DR. RACHELLE BASCARA FOUNDATION TRUSTEES’ ANNUAL REPORT
The Trustees of the Dr. Rachelle Bascara Foundation present their annual report for the financial period from 1 July 2023 to 30 June 2024 and confirm they comply with the guidelines set forth by the Charity Commission along with other applicable laws and regulations.
April 2025
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
Table of Contents
| I. | Legal and Administrative Information .............................................................................................................. 2 |
|---|---|
| A. | Overview ........................................................................................................................................................... 2 |
| B. | Charitable Objects ............................................................................................................................................. 2 |
| C. | Public Benefit .................................................................................................................................................... 2 |
| D. | Vision ................................................................................................................................................................. 3 |
| II. | Report of the Management Committee ........................................................................................................... 4 |
| A. | Publication of Essay by Dr. Rachelle Bascara .................................................................................................... 4 |
| B. | Research Activities ............................................................................................................................................ 4 |
| C. | Supporting Initiatives ........................................................................................................................................ 5 |
| D. | Other Academic Efforts ..................................................................................................................................... 5 |
| III. | Finances ............................................................................................................................................................ 6 |
| A. | Overview ........................................................................................................................................................... 6 |
| B. | Statement of Financial Activities ...................................................................................................................... 7 |
| C. | Balance Sheet .................................................................................................................................................... 9 |
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
1
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
I. Legal and Administrative Information
- A. Overview
Charity Name: Dr. Rachelle Bascara Foundation Other Name: Dr. Bascara Foundation (Working name) Charity Registration Number: 1194958 Date of Registration: 21 June 2021 Governing Document: CIO – Foundation Constitution Registered Office: Frogmore House, Ormond Place Cheltenham GL50 1JD United Kingdom Phone: 02045772734 Email: DaraBascaraFoundation@gmail.com Trustees:
Dr. Konstantin Rozanov, Chair Alistair Campbell Magee Other trusteeship: Encounter Trust Winchcombe Ryssa Magee Other trusteeship: Dara Bascara Trust Dr. Ekaterina Rozanova
- B. Charitable Objects
The Dr. Rachelle Bascara Foundation (the “Charity”) is established for exclusively charitable purposes for the public benefit, worldwide, including in particular (but not limited to):
-
(a) the advancement, promotion, and support of social sciences and philosophy, global development, equality, and humanities recognised as charitable under the law of England and Wales, particularly but not exclusively by:
-
(i) undertaking and/or facilitating relevant research and disseminating the useful results of that research for the public benefit and
-
(ii) providing grants, fellowships, and other financial assistance to qualified individuals and organizations;
-
(b) such other related charitable purposes for the public benefit as the trustees may from time to time determine.
-
C. Public Benefit
The Charity aims to promote, sustain, and increase individual and collective knowledge of the social sciences and philosophy, global development, equality, and humanities. It is our belief that knowledge in these areas in itself provides a public benefit by satisfying the human need to understand the world and ourselves. Through guidance and expertise as well as grants and other forms of funding, we provide a platform to pursue these goals, including by enabling suppressed voices and marginalized perspectives to be heard.
The Charity recognizes that quality research depends on, among other factors, robust and adequate funding. We invite qualified individuals and organizations to collaborate with us on topics that result
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
2
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
in work that is not only academically rigorous but also provides practical applications. We are further mindful that our research output is cognizant of changing social dynamics and societal concerns.
At present, the Charity is actively engaging in discussions to provide a deep understanding of what oppression is that bridges the gap between political philosophy and contemporary social movements.
D. Vision
Our vision is to become stewards of knowledge mobilization and to foster intellectual inclusivity, enhance a sense of public enlightenment, as well as provide practical guidance on moral and philosophical issues in society.
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
3
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
II. Report of the Management Committee
A. Publication of Essay by Dr. Rachelle Bascara
In 2024, the Charity authorized the publication of the essay, "Three Brown Babe’s Complaints: Institutional Discrimination, Western Feminists, and First World Leftists,” by Dr. Rachelle Bascara (“Dr. Bascara”). This essay serves as the concluding chapter in the anthology Resilience and the Brown Babe’s Burden: Writings by Filipina Philosophers, edited by Tracy Llanera and published by Taylor & Francis.[1]
Originally presented at the Brown Babe’s Burden panel organized by Women Doing Philosophy in October 2020, Dr. Bascara’s essay critically examined her personal experience with institutional discrimination when applying for a master’s degree abroad, challenged Western feminist views on gender and critiqued the universal condemnation of nationalism by First World leftists.
In the book, Dr. Bascara is recognized as a Filipino philosopher, educator, and activist whose intellectual and personal legacy continues to shape critical conversations on oppression and social justice. Her academic journey was marked by distinction and depth: she earned her PhD in Philosophy from Birkbeck College, where she authored the dissertation "Towards a Unified Theory of Oppression."[2] She also held a Master’s degree in Philosophy from University College London and a Bachelor’s degree in Philosophy from the University of the Philippines Diliman. Dr. Bascara taught philosophy at the City Lit Institute in London and served as an Associate Lecturer at the University of Lincoln’s School of Social and Political Sciences.
