Charity Number: 1195259 

## The Lucy Rayner Foundation 

Report of the Trustees and Unaudited Financial Statements 

For the period 22 July 2021 to 31 May 2022 



## The Lucy Rayner Foundation Contents Page For the period 22 July 2021 to 31 May 2022 

|Report of the Trustees|1|
|---|---|
|Independent Examiner's Report to the Trustees|4|
|Dormant Statement of Financial Activities|5|
|Statement of Financial Position|6|
|Notes to the Financial Statements|7|





## The Lucy Rayner Foundation Report of the Trustees For the period 22 July 2021 to 31 May 2022 

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 May 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **Chair's Report** 

Words from the founder - Jenny Rayner 

We have seen a lot of growth with the Lucy Rayner Foundation (charity number 1152243). For us to accommodate this growth and expansion, the need was to incorporate the charity, in order for us to be able to employ staff and have premises. 

This is a new and exciting phase for the charity. 

There has been no activity this year whilst we seek to close the existing charity, but next year the intention is to carry out the charitable activities and transfer all assets through to this charity. 

## **OBJECTIVES AND ACTIVITIES Objectives and aims** 

Public benefit 

- To stop young people taking their own life. 

- To raise awareness of the signs and symptoms of depression and other related mental health conditions through education and campaigning. 

- To facilitate change in the way mental health is perceived by society. 

- Provide emotional support to young adults with mental health issues and their families. 

- Build emotional resilience and stamina in our young to enable them to thrive in society. 

- To collaborate and work with other charitable organizations and companies that have the same objectives as we do. 

- To keep the memory of Lucy Rayner alive. 

## **ACHIEVEMENTS AND PERFORMANCE** 

## **Significant activities** 

There were no significant activities within the financial period. 

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## The Lucy Rayner Foundation Report of the Trustees Continued 

For the period 22 July 2021 to 31 May 2022 

## **FINANCIAL REVIEW** 

## **Reserves** 

The charity was dormant throughout the entire financial period, and held no cash in the bank, and no reserve funds 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The Lucy Rayner Foundation is a registered Charity (registration number 1195259). 

We are governed by a board of trustees which meets formally at least four times a year. As well as attending board meetings our trustees support us in a range of ways including providing guidance on projects and delivery of charitable objectives. 

## **Statement of Trustees' Responsibilities** 

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. 

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and applicable accounting regulations. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

## **REFERENCE AND ADMINISTRATIVE INFORMATION** 

|**Name**|The Lucy Rayner Foundation|
|---|---|
|**Charity registration number**|1195259|
|**Principal address**|Suite 5, 2nd Floor Tower House|
||3 Cromwell Road|
||Redhill|
||Surrey|
||RH1 1RT|



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The Lucy Rayner Foundation Report of the Trustees Continued For the period 22 July 2021 to 31 May 2022 

## **Trustees** 

The trustees and officers serving during the period and since the year end were as follows: 

Rob Pierre Jamie Lenny Dr Alethea Adair-Stantiall David Shaw Sarah Matthew Richard Stephenson Captain Tristan Loraine Sandra Snelgrove Amy King 

**Independent examiners** The PHLT Group 6 Genesis Business Centre Horsham West Sussex RH13 5QH 

## **Bankers** 

Barclays Bank plc Leicester Leicestershire LE87 2BB 

Approved by the Board of Trustees and signed on it's behalf by 


18th April 2023 

Mrs Sarah Matthew 

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## The Lucy Rayner Foundation 

## Independent Examiners Report to the Trustees 

## For the period 22 July 2021 to 31 May 2022 

We report to the trustees on my examination of the accounts of the charity for the period ended 31 May 2022. 

## **Responsibilities and basis of report** 

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). 

We report in respect of our examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiners' statement** 

We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. 

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

The PHLT Group 

6 Genesis Business Centre Horsham West Sussex RH13 5QH 

18th April 2023 

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The Lucy Rayner Foundation Dormant Statement of Financial Activities For the period 22 July 2021 to 31 May 2022 

The charity was not active during the year or the preceding financial year. During these years the charity recieved no income and incurred no expeniture. 

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|**Fixed Assets**<br>**Current Assets**<br>**Total Assets Less Current Liabilities**<br>**Net Assets**<br>**The funds of the charity**<br>Restricted income funds<br>Unrestricted income funds<br>**Total funds**<br>For the period 22 July 2021 to 31 May 2022<br>The Lucy Rayner Foundation<br>Statement of Financial Position|£<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**2022**|£<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**2022**|
|---|---|---|
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The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 


Mrs Sarah Matthew Trustee 18th April 2023 

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## The Lucy Rayner Foundation Notes to the Financial Statements 

For the period 22 July 2021 to 31 May 2022 

## **1. Accounting Policies** 

## **Basis of accounting** 

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. 

The Lucy Rayner Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). 

## **Going concern** 

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 

## **Statement of cash flows** 

The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small. 

## **Funds** 

Restricted funds are funds subject to specific restricted conditions imposed by the donors. 

Unrestricted funds comprise of accumulated net movement in general funds. They are available for use at the discretion of the trustees to further general charitable objectives. 

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