## Report of the Trustees 

Period ended 31 March 2022 

The trustees present their report for the period 26 July 2021 to 31 March 2022. 

## **Reference & Admin** 

Charity Name: Moxie Foundation 

Charity Number: 1195291 

Charity Contact Address: 233 Penstone Court, Chandlery Way, Caerdydd, CF10 5NQ 

Name of Trustees: Mr Sam Cooper-Woolley 

Mr Richard Thomas 

## **Structure, governance & management** 

The foundation registered as a charity on 26 July 2021. 

The foundations’ governing document is publicly available on the Charity register which sets out the purpose of the foundation and how the foundation will be operated. 

The trustees who served during the period and up to the date of signature were: 

Mr Sam Cooper-Woolley (appointed 26 July 2021) 

Mr Richard Thomas (appointed 26 July 2021) 

## **Objectives & activities** 

The foundations’ purpose is to enable better access to employment opportunities by distributing grants that support the goals and ambitions of people living in social housing in the South Wales area, specifically those on individuals on low income who are housed or supported by charities or social housing associations. 

The foundation provides grant funding to support individuals needs for equipment, qualifications, training courses and any other necessary items for an individual to gain employment. 

## **Public Benefit** 

The Trustees are aware of the Charity Commission guidance regarding public benefit, and confirm that they have complied with the duty in section 4 of the charities act 2011 to have due regard to it. They consider that the information included in this annual report, about the organisation's aims, activities and achievements demonstrates public benefit in relation to the delivery of the objects of the foundation. 



## **Achievements & Performance** 

The foundation undertook fundraising activities during the period ended 31 March 2022 to enable distribution of grant funding to prospective users and raised a total of £11,456. The foundation distributed a total of £4,874 by means of grant funding to it’s users in the same period. 

## **Financial Review** 

The Trustees have examined the charity’s requirement for reserves in light of the main risks to the organisation. The intention in the future is to hold reasonable levels of reserves in the organisation to protect against unforeseen circumstances and potential risks without over retention, which would be contrary to our charitable delivery. 



||<br>**Charity Name**<br><br>**Moxie Foundation**|<br>**Charity Name**<br><br>**Moxie Foundation**|<br>**Charity Name**<br><br>**Moxie Foundation**|**No (if any)**<br>**1195291**|**CC16a**|
|---|---|---|---|---|---|
||**Receipts andpayments accounts**|||||
||**For the period**<br>**from**|Period start date<br>01/04/2021|**To**<br>|Period end date<br>31/03/2022||
|||||||
|**Section A Receipts and payments**||||||
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest**<br>**£**|**Restricted**<br>**funds**<br>**to the nearest £**|**Endowment**<br>**funds**<br>**to the nearest £**|**Total funds**<br>**to the nearest £**|**Last year**<br>**to the nearest £**|
|Incomeper summary|**11,456**|**-**|**-**|**11,456**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_|<br> **11,456**|**-**|**-**|**11,456**|**-**|
|**A2 Asset and investment sales,**<br>**(see table).**||||||
||**-**|**-**|**-**|**-**||
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_**|**-**|**-**|**-**|**-**|**-**|
|**_Total receipts_**<br>**A3 Payments**||||||
||**11,456**|**-**|**-**|**11,456**|**-**|
|||||||
|Expenditureper summary|**4,874**|**-**|**-**|**4,874**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
|**_Sub total_ **|**4,874**|**-**|**-**|**4,874**|**-**|
|||||||
|**A4 Asset and investment**<br>**purchases, (see table)**||||||
||**-**|**-**|**-**|**-**||
||**-**|**-**|**-**|**-**||
|**_Sub total_ **<br>**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**|**-**|**-**|**-**|**-**|**-**|
|||||||
||**4,874**|**-**|**-**|**4,874**|**-**|
|||||||
||**6,582**|**-**|<br>**-**|<br>**6,582**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**-**|**-**|**-**|**-**|**-**|
||**6,582**|**-**|<br>**-**|**6,582**|**-**|



## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B5 Liabilities**<br>**B3 Investment assets**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B1 Cash funds**|**Details**|**Unrestricted**<br>**funds**<br>**to nearest £**|**Restricted**<br>**funds**<br>**to nearest £**|**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>OK<br>**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**When due**<br>**(optional)**<br>Date of<br>approval<br>27/02/2023|
|---|---|---|---|---|
||Bank account|**10,011**|**-**|**-**|
||||**-**|**-**|
|||**-**|**-**|**-**|
||**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>**Details**|**10,011**|**-**|**-**|
|||OK|OK||
|||**Unrestricted**<br>**funds**<br>**to nearest £**|**Restricted**<br>**funds**<br>**to nearest £**||
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
||**Details**|**Fund to which**<br>**asset belongs**|**Cost (optional)**||
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||**Details**|**Fund to which**<br>**asset belongs**|**Cost (optional)**||
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||**Details**|**Fund to which**<br>**liability relates**|**Amount due**<br>**(optional)**||
||Moxie People Ltd|<br>Moxie Foundation|**3,429**||
||||**-**||
||||**-**||
||||**-**||
||||**-**||
||Signature|Print|Name||
|||||Date of<br>approval|
||||||
||1||||



CCXX R1 accounts (SS)