The Charity's trustees, Dr. Konstantin Rozanov and Ryssa Magee, were also acknowledged in the book for their collaboration, reflecting their active involvement in advancing the Charity's mission.
The publication of this essay aligns with the Charity’s Objects to advance the social sciences, philosophy, and the humanities. By publishing Dr. Bascara's works, the Charity ensures that her research reaches a broader audience, fostering public understanding and engagement with issues of global development and equality.
B. Research Activities
The Charity is actively engaging in work to provide a deeper understanding of issues related to political and moral philosophy. One of the projects of the Charity involves a clear conceptual backing of oppression to contemporary emancipatory movements, cutting through the rhetoric and exposing the underlying reality of the oppressed.
As outlined in the Charity’s annual report (April 2024), a grant was awarded to two research fellows to expand on Dr. Bascara's dissertation on oppression (the “Grant”). The aim of the Grant was to produce academic papers for submission to peer-reviewed journals. Research Fellow 1 explored the normalization of oppression, while Research Fellow 2 critiqued liberalism and structural injustice.
As of date, four academic papers resulting from this Grant are currently under review, incorporating feedback from philosophy journals.
1 Llanera, T. (Ed.). (2024). Resilience and the Brown Babe’s Burden: Writings by Filipina Philosophers. Taylor & Francis.
2 Bascara, R. D. (2020). Towards a unified theory of oppression (Doctoral dissertation, Birkbeck, University of London).
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
- C. Supporting Initiatives
The Charity has embarked on the creation of a biographical literature on the life and work of Dr. Bascara aimed at encouraging the younger generations to develop an interest in socially significant topics such as social sciences and philosophy, global development, equality, and humanities.
The project is currently in progress.
- D. Other Academic Efforts
In 2024, the trustees of the Charity initiated efforts to identify academic institutions in Europe for potential collaboration and identifying emerging scholars whose research interests reflect the values and contributions of Dr. Bascara and the Charitable Objects of the Charity.
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
5
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
III. Finances
A. Overview
First Financial Year
The Charity received financing through donations. During its first financial year, three donations were received totaling GBP 20,000.00. The donations were sourced from Dr. Konstantin Rozanov as well as ACED Global Solutions Ltd in accordance with the Charity’s rules and procedures for accepting donations.
The Charity used its capital to conduct academic research, fund supporting projects, and acquire and protect intellectual property.
Second Financial Year
The net result of the Charity’s operations for the second financial year ending 30 June 2023 is a deficit of GBP 4,959.88.
Third Financial Year
In 2024, the Charity received a donation, totaling GBP 9,000.00, from Dr. Konstantin Rozanov as well as ACED Global Solutions Ltd in accordance with the Charity’s rules and procedures for accepting donations.
The net result of the Charity’s operations for the third financial year ending 30 June 2024 is a surplus of GBP 8,899.72.
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
6
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
B. Statement of Financial Activities
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Prior period Total funds |
Further details |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Income and endowments from: |
||||||
| Donations and legacies | 9,000.00 | 9,000.00 | 0.00 | A1 | ||
| Charitable activities | A2 | |||||
| Other trading activities | A3 | |||||
| Investments | A4 | |||||
| Other | A5 | |||||
| Total | ||||||
| Expenditure on: | ||||||
| Raising funds | B1 | |||||
| Charitable activities | 0.00 | 0.00 | 3,776.00 | B2 | ||
| Other | 100.28 | 100.28 | 1,183.88 | B3 | ||
| Total | (100.28) | (100.28) | (4959.88) | |||
| Net gains/(losses) on investments |
B4 | |||||
| Net income/(expenditure) | 8,899.72 | 8,899.72 | (4959.88) | |||
| Transfers between funds | C | |||||
| Other recognized gains/(losses): |
||||||
| Gains/(losses) on revaluation of fixed assets |
D1 | |||||
| Actuarial gains/(losses) on defined benefit pension schemes |
D2 | |||||
| Other gains/(losses) | D3 | |||||
| Net movement in funds | 8,899.72 | 8,899.72 | (4959.88) | |||
| Reconciliation of funds: | E | |||||
| Total funds brought forward | 5,074.68 | 5,074.68 | 10,034.56 | |||
| Total funds carried forward | 13,974.40 | 13,974.40 | 5,074.68 |
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
7
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
-
A1 Income from donations and legacies;
-
A2 Income from charitable activities;
-
A3 Income from other trading activities;
-
A4 Investment income
-
A5 Other income; Analysis of income in the notes to the accounts;
-
B1 Expenditure on raising funds;
-
B2 Expenditure on charitable activities;
-
B3 Other expenditure;
-
Analysis of expenditure in the notes to the accounts;
-
B4 Gains/(losses) on investments;
-
C Transfers between funds;
-
D1 Gains/(losses) on revaluations of fixed assets;
-
D2 Actuarial gains/(losses) on defined benefit pension schemes;
-
D3 Other gains/(losses); and
-
E Reconciliation of funds.
