2022-07-01-accounts - The B.i.g. Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1195244

`Report of the Trustees and`

`Unaudited Financial Statements`

for the Period 21 July 2021 to 1 July 2022

`for`

`THE B.I.G FOUNDATION`

Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

THE B.I.G FOUNDATION

Contents of the Financial Statements
for the period 21 July 2021 to 1 July 2022

	`Page`	`Page`	`Page`
`Operating and Financial Review`		`1`
`Report of the Trustees`		`2`
`Statement of Financial Activities`		`3`
`Balance Sheet`		`4`
`Notes to the Financial Statements`	`5`	`to`	`6`

THE B.I.G FOUNDATION

Operating and Financial Review
for the period 21 July 2021 to 1 July 2022

The charity was dormant for the financial year with no income or expenses.

Page 1

`THE B.I.G FOUNDATION`

`Report of the Trustees for the period 21 July 2021 to 1 July 2022`

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheperiod21July 2021
to1July2022.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).

`ACHIEVEMENTS AND PERFORMANCE`

`Charitable activities`

TheCIOisestablishedtoadvancetheeducationforthepublicbenefitbymakinggrantstoUKcitizens in
anypartoftheworldundertheageof25toassistwiththeirmoral,culturalandphysical development
and education, in particular but not limited to the development of environmental education and science.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`

`Principal address`

Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

`Trustees`

G A R Cormack Trustee (appointed 24.12.2021)
Mrs S Solomondies Trustee (appointed 24.12.2021)
C J Perkins Trustee (appointed 24.12.2021)

Approved by order of the board of trustees on 3 October 2024 and signed on its behalf by:

C J Perkins - Trustee

Page 2

THE B.I.G FOUNDATION

`Statement of Financial Activities`

for the period 21 July 2021 to 1 July 2022

Total
funds
Notes£
NET INCOME -
TOTAL FUNDS CARRIED FORWARD -

The notes form part of these financial statements

Page 3

`THE B.I.G FOUNDATION`

`Balance Sheet 1 July 2022`

`Notes` `NET CURRENT ASSETS` `TOTAL ASSETS LESS CURRENT` `LIABILITIES` `NET ASSETS` `FUNDS` `3` `TOTAL FUNDS`	`Total` `funds` `£`
	`-`
	`-`
	`-`

	`-`

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
3 October 2024 and were signed on its behalf by:

C J Perkins - Trustee

The notes form part of these financial statements

Page 4

THE B.I.G FOUNDATION

`Notes to the Financial Statements for the period 21 July 2021 to 1 July 2022`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.

`Taxation`

The charity is exempt from tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.

`2. TRUSTEES' REMUNERATION AND BENEFITS`

There were no trustees' remuneration or other benefits for the period ended 1 July 2022.

`Trustees' expenses`

There were no  trustees' expenses paid for the period ended 1 July 2022.

`3. MOVEMENT IN FUNDS`

`MOVEMENT IN FUNDS`
		`Net`
		`movement`	`At`
		`in funds`	`1.7.22`
		`£`	`£`
`TOTAL FUNDS`		`-`	`-`
`Net movement in funds, included in the above are as follows:`
	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`TOTAL FUNDS`	`-`	`-`	`-`

continued...

Page 5

THE B.I.G FOUNDATION

Notes to the Financial Statements - continued
for the period 21 July 2021 to 1 July 2022

`4. RELATED PARTY DISCLOSURES`

There were no related party transactions for the period ended 1 July 2022.

Page 6