Objectives.. The advancement of education for the public benefit by supporting current and former pupils of the King Henry Vl113-1 g School, Abergavenny in their studies relating to the expressive arts. Summary Introduction.. The Foundation did not carry out any activity during this year. Activities The Foundation has funded a theatre production. Achievements and Performance The theatre productions are shared with the wider community, and involve over 60 pupils, who are able to work alongside professional agencies (for example sound, light and orchestra). Financial Review Accounts Opening Balance Grants £256,471.23 £4,000.00 Other Expenditure £ nil Income £ 7,539.17 Closing Balance £260,010.40
2.2 Source of Funds It is the intention of the Trustees to investigate investment models in order to generate income and sustain the Foundation. Alongside this the Trustees will agree an investment policy Should the Trustees not invest the funds, the longevity of the Foundation would be at risk. Policies The Foundation has adopted a Grant Making Policy which will be reviewed annually to ensure that it has regard to the Charity Commission Guidance and is fit for purpose within the Foundation's objectives. Structure, Governance and Management Trustees The Foundation shall have a Board of Trustees comprising two ex officio trustees, being the Chair of Governors and the Chair of the Finance and Staffing Committee for the time being of the King Henry Vlll School Abergavenny, and no more than three persons nominated by the Governing Body (who do not have to be Governors) at a meeting held according to the ordinary practice of the nominating body Each nominated appointment shall be for a term of three years, but not commencing on the same date to allow for continuity of experience. New Trustees may be recruited to the Board at any time by the Trustees. I n selecting individuals for appointment as Trustees, the Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the Foundation. 3.2 Officer and Advisors The Chair of Governors shall be the Chair of the Foundation and trustees may, by and from their number and frorn time to time, elect such other officers (secretary, treasurer) as they see fit. Induction of Trustees Any new Trustees will have an induction using Charity Commission resources so that they understand their role and responsibilities as Trustees 3.4 Trustee Details Name Leighton Martin Role Chair Term For the duration of term as Chair of Governors For the duration of term as Chair of Governors Jane Jones Trustee Declarations The trustees declare that they have approved the trustees. report above. Signed on behalf of the Foundation's Trustees
Signature Full Name Position Date