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
8
DR. RACHELLE BASCARA FOUNDATION Trustees’ Annual Report
C. Balance Sheet
| Note ref. |
Total funds | Prior year funds |
Further details | |
|---|---|---|---|---|
| £ | £ | |||
| Fixed assets: | A | |||
| Intangible assets | 1,700.00 | 1,700.00 | A1 | |
| Tangible assets | A2 | |||
| Heritage assets | A3 | |||
| Investments | A4 | |||
| Total fixed assets | 1,700.00 | 1,700.00 | ||
| Current assets: | B | |||
| Stocks | B1 | |||
| Debtors | B2 | |||
| Investments | B3 | |||
| Cash at bank and in hand | 13,974.40 | 5,074.68 | B4 | |
| Total current assets | 13,974.40 | 5,074.68 | ||
| Liabilities: | C | |||
| Creditors: Amounts falling due within one year | C1 | |||
| Net current assets or liabilities | 13,974.40 | 5,074.68 | ||
| Total assets less current liabilities | 15,674.40 | 6,774.68 | ||
| Creditors: Amounts falling due more than one year |
C2 | |||
| Provisions for liabilities | C3 | |||
| Net asset or liabilities excluding pension asset or liability |
||||
| Defined benefit pension scheme asset or liability |
C4 | |||
| Total net assets or liabilities | 15,674.40 | 6,774.68 | ||
| The funds of the charity: | D | |||
| Endowment funds | D1 | |||
| Restricted income funds | D2 | |||
| Unrestricted funds | 13,974.40 | 5,074.68 | D3 | |
| Revaluation reserve | D4 | |||
| Pension reserve | D5 | |||
| Total unrestricted funds | 13,974.40 | 5,074.68 | ||
| Total charity funds | 13,974.40 | 5,074.68 |
[© 2025 Dr. Rachelle Bascara Foundation. All rights reserved. ]
9
Company Tax Return CT600 (2024) Version 3
for accounting periods starting on or after 1 April 2015
Your Company Tax Return
If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.
A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages.
The forms in the CT600 series set out the information we need and provide a standard format for calculations.
Company information
----- Start of picture text -----
1 Company name
DR. RACHELLE BASCARA FOUNDATION
2 Company registration number
3 Tax reference 7 2 0 4 3 1 7 6 9 1
4 Type of company 8
----- End of picture text -----
Northern Ireland (NI)
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Put an ‘X’ in the appropriate boxes below
5 NI trading activity 6 SME
7 NI employer 8 Special circumstances
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About this return
This is the tax return for the company named above, for the period below 30 from DD MM YYYY 35 to DD MM YYYY 2 5 0 6 2 0 2 3 3 0 0 6 2 0 2 4 Put an ‘X’ in the appropriate boxes below 40 A repayment is due for this return period 45 Claim or relief affecting an earlier period 50 Making more than one return for this company now 55 This return contains estimated figures 60 Company part of a group that is not small 65 Notice of disclosable avoidance schemes Transfer pricing 70 Compensating adjustment claimed 75 Company qualifies for SME exemption
CT600(2024) Version 3
HMRC 04/24
Page 1
About this return – continued
Accounts and computations
80 I attach accounts and computations for the period to which this return relates
-
85 I attach accounts and computations for a different period
-
90 If you’re not attaching the accounts and computations, explain why
-
Supplementary pages enclosed
95 Loans and arrangements to participators by close companies – form CT600A
100 Controlled foreign companies, foreign permanent establishment exemptions, hybrid and other mismatches – form CT600B
- 105 Group and consortium – form CT600C
110 Insurance – form CT600D
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115 Charities and Community Amateur Sports Clubs (CASCs) – form CT600E
-
120 Tonnage tax – form CT600F
-
125 Northern Ireland – form CT600G
-
130 Cross-border royalties – form CT600H
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135 Supplementary charge in respect of ring fence trades – form CT600I
-
140 Disclosure of Tax Avoidance Schemes – form CT600J
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141 Restitution tax – form CT600K
-
142 Research and Development – form CT600L
-
143 Freeports and Investment Zones – form CT600M
-
144 Residential Property Developer Tax (RPDT) – form CT600N
Tax calculation – Turnover
| **145 ** | Total turnover from trade | £ | 0 | • | 0 | 0 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 150 | Banks, building societies, insurance companies and other financial concerns _–_put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145 |
||||||||||||||||||||||||
| Income | |||||||||||||||||||||||||
| **155 ** | Trading profits | £ | 0 | • | 0 | 0 | |||||||||||||||||||
| **160 ** | Trading losses brought forward set | against | trading | profits | £ | • | 0 | 0 | |||||||||||||||||
| **165 ** | Net trading profits –box 155 minus | box 160 | £ | 0 | • | 0 | 0 | ||||||||||||||||||
| **170 ** | Bank, building society or other interest, and profits | £ | • | 0 | 0 | ||||||||||||||||||||
| from non-trading loan relationships |
-
