## **Trustees’ Annual Report for the period**
## **From 30/06/2021 Period start date To 31/12/2021 Period end date**
## **Charity name: THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **Charity registration number: 1195012**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To make grants and donations to charitable
organisations within the public health care
sector.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The Charity has not yet made any grants as it is
waiting for a sale of land to complete.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have not yet made any grants.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
SORP reference Due to the charity receiving their initial funds from a sale of land which has not yet completed, the charity has not carried out it’s aims in its first financial year. Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity currently holds a small reserve.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity holds reserve funds to cover any
administrative costs.|
|Amount of reserves held|Para 1.22|£500.00|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity has no uncertainties about
continuing as a going concern.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution.|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The charity has 4 trustees appointed
indefinitely. The charity constitution has
provisions for appointing new trustees under
clause 10. Trustees may be appointed a
resolution passed at a properly convened
meeting of the charity trustees.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|THE DAVID AND JENNIFER ADAMS FOUNDATION|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1195012|
|Charity’s principal address|The Coach House, Passenham, Milton Keynes, MK19 6DH|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||David Adams||||
||Jennifer Adams||||
||Lucinda
Carmichael||||
||Gillian Barnes||||
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– Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A**|||
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## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|N/A|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|N/A|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
Declarations
The trustees declare that they have approvèd the trustees. report above.
Slgned on behalf of the charity's trust
Signature(s
Full name(sl
Positlon (eg Secretary,
Chair, etc)
af4(
Date
17
**THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **FINANCIAL STATEMENTS**
## **for the period ended**
## **31 December 2021**
## **CHARITY REGISTRATION NO: 1195012**
## **THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|Charity Information|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
## **THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **CHARITY INFORMATION**
**Chair** David Adams (Appointed 30/06/2021) **Trustees** Lucinda Carmichael (Appointed 30/06/2021) Jennifer Adams (Appointed 30/06/2021) Gillian Barnes (Appointed 30/06/2021)
**Charity Number** 1195012
**Address** The Coach House Passenham Milton Keynes MK19 6DH
-1-
## **THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **For the period ended 31 December 2021**
|||||**2021**|
|---|---|---|---|---|
|
**Notes**|
£|£|£|**£**|
|**Income**|||||
|Donations|-||-|500|
||_______|_____|______|_______|
|**Total income**|**16,683**|**-**|**16,683**|**500**|
||======|====|======|======|
|**Expenditure**|||||
|______ ______||______|_______||
|**Total expenditure**|**235,280**|**-**|**235,280**|**0**|
||======|======|======|======|
|**Net income/(expenditure) for the year**|||||
|**and net movement in funds**|**(218,597)**|**-**|**(218,597)**|**0**|
|**Reconciliation of funds**|||||
|Funds brought forward||||0|
||________|_______|________|________|
|Funds carried forward||||**500**|
||=======|======|=======|=======|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure are derived from continuing activities.
-2-
## **THE DAVID AND JENNIFER ADAMS FOUNDATION**
## **BALANCE SHEET**
## **As at 31 December 2021**
||**2021**|
|---|---|
||**£**|
||======|
|**Current Assets**||
|Cash at bank and in hand|500|
||______|
|**Total Current Assets**|**500**|
||________|
|**Net Assets**|**500**|
||=======|
|**Funds of the Charity**||
|Unrestricted funds|500|
||________|
|**Total Charity Funds**|**500**|
||=======|
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