170 Bank, building society or other interest, and profits from non-trading loan relationships
-
172 Put an ‘X’ in box 172 if the figure in box 170 is net of carrying back a deficit from a later accounting period
CT600(2024) Version 3
Page 2
HMRC 04/24
Income – continued
| **175 ** | Annual payments not otherwise charged to Corporation Tax | £ | • | 0 | 0 | ||||||||||||
| and from which Income Tax has not been deducted | |||||||||||||||||
| **180 ** | Non-exempt dividends or distributions from | £ | • | 0 | 0 | ||||||||||||
| non-UK resident companies | |||||||||||||||||
| **185 ** | Income from which Income Tax has been deducted | £ | • | 0 | 0 | ||||||||||||
| **190 ** | Income from a property business | £ | • | 0 | 0 | ||||||||||||
| **195 ** | Non-trading gains on intangible fixed assets | £ | • | 0 | 0 | ||||||||||||
| **200 ** | Tonnage tax profits | £ | • | 0 | 0 | ||||||||||||
| **205 ** | Income not falling under any other heading | £ | • | 0 | 0 | ||||||||||||
Chargeable gains
| **210 ** | Gross chargeable gains | £ | • | 0 | 0 | ||||||||||||
| **215 ** | Allowable losses including losses brought forward | £ | • | 0 | 0 | ||||||||||||
| **220 ** | Net chargeable gains_–_box 210 minus box 215 | £ | • | 0 | 0 | ||||||||||||
Profits before deductions and reliefs
| **225 ** | Losses brought forward against certain investment income | £ | • | 0 | 0 | |||||||||||||
| **230 ** | Non-trade deficits on loan relationships (including interest) and derivative contracts (financial instruments) |
£ | • | 0 | 0 | |||||||||||||
| brought forward set against non-trading profits | ||||||||||||||||||
| **235 ** | Profits before other deductions and reliefs – net sum of boxes 165 to 205 and 220 minus sum of boxes 225 and 230 |
£ | 0 |
• | 0 | 0 | ||||||||||||
| Deductions and reliefs | ||||||||||||||||||
| **240 ** | Losses on unquoted shares | £ | • | 0 | 0 | |||||||||||||
| **245 ** | Management expenses | £ | • | 0 | 0 | |||||||||||||
| **250 ** | UK property business losses for this or previous | £ | • | 0 | 0 | |||||||||||||
| accounting period | ||||||||||||||||||
| **255 ** | Capital allowances for the purposes of management | £ | • | 0 | 0 | |||||||||||||
| of the business | ||||||||||||||||||
| **260 ** | Non-trade deficits for this accounting period from loan | £ | • | 0 | 0 | |||||||||||||
| relationships and derivative contracts (financial instruments) |
CT600(2024) Version 3
HMRC 04/24
Page 3
Deductions and Reliefs – continued
| 263 Carried forward non-trade deficits from loan relationships and derivative contracts (financial instruments) £ 0 0 • 265 Non-trading losses on intangible fixed assets £ 0 0 • 275 Total trading losses of this or a later accounting period £ 0 0 • 280 Put an ‘X’ in box 280 if amounts carried back from later accounting periods are included in box 275 285 Trading losses carried forward and claimed against total profits£ 0 0 • 290 Non-trade capital allowances £ 0 0 • 295 Total of deductions and reliefs –total of boxes 240 to 275, 285 and 290 £ 0 0 • 300 Profits before qualifying donations and group relief – box 235 minus box 295 £ 0 0 • 305 Qualifying donations £ 0 0 • 310 Group relief £ 0 0 • 312 Group relief for carried forward losses £ 0 0 • 315 Profits chargeable to Corporation Tax –box 300 minus boxes 305, 310 and 312 £ 0 0 • 320 Ring fence profits included £ 0 0 • 325 Northern Ireland profits included £ 0 0 • |
263 Carried forward non-trade deficits from loan relationships and derivative contracts (financial instruments) £ 0 0 • 265 Non-trading losses on intangible fixed assets £ 0 0 • 275 Total trading losses of this or a later accounting period £ 0 0 • 280 Put an ‘X’ in box 280 if amounts carried back from later accounting periods are included in box 275 285 Trading losses carried forward and claimed against total profits£ 0 0 • 290 Non-trade capital allowances £ 0 0 • 295 Total of deductions and reliefs –total of boxes 240 to 275, 285 and 290 £ 0 0 • 300 Profits before qualifying donations and group relief – box 235 minus box 295 £ 0 0 • 305 Qualifying donations £ 0 0 • 310 Group relief £ 0 0 • 312 Group relief for carried forward losses £ 0 0 • 315 Profits chargeable to Corporation Tax –box 300 minus boxes 305, 310 and 312 £ 0 0 • 320 Ring fence profits included £ 0 0 • 325 Northern Ireland profits included £ 0 0 • |
263 Carried forward non-trade deficits from loan relationships and derivative contracts (financial instruments) £ 0 0 • 265 Non-trading losses on intangible fixed assets £ 0 0 • 275 Total trading losses of this or a later accounting period £ 0 0 • 280 Put an ‘X’ in box 280 if amounts carried back from later accounting periods are included in box 275 285 Trading losses carried forward and claimed against total profits£ 0 0 • 290 Non-trade capital allowances £ 0 0 • 295 Total of deductions and reliefs –total of boxes 240 to 275, 285 and 290 £ 0 0 • 300 Profits before qualifying donations and group relief – box 235 minus box 295 £ 0 0 • 305 Qualifying donations £ 0 0 • 310 Group relief £ 0 0 • 312 Group relief for carried forward losses £ 0 0 • 315 Profits chargeable to Corporation Tax –box 300 minus boxes 305, 310 and 312 £ 0 0 • 320 Ring fence profits included £ 0 0 • 325 Northern Ireland profits included £ 0 0 • |
|---|---|---|
| 0 | 0 |
Tax calculation
-
326 Number of associated companies in this period
-
327 Number of associated companies in the first financial year
-
328 Number of associated companies in the second financial year
----- Start of picture text -----
0
0
0
----- End of picture text -----
- 329 Put an ‘X’ in box 329 if the company is chargeable at the small profit rate or is entitled to marginal relief
Enter how much profit has to be charged and at what rate
----- Start of picture text -----
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 2023 335 £ 0 340 0.19 345 £ p 0
350 £ 355 360 £ p
365 £ 370 375 £ p
380 2024 385 £ 0 390 0.19 395 £ p0
400 £ 405 410 £ p
415 £ 420 425 £ p
----- End of picture text -----
CT600(2024) Version 3
----- Start of picture text -----
Page 4
----- End of picture text -----
HMRC 04/24
Tax calculation – continued
| Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425 | 430 | £ | 0 |
• | |||||||||||||||
| Marginal relief | 435 | £ | 0 | • | |||||||||||||||
| Corporation Tax chargeable– box 430 minus box 435 | 440 | £ | • | ||||||||||||||||
| Reliefs and deductions in terms of tax | |||||||||||||||||||
| **445 ** | Community Investment Tax Relief | £ | • | ||||||||||||||||
| **450 ** | Double Taxation Relief | £ | • | ||||||||||||||||
| **455 ** | Put an ‘X’ in box 455 if box 450 includes an underlying rate relief claim |
||||||||||||||||||
| **460 ** | Put an ‘X’ in box 460 if box 450 includes an amount carried back from a later period |
||||||||||||||||||
| **465 ** | Advance Corporation Tax | £ | • | ||||||||||||||||
| **470 ** | Total reliefs and deduction in terms of tax | £ | • | ||||||||||||||||
| – total of boxes 445, 450 and 465 |
Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
| **471 ** | Coronavirus Job Retention Scheme (CJRS) received | £ | • | ||||||||||||||
| **472 ** | CJRS entitlement | £ | • | ||||||||||||||
| **473 ** | CJRS overpayment already assessed or voluntary disclosed | £ | • | ||||||||||||||
| **474 ** | Other coronavirus overpayments | £ | • | ||||||||||||||
| Energy levies | |||||||||||||||||
| **986 ** | Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable | £ | • | 0 | 0 | ||||||||||||
| **987 ** | Electricity Generator Levy (EGL) exceptional generation receipts | £ | • | 0 | 0 | ||||||||||||
| Calculation of tax outstanding or overpaid | |||||||||||||||||
| **475 ** | Net Corporation Tax liability – box 440 minus box 470 | £ | 0 | • | |||||||||||||
| **480 ** | Tax payable on loans and arrangements to participators | £ | • | ||||||||||||||
| **485 ** | Put an ‘X’ in box 485 if you completed box A70 in the supplementary pages CT600A |
||||||||||||||||
| **490 ** | Controlled Foreign Companies (CFC) tax payable | £ | • | ||||||||||||||
| **495 ** | Bank levy payable | £ | • | ||||||||||||||
| **496 ** | Bank surcharge payable | £ | • | ||||||||||||||
| **497 ** | Residential Property Developer Tax (RPDT) payable | £ | • | ||||||||||||||
CT600(2024) Version 3
HMRC 04/24
Page 5
Calculation of tax outstanding or overpaid – continued
| **500 ** | CFC tax, bank levy, bank surcharge and RPDT payable | £ | • | ||||||||||||||
| –total of boxes 490, 495, 496 and 497 | |||||||||||||||||
| **501 ** | EOGPL payable | £ | • | ||||||||||||||
| **502 ** | EGL payable | £ | • | ||||||||||||||
| **505 ** | Supplementary charge (ring fence trades) payable | £ | • | ||||||||||||||
| **510 ** | Tax chargeable | ||||||||||||||||
| –total of boxes 475, 480, 500, 501, 502 and 505 | £ | 0 | • | ||||||||||||||
| **515 ** | Income Tax deducted from gross income included in profits | £ | • | ||||||||||||||
| **520 ** | Income Tax repayable to the company | £ | • | ||||||||||||||
| **525 ** | Self-assessment of tax payable before restitution tax | £ | 0 | • | |||||||||||||
| and coronavirus support scheme overpayments | |||||||||||||||||
| –box 510 minus box 515 | |||||||||||||||||
| **526 ** | Coronavirus support schemes overpayment now due | £ | 0 | • | |||||||||||||
| –total of boxes 471 and 474 minus boxes 472 and 473 | |||||||||||||||||
| **527 ** | Restitution tax | £ | • | ||||||||||||||
| **528 ** | Self-assessment of tax payable | £ | • | ||||||||||||||
| –total of boxes 525, 526 and 527 |
Tax reconciliation
| 530 | Research and Development credit | £ | • | ||||||||||||||
| 535 | (Not currently used) | £ | • | ||||||||||||||
| 540 | Creatives tax credit | £ | • | ||||||||||||||
| **545 ** | Total of Research and Development credit | £ | • | ||||||||||||||
| and creative tax credit –total box 530 to 540 | |||||||||||||||||
| 550 | Land remediation tax credit | £ | • | ||||||||||||||
| 555 | Life assurance company tax credit | £ | • | ||||||||||||||
| **560 ** | Total land remediation and life assurance company tax credit | £ | • | ||||||||||||||
| –total box 550 and 555 | |||||||||||||||||
| **565 ** | Capital allowances first-year tax credit | £ | • | ||||||||||||||
| **570 ** | Surplus Research and Development credits or | £ | • | ||||||||||||||
| creative tax credit payable –box 545 minus box 525 | |||||||||||||||||
| **575 ** | Land remediation or life assurance company tax credit payable –total of boxes 545 and 560 minus boxes 525 and 570 |
£ | • |
CT600(2024) Version 3
HMRC 04/24
Page 6
Tax reconciliation – continued
| **580 ** | Capital allowances first-year tax credit payable | £ | • | ||||||||||||||
| –boxes 545, 560 and 565 minus boxes 525, 570 and 575 | |||||||||||||||||
| **585 ** | Ring fence Corporation Tax included | £ | • | ||||||||||||||
| **586 ** | NI Corporation Tax included | £ | • | ||||||||||||||
| **590 ** | Ring fence supplementary charge included | £ | • | ||||||||||||||
| **595 ** | Tax already paid (and not already repaid) | £ | • | ||||||||||||||
| **600 ** | Tax outstanding | £ | 0 | • | |||||||||||||
| –box 525 minus boxes 545, 560, 565 and 595 | |||||||||||||||||
| **605 ** | Tax overpaid including surplus or payable credits | £ | 0 | • | |||||||||||||
| –total sum of boxes 545, 560, 565 and 595 minus 525 | |||||||||||||||||
| **610 ** | Group tax refunds surrendered to this company | £ | • | ||||||||||||||
| **615 ** | Research and Development expenditure credits | £ | • | ||||||||||||||
| surrendered to this company |
Exporter information
During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither Indicators and information 620 Franked investment income/Exempt ABGH distributions £ • 0 0 625 Number of 51% group companies Put an ‘X’ in the relevant boxes, if in the period, the company: 630 should have made (whether it has or not) instalment payments as a large company under the Corporation Tax (Instalment Payments) Regulations 631 should have made (whether it has or not) instalment payments as a very large company under the Corporation Tax (Instalment Payments) Regulations 635 is within a group payments arrangement for the period 640 has written down or sold intangible assets 645 has made cross-border royalty payments 647 Eat Out to Help Out Scheme: reimbursed discounts £ • 0 0 included as taxable income
Indicators and information
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HMRC 04/24
Page 7
Information about enhanced expenditure and tax reliefs
Research and Development (R&D) or creative enhanced expenditure and tax reliefs
----- Start of picture text -----
650 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company
655 Put an ‘X’ in box 655 if the claim is made by a large company
656 Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted
657 Put an ‘X’ in box 657 to confirm that an additional information form has been submitted
659 R&D expenditure qualifying for SME R&D relief £ • 0 0
660 R&D enhanced expenditure £ • 0 0
665 Creative qualifying expenditure and/or additional deduction £ • 0 0
670 R&D and creative enhanced expenditure £ • 0 0
total box 660 and box 665
675 R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
680 Vaccine research expenditure £ • 0 0
----- End of picture text -----
Land remediation enhanced expenditure
685 Enter the total enhanced expenditure £ • 0 0
Information about capital allowances and balancing charges/disposal values Allowances and charges in the calculation of trading profits and losses
----- Start of picture text -----
Capital allowances Balancing charges
Annual investment
690 £
allowance
688 £ 689 £
Full expensing
Machinery and plant 691 £ 692 £
– super-deduction
Machinery and plant 693 £ 694 £
– special rate allowance
Machinery and plant 695 £ 700 £
– special rate pool
Machinery and plant 705 £ 710 £
– main pool
Structures and
711 £
buildings
Business premises 715 £ 720 £
renovation
Other allowances
725 £ 730 £
and charges
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HMRC 04/24
Allowances and charges in the calculation of trading profits and losses – continued
| Capital allowances | Capital allowances | Capital allowances | Capital allowances | Capital allowances | Disposal | Disposal | value | value | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Electric charge-points |
713 | £ | 714 | £ | |||||||||||||||||||||||
| Enterprise zones | 721 | £ | 722 | £ | |||||||||||||||||||||||
| Zero emissions goods vehicles |
723 | £ | 724 | £ | |||||||||||||||||||||||
| Zero emissions | 726 | £ | 727 | £ | |||||||||||||||||||||||
| cars |
Allowances and charges not included in the calculation of trading profits and losses
----- Start of picture text -----
Capital allowances Balancing charges
Annual investment
735 £
allowance
Structures and
736 £
buildings
733 £ 734 £
Full expensing
Business premises 740 £ 745 £
renovation
Machinery and plant 741 £ 742 £
– super-deduction
Machinery and plant 743 £ 744 £
– special rate allowance
Other allowances
750 £ 755 £
and charges
Capital allowances Disposal value
Electric
737 £ 738 £
charge-points
Enterprise zones 746 £ 747 £
Zero emissions
748 £ 749 £
goods vehicles
Zero emissions
751 £ 752 £
cars
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Qualifying expenditure
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760 Machinery and plant on which first £ • 0 0
year allowance is claimed
765 Designated environmentally friendly £ • 0 0
machinery and plant
770 Machinery and plant on long-life £ • 0 0
assets and integral features
771 Structures and buildings £ • 0 0
772 Machinery and plant £ • 0 0
– super-deduction
773 Machinery and plant £ • 0 0
– special rate allowance
775 Other machinery and plant £ • 0 0
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Losses, deficits and excess amounts
Amount arising
----- Start of picture text -----
Amount Maximum available for surrender
as group relief
Losses of trades
780 £ 785 £
carried on wholly
or partly in the UK
Losses of trades
790 £
carried on wholly
outside the UK
Non-trade deficits
795 £ 800 £
on loan relationships
and derivative contracts
UK property
805 £ 810 £
business losses
Overseas property
815 £
business losses
Losses from
820 £
miscellaneous
transactions
825 £
Capital losses
Non-trading losses on
830 £ 835 £
intangible fixed assets
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Excess amounts
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Amount Maximum available for surrender
as group relief
Non-trade capital
840 £
allowances
Qualifying donations 845 £
Management expenses 850 £ 855 £
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Northern Ireland information
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856 Amount of group relief claimed which relates to NI trading
£ • 0 0
losses used against rest of UK/mainstream profits
857 Amount of group relief claimed which relates to NI trading
£ • 0 0
losses used against NI trading profits
858 Amount of group relief claimed which relates to rest of
£ • 0 0
UK/mainstream losses used against NI trading profits
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Overpayments and repayments
Small repayments
860 Do not repay sums of £ 1 0 0 0 • 0 0 or less. Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.
Repayments for the period covered by this return
----- Start of picture text -----
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creative tax credit £ •
890 Payable land remediation or life assurance company £ •
tax credit
895 Payable capital allowances first-year tax credit £ •
----- End of picture text -----
Surrender of tax refund within group
- Including surrenders under the Instalment Payments Regulations
----- Start of picture text -----
900 The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow
910
915 Please stop repayment of the following amount £ •
until we send you the Notice
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Bank details (for a person to whom a repayment is to be made)
920 Name of bank or building society HSBC Bank PLC 925 Branch sort code 4 0 1 7 1 0 930 Account number 9 2 5 9 0 1 9 0 935 Name of account Dr. Rachelle Bascara Foundation 940 Building society reference 9 2 5 9 0 1 9 0
Payments to a person other than the company
945 Complete the authority below if you want the repayment to be made to a person other than the company I, as (enter status – for example, company secretary, treasurer, liquidator or authorised agent)
- 950 of (enter company name)
955 authorise (enter name)
- 960 of address (enter address)
965 Nominee reference
to receive payment on company’s behalf
- 970 Name
Declaration
Declaration I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief.
I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.
975 Name
Ryssa Magee
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980 Date DD MM YYYY
2 4 0 4 2 0 2 5
985 Status
Trustee
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Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs) CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015
Guidance
Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.
For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.
Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.
Company information
----- Start of picture text -----
E1 Company name
DR. RACHELLE BASCARA FOUNDATION
(name of charity or CASC)
E2 Tax reference 7 2 0 4 3 1 7 6 9 1
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY 2 5 0 6 2 0 2 3
E4 to DD MM YYYY 3 0 0 6 2 0 2 4
Claims to exemption ( this section should be completed in all cases)
Charity/CASC repayment reference E5 ZD158299
Charity Commission registration number, or E10 1194958
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30 Ryssa Magee
Status
E35 Trustee
Date DD MM YYYY
E40 2 4 0 4 2 0 2 5
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Repayments
To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.
Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax. E45
Information required
Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.
Non-exempt amounts should be entered on form CT600 in the appropriate boxes.
| Type of income Amount Enter total turnover from exempt charitable trading activities £ 0 0 • E50 Investment income – exclude any amounts included on form CT600 £ 0 0 • E55 UK land and buildings – exclude any amounts included on form CT600 £ 0 0 • E60 Gift Aid – exclude any amounts included on form CT600 £ 0 0 • E65 From other charities – exclude any amounts included on form CT600 £ 0 0 • E70 Gifts of shares or securities received £ 0 0 • E75 Gifts of real property received £ 0 0 • E80 Other sources (not included above) £ 0 0 • E85 Total of boxes E50 to E85 £ 0 0 • E90 9 0 0 0 9 0 0 0 |
Type of income Amount Enter total turnover from exempt charitable trading activities £ 0 0 • E50 Investment income – exclude any amounts included on form CT600 £ 0 0 • E55 UK land and buildings – exclude any amounts included on form CT600 £ 0 0 • E60 Gift Aid – exclude any amounts included on form CT600 £ 0 0 • E65 From other charities – exclude any amounts included on form CT600 £ 0 0 • E70 Gifts of shares or securities received £ 0 0 • E75 Gifts of real property received £ 0 0 • E80 Other sources (not included above) £ 0 0 • E85 Total of boxes E50 to E85 £ 0 0 • E90 9 0 0 0 9 0 0 0 |
Type of income Amount Enter total turnover from exempt charitable trading activities £ 0 0 • E50 Investment income – exclude any amounts included on form CT600 £ 0 0 • E55 UK land and buildings – exclude any amounts included on form CT600 £ 0 0 • E60 Gift Aid – exclude any amounts included on form CT600 £ 0 0 • E65 From other charities – exclude any amounts included on form CT600 £ 0 0 • E70 Gifts of shares or securities received £ 0 0 • E75 Gifts of real property received £ 0 0 • E80 Other sources (not included above) £ 0 0 • E85 Total of boxes E50 to E85 £ 0 0 • E90 9 0 0 0 9 0 0 0 |
|---|---|---|
| 0 | 0 |
Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these supplementary pages
| Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) £ 0 0 • E95 UK land and buildings costs in relation to exempt charitable activities (in box E60) £ 0 0 • E100 All general administration/governance costs £ 0 0 • E105 All grants and donations made within the UK £ 0 0 • E110 All grants and donations made outside the UK £ 0 0 • E115 Other expenditure not included above, or not used in calculating figures entered on the form CT600 £ 0 0 • E120 Total of boxes E95 to E120 £ 0 0 • E125 1 0 0 1 0 0 0 |
Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) £ 0 0 • E95 UK land and buildings costs in relation to exempt charitable activities (in box E60) £ 0 0 • E100 All general administration/governance costs £ 0 0 • E105 All grants and donations made within the UK £ 0 0 • E110 All grants and donations made outside the UK £ 0 0 • E115 Other expenditure not included above, or not used in calculating figures entered on the form CT600 £ 0 0 • E120 Total of boxes E95 to E120 £ 0 0 • E125 1 0 0 1 0 0 0 |
Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) £ 0 0 • E95 UK land and buildings costs in relation to exempt charitable activities (in box E60) £ 0 0 • E100 All general administration/governance costs £ 0 0 • E105 All grants and donations made within the UK £ 0 0 • E110 All grants and donations made outside the UK £ 0 0 • E115 Other expenditure not included above, or not used in calculating figures entered on the form CT600 £ 0 0 • E120 Total of boxes E95 to E120 £ 0 0 • E125 1 0 0 1 0 0 0 |
|---|---|---|
| 0 | 0 |
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Information required
Charity/CASC assets
| Charity/CASC assets | Charity/CASC assets | Charity/CASC assets | Charity/CASC assets | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Disposals in period | Held at the | end of the period | |||||||||||||||||||||||
| (total consideration received) | (use accounts figures) | ||||||||||||||||||||||||
| Tangible fixed E130 £ assets |
E135 | £ | |||||||||||||||||||||||
| UK investments E140 £ (excluding |
E145 | £ | |||||||||||||||||||||||
| controlled companies) | |||||||||||||||||||||||||
| Shares in, E150 £ and loans to, |
E155 | £ | |||||||||||||||||||||||
| controlled companies | |||||||||||||||||||||||||
| Overseas E160 £ investments |
E165 | £ | |||||||||||||||||||||||
| Loans and non-trade debtors | E170 | £ | |||||||||||||||||||||||
| Other current assets | E175 | £ | 1 3 | 9 7 | 5 | ||||||||||||||||||||
| Qualifying investments and loans | E180 | ||||||||||||||||||||||||
| Applies to charities only. See CT600 Guide | |||||||||||||||||||||||||
| Value of any non-qualifying investments and loans Applies to charities only. See CT600 Guide |
E185 | £ | |||||||||||||||||||||||
| Number of subsidiary or associated companies the charity | E190 | ||||||||||||||||||||||||
| controls at the end of the period. Exclude companies that | |||||||||||||||||||||||||
| were dormant throughout the period |
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